Post
Topic
Board Speculation (Altcoins)
Re: ETH price soaring. Are you going to move some BTC into ETH?
by
Azael
on 01/09/2016, 15:56:30 UTC
By doing that, the hacker does not have to sell the stolen funds and still make a lot of money. That could be the reason for the ETC price drop.

Exactly, margin trading is where the real money laundering happens.

That is my main concerning about owning the ETC. The ETC can just be a cash machine for the hacker.
So the price will not rise much in the future.

But the hacker and his friends like that. He can make a lot of money out of it. Maybe more than $10 million.

They have about 3.6 million ETC. If they can trade a few rounds of the 3.6 million ETC, they can make more than 20 million.


Nothing really happened and VB is embracing ETC now https://www.reddit.com/r/EthereumClassic/comments/50k0wr/vitalik_buterin_softens_on_etc_a_nonnegligible/

I mean it could just be that the way ETH doubles in mcap is by reaching parity with ETC. So everybody who believe in ETH should hedge.