Post
Topic
Board Speculation (Altcoins)
Re: [ETC] Ethereum Classic Speculation
by
tokeweed
on 17/10/2016, 12:22:32 UTC
ETC trading volume continues to climb, outpacing ETH volume on Polo:

https://twitter.com/bit_novosti/status/787840744216076289

It looks like ETC suddenly gaining an upper hand over ETH in terms of volume. It would be interesting to find out if ETH can retain top position after upcoming hard fork.

A sudden increase in volume coupled with a fall in price is a bad sign.  It means that people want to get out and are dumping ETC in the market.  The direct effect of this is on the miners.  It will certainly reduce their earn.