Post
Topic
Board Speculation (Altcoins)
Re: Why is ethereum on the rise??
by
acmrl
on 07/01/2019, 12:58:42 UTC
Ethereum on the rise now because of the ethereum hardfork on 11 Jan 2019. If you hold ETH you will get ETCV with 1:3 ratio, it means if you hold 1 ETH on your private wallet you will get 3 ETCV (Ethereum Classics Vision). So, people are buying eth to hold it until the hardfork happen.
Yes I agree for this reason, but the exact date is not 11 january I guess, 15-16 january will be fork date for ethereum. I dont think etcv can get good money but people invest to it still, I will sell my eths from 160-180 dollar if it rises.