The biggest thing speaking for ETC right now is its ever rising hash rate (and ETH's falling). As the coin is the most profitable mine it will be hard to stop, on top of that there is money from the hack flying around, which will push the price up further. Unless a 51% attack is lurking within that... But does it it have the same talent and brain power behind it as ETH, no, not at all. What caused this situation is the hubris found in some part of the Ethereum foundation and people close to the project. Cryptocurrencies spawned from the idea of freedom.
RE: Before the Bitfinex Hack, Bitcoin was projected to rise - Could ETC be a shelter from losses?
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Before the Bitfinex Hack, Bitcoin was projected to rise - Could ETC be a shelter from losses?
I think ETH will start to correct itself soon though. We're only about a week out from the hard fork and the dust still hasn't cleared. It will definitely be fun to watch!
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