RE: Ethereum Classic - Worth Buying???

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Ethereum Classic - Worth Buying???

in cryptocurrency •  7 years ago 

Not a bad point at all. My concern is more fundamental with ETC. Who us using it and why? We don't see Dapps built on top of it from what I can see. We're not buying anything with it. So what purpose does it serve? I just can't figure that part out.

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If you look at Golem (no Dapps yet), people are crazy about it. But when you look at another similar coin Gridcoin Research, GRC, no one is giving a rat's ass about it (despite it already having real use and real-world contribution to science). And oh, GRC costs just 12.5% of a Golem token.

Yeah I agree there. I'm long Gridcoin and have been for a while because of what you stated... it's in use and being used for some great research projects.

Beyond that, and along the same lines, speculation is rampant within the ICO space, which are a series of promises based on whitepapers.

Still, I don't get the bullish appeal of ETC specifically, because it's not doing anything new. It's competing in the same space as ETH, because it is essentially the same coin, but without any real use cases that I can tell.