ETC Does a years worth of ups and downs in 24 hours

in etherium •  8 years ago 

The great thing about the pump and dump that is happening with etc right now is how much money can essentially be made from nothing. I just feel bad for anyone sitting here thinking there is actually a future for eth classic.

There is literally no future with it, all developers are working on the hf eth chain, miners will stay in while there is money to be made and then leave it when it's not(or the difficulty gets too high to be worth it). And yet, the buy volume is insane for a crypto that is destined(almost guaranteed) to fail. 

Granted, in order for the dao hacker to get his money out, we should see a good chunk of pump and dumps over the next week(s), so if you're careful and not too greedy, there is definitely a good about of $ to be made there. 

Good luck to anyone trying to make a quick buck here though. Some of you will win, more will lose. :D 


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Here's some info on the hf and etc from Vitalik

https://blog.ethereum.org/2016/07/26/onward_from_the_hard_fork/