Ethereum: Twins war

in hard-fork •  8 years ago 

First day of real competition: Ether against Ether Classic (no-fork version)

After 3-days silence, the biggest crypto-exchange Poloniex started trade with BTC/ETC

The trick was that everybody who had ETH wallet at Poloniex in the fork time, now has equal quantity of ETC. So many ETH holders got their free BTC today - their ETH are safe.

Current rates BTC/ETC here: https://poloniex.com/exchange#btc_etc

I can easily understand ETH holders (I'm one of them). But there is considerable volume of ETC bought for BTC. This I cannot understand.

Market cap of ETC: http://coinmarketcap.com/ 

There are rumors that Bitfinex will add ETC Monday.

We'll need popcorn next several days!


hard-fork ether bitsquares ethc steem hardfork cryptocurrency etc ethereum eth bitcoin crypto-news
8 years ago by

Downvoting a post can decrease pending rewards and make it less visible. Common reasons:

  • Disagreement on rewards
  • Fraud or plagiarism
  • Hate speech or trolling
  • Miscategorized content or spam

Submit
$1.09
  • Past Payouts $1.09
  • - Author $0.92
  • - Curators $0.17
20 votes
7
Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  
  • Trending
    • [-]
      ·  8 years ago 

    I 100% agree. It seems like madness to me. If ETHC wins, it's because the whole thing is less valuable. Seems like a bad bet to own it.

    Downvoting a post can decrease pending rewards and make it less visible. Common reasons:

    • Disagreement on rewards
    • Fraud or plagiarism
    • Hate speech or trolling
    • Miscategorized content or spam

    Submit
    $0.00
      1 vote
      [-]
        ·  8 years ago 

      I don't like etc because there are too many noisy trolls in their subreddit. But ETH devs are quite tolerant - soon there'll be Parity client for ETC. After all there is pair BTC&LTC.

      Downvoting a post can decrease pending rewards and make it less visible. Common reasons:

      • Disagreement on rewards
      • Fraud or plagiarism
      • Hate speech or trolling
      • Miscategorized content or spam

      Submit
      $0.00
        1 vote
        [-]
          ·  8 years ago 

        We'll see. Without dapp support, the chain has no value EXCEPT as a currency like BTC. And BTC has 100x the value. It's just in a tough spot.

        Downvoting a post can decrease pending rewards and make it less visible. Common reasons:

        • Disagreement on rewards
        • Fraud or plagiarism
        • Hate speech or trolling
        • Miscategorized content or spam

        Submit
        $0.00
          1 vote
          [-]
            ·  8 years ago 

          Downvoting a post can decrease pending rewards and make it less visible. Common reasons:

          • Disagreement on rewards
          • Fraud or plagiarism
          • Hate speech or trolling
          • Miscategorized content or spam

          Submit
          $0.00
            [-]
              ·  8 years ago 

            Exactly. ETHC has so much to overcome -- everything challenge Ethereum faced (scaling, proving out smart contracts, fending off other currencies and new projects) AND a huge amount of complicated technical issues because of Ethereum's relative size and adoption. And no real dapps will build on it. But we'll see. It's crypto. Anything is possible.

            Downvoting a post can decrease pending rewards and make it less visible. Common reasons:

            • Disagreement on rewards
            • Fraud or plagiarism
            • Hate speech or trolling
            • Miscategorized content or spam

            Submit
            $0.00
              [-]
                ·  8 years ago 

              Good news. Now time to move on and hopefully have a period of stability.

              Downvoting a post can decrease pending rewards and make it less visible. Common reasons:

              • Disagreement on rewards
              • Fraud or plagiarism
              • Hate speech or trolling
              • Miscategorized content or spam

              Submit
              $0.00
                2 votes
                [-]
                  ·  8 years ago 

                Unfortunately I haven't wallet at Bitfinex. Whatever, Bitcoin will win. I turned free ETC to BTC
                Next several days I'll learn Steemit

                Downvoting a post can decrease pending rewards and make it less visible. Common reasons:

                • Disagreement on rewards
                • Fraud or plagiarism
                • Hate speech or trolling
                • Miscategorized content or spam

                Submit
                $0.00
                  1 vote