This is a true old school token .. a true classic ! My opinion is that ETC can grow more than some "no-name" project, cause is an established project on the market, well known development and community support... a new kid on the block(chain) has to work hard on trust & gain populism to grow more than a well known project "After a loophole was exploited by a hacker on June 17th, 2016, resulting in millions of stolen Ether, Ethereum forked to a new chain that aimed to remedy the damages from the hack. Ethereum Classic is the continuation of the original Ethereum blockchain - the classic version."
call me crazy but during 2018 i used etc to transfer value on many occasions .. it was so cheap .. fast and I always trusted it every time .. it always appeared almost instant and made me a true believer in crypto as a whole ... (don't forget at this point .. i was a bitcoin maximalist -- but the expense to send and time for confirmations effected my business ... so ETC just worked ...
i no longer have such issues and can use lightning and BTC for about everything ...
But lets not ignore everything that is possible on ETC and what they are up to --
they don't have the huge loads of funds so they have an amazing and active community which includes the same team behind ADA which will also blow ump this year ! (info on ADA at a later date )
with that said it has an amazing TEAM -- it has true purpose and is evolving !
- projects are about to launch on the ETC chain ... CLO was successful last year in the bear market -- many others on the list - becoming stable as volume continues to increase ! - it is a true investment backed by large international investment groups including wall street -- greyscale / trading
- im not going to ignore the 51 percent attack that started the year ... honestly that is the only reason we are not at about 7.70USD currently (that obviously knocked us down as investment - SHORT TERM) lets not forget what an important coin this is for many reasons - its important to very many for it to succeed ... and its time is on its way .... - Why Ethereum Classic (ETC) Could Be The Fastest Growing Blockchain In 2019
“I would like the ETC community to be seen as it actually is, a strongly principled group of people who develop useful technology, rather than an ideologically driven group of zealots with no technical development.” - BobSummerwill
That's good information about the ethereum classic ETC blockchain, so don't worry about ethereum classic blockchain everything will be fine.
for FEBRUARY the ETC peeps are focused on growing the team, documentation, and getting a head start on our DApp tooling initiatives. continued forward growth !
listed by so many including Circle (owns Poloniex) Coinbase Kraken supported by most wallets / hardware / cold and hot
as of today Ethereum Classic Price $4.12 USD Market Rank #18 Market Cap $446,088,786 USD 24h Volume $191,334,105 USD Circulating Supply 108,259,520 ETC Total Supply 108,259,520 ETC Max Supply 210,000,000 ETC Yesterday's Open / Close $4.09 USD / $4.13 USD Yesterday's High / Low $4.17 USD / $4.07 USD Yesterday's Change +0.036108 USD (+0.88%) Yesterday's Volume $198,122,371 USD
TRADING ADVICE ---
assuming we have touched the bottom for 2019 and we most likely have ... still a lot of bear pressure .. so use this time and the stablished channels to accumulate and be prepared for steady growth as the weeks progress ! if you are actively trading and not holding for long term swing please use a stop loss !
best of luck
namaste
Trade active
we are about to hit resitance after 5 percent gain ... maybe good place to sell and buy back on the down trend ... then hoping it may have enough to break through !
Trade active
we are about to bounce into channel 2
hope you all accumulated ...we may take substantial bounce up if bitcoin keeps moving .....
this will be a 60$ coin by next August if looking for longer hold!
put some in cold storage --at least 20 percent of bag !
Trade closed: stop reached
I cannot believe we actually broke the lows we had in place ---
this of course happened with ALL alt / coins !
someday I will learn my lesson and stay away from them all ..
I still have confidence in this project and future of this true blockchain ..
Yet I just saw an incredible study -- showing that ETC is about 85% wash traded ! and that's the volume from the top respected exchanges ---
It did not surprise me to see ONT and a few others on that list such as TRON and EOS !!!!
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