ETC

GreenStretch

Thank you, I used to follow the 2017 to 2021 equivalent of this, but hadn't thought about this cycle yet, although it is still quite early. Here's the snapshot from the week ETH hit its 2017-18 cycle high. [https://coinmarketcap.com/historical/20180114/](https://coinmarketcap.com/historical/20180114/) Which alts hit a new ATH in 2021? number 2 ETH **All-time high** Nov 16, 2021 **$4,891.70** number 5 ADA Sep 02, 2021 **$3.10** number 6 LTC May 09, 2021 **$412.96** number 13 XMR May 07, 2021 **$517.62** number 14 TRON hit its ATH a few days ago, but didn't match its 2017 high in 2021. number 16 ETC May 06, 2021 **$176.16** I bought a lot of the top 20 coins on the snapshot during the bear market from 2018 to 2020 and was able to sell them at a profit even though they didn't make a new ATH. Still hodling my ETH, ADA, and LTC, but hope to take profits in at least the last two this time around.

deano1856

Not a concise advisor, but I’d buy $10-15K in BTC to have at least 0.1 BTC, then $20K in ETC, $20K in LTC and hold onto the rest for when the market dips.

deano1856

ETH is near its ATH. I’m all for it soaring, but the safer bet is to put it into LTC. ETC could easily drop to $1,200 if we go bear, but LTC would only drop to its trademark $69. And if we go parabolic, the LTC upside is to hit or exceed its ATH of $420.

C-Dull

Everyone here hates this coin (and we know how Inversing the general sentiment here pans out), but ETC is due for a good run right now I think. It just surpassed its March 2024 high today, ETH is picking up, and its still far from its ATH. It’s my wild card for this cycle.

FlagFootballSaint

I did, I did Cashed out all of my XRP (at 2.7) and LTC earlier this week. Remain riding with my BTC-ETC boys until retirement

whataboutbenson

And ETC.

Discokruse

Not your keys, not your coins. Hitbtc got knocked over in an ETC double spend hit in September 2020. They have strick rules about use on their platform. Storage is not one of them. Sorry that happened to you, but know now that any centralized exchange is a horrible place to time capsule funds.

C-Dull

Even ETC is up way more than ETH is over the past month, and that coin never pumps without ETH going first, kinda like BCH. ETH really is that meme with Squidward looking out of the window watching SpongeBob and Patrick having fun 🫠

NonoNectarine

VET passed ETC now too. Gdam it's on fire

Emergency_Egg1281

Depends if you want to go long or looking for the NOW MONEY. Basically I have read everything for a year on crypto and these forums. IMHO.. If long, BTC and the networks choose any of the big ones, ETH , SOLANO , POLKADOT ...ETC . You can see the entire list in your wallet. They will be here for the long haul.

NationalBitcoin

I’m not sure how long you have been in bitcoin, I’m not assuming you are new. But consider snapshots of Top 10 coins in each cycle. 2020 BTC, ETH, Tezos, LTC, Stellar Lumens, BCH, ETC, crypto.com coin, Xrp, dogecoin, bnb, tether, Luna. All were top 10-20 coins at one. Nobody really advertises as much. One coin has never been dethroned from rank #1, not sure who the next top 10 will be in 2028. I can tell you for 100% who’s gonna be #1

kmmck

BTC is already extremely up. Wouldnt it be better to buy ETC since it still hasnt rallied yet?

quetzalfromthehood

Woa ETC joining the party???

Elean0rZ

I'd argue that gold wasn't "chosen" so much as prehistoric humans liked shiny things, which established demand for it long before anything concrete was known about how much of the stuff actually existed, and long before conscious "choices" were made to codify its role as a store of value (and long, *long* before other uses, e.g. in engineering, began to add some practical utility to its "ooo shiny!!" value proposition). Even today, the supply is subject to a non-zero chance of unexpected inflation, e.g. if some motherlode is revealed by advances in geological exploration, or we figure out how to mine an asteroid. But to your point, we can make a perfect facsimile of a dollar bill, or a famous sports card, or the Mona Lisa. Will those copies be worth the same such that we can say the originals "aren't rare/valuable"? No, because they **aren't** "the same in every way"--their value stems not only from their physical appearance or the materials that comprise them, but also from the context and narrative that surrounds them. A perfect copy of the Mona Lisa might be identical in every measurable way to the original, yet wouldn't be worth the same because it wasn't painted by Devinci's hand, didn't live through the same history, etc. A photocopy of a dollar bill wouldn't be endorsed by the military/economic capacity of the issuing state. The authenticity of the "story" is what ultimately matters, and authenticity is ultimately defined by broad agreement and acknowledgment--that is, consensus. If your assertion were true then there'd be no way of distinguishing between BCH and BTC, or ETH and ETC, and they'd be worth the same. They aren't because BCH and ETC lack the context to be supported by broad, educated, majority consensus as the *authentic* versions of their kind. They have value in their own rights, just as forgeries of the Mona Lisa can be skilfully wrought and carry compelling narratives of their own--but they aren't THE accepted item. So yes, Bitcoin can be copied infinitely, and the copies would be accurate facsimiles. But they wouldn't be supported by consensus, and they wouldn't carry within them the value proposition of the most secure chain, etc. (You can absolutely take issue with those value propositions, and there are certainly tons of cases where speculation has led to basically worthless coins being pumped. Those are valid lines of criticism, but they're separate from the basic question of whether copies are inherently worth the same as the original, which is all I'm addressing here.)

Opioidopamine

I suggest it, but Im a fool with no retirement, self employed, no health insurance , ex heroin addict ETC Im the last person they will take advice from My Mom (74)cannot wrap her head around the decentralized aspect, nor the time stamping benefits, nor self custody…. My Father same age, doesnt like it, is irritated that I have not lost $$ trading. He consistently tells me I should sell it all, despite that I pay easily 1/2 my bills from trading. They both are retired, divorced, and think they have more than enough $$ until death They are both college educated, My father a professor, Mom waa a senior machine designer for TrustJoist/Wharehouser. They both watched news and have to had heard of Q&E and interest rates because they have money managers annuities/some stocks, pensions retirement etc etc. I think they think Im embellishing when I bitch about the FED. They think that$$ in their checking is wholly theirs at any time/amount to be withdrawn as cash. They think that if theres a crash their $$ is guaranteed by the FDIC, & they dont buy that they could be forced into stock option as payment….ETC ETC Bless their old fart hearts. They could care less, even knowing BTC has gone up consistently on a 4 year cycle. They are basically still yuppies

itsdarien_

ETC

hash-rates

From a mining point of view ETC is strong and consistent. It’s not going anywhere , I’m not sure from a trading POV.

SeanK50

I’m still holding the bag on ETC since 2021. Only down 5% now, can’t wait to get my money back. Take that for what it’s worth.

YellowflowerMT

Let’s go ETH and ETC

C-Dull

ETC has been outperforming eth the past month, and has around 1% of ETH’s market cap, so it’s possible once retail starts to really FOMO and go for “cheaper ETh.” I have some ETC because I’m confident we’ll see that again later in the cycle

vekypula

hmmm lets see if XLM the XRP clone outpaced XRP in the pump last 2 weeks.... Maybe ETC will outpace ETH in the next two weeks pump?

OldManFire11

Which countries are actually using crypto currency? Do you have any real data about this happening? Or did you read those puff pieces about crypto in third world countries and assume it was a widespread thing? You don't have any examples of that happening because it isn't. You see one article from some crypto hypeman about Ukrainians using BTC and treat it like it's a widespread thing. Here in reality, the number of people using crypto as an actual currency is so small that it's a rounding error. And BTC and ETH are only reliable so long as you continue using the dominant fork. Go ask the people on ETC how their money is fairing. Or someone on any of the non dominant BTC forks. Crypto isn't a currency. It cannot function as one and it never will. The best case scenario for it is digital gold where it serves as a store of value. But the fundamental structure of it makes using it as a currency unviable. For fucks sake, most cryptobros are actively hoping it experiences massive deflation because you're too stupid to realize why that's a bad thing.

TheDiscoJellyfish

But the same ERC-20 seed phrase should then also give you the same public key across ETH, ARB, OP, POLYGON, etc. networks. Maybe even ETC. So messing the networks up shouldnt be as bad. Briding tokens even makes use of this. If you bridge from ETH main to ARB or whatever you will recieve whatever your bridged on the same address but in the other network.

Terrible-Estate5965

Hmmm I bought for 15,000 in 2020 and have always heard the scared talk of crashing, the you should sell at 30,000 then 40,000 and I’m nuts for not selling ETC. I have a plan and that plan is don’t try to time the market with selling and buying. Long term 10 years will usually be in your favor. I guess I’m doing ok! 5 years to go and not changing course! Good luck to all no matter what your strategy, plan or goal is.

WeeniePops

Are you fucking serious?? I really really hope your kidding. ETC?? Why?? Why do you hate money?? This is some of the worst crypto instinct I have ever seen, and we're on Reddit so that is saying something.

cryptoking87

I guess if you could find a way to short ETC you should do that because I just got 300+ of those!

qualityskootchtime

What if I have like 1500$ worth of BTC, and another 600 in ETC and smaller coins? Did a pandemic buy a few years ago all in Coinbase. A few hundred are on Robin Hood. Is it worth the hassle to move that little amount?

cryptoking87

I did lol. I switched the BTC over to ETC 🤣

cryptoking87

It's not as bad as you think. I'm indirectly backing ETH not directly. I got ETC instead which is not obviously linked to ETH in anyway but usually when ETH pumps sooner or later ETC pumps. So there you have it.

Hoodlum95

This happen to me a few years ago with ETC, sold all my stock and bought 30k worth of it, It wasn’t doing so well -20% and ETH was running so I sold and jump onto that train and a week later ETC moon 500% from $30 to 150$ in 24 hours.

cryptoking87

I know that's sarcastic but I just switched the BTC to ETC at 3000 sats.

cryptoking87

I also sold LRC and Algo the same day I sold the ETC both of them have since doubled.

cryptoking87

Thanks I converted the said BTC to ETC now 😆

throwaway1177171728

This is how you know another crash is coming. Until you shake out all these idiotic coins, it means BTC, ETC etc are also supported by this idiotic speculation.

Proverb313

Do you mean LTC BCH ETC ?

CosmoKramer75

No ETC https://www.benzinga.com/news/24/11/42117037/why-ethereum-classic-is-exploding-higher-this-week

CosmoKramer75

What about ETC?

stephanahpets

ETH didn’t have to hardfork. ETC is still running, and the majority of the users decided to go ahead with the fork that’s now considered ETH. Not sure how you compare a network being down to the fact that ETH can easily be forked. That’s a form of decentralisation, not sure if you’re aware of the meaning and importance of that.

Imaginary-Seaweed-29

i completely forgot ETC is a thing but wow it turns out its still alive and kicking and almost in the top 30 even

DBRiMatt

ETC is more alive then ETH! xD

bu88blebo88le

I don't think there are many ETFs right now that allow you to purchase ETH. In Canada, we just have ETC, which holds 66/33 BTC to ETH

Objective_Digit

If they agreed with the decision why do we still have ETC?

epic_trader

Because it wasn't an official vote and many didn't want to risk accessing their cold storage funds at a time when most people didn't have hardware wallet. The real result of the vote is the fact that 99.9% of the community stuck with EF. If they disagreed with the decision, why didn't they just go with ETC?

communist_mini_pesto

The canonical chain is where the users are and the holders spoke decisively by using ETH.  ETC is a zombie chain that frequently gets 51% attacked.  The DAO attack is nothing compared to the Bitcoin overflow bug that caused a rollback of the chain and undid thousands of transactions because they printed millions of BTC. 

Objective_Digit

> The canonical chain, the one all the users use, has been live the whole time. So ETC must be more canonical. ETH is a hard fork of it. >Which is why that transition is considered one of the greatest technical achievements in crypto history. Or a disastrous decision. It's a different platform. The downtime cannot have been zero.

Soggy-Welder2265

ETC Classic – I think the software is solid and fast. Yes, we all know about the 51% attack risk, but the odds of anyone reaching that level of hash power now seem unlikely.

corn-potage

Actually, it was an irregular state change on the smart contract, not rollback the chain. Also, node operators agreed to it, and if they didn't, led to ETC. Satoshi, rolled back the chain in 2010 when a hacker printed 184 billion BTC. The moar you know.

stephanahpets

That’s the nice thing about decentralisation. Some people wanted the fork, others didn’t want it. That’s when ETC came about, and it’s running just as well as ETH. It’s up to users which chain they choose to follow. This wasn’t a case of some inner circle deciding the future of Ethereum. It was decentralisation in action the way it’s meant to work.

Lou666Minatti

BTC represented 30-40% of my stack I held ETC and SOL at the time as well I am still "in it for the long haul" as I used my earnings to pay off some debt so I can buy more BTC

SuperSan93

Factually speaking LTC a fork of BTC (interestingly yet irrelevant, doge comes from a BTC fork path too). The original founder sold his entire stack which could be both good and bad depending on how you look at it. Due to its similarity it’s often used as a test bed for new tech before it’s added to BTC. Every bull run it has at least one pump, often at the same time as BCH and ETC. Has been on a consistent downwards trajectory against BTC for years. Money to be made with timing the market correctly but bad to hold long term. Upside not worth the risk imo, but I don’t dislike it.

Proper-Peanut9954

Yet, ETC is garbage. 

simmol

What is shocking is its comparison vs Ethereum Classic, which is pretty much a dead chain of ETH. 1 day: ETH (+1%), ETC (+27%) 7 days: ETH (+0.6%), ETC (+38%) 30 days: ETH (+21%), ETC (+55%) 90 days: ETH (+20%), ETC (+62%) 180 days: ETH (+2%), ETC (+7%) Basically, ETC > ETH across all time frames this year.

Cainholio

ETC

Background-Key-9009

When it’s already on tier one exchanges you’re too late. Kaspa has already pumped 40000x or something crazy.. it’s just end up like the b other irrelevant POW alts like ETC, FLUX, ERGO, RVN and a dozen others

DicksFried4Harambe

Oh wait ETC but I’m already 300% on it

RefrigeratorLow1259

ETC dominance at a 1 year low, money flowing into other ALTS/MEMES. https://www.tradingview.com/symbols/ETH.D/?exchange=CRYPTOCAP&utm_source=androidapp&utm_medium=share

Canik716kid

Or BTC is dead , or country ban , or moons , Lambo, shit coins...I've been in sub 1k....I've left hundreds of thousands on the fucking table .. I've sold multiple bitcoins at 3800 f****** dollars, I had hundreds of ethereum that I sold sub 30$ FML left 80 rack on the table with ETC....Litecoin. Don't get me started 😂😭🤮

No-Enthusiasm-2612

A question. Would you dump ETH for BTC right now? Feels the right thing to do. Currently I’m about 70/30 BTC to ETC

BradyatHedera

The CEO of Canary (who's launching the ETC) is Steven McClurg — he was the Co-Founder of Valkyrie Fund

Jvski

Yes. If the network becomes too centralized it's super easy to just fork it. Everything is open source after all. Look at what happened in 2015 with the whole DAO debacle. Now we have ETH instead of ETC. Centralization is technically really not an issue. "The big audience" is really just lagging behind, alot. During the Dotcom bubble, Google wasn't a significant player in the market by any means. It was all about Yahoo!. "Algorithms could never ever provide the quality of information that actual humans can dig up." You see how that aged. The crypto marker is only just starting to mature. It's still early.

Repins57

Here’s a list of the top 10 coins at the peak of the market in Jan 2018. Tell me, how many of these besides BTC and ETH performed well in 2021: 1. BTC 2. ETH 3. XRP 4. LTC 5. XMR 6. ETC 7. DASH 8. MAID 9. REP 10. XEM

anon1971wtf

Not necessarily, it's plausible that within my lifetime all the people would simply agree and there will be no contention. I expected PoW fork during Merge or ETC revitalization, it didn't happen. Right now I see Ethereum as solid private money I hold some, though slowly decreasing share in favor to BTC

SarcasticNarwhale

Exactly how I feel with my ETC and no BTC

alstoncm

Haha yes it’s a Roaring kitty reference but I’m saying people will be focused on ETH when really ETC is going to run.

alstoncm

Taking a gamble but last bull cycle we saw ETC go crazy when ETH decided to run… Buying while the price is still waaay undervalued. This is the Kansas City shuffle play.

alstoncm

Even ETC has had a better week than SHIB… ugh

Sothisismylifehuh

Did you keep your ETC?

biba8163

There never has and never will be institutional and tradfi interest in a scam gimmick token like XRP. Back in 2020 before the ETFs, XRP was one of the lowest invested crypto assets held by Grayscale. Grayscale Trust Holdings in 2020: | | AUM | |:-----------|------------:|- | BTC | $10.8 Billion | | ETH | $1.8 Billion | | ETC | $74 Million | | LTC | $74 Million | | BCH | $58 Million | | XRP | $18 Million | | ZCASH | $13 Million | In September 2024, Grayscale relaunched its XRP Trust and XRP bagholders were celebrating: https://np.reddit.com/r/CryptoCurrency/comments/1ff2l7n/xrp_spikes_8_as_grayscale_launches_xrp_trust_in/ **The XRP Trust currently only has $1.4 Million in Assets Under Management :** https://reporting-prod-20231113144948145500000003.s3.amazonaws.com/fact-sheet/608a998c-87b3-43b7-aa88-d4f0ba60bf71.pdf Looking at the inflows into the ETH ETFs compared to BTC, the only thing a XRP ETF will do is disappoint bagholders because XRP is an IQ test and institutional and tradfi investors will not touch this scam. | | Net Inflows | |:-----------|------------:| | BTC | +$24.26 Billion| | ETH | -$468 Million|

biba8163

Back in 2020 before the ETFs, this is what Grayscale held in different coins including XRP. You can see TradFi and institutional investors have zero interest in a gimmick scams like XRP that gullible crypto investors fall for. Besides BTC and ETH, there was pretty much negligible interest in any other crypto. This is why Blackrock said they will have *"No Other Crypto ETFs In The Foreseeable Future."* Grayscale Trust Holdings in 2020: | | AUM | |:-----------|------------:|- | BTC | $10.8 Billion | | ETH | $1.8 Billion | | ETC | $74 Million | | LTC | $74 Million | | BCH | $58 Million | | XRP | $18 Million | | ZCASH | $13 Million | https://www.coindesk.com/resizer/8evhar1igmq9qm5gJNYzQVIMi8o=/811x422/filters:quality(80):format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/HDYWAIBPBBEVZPDAC5RDITABUQ.png https://www.coindesk.com/markets/2020/12/15/grayscale-now-has-13b-in-crypto-assets-under-management/

ElonaMusk212

You're looking at this all wrong. Focus on SATS. First goal: .01 Second goal .10 ETC. When bitcoin hits 10 million a coin people who have .10 will be very happy!

Zero_Effekt

"Show some respect" For a pre-mine non-original-ledger altcoin that infests the crypto market with an abundance of rugpull garbage? Never. I'd sooner show respect to ETC.

0xmerp

Pretty sure all the serious implementations are using ETH and not the dead chain ETC :)

MinimalGravitas

I'm still not sure about how you're defining 'robust'? This research published in March calculated the cost to successfully attack ETH would be even higher than the cost of a 51% attack on BTC: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4727999 Are you suggesting the cost to attack ETC would be even higher?

MinimalGravitas

> ETC is more robust than ETH. ETC currently holds the record for the most 51% attacks in a single month... https://www.coindesk.com/markets/2020/08/29/ethereum-classic-hit-by-third-51-attack-in-a-month/ I'm not sure what definition of 'robust' you are using.

philcsik

Vitalik has to report. ETC>ETH

philcsik

ETC is more secure than ETH. Period.

sigh_duck

Whats ETC?

philcsik

Vote me to hell or drag me there, ETC is more robust than ETH.

EmbarcaderoRoad

So you're saying Bitcoin is basically a Cocaine ETC? That's pretty insane to be honest. Thanks for the perspective, gonna go stack some more sats now :) 

fan_of_hakiksexydays

To be fair, there was a good reason for that hatred. The network kept failing and it turned out this chain didn't manage to achieve its intended high speed transaction without the cost on the network and on centralization. At the same time, it's a reminder that price doesn't always follow tech. ETC is another example of a coin that ended up pumping, despite most of the sub hating it for its poorly secured chain that kept getting 51% attacks.

scottonfire

Is staking back for POLKADOT, ETC?

fan_of_hakiksexydays

Most of them are still around, so not really. In fact, even stuff like BCH, EOS, Tron, ETC, are still inexplicably in the top 100 market caps. I wish more of them had died, but they haven't.

Embarrassed-Hyena185

Wrong. Capital tax does not apply to normal crypto coins (unless you buy some ETC ). Crypto is taxed according to your own personal tax rate which depends on you income and can range from 0-45%