ETC

hosea_they_heysus

Here's my stepping stones: .05BTC, .1BTC, .2BTC, .3BTC.... 1BTC, 1.1BTC...10BTC, 10.1BTC.... ETC.

Objective_Digit

Then why isn't ETC as valued as ETH?

PirateSKB

Nope, would have to go privacy, so no BTC / ETC or anything else to start out. Beyond that, probably still no memecoins, and i'd probably use the monies to make more money after, so maybe a HYSA as the end step? idk

the_bueg

You seem to be confusing "blockchain" with "bitcoin". Some of what you said is true about Bitcoin - not blockchain technology. There are legitimate criticism of blockchain technology in general. But very different than the ones you listed for bitcoin. Algorand, for example, has it's pros and cons but none of the ones you listed. The copy/paste criticism is pretty rediculous though. Being open-source is one of cryptos greatest strengths, not a weakness. There are over 100 hard forks of Bitcoin alone. How many can you name? I can think of three - because I got coins in my wallet from their forks: BCH, BSV, and Bitcoin Gold, whatever the symbol is. All essentiall worthless now. There are thousands upon thousands of forks of various crypto projects. Few of which have gone very far, and almost none of which hurt those they "copy/pasted" from. Literally the only exception to that, is Ethereum. Depending on who you ask or how you define it, ETH is the copy/paste fork, and ETC is the original - and yet ETH went on to win. In fact ETH went on to fork again from PoW to PoS while ETC continued to not fork. To this day ETC maintains the entire original PoW tx history.

armanipunanny

It is my understanding that it is very difficult, if not borderline impossible to make profit from day trading. If you have 25k I would honestly just diversify your portfolio. If you truly believe in Bitcoin and have a high tolerance for fluctuation, now is a good time to buy. The average return per year on bitcoin for the last 10 years is 47%. The last 5 years average yearly return is 35% and this includes bull/bear markets. This means if you invest 5k, and assume the average yearly return stays at 35%, within 5 years that 5k would now be worth 26k. I'd do that. 5k in Bitcoin. And the rest in a few ETFs. 5k in ishares physical gold ETC (hedge against inflation) 5k in Vanguard S&P500 (top 500 companies in US) 5k in ishares core MSCI World ETF (global exposure) The last 5k...invest in yourself. Holiday, business, family etc.

BBHMM_Stake_Pool

Well sounds like you are reading the wrong places. Especially from your thoughts on on Cardano, since they are all wrong. I mentioned a few lines items before but I can go into detail. Most other chains don’t offer liquid staking. At least the top chains. You can literally use your ADA to swap, buy NFTs, interact with DE-FI, and etc. The chain will take a snapshot every epoch(5 days) and add/ subtract the amount of ADA in your wallet for the next epoch. While also getting rewarded every 5 days for the ADA stacked before that and it compounds. You can send or receive as you wish with no additional staking TX’s. Other chains like ETH requires you to unlock to get your ETH and use it. Also it take’s some time to receive it. Then if you want to add more you have to re-stake. For ETH it stays in a smart contract. Cardano stays in your wallet and that is staked. Also if you don’t have 32 ETH or the technical skills to run a heavy validator(cardano-node is way less resource heavy) then you have to send it to a custodial to get your ETH staked. So most staked ADA is in a custodial service not a wallet that they own. If that doesn’t change your mind about Cardano let me expand further You can't stake BTC. Since Cardano uses the eUTXO model/ Bitcoin uses UTXO and also uses the same security model it allows Cardano will be a trust-less, permission-less bridge and smart contract platform to BTC. You can not run smart contracts or program into Bitcoin currently. Soon you can send BTC to another BTC wallet and settle it in Cardano. You can bridge BTC to Cardano and back. Cardano will soon be the smart contract layer for Bitcoin. No accounts model, EVM based forked, Proof of History based Solana can do this without sacrificing security and trusting a 3rd party entity. Hmm this is what blockchain as built for, trust-less, permission-less, decentrailized. Even further Cardano has native tokens most other chains tokens are derived from a smart contract, which can be manipulated to rug users tokens, or copy and pasted contracts that have errors in them. You can not error on minting a native asset on Cardano. Which goes in to a failed TX and the token doesn't get minted and no charge to the user. Failed TX's on ETH wether it is user fault of chain fault still get charged, same with Solana. You can also send multiple types of tokens to multiple wallets at the same time in one TX or referred to TX’s in a TX. So I can send 5 different tokens to you, 3 to another wallet, 6 to a 3rd wallet and etc. Not sure who else can do that. I am sure there are some, but none of the top chains. Predictable costs of TX is based on the size of a TX, so you know how much you will spend to submit a TX before you submit. ETH, BTC are based on load or how much gas you want to send for speed. Estimated TX costs. Governance. I heard other chains mention this. But not sure how many have a constitution that has been voted on by holders. All chain parameters, hard forks, and treasury withdrawals are voted on now by users on Cardano. Not a dictatated by a foundation or CEO. Hard fork combinator makes upgrades seeming-less. How do you upgrade BTC? In reference to ETC. Charles was a founder of ETH. He let Vitalik keep it. Then he tried to fix ETC, he put money into research on how it should move forward. Nobody would listen to him or do anything. Not sure it was a shill rather than how can we make it better. I don’t follow it anymore. Has upgrades been done on it? Are people using it or is it a dead chain now?

Leithm

I been reading about crypto for many hours a day pretty much every day since March 2013 when I heard about Bitcoin. Tell me one thing I can do with Cardano I can't do with another cryptocurrency? Also tell me why CH was shilling ETC for years before dumping that?

plants_ribs

lol - I'm working on instinct only and have no idea what I'm doing so this is obviously not financial advice, but I tend to do like 60% BTC and ETC, 30% "mid-level" coins (e.g., Solana, Cardano, etc.), and then 10% bullshit that might do 100-5000x but most likely won't. I only buy when people are freaking out about Crypto being over, and with the bulk of my investments being in traditionally reliable and resilient coins, that tends to be enough to cover the 10% I gamble with. Oh also I started investing in crypto at the absolute peak of the last bull market and I got washed big time with my initial investments, but then I recovered by buying during the subsequent crash. Before this last crash I was up 100% (doubled). Now, even with horrific performance throughout the market, I'm still hovering around no profit but no loss - and I'm buying. I don't know what happens in the end, but that's been what I've been doing.

CuriousHelpful

BTC = US / ETC= Canada 

Intrepid_Guidance_57

I’ll keep it simple for you, Bitcoin is the one you want to invest in, you need to STUDY it like your life depends on it ( I’m not over dramatising ) study, understand its fundamentals , then buy and hold… never sell your Bitcoin. Buy it on an exchange, ( Coinbase, kraken ect ) DO NOT LEAVE YOUR COINS ON THE EXCHANGE ( potential hacks, accounts can be frozen or restricted if the system flags it for any reason ) Then you need to send your coins to a wallet YOU control… we call this “ cold storage “ you’ll also need a hardware wallet ( this holds the keys to your BTC, the keys are essentially what’s called a seed phrase, it’s either 12/24 words… ) MAKE SURE YOUR SEED PHRASE IS ON A TITANIUM METAL PLATE AND NOT PAPER INCASE OF FIRE,FLOOD, ETC YouTube is your friend here… BTCsessions is a great channel on YouTube that walks you through the process and also really helps you to understand what exactly you are doing and why. I recommend the Blockstream Jade for a hardware device, but that’s my personal opinion, he does a full breakdown of this hardware wallet as well, very beginner friendly IMO ( do your own research ) This is alot of info crammed into such a small reply so apologies about that, but everything I have written here is what you need to study and fast, there’s not much bitcoin left , it’s not just about the money, it’s freedom.. that’s what Bitcoin buys you, Time/freedom… but you’ll only ever understand this if you truly want to learn and get into it. I hope this helps man, I wish I had someone tell me this as soon as I entered crypto years ago.. Good luck my friend!

djhazmatt503

I'm burning karma by posting this reply, but the truth is that ETH is slow, expensive and extremely insider/expert biased. On SOL, you can mint PoopyDolphinCoin for under $20. Is SOL full of vapor promises and hyperbole and exaggeration? Yes. But so is the whole market. Bitcoin is not being used as a currency. It was designed as one, but right now it's speculation.  Ethereum, a great underlying tech (said as an ETC purist where fundamentals are concerned), is a speculation.  Solana, garbage tech, speculative, is actually useable. So the hate you're seeing is analogous to the legit local punk band hating on Green Day. Is Green Day overrated mass consumption slop? Sure. But it's working. Same thing with Solana. It's cheap, shallow and not true to the scene, but your grandma can use it.

fairysquirt

Holy shit, gratz. Wanna, help me get my ETC back from Bitfinex? I try like once a year lol

fairysquirt

Idk you seem confused. I'm not talking about how blockchain works. Of course the funds are there you sent them there, but that doesn't make it your allocated 0x for either polygon deposits or USDC deposits, and on the USDC deposit page it will say the CA of the specific USDC token they accept. This isn't some anomally you've ran into, its identical on most cex, they won't ''recover'' assets sent to the wrong 0x they have them designated for and if they do they charge a fee. That privkey doesn't belong to you, it belongs to them and you don't decide how they manage it, they do. Their hot and cold wallet setup may be per asset. They need someone at Revolut with the authority to access the root private key as their system isn't setup like your defi wallet where those low level staff can deal with every asset on one key on every compatible chain. Like I said, go to deposit, click on USDC, see what chain options they have, if they have Polygon, see what the CA is for the USDC they accept. I mean if they just gave you the privkey of that addy you could 'recover it' yourself, or wouldn't need to. This is why you should be using your own wallet, with your own keys on audied defi noncustodial DEX. I've lost alot of ETC this way on Bitfinex, they refused to return or credit it on ETC network, because I deposited it to a Callisto address which is a token riding on ETC. Its ETC, sitting on an address they monitor on ETC blockchain lol. Yours might not even be the right designated address for Polygon.

Hippos4ever

Crypto has been doing this since LTC was copy pasta’d from BTC and then DOGE copy pasta’d from LTC, and then “ETH” came along with a fresh copy pasta of BTC, but they didn’t do a good job copying the pasta, so they messed up and a whole bunch of people lost a lot of “money” so they decided to get rid of the concept of immutability, and muted the “ETH” chain, they did this by rebooting it and calling the one that fallowed actual block chain principles ETC while “ETH” some how went on to gain traction… some how… the rest they say is copy pasta.

pop-1988

This is seen already. An ETC wallet is an account. An ETH owner can obfuscate his holdings by running multiple unconnected accounts BTC is a bucket of coins. Each coin has its own address. Ownership of a hoard is obfuscated by design Registration of ownership would only work by State control - using a national ID number. Most people would comply. But, you're claiming decentralization, and you're implementing a centralized ownership register Bitcoin (and its dozens of copycats) is decentralized in its node network. There has never been any intention for decentralization of ownership

forsenbois21

Well i bought when BTC was around 24k with 80%, and leave 20% on ETC funny how ETC remains at the same price but i trust the cycle theory. Last leg up

coinfeeds-bot

tldr; HANetf has launched Europe's first leveraged crypto exchange-traded commodities (ETCs), including 2x Long Bitcoin ETC, 2x Long Ethereum ETC, and 2x Short Bitcoin ETC, listed on Nasdaq Sweden with a 2% total expense ratio. Co-CEO Nik Bienkowski stated these products offer a regulated way to navigate short-term crypto market movements. HANetf already manages $1.6 billion in cryptocurrency ETPs. Despite crypto volatility and regulatory warnings, investor interest remains strong, with significant growth in global and European crypto ETPs. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

stop_napkins

I’m 30. Have 120k in my 401k. Everything else in BTC. No kids. If I were older with kids I’d probably diversify a bit more. My current plan is to stop all 401k contributions, foregoing the company match and put it in BTC instead. Will likely do this until BTC starts climbing above 150k. Then I will go back to 401k investment. This is what works for me. Oh & Liquidate any long term stock that vests within the next year for BTC. I’m of the personal opinion that the US will be purchasing more BTC. Game theory, fomo from others, etc. and the US is desperately trying to push stable coin legislation backed by US Tbills to the rest of the world. This will bring in a ton of money into BTC. I don’t care what anyone else says as this is my personal belief. NFA. DYOR. ETC ETC.

lollybaby0811

There are also too many to the point there's nil value. I used to hold ETC and btcash even those have falled hard with the rise of trump coin. Would only put in on the top 3

Paratrooper2000

ETH Classic still has Proof of work, if that’s what you fancy. You can get a whole ETC for just 20$!

Smiling_Jack_

I heard they're going to add BSV and ETC to the strategic reserve next.

2peg2city

The EF does not dictate the road map, anyone can create and submit an EIP and anyone validating blocks can choose to follow or ignore that change, just like bitcoin. It's why ETC exists.

usaborg

Putin for example. All he wanted is for NATO to stay away from Russia borders "as per agreement he had with EU a while ago" EU don't want peace (some of the countries, not all) . ETC,ETC.

HelenaCrypto22

hello 49845 USDT that I have at xeggex!!! In the end, what’s next? well nothing for 1 month.and I also have 4.5810 ETH etheruim I'm tired of waiting because being in the field of webmastering I can confirm that it is possible to restructure the database in a few hours and not in 1 month or it is still not valid.... I'm asking you to tell me if there is anyone who has recovered USDT (theter) or Etherium, or BTC bitcoin? We are almost 1 month old and still nothing, I don't understand why we have to wait so long?? I don't understand because I'm a webmaster and normally it's fast!!! .... very fast. But no one on the forum talks about this problem! You are all worried about $10/$50 for PEPE And I'm certainly not the only one to have sales positions in progress where it has completely disappeared, like for example 120,000 RVN ravencoin for me!!! 506645240 for NEXA. well yes I am the only one with a sales position? or has it disappeared? you have to tell me, because in this forum I have the impression of having people who panic over $10 and other cryptos worth $5000 but frankly we have to talk about very serious things with a financial amount greater than 10/100 USD THANK YOU FOR SHOWING YOUR EXPERIENCE.... USDT (ETH Network) USDT (TRON Network) ETC ETH BTC ????? Am I the only one in the world to get screwed out of $55,000? on USDT and ETH from Xeggex ????

Korean__Princess

Smart. I did something similar. Still kept some stock after shifting it around but definitely sold off quite a bit and keeping the cash in a HYSA for now. Left crypto entirely at ETC and BTC recent peaks, though. I just kept watching the news and what ppl said and the trends and figured, nope. Seems it was the right call. Do regret not just pulling all my stocks (except real-estate), but at least my losses for now are less than they would've been otherwise.

beautybeyondveneers

just wait. Sui to Solana is like Ethereum Classic to Ethereum—a spinoff from former devs who thought they could do it better. Unlike Ethereum’s fork, Sui was built from scratch, but Solana remains the dominant chain with real adoption. Just like ETH left ETC behind, Solana has the momentum, user base, and ecosystem to stay on top while Sui is still trying to prove itself.

xmronadaily

You should look up how ETH classic came into existence... In 2016, a major hack of a smart contract on Ethereum, known as The DAO, led to the theft of 3.6 million ETH. This event caused a significant debate within the Ethereum community about how to address the hack. Some members of the community supported rolling back the blockchain to negate the effects of the hack, while others opposed it. The decision to revert the blockchain to recover the stolen funds resulted in a hard fork, leading to the creation of Ethereum Classic (ETC).24 Those who disagreed with the decision to revert the blockchain continued on the original chain, which became Ethereum Classic, while other users upgraded to the new version of Ethereum. Ethereum Classic maintains the original, unaltered history of the Ethereum network, adhering to the principle that "code is law," meaning the rules and regulations of the decentralized network are enforced solely through its underlying code. Wouldn't be the first time ETH was rolled back... Muh immutability.

perceptual01

It’s happened before.. *coughs in ETC*

DonasAskan

Ethereum was rolled back after DAO hack, you might not been here when this happened. New one became ETH (rolled back blockchain) and the old one remained ETC.

Vartemis

By this logic, you are making the same argument against BTC due to the very existence of BCH. ETC is what the other user is talking about. ETC is to ETH as BCH is to BTC. Either you don't know what you're talking about or you are an Olympic level athlete based on these mental gymnastics.

darkjediii

They did it before when the chain split to ETC/ETH, probably no chance they do it this time.

Necessary-Low-5226

might as well roll back to ETC at this point

FidgetyRat

Sooooo you’re currently holding only ETC?

EinArchitekt

Ok then lets roll back ETC to fix this? Right? Oh.

lordbaur

Sure they did how else ETC can to life?

Matthew5-5

Can you explain what you mean when you say “straight sats in one, BTC ETC in my retirement for the other”? I know what sats are and I know what the ETF is, but you’re saying you store them differently? Or? I don’t get it 

Faulty49

$ETC

Romkdomk

Bitcoin - Hope LTC/XRP/Some main coins (very very few) - Optimism/Belief ETC and 99% of others Anxiety/Denial

Realityvoidx

You do realize if you've been paying attention to any of the conversations that's taken place (elon, DOGE hearing, ETC) you would understand that all roads are pointing TO adoption. The checks and balances are broken and they have been laying out all the reasons WHY we need adoption without saying we need adoption. It's a long game play, if are not piecing this together, but I understand the goal.

Ok-Image3024

those are some top pics you already selected. there is also FBTC and FETH in canada which are very good. Also you have ETC which is a cool combination of eth and btc if youre trying to simplify.

2roK

A few years ago there was a lot of hype around ETC. Not only was the average guy able to make a living by mining it, there was also a lot enthusiasm about digital owner ship back then. Much talk about how the Internet 3.0 would be built on the blockchain, how ETH would enable all kinds of apps, virtual worlds and virtual ownership. None of this has come to fruition. Nobody is using ETH for any meaningful, large project, besides the crypto space itself. Mining is over. All of these "digital land/world" projects have withered and died. All the hype is gone and the average user nowadays doesn't even know what the usecase for ETH really is. I'm sorry to tell you this but, there is a reason why ETH isn't pumping now when other coins are pumping. >If ETH is going to 0, then all other alt coins will go down as well. It is the 3rd most traded coin and 3 times more than 4th place, meaning there is no head-on-head-race going on at all! Measuring on market cap, its place 2. Yeah and that's what the future will be like. Alt coins have not gone anywhere. Most people nowadays know them for basically just being used for rug pull scams. Just like NFTs, people don't want them, they have a bad reputation and nothing kills a currency more than people not wanting it...

Fearless-Act-345

What If hold ETC that track Bitcoin in my tax-free retirement accounts, does this count?

CoffeeAlternative647

VanEck, ETC Group Physical Bitcoin and 21Shares

Puzzleheaded_Tutor83

What do you suggest then? I have a good amount in ETC and ICP. My budget to buy now is around $600 and I’m hoping for a quick 2x as I said cus I need a few bucks. The other coins I will continue to hold of course

SippieCup

I can name quite a few actually. * Ethereum Classic has 2 attacks. January 2019 with 1.,1 million USD in double spend, and August 2020 where more than 4000 blocks were rewritten. The August 2020 attacks caused most exchanges to stop support for ETC. * Bitcoin Gold (BTG) was 51% attacked in may 2018 and had a double spend 18 Million. * Vertcoin had a successful double spend of $100,000 in December 2018 via 51% attack * GRIN currently has a single miner controlling > 50% of the network since 2020, causing a loss in value of 99.58% and dropping from most crypto exchanges in 2021. Going into why decentralizing the US Government's Ledger would be a bad idea: 1) There is no miner benefit to supporting this ledger. ETH/BTC have miner rewards that ensure there is enough compute to resist hostile attacked. Unless you want to also have the US government needlessly spend money rewarding people for protecting their ledger, there is no incentive for anyone to run a node to contribute to the stability of the network. 2) There is a much greater incentive to attack a blockchain that runs the entire US government, and therefore economy. This would cause an absolute havoc and potential destabilization of the US Government. 3) In comparison, to 51% Bitcoin, it would cost you a lot of money, and the final end result would be that bitcoin would be dead - and you would have lost a lot of money to do it. You would be much better off supporting bitcoin with that money than attacking it. Thus, there is no clear incentive for anyone to try an 51% attack a sufficiently large enough network that rewards miners. 4) based on current bitcoin hash rates & mining hardware cost, it would only take about $10 billion to execute a bitcoin 51% attack. There is no way that the US government could incentivize enough nodes to run it's network to protect it at even that level. Bitcoin is protected more so by the fact that there isn't a good incentive to spend $10B kill it than by the ability to do so. It would be rather trivial for a company like OpenAI to divert their compute to successfully attack BTC, and even more trivial for a rival state to do so. The incentive for killing the US Treasury blockchain would be the destabilization of its entire economy.

Objective_Digit

ETC IS ETC. They are not the same coin.

biba8163

From Feb. 3, 2021, 4 years ago from today: - ETH 62% (POS) - ETC 162% (POW)

biba8163

From Feb. 3, 2021, 4 years ago from today: - ETH 62% - ETC 162%

power_of_funk

XRP is a trademark owned by Ripple. BCH lost because bitcoin is actually decentralized and the users run the network. ETC (the real eth) lost because its centralized and users had no ability to resist the will of the pre miners. Exact same thing with Ripple/XRP. The final nail in the coffin is the unavoidable fact that any fork that Ripple doesnt endorse will have their massive pre-mined supply dumped and destroy the price.

northcasewhite

The same firm that preferred ETC and disliked ETH?

R4ID

>theres a 0% chance the original chain would persist. Tell that to BCH/ETC. Ripple doesnt get to decide which chain has value and gets to thrive, the market does. > Ripple would sue anyone who uses it ??? what a dilutional response. what IP/rights does Ripple have over open source public permissionless software?

biba8163

> trust reddit over the large investment firm Holdings of the named investment firm shows there is absolutely no TradFi and Institutional interest in XRP. The Grayscale Trust holds a paltry amount of $16 Million XRP. I mean they even hold 15X more LTC. Hell even more ZCash. Even back in 2020 before the ETFs, this is what Grayscale held in different coins including XRP. | 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/markets/2020/12/15/grayscale-now-has-13b-in-crypto-assets-under-management/

jawni

>If you wanna give up better tech just to "stay loyal" or whatever, then you're turning blockchain into religion, and you're no better than the Bitcoin maxis. What is your technical background that you can confidently say Cardano is better tech? And if it is truly the best tech, do you honestly believe that the reason it sees such little adoption is because people are too loyal? Wouldn't Cardano, as one of the oldest smart contract platforms, be a beneficiary of that loyalty rather than a victim? I would think if anything, loyalty would be beneficial for older platforms and harmful to newer ones. I'm glad you mentioned Hydra, because it's a great example of this. Touted so highly but all it has accomplished is a glorified stress test showing what it's *potential* is... except the stress test wasn't without problems, and if it was truly a useful piece of tech, why are you having to show it off with a stress test when it's been usable for over a year now? Shouldn't people just be organically using it if it's as good as advertised? Why hasn't it reached that potential? Everyone tells me how great Cardano is, but nothing I've ever seen has shown me that greatness. They say staking is so much better, but people don't choose chains based on the ease of staking, and liquid staking and account abstraction are whittling away at the marginal benefit that provides. They say it's the most decentralized platform, but time and time again we've seen that lesser decentralized platforms are still sufficiently decentralized(as we've yet to have a major security incident with any L1's regarding decentralization, outside of ETC 51% attack IIRC) and when push comes to shove, users prefer those chains provided they perform better in other areas like speed, cost, or throughput. It's also a ongoing process, that depends on a lot of variables, so the current most decentralized chain doesn't necessarily stay that way. If Cardano was as great as people say it is, I'd know it without having to be told. Maybe it's just that I value things much differently than other people, but the market generally seems to agree with me, so I think my priorities are in the right place.

C-Dull

Everyone also thought that ETH and ETC go together but ETC just goes up without ETH now lol

PirateSKB

I actually just thought about something, there's been so many projects here shilled over the years. Has anyone ever stopped to think that the cycle changes over time, and many projects will die and won't recover? Shouldn't we be looking into new projects that weren't shilled here before that might even do a 10x (or 100x) during an alt season? Examples of alts shilled here over the years : Eth, XVG, Raiblocks (Nano), Xtrabytes, Bomb, Harmony One, Cro, Nullex, BCH, Matic, Shiba Inu, Dot, Aave, Vechain, Kas, Grt, ICP, Nexo, Cel, ETC, EOS, Jasmy, XTZ, BSV, Antshares (Neo), Mana, Ampleforth, Dash, Yearn Finance, Sushi, Cartesi, Celr, Bitconnect (before it became a meme), Banano, Syscoin, Cosmos, Steem, etc

biba8163

I had to check this, pretty hilarious. Since January 2021: POS - ETH 128% POW - ETC 250%

Wolfkurt1

Litecoin and ETC

pop-1988

You answered your own question. Sell your ETH, buy ETC instead

Uther-Lightbringer

Here Lies "Better Coins Will Dominate" ADA, POLK, ETC, LINK, Etc etc. The list of other smart contracts platforms who had "better tech" that have failed to ever come close to capturing ETHs market share and usage is very long. The list of decentralized smart contracts platforms to overtake ETH is the same list as "Crypto currencies worth $1,000,000 per coin"...*hint, the list is empty* This is the same fallacy that has led to people looking for the next BTC forever too. BTC as a technology is shit, it's slow, it's expensive, the mining costs alone are positively insane, let alone the environmental impact. And yet, no coin holds a CANDLE to BTC. Face facts, were probably still another 5-10 years at a minimum before things like technology actually start to matter.

Roundabout777

ETC is ‘Extra TestiCle, cums in handy during the dip.

Faulty49

$ETC

ArmyAutomatic9201

What coin is ETC?

forsenbois21

ETC,ATOM my only 2 hoping to do 5X-9X

NationalBitcoin

I appreciate you taking the time to explain that. I wasn’t around at the time. But I remember the Bitcoin headlines. As a beginner in 2020 it was hard to differentiate coins from stocks, and I believe most come in and see Bitcoin and cheaper price than 100k and think that’s me. At least that’s how I saw BCH and ETC. I saw them as being associated with their main projects before realizing it was entirely an altcoin. So I think there’s some deception behind it also. It’s an interesting period and I would have liked to seen some of the Reddit posts. It sounds like there was almost some kind of Bitcoin civil war in 2018.

dasmonty

You wanted to buy 1 BTC, that implies to me that you want to buy actual BTC and keep it in self custody. With skills I mean that you get some knowledge about how bitcoin works on the technical side like how you do transactions, what is a wallet, self custody, how to create a wallet, how to keep your seed phrase safe. In my opinion you should feel very compfortable with when you want to handle several $100k. Its not an option to hold that big of an amount on an exchange. An exchange is what the name of it says, its not a bank to hold your funds. If you actually just want to buy the ETC, you don't buy 1 whole BTC, and will not own BTC. The asset manager just ows you $$$.

bigteisty

LTC and ETC is usually pumping just before the top. It’s a classic

kirtash93

This is why I stick to BTC, ETC and not much alts.

the_real_osiris

CkB, ETC and RVN

forsenbois21

ATOM,ETC. the sleepers

Inappro-Assistant

Once ETH will moon ETC will follow and bust to 100+ since noobs always will pump the shitcoin to the moon due to "the cheaper ETH". This market is a joke.

cybercashrigmaster

So if mining with one nVidea CMP 170HX and have been on HiveOS mining ETC - is that the best use in my rig?

AggrivatingAd

the hacker offered developers a bribe to validate his transactions if they stuck, so you know, both sides had a financial incentive. The developers werent the ones who lost money either, it was investors unrelated to developers; the devs had the incentive to stick with ETC as I mentioned.

JesusofRave007

https://www.reddit.com/r/CryptoCurrency/s/DWZtP6DnHl What you talk about supports my argument in fact. Only reason ETC failed is because ETH development solely relied on ETH foundation and their influence, hence proving it's far more centralized.

JesusofRave007

Yeah it was fork to roll back the change. ETC is the OG chain. But never a fork of bitcoin became the real the deal lol. Your argument makes no sense

nugymmer

Way too high. BTC high would be somewhere between 120-130k, ETH would be somewhere around 6-7k. The decent alts (the ones that actually have something going for them, including the decent meme coins) will scale accordingly and are usually a leveraged play on the BTC/ETC. When ETH goes up, alts go up. But it depends on BTC dominance. For alts to go up you need BTC dominance to fall. Most alts are complete and utter shit, so I don't see anyone making a fortune on them. It depends whether you get lucky. Don't buy shit and you won't feel like shit. Buy only decent ones with something going for them. When you know, you know. If people would just stick to the right shit, they'd improve their lives, but sadly too many buy garbage and then wonder why their life either turns to crap or stays that way.

BlueChimp5

That coin has been around since long before the 2020 cycle Back then it meant coins like 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.