Will ETC surpass ETH or follow its Trend..

in Project HOPE3 years ago

Ethereum has been outperforming the last two weeks and currently, its price is almost 3500 U.S. dollars whereas one year back it was at approx 200 U.S. dollars. certainly, it has shown great growth in its price in last one year I price was almost 1500 U.S. dollar whereas it has gone more than simply ask it's an all-time high in 2017.

image.png

src

For the last couple of days, we can see a good price movement in Italian classic and now it's trading at the price of more than$100 I'm making this post it's at $125. clear I used to think that plastic is the 4th of Ethereum but I was wrong because today while searching about this coin I got to know that Italian classic was started in 2015 and after the hike in the blockchain a new point known as Italian was started so ETC is the old one and in ETH is a new coin.

I also come across you the post where people were saying that it is he could be a game changer now and it can follow the trend of what it is as then but, to be honest, I don't see that much potential with ETC because ETH has gone way ahead as compared to this one. it's obvious that we can't predict anything 100% in the crypto market and this pump could be one of the regions because people those who wanted to buy Ethereum are now buying Italian classic with the thought that it could be it Ethereum either or it can follow the same price movement end. I had purchased some Ethereum classic coin long back in 2018 and at that time its price was approximately 15 to $20 and I don't exactly remember at what price I did the buy.

image.png

src

The group that created the Ethereum Classic fork from the Etherum blockchain wanted to retain the original network and wanted to follow the 'code is law' principle. As time went on, the two different Ethereum blockchain, the new one, and the classic diverged from each other a lot, as the new Ethereum saw a lot of development.

src

It's a very low quantity that I purchased that time and I did not even remember that I have this coin but now since the value has gone up so it has started showing in My Portfolio and now it has come to my attention. I'm still thinking that what should I do now with these coins because I'm not sure whether prices will go up or this is the right time to sell off and grab the profit.
for now, I am holding my coins I'm keeping a close eye on the market to see how it performs in the coming days and it could be a good option for me to get even better returns however there is also a possibility if the price dumps then I will not be able to get that much.

What's your thought about the current price movement of ETC?


Thank you so much.

Sort:  

Your content has been voted as a part of Encouragement program. Keep up the good work!

Use Ecency daily to boost your growth on platform!

Support Ecency
Vote for Proposal
Delegate HP and earn more

For me the cryptocurrency market is quite complex and I have tried to study to understand the fluctuations of the currencies but there is still much to say if the value goes down or up and especially where and when to invest. thanks for this post that helps many to understand a little of this ecosystem.

This post must be a real gem considering ph voted it up even though it's not funneling rewards back to them, good job!

Hi @acidyo
I never said that my content is the best or this post is a gem but Its original and I understand that I share my content with various communities. Now its up to the communities and people if they like to support it or not.
don't know if there are any set of guidelines that defines if a post is a gem or not.
You have stopped by but not downvoted ... does it mean you consider it a good post?

My comment was based on the activity of ph-support I've witnessed over the weeks where they mainly only upvote posts that give them 50% beneficiary rewards, so I was making a joke saying this must be a really amazing post if they still voted it as it goes against their usual scheme and activity. Thanks for not participating in their scheme anymore, wish more community members would do the same instead of threatening to leave the blockchain because the leaders can't stop their selfish needs.

I have seen them upvoting the posts with and without beneficiary for quite some time but never gone in details to check. They never forced me to give 50% beneficiary rewards and there are many who are doing the same because they want to support the community. I can still see that posts are published with different % and its because the creator is the one who decides if he/she wants to support or not also what %.

I still hope that if we can sort out the difference with discussions and work together to add more value to Hive. DV isn't a good way to push everyone to leave Hive. A discussion can be done on discord to find a way out that is good for everyone and maybe you can suggest something great. Thanks.

I've tried, it's too far out now to trust that people are just giving them beneficiary as support instead of setting it to receive support to begin with. Looking at their activity lately I can tell you your post up here is 1 out of 100 at least, that's what brought me to comment in the first place.

If they wanted this much kickback from the posts they should've asked for donations to begin with cause this now just looks like vote-buying with the bene enticing them to mainly reward those posts irregardless of the content/author/contributions to Hive.