Is Ethereum Classic (etc) Still A Good Investment?
Is Ethereum Classic (ETC) Still A Good Investment? Home / Altcoins , Ethereum /Is Ethereum Classic (ETC) Still A Good Investment? Is Ethereum Classic (ETC) Still A Good Investment? Ethereum traditional has emerged as one of the common altcoins since its massive brother ether executed a tough fork on the blockchain after the DAO hack in July 2016. During slightly beneath a 12 months of its existence, ethereum traditional, which carries the ticker ETC, has managed to rally from beneath $1 to over $20 and has positioned itself throughout the prime 5 largest cryptocurrencies out there. You cant discuss Ethereum Classic with out speaking about Ethereum first. Ethereum is a public open-source blockchain community that permits for the creation of sensible contracts and decentralized apps (DApps). It was first proposed in 2013 by its founder Vitalik Buterin and went dwell in July 2015 after a profitable ether token sale in July/August 2014. Ethereums digital token ether (ETH) has emerged because the second hottest cryptocurrency after bitcoin with a market capitalization of over $35 billion. The value of ether stands $370 on the time of writing, which additionally makes it the fourth most respected cryptocurrency after bitcoin, Zcash, and Byteball. The Hard Fork That Created Ethereum Classic In April 2016, the Decentralized Autonomous Organization (DAO) was launched to behave as a decentralized enterprise capital fund for cryptocurrency initiatives. It was constructed as a posh sensible contract on the Ethereum blockchain and was meant to permit buyers to vote on proposed initiatives that will then obtain funding by way of the DAO. During its 28-day crowdfunding marketing campaign, the DAO managed to lift $168 million value of ether and have become probably the most profitable Continue reading >>
Why Ethereum Classic Matters In 2018
Despite its low price, Ethereum Classic remains an important digital asset with a strong community. Ethereum Classic remains underpriced compared to the leading ETH asset, which has flown above $1,000. But ETC may still matter in 2018, both as a platform and a source of mining revenues. Right now, ETC does not look too good: its price has not recovered against Bitcoin, despite the nominal gains in dollar value. But there may be hidden upward potential in this coin, and perspectives for long-term growth. The fate of ETC in 2018 is contained in the recently released roadmap, featuring updates and the philosophy for the coin. The ETC project counts the building of a larger team as one of the milestones achieved in 2017: "The main accomplishment was that the team was established, that was a very challenging task, with very limited funding, under constant pressure from all sides and toxic environment, but by end of the year we grew up to 8 full time members in the ETCDEV team. The team got established development processes, working full time on core ETC projects, and will continue to grow." The ETC project has diffused the "difficulty time bomb" that it inherited from the Ethereum codebase. The blockchain, which contains the unaltered history of losses from the DAO hack, is taking on a different path, with an alternative policy of new coin creation. Ethereum Classic (@eth_classic) January 9, 2018 For 2018, the Ethereum Classic project has the main objective of scaling through side chains. Even at the moment, ETC is not as loaded by transactions as the Ethereum network. However, building a scaling solution in advance may be a benefit to the project. The other major area of development is an attempt to connect Ethereum Classic to the Internet of Things. The capability of work Continue reading >>
Ethereum Classic Prediction, Etc Forecast Price Charts - Is Ethereum Classic Agood Investment?
Ethereum Classic Prediction, ETC Forecast Price Charts - Is Ethereum Classic aGood Investment? "Should I invest inEthereum Classic CryptoCurrency?" "Should I buy ETC today?" According to our Forecast System,ETC isan awesome long-term (1-year)investment*.Ethereum Classic predictions are updated every 3 minutes with latest prices by smart technical analysis. Q&A about ETC projections. At Walletinvestor.com we predict future values with technical analysis for wide selection of digital coins like Ethereum Classic.If you are looking for virtual currencies with good return, ETC can be a profitable investment option.Ethereum Classic price equal to 31.480 USD at 2017-12-14. If you buy Ethereum Classic for 100 dollars today,you will get a total of 3.177 ETC. Based on our forecasts, a long-term increase is expected,the price prognosis for 2022-12-11 is 120.274 US Dollars. With a 5-year investment, the revenue isexpected to be around +282.06%. Your current $100 investment may be up to $382.06 in 2022. Continue reading >>
4 Reasons Why Ethereum Classic Might Be A Good Investment
4 Reasons Why Ethereum Classic Might Be A Good Investment - Crypto Hustle 4 Reasons Why Ethereum Classic Might Be A Good Investment The existence of Ethereum Classic has caused a lot of controversy in the crypto community. What started off as a simple hard fork to bail-out DAO investors , turned into a split of the Ethereum network into 2 chains. The competition between both chains is fierce and the markets have turned into a battleground. Both coins dominate liquidity amongst altcoins and tend to have an inverse correlation with each other. As a trader its my personal opinion that ETC may have more upside potential because its market capitalization is lower and the industry is growing rapidly. Here are my reasons why ETC may be a good investment. Ethereum Classic started off as a small idea and quickly grew into a beast once Poloniex listed the coin. This new market created outrage amongst many who had supported the fork, which lead to a series of attacks against it. During the first couple of days people saw ETC as an opportunity to get free money and attempts were made to crash the price into oblivion. Despite the efforts of people dumping at the bottom, the price rebounded and gained close to 500% on the third day.Eventually ETC trading volume surpassed that of ETH as traders saw the opportunity to turn a profit. One of the largest Ethereum miners, Chandler Guo threatened a 51% attack against Ethereum Classic. To everyones surprise, rather than carrying out the attack, Chandler had a change of heart and became an avid defender of ETC. He contributed 120GH to protect Classic from a coordinated mining attack by 51pool.org. Recently, another attack against Classic was subverted as the DAO white hat hackers turned rogue and attempted to crash the price by dumping milli Continue reading >>
Is Ethereum Classic A Good Investment? Know The Facts!
Is Ethereum Classic a Good Investment? Know the Facts! What is Ethereum Classic? How Does It Work? Is Ethereum Classic a Good Investment? If you have any question about Ethereum Classic, you have come to the right place! In this article, I will be discussing Ethereum Classic in detail. I will explore the potential of Ethereum Classic as well as the risks it faces. Short Review: Ethereum Classic is a decentralized platform that allows users to run smart contracts. Smart contracts are applications that run as programmed by users without the possibility of a fraud, downtime, censorship or third-party interference. The platform is fueled by a token known as classic ether which can be transferred between participants and stored in a cryptocurrency wallet. Investing in Ethereum Classic or any other cryptocurrency involves risks that you need to learn to manage . If you prefer more secure and guaranteed ways of making money online, I recommend taking a look at our #1 recommendation. Ethereum Classic project has started already a few years ago. Ethereum Classic is not a new cryptocurrency but simply a split from an existing cryptocurrency, Ethereum . Ethereum Classic was split from Ethereum after the occurrence of a hard-fork. The Ethereum Classic still provides its users with Ethereum features, including creation and deployment of smart contracts and decentralized applications, and it has similar specifications like average block time, size, and reward. Ethereum Classic vs Ethereum Why Did the Split Happen? The Ethereum platform works based on the concept of smart contracts, which are automated contracts enforcing and facilitating the terms of the contract itself. The DAO (Decentralized Autonomous Organization) was a complex smart contract that was geared towards revolutioniz Continue reading >>
Huge Plans For Ethereum Classic (etc) As 2018 Is Moving Forward
Huge Plans for Ethereum Classic (ETC) as 2018 is Moving Forward Home All Posts ...Huge Plans for Ethereum Classic (ETC) as 2018... 3 days ago By Maja Rogic 1971Views 0Comments Ranked as 16thcurrency on the global coin ranking list, Ethereum Classic (ETC) has started off this Monday by trading in the green as all currencies are trying their best to recover from the most recent market dip that went on for weeks while sinking the majority of coins and causing disruption in the price. Although ETC got back to trading in the red only a day after the initial rise, we are more interested in analyzing the plans ETC has for the rest of 2018 as their team has gone through some significant changes. What ETC has installed for the rest of the current year and how will the new team members affect the progress of Ethereum Classic as the year is slowly unraveling? The original team behind ETC has gone through some substantial changes, so now we have two additional members joining the team with the idea to improve the way Ethereum Classic is operating. Since it is a well-known fact that the world of blockchain technology and cryptocurrencies is more than fast-developing with constant progress and launching of innovations, the team behind Ethereum Classic is looking into their plans for the upcoming months of 2018. The team has seen some changes in form of additions of new team members to the already existing ETC team. One of the new members, Richard Schumann, will be working on graphics. His job would be to change and improve already existing graphics so the end users would be able to get the most out of what Ethereum Classic has to offer. With new graphics, there would be a new interface and that means that Ethereum Classic will be more oriented towards providing a user-friendly exper Continue reading >>
Is Etc A Good Coin To Invest In ?
You need to be more specific. Better than what coin? It's a good coin itself, but there are better alternatives for sure. Quote from: Tasneem530 on May 15, 2017, 08:51:39 AM is ETC A Better coin to invest in than ETH ? Ethereum is an extremely good and powerful coin which is waiting for its Proof of stake implementation. That means that after some time eth won't be a mineable coin, people will store their eth and get rewards for holding a certain stake. Etc is what used to be an original coin but faced a hard fork and thus became the rejected chain of blocks (eth became the true one). Now etc is still recovering from what happened a couple of years ago. Some people believe etc is a potentially good investment, for, when miners won't have an ability to mine eth they may switch to ethereum classic. I think that eth is still better but now is not the time to invest in it. It's too late. Quote from: Ayers on May 15, 2017, 10:11:58 AM i think yes, once the ETH original fork will go pure pos, investors will start pump the other alternative dagger and ETC is the strongest one among these coins, it's a good opportunity now to invest a small capital into this coin Well yeah, bro and etherum is also a potential in revtech and it can impact some industries economically. Also there development team is good and they have blos on github i think and reddit. It is also second in the market right after btc. It is also popular in terms of volume and buzz. I also saw a post on fb that an investors gained profit just by doing nothing in 170 days to wait for its etheruem no go high. is ETC A Better coin to invest in than ETH ? Of course yes, ETC is better than ETH because ETC is original of ethereum blockchain, it is good for long term investments into ETC but for short (trading) i choose Continue reading >>
Ethereum Classic Review - Etc Vs Eth Cryptocurrency Hard Fork Guide?
Ethereum Classic is one of two currencies that use the Ethereum blockchain, with Ethereum or Ether (ETH) being the other one. Find out what you need to know about Ethereum Classic today. Ethereum Classic is an open-source, public, blockchain-based distributed computing platform. The currency emerged after the original Ethereum platform forked into two versions, including Ethereum Classic (ETC) and Ethereum (ETH). ETC was officially released after The DAO hard fork in 2016, which occurred one year after the launch of Ethereum . Like Ethereum, Ethereum Classic provides a decentralized, Turing-complete virtual machine, the Ethereum Virtual Machine (EVM) as well as smart contract functionality. Today, you can buy Ethereum Classic (ETC), known as classic Ether on most cryptocurrency exchanges. You can store that cryptocurrency in a wallet just like you would hold Ethereum and other currencies. ETC uses gas, an internal transaction pricing mechanism, to prevent spam on the network and allocate resources proportionally to the incentive offered by the request. Prior to the fork , there was one version of Ethereum. It was called Ethereum. Then, there was a disagreement on how to handle the situation created by The DAO. In May 2016, The DAO, a venture capital fund, was built on Ethereum and raised an enormous amount of money. The DAO raised $168 million to invest in smart contract development. Investors recognized the potential of smart contracts, and believed The DAO which stands for decentralized autonomous organization was one of the best chances for smart contracts to reach their full potential. That same month, a paper was released explaining security vulnerabilities in The DAO. Those security vulnerabilities could allow the money in The DAO to be stolen. Just one month lat Continue reading >>
Etc Usd | Ethereum Classic Us Dollar Poloniex - Investing.com
To use this feature, make sure you are signed-in to your account To use this feature, make sure you are signed-in to your account Make sure you are signed-in with the same user profile Add to/Remove from a Portfolio Add to Portfolio 02:50:58 GMT - Real-time Data. ( Disclaimer ) Monetary Authority of Singapore (Singapore), National Futures Association (United States), U.S. Commodity Futures Trading Commission (United States), The Financial Conduct Authority (United Kingdom), Australian Securities and Investments Commission (Australia), Dubai Financial Services Authority (United Arab Emirates), Investment Industry Regulatory Organization of Canada (Canada) National Futures Association (United States), U.S. Commodity Futures Trading Commission (United States), The Financial Conduct Authority (United Kingdom), Australian Securities and Investments Commission (Australia), Financial Industry Regulatory Authority (United States), Investment Industry Regulatory Organization of Canada (Canada), Securities and Exchange Board of India (India), Securities and Exchange Commission (United States), The Securities and Futures Commission (Hong Kong), Securities Investor Protection Corporation (United States) U.S. Commodity Futures Trading Commission (United States) We encourage you to use comments to engage with users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse weve all come to value and expect, please keep the following criteria in mind: Stay focused and on track. Only post material thats relevant to the topic being discussed. Be respectful. Even negative opinions can be framed positively and diplomatically. Use standard writing style. Include punctuation and upper and lower cases. NOTE: Spam and/or pro Continue reading >>
Payroll For Cryptocurrencies Is Ethereum Classic A Good Investment
Payroll For Cryptocurrencies Is Ethereum Classic A Good Investment More in Ethereum Ethereum Price Prediction: Ethereum Classic price analysis: Investing in Forex involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. Exchanging traded notes We will begin with the ways through which you can buy a bitcoin. You can and absolutely should do your part to learn as much as possible about this field, and come to your own personal conclusions on its current and future potential value. There is no one central authority who holds all the power over bitcoin, just like no central authority holds power over gold. It is the original Ethereum cryptocurrency which ensures that it can be considered as a blue-chip Litecoin Added Coinbase Reddit R Cryptocurrency as. This is an extraordinarily difficult feat to accomplish, however, as the more people there are mining bitcoin, the harder it is to take over the network. Speculations, on the other hand, are like the Wild West of opportunities. For those interested in regular trading, the following exchanges may be more suited to your needs:. This is the reason I first started paying attention to bitcoin. The truth in no online database will replace your daily newspaper, no CD-ROM can take the place of a competent teacher and no computer network will change the way government works. These are currencies that are entirely controlled in their supply and creation by a national government, and are backed by nothing but faith in that government. The most common mistake people seem to make is investing solely based on the price alone and its short term historical trajectory, and nothing. The cost of mediation increases transaction costs, limiting the minimum practical transaction siz Continue reading >>
Ethereum Classic Vs Ethereum: A Step-by-step Guide | Finder.com
Born out of a hack and a philosophical disagreement in the Ethereum community, Ethereum Classic has become one of the top cryptocurrencies on the market. Starting life as Ethereum, Ethereum Classic (and its value token, ETC) is the result of a long debate over how cryptocurrencies should handle disagreements within the community and data hacks. That does not mean its in any way a lesser entity than Ethereum. On the contrary, the community behind Ethereum Classic aims to make Ethereum Classic the best cryptocurrency on the market. Ethereum Classic is an open-source, peer-to-peer, computing platform based on blockchain technology and the original Ethereum code. Just like Ethereum, it provides a value token, or altcoin, called classic ether which is used to pay users for products and services, and as a transaction fee when using decentralized apps and smart contracts. The story behind The DAO attack and subsequent hard fork decentralized autonomous organizationbuilt on the Ethereum platform. It was meant to allow users to invest in the development of decentralized apps to run on the Ethereum blockchain. By May 2016, The DAO had accumulated over $150 million, and was ready to begin its operations. Then a paper was released detailing a security flaw in the DAO architecture. Developers of The DAO ignored the concerns raised and moved forward with their operations. In June 2016, The DAO was hacked using the same security flaws outlined in the paper and approximately $50 million were stolen. This hack and the debate that followed it caused a schism in the Ethereum community. On one hand, Ethereum developers could revert the hack back, returning all Ether coins to their respective owners. On the other hand, the very core philosophy of cryptocurrency is that the transactions can Continue reading >>
Ethereum Classic (etc) Investment Trust Approved Following Protocol Upgrades
Ethereum Classic (ETC) Investment Trust Approved Following Protocol Upgrades Adam James @Shasdam | May 05, 2018 | 15:00 Fans of the original Ethereum, Ethereum Classic (ETC), have received some good news ahead of the projects planned upgrades. According to a press release from Grayscale Investments, LLC, common units of fractional undivided beneficial interest (Shares) in Ethereum Classic Investment Trust have been approved by the U.S.Financial Industry Regulatory Authority, Inc. (FINRA) for a public quotation (OTCQX:ETCG) on OTC Markets OTCQX Best Market. The Ethereum Classic Investment Trust was launched in 2017 as a private, open-ended trust which holds Ethereum Classic (ETC). As such, it derives its value entirely from the value of the ETC it holds. As explained in the press release: It enables investors to gain exposure to the price movement of ETC without the challenges of buying, storing, and safekeeping ETC. As of April 30, 2018, each Share of the Trust represents ownership of 0.96988630 ETC. The Trust will not generate any income and regularly sells/distributes ETC to pay for its ongoing expenses. Therefore, the amount of ETC represented by each Share gradually declines over time. Grayscale is already well-known for its family of single-asset and diversified investment products, which expose investors to Bitcoin (BTC), Bitcoin Cash(BCH), Ethereum Classic (ETC), Ethereum (ETH), Litecoin (LTC), Ripple (XRP), and Zcash (ZEC). Thus far, the response from the Ethereum Classic community on Reddit has been somewhat muted, with only userDrunkenMantis27 responding , Been waiting on this news for a long time. Userpakcrypto also commented, Great. Grayscales announcement follows an uncontested update to Ethereum Classics monetary policy. In a joint statement from many lea Continue reading >>
What Is Ethereum Classic? Should You Invest? - Econotimes
What is Ethereum Classic? Should You Invest? Ethereum is a blockchain-based platform. Its purpose is to enable decentralized application development. There are now two different versions of this platform in existence. The first version is known simply as Ethereum (ETH). This is the official version, and more commonly known. It is maintained by its original developers, including Vitalik Buterin . However, there is now a secondary version of Ethereum known as Ethereum Classic ( ETC ). While this shares many similarities with the original version of Ethereum, it also has some fundamental differences. It is also managed and maintained by a completely different team of developers. What Led to the Creation of Ethereum Classic (ETC)? In June 2016, the Distributed Autonomous Organization (DAO) was hacked. The DAO was the most notable Ethereum project of its time. The aim was to provide a new decentralized business model. It worked by allowing investors to send money to the DAO and sending them voting tokens in exchange. The investors could then use these tokens to vote in a democratic system that would decide how the funds would be invested. In a public crowdsale, the organization managed to raise a massive $150 million worth of ether. However, just as voting was about to begin, the DAO was hacked, and over $50 million were stolen. After much discussion, the Ethereum community agreed that they would vote to decide what would happen next. This vote revealed that most of the network wanted to change the code of Ethereum to send the funds back to the investors - and away from the hacker. However, a noticeable proportion of the community disagreed with this action. They vehemently argued that immutability is one of the major qualities of the blockchain and that it should not be ch Continue reading >>
Ethereum Classic Investment Trust In The News
Ethereum Classic Investment Trusts shares are the first securities solely invested in and deriving value from the price of ETC. Ethereum Classic Investment Trust enables investors to gain exposure to the price movement of ETC through a traditional investment vehicle, without the challenges of buying, storing, and safekeeping ETC. Shares track the ETC market price, less fees and expenses* Transfer Agent: Continental Stock Transfer & Trust * The Ethereum Classic Investment Trust does not currently operate a redemption program and may halt creations from time to time. The Trust may, but will not be required to, seek regulatory approval to operate a redemption program. The Sponsor intends to direct up to one-third of the Annual Fee, for the first three years of the Trust's operations, towards the Ethereum Classic Cooperative, whose initiatives support development, marketing, and community activities of the Ethereum Classic Network. For more information, visit etccooperative.org ** Valuation represents the ETC Holdings of ETC Trust shares Titled, auditable ownership through a traditional investment vehicle Ethereum Classic Investment Trust is a traditional investment vehicle with shares titled in the investors name, providing a familiar structure for financial and tax advisors and easy transferability to beneficiaries under estate laws. Shares of Ethereum Classic Investment Trust are eligible to be held in certain IRA, Roth IRA, and other brokerage and investor accounts. Supported by a network of trusted service providers Davis Polk & Wardwell LLP serves as legal counsel to the Sponsor of Ethereum Classic Investment Trust. Financial statements for Ethereum Classic Investment Trust are audited annually by Friedman LLP. The private keys for Ethereum Classic Investment Trusts Continue reading >>
Is Ethereum Classic A Good Investment?
Yes it is. Ethereum Classic (ETC) learned from the challenges before and puts a lot in effort in building a true decentralized trusted block chain application platform that can be used within different kind of businesses (Contract management, Financial IOT etc.). Due to the fact they kept true to its nature, it proves to go for sustainability. Instead of closing the bank and opening an new one, they focused on ensuring the technologie gets bulletproof without making any concessions like enabling 3th parties to do reverse actions. A blockchain should be unmutable! This philosophy and the fact a team is working on developing a platform that is more then only a cryptocurrency, ensures real business value is created. I am looking forward for the solutions they are developing for Financial IOT that will dramatically reduce the costs for financial transactions. If you want to start investing in this Ethereum Classic ($ETC) have a look at the Etoro Trading Platform that enables you to start trading is today. ETC is still very accessible like Bitcoin was before. For 15 USD you already can become a Ethereum Classic Investor. Yes you could lose 15 USD but you could also gain 100 USD by the end 2018. PS: This is my personal view and is not without financial risks Continue reading >>