ETC

ElKaWeh

If one fiat currency collapses, there is always a new one that replaces it. Even if we have a Bitcoin standard, fiat currencies will always exist in one form or the other, because countries will always try to control the monetary system. Also, because Bitcoin is usually displayed with the USD price, people often seem to think the BTC price is somehow linked to the US Dollar. But you can value Bitcoin in anything you want, like every other asset. There’s a BTC/USD price, a BTC/EUR price a BTC/JPY price, a BTC/Gold price, a BTC/ETC price and so on. The value of one specific currency is literally irrelevant to the Value of Bitcoin, or to the Value of anything else in the world. The value of something is not linked to the value of something else.

philcsik

What about ETC?

King_O_Diamond

If you're already in ADA, you can use it via Indigo Protocol to get some exposure to BTC and ETC....I was pretty USD poor/ADA rich during Bitcoin's last slump but was still able to get some iBTC at low ADA prices...some nice 3x returns without having to set up a Bitcoin wallet

VisionLSX

I just buy BTC, ETC, LTC I don't tough other stuff with a stick. I did have CRO for a while for their card but yeah. No more

Shaglock

That’s the thing. With Big ETF bros like Black rock holding so much both in coin number and influence, what if they say something like, 21M coins limit is not feasible, miners need to get more rewards, and get the other ETF and Big Co like Saylor’s to switch to the new fork (they have capital to buy the new coins). Then now BTC become BTCC (Bitcoin classic), just like it happened with ETH and ETC, and you and I the small fries are left hold our now halved bags in one hand and our dicks in another

PhantomFuego1228

I think you meant ETH, not ETC. ETC would fit in nicely with the coins you're trying to move on from.

Wild_Airport_5632

“These seem pretty dead, so was wondering if itd be a good idea to sell and reinvest into other coins (BTC, ETC and some alts)” “What would you do, would you sell them and reinvest”? Dawg you asked what people would do I answered. I’d buy BTC & SOL.

RestoreGrandDuchyLTU

Premine, PoS, rollback which resulted to ETC and Ethereum Foundation doing an ICO is more than enough for me and any sane person (especially after PoS) to realise that it is a security.

Invest0rnoob1

Does that make ETC a commodity?

biba8163

> Please tell me why Grayscale is scooping up Litecoin if it's a bad investment Sure, I am always happy to expose pure foolishness. Institutional interest in crypto outside of BTC and ETH is negligible. There has been more demand ETC than LTC - it's still negligible to make a market impact. In 2020 Grayscale had: - $10 Billion in BTC - $1.7 Billion ETH under management - $74 Million in ETC - $74 Million in LTC - $58 Million BCH https://www.coindesk.com/markets/2020/12/15/grayscale-now-has-13b-in-crypto-assets-under-management/ In 2024 Grayscale has: - ~$50 Billion in BTC is owned by Grayscale and the other ETFs - $9.2 Billion in ETH under management - $315 Million in ETC - $162 Million in BCH - $149 Million in LTC https://www.grayscale.com/crypto-products

0x3Jimmy

ETC will always be better

CointestMod

#Ethereum Classic Pro-Arguments Below is a Ethereum Classic pro-argument written by etj103007. > **What is Ethereum Classic?** > > Ethereum Classic is the original blockchain of the Ethereum network. After the 2016 DAO hack, users voted to hard fork the chain. The unaltered blockchain came to be known as Ethereum Classic (ETC), while the changed blockchain is now known as the much more popular Ethereum (ETH). > > Due to the users of ETC both using the unaltered blockchain and supporting an immutable blockchain, its users have adopted the slogan “Code is Law”. > > # > > # Pros of Ethereum Classic (ETC) > > **1. It uses PoW** > > With ETC sticking to Proof of Work (PoW) since the beginning, it is no wonder that it has been one of the top coins to mine for many years, most especially for miners with less than 4GB of VRAM. > > To prevent more 51% attacks to happen, its developers have switched its mining algorithm from Ethash to Etchash. This removes the possibility of renting hash power. Its reputation is rock-solid among miners, and it is one contender for migrating ETH miners after the Merge. > > **2. It supports smart contracts and other Dapps** > > Just like its forked brother ETH, ETC supports smart contracts. This allows it to support the same kinds of Dapps as ETH, albeit on a smaller scale and with fewer fees (currently, before the merge at least), > > NFTs are available on ETC as well. For those wanting a secure, PoW platform to build their apps upon, ETC would be the perfect choice for them. > > ​ > > **In conclusion:** > > As the original Ethereum blockchain, users of ETC pride themselves as the “original Ethereum”. Their developers continue to support miners, and keep the network secure with updates. > > With many questions being asked before the inevitable ETH merge, it’s also no wonder why it’s a popular choice for miners, as it can be mined even on older GPUs. Combined with its ability to use smart contracts, it directly competes with its bigger brother ETH in every manner and emerges better in each. > > TLDR: ETC supports miners while doing everything ETH can do. ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_ethereum_classic) to find submissions for other topics.

Grancino

I have more trust in a fully backed gold ETC by a well supervised reputable entity. A lot could go wrong with blockchain technology in this context. Who controls that the physical gold is really there? BTC is a totally different beast. Its purely digital, its there and you can control it. BTC is much more secure than tokenized gold.

CointestMod

#Ethereum Classic Con-Arguments Below is a Ethereum Classic con-argument written by etj103007. > **What is Ethereum Classic?** > > Ethereum Classic is the original blockchain of the Ethereum network. After the 2016 DAO hack, users voted to hard fork the chain. The unaltered blockchain came to be known as Ethereum Classic (ETC), while the changed blockchain is now known as the much more popular Ethereum (ETH). > > Due to the users of ETC both using the unaltered blockchain and supporting an immutable blockchain, its users have adopted the slogan “Code is Law”. > > **1. Ethereum Classic will stay on PoW, and no one knows what will happen to it after the Merge.** > > While this is good for miners, when the inevitable Merge finally happens, Ethereum's (ETH) miners would have to find new crypto to mine. And while there are many prospects, (such as RVN, ERGO, and FIRO) Ethereum Classic (ETC) is yet another possible option for them. After the merge, no one knows what might happen when miners switch over to these PoW cryptos. > > According to an article by messari.io, 97% of miner revenue comes from ETH alone. The current ETH network hash rate stands at almost 1 Ph/s, while ETC is 40x smaller, at a meager 23 Th/s. > > Of course, not all miners will choose to go to ETC, but migration of such size has never been seen before in the history of cryptocurrency. And its effects are also unknown. > > Since ETC is PoW, it is also susceptible to 51% attacks, which have happened several times in the past (such as the 3 attacks in Aug 2019). Protections have been put into place, but it still means waiting for long periods to get enough block confirmations for your transactions. > > **2. It has fewer future prospects than Ethereum** > > Even though ETC does support smart contracts, most apps use ETH instead as its ecosystem is definitively bigger than ETC. **ETH is just much more well-known among users as the 2nd biggest crypto**. > > **In conclusion:** > > Even though most know ETC as "**the original Ethereum**", its forked brother is simply more popular, more secure, and has better prospects. ETH will become a network using less energy too. ETH miners today may transition to ETC, **but its future remains cloudy.** > > **TLDR: Questionable future after ETH merge, fewer prospects than ETH.** ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_ethereum_classic) to find submissions for other topics.

Ill_Act_7678

Hmmm far as i know the preferred drug dealer currency is USD - accepted globally & cant be traced. Dont get me started on insane spending by Canada / USA governments that promote evil inflation that they are supposedly trying to "defeat" Any1 who has experience in wiring "Bank" funds globally knows how manual, expensive and nail biting the experience is. BTC - instantaneous with tracking . Staking will likely evolve as both BTC & ETC are definitely hi Tech --- The USD paper money? -- not so much ...... Cheers

HisCromulency

Fuck it lets pump ETC

bcmeer

I’ve had enough of Monero posts to be fair It’s been like a hundred years of the Monero posts, it ain’t gonna happen. Monero isn’t competing with BTC and ETC, its market cap doesn’t even come close.

getdownmrpresident_

Hmm but mostly all are falling, ETC too

AggressiveMaximum780

Welcome to ETC

SzaboSolutions

Yes, personally I never thought about money or its history or what made money good or how money worked ETC. I mean I would say 99% of people are that way at some point hahaha. Bitcoin made me have to set my pride and ego and thinking I knew it all and read deeper into what it was and money itself I originally thought bitcoin was just some scam nerdy online thing😂 So the third time I heard about it I was like man let me read into this foreal to uncover the “scam” that I thought bitcoin was And the rest was history my brother

Faulty49

$ETC definitely

Beechbone22

It works because nobody fucking uses it and there's nothing to do on it. Ghost town with no product, completely pointless network. If you are still talking about Algorand, Cardano, LTC, ETC, XRP, XLM, etc. in 2024 you are the leftest of left curve normies.

Verzogerung

Go for meme coins when they have their halving events or equivalents. Worked for me with BCH this past month. Next is BTC and I belive the next is ETC. Risky and somewhat stupid business, but it has been profitable.

chud304

just stack up on ETC and DOGE. an LTC

DNS_Jeezus

ADA ETC Useless shitcoins that are going nowhere I dont know FUN DODO and YGG but id be suprised if they had a worse outlook than ETC and ADA

AsbestosDude

Dump Dodo, FUN, YGG, ETC, and ONE Keep the rest.

Financial_Design_801

$932 Billion asset manager DWS launches physical Bitcoin ETC in Germany The Xtrackers Galaxy Physical Bitcoin ETC securities were listed on Deutsche Börse today (XXBT euro trading pair, XXBU usd trading pair) https://twitter.com/bitcoinmagazine/status/1775906056868163774?s=46&t=ihVglVXC0BQSbw6j57EoaA

bitcoincashautist

We preserved scalability properties while giving our p2p cash many more use cases. Cash is only as good as the stuff you can exchange it for, and DeFi will bring in the stuff. You're entitled to your opinion, of course, but it's not like ETH because it is Bitcoin-tech UTXO architecture that can scale 1000x better than EVM because there's no global state. When you lock up some sats in a contract, with new opcodes the contract can now "see" other bits of the TX it's getting spent in to create semi-automated money flows (someone still has to create and post the TX but it needs no signature - you can delegate the task to anyone). What other PoW non-VC/devtax/premined DeFi L1 chain is there? It's just ETC and BCH, and ETC is EVM so it would suffer the same fate of ETH if it actually got used.

R4ID

> Haha Bitconnect was never a cryptocurrency you'd be alone in defending that position. >Controlling what code everyone runs on a decentralized network is not possible you fool. which is what my argument is because THAT would make it centralized.... Remember how above you wanted examples of centralization and I gave you this one and now you're agreeing with me and my position? > Your magical devs who control a cryptocurrency the way Blockstream and BTC Core devs control BTC consensus is the exception rather than the rule. Try and get a BiP passed without Core. Hell There's plenty of BiP that actually improve Bitcoin but because Core dont support have never passed. Silvio Micali's BiP turns Literal waste generated by the system into profit without touching the security model. It would be like if you went to a corn farmer and asked if you could buy the husks from his corn he harvests to turn into ethanol, and instead because of Core they choose to instead Burn the husks instead of profiting more. > And forks like ETC and BCH show what happens when people try to play god with the code. you think ETC exists because someone wanted to play god with the code... yikes. it exists because of the DAO hack. not because someone wanted to change Eth lol. >Because solving the double spend problem is only one of the goals of decentralized cryptocurrency. which doesnt answer the question i put before you. Once again you ignore things when you're clearly wrong.

Humble-Economics-648

BTC ETH ETC Shiba Floki Sei Dogecoin Dogelon Heroes of Mavia LUNC years.finance

Judges_Your_Post

Agree about BCH ... being the compromised fork of BTC. And ETC would be the same argument. LTC seems fine though albeit not as valuable as BTC.

RockmSockmjesus

to be honest things like filecoin, ETC, and ZCash (and many others lol) dont deserve institutional attention in 2024. But to extrapolate and say that anything other than Bitcoin and ETH will *ever* get institutional attention might be inaccurate. Once viable alternatives to Bitcoin and ETH are actually at the right level, I think institutional money will flow.

biba8163

It has been years and some of cryptos have have major outflows since including ZCash, ETC, Litecoin, Large Cap Fund, and others have been dropped including XRP and EOS.

Go1den_Ponyboy

ETC? Ewww. It was for the better.

Lumn8tion

It’s true. Was the only option in NY at one point. BTW I did the same as OP except with ETC.

OkApartment1950

Laughs in ETC

bigloop123

Litecoin, ETC and Eos. All leftovers from the 2017.

frugaleringenieur

Is CRO still a Cosmos token? I am super unsure what is now CRO or Cronos or CRO ETC20 token or what the hell.

ikiyen

Reddit tokens like $TACO, $CONE, $MOON, $PLUNGER, ETC..

x615-DuckHunter

$ETC

DingDangDiddlyDangit

ETH forks. If you do not update, you are now on ETC. The chain, ETH, is now a different chain than ETC. ETC and ETH are not the same chain anymore, they are *different.* This is what you came here to disagree with "this is incorrect" 🤓. Reading comprehension lmao. The pot calls the kettle black.

DingDangDiddlyDangit

TIL the ETC chain is the same as ETH chain. If you kept mining, you yourself didn’t do anything different. What did change was that it is now a different chain than “ETH”. ETH is a “different chain” than ETC. Once again, you’re the captain of semantics. Like completely misunderstanding or saying dumb shit on purpose.

Njaa

> Well you’d have to agree, or you’d be booted. If you choose not to update, you are now on a different chain not ETH. See ETC, ETHPOW. This is incorrect. ETC and ETHPoW are continuations of the original chains without implementing the hard forks. If you kept mining without updating your node for the DAO fork, you'd be mining what is now called the ETC chain. > Otherwise you go with the non-EF approved fork that was abandoned by the entire dev team The Ethereum Foundation doesn't do development. Ethereum development is done by many different client teams, such as Geth, Reth, Nethermind, Erigon, Besu,, Prysm, Lighthouse, Teku, Nimbus and Lodestar.

DingDangDiddlyDangit

Well you’d have to agree, or you’d be booted. If you choose not to update, you are now on a different chain not ETH. See ETC, ETHPOW. Ethereum Foundation created the coin and sold it with the promise that it would see continuous development from EF devs. The roadmap itself will take minimum another 30 years to get to their goal. If EF issues an update or fork, you know damn well everyone will follow. Otherwise you go with the non-EF approved fork that was abandoned by the entire dev team and will receive no more updates from them. Bitcoin is just the version with the highest hash rate. If Satoshi was still around guiding forks and developing, you could make the same argument.

SomeAreLonger

No. For example FBTC has to buy bitcoin and HODL as long as you hold shares. Thereby making bitcoin more scarce. There is an article out that showed bitcoin going parabollic in scarcity over the next few months if ETC inflows continue.

hellr4isEr

lol did you forget about ETC?

Tiredgeekcom

ETC

libretumente

Mostly LTC, not a big BCH fan but it will pump nuts just like ETC does sometimes

fieldsofthecrypt

how can shit be holy, or holy be shit? unless you think your holiness is shit, if so why do you celebrate dec 25 solistice bigger than any ETC ATH event?

sportspadawan13

ETC, LTC, still losing on DOT (16 avg), DOGE, algo (hugeeee 90% loss). I clearly was new hahaha.

slavikthedancer

ETC... You forgot LTC and PPC.

Beechbone22

The moment you mentioned ALGO ADA XLM and ETC as well established altcoins to convert to you lost all credibility. DOGE is legit a sounder investment than the 2017 coins you listed and this is coming from someone who thinks memecoins are unbelievably stupid and wouldn't touch one with a ten foot pole.

Simke11

Yes convert your BTC to dead coins like ETC, ALGO, ADA… winning strategy

swarmahoboken

It is a confidence game. That is a true statement and casinos are fine when you know you're gambling. This is coming from someone who mined over 11 BTC on Slushpool back in the early days 2015. I have a degree in Computer Information Systems -No one gets their paycheck in Bitcoin. Not the common man. No job posted on indeed lists a BTC salary. -No major retailer accepts Bitcoin. Not directly. -I've done more Bitcoin transactions than most people and I don't really use it. -I've Built a Pi Lightning node, CASA, Lightning BTC nodes. Setting up a true lightning node is soooo bad. -I've got younger family members, people you think would naturally be drawn to it, or their school friends, but if I didn't talk about it the conversation wouldn't occur. I've never heard one of them talk about how they bought something in Bitcoin. -There's way more than 21 million. Not theoretically, but in practice. Hear me out. ETF buyers are not self custodian. Neither are many Coinbase users. This allows for large corporations to have very little BTC and operate with MUCH more USD. They operate in the same manner as those that operate in paper gold. If you buy and keep a coin on Coinbase, there is no record of you on the Blockchain. You have to move it off, for them to actually give you a Bitcoin, which most people don't. They don't know how. Nor do ETF users, they dumb dumb. And you're misguided enough to believe there is oversight. Like Alameda Research oversight? Like Celsius oversight? BlockFi? ETC, ETC, ETC. Have fun out there, but realize what you are messing with is the next Game Stop. There is no real value in Bitcoin, unless you live somewhere the Government is extremely oppressive.

Canik716kid

Bought 500+ BTC in 10' with a few friends while we were all fucked up rather than going downtown...sold them after it went up 100🤣 little did we know , we'd have all been multi-millionaires had we held on.... Then I didn't buy again until 2016...BTC,eth,LTC, ETC...

EtherAcombact

Many retail investors who entered the market after the halving pump may lack the technical expertise to navigate decentralized exchanges and invest in micro-cap coins. The typical individual who joined the previous cycle heard about the surges in Bitcoin and Ethereum, leading them to create accounts on platforms like Coinbase, Binance, or Kraken. Starting with Bitcoin, they often venture into "cheaper" coins, explaining the significant pumps in coins like ADA, Link, and ETC before the surge in micro-cap coins. Your approach differs from that of the average retail investor.

Appropriate_Yak_4438

Do you not know what the point of the miners is? Why they are being paid an amount of bitcoin for the job they do? You should check out ETC or BTG and maybe you'll get why it would be a terrible idea.

Left_Sustainability

Bought BTC and ETC in 2020 and held both until today. Sadly, I needed some liquidity for some family vacations and other expenses and the cash will really help. Still thrilled by the returns. I have no doubt both will climb much higher than this within the next 5 years but due to my situation I needed cash now and couldn’t risk another huge drop in the future coinciding with me needing even more money. Risk vs reward. I like my reward now just fine.

GreenStretch

It did have a good sprint last cycle. Just after I sold my one ETC.

Tiny-Dick-Respect

I'm all in on ETC for this reason

HisCromulency

$1000 ETC when

Grand_Deal_7813

Simple. Covert my high gained assets to USDC or USDT. Sell 10%-15% of it to my local currency. Reinvest majority of the remainder in BTC, BTH, ETH, ETC, MATIC & SOL and a small portion in meme coins when the market tanks.

PhysicalLodging

Oh man... How much time you have? I sold hundreds of thousands of Doge weeks before it took off and never came back. I was selling ETC at 5 to pay for ETH gas fees... I don't even want to remember when I really think about it lol

MakeItMine2024

I dropped 4500 in BTC ETC OPTIONS yesterday you have my blessing

nethanns

What is the target price for ETC to sell and will the market drop in April

DigStock

I don't think you understand, cryptos are not under regulations here, I said ETF/ETC. This is exactly why I was looking into something similar to a iShares physical gold ETC equivalent in crypto.

inShambles3749

The tide rises all boats... Simple as that. Oh and since BCH has "Bitcoin" in it's name lots of newbies are confusing it with Bitcoin. Same thing with ETH and ETC. always the same in bullmarkets.

marsh2907

I can see ETH becoming the next ETF to launch, but after that, I highly doubt BCH, ETC, or even LTN are on that list

CointestMod

#Ethereum Classic Con-Arguments Below is a Ethereum Classic con-argument written by etj103007. > **What is Ethereum Classic?** > > Ethereum Classic is the original blockchain of the Ethereum network. After the 2016 DAO hack, users voted to hard fork the chain. The unaltered blockchain came to be known as Ethereum Classic (ETC), while the changed blockchain is now known as the much more popular Ethereum (ETH). > > Due to the users of ETC both using the unaltered blockchain and supporting an immutable blockchain, its users have adopted the slogan “Code is Law”. > > **1. Ethereum Classic will stay on PoW, and no one knows what will happen to it after the Merge.** > > While this is good for miners, when the inevitable Merge finally happens, Ethereum's (ETH) miners would have to find new crypto to mine. And while there are many prospects, (such as RVN, ERGO, and FIRO) Ethereum Classic (ETC) is yet another possible option for them. After the merge, no one knows what might happen when miners switch over to these PoW cryptos. > > According to an article by messari.io, 97% of miner revenue comes from ETH alone. The current ETH network hash rate stands at almost 1 Ph/s, while ETC is 40x smaller, at a meager 23 Th/s. > > Of course, not all miners will choose to go to ETC, but migration of such size has never been seen before in the history of cryptocurrency. And its effects are also unknown. > > Since ETC is PoW, it is also susceptible to 51% attacks, which have happened several times in the past (such as the 3 attacks in Aug 2019). Protections have been put into place, but it still means waiting for long periods to get enough block confirmations for your transactions. > > **2. It has fewer future prospects than Ethereum** > > Even though ETC does support smart contracts, most apps use ETH instead as its ecosystem is definitively bigger than ETC. **ETH is just much more well-known among users as the 2nd biggest crypto**. > > **In conclusion:** > > Even though most know ETC as "**the original Ethereum**", its forked brother is simply more popular, more secure, and has better prospects. ETH will become a network using less energy too. ETH miners today may transition to ETC, **but its future remains cloudy.** > > **TLDR: Questionable future after ETH merge, fewer prospects than ETH.** ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_ethereum_classic) to find submissions for other topics.

baconcheeseburgarian

People want to dispute it but seems to be more about tribalism and justification. The richest users got fucked by the DAO hack and decided immutability wasn’t all that awesome when it came to their money. The fact is ETC is the original chain operating under the original rules. I’m not say it’s superior just stating the facts.

baconcheeseburgarian

Factually, no. ETC has existed for longer than ETH. The developers and market embraced ETH but ETC is the original chain and there is no disputing that.

HSuke

Technically, ETC is the original. It's just that the community decided to use Ethereum.

derika22

This is similar to ETC, people who confuse Ethereum classic with the real Ethereum

nimmi_champ82

Split them=game on BTC = Shib = ETC

Smiling_Jack_

BCH, ETC, and BSV pumping. Now you *know* retail is getting back into the game.

Fleegalicious

ETC will be surpassing AVAX I fear

WhiskeyVault

Most people consider ETC a dead chain

xehlers

I own BTC and ETC - I like both? I buy Both? I'm making money from both? Please help me understand the problem or issue here?

0ne_too

Korea loves ETC for some reason.

Blooberino

No lie, I actually considered making a small entry on ETC for that reason.

Smiling_Jack_

Is this the part when I load up on BTC, BSV, ETC, and DOGE before clueless retail arrives?

Taram_Caldar

Hoping you meant ETH when you typed ETC... ETC is junk, it's pretty much abandoned and only has a few devs, has been subjected to multiple breaches due to lack of enough validators to properly secure the network. I never advise people what coins to invest in. My advice is to look at the top 50-100 coins, skip the stable coins and do some research on each of the remaining ones to find out what they say they plan to do. Then pick a few you're interested in investing in and do more in depth research on them. If you go to my profile I have a guide on how to do research. Rule 1: Never invest if you don't understand what you're investing in. If you're relying on someone telling you what to invest in you're already doing it wrong.

Worldsapart131

Sure. Get some ETC while you’re at it.

bbrout

I think this sell the news thing might not work with BTC. It was supposed to go lower but held. The minor stabilization was more the result of technicals with the ETC. I'd be real careful selling after the halving. It's Bitcoin. Nobody knows what it does.

PepeDeCorozal

For example, ETC. It has all the aspects of bitcoin we love and defend, from PoW mining to its immaculate conception to hsrd cap to halvings. There is room for silver next to gold.

AbstractAcrylicArt

By definition everything that is not BTC is an Alt. I do love ETH and it's techniques, but my question is about trading. I don't intend to bash other assets. Sorry. I just don't trade other assets because that would't fit to my strategy. I am not naive but know that there are indicators and oscillators that might help. I'd like to learn one base on f.e. ratio ETC/BTC but there could be other aspects to look at, too. Technically there are awesome Alts beside ETH, too. I would never question that.

WiseSilverWolf

1. [BTC](https://www.coingecko.com/en/coins/bitcoin) 2. [KAS](https://www.coingecko.com/en/coins/kaspa) 3. [DIMO](https://www.coingecko.com/en/coins/dimo) 4. [GEOD](https://www.coingecko.com/en/coins/geodnet) 5. [SAMO](https://www.coingecko.com/en/coins/samoyedcoin) 6. [SOL](https://www.coingecko.com/en/coins/solana) 7. [ETC](https://www.coingecko.com/en/coins/ethereum-classic)

FastReporter1471

Well doesn't matter what I paid I laid out the stack the dollar value I paid doesn't matter will that stack it half a million. BUT I GOT THE BOTTOMS OF ALL IE 20K BTC. 35 CENT ADA AND 1100 ETH ETC THE BOTTOMS YA KNOW

CointestMod

#Ethereum Classic Con-Arguments Below is a Ethereum Classic con-argument written by etj103007. > **What is Ethereum Classic?** > > Ethereum Classic is the original blockchain of the Ethereum network. After the 2016 DAO hack, users voted to hard fork the chain. The unaltered blockchain came to be known as Ethereum Classic (ETC), while the changed blockchain is now known as the much more popular Ethereum (ETH). > > Due to the users of ETC both using the unaltered blockchain and supporting an immutable blockchain, its users have adopted the slogan “Code is Law”. > > **1. Ethereum Classic will stay on PoW, and no one knows what will happen to it after the Merge.** > > While this is good for miners, when the inevitable Merge finally happens, Ethereum's (ETH) miners would have to find new crypto to mine. And while there are many prospects, (such as RVN, ERGO, and FIRO) Ethereum Classic (ETC) is yet another possible option for them. After the merge, no one knows what might happen when miners switch over to these PoW cryptos. > > According to an article by messari.io, 97% of miner revenue comes from ETH alone. The current ETH network hash rate stands at almost 1 Ph/s, while ETC is 40x smaller, at a meager 23 Th/s. > > Of course, not all miners will choose to go to ETC, but migration of such size has never been seen before in the history of cryptocurrency. And its effects are also unknown. > > Since ETC is PoW, it is also susceptible to 51% attacks, which have happened several times in the past (such as the 3 attacks in Aug 2019). Protections have been put into place, but it still means waiting for long periods to get enough block confirmations for your transactions. > > **2. It has fewer future prospects than Ethereum** > > Even though ETC does support smart contracts, most apps use ETH instead as its ecosystem is definitively bigger than ETC. **ETH is just much more well-known among users as the 2nd biggest crypto**. > > **In conclusion:** > > Even though most know ETC as "**the original Ethereum**", its forked brother is simply more popular, more secure, and has better prospects. ETH will become a network using less energy too. ETH miners today may transition to ETC, **but its future remains cloudy.** > > **TLDR: Questionable future after ETH merge, fewer prospects than ETH.** ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_ethereum_classic) to find submissions for other topics.

CointestMod

#Ethereum Classic Pro-Arguments Below is a Ethereum Classic pro-argument written by etj103007. > **What is Ethereum Classic?** > > Ethereum Classic is the original blockchain of the Ethereum network. After the 2016 DAO hack, users voted to hard fork the chain. The unaltered blockchain came to be known as Ethereum Classic (ETC), while the changed blockchain is now known as the much more popular Ethereum (ETH). > > Due to the users of ETC both using the unaltered blockchain and supporting an immutable blockchain, its users have adopted the slogan “Code is Law”. > > # > > # Pros of Ethereum Classic (ETC) > > **1. It uses PoW** > > With ETC sticking to Proof of Work (PoW) since the beginning, it is no wonder that it has been one of the top coins to mine for many years, most especially for miners with less than 4GB of VRAM. > > To prevent more 51% attacks to happen, its developers have switched its mining algorithm from Ethash to Etchash. This removes the possibility of renting hash power. Its reputation is rock-solid among miners, and it is one contender for migrating ETH miners after the Merge. > > **2. It supports smart contracts and other Dapps** > > Just like its forked brother ETH, ETC supports smart contracts. This allows it to support the same kinds of Dapps as ETH, albeit on a smaller scale and with fewer fees (currently, before the merge at least), > > NFTs are available on ETC as well. For those wanting a secure, PoW platform to build their apps upon, ETC would be the perfect choice for them. > > ​ > > **In conclusion:** > > As the original Ethereum blockchain, users of ETC pride themselves as the “original Ethereum”. Their developers continue to support miners, and keep the network secure with updates. > > With many questions being asked before the inevitable ETH merge, it’s also no wonder why it’s a popular choice for miners, as it can be mined even on older GPUs. Combined with its ability to use smart contracts, it directly competes with its bigger brother ETH in every manner and emerges better in each. > > TLDR: ETC supports miners while doing everything ETH can do. ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_ethereum_classic) to find submissions for other topics.

bobbyv137

It doesn’t matter how many ETC shares one owns; they own zero Bitcoin.

und3adb33f

> My understanding of the intricacies of blockchain Blockchain is actually pretty trivial to understand. Can you explain any real-world use for "dapps" beyond scamming people out of their "crypto"? CryptoKitties is the only one I'm aware of, and that was just a silly game that turned out to be too expensive to play unless you were an early ETC adopter

ElectrifiedThor

If you go for the bigger gold/silver bars the spread goes down significantly. You can find spreads down to 3% on gold just fine. But make sure you’re looking for bullions and not coins. Coins add tons of premium on top of what the actual gold is worth. Lowest spread on silver I’ve seen is 10% though. Then again, if you need exposure to gold, a much simpler way is to buy an ETC or grab the forex pair.

llccnn

It’s not becoming a boring real asset until it has some real world uses, like you say gold has jewellery and industry. Bitcoin has no interactions with the real economy.  And before people say they can buy stuff in it, I mean interactions that actually set a price level.  The price is way too unbounded until then, and most participants are totally price inelastic (‘never selling’ etc.).  The exception might be if goes straight to being financialized (like gold did since ETC) and the volatility can be dampened by actual price sensitive traders. 

MinimalGravitas

ETC (EthereumClassic) was 51% attacked 3 times in one month.

hungryforitalianfood

>The news was Michael Saylor, Exec of Microstrategy being on CNBC talking about the demand being 10x the supply. You didn’t sell the news. This wasn’t news. News is like when the BTC ETC got approved. The key part of sell the news is the ‘buy the rumor’ part. There was no rumor that Michael Saylor is going to make another bullish statement. No one was front running Saylor making a comment about demand for BTC lol.

sigh_duck

XRP, LTC, ETC, XLM, XNO. ​ Lots of the old shit basically. The new and shiny stealing the limelight - and for good reason.

VagabondingHeart

All the coins you listed will likely have stronger growth in 2024/25 than BTC and they are relatively safe compared to lower cap coins. BTC is the safest option of course, but you will likely only get 2-3x return this time around where the other coins you mentioned might still do 5-10x from here (except for ETC, which probably have similar growth to BTC). So if you are happy to turn your $100 into maybe $500-1000 over the next year or two then just buy a selection for the coins you mentioned and then when the market starts to overheat sometime likely in mid-late 2025, cash out and wait for the crash and then buy more coins at a cheaper price and wait for the next bull market.

bomberdual

What is your take on ETC?

caco101

This has happend already with ETC and ETH 2.0 , when they both were POW. Nothing stoped you from staying in the original chain and miners too. but guess where almost everyone moved to...? Go study blockchain some more dense head.