ETC Price Skyrockets and You Wont Guess What Is Behind It
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ETC or Ethereum classic has been skyrocketing in price lately. You might not guess what is behind the recent rush in price (well honestly you will it is always the same thing lol)
ETC is due for a hard fork and that hard fork looks to be happening about Sept. 13th of this year at block 8,772,000. The funny part about this hard fork is it actually will make ETC compatible with Ethereum. You know that very reason why ETC forked in the first place to keep what others felt was the true ethereum blockchain.
This very well is most likely the single reason ETC has been bumping up in price. I would suspect ETC wont be a clean hard fork as I am sure there are still a number that rather leave it as is then make it compatible again with Ethereums blockchain itself.
It honestly makes you wonder why even have a ETC coin and instead that market cap just dumps into Ethereum itself.
ETC also seems to be expanding into Asia more as one of the coins listed on major exchanges and gaining some traction.
You would be surprised at how few coins are actually traded truly worldwide besides bitcoin.
What you thought about it?
Posted using Partiko Android
A pump before the hard fork hoping to have two coins and not much else other then that.
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We will have less survivors ultimately which will make more failures go towards those that remain!
Posted using Partiko iOS