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You should buy Ethereum Classic. The 80/20 rule applies here

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Thread replies: 175
Thread images: 28

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You should buy Ethereum Classic. The 80/20 rule applies here so it's undervalued by about 75% right now and will rise once the other exchanges list it (there are plans underway now). It's undervalued because everyone's moving their ETC to Poloniex to sell and potential buyers on other exchanges are just waiting for it to be listed. A bit of insider information: Coinbase won't list it because they fucked up and lost most of their ETC since they were sending both ETH and ETC with each transaction. I'm not sure they even realize it yet but a few friends of mine have been transfering ETH back and fourth between Coinbase and Poloniex and already drained like $300K USD from them over the last day or so.
>>
>>1401495
i havnt and wouldnt touch either but thats me
>>
>>1401504
It'll be worth about 20% of what ETH is worth now once it's listed on other exchanges. I wouldn't hold long term either though because it's fundamentally flawed. If you're a whale you can margin trade it for a larger percentage than BTC which is why I started playing with it originally (in my opinion margin trading is the way to go and shorts/longs are just gambles).
>>
ETC is at .0009 now and falling into the abyss.. I would imagine there are bagholders around that bought it at .007

Forever on suicide watch
>>
>>1401626
While I ideologically align with ETC choice, I don't think it will overtake ETH.
* Less developer support = less adoption
* Riding the coattails of ETH for marketing, development and applications
* The majority of nodes and miners already has voted for ETH

It's sad the foundation jewed this hard and I really like this signal sent here, but holding ETC long is bad choice.
>>
>>1401636
held on to my ETC's for a mere 5 hours.. I was even lucky enough to make a small profit from it . I dont like the fork either.. Would have loved ETC to have a fighting chance, but such is not meant to be
>>
>>1401640
Profit wins out in the end over ideology.
>>
>>1401495
What is better about Ethereum classic than normal Ethereum?
>>
>>1401696

You don't feel as gross mining it, aND yoh make more money. The hard fork made me kind of sick, picturing the happy faces of all the DAO idiots who tanked my mining profits.

Eth made it to $21 with everyone accepting the "unstoppable contracts forever" idea, so I think $1 is a good price to buy.
>>
>>1401636
>The majority of nodes and miners already has voted for ETH

False, the 80% majority did not even vote. True, most of them might have chosen the hard fork if forced to vote, but I think a good chunk of the nonvoters knew they would lose by voting "no", and silently let themselves get cucked. The profitability and uncuckedness of etc might motivate them to switch now though.
>>
Those tears on reddit are delicious but these deluded fools will hold on to this disaster till their last penny....
or not really, it's just a matter of time before whales start silently dumping, and then this shitshow can bleed out like LTC and other bagholder memecoins.

Eth is a mess...
>>
>>1401495
> 80/20 rule
Explain how 80/20 rule applies here.
>>
Organized pump and dump - Im sure Dark DAO was in the middle of it. Hilarious how morons will throw there money at fools.
>>
>>1401821
20% of scammers get 80% of the scam money
>>
>>1401821
https://en.wikipedia.org/wiki/Pareto_principle

ETC will float to 20% of ETH's price once everyone's done dumping their "free" ETC and ETC is listed on multiple exchanges.

Whenever you have two identical interacting systems where one can "win" there's an 80/20 split. 20% of people control 80% of the wealth in a free market, 20% of men get 80% of women, etc. This rule applies to all economies, currencies, commodities, and so on and has application in AI research too.

For an example closer to the current situation, 80% of the market cap of ALL crypto currencies is in bitcoin while 20% are in alts.
>>
>>1401920
To elaborate further, the ONLY reason that ETC is at 5% or so of ETH is because there's a massive selloff going on right now. Once that's over price discovery will start and ETC will float up. It might bubble past 20% because of speculators but the final price based on thousands of years of economic data and trends is 20% lol.
>>
Should I mine ETC with my "free" power?
>>
>>1401923
Wow, you sir are a moron.
>>
>>1401923
>based on thousands of years of economic data and trends is 20% lol
>thousands of years
>lol

What a specimen.
You all know what we call Broscience with all the fitness talk of \fit based on absolutely nothing.

This is an example of BizScience at its finest.
>>
>>1401495
thats retarded. when you move to another coinbase it raises prices you fucking lunatic. you just bought this trash and want to sell it. you are dead. no one wants this shit.
>>
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>>1403133
Lmao this. Who the fuck buys into classic now? You'd have to be retarded.
>>
classic is mooning now. next stop 20% of eth, screenshot this
>>
>>1401511
>If you're a whale you can margin trade it for a larger percentage than BTC which is why I started playing with it originally (in my opinion margin trading is the way to go and shorts/longs are just gambles).

I don't want to sound hostile, but clearly, you have no idea what you are talking about. Margin trading for ETC isn't even available yet on polo.

>>1401626
>I would imagine there are bagholders around that bought it at .007

There was a whopping 0.39 BTC worth of volume in the first candle after it opened and most of the volume was probably way below that anyway.
The ones holding from 0.0018-0.0025 are definitely feeling the heat though.
>>
40% gains since i created this thread. youre welcome. target is around 300% more gains based on the current technicals
>>
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post ur twitter OP
>>
Well after a massive dump, it has literally tripled in value within a day.

>>1403785
It better, I'd like it to hit .0024 so I'm back above water
>>
>>1403785
Holy shit, i sold too early.. Sold at 1.45 fug.. i would have been swimming in the profits now
>>
So, almost the same trading volume (24hr) as ETH, half its buy order amount, yet still 1/10th of the price. Good signs.
>>
got in again at 0.0018
>>
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>jumps to 0.0027
>crashes down to 0.0018 in a matter of seconds
>>
>>1403884
did you dump? it reached as high as .0027

exited at .0026 gonna wait for more dips
>>
>>1403928
I'll dump half when it jumps slightly over my entry, then go in again if it crashes again.
>>
>>1403934
it jumped to .0027 well above your entry, but im sure it will consolidate some more.. bought in again at .0019 and hoping to make another 20%
>>
looks like the whales have started to appear.. sell orders increasing.. it was fun while it lasted
>>
>>1403928
yeah I went out at 0.0021 because last night, even before this thread was up I put a sell order at that price.

I wasn't expecting it to jump so fast.
>>
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Im fucking traumatized. I lost 4k and gained it back lol.
>>
Hard to decide whether I should buy some ETC now..
>>
>>1403994
>listen to biz and don't buy etc

>etc goes up 400%

fuck you all
>>
>>1404021
>listening to everything biz says.

lol you come here for second opinions not orders you mong.
>>
its mooning again.. bought at .0019 sold at .0027 again. made $400 today in a span of 2 hours.. life is good
>>
If you have anything on RDS, sell now. A dutch dude is about to go Snowden on them and the US.
>>
gunna wait for the next crash and buy dips again
>>
>>1404035
That fear of missing out is killing me desu gonna buy back at 24
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>>1404038
I dont even have much to invest.. just 2 bitcoins, and Been making $200 everytime it crashes and surges. Its the ultimate gamblers dream!
>>
if it doesnt crash soon, im gonna miss the train forever
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holy shiet guys im sweating now, i want m0ar.. crash baby
>>
>>1404048
kill yourself ponyfag
>>
>>1404028
Royal dutch shell? interesting.
>>
>>1404048
They all crash eventually, all.

There are whales in this that said they would troll the market and mass dump when they want to

>>1404050
hey, don't judge
>>
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>created a thread saying that ETC is the future and ETH is finished
>nobody believed me
stay mad ethcucks
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>>1404054
if this is their way of trolling, im all for it.. made more in 3 hours than a wageslave would earn in a week
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>+326%
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>>1404060
i threw in 20 BTC at .0018 and have 0 regrets. Not selling this shit til .012
>>
I dumped ETC about 2 hours ago

Fuck me
>>
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>>1404062
same my mang, same
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>tfw its too late to buy in
>>
>>1404119
its not too late yet.. it just crashed again.
>>
>>1404119
just bought more @29 gonna sell it at 45 for quick turns senpai
>>
>>1404130
>tfw now its too late
>>
>>1404138
just wait. This shit is a rollercoaster. Keep your eyes stuck on the walls and find the right time to go in
>>
HORY SHET
>>
One of these very large buy walls is going to be yanked away just before being hit, that might be enough to cause the eventual panic-sell.
>>
>>1404153
>>1404148
is there a way to view polo buy orders by btc amount?
>>
>>1404160
yeah its below the sell box
>>
>>1401495
Fuck this shit. I am going to withdraw my ETC after work tonight. I will then not open any Ethereum discussion again for a month. I am going to hold both ETH and ETC long. I don't give a fuck anymore I am fucking sick of this shit
>>
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>>1404171
>>
>>1404028
??

Saus
>>
>>1401495
LOL hold on a second.

So early adopters who haven't cracked open their presale wallets can redeem both on Ethereum and Ethereum Classic? Thats f.... bullshit!! Ethereum Classis is a scam.
>>
>>1404276
cant complain, its free money.. trade it while you can
>>
>>1404276
the gift that keeps on giving
>>
All this "free money" lol. All classic gains are going out of Eth_bailout marketcap you mongs.
>>
>>1404411
it sucks for ETH holders only.. blame it all on God Emperor Vitalik
>>
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Are Ethereum bag holders the biggest cucks in the crypto community?
>>
>>1404276
This is fucking tight. Ethereum should keep on doing hard forks. In essense they are duplicating our money. I think they just found out a way to print free money. Fuck yea we fed now bitches.
>>
>>1404484
Cant wait for the Next "DAO" and triple our money.. Thanks for all your hard work, ETH shills
>>
>>1404484
Fedthereum. We're all gonna make it, bros.
>>
surprised there's not more hype here, this is the ultimate fuck you to Jewtalik
>>
nuETH is finished!
>>
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Before the hard fork...

>ahahahaha have you seen this "memethereum"?
>yea just saw it this morning. these kids and their funny money LOL
>rofl I just pissed myself
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>>1404531
After the hard fork...

>oh fuck did they really do that...?
>shit you know what this means right??
>I think they found out our secret. Fuck
>...
>they fed nao
>>
>>1404531
>>1404538
they fed now because the feds are going to bust their ass for this shit
>>
should I hold or dump ETC.. can't really imagine it going higher
>>
Eth bag holders.. You realize everyone who owns eth before
The fork owns an equal amount of etc since it is valid on both chains?
>>
>>1404484
>>1404531
>>1404538
9/10 post. First time I have laughed out loud on this board. I don't think any of these kids are going to recognize this as satire thoigh.
>>
I love those cheap 5-year old tier reverse psychology idiots in the Polo trollbox

shit like:
"please sell so I can buy low :)"

those gotta be third world kids whose trading volume never exceeds 0.3 BTC lel
>>
>>1404550
hold to $4
>>
>>1404550
dump
>>
>>1404550
hold
>>
>>1404550
dump half, hold half incase of mooning
>>
>>1404574
"Cheap coins!"
>>
>>1404276

thats right baby :D
Im double mooning
>>
If I had ETH in a cold stroage wallet prior to the hardfork, those ETH are now ETH classic?

I read a post from the people at myetherwallet saying I didnt have to do anything.
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>mfw putting up new stop-limit orders every time the price goes up

I love LTC and believe in it long-term, but I had to dump 1100 LTC to jump on this train while it lasts.
>>
>>1404745
>If I had ETH in a cold stroage wallet prior to the hardfork, those ETH are now ETH classic?

yes you now have both.
>>
>>1404771
What do you mean both? I had 10 ETH before the fork. Do I now have 10 ETH and 10 ETC? What do I do to profit off this situation?
>>
>>1404788
yes you have 10 eth and 10 etc.. to profit from it, convert all your ETH to ETC and trade. ETC is going ballistic as of this post
>>
who /rockhard/ here?
>>
>>1404792
Yeah I'm reading comments on reddit and people are saying they sent their ETH to an ETC address on polo and polo credited them with ETH and ETC.
>>
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ethereum was a mistake
>>
BITTREX enabled ETC trading!
KRAKEN to add tomorrow!

WOOOOOOOOOOOOOOOOOOOOOOOOOO

Dump your bailout tokens while you can, methheads!
>>
>>1404801
but do you have to open it with an etc wallet or can you literally just send eth to an etc address with e.g. myetherwallet?
>>
>>1404814
I did the latter but I dont think it worked cause I'm not seeing any open transaction on poloniex
>>
Pretty sure I threw away 5 ETH. I sent ETH from my myetherwallet to the ETC address on polo and the ETH is gone from my wallet but not showing up in my polo account. The transaction has had 34 confirmations.
>>
>>1404818
>>1404827
Yea I guess it could never work since myetherwallet is a thin client on top of the regular ethereum blockchain.
>>
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Clicking storefronts and laughing my ass off
>>
So what's next after ETH/ETC?
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>>1404838
Okay so I just senth regular ETH to the regular ETH deposit on polo with myetherwallet, intending to swap em out for ETC, but now there's also an ETC deposit of the same size pending lol. But I have no idea which offline wallet to use for ETC and I don't really wanna keep em on polo.
>>
>>1404879
you can withdraw them to bittrex
>>
geez oh man

OP is playing you all for fools

coinbase/kraken are not running ethereum classic clients. the only people trading ETC right now are the fools on poloniex who were credited ETH/ETC because poloniex is a bunch of greedy juden that knows how to add a crypto pair faster than you can say pump n dump

if you send ETH from kraken/coinbase, it's only going to credit ETH in poloniex because the transaction isn't going to be heard by the classic nodes
>>
>>1404901
I'm not running a classic client either yet I still got etc on polo. Does that mean myetherwallet also broadcasts on the classic network?
>>
>>1404901
https://twitter.com/krakenfx/status/758011228304257024

you just btfo'd yourself m8, dont post on that id again
>>
>>1404905
it means that they haven't upgraded to the new version I think

so your shit will be run on both networks
>>
>>1404913
that didn't contradict anything that I said

you cannot send ETH from kraken to poloniex and be given ETH and ETC right now

when kraken runs an ethereum classic client, then you will be able to send around ETC
>>
What the fuck is going on, what is ETC? What happened? I have a little bit of ETH on Kraken and have been off 4chan for like a week and haven't followed any ETH news for around 2 weeks.
>>
>>1404921
The Fedthereum decided to double your money bro
>>
>>1404928
This. It's a good thing that cryptos have no central authority that can just do whatever the hell they want. Oh wait...
>>
>>1404934
Hey guys. Guys. Guys. Lets do more hard forks so we can triple and quadruple our money.
>>
Etc is going insane ,rip bailout ETH
>>
>>1404921
ETH had hard fork, so every ETH became and ETH (new fork) + ETC (old chain), then poloniex decided to trade non forked as well, now others are doing it too.

tldr, Your ETH has split into two currencies.
>>
OK OK OK OK OK sloooooow

HARD FORK BLOCKCHAIN
- I burn my DAO token to ETH
- send all my ETH to Polo and get the same amount of ETC

NON-FORK BLOCKCHAIN - ETH CLASSIC
- I burn my DAO Tokens to ETC
- I send all my funds to Polo as ETC

Is this correct?
>>
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ETC still going up ,the hard fork was a mistake
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>>1405149
ETHERKEKS ON SUICIDEWATCH
>>
So etc double peaked @ ~.0041, dump incoming?
>>
I had 24 prefork ETHs on poloniex and 14 prefork on kraken. I sent the 14 to poloniex and put all into ETC today. Did very well. It seems I'm entitled to ETC. How do I get them? How much do I get?

Thanks
>>
RECAP:

Polo playing some 4D chess and Eth foundation exposed as the passive aggressive bailout cucks they are.
Control of Eth might be wrested from the foundations hands at this rate.
A second fork will be needed so we are gonna see eth_bailout and eth_bailout_classic soon.
Eth still a mess.
Smart money is mining ETH classic or got in at ground level.
>>
>>1405214
Why is a second fork needed?
>>
>>1405214
Recap:

The Ethereum Mist Browser is total Bullshit and doesn't recognice my keystore folder when I copy&paste it in the location on my laptop.

It doesn't even use on the same PC when I switched to a newer version of Mist....

Geth on the other hand can see it.
>>
What's the highest price ETC will get due before getting dumped?
>>
>>1405331
People are blabbing on about the Chinese coming into the market, with the likes of Yobit & Bitfinex adding exchanges today. But, if the same merry-go-round happens as it did with Polofinex (duplicate amount of ETC for current ETH holders), many may decide to sell them. More likely to trend upwards for the next couple of days, but the swings are gonna be lethal.
>>
>>1404827
>>1404818
here

It worked. Now the question is: hold or sell? I wish I had sold when it was 300% earlier.
>>
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>>1405214
>Polo playing some 4D chess and Eth foundation exposed as the passive aggressive bailout cucks they are.
I fucking love this summary of events. Thank you very much sir.
>>
How the fuck do I sell ETC for USD or BTC on polo?? I'm used to kraken.
>>
>>1405422
nvm I figured it out.
>>
I currently have 75 Eth coins. How many more should I buy? 500? 1000?
>>
>>1405331
highest ive seen it is around 0043.. prolly safe to dump around those levels.. I usually dump soon after i see a huge green candle sticks. Rinse and repeat
>>
>>1405481
3.5
>>
I dont understand did poloniex just kill ETH by releasing ETC?
>>
>>1405652
prettymuch yes

On a sidenote, did anyone notice, this second surge and selloff is EXACTLY Identical as the first one.
>>
>>1405224
https://m.reddit.com/r/EthereumClassic/comments/4uryga/eth_has_to_hf_again_because_the_existing_hf_didnt/
>>
im retarded as fuck

someone pls explain what this deal with coinbase is?

how were people doubling their ETH?
>>
>>1406082
mirror bug after the hard fork. basically, coinbase is confused and is giving you free ETC for your eth transactions
>>
>>1406090
Wait so if I buy ETH on coinbase I can then sell the equal amount of ETC on poloniex ,sell my ETH back to coinbase and rinse repeat ?
>>
>>1405197

Nobody? Then I'll keep the reward to myself
>>
>>1401626
KEK
>>
just dumped 200k ETC

enjoy your day plebs :^)
>>
Has the bubble popped?
>>
>>1407073
seems so.. and I tought me to stay the fuck away from cryptos..
>>
>>1401711
But "unstoppable contracts" was never a reality. It was a delusion. ETC is no more immutable than ETH. All of the changes to make ETH more immutable in the future will be copied by ETC. There's literally no reason for ETC to exist.
>>
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pic related
>>
>>1407113
For lemmings to read so they pump your shitcoin, I see.
>>
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>>1406889
>>
>>1405196
SHOULD OF TRUSTED MY INSTINCTS REEEE
>>
>>1406889
Since you're not a pleb, why dump now and not few hours ago when it was ~0.003?
>>
I converted all my ETH to Bitcoin until this utterly retarded clusterfuck sorts itself out.

Fucking DAO, I knew something would happen. $150 mil in some new entirely code based blockchain shit yeah no one's going to go snatch it.
>>
>>1407192
dont forget to convert your ETC as well lol
>>
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>>1404174
>>
>>1404482
took a look at reddit/rethtrader and ethereum today. A delicious mix of mad, delusion and sucking off Vitalik personality cult.

I think you might be right. Almost makes me regret buying eth.
>>
>>1407206

I was on Kraken and it took me a while to remember how to sell shit, Kraken is such a terribly designed website. I didn't convert I just sold it.
>>
>>1407113
would've been 10x better with only the "of downtime, censorship, fraud or third party interference" scratched off in the first sentence.
>>
If anyone would like to help a brother out, I lost my eth in an ex'gf related bunny boiler laptop attack.

Since everyone split opinion on ETHC, I'll take any spare off anyones hands.

Wanna get rich and show that bitch she didnt damage me.

She fucking did though :(

ETHC HEX ADDRESS:

0x5cf359f6c5190b8248b09cf8f049b0926dbeb31e
>>
>>1407221
I did my part today, maybe tomorrow :)
>>
lost 300$ because of this shit.. bought ETC at 0.0025 and its probably gonna shit to 0.0000x
>>
time to buy dips 8D
>>
>>1407303
no, don't. you're gonna regret it. forget this fucking shit coin. don't do the same mistake I made.
>>
>>1407305
gonna buy m0ar at bottom prices.. i dont really care if it returns to zero, already made enough. Worth another shot
>>
>>1401511
>margin trading is the way to go
>shorts/longs are just gambles
Thats a spicy retard!
>>
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>>1407088
>There's literally no reason for ETC to exist.
Yeah there is.
>>
Selling pressure has been huge due to the introduction of new exchanges (and thus duplicate ETC being created), meaning many are getting rid of them. If you didn't buy in during the first day, or sell your stack during the massive rise, it's probably too late to do anything worthwhile. Bagholders might just wanna ignore the charts for a while and hope devs continue to jump into classic, wait it out.
>>
>>1407227
I'm banging ur ex right now :^)
Hope she takes BTC
>>
>>1407898

Big Tunisian Cock?
>>
>>1407088
>But "unstoppable contracts" was never a reality

no, it previously wasnt. the emergence of ETC has made it a reality.

a small group refused to fork, expecting to make less profit than mining the forked chain. That small core group of miners valued the principle of unstoppable contracts over financial profit. On a blockchain, you cannot create something more absolute than miner greed.
>>
happening
>>
ETC can't seem to decide if it wants to raise or to keep falling.

https://coinmarketcap.com/currencies/ethereum-classic/
>>
jumped from 0022 to 0031 two minutes ago as of this post. made a few hundred dollars.. kek
>>
>>1401495
>You should buy Ethereum Classic.

Stopped reading there.
Thread posts: 175
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I'm aware that Imgur.com will stop allowing adult images since 15th of May. I'm taking actions to backup as much data as possible.
Read more on this topic here - https://archived.moe/talk/thread/1694/


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