Ethereum classic price reddit

It has a market cap rank of 43 with a circulating supply of ,, and max supply of ,, Ethereum Classic is traded on exchanges. Ethereum Classic ETC is a second generation blockchain, a network, a community, and a cryptocurrency. In addition to allowing people to send amounts of value to each other, ETC allows for complex contracts that operate autonomously and cannot be modified or censored. The Ethereum concept was initially described in a white paper by Vitalik Buterin, a Russian-Canadian programmer in late



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WATCH RELATED VIDEO: BIG MONEY BUYING ETC 🚀 $ETC REVERSAL STARTING 📈 ETC TO $40 NEXT #ETCARMY

EthereumClassic USD (ETC-USD)


First, a word of warning: buying cryptocurrencies , like any investment, is a risky business and making money is never guaranteed so you'll need to be prepared to lose what you put in. Cryptocurrencies are highly volatile, so the value of your investments can go down as well as up in the blink of an eye.

Ethereum Classic ETC is a cryptocurrency that came into existence in the summer of , when the Ethereum community essentially split into two. Some experts believe it has the potential to one day overtake Bitcoin as the dominant coin in the market.

Simon Peters, cryptoasset analyst at investment platform eToro, told The Sun: "The Ethereum community essentially split into two, those that said to keep the blockchain as it is, and those that wanted to restore the stolen ETH.

It means Ethereum Classic is the continuation of the original Ethereum blockchain with none of the new updates on its network. Meanwhile, Ethereum received a lot more security features following the hacking incident, Nigel Green, founder of deVere Group, added. The cryptocurrency is going up in value as it "plays catch-up with the wider markets", Mr Green told The Sun.

The cryptocurrency is also benefiting from "momuntal instituational investment" thanks to providing in-demand business solutions, Mr Green said. Ethereum rose earlier this week following a report that the European Investment Bank EIB could launch a digital bond sale on the Ethereum blockchain network. Investors are betting that ether will be of ever greater use in a decentralised future financial system.

Cryptocurrencies such Ethereum have also enjoyed a price surge after exchange platform Coinbase listed on the stock market in the US. Investing is always a risk but investing in cryptocurrency is an even higher risk as they are VERY volatile, so you should be prepared to lose cash.

There is also no guarantee that you can convert cryptoassests back into cash, as it may depend on the demand and supply in the existing market. We explain how to spot them. Cryptocurrency firms aren't regulated in the way that other financial firms are. This means that you won't have any protection if things go wrong. The financial regulator said people need to be aware of the risks, ranging from prices going up and down suddenly, to the lack of protection if something goes wrong.

It comes after a ban on some crypto-related investment products. Meanwhile, an advert for a bitcoin exchange Coinfloor was banned last month for telling savers cryptocurrencies are a safe investment. People considering investing in Bitcoin or shares and stocks have also been warned over "risky" tips being shared on TikTok. Jump directly to the content. Sign in.

All Football. But what is the cryptocurrency and why is the price going up? We explain all you need to know. Consumer protection : Some investments advertising high returns based on cryptoassets may not be subject to regulation beyond anti-money laundering requirements.

Price volatility : Significant price volatility in cryptoassets, combined with the inherent difficulties of valuing cryptoassets reliably, places consumers at a high risk of losses.

Product complexity : The complexity of some products and services relating to cryptoassets can make it hard for consumers to understand the risks. There is no guarantee that cryptoassets can be converted back into cash. Converting a cryptoasset back to cash depends on demand and supply existing in the market. Charges and fees : Consumers should consider the impact of fees and charges on their investment which may be more than those for regulated investment products.

Marketing materials : Firms may overstate the returns of products or understate the risks involved. How to spot crypto scams. Promises of a high or guaranteed return - Does the offer look realistic? Scammers often attract money by making fake promises. Heavy marketing and promotional offers - If they are using marketing tricks to con customers you should beware.

Unamed or non-existent team members - Just like any business you should be easily able to find out who is running it. Check the whitepaper - Every crypto firm should have a white paper. This should explain how it plans to grow and make money. If this doesn't make sense, then it could be because the founders are trying to confuse you.

Do your research - Check reviews online and Reddit threads to see what other people think. Most read in Money.



Ethereum-based community points to scale with Arbitrum on Reddit

SundaeSwap is a native, scalable decentralized exchange and automated liquidity provision protocol. An ownerless marketplace for efficient cryptocurrency transactions. Deconstruct the walled gardens of classic financial institutions. Level up beyond constant product pools and put your capital to work. Attract assets that can empower an ecosystem of financial products.

CoinCarp list Ethereum Classic (ETC) Twitter and Reddit follower trends, so you can have a look how does social media may will impact Ethereum Classic (ETC).

Ethereum Classic ETC: AMA on Reddit

Please bear in mind that you should take this and any other prediction with a grain of salt since predicting anything is a thankless task, let alone predicting the future of a novel, highly volatile financial asset like Ethereum Classic. Or, as some would say, Ethereum is a fork of Ethereum Classic… depending on who you ask and can be a little confusing. Either way, the original Ethereum blockchain is split into two competing versions. It was basically going to be a decentralized venture capital fund which was going to fund all future DAPPS made in the eco-system. The aftermath of the hack split the community: one part wanted to do a hard fork and create a new chain with the separation right before the DAO attack. That gave birth to Ethereum. The ones that were not in agreement with the hard fork and insisted on the immutability of the blockchain stayed in what is now called Ethereum Classic. ETC is a smart contracts platform that has some of the largest network activity of any blockchain, consistently higher than Bitcoin Cash, and neck-and-neck with Litecoin. They have multiple developer teams, all of whom are committed to the long term ETC vision.


Should You Buy Ethereum Classic (ETC) Friday?

ethereum classic price reddit

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Now, Ethereum founder Vitalik Buterin has published his latest take on the matter, as he takes a look at the security of smaller chains. In a Reddit thread, Buterin introduced the concept of shared security by wondering whether an illicit actor could attack a smaller chain by buying up more than half of its tokens, or its staking tokens.

Ethereum Classic Price (ETC)

The Crypto space has been slowly garnering the attention of industrial investors. In order to attract newbies, unique crypto projects are coming out in the market. Ethereum Classic ETC is one such project that thrives to enable developers to build and deploy smart contracts — autonomous. Ethereum Classic is one of the oldest cryptocurrencies that happened to become familiar with the Ethereum hack. Precisely, Ethereum Classic is the older version of Ethereum, which switched to Proof of stake PoS with its smart contracts post a third party hack.


The best cryptocurrency exchanges for trading bitcoin and other assets

Making predictions on cryptocurrency is definitely difficult since the market moves very fast and massively changes in value. While Bitcoin, Ethereum, and Doge are three of the most popular cryptocurrencies as of the moment, there is another cryptocurrency slowly rising to fame. For those that haven't heard, a cryptocurrency called Ethereum Classic, which takes after Ethereum, has just recently peaked. The question is, will it go any further or will it go back down? While there are a lot of emerging cryptocurrencies, Ethereum classic is still relatively new and has little to no data to back it. When doing fundamental analysis on the cryptocurrency, the lack of data makes prediction hard since the only notable movement was the recent massive spike. While the Twitter account notably focuses a lot on Ethereum Classic, it also reportedly focuses on a number of other cryptocurrencies as well.

Ethereum Classic / ETC price. Real-time & historical ETC data, exchange rates, charts, ATH, & market data priced in USD, JPY, KRW, EUR, etc.

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First, a word of warning: buying cryptocurrencies , like any investment, is a risky business and making money is never guaranteed so you'll need to be prepared to lose what you put in. Cryptocurrencies are highly volatile, so the value of your investments can go down as well as up in the blink of an eye. Ethereum Classic ETC is a cryptocurrency that came into existence in the summer of , when the Ethereum community essentially split into two. Some experts believe it has the potential to one day overtake Bitcoin as the dominant coin in the market.


The best crypto is anyone's guess: Bitcoin and 11 more cryptocurrencies you need to know

RELATED VIDEO: Ethereum Classic WILL PUMP 9000% WHY?? - Ethereum Classic Price Prediction - ETC COIN

Ethereum Classic hosts a growing collection of decentralized applications and protocols. This page is an overview of the state of the ETC network development. We expect this list to grow in the coming years as development teams learn about Ethereum Classic's unique properties like: ETC's deflationary monetary policy, the network's commitment to backwards compatibility for mainnet contracts, and a predictable emission schedule for miners. ETCZunks are an exclusive collection of 10, randomly generated characters created on the Ethereum Classic blockchain. Each ETCZunk is unique and can only be owned by one individual. No two pieces of these digital Bored Apes are alike.

While fiat currencies are losing their sheen in the recessionary phase of world economies, cryptocurrencies gain momentum. The onset of cryptocurrencies marked a revolutionary era in the world of finance.

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Reddit has confidentially submitted a draft registration statement with the U. The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group , which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of stock appreciation rights , which vest over a multi-year period. CoinDesk journalists are not allowed to purchase stock outright in DCG. Greg Ahlstrand.

Ethereum Classic

Ethereum Classic is up ,0. It has a circulating supply of ,, ETC coins. The last Doji Star indicator for a trend change was on This indicator could be interpreted for a verso il basso trend change can be interpreted.


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