For those who are interested in Ethereum Classic, but do not know what to do...
Why is this happening?
Is this a revolution?
And whether, it is necessary to enter this market?
Briefly, If you are not a trader, then do not do it..
I will try to explain it as simple, as possible.
Hype, this is whats happening on Ethereum classic..
There are almost no developers, that are behind Ethereum classic.
Hm...Then why is there so much attention to it? Ethereum coins! A huge number of ethers, were received by the whales. Millions of free ETC.
And here comes the interesting part, how to make money out of thin air?
Right, you have to pump the fork, and wait for believers and newbies, to buy your free coins.
Imagine if you had 100000 ethereum, and now you have 100000 more...
You can pump the fork, and make thousands of bitcoins, out of nowhere.
This is what is happening now.
So dont fall for it, and dont buy ETC.
As opposed to ETH which has developers that created the bug in the first place, then forked the chain to save their asses and investment in the DAO.
Yeah, one of these coins is based on bullshit.
But nevertheless.
If you choose ETC, both of the coins will die, in a few few months... or so.
I disagree. As long as there's miners, the chain will be viable.
It might not surpass ETH but there's plenty of competition in the BC space, it might consolidate itself as a smaller coin.