So what is ETC? Where is ETC headed? How long will it take to mass adoption? Until dapps? : EthereumClassic
I don’t care about downvote or so. I am just trying to be honest, objective and share my ideads on Ethereum Classic.
First of all, I invested in ethereum before 90% of the people who are in the cryptospace today, knew of it. I sold at the DAO hack beacuse everyone were saying that ETH would die and so on and it would fork and things like that.
I don’t regret selling. Becaues right away, I bought ETC, and stayed with the immutable chain.
Big players like Barry Sillbert, Chandler Guo and the etc developer teams joined and it got listed on poloniex and all that. I was happy with it. Then I holded on to my bags on to May-June-July 2017 spike, and never sold. I still hold to this date, and will continue to hold.
But WHY does ETC lack so much? It’s behind in the tech, it’s behind in the price, in the adoption, in the ICO’s and so on. Why dont the foundation spend money on marketing? Whats making ETC lag so much? Where are we headed?
Previous ATH is 0.0091 btc or $45. I am happy if ETC hits these prices again, not because I want to sell my bags, but for ETC to be mature. Because in the late 2017 bullrun, every coin jumped, but ETC didnt. Compare the ETC and ETH charts. The days when ETH went up 35% ETC went up like 5%. When ETH dropped 30%, ETC dropped 65%. Now it’s not actual numbers but its an estimate. So take it with a grain of salt.
I understand that things take time, but the things we used to shill on twitter and telegram doesnt work anymore. We can’t say that ETC have a trust fund, we can’t say that ETC is the cheapest coin on CB and when bullrun stats, the newbies will buy the cheapest coin which is ETC. Do you get me? What needs to be done?
I’ve been holding this coin, and missing out on other opportunities, but I don’t regret it. I am not here only for the $. I make my money in other ways. I am here because I belive that real dapps that provides value and a function, can be developed on an immutable blockchain via smart contracts, and therfore, ETC will expand. But it doesnt look like that from what I see now, and this is probably why the price is in the same range and never jump.