I'm sure a few ETC bag holders will not be happy with the title. But if it is any consolation, I did open a long on it! Ethereum Classic, it is an old fork of Ethereum, I don't remember the details, but I'll give you a drunk history version. Some hackers stole a bunch of Ethereum and since ETH is not decentralized they forked a new version of ETH with all the coins restored and all the people that got screwed were made hole again, this reality continued on as the ETH chain and the old chain where all the people were screwed continued on as Ethereum Classic! Some say people still use ETC and support it. It is worth 10$ish and ETH is worth 1900$ish, the market has spoken in my opinion.
Trade active:
I feel like btc has a good chance of moving up quick a couple thousand. My stoploss might be a little to tight! We shall see!
Comment:
Turns out my instincts were right on the stoploss getting hit by btc pumping. My bad, I did try to put a blurb in the comment to let any one following get a heads up. In other news, great entry area fosho right now. I am opening long here.
