Ethereum Classic as an Investment by crypto-investor

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cryptocurrency · @crypto-investor · (edited)
$4.62
Ethereum Classic as an Investment
Hello Steemit!  In this video I cover my viewpoints on Ethereum Classic.  It has very good prospects for a top 10 coin.

https://www.youtube.com/watch?v=cY9lk40fVUM

PROS:
-  Upcoming software releases, they wanted BETA code released in June
-  Fall 2017, they expect to have softare running on their new roadmap
- Hybrid PoS & PoW model, instead of pure PoW… better for miners!
- Mining is like free marketing for coins, ETH is dropping mining completely, but ETC is keeping it!
- ETC advantage… "contract is law", rather than something we hard fork to change
- I have not tested this, but it's probably much cheaper to launch a smart contract on ETC than ETH
- Solid development team that is proving themselves by diving head first into the core code

--------
CONS:
- Less digital asset tokens than Ethereum
- Ethereum (ETH) has more active users
----------

Genesis Mining: https://www.genesis-mining.com/a/715619
Discount Code: 6EFDl3

Thanks for watching!
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vote details (27)
@eludelalune ·
$0.07
Hmm, I feel this!
👍  
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vote details (1)
@emeraldhorse · (edited)
$0.07
So why not go for Ethereum instead of ETC?

> Upcoming software releases, they wanted BETA code released in June

  So does Ethereum IIRC, and their developers aren't known fraudsters

> Fall 2017, they expect to have softare running on their new roadmap

Ethereum already does.


> Hybrid PoS & PoW model, instead of pure PoW… better for miners!

So does Ethereum!


> Mining is like free marketing for coins, ETH is dropping mining completely, but ETC is keeping it!

So is it PoW+PoS hybrid or PoW only? You're contradicting yourself.


> ETC advantage… "contract is law", rather than something we hard fork to change

There was miner's consensus.


> I have not tested this, but it's probably much cheaper to launch a smart contract on ETC than ETH

All that is moot because nobody will use ETC over ETH.

> Solid development team that is proving themselves by diving head first into the core code

Ethereum has the brightest minds such as Vitalik working on it. What does ETC bring to the table?
👍  
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vote details (1)
@chrishronic ·
$0.07
Honest question, please make me understand why I should in invest in ETC other than ETH without using hedging as an argument. I'm truly interested! Best, C.
👍  
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@crypto-investor · (edited)
Anyway, I think the false idea here is a person must own ETC or ETH, like you pointed out, ETC could be used like a hedge.  I personally believe ETC has the greater upside potential.  I also prefer ETC development path, and that they're more open to implementing the latest ideas into their platform.  Older projects like ETH get into a groove that prevents innovation during this period when innovation is what is going to set people ahead in the long-term.  As an example, the guy running the ETC devs was talking about a treasury management system like Dash uses.  Those systems are the future, but I don't see ETH discussing it.  Long-term, projects without a budgeting system probably wont exist, or wont be able to compete with the projects that do have the budgeting systems in place.

PS - I do own both, ETH and ETC.
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vote details (1)
@onefas1984z28 ·
$0.07
Thanks for the info bro.How much did you make mining it?
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vote details (1)
@unlockrs ·
$0.07
Do you think the recent price surge in BTC is related moreso to the fact that you have to own BTC to move in and out of other alt coins? Seems to me thats why BTC continues to rise.
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