Sunday, 24 July 2016

#ETHEREUM YOU NEED TO KNOW *NOW* #ETHEREUMCLASSIC (UPDATE2)

And so, after a lot of digging around this morning, I finally found the NON-BULLSHIT way of finding out what's going on with the ETHEREUM -v- ETHEREUM CLASSIC match

http://ethc.epool.io/#/

If the number of miners starts to INCREASE exponentially ...




Ethereum classic, MIGHT be worth a punt with MONEY YOU CAN LOSE.

As at right now:


ETHEREUM EXCHANGEETH/BTC
Last Price
0.02020000
24hr Change
-8.53%

and for the CLASSIC variety (no hard fork)





ETHEREUM CLASSIC EXCHANGEETC/BTC
Last Price
0.00137601
24hr Change
-86.17%

And IF (and it's a HUGE if ... ) the MINER HASHRATE keeps RISING ( = more MINERS deciding to go with the NON-HARDFORK version of the software ... The PRICE of ETHEREUM CLASSIC should rise with it ... and quite possibly, the ETHEREUM (new version) price start FALLING HARD.





Note, when I looked AS I STARTED WRITING this QUICK post total MINERS online = 508

At the END of writing this post:

Miners Online: 520

Up 12 in MINUTES ....

UPDATE 1

Found the ETH stats to compare against =

https://etherscan.io/charts/hashrate

Total GH = 4449 GH

If the latter FALLS and the FORMER KEEPS RISING ...






In THEORY, the ETHER CLASSIC price should RISE (and ETH fall) ...

At at writing this (13.46) ... the number of miners & hashrate for ETHEREUM CLASSIC is RISIING

Miners Online: 547

Pool Hash Rate: 172.29 GH

With so much at stake (almost one BILLION USD) ... 




UPDATE 2

Just seen:

https://www.reddit.com/r/EthereumClassic/comments/4ucrzs/warning_the_owner_of_ethereumclassiccom_domain_is/

No idea of the truth or falsity; one of the BIG reasons, I'm staying OUT of both ...

As I just pointed out on Twitter:

Invest Altcoins ‏@InvestAltcoins  11m11 minutes ago

TROLLBOX

as soon as people realize that ETC has no security.....it might get ugly

(true; no UNDERLYING FIX for the BETA code)






Invest Altcoins ‏@InvestAltcoins  11m11 minutes ago

Doesn't matter HOW good your IDEA is OR

How good your CODE

If it's ALL running ON TOP of #beta software :)

As I understand it, this is EXACTLY the situation of BOTH

#ETH & #ETC

SOLIDITY = beta software UNDERPINNING BOTH



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