Why ETC is gaining value today while every other coin is in RED?

in #bitcoin8 years ago

Well i personally think this has to do with the news today of Cryptocurrency exchange BTCC DAX launching with Ethereum Classic.

BTCC, the company behind the longest-running Bitcoin exchange, has launched its first pure cryptocurrency exchange, BTCC DAX, and has introduced Bitcoin/Ethereum Classic as the first trading pair.

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Ethereum Classic (ETC) is the blockchain and token which has endured since the Ethereum community took the decision to hardfork following the DAO debacle. Its existence could be said to serve as Bitcoin's reminder of the danger of hard forks - but in today's rapidly expanding tokenised world, the advancement of ETC is hardly surprising.

The introduction of Ethereum Classic comes after BTCC's chief executive officer Bobby Lee created a stir on Twitter in May by asking the cryptocurrency community to vote on which digital currency BTCC should list next. Ethereum classic won the two-week vote.

"We're proud to launch BTC/ETC as our first trading pair on BTCC DAX," Lee said. "We received an overwhelming response to our poll — more than 190,000 Twitter users voted in it; we congratulate the ETC community for mobilizing to have ETC listed on BTCC."

Article Source: http://www.ibtimes.co.uk/
Image source: https://medium.com/@millsmgb

More to come @digdaga

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Honestly >>> Very good

Thank you @mahmoudh

Thanks for sharing

Welcome @veleje

As a dev I see ETC eco system will pair with ETH within two years. The principles of ETC is what coders love to build upon. Look forward to do my ICO on ETC this winter.

ETC is one the coins i have been holding since 3 USD, and i can't really complain about it from profit point of view nor the development or potential it can reach. i am also hoping to see more ICO's come out in ETC platform!

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