Ethereum Classic Collapse Due to DAO White Hat ETC Sell Off

in #ethereum8 years ago

A natural thing for the 7'630'479 White Hat ETH (now ETC) sucked out of The DAO will be a dump sale on Poloniex and Kraken vs. ETH, hopefully with subsequent ETH refund to the ETH addresses from which  ETH was originally contributed to The DAO.

The consequences of that will be that the ETC price will go to zero and Ethereum Classic will collapse.


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Is this some kind of trolling? I doubt ETC will go much lower than the current level.

Well, check on the links and facts!

I checked. Those are more opinions than facts. The fact is ETC is traded at 0.0031.