Ethereum Classy

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Jeff is pumping EOS so I just wanted to highlight my favorite little crypto and why I like to trade it and what it can do right now.

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Although I think the story goes that the fork happened for other reasons we now have two coins called ethereum and ethereum classic whereby one coin, ethereum will be converted to proof-of-stake in Q4 2017 or sometime in 2018 at the latest. The implementation is being rolled out on testnet so it should be successful, however after implementation, traditional proof-of-work mining will be phased out entirely for a proof-of-stake system.

Ethereum classic on the other hand will remain proof-of-work and will continue to be mined by hashpower. This now is the main difference between the two coins. The other main difference is that ethereum is generally used for ICO investments whereas ETC might not be accepted at all. This is actually a good thing for ETC as a currency and it separates the two as a trading pair. Ethereum spikes when people buy into it to purchase ICO coins and falls during ICO cashouts. Because ETC is less accepted during ICOs, it is actually more price stable to trade in my opinion. I never actually expected ETC's price to fall below 20 usd and it only plunged due to the July 18th bitcoin crash and still has not fully recovered. I see ETC hitting 20 by the end of the year with little chance of it falling below 12 usd.

This is not investment advice and I'm not advising you what to do. I recommend it mostly because I prefer ETC as a currency and it is my preferred way to accept payments for services. You should always diversify your wealth and understand the risks of trading before trading.

This is just a demonstration of how easy it is to post this:

You can tip me ETC here:
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Ethereum Classy | Ecency