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2917273 No.2917273 [Reply] [Original]

Let’s briefly look at that precedent. After TheDAO and the contested hard fork, Ethereum Classic launched at at price of $0.75 before settling at $2.85 within the first 72 hours of trading. Ethereum itself experienced volatility, trading at around $15 immediately prior to the fork, before crashing after the ETC launch to a low of $7 before ultimately settling in the $11–12 range for the next two months. In the short term, the ETH+ETC value was roughly equivalent to ETH before the fork, in the medium term it actually dipped below that initial figure, and then ultimately, of course, both networks experienced colossal growth. Therefore, ethereum behaved as one might expect according to network theory, as the fork was a value-destroyer in the medium term.

>> No.2917282

>>2917273
The main difference is that the fork happened in a matter of days/weeks. Bitcoin has been held back by this dilemma for YEARS.

>> No.2917331

And the other difference is that Bitcoin is used as ballast for all currencies, even the Ethereum, although some people question it.
Then this division of the Ethereum does not make as much difference as of the Bitcoin because the division of the Ethereum attracts bitcoin capital and even of other currencies.

>> No.2917795
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2917795

>>2917273
>
ITS GOIN DOWN