Ethereum Classic (ETC) Hard Fork on 5th March, or how to get free Callisto.
Detailed overview of all events and ETC prospects for 2018.
Hey, everyone! Some time ago I already made comments on ETC and its increasing value. Oh, yeah! It really happened the way I’d predicted. You can read my previous review here. It worked 100%! But time never stands still, and at present, there’s a whole bunch of new ETC events which will enable it to scale new heights.
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Coin statistics on December 28, 2017
By tradition, I’m taking a screenshot of the current price for comparison following the events.
Ethereum Classic (ETC) projections for 2018.
You all might have noticed that ETH network is suffering from an extreme congestion. Commission fees and transaction time are increasing, which leads to dissatisfaction and causes many miners to switch to the mining of Ethereum Classic Fork offspring. If this goes on, a great amount of funds will be transferred to ETC. But even if it does not happen, 2018, to my mind, will turn out to be exceptionally positive for Classic.
And now, let’s examine the reasons, why the coin value might increase, and carry out a full analysis.
Concurrent factors indicating that the coin starts to attract more users:
Google trend (this is a google chart demonstrating the number of queries)
As follows from the chart, the demand for the coin has been growing lately.
Another point is mining profitability. It is currently increasing as well, which is going to draw new miners.
Everything is perfectly reasonable: a rise in the coin value leads to an increase in income!
Calendar of Ethereum Classic Events in 2018
- January 29, 2018 – Messaging system based on ETC;
- March 05, 2018 – Hard Fork of ETC Callisto Sidechain, coins will be available on a 1:1 basis;
- March 31, 2018 – First public release of Emerald Desktop Wallet;
- April 30, 2018 – Beta version of mobile wallet;
- May 31, 2018 – Working prototype of Sidechain & Enable;
- November 30, 2018 – Fully IOT-compatibility.
- The given list will be updated on an on-going basis.
A good deal of cheering news will provide the impetus for the coin growth. I think that ETC will definitely increase. I expect the price to be around $100 by the end of spring.
Good luck with all your cryptocurrency trading! Invest only the money that you can spare and make sure to leave your comments.