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Does Ethereum Classic Have Any Use Cases? by hatito

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hive-167922 · @hatito ·
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Does Ethereum Classic Have Any Use Cases?
http://coinlive.me/wp-content/uploads/2021/07/Ethereum-Classic-ETC-suddenly-doubled-in-just-1-week-determined.jpg

[image source](http://coinlive.me/wp-content/uploads/2021/07/Ethereum-Classic-ETC-suddenly-doubled-in-just-1-week-determined.jpg)

I had mined ETC back when ETH first forked. I had a good bag but sold it all back when it had hit around $40 in 2018ish. 

It is a curious experiment now. Essentially not really development or any reason to hold it other than PoW mining, but even then its hash is significantly more than the projects outlook would support.

Thing is, I have seen more than once that increasing mining increases the price and volume. This is counter intuitive because most think heavy mining selling crashes the price

It could end up being a self fulfilling prophecy. If there is a huge amount of miners, and tons of volume from them selling and transacting in it, the increase in value could fund development. 

I wonder, though, is there anything happening in that project? Last I checked there was no real development and IOHK had backed off it. Are you aware of future development plans?
šŸ‘  , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , and 189 others
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