koryu

Picking up some ETC

Long
koryu Updated   
POLONIEX:ETCBTC   Ethereum Classic / Bitcoin
Expecting the blue line to be tested. On breakout it should fly

Building first position.

Ethereum will have a transition to proof of stake, so the eth hashrate will be free and pointed to etc (and zec) making them more secure.
Trade active:
added to position, seems ready
Comment:
should break out soonTM
Comment:
prepare for some price action :)
Comment:
There will be an airdrop on etc in early march, another incentive to hodl forum.ethereumclassi...ate-commonwealth/404
Comment:
after reading the Callisto whitepaper I dont think the airdrop is a big thing, they only airdrop 1.5% of the total Callisto supply to ethereum classic holders.

In the news you read that you get 1CLO for 1ETC, this is true but they didnt tell us that the total supply of CLO will be 6.5b CLO while ETC currently has only 0.1b ETC
so 0.1b of 6.5b CLO is airdropped.

nevertheless etc is moving up.
Comment:
golden cross for etcbtc on the daily chart

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