Ethereum Vs Ethereum-Classic is producing an endless amount of news and more questions right now.Does ETH need to fork again?What's going on with this replay attack?Putting aside the technical blockchain considerations as well as the philosophical one's, today we take a day trader's perspective to see what the markets are telling us.The technical setups posted below use simple trend detection, support and resistance, channels, pattern and candle analysis.We aim for high-probability trade setups on ETHBTC and ETCBTC and use very few indicators.Following charts use Poloniex (bulk of ETC liquidity located there) for maximum accuracy.The timeframe for trades is 1 to 7 days.Ethereum is best traded as a purely speculative commodity on 4h+ timeframes.This section is an overview of news headlines or events that may affect ETC or ETH.Since the recent DAO attack and Hardfork “bailout”, market sentiment has been bearish.The price action shows bearish signals as well, I believe that ETH has entered a bear market since the DAO attack.

I have highlighted a zone which we feel offers good risk/reward entry zone.There is a potential bear pennant flag forming.The DAO attack selloff printed a recent low of 0.012.With investor confidence at all time lows after the hard fork “bailout”, we should see the ETH price follow soon.If the ETH where to sell off again, we should see a new low of 0.01 BTC.ETH price is currently at 0.0193.ETC looks to be holding the 23% Fibonacci level very well, the price has seemed to leveled out since the Poloniex launch.Its also worth noting that ETC had a huge 140,000BTC volume day, this is the most volume that Ethereum has ever seen (ETH’s largest volume day was 100,000 BTC).With limited price data, ETC has yet to establish solid support and resistance levels.By using the Fibonacci tool and the established high and low range (0.01 - 0.0001)  we can estimate where the support and resistance levels may be.With the market sentiment being positive on ETC, and the recent record breaking volume day, I believe that ETC will soon test the previous highs of 0.01.

ETC price is currently at 0.0025.Based on market sentiment and price activity, I believe ETH will see some more downside and ETC will see another rally.Ultimately I believe ETH and ETC will reach price parity at 0.01BTC.Please note any trade in both Ethereum chains is risky at the present time due to recent developments.Disclaimer: The information presented in this article is general information only.777 bitcoin hackInformation provided on, and available from, this website does not constitute any investment recommendation.bitcoin poker deutschUpdate: Changed error stating Stampery 'dropped ETC'.cay bitcoinChanged to state 'dropped ETH' and added link.ethereum atm near me

This guide was created with the purpose of answering any question user may have regarding Ethereum Classic (ETC) .In order to understand why and how ETC has come into existence, it's important to understand the events that lead to its creation: The DAO hack and the hard-fork.If you haven't followed these events, click here to read a brief summary.bitcoin scandal japanEthereum Classic is not a new cryptocurrency, but instead a split from an existing cryptocurrency, Ethereum.bitcoin kdeBoth blockchains are identical in every way up until block 1920000 where the hard-fork to refund The DAO token holders was implemented, meaning that all the balances, wallets, and transactions that happened on Ethereum until the hard-fork are still valid on the Ethereum Classic Blockchain.ethereum full node

After the hard-fork, the blockchains were split in two and act individually.Ethereum Classic still offers the same features as Ethereum, such as the creation and deployment of smart contract and Decentralized applications, and has all the same specifications, such as average block time, size and reward.The Hard-fork has been a controversial subject, that has split literally split the Ethereum community in two.ethereum os xBoth sides have made some valid points regarding their position on the hard-fork debate.bitcoin mobiUsers that did not support the hard fork point out that Users that supported the hard fork argued the The Ethereum Classic was, in this sense, created as a way to allow smart contracts to run exactly as they are programmed to, without the interference of a third party.The ETC community argues that the DAO smart contract did what it was programmed to do and that no action should be taken to censor the contract.

When the hard-fork was implemented, users that did not agree with it decided not to upgrade their software and to continue mining on the blockchain that did not have this implementation.Since the hard-fork creates an incompatibility between the new and previous versions, the users that decided to remain on the "original" blockchain, have diverged into their own blockchain that is identical to Ethereum's in every way until block 1920000.A lot of effort was put into taking the concept forward: The creation of a "double blockchain" is a problematic situation that Bitcoin has been trying to prevent for a long time.Not only it creates confusion amongst investors and casual users, but it also opens possibilities for replay attacks on both blockchains.If a user signs and broadcasts a signed transaction in one of the blockchain, that transaction can be replayed on the other chain without the consent of the private key holder, since the cryptographic signature for said transaction his already public on the other blockchain.