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RE: Before the Bitfinex Hack, Bitcoin was projected to rise - Could ETC be a shelter from losses?

in #bitcoin8 years ago

ETC is a risky proposition that could crash just as quickly as it has risen. With an anonymous group behind it, nobody truely knows their intentions. Also I see businesses reluctant to adopt it due to its ethically questionable origins. I could be wrong though...who knows

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I completely agree, my point is that right now it seems to be the only safe shelter from the BTC crash. I personally plan on converting back to BTC as soon as there is sign of things going back to normal.

I don't consider it safe shelter at all. I feel a dump is coming soon.