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It makes sense volume would be high on ETC, the market is trying to resolve its price. The price of ETH is basically what it was before. It also makes sense th
by erikpukinskis 10y ago
It makes sense volume would be high on ETC, the market is trying to resolve its price. The price of ETH is basically what it was before.
It also makes sense that it would be making big gains. It just crashed basically to zero, there's nowhere to go but up.
Neither of these metrics suggest long term viability to me. Although I am surprised it's trading as well as it is. 10% of ETH is pretty good!
- mrschwabe 10y ago"Nowhere to go but up" is perfectly logical reasoning, but may be an over simplification; as it implies speculation only. There may be another factor involved here; perhaps the 'hive mind' (market) is arriving to a realization...