Is Ethereum Classic causing the price of Steem to dip?

View this thread on: d.buzz | hive.blog | peakd.com | ecency.com
·@stealthtrader·
0.000 HBD
Is Ethereum Classic causing the price of Steem to dip?
<html>
<p><img src="http://fintechist.com/wp-content/uploads/2016/07/Ethereum-Classic.png" width="1000" height="562"/></p>
<p><br></p>
<h1>Is Ethereum Classic causing the price of Steem to dip?</h1>
<p>Now obviously $3+ is still a lot higher than .23 cents like it was just a week or so ago, but with all of the new people coming to Steemit the price should stabalize a lot higher than $3.. even $5!</p>
<p>So I went on&nbsp;Poloniex and noticed today that Ethereum Classic was added..&nbsp;</p>
<p><br></p>
<h1>What is Ethereum Classic?</h1>
<p>Ethereum Classic is basically the original code of Ethereum..</p>
<p>https://www.steemimg.com/images/2016/07/20/OJJrFnWCzMRqGISENuN2vgryWPN4kFobVC5JrQon_ethereumd943e.png</p>
<p><br></p>
<p>And if you haven't been living under a rock in the crypto world you are probably aware of the DAO $50 million hack on Ethereum..</p>
<p>https://blog.vdice.io/wp-content/uploads/2016/06/DAO-1.png</p>
<p>But after a long debate about hardforking Etherem decided to change the orginal Ethereum code and get back the stolen funds..</p>
<h1>Is this a bad thing for Ethereum..</h1>
<p>I don't think this is necessarily a bad thing for either one, because even though it took Ethereum A LOT longer than Steemit to get back stolen funds (Even if it is a lot more).. It is still something that probably needed to be done if ETH was going to compete with Bitcoin!</p>
<p>But the original code of Ethereum "Internet 3.0" or the "World Computer" will still have huge value in the future of the crypto world, because a lot of people believed in the original code, and wanted to see how THAT type of blockchain would effect the future of Smart Contracts and DAPPS..&nbsp;</p>
<p><br></p>
<p>So for now I think both are great platforms, and I'm excited to see what happens with both!</p>
<p><br></p>
<p>As always let me know what you think, and feel free to leave your own links in the comments below :D</p>
<p><br></p>
</html>
👍 , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,