Ethereum Classic Price Prediction February 2019: ETC Could Sell Above $100?

Image result for ethereum classic

ETC is on the way to triple digits so if you’re considering selling off; it may be a bad idea. Ethereum Classic has shown to be rather strong crypto over the months. The price spike in the track of the Coinbase listing announcement provided to reassuring the Ethereum Classic community that the crypto is a worthy contender. As Coinbase stated that it would be listing Ethereum Classic (ETC), there was an unprecedented positive attitude in the value and volume of ETC. Ethereum Classic is the original and original Ethereum token, based on the smart contracts system, which enables the developers to operate the application efficiently, with enhanced security.

What Is Ethereum Classic?

Right after the decentralised exchange secret organisation was asked, Ethereum was forked to give growth to Ethereum Classic. Ethereum Classic is a blockchain-based open-source computing program, having smart contract functionality, which was published in 2015. Ethereum Classic came into a living when some of the members of the ETH society didn’t approve the hard fork on the grounds of immutability. On October 2016 ETC experienced a technical hard fork to adjust the internal price operating on Ethereum Virtual Machine (EVM).In July 2016, more particularly at block 1,920,000 the hard fork was being administered, where the chains were divided into two, and since then they have been acting independently. Ethereum Classic became a parallel blockchain, where in contrast to Ethereum the stolen funds were never returned to their masters.

Ethereum Classic Price Analysis

Due to the recent fluctuations in the market, investors are demanding for ETC price analysis. ETC can present you with almost fivefold return in 5 years. This is good enough for any crypto investor. Moreover, since the volatility is similarly on the lower side, it will become more comfortable for you to bring some balance in your portfolio with the help of this crypto. Also, since it is the well-known cryptocurrency, you can be assured that there will be no more forks to this crypto. This will also indicate that the advantage of the cryptocurrency is retained as well. When the price of the cryptocurrency is employed, it will indeed become more comfortable for you to earn from the price growth as well. It is the original Ethereum cryptocurrency which guarantees that it can be considered as blue-chip crypto as well. This presents you with added security in your portfolio. In most of the situations, when the blue-chip cryptocurrencies can give you with this kind of return, there is no need to look into the miniature cryptocurrencies.

Why Google Data Scientists Are Interested in Ethereum Classic

Google’s big-data analytics program, BigQuery, just quietly added assistance for Ethereum Classic blockchain searches along with a field of other cryptosystems. This exercise will make it simpler for technologists to search the blockchain for particular pieces of data. This movement is just one out of many the ETC community is pushing forward this winter to try to expand the niche cryptocurrency’s role on the broader marketplace, where it currently ranks through the CoinDesk Crypto-Economics Explorer as having less than 1 per cent of the network activity displayed by bitcoin and just over 3 per cent of the equivalent developer benchmarks on GitHub.

ETC Price Prediction 2019

In the first part, Ethereum Classic is operating on developing embedded SVM, which would be providing EVM and SpitnikVM for integrated apps. BY the second quarter of the third quarter, there are plans of upgrading ETC JIT compiler, which will assist in translating of byte code to the native code and will decrease the time of program implementation by 3 to 4X. Even ETC developers have ideas of EVM backend purpose for LLVM, which will benefit the developers get the chance to expose EVM interest to the LLVM community. It seems like ETC has got real designs for the whole year, and it is anticipated to reach $34.252 by the end of 2019.

ETC Price Prediction For 5 Years

In 5 years time span, Ethereum Classic may reach newer heights and discoveries. It might be recognised as one of the top 10 cryptos in the world, and might give fierce competition to the leading cryptocurrencies. Ethereum Classic would earn higher in adoption all across the globe and even in partnerships around the world. By the conclusion of 2023, ETC may reach $114.842.

Final Thoughts

If you’re in search to invest in Ethereum classic, it is essential to look into these few factors and after that take an investment call. Currently, the price appears to be rolling around affirmative levels, and you can think about investment at the current prices. If you’re willing to hold for an extended period of time, you will be able to get good returns from these levels.

Disclaimer: This feature should not be exercised as, and is not designed to provide, investment advice. Coinpriceprediction and its affiliates, employees, and writers give information about the coin with careful analysis. Please conduct your thorough study before funding in any crypto.

Ethereum Classic Price Prediction: ETC Can Return Almost Fivefold Return!

Image result for ethereum classic

Ethereum classic is the first Ethereum crypto. The ETH blockchain is based on the smart contracts system. It also enables the developers to operate various applications as well. With the guidance of decentralized blockchain, the developers will be ready to run the application with enhanced security efficiently. Moreover, smart contracts can be executed easily on the blockchain. While the applications of Ethereum may be plenty but most of the crypto enthusiasts are just interested in understanding the price predictions of Ethereum Classic.

What is Ethereum Classic?

ETC is an open-sourced Blockchain-based program that allows smart-contracts and has a Turing-complete programming language. ETC came to existence after Ethereum hard fork that took place in 2016 following The DAO collapse. The Ethereum Classic is the original Ethereum Blockchain supported by the people who believed in the core principles of Ethereum like the immutability of Blockchain and “code is law.” They rejected the requirement of a hard fork to fix the wound after someone exploited The DAO vulnerabilities.

Ethereum Classic Price Analysis

Ethereum Classic can present you with an almost fivefold return in 5 years. This is good enough for any crypto investor. Moreover, since the volatility is relatively on the lower side, it will become more comfortable for you to bring some stability to your portfolio with the guidance of this crypto.
Also, since it is public crypto, you can be assured that there will be no more forks to this crypto. This will also mean that the price of the cryptocurrency is retained as well. When the value of the cryptocurrency is employed, it will indeed become more comfortable for you to gain from the value rise as well.

How High Can The Price Of Ethereum Classic Go?

Over the past few months, ETC has gotten improved popularity as more people are starting to learn about the hard fork of Ethereum. The program has gained the trust of investors particularly now that Ethereum is having a stormy time. Ethereum Classic does everything Ethereum does but it does it a little better, and its native tokens are reasonable. It’s true that the value of Ethereum Classic has been on a downtrend for a while now, but it’s necessary to note that it isn’t the only coin bearing a price collapse. But the currency has managed to survive this trend and now is in a better position on the market. If the market stays in favor of ETC, the value of ETC can go high up to $5.70.

Ethereum Classic Will Sell Well Above $100

ETC is on the way to triple digits so if you’re thinking of selling off, don’t. Ethereum Classic has shown to be a rather strong crypto over the months. The price spike in the wake of the Coinbase listing announcement provided to encouraging the Ethereum Classic community that the cryptocurrency is a worthy contender. As Coinbase declared that it would be listing Ethereum Classic (ETC), there was an unusual positive sentiment in the value and volume of ETC. Ethereum Classic one of the few cryptos that were bullish on the weekly chart. Before now, Coinbase didn’t declare the listing of a coin until one day ahead. This time, it stated that it would be filing Ethereum Classic (ETC) months before the date. This is a game changer that gave investors the chance to purchase and hold ahead before the values skyrocket due to the Coinbase influence.

Will Ethereum Classic Be a Good Investment in 2019?

Going into 2019, ETC has been going strong. Currently, it is selling at $3.69. In the long term, we consider that it will serve as a good enough investment. The point that it is much less volatile than the other cryptos on the market also makes it more possible to see substantial gains in the year 2019.
Additionally, Coinbase’s decision to list the currency on its platform also had a positive impact on the crypto’s standing in the market. We are not making any bold claims here, but we are also encouraged to hold on to your ETH tokens for a little longer.

Final Thoughts

If you’re in search to invest in Ethereum classic, it is essential to look into these few factors and after that take an investment call. Currently, the price appears to be rolling around affirmative levels, and you can think about investment at the current prices. If you’re willing to hold for an extended period of time, you will be able to get good returns from these levels.

Disclaimer: This feature should not be exercised as, and is not designed to provide, investment advice. Coinpriceprediction and its affiliates, employees, and writers give the information about the coin with careful analysis. Please conduct your thorough study before funding in any crypto.