When the Ether Addicts Malfunction!
Today I saw something rare on the EthTrader reddit forum that really got me excited! It appears that some of the most hardcore Ether fanatics have turned on themselves, and worse yet, turned on their own ETC! For example etheraddict77 has gone rouge, and is now shorting ETC on Bitfinex! Shorting Ether in it’s purest form. Here is a quote from etheraddict77 below:
Whoa Rewind That! Did You Just Say Bitfinex & Short ETC in the Same Sentence?
You did read correct. Events unfold fast in the crypto universe, and in the last 48 hours Bittrex and Bittfinex both added ETC trading. Bitfinex also added margin lending for ETC so look for bigger moves as people can now buy or short. Etc will also be subject to the frequent short squeezes, things are looking up for ETC. (Below First Day Trading ETC on Bitfinex!)
Finally Back To Business!
This brings us back to that reddit article, and why I sent some ETC to Bitfinex for margin lending. Since I am in the market of stacking ETC for the long run, mine as well make some more ETC while I do it. Right now ETC is in high demand by traders, as you can see from the sentiment of traders like etheraddict77, and you can make high interest on your ETC. Today I started lending out some of my ETC, and set it on auto renew loan at highest FRR for 30 day increments until further notice. If this works out I will add more!