Okay so Bitcoin and Ethereum's price is declining. while Ethereum Classic gains massive amounts of market share.
It could be another pump of ETC that will be followed by a large dump, and will end the fear among Bitcoin and Ethereum holders, but it could actually change the relations between ETH and ETC and make the classic chain victorious.
+52% up on Poloniex. amazing, I am clueless about how this happened.
Meanwhile, look at Ethereum at Poloniex:
At first, was sure Ethereum Classic will die when the DAO attacker dumps his funds, but I am not sure anymore. anything can happen at this point. the panic sells has started at the price is dropping rapidly. Congratulations, Ethereum Classic holders. enjoy the cash.
And how about Bitcoin? currently trading at around 605$ and I have seen 592$. after all it is the bridge between the altcoins.
STEEM have taken quite a hit today as well, like the overwhelming majority of altcoins, losing about 12% of its value.
STEEM feels to me like a roller coaster anyways, I will not be surprised to wake up one morning at discover that the price is 10$, or 1$. it's always in the move and never stable and predictable.
Let's see what happens in the next 24 hours or so, my best is, Ethereum Classic gets dumped back to around 1.8$ and Ethereum recovers. but I very well could be wrong like I have always been about this ETH-ETC race. Place your bets boys and girls, the roulette started rolling.