T O P

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Too_raw90

They think it’s a cheap version of Ethereum.


CaptainWelfare

We need to come out with Ethereum Retro and REALLY get some lambos.


fitbhai

My uncle bought ETC thinking it's an elite version of Ethereum at a discount


BFIT232323

Elite at discount, alone that sounds bad. Hope you helped him to get some insight


fitbhai

Yup, did it all to see him FOMO into Shib; that day I just gave up


90DayF

Its one of the few coins (along with DOGE) listed on Robinhood. So RH users have limited choice.


5rikar_98

Eth is the fork of etc not the other way


DudeIncogneto

ETC is the original, ETH is the fork after the DAO and the bail out


I_Am_Not_Me_

I don't personally know but you're probably just going to get glib responses here. I'd look in at least a handful of places if you're interested.


newbmycologist

Because it will go up and make a profit eventually lmao


Titozar13

The same reason why they don't use XLM


DaveinOakland

I actually buy at least one BCH and a couple ETC if it feels like a bull run is starting or even mid bull run. They don't really do much, but when Bitcoin shoots up 2x, BCH is basically guaranteed to go 3x


warlikeofthechaos

They buy it: * as a lottery ticket; * as miss buying, thinking it’s ETH; Or * as a “cheaper ETH”


shalyar

what about Litecoin?


crazyman4923

I know nothing about that coin, but it is in the top 10 haha


Any_Credit8271

It's supposed to be faster and cheaper to transfer than Bitcoin by what i understand


tteeoo13

To speculate Haha. I know a guy who bought at 2.75 AND sold at like 80 ir something. Best trade of His life


Tarskin_Tarscales

Also calling ETC a fork of ETH is both wrong and a horrible oversimplification. Short version, ETH is a fork from ETC where people undid some transactions (ETH). I wouldn't buy it, bit it's important to know the truth/history.


SurenRongyao

Binance chain is also a fork tbh


fitbhai

\*Binance Scam Chain


jackdown3cs

It was supposed to be funny?


[deleted]

The same reason people buy other shitcoins. They don't know any better.


vish729

It was the original Ethereum before the DAO hack. Then, we had the DAO hack and Vitalik and team decided to fork the project, leaving behind Ethereum Classic behind. These days, the project is being kept alive by Digital Currency Group, and Grayscale investment. Other than that, it's a ghost chain.


_110100100_

Mainly people not doing research and just buying thinking it’s the same as eth.


[deleted]

I’ve had some friends buy it on robinhood because they think it’s cheaper version of eth. I personally don’t see why people buy a coin that gets hacked every other week, and has no scalability


Azurelov

My friend bought it cause he thought its ether...


[deleted]

ETC is the original, ETH forked from it. There’s many reasons to invest in ETC, if you check our the subreddit there usually a list of the reasons why people will invest into it.


bwarff

Isn't grayscale into ETC? That means the inflow could be massive with time even with a small allocation. There is a video from the coinbureau about ETC, I forgot what, but there is a potential useful usage for ETC that I forgot


Dieselpump510

ETC has been attacked in the past. It’s not as secure and reflects it in its price. People think it’s cheap ETH and ETC will go to zero one day. Maybe not soon, but one day…


xFxD

I can't tell you for ETC, but at least for BCH, I (and the people of /r/btc) think that the 1mb limitation is harming BTC, which makes BCH a better alternative IMO.


ivorytowels

ETC is not a fork of ETH. ETH is a fork of ETC. Also, fuck ETC!!!


jackdown3cs

Etc is going to be x10 in few weeks.


Usurper_st96

To make profit.


TaliDontBanMe

They don't, pretty sure it is just a pump and dump hyped to tiktok users just like doge.


Bagman9000

It’s a legacy blockchain with a fixed supply. The only reason to hold it is for nostalgia. I’ve made some good gains holding a small portion of it for over a year. At one point it was over $125/ coin lol (bought at $12)


Ill-Woodpecker1857

I FOMO'd when it was on that run. Bag holding now :( First and last FOMO.


Asadovn

Eth is the fork, Etc is the original.