The listing of ETC on several major exchanges has created quite the stirring response from the community. With a total trade volume of over 120,000BTC for the past 24 hours, its clear that there are many who still believe in the immutable pre-HF blockchain.
Several large miners are also voicing their opinions as they switch their hashing power over to the significantly more profitable non-forked blockchain. Current ETC difficulty is at 12.78% of ETH, which means that even though ETC's current price sits much lower than ETH, the lower difficulty compensates for the disparity quite significantly.
Ethereum's total hash rate has dropped over a staggering 20% from Sunday's all time network high of 4449 GHs. The network hash-rate currently sits at just above 3500 GHs, with the ETC network hash-rate breaking 700GHs already. ref: https://etherscan.io/charts/hashrate
My question is do you think ETC will ever achieve parity or even exceed ETH in terms of price and total network hash-rate? Or consider the possibility of both coins co-existing? We have encountered new territory in the world of crypto-currencies.
picture courtesy of: https://ethereumclassic.github.io/