Is ETC done for?
As most people know by now there has a huge hack concerning Ethereum multisig wallets and 32 million was stolen. Vitalik has already came out and said that the ecosystem was less mature when the DAO attack happened so no hard fork is possible. That said, when will the market wake up and realized ETC is now redundant? Does this officially prove that there is no reverse gear on ETH? It's hard to believe that all this will get swept under the rug
When Ethereum tries to implement proof of stake instead of proof of work, I believe that Classic will be a solid proof of work backup.
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