# My current view into the cybercoin markets

**URL:** <https://forum.zcashcommunity.com/t/my-current-view-into-the-cybercoin-markets/29836>\
**Category:** General\
**Created:** [June 22, 2018, 10:29pm UTC](https://forum.zcashcommunity.com/t/my-current-view-into-the-cybercoin-markets/29836 "2018-06-22T22:29:30Z")\
**Posts on this page:** 9\
**Page:** 1

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**Author:** ![zooko](https://sea2.discourse-cdn.com/zcash/user_avatar/forum.zcashcommunity.com/zooko/32/32232_2.png) [@zooko](https://forum.zcashcommunity.com/u/zooko)\
**Post date:** [June 22, 2018, 10:29pm UTC](https://forum.zcashcommunity.com/t/my-current-view-into-the-cybercoin-markets/29836/1 "2018-06-22T22:29:31Z")

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I really like this view of current market data:

[https://onchainfx.com/v/UsZtA6](https://onchainfx.com/v/UsZtA6)

 ![06](https://global.discourse-cdn.com/zcash/original/2X/c/ceeb83c9b0277fad88e8e9ef540b530cf9eb8bb6.png)

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**Author:** ![Autotunafish](https://sea2.discourse-cdn.com/zcash/user_avatar/forum.zcashcommunity.com/autotunafish/32/7827_2.png) [@Autotunafish](https://forum.zcashcommunity.com/u/Autotunafish)\
**Post date:** [June 22, 2018, 10:41pm UTC](https://forum.zcashcommunity.com/t/my-current-view-into-the-cybercoin-markets/29836/2 "2018-06-22T22:41:42Z")

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Thats about 10% of usd value of daily BTC issuance and at about 3% of BTC’s own usd value ⭐  
$11.55M to $1.17M daily issuance  
$6000 to $180  
Edit- that’s roughly daily new issued coins  
1925 BTC and 6500 ZEC

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**Author:** ![boxalex](https://sea2.discourse-cdn.com/zcash/user_avatar/forum.zcashcommunity.com/boxalex/32/14872_2.png) [@boxalex](https://forum.zcashcommunity.com/u/boxalex)\
**Post date:** [June 23, 2018, 11:25am UTC](https://forum.zcashcommunity.com/t/my-current-view-into-the-cybercoin-markets/29836/3 "2018-06-23T11:25:00Z")

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Too be honest i personally don’t give the daily issuance much attention …

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**Author:** ![johnwisdom](https://sea2.discourse-cdn.com/zcash/user_avatar/forum.zcashcommunity.com/johnwisdom/32/5836_2.png) [@johnwisdom](https://forum.zcashcommunity.com/u/johnwisdom)\
**Post date:** [June 23, 2018, 1:36pm UTC](https://forum.zcashcommunity.com/t/my-current-view-into-the-cybercoin-markets/29836/4 "2018-06-23T13:36:03Z")

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> [@boxalex](#):
>
> Too be honest i personally don’t give the daily issuance much attention …

New issuance is a great method on giving value to cryptocurrencies, we can see how healthy ZCash actually is and even from an investment point of view it brings some more guarantees (on capital return or whatsoever).

The 24h Fee is also really interesting. Zcash in comparison with bitcoin **costs more than 10 times less**

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**Author:** ![mantoz](https://avatars.discourse-cdn.com/v4/letter/m/779978/32.png) [@mantoz](https://forum.zcashcommunity.com/u/mantoz)\
**Post date:** [June 23, 2018, 2:18pm UTC](https://forum.zcashcommunity.com/t/my-current-view-into-the-cybercoin-markets/29836/5 "2018-06-23T14:18:05Z")

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OK, but no one comments about the price: about 160$ instead of 360$ of 1 month ago (May 15th).  
Not a good period for crypto, but it seems that ZEC is suffering more than others.

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**Author:** ![nekkidtruth](https://sea2.discourse-cdn.com/zcash/user_avatar/forum.zcashcommunity.com/nekkidtruth/32/5600_2.png) [@nekkidtruth](https://forum.zcashcommunity.com/u/nekkidtruth)\
**Post date:** [June 23, 2018, 2:32pm UTC](https://forum.zcashcommunity.com/t/my-current-view-into-the-cybercoin-markets/29836/6 "2018-06-23T14:32:50Z")

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You’re kind of missing the entire point though. Literally the point is “the price” isn’t the **only** thing that matters. There are other variables that can tell you how healthy (or unhealthy) the coin is.

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**Author:** ![mantoz](https://avatars.discourse-cdn.com/v4/letter/m/779978/32.png) [@mantoz](https://forum.zcashcommunity.com/u/mantoz)\
**Post date:** [June 23, 2018, 2:53pm UTC](https://forum.zcashcommunity.com/t/my-current-view-into-the-cybercoin-markets/29836/7 "2018-06-23T14:53:43Z")

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Well, I’m not that sure that I am missing the point: I know that “the price” is not the ONLY thing that matters…but considering only “New issuance” is not correct the same way…  
I think that the combination of price and new issuance would have been a better indicator…and the price is definitely very low now.  
Unless you just want to say that “everything is ok” at any cost…

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**Author:** ![nekkidtruth](https://sea2.discourse-cdn.com/zcash/user_avatar/forum.zcashcommunity.com/nekkidtruth/32/5600_2.png) [@nekkidtruth](https://forum.zcashcommunity.com/u/nekkidtruth)\
**Post date:** [June 23, 2018, 3:02pm UTC](https://forum.zcashcommunity.com/t/my-current-view-into-the-cybercoin-markets/29836/8 "2018-06-23T15:02:49Z")

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Even still, you’re focused solely on the price. You did indeed miss the point. The entire crypto-currency market is taking a hit. We already know this. They are all dropping in price. The point here though, is how healthy these coins are in other aspects. ZEC has endurance. It can take these hits to the market. That is the point.

It will be a long time before ZEC breaks out from under BTC’s thumb, but there have been a couple of times where ZEC completely ignored BTC’s market and that’s a **huge** accomplishment for such a young coin. ZEC is very healthy. But as with anything in the crypto-currency world, it’s not infallible.

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**Author:** ![Autotunafish](https://sea2.discourse-cdn.com/zcash/user_avatar/forum.zcashcommunity.com/autotunafish/32/7827_2.png) [@Autotunafish](https://forum.zcashcommunity.com/u/Autotunafish)\
**Post date:** [June 23, 2018, 7:00pm UTC](https://forum.zcashcommunity.com/t/my-current-view-into-the-cybercoin-markets/29836/9 "2018-06-23T19:00:20Z")

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Heres some neat visualizers

> **[Digging deeper into cryptoassets: data and visualization resources | HackerNoon](https://hackernoon.com/digging-deeper-into-cryptoassets-data-and-visualization-resources-8a922b62d51c)**
>
> Cryptoasset valuation is a fairly new and iterating practice. Investors often have strong and varying opinions on how to value projects in the emerging asset class. The assets are constantly under experimentation and development, making a fixed model...
