Price Speculation

judging by the numbers it almost seems that flypool has more than 50% of the total hasrate
if its the case its creating a dangerous situation for Zcash

Edit: yeah flypool has more than 50% of hasrate 301Mh/s of total 518 MH/s this isnt good unplaned chain splitt can occur.
also its giving flypool the possibility to negotiate some “special treatment” under the threat of the split

Excuse me if this is a “noob” question but why did that create a dangerous situation? Is it bad for one pool to have most of the hash rate?

they didnt created it but miners did by not splitting the hashrate on other pools … by heaving more than 50% of the total hashrate they can also force a chain splitt if they want to after chain splitt the correct chain needs to be determined other pools/miners mining the wrong chain will lose mined zcash…this happend on BTG in the begining supernova had 80% of the total hasrate that resulted into unplanned chain splitt after determining the correct chain (in most cases it the one with the biggest hasrate) 2 days of mining on other pools turned to nothing since the rewards came from wrong chains arent accepted
coins mined before the chain splitt should be save
BTW: the reason why it took 2 days was that supernova didnt show (and stil isnt showing) the correct pool hasrate so nobody knew what really happend

712.25 Mh/s current network hashrate. Up 30+% day over day
Where the hell did this come from??? It’s never been this high. I don’t track the ethereum network… has it dropped significantly?

here are the sources

i checking the global hasrate on

from where did you get the 712Mh/s?

and the flaypool hasrate from their dashboard since i checked it during my post it already dropped a little bit to 275MH/s

and no ETH hasrate did not drop maybee some miners get their hands on the new GPUs who knows ??? but if you aim towards suspicion about letting ASICs in the game i have to disappoint you the hashrate would spike like hell if this would be the case…but yeah back to the topic of price speculation

Edit: i deleted the pictures i think they are obsolete since the link is there as well

For mining speculation please consider posting here:

FYI flypool has more than 50% for many month now, nothing new but for sure something to work on in the near future…

Price speculation:
I’m pretty sure a lot of good news is being “kept away” till market stabilizes, I’m confident that once some solid positive news comes out pretty much all valid alt coin will follow…

ZEC @ 500 for april first :stuck_out_tongue:

3 Likes

Hopefully Bittrex delisting the junk is preparation for that USD business :stuck_out_tongue_winking_eye:

Still, Wilcox concluded that zcash is in the race:

"We're researching to see if using zk-proofs can make a fully scalable blockchain."

And while this Edward Snowden has a dubious reputation, at least this is a “celebrity endorsement” of sorts:

Talking of his own personal preference in terms of cryptocurrencies, Snowden said:

"When we talk about which cryptocurrencies are interesting to me, I've said it before and I'll say it again, zcash for me is the most interesting right now, because the privacy properties of it are truly unique, but we see more and more projects that are trying to emulate this and I think this is a positive thing."

Source:

3 Likes

That first article is pretty good

1 Like
3 Likes

Not directly mentioned but if you remember…

(If you don’t remember shame on you, if you never heard, the zcash team helped JPMorgan Implement zk-snarks onto Quorum)

1 Like

this will be interesting to watch
https://www.bloomberg.com/news/articles/2018-02-09/how-china-will-shake-up-the-oil-futures-market-quicktake-q-a

Like the last, this only barely qualifies (though it does mention Zcash) and is basically a reiteration of an earlier post
This actually addresses Mr.Snowden and why people listen to him. Supposedly he blew the whistle on the NSA and their data collection methods. In actuality, that information was publicly know (I watched it) via public television broadcast (ya know, PBS) in May 2007. Then in May 2013, committed treason for, what we can only assume, the exploitation of people’s ignorance and apparently continues to do so.
I searched my old Facebook posts (dont use it anymore) for a little proof

Pre-Emption & The Fourth Amendment | Spying On The Home Front | FRONTLINE | PBS
Also this
Hey @acityinohio, how about the foundation grant to PBS?! (I took care of it)

Check out new exchange. Site is starting with BTC ETH BCH XRP ZEC DASH direct fiat deposit.

https://www.paygety.ee

Zcash just announced yesterday that they hired a director of marketing. Hopefully they can now get the word out there and grow the coin.

6 Likes

Is there a link for this? Thanks for the report!

It’s listed under blogs on the zcash website. You have to scroll past all the engineers that they hired, but it’s there.

1 Like

Dev update post yesterday

ughhh…I really want you to be wrong regarding btc end of year. Right now, every model I’ve seen suggests that you are spot on, most tending toward the 17k side. sigh Really think we have a few hurdles coming due to facebook’s f**k up. Not that I expected better of zuckerburg, but crypto is an easy target for politicians who are trying to not talk about other DC issues, and facebook just painted a giant target on cybersecurity and monetary exchanges. Don’t think we are out of the woods yet with the Senate/SEC regs. I’m not yet convinced we are diving to 6k, but it looks like a hard slog back to 12k.

Regarding alt-coins, based on recent trends (at least until BTC goes to bulls again), it looks like everything is following BTC’s flux. I’ve noticed a few times when zcash hasn’t which was interesting. I’m rambling…to sum up, I’m really skeptical about the alt coin explosion - (1) I think ICO’s may have brought down the roof on our heads for the time being. That is, they were inevitably volatile and so many go straight to 0, they were an easy target for regulations. It seems like most of the dips have followed ICO regulations around the globe. So, thanks to everyone including Venezuela for the market decline. (2) it seems like most are completely unnecessary and without a point unless they offer better speed or privacy (or both).

Thoughts?

imo, people need to learn the difference between cryptocurrency, and corporate equity in tokenized form… ICO’s are probably the future. they’re an effective way for companies to raise funds. also, might-be the most efficient way to scam people in history. imo, govs will regulate these markets, but won’t kill-them-off.

most cryptocurrencies are just a way to make money, and serve no purpose outside of pump&dumps. question people need to ask themselves: does this alt do something bitcoin can’t, or won’t do? honest answer will most likely be no.

(not sure if i’ve answered your specific questions)