Price Speculation

Would like to hear anyone’s guess on future price. End of 2017, 2018 and beyond.

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been accurate so far, but my numbers have changed a bit

short term - $300
mid term - $500
end-of-year - $835

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Love it @kek. Top 3 I’m guessing Bitcoin, Ethereum, Zcash.
I predict zcash $1000US on exactly December 13th 2017

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Someone should put down a wager on augur or gnosis already.
IMO both 800-1000 are over optimistic figures for less than 12 months away.
My bitcoins on prime target of 500 USD, max 600 USD.

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imo, end of year ZEC will have a +$1 billion market cap, and rankings will be

  1. bitcoin
  2. ethereum
  3. zcash
    ~ zcash will unseat ETH for that 2 spot in year 2 !!
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i’m not usually wrong about these things, but we’ll see ; D

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Can get behind this.
1bn is going to be hit and there’ll be those left in the wind asking why then didn’t cashout on eth and go all in zec.
Number 2 spot for year 2 is a big “if”. Its not off the cards but I think you’re underestimating the sheer totality of meth.
With zksnark integration and most of the public already getting comfortable with what ether is, it’ll be tough to get them interested in another coin, when it’s main properties have already been extracted into the second most widely known alt.

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imo, ZEC will gain that spot mainly from reasons i cannot mention on the forums… but there’s research out there that might make ZEC much more interesting, if adopted i.e. bolt, etc. this is one of them Interactive Oracle Proofs
believe this is one of the zerocash authors (eli ben-sasson) also, STARK research is pretty neat

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PM then at least, even If I have a slight idea what you may be onto.
Yes you’re correct. Came out of SCIPR. STARKs are the future.

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Hi.

I invested A LOT of money into ETH, but lately I sold all of my ETH for ZEC.

I am extremely nervous.

I need AT LEAST 1,55 ETH for 1 ZEC to cover my loss and would like a 1.78 ETH for 1 ZEC to make some profit.

When do you think ZEC will rise to 1,78 ETH…

It did following the JP M News.

Thanks,

PS I am nervous. put my life savings in it.

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You don’t have to worry if they both rise

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If it was easy, everyone would do it!

I am confused though about your numbers… at what price did you buy Zcash at? if it was below us 200.00, you’re already a winner

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At $75 or 1.53 ETH at that time.

ETH is rising so fast. Used to have 130 ETH.

If I sold today, I would only have 85 ETH.

My calculation was. To double, ETH would need to add another 20 billions to his market cap.

Now, ZEC only have to add 400 millions.

Surely that ZEC should double before ETH especially with the Alphabay announcement coming in July !

Meanwhile, XMR is slipping .

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currently on poloniex, both eth and zec is over US $230.00

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Current Market Depth

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My Goal

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now I understand your numbers

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morning happy kahunas! people that are selling in the $250-270s area are complete degenerates… have a feeling will take another day or two to get rid of them before we start our next leg to $300… also, people selling in this range are going to hate themselves by week’s end.

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no, let them panic == more cheap zec for both of us :triumph:

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When do you think ZCash will surpass Monero in terms of Market Cap ?

Also, why are you so sure that ZEC will rise this week ? Any news coming soon ?

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  1. interesting question that I haven’t put much thought into, but now i’m curious, and going to look into that to try-and-make an estimation. (have a feeling that will happen a little after ZEC is officially added to alpha bay)

  2. no special information - from a trader’s perspective; all the fundamentals are there, and the chart is beautiful! $300, like $100 is one of those odd psychological numbers we’ll prolly build support around. imo, we’ll hit $316ish, have one more nasty shake-out back into the $290 range, but we’ll recover that will be the end of sub $300 ZEC.

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Nice !!!

I am holding my fortune of 85.34 ZEC hehe :slight_smile:

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Maybe you could share some of that fortune my way? :slight_smile:

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now that we’re trading @ roughly $300; i’m not going to panic sell! this is what ZEC is actually worth, imo! also, good morning!

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I know lool. Wait, you dont think I should sell?

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\o/ depends if you wanna take the trip to $500 or not!!! but i do believe we’ll build support around $300…

quick-n-dirty analysis:
hard resistance was roughly $300, new hard resistance is around $326.
so, the ride to $330ish is pretty-much free money, imo!

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Meh, my funds arent even in kraken yet so oh well LOL.

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I think there would be a lot of very happy miners/forum members if this was to happen! Fingers crossed…

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Believe it or not… But I expect Zcash to hit $3,000 + before August 1st when Bitcoin forces the hardfork. I have let you all know when it was going to hit $200, and when it would hit $300, which it has, for a high of $326.00 just a couple of days ago. It should hit the $500 mark by July 1st, that will be the indicator of it blowing through the roof when Bitcoiners start dumping their holding and buying into Zcash and Eth! There are going to be some HUGE Bitcoin losers when the top 1-2% dump their Bitcoin! That will cause the Bitcoin price to nose dive to nothing! If you’re currently holding Bitcoin, you had better get out of it before you lose it all! The bottle-neck that will be created by Bitcoin sell-off will make your Bitcoin worthless! See this video for an explanation of how people holding Bitcoin are going to get the shaft!

Can YOU Get OUT of Bitcoin? 98% of BTC Holders Will Lose It ALL.

can we get the jpeg src?

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agree with the $500 part… wouldn’t fall out of my seat in amazement if we did hit a few $1000… when our boom cycle begins crazy stuff will happen (we’ve only had bust/accumulation cycles)… imo, BTC will be okay; won’t go to zero : D but i do enjoy reading bullish ZEC predictions, and wouldn’t mind if you were correct!

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The coins that have not yet been mined should be considered in the market cap in the same way as a company’s non-circulating shares. Zcash will have 10.8 million more coins available in 5 years compared to the current 1.5 million. This is like shares that employees don’t have the option to sell before a specified date. This means Zcash’s current market cap (when considering only the next 5 years) is already $3 B, 2x more than Google paid for Youtube in 2006. Bitcoin market cap by this same measure is $55 B. So Zcash is currently valued at 5.5% of bitcoin. I think this is a fair valuation.

A month ago, Siacoin people made the post below about this problem to warn cryptocurrency “investulators”. They show how Zcash is the poster child of the “coins not yet produced” problem. It makes people overestimate coin value by underestimating the current market cap by underestimating the number of shares by not including the shares that will soon be out there. This is why Zcash feels like such a dog in price despite having such a good pedigree. Many are not ignorant about the underestimated market cap effect because the “apparent” market cap of 1% of BTC is obviously too low.

The real market cap of Zcash is currently $3 B. Congrats to Zooko and company for creating a multi-billion dollar “company”. On this measure, it is tied for 4th place behind BTC, ETH, and XRP.

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No. - You cannot include in your Market Cap " estimate " what has not yet been produced, issued or " mined ".

And this applies to Currencies, CryptoCurrencies, Commodities, Stocks… all kind of Securities.

I understand the point you are trying to make, but it is wrong. The example you made ( of shares that can only be sell in 5 - 10 - 1 000 000 years - whatever - is wrong… because… the shares were issued !!

The title of property ( share ) has been issued… someone owns it… regardless of the fact that it can or cannot be sold on the spot.

Now tell me, who owns what hasn’t been produced ?

Will you include all Oil reserves in your calculation of Oil prices ? All of Earth’s potential Gold Reserves for your calculation of Gold Price ?

No… Hell not…

Becausw if it wasn’t issued, produced or mined … than it shouldn’t be in your ACTUAL calculation of a market cap…

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You’re proving my point. If it was known that no more gold was going to come out of the ground, it would be worth a lot more. Same with oil. We know Zcash has a lot more coming “out of the ground” and we know bitcoin does not.

Coins scheduled to be printed are exactly like outstanding shares that are used to calculate market capitalization, PE ratio, and EPS. Few financial metrics look only at the float the way cryptocoins currently are.

It should be obvious there is no fundamental difference in unsellable paper shares already printed and coins not yet mined. The point is that we know they will be placed on the market, diluting the value of existing shares that are in the float (can legally be on the market today). 730% dilution is coming to Zcash in 5 years. Interest has to increase 7.3x by then in order to keep current value.

If the Zcash “insiders” with shares maturing every day were to sell at an average price of $100, they have $400 million in the bag. The Zerocoin Electric Coin Company (ZECC) is currently able to sell out of its shares at a rate of over $1B going directly to the founders. As a business, Zcash is already as successful as Youtube was, despite the populace having no idea about it. But this is a completely wrong characterization because it’s only looking at the float and not the outstanding shares. They should expect less in the future unless interest keeps increasing just to maintain current valuation.

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Lol so when ZEC was 3000 Bitcoins the market cap was … $9234 B congratz.!!!, people are not stupid u’ll never get cheap coins :smiley: the real value of ZEC should be at least 1BTC

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ZCash ( ZEC ) will EXPLODE in July-August of this year.

1 ZEC = $298-300 US ( Now )
1 ZEC = $400-500 US ( July )
1 ZEC = $600-800 US ( August )

You’ll see :wink: !!

ALL-IN on ZCash ( ZEC )

ZCash will be this Summer BIG WINNER !!

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when this happens, i hope the ZEC community is classy about-it… don’t be like some of the ETH people, and gloat about it on r / bitcoin, etc. really leaves a sour taste in peoples mouths, and we want to attract bitcoiners, not make them hate us!

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I think this will be hard due to the limited supply and other alts keeping up with the price increases.

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How can someone put all of his life savings into a cryptocurrency?

What are you doing if Federal Reserve and other centrals banks together release an own blockchain currency tomorrow? There would be an immediate crash of all cryptocurrencies and you can’t get out fast enough.

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if they did; their currency would still be necessarily inflationary, and controlled.

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limited supply is the reason this will happen. hang-tight, it’s going to be a fun year!

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So here we go ZEC to begins to the road to 3000 dollars soon or more look at the chart and price guys it is just the beginning

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Many Traders are seeing what I see !!!

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Yes, a few months ago when ZEC was trading pretty low I not only continued mining but bought a few additional ones. I thought what the hey, ZEC just might reach $1000 one day, but also thinking it would be at least a couple of years out. Well with each passing day the crazy dream is getting closer to reality.

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To all happy day but i told many times it is just the beginning with small supply price will explodes behind bitcoin write it down now on June 14.
ZEC = 2 or 3 BTC
Between 3000 to 5000 dollars max value.
Starts 1 july
ZEC had 2 steps breaks 500 dollars and 1000 dollars that s it after that 2 events direction jupiter…

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Looks like your on the right track. Some moved their sell order on 0.2 congesting the lane. about 1700 BTChurdle but dont see it as huge roadblock. Good luck to all.

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TADAMMMMMM

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What has happened? Is there any big news that most coins have a big drop in value?

BTC took a nose dive. Looks like everything else seems to be following suit today.

Anything on why btc is down?

I am wondering the same.

Well there were at least 2 cyber attacks this week so far on BTC that I’ve read about. That may be part of it.

I think People are scared of the UASF…

I know, cause I am too

Maybe it is the newly announced UAHF by bitmain. The already divided community is now even more divided

so it is because UASF vs UAHF? :disappointed_relieved:

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As long as BTC doesn’t bring down the whole Crypto World with it.

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actually, really encouraging we’re defending $300 like champs! once BTC regains her sea legs; ZEC will be right back-on-track!

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thinking we overtake XMR’s market cap after this correction.

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We did have a big rally in the alt coins the last week and a half - 2 weeks. I was wondering when the price correction would come. This was expected, guys. But, that means its time to buy coins again while they are CHEAP! :smiley:

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fun side note: not only are we about to overtake XMR’s market cap, but our volume has been greater than dash’s lately too! things are looking fantastic for this young alt network!

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So we enter the last 2 weeks before alphabay for ZCASH.
I expect a pre rally high value end of this week begins last week.
And between the 1st july and end year expect a hot hot very hot summer/fall also.
I reedit my prediction.
With the bitcoin split+alphabay+investment trust Q4 for Zcash+small supply coins= 2 or 3 btc price 3000 dollars easy.
illuminati confirmed in crypto…:point_up:

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Hey guys
New to mining, getting 2 1080ti tomorrow, was going to put one on sia, would like to get 1mill sia before it gets to hard to mine.
And one one zcash.
You reckon i should put both on zcash.
I started reading about ethereum about 4 weeks ago when it was $112 Aud.
Had a really good feeling about, couldn’t convince my misses to put money on it.
Its like $550 aud.
I have the same feeling about zcash.
Even if i mine 2 or 3 zcash i could use the money to build a serious rig.
Mmmmm

BIG NEWS on ZCASH

Via Btc to accepts Zcash and trading…end week
I told you days ago between end of week (date of begins trading via btc) and summer /fall expect Zcash to be above 3000 dollars.
People will not believe but my info and prediction are 90% good in general.
Take care.

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very nice!

here’s the source for theee lurkers

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How big is this news really?

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China smelt that with bitcoin fork it must be another big crypto and it will be zcash and ether…they prepare the ground in advance…
So expect a explosion in price between end week and till fall…
Don t be shocked if you see 1000 dollar and 1500 and 2000 for 1 zcash and after that more than 3000…

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I’ve been lurking on here the past month , finally decided to start posting… I’m a newbie, I’ve found . this thread to be extremely informative and I want to thank all that contributed…

Quick question to anybody…

Is this bitcoin hardfork still happening on august 1st? I read today there going with the segwit so no hardfork… if this is the case are your guys projections going to change ? I know there were some bullish predictions based on the hardfork happening

Wrong forum to ask try bitcointalk.org instead. ZCash isn’t hard forking!

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I think he means that now the bitcoin community might come to an agreement on the scaling problem with segwit2x, planned for july 31. What effect will this have on the ZEC price speculation in this thread.

I was asking myself if this would have a positive or negative effect on the ZEC price, becouse segwit2x might make bitcoin stronger and could lower the interest in altcoins as it is now, even though some altcoins like ZEC/ETH/XMR all have some additional value over bitcoin.

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short term dip as buyers move back into BTC for a quick scalp; zcash price targets are intact (check post history if you’re interested in the specific targets). ZEC remains strong throughout the year. “bitcoin transactions are prosecution futures.”

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Not sure where you got end of week from. Week has ended and Zcash has ended down not up. Long tee it should go up but short term I could see further dips.

Don t wait me with a knife or gun around the corner for some days delay or wrong
all crypto are down

Totally with you bro…i bought 15zcash in the last one month and I’m sure it will go to 2000 minimum by end of July - mid august…

Also bro what do you project max price that zcash can touch end of this year? A ballpark figure? And what do you see zcash be worth say 2-3 years from now?

I want to know if i should sell after it touches 3000 or HODL? Thanks

I dont know because of the small supply coin zcash can go very fast very high so i dont know… for me 2000 3000 dollars is the sale point because you must profit also your life and not always thinking about trading…
Take a part and invest in other crypto.
But only after 2000 or 3000 dollars or above

Thank you for your advice…what are your thoughts on Zclassic? Market cap is only 5million now? I think if Zcash goes to 2 billion market cap then Zclassic can also touch 100 mill market cap?

Not @flame23 but zcl is not worth the stress.
Hush has more chances of reaching that 100mn target than zcl based on current trends.
Don’t believe me just look up vol of hush-btc pair on cryptopia for the past months.

Hi all
Im new to mining Zcash :smiley:
but i really enjoy the crazy panic saleout and dumping the price of ZEC because I plan not only mining it but also buing it :smiley: and this is a nice oportuniny for me i just wait for the Zcas to hit the 200 eur/zec to do the purchase just a question should i setup it less like 180 or 150 what do you thing will it go even less then now 220 eur ?

BTW sorry for my eng iam not a native speaker

Price is rising and falling…mostly falling…not what I hoped…no hype from the Alphabay news…lets see what happens from 1st July onwards…this needs to go 4figures in price…

almost everything is dropping.

yeah, and ETH price is moving closer to Zec price today, only aprox a 5$ difference. But we’ll see tomorrow what kind of correction we will see. I will definitely be watching closely how it will develop.

…and we’re up 2% during the EST morning malaise !! ; ) hang-tight kiddos weeeeee!!!

serious: we’ve defended $300 again …as of now; that’s all that matters!

Tomorrow is… THE FIRST OF JULY !!

Will ZCash SKYROCKET to the MOON ?

The Falling Wedge has been broken.

Now we are on the Rebound.

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I guess the alphabay developers didn’t make their deadline as zcash still isn’t active on the website.

A bit of a bummer that the day we’ve been waiting for isn’t here yet :stuck_out_tongue_closed_eyes:

What is the bet for this week. Is it going up or down?

Since it’s not like the stock market it even fluctuates on the weekends.

Maybe this week or the next … who knows

Is the alphabay news actually real or just a fake news that looks very real?

Never mind! Confirmed it’s actually on if but not active yet

imo, goldman sachs technical coverage of bitcoin markets are accurate, because they completed a test pump, they should know. new report from GS believes BTC will hit $4,000. personally, think BTC could hit $5,000… but that’s not why i’m writing this. quick-n-dirty analysis: BTC’s 2017 bull-run will continue; probably hitting ATHs. with GS, and other institutions accumulating; BTC market is currently moving sideways as we build support in the $2,500 range. upwardly sideways movement with occasionally violent rips in both directions will continue into the fall/winter. (zcash will follow this trend) if you wanna know what happens in winter 2017-2018 you’ll have to read my blog, if i get around to starting one. side note: we pumped with BTC, interesting thing is; $450 did not get violently rejected. we just need to defend $300…

And we’re nearly hitting 300 again

I would read your blog tho.

I would read your blog too!

Yeah so that’s clear that you predict both Zcash and BTC to go up by the end of the year and which one would you say is better investment if I want to grow my capital as much as possible and get out around november-december latest?

I guess Zcash is will grow your capital more by % due to lower available supply. but I’d say Zcash is a bit more risky.

Also bitcoin could still be a risky buisness with Segwit2x coming up, but then again it could also have a positive effect if this will solve all the scaling issues before implementation of 2mb blocks.

That’s what I predict say with my limited insight!

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preface my opinion with this: as an investor i’m much better at long term forecasting over daily movements… that being said, believe BTC’s trading at the mid/high point in my range; whilst ZEC is still in an accumulation cycle on the lower end of my range. imho, you’ll see greater percentage movement with ZEC… but ZEC will remain “tied” to BTC throughout 2017… 2018 things will get interesting. i’ll share my thoughts when the time’s right!

Market testing to see who has strong hands and trully believe in the tech. I believe it will fall even more 0.06 may be the floor

Any speculation what Zcash price is going to be doing for next two weeks?

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IDK. If Zcash team is able to resolve Poloniex issues soon, then I expect Zcash to climb up, other price will crash. The way the team is handling it is not good at all.

Update - team has issued official statement

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I have eventually bought BTC for the short term but u guys must have heard about this buzz what’s going to happen with BTC on August 1.

I will try to sell it until that, see how the market reacts until mid august and get in on it again.

Reason why I went with btc cause this retarded american kranken refused to get my account verified for 5th time with bitstamp it went smoothly.

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let me make sure i understand you correctly…
you wanted to buy ZEC, but went with BTC because exchange issues (in a way) forced you to buy BTC?

if i understand you correctly, this is an unacceptable problem, and you wouldn’t be the first person to tell me this.

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You bet, why where will you buy it, on localbitcoins from lowlife criminals who ripp you off the first chance they get or on certified exchanges where you might pay couple of % commission but you stay safe.

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I got verified for tier 3 on the first try at Kraken and Bitfinex. I’m not sure but I think it might be because I am a EU citizen, and regulations are less strict as I can recall.

Bitfinex took about 5 days, and Kraken about a Month.

I Like kraken because of the EUR/ZEC pair, and EUR withdrawals within EU cost next to nothing

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The last price support was around 230 to 240? Hopefully it’s gonna stay around there for now and shoot up after that. There’s no way it’ll go back to the 90s…can it?

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Hang tight … Price targets haven’t changed. We only hit $90s under catastrophic failure…

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this irritates me in so many levels… because i’m thinking it’s wide spread… people cannot buy ZEC… this is a terrible problem, and I’m not sure the community knows how bad it is!!! thanks for sharing, because this needs to fixed immediately

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You can buy / sell ZEC on poloniex and most other exchanges. The difference is you can’t deposit / withdraw it.

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people that have decided to move into the market specifically for zcash; that i personally know (large money) cannot buy ZEC. don’t like cross pollinating my accounts, but thinking about dumping some of my twitter @/mentions in here so people can grasp the magnitude of this problem… side note: there’s a ton of pent-up demand for zcash …once this stuff gets ironed-out - mewn

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I still think price will continue going down for a few months, too many people joined late. Whales don’t have mercy and the best way for them to increase their stack is to buy cheap coins from desperate noobs.

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that’s how it usually works, but in this specific case; USD is sidelined because kraken is the only reputable exchange for USD-ZEC. large money does not want to put their loot on bitrex, or polo.

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I agree, buying ZEC (and all crypto, really) for a normal person is a huge problem right now. Kraken verification takes longer, then wait times for wire transfers.

I’d love to get in at the current price but who knows what the price will be once I’m actually able to purchase. And if these wallet issues people are complaining about don’t get fixed right away, I think we’re gonna see a continued fall in price.

Getting hands on crypto is a huge bottleneck right now.

But we’re still early days of crypto I feel. This is like the internet was in 2006. It’s popular+widespread, sure, but it’s not 2016 popular/widespread.

I think blockchain is going to change the way the world economy works. So if you’re in it for the long-haul, just buy and forget for 10 years.

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Regardless of the long haul or not, I think there should be a fix with what is happening right now. There so far is not clear explanation about why Polo and Bittrex have disabled ZEC wallet withdrawal and deposits. I think once this issue is fixed will we then see a huge jump in price.

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agree, i’ve been doing this for a minute, so, sometimes i forget that it’s not easy to first enter… but, these exchanges aren’t improving; seem to be moving in the opposite direction. also, agree, i do consider today’s investors “early adopters”… the exchanges tho SMH

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@Blue and @kek you’re both 100% right exchanges are a major issue right now. You’d think they’d have matured passed where they currently are considering their size and age. I’ve had major issues with both Polo and Kraken recently. But at least kraken is responding to support requests eventually. Polo - silent AF

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BTW, we’re tanking hard right now. It touched .09 BTC if it goes below .08 i think things could get really ugly

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I think most of these exchanges are getting a massive amount of new users and can’t keep up with the current demands creating a backlog. They have to figure out some way better their infrastructure which I believe they will. Once they get caught up, it’ll be good again

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Is the price tanking because people that have ZEC on bittrex and polo are trying to sell it for BTC so they can actually move out of the exchange? And people aren’t buying because they know they won’t be able to withdraw any ZEC they purchase?

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All coins are heading downward right now. ETH and ZEC seem to be joined at the hip during these downward spirals. This is not new.

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Yea definitely a scaling issue. Maybe no one expected the May explosion and sudden jump-in from all the bystanders so they didn’t have the resources to deal with it. Ethereum has major issues too since May, syncing a node is SLOW AS HELL because of the new load of users/miners/traders

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I was thinking that too but I think @nekkidtruth has a point - all altcoins are massively correcting in price it seems. We all kinda knew that crypto prices have been heavily inflated because of new popularity. Price jumped after the JP Morgan announcement, peaked mid-june and has been on a downtrend ever since.

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I’d love to jump into a few other coins I’ve been eyeing right now but not enough funds to do it, now is a good time to jump into the pool

Why is it that the exchanges are saying the Zcash team need to fix an issue, that’s why the wallets are blah, but the Zcash team says there isn’t any issue… :sweat_smile:

just sent a TX, network is okay!! where’s the zcash foundation? this seems to be a perfect job for them to handle (public communications) D:

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Maybe just a shot in the dark but since Flypool owns almost half, if not half, of the hashrate, what if it became a smaller pool and the total mining pools had similar hashrates. This would lower the difficulty and make mining more profitable for everyone, no? The price would go up also since there is more equal distribuation of hashing power and not so centralized.

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May be is going down again…

What about Bitfinex? I really like the service and think with the honorable way they’ve behaved in the last year they deserve our support.

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Bittrex seems to be up now

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I actually do like the bitfinex user interface. The thing is now that they have disabled all USD deposits and withdrawals for a while now, because of some banking issues they say.
Also their usd trading volume is higher than kraken or polo

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There wasn’t anything wrong with the network. As I suspected, Polo is acting on it’s own and being unprofessional as per usual. The Zcash team tried to contact them with no luck (surprise). I think the Zcash team have handled the whole thing rather well actually and while I do think we would all benefit from some type of news/blog/information outlet direct from the team or to a new team who’s sole purpose is to bridge the gap between the developers and the world at large, I don’t think that would have changed the way any of this played out really. Polo’s issue could very well be legit and it could very well effect everyone in the long run, but the way they’ve gone about it is sketchy at best. They’ve been a hot mess for a while now and if they keep doing stupid stuff like this, they’re going to hang themselves.

Seems polo isn’t his only site having problems.
Even tristans own sheet music site is down for maintenance http://www.poloniussheetmusic.com/

Here is Why Polo disabled ZEC wallet

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Right. However, as was already pointed out by the ZEC team, this particular issue wasn’t present in ZEC. So Polo was just being unprofessional. They didn’t reach out to the ZEC team to find out whether this was an issue, they just disabled ZEC and basically said “Zcash team needs to fix something” when in reality, they did not.

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well this seems that polo disabled it on purpose not becase of the bad code but to have cheap zecs availible the question is how far they will go with this. and secon question how it is even possible that one trade house can manipulate the whole marked like this

This is BS. Most coins, including ETH, have dropped in value in the last week. ZEC and ETH are tracking each other. Stop spreading rumors.

You can’t ignore the fact though that the closing of TWO exchanges had a big impact on the price.

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well it is a speculation thread what else should i do then speculate ???
i still think there is something fishy about polo not communicating about it not even with zec devs …

Not denying that this may have contributed to ZEC’s losses. However, the conspiracy theories are BS. And never attribute to malice that which is adequately explained by Polo’s stupidity :wink:

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I’ve worked at too many tech startups to see this as anything other than incompetence.

you have a different view on it that dosent mean you are right it also dosent mean you are wrong
as for me i dont beliewe you
end of the storry

Well perhaps you’ll believe reality. There is no special attack against ZEC. The entire crypto market is going through a correction. Do your homework.

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already done my homework in other segment (finished the 2x200W audio amp) so thx but for today i have enaugh of “homeworks”

Perhaps one needs to study more then. You’re clearly failing on the conspiracy front.

well thx for no explenation .that isnt helping me at all…
BTW i am not a finacne guy never studied that stuff

There’s nothing wrong with not being a “finance guy”. But rather than come here looking to discuss what could possibly be going on with the market as a whole, you came here spouting off conspiracy theories as if they were fact.

well this seems that polo disabled it on purpose not becase of the bad code but to have cheap zecs availible the question is how far they will go with this. and secon question how it is even possible that one trade house can manipulate the whole marked like this

That was you. You want to learn, here’s your first lesson…pay attention to the market and what’s happening with all of the other coins as well, not just ZEC. You’ll find that there is plenty going on. The market grew as a whole grew very quickly over the last couple of months. That bubble was bound to pop. This happens from time to time.

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And there we were thinking josh was done after his zen PnD.
Hes so toxic, he should get the FUD of year award for his contributions to this space.
“here my commit guys”, “hey guys, I’ve found the donut, the end is nigh”, “well u gonna fix it or what”.
If anyone thinks for a second he didn’t profit off of this you are either new to the scene or naive.

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wait a sec i thought we are in speculations thread so i presented a speculation (fiction) of mine never said it has to be thru or that it is a fact of some kind .
iam sorry if you and others understand it wrongly.

Btw thx for the explanation it has been much more helpfully that the previous meaningless attacks.

Are this “corrections” happening on regular basis with all coins at once ? or it depends on something special on which i should pay more attention like some markings showing that the bubble will pop or it is totally random. i understand that the bubble cant grow forever and it will pop at some point.

The “speculation” is on the price of ZEC. Not whether or not there’s some nefarious conspiracy being undertaken by the exchanges. That’s why you’re seeing the responses (not attacks) you’re getting.

There is a massive influx of new people coming into the crypto market right now. Jittery people who have no patience. Don’t understand (myself included as I’m still learning) everything going on around them. There are numerous reasons this is happening, not just one single reason. This is not unlike the stock market. There are lows, highs and flat out free falls. A lot of people thought “Oh hey…I’ll just invest thousands of dollars and by next week, I’ll be a millionaire!” only to find it doesn’t quite work that way.

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Speaking of conspiracies, it is funny how the multicoin dumps always coincide with Blockchain Consensus dates:
http://www.coindesk.com/bitcoin-events/

Food for thought…

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well another misunderstanding this time on my side.

i can see it on local marked 1 mouth ago there were plenty of 1060,1070 now there are just the high priced 1080,1080ti available even the pre-orders are cancelled in most stores since the cards which are “on the way” are already sold out and the prizes on aftermarket cards bumped for almost 100%
Iam really thankful for any advice since iam a new in this and will be happy if i can make at least 1 mount salary in a year, doing it as another of my hobbies since i can’t sleep at night due to my health problems

What side are you playing on shill.
Its clearly NWO pulling the str’s and you know it.
They’ve aligned themselves with the largest exchanges - gox was the test bed - to rob us all one more time before the imminent collapse of civilization and to announce their new one world currency, secure pepe cash.
Lets hope you got plenty of these, because a 3 month supply is simply not enough

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:joy: I need that laugh after the day I’ve had :wink: Thanks!

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@anon, now you’re just baiting them… :wink:

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No way. The lizards have infiltrated the movement already.
Get out before it’s too late :space_invader:

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:grinning:

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@anon, was this you? https://www.cryptocompare.com/coins/zec/post/p_87499

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lol no, but I salute whoever posted that.
Gates if you’re reading this, call A’gosta and tell him to call off the coup.
ZEC needs to live again!

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WTF is it going down?!? Last 24 hours -200 in EUR value for the BTC, why the hell does this has to happen just now that I invested, sadface/cry :(((

best advice i can offer: hang tight, and don’t lose your vision… this will be the second time i’ve made this type of post… first time was the sub @ $30 bloodbath. 2017 remains bullish, after shake-out is complete.

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indeed…early 2017 got 20 usd if i am not mistaken…LOL…ez

same idea, just a different price level.
usually takes an alt network around a year to find itself… we’re still really young. good times!

sorry bout the double post (new mobile device)

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hahaha…nice kek… i was with u on dat day…30 usd…and going down till 20 usd…

LOL…

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Yeah I have the same feeling I had those days.

lets hope it will get similar 1000-1500% boost this time as well. But now from 150-200 usd instead of 20 usd. That would be total madness.

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i dont think people will keep mining on zec if fall till 20 usd…since the diff is too high…if around 200usd shut be ok

Anon…i believe you

Well at least it stabilized around 2k tho didn’t fall back down. Hopefully tomorrow it’s going to start moving upwards. It needs another major event again if we want to see it going back to 2600…

I guess that we 've all invested on Zcash but i believe that I am one of the unluckiest investors.

My rig has almost arrived and costs 6.500 euros. I believe that I will get around 4.500 sols.

When this 170$/zec hell is going to finish?

Any experienced trader here to tell us his thoughts?

Thanx

bruh I spent a shit ton on mining gear but I’m literally hoping for double digit prices again…

What is being done by the ZCash people to ensure long term value and relevance?

I started mining a bit with 3 1060’s in januari and I definitely still have a very substantial profit, even at this price. Guess I jumped in at the right time.

You’re not unlucky coz you have money for investment. Many others not…

The day I started mining my rig was averaging $2600 a month, literally in few hours it all went downhill, 1600 a month, 1200, 800 and am now at $600. I haven’t even been mining a month yet, so consider yourself the second unluckiest around :slight_smile:

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When poloniex removes the damn yellow banner, that’s when it will go to moon.

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still up?!! considering nothing is/has been wrong with zcash network, or ZEC wallet; starting to think polo has been robbed.

They always have some “excuse” but they never say anything. Just sitting there quietly until all of a sudden problem is fixed, like nothing ever happened.

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IDK who is to blame. Yesterday, the same banner came up for litecoin on poloniex and the team solved the problem in less than 3 hours!

LTC team too said that there was nothing wrong on their end - just like in our case.

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they’re a crappy exchange! reminds me of cryptsy …prolly not a good idea to list so many shitcoins!

It seems like they want the price to go down… They could be planning to buy a lot of it and then dump it later on. Would not be surprised if that happened.

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I do not use polo. Only kraken since I am still a new miner/trader. What is this banner?

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They are saying the wallet is down so you cannot withdraw any ZEC from polo. They say something is wrong with the Zcash network but everything is fine. Must be something wrong on their end.

They have this crazy amount of coins in their portfolio. Maybe they should focus on fewer coins and make it work.

But then again the completeness of their exchange is probably a major unique selling point for them.

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Nice little rally today. I’ll take it! Upward momentum builds more upward momentum.

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rollin up… would be nice to see it back to 2200 eur by the end of the day

lol what?
Polo has nothing on rex, topia or the king of all coins of shit period, yobit

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Sorry my mistake. I recently watched This page in when it was linked somewhere on this forum recently. Thought it was about poloniex. I was wrong

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np. Love the fact polo still holds the pumpers, FLO and GRC :joy:

Starting next week, Bitcoin will be on the approved list of technologies that can move payments across the South Korean border. Fintech companies in the country will be able to obtain a permit allowing them to legally offer Bitcoin international transfer services. Also read: South Korea Sets Up Task Force to Determine if Bitcoin Needs Regulations New Law Making Bitcoin International Transfers…

Starting next week hopefully we will see 200% increase :stuck_out_tongue:

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Bitcoin never cared for borders.

Annual limit cap of 20000? Are they on high? Have they not seen the hundreds of thousands, to millions plus more traversing the network?

Well it just doesn’t want to go higher :frowning:

Maybe this is why it fall:

No wonder it is falling so hard.

The market has been bleeding heavily for the past few Fridays, so no its not just zcash alone.
IMO people panic selling zec at a loss for bitcoin and withdrawing from the exchange is more likely the reason for the constant down trend.
This won’t last forever but it may unfortunately go on longer than it should, in part due to poloniex’s poor communications with the zcash team.

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what a mess, oh well, now’s the time to get in and stock up on your coins

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If you wanted to sold, you should have done it at the UPPER LIMIT of the Pitchfork

Now, you have to HOLD …

In September, it is $490 GUARANTEED

I love your optimism :slight_smile:

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I never believed these graphs personally. They were never right.

Well, if people would have sold at Andrews Pitchfork Upper limit, thy would have made maximum profits…

The only problem here, is that the Low Trigger Line of the Pirchfork has been broken…

I would have prefer ZEC to stay above it

Now that zcash has been unfrozen on poloneix, reaching 500 dollars isn’t a big deal.

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i think 100$ first before 500$

you do know; that’s a very well done test pump, right?

EDIT - bad thing: the test pumpers temporarily ruined our (natural) accumulation.
good thing: pumpers have a lot of money.

Can anybody tell me please at least ONE reason why it should go up? All these v curr are pumped from outside with real money. They do not have any logical back up like stock market shares gold silver etc. All speculation Every minute hunderts of thousends new coin minned on the market in normall world it calls inflation. Money with huge inflation is worthless. Same will be here no matter which v currency we talking about all will end up on one big 0 USD :slight_smile:

Well it is not like inflation … the maximum coins are limited in quantity and it gets harder to create them.
Creating them involved work (energy costs).
Of course the main reason for the last bump has been speculation but not only…

First of all:
All altcoins relay to bitcoin news and value
Compare ETH with ZEC … the graphs look nearly identical.
Zec has a pro argument over btc if you like to pay anonymous and so switching from btc to zec is abserious interest for a few people.

The hard fork in the bitcoin universe will show if people switch to another coin instead. From a logical point they should use zcash : )

But mankind is not logical…
So what else then paying anonymous is useful about coins … hmm
Are you aware about the situation in Venezuela ?
Living there could be a good reason to even switch from gold to coins because gold is visible and the regime can activate laws which makes owning gold illegal. Happened in third Reich as well as the United States in the past (limited amount was still ok to own).
Than mankind started hating banks… for good.
The next banking bubbles are coming again. In Germany the prices for real estate raised dramatically while the credit rates are very very low. A huge risk to shatter Europe. Be prepared … I assume it won’t take any longer than 3 years to drop.

You should sell everything, right now!

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2001 Internet Bubble/ Dotcom Bubble
2017 Cyrpto Currency Bubble ?

I think so …

I don’t get the people who sell coins at market price… raise the selling price a little and wait. Only take the bid price when you need to.

That is not an answer to my quest buddy :wink:

2017 will remain bullish… : ) this was a literal test pump. 2018 is the correction year. been doing this for a minute kiddo! make sure you revisit this thread in october.

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What I miss is a bit more advertising of Zcash. PR news. What also could work is to provide a Zcash online casino with a “tiny bit” higher winning rate than usual. Just my 2 cents : )

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twin brother ???

i think so

  1. I’m not your buddy.
  2. Like shells, and beads; gold will be stripped of it’s monetary value, overtime. Gold belongs in your phone; not your portfolio.
  3. trading corporate equities is 100% speculation
  4. ZEC is a deflationary currency with low supply.
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why would you compare corporate equity vs a currency? how long have you been trading forex?

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Nice one AL888 but:

Check apple at 1999… this is what i would find realistic

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you’re treating a corporate equity like a currency… the markets are completely different.

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Agreed … I just used the curve I had in mind to visualise what “I” “believe”.
Of course on a shorter timescale… The flat Area between 00 - 04 is this month… Followed by a panic raise of Bitcoin holders (Fork) … than a short drop after the panic and than a raise which is based on more awares of zCash and more interest in it by investors. Just my 2 cents again.

Now instead of talking, someone should promote zCash as “secure heaven” during the Bitcoin Fork. It has to be mentioned more… People are talking about Ether more.

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; D nobody talks about the currency they’re buying in public, until they’re done accumulating!!

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Hmm… not the people should talk… but influencers can drive people into one direction. Like media… “Fake news” “true news” whatever news are manipulation… sometimes without any intention but they do motivate people.

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Think I’m understanding you, and agree… We have no marketing! Hopefully, that will change overtime. There’s been several VERY cool alt networks that have fallen by the wayside because of the marketing problems. XPM is one of those. Very cool tech, but NO marketing. Would’ve rather seen a zcash marketing department before the zcash foundation. Perhaps, that’s a job for the foundation.

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Did the zec price ever match eth? We are close

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ZEC exceeded ETH in value for much of the last rally.

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The so-called " Eiffel Tower " Pattern is not a true pattern…

Here we are talking of a Cup&Handle with a 50 % retracement for the Handle

Glossing over the sexism…that is still speculation. Unless you have insider knowledge and can predict the future, it’s all speculation.

I’m new to the world of the forex markets, but they do seem more predictable than your standard equities.

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what you just explained to me is speculation. facebook equity only has extrinsic value!

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FB’s worth is based on the attention economy, it’s a reality nowadays, marketing and attention are very valuable and I don’t see this changing anytime soon. Now, personally speaking, I don’t like this attention seeking behavior but I can’t ignore that it’s a thing nowadays and ZEC should definitely have some strong marketing to take benefits from this era.

The more it tanks the prettier it gets.

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``>invests in FB

``>says one gender is mentally retarded and that their number is growing

``>pitches stasibook as a promising investment

Not only is stargate delusional in terms of what amounts to a good investment, they choose to lash out at a gender as a coping mechanism to deal with the fact that they’re still a virgin after all these years. Much wow

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Time factor matters. It took only couple of years to brake even for someone who bought btc even at the height of the gox bbl and held but buying on top of dot com bbl would mean like 15 years under water iirc. But of course it depends on the coin, zec being actually useful. But yeah, in the beginning zec was quite expensive, those that bought back then will probably have to wait more than 15 years to get back their investment. :smile:

Now it seems BTC is rising hard and ZEC isn’t

Even when ZEC rise, difficulty still there so not a big deal

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ZEC is still around 0.08 so yes it has been rising with bitcoin.

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What’s happening? ZEC and ETH are definitely moving faster than BTC.
ZEC now 0.093 BTC

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I’d expect a lot to move faster than BTC these next few days. Uneasy time for BTC currently…I could see people moving some of it into ZEC and ETH, raising their prices.

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Already moved :upside_down: 305 vs 642% profit ratio

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Zooko has been posting some weird stuff on twitter. I don’t see ZEC moving up along with BTC unfortunately. Time to clean the house devs, make a decision, do more positive marketing (ETH model), and be quiet unless you have positive things to say, all I see is doubt right now, no good.

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WTF ?!?

Changing Monetary Policy on a Whim ?

This will HURT ZEC price…

Come On !!!

This is why I dislike Twitter as there’s zero context to this post and could mean just about anything.

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Well if that is the case would it be too much to ask to have the full explanation linked or posted here?

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I think people will be happier when ZEC = 0.16 BTC like it was 1.5 months back. It is half now and I expect it to recover to its original value ($410) very soon. Then it will hit $600-700 in no time.

Mine and HODL.

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So people are still QQing, I sold all of my BTC on 2360eur with some profit. Not risking of Aug 1 :wink: Since then it’s beating around the bush in that price range. I think it was still a range where many people can quit without losing. If I would have buy it on 2600 would be still holding on for them tho.

I think that there will be some interesting events coming up on the week of aug 1. Governments Usa/India/China/Russia hate bitcoin because they want to control everything, it would be a great opportunity for them to try to destroy the currency. Who knows maybe NSA is working hard on it already :wink:

If BTC reaches 5k next week I will eat my dick on national television

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lol, you are so funny, why not 100?:))

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I may sound funny to you now but remember, it went from $26 to $410 faster than you think.

Damn you dude. I doubt people would want to see that.

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ZEC has never been below $20 USD right?

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I was giving an example. It went as low as $26 this year in February.

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I really do no why every one sell zec so cheap! I lose almost 9 btc! Now i am not a big fan off this currency! Developers sleeps this days, no official windows wallet, no new thing, no article, no collaboration. That’s why people don’t trust zec. For what? You produce daily less then eth with a bigger cost of electricity! Developer’s need to do something, if not their 20% zec volume will be worth “sand”.
I want to see it more expensive than eth, it’s normal! For everyone else who sells zec at 0.7-08 i wish you a lot of “luck”

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You do have a point that the Zcash team can do a better job on making the widespread adoption a bit easier, also a bit of marketing wouldn’t hurt.
I’m not sure what they are doing now. But I think they where working on improving the tech in the backend first. They have always said it was an experimental project.

Maybe I’m a bit inpatient, but I’d like to see more.

They could be using the founders reward/zcash foundation to fund project that will push a widespread adoption of the currency.

But that’s just my two cents.

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In other news, Dash just surpassed Zcash in terms of price.

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Anyone know when a major update to ZEC is going to happen? Like when we will be able to use z-addresses without the huge memory requirement?

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Today we will see a minor crash of at least -100eur from btc price, have a good morning for ya stupid jenks europeans are up and running already :smiley:

One of those dreamming spectator

Under $190. Damn, I figured we’d stay above $200 this time

road to 30usd…LOL…soon…

patience pays off

goldman is in the market, and completed a test pump. listen to GS, because they have the best incite into bitcoin markets that money can buy (they pretend to do T/A after they pumped the market)

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any news for zec?keep crash…any words bro to share with us?

At least it is not just zec going down… eth is going down more by %

swings in both directions: we’ll continue building support in the $200 range for another month, or so. sept/oct ZEC markets will be very exciting, imo.

ZEC keeps “crashing” because it’s following the rest of the market. ZEC is not dropping on it’s own. It’s a byproduct of the overall market.

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oh…even crash but diff still maintain

we’re cutting into bone @ these levels… honestly hope we have a nasty rebound up; so the people panic selling here get priced-out of ZEC

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Are you still confident in your predictions @kek ?

yes! 20 charactersss

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I am curious about your predictions. How do you come up with them? I am trying to find a way to predict also but I am not sure where to start with long term predictions. Short term I think I got the hang of though.

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The sky is not falling…prices change…long term strategy pays off when the business model is sound…though I’d like to see more “hype and sizzle” from the ZCash people when it comes to marketing and building brand awareness.

Couple of months ago zec was worth more than ethereum, now even dash is costing more.

I’ve always put my faith in zcash, but at this rate, it’ll be costing less than litecoin

Buy orders under 0.07 BTC —> High probability reversal

If it gets less than litecoin… there is something wrong with either the coin itself or the team. I don’t see problems with either. Dropping to less than litecoin is a very very strong indication that something is really wrong though.

No disrespect meant here, but I feel like your faith was in the profits of ZEC. As with a lot of newcomers. Those profits have gone from short term to long term now. The current price of ZEC would really only pose a problem for those interested in short term profit.

I can totally understand this because while I was originally looking for quick cash 4 months ago, I’ve come around to more of a long term investment and have ZEC at the top of my list. As I’ve stated in other threads as well, ZEC as a whole has come a long way already and achieved what most coins take years to accomplish, in less than a year. This coin is not even a year old yet. All of this gloom and doom talk when ZEC isn’t even the only coin suffering. It goes up and down with the rest of the market. It has seen some steep drops yes, but it has been consistently around the $180-200 mark for nearly 2 months now.

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I suppose the same doom and gloom should be applied to BTC as well (the culprit of this drop again)?

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analysis, analysis, analysis. always been good at finding value in different markets, and estimating with high confidence in true market value of whatever is being traded. i’m a long term position trader, meaning i might not adjust for months on end. long term analysis is dependent on fundamentals. fundamental analysis is (basically) behavioral economics used in conjunction with game theory. this is a very short answer for a subject i could write an essay on.

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None taken. I promise you i’m not trying to be pessimist, I’m still hodling zec, and not for short term, not at all, neither worried about current profit. I just get my moments lol, first big investment here.

I’m in for the long haul :muscle:

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I can appreciate that because I’m in the same boat. I really screwed the pooch so to speak with BTC. I was a very early adopter and I gave up (stupidly) very early on. A couple of years later and I was kicking myself :wink:

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Well, it seems life has given you a ZECond chance. Together we stand, brother

HODL!!!

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How much % are you pure cryptos? Do you diversify, be it indices, fx, equities, futures and commodities?

(as-of-now) off-top-of-head:
vested in cryptocurrency - 70%
fx - 20%
commodities - 10%
always on the look-out for neglected markets, or markets with potential, so prefer to have money in highly liquid markets like fx.
do invest in metals (copper/platinum).
do short gold futures when the opportunity arises.
mostly out of equities because I feel they’re overbought, but will move in after a nasty blood-on-the-streets multi year correction. do own shares of AMD, tho …and bonds are boring to me!

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Diversification is overrated imo. Exception being if you are a algo trader/quant. Then it is best to diversify by using many different trading strategies. But as an investor I see no point of it, to get great ROI one must find a great opportunity. Rarely one is able to spot several great opportunities at the same time.

love finding a market with potential, concentrating resources, and building a large position over time! a lot of people might look at 70% crypto like it’s crazy… i’m no whale, but crypto has been very good to me… zcash included. if i feel like another market has more potential - i’ll move!

DASH price is more than ZEC now. Is DASH more interested than ZEC for investors?

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Dash price increased because they released an official app for iOS which is big. We need official iOS and Android apps to boost price.

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I think we have to continue dreaming about that for ZEC haha

Guten f*cking morgen.

And Today we will have the BTC keep rollin down down down, under 2K :stuck_out_tongue:

https://www.youtube.com/watch?v=brdqJ29PQac

Maybe all the way down to 1900EUR

As of right now the price of ZEC is loosely connected with the value of BTC. I don’t see why a lower btc value is good for zec. Zec is too new and dependent to hold its own value IMO.

@Blue in a way it would be great if it was 100% tied to BTC at least for it’s infancy, but when bitcoin first hit around it’s peak, ZEC was 300 - 400 usd, but now, when bitcoin raised again close to those highs, ZEC only rose to ~200 and now under 200.

I’m still mining ZEC but of course it’s a bit demoralizing to see it fall to over half what it was worth, but that’s crypto for you.

you want to wager money on that?

That is true that ZEC has not jumped in price with Bitcoin. There was a lot of fiat pumped into Bitcoin after the Bip91 adoption. But now there’s the UAHF which is lowering the price of Bitcoin right now. Anyways, there was a huge influx of capital that moved to Bitcoin and no other currency. That is why only Bitcoin went up and everything kind of stayed the same or lowered. I can see ZEC moving up easily IF there is a new update that allows users to use Zcash in a new way… aka z-addresses. I know I talk a lot about this but I am believe that Zcash has to use its anonymity as its strong point. Once people can use z-add you will see ZEC shoot up. I know there is a new update happening next week but I don’t see it affecting the price as much (unless I skipped over something major in the updates).

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I thought the the update had something to do with performance improvement with shielded transactions. I don’t see that doing something real with the price on short term. but in time it should make ZEC more useable on mobile platforms.

It would be awesome to see viable applications on IOS and Android.

I think update will be released on monday. Lets hope it is groundbreaking :slight_smile:

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Indeed, mobile support will boost visibility and usability.

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Dash has better PR. They spend a tonne on marketing, have a dedicated team and everything, with dedicated shills paid by Evans premine stash, including ABJ, Cash Alternative, Dash Nation, Dash Force, Charlie Shrem, Jihans jesus, plus many more

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Appears we share many similarities within our own portfolios; can’t say I’m much surprised as we appear on a similar wave length.
Speaking of equities, not all too hot on AMD.
Then again I’m vested in NVDA seeing as from own experience and public records, they are more efficient in terms of price per watt, are already expanding in the mining arena with dedicated cards (AMD are also but NVDA broke first), their teslas are heavily bought up for ML / NN, I could go on.
BABA is way undervalued. Wouldn’t put it past me to see it reach half of what Amazon is as of current within minimum next couple years, max 5. When chyyna becomes the next world power, things could get srs fast.

Dash is a scam, I’m sorry to inform you. All they have is marketing.

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Indeed, Madoff also had great PR/marketing and a dedicated team.

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I can say same for my iPhone. $150 phone sold at $800 plus

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Think you missed the reference, re Dashs founder buying shills and one of their trusted followers known in the Bitcoin community aka big blocker, Jihan jesus pumping “digital cash”. Sorry, but you’d have to be part of a cult to buy into this ponzi. They only have skin in the game because they throw money at pretty faces, who in turn, return the favor in pitching dash like its going to take over the world.

Difference between scam and arbitrage. Afaik Apple never falsely claims that iPhone has some features/specs it does not have. Not that I would ever buy an apple product anyway.

0.067. Youch.

I saw my Zcash drop from 0.15 to 0.09 while evil poloniex locked my deposit.

Bought back in at 0.08 thinking it was the bottom.

Just how low do we think Zcash will go? There is a lot of anti-Zcash sentiment on the various anoncoin groups I frequent. All of it stemming from Zooko posts.

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Zcash is a good buy right now, you can risk to put orders between 0.0600 ~ 0550BTC for a final spike down but we’re in reversal zone finally.

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I waiting for this new update to launch and sky rocket the price.

If they’re market savy they’ll release that at the very bottom.

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It will be released 31st of July. I don’t really see a benefit of releasing at bottom dollar since the price will go up. Why go up from 0.055 when it can go up from 0.065

they need something to glom onto. all anoncoins outside of ZEC are garbage, and they know it. doesn’t really matter what the crumb snatchers think… they’ll continue to lose market share as we gain. this will become more obvious over time.

current version of ZEC doesn’t even scratch the surface of what ZEC is capable of… we’re not even a year old! XMR is basically an afterthought, and dash is dash…

zcash needs some news… market is craving news, or announcements of some sort… the blog was good, but more is needed

WE NEED MORE USD VOLUME - amazes me with all the big name people that invested in zcashco; with all their connections… cannot get us listed on more legit exchanges… USD voulme is brutalizing ZEC… needs to be fixed

-.- volume

think about it - US tax payers, in a way, helped pay for zcash protocol development via research grants… how messed-up is it - USD is sidelined? kinda ironic

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Perhaps. How would you respond to the common FUD that ZCash is a private US company, so if the fed Government subpoenaed them for user IPs, they would be forced to hand them over.

Goes hand in hand with Zooko’s WannaCry post.

So I wonder - what type of anonymity is ZCash aiming for? Is it mainstream anonymity (ie hiding money from a spouse, or buying embarrassing items online)? And if so… how will the market react - will they accept this? Or will they flock elsewhere (ie Monero gaining big traction on the Darkmarkets while Bitcoin remains the king for visible transactions).

The centralised nature of ZCash confuses me a little. I’d love to hear some examples of why end users would be keen on an anonymous currency which actively roots out illegal behavior. I’m sure I must be missing something about ZCash’s potential here.

Zcashco is not Zcash. Zero Electric Coin Company is Zcash’s Blockstream … Anybody can build on Zcash.

Nobody talks about illegal shit, because we’re not doing illegal shit… Anybody that talks about illegal shit on a public forum is a dumb criminal anyway.

Not sure where you’re getting ZEC is centralized from? there was no premine, so distribution is very good, almost too good because it’s difficult for a single MM to move these markets (unlike all other alt networks)

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You’re right. I misspoke about centralization.

I guess what I’m saying on my other point was - who is it that requires anonymous technology… outside of “criminals”?
what are the more legitimate uses of anonymous transactions?

I mean, wouldn’t it be analogous to the Signal messaging app being “completely anonymous”, unless the US Government wanted to read your messages?

I suppose that’s what I find odd about ZCash… it seems happy to admit they it’ll work with the Goverment and within their requirements. Is so much trust in these institutions a good thing? So many tech-based privacy movements have recently been going the opposite way (ie Signal app, WhatsApp, iPhone PIN locks etc). Should we allow crypto to become another tool for big brother to decide what is and isn’t worth looking into?

Honest question by the way. You seem like the big cheese with all the knowledge around here. And I’m probably missing other tremendous benefits of ZCash.

I’m fairly new to the scene and have been looking into all the anon coin projects. I see an awful lot of FUD about ZCash compared to the other coins - which always stems from this concern about big brother.

: ) i’m not the big cheese, just vociferous, but thanks! i do belive governments, and large financial institutions will find interesting use cases for ZEC (additive manufacturing comes to mind)… companies that use bitcoin for payroll (bitwage) may find ZEC useful… and the darknet will also… alphabay was going to list it, and shadow brokers’ dump service has used ZEC (even found a use for the encrypted memo field)… this is off the top of my head. sure i’ll think of more randomly throughout the day

That’s a really interesting point about payroll. Potentially enormous benefit of ZCash… really helps me understand what Zooko meant.

I’m not sure I quite understand how the zero knowledge protocol can be beneficial outside of financial transactions yet. I obviously have a bit of reading to do.

I’m considering waiting until the very end of the month and changing all my BTC to ZEC. This BCC snapshot business looks like nonsense, and with any luck it’ll be the true bottom for ZEC.

I love your passion about this coin. It’s quite a technical coin compared to many others - so it can be quite difficult for the punters to see what makes it special.

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DON Innovation: Block Chain imo, something like this is right-up ZEC’s ally… this way military can open public bidding with different manufacturers to fill contracts… companies would be able to anonymously bid/pay in real time, etc … ; ) i could get real deep into this, so, i’ll stop bothering you!

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No, not at all. It’s great to see some smart/insightful comments on ZEC’s technology.

You mentioned that anybody can build on ZCash. HUSH comes to mind.

Would someone like the NAVY not just fork ZCash to benefit from the technology? Kind of like how XRP might be great for banks, but these is a strong belief that banks would simply create their own blockchain using Ripple technology? When this scenario happens, aren’t XRP/ZEC holders left out in the cold?

Wouldn’t ZCash need to find its audience with end users and entities who don’t have the resources to create their own personal chains?

Appreciate your patience with these questions :slight_smile: I worry they sound like FUD. Certainty isn’t meant to — I already see tremendous value in the ability of businesses to process their payrolls anonymously into employees z addresses.

Today is the first time that I’ve seen the BTC price go in a different direction than the majority of the altcoins. Just an observation.

this is normal after major BTC corrections!! when BTC rebounds ; people convert their alts to BTC for a quick scalp. money always returns.

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anybody can fork zcash, but they cannot fork the scientists, development/engineering team behind zcash! also, the current version of zcash is vanilla… there’s cool research behind the scenes, like STARKS, and snarky signatures, etc … here’s a newer one I’ve just started reading Snarky Signatures: \\ Minimal Signatures of Knowledge from Simulation-Extractable SNARKs

EDIT - when i said build on zcash; i meant build within zcash ecosystem… for example, if i was a competent developer; i would build my product on top of the existing zcash blockchainl, not by forking zcash…

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Why does Amazon spend top dollar on Google’s advertising service and not simply create its own search engine?

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Wave 2 of a New Elliot Waves Cycle

First Cycle finished.

Correction A-B-C brought the price at low of Wave 4

Which is EXACTLY how it was supposed

IMG_3453

Only for Zcash or? Can you explain these predictions?

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I still can’t shake my mistrust of technical analysis. It’s too close to apophenia for my liking.

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I think these graphs are good to look at the past, not the future. Crypto trading may seem very much like Wall Street but like you said technical analysis of crypto does not work for me. It is too volatile.

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My ZCash Technical Analysis is based on the Elliott Waves Theory Principles or Theory…

  1. Every big Uptrend should be divided in 5 waves.
    Wave 1, 3 and 5 are impulses and waves 2 and 4 correctives.

Wave 3 and 5 should correspond with the peak of AO indicator ( exactly that )

  1. Wave 3 should be the first very important move up ( bingo )

  2. After Wave 5, a 3-Waves corrections should bring the price at the LOW of WAVE 4

Guess where the downtrend stop !! Exactly there

So we just did a first full cycle of Elliott Waves …

IMG_3381

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If the next big move brings us to 318 USD before a Pullback, I hope you will believe in TA then

Interesting article…spread the word people…

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My guess is that many of those who are actively and publicly attempting to discredit zec are actually accumulating it. It’s logical. But facts are easily accessible for anyone with an Internet connection. Zec has the best team and the best technology of all crypto, hands down.

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I’m all bout the better tech and better team and I’m confident it’s true, but it’s all I seem to hear from our side.

Please don’t assume that ZEC will be successful in the MARKET just because of the better tech and better team and better product.

DON’T let that make you comfortable - “oh we’ll be the best because we’re a superior product, so no need to worry”

History is littered with “better tech” losing out due to poor PR/Promo/Marketing or Poor user/market adoption.

Just my .02

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HTTPS didn’t need PR.

@politico is right, @HumbleGuy … it’s like you can be the best artist there is out there, but if you keep painting and don’t show your work to other people, you will die an unknown artist.

So yes, of course we need a great PR team, good promotion and marketing, but you know what will make those teams lives easier? Having such a great product to sell.

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@HumbleGuy thats true, but wasn’t HTTPS it the only logical step? and the s stands for secure right? I’m not really into that, but I wouldn’t be surprised if there were multiple considerations of different technologies to implement for HTTPS.

Or is it just a platform that supports encrypting traffic in any way you see fit?

We definitely need more people to understand that the tech is valueable.

VHS became popular because of marketing when Betamax was the better product! Microsoft OS’s became popular where the same, never the best, just sold to the right people in the right way.

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Well, I guess privacy and anonymity is different and cannot be compared to those other products. So with all their wonderful PR, how come JP Morgan didn’t pick Monero or Dash to collaborate with?

EDIT:

But they were both eventually beaten by laser. In other words, we have dash - VHS, Monero - Betamax and Zcash - laser. To be fair though, VHS, Betamax and DVD all let you watch movies while only Zcash actually delivers privacy/anonymity.

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HTTPS also has nothing to do with the mainstream world at large. The only people concerned with https vs http were nerds - no one else gives a fuck bout that shit they just want their website to work fast, be easy to use and look good. I’d bet 85%+ of all internet users didn’t even notice the changeover on their fave sites.

Audiophiles will gladly buy $5000 speakers and headphones and only get FLAC or Vinyl cuz of “better tech/quality,” but the world at large was just fine with shitty iPhone earbuds with low bitrate MP3s despite being absolutely horrible in comparison. At MOST they all wanted $300 beats headphones. Cuz of the tech? HELL no, they suck. But they’re cool and talked about and get the job done decently. They give someone status to use and be seen using.

And I’m assuming we all want mass adoption of ZEC right? Otherwise why are we doing this? Do some just want this to be a niche coin?

I don’t. I want it to be bigger than bitcoin - you still ask 10 random people off the street what bitcoin is and 5 will have no idea, and 2 will only have heard of it in passing.

As for Zcash, we’re hella new so no one knows about us. And if the FIRST things they hear about it are other crypto fanboys BASHING the currency, that first impression will last.

The point is - only the hardcore in anything care about the tech/quality. The mainstream will want whatever OTHER PEOPLE tell them about.

We need PR/Marketing to really make this work. And it needs to start FAST. And I’m sure the team knows that and has plans. My thing is just don’t assume Zcash is gonna win on tech superiority alone. The odds are massively against that happening.

EDIT: Hope I’m not coming off as a dick, I kno it looks like that sometimes. Jus passionate that’s all. It’s all love.

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It’s not like zcash competition (if we can even call it that) has some low-quality but cheap anonymity features to offer that almost everyone will be using instead of zcash and be able to do ‘sort of’ anonymous financial transactions. There is a reason why JP Morgan partnered with the Zcash team in particular.

:star_struck:

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Good point, but couldn’t it be argued that XMR is that low-quality and more widely adopted competition? First mover advantage is a real thing in the market. And the fanboys shitting on ZEC without a balanced opposite view won’t help.

I hear what you’re saying and I agree with you - we’re the best coin out there. And there is definitely a thriving community here of people who kno wussup. the fact remains - we should want mass adoption, not niche use.

Blockchain is the future of the world economy imho. ZEC has the potential (because it’s a good product, if i can call it that) to be in the top leagues and a widely used, mass adopted form of currency around the globe. but the detractors + lack of positive PR out there are leaving people with bad first impressions. And that has the potential to limit our growth in the long term.

The JP Morgan news is exactly the type of stuff we need happening and getting the press (and people) talking about. Not sure if it’s a coincidence that the ZEC price skyrocketed on the very day of that announcement.

There’s a couple members here who are doin a solid job of trying to help with the PR problem and I say salute. Hope there is a bigger marketing/pr effort on behalf of the team/org behind Zcash sooner rather than later, though.

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We need Antonio Banderas ASAP!

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I am surprised how stagnant the ZEC market on Kraken has been today. Been bouncing b/t $189 and $191 since last night. And there have been no shortages of buyers either. Big orders just sit there getting whittled away until the next one comes in. Just an uneducated observation. :wink:

It’s all because of the HODL. People think the price will magically go up if they hold onto Zcash.

wait… u mean it wont? :stuck_out_tongue:

People obviously are not HODL if the orders are fulfilled. They apparently don’t know what HODL means.

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Hi kek. In long term, say after 2021 onwards when coin circulation of zcash and bitcoin is similar in quantity. What is your view about the price ratio zec and bitcoin ? Do you think zec = 0.1 btc would be at the minimum ? or do you believe zec might reach parity with bitcoin as more people would prefer to use zcash for privacy reason ? or might be just 0.5 btc ? I am interested to know your view.

No magic, just good ol’ law of supply and demand.

Volume of Zcash would be much higher if a lot more people traded that’s what I really meant. Usually higher volume could result in higher prices due to supply and demand. But since Zcash is so new the full potential of the coin isn’t fully implemented. So HODL is the name of the game right now since the value of the coin will increase once the coin is using its full features.

About 15 million / day worth of zec is not being hodled at the current price (~190 / zec).

Maybe I am too optimistic right now then. Probably in a few months or so things might change.

; D give me a second! i’m really good with working @ year scale… but, that far out is really difficult to forecast with great accuracy (too many variables)… but i’m having fun thinking about it… so, i’ll make an attempt for fun …but, would like this to be somewhat accurate, so i can come back here in 2021 to revisit the prediction.

side note - believe i’m going to raise my price targets, and give clearer dates here in a minute… just need confirmation on something before i post new targets

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Sometimes I am not that interested if we value bitcoin against any fiat currency. It might be one day 1 bitcoin equal to USD 1 million because of hyper inflation, massive money printing, war etc etc. Who knows ? But it seems most people are very keen to know how other crypto versus bitcoin in the future. I got a feeling zcash might be as strong as bitcoin in future. I just see no reason why people want to do any money transaction with bitcoin as it would have no privacy (all are open public ledger). They can just use a normal bank then. But let’s have a thought about it.

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Zooko illustrated bitcoin as http whereas zcash as a https. If we look around these days, most websites are in https format including the simple one. I think people has a feeling of “more secure” if their information is encrypted but it might not be needed or necessary but most people prefer anyway.

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true most websites switched over to https, but to give zookos analogy a bit more context, imo (as a digital marketer by day) the majority of websites only switched over to https because Google said https would be given higher trust signals in their search algorithms than http websites.

And everyone wants to be on Page 1 of Google, so they switched. If that wasn’t the case many (including myself) wouldve stuck to http in a lot of cases.

If it wasn’t for that additional value Google gave webmasters who used https, who knows if there’d be as wide spread adoption of https - especially for the simple/small websites.

So maybe for the ZEC mass adoption to happen on the basis of bitcoin = http, zcash = https - we need some sort of added value to the overall market outside of what’s inherently valuable about the tech. We need institutions to say, look you can use bitcoin but if you use zcash you’ll get more value from us.

That will definitely drive mass user adoption.

Similar to the JP Morgan co-sign of zcash blockchain technology. Or the fact that AlphaBay was bringing on zec as an option.

Now if that happened, and Alphabay took it a step further and said:

“Hey zcash is more secure and a better option than bitcoin. You can still use bitcoin, but if you use Zcash you’ll get a 5% discount on your purchases.”

That type of shit wouldve taken us to the moon. And we wouldn’t have ever come back down. We absolutely need this type of stuff to happen.

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Think future pump will be institutional demand. Many of their clients will probably not even know that they bought zec.

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For More Information - Google Online Security Blog: Moving towards a more secure web
In the near future chrome is going to be hightlighting in red the http so there is actually gonna be penaltys.
They are forcing users to realize http is simply not secure and wake up those lazy goverment IT worker that are not keeping them self up to date.


Many website in switzerland with millions of visitors a month still have http only websites and I really thinks it’s a shame!
3 examples:
The official website of geneva is with http → http://www.ville-geneve.ch
The official website of canton ticino is http → http://ti.ch
National Tv company is not secure → http://www.srgssr.ch/ (billions of pages a year!)


I totally agree with you. The more zcash brings actual benefits the more it’s going to be recognized.

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Full Technical Analysis of ZCash

Using Poloniex ZEC/USDT
Using Kraken ZEC/USD

  • Using Classic TA Pattern
  • Using Elliott Wave ( We are in Wave III of Cycle II )
  • Using Fibonacci Retracement Ratios

All Tools are saying basically the same thing.

The End Target will be between $479 - $490 USD

( End of Pattern, End of Wave 5 )

Meanwhile, you will see a Rapid rise to $318 - 330 USD with a quick retracement to $260 USD

If you want to trade it there, it’s your choice, but be quick…

Wave 5 will give you $479-$490 USD

Which will be a good price to sell before ABC correction again

IMG_3516IMG_3515

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Hey,
What do you think about Ripple or an other cheaper crypto to invest in pls :slightly_smiling_face:

This is a zcash forum. Best you ask about other coins on neutral forums, like bitcointalk.

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Would you buy BTC right now? It’s just too freaking high. Tomorrow it’s still the aug 8 segwit finalization day.

Zcash seemingly not tracking the BTC price anymore.

Just came across this one… https://mobile.twitter.com/wikileaks/status/894449939354398720 WikiLeaks now takes contributions via the provably private #zcash crypto-currency

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Now this is something the team should be for. I am going to guess every other coin like Verge and Monero are fighting for this takeover and trying to bump Zcash off of it.

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Thank you I did not notice it yet.

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“The 4000 bitcoins sent to WikiLeaks’ public donation address add up to almost $3 million at today’s price, though the media organization received most donations throughout 2011 and 2012 — when the digital currency was worth less than $10. A rough estimate of total donation value suggests WikiLeaks received a total of over $177,000 worth of bitcoin on the public address.”

Yes it might helps with the popularity of Zcash. So you still having that 400$ end of the year ZEC goal huh? I would like to see something like 600% more increase and from BTC -after all what we saw- I can still imagine. Something what you will never see on the stock market…

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somebody posted “eth will hit $2000” in cointelegraph yesterday… and got me thinking … believe that might happen, but the next cryptocurrency to hit +$1000 will be zcash…

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Amén to that, my man.

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I’ve been considering exchanging all my ETH to ZEC. It has a $60 difference right now and should correct in the next weeks. Do you guys think it’d be wise?

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IMO, ZEC will take time to go up until positive news releases.

Ethereum Technical Analysis.

  • Flag ( Falling Wedge ) BreakOut with Rebound
  • High Volume on Breakout
  • Target with Technical Analysis Pattern : $470

Elliott Wave 5 ( From Cycle I ) = Extensions typical of Commodities and Currencies Market

ABC Correction = Low of Wave 4 ( Typical Retracement of Bullish Market )

Currently in Wave 3 of Cycle II with a Target Price of $376

Wave 4 will rebound near the $300 Support

Wave 5 Target is $470.

The Following ABC Correction should, then, bring the price to $300 again.IMG_3533

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Same :slight_smile: :blush:

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A very wise consideration indeed.

Edit: Anyone who can with three words explain ETH value proposition ?

I can try with zcash: anonymous financial transactions.

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ETH: Bailout centralized pyramid

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ETH : Decentralized Smart Contracts

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Freewallet.org Ethereum Bank
Freewallet | Address 0x7ed1e469fcb3ee19c0366d829e291451be638e59 | Etherscan *

Value of 233,799.56 $
They do the same with Zcash, Bitcoin/ Cash and lot of cryptocurrency

Where’s the decentralisation?

Wave III - Cycle II

Enjoy the Easy Ride to $315-$330

IMG_3537

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Not too fond of the market cap or volume exhibiting from Zcash. After the update in September is when I think it will go up.

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Going Up today

IMG_3547

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It should’ve went up awhile back :sweat_smile:

iam really curious how make these predictions not that i don believe but nor really understanding this analysis stuff …btw do you have some web page posting it i would definitely subscribe it

Wave III ( of Cycle II )

Is a POWERFUL wave… just look at that

Target : $320 before pullback

IMG_3556

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Be sure to charge your phone before we hit 400.

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Wave III is Strong !

IMG_3572

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is there anything besides this elliot cycle, that explains this rise? or could it be yesterdays wikileaks news has its effect?

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@carlosabia I’ve exchanged my ETH to ZEC with a 64,5$ difference like 1 hour before the KABOOM :stuck_out_tongue:

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Even after a few years this market amazes me (not only ZEC market, the crypto in general).

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So Far, So Good.

Quick Survey.

Will You :

À) Sell at 320 - 330 and Buy again at 260- 265
( Ride Wave 3 and 4 )

B) Sell at 479 - 490 ( End of Wave 5 avoiding ABC correction )

C) HODL forever

IMG_3583

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I want to play securely so I’ll probably sell at 320 - 330 and buy again at 260 - 265

HODL forever baby :sunglasses:

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both - hold what i mine, sell what i just bought at a nice price, then buy back in again

Proving @TheSchramm analyses:

https://www.investing.com/currencies/zec-usd-technical
https://www.investing.com/currencies/zec-usd-technical?cid=1029170

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Right that order. Perfect.

It’s possible but doubt it’s WL news or it would have pumped right after the announcement like it did with JP Morgan. Fact is that Zcash is still a bargain. That it’s #17 on coinmarketcap shall be enough to discard the efficient-market hypothesis.

Haha nice. I should’ve pulled the trigger. It’s at $55 difference right now and am considering exchanging it all :confused:

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I think we need more volume for zcash. I notice zcash volume has been almost consistently above monaro and below dash. But I notice today zcash volume is higher than dash. So I think we need more people, more small banks, more big banks( JP morgan etc etc) to use more and more zcash then $1000/zcash is fair even cheap.

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\o/ yisss moar volume!! our volume has been consistently (roughly) double XMR’s, but we’re usually close to dash… but today/yesterday we’ve really started to clearly beat dash! this continues, we’ll be looking pretty, very fast

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looking very nice right now but does not matter because it’s a roller coaster. Gotta ride it out

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Agree Kek. I wish zcash volume is not only above Dash but I hope it would also surpass Litecoin one day. I wouldn’t expect too much to surpass ETH or BTC as they are too powerful because they are used as a gateway of many cryptos.

LTC/ETC, etc …have lot more time under their belts. unsure any of them had the volume we have in their first year. certainly not even close in regards to exchange rate. we’ll be up there with them by next year, imo

@TheSchramm
Any new movement?

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Let’s Hope. With this volume, I am not sure either if JP Morgan has already used zcash within their regular business. They might still be working to integrate their system with zcash or do some testing etc etc. The volume should be much higher in my view. We are talking hundred of millions at minimum just from JP Morgan per day, if they are serious to implement zcash. And that’s only from one bank.

The aren’t implementing Zcash right?

I thought they were implementing zero knowledge proof on their own blockchain, and asked Zcash Co to help them with that.

I could be wrong, but that’s what I have been thinking for a while now.

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Yeah, not like they are on poloniex buying zec…

believe you’re correct

Chart looks fine to me TA wise the only thing that worries me is the foundation liquidating parts of its ZEC holding. I know this is a necessity but I am worried about all that sell pressure.

I might be wrong, so if I am, someone correct me please, but based on what @sappig said, JP Morgan didn’t invest in Zcash, but in a part of it’s technology and applying it somewhere else?

Correct.
I think there was a big increase in price at the time because of the fact that such a big player likes the tech in Zcash, and wants to use it in their own way.

Makes me trust in Zcash’s tech.

Yup

As Soon as the Flag/Pennant breaks, we’ll be at $290 IMG_3592

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So I should sell at 280 - 290$ right? :slight_smile:

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You could, but Wave III could / will probably go to $315 - $330 before wave 4 low at $260.

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imo, europe won’t exist in 2 decades. good luck!

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europe or euro? TWO really different things.

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There is definitely going to be some changes in Europe. we’ll see how we will end up.

But for now it is really irrelevant. price EUR/BTC VS USD/BTC doesn’t deviate much from the actual USD/EUR rate.

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Are we talking about the EU?

Europe = continent
EU = European Union

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EU and Europe are closely linked as europe is the physical location for all EU countries (including aspiring countries and the UK)

that said. What happens in the EU has an influence on Europe one way or another.

Only because physically they are in europe doesn’t mean they are the same thing.
To make a comparison → Canada and North America.

I’m european, I live in europe but I’m not from the EU and hopefully switzerland is never going to be part of the EU.
EU does influence our economy and we do exchange much with them but if the EU falls apart, swiss would most likely have benefits from that (like WW2).
If EU goes to war many countries in europe wouldn’t be “at war” and most likley nations around EU states would defend themselves from EU countries that would claim any rights of passage or possible threat.

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I understand, I’m from the netherlands. And I definitely like free passage through swiss and many other benefits the EU have brought (even to non participating nations)

But we were talking in this context that things will be changing in europe in 2 decades.

If EU would fall apart for whatever reason, it will effect even swiss.

But let’s get ontopic.

Your prediction is just funny I hope you can at least try to explain it clearly.

imo, both… unsure europe has the tools to deal with the things they face.

this isn’t the spot for debates like this… i’m not usually wrong about these things, tho

once the founding stock of a civilization is gone; civilization they created dies too. this is the normal human condition; not specific to europe.

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And the Nazi scum shows up even here. So sad…

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Everyone loves zec. Time to buy some cheap coins.

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IMG_3614

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Hmmmmmm, is glass half full, or half empty :slight_smile:

Good time to exchange BTC for ZEC. It’s at 0.064 :neutral_face:

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I don’t understand something…
Zec price is going down, but difficulty is going up??? Zcash Difficulty Chart - ZEC Difficulty - CoinWarz

I have set half of my farm to mine ZEC, but i think i’m going to say BYE BYE to Zcash (for now).

Don’t feel bad thinking of doing the same… Zcash is in some kinda funk right now and im not quite sure whats going on with it… Plus somehow i just lost 1.7 zec when i made a transfer from my wallet to cryptonator…

Also, devs and PRs barely communicate with mining community. I don’t know what is going on with Zcash? What is the future plans? Who is new investor in Zcash technology? Who is potential investor in Zcash technology? Short term, middle term, long term plans? Why difficulty getting higher while price getting lower? What they planning to do to push value of ZEC up? Etc, etc…

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Yeah I exchanged 1 BTC to ZEC yesterday when it was at 0.0625 and now it’s at 0.057 (lost $300). How can BTC rise so much and ZEC even go lower?

Edit: Holy shit 0.053 now

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Everything is collapsing while Bitcoin is skyrocketing… heh.

Time to grab some popcorn and ride this out! (and get popcorn all over the car interior, because it will be a bumpy ride)

Is there any news that relates to this weird day?

It’s just time to shake out late game miners. All these noobs need to leave crypto for those who will be the new 1% richest in the world.

Strong demand for Btc in Japan and South Korea, pushing the price higher. As for zec and other alt, people sell to get Btc as it is being pumped.

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wasn’t segwit locked in this week? maybe that’s a cause for the btc price skyrocketing. It’s WAY too overpriced right now. Passed $4000 USD? Insanity. I bought while ZEC was at .78 then at .74 then at .68 then at .63 and now I’m wishing I just waited until today and picked it all up at .05… Anyone else notice though that the ZEC USD price is staying relatively constant around $230 while the ZEC-BTC price keeps tanking?

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Why is 4k overpriced? If you think that you can perfectly time a top or bottom by trading often you will likely suffer losses and you don’t have to buy/sell all at once. Even thought the price went further south you still got your zec cheap. When I buy I always wish it continues to go down because I can buy cheaper.

=

My bad :sneezing_face:

I’m not complaining thats for sure. But kicking myself for not leaving a little capital for the big dip down to .05

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Yes, that was a misstake, but on the other hand leaving value on the exchanges is another risk.

Back in July, I said that Bitcoin would reach 4K soon

Technically, that was what it was saying

IMG_3634IMG_3635

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Will ZEC stay under 0.06 btc?

Yes. For how long? I don’t know. Reminder that under 0.06 is still a strong buy zone.

It’s a great time for miners, difficulty dropped, better rewards.

I have so many lost zcash for about half my asset. So bad? I

It’s not about becoming rich but changing the rules of the game.

Your scenario is worst than reality. At least now the 1% is in hands of people who have great skills, by migrating that 1% from the wealthy people to the miners would have a really bad impact on society, it’s not that easy to handle really big ammounts of money, and the more you have the more wisely you’ve got to spend them, if you don’t want to end out overdosing or blowing up your mind at least… social pressure is very under estimated and people claiming “i’m not affected by others people thoughts” only live in the Himalaya or are walking saints.

That being said: from great power comes great responsibility

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should be price going up acording your analasis? instead it broke the triangle and went down …

Diff did not fall down, it’s very high. And, that’s wierd.

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It’s excellent for us that Bitcoin is being pumped as more and more investors will look to diversify into digital currencies due the pump and the resulting media coverage. Eventually, Bitcoin investors will switch over to zcash once they realize that it is simply a better version of Bitcoin, having better governance and offering kick-ass features.

ZEC’s defending $200 like a champ… Be patient, you’ll be rewarded.

our next leg-up will begin sometime next week, imo

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John, like Andreas Antonopoulos say, the 1% of today was determined by whose grandparents killed more people. Crypto new rich is getting determined by those who are willing to take risk investing on a beta platform.

Most coins are rubbish so there will be a lot of losers in crypto.

Investors don’t really care if a coin is better in terms of technology. They care if the currency will make them money. Zcash may be a strong buy but bitcoin is grabbing everyone’s attention. We need Zcash in the limelight or else I don’t see many people investing in it because there’s nothing new about it.

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Cheaper is a coin, higher will be the profit
Sincerly I dont care about Bitcoin
I’m asking my self if I should dual mine unvalued coins or buy scam coins under 15 cents

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Dont beat me but I’m happy to see Zcash price drop, every crypto are falling :slight_smile:
It give me more time to mine Ethereum with less power cost and sell us to buy Zcash with this price difference

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Nokia also had everyone’s attention… for a while. If Bitcoin is grabbing everyone’s attention and you think is a sign of good investment then put your money where your mouth is and invest in Bitcoin.

You think the update to Zcash will have a major affect on price? When it finally stops being pushed back and gets released

Is it Tomorrows update that makes z-wallet transactions more efficient or the update after this upcoming one?

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I think you misunderstood what I meant. I am saying that once Zcash has the attention it needs, then it will see investors.

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Jeesus it touched like .039 - that’s March levels of support/resistance - bumpy ride is right…

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:rofl: you made me laugh with that idea

So… BTC is rising like crazy and ZEC… slowly dropping down. What ur thoughts? And question regarding rising difficulty is interesting for me. Can some1 explain why is that?

@VanijaDev,

A lot of people sold BTC before June 31st in fear of the uncertainty regarding the SegWit split, driving the market down. After the August 1st Y2K doomsday scare proved to be FUD, people regained confidence in BTC and the market in general, causing people to re-enter, buy BTC, and make trades.

Regarding ZEC, the JPMorgan Chase press release was an incredibly strong buy signal which drove the price up dramatically on May 22nd, with June 15th seeing the end of the peak after 31 days. Since June 15th there haven’t really been, to my opinion, any other newsworthy events to inspire an upward trend, thus the steady decline towards and below May 22nd prices.

I’m curious to see how/if the version 1.0.11 release affects the market.

One last note, Zcash has an open position for a Chief Marketing Officer. I’m seeing good things to come.

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But, main question is why difficulty rising while price dropping?

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Thank you for reply.

More people are mining it but not enough people think its value is any more valuable than it is right now. With bitcoin increasing in value, other currencies are decreasing in value.

I dont think that’s a case. When profitability dropping, miners are moving to more profitable coin. It’s very rare that profitability droping, and more people are mining??? It’s senceless!

There is a lot of backing behind Zcash. More and more people are believing that Zcash has the potential for a price jump. Zcash has hit a very low point today. Many new miners also use mining calculators to see what is the most profitable. They see that maybe monacoin or zen are theoretically more profitable to mine but they see that Zcash is valued more AND is relatively cheap from its history. So they mine Zcash. This is my theory to help me rationalize why the difficulty has almost doubled the last time Zcash was this cheap.

You would think this is how it works, but it doesn’t. In June, for the Flypool ZCash mining pool, the total pool hashrate was roughly 90 Mh/s. Currently, the rate is 120 Mh/s, so more people are definitely mining ZCash then previously.

@W1nn1ng1
Yes, but i’m talking about last 7 days. Also, many miners migrate to Flypool becouse hush power, so it’s not correct comparation. Flypool gets more hush power, but some of pools lost it.
@Blue
I uderstand that miners are expecting price rising, but it is right if diff is low. In present situation, if you still mining Zec and price rise up, you will just cover your loss, without earning.

There is no direct correlation between price and difficulty. It’s an indirect affected. Just because price is down and difficulty is up does not mean miners won’t keep on mining Zcash. It’s just that the majority clearly do not think it is of ____ BTC valuation right now.

I recommend you to blur it

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Good call. Thanks 20

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Zcash will not, probably, ever get a momentum, since it keeps on trying to seat on two chairs. World may well need 2 separately marketed ZEC forks: a pure crypto-anarchist underground version, & a transparent fully gov. regulations compliant version - with a snitch to tax authorities directly built-in into Zcash selective disclosure feature. This & only this way clear market positioning would become possible, banks & invest-funds would receive a strong signal !

But, i’m really disapointed with indiference of ZcashCo members to comunicate with mining community. Basically, we are mining “in dark”.
@Blue
I think you didn’t understand me. I fully understand diff mechanism. But, for miners is devastating price drop with increased diff. Also, it is dangerous for coin himself.

Oh okay haha. Sorry. Yes it is bad for miners. That I can agree on.

am I the only one mining much more zec than yesterday?

I’m pretty happy for what is going on in the crypto realm, market cap is almost at 140 billion, and that is soooo satisfying. Making money and all is fun and creating a “great income from thin-air” is a pleasure, but let’s not forget our goal, or the real purpose of the block chain technology: overcoming the rules of the game.

Everyday we are closer to a real paradigm shift, sooner than expected the people are going to be in control of the market and the very nerdy-wise man are the one’s that are going to decide, collectevly, and finally, very transparently how things are going to work out.
Inside trading, class actions, off shore? Soon, optimistically speaking, something of the past.

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I think people are buying bitcoin and selling everything they have (zcash too), that’s why price is dropped. I think when BTC will stay stable people will start buying zcash and price will rise. Hope so :)) i will keep my zcash coins to sell it later with high price.

Suprnova seems to have a bit more luck yesterday, 3 blocks found in under a minute or so, and a block almost each hour or so with ~ 8000 kSol/s @johnwisdom

@youguanxi

I disagree with your assessment and think that you’re misrepresenting the facts.

Understanding Zero Knowledge Blockchains written by Gideon Greenspan, a PhD computer scientist, university lecturer, and multichain platform developer:

Talking about regulation brings up another practical issue with zero knowledge blockchains. Anonymous transactions in a blockchain contain statements regarding asset transfers and ownership, but those statements are only visible to selected parties (namely, those directly involved). Even if we give a regulator full visibility into a zero knowledge blockchain and its participants’ identities, it has no way of knowing what is truly happening within. Of course, the regulator could ask all of the participants to identify and reveal their transactions, and they can do this efficiently using Zcash-style “viewing keys”. Nonetheless, if the parties to any particular transaction want to keep it secret, the regulator is stuck, and does not know who to fine. There is no custodial bank from whom it can obtain the full picture, and the only option for enforcement is to shut down the entire chain.

So what’s the bottom line? For now at least, I suggest simply following the progress of the public Zcash blockchain, to see how it develops and grows. If the history of Ethereum is repeated, there will be surprises and vulnerabilities lurking under the surface, waiting to be exploited by greedy opportunists. Nonetheless, in the longer term, make no mistake: zero knowledge transactions are a game-changing breakthrough for blockchains. If the underlying cryptographic principles prove sound, expect them to significantly broaden the range of use cases to which blockchains can be applied.

U.S. hegemony and their militaristic use of law inevitably poses a risk to all unregulated crypto currency exchanges. I think that Zcash is ahead of the curve in being able to meet regulations and beat them at their own game.

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Probably, you’re right.
A selective disclosure feature, however, has yet to be released by Zcash. Will see how does it, actually, work. Whatever the Zcash team stance on the regulation compliance is, I do believe, Zcash would only benefit if it is clearly & officially stated in the FAQ section.

@youguanxi

I think that the versatility of zcash makes it a far more valuable asset. It is an unfortunate fact that the U.S. government and it’s allies are working day & night to kill anonymity. Exchanges which stand against them are closed and people’s money are seized. It’s disgusting. Exchanges are being forced into this. The Zcash protocol ensures that people & companies can choose for themselves how they want to navigate their anonymity.

The Zcash protocol sort of reminds me of TrueCrypt. In TrueCrypt you were able to create a password protected encrypted archive, inside another password protected encrypted archive. An adversary could determine that data was encrypted and could coerce you into supplying a password to decrypt it, but they would have no way to prove that there was another encrypted archive within.

There are many ways to play the game. I think that the versatility of Zcash will allow for a lot of creative developments.

One thing that I love about this is that the U.S. is losing Crypto War 2.0. The cat is out of the bag. We need Zcash to fight the NSA/U.S. government’s intrusions into people’s lives and we need Zcash to integrate as much into legal society as possible. They won’t be able to get rid of Zcash. :slightly_smiling_face:

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I share your enthusiasm. There are two parties required for a trade, however. The problem, there are only miners & traders so far. Mass adoption is yet to come, there are few Zcash versality tech end users by now. Therefore, my guess was, that ZEC exchange rate stagnation on the background of fast lane for Bitcoin in Japan & S.Korea might be partly determined by the uncertainty, caused by recent U.S. gov. activities, in the eyes of precautious institutional investors, i.e. the game-makers, over possible future consequences for messing with incompliant securities.

Now BTC is stagnating, the hard part is for you to decide when to getout. I have bought it on last friday when it was on 2970 EUR/BTC then I was beating my chest 4 my friends how I made over 1K by Sunday. Then of course I was waiting for to hit the magical 5000$ cause people pumping it but it’s not what happened.
On Tuesday from 3700 I went down to ~3200 and I had a limitsell on 3100 so I thought fuck this gonna fall back down and at least I sell earlier than my limit stop order to make a bit more. Then what happens this fuck goes back to 3500 but anyway it’s beating around that 3492EUR/BTC limit doesn’t seem to rocket anywhere.

@stargate,

22 hours ago
The price diverges with MACD histogram and RSI . We get a bearish divergence which is a strong trend reversal signal. MACD confirms downward movement. RSI confirms price reversal from 4400.00 level. ADX line of DMI 0.81% indicator starts falling. It’s a signal that bulls are not so strong now. Based on the above signals, we should expect for a correction movement. The market is going to move lower and we have to spot possible support zones for buying based on reversal signals. If the market drops lower than Simple Moving Average with period 20, it will be a good confirmation of further downward movement. The market will be able to reach SMA50. This support line can stop and reverse the falling market. If we get a confirmed reversal signal from SMA50, we’ll be ably to open long trades. But if the market breaks this support line, the next support zones will be at 3500.00 level and then SMA100. These zones will be good for buying and joining to the main uptrend.

11 hours ago
Comment: A bullish candlestick pattern (hammer) at SMA20 can be a signal of price reversal with further upward movement. Will it be a short term price movement or a new impulse wave, we’ll see.

  1. [4 hours ago] A Hammer. Let’s see if the price gets above SMA 20.
  2. [2.3 hours ago] The price is going up after the hammer. A close here would be above SMA 20.

Idk I was recommended to buy this when it was over 200EUR now I would just sitting on a heap of big nothing waiting to go uppp.

BTC still not moving regardless it reached the guys SMA 20 prediction.

I don’t see etherum skyrocketing either, now that bitstamp is adding it that might helps with the price maybe when putin and his criminal buddies start pouring money into it. Once in history the middleclass/poor have the opportunity to make money on the rich fucks :grimacing::sunglasses:

This banter almost makes me want to read the whole thread. Almost! :rofl:

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I’m not sure how exactly an additional application (just for monitoring) will boost ZEC value…

We need an actual company to use Zcash. Or a company that is built off of Zcash.

DASH passed ZEC again. Nervous about having all my savings in ZEC. 0.048 is ridiculous.

Not complaining, just worried :sweat_smile:

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It looks like DASH has good support from Bitmain and China community to pump it up.

You really shouldn’t be.

Watch the Price and watch the Date.

This is how it is going to unfold.

( I will not be doing anymore Analysis until the end of October… it is pointless, price will follow this pattern and any other analysis will only confirm it, times and times again. )

IMG_3687

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Yeah… meanwhile BTC might be at $10k.

All of you dream to see zec climbing to 400-500 dollars, but day by day zec is down and down! Developers are sleeping! Where are the new updates??? A lot of us invest in this currency and now we lose! I changed 11 BTC to 80 zec, but now 80 zec are ~16500 , and 11 BTC are ~48000, then i lost 32000 $! It’s URGENT to see new improvements! Also don’t be stupid and sell cheap!

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You should look on zCash as long investment and nota short cash out :slight_smile:

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DASH Analysis

IMG_3693

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I’m asking myself if I should exchange more Ether into Zcash :thinking:

I already did it. :grinning:

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Bitcoin Cash :confused:

IMG_3694

Oh wow. I think there was some news release about it.

Swiss Private bank Falcon 2 supports BCH… that’s why

Really??!?! 32000$ minus are long term investment?!!! The investment is when i buy something and after a while you have more, not less harder! Investment was if I kept the BTC, not zec! Don’t forget BTC owners have also BCH. 11 BCH means today 5500$! Don’t talk to me about long term investment.

Yeah, good luck timing those tops and bottoms. Remember when Bitcoin crashed from 31 USD to 2 USD? Are you saying that buying bitcoin at 31 USD was a bad long-term investment?

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BCH had a rally last night but now its going down like jimmy brown hopefully and it is gonna boost BTC back up over 3800EUR then we can go for the 5k target. No need for inventing more scamcoins like bch, all we need is BTC keep growing like a well working fund.

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“Investment is when I buy something and after a while you have more” .
Sound like a McDonalds job for me.

All altcoins are pretty unstable those days everyone is rushing on BTC and transfering on BTC. If you knew how the economy is working you would know that. Once all around BTC calm down altcoins will raise again, I see zCash reaching 300$ before xmas.

Now… like I said, if you want quick cash out… McDonalds is always there and always hiring fresh blood.

BCH is the biggest failure of the cryptoworld and you will see it :slight_smile:

BTW: USD is going down… so I suggest you finding job @European McDonalds for better income :wink:

If BCH can jump from $300 USD to $600 USD overnight from a single piece of news, then we need that marketing director very very badly

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Agreed. I see more and more people losing faith in Zcash. Even when there is nothing actually wrong with the coin. Now it is just a waiting game for our marketing.

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People are impatient. How many currencies have hit the value that ZCash has right now in as little time. Your expecting an infant to hang with the elders. ZCash is BRAND new. It will take time. The fact that it is holding as well as it is is remarkable to say the least. It will go up, as it matures.

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I ready said before that was zcash is not for invest. Zcash is rubish. You can get profit only view moment after that you must throw z cash to the garbage.

your predilection it’s so perfect, i can see:)), BCH it’s 730$ with 3,032,300,000 volume, and zec 197 with 16 millions volume! A real good deal, a real scamcoin!

You compare BCH to Zcash? Ok…

[Moderation edit: misogynist insult deleted.]

The only reason Bcash raised that much for 24h is caused by this Swiss Bank to Sell Ether and Bitcoin Cash to Customers - CoinDesk

Nothing more nothing less.

Alright I am pretty tired of seeing these dumb back and forths in the community. We all should respect everyone’s opinions and how they view Zcash. You should explain why you think your opinion is correct and then move on. This whole McDonalds thing and the recent negative arguments I have been seeing in the past month or so is in no way helping anyone. If you want to argue by belittling each other, then do it privately.

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Technically, we should rebound from here…

The Only Reason I keep ZCash is because :

  1. I like their Technology zk-SNARKs
  2. Technically, it is still strong and everything is going on like it should ( Price moves, Volume changes, etc )

But, Yes, some coins ( BCH, DASH ) have been far better off lately …

Hey, me too I want to become a Crypto Millionnaire…

At my peak, I had $40,000

IMG_3708

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IMG_3709

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244 now. i came here as i saw the price… is it going to increase more? what triggers this sudden increase?

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It touches the Support Trendline

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Maybe because zCash raised to over 240$? and he is talking B.S? And if he don’t want to support the community nor the Z project he should switch to ETH or start a real job.

I’m tired of reading such B.S from randoms who think that can become millioners over night…

I cant depositts more ETH Kraken is broken :no_mouth:

anddd its going down again…

Give it some time :slight_smile:

its an emotional rollercoaster watching the price go up and down… lol… im just glad it didnt go rock bottom…

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I’ve firstly login here just to say,
“still so cheap. hold your ZEC tightly, or buy more while you can!”

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Any piece of news that triggered this?

What I understand is that 50% of BTC trade volume is from south korea, so something big is happening in that country, can’t find any actual news about it.

Toward $280 !!!

He He :slight_smile:

IMG_3713

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Late last month South Korea had international BTC tx’s legalized and now has further legal frameworks in the pipes for the currency.
Seeing as the anticipated bear never came to fruition post BCH and with the constant pumps hitting new ATH’s, you’d assume the South Korean investors are now feeling far safer and willing to jump in on playing the markets.
Piece this with the fact that azn’s are known around the world as a population who likes to gamble and as a result we’ll see this bull market continuing to run til at least mid-late November. That said, this doesn’t mean you should go all in. We still have til 21st of this month til SegWit activation so this could also throw a spanner in the works.

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wow. much gains.
What did zooko say now :wink:

EUR I believe kek meant.
Europe’s not going anywhere.

The road toward $280 continues !!

IMG_3719

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So the question is sell at 280? Or continue to HODL to see if we can break 300?

Wondering the same - think there might be a slight pullback at 290 range before breaking 300, as stated by the fabulous tech analysts here

Short Term: $280 -$320 ( Wave IlI should end there )

Very Short Term : $280 ( today or tomorrow )

Medium Term : $490 October 2017 ( Wave 5 )

IMG_3687IMG_3721

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I think im gonna risk it and keep on HODLing to see if we can hit that 490 Figure… Don’t know if that’s the best choice to make… But i think that may be the decision i end up going with…

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@TheSchramm
Is there going to be price correction (decreasing) after reach 280-300 usd?

ZEC has a bright future ahead. I see no reason to sell. Just switched from BTC to ZEC. Let’s sleep for a year now and mine a bit while it is still easy.

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Someone should take a snapshot of this.
A year from now you’ll have people looking back at this thread in srs regret.
…To the people a year from now, how do you like them apples?

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Gonna hodl my ZEC as well

High risk, high reward

Not all here are looking at ZEC coin as potentiality for short-term profit. A lot of us see value in ZCash technology. So, holding is our way of behavior :slight_smile:

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I should sell at 265 - 275$ and buy again at 204 - 214$ right? :slight_smile:

Zcash mining is now more profitable here we go :pick:

Hi Christian,

Good job with the analysis mate! Where do you see the corrective wave end for Zcash after we touch $480-$500? Will there be a 50% correction again?

Thanks

Also, your analysis for BTC touching $4000+ was excellent. Will there be a similar correction now (down to $2300-$2600)?

Cheers!

480$ Maybe at beggining of 2018 not end of 2017

and difficulty go up rapidly … :frowning:

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Yep, we peaked yesterday at ~6.2M difficulty… a bit worrying but it had to come sometime.

The battle for 0,639 BTC is EPIC!!!
RSI is perfect, STOCK is pefect, ZEC jumped from BOLINGER BAND squeese again!!!

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Sell order canceled I gonna HOLD too

Buy volume seems pretty light on Kraken. Is that b/c of the Monero activity? They are 4X our volume today whereas we have been 2X there’s for the past week or so.

Also, network volume is up 10% plus today.

XMR exit pump… last couple/few months ZEC’s volume has been constantly (roughly) double XMR’s

…have a non scientific gut feeling we’re going to rocket through the $300s like we did the $200s last time.

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Amen for that!:triumph:

What the FUCK is going on with BTC. I bought it on 3700eur now its hitting the 3200 already. This god damn piece of fucking shit bitcoin cash caused that. Gotta hate this shit already, they say oh we are now the 3rd most valued crypto JUST FUCKING DIE COCKROACH!

And why you go in for BCC … you should go for BCC. BCC is shit and will drop soon again at 300$

I am not, I am only in BTC and it is pushed down currently because BCH got easier to mine.

buy low, sell high … thats all …

I said it before will say it again… BTC will hit $5000 before xmas. BCC is short term earn. The market value can’t cover the loses.

What about ETH:

Would you buy it right now? It might grows to 500 by the end of the year but I woudn’t predict much more.

From GPU cryptos I only support zCash and I do believe that will go over 300$ once BTC hit 5000$.
Rumors says that koreans are investing on ETH along with other cryptos which WILL lead to value boost but I don’t believe that will go over 400$ this year.

Wanna make a Quick Buck today ?

IMG_3792

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Ethereum and Dash over $300. Ethereum almost $100 over ZCash for the first time.
This f*cking coin is gonna make me go bald. Lol

OT, will Segwit activation affect ZEC in price? Am scared BTC will increase considerably and my ZEC savings will be worth less and less.

I converted some ZEC to BTC just incase this happens… With the fork again in november BTC may double again you never know… Plus i just like having a little bit of everything lol…

still feeling bullish on LTC?

Last time I listen to @TheSchramm …transferred some ZEC to LTC for a quick win…that win never happened and now ZEC is up 10% while LTC is up 1%…FML

I was thinking about doing the same, but I got lazy. Woot! Procrastination for the win!

To be fair, i think @TheSchramm has been right more than wrong. I didn’t look real hard though. that is just how it goes sometimes.

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Yeah, I don’t blame him at all, just going to be more careful with transactions. Sometimes you win, sometimes you lose, its all a gamble.

For now, only thing I can do is sit on LTC and wait for the ratio to come back in my favor before shifting out of it. I’ve gambled twice on LTC and lost both times, so I think I’m done with this coin, lol.

Monero was probably the coin to put the money in. It doubled in less than a week, pretty crazy.

Two winning rules for zec:

  1. HODL
  2. See rule number 1.
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Well, you can HODL, but, my whole objective is to increase the amount of ZEC I have. Best way to do that is to shift into another currency when the ratio low and shift back when it’s high.

For instance, I shifted out of ETH into ZEC at around .69 ETH per ZEC. Now it’s at .73…wait till about .81 and transition back to ETH, etc…increases you holdings without actually losing currency other than the mining fee.

I bought 137 ripple when at 0.29, Ha! We are all in the same boat :smiley:

You are the Humble guy indeed!

What’s happening in the next few weeks with Zcash? any big market news?

Ripple …at… 0.29 hell no :joy:

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who knows in 70 years it might be worth 0.28!

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Ha. Im doing the same thing. I only moved 4 zec over and the ratio is almost close to what it was when i swapped.

total noob here but;
btc, eth, and zcash all seem to be growing
so how do u decide where u put your money into (what do you hold, what do you exchange, and when?)
what if say ethereum or zcash goes higher than bitcoin at some point. ive seen some say zcash will surpass ethereum by the end of the year, but if you were to see that trend happening couldnt one just exchange all ethereum to zcash before you would garner a loss? and vice versa.?

you keep the coins that you believe in and with new investment you buy other coins, and with these other coins you make exchanges.

It’s never a loss, noone but yourself can push you to sell or exchange. Maybe in december 2017 zec > eth and maybe in september 2020 eth > zec and so on.

Patience is the key:
I’m highly optimistic by the fact that the more years you invest in without ever taking out a penny is the difference between paying the rent and becoming a milionaire. I’m investing 100$ a month in simply buying any coin on the market that gives me a good feeling, I’m going to keep almost all investments in cold wallets and not going to see those cold bad boys till 2030 (improbable but I’ll give it a shot ^^).

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thank you for that thorough reply!

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Zcash at $271 as of writing this post…with btc selling off zcash is now rising again…$500 will be here soon…

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:slight_smile: your words in God’s ears…

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Now $280 usdt in Polo…$300 by tomorrow possible…also volume has increased from $17mn to $47mn…hehe

@kek mate did u manage to update your price targets? Cheers!

what are the latest targets forcast pls

I think 280 - 300 usd…

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thx mate almoust there :smiley:

I think the peak for this run was $280 as it is falling down again…the sell walls are huge…the next leg will take it beyond 300-320 imo…

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Also @TheSchramm’s prediction looks pretty solid at this stage…within a month, i.e approx 30 days from Zcash will touch $470+…

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And here is where weakness comes in…

Either trade for BTC now or risk and hope for ~0.08 price sometime soon

yeh i quite believe them he has been corect with them several times before but i take the calculated top and bott walues with reserve :smiley: at the end the best way how to find out what is going to happen in next few minutes ( rise/drop) is to carefully watch the marked especialy the strenght in the orderbooks :smiley: at least for me as a noob it is quite informative i should leave the money invested or take it out or shift else for a while but it is time consuming as hell

The party is not yet over…volume crossed $50mn…maybe we will see $300 soon

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I ended up buying ZEC at $380 due to FOMO…should have waited…will sell at 480 and buy back lower once it starts correction again…

Monero is HOT, Damn HOT …
I hope PsychopathyPOLO not disable Wallet …

Both Monero and DASH growing… good for them :slight_smile:

We are doing as well :smiley:

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That is the last time I put a sell order in before I go to bed. :triumph:

ZEC to 280 USD today :slight_smile: Makes me happy since that’s what my mining operation mines. Dash has surged this week, so has Monero. Good to see ZEC pulling up from the back of the lead pack (so to speak). I’d like to see it hit a new high by the end of the year…we’ll see if this level can be supported moving forward. I’m in ZEC for the really long term 5-10 years FWIW.

What I’d REALLY LIKE to see is more sizzle coming from the ZEC team. There’s narry a peep about it anywhere the “regular folks” go to get their information. There’s a new youtuber who has a channel called “Boxmining”, and he recently got a tour of Genesis Mining’s facility, had the founders of Exodous wallet on a video, and even talked to the main Bitcoin people. Perhaps someone who is behind Zcash could contact him. It would be a good start…If I was the marketing exec at the organization, I would have everyone talking about ZCash…I mean EVERYONE!

Anyhow, good to see the price climbing. ZEC is a good technology and a sound idea. (though even the best ideas need people to market them to be as successful as they should be)

kraken have now a sheduled maintenance lol

Just got an email. They’re changing how many decimal points can be used. Instead of allowing $4150.001 for example can now only do $4150.01

yeh find that out too after i got loged out :smiley:

Broke $300 barrier. Let’s go ohhhh

Damn, Dash breaking the $400 one. Good for them

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Very good prediction @TheSchramm
thanks a lot for sharing!

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Yep. He called it again. Stupid me exchanged some zec for ltc. Should have just bought some ltc.

Keep em coming @TheSchramm.

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Good old BTC does not worth to trading ATM imo. I was fortunate enough to sell it all when it rolled back to 3700 eur. The peak was 3760 but I know that shitcoin cash will be pulling it down again. Matter of fact now that I am out I expecting a BTC crash all the way down to 3200 before jumping in again.

No other coins get that amount of media attention, publicity like BTC. Like where the hell should I know that LTC will go up and it’s not that easily accessible either until they will add it to bitstamp.

It will be along time zcash to reach $400 ++. I hope isn’t gonna be. My Wish…

$400 will be here within weeks (or a week)… due to amount of accumulation in $200s; won’t spend much time in the $300 range… tbh, market is starved for news… one announcement can do this, even the smallest ANN could make this happen, overnight.
my view: we’ve been accumulating in $200s for (off top of head) a solid month+ … nobody is buying $200 ZEC to only make $100.

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When updates 1.013 and 1.0.14 are out then we will see such a huge boost in price and in usage of Zcash. Granted that is if everything is still on schedule.

yeah. and more Net HR :slight_smile:

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What provides that updates and when it’s scheduled?

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Low memory proving (LMP) integration #2243 and Benchmark z-addr performance for large wallets #2587 are going to be implemented in updates 1.0.13 and 1.0.14 respectively. LMP will allow for z addresses to be used on smartphones, basically lowering the required RAM needed for Z-addresses so that smartphones can finally use them. Benchmark z-addr performance for large wallets are for pools. So pools can send mined ZEC to z-addresses! I have been spotlighting these two updates since I personally think they will have a huge impact on the tech and the view on ZEC. The numbers above are to find on GitHub if you want to see the progress on them.

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Yes, the market is starved for any news. There’s not a peep from the ZEC peeps…sure, “still waters run deep…” and all that, but to survive in the era analogous to the “late 90s IPO” era of Crypto, you have to have a “Hype Man/Woman/Person” on your squad spreading the joy and news about your coin. ZCash seems to be ambivalent about talking about their technology and why it’s so good.

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agreed! other than wikileaks… we really haven’t had much news for months. have a feeling there’s things going on behind the scenes, but never seems to leak… not even rumors… one little small piece of news = mewn

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I don’t particularly like their token, nor their system, nor their Dutch auction ICO…

But I am still buying a small position in GNO for the short term.

I think it will jump to .060 - 0.062 in a few days ( + 35 - 38 % )

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Although I’m not a big fan of altcoins, what do u guys think of this:

Hopefully I’m a little smarter on this one. Left my ZEC alone and put some cash into GNO.

Thanks again!!!

fuck you ZEC, you make me lose 40.000 $

Nobody makes you do anything. Own your decisions :wink:

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you should blame yourself zec moved as predicted just read the posts above yours in this thread

@kek hi mate, had a question for you… if you were to select 5 crypto s and invest in it and HODL for next 5 years which would they be? Thanks

Thanks for the GNO tip…I have put in some BTC…

What is your Long Term prediction for Zcash? 2-3 years from now?

I have been browsing a lot of web pages and threads on steemit, bitcointalk and reddit lately related to Zcash and other privacy coins…it astonishes me on the amount of negativity Zcash is receiving and I feel there are more and more negative views developing on Zcash by the day…everybody talks only about Monero positively and the recent 3x pump took it to new ATHs with close to 250mn in trading volume.

I get that Alphabay was a let down and on top of that the BTC fork had no effect on the ZEC price and in fact it went down along with BTC, but as @kek has told us on many occasions this is possibly due to BTC and ZEC being pegged together and there being a lack of USD markets. Wil the ethereum switch to PoS have a positive impact on ZEC in terms of price?

Thoughts?

@m00nspeell if you were so dumb to sell it on low you deserved it, you might as well just put your money on horses next time.

I’m back on BTC and ETH again:

And about crypto ICOs I had a discussion yesterday, turns out that many of them are complete scam just like lot of crowdfunding projects on indiegogo so be aware and do your research if you invest in any of these.

First of all I did not make you dumb! You’re so sure I sold it? Maybe i bought it, investing real money. I’m not so stupid to sale it at 05-07 like some of you! Now i have zec, eth, btc, ltc, sc, xlm. Believe me i know what i have to do, with some coin I made dollars, but with zec i lost a lot because of some idiots who sold cheaply because they were scared.

Disappointed that it didn’t do x100 one second after you bought?

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Look, I don’t know you, @m00nspeell and won’t pretend to and also I’m not a big investor or something like that.

But you did say you invested in all those coins… why not wait a bit for ZEC to mature, it doesn’t even have one year and it’s already doing good… just sit a bit on it if you can.

Also I do think that probably, most of the hate towards ZEC is because it’s so new and it gained popularity/value so quickly. We still have so much to do with this coin, devs have so much to update on it… it’s literally almost at the beginning and it’s making headlines alongside BTC, just have a little patience, if you can.

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I think people supporting other coins may be threatened by Zcash and it’s technology… Classic bully tactics!

Not exactly. The way I see it is that Zcash has not put out any real major updates or announcements recently. I don’t expect people to support something if they don’t see continuous updates like other currencies. That being said I am not saying I don’t support Zcash. This is what I have collected from outside communities.

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Bingo Blue, this is the real problem, developers not put out any real updates, and people lose confidence in this currency! I am very upset at the zec team, without updates, marketing, and new contract this coin will fall. Also i mined zec from the first day, i know very good what’s happening with this coin (my zcash account was made on oct 27). Maybe XCat protocol will save the day…i hope so.

It’s like everyone is on repeat.

Zcash needs to resolve it’s memory issue before it can move forward. If you follow the Dev Updates you know this is coming and that the developers are indeed working.

This is available to everyone:

https://forum.zcashcommunity.com/c/dev-updates

As a community, we should be spreading the word until Zcash is in a better position with PR. When a developer updates, we should update those around us by whatever means necessary. There’s a lot of complaining coming from the community (and I’m not disagreeing with the premise of that complaining), but most aren’t really doing anything about it.

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hang tight guize …we’re really close to draining the people selling @ current levels… my spidey senses are tingling … side note - really busy IRL… will get to pms, and q’s when I have time to give thoughtful answers (not ignoring you)

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this is annoying… and somebody is raping us on kraken. anytime we build up steam, some shithead will tick down the market…this imo, is a large buyer… cannot really fight this because our market is so illiquid …silver lining is - there’s a very large buyer raping our markets

[Moderation edit: please do not use the word “raping” metaphorically, it can be triggering. I will delete posts that do this in future. --@daira]

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The rules of the markets are the rules of the markets, you’ll have this even in a good MMORPG, I can assured you that this “large buyer” lived thousands of time the feelings your having right now, just don’t ever stop studying!

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one way to possibly solve this is allowing leveraged trading …unsure why kraken hasn’t allowed these type of markets for ZEC yet. XMR had them with less volume… mebbe we don’t have enough available supply. USD is still sidelined. oh well… thought we might be able to break this guy yesterday, mebbe today that happens… sucky, we can’t tank the price to spook him off, because that’s what he wants… reeeeeeeeeeee

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It’s a pretty significant wall. Somebody REALLY doesn’t want ZEC to go higher than $274 for a while. I’d be curious to know the reasoning but I doubt we’ll ever know.

150.000	$274.050
150.000	$274.049
350.713	$274.001
885.748	$274.000
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it’s a large buyer capping the market, imo! usually, i’d be excited about that, but this cat has been dominant for days!! what bothers me is ; according to the way the bids are staggering; think it’s a single entity

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He really wants that ZEC at that price. It is something to be excited about. It shows someone is extremely interested. But you’re right, at this point it’s hindering growth more than anything else.

904.527	$274.000

:unamused:

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it’s unsustainable, just annoying … should leg-up $300+ once this whale gets their fill. just hate they can boss the market around like this…

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I both hate it and am jealous of it :wink: Hahaha I wish I had that kind of cash to throw around!

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It may or may not be that ‘the whale’ is trying to spoof but in that case he is trying to make the price go up not down. After all, he is placing large buying orders.

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love it when a buyer bids the market-up with a decent order, and 2 seconds later somebody dumps very small amounts of ZEC under market; to tick the market down $5. real neat. it’s blatant, and causing problems because our large sellers aren’t falling for it… so, we won’t have a single trade for 10 + minutes at a time. this will end very soon…

thought it was going to end yesterday, hopefully today’s the day.

reason i’m reeeeeeee’ing is our next leg-up should be extremely violent… getting excited, and impatient

just fired kraken a request to allow leveraged ZEC trading… if you have a minute; you should too.

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 453.971	$270.001
 603.969	$270.002

:roll_eyes:

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From a mining aspect, keeping the price down for a little while longer is a good thing in my eyes. Hopefully keeps the difficulty a little manageable and allows the miners to stockpile a bit more before prices rise and we get a whole bunch of attention.

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Difficulty just skyrocketed to 58 when the network hashrate went down… this makes no sense at all.

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decent order bids market-up - small sell under market - clockwork …i’m going outside

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almost 300$ people,so happy to see Zcash like this :heart_eyes::heart_eyes::heart_eyes:

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Gann Analysis confirms that Zcash can touch $900 by year end… @kek’s predictions are on track…

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much more fun fighting over $300, than fighting over $270. just need to build a little support to make a jump from, and we’ll be back-on-track! w00t

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Mr @kek soon we will be over $300…volume increasing steadily, orders being filled, get in now or regret forever…and then $365 (may be a pullback here) and then 475+ As @TheSchramm analysed with EW …gann analysis also gives a price of $600+ by november after a 30-35% correction at the 475-500 levels…

But good call on the $bn market cap by end of this year…respect!

Waiting for the day now when 1ZEC = 1BTC…more exchanges offering fiat purchases of zec, mining difficulty increasing, zec updates being done…we will get there !! HHHHOOOOODDDDDLLLLL!!!

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I just bought more eth this morning, the 400$ coming on the weekend folks. BTC also rolled over the 4000EUR. LOL soon you can only by 2 freaking BTC from 10k.

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Don’t know if we can keep it right now, but… 300 again :sparkler:

Let difficult skyrocket… :confused:

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if you have a better term for what was happening; i’m open to suggestions @daira

305! The Friday Bears look to be in hiding right now…

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ZEC doing f***in great. any ideas what brought on this rally? All mainstay coins are doing well - BTC, ZEC, ETH, LTC

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during the last correction; zcash was oversold. market needed to correct upward. also, i enjoy a good conspiracy https://twitter.com/barrysilbert/status/857335449093898241?lang=en Q4 starts in october… a large buyer was “r-wording” our markets for weeks, and last few days were obvious.

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seen it, been there :smiley: thx to kraken overloded losed 5 bucks on the course until i got it all out :frowning: stil happy with the rise result :smiley:

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what do you mean for “r-wording” the market? you mean the price suppression of these days?

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use your imagination

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by placing several huge orders you can A) create a wall so the curse will be bashing over it for let say couple of days or B) overbump it so the market use hard corections eather way it is to an extreme conditions for the marked as obvious it wants to move different way :smiley: at least my imagination says me that :smiley:

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I watch Kraken KEC:USD quite a bit. There are two forces that put 150 KEC for sale or buy about $2 in either direction. I figure that it is to keep someone from hyper-inflating or hyper-deflating the price quickly. On many days without that 150 KEC on either side of the market, 20-30 KEC could raise or drop the price by $10-15. I figured it was a bot of some sort b/c it moves up and down with the market pretty regularly.

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volume increasing nice and steady…orders filling in…testing the 288-292 area is a possibility and then…$365 here we come!!!

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I’m sick and tired of BTC dragging down half the coins with it…Ridiculous!

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Cryptocurency is old fashioned like that… it likes the music genre Swing

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may be game over :slight_smile: may by correction only … but this volatility is strange for me

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LOL…the correction will take it to low $200s again…good point for entering with more fiat if u have some spare $$$…we will see 400+ in September…I’m confident of that…MFukin BTC and the whales controlling the prices…

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Well, BTC capital dominance is around 50% and all exchanges exchange bitcoin with alt coins and not alt coins with alt coins…so…

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don’t believe we’ll be seeing low $200s… seems to be holding-up fairly well in the 280 range… good buy, RN! doing our best to avoid the $274 hell we just escaped from!!

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Very danger situation, …

Feel like, Tulip Mania

I was so close to selling last night before I went to bed. I should have. Would have made a decent chunk to reinvest this morning.

Ah well!

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you’ll have more opportunities, prolly by next week. weekend dumps are mostly manipulation, imo. here’s my view - i’m bullish through 2017… but expect to see weakness sometime around late Q3-early Q4 2018 (due to strong USD)

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Oh I have no doubt. :slight_smile: I’m just a little annoyed because I sat here debating as I watched it last night and opted for “Nah, I’m just gonna go to bed cause it’ll be around $320 in the morning”.

Whoops! :wink:

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Manipulation ? banker Short cryptocurrency ? JP Morgan ?

if you were trying to maximize profits: would you sell large amounts of BTC during the week when there’s more liquidity, or on a weekend with lower volumes?
(not jp morgan imo… just BTC whales doing what they do)

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good-thing-is; we’ve already got rid of most the $270 level sellers. once we settle for a second, recovery should be fairly quick. that’s my two satoshis!

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255 - goddam profit takers

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panic on the market :slight_smile: we will see big surprise … big players are on it

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Russia? Illuminati? Space aliens? Trump? Who cares? Let’s revisit this thread in a few years and have a laugh.

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Try not to get too wrapped up in the day to date trade value. the overall trend is all thats important.

As a miner, I have to trade out to pay my costs. Most other miners will too along the way.

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Well the overall trend isn’t really something to be proud of at the moment. We can’t seem to break $300 and stay there. It’s a huge struggle sustaining $270 and mainly stays around $250. While I can recognize that isn’t a bad place to be either, it’s evident that something is holding ZEC down and doesn’t seem to want to let it flourish. Taking today as an example, we hit a high of $320 yesterday but today people are selling for as low as $250 which boggles my mind.

I’m not a professional at reading the market by any means, but it’s clear there’s a struggle going on and we just can’t seem to get over that hump. BTC also appears to have a significant hold on ZEC as well. We’re hit pretty hard every time there’s a small drop. We’re basically where ETH was back in April/May. We’ve also had a significant amount of bad luck with Poloniex nearly every time we’re making head way. There are so many gears involved here and I’m learning a lot personally.

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Wyckoff style accumulation…just HODL.

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$227 next target ? what do you think ?

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think we’re getting into blood territory now.

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it’s a sign …don’t know what it means, but it’s creepy! lol kek.gg

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and ZCASH is winner …

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Everything is tanking - even eth and btc - might be correction time. BTC hits 5k and boom, lets take dem profits

I feel this is going close to $200 or even $190 with the current state of correction…if BTC tanks even more which I expect it to, $200 will be an excellent entry to target $600 in November (Gann Analysis)…followed by a 25-35% correction and $950-$1000 by end of Jan…easy 5x for the late entry hodlers…:wink::wink:

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I was just venting out my frustration…:blush::blush:

Guys as @kek has said repeatedly…this is the accumulation phase…get those cheap ZEc’s will you can and HODL…$1000 is coming in <6months…

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me right now Airplane! - Sniffing Glue - YouTube

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70% hash power in one pool now :slight_smile:

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i’m afraid this is the end of cryptocurrency. look like tulip bubble, no body buy anymore.i hope i’m wrong.

Do not be so pessimistic …

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I’m pretty sure he’s just trolling. He’s consistently doom and gloom every time this happens. Lol

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Lol…please…if you think this is the end then dump your coins…more cheap coins for everyone…I have a theory now…I feel just the hype will take 1BTC to $50,000 in 4years or less…psychologically people want to see that number and the corresponding $1tn market cap that comes with it…BTC is unstoppable at this stage and the amount of money coming in and the growth year over year will take it to $50k…beyond that I don’t know…50% of the coins with good projects will follow that path and more than 50% of the total coins will be worth less…RESEARCH well into what the project is trying to achieve and what its real world application is…LONG TERM HODLERS WILL WIN…no doubt…so don’t panic…PEACE! :v::v::v:

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Hahahahahahaha!!! :rofl::rofl::rofl::joy::joy::joy::rofl::rofl::rofl:

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IMG_1537

The hash rate is increasing nice and steady…:flight_departure::flight_departure:

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I mine, too and cover the operational costs from a separate revenue stream from my main business. I’m in this for the long, long haul anyhow…drops like this are expected when the price jumps up wildly like it has recently.

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You can’t call everything happening today a " correction " .
I’m sorry if I disappoint you but the current support level on zCash is around 250ish and you won’t see it dropping at 190.

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Easy there mate :stuck_out_tongue_winking_eye:

  1. I said if BTC tanks even further then Zcash will follow its course…around $220ish levels and may even see the price go to $190-$200 levels in extensions…

  2. the current state of correction I was referring to was for BTC (apologies for not stating it specifically) where $4450ish level is a nice support and it has been testing it now for the past day…if the BTC support holds then we will see uptrend to $5200+ And ZEC follow that to 350-365 range and in case the BTC support breaks we will see ZEC following the same path to low 200s…

The Charts don’t lie just like Shakira’s Hips…:joy::joy:

Peace :v::v:

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Did we just take over DASH’s volume?? :stuck_out_tongue_winking_eye::stuck_out_tongue_winking_eye:

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In any case I see a win win situation. The lower the more I buy, not that I wish that it goes down, but if does I’m not gonna be crying (actually, i hope so… of happiness).

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second crop on the BTC … cash out weekend :slight_smile:
difficulty over 7M, i hoped that some farm stop burning power due price going down and everything have different way :slight_smile:

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I agree with you 100% that its a win win. The lower it goes the more you can inject fiat. BTC charts are turning bearish in many scenarios…so ZEC will follow course…if btc drops to 42xx ish then zec will go to 22x ish…good to accumulate. And if btc goes below 4000 then zec will see $19x accumulate moar…No doubt about that. More cheap ZEC…technical analysis doesn’t lie and i dont see any reason y the above scenario doesn’t play out in terms of a bearish reversal on BTC.

In case of a bullish scenario we see $470 ish or higher in September…

We will see 900-1000 in Q1 2018 !! Guaranteed !! Bookmark this post. :stuck_out_tongue_winking_eye: :stuck_out_tongue_winking_eye:

Peace :v:

EDIT - Above advice is subject to market risk. Cryptocurrencies are highly volatile in nature.Do not afford to put in more than you can lose. (:wink::wink:)

We are in the long haul together. Before i die i want to see 1ZEC = 1BTC.:rocket: :rocket: :rocket:

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nice idea and theory, i hope u are right ! i bookmarked your post just now :slight_smile:

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Sold out… Feel not good with market…very danger situation

Feel Not Good, I think
ZEC $100
BTC $2500
But I hope i’m wrong .

you’re wrong, good bye!

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i’m small miner, and i love my money :sunglasses:

"Ruunnnn :see_no_evil:

there’s no need for you to be here, then. go mine something you believe in, and shitpost on their forums.

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i do not think so, its weekend and many institutional players are not in work … we will se tomorrow

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falling prices will push some miners away. sure. And profitability will rise again. Then miners will come back. and it will fall again.
Overall mining profits tend to even out with price shifts, even if the mining/trading markets are phase shifted from each other.

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I think you have a right. This correction was already predicted by @TheSchramm and other marketeers.

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Think there’s a 65% chance of a new Korean War. Wonder how that will affect markets. Cooler heads can still prevail, but should a hot war start …Our markets will be either bullish, or not… Still working on what might happen to our markets. Think i need to brush-up on war’s affects on national currencies. If the war’s being fought in your back-yard would imagine that’d be terrible for your national currency too.

They’d prolly need to inflate currency supply drastically to pay for war time goods, etc.

My (un-researched) opinion is “War is good for Cryptocurrency.”

Asian markets led the bearish correction. War is on their doorsteps; wouldn’t want to be holding too much flag currency… Will be very telling if Asian markets turn bullish tonight.

interesting http://thehill.com/homenews/administration/349058-trump-us-considering-stopping-all-trade-with-countries-doing-business
trump is not a warhawk. so this might be his plan (could be effective). if the administration moves forward with this policy; can tell 100% cryptocurrency will come-in-handy. privacy would be paramount (bullish).

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What if : CryptoCurrency bubble and crash
What if : Nobody buy your coins anymore.
What if :

Tulip Mania

tulips rot …that was their achilles heel

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I actually read up on the so called tulip mania. The whole thing happened in the land of contracts between wealthy dudes. They were making futures contracts, repurchase agreements, insurance on bets, etc. Most of it wasn’t real at all and the physical tulip bulbs rarely changed hands. Average people, for the most part, were not even involved except that they seemed to not be able to buy tulip bulbs for a while. Big deal. other flowers for the common man.

as for

What if : CryptoCurrency bubble and crash
What if : Nobody buy your coins anymore.

Totally possible. Currencies have little to no intrinsic value. The same goes for USD,EURO, GBP. Currencies have value as a medium of exchange and settlement of accounts. Blockchain currencies, in a bubble or not, still offer significant benefits over fiats.

If the US engages in war with PRK, I say cryptos will increase in utility. If you look at current legislation being entered into congress, theyre trying to restrict the movement of monies even more than ever. same for crypto too. US is trying to become even more totalitarian. What zcash offers with shielded transactions becomes even more valuable under that kind of oppression.

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Bubbles form and burst all the time - otherwise there would be no price action.

Tulips you keep sayin’. Can you send tulips instantaneously and anonymously to pay someone thousands of miles away? Can you fit virtually unlimited value of tulips onto a small piece of paper, that only you have access to? Is there an online capital market for tulips open 24/7 every day of the year? Is there a kind of tulip that no one can take away from you no matter how powerful? Now, that would be one hell of a tulip to own.

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Now you are talking :slight_smile: Peace :slight_smile:

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Tomorow everything back and slow going up 300+.

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Alert! Bumpy week ahead. Hang tight!

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There isn’t going to be any war…such talk is madness and makes no sense from a world economic position. There won’t be any embargos against any nations doing biz with nk. Our economy will go down the toilet. Our executive leadership may be on a crazy train, but we have others who are not so reckless…but on point…the Price of ZEC…

Let’s see what happens this week. If it goes up, good! If it goes down…good for that since some miners will run away making more meat for the ones who stay :):smiley:

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I told u be careful,
never lose your money,
very very danger situation

@AL888 Everything is on a downswing… it will get back up, it always does.

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Short sighted 24hr view and not isolated to this currency…Monero, Neo etc etc…including bitcoin have all had corrections.

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Someone is banking a shit load of ZEC (just seen one transaction in the last hour for 500 ZEC), that’s driving the price down but means it will come back up because people are investing in it.

Please PLEASE stop with your flipping doom and gloom posts.

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thought you already sold, go away.
down 11% and moving-up the rankings on coinmarketcap! we’ll make it back to the top 10, one way or another!

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so, china b& ICOs… that should have zero effects on ZEC, but yeah… is anybody really surprised communist china would b& ICOs? all chinese companies are pretty-much arms of the state. they cannot lose control over them.

is it labor day too? that might not be good… means US markets will be weak, like a weekend. sucky!
hopefully people will be enjoying their family-n-friends today, and not be panic selling - hopeful thoughts

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Oh I get it, you are one of those people who love to buy when the price is high. Good luck with that.

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Thought I’d be cool, and buy 2 crabs for my aquarium (bought 2 because i get a huge kick from telling people “i have crabs”). Anyways, sometime during the night; a crab climbed a water plant to escape. Now I’m terrified I’ll wake-up with a crab on my nose, which would be the most horrific thing, ever. Dude’s small, fast, has a large pincher, and hides well. Have a feeling I’m never going to see that crab again, unless they stink when they die, then I’ll be able to track the lost soul via dead crab stench.
RIP little buddy!

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Do not be in panic … amd and nvidia pump some money in to the crypro market :slight_smile:

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if the entity that’s been maliciously buying (capping) our market is lurking… hope you’re happy! you capped our market so badly; we hardly participated in the last rally… all you needed to do is wait for a correction. hope you’re losing money!!!

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but i understand two point of view … i am pure miner, not investor … i lose only piece of investment to hw and my profit is lower, but still is :slight_smile:

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actually, you are an investor! if you’re supporting ZEC via mining, you’re more deeply invested than a trader… you’re the kind of investor that makes the community/network better!

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how deep do you thing will the corection go this time ?

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u are right Kek :slight_smile: thanks for appreciation.

the basic rule of investment is, that u can put in amount of money, that you can lose.

This is very risky game with big win or big lose … i hope that many people here known about it :slight_smile:

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I am not specialist, but i think that 194-196 is very strong support level …

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if you’re asking me… think we’re beyond blood, and cutting into bone. (but i thought $240 would hold, so… whatever). the large malicious actor in our market basically makes charts worthless, ATM.

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Feel not good,. But i think 100 or lower … but i hope not…

Totaly chaos outhere

Totaly Chaos no one survive…
totaly chaos

i thought as well that it will stop near the 230-240 level … even placed a small order on the 240 lvl happy i just came home from doc. and could sold it right away when kraken didnt let me cancel the order in time …hate their f … micro outages sometimes it takes several minutes and tons of request to place single order

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This was a great fucking investment again, ETH crashing down from 390$ to 290$ FUCK:rage::rage::rage:
Crashing is so easy but growing is so freaking hard lately, now it’s gonna take weeks to climb back again, but I’m sure it will so just HODL and buy more. :smiling_imp:

Good opportunity to get new people into crypto, tell them pump it with all their savings cause we want our money back :christmas_tree::jack_o_lantern:

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alot traders short position right now,… (cover short @100 ?)

I’m gonna go ahead and say it, I had put the warnings in place…

Peace✌️

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death

I’ve figured this guy out now. He’s blatantly well invested into ZEC and wants to scare people off. Not gonna happen!

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@ AL888 you read my link further up?
You sure you not part of the operator/accumulation team?, it is starting to show with your FUD to scare people out of their positions into the operator/composite man’s hands…
Thanks Wyckoff!

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I just scroll past his posts now.

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This down is minor setback. I took the money I had in Kraken account and bought more ZEC today. I’m also a miner and am expanding due to this downturn. I’m in it for the long haul and know it will come back up in price. In the last month I’ve seen it drop below $200 on to be at over $300 this past Friday. Besides I can always sell my GPUs off and get some of my investment back.

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“Sell your gpus off” that’s a big income man…, sure it will pay your rent for half month or something. TBH one has to be dumb today to buy second hand gpus especially if they are used for mining. It chops off it’s life span like running a hdd for 10 years. Would you buy a 10yo hdd with thousands of days running without warranty?
So the people you still have a chance to sell those VGAs to are the poories and cheapskates who try to save a 100 bucks on getting them from a vendor with warranty.
I hate to sell on ebay more and more it’s just so painfully slow and under a certain money it does not even worth my fucking time to bring my ass down to the postoffice I rather just give away or throw away stuff.

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I think it was meant a little bit more light hearted than him actually planning to do it lol :roll_eyes:

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may be i will see zec net difficulty under 3M again - due this all pesimistics posts :slight_smile:

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FYI: https://www.cryptocoinsnews.com/massacre-monday-ethereum-bitcoin-prices-lead-market-retreat-after-china-bans-icos/

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as a miner i’m ok with the price going down , i need some months to collect coins before difficulty goes to sky

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imo, PBOC hostility is a good thing! can make an argument this is good news for zcash.

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well it is still bether to purchase a GPU used for mining from a person who didnt run tem over 70 deg, cleaned them on frequent basis, lubricating the fans, atc that to purchase the same from a “gamer” who cleans his PC once a year and run the gpu around 90 deg and haveing a stockpile of dust in the heatsings, never lubricated the fans so after 2 years they are done for and need a replacement …comparing to HDDs is totally off from a IT view. the HDD will get killed more easly than a GPU as for me iam currently running an old 2x R9 280x in crossfire in my budged gaming rig for almoust 2 years i purchased them from a friend who mined on them for about 1,5 year and the cards stil looks and runs like new … the cards aftermarked price is now around 120 eur due to crypto hype in my country i have purchase them for 100 eur from him so i can still resell them without money lost thanks to crypto hype and greedy people :smiley: :smiley: :smiley: :smiley:

But yes if you encaunter a mining “pig” who dont care about the cards they will be in worst condition than from a gaming “pig” but you can see this on the cards during the purchase especialy on the back side of PCB the residual resine from soldering will start to show up on it due to long run on high temps especialy it is vissible around the VRM mossfets

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Say it again. It look’s like that too many “miners” are not listening.

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a lot of money sitting in USD, CNY, USDT, etc …just looking for a new home… announcements will be a great deciding factor on winners, and losers. need something to attract that sidelined money!
never forget - wealth only transfers ; never destroyed

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Right now the cards I’m using aren’t even making it a month before I replace them. That’s not due to wear and tear. It’s due to upgrading to a faster model. I’m trying to up my hash rate as much as possible. I started with a couple of 1050 ti cards and am now moving into the 1080s. I have one 1080 ti, but the power requirements and cash flow limit me from buying more. I’m adding another 1080 to one of my rigs today to continue to increase my hash rate. I want to be able to make 1 zec every few days to at least a week. I will take my rig that is all 1070s and slowly replace them with 1080s as I go. The goal is to have 3 rigs with 20 1080s running at one time. I’ve sold a 1060 in the past an got half of what I paid for it. I also always disclose that it was from a mining rig. It’s always up to the buyer to make the determination if they want to buy a used card from a mining rig. Besides I always offer a 14 day return policy on my ebay auctions.

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good for you iam running 1060s love the aprox 80-90W per card power consuption btw do the 1080ti have better power to hasrate ratio ? or you just aiming for the higest hashrate possible to reach the desired 1zec per couple of days target ?

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I am mostly looking for the higher hash rate. Besides I’ve noticed that the 1080s running out of the box are much coolers than the 1060s and 1070s. That’s according to the stats that EWBF is giving me. The 1060s and 1070s are running about 70C. The 1080s are running about 65C.

BTW I’ve been watching the market. With the US being on holiday today I’m predicting the market should be back in the $250 to $260 range by end of week.

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I say, “good riddance” to the ones with weak stomachs for blood…kick rocks. Low prices means miners will switch to other currencies or exit entirely. That creates opportunities for those who stay by way of bigger pieces of pie. There was another big drop in value not more than 6 or so weeks ago. Then it swung back up.

I personally don’t think these are “corrections”, but, rather, just the wild nature of crypto markets. I think these wild swings are attributed to the reality that many invested in crypto are inexperienced; c.f. that with traditional investment markets where you find mostly knowledgeable participants, where wild swings are not mostly the case.

If it goes to 100…keep mining…if it goes to the moon…keep mining. It’s my position that accumulation for the long, long play is the best one. Let’s revisit this in ten years…

As far as equipment goes, there are good opportunities for used GPU’s provided one takes the consideration that there’s risk of failure. I have over 10 AMD HD7970’s, for example, all of which I bought used, and two have gone tits up. I got all of them for good prices and perform really well. My yield per dollar is 2.5H/s or so. Even distributing the lost money for the dead ones, my cost is still good - or acceptable to me. And yes, I run the dog crap out of them :slight_smile:

As it stands, I have 10 7970s, 3 7950s, 2 980tis, 6 r7-370’s, 4 1050tis and 7 1060s. All this combined gives me about 7.1kh/s. I like the new Nvidias since they sip power compared to the old ones…anyhow…back on track…

Mine and hold…who cares about the daily, hourly, minutely price swings. If you’re in this investment space, you gotta roll with it - AND ONLY invest money you can lose!

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may be reversal time :slight_smile: i hope

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hopefully not i would like if it more down so i can rebuy more tokens

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i understand you, but be quick … i am not market specialist, but i feel, that price direction is changing

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now its battle between trading bots :slight_smile:

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Looks like market is picking up. Could be $240 by the evening.

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i purchase it back :smiley: thx to goddam kraken until it accempted the order i lost 8 buks on curse :rage:

you know it would be funny to se if it would start to drop again in 5 min :sweat:

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but it was just my feeling, i am not trader … do not hate me if something went wrong

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no worries
my money, my zcash, my decisions
the only person to blame for this is me and no one else

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Looks like my prediction is ahead of itself. It’s almost at $250.

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I’m finding buying zec at 0.048 and selling at 0.065 very profitable. With all these ups and downs it’s been working pretty good.

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Sure. But it won’t be long before you go completely bankrupt doing that. “The Siren waits thee, singing song for song.” Best of luck anyway.

LOL i thing it didnt ended …lucky me i have been able to owerthrow it several times here and there and instead with lost i made few bucks extra profit :smiley:

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interesting… USD is dominating BTC volume… this is a change from CNY dominance Bitcoinity.org

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Today:


Tommorow:

After Tommorow:

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@kek what are your thought on this? Cheers!

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posted this yesterday, elsewhere:
current market’s obviously a bloodfest, but out of the ashes will rise some winners. imo, PBOC hostility is great for privacy focused alts, because it serves as a reminder that most governments will do anything they can to stop advances made by CCs.
blah, blah, blah
long/mid term
winners - ZEC, XMR, dash
losers - ETH, ETC, NEO, etc

(only reason i added XMR/dash to the list of winners is so the post wouldn’t seem too shillish!)

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personally, believe you should be b& until ZEC hits $100… that shouldn’t be too long, right? lol

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I understand many of you are passionate about this discussion, please keep on topic.

Also, Racist comments will not be tolerated, user @stargate has been suspended for a week. One more violation will result in a permanent ban.

Please refer to the code of conduct:
https://forum.zcashcommunity.com/faq

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side note: there’s too much money in ETH for it to completely shit-the-bed immediately. MMs will need to pull-off several exit pumps to leave the market… but make no mistake - china banning ICOs is a major hit to ETH, and others like ETH. creates a massive economic hole.

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Market always 2 side bull side and bear side, so dont be afraid with BEAR

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::::eye roll:::: said what i needed to say, good luck.

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I, personally, believe that ZEC is good crypto to inverst in and it is not a scum. So, seriously decreased Net HR is good :slight_smile:
Current situation recollects me BTC in June middle and July middle :slight_smile:

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leveraged ZEC trading on kraken, plz… wondering if anybody knows why this hasn’t happened. am i the only one requesting it from kraken? this needs to happen. mebbe somebody from zcashco should reach-out, and suggest this… kraken could quickly become the premier ZEC market; will help with our liquidity issues - win win

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but first they would need to fix the delays with placing, cancelling orders, unexpected site crashes that they currently have. sometimes to get your order accepted and placed you need submit the order like 8-10 times cancelling is the same it takes several minutes to get the order there and the delays aren’t good as well you place an order you get the red info that the order has failed asking you to reload the page when you do it no order anywhere and the current price already moved then 3-4 minutes later out of nowhere your old order get submitted and you lose money on it because the current price differed like 10-15 bucks, this happened to me yesterday 2 times, don’t even mentioning when you try to wait to sell/buy on the top/bottom that is almost impossible to place the order in time. During the last rise the site even went down for few minutes due to overload. So yes they could if they fix their technical issues which they currently have

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to the asshole that just down ticked our market… once i get home, going to sell myself ZEC $5 over market everytime you do that, enjoy yourself for an hour… do we even have an actual ZEC MM on kraken… no MM would allow this to happen

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just one question for us noobs please explain what you mean with tick the marked

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rough example - real buyer bids market to $236. market’s trading @ 236 - entity (almost immediately) sells themselves around $10.00 worth of ZEC @ $229 (could’ve market sold @ $232).
this “down-ticks” our market, and spooks real buyers. on average, no trades will happen for around 10 minutes whilst the market figures-out what happened. this is terrible because kraken reports ZEC @ $229 for (around) 10 minutes, and hurts our average. to counter this, somebody needs to immediately “up-tick” the market by selling themselves (or a friend/partner) a small amount of ZEC above market… i’m not a MM, tho …and this job is usually handled by the market maker.

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it’s a form of “painting the tape”

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Good news, everyone

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did you just post a positive comment??

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It’s easy to be wise after the event … :slight_smile: but i apriciate your positive feeling :slight_smile:

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I hope that u are still in position and make some extra money :slight_smile:

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well my target is at least 5% of my current amount of money on kraken per day no matter if its rising or dropping and for now i meeting the target on everyday basis except 1 day when we have a power outage and I has not been able to trade

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@kek

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Bearish reversal coming soon…wont be surprised to see 175-185…buy the dips…we will see 600 in november…

Peace✌️

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Excellent! Take out the trash.

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For major institutions to enter the market there need to be clear regulations and ICOs have lot of frauds. But a blanket ban is bad nevertheless.

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Everything starting to get red…the next dip in btc will take zcash to below 200…buy and accumulate…I’m withdrawing funds from other currencies of my portfolio and putting it in Zcash…I’m 80%in ZCASH and 20% in SHIFT now…HODLing till eternity.

Before i die i want to see 1ZEC = 1BTC.

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I think that BTC is not so low for now, but many potential buyers of ZCASH are very careful after weekend sold off of ALTcoins

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@kek, do you see a bearish reversal in play or is this just a bull trap developing? Cheers.

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i’m very bullish on ZEC… we’ve actually had some good news (XMR gets dumped by shadow brokers, stream using zcash+etherum is a cool announcement) we’ll have occasional dips, but i’m bullish. (keep in mind i’m not a day trader)

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Sorry. I wasn’t referring long term…i was just talking about the current market situation. Shd have been more clear.

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:sunglasses: we are bullish, AF

shadow brokers are competent blackhats with access to NSA’s tools… their lives litterally depend on anonymity. dumping XMR in favor of ZEC is the highest endorsement we can receive

…waiting for coindesk’s write-up on this.
we will have dips, but we’re bullish

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It’s a dubious “honor” at best that a gang of criminals would choose to use ZCash for their extortion payments. Such a stigma is why people in the mainstream have a disdain for Bitcoin, saying, “Bitcoin is for criminals…bla bla”. Endorsements from criminals serve to weaken perception among the public at large, not strengthen it.

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if criminals won’t use your currency; nobody else will either.

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TheShadowBrokers Dump Service - September 2017 — Steemit here’s the actual write-up…
looks like shadow brokers dump service really enjoyed the encrypted memo field… now that there’s an example of successful usage; perhaps the medical industry could realize the advantages of ZEC over other block chains…
side note - the top subscribers to the dump service are prolly infosec, so criminals aren’t the only buyers. one could make an argument, shadow brokers dump service is marginally ethical for selling to everybody.

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Let me clarify my earlier remark: Criminal endorsements do not help foster positive public opinion. However, for those people to choose Zcash speaks to the value of its anonymity. I’m afraid, though, that such tools also attract the attention of those who’d want to weaken or undermine it, specifically governments.

Legitimate applications which utilize the secure nature of ZCash is what they need to report. Those stories are what helps educate the public and, then, bring up prices. The latter is what all of us want.

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understand you! but governments are going to attempt to undermine cryptocurrency regardless! last few years people have let their guard down.

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$300 tomorrow morning ?

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invest long term ? are u sure ?.. uhuk … uhuk…
investlongterm

Looks like it…there was a bear trap in place earlier i think…now we may have one more leg up before btc corrects…lets wait and see…

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What does pip and run mean

Yes, without question, the greedy hand of power always seeks to control - and undermine - money. Cryptos, all of them, IMO, scare government for the simple reason that cryptos are outside of government dominion (in theory, at least). This is main reason I love crypto and have since BTC first came out in ~2011. No longer does any government need to be in my money. I like that.

However, in practice we see gov creeping in from every corner. Why I like Zcash so much is the anonymity it gives sender and recipient and the fact it’s decentralized (for the most part).

On topic: We’re hovering around 250 or so. I hope we’re on the moon in 10 years!

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Lol…3 years we will be on the moon…6years on Saturn…10 years in a different galaxy altogether…:wink::wink::rocket::rocket:

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I think the shadow brokers news is a bonus PR for us…we should be taking it in our stride.

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It is at least some news. Almost any news is good for us now.

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their style rustles jimmies, and they’ve been legit (i think) so they get media attention. for a small up-n-coming alt network - all media attention is good… thought it was extra hilarious they tossed XMR under the bus!

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Yup…also it makes the general public (who do not have any idea on the various features provided by the privacy coins) wonder why xmr was dumped and zec was chosen. This in turn leaves a positive impression on the privacy aspect of zec…imo of course.

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obfuscation will always be defeated! read an infosec report on the first monthly dump… there was an interesting tidbit… they knew amounts of BTC, and XMR… amount of ZEC, unknown.

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I did read on this. The fungibiltiy ascpect of zec is awesome…

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I personally take their use of it to speak to the security of ZEC. However, my distinction is that the “Average Idiot on the Street” will not see it the same way :rofl:

…and yes, let’s hope we;re in Andromeda in 10 years!

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looks like that not this morning … seems you are right with bear direction … see you tomorrow.

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believe we’re building some decent support… next leg-up starts within days, imo.
kek.gg leg-up 1
kek.gg leg-up 2
kek.gg current market preparing for leg-up 3

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I think we may have another retest of the support at 225…that will determine the final leg up. But we are headed for 450+ provided BTC doesnt start its corrective leg. BTC is really struggling at the current level…

We need to close above the Ichi cloud at around 260 to see a bullish trend.

I think we will test all previous supports this weekend around 225, 195 and 175 (i hope we dont go there). BTC trading volume is declining and considering how bearish weekend crypto markets are statistically, we will see an uptrend by early/mid next week as you suggested. :rocket::rocket:

We dont have enough volume at this stage to push it past 260…:rage::rage::rage:

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good rule-of-thumb: during accumulation (for-the-most-part) only T/A that matters is support/resistance. and we do have large buyers, they’re just low balling the market, and not getting filled… keep in mind - we’re always weak early mornings EST… we’re days away, not weeks… you’re correct, a lot of this depends on BTC, unfortunately

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HIT N RUNNNN …

Invest Long Term… uhuk uhuk… $230 again… oppsss $200 again Lol…

Except it’s at $243 at the moment. Why are you trolling?

are u sure $243

Oppsss $223

Damn !

LAST
$243.00
HIGH
$254.85
LOW
$243.00
WEIGHTED AVG
$248.11

Use a better exchange.

you’ll lose your money longterm. true players accumulate large positions over time …have held since i backed the truck-up in the $20-30 range. you’ll never make real money with this style of trading.

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this cat is not a trader… he’s previously said he’s a small miner… really should post that so people don’t get confused.

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Sorry Privacy :stuck_out_tongue: (edit)

trade like you claim you do; bank will own that in no time.
side note - modern architecture is garbage.

pro tip - key to becoming an apex trader is being humble. jesse livermore’s considered to be one of the greatest traders of all time. jesse also went bankrupt, and ended-up committing suicide by shooting himself.
think you’re young, so this will make more sense in a few years!

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I say we call in a vote to impeach the chipmunk…

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Yesterday all my troubles seemed so far away.
Now it looks as though they’re here to stay.
Oh, I believe in yesterday.

Suddenly I’m not half the man I used to be.
There’s a shadow hanging over me.
Oh, yesterday came suddenly.

Why she had to go, I don’t know, she wouldn’t say.
I said something wrong, now I long for yesterday.

Yesterday love was such an easy game to play.
Now I need a place to hide away.
Oh, I believe in yesterday.

Why she had to go, I don’t know, she wouldn’t say.
I said something wrong, now I long for yesterday.

Yesterday love was such an easy game to play.
Now I need a place to hide away.
Oh, I believe in yesterday.

Mm mm mm mm mm mm mm

==========================
Get To Go… uhuk … uhuk …Bye

http://m.jrj.com.cn/madapter/tech/2017/09/08211823086220.shtml

Apparanetly China banning all Bitcoin exchanges except OKCoin…

EDIT - not a verified source…looking into it…

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if china really did b& bitcoin again… it’s a major sign of weakness. might be a good idea to short the yuan.

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Its no good … so this is name of song too, but from other music band, than the lyric from AL888

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Here’s a question…does anyone know of any exchange (other than coinbase) that supports ACH transfers? It’s 2017 and all these guys support is wire transfers. Almost like they are ignoring the American market simply because Europe uses wire transfers like a bunch of cave men.

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We use SEPA transfers in europe. I can get fiat money in and out of kraken within 24 hours.

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I must confirm that :slight_smile: I am using SEPA too.

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Canada has Quadriga which uses Interac. But I agree, most exchanges are in the stone age. There’s no reason in this day an age fiat can’t be moved in 1 business day electronically. Heck, even instantly. It’s so silly.

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are you shore because last time i send money from kraken thru sepa to my bank it take 7 days the delay has been caused by kraken itself it took them 5 days to approve the withdraw and place a sepa in bank after then the weekend came

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just search in krakens faqs

Execution times can vary, but typical estimated times are listed below.

EUR SEPA: 1-5 business days
USD domestic wire (SynapsePay): 1-5 business days
USD SWIFT (SMBC): 1-5 business days
GBP SWIFT (SMBC): 1-5 business days
EUR SWIFT (SMBC): 1-5 business days
JPY domestic withdrawals: 1-5 business days
CAD EFT: 2-5 business days

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the problem is you cant do it with a large amount of money/tokens because it take a lot of time to get it trasfered to z cash and back and can easly happen that untill you sell your let say 50 Zcash like this it will already drop…this can be done with few tokens and you can really make some small money for let say pay the rent or at least a part of your bills

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For me it has really nothing to do with how long it takes. Moreso, it’s the fact that wire transfers are not free. For me to receive a wire transfer, it costs me somewhere in the ball park of $20.

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just used it as a complete information to share :smiley:
did you checked if paypall ist going to me cheaper solution for you ? i live in EU so i dont know about situation in US

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It looks like Coinbase is pretty much who everyone uses. Just sucks because they only support BTC, ETH, and LTC…so I’ll have to buy one of those three and shapeshift into ZEC.

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I wthdrew €50 at around 10 pm at night, and it was on my bank account in the course of the next day.

I was just trying out to see how long it would take, because i noticed deposits were really fast.

Maybe it is because it is a small amount and I am tier 3 verified

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I have the same experience, SEPA works well - up to 24h on my account in Raiffesein bank… but bank fee for incomming payments from abroad to my country is different story … first payment in the month is free, but next is for 8euro :frowning:

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Gemini. btc and eth only tho

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same here T3 ver last time i needed 80€ for electricity for the small miner i have not the frist time i wthdrew something but it take at least 3+ days for me well i hope next time i will be also so lucky as you 1 day is awsome >D

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Shapeshift fees are pretty high. Try changing your alt to Bitcoin and then to your desired alt through bittrex or a good exchange site, will save you some money along the way :slight_smile:

Edit: typo

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Agreed. Shapeshift fees are super high. I just trade ZEC to BTC then sell the BTC on my exchange of choice (Quadriga) and withdraw directly to my bank. Takes 3-4 business days tops.

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Cryptonator will change ALTs, but their fees are not small. I mine ZEC to my cryptonator wallet and then send them on their way from there. They offer wallets for bitcoin, bitcoin cash, litecoin, zcash, monero, dash and a bunch of others. Their sending fee is pretty low, though. And they dont have any verification process :slight_smile:

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I don’t understand why people want to mine and hold coins on an exchange. That’s placing a lot of trust in them. I trust them just long enough to do the transaction I want

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This ship is sinking…BTC will break 4k and we will break 200...I'm in USDT atm...will increase my position size once this goes down...will help me average down wise as I had entered at $335-375 due to Alphabay FOMO back in June…175 is a great price to get some for those who have missed out if we get there.

Peace✌️

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It seems to be holding above the $215 mark. We’ll see what happens :slight_smile: best of luck to everyone.

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I still can’t get over the fact that fukin Alphabay was shut down before Zcash was implemented on it…it truly broke my heart…I mean, seriously?we would be in top 10 now where we rightfully belong.

Ah well, I have slowly come to the realisation that good things come to those who wait…

ZCash is King and will be for the next few years.

Peace✌️

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You think that Zcash price will go down to 175? I think it is very low. My order placed on 190.

It is possible IF we break 195…i too have pending orders at multiple point in 185-195s…When btc went down to 4k like it did few days ago, zec went below 200 as expected. If btc falls to 3200-3600 (expected correction point) then we will see levels below 180…I’m sure of that…

Ive been quite accurate so far…so lets see what happens…imo anything below or equal to 200 is a good buy…we have been defending 200 really well…

Just look at the past 30day chart of bitcoin and compare it with ZEC…u will know what I’m trying to say…the price movements are exactly similar…

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i’m afraid below 100, very painful for long term investor, I hope not… Uhuk…uhukk…

You should sell now then and get out while you still can.

Sold out
Standby @usdt
Waiting below $100
Uhuk.uhukk…

Well, this period is what are we wating for long…For those who know what i mean…:wink:

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It would really make my day if you wake up tomorrow and we’re at $500. I would literally laugh so hard :stuck_out_tongue:

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Not tommorow, but in near future. I will just repeat Leonidas words from movie “300”:

  • HOLD!..
  • HOLD!..
    .
    .
    .

In my opinion, @AL888 is fully right. This is THE END. But, THE END of THE BEGINNING. From this point, Zcash entering a new era.

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So you think we’re gonna drop below $100? Lol

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Read my post again…

No need. You were pretty clear. You said he’s “fully right”. Perhaps you should reread your own post :wink:

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Yeah, it must suck to have missed the 30 USD train. But do not despair there will be more opportunities in the future, as long as you don’t lose everything day trading.

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last time you said that we rallied to $250.

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You are crazy if you think about this. This is impossible, because when was fall from 450, bottom was reached on ~120. Now all wallets are stronger (BTC and ZEC). So possible bottom I think it is something near 160-170, not lower. Real bottom now is near 185-200. I will wait to buy for 190 in my 30% of deposit. Then wait little bit…

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dude is a confirmed troll

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I can see ZEC dropping down into the 180s or 190s. It won’t stay there for long. Doesn’t matter if it’s crypto or fiat, someone can manipulate the price to suit their needs. I’m going to hold what I have for the moment and cash out at a certain price to pay off the debt incurred by procuring my mining equipment. After that I will hold what I have and treat it as a long term investment. It will take several years for ZEC to get to point where BTC is.

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I see ZEC going up when we have some basis for an increase in price. Right now it’s just nothingness. Just fluctuations in a narrow range. I’m waiting for some real news to happen.

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Price was $450, Net HR skyroked to 320 Sol/s. Nowadays price fell to <$200 , HR is still 320 Sol/s…
why…? how…?

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more and more miners (include me) needs squeeze drops from lemon :slight_smile:
ZCASH is still profitable if you look on whattomine.com., only ROI take more and more time, but still in break even.

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If you’r looking for short term earning. Better mine zcl or hush.
Right now is good position to mine it.

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and what do you think about ZEN ?

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Great also. Beside them, don’t forget about Komodo. Hi is a natural coin of SuperNet.
But, if you need real inside informations, the best address is @anon47418038

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Komodo is doing some great stuff, but we need to get their GUI’s improved! (well, all cryptocoins need better UX)

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Looking at the charts its highly probable that btc falls below 3000…if that happens zcash will touch $150ish levels…fingers crossed…its gonna be a red bloody September…

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Damn. Should I sell my zec now and then rebuy at bottom?

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i’ve been thinking about it too

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$200 broken…hehe…

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Insider Info From Panda lol :rofl:

Lol…If it reach 100usd, i’m going to be sooooo rich!

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I will beg, borrow, steal to arrange funds to buy 500-700 zcash if that happens…lol…a part of me wishes you are right, but the logical part of my brain says u r just a chipmunk after all…:sunglasses::sunglasses:

Peace :v:

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Great time to mine ZEC , rewards are much better … stacking up the pile :slight_smile:

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much better ? did u see average difficulty after last week :slight_smile:

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I’ve seen my mining payouts pickup a little. Where are you getting your info on difficulty?

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i did not see any significant lower trend past week


source: www.coinwarz.com

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Been looking at the historical data and the price has been in the low to mid $200s through all of August. It didn’t pickup in price until the end of August. It should rebound again. I’m going to put a sell order in for $300 to get my equipment investment back.

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as u wish

I personally will appreciate the criticizism or any argument against zec which has a logic behind it… I follow many people who are against crypto and zec to have their viewpoint as well coz I don’t believe in taking the rosy picture according to my liking and risks…

But Your posts on the other hand are just nuisance… it breaks the momentum of reading the threads … and it never has a valid viewpoint or any logical sense behind it (or you never explain the reasoning)
It looks like some adults are talking and a kid is just trying to be heard by saying random nonsense…

I hope you get into a constructive discussion so we can probably learn from you and discuss the insights you may have… otherwise you are just wasting your own time… All the people here have enough patience to handle the ups and downs of the currency so I am sure everyone will have the same patience to ignore the ADHD kid who just wants attention…

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Nah, he is just using poor man’s strategy to push the price down. Let him work so we can buy cheap if he is successful but I think whatever he is doing is a waste of time.

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Aaaaand we’re going back up :slight_smile: (for now)

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I have strange feeling that price of ZCASH skip over ETH very soon and it will not be good for miners :frowning:

looks like that sb switching BTC and ETH for ZEC …

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I think we take 240 and go down again to 198. If BTC will be enough weak, we can continue falling to 170 etc… If not, we can take 260 or more :slight_smile:

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The support level is ~200 I don’t see ZEC falling to 170 any soon <3

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Yes, i think you are right. There is no signs yet for drop below 200.

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These are just dead cat bounces. Don’t keep your hopes up. We dont have enough volume to go over 250-260…we need at least 50mill in volume fo that…not happening anytime soon…

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Hahaha…getting obvious now, all you FUDsters
Accumulation done & getting ready to pump now?
Bring it on, I am HODLing and ready for takeoff…

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Maby at the end of september.

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So Guys when you think all we go down to 200, 175, 150 support levels?

Most of us have invested on ZEC and all of us want to know when price is going to rise.
We also do questions like when do you think that price will rise or this is a guess etc.
In my opinion we all ask the wrong questions. I believe that the correct question is “when BTC is going to rise again” so
altcoins rise too. Also, i believe that an other correct question is when china will stabilise and organise again
and bypass these last days problems so all crypto coins get a pump.
These from a noob miner and trader…

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I agree with your thoughts but I also want to add that the only way and I mean the only way ZEC price will go up is when there is something new about ZEC. Nothing has changed on the front end of ZEC that would change a non-believer to a believer in ZEC. In the meanwhile I’m just sitting here waiting for a nice big update that would give a spark to the huge potential ZEC has.

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Over the weeks i have emphasised some critical levels over and over again. Many people disagree due to reasons known to them. But i will state them again.

BTC falls below 4500, ZEC falls below 250
BTC falls below 4000, ZEC falls below 200 (happened yesterday)
BTC falls to 35-3700 and below, ZEC will go to 175.(expecting this to happen this week end)

These are very important levels and are EXCELLENT accumulation levels and this is the cheapest ZCash will ever be…we are going to form higher highs and higher lows after this btc correction phase finishes.

We are bullish long term and will see $1000 in Q1 2018. Period.

As far as market is concerned we will see a 3000ish bitcoin soon and UNFORTUNATELY ZCash will follow the same price trend but i dont see us falling below 150 (170 will be the bottom imo) unless something unexpected happens (situation with China)…either this month or next i am sure of that.

No asset can just keep growing and growing without a correction. A price correction every now and then is critical for any asset to ensure a bullish trend is maintained over a longer term and also ensure successful maturity of the asset.

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how you guess 3.500 $ BTC?
how you guess $1000 zec in 2018 Q1?

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I just wish the network hash rate and difficulty would reduce with the price. Just keeps growing. :frowning:

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True… Frustrating situation, as for me - price is dropping, but more people come :slight_smile: A lot of complaints regarding lack of regular updates from the devs, but more miners mine ZEC.
Seems, like some “big fish” knows something valuable.

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I do not think so. Many big players invest big money to their farms and need very quick ROI. You have to realize that they have contracted much better price for electricity than common household and are still more profitable than most of us. I do not expecting significant decline of net hash, may be some slow down of rise…

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If you can, just hold your Zcash as tight as you can. Do not sell it or fall under pressure. Wait till acumulation period finish. Then, you’ll see the real power of Zcash. I’m talking for period from october till january 2018.

Also, my intuition is telling me that ZcashCo will make an announcement about something impotant at the high increasing price moment. That info will additionally push up price, more then techical analasys can predict.

But, this is just a hunch because i will do that way. :grinning:

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itoldu

$100

Is price going down only because people are selling their zcash?
What suckers are selling at this price?

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not even close. have a long way to go for you to be correct, but, you just threw a random number out there. you’re not going to hit it.

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anybody selling in the 1st year is going hate themselves in 2018!! we actually start in oct… oh well… back to vacation i go …laterz!

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Enjoy your vacation, @kek

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Why are you here? You don’t provide any personal insight but instead every two posts I have to see “ZEC $100 uhuk uhuk.” If you would like to share the reasoning behind your thinking, share it. Otherwise, I ask that you chill out with your fearmongering.

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He might have an insight and is taunting us or is just an idiot who has no clue. ZEC is not even a year old. Something big might happen around the anniversary of Zcash.

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Don’t listen and buy the dip :slight_smile:

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As expected, BTC falls below 4000 and ZEC falls below 200…next stop is 175…buy orders cancelled for now. Will watch form the sidelines for now and re enter when it seems right…

Seems like the correction might last till the end of this month (imho) before we take off for the moon 1st week of October as @kek , @TheSchramm have mentioned multiple times.

Good night all!

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thanks brah!! i’m actually a refugee from south florida… just turned it into a vacation! lemons-to-lemonade!! :slightly_smiling_face:

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Enjoy @kek :beach_umbrella: :desert_island: :desert:

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The main reason this is happening is primarily because of China and their fuckery. Every few days there are reports of China threatening to ban Crypto and ICOs. Every time it happens, the entire crypto market takes a 15% hit. None of the rumors have been verified.

What a huge cluster. If I were you, I wouldn’t buy anything right now. Just wait until the bottom settles and then start buying again.

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Yup…exactly my thoughts…al my buy orders have been cancelled…if btc drops to 3k (possible though unlikely) zec will bottom out around 140ish…so i would probably consider entering around 140-170ish levels…

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Wow, nethash hit 440M :slight_smile: something will happen …

edit: sb. switching bTC for ZCASH and XMR again …

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Back to $210 where it’s been most of the month. I believe this was the lowest it’ll be :crossed_fingers:

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ok, guys…here we go…

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the problem is bitcoin lol

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Looks like ZEC going down in price has scared off a few miners. My payout was at it’s highest today.

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I’m in the Tampa Bay area and had to take my small mining operation offline for three days b/c of Irma…she cost me some valuable ZECs!

Stay safe!

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thanks bruh!! compared to the people that stayed; i’m living well! stuff can be replaced… living life as a refugee isn’t too bad… basically entitles you to a free drink at any bar!! you stay safe too!

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price is rising atm, i guess it is because of this : Chinese Bitcoin Exchanges Will Likely Not Be Banned After All » The Merkle News

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Yeah these and that jpmorgan @hole. It is going back now slowly, problem is waaay toooo slowly. That would be nice for all the currency fanboys out there if cryptos would not be pegged to BTC anymore but could perform on their own.


BTC is likely to be overtaken by ethereum or LTC in the near future anyway due to high transaction fees and slow processing.

I also can’t wait to get in on filecoin when they open. The only useful ICO on the net.

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As stated multiple times price kissed 175 levels today with btc falling below 3700…

If btc falls below 3500…next stop is $150…i still feel 175-180 is a good point to renter for long term hodlers so i have re-entered with 30% of my capital…will avg it down all the way to 150 if we get there.

On a side note…accumulation is strong…volume is greater than 35mln today…hehe…

370>490>600>1000>1500>2000>2500>3000>4000>5000 (me retire) :sunglasses::sunglasses:

10,000+ (me go on a trip to moon with @kek) :rocket::rocket::joy::joy:

Peace✌️

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Falling my ass, this is when it will stop falling because I just bough back in :stuck_out_tongue: Didn’t even have BTC on my portfolio but wanted to get this TenX card so what the hekk let’s buy some :smiley:

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This has been a fantastic week with Good news coming in everyday…long term ZEC wins…:sunglasses::sunglasses::+1::+1:

Edit - just read BTCC pulling out end of September and BTC and altcoin trading being suspended in China from 1st October…Faak! The amount of FUD this week has been insane…

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If the fukin panda is correct and we get to 100 (highly unlikely imo but china news cant be ignored)…its gonna be epic…slap in the face to all of us…

The panic is insane at this stage…

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are you shorting the yuan? china banning BTC is a sign of weakness http://m.economictimes.com/markets/forex/chinas-yuan-extends-losses-after-c-bank-sets-fix-at-near-2-week-low/articleshow/60508740.cms
hope they enjoy those “hot dollars”

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Well let’s be realistic here. Just a rumor on a ban in China caused the market to basically projectile vomit the last 2 months worth of increases. At this point I think China is being deliberate in order to drop the price of BTC down to where they want it. The problem is, it’s dragging everything else down with it and it wouldn’t surprise me if it starts to trickle over into fiat.

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HOOODDLLL:joy::joy::joy:

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be bold

i was hoping you’d post something !!! every other time you’ve posted; we started rallying!! this is fantastic!

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We’ll just gonna ride it out again… but man, if it reaches 100… I’m gonna enter the buyers market and not just mine.\

Lets see what the mighty bitcoin does.

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Same.

And I’m planning on bringing up another 12 gpu rig over the coming weeks. When the hard fork happens, I’d guess 90% of transactions go shielded.

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every day at least one bad news, looks like as September rule …

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apparently all markets are shit in september

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Well, I’m freaking the f**k out right now. Not gonna lie lol

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Mine…hold…who cares about China. Their loss. Let’s see where this is ten years from now.

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at worst i will have mega multimonitor gaming station :slight_smile:

but in my country we are saying - why do pants take off if the ford is far away

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Lol, me too. Worst case scenario I will start playing in Ultra 4k xD

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I exchanged all my ZEC into ETH 4hours ago I was hoping to see Zcash price higher than Ethereum like in June but I found their projects actually more interesing and their improvement proposals promissing including zk-SNARKs.

ZcashCo Team found minors cryptographic vulnerabilities in IOTA but actually IOTA is one of the most succefull ICO and only 3 months old with $1,285,518,858 market cap. Yes already 9th on coinmarketcap.com

Zcash stay again too undervalued specially in darknet market compared to the totally tracable overvalued Bitcoin IMO

But Zcash stay strongly the most profitable coin to mine thoses days

It’s just my opinion, HAPPY SALES and dont beat me :slight_smile:

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Best of luck to you, @jimmy97one61.

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My machine after 11 days mining 1 ZCasch. As I started it cost 280dol now 167 Ok investing long term.

Not stop mining :slight_smile:

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Go on, sell. You think you were sorry for not buying btc 10 or 12 years ago? Dont be sorry.
Just calm down and hold. Dont kept swept up in the hysteria. Use your brain. Every market sees this kind of failure. Btc is a giant panicky overcrowded bounce house whos investors, i imagine a large portion anyways, are just now getting wind of whats happening, and their loggin on and filling as many asks as they can. If you ever expect people to figure out why Bitcoins sucks, they have to see it because seeing is believing, otherwise they just believe it over they’re told you know. People will figure out zcash is awesome, it’s just going to take time. There are plenty of other good short squeeze altcoins but zcash is for the long run

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I was having a look at some charts this morning…Zec seems to be a bit fucked u due to the BTC correction…if 145-150 doesn’t hold…we will free fall below 100 provided BTC drops below 26-2800ish…

:scream: :scream: :scream:

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I tried not to be miner only and bought some ZEC at 150euro level … but looks like that not to be good decision for now :slight_smile:

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we will see btc on 2800 level today :frowning: ZEC -130 may be 120

I would like to be mistaken

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i would like you would be right :smiley: and i hope it will go even lover so i can buy it cheap and wait for the rize even if you are a “miner only” fella i thing just holding the z cash for long term isnt efective one should at least widraw the money from the spinn before a the drop teen purchase it back after

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I agree with you on this…

When I first got into crypto back in June I got 14 zec when it was $375…big mistake…alpha bay FOMO…was new to crypto…sold it at 275 and got back in at 160 and increased my position…:stuck_out_tongue_winking_eye::stuck_out_tongue_winking_eye: Noobie mistake was rectified…have made all purchases below 170-180 since…early .majority of people have accumulated at below 100 levels…I feel >50% have accumulated at 145-200 levels…

If it goes down more…I will put in more fiat and further avg down my cost…

Win win

:rocket::rocket::rocket::rocket: - Destination moon > Jupiter > Saturn > Fly past Milky Way :sunglasses::sunglasses:

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Lmao…i dont know what to say to you mate!

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Right now this drop is not good if you have to sell to pay for mining costs. I sold at 165 yesterday to cover the electric bill this month. Would love to mine and hold, but not if my electric bill is going to be $400+ every month for the next few months. I think mining will be more viable once winter hits. My problem is cooling as my rigs literally heat my house. Let’s hope the hard fork in the next few weeks fixes the price.

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Wow. That must be some mining operation! I run 10x Ti and keep the air conditioning on at the moment to maintain 76F and my bill still isn’t half of what you’re quoting. Might be time for solar panel installation :slight_smile:

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The problem is the insulation in my house. I replaced all the fiber glass with spray foam for max thermal retention. I have 20 cards that are mostly 1070s with a few 1080s and 1060s. I would love to install solar, but I sunk too much into my rig and haven’t paid it off yet. I’ve got fans in the windows of my basement to exhaust the hot air. I’ve turned the AC off during the day when I’m at work. Hopefully that will offset my costs next month.

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what is your price for 1kWh ? if i can ask you …

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I don’t think the sappling update is coming anytime soon. I do believe the price should recover at some point soon.

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.09 a kWh when you factor in cost and delivery. I need to look at a cheap cooling solution.

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I put a box fan at the GPU exhaust height and put it on the lowest setting. This allowed me to relax my A/C load significantly with minimal electrical consumption. Just getting good air circulation in vicinity of your cards is invaluable. It might be uncomfortable for you, but even 90F air will still effectively cool a 60C+ GPU if you can maintain circulation. Seems worth it to me, even if you end up having to dust an extra time or two each year.

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We’re in this together guys, we know and trust the currency so as long as we stick with it, everything will be right in the end!

I’m lucky in that my 24 card rig (1070s) is housed at my workplace where we have solar panels so my electricity bill is basically halved, and I can choose when I want to pay it (my plan is in a year’s time sell just enough ZEC to pay a year’s worth of electric that I have used).

We got this, everybody!:sunglasses:

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Totally agree with this, I have a £40 18" fan sat cooling my rigs, with no AC at all. It took about 15 degrees off the cards even though the room is probably 30-35C.

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Make Zcash Cheap Again!

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Mine is my basement which is giant open area. The problem is I over insulated before I got into mining. As for comfort, I would need to remove humidity to be comfortable. I can stand it being 80F as long as it’s 40% humidity.

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:joy::joy::joy::joy: bloodbath today…i thought 150 was the bottom…

all is well guys…think long term…

We miss u @kek

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Ugh. Kraken is really ticking me off. It’s slower than molasses right now.

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Wow wall street starts trading :slight_smile: or any news about it ?

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If your rig is in your basement, and you want to cool the basement for less than the cost of 2 electric bill, get these things:

2-4 50+ gallon drums rated for burial.
large 1/3+ HP cast iron water circulator
200k-300k BTU water-air heat exchanger
appropriate Fan for above
piping.

Dig a hole under your basement. sink the drums and fill with water/light antifreeze (they will never freeze, use for water conditioning/ bio growth control) and cover them again with dirt/gravel

Make a single series loop. make sure to keep the ground around the tanks wet. You can dissipate a few hundred thousand btu this way.

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China delayed closure of btc exchanges …

and Kraken is overloaded :slight_smile:

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So what just happened? What was this bounce back?:stuck_out_tongue:
ETH went back to 250 from 195 in notime. We need the same jUMPPP back to 400 :smiley:
https://www.bitstamp.net/market/tradeview/

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I sold a ZEC. EVERY TIME I try to increase my position by selling high and buying low the market goes up. EVERY TIME! You’re welcome.

Note, though, that the volume is low. No sellers. Price will either increase quickly b/c no sellers or there will be a big dump driving the price down again.

EVERY TIME. If you want me to continue to sell to drive the market up I will be happy to provide my wallet address for donations. :slight_smile:

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I did the exact same thing this morning. And of course Kraken shit the bed so now I’m sitting here with my USD and no option to buy without losing at least $300. I’m not happy with Kraken right now.

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Trading appears rather stressful.

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Understatement of the year! However, the exchanges themselves add about 80% of that stress by no freakin’ working like they’re supposed to.

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It is rather frustrating isnt it? You pay significant fees for the privilege of trading on their platforms but the service they provide is not always on par with the costs incurred.

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Isn’t that the truth. I deal with a few different coins and I’d really like to find an exchange that does all the coins I want/need and to not have issue every time I want to do something. Kraken has been decent although it’s definitely had it’s issues.

I really wish Quadriga would pick up more coins. @paige @zooko @daira hint hint :wink:

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China blew its wad…so what…they have no more cards to play about this. I think they are just making fud in order to capitalize on letting the bears loose.

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china isn’t as-important-as it once was. CNY has only been around 22% of BTC’s daily volume. USD is king again. market hasn’t really caught-on, yet. when CNY re-enters the market (they will); will be a super-violent move upwards… USD re-entering is what caused our rally in the first place… why i keep harping on ZEC-USD infrastructure! sooooooon ^.^ !!!

source - Bitcoinity.org

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Wish I wouldn’t have sold last night to pay the electric bill. Could have sold the same an got more for it. Kraken however hasn’t let me transfer the money to my account.

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Wish go to 2900 BTC retest and fly like a rocket to the moon!

Panic comes from ignorance. 80% of people who buy crypto currency do not know this.

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BTC will pullback to 39-4000 max and go back down…the bottom is no where near…if this is something like 2013 as most analysts fear…we will see a bottom at around 1500ish levels… :scream: :scream: :scream: (Highly unlikely imo)

Long term wins…HODL

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Yes Quadriga, at least ZEC please. pllleeeaaaaasseeeee.

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Don’t panic, just keep mining.

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why you didnt sell near the top when you knew you will need to sell some tokens to pay your bills?

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Didn’t know the bill was going to be as high as it was. Currently looking into cooling strategies for next summer. Besides I will make it back when it gets cold and don’t have to run the furnace this winter.

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Care to elaborate, or are you just going to continue to troll? It’s not nice to tempt with hand-made onigiri!

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like the last post you made; this pretty-much guarantees a rally! thank you! was hoping you’d post! anybody that has questions about this - check the dude’s post history, and then look at the charts afterwards. it’s almost like there’s a large whale :whale: watching this thread specially for his posts kekekek

side note - market is always weak early AM EST… even when we’re on serious bullruns.

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@kek…though I am always positive about ZCash…at this point have to say that bitcoin is dragging everything down with its correction. Lack of usd markets doesn’t help us either…as the panda/chipmunk stated a $100-120 level is possible at this stage if bitcoin goes below $2700…

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Not yet. It’s a bear trap. ZEC will certainly fallow BTC, which will rise to aprox. 4200USD, then fall to 2200-2500USD (fall starts in next few days) because of ABC price correction. After that, expecting free rise to 6000-6500USD (mid of october).
But that’s just my opinion. :grinning::grinning:

@TheSchramm can you confirm?

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I love how all the financial experts call digital currency risky and shouldn’t be trusted yet these are the same people that almost caused the complete collapse of the western worlds banking systems through their own greed…

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I agree 100%…btc is not yet done…before we can make new ATH’s we have to bleed more…100-120 will be the ZEC bottom…load up when it gets there…once sapling goes through in 2018 we will be four figures in price…

All those people having the FOMO of BTC from 2-3years ago…this is your chance to start over…ZEC is what btc was 3years ago and ZEC will be what btc is today in 3 years time…

Anon currencies will rule. :metal::metal::metal:

:rocket::rocket::rocket::rocket::rocket::rocket:

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imo, only way we see $100-120 levels is catastropic failure. the chipmunk is wrong on this… as-a-matter-of fact; i’m going to start calling the chipmunk “horseshoe”, because he’s my lucky charm.

;D/ cannot wait for exchanges like kraken to allow ZEC-USD margin trading; so we can destroy bears; proper-like!

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Is this just a persistent hope, or has an announcement been made regarding this? Honest question.

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i never post any emotions based analysis. if i felt ZEC was going to $100-120; wouldn’t be wasting my time arguing with people about it.

anybody that would like to wager on this, HMU
~ i say we’ll hit $300 before $100 ~
anybody wants to bet LMK

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Can’t argue with you @kek. With your track record of predictions there is a chance that we will lose the bet…:wink::wink:

Although, only reason i feel we are going to that level is because of fukin bitcoin…it is gonna fall hard soon enough and will take us down with it…no other reason mate…

Lack of USD markets doesnt help either as you have stated multiple times.

Peace :v:

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Why do you feel the need to inject racial slurs into your posts? It’s completely unnecessary and degrades the discussion.

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Just flag it, after enough of them the group will sadly lose all of his future contributions.

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Oh I did. But I felt the need to verbally point it out as the mods don’t always get to it right away (understandably) and it can sit here and people see that nonsense. I want those people to know that as a community, that crap isn’t the norm.

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Considering selling high right now to buy then lower, but am scared it will just skyrocket haha. You guys have been right most of times though

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Mods please ban this idiot.

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I’ve got a feeling we’re gonna hit 280 by friday

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I would be happy with that, but I have a feeling we’re going to be closer to $230-240. Which I’d also be OK with.

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