hodling here, too…
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Mhm eth has lost nearly half of its peak 1400 to 800
Cryptos have lost half their market cap in just a couple of weeks. This kind of pullback should have been expected - or not have been unexpected, if you will. Hopefully this will thin the herd of the crapcoins so more money will flow into the goodcoins…like ZCash, most especially.
While it’s exceedingly painful to hang on, there’s a long way to go, and ZCash hasn’t started with their planned updates, which will add a ton of value to ZEC.
There’s another benefit of these horrific pullbacks, this one is for miners. GPU’s are scarce and expensive, the profiteers doing what they do when the prices moon. Now that we’ve had a massive reversal (hopefully running out of steam), the “get richers” may be more reluctant to plop down a chunk of cash for miners. That eases demand, and that may help to reduce prices and free up supply.
I know the benefits of a correction, but are we really standing on thin air ?!
For example if we go with the explanation that more than half of the cryptoeconomy is held by get-rich-quick gamblers wouldn’t this cause a similar situation to the .com bubble ?!
Dogecoin … pets.com anyone noticed anything ?!
So If this is the only explanation that would be a really disturbing situation. cause whatever technical value ZEC holds will be useless in case of a similar .com bubble. it took years for the web technology and ecommerce to gain momentum and become a common technology that the average Joe depends on to get his laundry pods. and during the tanking years “2001-2009” the technology went through massive technical changes. so If you had a good idea back in 1999 it no longer mattered in 2009.
Market cap is a pointless number. It does not represent the amount of money changing hands right now, just the current “exchange rate” multiplied by the total amount of assets. This hardly describes the market conditions.
The money didn’t go anywhere, as it was never there to begin with.
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@Kahooli
I like your POV on the market.
But to remind you that exchange rate is an actual number and the total amount of assets is an actual number as well.
So Market cap is an indicator of how much “value” is in this market, not representing the money in circulation but it represents the value of the assets. a good benchmark if you are trying to study the market as a growing economy or from a “marco” perspective. and my question is trying to answer that, not speculating about the circulation and the market dynamics that govern day trading.
Doge = Pets.com - dude, you just won the internets today!
You make excellent points @SibirskiyVolk, but note that Ebay, Google, Paypal, Yahoo (FWIW), Microsoft and the other big ones are still here and going. The dot.com bust only got rid of the junk that had no sound business ideas anyhow. Even pets.com is still going. Good idea just too early for its time.
Ultimately, what ZCash has to offer will be private transactions made quickly to anyone. I don’t see it as a victim in the long term.
Price may be down but network hashrate is still way up there 230 mh/s. We fear your crash not.
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And you know he’s right, we do have a planned genda, a constitution
Interesting enough, i pretty much exclusively trade on polo, and ZEC bids havent moved below 200btc.
Furthermore, if the pattern is valid, the reverse head and shoulders pattern on the daily zec/btc chart - price action must retest neckline before breakout to new highs.
word fam.
@aeonglacial - I don’t know what you said, but if that means the price is going up, good 
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I think it’s for the sake of the community that I am willing to ask:
- Who are you ?
- What’s your agenda ?
Trying to be polite and not being rude or offensive, so pardon me for the questions.
All coins gone down after BTC 'cause all cryptomarkets measures prices by it.
There must be a better (more stable + not so China-related) measurement unit!
P.S.
Still mining ZEC, give up not 
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you’re trying to compare equities, and currencies. these are two very different markets.
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But crypto is more of an equity market at the moment, nobody uses it as a currency.
People are holding to ZEC since they know it will have value someday, but for the moment no store accepts ZEC. even online stores and forums that use crypto as a payment gateway.
So I’d view and evaluate it as an equity for the moment.
some are equities (ICO)
somewhat agree with you on ZEC. but, people do use them as currency. for example just bought some GPUs via bitcoin last week. newer currencies are more speculative. main difference is equities only have extrinsic value, and that won’t change overtime.
No stores accepting ZEC? Hm… https://www.coinpayments.net/store-directory-coin-ZEC
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I use it as a currency for some dirty operations that involve me not wanting others to track me down. but for most of my paychecks ?! I use Paypal, Skrill and normal IBAN transactions.
I used BTC to purchase some hardware as well, but that’s not a significant usage as a currency compared to petro-dollars or my local currency. Overall we “the brave explorers” are a tiny bit of the overall world population … so we can go as far as saying “almost no one” is using it as a currency at the moment, including the very brave young souls that realized that crypto is the future.
I wouldn’t view or analyze it as a currency … if it’s … the volume of exchanges day trading would rather be much more smaller.
Did you buy anything from these stores with your ZEC holdings ?!
Probably not … and that’s my point here.
Never needed because of exchange easiness (with a lower % than a wire-transfer from a foreign bank). 15 min and there’s local currency on my debit card.
“I use it as a currency”
this means ZEC could have intrinsic value as a type of currency. equities only have extrinsic value.
i used to feel the same as you, but i’ve done a 180 on this… prolly a little of both our arguments are true.
cool, thanks for sharing this!
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You can buy dollars using zec and with dollars you can buy almost anything.
thinking they start off trading like an equity, but after a period of price discovery mature into currency.
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It’s more a commodity than currency/equity. Imo.
So it’s not being used even if it’s accepted. that’s another thing to look into further in my study.
I had a similar situation with one of my clients, I have a small company that provides ICT contracting services and my client which is also has a company that provides consultation services, we both have crypto assets, we both invest in the blockchain and we both have enough BTC in our wallets to cover invoices values.
So I suggested that we both accept BTC or ZEC as it has lower fees to facilitate invoice payments and have faster transactions across our companies, we both pay thousands of dollars to each other covering several contracts.
After a long discussion we both agreed that this is a bad idea. as we both value our crypto assets that we wouldn’t want to trade them for goods and services. even if it’s the only way to handle larger transactions on daily or even hourly basis.
I’d say this would be a great challenge to crypto as a facilitator of commerce. we agreed on using normal IBAN transactions across our overseas bank accounts. takes longer and harder to manage for recurring payments but hey … my crypto assets are mine … no one will get them … sounds like a problem here :3
Your argument is correct from a futuristic point of view, and I totally agree with you that it will become a currency one day. none of us would be here if we didn’t believe so.
But the question here isn’t if the shift from petro-dollars to crypto will happen, the question is how and when and are we about to witness a shitcoin massacre soon ?!
It was never truly there since a ton of the coins were just propped up (TRON, Ripple, Cardano, Etc.), so although if you equated out the market cap via cost * totally supply it looked to be there, only a smallish percentage of the total was being traded/was liquid, creating the illusion of the 8xx billion market cap.
Edit: that all said, I think Zcash has been fairly healthy, it’s a bunch of the other coins creating the illusion of the insane market cap, and when everything starts to fall, some people panic and sell, which is what is going on currently. (There wasn’t truly an 8xx billion demand for crypto)
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That’s how I cash out from mining. But it’s not how I would conduct my daily trades.
don’t disagree with this. token itself represents a dollar weighted basket of currencies. it gets hazy between this - is the digital representation (token) actually the currency, or just a share in a currency commodity.
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I’m playing the long game, have been invested in Bitcoin since 2013 and more recently in Zcash which I think offer some considerable advantages.
I’ve seen this over and again with Bitcoin over the years with some drops that were significantly larger, over that time I’ve realised that holding long term works best for me (as opposed to trading), it’s certainly less stressful (It’s easy to see the perfect buy and sell opportunities with hindsight!).
These corrections are healthy every so often in my opinion.
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I think some of you have some very misguided understandings of equity or stock. Stock in a company represents a partial ownership of real physical assets and contracts, real and durable cashflows, intellectual property, etc.
That has undeniable and quantifiable INTRINSIC value. The value of the underlying assets that that ownership stake represents.
To say equities only have extrinsic value, or meaning they are only worth anything due to external factors and the market voting maching, is asinine.
equities have no intrinsic value. would love for you to show me otherwise. maybe could argue preferred shares could have some intrinsic value.
ABC Company exists. There are 100 shares outstanding.
I own one share purchased on the open market for one Dolla.
ABC company has 100 Dollas in cash assets.
ABC company makes 100 Dollas per year from operations, and expects to continue making that due to the durability of the market they serve.
My ownership being 1%, means I have roughly 1 Dolla and 1 Dolla per year assuming the company continues to act in its own self interest. That ownership is worth something if I value the Dolla. It’s worth something if the product or service would still make money if the world switched to Dollos. The economic activity and value created by the company is worth something. The economic activity and value creation is the intrinsic value in any business.
What about that has no intrinsic value? what do you think has intrinsic value if not ownership of a portion of a real operating company with assets and cashflow?
Gold has an intrinsic value- its industrial uses and physical properties. The price changes from extrinsic factors, but the intrinsic values are still there.
Could you provide your personal definition of intrinsic and extrinsic value? Maybe that’s where we are diverging.
it only has speculative value. ABC is worth 0 to me. ABC doesn’t even have exrinsic value in this specific case.
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What has value to you.
hookers, and blackjack
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I start a hookers and blackjack company. Would you buy a share in my IPO?
i wouldn’t, and i’m not being a jerk to avoid a trap.
If I get to sleep with hookers for free then yes :3 the risk of catching HIV is pretty serious though.
I am implying that a founder’s reward would make it more lucrative for buying into your IPO. Even if it has no intrinsic value.
I don’t understand the point behind this discussion. what difference does it make ?!! all roads lead to a speculative bubble and a massive slaughter.
I’m not trying to trap you. The philosophy of value is widely debated and there are millennia of thought dedicated to it. I was just curious at where you stand, at least in part.
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here’s the way i look at it.
oil, and lumber have value outside speculation.
Answering the question about value in the economics section of the article. good read.
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there is no so much zec in circulation, it seems p is damaging our reputation again.
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might want check this
yeah i follow on twitter…this exchange is so sketchy
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Aaaaand poloniex is offline…did that zec sell really happened? I also saw some LTC big sell? Was it a site error? I am a bit confused.
the order never got filled in my experience, Polo is a breeding ground for insiders so you never really know if its a fake order. Ive seen huge sell orders feed rallies…
Cash, stock or intellectual property are not more “real” than cryptocurrency. Things like that are based on people acceptance, nothing else. If you doubt that: try to pay lion (or shark, or wolf, or bear…) a bunch of dollars, or euros, or even gold (or your car) – to not be eaten. That wouldn’t work 
That’s all the same. Anything is valuable because people decided to think that way. And crypto’s are too young to settle down in everyone’s head. Some day they will 
Buyers don’t use ZEC b/c of the lack of marketing by ZCash…yes, I know they’re working on it…“soon”, so to speak. Widespread ZCash adoption will never happen organically. More places will take it for payments when ZCash works to see it happen.
ZCash lends itself perfectly to big ticket purchases where discretion and privacy are sought. I want to buy a house with ZEC, but folks look at me with clueless expressions when I talk about it. I’d challenge anyone looking to buy a Lambo to find a dealership who’d take it (though that may be a bit more likely since it’s the car of choice for Crypto Baziliionaires).
Again, ZCash can change this. In fact, my entire career was spent marketing to new car dealers in the US. I’d call every one of them with a ZCash payment system if it existed. Simply make it so they get a cut of the transaction fee, and Bob’s your uncle!
ETA: Greens all the way over the last hour:
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Poloniex had stopped liquidations for ETH amd most wallets are on " maintenance". Is this some strategy to force people fr9m panic withdrawls?
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I am not specialist, but on clasical stock exchange is trading stoped if the course deviates from a certain level 
the same action will be helps of this fear and pump and dump situations
All I can say is that I should have bought more 1080Ti when I could get them for 1 ZEC a piece 
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even when planed to purchase few 1060 at start this year even withdraw few euros from exchange but thx to sberbank even when money is on the accaunt i cant find anything reasonable …like i can get a 1060 6 GB but not wiling to pay 533 euros for it … thx sbarebank
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The Chinese wanted to charge me 330 USD each per 1060 3gb for 24 units AND I have to wait till April…this pullback may help to scare off some people from mining.
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LMFO the price is creazy …well i just purchased escape from tarkov to have something to play until the drop shakes off and the gpus came back to normal prize
None of my vendors in the business world have them in stock at the moment. At least they are not price gauging their customers.
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Well I don’t know why you’re applying human philosophical concepts to that of animals. I also wasn’t calling those items more or less real than a concurrency. My statement was entirely separate from that subject. You appear to be misunderstanding my point.
I’m envious of those who sold at 700+ and got back in at the sub-400 prices we saw earlier. Good on those who did!
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i sold at 699 order filled only partially got back few days after at 400 and already sold it at 630 with the rest from the 699 
but only few tokens in the game for such short runs now i looking at the chart and ask myself why i put the few coins i purchased around 340-350 so cheap sold on the short at 405 now will need to wait for a down swing to jump in again
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good job , wish you all the best .
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Since this is the “Price Speculation” thread, it would be good for those who have experience trading successfully would share more information so the rest of us can possibly profit as well.
I did, when I said the zec to btc ratio was 0.05 
and you should have sold
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well as for me iam a noob i have started to trade about half year ago before that took some time to mine some capital with my old R9 280s used the time to learn something about Elliott waves theory and Fibonacci then got the basic understanding …as for my daily trades i use MACD and RSI with volume and and order book to determine when could be the correct time to purchase and when to sell not every time i hitt the top or bottom but most of the trades are profitable also i dont mind to wait for the next up swing definitely never selling when RSI is under 70-75 trading on the 5 or 3 min chart depends on the market “speed”. I trade like this only few coins 3-5 coins but I am able to cover all the utility bills and also purchase a gpu from time to time …the rest of the coins i mine i keep in my wallet…
Oh BTW forgot to mention i have entered the market with 0.7 zcash that was worth 110 euros now i have earned over 2300 euros on kraken and changed the R9 280 for 1060 3GB Nvidias + build a new gaming rig with ryzen since i need it for my job
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speculation , this is the upswing on most coins for the next 36 to 50 hours.
most are already up 25% of the 24 hr average
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I’m in the same boat as @koso16. Though I had a coworker who has a finance degree explain same things only he trades in fiat instead of crypto. I do the same and only buy cards when the price is right. Though given the current price I am not looking forward to this months electric bill.
@phakov Card prices are starting to drop on Newegg. Just bought a GTX 1060 6G for $329. The 3G cards are under $300 now.
Either way HODL for the next week.
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My price speculation is as follows:
10k ZEC by tail end 2021. At this time, ZEC will start to ramp up adoption, and actually be able to support the onboarding of new users (which will be orders of magnitude larger than what we’ve been seeing across the board). ZEC will be more evenly distributed than most due to the timing of launch (around the time the majority of the public started to hear about blockchain), being more fairly mined (ASIC resistant), etc. People will also begin to see the value of true privacy, and the world wide Wi-Fi systems Google, Facebook, and Spacex are working on will be nearing completion. From there, we will start the s-curve adoption trend, and it’s anyone’s guess as to where that stops and how long it goes, my guess is 10-15 years and around 500k to 1m per ZEC, but it will mostly be in bit amounts). Depending on the role ZEC plays in zk-smart contracts, we could see this beginning to happen slightly sooner, but the advantage of that on a b2b front is insane, and I can’t imagine Zcash would miss out on that opportunity.
My 2 cents.
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keep seeing long forecast thing posted in this thread… hope nobody is taking long forecast seriously. think it’s possible to accurately forcast on the year scale… but outside the year scale is very tough.
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some speculations for today .
current correlation with bitcoin is annoying 
bitcoin need to break above 12000 and it will be support and visited again for testing
zcash need break above 550 and make it support and visited again for testing .
those are technical selling areas now .
if not broken
bitcoin back to 10000
zcash back to 460
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-.- verge is beating us in volume, and market cap… i don’t even know… only thing i can think of is market makers are trying to pump themselves out of verge, and other goofy alts. dunno how the market could be this misguided
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There’s also the fact that Verge is only $0.12 whereas Zcash is $540. I don’t really understand it but I do think that sways a lot of peoples thinking. Sometimes I think it would be better for Zcash price to move the decimal place one or two places.
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I vote for three steps to the right…
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The more , the better 
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What is wrong with ZEC diff…
No longer valid based on koso16’s post. Global diff is the same (was worried someone figured out how to use the A3 on equihash)
look at global hashrate bro then u will find out no reason to drop the diff
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so no more panda news 
The guy was a great source of entertainment, but he went to far.
I agree, THE STAFF went to far. One really good troll was needed in this forum, now we are a troll free community… that sucks!
700 @ 28 Jan
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believe dude was only suspended. won’t be shocked to see horseshoe during the next correction. think panda has a couple accounts anyways.
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Z.cash/jobs
Looks like we may have a new marketer soon! $2k by August 2018
Jesh…I go to bed and miss something! He got banned? For what? I found his posts to be more entertaining than antagonistic. His posts also were fun predictors of when things were about to turn around!
think it had something to do with affirmative claims he made about vulnerabilities in polo’s wallets.
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Zcash on the cover of a Norwegian financial newspaper today, the more coverage the better.
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Good picture, I’m going to try to figure out what that says, I know there’s some Norwegians that hang out here!
It says “Cooperating with the biggest bank in the US on blockchain technology”, “Rich creating his own cryptocurrency” and “Zooko Wilcox released the cryptocurrency zcash October 2016, now its market cap is 12-13 billion Norwegian krone. Before that he slept in his car.”
Nice positive read actually.
- Edit: some corrections to the translation
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Yeah I was translating one of the other links and got to the car part too! Thank you!
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Yeah, he’s definitely just suspended, so I’m sure we will see him again someday. Just had to call it out because it was hilarious lol!
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Id like to see next pump…too long on 500🙄
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I’m new to zcashand have a question. I apologize if this is a stupid question but I’m just trying to learn and figure out the best place to invest my money. I recently came across this - YouTube. Is this part of zcash or completely different and if so how are they different? Thanks for any input you can provide
It’s a fork of a fork of ZCash.
This Wikipedia article will clarify things for you.
Everything is bleeding again…
Pretty sure it’s the India news, and I honestly don’t feel worried about it. Eventually, the idea would be for these to become currency, and in reality, a lot of those with holdings that needed fiat could just cash out into another countries fiat and then convert if they had to, or purchase items with them and get them shipped. If I had money to invest, I would probably buy the dip, but sadly I don’t. It’s just more news that will eventually be a bump in the road.
India should be embracing these types of transactions. Very few people in that country pay taxes. By allowing the exchanges to operate, they can get more tax money. My colleague who grew up over there said most of the transactions that occur in India are strictly cash.
TBH, this is an upside for the rest of us. The sharks are swimming right now and the price point is chum in the water. I expect a rebound in the next 48 hours.
My only regret is that I didn’t wait longer to buy back what I sold yesterday at this price point. I have to start trusting my gut more.
Unrelated, did you know you cannot buy precious metal currency on amazon with a gift card (got one for Christmas). Example- a silver 1oz $5 Canadian maple leaf is considered currency because the Canadian government would honor its face value, (though its melt value is much higher) but you can buy bars or proofs. Thought that was so strange.
Wtf… another blood letting?!?
We never got 2 green days so officially the sell off is not over!
Price is low but difficulty so high…
technically speaking , zcash is in a buying area now 460. but BTC not so much .
If I was trading I wouldn’t buy BTC now . maybe below last low which was 9000 or if any other PA change meanwhile.
and because of correlation and zcash behavior since the begining of new year . it seems it will follow BTC where ever it goes mindlessly .
which really is very annoying and negates any technical analysis to zcash .
for the last 3 weeks one might analyse BTC and trade according to that on any crypto .
I guess most interesting question is not where prices will go "up or down " but rather the reasons behind the sudden 3-4 weeks correlation between most cryptos and BTC .
that needs analysis and investigating .
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This is very similar to what happened back in June-July… GPU prices skyrocket, everything in crypto goes down.
I know that GPU shortages are not just because of mining (memory, paranoid companies etc etc).
If the situation reproduces, we will see lower values than 450 for ZEC, while mining difficulty remains the same-ish.
Bah, brain, stop trying to see patterns everywhere!
I think the binance volume might help explain it, lots would be trading purely on btc values, just trying to gain in that area. Historically, when bitcoin would take a correction, the market would follow (because it has the greatest market cap, and you have a lot of newbie traders, they see btc as controlling the rest of the market as well as determining if the market succeeds, which most likely won’t be how it turns out in the long run).
I think the big upswing in people getting in late last year is starting to show, since I think most of them don’t really understand most of the crypto, and just want to make some quick money. So now you have an even bigger psychological factor at play - panicky people that have no clue what crypto really is, how it works, or why it works, experiencing their first correction, which is a big one. They also probably hadn’t followed it closely enough over time to really understand it, so they panic sell since they aren’t actually in the for the long haul, or at least a lot of them aren’t.
let them trade and discover the harsh truth .
any how .
zcash buy area now is 380 sh . 460 is a resistance and selling area.
breaking 380 down is bad for bulls .
( don’t know if its worth now analyzing zcash chart )
I’m feeling like it will drop to 385 or so…just a hunch. It’s sad to see these pullbacks, but whatever. Let’s hope hardware costs will drop as a result. The sellers are gouging like mad.
volume is terrible… we’ll pick-up once it returns.
moar USD gateways, plz
thinking we might see some volume return around 10:30 AM EST… we’re usually weak early AM EST.
need some kind of announcement. there’s not even any rumors floating around to talk about. been a year+ imo, we’re due.
we really need to be listed on GDAX / Coinbase. This is a huge limiting factor. As foreign markets (China and Korea) have more uncertainty, the US market needs to be there to help shore up the market. There really aren’t any good options for exchanges for most coins including ZCash.
I will be the first to admit. I’d rather buy LTC or ETH and Shapeshift into ZCash and pay the fee than open an account with the criminals that run Kraken. That exchange is one of the biggest jokes out there. Any time a coin starts to have any major swings, they disable trading on it, which is asinine.
The only one I was even considering was Binance, but even that is sketchy. The only legitimate exchange for American currency directly is Coinbase / GDAX. Outside of that, its a gamble.
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agree …polo imo is a borderline criminal operation. kraken’s not suitable for actual trading.
it’s almost like we’re a baby being choked in the cradle.
I mean, honestly. At this point, if you are an entrepreneur and want to enter this market and don’t know how, start up a legitimate exchange for US. Coinbase / GDAX is the only game in town. If someone were to start up an exchange (that was legitimate and designed properly) that listed more “altcoins”, they would make a truck load of money. Problem is, it has to be done correctly. At this point, you can’t really grass roots it. You have to do it with large capital investors, not just some startup.
Either way, there is an obvious hole in the market that needs to be filled, I’m shocked no one else has tried to start an exchange for so long.
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@kek and @W1nn1ng1 I’ve been using Kraken to do some minimal trading and to exchange a very small amount of ZEC, mostly to test out the system and if it works with my bank. But as you said, Kraken is very dodgy and full of errors when you are trying to do something.
Is coinbase and/or GDAX good for EU people? I know Kraken has SEPA transfers and can easily and without many fees move around money because of that.
lurkers: plz don’t take my post as kraken hate. kraken works fine if you take weekly/monthly “draws”… has improved after latest upgrade too. wire times have also decreased. not quite up-to-par for heavy trading yet. without kraken we’d really be hurting.
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much love, @kek thanks for clarifying !
Also, if you criticize something, I don’t see it as hate if you(or anyone) brings factual information regarding a statement. Criticism and constructive criticism is very important.
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I didnt expect price to drop so low…
We need something big such as Pos or Masternode as what dash and zcoin has implemented. Then we can see a price rise. I know probably people against this but holding long term will rewards greatly. Imo.
imo, tech isn’t our weak point.
in addition to more USD gateways; need more companies, 3rd party services, etc using zcash
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Futures contract having something to do with price drops!
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Old news for some, no doubt, but Weiss Ratings (a financial ratings agency) is set to announce some model-derived cryptocurrency ‘grades’ which they are claiming will arm folks with a more holistic and objective measuring stick with which to inter-compare currencies. Sadly, Zcash missed the by-name mention list (Monero didn’t 
) , but I assume we will be graded. Given the high-visibility of these grades and the reputation of the grader, curious as to how much of an impact (near & long-term) this could have on our standing. On the really speculative front, how well do you think we will score?
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funny how when price drops you see the dooms day screamers start giving their price expectations of 200 and 150 .
just as well the all fine and dandy guys when price jumps up you start hearing the 1k and 2k in a month.
reminded me of one caricature
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Depends on the merits graded, i imagine Zcash will excel in the ones that matter
they"ll rate on 4 metrics: Risk, profit potential, tech and adoption.
So this could be interesting
4 stars! 20 characte
21 posts were merged into an existing topic: Mining Speculation/Strategy
Days*
20cahrs adfsfd
I think we are in downtrend… the whole space
Hi guys, since when did this thread turn into mining thread? (like most other threads on this forum).
Can we have please have at least one thread about price/market and only that.(FYI: there are also traders and investors here that have nothing to do with mining).
For those that say this is also mining related there is a mining speculation specific thread.
Thanks
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LoL
We should bring more from /r/sysadmin
How do you do TA on crypto? Does it even work? Uptrend downtrend?
Ok back to speculation .
some buying patterns started showing up on zec chart
currently if I was trading I would start entering long positions with my final long at price of 390 USD , I will be targeting 600USD + within 3 weeks .
breaking below 390 will make me hold and wait for an up move to test the 390 which will turn resistance and get rid of the long position . and wait for even lower prices to get better longs .
all numbers are areas ofcorse , there are no fixed numbers in trading…
just my 2 cents
I think we are in downtrend i hope im wrong
no we are not
its strong uptrend since January last year .
and last drop was normal and expected and we have seen it coming a mile away and recommended selling at 800 . and I remember my post literally saying when price was 790 ( if I was trading I would be selling now ).
now I am recommending ( for whomever trading or wanting to invest in zec ) start your positions now .
in fact even 350 is a super long term add buy positions .
that’s 5% only lower than last low at 382
but who gets the chance to buy at bottoms and sell at tops .
I speculate : wait can you speculate facts?
Though It’s up 104.30% in the last 100 days since when it traded at $239.66 and the annual trend is up. 200 days ago ZEC traded at $285.91.
and just extra information for whomever likes to look at charts .
in any uptrend on any chart (stocks/forex/commodities …etc ) first break of any low 80%-90% of the time is a fake one .
till now we even didn’t face this .
All the market going green again…nice😁
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Nothing changed, just a mining tangent. Price will go lower, everones buying cheapo garbage coins. Should turn after btc hits 7k’s. Supposedly the third week of January is one of the most depressing of the year anyways.
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I, for one, am trying to get rich quick or at least richer as quickly as possible. Are you trying to get rich slowly?
Fast money goes just as fast…I’ve been rich…and then not rich…getting rich will take the time it does, and keeping it is the goal.
But my remark is really directed to the ones who want to win the Crypto Lotto.
In other words all of us…
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I’ve never been rich, hoping that it will happen, but agree that regardless it take time (unless you have dumb luck and win the Powerball or something along those lines).
I’ve actually built a business around this so I can deduct expenses for mining. Problem is I can’t get a bank account to deposit the funds into.
Which country? On my expenses, I can’t get tax back, because I don’t pay taxes for BTC. It’s not legal neither illegal @garcher
I’m in the US. All proceeds are considered income by the IRS. The problem is the banks don’t want us in their territory.
I’m from Mexico and I was thinking in opening an account on IBC Bank so I can use coinbase. But maybe will be a bad idea.
Gemini. They are as close to a bank as you’ll find. Exchange to eth and sell.
Mining conversation was moved to Mining Speculation/Strategy
Please keep threads on topic. 
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is zcash popular in korea/china/japan?
I see we are on track to rise back above $500 by the end of the month.
ZCash is SUPER popular in Korea.
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super boring watching price trying to break through the 460 area .
especially when you know there is much more important area to break around 490 .
(post withdrawn by author, will be automatically deleted in 24 hours unless flagged)
Anyone knows the weiss rating for Zcash?
C (fair),tied with Monero. Highest rating achieved was a B (ETH and a couple others; a few B- as well). I haven’t seen the detailed breakdown posted yet (obviously all of this is behind a paywall of $468 ).
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There is an imgur link floating around on reddit that contains the full ratings.
Save your time though, most things are C and I’d be embarrassed to present this “research” let alone charge for it.
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I should add here if the above sounds harsh. Dogecoin also has a C rating (as does Monero and many others). If you work in this industry and can’t differentiate between a meme coin that hasn’t been updated in years and one that is performing cutting-edge research, pioneering the future of private transactions, then you should probably be doing something else.
And Bitcoin got a C+, so just a marginally better rating than Dogecoin 
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It’s funny how a ratings system hasn’t impacted the market negatively. ZCash is up this morning and will most likely continue its roller coaster ride today.
they really did a terrible job… poor, and lazy analysis
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Apparently S korea launched a DDoS attack at them, seems more like a North korean thing to do
there is a theory in technical analysis which says the more PA tries on a certain level without breaching it "support / resistance " the stronger that level becomes .
so now PA is trying for the 6th time to break above 469 USD level !
lets put this theory to the test and see if it gets breached , it should automatically turn into a strong support area.
and hopefully we wont see below it again if its breached , at least for the time being .
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Couldn’t agree more - obviously they are pretty clueless. I do get why platform plays would be ranked highly, but even then it has some very large flaws if you look at all the C ranked coins. Numerical ratings would have made more sense in general, and some actual analysis on current functionality, teams, future plans, etc. Would have made a lot of sense too. It’s almost like they just look at pricing history and things like that, as opposed to everything else going into it.
Personally, I think ZEC had good timing on market entry for a non-premined, non-hardfork coin, especially given the wealth distribution within bitcoin (which is why everyone keeps hard-forking it). That said, I wanted to mine bitcoin back in late 2009, but had zero money and my mom thought it was a terrible idea, and just an excuse for me to have a gaming rig so I didn’t have to game at 2 fps (yeah, it was that bad). Had I been able to do that, and been able to sit on a fat stack of btc, I would be all for the hard forking ideas as well lol (although it’s still not the solution in my opinion - which is why I love ZEC).
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In regard to the weiss rating, yeah have to agree with the ‘shame on them sentiment’ to rank coins that copy the hard work of zcash team the same shows some major flaws in their system.
As Hairdawg states a numeric scale would be more appropriate. Does anyone else want to comment on the coingecko ratings, i find it sad to see zcash slipping down this, didnt we used to be #17?
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I think tomorrow should be a good day for at least an up trend!
Oh boy! Looks like US is going to get Zcash on a Zero fee exchange once Robin Hood goes live for crypto. They are already well established in stock trading, so this should be legit!
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Anytime I see something like Verge ranked above Zcash, it makes me wonder. Nothing against verge, I just think Zcash has a stronger team, better product, and brighter future. I also believe that the only reason verge is where it is, is because of John Macafee, trading bots, and some false comments, and then a bunch of fear from the people getting in on that ride up.
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All the others are better at hype. If ZCash would hype, too, the effects would be immediately known. They do nothing to market their clear benefit to the world.
I cannot overstate the need for effective mass communication. There are loads of great products out there who have come and gone that failed to market effectively against inferior competitors. ZCash will go that way if they are not careful and fail to fully take heed of the lessons from the past.
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Sorry but also have to think ‘especially as they give tech advantage away’
Sorry but that philosophy while admirable does not imho help our case, so many coins now able to claim zksnarks, even biggest challenge (eth)
I’m guessing they are going to be starting to do that, however, I think they could potentially be waiting to super hype until some of their newer features are closer to completion. That said, for short quick money, hype definitely works lol, and if you don’t market it at all, that’s also an issue.
Trillions are coming to zcash or atleast to the crypto market according to zooko
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No fix ux first… Then marketing
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Another big dip… Do you guys think this dip is happenig because of futures that are expirinig today?
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I came here to post this. Huge news!
It’s more than probable, wall street has got the “few” millions necessary for driving the prices where they wish (cryptodaily yesterday posted a video stating only 15 million is needed to move bitcoin price of about 1000$)…
What is the site that has the futures contracts and when they expire?
Zcash was rated A by Weiss
no they rated zcash C which is worst than bitcoin
The World Power Mechanism seems interested in cryptos:
I believe the interest is in how they can control, regulate, tax it and how they can divest people from it.
An interesting quote:
Mnuchin of the US Treasury Department (god help us):
“My number-one focus on cryptocurrencies, whether that be digital currencies or bitcoin or other things, is that we want to make sure that they’re not used for illicit activities,” Mnuchin remarked, according to a report from Reuters. "
It’s always under the guise of child protection, protecting the elderly and fighting terrorism that we see draconian laws pass. Their reason is “safety”, but their true motive is the maintenance of power and control.
I’ve read a lot of law over the years, and what I think is that more oppressive laws will become a reality for those who have cryptocurrencies. It disgusts me…just some morning commentary.
Fortunately, we have Z-addresses and real privacy with ZCash
I’ve read several articles recently about tools the government has to analyze blockchain transactions. Another reason for privacy safeguards if you ask me, and not all those who seek to maintain privacy over their monetary transactions are those who do it illicitly.
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our volume is ridiculously low… imo, at current levels zcash is illiquid. bummer is, our volume is pitiful, but our markets still remain efficient. weird!
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Its between 450-470 a while now, its time to go over 600 and stay there.
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and then onto 5000!!! (20 char)
Dont mind at all😀…
Im mining and hodling ZEC for almost a year now. Lately im so very disappointed. Now i see targets of 0.032 BTC. Can someone give me a reason not to dump please. Coz i am thinking about it
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Reason: you will be even more disappointed.
fine, ill HODL till i die then. But this 0.43 ZEC/ETH is criminal. Its hurting me to look at it
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super downtrend now zecbtc
I guess it wont hurt your capital if you convert some of it to ETH since ETH vs ZEC has more up/down trends and if eth peaks vs ZEC you will make your money back. That is if you have an account on an exchange. But converting to BTC atm is not a good idea.
Im a bad trader, i really am so i just hodl and hope zooko make me richer for believing in him
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If you dump now you’ll be super disappointed when it gets back to 800 and higher. I sold 1 zec last time we were at around 200 and climbed to 800 in a month. I sold at 375, thinking i could make money by buying at 200 again. Never happened as it shot to 800 plus in a weeks or so time. Lesson learned, plus i used that money for another 1080 ti, which is sort of how i justify it( not really but let me go)
@_nur you and me both
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Right now with the all the factors that are influencing the market, I’m only selling to cover electrical costs. We are going to slowly go up in price over the next few months. A jump from the current market value to $800 or more will only send the price back down again.
Just hold on to what you have now and wait. When investing in anything it’s all about the long game.
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Totally agree on the long approach, especially if any speculation is involved (which in my opinion all great investments require speculation, although purely financial backed investments are okay, you’ll never hit a home run with one). If you believe in Zcash, and what it has to offer, wait it out. We won’t see massive adoption until the entire world has access to the internet, especially in those places where it’s needed most.
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So low right now…etherium gaining and we are drowning
hello… anyone flying this plane? wow
Everything bleeding sooo bad
thats the buy area guys , breaking well below 380 is when you could start worrying .
buy area? i thought buying ZEC was forbidden 
only at some levels is forbidden . now its open for grabs
Why anyone would sell at these levels is just stupid.
price can do anything , thats what trading taught me . just dance with it .
even if it broke and went down to 300 . this level will be tested “but as resistance” again .
otherwise . the final target for this “Buy” is around 700 USD
risk/reward ration . not bad at all .
yes u are right, but plenty of new miners selling everything mined zec and other coins at any price for fast BE due overhyped price of cards … i think that situation will be worse and worse …
Only a moron would pay these prices for GPUs now, and I’d guess, then, that it’s reasonable to expect they’d sell their ZEC at these prices as well.
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In my country i know many of them … 1080Ti for 1200 euro, RX 580 for 700 euro etc … and shops are still empty
at 380 USD you can get 4 zec with 1200 EUR.
which is entire year mining with gtx 1080ti without counting electricity . lol
any how lets keep the thread speculating . some people don’t like it when it strays away little bit.
I did not want to say, that this situation is only by overpriced cards, but this not helps to change the trend …
Lost 70 usd in 24h awful im afraid we will drop more…lets hope not…
This is a repeat of July '17. The only difference is that it’s at $381 and back then it was at $160. If you are buying with whatever fiat currency you’re going to profit and if your mining your going to profit even with expenses.
Middle of February is when the price will go back up.
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Things to consider during this bloodbath:
- ZEC/BTC reversal head and shoulders still at play, price action looking to re-test neckline before breakout
- ZEC/USD literally riding a 1.618 fib channel support level. Also just completed the D-leg of a Bullish Gartley pattern.
Just chill and let the market making make you rich.
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Price has already rebounded back to 401. That should make some people happy and also make others cry.
Everything is in a bloodbath. The US stock market is down as well.
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It’s not a rebound until it sits there or higher than when it started for at least 2 days. It’s 380 now and it could be 300 or 500 within the next 5 hours.
I wrote once that will be after 220.
BTC will test the 10k level as it does not leave the 1st of February we see after 8k
Aw! Cute! Yep, hammer fall year. Regulations will allow the real money in. Just go to the Zcash future and wait (these glorious hours) for everyone else to show up
Edit- or run run Chicken Little because the sky is falling, oh wait that’s snow because it’s winter and everything sucks! All in on Punxsutawney Phil!
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just my speculation
bitcoin is targeting now 14k level and up .
zcash is targeting now 600 level and up
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here’s what i’m thinking:
around february 14th ZEC will be fully recovered.
we’ll remain bullish until may… mid-may through august will be bearish… bulls return end of september, and we’ll end the year bullish.
short term price target ~ $500
mid term price target ~ $1,300
long term price target ~ $2,000
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i might be a little pessimistic on the short term price target. one decent announcement doubles our price easy. summer slump might not be as-bad specifically for ZEC due to sapling upgrade.
I hope you are wrong but I just read about facebook having shut off all ads which were representing mainly ads for Bitcoin and the market reacted to it.
I see people mention target of 0.032 BTC until March. 20% true so far on that prognosis till now, not to mention it hit 0.0366 last night. Im changing 1/3-1/5 to BTC. This is bullcrap right now.
And as for miners who would rather pay 1200 eur for a card, instead of buying 3-4 ZEC right away. I talked to some of them, and those are the worst kind of people to be in crypto.
They dont see crypto as any value. Only value they see is the cards that they bought and THINK they can sell after all this mining thing falls apart, and the fiat money they can get from selling that crypto thing ,that the cards mine.
They only calculate FIAT, and nothing else.
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“This policy is intentionally broad while we work to better detect deceptive and misleading advertising practices,” wrote Rob Leathern, one of Facebook’s ad tech directors. “We will revisit this policy and how we enforce it as our signals improve.”
Quoted from:
Typical growing pains. Bad apple spoils the barrel. Will shake out in the long run.
i thought it will take them a year or so , but governments just initiating their crypto war little early .
first they ignore you , then they mock you , then they fight you , then you win .
the current financial system is rotten to its core . and it will break down . not a matter of if , its just when .
at this moment there are 8 people that own as much as 3.5 billion people .
let them continue defending their scumbags . its going down faster than they imagine .
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they don’t understand how to make real money with cryptocurrency! those people get washed-out fairly quickly!
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Is that a good thing or bad?
I think it’s a good thing in what they are showing. I think they are saying it will essentially repeat the process following the first pattern, which was big growth!
But that big leap back in February was right before the JP Morgan announcement. I’m inclined to believe the big leap then was attributed to that very favorable news.
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You are correct. Majority (if not all) “investors” in alt coins aren’t in it because they truly believe in the platform and its abilities in changing the world and how we live our lives. Especially more since we’re an alt coin, we’re destined to live and die by knee jerk reactions going both ways.
I think they are pointing to the May-June leap.
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I somewhat agree with your date, but I speculate it’ll be about 5 to 7 days AFTER the chinese New Year.
With the reasons obvious.
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maybe little off topic, but can anybody explain me why ZEN is rock solid during last sell off days … where is difference from ZEC ?
less week hands maybe ?
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Dont like this either😉
Enormous price jump at the end of 2017 was not based on anything solid and that scared the shit out of me. It just blindly followed BTC bandwagon. There still is nothing solid to back hopes for the price go up in coming months (Chinese New year is the poorest of excuses I have seen). We need something solid to happen and to take a physical shape at the background of development for the short-mid term prices to go up. Long term is still a gamble.
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Well lets see, if you look at trends, crypto coin pricing goes down near and through the new year and tends to rebound near the end of February. Since the speculation is that most of the largest miners are Chinese one could speculate that after February 16, they will no longer be selling off their assets for various reasons, just like the europeans and people living in the America’s do in November and December. It’s as good as speculation as any
But hey YOU know the correct answer so please enlighten us. If you don’t know the correct answer then mine or anyone else’s speculation is not a poor excuse.
Chinese New Year 2018: Dogs, luck and why you should avoid medicine, laundry and crying children
Just look at the volume traded.
No signs of massive cashouts. I am not the one who yells the doomsday. I am the one of many who yell for a desperate need for ZEC to finally come out with something solid (and loud enough) to back up its unique position in the endless list of crypotocurrencies
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This will/could have implications, tune in
I don’t see this US government looking favorably on ZCash since the privacy protections are so strong. Uncle doesn’t like when the people can have interference-free monetary transactions.
As far as something announce-worthy goes, they should be talking about this “Powers of Tau” event coming up in February.
I’d like to participate in this, but am having trouble getting Rust to generate a test key 
(but that’s another matter for another thread).
The value of an announcement talking about this event is that it essentially should make ZCash fully trustless, a significant benefit to this asset.
Remember (ZCash team): Not all marketing has to have some “big, earth shattering” news. Much of it - if not all of it - is to simply generate Top Of Mind Awareness, or TOMA. ZCash should be in the news every single day. When people think of Bitcoin they should be thinking “ZCash” (see what I did there ? )
“Privacy” is the worst enemy of any government when it comes to financial transactions. So ZEC should be careful what and HOW it communicates. Just my IMHO.
I think this belongs here.
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I sent the article to my dad as he doesn’t get what I’m doing exactly. It’s a great article for the layman.
If it hits 60k by 2025, then I’m buy an island somewhere.
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No, the security is what saves it, its the only one that stands a chance as a pure platform for value exchange. You’ll see 
But for now, bitcoin is still No. 1 and as such, it affects all the others (thats why i linked the story). Its funny, I read an article saying a investigation into the blockchain revealed that Bitcoin and Bitcoin cash got switched! Explains why Bitcoin.com switched too huh?
Edit-i had the same problem with rust and i was really wanting to smash that computer! Ug! Im pretty sure im just a moron.
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Hahaha, that would be amazing! I still wouldn’t be able to afford an island with a 60k ZEC, but I would be fine with big gains that bought me financial freedom and reinforced my decision and vision. Zcash is basically what I was hoping bitcoin would be originally, and then some (i.e. the smart contract like features, team backing it, etc.). I couldn’t afford to mine bitcoin when I wanted to (I always liked the idea of being part of the network as opposed to just buying, which I guess bit me back then), but might pay off well for Zcash in the long run - still couldn’t afford to mine in the capacity I wish I could have, but I’m in the game none the less.
You know what I love about speculation?? When you find others out in the world that also speculate the same thing you do
Let’s see the below example:
If you compare it to the above GDAX graph, look at what happens to bitcoin’s price on settlement days like the 17th or the 23rd. If this isn’t enough today, January 31st is another settlement date. And guess what’s happening!
If you ask me personally, although I agree that news may have a huge influence on people’s decisions, usually deep corrections don’t happen due to a single cause. I’ve read on reddit (as many of you I’m sure), in 3 or 4 weeks’ time it’s the Chinese New Year, which could invite people to dump bitcoin for USD.
I’ve actually done the math myself using coinmarketcap prices. And you know what I found? Bitcoin lost between 19% up to almost 40%, from the end of December to the end of January.
Every. Single. Damn. Year.
Want to guess what factor(s) usually perceives this correction?
A: Bad news!
B: The Chinese New Year!
C: People getting scared!
D: Market manipulation!
E: All of the above!
Yes, the answer is E)! All of the above reasons seem to contribute to bitcoin’s price drop in January. And that does make sense, as we need to think about how bitcoin works, being the first distributed currency:
If bitcoin is money controlled by all who own it, then we can argue that “cultural” events (like holidays, for example) can have a far greater impact on the price of bitcoin, than what is expected for fiat-markets.
Most mining corporations and exchanges are located in Asia, which increases the price fluctuations as when wealthy investors convert bitcoin into USD, the price of bitcoin drops (as expected).
Bitcoin futures settlements affect the price even harder, due to the retraction of the Asian markets. This is, the weight of Wall Street and Institutional investors is even greater.
For the above reasons we can clearly see that there is an incentive for bitcoin price to drop. Plus, during celebrations like the Chinese New Year’s the amount of money spent by consumers is insane. Should we rellay ignore this incentive for people to convert bitcoin into USD?
This is a problem that will be gone as soon as people start using bitcoin as money. The need to exchange it for fiat-currency disappears, as most accept bitcoin.
- People tend to react negatively to bad news (especially about bitcoin). So when traditional market investors or media channels release news about the bitcoin’s “doomsday” and terrible effects of regulation, people get scared. And what do you do when you get scared? You sell like crazy (to avoid bigger losses).
But every storm has its purpose.
Do you know what I really like about this one in particular? The cleanse:
LOVE THAT last line…
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soooo you saying we should holdddddd??
You do what you need to do and what is best for you.
I just provide eyebrow raising conspiracy speculatory facts
we’re actually holding-up very well… mildly pleased. may have gotten rid of most loose chips…current ZEC holders are wearing iron gauntlets!
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I have been trading for 15 years on various stock exchanges in different countries . I got burned many times specially in 2008 .
and I can say that I have now my own trading method that is successful for me .
the thing I learned most in my trading years is that . news or fundamentals or whatever rational explanation for PA movement in any direction . sorry to say it but it is complete BS .
the easiest way to confirm it . just listen to cnbc or bloomberg before any “major” news like the GDP or nonfarm payroll , manufacturing pmi …etc , then listen after the news . it is better than any comedy show.
they can give you explanation why the USD index is going up if for example the GDP showed better than expected results . and in the same time they still can give you explanation why the USD index went down if the GDP showed better than expected .
it can’t get funnier than that on any show !
the best part is . you will NEVER hear on any media, what will happen to the price of the USD index if the GDP " or any news" showed better than expected or worse.
you will only hear the stupid usual BS rationalization of why the price of the USD or whatever instrument has moved to that direction after the news and after the price has already made its move .
so please allow me not to agree about your conclusion about the effect of the " all of the above " . to me personally it doesn’t explain it .
what does explain it is just the pure demand and supply . and its all in the charts . and it was there.
the annoying thing in crypto currencies . is the variation of the price charts from different exchanges on the same instrument .
zcash for example on polonix is different from bitfinnex and different from hitbtc which is different from bithump and so on .
and to trade it , one has to check those various charts to get a median mental chart to be able to get more precise trading levels .
so far bithump , believe it or not is most accurate chart !
what I am trying to say at the end is . focusing more on the price action is a million time more important and explanatory than any news .
news important only on real major unanticipated things for example , the exchange is nuked
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you do realize there is never a logical reason for any of it. If there was, like the weather you could predict it to a 100% certainty.
You have hype, theory, opinion, trend, speculation, etc
and oh yeah, I may send a p.m. with a simple sunshine smiley face if everything returns to M.C. Hammer Bathrooms after CNY.
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looks like that people trust more to ETH and ZEC during today price dump (India news) … its maybe good sign for us …
ETH seems to be rock solid and very soon change the winner position against BTC …
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just one funny thing on the side , in case there are non crypto guys follow the forum . or some other smart ass bubble theorists .
amazon stock has by itself 700 billion market cap , almost 3 times the current all cryptocurrencies market cap combined .
going from 40 usd in 2009 to 1440 usd today .
please, next time any one have meeting with bloomberg or any other media outlet . shove this chart on their faces .
so that they stop " we have never seen a chart so stupid " talk .
BTW , there are much worse charts . but I choose one that is a blue chip .
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These folks have taken a bearish view on ZCash. Why? Who knows? They were predicting a value of 8000+ in Jan 22 back in December of last year. Dunno if their price predictions are worth anything of value or how successful they have been over the years at predicting future prices.
this page looks as banner adds page not solid prediction site …
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I run an adblocker and never see any…good point, though!
I have no solid info on this, so I’m just going on what I see, but that site changes its numbers very frequently. How can it be a prediction site if it does that every few weeks to a month or so. I wouldn’t complain, but they are jumping huge numbers. Seems fishy.
Also, very proud that we are holding so well with the btc drop today.
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lol pretty soon you wont be able to afford 1 whole ZEC
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very soon things will go green .
we are already below " balance"
somebody pumping zcash … look at bitfinex, thats positive sign three times today
If people see that ZEC price is not so depend to BTC it will be good chance to next grow …
So tempted to exchange some ZEC for other Alts while they’re still a deal. I’ve seen this rerun over and over again. Is this time different?
3 weeks ago it was almost 800 usd .
390 now is quite a bargain in comparison .
Trade your nickels for pickles?
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and seven weeks ago we were on 300 level … not so bad now
Yes, 3 weeks ago on my bday I was thanking the crypto Gods for my present. I cashed out $400 from an ATM and was doing the happy dance. I was like I’ll hold the rest of the stack for more when it hits a $1000.
Now I’m like trying not to freak out and literally kick myself! lol
for an Ichimoku cloud this signs are a very good sign. the cloud is think but it has been breached. that is a 4H chart
I am positive about mid february, hodl.
https://s.tradingview.com/x/vxlcnI0P/
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Its good theory … or Nvidia corp start pump some money
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I want to see how where we are at in the next 24hrs. The last few days people have been leaving and now I am seeing a return. I think we are on the road to a price steady price increase.
@kek We could be on track for the gains you predicted on the 14th of this month.
maybe duplicit post …
fyi: Crypto Fund Predicts Zcash To Hit Over $62K By 2025
Good writing and insights, thanks!
Seemingly, we have a hiccup in the network… hope it won’t affect the price too much.
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Market is so red…20char
nice slide .
does anyone know korean here .
I usually see prices in bithump with premium . today prices there are with discount .
Makes sense in the midst of a huge sell-off, don’t you think?
Where does it end? There isn’t going to be a lot of interest in the business world for incorporating payment acceptance for “currencies” that fluctuate 60% in a month. Unless the market figures a way to moderate itself, I think our ultimate upside is extremely limited for the foreseeable future.
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This 150 is not far what predicted here, when we keep drowning like this
that’s why no concrete decision made weather to treat it as currency or asset .
reminded me of a friend of mine works as a banker . he said once " deflationary by design my ass , this thing inflates and deflates 10 times a day " lol
back to speculating . 330 now is an important level for buyers . 390 area should be resistance .
This is an excellent point. Not many people will want to exchange goods or services for something that may be worth a million bucks today and 20 bucks tomorrow.
When the scandal comes with the Tether, the market will go down by 90%
Now 4K is possible
I guess bithump current discount rate is good example of the market psychology.
if I was korean now why would I sell at less than world average price, not to mention, less than the price I paid for plus the premium . unless I was panicking .
and only greed and euphoria that made me if I was korean to buy at all time high prices plus over 20% premium on global prices .
Greed/Fear .
will always make you lose .
control them in investing . and you will be king .
imo, way too bearish …anything below $8,000 is blood $7,000 is the hard bottom.
even though bulls fought hard yesterday, still lost… wish we could’ve put-up more of a fight, and not dropped into the crab bucket with the rest…
being said, one thing to be happy about is our volume’s beating XMR, and dash
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its not looking fine and dandy for sure .
but its not that bleak either .
its just normal PA . in fact , on one chart here its heading now for 420 again . and 330 level was a good long entry . might have some difficulties before that . but not that bad either .
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for beginners in trading .
the following chart represent something called Wolfe wave in technical analysis . not much known, yet IMO its most powerful thing in technical analysis . I see it as a refinement of Elliot wave . yet the theory by itself needed more refinement in order to be used effictivley . but this is not the scope of the post .
it shows exactly where was the selling should have been at point number 5 . (the suggested 800 USD price .)
and it shows where the target is " the balance line ( around 350 ) which ends the whole move .
and if you notice there is a small secondary wave (pointed in green) which gives a buy indicator ( suggested 330 )
targeting small balance line (around 420 ) .
this is how a chart should look like , never zoom in ( the candle sticks are irrelevant and you miss the whole picture) and never put all those fancy colorful indicators (they are just a useless distraction ).
when you remove your emotion and bias from the trading process. things become clearer and just a part of your daily routine.
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Thanks for the graph, @dbfusion! Since I’m not a trading person, this helps me! It would be nice to see more of this from folks who have experience and success. This is “price speculation”…
Krapen’s at 384 r/n. There were people who got a great deal on ZCash about 4 hours ago. I was feeling a bit queasy, frankly, and my beautiful Italian girlfriend was calling me “Crypto Cranky”…haha!
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you welcome brother ,
one thing , feelings shouldn’t exist in trading .
same as Greed/fear can easily ruin you .
excitement/depression have exact same effect .
never get excited in winning and never get depressed in losing .
its an ongoing process that keeps repeating itself .
I win and lose . and I get winning streaks and losing streaks . and trust me no matter how brilliant you are in trading , you will have losing streaks. but all must come with zero effect on emotions .
and I go to bed and sleep without even thinking about it .
and it actually became careless lifestyle for me almost
I will try to post more stuff like that in future .
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Ughh! Snake eyes! 
r/CryptoCurrencyMETRICS
RE: “What are you holding for 2018” Q1 2018 Survey https://www.reddit.com/r/CryptoCurrency/comments/7uuv3r/re_what_are_you_holding_for_2018_q1_2018_survey/
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zec wasn’t counted once… lol
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pretty amazing! guess that means we have plenty of room for growth.
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The longer people stay out, the more we can get at least. I think a lot of the monero bros aren’t considering the need for fiat gateways until we have true crypto adoption (which is a really long way off in my opinion - at least 7-10 years for what I would consider adoption, and probably further out for full blown adoption). With that, having both shielded and non-shielded addresses are going to be a massive win. With regulation hammers coming down, no government will kill crypto, but they could make the crypto to fiat gateways really difficult. Having the option of the public address will allow for regulated transactions when they are needed, while the shielded accounts will protect us and our assets long run. Still surprised ZEC wasn’t on there at all, but a lot of really smart people can see where ZEC is headed, and that comforts me.
I also think the Zcash team is really strong, and have enough skin in the game to see this through long run. I don’t see that similar layout used much, or in a similar manner. I also believe they are working with the right people (like Vitalik), which will ultimately help a ton as we keep pushing forward.
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Why zcash difficulty isnt rising? It stays the same for months, even when price was 700+
because many others coin with equihash algo had better mine profit - ZCL, ZEN, BTG …
PS: and NIcehash using auto profit algo
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smh …
LTC +8% @ $1 billion volume
ZEC -5% @ $53 million volume
i do consider $53 million volume an illiquid market…
zcash needs more USD gateways.
zcash needs yen volume.
kraken needs to allow zcash margin trading.
this is all that really matters. if this doesn’t start happening our markets will become stale/boring
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#coinbaseneedszcashnow
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@kek I think if Kraken allowed the same funding methods as Coinbase and relaxed the verification process they would gain more market share. Right now from my perspective there is no slowing down in accumulation. I can see a lot of people doing a sell off at the current price driving the price down even more. The people in the shadows will then come in and scoop those up to drive the price up. Give it two weeks to a month and you will see.
@phakov Putting ZEC into Coinbase is both good and bad. It’s seems like they shave off more than the miners fee when you transfer to them and then take a percentage when you transfer to fiat. I do however like that Coinbase does transfer the funds into my account same day.
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seems-like people aren’t taking time to learn the difference between alts …if kraken allowed margin trading; would attract traders (liquidity) that don’t really care about ZEC, but will trade. this will hopefully make it more difficult for entities to downtick our markets on kraken like they do. i’m completely okay with price corrections, but don’t like illiquid markets.
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apparently, it’s sportsball day in america… that could have something to do with our weak markets.
Historical statistics, lower crime rate today than on Christmas, everybody does fantasy now so probably even more so
Id consider today basically off
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Everything is down again…
This is only crypto and the world is coming to an end for some, imagine if they know more about Planet X? I believe from reading some articles and following pothead Mcfee, something is up and we will hear from it pretty soon!
The price drop hasn’t lowered the difficulty at all. I think we will start to go up towards the end of the day.
it hasnt levered because the global hash rate went up for almost 100Mh/s
I was just looking at that. I am assuming the people who are making the global hashrate higher are also the ones that are selling off as well. That’s what is causing the price to drop. I can see a whale here in the US come in later today and start snapping up cheap ZEC.
That should cause the price to go up a little.
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dont know about this but a lot of people switched back from new coins like Bgold since it isnt covering the power cost anymore for most …whales are good sign
I knew that was going to just be a fad. I just hope we don’t end up the same. I have barely mined enough in the last week to cover electric.
Too bad @AL888 got suspended. We need to be taunted to bring the price up. Worst case, I sell what I have and the price goes up.
Besides I’m waiting for the American financial markets to wake up in the next few hours. I think that will perk things up a little.
well i dont think so btg is quite legit but suffering heavy casualties due to the drop so iam really looking forward if its goes up after the drop with all the other coins
Major Cryptocurrency Exchange Bittrex To Add USD Trading, Reopen New User Sign-ups
via Blockfolio: FTX | Buy, sell & track your Bitcoin, Ethereum, & more
New dollar gateway coming soon, i use bittrex too its about time!
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Market cap under billion😐
Edit. Now under 300 usd
It’s ugly, no question. Since I don’t trade, I’ve lost a ton of $, sadly, since the end of December - as many of us here have. It’s not unreasonable to expect that this is entirely unexpected. We had a huge run up and then the Cryptospace shit the bed. Such is life.
The positive is that once it runs its course, we have only up to go. Perhaps it will also serve to kill off the Shitcoins out there, and there may be some positive movement in hardware prices for more committed miners.
It’s agony to watch the massacre, but the tough ones will profit!
If it drops too much I’m going to have to kill my rigs just to break even on electrical this month.
would’ve figured people that bought the heights would average down, and defend their positions by now. especially bitcoiners that bought @ +$13,000. our price doubles whenever we get an announcement, so i’m not too worried about ZEC. turned into a real bloodfest, tho!
like the time after the 400 dollars pump when we went under the 100 and u mentioned we are cutting into the bone now ?
Dont wanna say it, but al888 prediction is coming…
Its not just crypto though. Global markets are also way down. This appears to be an entire global market correction.
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yeah the whole world is going to end
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we finally moved-up in the rankings by 1 spot!!! wooooooot
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really don’t want to call a bottom during bloodfest 2018! i’ve had lowball bids get filled today that i didn’t think would be filled! being said, believe ZEC specifically is oversold (not just saying that because i’m a zasher). but we seem 100% tied to BTC, ATM, and BTC needs to find her sea-legs.
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found some support …hopefully
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just sold 1 coin at 250 euros just be able to cover the bills this mount
what a 5 min candle!
zec/btc
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Don’t worry guys, It’s all good. All those investments aren’t going to hell…The prices are going back to normal soon, just hold and keep mining
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When building my rig I made the assumption of an average 250 eur/month with a bail floor of 150 eur/moth and 14 months break even. Still sleeping well and waiting for the end results of this bloodbath. As well as looking forward for the new gen of nVidia GPUs.
How can you have lost if you haven’t traded? Paper profit/loss don’t mean much especially in the volatile crypto markets.
@phakov is a miner like me. If you have a lot of rigs then, you lose money in electricity costs alone. There is also maintenance of those rigs as well.
I sold what I had earlier today in anticipation of my electric bill that will be ~$750 this month. If it drops below $200 I’m going to shut rigs down as at that point it wouldn’t be a wise investment.
I think we will recover however in the next few weeks and start climbing again.
Careful, you will incour the wrath
shutting down the rigs because of the price makes only sense if you not hold just mine and directly sell … it has no meaning in case u hold mined coins and waiting for a good price to sell…but go on shut it down hope more will follow your example so the rest can profit more
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My thought is that trend might happen just before an upswing in price occurs later this month.
@Autotunafish That’s why I put that little disclaimer in at the end. Besides at this point we need to take all the variables into consideration in order to properly speculate what the price is going to be this month.
Some people get kinda touchee about it 
And it’s just because miners and traders desire separate things, gets weird
Price speculation through a glass darkly
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iam a hybrid of some kind I started to mine to have coins i can trade with (without a direct investment) and what i mine i partially hold and partially trade so i benefit from booth situations
If it’s any consolation, ZEC has moved up to 24th in marketcap and fell 29% in the past 7 days. Neck in neck with Litecoin. The others down 50% mostly. Somethings going on behind the scenes. ZEC is a tough cookie
dont know about LTC but Zec dropped quite heavy before so didnt have really space for a significant drop like ETH for example
Did everyone notice? ZCash is the only coin (from big 20) that rising on btc (now while everything else falls on both btc and usd – including ETH, LTC, etc.)! Almost through all that big drop and even earlier (since 9 dec).
Been watching all markets including the bloody stock market very closely and ZEC is holding up stronger than most.
I’m having trouble finding charts on Coin Pairs besides ZECUSD ZECETH ZECXMR DASHZEC BCHZEC on exchanges. Looking for any ZECLTC charts if anyone can share some links or point me to exchanges that offer them.
just looked at coingecko and ZEC is now #12 and yes holding up better at moment than most…
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just got me some bitcoins .
now I wish I got more
got it at 6050 and in 15 minutes its 6500
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zcash just moved up another spot!!! kek.gg
woooooooo hooooooooo!
top 10 here we come!
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HODL, HODL everywhere!
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“always look on the bright side of life”
zcash is showing some solid ground and I believe most of crypto enthusiastic have notice and noted.
Rock solid HODL people! Rock solid!
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For those into punny coincidences, consider the USD value of the current “line” along with the “source material” title. 
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Here is the start of the rally chaps!
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ohh nice! from all the coins I have or follow progress the one with most gain is ZEC with +13.06% the next is +4.93% BTC. Greatness awaits 
I agree with this - it’s only a matter time of time before we are a top 5 coin. Probably longer than most of us would like, but the dips/corrections really do show some floor strength (ZEC is the only coin i didnt consider selling near the top for the HODL). That will bring more interest to ZEC when it can sustain the dips better than others, which makes me assume the ascent will be stronger too. I’m sure like a lot of us, seeing us drop from top 10 down has been a slowly painful process, but it’s time for us to regain that positioning in 2018 (hopefully lol).
Here are some reflection on this correction:
- South Korea markets are finally aligned with global market (no more premium!)
- Ripple has calmed the f*ck down and stellar has real potential to play with banks too. (I highly believe next pump&dump from banks will be through XLM).
- The flippening is in hands of ethereum and not bitcoin cash or ripple → https://www.flippening.watch/
we love you grandpa bitcoin but you take to much time to upgrade, scalability is fundamental!
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Glad to see ZEC making its move independent somewhat of the others. I moved my ETH into it when it was close to a 2.5x difference. I think we will make our way back closer to even with ETH now hopefully.
The more governments and banks crack down on crypto the more important a secure privacy focused coin is. ZEC is definitely the leading coin in that regard in my mind. Plus it also has the backing of being one of the top nVidia things to mine.
Let’s hope this train keeps rolling!!!
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Aren’t wild swings in value antithetical to the entire notion of using it as a medium of exchange?
From a purely speculative point of view, cryptos are a traders dream. But I’m convinced that there is substantial tension between value volatility and the use of cryptos as a medium of change. For example, say someone buys a car in December with USD. The seller receives his green, but today that same green is worth half of what it was just two months ago… How do you expect him to feel about taking greenbacks again? Probably not too good.
So, then, how can I go to the car dealership and say I want a new Lambo, but I wll pay in ZEC? The dealer will say, “greenbacks, please”, unless he’s a fellow speculator like we are. How do you encourage sellers of services and goods to take any crypto so long as the value makes these wild swings where it’s literally chicken salad or chicken $h1t every day?
Does anyone think Ma Kettle will want to sell her house so she has cash for retirement will take crypto for it? Unless she’s a bullish speculator, the answer is no way (EVEN assuming she understands the entire concept of cryptos in the first place).
I’m really beside myself with this idea that use and value volatility can’t get along and how that will discourage widespread adoption. Until we see substantial use, ZCash and others will never be more than a gamble. Yes, I am bullish on the whole thing, but for ZCash to really blossom, something needs to happen to tame this wild bucking bronco.
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This time ZCASH market made key movement - it will be sign for investors which will switch from unusefull, old, unsecure and slow transactions cryptos to modern one we need to separate the chaff from the wheat in crypto word
btw its speculation only, but if gpu manufacturer/designer company support crypto - its better strategy to choose one with relative low circulation suply and low market cap for now…
So sellers will take crypto, and immediately convert to USD (Or other Fiat), at least for the time being (they will use various services to do that). Seeing as crypto adoption will follow an S-curve (if it’s adopted), it will be years before sellers are taking crypto and holding the crypto, as opposed to converting to Fiat (unless they are really bullish and find it as an avenue to receive discounted crypto).
Edit: for crypto to be fully adopted and more stable in price, scalability and other similar things will need to be addressed. Long term potential is so huge that I believe it’s fully worth the risk, but there is a lot of risk, since a lot needs to he addressed before “normal people” will begin adopting it. Ie, smart contract wallet backups, scalability, more liquidity, and honestly, regulation will be needed for the majority of Americans to accept it, and I’m sure that goes for some other developed areas as well. I think long run, crypto will survive all these necessary changes, but it will take a while - so it’s a patience game, and making sure all the small milestones along the way are met.
Remember 50-Cent’s accidental millions?
I think this is going on right now, this is just a transcript https://www.google.com/url?sa=t&source=web&rct=j&url=https://www.financemagnates.com/cryptocurrency/news/live-updates-us-senate-discusses-cryptocurrency-regulation/&ved=0ahUKEwj10vev95HZAhXDLmMKHUTSAg8Qu4gBCCkoATAA&usg=AOvVaw1WJExIK6bNxnf7xlFwdege
Sorry was wrong link!
Notice the key words…
The heavy handed government is having a hearing today, yes.
Paypal should have a crypto to USD gateway; no trading, just conversion from crypto to fiat. They’re likely one of the obvious outfits who can do it and have a worldwide name.
Fifty Cent better not post wads of bills on Twitter agan
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Yes celebrity endorsement of ico’s are mentioned, here’s the link for the live video, says at recess I think for another half an hour, I got to go back to work! Damnit!
who and what are you e-coin?
Notice the 100k volume? Worst pump attempt around lol! But yeah, Cray stuff with the 4000% increase.
what is up with coinmarketcap not calculating right the total market cap?
that’s free and bad advertisment!
It’s so jacked up, I called them out on Twitter about that like 8 months back - it’s so deceiving that they don’t take volume into account, since that coin is clearly a shitcoin.
Jumping total market cap of over 1 billion only having a couple K in volume is just ridicoulous!
if($marketcap > ($volume*1000))
{
// admin should manually check this coin
insert.greyList();
send.email.admin();
}
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There you go, easy solution to their problem! Hopefully they can do something something about it, because you know someone us going to jump on that train, even though it’s derailed lol!
But yeah, it’s crazy they accept that and dont add some sort of fulter like what you provided - I’ve seen it a few other times too, just not any that made it top 25 or so.
All we need now is some really good news from the Zcash team. Maybe some new updates on ZKStarks, nuclear ceremonies, what Zooko had for BBQ, etc.
Who cares, anything earth moving to give ZEC another boost. C’mon guys it’s your time to shine!
The Powers of Tau event coming this month is certainly newsworthy.
What is that event about? Got a link about it?
Here is what I could find.
As I understand it, the Powers of Tau process will remove any claim of ZCash being a “Trust-Necessary” platform and make it entirely Trustless since so many independent and unrelated participants are involved. While any of those “Zcash is not entirely trustless” claims are patently absurd due to the mental gymnastics required to assume them to be true, the PoT process is vital moving forward.
https://twitter.com/GrayscaleInvest/status/961019207491178496 grayscale (major ZEC investors) will be speaking at yahoo finance all markets summit where “grayscale CEO will share exciting news”
(live)
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barry just named zcash as 1 of only 3 alts he believes in! (BTC, ETC, ZEC)
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1:30 p.m.
Wall Street Embracing Blockchain
Umar Farooq, Head of Blockchain, JPMorgan Chase
Moderated by Andy Serwer, Yahoo Finance
Maybe there might be some Zcash tidbits there
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we are now no 10 in cryptocompare main page based on volume trading.
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I don’t know about you guys , but I don’t like this correlation that has been going on for last couple of months.
to me , it doesn’t look healthy for the cryptocurrency market as a whole. it just puts all coins in one basket regardless of their quality .
you can’t imagine a stock market index going up or down and all stocks follow exactly the same way .
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more time passes and more pairing will be availble.
BTC dominance will go down and many exchange will start introducing new pairs.
IMHO (That and $6 USD will get you some coffee) one of the largest issues faced is bot trading. Regardless of quality, if papa bitcoin goes up or down, so does the alt market, our beloved ZEC included. My belief is that issue will not go away (bots) but that the people running the bots will mature and realize they could be making money outside the bitcoin realm by supporting alts instead of the bot herd mentality. I may be dreaming (done that for 58 years) but as a long, long time trader in the stock market and a medium term trader (in alt coin years) in ZEC and a small number of other alts, I feel this will come to pass. Hold half, sell half. When others panic, buy. When other pile on, sell half (or whatever % you are comfortable with). Good luck.
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Hoping not to jynx the situation: but ZEC is showing some slow and steady rise.
500 in the weekend?
23rd place by the end of the day?
this bot trading thing should have ended years ago . it was born dead to begin with . it’s astonishing that many of the fresh generations like to repeat the same mistakes over and over again .
you have been dreaming for 15 years before me, and the last two sentences in your post sums it all up .
it can’t get any simpler .
people should pay more attention to experience and wisdom . no machine, no algorithms, no fancy indicator is going to show you the path.
wish you all the best and sweet dreams for many years to come .
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To sum up the unexperienced:
When things are going too well it’s when you take in the profits (or change completly strategy).
Another good suggestion for newcomers: “always respect your goals” (in good and bad situations).
I personally believe it’s pure gambling if you don’t set your goals.
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my goal? billionaire Kappa
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hmmmmmm…
Partner @ INB, China’s largest blockchain-focused fund.
https://twitter.com/wheatpond/status/961608603433164800
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crypto porn incoming 
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if that is true Zcash will rocket!
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Impending large green candle.
414 on Krapen r/n…we rollin
big block of resistance at 0.05 on bitrex 320zec right there at moment,… fingers crossed would be nice to break that before weekend
consider resistance broken.
0.05011 on Krapen r/n - we don’t see no stinkin’ resistance!
I’m thinking we’ll see more strength against BTC as time goes on.
looks like they moved it to 0.052 now…pessimists
I would like to see ZEC paired up against ETH…that’s one to watch in my opinion.
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it will not be so great… all AMD miners switch to zec …
how many of them are mining zec and just transforming it to eth anyway, leastr with parity they may Hodl more.
there are other gpu minable coins and with zcash difficulty on the rise they may appeal more to some of them
you are right, but AMD eth miners have big available power to switch wherever it will be more profitable
22nd place…and rising😎
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west buying, east selling … in same tine, every day
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Congressional hearing set for blockchain oversight and Technology Valentine’s Day, should be live like the others
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Hold that thought, we’ll have to see if the government shutdown last longer than 6 days I guess!
I have a spelulJoke for all’ya
1.monero
2.BTCP
3.bitcoin
4.eth
5.aeon
.
.
.
.
51. Zcash
Although i believe that is highly skewed, 51 out of 1384 aint bad, top 3 percentile!
Man (ME) tattoos another twitter users handle on his arm for zcash
lel
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all in zcash btw guys
Zcash for KRAKEN:ZECUSD by _TM3K_ — TradingView (click play)
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and then i threw my laptop inside the laundry machine and turned it on
Btw 1 zec = 1btc
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Ha!
What an original forum entrance!
Welcome to the community tm3k, I wish you all the best and I’m sure you’ll bring in some great new energy!
How long have you been trading? I see you are interessed in Silver:
You and I have the same trading strategy. I had was heavily invested in silver before I got into ZCash. I stopped buying right before cryptocurrency became hot. If I wasn’t sinking all my money into ZCash mining I would pick up a few more lbs of silver.
I prefer gold myself but will definitely snatch up the deals, i got a silver 07 kookaburra for $22 few weeks ago, my brother got a gold 94 3g maple leaf for $130, that was a good day!
Edit-those retail for $45ish and $200ish
21st place and something interesting
Dang, where are you finding deals like that?
Edit: also have to love the Zcash price momentum! We are recovering well!
Anyone know if sapling will theoretically solve the scaling issues that all crypto suffer from? I know it will drastically increase the tran speed, resulting in an ability to finally be able to use z addresses.
Just trying to understand
They’re few and far between!
In a word, no. You can read a little more in the “Beyond Sapling” section of the blog here: Zcash for Everyone - Electric Coin Company
Also there are some links to some interesting stuff in Zooko’s post in the forums here regarding future scalability: Technical AMA w/ Zcash engineers Dec 8, 2017 noon PST - #57 by zooko
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Unrelated, Another one of those super deals, smasung 52’ died, those 2 capacitors with the bulged tops, brother got dead tv free from a friend, $4 for capacitors, $20 slodering iron, $3 in solder
Good day, im gonna buy a lil zec!
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Same exact thing happened to my samsung 52", luckily I looked into it and was able to fix it.
I didn’t get a free tv but I saved myself from buying another one. That was my first time soldering and it went perfect
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Makes sense lol, congrats on the value find!
On another note, I have a feeling we are going to see ZEC break through that 500 level again pretty soon (anyone’s guess on exactly when, but my guess would be within the next 1-3 weeks). Let’s see ZEC top 20 by end of month!
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We’ll see how the Congressional hearing goes tomorrow, seemed to have a positive effect after senatorial hearing, of course they’re 2 different things sorta, ones half of the other
Edit-must be everyone this time, senate and house o’ reps
I think maybe the first was to see how this would all fly and tomorrow is more hashing it out, or maybe more specific emphasis over regulations, i dont know
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I was wondering if that happened, the voting thing is wicked neat especially since zk-snarks have already been used for that exact purpose
https://t.co/fRZm7FQAdy
No separate network needed
Edit-holy shut what if zk-snarks eliminates the electoral college!? It has the capacity…
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Let’s hope AT LEAST
Zero Knowledge Tech has some beautiful applications:
- I could easily imagine schools where teachers only know your nam. Your grades and degrees can only be accessed with a personally signed message
- Police that access your criminal record without knowing who you actually are
- The bus/train controller can see if your ticket/subscribtion is valid without knowing any personal information
- your medical and genetic data could be 100% private and data could be accessed anonymously for university and important reasearch study (with some auditing system for access)
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Can I please give this more ‘likes’? Can it also do something about the House and Senate?
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uh oh
lol
Kindly elaborate for us less informed…
That, “You can “attack” my Monero address all you want” comment lol!!!
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Haha…this is the same mentality that led to the Inquisition. This old bastard can’t deal with any anti-establishment ideas. Those scare him as he knows the potential that cryptos give the masses.
“God” only knows how many people the rich have fleeced for many eons. Bitcoin ushered in a new era where value, wealth and money can be insulated against those who wish to debase and control it. It’s entertaining to read remarks from those who are in direct benefit of the very system cryptos can one day eliminate.
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I was reading that yesterday and thinking the same thing. You do have to note that Munger and Buffet’ s strategy avoids all these new technologies because I think they can’t understand them, and they stick with what they know, which has obviously served them extremely well over the years. That said, they’ve missed out on all the big movers over the last 10 years due to that thinking (Amazon, Facebook, Google, Netflix, Etc.). I think crypto will basically take from the rich and give to the masses, since those with the money and power will be most resistant to the change, and only very few will embrace it at the top (some have, and some really have spoken out in that direction, but a lot of the non-techy billionaires don’t have the vision).
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Consider the flip side, maybe thats what he wants everyone to think and with social media im sure planting the seeds of reverse psychology has never been easier
Predictions predictions, will this be the greatest scam of all crypto exchanges? https://venturacaps.com/musk/index2.php
You’re ignoring a pretty glaring example of why that’s not true: Bitcoin forks.
Who kept Bitcoin from forking to have a larger block size or segwit? Consensus among the large, wealthy, powerful mining cartels. The weatlhy rule crypto just as much as anything else. Money is power.
…
That’s currently the case for bitcoin, especially in regard to the current holdings along with mining. That said, the “winner” will follow an s-curve, and the vast majority of people will not hold until the top, only an extremely small percentage will (which is needed for adoption). It’s also very true that it takes money to make money, and those with money will have power. The big differentiator here is that Buffet and Munger group it all into one basket (crypto = bitcoin to them).
I also believe that the lack of consensus within bitcoin is why it won’t be the winner long run, and why I think Zcash has an amazing opportunity to take that spot.
But the biggest argument I have on the wealth transfer, is the fact that the mega rich, or most of them, will be the late stage adopters (at least when it comes to 99% of their wealth), and a lot of those without safe banking situations will be adopting crypto earlier on (for true adoption, we are a long way from that). The extremely rich old money won’t want to admit the shift is happening, and it will harm them if it does, so they will be pushing against it (which is what we have been staring to see). That or they won’t care if it is happening due to their lack of need. You’ll see a few that will have adopted crypto, and they will have a huge advantage over others, but truly picking a winner right now is a massive long shot, and the winner might not even exist yet (although I think it could end up being Zcash).
Crypto will break apart the current system over time, which is already a broken system to begin with, and in the process it will allow for a smooth-ish transfer of power and wealth from the few to the many. Obviously there will always be winners and losers, richer people and poorer people, but I truly believe this system will have a more fair distribution when it’s all said and done than the current system we are all living in.
Something interesting
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Perhaps a ZEC user can simply send it to a paper wallet address and just hand over the printout to someone and call it a day.
I know you can get a paper wallet with a Z-address for ZCL. Does anyone know of the same for ZEC? BTW, and I’m not a ZCL fanboi, but the Eleos wallet is clean and there are good resources for the crypto in general. That they are “reverse forking” into Bitcoin for a “Bitcoin Private” has potential in my opinion.
Oh, I like the prediction for Doge…0.22 USD! So price! Many increase…wow!
How do you mean paper wallet? You can actually use a zcl paper wallet for zcash. It is interchangeable.
You can also use something like vanitygen_z. You can find it somewhere around here. It’s pretty cool, you can generate custom addresses. I’ve created a t1awesome address for myself.
Edit: Initial attempt to add Zcash support to vanitygen - #10 by exploitagency
I read that one too, unfortunately the tax exemption really only applies if you’re willing to give away your zcash for something else like stocks, or just give it away period. (There’s no mention of circumventing income taxes from mining, I dont think theres any way around that one.)
Am I the only one who is worried that ZEC price is heavily pegged to the price of bitcoin?
ZEC needs more gateways, so that we can have 2000usd eoy.
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The way I circumvent income tax from mining is by forming a business around it. They can’t tax you if you sell ZEC to pay expenses associated with the business.
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That’s what we did. Formed a LLC just for mining.
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Think we are sitting too long under 500, its time to move on😎
Having a mining operation under an LLC doesn’t make it income tax exempt, its about 15%, you can deduct about half your expenses though.
Like I said, theres no way around income taxes for mining rewards. FIN
Edit-price speculation > today sucks
Right now we are moving sideways. Things will pick up soon.
Should be picking with this dam difficulty
Yes there is… don’t sell!
Agree. The government gets a piece no matter what. I went the LLC route to make sure that mining and any investments made by others into my operation are kept separate. Pretty easy to do since most can be done online besides the local business license.
looks-like kraken added a ZEC/JPY pairing
outside of USD; JPY is our most neglected market.
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apparently, there’s cool stuff going on “behind the scenes” https://twitter.com/wheatpond/status/964662701099241473 most people wouldn’t know that unless you follow random low follower twitter accounts. people that don’t waste their time on twitter would never know this.
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This is a really big improvement for ZCash, one I have been anticipating for some time.
Meanwhile, in South Korea…
cue dramatic chipmunk…
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Oh no another bleeding on the market
I’m not concerned that BTC droped 10% in a day, what makes me worried is that ZCASH lost more than 35% in ZEC/BTC ratio in past 2 weeks. I hope we can go up in next few days for that matter…
Another round of bleeding…
Edit: and sinking
Where is the world do you get 35% loss ?
The zec / BTC ratio 2 weeks ago was 0.042
The ratio today is 0.0401
SO! Lets try 5.2% loss in ratio between zec / btc BUT with BTC having increased 30% in value from two weeks ago compared to Zcash increase of 12% from two weeks ago
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If ether can stay above 780 we should be good
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Greetings everyone. 0123456789
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\o welcome to the speculation thread!
happy to see ZEC holding-up okay compared to the rest. ZEC/BTC’s doing well.
ZEC markets are tricky… we’ve lost against USD, but gained against BTC last couple corrections. almost seems like people are using corrections to accumulate ZEC under the radar.
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I agree with you. Look at xmr and zec holding. Privacy is the leader
Well on February, 10th ZEC reached 0,059 BTC. Yesterday it was 0,038 BTC (Bittrex chart). Apparently ETH has the same problem as ZEC does. I don’t know if it’s beacuse of ZCL and ETC forks announcements or just the lack of any news from dev team. This prolonged overwinter upgrade i believe didn’t help either.
And its bleeding bad again zec just a little over 400
Month end is always bad. Miners are most likely selling to cover expenses. I would buy right now. Even if you buy one ZEC and it goes back to $450; you’ve made money.
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By the same argument, buy .01 zec; buy 1000 zec.
395 now …stop bleeding around 400 it held but not long
Edit:back at 400 hope it keeps above
Unleash the bulls!!!
Cant see bulls anywhere and also what is making this drop?
Can we reinstate @AL888. Hearing him tell us that ZCash is going to crash to $150 is the good luck push we need.
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Patience young grasshopper
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IMO the price of ZEC could be much cheaper. The release of Sapling will allow the price to reflect the tech of ZEC. Right now we are betting that all the development will still be completed. Right now it’s just accumulate and sleep!
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Looking forward to like 3 moths from now. Overwinter release combined with new marketing effort should bring some results. Right now we are just floating down the stream.
Post your opinion on ZCash and ASIC mining here:
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I’ll have to add to that, appreciate you linking it in here! I agree with the majority of the community though, that staying ASIC resistant is a must!
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Would be nice to see a retest of the 250 to 280 area from a few weeks back. Want some cheaper zec
um, no. Buy Doge if you want something cheap.
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Or go to the zcash ripoffs, hmm komodo, hush, bitcoin-private, some of them are very cheap at moment
What is going on zec Difficulty to mine ( I mean, last week it got bigger a lot)? Do you guys think this is someway positive?
Maybe those miners from XMR and ETH, as XMR mining is less profitable now.
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Possible flypools pool hashrate is the highest I’ve ever seen it
After seeing what happened to ZCL today (60% drop after the BTCP fork snapshot) I’m a bit releaved it didn’t happen here. It looks like ZEC is back at the top for NVIDIA mining. I was contemplating on using miningpoolhub but rather just stick to flypool for now since its still in the top 3 list.
zcl dropped because of the scamfork. no reason to have it now
o.o what’s happening ? zcash network hash just jumped by 170Mhs+
Yep dif is also high and im making 30% less…
All the ZCL peeps looking to get in on the BCP action flocked to ZEC…which is what I don’t want…low difficulty = happy me.
…woowowow…ZCL really shit the bed, didn’t it?
-85% in less than 24 hours, that’s big crap!
Does anybody know if bitcoin private will be minable?
Guess it’ll be using equihash, so probably yes.
Price dropping and difficulty rising. Maybe people will switch to something else?
I’ve pointed all my rigs at nicehash’s mining pool for the moment. With the the difficulty being so high and the price not going up, we are in a bubble scenario. The question is when is the bubble going to burst. When it does either the price will plummet or the difficulty will drop. My money is that the difficulty will drop before the price.
Just remember how dramatically Flypool’s overall hash rate dropped when Bitcoin Gold came out.
IMO price drives mining behaviour, mining behaviour does not drive price.
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Well difficulty has risen to a point where I am thinking a switching. I have mined zec exclusively for 3 months. But if things keep going this way I will change.
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Parabolic spike on flypool´s difficulty from 9.1m in the morning to 13.6 m in the afternoon, damn I wonder how long til it hits 20m?
I have also switched to nicehash with my NVIDIA cards, and then I’m exchanging BTC to ZEC at bittrex. I think this is great opportunity to buy ZEC at this BTC-ZEC ratio. Can’t imagine how much would difficulty increase if ZEC price is higher.
I just switch my main rig to eth. I will be making 25% more at current difficulty. Maybe zec will come back in line. I prefer to mine zec
How has negative news on monero or zcash affected their respective markets in the past? In light of the recent ‘criminals shift to alt coin’ coverage, how would one assume the markets/prices to react?
Seriously, why not just use ZCash:
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don’t know, somehow ppl fear the great potential of ZCASH
Some people are stupid, makes me sad
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Hopefully the power outage temporarily kills diff, lol
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Market is so boring last few weeks…hope this will change in march
Edit: and as miner, i hope the mass of new miners turn to other crypto😁
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My main rig has been mining eth because of zec difficulty. But looks like eth difficulty is spiking. May switch it back to zec.
“Seriously, why not just use ZCash:”
indeed, why not?
but imagine if btcp branding and marketing just trumps zec’s?
Btcp is also in equihash and today at mainnet
Their branding and marketing but will almost certainly
Just remember the empty can rattles the most
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This is a Trump free zone, dude…
ba dum tiss…
BCP won’t make it. ZEC is well ahead.
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So what would be the prediction for zec? I hope to see 800 before may.
I hope its 80000000000000 but hope isn’t gonna get us either.
Is that 8 quadrillion? Lol
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I’m hoping stable $450 march and $500 Aprile
Mining is so f…d now… 5 rigs mining power is like 2 rigs are working🤔 if this continues i have to change…
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My theory of that right now is that it’s one person accumulating a vast quantity in order to take advantage of higher prices in the future.
If nvidia drops the new cards in April they will be 30 to 50% better. The first lots will be sold to large mining farms. Difficulty will probably double from here and the price could fall if they sell vs hold the coin. So your profit could still fall 50% from here without much of a drop in price. And to add salt to the wounds the market will be flooded with used 10xx cards so your rig investment will drop in value. All depends what nvidia does. The announcement or official teaser of the new card is expected in 2 weeks.
All the people mining ZCL change to ZEC. When BTCP start appearing in some exchanges with a good stable price. Difficulty in ZEC will go down again and people will move to BTCP.
For me, I will keep all my rigs in ZEC. my profit went about 30-40% down. But still holding I hope I could sell when price pumps again at 700.
people don’t shit yourself in the pants, be patient. that isn’t any sport.
hold on… XMR will pass ZEC anytime soon 
how many times I heard that…
What is going on with the market? Everything is bleeding
It’s most likely the miners who have driven up the difficulty dumping what they have accumulated.
ZEC is half of what it was 60 days ago and the difficulty this week is the highest it has ever been…WTF?
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Hoooly drop, Bat-man!
It’s like someone turned on a light and all the roaches go running
The people bought their hardware when it was 700 and just now got it online
Boy are they going to be disappointed
Quote I just made in another thread wondering out the difficulty spike
". My best guess is that a lot of people have moved in to mine zec causing the difficulty to spike. If some big farms have done that then the difficulty will rise faster. Often big farms were created with cheap cards and have cheap electricity so the decline in payout does not effect them as much. Soon small miners could be priced out of mining. When nvidia launches the new card it will increase the difficulty. When etherum moves to proof of stake a lot of miners will move to other coins. If they move to zec, this will increase the difficulty. The time is coming when small Mining operations will not be profitable. "
Also keep in mind that a lot of people have been forced to build their new rigs with cheap cards with only 2gb of vram. These cannot mine eth as the dag fill is 2.5gb. Also even the 4bg 1050 cards mine zec better than etherum. So lots of small low power cards are probably now mining zec.
sounds fair enough. until then HODL
Correct me if I’m wrong but the pattern that’s happening now looks like last year in June-July, prices were high, people started buying hardware, and then prices dropped a lot, about 60% over a few weeks if I remember correctly. ZEC was 400 and then it was close to 160 at it’s lowest after that… I wonder if this will be the same pattern. Of course this is influenced by news, so if we keep getting bad news, things will tank more.
mining was still more profitable during that time. It’s way below that now. Regardless, I expect price will improve slowly.
Only news, good or bad, will break any coin away from the power of BTC’s influence and even then for only a short time. Want to fly solo? Convince exchanges to remove the BTC/ZEC pairing. Then we would have a better chance, slim as it may be, to break from its influence. Until then, as BTC goes we all go.
315 on Krapen r/n eww - perhaps this will scare off the weak of stomach so that damn difficulty comes down…
It’s doing this across all coins. It’s gross. I don’t like it.
We can only hope… This difficulty is insane
Pray that nvidia delays the launch of the new cards. Difficulty could double from here. And price collapse more. Got some buy orders waiting for zec around 250ish
interesting
“INSTITUTIONAL
DIGITAL CURRENCY LENDING”
zcash included
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Market is sooo red and zec under 300 wtf?
why and why … this is simple answer - more sellers than buyers … more big miners which needs to pay their investing to overpriced HW and in the worst case also bank loans for it …
yesssssssssssssssssssssssssssssssssssssssssssss!
WELCOME BACK BROTHER!
THANK YOU OUR SAVIOR!
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That i want to see😎 and nice to see AL888
Things have to turn now, guys…the Panda Indicator we’ve been waiting on has appeared.
Since I am pretty new, is panda indicator a good gauge that a rally is in store? Can’t happen until I get some in the mid to low 200s !! Come on weekend sellers!!
Each time ALS888 trolls us with his 150 price prediction is our de facto “Panda Indicator”. He posts some panda predicting ominous times for ZCash, and each time he does, the price seems to go up
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Possible explanation for global Sol/s dropping? Would be nice if so.
Decreased network traffic equaling increased difficulty (less work to go around so its harder) to maintain the target confirmation time
Cryptocurrency is going through the crucible right now
From 780 ~67 days ago to 506 about 30 days ago and now 285…All with the highest difficulty in history…some $h1t if you ask me. I suppose the only positive at this point is that it’s at least not ZCL.
Took just about 2 seconds to figure out what $h1t meant, so many acronyms nowadays! First thing i thought “was that some kinda hack? gonna have to look it up” and then “jeez im a moron”!
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Completely agree re ether- especially since it is not going forward with Kik.
Now to show my ignorance, why are end of year zec prices expected to be 750-830s? ie why has Zcash not bounced to the 1k or even 2k prices? Personally, I put a lot of my faith in this coin because it only makes sense that as bitcoin ages and receives more attention it will become less ‘anonymous’; recently read about private firms that are being hired by the fbi to help analyze patterns on the Blockchain and identifying various data points about different users. Plus several states are moving forward with tax policies, and China is being practically draconian in monitoring crypto. I would expect this to lead to greater interest in crypto that was actually private, and thus leading towards a stampeding bull market for Zcash. Yet it seems to crawl upward at a glacial pace. Any thoughts on why that is?
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few thoughts (imo) we’re in the third wave of accumulation.
- low volume (we’re borderline illiquid) no news, no announcements.
- USD, and JPY are sidelined (need more fiat gateways)
sure i’ll think of more, but these 2 are the main things that need to be addressed.
1 decent announcement doubles ZEC’s exchange rate, easy. 2 decent announcements puts us back into the $800-$1000 range. just need to be patient.
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What kind of announcements do you think would do that? The development roadmap is already pretty open
merchant acceptance, addition of gateways, and companies using zcash tech (like JP morgan).
additional gateways are most important.
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I’d like to believe that, but in order for ZEC to get to that 800-1000 range: (1) btc needs to hit 15k or; more exchanges suddenly add more ZEC pairings; (3) or ZEC becomes purchaseable with fiat in some exchange.
BTC will end the year in $17-20K range, imo.
BTC needs to build support before defeating $11,000 (one of the deepest psychological numbers their is).
you’re speaking to the choir in regards to fiat gateways.
another thing that could help us is loss of confidence in other currencies.
haven’t seen anything to make me feel the need to adjust my price targets downwards (targets have been fairly accurate so far, my timing needs to improve). once we’re through 3rd wave accumulation, think bullish cycle could take us to the $1,300 area.
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unsure we’ll be able to defend $1,300 (depends on future market conditions), but we’ll kiss-it.
ZEC to me a serious currency developed by top notch cryptographers–something very few others can say–and was the “first” of its kind with a clear unique use case, thinking about fundamentals. I think it’s a blue chip that will continue to innovate.
I think it is just not as aggressively hyped and branded as copies like BTCP, or even ZEN. But I have a sense that once the dust settles and people get used to crypto and can distinguish the real deal from the hype, the roadmap ZEC developments roll out, etc., we may see a steady rise.
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They will test the limits of how well a great product does when the maker of that product DOES ABSOLUTELY NOTHING to promote it.
As Kek pointed out, ZCash needs not only multiple fiat gateways and places who accept it for commerce, but ZCash also must do everything to promote user adoption. It’s my opinion that the “build it and they will come” attitude only goes so far…it must be aggressively promoted, unrelentingly so.
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Agreed! I keep my fingers crossed for a new marketing campaign to match the technical savvy.
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We’ve agreed to disagree, the scrutiny on cryptocurrencies is bringing plenty of attention already, better to have kept their mouths shut (just that almost completely separates Zcash from the frivolity that is the “cryptocurrency zeitgeist”, if you will, let alone the groundbreaking tech and what have you), all the info is out there and accessible and thats enough
I think you guys just get board, its gonna be like 1000 days before you’re gonna wanna sell
Ive got half a mind to disprove gravitational pull, its gonna take a while too, im set
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Unrelated but super interesting, some brainy ladies
https://www.elsevier.com/physical-sciences/physics/virtual-special-issue-on-women-in-physics-2018
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I agree here.
zCash lack vendors which to accept zCash as payment method.
The only legit company I know to accept zCash is CyberHour.com a web hosting provider.
On the other hand, ZEN is doing great job on promoting their ZEC clone…
With that 20% “Fees” for the devs of ZEC they could and should have a marketing experts and enough budget to promote zCash.
What a shame…
Market is melting and can see less miners in the pool…
At least difficulty is lower for mining this worthless forsaken junk… lol😂
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This is some real rubbish…oh my.
What we can hope for - or at least the miners can hope for - is that the difficulty will be impacted significantly in the negative direction with this price drop and value bleed out. I agree with ATF on the 1000 days outlook. It may take longer, even.
Even if this is a massive correction analogous to the 90’s dot.bust era, the good ones will be left after the forest fire. I think ZCash is one of those that can survive into the long term. This will test your fortitude…
I say start buying. 250 is a good price to get in.
Looks like heading towards 150🤨
It has broken through the February low. Next stop should be the Oct base range of 200 to 225
240 ladies and gentlemen. Do I hear 220?
All crypto bleeding…could be more too come…Just hang in there…the light is coming soon. month of May…I think. Good luck all. Crypto is in a slump…will soon recover.
Mhm…what to think of that😏
Seems like the person would be fun to have a beer with. Other than that, predictions often make fools of those who predict. So, at the risk of being a fool, my prediction is that crypto will rise, fall, rise, fall over time. Long haul looks promising. Short term, not so much. Oh. And the biggest risk for crypto other than politicians is still bots buying and selling according to whatever BTC is doing. ZEC is a solid coin IMHO. Buying…
I like the panda image😎
Trolling posts really have no value or relevance to our discussion. I flagged this most recent example and will keep flagging anything I find to be antagonistic. I encourage others who may feel the same to do the same and flag inappropriate posts that do not add to what we discuss in this thread.
didn’t even know you were posting! this is delightful! good news!
out of curiosity, do you care to make your prediction more interesting for every one here ? or you are one of those who talks the talk and never walks the walk ?
it’s no secret, just look at what’s happening, its the hammerfall and its gonna get interesting
Edit- just wait till they play the ethics card
missed u man glad u are back
I see $238 come on 100’s papa needs lots of cheap zec
Which one is better for investment.?Dash Vs Zcash Comparison and Price Prediction i am confused on this.
Its not written to really explain anything
ZCASH dropped to 26. place on coinmarketcap. Have we ever been that low?
yes (20 char char char)
Seems like all the cryptocurrency news articles are becoming increasingly persnikety
Zec price havent been so low since oct last year…
Any green on a Friday after this hell week is a welcome sight if you ask me. Now all we need is the difficulty to plummet like the price has over the past 70 days.
The big bleed was not surprising to me…though disappointing that so much blood has spilled. The pre-Christmas growth could not have been sustained in the least. Let’s hope that we’re approaching the bottom of this and things will chill out for some time.
As I said in another thread. I have heard some speculation that Bitman has been deploying some Asics in secret that attack the ASIC resistant coins, causing the spike in difficulty. Of course it’s just speculation regarding zec. Xmr I believe is known.
zec is definitely better than monero in terms of their asic resistance. 2MB memory is a joke.
I read a story about how the Monero Fork is potentially going to break their output ring singnature encryption system
Then im gonna buy a lot
Edit: market is not its bottom…we sink more
it’s hard for me to say, but this is slow game over all crypto idea of decentralization system is over. Only few big miners group profits at the expense of small miners… squeezing them like a lemon… look at diff spike on others crypto networks. Look at new ASICs … 20kH/s 60W with all XMR alogs… may be some forks helps, but when ?
this situation is not healthy…
Do you have a link??
The x3 Antminer will supposedly do 220kh/s yes if the stats are true that is 100x greater then the rx Vega which is the current king on that algo. Only 550w.
Also what about the rumored F3 to mine ethereum? The zec devs are pretty confident(I hope) that zec can be ASIC resistant for now, but how long? People used to say eth was impossible to touch by ASIC. But is It? Anyways all boats are being brought down. For me it’s fine. I will by more zec in the 150 area and hold. Good luck guys.
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You think that’s funny assclown?
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this is not so funny, but looks like that is reality for now …
We are facing ATL seems like evetybody thinks crypto is dead and selling.
The disgusting cryptocurrency caterpillar is regurgitating the Bad actors into a chrysalis, I think can you see where I’m going with this
well …good news is we’ve moved-up 2 spots in the market cap rankings.
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It has now reached the Oct basing area of 198 to 227. Chart analysis his hard on a crypto and since almost everything is linked to btc, but a close below 200 could see 150 tested. The troubling thing from here is btc has held 8000 if it were to fall 25% to the Feb low of $6025 you can bet the alt coins will be down at least that much and more. So a 30% fall in zec from here would be $160 right in the area of the chart analysis. Funny I know.
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The next 30 days will be rough. I think markets will begin to turn around starting in May sometime all the way into summer.
ELSE
I was browsing the Wikipedia cryptocurrency list and kind speed reading through their descriptions and foud something kinda interesting (2 things actually, Zooko's triangle - Wikipedia)
Out of all of the ones they list (a few dozen), Zcash (and by comparison doesnt say much) is the ONLY one that says (even anything like this) "Wilcox has hosted virtual meetings with law enforcement agencies around the U.S. to explain these fundamentals and has gone on the record of saying that “they did not develop the currency to facilitate illegal activity”.
(Xrp and Neo mention coding thats supposed to lessen the risk of it, and a few state approved like Tron which might count i guess but not really)
I don’t know how important that is, but I think it could be very
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It’s still early to say, but zec could have bottomed. The Oct basing area of 198 to 227 was tested and held so far. And it is out of that area to the 240’s. If zec was alone and not like the rest and heavily tied to btc, it would be a good technical sign.
Holy snikes! Now that’s what I call a bounce! AL888 will need to be scraped off the pavement… ROFL
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Usually these spikes don’t end well, but… let’s see.
He’s the definition of troll… I don’t really understand why he’s a forum member here dosent really seem like he believes in zec very well…
https://mainichi.jp/english/articles/20180318/p2g/00m/0bu/007000c
If they are smart they will use zec shielded addresses
more bounces may continue with zec…it is the best privacy coin by a long shot and more are waking up to the fact. during these times of oppression from big government more and more people will strive to only use the most advanced cryptographic operations to secure their funds.
Biggest problem now for the Alt coins is their link to btc. There is starting to be some divergence on this little upswing and zec is positive. But everyone is converting to btc. I mean if I want to withdraw usd from hitbtc it’s a 50 dollar charge. But transferring out btc is much cheaper. Especially for smaller amounts. That is a big drawback to prices.
How do you think the price of zec would respond to being added to say coinbase for direct withdraw?
It would be interesting. Btc and eth still account for the bulk of ways to withdraw. That is a huge limiting factor.
I just believe once zec gains more fiat gateways the price will rise… That’s one issue I hate is having to exchange for BTC or ETH anytime I need to make a withdraw from my coins…
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I stated several days ago that we, and any alt-coin, needs to break the chains of BTC. Until then, we, and all alts, are at the mercy of BTC. Sure, periodically an alt will go higher or lower than the swing of BTC, but in the end, it will balance out. Usually takes news - positive or negative - to swing different than BTC.
Can we or any alt split from BTC? Only if we are that much better than BTC. Again, can we split from BTC? Not any time soon - sadly.
tell me about it here i can purchase zcash in ATM directly but to sell i need to change it to BTC or LTC what a meaningless struggle
Interesting is the blocks found in avg. 3 days by the MiningPoolHub and Nanopool. once the one is at average 70blocks in 3 days and the other one at 60blocks in 3 days and vice versa.
pretty-sure last time you said that zcash pumped to +$400
AL got suspended again😁
why ??? he just presented his view dont see anything toxic on it
I am concerned that this bounce happened to play out with a stock market sell off. Almost wonder if money moving out of stock market and into crypto. The fact that btc did not test or even come close to testing the Feb low of 6k is also of concern.
thx for the info
But this bann is BS. aggressive posts ? by what saying that it will go down to 50? like really
well then i say the coin will crash to 25 euros and go ahead and bann me as well crazy admins
All his recent panda pictures were too creepy, didnt take the edge off his own antagonism enough
ok then here is a picture
Zcash will hang on the 25€ LVL like this panda soon
prepared to kick off the pink support stool ?
The issue is AL888, though was missed, is his own worst enemy.
(Maybe) You were not here for the original ban, and his activity over the last 36 to 48 hours was resembling prior history that resulted in said ban.
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keep posting off topic pictures and you may get your wish.
off topic ? hello we are in price speculation the picture is about the price so wtf is off topic on it ?
Ties to Russia?
yeah it has been Putin by him self
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still dont see any replay from you why the picture about the price in price speculation should be off topic ?
Yep just like that! Seriously cute and you know it, you all worry too much and no amount of it will change what happens, it only clouds your vision
My thanks to the moderators for their effort in keeping this forum professional .
koso ,
do you really think that his posts contribute anything to the zcash price speculation forum ?
do you think hoooooo and hahahahahaha and DOWWWWWN and SHOOOOOOOOOOOORT is a normal adult professional way of talking in a forum that has members who have been obviously trading for more than his age ?
Do you believe that -and I am quoting him - "a 100% up move is a dead cats bounce " is any where close to any rational conversation between even idiots ?
One thing for sure if the quality of this forum posts equal to this lunatics posts , I will never even think of joining it .
so for the sake of Zcash and its Community , lets try to be positive regarding our moderators actions in keeping this forum professional so that we won’t be laughed at …
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so for the sake of community as you say you are OK with the despotic behavior of the admins that deny any diversity and when we talking about bans you do deserve one as well for offending others just because you dont like what they write
well keep hyping the mods and admins next time they can do ASICs mining for the “sake of community” as you say
I don’t want to get sucked into a conversation that is obviously not going any where .
I am a member in many other bigger more famous trading forums for decades , and he will get his ass kicked and email banned for life for posts like that in any of them . Pros don’t tolerate trolls.
ignorance and trolling is not diversity . its simply ignorance and trolling .
if any one have a bias or view or prediction no matter how bizarre it may sound is fine. as long as its presented in respectful non trolling manner .
and if I was a mod here I would have banned him for life long time ago .I don’t want to see crappy useless posts in my forum
its a repellent for any new potential member . specially the Pros ! .
I respect your view of advocating liberty and freedom of speech and opinion .
but I don’t see it that way . and I assume you do respect my view as well !
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We’ll back to more meaningful discussion like “price speculation”. I was just reading this post: https://www.investinblockchain.com/zcash-what-the-future-holds/
They mentioned a Zcash conference Zcon home - zcash foundation
It’s coming up in Montreal June 25-28. Anyone going to this? What goes on on there. Tickets are like $900 usd. Maybe they’ll accept ZEC…lol
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Thats a good article
Well I don’t know what the recent bottom was. Most of the big exchanges show it around the low 200 dollar area. I don’t consider some small exchanges that may have had some wacky trade levels. The only good news for now is that the 200 dollar area was some support
We don’t need anyone openly antagonizing anyone else or making obvious troll posts. Good riddance if you ask me.
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There has been a bit of afternoon retracement as us stock markets reversed some of their losses. I would think some of the cryptocurrency money back into stocks. We may see this up and down pattern for a few weeks if stocks are choppy
We just got Godwin’s Lawed, yall.
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I liked pandamans pics. They were often witty. Some people seem to take coin prices seriously.
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That’s not what happened here.
https://forum.zcashcommunity.com/faq#CoC
This is just plain old application of forum rules.
I think both sides of this have said enough on this diversion from the topic of the thread.
So back to speculation:
I think most retail investors consider crypto to be one of the most speculative and riskiest investment classes around. We have been seeing the risk tolerance and appetite for yield severely tempered the last few months. Market internals and sentiments are shifting. Underlying valuations on the market have been sky high for a long time. This could be the beginning of the drop for all equity markets. Crypto is probably a canary in the coal mine for the stock market just from the risk perspective. So I’d speculate that we are about to see everything crypto tank harder than it already did. When people see their portfolios shrinking they panic.
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Sad to see our Circus Panda gone But well, he is a circus panda to everyone who’s been hanging here for long enough, but everyone new to this place could be easily creeped out by his “analysis” and “predictions”.
Back to price speculation. I still can’t come up with any reasonable formula to define ZEC’s (or any other cryptos’, for that matter) present/future VALUE, not PRICE. Those two are not always necessary bind together by any reasonable correlation, but usually can’t exist one without another in a real world. So… I hope we will keep calm, wise and reasonable towards our speculations on PRICE
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well its just an observation of mine but after zcash crossed the 1M market cap the patterns it has been doing (1 and 5 min chart) changed and when we dropped below 1M it changed again
He was more on the money than most of us though. Although his predictions pass $800 before they go to $200.
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i think dbfusion question has been just answered with a big YES
friends, can you open a new threat for that topic? its pretty painful to read through, out of real topic posts. admins/mods decided to ban or timeout and the only thing we can do is accept it. Since I am on this forum I never saw a strange or senseless behavior from admins/mods.
just that, thank you!
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that is the real problem. shooting numbers. I prefer to shut up, when I don’t know things or better said, I have not enough experience to spam a threat and also thats why I ask to keep the main topic.
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Folks, lets keep the discussion on topic. If you have issues with moderation, please reach out to me privately or us (via @moderators).
As a reminder, we have forum guidelines which we ask all participants to adhere to: FAQ - Zcash Community Forum
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ahh proof read before you post please >.<
Also, who knows this may just be a bounce. Maybe its on its way back up…? A man can hope.
quick snippet and very important and often neglected by most beginners in trading, is understanding the probabilities of winning and losing streaks .
lets take for example a trader who has a 5% edge on the market , which will render him having a success rate of 55% and failure rate of 45% .
it is a decent edge of a successful trader , and if his risk/reward is 1:1 ratio , he will end up wining on the long run .
but in a 1000 trades what is the probability of him having 6 losing trades in a raw ?
surprise to many , the answer is 100%.
more over he will have 60% chance of getting 8 losing trades in a row . and 17% chance of getting 10 losing trades in a row .
but why would we want to know that ?
the answer is , to prepare proper money management and avoid the risk of ruin .
lets say he starts with 100k USD investment, and risking 10% on each trade .
we know for a fact he will certainly get 6 losing trades in a row . its just math . we just don’t know when . it can be from day one trading or any other day in between . we are just sure it will happen.
assuming the streak starts from day one . 100k becomes 90k after first trade .
90k becomes 81k , after second .
then 72.9 then 65k then 58.5k then 52.61k .
so we are certain that he will lose almost 50% of his money at any given time if he is risking 10% on his trades. Which will make him obliged to make a 100% profit on whatever remaining investments he has just to break even to the point he started trading .
and to make matters worse he has 60% chance of losing 8 in a row which will leave him at 42.6 k .
and 17% chance of losing 10 in a row turning his 100k investment to mere 34.5k . almost 70% loss , that requires him to make almost 300% profit on that remaining money just to break even and go to the point he started !
this is an undisputed proof that not only trading skills are important to succeed in trading " and trust me 5% edge is hard to get " .
I hope this post was some how informative to anyone .
now to which post do you replay …a little bit confused now XD …
anything is possible with the right mind set and tons of fiat …
There is a flaw in you argument. It seems that you are saying that the person loses the 10% on each trade. Are you assuming that the person invests the whole amount of funds and gets stopped out at exactly 10% loss? That example is not too valuable. What if the person cuts their loss to a max of 2% per trade? And on the other side sells with a 5% gain?
I appreciate your reply Daniel .
there is no flaw in the post in its math or conclusion .
the point of the post is show that the edge alone is not the only factor in trading , and it demonstrates that risk/reward ( which is assumed on the post 1:1 ) and the amount being risked in trade ( the assumed 10%)
is as important as trading skills . and ignoring them and focusing only on the edge will certainly lead to the risk of ruin .
what you said actually emphasis my point . which is the need to have proper money management ( the risk taken ) and to have better risk/reward .
there is no contradiction here .
About the Germany post… Never mind its fine lol.
There is a lot of green on coin market cap but they are a lot lower percentages compared to yesterday. It is good to see the market recover some. Even if we dip in the red some its still a good recovery from the 200 buck price point. That was a good opportunity to buy!.. that I missed…
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Ok. Well your assumption is that a person would lose 10% on each trade they do consecutively. This rarely matches human behaviour. People are generally emotional in their trading and rarely have such rigged or fixed loss thresholds(or gain thresholds for that matter)
I have seen before my eye beginner losing 80% in three trades . and other 100% in 6 trades .
97% of traders lose . that’s a well known fact
what I said was an example . to explain the risk of consecutive loss ( losing streak ) and how any beginner can still lose even if he has an edge .
please correct the “example” in the way you see it more correct that reflects this idea .
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i can just confirm that i saw this as well in my neighborhood …just happy it isnt my case
hey all just in case you missed it
few more news like this and we could see and brakeout
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what is going on???
Flypool was at 310 Avg.3d a couple of hours ago, and Naopool at approx. 55 avg. 3d
Thats what ive been asking myself for awhile now… flypools pool hashrate has been the highest ive ever seen it lately…
yes since a long time now, but were are all the other amount of blocks which were found by flypool until now?
hmmm that is a good question… I know my payouts from flypool have decreased quite a bit but i know price of zcash also influences that as well…
miningpoolhub is more than nanopool 62 blocks
I was just looking through the last blocks captured and found that someone was pointing 38Mh/s at the pool. Somebody knows something that we don’t. Most miners generally jump ship when a coin drops to where mining is not profitable.
My thought is that whoever is accumulating ZEC knows that the there is going to be a price spike in the near future. Flypool is also the hottest pool to mine on at the moment.
It also could be that someone is purchasing big blocks of time on Nicehash and pointing them at the pool.
A price increase between now and the end of June could be what’s fueling this.
judging by the numbers it almost seems that flypool has more than 50% of the total hasrate
if its the case its creating a dangerous situation for Zcash
Edit: yeah flypool has more than 50% of hasrate 301Mh/s of total 518 MH/s this isnt good unplaned chain splitt can occur.
also its giving flypool the possibility to negotiate some “special treatment” under the threat of the split
Excuse me if this is a “noob” question but why did that create a dangerous situation? Is it bad for one pool to have most of the hash rate?
they didnt created it but miners did by not splitting the hashrate on other pools … by heaving more than 50% of the total hashrate they can also force a chain splitt if they want to after chain splitt the correct chain needs to be determined other pools/miners mining the wrong chain will lose mined zcash…this happend on BTG in the begining supernova had 80% of the total hasrate that resulted into unplanned chain splitt after determining the correct chain (in most cases it the one with the biggest hasrate) 2 days of mining on other pools turned to nothing since the rewards came from wrong chains arent accepted
coins mined before the chain splitt should be save
BTW: the reason why it took 2 days was that supernova didnt show (and stil isnt showing) the correct pool hasrate so nobody knew what really happend
712.25 Mh/s current network hashrate. Up 30+% day over day
Where the hell did this come from??? It’s never been this high. I don’t track the ethereum network… has it dropped significantly?
here are the sources
i checking the global hasrate on
from where did you get the 712Mh/s?
and the flaypool hasrate from their dashboard since i checked it during my post it already dropped a little bit to 275MH/s
and no ETH hasrate did not drop maybee some miners get their hands on the new GPUs who knows ??? but if you aim towards suspicion about letting ASICs in the game i have to disappoint you the hashrate would spike like hell if this would be the case…but yeah back to the topic of price speculation
Edit: i deleted the pictures i think they are obsolete since the link is there as well
For mining speculation please consider posting here:
FYI flypool has more than 50% for many month now, nothing new but for sure something to work on in the near future…
Price speculation:
I’m pretty sure a lot of good news is being “kept away” till market stabilizes, I’m confident that once some solid positive news comes out pretty much all valid alt coin will follow…
ZEC @ 500 for april first
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Hopefully Bittrex delisting the junk is preparation for that USD business 
Still, Wilcox concluded that zcash is in the race:
"We're researching to see if using zk-proofs can make a fully scalable blockchain."
And while this Edward Snowden has a dubious reputation, at least this is a “celebrity endorsement” of sorts:
Talking of his own personal preference in terms of cryptocurrencies, Snowden said:
"When we talk about which cryptocurrencies are interesting to me, I've said it before and I'll say it again, zcash for me is the most interesting right now, because the privacy properties of it are truly unique, but we see more and more projects that are trying to emulate this and I think this is a positive thing."
Source:
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That first article is pretty good
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Not directly mentioned but if you remember…
(If you don’t remember shame on you, if you never heard, the zcash team helped JPMorgan Implement zk-snarks onto Quorum)
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this will be interesting to watch
https://www.bloomberg.com/news/articles/2018-02-09/how-china-will-shake-up-the-oil-futures-market-quicktake-q-a
Like the last, this only barely qualifies (though it does mention Zcash) and is basically a reiteration of an earlier post
This actually addresses Mr.Snowden and why people listen to him. Supposedly he blew the whistle on the NSA and their data collection methods. In actuality, that information was publicly know (I watched it) via public television broadcast (ya know, PBS) in May 2007. Then in May 2013, committed treason for, what we can only assume, the exploitation of people’s ignorance and apparently continues to do so.
I searched my old Facebook posts (dont use it anymore) for a little proof
Also this
Hey @acityinohio, how about the foundation grant to PBS?! (I took care of it)
Check out new exchange. Site is starting with BTC ETH BCH XRP ZEC DASH direct fiat deposit.
Zcash just announced yesterday that they hired a director of marketing. Hopefully they can now get the word out there and grow the coin.
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Is there a link for this? Thanks for the report!
It’s listed under blogs on the zcash website. You have to scroll past all the engineers that they hired, but it’s there.
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Dev update post yesterday
ughhh…I really want you to be wrong regarding btc end of year. Right now, every model I’ve seen suggests that you are spot on, most tending toward the 17k side. sigh Really think we have a few hurdles coming due to facebook’s f**k up. Not that I expected better of zuckerburg, but crypto is an easy target for politicians who are trying to not talk about other DC issues, and facebook just painted a giant target on cybersecurity and monetary exchanges. Don’t think we are out of the woods yet with the Senate/SEC regs. I’m not yet convinced we are diving to 6k, but it looks like a hard slog back to 12k.
Regarding alt-coins, based on recent trends (at least until BTC goes to bulls again), it looks like everything is following BTC’s flux. I’ve noticed a few times when zcash hasn’t which was interesting. I’m rambling…to sum up, I’m really skeptical about the alt coin explosion - (1) I think ICO’s may have brought down the roof on our heads for the time being. That is, they were inevitably volatile and so many go straight to 0, they were an easy target for regulations. It seems like most of the dips have followed ICO regulations around the globe. So, thanks to everyone including Venezuela for the market decline. (2) it seems like most are completely unnecessary and without a point unless they offer better speed or privacy (or both).
Thoughts?
imo, people need to learn the difference between cryptocurrency, and corporate equity in tokenized form… ICO’s are probably the future. they’re an effective way for companies to raise funds. also, might-be the most efficient way to scam people in history. imo, govs will regulate these markets, but won’t kill-them-off.
most cryptocurrencies are just a way to make money, and serve no purpose outside of pump&dumps. question people need to ask themselves: does this alt do something bitcoin can’t, or won’t do? honest answer will most likely be no.
(not sure if i’ve answered your specific questions)
If I was Bitmain or some other big mining farms, I would push the price down as low as possible and ramp up the network hashrate as much as possible. It would cause the most pain on small gpu miners. Pushing them to stop mining and start selling gpus.
Interesting.
Edit- remember when I posted that wiki “not for illegal purposes” thing? @phakov the privacy is what saves it
Edit- its been a long week, im sorry if nothing I say makes sense
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ICOs should be regulated as they are compared to an IPO. Cryptocurrency should be treated as legal tender or a commodity. I would compare them to the likes of precious metals as they have purpose such as gold, silver or copper.
The problem is most of the garbage coins are like mining for fools gold. A ton of it out there, but worthless in the end.
To do a comparison I can see ZCash right now as being like silver. Has a purpose, but the value fluctuates rapidly.
Right now is a great time to invest. I can see the price start to rise after Overwinter is released in June.
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Market is bleeding again, it has been red month for Zec and all cryptos, maybe aprill bring some green like grass on spring😎
It’s typical of this government to pack laws with all sorts of “last minute” provisions which only serve to subjugate the people to the will of the tyrants. It’s always with the purpose of “protection”, but its real purpose is control, control, control.
Encrypt. Encrypt. Encrypt. Go Dark.
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Just added another couple zec. Hoping for a double bottom in the 200 to 220 area
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A shitcoin called Verge which is marketing itself as a “privacy coin”, although it’s just a scam with fake privacy to fool “Investors” is overtaking Zcash market cap. What the heck is wrong with this market?
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The link for the new hires including a marketing director.
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Who woke the bears from hibernation? Somebody release the bulls from barns…
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Stock market in the US tanked again today. Could see a temporary bump into crypto as money is moved around chasing the hottest thing
No bulls in sight for the crypt0 market for at least the next 30-60 days. Things will get rough until then…strap in folks. Things will begin to turn around some time in May.
Great Read: 4th Dimension: Bitcoin-Manipulation-Cartel — Price-Suppression is the Goal | by Super Crypto | Medium
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I think it will happen sooner
Adding BTC futures on the CME was never going to be good. I was concerned that it would drag the value way down. That drags down the price of every other crypto as well.
Since it really makes no sense to get into mining ZEC at this point due to stupidly high GPU prices and an even stupidly higher difficulty level, buy it directly if you have the cash. We may not have reached the bottom, however, so be prepared to be patient and HOLD/HODL for the long term.
While I’m bullish for the long term, I’m just gonna leave this one here just for old time’s sake…
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You guys give too much credit for CME Bitcoin futures. Its volume is super low compared to existing spot exchanges. This means nobody is going to manipulate spot market to make profits from CME futures, it doesn’t make sense.
Despite still holding hundreds of BTC, I believe we’re at beginning of new long term bear market. 2018 is going to repeat 2014. Capitulation and despair likely to happen in late 2018 or early 2019. This is market cycles.
Unfortunately ZEC will also be affected by this bear market. Even more worrying, mining inflation is still high. At the moment, there are only 3.6 million ZEC mined. In next 2.5 years, until first halvening, there will be 10.5 million coins in circulation. Massive inflation + incoming bear market will be brutal for ZEC. The tech is interesting, I definitely will look into accumulating within 2-3 years.
They need to flush out all the small miners. I think that is a plan of the big guys. Maybe it helps nvidia as well if you need to buy a new ddr6 20xx series card just to compete.
CME uses paper contacts to manipulate. Exchanges are also speculated to use similar tactics. Look what happened when China clamped down on BTC exchanges, all the fake volume went poof. New tether is created at a whim. All the tools for cartel manipulation are present.
Not too far from AL prediction 150usd
I think 150 may be hit if you look at the long term chart and if btc gets to 6k. It’s funny how quiet it gets during these times. Lots of people on other forums saying they will try to sell their rigs.
Yes, he was banned but interestingly his prediction was the most accurate.
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fair comment: Ok, here’s what you recommended us to do: 1) sell the rallies, 2) much bigger dips will come (you… | by Hoàng Phú Quý | Medium
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New here, but I believe 100% in the article. It is exactly why I have invested in crypto in both exchanges and now mining rigs. Not sure if this means anything, but I actually run a US agricultural cartel. Don’t worry we are not part of the cartels mentioned nor do we have an evil agenda. I wanted to point out that I do watch the markets closely and I support crypto for the reasons below.
The article is right in that the banking cartel is threatened by crypto. Why? Because they cannot control and manipulate the money supply through printing money, raising/lowering interest rates and exchange rates. Most of this goes over people’s heads, but here is a simple way to look at it and the corruption will become very visible.
Think of the US Dollar as a share of stock representing ownership of the USA. One dollar represents a small share of all of the goods, services, and assets in the land. When you have a dollar in your pocket you control a small part of the economy. It is very similar to owning stock in a company, but when a company decides to split their stock (the equivalent of printing new money), you then are issued new stock to compensate for it the split. If it is a 2:1 split then you now have twice the stock worth half as much as before, but with the same total value. BUT when the US Government (via the central banking cartels) prints more money, they water down your ownership of the economy. You are not issued more dollars to compensate for the loss of buying power. This is a hidden tax on everyone. Crypto cannot do this as the total supply is always fixed.
Also, there is something called the multiplier effect of money and it is reduced heavily when the money is taxed away via interest rates. Think of our money supply as a fish tank with a big leak in the bottom and water being poured in from the top. This system makes the fish have to swim very fast to keep from being sucked out of the hole at the bottom while the viscosity of the water they are swimming in becomes more and more like air making each stroke of the fins to return less and less thrust. Crypto is a tank with a fixed amount of water to swim in creating a safe and easy place to conduct business. Each time I spend crypo it is not taxed away or drained from the tank. The crypto can be spent indefinitely without it leaking out in the form of interest and taxes. ok, stepping down from my soap box.
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maybe we have bottomed? no one knows for sure but according to volume profiling, lots of accumulation at these levels.
With bitcoin transaction fees in the $30 range at one point, I disagree on the “leaking out” part. There were large frictional costs to using it. Exchanges all take a tax (fee %).And until max supply is reached we are all having our holdings inflated away. It isn’t a utopia.
Alphaminer’s illustration is useful. Fiat money is nothing more than an instrument used to strip people of their wealth over their lifetimes.
However, the wild - VERY wild - swings in prices make using crypto as a means of exchanging goods/services essentially useless. It’s nothing more than a speculative investment at best. Moreover, no one in the right mind would take crypto due to the fact that it can be worth 20% less in the morning. Until the violent volatility in value settles, these price swings will inhibit use. Crypto is leaking too…the value of it by the minute.
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This ‘could be’ short/mid term bottom. But in long term, bear market is likely to extend at least to next year. At the moment we’re due for another disbelief rally, before whole market enter a slow bleed phase. BTC bottom could be anywhere between 2-5k, and for ZEC <$50 is possible.
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Yes, but what I am saying is cryptos are closed loops whereas fiat is not. Even with the taxation of the exchanges and the transaction fees, the crypto is not destroyed paying off unsustainable debt. More on that below… The exchanges must sell the skimmed fees (tax) back into the loop to profit from it. Again, only x amount of crypto is created therefore it is a closed loop. Also, the transaction fees for any cryptos did not face the same issues as bitcoin. When Bitcoin fees were $30, ethereum fees were under $0.10/transaction. Lictecoine was maybe $0.15 regardless if you were moving $5 or $5 million. Not bad… And I could be wrong, but those fees go back into the systems paying the miners no? If not the miners then I am curious where they go and what causes them to fluctuate.
The reason fiat is not a closed loop system is how money is created. This is true for all countries with a central bank under the BIS network. When a country needs currency they borrow it from the central bank. To do this they create debt. In the USA it is call T Bills or fancy pieces of paper with numerical values on them. The government then ships the T Bills to the central bank where they store them somewhere and then in exchange print more fancy pieces of paper with corresponding values on them. Whalla! Money has been created out of debt. But here is the kicker - because the central bank charges interest on the borrowed money, there is always more owed then there is to pay it back. For example, the government borrows $1 million and the central bank loads it to them for 0.5% interest. On day one the government owes $1 million + $50k interest, but there is only $1 million in circulation to pay back the loan. Where does the other $50k come from? Believe it or not, the government then has to borrow the $50k + interest to pay back the first loan in full. But this doesn’t help because now a new loan is created and there will ALWAYS be less circulating then there is owed in debt. It creates a mathematical cycle which can never be paid back. The only way to keep the system going is to continually borrow more and more money to keep the “water flowing through the fish tank”. This is why the debt ceiling must be raised over and over. Eventually, the Ponzi scheme falls apart.
With crypto it is a closed loop because the currency is not being destroyed paying off unpayable debt via taxes, and more cannot be created. This means the value must go up with the value of the total economy (actual goods and services created by people).
However, it is speculative right now because I cannot walk into Walmart and buy a loaf of bread with ethereum. IMO, it is a matter of time someone breaks ranks and starts accepting crypto as a currency. It would likely be a digital service at first because if the market swings it is not like you lost a bunch of money due to manufacturing costs. It would need to be a big company like amazon although amazon is likely part of the cartel. I am in the international trade and a buyer in Haiti asked me if I would take bitcoin and I laughed saying that within an hour of payment I might be rich or broke. He didn’t laugh.
I would accept crypto for international trade if the market was more stable and there was little risk for my members. However, countries with currency issues are already using crypto and it will grow from there. Just look at the number of transactions on the networks now and for how much is being transacted. Remember: 100% of all fiat currencies die because they are mathematically designed to do so. When they die a new currency has to be created to replace the old one. Crypto is already in place to be that new currency and one without outside manipulation. I can go on and on on this topic.
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Well if that happens there won’t be many people mining and the networks may unravel. It’s possible there could be some 51% attacks at that point.
Price doesn’t matter for 51% attack. Flypool has been maintaining >50% hash rate since eternity. I don’t think this community care about mining decentralization, which is sad. Miners are greedy and stupid, they just totally ignore security of network. POW provide better security than POS by design, but I started thinking seriously about POS now, it could totally be future.
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Most of the network hashrate is controlled by just a handful miners, who, yes, probably dont really care
You’re right that most cryptos have a fixed inflation ( emission rate) and an end date to it. But we early adopters are still experiencing that very strongly right now. Most every crypto that is PoW is this way.
Well it doesn’t seem that the founders care about decentralization. That sets the tone for the community. If someone would develop a P2P mining system and the founders stress decentralization I imagine it would take off. A lower price makes it easier for an attack to be pulled off especially by bad actors as they need less hash power to make it happen. Flypool is making so much money that they don’t have any incentive to perform a 51% attack.
Ultimately it is the standard of living that is important. Japan has almost ten times debt to GDP of Uganda but where would you rather like to live/work?
I think the underlying issue with FIAT is that it’s just an illusion. It’s not a system that’s purely designed to fail from the start based on the math, although the odds of it truly succeeding are slim, if run perfectly well, I’m pretty sure it would work (but that’s unrealistic, and yet to be seen in my opinion). With your 1M example, the money comes back in via taxes, or loaning that money back out at a higher interest rate (same reason businesses with cash take loans, they know they can make more with the money than it costs them to borrow it). I 100% agree that the cardhouse will come tumbling down, but I think we are a ways from that happening (anyone’s guess, but mine is 10 years at the earliest, since a huge number of people blindly follow those in power). I personally think that might end up being a good thing as well, since it will give crypto a chance to be truly scalable enough to support the full economy.
During peak transaction fee times, ethereum was in the dollars range as well (due to scalability issues), where Litecoin and Zcash stayed fast and cheap. (You could have paid a small fee, but it would have been days before your ETH transaction was processed)
In all honesty, aside from the fact mining profits have dipped a ton, I’m welcoming the dip. A lot of the coins I like are finally starting to reach price points where I’ll definitely be trying to buy again (last time I actually bought Zcash was at $40 something, and bitcoin was around 1000).
I wouldn’t be surprised to see some of the coins continue to fall for a while, but I’m doubting that we will see prices as low as this time last year again, too many additional people in the crypto space for that to happen (without massive price supression).
just take the huge gold quarries. what people need to do to be able to get gold. huge holes are made and to transport the gold out of those quarries they use 2 floor house high trucks(not only one), which are swallowing 480L/h all day long. can someone estemate how much mining with rigs polluts and how much one of those trucks is polluting? I guess not…
we will see soon how the monero price overcomes zcash … will it happen in few hours… max days
I doubt that will ever happen
It is just matter of time before Monero taking over Zcash price. Monero had its first 3-4 years with very high inflation. Now Monero starts to enjoy low inflation, mean while for Zcash this number is still super high.
disagree… four months into 2018, and zcash still hasn’t had any news. when you think about it, zcash hasn’t really had any large announcements in it’s lifetime. when we do start getting some news/announcements; things will change very fast.
anybody selling at these levels will hate themselves by year’s end.
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Zcash has “news” and “announcements” quite frequently. In fact this is one of most hyped crypto. You think JP Morgan Chase “news” wasn’t big enough?
News can only pump or dump price in short terms. In long terms, inflation rate is most influencing factor. You might want to take a look at Bitcoin all time chart. It isn’t a coincidence that each “halvening” event always trigger new long term bull trend.
j.p. morgan news means nothing for zcash network
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It doesn’t, but the hype it brought was massive. Price doubled within a day.
when we get some real announcements zcash will moon like no other. we hit +$900 on 0 news… we’re in 3rd wave accumulation…
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What kind of news you’re dreaming of?
Once again, news can only affect price for short terms. In long term inflation dominates. For example, the only reason Dash can maintain such stupidly high price, despite shitty tech, is super low inflation rate.
Those are exactly short term news I was talking about.
most things listed increases velocity.
Now you seems to be confused. Don’t you believe Monero will overtake Zcash price because Zcash will get news but Monero won’t? What make you think Zcash is only currency getting “news” but others won’t?
That will happen, by same reason Dash has been higher valued than Monero despite inferior tech: Dash has ridiculously low inflation thanks to its insta-mine algorithm.
please don’t start that “you seem confused” shit with me. you’re lucky i’m taking any of my time to speak with you. zcash hasn’t had any news yet. that’s my point.
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No you’re the one wasting my time by using short-term factors (news) to argue against long-term factor (inflation rate).
even with the emission schedule, and no news, ZEC still beats XMR on daily volume (on most days), and exchange rate. we we get some news zcash goes beastmode. you either participate or you don’t …good luck!
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And again what make you think Monero won’t get some news of its own? Upcoming hard fork upgrade, Ledger integration (Zcash already did so it’s time for other), and more importantly MoneroV split in late April will drive up the price considerably.
I’m not trash posting about Zcash, it is best privacy coin. But inflation doesn;t look right at the moment.
i don’t like the emission schedule either, but the market seems to be handling it. side note: (last time i checked) our current volume is almost double that of XMR. we’re no different than all other alt networks though… we need a steady stream of news/announcements <—that will happen.
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And Dash has volume of Zcash and Monero combined. Your argument is once again pointless.
What kind of news you are talking about? news is report an event and this event can effect price short term OR long term. I think this is simple, a news about a bug in zcash can effect price short term and a news about national Banning zcash can effect price long term.
You are right … and why such curency has not official windows gui wallet and payments processors etc … its hard to say for me, because i was big fan of zcash technology, but now i think that zcash was a big testnet and blockchain demostration for corporate aplications of zcash company …
PS: and do not forget that 25 per cent of mined coins are going directly to owners …
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at some point soon, i’d imagine people that bought ZEC +$400 will start defending their positions by averaging down.
20% over a 4 years period.
I bought around $400 and I’ll buy more around $150 and even more if we go around $50. I did same with bitcoin in $400 and $150. Don’t worry dude “zcash will go moon”, write it down.
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i’m not panicking! we’ve been here before!
This time needs these inspiring words
never trade against market direction … this is basic rule of trading :slight smile:
Thanks for your recommendation, but I’m not trader.
exactly my thoughts!
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https://forum.zcashcommunity.com/t/withdrawn-posting-number-9/14463/15?u=kek
don’t lose your vision. just need to be patient… it’s a cycle.
there’s a pattern here, and i’m thinking this is the sneakiest way i’ve ever anybody accumulate. our low USD volume allows them to tick-down our market to lower USD rates, and accumulate quietly via BTC. really lucky i wouldn’t want to harm ZEC in any-way, because i could “r-word” ZEC markets at will, because USD is sidelined.
if a random idiot like myself could do this, could only imagine what professionals are capable of. it is easter sunday, tho… that might be a bit of a factor with today’s weakness. whatever, hope y’all enjoy the rest of the weekend!
one more thing, i’m in the mood to speculate… zcash price @ halving ~ $5,000 per.
couple years from now, i’ll repost this for a quick humblebrag.
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pull up an ZEC/ETH a year of consolidation. someone or a group of someone’s are definitely accumulating a very large position(s). I don’t see ZEC ever falling below 130 ever. A thought on inflation…what happens when just 2% of swiss bank accounts start utilizing ZEC as a boardless tax free haven? Does inflation actually matter if the available supply is being devoured by the worlds richest?
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Also i agree, theres been practically zero news. if you’re counting coindesk…they’re vested in ZEC. so they dont count. 0 news. it just hangs out in 25th rankingland totally unassuming and quiet…being accumulated.
There’s news, dev update recently, zooko in india video
Its here somewhere
This may be a different link and video but I pretty sure it’s the same lecture, I like the turban!
Why is every frikkin’ zcash presentation with terrible audio? It’s unwatchable.
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I have also placed a link to the one above with better audio quality!
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Thank you for posting that I wasn’t able to watch it before earlier, that’s a pretty good video
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thank you soooo much mate!
no worries brother, enjoy!
I am seeing a lot of the same market internals that i saw 2 years ago during ETH’s initial run up to its first ATH(0.01 - 0.04 btc Return of the ETH Bull Run for POLONIEX:ETHBTC by aeonglacial — TradingView)
Right, I agree.
Hi and welcome back.
Nice to see your opinion here again.
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this dude is mad funny.
Statistically he is the one that got closer on price speculation 
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A broken clock…and all that.
Its a violation of the code of conduct and im not gonna flag it because he made an example of himself
@AL888 a dinner with me? Kappa
this is sad if true.
@Uche32 Sure , When ?
*looking for soulmate
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lol you changed your profile pic for that question?
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So AL what is your newest prediction?
Don’t know about him. But if BTC goes down to around 5k. Then zec will be between 110 and 120
Seems like market is just draining…
People have to pay their taxes. I’m betting (hoping/speculating) on a bit of a rise after U.S. tax season completes.
He’s such a wonderful troller.
I hope every crypto community has someone special as him trolling along…
Maaaaan, I love @AL888
Much love. Now enlighten us when it’s the right time to short again
In that case you would hopefully have better things to do with your time than trolling on internet forum.
-
some one has breaking my routers, flooding my mining rigs server.
-
All my rig shutdown almost 1 week
-
windows corrupt.
-
setup again
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And @daira warn me not to short ZEC Again hmm…
Better I’m Stay away.
Better I’m play with nong poy
was shiresoaps the news or the other one?
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soap for zcash was interesting enough for me to keep in the SS (SUPPORT OUR MERCHANTS FOR GREAT SUCCESS)! other one, honestly, could be nothing; could be something.
definitely keeping a close eye on it; people that openly support ZEC just received a boatload of cash to invest in the space.
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Zcash shall rise again
Heres some info about airtm.io
How AirTM calculates the USD — VEF exchange rate | by Airtm | AirTM | Medium
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A litte green in spring
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ZEC seems more lively than this chat. Only up 13%… A penny for your thoughts?
Looks like a whale bought a lot of BTC while it was down, which brought up the price of BTC. Since all coins still live or die on how BTC does, most everything went up across the board.
Was it Soros?
212 on krapen r/n…this green is a welcome sight!
@daira said dont short…
I said , wait for FundManager Cover Short or wait Break MA200… LongTerm investor Jump in again…
Still Downtrend…
Residen Evil
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Not if you’re buying.
you still haven’t posted a legit chart. hope you’re short!
Are you referring to this article on how BTC is only going to be temporarily bullish or so they say?
I think that is a more accurate representation of what you are talking about.
RIP ^.^ makes me extra happy you’re short
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those short liquidations of yesterday <3
More airtm.io stuff
A BTC-ZEC guide for getting in to, and getting out of cryptocurrency. | by Josh Kliot | AirTM | Medium
It’s good to see two days of green…we’ve been bleeding badly since the Thursday before Christmas Day last year
My strategy is mine…hodl/hold…wait…profit!
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Not sure how long this ZEC strength will last. This time I’ll be ready to rotate into other cryptos when the momentum fades.
Same song and dance like before. Maybe this time will be different🤨
I didn’t know that’s what that was actually called, i just thought you didnt like cats, its origins are pretty morbid too, very Friday the 13th-ish
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The Powers of Tau is important since it will render any claim that ZCash is not trust-less moot.
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AL888 got himself banned again, this time for “use of sexualized language or imagery” which is explicitly against the Code of Conduct.
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as is tradition 
you were wrong, sorry
no need to apologize. this is called “the speculation thread” for a reason. you’re correct, our emission schedule might make that difficult to achieve. i’ve made some decent calls too. we have hit a +$1 billion market cap. only incorrect about rankings (as-of-now). you have different thoughts; feel free to post your own speculation content.
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I’m not a trader, I’m a speculator. I buy as cheap as possible the best possible project that is going to turn into daily money for anyone in the world. If ZEC can have a solid fundamentals (which is the case) and is smart enough to not lose the huge opportunity cost of early adoption: 20,000$ by 2023.
If my predictions are right and ZEC is one of the projects that is here to stay, the price will be bigger that you can even dream… But let me tel you, I suck at predicting prices.
Privacy is huge but adoption must happen and cannot be understimated ( see my post ZCash adoption NOW ).
worrying our volume is slipping like it is… under $50 million volume is illiquid. last time i checked ZEC isn’t even making it into top 25 in volume. there’s real stinkers out there doing double/triple our volume. we seem to be moving backwards… this is a real problem…
side note - this popped-up on one of my feeds, and thought it was funny… i know this feel, man
can have hundreds of top scientists and developers working on your project, but won’t matter if traders won’t trade in your market. huge problem here.
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post received 6 RTs, and 125 hearts
could this be the first step of zec getting added to coinbase?
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I like how " I’m the new coinbase CTO" is “second”
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only thing that could possibly hold us back is privacy protection… might not be a too big of a deal since gdax users are already KYC approved, and kraken hasn’t been openly targeted by any US agencies specifically over ZEC/USD trading. imo, this is why zooko seems so hostile to DNMs. should add, zooko’s hostility, and XMR FUD has kept ZEC off DNMs. this should look good to coinbase compliance.
(side note: imo, other main contender was XRP, but ripple might’ve screwed-up by attempting to pay coinbase for a listing.)
It could be that they’re just waiting for sapling to happen.
So many signals on this (:
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can only guess. they’re treating the process like a top secret project. think coinbase was embarrassed by the “insider trading” accusations when they added BCH. imo, if they did add ZEC; would be disrespectful to their customers to not allow investment before major upgrades. oh well, can only pick-up crumbs, and speculate on the big picture.
what i can say: gdax framework that a zcash foundation member had imput on looks tailor-made for zcash. zcash also has support from major investors, and high level executives @ coinbase.
if i was a trader that didn’t care about ZEC at all; would have no problem taking a gamble on ZEC gdax addition.
looks-like verge is now accepted on Pornhub accepts Crypto
up 24% on this announcement.
whilst i’m a little bummed about ZEC missing out on pornhub (would’ve been perfect for ZEC) randomly saw this:
https://cryptobeatz.net these guys accept zcash for their service
Until they make a simple way for joe and susie to go to their local walmart or corner store and buy ANY cryptocoin it’s all hype. IS pornhub going to setup a way for their users to easily buy Verge? OR is it $$ to coinbase to convert then to an exchange that has verge then convert it to verge to then send to pornhub so they can enjoy quality family time?
I’m going to give someone a millionaire Idea, make a cryptocoin gift card. You can go to walmart, walgreens, 7-11, etc and buy (insert currency) gift card. Go to your company website, they enter in the card number, BAM instant fiat into their account to convert to a cryptocoin.
It’s not the same as using a credit card, because the fiat is already secure and in your bank.
and I agree kek, Zcash did miss out, because its true the porn industry does seem to lead the way. VHS to DVD to online to VR. You think the high speed internet you have at your home would have happened if not for porn? For those of you who don’t know, get a history lesson as to how and why AOL was created!
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didn’t want to say anything, but i bought another crab, and the crab died (they don’t last long). strange thing is, the moment i bought the crab, ZEC market rallied… market really took a nose dive after the crab died. both market cycles correlated with the crab life cycle. don’t want to seem too superstitious, but there might be something to this. i’m going to buy more crabs, and see if that helps zcash rally.
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can i get in on the crab pump and dump scheme? you can tell the pro(R) insiders an hour before you buy the crabs and standard tier subscribers five minutes before.
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I guess it’s only weird if it doesn’t work! Lol
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I like this trend…I hope it keeps going this way:
https://bitinfocharts.com/comparison/difficulty-price-zec.html#3m
The barriers to mass crypto/ZCash adoption are significant:
1 - There are no mobile wallets with Z-addresses that any Soccer Mom can just install and use right now;
2 - There are few fiat-to-crypto-to-fiat gateways, all of which have lengthy KYC.AML requirements, which take days to complete;
3 - You can’t just buy crypto with a major credit card easily;
4 - Crypto has a stigma to it in the eyes of the general public that the sheep think it’s a “Ponzi Scheme”, “Based on nothing”.
5 - Government is essentially antagonistic to it in general, especially anything that has the privacy of ZCash;
6 - Worst of all, wild price fluctuations, while fun for traders, scare away any would be users as an exchange of value, and this affects both buyers and sellers of goods and services.
Until these issues can be remedied, crypto money isn’t going to replace fiat currency.
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point 1 is really dangerous one for a serious cryptocurrency. ppl just can’t use safely their mobile phones.
I can walk into any store right now and pay with Bitcoin if I choose to do so. I plan on paying my electric bill with Bitcoin this month. I use the Shift Card that is linked to my Coinbase account. It is issued by Metropolitan Commercial Bank in New York. The problem is that I can’t seem to get it to work with any of the other cryptocurrencies listed on Coinbase.
This would be the way that the average joe could use crypto to buy goods and services.
why would they make both lines on the chart blue!?
buying items / services with cryptocoins isn’t that difficult. I go to websites that take (BTC) and purchase that way. or purchase gift cards with (btc) and use the gift cards like its free candy!
I also hear (wink) there is another visa with a different company that will let you convert btc AND/or BCH to fiat that someone could use to do terminal purchase as well as ATM withdrawal.
The difficulty for anyone new or who doesn’t do this every day is actually purchasing ANY cryptocoin. There isn’t a easy convenient way that does not take hours/days.
Not Zcash but neat, NASA’s A.i. ghostship
And if you ever Macross Plus the Movie, then youre a nerd too!
Regarding ZEC on GDAX. I’m pretty sure Coinbase made a pretty firm statement within the last three months that they would not be adding ANY anonymous or even semi-anonymous cryptocurrencies to any of their services.
Since they are expanding into other financial services I can totally see why as they now have to deal a lot more with the SEC and other federal agencies. All of which get real itchy when you mention anything that even remotely hints at laundering capabilities. This is why you don’t see ANY real world fiat exchanges dealing with ZEC (or any other anonymous coins) and I wouldn’t bet on seeing any such adoption in the near future (next five years). Federal financial regulation (across the globe) will likely look very different before that happens.
Maybe somewhere like Malta in a couple years?
- kraken is a legit US regulated exchange, and hasn’t been publicly harassed.
- zcash doesn’t have a history of being used for anything “illegal”. unsure you can even gamble anywhere with ZEC.
- in a way, US tax payers helped fund development of zerocash protocol (DARPA, etc). that fact should hold some weight.
this is all speculation on my part… but i’ve never seen coinbase state that they wouldn’t list specific currency types. (not saying you’re wrong) do you have any examples?
I would have to find the article, but they did state they were holding of on adding new currencies. They don’t want those to become securities retroactively and then have to delist them.
Is anyone else having login issues with Krapen?
Now that you mentioned it, i cant login either
Edit: its back online
it doesn’t foster an abundance of confidence if customers can’t login to their exchange services at any time they want. Kapen…it is…And they supposedly “upgraded” their servers to stop all the login issues they were having.
However, I am trying to look at it positively. If the exchanges are getting overloaded with people trying to get in (assuming this is the reason), then perhaps there are more new people coming into crypto…that means new money and possibility for new highs
Exactly, but this is frustrating when you want to sell/buy fast and cant get in.
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I Don’t use Kraken but this happens on Binance and Bittrex as well (not often).
Use app/API, disable withdrawals via API and only allow access for your/trusted IP address.
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Almost 1B in mkt cap and 260 usd
This is a brief summary
These are other seminars
everything below is a copy and paste from a website talking about: OmiseGo (OMG), Status (SNT) & ZCash (ZEC): Volumes indicate a possibly sustained uptrend
ZCash (ZEC)
General overview
ZCash is up over 7% in intraday trading, after several weeks of low trading volumes. In the daily charts, ZCash is showing signs of a possible bullish reversal after price went up from $221 to $242 after several days of trading in a range. Volumes too are on the rise moving from $50 million 48 hours ago, to the current volumes of over $67 million. That’s an indication that investors are taking an interest in this crypto, after several months in the red.
Price projection for the next 24 hours
ZCash is currently trading above yesterday’s close of $242, indicating that there is strong demand for this crypto at the moment. This rise is likely to be capped at around $269 which sits on the 55-day moving average. A break above that could be indicate a sustained uptrend in coming days.
Gonna put this stuff here as well
Nice we have reached 1B mcap👍
lol annoying!!! kek.gg seems like every time we move out of the #25 spot; get knocked back by a random shitcoin. this week it’s bitcoin private with it’s massive $2 million volume. you read that right, $2 million volume. i’m actually starting to hate the number 25.
now that i’m forced to pay attention to bitcoin private kek.gg i’m seeing a test pump on their chart …from current levels to around $73ish is free money.
monero is winner for now …ZCASH needs some forks
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it was 1 milion for the last 24 hours, only in the last hour it doubled… Artificial FOMO at best
Powerless community
Dictatorship style leadership (I know better than all of you with 0 logical argument imo)
foundation does no Marketing,Utilization or Integration despite of earning over 200kUSD daily from founders reward.
no monitoring or questioning on what the Gods of zcash is doing with the resources.
and the only big news to be mentioned was a cooperation with a global bank mogul , the cryptocurrencies was created to fight against to begin with . just to give them all the technology they need to become bigger and at what price ? what did the community gain or the project gain ? . only God knows .
I am losing faith at faster rate. even bitcoin gold which I consider scam, looks better sometimes now.
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is it only me just saw monero price passed zec?
Yes it did passed zec
idk what to believe anymore, should i convert or stay and believe that our ‘CEO’ will change his mind?
its shame but sometimes i have same feeling …
PS: i wrote something same few days ago
yes, but ZEC just regained the lead!
Pardon me, but did you say free money?
thinking kek.gg that spike indicates a test pump! market maker did all the legwork for traders that spot it.
(edit: i’m not participating in the BTCP scam. that’s just my first observation from a quick glance at their chart.)
Anyone got any good ideas
Monero is selling for more than Zcash on kraken right now
zec deserve it… monero made their decision and zec still debating what to do with ASIC, what’s the best blabla and nothing will happen in near future on zec other than scheduled upgrade
guys, try to find other hobbies additional to cryptocurrencies, I see you all stressed AF. thats not a lottery here.
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…and zcash just passed monero, good times! we have a race to $300 on our hands, and ZEC will win this, wooooot !!!
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zcash added to bitoasis. from what i understand, bitoasis is the premier middle eastern exchange. https://twitter.com/bitoasis/status/988306908883968001
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This good news, one more way to trade zec
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Bulls are back in town.
ZEC/BTC - RSI is absolutely crushing it and the price really hasn’t responded. The weekly chart has a giant double bottom. No way to say for sure, but looks like institutional zcash investors are done accumulating(i actually think most of the accumulation is being done in ETH markets).
Also this: Let’s destroy Bitcoin | MIT Technology Review
MIT LOVES ZCASH like totes,major boner for zec, like mad <3 <3 <3
All hail grandpa BTC! Raise us all, raise us all. Remember… this too shall pass. When BTC crashes, again, so say we all.
I know it may be silly
Mhm… everything red…
this should have been expected…all profit taking and I’d bet there’s some manipulation going on, too.
Hope its not sinking too deep
here’s some decent analysis. mostly agree with it. https://cryptovest.com/news/zcash-technical-analysis-zecusd-bear-market-hinders-progress-ahead-of-new-zcashd-110-update/
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You are 10 sec ahead of me posting this😀
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why is barry shilling zencash?
https://twitter.com/barrysilbert
has there been a falling-out with zcash? post or two is nothing, but dude’s shilling ZEN hard… anybody have an answer for that? i haven’t seen barry shill this hard since the early ETC days. publicly begging an exchange to list ZEN over twitter is definitely some impressive shilling.
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weird strategy… would’ve figured he’d wait for ZEC to find her place in the market before pumping a fork of ZEC. basically, means they’ve been accumulating ZEN for a minute whilst ZEC has been floundering.
“days ZEC has been above it’s 200DMA = 0”
interesting…
lowering the emission schedule should be a thing the community discusses. it’s almost like we’re flogging ourselves.
circle adds zcash!
https://blog.circle.com/2018/04/30/circle-invest-welcomes-zcash/amp/?
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Supposedly the discussion only involved monero and dash
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“believe this is the first privacy-focused coin added to any platform with a NY BitLicense. Great sign (and precedent)”
~ barry
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And another
https://blog.circle.com/2018/04/30/circle-invest-welcomes-zcash/amp/?
http://blog.bitoasis.net/post/173218170745/launching-zcash-on-bitoasis-trading-exchange
this is incredible news ZEC’s had the last few days kek.gg these markets are not very rational.
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after we finish cycle, almost hope we fall into a +year long depression to cleanse these markets. BTCP scam is up 30% too… ridiculous because BTCP isn’t as 1337 as BTCA … BTCA is anonymous… that’s much better than private lol
…test pump did confirm BTCP should safely hit $73, but it’s still ridiculous
Lets hope zec begins to climb
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this seems to be turning into the kek show on this thread, and don’t want to be spammy. so, i’ll leave you with this - people hate the emission schedule so much, would be willing to wager open discussion on the subject would have positive effects on exchange rate; even if nothing was ever actually done. the discussion is all that would be needed, imo. have a good day!!
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I enjoy reading your posts, @kek … I don’t consider them as spam. I bet no one does.
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True !
Do you guys think bearish or bullish Flag breakout?
I value your posts kek, i don’t post much myself, I’m sure others are the same. Maybe people interested in privacy coins are more private?!
Great news in recent days for ZEC, hopefully the engineers can keep doing what they’re doing and the new marketing guy can help to spread the message/news…
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imo, we’re still closely tied to BTC. being said BTC will start recovering soon, probably by later today kek.gg seems to be a pattern here. whenever BTC’s getting close to bottoming out; ZEC is one of the first to recover against BTC. thinking we should sideways until around next week. next week we rally through around the 13-16th… after that we’re starting to enter the summer slump danger zone. ZEC does have a chance to do well during the summer slump due to upgrade schedule… still working on the last part. that’s what i’m thinking anyway.
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“Japan’s Financial Services Agency (FSA) is reportedly pressuring cryptocurrency exchanges to drop Dash (DASH), Monero (XMR), Zcash (ZEC), and other privacy-centric altcoins in a bid to cut down on money-laundering and cyberhacking.”
Another news about this banning, if they ban these, how would this affect the price? I think not good…
regardless of intention; via proxy goldman sachs just invested in zcash through circle.
all eyes are on you morgan stanley; your competition just staked a claim.
institutions are here… imo
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Big money will never leave money and profit on the table forever, so this is definitely a good sign from that persepctive. That said, I think we are a long way out from full adoption since we still have so many scaling problems to solve, but it could end up happening sooner than I’m thinking if the Japanese Bond Market collapses. That would be the first card in the house of cards that is the current world economy (from a strong economic country), which would probably result in crypto adoption. We are probably a good 5 years from that, but it might align well with the meshnet, since everyone would then have access to the internet, and in turn, a crypto economy. (As long as there are low cost devices available and what not)
Well…
Maybe it was better zo stay a bit underground to preserve the anonymity from zcash. Just my opinion.
I hate this sidewaystrend.
Way to thrilling. Cant handle it 
kek FTW tbh (those 20 chars)
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thought this was kinda interesting. in the new issuance, 24hr USD on onchainfx; zcash, and 2 zcash forks are in the top 10! kek.gg
This i dont like🤔
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Oh shit, 10k sols at 300W.
The equihash Nvidia miners are pwned hard if that is true. Damn.
I wonder if there will be a response of the zcash team.
I guess it will give some extra attention to zcash.
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longer they stay silent; more attention we get!
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very happy to see ZEC defend $300 overnight!!
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What you think of this? Possible or not?
I think BTC will jump over 10k in the next 3-5 days, fluctuate 2%-5% for a week, then do about a 2% increase a week for a month.
Hey Kek, I have been a reader of this post for quite some time now and I always value your inputs because it has the most credibility and at times I do feel like you know something more than you’re allowed to share.
Do you think ZEC will still be ok even after Korea and Japan exchanges dropping privacy coins from their exchanges?
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dude please don’t copy paste it everywhere, put on asic thread is enough
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don’t have any insider info… all this stuff is just my analysis… imo, japan would probably have close to no effects outside of sympathy loses, korea would hurt. we’ll be in great shape as-long-as zcashco doesn’t do this @ Zcon0 https://twitter.com/omise_go/status/992048703866368001
that’s a level of cringe that shouldn’t even be possible
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I think history tells us what happens when governments ban assets.
Im seriously at a loss for words! Hehe
Edit- Badgers are pretty ferocious! Certainly wouldn’t wanna cuddle up to one!
Edit- maybe it’s like how the Japanese do calisthenics before work? Scratch that the audience doesn’t even know what’s going on either
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I belive also, that there will be a fork and bitmain has caused us that difficulty rise earlier by testing their new miner.
interesting tid-bit in zooko’s post here
“numerous major ecosystem players (most not publicly announced)”
who are these major players zooko speaks of?? i have an idea on one…
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And this one is? 20char
i’m just speculating! there’s others i’m thinking of, but kek.gg
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Oh that would be really nice😎
I have a feeling the eth network might be part of it too.
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have i mentioned really don’t like the emission schedule? was just doing whatever it-is i do …and figured if ZEC didn’t have obscene inflation, would most-likely hold a +$2,000 exchange rate.
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i’d wager - if zooko copy/pasted this quote, and posted it on twitter “zcash is the venezuela of cryptocurrencies. we’re going to fix that.”
ZEC would jump +40% in a day.
~random thought~
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Id like too see zec in top 10 by mkt cap, where it belongs.
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we have a year+ worth of data to analyze now, imo, inflation is obnoxious. it’s one of the top valid complaints i get about ZEC from noncashers.
I would like to ask members of this community, what do you think, how wil ASICs affect ZEC price? Do you think that there will be massive sell-off?
That comment kek has had my head spinning since I read that the other day.
Also not that anyone cares, but it’s my 32 birthday today and I really love this community (even the really whiny GPU miners)
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I would expect the contrary.
GPU miners should be the majority but most are passive and don’t invest time in trading or partecipating on the activitly of coins mined.
Happy birthday man!
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ASICs will probably have a positive effect on exchange rates. a lot (most?) traders have a favorable view of ASICs. shows traders people with deep pockets believe the alt has a bright future. they see ASICs as a step towards legitimacy.
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I cant wait to see, how is asic influencing zec price,.
Just a suggestion. Sell at least the half of your GPUs now. You still get good money and then if the ASICs wont hurt the GPU miners too much you can buy the new generation of GPUs. I mean they are coming anyway, the GPUs, and they also will be better for mining as the actual generation with or without ASICs.
ASICs will be no good to the goal of getting ZCash to everyone all over the world. The greedy speculators want their own nests to be feathered and are turning a blind eye to the real threat of centralization and manufacturing concentration into BM’s hands; which, by the way, is in a Communist country.
“Whiny GPU Miners:” I mine ZCash exclusively and have for a year solid, full time. I don’t like anything else since ZCash offers the privacy it does. I don’t want to see anything that can compromise the integrity of ZCash since I hold everything I mine. I also believe in the value of ZCash for the long term.
It’s really myopic to think that because GPU miners only care about the threat of ASIC because they will lose out. No we won’t. We can just switch to another coin like BTG, BTCP or whatever. But those who are mining ZCash are not mining the most profitable coin and are likely doing it because they see the real value in it while also understanding the potential damage ASICs can do over the long term and how that works against the long term goals of ZCash.
Speculators are fueled by greed, and I want to get rich (again), too. However, I’d suggest refraining from labeling someone or a group with an opposing point of view as “whiny”. Such an exercise in cognitive dissonance is really poor form.
I am trying to keep an open mind about the ASIC business. There is a potential, on balance, that ASIC mining will do to ZCash what it did to Bitcoin, at least where the price is concerned. Maybe it had something to do with it besides the mad speculators rushing in to get some of it.
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Half of the GPU miners posts were just attacking Zooko. Sorry you took “whiny” to your heart - it wasn’t a personal slight against you. But when your conglomerate just sounds like children in a mall crying because their toy is being taken away from them - the shoe fits.
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Too bad then that just about every product in the Land of The Free is manufactured in the same Communist country.
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Seeing how you are labeling speculators as “mad” and “greedy” in the same post makes me think perhaps you want to have monopoly on labeling?
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In all fairness, people don’t seem to care or pay attention unless the outcry is significant enough to warrant it. In this case I believe that the “whinyness” is entirely justified.
Miners constitute the largest group of investors in Zcash. Spending real fiat $ on infrastructure to support the currency and be compensated for doing so. Investors. They are also the single largest group responsible for transactions on a normal basis. Even if your investors are “whiny”, it is never a good idea to piss them off too much.
The ASIC issue will disenfranchise people who were previously supporting investors. They will leave the currency, with them will go the market volume they previously contributed. Reduced volume generally means reduced price. I see this going very poorly for ZEC in 2018.
The normal June Spike: this will be mitigated by what has already happened and since the ASICs will be shipping right around then.
The normal December Spike: this is when they are saying they will be able to get around to addressing ASICs if they do at all (Zcash Foundation has targeted Q4). Again, I don’t see this as positive outcome either as ASICs will be in for 6 months by that point and I think a lot of the existing mining investors will have sold off and moved on by that point. Removing ASICs then would really hurt hashrates and thus more bad news.
I have yet to see a coin have a positive market price reaction to ASICs unless there is a shortage of hashrate and it is in demand (like BTC in Q3/Q4 last year). ZEC has plenty of hashrate and is not in demand for more. In this situation at best we can hope for is flat, no gain or loss. But as this is an equihash community (yes, that matters to a lot of people) it will most likely be negative.
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IMO that statement is incorrect.
If miners purchased ASIC equipment to solo mine Zcash and Zcash only, then yes they are investor’s. That person spent fiat or cryptocurrency on an item specific to Zcash.
With Zcash originally being CPU then GPU based, it was designed so that anyone with a computer could mine Zcash. No one had to go out and purchase anything, they already had what was needed, this does not make CPU/GPU miners investors.
Even if someone takes out a loan, rents an office space for cheaper electricity vs home rates, this still does not make the miners an investor. Someone worked it out in their head or on a spreadsheet ( ) and saw an opportunity to spend fiat on mining equipment and in return get zec at a ROI that would benefit them. It was a business venture in a speculatory market. Again this does not make a GPU miner an investor.
I’ve spent twenty grand on mining computers and power costs for 12 months straight to mine ZCash exclusively. Call it what you want, but the money was spent to further the goal of this crypto and no others (and to further my own goals, too). Without miners, there is no ZCash.
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I might not be an expert on market analysis and investing (but oh wait…maybe I am…isn’t the internets wonderful)…but I’m pretty sure you just defined an “investor” and called it “not an investor”. You even used “ROI”…Return on Investment.
Not to detract from the topic with semantics but an individual investing time, talent, or capital into something is an investor in said something. Nothing good ever comes from blatantly disregarding the interests of your majority investors. Even if someone comes in after mining some other currency (so no new capital investment) they are still investing with monthly electricity and computational power (which is the underlying fundamental value that backs cryptocurrency).
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I am no expert on investing neither, and i am no expert on law but whilst you did invest in hardware to mine zcash it doesn’t make you an investor in zcash company with voting rights regardless of what you think of yourself. It’s somewhat similar to buying an iPhone and thinking that you are investor in Apple, having rights to decide what they do with their company and their products. You can voice your opinion like everyone else but that’s about it.
I was being a little snarky because Citric and I know each other. This actually is my area of expertise.
No one said anything about rights. This is not a security (at least not yet in the US) we are not talking about company ownership. We are talking about people who invest time, talent, or resources into something. That, by definition, is an investor.
Your example of an iphone isn’t relevant because it’s a customer purchasing a consumer good sold by the company. However, someone who hosts their pod casts on iTunes is one such investor we are talking about as they are investing their time and talent in the company’s product.
If Apple decided to do something that would exclude a majority group of their podcast contributors from using their systems, you can bet your rear-end the stock would drop and adoption of that service would drop also.
Now why that is relevant for this discussion: because the equivalent here would be the value of the cryptocurrency.
Honestly, this couldn’t happen at a worse time in my opinion. With the June/July spike right around the corner, I can’t see any way that this could positively contribute to the value. August would have been a better time.
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Yeah, maybe my example of buying an iPhone was bad, better would be making an iPhone and getting paid for doing that. By making an iPhone you are no investor, although you invested you time and effort into making it. Same with mining zcash, you invested in that but you also got paid for it. Why would you have anymore say about the future of zcash as a coin than someone who is paid to make an iPhone about future of Apples products?
That’s a much deeper rabbit hole, but the short of it is because the success of the “product” virtually always depends on people investing in some way towards that product. Even our time spent debating this on the forums is a positive investment of time which ZEC benefits from (by showing an active and dedicated community) and in turn we benefit from with higher adoption, volume, and market price. It is a symbiotic relationship and it applies to miners also (probably more blatantly than my example above).
And specific to your point…feedback on products is VERY important to campanies like Apple. And those who ignore majority groups of “investors” suffer for it.
Oh man we’re seeing red. I guess We’ll see another stock market rout soon.
This is to blame.
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Guess which currency is which?
Pro tip: they all still depend on the main one and follow it blindly.
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How long a trend are those?
id ballpark a 7day one
looks like a 24 hour to 48 hour trend at 15 min candle
It’s the default 7-day charts from Coin Market Cap front page.
But I do like badgers, and mushrooms! :-p Do you think I should suggest it to @zooko?
Seriously, I love the playfulness of the Ethereum community and think that we could learn from it in our presentation. (The event in the video was organised by Ethereum people with some participation from Omise Go people.)
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24 hour volume @ $24.5m?!! most fascinating thing to me is zcash gets listed on 2 new exchanges, then loses half our volume. normally one would figure our volume would at least rise slightly …weird!
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nice spike ! …
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Feel bad for those who were so quick to sell off. Maybe we can see a nice bump in price
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WOWOWOWOWOWOWOWOWOW!
(20c)
Ahhh yessss!!!
Zcash got listed in gemini exchange wiknlevoss bros ftw!!!
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Nice spike indeed😎 20char
Great news about gemini. Do your guys think this spike is temporary or will stay and go to the moon?
we maintain +$200 million volume for around a week; zcash will moon… once we hit +$500m volume; zcash will mewn to levels nobody thought was possible.
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Wow, just wow. Something big is happening for the first time. Zcash is refusing to obey the rules set by the Big Brother. I hope it is gonna last.
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Link pls?
@kek - “mewn” - nice!
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This high bumps never worked in our favor, hope people don’t just mass sell off. I hope this is not the case again.
May @kek 's words be gospel in this new crypto religion.
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imo, 100% certainty coinbase lists zcash. only a matter of when.
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I wish they could have waited a few months so I could have more ZEC mined.
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What price do you think it would be after it hits Coinbase? I am guessing about $900. That would put it in line with Monero market cap. It looks like this gain is temporary.
really hard to offer solid speculation before seeing ZEC trade for real on gemini. being said, thinking we see +$1,300 (after a short time of actual trading on gemini starting on the 19th).
coinbase announcement alone would double the price, probably more than double.
after a year of trading on both gemini, & coinbase - ZEC ~ +$4-5K (being conservative so people don’t think i’m too crazy)
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know i whine about emission schedule, but, in the very near future people will be realizing how rare zcash actually is.
Volume in coinmarketcap shows x10 in increase… is this it? Should we buckle up to the moon?
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I thought you were complaining about the ZEC inflation before? If it goes up too much too fast ASIC’s will be more likely to get a monopoly on mining Zcash.
I like those numbers. I was guessing $900 at current overall crypto market cap. If it hits $2 Trillion then that will be about $4500, which is what you are guessing.
Of course for me the price speculation doesn’t do any good without a target date for it.
Personally I am targeting $700 ceiling in the last week of June - first two weeks of July. Leaning more towards July weeks as the last market spike didn’t actually happen in December but a couple weeks into January before exhausting.
My realistic price target was about $600, but the ASIC discussions were going to bring that down a little (I think we’ve already started seeing that down impact a little this week when we should otherwise have seen slight/mild gains).
That in turn has been off-set by the Gemini exchange announcement which I believe is big enough to more than compensate for that down. Good for ZEC price, bad for the ASIC discussion as it will likely get overshadowed.
I think good news will bring ZEC up in it’s market standing in the next month and a half but I don’t think we will see the same for the overall market (I’m being optimistic with a BTC target at around $14,000 June spike). However, i do see this being the high point for ZEC’s market standing for the year as the rest of the currencies (namely BTC and ETC) will likely see greater gains in December. But, I am targeting a $900-$1000 ZEC in December assuming nothing else rocks the boat.
Of course Gemini could change everything (for better or worse) as it introduces a government approved and licensed avenue for purchase and sell of ZEC directly for US$. Both NASDAQ and NYSE have expressed interest in opening crypto services/exchanges, if they add ZEC also then who knows (that arguably would be far more significant than Coinbase adding it).
A common misconception for ASICs is that if they get introduced, there will be more coins in the network. Block time is the same even if there are ASICs, distribution of the coin is different (more will go to the ASIC owners since they bring more sol/s).
p.s. I’m not for ASIC’s per say, I am for upgrading ZEC to it’s fullest potential with sapling.
p.s.s. Sorry for being off-topic. Also, please correct me if I’m wrong.
I’ve been reading about a partnership between Zcash and StarkWare Industries (started by zcash co-founders Eli Ben-Sasson & Alessandro Chiesa)… StarkWare is working on ZK-STARK. Are they going to launch their own coin, or will they implement ZK-STARK into zcash… or both?
Does anyone know?
24h volume - $494,000,000 - whoa nellie! That’s a flood of money into it. wow!
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thinking once STARKs are ready to be deployed in the wild; zcash would be one of the first to deploy STARKs in the wild.
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“Gemini’s auction system is the settlement mechanism for CBOE’s futures contracts”
this is a game-changer for zcash
…ZEC CBOE futures wen
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You all are so smart here… So successful investors, traders, miners… That I’ve been expecting to see something related to day-trading tips and so on… Like for instance which correction should we expect after last spike and when it is better to buy. I’m quite sure there are a lot of zcash fans who have sold there assets recently. It’s a privilege of few insiders to buy coins few days before the spike (what we’ve been witnessing this time) . Majority of people could not expect such a thing to happen so there are thousands of us now, who lost a lot of zcash recently due to this shitty rocket launch. I hope zcash growing popularity will affect this forum somehow because now… in general… it is useless.
It sounds like you are looking for someone to give you daily technical analysis. This is a price speculation thread, which can be very open ended and discussion based, or it could include TA. @kek would post some information on that occasionally, but that doesn’t seem to be the focus of this thread specifically.
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This isn’t really a trading thread.
I’ve been reading more about the Gemini launch and the NYDFS press release, this is a complete game changer for Zcash. I’m glad that the Zcash team are starting to see their hard work paying off.
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It seems I’ve missed the moment when price became something not related to trading
Ok guys… If you say nothing useful for trade should be expected here, then I’ll just put an end to your flooding:
SOMEDAY ZCASH WILL FLY TO THE MOON!
THE END.
You are welcome.
Back to top 20 in a couple of minutes?
Rank 10 here we come!
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Sorry… 19th position! Let’s go!!!
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There are occasional spurts of TA on this forum, but after a little while people realize it’s fruitless most of the time. ZEC (along with most crypto) follows the overall ebb and flow of King Bitcoin’s mood. What you can really expect is an occasional gain vs. bitcoin with some good news here or there (which in turn is a price gain for ZEC) but if you want a more accurate TA of the regular up and down waves (by day or week) you probably wath to look at BTC (and this advice goes for most cryptocurency).
A few exceptions are those couple coins regulated and traded directly for US$ (mainly ETH but to some extent LTC). I am hopeful that ZEC will join this exclusive group with this news about the launch on Gemini Exchange. Then hopefully ZEC will not be as subject to the moody swings of Bitcoin, especially since the ZEC dev team has been far more productive with quality output than what I have seen from the BTC development.
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Get ready for some ZEC pairing
Many new exchanges are coming up with many new pairings and BTC dominance is slowing declining, I would say max 2 years and BTC will not be anymore that relevant for all altcoins waves.
I primarily exchange using ETH pairing (personal preference)
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Zec is the only crypto showing as “green” at the moment… This is it. Buckle up. Next stop to the moon!!
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my mother just informed me she’s going to buy zcash on circle (she loves circle). i haven’t even been badgering her… she’s never bought anything other than bitcoin. amazing
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are you going to pump it again now?
With these kind of news I think in the future we’ll reach monero’s market cap or rise even bigger(just my opinion)
Someone an idea why the difficulty grows that much?
I think asics are not delivered yet.
And another strange thing. The difficulty grows exact like the price is growing.
Spooky…
https://bitinfocharts.com/comparison/difficulty-price-zec.html#3m
Some miners switch to what’s more profitable
I think a big player there is also Nicehash, they will convert their GPU miners to the most profitable available algorithm, which was definitely Zcash at the time.
Go to whattomine.com and you will find the reason. ZEC is more profitable. ZEC is 12% more profitable than any other Equihash coin.
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Bitmain is already running ASICs and they are one of the largest mining firms out there. They probably started around the start of Q4 2017, that’s about the point difficulty doubled/tripled while GPU supply was in a shortage (so not many new GPU miners coming online).
Not spooky at all. Miners have automated software that switches between currencies to mine based on the most recent block’s difficulty, hash power, and current market price. It’s actually a rather simple bit of code to do that, especially with all the data you can get by API now. ZEC just moved to the most profitable coin to mine because of the price jump (more specifically because the others didn’t jump). This is also why you see the dramatic swings in difficulty hour by hour some days is when the mining farms are jumping in and out of a currency.
I wouldn’t hold your breath on the ZEC pairs. If LTC was any indication, just because you can buy with cash doesn’t mean anyone will treat it as a fiat. Honestly I was shocked that Monero was listed as a fiat on Poloniex Exchange but it doesn’t seem anyone else wanted to follow suit.
Personally, I think it would be amazing to get LTC as a fiat for pairing on exchanges, I would prefer that over ZEC due to the wider existing adoption, faster tps, and cheaper network.
Funny to think that ZEC’s shielded tps (about 6.5) is almost as fast as BTC’s tps (7).
m0@r serge…m0@r gr$$n! While everything is red, ZEC is GREEN. This may well have been a breakthrough we’ve needed. I hope it holds!
Current zcash price imo is undervalued
For a coin to have:
- Optional privacy
- Cheap price (currently)
- Listed in a regulated exchange
- The most impt one, only 3,932,281 coins in circulation!
Demand should go up and we all know the supply and demand rule… I hope to see 1zec = .5 btc soon or even 1 zec = 2btc like when it got released.
This is price speculation thread and this is my 5 cents
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ZEC is not the only privacy coin, there are two others with significantly more market cap than ZEC (Dash and Monero) both of which are significantly better marketed. Monero for what it is (a privacy coin) and Dash for global adoption campaigns (Zimbabwe, India, Venezuela, etc.).
To be honest, I have very surprised that we haven’t seen Dash listed on a regulated exchange. ZEC has a long way to go to catch up with the market adoption of these other coins.
Also, supply and price doesn’t make as much impact on demand in crypto currency as you see in other areas, mainly because you can buy and sell small fractions of a coin. If someone needs $5000 of a privacy coin, then it doesn’t matter if that means 5000 coins or 5 coins because ultimately they are measuring the value in something else. The price movement only really matters to people like us who are holding ZEC purchased at a lower price.
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Indeed Monero and dash are both privacy coins as well. The point here is that they are still not in a regulated exchange like gemini. Having a coin listed there is like saying to people that hey, government approved this so its safe that the value of the currency ain’t going down to 0 despite the high volatility of the crypto world and government will not put a stop to it anytime soon.
Yes you can by a fraction of a coin. But since there are less coins in circulation right now, even if you are to buy a fraction of a fraction of a zec coin, coins in circulation is still less compared to other coins which has more than 15m in circulation already.
There is also a reason why zcash hired some marketing personnel as well. I’m sure they will catch up soon.
Monero or Dash are not as private(not mathematically provable) and they are not on a regulated exchange. ZEC market cap should be $4 billion or more. Maybe it will get there late this year or early next year.
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Heres the results from the Chinese IT Ministry, if you think zcash is on there then you don’t know China
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i don’t know china that well… why wouldn’t they evaluate zcash?
there was a couple people posting decent TA, so figured i would let them roll with it since i’d only be parroting their analysis. they must’ve moved on to other things… if nobody else steps-up; i’ll start posting weekly analysis again next week.
They evaluated Verge (Dogecoin Dark) but not Zcash… LOL. Do we need any more evidence that they have no idea what they are doing and that we shouldn’t care about the conclusions they draw?
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Im sure they did, maybe it just didn’t fit their evaluation criteria as well (I would guess not authoritative enough for them! Ha!)
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That would be great. If it doesn’t bother you to much
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(roughly) $200 million volume has been sustained 4 days. very nice!
ZCash is the only privacy crypto out there. The others are nonsense. The only reason why Malnero and Dish have any traction is that they market the dog crap out of them. If you want the appearance of privacy, use those and “feel good”, but if you want a truly secure transaction, only ZCash can do it.
I think ZCash is undervalued because it’s poorly marketed and the masses just don’t know about it yet.
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Easy killer, we know!
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Dont know if this was ever shared but its fun, like wheres waldo
Theres a link to the tool used to generate those predictions too
Verdict
We can be 95% certain that Bitcoin prices will fall between $9,095, and $371,588 with a median of $60,837.
Verdict
We can be 95% certain that Zcash prices will fall between $54, and $6,259 with a median of $549.
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Free advertisement showing how good zec is
This is one of the perks that comes out being chosen by gemini exchange.
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