Price Speculation

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

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

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

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

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

You should sell everything, right now!

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2001 Internet Bubble/ Dotcom Bubble
2017 Cyrpto Currency Bubble ?

I think so …

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

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

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

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

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twin brother ???

i think so

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

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Nice one AL888 but:

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

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

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

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

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

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

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

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Did the zec price ever match eth? We are close

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

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

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