Price Speculation

you want to wager money on that?

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

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

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

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

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Indeed, mobile support will boost visibility and usability.

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

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

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

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

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

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

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

0.067. Youch.

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

Bought back in at 0.08 thinking it was the bottom.

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

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

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

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

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

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

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

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

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

-.- volume

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

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

Goes hand in hand with Zooko’s WannaCry post.

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

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

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

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

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

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You’re right. I misspoke about centralization.

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

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

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

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

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