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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