Here is the start of the rally chaps!
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!
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!!!
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.
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
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();
}
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!