Price Speculation

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 :face_with_raised_eyebrow:

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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) :slight_smile: 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 :smiley:

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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 :drooling_face::sunglasses:

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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