Loose the Bulls!
“Gemini’s auction system is the settlement mechanism for CBOE’s futures contracts”
this is a game-changer for zcash
…ZEC CBOE futures wen
You all are so smart here… So successful investors, traders, miners… That I’ve been expecting to see something related to day-trading tips and so on… Like for instance which correction should we expect after last spike and when it is better to buy. I’m quite sure there are a lot of zcash fans who have sold there assets recently. It’s a privilege of few insiders to buy coins few days before the spike (what we’ve been witnessing this time) . Majority of people could not expect such a thing to happen so there are thousands of us now, who lost a lot of zcash recently due to this shitty rocket launch. I hope zcash growing popularity will affect this forum somehow because now… in general… it is useless.
It sounds like you are looking for someone to give you daily technical analysis. This is a price speculation thread, which can be very open ended and discussion based, or it could include TA. @kek would post some information on that occasionally, but that doesn’t seem to be the focus of this thread specifically.
This isn’t really a trading thread.
I’ve been reading more about the Gemini launch and the NYDFS press release, this is a complete game changer for Zcash. I’m glad that the Zcash team are starting to see their hard work paying off.
It seems I’ve missed the moment when price became something not related to trading ![]()
Ok guys… If you say nothing useful for trade should be expected here, then I’ll just put an end to your flooding:
SOMEDAY ZCASH WILL FLY TO THE MOON!
THE END.
You are welcome.
Back to top 20 in a couple of minutes?
Rank 10 here we come!
Sorry… 19th position! Let’s go!!!
There are occasional spurts of TA on this forum, but after a little while people realize it’s fruitless most of the time. ZEC (along with most crypto) follows the overall ebb and flow of King Bitcoin’s mood. What you can really expect is an occasional gain vs. bitcoin with some good news here or there (which in turn is a price gain for ZEC) but if you want a more accurate TA of the regular up and down waves (by day or week) you probably wath to look at BTC (and this advice goes for most cryptocurency).
A few exceptions are those couple coins regulated and traded directly for US$ (mainly ETH but to some extent LTC). I am hopeful that ZEC will join this exclusive group with this news about the launch on Gemini Exchange. Then hopefully ZEC will not be as subject to the moody swings of Bitcoin, especially since the ZEC dev team has been far more productive with quality output than what I have seen from the BTC development.
Get ready for some ZEC pairing ![]()
Many new exchanges are coming up with many new pairings and BTC dominance is slowing declining, I would say max 2 years and BTC will not be anymore that relevant for all altcoins waves.
I primarily exchange using ETH pairing
(personal preference)
Zec is the only crypto showing as “green” at the moment… This is it. Buckle up. Next stop to the moon!!
my mother just informed me she’s going to buy zcash on circle (she loves circle). i haven’t even been badgering her… she’s never bought anything other than bitcoin. amazing
are you going to pump it again now?
With these kind of news I think in the future we’ll reach monero’s market cap or rise even bigger(just my opinion)
Someone an idea why the difficulty grows that much?
I think asics are not delivered yet.
And another strange thing. The difficulty grows exact like the price is growing. ![]()
Spooky…
https://bitinfocharts.com/comparison/difficulty-price-zec.html#3m
Some miners switch to what’s more profitable
I think a big player there is also Nicehash, they will convert their GPU miners to the most profitable available algorithm, which was definitely Zcash at the time.
Go to whattomine.com and you will find the reason. ZEC is more profitable. ZEC is 12% more profitable than any other Equihash coin.
Bitmain is already running ASICs and they are one of the largest mining firms out there. They probably started around the start of Q4 2017, that’s about the point difficulty doubled/tripled while GPU supply was in a shortage (so not many new GPU miners coming online).
Not spooky at all. Miners have automated software that switches between currencies to mine based on the most recent block’s difficulty, hash power, and current market price. It’s actually a rather simple bit of code to do that, especially with all the data you can get by API now. ZEC just moved to the most profitable coin to mine because of the price jump (more specifically because the others didn’t jump). This is also why you see the dramatic swings in difficulty hour by hour some days is when the mining farms are jumping in and out of a currency.
I wouldn’t hold your breath on the ZEC pairs. If LTC was any indication, just because you can buy with cash doesn’t mean anyone will treat it as a fiat. Honestly I was shocked that Monero was listed as a fiat on Poloniex Exchange but it doesn’t seem anyone else wanted to follow suit.
Personally, I think it would be amazing to get LTC as a fiat for pairing on exchanges, I would prefer that over ZEC due to the wider existing adoption, faster tps, and cheaper network.
Funny to think that ZEC’s shielded tps (about 6.5) is almost as fast as BTC’s tps (7).
