As far as I know they’ve never paid for any sort of press coverage which I think in itself, speaks volumes
The proof is in the ZK pudding and people are starting to figure it out
Edit- think about it, big investor types now hearing more about this “Zcash” a little here and there, then if decided to investigate, will be left wondering “how is there no hype?”. Two answers 1. Dont need it- says it really is special
2. Dont have time- says all the ZEcompany does is work
Either is better than none, but both is basically blackjack
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this may be too early to speculate - may be fumes from the Gemini news - but while everything is selling, ZEC is green. Has this happened before? i cant recall. Is this finally happening? does the market recognize ZEC store of value?
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I guess FOMO for zcash started big time.
I’m happy about it and all, but for me: later is better 
I guess the 400$ mark before the 22th is our next stop
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Gemini is a small player, finex has x10 the volume.
gemini is were institutional money goes. gemini is much-more important, imo.
interesting part of the gemini announcement that i think people are missing is gemini’s not only approved to trade ZEC; they’re approved “custodians”… custodian part’s what wall street needs to really invest on a large scale.
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With the motivitaved institutional investors coming in, we may be seeing a new chapter in cryptos. That money, more or less, will be looking for quality. Zcash should be attractive to them.
It looks like @kek got his wish for more volume:
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Yeah but that volume is not coming from gemini. Long term it may, but on 22th I don’t see a pump, hope I’m wrong though.
Nice buy just happened. Buckle your seat belts. More strong buys until Tuesday perhaps?
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My trady sense tells me they’ll be a dump early Saturday morning. Makes sense since big money will manipulate it lower for a bargain. Then the real rally starts right after.
Its gonna rise soon. Better invest now than later
Here’s my fear and uncertainty…Zcash has proven multiple times that it’s “happy place” is between $250-$350. We’ve had really good news in the past only, and we were excited to see $300+. But after three times the price has made significant spikes months apart from each other, it’s returned to that same range every time. While other currencies have made and held gains (the fact that BTC is holding at $8k+ and ETH is at $600+ is amazing), Zcash keeps slipping back to its same zone.
My theory is that it has been a “practical use” currency (end of quarter earnings going through the shielded wallets) and not a longer term hold currency.
I’m hoping that this move on Gemini will finally give ZEC something to hold on to but I would not be surprised if it settles back into it’s happy sub-$350 range after a late June spike (maybe early July).
Im new with trading bitcoin but from what i have observed when a certain variable is met, there will be a spike until it reach a certain point. Then it will splash back down in its neutral zone. The big question is, is gemini enough to attract a good amount of long term investor to hold the price.
I think being on Gemini will set the ZEC price to a new setpoint. Look at Coinbase and Gemini’s offerings now. Coinbase dropped ETC so the top 5 are Bitcoin, Bitcoin Cash, Litecoin, Ethereum and Zcash. The lowest market cap is Litecoin at about $7.5 billion. It is looking increasingly likely that Zcash will be the next coin added to Coinbase whenever they are ready again to add another coin. I estimate it will be $3.5-4 billion once it is added there and $2-2.5 after being on Gemini for a bit. Coinbase could add ZEC at anytime in the next year. If ZEC gets on Coinbase and we have another good December expect ZEC to be $1,500-2,000 at the peak. Remember that exchanges should have shielded addresses by December as well making my estimates too low.
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Guys i have a question. Is the rumors true about amazon adopting cryptocurrency to its transactions?
Rumors have been around for at least 6 + months if not longer. With XRP being the only coin that could handle the transactions.
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I realize that the upcoming improvements to ZEC could make shielded addresses available for exchanges but I am skeptical that they will adopt them. I think Gemini is skating on thin ice with ZEC to start with. My thoughts automatically go towards “who’s eyes did they pull the wool over to pull this off???” not “of course Zcash is a logical addition!”.
Personally I still don’t think main stream finance and legislation is ready to accept privacy currency just yet. So I was a little shocked to see Gemini get approval. All over the world, the trend has been to ban privacy coins (Coincheck in S. Korea just dropped all privacy coins) and these guys just got one approved by a major regulatory commission.
Awesome, amazing, shocking…insert emotion here…whatever it is, it makes me feel cautious about what could happen next. I would love a streak of good news (coinbase adoption) but I would be no less surprised if Coinbase stuck to their guns about avoiding privacy coins. Especially since they just started talking to the Fed about becoming a proper bank.
Purely my theory, nothing to back it up, but I’m thinking they will launch their own currency. That seems more in line with what Amazon has done in the past.
Oh, and of course Prime Members would get it for free. 