kinda funny, neither BTC or BCH are fungible enough to be taken seriously as currency. without major fungibility upgrades; they’ll never leave the collectible/money stage, imo.
Right about now I’d enjoy a post saying that “it’s a planned agenda, 150 is on the way”…
@phakov Good Ol horseshoe he will be missed
And the difference with Zcash in that regard is ???
The Cryptho that will be used as a currency will be like XRP.
Centralized, brought to you by wallstreet, regular people like that, safer then the space is now.
They don’t know who Satoshi is or his vision, for most people it was a get rich quick scheme.
All I read is how wonderfull the new coins are and what they can what BTC can’t, still BTC is king ( most people know BTC and present XRP ) and the coin on nr 2 according to MC is the coin that goes against all Satoshi stood for.
For me Zcash is not a currency, I see it as a stock like Google or Apple that just started. I am in for the long run, that doesn’t sound like currency to me
fungiblity is one of the main reasons BTC/BCH won’t succeed longterm. my point is in current form they’ll never make it past the “money stage”. works like this: collectible—money—currency. cryptocurrencies can be viewed as different things, ie commodity/currency/etc, but wouldn’t view zcash as an equity since you have no voting rights, and ZEC doesn’t represent ownership in any corporation. ZEC’s main advantage when compared to other cryptocurrencies is fungiblity. to become a true currency you’ll need portability, divisibility, and fungiblity. zcash maintains more characteristics of a true currency than all other alt networks. fiat systems won’t last forever, and ZEC (zcash is still in the collectible stage imo) could be a replacement eventually. average lifespan for a fiat currency is 25 years; since the romans started the practice. we’re overdue for a change (that’s why the IMF wants to issue SDR as a new type of fiat). side note - XRP is more of M3 type money.
Hi everyone! Hope everyone’s doing well. I think this is cool. Have a great day!
How low can $BTC go? Who cares.
Well, I bought what I could this morning. If Kek’s mom also bought, might be time for a turnaround, haha! Wouldn’t be surprised to see it sit around these levels for a few days after a bit of a recovery though (maybe lows 100’s again).
been thinking about your post… have a feeling this will be nasty/protracted. don’t think BTC is done, but BCH/SV are probably finished as serious longterm BTC competitors. they’re fighting in a distasteful fashion, and don’t seem too worried about the people that depend on their alt-network. top dogs might not realize it, but the “small guy” notices this type of stuff, and won’t forget it. BCH camps might be fighting over this for a year+ ++? fight seems to have gone personal.
ZEC could be a challenger as-long-as zcash continues doing what she does, and keeps chugging along with >minimal community nastiness<—this can be very refreshing for people tired of the ugliness of a protracted whale fight.
Seems more blood is left to let out…
I hope they keep squabbling, its extremely damaging to all BCH flavours so the longer the better. Think one will die but the survivor will emerge weak & have no credibility.
The depressed ZEC market price fits nicely with my accumulation plans, so no complaints.
Jeps, and now the are planning on targeting the Bitcoin Gold, diamant and other coins. Real good for the Crypto space pffff. We gonna destroy all who have Bitcoin in their name. If they go that path, it will destroy everything.
^ Apparently the new horseshoe… But for BTC…
Zcash has fallen down to 80 $, is it possible to get it up again?
Just trying to imitate the legend.
I really don’t want to spend money I don’t have, but these prices really make me want to break out the credit card. I bought my first ZEC around $40, and I really didn’t think we would see prices anywhere near that again. I guess we are still double from that point, but these are some discount prices for sure. I won’t make that decision now, but if we get to $50-ish I won’t be able to help myself.
Edit: I would definitely know the risk of doing something like this, and I really don’t think we will get to that point. But rest assured if we do, I won’t be a weak hand if somehow it keeps dipping (I’ll just wait for my next paycheck so I can buy more).
Leveraged speculation on a credit card? Are you mad?