2 weeks ? Heehhe get there in a few days in Vegas 
down to 76$ …
Interesting read and i agree absolutly with some of the arguments:
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Cryptocurrencies are managed by communities of developers. That can get messy
=> Every project is talking about decentralization and so on. But let’s face it, how much decentralization do we have if some devs (alone) decide the future of a given crypto currency? They are even not elected, nor nothing nor have holders/miners a vote at all… -
The creator of Bitcoin said only 21 million Bitcoins would ever be created. But how scarce do those 21 million Bitcoins seem if there are also 21 million tokens of each new copycat? As Naeem Aslam, the chief market analyst at the trading firm ThinkMarkets, put it in a note to clients this week: “Forking has become so common that it puts at risk the notion of limited supply altogether.”
=> Absolutly agree on this one and i had several thoughts about it in the past how this is paradox at all. Holders of Crypto A automaticaly get the same amount of crypto B after the fork. This doesn’t make sense at all. It’s as well a rich get richer and late comers get penalized factor in my opinion.
=> Developers have complained that Bitcoin, Ethereum and most other networks are hobbled by technical problems that make their tokens hard to use in real-world transactions. Those working on the cryptocurrencies have promised solutions, but they have been slow to produce them.
=> Another one i agree with. Let’s face this honestly from the average joe point of view. How comfortable is it to download a wallet, sync it (if it syncs at all without problems), to navigate on the current available wallets, private keys included. Slow transaction speed, limited transactions, and and and. Not even talking about POW mining which is only for some technical advanced minority with financial power to get specialised hardware. These and many other factors are technical issues in my opinion that are not in crypto currencies favour. Damn, since 2 days i’am trying to send from my Bytom desktop wallet an amount to an exchange without success, i can’t figure it out how it works and so far i have installed/used/tested about 200 desktop wallets, lol. What’s left for the average joe & average mom?
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Governments could get into cryptocurrencies, and do a better job of managing them. While saying cryptocurrencies could improve on current payment networks, she also said governments could manage them more effectively and eliminate the issues of trust that have hobbled them.
=> This is one of my major concern for several reasons as well:
- We have so many scams, fraud, failed ICO’s, hacks, where people lost their money that these mostly feel more comfortable again with governments issues currencies.
- With over 3000, mostly allready 5000 cyrpto currencies we all know that about 95% are either useless, a scam or just for fun. This is as well a dev problem in my opinion as developement resources are spread on this many different currencies and most even doomed to fail anyway. Means, not enough dev resources to develop faster, more efficient, better. My main concern is that goverments and companies with a centralized company can develope faster and more efficient. Seeing this problem even at ZEC, with proposals, grants just every 3 months, upgrades only every year… This in my opinion is slow & sluggish and lacks fexibility. Best example is the winzec wallet issue because a grant application came late and missed the death line putting temporary ZEC even into the danger of a fork. I understand that this all is done in favour of transparency, decentralization and so on, but can it that way compete with fast acting companies & government issuing crypto currencies? I have my doubts.
Here the full read…
I doubt should I buy zec for $10 or wait some more 
I have been on this forum for a long time already. I remember different speculations about possible zec skyrocketing and price above 1000 USD. But only now I started questioning myself what is ZEC “real price” and why it should cost $5000 and not $0.05? For transferring money price does not matter. You buy it and send immediately. Then it is being sold soon after received. It does not matter how much it cost 50 000 or 1 dollar. For those who trade it price matters even less. This guys get profit from speculation with buy/sell difference and scalping. They don’t hesitate to sell it for $80 and would not hesitate to sell for $10 because they can then buy it for 9 and sell it for 11. You can say that ZCash real price is determined by miners. But as I see it now there is already enough coins to trade and use for tx without new coins from miners. So how to determine the “real” price of coin? You can throw tomatoes at me, but could someone explain me why zec price should not be $1 for example?
Valid questions in my opinion. One of the biggest problems of the fan base, believers of a given crypto currency is that they/we interpret our wish thinkings on everything leaving some important facts, concerns, arguments, logic and common sense aside.
Some months ago, when some users predicted the ZEC price to be below 50 i laughed myself about it, honestly admited. Today, thinking more realistic about all the various factors i think that the price should be indeed in that range (50-75), no matter silently i hope it will be 500$, but hope and dream lack realism of course.
Talking about the real price, many if not most will tell you it’s at least the price/value to “produce” 1 ZEC, in the meaning of electricity, hardware, mining, whatever, but that’s just a myth, it’s simply not true, neither valid for several reasons. Only thing that really impacts the value/price is demand versus supply, easy and simple as that…
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Dont worry, we wont throw tomatoes at you.
For a fiat->zec->zec->fiat transaction price doesnt matter, but to store value in a completely private way it certainly does.
Its very early days & reality is a rich mix of use cases.
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My recent sarcastic post was flagged )) LIke other sarcastic posts ))) community don’t like me laughing about zec price. But truth is I HODL zec. And if it rise to $300 I’ll buy nice new flat ))) I’m very much interested in zec go to the moon. But it’s not a reason to write only optimistic posts here or asskiss zec devs. And now I want to understand what to expect in near future and where the bottom actually is.
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it’s already starting RIP bcash. greed is a hell of a thing. hope the whale fight was worth it. they damaged their users confidence, and might not recover.
(imo) we’ve already cut through the bone. best advice i can offer is don’t lose your vision. we’ll eventually recover.
zcash doing everything it can to lose that 18th spot. ZEC might be playing possum since 17 is a much prettier number. lol
I think that what can really improve situation (and what zec needs badly) is official wallet for mobile users, safe and easy to use. As I understood recent update was required for future mobile wallets. Being listed somewhere is nice, but it’s not a real adoption. I think that we can skyrocket after official mobile wallet released. Which month should we expect this? It have been already 4 years of zec existence and still no official wallets for most popular platforms. Judging from zec team speed we should expect this in 2020 at best.
upd: I’m not sure that official mobile wallet itself would rise zec to the moon. But I believe real adoption would be impossible without it.
i’m sure team zcash is sitting around right now discussing how ZEC should take advantage of the bcash saga. hoping @zooko /team has a plan other than shitposting on twitter. zooko’s chased away GPU miners (significant amount of the original community), and gone out of his way to scare-off darknet markets. no way he doesn’t have a plan to replace these users with a different set of users, right???
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Who knows, he is rich already, maybe he doesnt care anymore.
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So is anybody dare to make a speculation? When? How much? 
…I have a buy order at $65 so it’ll probably start going up now.
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BTC defending long-term support could indicate bears have run out of juice. possible double bottom reversal after $4K defense. extra nice since BTC defended critical level during a huge US holiday.
