I don’t think the fake volume issue is a derailing in anyway. If you build your price speculation on faked volume and/or back it up with massive fake volume any counter argument should be in the very same topic.
Additonally we all should be more aware of such issues and don’t take any numbers automaticly as granted and real, no matter how good they look and fit our pink dreams…
You achieve that money change hands from one person to another with no tracable proof of them transaction between each other. Like I said they need to make a payment one to another. They have ETH, but ETH is very much traceable. So they buy Zcash, wash it around in couple z addresses in their own wallets, send it back to that exchange in different amount and to couple of accounts, sell it back to ETH and withdraw.
Money has exchanged hands and no one can tie those 2 together.
Also one more thing. You can find people selling you their KYC information, with pictures and all for 50 euros. This is how secure KYC is.
Mate, it’s not working like this. Have you ever had a real tax audit and the tax office coming to your offices?
In my career i have dealt so far three times with investigations on tax evasion with this and i can tell you that’s real serious. I was subject NOT because i was subject to them but because i had relations with 2nd and 3rd tier people that had investigations and came that way on their radar…
If you think nobody can tie those 2 together you are just plain wrong. As soon as the tax office or some investigation service begins investigations on a given person/account/company all others having financial relations with these are investigated too, just logical that they follow the money flow.
In your case scenario this would mostly begin on the exchange account holder. He than has to disclose to whom and why and what he transfered and back it up of course. Now they have the data from the next chain and investigate him as well. That’s how financial investigations work and just because a ZEC zadress gives you some privacy online doesn’t prevent you being the target from a real life investigation for sure.
Hence why i said, as soon as you (or someone else in the chain), has dealt with a KYC exchange your privacy and anonymity is exposed.
It would work only if you stay below the radar with smaller amounts, but i personally consider 130million daily not a small amount, lol.
As a side note, hopefully you never get subject of such investigation. Seriously, they size everything and freeze everything for the period of investigation and you have to proof/explain all money flows for the last up to 10 years… That’s a hard task and no fun.
Mate, this works with small amounts not with bigger amounts. Ever checked the requirements of KYC for bigger amounts? Detailed bank information, proof of income, tax declerations and whatever not, if you are going to trade with bigger amounts…
That is true, but who says you cant make a bunch of small accounts.
Ok, i guess you need below $10,000 daily to stay under the radar.
This would need 13,000 accounts, 13,000 phone numbers, 13,000 cell phones, 13,000 daily logins, 13,000 different ip’s, 13,000 faked KYC’s, 13,000 daily tradings, 13,000+ ZEC wallets (1/2 of the excisting active ones!!!), 13,000 the KYC process, 13,000 whatever. Really? Come one, there are better more easy and efficient ways of money laundering where you don’t involve a KYC exchange …
But that’s indeed offtopic now, agreed.
agree, but this argument should take place in another discussion.
Fake volume has influence on the price? Great, so what? One fully detailed post wasn’t enough?
I’m not saying you are off topic or that this issue shouldn’t be addressed, I’m just asking if we can keep things simple and keep on speculating as we have been since the inception of this thread. There is no need to dig deep into arguments that can be much more productive in a seperated thread.
Yeah this is unlikely, fake volume is more likely.
It’s traceable for the exchange; they know which account(s) were involved in any transaction. If you’re law enforcement then there are basically two cases: if you have evidence that the exchange is in on the hypothetical money laundering, you raid them and get their keys. If not, then you get them to tell you about the transactions you’re interested in.
apparently nobody knows?!!! weird! coinbase still not listed on CMC.
edit: just realized ZEC market’s on coinbase pro, not coinbase. coinbase pro only has a ZEC/USDC pair. who uses USDC? shouldn’t we have a pure USD market, and at least a BTC pair? do people have to convert USD, BTC, etc to USDC to buy ZEC?
It’s tradeable on Coinbase Pro, no USD pair, only USDC. (read: 5% markup) 
Well then Zcash hasnt fully been added to coinbase yet, only partially.
“Nasdaq has, it would seem, been working on delivering Bitcoin Futures for most of 2018, with Christinat stressing the organisation has had eyes on cryptocurrency for years.”
“We got into the blockchain game five years ago”
ZEC/USD pair is the most important pair, imo.
believe a large % of ZEC/USD pair could indicate new money. went through all ZEC/USD markets with volume over $1,000.
(rounded)
finex - $1.5 million
bitinka - $240K < never heard of them
gemini - $195K
exmo - $146K
kraken - $81K < this should be one of our largest markets. one of the first to list ZEC!
cryptology - $22K
local trade - $18K
cex io - $10K
bitebtc - $9K
trex - $6K
yobit - $1K
ZEC/USD pair has (roughly) $2.2 million 24 hour volume. this screams to me ZEC needs much more outreach. $2.2 million is illiquid.
side note - only other ZEC/USDC market i could find outside of coinbase is polo. ZEC/USDC pair is racking-up a very unimpressive $13.5K volume
Everything is falling again
Now, I could be wrong, but I’m not expecting the price to go lower for today. There is strong support in the 64 USD price area.
What support dude? There is strong support at 40$ sure 