Disappointed that it didn’t do x100 one second after you bought?
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Look, I don’t know you, @m00nspeell and won’t pretend to and also I’m not a big investor or something like that.
But you did say you invested in all those coins… why not wait a bit for ZEC to mature, it doesn’t even have one year and it’s already doing good… just sit a bit on it if you can.
Also I do think that probably, most of the hate towards ZEC is because it’s so new and it gained popularity/value so quickly. We still have so much to do with this coin, devs have so much to update on it… it’s literally almost at the beginning and it’s making headlines alongside BTC, just have a little patience, if you can.
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I think people supporting other coins may be threatened by Zcash and it’s technology… Classic bully tactics!
Not exactly. The way I see it is that Zcash has not put out any real major updates or announcements recently. I don’t expect people to support something if they don’t see continuous updates like other currencies. That being said I am not saying I don’t support Zcash. This is what I have collected from outside communities.
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Bingo Blue, this is the real problem, developers not put out any real updates, and people lose confidence in this currency! I am very upset at the zec team, without updates, marketing, and new contract this coin will fall. Also i mined zec from the first day, i know very good what’s happening with this coin (my zcash account was made on oct 27). Maybe XCat protocol will save the day…i hope so.
It’s like everyone is on repeat.
Zcash needs to resolve it’s memory issue before it can move forward. If you follow the Dev Updates you know this is coming and that the developers are indeed working.
This is available to everyone:
https://forum.zcashcommunity.com/c/dev-updates
As a community, we should be spreading the word until Zcash is in a better position with PR. When a developer updates, we should update those around us by whatever means necessary. There’s a lot of complaining coming from the community (and I’m not disagreeing with the premise of that complaining), but most aren’t really doing anything about it.
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hang tight guize …we’re really close to draining the people selling @ current levels… my spidey senses are tingling … side note - really busy IRL… will get to pms, and q’s when I have time to give thoughtful answers (not ignoring you)
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this is annoying… and somebody is raping us on kraken. anytime we build up steam, some shithead will tick down the market…this imo, is a large buyer… cannot really fight this because our market is so illiquid …silver lining is - there’s a very large buyer raping our markets
[Moderation edit: please do not use the word “raping” metaphorically, it can be triggering. I will delete posts that do this in future. --@daira]
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The rules of the markets are the rules of the markets, you’ll have this even in a good MMORPG, I can assured you that this “large buyer” lived thousands of time the feelings your having right now, just don’t ever stop studying!
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one way to possibly solve this is allowing leveraged trading …unsure why kraken hasn’t allowed these type of markets for ZEC yet. XMR had them with less volume… mebbe we don’t have enough available supply. USD is still sidelined. oh well… thought we might be able to break this guy yesterday, mebbe today that happens… sucky, we can’t tank the price to spook him off, because that’s what he wants… reeeeeeeeeeee
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It’s a pretty significant wall. Somebody REALLY doesn’t want ZEC to go higher than $274 for a while. I’d be curious to know the reasoning but I doubt we’ll ever know.
150.000 $274.050
150.000 $274.049
350.713 $274.001
885.748 $274.000
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it’s a large buyer capping the market, imo! usually, i’d be excited about that, but this cat has been dominant for days!! what bothers me is ; according to the way the bids are staggering; think it’s a single entity
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He really wants that ZEC at that price. It is something to be excited about. It shows someone is extremely interested. But you’re right, at this point it’s hindering growth more than anything else.
904.527 $274.000
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it’s unsustainable, just annoying … should leg-up $300+ once this whale gets their fill. just hate they can boss the market around like this…
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I both hate it and am jealous of it 
Hahaha I wish I had that kind of cash to throw around!
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It may or may not be that ‘the whale’ is trying to spoof but in that case he is trying to make the price go up not down. After all, he is placing large buying orders.
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love it when a buyer bids the market-up with a decent order, and 2 seconds later somebody dumps very small amounts of ZEC under market; to tick the market down $5. real neat. it’s blatant, and causing problems because our large sellers aren’t falling for it… so, we won’t have a single trade for 10 + minutes at a time. this will end very soon…
thought it was going to end yesterday, hopefully today’s the day.
reason i’m reeeeeeee’ing is our next leg-up should be extremely violent… getting excited, and impatient
just fired kraken a request to allow leveraged ZEC trading… if you have a minute; you should too.
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453.971 $270.001
603.969 $270.002
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From a mining aspect, keeping the price down for a little while longer is a good thing in my eyes. Hopefully keeps the difficulty a little manageable and allows the miners to stockpile a bit more before prices rise and we get a whole bunch of attention.
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Difficulty just skyrocketed to 58 when the network hashrate went down… this makes no sense at all.
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