Price Speculation

This is it guys, either we break out now, or go back to 0.08 BTC

This is one of the main reasons I think Zcash will be THE privacy coin people look to in the future. That and it’s still early in the halving schedule, so we haven’t seen a change in the stock-to-flow ratio really occur yet.

2 Likes

opt-in privacy coin fits better in my opinion. We are far away from THE privacy coin with just some minotirty using the ZEC privacy options…

Probably is better to refer to it that way. I believe people have the right to privacy, but they also have the right to be transparent, and Zcash offers both. I think we will see larger adoption of Z-addresses once more wallets support it and once the hardware wallets enable it.

Why to be depressed, we need to relax and wait for good days

-When moon?
-Wait few days maybe

1 Like

Crypto mergers are happening at the same time that FB is releasing a “stable coin” with Visa, Mastercard, PayPal and Uber are among firms that will invest around $10 million each in consortium that will govern digital coin.

The end is near.

There are signs that serious Bitcoin correction is about to happen. Bitcoin is almost done forming Head and shoulders pattern, as well as the rising wedge pattern in last 7-10 days which is bearish pattern.

When this happens, value of Zcash will probably drop to ~$60-$70 again. This should be last drop of BTC before 10k. Stay safe.

Binance, :man_shrugging:
Maybe this is the beginning of the FATFs sweep

1 Like

Thought the same …

1 Like

Head and shoulders complete, BTC dropped at rising wedge edge, don’t say I didn’t warn you.

And apparently it decided to go the opposite way… Zcash is in the green against USD as well hope it continues to go up!

1 Like

The only ones that did “better” are chítécoins



Courtesy of coincenter

1 Like

https://medium.com/forbes/the-bitcoin-price-has-skyrocketed-over-the-past-month-for-these-3-reasons-a4b0501693f3

https://medium.com/blockchain-positive/facbooks-globalcoin-is-coming-in-10-days-a9d40ee2a18f

It wont be available to general public till next year which it states as well

Oh boy! Venmo on a blockchain! :face_vomiting:

:face_vomiting:

Heres a summary, its funny but like its really bad for privacy and Zcash in general
https://twitter.com/jerrybrito/status/1140909167814807552?s=20

1 Like

if every facebook user are given an address, what is the point of a cryptocurrency?

1 Like

Well not all of us use Facebook (some of us ditest it), Libra is just another centralized payment system not unlike Paypal or Venmo, controlled and censorable, just happens to use a blockchain (why idk)
You could say Libra is the point

4 Likes

Any clues as to what is driving current ZEC price movement? The last week or so has definitely set a positive trend.

I personally don’t have a clue just hope it keeps going :rocket:

1 Like