I think apart from high inflation the main contribution to price-action appears to be trust deficit because of broken promise with continuation of dev fund which appears to be imminent.
Strangely we should better atleast look and learn from XMR (part limited to dev fund) as to why it can’t be implemented here.
Even coins like Aeon (irrespective of how small they are and where their price is going) also opt for voluntary donations – Not forced one.
Disclaimer – I am not a miner,i hold ZEC but didn’t like this change
this post shows the hatred people still have for ZEC. to be this upset after two years when the commentator didn’t even lose any money is striking. we lost these people, and didn’t have any plans on replacing them with new users.
I have something in store when I get some time I will make a thread about it I have so much work that I have to finish up before the holidays that I barely have any free time at all. And of course the slacker that I am I leave everything for the last minute.
Hey @Autotunafish, @ChileBob, @kek could you please vote here? I might need this service to lend against my stash I want to try some arbitrage trading but dont want to loose any ZEC.
I dont recommend this service to anyone as I didnt do enough due diligence yet. I am just thinking it might be useful to me. You can use a burner email.
Today was ZEC/BTC ATL but we should still recover for the day. We are much less liquid and will take some time to correct up with BTC. This would technicaly be considered a double bottom even if we close here. It doesnt have to be an exact same price.
Weekly double bottom.
It’s not my target, but my prediction. And i didn’t hit it yet as i predicted 0.0035 and not 0.0036.
Actually that’s the way to go, i as well wouldn’t listen to anybody, no matter if bearish or bullish if it’s not close to my own logic, prediction, calculation, graphs and charts.
And of course you never know, sometimes there might be something nobody can forsee and predict anyway. In my opinion a prediction is just an calculted outcome/result without any garantee, hence nothing to feel sorry about if you missed some chances, maybe your own prediction will lead you to better results … you never know.
You said that it would go into the 0.0035-0.00365 area and that it would trade in that range. Geez I have to remind you of what you what you said.
This is true. There was actually no other path for me as I bought my eth for $2.60 and sold it way too early. This is a clear over-reaction to the fact I missed a nice little pension with that ETH. I have become a hoarder with ZEC I was doomed from the start
I also believe one day zec will moon. And may be it will be even 10x.
From $1 to $10 for example.
This day all hodlers will celebrate and all bears will regret they have not bought zec for $200 or even $70 when they had a chance.
If you look at any historical chart of any coin following a BTC like distribution model you will see that they have bottomed out about a year before their halving and that their gains were significantly more than 10x. If this market is cyclical (and we dont have enought data yet to claim that it is) ZEC going to 1$ and “mooning” to ten has no basis in price history of any legitimate coin in this market.