By the way, I respect and agree with the spirit and much of what you have to say here, which is in part why I agreed to come back to ECC. Another perspective is that much of what you say is also true of Bitcoin, which I maintain has been compromised and mired in agendas antithetical to its intended purpose.
I’m not a defeatist, and I deeply believe in this project, but I agree that we need substantive change. Thank you for speaking up with conviction.
We all hope to get rich with Zcash, especially since it is a cryptocurrency with a lot of potential. I understand the frustration of years passing and the value of zcash remaining low.
I believe that Zcash was ahead of its time, because most people are not concerned about privacy, people see cryptocurrencies as an equity, stock, people don’t use it to buy goods, just to speculate, make a profit and then convert to fiat currency.
I believe that there are indeed many things that Zcash and partner companies (ECC, the community and the like) need to improve, I also believe that everyone is striving to improve and evolve, but we, on the other end, as investors and enthusiasts, speculators or Whatever it is, we don’t notice the efforts and we are even more frustrated to see a currency as complex as Zcash not being able to increase its market value.
I understand the frustration, certainly many are in similar or even worse situations, with a huge volume of devalued currencies, avoiding selling to avoid losses, keeping the currencies with the hope of appreciation, an appreciation that seems like it will never happen, I know that many They think that if they had bought another currency they would be in a more comfortable situation.
I believe in Zcash, one day we will look back and laugh at this moment of difficulty, we will be able to achieve our goals, while many will give up before the time of victory.
i still buy ZEC. BTC is not what bitcoin used to be. AT ALL. I really only appear as a detractor because my criticism applies to the governance mechanism, which i thought would have been abandoned last time around. i dont know if i would have anything to say ever if there were no formal governance.
i watched the ethereum zk thing they held in greece. from what they talk about i feel like zcash is still a decade ahead. the heavy lifting core people in zcash have done is fantastic. the marketcap of zec of $3-500M has remained steady with new issuance being sold down during the hype eras. (we could be in bitcoin’s 2015 era going into 3rd halving)
im optimistic. just dont want to see any shenanigans!
Feels like we’re at the bottom. Zcash is early to the game and the benefit of privacy is that once you see it, you can’t unsee it.
Vitalik mentioning the exact suggestion @joshs made over 20days ago means one of three things:
Vitalik and Josh are homies and have late night chats
Vitalik is an active reader of Zcash forums
Pure coincidence
All options are bullish, but I think #2 is most likely.
It is just a matter of time. People with their wealth in crypto know the holy grail is privacy. Private SoV is the primary use case. Private transactions come after.
We’re being mugged. This project is starting to feel like a dry lunch for ZEC holders. Moving forward we need to:
STOP FUNDING EVERYTHING. THE ONLY EXCEPTION SHOULD BE DEVELOPMENT
It’s called a DEV FUND. ‘DEV’ for DEVELOPMENT. ‘FUND’ for ‘FUND’.
Funding anything other than DEVELOPMENT equates to FALSE ADVERTISING/DECEPTIVE LABELLING. How naive are we, the proof is in the pudding, we’ve probably spent in the region of 100 MILLION DOLLARS and ZEC is at an all time low. Development aside, you would have been better off distributing the rest among the community. Thats cypherpunk like/Satoshi like.
If this doesn’t change by the next dev fund proposal I swear I’m out.
@joshs brought up a really interesting concept regarding the dev fund a few weeks ago. I believe it got lost in the rest of the thread and most didn’t pick up on it. But boyyyy it’ll certainly get the needle moving and eliminate all complacency
Hello. I lost 6 milions dollars in crypto, but made some return worh long leverage Zex from 20 till 33… And I’m hier 3 months reading this forum, today have login first time… my word is Zec is yhe most behind all coins, in trading everything go up when is down… I think we can get x3 mininum candle whem it gets but nobody know when… I bought spot now on 23 big amount, I work with reach people investors all have over 1000 zec, in my country… maybe it can go till 14… but will come up it is not possible 8 years down… Gresthings… onlu worst is it looks like price is locked? Someone is trading with big bots… all is fixed…
Personally i don’t think so, we’ve only had a few mini rallys from memes
I think we might see a few alts close the gap on BTC but I’m expecting BTC to rip into new highs before we get a major inflow of new capital into the market causing an alt season
Funny how you see the same market dynamics play out over and over again. A high vol capitulation event pushed ZEC to all time lows, follow by a strong rally…
Anyways for now ZEC is back in the 24-34 range, which is a good sign