@zkcroc Am I right in speculating that the value of zcash will start to rise exponentially the moment people start protecting their coins (stopping using transparent addresses)?
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I believe that people still don’t know or have no interest in using the true potential of Zcash (privacy) using Zcash only as investments or speculation. They forget that Zcash is much more than a way of investing, it is actually a protection against governments, avoiding confiscation and maintaining a certain layer of privacy. Zcash is not intended to be used for illegal acts, which is why we have optional privacy, the government can know the origin and destination of transactions in my wallet, but I have greater privacy to the point where it is not possible for anyone to know of my movements, without the possibility of knowing which wallet belongs to me. I think this is incredible for companies and rich people. how many times have we heard that company x sold or bought Bitcoin, person or company y moved their coins to a coinbase wallet, government z made sales on coinbase, making the speculative movement more intense due to the fact that it is easier to know when coins leave a certain wallet.
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I don’t see price appreciation dependent on the number of shielded coins specifically… however i think there will be correlation between the two.
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These numbers come directly from running the zcashd full node! See here and look for the ExtractSupplyInfo section.
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With most of the coins if you simply want to pay your monthly rent with crypto, your landlord will see all your balance on your address and if he digs a little deeper all your past (and future) transactions. That’s beyond dumb (and dangerous). Once people really start using crypto instead of being gamblers on centralized exchanges, they will figure that out quickly (probably the hard way unfortunately).
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despite Bitcoin being lateralized, Zcash increased its value. If Zcash continues to increase in value while Bitcoin remains in the price range, I believe we have a great chance of the value reaching levels of 2020/2021.
What holds me most here in the community is the fact that I communicate with people who believe in the project. For me, I would disappear, accumulate Zcash and only sell it in about 20 years when I retire. Sometimes I think that even if I retired I wouldn’t sell all the coins, I trust Zcash more in my portfolio than buying shares in companies.
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It is interesting to note the strength of ZEC when Bitcoin has big swings down recently. The question I wonder is if it will sustain this behavior?.. If Zcash is truly going to be used by folks like @gordonesTV out in Venezuela and by community members in other unstable areas then I would think price stability/strength would be important.
How has the volatility of ZEC impacted the Venezuelan community?
Do Venezuelans see ZEC as a good means of protecting their wealth and savings?
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What a good question.
The truth is that those of us who use and store ZEC in Venezuela are very few. It is part of the effort we are making: that more people know about Zcash and use it.
But the few of us who are here using ZEC do believe in Zcash, even if its price goes down or up. In fact, we always tell new users that the important thing about Zcash is not so much its price, but its technology, and the preservation of privacy and security.
Of course, we want ZEC to go up! 
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In my view, Zcash is undervalued, there is nothing wrong with Zcash technology, the only problem we have is the development fund (in my opinion it doesn’t affect anything). I believe the low value refers to the regulation of privacy coins. I believe that one day, I hope it’s soon, the value of zcash will explode upwards and everyone who spoke negatively about Zcash will reconsider their thoughts. I believe we are in the ideal time, there are few of us, around 700 thousand or a little more, we will all be whales, while in the future many will buy ZEC at a very high price like Bitcoin. What will we do when the price goes up a lot? Let’s spend the coins, but keep the coin in our wallet, without selling everything. At least I will be like that, I don’t have the courage to sell everything and deposit it in a bank, as I feel safer with a Zec wallet.
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@gordonesTV Is the government blocking other exchenges? Did the government say anything regarding this ban in Venezuela?
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Mind blowing how much crap sits in the top 100 apart from ZEC and a couple of other coins. A cleansing is long overdue.
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@tokidoki This top 100 is on which website?
I didn’t imagine Zcash would take off so much. we will never see Zcash at lows again.
coingecko. they track the correct number of ZEC issued.
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coinmarketcap uses bit wrong data and calculates Zcash mcap with higher amount of coins in circulation so it puts it also higher than 100 on the list. its misinfo but they havent been able to fix it for long time 
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No. So far only Binance, and they never give an official message.
So far in the country is blocked:
Binance
Microsoft (and all its services, Teams, Skype, Xbox, etc.)
Pinterest
Twitter (X)
Proton
Signal
MercadoLibre
Statista
And surely other services…
This is not in the news.
Guys, I have a question: is it possible for a government or several governments to be able to block a cryptocurrency? if the government or several governments want, can they block Zcash, Bitcoin, etherium and others?
No. To block a crypto you would need to block the entire Internet. Just like with what’s happening in Venezuela and China people will find ways around any blocked content.
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Nope! They can’t do that!
They can neither stop the network nor prevent people from connecting and opening a decentralized wallet and making transactions.
That’s why this technology is so powerful and dictatorships don’t like it.
What they can restrict are centralized platforms and wallets.
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