Price Speculation

I think you underestimate the selling pressure from miners, some of which have publicly stated they immediately sell ZEC for BTC. With halving, the selling pressure from miners will be halved.

Now then, do you think those who have held ZEC in its worst years price-wise would be willing to part with it just for a few bucks?

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My friend, I survived 2020 - 2024 and honestly it’s really rough and emotional roller coaster last 2 years.
However historically speaking, price didn’t go up immediately after halving in 2020. It had a parabolic run from January to April in 2021.

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It’s all still very recent, with many coins being distributed. I believe that after the third halving, it will have a much more significant impact. The development fund will end, miners will receive less and less, we will have the transition to POS, people will hold on to Zcash more, and there are still CBDCs (people and companies being monitored). I believe in Zcash. I took advantage of the volatility to lower my average price. Just as I entered Zcash between 2020 and 2021, many also entered when the price was rising. If we survive this period, we will have peace from now on as time passes and Zcash evolves and matures. We had the opportunity to get to know Zcash, even for those who entered only thinking about profit. Over time, we got to know the project, participated in the community, and understood the essence of Zcash. Together, we will contribute to the evolution of Zcash.

I believe that after the third halving we will see Zcash rising stronger and stronger, with Zcash becoming increasingly scarce due to the halving and POS with people accumulating. I could be wrong, but even if this never happens I will not sell Zcash.

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might not be a popular opinion, but I believe ZEC/BTC is exponentially more important than ZEC/USD. and yes, ZEC is up in both :arrow_upper_right:

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Update on my original thesis.

Wow what a strong breakout today! Price surged through the 60s and skipped them completely. We’ve now touched the next SR line I had marked, so it will be interesting to see what happens next.

I won’t be surprised for a bit of a pull back, but on the back of that momentum, it could keep going to $100…

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very good.

While price is finally pumping, Exodus wallet has issue with ZCASH and can’t send/swap. GREAT!!!

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Interesting…The same thing happened to me on Exodus! I did a swap to ZEC a couple days ago. The swap worked but when I tried to send it, it gave me an error.

I decided to download. YWallet and entered in my Exodus Phrase. YWallet shows the ZEC, but when I tried to send it I got an error as well. So, I’m trying to figure out next steps or a solution.

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Keep me in a loop pls.

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Which error? Which version of Ywallet?

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Hey guys…It worked! I don’t know what changed, but I was able to send the ZEC out of the YWallet today. :pray:

I believe I have the latest YWallet (Version: 1.8.0+554) as I downloaded it over the weekend from the App Store.

@bobseiji Give that a try. Download the YWallet and then enter in your Exodus Phrase. Your ZEC should appear in the YWallet. Let me know if it worked for you as well. :+1:

Thanks for dropping me a line @conradoplg I probably wouldn’t have tried again anytime soon :slight_smile:

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I looked up the Btc to Zec conversion and its crazy. What would be a fair conversion?

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im feeling the fomo now

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Someone just sold 100K+ ZEC on Binance.

Hopefully, a short trader. :smiley:

holy cow u were not joking about that either…

The person who sold 100k of Zec will be at a loss. I don’t believe it is a sold operation, perhaps just profit taking.