From Minute 3:30.
I’m always a bit wary about the “it’s dead” calls, So even if I thought Bitcoin looked toppy here, there might be another leg up after all (or not who cares anyway).
Bitcoin becoming simply a gambler’s paradise is peak absurdity and we know how it ends.
Will it bring the whole crypto space with it is another question mark.
Let’s face it, why would a Bitcoin whale invest in Zcash.
The Bitcoin Ponzi scheme is designed so that when the price of bitcoin falls, the price of altcoins falls even more than that of Bitcoin. This would be like if Porsche shares fell and all other automobile companies like BMW and VW not only fell with it, but much more. Is that the case? No. This kind of nonsense only works in the crypto market and yes now people will explain why it’s normal that all other coins fall much more if bitcoin falls without using their brains. So up to this point, the crypto market is designed, or in other words, Bitcoin is designed so that all liquidity should flow into Bitcoin, and that’s exactly why other coins fall much more than Bitcoin when it falls so that you don’t get the idea to invest in something else.
So what would happen if a large group of whales sold bitcoin to invest in zcash?
The moment this group starts selling their bitcoins to buy zcash, they would reduce their capital because btc falls and zcash even more, but that’s not all, the group that still owns buitcoin could always dump the bitcoin price to cause even greater financial damage to the other group.
So long story short, as long as zcash does not free itself from the clutches of bitcoin, preferably from the central exchanges, there is no justification for large or big amounts of capital to flow into zcash.
This entire ponzi scam is designed for bitcoin. The altcoins only serve to bring capital into the crypto market so that this capital can be absorbed by the bitcoin whales to continue filling their bubble.
I think you may want to consult some charts before you dig the hole any deeper.
I was just noticing yesterday that ZEC was down only 3-4% when BTC was down over 8%.
Additionally it should be noted that ZEC has recovered back to recent levels while BTC and ETH continue to suffer outflows.
Anyone with any time spent analyzing charts or price action can notice these divergences. They are bullish indicators of underlying support and/or demand.
There is much more to say about positive attributes of this project, but that can wait, I just wanted to comment on your POV of a declining market sinks all small boats.
Heck, I always peruse the up lists on down days, even the those down much less then the general market leaders for ideas and well supported issues. I really believe most crypto projects are suspect, just because I can’t really get my head around what they actually do.
Back in the early days of the internet (dot.com bust days) if you had a .com site you were some kind of guru and had valuations that were insane. The crypto markets remind me of those times.
Selection is key to finding the gems in the rough… In case you were wondering, “Yes” that why I am here.
Another new month, have you given up on buying yet?
$26 per coin and miners should break even. At $27, miners make money.
Id buy at $27 per coin and no need for further developments or workers getting paid. Its good enough to have that shielded wallet finally made after 8 years.
If price is at $27, all miners are paid for their work, we can just run Zec like a shielded stable coin and thats fair.
Its smart choice not to buy it.
Zec has bottomed and will be 220 by June. I will come back to this post later.
I think hitting $100 would be a miracle at this point, it’s not going to happen.
Hello
Zksnarks still Not very wanted…
…
Soon privacy issue Will rose
hey zaylor, you are behind schedule
I agree and it proves that every cycle top is getting lower and lower. Doesnt matter who believes in ZEC, thats the fact.
Zcash price is rising. I believe it is because of the low chance of being delisted from binance. there is a risk of being delisted, but it is almost zero.
Whats the current ranking on Binance ? I cant see it coz i am in Aus.
Maybe…. Or it could be the following:
On March 20, 2025, Coinbase International Exchange announced the upcoming addition of perpetual futures markets for Akash Network (AKT), Zcash (ZEC), and Moonwell (WELL), with trading set to commence on or after 9:30 am UTC on March 27, 2025 (Coinbase International Exchange, 2025). This announcement immediately influenced the market dynamics of these tokens. Within an hour of the announcement, AKT saw a price increase of 5.2%, moving from $4.32 to $4.55, as reported at 10:30 am UTC on March 20, 2025 (CoinGecko, 2025). Similarly, ZEC experienced a 3.8% surge from $32.10 to $33.32, while WELL rose by 4.7%, climbing from $0.095 to $0.0995 at the same timestamp (CoinGecko, 2025). This initial reaction reflects the market’s anticipation and positive sentiment towards the listing on a major exchange platform.
tense day. I took the opportunity to buy some Zec.
I just tried to withdraw the few Zecs I bought this morning, but Binance showed the option to receive a notification when they replenish the Binance wallet.