Price Speculation

I think we take 240 and go down again to 198. If BTC will be enough weak, we can continue falling to 170 etc… If not, we can take 260 or more :slight_smile:

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The support level is ~200 I don’t see ZEC falling to 170 any soon <3

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Yes, i think you are right. There is no signs yet for drop below 200.

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These are just dead cat bounces. Don’t keep your hopes up. We dont have enough volume to go over 250-260…we need at least 50mill in volume fo that…not happening anytime soon…

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Hahaha…getting obvious now, all you FUDsters
Accumulation done & getting ready to pump now?
Bring it on, I am HODLing and ready for takeoff…

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Maby at the end of september.

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So Guys when you think all we go down to 200, 175, 150 support levels?

Most of us have invested on ZEC and all of us want to know when price is going to rise.
We also do questions like when do you think that price will rise or this is a guess etc.
In my opinion we all ask the wrong questions. I believe that the correct question is “when BTC is going to rise again” so
altcoins rise too. Also, i believe that an other correct question is when china will stabilise and organise again
and bypass these last days problems so all crypto coins get a pump.
These from a noob miner and trader…

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I agree with your thoughts but I also want to add that the only way and I mean the only way ZEC price will go up is when there is something new about ZEC. Nothing has changed on the front end of ZEC that would change a non-believer to a believer in ZEC. In the meanwhile I’m just sitting here waiting for a nice big update that would give a spark to the huge potential ZEC has.

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Over the weeks i have emphasised some critical levels over and over again. Many people disagree due to reasons known to them. But i will state them again.

BTC falls below 4500, ZEC falls below 250
BTC falls below 4000, ZEC falls below 200 (happened yesterday)
BTC falls to 35-3700 and below, ZEC will go to 175.(expecting this to happen this week end)

These are very important levels and are EXCELLENT accumulation levels and this is the cheapest ZCash will ever be…we are going to form higher highs and higher lows after this btc correction phase finishes.

We are bullish long term and will see $1000 in Q1 2018. Period.

As far as market is concerned we will see a 3000ish bitcoin soon and UNFORTUNATELY ZCash will follow the same price trend but i dont see us falling below 150 (170 will be the bottom imo) unless something unexpected happens (situation with China)…either this month or next i am sure of that.

No asset can just keep growing and growing without a correction. A price correction every now and then is critical for any asset to ensure a bullish trend is maintained over a longer term and also ensure successful maturity of the asset.

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how you guess 3.500 $ BTC?
how you guess $1000 zec in 2018 Q1?

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I just wish the network hash rate and difficulty would reduce with the price. Just keeps growing. :frowning:

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True… Frustrating situation, as for me - price is dropping, but more people come :slight_smile: A lot of complaints regarding lack of regular updates from the devs, but more miners mine ZEC.
Seems, like some “big fish” knows something valuable.

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I do not think so. Many big players invest big money to their farms and need very quick ROI. You have to realize that they have contracted much better price for electricity than common household and are still more profitable than most of us. I do not expecting significant decline of net hash, may be some slow down of rise…

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If you can, just hold your Zcash as tight as you can. Do not sell it or fall under pressure. Wait till acumulation period finish. Then, you’ll see the real power of Zcash. I’m talking for period from october till january 2018.

Also, my intuition is telling me that ZcashCo will make an announcement about something impotant at the high increasing price moment. That info will additionally push up price, more then techical analasys can predict.

But, this is just a hunch because i will do that way. :grinning:

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itoldu

$100

Is price going down only because people are selling their zcash?
What suckers are selling at this price?

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not even close. have a long way to go for you to be correct, but, you just threw a random number out there. you’re not going to hit it.

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anybody selling in the 1st year is going hate themselves in 2018!! we actually start in oct… oh well… back to vacation i go …laterz!

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Enjoy your vacation, @kek

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