Hi all
Im new to mining Zcash
but i really enjoy the crazy panic saleout and dumping the price of ZEC because I plan not only mining it but also buing it and this is a nice oportuniny for me i just wait for the Zcas to hit the 200 eur/zec to do the purchase just a question should i setup it less like 180 or 150 what do you thing will it go even less then now 220 eur ?
Price is rising and falling…mostly falling…not what I hoped…no hype from the Alphabay news…lets see what happens from 1st July onwards…this needs to go 4figures in price…
yeah, and ETH price is moving closer to Zec price today, only aprox a 5$ difference. But we’ll see tomorrow what kind of correction we will see. I will definitely be watching closely how it will develop.
imo, goldman sachs technical coverage of bitcoin markets are accurate, because they completed a test pump, they should know. new report from GS believes BTC will hit $4,000. personally, think BTC could hit $5,000… but that’s not why i’m writing this. quick-n-dirty analysis: BTC’s 2017 bull-run will continue; probably hitting ATHs. with GS, and other institutions accumulating; BTC market is currently moving sideways as we build support in the $2,500 range. upwardly sideways movement with occasionally violent rips in both directions will continue into the fall/winter. (zcash will follow this trend) if you wanna know what happens in winter 2017-2018 you’ll have to read my blog, if i get around to starting one. side note: we pumped with BTC, interesting thing is; $450 did not get violently rejected. we just need to defend $300…
Yeah so that’s clear that you predict both Zcash and BTC to go up by the end of the year and which one would you say is better investment if I want to grow my capital as much as possible and get out around november-december latest?
I guess Zcash is will grow your capital more by % due to lower available supply. but I’d say Zcash is a bit more risky.
Also bitcoin could still be a risky buisness with Segwit2x coming up, but then again it could also have a positive effect if this will solve all the scaling issues before implementation of 2mb blocks.
That’s what I predict say with my limited insight!
preface my opinion with this: as an investor i’m much better at long term forecasting over daily movements… that being said, believe BTC’s trading at the mid/high point in my range; whilst ZEC is still in an accumulation cycle on the lower end of my range. imho, you’ll see greater percentage movement with ZEC… but ZEC will remain “tied” to BTC throughout 2017… 2018 things will get interesting. i’ll share my thoughts when the time’s right!
IDK. If Zcash team is able to resolve Poloniex issues soon, then I expect Zcash to climb up, other price will crash. The way the team is handling it is not good at all.