Price Speculation

Sad really, probably how i would have concieved to encrypt data with massive scrammbling, the problem was the designers intentions and the user community

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Any reason for this downward trend? Is it because the of the Korean holiday ending before all the bithumb trading occurring tomorrow?

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It’s already past 8am Monday morning in Korea. The Bithumb trading could be having the opposite effect. Highly doubt it though.

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These are all expected moves…if we break 225 down to 200…market sell off due to btc gold fork…everyone needs the free coins…

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After th fork we will fly my dear…fly fly fly…

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Im about convinced these big sells are just mega miners holding out until “times up, gotta pay the power bill right now.”

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is still ZEC decentralized :slight_smile: ? sb control of 40% mining hash power in one time …

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Yes still decentralized , new article

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I am really excited for this downward trend for ZEC at the moment! BTC is slowly climbing while ZEC is slowly dropping. When ZEC made a run a couple weeks ago was when BTC was slipping a little. An inverse relationship between the two creates some great opportunities to make some gains. Also, this may illustrate that ZEC is developing its own niche. While people have speculated that ZEC could be used as a safe/anonymous storage of wealth while BTC slips a little, this is the first time I feel like we have seen clear evidence of that (when ZEC starts slipping as BTC climbs).

Always feels odd when a price drop seems like a good thing.

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Nothing exciting about this at all, price movement like this only hurt small time traders buying this, price going from 0.10 to 0.5 in just a few days is not the way to instill confidence in a coin.

I for once am really feeling the pinch with prices droppping like a rock and there are zero buyers around, its just keeps falling and falling. At this rate it will reach 0.0.23 area fast, this shit is so freaking manipulated as fuck.

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We need some good news to get use out of this pickle, and the last news about the improvements in memory usage and time etc did not do shit for price.

Not really sure whats up with zcash, but its either extremly manipulated or people are selling alts to buy btc for the bitcoin gold coin.

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LOL…it will not get to 0.025…or anywhere close. At 0.035 I would dump my entire real life savings into it, and people with a lot bigger wallets than me would do it much sooner.
0.10 was an abnormality that I wouldn’t expect to see again for a couple months. I expect the exchange to stay around the 0.045-0.065 min-max range. Anyone who really watches the market knows anything sub 0.049 is a strong buy indicator. The only thing that would change that would be something catastrophic to BTC, which I don’t see this BTG thing as being that big.

edit: type-o

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Hope you are right m8, im just moaning alot cause of this drop from 0.10 and now down to 0.05043 as we speak.

I will hold on to this one for a few more months and hope that the Q4 fund that Berry Silbert talked about comes to pass, and that we can get some strong buying come in again.

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And insulting it is the difficulty level :confused:

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Buy on lows, Sell on highs
:wink::wink::wink:

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well i see only positive things in this drop :smiley: i would say it depands on your perspective of view

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Let’s see a big drop so I can make a big payday later. Loving the numbers right now.

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Set buy orders under 0,03 and you’ll be happy late november for a 3x or more in late november, early december.

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This is the time for great shopping, promotion up to 25 OCT. 1 zec = 174Dol 0.38BTC

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I think this current last day or two is for the potential for BTC Gold… People are selling their alt coins to try to get more BTC at the moment, so that when the fork happens, they’ll get their BTC Gold. Remember over the summer when BTC Cash happened. Same concept. BTC will spike, then sell off promptly after the fork… we’ll see gold fluctuate back and forth… then all the alt coins will pickup again, including ZEC. This is a current buying opportunity to do the reverse… buy more ZEC or other alts now, and watch the ride back up (at a higher percentage gain than those riding the BTC train).

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