Price Speculation

Any time Zcash and JP Morgan are mentioned in the same sentence I get a little nervous. I know not to underestimate the masses of people who will read that and this “good for ZEC”, but I don’t believe anything good will come from JP Morgan being close to ZEC in the long run.
Have to keep in mind that ultimately we are at odds with the fundamentals of modern financial industry. The CEO would see cryptocurrency outlawed if he could…and he probably is funding lobbyists to do just that. Anything crypto gains in the market is a loss for traditional financials.

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You just won the thread today! I was guessing our needy Panda was gonna take the title but your post knocked him over the top rope!

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Okay guys maybe you’re right and maybe I’m wrong I was trying to think of some really clever way of Defending zookos decision to which I am in agreeance with( it almost sounds like some of you guys lost money with JP Morgan and I hope that is not the case) but I think the easiest way to say it is number 21 on the Fortune 500 said we trust zec dev team with our money, I think that’s pretty big but like I said I may be wrong, been wrong before

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imo, there’s no right-or-wrong here. CEO’s job is to make money for their company. if you notice, most headlines say “integrates zcash tech”. this will cause people who aren’t woke to research, and possibly support ZEC.
funny-thing-about this: with SNARK integration; JP morgan’s “block chain” is better than 90% of current alt networks.

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It’s quite humorous - and disheartening - to hear people bash cryptos, calling it a “Ponzi Scheme” or “based on nothing”…such comments only express the speaker’s ignorance of all of it. It’s frustrating, too, for the reason that any negative talk of cryptos in general make it harder for more adoption.

Ironic that the same outfit to give ZCash a boost was the one to kick BTC in the nads. Perhaps if Zcash had a sales pro - or a staff of them - they could license their technology to other banks or create private blockchains for financial institutions taking advantage of ZKs.

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tbh, i don’t care about their opinions on cryptocurrency (never have). market obviously doesn’t either. i do like the coverage we’re receiving. coverage paints ZEC-tech as legit, and team as very competent.
really think large US exchanges might consider adding ZEC since JPM integration’s making the tech less spooky for US compliance officers at said exchanges. seriously, this is something to keep an eye on. addition to large US exchanges = mewn fuel

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At critical levels guys…225 breaks and we go to 200 then…i re entered a small position just in case…will wait to see how this plays out and enter according to that…nov is when the real game commences (>$600)…safe trading all :wink::wink:

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averaging-up my cost this AM!
one day people will figure-out you don’t sell when the market’s weak. oh well lol

side note - i’m really enjoying the uptick in volume. always wanted to see us maintain at least $50 million a day…

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A drop in price always causes people to panic. It’s a good thing though. Makes it cheap to buy and easier to mine. In the end it’s a win win for the smart ones.

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I also hope so and stay calm

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i feel that right time to buy just coming :slight_smile:
lets speculate …

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i would wait for the next week BTC fork

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My ZEN mining seems to be paying off… wtf. Time to dump

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@ Kahooli
Good job !
Had the same guess about ZEN, but dumped it @ 14. Bummer :frowning:

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Did not follow my instincts all the way through…

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Yea and should be quite tempting to invite zcash miners over to zen. Wish i had mined more, nothing new…

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Could be JP Morgan pumping ZEN :slight_smile:

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not so good news for everyone in US

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It will just force US customers to Coinbase or Crapen (Kraken). How much do you want to bet the major US financial institutions are going to start offering crypto currency exchanges in the next year. This would blow the anonymity aspect of crypto out of the water.

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