Good analysis… might I suggest someone create Bitdollars, or Bytecoins under the same logic. 
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Hehe, not really. It’s a play off the Bit Gold white paper by Nick Szabo. It was back in '98 and a predecessor to the bitcoin white paper. The reason it was “gold” was as a decentralized digital asset platform as an alternative to other asset investments, like gold.
Suppose it could have been called Bit Silver or Bit Platinum.
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I was thinking bitcoin Platinum might be next (i like bitcoin tantalum, its fitting) then even more absurd eventually bitcoin universe, bitcoin goggolplex, infinity, then it would have to be something Chic like bitcoin carbon, bitcoin oxygen, bitcoin prism. I don’t know what it is with people but they like that kind of stuff
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Yeah it’s just human psyche, Platinum is much more rare than gold is but gold is more expensive, its had a giant effect on human affairs over the past few thousand years
Edit- so just tell your friends that it isn’t their fault per say that the idea of Bitcoin gold appeals to them (or anyone else) it’s just that their visual cortex flashes an image of actual gold in their minds, albeit for an instant, which releases some kind of chemical reward serotonin-norepinephrine whatever which they interpret SUBCONSCIOUSLY as a green light.
Edit-obviously a blind person won’t see the image of gold in their minds but assuming they understand its value will be affected similarly, possibly more so, but through other senses and memories pertaining to
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There is already Bytecoin
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You are oversimplifying it
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Most people think that most people think.
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I hope i dont get ban for posting a link, i broke the link so its not officially a link: just remove the space infront of https for an interesting read.
[Edit by @daira: restored link. Generally you won’t hit the spam filter unless you post multiple links to the same domain.]
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ameno 
@kek so what is your prediction for today?
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don’t like making daily predictions in public (went against my own rules a couple times on this, and didn’t like it)… i’m sticking with my original forecast… basically, was pushed back about a month due to latest BTC shenanigans. i see ZEC recovering to $300–but $300’s will be gone in a blink. $400 will be the new normal… thinking by mid november we’ll see ZEC start testing +$600.
the people selling @ current levels are litterally being ripped-off. oh well!
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Im gonna hedge on that a little. Something about the last month makes me less confident we will find consistent 300+ prices this year, but we will be pushing 450-500 for a short period some time after the B2X fork in November.
However, this is somewhat new territory for this coin as it’s only 1 year old. I can’t say if the holidays will be a positive or a negative impact on price for us.
ZEC as a Savings: Normally the holiday season is a good thing for markets, but not for savings mechanisms, which ZEC is looking more and more like. (price stagnates/slips a little)
ZEC as a Medium: But, increase spending with an up market could also mean increase demand for a currency that can “wash” the history of your earnings/spending with a z-address transfer before cashing it out/spending it. (price goes up)
The silence after the fork
yeah I thought the price was a little cheap too
silence before storm
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My 2 cents. We have a very active mining community but what will drive the Zcash price is its usability. We are still a long way away from this and barely anyone is actually transacting with ZEC as a result. There are some developments to be released soon such as low memory proving and delegated proofs which will help but I think we are going to have to wait until Sapling to see any meaningful and sustained move in the currency i.e. 2018. We’ve consistently seen any pops are opportunities to be sold. Fortunately, there does seem to be a strong floor of support, therefore I expect us to be largely range-bound for the foreseeable future.
I do believe Sapling has the chance to be a game changer with regards to adoption in that z-transactions can be feasibly implemented in a mobile wallet.
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From almost a year ago, looking good so far!
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I wonder what happened to the trader who used to post in this thread and was actually trading zec on margin. Hope his account didn’t go to 0 (or worse).
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What if the rumors about amazon would be true and amazon starts accepting bitcoin?
I think i’ll give bitcoin a crazy boost. But will this be at the expense of Zcash and other altcoins?
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Amazon accepting Bitcoin would be great news, getting crypto, even if only BTC for now, to the masses will be a great boost for everyone. Although, altcoins will suffer on the short term, i think that on the long run it will be a good thing. Imagine in a few years ZEC on Amazon or Ebay or something like that…
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