At what point do the speculations stop being speculations and start being wishes? BTC up to $6,300 ETH up to $306 and zcash is still hovering at $230 for the last 5 days with no real movement. Seems like people aren’t buying into it as they may have hoped.
A measly $7M volume in 24 hours. Seems like Zcash is simply losing any sort of notability and is fading into obscurity. To be honest, there may be great tech behind it, but the Zcash team has done a very piss poor job at marketing this. I know they have a position open, but jesus, time to simply hire someone and stop pussy footing around. Doesn’t matter how good your tech is, if no one knows about it, it will fail (think Betamax vs VHS and HD DVD vs BluRay).
I think you’re being a little over dramatic. While zcash could use a marketing boost, there’s hardly any point in doing so until the resource issue is resolved (and it is, but hasn’t been released yet).
Once you can move money using a shielded transaction within seconds and a fraction of the memory that’s currently required, I think we’ll see that boost in marketing. Until then, what’s the point? You can’t even use shielded transactions on a mobile device at this point so it would be an insanely poor use of resources to market it as is.
At some level i think i agree with you, However i also disagree with you.
As stated in the post above yours. Someone has a massive sell at 300. Which i holding the price down. It seems there are some whales that are keeping the price down. Once they are ready i think the price will sky rocket. They are created a false floor IMO. I am not an analyst but that is my opinion, for what its worth. It is frustrating that we never seem to gain momentum. We have been sitting around 230 for months. We have small spikes ,but they get shut down as soon as they start. I believe someone is manipulating it that way.
ETH was released in July 30 2015 and didn’t reach USD $200.00 until around May 30 2017, 2 YEARS later
LTC went live October 13 2011 and its all time high is USD 93.00 and is current in the 50.00 range
Dash was released as Xcoin in January of 2014, then did a rebrand in 2015 and didn’t top $200.00 until Sept/Oct 2017
Zcash has just recently turned 1 year old, and is doing better than any crypto currency before it.
Crypto articles are the most biased things ive ever read, theyre contrived from meaninglessness because there’s usually no real news but its how theyre paid so they gotta write something like " bitcoin price reaches all time high market gains absolute confidence" ; please
Might as well just do a cryptocurrency version of The National Enquirer, something like this-
SCANDAL! Unknown dangers of zk-snarks, Paige now glows in the dark!
Is Zokoo from Mars?! This Montana man says yes!
This Brazilian woman’s crypto wallet freezes, captures image of Jesus on screen!
Plus horoscope!
Edit- new Dead Sea scroll Revelations; it was a blockchain!
My observations have been that ZEC tends to miss out on the other currency movements. If something big moves bitcoin, then people leave most alt currencies and go to BTC. From what I have noticed, people tend to move into ZEC specifically when BTC is stagnating. This likely won’t happen until after the 2X fork on the 16th(?) of November at the earliest.
Also, the last three peaks happened at the end of their respective quarters.
2nd Half of March: $90 (highest point to date in 2017)
2nd Half of June: $449
Sept 27th: $409
Only 1 calendar year, so not that we can really draw conclusions (but this is speculation, right?). But this is definitely an interesting pattern. It would mean our next spike would make for a very merry Christmas.
Don’t get me wrong, I’m a miner and I REALLY need a spike in November. Got bills need paying.
once sapling hits people will slowly become more aware of exactly how much of their personal information associated with Bitcoin, this supposedly anonymous cryptocurrency, is being tracked and sold
After looking at the price this morning I wish I sold a little last night. Could have picked up a tiny amount. We are going to be bearish for a while and that is a good thing. I wouldn’t worry with the price it’s at right now. If it falls below the $200 mark, then I would start to get nervous. I would personally like to sell right now to fund expansion of my mining operation.
You know things will get better when @AL888 shows up to tell us ZCash is going to tank.
Going back to what I said before about associating Bitcoin gold with real gold; not even gonna leave that up to chance
Bitcoin Gold Team Touts Safety Update Ahead of Coin Release
Zcash has been very volatile over the last month. The price will rebound. It was down to $200 a few weeks ago and it went back up. Give it time. I know we are in trouble when the overall hash rate of the mining pool starts to drop. Besides the spotlight is on Bitcoin Gold right now. We just have to wait until that storm passes.
Wow, BTC over 7k, I remember seeing an article back in June or something like that stating that in 10 years BTC will reach 10k… well, it doesn’t seem too far fetched right now.
Got bills need paying.
What exchange is going to be the best to use?