Sad really, it’s like that story where that Russian sold novelty physical Bitcoins to the old people who didnt know any better, plus a new malware story that should only affect people who dont double check that address! It affects zcash too
Cryptoshuffler Proves Bitcoin Owners Susceptible to Malware, Steals $150,000
Here’s the thing though, in order to stay relevant, you need something no one else has. With ZCash, that was the anonymity tech. Now there are people out there developing the same tech for Ethereum. ZCash doesn’t have anything to “wow” investors right now. There’s no news from devs, there’s no marketing campaigns, there’s nothing. Meanwhile, you are seeing BTC explode.
Personally, I feel in the VERY long run, BTC will win out and other cryptos will pretty much start to disappear. Volume and adoption are king. Right now, ZCash is nothing more than a cool idea. You can’t really use it for anything other than market trading.
You obviously haven’t read the snarks technical paper because good idea doesn’t even begin to describe zcash’s potential, thats what you should read, not fake news (I wonder how long before Bitcoin the broadway musical)
The thing is, your comparing coins that have been around for YEARS compared to zcash which just hit 1. It is doing great for the amount of time its been around. It seems if its not competing with the god fathers of crypto everyone thinks its failing. It is SOLID and growing, so what is it that is “irrelevant” about zcash? Other coins with less features have gone years before fading away.
Very interesting thing. Just bought a GPU from Newegg and saw that they now take Bitcoin. This is one of the first major online retailers. I can see this driving Bitcoin prices even further. Other cryptos could be next.
@kek been a while since we heard from you! What’s your take on the hacked.com mention to trade for Zec? And still enroute for the gains in the later weeks of November?
I get good feelings when I see the panda indicator pop up…that normally precedes a positive price bump. Kraken has ZEC at 243 USD right now, which is up from ~232 ish earlier today.