who could know that the marked will focus on BCH only after btc will start to fall
This could have been a good hint! 
I get the movement happening with BCH because of the whole 2x thing…but I haven’t seen any good actually come of it. Actually, I’ve seen several services that previously accommodated BCH have stopped doing so in the last couple days.
point of uncertainty
“control 30% of the bitcoin hashrate and have made it disappear from the network”
BTC going to 5000USD Zec going to 175 the same sytuation two months ago
Personally, I think BTC is too big for anyone to have as much influence on it as they think they do. It has the name recognition, mainstream acceptance, real and regular purchasing power, and a history of sticking around.
Especially that “mainstream” part, I feel like all attempts to undermine it will ultimately be doomed to fail. Sure, some spinoffs might make some money, but all this “choosing sides” and “I’m taking my toys and leaving” blustering are all by people who vastly underestimate the power of “adoption by the masses”. It will be years before BCH would be able to overtake BTC’s market power.
What would be more likely to happen is wide-spread use of crypto in general through programs like ShapeShift. BCH has as much chance of making king as ETH, LTC, or even ZEC for that matter. All strong currencies, but all still dependent on the success of Bitcoin.
Nope sorry, were in the 4th wave now, the late majority, btc was first and thats all, why would any other cryptocurrencies fate (besides maybe ones with the same prefix) intrinsicly lie with bitcoin?
regardless of the “why”, you watch the market often enough it’s very obvious 99% of the currencies move hand-in-hand with whatever bitcoin is doing. It is very rare for a currency to have movement independent of a cause from Bitcoin. You want to know when ZEC is going to drop or gain? Usually it’s within about 30-60 seconds after Bitcoin moves in a given direction.
for the why…it’s mainly because bitcoin has the vast majority of real world fiat $ investment in the market cap. It’s 4x the market cap of the #2 (ETH) and 177x the market cap of ZEC (#16 at the moment).
Even if a third of that is lost / tied up in wallets that will never see the light of day, it’s still significantly more than the rest of the market combined.
As crypto adoption as a whole improves with technology and offerings in the next several years then we will see less dependence on BTC over time, but we are still a ways away from that.
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i don’t agree with you. btc price move from 3.500 to 7.700 but ZEC is still around 200-250
where is the correlation?
Zcashs price as well others, are influenced by the largest gainer this year (that includes all markets), huge amounts of money to make on flipping btc for zec or whatever, silly not to but btc fate is its own and probably will be of its own making. You dont actually believe those “infinite” price speculations, right? It cant go on forever
BTC can move independent of everything else, it’s less likely of anything else moving without cause from BTC. Of course there are always exceptions (we are hoping for one here in the near future with ZEC) but if you day trade long enough (doesn’t take long) it becomes painfully obvious that the only real force you can watch in the market to move the rest is BTC.
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I agree, people with the largest positions stand to profit most with the most valuable asset (its the only crypto i know of you can buy gold with and makes it immensely valuable) and are why one goes up while the other goes down (if one market graph is flipped over it sometimes almost fits right on top of another), so if by fate you mean its price fluctuations then yes absolutely affected by btc more than any other, currently. But if by fate you mean the circumstances involved in how the coin dies (the definition of the word) then i disagree. like you said, theres alot of money invested in bitcoin, its not gonna just vanish tomorrow, but thats not to say it cant eventually, inherent risks involved in all investments, and thats also not to say its vanishing cant take some others down with it, but not all of them
We’re Looking ‘Very Carefully’ at Bitcoin: U.S. Treasury Sec. Mnuchin
via Blockfolio: goo.gl/p95yia
Its things like this is why i say “of its own making”, it only takes a few (really dumb) bad apples who think theyre totally safe and anymous (ha)
Of course the U.S Treasury wants to get their hands in it all. I’m surprised that they don’t have a massive farm dedicated to crypto currency mining.
Heres some follow up reading (which actually pertains directly to zcash and money laundering), its a transcript from a seminar
An excerpt-
"JW: How is the game going to change? This goes to Zooko, talk to us about what zcash is. How does it differ from other digital currencies? How do you think this will impact law enforcement?
Zooko: First of all, zcash is not the only game in town. There’s a great demand both from all kinds of members of the public and also, to my surprise I found out about a year ago, a great demand from the financial industry like banks and exchanges and payment processors, all kinds of players in finance trying to use blockchain to disrupt businesses and so on. What I have also found out in the last year is that they are some of the most specific in demanding a specific kind of privacy, which is control over disclosure of data. A blockchain to me is kind of just a funny variant of a database. Zcash is one of several technologies which is attempting to satisfy this demand for a database with control over disclosure over who gets to see the data. Zcash does this by encrypting all data in the database, then providing decryption keys to the authorized parties. Therefore it’s not the opt-in type of privacy where everything is transparency by default and protected in special cases, it’s the other way around where it’s protected by default. It’s not like, as a lot of people start with the assumption that it’s the polar opposite of bitcoin, with bitcoin you can always see the blockchain, and then you can correlate what’s in the blockchain with other info. Zcash is not the opposite, it’s selective transparency where authorized parties can be granted the ability to see subsets of the data. And so, it’s going to, assuming the tech like Zcash or Zcash itself becomes widely used both as an open currency but also a fundamental tool in blockchain deployments in finance, your question was how would this change for law enforcement? Well, I am not a law enforcement expert, but I am an expert on cryptography. Everything you said so far on the panel… most of it remains true, but not everything. For example, we heard that a critical step in investigation is knowing your customer, anti-money laundering, that would be the same if the exchange was supporting Zcash and their compliance behavior would be the same, they would disclose the correct information to law enforcement when presented with the correct subpoenas. We heard Prakash say, clustering versus exchange, I forget the, it’s the exact thing with zcash as with bitcoin; the thing that changes, for law enforcement, you said it’s really important for enforcement but for auditing. This is a panel about law enforcement, but it’s not the most important thing in the world, and we’re not building products for law enforcement.
BK: You’re not building zcash for law enforcement. That’s not what we’re buiding for.
Zooko: It’s compatible with law enforcement. There’s compliance with financial service provider requirements. I agree there’s a lot more value beyond being compatible with law enforcement which we want with our open permission currencies. I was interested in auditing and long-term lookback. Because that’s also something that we do get into, it’s not obvious to people that all of this data is in the blockchain in zcash. It might turn out there’s a richer set of data that gets put into the blockchain in zcash because with an open transparent database you can’t put stuff in there that you don’t want everyone to see. But with an encrypted database, you could put information in there that is only supposed to be disclosed to yourself, or your future self or specific authorized party. So this is good for auditing.
in other words government can easily see what you do in zcash since they are the “trusted” and authorized ones…from when are the centralized governments a trusted site so much to be authorized to see what they want in a the private secured network ?..well i start to thing i may choosed the wrong coin when it goes into privacy measures …btw is zoco preparing to let tax office storm on zcash ???
horseshoe!!! was hoping you’d post soon
BCH at 1126…eyes rolling 
I didn’t read the interview posted above in full. However, privacy is VERY important to me - and should be to everyone. I am expecting z-transactions to be absolutely private and shielded from everyone but the participants, Uncle included. I personally know all too well - and have lost WAY too much to the heavy hand of government - to trust a damn thing government actors say when it comes to making us great and all that nonsense.
Mnuchin is a criminal, and of course the US Treasury wants to “look at” cryptos. They want to control them or at least have the power to seize them when they see fit. Government wants to keep every tool away from the people believed to make the people more free or less controlled. Cryptos are something the which can truly set the people free from they tyrannical yoke of government control. That said, the only reason I like ZCash, mine it and cheerlead for it is solely because of its privacy. I’m not here for “privacy”, however…
/end rant
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