Perhaps it will fall from 35 to 30 in 1 or 2, but then it will recover again to 35 and there will probably be growth if a person is appointed as the general who says what is the success strategy. If he does not resign, then the price will fall but there will be no chance of restoration. Once again, I’m talking about views and not about the person himself. If he makes a statement on behalf of the company with a success plan, then everything will be fine. Now their plan is not aimed at success, it is aimed at development that will not lead to success, they will just make zcash better, but they will not continue to use it.
There is no community for a long time, there is no general idea, there are just people who work for money and people who lose that money, the rest just came to see it.
What makes you say the price would recover? What do you base this on?
The price will be restored if there is a plan, now it is not there.
How long will all this take? Aproximate please.
A month can be two. It all depends on the plan, perhaps after the information passes, it will take a couple of days to get the effect.
I disagree I would say things that are proposed are both detrimental to the project itself and to my investment. Good luck getting the holders or miners to support this, make sure you mention they are going to have to take a couple of months of price hits while this new master plan is developed which will save ZCASH and propel it into new hights.
Over and out. I have more important things to do. You know like making sure I do everything I can so that ZEC suceeds.
YES, I understand the position that it’s better not to touch so as not to break. That is, you can easily explain to miners and holders that they need an unknown amount of time for the price to return to previous levels,
it’s obvious that ECC has done this many times so that the price returns, or wait, not once, this is not their task, and when they say that $ 20 is not enough to continue working, and that they need to reduce staff and many directions, the price will skyrocket Of course in your opinion, or wait, will zcash never fall?
Zcash has been falling continuously since its inception, and only general pumps change the situation, so this is a trend that continues now. What makes you think what’s next will be different?
I encourage whoever is behind this to continue this silliness. I encourage any and all persons antagonistic towards the ZEC project to do exactly this. The energy they expend will keep them from doing more useful things.
There was a specific question, but they accuse me of doing something bad, you are harming the project because you do not understand the situation.
It’s just that it would be understandable, thanks to the buyers and holders, the project exists, not thanks to the miners or the community with people who share their views and say what good fellows are the developers, not thanks to the company’s employees, they can be changed if there is money, not thanks to the CEO (at this stage) , because you can hire a new one for money and that’s it, the work will go further. Everything is currently decided by money, there will be no money, there will be nothing, and you in particular, even if you become 100 times stronger in believing in a team, it will not work for free.
I did not accuse you I accused the OP. Are you the OP posting under a pseudonym?
Please Anton1 you are insulting my intelligence. We are 11 months away from our first halving. This is the event that is designed to have the most dramatic impact on price for any coin following BTC like emissions schedule. And you are proposing we fuck this up exactly why?
I have a better idea why dont you gather all the disgruntled holders clone ZCASH and implement your plans in parallel. If you can capture 50% of ZCASH market cap you can take over as CEO? You know that way you dont mess with other peoples money?
I don’t have an alias, I don’t want to harm zcash, I say that changes are needed, the current team or the new one will make it any difference. Also, if the strategy of reducing emissions and not increasing demand for a coin is a disastrous strategy, if they sell less coins in the market it will not affect the price, the volume will simply drop, the coin will become uninteresting even more because it will lose liquidity, what’s next will lower the price.
To continue to do what the first 3.5 years did, is to continue to reduce interest and consequently lower the price, why for many it is not clear?
The problem is that whenever you start messing with things like the emissions schedule more stuff gets messed up. Do you remember the mining slow start and how that turned out? When you decrease the emissions curve you are almost at the level of changing the total number of coins. It kills trust. People are supposed to predict the emisions in crypto thats the whole point of the halvings. Can you not see that it has worked for every other coin?
Would you at least admit it to be wiser to see if I am wrong and halving is a flop? I have studied tens of charts we should see price increases well into the halving as in it will perform better than the rest of the alts like LTC did. And again LTC has nothing to look forward to they have no plan except copy core. And LTC had distributed a quarter of its supply prior to this halving on top of the already 41 000 000 that do not magically disappear from the first halving?
If as you say it will take at least a couple of months for the price to recover after Zooko resigns (LOL)?
You look from the point of view of price, I from the point of view of success, the price will rise but without success it will fall again, I am not a speculator, the success of the project is important to me. Halving will not give anything, the price will rise and then we will sell all the coins that are waiting for this, and that’s it, the end.
Do you own any ZCASH, is this what you mean by I am not a speculator? Because preatty much everyone owning ZCASH is speculating that the price will increase because that is what is necessary for the network to remain functioning? I know @boxalex does not if nothing has changed. And the price decrease is YOUR argument for Zookos resignation.
Price reduction, due to which the funding needed to continue is reduced, it has already been said that without funding, ECC will not be involved in the ZCASH project. Not enough price, no success.I’ve already said it twice, it’s important not to resign, but to change our direction and attitudes, make a change in strategy, ignore the price has brought us to our current position, well, the price will rise from $ 15 to 30 at the time of halving and then fall again by 15 and go lower, it’s not save the project.
[Minor edit by @daira to fix the quote attribution.]
Please choose between the above and below:
I mean I cant be the only one seeing there is some serious inconsistencies in your logic.
Look let the OP submit a formal ZIP proposal and waste everyones time and if anyone from the ZF even gives this a glance I shall be submitting my own proposal. I shall call it “ZEC Community lets properly fuck up our halving.”
I have no purpose to convince you, remain unconvinced, and expect that the success of the project is personally guaranteed by Zooko.
You are not a zcash holder are you?
Yes. I bought my coins in April 2017.