Correction that one short idea in 15 is clearly a mislabeled long.
BTC is just BTC, there will be mostly a higher demand than supply. This will not be the case with ZEC at it’s current state, even with the halving there still will be more supply than demand. Leave alone the fact that BTC is several halvings ahead and that it’s just BTC and not an altcoin of many.
Actually no, ZEC won’t be an expection. There are a lot of altcoins that the halving has 0 impact. Your assumption is just wrong that EVERY coin that has an halving will see a price increase, that’s simply not true. There are a lot of currencies in the Top 100 where the halving has 0 impact, Verge XVG halving in 2018 is a very good example for this. Masses chearleading years ahead hoping for a price increase due the halving and when it happened, nothing, the flight to the bottom just continued.
This of course doesn’t mean there couldn’t be a pure speculative short time minor pump for ZEC but i’am pretty sure it will be a low one if at all.
The reason is simple: BTC is halving in 2020 too.
IF there wasn’t a BTC in 2020 i would mostly agree with you that the halving would have some notable pre-halving effect and more people/investors would accumulating more ZEC, be it even for that short spike and halving pump. But with having BTC nearly at the same time it makes sense to predict that the pre-halving accumulation will be in favour for BTC as it’s not the first halving for them, while our ZEC halving is the first one.
Actually one of the reasons i’am absolute bearish for next year (2020) ZEC/BTC exchange rate, it will just drop further.
1 Like
It is also worth considering that there are a lot of zec on hand, therefore, at the slightest price movement, they will sell out, which will slow down the pump or even cancel it
There will be no price increase without the development of the coin in the direction of “important for everyone” Only a finished product that they buy can change the situation to the opposite.
Ok has LTC had a rise in price every halving? Lets compare LTC to ZEC they are both mined by asics and they are both alts.
Though in terms of development and innovation their market caps should be reversed. ZEC is a far more valuable chain.
Each next peak in ltc \ btc was lower than the previous one, it grew in terms of dollar thanks to bitcoin, zec has the same story, only peaks are smaller and more frequent. Another example is eth, as soon as it received advertising and the development of its ecosystem, a price change took place immediately.
Meanwhile, zec goes for $ 30
Of course the peaks are smaller halvings are meant to have less impact as time progesses not more. in the first 4 years cycle HALF of the coins supply is distributed the other half is distributed for the REST OF ITS LIFE.
It had a very short time one indeed.
Correct, both are alts and both are mined by asics, that’s everything they have in common. Now the differences. LTC and ETH are the most used pairings after BTC on all exchanges. Next one is that LTC, ETH, BTC and maybe XRP are the best known currencies and all of them are in the TOP 6 on every chart you see, while we with ZEC dropped from a nice place in the Top 15 to rank 30 today.
That’s an interesting point and i mainly agree with it. I’am going as far as saying that IF Zcash wasn’t open source we would be today a Top 5 currency, at very least within the Top 10.
I agree this sounds strange, but i’am sure that open source isn’t a good choice for a company with leading developers and innovations pricewise for the product they generate. While ZEC holders/miners pay for developement every altcoin can adopt the privacy features for FREE and/or generate a competiton currency, again for FREE, taking away small or bigger parts of our market segment and share.
I have zero doubts that soon or late other currencies like LTC and others will use a privacy feature, be it Zcash tech or something else. I have said it bevor that my biggest fear is that Zcash tech is the best but could be similar to netscape or tesla than back being unable to monetize it’s innovations.
Are you satisfied with the price increase of 5 times to halving? For example, from $ 5 to 25.
Yes, it’s exclusivity that zec needs as a product, it’s possible that open source prevents it, but I don’t agree with it 100%, it’s possible that you need to make the product copyright protected without changing the policy, that’s what’s missing, and everyone can use the developments for which zec buyers paid and received nothing from their purchase except for numerous clones.
Yes if we disregard the fact that it was netscapes busines model to charge for services and MSI to give their shit bundled with the OS. People like free shit imagine that.
boxalex, Anton1 you 2 dun guffed.
It is my new lifes mission to turn you 2 bullish. And I shall not rest until this is so.
And I shall shitpost and I shall shitpost until I am all shitposted out and then I am going to shitpost some more.
Why do you think zcash is 100x more valuable chain than ZCL? ZCL doesnt have drama they dont have a founders reward and all that one can find as fault with them is the trusted setup. Why isnt it at least competing with ZEC?
Now go take a look at that top ten list you will find XRP The company behind XRP are solving a real world problem. However they seem to be solving that problem without using the token they are selling.
On the other hand ZEC s tech was sold to a top 10 financial institution in the world.
Our you seriously going to compare LTC to ZEC? LTC is just a BTC clone with changed parameters 400 000 000 coins and a shorter block size. Dude they just copy paste CORE code, thats not development and its certainly not research. And its always yes were going to build smart contracts and were going to implement privacy and all the videos sound just like a sales pitch to blockstream. Probably because they are.
Cheers to all that😎 i will buy more zec, it will blow at some point. Dont need no complicated calculations. It does not take piece out of me to belive in zec and buy it with such a cheap price. zec will suceed one day, need to be patient…
1 Like
Lol, you compared it to ZEC, it’s you who mentioned LTC, not me. I don’t like Litecoin, i don’t hold LTC, i don’t think i will ever buy LTC and for me it’s a total unecessary currency. Interestingly enough it’s doing better than ZEC somehow without any tech, without development, without anything.
I meant in terms of development not in terms of price.
Read that Halo paper and try to understand it I couldnt even though I have a formal education in math. There are a select group of people who can even read those symbols, let alone understand them.
Now follow me here there are plenty of devs who can copy paste ZECs code. But how many actualy know what they are doing? Which team will be more agile in fixing bugs? If this was a legacy banking institution you would of course choose one with the more competent employees.
Remember dear friend were not making video games here. If BTC fails we wont see an avatar going through walls we could see people loosing entire life savings.
BTC being the first does not have its brand name and first mover advantage as its only advantage. It is the oldest and safest chain and this means a great deal when your sector is finance. Now this will diminish over time however bitcoin does have one more advantage over ALTs.
It is probably the only coin that could fail (as in another coin takes over and becomes 1 due to superior tech). And still be worth money. heck it could be worth more than the competing chain.
When I was getting into crypto I read that Satoshi mentioned somewhere that bitcoin could gain value by its colectability. Now bear with me it sounded silly to me at the time but the more I think about I dont see any fault with it. People have been known to collect paper currency even though to an outsider all those pieces of paper look the same. I could see a future in theory where blockhain changes the way we do commerce drastically ushering a new golden age for the world. In such an event I can see people wanting to buy Bitcoins only because theye are bitcoins over the dominant chain. Coins implicated in major hacks and such could have a premium. Think about it you would have BTC which can still be transfered in the blink of an eye between parties and cant be counterfited.
Oh and LTC is doing better because its still inflated from the halving. I think you will recognize this little pattern here.
ZCL, no drama ?!? Haven’t you followed the adventures of the founder?
Of course they don’t have a founder reward… Why would they need one? They take Zcash code and make their own chain … That’s the whole idea of ZCL…
lol I was about to buy some ZEC a few hours ago for a couple of thousands $, for some reason the payment didn’t go through and now I’m glad it didn’t, I knew it meant something 
Double bottom or 23 way :) And zec at 31st place CMC But very soon there will be a super pump, up to 1,500 minimum, right?
2 Likes
tasty cheap zec, cant get enough
1 Like
Hows king shitcoin doing think it will try a new ATH in the next 6 months? This is getting quite ridiculous Every TW chart says long. CT screaming long all but hte most hardened trolls. Yet I come to the moon thread on the ZEC forum and people are bearish.
Kind of interesting how the bitcoin dominance is dropping together with the price isnt it?
zec will be the new bitcoin someday…dont see no other candidate🤔 meanwhile get some cheap zec, discount is unbeliveable.
@ChileBob idea: gif of HODLer pacman eating ZEC logos to stack them Zs
4 Likes