Btw, the candles in that picture are daily candles, so one candle represents the price action during 24h. You would need a lot more 90min candles to get to 15th of October…
“Yes my whole department is long on this stuff, they call me chicken little, they call me bubble boy!”
I just watched this movie again and I never noticed it before Imagine being an investment banker in 2007 -2008 before the collapse, them fat paychecks rolling in, even fatter bonuses, house boat wife… The whole deal and some damn new kid comes to the office and starts yelling “Hey man its a bubble its all going to collapse man!” And then it turns out he was right!
Hey @boxalex if Im wrong and ALTS drop further down into this pit of hell I DEMAND that you call me azrael the altboy-bubbleboy deal?
If Bitcoin drops to 7000, we are waiting for a flight from the cliff, I think zec will test the range 15-18 dollars. After that, adjusting to 20 and again down, because everyone will wait for the Bitcoin reward to halve, next year zec can make growth in the region of 1000%, so I think we will test $ 100 on growth.
@kek man, can you put smile on our faces in these dark days🐻 lie if there is no other way🤣
peppering lowball bids in the $25-28 levels.
looks like ZEC/BTC is holding up fairly well.
$33 might not be a terrible bet, but i’m going to stick with my lowball mid/high $20s bids.
If we get below 30$, then will buy more.
You buy all the time, leave ordinary people a little.
Ok i will leave you some,
but now for real i did not think i would buy so much, but the price is too cheap to miss it, im trying to be patient. If things play out well, then next year will be explosive. Hope funding will be sorted out smart! All in all i belive in zec:rocket:
Does anybody that knows more about this stuff know if this quote from a trading idea is true?
"
Zcash could be in demand on all decentralized exchanges to hide “buying and selling power”. Actually there are too many use-cases for it and I think that privacy coins will be in great demand in coming months, years."
Bye bye competition.
No
If you understand healthy markets then you understand competition is a necessity
But more importantly this is an unfortunate blow to the entire effort, it’s good that it is exposed but in the big picture it sucks
Our Mission
Per our 501(c)(3) application, the Zcash Foundation’s mission is to be a public charity dedicated to building internet payment and privacy infrastructure for the public good, primarily serving the users of the Zcash protocol and blockchain.
Yeah they’re math was bad, we hope they fix it soon 
sub $30 level achieved! unfortunately, markets won’t be too exciting for ZEC until devfund issue is officially figured out - i’m thinking we could see extra selling pressure from people not happy with the how the devfund issue turned out. don’t think ZEC will begin recovery until a week or two after devfund is finalized.
i’m a buyer in the $20s… imo, zcash will be a top performer in 2020.
I will buy a lot under 30$…
no rocket science at all …
Actually i have a different view on this. I think the current dev fund discussion keeps the price, at least for the BTC/ZEC pair as it gained some stability the last weeks in the 0.004 range.
Agreed, or the other way, some short temporary buy pressure if the dev fund result is accepted by the majority of interested people as a good outcome, whatever this might be in the end.
Just thinking more about it, there is a chance that the dev fund result might have no positive market influence at all at such low prices. The reason for this hypotesis is just because for example a 20% dev fund if split btw. the ZF and ECC by 10% each won’t be enough to keep current development afloat. Hence i see a chance on whatever dev fund result will be achieved after the voting the impact could be negative anyway, paradoxically!
Our biggest enemy is the inflation and the best proposal of all was your counter-inflation proposal, too bad (nearly!) nobody realized its potential and that this would have had a way bigger impact on dev funding, stability and 100 more things than any of the other proposals that still have to fight a huge inflation rate for another 5 years…
I said about 1 year ago that ZEC might get interesting again for me IF it hits 25$. Patience is often the best advisor 
Actually that’s the only reasonable approach for holders. Buying more and more at each new ATL and that way lowering the average price they bought ZEC at various previous times and that way minimize loses. I did the same some years ago until i realized a better approach is to sell all instead of holding and buy back at a sure real all time low (not a speculative one!), but everybody his/her own approach of course. Nothing bad if someone is convinced he/she can realize a profit anyway. The only real problem i see with holding a given crypto in a downtrend i see is that money is bound that can be used meanwhile in other profit bringing operations, but that’s just my view of course.
Yes, as I said earlier for zec there is only one chance of success, it is an increase in the value of the coin, then there will be enough funds to continue, and now what do we have?
- There is no way to continue because there is little money after halving the award, just as little funds from the fund and now, there is no announcement about this yet (this is bad news, and this will provoke a panic and a further decrease in prices)
- The company no longer says that the cost is not important, now they say that the cost is too low to continue, which sounds like a hoax, they warned about this earlier, but there was no reaction, why?
- The whole promotion strategy is based on external factors, but the money is received by a team that is waiting for a miracle to happen.
- The community about which everyone constantly repeats, I think the weak point is that there is no real community, there are supporters and participants, while many do not want to understand the essence and simply believe in the future, therefore nothing can be changed, because it’s so good. How many people have died for 6 days, I think there are 50-70 unique voices, is this a community where all those people who care?
- The general situation on the market, instead of taking advantage of the weakness of others, we are rolling along with everyone, but others will be restored and we will not, as usual.
Or it just doesn’t work, because there is no person who would be engaged in promoting the coin and not the ECC team. They don’t buy a coin, they don’t use the problem in this, instead of solving the problems of updating (which is important) you need to solve the problems according to the current situation (it is equally important, because the probability of further work is built from the current situation).