What a sale out there 20 char
This is a sale that would have money for pumping zec
I’ve already begun the process of looking for a new job in preparation for sub $20 ZEC. I think we’ll bottom at 12 bucks.
If 12$ is the case, then i will buy myself a semi-whale🤣
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I dont agree with this. According to my analysis all alts have gained in the ALT/BTC pair from september 9 it is ZEC that only stabilized and retained value in the ZEC/BTC pair.
This is either due to the devfund discussion and uncertainty or due to the inflation I have no other explanation.
EDIT:
It would seem I was wrong. DASH for some reason has been behaving similarly to ZCASH.
The chart is almost identical from the date in question. It only looks “longer” on ZCASH side because I have it zoomed in more than the DASH. This looks very strange to me. And I cant explain it. The only correlation between the two is they are both privacy focused and are both ASIC mined.
Seriously? I thought you are one of the very bullish mates around, i’am sorry to hear that it seems you are even more bearish than me today. I’am as well sorry if you have to look indeed for a new job. (serious post by the way in case someone thinks i’am kidding him!)
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I have different calculations as i prefer to involve inflation rates in my calculations and due these ZEC should be lower by today, hence i’am looking for something artificial that keeps the BTC/ZEC for the last weeks up and that’s the only thing i can think of, the dev fund discussion. Of course i could be wrong.
But in case i’am correct after the dev fund result there should be (after a very short uptrend maybe) a more heavy downfall which brings ZEC to my calculated 0.0035 BTC. Just my calculation, i could be totally wrong of course!
same. @kek I almost hope we go under $20 because that’d be such a bargain. I’m torn between wanting to stack ZEC and wanting everyone to be cheerful again 
knock on wood, I guess? zebra-striped wood preferably?
I think you have misunderstood him. I think he meant he needs to get a new job to buy ZEC at lower levels so he would technicaly still be bullish long term.
As opposed to him not being able to support himself because of lower prices.
It can be interpreted in both ways however.
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New job is because I require a new challenge, not market related(although looking forward to having some dry powder). I actually flipped a couple of months ago when broke 40 support. I called for sub 20 then as well. Just want to reiterate that my original charts from like a year ago were bearish harmonic formations. My stance being that I was expecting a short term rise around the completion of c-leg(around 50-40) to around 400-500 range then a sell off around these levels. That trade completely blew up. So in essence I’ve never been a short term bull.
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No more zec to the moon supporters? Next year I will sell at 1200 per coin. 
Actually going under $20, even under $25 and under $30 are not bargains but boosters for more sell pressure.
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The lower the price the more ZEC have to be sold to keep operations at the ECC, ZF and miners just to keep operations as expenses have to be paid in FIAT in most cases.
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The lower the price the more ZEC have to be sold from the reserves the ECC, ZF and miners have to keep their operations going.
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The above 2 points create additional sell pressure on an anyway low demand market and high inflation issuance in the next 5 years. It’s like a death spiral that will force the ECC and mostly the ZF to cut expenses and reduce mostly staff in the nearer future which gives another bad price/market signal.
Leave alone that the reserves of the ZF/ECC that they have in ZEC gets a lower value with each new price ALT which results that if the reserves these both have hold 1 year ago are worth much less today, which again means that these reserves in ZEC won’t last as long as they would have 9 months ago for example. It’s really a death spiral and i have my doubts that the ZF/ECC treasurers see this as an bargain too.
IF $20 is the level for the dev fund beginning in 2020 and a 20% with equal distribution for the ZF and ECC is choosen it would result in about $219,000 per month for the ECC and $219,000 per month for the ZF. In case of the ECC it’s about 1/5 of the desired/needed funding, just catastrophic.
IF $15 is the level of funding than the funding would be $164,250 for each. And i’am pretty sure that latest at this level the ECC has to cease Zcash development totally.
This might be a bargain than for the company/investor buying the ECC (kidding a bit here!)
It seems to me a lot of people miss the impact low prices have in the bigger picture and that a bargain could turn out the worst investment ever made.
As explained above, nobody will be cheerful at such low price levels. If we reach such low levels like $20 or $15 there won’t be a happy end neither for the ZF, ECC, Miners, holders, anybody, simple and easy as that.
This won’t be enough for sure to rescue things. The only valid and possible options would/has been is changing and lowering the inflation rate after it’s obvious the increasing demand seems to be mission impossible for the ECC/ZF.
It was clearly said that the price is not important, why such an explanation? I want to see how everything flies down and the team will be forced to stop implementing their mission, for such a stupid reason as a lack of understanding of the situation in advance (especially since some people said that it would be so), such an important mission that costs all the money they earn because a good team is expensive, although the situation did not save.I am sure at the moment when everything will turn out badly for current developers and there will be a need to sell the rights to a coin or minimize the project, an investor will appear who will buy this project, and then I will sell all my coins at a very good price.
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Because i still have some hope that someone at the ECC/ZF awakes at some point and sees the bigger picture beside the technical picture and coding they have in their minds, bevor it’s indeed to late…
This would have been done a long time ago, only if not for this purpose.There is no other explanation, I think, it could not be that the success of the whole project depended on luck, for me they would have found a solution so long ago if it would have been necessary, but no, it would have been necessary for the project to be on the edge, let’s see what later, I think that there is a wonderful savior.
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Everything will be sorted and things will go up. Zec is not dead, tech is tooooo good to just forget and leave it in the dumpster. We will recover and make new highs🚀
Of course it’s not, but it’s in a death spiral … and so far there is no rescue plan.
Edit: Actually ZEC won’t die ever, even if it hits 1 cent it will be alive somehow. I should have written ECC is in a death spiral, not ZEC.
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For ECC, nothing bad will happen either, they will simply work on other projects, their trips will be just to conclude profitable agreements but zec is not a priority, they will conclude contracts with the company. Yes, they will not receive so much money for such work, but there will be work.
Perhaps they hope for a packaged zec and that it will be overly popular.
But i still have a hunch, that there is something we dont know…something big…but i could be wrong and this is just a cold weather and flu is kicking in😉