I really miss the posts from boxalex. He was one of the first who did not write fan posts about how zcash would achieve fantastic success, but saw the real state of affairs. Now, unfortunately, after the sale, he writes very little. I am not a bear on zec, because all my coins are in place in my wallet, but I do not see the prerequisites for an increase in the price, on the contrary, I see that the project is going in the wrong direction, while some enter into strategic agreements zcash conducts conferences, trainings, promotions, that does not give it popularity. And this is very bad in my opinion, I think that the work that is covered should be in the background, because it is not the basis for development. Now there is a lot of news about the ban of untracked coins, and the fact that zcash will not fall under the ban is sheer nonsense, take the exchanges in Japan, for example, did zec manage to return to them? And so it will be everywhere if the regulator requires it, and no posts on Twitter will change this, at the legislative level ECC cannot defend the project. Although this is one of the points of their work. Now again the statement that in the next two years the project will be a well-deserved success, I hear this every year and are moving in the opposite direction. Many people notice that the displacement z2z has increased, but how many of them are useful displacements, I think it is almost equal to 0, in other words, there is no productive development, there is a quantitative one that will not give an impetus to adoption.
Seeing this and what I described earlier, I do not see any real solutions for development, we add to this financing, which depends on the price, and that’s it, the project is waiting for a crisis. Where is the entry to the asia market that has been talked about for more than 2 years, even the news was that personnel would soon be recruited, if people work, what has changed, zec dives in and does not think to do something else.
Everyone is focused on the grant system, this is a work process, he should not try to be the leader. When a company is undergoing changes, almost no one is aware of it, the company always highlights its product, if it does not, then this company closes.What will happen if a well-known company, instead of highlighting the product, says that they have created a department that will work on some problem, he will have so much money, such people will work, this does not affect sales at all, so they do not do that. Look at the price, the more news of this kind comes out the more the price falls.
The grant system will not solve the issue of development and adoption, because only the owner of the trademark can do this, the grants will develop local directions and improve the existing functions. What is to offer from ECC and the fund for the survival of the project, at the moment I can not name anything (everything is built on improving wallets, speed of work - but since the project has not yet been limited by performance, this will not affect in any way now), where the partnership is used , where is the functionality for the general public to assess the improvement with the current market?
When the issue of use is resolved, I wait for the price at the level of $ 1000-1200