I will sell at $1200, 2000 is unlikely, but if bitcoin is 100 thousand, then there is a chance, but there should be a lot of speculators on zec to raise the capitalization by more than $20 billion.
For the next 20 months, this is by September 2022, he wants to sell for 2000, which can only be in a fairy tale, the market will not grow for so long, but going against the market is already quite a dream, either together or until the market grows or not at all. If in 2021 bitcoin is waiting for growth as many expect and zcash does not start its growth, then after a correction, flat or decline for zcash there will be no time for growth.
Moreover, we are going to break through the next ATL in a pair with bitcoin, this means that if it goes lower, then we will not go up for at least another 6-12 months, and in a pair with the dollar, small rebounds are due to bitcoin.
This won’t change things very much unless models & studios can withdraw earnings in shielded zec, which will require a significant educational campaign among other things. I caution against getting too excited about the MindGeek Visa/MasterCard v Crypto thing. Ultimately its a very bad situation for everyone who does not want payment processors to dictated how we conduct our lives.
I saw that too, some btc visa card on my homepage, no thx
Everyone who believed that after the ATH update for Bitcoin, zec will fly to the moon, I hope your faith is firm. It will be ironic if everyone grows up except for zcash.
well i was wrong about double top…should be an interesting couple of months
You can be wrong like that as many times as you like… have at it
I’m talking about the behavior of zec in this whole movement, I think that we will lag far behind in growth, for example a few months ago I thought that xmr would fall after the fork and cost + -zec prices, but now Monero costs * 2.5 zec prices. Even Litecoin is more expensive, of course this is by design, we need to have high volatility with a low price, capitalization and trading volumes (real). I think that zec will start its growth as the market falls, so either in January the picture will change or you need to wait for the next bitcoin pump (although I think Ethereum will already take over the market)
I feel like fundamentals are largely absent from your analysis. xmr has a two year head start over zec. ltc, a 6 year start. You also focus on coin market cap rankings…On top of this the market as a whole is largely culty fan boys cheering on their favorite s$%coin. ZEC has been in consolidation for 2 years. Couple this with high inflation, this has been prime opportunity for large investors to accumulate without spooking the market. This is incredibly bullish. ZEC hasnt even tested the top of this range since June 2019.
Let’s take a look at the ethics of the big players! Something tells me that when the money from bitcoin pours out, they will pour where there are many people with a desire to buy, and not a perfectly prepared coin (because pulling up the course is not a problem, the problem is then to sell everything you bought, and with this all these coins are somewhat better (even litecoin, with BCH, BSV) .The higher the price, the better the prospect, because the sale of coins will give more dollars, do not forget.
Way too bullish right now to talk about double tops. People should be buying the dips for the next 2-3 years.
BTC is now viewed as store of value by traditional asset allocators & wealthy fund managers. It won’t stop pumping. To the 100-200k in couple of months.
From the inflation rate & demand perspective, nobody (ones with predicted future supply) can beat BTC. Hodl BTC > Hodl ZEC.
At this point, ZEC doesn’t need ZUSD It’s value seems stable during boom & bear market
BItcoin??? Really??? Who would hold or use ‘unencrypted Zcash’ ??
(PS: I’m playing, I’m bored, I hold both)
Lots of companies: Square, Bitwise, MicroStrategy etc
t-address users are using unencrypted Zcash…
Zcash broke ATL on bitcoin, and you say that no one will hold bitcoin, in fact, zec is now losing to absolutely all currencies in the first 30 in terms of growth and accumulation (yes, I know that 60 percent in 200 addresses, but how many real holders there are and how many exchanges are not known, I think there are several private addresses and the rest are exchanges, and if there is such a volume on the exchanges, then people want to sell and not buy)
LTC +20
XMR +88
DASH +31
And you say that everyone wants zec, but no one, judging by their wallets, wants to keep it, they bought it during the fall and immediately sell it, an asset for which it is better not to own it for a long time (too often ATL)
At a time when ordinary people buy everything much better than zec speaks of their interest and trust, the current situation says that zec is not attractive as it said here 1000 times. If the price rises, this will only confirm my words that it is now completely speculative and not popular.