ZECBTC is at an ATL or close to it. But over its history it has never been flat so there isnt much room to go anywhere but upwards. BTCUSD is at an ATH but ZECUSD is far from where it was the time BTCUSD hit an ATH in late 2017/early 2018. Something has to happen soon, and I am leaning towards an end to the consolidation phase for ZECBTC and ZECUSD.
And here at this point zec breaks ATL on bitcoin! And this means that the road is open down to even greater depths (which is why it does not grow with everyone, paired with the dollar). In order for zec to start growing in price, it must win back the fall in a pair with btc, you think this is possible when it only goes down all the time, since 2017, even halving the reward did not stop the decline in any way, so we are waiting for a rocket to the moon further, I think that another 6 years at least, well, or I don’t know something, maybe someone will buy zcash and break the downward trend.
Here’s a good example of people’s interest in a zcash project: Electric Coin Company 2020 Q4 AMA lasting 53 minutes in 2 days scored 224 views and one comment (and the one about the price drop :)) Is it worth investing in such coverage? As I have noticed many conferences about zcash, and all kinds of speeches have very little audience coverage.
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What are your suggestions?
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Stop following an unclear plan, make a real analysis of the situation and collect information from real users (active, potential) about what is needed to increase interest and use zec. By the way, in 1 month ZOMG financed something, who knows? I understand that thousands of offers fell on them (like only 4) because everyone wants to take part (as it was supposed in theory) And what is not a video, then 500 views, what is not a post on Twitter, then 1000 views, like some statements and changes, then no reaction from the market, well, it should have occurred to you that something is not working coverage?
(переводчик переводит как будто я обращаюсь к вам, я пишу о третьем лице)
When I read the plans for 2020, I said that all efforts should be devoted to popularization, because 3 years before that all indicators (except for the production rate) were falling (price, active addresses, real volumes, public response, and others) and this suggests that the project simply becomes uninteresting and therefore it is not destined to become what it was created for (unless, of course, this is enrichment).
But ALL IN ZCASH, as I understand it, is the solution to all problems, and now we are on the verge of new growth in the market, the time when you need to go ahead of everyone else, zec is not so interesting that 60 percent in 200 addresses and we go down with the price. The trouble.
At the current price, ECC receives 540 thousand per month, this is not enough, and this is in a growing market, what will happen in a correction or in a falling market? I don’t think that the price will be stable, which means that if there is a desire to continue, then you need a better plan than the current one, and as they said that 2021 will be the year for privacy coins, this may not happen if bitcoin starts to fall, for example, from May, and zcash starts to fall from 150 let’s say to new lows for a pair with bitcoin (for the dollar it’s 35 and down), then what will happen next, the money will run out and that’s it?
Zec has been sleeping for long time, when it booms, it will be explosive. My zec bag is for long term, no worries at all👌
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At what price do you want to sell?
Im gonna take profits along the way, but 4 figure price would be nice, after second halving.
In this case, it makes no sense to keep exactly zec, these amounts will be reached by other coins much earlier.
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I have other bags too😉
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I think we all want ZEC to go up in price. And I’m sure many people are upset that BTC and certain “alts” are gaining faster than ZEC. But I urge people to look at the long term, not the short term. The primary reason I hold ZEC is because I fundamentally believe it can change the world for the better by creating an alternative payment system that is completely private. My thesis is that at some point in time the world will come to value private transactions, and that (through the hard work the ecosystem has been doing) the best option for people to get that privacy will be through using Zcash. I have no doubt that if Zcash becomes the de facto private payment infrastructure, that ZEC as the native private store of value will rise in price.
I recognize that its certainly possible (if not likely) that my thesis won’t come to fruition. But the benefits–both to me as a hodler and to society as a whole–far exceed the risks.
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You, like others, say what can happen to the project, what you believe in and support, but I say that this will not happen for certain reasons, there will be no money, there will be no project, and this is not my desire, it is the desire of the ECC and Fund employees to receive a salary in dollars …
There is no long-term for holders and benefit from this for us, because when bitcoin falls from a new top of the price, everything will go down, but before that everything should go up, and zcash does not go, and will fall down from its bottom, breaking through the next bottom … How much money do developers have in stock, will it last for 4 years?
Simple faith in business leads to bankruptcy.
In general, if you look at what is currently being developed, this is due to the pumping of prices in 2017, if it were not for this, then the price immediately collapsed and that’s it, now I will predict exactly this scenario, for 4 years the infrastructure has not been prepared for the possibility of further payment for development , because the development of the project itself focused on adding to the exchanges and honing the code, while the methods of real use are given to a third party who is not actually interested in zcash, and it does not matter on which exchanges it is available and how much perfect code it has.
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I always enjoy reading your comments and I appreciate your willingness to challenge the community. That being said, do you have any positive observations about Zcash and its strategic directions? If so, would you kindly share them.
There is no community, there are just contractors who receive money and people who bought the coin, the word community is not yet appropriate, because there is no mutual understanding, there are fans and they can change their faith (the last 1.5 years have shown that many have sold and left for this reason, some like you They write that it is long-term, but as soon as the coin costs 15 dollars, you will be one of those who leave). I wrote above what had to be done (now).
- you need to increase the interest of buyers (investors)
- it is necessary to engage in popularization, because now the interest is only in hypothesis.
- Do the really necessary things, for example, I immediately said that HALO does not solve real problems, but can only add complexity.
This project is for the masses of people, but in fact it is being developed without taking into account the interests of the masses, according to their own perception, this leads to what they came to, there is no interest, there is no development (real and not on paper) 1) ZOMG month, what has been done useful this month? 2) HALO - controversially, now it is not necessary, but attention is switched to this technology (which is also on paper) 3) There are exchanges but no buyers. 4) Holders are getting larger, the mass of small quantity holders has been falling all the time since 2017. 5) Some promises and big plans for the future, 10 billion users by 2050 is good, but if such a plan, then it is immediately clear where we are going (paper announcements)
a litecoin project that has been dead for a couple of years now has 64 thousand new addresses, we are a young and dynamically developing project that, according to ZOOKO, has 1 million users, we have 3.5 thousand new addresses, isn’t it strange?
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Zcash, after the first halving, will never be worth 15, just as Bitcoin will never be worth 8,000, after the third halving.
Satoshinomics works! Don’t waste time on demagogy, buy while you can.*)
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I will buy it much cheaper later, when the market correction begins.
Perhaps you have 
Remember Feathercoin? Doesn’t always work visibly.
Noted.
I’d like to point out that you spend a lot of time on this forum and yet you cannot either share or articulate a single positive observation about Zcash.
I thank you for your honest and prompt response @Anton1.
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What to share, the further the worse it gets, you need to wait to see the consequences, what do you say if there is not enough money for further development?
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Education
- Videos and tutorials about how to use Zcash securely
- User education: t-addresses vs. z-addresses, Zcash vs other tech
- Websites with educational resources
Become a contractor, what’s stopping you?
If you know how to do better, just do better.
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Re: Funds for future development, I would say we have an extremely resourceful community skilled at solving exceptionally difficult problems.
Happy Holidays @Anton1.
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By the way, I launched a website in Russian: prozcash.ru but i don’t have a hell of a lot of time to do the filling. I’m waiting for at least some price increase so I can hire freelancers to do it.
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