Radical “to the moon” thread

You have doubts from 2018, there’s no changing your mind. =)

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Lol, life teached me that it’s better to have a bit more doubt than believing blind in everything and everybody :slight_smile:

But there is always the chance of changing mind, enough there is ground to support a change of mind/vision and/or removing doubts.

Anyway, i hope your prediction will become true, the many hardcore ZEC holders deserve some break and rally.

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Doubts will be dispelled after the price increase and not in advance simply because zcash has been falling for a long time. Now the buyer’s strongest argument is that “the price cannot fall further,” but it may be strange to think differently, a logical task: There are buyers, they bought for various reasons, but they all lost money during storage, someone sold at a loss and someone bought at the bottom of the market, they now have a small income, they will hold or sell, new buyers will appear not at the bottom of the market, the question is which of them will use zec for its intended purpose?
Nobody, because there is a goal and now the main one is to make money and there will always be a voice in my head about pizza for 10,000 everyday coins, holding coins without using the network does not develop and this is visible, there is no development there is no growth (one of the reasons why there are no purchases to increase the price and even a large volume cannot move the price because whoever bought or holds or sells at a loss, and whoever gets a small profit and sells does not move the price up)

yeah sometimes that change of mind only comes after history tho (cough, asics, cough)

Who thinks the rally will continue this year?

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Me 20 char…

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I also sold half of my never sell stack hoping that to buy it back in the $20-30. Expecting an entire market pullback. Bitcoin back to $9000 type sell off.

Unlikely without market wide bad news. The peak will be August-December. More likely August-October. I’ve watched several high quality technical analysts that show this. Some say the bull market will last until some time next year. I don’t know why people think there would be an even longer “crypto winter” this time.

There could be a short term pullback, but probably not less than about $25,000.

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The question is not to the market as a whole, but specifically to zec, I have heard many forecasts over the past 3 years, and not a single growth forecast has been fulfilled, it even seemed quite easy that zec would not cost less than $ 100 and what we see, therefore, not even if bitcoin will grow this year for zec it will not do anything, it will fall in relation to bitcoin as it did all the time after the last peak and remain in dollar value, and when bitcoin falls, the price will return to normal, on the new ATL. I think that Bitcoin is losing its strength and very soon ETH will cost 1/2 BTC by capitalization.

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Over the long run the value of ZEC will be highly correlated with usage as a private form of payment. The more that it is used the more people that will consider using it as a private storage of wealth. I have no idea where the market price of ZEC is headed in the near term. That is why I am focused on the things I know that correlate to its value to the world over the networks lifetime.

The global need for secure private payments and private asset storage is enormous. Lets position Zcash in the best possible manner to meet that need.

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I remember reading about this, big bank official didn’t like payday loan businesses (I think it was that) and decided they just didn’t get to bank by holding bankers liable for termination if they processesed their transactions. Its nice that some things still work
Well you know, sometimes OCC Finalizes Rule Requiring Large Banks to Provide Fair Access to Bank Services, Capital, and Credit | OCC

Zcash needs to make it clear to people

  1. They intend to ensure broad regulatory compliance. Privacy has a role to play even within this context.

  2. They intend and/or support backwards compatibility meaning if I put my zcash on a cold storage device, put it in my safe deposit and then try to use it in 20 years, I won’t be harmed and the value is still there. It needs to be simple and trustworthy. Are we there?

Better marking is needed. If people don’t believe it’s safe there is a problem. And the current price indicates there are major safety concerns.

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Thet have been doing this for some time now:

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People don’t seem to know it. Which is why I think better marketing is needed. Article today came out saying avoid zcash because Of regulatory risk. When it gets delisted from exchanges, it just reinforces the risk associated with the stigma.

It seems like privacy is being taken to mean it’s trying to operate outside of regulations.

Zcash needs to promote regulatory compliance alongside privacy.

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ECC does, simply Google “Zcash Compliance” or “Zcash Regulations” and see what the first hits are:

https://z.cash/wp-content/uploads/2019/09/Zcash-Regulatory-Brief-201909.pdf

Understand. But you’re losing the marketing battle. It’s not good enough.

Articles are coming out regularly (today most recently) that attack zcash highlighting regulatory risk.

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Link?

https://www.google.com/amp/s/investorplace.com/2021/01/zcash-looks-cheaper-than-bitcoin-but-its-not-a-safe-buy/amp/

Half baked article that completely neglected to mention that Zcash is one of the most widely available privacy coins, with wider exchange support than Monero.

Exchange de-listings have no regulatory basis for doing so:

In spite of all the conjecture on Twitter, there is no public regulatory rationale for delisting Zcash.

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These half baked articles should be your proof re marketing. Simplify the message around safety, security, regulatory compliance. Privacy = safety

A broad based marketing strategy should pay for itself. Zcash should be much higher. It’s missing the public trust which I believe requires marketing.

Although I must say the posts on this thread a alarming re the wallets and other issues.

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