Radical “to the moon” thread

I like it, but ZEC is bigger and more versatile than all the coins put together.

Now it is: Zcash = digital gold + digital offshore + digital money

And if ZEC receives the ZRC-20, then plus digital transport for any tokenized assets.

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Happy International Womens Day! The greatest spook in history was a woman! :heart:

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We are working very hard to get out of the top 100. Every day we constantly lose positions and other projects literally eat us piece by piece. It’s a shame ! :frowning:

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Thanks, but i know about this podcast. I even listened to it a few hours ago. That’s right, Vitalik really says that, and what? Does the market appreciate it? Do people appreciate it? Look at the price, we are slowly and gloriously going beyond the top 100. I am not a person who will spread FUD . ZEC is my biggest holding so far, but I’m starting to despair. There is currently no attention to ZEC. I monitor daily - Twitter , youtube , crypto news websites and very few people mention or talk about us. If by chance someone mentions Zcash, he/she will either say stay away from privacy coins or something similar. People are not familiar with technology. Vitalik mentions Zcash because he knows that this is the future, but the people who are investing at the moment in crypto are not Vitalik. They need simple and clear explanations of the technology. They are currently afraid of privacy coins, at least that’s what I’m watching…
On the other hand, I’m a fan of buying something that has great value but everyone is afraid of it, but I’m really starting to worry about the situation we’re in right now. I hope very soon ( next 1-2 weeks ) we will finally have news about z2z transactions on ledger and I hope then to get some people’s attention. We will wait and see…

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Agree :100: messaging and marketing of tech is important. @egg please help us with ZEC narratives through design in @NighthawkApps :relaxed:

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I’m honestly amused by the fact that many people attach great importance to the capitalization rating. No, it’s really funny. Simply because in one rating there are stablecoins, wrapped coins, coins with real market liquidity of 5-10% of capitalization, random one-day shitcoins like NFT platforms or ICOs of three years ago without any progress. Do you really think that this can be measured by “capitalization”?

OK, if you really like ratings, then save this tab - https://messari.io/screener/my-screener-E8D45B1F

This rating reflects the actual supply and demand model as realistically as possible. I’ll decipher it. If a new issue is sold, it means that someone is buying it and the rating shows us how much there is demand for. If the new issue is not sold, then unsold coins are the demand from the miners (the current price does not suit the miner and he is not ready to give you coins at this price). So this rating really takes into account the average market behavior for each coin.

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Sure thing. It’d be very interesting to source and/or conduct some research into this. My gut tells me phrases like ‘digital gold’ appeal to the Elon Musks of this world - people who are a little more technically minded, crypto enthusiats, or people who already have some value to store - but maybe won’t resonate well with the everyday person on the street who doesn’t have that affinity to money.

I’m looking forward to helping solve some of the challenges and unknowns with @NighthawkApps soon too :slight_smile:

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How is it possible the visible transaction volume is 1 billion over 24 hours?

With volume this high relative to the market cap: it seems like the price should be a lot higher. Is JPM or institutions using zcash as part of any programs? Or are coins being moved around to give the appearance of liquidity?

Been meaning to chime in on my take on the ultra bearish sentiment and why I think a bullish outlook is more logical. Bitcoin, and several other projects began undervalued. As BTC grew in popularity, demand increased and it went from very undervalued to less undervalued. Bitcoin appreciated in value, the most in terms of percentage in its earlier stages. Now the market cap is too large to see 100x+ returns. As the market cap grows larger, its price stabilizes and becomes less volatile. The only way to find 100x+ returns is to find undervalued projects early on. I did that with Ethereum and I am now doing that with ZCash. Bitcoin is a safer investment now because its market has matured and also its market cap is larger. Its the amount of time as well as the amount of investment its received that got it to this point. It was not like this early on. With ZCash, if it follows Ethereum and Bitcoin, will appreciate the most in terms of percentage early on in its life, and as market cap grows and it becomes more popular, there will be less volatility. This is why I am more bullish in the near term rather than the long term. I don’t think ultra bullish calls are “cute” or unrealistic. In fact I think they are more realistic now, than they would be later. The same could be said of BTC. A 100x+ prediction would be unrealistic now for BTC, but not for a promising project that is younger and still heavily undervalued.

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@shawn idea for the proactive ZOMG solicitation(?): refactor the btc part of Zcash so it’s scalable

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I’m waiting for Zebrad to ditch the legacy Bitcoin codebase all together. Then for massive scaling we can add Zk-Rollups for instant sync times :zebra::sparkles:

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The reason for this is cold storage, no pool has been declared permanent hence all, currently, are transient and telling people that long term cold storage is a viable option under these conditions doesn’t sound very accurate. The btc part of Zcash is the only part that isn’t really vulnerable to the quantum adversary (declaring it be permanent holds the least risk) and will be left behind anyways because of technical reasons.

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Perhaps I’m mistaken in my interpretation (it happens) so allow me to elaborate. It pertains to the recent zeal call :point_up: and the discussion of pool lifetimes. A lot of good points were made, some of which I reiterated upon in the previous post because the fact is Zcash is not a viable long term store of value which is really going to hinder it’s viability as a currency overall. At least half the core devs would not only like to see the t-pool go for philosophical reasons but have also stated it can’t scale with the rest of it so the former is moot anyways. AND we’re also talking about getting rid of pools (plural) that were or are being developed which, by itself, is less counterintuitive than combined (no?). Is that a confused analysis of the current state?

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Can someone kindly explain this statement: “…Zcash is not a viable long term store of value…” ?

I don’t see why not, it’s got a fixed amount of 21M coins just like Bitcoin.

I think what @Autotunafish is getting at is the fact that each new upgrade to the shielded protocol (Sprout, Sapling, Canopy, etc…) so far requires user to move funds to the new “pool” to take advantage of the newest tech.

That makes it tricky to “long term store” Zcash in something like a private address if the network decided to shut down an old and obsolete pool. You can’t just set and forget about it for 10 years, you would need to pay a little more attention to what Zcash is doing.

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Thank you very much Shawn. Got it. Indeed that sounds potentially problematic for anyone self managing their own Zcash.

Well yes pretty much if by “something like a private address” you mean transparent