I just republished a fantastic article by Ryan Donnelly on the ZcashZeal blog!
I don’t think he is on the forums but will be sending him an invite to join us today. But you can follow him @thegoatlist on twitter & on this blog thegoatlist.net/
If you have not read the piece, please it check it out below>>>
Today i found something interesting in the ZEC chart. As far as I checked , after yesterday’s daily close , Zcash makes 11 green DAILY candles in a row. I think we have never had so many green candles in a row. It seems like bulls are coming back. Are we ready for number 12?
What’s the point of destroying the pool? Remember it doesn’t exist as some kind of entity. It is a group of transactions moving money into the pool (and you can’t delete those, they are on the blockchain) - and a group of transactions moving money out.
We might be talking cross purposes, the thread I mentioned is not about mining pools, but the value pools of zcash. (or maybe I am misunderstanding)
For example i know someone with a non insignificant amount of zec on a hardware wallet. - I do not think his coins should every be “redistributed” via whatever mechanism for whatever reason.
It is a hill im willing to die on.
I am not replacing one group of money controllers (banks) with another (crypto coders)
I have been hard on the ECC for this reason. Some people ad the ECC share my vision, a lot more of the ZFND did.
Not if they are “pruned” or just all transactions from those pools are refused.
Am I missing something obvious? or does my brother have to turnstyle his coins at some point or they lose all value. - Anyone else think the print free zec bug was exploited? I didnt, but now I am not so sure.
Well, they say you won’t be able to add more coins into the sprout pool but it should be possible to withdraw at any point in the future. Otherwise, I agree with you this is absolutely not acceptable.
Last year, on the same date, zec cost 0.007 BTC, only the rate passed the bottom of the price of last year, predictions about the moon immediately began, in reality it is still in the fall at the bitcoin rate, but the fact that the price in dollars is growing is the merit of bitcoin and not zec. It is enough to look at the position relative to other coins, we are still in 50th place, because everything grows proportionally. When the rate passes 0.02 for bitcoin, we can talk about the superiority of buyers over sellers, but then the dollar rate will already be about $ 1100, which is possible, of course, but difficult in the current market. We are waiting for growth.
I think the rate will grow a little more (up to about 330-367) and then we will look at the correction, up to 200 (+ -20). I see it this way, but we’ll see how it will be.