@sonya Second! Thank you so much!!!
It is not possible to open it, could you double-check the link pls?
agreed, ghost town, ehm forum, the last days … wondered exactly the same the last days.‘’
But at least our chinese ZEC miner friends are busy as it seems.
New Zec hashrate 4.5 Gsol/s today compared to 2.6/2.7 we had 2 weeks ago. 4.5 Gsol/s is a new record.
That’s giving us some additional ZEC/BTC pressure in my opinion.
Meanwhile we are near a new BTC/ZEC record with currently 0.0127 BTC per ZEC for 2019. Seems i was to optimistic with the 0.0138 range prediction for the next weeks, damn.
And it really hurts to see how on this market cap sites our volume is still mentioned with ~200M while in reality we indeed have just about 2-3M daily …
And as you mention Comsos/ATOM i still wonder why nobody at Zcash even researches such innovative solutions that include POS like designs or at at least hybrid designs which could open 1001 more possibilities, incentives to hold ZEC and whatever not. Too sad an to be innovative company has such dated/outmoded approach today …
extra bummer since interoperability (XCAT) was something that really wanted to see zcash deploy. there’s obviously a market for this, and ZEC straight-up whiffed on this.
ZEC has defended $66 again, tho. very important number we’ve been able to maintain.
really won’t be surprised when a group gets together, and sues coinmarketcap.
Me personally has some problems with the $ price and especially the “defended” wording.
And this for several reasons:
- Main reason is still that we are (unfortunatly) following BTC. For example if BTC falls tomorrow down to $3,000 than we will fall just with them, no matter what walls ZEC has. They just don’t matter in this case.
- There is nearly no direct US$/ZEC volume. Bitfinex 270k, Gemini 40k, Bittrex 2-3k … This in my opinion is not enough to dictate the price, instead the leading price factor is just BTC/ZEC as the main pair all over. Maybe right and temporary this is a luck factor for us as it seems ZEC isn’t cashed out to US$ either.
This makes me personally very cautious with ZEC/US$ prices. I admit of course that for these investors/traders/holders that used/use only US$ or any other FIAT this makes sense, but only for these. For investors/traders/holder that came from BTC or any other crypto currrency the BTC/ZEC price is of way more importance, again, just my personal opinion. I would even add the category miners into the 2nd category.
Just some thoughts … nothing more, nothing less…
the fact ZEC’s defending $66 indicates we won’t see the very critical $64 level tested. means $66 is now support. if $64 didn’t hold $50s would’ve been likely, but $66 held meaning $70s are likely. side note - BTC is always part of the equation. i could post BTC rates, but that wouldn’t make sense on the zcash forum. imo, $7000 range is where BTC gets violently rejected, but will recover around september 2019.
Woohoo! Thanks for the stickers @sonya
Lowest ZEC/BTC price for whole 2019 today:
0.01253179 BTC (-2.10%)
I think we will see a “mini-moon” start at the beginning of 2020. Might technically have already started, but I’m thinking it could be slow and steady until around then. Completely based on the current crypto cycle + reward halving.
0.0123 allready, stall tanking day today …
Please wake me up when you think you recognize/spot a longer (more than 1 day) uptrend …
Has nothing to do with the 1 day trend, and everything to do with the reward halving + bull market. Nothing graph wise right now would indicate what I’m suggesting to my knowledge (outside of comparing to btc price/block reward schedule
interesting twitter post found in the $ZEC cashtag
This guy (article writer) should first learn how to read the google stats.
Russia is on #8 for Zcash and on #19 for ZEC
Proof:
https://trends.google.com/trends/explore?q=zec
https://trends.google.com/trends/explore?q=zcash