Radical “to the moon” thread

I think this is our place for the next 6 months +/- 2 ranks. NEM/XEM due their foundation funding problems will mostly drop below us. CRO and VET around us, hence i believe we will at best stay at #rank 24-26.

Good start. I’am not sure yet, but there is a chance that OCEAN Protocol will make a good start into the Top 20 as well.

Seriously? On a POW algo? I have 0 awaitings this will happen soon (next 2 years) on a POW consensus, if ever at all. That’s absolutly one thing that is done much easier on POS designs (just my opinion of course).

I have a feeling there are more months to be added …

Monero leading with over $4 in price. Maybe after the Ycash community invite he plans to invite the Monero community as well (just kidding!)…

Meanwhile we hit the lowest BTC/ZEC price ever: 0.010*
Sadly we get closer to my 0.007 BTC prediction …

@boxalex what do you think about zec in next 6 months? What will happen? I hate it when you are right🤣
Edit: but seems that we are standing still

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thought you left! honestly, i knew you wouldn’t be able to stay away long! we’re too much fun!

(2017)
Show & Tell: XCAT (Zcash & Bitcoin) https://youtu.be/nPvfn138PRg

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Here we have a saying: “Hope dies last”, lol. Regarding you hate it when i’am right or close to right. It’s just about putting less emotions on price decisions. As soon as you put emotions on you are no more objective at all. Just as a sidenote.
My prediction is still clear: 0.0065-0.007 BTC. I don’t make calculations/analysis on $ markets expect BTC.

Standing still if you have in mind US$, yes. As an investor you are losing as the money that is put on holdings could be more profitable in another crypto project. BTC for example (I’am not a BTC fan, just a logical conclusion) while we lose daily versus BTC…

couldn’t resist on this one and took a 15 minutes break from my other tasks. I’am just reading a bit here and there, that’s it. I left the community indeed and when i post for sure it will be only here from time to time, that’s it.

@kek and @boxalex you are 2 most interesting guys here :grin: like + and -

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It is kinda fun watching the two of them duel :slight_smile:

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Thx, mostly because we just speak/write directly and straight our thoughts without much diplomacy, no matter our views often differ. But as often i think we agree on many matters with kek today …

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Thought this very good written comparison which mentions even Zcash and Cosmos is worth a reading:

What to think of that analyze? Seems this way we are floating.
https://beincrypto.com/zec-zcash-price-prediction-2019-2020-5-years-updated-04-26-2019/

Referring to the US$ prices nothing as the US$ price is at least to 90% predicted by BTC. Means if BTC goes to 20k the ZEC price could be US$ 300 for example, if BTC goes down to 1000 US$ the ZEC price could be just US$5 (just examples). Hence whatever USD/ZEC technical analyzing you do, it’s all up to BTC so far. Unfortunatly of course.

The rest of the article has some good points i personally fully agree with like:

In addition, there are many other privacy coins on the market with features that Zcash is lacking, and new privacy-based protocols like Mimblewimble are emerging.
As well, Ethereum has already experimented with the introduction of zk-SNARKs. Other cryptocurrencies might also follow suit—lessening the novelty of Zcash
In short, as more privacy coins emerge on the market, Zcash may face increased competition over the long term

This competitive advantage is not likely to be permanent. For example, Ethereum integrated zk-SNARK technology into its network during the Byzantium hard fork. Other cryptocurrencies might do so as well.
If a number of cryptocurrencies emerge with zk-SNARKs and other innovative features, then the competitive advantage of Zcash is expected to diminish significantly.

==> One of my main concerns, more and more competition, more and more coins adding privacy features (be it zk-snarks or others) and on our side nothing innovative on the horizont expect some bolt that won’t be enough to make a bigger difference with all the other protocols/features upcoming/emerging.

In other words, Gemini’s listing of Zcash in accordance with NY State regulations is an accomplishment that should not be understated.

==> Principally i agree, unfortunatly without any volume there it doesn’t matter much. Without liquidity and demand the ~100k volume on gemini don’t give us a real bonus, or better the reward the gemini listing deserves.

However, the incentive created by the Founder’s Reward will inevitably end leading to possible stagnation of Zcash’s development… The problem is that four years is not a very long time. While Wilcox might consider this the “long haul,” Zcash mining will continue until at least 2032—12 years after the Founder’s Reward ends. Without a consistent source of profit for contributing to the health, maintenance, and well-being of the Zcash network, continued development may stagnate.

==> Absolutly agree with this one, another main concern i have. Even more i’am not aware of ANY plan things will continue in 1.5 year when the founders reward ends. Thx to Zcash i realized how important this is and today it’s one of the main factors while investigating/considering a given project.
Seriously, i have no idea how development at the same pace without funds could continue for longer other than on a level like a the other small projects that are based/funded on community contribution & donations only.
1.5 years may sound a long period, believe me, it’s not. In my opinion neither the foundation is and will be prepared in 1.5 years nor the development in the next 2 years (according due my knowledge) will be enough to have a top notch competive finished product available than. But who knows, maybe some devs can put something out of the magical hat :slight_smile:

By late 2020, the prevention of exploitation may be left up to members of the Zcash community, not the Electric Coin Company. If stagnation does occur and vulnerabilities exist as zk-SNARKs are integrated into other cryptocurrencies, Zcash’s popularity, success, and growth could begin diminishing by the early 2020s.

This and the risk that bigger stake holders/investos may dump their holdings around that time. I have witnessed on several projects this to happen when funding stops and/or not enough funds are available. Just normally that an investor/big bag holder may exit due the risk of low development/vulnerbilites/similars.

There are many other cryptocurrencies which integrate other privacy-based innovations into the blockchain. … Furthermore, Grin and Beam were developed using the Mimblewimble protocol. Members of the Litecoin Foundation has also announced the possibility of integrating Mimblewimble into Litecoin via a soft fork.
Privacy coins may have once been a novelty, but now some of the biggest cryptocurrencies including Ethereum and Litecoin are integrating privacy-based innovations. This is in addition to the many competitors which already exist.
In short, while Zcash has been able to demonstrate the success of zk-SNARKs and may develop sign-value within leftist organizations and social movements, it will only prove long-term vitality if it is able to demonstrate sufficient superiority over or differentiation from its competitors.

Absolutly agree. Every coin can just integrate ZEC or other privacy tech. Today and tomorrow we need a bit more than just this privacy feature which the biggest shitcoin can implent/adapt in 30 minutes…

finally! wen USD??

I’d say a large amount of the short term innovative focus would be on the reference wallet https://z.cash/blog/the-zcash-reference-wallet-is-here/. I understand it’s not a finished product hence the lack of hype but bringing shielded transactions to mobile wallets surely is a very big deal?

This is a complete BS statement.

Everyone strapping zkSNARKs on top of an insecure base layer (Tron, Ethereum, etc…) will not even be close to the same level of transaction security that Zcash provides. zkSNARKs and “Privacy” has become the new buzzword that all the coins want to say they have but what exactly are they doing better than Zcashs private transactions?

Who do they have that are actually working on the core tech? Who will be the first to find if there’s a bug buried deep in the protocol? Who is working on the next generation of Privacy which can withstand quantum computing like STARKs?

If your salty about ECC not doing enough “pumping” to temporarily raise the price of Zcash then fine, but don’t try to marginalize the work that they are actually doing by saying anyone can do it in 30mins.

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Btw, you CAN run linux Zcashd inside windows’ Ubuntu (the file path is way down deep in Windows appdata roaming directory, however all one needs to do is launch the ubuntu app and navigate to the file directory where you have zcashd and run it, it’s actually pretty easy) the whole thing is so weird

No doubt that this is something we should have allready for a longer time, but we all know that Zcash has been dozy with the wallets and is catching up now.

Just checked out randomly 2 projects that use zk-snarks, BitcoinZ and Zero, both have mobile wallets with shielded transactions. I found both mobile wallets on the google store but didn’t install them as i don’t hold any of these currencies. Both state that shielded transactions are supported on the mobile wallet. If this is true i can’t see something innovative on the Zcash mobile wallet which is coming …

Not even talking about projects that use RingCT Tech where the mobile wallets are used for longer allready.

That’s why my personal opinion is that this is not something innovative but something we should have allready for a longer time.

Edit: That’s why i’am crying rivers about the wallet issues for a year now. Finally and at least it’s worked on this, but it’s no longer a big deal. It would have been a big deal 1 year ago in my opinion. Today it’s just a must-have wallet option…

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It was an ironicall comment that every shitcoin can adapt to Zcash tech in a short time for FREE.

I’am far from saying they are doing it better, they just get the same for FREE. I didn’t use the word “better” in my comment!

Again, Zcash is doing the work, again for Free. Why should they even bother to do something if the whole work is done by someone else for FREE? Doesn’t change the fact that they get the fixes, newest tech, whatever as well, maybe a week or month later. But still, the tech is the same they get, for FREE.

It’s the true. The 30 minutes was ironically of course. But every coin just can have Zcash tech for free immediatly, easy and simple as that. And you forgot the relation in which i said this. A coin which has for example 10 unique features can add the privacy feature today nearly instantly for free, while we have just and only the privacy feature which leaves us slowly but surely behind other currencies. Exactly as the author of the article mentioned it.

Bitcoin is pumping hard, and Zcash is not following. Is there any hope left ?

Waiting and waiting for the ZEC/USD to climb. It has been cooking for so long, there gonna be a big bang or small pssssst …and nothing😁