Radical “to the moon” thread

Interesting quote from article:

“The move comes over the continuation of the project’s controversial “founders’ reward,” which took centerstage at Zcon1 and even drove a portion of the zcash community to fork off into a new network, Ycash”

I will have a think about it and maybe send you a PM or two on how best to approach this.

Thanks for the feedback :slight_smile:

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nice!

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https://cryptovest.com/news/zcash-zec-delisted-from-uk-coinbase-branch/

Edit: at least zec is on the news again
Edit 2: i think this will drag the price down a bit…

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meanwhile, hashrate is climbing again. srsly, zcash is a most controversial coin that i ever owned and/or traded.

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Btw, it’s nice to see a new face around here regularly! What made you decide to join?

bought some zcash because i hate money.)
to be serious, thou, just wanted to take a closer look why zec is still alive and where it is going.
i’m not regular to a dedicated crypto communities. i have enough fun at general purpose crypto cesspools like cryptotwitter/cryptoreddit.

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Do you have a conclusion yet? :stuck_out_tongue:

No seriously, I’d be interested to hear what you think so far.

well, i cant add much to what i’ve already said at these forums. current state of zcash is kinda snafu.)
speculators hate it.
general crypto adoption, except specualtion without any idea of even withdrawal from exchange, nevermind running a full client of your coin, is again at least postponed for every decent coin, except btc maybe.
zcash adoption without seamless and errorless installation and/or work of full or endorsed clients/wallets
is lagging. nowadays users dont like even free software that invokes some errors at any stage of running. imagine desire of non-tech-savvy user storing their money in a blockchain when he have to google to figure out why his client crashes during 1st time sync on a clean install.
big money adoption is also questionable for now with current price action and price history, unpolished state of tech and related products. i frankly dont know whom grayscale is trying to sell it as offshore sov.
asic resistance is also a questionable tradeoff. vendors of money-printing engines aka asics may be not good actors from decentralisation point of view, but afais they somehow support value of their respected coins.
expectations and narratives - two main drivers of valuations in crypto (religion is a third, but its only bitcoin story) are also not in favor of zcash. speculative money hardly twisted zec’s price at early stage, and when valuation came to more realistic levels, like now, coin has a baggage of “underperformance”. ux is improving incredibly slowly, it could be like that in 2009 with bitcoin, not in 2019 with bitcoin’s competitor.
also there’s lack of work with PR. with fighting and dissolving bad counter-PR. controversial statements from the founder of coin. i mean, he’s not disappeared satoshi. he’s alive person and every ugly articulated statement on social media gets instant backfire on coin. srsly, mb consider to employ some good pr manager?
also, real inflation vs deflationary nature also not favored. it could be ok with constantly growing market for real coins, good ux and clear future of coin, so people can be incentivised to buy it in front of halving, but obviously its not the case for now.

that all was doom and gloom side. on a bright side, i think current valuation of coin is somehow realistic, some real work on product is going on and idea is still here and on table. if all negative factors, mentioned above will be fixed, pace of impementation will surge and current negative appreciacion spiral will be broken - there are decent chances to gain valuation till 2020. thats why i have my small venture bets in, and will increase them to greater figures if i’ll see more confidence.

just my a bit expanded 2zsats.)

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Unfortunately, everything that you wrote thinks and many who write here, but we did not wait for any real actions from the fund and the company, according to the marketing and PR answers that this is not the one that comes first, wallets just started to be developed, after 2.5 years, controversial statements and loss of users is not a problem, loss of trust is also evident, the answer is that everyone can get out of the coin and this is his choice, there are no answers to the criticism and requests of the real plan for taking the project from this stage to a more promising future, all efforts are devoted to selling Financing, you wrote well, but it was and is getting worse and worse (look at the volume of exchanges, the coin is losing liquidity), perhaps you will get a complete picture by reading a few more topics on this forum.

i see some picture. i’m neither first nor even third year in crypto. my point is simple. in 2017 zec@0.1+ for me was no way. now, 0005-001 - maybe. maybe im wrong and this time isnt different, ok, i’ll lose like dozen of btc. no biggie. as for volumes, etc - all alts except new pnd’s are in decline. because btc is only “confirmed survivor” at this stage of cycle and got all the clout.

Not a single coin, possibly except ether, has such a combination of capabilities, but despite all this, zec is even worse than others, in my opinion this is unacceptable, in my opinion, a coin in the current conditions should not lose value at least, I’m not talking about the growth that should have been when the coin was accepted by the public and increased demand, but is in such a position, it could and is due to the problems described by you in the last post, we indicate this to the fund and companies, expecting that the strategy (which does not give the desired results, does not traders in the adoption process) will be reviewed and improved, awaiting a response and action.
The company has one of the tasks is talking with regulators, I do not see a single moment where zec is in a winning position in relation to other altcoins, at least somewhere? The coin base is not an indicator, it is a simple exchange, I’m talking about large-scale advantages (a pilot project in the industry, for example, in any country).

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  1. Check zcash emission rate. You will suddenly find out that zcash looses price mainly due to emission.
  2. No adoption. Why should I use zcash and how should I use it? For now it is not suitable for average Joe to use. Wallets are buggy. No handy stable mobile wallet with Z-addresses support and private key stored on user device. If I’m wrong here - please enlighten me.
  3. No good news, no perspectives. It’s a miracle price is still hasn’t dropped even further.

To the moon!

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Emission does not affect the price if points 2 and 3 are in good condition, emission in principle does not affect anything, in a project where demand is ahead of supply, otherwise coins with a large number of units could not cost more than zec

This is exactly the answer. Shitty useless wallets, no adoption + emission =

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But there is always a bright side. Price is predictable. You can use it.

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So lets buy some zec to that🐃

Sure. go for it, champ :slight_smile: 8x awaits you :wink:

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