What is going on with the Zcash price? $72 and climbing!

Now wait until price drops again and buy some more!!

WEW…so how about zec?any idea?:slight_smile:

It looks like fears of a BTC fork are driving interest in a few alt coins. Are exchanges going to enable 2 coins during a fork, or will they split your holdings like they did with ETH? This doubles the holdings of past BTC holders, but not of future entrants. This makes BTC holders even worse than banks at ripping off future holders. This makes it more like a pyramid scheme. I’ve been saying for years there are deep problems with a limited quantity coin based on basic classical economics and it is amplified if anyone who has the power to change the coin (the code), however noble-minded or consensus-driven they might be. Hyper-inflation is the result of noble minded people and the consensus. The market desperately needs a coin that people do not control, so that the machines can to continue to more rapidly economically economize the available energy on Earth to congeal (harden = lower entropy per mole) Earth’s mass.

If look at https://www.coingecko.com/en/price_charts/zcash/usd/60_days
Zcash has experience uptrend for the pass 2 months. Almost doubling in the long term.

All altcoins are in the bull within this timeframe. Now ICO is becoming hot, more money pours into coins in general.
My worry is will these ICO be legitimate, hopefully no crashes or scam. It may benefit zcash, but it may also get down if there are bad apple.

That said, im still a happy chap with the performance