Hello! My name is josh at DigitMint Inc. we are a digital assets firm that specializes in mining farms, legal matters and custom coin creation. That being said here is our prospectus for Zcash as well as ZcashCLASSIC(ZClassic).
With the declining price of Zcash one might think that the coin was a hype scam who’s sole purpose was to generate ROI to founders of Zcash in the very beginning. Did founders have access to mining at the very beginning and did they get a return? Our opinion: of course they did. Will we see Zcash fade away after this unsettling news? No. Here’s Why.
Zcash’s sole purpose for creation was to provide 100% anonymity. More so than Monero and on a larger scale. The underground community located on channels such as Tor, Black markets, etc. are fervently waiting for one thing and one thing only: Supply Increase.
Let’s look at it this way. Let’s say the entire criminal network solely uses Bitcoin and other altcoins like Monero for their transactions. We can all agree that these transactions total up well over $500,000,000. (There are many advantages to using Zcash over Monero but for this thread we refrain from diluting the theme.)
In order for the community to even consider using Zcash there must be enough supply to handle all of their transactions. There is a huge security issue when using multiple coins for the same purpose. Loops holes and countermeasures allow law enforcement to track transactions if they aren’t done with a single coin. This being said, we have not reached the pinnacle of Zcash maturity. Wether or not Zcash will take over as the official coin of all these criminal activities is up for speculation. But from our friends who dabble in such things, rest assured that community is very restless for Zcash.
As for ZcashCLASSIC(ZClassic), an interesting development for the community. Holding almost a similar ROI as Zcash yet at a lower value per coin. We actually feel ZcashCLASSIC(ZClassic) will be a nessecary asset to a zcash in the future. If demand for zcash surpasses its output, ZcashCLASSIC(ZClassic) will be the obvious choice to handle overflow. We foresee Zcash and ZcashCLASSIC(ZClassic) to be working together soon together and will be tightly linear to eachother when it comes to ROI.
For now we wait, mine Ethereum or Monero with your GPU’s. Don’t count Zcash out just yet. The founders and investors have invested too much money for the project to fail and seeing already the usable integrations such as Debit Cards and Market Apps is premise for longevity.
Our official market prediction:
December 2016 - February 2017
$40-80 per coin
March 2017-May 2017 $200-400
June 2017- $500+ Here we will see widespread use in underground channels.