ZEC about to Moon- check this chart


#1

Been looking at the ZEC charts for some time now, and i am seeing a slow buildup for a large up move in the making.
In a day or two this will rocket hard, this is the time to get in before the train leaves the station. We could reach 300 easy with in a few days.

Chart: https://drive.google.com/open?id=0Bwp3YBBeMvD4S25sV0ljLVRFcFU


#2

keep telling people they're going to hate themselves for selling @ these levels.. oh well ; )


#3

Looked at potential targets for zec, 0.13 first and then eventually 0.40

600% Gain would be welcome :smiley:


#4

Kicking myself, i can never buy it anywhere below $90 now https://www.coingecko.com/en/price_charts/zcash/usd


#5

imo, should buy ZEC when weak. soon people will be saying "kicking myself for not buying ZEC under a $100..
short term price target - $150
mid term price target - $300
long term price target - $500
i wouldn't be totally suprised if we crack $500 by december ^.^


Price Speculation
Price Speculation
#6

Yeh maybe sooner now :joy:


#7

\;D/ just need to shake-out the weak hands before we start our next leg up!


#8

agreed

Holding 2250 from around 100 usd, and loving :slight_smile:


#9

Servercookie was right. Can you do me a favour and buy me a lottery ticket whilst your at it? :smiley:


#10

As soon as I educated myself on ZEC I've been mining hardcore and am not surprised with the value increase.


#11

Awesome news:

New fomo incoming

https://www.reddit.com/r/DarkNetMarkets/comments/6d7q81/alphabay_will_accept_zcash_starting_july_1st_2017/


#12

Since it was discovered that those in a prominent position against Segwit were using the ASIC cheat, and because of the SEC review of its decision, some faith has returned to BTC. Up until now the Alts have kept pace, even though they are ~3 to ~5 times the 3 month value in terms of BTC. The current rise is due to restored faith, but now we still have a market cap in Alt coins that is greater than BTC, and everyone is looking at something like at least a 5x 1 year return in their alt coin in terms of BTC. Historically this has caused a hard pause in BTC (in terms fo dollars). So you might think $2700 now is the limit (it was trading $500 most of last year). But look at the 1 yr return big alt coins have in terms of dollars, something like 25x. This changes lives and even extreme investors like the alt group are likely to exit. But alt investors will not go back to dollars and have no expectation $2700 is the long term limit. I lightly predict they will go back to BTC for safety and stability until their alt coin is back to something like the 3-month BTC ratio. I would not bet on a hard BTC top until ETH is at least 1/3 its current BTC ratio. Maybe at 1/3 I'll get back into ETH and I'm waiting for ZEC to return to 1/2 the current ratio. Finally after buying ZEC for the first time at $33 and selling at $237 I've broke even from the ZP and cpu-mining disasters. The worst was ZP because I used BTC without replacing it.

I'll sell some BTC for alt coins when it reaches $5000 (if they do not keep pace with it like I am predicting) or after they crash a lot faster than BTC.

It seems like alt coins have added an enormous amount of stability to BTC. This is the first doubling it's had in less than 6 months in the past 2 years. It dropped a little more than 30% only once (very recent) in the past 2 years.

My BTC sell point for dollars over the next 3 months is $10,000 per BTC. That is the short-term "crazy" point, unless there is some wider-population driver I'm not aware of. But I can't argue against anyone selling now at $2780 and it's what I would recommend to any friend who likes to play it safe and wise. I think it might soon drop back to $2200 (next few days).


#13

Zcash adds alphabay i will be direct and straight to the point.
It will be an explosion 2000 or more very quickly why?
Supply market cap is very limited and alphabay wow....
And i can told you maybe the first explosion with zcash for 2 or 3 btc


#14

this will add much needed velocity/economic activity.. i'm certainly not going to disagree with you!

might take the market a minute to digest this news though! i'm running into/correcting massive FUD attacks on ZEC @ reddit etc from XMR die hards

outside of a couple subreddits, and the forum.. (exception of forklog's piece that's only in russian).. this is not known.. haven't seen anything reported in "mainstream" crypto news..


#15

People stayed in their alt coin when BTC looked high, and now they are rushing back into BTC as it looked oversold. The amount of stability this is adding to BTC is impressive. The competition between alts is determining the value of BTC. This is an oracle (an external fact a cyber-system needs to know, ideally without trusting a 3rd party) that is external to BTC. Oracles taking measurements of the physical world without a 3rd party is the holy grail of these P2P databases. They can't even determine time. Nick Szabo recently re-tweeted a joke someone made about looking at blocks to determine what time it is.

Granted, this oracle only shifts it from the perception of BTC value to the the perception of the value of the entire P2P-crypto-database ecosystem. But the new stability that came to BTC with the advent of viable competitors 2 years ago is clear. This is the first 33% pullback in 2 years ( 4 hour weighted avg) and it seems to be over. And the 20% to 30% pullbacks are only occurring soon after 30% to 50% rises that occur quickly. So traders are being penalized if they do not assume the rise is smooth. This is tremendous for BTC, especially considering the kind of news that has come out in the past 2 years.