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Topic: [ANN] Zclassic, Zcash Fork No Premine, No 20% Founders Tax - page 214. (Read 339570 times)

newbie
Activity: 6
Merit: 0
I ported eXtremal's Zcash Pool to Zclassic,
If anyone is interested in joining me:
zcl.spikepool.com

1% fee, automatic payout for each mined block after 100 conformations.

~SpikePool
full member
Activity: 160
Merit: 100
Zclassic 1.0.3 is released. Please upgrade.

https://github.com/z-classic/zclassic



member
Activity: 108
Merit: 12
Its no doubt the inflation is killing the price atm I personally think the dev should've kept the slow start without the founder reward but I'm still buying jic it gets popular. Who knows if Poloniex will ever add it though if they do well congrats we all just got a nice payday. The halving follows bitcoins so in 4 years lol.  Grin

Slow start means fake starting price as the supply is low. This is exactly what happened to Zcash, and look at it now. It started trading at 3900btc per ZEC and now it's trading at 0.085

Why Poloniex don't want to list Zclassic? Maybe because they know it would kill ZEC and they have big stake in ZEC?  Roll Eyes
Who knows.. but something is definitely going on. They list almost every shitcoin with no volume.

And how is inflating 30K worth of coins into a marketcap daily not damning the price of ZCL to the same fate? Bitcoin started out as pennies and had natural organic growth in both price and marketcap to get to where it is; this price for ZCL is clearly still very much inflated. The previous comment is right, the buyers have to be at the market otherwise the price collapses and its not holding 30k worth of daily volume shit its barely holding 20K in one 24 hour period. Now that could be because of BTC's rise and the volume may return but if mining keeps going up and the volume continues at the same rate it has been at we better expect the price to go a lot lower because miners do have bills to pay and they wont wait forever for the volume to pick up or for polo to get around to adding it. A slow start would have at least kept the price inflated a little longer because of the limited supply and give time for the network to growth naturally and marketcap to build without miners having to dump everyday to get the best price.

You mean 34 days longer? Yeah, that would help a lot.. look at ZEC. You are right, it helps soooooo much  Shocked  Roll Eyes

Bitcoin did not start with slow start btw.. dunno why you are talking about pennies. It was worth pennies, yes, but did not start with small inflation.
In fact, you could mine thousands of bitcoins with single laptop. That's what you call slow start? Cheesy
And you can't compare any altcoin with bitcoin, dude.
member
Activity: 83
Merit: 10
Its no doubt the inflation is killing the price atm I personally think the dev should've kept the slow start without the founder reward but I'm still buying jic it gets popular. Who knows if Poloniex will ever add it though if they do well congrats we all just got a nice payday. The halving follows bitcoins so in 4 years lol.  Grin

Slow start means fake starting price as the supply is low. This is exactly what happened to Zcash, and look at it now. It started trading at 3900btc per ZEC and now it's trading at 0.085

Why Poloniex don't want to list Zclassic? Maybe because they know it would kill ZEC and they have big stake in ZEC?  Roll Eyes
Who knows.. but something is definitely going on. They list almost every shitcoin with no volume.

And how is inflating 30K worth of coins into a marketcap daily not damning the price of ZCL to the same fate? Bitcoin started out as pennies and had natural organic growth in both price and marketcap to get to where it is; this price for ZCL is clearly still very much inflated. The previous comment is right, the buyers have to be at the market otherwise the price collapses and its not holding 30k worth of daily volume shit its barely holding 20K in one 24 hour period. Now that could be because of BTC's rise and the volume may return but if mining keeps going up and the volume continues at the same rate it has been at we better expect the price to go a lot lower because miners do have bills to pay and they wont wait forever for the volume to pick up or for polo to get around to adding it. A slow start would have at least kept the price inflated a little longer because of the limited supply and give time for the network to growth naturally and marketcap to build without miners having to dump everyday to get the best price.
member
Activity: 108
Merit: 12
Its no doubt the inflation is killing the price atm I personally think the dev should've kept the slow start without the founder reward but I'm still buying jic it gets popular. Who knows if Poloniex will ever add it though if they do well congrats we all just got a nice payday. The halving follows bitcoins so in 4 years lol.  Grin

Slow start means fake starting price as the supply is low. This is exactly what happened to Zcash, and look at it now. It started trading at 3900btc per ZEC and now it's trading at 0.085

Why Poloniex don't want to list Zclassic? Maybe because they know it would kill ZEC and they have big stake in ZEC?  Roll Eyes
Who knows.. but something is definitely going on. They list almost every shitcoin with no volume.
member
Activity: 83
Merit: 10
Its no doubt the inflation is killing the price atm I personally think the dev should've kept the slow start without the founder reward but I'm still buying jic it gets popular. Who knows if Poloniex will ever add it though if they do well congrats we all just got a nice payday. The halving follows bitcoins so in 4 years lol.  Grin
hero member
Activity: 784
Merit: 500
anybody knows details about this insane inflation? marketcap seems to go up but price down. wtf???

The marketcap goes up, because every 2.5 minutes there are 12.5 coins added to the total supply.  Each of these coins are valued at .0055BTC, which means someone has to buy, hold, or dump them.  Every day that equals about $30k USD that needs to be pumped into the ecosystem for the price to hold, which is about 40btc.  This is how the price can go down and the market cap moves up.  If this pace continues, this will be a top 40 coin in a month, and way higher in 2 months.

You'll notice on the exchanges the volume is usually around 40btc, if it goes below that threshold, the price will plummet, because most miners dump everything they mine.

The question is, how long can the buyers keep buying before they have to make a move.  Will they just just dump and recoup some money or double down and try to move up the price?  You would have to be pretty rich to buy 40btc a day to maintain the price until POW halves.
wow this is insane a montly inflation of 300% or what? why should I buy that crapcoin? when will be halving?
legendary
Activity: 1498
Merit: 1117
Well, how many of you requested Poloniex adding?

If it gets listed somehow, I expect definitelly huge impact on ZCL price.

Even if Poloniex receives 10,000 requests the coin is not going to get listed unless it has high trading volumes and a higher marketcap.




polo has a lot of coins with nearly no volume. that will not be the reason not to add zcl.
full member
Activity: 126
Merit: 100
Well, how many of you requested Poloniex adding?

If it gets listed somehow, I expect definitelly huge impact on ZCL price.

Even if Poloniex receives 10,000 requests the coin is not going to get listed unless it has high trading volumes and a higher marketcap.


full member
Activity: 238
Merit: 100
Well, how many of you requested Poloniex adding?

If it gets listed somehow, I expect definitelly huge impact on ZCL price.
sr. member
Activity: 336
Merit: 252
Zclassic will be available for trading on Poloniex in a few days

Prove it

It's obviously Weilichesbin that's created another troll account................... Roll Eyes
full member
Activity: 238
Merit: 100
Zclassic will be available for trading on Poloniex in a few days

Prove it
hero member
Activity: 1150
Merit: 502
ANy updates of the development?

How can be a update. The Coin has no DEV.

Inform yourself 1.0.3 is comming soon.

We already have some community devs along @heyrethh working on applying the patches.



Thats cool bud, except marvelous character like busoni wont ever give ya a green light, period.

Wonder why? Probably he got bribed for listing the corporate chain the second day after the opening.

I dont deny the fact this may play out like Expanse but rather on c-cex.
newbie
Activity: 1
Merit: 0
Zclassic will be available for trading on Poloniex in a few days
full member
Activity: 160
Merit: 100
ANy updates of the development?

How can be a update. The Coin has no DEV.

Inform yourself 1.0.3 is comming soon.

We already have some community devs along @heyrethh working on applying the patches.

newbie
Activity: 65
Merit: 0
hi, what markets beside c-cex  got zcl Huh
newbie
Activity: 17
Merit: 0
It seems people keep asking about the trusted setup and current development in this thread...

Classic uses the exact same trusted setup as Zcash. So you can trust Zclassic as much as Zcash in that regards. (in the OP)

Windows wallet is in the works. There is a lot to do. Right now the main focus is keeping up to date with Zcash and keeping the network running smooth. There are unique projects in the works, but it is all a matter of time and as more developers come on board.

Remember that this project is only a week old. The reason I became interested in it is because of how stable the price is and how motivated the community is for only being around a few days.
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