Zcoin on the run. 10 Days ago was at $13 and today $33. I can see a support on $20, is this because the new Znode’ Masternode System and New Reward Model??, I want to buy some more but I'm going to wait for a retrace, I think this could moon in 2018!
I agree, ~$20 is reasonable to me. Good coin with a promising future.
Agree - way overpriced right now. Nowhere near a top 50 coin at the moment...barely have a working wallet (have had many serious fixes pushed out in the last month or two). It's a risky investment at this price, with the history of the coin. If they get their znodes out successfully (a bigger challenge than people understand), and a legitimate wallet to represent the protocol, maybe $50-$70 range, for legitimate market cap...but that's some big IFs. Lots of hype around master nodes (not released) and rewards at the moment. It's not going up much from here, and probably down....better off waiting to see if they successfully release some things before jumping in, as they are already priced in without being delivered.
MTP was to have come out in the summer...more delays, still months away. Lots of premature hype.
From $13 to $40 in 2 weeks, now a top 50 market cap, on announcement of master nodes coming (after months of speculation), and winning a coin of the month vote to get on Binance exchange?
That said, in a few months, if they deliver, they could be one of the (if not the) best privacy coins available .... assuming Bitcoin's CT work underway (Confidential Transactions) doesn't wipe out all privacy coins.
Bitcoin CT is not as private as Monero or Zcoin though.
Lots of possibilities in the CT space, and the core are now focusing some effort on it. Lots of new ideas floating around. All it takes is some creative cryptography and you'd be surprised how things can proceed. Who knows, maybe they'll even incorporate the open source zerocoin library as one option?
