Topic: [ANN][BTCZ] BitcoinZ - Low Fees, 100% Community, POW-Equihash No-Premine No-Tax - page 74. (Read 343721 times)

Trere are no leachers-miners on Cardano - so price will rise until investors come. But BTCZ loses $100k-200k investments avery day because of the miners sells it, especially from nicehash.
The introduction of a mixed POS/POW system in theory can restrain such a fall-there will be an incentive to hold coins.
 

No new planned promotion/marketing campaigns yet for 2018?

BitcoinZ (BTCZ) is way better than ZCL/BTCP.

Which zk-snarks privacy coin is best?   Which has the spirit of the original bitcoin?
BTCZ = community coin, no premine, no dev fund, no ICO and no founders reward.  
ZEC = 20% founder fund, WTF
ZEN = 8.5% treasury fund
HUSH = Premine
ZCL = ZEC fork, TBD fork to BTCP, lame


Think about it another way, BTCP has tonnes of crap baggage.  ZCL & BTC owners will hold majority of the wealth. With difficulty spiking because of the hype, new comers will be left to mine the crumbs while holders control the lions share of the coin, and thus control the market.    This will have a massive impact on global adoption.   At the moment and well into the future, even the poorest individuals will be able to obtain and use BitcoinZ for purchases.   Time to mine or buy BCTZ it is now!

Thanks bro!!! Yes, this is one of the best new coins!!!

3.99 years. 2021 is the first time halving, reduce block reward to 6250. You can find more infomation in community documents from BTCz homepage.

BTCz has good technology, strong community. In the age of scam coins, BTCz is really good. Price will be going up over time for long term.

When there will be BTCZ halvings??? Where can we find this information?

I saw this today:

https://z.cash/blog/new-release-1-0-14.html

How long before the BitcoinZ Developers implement this update?

I was mining there and saw a banner that said it was shutting down at 12:00pm tomorrow, didn't say the time zone.  Guess they shut down early.

Pure speculation, but with the jump in difficulty and lack of finding blocks, maybe they gave up.  I had 3k hashes running there and didn't see a block in about 30 hours (their net hash jumped between 30k and 50k hashes).

Of course I wish us good fortune, but Cardano is technically quite different from BitcoinZ and Bitcoin Private. Let's first tacked $0.10, then we'll see if $1.20 is attainable.

What's going on with vicious mining ? It is closed ? Why ?

I hope it becomes $0.10, I have 180,000 bitcoinZ and that would make me very happy. , $18,000 happy.

And just look at Cardano, 24 billion coins, price is now $1.20 or something, imagine that, I'd have A QUARTER MILLION!!!!

Isn't BitcoinZ technically similar to Bitcoin Private? ZClassic is currently priced at about $100 per coin. Because the supply of BitcoinZ is about 1000 times bigger, the price of BitcoinZ could be 1/1000th. In other words, $0.10. Accumulate before people find out!

Absolutely agreed ! You said it all!

That's not what he meant. He just answered your question. You asked how can this coin have a value and the answer is simple:
- lets suppose BTC max supply is reached, that's 21M, and that the price will be 15000$ for 1 BTC;
- that means BTC will have a marketcap of 315B $;
- lets suppose BTCZ reaches max supply, that's 21B
- lets suppose BTCZ will have marketcap equal with BTC's marketcap, thats 315B $
- this means that BTCZ's price is 15$.
This is just a suppose.

In real life the market changes , BTC might fall or might get even higher, the only thing you have to keep in mind is that BTCZ can be as big as BTC is now(january 2018) if reaches only 15$ in value. We know that being as big as BTC is hard, but technically BTCZ is better, with privacy in Z addresses and lightning fast transactions. All we need is to get the supply circulating (mine the coins), HOLD them as we are believers (otherwise whales can influence the coin's price), and buy them from miners that have to pay bills.

In other words and on a more realistic picture BTCZ is not designed to be a souvenir or an investment like gold or diamonds. BTCZ is designed to actually get rid of calculating BTC amount that you should transfer when you have to pay 23$ for something. For BTCZ it should be something like 11 BTCZ = 23$ (it's just an example). BTCZ doesn't need a value of 15.000 $ to be as big as BTC, it just needs to get to 15$, and that's a good and fair price, since it doesn't have dev taxes, it wasn't premined, it is asic resistant, so everybody has a fair start.

BitcoinZ is the only true community coin with zk-snarks privacy technology.

ZCL & BTC (BTC Private) owners will hold majority of the wealth. With difficulty spiking because of the hype, new comers will be left to mine the crumbs while BTC /ZCL holders control the lions share of the coin, and thus control the market.   The coin price will stay somewhere around $80-$120 for the foreseeable future, making it nearly unobtainable for more than 50% of the worlds population. This will have a massive impact on global adoption, as at the moment and well into the future, even the poorest individuals will be able to obtain and use BTCZ for purchases.

The 21 billion supply is not an issue.  

For illustration, if the BTC block reward is 12.5 coins per 2.5 mins, then BTCZ reward is 12500 per 2.5 mins.   Over time as the price rises, we will appreciate dealing in whole numbers instead of fractions.

As others have mentioned, it is a pain to deal in 0.001 BTC.   I rather deal with "1" whole number BTCZ.

And this is just the beginning. Some of the community members (including me) are developing online shops for BTCZ, and other tools that enhance BTCZ as payment method. We just need time. Let them FUDers and non-believers talk and keep mining/buying/HODLing.

Well said!  Big like

Then maybe you have to think that Ripple has almost the double circulation number (38 billions) ,  and already has a value of OVER 3 dollars,  with ALL the coins available without POW and no real decentralization.
So please think it again...!

It's all on us,  on the community to make this coin popular and acceptable from everyone in the future!

But that is completely wrong... 1000 BTCZ = 0.0008 / $118 ? 1,250,000 BTCZ = 1 bitcoin ?