Bitcoin or zcash? - page 6. | Bitcointalksearch.org

thesavoyard

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Quote from: CraigWrightBTC on February 16, 2017, 08:40:46 AM

Quote from: n691309 on February 13, 2017, 07:07:34 AM

Quote from: thesavoyard on February 13, 2017, 07:04:41 AM

I see some of you are young. In the 90's it appeared Microsoft would be king forever, now they are losing market share every gear. Before that, Xerox, most of you dont know who that is. Bitcoin may yet make you rich, but you'll see how time erodes those that cant adapt.

So you think that zcash will replace bitcoin? Everything can happen but I doubt that something similar could happen. Bitcoin for now is way far zcash because the community of bitcoin is parger.

I think yes, he is thinking that zcash will replace bitcoin
and I am doubt too it will happens because zcash has a little marketcap
be compared with bitcoin and the zcash still has a little comunity too.

You could always read the thread. Or you could just make poor assumptions in bad grammar.

just_Alice

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Quote from: thesavoyard on February 10, 2017, 06:13:24 PM

Do you think there is room for two currencies to grow in demand, shrink in supply exponentially? Will they cut into each other's market share?

Bitcoin has been proven and can be divided into tiny fractions, given the fact it is working it seems a safe bet for the future. It has failures, though. From an economic standpoint, if zcash replaces it in underground markets, will bitcoins legal uses keep its demand high? Will it continue to grow from speculation?

Bitcoin isn't private, tumbling it has huge risks and the end user has lots of security demands to remain anonymous. It may not be the best for underground uses whcih may have an economic impact. zcash is bitcoin but with its flaws ironed out.I do suspect it will grow like bitcoin but I'm interested in the dynamics.

Thoughts?

Very few people believe in zcash these days. Although it still costs over 0.03 BTC the steady decline of its price from the beginning is obvious. Idk, if it's more anonymous than BTC and people just haven't realized it yet, maybe it has some potential. We'll see.

Zadicar

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Quote from: CraigWrightBTC on February 16, 2017, 08:40:46 AM

Quote from: n691309 on February 13, 2017, 07:07:34 AM

Quote from: thesavoyard on February 13, 2017, 07:04:41 AM

I see some of you are young. In the 90's it appeared Microsoft would be king forever, now they are losing market share every gear. Before that, Xerox, most of you dont know who that is. Bitcoin may yet make you rich, but you'll see how time erodes those that cant adapt.

So you think that zcash will replace bitcoin? Everything can happen but I doubt that something similar could happen. Bitcoin for now is way far zcash because the community of bitcoin is parger.

I think yes, he is thinking that zcash will replace bitcoin
and I am doubt too it will happens because zcash has a little marketcap
be compared with bitcoin and the zcash still has a little comunity too.

I dont know why people still do think that zcash could able to replace bitcoin,seriously? Even that coin didnt even surpass those huge marketcap coins like eth xmr which is somehow good to choose rather than zcash. It doesnt stand a chance on bitcoin because until now theres no candidate to breakeven on bitcoins progress.

CraigWrightBTC

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Quote from: n691309 on February 13, 2017, 07:07:34 AM

Quote from: thesavoyard on February 13, 2017, 07:04:41 AM

I see some of you are young. In the 90's it appeared Microsoft would be king forever, now they are losing market share every gear. Before that, Xerox, most of you dont know who that is. Bitcoin may yet make you rich, but you'll see how time erodes those that cant adapt.

So you think that zcash will replace bitcoin? Everything can happen but I doubt that something similar could happen. Bitcoin for now is way far zcash because the community of bitcoin is parger.

I think yes, he is thinking that zcash will replace bitcoin
and I am doubt too it will happens because zcash has a little marketcap
be compared with bitcoin and the zcash still has a little comunity too.

ulhaq

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I do not see why anyone would be interested in zcash. The developers/investors/etc have taken way too much coin, I heard it's between 10-20% for themselves? No serious investor is going to be interested in zcash with economics like that. Besides that, it has a smaller market cap than the other 2 anonymous-leaning currencies, dash and monero. If zcash does have any privacy benefit, monero or dash can hard fork and end its only advantage.

thesavoyard

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I do think in 10-15 years any high performing coin today has the potential to rise higher than bitcoin. Both cutting into its market share and coexisting with bitcoin. However, when I wrote the title of this thread, I asked zcash or bitcoin to hold. What's the opinion of exponential potential? Zcash is under $22 million and bitcoin is ever$16 billion, yeah it's not an immediate threat. Zcash has some immediate threat to remain relevant before people begin to dismiss it. The developers need to start working on wallets and pushing for implementation, this passive tactic isn't working.

xuan87

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Zcash still can't compete with bitcoin, the volume transaction and the amount of user still far away from bitcoin and then the trust level for zcash still too low, from the feature zcash is one of the potential coin to grow but to beat bitcoin and for user to invest in zcash still a difficult things to do, so zcash still need time to grow

thesavoyard

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Quote from: Harry Callahan on February 15, 2017, 03:56:29 PM

Quote from: clickerz on February 12, 2017, 11:15:23 PM

Still I am for BTC or bitcoin. Though Zcash is gaining base supports,still bitcoin is number 1 and it has already proven to us its worth,purpose and reliability. Zcash has more challenges to hurdle to prove itself but it is worth a try.

The only use of Zcash at the moment is trading and other than that i did not find any valid use and if you are miner you can make some money since it is a new coin,they have to build casino's that start accepting Zcash ,you really cannot compare bitcoin with Zcash.

They have on their faq that they have no plans to make any wallets other than the crappy linux wallet. They will depend on the community for that. There still isn't any windows wallet that is sure to be virus free. The good news for people betting on Zcash is there are two hardware wallets that support it while 0 that support Monero. Ledger Nano S supports Z type private wallet and Trezor supports Zcash and Dash now. So Hardware developers have placed zcash as higher priority than most cryptos. I'm just wondering why such a pro developer team won't make some damn wallets.

maybe with the adoption of the two most popular hardware wallets, we can start seeing it spent or traded directly. Bitcoin is losing its place already as the entry point for cash to crypto, Tether is rising fast as a stable storage and entry point to the crypto market. Now if we could just get some damn credit card purchases.

Harry Callahan

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Quote from: clickerz on February 12, 2017, 11:15:23 PM

Still I am for BTC or bitcoin. Though Zcash is gaining base supports,still bitcoin is number 1 and it has already proven to us its worth,purpose and reliability. Zcash has more challenges to hurdle to prove itself but it is worth a try.

The only use of Zcash at the moment is trading and other than that i did not find any valid use and if you are miner you can make some money since it is a new coin,they have to build casino's that start accepting Zcash ,you really cannot compare bitcoin with Zcash.

cryp24x

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Bitcoin, had been the king, and still the king, and will always be the king. The currency that will beat Bitcoin had never been created. So I guess it would be better if someone starts creating lots of Coins in order to beat Bitcoin, who knows maybe one of those that will be created will beat bitcoin someday

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Dux2K

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Skiped this one. Like more some others monero or dash and eather.
Bitcoin is and always will be prime.

Xester

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Quote from: asriloni on February 12, 2017, 08:48:47 PM

Quote from: thesavoyard on February 12, 2017, 03:59:58 PM

I'm buying Monero and Dash as well just to be safe,I also plan on having a few btc before next halving, but I'm mostly mining zcash because I think its advantages will win out in the end. Remember, bitcoin was $0.20 before the Silk Road, don't forget how it got where it is now.

Yeah, zcash will gain his momentum but you must be patience for some years later. With the early mine and supply is always increase every time and it makes me difficult to determining the future of zcash.

Unlike bitcoin, zcash market movement is price deflation. Its price is always going down as the number of coins is increasing from mining. Bitcoin on the other hand is more likely to keep on price inflation. We have witnessed how it increased in value over the years since 2009. There are no more reason why we should choose bitcoin over zcash but its just that bitcoin is simply the best and even history has been a witness to that.

n691309

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Quote from: thesavoyard on February 13, 2017, 07:04:41 AM

I see some of you are young. In the 90's it appeared Microsoft would be king forever, now they are losing market share every gear. Before that, Xerox, most of you dont know who that is. Bitcoin may yet make you rich, but you'll see how time erodes those that cant adapt.

So you think that zcash will replace bitcoin? Everything can happen but I doubt that something similar could happen. Bitcoin for now is way far zcash because the community of bitcoin is parger.

thesavoyard

sr. member

Activity: 560

Merit: 253

I see some of you are young. In the 90's it appeared Microsoft would be king forever, now they are losing market share every gear. Before that, Xerox, most of you dont know who that is. Bitcoin may yet make you rich, but you'll see how time erodes those that cant adapt.

Schuyler

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Quote from: sulendra12 on February 11, 2017, 12:33:13 AM

Altcoin can't replace Bitcoin. We have know altcoin (alternative coin) that's just an alternative, so everything that called "alternative" can't replace the main one (Bitcoin). Even blogs keep adveritisng zcash, it doesn't mean zcash is a main hero (instead it just a shit coin).

Actually I have no idea on zcash or even how much its price. It simply means that it is not very well known. For me, bitcoin crypto more popular compare to others with higher value-priced and known worldwide.

Seansky

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I really doubt that zcash will ever replace bitcoin as the cryptocurrency king and it will never dethrone it since bitcoin is more trusted than any of the altcoins out there who are reputable and zcash is not one of those reputable coins so I cannot see why it will dethrone bitcoin unless it got famous and attracted all bitcoin users all over the world. The chance of it happening is probably low though.

fitty

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Quote from: clickerz on February 12, 2017, 11:15:23 PM

Still I am for BTC or bitcoin. Though Zcash is gaining base supports,still bitcoin is number 1 and it has already proven to us its worth,purpose and reliability. Zcash has more challenges to hurdle to prove itself but it is worth a try.

Yeah. And bitcoin is well established rather than any coins, like zcash or monero. Im still with bitcoins because I found it convenient to use because there are many companies are now accepting it. And when it comes to reputation, I think bitcoin has an edge between the two.

pinkflower

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Quote from: lionheart78 on February 12, 2017, 03:51:56 PM

Well it seems OP is all in for zcash

, anyway I do think both currency can exist hand in hand, depend on the purpose of the people. As one of the earlier post said, we don't want the world to see how much is our wealth,do we? So i guess anonymous coin have their purpose and and so bitcoin is

What reason do you think will both Zcash and Monero can co exist in a very competitive market?

On another note. Are both cryptocurrencies scalable? I read about both and checked out their websites and I found out that in Monero, it doesnt and will not scale because the blocks are bigger than BTC's blocks. The same case may also be for Zcash.

clickerz

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Still I am for BTC or bitcoin. Though Zcash is gaining base supports,still bitcoin is number 1 and it has already proven to us its worth,purpose and reliability. Zcash has more challenges to hurdle to prove itself but it is worth a try.

Michel de Montaigne

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Quote from: thesavoyard on February 10, 2017, 06:13:24 PM

Do you think there is room for two currencies to grow in demand, shrink in supply exponentially? Will they cut into each other's market share?

Bitcoin has been proven and can be divided into tiny fractions, given the fact it is working it seems a safe bet for the future. It has failures, though. From an economic standpoint, if zcash replaces it in underground markets, will bitcoins legal uses keep its demand high? Will it continue to grow from speculation?

Bitcoin isn't private, tumbling it has huge risks and the end user has lots of security demands to remain anonymous. It may not be the best for underground uses whcih may have an economic impact. zcash is bitcoin but with its flaws ironed out.I do suspect it will grow like bitcoin but I'm interested in the dynamics.

Thoughts?

Yeah, bitcoin. To me, any altcoin will be not pass the price of bitcoin. Certain altcoins become popular during certain periods.
Litecoin was a very popular period. Now zcash is very popular. But when the prices of the altcoins increase, the price will increase in proportion to the bitcoin.

That's why my thinking is in the direction of bitcoin.

Topic: Bitcoin or zcash? - page 6. (Read 9880 times)