Topic: Is Zcash worth to invest in it? (Read 36191 times)

I personally investing in zcash.Actually i bought some zcash during pump and i am still continue buying more and i am preparing for the next bull. I love their team and privacy is really important for me in crypto.

Good anonymous token. I bought this coin earlier when they cost little very much. Now I leave on long-term storage.

Because most people are looking for privacy and that can be found through use the anonymous coin. AFAIK ether has already created an cooperation with zcash and that means if the old protocol of zcash has already implemented to the ethereum. But i don't know if does ethereum want to put zkstarks to the ethereum platform too.

I am fully confident that this coin will become very popular and in demand. I think that anonymous coins give additional protection to people who work in the field of cryptocurrency.

You do have a point there, mate. However, even if there are other privacy coins with greater transaction volume (like Monero), Zcash is unique because it was the first privacy coin to provide a revolutionary tech known as Zero Knowledge Proofs. Such technology is being developed over time, to make it as robust as possible for privacy-centric transactions. Of course, at its current state, it requires a trusted setup (ZK-SNARKS) but it's hoped that Zcash would improve over time until it eliminates the need for a trusted setup (ZK-STARKS).

Zcash was overhyped at launch with prices above $1,000. While now it's way below that valuation, it has the possibility of increasing in price over time due to its finite supply. With only 21 million coins that will ever be mined (like Bitcoin), Zcash could be well worth the investment nowadays. It's interesting to see ongoing development for the Zcash project, as it has upgraded to the latest Sapling version which provides lots of improvements. This proves that ZEC is still active in development and innovation, despite prices tanking these past days.

Nevertheless, only time will tell us if Zcash is a privacy coin that’s worth investing in it or not. Just my opinion

Personally, I don’t understand what people found in this project except for anonymity. After all, there are so many other projects in which Blockchain is much better and more promising, and also has a high transaction rate.

Zcash is not as famous as it used to be.I don't think it's going back to old prices.If not, I would buy zcash.

Yes, I think that this coin is very reliable and promising. This coin is an anonymous coin and most likely it will become popular.

Zcash is a mature, interesting, reliable coin. When the price of this altcoin is low and cheap, it is worthwhile to believe and invest in it. Such a good situation in the crypto market with good low prices may not be.

there is a huge selection of other good altcoins on the market , I would not invest in zcash

There may be other cryptocurrencies that are much more profitable than ZCash. However, none of them are as unique as ZCash, since it was the first cryptocurrency to bring a revolutionary privacy tech known as Zero Knowledge Proofs. Being a pioneer in such privacy tech, would give it a fair advantage against more popular cryptocurrencies in existence. While prices are extremely low compared with its ATH back in 2016, I believe that there's still potential for this cryptocurrency to grow if it takes the right direction in development and innovation.

Recently, the Sapling release has been announced and it will activate soon on the ZCash blockchain. If successful, then ZCash could see a substantial increase in price within a short time frame. However, for it to maintain its value, it would need to gather adoption and popularity from people in the mainstream world. Given that ZCash has made some progress in terms of development ever since it launched back in 2016, it could be well worth the investment for the long term.

Nevertheless, the current bear market allows anyone to get into crypto at cheaper prices than 2017's ATH. ZCash is a great coin that should be on your list to invest into, since it's a cryptocurrency that has delivered the goods to the blockchain space. Just my opinion

Zcash is a very promising currency, but it has lost its value quite sharply during the last few months. An upturn is possible, but no one can guarantee when that is going to happen. But it is a very promising coin.

I'm an extremely large enthusiast associated with unknown crypto foreign currency simply because I love which I possess anonymity about the system, that ought to usually end up being, however frequently it is not really noticed particularly lately, I believe it is particularly essential right now to possess a couple of cash being wealthy later on.

It is not a good coin to invest in or to have. I am not going to diss the project, there is a lot of other things that can make money in crypto.

It could be profitable to invest in ZCash. After all, privacy coins will be highly demanded by people in our world, once they realize that governments are watching their movements every step of the way. Surveillance is not a hidden topic anymore, and there have been concerns about user privacy. Since Bitcoin transactions are not fully anonymous, other alternatives need to be used to help achieve full anonymity. ZCash is one of those alternatives which has a unique privacy technology, in which transactions are obfuscated from prying eyes.

The amount of ZEC from the sender and receiver, are never disclosed, making the cryptocurrency perfect for Business-to-Business transactions, or simply between ordinary people. Sure, the cryptocurrency is only 2 years old, but I believe that it will mature until it becomes a full-fledged privacy coin for the benefit of all. The latest Sapling release will bring many exciting upgrades to the ZCash protocol, making Shielded Transactions mandatory, for full privacy. Therefore, I strongly believe that ZCash would be a great investment for the long term.

This text that you've wrote is interesting, and probably can agree with some of the statements, but i just don't know, it doesn't seems to be good coin

Exactly. If Dogecoin is still alive and actively supported by many cryptocurrency enthusiasts, then ZCash and other altcoins which are actively being developed, could be well worth the investment. At its launch, I've thought that ZEC was going to die since prices have declined massively. However, upon carefully researching its technology, I've found out that it's quite revolutionary which could bring a new era in financial privacy.

Recently, ZCash has announced an upgrade called "Sapling" which means that it's still an actively developed cryptocurrency. It may not be as popular as Ethereum is, but it could have a bright future due to its unique privacy tech. When compared against other privacy coins, ZCash stands strong alongside Monero as a privacy coin you can rely on for your daily transactions.

Nevertheless, the most important thing to consider when investing into ZCash or any other cryptocurrency, is if the same has active development and a truly innovative technology. Only that would guarantee its success for years to come, leaving you with more money than what was initially invested over the long term. Just my opinion

I doubt that the price for Zcash this year will grow several times.  Therefore, it is better to invest in ETH.  This is a better option.

As for me, I would invest in this coin. The anonymity of transactions is no longer a novelty for the cryptocurrency market. But I think that this feature has not yet fully found its user. Thus, the price of Zcash still has to grow and it will be profitable to invest in this coin.

It's just not good to mine anymore. It was very profitable last year but with this bear market and diff not decreasing in my country I spend twice as much of money on electric bill than I can earn with mining Zcash.