Is Zcash worth to invest in it? - page 22.

Riddikulo

hero member

Activity: 896

Merit: 500

Quote from: Abiky on November 11, 2016, 12:39:24 PM

Since Zcash launch, prices have been around the $1000+ mark, however after a few days the price has gone down, and I think that it will continue to do so for the following days until it reaches the total supply of 21 million coins.

In my own opinion, Zcash has been overvalued, (considering that there have been privacy oriented altcoins before like Monero) and the fact that Zcash does not enforce anonymity by default (unlike Monero), it makes me wonder whenever Zcash would be a good investment or not.

If there is one thing that I don't like about Zcash, is the fact that it is behind a company, as well as having a sort of premine called Founder's reward, which seems kind of fishy to me.

Please let me know what do you think about this.

Zcash it was a first open and affordable cryptocurrency that uses zero proof of stake to protect information and at the same time guarantees complete confidentiality. This is a really interesting thing.

kskwerl

full member

Activity: 322

Merit: 100

Zcash is a decentralized open-source crypto currency, like almost all crypto-currencies. However, Zcash pays more attention to privacy than Bitcoin, for example. This means that the value of the sender and receiver transactions are hidden in the block chain. Zcash is often compared to another crypto currency, protected by privacy and security, the so-called Monero. Zcash operations are extremely fast, and sometimes it takes only about 6 milliseconds to verify the transaction. in general, it is suitable for investment Wink

ZeidFreak

member

Activity: 200

Merit: 10

Macho Gwapito ako!

One of the anonymous coin that i've invested! Just like Monero. I really love to save my retirement fund here. One question bytheway are they going to change POS in the future coz it's the electricity cost will be more efficient.

Haliburton

full member

Activity: 502

Merit: 118

Liberated Forever. Domesticated Never.

Quote from: Robot654 on May 27, 2018, 12:26:57 PM

You can invest in Zcash, but I would not advise investing all money only in this coin. It is better to divide the investment between several coins.

I concur with you. Investing in a single cryptocurrency could lead to terrible losses if its price gown down the drain. As such, even if ZCash seems like a good investment, it is advised to take the necessary precautions to protect your investment by spreading it out between different cryptocurrencies. Personally, I prefer to invest in ZCash, Litecoin, and Ethereum at the same time to help reduce the risk of losing all my investment in the future.

On the other hand, ZCash looks like it will become a very strong altcoin as it improves its technology over time. I've been reading a lot about it, and found out about the proposed ZK-STARKS technology which is far better than the current ZK-SNARKS technology that ZEC currently has, IMO, since it removes the need for a trusted setup, adding true privacy to the cryptocurrency. Therefore, in all means, I think that ZCash will become a great investment for quite a long time

Robot654

jr. member

Activity: 139

Merit: 1

You can invest in Zcash, but I would not advise investing all money only in this coin. It is better to divide the investment between several coins.

Retailatmon

newbie

Activity: 28

Merit: 0

Quote from: debianbro on May 26, 2018, 03:18:43 PM

I do not advise you to invest in Zcash. I think this is not a good choice. I think by the end of the year the price for Zcash will not grow much.

It is one of the most famous anonymous coin. So it might succeed.

debianbro

newbie

Activity: 136

Merit: 0

I do not advise you to invest in Zcash. I think this is not a good choice. I think by the end of the year the price for Zcash will not grow much.

progladko

newbie

Activity: 98

Merit: 0

It seems to me better to invest in another, more reliable coin. For example in ETH. A very good investment coin.

WildFire.ca

hero member

Activity: 980

Merit: 503

Of course, this is a great coin. I heard their team is preparing a great update, anonymity will get even better. I also advise you to take a closer look at the Remme coin, it is already traded on stock exchanges. I just wear their signature, because it's an excellent project.

Mishkagami

newbie

Activity: 122

Merit: 0

This is a good investment coin, but I would not say that the best. I advise you to invest better in other coins.

maliha tahir

newbie

Activity: 103

Merit: 0

Zcash is productive for diggers. Generally on the off chance that you purchase from trade you should lose your cash. Zcash is a standout amongst the most overrated coins ever. On the off chance that you mine it you should simply dump it. In the event that you don't mine, don't check the cost from trades.

zedaq

member

Activity: 420

Merit: 10

In recent days, ZCash has been very heavily inflated, it is too late to invest now, because it must roll back in price, and those who managed to resell and then buy out doubles twice, but it is necessary to watch these things.

k-west

member

Activity: 336

Merit: 10

Zcash is a good private coin with anonimous transactions,I think it will be rising together with all cryptocoins,so it is a good long-term investment.

Kosmolet

newbie

Activity: 138

Merit: 0

No. You should not invest in Zcash. This is not the best investment coin. It is better to invest in EOS or ADA.

virtiklo

newbie

Activity: 122

Merit: 0

Quote from: zelante on May 25, 2018, 06:34:18 AM

I am not sure that now is the right time to invest in this particular cryptocurrency. according to most financial analysts, the price of this coin is very much overheated. perhaps it will be adjusted towards the minimum I would not risk.

I agree. It is better to invest in eth and end of the year to make a profit than to invest in Zcash.

zelante

full member

Activity: 263

Merit: 100

I am not sure that now is the right time to invest in this particular cryptocurrency. according to most financial analysts, the price of this coin is very much overheated. perhaps it will be adjusted towards the minimum I would not risk.

Gribovski

newbie

Activity: 142

Merit: 0

I'd rather invest in another coin. I think it's better not to risk and invest in eth and by the end of the year to get a profit of 2 times.

blinkin

newbie

Activity: 168

Merit: 0

Quote from: iutaguqi on May 24, 2018, 03:39:12 AM

I think Zcash is a good investment. It has some unique advantages in anonymous coins, and with the difficulty of mining, the price of Zcash will rise quickly.

Now the market is red and the price of all coins is falling. But it seems to me that when the market rebounds, the price for Zcash will not grow much.

iutaguqi

newbie

Activity: 59

Merit: 0

I think Zcash is a good investment. It has some unique advantages in anonymous coins, and with the difficulty of mining, the price of Zcash will rise quickly.

Artos893

newbie

Activity: 183

Merit: 0

It seems to me to invest in Zcash a bad idea. I think the price of this coin by the end of the year will not grow much.

Topic: Is Zcash worth to invest in it? - page 22. (Read 36191 times)