Is Zcash worth to invest in it? - page 23.

Haliburton

full member

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Liberated Forever. Domesticated Never.

Quote from: Hamliss on May 22, 2018, 10:28:45 AM

They are for different purpose. So both could be good.

Yes sir. These cryptos have their own unique use cases in our world. Depending on the needs of a specific user, would be the coin that he/she would use. In my case, I would choose ZCash as it's a strong cryptocurrency with many of Bitcoin's tried and tested features. ZCash with its revolutionary privacy technology, can lead to greater usage from individuals and businesses alike.

Most recently, Gemini exchange has announced the integration of ZEC within their platform. This is good news for ZCash as it would allow demand and price to rise within the future. And once ZEC switches to another PoW algorithm which is ASIC-resistant, then it would turn out to be even better. Bitmain is going to launch a miner for Equihash based cryptos like ZEC, but as long as ZCash takes the effort to prevent ASICs from mining it (like Monero did) then nothing should go wrong. Wink

Jimtorko

newbie

Activity: 129

Merit: 0

You can try some of the money to invest in Zcash, but I think the big profit you will not get.

AndreyBitTalk

newbie

Activity: 251

Merit: 0

Upon reading Zcash's description before it is going to be launched and advertise I'm thinking that it will have a bright future and will be able to make it as good as bitcoin.
But base on reading your comments guys, it made me dissatisfied and remove my interest to this coin. Too discouragement, tsk

Hamliss

newbie

Activity: 56

Merit: 0

Quote from: bascinsto on May 22, 2018, 07:01:44 AM

I do not think that Zcash is a good coin for investment. It's better to invest in eth, it's more reliable.

They are for different purpose. So both could be good.

bascinsto

newbie

Activity: 150

Merit: 0

I do not think that Zcash is a good coin for investment. It's better to invest in eth, it's more reliable.

Haliburton

full member

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Merit: 118

Liberated Forever. Domesticated Never.

Quote from: vivuta115 on May 19, 2018, 10:42:51 AM

Some other privacy coins (Verge and Monero) are making some gains too with active communities. Competition is healthy though.

I concur with you. Competition is getting stronger each day as new privacy coins come to challenge ZCash over the cryptocurrency market. While many have adopted ZEC's technology, none have been able to surpass it. Of course, Monero has a higher marketcap than ZCash, but it has a completely different technology than ZEC.

Verge on the other hand, is hyped since it doesn't have a revolutionary privacy tech unlike XMR and ZEC. Many coins which claim to have privacy, have just implemented Tor instead of a true privacy technology. But other than that, the future of ZCash is bright as it improves over time by adopting ZK-STARKS over its current ZK-SNARKS tech, making it a great investment for the future. Grin

worldtraveller321

member

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The Quest of the Best Information to the Solution

Zcash is worth it

thuthitao14

jr. member

Activity: 70

Merit: 2

I hope a lot of people are reading this thread most especially the newbie, so it wont catch them unaware that after a pump in some shitcoin there is a dump, this could be massive and only be seen on yobit last coin. There are options am not advertising.

vivuta115

newbie

Activity: 28

Merit: 0

Some other privacy coins (Verge and Monero) are making some gains too with active communities. Competition is healthy though.

smithhaoji

newbie

Activity: 25

Merit: 0

Looking at the history with these type of "fair" distributions I'd personally go for ZCL.

gaconup123

newbie

Activity: 23

Merit: 0

it is worth to invest. One day, people will understand that the anonymity and the security are the important things since the government is likely to control everything. They will soon buy more and more zcash to hide themselves

xjcjf

newbie

Activity: 116

Merit: 0

Zcash is favored by the market because of its potential technological potential. Zcash allows anonymous transactions by using a zero-knowledge proof called zk-SNARK, which allows both parties to provide verified information, but does not reveal their identity during the process. Its technical advantage determines that it still has investment value.

ppppph35

newbie

Activity: 92

Merit: 0

I think Zcash is worth investing because it is a completely anonymous cryptocurrency. I think its technology is worthy of being sought. In my opinion, investing in them is a profitable project.

PutuPartoHarjo

member

Activity: 294

Merit: 10

Perhaps at this time, the details of an altcoin do not reflect its intrinsic value, and an altcoin will grow or fall highly dependent on the law of consensus. This may happen on Zcash. But in the last two months, the coin has grown quite well while the other altcoin has hit again.

eriwis

newbie

Activity: 182

Merit: 0

The latest data shows that this ZCH has a market capitalization of about 1.4B, and transacted about 20% of its Marketcap value in one day. There is a promising growth potential there, but it's hard to say it's not being manipulated.

GsxR150

jr. member

Activity: 252

Merit: 4

Zcash once had a fantastic price in the past, probably because of its small supply. This altcoin may not be the main choice at the moment, but it looks like someone is trying to raise it.

Haliburton

full member

Activity: 502

Merit: 118

Liberated Forever. Domesticated Never.

Zcash seems to be growing at a slow pace these days. It may take a while before it becomes a strong cryptocurrency with a high valuation over the market. Compared with its early days of launch, Zcash was a lot more valuable than what it is right now. But, as it matures in development and innovation, it would be able to gain the attention it deserves among everyday people.

Now that there has been a new ASIC announced for ZCash, it would need to switch to a new mining algorithm for ASIC resistance. Doing this change would allow ZCash to remain decentralized as anyone with a GPU would be able to participate in the mining process. But, it would be up to its development team and community to implement such change in order to make Zcash great again. Despite this, I think that ZCash is a good investment for the long term.

Milana Gerson

member

Activity: 280

Merit: 10

Quote from: bitcoin2048 on May 16, 2018, 05:16:04 PM

I think that there is many perspective new projects on a horizon recent days, so maybe they will go on and have some success, by that

Yes, you are right on the horizon there are already projects that even have protocols on anonymity and data protection.

bitcoin2048

newbie

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I think that there is many perspective new projects on a horizon recent days, so maybe they will go on and have some success, by that

Bonanzabits

member

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Merit: 21

Quote from: alvinmtp on May 16, 2018, 12:22:22 PM

No more or less than any other coin from that period. I do not see anything that can make it some thing special, but there seems to be a following there. It was one of the first coins in that algo, but not the very first. There are others, and there are some that are outright copies that change only the name it seems. There is one of those out there right this second. So, really there is nothing that makes it stand out, but there are quite a few that have followed it.

I think the all thing is in a recent interview from Edward Snowden, in which he singled out ZCache first among the anonymous coins. I think against this background, the pumps began, accompanied by a big hype in darknet. But, those who understand the essence of the matter - they know that in fact, the number one coin in an anonymous world is MONERO! Wink

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