Topic: Is Zcash worth to invest in it? - page 34. (Read 36191 times)

Couldn't agree more with you, mate. ZCash is more ideal for short term investing, rather than using the same as a serious investment tool for the long term. When it first started, it was within the $1k range, but quickly dropped in value. It is up to this point, where ZEC has been having a hard time trying to rise back to its original levels, since it cannot provide innovation where other altcoins have taken the lead.

If ZEC would've implemented a cross-platform wallet with user friendliness in the first place, then it would've had a major interest from everyday people helping it gain momentum in the mainstream world. But, the way I see it, development for ZEC is too slow and it may take a couple of years (if it ever does) to see a real wallet become released for it.

Another thing, is that the privacy part of ZEC is not enforced by default, making the majority of transactions take place in the transparent area of it, instead of driving more usage towards Shielded Transactions. Those who are not tech savvy will believe that their transactions are being private, when in reality it is not (unless they use the Shielded Transactions feature). In this part, I think that Monero wins as it enforces privacy over every transaction, making it nearly impossible to track any balance within a block explorer. Just my thoughts

there are times that the price of zcash passes the bitcoin but it all on hype literally so time goes buy and it drops and stabilize right now as what i can say you can take a little and store it for a long term. This coin can make name on long term.

I see a lot of altcoin to scratch from the present moment. Zcash is also good for investment, zcash is more suitable for altcoin to make a profit in a short time.

Zcash less a priority to be an option in investing, with the lack of which has been mentioned friends here. Just boom at the beginning, and end up like most altcoins, ie down and more. Zcash more suitable for altcoin to earn profit from trading.

Yeah. ZEC is just like another altcoin in crypto land. There is no real active development and innovation, with the only exception of intergrating an additional feature for privacy over its transactions.

Since it has the underlying founder's reward tax, I think that the main purpose for ZEC's creation was for its company to obtain profits, rather than deliver a solid cryptocurrency for the masses. It is up to this date, where I haven't seen anything new related to ZEC, where it lacks a cross-platform wallet for mainstream acceptance.

On the other hand, ZCoin has better development and community which could make it survive for many years to come. Since it doesn't have a founder's reward tax, miners get all the profit for themselves, just like any other cryptocurrency in existence. I believe that this model is far more decentralized than the one ZCash has.

Despite everything, ZEC could be more useful as a speculative tool rather than a serious investment. Perhaps, after the slow start period and founder's reward is over, we might see a serious change in its value. It would be wise to watch over its price movements over time, and profit whenever you see the chance. Just my opinion

This coin is the same as all the others and should also be treated with confidence. All this hype will eventually pass, and the coin will remain. So use it. Good luck.

I think zcash for a mixed coin and there are many other interesting coins for investment.

isn't the flaw with Zcash that it can't audit the number in circulation.

and too many university employees involved.

yes zcash is over valued now its settled and become a another pump dump coin no real use behind it and actually some group's playing with it,but z cash may go up to 0.15 btc near future i sow some development and interesting news on reddit

Yes, I think we can invest with zcash. But lately I'm a bit worried about the price, so I'll advise you to make short-term investments.

I agree with the marketing bit. ZEC need to be used by privacy orientated people.

Agree. ZCash offers nothing more than adding an additional layer of privacy over your transactions. Given that it is entirely the same as Bitcoin (supply, and underlying codebase), ZEC is just another Bitcoin clone with an additional feature that could've been implemented into the pioneer cryptocurrency in the first place.

I believe that once Bitcoin adopts Schnorr signatures and confidential transactions, it will further increase its privacy and people may tend to use it more than ZEC itself. But despite the facts, it may be worth watching what lies ahead for ZEC as time goes by, especially after the founder's reward period is over, to see its real value in the market.

All ZCash needs is marketing, promotion, and user friendliness, towards making it a mainstream cryptocurrency. But lacking a cross-platform stable wallet with a GUI, may further limit its ability from gaining traction soon. Just my opinion

zec isn't offering anything ground breaking as it is and maybe it will go up but what distinguishes it from other altcoins? It's potential isn't really clear, look at Ethereum, you can see clearly what it offers.

Maybe. This would happen after the founder's reward period is over. But, if ZCash continues to provide development and innovation at a slow pace, (like it has been doing so now) then I believe that another Zero Knowledge Proof based coin will take the lead, and ZEC will decline in value as it would only serve as a speculative tool.



Yeah. ZCash would be good for investing in the short term, but not to be used as a store of value, since it may decline over time as it lacks true development and innovation. Right now, ZEC is just a clone of BTC's codebase with the only addition of the ZK-SNARK technology. But up to this point, it hasn't managed to release a stable cross-platform GUI wallet for user friendliness, which is key for any cryptocurrency's usability and success.

With this in mind, only tech savvy users will be able to install the ZEC wallet into Linux, and adopt it. The rest of the people who are new into cryptocurrencies will have a hard time trying to figure out how to use the ZEC wallet which is only available for a single platform.

Hopefully, this would change to make the adoption of ZEC easier. But, it is up to businesses and individuals to make use of its underlying privacy technology in the mainstream world, otherwise it won't be able to rise that much over time. Just my opinion.

Zcash is the best altcoin because this altcoin has a lot of potential in the future. I have invested in this altcoin a lot and made a lot of profit. I think at the end of this year Zcash can reach $400

LOL, are you kidding me =))? One year is long time and can't say it's short term, this is crypto market, not like Gold or Stock, the volatility of crypto market strong and fast than them. So, one year is long term and usually after this time have many change the price of altcoin, example Ethereum, Stratis, Litecoin, Bitcoin ...

With the plan above, a dream team of investors stepped up to fund the Zcash Company, because they believe in our mission, and in the value of this technology for all kinds of people and industries.
We have closed a $1M funding round with these investors. By acquiring a stake in the Zcash Company, they stand to benefit both from the Founders Reward as well as from the value of any other products that the Zcash Company may create.
I am grateful to them for giving us the opportunity to do this and for the valuable business expertise they are providing.

Zcash is a decentralized and open-source cryptocurrency that offers privacy and selective transparency of transactions. Zcash payments are published on a public blockchain, but the sender, recipient, and amount of a transaction remain private.
Zcash is based on peer-reviewed cryptographic research, and built by a security-specialized engineering team on an open source platform based on Bitcoin Core's battle-tested codebase. Our improvement over Bitcoin is the addition of privacy. Zcash uses advanced cryptographic techniques, namely zero-knowledge proofs, to guarantee the validity of transactions without revealing additional information about them.

In the pre-digital currency world, both individuals and enterprises could justifibly assume that their financial transactions would be kept confidential. With Zcash, users can enjoy the advantages of using a public blockchain, while still being sure that their private information is protected.

In order to remain equally interchangeable, units of cryptocurrency must be unlinked from their history so that one unit is as good as any other unit. Zcash brings fungibility to cryptocurrency by unlinking shielded coins from their history on the blockchain.