Topic: Is Zcash worth to invest in it? - page 35. (Read 36191 times)
I think it's still good at least for the short term (about 1 year). Things that make Zcash continue to improve is the certainty of developers to continue to provide innovation and simplify the user.
It is clearly overvalued and their technology doesn't impress me, I would just invest in Monero instead of ZCASH.
Zcash is very suitable for those who want to invest long term in this altcoin because the altcoin price is currently a very stable price. I think in the future this altcoin will have higher price
Some other privacy coins (Verge and Monero) are making some gains too with active communities. Competition is healthy though.
Yeah. These coins have actively development and community support indeed, but it is only a matter of time, which proves to become the most widely used anon coin in the markets. They all have unique technologies, each with their flaws and advantages making the competition fierce among which becomes the top cryptocurrency in delivering strong anonymity.
But, if Bitcoin manages to integrate privacy into its transactions, then all other anon coins will be left behind, as people would use the pioneer cryptocurrency more for their daily transactions since it is the most prominent one in market cap.
Nevertheless, only time will tell if all these privacy oriented coins like ZCash will have a bright future or not. Just my opinion
If the bitcoin adopts that technology, it might not be used by main stream users. So I think ZEC position is still secure.
Maybe. It would be a matter of choice, if people decide to use more ZEC with its privacy features, or stay with Bitcoin. The pioneer cryptocurrency may gain better traction if it manages to adopt ZEC's privacy technology, but I believe that ZEC will remain in crypto land since it was the original cryptocurrency which brought this idea.
ZEC may be good in its technology and all, but it lacks cross-platform compatibility, and user friendliness which are the keys to any cryptocurrency's success. The dev team for ZEC is real slow, lacking to bring real innovation into the cryptocurrency other than its privacy feature itself. So the only thing that ZCash has which is unique is its privacy feature. Other than that, it is just a Bitcoin clone. Just sharing my thoughts
Some other privacy coins (Verge and Monero) are making some gains too with active communities. Competition is healthy though.
If the bitcoin adopts that technology, it might not be used by main stream users. So I think ZEC position is still secure.
Maybe. It would be a matter of choice, if people decide to use more ZEC with its privacy features, or stay with Bitcoin. The pioneer cryptocurrency may gain better traction if it manages to adopt ZEC's privacy technology, but I believe that ZEC will remain in crypto land since it was the original cryptocurrency which brought this idea.
ZEC may be good in its technology and all, but it lacks cross-platform compatibility, and user friendliness which are the keys to any cryptocurrency's success. The dev team for ZEC is real slow, lacking to bring real innovation into the cryptocurrency other than its privacy feature itself. So the only thing that ZCash has which is unique is its privacy feature. Other than that, it is just a Bitcoin clone. Just sharing my thoughts
This is very unlikely. If this technology achieves this level of success, it will be only a matter of time before someone implements it in a Bitcoin sidechain.
Yeah. Since Zcash is just a clone from Bitcoin, with the addition of Zero Knowledge Proofs, it can easily be ported into the pioneer cryptocurrency itself. So, implementing it into a sidechain would be ideal to reduce load from the main net.
When this becomes achieved, people will use Bitcoin more than ZCash, due to the privacy features, as well as being the top cryptocurrency in market cap.
Nevertheless, anything is possible in crypto land, and it should only be a matter of time before ZEC remains as the top Zero Knowledge proof cryptocurrency, or another one takes the lead.
We were just talking in a thread to promise that the cash was going to $1,000, LOL. Zcash is garbage it always was garbage and it's always going to be garbage the development team has nothing has no coding experience and all they did was clone a coin flip a few numbers in it changed a little bit in the coding and then put it out there like it's some kind of new special thing. If garbage is new well then I guess it is new.
You do have a point there, mate. ZCash is basically Bitcoin with a few tweaks such as ZK-SNARKs and founder's reward. Given that it has the same codebase as the pioneer cryptocurrency, its features can become easily implemented into Bitcoin itself.
If Bitcoin adopts this technology, then ZEC may lose its value since people would prefer to use the top and most popular cryptocurrency to secure their transactions. Add to this the upcoming smart contracts feature for Bitcoin provided by Rootstock, and the pioneer cryptocurrency will become the biggest blockchain ecosystem in the world.
With this in mind, ZEC would have a hard time to reach its original price levels, unless something new and exciting comes up for it. Just my thoughts
If the bitcoin adopts that technology, it might not be used by main stream users. So I think ZEC position is still secure.
This is very unlikely. If this technology achieves this level of success, it will be only a matter of time before someone implements it in a Bitcoin sidechain.
Yeah. Since Zcash is just a clone from Bitcoin, with the addition of Zero Knowledge Proofs, it can easily be ported into the pioneer cryptocurrency itself. So, implementing it into a sidechain would be ideal to reduce load from the main net.
When this becomes achieved, people will use Bitcoin more than ZCash, due to the privacy features, as well as being the top cryptocurrency in market cap.
Nevertheless, anything is possible in crypto land, and it should only be a matter of time before ZEC remains as the top Zero Knowledge proof cryptocurrency, or another one takes the lead.
We were just talking in a thread to promise that the cash was going to $1,000, LOL. Zcash is garbage it always was garbage and it's always going to be garbage the development team has nothing has no coding experience and all they did was clone a coin flip a few numbers in it changed a little bit in the coding and then put it out there like it's some kind of new special thing. If garbage is new well then I guess it is new.
You do have a point there, mate. ZCash is basically Bitcoin with a few tweaks such as ZK-SNARKs and founder's reward. Given that it has the same codebase as the pioneer cryptocurrency, its features can become easily implemented into Bitcoin itself.
If Bitcoin adopts this technology, then ZEC may lose its value since people would prefer to use the top and most popular cryptocurrency to secure their transactions. Add to this the upcoming smart contracts feature for Bitcoin provided by Rootstock, and the pioneer cryptocurrency will become the biggest blockchain ecosystem in the world.
With this in mind, ZEC would have a hard time to reach its original price levels, unless something new and exciting comes up for it. Just my thoughts
I agree with that. I think the market cap of the ZEC could be 50% of the bitcoin in the long term.
Maybe. ZEC has been on the rise over the past months. If it continues as is, it may return to its original price levels since launch. This anon coin has a unique privacy feature which may turn out to become revolutionary once mainstream businesses and darknet markets start accepting it.
While ZCash could be considered as a good investment nowadays, other Zero Knowledge based cryptocurrencies can be ideal for investing in the long term too. ZClassic, Zcoin, Kurrent, and Komodo are all great coins with promising features. This last one called Komodo, has a GUI wallet with multicurrency support, as well as strong security with Bitcoin's hashrate making it a great sustainable cryptocurrency for the long term.
Nevertheless, only time will tell if ZEC's underlying technology would be put to great use or not. Just my thoughts.
I think there is still room for a major ATH, but the guy is expecting 100x return, kind of crazy goal.
We were just talking in a thread to promise that the cash was going to $1,000, LOL. Zcash is garbage it always was garbage and it's always going to be garbage the development team has nothing has no coding experience and all they did was clone a coin flip a few numbers in it changed a little bit in the coding and then put it out there like it's some kind of new special thing. If garbage is new well then I guess it is new.
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.
I guess investment for zcash is not applicable for investment i guess zcash is a dead coin pumping and then dump a lot is not a good thing for investment in the end maybe there will be no profit earn for you i guess maybe try eth and monero or something like waves. 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.
It is worth to invest in zcash because its price always goes up and more people are looking into investing their money in zcash to find the 100% anonymous currency. It is very good for hackers and people who want to hide their ID
Yes. Since ZEC's value has been in a constant uptrend, it would be very ideal to invest now to preserve your profits in the future. Anonymous cryptocurrencies have always been a big trend on the markets and ZCash bringing a better technology to maximize your privacy, would greatly become widely used by anyone in the future.
Right now, it is still in its footsteps since launch, so it is best to give it a few more years for it to mature and become a solid cryptocurrency. With a finite supply of 21 million coins like Bitcoin, it will tend to become scarcer each day increasing in value over the long term.
At first, ZEC didn't seem worth the investment, but now that prices have started to increase, it would be the perfect time to get some if you haven't done so already. Only time will tell if it will survive for many years to come. Just my thoughts.
I agree with that. I think the market cap of the ZEC could be 50% of the bitcoin in the long term.
ZCash is solid in many ways, as a long term hodl. Short term probably very underwhelming. But it will become awesome the instant Zooko closes his cringe enducing twitter account and leaves all social media for good.
Zcash looks like a good coin it is still new in the market that is why price come down so much but I am sure when it gets old and people will know the value of this coin and I am sure it will grow more in future I am holding Zcash and I am sure it will be worth holding it for a long term.
Zcash is good but I do not think that it is suitable for a very very long term investment. It will be better if you invest your money in ethereum or ethereum classic because they are 100% better than zcash. However, if you are a risk taker, zcash is a good crypto to place your money in
Zencash should dominate the privacy-centric cryptocurrency space within a few years.
Another Alphabay/silkroad/silkbay/alpharoad whatever it will be called, will pop up soon enough. I'm a huge long term Zcash bull and accumulating more and more slowly. Just give it a year or two or three. Same with XMR, it may take a while, but when it goes, it goes big time.
That is a good suggestion. But I think the price of ZEC cannot be more than 0.5 bitcoin.
Another Alphabay/silkroad/silkbay/alpharoad whatever it will be called, will pop up soon enough. I'm a huge long term Zcash bull and accumulating more and more slowly. Just give it a year or two or three. Same with XMR, it may take a while, but when it goes, it goes big time.
I doubt any of markets will add Zcash, Monero or ETH again. Precident exist.
Afer Alphabay added this coins the servers was busted. Coincident?
I do not think so.
This will keep any markets away from this coins. They hardly will get real usage soon. I do not see why they should rise again in long.
A lot of people was investing in Zcash and Monero just because of Alphabay and real usage.
ETH have ICOs and dapps online it will probably suffer less from Alphabay closure. But have another problem - like Scalabilityand questionable PoS. Many people think that PoS is a bad idea.
Bitcoin in my opinion after Segwit activation is likely to be Your Majesty again. Especialy with new coming futures like confidential transaction, lighting network, mast,rsk smart.
Another Alphabay/silkroad/silkbay/alpharoad whatever it will be called, will pop up soon enough. I'm a huge long term Zcash bull and accumulating more and more slowly. Just give it a year or two or three. Same with XMR, it may take a while, but when it goes, it goes big time.
What about Alphabay servers which is busted now and admin sucidal in prison.
That all happened after Alphabay added 3 new coin wallets (Zcash,ETH,Monero)
Now all 3 coins is suspicious to use. It is backdoors in 1 of them. The most suspicious coin is Zcash.
Alphabay servers was operating for years with Bitcoin only.
After Segwit will be activated the more good futures will come to BTC including confidential transaction.
Competitors like Monero and Zcash will loose value,because they do not have real usage.
Zcash after Alphabay servers is busted is dead coin.
Obviously they have backdoors in it.
Do not see any reason now for zcash and monero to rise again..
That all happened after Alphabay added 3 new coin wallets (Zcash,ETH,Monero)
Now all 3 coins is suspicious to use. It is backdoors in 1 of them. The most suspicious coin is Zcash.
Alphabay servers was operating for years with Bitcoin only.
After Segwit will be activated the more good futures will come to BTC including confidential transaction.
Competitors like Monero and Zcash will loose value,because they do not have real usage.
Zcash after Alphabay servers is busted is dead coin.
Obviously they have backdoors in it.
Do not see any reason now for zcash and monero to rise again..
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