Is Zcash worth to invest in it? - page 36.

Abiky

legendary

Activity: 3220

Merit: 1363

www.Crypto.Games: Multiple coins, multiple games

Quote from: Hamliss on July 12, 2017, 04:50:06 AM

The original price since launch is from 1000 bitcoin to 1 bitcoin a few days later. I think it is quite difficult to reach.

Yeah. It may take quite a long time for ZCash's price to rise back up to its original levels since launch. Especially now, as the whole cryptocurrency markets have experienced sharp declines in value over the past days.

The good thing though, is that you will be able to grab some cheap ZEC while these massive price declines lasts. I have the feeling that markets will stabilize and rise back up again after Bitcoin's Segwit2x upgrade on August 1st. If it becomes successful, then the pioneer cryptocurrency along with the rest of the altcoins on the market will skyrocket leaving you with massive profits if you've invested earlier into ZEC.

As for me, I'm hoping to buy ZEC when it becomes worth $100. As soon as it reaches those levels, it will be able to secure a lot of ZCash for when the prices rise, and obtain massive profits along the way.

Hamliss

newbie

Activity: 56

Merit: 0

Quote from: Abiky on July 03, 2017, 01:31:59 PM

Quote from: Hamliss on June 25, 2017, 03:39:54 PM

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. Grin

The original price since launch is from 1000 bitcoin to 1 bitcoin a few days later. I think it is quite difficult to reach.

Abiky

legendary

Activity: 3220

Merit: 1363

www.Crypto.Games: Multiple coins, multiple games

Quote from: Hamliss on June 25, 2017, 03:39:54 PM

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. Grin

Hamliss

newbie

Activity: 56

Merit: 0

Quote from: Abiky on June 16, 2017, 11:04:08 AM

Quote from: chalkboard17 on June 14, 2017, 02:32:28 PM

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. Grin

I agree with that. I think the market cap of the ZEC could be 50% of the bitcoin in the long term.

Abiky

legendary

Activity: 3220

Merit: 1363

www.Crypto.Games: Multiple coins, multiple games

Quote from: chalkboard17 on June 14, 2017, 02:32:28 PM

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. Grin

Termin4tor

sr. member

Activity: 404

Merit: 251

Quote from: chalkboard17 on June 14, 2017, 02:32:28 PM

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

Agreed its a very stable currency in my opinion and has been performing extremely well from the past few months. I dont think its used by hackers and people to hide their ID to be honest. Zcash is a great coin, but it lacks a good amount of real world use at the moment. I've only heard about very few companies such as Bitwala, Private Internet Access accepting them at the moment.

chalkboard17

sr. member

Activity: 484

Merit: 251

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

yusuf98

full member

Activity: 307

Merit: 119

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.

Yes we have to be more careful about zcash that cost $ 1000 + and now start to decline whether there is something wrong behind. I think zcash is good for the next few years.

indika

sr. member

Activity: 489

Merit: 250

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.

yes i agree with you zcash mostly pumped to high price and after wales get there profit it dumped, and this time its little overvalued but some community behind z cash pulls zcash price to moon

jjacob

legendary

Activity: 1554

Merit: 1026

★Nitrogensports.eu★

Quote from: nydiacaskey01 on June 14, 2017, 06:28:18 AM

Bought some of this in Poloniex today thinking of an easy investment or short term investment and in just a matter of an hour the price of ZEC rised from 0.147BTC up to 0.157BTC, instead of selling what I bought an hour ago I'm thinking of holding it longer for more profits. I hope price will not go down in 24 hours and continue its upward trend.

There is no harm in booking profits. If you are not in for the long term, then you should try and book profits after rallies like this.
If you want to hold ZCash for the long term, then you don't have to worry and can afford to ride the ups and downs.

Abiky

legendary

Activity: 3220

Merit: 1363

www.Crypto.Games: Multiple coins, multiple games

Quote from: dady12 on June 13, 2017, 10:00:56 AM

zcash is another altcoin that have good potential to grow and become the coins that will be next to bitcoin,if you wash the chat of ETH and zcash carefully you will notice that both doesn't drop deeply like other altcoin that can drop 70% ,so you have to understand that zcash will be a good coin to hold for long term,you will always smile when you hold both ETH and zcash in the future

Yeah. Both ETH and ZEC are one of the best altcoins on the market, with huge potential over the long term. They have dedicated development teams and a Foundation that would support them for many years to come unlike many altcoins out there. As ETH formed the Enterprise Ethereum Alliance and ZCash has a unique anonymity technology, both are a great combination that will continue to make strides in the future.

Perhaps, someday if prices continue to move as is, ZCash would become the third largest cryptocurrency in market cap after Ethereum, so it would leave us with Bitcoin, Ethereum and Zcash as the most prominent cryptocurrencies in the markets. As we've seen Bitcoin's market dominance declining over time, there could exist a possibility of an alternative cryptocurrency taking over Bitcoin's position.

If the pioneer cryptocurrency doesn't come up with a resolution for the never-ending scaling debate soon, it will fail and lose traction on the market quickly. Both ZEC and ETH look like possible candidates of replacing Bitcoin in the future. Just my thoughts. Grin

nydiacaskey01

legendary

Activity: 1834

Merit: 1036

Bought some of this in Poloniex today thinking of an easy investment or short term investment and in just a matter of an hour the price of ZEC rised from 0.147BTC up to 0.157BTC, instead of selling what I bought an hour ago I'm thinking of holding it longer for more profits. I hope price will not go down in 24 hours and continue its upward trend.

jane418

member

Activity: 70

Merit: 10

I believe Zcash is a good choice for long term investment.

dady12

full member

Activity: 166

Merit: 100

zcash is another altcoin that have good potential to grow and become the coins that will be next to bitcoin,if you wash the chat of ETH and zcash carefully you will notice that both doesn't drop deeply like other altcoin that can drop 70% ,so you have to understand that zcash will be a good coin to hold for long term,you will always smile when you hold both ETH and zcash in the future

Abiky

legendary

Activity: 3220

Merit: 1363

www.Crypto.Games: Multiple coins, multiple games

Quote from: ?? on ??

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

Well, we would have to wait and see what happens with ZCash after the founder's reward period is over. Since it posseses a similar supply of Bitcoin, which is 21 million coins in existence, it may continue to rise in price just like Bitcoin did from its early days up until now.

But in the meantime, I believe that you could make more money if you'd invest in Ethereum as its price is increasing at a fast pace. If you do so now, you could rest assured to double or triple your investment in a couple of months after Ethereum rises in value exponentially.

Nevertheless, ZEC is still cheap when compared to its early days since launch. If all goes well, you could expect for it to become worth $1200 and beyond like it used to be before. Just my thoughts. Grin

bitcointarget

sr. member

Activity: 350

Merit: 250

Quote from: Clark05 on June 12, 2017, 05:06:54 PM

Zcash is good altcoin also because the price is continue to increase. More people now buying zcash. This altcoin like an ethereum price is closely $300 each . But ethereum is more better than zcash but if you want more profit its better you have zcash and you ethereum and hold for few years and make a lot of profit after that. But no one can predict the price in the future.

From your point of view, it's correct. But, from my perspective, it's not a good altcoin because remember the partiy bitcoin/zcash when zcash launched first. If you bought and kept zcash in the very first stage of it, this probably caused too much loss on your side.

Clark05

sr. member

Activity: 1274

Merit: 263

Zcash is good altcoin also because the price is continue to increase. More people now buying zcash. This altcoin like an ethereum price is closely $300 each . But ethereum is more better than zcash but if you want more profit its better you have zcash and you ethereum and hold for few years and make a lot of profit after that. But no one can predict the price in the future.

Hamliss

newbie

Activity: 56

Merit: 0

Quote from: ?? on ??

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

So far, the ETH is better. But the ZEC will also rise in the future.

HatakeKakashi

hero member

Activity: 1274

Merit: 513

Quote from: ChinkyEyes on May 31, 2017, 01:56:01 PM

When I saw Zcash stable at 80 euro ish and drop to 75 I wanted to buy. Wish I had since it's price doubled haha

If the zcash drop at $75 dollars I will buy also . I hope the price of zcash will become double or triple. I like this coin because the price is stable and I hope the price will increase more. And I believe the price of zcash will increase more so we can make a lot of profit after that. Many investir will come in zcash. More projects to come with this coin.

Nathland

sr. member

Activity: 317

Merit: 250

Quote from: Abiky on June 01, 2017, 11:31:43 AM

Quote from: ChinkyEyes on May 31, 2017, 01:56:01 PM

When I saw Zcash stable at 80 euro ish and drop to 75 I wanted to buy. Wish I had since it's price doubled haha

I feel the same way as you, mate. I was skeptical at first, when I saw the value rise within the first days of launch, and then decline massively in value. But now, I'm seeing that the price is rising back up again, making me wish I had bought in earlier to reap up the profits.

But still, I believe that it is better late than never and if Zcash continues to rise in price, it may increase in market cap rating making it the third or fourth most largest cryptocurrency in the markets.

It's still in its early days, so we should give it some more time for growth until its technology becomes useful and mature enough for anyone to join in. I think that huge things will happen once the founder's reward period comes to an end. Just my opinion.

That is right. I know somebody sold when the price was $40. He is regretting now.

Topic: Is Zcash worth to invest in it? - page 36. (Read 36191 times)