Topic: Is Zcash worth to invest in it? - page 40. (Read 36191 times)
The Trezor Bitcoin Wallet, bitcoin wallet, included multi-coin support being one of #Zcash. This is thanks to the response of customer demands. The first hardware portfolio, TREZOR, was created by the SatoshiLabs company, based in Prague, known for its slush mining pool.
Every coin is ready to invest and worth it if you think it would go up, no one knows if the price will go up and stay there, some people knows if there is a pump coming but that usually followed by a dump, so if the price will go up and stay there is not something we can foresee from now, if we could than we would do the investment and everyone else would and than the price will be pumped anyway.
Patience is definitely a virtue here. My humble opinion is that altcoins with a solid developer community are more promising than those with none.
You said it right. I think it is the same story with Ethereum...so many people considered it to be done when last year it experienced so many challenges and problems but look what happened now the value is rising and it is now considered to be the number two. As to Zcash, if there is really a good community of people behind this one, then we can expect it to soon rise again in value. I know it has a history of being overvalued but this day it is now setting to where it should be. Zcash remains to be in the top 10 and that is already a feat in the first place.
Agreed, right now, ZCash is only being used for mining. Monero is mined, traded, no company behind it, and is the most anonymous coin out there. Forget ZEC.
Yes. The only use case for ZEC right now is mining. But, I believe that it may change if development and innovation comes into the digital currency. Having ZK-SNARK technology is revolutionary, but the coin still has a long way to go before it becomes usable by merchants and businesses alike.
If it could manage to bring a GUI wallet for a variety of operating systems, more people would become interested into the digital currency, as not everyone is tech savvy. Therefore, I hope that the ZCash team would release wallets for other OSes besides Linux.
In the case of XMR, it has provided strong anonymity features for quite a long time. It is surprising to see it is not worth more than ZEC itself, being much older than the latter. Hopefully, XMR would continue to increase to new heights and become the top anonymous cryptocurrency on the market. Just my thoughts.
Patience is definately a virtue here.
My humble opinion is that altcoins with a solid developer community are more promising than those with none.
My humble opinion is that altcoins with a solid developer community are more promising than those with none.
Both zcash and zclassic are just "worth" something in theory, and it's highly speculative since no markets that i know actually accept them, so even if they
are indeed highly annonymous, that feature is useless because it's not used anywhere.
Also, the prices, even right now of ~0,25 btc/zec is imho over-over-over hyped if you look at how many new coins will enter market in under a month.
There's just astronomical chances market will be interested in keeping and fueling these prices.
I traded zcash while the price was jumping up and down around 1 btc purely to make some btc profit off of it, and honestly it was as if we were passing
hot potato one to another, noone was really interested in the coins as such.
are indeed highly annonymous, that feature is useless because it's not used anywhere.
Also, the prices, even right now of ~0,25 btc/zec is imho over-over-over hyped if you look at how many new coins will enter market in under a month.
There's just astronomical chances market will be interested in keeping and fueling these prices.
I traded zcash while the price was jumping up and down around 1 btc purely to make some btc profit off of it, and honestly it was as if we were passing
hot potato one to another, noone was really interested in the coins as such.
Agreed, right now, ZCash is only being used for mining. Monero is mined, traded, no company behind it, and is the most anonymous coin out there. Forget ZEC.
I think it will take some time for the ZEC to be a currency. So just be patient.
Seriously anyone do their research on Zcash and ask me what makes it special?
Did you know its exactly the same thing as litecoin, with a different logo?
Did you know its exactly the same thing as litecoin, with a different logo?
Both zcash and zclassic are just "worth" something in theory, and it's highly speculative since no markets that i know actually accept them, so even if they
are indeed highly annonymous, that feature is useless because it's not used anywhere.
Also, the prices, even right now of ~0,25 btc/zec is imho over-over-over hyped if you look at how many new coins will enter market in under a month.
There's just astronomical chances market will be interested in keeping and fueling these prices.
I traded zcash while the price was jumping up and down around 1 btc purely to make some btc profit off of it, and honestly it was as if we were passing
hot potato one to another, noone was really interested in the coins as such.
are indeed highly annonymous, that feature is useless because it's not used anywhere.
Also, the prices, even right now of ~0,25 btc/zec is imho over-over-over hyped if you look at how many new coins will enter market in under a month.
There's just astronomical chances market will be interested in keeping and fueling these prices.
I traded zcash while the price was jumping up and down around 1 btc purely to make some btc profit off of it, and honestly it was as if we were passing
hot potato one to another, noone was really interested in the coins as such.
Agreed, right now, ZCash is only being used for mining. Monero is mined, traded, no company behind it, and is the most anonymous coin out there. Forget ZEC.
When the GUI wallet is available, will there be a big pump?
When the GUI wallet is announced, there would be major hype among ZEC users and outside investors, making its price increase like skyrocket. But if devs cannot keep up with innovation and stability to the cryptocurrency, then ZEC would decrease in price exponentially over the course of time.
It would be interesting to see a GUI wallet available for other operating systems such as Windows and Mac OS to increase user acceptance into this anon coin. User friendliness is key towards making a cryptocurrency succeed, in my own opinion. Only time will tell if ZEC can maintain its place among other evolving alternatives. Just my thoughts.
Yes, the lot of hype created on this zcash when it was launched in Poloniex, so it is not a good idea to invest in zcash.
better invest in XMR, DASH, Ripples, ETH these are the most valuable currency after bitcoin.
better invest in XMR, DASH, Ripples, ETH these are the most valuable currency after bitcoin.
Yeah. ZCash was all full of hype in its early days, with nothing to give except for the ZK-SNARKS tech and no GUI wallet whatsoever. It is up to this point where ZEC can only be used in Linux via command line, where other cryptos like Monero have wallets for Windows and Mac.
In my opinion, the development for ZEC is slow, leaving other alternatives with faster development and innovation ahead of them. It will only be a matter before ZEC's true price will be seen on the markets, once the first four years of mining (founder's reward) end.
Be aware though, as most anon coins are hyped, anyone of them can climb to the top and become the most popular one. Just my opinion.
When the GUI wallet is available, will there be a big pump?
Yes, the lot of hype created on this zcash when it was launched in Poloniex, so it is not a good idea to invest in zcash.
better invest in XMR, DASH, Ripples, ETH these are the most valuable currency after bitcoin.
better invest in XMR, DASH, Ripples, ETH these are the most valuable currency after bitcoin.
Yeah. ZCash was all full of hype in its early days, with nothing to give except for the ZK-SNARKS tech and no GUI wallet whatsoever. It is up to this point where ZEC can only be used in Linux via command line, where other cryptos like Monero have wallets for Windows and Mac.
In my opinion, the development for ZEC is slow, leaving other alternatives with faster development and innovation ahead of them. It will only be a matter before ZEC's true price will be seen on the markets, once the first four years of mining (founder's reward) end.
Be aware though, as most anon coins are hyped, anyone of them can climb to the top and become the most popular one. Just my opinion.
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
This thread also keeps me updates about this alt, because I'm also holding Zcash in my wallet and i do prefer it as long term alt.
It will be a long term coin as it has active developments.
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
This thread also keeps me updates about this alt, because I'm also holding Zcash in my wallet and i do prefer it as long term alt.
I will be honest about zcash in a long term
in a long term I will be honest about this coin. Zcash is absolutely not worth to be a long term investment, because you know from the first time it's created with very high price for an altcoin. But it's good to earn money when you trade it for short time condition. It's better to hold dash than zcash.
Yes, the lot of hype created on this zcash when it was launched in Poloniex, so it is not a good idea to invest in zcash.
better invest in XMR, DASH, Ripples, ETH these are the most valuable currency after bitcoin.
Fot me zcash is quite good to invest, there is something promising about zcash but for now the investor not really interested and believe in zcash so it is still not too famous, i think we need to wait and see a bit longer before investing in zcash
I hope you're right man, I bought some at polo when it was around $64 and now it is at $55, so I hope I don't all my investment and it does pump again to recover my investment at least. Do you think it will bounce back up?
Zclassic is down a little. The current level is a good opportunity for those wanting to get free Zencoins next month.
Most recently, ZEC's price have been rising near the $80 mark, but I believe that this is temporary l, and the coin would return to its original levels once the altcoin hype is over (because of traders moving into alts because of Bitcoin's slow confirmation times)
You mean if they're using zcash to be off-chain transaction? I don't think so. It caused by the hardfork rumour of bitcoin. Most of the bitcoin holders are scared to see the chain of bitcoin will be splitting in the future and they're just trying to save his decimal into another coin. Looks like that's happening on ethereum and dash too.
I meant because of Bitcoin's latest scaling debate, which has caused many traders and investors to look out for other alternatives. As Bitcoin's future is uncertain, many who are into Bitcoin (like me) are moving their cards into other promising coins. So far, Dash looks very promising as it has a wide array for features like instant transactions, privacy, and a hashing algorithm which is ASIC resistant, allowing anyone with a GPU to mine coins easily.
Nevertheless, I hope that would get the attention it deserves, by improving itself each day in development and innovation. The technology that it provides is very convenient for transaction privacy, and might solve one of Bitcoin's known issues called fungibility. With ZK-SNARK tech, cryptocurrencies can become fungible just like cash.
It is up to this date, where ZCash doesn't even have a usable GUI. (not to mention that it is exclusively for use in Linux now) In contrast, Komodo provides Zcash features, along with a stable GUI, a DEX, multicurrency wallet, and more. This last one has potential to increase in price sometime in the future. Right now it is below ICO price, but you can take advantage of this opportunity to buy cheap coins and claim huge profit, once its value begins to rise.
At least we must wait until the KMD dev will fix his broken chain. Currently, the komodo coin is under the hardfork for his chain.
Yeah. The Iguana wallet for Komodo still has a few bugs, but I believe that once they're addressed in the stable version, the price of each coin will rise probably at ICO levels or higher. That's why I've been holding into the coin for quite some time, and I'm not planning to spend it until an uptrend in price come out. The features it provides, are truly remarkable and may become a better alternative than ZEC itself. Just my opinion.
I agree with you, fully. But see it as a trader not as a holder. I advice everyone to use altcoins to trade, never to hold. Because of ZEC ridicilous high entry price it wouldnt get much lower than now. Its quite popular by small miners because of its nice reward. ZEC is here to stay so dont expect it to dissapear lol. It has a good technology behind it , it looks a lot like monero (ZSNARK) so ZEC is very anonymous and easy to trade. They also work togheter with Ethereum so ZEC will have a good furture. I still advice you all to just buy the real deal : bitcoin. No altcoins unless its pumping like hell and you can buy more btc with it
Fot me zcash is quite good to invest, there is something promising about zcash but for now the investor not really interested and believe in zcash so it is still not too famous, i think we need to wait and see a bit longer before investing in zcash
Zcash is famous to my mind and if we look coinmarketcup, we can see that this coin is 11th but to trust this coin is very hard because of it's price history isn't good for me. At dirst it worths some bitcoins but than it dropped and now it's nearly 0.065btc, when coin falls from thousand dollars into even not hundred, it seems there is something wrong.
Jump to: