Is Zcash worth to invest in it? - page 45.

JanpriX

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Buy The F*cking Dip

Quote from: Calangaman on February 11, 2017, 06:44:17 PM

People seem to forget that it took a while for Monero and Ethereum to boom

ZEC is just a few months old, so let's wait for the market to be aware about it.

This said, I much prefer ZCL

You are correct here mate. Legit coin usually takes several months/years to be developed. People should be patient about it and should consider that it will take a lot of time for the dev team to deliver progress. This also applies to Zcash. Just plan for a long-term investment strat for Zcash and many people will benefit from it in the future.

Calangaman

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People seem to forget that it took a while for Monero and Ethereum to boom

ZEC is just a few months old, so let's wait for the market to be aware about it.

This said, I much prefer ZCL

statdude

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What was early investor price? I thought $15 but just heard $11.

kumax

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Quote from: lambofan on January 22, 2017, 01:39:49 PM

Probably, by the way, I have not heard much about that coin, but in the short term the price should fall even more, The miners they have to sell to get max. profit while they can, well, that's what I think.

That may be true, because Zcash and Monero are the most popular coins to mine at the moment.
There is a high pressure on selling these coins, because miners usually don't hold the coins as an investment, they want their profit immeditely to cover electricity and hardware costs. Cool

lambofan

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Quote from: kumax on January 22, 2017, 11:21:46 AM

Quote from: Raja_MBZ on January 21, 2017, 04:20:48 PM

ZCash is probably hitting the lowest value since it's birth right now, today. Right now, I'm buying a lot of it as I'm predicting a good panic-buying for by tomorrow. The value, in my opinion, should get back up to almost 0.05 BTC till tomorrow.

It seems you were right, since today morning the price started to grow.
It is quite slow movement, but I think it is good, because we all know what usually happens to an altcoin when it gains its price too quickly. Wink

Probably, by the way, I have not heard much about that coin, but in the short term the price should fall even more, The miners they have to sell to get max. profit while they can, well, that's what I think.

kumax

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Quote from: Raja_MBZ on January 21, 2017, 04:20:48 PM

ZCash is probably hitting the lowest value since it's birth right now, today. Right now, I'm buying a lot of it as I'm predicting a good panic-buying for by tomorrow. The value, in my opinion, should get back up to almost 0.05 BTC till tomorrow.

It seems you were right, since today morning the price started to grow.
It is quite slow movement, but I think it is good, because we all know what usually happens to an altcoin when it gains its price too quickly. Wink

olubams

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Most projects actually starts out with a lot of potential and with lots of the next big thing and Zcash was not an exception couple with other coin that were still developed relying on the Zcash platform such as ZCL or ZDASH. But the issue is just that their real value is after the all mighty paparazzi and the support afterwards but I think Zcash still has some potential to be better its a matter of time whether worth it to invest or not, I will say that will rely on personal opinion...

Raja_MBZ

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ZCash is probably hitting the lowest value since it's birth right now, today. Right now, I'm buying a lot of it as I'm predicting a good panic-buying for by tomorrow. The value, in my opinion, should get back up to almost 0.05 BTC till tomorrow.

adhitthana

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Zcash is interesting as an academic exercise. Some people with advanced degrees are trying to see if they can make it work..

But it can never succeed IMHO because we can never know whether the keys were destroyed and that new zcash coins are being minted.

Zcoin is far better because if those "keys" were not destroyed the extra coins will be visible

Abiky

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Quote from: nzminer on January 20, 2017, 01:33:40 AM

Ztrash seems to just be a pump and dump from what ive observed.

It seems so. ZCash was worth nearly $45 a few days ago, but today it has declined to $43. I have the feeling that it may continue to decrease in price until the first 4 years of mining for the founder’s reward have passed.

Even though I'm not planning to invest in ZCash yet, it would be great to have some free coins while I make my move. If there would be a ZEC faucet around that would help me earn some free coins, then it would be great. I have seen one called Zeropond, but it is in testnet mode. Undecided

nzminer

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Ztrash seems to just be a pump and dump from what ive observed.

pinkpanther03

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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.

I remembered when the time of campaigning zcash the price was too expensive, I just can't even imagine its not practical for ordinary investor to go on through for that kind of value. And zcash is more on hyping people for them to get interest of the investors. Then it happens that their developer can't find it, that is sounds questionable to me. So its not really good for me to invest in, not worth it.

nelson4lov

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Quote from: PovertyByte on January 17, 2017, 07:22:05 PM

Quote from: fortunecrypto on November 11, 2016, 01:23:52 PM

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.

Their biggest drawback is the founder's rewards,and the anonymity,this coin is over hype,zcoin is a much better version I prefer the later than the former..

Soon this coin will lose hype and we will see it's real value.

The founders reward spread apart the total number of developers is really not bad compared to the major premine hoarding that other larger coins have had. The developer bonus phase is also for a limited time anyway. Given the total circulation and scarcity of the coin, it really is not that bad. It's not a bad thing for devs to have a decant supply of the coin themselves because it gives them motive to keep their project running Andy in value. Worst part if a group of people can all dump at the same time if it offers a profit but that can be said with so many other coins right now anyway

I am however curious about what the alternatives offer be side's no dev fee. All in all I don't think ZEC is unique enough to actually overtake everything else but I'm curious because its not a bad coin on its own and unlike the others it isn't all owned by a few whales who got in early. It's been mined by everyone and the only unknown is who is buying it as many keep dumping.

I don't see Zcash sticking around for long. I see a lot of negativity in it . First It is not open sourced and then There's founders rewards to deal. People are not too comfortable with all these. Currently The price is controlled heavily by whales. Majority of the fanbase of Zcash are miners.

kumax

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Quote from: hdn on January 19, 2017, 06:15:25 AM

Hi, any idea where the best place to mine and earn some zcash

From my experience, the best Zcash miner is currently EWBF's CUDA Zcash miner (https://bitcointalksearch.org/topic/ewbfs-cuda-zcash-miner-1707546).
It delivers the highest sol/s numbers from all miners (even with a 2% dev fee) and it is often updated.
You can connect to a mining pool of your choice, personaly I use Flypool.

hdn

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Quote from: AleSergio on January 11, 2017, 11:17:18 AM

ZCash can go up because a lot of people, who were mining Etherium, now mines Zcash because it is much more profitable. I dont think that it will have a huge rise, but still you should receive a little profit from this one Grin

Hi, any idea where the best place to mine and earn some zcash

bravehearth0319

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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.

You are correct by saying that Zcash has been overvalued and it is true also that the negative about in Zcash is back up by the company. This is same what happened in bitfinex before which is also behind a company. And most often they used this to hype people/investors. Though we know that Bitcoin became popular without any back up of the company.

Abiky

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Quote from: Digitalbitcoin on January 11, 2017, 11:21:36 AM

Everything mentioned above clearly takes to result as Zcash is not suitable for investment. There are many reasons for that few are as follows :

Higher price entry in market
Major premined coins

As Zcash introduced to exchanger it has very high price against Bitcoin but in few days it goes down tremendously. It means who have already bought or mined Zcash have dump there coins to market which results to decreased price of Zcash.

Agree. If ZCash didn't have the founder's reward, then I think that the price would've gone higher and would remain in its original levels. Those who invested early into ZCash had huge losses in profit due to the massive price increase. That is why I always wait for a few months after a new coin is released, as the first days of launch, the coin would be full of hype making it reach high price levels that are just speculation.

Now, I think that the prices being reflected on the markets for ZEC has stabilized and may be a good time to invest some BTC into it. It has managed to stay around the $45 - $50 mark, making the perfect opportunity to invest in it.

Nevertheless, the day when ZCash becomes accepted at major merchants worldwide, and its anonymous technology becomes usable around the darknet markets, would be the day when ZCash would really spike in price. Just my thoughts. Grin

PovertyByte

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Quote from: fortunecrypto on November 11, 2016, 01:23:52 PM

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.

Their biggest drawback is the founder's rewards,and the anonymity,this coin is over hype,zcoin is a much better version I prefer the later than the former..

Soon this coin will lose hype and we will see it's real value.

The founders reward spread apart the total number of developers is really not bad compared to the major premine hoarding that other larger coins have had. The developer bonus phase is also for a limited time anyway. Given the total circulation and scarcity of the coin, it really is not that bad. It's not a bad thing for devs to have a decant supply of the coin themselves because it gives them motive to keep their project running and in value. Worst part if a group of people can all dump at the same time if it offers a profit but that can be said with so many other coins right now anyway

I am however curious about what the alternatives offer besides no dev fee. All in all I don't think ZEC is unique enough to actually overtake everything else but I'm curious because its not a bad coin on its own and unlike the others it isn't all owned by a few whales who got in early. It's been mined by everyone and the only unknown is who is buying it as many keep dumping.

Raja_MBZ

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Miners are interested mainly in dumping ZCash actually than in keeping. That dumps the value, but behind all the pumps on ZEC, I'm guessing there is some much bigger group, maybe a group of AMD administration or something. So if they pump, that could overcome all those little dumps actually.

arbitrage

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I'm not crazy but i'm expect "another one" easily we can see 2x or 3x i cannot ask more. It will happen when you relax and forget what happened.. Many of us will join pump again , we all love this game, win some lose some. I'm watching it every day. This is not my favorit anon coin but who cares. Profit is what is important.

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