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Topic: Thoughts on Zcash? - page 20. (Read 123380 times)

newbie
Activity: 63
Merit: 0
June 17, 2017, 05:41:27 PM
I wouldn't rely on it for privacy. And then there's the 20% founders reward. And then there's the Trusted Setup. And then there's the company.

All of this is anti-crypto. That's why the price tanked and why no serious investors will touch it.
   
     Smiley

+1

I still do not understand why people invest into zcash bullshit.

It is because the ZCash price is low.
Ive thought this coin wouldnt last because of that founders reward and it ridiculous they do still love to invest on zcash because theres still movements and potential that can able to make them money.When you do mine zcash it wouldnt really be worth at all.Just put up money that you can afford to lose though.

I agree with that. With the foundation reward, developers will work harder.
legendary
Activity: 1386
Merit: 1020
DGbet.fun - Crypto Sportsbook
June 09, 2017, 10:24:23 PM
I wouldn't rely on it for privacy. And then there's the 20% founders reward. And then there's the Trusted Setup. And then there's the company.

All of this is anti-crypto. That's why the price tanked and why no serious investors will touch it.
   
     Smiley

+1

I still do not understand why people invest into zcash bullshit.

It is because the ZCash price is low.
Ive thought this coin wouldnt last because of that founders reward and it ridiculous they do still love to invest on zcash because theres still movements and potential that can able to make them money.When you do mine zcash it wouldnt really be worth at all.Just put up money that you can afford to lose though.
hero member
Activity: 574
Merit: 500
Any store can buy, sell, and accept Crypto
June 09, 2017, 09:56:26 PM
Hi guys,

What are your thoughts on Zcash and its zero-knowledge proof construction? I've read that there are already a few big investors backing up this project.

Cheers!
I hope that zero knowledge could bring positive impact to cryptocurrency world. But we need something more like what is the plan for this coin to be success. I think investor will more attracted because of this.
hero member
Activity: 909
Merit: 508
June 09, 2017, 03:48:20 PM
I wouldn't rely on it for privacy. And then there's the 20% founders reward. And then there's the Trusted Setup. And then there's the company.

All of this is anti-crypto. That's why the price tanked and why no serious investors will touch it.
   
     Smiley

+1

I still do not understand why people invest into zcash bullshit.

It is because the ZCash price is low.
hero member
Activity: 532
Merit: 500
June 03, 2017, 10:00:46 AM

Man these guys are retarded! Why would anyone use ZCash instead of ZClassic? Fuck the 1% and the fucking millionaires club! This founders reward is complete bullshit and nobody should support it! Fuck ZCash and fuck the 1% by using ZClassic!

Oh yeah this is how a typical ZCash user looks like:

Crs
member
Activity: 107
Merit: 10
sr. member
Activity: 2380
Merit: 366
May 27, 2017, 12:04:45 PM
Is Zcash what "Zero Coin" eventually turned into? And is it also what's turning into Zen Cash? It's hard to keep up with all of it lol.

ZCash is Zcash which has a ticker of ZEC. Nothing has changed since the beginning. But there are other coins that followed based on Zcash.
newbie
Activity: 14
Merit: 0
May 26, 2017, 08:51:05 PM
Is Zcash what "Zero Coin" eventually turned into? And is it also what's turning into Zen Cash? It's hard to keep up with all of it lol.
sr. member
Activity: 602
Merit: 250
May 26, 2017, 06:37:45 PM
I wouldn't rely on it for privacy. And then there's the 20% founders reward. And then there's the Trusted Setup. And then there's the company.

All of this is anti-crypto. That's why the price tanked and why no serious investors will touch it.
   
     Smiley
Thanks for sharing your opinion. I will stay away from zcash and buy some other crypto. I do not know why it have been pumped on this week. Maybe some whales did this, right?
Why ya lately a lot of altcoin in the pump, if it keeps happening may be many people suffer losses.
sr. member
Activity: 546
Merit: 250
kittiefight.io Combat MMO Lending Jackpots
May 25, 2017, 06:08:25 PM
With today's announcement that Alphabay will accept ZEC as payment it will most likely pump. However it seems like it will see some correction now as the altcoin bubble may have burst. There's plenty of time till July 1st, but I think I'll start saving up my ZEC if price falls down a bit more.
The coin had an unexpected rally doubling their valuation in a short trading time but they could not sustain the rally for a longer time and that looked like a pump and dump even for a moment unless i heard some companies are tying up with them to create better solution,with the price of bitcoin still rallying we need to monitor when the next rally will be.
sr. member
Activity: 280
Merit: 250
🌟 æternity🌟 blockchain🌟
May 25, 2017, 05:45:31 PM
With today's announcement that Alphabay will accept ZEC as payment it will most likely pump. However it seems like it will see some correction now as the altcoin bubble may have burst. There's plenty of time till July 1st, but I think I'll start saving up my ZEC if price falls down a bit more.
newbie
Activity: 55
Merit: 0
May 25, 2017, 02:28:03 PM
Who knows, where goes money after 'z_sendmany'? Help says it puts change to a different taddr. But how to control it?
full member
Activity: 208
Merit: 100
May 25, 2017, 02:01:56 PM
I wouldn't rely on it for privacy. And then there's the 20% founders reward. And then there's the Trusted Setup. And then there's the company.

All of this is anti-crypto. That's why the price tanked and why no serious investors will touch it.
   
     Smiley
Thanks for sharing your opinion. I will stay away from zcash and buy some other crypto. I do not know why it have been pumped on this week. Maybe some whales did this, right?
sr. member
Activity: 339
Merit: 250
May 25, 2017, 10:19:18 AM
I wouldn't rely on it for privacy. And then there's the 20% founders reward. And then there's the Trusted Setup. And then there's the company.

All of this is anti-crypto. That's why the price tanked and why no serious investors will touch it.
   
     Smiley

+1

I still do not understand why people invest into zcash bullshit.
sr. member
Activity: 266
Merit: 250
May 25, 2017, 03:28:04 AM
I wouldn't rely on it for privacy. And then there's the 20% founders reward. And then there's the Trusted Setup. And then there's the company.

All of this is anti-crypto. That's why the price tanked and why no serious investors will touch it.
   
     Smiley
full member
Activity: 270
Merit: 100
May 25, 2017, 03:19:27 AM
ZEC will prolly beat XMR after the stunt fluffypony did.. Personally I prefer XMR
hero member
Activity: 784
Merit: 1000
May 25, 2017, 02:02:58 AM
My prediction and advice, buy as much as possible and hold. It will gain as much in percentage growth as BTC if not more.  Remember the available supply right now  is only 1.3 mil.  Max will be 21 mil
hero member
Activity: 909
Merit: 508
May 25, 2017, 01:50:21 AM
  • Peter Todd, a Bitcoin Core developer who participated in the Zcash Trusted Setup, has called it a "backdoor" (https://twitter.com/petertoddbtc/status/793584540891643906)
  • Greg Maxwell in a presentation to Coinbase said, "Zcash is not unconditionally sound, can't be with current tech...requires a trusted setup...will need to redo the procedure [Trusted Setup] to upgrade the crypto over time so it's a vulnerability." (Youtube, time 29:30 https://youtu.be/LHPYNZ8i1cU)

I wouldn't rely on it for privacy. And then there's the 20% founders reward. And then there's the Trusted Setup. And then there's the company.

All of this is anti-crypto. That's why the price tanked and why no serious investors will touch it.
    
    


THANK YOU, there is some sanity left in this world!

Now they sold their souls (probably not much lef to sell) to JP Morgan... yeah, you heard that right, to JP Morgan...

by god, Satoshi is either vomiting his guts or turning in his grave...



Anybody can use the ZCash technology.
AGD
legendary
Activity: 2070
Merit: 1164
Keeper of the Private Key
May 23, 2017, 01:39:43 PM
  • Peter Todd, a Bitcoin Core developer who participated in the Zcash Trusted Setup, has called it a "backdoor" (https://twitter.com/petertoddbtc/status/793584540891643906)
  • Greg Maxwell in a presentation to Coinbase said, "Zcash is not unconditionally sound, can't be with current tech...requires a trusted setup...will need to redo the procedure [Trusted Setup] to upgrade the crypto over time so it's a vulnerability." (Youtube, time 29:30 https://youtu.be/LHPYNZ8i1cU)

I wouldn't rely on it for privacy. And then there's the 20% founders reward. And then there's the Trusted Setup. And then there's the company.

All of this is anti-crypto. That's why the price tanked and why no serious investors will touch it.
    
    


THANK YOU, there is some sanity left in this world!

Now they sold their souls (probably not much lef to sell) to JP Morgan... yeah, you heard that right, to JP Morgan...

by god, Satoshi is either vomiting his guts or turning in his grave...



Because of an Altcoin??? Nahhh ....
sr. member
Activity: 514
Merit: 258
May 23, 2017, 08:06:53 AM
  • Peter Todd, a Bitcoin Core developer who participated in the Zcash Trusted Setup, has called it a "backdoor" (https://twitter.com/petertoddbtc/status/793584540891643906)
  • Greg Maxwell in a presentation to Coinbase said, "Zcash is not unconditionally sound, can't be with current tech...requires a trusted setup...will need to redo the procedure [Trusted Setup] to upgrade the crypto over time so it's a vulnerability." (Youtube, time 29:30 https://youtu.be/LHPYNZ8i1cU)

I wouldn't rely on it for privacy. And then there's the 20% founders reward. And then there's the Trusted Setup. And then there's the company.

All of this is anti-crypto. That's why the price tanked and why no serious investors will touch it.
    
    


THANK YOU, there is some sanity left in this world!

Now they sold their souls (probably not much lef to sell) to JP Morgan... yeah, you heard that right, to JP Morgan...

by god, Satoshi is either vomiting his guts or turning in his grave...

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