Topic: Zcash: Halving Is Coming (Read 492 times)
I also want to point out that, I don't know if zcash will have a big pump after halving or not, but even if it happens it is not going to happen right away and right now, it will take some time before it happens. For example bitcoin had a halving and it took this much to have a pump.
So, be calm about zcash investment if you believe in zcash for the future, this all depends on if you believe in the project or not obviously but even if you think highly of this coin, you should still consider waiting for 6 months to a year before you decide if it would go up or not. Halving is not something that skyrockets the price right away, it is something that takes time to go up and that is why I believe it should take some time for zcash to increase in price after this halving.
So, be calm about zcash investment if you believe in zcash for the future, this all depends on if you believe in the project or not obviously but even if you think highly of this coin, you should still consider waiting for 6 months to a year before you decide if it would go up or not. Halving is not something that skyrockets the price right away, it is something that takes time to go up and that is why I believe it should take some time for zcash to increase in price after this halving.
Just waiting for 18 hours to then zcash halving day will happen soon, just like bitcoin, zcash also holds a halving day every 4 years, and this year halving day exactly happens on 18 November and now crypto market conditions are starting to improve at least it can make the zcash price experience a price increase again after the zcash party did the halving day which resulted in a block reduction of about 20% from each existing block, currently the price of zcash is $62 and there has been a price reduction of about 5.7% from the price some time ago, hopefully If the halving day is over, the price of zcash will return to the market.
In my opinion, the Zcash price will slightly increase after the halving, because with the decrease in the block that occurs, so the reduction of the block will certainly make the Zcash supply in the market decrease slightly and this will automatically trigger an increase in market demand and at least be able to slightly increase the market price of Zcash.isn't that very profitable for those of us currently holding Zcash altcoins and a few hours from now is the perfect time for us to release them for profit.
Just waiting for 18 hours to then zcash halving day will happen soon, just like bitcoin, zcash also holds a halving day every 4 years, and this year halving day exactly happens on 18 November and now crypto market conditions are starting to improve at least it can make the zcash price experience a price increase again after the zcash party did the halving day which resulted in a block reduction of about 20% from each existing block, currently the price of zcash is $62 and there has been a price reduction of about 5.7% from the price some time ago, hopefully If the halving day is over, the price of zcash will return to the market.
Zcash halving incoming might not result to any break in price in terms of pumping. Zcash as one of the old coins around might have stayed for too long. So many new projects coming up with newer technologies to compete with Zcash.
I've never used nor traded zcash, any thoughts on halving influencing the price of it?of course if we look at the halving that happened to other cryptos, in general we have seen a positive impact on prices before and after, especially with what has happened to Bitcoin, and usually when other cryptos happen halving days it will certainly push up the price of crypto in the market , as well as with zcash, of course the halving day that occurs at Zcash will trigger a decrease in inflation, which will trigger a price hike which is certainly eagerly awaited by investors and traders who hold zcash
Bitcoin halving has a noticeable effect on the entire cryptocurrency market
But the altcoin story is quite different, however. With the only exception of Dogecoin perhaps, altcoins more or less follow the general trend set by Bitcoin, at least when Bitcoin goes down. In other words, the effect of halving is offset by the Bitcoin price dynamic, especially to the downside, and with a vengeance at that. It was clearly demonstrated with the halving of Litecoin. It only had a marginal effect on the price of this crypto, which was very short-lived anyway
The good news about the Zcash Halving. That means there is a limit value. this means that only 21 million coins can be mined. like the BTC halving moment in the past. I'm sure the pattern will be the same as the BTC halving moment, the amount of supply and inflation are linked together.
In my opinion, the value of Zcash is sure to have increased in price and I am sure that the parties will certainly have a strategic preparation that will be used to Maximize post-half profits.
In my opinion, the value of Zcash is sure to have increased in price and I am sure that the parties will certainly have a strategic preparation that will be used to Maximize post-half profits.
Analyzing the graphs and the information shown, we can say that there is a possibility because between the 10th and 12th of September the daily volume passed from the Billions house showing a possibility of accumulation. We can find these data in coinmarketcap and comparing the fiat chart we can find a breakdown from $93. Now adding the quality of the project with halving plus the supply and demand then that is a great sign. It's worth remembering that it's not speculation but showing the facts.
Zcash just halved and there are no unnatural price movement for the coin. It decreased a bit in the last 24 hours but is recovering a bit at the moment but no significant change compared to bitcoin. Though zcash is a popular privacy focused coin, but it's multiple fork to create competitive coins and fierce competition between decentralized and centralized privacy coins have undermined it. And it's always behind Monero when it comes to community and volunteers.
Hmm, I invested some my money in Zcash in early 2017, but then I successfully sold it when cryptocurrency hyip had started in the end 2017 - start 2018 and since that time I hadn`t checked any new regarding this coin and its development. Halving is a historical event for any blockchain and hope this one will influence positively on Zcash price and community mood. Most people don`t know or just forgot this coin. I think we need to change it, because as far as I know, project really has potential
Zcash halving incoming might not result to any break in price in terms of pumping. Zcash as one of the old coins around might have stayed for too long. So many new projects coming up with newer technologies to compete with Zcash.
I've never used nor traded zcash, any thoughts on halving influencing the price of it?of course if we look at the halving that happened to other cryptos, in general we have seen a positive impact on prices before and after, especially with what has happened to Bitcoin, and usually when other cryptos happen halving days it will certainly push up the price of crypto in the market , as well as with zcash, of course the halving day that occurs at Zcash will trigger a decrease in inflation, which will trigger a price hike which is certainly eagerly awaited by investors and traders who hold zcash.
Zcash halving incoming might not result to any break in price in terms of pumping. Zcash as one of the old coins around might have stayed for too long. So many new projects coming up with newer technologies to compete with Zcash.
I've never used nor traded zcash, any thoughts on halving influencing the price of it?
Today/Wed, 18 Nov 2020 12:42:41 UTC Zcash Halving.
Zcash is a peer-to-peer cryptocurrency and was created as a fork of Bitcoin and quite like bitcoin it also has a hard limit of 21 million coins. Zcash started as a fork of the bitcoin blockchain on October 28, 2016. Zcash total supply 21,000,000. Zcash Marketcap $653,978,227. Zcash is good investment coin. I think zcash coin pump soon.
Zcash is a peer-to-peer cryptocurrency and was created as a fork of Bitcoin and quite like bitcoin it also has a hard limit of 21 million coins. Zcash started as a fork of the bitcoin blockchain on October 28, 2016. Zcash total supply 21,000,000. Zcash Marketcap $653,978,227. Zcash is good investment coin. I think zcash coin pump soon.
Halving is the easiest way to slow down the supply growth, so it would positively affect the price. However, not sure if it's going to be a pump like Bitcoin since "no one" uses Zcash. Its only feature is just privacy. If we look at the Monero's price, privacy coins are not getting much appeal compared to ETH, TRX, and other token/DeFi platforms, where users can gamble it in casinos and gamble with tokens.
Today there should be a halving of the reward to miners for each new mined ZCash block. This will happen for the first time since, as a fork of Bitcoin that emerged in the fall of 2016, ZCash has only passed the first four years of its journey. However, in recent days, the price of this coin continues to stand at $ 65. Cryptocurrency market participants are not sure that this event could lead to a sharp increase in its price, following the example of bitcoin.
Every cryptocurrency participants thats not sure the Zcash halving will help in the surge in price of Zcash completely dont understand the concepts of halving and why it cane into the picture because halving is the strategy introduced by Satoshi Nakamoto as a way to control price inflation in crypto so I expect Zec to surpass $65.With that been said, I heard zcash v4..1.1 was released yesterday.
Today there should be a halving of the reward to miners for each new mined ZCash block. This will happen for the first time since, as a fork of Bitcoin that emerged in the fall of 2016, ZCash has only passed the first four years of its journey. However, in recent days, the price of this coin continues to stand at $ 65. Cryptocurrency market participants are not sure that this event could lead to a sharp increase in its price, following the example of bitcoin.
I hope that the impact of the Halving will help reduce the inflation rate that has been happening so far. any impact havling will basically be cut in half along with the block reward. Currently, because it is significantly higher than other cryptos, the annualized ZEC is currently at 26.53%.
if the halving goes well, I'm sure the price of Zcash will also increase over time,
Zcash is an altcoin that still has a chance to get 10x or even 50x when the altcoin season comes, so accumulate
In my opinion, the first halving moment, predicted at 12:30 UTC earlier, was not entirely correct. This allows Zcash to amass enormous strength. for me the first halving won't be big, still under $ 100. Until recently, Zcash is still looking for a big boost.Zcash is an altcoin that still has a chance to get 10x or even 50x when the altcoin season comes, so accumulate
track its movements. because it does not rule out Zcash skyrocketing earlier than predicted.
Until Zcash could attract serious investors there is nothing interesting going on to pump its price
I don't really think it is going to help
On the darkweb it has to compete with Monero, which is a by far more popular coin. But popularity means wider acceptance and more usage. But more usage is a prerequisite for true anonymity and privacy. In other words, the greater the number of people using a privacy-oriented crypto, the more anonymous it becomes (all things considered). So Zcash is kinda neither here nor there, in a sense
Zcash may not be as popular and prominent as Bitcoin or Ether, in terms of both market share and price, but it still has an active community that is willing to solve issues without being trapped in endless bickering, arguments and disputes as it happened with Bitcoin as well as many other cryptocurrencies, and hurt them so much in the past.
The problem with Zcash is that it failed to attract the very people who wants privacy and i have not seen any website that accepts Zcash even in the darkweb as far as i know. The active community might be there but what is the progress and as far as i know there were many forks in the past and i am not even following how those split coins are doing. Until Zcash could attract serious investors there is nothing interesting going on to pump its price. 
it is time for Zcash to do the halving. because if not, then how long zcash will stand at the price of $ 50. I hope Zcash shows its strength as a crypto for a long time. how not, while other cryptos have already halved. even though they are younger than Zcash.
in case the Zcash halving exceeds $ 100. maybe my assets are enough to buy a new house.
haha, yes I agree and hope Zcash will go up in price as much as Bitcoin has shown over the past few days. ZEC's chart D1 currently has broken down of the bearish trendline and looks like it is about to have a strong pump over the coming months. I'm also a holder of ZEC so I expect it to go up $ 120 by 2021. in case the Zcash halving exceeds $ 100. maybe my assets are enough to buy a new house.
Jump to: