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
Topic: Zcash: Halving Is Coming - page 2. (Read 500 times)
It seems interesting. Any past price movement history near halving event?
There is something i am not very clear about regarding halving.
Do all coin have halving event?
If they do, does the halving work the same way the bitcoin and ethereum halving works? To me , i believ all coins don't have same mechanism and business models.
It is based on their algorithms, I think. If they are POW, I think halving will be there. Anyway, it is also a good idea to keep the price well-covered. But again, it can also welcome 51% attack.
Zen has its halving also at the same time as ZCASH.
to be honest I'm not sure Zcash halving will make Zcash price go up or pump,
this is because the high bitcoin domination situation makes it hard for altcoins to go up,
are you sure Zcash will pump?, look at Ethereum, BCH and Ripple, they have good news but prices tend to fall and sideways.
this is because the high bitcoin domination situation makes it hard for altcoins to go up,
are you sure Zcash will pump?, look at Ethereum, BCH and Ripple, they have good news but prices tend to fall and sideways.
You are right Bitcoin is now dominating the market so the rest of the altcoins are not getting a chance to turn around. Now relying on good news alone may not be the right decision to buy a coin. When the dominance of Bitcoin continues to decline, these coins are likely to change the trend again. I will wait a few more days to buy this coin. Because I want to invest my money with some certainty.
If they do, does the halving work the same way the bitcoin and ethereum halving works? To me , i believ all coins don't have same mechanism and business models
Zcash actually picks up where Bitcoin leaves (in terms of privacy)
So it uses, or used, Bitcoin's codebase, with some privacy tricks and tweaks here and there. Therefore, it stands to reason that its halving is pretty much similar to the halving of Bitcoin, which we have seen a few already. The only notable difference in this regard is that it is not technically "halving" as the block reward is not halved but rather quartered. Right now it equals 12.5 units of Zcash, and after halving it will be measly 3.125 coins. Some miners may start looking for a better application of their hash power
to be honest I'm not sure Zcash halving will make Zcash price go up or pump,
this is because the high bitcoin domination situation makes it hard for altcoins to go up,
are you sure Zcash will pump?, look at Ethereum, BCH and Ripple, they have good news but prices tend to fall and sideways.
this is because the high bitcoin domination situation makes it hard for altcoins to go up,
are you sure Zcash will pump?, look at Ethereum, BCH and Ripple, they have good news but prices tend to fall and sideways.
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.
in case the Zcash halving exceeds $ 100. maybe my assets are enough to buy a new house.
It seems interesting. Any past price movement history near halving event?
There is something i am not very clear about regarding halving.
Do all coin have halving event?
If they do, does the halving work the same way the bitcoin and ethereum halving works? To me , i believ all coins don't have same mechanism and business models.
if you hold I'm sure the ZEC price might be up to $ 5000
That's unlikely if you ask me
Zcash is a niche coin, and since it is privacy-oriented (even though you can use transparent transactions instead of shielded ones with it), it is not very reasonable to expect it to be a huge success (synonymous with $5000). First of all, if it gets traction, governments are going to crack down on it. But most importantly, the vast majority of people don't really need this level of privacy for the simple reason any cryptocurrency is primarily used for speculation, not for facilitation of the exchange of goods and services
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 feel like the halving will come with a prize crash because a lot of miners will have to move to another coin to still make a nice profit. And some of them will sell their coins, so, if a whale like that does his move then say bye to the $64. Halving always bring chaos and some hard moves on the markets.
Interesting. I checked the price charts and so far it seems that the upcoming halving did not have a significant impact on the price so far.
When you look at the last halving of BTC then that also didn't have an effect on the price before it occured if i remember correctly.
The price of BTC started to climb a few months after the halving happened, maybe it will be the same with Zcash.
When you look at the last halving of BTC then that also didn't have an effect on the price before it occured if i remember correctly.
The price of BTC started to climb a few months after the halving happened, maybe it will be the same with Zcash.
I remember that one of my friend offers me to invest on his mining rig to mine this coin on early release of this project. I have a very good ROI before this token listed on big exchange that time like Polo. Zcash has a wide and active mining community before and I don't if the mining community is still the same. This halving might be the turning point for Zcash to gain momentum for it's price recovery and reach its all time high again.
It seems interesting. Any past price movement history near halving event?
It will be the first Zcash halving ever
So we can't say anything specific about Zcash price dynamic before the halving event. Regarding other currencies, price can move either way, and it can stay essentially the same. That said, we should also keep in mind that with Zcash it is not technically correct to speak about halving because the block reward will be diminished from 12.5 ZEC to 3.125 ZEC, which is four times if I'm correct. Therefore, we should rather call that double halving, or quartering (or even watering down)
Directly reducing reward to ~4x does not seem good. Mining $Zcash won't be profitable at all and therefore miners won't provide their computational power after this halving. I hope they are also considering to move towards POS
I don't know exactly what their reasons were
But it shouldn't dramatically affect mining in the long-term as the difficulty will eventually re-adjust to the available hash rate, although it creates a certain window for a 51% attack when the hash rate drops after the halving (provided it is going to drop at all in the first place). Regardless, it is unlikely they are going to move toward the POS model any time soon as it may take a few long years, while they simply lack enough resources for pulling it
It seems interesting. Any past price movement history near halving event?
It will be the first Zcash halving ever
So we can't say anything specific about Zcash price dynamic before the halving event. Regarding other currencies, price can move either way, and it can stay essentially the same. That said, we should also keep in mind that with Zcash it is not technically correct to speak about halving because the block reward will be diminished from 12.5 ZEC to 3.125 ZEC, which is four times if I'm correct. Therefore, we should rather call that double halving, or quartering (or even watering down)
Directly reducing reward to ~4x does not seem good. Mining $Zcash won't be profitable at all and therefore miners won't provide their computational power after this halving. I hope they are also considering to move towards POS.
zcash pumping is coming
It's not written in stone at all
The coming halving has probably already been priced in, to a degree. As halvings of other coins have shown, it may take some time before the effect of the block reward reduction starts to kick in. On the other hand, as emphasized above, it is not so much halving as quartering, i.e. the adjusted Zcash reward after halving will only be one fourth of what it is now. But this doesn't guarantee pumping either (albeit we are likely to see a few bouts of volatility)
zcash pumping is coming.
There are hundreds of crypto projects but only few are highlighted through their hard work, zcash is one of those that have managed to prove their capability in the market and have reached a descent spot. Zcash is a good project for long-term and I believe this halving could bring us joy by tempting the price up, those who are holding now just wait for few more days as the predictions are higher like possibly we can see it till 80$.
I have been associated with cryptocurrency for two years.Although I do not fully understand the cryptocurrency.
I agree with you.
That's why I said because I have some Zcash hold, I hope I get a good profit.
Thanks.
There are hundreds of crypto projects but only few are highlighted through their hard work, zcash is one of those that have managed to prove their capability in the market and have reached a descent spot. Zcash is a good project for long-term and I believe this halving could bring us joy by tempting the price up, those who are holding now just wait for few more days as the predictions are higher like possibly we can see it till 80$.
Zcash has many events, but the price is still around $ 50 - $ 60, if you look at the project,
this project is still undervalued, especially with the same total supply as Bitcoin, of course 21 million,
of course Zcash is an investment that you have to make, in my opinion this is Hidden Gem is in Big Capitulation.
this project is still undervalued, especially with the same total supply as Bitcoin, of course 21 million,
of course Zcash is an investment that you have to make, in my opinion this is Hidden Gem is in Big Capitulation.
I thought about buying zcach miners but this becomes pointless after halving
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