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Topic: zcash soon 0.2 btc! - page 5. (Read 27388 times)

newbie
Activity: 52
Merit: 0
April 23, 2017, 03:38:39 AM
Lol you are thoses kind of people who are simply creating hype the price is currently at 74$ which is 30$ more than the sale price. I hope the investors realise that it won't grow more and anyways 30$ profit isn't bad as it is almost double the investment.

If the bitcoin's transaction is too high, ordinary persons will use cheaper coins to buy things. ZEC is one of those coins.
ZEC is an alternative coin to save the bitcoin trader's money. What is the meaning of use cheaper coin to buy things? Can you give more specifi idea about that?

The transaction fee is also very low.
legendary
Activity: 1708
Merit: 1035
April 22, 2017, 11:20:22 PM
ZCash has a unique mining process based on the implementation of Genesis keys or "master private key", which is the responsibility of a small group of six individuals, only they have access. This is a crucial and necessary key for the anonymity mixer on the ZCash network to operate properly. If this key is leaked out of this small group however, the owner of this key will be able to produce an unlimited amount of ZCash, I hope these keys are pretty safe.

That is quite worrying. Is there a way to prevent the leak?

My understanding was that the keys were only needed to initiate the process and were then supposed to have been destroyed. They were created by six different people, including Peter Todd, a BTC dev who had a skeptical attitude towards Zcash (but was willing to participate when asked by the Zcash team, as it helps to have such an outsider as one of the six.)

There's no way to utterly disprove the idea that someone pulled some stunt with the keys at some point at the point of launch, but the publicized process for creating the keys and deploying them sounded pretty robust and appropriately paranoid.

If anyone has more concrete info I appreciate correction, I'm just going by what I recall from 5-6 months ago.
hero member
Activity: 1540
Merit: 507
April 22, 2017, 10:49:12 AM
Lol you are thoses kind of people who are simply creating hype the price is currently at 74$ which is 30$ more than the sale price. I hope the investors realise that it won't grow more and anyways 30$ profit isn't bad as it is almost double the investment.

If the bitcoin's transaction is too high, ordinary persons will use cheaper coins to buy things. ZEC is one of those coins.
ZEC is an alternative coin to save the bitcoin trader's money. What is the meaning of use cheaper coin to buy things? Can you give more specifi idea about that?
hero member
Activity: 714
Merit: 500
April 22, 2017, 10:02:55 AM
I expected a big pump after the news about Apple accepting ZCash as legitimate crypto broke, but it did not actually affect that much. Why do you guys think that is?
Is it because ZCash was already as usable that it didn't matter another company accepting it?
newbie
Activity: 27
Merit: 0
April 22, 2017, 03:18:27 AM
Lol you are thoses kind of people who are simply creating hype the price is currently at 74$ which is 30$ more than the sale price. I hope the investors realise that it won't grow more and anyways 30$ profit isn't bad as it is almost double the investment.

If the bitcoin's transaction is too high, ordinary persons will use cheaper coins to buy things. ZEC is one of those coins.

That could be the reason the price is high.
hero member
Activity: 2744
Merit: 761
Burpaaa
April 18, 2017, 02:36:11 AM
Lol you are thoses kind of people who are simply creating hype the price is currently at 74$ which is 30$ more than the sale price. I hope the investors realise that it won't grow more and anyways 30$ profit isn't bad as it is almost double the investment.

If the bitcoin's transaction is too high, ordinary persons will use cheaper coins to buy things. ZEC is one of those coins.
member
Activity: 110
Merit: 100
April 05, 2017, 10:46:53 AM
ZCash has a unique mining process based on the implementation of Genesis keys or "master private key", which is the responsibility of a small group of six individuals, only they have access. This is a crucial and necessary key for the anonymity mixer on the ZCash network to operate properly. If this key is leaked out of this small group however, the owner of this key will be able to produce an unlimited amount of ZCash, I hope these keys are pretty safe.

If all of them are killed at similar time, will ZCash still be usable?
jr. member
Activity: 63
Merit: 1
March 31, 2017, 03:10:17 AM
ZCash has a unique mining process based on the implementation of Genesis keys or "master private key", which is the responsibility of a small group of six individuals, only they have access. This is a crucial and necessary key for the anonymity mixer on the ZCash network to operate properly. If this key is leaked out of this small group however, the owner of this key will be able to produce an unlimited amount of ZCash, I hope these keys are pretty safe.

That is quite worrying. Is there a way to prevent the leak?
sr. member
Activity: 420
Merit: 250
March 30, 2017, 09:33:51 AM
ZCash has a unique mining process based on the implementation of Genesis keys or "master private key", which is the responsibility of a small group of six individuals, only they have access. This is a crucial and necessary key for the anonymity mixer on the ZCash network to operate properly. If this key is leaked out of this small group however, the owner of this key will be able to produce an unlimited amount of ZCash, I hope these keys are pretty safe.
newbie
Activity: 55
Merit: 0
March 29, 2017, 09:51:36 AM
It is going down for now
The price had a good rally in the past few days and it will consolidate after a rapid rise and if you look at the charts it is really double the value compared to last week and so it is not a big surprise that we are seeing a slide,but when i last checked the price is still in green ,but i am not sure about the 0.2btc valuation.I think that is too hyped up for a pre mine coin.

That is right. It is consolidating around 0.05 to 0.07 now.
full member
Activity: 225
Merit: 100
March 28, 2017, 01:19:46 PM
It is going down for now
The price had a good rally in the past few days and it will consolidate after a rapid rise and if you look at the charts it is really double the value compared to last week and so it is not a big surprise that we are seeing a slide,but when i last checked the price is still in green ,but i am not sure about the 0.2btc valuation.I think that is too hyped up for a pre mine coin.
newbie
Activity: 40
Merit: 0
March 28, 2017, 03:05:10 AM
Almost 0.04 btc now, the price now is quite overvalued, all the altcoins pump alongside with Dash,XMR and ETH, also ZEC pumps too.

If the price rises further, it is not overvalued now.

The market cap is quite large now, may be in top 10 coins very soon, Zcash will donate 20% of mined coins to the team, don't forget the sudden dumps.

It will be top 10 in a few month even if the price does not rise. The new zcash are increasing a lot

http://coinmarketcap.com/currencies/

It is already number 9 in the currency list.

It seems the trend is up.

I think it will slowly start going back to 0.02  from where it bumped a month ago. 0.02 BTC will happen sooner or latter it is inevitable.

It could be in the consolidation stage. After that, it will rise again.
full member
Activity: 234
Merit: 100
March 27, 2017, 10:11:32 PM
It is going down for now
legendary
Activity: 2730
Merit: 1288
March 27, 2017, 03:21:59 PM
Almost 0.04 btc now, the price now is quite overvalued, all the altcoins pump alongside with Dash,XMR and ETH, also ZEC pumps too.

If the price rises further, it is not overvalued now.

The market cap is quite large now, may be in top 10 coins very soon, Zcash will donate 20% of mined coins to the team, don't forget the sudden dumps.

It will be top 10 in a few month even if the price does not rise. The new zcash are increasing a lot

http://coinmarketcap.com/currencies/

It is already number 9 in the currency list.

It seems the trend is up.

I think it will slowly start going back to 0.02  from where it bumped a month ago. 0.02 BTC will happen sooner or latter it is inevitable.
sr. member
Activity: 448
Merit: 250
March 26, 2017, 05:12:42 AM
Lol you are thoses kind of people who are simply creating hype the price is currently at 74$ which is 30$ more than the sale price. I hope the investors realise that it won't grow more and anyways 30$ profit isn't bad as it is almost double the investment.
The price of Zcash moved a lot in the past two days and recovered a lot from the price slide it had and it is mainly because all of the alt coins were having a good time with the bull run and that is seen in the case of Zcash too but once the price of bitcoin starts its bull run we will see another slide and for those who made a good profit i would also suggest to get out and look else where.
hero member
Activity: 826
Merit: 1004
March 24, 2017, 03:30:27 PM
Lol you are thoses kind of people who are simply creating hype the price is currently at 74$ which is 30$ more than the sale price. I hope the investors realise that it won't grow more and anyways 30$ profit isn't bad as it is almost double the investment.
newbie
Activity: 55
Merit: 0
March 24, 2017, 01:13:58 PM
Almost 0.04 btc now, the price now is quite overvalued, all the altcoins pump alongside with Dash,XMR and ETH, also ZEC pumps too.

If the price rises further, it is not overvalued now.

The market cap is quite large now, may be in top 10 coins very soon, Zcash will donate 20% of mined coins to the team, don't forget the sudden dumps.

It will be top 10 in a few month even if the price does not rise. The new zcash are increasing a lot

http://coinmarketcap.com/currencies/

It is already number 9 in the currency list.

It seems the trend is up.
newbie
Activity: 29
Merit: 0
March 21, 2017, 02:22:58 PM
Almost 0.04 btc now, the price now is quite overvalued, all the altcoins pump alongside with Dash,XMR and ETH, also ZEC pumps too.

If the price rises further, it is not overvalued now.

The market cap is quite large now, may be in top 10 coins very soon, Zcash will donate 20% of mined coins to the team, don't forget the sudden dumps.

It will be top 10 in a few month even if the price does not rise. The new zcash are increasing a lot

http://coinmarketcap.com/currencies/

It is already number 9 in the currency list.
sr. member
Activity: 545
Merit: 250
Colletrix - Bridging the Physical and Virtual Worl
March 21, 2017, 04:34:47 AM
Almost 0.04 btc now, the price now is quite overvalued, all the altcoins pump alongside with Dash,XMR and ETH, also ZEC pumps too.

If the price rises further, it is not overvalued now.

The market cap is quite large now, may be in top 10 coins very soon, Zcash will donate 20% of mined coins to the team, don't forget the sudden dumps.

It will be top 10 in a few month even if the price does not rise. The new zcash are increasing a lot
sr. member
Activity: 246
Merit: 250
March 20, 2017, 10:39:50 AM
Almost 0.04 btc now, the price now is quite overvalued, all the altcoins pump alongside with Dash,XMR and ETH, also ZEC pumps too.

If the price rises further, it is not overvalued now.

The market cap is quite large now, may be in top 10 coins very soon, Zcash will donate 20% of mined coins to the team, don't forget the sudden dumps.
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