Zcash under botnet!? - page 2. | Bitcointalksearch.org

Cryptotraider16

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Quote from: Makinson on November 08, 2016, 09:38:29 AM

Quote from: Vaccinus on November 08, 2016, 09:06:12 AM

no unless there is a botnet of gpu and i don't think i never heard about any, botnet is used for cpu usually, so you are looking at the wrong thing

The ZCash is more efficient to mine with the CPU, so it will be controlled by botnet sooner or later if not now.

its already now!

Makinson

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Quote from: Vaccinus on November 08, 2016, 09:06:12 AM

no unless there is a botnet of gpu and i don't think i never heard about any, botnet is used for cpu usually, so you are looking at the wrong thing

The ZCash is more efficient to mine with the CPU, so it will be controlled by botnet sooner or later if not now.

Vaccinus

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no unless there is a botnet of gpu and i don't think i never heard about any, botnet is used for cpu usually, so you are looking at the wrong thing

Cryptotraider16

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Quote from: dinofelis on November 08, 2016, 07:01:33 AM

Quote from: Febo on November 07, 2016, 02:41:49 PM

$100 is way less then $1,750.000 as people were paying first day. What did those people think? If people that pay $100 are stupid, then those that paid over a milion are insane.

... unless they were the people selling the coins to themselves, of course...

This crazy price to me is an indication of market manipulation. No-one in his right mind would ever have paid more than a million dollars for a coin that is fresh. But if you hold a ZEC and you hold 3000 BTC, then why not buy your own ZEC with your own BTC and have the price charts explode (with the hope that another idiot is going to buy your coin later at $100, instead of the initially planned $15 or so) ?

YES all true,they play games with price..but guys be ready they will pump again..they have money..its just question who all will believe and buy...
but right now its look like its will be like i say few days ago.0.2 btc... Wink

Dassi

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Quote from: dinofelis on November 08, 2016, 07:01:33 AM

... unless they were the people selling the coins to themselves, of course...

This crazy price to me is an indication of market manipulation. No-one in his right mind would ever have paid more than a million dollars for a coin that is fresh. But if you hold a ZEC and you hold 3000 BTC, then why not buy your own ZEC with your own BTC and have the price charts explode (with the hope that another idiot is going to buy your coin later at $100, instead of the initially planned $15 or so) ?

What a fantastic business plan! I never once thought along those lines.

Quite ideal for the big whales - which I'm not Grin

dinofelis

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Quote from: Cryptotraider16 on November 07, 2016, 03:29:21 PM

but its loook its go down to 100$..some even say 20-30$..but i do not believe so low...but now 12.6k coins out..but next month there will be 60k out if i am not wrong...so more sale pres happen...

The *market cap* is declining.

http://coinmarketcap.com/currencies/zcash/

dinofelis

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Quote from: Febo on November 07, 2016, 02:41:49 PM

$100 is way less then $1,750.000 as people were paying first day. What did those people think? If people that pay $100 are stupid, then those that paid over a milion are insane.

... unless they were the people selling the coins to themselves, of course...

This crazy price to me is an indication of market manipulation. No-one in his right mind would ever have paid more than a million dollars for a coin that is fresh. But if you hold a ZEC and you hold 3000 BTC, then why not buy your own ZEC with your own BTC and have the price charts explode (with the hope that another idiot is going to buy your coin later at $100, instead of the initially planned $15 or so) ?

Cryptotraider16

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Quote from: Febo on November 07, 2016, 02:41:49 PM

Quote from: raphma on November 07, 2016, 02:38:12 PM

botnet or not, it's in slow mining process... the price will decline until december so if you're mining sell it fast, if you're a investor, dont buy it now.

PS:c'mon... 100$ for a new coin? use your brain... it's going deeper.

$100 is way less then $1,750.000 as people were paying first day. What did those people think? If people that pay $100 are stupid, then those that paid over a milion are insane.

but its loook its go down to 100$..some even say 20-30$..but i do not believe so low...but now 12.6k coins out..but next month there will be 60k out if i am not wrong...so more sale pres happen...

Febo

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Quote from: raphma on November 07, 2016, 02:38:12 PM

botnet or not, it's in slow mining process... the price will decline until december so if you're mining sell it fast, if you're a investor, dont buy it now.

PS:c'mon... 100$ for a new coin? use your brain... it's going deeper.

$100 is way less then $1,750.000 as people were paying first day. What did those people think? If people that pay $100 are stupid, then those that paid over a milion are insane.

raphma

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botnet or not, it's in slow mining process... the price will decline until december so if you're mining sell it fast, if you're a investor, dont buy it now.

PS:c'mon... 100$ for a new coin? use your brain... it's going deeper.

Febo

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Quote from: Umister on November 07, 2016, 02:28:42 PM

Quote from: NeuroticFish on November 07, 2016, 03:46:26 AM

Quote from: Cryptotraider16 on November 07, 2016, 12:31:24 AM

anybody hear and read..WTF..now price can hit real fast 100$ or even les..OMFG...not good for all who mine it...

It will take some time to have really powerful botnet mining Zcash. If ever.
And with the current decline of the price and growth of difficulty it may not even worth it. Coins like XMR are more stable and people say that the botnets already mine it for a long time. And then why change?

It makes more sense to think that with the hype around Zcash everybody started to mine it and also it was hugely over-valuated at launch.

The Monero is a know botnet coin for long time. It is more efficient to mine it with the CPU than the GPU.

Way more Moneros is mined with GPU then with CPU.
Average GPU mine way more Monero then average CPU. But also average CPU uses less electricity then average GPU to mine coins.

Quote from: topesis on November 07, 2016, 02:34:00 PM

With all the hype about ZCash and the initial pump the news of botnet is a bad business for Zcash developers, they should have anticipated this and tried to prevent this from happening

All coins that are asic resistant and can be mined by CPU are also mined with botnets That is nothing new and there is nothing bad about it and botnet mining will be here forever.

topesis

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Quote from: Umister on November 07, 2016, 02:28:42 PM

Quote from: NeuroticFish on November 07, 2016, 03:46:26 AM

Quote from: Cryptotraider16 on November 07, 2016, 12:31:24 AM

anybody hear and read..WTF..now price can hit real fast 100$ or even les..OMFG...not good for all who mine it...

It will take some time to have really powerful botnet mining Zcash. If ever.
And with the current decline of the price and growth of difficulty it may not even worth it. Coins like XMR are more stable and people say that the botnets already mine it for a long time. And then why change?

It makes more sense to think that with the hype around Zcash everybody started to mine it and also it was hugely over-valuated at launch.

The Monero is a know botnet coin for long time. It is more efficient to mine it with the CPU than the GPU.

With all the hype and the initial pump the news of botnet is a bad business for Zcash developers, they should have anticipated this and tried to prevent this from happening

Umister

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Quote from: NeuroticFish on November 07, 2016, 03:46:26 AM

Quote from: Cryptotraider16 on November 07, 2016, 12:31:24 AM

anybody hear and read..WTF..now price can hit real fast 100$ or even les..OMFG...not good for all who mine it...

It will take some time to have really powerful botnet mining Zcash. If ever.
And with the current decline of the price and growth of difficulty it may not even worth it. Coins like XMR are more stable and people say that the botnets already mine it for a long time. And then why change?

It makes more sense to think that with the hype around Zcash everybody started to mine it and also it was hugely over-valuated at launch.

The Monero is a know botnet coin for long time. It is more efficient to mine it with the CPU than the GPU.

glerant

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Quote from: Cryptotraider16 on November 07, 2016, 11:21:02 AM

price keep go down...something is not ok...

You aint seen nothing yet! When the rewards normalise the price will settle around .01 IMHO. Then will be a long accumulation phase followed by an almighty pump!

As for botnet - of course, it's a high value CPU POW coin.

Cryptotraider16

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price keep go down...something is not ok...

HanSchultz

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Quote from: cryptohunter on November 07, 2016, 03:41:34 AM

GPU miners will get more and more powerful over time.

Botnets just dump anyway so just another way to distribute the coins. Instead of you burning electricity buy up the coins cheaply on dips.

Then again is zcash a good investment? who can say.

Ask bcx to stop it or sell you some in bulk for a good price.

I do have my doubts considering Zcash as a good investment ,when the dust settles down i expect a value less than $50 in my opinion and it all depends upon big time investors who are planning to invest big time in Zcash mining. i will consider buying this at a later time rather than jumping in.

NeuroticFish

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Quote from: Cryptotraider16 on November 07, 2016, 12:31:24 AM

anybody hear and read..WTF..now price can hit real fast 100$ or even les..OMFG...not good for all who mine it...

It will take some time to have really powerful botnet mining Zcash. If ever.
And with the current decline of the price and growth of difficulty it may not even worth it. Coins like XMR are more stable and people say that the botnets already mine it for a long time. And then why change?

It makes more sense to think that with the hype around Zcash everybody started to mine it and also it was hugely over-valuated at launch.

cryptohunter

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MY RED TRUST LEFT BY SCUMBAGS - READ MY SIG

GPU miners will get more and more powerful over time.

Botnets just dump anyway so just another way to distribute the coins. Instead of you burning electricity buy up the coins cheaply on dips.

Then again is zcash a good investment? who can say.

Ask bcx to stop it or sell you some in bulk for a good price.

vlom

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what do you mean? that there is a bonnet cpu mining or what?
if yes, then this is like this cpu coins are a target for botnets.

Cryptotraider16

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anybody hear and read..WTF..now price can hit real fast 100$ or even les..OMFG...not good for all who mine it...

Topic: Zcash under botnet!? - page 2. (Read 2772 times)