Zcash (ZEC) price keeps falling, whats your opinions?

bigjee

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Quote from: nars28 on October 03, 2017, 02:55:57 AM

Zcash economic model is nicely packed scam in my opinion. 25% of mining rewards go to 1 man for the first 4 years. That is similar to like 25% of premine

. Smart investors stay away from coins like this. I think it has no future beside P&D because supply is low for now.

By that logic Dash is an even bigger scam at 45% share? Yeah you're on crack. both coins are highly sought after.

EMWEE

full member

Activity: 238

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Quote from: wstealth on October 06, 2017, 04:33:00 AM

Quote from: Vispilio on October 05, 2017, 07:46:45 PM

what do you base that statement on ?

I don't know for him, but maybe it is because of Byzantium hard fork planned for October 17?

Yes Byzantium is great news for ETH. To bad alot of people are just mentioning the Chinese ICO ban. I believe the price of ETH will rise in the upcoming days to Byzantium but 0.5BTC is to much. Although I would be very happy if it did.

Periodik

sr. member

Activity: 1022

Merit: 256

Crypto is in a huge correction since second half of this year. Hopefully we will come back again strong in 2018. If we monitor closely, ZEC is not the only one. This is why margin trading is bad since trading sites or whoever their financiers are needs to play the market well.

wstealth

newbie

Activity: 37

Merit: 0

Quote from: Vispilio on October 05, 2017, 07:46:45 PM

what do you base that statement on ?

I don't know for him, but maybe it is because of Byzantium hard fork planned for October 17?

EMWEE

full member

Activity: 238

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Quote from: Metroid on October 04, 2017, 11:50:42 AM

My opinion is change all your zcash or any other coin you have to eth very fast cause eth is about to break and hit 0.5 btc in few days. It might go higher than that. Thank me later and don't forget to thank me.

No way ETH can increase that much in just a couple of days. Maby if all planets in the universe align and BTC will drop, but it wont since everybody wants BTC for the fork.

Vispilio

legendary

Activity: 2016

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Quote from: Metroid on October 04, 2017, 11:50:42 AM

My opinion is change all your zcash or any other coin you have to eth very fast cause eth is about to break and hit 0.5 btc in few days. It might go higher than that. Thank me later and don't forget to thank me.

what do you base that statement on ?, Flippening was a sure thing according to some people a few months ago, ETH plummeted real fast after that...

phongtt

newbie

Activity: 1

Merit: 0

https://imgur.com/a/JX7tq

I found a "dynamic" barrier that stop zcash from price surge. Don't know who but, fuck this guy.

juicyjuice87

sr. member

Activity: 490

Merit: 250

Today the rate fell, grew tomorrow ... Generally I do not understand how it is possible at least something to run in the market of crypto-currency. It seems to me that everything depends on bitcoin. If it grows, it will understand the rest of the crypto currency

Jasmint

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Quote from: Metroid on October 04, 2017, 11:50:42 AM

My opinion is change all your zcash or any other coin you have to eth very fast cause eth is about to break and hit 0.5 btc in few days. It might go higher than that. Thank me later and don't forget to thank me.

I think it is better to keep the ZCash now, the price is quite low at the moment.

Metroid

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Activity: 2142

Merit: 353

Xtreme Monster

My opinion is change all your zcash or any other coin you have to eth very fast cause eth is about to break and hit 0.5 btc in few days. It might go higher than that. Thank me later and don't forget to thank me.

wstealth

newbie

Activity: 37

Merit: 0

Quote from: coinfoundry on October 04, 2017, 06:46:30 AM

I agree with the other posters here. ZEC will remain a viable currency for mining for the forseeable future.

For mining - definitely yes (it is most profitable now), but what about keeping it for a long time?

coinfoundry

full member

Activity: 292

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Miningcore

I agree with the other posters here. ZEC will remain a viable currency for mining for the forseeable future.

EMWEE

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Activity: 238

Merit: 102

Quote from: DevelopmentBank on October 03, 2017, 03:10:02 AM

My opinion is that just keep mining ZEC while ETH difficulty is too high. I switched from ETH when the Sept. 21 difficulty bomb hit and because of the recent pump and dumps, ive made a shitload more than if i mined ETH. I sold all my zcash immediately of course.

In terms of long term speculation, im sticking with ETH.

Do you think its still a good idea to switch at this moment? Im currenlty @ 112mh/s on ETH but thinking about switching to ZCash.

hanskan

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Quote from: nars28 on October 03, 2017, 02:55:57 AM

Zcash economic model is nicely packed scam in my opinion. 25% of mining rewards go to 1 man for the first 4 years. That is similar to like 25% of premine

. Smart investors stay away from coins like this. I think it has no future beside P&D because supply is low for now.

hah, zcash has one of the best (if not THE best) dev team in all of crypto. 20% fee is very reasonable. If you think that the brightest minds in all of cryptography should work for free then you are seriously delusional.

Dolbycocoin

newbie

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anything fall and rise about cryptocurrency is normal

DevelopmentBank

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Activity: 406

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My opinion is that just keep mining ZEC while ETH difficulty is too high. I switched from ETH when the Sept. 21 difficulty bomb hit and because of the recent pump and dumps, ive made a shitload more than if i mined ETH. I sold all my zcash immediately of course.

In terms of long term speculation, im sticking with ETH.

nars28

newbie

Activity: 25

Merit: 0

Zcash economic model is nicely packed scam in my opinion. 25% of mining rewards go to 1 man for the first 4 years. That is similar to like 25% of premine

. Smart investors stay away from coins like this. I think it has no future beside P&D because supply is low for now.

d4wn0ff473

full member

Activity: 146

Merit: 100

maybe the gpu miner raise the price, but I didn't know zcash had any real economy.

Marvell2

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Quote from: Vispilio on October 02, 2017, 10:42:40 PM

all the profitably mined currencies are under pressure from a staggeringly high number of people that have gotten into mining during the course of 2017. For ETH, ZEC and some dual pairs, it looks like there are currently more miners than investors. So whenever there is a noticeable rally, these coins get smashed massively by the miners rushing in to cash their inventories...

That's why it's not a very positive outlook for ZCASH when it can barely hold at 400 USD for a couple of minutes only to get pummeled back 100+ USD...

Not enough buyers of ZCASH market cap is too low

Vispilio

legendary

Activity: 2016

Merit: 1598

all the profitably mined currencies are under pressure from a staggeringly high number of people that have gotten into mining during the course of 2017. For ETH, ZEC and some dual pairs, it looks like there are currently more miners than investors. So whenever there is a noticeable rally, these coins get smashed massively by the miners rushing in to cash their inventories...

That's why it's not a very positive outlook for ZCASH when it can barely hold at 400 USD for a couple of minutes only to get pummeled back 100+ USD...

Topic: Zcash (ZEC) price keeps falling, whats your opinions? (Read 2913 times)