Topic: ZCoin doing really good...why is that? (Read 1222 times)

Zcoin these few months they have a good movement of the price they are really good if you have some them we do not know if the price can be increase more or not but many traders and miners are supporting it because they are getting large benefits in zcash.
About zencash i don't think if its hard fork but we do not know if this altcoin can be pump..
Just remember the ETC hard fork of ethereum was increase before and now has a good value. .

I think it is a good move as Zcoin is a promising new coin with true anonymity features and i think Zencash is a hard fork of Zcash without pre mine and developer funds,or is it another coin,i am getting confused with new coins coming out on a daily basis.

I believe all the Z coins use Zercoin protocol as underlying tech. I sold most of my Zcash on the recent pump and
got in Zcoin and Zencash both in case one of these goes  high like Zcash.   

I believe that zcash is the reason why zcion increases in the past few days. Zcash and zcoin have a strong connection and they both share some same algorithm. Zcoin is still cheap and it can be considered as a potential coin. IF you have money, I think you should buy zcoin

Wow... thanks

Here is the ANN thread: https://bitcointalk.org/index.php?topic=1638450.4360

But this is the post I was referring to by J_A_Bankster:

"The way I see it Zcoin is the only coin that offers true anonymity as it is the only coin where the transaction link is being broken en therefor not re-traceable when doing a blockchain analysis... Monero has nearly as much anonymity but still organisations like CIA and NSA can figure out the transactions because the link between transaction still exist on the blockchain... Also Monero transactions are heavyweight and slow and there is still no normal functioning wallets available for mass adoption.. In addition the people behind Monero dont care much about community and have taken the piss out of investors before which is very amateur and childish...

Dash is foremost a company... The anonymity is children's play compared to Zcoin, and as a company the have the sole right to blacklist certain dash tokens and offer CIA/NSA type organisations the opportunity for analysis of previous transactions... They might even have no say when summoned to give it all up... Nonethless DASH has a large community and is commercially active..

Zcoin seems to be the single one digital currency that has defeated the anonymity problem and therefor seems not to be able to be taken down by powerful governmental forces... As we all see the governments are already ganging up on the crypto community as we speak...

From Zcoin's roadmap it is clear that the end goals are desktop and mobile wallets, integration with ethereum for swaps between zcoin and ether and foremost a decentralised anonymous market place... It sounds like Silk Road 2.0 and I guess that is exactly what it is, but with the security to not be shut down by any powerful organisation...

If Zcoin can live up to all this and if the Zcoins are truly untraceable and completely anonymous...as well as the market place that will be the main infra structure to integrate Zcoin with regular economics... I'd say this coin might even be the last one standing soon... and the eventual evolutionary product of what Satoshi envisioned...

In this case the value will be priceless... On the shorter term think simple.. Zcoin has better tech than Zcash and Zcash costs $300 per coin.... Zcoin costs $12 per coin.. This disparity is in Zcoins favor"

Thanks molarbear. Couldn ´t find the thread, could you post a link ?

They have news coming with MTP which is pretty substantial, active devs are working hard it seems. I think the coin is seriously undervalued so this recent pump was just market reacting to potential news. A few days ago there was a 300btc buy wall for support, who knows. It's a long hold for me though. If you check out the ANN thread someone posted a very cool long term idea of where the coin might go. I think it has huge potential, but like anything, it'll either go boom or bust.

That migh have been the case just for that day's crash though. The metric people might've gotten a hold of could have very well been the fact that ZCoin's price was late to catch up with other markets and so cash was moved into its market by other currencies, this way helping it form bears. It doesn't mean that this was connected to real world events. Altcoin price changes rarely are.

That would be the case if zcoin was considered as safe from crashes....as a fact. But as far as I am aware of nobody ever mentioned that zcoin is safe from crashes...there is no such general opinion about the coin. I noticed the trend at the actual time it was happening. So I was too late in a way to affect the trend. There must me some other reason people kept buying zcoin while everything was crashing.
I do agree that what happened the other day cannot be interpreted as a crash, but a mere correction

People like you, OP. No joke, the fact that people see certain cryptos as safe from crashes is the exact reason why they might not be affected by certain market wide bear trends at times. If a development could be interpreted as a pop of the bubble though, the high long term correlation would show.

well it went down by almost $3 since my post, maybe it's time to buy some more

thank you for clarifying

Zcoin could do really well. I have read some people saying the anonymous tech is better than zcash. And yes the markets in china, japan, korea seems to like this coin. With a circulating supply of 3 million it could for sure go way higher, maybe 10 times. With anonymous tech like zcoin it might get added to alphabay then the price would match zcash no doubt. A good long term hold.

FoMO from zCash

China

during the last crash all coins lost BTC and USD value, except from ZCoin. Its USD value stayed stable, while its BTC value actually kept increasing while BTC and altcoins did a free fall. I noticed that trend early on and moved a substancial amount of my losing altcoin investments when I was minus 40% to zcoin and I got healed. Today I am in the green again and it keeps going up day after day

But I know nothing about this coin. I wonder what caused the discrepant behavior of this coin during the days that most coins were in the red. How high will it go? Is it overvalued or still undervalued? When to exit? Any thoughts?

Ps the coin came to my attention because of the MirraxFTC high risk coin investment thread - thanks man