Topic: [ZEC] ZCASH - All coins are created equal. Discussion Thread (Unofficial) - page 44. (Read 161932 times)
November 22, 2016, 08:17:19 AM
Little pump , now dump .
November 22, 2016, 01:16:17 AM
Since zcash is completely untraceable, the amount of transfer, etc all hidden. If dev or an hacker have a backdoor and secretly generate new coins, it will not be detectable, right? I heard that zcashdarkcoin or something similar did something like this, and people new coins secretly created. This will not happen to zcash I hope. Is there anyway to detect things like that?
You can check this via the block explorer... but why should he do that... he has a premine of 20% in fact, if this damm bastard is smart then he reduce the block rewards and the coin will pump to $20M and he has $4M profit.... now he only has $600k, so this dam idiot need to fork his coin, it is good for him, it is good for investors. The miners already had their profit and greed, now it is time for the investors to make some profit.
PS: Dev you are a fucking idiot.
You can safely ignore it and bet the final market value is going to be different once slow-start is over! ZEC follows BTC reward schedule, and BTC was worth beans for a long time before it hit the price ZEC is even at now. Did BTC change reward schedule just because of falling prices??
I bet if they will never get his first price again.
But it is normal if someone was feeling doubt about ZEC and especially for today.
And I also feel every day the reward was getting decrease.
November 22, 2016, 01:03:49 AM
I think this price is suitable for buying and I will buy some more zec at the present time.
I'm wondering what would be the real marketcap for this coin... currently $4M... but that is because of the high inflation... i think that is the biggest problem... those 12.5 reward blocks... if they would already reduce it to 6 ZEC then the price will not just double but tripple and even a lot more.
Even when it reach the high reward (12.5). the price will not under 0.1btc . I think the bottom is around 0.1btc
ZEC becomes the biggest scam after XPY?
you remember SPM
truly spectacular ....
November 22, 2016, 12:32:10 AM
Since zcash is completely untraceable, the amount of transfer, etc all hidden. If dev or an hacker have a backdoor and secretly generate new coins, it will not be detectable, right? I heard that zcashdarkcoin or something similar did something like this, and people new coins secretly created. This will not happen to zcash I hope. Is there anyway to detect things like that?
Yes, it was mentioned in their blog this was a security issue. That's the whole point of zcash: to be able to make transactions without the public knowing the buyer, seller, or amount.
https://z.cash/blog/the-design-of-the-ceremony.html
https://z.cash/blog/snark-parameters.html
November 22, 2016, 12:21:41 AM
Since zcash is completely untraceable, the amount of transfer, etc all hidden. If dev or an hacker have a backdoor and secretly generate new coins, it will not be detectable, right? I heard that zcashdarkcoin or something similar did something like this, and people new coins secretly created. This will not happen to zcash I hope. Is there anyway to detect things like that?
You can check this via the block explorer... but why should he do that... he has a premine of 20% in fact, if this damm bastard is smart then he reduce the block rewards and the coin will pump to $20M and he has $4M profit.... now he only has $600k, so this dam idiot need to fork his coin, it is good for him, it is good for investors. The miners already had their profit and greed, now it is time for the investors to make some profit.
PS: Dev you are a fucking idiot.
Why do you think anything is broken right now? Why in the world do you think devs would do the #1 thing that breaks trust in crypto: change reward scheme??
We're still in the slow-start phase. Everything in the market right now is basically beta. You can safely ignore it and bet the final market value is going to be different once slow-start is over! ZEC follows BTC reward schedule, and BTC was worth beans for a long time before it hit the price ZEC is even at now. Did BTC change reward schedule just because of falling prices??You need to check your expectations here, placebo. The coin is a fucking baby in its lifecycle, and all real investors know this.
November 21, 2016, 07:57:16 AM
Since zcash is completely untraceable, the amount of transfer, etc all hidden. If dev or an hacker have a backdoor and secretly generate new coins, it will not be detectable, right? I heard that zcashdarkcoin or something similar did something like this, and people new coins secretly created. This will not happen to zcash I hope. Is there anyway to detect things like that?
You can check this via the block explorer... but why should he do that... he has a premine of 20% in fact, if this damm bastard is smart then he reduce the block rewards and the coin will pump to $20M and he has $4M profit.... now he only has $600k, so this dam idiot need to fork his coin, it is good for him, it is good for investors. The miners already had their profit and greed, now it is time for the investors to make some profit.
PS: Dev you are a fucking idiot.
November 21, 2016, 03:39:23 AM
Since zcash is completely untraceable, the amount of transfer, etc all hidden. If dev or an hacker have a backdoor and secretly generate new coins, it will not be detectable, right? I heard that zcashdarkcoin or something similar did something like this, and people new coins secretly created. This will not happen to zcash I hope. Is there anyway to detect things like that?
November 21, 2016, 03:27:47 AM
First, not trying to fud, just I'm wondering :
If Peter Todd in his part of "Zcash Trusted Setup Ceremony" https://petertodd.org/2016/cypherpunk-desert-bus-zcash-trusted-setup-ceremony used BLU android smartphone to have internet connection, could it be somehow compromised ?
Recently some chinese smartphones including BLU R1 HD, were identified to have some spyware installed. Not an expert here, but Peter's model looks like Studio X8 HD (2Q 2016).
http://www.kryptowire.com/adups_security_analysis.html
http://www.androidpolice.com/2016/11/15/security-firm-reportedly-finds-spyware-on-chinese-android-phones-including-blu-devices-sold-in-the-us/
http://arstechnica.com/security/2016/11/chinese-company-installed-secret-backdoor-on-hundreds-of-thousands-of-phones/
If Peter Todd in his part of "Zcash Trusted Setup Ceremony" https://petertodd.org/2016/cypherpunk-desert-bus-zcash-trusted-setup-ceremony used BLU android smartphone to have internet connection, could it be somehow compromised ?
Recently some chinese smartphones including BLU R1 HD, were identified to have some spyware installed. Not an expert here, but Peter's model looks like Studio X8 HD (2Q 2016).
http://www.kryptowire.com/adups_security_analysis.html
http://www.androidpolice.com/2016/11/15/security-firm-reportedly-finds-spyware-on-chinese-android-phones-including-blu-devices-sold-in-the-us/
http://arstechnica.com/security/2016/11/chinese-company-installed-secret-backdoor-on-hundreds-of-thousands-of-phones/
November 20, 2016, 10:51:58 PM
November 19, 2016, 11:11:04 PM
Dev still holding your 20% premine?
No, they dumped it.
Source: https://forum.z.cash/t/zec-zcash-will-die-zclassic-is-here-now/8147/38
is this again a article about ZCL... ZCL is already dead ... 0.00357001... an dropping more and more... ZCL is just a scam attempt.
No, it's not article about ZCL. It's post about Zooko telling he sent all ZEC to investors which may or may not have dumped it.
If you has a single brain cell, maybe you could click on link and read.
But you can't do anything besides troll and hoping your ZEC will raise if you post shit to all other altcoin threads. It won't. You lost money and get over it.
Looking at your posts and your inteligence you were probably the one buying at 3000BTC hoping it will go to higher
November 19, 2016, 10:36:49 PM
Dev still holding your 20% premine?
No, they dumped it.
Source: https://forum.z.cash/t/zec-zcash-will-die-zclassic-is-here-now/8147/38
is this again a article about ZCL... ZCL is already dead ... 0.00357001... an dropping more and more... ZCL is just a scam attempt.
Both was getting a crash, and the death hole is near for them. My guess if both will below 0.001 for each(ZEC) and 0.0001(zclassic).
November 19, 2016, 07:32:59 PM
Dev still holding your 20% premine?
No, they dumped it.
Source: https://forum.z.cash/t/zec-zcash-will-die-zclassic-is-here-now/8147/38
is this again a article about ZCL... ZCL is already dead ... 0.00357001... an dropping more and more... ZCL is just a scam attempt.
November 19, 2016, 07:09:39 PM
Dev still holding your 20% premine?
No, they dumped it.
Source: https://forum.z.cash/t/zec-zcash-will-die-zclassic-is-here-now/8147/38
November 19, 2016, 12:18:51 PM
Amazing how many are still mining this coin, apparently at a loss. Maybe they all know something we don't know? I stopped over a week ago. But have enough mined ZEC ready to sell should there be a pump?
November 19, 2016, 03:42:05 AM
Dev still holding your 20% premine?
November 19, 2016, 03:40:50 AM
slowly die or die slowly??
both are indeed. We won't seeing the name of zblablabla again soon.
Zcrash will become crash every time.
November 19, 2016, 03:26:51 AM
Even when it reach the high reward (12.5). the price will not under 0.1btc . I think the bottom is around 0.1btc
You think? Maybe thing again as the coin is trading below 0.085
November 19, 2016, 03:25:07 AM
I think this price is suitable for buying and I will buy some more zec at the present time.
I'm wondering what would be the real marketcap for this coin... currently $4M... but that is because of the high inflation... i think that is the biggest problem... those 12.5 reward blocks... if they would already reduce it to 6 ZEC then the price will not just double but tripple and even a lot more.
Even when it reach the high reward (12.5). the price will not under 0.1btc . I think the bottom is around 0.1btc
ZEC becomes the biggest scam after XPY?
November 19, 2016, 03:15:18 AM
Wondering when Zooko Wilcox - Founder & CEO, Zcash will take the right action for ZEC!!!! Don't this idiot not see that he is dying his own coin with the reward structure.... will he wait till he get in jail 
November 19, 2016, 03:05:55 AM
I think this price is suitable for buying and I will buy some more zec at the present time.
I'm wondering what would be the real marketcap for this coin... currently $4M... but that is because of the high inflation... i think that is the biggest problem... those 12.5 reward blocks... if they would already reduce it to 6 ZEC then the price will not just double but tripple and even a lot more.
Even when it reach the high reward (12.5). the price will not under 0.1btc . I think the bottom is around 0.1btc
ZEC becomes the biggest scam after XPY?
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