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Topic: [ZEC] ZCASH - All coins are created equal. Discussion Thread (Unofficial) - page 47. (Read 161796 times)

full member
Activity: 237
Merit: 100
Why is it that this new coin is crashing or seams to be? Do you think this has reached the bottom yet?
sr. member
Activity: 654
Merit: 250
legendary
Activity: 1120
Merit: 1000
Dropping to place 32 in the TOP 100 coins list.... how far it can drop... Dev should really do a fork of his coins...

if he take 20% of coins then it makes sense that he try to put the marketcap as high as possible now his coins is worth $3.5M so that means $700,000 for him

If he fork the coin and put the reward at 6 ZEC per block then he receive less ZEC coins but that really doesn't matter if the marketcap increase to $5M then he get $1,000,000 (with less ZEC coins, but his $ profit will be a lot higher), so ZEC dev, I think you know what you have to do.... else I still this marketcap dropping more and more, even that you receive more ZEC coins.
legendary
Activity: 1120
Merit: 1000
How far will ZEC drop.... still think it is a perfect pump and dump coin with a lot of volume... marketcap of only $3.5M, if you check other coins then this coin is cheap...other coins didn't had any mining costs, here at least some people have to pay to mine this coin; The good thing is that the profit for miners are decreasing, so if demand for the coin move up then the price will move up too.
hero member
Activity: 1302
Merit: 540
ZCASH is ZDEAD

may as well change the fucking name LOL

Ztrash, Zscam, Zshit...
.2btc miners keeps dumping what is he next price .02?
legendary
Activity: 2842
Merit: 1511
ZCASH is ZDEAD

may as well change the fucking name LOL

Ztrash, Zscam, Zshit...

Oh man, I wanna play.

Z... ebra. Oh man, I fucked up  Embarrassed Cry
hero member
Activity: 728
Merit: 500
ZCASH is ZDEAD

may as well change the fucking name LOL

Ztrash, Zscam, Zshit...
legendary
Activity: 2198
Merit: 1000
New name "zcRash"

I have had to start mining the old coins again Sad  if I want to make any money.... had hoped for better with this coin. But as we know, most new coins never live up to the hype.

and not to mention a lagging BTC price on top of that  Roll Eyes
legendary
Activity: 2842
Merit: 1511
Ugh...plz read up on this coin before saying crap that's not true.  Angry Dev fee lasts the next 4 years, roughly.  This coin had no giant premine or such.  The fee financing devs lasts the next 4 years, so they get a small amount each block.  So no, they have not been pain even a fraction of what they will (we're still in slow-start mode).

That's not quite true. They've been paid $2.9M in return for forward selling 331K of the 2.1M Founders' Reward.
newbie
Activity: 19
Merit: 0
Those guys are the smartest in the industry. They not spend $1m for nothing. I am sure they have plans.
newbie
Activity: 55
Merit: 0
ok,this seems to be possible.than there is a difference between hashes and solutions?!
legendary
Activity: 1806
Merit: 1828
i have made some thoughts about the zcash hashrate :

Today i checked the hashrate of zcash and it is about 9mio khasps or 9,000,000,000 h/s or 9Gh/s.
I wonder how can this be,if my 1060 GTX has around 50h/s according to suprnova.cc
That would mean that the hashrate equals 180,000,000 equals 180mio. Nvidia GTX 1060 graphic cards.

I ask me, if even bitcoin is just used by around 10 Mio. users (very high estimated,https://www.reddit.com/r/Bitcoin/comments/4o3pl2/how_many_people_actually_own_bitcoin/)).
Than i think there are maybe just 100,000 people who use zcash (extremily high estimated)
Than let's say 100% of them would also mine zcash.That would mean, that the average user would have to own about 1800 GPUs.

This seems to me absolutely ridiculously. Roll Eyes
So can somebody tell me what i did wrong in my reflectings?  Grin

According to this web page, https://explorer.zcha.in/ there is only about 12,731,620 sol/s. That would only be a little over 250,000 Nvidia GTX graphic cards.
newbie
Activity: 55
Merit: 0
yes,okay that's absolutely true.But we're talking about 180 Mio. Highend Gpus. Even the fastest supercomputer in the world has just around 10.6 Mio. cores. I mean even if you put all supercomputers together, just to mine zcash...come on this seems to me even more crazy...
hero member
Activity: 644
Merit: 501
i have made some thoughts about the zcash hashrate :

Today i checked the hashrate of zcash and it is about 9mio khasps or 9,000,000,000 h/s or 9Gh/s.
I wonder how can this be,if my 1060 GTX has around 50h/s according to suprnova.cc
That would mean that the hashrate equals 180,000,000 equals 180mio. Nvidia GTX 1060 graphic cards.

I ask me, if even bitcoin is just used by around 10 Mio. users (very high estimated,https://www.reddit.com/r/Bitcoin/comments/4o3pl2/how_many_people_actually_own_bitcoin/)).
Than i think there are maybe just 100,000 people who use zcash (extremily high estimated)
Than let's say 100% of them would also mine zcash.That would mean, that the average user would have to own about 1800 GPUs.

This seems to me absolutely ridiculously. Roll Eyes
So can somebody tell me what i did wrong in my reflectings?  Grin

I didn't look into your calculations into detail but what I can think of are 3 things:
1) Certain people probably have closed-source CPU & GPU miners with higher hashrates
2) There is a lot of cloud mining hashpower that has been bought
3) Some people have powerful servers with multiple CPUs or AWS or even supercomputers
newbie
Activity: 55
Merit: 0
i have made some thoughts about the zcash hashrate :

Today i checked the hashrate of zcash and it is about 9mio khasps or 9,000,000,000 h/s or 9Gh/s.
I wonder how can this be,if my 1060 GTX has around 50h/s according to suprnova.cc
That would mean that the hashrate equals 180,000,000 equals 180mio. Nvidia GTX 1060 graphic cards.

I ask me, if even bitcoin is just used by around 10 Mio. users (very high estimated,https://www.reddit.com/r/Bitcoin/comments/4o3pl2/how_many_people_actually_own_bitcoin/)).
Than i think there are maybe just 100,000 people who use zcash (extremily high estimated)
Than let's say 100% of them would also mine zcash.That would mean, that the average user would have to own about 1800 GPUs.

This seems to me absolutely ridiculously. Roll Eyes
So can somebody tell me what i did wrong in my reflectings?  Grin
legendary
Activity: 1164
Merit: 1010
When Zcash will have windows client?

I'm waiting for that question but why do they delay this window wallet?
or They do not want to develop this wallet?Huh

Devs have already been paid. Why would they do more work for nothing? Maybe if we agree to up the founder fee to 50%?

Ugh...plz read up on this coin before saying crap that's not true.  Angry Dev fee lasts the next 4 years, roughly.  This coin had no giant premine or such.  The fee financing devs lasts the next 4 years, so they get a small amount each block.  So no, they have not been pain even a fraction of what they will (we're still in slow-start mode).
sr. member
Activity: 364
Merit: 250
Marie Curie, 2 x Nobel Prizes Physics & Chemistry
When Zcash will have windows client?

I'm waiting for that question but why do they delay this window wallet?
or They do not want to develop this wallet?Huh

Devs have already been paid. Why would they do more work for nothing? Maybe if we agree to up the founder fee to 50%?
legendary
Activity: 2072
Merit: 1023
casinosblockchain.io
I'm looking for ZClassic, anyone?

ZClassic doesn't have any future... price is dropping and keep on dropping because of the high inflation, no buy support etc.

ZCash has probably dropped a lot further. 3,000btc/zec to around 0.25btc/zec

i'm waiting for the next pump.... in fact I have check the ZEC website and when you check how many people are involved, then this coin should not be trading at $4M but at $40M. The big problem is the inflation, the block rewards are way too high... I hope they will change it, lower it, and say 6 ZEC per block is max. if that happens then you can see a nice pickup in price.
do you still think ZEC will pump? may be difficult.
hero member
Activity: 644
Merit: 501
I'm looking for ZClassic, anyone?

ZClassic doesn't have any future... price is dropping and keep on dropping because of the high inflation, no buy support etc.

ZCash has probably dropped a lot further. 3,000btc/zec to around 0.25btc/zec

i'm waiting for the next pump.... in fact I have check the ZEC website and when you check how many people are involved, then this coin should not be trading at $4M but at $40M. The big problem is the inflation, the block rewards are way too high... I hope they will change it, lower it, and say 6 ZEC per block is max. if that happens then you can see a nice pickup in price.

+101

What's the short-term floor?

0.20 - 0.22 and then a few pumps, you know how it goes Smiley But current marketcap still stay low...but a reduce in block rewards would make me really happy Smiley

The block rewards are not going to be reduced. It will increase 2x and 4x until it is 12.5 ZEC per block in December and then supply will keep increasing at this rate as more blocks are mined. So for me, price will follow a downtrend for at least 3 months from now
legendary
Activity: 1120
Merit: 1000
I'm looking for ZClassic, anyone?

ZClassic doesn't have any future... price is dropping and keep on dropping because of the high inflation, no buy support etc.

ZCash has probably dropped a lot further. 3,000btc/zec to around 0.25btc/zec

i'm waiting for the next pump.... in fact I have check the ZEC website and when you check how many people are involved, then this coin should not be trading at $4M but at $40M. The big problem is the inflation, the block rewards are way too high... I hope they will change it, lower it, and say 6 ZEC per block is max. if that happens then you can see a nice pickup in price.

+101

What's the short-term floor?

0.20 - 0.22 and then a few pumps, you know how it goes Smiley But current marketcap still stay low...but a reduce in block rewards would make me really happy Smiley
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