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Topic: [ZEC] ZCASH - All coins are created equal. Discussion Thread (Unofficial) - page 50. (Read 161847 times)

legendary
Activity: 1120
Merit: 1000
Crazy pump from 0.250 to 0.380... pitty that I went full in at 0.356 and was not able to buy coins at 0.251. Anyway profit is profit, never thought that it would move up again after being that low.
member
Activity: 87
Merit: 10
the price is dropping day by day.

Yeah you are right and I think that this is because of the fact its more and more used by bots and they are just pumping and dumping its pretty logical and not good at all for the coin right now.
hero member
Activity: 868
Merit: 1000
support is mostly fake everything is below 0.116
legendary
Activity: 2730
Merit: 1068
Juicin' crypto
haha sorry ass coin (for now).

i can see it booming one day, but as usual it'll be alllllllllllllllllllll whales playing their pNd games on this thing.
legendary
Activity: 1120
Merit: 1000
More and more BTC support at current prices... are we getting close to a button?
legendary
Activity: 942
Merit: 1026
Will we see Zcash at 0.01 BTC?

that won't be the bottom
legendary
Activity: 1120
Merit: 1000
i think the main issue with zec is that the large scale holders are freely dumping with the increase of block value to balance out mining competition with other coins.

unless you turn over your rewards after every block you find, this coin is no more profitable than eth by the time the dumps on exchanges catch up with you.

also is the privacy feature going to eventually work, or is it functional but just slow.. whats the deal there.

also also.. are there mining rewards for orphans? (uncles)

Dev should fork it... 5 ZEC per block is more then enough... price will move up and investors vs miners will be in balance.
sr. member
Activity: 430
Merit: 253
VeganAcademy
i think the main issue with zec is that the large scale holders are freely dumping with the increase of block value to balance out mining competition with other coins.

unless you turn over your rewards after every block you find, this coin is no more profitable than eth by the time the dumps on exchanges catch up with you.

also is the privacy feature going to eventually work, or is it functional but just slow.. whats the deal there.

also also.. are there mining rewards for orphans? (uncles)
legendary
Activity: 1120
Merit: 1000

Zcash Classic is a pure scam coin.

Marketcap of ZEC starts to look better and better Wink

$2,790,189
legendary
Activity: 3164
Merit: 1003
hero member
Activity: 644
Merit: 501
Dev should fork his coin. The business model is not working... reduce the max number of coins per block to 5 ZEC... and price will already jump back to 2 BTC...


Yeah and if you set block reward to 0.0001 ZEC it will jump even higher, just so that we and dev can sell the coins... lol
i would be happy with 0.0001 ZEC reward Smiley

You have really bad taste in selecting coins.  I bet fomo got you and you bought above 1 BTC/ZEC.

0.30 BTC now... get ready for 0.20 BTC... maybe a little pump to 0.40... but then the drop will continue.

Yea its dropping faster than I expected. And the trading volume is also down a bit. I think it 'll be many months after we can see stability in this coin.
legendary
Activity: 1932
Merit: 1042
https://locktrip.com/?refId=40964
Dev should fork his coin. The business model is not working... reduce the max number of coins per block to 5 ZEC... and price will already jump back to 2 BTC...


Yeah and if you set block reward to 0.0001 ZEC it will jump even higher, just so that we and dev can sell the coins... lol
i would be happy with 0.0001 ZEC reward Smiley

You have really bad taste in selecting coins.  I bet fomo got you and you bought above 1 BTC/ZEC.

0.30 BTC now... get ready for 0.20 BTC... maybe a little pump to 0.40... but then the drop will continue.

volume exchanged are going down..
ZEC is drilling to find a new bottom to restart.
and he still finding it!!!
legendary
Activity: 1120
Merit: 1000
Dev should fork his coin. The business model is not working... reduce the max number of coins per block to 5 ZEC... and price will already jump back to 2 BTC...


Yeah and if you set block reward to 0.0001 ZEC it will jump even higher, just so that we and dev can sell the coins... lol
i would be happy with 0.0001 ZEC reward Smiley

You have really bad taste in selecting coins.  I bet fomo got you and you bought above 1 BTC/ZEC.

0.30 BTC now... get ready for 0.20 BTC... maybe a little pump to 0.40... but then the drop will continue.
newbie
Activity: 36
Merit: 0

Did not the high price?
This coin dead?
hero member
Activity: 545
Merit: 500
Dev should fork his coin. The business model is not working... reduce the max number of coins per block to 5 ZEC... and price will already jump back to 2 BTC...


Yeah and if you set block reward to 0.0001 ZEC it will jump even higher, just so that we and dev can sell the coins... lol
i would be happy with 0.0001 ZEC reward Smiley

You have really bad taste in selecting coins.  I bet fomo got you and you bought above 1 BTC/ZEC.
legendary
Activity: 2842
Merit: 1511
but a 12.5 reward/block isn't going to do shit to the price by itself.  The reason the price is falling so fast is because it was crazy pumped to begin with.

My post was tongue-in-cheek. In any case, why do you assume that? The reason it was crazy pumped to begin with is because there were less than 10 ZEC on Polo to trade. The reason it will be crazy dumped is because there will be over a million ZEC on there eventually.

Its current marketcap is around 3-4 million, so you could easily pump it 10x if there was no sell pressure from new rewards. Steem did +30 million in mcap thanks to proposing such "re-engineering".
legendary
Activity: 1164
Merit: 1010
Dev should fork his coin. The business model is not working... reduce the max number of coins per block to 5 ZEC... and price will already jump back to 2 BTC...

I wouldn't be surprised if something like this happens. "Now only 21 thou coins to be mined instead of 21 mil! Best crypto evers! Roger Ver! Pump, pump, pump!" etc...

I seriously doubt such a hf will come.  The dispense model was specifically modeled after BTC.  Yes, the price is plummeting as more coins enter the ecosystem, but a 12.5 reward/block isn't going to do shit to the price by itself.  The reason the price is falling so fast is because it was crazy pumped to begin with.

TLDR: Changing emission rate isn't the solution.  Letting the market settle to a more realistic price is the only thing that needs to be done now.
member
Activity: 118
Merit: 100
the price is dropping day by day.
legendary
Activity: 2842
Merit: 1511
Dev should fork his coin. The business model is not working... reduce the max number of coins per block to 5 ZEC... and price will already jump back to 2 BTC...

I wouldn't be surprised if something like this happens. "Now only 21 thou coins to be mined instead of 21 mil! Best crypto evers! Roger Ver! Pump, pump, pump!" etc...
legendary
Activity: 3038
Merit: 1166
Leading Crypto Sports Betting & Casino Platform
https://www.youtube.com/watch?v=omCDE64AveU

Thank you miners Smiley There will be no bottom for this dumping.
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