Topic: [ZEC] Zcash Speculation - page 19. (Read 54092 times)
Twas not suspected, when the initial release I had underestimated this coin, but now I have to buy expensive to have and save. Hope as an alternative to long term investment.
ZEC - ZCash is growing rapidly and from the top traded coins on poloniex seems that ZEC is upper than ETC.
And the trading volume last 24 hours is 1724BTC which is really high for a new coin that has reached the market.
I expect soon ZEC to reach 0.15, thank you...
with a price like that you have to expect that people do trade that often and i am sure most of them are mining Zcash as it gives ample profit than mining bitcoin i guess but the price of Zec is crashing all the way and now it has reached $54 today and i dont know if we can see a rise from this price anytime soon And the trading volume last 24 hours is 1724BTC which is really high for a new coin that has reached the market.
I expect soon ZEC to reach 0.15, thank you...
I suggest to everyone to don't enter this as long as the full reward is active (i.e. in 33 days).
I would consider this to be a way to short a time frame. 6-9 months would be more appropriate in my opinion. Let us do some very simple math here.
ZEC block 1036, just currently mined, has a total block reward of 0.6476 ZEC. In 34 days the block reward will be 12.5 ZEC. So here is the math. If the demand for ZEC remains constant, which is a massive if since it requires keeping up the hype for over a month, then the price per ZEC would drop by an additional factor of over 19x. to around 0.3 XBT or around 214 USD. Let us not forget the peak was around 2.4 million USD. In addition, one would expect this bear market to gain some momentum on the downside, with a base starting point of a drop of around 99.99%. The question of how many 9s, will it be 99.999% or 99.9999% etc., before a bottom is reached remains to be seen.
Edit: I get the feeling that someone really overreacted to the criticism of the Dash instamine here, with this linear ramp up of the block reward over 34 days.
Well I was wrong this bear market has been more brutal than my estimate of 0.3 XBT I made back in October.
Today was a good increase to 0.08 BTC after yesterday's unjustified sale.
The sales will keep on some time, unitil there are some usage of the ZCash in dark net. Then the price will rise.
It depends on the effort of the ZCash developers and big whales. After they have enough, they and promote and pump.
Today was a good increase to 0.08 BTC after yesterday's unjustified sale.
The sales will keep on some time, unitil there are some usage of the ZCash in dark net. Then the price will rise.
Today was a good increase to 0.08 BTC after yesterday's unjustified sale.
The sales will keep on some time, unitil there are some usage of the ZCash in dark net. Then the price will rise.
The founders need to burn 19.5% of there Zcash income, that would help Zcash
That is right. If the Founders develop the ZCash properly, they should be rewarded. Otherwise, it will become another scam coin.
Today was a good increase to 0.08 BTC after yesterday's unjustified sale.
That founder's reward is the dumbest thing. Also didn't they inject like 20000 coins recently?
On Poloniex just look at the buy and sell orders, there aren't enough people wanting to bux. It wouldn't take much for the coin to crash hard and reach < 0.00 BTC.
On Poloniex just look at the buy and sell orders, there aren't enough people wanting to bux. It wouldn't take much for the coin to crash hard and reach < 0.00 BTC.
The founders need to burn 19.5% of there Zcash income, that would help Zcash
It looks like ZEC is falling steadily from the beginning. It is 0.07 now and there are no signs for it to go up in the future. I'm glad I've bought only a small amount of the coins at 0.18 two weeks ago. Thought it might go up over 1 BTC again, but now I think it will never happen. Lost around 0.005 because of that purchase.
Let me leave this 3 data here:
There are $1500k of Bitcoins mined everyday.
There are $500k of ZEC mined everyday.
There are $50k of Monero mined everyday.
There are $1500k of Bitcoins mined everyday.
There are $500k of ZEC mined everyday.
There are $50k of Monero mined everyday.
but in zcash mined, in result 20% in have to founder
so is founder zcash can full control in price
can dump in market everytime, so monero in statistic under zcash, but this real monero still good and above in compare zcash
Let me leave this 3 data here:
There are $1500k of Bitcoins mined everyday.
There are $500k of ZEC mined everyday.
There are $50k of Monero mined everyday.
There are $1500k of Bitcoins mined everyday.
There are $500k of ZEC mined everyday.
There are $50k of Monero mined everyday.
but in zcash mined, in result 20% in have to founder
so is founder zcash can full control in price
can dump in market everytime, so monero in statistic under zcash, but this real monero still good and above in compare zcash
Is Mining still profitable, If not the price should be stable by now. Is this the base for Zcash or it will fall to 0.02-0.04 range.
If you have the newer RX series, it is still profitable now. But it is more profitable to mine the Ethereum at the moment.
Assuming if 1 Rx series can produce up to 24 sols and according to the site https://www.cryptocompare.com/mining/calculator/zec
You will need minimum sols to get profit up to 250sols for taking a little profit a day.
The Rx 480 is about 200 sols and use about 140W. If your electricity price is 0.2 dollar/kWh, the profit is 0.75 dollar after electricity.
Is Mining still profitable, If not the price should be stable by now. Is this the base for Zcash or it will fall to 0.02-0.04 range.
If you have the newer RX series, it is still profitable now. But it is more profitable to mine the Ethereum at the moment.
Assuming if 1 Rx series can produce up to 24 sols and according to the site https://www.cryptocompare.com/mining/calculator/zec
You will need minimum sols to get profit up to 250sols for taking a little profit a day.
Personally I would dump any Zcash I had.
The fad is starting to die down, people are turning back to Monero and Bitcoin.
I honestly wouldn't be surprised if this coin was at the level of LTC a few years from now.
The fad is starting to die down, people are turning back to Monero and Bitcoin.
I honestly wouldn't be surprised if this coin was at the level of LTC a few years from now.
You know, people have been saying that for the past month since ZEC arrived. Although ZEC had to go down from it's mad initial price, it never went below 50$/ZEC and had the audacity to go back up to 100$/ZEC a week ago. Even if the coin still lives on the exchanges only, there's still a lot going on and I'm pretty sure it'll get a few pumps in the months to come.
I for one have mined it since day one and haven't stopped. It might be a scam coin, it might not, but it's landed me more than ETH so far...
Let me leave this 3 data here:
There are $1500k of Bitcoins mined everyday.
There are $500k of ZEC mined everyday.
There are $50k of Monero mined everyday.
There are $1500k of Bitcoins mined everyday.
There are $500k of ZEC mined everyday.
There are $50k of Monero mined everyday.
Is Mining still profitable, If not the price should be stable by now. Is this the base for Zcash or it will fall to 0.02-0.04 range.
If you have the newer RX series, it is still profitable now. But it is more profitable to mine the Ethereum at the moment.
Is Mining still profitable, If not the price should be stable by now. Is this the base for Zcash or it will fall to 0.02-0.04 range.
Personally I would dump any Zcash I had.
The fad is starting to die down, people are turning back to Monero and Bitcoin.
I honestly wouldn't be surprised if this coin was at the level of LTC a few years from now.
The fad is starting to die down, people are turning back to Monero and Bitcoin.
I honestly wouldn't be surprised if this coin was at the level of LTC a few years from now.
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