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Alternate cryptocurrencies => Altcoin Discussion => Topic started by: Vladdirescu87 on December 11, 2016, 10:37:35 PM



Title: These 3 Factors Drive the Zcash Hype
Post by: Vladdirescu87 on December 11, 2016, 10:37:35 PM
It has been no mean feat for Zcash to generate the kind of enthusiasm it has, much of it before it even launched.

On October 27, a day before the official launch, Arthur Hayes, a market analyst and CEO at the trading platform BitMEX, speaking to CoinDesk, described the enthusiasm for Zcash as “deafening.” He said:
"No one wants to miss the next bitcoin or ether. Everyone is trying to get their hands on ZEC."

You can read more info here:  https://coinidol.com/these-3-factors-drive-the-zcash-hype/

What do you think about Zcash?


Title: Re: These 3 Factors Drive the Zcash Hype
Post by: VanDeinsberg12 on December 11, 2016, 10:41:22 PM
It's an October news , dude. The Zcrash has nothing to do.
Quote
"Everyone wants to miss the next bitcoin or ether. Everyone is never trying to get their hands on ZEC."
The correct sentences right now.
And their first hype was never meaning anything right now.


Title: Re: These 3 Factors Drive the Zcash Hype
Post by: KitcatCat on December 12, 2016, 12:09:15 AM
It has been no mean feat for Zcash to generate the kind of enthusiasm it has, much of it before it even launched.

On October 27, a day before the official launch, Arthur Hayes, a market analyst and CEO at the trading platform BitMEX, speaking to CoinDesk, described the enthusiasm for Zcash as “deafening.” He said:
"No one wants to miss the next bitcoin or ether. Everyone is trying to get their hands on ZEC."

You can read more info here:  https://coinidol.com/these-3-factors-drive-the-zcash-hype/

What do you think about Zcash?

I think it was a big hype scam. Poeple got roped into 1 and 2 year mining contracts for that. Talk about a big loser. Not only are you going to lose money but you have to relive it everyday for 2 years.


Title: Re: These 3 Factors Drive the Zcash Hype
Post by: bbc.reporter on December 12, 2016, 12:30:40 AM
It has been no mean feat for Zcash to generate the kind of enthusiasm it has, much of it before it even launched.

On October 27, a day before the official launch, Arthur Hayes, a market analyst and CEO at the trading platform BitMEX, speaking to CoinDesk, described the enthusiasm for Zcash as “deafening.” He said:
"No one wants to miss the next bitcoin or ether. Everyone is trying to get their hands on ZEC."

You can read more info here:  https://coinidol.com/these-3-factors-drive-the-zcash-hype/

What do you think about Zcash?

What do I think about zcash? Well let me see. It is really a bitcoin clone with a built in tumbler. The technology that they developed called zk-snarks is really not that practical to use as said by bitcoin expert Peter Todd. The original developers intended for this to be built on top of bitcoin but they made a decision to have their own tokens in the middle of the development process. I wonder why.


Title: Re: These 3 Factors Drive the Zcash Hype
Post by: KitcatCat on December 12, 2016, 07:01:54 AM
It has been no mean feat for Zcash to generate the kind of enthusiasm it has, much of it before it even launched.

On October 27, a day before the official launch, Arthur Hayes, a market analyst and CEO at the trading platform BitMEX, speaking to CoinDesk, described the enthusiasm for Zcash as “deafening.” He said:
"No one wants to miss the next bitcoin or ether. Everyone is trying to get their hands on ZEC."

You can read more info here:  https://coinidol.com/these-3-factors-drive-the-zcash-hype/

What do you think about Zcash?

What do I think about zcash? Well let me see. It is really a bitcoin clone with a built in tumbler. The technology that they developed called zk-snarks is really not that practical to use as said by bitcoin expert Peter Todd. The original developers intended for this to be built on top of bitcoin but they made a decision to have their own tokens in the middle of the development process. I wonder why.

So insightful. Bravo! Except id like to see bitcoin do it and we know it wont ever so even though this is a big hype scam if the tech is legit it will be big one day.


Title: Re: These 3 Factors Drive the Zcash Hype
Post by: BitcoinNational on December 12, 2016, 09:10:57 AM
you had cash
now you have ZERO cash

lolz

i get it now ;)


Title: Re: These 3 Factors Drive the Zcash Hype
Post by: stomachgrowls on December 12, 2016, 09:29:38 AM
It has been no mean feat for Zcash to generate the kind of enthusiasm it has, much of it before it even launched.

On October 27, a day before the official launch, Arthur Hayes, a market analyst and CEO at the trading platform BitMEX, speaking to CoinDesk, described the enthusiasm for Zcash as “deafening.” He said:
"No one wants to miss the next bitcoin or ether. Everyone is trying to get their hands on ZEC."

You can read more info here:  https://coinidol.com/these-3-factors-drive-the-zcash-hype/

What do you think about Zcash?

What do I think about zcash? Well let me see. It is really a bitcoin clone with a built in tumbler. The technology that they developed called zk-snarks is really not that practical to use as said by bitcoin expert Peter Todd. The original developers intended for this to be built on top of bitcoin but they made a decision to have their own tokens in the middle of the development process. I wonder why.

So insightful. Bravo! Except id like to see bitcoin do it and we know it wont ever so even though this is a big hype scam if the tech is legit it will be big one day.
It wont be legit since zcash devs do really tend to make money and theres no legit features that could able to surpass bitcoin no matter what. I dont know whats the true reason why the hype pumped soo much on which it reaches an increadibly high price from the start but the hype would be only on its launching time but in the long run it definitely dump hard.


Title: Re: These 3 Factors Drive the Zcash Hype
Post by: marketone on December 12, 2016, 09:31:38 AM
Yes this really frustrating many people because in the beginning of zcash it seems there is big hype that this coin will be next bitcoin, but many people have fallen into the trap zcash, even many people have invested lot of money into mining of zcash .But is not going to where what we expected but keep going down and down.


Title: Re: These 3 Factors Drive the Zcash Hype
Post by: ArdiPrabowo on December 12, 2016, 09:51:50 AM
It has been no mean feat for Zcash to generate the kind of enthusiasm it has, much of it before it even launched.

On October 27, a day before the official launch, Arthur Hayes, a market analyst and CEO at the trading platform BitMEX, speaking to CoinDesk, described the enthusiasm for Zcash as “deafening.” He said:
"No one wants to miss the next bitcoin or ether. Everyone is trying to get their hands on ZEC."

You can read more info here:  https://coinidol.com/these-3-factors-drive-the-zcash-hype/

What do you think about Zcash?

I think it was a big hype scam. Poeple got roped into 1 and 2 year mining contracts for that. Talk about a big loser. Not only are you going to lose money but you have to relive it everyday for 2 years.

not hype scam, zcash until now still can trading and good volume transaction
but zcash is very bad coin is about inflation
you can see zcash price in early launch, zcash price is over bitcoin price
so is buy zcash early launch lost much money


Title: Re: These 3 Factors Drive the Zcash Hype
Post by: Cryptotraider16 on December 12, 2016, 09:53:09 AM
Thanks god i listen my guys miners who say wait...do not buy or invest anything in start..now i see they was right..
only old miners with old rigs make profit they keep mine and dump zcash...;)

sorry again to all who buy expensive rigs and zcash at start..cant imagine you buy at 1btc price or even higher..WTF who buy it on start..


Title: Re: These 3 Factors Drive the Zcash Hype
Post by: Zadicar on December 12, 2016, 10:19:15 AM
Thanks god i listen my guys miners who say wait...do not buy or invest anything in start..now i see they was right..
only old miners with old rigs make profit they keep mine and dump zcash...;)

sorry again to all who buy expensive rigs and zcash at start..cant imagine you buy at 1btc price or even higher..WTF who buy it on start..
In my situation i didnt really intend to put money on zcash from the start no matter how the hype is soo high and everyone claiming that this coins would really have the potential and i was right either and this coins just pump hard and dump hard and same as you said i feel sorry for those who bought on expensive price how much more for those who invest on 100+ btc zcash price.. I would be really get depressed.


Title: Re: These 3 Factors Drive the Zcash Hype
Post by: shinratensei_ on December 12, 2016, 11:04:30 AM
Yes this really frustrating many people because in the beginning of zcash it seems there is big hype that this coin will be next bitcoin, but many people have fallen into the trap zcash, even many people have invested lot of money into mining of zcash .But is not going to where what we expected but keep going down and down.

Just like a manipulation price, It seems like the scenario of zcash already planted from a long time ago. And there is someone was buying it at the price 3000btc for 1 ZEC totally may they have thrown a million dollar just for a coin has worth for $40 at this time. The funny scenario of zec.


Title: Re: These 3 Factors Drive the Zcash Hype
Post by: electronicash on December 12, 2016, 11:22:16 AM
It has been no mean feat for Zcash to generate the kind of enthusiasm it has, much of it before it even launched.

On October 27, a day before the official launch, Arthur Hayes, a market analyst and CEO at the trading platform BitMEX, speaking to CoinDesk, described the enthusiasm for Zcash as “deafening.” He said:
"No one wants to miss the next bitcoin or ether. Everyone is trying to get their hands on ZEC."

You can read more info here:  https://coinidol.com/these-3-factors-drive-the-zcash-hype/

What do you think about Zcash?

What do I think about zcash? Well let me see. It is really a bitcoin clone with a built in tumbler. The technology that they developed called zk-snarks is really not that practical to use as said by bitcoin expert Peter Todd. The original developers intended for this to be built on top of bitcoin but they made a decision to have their own tokens in the middle of the development process. I wonder why.

Bitcon dev will never add that zk-snarks feature anytime anymore because its already used by zcash.  The hype is just a hype, it took so much money from investors in just days. I can't believe a coin with just weeks old will overthrow btc and people really thought it could happen instantly that they bought zcash more than 3btc for 1zcash.


Title: Re: These 3 Factors Drive the Zcash Hype
Post by: numismatist on December 12, 2016, 11:25:21 AM
What do you think about Zcash?

Zcrrrrash. Exactly.


Title: Re: These 3 Factors Drive the Zcash Hype
Post by: propcorn on December 12, 2016, 11:50:02 AM
people got crazy about the hype and forget about the fundamentals of the crypto...
It can bring new features for the crypto in general, but for now its just another altcoin lanched with huge hype that will lose alot of theyr value due big inflaction


Title: Re: These 3 Factors Drive the Zcash Hype
Post by: thepo1m on December 12, 2016, 05:56:27 PM
True everybody is searching for the next big thing and don't want to be told thesame story twice and this create sheep mentality among speculators, this is not perculiar to Zcash alone even the ICO projects and overfunding too. A project that require 2000BTC ended up raising 17000BTC


Title: Re: These 3 Factors Drive the Zcash Hype
Post by: Clement Kaliyar on December 12, 2016, 07:29:12 PM
True everybody is searching for the next big thing and don't want to be told thesame story twice and this create sheep mentality among speculators, this is not perculiar to Zcash alone even the ICO projects and overfunding too. A project that require 2000BTC ended up raising 17000BTC
Everybody has a lot of bitcoins stored in their cold wallet and they doesnt know where to invest these coins and when they see an ICO they start investing big in those and so is the reason most of the scammers got rich pretty fast and disappeared with the coins just like that and most of the projects raised more coins than what is needed for them.Zcash will crash and come down to $30 or below pretty soon but i hope Zcash mining is still profitable at this rate.


Title: Re: These 3 Factors Drive the Zcash Hype
Post by: NoirGroup LLDC on December 13, 2016, 09:38:06 AM
Why not see if Bitcoin devs will add this "improvement" ? That will determine the value of the work done


Title: Re: These 3 Factors Drive the Zcash Hype
Post by: karawantbtc on December 13, 2016, 11:28:30 PM
you had cash
now you have ZERO cash

lolz

i get it now ;)

If you own the most popular website you can hype your coin too!


Title: Re: These 3 Factors Drive the Zcash Hype
Post by: bbc.reporter on December 14, 2016, 12:55:20 AM
It has been no mean feat for Zcash to generate the kind of enthusiasm it has, much of it before it even launched.

On October 27, a day before the official launch, Arthur Hayes, a market analyst and CEO at the trading platform BitMEX, speaking to CoinDesk, described the enthusiasm for Zcash as “deafening.” He said:
"No one wants to miss the next bitcoin or ether. Everyone is trying to get their hands on ZEC."

You can read more info here:  https://coinidol.com/these-3-factors-drive-the-zcash-hype/

What do you think about Zcash?

What do I think about zcash? Well let me see. It is really a bitcoin clone with a built in tumbler. The technology that they developed called zk-snarks is really not that practical to use as said by bitcoin expert Peter Todd. The original developers intended for this to be built on top of bitcoin but they made a decision to have their own tokens in the middle of the development process. I wonder why.

So insightful. Bravo! Except id like to see bitcoin do it and we know it wont ever so even though this is a big hype scam if the tech is legit it will be big one day.

The tech is legit? It is not legit according to long time bitcoin developer Peter Todd. Zk-Snark is relatively weak and turned out to be "totally broken". That is his own words. There are other issues and concerns with zcash that potential investors here need to know.

Read this blog https://petertodd.org/2016/cypherpunk-desert-bus-zcash-trusted-setup-ceremony#disclaimers

So before you fully support a coin that you think is worth making a sock puppet account for. Do your research first.


Title: Re: These 3 Factors Drive the Zcash Hype
Post by: carlfebz2 on December 14, 2016, 06:52:44 AM
True everybody is searching for the next big thing and don't want to be told thesame story twice and this create sheep mentality among speculators, this is not perculiar to Zcash alone even the ICO projects and overfunding too. A project that require 2000BTC ended up raising 17000BTC
Everybody has a lot of bitcoins stored in their cold wallet and they doesnt know where to invest these coins and when they see an ICO they start investing big in those and so is the reason most of the scammers got rich pretty fast and disappeared with the coins just like that and most of the projects raised more coins than what is needed for them.Zcash will crash and come down to $30 or below pretty soon but i hope Zcash mining is still profitable at this rate.
You are right and thats really common to happen on these days there are people who do have lots of bitcoin and some of them would really like to invest on which the hype is too high and without doing research or any other thing that related to the coin as long they put up money on a particular crowdfunding but sadly these are the ways to scam people easily just like what you mentioned. Zcash mining is still profitable though in my own view.


Title: Re: These 3 Factors Drive the Zcash Hype
Post by: Dahhi on December 15, 2016, 02:32:06 AM
The reason investors do not take the time to study each coin before investing is because the project brief is always written in technical language and most people don't understand it.
So they just invest believing the developer knows what he's doing. Zcash was very bloody. People lost big sums.


Title: Re: These 3 Factors Drive the Zcash Hype
Post by: KitcatCat on December 15, 2016, 08:54:26 AM
The reason investors do not take the time to study each coin before investing is because the project brief is always written in technical language and most people don't understand it.
So they just invest believing the developer knows what he's doing. Zcash was very bloody. People lost big sums.

That's not over yet. People can still make big sums when the going gets good but that wont be for a while i suppose.