Bitcoin Forum

EDIT: ZenCash is now released... so let's speculate!

Monero killer?
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ZEN will be the only crypto currency that is fully end-to-end encrypted.

I have seen people say that ZCL will probably be around $20-$50 around the launch date of ZEN. What do you guys think about this, and will you be investing into this? It would be nice to see what everyone thinks.
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ZenCash - https://bitcointalk.org/index.php?topic=1819977.0
Video explaining ZEN - https://www.youtube.com/watch?v=6oG65jU-eo8
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Zen will launch as a fork of ZClassic. Inspired by Ethereum Classic’s fork from Ethereum, all existing ZClassic holders will receive an equal amount of Zen at launch. This is a demonstration of the support of the community for both coins going forward. The Zen team is working with select Exchanges to assist in this process, and will announce the specific ways to make sure Zen coins are awarded 1-for-1 with existing ZClassic.

Zen will be launched May 23, 2017 (read update link below, you have to buy before). We will have a party in NYC at Consensus. By that time there will be many other elements of the launch in place. This includes:

• Verified exchange support
• Linux wallet and roadmap for other wallets
• Node specifications and configuration instructions
• Mining pool applications

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UPDATE: https://blog.zencash.io/big-news-chain-split-from-zclassic-now-at-block-110000/

$20? maybe, $50 I think is pretty out there. The event is 15 days away and ZCL is going for about $8 and change. I could see $20 in 15 days. I'd be happy to see $20! I like ZCLs.

Agreed, but I wouldn't be surprised if it hits near $50.

Honestly in this alt bull market i wouldn't even be surprised if it hits 50 dollars

Are you gents planning on selling zclassic as soon as you make the import?

That's a good question. I haven't really planned on what I'm going to do with my ZCL yet once I get my ZEN. I'm assuming a lot of people will dump it.

ZClassic making moves.

I will sell it BEFORE I even think of making the import if it hits $50 :lol:

UPDATE: https://blog.zencash.io/big-news-chain-split-from-zclassic-now-at-block-110000/

Video explaining ZEN - https://www.youtube.com/watch?v=6oG65jU-eo8

I think there will be dumps on Zclassic as the fork approaches. Investing at this time is very risky.

Still acquiring more ZCL -  I'll probably dump and rebuy ZCL...

You think the price will trend lower before the split?

After the split mostly, no reason for dumping before the split. People are accumulating ZCL in order to receive ZEN, as we get closer and closer to block 100,000 the price should rise but after that there will probably be some big dumps, especially if the price of ZCL is high at the time.

I think Zen will moon after split and ZCL will dump... because a lot of folks are just in it for the ZEN & markets tend to over react.  I plan to pick up more ZCL if it's low...  Planning to HODL both at this point.

Pretty much what Andrew2k just said....  :-)

I think it is better to mine some now.

Bittrex is still closed, but lots of dumping of $ZCL on C-Cex where prices have been .0007 and Cryptopia where the lows are .001.

Well, the network hash is still extremely high. I'm not mining anymore than I was a week ago. If the price has tanked that low, I would think a few miners would have backed out and i'd be able to mine a bit more. As far as that $20-$50 estimate, I doubt it. I could see it hitting $15 or so MAX.

In a short term perspectiv what you guys think about zencash price ? What's the best strategy for a short term profit ?

The price of Zclassic is now 4$ from 10$ in yesterday but you say it go to 20$ or 50$ ??? ??? ??? ??? ??? ??? ???
what's your idea? i dont think it go up again :o

Did anyone see that drop? ZCL went all the way to 1000sats back to about 3mbtc! Grabbed in at around 3.15mbtc to total around 65 coins on hand. Damn what a drop. To the moon ZCL!\

edit: Welp, did some research on ZenCash and ZClassic and now I understand why it dropped haha. Welp, hopefully ZCL can jump back to around 5mbtc.

it is extremely violent for sure !!!

https://media.giphy.com/media/5caPQCxpHubJe/giphy.gif

Well, like I said, the network hashrate is still pretty high. So people are definitely still interested in this coin.. It could be someone is purposely keeping the price down so they can stock up for a pump. I honestly can't tell what's going on with it. Time will tell though

I don't quite understand something from their FAQ
https://zencash.io/



So did you need to buy before block 110 000, or if you're buying before May 23rd you still get ZENs?

You had to have it on the 110k block which is already past.

On the 23rd the zencash will be launched and all those who had zclassic back then, will receive the Zencash.

It's too late now, if you didn't have Zclassic. The only way to get zencash after is to buy it from an exchange or mine it :)

ok i buy and wait for time...

Zclassic has a price gap and typically price fills gap. People are waiting for ZEN release. The price of Zclassic should rise as soon as ZEN is released. Theres so much money in Crypto right now ZEN could easily hit $50 or beyond. ZEN has a better use case than Zcash and I can't see why ZEN wouldn't hit $100 within 2 weeks after it's release!

Where can I buy ZEN after launching the main network? Or only on the forum?

I'm assuming it will be on Bittrex.

Zen Possible to hit 30-110$ In first week !! so chilled  ;D

Does ZenCash have better tech than Monero?

I suspect that ZEN will start at close to the price of ZCLassic (which it's forking off of) then hard to tell which will drop.

 Keep in mind that ZEN is pre-mined (in effect, due to the fork) just like when ETC and ETH split, so there's not going to be any "crazy early pricing" spike like when ZEC first showed up last year.



 They have announced that Bittrex will be supporting them, but will probably wait a bit (couple hours to a couple days) to enable trading as the network gets stable.

I think they are different.

I think zclassic is a steal right now. Especially since zen cash will be funding it as well. The market mechanics of the coin speak for them selves. Also people are dumping zclassic because it split and dropped in price, but if zen comes out over $4, than it's the same value as zclassic was at $8. So it hasn't really lost any real value. So for me at least, any price for zclassic under $4 is a bargan. Especially since in a month we'll all laugh at how ridiculously low it was now. Remember the value that's been brought to us via zclassic and zencash has all been done without any real funding, can you imagine what's coming now that they're both funded?! Strap in, it's going to be a wild ride.

I agree. I bought 100 ZCL at 127,750 sats. Bargain. This coin has a bright future.

Lets hope the price will be above 5$

Zencash hashrate is fucking crazy!!! This will lead to huge prices. Wow!

Yep, ZENCASH seems extremely promising. Will be holding it for a while by the looks of things.

I thought bittrex were supposed to list ZenCash today, what happened? Have they said anything whatsoever? I send myself some ETH and all to join in the initial craze. Oh well, it can't be too far away, they're already a week behind schedule. If they were going to need another week they'd have probably said something.

Guess it's going to launch within the next 2 hours.

Anything less than $100 is a good price (still 1/4th of Bytecoin which sucks..)

not a fan of bytecoin but zencash just started so they still have to prove they can build the tech. the idea is interesting though I got some zencash from the swap waiting patiently but think its gonna take some time

As both are Fork of Zcash Project

In my opinion, if Zcash tech could proves a good use case, for Zcash Fork with better enhancement it will just add value to the coin itself

So the price will follow the trend of Zcash but it wouldn't hit 100% of its price tho

Zencash for me

Like I posted in the other thread. The launch is pretty shitty. But when price drops below $10  it may be a good buying opportunity. $10 would "only" be $15 million market cap... There are lots of worse projects with higher prices out there.

If they get their shit together it may turn into $75+ quickly.

I'll hold my fork-coins and rebuy at low prices for speculation.
Typical high risk/high reward situation.

Zencash is now in site trade-satoshi with 8$ :-X

what's your idea abou the future of this coin ::) ::)

After people finish dumping, it will start growing as it should. This coin has a bright future imo.

Some news:

- they finally fixed their client and mining
- Eleos GUI wallet for Windows and Linux is out (it's pretty cool I just transfered my first coins there)
- Bittrex trading is now open


I've been a bit bearish because of the launch issues, but that changed quickly.

This may be the Monero killer. Bright future indeed.

Monero killer indeed, it's is fully end to end encrypted.

ZEN looking strong since its launch on Bittrex.

Yeah better than Monero on paper, great potential, i like ZEN, but they have to prove, monero is since 2014

Soon 50 usd : ) ?

50 USD is very possible by the end of the month in my opinion.

ZENcash Will pump up to 0.01 BTC = 1 ZEN in the End of the Month
 ;D ;D ;D ;D ;D

Keep Buy ZeN if you want to Buy Ferrari  :D :D :D :D :D :D :D

I think that we should all contact Ledger and ask for them to integrate Zen support into their wallets - I would think it would be easy to do as they already support Zcash and it would definitely increase the exposure and legitimacy of Zen!

That would be a serious step forward.

This is interesting... ZEC on Alphabay July 1st will most likely pump... This is the test to see if ZEN pumps with it.

I'd rather hold 1,000 ZEC this month. If ZEN fails the pump test, then dump it and don't look back.

Could you elaborate? Which pump test?

Long ZEN for the following reasons

1. recent price dislocation cuts the market cap to 14.7M as of current prices https://coinmarketcap.com/currencies/zencash/

Some of the popular crypto currencies on this chat board have market caps exceeding 9B (Ripple I am looking at you). Its simply impossible for a 100x gain from current levels.

2. transparency of management
a) very active slack channel, https://zencash.slack.com/
b) white paper and road map readily, available https://zencash.io/assets/Zen%20White%20Paper.pdf

3. feature set includes private transactions, encrypted messages and publishing capability

This means we can use Zcash, Monero and Verge as possible examples for possible future price performance over the long run. In the short run we could have continued price volatility.

The only two names I am buying at the moment are ZEN and VIA.

Big News about ZENcash

https://steemit.com/zencash/@sayyedraza/zencash-under-zero-day-attack

ZenCash drop  . from 0.006 btc to 0.003

50usd sure?? :-[

ZenCash will drop more to 0.001

ZenCash  and zcach same price

It will not. replay attack has been fixed and there will be a hard fork
https://www.youtube.com/watch?v=f8SeKOvcQfs&t=220s

I also heard that one of these dev coins escaped. Many are still hoping the news is not true. Or maybe it's a strategy to panic.

Wow prices have dropped, what happened?

I have been looking into Zencash and really like it. However the price used to be near $18 and is now approx just under $5. What happened with this coin? Is there still upside potential to get back to $20+ ??

Both have great potential for a 5-10x in the next 1-6 months imo, especially after dropping to current price levels

Usually price is always the highest when it comes on exchange, not to mention everything was at the all time high at that point.

5$ is realistic value right now, you always have to wait a bit for it to settle.

i like zencash. i think iohk is helping them out.

concept is strong, if they can develop with good support, this can become a nice platform for small/anonymous payments.

ZEN is so undervalued right now. After the fork it dropped significantly. Right now it has so much room to grow.

Can someone tell me though what sets Zencash apart from others - say Monero?

Zcash has a backdoor for regulators which monero has not. Monero is 100% secure

Here we are, we found your one precious!

If you want real security, real privacy, only way is - ZCoin

not zcash, but zencash.

Or is it all the same, i know it's a fork but were there no changes?

Come on vsync back to the ripple topic. I saw the upper crippler came out of his ivory tower to comment on the topic.

Go anonymously go monero. No bullshit no hype around it, no dubious figures hanging around, no inflated smart contract dreams just 100% anonymous & secure.

Here is a good writeup regarding zerocoin  https://monero.stackexchange.com/questions/2719/how-does-monero-privacy-and-security-compare-to-zcoin/2725

Common my methadelic ripple fan boy. Organisations like CIA and NSA can figure out the transactions because the link between transaction still exist on the blockchain. Also Monero transactions are heavyweight and slow and there is still no normal functioning wallets available for mass adoption. In addition the people behind Monero don't care much about community and have taken the piss out of investors before which is very amateur and childish.

Also, here is the only world real anonymous coin, educate yourself my unstable cripple:

https://www.youtube.com/watch?v=tUdupQjnLVc
https://www.youtube.com/watch?v=GijBiepK0ws
https://www.youtube.com/watch?v=CxG4MirxKMg
https://www.youtube.com/watch?v=DAJirQaBIzY
https://www.youtube.com/watch?v=gMx-lTPQAxk

ZenCash is very good project, Team growing, more and more people coming to slack channel. One thing i like about, this  Team is open for new ideas, this is totally community driven project, so if you have good ideas.. There is no problem for funding this project, alocated funds will bring prosparity. Team alredy investing in Marketing and promotions. Nodes are in progress of development. Invest now while it is still cheap.

It was really bad experience with ZENcash
Heard a lot about ZENCash finally devs fight and split in ZCL and ZENcash ,
Then it become shit coin  ;D

What a bunch of craps. First this is not a shit coin, if you read about you can find out much efforts are done already, good things are coming.
What experience do you mentioning, recently all coins went down, now recovering! Price is low but this is only reflections of BTC fork , and price soon will be much higher. Next time when you posting this way please provide us some references.
One developer left-his reasons. His places is filled with whole group of developers, which are paid directly from treasury, and you probably don't know what is that.

Most of coins are down now and i speculate most of them will stay that way for the coming next three months due to bitcoin swinging price but after Zencash will get attention again and easily hit 40 USD .

Developer who left acted very unprofessional and made damage in start. Situation today is much more different and you can check it here : https://blog.zensystem.io/wp-content/uploads/2017/08/ZenCash-Overview-for-Investment-Professionals-v2.pdf
Team working hard, Slack channel is very active, every day you can hear something new.
Zen Faucet is almost ready, Server wallet is almost ready..In such a short time.
Bunch of people doing different tasks..

Hopefully it will continue this way. This coin deserves to be valued at a higher price.

I am looking into the zencash , IMO its really a good project

The secure nodes system to guarantee the network (with the reward at 3.5% that is really interesting) , the Treasury fee to guarantee the develop  and the private messages  are all features that differentiate this currency from the other.
I think that when the secure nodes will go live  the price could be easy 5x (~25$)
The current price is really cheap and the market cap is low.

ZEN has been undervalued for a long time, now it has been discovered again. It was so high! Much room to grow now!

Yes they have very good monthly funds, as i understood about 88k Dollars at current price and they can do much with those money. 8.5% ( 18,360 ZEN per month)- ZenCash treasury.  I only hope community will guide them, and they wont misuses those funds. So far they look very professional and,so trust rising.

Can anyone give any tips? What is going on with it right now? What are the plans? Do you expect ZEN to grow in a few months?

Secure Nodes should be on line next month which is what many are waiting for. But there's so much more going on in the mean time. There is a Live Stream this Wednesday; they will talk about what they are doing and what is about to be completed.

https://blog.zensystem.io/new-zencash-livestream-schedule-wednesday-1pm-edt-held-biweekly/ (https://blog.zensystem.io/new-zencash-livestream-schedule-wednesday-1pm-edt-held-biweekly/)

Zen will easily grow in a few months. Should see 3x easily within the next few months.

I'm interested in this one a lot.  If I wanted to get in, do you suggest now, or should I wait for a pull-back?

Now is probably the perfect time to get in. It's dropped 50% since last month and secure nodes are supposed to be implemented this month. But this is the crypto world so wtf knows anymore?

Zen price has come down for long time. Maybe it was overvalued. I remember something bad happened to the project in the beginning. Its like the price is still recovering from that.

It is. I follow this project closely and me+many people are mining it in replace of zcash. Secure nodes are about to be launched and many other features on the way

Well... it seems like it did well ;).

yeah also zen is just listed on Upbit  https://upbit.com/exchange?code=CRIX.UPBIT.BTC-ZEN

zencash is going to 40$ with the secure nodes

My opinion is this time next year zen will be around $200 this dev team seems to be on top of what's is happening and never leaves the community in the dark I think the team in coin is different from any other

I totally agree that ZEN has been undervalued for a long time !
Even with the beautiful ads that will arrive soon (news logo, masternodes ...) it is difficult to say what price can reach ZEN ... $ 50, $ 100, $ 200 ???

Yes I agree that this coin is really different from other crypto and with the recent updates of the value, I think that next year is not just $200 but more than that. There were lots of speculations that next year will be the pumping periods of altcoins, so hopefully zen will be showing great spikes, compared of this year’s dumping values. Despite of its being undervalued, there will be possible increase of demand in the future because that’s mainly the behavior of all digital crypto currencies.

Zcash definitely was undervalued and some people get big rewards because of this, but now it will dump.

Yeah if the kind of attitude of the people working the team, will reap a rewarded, I am pretty sure they will be on top next year and would come up with impressive ads and boost the price more than expected,

I think that if the PBC did not advertise this coin, then there would not be a surge in its price. discussions in the club attracted interest in this project and created price volatility

Announcements are scheduled for November 28, then the secures nodes for November 30 ...
This is the kind of ads that could take off the ZEN

Within 3-4 days, the future of zencash will be determined by the announcemens, I know the holders and adopters of zencahs are all waiting for the news. Hope they announce something useful and the price goes up to the sky.

If some mediocre-priv product like Dash with huge premine can be 600$... i see no reason why Zen can´t be 200$...

They just need to improve marketing and some branding+design in the look&feel of the wallet (some of that is on the way), The tech part is top.

Is Dash really a premined coin? Could anybody please tell me what the price was before Coinmarketcap listing? Was there a big insta pump then?

There is a rebranding that will happen once the secure nodes are fully functional on the mainnet. I suspect that will happen just after the start of the new year.