Bitcoin Forum

Does anyone know why price of Zcash going so high?

www.newslocker.com/en-au/news/technology/jpmorgan-chase-to-integrate-zcash-technology-to-its-enterprise-blockchain-platform-forbes/

 Banksters were behind creating it, and now they have more officially taken control.

Will ZEC raise more like XRP?

Yes, the latest news gives FOMO to buy more and more zcash. I could be thought if that's another fake pump. If you have an experience with Ripple in this time and looks ripple gets dumped so hard on the market.
More coin will be the centralized coin. The big companies will try to take a control with his unlimited money. The hype already over and it looks zcash never raise more pump than XRP.
Not many people in asian are believing it.

oh shit, the price is rising hardly,, i think i miss the train on this,,
but should be carefull everything can be happend , just look at the XRP,, for example

It's not only zcash if you currently see coinmarket cap so many coins price are just suddenly increasing and this is actually a good thing to see as after few months mostly the price will be low again but the best thing to see would be which alt actually made it far and which alt price increase was for fun

Well ZEC will likely dump. Miners including me will be flooding the market with expensive ZEC the next days. I'll be more than happy to have the price stay this way but I fear the buy support won't hold for long.

It's the hype around JPM what pumped up the price. When we saw Zcash for first time the question was who wants to use such a currency that had the option to function as a true digital equivalent of cash leaving no traces. And except us (nerds, ITs, computer enthusiast, speculators, etc.) the banks may also have interest doing this. And here comes JPM with there Ethereum build Quorum platform who wants to implement Zcash in. Nobody says JPM is going to use ZEC as payment method, but their going to use its technology which is a great proof that Zcash is awesome technology. Not to leave the fact that ZEC also entered in Enterprise Ethereum Alliance which is without a doubt good reason for the price increase too.

This news is true . I think it would increase more .

I still think Zcash is not finished its rise. Zcash bottom was at 0.025 BTC and almost every coin in Poloniex are at least 10x the value of their bottom.
There is a good chance that Zcash will go to above 0.2 BTC before it peaked off and crashed. Every coins are overvalued now and newbies will look to buy the coin which have not risen as much.

it is hard for zcash to raise as same as xrp because in the reality, it is totally insane to become 100% anonymous unless you are a hacker or someone who tries to do illegal things. ZEC will rise, but I think 0.5 will be the maximum price

Even though I do not like ZCash at all, you see what happens when banks/corporate get into coins at ETH and XRP.
They have the power to sell this stuff to Average Joe and make a killing themselves.

There is the possibility of ZCash being worth $1000 or way more.

It's like a hedge to real cryptocurrency projects.

I think Zcash is even more powerful than DASH, will hold it for long term

Zcash is the decent cryptocurrency this is not a high value. you should analyse the previous week value or previous month value.
All the cryptocurrency are down in past three days know only it will develop in the market. So now it is return to the last week value. This have high potential in market it will going to moon in few more days.

Actually, the Zcash is rising in the value because of the concept of the anonymity that can provide the user confirmation of his private key. That means that on their technology anonymity can be surpassed and the holder can prove he is the owner of a certain amount even if his identity isn't revealed in the end. It is a great concept and that made it suitable for the OpenBaazar which is listing it and allowing the promotion of this great altcoin.

Investors are seeing the opportunity because there are some functionalities that are even wider opened then the Bitcoin is. Also, the price is rising right now because the correction time has ended and new limitations in value can be surpassed.

It is the good investment right now if you want to double your profit!

I think Zcash's price should be better than Dash. But I can see that Zcash can not catch the necessary potential. I invested a big and I will not sell Zcash without the price of $ 1000.

Nothing big, this price is well deserved. Zcash fulfills an early promise of bitcoin technology - the ability to transact freely and privately with anyone in the world. It is the first cryptocurrency that provides the level of privacy users deserve and expect.

Zcash is one of the good coins, so I expect it to rise gradually in the long term. There might be crash due to the recent rise.

I fully agree with your words, but today it lacks innovations and of this even though it has enough quality to keep itself among the big ones, a formidable and honest project.

In the future when the issue of new ones can become stable, the Zcash rate will depend on the balance of supply and demand. The first of these parameters shows a steady growth due to the selling coins of the miners, but the second position remains uncertain. The volatility of the price, which goes hand in hand with speculation, creates opportunities for traders who invest in Zcash in an attempt to make a profit.

I agree with you on what you say. Anyway, Zcash proved how good his privacy is. Even Edward Snowden supports Zcash. I think this is more than enough to prove that he has given to secrecy.

Soon  Spectrecoin (XSPEC) price go up too, buy now

I thought the early promise was just to eliminate double spends and eliminate the need to trust a third party, in which case that early promise was already fulfilled by Bitcoin itself. Only a small minority of users demand the kind of privacy that Zcash and others promise. That promise hasn't actually been delivered yet, since we haven't really had people attempting to break them. If the FBi and Interpol try, and give up, then we can say that promise is fulfilled.

Correct. It hasn't done enough to differentiate or convince adoption, but we should give it time. I'm still on Monero though.

According to me, zcash is going to sell very well in the future when my goal is $ 3,000. I trust this coin. eth is a coin and the number is small. Follow well, my dear. ok my friend

Exactly thats why I'm still mining and keeping Zcash ,even when last time price go little bit down