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Contents of an internal memo from an investor in ZURCOIN (he works with the dev of ZURCOIN) - read into it what you like :) Could be interesting if this is to be a vintage POW turned into a POW-POS Blockchain with different mining consensus to the ones currently out there!

CMC entry: https://coinmarketcap.com/currencies/zurcoin/

Announcement (2013-Present): https://bitcointalk.org/index.php?topic=391806.0

Highlights                  
*Since the involvement of the M0NK3Y community in ZURCOIN, all indicators are up thousands of percent                   
*The average daily volume of the coin is up 88,648% from $37 to $33,000 average                   
*The average opening, high and closing price are up over 1200% and the the average low is up over 1100%                  
*Following the same line ZUR should hit $90.6m market cap by Dec 2018 (90c/ZUR) with volumes rising to $12m daily                  


White Paper Title: Making Work Fungible With Stake
Headline Points
•   The best example of POW around is Bitcoin; perhaps the best example of POS is Peercoin. Both are the first-of-their-kind assets. In the past 3-year period, bitcoin has risen around 2100% while Peercoin is up about 170% by comparison. Clearly, by making increases in supply so readily available so easily to holders of the coin, POS Blockchains ultimately undermine the value exponent of the utility factor in the coin.
•   ZURCOIN is a POW coin that has laid dormant for 4 years; after it was purchased in August over a period of around a week by a single purchaser with approximately $250,000 in funds, and by other buyers following suit, the coin came to be actively-traded and showed regular trading volumes
•   Despite the relative value erosion that wallet mining can cost a coin, there are certain advantages to it. POS mining is more efficient and it is also cleaner and easier for the user than POW mining since it takes place while the coin is stored inside a Blockchain wallet.
•   By converting ZURCOIN’s Blockchain into a combined POW/POS Blockchain the coin will achieve scale dominance at the same time as retaining its value during the second act of the coin’s growth trajectory, which is set to be very large.
•   The effect of a higher probability of use cases for ZURCOIN will make it more attractive to ICOs looking for funding as well as to miners who are seeking to profit from higher prices as a result of the coin’s more widespread use
•   Zucoin.org (under dev) will actively solicit and encourage ICOs to accept ZURCOIN as payment for the tokens. This will result in a positive feedback loop whereby a higher number of POS wallet miners will do so so that they can switch the currency at any of the gateways that offer ZUR-ZUS conversions (M0N3X will be the first of such gateways to offer this service, initially on a 1-for-1 basis for around 3% fees always received in ZURCOIN on the transaction regardless of the two is being bought or sold)
•   Despite the huge rise in the price of Bitcoin, there are signs that it may become less appealing to investors as an asset to be held in any quantity largely because of the deflationary tendency of the coin. As Bitcoin begins to deflate in increase of supply, so its price begins to rise at an exorbitant rate. The problem with this is that it has the net effect of exporting inflation onto the rest of the Cryptocurrency landscape. This is because while a high Bitcoin price is attractive for those holding presently who wish to sell, it is significantly more expensive to buy in any whole (or even for some, standard fractional) quantity. Multi-fractional purchases are not appealing psychologically to buyers either. Thus, we believe that ZURCOINS POW-POS fungible Blockchain may be the answer to the polar opposite, but equally problematic isses that Bitcoin and Peercoin suffer from.
•   In the case of ZURCOIN, following the trajectory of both Bitcoin and Peercoin would have resulted in a 1200% price rise over the last 3 years; these are standard high returns looked for by Crypto investors. Therefore we see this fungible dual-currency scenario as being a potential solution to overly-aggressive value return and overly-aggressive value erosion see in POW-POS assets.
•   If ZURCOIN was to rise by the the same amount next year as for the last 6 months, we would be looking at a $400 price per ZUR.
•   As with many vintage Cryptos, much of the supply is buried in long-forgotten wallets, producing an artificially lower supply quota than that advertised on Coin Market Cap. This will push the price tremendously now buyers have come to seek out the coin.

If this is actually going ahead, this is easily going to be one of the best performing coins next year. There aren't many of these around from the same time, and certainly not with POW devs who are doing hybrid converts (which do very well).

The fundamentals are rock solid.

Who's M0NKEY?

Agree - would be massive. Especially with the plans to use the coin in ICOs. In my view there will be a lot more of these coming up too, especially with Bitcoin rising now.

M0NK3Y is the hedge fund (Crypto focused) who bought into ZUR earlier in the year. You can find the fund manager's Telegram group here: https://t.me/joinchat/GqK_0g3mN5XKm35kecAZlw

The link isn’t working. New link?

That may be a broken invite link. Apologies. Try this it should work fine: https://t.me/gameoftokens

It seems that this coin got some attention back in August from the Crypto press:

https://coincurrencynews.com/2017/08/05/altcoins-rebound-zur-coin-leads/


I can only guess that this is the same time when the fund was buying it up. I have heard of a few of these incidences this year where funds have literally come in and taken up to 20-25% supply mostly trying to game the BTC / ETH effect. So far, these Crypto have worked out very well I think, simply 'cause the funds are NEARLY ALWAYS long term holders and investors keep coming after a certain point, when the coin cannot go down any more.

With $25k on the buy side already and what appears to be a limited sell side this could well be one of those coins. Some of these will go on to be the next round of BTC. They have just as good, if not better a chance as ICOs to be honest.

Nice find!

That's right. They bought it up to 2000 sats. If you want to buy any substantial amount of a coin that is sitting on exchange for 4 years it's probably min. $1,000,000 these days with BTC prices where they are now, so the purported $100k-$250k buy up was clearly a shrewd move. The intention is explicitly stated in the info on the post: now the focus is on to updating the Blockchain with POS and Master Nodes I assume, which will give it more mining utility via the POS extension. Then promote it as a sort of alternate possible BTC to the ICO community. That makes a lot of sense. In fact it is not impossible that it may well turn out to be one of the most profitable trades in Crypto!

Certainly looks like the media is picking up on this now: https://coincurrencynews.com/2017/12/07/zurcoin-and-monkey-team-up/ and up 60% today! So this is a new Bitcoin, basically. Just wait for BTC FOMO to kick in lol

It's the same mafia as the Bitcoin mafia behind this.

From: https://coincurrencynews.com/2017/12/07/zurcoin-and-monkey-team-up/

Highlights
*Since the involvement of the M0NK3Y community in ZURCOIN, all indicators are up
thousands of percent
*The average daily volume of the coin is up 88,648% from $37 to $33,000 average
*The average opening, high and closing price are up over 1200% and the the average low is
up over 1100%
*Following the same line ZUR should hit $90.6m market cap by Dec 2018 (90c/ZUR) with
volumes rising to $12m daily

Seems like the same crew. Interesting. So what, they are trying to make a new BTC?

Yeah, because Bitcoin is getting much higher and they have all this excess cash. But also they wanna do one with a POS-function on it, but not so dillutive you get all this shitcoin mining bashing the price, basically. ZURCOIN is an obvious one for this.

Yes that makes total sense now.

Could be good alt play.  More info?  Dev link?

ANN: https://bitcointalk.org/index.php?topic=391806.0 and you can try the guy's telegram (one who did the WP): https://t.me/gameoftokens

The WP is available in that room I think or you can try here: https://t.me/danielmarkharrison in the channel.

From the WP:

It is clearly established that bitcoin is exporting massive price deflation across the Crypto landscape. At the same time, few digital assets have laid uninterfered-with for sufficient time to build a deep and wide network without being overly-centralised in the way that Kolin Evans pointed out had happened in the case of Bitcoin (indeed this is a major part of the reason for the Bitcoin price deflation effects now). Zurcoin offers the Crypto world not just a second chance at an uninterrupted Bitcoin-type price escalation, but a clear and profound opportunity at the same time for the market to recorrect back to one whereby altcoins are fluidly traded against inflationary assets that simulate the overall price direction of the market.  Bitcoin’s underpinning of the market will enable the somewhat higher degree of flexibility that Zurcoin will require as it improves and continued to expand among increasing numbers of alternate pair exchanges across the trading landscape.

About says it all.

Agree completely with you. It is one of the most interesting WPs I've read in a long long time to be honest. Wonder how many other late-starters there are now coming up? May be an idea to revisit Quark too.

Can provide more info on revisit Quark in current crypto context?  What relevancy?

And where can we buy this coin? The only two exchanges are yobit and novaexchange and both are scams probably.

Yah, Yobit ain't the best solution in the world. The Crypto is shortly moving to Cryptopia but at that point it's probably already double the price. It's one of those classic "do I do it now or wait till later with a better exchange?" scenarios. I bought about 1 btc worth off Yobit and transferred out to cold storage without a problem, though.

The primary effect that Yobit seems to be having on this coin is selling a ton load of it that they don't actually have meaning they are constantly rebuying it. This will fly when it is on Cryptopia since there simply isn't the kind of supply for sale at this price that Yobit would have you believe.

This is covered quite extensively in the WP.

What kind of wallet do you own?

You are gonna need one of these ones:


Linux http://zur.dream.org.il/client/zur-0.10.5-linux64.tar.gz
OSX http://zur.dream.org.il/client/zur-0.10.5-osx-unsigned.dmg
Windows http://zur.dream.org.il/client/zur-0.10.5-win64.zip

Ok, finance guys picking up Zur for broader listing (and maybe other stuff from their recent announcement ?).  On new exchanges in early 2018?

What kind of wallet do you own?
[/quote]You are gonna need one of these ones:


Linux http://zur.dream.org.il/client/zur-0.10.5-linux64.tar.gz
OSX http://zur.dream.org.il/client/zur-0.10.5-osx-unsigned.dmg
Windows http://zur.dream.org.il/client/zur-0.10.5-win64.zip
[/quote]

Thanks for that. I downloaded it and worked fine,took 5 or so hours to sync and made a transfer from Yobit and it worked perfectly although took a few hours.

No. If you read the WP what he is saying is that the finance guys are picking up BTC and as a result the BTC price is unaffordable for guys like you and I - ordinary Crypto guys. So what are we gonna do? Create a new BTC. His argument is that ZUR is a good contender as a) it's an old, untouched Blockchain (no pumps etc.) and b) that its distribution is more equitable since it was part-modelled after quark. It is a thoughtful argument captured more sensationally in their video which is in their Telegram group: https://youtu.be/ZQM4asbIyWs

... also yes, sorry; there is the implication that they are going to new exchanges very soon. That's part of the effect that is ascribed to Zurcoin becoming more widely adopted now, too.

Yah; the transactions are actually pretty immediate but for some reason Yobit has a long time delay if you are buying in any kind of size very often. That said, you always get your coins safely delivered into the wallet from them so I can't complain there. The 10.5 Client is actually pretty good.

Looks like this thing is kinda building on itself. Great thing about this trade is if BTC moves up high it pulls up ZUR but ZUR is still disconnected enough as an alt to have independence from BTC direction. The sense behind the trade is definitely there.

I don't understand why the Zurcoin "Dev" Team can't buy a domain.


Why wixsite? :/

I think they are in the process of getting that all developed. The guy said in Telegram something like it would be ready start of the week. Whoop whoop!

They are. It's around Wednesday; I asked the dev. They are making some changes to the WP as well now. Here is the new roadmap which was published earlier by the coin's largest investor:

•   Q4 2017: List on Cryptopia, Update White Paper and Website

•   Q1 2018: Hard Fork of Zurcoin and cut supply with a 1-for-100 reverse coin split; thus 870,000 Supply + 250,000 premined coins + up to 1.49m coins mineable via POS and via POW (POS: 100 coins per node is mineable). Total Supply: 1.49m Zurcoin.

•   Q2 2018: Undertake Secondary Coin Offering (SCO) of the 250,000 premined Zurcoin produced in the fork and begin development of Counterparty application on the protocol

•   Q3 2018: List Zurcoin on 3x more exchanges (target Binance, Bittrex & HitBTC) and finish development of Counterparty application on the protocol

•   Q4 2018: Engage ICOs in the process of accepting Zurcoin as means of payment and as value storage

•   Q1 2019: Begin to enlist Zurcoin as a trading pair on Alternate Pair Exchanges (APEs)

I heard the name for the first time but it is an interesting project.  The road map is very ideal.

ZURCOIN is a scam inveted by markharrison. Just search in google for monkey capital. This guy has stolen tons of bitcoins from the poeple, he was dumping his own coins and told people that he was just letting people buy, then he exit scammed.

Dude. SERIOUSLY. (Seriously?)

I'm not sure if you have got the wrong coin but check your facts and you will find Zurcoin is a coin developed by Shai: https://bitcointalk.org/index.php?topic=391806.0. It is 4 years old. He is from Israel and nothing to do with any other Crypto except Zurcoin. Some of the community from the ICO project you are referring to are invested in Zurcoin too, but that is fine - anyone can invest in a coin.

Please get your facts right and do not arbitrarily disrespect someone's Crypto without proper research. We used to ban this sort of thing on Bitcointalk years ago as well btw (Not sure if that is still the case but the point sticks - do your research first. This is a different dev)

Ya the Road Map was much better organised than I expected I gotta say.

Noob.

lol, he's right. It was a pump and dump scam coin, just like all the other Monkey Craptial crap coins. Just Google Monkey Capital and Daniel M Harrison and look at all the complaints about this scam project. If you buy Zur, he'll dump it.

Reported.

It seems like an attemt to pump an old coin to make profit. Anything Monkey Craptial is involved in is a red flag.

A picture says more than thousand words


https://i.imgur.com/lxOXxlo.png

Right. You mean to say that he purchased $250,000 of Zurcoin to dump it at a lower price? That makes a lot of sense. Of course when you buy up a coin after 3.5 years of non-trading status it will fall as all the miners will begin selling to you. You need some Crypto education, buddy. Some of us have been here a lot longer than since 2017, you know. You, like many other ICO-era babies, unfortunately know very little about POW and how POW traded coins work. Worth studying up on and it will make you a few $$$. Honestly, there is life apart from these ERC20 shittokens you've got in your wallet.

Love the roadmap. Awesome, thanks for sharing!

The coin rises commensurately with BTC. BTC is moving back into the green after falling back over the weekend. Simply, this is an easy way to harness more out of BTC.

Right on the money once again. It's up another 50% or so now.

It correlates with BTC at the moment very tightly but also with the strength of the alt market too. For this environment it doesn't really get a lot easier to pick; let's see how BTC plays out though in the forthcoming weeks. I think there is a massive fall about 20th Dec. ZUR should have disconnected from BTC somewhat by then but we will have to see - nothing can be ruled out when the giant tumbles!

... well, nice call. Glad I listened to you.

Up over 200% on this already and it hasn't even been a week! Not bad at all!

I found this article in the New Zealand Heard about Crypto’s and it had referenced Zurcoin.
http://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=11946662

There is a few like that recently. I heard more is coming out later this week too.

Thing coin has gotta have had more up days than any apart from BTC in the last week! GO ZUR!

... and another 50% today ... ;D ;D

Yah, it is really in lift-off now ahead of that CoinTelegraph article they are all talking about, that's why.

I have seen a lot about it in various ICO rooms being adopted as ICO currency last few days. That may be it too.

It is clearly pumping now and once it gets to that tipping point where the last high was in August then at that point it is just going to explode, maybe all the way up to a dollar would be my guess.

Here for more: https://bitcointalk.org/index.php?topic=391806.msg26295248#msg26295248

Re: [ANN] Zurcoin - quark mining algo. - 3+ years old - Update Version 0.10.5.1

It seems suddenly everyone is talking about Zurcoin! I think partly the pumping of the coin lately has been a mix of factors: a) devs getting the project into serious overdrive with lots of plans B) BTC price pumping up so people looking for their "next BTC" opportunity (no better example than Zurcoin really there to be fair) and c) there are mostly only rubbish ICOs about today and not really any authentic Crypto, at least not like it used to be - Zurcoin holds appeal for people who just want to buy Crypto. Because Crypto is not manipulated by the the "management" of a business like in an ICO, there are a good deal of whales and the like who contend that it's really the only way to get a sustainable return on Blockchain. But that is a matter of opinion. Either way it is those 3 reasons I think, added to the fact that it is 4 years old and RIDICULOUSLY CHEAP that are making so many FOMO and buy now.

I think there is quite a lot of publicity coming out from what I hear, and the coin has already been mentioned in the NZ Herald, various Crypto news outlets etc. Someone muttered something about a CoinTelegraph feature coming up the other day which may boost the price a lot; that is an ico publication essentially with millions of dollars of buyers - just a tiny fraction of that money would send ZUR up to well over $1.

The team so I hear are talking to a number of ICOs about accepting the coin for funding, which would give it massive utility (that is partly if not mainly how BTC rose throughout this year) and also they are going to pair Zurcoin with other currencies on alternate pair exchanges. There was a draft of the WP floating around somewhere although I am not sure where it is now. It will be on the site when the site re-launch happens which I heard was sometime in the near future.

Wonderful coin. there really isn't any better buy in Crypto out there now. I am already up to 1 million coins and still accumulating every single day.

LMAO dude what's wrong with you?