Bitcoin Forum

Look the chart, what do you think about?

Zcash is a known cryptocurrency to me. I wanted to buy it yesrs ago but i have never got oppourtunity to buy or trade with it.i just wonder about its manipulation level, ath was around $3.2k then dump st $200$ something within 1days.but i check its chart recently.it has shown positive impact of crypto hype.it has done well for last 1year, even almost doubt within month.i still think positive about zcash as before

is there any good news about this coin? i looked at zcash in a few days and there was a nice increase in price and i also remember in 2016 zcash it cost over $ 3k, i still hold these coins but only a few and i hope zcash has its proper place.

here is the latest updates from zcash blog
https://www.zfnd.org/blog/zcash-community-call-our-thoughts-on-halo
and for me zcash is a good altcoins project, so, i'm sure the price will growing soon or later

Zcash is one of the privacy coins that's very known. But with the things that's chasing the privacy coins, you might feel discomfort on it. Yet if you still believe on the power of the privacy coins then hold any of them. It's still one of the top coins.
The chart is showing that it's just going up, and it could be dropping any moment from now. It's only my opinion.

Well is pumping hard I think it started around 81 and now 110 so basically I won't want to get in right except there is some kinda bull run from btc or eth

We don't know the reason why they are pumping up.
Are they preparing for something or just organic increase?
As there are some issues involved with privacy coins right now, better prepare yourself if you are a holder.
Some exchanges are already delisting privacy coins. So better keep your eyes open with this one.

TradingBeasts says Zcash will be able to reach $90 by December 2021, while the minimum price will be slightly above $55 (January 2021).

The reason is just the same as bitcoin pumps. The alts are also pumping just like the old days. That's the reason. IMHO, it's an organic increase for which we usually see when we see bitcoin is also pumping.
What you've mentioned is one risk for privacy coin investors.

One of my fav coins so far but until exchanges are not decentralized I will only keep my eye on it

The thing about ZCash is that Bitcoin pump spoil the halving party for ZCash but I still believe it will have its own time to shine, I just don't know when. The fundamentals about ZCash is still very strong and with the Privacy narrative coming back, expect it to pump like crazy when people start buying into Privacy narrative again

I think Zcash promise hasn't been fully fulfilled, maybe the second halving will be much better. however on some exchanges Zcash did not run completely smoothly. as a crypto with huge potential like Zcash, it has had to make some team changes. to add to the breakthrough power this year and the years to come. The Zcash continuity was just getting started. and I believe Zcash will be in an ideal position from this year.

The team of zcash must have the initiative to build its own decentralized exchange site to prevent the same thing will be happening again to another exchange site after bittrex.
Decentralized exchange site is not only the solution but creating the wrapped service for ZCASH could be another solution for that problem.

It's started to go down again.