Bitcoin Forum

Do you think there is room for two currencies to grow in demand, shrink in supply exponentially? Will they cut into each other's market share?

Bitcoin has been proven and can be divided into tiny fractions, given the fact it is working it seems a safe bet for the future. It has failures, though. From an economic standpoint, if zcash replaces it in underground markets, will bitcoins legal uses keep its demand high? Will it continue to grow from speculation?

 Bitcoin isn't private, tumbling it has huge risks and the end user has lots of security demands to remain anonymous. It may not be the best for underground uses whcih may have an economic impact. zcash is bitcoin but with its flaws ironed out.I do suspect it will grow like bitcoin but I'm interested in the dynamics.

Thoughts?

Shitcoin after shitcoin will come and go but a few will actually solve some issues people have with bitcoin, namely the anonymity. There are lots of other currencies that are anonymous so I don't see why you're focused on zcash, unless this is just a poor attempt to advertise it.

I have no connection to zcash so no advertisement. It's truly anonymous, Moreno isn't. It isn't centrally controlled, so no buy and dump junk like ethereum. It uses bitcoin's scarcity algorithm. It has the most potential because the dark net is anticipating it. I think it has what it takes, I may be wrong but if I'm right, it will grow exponentially in value like bitcoin, something that unlimited currencies can't do.

 Oh and very importantly, zcash is memory dependent. It would take a technological innovation to take the mining away from GPU miners. Pushing out the small miners might threaten bitcoin in the long run. At the moment, mining alt currencies and getting paid in bitcoin is the only way most people can.

is not compatible compare, all people always choose bitcoin is compare zcash
if compare same Manchester united met football club division IV is can't compare

if compare good coin, ethereum , litecoin is bitcoin still above, only zcash only smile

Yes. Its possible that two or more currencies to grow on demand. Thats depends on the support and demand of a particular crypto. Bitcoin is the most outstanding cryptocurrency in the world. Its still has no competition. Zcash is a good alt but the support is quite lower than bitcoin. Only time will tell if this coin could be a good rival of bitcoin.

Stability depends on how long it has exist in a progressive manner, bitcoin has that, we have been into crisis but still we are here and seeing the price now would pay off our effort and the amount we risk to invest and support bitcoin. The competition is only among the altcoins themselves, but not with bitcoin, it's very strong and we have witness many times how the price of altcoins will fall once the pump of bitcoin starts.

Of course I choose bitcoin than zcash bitcoin has large marketcap,
 zcash just has a little marketcap.
I don't have reason for choose copycat coin like zcash
and premine 20% of zcash for the developer is high amount.
They can dump zcash anytime until there is no price.

Look at the polo charts and how will worth zcash soon? The current price of zcash is apparently down and it's mean it's the shit coin. and it can't be comparing with bitcoin.

At first I thought that zCash will has the chance to replace bitcoin because a lot of advertisers and blogs that are advertising it.

And I may seemed to be brain washed with their type of advertisement but now I realized that original will always be the best.

Go for bitcoin!

Altcoin can't replace Bitcoin. We have know altcoin (alternative coin) that's just an alternative, so everything that called "alternative" can't replace the main one (Bitcoin). Even blogs keep adveritisng zcash, it doesn't mean zcash is a main hero (instead it just a shit coin).

No DM will accept this due to the Trusted Setup. In crypto, you should only have to trust math, not people. The Zcash team says it executed the trusted setup without any funny business, but how do we know for sure? The best answer is "because they said so" and that's a terrible answer. It can't be independently verified, and therefore can't be trusted.

Even if zcash is the version of bitcoin with its flaws ironed out I will still prefer bitcoins. Zcash cannot replace bitcoins in the market, bitcoin has already made a name for itself and it has become the most used and most trusted cryptocurrency online. While zcash developers have made a fault during its launch when they made a super hype to the price of zcash. With that event many are doubting this coin.

Every cryptocurrency will come and go .but no one will be able to match the potential of bitcoins like it is today .with more and more bitcoin users increasing day by day it is quite impossible for the other cryptocurrency to be such promising like bitcoins .on the other hand in deep web also bitcoin is most widely and in legal markets also.

Several currencies have been existing regularly, and very few are lasting long getting the trust of the people around the world. In such a scenario bitcoin will be the one to be the worthiest and zcash recently had a big pump but will not last longer.

i am sure that i will choose bitcoin than zcash because zcash is new crypto currency and if its a good coin, then it should need more time to proof it in future. and bitcoin as the mother of crypto currency is always be the best although for now the price is down, but still its the best and always be.

There is no Altcoins out there you can compare to BTC at the moment unless ypu are a speculator. Zcash price would continue the downward trend for the next two years, I don't see what would move the price high unless a Dark market adopt it.

A lot of people in this forum say that Zcash is a scam. I dont know much about it and I have done some googling about it and have found out that they have a solid team behind it. Are those people only trying to cause fear, uncertainty and doubt?

It does look overpriced. I might buy some at single digit values.

your real question should be zcash or monero, since they share the same features, and are both very anonymous, bitcoin has nothing to do with them it's the king, altcoin are just a testnet to make bitcoin better int he future

zcash currently should have a stronger anonymity because it's based on zero-knowledge proof, while monero on ring signature, but monero have a stronger market in the deep web, it's more accepted

Bitcoin has been proven already to be a good long term investment while ZCash is just new altcoins, which is better? Of course we should go with a more stable one, and that is bitcoin. Zcash still has so much to prove, it is not the value that is the basis but most important is the trust of the people.

Comparing the two will not be the absolute right thing to do in my own opinion although their algorithm or infrastructure that they are both backed with as being illustrated by op but while op has been with us for a long while and have come to be accepted by the generality of people in the crypto-world unlike Zcash that is just trying to find a feet in this world but hopefully the dream of the developers can be achieved but its going to be a going process...

Zcash will bow to Bitcoin any day because they failed to address the problems or limitations of Bitcoin and why would I throw away the original for a replica? Mind you most of these Altcoins are a fork of Bitcoin core.

I guess if there were some other coin that will replace bitcoin out there, it wouldn't be zcash. Do not suspect that it will even grow like bitcoin. It is really possible that there would be another currency to grow in demand that would go on par with bitcoin or dethrone it, but it wouldn't be zcash I repeat again since even if it is good to use and it offers anonymity, there are many more currencies out there better than it that I think might go on par with bitcoin.

I do not think that these two currencies will work together without any problem. With that establishment there will be a lot of economic issues to us. By the way it is not possible for zcash that it increase u to the level that it replace bitcoin or stan the same as bitcoin because it is only the traders who are relying on zcash for their profit while not much market is adopting it for ther business.

Certainly, it is not right to compare zcash to bitcoin because they have really huge difference. Bitcoin was already accepted in the market. It can be use wether legal or illegal. Although they both have that security features which is great, Bitcoin will be still be used because it is trusted coin that keeps the anonymity of its users. However, I think in the future, zcash can take over Bitcoin if it can survive market problems which Bitcon had already done.

What did I just read ? You okay pal?
Why would bitcoins and zcash work together ? Did satoshi secretly started a joint venture or something ? Not that I'm aware of,at-least their github doesn't say that.And Yeah I like stan.

Asking this question is like choosing between a sport car and a bike. This is such a "common sense" kind of question. Of course, most of us will choose bitcoin since it is stable and bitcoin already prove that it is a great kind of investment which can give a lot of benefit for us, One of them are profit and security. Zcash is just like a waste for me since it just a kind of hype and i'm not interested to risk my money or bitcoins on that altcoin.

well believe it or not majority of people who are using cryptocurrencies are not looking for using them in underground dark corners of the internet!
it has always been mostly for investment and then for a decentralized cash that they can use online without the hassle of the banks.

and bitcoin offers more than enough privacy and anonymity to all these users. and none of them even have to use a mixer, or even if they do they reach a higher level of privacy without any problems.

Whatever altcoin will come or be invented I would not change bitcoin for anything else so I would choose bitcoin instead of Zcash.

Zcash is a new coin, maybe has a good potential to grow since they seems to be more anonymous than bitcoin, same with monero.

I agree with bro. I trust bitcoin and many people also trust . zcash is new altcoin and little market only while bitcoin have large market now. Yes is not the value the trust of many people is the very important of that. Bitcoin have proven and zcash will starter only a little month I think correct me if I'm wrong .  bitcoin is the original it cannot replace it for long time .  Bitcoin will become popular everyear and many countries accept the bitcoin. So please don't compare the bitcoin to zcash.

obviously bitcoin and i have simple reason why i choose bitcoin because bitcoin has proof that could live more than 7 years and Zcash even still not reach for 1 year after launched and if you save bitcoin and Zcash for next 5 years then which coin would more valuable and i think majority answers will says bitcoin more valuable

Shall not forget that many solutions are developing to make completely anonymous Bitcoin which will allow competitions like Dash and Monero. And is only a matter of months or years. You need a consensus, what's going to be complicated for Bitcoin.
Where are Segwit? ;)

There is no place for fully anonymous coin with integrated tumbler. Authorities can't and won't allow that.
Ponder for a while, what is, or should be the main goal of every cryptocurrency? That is right, to be used by larger number of people.
Total adoption, filling out the niche, what niche will Zcash fill? It will be great tool if you want to buy something from dark market.
I am afraid that zcash adoption will be hindered and eventually stopped by legal issues. Just wait for it.
There is no need to touch zcash now as the coin with 21 million market cap is insignificant.

I was thinking about, Bitcoin vs Zcash, the Original vs Copy cat. We already know that zcash is a copy cat of bitcoin. And of course, I still go for bitcoin has been  established  for so many  years, compare to zcash, and the communities and the advertising company adopting it too. Meaning,  Bitcoin is much more stronger than it.

Bitcoin is the obvious choice people, there aren't any argument; it's more stable and versatile than its fork which is the Zcash which sort to address some of Bitcoins challenges but failed miserably. I doubt if we were to organize a poll as to what to invest in for a year anybody would choose Zcash ahead of Bitcoin, never!

Really how can be bitcoin even equal to Zcash. Nothing can be compare to bitcoin not any Altcoin or any other service. Such attempts wont even make this shitcoins popular rather people will feel pity for zcash or any other coins as everyone knows nothing in cryptoworld is comparable to bitcoins.

Bitcoin will always be the best choice in crypto currency. It will always be the conqueror because will always choose bitcoin instead of other coins. If we are going to base the coin marketcap. Its obvious that bitcoin is the leading among other altcoins such as zcash.

Still choose bitcoin, zcash offered a good feature but it still in a very unstable condition, and there are not a lot of user using it, so i will wait until it more stable and then maybe i will try to used, but for now i choose bitcoin and will only invested in bitcoin

Come on man zcash is new currency it's not even a year old. Even though it may claim to have better features than bitcoin but how can you trust it , there are so many coins coming daily and they end uo scamming people like the recent case of one coin. Even though many people mine it and are getting good results but I don't trust the currency and also you are comparing it with the best one out there which makes no sense.

Anonymous coins are ideal for everyone, not just for those on the dark markets. For example, if you pay your landlord in BTC, they can see how much BTC that account has, and if there's a large amount, they could think you could afford to pay more rent, and charge you more rent. This happens now when landlords require a paystub. If you make more, they charge you more. Or if you used BTC to give money to a charity or to a political cause, that could be used against you by your employer, acquaintances, etc.

WIth Monero, there is no risk in any of those cases since it's private and transaction amounts are not visible on the blockchain. The amount of money you have, and who you choose to give it to is also private.

Additionally, BTC has fungibility problems that can't go away. This means that some BTC is not worth what other BTC is. Coinbase and other exchanges have denied or even frozen BTC since those BTC were used in the past for purposed deemed by them to be unacceptable. Now those coins are worth less than others. Andreas Antonopoulos, a former Bitcoin Core developer, acknowledges the Bitcoin fungibility problem in a YouTube video: https://www.youtube.com/watch?v=ak1iojpiHpM&feature=youtu.be&t=33m9s  Since Monero is completely private, it is completely fungible. This scenario can't happen with Monero.

Private money is in everyone's best interest. BTC is great for businesses where transparency is either desired or required. But for personal use, I don't want people with access to the blockchain (everyone) to see where or how I spend money or how much (or little) money I have.

Thats a good point. What is better for you? Is it Zcash or Monero? I have no deep knowledge with the technology behind them and I want to know which one is better for anonymity. Is it ring signatures or zero knowledge proof? Please kindly explain each of them and how they anonymize transactions briefly.

Yes, there is room for two currencies to grow in demand, shrink in supply exponentially. But alternative of Bitcoin is not Zcash. Zcash is a miners pump and dump coin and nobody will remember the name 4-5 years later. If you put an alternative try choosing a real one like Monero. Monero offer something real, Zcash don't. Bitcoin is still the leading cryptocurrency and it forever will be. That's why other coins called "alternative", they are Bitcoin's alternatives.

@Pinkflower Monero is less private, the network keeps a record of every transaction ever made. So if authorities seize a wallet they can see every transaction in history. Not NSA safe for sure. The user is anonymous until they get proof linking them to the wallet, then they're screwed. Zcash makes it impossible to track, they have a way of tracking the money and preventing counterfeiting that doesn't depend on tracking spending, at leat not for the encrypted wallets. You can also have a transparent wallet that is public record.

@ingiltere What does Monero offer? A hard split if they want to offer as much as zcash.


Their goal is less volatility. They want to currency to be more stable so it is being eased down to market value. Zcash is declining in price because it's supposed to. The developers have talked about two implementation strategies. A slow start, keeps miners from getting massive amounts of coins early. That was to prevent a dump. The second was to keep demand in check. They have intentionally kept the crappy Linux wallet system to limit access to the coin. They have said there will be GUI wallets for all platforms in the future. As long as the market share keeps growing over time and volume goes up, it's potential remains. When the wallets become easy, demand for the coin will spike and the darknet will most likely adopt the coin. There are many reasons to favor zcash, when people reference zcash technology to promote their own coin, it plants in the psyche that zcash is the standard.

The biggest threat I see to bitcoin are ASIC miners. They are centralizing the coins, if people are excluded they won't be a part of the market, then the only way is down. So be wary of any ASIC mined coin in the long run.



http://www.coindesk.com/the-structure-and-valuation-of-zcash-vs-bitcoin/

you know what solves the problem of bitcoin,ethereum and zcash?

tezos... google it

this will probably be the last cryptocurrency standing

though it'll take years to beat eth and btc

You're right, we have access to BTC through altcoins. Still leaves the market open to manipulation as currency is concentrated. But if I can get rich off of someone else's manipulation, I'm all for it.

Agree that no one crypto currency can compete with bitcoin, I do not understand why he was trying to compare zcash with bitcoin while eth looks more potential but until this day still can not compete with bitcoin.

Eth is unlimited supply is it not? Can't deflate, only inflate.

it's not unlimited it's around 88 millions, you have a deflationary system like bitcoin but etheruem will go pos they said, but still not sure, but would make etheruem less appealing than zcash and can probably lose some position in marketcap against zcash and more against bitcoin

zcash without bitcoin is die, because nothing exchanger support trade zcash to fiat money
bitcoin without zcash no problem, zcash not important , bitcoin not need zcash, but zcash always need bitcoin

Whatever you will invent, being supposedly the Bitcoin killer, it will never surpass Bitcoin. ZCash can at best stay a little toy if it not totally disappear.

I'm willing to bet some currency will not need bitcoin soon. Might not be zcash but bitcoin will not be king forever.

Almost all altcoins need bitcoin, cuz only few can be exchanged to fiat. Dont know for lical ones but major are like this.

Bitcoin is 8.5 years old, most other currencies are new. Most will fail and only a few will be truly profitable. But the winners will most likely be able to change to fiat soon. Any coin that shows growth and stability will likely achieve fungibility.

The price was always blown out of proportion with the initial boom and the marketing they had prior to the release and it was obvious that the price would come down for Zcash and more people are using it to mine and dump it in the market at the moment .I wont call it a shit coin because if you really want anonymous transaction then you can use it.

Well it seems OP is all in for zcash :), anyway I do think both currency can exist hand in hand, depend on the purpose of the people.  As one of the earlier post said, we don't want the world to see how much is our wealth,do we?  So i guess anonymous coin have their purpose and and so bitcoin is :)

I'm buying Monero and Dash as well just to be safe,I also plan on having a few btc before next halving, but I'm mostly mining zcash because I think its advantages will win out in the end. Remember, bitcoin was $0.20 before the Silk Road, don't forget how it got where it is now.

I think the initial distribution and the fee that the miners have to pay are a big problem for serious investors. However, if they have a technology capable of outperforming other cryptocurrencies in terms of fungibility, there will probably be demand. The problem is that not even people working on the currency development know how to clarify how this technology works.

You have to realize that while Bitcoin is at the point where it is now, it got to that way by essentially just being the first crypto to ever really grow because anyone and everyone could take part in it.

Having altcoins as safeguards definitely isn't an issue, however don't expect one to grow like Bitcoin ever again.

I don't expect any crypto to ever start at an immeasurably small value and then become worth a fortune, but bitcoin opened a new market. In 2015 there was 3.2 billion people on the internet, I could guess cryptos are still below 100 million. Since it is money, it will most likely continue to grow. It can stay niche and become huge though. I expect a LOT more growth than is already happened. If you're in now, you are stil an early adopter.

Well it depends on the demand really. Right now the most accepted cryptocurrency is Bitcoin, and I mean it only shows us it has a low popularity. And Zcash however I can't see anything as of now that it is being accepted as a form of payment. Well for me it can only be one Cryptocurrency to be accepted in the market and Bitcoin is currently leading that.

Yeah, i will choose bitcoin too because it has a lot of supporter and trading volume is very huge and stable unlike zcash that the price was very volatile and has low supporter, because of that, it maybe collapse anytime and it is very risky to invest

+1 for bitcoin. Zcash was born yesterday. :)

Yeah, zcash will gain his momentum but you must be patience for some years later. With the early mine and supply is always increase every time and it makes me difficult to determining the future of zcash.

Yeah, bitcoin. To me,  any altcoin will be not pass the price of bitcoin. Certain altcoins become popular during certain periods.
Litecoin was a very popular period. Now zcash is very popular. But when the prices of the altcoins increase, the price will increase in proportion to the bitcoin.

That's why my thinking is in the direction of bitcoin.

Still I am for BTC or bitcoin. Though Zcash is gaining  base supports,still bitcoin is number 1 and it has already proven to us its worth,purpose and reliability. Zcash has more challenges to hurdle to prove itself but it is worth a try.

What reason do you think will both Zcash and Monero can co exist in a very competitive market?

On another note. Are both cryptocurrencies scalable? I read about both and checked out their websites and I found out that in Monero, it doesnt and will not scale because the blocks are bigger than BTC's blocks. The same case may also be for Zcash.

Yeah. And bitcoin is well established rather than any coins,  like zcash or monero. Im still with bitcoins because I found it convenient to use because there are many companies are now accepting it. And when it comes to reputation, I think bitcoin has an edge between the two.

I really doubt that zcash will ever replace bitcoin as the cryptocurrency king and it will never dethrone it since bitcoin is more trusted than any of the altcoins out there who are reputable and zcash is not one of those reputable coins so I cannot see why it will dethrone bitcoin unless it got famous and attracted all bitcoin users all over the world. The chance of it happening is probably low though.

Actually I have no idea on zcash or even how much its price. It simply means that it is not very well known. For me, bitcoin crypto more popular compare to others  with higher value-priced and known worldwide.

I see some of you are young. In the 90's it appeared Microsoft would be king forever, now they are losing market share every gear. Before that, Xerox, most of you dont know who that is. Bitcoin may yet make you rich, but you'll see how time erodes those that cant adapt.

So you think that zcash will replace bitcoin? Everything can happen but I doubt that something similar could happen. Bitcoin for now is way far zcash because the community of bitcoin is parger.

Unlike bitcoin, zcash market movement is price deflation. Its price is always going down as the number of coins is increasing from mining. Bitcoin on the other hand is more likely to keep on price inflation. We have witnessed how it increased in value over the years since 2009. There are no more reason why we should choose bitcoin over zcash but its just that bitcoin is simply the best and even history has been a witness to that.

Skiped this one. Like more some others monero or dash and eather.
Bitcoin is and always will be prime.

Bitcoin, had been the king, and still the king, and will always be the king.  The currency that will beat Bitcoin had never been created. So I guess it would be better if someone starts creating lots of Coins in order to beat Bitcoin, who knows maybe one of those that will be created will beat bitcoin someday :).

The only use of Zcash at the moment is trading and other than that i did not find any valid use and if you are miner you can make some money since it is a new coin,they have to build casino's that start accepting Zcash ,you really cannot compare bitcoin with Zcash.

They have on their faq that they have no plans to make any wallets other than the crappy linux wallet. They will depend on the community for that. There still isn't any windows wallet that is sure to be virus free. The good news for people betting on Zcash is there are two hardware wallets that support it while 0 that support Monero. Ledger Nano S supports Z type private wallet and Trezor supports Zcash and Dash now. So Hardware developers have placed zcash as higher priority than most cryptos. I'm just wondering why such a pro developer team won't make some damn wallets.

maybe with the adoption of the two most popular hardware wallets, we can start seeing it spent or traded directly. Bitcoin is losing its place already as the entry point for cash to crypto, Tether is rising fast as a stable storage and entry point to the crypto market. Now if we could just get some damn credit card purchases.

Zcash still can't compete with bitcoin, the volume transaction and the amount of user still far away from bitcoin and then the trust level for zcash still too low, from the feature zcash is one of the potential coin to grow but to beat bitcoin and for user to invest in zcash still a difficult things to do, so zcash still need time to grow

I do think in 10-15 years any high performing coin today has the potential to rise higher than bitcoin. Both cutting into its market share and coexisting with bitcoin. However, when I wrote the title of this thread, I asked zcash or bitcoin to hold. What's the opinion of exponential potential? Zcash is under $22 million and bitcoin is ever$16 billion, yeah it's not an immediate threat. Zcash has some immediate threat to remain relevant before people begin to dismiss it. The developers need to start working on wallets and pushing for implementation, this passive tactic isn't working.

I do not see why anyone would be interested in zcash. The developers/investors/etc have taken way too much coin, I heard it's between 10-20% for themselves? No serious investor is going to be interested in zcash with economics like that. Besides that, it has a smaller market cap than the other 2 anonymous-leaning currencies, dash and monero. If zcash does have any privacy benefit, monero or dash can hard fork and end its only advantage.

I think yes, he is thinking that zcash will replace bitcoin
and I am doubt too it will happens because zcash has a little marketcap
be compared with bitcoin and the zcash still has a little comunity too.

I dont know why people still do think that zcash could able to replace bitcoin,seriously? Even that coin didnt even surpass those huge marketcap coins like eth xmr which is somehow good to choose rather than zcash. It doesnt stand a chance on bitcoin because until now theres no candidate to breakeven on bitcoins progress.

Very few people believe in zcash these days. Although it still costs over 0.03 BTC the steady decline of its price from the beginning is obvious. Idk, if it's more anonymous than BTC and people just haven't realized it yet, maybe it has some potential. We'll see.

You could always read the thread. Or you could just make poor assumptions in bad grammar.

Yes I agree with you, but if we saw his wrote he was thinking that zcash can replace bitcoin,
I don't know it is serious or not but i think he said like that and he doesn't give complete reason
why he think like that.

too far to campare with bitcoin , coinmarket capitalizations stated that it has 1000 times lower than bitcoin , so what you can expect from the small altcoin like that? of course nothing at least for now , they need to be established first.

bitcoin are too big to compare with zcash or any other altcoin even with ethereum.

i think its not makes sense if zcash can replace bitcoin because zcash its different than bitcoin itself, zcash is need more thing to be like bitcoin. maybe zcash can stay together with bitcoin like other altcoin but to replace bitcoin, i don't think so. there will be no altcoin that can replace bitcoin because all crypto currency is something and its under bitcoin.

market cap doesn't mean anything, even if ZCash had a much bigger market cap or even a bigger one that bitcoin, that wouldn't have meant much.

ZCash is still an altcoin, and it is something that pumpers use to pump and dump to make more money. it doesn't really offer much options to us in order to be able to start to compete with bitcoin in sense of usage and other things.

and in the end, time will all there is to these altcoins, most of them will disappear before the year's end and many others fade away slower.

Well so what do you mean with your last statement? Except me there is other users who don't understand about your statement
and you comes just blamed me without explaining about the statement, will be good if you give us more complete explaining about your statement.

Thats why its being called altcoin from the word itself "alternative" and there is really no chance that any alts would surpass bitcoin as of these days. We still dont know if theres one but seeing on the current situation i could really say no one could able to compete bitcoin.

Exactly it just another crypto currency in thos world just I think it got more publicity than other coins in starting so that doesn't mean it is gonna beat tbe best which is bitcoin. It is impossible and we also don't know if the coin is actually real or is it just showing fake mining results or even running a ponzi. I wouldn't recommend anyone to invest in it now the best alternatives to it is xmr or maybe dash.

 Literally 3 posts before yours: "I do think in 10-15 years any high performing coin today has the potential to rise higher than bitcoin. Both cutting into its market share and coexisting with bitcoin. However, when I wrote the title of this thread, I asked zcash or bitcoin to hold. What's the opinion of exponential potential? Zcash is under $22 million and bitcoin is ever$16 billion, yeah it's not an immediate threat. Zcash has some immediate threat to remain relevant before people begin to dismiss it. The developers need to start working on wallets and pushing for implementation, this passive tactic isn't working."

I'm asking wich will be more profitable. And yes, if altcoins could threaten btc profitability.

Zcash is new and I am not surprised about the low volume on trading platform. In some point, zcash may seem very complicated and less useful than Bitcoin, but it is suitable for the world without the centralized system. Zcash is 100% anonymous and you have to understand that hackers love this features a lot

Ok, you are speaking about Zcash vs Monero, can anybody say why we are not taking in consideration Dash then? Also anonymous, also scarce, capitalization is right next to Monero. And zcash is falling behind now. Maybe it is more logical to compare Monero and Dash?

Zcash is a scam coin because of its superhype that scams people to buy zcash with a very high price. Some said it has reach up to 200 btc per coin in Polo. But after sometime it has gradually decreased in value and those early buyers have lost a huge amount of bitcoins when the price has tremendously went down. I dont know if people will still trust this coin that has deceived many upon its release.

No one was deceived, the release rate was announced before the coin was released. The market decided it was worth a fortune.

 I didn't know Dash was private when I started this thread. I have bought some now as it is a strong performer. I like the masternode system and the algorithmic distribution.


 Bitcoin will probably die after 2042, who will have any reason to hash the transactions and keep the neural network alive when there is no longer a reward for mining?

Zcash will be fully of the dump or i can say about the inflation of the coin. That's zero proof coin and have the different advantages with bitcoin you can't compare the both of bitcoin and zcash. Both are having the different building structure.

But even if a Darknet market adopts it how can this stop Zcash from falling? Take Litecoin for example. It was adopted by some Darknet markets more than 2 years ago but still the price of LTC is falling and falling. Of course I mean the price in BTC because the price in USD hasn't changed much since.

Bitcoin is time proof and it is accepted by some big companies as of yet. It is 8 years old now while zcash is fairly new and it's going down really fast. If you check the trend at Poloniex or coingecko you will see that the curb is going downside. No altcoin has been a real threat for bitcoin as of yet.

Any hard precise and convincing explanation why bitcoin would die after 2042? If it does die then you are a messenger of God. lol since you do already know the bitcoins situation on those future years :) Just joking since we really dont know when that thing would happen.

Well I don't think you have to be a prophet to guess. Bitcoin transaction and security are supported by the block chain.  The block chain, aka miners are supported by being rewarded newly minted bitcoint.  The last new bitcoin, coin number 21,000,000 will be distributed in 2042. So there will be no motive to sustain the block chain. So bitcoin would lose all of its security.  

Another threat to all cryptocurrency are quantum computers like the Dwave. Once they get a respectable number of quibits, they'll decode 128 bit encryption in a matter of minutes.  

Well between the two Bitcoin i think is mass friendly, so I guesss people will still chose bitcoin even though zcash is much cheaper now.  The reason is that Bitcoin has more usage than zcash that will only be good in dark market.

There is no interest for using it rather than just take the advantages of the anonymity feature has offered by zcash. and bitcoin still the number one. and bitcoin on the right way to become the mainstream currency in the future.

It's incomparable, how can you even think of tgat in the first place? We all thought Zcash was coming to address the major flaws if Bitcoin but it rather brought nothing new except the anonymity which isn't anything extraordinary. Bitcoin is the pacesetters and I will choose that any day over all existing Alts.

I will always choose bitcoin. It has already establish good reputation on the internet. From 1$ to its current price of above 1000$. Bitcoin now has many demands compared to zcash which makes it far more better than it. Bitcoin won't be replaced by zcash imo and it will never be. Zcash was just released last tear if i am correct so there is lot of things to expect from it. And see what's better in the near future.

As a newbie you are quiet good related to bitcoin related stuffs and you do really have the point since those assumptions have the possibility for it to happen but still we cant conclude on the things that would happen ahead of time.

I am agree. Many crypto appeared and will appear with the idea to repeat the success of Bitcoin. I think that some of this currencies or some new one will be able to solve all minuses of bitcoin and even move it away from it's position of crypto currency number 1.

Well right now I only want to handle bitcoin and I don't want to get in to trading,
So right now I would only hold bitcoin and no other crypto currency.

Did bitcoin price started around thousands of dollars before Satoshi mining the genesis block? when first time mining was launched and I was seeing people have problem with their sols or kh/s and it was obvious that they were manipulating the difficulty because of the price.
How many people really mined bitcoins in first 2 years with just their laptops or desktop computers? everyone could with no problem.
Then it was worked on people started to see what it really is and became interested unlike zcash they wanted to force it to us saying wow such greatness much hidden and anon, I didn't buy the act from the start.

It is indeed possible for some coin to outsmart Bitcoin but I am sure it will not be Zcash. Something better than Bitcoin does not require more features but better technology. Else all Altcoins presently are just slave to Bitcoin. :D
Bitcoin at present has provided a good alternative to currency system. Lets take it as base and wait for something better!!

although zcash has a good feature which is it is more anonymous than bitcoin and could be good option for underground uses but I think people will still keep on using bitcoin and it will still keep its demand because bitcoin is a mainstream and mostly known cryptocurrency . zcash has a potential to grow on market but not the same on how bitcoin have grown I guess .

In the first place I think the investors are mad. Till now there are so many coins which create superhype and be like our price will surpass bitcoin ,etc this is the time we should think that this is absolutely a scam because it is really hard to predict the price. I saw the market cap I guess it is 200k + I just hope they realise and sell all the coins before they it's too late.

It is just the same as other altcoin they are starting in high price and gradually dumping the price until no value..
So be wise of choosing what is the good altcoin to choose.. for me top 20 altcoin still a good choice to buy and hold for a long time..

Buying all of them wouldnt be a wise thing to do unless if you are ready to risk huge money on purchasing those coins then its your decision and related to zcash and other alts they do really start with good price but refering to the situation of zcash it does really have high hype which causes the price after launched was soo high.

I think bitcoin is without centralized system too and the price is more good than zcash,
well I don't know if zcash be made for hacker because of anonymous. and
except zcash monero has fiture of anonymous too and it has long time old than zcash a
nd could be survive on long time from the dumpers.

Why do you discuss the question: "Bitcoin or Zcash?" I think the answer could be: Bitcoin and Zcash! Both of them can exist side by side. The use of Zcash´s anonymous transactions will increase and has become easier since the "Zcash wallet and full node for Windows" ( https://zcash4win.com/ (https://zcash4win.com/) ) was released. Zcash will be one of the most important coins in the next few years. Just like Bitcoin, Ethereum and Monero. 

The same for me, I don't have a smallest need to buy anything rather than bitcoin at the moment, bitcoin is in it's high prices and it will most probably grow even more, that's why i need only bitcoin and nothing else.

I'm becoming more impressed with Dash all the time. The ASIC miner makes it harder to mine but they have a winning marketing strategy. Zcash seems to have dropped off the radar and the coin is suffering because of it. Dash are actively working to build their currency.  Monero was impressive last year, but seems to be stalling at the moment.

Zcash has no match with bitcoin, in terms of the features and advantage by it. And how that an altcoin can compete with bitcoin it is far behind before that happened I think.

Well I would really choose bitcoin over zcash,
Well I am not really interested in other coin right now so I would only stick to bitcoin.

Most people will look after the anonymous feature than. Altcoins and including zcash won't ever catch-up what bitcoin did, even though a half of it I guess, only time will tell. Altcoins created just for trading purpose, mostly. And another advantage of the coin could used for underground transaction but central authority will start to check it when the trading volume/transaction getting bigger in their country. So, the answer is no. I will check it later when this coin price could reach more than $150.

zcash not shitcoin until now zcash still active trade in poloniex and another exchanger
zcash price still good and volume transaction is good too, but if compare bitcoin not compatible, if altcoin compare with altcoin
because all altcoin still under bitcoin

Zcash has a good history in terms of value against Bitcoin. When it was introduced there was so much hype around pushing the value into astronomical and yet laughable level. Many made outright money and later on maybe got burned. As of now, the coin is getting to be stable and I think one of the top 10 worth looking if one is spreading his gains into other altcoins. However, as for me, only Ether can be the one next to Bitcoin.

Its not really having a good history because of the hype itself and many got really burned their money instead of profiting on those times on where zcash is just about to launch but still it manages to be included in top alts which is correcting its price as of now which is good to engage.

What the hell about zcash early pump on polo, It looks fool a lot of the people. Although you must need waited it for a long time for watch the zcash will turn to the good altcoin. This time zcash is no more rather than just PumpDump coin. Can you tell me how the useful of zcash in this time? We have monero for the privacy coin and ethereum is the next Alphabay payment.

It is not right to compare zcash with bitcoin. We need to look at the innovations that they have made when evaluating any altcoin. The prices of some altcoins in commercial sites are increasing rapidly. But there are no innovations brought by these altcoins. Only dump and pump are changing prices. Already this kind of altcoins are dying after a while. We need to be careful.

Now that there is zclassic, which has all the advantages of zcash without the drawbacks, why would there be any future for zcash?

if the price drops zcash will be dirt or debris are not comparable with bitcoin

The same thinking as mine, I don't have any interest with other coins right now depending on my mood. If I can see that I'll be able to make some money with it then I'll go, zcash is still on my pick. But right now, I had to focus with bitcoin and I don't want to be interrupted and running catching up the profit with zcash.

If you ask me to choose between those two then i still choosing bitcoin because it is proven and tested that it is profitable. Zcash is just an altcoin with a high price in the first new days of it and then just dump because of the sellers or miners who unload their bags. I I choose bitcoin because it is stable in terms of supporters and the market because its been few years since bitcoin launched and now the only thing i see in bitcoin is rising up so i will just stick to bitcoin rather than jumping into another one with high risk involved.

Zcash is not that valuable and is prone to crash but bitcoin on the other hand is tested and proven to be strong and will give us good profit. Bitcoins value is projected to reach 2000$ by the end of this year and many people are expecting that. After the big challenges that bitcoin has faced in the past months bitcoin has recovered fast and it proves that it has become stronger than ever.

of course I would choose bitcoin because it has proven its strong and durable too much, if it was not so long zcash, but nevertheless I would still choose bitcoin

I can't trust zcash, inflation too strong, will keep having a tendency to go down regardless of how mch it gets pumped so im not going to risk a single satoshi on the thing.

so far, there is no thing that drew me aside in bitcoin. and price increases bitcoin made me more confident in bitcoin. zcash probably is a good coin, and has a good future, but it also happens to be the bitcoin, even better.

I would choose bitcoin and I'll tell you everyone why:
At first zcash was thousand dollars. I remember moments when people were investing in this coin when it had so high price but suddenly it fall down and now we see it's nearly 65$. Well, zcash was high priced and than fall down.
Now discuss about bitcoin. At first it's price was some cents and than it grow grow and become 1000$, than fall and 600$ and etc many prices and now it's nearly 1150$.
Now from this we can say that zcash has regress but bitcoin has progress. So progress is better than regress, that's why I choose Bitcoin.

ZCash is a centralized coin by its Devs and an altcoin with all those bells and whistles. In the end it does what bitcoin does but you pay the owners a fee.

Bitcoin is the original.

It is like Coca-Cola vs R.C. Cola.

R.C. cola tastes better every once in a while but you can't do without  the original Coké.

The process of growing up for bitcoin is a long term but for zcash it's been like couple of days. And the price drop we saw in couple of days also. It had the price of 1200$ like btc but it crashed immidiately and it's not stable at all, we call it bubble. now the price of this cryptocurrency around 65$. But bitcoin have more previliges in investing then zcash and a lot bigger market cup which always a choice maker for people who are intersted in holding for a long term

Zcash, being a comparatively new currency is doing well and it was once the second most valuable currency after bitcoin. However, now Dash and Byteball taken its place. But I think, the kind of market size the crypto currency industry has, it can accommodate two-three more coins with good features and active devs.

Zcash has been doing well but if it replaces bitcoin in the underground market, it will become huge in no time. Because the demand of this particular currency will increase and supply will remain the same. So following the normal demand supply theory, the price will increase. However, Zcash will not be able to grow like bitcoin, at least in next 15 years.

I think Zcash is the coin are good, I also save Zcash, but overall I think the bitcoin is the best among all the cryptocurrency at the moment, but I'm sure one day will be beat by altcoin.

Yes i also believe that bitcoin will be defeated by altcoin by i don't think it will happen soon because it will take a lot of times before any altcoin do that because bitcoin now is very strong and the community behind bitcoin is very big, So i don't think there is a possibility now that bitcoin will be replace by another one. I think after 20 years, there will be an altcoin who will replace bitcoin that is better and stronger.

Just someone trying to compare the bitcoin, with an altcoin causes laughter. And even when the arguments are the privacy and anonymity and can be used in deep web. In cryptoworld there is monero. Right? If the market wants it or believe in it (zcash) then it will survive. Otherwise will die like as many alts in a short time.

Bitcoin is the premier cryptocurrency and will continue to be no matter how forked an Altcoin may try it will never surpass Bitcoin in terms of popularity and usage in this current time. I don't see why you should even be comparing Zcash with Bitcoin at this stage? Is it because all seems right with it at this stage ? Let all Altcoins be subjected to the pressure Bitcoin has been through and we'd see which of them would be able to survive.

I think it depends on what you are looking for, it terms of potential growth and profit I will go for Zcash but what you get with Bitcoin is value, trust  and solidity

I'm solid for bitcoin but still I'm open to any coin like zcash to have the potential as BTC, time will tell and of course it will depends on the progress that it will take. I know most cyptocurrency users still prefer bitcoin and it is very obvious, they may lose the zcash but not BTC.

Till date altcoins grew secondary to the bitcoin and during the same time period bitcoin faced several criticism and oppositions from several countries around the world. Altcoins grew silently, but bitcoin grew overcoming those barriers. This confirms that bitcoin is better than all.

I'm trading with bitcoin and zcash, and I much got benefit because prices zcash are skyrocket, but i don't know until when zcash can survive, i hope the price not from user speculation or bump.

If you are looking for long term over 5 years has to go with Bitcoin. but, if you are looking gamble a chance of 5x or more returns Zcash.

I also get profit in zcash in the last few months but i doubt that it will skyrocket again because it is more like manipulated coin and only depending on the hype of the market or the whales to be specific. I'm more comfortable with bitcoin because it is stable and it can't be manipulated easily like zcash and until now, i'm still earning more profit in bitcoin rather than zcash.

I believe you have done with zcash in right way. Moreover altcoins are just being created only for that purposes, trade them- make profits- forget them. If you keep on touching down, your losses will be inevitable, it is a lesson I have learned from my own experiences.

Comparing zcash with bitcoin shows immaturity because in no ways zcash is capable of comparing with bitcoins. Getting anonymity is possible with bitcoins itself, for that purpose alone I believe we do not need another coin beyond bitcoins.

Altcoins may not be as strong as bitcoin but they are slowly getting into the competition, ETH is now getting bigger due to many tokens that
are using ETH based platform. If the entire industry will grow, both bitcoin and altcoin will, and that will depend on how people support it.

ZCash definitely isn't the altcoin for that though.  Its trading volume, and even more its usage, is completely insignificant and will continue to be compared to other altcoins let alone Bitcoin.

Even if altcoins are growing at a moment they can take care of us only in short term and we cannot depend on them in long run as they can disappear or fall back at any point of time and after that it will very hard for them to bounce back again but if the price of bitcoin crashes at a moment it can regain its position sooner or latter.

The thing is, ETH is going to shrink now because Bitcoin is catching up to it when it comes to transaction technology, and ETH was originally just a faster Bitcoin with more uses. Now, it's just an alt with more uses. It's going to have to start deriving its value from everything you can do with it rather than what it used to be based on.

If Bitcoin gets Segwit fully implemented, along with the Lightning Network, most people who were using ETH as a means of doing things faster will likely move back to Bitcoin, however those using ETH in a utilitarian manner will likely stay. It will cause the coin to shrink, however.

Comparing to any altcoin, not just zcash, I would always give advantage to Bitcoin. Still there isn't any which could compete with Bitcoin and have some real value and be used in real life like Bitcoin. Altcoins are good for trading but that is prety much all. So, for me there is no doubt between Bitcoin and zcash, Bitcoin wins

another altcoin is never replace position bitoin, is very imposible can replace bitcoin
except bitcoin is wrong, bitcoin crash and bitcoin die, bitcoin can't work transaction about bitcoin unlimited blocksize or more

It is called an altcoin due to certain and obvious reasons: it only took the concept and idea from bitcoin. It may be true that there are some altcoins in there that has improved or way cooler features than what bitcoin has, but that doesn't make it more interesting because people already established tens of millions of dollars in equipment alone on bitcoin. You can do the same for your alts however many people are invested huge and you can't simply sway their minds with features alone.

I don't think so. Just look at those forkings made at bitcoin.

What kind of defeat that a certain alt can give to bitcoin? Price? If only in price then no way any alts can surpass bitcoin. Bitcoin is not all about price but the technology behind it. How about those famous altcoin today that having a decent price? They are only meant for profit and that what others trader are taking advantage that's why they are there.

We can't based the high price of an altcoin as a main factor why it will replaced bitcoin even for the next 50 years.

Definitely I would choose bitcoin than zcash because bitcoin has come along so far. And its prove that bitcoin rising its prices no matter what. Zcash has a large of quantity in the coinmarketcap, so bitcoin probably will win among all cryptocurrency.

Zcash is just one of the shitcoins out in the internet market now.Just like other coins.It has no match in competition to bitcoin.Huge supply of coins are the cause of price not being stable and not rocketing up,zcash has alot of supply compared to bitcoin and look at its marketcap.Its nothing to match on bitcoins

Yes bitcoin is the best for long term investments be compared with zcash but zcash is good for short term investments with trading zcash is not bad ideas for be traded on exchangers
 because price of zcash is high fluctuation and it is good for make profit from zcash but basiccally depend on the purpose make investments into bitcoin or zcash.

Bitcoin has resisted time and the value of it has only been on the upside in the long term if we see all history. Zcash or any other alt coin is just another pump and dump coin and I am sure it will not resist the test of time. Bitcoin is widely more accepted than any other coin and it will continue to be so for years to come.

Answer is clearly known to all of us I guess, that Bitcoin is much better, but you can use Zcash (mine it through GPU-s) and convert it to Bitcoin. It is a very good alternative to creating your own stash of coins without having to buy Bitcoin from someone. Poloniex exchange has a 2000 USD limit per day with only email verification so your privacy is not touched this way.

Instead of confusing yourself so much and investing in so many altcoins and still get a loss the best thing to do is all the money you have exchange it to bitcoin and just wait for a guaranteed profit in future.

Well, bitcoin is still better than zcash seen from anywhere. bitcoin has a high price, and I think I am better at using bitcoin from the zcash in trading. bitcoin so give me a lot of advantages, and so many changes.

Bitcoin fulfills potential growth and earnings conditions, apart from value, trust and soundness.
Bitcoin is a much more profitable investment tool when it is considered long term. And the end of the altcoins does not end well. Many people are losing money by investing in altcoins.

My preference is BTC

zcash only short term not long term
after zcash price incraese high don't buy again, is very high risk and lost youre money

You are in the community of bitcoin and you already know that we will vote for bitcoin because we already with bitcoin for long and we didn't trust any coin that new to our eyes and in the market, we always trust the coin that there for long years and survived to its challenges or problems and that is bitcoin.

Bitcoin is king of all the currencies, I barely doubt that any other currency might get so popular as that of beloved bitcoin. Zcash well not my interest but people use it for exchanges and earning profits with small pockets within the trade platform.

In my opinion, there is no matter what we choose, if it is a question "bitcoin or monero" or any other cryptocurrency, the bitcoin is still the best choice in the pair.
It is because many people rely on bitcoin, and it is the most trusted and known cryptocurrency, so far unbeatable as we can see.
There is indeed uncertain market because of divided miners, but I hope that the SegWit will be implemented, and we will see finally the bigger domination of bitcoin, because if we will increase the size of block, and overall throttle of network, we may build bitcoin as a successful,fast payment system.

I agree with you on that 100%, bitcoin now is the most valuable and has the bigger market capitalization.
I use bitcoin because it brings me here and as I go on with my journey I found there are still bigger potential the price will increase.
For me, It's my favorite investment now and so far I having a satisfaction in terms of income.

What a comparison of bitcoin and zcash. I am sure if worldwide survey is taken more than 70% would say that they have never even heard of zcash and 99 % would have heard of bitocin name itself prove that what is in for the long run to be exists.

Zcash is fantastic in everything about anonymity. But the command are taking to much money from every block reward, so I'm waiting for some work without this. Imho it will be really promising.

Not really: https://twitter.com/zooko/status/863202798883577856

Zcash is also popular nowadays but no doubt that people will get to choose bitcoin as it is the most popular crypto that has a bigger market cap. But for me, I've got friends that are mining alt coins and they are preferring to choose zcash for it because it is giving them good profit in the end. And they are still depending on bitcoin.

as zcash is also trading too good and still giving good opportunity to give you good profit, but still it cannot compete with bitcoin. because the income that bitcoin can give you, i do not think that any other currency can give you in such a short period of time. in fact trading altcoin we remain more confident.

I think both is good. Because if you want more sure profit in this year 2017 invest your money in bitcoin and then wait few moths for sure the pricr will becone double. Even the price is very high you buy bitcoin if you want. But if you more profit you can buy zcash coin beacause this coin is good and rhey have potential to increase the price because their pricr is good and I believe after few many years this coin become popular and more become brighter. But its your choice what coin have potential to yoy that give you profit.

First point,Zcash could not replace bitcoin even in dark market requirements.Even if it replaces bitcoin for such requirements,then also demand for bitcoin will be high since bitcoin is universally used nowadays and those days are no more when bitcoin was only used for dark net and silk road.

No doubt zcash has its own enthusiast but I'm sure all members of this forum will choose bitcoin included me.

Zcash has its own benifits and advantages over Bitcoin and it can replace Bitcoin in the dark market but we cant ignore the fact that Bitcoin is way more popular and has way more value than zcash. This value and popularity of Bitcoin is what makes it stable and more reasonable choice.

Bitcoin and zcash is good.  As of now the bitcoin price is very high and I think the price is continue to increase in the next few months. And zcash is good to invest because you can earn a lot of profit .  But it depends to you what do you think is better.

I will probably go to bitcoin as what we see right now, bitcoin is really promising. There's no need to compare the two when the choice of the people will really onto bitcoin but someway somehow others may find zcash convenient and I totally respect it. Bitcoin will be recognized in the whole and we must accept this fate and maybe by end of 2017 it will become $3000 and zcash will eat the dust.

Why not both? zCash has great features that fulfill a particular niche (great transaction security). Bitcoin is, well, Bitcoin. It's a little bit ridiculous to choose between the two, nor should you. I hope zCash continues to grow, as coins with superior technology deserve to rise to the top.

Both have their own advantages, bitcoin or zcash of high value.
But every decision is different, and most importantly it should be profitable.
And in my opinion, bitcoin is good for now.

Instead to compare one coin to another , you should make sure whether you are saying really good or not , Here I am.not trying to troll you but want explain .
Just think that you are right but what will happen when all the bitcoiners will enter in the  zcash then a big cloud will force the network of zcash , I mean the capacity of the other coins to handle the traffic of users is not comparable to the Bitcoin .
Here you can see that with the increase in the users the fee and confirmation time also increases.
So we can't remain with the economical growth of the coin , here for all the long term investment is only Bitcoin because Bitcoin has legality in many countries but not any altcoins ( except banking sector coins like ripple ) .