ZCASH will be the ultimate scam coin. The FOMO will be so huge that initial price of 1 ZCASH will be higher than 1 BTC.
At the end of week 1 after ZCASH launch there will be approx 6000 ZCASH mined and the noobs will think that at price of 1 ZCASH = 1 BTC , marketcap of ZCASH (3.6 million usd) is too small. what the noobs will fail to realise is that at the end of 1 year ZCASH marketcap has to be 1 Billion usd to sustain that crazy price of 1 ZCASH = 1 BTC because there will be approximately 2.5 million of ZCASH mined by year end.
The only one to profit massively from ZCASH will be the developers with their 20% premine and maybe miners to a slight extent. rest all the traders who buy ZCASH will only see the price of ZCASH decreasing as every day passes while the marketcap of ZCASH increases.
yeah inflation can do that to a coin.
P.S. and about ZCASH volume on day 1 there will be a total of 100 coins mined in first 24 hours. at price of 1 ZCASH = 1 BTC the real volume should be less than 100 BTC. anything more is just the washtrade.
No offence to ocminer, you are a great guy buy i do not support the ZCASH model of 20% premine in initial stage. They should take the 20% from next 4 years if they really believe in their own coin. Not the first 4 years when total coin supply is scarce.
I can't see zcash reach btc level price. However, at litecoin price seem reasonable.