Well If you sold on the first day you would have had nice profits. You could have bought back a little lower and then sell again and have even more.

But DW the price will significantly increase once Dividends are paid

Because there were less than 5000 ZEC and more than 85 million ICN

This is simply a matter of low supply.  The Zcash mining cleverly designed to have 21 million bitcoins just like bitcoin, with a halving every 4 year, but one BIG difference, the first 34 days, the block reward starts at 0 end ends up at 12.5 ZEC per block (50 ZEC per 4 blocks of 2.5 minutes is comparable to 50 BTC per block per 10 minutes)


so on the first day, only 104 (or 83, if you don't count the 20% going to the devs) was mined, and in the first few hours, even less, so  some people pumped it up to 3300 btc, and keep it above 1000 for a few hours, since there was no one to sell it any significant quantity. Now it's like day 3 (or 4, I'm not counting) and the supply is still relatively low, and so a price above 1 BTC is only expected, it will slowly fade, and if you find a platform to short, shorting would be very wise, because for the next 30 days, the mining supply will increase rapidly.

Actually no.  The mining algorithm of Zcash starts with 0 and slowly builds up to 12.5 per block in the first 34 days. Which means, on the first day less than 10000 Zcash will be mined, which can be easily pumped up to above the price of bitcoin, then it will slowly fall over time, until the next halving in 4 years or maybe there will be a few pumps in between because of some publicity and news, but it will never be as high as the first day.


But it's pretty smart of them to start with 0 per block.

But it's not a good investment unless you invest in mining.

The link says that 10% of everything mined will go the developers but that the first 4 years it will be 20%, which means they'll get rich and that it might be a scam if they don't use the funds for the project.


But I'm expecting a fork that doesn't give them a percentage.

I just realized that lots of investors that don't know Kraken don't realize that XBT is BTC and therefor don't dare to send BTC to there, makes sense.

Someone should make a new block explorer before November

Let's make some bounty

Well it depends, I will sell half of my stash if the price is right, but I guess they are waiting for weak hands to sell first, just as with LISK.

Bitcoin deposits are sooo slow to kraken, maybe that has something to do with it.

Or the fact that people don't realize that Kraken is bigger than Poloniex

Gatecoin isn't that bad, it's growing rapidly I think, probably gonna overtake Bittrex

Lol  Kraken has triple the volume of liqui in less than 10 minutes.

Stop telling people not to dump. Just put in some low buyorders and see them rage later

Any deadline on Phantom?

https://twitter.com/krakenfx/status/791010989957185537

they're working on it

And for those asking what's better Kraken or liqui? Kraken is a legally protected exchange, top 3 in bitcoin volume in the WORLD. Liqui is some small altcoin exchange, getting DDoS'd, very slow and low volume.

Why?

They even offer help to people who got scammed by Mt Gox

They rarely add coins because they're very critical and legal.

Yobit already has a  coin called "ICN" but it's not Iconomi, so they probably won't add it haha, yay

Normally Kraken is very good, but I guess something went wrong and they're fixing it now.

But in the end, Kraken should be better than Poloniex

What exchanges are adding it?

I advise everyone to buy before the November pump. And please, do not dump big amounts before November 6, will ruin the pump.

Join the slack and contact Crush