The title is about thoughts on Zcash.. so I will give you another thought
"Approximately 131,250 Zcash coins were distributed among investors at a price of $15.24 per coin against the $2 million raised during the summer round of funding."
So the big investors who are behind Zcash bought 1 ZEC for ~$15 whereas it was traded for $xxxx in the first few days. In the end, it will be just that: ~$15
dont forget that was the second round. it gets even worse as the first round got over 200,000 zec for only $4.5 per zec |
|
|
|
coin shows its true value on poloniex
True value is determined through cost of mining. I have a 10 Sol/s contract for 4 months with www.Zcash-Miner.com which costs me 0.125 BTC. I am mining since Genesis block and mined 0.01047092 ZEC so far. So, true value of 1 ZEC right now should be 0.125/0.01047092, i.e. 11.93782399 BTC. As more coins are mined, true value is expected to go down and settle at 1 BTC. Whatever value is shown right now on various exchanges are result of trading. absolutely disagree. there is a big difference in the "break even point" for miners and the real zec value. most importantly is that a) about 214,000 zec is bought for only $4.6 per zec by the first investors, b) another 132,000 zec is bought for $15 per zec, and c) the amount of zec available will increase fast which lowers the price. With current prices investors get a insanely high roi by selling coins, and dont forget about 20% of all mined coins go to the investors. im not saying they will sell all, but you must be a crazy investor to not secure at least part of your giant earnings. and value is always based on ask/demand. therefore looking at the above im prety sure real value for coming months will be somewhere around $25 - $50 usd or so, maybe $100-$250 over time in case it gets popular or when it gets hyped or pumped. if i had to guess we will see a price of 0.05 and 0.1 btc sooner then you think. Today ZEC keeps their chairs in the 0.45 and I just voted about your statement (+1) totally considering the supply and demand will show me a real evidence about the price will fall again. My hope the price will below of the ETH rate. that's will be more reasonable in my mind.  hehe thx for voting  but it will be a fun coin to watch whatever happens. and another possible option for it to rebounce a bit again is when investors have a floor in mind. you have seen this with other coins like paycoin. investors tried to manipulate the market by placing huge btc floors and pumping the coin by buying and selling to themselves. bot ok, thats pure speculation, but wherever big money is involved extra factors always begin playing a huge role. |
|
|
|
coin shows its true value on poloniex
True value is determined through cost of mining. I have a 10 Sol/s contract for 4 months with www.Zcash-Miner.com which costs me 0.125 BTC. I am mining since Genesis block and mined 0.01047092 ZEC so far. So, true value of 1 ZEC right now should be 0.125/0.01047092, i.e. 11.93782399 BTC. As more coins are mined, true value is expected to go down and settle at 1 BTC. Whatever value is shown right now on various exchanges are result of trading. absolutely disagree. there is a big difference in the "break even point" for miners and the real zec value. most importantly is that a) about 214,000 zec is bought for only $4.6 per zec by the first investors, b) another 132,000 zec is bought for $15 per zec, and c) the amount of zec available will increase fast which lowers the price. With current prices investors get a insanely high roi by selling coins, and dont forget about 20% of all mined coins go to the investors. im not saying they will sell all, but you must be a crazy investor to not secure at least part of your giant earnings. and value is always based on ask/demand. therefore looking at the above im prety sure real value for coming months will be somewhere around $25 - $50 usd or so, maybe $100-$250 over time in case it gets popular or when it gets hyped or pumped. if i had to guess we will see a price of 0.05 and 0.1 btc sooner then you think. |
|
|
|
i said before we wont be seeing 2k-3k prices anymore. i guess i was off by few days.. look at that buy demand. we could be officially done with 4-5k satoshi range.
20million marketcap feels like can be reached before the annon is released!
ps: almost 600 btc buy wall support on polo.. new high over 7000's. good day so far
wow very nice, never seen anything close to that for nav. but be carefull as such huge numbers mostly means pump and dump..as some major players seem to be in and probably have been accumulating since 300 sat. but very nice to see nav doing great again. i have been a big supporter for a long time. unfortunately i needed to cash out last year due to some private problems.... my 4 million nav would have been worth a nice amount of money with these prices hehe, but ok thats life. good luck guys, hope you will finally reach the 10k level, seems doable in a few days now...and hope it stays stable thanks mate! I hope you still have a bit left! otherwise buy back nope unfortunately not. wasnt that bad though. sold at 2500-3900. still having some financial problems due to some bad investments and other private stuff. sounds worse then it is, but cant affort to invest a lot at the moment. but i keep monitoring nav as always... |
|
|
|
i said before we wont be seeing 2k-3k prices anymore. i guess i was off by few days.. look at that buy demand. we could be officially done with 4-5k satoshi range.
20million marketcap feels like can be reached before the annon is released!
ps: almost 600 btc buy wall support on polo.. new high over 7000's. good day so far
wow very nice, never seen anything close to that for nav. but be carefull as such huge numbers mostly means pump and dump..as some major players seem to be in and probably have been accumulating since 300 sat. but very nice to see nav doing great again. i have been a big supporter for a long time. unfortunately i needed to cash out last year due to some private problems.... my 4 million nav would have been worth a nice amount of money with these prices hehe, but ok thats life. good luck guys, hope you will finally reach the 10k level, seems doable in a few days now...and hope it stays stable |
|
|
|
|
not to fud, but i did notice the graphics and coin features look a damn lot at xms, grav. all created by newbie devs and all look like copies of each other...almost seems like the work of one person...
im not sayng this is the case, but it looks a bit suspicious.
anyone know who is behind ekn? topic says its a team but who are the persons behind it?
|
|
|
|
Where are you dev ,,,,???
Very scared no buy support
come on its sunday! he posted a few pages back, no need to worry already! start to worry if he hasnt posted in a week, not when he hasnt posted in an hour! and still some buy support..if you think its to low then add some yourself |
|
|
|
first post and registered today...you really signed up just to post this? |
|
|
|
How does someone make money from dumping? Are they working with the exchanges? Is it all about volume?
The fudder will be buying now and selling happily in a few days at x2 or x4 price, when the panic and capitulation phase is over. Yes but you'd have to possess units in the first place to dump at a low price. How does this help accumulation? Scared people dump. The ones who can play the markets accumulate The lack of buy support is a worry - no one is prepared to risk a substantial amount of BTC buying now. There is some point where buy support will come, people will start buying and we'll go back up. Where and when - I don't know. indeed. once dev delivers something and shows the coin is more then alive people will start (panic) buying again... |
|
|
|
How does someone make money from dumping? Are they working with the exchanges? Is it all about volume?
The fudder will be buying now and selling happily in a few days at x2 or x4 price, when the panic and capitulation phase is over. Yes but you'd have to possess units in the first place to dump at a low price. How does this help accumulation? easy. lets say you bought in with 5btc at 1200 during the ico. then sold 80% at 8k/10k, so thats a 30btc profit. then dump your 20% which you have left over a few hours/days to create down pressure and when it reaches 2k/3k you buy in a few btc again and use some of the 30btc profit to pump it 200/300% higher and repeat the same... |
|
|
|
|
indeed, great dev, good communication..things are looking good
never sell during panic sell...always a bad thing 😏
|
|
|
|
|
no point selling at these prices...and watch out maybe they just want to cause a panic sell...still only a few btc needed to get price back to 8k...
|
|
|
|
This is horrible. This is why we did not want pumpers or price increase like that. From 3k ccex to 11k on Bittrex within 3 days. We will not stop working on this project.
We will release more soon. EKN is nowhere close to over. Hopefully there can be stronger community and more market attention.
dont worry to much on daily price fluctuations, nothing you can do about that...long term is more important...price will always recover to what its worth as long as the team keeps on delivering. i will add some buy support tomorrow...already half asleep now hehe |
|
|
|
|
price already recovering, few btc to get it back to 9k/10k
but huge shakeout lol.... almost 40% of all coins changed hands in a few hours
|
|
|
|
|
thx for the update, looks fantastic again!
lots of movement today at trex...going to bed now, lets see what tomorrow brings
|
|
|
|
And I was trying 2 get into the top 10 rich list before it started taking off...lol  thats not that hard, just buy 10btc of coins and you are in the top 10 |
|
|
|
|
15k is indoable for today i think. too much sell pressure around 10k...we have to take that hurdle first and build a new floor there. from there we can go to 15k this weekend.
|
|
|
|
is not making a difference down there When whales pump, they put support in the books to floor. When whales dump there is no support I think so something is going to happen soon... What you are saying doesnt have to be correct. When most whales want to get rid of their coins they add huge buy walls. This because then people think it is safe to buy. They add some small sell orders and once other bought their coins they remove the buy walls...most whales dont dump at all...or only their last few coins... But there are many ways of manipulation...just looking at the orderbook doesnt say much... |
|
|
|
price looking great..looks like 10k will be the new floor in the next couple of days..if the 20btc upto 20k will be bought the road to the moon is open.. huge whale playing, 45btc both sides |
|
|
|
We will be publishing further news tomorrow. We want this community to grow stronger and thicker by the day. It looks like many people who are getting in are now anticipating a pump due to different groups showing signs of interest. We will continue to work with or without their influence on this market, nothing has changed.
indeed, dont look at the pump stories, that isnt important. price will always fluctuate. as long as development goes on and people see dev delivers then proce will rise steadily. |
|
|
|
|
Show Posts
