[2016-10-24] Bitcoin Regains $650 Ahead of Zcash Launch

[jholmes91]

https://btcmanager.com/wp-content/uploads/2016/10/WIR10.jpg

Bitcoin saw further gains over the weekend, extending above $650 across exchanges as the cryptocurrency was supported by positive sentiment out of China. At the time of writing, BTC-USD has held onto these gains, trading just above the $650 psychological handle on the Bitstamp exchange. Also, the ECB decided to encourage European regulators to take a tough stance on bitcoin and cryptocurrencies, while the Zcash blockchain will see the genesis block come into existence this week, on Friday 28 October; the project will enhance Bitcoin by including privacy features, amongst others...

Read more here:

https://btcmanager.com/news/btc-usd-regains-650-ahead-of-zcash-launch-btcmanagers-week-in-review-oct-24/


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[Coin-Keeper]

I am definitely taking a hard look at ZCash.  For use cases where privacy is paramount it looks appealing.  You need a strong computer with a minimum of 4 Gig memory available to process ZCash initially.  They claim the process can take 2 minutes.  Futures appear to be nearing 1/4 btc at offering.