ShapeShift Adds Zcash Support As ZEC Markets Go Wild

[Posternut]

Switzerland-based ShapeShift.io has announced it will integrate Zcash (ZEC) with its trading platform, following the coin’s launch and subsequent moonshot in price.

On Friday, October 28, the Zcash cryptocurrency was open to the public as a significant portion of miners started mining the anonymous asset.

Zcash came out of the gate costing quite a bit of bitcoin. When it first hit the market, the currency started out at upwards of 3,000 BTC per ZEC. The cryptocurrency has dropped in value but remains roughly 7 BTC per ZEC at press time.

https://news.bitcoin.com/shapeshift-zcash-zec-markets-go-wild/

[Joel_Jantsen]

Switzerland-based ShapeShift.io has announced it will integrate Zcash (ZEC) with its trading platform, following the coin’s launch and subsequent moonshot in price.

On Friday, October 28, the Zcash cryptocurrency was open to the public as a significant portion of miners started mining the anonymous asset.

Zcash came out of the gate costing quite a bit of bitcoin. When it first hit the market, the currency started out at upwards of 3,000 BTC per ZEC. The cryptocurrency has dropped in value but remains roughly 7 BTC per ZEC at press time.

https://news.bitcoin.com/shapeshift-zcash-zec-markets-go-wild/

Look at the downfall,3000 btc to 7 btc zer coin.Wait for a few mor days,I wouldn't be surprised to see they falling terribly,10 satoshi's for 1 zerocoin.Quite frankly,that's where the belong.This pre game hype is all in vain.

[CobraJ]

So is this the reason why ZEC has gained so much traction recently?
Still undecided about investing in ZEC; Monero is just much better than any other privacy coins for the simple fact that it just works.
From an investor point of view however I appreciate the fact that even though ZEC x10'd since last year in terms of USD price, its ratio to BTC has remained overall stable around the .05 BTC / ZEC (https://coinmarketcap.com/currencies/zcash/).