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Author Topic: ZEC hit 500$ in 1 month?  (Read 180 times)
iluvCANNABIS (OP)
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May 11, 2018, 03:50:54 AM
 #1

Bitmain ASIC Z9 mini
Algo: Equihash
Power: 300W
Hashrate: 10ksol
FOB Price: 1999 $

If two coin using the Equihash algorithm has the largest hashrate of ZEC and BTG in the space of 450Msol + 50Msol = 500Msol (500,000ksol). Equivalent to 50 Z9 machines.
Estimated (assuming constant price, current price is $ 260), each Z9 will earn about $ 30 / day. Instant 67 days will return the capital.

With this number of days, it certainly will not be attractive minners by 67 days in theory that no Z9 has joined the network very fragile. Difficult to attract buyers, let alone the cost of hashrate is about 50k machine knows how Bitmain also launched that size? It means that more than 120 days in the capital (the price is unchanged), the problem of selling the goods of Bitmain is not feasible, not take advantage of the opportunity not increase profits to surprise the market ...

So. It is only possible to shorten the recovery time of the theoretical 2 times, 3 times or 4 times to make it possible for Bitmain to succeed. That means the price of ZEC or other Equihash coin must increase at least 2x ($ 260) or 3x or even 4x to stimulate the number of machines sold.


Therefore, the ZEC and other equinox coins are no other way to raise prices.

Please leave your comments?
iluvCANNABIS (OP)
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May 14, 2018, 04:00:11 PM
 #2

It seems nobody believes a "newbie"  Embarrassed
MartiniBlanco
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May 14, 2018, 04:03:40 PM
 #3

I am not sure that ZEC will be worth 500 USD within one months. I am sure that it will hit that pricerange, but it will take a longer time to reach these targets. I would recommend you tol buy some ZEC and hold it for long term man!
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May 14, 2018, 06:02:56 PM
 #4

$500 is very unlikely in 1 month but I think it is also possible because zcash has risen too much many times in the past, you can see it on its chart, so it may also happen.
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May 14, 2018, 07:34:14 PM
 #5

A good rise is happening in the world of cryptocurrencies, and this is a great indicator, if it will move in the future it is still your result, and something will change in the market so it is for sure.
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May 14, 2018, 08:52:55 PM
 #6

No doubt, now the price is very low for such coins as ZEC. It's time to buy a large number of coins. I bought and expect a price of 700-800 $. By the end of the summer I hope the price will be this way.

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May 14, 2018, 10:23:07 PM
 #7

I am not sure that ZEC will be worth 500 USD within one months. I am sure that it will hit that pricerange, but it will take a longer time to reach these targets. I would recommend you tol buy some ZEC and hold it for long term man!

x 2 for 30 days?
that is your prediction?

news, what we saw before, ofcourse nice and that may be a true- but last monthes he had a another trend..
maybe a new invest(from huge compans) may change his way

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May 14, 2018, 10:39:31 PM
 #8

I am not sure that ZEC will be worth 500 USD within one months. I am sure that it will hit that pricerange, but it will take a longer time to reach these targets. I would recommend you tol buy some ZEC and hold it for long term man!

x 2 for 30 days?
that is your prediction?

news, what we saw before, ofcourse nice and that may be a true- but last monthes he had a another trend..
maybe a new invest(from huge compans) may change his way
because zcash will have added to the gemini exchange site and it may increase the daily trade volume of the zcash itself. But $500 looks impossible for this month of next month. Bitcoin must be doubled on its price to make zcash reach $500 soon. This is a short hype due to the a good news has been coming

 
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stronghands4lyfe
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May 14, 2018, 10:42:15 PM
 #9

If crypto pumps hard in the next month then yes Zcash will hit $500 possibly much higher. But if the markets don't pump then I can't imagine it reaching $500 right now. All hinges on how alts are trending and BTC dominance.

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May 15, 2018, 03:05:30 AM
 #10

Zec is garbage, BTCP is much better
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May 15, 2018, 04:31:52 AM
 #11

It is funny that you come out with such figure, I don't know the number of people that are still making profit through mining, because now if I am to invest $10k into mining gear, i don't know when my ROI will be, but if I invest into ICO, I know in few weeks or month I would likely have 2X or more, basing your projection on new mining gear doesn't make sense to me
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May 15, 2018, 04:54:43 AM
 #12

Regrets for people not believing in zcash look at the price right now its burst increase and I think this is the time that we will see the price will hit near $500 this month or before the end of this month.

I don't suggest you invest in any ICO's not a good idea unless if the owners of ICO are trusted.
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May 15, 2018, 05:07:50 AM
 #13

I believe that Zcash can reach the price of $ 10,000 by the end of 2020, it has a great prospect, as big people are over the development of the coin.
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May 15, 2018, 06:07:01 AM
 #14

The recent hike Zcash is experiencing can be attributed to its latest listing on the Gemini Bitcoin Exchange which happened yesterday, also the altcoin is getting ready for a hardfork dubbed Overwinter.
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May 15, 2018, 06:30:18 AM
 #15

Zec is garbage, BTCP is much better

What features does Bitcoin Private have that are better than what Zcash offers?

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May 15, 2018, 03:28:07 PM
 #16

No, I do not think that Zchash will reach 500 dollars. It might have this price, but not this year. In 2018, ZEC can cost 300-360 USD. However, the prices of the cryptocurrencies are always unpredictable.
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May 15, 2018, 03:40:18 PM
 #17

Zcash price here do well mainly because of Gemini
https://www.coingecko.com/en/price_charts/zcash/usd
Let's see how long it stand

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May 15, 2018, 03:46:40 PM
 #18

OK so Zcash shot up more than 40%. I guess the community reacted really well to the announcement from the Foundation, even though the same thing has happened to other coins but this net effect did not take place. I do not hold any so I feel a slight regret, but then I already have my strong beliefs in Monero for example. Let us see if this coin can hold on to the gains. Especially when Bitcoin starts shooting back up.

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May 15, 2018, 05:51:40 PM
 #19

I believe it will be me. They are as passionate as they are now. Windows wallet is not even in the middle.

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May 15, 2018, 06:18:41 PM
 #20

500$ is not a big problem for ZEC. It's a good coin and its ATH price is much higher than 500$. If in next month the whole market will retrieve so I think it's totally possible for ZEC to reach to 500$ and maybe it just need 1 or 2 weeks to reach to that price Smiley

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