Zetacoin Express (OP)
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June 13, 2015, 05:50:31 PM
Last edit: June 13, 2015, 06:45:09 PM by Zetacoin Express |
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I figured I might as well create a thread for Zetacoin trading, and price speculation since one does not exist already. Off topic posts will be removed: - Extensive discussion of other coins.
- Promoting other coins.
- Posting of promotional materials from other coins
Non-substantive comments such as Zetacoin sucks, Zetacoin is a scam, etc. are considered off topic. Every post and reply should add to the discussion. |
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myfirst
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June 15, 2015, 12:47:04 PM
Last edit: June 15, 2015, 01:02:08 PM by myfirst |
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The Zetacoin price has been in what I like to call a 'holding' pattern for the last few days (aka moving sideways, relatively unchanged, stable, etc...). The term 'holding pattern' fits because the price is being manipulated by some trading bots and whales.
Currently the bots are in accumulation mode, trying to collect some cheap coins from the poor fools that are silly enough to sell this low. Once enough ZET has been collected, the price will rise.
Zetacoin is an excellent coin for trading and making profits while having some fun doing it. For day traders who would like to play around with ZET, here are my suggestions:
BUY when the price drops below 0.00002000
STRONG BUY if it drops below 0.00001800
Within a few days, there should be a momentary rise to 0.00002500+
SELL when the price rises past 0.00002300
If you want to make a larger profit, the price could in theory (based on past events) go as high as 0.00002900. After which it will quickly drop back down to 0.00002100.
Zetacoin is also a LONG investment. If you have the money, I suggest investing 0.1 BTC into Zetacoin for the long haul. Of course buying the most you can during these low periods. 0.1 BTC isn't much (valued at about $25 USD) and could potentially turn out to be a great investment several years from now.
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Hollingsworth
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June 15, 2015, 03:49:54 PM |
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The Zetacoin price has been in what I like to call a 'holding' pattern for the last few days (aka moving sideways, relatively unchanged, stable, etc...). The term 'holding pattern' fits because the price is being manipulated by some trading bots and whales.
Currently the bots are in accumulation mode, trying to collect some cheap coins from the poor fools that are silly enough to sell this low. Once enough ZET has been collected, the price will rise.
Zetacoin is an excellent coin for trading and making profits while having some fun doing it. For day traders who would like to play around with ZET, here are my suggestions:
BUY when the price drops below 0.00002000
STRONG BUY if it drops below 0.00001800
Within a few days, there should be a momentary rise to 0.00002500+
SELL when the price rises past 0.00002300
If you want to make a larger profit, the price could in theory (based on past events) go as high as 0.00002900. After which it will quickly drop back down to 0.00002100.
Zetacoin is also a LONG investment. If you have the money, I suggest investing 0.1 BTC into Zetacoin for the long haul. Of course buying the most you can during these low periods. 0.1 BTC isn't much (valued at about $25 USD) and could potentially turn out to be a great investment several years from now.
If you look at the 30 day chart, yes that recommendation makes sense. Zeta has been hitting some nice trade peaks and bottoms in June. But if you look at the 90 day chart, you can see it can all come crashing down to below 0.000005. So just be aware. Zeta is a fun coin to trade with, because its just so plain Jane, with none of the nonsense from other alts. Have fun! |
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tuaris
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June 17, 2015, 08:28:29 AM |
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This is interesting... Bitcoin rally and a parallel Zetacoin rally.   Normally Zetacoin prices drop when Bitcoin rises. Perhaps Zetacoin is starting to stand up on it's own  |
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tuaris
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June 18, 2015, 12:42:21 AM |
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This is a seriously undervalued coin, the price has been stable the last few weeks, but appears to be continuously manipulated downward. Notice how there are a few of these SELL orders purposely setup to push the price down:   They go all the way to 2760 satoshi or more (Cryptsy only shows SELL orders this far up).  Someone wants to collect as much ZET possible at a low price. |
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Zetacoin Express (OP)
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June 18, 2015, 02:16:01 AM |
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But if you look at the 90 day chart, you can see it can all come crashing down to below 0.000005. So just be aware.
From what I've been able to find out, there was a 'slow' large bag holder exit (perhaps several) in the later part of last year through the early part of this year. Mainly due to a small group of (very bad) people who used Zetacoin's clean history and good name to run a pump and dump scam. The price has since recovered back to it's previous levels, if not higher. I doubt we will see sub 0.00001000 prices for Zetacoin in the near term (if ever). The price has averaged roughly 0.00002000 overall for the past 2 years. I feel very envious of those who were smart enough to buy up at 0.00000180 about 3 months ago. That was an excellent investment. |
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myfirst
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June 21, 2015, 04:36:08 AM |
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The Zetacoin price has been holding steady at about 2150-2200 for the past 7 days with a small advance to 2300. Very interesting pattern... It seems that the patience of the smaller holders is being tested by the bots/whales.
I expect it to hold this range with very little change for the next few days (if not another week at most). From that point forward I see it dropping to about 1800 to test any weak holders and shake off some coins before advancing to 2700+ where it will remain for a day or two before dropping back to the 2200 range.
I don't believe it's possible for Zetacoin to drop below 1700 anytime in the near future (if ever). Way too little of a supply on the markets.
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tyz
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June 21, 2015, 10:36:57 AM |
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I decided to buy some ZET a few weeks ago. I was a good decision. I made good profit so far.
I hold the coins because I think it is still undervalued. IMHO, the fair price is around 3000 sats.
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myfirst
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June 24, 2015, 09:31:42 AM |
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Latest news:
A large holder has indeed failed the ongoing test, selling out as low as 2000. A 62k ZET exit was made around 15:00 EST yesterday. Additionally there are two very large sell orders, one for 15k and another 41k at 2010 and 2015.
Unless this is a fake sell wall put up by a bot/whale, it is an excellent opportunity for anyone to grab a large amount of some very cheap ZET from another exit without paying a premium price.
My forecast remains unchanged. The price per ZET should drop as far down at 1800 in the next few days to further shake of some weak holders. After which a rise is expected.
Anyone who takes the buying opportunity mentioned should be able to make some very nice gains in the next few weeks.
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X68N
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June 24, 2015, 12:33:33 PM |
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Regarding the history, the history of trading volume and market Cap, Zetacoin is a very good part of my Portofolio.
Unlike other Coins which only Peak once and then go to zero, Zetacoin found its range and will rise when Bitcoin trend is starting.
I estimate the prive go at least to 0.00012000 again , and probabliy higher up to 0.00025000 depending on the next Rally of Bitcoin.
Smart Investors already know ;-)
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myfirst
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June 27, 2015, 12:24:56 AM |
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The shakeout continues as ZET has continued to drop sub 2000 as expected and more large holders exit and new investors enter. Here's a quick summary of major events. - A smart investor took the buying opportunity of 15k @2010. Congratulations! and 10k of the 41k @2015 was sold over a period of a few days to various buyers.
- A single investor purchased the remaining 31k @2015 in a single order with an additional 12k pushing the price as high as 2350. Shortly afterwards there was some profit taking with 12k ZET being sold off and then being re-purchased.
- Another purchase of 54k ZET was made while two more exits of 68k and 31k followed. The 31k ZET was purchased a day later by another smart investor.
In the past 24 hours there was a major purchase of almost 150k ZET at a huge discount. Also pretty much drying up all sell orders on the market. It's no longer possible to collect a large amount of ZET without paying a premium for it. That opportunity has passed. There is a VERY LOW SUPPLY of Zetacoins on the market and the buy orders should start to show this once the bottom of 1800'ish is reached. Word of advice: If you see large sell order at these prices, immediately go for it! Otherwise continue to slowly buy up the sub 2000 coins. Or, for large gains with a high risk, buying at a premium now will certainly pay off long term. |
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X68N
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June 27, 2015, 12:44:29 AM |
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correct, also i will buy more if the price goes down again to 0.00001200 - 0.00000500. I see a great Gain-vs-Reward potential in zetacoin , which makes it a very good trade. Another thing is, the last time ZET was between 0,00000500 and 00001000 , bitcoin was much less worth. So ZET has shown its price stability. But any investor should make the homework for it self  . |
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tuaris
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July 05, 2015, 12:57:52 PM |
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Zetacoin seems to have taken a nice dip lately. I don't think it will last.
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