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Author Topic: [ZEC] ZCASH - All coins are created equal. Discussion Thread (Unofficial)  (Read 128103 times)
cannabanana
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October 31, 2016, 06:48:11 AM
 #781

Z it too far back in the alphabet, too hard to find.  Go with ARK, starts with A.  Comes up top on alphabetical lists.

What is ARK? What those it offer?
first offer is 120% bonus on lisk exchanges on the first day.

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October 31, 2016, 06:48:32 AM
 #782

What is fair value of ZEC?

$15 was what angel investors paid. Keeping in mind that they

a) bring a bit more (PR) to the table than just BTC
b) BTC has risen in USD terms considerably since their investment

I would say ZEC fair price is between $25 to $50.

It has to fall in that price range before veteran investors starts accumulating it.
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October 31, 2016, 06:53:36 AM
 #783

Z it too far back in the alphabet, too hard to find.  Go with ARK, starts with A.  Comes up top on alphabetical lists.

What is ARK? What those it offer?
first offer is 120% bonus on lisk exchanges on the first day.



So LISK is 20000sats then you will receive 24000sats in ARK coins?
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October 31, 2016, 06:57:22 AM
 #784

Z it too far back in the alphabet, too hard to find.  Go with ARK, starts with A.  Comes up top on alphabetical lists.

What is ARK? What those it offer?
first offer is 120% bonus on lisk exchanges on the first day.



So LISK is 20000sats then you will receive 24000sats in ARK coins?
so someone puts in 1 btc on day one gets 120% more ARK than someone who donates on last week.  So exchange on the first day you get 220ARK, donate on the last day get 100 ARK
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October 31, 2016, 07:09:58 AM
 #785

What is fair value of ZEC?

$15 was what angel investors paid. Keeping in mind that they

a) bring a bit more (PR) to the table than just BTC
b) BTC has risen in USD terms considerably since their investment

I would say ZEC fair price is between $25 to $50.

It has to fall in that price range before veteran investors starts accumulating it.

I believe it will be in the range of $10 maximum, can you tell me who is using this token if not for speculators, the price may reach your valuation if there is adoption in the market for its use.

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bvalis
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October 31, 2016, 07:18:29 AM
 #786

ZEC below 1 BTC within the next few hours...was so nice that withdraw was done manually for this coin and not automatically at all other coins when you mine at suprnova... but of course when you own the full supply...


1. Miners are mining ZEC
2. Report having problems with withdraw will do it manually.
3. Ocminer was working all night.

Real story:

1. Miners are mining ZEC.
2. Ocminer took all the coins and transfer to Poloniex and all other exchanges
3. Dumped miners coins as 3299 - 1000 - 500 - 25 - 10 BTC per coin
4. Buyback coins at around 10 BTC per coin
5. Send coins back to his site to payout the miners reward from step one
6. Counting his profit he made on dumping all the coins that miners created in point 1.


So basically it was the biggest scam ever!!! NEVER, I repeat NEVER there was a problem with withdraws on Suprnova!!!! Always automatically, NEVER ONE SINGLE PROBLEM!!! NEVER!!!! and now there is this problem.... I would say do your own investigation but I think the real story is true.

PS: Who created this thread.... No other mining pools on OPs.... Wink Biggest coin but only one mining pool?Huh

Edit: Maybe someone needs to investigate this based on the block explorer... was there a big withdraw from SuprNova?  But the problem is that he won't be that stupid to do it in big withdraws as he knows how to scam.

this sounds about right
The worst scenario and shit coin ever i seen in this day and totally.... Already scamming over 2 million dollar and jusr recycling their market volume and put into their scam mining pool again.... Absolutely a lot of my friend are lost over 2 btc caused by this shit coin..... And this my luck never joining for trading them LOL

Honestly guys, you should get a life with all your conspiracy theories.. this was probably the reason why ZEC didn't decide for a Post here - too much negative posts.

When you look at the OP's date you'll notice it was posted long ago when ZCASH was testnet only and yes, suprnova was the first stratum enabled pool for ZEC at this point. At this time, I believe it was with "beta1" or so, mining was tested and developed on testnet, withdrawals were also basically tested .. 1-2 payments per day and those were working too.

However, there were lots of issues with ZEC too, just check their issues on github: (https://github.com/zcash/zcash/issues) Payments in that scope like after launch couldn't be tested at all, in peak times I had over 1000 cashout requests per hour and coin simply rejected a lot of them, since it's an anonymous coin payments are done in a special way and not as simple as in bitcoin.

When I saw the first payments failing with all kind of different error messages I asked the devs for help, you might want to check Slack's log for that at https://zcashcommunity.slack.com/messages/zcash-dev/ but they remained silent until the next morning so I had to figure out myself what was going wrong.
It turned out that certain (very big) transactions won't get included in the mined block when certain circumstances are met. Some other pool op had a similar problem and opened a ticket for that on github as well: https://github.com/zcash/zcash/issues/1705
This was adressed quickly from my side but due to the nature of having several thousand payments failed and you couldn't tell automatically which one indeed failed as you had to verify with the blockchain I ended up staying up all night and go through every payment the pool sent. Some went through flawlessly while others failed and needed to be re-sent ... Problem here was that the daemon simply "took away" the funds and didn't release them until I did a full rescan, which was not possible on the live wallet as there were still payments ongoing (needed to be mined and if I shutdown the daemon the mempool gets flushed) - so I had to rescan on a separate machine/separate wallet and send the unspent funds again back to the main wallet etc..
It was a nightmare.. if you're interested in proof, just go through the thread here: https://forum.z.cash/t/suprnovas-zcash-pool-zec-suprnova-cc/ you can see the timestamps of the posts.

I know there will always be some "nay" sayers with ridiculous claims here but I'm not willing to just let that be said, especially not when so much work was involved like in this launch - Maybe you should also check all the other pools, Suprnova was the first pools who enabled payments AT ALL ! Check the Mining Section here: https://bitcointalk.org/index.php?board=160.0 and you can see other still haven't been paid ...

Thanks for your patience, back to your tinfoil hats !

Oh and placebo, Kris, my old friend, how's it going with your ICO shitcoin stuff lately ? Especially YOU should be the most silent person at all here Smiley

for me, dont have a problem with ocminer. was just a bad period where it was chaos at the begining for everybody.
i did my profit ( not huge but decent with what hardware i have) and I am happy.
thanks!

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October 31, 2016, 07:49:55 AM
 #787

Darn it i lost 0.06 BTC on the bittrex fake pump, good thing i just tested the waters it could have been worse. its imposible for ZEC to reach the 300 btc a pop again.

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October 31, 2016, 07:59:47 AM
 #788

When will the downtrend stop?
bvalis
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October 31, 2016, 08:01:47 AM
 #789

When will the downtrend stop?

still a long way down mate, this is and super over mega giga inflated coin.

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October 31, 2016, 08:04:11 AM
 #790

When will the downtrend stop?
maybe in december when the mining rewards get stable. maybe sometime next year.



for the first month the mining starts slowly til it reaches about 7.000 a day.
so the price will continue to fall like a rock.

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bandarfjb
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October 31, 2016, 09:00:05 AM
 #791

When will the downtrend stop?
maybe in december when the mining rewards get stable. maybe sometime next year.



for the first month the mining starts slowly til it reaches about 7.000 a day.
so the price will continue to fall like a rock.

Thank you for pointing this out. I'm a little bit late to join the party, but is still okay, got some amount of BTC and I am happy about it.
Lucky for people who enter at the beginning Roll Eyes

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October 31, 2016, 10:21:30 AM
 #792

When will the downtrend stop?
maybe in december when the mining rewards get stable. maybe sometime next year.



for the first month the mining starts slowly til it reaches about 7.000 a day.
so the price will continue to fall like a rock.

Thank you for pointing this out. I'm a little bit late to join the party, but is still okay, got some amount of BTC and I am happy about it.
Lucky for people who enter at the beginning Roll Eyes
could be fun to trace the available supply and watch how it skyrockets Cool
http://coinmarketcap.com/currencies/zcash/
1.310 ZEC atm, about 2.600 tomorrow Tongue

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October 31, 2016, 10:26:47 AM
 #793

When will the downtrend stop?
maybe in december when the mining rewards get stable. maybe sometime next year.



for the first month the mining starts slowly til it reaches about 7.000 a day.
so the price will continue to fall like a rock.

Thank you for pointing this out. I'm a little bit late to join the party, but is still okay, got some amount of BTC and I am happy about it.
Lucky for people who enter at the beginning Roll Eyes
could be fun to trace the available supply and watch how it skyrockets Cool
http://coinmarketcap.com/currencies/zcash/
1.310 ZEC atm, about 2.600 tomorrow Tongue

So price half by tomorrow too Wink
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October 31, 2016, 10:44:56 AM
 #794

When will the downtrend stop?
maybe in december when the mining rewards get stable. maybe sometime next year.



for the first month the mining starts slowly til it reaches about 7.000 a day.
so the price will continue to fall like a rock.

Thank you for pointing this out. I'm a little bit late to join the party, but is still okay, got some amount of BTC and I am happy about it.
Lucky for people who enter at the beginning Roll Eyes
could be fun to trace the available supply and watch how it skyrockets Cool
http://coinmarketcap.com/currencies/zcash/
1.310 ZEC atm, about 2.600 tomorrow Tongue

If this was on margin trading, hell would break loose. Would be fun to watch, though.



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October 31, 2016, 11:21:01 AM
 #795

We have just added Zcash ZEC support to the Cryptonator online wallet at https://www.crypronator.com

Yet just deposit/withdrawals without instant exchange due to the exchange rates fluctuations.

Minimum incoming/outgoing transaction 0.0001 ZEC
12 confirmations required for deposit.

Hope it helps!

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BLOCKCHAIN JUST ENTERED THE REAL WORLD
..Decentralized Crypto-Location Oracle Network.
.........GET WHITELISTED FOR TOKEN SALE ( Limited )..........

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loremipsum
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October 31, 2016, 11:21:46 AM
 #796

Is there any way to sort Zcash? It doesnt have to be on margin

Or similar ways to bet on price decrease?

Isolani159
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October 31, 2016, 02:32:32 PM
 #797

Is there any way to sort Zcash? It doesnt have to be on margin

Or similar ways to bet on price decrease?


There're a good place for you to short zcasch predecessor - zecz16 at Bitmex - a good rasing bitcoin trading recent days

TrueAnon
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October 31, 2016, 03:41:33 PM
 #798

LOL see the price finally dropping, will continue to do so until Dec probably.  Silly folks who wanna get in early to overpriced still unproven/unused coins WITH holes in it already! /FACEPALM.

When will ppl learn?!?!
placebo
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October 31, 2016, 03:44:12 PM
 #799

LOL see the price finally dropping, will continue to do so until Dec probably.  Silly folks who wanna get in early to overpriced still unproven/unused coins WITH holes in it already! /FACEPALM.

When will ppl learn?!?!

Never Cheesy
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October 31, 2016, 03:45:32 PM
 #800

LOL see the price finally dropping, will continue to do so until Dec probably.  Silly folks who wanna get in early to overpriced still unproven/unused coins WITH holes in it already! /FACEPALM.

When will ppl learn?!?!

i think people are not buying for those reason, but just for the pyramid scheme/ponzi, they will buy early because they know that another asshole will buy after, so it's a game of who by first before everyone else, and the first always make profit, regardless of the coin itself its value etc
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