[ZEC] Zcash Speculation

[DRaGoN RaNTaRo]

I wounder whether the hype will last longer than it is speculated to be,the price at which the coin is listed in exchanges is just ridiculous. i am sure no sane person would buy those in that price range

[1714831932]

1714831932

[1714831932]

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[cryptimus prime]

the price at which the coin is listed in exchanges is just ridiculous. i am sure no sane person would buy those in that price range

Of course not, too obvious manipulation leaving a very shady impression. But somehow everything around this coin is shady and untrustworthy incuding the "trusted" setup,

[vtr99]

This is going to be the biggest train wreck in the history of crypto. 

[TheKoolaider]

'Member Zcash? I 'member.

[bitkng]

Was there any ico for zcash ?is it minable?how to get cheap zcash

[Caladonian]

now the price fall down to 8+ btc i really amused when i see the price went up to 3.2k+ btc from polo
its seems to be for millionaires coin placing an entry need to think twice and more assessment if how
this coin will moves.

[bitkng]

Now the price is 15btc

[tokeweed]

This is going to be the biggest train wreck in the history of crypto. 

That would be an understatement.    I mean wow...  Just wow.

[c1791]

Waiting to enter zcash at 3-4btc range

[European Central Bank]

Waiting to enter zcash at 3-4btc range

uh, why? the only thing propping up prices is non existent supply. as soon as that's consistent the price will plummet.

[gkv9]

now the price fall down to 8+ btc i really amused when i see the price went up to 3.2k+ btc from polo
its seems to be for millionaires coin placing an entry need to think twice and more assessment if how
this coin will moves.

They will now only witness falls only in this because the ones who wanted to play for profits, they played and got out...
Bots conducted their games and now, no chances are being left for anyone but dumps, so I would better stay away until the price reaches something that we are hoping for, i.e.; nearly BTC0.2, I think it would even get lesser with the amount of coins being added to circulation...

[N-rG]

now the price fall down to 8+ btc i really amused when i see the price went up to 3.2k+ btc from polo
its seems to be for millionaires coin placing an entry need to think twice and more assessment if how
this coin will moves.

They will now only witness falls only in this because the ones who wanted to play for profits, they played and got out...
Bots conducted their games and now, no chances are being left for anyone but dumps, so I would better stay away until the price reaches something that we are hoping for, i.e.; nearly BTC0.2, I think it would even get lesser with the amount of coins being added to circulation...

May i ask why you want to buy zcash?

[TheKoziTwo]

With the massive influx of new supply ZEC is now facing a 99% value depreciation over the coming month and years. There's no reason to buy and hold zcash with such bleak future outlook. No long term investors, no adoption, no usage. It's going to one of the most brutal bear markets in the history of crypto. I advice to just forget about zcash for the next months, it's not going anywhere but down.

Sub 0.1 BTC is where I'll start looking at it.

[N-rG]

With the massive influx of new supply ZEC is now facing a 99% value depreciation over the coming month and years. There's no reason to buy and hold zcash with such bleak future outlook. No long term investors, no adoption, no usage. It's going to one of the most brutal bear markets in the history of crypto. I advice to just forget about zcash for the next months, it's not going anywhere but down.

Sub 0.1 BTC is where I'll start looking at it.

Why?

[European Central Bank]

Why?

this really needs answering? it's the same number of coins as bitcoin ultimately. it has no usage. it's centralized. there might be security holes. if a few million were available right now the price would be more like 0.01. the only thing justifying any price is the near total lack of them.

[N-rG]

Why?

this really needs answering? it's the same number of coins as bitcoin ultimately. it has no usage. it's centralized. there might be security holes. if a few million were available right now the price would be more like 0.01. the only thing justifying any price is the near total lack of them.

He said he'll look at zcash at 0.1.
I was interested why anyone has a interest in that coin at any price
For some days/weeks before i saw zcash by myself as a good speculation coin. But since my studies i figured out that I'll probably lose my money. That's why i decided to not trade this coin. Doesn't matter at what price. It is just not existing for me.

[European Central Bank]

He said he'll look at zcash at 0.1.

and the only way from there is to continue on downwards. the only people who'll do well are the ones who have a significant amount early on. everyone else is just handing them money and never seeing it again.

[BiTZeD]

I suggest to everyone to don't enter this as long as the full reward is active (i.e. in 33 days).

[TrueCryptonaire]

So guys do you think it is smart to diversify some bitcoins also to Zcash when the inflation start hitting?

Personally I am a little interested in this because I find it a good investment if I can get it for fair price. Why I think it is good investment? The reason: it has probably the brightest minds in the world in its team (in case Mossad is involved). Also as there are involvement of Jews so money should not be the problem.. 

[ArticMine]

I suggest to everyone to don't enter this as long as the full reward is active (i.e. in 33 days).

I would consider this to be a way to short a time frame. 6-9 months would be more appropriate in my opinion. Let us do some very simple math here.

ZEC block 1036, just currently mined, has a total block reward of 0.6476 ZEC. In 34 days the block reward will be 12.5 ZEC. So here is the math. If the demand for ZEC remains constant, which is a massive if since it requires keeping up the hype for over a month, then the price per ZEC would drop by an additional factor of over 19x. to around 0.3 XBT or around 214 USD. Let us not forget the peak was around 2.4 million USD. In addition, one would expect this bear market to gain some momentum on the downside, with a base starting point of a drop of around 99.99%. The question of how many 9s, will it be 99.999% or 99.9999% etc., before a bottom is reached remains to be seen.

Edit: I get the feeling that someone really overreacted to the criticism of the Dash instamine here, with this linear ramp up of the block reward over 34 days.