[ZEC] Zcash Speculation

[TheKoziTwo]

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.

Zcash is based on new cryptographic research that is very exciting and will provide many use cases. It brings value. So for me it's a question of value proposition. Since the technology is new and untested, has no usage or adoption and just launched I think there's a mismatch between current price and what I value it. It is my belief that the price will stagnate for a very long time and my target is sub 0.1 BTC. Until that time Zcash is of very little interest speculation wise as there's little money to be made in the downward spiral (unless shorting becomes viable, however I think this will take a long time too).

Everyone can see that the lack of supply and current price is madness. Once the price settles down to reality, I will have to look closer. Will I buy? Probably not at 0.1 BTC, but until that price it's so overpriced that it's not worth paying attention to at all. Assuming no catastrophic failure (e.g critical bug), at some price point it will likely be undervalued, and that is when I will buy.

Most altcoins even the scammiest ones still have value to this day. Zcash has something to offer, just not at this price.

[stereotype]

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.

Zcash is based on new cryptographic research that is very exciting and will provide many use cases. It brings value. So for me it's a question of value proposition. Since the technology is new and untested, has no usage or adoption and just launched I think there's a mismatch between current price and what I value it. It is my belief that the price will stagnate for a very long time and my target is sub 0.1 BTC. Until that time Zcash is of very little interest speculation wise as there's little money to be made in the downward spiral (unless shorting becomes viable, however I think this will take a long time too).

Everyone can see that the lack of supply and current price is madness. Once the price settles down to reality, I will have to look closer. Will I buy? Probably not at 0.1 BTC, but until that price it's so overpriced that it's not worth paying attention to at all. Assuming no catastrophic failure (e.g critical bug), at some price point it will likely be undervalued, and that is when I will buy.

Most altcoins even the scammiest ones still have value to this day. Zcash has something to offer, just not at this price.

Exactly what he said^^^  (although, i cant resist scalping this, volume permitting)

[ArticMine]

The ZCash reality. It has a market cap of 1.47 million USD, and is was ranked number 64 behind SuperNet and ahead of Pluton. https://coinmarketcap.com/currencies/zcash/#charts

Edit: Corrected is to was since ZCash has plunged further.

[bitkng]

Zcash major drop it's now worth only 2btc a big loss for the people who invested yesterday

[carlfebz2]

Zcash major drop it's now worth only 2btc a big loss for the people who invested yesterday

For sure they are crying now and  regretting that they  purchase  zcash on that  high  price point more than 2 btc.... This  coins would surely dump its price and   like many other coins out there  does have  high value when it launch and  then hardly dump. This  is  just  like a scam coin  for me. Luckily I didn't invest with this and  don't intend to  put money. No other   good  crypto  but  only bitcoin.

[DrTeddus]

This coin has been mentioned in economist espresso friday. I don't think it's a good sign that even after such high exposure the value keeps diminishing.

[Zeta0S]

How many Zcash did you get on the first 24/u ?

[European Central Bank]

This coin has been mentioned in economist espresso friday. I don't think it's a good sign that even after such high exposure the value keeps diminishing.

that's a pure supply issue. when there are a few hundred thousand or million then we'll get a sense of what its true value is. anyone buying in the near future is setting their money on fire unless they can flip it rapidly.

[N-rG]

zcash just buys space at news-sites.

Here is a perfect for example: http://www.americanbanker.com/news/law-regulation/how-zcash-tries-to-balance-privacy-transparency-in-blockchain-1092198-1.html

They are also on the first page of CNBC http://www.cnbc.com/2016/10/31/new-bitcoin-rival-promises-anonymity-for-online-purchases.html

They try to hit big sites to attract as much attention as possible. I know what is coming next. Sad that Monero has not the Power to use the power of media. I would recommend every Monero supporter to always response in the comment section of these media sites and mention XMR

[mia_houston]

I still doubt to bought Z-cash Guys please tell me any good speculation when a good time to bought Z-cash..

[Emerge]

zcash just buys space at news-sites.

Here is a perfect for example: http://www.americanbanker.com/news/law-regulation/how-zcash-tries-to-balance-privacy-transparency-in-blockchain-1092198-1.html

They are also on the first page of CNBC http://www.cnbc.com/2016/10/31/new-bitcoin-rival-promises-anonymity-for-online-purchases.html

They try to hit big sites to attract as much attention as possible. I know what is coming next. Sad that Monero has not the Power to use the power of media. I would recommend every Monero supporter to always response in the comment section of these media sites and mention XMR

That's the most retarded idea ever. That's not how you promote a coin.

[bbc.reporter]

"The coin’s launch was enough to make any fan break out the champagne; exchanges ranging from Kraken to Bitfinex inherently added the coin to their platforms, although some analysts are now attributing the coin’s recent (and massive) jolt to a platform error that potentially added a few extra zeroes to the currency’s end, which clearly doesn’t look very good for privacy. How safe can someone be if an error of this magnitude can strike at any moment?"

http://www.newsbtc.com/2016/11/01/zcash-giving-investors-mixed-signals/

Zcash looks very scammy because it is marketed as something like it is really an anonymous coin that is developed and started from scratch. It is really not an anonymous coin unlike Monero which is truly anonymous. The default transactions in zcash is not anonymous, you have to use the anonymous layer or sidechain to make your transactions anonymous. It will also take at least 8GB of RAM if you want anonymous transactions. It is also only a clone of bitcoin, just look at their Github with the zcash protocol built in.

[N-rG]

zcash just buys space at news-sites.

Here is a perfect for example: http://www.americanbanker.com/news/law-regulation/how-zcash-tries-to-balance-privacy-transparency-in-blockchain-1092198-1.html

They are also on the first page of CNBC http://www.cnbc.com/2016/10/31/new-bitcoin-rival-promises-anonymity-for-online-purchases.html

They try to hit big sites to attract as much attention as possible. I know what is coming next. Sad that Monero has not the Power to use the power of media. I would recommend every Monero supporter to always response in the comment section of these media sites and mention XMR

That's the most retarded idea ever. That's not how you promote a coin.

Of course you do. Products need to be compared. If you dont want to compare monero with zcash then you are obviously just a zcash fanboy who is afraid of XMR 

[Hamphser]

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.

The ZCash price might drop in the near future. So it is better to buy some miners to mine and sell it.

[Zeta0S]

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.

The ZCash price might drop in the near future. So it is better to buy some miners to mine and sell it.

I have got some exellet Zcash payouts true mining the last 5 days :-)

[Sanitough]

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.

The ZCash price will keep on dropping until the end of November. Then the price will be stable as the supply will be stable.

[NeuroticFish]

I have got some exellet Zcash payouts true mining the last 5 days :-)

ZCASH is one of the rare coins good to mine today with anything you have - CPU, GPU (AMD or NVidia).
I don't know how long will this last, however. At some point botnets may switch from XMR or such to ZCASH until the diff rises enough and price falls enough.
Until then it's a gold mine

[ratatatat]

The ZCash price will keep on dropping until the end of November. Then the price will be stable as the supply will be stable.

And you're about to loose some money

[DarkStar1O9]

Then the price will be stable as the supply will be stable.

That logic doesn't make any sense, it's just a slowly changing emissions rate. Only a fraction of the total supply will be mined this year.

[Febo]

10% of all ZEC is currently on sale only on Poloniex.

I hope ZEC CEO had fire the one that suggested to make a 30 days slow mining. a day or max a week woudl be more then enough.