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Author Topic: [ANN] Zclassic, Zcash Fork No Premine, No 20% Founders Tax  (Read 338399 times)
CryptoRambler
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January 17, 2017, 11:43:45 AM
 #1401

ZClassic will be 2 times more expensive than Zcash

don't say shit man....

Zclassic has a good future, but Zcash has backup from big business.

Zcash will have plenty of dev workers for the first 4 years with the mining tax, after that its hard to say.  Their situation won't be much different than zcl's currently..

Right! So ZCL will have the benefit of ZEC development of core and dapps 😀

Will ZCL be 2x more expensive than ZEC? Well, how do you measure that - by mkt cap or price?

It is unlikely/improbable that ZCL will ever have mkt cap equal to ZEC because ZEC infrastructure so big comparatively. Could trade at same price though in future
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January 17, 2017, 11:58:28 AM
 #1402

If price consolidates at the current level, it is possible to further increase. But Bitcoin has already made 5% for half a day and it can cancel further growth of ZCL.

ZCL price is fully controled by market maker, so ZCL can growth inspite of btc rise.

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FandangledGizmo
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January 17, 2017, 12:13:29 PM
 #1403

There should be a third fork.

The problem with ZEC is not the founders fee it's the Bitcoin replicated inflation schedule.

A ZEC fork with 20%, gradually declining inflation with/without founders/dev fee would RAPIDLY overtake ZEC.

(ZEC/ZCL is the winner on privacy but the inflation is so high it needs what something like $100 million in new capital this year just to sustain $40. Whereas lower inflation, same tech would skyrocket & maintain on fraction of that demand. Current option ZEC and ZCL mean you have to wait 1-2 years before investing because no way demand can offset inflation.)
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January 17, 2017, 12:21:26 PM
 #1404

There should be a third fork.

The problem with ZEC is not the founders fee it's the Bitcoin replicated inflation schedule.

A ZEC fork with 20%, gradually declining inflation with/without founders/dev fee would RAPIDLY overtake ZEC.

(ZEC/ZCL is the winner on privacy but the inflation is so high it needs what something like $100 million in new capital this year just to sustain $40. Whereas lower inflation, same tech would skyrocket & maintain on fraction of that demand. Current option ZEC and ZCL mean you have to wait 1-2 years before investing because no way demand can offset inflation.)

It depends of ZEC/ZCL adoption. If ppl start to use it, then there won't be any problem to sustain such supply without affecting the price.

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akasma
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January 17, 2017, 03:49:17 PM
 #1405

ZClassic will be 2 times more expensive than Zcash

What do you base on for that fact? Zclassic is a fork of zcash and it was born after zcash so it can not be more expensive than zcash in the future.
I believe that Zcash will return 100$ in next March, 2017.
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January 17, 2017, 04:16:19 PM
 #1406

You lost money in zcash?

Zcash is a business project first and foremost and what makes the strength of the crypto currencies since their existence is the strength of the community. All projects with premin, or with a business operation are criticized by the community. The strength of zclassic is the future community, still nascent today. Look at Gulden, Dash, and others ... The strength of crypto coins and trust for people is the community and the fact that no one is the hand on it .. It's very different for starters -ups like factom, gamecredits, lisk, and others. I speak here only crypto currency, not blockchain projects for other economic sectors!

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Raja_MBZ
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January 17, 2017, 09:59:44 PM
 #1407

Well ZClassic is surely getting some pumps right now, if Poloniex considers putting it up on their exchange, we'll surely see a bigger pump there.

Currently it's the most profitable coin to mine, and getting a good rise in difficulty level too!
CryptoRambler
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January 17, 2017, 10:14:18 PM
 #1408

Well ZClassic is surely getting some pumps right now, if Poloniex considers putting it up on their exchange, we'll surely see a bigger pump there.

Currently it's the most profitable coin to mine, and getting a good rise in difficulty level too!

How can you tell that it's the most profitable coin to mine? Thanks for the info!
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January 18, 2017, 09:44:14 AM
 #1409

Well ZClassic is surely getting some pumps right now, if Poloniex considers putting it up on their exchange, we'll surely see a bigger pump there.

Currently it's the most profitable coin to mine, and getting a good rise in difficulty level too!

How can you tell that it's the most profitable coin to mine? Thanks for the info!

http://whattomine.com/coins
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January 18, 2017, 12:33:28 PM
 #1410

200k sats today.

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giagge
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January 18, 2017, 03:17:52 PM
 #1411

Ok , with all due respects, that is a wrong affirmation.  Strictly speaking, the miner's profitability is only directed towards what is the most profitable coin to mine right now, at that very specific moment.  One person might believe that another coin might have good future (short term or long term) increase in value, but that is mere speculation, not mining itself.
And one activity does not exclude the other:  For instance, if you strongly believe that ZCL will increase in value ("bull market" as you wrote), but Moneris happens to be more profitable to mine at that very moment, you would be much better to mine Moneris, then immediately sell and buy ZCL with your gains.  You would therefore end up having more ZCL in total than what you would have if you would have been mining ZCL directly, waiting for this larger stash to increase in value.  (And, by doing so, you would also be supporting ZCL's price by buying it.)
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January 18, 2017, 03:23:33 PM
 #1412

Ok , with all due respects, that is a wrong affirmation.  Strictly speaking, the miner's profitability is only directed towards what is the most profitable coin to mine right now, at that very specific moment.  One person might believe that another coin might have good future (short term or long term) increase in value, but that is mere speculation, not mining itself.
And one activity does not exclude the other:  For instance, if you strongly believe that ZCL will increase in value ("bull market" as you wrote), but Moneris happens to be more profitable to mine at that very moment, you would be much better to mine Moneris, then immediately sell and buy ZCL with your gains.  You would therefore end up having more ZCL in total than what you would have if you would have been mining ZCL directly, waiting for this larger stash to increase in value.  (And, by doing so, you would also be supporting ZCL's price by buying it.)

IMO it all depends on how liquid the markets are, lots of variables to look at. These websites are used to help make those decisions but it's not and should not be used as a crystal ball Smiley
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January 18, 2017, 03:56:26 PM
 #1413

You lost money in zcash?

LOL WHO DIDNT?!?!
rowenta01
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January 18, 2017, 04:02:59 PM
 #1414

not me!!  Grin

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January 18, 2017, 04:03:07 PM
 #1415

ZClassic Windows wallet , on the works.

Dev's confirmed they will release for ZCash too

ZenCash  The world's first private, distributed, and reliable platform for communications, transactions, and publishing
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rowenta01
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January 18, 2017, 04:40:17 PM
 #1416

good news! Beautiful work to the team!

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January 18, 2017, 05:09:34 PM
 #1417

ZClassic Windows wallet , on the works.

Dev's confirmed they will release for ZCash too

ZClassic before Zcash?
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January 18, 2017, 05:29:41 PM
 #1418

ZClassic Windows wallet , on the works.

Dev's confirmed they will release for ZCash too

ZClassic before Zcash?

Yup you heard it right, tell all your friends:  Zclassic will have a windows wallet before Zcash!!!!
That is epic haha
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January 18, 2017, 05:43:26 PM
 #1419

I also think current price movement is small pump and price will dump little bit. I just missed to buy some but there will be many occasions in near future for sure like every other coin. I didn't go near Zcash but this one looks good at large. I am with an eye on the changing situation.

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January 18, 2017, 07:10:13 PM
 #1420

Well ZClassic is surely getting some pumps right now, if Poloniex considers putting it up on their exchange, we'll surely see a bigger pump there.

Currently it's the most profitable coin to mine, and getting a good rise in difficulty level too!

How can you tell that it's the most profitable coin to mine? Thanks for the info!

http://whattomine.com/coins
or http://www.coinwarz.com/cryptocurrency

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