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Author Topic: [ANN] Zclassic, Zcash Fork No Premine, No 20% Founders Tax  (Read 339278 times)
infamous.
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May 03, 2017, 04:35:28 PM
 #1861

this is going to be so big, zen will have a 100mill mcap minimum, first completely anon distributed network & file storage.
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Every time a block is mined, a certain amount of BTC (called the subsidy) is created out of thin air and given to the miner. The subsidy halves every four years and will reach 0 in about 130 years.
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May 05, 2017, 09:05:22 PM
 #1862

On a return basis when measuring the lowest price to the highest price, in my view Zclassic has been a better deal for speculators than Zcash.  $0.30 (low) to over $7 (high) is much better than the $26 to over $100 for Zcash on a return basis.

Also, for people new to ZClassic or just checking it out, one pattern I've been watching is if and how it correlates with Zcash.  They don't always rise together, but sometimes they do and it's an interesting pattern to watch.  Possibly a good watch.
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May 06, 2017, 04:10:58 AM
 #1863

Just have to remember there's about 215 000 new ZEC/ZCL/ZEN every month and to maintain the current prices markets have to eat quite a lot of new coins. Monthly volume is no where near in those levels it could absorb current emission so I believe there's a big hoarding going on from miners. Market cap rises fast just because of the emission. If the prices spike more from now we could see a big correlation once miners stop hoarding and cash out against fat buy support. Which sounds very crypto-like.
BTCdoaA
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May 06, 2017, 06:34:30 AM
 #1864

Price of Zclassic moving gradually from yesterday .

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akasma
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May 06, 2017, 07:39:29 AM
 #1865

Should ZClassic rebrand to BitcoinZ after the ZEN fork?
Vote here

Before vote read this port
Zclassic: The Case for Rebranding to BitcoinZ


Bitcoin Z is good name . it sounds like bitcoin name which is popular with everyone.
Is this rebranding the name effected with Algothym? I mean that we can maintain the algothym or change the algothym?
drawingthesun
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May 06, 2017, 08:54:59 AM
 #1866

In which ways is Zclassic differentiating itself from Zcash? Or does Zclassic just plan to be a litecoin(ish) clone?

Looking to possibly invest but need to see some innovation.
calzone
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May 06, 2017, 11:02:32 AM
 #1867

ZZ Brazzers Classic
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May 06, 2017, 11:52:57 AM
 #1868

Just have to remember there's about 215 000 new ZEC/ZCL/ZEN every month and to maintain the current prices markets have to eat quite a lot of new coins. Monthly volume is no where near in those levels it could absorb current emission so I believe there's a big hoarding going on from miners. Market cap rises fast just because of the emission. If the prices spike more from now we could see a big correlation once miners stop hoarding and cash out against fat buy support. Which sounds very crypto-like.

Yeah, the entire cryptosphere is in a bubble right now, so everything is enjoying a high at the moment.  You're posting a sensible view that, unless there's enough demand, these could see lower values.  ZClassic hit above $10 recently, meaning it's now returned over 34 multiples from its low to high.
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May 06, 2017, 04:10:28 PM
 #1869

In which ways is Zclassic differentiating itself from Zcash? Or does Zclassic just plan to be a litecoin(ish) clone?

Looking to possibly invest but need to see some innovation.
It's a clone, no change except removal of founders reward and slow start, considering that i would not buy now(might sell the 17 i mined). It will according ti devs split into two chains soon(zencash will be created), i personally dislike zencash but i would not be surorised if it did well when it comes ti marketcap.

Did not expect over 9$ already, i underestimated this shit.

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May 06, 2017, 08:05:00 PM
 #1870

In which ways is Zclassic differentiating itself from Zcash? Or does Zclassic just plan to be a litecoin(ish) clone?

Looking to possibly invest but need to see some innovation.
It's a clone, no change except removal of founders reward and slow start, considering that i would not buy now(might sell the 17 i mined). It will according ti devs split into two chains soon(zencash will be created), i personally dislike zencash but i would not be surorised if it did well when it comes ti marketcap.

Did not expect over 9$ already, i underestimated this shit.

I am fairly new to ZCL and I am wondering why you do not like Zencash? master node thing?
adolf512
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May 06, 2017, 09:08:52 PM
 #1871

I am fairly new to ZCL and I am wondering why you do not like Zencash? master node thing?
Yes i do have a problem with the masternode concept, it's a bad idea for many reasons. Also we have not seas much details about zen yet and it has been very confusing with contradicting information, i am not confident they will actually deliver anything noticeable.

fittsy
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May 06, 2017, 11:13:55 PM
 #1872

Zen will be big because it is new technology.

I don't want to spam the Zclassic thread but if you read a little bit about Zen you'll realize it is introducing something new.  New technology is always big in crypto.  Even if they make mistakes coins with new technology tend to be top 10-20 coins.

MinerParts - 8 GPU Riserless motherboard with Intel 3855 CPU - 1600w fully modular power supply
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May 07, 2017, 05:19:40 AM
 #1873

Just have to remember there's about 215 000 new ZEC/ZCL/ZEN every month and to maintain the current prices markets have to eat quite a lot of new coins. Monthly volume is no where near in those levels it could absorb current emission so I believe there's a big hoarding going on from miners. Market cap rises fast just because of the emission. If the prices spike more from now we could see a big correlation once miners stop hoarding and cash out against fat buy support. Which sounds very crypto-like.

Yeah, the entire cryptosphere is in a bubble right now, so everything is enjoying a high at the moment.  You're posting a sensible view that, unless there's enough demand, these could see lower values.  ZClassic hit above $10 recently, meaning it's now returned over 34 multiples from its low to high.

That's a nice return. Only very few catch the bottom, but for many investors these has been a nice ride so far. Can you count how much Market Cap multiply during that same span to recover my point of the emission?
gunnaman2002
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May 07, 2017, 07:01:27 AM
 #1874

ZCL name change idea: ZBits or BitCash
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May 07, 2017, 08:50:26 AM
 #1875

Only 96 pages..... Equihash sure has users divided.... Probably because of the whole Founders fee from the Original which gave the Algorithm a bad rap....
ccminer.net
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May 07, 2017, 04:35:50 PM
 #1876

How to mine ZCLASSIC?
I don't want to pay a developer tax!
what miner I should use for my GPUs?
fittsy
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May 07, 2017, 08:51:58 PM
 #1877

How to mine ZCLASSIC?
I don't want to pay a developer tax!
what miner I should use for my GPUs?

Claymore Zcash miner or Optiminer Zcash miner.

MinerParts - 8 GPU Riserless motherboard with Intel 3855 CPU - 1600w fully modular power supply
Best quality PCIe Powered Risers Shop on Amazon - Shop on eBay - or ship direct at MinerParts.com <- best for international or crypto purchases
blackhawk101
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May 07, 2017, 10:16:52 PM
 #1878

ZCL name change idea: ZBits or BitCash

ZASH
Calangaman
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May 07, 2017, 10:18:11 PM
 #1879

Just have to remember there's about 215 000 new ZEC/ZCL/ZEN every month and to maintain the current prices markets have to eat quite a lot of new coins. Monthly volume is no where near in those levels it could absorb current emission so I believe there's a big hoarding going on from miners. Market cap rises fast just because of the emission. If the prices spike more from now we could see a big correlation once miners stop hoarding and cash out against fat buy support. Which sounds very crypto-like.

Yeah, the entire cryptosphere is in a bubble right now, so everything is enjoying a high at the moment.  You're posting a sensible view that, unless there's enough demand, these could see lower values.  ZClassic hit above $10 recently, meaning it's now returned over 34 multiples from its low to high.

That's a nice return. Only very few catch the bottom, but for many investors these has been a nice ride so far. Can you count how much Market Cap multiply during that same span to recover my point of the emission?

I'm not sure that the current flow of money in the crypto world qualifies as a bubble.
There is a real need for alternative currencies around the world. In my view, it's just the beginning and big money is coming in.
It looks similar as Nasdaq in 1999. There are Googles and Boo.com in the jungle. People will gradually distinguish dogs from lions.

As for ZCL, we are all happy with the current valuation but I agree that it has probably risen too quickly. There are now less buyers and sellers seem to forget inflation. We will see if some profit taking happens in the coming weeks.
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May 08, 2017, 04:30:53 PM
 #1880

ZCL name change idea: ZBits or BitCash

ZASH

2nd
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