blackhawk101
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May 07, 2017, 10:16:52 PM |
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ZCL name change idea: ZBits or BitCash
ZASH
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Calangaman
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May 07, 2017, 10:18:11 PM |
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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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ccccccc7
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May 08, 2017, 04:30:53 PM |
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ZCL name change idea: ZBits or BitCash
ZASH2nd
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marketorder
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May 08, 2017, 09:44:00 PM |
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How many Zen will exist? Will it roughly be the same supply as Zclassic when Zen is released?
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krishna108
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Activity: 68
Merit: 0
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May 09, 2017, 08:15:44 AM |
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wHY THE NOOBS ARE SELLING, zen WILL BE PRICED MINIMUM AT 50 DOLLARS!!! Good for us buyers, but i dont get it, maybe they dont know for ZEN yet??
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Calangaman
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May 09, 2017, 08:24:23 AM |
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There is a global sell off of alts, ZCL is no exception.
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RisitasIssou
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May 09, 2017, 10:08:16 AM |
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wHY THE NOOBS ARE SELLING, zen WILL BE PRICED MINIMUM AT 50 DOLLARS!!! Good for us buyers, but i dont get it, maybe they dont know for ZEN yet??
Because there is a whale that has been falled the price of Zclassic
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Calangaman
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May 09, 2017, 11:22:42 AM |
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There is currently a motorway large spread on ZCL at 38-41... Will the sellers hold ?
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fittsy
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May 09, 2017, 07:39:48 PM |
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BIG news.The ZClassic / Zen split will occur at block 110,000. NOT on May 23rd.https://blog.zencash.io/big-news-chain-split-from-zclassic-now-at-block-110000/This is to give more time for the developers. For example: it will give Bittrex time to test their support for the split. This is good news! But it means we only have a week left to mine/purchase ZClassic to get our Zen in the split. If you're looking for a pool, check my sig 
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rmtodd618
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May 09, 2017, 11:44:22 PM |
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I have 0 connections on my linux wallet. Can someone provide nodes to add?
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9Bank
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May 10, 2017, 05:58:45 AM |
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 Isn't this name thing actually a bear hug joke? I mean, everyone knows Zooko likes the symbol, ZCL, so where's the rest of this coming from?
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alezcl
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May 10, 2017, 07:14:18 AM |
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hi, i had my eleos wallet deleted, but i have a backup of ZcashParams and Zclassic folder, these are the folders that can be found under the roaming folder, can i restore my wallet with those files?
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komodomining
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May 10, 2017, 09:57:29 AM |
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http://zclassic.cloud Pool Fee 0%Join our pool and mine with us Now!
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MININGPOOLS.CLOUD - reliable mining pools with low fees and multi algo stratum pools - FOLLOW us on twitter twitter.com/miningpoolcloud @miningpoolcloud | MININGPOOL ECOSYSTEM [ KOMODOMININGPOOL.COM | RAVENCOIN.MININGPOOLS.CLOUD ]
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easypeasy
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May 10, 2017, 07:57:46 PM |
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hi folks i have some zclassic in bittrex do i just leave them there too collect the zen or do i need to do something else, thanks for any help
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fittsy
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May 10, 2017, 08:05:21 PM |
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A few people have asked about how to mine ZClassic. ZClassic uses the Equihash algorithm so you can use any of the Zcash miner software. I put together a quick video to show you “ How to mine ZClassic" using the Claymore Zcash miner and ELFpool. ELFpool currently has no fees. Mine all you can now before block 110,000 and the split that creates 1 ZEN for every 1 ZCL you own. https://youtu.be/Et_aNwb56g8
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easypeasy
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May 10, 2017, 08:18:22 PM |
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thanks very much kind sir
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Yapis001
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May 11, 2017, 10:30:38 AM |
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Yup +/- one week and it hit 110 000 and then we receive our ZEN, cant wait  , price is really nice because of btc, definitely good buy opportunity.
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tacaro
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May 11, 2017, 01:37:03 PM |
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What is the best short term strategy after the 23 rd may ? Will Zcl dump after the fork ? Will Zencash has the same value than Zcl ?
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Calangaman
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May 11, 2017, 01:41:48 PM |
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What is the best short term strategy after the 23 rd may ? Will Zcl dump after the fork ? Will Zencash has the same value than Zcl ?
Nobody knows but I expect a correction of ZCL after the split, due to inflation and fewer incentives to buy. As for ZEN, there should be some immediate profit taking while others will stay long. The first week of trading will be interesting to watch. Anyhow ZCL and ZEN have good long term prospects.
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