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Author Topic: zcash soon 0.2 btc!  (Read 27479 times)
Xember
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April 05, 2017, 02:46:53 PM
 #301

ZCash has a unique mining process based on the implementation of Genesis keys or "master private key", which is the responsibility of a small group of six individuals, only they have access. This is a crucial and necessary key for the anonymity mixer on the ZCash network to operate properly. If this key is leaked out of this small group however, the owner of this key will be able to produce an unlimited amount of ZCash, I hope these keys are pretty safe.

If all of them are killed at similar time, will ZCash still be usable?
Beparanf
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April 18, 2017, 06:36:11 AM
 #302

Lol you are thoses kind of people who are simply creating hype the price is currently at 74$ which is 30$ more than the sale price. I hope the investors realise that it won't grow more and anyways 30$ profit isn't bad as it is almost double the investment.

If the bitcoin's transaction is too high, ordinary persons will use cheaper coins to buy things. ZEC is one of those coins.



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Dadiansun
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April 22, 2017, 07:18:27 AM
 #303

Lol you are thoses kind of people who are simply creating hype the price is currently at 74$ which is 30$ more than the sale price. I hope the investors realise that it won't grow more and anyways 30$ profit isn't bad as it is almost double the investment.

If the bitcoin's transaction is too high, ordinary persons will use cheaper coins to buy things. ZEC is one of those coins.

That could be the reason the price is high.
shamzblueworld
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April 22, 2017, 02:02:55 PM
 #304

I expected a big pump after the news about Apple accepting ZCash as legitimate crypto broke, but it did not actually affect that much. Why do you guys think that is?
Is it because ZCash was already as usable that it didn't matter another company accepting it?
VanDeinsberg12
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April 22, 2017, 02:49:12 PM
 #305

Lol you are thoses kind of people who are simply creating hype the price is currently at 74$ which is 30$ more than the sale price. I hope the investors realise that it won't grow more and anyways 30$ profit isn't bad as it is almost double the investment.

If the bitcoin's transaction is too high, ordinary persons will use cheaper coins to buy things. ZEC is one of those coins.
ZEC is an alternative coin to save the bitcoin trader's money. What is the meaning of use cheaper coin to buy things? Can you give more specifi idea about that?

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April 23, 2017, 03:20:22 AM
 #306

ZCash has a unique mining process based on the implementation of Genesis keys or "master private key", which is the responsibility of a small group of six individuals, only they have access. This is a crucial and necessary key for the anonymity mixer on the ZCash network to operate properly. If this key is leaked out of this small group however, the owner of this key will be able to produce an unlimited amount of ZCash, I hope these keys are pretty safe.

That is quite worrying. Is there a way to prevent the leak?

My understanding was that the keys were only needed to initiate the process and were then supposed to have been destroyed. They were created by six different people, including Peter Todd, a BTC dev who had a skeptical attitude towards Zcash (but was willing to participate when asked by the Zcash team, as it helps to have such an outsider as one of the six.)

There's no way to utterly disprove the idea that someone pulled some stunt with the keys at some point at the point of launch, but the publicized process for creating the keys and deploying them sounded pretty robust and appropriately paranoid.

If anyone has more concrete info I appreciate correction, I'm just going by what I recall from 5-6 months ago.

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Esdanit
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April 23, 2017, 07:38:39 AM
 #307

Lol you are thoses kind of people who are simply creating hype the price is currently at 74$ which is 30$ more than the sale price. I hope the investors realise that it won't grow more and anyways 30$ profit isn't bad as it is almost double the investment.

If the bitcoin's transaction is too high, ordinary persons will use cheaper coins to buy things. ZEC is one of those coins.
ZEC is an alternative coin to save the bitcoin trader's money. What is the meaning of use cheaper coin to buy things? Can you give more specifi idea about that?

The transaction fee is also very low.
rcmiranda01
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April 24, 2017, 01:32:59 AM
 #308

Any news about zec?

When will we see a 75usd again?

Stay positive. Good things will happen.
ebliever
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April 24, 2017, 03:18:51 AM
 #309

Any news about zec?

Slushpool is adding Zcash mining! That's pretty significant news, as they are the oldest mining pool and this is the first time they've added another crypto besides bitcoin (and merged mining). It raises an interesting question, why would a major mining pool start mining little Zcash... unless they don't expect it to stay little much longer?

https://cointelegraph.com/news/what-to-mine-after-ethereums-pos-worlds-first-bitcoin-mining-pool-adds-zcash-support

Luke 12:15-21

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TheGodFather
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April 24, 2017, 04:15:26 PM
 #310

as i say few days ago..its come closer and closer...no more panic buy...

as time passes by, more people are spending their bitcoin somtimes in zcash site, because they are believing that zcash will live so much longer. I believe it too that zcash will be one of the most powerfull coin in the market,it also has a very good value too when we convert it in bitcoins. just be cool , money will follow us, not now but eventually.
Yussian
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April 24, 2017, 05:13:40 PM
 #311

as i say few days ago..its come closer and closer...no more panic buy...

as time passes by, more people are spending their bitcoin somtimes in zcash site, because they are believing that zcash will live so much longer. I believe it too that zcash will be one of the most powerfull coin in the market,it also has a very good value too when we convert it in bitcoins. just be cool , money will follow us, not now but eventually.

I have converted some of the bitcoins into zcash.
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April 25, 2017, 02:00:17 AM
 #312

Zcash is an interesting coin no doubt, but it does have issues.

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April 25, 2017, 02:30:09 AM
 #313

as i say few days ago..its come closer and closer...no more panic buy...

Soon $2
Just give it a couple of months....

ah,thats not possible...mining cost too much...and project is good,but hype was too big

Lol. $2 isn't possible? I wonder if he's gone back and read what he posted.. Just look at the price. It's more than 20x his "Impossible" $2 prediction.. It's currently sitting at .054 or $70. I really wish this guy would come back and just read what he posted Tongue
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April 25, 2017, 07:13:30 AM
Last edit: April 28, 2017, 06:03:23 AM by sayyedraza
 #314

i talk today with some guys..as its look zcash is under botnet attack..so price will soon hit 100$ or even les and real miners will gone and go back to eth..Wink if its all true,but its look its it,then soon zcash will hit 20$!

ZCL will be mooning soon instead of Zcash ,
because ZCL will be soon ZEN
So be prepared your self for ZEN and buy seats for great ride  Grin

Thanks
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Dagmon
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April 28, 2017, 07:09:59 PM
 #315

Zcash is an interesting coin no doubt, but it does have issues.

What are the specific issues?
subodhmore123aqs
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April 28, 2017, 07:30:31 PM
 #316

Isnt zcash overvalued coin or i am wrong here  Huh

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April 30, 2017, 05:56:15 PM
 #317

Isnt zcash overvalued coin or i am wrong here  Huh

If the price keeps on rising, then it is not overvalued.
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April 30, 2017, 06:49:13 PM
 #318

For how long do you think it will stay 100$ with DASH? BTW didnt see any "pump-news" about Zcash or smb hyping it a lot. Dont you think ZEC>monero+dash at close future?
TheGodFather
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May 01, 2017, 01:29:04 AM
 #319

as i say few days ago..its come closer and closer...no more panic buy...

Soon $2
Just give it a couple of months....

Wow it looks great , i hope that it will be next to bitcoins and long live as time passes by I have interest on it too. I hope that it will increase its value and many people get interested on it. I hope that I can invest to it too. Hoping that I have a right amount of coins so that I will be one of those earners of zcash now, but for now I will keep an eye on it.
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May 01, 2017, 07:37:29 AM
 #320

Zcash is an interesting coin no doubt, but it does have issues.

What are the specific issues?
I am not sure what gollygosh meant but I can name one problem at least. Its name is 'Genius tax'. Miners have to pay the creators of z-cash huge amounts of money which makes mining less profitable. And this tax is huge, it is worth 20%! That is what lead to the development of z-classic but the latter is still weak and it is hard to say whether it will be able to survive.

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