Trading advice needed for zcoin

[aziernest]

Hi,

I would like to know if you are/were into zcoin, how many you are holding now, and what advice would you give for it? should I sell all of them? or wait for 6 months to an year to see where it goes ?

appreciate your response, if possible, please mention if you are still holding zcoin yourself (an approximate number would be great to know)


P.S: it's zcoin (xzc) NOT zcash (zec),

[tyz]

I've been following ZCoin since the announcement and very intensely since the release. I personally believe that the price is still far too high. I've already said that at $ 1000 and I say that at $ 200. I do not know exactly where the fair price is, but definitely far below $ 100 IMHO. I will probably buy ZCoins when there is a meaningful number of coins available and the price was found a bottom for some time.

[thejaytiesto]

I've been following ZCoin since the announcement and very intensely since the release. I personally believe that the price is still far too high. I've already said that at $ 1000 and I say that at $ 200. I do not know exactly where the fair price is, but definitely far below $ 100 IMHO. I will probably buy ZCoins when there is a meaningful number of coins available and the price was found a bottom for some time.

ZCoin has never been at 1000$.... you must be talking about ZCash. People constantly get confused with Zcash. If you are talking about Zcash, I would personally not get involved because the price may keep getting stagnant.

If you are talking about Zcoin... maybe I would buy some, it's at 0.0042 right now, not sure if it will stagnate or have a big pump thanks to poloniex.

[aziernest]

You certainly mixed zcoin (xzc) with zcash (zec), I am going to edit my thread and making it bold for everyone else not to be confused.

Thanks for your feedback though :-)

I've been following ZCoin since the announcement and very intensely since the release. I personally believe that the price is still far too high. I've already said that at $ 1000 and I say that at $ 200. I do not know exactly where the fair price is, but definitely far below $ 100 IMHO. I will probably buy ZCoins when there is a meaningful number of coins available and the price was found a bottom for some time.

[rapazev]

i know it's ZCOIN and not ZCASH, but for now, due to their similarity, i dont see zcoin pumping.
ZCASH is in slow mining process and the price will decrease until december(that's for sure, no way it will pump until slow mining ends) and because of that i'm sure zcoin will suffer too.

altcoin market always connect similar coins. It's like XMR pumping and other anon coins pumping too, bitcoin pumping/dumping and litecoin pumping/dumping too.

[aziernest]

thank you for your feedback, it's much appreciated :-)

i know it's ZCOIN and not ZCASH, but for now, due to their similarity, i dont see zcoin pumping.
ZCASH is in slow mining process and the price will decrease until december(that's for sure, no way it will pump until slow mining ends) and because of that i'm sure zcoin will suffer too.

altcoin market always connect similar coins. It's like XMR pumping and other anon coins pumping too, bitcoin pumping/dumping and litecoin pumping/dumping too.

[pereira4]

i know it's ZCOIN and not ZCASH, but for now, due to their similarity, i dont see zcoin pumping.
ZCASH is in slow mining process and the price will decrease until december(that's for sure, no way it will pump until slow mining ends) and because of that i'm sure zcoin will suffer too.

altcoin market always connect similar coins. It's like XMR pumping and other anon coins pumping too, bitcoin pumping/dumping and litecoin pumping/dumping too.

I have been reading some partial research, and it seems that Zcoin distances itself enough from Zcash to exist... it employs different techniches, the most important being the one that avoids the stupid as hell necessity of needing to trust that the developers delete the masterkey that has access to all the coins (without possibility of ever knowing this is the case since we can't know for sure, since the blockchain is obscured)

On other news, XMR has pumped a good 20% in the last days, looks like 0.006 was the time to enter. We'll see how long it lasts.

[hisuka]

Im also following Zcoin for a week now, and I dont see the
price is moving in the exchange. Ive been really confusing
if I have to hold onto this coin since I dont see the dump
and pump in this coin.

[Burmik123]

XZC is very interesting and undervalued coin. I was in it from the very beggining. XZC does not have a really big pump yet, and now the price is on low. So, i belive that soon it will do a big money for me. By the way, dont forget, that Zcash pump will take xzc price up too, because this coins like a bitcoin and litecoin. The best way i see, is to accumulate cheap coins now, or  try to mine it.

[adhitthana]

7200 new coins released every day for the next 4 years!!!

Who will buy all these coins every day for the next 4 years?

5.5 bitcoins worth every day.  $4000 worth of new coins every day.

Founders get 20%. At the current "low" price the founders will get $800 USD every day for the next 4 years.

Every day these coins are getting dumped. Why buy it?