Is Zcash worth to invest in it?

[synthgauge]

Trading with zcash is okay and worth short trading for the
meantime. Its risky to keep the coins for the long term,
since the price been high and new release in the market.
Stay at the safe side and be wise enough on trading this
altcoin.

Shorts is for finex only. Sadly polo messed with CFTC and seemingly got an embargo on expanding the margin section. So no shorts for me. The situation replays the situation with ETC that was ignored as well as REP. Overall, my reading has the impression that Zcash will be dying over the next 10 months pretty much like STEEM. So shorts are appreciated but unattainable for now.

[nzminer]

If you guys think Zcash is bad, well you only have to look at the likes of STEEM and say to yourself that at least you are better off than the STEEM bagholders! lol

[Searing]

 Well maybe after this little action by the IRS zcash (and/or the underlying protocol) may be the wave of the future.

  https://news.bitcoin.com/irs-demands-coinbase-records-probe/

  I hold and mining I report to the IRS. (understandable IRS is otherwise annoyed when you pull $$$ out of the air..which is what crypto mining looks like)

 But need a receipt for every 0.0001 and above say BTC or LTC transaction! then figure out capital gains on each!

 Well ... the IRS seems to not want to follow the Gov't audit on making crypto easier. Thus just lashing out with the 2014 IRS guidelines for ALL transactions.

 Anyway. No idea. But the IRS has tried to enforce dumber things then this. So who knows.

 Most likely if they really push this method there would be a code change in all crypto BTC/LTC etc with zcash like features.

 Anyway if you believe the IRS is out to get you ...zcash will benefit from the FUD.

   

[Nahl]

many people has been says that invest or trade for Zcash is not profitable because everyday the price has decrease but volume support for Zcash still high on poloniex over than 600 BTC for each day I would not say my prediction will be 100% correct but seems some people still invest for this coin and there is a chance for the price go up soon but it's just pure speculation from me

[JeffBrad12]

If you guys think Zcash is bad, well you only have to look at the likes of STEEM and say to yourself that at least you are better off than the STEEM bagholders! lol

Nope, I may think xmr bag holder and I feels grateful with that.

many people has been says that invest or trade for Zcash is not profitable because everyday the price has decrease but volume support for Zcash still high on poloniex over than 600 BTC for each day I would not say my prediction will be 100% correct but seems some people still invest for this coin and there is a chance for the price go up soon but it's just pure speculation from me

It is good for those people are the first bag holder. And the next it was becoming the horrible future this time.
600btc is a small value for the coin was starting with over 3k btc at early launch.

[PAMPT]

The thing is here in cryptoland 90% of predictions driven by logic, thoroughness and due diligence never come true. Its amazing how ZEC prognosis seems to be working out in the exact scope forecased before the actual launch. It has been said ZEC will suck ass and it does it. And who recalls bitmex contracts were trading at 10 BTC per ZEC this Halloween?

[poloniexwhale]

Never invest in zcash, it is very shady, you know.    The founder team gets free 20% reward which I assume it is unfair, I would rather they have an ico to investors, not such a shady behaviour, to reserve every 20% share of mined coins, it is same as premine coins. And polo pumped it to 3300 btc at launch, definitely an insider trading

I would still go with a 20% founder reward like what Zcash or Zcoin has compared to a full POS ico AND the founders holding another 10% of the coins released before the software is even released. This also gives an incentive in their own currency (and not USD or Bitcoin) to keep on working.

We can argue that the 20% is a bit too high, but still better compared to the rest of the schemes.

I agree with you, too high but similar scheme to other projects reserve with incentives, which is acceptable, I am just angry about too high reserve. But this is free market, we can't control people buy or sell, I just remind those who as well think this is too high and unfair

[shanem]

It is not even worth to consider to invest in Zcash. The market cap is around 58k Zcash at the moment and the supply will keep growing till 21 million.
The price will continue sliding down as the coin supply keeps increasing. Buying Zcash now is like holding a hot potato where its value will keep dropping. My advice is to wait for Zcash coin supply to be more than 1 million before considering to buy.

[Searing]

It is not even worth to consider to invest in Zcash. The market cap is around 58k Zcash at the moment and the supply will keep growing till 21 million.
The price will continue sliding down as the coin supply keeps increasing. Buying Zcash now is like holding a hot potato where its value will keep dropping. My advice is to wait for Zcash coin supply to be more than 1 million before considering to buy.

Probably good advice...myself I am 'mining' Zcash with 2 5 card GPU rigs.....all them flashing LED's and whirly noises of the fans on the GPU's.....

not likely my 'wisest' move don't ya know. But anyway figure it will dump...difficulty will go down...maybe hoard some...see where it goes....

(mainly to keep my shiny led's and whirly soothing noises going ..don't ya know...)

Right now mining it direct to BTC. AT SOME POINT it will not pay (or if so maybe electric) then choices will have to be made on if zcash has 'legs' or will 'fade'

So as to 'investing in Zcash' ..er well ...not sure ...but will get a lot of computer stuff and gpu cards in the event gpu mining goes bye bye....

(frigging crypto silly hobby!)

[Fastserv]

It is not even worth to consider to invest in Zcash. The market cap is around 58k Zcash at the moment and the supply will keep growing till 21 million.
The price will continue sliding down as the coin supply keeps increasing. Buying Zcash now is like holding a hot potato where its value will keep dropping. My advice is to wait for Zcash coin supply to be more than 1 million before considering to buy.

The price is still over inflated at the moment. When the price stays around $20 for some time, it could be good to buy.

[Hamliss]

It is not even worth to consider to invest in Zcash. The market cap is around 58k Zcash at the moment and the supply will keep growing till 21 million.
The price will continue sliding down as the coin supply keeps increasing. Buying Zcash now is like holding a hot potato where its value will keep dropping. My advice is to wait for Zcash coin supply to be more than 1 million before considering to buy.

The price is still over inflated at the moment. When the price stays around $20 for some time, it could be good to buy.

That is right. It is better to wait for about 6 months and see if the ZCash is accepted by any merchants.

[JeffBrad12]

It is not even worth to consider to invest in Zcash. The market cap is around 58k Zcash at the moment and the supply will keep growing till 21 million.
The price will continue sliding down as the coin supply keeps increasing. Buying Zcash now is like holding a hot potato where its value will keep dropping. My advice is to wait for Zcash coin supply to be more than 1 million before considering to buy.

The price is still over inflated at the moment. When the price stays around $20 for some time, it could be good to buy.

That is right. It is better to wait for about 6 months and see if the ZCash is accepted by any merchants.

The primary pump can happen anytime. This no sense for me to hear zcash will get accept by the merchant.
Starting from 2009 bitcoin had got announced for public, six years was passing and what about the mass adoption of bitcoin by the merchant?
I could have said if that was taking more than bitcoin. It is fair to get compare.

[Azael]

Not right now but in the future I believe it might. Price discovery is impossible right now.

[Retailatmon]

Not right now but in the future I believe it might. Price discovery is impossible right now.

I saw this on http://zcash.flypool.org/

Because of another bug in Zcash version 1.0.2 we are still unable to send transactions to z addresses! Therefore DO NOT use z addresses to mine on the pool for now.

[jovs]

Since Zcash launch, prices have been around the $1000+ mark, however after a few days the price has gone down, and I think that it will continue to do so for the following days until it reaches the total supply of 21 million coins.

In my own opinion, Zcash has been overvalued, (considering that there have been privacy oriented altcoins before like Monero) and the fact that Zcash does not enforce anonymity by default (unlike Monero), it makes me wonder whenever Zcash would be a good investment or not.

If there is one thing that I don't like about Zcash, is the fact that it is behind a company, as well as having a sort of premine called Founder's reward, which seems kind of fishy to me.

Please let me know what do you think about this. 

No. I would not prefer to invest my money in zcash, I dont see it worthy ti invest in. Though it was said mire secured bmthan bitcoin, it was over valued. It was overpower that could lose your money in a short period of time.

[The_prodigy]

Since Zcash launch, prices have been around the $1000+ mark, however after a few days the price has gone down, and I think that it will continue to do so for the following days until it reaches the total supply of 21 million coins.

In my own opinion, Zcash has been overvalued, (considering that there have been privacy oriented altcoins before like Monero) and the fact that Zcash does not enforce anonymity by default (unlike Monero), it makes me wonder whenever Zcash would be a good investment or not.

If there is one thing that I don't like about Zcash, is the fact that it is behind a company, as well as having a sort of premine called Founder's reward, which seems kind of fishy to me.

Please let me know what do you think about this. 

I think this Zcash will be scam people soon why because the price of this coin is really high and we do not know when this coin going to live in the long run and if we are going to keep trusting this coin we are going to regret soon i never use this because i know the cause in the end wake up people

[Abiky]

Never invest in zcash, it is very shady, you know.    The founder team gets free 20% reward which I assume it is unfair, I would rather they have an ico to investors, not such a shady behaviour, to reserve every 20% share of mined coins, it is same as premine coins. And polo pumped it to 3300 btc at launch, definitely an insider trading

Definitely agree with you, especially the part about founder's reward. It's very similar to a premine with the only difference of the coins being collected among different miners, to build up those "premined" coins so that founders of the coin can get a quick buck once the price increases. That is why prefer to choose a fork from Zcash instead like Komodo, or Zclassic in which employ a fair mining system with absolutely no founder's reward. By eliminating that scheme, it could make the coin rise in price over the long term. Just my opinion. 

By the way, another coin I'm looking to invest into is Zcoin. This last one will be on the top list of my altcoin investments.

[dearbesz1219]

Since Zcash launch, prices have been around the $1000+ mark, however after a few days the price has gone down, and I think that it will continue to do so for the following days until it reaches the total supply of 21 million coins.

In my own opinion, Zcash has been overvalued, (considering that there have been privacy oriented altcoins before like Monero) and the fact that Zcash does not enforce anonymity by default (unlike Monero), it makes me wonder whenever Zcash would be a good investment or not.

If there is one thing that I don't like about Zcash, is the fact that it is behind a company, as well as having a sort of premine called Founder's reward, which seems kind of fishy to me.

Please let me know what do you think about this. 

Their biggest drawback is the founder's rewards,and the anonymity,this coin is over hype,zcoin is a much better version I prefer the later than the former..

Soon this coin will lose hype and we will see it's real value.

Indeed, Zcash for is no difference in the ponzi scheme like what other coins rises before, once they collect big amount money they run away immediately and the investors will do nothing about it. There just hyping the people only,

[Mvaporis1961]

I don't believe in Zcash. Even though i saw that coin in a exchanger site and has a very high price it doesn't change my mind. For me, Zcash is just another type of hype where newbie traders or investors is one of their target because in my opinion, a real altcoin or crypto-currency always start from the bottom and it builds trust during years and not only a week or even days. Zcash is just a hype and it will be turn to scam later, Stay away from that coin.

[Kotone]

Nope for me zcash is just a scam coin this is really expensive when you are going into market and see the price of zcash if you are going to buy it and wait again for the price increase then you're like throwing your money in garbage hahaha without any emotion lmao don't invest on this coin.