e-coinomist
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Activity: 2380
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Money often costs too much.
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February 24, 2017, 10:42:07 PM |
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A premine renders a currency worthless. This will never anymore be accepted. Those times are over by now.
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Make sure you back up your wallet regularly! Unlike a bank account, nobody can help you if you lose access to your BTC.
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Fastserv
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February 25, 2017, 08:30:32 AM |
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There had been mentionings of blockchain bloat regarding monero. And RingCT seems to escalate that further.
The mining subsidity of Zcash is unacceptible, there even exists a "classic" fork (inspired by ETC probably) to avoid these.
Yes. That is one of the things that it should be of concern to Monero developers, as blockchain bloat would cause huge delays within transaction confirmations, as well as limit its ability to scale at any time. In the case of ZCash, it had a bad launch and unfair distribution, so it would render its ability to rise in price and traction anytime soon. The founder's reward, in my own opinion, looks more like a premine to me. No, not worth. The share of mining for the founders is a turnoff and the hype is now over. The price is slowly falling and i wonder how the guys who bought zcash at 7btc on launch are feeling right now
The hype is one of the things that caused ZCash's price to rise exponentially, but it only lasted for a few days, making it now a huge loss for those who invested into it, in its early days. Maybe after the founder's reward period is over, ZCash's price could rise back up to its initial levels, but it would be up to debate whenever the same could deliver usability and worldwide acceptance from individual, businesses, and companies. In the meantime, we would need to be patient until the markets stabilize and reflect ZEC's true value. Just sharing my thoughts. The loss is not huge for the early buyers as the volume is very small.
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Calangaman
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February 26, 2017, 10:34:09 AM |
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Zclassic (ZCL) is trading at a very attractive entry price now. Offers greater long term value than ZEC.
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eckmar
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Activity: 1878
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Telegram: https://t.me/eckmar
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February 26, 2017, 10:53:53 AM |
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Zclassic (ZCL) is trading at a very attractive entry price now. Offers greater long term value than ZEC.
Not really. Currently yes much better price but It can never succeed. ZCL development team is pretty shit. Zcash on the other side got very good development team but as we can all see they are pretty greedy
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wavespump
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February 26, 2017, 11:24:09 AM |
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No, it is not worth to invest now because the current price is a bit overvalued, it can be worth to be all in when the price is sub 0.01 btc. If you buy now, you will be dumped by Zcash dev team members and big miners.
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xtyling
Sr. Member
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Activity: 588
Merit: 250
Crypto is Life!
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February 26, 2017, 06:49:11 PM |
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No, it isn't worth
The Hype is over and the share to the founder's is a turn off. Price will drop and people will realize that there are other alts better
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kumax
Full Member
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Activity: 182
Merit: 100
🚀 🌏
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February 26, 2017, 10:19:58 PM |
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No, it isn't worth
The Hype is over and the share to the founder's is a turn off. Price will drop and people will realize that there are other alts better
True. It was a very promissing project with a good dev team, but greed can destroy everything and I doubt Zcash will ever return to its previous hights. On the other hand, I think there is still a group of pretty big investors which don't want to loose their money, so maybe we could be surprised with some pumps and dumps in the end.
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shinratensei_
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Leading Crypto Sports Betting & Casino Platform
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February 27, 2017, 12:08:46 AM |
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No, it isn't worth
The Hype is over and the share to the founder's is a turn off. Price will drop and people will realize that there are other alts better
That's just fake hype. how many peoples are losing his amount on the hype session of zcash. The price will be equal with the second market cap coin. I just take a monero to get compare with zcash and I seems monero really worth rather than zcash.
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cdrking
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Activity: 35
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February 28, 2017, 01:30:37 PM |
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No, it isn't worth
The Hype is over and the share to the founder's is a turn off. Price will drop and people will realize that there are other alts better
What the heck? I thought that this project will be on the hype for consecutive years. But I'm wrong.
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PovertyByte
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March 01, 2017, 04:43:52 AM |
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Zclassic (ZCL) is trading at a very attractive entry price now. Offers greater long term value than ZEC.
Not really. Currently yes much better price but It can never succeed. ZCL development team is pretty shit. Zcash on the other side got very good development team but as we can all see they are pretty greedy ZEC has a larger dev team and got beat by ZCL to develop a windows wallet What are the miners paying out 20% to them all for? ZEC is a special interest pump and dump coin. In time either ZCL or KMD will overtake it, maybe even ZCoin will.
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densuj
Legendary
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Activity: 910
Merit: 1000
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March 01, 2017, 04:57:12 AM |
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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. Well depend on your strategy investing on zcash, if you want make investments into zcash for short time, I think it is good because the price is fluctuation but if you want make investments for long time, why you don't choose bitcoin or ethereum that has big marketcap, updating from developers and comunity of coins.
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lerryne
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Activity: 12
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March 01, 2017, 07:19:35 AM |
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Zcash is too dark, if some one fake a lot of coins no body even know that.
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ether19
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March 01, 2017, 07:58:57 AM |
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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. Well depend on your strategy investing on zcash, if you want make investments into zcash for short time, I think it is good because the price is fluctuation but if you want make investments for long time, why you don't choose bitcoin or ethereum that has big marketcap, updating from developers and comunity of coins. I got somewhat of the same strategy, it is good to trade Zcash, XMR, DASH , ZEC and hold in bitcoin for long term investment. I think anon or dark coins such as these are best for trading and when it comes to investing it is best to stick with bitcoin and other DAPP coins or coins whose value is derived from a project it supports such as Ethereum, Maidsafe, Storj.
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kryptqnick
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Merit: 1385
Join the world-leading crypto sportsbook NOW!
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March 01, 2017, 08:33:08 AM |
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No, it is not worth to invest now because the current price is a bit overvalued, it can be worth to be all in when the price is sub 0.01 btc. If you buy now, you will be dumped by Zcash dev team members and big miners.
That's what I thought when I looked at the price dynamics. Nevertheless, the max supply of z-cash is 21 million which means it has chances to become just what bitcoin is right now. However, the hidden transactions frighten me a bit and as far as I am posotive z-cash is a Russian alternative to btc, I don't trust it. Why do I think it's russian? Because there aren't many famous public groups on cryptocurrencies in the famous russian social network (vk.com) and there is such on z-cash.
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hasiramasenju
Legendary
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Activity: 980
Merit: 1000
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March 01, 2017, 08:40:52 AM |
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No, it isn't worth
The Hype is over and the share to the founder's is a turn off. Price will drop and people will realize that there are other alts better
True. It was a very promissing project with a good dev team, but greed can destroy everything and I doubt Zcash will ever return to its previous hights. On the other hand, I think there is still a group of pretty big investors which don't want to loose their money, so maybe we could be surprised with some pumps and dumps in the end. yes it's true because when the price was so high i thought there would not be huge dump for this coin and i start to consider invest for ZEC but everything was change when this coin has dumped however very possible people will find other altcoin which is became ZEC instead because basically the profit is the main reason why people dump and pump altcoins
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e-coinomist
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Activity: 2380
Merit: 1085
Money often costs too much.
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March 01, 2017, 08:41:38 AM |
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Zclassic (ZCL) is trading at a very attractive entry price now. Offers greater long term value than ZEC.
Not really. Currently yes much better price but It can never succeed. ZCL development team is pretty shit. Zcash on the other side got very good development team but as we can all see they are pretty greedy A huge point of concern aren't their differences but instead their commonalities. Both blockchains are based upon the very same genesis block or at least the very same key ceremony. If ZEC isn't trustworthy because of that master key (built by a half dozen people) than ZCL isn't either.
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electronicash
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Activity: 3080
Merit: 1049
Eloncoin.org - Mars, here we come!
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March 01, 2017, 08:54:32 AM |
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Zclassic (ZCL) is trading at a very attractive entry price now. Offers greater long term value than ZEC.
Not really. Currently yes much better price but It can never succeed. ZCL development team is pretty shit. Zcash on the other side got very good development team but as we can all see they are pretty greedy A huge point of concern aren't their differences but instead their commonalities. Both blockchains are based upon the very same genesis block or at least the very same key ceremony. If ZEC isn't trustworthy because of that master key (built by a half dozen people) than ZCL isn't either. If you have to invest go with the top ones on marketcap, most of them on the top are moving up all the time. its not easy to trade with both ZEC and ZCL coins, there are even better than these two, they are just no good for day traders. just go with coins that are somehow made for traders because the market movements are faster.
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▄▄████████▄▄ ▄▄████████████████▄▄ ▄██████████████████████▄ ▄█████████████████████████▄ ▄███████████████████████████▄
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| │ | ████████▄▄███████▄▄ ███████▄████████████▌ ██████▐██▀███████▀▀██ ███████████████████▐█▌ ████▄▄▄▄▄▄▄▄▄▄██▄▄▄▄▄ ███▀░▐███▀▄█▄█▀▀█▄█▄▀ ██████████████▄██████▌ █████▐██▄██████▄████▐ █████████▀░▄▄▄▄▄ ███████▄█▄░▀█▄▄░▀ ███▄██▄▀███▄█████▄▀ ▄██████▄▀███████▀ ████████▄▀████▀█████▄▄ | . "I could either watch it happen or be a part of it" ▬▬▬▬▬ |
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starblocks
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March 01, 2017, 01:40:19 PM |
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The cap seems quite low for what it offers
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Vasetar
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March 02, 2017, 10:53:07 AM |
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The cap seems quite low for what it offers A small pension fund can raise the price quite a lot.
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e-coinomist
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Merit: 1085
Money often costs too much.
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March 02, 2017, 11:50:51 AM |
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The cap seems quite low for what it offers Marketcaps are developing proportionally on supply in existance. Mining curve emission still beeing early onwards the cap naturaly rises whilest miners recovering expenditures supress price development. Crypto 101 class. That Dump happening on 2/22 introduced a movement clearly visible sind 2/26 following. Picture is changing, from a chartist's viewpoint. Trader's 101 class there is something happening at least. "worth to invest" signals longterm. At this point in time I would sometimes a day open the ZEC market on Poloniex and place some daytrading range positions, avoiding to stuff to many BTCs into this endeavor. Bitcoin is on a Bullrun.
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