Looking like the ZEC party is over

[xxcsu]

The "real ZEC party" is just starting soon its to early to say its over .
zcash mining is still in a "slow-start" period during the first 20,000 blocks where the block reward linearly increases to 12.5 ZEC.

[toptek]

The "real ZEC party" is just starting soon its to early to say its over .
zcash mining is still in a "slow-start" period during the first 20,000 blocks where the block reward linearly increases to 12.5 ZEC.

I agree I never gave up or even came close to giving up with Zec mining, i went to ETH every now and then for a few hours that was a waste of time for me.
ETH mining was never really profitable after Zec mining started but that's up for debate with some, i won't get in to it .

CM 8 just came out my R7370 went from 88 sol to 117 Sol, i haven't switched my other cards yet and SA it about to do the same with it's windows version for AMD cards or close in speeds .

I use antminer's Zcash Pool and I know some look at me, well you know,  i Like PPS payouts, is there another Pool that does PPS for ZEC mining ?  if there is i will use it over antminers ZC pool.

Thanks top .

[Satlite]

The "real ZEC party" is just starting soon its to early to say its over .
zcash mining is still in a "slow-start" period during the first 20,000 blocks where the block reward linearly increases to 12.5 ZEC.

I agree I never gave up or even came close to giving up with Zec mining, i went to ETH every now and then for a few hours that was a waste of time for me.
ETH mining was never really profitable after Zec mining started but that's up for debate with some, i won't get in to it .

CM 8 just came out my R7370 went from 88 sol to 117 Sol, i haven't switched my other cards yet and SA it about to do the same with it's windows version for AMD cards or close in speeds .

I use antminer's Zcash Pool and I know some look at me, well you know,  i Like PPS payouts, is there another Pool that does PPS for ZEC mining ?  if there is i will use it over antminers ZC pool.

Thanks top .

For the old cards like the R 7 370 or the R9 280(x), it is better to stick to the ZCash. It is more profitable there.

[Xavofat]

The "real ZEC party" is just starting soon its to early to say its over .
zcash mining is still in a "slow-start" period during the first 20,000 blocks where the block reward linearly increases to 12.5 ZEC.

I agree I never gave up or even came close to giving up with Zec mining, i went to ETH every now and then for a few hours that was a waste of time for me.
ETH mining was never really profitable after Zec mining started but that's up for debate with some, i won't get in to it .

CM 8 just came out my R7370 went from 88 sol to 117 Sol, i haven't switched my other cards yet and SA it about to do the same with it's windows version for AMD cards or close in speeds .

I use antminer's Zcash Pool and I know some look at me, well you know,  i Like PPS payouts, is there another Pool that does PPS for ZEC mining ?  if there is i will use it over antminers ZC pool.

Thanks top .

For the old cards like the R 7 370 or the R9 280(x), it is better to stick to the ZCash. It is more profitable there.

Not profitable any  more.

[Q_R_V]

It will be as same as with ethereum a year ago -  period of almost zero profitability and then sudden pump a few months later. You have to wait out this period, do not sell your equipment now, you will thank me later.

[Za1n]

It will be as same as with ethereum a year ago -  period of almost zero profitability and then sudden pump a few months later. You have to wait out this period, do not sell your equipment now, you will thank me later.

My thoughts exactly.

This is the same pattern that happened with Ethereum, when those who stuck it out were able to mine cheap blocks due to the low interest/difficulty and when it pumped later they made out big time.

[philipma1957]

mining zec until jan 27th 2017.

thats is my birthday  and I will sell off my 20-30 coins then

[Walrusbonzo]

mining zec until jan 27th 2017.

thats is my birthday  and I will sell off my 20-30 coins then

Let's keep this on the downlow, but word on the street is that the pump starts on the 28th January. 

[antantti]

According to CMC available supply right now is 255456 ZEC.

576x(10+2.5)=7200 new zec are generated every day, that is 2.8% DAILY inflation. That number needs to get much lower before this can go up.

Serious market manipulation starts when you can trade this on margin and that doesn't happen before it finds some ground under its feet.

[ccccccc7]

ZCL and ZEC are by no means over - we haven't even seen what happens when a Dark Market or legit vendor adopts the coin as a payment method.

Truly anon transactions also have a plethora of real world uses outside of the dark markets and criminal activity.

I think when Ethereum goes POS masses of the hashing power will move to ETC, ZCL and ZEC making coin production more difficult and with coin adoption going on in sync the price will surely rise and ETH will continue to fall. I believe we are already seeing this happen.

I mean, neither of the Zs even have a Windows wallet yet.

I have no clue why anyone is mining ETH, apart from using the Ethereum system it has no use. Also with all the Forks and issues I think people are loosing faith in ETH.

People are just tripping out because the profitability is no longer outrageously high.

Hold your coins people, or at least short sell them inline with the pumps

[antantti]

short sell them inline with the pumps

Is there an exchange where you can short this?

[ccccccc7]

short sell them inline with the pumps

Is there an exchange where you can short this?

Not that I know of, it would be crazy if there was.

I meant I have been, for example, selling my ZCL around 0.0006 and buying back around 0.0005 using same amount BTC earned. Not exactly a short but same principle.

Not sure about ZEC as it seems to be a solid down trend

[Amph]

mining zec until jan 27th 2017.

thats is my birthday  and I will sell off my 20-30 coins then

you lost quite a bit phil, if you indeed held those coin until now, they were at a much higher price before

zcash can not return to its glory price, there is simply too much supply per day involved, too much for the buyers

[Hotmetal]

It will be as same as with ethereum a year ago -  period of almost zero profitability and then sudden pump a few months later. You have to wait out this period, do not sell your equipment now, you will thank me later.

My thoughts exactly.

This is the same pattern that happened with Ethereum, when those who stuck it out were able to mine cheap blocks due to the low interest/difficulty and when it pumped later they made out big time.

Negative captain. People were not ready for ETH like they are ready for ZEC. The ship has sailed down the ZEC river and headed to waterfall valley.

[Pesovanid]

mining zec until jan 27th 2017.

thats is my birthday  and I will sell off my 20-30 coins then

you lost quite a bit phil, if you indeed held those coin until now, they were at a much higher price before

zcash can not return to its glory price, there is simply too much supply per day involved, too much for the buyers

30 ZEC is just about $1000. So it is a risk worth taking.

[Casalania]

short sell them inline with the pumps

Is there an exchange where you can short this?

Not that I know of, it would be crazy if there was.

I meant I have been, for example, selling my ZCL around 0.0006 and buying back around 0.0005 using same amount BTC earned. Not exactly a short but same principle.

Not sure about ZEC as it seems to be a solid down trend

It seems the rate of drop has slowed somewhat.

[antantti]

short sell them inline with the pumps

Is there an exchange where you can short this?

Not that I know of, it would be crazy if there was.

I meant I have been, for example, selling my ZCL around 0.0006 and buying back around 0.0005 using same amount BTC earned. Not exactly a short but same principle.

Not sure about ZEC as it seems to be a solid down trend

It seems the rate of drop has slowed somewhat.

They are trying to build a wall at ~0.04btc, it needs about 320btc to go through that wall if those bids are real. Looks big but it is actually only one day supply of zec.

We well see how long that wall holds...

[Usainbot]

short sell them inline with the pumps

Is there an exchange where you can short this?

Not that I know of, it would be crazy if there was.

I meant I have been, for example, selling my ZCL around 0.0006 and buying back around 0.0005 using same amount BTC earned. Not exactly a short but same principle.

Not sure about ZEC as it seems to be a solid down trend

It seems the rate of drop has slowed somewhat.

They are trying to build a wall at ~0.04btc, it needs about 320btc to go through that wall if those bids are real. Looks big but it is actually only one day supply of zec.

We well see how long that wall holds...

The price is stable between 0.043 to 0.048.

[antantti]

short sell them inline with the pumps

Is there an exchange where you can short this?

Not that I know of, it would be crazy if there was.

I meant I have been, for example, selling my ZCL around 0.0006 and buying back around 0.0005 using same amount BTC earned. Not exactly a short but same principle.

Not sure about ZEC as it seems to be a solid down trend

It seems the rate of drop has slowed somewhat.

They are trying to build a wall at ~0.04btc, it needs about 320btc to go through that wall if those bids are real. Looks big but it is actually only one day supply of zec.

We well see how long that wall holds...

The price is stable between 0.043 to 0.048.

24 hours so far. I call it stable if it stays 3-4 weeks in that area.

[kisk]

Just saying...