Looking like the ZEC party is over

[QuintLeo]

short sell them inline with the pumps

Is there an exchange where you can short this?

 AFAIK there is no Cryptocoin exchange that allows short selling.

 I'm actually a bit shocked Poloniex has support for margin trading.

[antantti]

AFAIK there is no Cryptocoin exchange that allows short selling.

Are you joking, of course there is ))

Those exchanges are actually places where real profits in cryptoworld are made, mining is like child's play compared to trading with leverage.

https://youtu.be/BeKbltL3kCw

[Gastotade]

AFAIK there is no Cryptocoin exchange that allows short selling.

Are you joking, of course there is ))

Those exchanges are actually places where real profits in cryptoworld are made, mining is like child's play compared to trading with leverage.

https://youtu.be/BeKbltL3kCw

I trade with the Poloniex. You cannot short there.

[Pasutinmeur]

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.

That is right. the general trend is still down.

[antantti]

AFAIK there is no Cryptocoin exchange that allows short selling.

Are you joking, of course there is ))

Those exchanges are actually places where real profits in cryptoworld are made, mining is like child's play compared to trading with leverage.

https://youtu.be/BeKbltL3kCw

I trade with the Poloniex. You cannot short there.

You can, but not zec. First crypto so far to get listed on big (fiat) exchanges on day 0, now we are looking at day 60 and still no margin trading for obvious reasons.

[antantti]

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.

That is right. the general trend is still down.

What a surprise, day later that same ~320 btc support is at ~0.036. It is getting closer to levels where only true believers mine it.

[QuintLeo]

AFAIK there is no Cryptocoin exchange that allows short selling.

Are you joking, of course there is ))

Those exchanges are actually places where real profits in cryptoworld are made, mining is like child's play compared to trading with leverage.

https://youtu.be/BeKbltL3kCw

 Margin trading is NOT short selling.

 VERY different concepts.

[antantti]

AFAIK there is no Cryptocoin exchange that allows short selling.

Are you joking, of course there is ))
Those exchanges are actually places where real profits in cryptoworld are made, mining is like child's play compared to trading with leverage.
https://youtu.be/BeKbltL3kCw

Margin trading is NOT short selling.
VERY different concepts.

You are right, different concepts. But for me as a speculator result is same.

edit: you can short sell some cryptos, some of those tickers I've never heard. Looks like daytrader needs to do nightshift today.

[Quidat]

AFAIK there is no Cryptocoin exchange that allows short selling.

Are you joking, of course there is ))

Those exchanges are actually places where real profits in cryptoworld are made, mining is like child's play compared to trading with leverage.

https://youtu.be/BeKbltL3kCw

 Margin trading is NOT short selling.

 VERY different concepts.

In Poloniex, you can borrow ETH and sell fist. Is that short selling?

[Raja_MBZ]

It seems to me like... there are big whales behind ZEC, just like Ethereum. They are not letting this party get finished, and constant time-to-time pumping is providing some relaxation to the miners, good for us though.

[antantti]

In Poloniex, you can borrow ETH and sell fist. Is that short selling?

You borrow 10 eth at 0.01 (0.1 btc total) and sell it. Eth crashes to 0.005, you buy that 10 eth back (0.05 total) and pay your loan. You end up with 0.05 btc minus expenses. If you used leverage, for example 3x, you earn 0.15.

You really need to know what you are doing, you can loose everything really fast,always have stop orders set to limit your losses. And do not pay too much for that loan.

[antantti]

there are big whales behind ZEC, just like Ethereum. They are not letting this party get finished,

Exactly my thoughts.

[philipma1957]

there are big whales behind ZEC, just like Ethereum. They are not letting this party get finished,

Exactly my thoughts.

And to follow up on this thought. The market cap for Zec is tiny so a pump is cheap to do.

The cap is about 12.5 million

A pump of 1 million bucks will raise prices 10 to 20 percent

So  what do the Intel commercials in the USA with the guy from Big Bang theory cost?

If Intel and AMD and various mobo companies toss money at this coin it will allow for more sales of their gear.

Zec will not die for a long time.

Corsair
Seasonic
Evga
Biostar
Gigabyte
AMD
Intel
Msi
Power color
Sapphire


Fsp
Antec
Silver stone

All of the above will sell more gear if Zec does well.

Market cap is under 13 million so a boost every few weeks should last for months

[IOTUSA]

there are big whales behind ZEC, just like Ethereum. They are not letting this party get finished,

Exactly my thoughts.

And to follow up on this thought. The market cap for Zec is tiny so a pump is cheap to do.

The cap is about 12.5 million

A pump of 1 million bucks will raise prices 10 to 20 percent

So  what do the Intel commercials in the USA with the guy from Big Bang theory cost?

If Intel and AMD and various mobo companies toss money at this coin it will allow for more sales of their gear.

Zec will not die for a long time.

Corsair
Seasonic
Evga
Biostar
Gigabyte
AMD
Intel
Msi
Power color
Sapphire


Fsp
Antec
Silver stone

All of the above will sell more gear if Zec does well.

Market cap is under 13 million so a boost every few weeks should last for months

I'm mining and holding ZEC for 24+ months. Either it witters away or we will see it as darknets new darling and $500+ million market cap

[sanas]

Do not say that zcash party is over, zcash party not yet started. HYIP was at first month , but now zcash will look for application on darknet markets.

[Castreat]

Do not say that zcash party is over, zcash party not yet started. HYIP was at first month , but now zcash will look for application on darknet markets.

The Zcash is consolidating.

[Raja_MBZ]

ZEC value has risen almost 50% in the past 24 hours, see, someone is definitely backing it up, and it is most likely the founder burning some of his big 20% founder's fee.

Good for us anyways, I mean, the miners.

[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.

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.

While more people might have been ready to mine ZEC on launch, you must also consider that Ethereum actually had 72 million coins in existence before normal miners could mine the first block. So even now Ethereum's equivalent to ZEC's "founders reward" stands at nearly 80% of the total coin supply.

So in this regard ZEC has an even better chance of another surge as the current 20% founders reward is not a heavy weight hanging over its head as is the case with Ethereum.

[ethereumhunter]

ZEC value has risen almost 50% in the past 24 hours, see, someone is definitely backing it up, and it is most likely the founder burning some of his big 20% founder's fee.

Good for us anyways, I mean, the miners.

until now, zcash is swing back to go up in poloniex market and ready to go up, i hope its a good news for us as i have zcash in my wallet and ready to sell it  but i wonder, can zcash go up until 0.1 btc in new year?

[philipma1957]

ZEC value has risen almost 50% in the past 24 hours, see, someone is definitely backing it up, and it is most likely the founder burning some of his big 20% founder's fee.

Good for us anyways, I mean, the miners.

until now, zcash is swing back to go up in poloniex market and ready to go up, i hope its a good news for us as i have zcash in my wallet and ready to sell it   but i wonder, can zcash go up until 0.1 btc in new year?

look at these ratios

http://coinmarketcap.com/


 gear mining btc    2,380,716,564 GH/s that is 183,000 s9's and that is 274,500,000 usd  plus psu's

cap is 14,582,607,308 usd so 18.82%

gear mining eth

5976 gh  that is 200,000 rx 480's and that is 42,000,000 usd


cap is 631,622,906 usd    so 6.65%  




gear mining zec  

55 mh  is 275,000 rx 480s say  57,750,000 usd

cap is 15,392,931 usd   so 375.17%


So gear value to cap value ratios

BTC    18.82%
ETH      6.65%
ZEC  375.17%

DO THESE HAVE MEANING?

if they do  zec    will soar in value

or  BTC and ETH will crash in value.

LOOK AT THIS LIST:

cpu
AMD
INTEL

gpus
GIGABYTE
MSI
ASUS
SAPPHIRE
XFX
VISIONTEK
POWERCOLOR


psus
CORSAIR
EVGA
SEASONIC
COOLER MASTER
ROSEWILL
THERMALTAKE
SILVERSTONE
ANTEC

mobos
ASUS
GIGABYTE
MSI
ASROCK
EVGA
SUPERMICRO
FOXCONN

ram
G.SKILL
CORSAIR
CRUCIAL
HYPERX
GEIL

ssds
SAMSUNG
CRUCIAL
INTEL
SANDISK
ADATA
OCZ


hdds
WESTERN DIGITAL
SEAGATE
HGST
TOSHIBA

pcs
DELL
LENOVO
HP

switches
Dlink
Trendnet
Netgear
TP-Link


all of the above companies have skin in the game.  they all can send money in on zec at exchanges as advertising expense.

I own

35 gpus
12 mobos
12 cpus
12 psus
3 switches
12 ssds and or hdds
16 sticks of ram

why is that zec is at a good price that owning all of the above makes sense.

and with the market cap at only 15 million  this should last for a while.