Poll: Will ZcRash reach 0.02 BTC before Christmas?

[Febo]

As you know 0.02 BTC was about the price at which last bunch of investors invested $2 millions into ZECC (company that runs it and takes 20% of mining revard).

So question is simple.

Will ZcRash reach 0.02 BTC before Christmas?






Pool will end in beginning of December. So don't wait till Christmas with your vote.


First investors entered ZECC at if I remember right 3 times lower price. So at Christmas might make new pool when ZEC will reach that price.

[michelem]

"No, it will never go so low"? It is just "so low" it worths 0.07BTC now.

[Taskford]

"No, it will never go so low"? It is just "so low" it worths 0.07BTC now.

It is about 0.07 bitcoin now. It is possible the price will drop to 0.03 to 0.05 before a pump to raise the price.

[btcdiggingmaster]

I hope price will not increase, as of now the price nearly 0.07 btc very low. Every day zcash price keep reducing at some point it nearly 16 btc for zcash, many people have lost their money on this unreliable coin.

[Febo]

Less then a month till Christmas. I am a bit disappointed there are only 6 that decided to vote on this speculation.  Last week was quite good for ZCash and it actually gained 20%. Doubt upcoming week will be so good. But what is sure is that extreme into the abyss crash had stopped.

[Shiroslullaby]

There is a ton of market manipulation going on with Zcash.
Also still a lot of hype.
Its really hard to predict what its going to do. I'm surprised its still so high.
I honestly didn't think it would go back up to 0.1

[Dassi]

I have never seen a coin crash this fast in all my few months experience as a trader, it's... phenomenal!

[Yuuto]

I think it is quite unlikely that ZCash will reach 0.02 before Christmas, because the market cap has actually been stable and climbing albeit the price drops because of the increasing monetary supply in ZCash.

0.05 would be possible though, and that would be my closest guess.

[shanem]

It is not impossbie that ZEC will go to 0.02 BTC before Christmas. Buying ZEC now is like holding a hot potato. Miners are selling their coin as fast as they can to earn as much profit before the value drops. All these pumps are used by whales/miners to sell at a high price but they won't last. The supply of the coin will keep increasing and it is no brainer the price will drop fast.

[RoommateAgreement]

the price of this coin is a joke, and it will continue going down and with the speed that i have seen from the dumps that have happened i voted for yes because it can easily be possible if it continues.

[thebatletbet]

but is very imposible can down until reach to 0.02 bitcoin
this now 27 november 2016, zcash price in bitrex market place is 0.10 bitcoin

[Caladonian]

It is not impossbie that ZEC will go to 0.02 BTC before Christmas. Buying ZEC now is like holding a hot potato. Miners are selling their coin as fast as they can to earn as much profit before the value drops. All these pumps are used by whales/miners to sell at a high price but they won't last. The supply of the coin will keep increasing and it is no brainer the price will drop fast.

Thats really the big problem with this coin as many miners really taking advantage with price when its high then dumped it right away its better to make some chasing with the price and just do some day trading to avoid big loses .02 not impossible if dumped from miners will continue.

[jjacob]

Nope, I don't think it will go so low so quickly.
It seems to be trading around the 0.08-0.1 BTC range now. It definitely was overpriced when it launched, and traded at more than 1 BTC for some time. Now you see the marketcap increasing and price stabilizing. I think it will continue to trade in this range.

[Oilacris]

It is not impossbie that ZEC will go to 0.02 BTC before Christmas. Buying ZEC now is like holding a hot potato. Miners are selling their coin as fast as they can to earn as much profit before the value drops. All these pumps are used by whales/miners to sell at a high price but they won't last. The supply of the coin will keep increasing and it is no brainer the price will drop fast.

Thats really the big problem with this coin as many miners really taking advantage with price when its high then dumped it right away its better to make some chasing with the price and just do some day trading to avoid big loses .02 not impossible if dumped from miners will continue.

Most miners will surely dump their zcash anytime when they able to mine them because they know that the price will surely go lower same as you mentioned. But still there are miners will surely hold off their zcash because they are not making some investment with it only mining it with gpu and doesnt cost a lot. SO they are hoping that they would able to earn more money when zcash price will rise up again. Zcrash could possibly crash 0.02 before christmas.

[h311m4n]

It is not impossbie that ZEC will go to 0.02 BTC before Christmas. Buying ZEC now is like holding a hot potato. Miners are selling their coin as fast as they can to earn as much profit before the value drops. All these pumps are used by whales/miners to sell at a high price but they won't last. The supply of the coin will keep increasing and it is no brainer the price will drop fast.

Thats really the big problem with this coin as many miners really taking advantage with price when its high then dumped it right away its better to make some chasing with the price and just do some day trading to avoid big loses .02 not impossible if dumped from miners will continue.

Most miners will surely dump their zcash anytime when they able to mine them because they know that the price will surely go lower same as you mentioned. But still there are miners will surely hold off their zcash because they are not making some investment with it only mining it with gpu and doesnt cost a lot. SO they are hoping that they would able to earn more money when zcash price will rise up again. Zcrash could possibly crash 0.02 before christmas.

Yes, I'm not dumping everything, only half of what I mine to cover electricity costs. When you see that it gets pumped to almost 0.15BTC in a week from 0.07, it's dumb to get rid of it all.

[Cryptotraider16]

most dump...price keep go down

[cryptimus prime]

With the removal of the slow start, the big Zcash miners will immediately start to sell to catch those good prices as fast as they can.
Those who sell first win, others lose.

[Taskford]

With the removal of the slow start, the big Zcash miners will immediately start to sell to catch those good prices as fast as they can.
Those who sell first win, others lose.

The price of the ZCash has been between $50 to $100 for a week now. It is possible that it will not crash to $10.

[thepo1m]

I don't think it will go that low, the inflation rate for now is quite low and it will require a large amount of dumps to get the price to that level.

[Naughtid]

I don't think it will go that low, the inflation rate for now is quite low and it will require a large amount of dumps to get the price to that level.

I agree with that. The price of ZCash could be between 0.05 to 0.1 in the near future. If there is a pump, the price could be higher.