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thesavoyard (OP)
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February 10, 2017, 11:13:24 PM |
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Do you think there is room for two currencies to grow in demand, shrink in supply exponentially? Will they cut into each other's market share?
Bitcoin has been proven and can be divided into tiny fractions, given the fact it is working it seems a safe bet for the future. It has failures, though. From an economic standpoint, if zcash replaces it in underground markets, will bitcoins legal uses keep its demand high? Will it continue to grow from speculation?
Bitcoin isn't private, tumbling it has huge risks and the end user has lots of security demands to remain anonymous. It may not be the best for underground uses whcih may have an economic impact. zcash is bitcoin but with its flaws ironed out.I do suspect it will grow like bitcoin but I'm interested in the dynamics.
Thoughts?
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cpfreeplz
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February 10, 2017, 11:22:54 PM |
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Shitcoin after shitcoin will come and go but a few will actually solve some issues people have with bitcoin, namely the anonymity. There are lots of other currencies that are anonymous so I don't see why you're focused on zcash, unless this is just a poor attempt to advertise it.
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thesavoyard (OP)
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February 10, 2017, 11:35:16 PM |
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Shitcoin after shitcoin will come and go but a few will actually solve some issues people have with bitcoin, namely the anonymity. There are lots of other currencies that are anonymous so I don't see why you're focused on zcash, unless this is just a poor attempt to advertise it.
I have no connection to zcash so no advertisement. It's truly anonymous, Moreno isn't. It isn't centrally controlled, so no buy and dump junk like ethereum. It uses bitcoin's scarcity algorithm. It has the most potential because the dark net is anticipating it. I think it has what it takes, I may be wrong but if I'm right, it will grow exponentially in value like bitcoin, something that unlimited currencies can't do. |
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thesavoyard (OP)
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February 11, 2017, 12:38:28 AM |
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Oh and very importantly, zcash is memory dependent. It would take a technological innovation to take the mining away from GPU miners. Pushing out the small miners might threaten bitcoin in the long run. At the moment, mining alt currencies and getting paid in bitcoin is the only way most people can.
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Asudale
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February 11, 2017, 03:58:01 AM |
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is not compatible compare, all people always choose bitcoin is compare zcash
if compare same Manchester united met football club division IV is can't compare
if compare good coin, ethereum , litecoin is bitcoin still above, only zcash only smile
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Dmitry.Vastov
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February 11, 2017, 04:20:10 AM |
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Yes. Its possible that two or more currencies to grow on demand. Thats depends on the support and demand of a particular crypto. Bitcoin is the most outstanding cryptocurrency in the world. Its still has no competition. Zcash is a good alt but the support is quite lower than bitcoin. Only time will tell if this coin could be a good rival of bitcoin.
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Natalim
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February 11, 2017, 04:36:18 AM |
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Yes. Its possible that two or more currencies to grow on demand. Thats depends on the support and demand of a particular crypto. Bitcoin is the most outstanding cryptocurrency in the world. Its still has no competition. Zcash is a good alt but the support is quite lower than bitcoin. Only time will tell if this coin could be a good rival of bitcoin.
Stability depends on how long it has exist in a progressive manner, bitcoin has that, we have been into crisis but still we are here and seeing the price now would pay off our effort and the amount we risk to invest and support bitcoin. The competition is only among the altcoins themselves, but not with bitcoin, it's very strong and we have witness many times how the price of altcoins will fall once the pump of bitcoin starts. |
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CraigWrightBTC
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February 11, 2017, 04:44:34 AM |
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Of course I choose bitcoin than zcash bitcoin has large marketcap,
zcash just has a little marketcap.
I don't have reason for choose copycat coin like zcash
and premine 20% of zcash for the developer is high amount.
They can dump zcash anytime until there is no price.
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asriloni
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February 11, 2017, 05:17:29 AM |
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Look at the polo charts and how will worth zcash soon? The current price of zcash is apparently down and it's mean it's the shit coin. and it can't be comparing with bitcoin.
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sunsilk
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February 11, 2017, 05:25:28 AM |
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At first I thought that zCash will has the chance to replace bitcoin because a lot of advertisers and blogs that are advertising it.
And I may seemed to be brain washed with their type of advertisement but now I realized that original will always be the best.
Go for bitcoin!
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sulendra12
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February 11, 2017, 05:33:13 AM
Last edit: February 11, 2017, 10:06:19 AM by sulendra12 |
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Altcoin can't replace Bitcoin. We have know altcoin (alternative coin) that's just an alternative, so everything that called "alternative" can't replace the main one (Bitcoin). Even blogs keep adveritisng zcash, it doesn't mean zcash is a main hero (instead it just a shit coin).
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c789
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February 11, 2017, 05:44:04 AM |
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It has the most potential because the dark net is anticipating it.
No DM will accept this due to the Trusted Setup. In crypto, you should only have to trust math, not people. The Zcash team says it executed the trusted setup without any funny business, but how do we know for sure? The best answer is "because they said so" and that's a terrible answer. It can't be independently verified, and therefore can't be trusted. |
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Xester
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February 11, 2017, 06:03:59 AM |
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Do you think there is room for two currencies to grow in demand, shrink in supply exponentially? Will they cut into each other's market share?
Bitcoin has been proven and can be divided into tiny fractions, given the fact it is working it seems a safe bet for the future. It has failures, though. From an economic standpoint, if zcash replaces it in underground markets, will bitcoins legal uses keep its demand high? Will it continue to grow from speculation?
Bitcoin isn't private, tumbling it has huge risks and the end user has lots of security demands to remain anonymous. It may not be the best for underground uses whcih may have an economic impact. zcash is bitcoin but with its flaws ironed out.I do suspect it will grow like bitcoin but I'm interested in the dynamics.
Thoughts?
Even if zcash is the version of bitcoin with its flaws ironed out I will still prefer bitcoins. Zcash cannot replace bitcoins in the market, bitcoin has already made a name for itself and it has become the most used and most trusted cryptocurrency online. While zcash developers have made a fault during its launch when they made a super hype to the price of zcash. With that event many are doubting this coin. |
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rajasumi3
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February 11, 2017, 06:13:36 AM |
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Every cryptocurrency will come and go .but no one will be able to match the potential of bitcoins like it is today .with more and more bitcoin users increasing day by day it is quite impossible for the other cryptocurrency to be such promising like bitcoins .on the other hand in deep web also bitcoin is most widely and in legal markets also.
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n0ne
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February 11, 2017, 06:38:53 AM |
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Several currencies have been existing regularly, and very few are lasting long getting the trust of the people around the world. In such a scenario bitcoin will be the one to be the worthiest and zcash recently had a big pump but will not last longer.
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ethereumhunter
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February 11, 2017, 06:49:38 AM |
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i am sure that i will choose bitcoin than zcash because zcash is new crypto currency and if its a good coin, then it should need more time to proof it in future. and bitcoin as the mother of crypto currency is always be the best although for now the price is down, but still its the best and always be.
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disconnectme
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February 11, 2017, 07:20:30 AM |
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There is no Altcoins out there you can compare to BTC at the moment unless ypu are a speculator. Zcash price would continue the downward trend for the next two years, I don't see what would move the price high unless a Dark market adopt it.
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pinkflower
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February 11, 2017, 07:34:53 AM
Last edit: February 12, 2017, 01:41:21 PM by pinkflower |
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A lot of people in this forum say that Zcash is a scam. I dont know much about it and I have done some googling about it and have found out that they have a solid team behind it. Are those people only trying to cause fear, uncertainty and doubt?
It does look overpriced. I might buy some at single digit values.
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Amph
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February 11, 2017, 07:50:24 AM |
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your real question should be zcash or monero, since they share the same features, and are both very anonymous, bitcoin has nothing to do with them it's the king, altcoin are just a testnet to make bitcoin better int he future
zcash currently should have a stronger anonymity because it's based on zero-knowledge proof, while monero on ring signature, but monero have a stronger market in the deep web, it's more accepted
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Hatuferu
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February 11, 2017, 08:01:05 AM |
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Bitcoin has been proven already to be a good long term investment while ZCash is just new altcoins, which is better? Of course we should go with a more stable one, and that is bitcoin. Zcash still has so much to prove, it is not the value that is the basis but most important is the trust of the people.
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