Bitcoin or zcash?

[cryp24x]

Bitcoin is time proof and it is accepted by some big companies as of yet. It is 8 years old now while zcash is fairly new and it's going down really fast. If you check the trend at Poloniex or coingecko you will see that the curb is going downside. No altcoin has been a real threat for bitcoin as of yet.

Yep you are right with it. The position will always go for bitcoin and we really can't see that zcash will be the tough competitor for bitcoin. And many people prefer to go for bitcoin instead of choosing newly endorsed coins by some traders because it's more promising and it's popular to the people. Also its market cap is another factor.

Well between the two Bitcoin i think is mass friendly, so I guesss people will still chose bitcoin even though zcash is much cheaper now.  The reason is that Bitcoin has more usage than zcash that will only be good in dark market.

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[asriloni]

Bitcoin is time proof and it is accepted by some big companies as of yet. It is 8 years old now while zcash is fairly new and it's going down really fast. If you check the trend at Poloniex or coingecko you will see that the curb is going downside. No altcoin has been a real threat for bitcoin as of yet.

Yep you are right with it. The position will always go for bitcoin and we really can't see that zcash will be the tough competitor for bitcoin. And many people prefer to go for bitcoin instead of choosing newly endorsed coins by some traders because it's more promising and it's popular to the people. Also its market cap is another factor.

Well between the two Bitcoin i think is mass friendly, so I guesss people will still chose bitcoin even though zcash is much cheaper now.  The reason is that Bitcoin has more usage than zcash that will only be good in dark market.

There is no interest for using it rather than just take the advantages of the anonymity feature has offered by zcash. and bitcoin still the number one. and bitcoin on the right way to become the mainstream currency in the future.

[megynacuna]

It's incomparable, how can you even think of tgat in the first place? We all thought Zcash was coming to address the major flaws if Bitcoin but it rather brought nothing new except the anonymity which isn't anything extraordinary. Bitcoin is the pacesetters and I will choose that any day over all existing Alts.

[daringdiscovered]

I will always choose bitcoin. It has already establish good reputation on the internet. From 1$ to its current price of above 1000$. Bitcoin now has many demands compared to zcash which makes it far more better than it. Bitcoin won't be replaced by zcash imo and it will never be. Zcash was just released last tear if i am correct so there is lot of things to expect from it. And see what's better in the near future.

[Zadicar]

I see some of you are young. In the 90's it appeared Microsoft would be king forever, now they are losing market share every gear. Before that, Xerox, most of you dont know who that is. Bitcoin may yet make you rich, but you'll see how time erodes those that cant adapt.

So you think that zcash will replace bitcoin? Everything can happen but I doubt that something similar could happen. Bitcoin for now is way far zcash because the community of bitcoin is parger.

I think yes, he is thinking that zcash will replace bitcoin
and I am doubt too it will happens because zcash has a little marketcap
be compared with bitcoin and the zcash still has a little comunity too.

I dont know why people still do think that zcash could able to replace bitcoin,seriously? Even that coin didnt even surpass those huge marketcap coins like eth xmr which is somehow good to choose rather than zcash. It doesnt stand a chance on bitcoin because until now theres no candidate to breakeven on bitcoins progress.

Exactly it just another crypto currency in thos world just I think it got more publicity than other coins in starting so that doesn't mean it is gonna beat tbe best which is bitcoin. It is impossible and we also don't know if the coin is actually real or is it just showing fake mining results or even running a ponzi. I wouldn't recommend anyone to invest in it now the best alternatives to it is xmr or maybe dash.

Zcash is a scam coin because of its superhype that scams people to buy zcash with a very high price. Some said it has reach up to 200 btc per coin in Polo. But after sometime it has gradually decreased in value and those early buyers have lost a huge amount of bitcoins when the price has tremendously went down. I dont know if people will still trust this coin that has deceived many upon its release.

No one was deceived, the release rate was announced before the coin was released. The market decided it was worth a fortune.

 I didn't know Dash was private when I started this thread. I have bought some now as it is a strong performer. I like the masternode system and the algorithmic distribution.


 Bitcoin will probably die after 2042, who will have any reason to hash the transactions and keep the neural network alive when there is no longer a reward for mining?

Any hard precise and convincing explanation why bitcoin would die after 2042? If it does die then you are a messenger of God. lol since you do already know the bitcoins situation on those future years Just joking since we really dont know when that thing would happen.

Well I don't think you have to be a prophet to guess. Bitcoin transaction and security are supported by the block chain.  The block chain, aka miners are supported by being rewarded newly minted bitcoint.  The last new bitcoin, coin number 21,000,000 will be distributed in 2042. So there will be no motive to sustain the block chain. So bitcoin would lose all of its security.  

Another threat to all cryptocurrency are quantum computers like the Dwave. Once they get a respectable number of quibits, they'll decode 128 bit encryption in a matter of minutes.  

As a newbie you are quiet good related to bitcoin related stuffs and you do really have the point since those assumptions have the possibility for it to happen but still we cant conclude on the things that would happen ahead of time.

[Taki]

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 am agree. Many crypto appeared and will appear with the idea to repeat the success of Bitcoin. I think that some of this currencies or some new one will be able to solve all minuses of bitcoin and even move it away from it's position of crypto currency number 1.

[cramcram21]

Well right now I only want to handle bitcoin and I don't want to get in to trading,
So right now I would only hold bitcoin and no other crypto currency.

[digaran]

Did bitcoin price started around thousands of dollars before Satoshi mining the genesis block? when first time mining was launched and I was seeing people have problem with their sols or kh/s and it was obvious that they were manipulating the difficulty because of the price.
How many people really mined bitcoins in first 2 years with just their laptops or desktop computers? everyone could with no problem.
Then it was worked on people started to see what it really is and became interested unlike zcash they wanted to force it to us saying wow such greatness much hidden and anon, I didn't buy the act from the start.

[webtricks]

It is indeed possible for some coin to outsmart Bitcoin but I am sure it will not be Zcash. Something better than Bitcoin does not require more features but better technology. Else all Altcoins presently are just slave to Bitcoin.
Bitcoin at present has provided a good alternative to currency system. Lets take it as base and wait for something better!!

[carlisle1]

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?

although zcash has a good feature which is it is more anonymous than bitcoin and could be good option for underground uses but I think people will still keep on using bitcoin and it will still keep its demand because bitcoin is a mainstream and mostly known cryptocurrency . zcash has a potential to grow on market but not the same on how bitcoin have grown I guess .

[JL421]

I see some of you are young. In the 90's it appeared Microsoft would be king forever, now they are losing market share every gear. Before that, Xerox, most of you dont know who that is. Bitcoin may yet make you rich, but you'll see how time erodes those that cant adapt.

So you think that zcash will replace bitcoin? Everything can happen but I doubt that something similar could happen. Bitcoin for now is way far zcash because the community of bitcoin is parger.

I think yes, he is thinking that zcash will replace bitcoin
and I am doubt too it will happens because zcash has a little marketcap
be compared with bitcoin and the zcash still has a little comunity too.

I dont know why people still do think that zcash could able to replace bitcoin,seriously? Even that coin didnt even surpass those huge marketcap coins like eth xmr which is somehow good to choose rather than zcash. It doesnt stand a chance on bitcoin because until now theres no candidate to breakeven on bitcoins progress.

Exactly it just another crypto currency in thos world just I think it got more publicity than other coins in starting so that doesn't mean it is gonna beat tbe best which is bitcoin. It is impossible and we also don't know if the coin is actually real or is it just showing fake mining results or even running a ponzi. I wouldn't recommend anyone to invest in it now the best alternatives to it is xmr or maybe dash.

Zcash is a scam coin because of its superhype that scams people to buy zcash with a very high price. Some said it has reach up to 200 btc per coin in Polo. But after sometime it has gradually decreased in value and those early buyers have lost a huge amount of bitcoins when the price has tremendously went down. I dont know if people will still trust this coin that has deceived many upon its release.

In the first place I think the investors are mad. Till now there are so many coins which create superhype and be like our price will surpass bitcoin ,etc this is the time we should think that this is absolutely a scam because it is really hard to predict the price. I saw the market cap I guess it is 200k + I just hope they realise and sell all the coins before they it's too late.

[Bitcoinsummoner]

I see some of you are young. In the 90's it appeared Microsoft would be king forever, now they are losing market share every gear. Before that, Xerox, most of you dont know who that is. Bitcoin may yet make you rich, but you'll see how time erodes those that cant adapt.

So you think that zcash will replace bitcoin? Everything can happen but I doubt that something similar could happen. Bitcoin for now is way far zcash because the community of bitcoin is parger.

I think yes, he is thinking that zcash will replace bitcoin
and I am doubt too it will happens because zcash has a little marketcap
be compared with bitcoin and the zcash still has a little comunity too.

I dont know why people still do think that zcash could able to replace bitcoin,seriously? Even that coin didnt even surpass those huge marketcap coins like eth xmr which is somehow good to choose rather than zcash. It doesnt stand a chance on bitcoin because until now theres no candidate to breakeven on bitcoins progress.

Exactly it just another crypto currency in thos world just I think it got more publicity than other coins in starting so that doesn't mean it is gonna beat tbe best which is bitcoin. It is impossible and we also don't know if the coin is actually real or is it just showing fake mining results or even running a ponzi. I wouldn't recommend anyone to invest in it now the best alternatives to it is xmr or maybe dash.

Zcash is a scam coin because of its superhype that scams people to buy zcash with a very high price. Some said it has reach up to 200 btc per coin in Polo. But after sometime it has gradually decreased in value and those early buyers have lost a huge amount of bitcoins when the price has tremendously went down. I dont know if people will still trust this coin that has deceived many upon its release.

In the first place I think the investors are mad. Till now there are so many coins which create superhype and be like our price will surpass bitcoin ,etc this is the time we should think that this is absolutely a scam because it is really hard to predict the price. I saw the market cap I guess it is 200k + I just hope they realise and sell all the coins before they it's too late.

It is just the same as other altcoin they are starting in high price and gradually dumping the price until no value..
So be wise of choosing what is the good altcoin to choose.. for me top 20 altcoin still a good choice to buy and hold for a long time..

[Zadicar]

I see some of you are young. In the 90's it appeared Microsoft would be king forever, now they are losing market share every gear. Before that, Xerox, most of you dont know who that is. Bitcoin may yet make you rich, but you'll see how time erodes those that cant adapt.

So you think that zcash will replace bitcoin? Everything can happen but I doubt that something similar could happen. Bitcoin for now is way far zcash because the community of bitcoin is parger.

I think yes, he is thinking that zcash will replace bitcoin
and I am doubt too it will happens because zcash has a little marketcap
be compared with bitcoin and the zcash still has a little comunity too.

I dont know why people still do think that zcash could able to replace bitcoin,seriously? Even that coin didnt even surpass those huge marketcap coins like eth xmr which is somehow good to choose rather than zcash. It doesnt stand a chance on bitcoin because until now theres no candidate to breakeven on bitcoins progress.

Exactly it just another crypto currency in thos world just I think it got more publicity than other coins in starting so that doesn't mean it is gonna beat tbe best which is bitcoin. It is impossible and we also don't know if the coin is actually real or is it just showing fake mining results or even running a ponzi. I wouldn't recommend anyone to invest in it now the best alternatives to it is xmr or maybe dash.

Zcash is a scam coin because of its superhype that scams people to buy zcash with a very high price. Some said it has reach up to 200 btc per coin in Polo. But after sometime it has gradually decreased in value and those early buyers have lost a huge amount of bitcoins when the price has tremendously went down. I dont know if people will still trust this coin that has deceived many upon its release.

In the first place I think the investors are mad. Till now there are so many coins which create superhype and be like our price will surpass bitcoin ,etc this is the time we should think that this is absolutely a scam because it is really hard to predict the price. I saw the market cap I guess it is 200k + I just hope they realise and sell all the coins before they it's too late.

It is just the same as other altcoin they are starting in high price and gradually dumping the price until no value..
So be wise of choosing what is the good altcoin to choose.. for me top 20 altcoin still a good choice to buy and hold for a long time..

Buying all of them wouldnt be a wise thing to do unless if you are ready to risk huge money on purchasing those coins then its your decision and related to zcash and other alts they do really start with good price but refering to the situation of zcash it does really have high hype which causes the price after launched was soo high.

[CraigWrightBTC]

I see some of you are young. In the 90's it appeared Microsoft would be king forever, now they are losing market share every gear. Before that, Xerox, most of you dont know who that is. Bitcoin may yet make you rich, but you'll see how time erodes those that cant adapt.

So you think that zcash will replace bitcoin? Everything can happen but I doubt that something similar could happen. Bitcoin for now is way far zcash because the community of bitcoin is parger.

I think yes, he is thinking that zcash will replace bitcoin
and I am doubt too it will happens because zcash has a little marketcap
be compared with bitcoin and the zcash still has a little comunity too.

Zcash is new and I am not surprised about the low volume on trading platform. In some point, zcash may seem very complicated and less useful than Bitcoin, but it is suitable for the world without the centralized system. Zcash is 100% anonymous and you have to understand that hackers love this features a lot

I think bitcoin is without centralized system too and the price is more good than zcash,
well I don't know if zcash be made for hacker because of anonymous. and
except zcash monero has fiture of anonymous too and it has long time old than zcash a
nd could be survive on long time from the dumpers.

[coinwulf]

Why do you discuss the question: "Bitcoin or Zcash?" I think the answer could be: Bitcoin and Zcash! Both of them can exist side by side. The use of Zcash´s anonymous transactions will increase and has become easier since the "Zcash wallet and full node for Windows" ( https://zcash4win.com/ ) was released. Zcash will be one of the most important coins in the next few years. Just like Bitcoin, Ethereum and Monero. 

[Nimbulan]

Well right now I only want to handle bitcoin and I don't want to get in to trading,
So right now I would only hold bitcoin and no other crypto currency.

The same for me, I don't have a smallest need to buy anything rather than bitcoin at the moment, bitcoin is in it's high prices and it will most probably grow even more, that's why i need only bitcoin and nothing else.

[thesavoyard]

Why do you discuss the question: "Bitcoin or Zcash?" I think the answer could be: Bitcoin and Zcash! Both of them can exist side by side. The use of Zcash´s anonymous transactions will increase and has become easier since the "Zcash wallet and full node for Windows" ( https://zcash4win.com/ ) was released. Zcash will be one of the most important coins in the next few years. Just like Bitcoin, Ethereum and Monero. 

I'm becoming more impressed with Dash all the time. The ASIC miner makes it harder to mine but they have a winning marketing strategy. Zcash seems to have dropped off the radar and the coin is suffering because of it. Dash are actively working to build their currency.  Monero was impressive last year, but seems to be stalling at the moment.

[blackhawkeye1912]

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?

Zcash has no match with bitcoin, in terms of the features and advantage by it. And how that an altcoin can compete with bitcoin it is far behind before that happened I think.

[Mvaporis1961]

Well I would really choose bitcoin over zcash,
Well I am not really interested in other coin right now so I would only stick to bitcoin.

[Rahar02]

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.

Most people will look after the anonymous feature than. Altcoins and including zcash won't ever catch-up what bitcoin did, even though a half of it I guess, only time will tell. Altcoins created just for trading purpose, mostly. And another advantage of the coin could used for underground transaction but central authority will start to check it when the trading volume/transaction getting bigger in their country. So, the answer is no. I will check it later when this coin price could reach more than $150.