ZenCash Speculations

[kc.]

EDIT: ZenCash is now released... so let's speculate!

Monero killer?
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ZEN will be the only crypto currency that is fully end-to-end encrypted.

I have seen people say that ZCL will probably be around $20-$50 around the launch date of ZEN. What do you guys think about this, and will you be investing into this? It would be nice to see what everyone thinks.
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ZenCash - https://bitcointalk.org/index.php?topic=1819977.0
Video explaining ZEN - https://www.youtube.com/watch?v=6oG65jU-eo8
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Zen will launch as a fork of ZClassic. Inspired by Ethereum Classic’s fork from Ethereum, all existing ZClassic holders will receive an equal amount of Zen at launch. This is a demonstration of the support of the community for both coins going forward. The Zen team is working with select Exchanges to assist in this process, and will announce the specific ways to make sure Zen coins are awarded 1-for-1 with existing ZClassic.

Zen will be launched May 23, 2017 (read update link below, you have to buy before). We will have a party in NYC at Consensus. By that time there will be many other elements of the launch in place. This includes:

• Verified exchange support
• Linux wallet and roadmap for other wallets
• Node specifications and configuration instructions
• Mining pool applications

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UPDATE: https://blog.zencash.io/big-news-chain-split-from-zclassic-now-at-block-110000/

[Opossum Minister]

$20? maybe, $50 I think is pretty out there. The event is 15 days away and ZCL is going for about $8 and change. I could see $20 in 15 days. I'd be happy to see $20! I like ZCLs.

[kc.]

$20? maybe, $50 I think is pretty out there. The event is 15 days away and ZCL is going for about $8 and change. I could see $20 in 15 days. I'd be happy to see $20! I like ZCLs.

Agreed, but I wouldn't be surprised if it hits near $50.

[bobo012]

Honestly in this alt bull market i wouldn't even be surprised if it hits 50 dollars

[gvernn]

Are you gents planning on selling zclassic as soon as you make the import?

[kc.]

Are you gents planning on selling zclassic as soon as you make the import?

That's a good question. I haven't really planned on what I'm going to do with my ZCL yet once I get my ZEN. I'm assuming a lot of people will dump it.

[kc.]

ZClassic making moves.

[Opossum Minister]

Are you gents planning on selling zclassic as soon as you make the import?

I will sell it BEFORE I even think of making the import if it hits $50 :lol:

[kc.]

UPDATE: https://blog.zencash.io/big-news-chain-split-from-zclassic-now-at-block-110000/

[kc.]

Video explaining ZEN - https://www.youtube.com/watch?v=6oG65jU-eo8

[yelllowsin]

I think there will be dumps on Zclassic as the fork approaches. Investing at this time is very risky.

[JDS1000]

Still acquiring more ZCL -  I'll probably dump and rebuy ZCL...

[bobo012]

Still acquiring more ZCL -  I'll probably dump and rebuy ZCL...

You think the price will trend lower before the split?

[andrew2k]

Still acquiring more ZCL -  I'll probably dump and rebuy ZCL...

You think the price will trend lower before the split?

After the split mostly, no reason for dumping before the split. People are accumulating ZCL in order to receive ZEN, as we get closer and closer to block 100,000 the price should rise but after that there will probably be some big dumps, especially if the price of ZCL is high at the time.

[JDS1000]

I think Zen will moon after split and ZCL will dump... because a lot of folks are just in it for the ZEN & markets tend to over react.  I plan to pick up more ZCL if it's low...  Planning to HODL both at this point.

Pretty much what Andrew2k just said....  :-)

Still acquiring more ZCL -  I'll probably dump and rebuy ZCL...

You think the price will trend lower before the split?

[Luwonder]

Still acquiring more ZCL -  I'll probably dump and rebuy ZCL...

I think it is better to mine some now.

[JDS1000]

Bittrex is still closed, but lots of dumping of $ZCL on C-Cex where prices have been .0007 and Cryptopia where the lows are .001.

[adroitful_one]

Still acquiring more ZCL -  I'll probably dump and rebuy ZCL...

I think it is better to mine some now.

Well, the network hash is still extremely high. I'm not mining anymore than I was a week ago. If the price has tanked that low, I would think a few miners would have backed out and i'd be able to mine a bit more. As far as that $20-$50 estimate, I doubt it. I could see it hitting $15 or so MAX.

[tacaro]

In a short term perspectiv what you guys think about zencash price ? What's the best strategy for a short term profit ?

[amirheavy666]

The price of Zclassic is now 4$ from 10$ in yesterday but you say it go to 20$ or 50$
what's your idea? i dont think it go up again