Mitja123 (OP)
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May 22, 2017, 03:45:45 PM |
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Does anyone know why price of Zcash going so high?
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"If you don't want people to know you're a scumbag then don't be a scumbag." -- margaritahuyan
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zij
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May 22, 2017, 03:48:53 PM |
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BlockchainCapsule
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May 22, 2017, 09:42:16 PM |
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In my opinion ZCASH will raise like hell and go over 1ZC = 1BTC with this news. It will be the second XRP Pump here ;-)
It will be very good. But 1ZEC=1BTC is too optimistic prediction |
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QuintLeo
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May 23, 2017, 12:19:21 AM |
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And again, folks confuse "use of technology" with "use of the coin".
The articles clearly state that JP Morgan is planning to integrate/in process of integrating some of the ZEC *TECHNOLOGY* into their own blockchain-based platform - which will NOT use ZEC the coin.
This is a LOT more clear-cut based on what the articles SAY as opposed to the confusion of "Ripple Technology" vs the use of XRP the coin.
But yes, the spike DOES appear to be based on that news - and it's good for us miners as long as the price stays up, even if the reason is wrong. 8-)
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I'm no longer legendary just in my own mind!
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Zncon
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May 23, 2017, 08:18:40 AM |
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And again, folks confuse "use of technology" with "use of the coin".
The articles clearly state that JP Morgan is planning to integrate/in process of integrating some of the ZEC *TECHNOLOGY* into their own blockchain-based platform - which will NOT use ZEC the coin.
This is a LOT more clear-cut based on what the articles SAY as opposed to the confusion of "Ripple Technology" vs the use of XRP the coin.
But yes, the spike DOES appear to be based on that news - and it's good for us miners as long as the price stays up, even if the reason is wrong. 8-)
The reason is not wrong. The Team stands behind the coin and the technology. Good PR for the team is good PR for zcash. |
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Vaccinus
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May 23, 2017, 09:54:42 AM |
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In my opinion ZCASH will raise like hell and go over 1ZC = 1BTC with this news. It will be the second XRP Pump here ;-)
It will be very good. But 1ZEC=1BTC is too optimistic prediction at the beginning zcash was very overpriced, i remember 1 was worth 3k bitcoin, yes you heard it right was 3k bitcoin, but the voluem was very low, i think 1 btc is possible but it need more investors |
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BlockchainCapsule
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May 23, 2017, 11:11:51 AM |
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i remember 1 was worth 3k bitcoin
Really? It is new information for me. I think coin will be pumped again soon |
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QuintLeo
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May 24, 2017, 01:59:18 AM |
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ZEC the first couple of days had INSANE valuation - was way over $3000 for the first few hours it was available to be traded, the very first folks to mine it made a KILLING (I didn't do quite so well, but did start mining on it about the end of day 2 or sometime in day 3 and I think I pulled in $1500ish during my first week of mining it vs. my NORMAL ballpark $600-$800 a week just before that) - hashrates were a ton lower at that point due to the miners being VERY immmature and nowhere near optimised, but the network hashrate was tiny 'till the news got around and a TON of folks jumped on it - and the price collapsed quite quickly into the under-$100 range, where ZEC basically moved into being one of "the basket of more-or-less even profitability" coins.
It was nice enough the first couple weeks that it paid for at least one of my current "newest rigs", and I think part of a second.
The last move doesn't really count as a "pump" as it was based on news (even if I think that news was misinterpreted), not just market manipulation.
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I'm no longer legendary just in my own mind!
Like something I said? Donations gratefully accepted. LYLnTKvLefz9izJFUvEGQEZzSkz34b3N6U (Litecoin)
1GYbjMTPdCuV7dci3iCUiaRrcNuaiQrVYY (Bitcoin)
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lausam
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May 24, 2017, 02:44:32 AM |
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I do not know because I do not follow zcash mining.
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Taxidermista
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July 08, 2017, 10:04:04 AM |
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Does anyone know why price of Zcash going so high?
Does anyone know why Zcash price is going to hell? |
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Q_R_V
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July 08, 2017, 10:37:33 AM |
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Does anyone know why price of Zcash going so high?
Does anyone know why Zcash price is going to hell? Took me 0.5 seconds.  |
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