[ANN][BTCZ] BitcoinZ - Low Fees, 100% Community, POW-Equihash No-Premine No-Tax

[Thewolfofcrypto]

With 21 billion coins how can this coin have any real value? I don't understand... 

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[Barsban]

Hello.

i would like to annouce that Sushi ushi, 119-121 Great Western Road, Glasgow G49AH, Scotland accepted bitcoinZ for payments.

Already you can pay in shop. Online ordering just in pounds, but you can see menu on www.sushiushi.co.uk.

Our webpage will lounch hopefully friday or saturday.

We do sushi and japanese hot food :-)

I would like to attach a picture, but dont know how to do it, any help???

 

wallet address: t1JXJxe1kb8eghggUkh7x8DPtPZvE5Lpz8j

As for my POW: it's amazing news for BTCz while tons of scamcoins at top 100 does not have any shops who accept there scamcoins.


P.S. I guess I remembers something like this at history with 10.000 bitcoin and pizza

[Barsban]

With 21 billion coins how can this coin have any real value? I don't understand...  

At the first time if you want some simplicity for the mind
Just divide the coins by 1000 to get the usual quantities at BTC
So, 1000 BTCz = 1 BTC
It's so simple.
After some time you will find that billions not a problem at all.

[EPEMA]

With 21 billion coins how can this coin have any real value? I don't understand... 

Do you find it easier to count, 1 + 2 + 17 or 0,001 + 0,002 + 0,017?
Millions of coins are convenient, it's money and not souvenirs, Bitcoin has turned into an expensive souvenir, the future for BTCZ !!!

[Thewolfofcrypto]

With 21 billion coins how can this coin have any real value? I don't understand...  

At the first time if you want some simplicity for the mind
Just divide the coins by 1000 to get the usual quantities at BTC
So, 1000 BTCz = 1 BTC
It's so simple.
After some time you will find that billions not a problem at all.

But that is completely wrong... 1000 BTCZ = 0.0008 / $118 ? 1,250,000 BTCZ = 1 bitcoin ?

[Vandar]

With 21 billion coins how can this coin have any real value? I don't understand... 

Then maybe you have to think that Ripple has almost the double circulation number (38 billions) ,  and already has a value of OVER 3 dollars,  with ALL the coins available without POW and no real decentralization.
So please think it again...!

It's all on us,  on the community to make this coin popular and acceptable from everyone in the future!

[Vandar]

Which one would you choose?   Which one has the true spirit of the original bitcoin?

BTCZ = the only true community coin, no premine, no dev fund, and no founders reward.

ZEC = 20% founder fund, WTF
ZEN = 8.5% treasury fund
HUSH = Premine
ZCL = ZEC fork, TBD fork to BTCP, lame

simply put in my opinion we are the only ones with a future with what bitcoin originally was trying to stand for with fundamentals

Why don't you buy ZCL and support Bitcoin Private? 21 million supply rather than 21 billion?

Well said!  Big like

[faneatiku]

Hello.

i would like to annouce that Sushi ushi, 119-121 Great Western Road, Glasgow G49AH, Scotland accepted bitcoinZ for payments.

Already you can pay in shop. Online ordering just in pounds, but you can see menu on www.sushiushi.co.uk.

Our webpage will lounch hopefully friday or saturday.

We do sushi and japanese hot food :-)

I would like to attach a picture, but dont know how to do it, any help???

 

wallet address: t1JXJxe1kb8eghggUkh7x8DPtPZvE5Lpz8j

As for my POW: it's amazing news for BTCz while tons of scamcoins at top 100 does not have any shops who accept there scamcoins.


P.S. I guess I remembers something like this at history with 10.000 bitcoin and pizza

And this is just the beginning. Some of the community members (including me) are developing online shops for BTCZ, and other tools that enhance BTCZ as payment method. We just need time. Let them FUDers and non-believers talk and keep mining/buying/HODLing.

[engmsf]

The 21 billion supply is not an issue.  

For illustration, if the BTC block reward is 12.5 coins per 2.5 mins, then BTCZ reward is 12500 per 2.5 mins.   Over time as the price rises, we will appreciate dealing in whole numbers instead of fractions.

As others have mentioned, it is a pain to deal in 0.001 BTC.   I rather deal with "1" whole number BTCZ.

With 21 billion coins how can this coin have any real value? I don't understand...  

At the first time if you want some simplicity for the mind
Just divide the coins by 1000 to get the usual quantities at BTC
So, 1000 BTCz = 1 BTC
It's so simple.
After some time you will find that billions not a problem at all.

But that is completely wrong... 1000 BTCZ = 0.0008 / $118 ? 1,250,000 BTCZ = 1 bitcoin ?

[engmsf]

BitcoinZ is the only true community coin with zk-snarks privacy technology.

ZCL & BTC (BTC Private) owners will hold majority of the wealth. With difficulty spiking because of the hype, new comers will be left to mine the crumbs while BTC /ZCL holders control the lions share of the coin, and thus control the market.   The coin price will stay somewhere around $80-$120 for the foreseeable future, making it nearly unobtainable for more than 50% of the worlds population. This will have a massive impact on global adoption, as at the moment and well into the future, even the poorest individuals will be able to obtain and use BTCZ for purchases.

Which one would you choose?   Which one has the true spirit of the original bitcoin?

BTCZ = the only true community coin, no premine, no dev fund, and no founders reward.

ZEC = 20% founder fund, WTF
ZEN = 8.5% treasury fund
HUSH = Premine
ZCL = ZEC fork, TBD fork to BTCP, lame

simply put in my opinion we are the only ones with a future with what bitcoin originally was trying to stand for with fundamentals

Why don't you buy ZCL and support Bitcoin Private? 21 million supply rather than 21 billion?

Well said!  Big like

[faneatiku]

With 21 billion coins how can this coin have any real value? I don't understand...  

At the first time if you want some simplicity for the mind
Just divide the coins by 1000 to get the usual quantities at BTC
So, 1000 BTCz = 1 BTC
It's so simple.
After some time you will find that billions not a problem at all.

But that is completely wrong... 1000 BTCZ = 0.0008 / $118 ? 1,250,000 BTCZ = 1 bitcoin ?

That's not what he meant. He just answered your question. You asked how can this coin have a value and the answer is simple:
- lets suppose BTC max supply is reached, that's 21M, and that the price will be 15000$ for 1 BTC;
- that means BTC will have a marketcap of 315B $;
- lets suppose BTCZ reaches max supply, that's 21B
- lets suppose BTCZ will have marketcap equal with BTC's marketcap, thats 315B $
- this means that BTCZ's price is 15$.
This is just a suppose.

In real life the market changes , BTC might fall or might get even higher, the only thing you have to keep in mind is that BTCZ can be as big as BTC is now(january 2018) if reaches only 15$ in value. We know that being as big as BTC is hard, but technically BTCZ is better, with privacy in Z addresses and lightning fast transactions. All we need is to get the supply circulating (mine the coins), HOLD them as we are believers (otherwise whales can influence the coin's price), and buy them from miners that have to pay bills.

In other words and on a more realistic picture BTCZ is not designed to be a souvenir or an investment like gold or diamonds. BTCZ is designed to actually get rid of calculating BTC amount that you should transfer when you have to pay 23$ for something. For BTCZ it should be something like 11 BTCZ = 23$ (it's just an example). BTCZ doesn't need a value of 15.000 $ to be as big as BTC, it just needs to get to 15$, and that's a good and fair price, since it doesn't have dev taxes, it wasn't premined, it is asic resistant, so everybody has a fair start.

[Vandar]

With 21 billion coins how can this coin have any real value? I don't understand...  

At the first time if you want some simplicity for the mind
Just divide the coins by 1000 to get the usual quantities at BTC
So, 1000 BTCz = 1 BTC
It's so simple.
After some time you will find that billions not a problem at all.

But that is completely wrong... 1000 BTCZ = 0.0008 / $118 ? 1,250,000 BTCZ = 1 bitcoin ?

That's not what he meant. He just answered your question. You asked how can this coin have a value and the answer is simple:
- lets suppose BTC max supply is reached, that's 21M, and that the price will be 15000$ for 1 BTC;
- that means BTC will have a marketcap of 315B $;
- lets suppose BTCZ reaches max supply, that's 21B
- lets suppose BTCZ will have marketcap equal with BTC's marketcap, thats 315B $
- this means that BTCZ's price is 15$.
This is just a suppose.

In real life the market changes , BTC might fall or might get even higher, the only thing you have to keep in mind is that BTCZ can be as big as BTC is now(january 2018) if reaches only 15$ in value. We know that being as big as BTC is hard, but technically BTCZ is better, with privacy in Z addresses and lightning fast transactions. All we need is to get the supply circulating (mine the coins), HOLD them as we are believers (otherwise whales can influence the coin's price), and buy them from miners that have to pay bills.

In other words and on a more realistic picture BTCZ is not designed to be a souvenir or an investment like gold or diamonds. BTCZ is designed to actually get rid of calculating BTC amount that you should transfer when you have to pay 23$ for something. For BTCZ it should be something like 11 BTCZ = 23$ (it's just an example). BTCZ doesn't need a value of 15.000 $ to be as big as BTC, it just needs to get to 15$, and that's a good and fair price, since it doesn't have dev taxes, it wasn't premined, it is asic resistant, so everybody has a fair start.

Absolutely agreed ! You said it all!

[Zendalet]

Isn't BitcoinZ technically similar to Bitcoin Private? ZClassic is currently priced at about $100 per coin. Because the supply of BitcoinZ is about 1000 times bigger, the price of BitcoinZ could be 1/1000th. In other words, $0.10. Accumulate before people find out!

[tommocoinman]

Isn't BitcoinZ technically similar to Bitcoin Private? ZClassic is currently priced at about $100 per coin. Because the supply of BitcoinZ is about 1000 times bigger, the price of BitcoinZ could be 1/1000th. In other words, $0.10. Accumulate before people find out!

I hope it becomes $0.10, I have 180,000 bitcoinZ and that would make me very happy. , $18,000 happy.

And just look at Cardano, 24 billion coins, price is now $1.20 or something, imagine that, I'd have A QUARTER MILLION!!!!

[CarlOrff]

What's going on with vicious mining ? It is closed ? Why ?

[Zendalet]

Isn't BitcoinZ technically similar to Bitcoin Private? ZClassic is currently priced at about $100 per coin. Because the supply of BitcoinZ is about 1000 times bigger, the price of BitcoinZ could be 1/1000th. In other words, $0.10. Accumulate before people find out!

I hope it becomes $0.10, I have 180,000 bitcoinZ and that would make me very happy. , $18,000 happy.

And just look at Cardano, 24 billion coins, price is now $1.20 or something, imagine that, I'd have A QUARTER MILLION!!!!

Of course I wish us good fortune, but Cardano is technically quite different from BitcoinZ and Bitcoin Private. Let's first tacked $0.10, then we'll see if $1.20 is attainable.

[Woz2000]

I was mining there and saw a banner that said it was shutting down at 12:00pm tomorrow, didn't say the time zone.  Guess they shut down early.

Pure speculation, but with the jump in difficulty and lack of finding blocks, maybe they gave up.  I had 3k hashes running there and didn't see a block in about 30 hours (their net hash jumped between 30k and 50k hashes).

What's going on with vicious mining ? It is closed ? Why ?

[TheAnnoyer]

https://z.cash/blog/cultivating-sapling-faster-zksnarks.html

Zcash's next major upgrade, codenamed Sapling, will feature a set of groundbreaking performance improvements for our shielded transactions. In the last blog post of this series, we talked about a new elliptic curve for zk-SNARKs called BLS12-381, as well as new proving systems and other algorithms.

I saw this today:

https://z.cash/blog/new-release-1-0-14.html

How long before the BitcoinZ Developers implement this update?

[cryptoctrader]

When there will be BTCZ halvings??? Where can we find this information?

[onlyonce]

When there will be BTCZ halvings??? Where can we find this information?

3.99 years. 2021 is the first time halving, reduce block reward to 6250. You can find more infomation in community documents from BTCz homepage.

BTCz has good technology, strong community. In the age of scam coins, BTCz is really good. Price will be going up over time for long term.