Looks like I missed another Bithumb news spike... I am thinking now that if Bithumb continues to list all these anonymous coins, will their regulatory bodies sit up and take notice? As far as I know, everyone is pretty much cool with Bitcoin. But if the powers that be, see this move as a way to arm more criminals with anonymous crypto, it might change its mind soon.
What do you think guys, still a lot of room to grow or wait til it dips again?
First bithumb listed Dash and then Monero and now they will list Zcash as well. Ethereum is also working with Zcash (Zksnarks) for their privacy and Litecoin is working on privacy as well. With your theory, then all crypto-currencies can be used to arm more criminals which is not true. In my opinion, we still have time to buy Zcash before official announcement from Bithumb.
Secondly, UBIT another korean exchange (from Kakao talk) will be launching by the mids or Ends of October which will list Zcash ofcourse. So, Zcash is coming to Korean market and given its scarcity I am very much sure it will easily reach 500 USD by the end of 2017. But, you never know these Koreans can pump it up to 1000 USD as soon as it is listed.
Lastly, Zcash dev team is one of the best in the crypto sphere and they are constantly updating us with their development and collaborations. It is the best coin around. It is not expected to dip below max 250 USD now. Get into it before it is too late. Current 270 USD is still way below its all time high of 400 USD at the time when Koreans were not very keen on investing in altcoins. Good times ahead.
Decision is urs. All the best.
P.S I live and work in Seoul, South Korea and can understand a bit of Korean and talk with Korean community about crypto updates.
