Zcash (ZEC) price keeps falling, whats your opinions?

[gt_addict]

So ive seen that the ZEC price keeps falling with a couple of intermitent increases. Whats your opinions on whats going on? Judging by the amount ive read about people mining it i find it surprising that its still falling, I wouldve thought it would be pretty stable,if not growing steadily.

[lunobird]

Simple. Buy the dip. Snatch it from the weak hands

[mctrader001]

ZCASH (ZEC) has just been added to Bithumb a very big exchange in South Korea. When Bitcoin Cash, Monero and Litecoin were added in that same exchange, they shot off three times their values. There was just premature buying last week that caused ZEC price to surge. Two days before ZEC actually activated for trading in Bithumb, an employee told everyone he knew, got his friends excited, they bought in, price ramped up but the Korean public couldn't buy in because they could only buy in at October 1, so that stopped what would've been a huge run up.

I think people bidding to buy are just trying to get a good price and 'weak hands' keep giving in out of fear. ZEC will creep back up. Why shouldn't it? It's still as good a project as it's ever been. In fact Edward Snowden tweeted that it is probably the most secure, privacy-centric coin there is at the moment. And when people, especially the Koreans, begin to see it, they will buy in and accelerate the price to go up. If it's just as good as last few times, we can expect the price to rise at least three times, in, around or hopefully above the $800 - $900 range.

So I say get in quick if you're not in already, get these good prices now and wait for the ride.

I'm wildly speculating here, of course. I'm happy to hear what the rest thinks.

[alexrossi]

As a miner with 1060 I can tell you that even with the recently price fall I see zec on whattomine still in the first place. So I think that I'm going to stick with it or eventually move on zclassic to have steadier payments.

[kemo6600]

ZEC Bithumb bump started to show around 200-230 USD , i wouldn't be surprised if it went back to that price .

[Maticul]

Simple. Buy the dip. Snatch it from the weak hands

That is right. I keep on mining it now.

[shibob]

For anonymous coin such as XMR, ZEc and Dash, I think the best coin should be XMR which I'm mining now even with no profit.

ZEC looks like a good anonymous coin, but it has drawback on trusted setup. I will buy some ZEC if it dump back to 150$, but it may be hard.

[alexrossi]

Biggest trouble in my opinion is currently the high computational requirement to shield a transaction. Competition has different trade-offs but generally is much quicker when signing a transaction.

[wstealth]

One month ago my rig with 6 of 1070 could mine around 1.55 of ZEC per month.
Now, it is close to 1.15 ZEC.
So, the difficulty was changed a lot.

But I would continue to mine it now.

[farfanx4]

Buy it!! It s still one of the best choices to mine these days you can see t in the first place in whattomine.

[arielbit]

remember when you are getting 0.1 btc a day mining zec, now it is 0.1 zec a day..the irony 

[Vispilio]

The biggest disadvantage of ZEC is it's still profitable to mine at these levels. The oversupply of miners have led to the oversupply of all profitably mined coins making their prices stall. The mining frenzy of Spring'17 have changed the dynamic of all mineable coins, I sincerely hope Korean exchange news helps ZEC as much as expected...

[mctrader001]

ZCASH (ZEC) has just been added to Bithumb a very big exchange in South Korea. When Bitcoin Cash, Monero and Litecoin were added in that same exchange, they shot off three times their values. There was just premature buying last week that caused ZEC price to surge. Two days before ZEC actually activated for trading in Bithumb, an employee told everyone he knew, got his friends excited, they bought in, price ramped up but the Korean public couldn't buy in because they could only buy in at October 1, so that stopped what would've been a huge run up.

I think people bidding to buy are just trying to get a good price and 'weak hands' keep giving in out of fear. ZEC will creep back up. Why shouldn't it? It's still as good a project as it's ever been. In fact Edward Snowden tweeted that it is probably the most secure, privacy-centric coin there is at the moment. And when people, especially the Koreans, begin to see it, they will buy in and accelerate the price to go up. If it's just as good as last few times, we can expect the price to rise at least three times, in, around or hopefully above the $800 - $900 range.

So I say get in quick if you're not in already, get these good prices now and wait for the ride.

I'm wildly speculating here, of course. I'm happy to hear what the rest thinks.

It might still be too early to tell but I think it's begun gents. Take a look at the 15min, 30min, and 1 hours charts!  There's a lot of people buying in now. The price movements are huge compared to the last few bars /candles.

[marti718]

Well, no reason ZEC can't go back to $130. Heck, $100 is a very likely spot for ZEC to end up before it stops. After that huge spike a few days ago I have no confidence that ZEC is going up anytime soon.

[Sev18]

Recently its price increased because it was listed on Bithumb.
Many traders are realizing profits, it's falling. These things are happening on every coin when listed on major exchange.

[Tidsdilatation]

My personal opinion is that there is nothing special with Zcash. Except the "security" of the network size. There are many new better coins with better privacy and better code. Zencash is one of these. I've sold all my Zcash and invested in better options.

[EMWEE]

I was lucky enough for my limit order to sell and doubled my investment. Looking at the charts i think the prices will keep going down.

[UnknownX]

One month ago my rig with 6 of 1070 could mine around 1.55 of ZEC per month.
Now, it is close to 1.15 ZEC.
So, the difficulty was changed a lot.

But I would continue to mine it now.

yep, the difficulty will be rising more and the price will be going down, because of crowds of AMD fans switching from ETH to ZEC.
Oversupply of ZEC is coming.

[wstealth]

One month ago my rig with 6 of 1070 could mine around 1.55 of ZEC per month.
Now, it is close to 1.15 ZEC.
So, the difficulty was changed a lot.

But I would continue to mine it now.

yep, the difficulty will be rising more and the price will be going down, because of crowds of AMD fans switching from ETH to ZEC.
Oversupply of ZEC is coming. we

It would be nice to find a good alternative then.

[sevenmiles]

One month ago my rig with 6 of 1070 could mine around 1.55 of ZEC per month.
Now, it is close to 1.15 ZEC.
So, the difficulty was changed a lot.

But I would continue to mine it now.

yep, the difficulty will be rising more and the price will be going down, because of crowds of AMD fans switching from ETH to ZEC.
Oversupply of ZEC is coming. we

It would be nice to find a good alternative then.

I don't think you can find a better alternative for a "long" (i mean for week, not even for months) term...
hashrates from ethereum will just easily flood into any GPU mining coins today...
doesn't matter it's Ethash based coins like ethereum classic, expanse, musicoin, Ubiq, or it's Equihash based coins other than Zcash, such as Zclassic, Hush, Zencash, or even Monero, LBRY...
all these together are still s small fraction of the GPUs are mining ethereum today...
so just hope there would any new algo that just AMD can hardly mine