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

[hanskan]

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.

what the hell you mean by "keeps falling" ? look where it was 12 days ago or is that ancient history already ?

[phundred]

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.

what the hell you mean by "keeps falling" ? look where it was 12 days ago or is that ancient history already ?

I also have the same question... I looked at the chart and did not see how it keeps falling 

[Vispilio]

all the profitably mined currencies are under pressure from a staggeringly high number of people that have gotten into mining during the course of 2017. For ETH, ZEC and some dual pairs, it looks like there are currently more miners than investors. So whenever there is a noticeable rally, these coins get smashed massively by the miners rushing in to cash their inventories...

That's why it's not a very positive outlook for ZCASH when it can barely hold at 400 USD for a couple of minutes only to get pummeled back 100+ USD...  

[Marvell2]

all the profitably mined currencies are under pressure from a staggeringly high number of people that have gotten into mining during the course of 2017. For ETH, ZEC and some dual pairs, it looks like there are currently more miners than investors. So whenever there is a noticeable rally, these coins get smashed massively by the miners rushing in to cash their inventories...

That's why it's not a very positive outlook for ZCASH when it can barely hold at 400 USD for a couple of minutes only to get pummeled back 100+ USD...  

Not enough buyers of ZCASH market cap is too low

[d4wn0ff473]

maybe the gpu miner raise the price, but I didn't know zcash had any real economy.

[nars28]

Zcash economic model is nicely packed scam in my opinion. 25% of mining rewards go to 1 man for the first 4 years. That is similar to like 25% of premine . Smart investors stay away from coins like this. I think it has no future beside P&D because supply is low for now.

[DevelopmentBank]

My opinion is that just keep mining ZEC while ETH difficulty is too high. I switched from ETH when the Sept. 21 difficulty bomb hit and because of the recent pump and dumps, ive made a shitload more than if i mined ETH. I sold all my zcash immediately of course.

In terms of long term speculation, im sticking with ETH.

[Dolbycocoin]

anything fall and rise about cryptocurrency is normal

[hanskan]

Zcash economic model is nicely packed scam in my opinion. 25% of mining rewards go to 1 man for the first 4 years. That is similar to like 25% of premine . Smart investors stay away from coins like this. I think it has no future beside P&D because supply is low for now.

hah, zcash has one of the best (if not THE best) dev team in all of crypto. 20% fee is very reasonable. If you think that the brightest minds in all of cryptography should work for free then you are seriously delusional.

[EMWEE]

My opinion is that just keep mining ZEC while ETH difficulty is too high. I switched from ETH when the Sept. 21 difficulty bomb hit and because of the recent pump and dumps, ive made a shitload more than if i mined ETH. I sold all my zcash immediately of course.

In terms of long term speculation, im sticking with ETH.

Do you think its still a good idea to switch at this moment? Im currenlty @ 112mh/s on ETH but thinking about switching to ZCash.

[coinfoundry]

I agree with the other posters here. ZEC will remain a viable currency for mining for the forseeable future.

[wstealth]

I agree with the other posters here. ZEC will remain a viable currency for mining for the forseeable future.

For mining - definitely yes (it is most profitable now), but what about keeping it for a long time?

[Metroid]

My opinion is change all your zcash or any other coin you have to eth very fast cause eth is about to break and hit 0.5 btc in few days. It might go higher than that. Thank me later and don't forget to thank me.

[Jasmint]

My opinion is change all your zcash or any other coin you have to eth very fast cause eth is about to break and hit 0.5 btc in few days. It might go higher than that. Thank me later and don't forget to thank me.

I think it is better to keep the ZCash now, the price is quite low at the moment.

[juicyjuice87]

Today the rate fell, grew tomorrow ... Generally I do not understand how it is possible at least something to run in the market of crypto-currency. It seems to me that everything depends on bitcoin. If it grows, it will understand the rest of the crypto currency

[phongtt]

https://imgur.com/a/JX7tq

I found a "dynamic" barrier that stop zcash from price surge. Don't know who but, fuck this guy.

[Vispilio]

My opinion is change all your zcash or any other coin you have to eth very fast cause eth is about to break and hit 0.5 btc in few days. It might go higher than that. Thank me later and don't forget to thank me.

what do you base that statement on ?, Flippening was a sure thing according to some people a few months ago, ETH plummeted real fast after that...

[EMWEE]

My opinion is change all your zcash or any other coin you have to eth very fast cause eth is about to break and hit 0.5 btc in few days. It might go higher than that. Thank me later and don't forget to thank me.

No way ETH can increase that much in just a couple of days. Maby if all planets in the universe align and BTC will drop, but it wont since everybody wants BTC for the fork.

[wstealth]

what do you base that statement on ?

I don't know for him, but maybe it is because of Byzantium hard fork planned for October 17?

[Periodik]

Crypto is in a huge correction since second half of this year. Hopefully we will come back again strong in 2018. If we monitor closely, ZEC is not the only one. This is why margin trading is bad since trading sites or whoever their financiers are needs to play the market well.