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Author Topic: Privacy and anonymity has no worth - ZEC - ZEN - DASH the crypto is dead now!  (Read 79 times)
DashingAgent (OP)
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December 11, 2020, 08:51:23 AM
 #1

Privacy and anonymity has no worth - ZEC - ZEN - DASH the crypto is dead now!

Every crypto hits it ath, ZEC - ZEN and DASH are the cryptos which never hitting to its ATH. At the launch of ZEC network, 1 ZEC had more than a BTC and now it is completely dead even in 2017s bull run, ZEC could only reached to 0.10 BTC. Hence this proves that privacy and anonymity has no worth in cryptocurrency.

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December 11, 2020, 11:56:03 AM
 #2

You need to know the difference between privacy coins and anonymou coins. Bitcoin for example is a privacy coin provided if you want to be private while dealing with it, that is why it is possible to tracked bitcoin on its blockchain using the blockchain explorer but yet can not be linked to your identity, that is why bitcoin and such coins that are like that are called privacy coins.

Coins like dash are different and are called anonymou coins, because they can not be tracked using any explorer.

About other coins reaching all time high, even the so called ether, bitcoin cash, litecoin and many others have not reach all time high, they are not even close to that. Only bitcoin reach all time high recently in December, 2020.

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tranthidung
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December 11, 2020, 12:53:58 PM
 #3

Privacy and anonymity has no worth - ZEC - ZEN - DASH the crypto is dead now!
What is your definition of dead coin? Please define yours.

Quote
Every crypto hits it ath, ZEC - ZEN and DASH are the cryptos which never hitting to its ATH. At the launch of ZEC network, 1 ZEC had more than a BTC and now it is completely dead even in 2017s bull run, ZEC could only reached to 0.10 BTC. Hence this proves that privacy and anonymity has no worth in cryptocurrency.
Your statement is extremely fault. What is this? "Every crypto hits its ath". You have to be clear and differentiate between
  • Reach past ATH
  • Make a new ATH
These 2 situations are very different. With the bull run recently, Bitcoin moves to its all time high range. Some said it moved closely to its past all time high in 2017. Some said it made a new all time high. Honestly, the highest price of bitcoin is in 2017 on BitMEX ($20093)and even the King, bitcoin has not yet made its new record ATH.

Altcoins, I only discussed about old altcoins that have their ages from 4 and above, have not yet reached their past 2017 or 2018 All time highs. For young altcoins, I don't care about them much and even they reached their new all time highs recent months, it does not make much sense.


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December 11, 2020, 03:25:43 PM
 #4


Your statement is extremely fault. What is this? "Every crypto hits its ath". You have to be clear and differentiate between
  • Reach past ATH
  • Make a new ATH
These 2 situations are very different. With the bull run recently, Bitcoin moves to its all time high range. Some said it moved closely to its past all time high in 2017. Some said it made a new all time high. Honestly, the highest price of bitcoin is in 2017 on BitMEX ($20093)and even the King, bitcoin has not yet made its new record ATH.


Judging by his statements, it seems that the OP is frustrated on the aforementioned crypto, claiming to a false belief that those were dead coins. I don't know if he really know the real meaning of ATH and its impact to a crypto's price. All he know is that once a crypto gets a difficult time reaching its past ATH, its already dead.

@OP, keep in mind that XRP is also haven't reached even the 25% of its ATH, so we could justify it as a dead coin? It also has a privacy on transactions as its feature. Yet, with its recent bull run, many had been gaining their wealth and still investing in XRP, STILL having the fact that it never reached 25% to 50% of its ATH for almost 3 years. So, should we lose hope and justify it as a dead coin? LOL

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December 12, 2020, 06:43:32 AM
 #5

Privacy and anonymity has no worth - ZEC - ZEN - DASH the crypto is dead now!

Every crypto hits it ath, ZEC - ZEN and DASH are the cryptos which never hitting to its ATH. At the launch of ZEC network, 1 ZEC had more than a BTC and now it is completely dead even in 2017s bull run, ZEC could only reached to 0.10 BTC. Hence this proves that privacy and anonymity has no worth in cryptocurrency.

Wow, so many misconceptions here, where to start?

DASH arguably is not private so I will cross off your example.

ZEC was a testbed for zk-SNARKs.

The future of privacy is on Ethereum. Banks and institutions are beginning to use crypto and are legally obligated to protect the identity of their customers and their data and will use zk-SNARKs to do so. The next big wave after DeFi is privacy on Ethereum and that's why I've invested in 0xMR, PRV, Secret...

Finally, it sounds like you believe a project is only valuable if it has a high price or if it's token price is doing well. A project is valuable if it provides utility and if it provides utility that is valuable to the world, it will increase in value at some point in the future. We are early investors in this technology and the markets are unregulated. Litecoin for example does not provide more utility than Hedera Hashgraph and is valued inappropriately. Invest in utility and business usecase if you want to make it.
Novatech8
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December 12, 2020, 10:45:10 AM
 #6

You need to know the difference between privacy coins and anonymou coins. Bitcoin for example is a privacy coin provided if you want to be private while dealing with it, that is why it is possible to tracked bitcoin on its blockchain using the blockchain explorer but yet can not be linked to your identity, that is why bitcoin and such coins that are like that are called privacy coins.

Coins like dash are different and are called anonymou coins, because they can not be tracked using any explorer.

About other coins reaching all time high, even the so called ether, bitcoin cash, litecoin and many others have not reach all time high, they are not even close to that. Only bitcoin reach all time high recently in December, 2020.
Tracking bitcoin can be linked to your identity, don't make a mistake here, you can only hide your identity if you don't want to change your bitcoin to Fiat, every crypto platforms that allows coins to Fiat transactions straight to bank accounts always have possession over users data like National identity card or international passport

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December 12, 2020, 12:50:56 PM
 #7

Privacy and anonymity has no worth - ZEC - ZEN - DASH the crypto is dead now!

Every crypto hits it ath, ZEC - ZEN and DASH are the cryptos which never hitting to its ATH. At the launch of ZEC network, 1 ZEC had more than a BTC and now it is completely dead even in 2017s bull run, ZEC could only reached to 0.10 BTC. Hence this proves that privacy and anonymity has no worth in cryptocurrency.

Maybe not to you but to the people who are interested in privacy coins and is important to them, and as for being dead I don't think that's completely so true because the hype of this coin has died down don't mean they are dead, there are many privacy coin in the market now so the attention is being diverted.
Anish02
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December 12, 2020, 01:11:05 PM
 #8

I don't think all the mentioned coins by the OP are dead, they had great ATH and sooner they would going to set new ATH as per the time because right now people are more likely to focus on privacy and anonymity and that's why it has great future. If you wanna take the example of a dead privacy coin then it would be Ghost by Jhon Mcafee. You could compare Ghost with all these mentioned coins and you would find it out which coin is a dead one.
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December 13, 2020, 04:15:59 PM
 #9

Every coin hit its ath? Are we sure about that? I am looking at the top coins, the ethereums, the ripples the bitcoin cashes the bnb's and litecoins and they are nowhere near their all time high prices at all. These coins are as high as the other ones, they are not special don't get me wrong and I am not here to defend them and say that they will skyrocket and make us all rich, that is not I am not after at all, but they are not down or up more than most coins neither.

You have to realize that crypto market doesn't care about anonymity, they just see these as regular coins and whatever other coins do these coins do that, if they go up these go up if they go down these go down, and basically that is all there is to it and that is about it, nothing more or nothing less.

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