Post
Topic
Board Speculation (Altcoins)
Re: All polo coins dropped due to zcash?
by
Red-Apple
on 31/10/2016, 14:07:24 UTC
I usually trade on poloniex and today saw a huge downward movement in all coins dropping nearly 40%of my investment?.is it due to zcash entry?what price will zcash land at ?at present it is trading at 8btc a coin iam so surprised confused about what to do?any expert advice?

ZCash is just a highly hyped up coin which is now being pumped and hyped hard and all the red you see in the market has nothing to do with it but instead it is because of the bitcoin price rise as others have also said millions of times on different topics.
don't worry too much everything will be back to normal and the good old pump and dump days Cheesy