Post
Topic
Board Altcoin Discussion
Re: Thoughts on Zcash?
by
paycum
on 06/11/2016, 20:48:02 UTC
coin shows its true value on poloniex
True value is determined through cost of mining. I have a 10 Sol/s contract for 4 months with www.Zcash-Miner.com which costs me 0.125 BTC. I am mining since Genesis block and mined 0.01047092 ZEC so far. So, true value of 1 ZEC right now should be 0.125/0.01047092, i.e. 11.93782399 BTC. As more coins are mined, true value is expected to go down and settle at 1 BTC. Whatever value is shown right now on various exchanges are result of trading.

absolutely disagree. there is a big difference in the "break even point" for miners and the real zec value.

most importantly is that a) about 214,000 zec is bought for only $4.6 per zec by the first investors, b) another 132,000 zec is bought for $15 per zec, and c) the amount of zec available will increase fast which lowers the price.

With current prices investors get a insanely high roi by selling coins, and dont forget about 20% of all mined coins go to the investors.

im not saying they will sell all, but you must be a crazy investor to not secure at least part of your giant earnings.

and value is always based on ask/demand. therefore looking at the above im prety sure real value for coming months will be somewhere around $25 - $50 usd or so, maybe $100-$250 over time in case it gets popular or when it gets hyped or pumped.

if i had to guess we will see a price of 0.05 and 0.1 btc sooner then you think.