ZEC price will start to dump again about the 28th when they reward founders with their share of coins; as they will seek to cash in ASAP.
"We will begin initiating transfers of the Founders' Reward funds sometime on or after November 28th, 2016, a month after our launch. Recipients of the Founders' Reward may independently use these funds as they see fit...."
Miners will seek profits elsewhere. I'm guessing ZCL or Zdash. ZCL has a bit of an upper hand being listed with multiple exchanges but w/only Linux wallet avail it kind of limits the coins use. This gives Zdash an opportunity to take advantage; in the end ZEC may prove it has some staying power in cryptocurrency world after all. Most likely is we can look forward to a shitload of FORK'd "Z" coins to come.
The cost of mining of ZDASH is so ridicules low. 7200 coins are being added for almost no cost. Before ZDASH hits 100sats it is way too early to even consider buying ZDASH. ZCL is a different story, a lot more miners and the price is 0.00200100. Mining cost is a lot higher on ZCL then on ZDASH. In fact ZEC will crash, but all clones will crash too, only if ZEC is being pumped hard, coins like ZDASH and ZCL will move higher. Remmeber the POTcoin pump and all the other coins were pumped too... also you cannot compare ZCL with ZDASH. ZCL is already trading on C-CEX, Yobit, Bittrex and ZDASH is trading on cryptopia lol
I've ask dev a bounty of 10% to get it listed on C-cex... but he is still refusing. I can easily get ZDASH listed on C-cex, but no reward = why should i do dev job?
Clearly you've read all my prev post but failed to get the point; which is I miner strictly for profit and couldn't give 2 fucks about the coin. Where they end up is where they end up. For now I mine Zdash cause more profit is there with such low diffs. 3 days ago it was ZEC and a week before that it was ZCL. There is nothing I could say to make any coin price go up or down. That will be determined by the coins Dev's and the coins functionality. I am a miner; not a dev or a cheerleader.