Ninjastic
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Post
Topic
Board Speculation (Altcoins)
Re: zcash soon 0.2 btc!
by
Febo
on 22/02/2017, 20:54:13 UTC
Quote from: Xember on February 21, 2017, 03:40:29 PM
Quote from: jjacob on February 21, 2017, 03:32:26 PM
Quote from: topesis on February 21, 2017, 01:19:54 PM
Quote from: Cryptotraider16 on January 19, 2017, 10:18:10 PM
Yeah i am sure soon will be only 20$!

I believe the fair price for zcash is $10, can you tell me who is using it in real world, virtually nobody so if there is no demand for this but only for speculative purpose then the bubble must burst. The only thing that would save the price is if one of these Dark markets decided to start accepting it

When we are all thinking about the price in dollar terms, the price in bitcoin terms has continued to drop.
The price is hovering around $30, while bitcoin is leaping up.
Right now, 1 BTC = 36 ZEC.

If we are patient, there could be a pump of the ZEC in the next several months.

ZEC is still way from bottom. Its price will still decrease in next months. No one can say if bottom will b reach this year or next year or even latter. It all depends of adoption rate. Adoption rate will be painfully slow, since ZEC have zero use.