Quote from: phr0stbyt3 on May 22, 2017, 11:34:39 PM

Quote from: Mitja123 on May 22, 2017, 04:06:04 PM

Does anyone know why price of Zcash going so high?

It's not only zcash if you currently see coinmarket cap so many coins price are just suddenly increasing and this is actually a good thing to see as after few months mostly the price will be low again but the best thing to see would be which alt actually made it far and which alt price increase was for fun

Actually, the Zcash is rising in the value because of the concept of the anonymity that can provide the user confirmation of his private key. That means that on their technology anonymity can be surpassed and the holder can prove he is the owner of a certain amount even if his identity isn't revealed in the end. It is a great concept and that made it suitable for the OpenBaazar which is listing it and allowing the promotion of this great altcoin.

Investors are seeing the opportunity because there are some functionalities that are even wider opened then the Bitcoin is. Also, the price is rising right now because the correction time has ended and new limitations in value can be surpassed.

It is the good investment right now if you want to double your profit!