Re: [ANN][ZEN] ZENCASH: Permanent, Distributed, and Fully Anonymous cryptocurrency
My thoughts on the concern over short term lower ZEN price:
ZEN has been near top of most profitable coins to mine which puts sell pressure from miners who immediately dump, that coupled with there being lots of easy coins gotten by non-believers in the project during the 1:1 ZCL fork.
The coin is new, had some launch hurdles and is priced accordingly. If you believe in the whitepaper and the vision then now is a good time to accumulate. When ZEC holders are are getting a 3x return ZEN holders will be getting a 300x return.
It looks like the world governments are attempting to pass bills doing whatever they can to halt the crypto scene. Last I read they want persons to have to disclose cryptocurrency balances when traveling internationally. You will be glad that you are holding one of the most censorship resistant and anonymous coins should this happens.
My 2 ZEN
ZEN has been near top of most profitable coins to mine which puts sell pressure from miners who immediately dump, that coupled with there being lots of easy coins gotten by non-believers in the project during the 1:1 ZCL fork.
The coin is new, had some launch hurdles and is priced accordingly. If you believe in the whitepaper and the vision then now is a good time to accumulate. When ZEC holders are are getting a 3x return ZEN holders will be getting a 300x return.
It looks like the world governments are attempting to pass bills doing whatever they can to halt the crypto scene. Last I read they want persons to have to disclose cryptocurrency balances when traveling internationally. You will be glad that you are holding one of the most censorship resistant and anonymous coins should this happens.
My 2 ZEN