We got close to ZEC price again in last days, but did not get ahead. I dont believe Monero was ever more expensive then ZEC so far. This was sort of destined to happen because of the emission. Doubt many here speculated it will not happen this long. Any ideas when Monero will get more expensive then ZEC?
Probably soon (2-10 days). But we will see if the higher price will last. I am no expert in TA but it seems like they have pretty similar support levels (around $90-$100) so we will see which one will be stronger.
What do you think the consequences of this "flippening" may be?
BTW. Just saw
this article today explaining how private ZCash really is.
True,,, even I did not think it would happen this long, or this year. I know long term Monero has the strength and vitality to outperform ZEC but because of the marketing and hype surrounding such coins, plus with the fud of Monero and temporary weakening from multiple forks, it was not logical to see a price increase over the short term.
Did anyone notice how high the values for XMR trading on p2p like bsq is climbing higher and higher? That is a good sign even in these bad times.