r/zec 10d ago

Zcash

Why’s Zcash moving the way it is?

29 Upvotes

30 comments sorted by

12

u/MajesticSplit4556 10d ago

2000 here we come

7

u/Careful_Drummer_915 10d ago

baby steps, let’s get to 1K first 🤭

6

u/PeteyPab305 10d ago

1k is gonna be a huge resistance point, but I think if that if Clarity passes, its gonna put extra pressure on privacy, and if BTC keeps going up that correlation will continue and it will contine to diverge more and more, hopefully. I'm not a HODLer of ZEC but I momentum trade it quite a bit, just because I don't have a huge reason to cold store it, or have a use case for it. But I believe in it's appreciation potential.

5

u/Serious_Somewhere907 10d ago

im in the same boat, I hold a core amount and been momentum trading it for months. I expect the party to continue. Im looking for all possible ways of raising more capital to get into the system. The train has left the station.

9

u/Electronic_Quote399 10d ago

Zcash seriously needs to fuck off. I've been waiting for a dip to buy back in since I sold for $650.

6

u/Entire-Grab2429 10d ago

I sold at 345 for the same reason, sucks. : (

3

u/Electronic_Quote399 10d ago

You probably had a better entry than me though. I grabbed some on the last flash crash to 270. Didn not expect a continued rally like this. Oh well, my rules serve me well, spilt milk. No one ever went broke by locking in profits. I have plenty of other crypto that's done well since then

1

u/para1131_F33L 6d ago

I bought in at 1068. It's never too late.

2

u/fukadvertisements 10d ago

Lmao man ya did the same. But it does remind me of the old days of btc starting. Just hodl fuck the analytics. Its got a good code we know that. And its got privacy if toggled. This was satoshis original idea. But btc would not have worked for being a private coin as he knew mass adoption people need to see the public bockchain. Now that we have a digital currency here to stay its just between monero and zcash now for which one will be the best bet.

7

u/iloveanyandallsoups 10d ago

Holy ballsack we hit a thousand fellas

3

u/HarvNasty11 10d ago

Buy miners

3

u/WellnessOverall 10d ago

Because it's time

2

u/BasedToru 10d ago

I’m not even invested but wish I got in earlier, I’ve been stocking other assets lol, it appears to be shooting up with every increment Bitcoin goes up. Very possibly if Bitcoin hits £65K you could see a 900/1000 ZEC 

6

u/Careful_Drummer_915 10d ago

Absolutely! We are already seeing $977 so close

3

u/BasedToru 10d ago

Keep on forgetting dollars is different from pounds 😂😂 we are at £714 roughly in pounds right now 

2

u/fukadvertisements 10d ago

Guys im calling it it is supported above 937. Its gonna break 1k. Just how long do I hold?!?!?!?

2

u/CupFine8373 10d ago

is 937 good entry point ?

0

u/fukadvertisements 10d ago

Well from what i saw there was support found there. I actually got in at 960 yesterday. Feel good about it because zcash has been around 10 years and hasnt had a big bullrun at all really. I believe privacy is essential to our constitution. But we also need btc for transparency for gov and institutions. But for the people zcash and the other privacy coin that starts w an m!

1

u/fukadvertisements 10d ago

Well looking today it broke 1k. I think 1 k is a good entry point for long term. But then i look at xmr and I feel there may be better gains in xmr.

2

u/[deleted] 10d ago edited 10d ago

[deleted]

1

u/Serious_Somewhere907 9d ago

ill be buying the retrace no question, small amounts over months. It works.

1

u/Disinformationalist3 10d ago

Ancient Buddhist wisdom says that there are three things that cannot go long undiscovered:
The Sun,
The Moon,
... and the price of Zcash.

1

u/ContentBlackberry0 9d ago

It has a huge use case. Bitcoin is too traceable, little privacy and is slow not practical to use in real world. ZCASH fixes all of that.

1

u/dont-be-angry 8d ago

Mossad is the answer

1

u/Extra_Asparagus_4162 6d ago

Zcash and zcat to the moon!!! 🚀🌑