Wrong TA, RSI prospect goes up to 80 but price falls down! not possible, sorry.
zachwill
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@lord_feo, sorry about the drawing. I'm not actually saying it goes up to 80 -- more so we're in a distribution phase up there and when it crosses the .382 fib becomes the target.
cryptostuffdude
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so the privacy coin that's worthless, has 2 devs that openly endorse backdoors and is distrusted by dark web is supposed to double to one that everyone agrees actually does its job?
zcash does not work.
monero does.
monero dev is tied into lightning and bitcoin and its development is extremely active.
all zcash does is media stunts
so thanks for your money. I advise you to short xmr. I'll collect
zachwill
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@cryptostuffdude, LOL, it’s okay to disagree with a chart. You don’t have to be extremely defensive. Different opinions is what allows for buying and selling on both sides.
you can't openly say you made your crypto traceable for authorities and claim it's a privacy coin at the same time. or hire a cryptographer that does speeches on how great backdoors are
I'm not being defensive.
I'm just extremely clear what I think about noobs like you who look at charts without knowing anything about WHAT you are trading.
i.e. people who can't win long term.
cryptostuffdude
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@lord_feo, the devs of zcash said that. not me. I just repeat their words. seems you don't know what you're talking about. Zooko literally says so in a tweet that is still up. Matt Green held a speech about how great backdoors are for police while talking about zerocash, the project zcash was sourced by.
almost all zcash transactions are completely transparent because zero knowledge proofs are too expensive to do en masse. optional privacy is no privacy.
and since this is a trusted setup, i.e. you have to TRUST it was done without anyone(!) retaining the original keys, it can't be trusted to be even zero knowledge proof.
Monero is zero knowledge proof too. but mathematically provable. i.e. TRUSTLESS.
zcash is TRUSTED.
in cryptography, trusted means "lol why you are stupid enough to just assume you're not gonna be scammed", while TRUSTLESS means provably, verifiably as advertized
kiddy table "investors" who know jack shit about the nature of their investment will fail to put money in things that work.
zcash is a straight up scam. it does nothing as advertized and relies on ignorance of the userbase.
just like verge
lord_feo
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@cryptostuffdude,
> "the devs of zcash said that." no one said that. btw I'm crypto expert and I watched the code behind zcash, there is no any backdoor for trace transactions.
> "because zero knowledge proofs are too expensive" It's not about expense, it's about amount of RAM needed to make zk-proof which is solved in Sapling upgrade. so people can use mobile wallet in next update for shielded addressed (which is not possible with monero.)
>" retaining the original keys, it can't be trusted to be even zero knowledge proof. " looks you are talking about toxic waste which has 88 participator to ceremony for next upgrade (was open to all) github.com/ZcashFoundation/powersoftau-attestations anyway read this maybe help you to understand: medium.com/@_garethtdavies/why-zcash-is-set-to-shine-in-2018-2e8c388f35fd I'm sure monero does not have bright future as zcash.
lord_feo
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@cryptostuffdude,
thats not about back-door! you didnt even read that reddit comments to understand that was a misunderstanding tweet...
You just talk without proof. sorry for you and people around you, they have hard time to deal with you because your believes are not logically based rather based on your thinks, dreams and wishes.