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noam_chom
Mar 25, 2022 5:59 PM

ZCSH Zcash Grayscale Trust - OTC Market Redemption Arc GBTC ETHE Long

Grayscale Zcash Trust (ZEC)OTC

Description


Zcash Idealism:


In November of 2016, journalist Morgen Peck showed up at her friend Molly Webster's apartment in Brooklyn, told her to take her battery out of her phone, and began to tell her about The Ceremony, a moment last fall when a group of, well, let's just call them wizards, came together in an undisclosed location to launch a new currency.

It's an undertaking that involves some of the most elaborate security and cryptography ever done (so we've been told).

And math. Lots of math. It was all going great until, in the middle of it, something started to behave a little...strangely.

Comment

trading through the first breakout level on a Gap-Up Monday.

discount to ZEC-NAV is still significantly negative. $18 per ZCSH is fair value when ZEC is around $205

Comment

battling to make the first breakout into a confirmed support today

Comment

rejected on first attempt to breakout above level 1. try again next week hopefully
Comments
Yaser65
What does it mean? Does it mean that ZEC also will grow?
noam_chom
@Yaser65, no other way around, ZCSH trails ZEC action. Zcash-USD going up first and faster, but then eventually ZCSH catches up
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