LastBattle

Possible floor for ZEC

POLONIEX:ZECBTC   Zcash / Bitcoin
Watching this level for any significant demand, could be a nice bounce trade ahead.
Comment: It is likely that this floor will be broken, since bitcoin have just broke the previous highs of this year.
Comment: Nope. Crashed below 0.07.

Waiting for a better bottom.
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0.01? :D
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Watching 0.046... bids there.
Let's see if this may finally be the bottom.
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Nope. This level is unwanted too :D
wait for better bottom before buying
Demand for zcash is limited by the wallet. Let's face it, linux isn't stable. It's hard to install and you could lise your wallet if you get a endless login loop. Not sure how to recover it, luckily it was empty. Supply is up, 12.5 per block issues every few minutes. It'll probably never fall to a few fractions of a cent but expect it to fall until a stable windows wallet is out and the currency can be used by the public. Demand is growing slower than supply because Linux is difficult.
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it is possible that zcash can bounce back to 1 btc in the future long hold market?
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LastBattle zoro00777
@zoro00777, doubt so.... the supply of ZEC is 21 million like bitcoin.
It is impossible for it to be priced at around or higher than a single bitcoin, at least for now as far as I can see.
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