. @mert makes the case that $ZEC hitting just 10% of Bitcoin's market cap sends the price to $4,000
"People like to say Zcash a good comparable or a good target is 10% of Bitcoin. Currently it's nowhere near that. @Zcash is smaller than $Doge, smaller than $Tron, smaller than pretty much anything in the top ten. I think that 10% is a very conservative target"
"Why would you not want your Bitcoin to be private? What do you gain by simply not having the option to shield your funds? It's strictly inferior, technologically speaking. If a coin has history then it's not fungible. It can be frozen, see the Canadian truckers, or you can just surveil where it goes forever"
"Currently it's at about a 6 to 7 billion market cap, around 450 in price. Bitcoin's at 1.5 trillion. So 10% for Zcash would be about 70 billion, which would mean around 4,000. If you look at the market cap of what's above it and how small it is, I think it's pretty undervalued"
Podcast out tomorrow!
@Helius
@bull_bnb there since then nothing too consistent now that I have more time I’m considering taking more time with it.
Biggest lesson unless you see the ca on their page don’t buy anything on pumpfun
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@bull_bnb rugged so much but it’s never been that bad, I was sitting on pumpfun waiting for me to accidentally buy one of the rugs that launched at the same time, lost 80% of my port, never been so discouraged I’ve become an observer since then but I’ve traded here and
The deeper truth is that every cycle eventually reaches a point where we stop asking what's good? and start asking what's moving? That's usually when a single absurd winner captures everyone's attention and liquidity starts flowing again.
I pre-registered for the Cade Cup, @pumpcade hosted free money tournaments for the World Cup knockout round. Register yourself at https://t.co/jGntDDNNlr