The Cryptocurrency that Went from $600M Market Cap to $600 M Market Cap while investors lost 27.6% - in 2 months.

in #pivx7 years ago

I wrote this article 2 months ago:

https://steemit.com/zcash/@cryptonomics/zcash-market-cap-going-to-the-moon

On June 20, 2017: ZCash Market Cap was $611M. Price was $394. Coin Supply was about 1.55 million.
On August 31, 2017: ZCash Market Cap is $594M. Price is $285. Coin Supply is now 2.08 MILLION.

Don't say I didn't warn you. If you owned ZCash when I put this warning out, you would have LOST 27.6% while Market Cap STAYED ALMOST THE SAME.

If you haven't bailed out on ZCash, please do so now. Until it's coin supply stabilizes, it will be carnage for investors to HODL ZCash. Inflation, Paid to Miners, is MASSIVELY DESTRUCTIVE to OWNERS.

That's why I invest in PIVX and would urge anyone still holding ZCash to actively look into PIVX - which is about to implement Zerocoin Protocol (preferable to ZCash Protocol in my opinion).

Only OWNERS get paid the Block Reward.
Only OWNERS get paid the Transaction Fees (PIVX Burns Transaction Fees from Coin Supply and is designed to have neutral Coin Supply at approx 20 TPS).

Run your own currency. Keep all your gains. Don't get hosed by Miners getting Block Rewards / Transaction Fees.

Check out:
www.pivx.org
slack.pivx.org