ZEC will guarantee the financial privacy of you and your familyThe cryptography behind Zcash is extremely advanced and allows total privacy. This coin has the potential to become THE world money, by being
1) A medium of exchange
2) A store of value
Recently, the masterminds behind Zcash -- Electric Coin Company -- announced they will to go all-in on $ZEC. electriccoin.co
It's needless to say I strongly believe in this coin, and I'm hodling it.
For short term trading, I like to keep things simple : I believe MA200 will be support and from now we will go up.
For long term view, and If you believe in the power of electronic P2P cash, definitely take a look at this coin. These current price are really attractive.
Store-of-value
why bitcoin isn't dead and will go up soonI drew the original trend line back in mid 2017, as you can see, we had exponential growth, and of course the winter crash.
After the major crash, it touched the original trend, with only a shadow, and then tested it 2 more times, both bottoming out at the bottom of that trend line. We can see this is an extremely strong trend line, dating all the way back from March of last year.
I believe after the rest of the mt gox funds are dumped, and if any remaining governments decide to ban crypto, we will finally break out of this trend again.
With bitcoin becoming more of a store of value, and safe haven from trading alts, it acts more like a long term investment, or the stock market average.
GBYTE - Great store of value for next correction?Most people's ALT's took a hit over the last week. But GBYTE has been particularly resilient to FUD, as well as the BTC correction. If the trend GBYTE has been on since the start of December continues, we would see 1GBYTE = 0.2BTC by end of March, when a favourite BTC hawk of mine, @CARPENOCTUM aka #33kMoku, predicts another major correction.
I'm considering liquidating all my ALTS in late march, and moving everything into GBYTE during the crash.
oops - 6th Jan high for BTC / GBP should read £12,959 not £15,564)
Thoughts anyone?