:uptrend: :bullseye:
- Follow the lows
- Look for gaps
- Place orders in wicks
- Wicks predict
- Buy and Sell at extremes
- Growth is exponential
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Justification for this view lies behind the mechanics of the halving system as well as the fundamental knowledge of the founder's reward and it being removed after the first halving.
Zcash is halving in: 361 days, 20 hours, 32 minutes and 44 seconds. 25 Nov, 2020.
electriccoin.co/blog/funding/
"Every four years, the rate of ZEC being created will halve (again, just like in Bitcoin). After the first four years the ZEC created per ten minutes will drop to 25 Z, but after the first four years, 100% of it goes to the miners."
"With this approach, the founders are incentivized to support Zcash for the long haul (at least for four years), and they have limited ability to pump-and-dump."
After zCash comes out of halving in November 2020, the founder's reward will disappear and miners will have 100% reward from blocks.
Price discovery will continue until the halving date, creating a change in the fundamentals of the economics of zCash.
Buying zCash can give a lot of drawdown until next year.