3 Likes
could this be the first step of zec getting added to coinbase?
2 Likes
I like how " I’m the new coinbase CTO" is “second”
1 Like
only thing that could possibly hold us back is privacy protection… might not be a too big of a deal since gdax users are already KYC approved, and kraken hasn’t been openly targeted by any US agencies specifically over ZEC/USD trading. imo, this is why zooko seems so hostile to DNMs. should add, zooko’s hostility, and XMR FUD has kept ZEC off DNMs. this should look good to coinbase compliance.
(side note: imo, other main contender was XRP, but ripple might’ve screwed-up by attempting to pay coinbase for a listing.)
It could be that they’re just waiting for sapling to happen.
So many signals on this (:
1 Like
can only guess. they’re treating the process like a top secret project. think coinbase was embarrassed by the “insider trading” accusations when they added BCH. imo, if they did add ZEC; would be disrespectful to their customers to not allow investment before major upgrades. oh well, can only pick-up crumbs, and speculate on the big picture.
what i can say: gdax framework that a zcash foundation member had imput on looks tailor-made for zcash. zcash also has support from major investors, and high level executives @ coinbase.
if i was a trader that didn’t care about ZEC at all; would have no problem taking a gamble on ZEC gdax addition.
whilst i’m a little bummed about ZEC missing out on pornhub (would’ve been perfect for ZEC) randomly saw this:
https://cryptobeatz.net these guys accept zcash for their service
Until they make a simple way for joe and susie to go to their local walmart or corner store and buy ANY cryptocoin it’s all hype. IS pornhub going to setup a way for their users to easily buy Verge? OR is it $$ to coinbase to convert then to an exchange that has verge then convert it to verge to then send to pornhub so they can enjoy quality family time?
I’m going to give someone a millionaire Idea, make a cryptocoin gift card. You can go to walmart, walgreens, 7-11, etc and buy (insert currency) gift card. Go to your company website, they enter in the card number, BAM instant fiat into their account to convert to a cryptocoin.
It’s not the same as using a credit card, because the fiat is already secure and in your bank.
and I agree kek, Zcash did miss out, because its true the porn industry does seem to lead the way. VHS to DVD to online to VR. You think the high speed internet you have at your home would have happened if not for porn? For those of you who don’t know, get a history lesson as to how and why AOL was created!
2 Likes
didn’t want to say anything, but i bought another crab, and the crab died (they don’t last long). strange thing is, the moment i bought the crab, ZEC market rallied… market really took a nose dive after the crab died. both market cycles correlated with the crab life cycle. don’t want to seem too superstitious, but there might be something to this. i’m going to buy more crabs, and see if that helps zcash rally.
3 Likes
can i get in on the crab pump and dump scheme? you can tell the pro(R) insiders an hour before you buy the crabs and standard tier subscribers five minutes before.
1 Like
I guess it’s only weird if it doesn’t work! Lol
2 Likes
I like this trend…I hope it keeps going this way:
https://bitinfocharts.com/comparison/difficulty-price-zec.html#3m
The barriers to mass crypto/ZCash adoption are significant:
1 - There are no mobile wallets with Z-addresses that any Soccer Mom can just install and use right now;
2 - There are few fiat-to-crypto-to-fiat gateways, all of which have lengthy KYC.AML requirements, which take days to complete;
3 - You can’t just buy crypto with a major credit card easily;
4 - Crypto has a stigma to it in the eyes of the general public that the sheep think it’s a “Ponzi Scheme”, “Based on nothing”.
5 - Government is essentially antagonistic to it in general, especially anything that has the privacy of ZCash;
6 - Worst of all, wild price fluctuations, while fun for traders, scare away any would be users as an exchange of value, and this affects both buyers and sellers of goods and services.
Until these issues can be remedied, crypto money isn’t going to replace fiat currency.
1 Like
point 1 is really dangerous one for a serious cryptocurrency. ppl just can’t use safely their mobile phones.
I can walk into any store right now and pay with Bitcoin if I choose to do so. I plan on paying my electric bill with Bitcoin this month. I use the Shift Card that is linked to my Coinbase account. It is issued by Metropolitan Commercial Bank in New York. The problem is that I can’t seem to get it to work with any of the other cryptocurrencies listed on Coinbase.
This would be the way that the average joe could use crypto to buy goods and services.
why would they make both lines on the chart blue!?
buying items / services with cryptocoins isn’t that difficult. I go to websites that take (BTC) and purchase that way. or purchase gift cards with (btc) and use the gift cards like its free candy!
I also hear (wink) there is another visa with a different company that will let you convert btc AND/or BCH to fiat that someone could use to do terminal purchase as well as ATM withdrawal.
The difficulty for anyone new or who doesn’t do this every day is actually purchasing ANY cryptocoin. There isn’t a easy convenient way that does not take hours/days.
Not Zcash but neat, NASA’s A.i. ghostship
And if you ever Macross Plus the Movie, then youre a nerd too!