ZClassic (ZCL) Price Surges amid a market crash: is it HODL time?

August 9, 2018 Others

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ZClassic ZCL "title =" ZClassic ZCL "/> </div> <p> The price ZClassic (ZCL) has appreciated by 7.93% compared to the US dollar in the last 24 hours despite a bleeding market that has seen the main Bitcoin coins and Ethereum shed 2.67% and 2.70% traded at a minimum of $ 6,368.26 and $ 364.02 respectively.The effect fell to other major players with most of the top 10 coins for the value of market in red. </p> <p> At the time of printing, the ZCL currency was trading at $ 13.77 and seems to hold back in the short term. The currency is ranked 102 by market capitalization as per the official site of CapMarketCoin. opened the day at $ 12.67 and went down to a minimum of $ 12.49 before heading north to the top of the day for $ 13.98 </p> <p> <strong> Because the Surden ZClassic Price Surge </strong> </p> <p> With the growing popularity among private currencies, most investors seem to have real the many untapped opportunities behind ZClassic (ZCL). it is a Zach fork and has maintained its pr omise of keeping user funds from any form of surveillance from a central body. With its promise of uncensored financial freedom and complete anonymity, money seems to be the next frontier for those seeking privacy with digital coins. </p> <p> The ZClassic platform rides the zero knowledge that brings together privacy and transparency in all its transactions. The platform is managed by the community and after the removal of 20% of the mining tax, the miners are having their day camp and this has eliminated the slow mining that should accelerate the scarcity of coins and trigger the growth of the value. </p> <p> <strong> ZClassic Building investor confidence </strong> </p> <p> ZClassic has a very good story, despite many privacy coins being seen as supporters of the dark web markets. In order to protect users, the platform distributes public SNARK parameters in which no participant can violate the privacy of other users. To achieve this level of privacy, the system generates the private and public key and destroys the private one. </p> <p> The currency has remained fairly latent in the media as the rumors of the fork at the start of the year seem to become extinct. The ZCL price has been on the wild roller coaster and this has been attributed to its low level of supply in the market with which the community enjoys creating scarcity, price increases and value growth. If the current peak is anything to go by, the value of ZL may be increasing over the long term. </p> <p> However, it seems that the announcement made in March of his year is still valid: </p> <blockquote> <p><em> "As said in March, all the work has stopped on #Zclassic.Nothing on this has changed. of which you may be aware of it does not have a widespread consensus.) Please use caution before participating in any fork that is promising guaranteed returns or may sound too good to be true. "</em></p> </blockquote> <p><strong> ZClassic Hardfork who has never been </strong> </p> <p> There is a lot of discontent among community members with a good number who still anticipates a hardfork while others have accepted the status quo of the platforms and moved on. Uncertainty has alienated potential investors and the rate of adoption has dropped dramatically. </p> <p> The waves of ZClassic prices are always linked to the media and any positive news easily pushes the price to the north. The appreciation of the current price has been attributed to the characteristics and security of the platform. The platform's privacy features are superior to those of Monero and ZCash and the speed and commissions seem to favor privacy transaction seekers. </p> <p> With the proposed regulations still pungent on the market, ZClassic could be the next shelter for users looking for platforms that are not exposed to censorship by central authorities. The ecosystem offers a better value proposition to speculators given the low ZCL number of the total supply of coins; It is easy to achieve high levels of scarcity and make ZCL valuable in a few years. </p> <p> With the unpredictable market, ZCL may not be the right platform for price speculation that will reduce its volatility and gain stability in the coming years. In the event that the currency forks, visibility through the listing on the major stock exchanges could decrease and this will affect its circulation in the global market. </p> <div class=

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