2016/10/30 12:00 PM
Not even Ethereum — a network now worth over a billion dollars, if you combine both its “regular” and “classic” versions — received this much hype at launch. But if the Zcash buzz is just “hype” and not something like “the obvious signal of a shimmering new era in cryptocurrency,” where is it coming from? And more importantly, why is it happening?
Also read: Altcoin Report: Ethereum Classic Embraces the Hard Fork
Explaining the Zcash Hype
Answers to these questions offered in this video — if you don’t want to hear the initial comparison of Zcash to Dash, just skip straight to minute 12:03.
Observing the hype cycles within cryptocurrency — the “pump’n’dumps,” the joys, the sorrows and disappointments — I’ve come to develop a loose and basic theory: that there are two predominant investor types within cryptocurrency at this time. And not much of anyone else.
Investor Type 1