(Regardless of "Manipulation", Whales and Bots DO mostly trade within parameters).
After the massive (expected) dump which happened after the Bitcoin-Private Snapshot and Fork, ZClassic may finally be finding a bottom.
(Still, because of how volatile this particular coin is, it is indeed difficult to pin-point an exact bottom)
is showing signs of recovery.
Prices aren't falling rapidly at the moment, as it was over the past days.
I don't expect ZClassic to necessarily need to return to its pre-fork announcement prices ($1 to $5).
Increased awareness of this altcoin, previous market price history, and good technology behind this coin makes it valuable and definitely not "worthless" as panic sellers are assuming.
$ZCL is currently at ~$7 - Was over $100 less than a week ago - Over $200 at all-time-high.
This will likely attract new buyers soon, who were simply waiting for ZClassic to find its new bottom price.
(Buyers who love to purchase coins at undervalued prices)
It currently has very high potential and likeliness for massive gains even in short-term.
I'm purchasing at these prices (made a lot of profit already buying and selling the of the past few days).
We ended the 5th wave which I expected/predicted, but entered a "Pump & Dump" once that orange line was crossed
ZClassic Development Consideration:
• Anonymity, 100% Privacy
• TOR/I2P Integrated Wallet
• Improved Scalability
• Incentives to attract more Miners
• Updating ZClassic's code base to Zcash's current version
( $ZCL & $BTCP uses very old, outdated code)
Do note, this message is not from the original/previous ZClassic team.
This is a list of ideas being gathered for discussion by the potentially new dev team.
Please feel free to submit additional ideas/suggestions to us here.
Followed by an ABC correctional wave.
I bought it at the point of my call (122k) sold out near the top (130k).
"impulse wave" does not mean "upward".
What I have is an ABC Correction after the sharp, heavy dump (which isn't too important here),
Then we begin 5 down-trending impulse waves.
Next I am looking for an ABC corrective wave upward.