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RE: HODL was BAD for the TULIP MANIA

in #bitcoin7 years ago

Ha, nice, and thanks! Competence is good in an incompetent world.... and I'm hoping that a foundation of competence can help build something that ultimately moves toward something better and maybe even exceptional.

Is there something fundamental about Zencash that you see a problem with? I don't have any sort of technical background and I just really like the team and their mission of inclusivity and privacy.

Big news out of China with the closing of major exchange BTCChina. Bloodbath out there.

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I admire your passion and I see nothing wrong with Zencash. It's just late to the party. Think of Netflix,Hulu and Amazon Prime as Dash,NEM,PIVX. You can't show up and say hey, we are Netflix too. We are just as good. You won't get far.

Alternatively you can try to be https://vrv.co or DTube. The biggest weakness of Dash,NEM,PIVX is that they don't have a large ecosystem built around them. It's a joke to fight them on the protocol level, especially Dash. But if you can build stuff on top of ZENcash like what's been done over BTC, Then you have a Unique Selling point. Then you become a Purple cow.

http://www.sethgodin.typepad.com/

I appreciate your thoughtful response and will watch those videos tonight during my night shift AKA researching cryptos. Thanks!

Zencash can learn a lot from Seth Godin. I don't have much respect for marketing guys but Seth is actually someone who I can approve of. ZEN should focus on a eco system than the product itself or it's not going to have any chance against a behemoth like Dash. Also it needs marketing and (RE)branding. The cash in ZEN itself is a red flag. Look at PIVX. It's a ripoff with commitment and aggressive marketing. I worked and the coin may even gone over $1 billion by mid 2018.

https://www.youtube.com/channel/UCr4Wk2opstIsUvMOz9quFSg/videos

PIVX is your guide to make a killer ripoff that shoot to the moon. They ARE a clone; but a PURPLE clone.

Ok, I have some good homework for tonight now! Thanks!

That guy in the video was a bit too much.

Why is "cash" a red flag? What does that bring up for you?

Zencash is certainly aiming to tout the community/ecosystem, from what I gather on the Slack. There have recently been new logo designs floating around and there's currently a Tagline competition. So, we'll see I guess, but I think a bunch of the things you are looking for are happening. It's just very early in the game for this project and I guess we'll see if there's staying power.

"Cash" is an overused term. It's like all those companies having a .com at the end during the dot-com bubble but less severe. When a small crypto use the term people will be subconciously thinking of all the big coins that have "Cash" at the end. Then there are lots of scam-ish coins with "Cash" at the end. You loose originality and also get negative impressions by using "Cash".

Here is another must read if you care about ZEN: https://forum.nem.io/t/nem-will-surpass-bitcoin-eventually-and-heres-why-and-when/7447

Steal from their playbook and make it purple.

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