Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Privacy Coins Forum => Zcash Forum => Topic started by: MrSpasybo on May 27, 2020, 10:24:08 PM
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According to the information, ZEC will have its first halving in November 2020 at block 1046400, meaning the block reward will be reduced from 6.25 to 3,125 ZEC. This will reduce ZEC's inflation rate, currently at 28.19% - a number too large to warrant the price of ZEC tokens.
Do you think this halving will have a big impact on the ZEC price in particular & the entire crypto community? And what would that impact be: positive or negative? Will the ZEC price return to the $ 2600 price level of early 2018?
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This is good news, in my opinion, will have a good effect on prices. In the market I see Zcash increasing its value. I am also looking forward to ZCash returning to its highest price after halving. Who knows?
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On the Internet, they write about various halving miners with the upcoming first halving of the ZCash coin: from $ 12.5 to $ 6.25, from $ 6.25 to $ 3.125, and even quartering, that is, a decrease not by two, but four times - from $ 12.5 to $ 3.125. Also, so far no one knows how this event will affect the price of this coin, since it will happen for the first time. Similar to Bitcoin, halving should dramatically increase the price of ZCash.