Zetacoin Sets New One-Month Low
After a slight recovery over the weekend, Zetacoin (ZET) continued its slide vs BTC on Cryptsy. It ploughed a fresh
After a slight recovery over the weekend, Zetacoin (ZET) continued its slide vs BTC on Cryptsy. It ploughed a fresh 1 month low of 0.026 mBTC ($0.023) on Cryptsy today. Like PrimeCoin, Zetacoin entered the year on a high, only to crash by nearly 50% in a matter of days.
Its weekend recovery saw it gain close to 10%, only to resume its slide thereafter down to its current low.
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The price of ZET had shown some signs of stabilizing around 0.03 mBTC with a solid support level of 0.027 mBTC, but today’s new low and recent days’ bearish pattern suggest the cryptocurrency has further to fall, albeit after a possible slight recovery over the weekend.
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ZET maintained its highest historical levels during the second week of December, where it held on to its 0.1 mBTC ($0.09) level for nearly 1 week.
Like many altcoins, Zetacoin showcases its advantage over BTC in faster transaction confirmations and lesser mining difficulty. On forums and article comments, its vocal community often takes a form similar to those pumping pennytocks with comments to the effect of buy now while it is cheap. Whether this is intentional or the result of having a very supportive user base is up to debate. (Update: see below in the comments for a Zetacoin community member opinion. This video also provides example of the active community working on the coin. Its future potential may partially explain the exuberance expressed by those speculating that prices will fly higher.)
Zetacoin now has a market cap of approx. $3.7M.
Mate, you’re using the wrong logo for zetacoin they changed it ages ago!
They made a post about it here :http://zetacoin.cc/?p=486
hope that helps 🙂
Mate, you’re using the wrong logo for zetacoin they changed it ages ago!
They made a post about it here :http://zetacoin.cc/?p=486
hope that helps 🙂
Hi There!
If you read through the comments done in the Zbad 305 Group in the Nobs.is community, one of the biggest community supporting Zetacoin right now, you wont see anybody talking about pumping, but about planning and executing projects to give zetacoin realworld value. Once, somebody proposed some sort of pumping, the rest of the community clearly showed him they are not supporting any of that kind of methods.
Just judge by yourself 😉
https://nobs.is/socialnetwork/mygroups/viewgroup/28-zetacoin-builders-association-district-305 -> Discussions
Hi There!
If you read through the comments done in the Zbad 305 Group in the Nobs.is community, one of the biggest community supporting Zetacoin right now, you wont see anybody talking about pumping, but about planning and executing projects to give zetacoin realworld value. Once, somebody proposed some sort of pumping, the rest of the community clearly showed him they are not supporting any of that kind of methods.
Just judge by yourself 😉
https://nobs.is/socialnetwork/mygroups/viewgroup/28-zetacoin-builders-association-district-305 -> Discussions
The fast transaction times of this mature crypto currency, make this ideal for a POS solution, BITCOIN is great for long term holding, Zetacoin (ZET) is going to be the one that you make in shop purchases with. Let’s face it, who want’s to hang around while the confirmations come through.
And a thank-you to all those people letting their coins be sold cheaply. If your’e selling then I’m buying.
Note: Last I checked it was (ZET) and not (ZTC)
The fast transaction times of this mature crypto currency, make this ideal for a POS solution, BITCOIN is great for long term holding, Zetacoin (ZET) is going to be the one that you make in shop purchases with. Let’s face it, who want’s to hang around while the confirmations come through.
And a thank-you to all those people letting their coins be sold cheaply. If your’e selling then I’m buying.
Note: Last I checked it was (ZET) and not (ZTC)