Current state of Zclassic and potential to increase 20x or more!
Zclassic is a hard fork of Zcash (ZEC - $566.00) which is now in the spotlights gaining over 130% in value in a day. The marketcap is just $40 million with only 1.8 million circulated coins it has has plenty room to grow. With the recent developmenst and announcements this could be the next $NXT, $XRB, XVG! You know! The coins which has been increased exponentially in value over the past few weeks. Zclassic can reach a marketcap of $500 million or maybe even $1 billion marketcap. This is not unthinkable!
1 billion marketcap makes zclassic $555.00 a coin. Is this possible? scroll below
Currently $ZCL is trading at 0.0015 BTC or $23.00
I will make a new post next week to see if zclassic has gained or loss any value.
$ZCL vs $NXT, $XVG and $XRB
NXT - 1 Month ago $0.16, now trading at $1.52. This is an increase of 9.5x within a month
Verge - 1 Month ago $0.006, now trading at $0.17. This is an increase of 28x within a month
RaiBlocks - 1 Month ago $0.17, now trading at $10.03. This is an increase of 59x within a month
And now have a look at the chart of Zclassic. 1 month ago trading at $2.00 and now $24.00. That's a solid 12 x. And you know what's the scary part?.. this is just the beginning. From this level, $24, we can still go 20x or more!
Announcement: Zclassic and bitcoin joined hard fork to become Bitcoin Private
This is not officially announced yet but the work is in progress. Rhett Creighton and other developers are working on a hard fork of zclassic and bitcoin. The hard fork date will be announced soon.
This is the set up:
For each Bitcoin (BTC), you will receive 1 Bitcoin Private (BTCP)
For each Zclassic (ZCL), you will receive 1 Bitcoin Private (BTCP)
So the total circulating supply of Bitcoin Private will be roughly 18.5 million (BTC 16,7 mill + ZCL 1.8 mill). The max supply will be same the as bitcoin, 21 million.
Hard fork date: To be announced. Goal is January 2018.
Bitcoin Private will be bitcoin focused on privacy which is a very important characteristics in crypto world. Blocktime will be 2,5 min, so that 4 x times more compared to current bitcoin. Furthermore, it will be fairly distrubuted, no premine and no developer reward. Bitcoin Private belongs to the community.
If you look at other bitcoin forks like: bitcoin gold, bitcoin cash, bitcoin god, super bitcoin, united bitcoin... All these coins are trading over $300!
I cannot predict the price of Bitcoin Private, but one thing is sure, it won't be $24!
If you own 10 zclassic (ZCL), you can claim 10 Bitcoin Private (BTCP). This is huge! If you look at $NXT and $IGNIS airdrop, $Zclassic has massive potential on the upside. The community are already talking about prices of at least $300 per bitcoin Private!
Once the hard fork has been done, I expect more development for Bitcoin Private. This could drive the price of the coin up to $1000 or more.
It is worth a shot, don't you think?
This is not a shill, this is just me thinking on paper. I own 10 Zclassic. This is no advice, just my 2 cents.
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