The rise pattern in the privacy coin sector is actually quite similar—miners sell mining rigs with stories, investors buy into the narrative, each fulfilling their own needs. Do you remember the bold claim back then that "mining costs are less than 1U and not worth mentioning"?
Shanzhai privacy coins like ZEC also can't escape this cycle. The coin itself isn't the problem—liquidity is sufficient, volatility is moderate, and the trend appears stable. From a technical perspective, it looks acceptable. For traders, such assets indeed offer plenty of opportunities.
But ultimately, miners are thinking about selling mining rigs, while we are focused on the market story. Everyone has a bright "future," as long as you don't end up being the last one to take the fall.
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OldLeekNewSickle
· 11h ago
Oh man, I've seen this trick way too many times. Basically, it's just a rebranded Ponzi scheme.
That said, ZEC's distribution looks pretty comfortable, but the most comfortable things are often the ones that cut people the deepest.
Every time, someone says they're not the last one to buy in, but what happens? They all end up as stepping stones.
There's nothing much to say. If you want to get in, just do it. Anyway, losing money is the only way to gain experience. Just for your reference, everyone.
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SandwichTrader
· 11h ago
Exactly right, this trick is as old as harvesting leeks. Miners tell stories, we take the bait, and in the end, who loses and who profits all depends on luck.
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AirdropHunterZhang
· 11h ago
Wow, this is the lesson I learned last year when I went all-in on ZEC... I really believed in that cost theory back then, but it turns out the miners had already sold off haha
The rise pattern in the privacy coin sector is actually quite similar—miners sell mining rigs with stories, investors buy into the narrative, each fulfilling their own needs. Do you remember the bold claim back then that "mining costs are less than 1U and not worth mentioning"?
Shanzhai privacy coins like ZEC also can't escape this cycle. The coin itself isn't the problem—liquidity is sufficient, volatility is moderate, and the trend appears stable. From a technical perspective, it looks acceptable. For traders, such assets indeed offer plenty of opportunities.
But ultimately, miners are thinking about selling mining rigs, while we are focused on the market story. Everyone has a bright "future," as long as you don't end up being the last one to take the fall.