Christopher Wells

@robustus @zooko @real_vijay God forbid you somehow get ahold of gold tied to WW2 Germany and confiscated.

Fwiw, I'm not sure gold should have an A for fungible and certainty not a B for verifiable. In medium and large quantities, it's very hard to verify (have to drill to check for tungsten, assay, etc). And that also makes it not fungible, cuz the big bars carry special verification imprints, including serial numbers.

Never lose focus. There are fundamental reasons why Bitcoin will win.

Is “Rai stones” a fairy tale, or a romance novel? Here’s reality. Bitcoin is a coin. First run, digital currency 1.0 nothing more or less than a proof of concept. The open ledger solution?, you can find Satoshi’s thoughts on that. It is far from perfect or complete evidenced by the 70ish current forks still active. I have an iPod 1.0, and it still works, but the “FireWire” port is dated. The “Model T” was the first mass adoption automobile, but I didn’t drive one to work this morning. “Bitcoin is the Internet! -*swoon” comedy GOLD!

Bitcoin isn’t supposed to be completely private. Do you know the story about “Rai stones”? The base layer/accounting system of the world needs to be completely decentralized, open and for all to see to be trustless. You can anchor to it and use whatever type of tech you want on top of it. Zcash is a website. Bitcoin is the internet. Bitcoin is the world ledger. Accounting system. It’s a huge idea. It’s not that, then it’s useless.

Bitcoin will crash again.

@0xTurbo_ Monero isn’t scary. It’s non-compliant and that was a choice. What makes Zcash useful is the unique approach to provide privacy and compliance.

$XMR is on 6 exchanges in the entire world $ZEC is on basically every exchange, that alone should make you think a little Monero gets delisted, attacked, called criminal money, blackballed everywhere and still works every single day Zcash gets CEX listings, regulatory comfort and tracing companies openly saying they support it one scares them because it actually works the other gets pushed because it doesnt FCMP++ is coming soon too, its currently being audited. Its probably the biggest privacy upgrade in crypto and somehow people are still buying the fake privacy trade instead of the one they tried to kill and couldnt

I’m good with the spirit of your argument, the flatulence, poo and wee wee coins are an embarrassment to the entire industry. It shows a lack of standards and class sadly disappearing in most sectors of society. Zcash does appear to be what Bitcoin is missing. If not Zcash, then a different privacy solution. When you come across screenshots of someone’s bitcoin account or transaction on X they redact the photo to hide the details, they care about privacy. The on-chain data is an abstract idea, people don’t have a grasp of the implications yet.

@Christopher_VWB @AltcoinDaily Bitcoin is the invention of digital money. I’m sure some tech will hang around, but 99.9 percent of it is vaporware.

@GT3HODL @AltcoinDaily That’s just never ever going to happen. There is no version of the future where bitcoin is the only available token. Do you also think there should be only one stock in the stock market?

@AltcoinDaily Altcoins are going to zero. If it takes bitcoin going much lower, I welcome it. Whatever it takes to finish this off.

@NotGrokGirl @IterIntellectus You mean politicians?

@IterIntellectus But we are not pathological liars and people pleasers who steal other people's stuff though...

anyone wants to start a non-profit with me so we can become billionaires?

@adamdelphantom The rules/guidelines are there for everyone to find. 1. Invest in crypto what you are prepared to lose. 2. Never risk more than 1-2% on a single trade 3. Use limit orders or DCA 4. Do your own research 5. Don’t trade on emotion 6. Factor in tax liability

Most people get messed up being to impatient by going all in or getting drained Both are usually just a result of not being patient

I wonder if there is a way to speak on how to survive in crypto without it being financial advice The game is really just survival If you just survive and learn from your losses you’ll make it if you can be patient

@XRPathologist No one gives this guy credit when it is due. This is a genius move.

Let's see if this pans out. If so, markets should respond positively!

@XRPathologist If it’s all done on margin then that force is going to evaporate and there’s nothing left under your feet.

@Christopher_VWB Yes but the price absorption is pretty severe when it pushes into the current area.

Market makers can easily allow the #ZEC price to float into this trifecta of fib levels into this order block. Outside of that, most of the liquidity is still below. Just keep that in mind. To blow through this area and challenge the recent high, more volume expansion is needed. You're getting into double top territory at these fib levels. Double tops don't mean price has to match the previous high. The second top is more often lower.

@followjason @jameslavish @WSJ That’s the creepiest thing I’ve seen in a long time.

@jameslavish @WSJ Predictably non technical take. Enjoy your next fundraising event, and the tax deductible auctions that they’ll probably include. I’m sure the vibe will be very “cypherpunk”

Dear @WSJ, “crypto fans” have only “soured” on Bitcoin because they have learned that owning Bitcoin is not a way to ‘get rich quick’, but rather a way to ‘not get poor slowly’. Whether they turn to Zcash or Polymarket, they will head wherever they believe is the next lottery ticket. Hope that helps.

@deepcandles The use of “shitcoin” is a red flag, probably not a CFA.

Dumb only.

It’s been a quality educational focus on the charts for as long as I have been following. Much like Garrett Holloway’s focus on TA in his videos. The low info, low work, low IQ crowd doesn’t research or evaluate anything prior to posting a comment. When BitcoinLUVeR, MoneroBro or CryptoeTRoLL post comments its comic relief.

For those who don't follow this account & want to say I'm only shilling a short trade, I no longer own any #ZEC as I sold it all at a 20X profit last year. Additionally, I don't short trade. My opinion on price movement is completely unbiased as I don't plan on reentering this cycle. All my money has gone elsewhere. I still analyze the charts for all my loyal Zcash followers, as I've done for years, as this is an educational forum only. You won't get any more transparency than that from any analyst in this space. I love my followers and want them to do well as long as they continue to hold Zcash.

@XRPathologist I’m hoping to be “early investor sitting on big profits” LOL

@Christopher_VWB They don't make it easy on retail investors. They use retail liquidity to move price and then take those assets when scared investors sell.

One thing I always want Zcash holders to be aware of: When an asset goes parabolic, it naturally becomes a liquidity magnet. That does not mean the project is bad. That does not mean the long-term thesis is broken. And it definitely does not mean #ZEC cannot move higher now or later. But from a market-structure perspective, parabolic moves attract three groups: - Early buyers sitting on big profits - Late FOMO buyers chasing the move - Leverage traders trying to catch “the next leg” That combination creates the perfect environment for distribution. Large players can let price float into resistance, let excitement build, let late buyers provide liquidity, and then begin rotating profits into assets that have not yet run and may have cleaner risk/reward setups. That may be part of what we are seeing now. #ZEC is fighting a potential topping structure near resistance, while several other alt charts are retesting constructive breakout/reclaim zones. That does not prove rotation is happening, but it is something worth watching. The key tell, in my opinion: - If Zcash weakens while #TOTAL3 and lagging alts hold structure, that supports the rotation thesis. - If Zcash weakens and TOTAL3 loses structure too, then it is probably broader risk-off rather than healthy rotation. This is why I never assume “up only” after a parabolic move. Parabolic runs are incredible opportunities, but they also require discipline. The same volatility that creates life-changing upside can also create violent resets when late buyers get trapped. I still love Zcash as an asset. I just respect the chart. And right now, the chart is saying: be aware, stay objective, and watch whether capital is rotating or leaving the market entirely.

@ShallowH4l7171 @0xdripper @AllHailSatoshi I’d love to disagree, but you have a point. I can’t buy Monero on my preferred exchange. De-listing is a valid concern. I don’t know if the Clarity act would provide any indirect protection, any attempt I make to read a senate bill results in loss of give a shirt.

there will be many distractions on the road to $10,000 $ZEC. you’ll want to swap coins to other projects while it trades sideways, sell during big pullbacks, rotate into other coins that “haven’t pumped yet”, try to sell local tops to buy back lower but none of this will work. you’ll end up with less coins, more stress and regret. there’s a generational wealth opportunity here if you can simply do what most will fail to do… nothing.

@ghall10 @gladstein It’s been around for 10+ years. In continuing development by an engaged team. You can verify the exact figures etc. If you like. If it is a “scam” it’s the longest long con in existence.

@gladstein +because it’s just the latest scam coin

WSJ: Zcash is “on a tear” Reality: “The Zcash to Bitcoin ratio has experienced a massive secular decline since 2016, plummeting over 99.89% from its launch”

@0xdripper @AllHailSatoshi It’s a big deal. I don’t want to say what I think it will be because it sounds like hopium, but crypto in general is going big, ZEC will surprise us all.

@AllHailSatoshi There is a great chance that ZCASH can be trading over 10k by 2028 or even higher. If you can stretch your time horizon to 2030 it can be at 20k or higher.

@AllHailSatoshi @deepcandles You can still support ZEC passionately and not hold it while it goes down in price. That said, I agree with Mirrors that the safest option is to hold. Whatever you do, don’t sell at a loss. ZEC will surprise us all. It’s just a matter of time.

Which could help it fully retrace and then make a push upward, but in conjunction with the broader market, less parabolic but more stable. I start feeling like that guy on the Princess Bride: “I can clearly not choose the wine in front of you. But you must have known I was not a great fool; you would have counted on it, so I can clearly not choose the wine in front of me.”

@Christopher_VWB Think like a whale. They will always take profits & look for better setups. An asset that has gone parabolic ahead of the entire market already (twice) is not something they buy into at levels we are currently at. They sell into supply while retail buys.

Oh, OK! It’s showing that price action is controlled by the buyer/bear/short. That pattern happens when bulls/seller/longs make a play on price and bears step in and squash it. That’s a clear indication of who is actually in charge at that moment. It must also work in reverse then, a red candle and then a green engulfing candle would show the bulls decisive rejection of the move down. I know I’ve probably read this but it didn’t click till now.

@Christopher_VWB commodity.com/technical-anal…

Here's the current daily trend for #ZEC. We had a bearish engulfing candle close two days ago and are working on another today. Ideally, you don't want today's candle to close as engulfing.