After the Bitcoin Private (BTCP) fork that occurred early March 2018 and in combination with the 2018 crypto market correction; came the sum of ZClassic's (ZCL's) astronomical -97% downfall. During the second week of Jan. 2018 ZCL reached it all time high @ $235.00 usd and was seeking to become a crypto currency soaring towards its technological worth. At the end of the first week of Feb. 2018 ZCL had taken a beating from Jan. 28th where it sat on the market @$166.00 usd. down to $61.00 usd on Feb. 6th.
With the widespread news of BTCP's 1/1 fork for BTC & ZCL coin holders, ZCL started building momentum again and reached a high of $188.00 usd. From there, ZCL held its position moderately until BTC's 511346 block and ZCL's 272991 block. once ZCL's "Snapshot" took place, the majority of ZCL's holder began the ZCL sell-off"; which resulted in Zcl's massive decrease.
Since the afternoon of April 21st 2018, ZCL could may just be considered the "Crypto Come-Back King" with its amazing 310% increase in just 4 days. ZCL's technology is a fork off of the ZCash (ZEC) block-chain, which has held its +/- $200.00 usd. value per unit throughout the crypto market correction of 2018. ZCL's technology is very impressive and has been trading the majority of its coins in circulation on the "Bittrex" exchange. Currently 88.8% of those circulating unit can be found on "Bittrex". the second largest majority of it circulating units are being trading on "Crptopia".
I would like to now give you my quick opinion on the ZCL's future. I would also like to take this time to ask you all your opinion of this crypto currency.
In my opinion, ZCL's technology is one that stands alone in some aspects, especially for those that are or would like to mine a profitable crypto currency without dealing with the nuances of giving a portion of of the miners mined coins to the coins founders. Also, which could be said with many coins at the start of this new "Bull-Run"; ZCL's positives gains will classify it as one of, if not the #1 "Come-Back Crypto". When it comes to day/swing trading the more volatile a coin the better. Even as ZCL plummeted then held a stead avg between $4.00 usd - $10.00 usd I personally was still able to easily capture gains of 5% - 25% with minimal risks. Several times i also easily captured gains from 25% - 90% while the crypto market was in its dreaded and FUD circumferencing correction.
When it comes to the future of ZCL; I truly believe that it is here to stay, especially after taking one of - if not the largest percentage drop, in such a short time frame. It is also my opinion that ZClassic has huge potential to be used for bigger and better forks in the coming months/years.
Please drop some of YOUR own experiences with ZCL, the BTCP fork, and/or if they were positive or negative experiences? Also share with me what you believe the future of ZCL will has in store, and if you believe it is, will be over-bought, or over-sold?
P.S. Readers I wish to express me gratitude for YOU taking time to read and respond to my post here on Steemit. As I am fairly new to Steemit, I am extremely eager to continue posting much content on the Crypto market, along with charting and spreading positivity, freedom, and educating others on who block-chain can revolutionize some many errors.
[attached you will find the market chart with my predictions for ZCL at the time of this posting]
/https://www.tradingview.com/chart/ELgF7gTR/
-READ ZClassic's(ZCL's) white paper Here: https://zclassic.org/pdfs/whitepaper.pdf
*For Educational & Interactional Purposes Only!
**I'm not a financial advisor. I do not give financial advice. Past performance does not guarantee future results. You could lose a portion or all of your investment. Only invest money you can afford to lose.