At the end of January, ZCL and Bitcoin will hard-fork to give birth to Bitcoin Private

At the end of January, ZCL and Bitcoin will hard-fork to give birth to Bitcoin Private.

ZClassic is a futures market for Bitcoin Private.

After the double HF, 1 ZCL will get you 1 BTCP and 1 BTC will get you 1 BTCP.

I have checked the Github, forums, and development team. They are legit.

If you look at the market, it has seen some price action (from 11k sats to ~7/800k sats now) with a very healthy stabilization phase. More interestingly, if you look at the order book for the past few days, people are clearly accumulating. In fact the ask side of the book is drying up with only a few ten thousands coins available for sale.

Bitcoin Private is a Bitcoin hard-fork incorporating ZClassic. Its features are:

- zk-SNARKs technology (shielded transactions)
- low-fee transactions
- advantageous fee schedule to scoop up miners
- adjustable difficulty
- no founder rewards (unlike ZCash who allocates 20% of the monetary mass for its founders)
- no pre-mine obviously.

In addition to that, consider that:

- the project lead, Rhett Creighton (twitter.com/HeyRhett), has two degrees from MIT, has been around for almost a decade, is an OG anarcho-capitalist, and has his reputation on the line.

- Bitcoin Private offers a risk-free hedge for Bitcoin whales. Privacy (and tax evasion) is a big issue for capital-rich folks in Bitcoin. Some folks have so much BTC that they cannot move their capital into privacy-centric projects at a decent pace without leveling the whole market. Bitcoin Private allows them to do that without any friction.

- The team behind the project is trying to deliver actual value to end-users. The best way to quantify that is to look at the dev logs.

- Historically, we have seen Bitcoin hard-forks with no substance at all be priced ~3/400$. My price analysis will factor this fact and assume that the BTCP hard-fork tries to deliver real value for end-users (not just cleverly engineer scarcity).

Other urls found in this thread:

medium.com/chain-intelligence/the-resurgence-of-zcl-and-an-upcoming-hardfork-3ba65de3cf21
youtube.com/watch?v=sJAXH2FN9Dc&t=6038s
twitter.com/NSFWRedditGif

In my opinion, here it how the next few weeks will go down:

- At the moment, ZCL is around 700k sats ($100)

- ZCL will move to 3/4M sats ($500) then stabilize at that price point once the precise date for HF is announced and as media picks up interest

- right before fork we will see it spike to 7/8 perhaps 10M sats ($1000)

- right after fork it will dip and bottom at previous floor: 3/4 perhaps 5M sats

- features that are already in development will be announced and pushed around a week after the hard-fork, I think we will see it quickly rise back to 10M sats, perhaps even higher (>$1000)

High quality thread, OP

I have 336 of these bad boys. Will I make it to comfyland?

can you explain the fork a little more in detail

some people say a rebrand, a soft fork, something else. im confused lol

medium.com/chain-intelligence/the-resurgence-of-zcl-and-an-upcoming-hardfork-3ba65de3cf21

Nice analysis

It's a SPORK

Yup. nice ANALysis OP.

I feel the exact same way, althought i believe price on ZCL could far exceed your post. There are a small amount of these in circulation. IF the demand for BTCP is large... people will buy up all supply and with its low circ will inflate price sky high.

The way i see it, You arent going to buy a BTC to get a BTCP.. $14000 investment for 1 coin that will probably retain ZCL value.

I think BTCP will fall somewhere in between BTG and BCH... but in the long term overtake BCH.

Either way. Get your ZCL now because once the normies and the rest of Veeky Forums pull their gains from alts into ZCL ... $500 floor is realistic and a much higher margin of entry. Im accumulating as much as i can afford under $200. After that, its gonna press my portfolio a little too much.

Im catching up to you. I hold 310 haha. I would LOVE to be at 500 before fork

**Seriously, get in before it moons to $200. It moved from about $35 to $100 in 12 hours. so we can lose this entry point very soon

Too scary to get in rn

what do you mean? that chart looks perfect fr entry.

That same shot is gonna have $1000 as the next index. Just saying