ZEC Can Hit $60k in 2025, Grayscale Investments Says

In order for this prediction to come true, 10% of world offshores should "enter" in Zcash
01 February 2018   894

The rate of anonymous crypto currency can rise to $ 60,000 by 2025. Financial model, developed by the researcher of Grayscale Matthew Beck says about it. At the time of publication, 1 ZEC costs about $ 400, which means that it needs to grow 150 times to make this prediction come true. This is reported by Fortune.

However, in the financial model, there is one assumption: Zcash could reach such heights, by 2025 it should be 10% of all offshore assets. Although this statement may seem absurd given the current alignment of forces in the market, Beck argues that the potential of Zcash is extremely underrated.

We think of ZEC as the first globally accessible ‘offshore’ investment opportunity, or a Swiss bank account in your pocket, so to speak. There is no single point of failure. Investors are not bound to the success or failure of a single entity, political regime, or economy.
 

Mattew Beck

Grayscale Investment

At the moment of press, these are main ZEC market parameters:

  • Average Price: $393.87
  • Market Cap: $1 253 426 55
  • 24h Volume: $74 727 600

Tron and Zencash are Now accepted at Pornhub

The world’s largest adult entertainment websites Pornhub, now accepts cryptocurrency Tron as payment: this is significant for the newly independent Tron
27 June 2018   676

Tron was ran on the Ethereum blockchain in April 2017 but soon declared itself as a competitor to its progenitor. It then migrated to a Beta version of its own blockchain at the end of May. Tron`s value has been steadily falling since its migration.

TRON

TRON charts

Pornhub introduces major new marketplace for Tron. Working since 2007, the site issued its 2017 ‘year in review’ in January and the numbers are staggering. 81 million visits a day (or 28.5 billion a year), 25 billion searches performed (that’s 800 per second), 68 years worth of porn uploaded, and 3,732 petabytes of data transferred - “every 5 minutes Pornhub transmits more data than the entire contents of the New York Public library’s 50 million books.”

Decentralized payment systems have continued to grow in popularity, and cryptocurrency adoption is exploding across a broad economic spectrum. Today, cryptocurrencies are especially viable in the adult entertainment industry because they are privacy-centric and incorporate more anonymity tools than traditional tender.
Corey Price
Pornhub VP

Another digital currency now accepted by Pornhub is Zencash, that is a fork of Zcash. Like it Zcash, Zencash is an anonymity-focused coin. Both they are similar but Zencash has additional features such as encrypted messaging and secure nodes - a small number of blockchain nodes that protect the blockchain from attacks, motivated to do so with a reward system similar to proof-of-stake. It has a market cap of $67 million (Zcash is at $682 million).

Pornhub was acquired by MindGeek in 2010. MindGeek is a Canadian pornography group that has been aggressive in its acquisitions over the last decade, according to Forbes, and now owns 8 of the 10 largest pornography websites. Tron has been making huge steps since its migration. It purchased software firm BitTorrent at the beginning of June for an amount which stays undisclosed but is reckoned to be well over $100 million. Some found this puzzling because BitTorrent is a file sharing website that is completely open source.

Tron Price at the Moment of Press: $0,039690 
Market Cap: $2 609 542 551
Volume (24h): $109 684 000