Will ZCash (ZEC) value be under .01 BTC on Janurary 1st

Category:

Description

ZCash held high promise due to zero-knowledge proof called a zk-SNARK. The first mined coins sold/traded for very high costs at 6 BTC per ZEC. But as more coins are mined the value has declined as well as the zk-SNARK still being questioned.

After just 7 days the price is now at just under .6 BTC with a downward trend.

Will the price keep on the downward continue dropping to under .01 BTC per ZEC?

Decision Logic

The price will be checked at https://coinmarketcap.com/currencies/zcash/#charts

2925

CLOSING IN2016-12-18 23:00:00

4:49PM, Nov 6, 2016 UTC

11:00PM, Dec 18, 2016 UTC

3:00AM, Jan 1, 2017 UTC

RESOLVED AT 3:47AM, Jan 1, 2017 UTC

Total Volume: 0.0150

This bet has been resolved!

The outcome was "No"

0.015 was split between 2 bettors.

YES

Volume:	0.0050
0.023325
# of Bets:	1

Volume:	0.0100
0.039
# of Bets:	2

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