But if you look at that drastic decrease. they make a huge profit whoever made Zcash. They sold many rich people Zcash for $44,000 CAN each coin. and its now worth $45 CAN. That is thousand times less value. Giving its makers a thousand times profit. Definitely history and a record for Crypto-News.
RE: Judge not a coin by it's first mover advantage.
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Judge not a coin by it's first mover advantage.
When Zcash was trading at those astronomical prices is was due to no coins being pre mined. So no the developers didn't sell a bunch of coins at those high prices but they do earn a certain percentage of coins mined for a certain time period i think.
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