Unit Bias
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Will Buying Zcash at $400 Be Like Buying Bitcoin at $400?
Yahoo Finance· 2026-01-20 11:30
Core Viewpoint - The current price of Zcash (CRYPTO: ZEC) is under $400, while Bitcoin (CRYPTO: BTC) is priced around $93,000, leading some to suggest that Zcash could become as profitable as Bitcoin if purchased now. However, this notion is often misleading and oversimplified [1]. Group 1 - Zcash is priced at $375 as of January 19, with a market cap of approximately $6.2 billion, which is significantly smaller than Bitcoin's market cap of nearly $1.9 trillion [7]. - The concept of unit bias is prevalent among crypto investors, where the price of an asset is misleadingly equated with its potential for growth, ignoring market capitalization [6]. - Zcash shares a design feature with Bitcoin, having a capped supply of 21 million coins, but for it to reach Bitcoin's level, several conditions must be met in the coming years [10]. Group 2 - Bitcoin's supply policy includes a hard cap of 21 million coins and a halving schedule for mining rewards, which contributes to its increasing value over time [8]. - The comparison between Zcash and Bitcoin based solely on current prices is flawed, as historical price points do not guarantee future performance [9].
X @TylerD 🧙♂️
TylerD 🧙♂️· 2025-08-06 17:24
One of my hottest takes for this cycle -We will see a CryptoPunks ETF or alternative kind of fractional reserve take offPeople want to bet on Punks action but entry cost is too highWhoever figures out how to best change the unit bias has a real opptyEffectively $PUNKS ...