{"id":91099,"date":"2025-11-17T12:44:07","date_gmt":"2025-11-17T09:44:07","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=91099"},"modified":"2025-11-17T12:45:23","modified_gmt":"2025-11-17T09:45:23","slug":"bitcoin-maximalists-clash-with-zcash-advocates-amid-price-surge","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/bitcoin-maximalists-clash-with-zcash-advocates-amid-price-surge\/","title":{"rendered":"Bitcoin Maximalists Clash with Zcash Advocates Amid Price Surge"},"content":{"rendered":"

As the price of Zcash<\/a> soared to $700, a heated debate erupted within the crypto community between proponents of digital gold and the privacy coin.<\/p>\n

Hunter Horsley, CEO of investment firm Bitwise, stated<\/a> on X that those who adhere to the “Bitcoin only, everything else is a scam” philosophy would struggle to articulate their stance on the confidential cryptocurrency. His post triggered a flurry of comments.<\/p>\n

\n

“No, we are quite ready to call this obviously coordinated Pump & Dump<\/a> of a venture coin a scam,” replied<\/a> a user named Bit Paine, noting the 1500% rally since October<\/a>.<\/p>\n<\/blockquote>\n

\"ZECUSDT_2025-11-17_09-39-26_f670f\"
Daily chart of ZEC\/USDT on Binance. Source: TradingView<\/a>.\u00a0<\/figcaption><\/figure>\n

Helius CEO and Zcash supporter Mert Mumtaz agreed with Horsley and interpreted<\/a> the Bitcoin community’s criticism of the privacy cryptocurrency as conspiracy.<\/p>\n

Back on Top<\/h2>\n

At the time of writing, ZEC is trading around $688, ranking 16th<\/a> in CoinGecko’s market capitalization list. In the privacy coin segment, the cryptocurrency leads by a significant margin over its competitors.<\/p>\n

\"privacy_coins\"
Privacy coin segment. Source: CoinGecko<\/a>.\u00a0<\/figcaption><\/figure>\n

Former BitMEX CEO Arthur Hayes recently revealed<\/a> that Zcash has become the second-largest crypto asset in his family office Maelstrom’s portfolio, after Bitcoin.<\/p>\n

Previously, he urged<\/a> holders of the privacy coin to withdraw assets from centralized exchanges.\u00a0
Earlier, Galaxy Digital analyst Will Owens called<\/a> Zcash the “spiritual successor” to digital gold.<\/p>\n","protected":false},"excerpt":{"rendered":"

As the price of Zcash soared to $700, a heated debate erupted within the crypto community between proponents of digital gold and the privacy coin.<\/p>\n","protected":false},"author":1,"featured_media":91100,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"Zcash price surge sparks debate between Bitcoin maximalists and privacy coin advocates.","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[18,1256,202],"class_list":["post-91099","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitcoin","tag-privacy-and-personal-data","tag-zcash"],"aioseo_notices":[],"amp_enabled":true,"views":"239","promo_type":"1","layout_type":"1","short_excerpt":"Zcash price surge sparks debate between Bitcoin maximalists and privacy coin advocates.","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/91099","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=91099"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/91099\/revisions"}],"predecessor-version":[{"id":91101,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/91099\/revisions\/91101"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/91100"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=91099"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=91099"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=91099"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}