Connect with us


ZClassic (ZCL): Peaks, Lows and Hard Fork



The last couple of days were thrilling for ZClassic (ZCL) holders and investors, but not at all times positively exciting. ZCL often showed changes in the volume of selling as well as in the price, starting with changes from January 21st, 2018, still leaving everyone wondering what will happen next.

Trading at its all-time high just a couple of days ago, from that moment things got pretty turbulent for this cryptocurrency as it had its price going up and down day by day, keeping everyone expecting and even cautious. Another thing collecting the general interest of holders and investors is the case of Hard Fork. When will ZCL get its fork and will this currency come to a safe point with continuous increases in price?

What is ZCL?

When talking about ZClassic, the best currency to be compared to would surely be ZCash. In case you have heard of ZCash, you surely know that these two cryptocurrencies are closely related. So, to explain what ZClassic is, we first need to follow up with a couple of facts that describe ZCash.

ZCash is thought to be one of the most significant currencies on the market. It is even believed that this digital coin will also replace Bitcoin very soon. ZCash is created in a way that would make you think that its creators wanted to address everything that wasn’t quite right with the original cryptocurrency – Bitcoin.

So, unlike Bitcoin, ZCash is covering all issues regarding general privacy when it comes to tracking transactions. ZCash is programmed in a way to represent a decentralized community where fast and cheap transactions are enabled, but unlike with Bitcoin, the amount of each transaction, the recipient’s address and all information about the sender remain private and kept on its own blockchain. That way, ZCash managed to solve what they thought was the biggest issue regarding the privacy during and after the process of completing transactions by using blockchain.

ZCash thus managed to earn its place on the global coin ranking list, fair and square, also acquiring a stable pace of increases in price, which led this coin to a fabulous price of 472.58$ per one unit.

Now, you are probably wondering (in case you don’t already know), what ZCash has to do with ZClassic? Well, ZClassic is an implemented value existing simultaneously with ZCash on ZCash’s blockchain.

What is interesting about ZClassic is that from the moment of its launching, this coin didn’t have a “soft start” like other coins do – meaning that every coin when released and launched must go a long way until it gets the opportunity to hold any value. The market is always dictating that price.

So, the price of any coin per one unit would depend on its popularity and the number of holders and investors. Also, in case the coin is being massively sold at its lowest, this scenario would result in having the price decreased. The same goes for having the holders of a certain coin holding and using the coin for a long time – this scenario would result in having the price increased during the time the coin would be doing well.

But, with ZClassic, this just wasn’t the case at the beginning when this coin was first launched. So, instead of having ZClassic starting from a soft price, dealing anywhere from 0.000001 to 0.1$ which is the usual case, ZClassic started with an imaginary price that wasn’t even roughly determined. That way you had a chaos on the market where some people were buying 1 ZClassic at the price of 3000 BTC, which is a ridiculously high price for a new coin.

The only difference between a regular new coin and ZClassic was the fact that ZClassic had a history of being related to ZCash – a coin that was doing pretty well as at that time, just as it is doing great at the moment of this writing.

Although ZCASH and ZClassic story is a whole different story from the story about Ethereum and Ethereum classic, most people were still cautious, and some still are, when it comes to buying and investing in ZClassic.

ZClassic and ZCash are working together, simultaneously solving the problem of privacy during and after transactions and complementing one another. Developers even use ZClassic to improve ZCash, following up with bugs and potential issues and working on fixing everything. That way, a large community of people with the same goal is working together to create a decentralized ecosystem, ZClassic, that peacefully coexists with ZCash, somewhat its patron network and the original Z-coin.

But, what makes most holders make up their mind for ZCL over ZCash, especially miners, is the fact that ZClassic doesn’t take 20% from the miners. The miners involved in mining this currency, get all they can mine and keep their rewarding chains.

The Hard Fork

The case where ZCL came down from its all-time high of over 50% in only a matter of a week, might have something to do with the long-awaited hard fork. In case you are not familiar with this term, Hard Fork represents a complete renewal of the blockchain system and protocol that affects nodes into making transactions valid if previously invalid.

This occasion also goes vice versa. Hard Fork then represents a radical change within a protocol of blockchain technology where all users must upgrade to the latest software to be able to still participate in the blockchain ecosystem.

The announced hard fork was responsible for having ZClassic go from a bit over 10$ to over 200$ per one unit, as investors expected all new changes to be applied within the given deadline. When the announced changes weren’t applied, the price dropped as investors started to sell their ZCL, that way affecting the price to drop down to 50%. Now, ZCL is trading at 164$ per one unit after rising 11% in the last 24 hours.

The most recent change was probably the result of having developers confirming that the hard fork protocol is already prepared for implementation, but the announced date was moved four weeks after the original announcement.

In case the hard fork is implemented as announced, and all changes are put in practice, ZClassic will most certainly continue with increases, getting back to its all-time high and potentially going beyond that price within a short period. And, in case hard fork implementation fails, it is certain that this coin will suffer from many decreases.

We will be updating our subscribers as soon as we know more. For the latest on ZCL, sign up below!

Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency.

Image courtesy of


How Can Foreigners Get Loans in Singapore



loans for foreigners in Singapore

Foreigners who are residing in Singapore and looking for financing could do so in the form of a payday loan. It is good to find out that you can borrow the money from a reputable lender and that the interest rates are low enough for it to be a viable option. Online lenders that specialize in doing business in the country can certainly help one. These online companies are not only reliable, but their service is fast.

At the same time, many cannot afford a high standard of living. Many individuals cannot afford essentials, such as a car or a house. It can be difficult for the majority of the working class to scrape through on their basic salary. 

What defines a foreigner in Singapore? 

A foreigner in Singapore means that you are not a permanent or natural citizen there. As a foreigner, you will not be holding a Singaporean passport. The rules can differ a little for foreigners and residents. Singapore, being a multinational hub, houses many foreigners within the city. Foreigners come to Singapore for the many attractions it offers. Many people come to Singapore for Work-related purposes. A lot many also come for vacations or to visit a friend or a relative. Some foreigners come with a plan to move to Singapore permanently, attracted by their lavish lifestyle. Singapore also houses many International students attending many esteemed Singaporean Universities.  

Continue Reading


Aluna.Social is a Compelling Social Platform for Crypto Traders and Investors




When one thinks about the social media landscape, the companies that first come to mind are most likely Facebook, Instagram, LinkedIn, and Snapchat.  These platforms are a great way to stay connected with friends, families, and colleagues, especially when geographic distance is a factor.  But, in addition to just chatting about life in general and sharing pictures, social media can be used to bridge the information gap that exists within the investment community.

Over the last decade, many trading offices have been established in large cities all over the world which allow solo traders and investors to pay a monthly fee in exchange for a workspace.  The real benefit to trading in these offices is to participate in the free flow of trading ideas and information.  Proprietary trading is one of the most challenging careers to be successful at and the exchange of ideas is almost required in order to succeed.  Traders at hedge funds and investment banks work in teams so why shouldn’t remote traders?

While these trading offices are a great way to help bridge the information gap, Aluna.Social may provide an even better way, especially as it relates to cryptocurrency trading.

Mission Statement

Aluna.Social, founded by Alvin Lee and Henrique Matias, is a multi-exchange social trading terminal for crypto traders and investors.  The goal of the platform is to help newcomers shorten their learning curve, unlock their full potential, and improve trading performance.  Cryptocurrency trading can…

Continue Reading


CoinFlip Scores Big with BRD Wallet Partnership




As the crypto markets move closer to mass adoption, one of the keys for future success will revolve around attracting as many market participants as possible.  While many crypto users are extremely tech oriented, a lot of those on the sidelines are not.  The cause of waiting on the sidelines could be due to a variety of reasons such as fear of the unknown, lack of knowledge, age, or a combination of all of the above.  In order to entice new users to join the crypto revolution, crypto ATMs are rising up across the country.  Of those, the largest and most influential crypto ATM company by a significant margin is CoinFlip.

In early October, CoinFlip announced on its Twitter that it had officially partnered with BRD Wallet to re-introduce their crypto ATM map.  Now, BRD wallet users will be able to locate their nearest CoinFlip ATM and receive a 10% discount for both buys and sells.  BRD brand awareness is growing quickly within the crypto community thanks to its innovative and entrepreneurial spirit.  The team strongly believes in the value of financial freedom and independence, and want to empower people across the world by leveraging the possibilities that Bitcoin and other cryptocurrencies provide.

Cryptocurrencies are already making a huge difference around the world.  Citizens of Venezuela, a country devastated by rampant inflation, have been using several cryptocurrencies like Bitcoin and Dash, to help protect their assets and hard-earned…

Continue Reading

Press Release