{"id":59738,"date":"2025-11-21T15:31:32","date_gmt":"2025-11-21T15:31:32","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=59738"},"modified":"2025-11-21T15:31:32","modified_gmt":"2025-11-21T15:31:32","slug":"burniske-i-have-a-zcash-stash-ill-never-sell-just-like-bitcoin","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=59738","title":{"rendered":"Burniske: \u2018I Have A Zcash Stash I\u2019ll Never Sell, Just Like Bitcoin\u2019"},"content":{"rendered":"
\n

Placeholder co-founder Chris Burniske said in a Nov. 20 interview with Real Vision\u2019s Raoul Pal that he holds a core Zcash position he \u201cwill never sell,\u201d explicitly likening it to his long-term Bitcoin stash, even as he cautioned that ZEC\u2019s current rally is not yet a proven structural breakout.<\/p>\n

Pal opened by questioning whether Zcash\u2019s surge is \u201cjust a rotational circle jerk within crypto again or is this something meaningful?\u201d Burniske responded<\/a> by foregrounding his conflict of interest: \u201cI\u2019ve been deeply involved within the Zcash community, so I have some bias here.\u201d He cited personal ties and formal work with the ecosystem \u2014 \u201cI\u2019m friends with Zoko [Wilcox] [\u2026] I sat on [\u2026] a grants board\u201d \u2014 and recalled that in 2016 Zcash was \u201cthe most anticipated coin\u201d and initially traded as \u201ca better Bitcoin,\u201d a narrative he said \u201cis coming back now.\u201d<\/p>\n

Burniske HODL\u2019s ZCash And Bitcoin<\/h2>\n

On market structure, Burniske stressed that ZEC is not moving alone. \u201cZEC is ripping, but so is Dash and so is Monero<\/a> [\u2026] a lot of these OG privacy coins.\u201d While noting Zcash \u201chas done the best,\u201d he relayed industry chatter for why privacy assets often run late in cycles: \u201capparently [\u2026] some Bitcoin whales will use some of these coins to [\u2026] anonymize their profits, end of cycle, um juice a bit more return.\u201d He emphasized this was not a firm claim: \u201cI don\u2019t have the hard data on this [\u2026] there\u2019s kind of that explanation.\u201d<\/p>\n

For Burniske, the real signal won\u2019t come from the current leg higher but from how ZEC behaves when liquidity compresses. \u201cWe are not going to know until or if we get a bear market and we see where these assets bottom.\u201d His test is relative resilience versus peers: if \u201cDash and Monero [\u2026] go back to the bottom of their ranges but ZEC holds materially higher [\u2026] that is very strong signal to me.\u201d<\/p>\n

Despite that uncertainty, Burniske described a non-negotiable core holding. \u201cI have an amount of Zcash [\u2026] that I will never sell. And I kind of treat it like an amount of Bitcoin that I will never sell.\u201d He tied the reasoning to Bitcoin\u2019s historical payoff curve: \u201cThe only way people did phenomenally well from Bitcoin [\u2026] is basically just being like never sell, right? The hodl mentality.\u201d In his framing, that \u201cportion of ZEC\u201d is held outside cyclical trading logic.<\/p>\n

At the same time, he separated that conviction from short-term price chasing. \u201cEven if it keeps going parabolic<\/a>, you know, I don\u2019t trust that parabolic move. I wouldn\u2019t chase that parabolic move.\u201d He said he has avoided hyping the rally publicly because ZEC\u2019s market narrative is still \u201cunproven,\u201d and he doesn\u2019t want to be responsible for others buying into euphoria and later blaming him.<\/p>\n

Burniske pointed to ZEC\u2019s long-term chart improvement as a positive development, though not a verdict. \u201cI love that it\u2019s cleared its 2021 highs and it had a monthly close higher than anything it had in 2021,\u201d calling that \u201ca point in the right direction.\u201d<\/p>\n

But he also noted the asset is \u201cbasically back at its 2017 highs,\u201d underscoring how much of Zcash\u2019s history has been spent in violent ranges. \u201cIt\u2019s been this wildly volatile ranging asset,\u201d he said, describing ZEC as a \u201cproblem child\u201d in a market where \u201cmost crypto assets are value destructive\u201d and only a small minority are \u201cvalue creative.\u201d For now, ZEC is \u201ckind of a Schr\u00f6dinger asset.\u201d<\/p>\n

Fundamentally, Burniske anchored his long-term thesis in Zcash\u2019s cryptographic pedigree<\/a>. \u201cZoko and his team are as hardcore cypherpunks as you could come by,\u201d he said, adding that their \u201ccontributions to zero knowledge technology are above anyone else in the industry.\u201d Those attributes, in his view, make ZEC a credible candidate for a rising privacy premium over time, but only if markets eventually validate that premise through sustained higher lows.<\/p>\n

In short, Burniske\u2019s stance is two-layered: an untouchable core aligned with Bitcoin-style hoarding \u2014 \u201cI will never sell\u201d \u2014 and a refusal to treat the present parabolic move as confirmation. The decisive evidence, he argued, will be whether ZEC can keep its footing when the cycle turns and the privacy complex retests its real support.<\/p>\n

Notably, Burniske highlighted ZEC relative strength in a X post<\/a> on Nov. 17: \u201cIn the dying breaths of this cycle it doesn\u2019t so much matter what ZEC goes to in USD terms from here; enough good work has already been done there. It does matter, however, at the next bottom where ZECBTC & ZECUSD consolidates. Over the last couple months, the work it\u2019s done in ZECBTC terms is most notable to me.\u201d<\/p>\n

He added that Zcash\u2019s performance is especially notable in BTC terms. \u201cPut another way, this late cycle price action from ZEC is not all that unique in USD terms, but it is unique in BTC terms. At the same time, you have to always respect that, for now, BTC sets the entire mood of the cryptoasset market on a medium-to-long term time frame,\u201d he concluded.<\/p>\n

At press time, ZEC traded at $674.82.<\/p>\n

\"Zcash<\/div>\n","protected":false},"excerpt":{"rendered":"

Placeholder co-founder Chris Burniske said in a Nov. 20 interview with Real Vision\u2019s Raoul Pal that he holds a core Zcash position he \u201cwill never sell,\u201d explicitly likening it to his long-term Bitcoin stash, even as he cautioned that ZEC\u2019s current rally is not yet a proven structural breakout. Pal opened by questioning whether Zcash\u2019s […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-59738","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/59738","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=59738"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/59738\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=59738"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=59738"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=59738"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}