[Translation] 1ZEC is 240 million yen (maximum instantaneous) wwww I translated the buzz around Zcash's official FAQ into English.

Zcash launched on schedule on 10/28 and is being mined by miners around the world.

Trading on the cryptocurrency exchange Poloniex began immediately, and at the highest price on 10/28 it reached1ZEC=3299BTC...If 1BTC=JPY 73,000, then 1ZEC would beJPY 240,000,000(laugh)

Naturally, the next day it dropped to a high of 22BTC (about 1.6 million yen) (it currently appears on Poloniex as of the 29th price), and as of 10/31 it has settled around 0.7BTC (about 51,000 yen).

I joined a cloud mining service to buy mining power, and since it was my first time I purchased around 100,000 yen worth (1-year contract). It yielded 0.008ZEC in dividends over two days. The rate is likely to keep falling day by day, and the difficulty of mining will increase, so I wonder when I will recoup the 100,000 yen… there are many things to look forward to.

Now, to the main topic.Translation of the full FAQ from Zcash official site as of 10/24into English is presented.