Bitcoin Forum

Options have been re ordered and poll reset.
Original order and votes are as follows

1st reset
Brilliant coin. Solid team. I'm in. ............................................................................... .... - 45   (52.9%)
Price is rising so I buy, but not sure........................................................................... ..... - 3    (3.5%)
Shitcoin being pumped. Going to buy and try to make money before the premine dump. ..... - 19  (22.4%)
Why do people keep falling for these premined turdcoins?................................................ - 11  (12.9%)
Stop making polls you twat........................................................................... ................  - 7   (8.2%)

Total Voters: 85

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2nd reset
Why do people keep falling for these premined turdcoins?............................................. - 7 (15.2%)
Shitcoin being pumped. Going to buy and try to make money before the premine dump.... - 5 (10.9%)
Price is rising so I buy, but not sure........................................................................... ... - 3 (6.5%)
Brilliant coin. Solid team. I'm in............................................................................. ....... - 25 (54.3%)
Stop making polls you twat........................................................................... ................ - 6 (13%)

Total Voters: 46

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Decred has risen fast on heavy volume and seems to have some very deep pockets behind its development.

Is the following


justified by

Social FUD/astroturf campaigns are cheap and easy ways to try and control the narrative.

Whenever I see a little too much effort put into a fud post like this, I'm just gonna post a link to this article which explains why they're useful and used profligately throughout the cryptocurrency space. It's done by stakeholders of similar cryptocurrencies in order to protect the value of the one they're locked into, and it's also done by the fiat currency establishment in order to undermine, derail, or distract.

Have fun reading this article by way of my own little boilerplate FUD/astroturf neutralizer.

https://bitcoinmagazine.com/articles/i-m-a-former-green-beret-here-s-how-i-would-bring-down-bitcoin-1456165726 (https://bitcoinmagazine.com/articles/i-m-a-former-green-beret-here-s-how-i-would-bring-down-bitcoin-1456165726)

I am not a stakeholder in any competing currency.

I consider Decred a shitcoin but bought 0.03 btc worth, which is a lot for me, but will be watching sentiment towards the coin and will try to dump before the devs and other bag holders do.

So I am making money if it goes up and do not make any money if it drops, but consider the truth to be worth something too.

why not, if we are going to talk about all the sins and bitcoin will go on it with zeal and stumbling to deceive themselves and make uncharacteristic decisions, when conducting work on the bugs and fill the void with meaning and after that to have the best over the old one, but this is something there, and I think bitcoin can go to sleep

The truth is displayed in your poll. People love decred no matter what a few fudders claim. The technology and governance will proove itself just matter of time. And i am not saying that it will compete bitcoin but will be the second crypto for sure and may help bitcoin to oversee their old fashioned governance that helps only the very few decident factors

lol

There are lots of coins that allow users to vote on various things.

What really makes Decred stand out is the shameless hype it's pump team uses.

You can use fancy words like "governance" and shovel all kinds of nonsense in every direction, but Decred is a common shitcoin that is being pumped by some old bitcoin hands who have nothing new but want to cash in.  ;)

---

As for what is displayed by the poll, there were 25 pro Decred votes almost immediately, there are 28 now as I post (thread has 244 views).

Let's see if this changes

Brilliant coin. Solid team. I'm in.   - 28 (70%)
Price is rising so I buy, but not sure.   - 2 (5%)
Shitcoin being pumped. Going to buy and try to make money before the premine dump.   - 6 (15%)
Why do people keep falling for these premined turdcoins?   - 2 (5%)
Stop making polls you twat.   - 2 (5%)
Lock Voting Edit Poll
Total Voters: 40

soooo this is all you can come up with for calling it a shitcoin? really?

It's a shitcoin just like any other shitcoin and I can say that with absolute certainty even though I know nothing about it.  People are barely using bitcoin--there are hardcore users, yes, but the average Joe on the street?  Absolutely not.  And no one on the street would likely know about LTC or Dash or Doge, much less Decred.  It's laughable.

Genius innovation?  It's like designing a better turd.

Decred is actually one of the more quality cryptocurrencies to be released the past several years. Do yourselves a favor and get informed.

DCR price just keeps floating up! i don't know how they do it but this natural growth is amazing!!! i heard it's going on poloniex?

I find everything about this coin, convoluted, including the reward schedule. It's a mess in my view, like a Jackson Pollock painting.

P.S. I actually like Jackson Pollock paintings.

The idea behind speculation is to anticipate what people will use, not what they are using.

Here is a brief incomplete summary of the shittiness of this shitcoin.

1) A massive premine. The signature of people who don't quite get what coins are about.

2) An NGO mentality. The signature of people who want to get paid for appearing to do something great that they are not actually doing. If you strip away the charming words like "governance", "progressive", etc, all that is left is bullshit.

3) Airdrop. A cheap way to buy allies, bribe strangers. A reputable crowd would not throw dollar bills. You can justify it by saying "xyz coin did it", but it bodes poorly for the coin.

4) Zero substantial innovation, beyond fluff stuff. The coin really adds nothing useful. It only claims to, in very eloquent language.

5) The one, single, only thing that gives the project some credibility is the list of projects that some of those devs were involved in. It looks like some of them were involved in big projects in the past. This coin will continuously need a massive inflow of money to keep it looking shiny to investors and the public. At some point, as more coins are mined, the expense will exceed the return and the house of cards will fall.

For now it is a utter shitcoin, if not worse than a shitcoin. The so called "dev team" has done absolutely nothing so far, maybe there is something being done behind the scenes, who knows. They developed the project for years, "bought in" for a lot of cash (as they say), are trying to be the next big thing in crypto yet they work with less care than random shitcoin developer who launches 5 in a week. If they would care about the coin and the future they would have not given us the shitshow launch that this was.
It is just another pump for the whales. Welcome to the future and Crave vol 2.

Honestly this is the first time I read about this coin I was attracted because they say the developers of bitcoins are actually behind this coin?Is this true or they just want to hype decred it's a good publicity hype,you know when you are starting any new project..

not core developers as far as i know

What is the real technical innovation and new function of this coin, without regard to the governance issues.

Where are you guys trading this coin?

Because when I am trying to buy the coin on yobit there is little volume for that?

And the price is like 11 satoshi.

This coin seems to be a shitcoin to me. There is a lot of premine which will not attract people to buy. Most likely the dev will cashout and dump those coins into the market.

And Bitcoin is a dead end compared to some other tech so why is it a positive they have some time in the past done something Bitcoin related? I would actually prefer a coin by developers who can do better than Bitcoin.

Perhaps they needed an easy job that pays monthly so they came up with the governance scheme.

And the price is high probably because they airdopped most of the coins to themselves.

Or maybe it really is the new Litecoin with nothing new to offer but still somehow silver to Bitcoin's gold.  ???

There is a reason crypto mining is called Proof of "Work", i.e there is actual energy from processing power and electricity put into minting coins which gives it inherent value. Well you know what, they did the work too in developing the coin with the original white paper dating back to 2013 and they've been working on it since. Work & labor is measured in more ways than just flipping on your mining software.

And for once they launched a coin that is actually working with features right from the onset instead of another lame "hey we got this really good idea, we just need 2 years to do it and an ICO to get it off the ground"

In my mind they earned the premine, and with the small supply and strong holders from the airdrop I predict it can be a top 10.   

What features?   ???



There is already Bitcoin and there is already Litecoin in the top 10. Why would Decredit be top 10?

Solid team (btcsuite devs) solid technology, big potential, devs have good funds and miners cant screw around like bitcoin because of Decreds superiour governance model.

http://i68.tinypic.com/14xsmu.png

If some of the developers of btcsuite are making their own altcoin, i'll pay attention to it. They're good developers, and the idea of an altcoin written in Go is refreshing.

Actually that is exactly what this coin is.

Except there is no "really good idea"...

And the ICO is camouflaged as a huge premine given to investors.  :o

Imo Decred is great. It has an amazing dev team, and a really enthusiastic community. Sure, PoS/PoW hybrid coins aren't exactly new, but it's not really about who does it first. It's about who does it better. I never understand what people have against premines - sure, if there's a 20% premine that would be a little troubling, but 4% of the 8% premine went to airdrop, so please stop complaining about the massive amount of money the devs made straight off the bat. Devs have also committed that they wouldn't sell a single coin for a year, while c0 won't trade for two. (https://forum.decred.org/threads/the-projects-commitment.730)

 Of course these could just be words, but it's a bold commitment. I'm definitely biased towards Decred, because I did participate in Airdrop, still have all my DCR, and I am actively following the forums; I know the community fairly well, and I must say that this would be a lot of unnecessary effort just to scam us. The price has already risen to over 600k, so why haven't their been any massive dumps yet? I guess I was a little skeptical at first, but I decided, 'what the hell, even if it is a scam, I'll get an airdrop.' But since then, I've seen a large amount of dedication from both devs and community members. All I can say to skeptics is that there will be a time when you will wish you could have became involved with Decred while it was just taking off.

+1 Decred has amazing potential, could be the dark horse a year or two from now.

Part of it has to do with the psychology of economics.

Some people believe that a currency should not be made to benefit the people who made it or manage it, and that coins should be created as "clean" as possible, to be used as an accurate reflection of assets' (e.g., commodities') values, rather than starting a currency off with a certain percentage of that entire coin economy in the hands of people who become like kings if the coin is widely adopted.

There are other reasons people do not respect premines and those who promote them.

You should research it.

It is quite an important aspect of coins.

It's to early to tell if this coin will succeed but judging from their community and how enthusiastic their developers are I'm sure this coin will go a long way,let's give them a benefit of a doubt and let them work their way to the top..

Enthusiastic?


lol

I am very disappointed on their community and they banned my account without giving me warning,I am still surprised I have done anything wrong on why should they banned my ip I only ask two question about their airdrops and posted on their marketplace about my online store
..This is not a good community and coin to be involve it I now consider this coin as a shitcoin

Everything you've stated is fairly obvious, and I have looked into premines, airdrops, and alternate ICOs. 'Some people' believe a lot of things, but the truth is that it costs money to maintain these massive networks, and ensure (to their best ability) there are no breaches. As a new coin that has received as much attention as it has, it has so far not shown any lack of security or developers with ill motives.

I don't understand what you mean by camouflaged, they practically come out and say that is what the premine's for - funding the developers, as are most ICOs. As I said in my post, the developers claimed that they won't touch the premine for 1 year, using it only for PoS. You really didn't explain to me why people dislike premines then "because some people do". It seems that you are trying your best to bash on Decred, any particular reason? It's nothing new, we get it, and it's obvious that the developers didn't walk away from launch penniless, but it has reputable developers and despite opposition it is succeeding.

lol ok, so where does MZC and Maryjanecoin fit in that mentality? Either you are butt hurt or stupid... I cannot decide which.

You are sort of right about MZC and MARYJ.

MZC I still support because I like the idea of a Native American currency.

MARYJ I tried to support but got put off when the dev started deleting critical comments.

Great insight and analysis I guess this applies to all the new coins coming up in the market i don't see much on this coin,they are making things shined in the eyes of investors,I have a taste of how their admins and devs works they ban people on their community that do not adhere to their beliefs ..

i was trying to not get involved until i read  "MZC I still support because I like the idea of a Native American currency."...u support that crackr payu harris,lol and his cronies, anon pirate and boxxa...gd luck , suppose u also believe his latest pump attempt saying ...he will be lakota nation mayor ,lol  and as for premine dammn payu got a shitload of mzc ready to dump on your ass daily.
And aswell as myself , many of my bitcointalk and twitter friends recieved 282 dcr as promised ( over 200 people afaik) , so stop talking shit about devs keeping the airdrop.
Either your butthurt u didnt get any coins or you want to buy cheap, why else would you create and monitor this forum?  ( no need to answer )  :P

So 2 full pages and still not even a sign of "Genius Innovation", I guess that says it all.

The code does not appear to be a copy and paste clone. However; since I have can't even program "Hello, World!" without a step by step guide, it doesn't take much to impress me.

You're partially correct. There is not much new to Decred, but that doesn't automatically make it the other option - an utter shitcoin. Notice how many people voted "Brilliant coin. Solid team. I'm in." Sometimes just being associated with a group of people is enough for success. I'm not saying that Decred is the most revolutionary altcoin of the century, but I will say that the developers are going about the management of this coin perfectly - and that's all it really takes. People can hate and call it a shitcoin; regardless the coin is steady and will hopefully be added to more exchanges soon.

these should be considered as  "innovation"

1.  i tried to mine this coin and it was very difficult, like 1 or less decred every day on 280x, would that be considered genius innovation considering that dev get from premine and subsidy

2. from https://dcrstats.com/  i can see Dev subsidy: 3.1195 DCR  Huh what was taht ?

3. premine was airdropped to attract shill and supporter

4. premine can be used to conduct pos mining :P  (see above 1 and 3)


this coin is indeed "genius innovation" lol

There is a big pump on this coin usually happen on a new and so called promising coin but after the smoke people will dump this coin I've read on their thread one guy dump all of his airdrop coins so nothing extra ordinary on this coin really

Are we supposed to be surprised that one out of a few thousand people dumped their coins? I'm certain that more than just one guy dumped, I don't see the significance of this at all. If no one dumped, there would be very little market volume, and the coin would have been deemed a failure. So people do sell, it does wonderful on both of the major exchanges it's on and... people still say it's a failure. Whatever, there will always be skeptics. As with all altcoins, it boils down to this - if you don't like the features and see nothing special in it, then simply don't put your time or money into it. As for me and the several other people who believe in this coin, we'll continue to spend our time watching this coin grow and develop.

Now, I don't know much about decred (nor many of the other shatcoins for that matter) but sometimes you don't have to know anything fundamental to profit from these things.  The greater fool theory is in full effect, so I may take the plunge.  Not sure about decred but maybe ETH or something.  Too many suckers are making money and it pains me to see this.  But damn, if only I were smart enough to design my own shitcoin--I'd be Scrooge McDuck rich, rolling around in my piles of gold.

A PhD pharmacist, for sure.

Well said.