Bitcoin Forum

I'm sorry Cryptohunter, Assman and Decentralized, but I'm just feeling too smug not to point it out :)

To all your credit PIVX keeps bouncing up a lot higher off its bottoms than I expect it too.

I am not sure where this sudden Decred pump is coming from there's nothing new released as far as I'm aware so it may correct itself back down again and wipe the smile off my face, we will see.

I am just looking forward to seeing what happens with Decred when they do their "big" 1.0 release next month. I hope they get their treasury system decentralized and set up with the voting soon because that's my biggest issue with Decred right now I'm not sure if that's supposed to be coming in this release or a bit later.

Anyone know the reason?

It's called manipulation AKA PUMP & DUMP.

If so, the price of DCR will decrease very soon.
The price is really too high.

I dont know whether its a pump,but what i know is that Decred is the most under valued coin now.It seems lot have realized its potential.

my thoughts too. DCR has the potential as top 5-10 coin, so why not be there in price? :D
its unique no ICO, PoW, GREAT coin! the PoS ticket system rocks too, this is just the sleeping giant awaking! :D
it WILL prob correct a bit, but long term, 0.05 is easy for DCR IMO

https://www.youtube.com/watch?v=x2VOfCsg2uU&t

Th original Coinbase video was audio bugged. This one is fixed and has the slides for view

Since LTC founder likes DCR, I guess LTC and DCR will exchange the market cap rank?

its really making a big break out and looking from a positive points of view surely the price will still moving up
better to hold and keep buying dcr is really showing good potential to be more valuable in long term investment
keep an eye with this project.

I dont see what makes DeCred's any better than the other 600+ wallet-QT knock offs.  Does anyone have any insight other than listing the same features as every other wallet-QT with GUI interfaces and in this case I guess Charlie Lee's endorsement?  If this is all that it has going for it then I would say its way over valued.  That said, seems like a pump and dump to me as well but hey look at DASH, who knows where it might stop and how little or hard it may pull back.

I dont't think, that DCR is the most undervalued coin.
I think, it was the most undervalued coin.
What the future might bring ... we'll see.
Just glad, that I sold my coins at 0.015 this night.
What a nerve cracking thriller ...

all coins increased recently, the reaosn is that money from bitcoin move to altcoin, and a 90% increase is nohing extraordinary, every coins now is +90% or more, like ethereum and dash which are 300-400%, why people are astonished for something like this? it's pretty normal in crypto

My guess is that it's related to the "hardfork voting" feature slowly taking form. That's in sharp contrast to the way Bitcoin is doing controversial updates.

Governance is an unsolved problem in cryptocurrencies. Decred at leasts does offer a new model that can be experimented with. It is unknown if it will work better than "benevolent dictators" or "chaotic voting" like in BTC, but it's worth a try.

pretty simple decred isn't a wallet-QT or a fork of bitcoin, is writed from scratch in golang, its wallet doesn't use QT at all, paymethus wallet use .net decredition wallet use electron  ;D

It has been growing about 4000% under three months! I don't think it's a pump and dump. Just that the supply is very low, condidering around 40% of the 5 million coins mined are locked staking. DCR has been gaining attention due to the very interesting governance model, there has been recently a presentation at Coinbase, and they have an ambitious roadmap. What happens when big bags are coming and the supply is low? The price increase is what happens!

I strongly believe this is another bull run by whales to dump on top. Anyone buying at this peak will definitely loss so much within next 24 hour.

Yes it's true nothing behind this rise just for short time of rise than will go to bottom line again.

Enjoy it. I am. Never have all your eggs in one basket

I tried to search for some clues on Decred's official forum, here: https://forum.decred.org/ (https://forum.decred.org/)
But there is not much activity going on there. Barely any recent discussions.
So without any serious news, it is safe to assume that it's standard pump&dump action.

Congrats man.  I actually just saw this in the new Crypto Times episode and my jaw dropped. 

Nice score, hope it continues, but this PIVX rocket is still in launch position.

where can i short it with leverage?  :)

I dont think it will take off too much before they fix their treasury system.


I have all my crypto eggs in 2 baskets, but overall, crypto is like a tiny little basket with 2 little eggs in it for me.

Just hoping those eggs hatch into dragons instead of chickens.


Given how much it went up how quickly I believe this is highly probable.

Decred doesn't deserve to moon until their treasury is actually decentralized and holders vote on where it is spent, IMO.

Then once they sort privacy (they say mid year they will START working on it) it can go to mars.

So still another couple of years yet I think.

No place you can short it, only short with selling.

No need to assume. It is surely a pump. We have seen this occur many times in a cryptocoin's trading cycle. It will be pumped and then dumped then pumped again to the traders delight. When there is no more bitcoins to be made because the newbies ran out of money they leave. Then the coin fades in trading and sometimes delisted by the exchange because the volume is very low.

Why should that happen?

Yup, it is a pump. The real question is how far the pump will take the price of DCR. I heard some rumors if DCR's supply getting reduced. Is it true? If not, it might be good to short it now.

Supply getting reduced is purely gossip, you can short it whenever you want and no one stopping you from doing it.

Decred is down with 37% on Polo, so it will increase a few days later as I see :)

Or the dump will be continue, As far as I know if there is a pump on decred and it totally a fake pump. and just the trick by the whale to get more money. Trust me DCR will down again in the future.