Bitcoin Forum

How many of you remember $dcr #DECRED ?????? :)

Never even heard of it. But I'm looking at its chart and I don't really think that a bright future awaits it...

It claims to solve some of the problems in btc，Few come to mind:
-Treasury to not depend on outside money or donations.
- Governance, coinholders chose how Decred evolves, and how the treasury is spent.

While I am in favor to see Bitcoin goes $200,000 soon, I am familiar with decred like this was one of the popular coins during the 2017 bull run.
While it's known that most of the cryptocurrencies are going to be bullish whenever Bitcoin is bullish, so you probably are expecting or waiting for some people to tell you that it's going to be bullish. If so, I am not that person that you're waiting to say but I'd speak for general market if Bitcoin goes $200k. Btw, I truly like whenever someone says something like this for Bitcoin.  ;D

It is very challenging to  predict the exact timing  of  Bitcoin reaching the $200,000 mark due to its inherent nature of high volatility. However, if all goes well on approval of spot Btoin's approval by SEC, and all applications are accepted including those from influential entities like BlackRock in early 2024, coupled with the historically positive impact on Bitcoin price since its inception in 2009. The cumulative effect of these event can potentially trigger bullish trend in late 2024.

In the light of all these positive factors , there is a possibility that Bitcoin might reaching $200,000 milestone in 2025. DYOR

I have not heard of it atol. Maybe you can throw more light on it.  No matter what the case may be, I don't really think it will worth anything.

If we calculate that $200K price with the current supply of Bitcoin (BTC), then we find the MC of Bitcoin (BTC) to be: $3,915,111,200,000. And that $200K price is almost 5X the current price, so if we were to estimate the pairing to the major altcoins it would probably be 6X - 9X.

From the case study above, we can conclude that if Bitcoin (BTC) reaches a price of $200K, the price of Decred (DCR) will be $88,92 - $133,38.

I do still remember about Decred and here is the answer for the title of this thread:

When you compare a real Iphone with a fake one, the real one will always win. And in this case, Decred was designed to compete with BTC.
BTC definitely will gain more value in the future but Decred probably will only stay as an altcoin for a "mining play".

And when the BTC price hit $200k, DCR price also will rising but how high? perhaps only a few bucks.
The question is, why people need to use Decred while we can use Bitcoin?

it used to be a top coin but seems forgotten already. the current price is $15, checking on its data its more than $100 in the last bull run.

it's a very valid question as to why is there the need to Decred when there is BTC readily for everyone. so why did its price rise so high up to $100 when there is no use case.?  i think because the coin is DPOS and anyone who stake will also make profits.

DECERD is a community driven coin, proposed in 2013 but main net was launched in 2016.  it was known as truly decentralized alternative to Bitcoin, and it became popular in 2017. It is based on early fork of Bitcoin block chain, currently its price is around $15  but it made  all time high (ATH)  above $200 in during the bull run of 2021. The core purpose of this coin was to resolve scalability issues of Bitcoin. The current price of Decered seems attractive for investment to make handsome profit in the next bull run.

https://cryptowallet.com/academy/decred-use-case/#:~:text=the%20block%20reward.-,Decred%20Use%20Case%3A%20Digital%20Currency,instant%20settling%20of%20certain%20transactions.

Decred was one of the most promising project then, but the team has failed to adapt to the market conditions, just look at Ordinals on Bitcoin, it has helped BTC community to gain its mojo back. It will likely pump ones in a while, but I don't see it being a Top project again. People go after the next big thing and Decred can't offer that now

I haven’t heard anything about this Colin before, and I will recommend you very careful I’m investing in most of this shit coins, I don’t know if you are holding the coin already, or you are just planning to purchase the coin that’s why you are asking about the price which people think the price might go if bitcoin hit $200,00. The money which you will be investing in the coin, it’s just better you take it and invest it in bitcoin, that’s the only investment which am confident of, the coin which you just mentioned might have even crashed even before bitcoin hit the price which you said, shot coin can crash at any moment.

That name brings up memories but I don't think a nice bitcoin run will do anything for decred.   Haven't followed it in awhile but I think that's another coin that will end up in the graveyard.  Bitcoin runs only affect alt pumps for coins that have an active community and volume on exchanges.

I remember that coin and if anything I am surprised that it is still around as it is an old coin, however taking into account that during the 2017 and 2021 bull run it did well and it reached a very high price, if its fundamentals are fine and the developers do not turn into scammers then I could see this coin reaching a new ATH, so a small investment on that coin is not a bad idea, just make sure to keep it that way and avoid getting excited and invest more than that, since there is no way to know if a new ATH will be reached for certain.

This is myfirst time to see that someone was asking about decred which is a shit scam coin right now. Are you decred holders? The price does nothing even when bitcoin has been recovering again. I remind you that if this is the problem owned by the old coin with lack of innovations compared to the new coins. Decred will worth nothing for sure in the future. The price potentially to remain stagnant without any impressive movement like another token in the market. The era of decred has gone and you shall stick to the new tokens instead of still holding this garbage token.
There's no future for decred and try to take a look at its daily volume. It was still trading on binance and it has less than 10 millions USD. It means people have been starting to leave it .

Decred potentially to be delisted from binance exchange site too. You shall be careful if you are still holding this token. I will not expect anothe recovery to this token. It's been dead since a few years ago. I have no reason to call this as a good token anymore.
Decred is finished.

It still takes a long time, because it has never touched the price of 100k dollars. 2024 halving may only be able to touch 100k dollars.
And if the price stabilizes around 100k dollars, the next halving in 2028 can touch 200k dollars.
but if I think bitcoin price will never touch the price of 200k dollars

anything pumps in a bullrun even a coin/tokens that has no purpose.

In the last bull run, it went beyond $200, now it is trading at $14 which is a sharp downfall. If Bitcoin goes up to $200,000 then it will pump like it did in 2021 and most probably it can break its own ATH. Altcoins in general follow the path of Bitcoin, you can expect a good pump with this coin as other altcoins will be doing. Developers are working on it as a new version was released in October this year which is a good sign.

Well that's a blast from the past. I am not the only one who forgot this existed and there's a good reason for that. Decred is outdated and boring, it's like a computer that's running with steam still pretending to be relevant.  I personally don't understand why this dinosaur exists and i don't get the community or excitement. It has

It has a small marketcap so it has growth potential, and what i see is it does react to bullruns and might break $1k if BTC breaks $200K. But i can't see it being exciting enough to break trough top top 10 or anything like that. It's just a generic boring altcoin that makes money like lots of altcoins just because thet make money during an altcoin season.

this is my first time hearing about decred but upon researching even though it tried to basically replicate bitcoin fork i see that the two does not have any correlation with each one of their prices of course the rise of bitcoin in price affects all altcoins but the decrease and increase of bitcoin does not necessarily affect the price of decred and the increase and decrease of decred’s price of course does not affect bitcoin’s price

Also my first hearing about Decred, seems like it made wave like most of these other Altcoins as it may have been compared to Bitcoin at that time. So bad how it has become very outdated and of no use to everyone, this kind of projects lacks the potential and often pump with the influence of trend.
If Bitcoin should get to $200k probably it may pump but how far can it last even after the pump whereas it has no potential for better continuity in the market.

\Claiming that you solve Bitcoin's problems first requires that you have an amount of demand close to Bitcoin for people to think about using the currency as an alternative. For example, there is a problem that fees are high in Bitcoin, but if I told you that there is an unknown altcoin and its transaction fees are $0.00000001, is this a sufficient reason to use it? Absolutely not. Transfer fees in LTC, XRP, and ETH are cheaper than Bitcoin. However, the majority do not buy them.

Certainly, It was perceived as very promising project when launched in 2013, as it was tied to Bitcoin Block chain, but unfortunately the team failed to meet market expectation and it lost all its initial allure with its price dropping from $200 to just $15. With the release of its new version, observers are keen to  see how it will fare in the market once again.

Many are in favour of of course because many of us has a BTC on our bags and we all know what it means when BTC reaches that high. That's it, we can also earn massive. We aren't only sure for now if $200k is truly possible. We haven't even reached $100k yet. About that Decred, like others, I also haven't heard of it before, even though I was also already active in the year of 2017 and I was also joining lots of airdrops that time. But IDK, maybe I've also stumbled upon it but I just forgot it eventually.

The OP already expects that Decred will be bullish, so there is no need for us to tell him about it. But what his only motive here, is to ask us if what we think the price of Decred will be, if ever BTC reaches $200k.

I love this thread, just because it has made me get familiar with something new. I'm hearing Decred for the first time in my crypto journey. I've gone through the thread and observed Decred was made to compare with Bitcoin but since it has no use case like someone has said, I don't see reason for Decred when Bitcoin can solve our problem. When BTC reaches $200k, I think Decred will also pump up a bit with due to the effect of the BTC pump..

Nowadays it is very easy for good or bad projects to easily pump because there are lots of influencers who are ready to take the Money and promote any crypto projects they like. The market is turning to different thing that is why it is very easy for most meme projects to keep having increase in momentum and liquidity. We should always work on what will give us the profits not staying in the market for so long with the mindset that we want to make profits and finally not making anything. Profits should be our first goal but we don't have to be roo desperate.

Exactly. Nobody cares about old coins these days. Investors are looking for innovative projects, especially when if they can make them a lot of money in return. The only exception is Bitcoin because it's the one cryptocurrency that started it all. If a coin isn't a "meme" or doesn't have smart contract features, don't expect it to "pump" anytime soon. Decred (DCR) has been having a hard time reaching a new ATH, so it's likely prices will remain the same even after BTC hits $200k. This coin is slowly dying as competitors take the stage as the next big thing in crypto.

Instead of DCR, why not choose LTC instead? It's as close to Bitcoin as it gets. The crypto market is extremely-unpredictable, so I'd suggest the OP to proceed with caution just to avoid losing it all in an instant. ;D

Due to success of bitcoin most of the people wants to full their bags with it because they know the fact that bitcoin will reach to the top price that we never see in past. The price of 200k$ is very far and I don't think that It will happen in near future but may be after another fours year it attain such value but in coming halving I don't think that it will happen.

First we will wait for 100k$ as everyone's main target is 100k$ and I assume that everyone will focus to sell their bitcoin at 100k$ so if number of selling increases then perhaps the demand reduce and price goes into dip.

It is impossible to say with certainty what the future holds for the price of Bitcoin. I've never seen a bitcoin worth $100k where $200k is a long way off. I've seen that whenever a coin is new or old, bitcoin is compared to coins that people don't know much about. Why is this done! As far as I know Decred is a cryptocurrency that aims to solve issues related to governance and funding for development and it has similarities to Bitcoin as its code was originally derived from Bitcoin. If Bitcoin goes to $200k, I would never imagine Decred.