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Author Topic: Time to short DCR  (Read 73 times)
valerie_zurich (OP)
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April 25, 2018, 01:29:43 PM
 #1

DCR experienced enormous gains yesterday due to a Korean famous person talking about it and prompting the thousands of crypto-averse followers he has to buy the coin on poloniex.

Proof: https://www.facebook.com/Mr.firelookingfor/ - https://archive.fo/zWzoa

This was an effective attempt to pump the price. Now with the after effects of this pump still in play DCR is still in the green through a day that all altcoins are down. Do you think this price level can be sustained?
https://cryptocoincharts.info/coins/show/dcr

bobo012
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April 25, 2018, 07:43:51 PM
 #2

Decred is pretty decent altcoin. They have a solid roadmap and good technology.
I usually dont like altcoins, but decred is one of those that i like. Good team also. It may be pumped at the moment but i think over long term it is going up
alani123
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April 25, 2018, 09:27:44 PM
 #3

Decred might be innovative but today it was pumped by many innexperienced crypto users being lead into buying it. It's quite a weird sentiment, the one in Korea. I like how that guy even lead those people to buy in a non-Korean exchange. Many must have lost money there in an instant, yet he told them that it's a good investment for the following 2 or 3 years. We'll see about that...

Decred is pretty decent altcoin. They have a solid roadmap and good technology.
I usually dont like altcoins, but decred is one of those that i like. Good team also. It may be pumped at the moment but i think over long term it is going up

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April 25, 2018, 09:49:22 PM
 #4

Looking at the graph it's not a huge increase, not dissimilar to what a lot of coins experienced in growth yesterday. If it was closer to a 100% increase then that would've presented a great opportunity to short.

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SistaFista
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April 25, 2018, 09:51:51 PM
 #5

Yes, but it is CRAP; it is always being shilled and it has nothing new to offer, maybe the only thing that it has, is that payments are super fast and they had a kind of agreement with another project, but no, it is useless.

Decred might be innovative but today it was pumped by many innexperienced crypto users being lead into buying it. It's quite a weird sentiment, the one in Korea. I like how that guy even lead those people to buy in a non-Korean exchange. Many must have lost money there in an instant, yet he told them that it's a good investment for the following 2 or 3 years. We'll see about that...

Decred is pretty decent altcoin. They have a solid roadmap and good technology.
I usually dont like altcoins, but decred is one of those that i like. Good team also. It may be pumped at the moment but i think over long term it is going up

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Wind_FURY
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April 26, 2018, 05:56:17 AM
 #6

Time to short? No. It is time to keep buying that dip and hold before Decred arrives to a "minimum 4 digit valuation" in 2 or 3 years.

I also believe that some form of governance on the blockchain is the future, and Bitcoin Core might learn some things from Decred's accomplishments.

Plus don't waste your time listening to Sistafista. He clearly does not know anything about the project.

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