[ANN][DCR] Decred - Community Governance | Bitcoin Devs | Lightning Network

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Perfect coin

[Wind_FURY]

price is going down, and down, down and.....

But ticket prices go up and up.

Is there a site that shows how much Decreds are locked in staking pool in total? Because a correlation might be forming here. If Decred's price is low, then more holders = higher ticket prices. If Decred's price is high, more sellers totake profit = lower ticket prices?

from:
https://dcrstats.com/

Current PoS pool value is 4 556 994 DCR,
 it's 48.69 % of total available supply.

I would expect the price to be rallying if that much supply was held, and away from the market, but it's not. It's disapponting, but a good sign at the same time since all Decreds sold will go to stronger hands, preparing it for the next bull market.

[bitcircle]

It's normal process on in active market actually altcoins following the trend of BTC if this will get bullish sentiments than surely other will start moving into same direction. I like this coin so much and that is the reason this is on my portfolio as long term investment.

[Wind_FURY]

It's normal process on in active market actually altcoins following the trend of BTC if this will get bullish sentiments than surely other will start moving into same direction. I like this coin so much and that is the reason this is on my portfolio as long term investment.

But not that closely followed by Decred. Sometimes I see Decred's price go up while most of the altcoins follow Bitcoin go down.

I believe it's Decred's ticket buying market, it's making it have a different kind of dynamic relative to the whole cryptocurrency market.

[voteformeg]

price is going down, and down, down and.....

then to the moon to 0.02btc/dcr

don't see that happen soon but for sure decred will be there when crypto get;'s bullis again

[Praxis]

Ticket prices are spiking!

Soo much DCR locked up...

Some institutional money has set up staking pools.
Rising ticket price is not an ideal situation for small stakeholders (although they have the option of ticket splitting), but it could be good for the price (in the medium term).
With patience, I think we might see price growth reflect the ticket price growth.

[Wind_FURY]

Ticket prices are spiking!

Soo much DCR locked up...

Some institutional money has set up staking pools.
Rising ticket price is not an ideal situation for small stakeholders (although they have the option of ticket splitting), but it could be good for the price (in the medium term).
With patience, I think we might see price growth reflect the ticket price growth.

I believe the opposite. Because some investors might start planning to sell their Decreds instead of joining the voting pools to catch profits from a large surge in price, which could be worth more denominated in Bitcoin than the staking rewards.

[IncludeBeer]

Ticket prices are spiking!

Soo much DCR locked up...

Some institutional money has set up staking pools.
Rising ticket price is not an ideal situation for small stakeholders (although they have the option of ticket splitting), but it could be good for the price (in the medium term).
With patience, I think we might see price growth reflect the ticket price growth.

I believe the opposite. Because some investors might start planning to sell their Decreds instead of joining the voting pools to catch profits from a large surge in price, which could be worth more denominated in Bitcoin than the staking rewards.

Eh, I think the reality is closer to something like: "ticket price cannot continue in upwards trend without changes in DCR market price, because some will stop buying tickets if ticket ROI becomes too low." (we're already <1% ROI/ticket).

[Wind_FURY]

If Decred goes down, lower price mean more Decreds can be bought, more Decreds bought mean more tickets can be purchased. Higher price would mean less Decreds can be bought, it's also time to take profit from the investment, and it would also mean declining purchase of tickets.

Tell me what's wrong in that logic.

[Xandan]

That is only meaning of decline in price to buy more and I fully agree on this. I also saw decentralized exchange proposal if this gets approved will be amazing thing. I have returned recently with buying little coins as timing has started to be favorable for cryptocurrencies. It is accumulation time where markets started to give positive signals with nice gains.

[bspus]

Stagnant or slowly falling prices means people have no incentive to keep them in exchange if they are not planning to sell/dump. Therefore, if they are gonna keep them in wallet they might as well stake whatever the ticket price.

When prices are volatile however, people want to be ready to sell at the high point, so fewer tickets are able to stake. I have in fact noticed that prices tend to go down during high price movement.

[Wind_FURY]

Stagnant or slowly falling prices means people have no incentive to keep them in exchange if they are not planning to sell/dump. Therefore, if they are gonna keep them in wallet they might as well stake whatever the ticket price.

When prices are volatile however, people want to be ready to sell at the high point, so fewer tickets are able to stake. I have in fact noticed that prices tend to go down during high price movement.

Then we both agree to the post I made before this?

I then believe that it would be the better move to buy now, and wait for moments of high price movement before buying tickets.

[MrSunshine]

Ticket prices are spiking!

Soo much DCR locked up...

Some institutional money has set up staking pools.
Rising ticket price is not an ideal situation for small stakeholders (although they have the option of ticket splitting), but it could be good for the price (in the medium term).
With patience, I think we might see price growth reflect the ticket price growth.

I believe the opposite. Because some investors might start planning to sell their Decreds instead of joining the voting pools to catch profits from a large surge in price, which could be worth more denominated in Bitcoin than the staking rewards.

Eh, I think the reality is closer to something like: "ticket price cannot continue in upwards trend without changes in DCR market price, because some will stop buying tickets if ticket ROI becomes too low." (we're already <1% ROI/ticket).

But that is 1% on average every 28 days, still not to shabby.

[bspus]

Stagnant or slowly falling prices means people have no incentive to keep them in exchange if they are not planning to sell/dump. Therefore, if they are gonna keep them in wallet they might as well stake whatever the ticket price.

When prices are volatile however, people want to be ready to sell at the high point, so fewer tickets are able to stake. I have in fact noticed that prices tend to go down during high price movement.

Then we both agree to the post I made before this?

I then believe that it would be the better move to buy now, and wait for moments of high price movement before buying tickets.

You say more decred bought because of low (coin) price means more tickets can be purchased but I don't see how. Decred bought by someone is decred sold by someone else. It does not affect their ability to become locked in tickets (after transaction is mature of course).

Also, I have the impression that ticket price fluctuates in order to maintain an ideal amount of coins locked in staking. It's not determined by market forces the way the coin price is. Though it does have the goal of affecting the incentives to buy or not buy tickets.

Anyway, as I said, my observation so far is that volatility affects ticket price much more than coin price does. If ticket pool starts getting low because people want their coins free and ready to use in speculating moves in an exchange wallet, you need a lower ticket price to tempt them to lock them. Effectively, you are driving up the interest rate.
In times of relative stability however, where there is reduced speculation, many people are willing to lock their coins for whatever return, which is better than nothing.

But all this seems to have little to do with the actual coin price level, whatever that is at any given period.

[Wind_FURY]

Then the best move to get a higher ROI in staking would be to buy low now, HODL, and wait for periods of high market volatility before buying tickets, more preferably during a bull market when holders stop staking, and start trading.

[GlobalProtection]

The automatic rebuy function does not stay put after I close the wallet.

When I open the wallet again, the automatic rebuy function is off.

What to do when my ticket expires and I want one automatically purchased?

[Ferdo]

The automatic rebuy function does not stay put after I close the wallet.

When I open the wallet again, the automatic rebuy function is off.

What to do when my ticket expires and I want one automatically purchased?

Auto rebuy works only if you are solo staking i.e. if you are not staking via pools.


Best you can do is to use pools which sent you a email notification once your ticket is processed. But again, you will have to manually buy new tickets

[Grumlin]

The automatic rebuy function does not stay put after I close the wallet.

When I open the wallet again, the automatic rebuy function is off.

What to do when my ticket expires and I want one automatically purchased?

Auto rebuy works only if you are solo staking i.e. if you are not staking via pools.


Best you can do is to use pools which sent you a email notification once your ticket is processed. But again, you will have to manually buy new tickets

Does Decrediton support solo staking?

[GlobalProtection]

Does Decrediton support solo staking?

".....the difference payout-wise is miniscule between using a stakepool and solo staking.

It'd be great if everyone ran their own solo staking node, but you need to be very certain it's online 24/7 and well-connected. It's inherently a specialized task, as even a Dockerized version would require deploying and keeping up with server monitoring and node upgrades.

And once more stakepools go zero fee, there will be even less of a reason to run your own node. IMO more stakepools need to go zero fee and upsell services. I suspect we will see precisely this when dcrstats.com launches their own prediction market token; an additional UI would need to be built out for it. A similar thing would need to happen if we launched Ethereum as an embedded ledger on top of Decred....."

The above wording was taken from this thread where you can find more help: https://www.reddit.com/r/decred/comments/725ilp/is_dcr_solo_mining_is_so_stupid_for_a_beginner/

[Grumlin]

Does Decrediton support solo staking?

".....the difference payout-wise is miniscule between using a stakepool and solo staking.

It'd be great if everyone ran their own solo staking node, but you need to be very certain it's online 24/7 and well-connected. It's inherently a specialized task, as even a Dockerized version would require deploying and keeping up with server monitoring and node upgrades.

And once more stakepools go zero fee, there will be even less of a reason to run your own node. IMO more stakepools need to go zero fee and upsell services. I suspect we will see precisely this when dcrstats.com launches their own prediction market token; an additional UI would need to be built out for it. A similar thing would need to happen if we launched Ethereum as an embedded ledger on top of Decred....."

The above wording was taken from this thread where you can find more help: https://www.reddit.com/r/decred/comments/725ilp/is_dcr_solo_mining_is_so_stupid_for_a_beginner/

I mean for buying via decrediton, not staking exactly

Can i buy tickets via decrediton for solo staking? not for pool staking