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

[proletariat]

The biggest mistake DECRED made was the high inflation. Everything else about it, made it a coin that was similar too but superior to BTC.

If this coin is worth more than $0.25 each in a years time that would be a huge achievement by the devs with these settings.  

Decred team is fenomenal,dozen of people working for free. They deliver every day new stuff on code.
Decred could reach 0.1 within 2 months for sure.

Lol. Decred has 180% inflation in the first year. Do you know what that means? To sustain even the $2.5 million valuation they have now, they need $12 500 in net new demand every single day, they barely do that in volume. Decred might get a pump after it's added to Poloniex but then it will become worthless for circa 2 years.

It's not quite 2 months but you can see from the price action, DCR isn't being dumped but is constantly declining due to huge inflation despite decent volume and support.

It's a great coin and a great team but apart from news sikes, example Poloniex, it will be constantly declining for the foreseeable future.

this gets thrown around in almost every coin thread.. inflation/daily demand is a weak argument, mining also accounts as demand, it is investment after all, not every mined coin is being auto-dumped.... some miners are also market makers.

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[malekbaba]

After all miners can keep or sell their coins, dump them. It is not only the factor to control the price.

[arielbit]

as long as miners see profit to dump, dumping will continue ... when decred shoots up dumpers will kick themselves or when decred goes down they will be glad dumping earlier.

anyway, always remember..we speculate and we always have a choice..do your research/homework 

[proletariat]

The biggest mistake DECRED made was the high inflation. Everything else about it, made it a coin that was similar too but superior to BTC.

If this coin is worth more than $0.25 each in a years time that would be a huge achievement by the devs with these settings.  

Decred team is fenomenal,dozen of people working for free. They deliver every day new stuff on code.
Decred could reach 0.1 within 2 months for sure.

Lol. Decred has 180% inflation in the first year. Do you know what that means? To sustain even the $2.5 million valuation they have now, they need $12 500 in net new demand every single day, they barely do that in volume. Decred might get a pump after it's added to Poloniex but then it will become worthless for circa 2 years.

It's not quite 2 months but you can see from the price action, DCR isn't being dumped but is constantly declining due to huge inflation despite decent volume and support.

It's a great coin and a great team but apart from news sikes, example Poloniex, it will be constantly declining for the foreseeable future.

this gets thrown around in almost every coin thread.. inflation/daily demand is a weak argument, mining also accounts as demand, it is investment after all, not every mined coin is being auto-dumped.... some miners are also market makers.

And? People also buy the coin. It has to be distributed somehow, and unless you have a better idea, this is what we've got. If a coin is to succeed, it is to succeed on its merits - that's not to say luck and shit doesn't influence it, but it's probably not the deciding factor. If a coin fails, you can't just point the finger at "those damned miners dumping!" That simply shifts the focus away from the fact people didn't want to BUY your coin because YOU did not create demand and interest.

eh.. chill wolf.... all I'm saying is that people will always complain about the same stuff, miner dumps, etc and that these miners are an integral part of the economy. It was a reply mostly to the guy he was quoting... not hating on miners or anything... go ahead and read it again if you want.

[jeremy grol]

Inflation and no marketing/Promotion is killing decred.
Simple.

Maybe this coin will be pumped sometimes, but price will not encrease as stated.
Team is not working properly.

Just wait zcash within a couple of months,and decred is going to die.
Team need to recover price immediatelly,coming out with innovative news, not a GUI wallet.
A GUI wallet is not a news!

[Abou Talha]

Don't worry, there is more than GUI to be released. This is just a shakeout to ban the weak hands. Remember Ethereum in october and after.

[mmx888]

Focus on the future！
DCR is good!

[souljah1h]

Inflation and no marketing/Promotion is killing decred.
Simple.

Maybe this coin will be pumped sometimes, but price will not encrease as stated.
Team is not working properly.

Just wait zcash within a couple of months,and decred is going to die.
Team need to recover price immediatelly,coming out with innovative news, not a GUI wallet.
A GUI wallet is not a news!

Posts and people like you are killing Decred.

[_ingsoc]

Inflation and no marketing/Promotion is killing decred.
Simple.

Maybe this coin will be pumped sometimes, but price will not encrease as stated.
Team is not working properly.

Just wait zcash within a couple of months,and decred is going to die.
Team need to recover price immediatelly,coming out with innovative news, not a GUI wallet.
A GUI wallet is not a news!

The strategy is very simple. Let's look at the strengths and the weaknesses that have emerged. I know this is anecdotal, and mostly based on observation, but the Decred software right now is only really accessible through a command-line interface (CLI) and that makes expansion in terms of users hard. The modular design gives it a lot of flexibility, but that also means it's not a simple CLI - you've got dcrd, dcrwallet, and dcrctl. If you don't know your way around the command-line, it is going to be a battle. Nobody denies that, and you certainly won't hear the devs tell you it's your problem. You're essentially opening up an engine and working with it directly and you don't get to experience it yet. So there is a reason the UX overhaul with Paymetheus is RFP-1.

There's a reason folks like Dyrk have created excellent interfaces to showcase the Decred network as a visualisation - hell, he did that before he was awarded RFP-3, so we'll have two real-time statistical overviews of the network. That goes hand-in-hand with the work done by Shadowlance, David, and zkott - they are making documentation accessible to users that do want to open up the engine and see what's going on and how to interact with it. That is what everyone is doing. We're all working on the different kinks in the machinery. But it's still machinery.

The worst thing Decred could do right now is bring a ton of hype to something few people can use. The original exposure brought smart people who have been tinkering all this time and continue to do so. These are the ones that see the bigger picture and aren't just here to make a quick buck. It's the reason the c0/dev bring-up DCR was locked away from trade for 12-24 months. I don't know if you've seen this, but recently a tweet went out that reads: "A little over two months in. 242 pull requests of code merged and 113 issues fixed across 30 open-source #Decred repositories since launch!". That's a lot of development in a short amount of time.

You would be silly to think things will always be quiet, but there is no point in making a lot of noise if the engine is still being tuned. A bunch of stake pool operators will be coming online as well - many of them have graduated from the first milestone on testnet. Truly talented and patient people who really deserve medals. That means Decred takes another small step toward accessibility. People can then start spreading their votes across multiple stake pools in multiple geolocations. When all of the stake pools go online, there will be enough infrastructure to attract plenty of voters. Imagine the implications of that. One step closer to decentralised voting so we can smooth fork our chain and make decisions as users with technology. We get to tap into the power of collective decision-making. Without even knowing each other (and associated biases), we get to decide on important issues together and successfully reach an outcome. That's something you can make noise about that even outsiders who don't understand the first thing about cryptocurrency would understand - and understand the potential of that.

For now, we're building and tuning an engine. It's not for the faint of heart, but we continue to build so that one day they will see there was nothing to be scared of to begin with. The journey is full of bumps, but that's part of the fun when you know where you want to go.

[Maicol792]

  Yes @_ingsoc .... I fully share your point of view ... it is like saying you prefer the egg today or a chicken tomorrow ? I prefer the chicken tomorrow 

[malekbaba]

slow but sustained progress will bring us fortune.

[DEDmatvey]

Hey guys! I with my friends made simple calculator for Decred
http://calc.wolfchange.com/
Is it work good?

[cryptofanus79]

decred.... what's going on??

[EmilioMann]

Inflation and no marketing/Promotion is killing decred.
Simple.

Maybe this coin will be pumped sometimes, but price will not encrease as stated.
Team is not working properly.

Just wait zcash within a couple of months,and decred is going to die.
Team need to recover price immediatelly,coming out with innovative news, not a GUI wallet.
A GUI wallet is not a news!

I think you are new on crypto market, right?
All scamshitcoins launched in 2014 spoke about zerocash, zerocoin and blah blah anon, none managed to implement it, you know why?
Because the creator has abandoned this project when he discovered that can never be implemented.
The dev to create a currency with this feature, can create as many units he want without anyone knowing .
You have to trust that he threw the keys out.
You trust?

[EmilioMann]

The gateway that is being developed by a friend to make easier for physical and online stores accept DECRED as payment is ready and testing.
Several brazilian online stores are participating in the final tests, including a specialized in accessories for the hemp market on surface web.
In the coming days will be officially launched this gateway to any world shop can accepted DECRED easily and with the calculations of the price in DCR ​​in real time.

[Praxis]

decred.... what's going on??

You mean because the price is falling? Have you ever seen a stock that only rises but never falls?
New DCR are being produced through PoS and PoW and nothing new is happening yet, so of course the price will slowly decrease.
Once the GUI wallet is finalized and the coin is listed on more exchanges (like Poloniex) the price will go up by a lot (IMO). Now is the best time to buy.

[jeremy grol]

decred.... what's going on??

You mean because the price is falling? Have you ever seen a stock that only rises but never falls?
New DCR are being produced through PoS and PoW and nothing new is happening yet, so of course the price will slowly decrease.
Once the GUI wallet is finalized and the coin is listed on more exchanges (like Poloniex) the price will go up by a lot (IMO). Now is the best time to buy.

Blablablabla
GUI wallet is something new in crypto world? Something that makes you screamin WOOWW! I know many people waiting for GUI wallet only to dump easly their airdrop. So maybe, a GUI wallet will maked dcr decrease and dead even more.

Poloniex? Eth was listed on poloniex after 2 days from launch.
Decred after 2 months not. So, maybe they are not interested. The rest is only hype.

Don't get me wrong. i have decred,but at launch i saw team much more enrolled with the coin.
twitter advocate,promotions,crypto article,facebook advertising.
Now they seems doing nothing....just fixing stuff on code.

So, why they begin making all that hype and now they say "we don't invest in marketing?"

Explain please...



Your coin mister decread team have much selle pressure then buy pressure.
So,you have to take care of your coin and price.
you just cannot say: we're working on code, we don't give a shit about price.

Your product have a value that is slowly decreas,you have the right to take care of it and recover quick.
It's also in your interest.....

Don't forget that lisk,slock,zcash and other project are coming. So,you need to be competitive to not lose interest.

Also remember ingsoc on forum talking about a giant massive promotions before launch,asking all user to be involved in.
What is happened then? Why there is no more promotion?


What we have to wait here?
That price goes to 0.003,then 0.0029,then 0.0028,then 0.0025 and listen here same bullshit regarding "buy now","when we hit poloniex",bla bla bla.


About shops....which shops will adopt a coin with a chain even slowest then BTC?
ETH(since you like always to mention it) got 30 seconds confirmation,perfect for shops transaction.
Dcr is way much slow.....

Think also about those before just make hype about mass adoption.

[arielbit]

decred.... what's going on??

You mean because the price is falling? Have you ever seen a stock that only rises but never falls?
New DCR are being produced through PoS and PoW and nothing new is happening yet, so of course the price will slowly decrease.
Once the GUI wallet is finalized and the coin is listed on more exchanges (like Poloniex) the price will go up by a lot (IMO). Now is the best time to buy.

Blablablabla
GUI wallet is something new in crypto world? Something that makes you screamin WOOWW! I know many people waiting for GUI wallet only to dump easly their airdrop. So maybe, a GUI wallet will maked dcr decrease and dead even more.

Poloniex? Eth was listed on poloniex after 2 days from launch.
Decred after 2 months not. So, maybe they are not interested. The rest is only hype.

Don't get me wrong. i have decred,but at launch i saw team much more enrolled with the coin.
twitter advocate,promotions,crypto article,facebook advertising.
Now they seems doing nothing....just fixing stuff on code.

So, why they begin making all that hype and now they say "we don't invest in marketing?"

Explain please...



Your coin mister decread team have much selle pressure then buy pressure.
So,you have to take care of your coin and price.
you just cannot say: we're working on code, we don't give a shit about price.

Your product have a value that is slowly decreas,you have the right to take care of it and recover quick.
It's also in your interest.....

Don't forget that lisk,slock,zcash and other project are coming. So,you need to be competitive to not lose interest.

The worst thing Decred could do right now is bring a ton of hype to something few people can use.

ETH price increased when people felt they will have use because DAPPS are being developed etc.

in my opinion it is better to speculate in what is the lowest entry price you can get..

until decred delivers something new or innovative or something we think will have a use, that will be the time where we can see a real price increase..

the higher the risk, the higher the return. until then just educate ourselves, do research, develop our instinct so we can lower the risk using our brains. good luck there    

[Praxis]

Now they seems doing nothing....just fixing stuff on code.

Oh God. Are you really saying that "just fixing code" is the same as "doing nothing" and that their time would be better spent "investing in marketing"?

[Amph]

the clymore dual mining is basically killing it, prepare for sub 300k satoshi