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Author Topic: [ANN][DCR] Decred - Community Governance | Bitcoin Devs | Lightning Network  (Read 1201066 times)
jelin1984
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October 19, 2016, 12:39:30 PM
 #6261

the big problem for these coin
is that
is out some miner that can mining eth and dcr
so dcr is second coin

and will be like other second coin shits

NAMECOIN

IF DEV DOES NOT CHANGE THE CODE FOR NOT DOUBLE MINING THE DCR

THE COIN IS DEATH

GOING TO ZEROOOOOO
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According to NIST and ECRYPT II, the cryptographic algorithms used in Bitcoin are expected to be strong until at least 2030. (After that, it will not be too difficult to transition to different algorithms.)
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clovis A.
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October 19, 2016, 01:51:27 PM
 #6262


... Can anyone explain how I ended up on testnet? Maybe there's an option to toggle from test to livenet.  
...


go to "add wallet" , "create new wallet" , "show advanced options" and uncheck "testnet"

Thanks EmilioMann! I figured I was just overlooking this option. All squared away now!

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SparkyU
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October 19, 2016, 04:04:03 PM
 #6263

GOING TO ZEROOOOOO

Your posts in this thread make you sound like an emotional bag holder that was looking for a quick few bucks.  Either sell your coins, take a loss, and move on or have some patience and play the long game like most investors are.  Either way quit whining.
szfinx
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October 19, 2016, 04:32:17 PM
 #6264

GOING TO ZEROOOOOO

Your posts in this thread make you sound like an emotional bag holder that was looking for a quick few bucks.  Either sell your coins, take a loss, and move on or have some patience and play the long game like most investors are.  Either way quit whining.

He is emotional but right. As it is a second coin to ETH to mine, the demand can not keep up with the supply we can see it in the price. Dual miners are just dumping it.
Decred should be mined by people who deliberately want to participate in PoW for profit, not just dump it as a byproduct of a primary coin.

I am not sure if it can be changed, but it would be advisable.

SparkyU
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October 19, 2016, 05:55:32 PM
 #6265

He is emotional but right. As it is a second coin to ETH to mine, the demand can not keep up with the supply we can see it in the price. Dual miners are just dumping it.
Decred should be mined by people who deliberately want to participate in PoW for profit, not just dump it as a byproduct of a primary coin.

I am not sure if it can be changed, but it would be advisable.

I don't really see the issue.  Those people mining are still spending their money for electricity and putting wear and tear on their hardware to mine DCR, it's not just falling from the sky into their laps for free.  Now they have worked to acquire DCR and from that point they can decide to keep it if they believe in it or sell it off like any other crypto.  The market decides what something is worth and apparently people don't care that much about DCR and are selling it.  It is what it is.
stereotype
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October 19, 2016, 06:09:06 PM
 #6266

 It is what it is.

Should be a coin itself...   iiwiicoin





As you were.
szfinx
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October 19, 2016, 06:12:56 PM
 #6267

He is emotional but right. As it is a second coin to ETH to mine, the demand can not keep up with the supply we can see it in the price. Dual miners are just dumping it.
Decred should be mined by people who deliberately want to participate in PoW for profit, not just dump it as a byproduct of a primary coin.

I am not sure if it can be changed, but it would be advisable.

I don't really see the issue.  Those people mining are still spending their money for electricity and putting wear and tear on their hardware to mine DCR, it's not just falling from the sky into their laps for free.  Now they have worked to acquire DCR and from that point they can decide to keep it if they believe in it or sell it off like any other crypto.  The market decides what something is worth and apparently people don't care that much about DCR and are selling it.  It is what it is.

You are right if a person use electricity and invest in a mining rig to mine DCR, the person should be rewarded. The problem is with Claymore miner, people do get the DCR for free when dual mining with ETH. If most of the mined DCR come almost free as a byproduct of mining ETH, the coin worth almost zero. That's what might happening now, the lots of almost free DCRs pushing the price down to all time low.

MarSas
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October 19, 2016, 08:21:17 PM
 #6268

But DCR is not the only merge mined coin with ETH/ETC. SC and LBC are in the mix as well. They suffer the same fate?
GreekBitcoin
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October 19, 2016, 09:06:53 PM
 #6269

people do get the DCR for free when dual mining with ETH

As far as i understand, they consume more electricity when they do this. So its not for free.
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October 19, 2016, 09:16:08 PM
 #6270

people do get the DCR for free when dual mining with ETH

As far as i understand, they consume more electricity when they do this. So its not for free.

Isn't dogecoin merge mined with litecoin? Doge's still near the top at 13th place marketcap, the merge mining hasn't destroyed it. Other coins have come and gone, but doge's still close to the top ten, and if doge can stay at the top despite merge mining then so can decred.

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Jumanji7
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October 19, 2016, 10:06:34 PM
 #6271

Why did the price tank?  Angry
Epsylon3
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October 19, 2016, 11:51:18 PM
 #6272

Isn't dogecoin merge mined with litecoin? Doge's still near the top at 13th place marketcap, the merge mining hasn't destroyed it. Other coins have come and gone, but doge's still close to the top ten, and if doge can stay at the top despite merge mining then so can decred.

Its not the same thing at all.. ETH depends at 90% on the memory controller speed, and doesnt require so much gpu, its special.

Scrypt merged mining is different, its made on pool side.. you just mine one algo

BTC: 1FhDPLPpw18X4srecguG3MxJYe4a1JsZnd - My Projects: ccminer - cpuminer-multi - yiimp - Forum threads : ccminer - cpuminer-multi - yiimp
myagui
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October 19, 2016, 11:51:55 PM
 #6273

Why did the price tank?  Angry

The people selling are in more of a hurry than the people buying, apparently.

IncludeBeer
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October 20, 2016, 12:04:34 AM
 #6274

He is emotional but right. As it is a second coin to ETH to mine, the demand can not keep up with the supply we can see it in the price. Dual miners are just dumping it.
Decred should be mined by people who deliberately want to participate in PoW for profit, not just dump it as a byproduct of a primary coin.

I am not sure if it can be changed, but it would be advisable.

I don't really see the issue.  Those people mining are still spending their money for electricity and putting wear and tear on their hardware to mine DCR, it's not just falling from the sky into their laps for free.  Now they have worked to acquire DCR and from that point they can decide to keep it if they believe in it or sell it off like any other crypto.  The market decides what something is worth and apparently people don't care that much about DCR and are selling it.  It is what it is.

You are right if a person use electricity and invest in a mining rig to mine DCR, the person should be rewarded. The problem is with Claymore miner, people do get the DCR for free when dual mining with ETH. If most of the mined DCR come almost free as a byproduct of mining ETH, the coin worth almost zero. That's what might happening now, the lots of almost free DCRs pushing the price down to all time low.

I've said it a few times now:  Claymore miner DOES NOT give free DCR to miners.  Dual mining costs substantially more electricity than just mining ETH.  I stopped dual mining specifically because it wasn't worth it.  Those who keep just spouting crap they hear need to do some research, because price devaluation isn't coming (at least not solely) because dual-miners are dumping DCR.  Besides, as it was already pointed out, Claymore has added other secondary algorithms to mine with ETH, and none of them are seeing rapid price devaluation because of it.

jelin1984 is absolutely not correct in his emotional blather.  Just a bag holder getting scared and spreading fud like a noob.

Grow the Dividend Snek! (pm me if you have questions)
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Alexoz
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October 20, 2016, 03:03:44 AM
 #6275

the big problem for these coin
is that
is out some miner that can mining eth and dcr
so dcr is second coin

and will be like other second coin shits

NAMECOIN

IF DEV DOES NOT CHANGE THE CODE FOR NOT DOUBLE MINING THE DCR

THE COIN IS DEATH

GOING TO ZEROOOOOO

Get a job!

bspus
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October 20, 2016, 03:42:46 AM
 #6276


I've said it a few times now:  Claymore miner DOES NOT give free DCR to miners.  Dual mining costs substantially more electricity than just mining ETH.  I stopped dual mining specifically because it wasn't worth it.  Those who keep just spouting crap they hear need to do some research, because price devaluation isn't coming (at least not solely) because dual-miners are dumping DCR.  Besides, as it was already pointed out, Claymore has added other secondary algorithms to mine with ETH, and none of them are seeing rapid price devaluation because of it.


LBRY was mentioned and has been going nothing but down. Might be a coincidence but I didn't even know it could be dual mined and wandered how a gpu-only coin was still getting so much hash at such prices. Now it's not so puzzling any more

Jack Liver
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October 20, 2016, 12:55:34 PM
 #6277

LBRY has 400 milions of premine  Wink

http://coinmarketcap.com/currencies/library-credit/
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October 20, 2016, 06:35:48 PM
 #6278

How recreate my wallet from the seed ?
clovis A.
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October 20, 2016, 08:35:15 PM
Last edit: October 21, 2016, 12:04:52 AM by clovis A.
 #6279


... Can anyone explain how I ended up on testnet? Maybe there's an option to toggle from test to livenet.  
...


go to "add wallet" , "create new wallet" , "show advanced options" and uncheck "testnet"

Thanks EmilioMann! I figured I was just overlooking this option. All squared away now!

Anyone know how many nodes are active, ensuring that the web wallet stays online 24/7/365?

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IncludeBeer
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October 21, 2016, 02:00:49 AM
 #6280


I've said it a few times now:  Claymore miner DOES NOT give free DCR to miners.  Dual mining costs substantially more electricity than just mining ETH.  I stopped dual mining specifically because it wasn't worth it.  Those who keep just spouting crap they hear need to do some research, because price devaluation isn't coming (at least not solely) because dual-miners are dumping DCR.  Besides, as it was already pointed out, Claymore has added other secondary algorithms to mine with ETH, and none of them are seeing rapid price devaluation because of it.


LBRY was mentioned and has been going nothing but down. Might be a coincidence but I didn't even know it could be dual mined and wandered how a gpu-only coin was still getting so much hash at such prices. Now it's not so puzzling any more

Ya, I think that's more due to the massive premine the coin had.  Another secondary algo, Sia, is doing pretty well...rock steady pricing anyway...

The only point I wanted to make was that I don't believe dual mining is responsible for the DCR price decline.  Too many have the notion that Claymore's miner gives "free" dcr, but that is by no means the case.  At least for my electricity prices, dual-mining DCR became unprofitable when it dropped below ~1.60.  So I would seriously doubt that dual-miners are just dumping the DCR they make, even if they are still dual-mining dcr.

Grow the Dividend Snek! (pm me if you have questions)
https://powh.io/?masternode=0x1f9b145fdaef2b82aef29c2f3c9b875a8b017512
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