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eshriek
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Activity: 109
Merit: 10
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January 09, 2017, 05:51:09 AM |
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Is there only 3.5 millions DCR in circulation right now ?!
The Proof of Stake process actually locks coins for a short period of time, so around 33% of the available supply is actually off market. You can monitor this information here: www.dcrstats.comThis sounds promising except theres no support to deal with another 67% of supply. It can go down with the help of a fart, similar to how u trigger avalanche by an accident belch or a cellphone sound ringtone. Unless most of it belongs to one whale who's been accumulating since the beginning and will start dumping when the price peaks (i.e. when there're no more sellers and only buyers). The whales are staking. Coins locked. You should be staking too  The developers promised not to spend or stake (much? i don't recall the exact details) for one year. That ends on Feb 8. That could make a big splash. No? |
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dbt1033
Legendary
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Activity: 1274
Merit: 1000
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January 09, 2017, 05:54:17 AM |
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Is there only 3.5 millions DCR in circulation right now ?!
The Proof of Stake process actually locks coins for a short period of time, so around 33% of the available supply is actually off market. You can monitor this information here: www.dcrstats.comThis sounds promising except theres no support to deal with another 67% of supply. It can go down with the help of a fart, similar to how u trigger avalanche by an accident belch or a cellphone sound ringtone. Unless most of it belongs to one whale who's been accumulating since the beginning and will start dumping when the price peaks (i.e. when there're no more sellers and only buyers). The whales are staking. Coins locked. You should be staking too The developers promised not to spend or stake (much? i don't recall the exact details) for one year. That ends on Feb 8. That could make a big splash. No? You think the developers are going to dump their stash at bottom? Like they would submit new code to github every day for an entire year and then sell the lowest prices? The majority of funds are actually locked until Feb 2018 (The C0 funds). The developers have much smaller bags than the corporation. Only company0 has throttled staking, the devs are allowed to. I know for a fact they are all staking so their coins are locked up anyway. Nothing to worry about. |
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eshriek
Member
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Activity: 109
Merit: 10
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January 09, 2017, 06:04:58 AM |
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You think the developers are going to dump their stash at bottom?
Well... that's what i did @75ksat  |
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dbt1033
Legendary
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Activity: 1274
Merit: 1000
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January 09, 2017, 06:21:25 AM |
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You think the developers are going to dump their stash at bottom?
Well... that's what i did @75ksat That's unfortunate for you  |
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dbt1033
Legendary
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Activity: 1274
Merit: 1000
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January 09, 2017, 06:55:17 AM |
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New roadmap drops tomorrow. Heard rumors it's mind-blowing.
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Praxis
Legendary
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Activity: 1118
Merit: 1004
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January 09, 2017, 09:21:02 AM |
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Roadmap going to be released today. Really looking forward to it.
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Hyperjacked
Legendary
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Activity: 1610
Merit: 1119
It's all mathematics...!
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January 09, 2017, 09:43:10 AM |
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I've been in Slack for about six months now; I never really go there due to the lack of community participation, but holy geez has the Slacktivity increased exponentially!! To me, this is equally exciting as the bump in price, as every great coin seems to have equally strong participation on this forum and in Slack. It's time for the DCR OG's (myself not included) to make some new channels and really keep this community fire burning!! I couldn't agree more! DBT is doing a great job on slack and I think the "DCR OG's" should make him the community manager! Let's make good things happen   Cheers and goodnight from NY |
@Hyperjacked1 Twitter
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Penttikuisma
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January 09, 2017, 09:48:04 AM |
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Product has been good since start.. Now we also have visibility, good work @dbt1033
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clovis A.
Legendary
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Activity: 1206
Merit: 1000
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January 09, 2017, 10:28:53 AM |
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Product has been good since start.. Now we also have visibility, good work @dbt1033
I agree about @dbt1033 undoubtedly, but you've been a most helpful community member as well, @Penttikuisma, along with @Praxis. You all deserve some praise imo! |
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Cloud storage is about to change
Are you ready?
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weilichesbin
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January 09, 2017, 10:32:22 AM |
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Where Roadmap will be released today?
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Penttikuisma
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January 09, 2017, 10:45:46 AM |
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Product has been good since start.. Now we also have visibility, good work @dbt1033
I agree about @dbt1033 undoubtedly, but you've been a most helpful community member as well, @Penttikuisma, along with @Praxis. You all deserve some praise imo! Thanks, I appreciate it =) And agree with @Praxis |
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Praxis
Legendary
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Activity: 1118
Merit: 1004
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January 09, 2017, 10:52:36 AM |
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Thank you guys, you're too kind.  I love the Decred community. |
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jenifive
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January 09, 2017, 12:52:47 PM |
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Hey guys! Im on board!
What is it more profitable to mine right now? POS or POW?
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Penttikuisma
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January 09, 2017, 04:25:13 PM |
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Hey guys! Im on board!
What is it more profitable to mine right now? POS or POW?
It depends the price you pay for your electricity and your hardware power consumption. But if you are in for long-term mind, you can also mine, even if not profitable in this moment and stash your POW-profit to POS. |
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MarSas
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January 09, 2017, 06:00:05 PM |
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POS trumps POW.
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jwinterm
Legendary
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Activity: 3136
Merit: 1116
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January 09, 2017, 06:42:51 PM |
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POS trumps POW.
That must be why so many of the top coins are PoS, right? Ohyea, none in the top five are, and in the top ten there's not really a pure PoS coin either (I'll give you that dash and steem are PoS variants). |
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Penttikuisma
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January 09, 2017, 07:12:44 PM |
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Roadmap is great! Imho the tech is top-class, that crypto has to offer
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LiskQH
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January 09, 2017, 07:43:16 PM |
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Roadmap is great! Imho the tech is top-class, that crypto has to offer
Very serious team, it is visible at once that they have come for a long time. In difference from 90% of P&D of the coins traded at the exchanges. |
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