coblee
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Activity: 1654
Merit: 1351
Creator of Litecoin. Cryptocurrency enthusiast.
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January 28, 2017, 06:06:54 AM |
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Thanks for the spreadsheet. 1.6 DCR is more than the reward though .....
1.6 is the fee rate. The fee is that time 0.539 for a normal ticket transaction kilobytes. So 0.8624 DCR
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proletariat
Legendary
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Activity: 1246
Merit: 1005
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January 28, 2017, 06:29:09 AM |
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Thanks for the spreadsheet. 1.6 DCR is more than the reward though .....
1.6 is the fee rate. The fee is that time 0.539 for a normal ticket transaction kilobytes. So 0.8624 DCR ahh OK thanks for clearing that up for me, I would have never thought of paying that much for a ticket, figured those large price spikes were nuts. Math pays off.......................
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magpr
Legendary
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Activity: 1190
Merit: 1006
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January 28, 2017, 10:39:26 AM |
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Since, I couldn't find this anywhere, I put together simple spreadsheet that has a table that shows the yield (% returns) on tickets based on ticket price and fee rate. https://docs.google.com/spreadsheets/d/1IE1gXeYoJHU_NDw-9YMfS-nihg0D4NBpK98ecRKe1Pk/edit?usp=sharingAs you can see you would have been better off paying 1.6 DCR fee rate in the last cycle than 0.01 DCR fee rate on this cycle at 68.51 ticket price. Copy the spreadsheet and have fun with it. Would be cool if someone creates a webpage like this. I've added some extra granularity around the low fees to reflect what you would be paying at higher ticket prices and removed some of the really high fees that we haven't seen. It shows that there is a sweet spot around 35-40 where the return is higher given that fees will be lower. I've also added some extra data showing how many tickets you'll get for a given amount of DCR and what the absolute return is assuming that all tickets vote. The red cells are those that are highly unlikely ticket price / fee combinations while the yellow area is around where the minimum fees tend to sit for low prices. You may or may not get in at those fees. This analysis also doesn't take into account missed or expired tickets, although it's low enough that it shouldn't be a problem. https://docs.google.com/spreadsheets/d/1SlQ6eKoJVpesAp-CxUev0csig6rhgV3yRRLA6bCdMbc/edit?usp=sharingThank you guys for your analysis and the publication of these data, which will enable me to optimize the strategy of buying tickets, timing of their execution and decrease fee rates. It is not easy to understand the intricacies of this process and fee rates. I hope that the release of the new wallet will simplify this process.
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dranster
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January 28, 2017, 10:40:30 AM |
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200k Sats for DECRED is in sight Excited about the upcoming developments
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EmilioMann
Legendary
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Activity: 2184
Merit: 1028
#mitandopelomundo
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January 28, 2017, 12:32:35 PM |
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Let's will continue voting to have DECRED on coinbase. Obviously that DCR will not enter now, but sure if we get a lot of votes DECRED will attract the looks.
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Hyperjacked
Legendary
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Activity: 1610
Merit: 1119
It's all mathematics...!
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January 28, 2017, 01:53:12 PM |
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Let's will continue voting to have DECRED on coinbase. Obviously that DCR will not enter now, but sure if we get a lot of votes DECRED will attract the looks. Good idea! Maybe we can get @satoshilite / Coblee's vote... What do you think Charlie ?
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@Hyperjacked1 Twitter
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Hyperjacked
Legendary
Offline
Activity: 1610
Merit: 1119
It's all mathematics...!
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January 28, 2017, 02:03:22 PM |
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@Hyperjacked1 Twitter
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dbt1033
Legendary
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Activity: 1274
Merit: 1000
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January 28, 2017, 07:54:57 PM |
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Well, being an insider controlled instamined scam doesn't help their case much. Glad with Decred, everyone can participate, no matter how much or little they own.
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clovis A.
Legendary
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Activity: 1206
Merit: 1000
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January 29, 2017, 09:45:25 AM |
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DCR has been cleared for takeoff.....again! Whomever is making this market is painting a pretty sexy chart and it's fun to watch. Go go gadget legs!!
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Cloud storage is about to change Are you ready?
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Scaccomatt0
Legendary
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Activity: 1120
Merit: 1000
https://cryptoworld.io
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January 29, 2017, 10:41:44 AM |
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I can't help you when it comes to Yobit, never used it. I use Poloniex. gtzanap's advice is good imo
Thanks for suggestion, I sold everything on yobit and bought again on polo losing "only" 5%
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IncludeBeer
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Activity: 1164
Merit: 1010
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January 29, 2017, 11:14:06 AM |
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DCR has been cleared for takeoff.....again! Whomever is making this market is painting a pretty sexy chart and it's fun to watch. Go go gadget legs!! For real tho. Pretty exciting to think what the market will (probably) look like in 5-6 months...
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magpr
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Activity: 1190
Merit: 1006
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January 29, 2017, 12:28:36 PM |
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DCR has been cleared for takeoff.....again! Whomever is making this market is painting a pretty sexy chart and it's fun to watch. Go go gadget legs!! Good growth shows Decreed today, it seems this is only the beginning of price acceleration to future news and we will see some new price peaks in the near future. There comes a time of awakening the sleeping monster! Are you ready to it?
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malcovixeffect
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January 29, 2017, 12:33:47 PM |
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LMAO, wasnt paying attention but glad it rose up
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reflexmk
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January 29, 2017, 02:14:41 PM |
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Hi all, I'm new to this coin, read last few pages and got hooked. Want to mine POW with some RX cards, can someone point me to the best available miner? Thanks!
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Praxis
Legendary
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Activity: 1118
Merit: 1004
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January 29, 2017, 03:26:24 PM |
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Hi all, I'm new to this coin, read last few pages and got hooked. Want to mine POW with some RX cards, can someone point me to the best available miner? Thanks!
Did you check https://docs.decred.org/mining/proof-of-work/ ? Links are at the bottom of the page.
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reflexmk
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January 29, 2017, 05:35:58 PM |
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Hi all, I'm new to this coin, read last few pages and got hooked. Want to mine POW with some RX cards, can someone point me to the best available miner? Thanks!
Did you check https://docs.decred.org/mining/proof-of-work/ ? Links are at the bottom of the page. Hi, thanks for the reply. Anyone has a sgminer bat file command for RX cards? Thanks!
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bitcurrenty
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January 29, 2017, 06:44:34 PM |
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DCR price has been 4X since the lowest point.
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