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Author Topic: [ANN][DCR] Decred - Community Governance | Bitcoin Devs | Lightning Network  (Read 1201372 times)
liputin
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February 26, 2017, 08:21:01 PM
 #7341

is it me or is decred on same pattern as ethereum was 2016?? look at this daily Chart and compare, jan-feb 2016(eth) - and jan-feb 2017(dcr), in my opinion we are at first wave still..

https://i.imgur.com/pAZ0Fxg.png
Nihil5
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February 26, 2017, 08:31:00 PM
 #7342

is it me or is decred on same pattern as ethereum was 2016?? look at this daily Chart and compare, jan-feb 2016(eth) - and jan-feb 2017(dcr), in my opinion we are at first wave still..

https://i.imgur.com/pAZ0Fxg.png

Most of the spikes correspond to specific events, like the marketing last month before the news about them talking at some conference (or more often just people trying to pump it for a quick buck).

Any similarities you find with graphs on other coins are coincidental, the price will probably keep spiking, dropping and slowly stabilising higher over time until it finally starts being used as a payment method.

At the moment DCR isn't really being used, the price is controlled by what people are willing to pay to invest in it. There's no point trying to find patterns in something like that.
altcoiner555
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February 26, 2017, 08:43:35 PM
 #7343

is it me or is decred on same pattern as ethereum was 2016?? look at this daily Chart and compare, jan-feb 2016(eth) - and jan-feb 2017(dcr), in my opinion we are at first wave still..



Most of the spikes correspond to specific events, like the marketing last month before the news about them talking at some conference (or more often just people trying to pump it for a quick buck).

Any similarities you find with graphs on other coins are coincidental, the price will probably keep spiking, dropping and slowly stabilising higher over time until it finally starts being used as a payment method.

At the moment DCR isn't really being used, the price is controlled by what people are willing to pay to invest in it. There's no point trying to find patterns in something like that.

Market structure is not coincidental, if that was the case technical analysis would not work.

Decred is being used as much as other asset that have market caps many multiples higher, and has equal and in many cases much more development.   
Nihil5
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February 26, 2017, 09:07:50 PM
 #7344

is it me or is decred on same pattern as ethereum was 2016?? look at this daily Chart and compare, jan-feb 2016(eth) - and jan-feb 2017(dcr), in my opinion we are at first wave still..

https://i.imgur.com/pAZ0Fxg.png

Most of the spikes correspond to specific events, like the marketing last month before the news about them talking at some conference (or more often just people trying to pump it for a quick buck).

Any similarities you find with graphs on other coins are coincidental, the price will probably keep spiking, dropping and slowly stabilising higher over time until it finally starts being used as a payment method.

At the moment DCR isn't really being used, the price is controlled by what people are willing to pay to invest in it. There's no point trying to find patterns in something like that.

Market structure is not coincidental, if that was the case technical analysis would not work.

Decred is being used as much as other asset that have market caps many multiples higher, and has equal and in many cases much more development.   

What is DCR being used for currently?

You also aren't looking at market characteristics, and whether or not technical analysis works is highly questionable. It's considered a pseudoscience for a reason, and even then an actual technical analysis is more in depth than comparing chart patterns.

What you have done is compare two parts of completely different graphs, stated they look similar and therefore will probably follow the same pattern. That simply is not true.

I like DCR, it looks like a cool currency and I'm sure it will do well long term, but it's price is going to be impacted by news releases and (eventually) it's adoption rate. It isn't just going to magically follow the curve of another currency, that was released under different circumstances.
altcoiner555
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February 26, 2017, 09:14:47 PM
 #7345

Easy 2x/3x from here in the shorterm, regardless of pedantic noobs.
Nihil5
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February 26, 2017, 09:25:56 PM
 #7346

Easy 2x/3x from here in the shorterm, regardless of pedantic noobs.

I don't necessarily disagree with you about DCR increasing in value, and don't take it personally, I'm just offering some advice.

If you invest money by examining past trends of a different currency you're going to be in for a world of hurt.
liputin
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February 26, 2017, 09:49:17 PM
 #7347

Easy 2x/3x from here in the shorterm, regardless of pedantic noobs.

I don't necessarily disagree with you about DCR increasing in value, and don't take it personally, I'm just offering some advice.

If you invest money by examining past trends of a different currency you're going to be in for a world of hurt.
fair enough, i tend to agree with you. i just couldnt ignore how Chart Timing similar it looks.
altcoiner555
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February 26, 2017, 10:00:59 PM
 #7348

Slightly better TA here:

https://www.tradingview.com/chart/DCRBTC/1C17p4NG-Decred-Inverse-Head-Shoulder-DCR-BTC/

https://www.tradingview.com/chart/DCRBTC/PRLG5CmL-DCR-gonna-do-it-again/
Alexoz
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February 27, 2017, 12:42:25 AM
 #7349

Decred will go over $10 easy

Praxis
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February 27, 2017, 10:45:15 AM
 #7350


What is DCR being used for currently?


For storing value, and for payments (to a much lesser degree), just like Bitcoin.
Jack Liver
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February 27, 2017, 12:44:27 PM
 #7351

on-chain governance is the killer app of deCRED  Cool
rotzbouf
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February 27, 2017, 07:26:35 PM
 #7352

decred is going up for sure, we had recently a nice high around 3,5$. and i´m sure this was only a very small indication of decred potential. I won´t be surprised to see it over 5$ constantly by the end of the year.

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synthgauge
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February 27, 2017, 07:59:31 PM
 #7353

a nice video about Hard Fork Voting Demo  Grin

https://www.youtube.com/watch?v=gdLdOYZxY9k

Yeap not bad. It got too much eye hurting blur and special effects, would u mind to edit half of that shit out of the trailer and reupload it? At one moment I thought that ur video could stop the light like a black hole. Cant think of anything that would be darker and more ill-defined than ur bitchy clip.
Jack Liver
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February 27, 2017, 10:32:47 PM
 #7354

the video doesn't belong to me was posted in the slack, smoke some pot maybe can help  Grin
trader19
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February 27, 2017, 10:37:24 PM
 #7355

the video doesn't belong to me was posted in the slack, smoke some pot maybe can help  Grin
haha  Grin good answer. golden

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dasgardo87
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February 28, 2017, 12:02:19 AM
 #7356

hello i just mining decred using cpuminer-opt with suprnova pool but somehow it's not getting properly, my question is , what is wrong?

this is my setting, can someone tell me whats wrong with my setting??

./cpuminer -a blake -o stratum+tcp://dcr.suprnova.cc:2252 -u xxxxx.satu -p satu -t 7

thanks
ocminer
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February 28, 2017, 12:13:20 AM
 #7357

hello i just mining decred using cpuminer-opt with suprnova pool but somehow it's not getting properly, my question is , what is wrong?

this is my setting, can someone tell me whats wrong with my setting??

./cpuminer -a blake -o stratum+tcp://dcr.suprnova.cc:2252 -u xxxxx.satu -p satu -t 7

thanks

It's not blake, it's blake256  or maybe even decred in cpuminer

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TTRAIN
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February 28, 2017, 01:35:08 AM
 #7358

I have a few hundred dcr on yobit. You think any chance you think they'll ever fix their wallet?
francism
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February 28, 2017, 01:53:10 AM
 #7359

I have a few hundred dcr on yobit. You think any chance you think they'll ever fix their wallet?

When DCR reach the top 10 on coinmarketcap it will get some attention. Yobit might immediately fix the wallet issue.
gtzanap
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February 28, 2017, 06:50:05 AM
 #7360

I have a few hundred dcr on yobit. You think any chance you think they'll ever fix their wallet?

Not likely. They have other bad wallets too, which they never bothered fixing even after many months.

If I were you, I'd put a sell order for everything at or slightly below market price. Eventually it would get fullfilled. Then I would withdraw the btc into another Exchange to buy back dcr

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