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Author Topic: [ANN][DCR] Decred - Community Governance | Bitcoin Devs | Lightning Network  (Read 1200442 times)
MrSunshine
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March 27, 2018, 10:33:21 AM
 #9801

Hey all I need some clarification on the staking system. I was under the impression that if your ticket doesn't stake after 4 months, you get the funds back. I put in for a ticket on Nov 20, but nothing has happened as of yet. How much more longer until it either stakes or funds are released?  Again, I thought the timeline was 4 months but now I think I got that part twisted Huh

I think it is 142 days, so you are getting close.
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bamsterdam
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March 27, 2018, 11:02:50 AM
 #9802

I have some DCR even 1 year ago I bought it in poloniex.
I hold it because I am stuck at a very high price 0.017 BTC / 1 DCR , how long will the storm be over ?

Atm ASIC's are taking over the mining. For me I make HUGE profit and can only sell at this very high miner reward. It makes no sense to hold decred these days.

Are you our new trol ? You don't have a asic mining dcr. You obviously dont like that dcr is getting asics and when you didnt get your way you decided to bash the project. If you had an asic you won't be talking dcr down since you still have to mine in the future with the most potential profit.

I understand the feeling, many people are against asics for good reasons. Look at the centralisation of mining power in btc for example. But I think its unjustified in case of decred. Since here the users are in control and not the miners. Miners in decred are just for the security as they supposed to be and not decision making, that is done by the community.

Moreoveris afaik its pretty easy to develop asics for the blake algo dcr is using. Which means that if its not done out in the open with competition some private company could be able to do it and mine dcr in secrecy which will centralize mining way more then when its done out in the open like this. Or much worse when they would have malicious intentions.

Maybe it will increase some selling pressure in the beginning but it will be worth it cause in the end we'll have the best of both worlds. We have solid mining security which is needed as stated above without giving them the power like in bitcoin. The power stays with the community like it should be, the users of the project.  

riskthebiscuit
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March 27, 2018, 03:38:26 PM
 #9803

Hey all I need some clarification on the staking system. I was under the impression that if your ticket doesn't stake after 4 months, you get the funds back. I put in for a ticket on Nov 20, but nothing has happened as of yet. How much more longer until it either stakes or funds are released?  Again, I thought the timeline was 4 months but now I think I got that part twisted Huh

You have some really bad luck here mate sorry to hear that. Chances that you ticket isnt picked in 4 months is very small but it will happen very occasionally. If you have only 1 ticket its even more frustrating I can imagine. I believe if your ticket isnt picked after 6 months you get your funds back. In practice, this will almost never happen but you can get unlucky like in your case. Hope your ticket is picked very soon, I dont think anything can be done in the meantime but maybe someone who knows more about it can add some info.

sorry thought by head 6 months but appears to be shorter than that, as mentioned below my post
Thank you for your quick response, I appreciate it! And don't worry it wasn't my only ticket (well it is right now) I have had 5 tickets in the past vote. It is unfortunate but I knew the chances going into it Smiley.

Hey all I need some clarification on the staking system. I was under the impression that if your ticket doesn't stake after 4 months, you get the funds back. I put in for a ticket on Nov 20, but nothing has happened as of yet. How much more longer until it either stakes or funds are released?  Again, I thought the timeline was 4 months but now I think I got that part twisted Huh

I think it is 142 days, so you are getting close.
Ah kk then it means ~14 more days at maximum cool stuff. If I waited 4 months I can wait another 2 weeks, thanks for providing that knowledge!
shivansps
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March 27, 2018, 03:53:00 PM
 #9804

Hey all I need some clarification on the staking system. I was under the impression that if your ticket doesn't stake after 4 months, you get the funds back. I put in for a ticket on Nov 20, but nothing has happened as of yet. How much more longer until it either stakes or funds are released?  Again, I thought the timeline was 4 months but now I think I got that part twisted Huh

You have some really bad luck here mate sorry to hear that. Chances that you ticket isnt picked in 4 months is very small but it will happen very occasionally. If you have only 1 ticket its even more frustrating I can imagine. I believe if your ticket isnt picked after 6 months you get your funds back. In practice, this will almost never happen but you can get unlucky like in your case. Hope your ticket is picked very soon, I dont think anything can be done in the meantime but maybe someone who knows more about it can add some info.

sorry thought by head 6 months but appears to be shorter than that, as mentioned below my post
Thank you for your quick response, I appreciate it! And don't worry it wasn't my only ticket (well it is right now) I have had 5 tickets in the past vote. It is unfortunate but I knew the chances going into it Smiley.

Hey all I need some clarification on the staking system. I was under the impression that if your ticket doesn't stake after 4 months, you get the funds back. I put in for a ticket on Nov 20, but nothing has happened as of yet. How much more longer until it either stakes or funds are released?  Again, I thought the timeline was 4 months but now I think I got that part twisted Huh

I think it is 142 days, so you are getting close.
Ah kk then it means ~14 more days at maximum cool stuff. If I waited 4 months I can wait another 2 weeks, thanks for providing that knowledge!

So to stake DCR I need to lock my coins for 142 days? And even after that I could be prohibited to stake and release of my investment?

I didn't know DCR can be staked, but this scheme looks weird to me. What is the interest of staking DCR? Thanks
MrSunshine
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March 27, 2018, 04:10:34 PM
 #9805

Hey all I need some clarification on the staking system. I was under the impression that if your ticket doesn't stake after 4 months, you get the funds back. I put in for a ticket on Nov 20, but nothing has happened as of yet. How much more longer until it either stakes or funds are released?  Again, I thought the timeline was 4 months but now I think I got that part twisted Huh

You have some really bad luck here mate sorry to hear that. Chances that you ticket isnt picked in 4 months is very small but it will happen very occasionally. If you have only 1 ticket its even more frustrating I can imagine. I believe if your ticket isnt picked after 6 months you get your funds back. In practice, this will almost never happen but you can get unlucky like in your case. Hope your ticket is picked very soon, I dont think anything can be done in the meantime but maybe someone who knows more about it can add some info.

sorry thought by head 6 months but appears to be shorter than that, as mentioned below my post
Thank you for your quick response, I appreciate it! And don't worry it wasn't my only ticket (well it is right now) I have had 5 tickets in the past vote. It is unfortunate but I knew the chances going into it Smiley.

Hey all I need some clarification on the staking system. I was under the impression that if your ticket doesn't stake after 4 months, you get the funds back. I put in for a ticket on Nov 20, but nothing has happened as of yet. How much more longer until it either stakes or funds are released?  Again, I thought the timeline was 4 months but now I think I got that part twisted Huh

I think it is 142 days, so you are getting close.
Ah kk then it means ~14 more days at maximum cool stuff. If I waited 4 months I can wait another 2 weeks, thanks for providing that knowledge!

So to stake DCR I need to lock my coins for 142 days? And even after that I could be prohibited to stake and release of my investment?

I didn't know DCR can be staked, but this scheme looks weird to me. What is the interest of staking DCR? Thanks

Yes, you buy tickets, thus staking your coins. The average ticket hits the reward in 28 days, but if your ticket is one of the unlucky .5% to not win a reward your ticket is released after 142 days and your coins are again spendable by you. The current ticket now costs around 87 DCR.
Asyifiah
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March 27, 2018, 04:25:00 PM
 #9806

I have some DCR even 1 year ago I bought it in poloniex.
I hold it because I am stuck at a very high price 0.017 BTC / 1 DCR , how long will the storm be over ?

Atm ASIC's are taking over the mining. For me I make HUGE profit and can only sell at this very high miner reward. It makes no sense to hold decred these days.
thanks for your suggestion, maybe I should cutloss just this time.
of accumulated BTC indeed I suffered huge losses.
but if the accumulation in the form of dollars I still profit because the BTC price is very expensive.

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graysoon
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March 27, 2018, 04:39:31 PM
 #9807

Decred remains strong inside stormy weather. Wherever most of the money price tend to be dropping, Great project!
YoungBoss18
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March 28, 2018, 07:03:13 PM
 #9808

Decred remains strong inside stormy weather. Wherever most of the money price tend to be dropping, Great project!
The project is very promising. It is necessary to believe in it. The price is now quite low. There is an opportunity to buy coins at a bargain price. Soon such a chance may not be.
metallicelmo
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March 28, 2018, 08:24:56 PM
 #9809

Are there any new things in Decred land regarding atomic swaps with Litecoin? I haven't followed the Decred news lately
Jack Liver
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March 28, 2018, 11:13:17 PM
 #9810

support to other coins has been added to the tool and upcoming exchanges like altcoin.io are currently using it in their beta  Smiley
CryptoIndexco
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March 29, 2018, 01:11:39 AM
 #9811

Decred Prices, Graphs, Calculator and other important info are now available at http://CryptoIndex.co/decred

Feel free to send us an e mail if you have any recommendations, suggestions, comments for our portal improvement at info@cryptoindex.co

Decred Community Welcome to http://CryptoIndex.co/  Smiley
fabi90
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March 29, 2018, 08:06:36 AM
 #9812

Since I switched to Decrediton, all my staked tickets end up to be missed tickets. I don't know if it's due to the new stake pool I'm using since I was forced to create a new pool user when I changed my wallet so I changed my pool too, big mistake! So I was wondering, is that normal to end up with missed tickets every time you switch from pool to pool?
MrSunshine
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March 29, 2018, 10:30:31 AM
 #9813

Since I switched to Decrediton, all my staked tickets end up to be missed tickets. I don't know if it's due to the new stake pool I'm using since I was forced to create a new pool user when I changed my wallet so I changed my pool too, big mistake! So I was wondering, is that normal to end up with missed tickets every time you switch from pool to pool?

No, this never happened to me. I did hear a pool did close recently, maybe that is the problem. Or you imported the pools script in wrong?
Bazzzil86
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March 29, 2018, 10:31:30 AM
 #9814

https://tothemoon.live/?IsPast=False&Page=1&Month=0&Year=0&CoinTypes=Decred+%28DCR%29&SortBy=0 Who knows exact day of this event?
EmilioMann
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March 29, 2018, 09:38:39 PM
 #9815

A well known community member who cann't post links here for having a noob account has developed this amazing google spreadsheet to track all the movements of your tickets with all the statistics since you started the POS mining.

It's free and to use it's necessary to have a google account

https://decred.livre.to/poscontrol


IncludeBeer
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March 30, 2018, 01:33:53 AM
 #9816

A well known community member who cann't post links here for having a noob account has developed this amazing google spreadsheet to track all the movements of your tickets with all the statistics since you started the POS mining.

It's free and to use it's necessary to have a google account

https://decred.livre.to/poscontrol




That's awesome. Great share

Grow the Dividend Snek! (pm me if you have questions)
https://powh.io/?masternode=0x1f9b145fdaef2b82aef29c2f3c9b875a8b017512
Jack Liver
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March 30, 2018, 01:25:43 PM
 #9817

A well known community member who cann't post links here for having a noob account has developed this amazing google spreadsheet to track all the movements of your tickets with all the statistics since you started the POS mining.

It's free and to use it's necessary to have a google account

https://decred.livre.to/poscontrol

let him quote this post so we can give some merits for his work  Smiley
gembitz
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March 30, 2018, 01:37:39 PM
 #9818

I have some DCR even 1 year ago I bought it in poloniex.
I hold it because I am stuck at a very high price 0.017 BTC / 1 DCR , how long will the storm be over ?

Atm ASIC's are taking over the mining. For me I make HUGE profit and can only sell at this very high miner reward. It makes no sense to hold decred these days.

Are you our new trol ? You don't have a asic mining dcr. You obviously dont like that dcr is getting asics and when you didnt get your way you decided to bash the project. If you had an asic you won't be talking dcr down since you still have to mine in the future with the most potential profit.

I understand the feeling, many people are against asics for good reasons. Look at the centralisation of mining power in btc for example. But I think its unjustified in case of decred. Since here the users are in control and not the miners. Miners in decred are just for the security as they supposed to be and not decision making, that is done by the community.

Moreoveris afaik its pretty easy to develop asics for the blake algo dcr is using. Which means that if its not done out in the open with competition some private company could be able to do it and mine dcr in secrecy which will centralize mining way more then when its done out in the open like this. Or much worse when they would have malicious intentions.

Maybe it will increase some selling pressure in the beginning but it will be worth it cause in the end we'll have the best of both worlds. We have solid mining security which is needed as stated above without giving them the power like in bitcoin. The power stays with the community like it should be, the users of the project.  



tl;dr >> Bitmain owns you now..or was Decred a Bitmain scheme from the beginning ? :\  ~chinese scammers.

©2021*MY POSTS ARE STRICTLY FOR NOVELTY AND/OR PRESERVATION/COLLECTING PURPOSES ONLY!*It should not be regarded as investment/trading advice.*advocate to promote sharing and free software for the bitcoin community* #EFF #FSF #XTZ ===> START WITH NOTHING AND BUILD IT INTO SOMETHING!
aledesousa
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March 30, 2018, 10:43:42 PM
Merited by EmilioMann (20), Jack Liver (20)
 #9819

A well known community member who cann't post links here for having a noob account has developed this amazing google spreadsheet to track all the movements of your tickets with all the statistics since you started the POS mining.

It's free and to use it's necessary to have a google account

https://decred.livre.to/poscontrol

let him quote this post so we can give some merits for his work  Smiley

Thanks for the support and publicity! It has been a great challenge to do this spreadsheet and community support has been very important. I'm new here, I hope to be doing it right Smiley https://decred.livre.to/poscontrol
EmilioMann
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March 31, 2018, 12:56:51 AM
 #9820

lol you were able to post the link
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