Post
Topic
Board Announcements (Altcoins)
Re: [ANN][DCR] Decred - Hybrid PoW/PoS | btcsuite Devs | Tons of New Features | Go
by
sulfurtank
on 14/12/2016, 15:45:33 UTC
The 50 cent range is an interesting one because that's the value Company 0 uses to pay developers...  I would expect some sideways motion here unless we are truly rekt.

well that is new  Roll Eyes ... where did you get that from? If they were paying at a set rate of $.50 even when it was $2.5 that would mean a big fuck you to rest of us people buying on the exchanges.
Hope it is and always has been at market rate which would make sense else it is fuckin criminal. People aren't blind and the project has a good rep given the constant development but at what fuckin price are we getting that development? they are charging an outrageous premium if perpetual $.50 is the case, and if you add to that the fact that claymore farms are getting free dcr from mining eth then this shit is not close to the bottom, no even close.

inbefore the "claymore is not free dcr because it consumes more electrity" yeah big chinese farms interested in mining eth for profit have their full attention on ETH ... they are not going to say no to free dcr and autodump.. even dumping at 1 satoshi would be profit for them..

That's been known since the beginning...  the devs can't sell their coins until Feb 2017 (when I'm expecting an uprise).  How is it unfair?  The dev team is paid in $DCR or has to buy $DCR with their own money.  They just get a sweeter deal (the same deal you get now) because they are shouldering all of the work.

Dev team gets 10% from every block and have set an example around this context transparency wise with full accountability of how that is spent


How is that unfair? U douche, how is miners rape unfair? The idea of charging miners seems to have been copied from Zcash business model which assumes u can profit off miner rewards without having done anything or anyhow contributed to the development. If that's true that they are getting paid in DCR, chances are that they may and will sell personal stake on the open market. I think they will do it under the pretence that conversion from DCR to BTC will allow for hedging against instability in DCR markets. It's safe to assume that the upmove may indeed take place over the next few months otherwise they wouldn't be able to sell. U shouldn't really care what they charge, if it's 50 cents or higher, just wait for them to baloon the price and sell at peak.