Post
Topic
Board Announcements (Altcoins)
Re: [ANN][DCR] Decred - Community Governance | Bitcoin Devs | Lightning Network
by
IncludeBeer
on 14/10/2018, 18:27:41 UTC
Miners will drop the price, so wait for buy coins, i personally don't like what they've done in zcash (equihash), it should have forked, but Decred is very solid at the price as well.

i don't understand, why miners should have to drop the price? Mine decred is too profitable ? So they can afford a drop of the price?

No, the logic is:
  • 1.) asics come online and mine
  • 2.) miners dump their coin for costs/ROI
  • 3.) market price dumps

Though, this pattern doesn't apply as directly to Decred as it does to pure PoW coins that have transitioned to asics. Hybrid consensus models FTW.