Post
Topic
Board Announcements (Altcoins)
Re: [ANN][DCR] Decred - Community Governance | Bitcoin Devs | Lightning Network
by
IncludeBeer
on 16/10/2018, 02:05:07 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?
anyone else notice how close we are to a breakout?
these miners simply dump their rewards, thus putting upward pressure on the price.maybe this can be very profitable.


Dumps on the network creates downward pressure, not upward. A dump means more coins for sale, which in turn saturates and causes price to fall. Upward pressure is created when buy orders come in. In crypto, this is typically triggered externally by, e.g., news.