Post
Topic
Board Announcements (Altcoins)
Re: [ANN][DCR] Decred - Community Governance | Bitcoin Devs | Lightning Network
by
bspus
on 26/12/2021, 13:18:26 UTC
I must have missed something.
What does Bittrex exchange have to do with Decred dump?

Don't pay any attention to his ramblings, or just look at all his past posts for fun to see for yourself

As for the price of decred, it's quite typical. The coin has a dedicated, but small following unfortunately. It has its ups and downs relative to bitcoin, but ultimately doesn't seem able keep up with it, though it does OK in fiat terms.

Still I expect more upsides (wrt bitcoin always), particularly when bitcoin drops again or remains stable.

The best feature of this coin is the DEX which works really well. It's the only coin I can still trade 100% anonymously with near zero fees and with full custody control.

So these ups and downs are really just opportunities

agree on all points  -  how do you trade it 100% anonymously  ?

You must use the DEX. It matches buyers and sellers and executes atomic swaps directly on the chains with minimal fees. No KYC and no third parties.
The drawback is that currently, you need to be running full nodes on both coins as well as the DEX software which has a web interface to interact with. And also that minimum trade quantity is 40dcr.
I have a dedicated linux box for those things, but I understand this is more trouble that most people would put up with.
They say the next version will be more accessible and work with light nodes, maybe directly through decrediton.