After Decred management team pulled a scam with miners, everyone knows this project governance is big sham.  Why did you invite to buy ASICs when you don't like miners? You only like coinholder voting because you are the biggest coinholders (companyzero, Jake Yocom Piatt, Jonathan Zeppettini) since the premine.


Decred Governance is a sham to avoid accountability and evade their legal responsibility. No matter what public wants, the big insiders can use veto power. The master plan is clear for anyone with a brain:



Step 1 Premine 1.6M DCR coins
Step 2 Allow yourself (companyzero) to take unlimited money from treasury without public stakeholder approval
Step 3 Implement Coinjoin privacy to hide the whale holdings
Step 4 Make a fake "retirement" Announcement (and keep the controlling coins share)


Step 1-3 are done now, only step 4 remaining. Soon they will make a fake retirement post on Decred Blog. In truth, they will continue to control the project supply and governance.


The privacy feature hides the whale holdings now, but the public data since 2017 shows the insider whale holdings. Solo whale is holding 400,000 DCR tokens. Since they admitted not selling the premine to now, simple staking since 2017 means multiplying the holding by many times already. This is why there is many people who know about the 2 Million DCR to 3 million insider estimate as common knowledge.

Check yourself. This is from 2017:



You can see solo staking, and you can still verify the addresses in block explorer.

Seems like that wasn't enough to save this coin. Whatever you're doing over there, in the long list of links you provided, didn't help either. Most coin communities no longer use Bitcointalk as their hub of communication, anyway, regardless of how successful they currently are.

I have been buying my DCR on polinex with BTC which I purchase with fiat elsewhere - I am buying to hold

as the price on polinex is tied to BTC what is likely to be the result if the current issue with BTC turns into a clusterfcuk

will DCR drop in line with BTC or is it actually disengaged directly so unlikely to suffer the same percentage of correction ?

Happy to shed light!  Evolution is a great service for those new to DCR (or simply don't want the bother of staking) imo.

What you described is an active request I've seen floating around though. However, implementing such a thing would absolutely be non-trivial, as a ticket doesn't just hold some reward.  A ticket is actually a very important functional vehicle for Decred: it allows holders to vote. You can see why this would be difficult: how do you fairly decide on a binary result (yes/no) given potentially non-equal input from multiple parties (those who "pooled" their funds so they could buy a ticket together)?  My thought: those type of tickets always abstain from voting. That's really sub-optimal though, since voting is such an important feature of Decred.

Why should you buy Bitcoin for 2500 usd or ETH for 200?
Just look at the indepth tech on both of them and then look at STRAT and you will know if the current value of STRAT is expensive. Ethereum was 10usd december 2016, take your pick.

Thanks! All of my prior commitments have been taken care of, so I'm here for good now.


Considering that all of the coins that ranked above DCR using Huobi's model have been around for quite a while longer (with the exception of Zcash), that's not a half bad outcome in my view - even if you disagree with the evaluation methodology. It's good to know there's awareness and that they're taking interest in the effort the devs and the community are putting into the project!

We are going to 20k this week. But now it is time to buy dip.

I'd be interested to know: who here is mining decred?

I think decred is not ready for the competition yet.

I think governance can be a killer app if done correct so DCR can be a sleeping giant like some people say.
I like decred a lot and it is a big portion of my portofolio, but im also worried a lot because;

The fundamentals are pretty negative atm if you ask me;
1) miners are dual mining and making a lot sell pressure.
2) Tickets fee are skyrocketing on low ticket price giving the miners a lot of extra fee ever block (approx 0,25 dcr a ticket)
3) A huge rise of x20

Beside that i think also that because all the sell pressure its not even worth keeping the coins locked in POS and that can be a serieus problem.
Cause how can you get democrazy like this. You can lock your coins for 2,5 to 3% but the coin makes swings of 40% in that same period.
That makes is insane risky for the people that buy the coins around this price.

The 28 day on avarage lock is just a lot, would be much better if the tickets where cheaper and the lockdown/reward were lower.

Example instead of 5 tickets 10 will be picked this lowers the waiting time, and lower the reward you get to composate for the same pos supply.

Beside the fundamental i also think there should be more like a aim for the coin. Now its a coin in the middle.
Obvious its mostly focussed on being a payment system, but there are a lot coins out there like that so thats a really hard market to crack.
XEM is a great example aiming for enterprise so at least people know what they need to market.

Ofcourse a coin with governance can go every way that people vote for but first the coin need to get usage so it can increase in value, this is more
important than people know. Think about dev subsidy and developers joining etc.

Just bought about 7BTC in DCR, i believe in this coin.

I've shared this same train of thought for a while now. I just wish my entry to buying wasn't through BTC first...shit's expensive right now!

The things that matter to me are:

Governance - Decred is the #1 governance coin. The end goal is to let this blockchain govern itself. If we don't like the dev team, we can kick them out. I think that says a lot about Jake and the team.
PoS/PoW Hybrid - Proper balance of PoS and PoW. They noticed the benefits to both and implemented it perfectly.
Professionalism - The documentation, approach, everything... Has been more professional than any other project I've seen.

Product before hype - This is one of the biggest things for me. The team's focus has been on perfecting the project, or at least making it really good, before hyping it up and marketing. For a lot of the investors, this has been frustrating, but I love it.
If you build it, they will come. I think that if you put out something good, it will sell itself... And the less this is advertised while in the early stages, the lower the value stays and the more we can potentially accumulate.

Many other reasons.

What is special about this currency?