Author

Topic: [ANN][DCR] Decred - Community Governance | Bitcoin Devs | Lightning Network - page 110. (Read 1201407 times)

sr. member
Activity: 1181
Merit: 259
Hello guys!
How many DCR do I need for a ticket (for POS)?

Average ticket price is 62 DCR. You need enough to purchase at least 1 whole ticket.

Thx for answer! A 2 month earlier it was ~52. Is this value going highier and highier throught the time?

See https://dcrstats.com/ - scroll down a bit and you will see a graph of ticket prices over time. For me since the ticket price is pretty stable, I just buy one each time one my previous dcr tickets votes, and don't look at prices anymore.
full member
Activity: 364
Merit: 100
Hello guys!
How many DCR do I need for a ticket (for POS)?

Average ticket price is 62 DCR. You need enough to purchase at least 1 whole ticket.

Thx for answer! A 2 month earlier it was ~52. Is this value going highier and highier throught the time?
sr. member
Activity: 474
Merit: 263
Hello guys!
How many DCR do I need for a ticket (for POS)?

Average ticket price is 62 DCR. You need enough to purchase at least 1 whole ticket.
full member
Activity: 364
Merit: 100
Hello guys!
How many DCR do I need for a ticket (for POS)?
sr. member
Activity: 317
Merit: 317
Bloodbath... Poloniex is red! Bitcoin is rising but Decred will surprise everyone  Smiley

hopefully. are there any concrete reasons which make you think so?

Decred is the only coin with successful governance system and most likely the first to implement lightning network by the end of the year. And there are plenty of good news coming!
nmd
newbie
Activity: 7
Merit: 0
Bloodbath... Poloniex is red! Bitcoin is rising but Decred will surprise everyone  Smiley

hopefully. are there any concrete reasons which make you think so?
legendary
Activity: 1260
Merit: 1010
on bittrex wallet "red" is in maintenance ..  Roll Eyes big UP when all return normal  Wink
sr. member
Activity: 1181
Merit: 259
it's per month, another useful tool for calculation ROI is http://www.posmaster.info/

Actually, I think it's per ticket with no reference to the time period.
If the ticket takes 1 month to vote, then it also happens to be per month but you can't know that.
It has 50% chance to vote within a month and must vote within 6 months ore expire.


This is a return of currently 2.34 percent. With continuous buying, this value works out to be return per month. With at least ~100 tickets you can expect to see this return each month. Fewer tickets will still average to this value each month over time, but you will see increased variation on a month-to-month basis.


is anybody smart enough to figure this out if the above statement is correct?

The statement It has 50% chance to vote within a month is not quite true. Actually on average each ticket will vote in 28 days. Read the official Decred thread for all the details but it is technical: https://docs.decred.org/mining/proof-of-stake/

I found the ROI statement on https://dcrstats.com/ seems pretty accurate.

Yes, and you need another full day for the stake to mature, and then another for a ticket purchase to mature again. So the whole cycle takes about 30 days.
Also, it is possible that the ticket votes from the beginning (after it matures) instead of 28 days, which means you can rebuy and start the cycle again even earlier.
So if I buy 100 tickets in day 1, I would expect at day 30 to have more than 50 voted as some of them will have voted very early and others would be bought in their place in the mean time.
But still I would not expect to have 100 voted on average every 30 days, so the return per month should be less that 2.34% because that return would imply that with X tickets holding (and rebuying) you get on average X votes per month

I think it it would still be about 2.34% return, since you can start buying more tickets with those tickets that voted early. I just looked back at my last 30 days and it seems on average each of my tickets voted once.
legendary
Activity: 2165
Merit: 1002
it's per month, another useful tool for calculation ROI is http://www.posmaster.info/

Actually, I think it's per ticket with no reference to the time period.
If the ticket takes 1 month to vote, then it also happens to be per month but you can't know that.
It has 50% chance to vote within a month and must vote within 6 months ore expire.


This is a return of currently 2.34 percent. With continuous buying, this value works out to be return per month. With at least ~100 tickets you can expect to see this return each month. Fewer tickets will still average to this value each month over time, but you will see increased variation on a month-to-month basis.


is anybody smart enough to figure this out if the above statement is correct?

The statement It has 50% chance to vote within a month is not quite true. Actually on average each ticket will vote in 28 days. Read the official Decred thread for all the details but it is technical: https://docs.decred.org/mining/proof-of-stake/

I found the ROI statement on https://dcrstats.com/ seems pretty accurate.

Yes, and you need another full day for the stake to mature, and then another for a ticket purchase to mature again. So the whole cycle takes about 30 days.
Also, it is possible that the ticket votes from the beginning (after it matures) instead of 28 days, which means you can rebuy and start the cycle again even earlier.
So if I buy 100 tickets in day 1, I would expect at day 30 to have more than 50 voted as some of them will have voted very early and others would be bought in their place in the mean time.
But still I would not expect to have 100 voted on average every 30 days, so the return per month should be less that 2.34% because that return would imply that with X tickets holding (and rebuying) you get on average X votes per month
sr. member
Activity: 1181
Merit: 259
it's per month, another useful tool for calculation ROI is http://www.posmaster.info/

Actually, I think it's per ticket with no reference to the time period.
If the ticket takes 1 month to vote, then it also happens to be per month but you can't know that.
It has 50% chance to vote within a month and must vote within 6 months ore expire.


This is a return of currently 2.34 percent. With continuous buying, this value works out to be return per month. With at least ~100 tickets you can expect to see this return each month. Fewer tickets will still average to this value each month over time, but you will see increased variation on a month-to-month basis.


is anybody smart enough to figure this out if the above statement is correct?

The statement It has 50% chance to vote within a month is not quite true. Actually on average each ticket will vote in 28 days. Read the official Decred thread for all the details but it is technical: https://docs.decred.org/mining/proof-of-stake/

I found the ROI statement on https://dcrstats.com/ seems pretty accurate.
sr. member
Activity: 506
Merit: 252
it's per month, another useful tool for calculation ROI is http://www.posmaster.info/

Actually, I think it's per ticket with no reference to the time period.
If the ticket takes 1 month to vote, then it also happens to be per month but you can't know that.
It has 50% chance to vote within a month and must vote within 6 months ore expire.


This is a return of currently 2.34 percent. With continuous buying, this value works out to be return per month. With at least ~100 tickets you can expect to see this return each month. Fewer tickets will still average to this value each month over time, but you will see increased variation on a month-to-month basis.


is anybody smart enough to figure this out if the above statement is correct?
sr. member
Activity: 1181
Merit: 259
Cheap Decred? Any reasons? If not: yum yum yum.
Yep, dumb people jumping on the hype train for NEO and other potaoecoins. Wink

NEO is a different type of coin and still may run another 10x. I would hold both DCR and NEO. You can POS with DCR and earn GAS with NEO. They both have there strong points.
member
Activity: 112
Merit: 10
What's wrong with the Decred wallet on Poloniex?

let me guess...do you have problem to withdraw?
legendary
Activity: 2114
Merit: 1403
Disobey.
Cheap Decred? Any reasons? If not: yum yum yum.
Yep, dumb people jumping on the hype train for NEO and other potaoecoins. Wink
sr. member
Activity: 358
Merit: 250
Cheap Decred? Any reasons? If not: yum yum yum.
newbie
Activity: 31
Merit: 0
What's wrong with the Decred wallet on Poloniex?
legendary
Activity: 1848
Merit: 1023
I am a good bro

LOL. Tony proves, once again, that he shouldn't talk about anything than Bitcoin. He is such a pro bitcoin, he dismisses every other project in the crypto world.

Meanwhile we are almost at the dip of previous 4-5 months. If it does not break, we should head up from here.
sr. member
Activity: 588
Merit: 251
EVOS
i think decreds are best undervalued coin  Cheesy
Probably like many others.
Jump to: