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Topic: [ANN][DCR] Decred - Community Governance | Bitcoin Devs | Lightning Network - page 207. (Read 1201708 times)

legendary
Activity: 1120
Merit: 1000
https://cryptoworld.io
I can't help you when it comes to Yobit, never used it. I use Poloniex. gtzanap's advice is good imo
Thanks for suggestion, I sold everything on yobit and bought again on polo losing "only" 5%
legendary
Activity: 1206
Merit: 1000
DCR has been cleared for takeoff.....again!  Whomever is making this market is painting a pretty sexy chart and it's fun to watch.  Go go gadget legs!! Grin
legendary
Activity: 1274
Merit: 1000
https://twitter.com/decredproject/status/825416210279960579

Guys please retweet / like this tweet.  Let's help get Decred on shapeshift!
legendary
Activity: 1274
Merit: 1000
Truth hurts for the coin formerly known as Dark...

https://mobile.twitter.com/SatoshiLite/status/825121572776075269

Decred best in class...! Love it  Shocked Shocked Shocked  Cool

Well, being an insider controlled instamined scam doesn't help their case much.  Glad with Decred, everyone can participate, no matter how much or little they own.
legendary
Activity: 1624
Merit: 1126
It's all mathematics...!
Truth hurts for the coin formerly known as Dark...

https://mobile.twitter.com/SatoshiLite/status/825121572776075269

Decred best in class...! Love it  Shocked Shocked Shocked  Cool
legendary
Activity: 1624
Merit: 1126
It's all mathematics...!


Let's will continue voting to have DECRED on coinbase.

Obviously that DCR will not enter now, but sure if we get a lot of votes DECRED will attract the looks.

Good idea! Maybe we can get @satoshilite / Coblee's vote...  Grin

What do you think Charlie ?
legendary
Activity: 2184
Merit: 1028
#mitandopelomundo


Let's will continue voting to have DECRED on coinbase.

Obviously that DCR will not enter now, but sure if we get a lot of votes DECRED will attract the looks.
hero member
Activity: 546
Merit: 500
200k Sats for DECRED is in sight

Excited about the upcoming developments  Wink
legendary
Activity: 1190
Merit: 1006
Since, I couldn't find this anywhere, I put together simple spreadsheet that has a table that shows the yield (% returns) on tickets based on ticket price and fee rate.

https://docs.google.com/spreadsheets/d/1IE1gXeYoJHU_NDw-9YMfS-nihg0D4NBpK98ecRKe1Pk/edit?usp=sharing

As you can see you would have been better off paying 1.6 DCR fee rate in the last cycle than 0.01 DCR fee rate on this cycle at 68.51 ticket price. Copy the spreadsheet and have fun with it. Would be cool if someone creates a webpage like this.

I've added some extra granularity around the low fees to reflect what you would be paying at higher ticket prices and removed some of the really high fees that we haven't seen. It shows that there is a sweet spot around 35-40 where the return is higher given that fees will be lower. I've also added some extra data showing how many tickets you'll get for a given amount of DCR and what the absolute return is assuming that all tickets vote. The red cells are those that are highly unlikely ticket price / fee combinations while the yellow area is around where the minimum fees tend to sit for low prices. You may or may not get in at those fees.

This analysis also doesn't take into account missed or expired tickets, although it's low enough that it shouldn't be a problem.

https://docs.google.com/spreadsheets/d/1SlQ6eKoJVpesAp-CxUev0csig6rhgV3yRRLA6bCdMbc/edit?usp=sharing

Thank you guys for your analysis and the publication of these data, which will enable me to optimize the strategy of buying tickets, timing of their execution and decrease fee rates. It is not easy to understand the intricacies of this process and fee rates. I hope that the release of the new wallet will simplify this process.
legendary
Activity: 1246
Merit: 1005
Thanks for the spreadsheet. 1.6 DCR is more than the reward though .....

1.6 is the fee rate. The fee is that time 0.539 for a normal ticket transaction kilobytes. So 0.8624 DCR

ahh OK thanks for clearing that up for me, I would have never thought of paying that much for a ticket, figured those large price spikes were nuts. Math pays off.......................

donator
Activity: 1654
Merit: 1354
Creator of Litecoin. Cryptocurrency enthusiast.
Thanks for the spreadsheet. 1.6 DCR is more than the reward though .....

1.6 is the fee rate. The fee is that time 0.539 for a normal ticket transaction kilobytes. So 0.8624 DCR
legendary
Activity: 1246
Merit: 1005
Since, I couldn't find this anywhere, I put together simple spreadsheet that has a table that shows the yield (% returns) on tickets based on ticket price and fee rate.

https://docs.google.com/spreadsheets/d/1IE1gXeYoJHU_NDw-9YMfS-nihg0D4NBpK98ecRKe1Pk/edit?usp=sharing

As you can see you would have been better off paying 1.6 DCR fee rate in the last cycle than 0.01 DCR fee rate on this cycle at 68.51 ticket price. Copy the spreadsheet and have fun with it. Would be cool if someone creates a webpage like this.

Thanks for the spreadsheet. 1.6 DCR is more than the reward though .....

legendary
Activity: 1624
Merit: 1126
It's all mathematics...!
Since, I couldn't find this anywhere, I put together simple spreadsheet that has a table that shows the yield (% returns) on tickets based on ticket price and fee rate.

https://docs.google.com/spreadsheets/d/1IE1gXeYoJHU_NDw-9YMfS-nihg0D4NBpK98ecRKe1Pk/edit?usp=sharing

As you can see you would have been better off paying 1.6 DCR fee rate in the last cycle than 0.01 DCR fee rate on this cycle at 68.51 ticket price. Copy the spreadsheet and have fun with it. Would be cool if someone creates a webpage like this.

Thanks Charlie

Cheers m8
legendary
Activity: 2184
Merit: 1028
#mitandopelomundo
What is the latest news in Decred?


- Lightning Network support 
- Privacy project with a new and unique anon system
- Global Marketing Campaign 
- Smart contracts 
- DAO   
- GUI wallets for mac and linux and in 02/07 will be implemented the purchase of tickets in them 

and

- Project Charybdis

https://video.twimg.com/tweet_video/C3IpWU2UMAAKxay.mp4



newbie
Activity: 1
Merit: 0
Since, I couldn't find this anywhere, I put together simple spreadsheet that has a table that shows the yield (% returns) on tickets based on ticket price and fee rate.

https://docs.google.com/spreadsheets/d/1IE1gXeYoJHU_NDw-9YMfS-nihg0D4NBpK98ecRKe1Pk/edit?usp=sharing

As you can see you would have been better off paying 1.6 DCR fee rate in the last cycle than 0.01 DCR fee rate on this cycle at 68.51 ticket price. Copy the spreadsheet and have fun with it. Would be cool if someone creates a webpage like this.

I've added some extra granularity around the low fees to reflect what you would be paying at higher ticket prices and removed some of the really high fees that we haven't seen. It shows that there is a sweet spot around 35-40 where the return is higher given that fees will be lower. I've also added some extra data showing how many tickets you'll get for a given amount of DCR and what the absolute return is assuming that all tickets vote. The red cells are those that are highly unlikely ticket price / fee combinations while the yellow area is around where the minimum fees tend to sit for low prices. You may or may not get in at those fees.

This analysis also doesn't take into account missed or expired tickets, although it's low enough that it shouldn't be a problem.

https://docs.google.com/spreadsheets/d/1SlQ6eKoJVpesAp-CxUev0csig6rhgV3yRRLA6bCdMbc/edit?usp=sharing
donator
Activity: 1654
Merit: 1354
Creator of Litecoin. Cryptocurrency enthusiast.
Since, I couldn't find this anywhere, I put together simple spreadsheet that has a table that shows the yield (% returns) on tickets based on ticket price and fee rate.

https://docs.google.com/spreadsheets/d/1IE1gXeYoJHU_NDw-9YMfS-nihg0D4NBpK98ecRKe1Pk/edit?usp=sharing

As you can see you would have been better off paying 1.6 DCR fee rate in the last cycle than 0.01 DCR fee rate on this cycle at 68.51 ticket price. Copy the spreadsheet and have fun with it. Would be cool if someone creates a webpage like this.
legendary
Activity: 2165
Merit: 1002
Thanks. I see the average fee field, but it always says 0. And if I click show fees they're usually all zero too (though I just checked and one was 0.01 not 0). I guess I'll buy a few when it goes down to 75 or 80 then try to get a few more under 40.

It says zero because there are 0 requests for ticket at that moment (hence no fees to derive an average). It's often the case at very high prices, like near or over 100.

Don't buy at 70 or 80, wait for prices 50 or below. Between 40 and 50 you'll almost certainly succeed at default fees
legendary
Activity: 3178
Merit: 1119
Anyone have some insight on when the best time to buy tickets now is, and how to estimate fees?

It looks like there are four points per cycle on the oscillating ticket price graph: 40, 80, 120, and 80 DCR, approximately. I've heard that fees go insane when ticket price hits that low point around 40ish, but I'm not seeing any fee info on dcrstats or in wallet with getstakeinfo command or whatever.

Any advice or suggestions appreciated...

To avoid the fee wars, I'd suggest buying in the 40's and 50's range. These will usually go through even at the default/minimum ticketfee.
Lower ticket prices
What are these tickets?

Tickets are the mechanism by which PoS works. You buy tickets which allow you to vote when your ticket is included in a block, and then also get some bonus DCR when you vote.
legendary
Activity: 1190
Merit: 1000
Anyone have some insight on when the best time to buy tickets now is, and how to estimate fees?

It looks like there are four points per cycle on the oscillating ticket price graph: 40, 80, 120, and 80 DCR, approximately. I've heard that fees go insane when ticket price hits that low point around 40ish, but I'm not seeing any fee info on dcrstats or in wallet with getstakeinfo command or whatever.

Any advice or suggestions appreciated...

To avoid the fee wars, I'd suggest buying in the 40's and 50's range. These will usually go through even at the default/minimum ticketfee.
Lower ticket prices
What are these tickets?
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