[ANN][DCR] Decred - Community Governance | Bitcoin Devs | Lightning Network - page 257.

proletariat

legendary

Activity: 1246

Merit: 1005

Quote from: Finksy on September 18, 2016, 05:03:59 PM

I am very curious what the impact of having a popular dual miner like Claymore has on the otherwise very small DCR market. Seems like it would just be an opportunity for people to mine and dump, further driving prices down. I still believe in the project, and will hold some for the long run. I made enough staking it early to cover my investment, the rest is a hail mary.

That has been on my mind lately as well. ETH miners can dump at a few satoshis and still profit from DCR as it is basically free for them.

Finksy

legendary

Activity: 1022

Merit: 1003

I am very curious what the impact of having a popular dual miner like Claymore has on the otherwise very small DCR market. Seems like it would just be an opportunity for people to mine and dump, further driving prices down. I still believe in the project, and will hold some for the long run. I made enough staking it early to cover my investment, the rest is a hail mary.

aamarket

sr. member

Activity: 259

Merit: 250

Brave move,
last price 0.00202967

hepilord

full member

Activity: 171

Merit: 100

Quote from: dagi on September 18, 2016, 12:13:36 PM

i bought more DCR :-)

Me too

Praxis

legendary

Activity: 1118

Merit: 1004

Quote from: dagi on September 18, 2016, 12:13:36 PM

i bought more DCR :-)

That's the spirit.

dagi

sr. member

Activity: 374

Merit: 250

i bought more DCR :-)

gravityz3r0

newbie

Activity: 32

Merit: 0

Quote from: Praxis on September 18, 2016, 11:46:21 AM

It's correcting above 200k again. Good opportunity to buy I guess.
Something tells me that an interesting week is ahead of us.

Sell wall is starting to crumble, we just have to ride this one out! Grin

Have faith!

Praxis

legendary

Activity: 1118

Merit: 1004

It's correcting above 200k again. Good opportunity to buy I guess.
Something tells me that an interesting week is ahead of us.

gnargnar

legendary

Activity: 1111

Merit: 1000

crypto-enthusiast since 2012

Quote from: helloge on September 18, 2016, 11:25:52 AM

Quote from: clovis A. on September 18, 2016, 11:08:23 AM

Sunday, bloody Sunday......time to buy, i guess. Saw that wall go up the other day and have been quietly hoping I would get a good entry point like this

what happened to DCR?

I guess the low buy support + the very high interest rate (PoS 4-6% monthly) makes it unsustainable to keep Decred above 200k satoshis. We'll see...

helloge

legendary

Activity: 1057

Merit: 1000

The Experience Layer of the Decentralized Internet

Quote from: clovis A. on September 18, 2016, 11:08:23 AM

Sunday, bloody Sunday......time to buy, i guess. Saw that wall go up the other day and have been quietly hoping I would get a good entry point like this

what happened to DCR?

jeremy grol

hero member

Activity: 882

Merit: 500

WTF IS HAPPENING? Huh

?

clovis A.

legendary

Activity: 1206

Merit: 1000

Sunday, bloody Sunday......time to buy, i guess. Saw that wall go up the other day and have been quietly hoping I would get a good entry point like this

SparkyU

hero member

Activity: 784

Merit: 506

Sub 200k dip. Now the real panic begins. Let's see how it all shakes out.

Jack Liver

legendary

Activity: 1981

Merit: 1039

200k satoshi lookout weak hands Grin

https://www.youtube.com/watch?v=YiCOFQgDDPM

ocminer

legendary

Activity: 2688

Merit: 1240

Jack Liver

legendary

Activity: 1981

Merit: 1039

gnargnar

legendary

Activity: 1111

Merit: 1000

crypto-enthusiast since 2012

This great coin is now entering the despair phase...
Strategy to make the weak hands sell has started : that sell wall, the replies made to remove hope ( the "oh its not fud, it's the reality" - style of replies).

It will take patience and nerves of steel during this phase, but sooner or later, this hq tech will get its right valuation.

groggin

legendary

Activity: 1894

Merit: 1001

Quote from: wontforgetU on September 18, 2016, 02:50:29 AM

The market cap is great, no ico? Wonderful project if no ico. Reliable dev team. Hold.

no ico or premine but devs do get a hefty slice of the pie. dyor

wontforgetU

newbie

Activity: 23

Merit: 0

The market cap is great, no ico? Wonderful project if no ico. Reliable dev team. Hold.

aamarket

sr. member

Activity: 259

Merit: 250

Quote from: SparkyU on September 17, 2016, 11:55:24 PM

Quote from: aamarket on September 17, 2016, 06:06:46 PM

It sounds ridiculous,probably even to yourself.
You say it is a common case to put a sell order with amount of three times of a daily volume, right ?

No it doesn't, I have enough market experience...
I'm not saying it's common, but it does happen. If you're thinking that it's being used for manipulation then that would be pretty foolish on the seller's part. There are many people on the exchange that could take that wall away from him and call the bluff. 75btc isn't that much in the grand scheme of things and "fake" walls only stay up only for short amounts of time to minimize risk. It's still there...

Yes, still there.
Just my stupid scenario : (1) open limit sell order with three days volume for a young coin (2) start the panic, sell-off begins, buy cheap coins (3) if people buy in your sell wall, no worries, you have three days volume there, and you are selling coins you bought cheap (or get for free in premine) anyway (4) take your reward to Bahamas

Topic: [ANN][DCR] Decred - Community Governance | Bitcoin Devs | Lightning Network - page 257. (Read 1201380 times)