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Topic: [ANN][DCR] Decred - Community Governance | Bitcoin Devs | Lightning Network - page 31. (Read 1201844 times)

legendary
Activity: 2165
Merit: 1002
Stagnant or slowly falling prices means people have no incentive to keep them in exchange if they are not planning to sell/dump. Therefore, if they are gonna keep them in wallet they might as well stake whatever the ticket price.

When prices are volatile however, people want to be ready to sell at the high point, so fewer tickets are able to stake. I have in fact noticed that prices tend to go down during high price movement.

Then we both agree to the post I made before this?

I then believe that it would be the better move to buy now, and wait for moments of high price movement before buying tickets. Cool

You say more decred bought because of low (coin) price means more tickets can be purchased but I don't see how. Decred bought by someone is decred sold by someone else. It does not affect their ability to become locked in tickets (after transaction is mature of course).

Also, I have the impression that ticket price fluctuates in order to maintain an ideal amount of coins locked in staking. It's not determined by market forces the way the coin price is. Though it does have the goal of affecting the incentives to buy or not buy tickets.

Anyway, as I said, my observation so far is that volatility affects ticket price much more than coin price does. If ticket pool starts getting low because people want their coins free and ready to use in speculating moves in an exchange wallet, you need a lower ticket price to tempt them to lock them. Effectively, you are driving up the interest rate.
In times of relative stability however, where there is reduced speculation, many people are willing to lock their coins for whatever return, which is better than nothing.

But all this seems to have little to do with the actual coin price level, whatever that is at any given period.
sr. member
Activity: 1181
Merit: 259
Ticket prices are spiking!

Soo much DCR locked up...

Some institutional money has set up staking pools.
Rising ticket price is not an ideal situation for small stakeholders (although they have the option of ticket splitting), but it could be good for the price (in the medium term).
With patience, I think we might see price growth reflect the ticket price growth.


I believe the opposite. Because some investors might start planning to sell their Decreds instead of joining the voting pools to catch profits from a large surge in price, which could be worth more denominated in Bitcoin than the staking rewards.

Eh, I think the reality is closer to something like: "ticket price cannot continue in upwards trend without changes in DCR market price, because some will stop buying tickets if ticket ROI becomes too low." (we're already <1% ROI/ticket).

But that is 1% on average every 28 days, still not to shabby.
legendary
Activity: 2898
Merit: 1823
Stagnant or slowly falling prices means people have no incentive to keep them in exchange if they are not planning to sell/dump. Therefore, if they are gonna keep them in wallet they might as well stake whatever the ticket price.

When prices are volatile however, people want to be ready to sell at the high point, so fewer tickets are able to stake. I have in fact noticed that prices tend to go down during high price movement.

Then we both agree to the post I made before this?

I then believe that it would be the better move to buy now, and wait for moments of high price movement before buying tickets. Cool
legendary
Activity: 2165
Merit: 1002
Stagnant or slowly falling prices means people have no incentive to keep them in exchange if they are not planning to sell/dump. Therefore, if they are gonna keep them in wallet they might as well stake whatever the ticket price.

When prices are volatile however, people want to be ready to sell at the high point, so fewer tickets are able to stake. I have in fact noticed that prices tend to go down during high price movement.
hero member
Activity: 1106
Merit: 504
That is only meaning of decline in price to buy more and I fully agree on this. I also saw decentralized exchange proposal if this gets approved will be amazing thing. I have returned recently with buying little coins as timing has started to be favorable for cryptocurrencies. It is accumulation time where markets started to give positive signals with nice gains.
legendary
Activity: 2898
Merit: 1823
If Decred goes down, lower price mean more Decreds can be bought, more Decreds bought mean more tickets can be purchased. Higher price would mean less Decreds can be bought, it's also time to take profit from the investment, and it would also mean declining purchase of tickets.

Tell me what's wrong in that logic.
legendary
Activity: 1164
Merit: 1010
Ticket prices are spiking!

Soo much DCR locked up...

Some institutional money has set up staking pools.
Rising ticket price is not an ideal situation for small stakeholders (although they have the option of ticket splitting), but it could be good for the price (in the medium term).
With patience, I think we might see price growth reflect the ticket price growth.


I believe the opposite. Because some investors might start planning to sell their Decreds instead of joining the voting pools to catch profits from a large surge in price, which could be worth more denominated in Bitcoin than the staking rewards.

Eh, I think the reality is closer to something like: "ticket price cannot continue in upwards trend without changes in DCR market price, because some will stop buying tickets if ticket ROI becomes too low." (we're already <1% ROI/ticket).
legendary
Activity: 2898
Merit: 1823
Ticket prices are spiking!

Soo much DCR locked up...

Some institutional money has set up staking pools.
Rising ticket price is not an ideal situation for small stakeholders (although they have the option of ticket splitting), but it could be good for the price (in the medium term).
With patience, I think we might see price growth reflect the ticket price growth.


I believe the opposite. Because some investors might start planning to sell their Decreds instead of joining the voting pools to catch profits from a large surge in price, which could be worth more denominated in Bitcoin than the staking rewards.
legendary
Activity: 1118
Merit: 1004
Ticket prices are spiking!

Soo much DCR locked up...

Some institutional money has set up staking pools.
Rising ticket price is not an ideal situation for small stakeholders (although they have the option of ticket splitting), but it could be good for the price (in the medium term).
With patience, I think we might see price growth reflect the ticket price growth.
legendary
Activity: 1932
Merit: 1005
price is going down, and down, down and.....
then to the moon to 0.02btc/dcr
don't see that happen soon but for sure decred will be there when crypto get;'s bullis again
legendary
Activity: 2898
Merit: 1823

It's normal process on in active market actually altcoins following the trend of BTC if this will get bullish sentiments than surely other will start moving into same direction. I like this coin so much and that is the reason this is on my portfolio as long term investment.


But not that closely followed by Decred. Sometimes I see Decred's price go up while most of the altcoins follow Bitcoin go down.

I believe it's Decred's ticket buying market, it's making it have a different kind of dynamic relative to the whole cryptocurrency market.
legendary
Activity: 1540
Merit: 1002
It's normal process on in active market actually altcoins following the trend of BTC if this will get bullish sentiments than surely other will start moving into same direction. I like this coin so much and that is the reason this is on my portfolio as long term investment.
legendary
Activity: 2898
Merit: 1823
price is going down, and down, down and.....


But ticket prices go up and up. Angry

Is there a site that shows how much Decreds are locked in staking pool in total? Because a correlation might be forming here. If Decred's price is low, then more holders = higher ticket prices. If Decred's price is high, more sellers totake profit = lower ticket prices?

from:
https://dcrstats.com/

Current PoS pool value is 4 556 994 DCR,
 it's 48.69 % of total available supply.


I would expect the price to be rallying if that much supply was held, and away from the market, but it's not. It's disapponting, but a good sign at the same time since all Decreds sold will go to stronger hands, preparing it for the next bull market.
hero member
Activity: 1085
Merit: 500
legendary
Activity: 2184
Merit: 1028
#mitandopelomundo
legendary
Activity: 2165
Merit: 1002
price is going down, and down, down and.....


But ticket prices go up and up. Angry

Is there a site that shows how much Decreds are locked in staking pool in total? Because a correlation might be forming here. If Decred's price is low, then more holders = higher ticket prices. If Decred's price is high, more sellers totake profit = lower ticket prices?

from:
https://dcrstats.com/

Current PoS pool value is 4 556 994 DCR,
 it's 48.69 % of total available supply.
legendary
Activity: 2898
Merit: 1823
price is going down, and down, down and.....


But ticket prices go up and up. Angry

Is there a site that shows how much Decreds are locked in staking pool in total? Because a correlation might be forming here. If Decred's price is low, then more holders = higher ticket prices. If Decred's price is high, more sellers totake profit = lower ticket prices?
legendary
Activity: 2893
Merit: 1158
price is going down, and down, down and.....
then to the moon to 0.02btc/dcr
legendary
Activity: 2184
Merit: 1028
#mitandopelomundo
newbie
Activity: 80
Merit: 0
price is going down, and down, down and.....
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