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Topic: Decred up 90% in 24 hours (Read 2620 times)

legendary
Activity: 3038
Merit: 1024
Leading Crypto Sports Betting & Casino Platform
March 28, 2017, 07:58:26 AM
#29
Decred is down with 37% on Polo, so it will increase a few days later as I see Smiley
Or the dump will be continue, As far as I know if there is a pump on decred and it totally a fake pump. and just the trick by the whale to get more money. Trust me DCR will down again in the future.
hero member
Activity: 532
Merit: 500
March 28, 2017, 07:47:16 AM
#28
Decred is down with 37% on Polo, so it will increase a few days later as I see Smiley
sr. member
Activity: 444
Merit: 250
March 28, 2017, 02:56:43 AM
#27
Anyone know the reason?
I tried to search for some clues on Decred's official forum, here: https://forum.decred.org/
But there is not much activity going on there. Barely any recent discussions.
So without any serious news, it is safe to assume that it's standard pump&dump action.

No need to assume. It is surely a pump. We have seen this occur many times in a cryptocoin's trading cycle. It will be pumped and then dumped then pumped again to the traders delight. When there is no more bitcoins to be made because the newbies ran out of money they leave. Then the coin fades in trading and sometimes delisted by the exchange because the volume is very low.

Yup, it is a pump. The real question is how far the pump will take the price of DCR. I heard some rumors if DCR's supply getting reduced. Is it true? If not, it might be good to short it now.

Supply getting reduced is purely gossip, you can short it whenever you want and no one stopping you from doing it.
full member
Activity: 154
Merit: 100
Dapps will be the game changer
March 28, 2017, 02:32:43 AM
#26
Anyone know the reason?
I tried to search for some clues on Decred's official forum, here: https://forum.decred.org/
But there is not much activity going on there. Barely any recent discussions.
So without any serious news, it is safe to assume that it's standard pump&dump action.

No need to assume. It is surely a pump. We have seen this occur many times in a cryptocoin's trading cycle. It will be pumped and then dumped then pumped again to the traders delight. When there is no more bitcoins to be made because the newbies ran out of money they leave. Then the coin fades in trading and sometimes delisted by the exchange because the volume is very low.

Yup, it is a pump. The real question is how far the pump will take the price of DCR. I heard some rumors if DCR's supply getting reduced. Is it true? If not, it might be good to short it now.
full member
Activity: 373
Merit: 100
March 27, 2017, 03:33:05 AM
#25
Since LTC founder likes DCR, I guess LTC and DCR will exchange the market cap rank?

Why should that happen?
legendary
Activity: 3010
Merit: 1460
March 26, 2017, 07:49:44 PM
#24
Anyone know the reason?
I tried to search for some clues on Decred's official forum, here: https://forum.decred.org/
But there is not much activity going on there. Barely any recent discussions.
So without any serious news, it is safe to assume that it's standard pump&dump action.

No need to assume. It is surely a pump. We have seen this occur many times in a cryptocoin's trading cycle. It will be pumped and then dumped then pumped again to the traders delight. When there is no more bitcoins to be made because the newbies ran out of money they leave. Then the coin fades in trading and sometimes delisted by the exchange because the volume is very low.
sr. member
Activity: 246
Merit: 250
March 26, 2017, 07:07:24 PM
#23
where can i short it with leverage?  Smiley

No place you can short it, only short with selling.
member
Activity: 98
Merit: 10
March 26, 2017, 02:44:05 PM
#22
Congrats man.  I actually just saw this in the new Crypto Times episode and my jaw dropped. 

Nice score, hope it continues, but this PIVX rocket is still in launch position.

I dont think it will take off too much before they fix their treasury system.


Enjoy it. I am. Never have all your eggs in one basket


I have all my crypto eggs in 2 baskets, but overall, crypto is like a tiny little basket with 2 little eggs in it for me.

Just hoping those eggs hatch into dragons instead of chickens.

I tried to search for some clues on Decred's official forum, here: https://forum.decred.org/
But there is not much activity going on there. Barely any recent discussions.
So without any serious news, it is safe to assume that it's standard pump&dump action.

Given how much it went up how quickly I believe this is highly probable.

Decred doesn't deserve to moon until their treasury is actually decentralized and holders vote on where it is spent, IMO.

Then once they sort privacy (they say mid year they will START working on it) it can go to mars.

So still another couple of years yet I think.
hero member
Activity: 1034
Merit: 558
March 26, 2017, 12:08:57 PM
#21
where can i short it with leverage?  Smiley
full member
Activity: 211
Merit: 100
March 26, 2017, 12:07:55 PM
#20
I'm sorry Cryptohunter, Assman and Decentralized, but I'm just feeling too smug not to point it out Smiley

To all your credit PIVX keeps bouncing up a lot higher off its bottoms than I expect it too.

I am not sure where this sudden Decred pump is coming from there's nothing new released as far as I'm aware so it may correct itself back down again and wipe the smile off my face, we will see.

I am just looking forward to seeing what happens with Decred when they do their "big" 1.0 release next month. I hope they get their treasury system decentralized and set up with the voting soon because that's my biggest issue with Decred right now I'm not sure if that's supposed to be coming in this release or a bit later.


Congrats man.  I actually just saw this in the new Crypto Times episode and my jaw dropped. 

Nice score, hope it continues, but this PIVX rocket is still in launch position.
legendary
Activity: 1288
Merit: 1000
March 26, 2017, 11:28:00 AM
#19
Anyone know the reason?
I tried to search for some clues on Decred's official forum, here: https://forum.decred.org/
But there is not much activity going on there. Barely any recent discussions.
So without any serious news, it is safe to assume that it's standard pump&dump action.
legendary
Activity: 2100
Merit: 1167
MY RED TRUST LEFT BY SCUMBAGS - READ MY SIG
March 26, 2017, 11:18:28 AM
#18
I'm sorry Cryptohunter, Assman and Decentralized, but I'm just feeling too smug not to point it out Smiley

To all your credit PIVX keeps bouncing up a lot higher off its bottoms than I expect it too.

I am not sure where this sudden Decred pump is coming from there's nothing new released as far as I'm aware so it may correct itself back down again and wipe the smile off my face, we will see.

I am just looking forward to seeing what happens with Decred when they do their "big" 1.0 release next month. I hope they get their treasury system decentralized and set up with the voting soon because that's my biggest issue with Decred right now I'm not sure if that's supposed to be coming in this release or a bit later.







Enjoy it. I am. Never have all your eggs in one basket

sr. member
Activity: 826
Merit: 250
March 26, 2017, 10:44:28 AM
#17
Anyone know the reason?
It's called manipulation AKA PUMP & DUMP.

Yes it's true nothing behind this rise just for short time of rise than will go to bottom line again.
legendary
Activity: 1218
Merit: 1006
March 26, 2017, 10:40:10 AM
#16
Anyone know the reason?
I strongly believe this is another bull run by whales to dump on top. Anyone buying at this peak will definitely loss so much within next 24 hour.
member
Activity: 118
Merit: 10
March 26, 2017, 10:04:03 AM
#15
It has been growing about 4000% under three months! I don't think it's a pump and dump. Just that the supply is very low, condidering around 40% of the 5 million coins mined are locked staking. DCR has been gaining attention due to the very interesting governance model, there has been recently a presentation at Coinbase, and they have an ambitious roadmap. What happens when big bags are coming and the supply is low? The price increase is what happens!
legendary
Activity: 1981
Merit: 1039
March 26, 2017, 05:54:28 AM
#14
I dont see what makes DeCred's any better than the other 600+ wallet-QT knock offs.  Does anyone have any insight other than listing the same features as every other wallet-QT with GUI interfaces and in this case I guess Charlie Lee's endorsement?  If this is all that it has going for it then I would say its way over valued.  That said, seems like a pump and dump to me as well but hey look at DASH, who knows where it might stop and how little or hard it may pull back.


pretty simple decred isn't a wallet-QT or a fork of bitcoin, is writed from scratch in golang, its wallet doesn't use QT at all, paymethus wallet use .net decredition wallet use electron  Grin
newbie
Activity: 19
Merit: 0
March 26, 2017, 05:50:48 AM
#13
My guess is that it's related to the "hardfork voting" feature slowly taking form. That's in sharp contrast to the way Bitcoin is doing controversial updates.

Governance is an unsolved problem in cryptocurrencies. Decred at leasts does offer a new model that can be experimented with. It is unknown if it will work better than "benevolent dictators" or "chaotic voting" like in BTC, but it's worth a try.
legendary
Activity: 2590
Merit: 1022
Leading Crypto Sports Betting & Casino Platform
March 26, 2017, 05:19:03 AM
#12
Anyone know the reason?

all coins increased recently, the reaosn is that money from bitcoin move to altcoin, and a 90% increase is nohing extraordinary, every coins now is +90% or more, like ethereum and dash which are 300-400%, why people are astonished for something like this? it's pretty normal in crypto
sr. member
Activity: 618
Merit: 292
March 26, 2017, 05:15:47 AM
#11
I dont't think, that DCR is the most undervalued coin.
I think, it was the most undervalued coin.
What the future might bring ... we'll see.
Just glad, that I sold my coins at 0.015 this night.
What a nerve cracking thriller ...
newbie
Activity: 4
Merit: 0
March 26, 2017, 05:12:08 AM
#10
I dont see what makes DeCred's any better than the other 600+ wallet-QT knock offs.  Does anyone have any insight other than listing the same features as every other wallet-QT with GUI interfaces and in this case I guess Charlie Lee's endorsement?  If this is all that it has going for it then I would say its way over valued.  That said, seems like a pump and dump to me as well but hey look at DASH, who knows where it might stop and how little or hard it may pull back.

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