Topic: [Vote] Decred. Genius Innovation or Utter Shitcoin? [Poll Reset] (Read 3056 times)

A PhD pharmacist, for sure.

Well said.

Now, I don't know much about decred (nor many of the other shatcoins for that matter) but sometimes you don't have to know anything fundamental to profit from these things.  The greater fool theory is in full effect, so I may take the plunge.  Not sure about decred but maybe ETH or something.  Too many suckers are making money and it pains me to see this.  But damn, if only I were smart enough to design my own shitcoin--I'd be Scrooge McDuck rich, rolling around in my piles of gold.

Are we supposed to be surprised that one out of a few thousand people dumped their coins? I'm certain that more than just one guy dumped, I don't see the significance of this at all. If no one dumped, there would be very little market volume, and the coin would have been deemed a failure. So people do sell, it does wonderful on both of the major exchanges it's on and... people still say it's a failure. Whatever, there will always be skeptics. As with all altcoins, it boils down to this - if you don't like the features and see nothing special in it, then simply don't put your time or money into it. As for me and the several other people who believe in this coin, we'll continue to spend our time watching this coin grow and develop.

There is a big pump on this coin usually happen on a new and so called promising coin but after the smoke people will dump this coin I've read on their thread one guy dump all of his airdrop coins so nothing extra ordinary on this coin really

these should be considered as  "innovation"

1.  i tried to mine this coin and it was very difficult, like 1 or less decred every day on 280x, would that be considered genius innovation considering that dev get from premine and subsidy

2. from https://dcrstats.com/  i can see Dev subsidy: 3.1195 DCR  Huh what was taht ?

3. premine was airdropped to attract shill and supporter

4. premine can be used to conduct pos mining   (see above 1 and 3)


this coin is indeed "genius innovation" lol

You're partially correct. There is not much new to Decred, but that doesn't automatically make it the other option - an utter shitcoin. Notice how many people voted "Brilliant coin. Solid team. I'm in." Sometimes just being associated with a group of people is enough for success. I'm not saying that Decred is the most revolutionary altcoin of the century, but I will say that the developers are going about the management of this coin perfectly - and that's all it really takes. People can hate and call it a shitcoin; regardless the coin is steady and will hopefully be added to more exchanges soon.

The code does not appear to be a copy and paste clone. However; since I have can't even program "Hello, World!" without a step by step guide, it doesn't take much to impress me.

So 2 full pages and still not even a sign of "Genius Innovation", I guess that says it all.

i was trying to not get involved until i read  "MZC I still support because I like the idea of a Native American currency."...u support that crackr payu harris,lol and his cronies, anon pirate and boxxa...gd luck , suppose u also believe his latest pump attempt saying ...he will be lakota nation mayor ,lol  and as for premine dammn payu got a shitload of mzc ready to dump on your ass daily.
And aswell as myself , many of my bitcointalk and twitter friends recieved 282 dcr as promised ( over 200 people afaik) , so stop talking shit about devs keeping the airdrop.
Either your butthurt u didnt get any coins or you want to buy cheap, why else would you create and monitor this forum?  ( no need to answer )  

Great insight and analysis I guess this applies to all the new coins coming up in the market i don't see much on this coin,they are making things shined in the eyes of investors,I have a taste of how their admins and devs works they ban people on their community that do not adhere to their beliefs ..

You are sort of right about MZC and MARYJ.

MZC I still support because I like the idea of a Native American currency.

MARYJ I tried to support but got put off when the dev started deleting critical comments.

lol ok, so where does MZC and Maryjanecoin fit in that mentality? Either you are butt hurt or stupid... I cannot decide which.

Everything you've stated is fairly obvious, and I have looked into premines, airdrops, and alternate ICOs. 'Some people' believe a lot of things, but the truth is that it costs money to maintain these massive networks, and ensure (to their best ability) there are no breaches. As a new coin that has received as much attention as it has, it has so far not shown any lack of security or developers with ill motives.

I don't understand what you mean by camouflaged, they practically come out and say that is what the premine's for - funding the developers, as are most ICOs. As I said in my post, the developers claimed that they won't touch the premine for 1 year, using it only for PoS. You really didn't explain to me why people dislike premines then "because some people do". It seems that you are trying your best to bash on Decred, any particular reason? It's nothing new, we get it, and it's obvious that the developers didn't walk away from launch penniless, but it has reputable developers and despite opposition it is succeeding.

I am very disappointed on their community and they banned my account without giving me warning,I am still surprised I have done anything wrong on why should they banned my ip I only ask two question about their airdrops and posted on their marketplace about my online store
..This is not a good community and coin to be involve it I now consider this coin as a shitcoin

Enthusiastic?


lol

It's to early to tell if this coin will succeed but judging from their community and how enthusiastic their developers are I'm sure this coin will go a long way,let's give them a benefit of a doubt and let them work their way to the top..

Part of it has to do with the psychology of economics.

Some people believe that a currency should not be made to benefit the people who made it or manage it, and that coins should be created as "clean" as possible, to be used as an accurate reflection of assets' (e.g., commodities') values, rather than starting a currency off with a certain percentage of that entire coin economy in the hands of people who become like kings if the coin is widely adopted.

There are other reasons people do not respect premines and those who promote them.

You should research it.

It is quite an important aspect of coins.

+1 Decred has amazing potential, could be the dark horse a year or two from now.

Imo Decred is great. It has an amazing dev team, and a really enthusiastic community. Sure, PoS/PoW hybrid coins aren't exactly new, but it's not really about who does it first. It's about who does it better. I never understand what people have against premines - sure, if there's a 20% premine that would be a little troubling, but 4% of the 8% premine went to airdrop, so please stop complaining about the massive amount of money the devs made straight off the bat. Devs have also committed that they wouldn't sell a single coin for a year, while c0 won't trade for two. (https://forum.decred.org/threads/the-projects-commitment.730)

 Of course these could just be words, but it's a bold commitment. I'm definitely biased towards Decred, because I did participate in Airdrop, still have all my DCR, and I am actively following the forums; I know the community fairly well, and I must say that this would be a lot of unnecessary effort just to scam us. The price has already risen to over 600k, so why haven't their been any massive dumps yet? I guess I was a little skeptical at first, but I decided, 'what the hell, even if it is a scam, I'll get an airdrop.' But since then, I've seen a large amount of dedication from both devs and community members. All I can say to skeptics is that there will be a time when you will wish you could have became involved with Decred while it was just taking off.

Actually that is exactly what this coin is.

Except there is no "really good idea"...

And the ICO is camouflaged as a huge premine given to investors.