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Topic: [Vote] Decred. Genius Innovation or Utter Shitcoin? [Poll Reset] - page 3. (Read 3056 times)

hero member
Activity: 952
Merit: 1000
www.pumpmycoin.com
why not, if we are going to talk about all the sins and bitcoin will go on it with zeal and stumbling to deceive themselves and make uncharacteristic decisions, when conducting work on the bugs and fill the void with meaning and after that to have the best over the old one, but this is something there, and I think bitcoin can go to sleep
hero member
Activity: 955
Merit: 500
Social FUD/astroturf campaigns are cheap and easy ways to try and control the narrative.

Whenever I see a little too much effort put into a fud post like this, I'm just gonna post a link to this article which explains why they're useful and used profligately throughout the cryptocurrency space. It's done by stakeholders of similar cryptocurrencies in order to protect the value of the one they're locked into, and it's also done by the fiat currency establishment in order to undermine, derail, or distract.

Have fun reading this article by way of my own little boilerplate FUD/astroturf neutralizer.

https://bitcoinmagazine.com/articles/i-m-a-former-green-beret-here-s-how-i-would-bring-down-bitcoin-1456165726

I am not a stakeholder in any competing currency.

I consider Decred a shitcoin but bought 0.03 btc worth, which is a lot for me, but will be watching sentiment towards the coin and will try to dump before the devs and other bag holders do.

So I am making money if it goes up and do not make any money if it drops, but consider the truth to be worth something too.
legendary
Activity: 1517
Merit: 1042
@notsofast
Social FUD/astroturf campaigns are cheap and easy ways to try and control the narrative.

Whenever I see a little too much effort put into a fud post like this, I'm just gonna post a link to this article which explains why they're useful and used profligately throughout the cryptocurrency space. It's done by stakeholders of similar cryptocurrencies in order to protect the value of the one they're locked into, and it's also done by the fiat currency establishment in order to undermine, derail, or distract.

Have fun reading this article by way of my own little boilerplate FUD/astroturf neutralizer.

https://bitcoinmagazine.com/articles/i-m-a-former-green-beret-here-s-how-i-would-bring-down-bitcoin-1456165726
hero member
Activity: 955
Merit: 500
Options have been re ordered and poll reset.
Original order and votes are as follows

1st reset
Brilliant coin. Solid team. I'm in. ............................................................................... .... - 45   (52.9%)
Price is rising so I buy, but not sure........................................................................... ..... - 3    (3.5%)
Shitcoin being pumped. Going to buy and try to make money before the premine dump. ..... - 19  (22.4%)
Why do people keep falling for these premined turdcoins?................................................ - 11  (12.9%)
Stop making polls you twat........................................................................... ................  - 7   (8.2%)

Total Voters: 85

-----

2nd reset
Why do people keep falling for these premined turdcoins?............................................. - 7 (15.2%)
Shitcoin being pumped. Going to buy and try to make money before the premine dump.... - 5 (10.9%)
Price is rising so I buy, but not sure........................................................................... ... - 3 (6.5%)
Brilliant coin. Solid team. I'm in............................................................................. ....... - 25 (54.3%)
Stop making polls you twat........................................................................... ................ - 6 (13%)

Total Voters: 46

-----

Decred has risen fast on heavy volume and seems to have some very deep pockets behind its development.

Is the following

...

The premine consists of 8% of the total supply of 21 million coins, meaning the premine consists of 1.68 million coins. ...


justified by

...

Maybe the following excerpts from press can serve as a TL;DR to highlight why people are excited about Decred:

Quote
Some of Bitcoin's developers have left the project and are now starting their separate digital currency called Decred, promoting an open governance model, which they say is missing in Bitcoin.

The new cryptocurrency is looking to solve what Company 0 CEO Jacob Yocom-Piatt said is the biggest problem with bitcoin: It’s controlled by a small group of external actors who decide how the service will evolve, often in spite of developer objections and to the detriment of users. To address the problem, former bitcoin developers are opting for a decentralized, community-based governance model. The Decred team also plans to introduce a number of features that include:

- A consenus-based system using proof of work and proof of stake;

- Hashing via the Blake-256 algorithm; Ed25519/secp256k1-Schnorr or secp256k1 signatures to improve software integration;

- Potential bitcoin compatibility.

Simply put, Decred wants to eliminate governance and decision-making issues that plague bitcoin while keeping many of the central functions intact. It makes sense: Bitcoin has garnered enough positive attention and investor confidence that there’s no need to reinvent the wheel. Rather, the cryptocurrency aims to coast along on bitcoin’s momentum with promises of improved security and better collaboration.

( From: https://securityintelligence.com/news/digital-currency-divide-bitcoin-decred-and-the-virtual-finance-future/ and http://news.softpedia.com/news/amid-bitcoin-centralization-worries-core-developers-start-new-currency-called-decred-498137.shtml )
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