When #Bitcoin goes up to $200,000, what do you think the #decred will be？ - page 2.

electronicash

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Quote from: Sunderland on December 20, 2023, 10:40:55 AM

Quote from: king008009 on December 20, 2023, 02:39:38 AM

How many of you remember $dcr #DECRED Huh

I do still remember about Decred and here is the answer for the title of this thread:

When you compare a real Iphone with a fake one, the real one will always win. And in this case, Decred was designed to compete with BTC.
BTC definitely will gain more value in the future but Decred probably will only stay as an altcoin for a "mining play".

And when the BTC price hit $200k, DCR price also will rising but how high? perhaps only a few bucks.
The question is, why people need to use Decred while we can use Bitcoin?

it used to be a top coin but seems forgotten already. the current price is $15, checking on its data its more than $100 in the last bull run.

it's a very valid question as to why is there the need to Decred when there is BTC readily for everyone. so why did its price rise so high up to $100 when there is no use case.? i think because the coin is DPOS and anyone who stake will also make profits.

Sunderland

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Quote from: king008009 on December 20, 2023, 02:39:38 AM

How many of you remember $dcr #DECRED Huh

I do still remember about Decred and here is the answer for the title of this thread:

When you compare a real Iphone with a fake one, the real one will always win. And in this case, Decred was designed to compete with BTC.
BTC definitely will gain more value in the future but Decred probably will only stay as an altcoin for a "mining play".

And when the BTC price hit $200k, DCR price also will rising but how high? perhaps only a few bucks.
The question is, why people need to use Decred while we can use Bitcoin?

MAAManda

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If we calculate that $200K price with the current supply of Bitcoin (BTC), then we find the MC of Bitcoin (BTC) to be: $3,915,111,200,000. And that $200K price is almost 5X the current price, so if we were to estimate the pairing to the major altcoins it would probably be 6X - 9X.

From the case study above, we can conclude that if Bitcoin (BTC) reaches a price of $200K, the price of Decred (DCR) will be $88,92 - $133,38.

Samlucky O

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Quote from: king008009 on December 20, 2023, 02:39:38 AM

How many of you remember $dcr #DECRED Huh

I have not heard of it atol. Maybe you can throw more light on it. No matter what the case may be, I don't really think it will worth anything.

Sayeds56

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It is very challenging to predict the exact timing of Bitcoin reaching the $200,000 mark due to its inherent nature of high volatility. However, if all goes well on approval of spot Btoin's approval by SEC, and all applications are accepted including those from influential entities like BlackRock in early 2024, coupled with the historically positive impact on Bitcoin price since its inception in 2009. The cumulative effect of these event can potentially trigger bullish trend in late 2024.

In the light of all these positive factors , there is a possibility that Bitcoin might reaching $200,000 milestone in 2025. DYOR

batang_bitcoin

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While I am in favor to see Bitcoin goes $200,000 soon, I am familiar with decred like this was one of the popular coins during the 2017 bull run.
While it's known that most of the cryptocurrencies are going to be bullish whenever Bitcoin is bullish, so you probably are expecting or waiting for some people to tell you that it's going to be bullish. If so, I am not that person that you're waiting to say but I'd speak for general market if Bitcoin goes $200k. Btw, I truly like whenever someone says something like this for Bitcoin. Grin

king008009

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It claims to solve some of the problems in btc，Few come to mind:
-Treasury to not depend on outside money or donations.
- Governance, coinholders chose how Decred evolves, and how the treasury is spent.

fat buddah

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