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16271517 No.16271517 [Reply] [Original]

What the hell is Decred and should I care about it?

>> No.16271564
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16271564

>>16271517
charles lee hodl's it

>> No.16271571

>>16271517

It's like Bitcoin but has a coinvoting feature that allows the stakers to dynamically change the code in order to improve it.... Like added privacy recently... Lightning network...

It's like a more adaptable version of BTC that can hard fork whenever it needs an upgrade

It's unstoppable... It will take some time to really "get it" but people seem to be slowly coming to it... 33% up recently and it's just beginning .... It's the only alt that can compete with the king of you ask me, at least in the store of value category ...

The devs are ex Bitcoin devs they wrote the code that lnd of lightning labs is running

It's insanely undervalued... Im in Bitcoin since 2011 and I'd say this is the best opportunity other than being early in BTc

But most people will miss it....they will follow nonsense smart contract appcoin BS that gets peddled around here like link, req, iExec whatever it's called

>> No.16271619
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16271619

>>16271571
>NowThatsWhatICallAutism2019

Can you explain this for pic related?

>>16271564
Really? Didn't he dump all his litecoin at the top?

>> No.16271653

>>16271619
>Can you explain this for pic related?

read this link, it explains everything:

https://medium.com/@_Checkmatey_/decred-following-in-bitcoins-footsteps-f8d0e0bbaff5

In summary, its like buying bitcoin in 2011. Ridiculously undervalued. I shouldn't even be mentioning this as I'm not done accumulating.

>> No.16271672

>>16271517
Just buy FRM, desu. Verge-like gains in 2020.

>> No.16271694

>>16271619
yes he dumped his litecoin's and held (staked) his decred!

>> No.16271723

>>16271694

True, Charlie Lee has given up on Litecoin. Dumped on his followers and has officially moved too Decred. Quite sad really.

>> No.16271738
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>>16271653
I read the article. So it's basically supposed to grow the same as Bitcoin? Why not just hold Bitcoin then if the math is right?

>> No.16271737
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16271737

>>16271619

>> No.16271754

>>16271738

Imagine bitcoin as gold and decred as platinum.

https://www.youtube.com/watch?v=DtzDBnenYYY

>> No.16271822
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16271822

Decred goin on Coinbase soon! you heard it here.

>> No.16271870
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>>16271754
Alright, I'm interested. It's been pumping a lot lately though, should I wait for it to drop to buy in?

Would it be better to sell BTC or ETH to buy it?

>> No.16271899

>>16271517
Decred is a failed experiment. No point holding it

>> No.16271926

>>16271899
How so?

>> No.16271941

>>16271517
decred are people who dont understand miners govern bitcoin

zero reason to exist

>> No.16271954

>>16271926
No network effect and very little outside interest in the project. After 2017 this is a very bad sign, even crap like Cardano with no live network is more popular.

>> No.16271963

>>16271941
> Miners

You mean a few chinese running huge mining operations?

>> No.16271987

>>16271694
>>16271723
This is also not bullish. Hedge Funds will avoid Chink Lee's projects like the plague. Who would ever trust him again after such obvious insider trading?

>> No.16271988
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>>16271954
How do you tell what has good network effect? I want to avoid shit like cardano because my understanding is the pre-mine artificially inflates the market cap.

>> No.16272029

i buy every month since 2016 so please stop the shill and come back in a year or two...

>> No.16272073

>>16271988
Large amounts of user or vibrant ecosystem. Realistically only BTC and ETH have this right now. However, I'm still sceptical of both their futures.

>> No.16272236

>>16272073
What are you buying? Gold?

>> No.16272597
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>>16271517