DCRUSD 8/10/2021Note: NOT A FINANCIAL ADVICE TO BUY/LONG OR SELL/SHORT
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Decreed is a mineable coin but only few people knows that it has a potential of a great rewards. ASIC Miners to crypto mine this coin quite to rare to buy or most likely out of stock on the manufacturers website. If you have one, you're lucky. If you don't have, maybe just HODL ( Not a financial advice )
Seems the chart has a potential for more upside.
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Technical Analysis
Weekly
This coin has a potential for a 26x gains. Please see the chart
Daily
4HR & 1HR
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Note: NOT A FINANCIAL ADVICE TO BUY/LONG OR SELL/SHORT
DCRUSD trade ideas
DCR 4HR TIMEFRAME PREDICTIONso this is my prediction based on MACD,EMA,RSI,PITCHFOR and FIBONACCI
hope you can make profit
My Dark Horse Decred Decred looks interesting here after an 18.9% pullback from the all-time high set on 17 April last (Coingecko). We went long on 12 November last and are currently +1201%. This crypto has performed very impressively for the past 6 months and pullbacks generally find support at the 50 SMA. This is where we find ourselves today.
If you are looking to redistribute some gains from other projects, DCR/USD looks promising.
If you want to learn more about Decred, I would suggest looking here for a good overview of the project: www.coinbureau.com
Happy trading!
"Money can't buy you happiness but it does bring you a more pleasant form of misery." - Spike Milligan.
$DCR 2021-APR-01Decred is on the bottom of the rising channel and also poised for a local high watermark breakout. One to watch...
#crypto
Decred's Time To ShineThe time has come for DCR to fulfill its destiny as a permanent fixture in the top 10 cryptos by market cap. You know this. I know this. Everyone knows this. That DCR is currently fending off PancakeSwap (wat) and Voyager Token (huh) for the #47 spot on coinmarketcap is a special kind of travesty -- the kind that is also a major buy opportunity. Decred has all the ingredients needed to attract and retain widespread perpetual fomo and irrational long-term market growth to become a top 5 money factory:
old/mature project
active dev
sketchy af
objectively superfluous
needlessly convoluted
perpetually hype-able
The market doesn't reward boring, meaningful stuff with dull websites and built by real engineers to solve real-world problems. Nobody fomos that crap. We fomo-pump the stuff that looks flashy and peddles in buzzwords and sensational PR.
And that's why I'm long DCR.
DCRUSD: buy setupCMC #46
" What Is Decred (DCR)?
Decred (DCR) is a blockchain-based cryptocurrency launched in February 2016. The Decred token and protocol were created to facilitate open governance, community interaction, and sustainable funding policies.
According to the official whitepaper, Decred was created in such a way that the community approves all transactions and changes made regarding the protocol. Hence, there is no way for big Decred holders to manipulate the operation of the protocol. Decred was heavily influenced by Bitcoin and utilized many of the underlying principles of the original cryptocurrency.
Who Are the Founders of Decred?
The main driving force behind the creation of Decred is an enterprise called Company 0. Its mission is to use the capabilities of blockchain technology to create better personal data protection and to bring organizational liberty to projects.
Jake Yocom-Piatt is the founder and CEO of Company 0. Currently, he is serving as a project lead for the Decred project. His involvement with cryptocurrency and blockchain technology spans over more than ten years. Code written by Jake Yocom-Piatt has been used in the composition of several Bitcoin-related projects, including the creation of Lightning Network Daemon.
Marco Peereboom is the chief technical officer of Company 0. He is the direct supervisor of several teams on the Decred project, including development, security, and infrastructure. Mr. Peereboom’s career includes positions in companies like Dell, where he was a Senior Architect. He has been at Company 0 for more than five years, and his involvement with the Decred project is essential for the successful launch of the cryptocurrency.
What Makes Decred Unique?
Decred is an innovative project because it bets on blockchain technology’s decentralized nature to prevent monopoly over voting status in the project itself. One of the main goals of the Decred protocol is to ensure that all DCR holders have the same amount of decision-making power and that large institutions cannot swing the votes in their favor.
By introducing ticket-holder voting, Decred ensures that people who have enough DCR will have the opportunity to participate in votes regarding the company/token’s future and operations. Decred also created a dedicated voting platform called Politeia, which allows users to participate in votes, submit proposals and start discussions.
Not only that, but to ensure those voting rights, Decred is employing a hybrid consensus mechanism, which combines both the proof-of-work (PoW) and proof-of-stake model (PoS).
How Many Decred (DCR) Coins Are There in Circulation?
Decred plans to issue a total of 21,000,000 tokens. Currently, about 60% of these tokens have entered circulation.
Of the 21 million tokens, 8% were mined before the launch of the protocol. Half of these pre-mined coins went towards an initial airdrop, while the other half was distributed to cover costs acquired by Company 0 during the development of the protocol.
The initial airdrop was designed to reward interested parties by giving them free Decred (DCR) tokens. Tokens were distributed among participants who had registered for the airdrop event beforehand.
How Is the Decred Network Secured?
Decred uses a hybrid PoW/PoS consensus mechanism, which combines features of the two most popular consensus models. The cryptocurrency uses proof-of-work (PoW) to mine new blocks on the blockchain; however, miners receive only 60% of the reward after a successful mining operation.
The proof-of-stake (PoS) consensus is used in the voting organization, and it allows users to participate in the ticket-holder voting system. Voters employing the PoS consensus receive 30% of the block reward.
The remaining 10% of block rewards are stored in the Decred Treasury. Decred hosts frequent Politeia discussions and votes on how the funds from the Decred Treasury should be spent." source: coinmarketcap
THE TRUE BITCOIN CONTENDERi followed decred since 2018. Their community reminds me of bitcoin during 2013 bunch of fanatics, hard working and believers.
the coin is same as bitcoin but better, it even has governance , privacy and etc etc for the disclaimer i have 1000 dcr at 14$ because i knew that bitcoin wanted to do all these things but failed. Only reason bitcoin has value is its originality and CIA created it... the rest is garbage. Decred is decentralized, while bitcoin has 1 million btc controlled by hidden group! aka satoshi
DECRED on the MoveDecred has seen impressive gains since October 2020. We went long DCR/USD on 15 October and have enjoyed a gain of 409%. Moving averages continue to rise and we remain bullish on Decred for the long term.
The lates news is that Decred v1.6 has been released. This sees:
- A new consensus vote to decentralize the Decred Treasury.
- Admission tickets Streamlined and private staking.
- Improved Privacy: Coin mixing built directly into Decrediton enables anonymizing your Decred.
- Connect your wallet to the Lightning Network to send payments quickly and cheaply.
Decred employs an innovative hybrid Proof-of-Work/Proof-of-Stake system that layers security and carefully aligns incentives. This system yields the best of both worlds, making it an order of magnitude more expensive to attack than pure Proof-of-Work or pure Proof-of-Stake.
DECRED WILL OUTPERFORM MOST CRYPTOS IN 2021Hey.
Not gonna go deep into this. I was studying cycles, patterns, fractals a lot in 2020, and now that cryptocurrencies are heating up, I see this scenario on $DCR.
There are many other good cryptos that will do well, but this coin should be in top 5 if not 1st place by the gains that it will create for investors. TARGETS : $ 1700 / $3700
Do what you think is best with this fractal and information, this is not a financial advice.
Enjoy 2021, God bless!
DCR/USD wyckoff accumulation on lower time frameDecred's USD pair is completing another wyckoff accumulation right now. Don't miss the boat.
DECRED: A 3 MONTH RALLYWe went long Decred on 12 November and are currently +256% on the trade. Decred is trading at $55 just above its 8 day EMA ($54) and well above its 50 day SMA ($33).
We remain long Decred for the long-term but would take some profits off the table if support at $50 is breached.
Falling wedge to inverse H&S in playDecred has had a drawn out retracement almost back to the starting line. It's currently forming a descending wedge which could be set up for a reversal. The setup would be a breakout of the falling wedge forming the right shoulder of an inverse H&S setup which would propel us back to retest local highs.