Are You Still Purchasing At Current Price - 4,55 Dcr?

Discussion in 'Tickets' started by Tivra, Feb 25, 2016.

  1. 2017/12/15 - Decred v1.1.2 released! → Release Notes  → Downloads
  1. ay-p

    ay-p Full Member
    Developer

    Dec 7, 2015
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    Ubik likes this.
  2. 418Sec

    418Sec Member
    Advocate (Twitter)

    Jan 3, 2016
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    Anyone knows how exactly the next ticket price is calculated?
    I can see that it takes into account the number of tickets being bought in the last few rounds.
    Anyone knows the exact algo?

    PS. 7.83 DCR!!!! Stop buying those tickets.. let the price fall. :3
     
  3. MiloIce

    MiloIce Jr. Member

    Jan 18, 2016
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    Woah, 5000 dcr used by the developers to do PoS or just for testing? hmm?
     
  4. Grumlin

    Grumlin New Member

    Feb 25, 2016
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    it's not good news, where is keeping 12 and 24 months?
     
  5. ClokworkGremlin

    ClokworkGremlin Sr. Member

    Jan 10, 2016
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    Whatever I want.
    I actually just checked that, they said they wouldn't sell it and would limit their staking.
     
  6. Grumlin

    Grumlin New Member

    Feb 25, 2016
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    it's a joke??
    they have 840k dcr and limit stake???? ahaha
     
  7. davecgh

    davecgh Hero Member
    Developer Organizer

    Dec 31, 2015
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    United States
    I'm struggling to find your point. The greater community has >840k DCR (840k of which was given away via the airdrop + what has been mined + stake rewards). Is it a joke that the community is staking?

    One of the initial announcements the devs made very clearly stated that staking with the bring-up coins would be limited to match the community as is necessary in order to help stabilize and secure the early network. If you don't understand why this is necessary, I highly suggest you spend some time reading the Proof of Activity paper and several other posts on this forum that explain the fundamentals of how the hybrid PoW and PoS system works along with the security implications. The fact that most of the initial dev bring-up coins haven't been staked yet makes it patently obvious that has been the case.
     
    Grumlin and MiloIce like this.
  8. Grumlin

    Grumlin New Member

    Feb 25, 2016
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    I think that Devs wont mining stake so early:)
     
  9. CodyF86

    CodyF86 New Member

    Feb 14, 2016
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    I was right it was going to look like a sin wave lol... Only annoying thing is having the diff double over the course of a day then it get halved over the course of the next and rinse and repeat.

    Jumped to 9.61.
     
  10. sambiohazard

    sambiohazard Sr. Member

    Jan 21, 2016
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    I am not too worried with price, i set it to 10 and leave it there. Any profit is good profit so i am not trying to squeeze every last bit, never did that with mining either. And this is free money so any return is ok with me.
     
    michael sørensen likes this.
  11. michael sørensen

    Translator (Dansk)

    Jan 1, 2016
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    - I live in Denmark. - Electric bill, makes it "not so free" when running PoS. >.<
    ^ But I'm too lazy to set it up on the Amazon 1 year "free" thingy.
     
  12. sambiohazard

    sambiohazard Sr. Member

    Jan 21, 2016
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    yeah its different for everyone but even at $0.50/unit(highest rate i can see in a quick search) a RPi 2 consuming 10 watts and i am overstating power use here, its only $0.12/day. so even if you get avg 1 vote per day its very very profitable.
     
    michael sørensen likes this.
  13. michael sørensen

    Translator (Dansk)

    Jan 1, 2016
    130
    62
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    True. I've been thinking of setting up a RPi, but so much to do. And my laptop running 24/7 anyway, using 60 - 100w, (30 - 50 only, apparently.. Was with the miner running, it was up to 100w..)
    ^ Though, in Denmark. Consider a 1.000% tax, on power. <.<
     
  14. sambiohazard

    sambiohazard Sr. Member

    Jan 21, 2016
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    i calculate my power price by averaging amount & units for last 6-12 months unless some new tax is introduced but that is just minor variance IMO.

    EDIT: another thing to remember is if you jump into next cost bracket (if you have them for higher consumption) then price might change a bit more but that is mostly a concern while PoW mining.
     
  15. Grumlin

    Grumlin New Member

    Feb 25, 2016
    43
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    #95 Grumlin, Mar 4, 2016
    Last edited: Mar 4, 2016
    so, it's not smile, now no anybody buy the tickets almost, but devs buy it by 11.045 dcr for pcs. WHAT IS IT??? it's really disrespect for the community
     
  16. Kandiru

    Kandiru Member

    Feb 21, 2016
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    If the Devs do staking when the price is at a peak, I think that's probably a good thing in the long run. It'll help smooth out the stake difficulty curve a bit, otherwise what you get is the current massive spike in price, followed by 0 new stakes, then max 20/block staking after the price drops, then the price spikes again which leads to 0 new stakes...etc

    If the Devs stake at the maximum each time, it'll help stabilise the prices a bit.
     
  17. MiloIce

    MiloIce Jr. Member

    Jan 18, 2016
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    how sure are you that all the stake is being bought by the devs?
     
  18. Kandiru

    Kandiru Member

    Feb 21, 2016
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    It's from one of the 5k initial addresses, that's a "dev" one.
     
  19. MiloIce

    MiloIce Jr. Member

    Jan 18, 2016
    206
    26
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    care to share the address?
     
  20. Kandiru

    Kandiru Member

    Feb 21, 2016
    207
    87
    #100 Kandiru, Mar 4, 2016
    Last edited: Mar 4, 2016

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