Estimations Or Predictions On Decred's Cost

Discussion in 'Marketplace' started by ZomaX, Jan 10, 2016.

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

    ZomaX Member
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    Jan 10, 2016
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    Hello, I just joined the forum today, although I signed up for the Airdrop about a month ago. I saw a few posts about when it will be sold, and how it will probably be exchangeable on websites like BitTrex - that got me curious about the exchange rate of Decred. Does anyone have any predictions on where Decred will fall on the value scale? Also, how much do you think it will take to mine a significant amount? I'm thinking it will probably start somewhere around Ripple's (XRP) price and go up from there.
     
  2. #2 hendrayoga, Jan 10, 2016
    Last edited: Jan 11, 2016
    Wolf0 likes this.
  3. anvoice

    anvoice Member

    Dec 22, 2015
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    It will not start at anything predictable.
     
  4. ZomaX

    ZomaX Member
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    Jan 10, 2016
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  5. jimmy16

    jimmy16 Jr. Member

    Jan 8, 2016
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  6. block

    block New Member

    Jan 11, 2016
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    Price could be even 10 or 10000k satoshi at launch. no one knows.
    If there are farm with 100+ gpu mining at launch they of course are ging to sold many coins and price will drop.
    Then could rise if dev deliver every day or week something new.
     
  7. block

    block New Member

    Jan 11, 2016
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    Remember eth, it was supposig as the new revolutionary blockchain.
    After initials pump e dump, rice now is low, and profit by mining is near zero.
    Cause eth dev don't deliver new stuff and crypto system is moving very fast nowadays
     
  8. Price will high if more people become developer on Decred network
     
  9. Dyrk

    Dyrk Sr. Member
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    Jan 7, 2016
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    Wonderland
    I think that decred trades will open on 0,40 - 0,45$ at launch, and in next 3-4 weeks price will fall down to 0,01-0,05$.
    After this next 3 months price will start grow to 0,65 - 0,70 $
     
  10. Johnshpon3

    Johnshpon3 Member

    Dec 25, 2015
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    Hmm, if you are right I will buy few thousand at price 0,01. But I doubt that price would be so low, because I think nobody would sell so low. If price really will fall down to that level that mean Decred is doomed. Only my humble opinion. :)
     
  11. Decred price will up if Google who has developed GoLang (that used by Decred) add payment via Decred on his Playstore
     
  12. 418Sec

    418Sec Member
    Advocate (Twitter)

    Jan 3, 2016
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    Hahaha... :D
    Thats a nice idea.
    Devs can email google with this idea.
    It will make Go and Decred both very popular!
    Win-Win. xD
     
  13. jimmy16

    jimmy16 Jr. Member

    Jan 8, 2016
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    To have true value it needs to be usable by people who need some thing. for example the price of BTC is holding right now and moving in a bull market because of use. when John Q public buys BTC its for immediate use not investment, he don’t care what price it is. he just needs it to transfer buying power on the market. if you what DeCred to have value build a market for it. it is not magic or smoke. build it they will come.
     
  14. jimmy16

    jimmy16 Jr. Member

    Jan 8, 2016
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    1) get listed on a current exchange
    2) build a P2P trading site.
    3) incorporate a selling link in the wallet to the P2P site
    4) build a market for the DeCred coin ie. ebay type of site
     
  15. RegenX

    RegenX Jr. Member

    Jan 2, 2016
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    agree that the key to prosperity is in widespread application of Decred

    I had an idea for a different approach than #4

    An app to speed adoption and use of DeCred

    One popular new vehicle for Decred as launch?

    To get Decred off to a flying start in the Bitcoin-dominated sphere, Decred should create a new service, which requires the exclusive use of Decred.

    I had the idea of a new service called Bet-Debit.com .
    ~~~~~~~~~~~~~~
    Hypothetical new Bet-Debit App:

    Example: Say you are a merchant selling goods or services available in Decred and/or Bitcoin. You already list all the usual payment systems buttons on your site ( Paypal, Visa, etc.) shopping cart checkout. Now you can add a new payment button give your customer the option to pay via Bet-Debit.

    with Bet-Debit, your customer can opt to pay you in Decred coins ,
    at a % discount if paid via Bet-Debit.

    Bet-Debit is affiliated with the most reputable of online casinos accepting Bitcoin/Decred.

    Your customer chooses the Bet-Debit payment option.
    33% of the bill owed to you by your customer is then automatically bet on casino roulette. The participating online casinos are well-established bitcoin-accepting casinos.

    The merchant assumes the risk for the 33% loss when he makes that item payable by Bet-Debit. So by making your item or service available via Bet-Debit, you are putting your item on sale by taking the risk that the 33% will be lost, and you are also giving your customer a chance to win his item for free. Using Bet-Debit is a means of making your product more attractive and affordable.

    Any winnings from the 33% which was bet go to the customer. The customer can continue to play , but any winnings first go towards covering the debit /bill/price of the item . This rule continues until the winnings cover the cost of the transaction in its entirety. The customer can continue to play even after the item is paid for via the Bet-Debit winnings.
    Any excess winnings after this are credited to the customers Bet-Debit account with the casino.

    The customer can cash out or continue playing at any time.
    ~~~~~~~~~~~~~~~~~~~~~~~

    - The participating casinos would love this system , as it would obviously bring in a large number of new customers and money.

    - This Bet-Debit service is only conducted in Decred currency

    - casinos wishing to participate agree to offer no other competing system of the same kind, using any other alt. coin.

    -If the legality of this system is questionable in some countries, then this is exclusive to casinos which can legally do this.

    -If this became a popular service, it would be a leap for Decred in mainstream usage and acceptance.

    -The people in Decred are the people technologically capable of creating this.

    -Merchants benefit from extremely pleased customers who had a good outcome , and can use it as a promotional
    advantage over competitors.
    If you like this idea please pass it along to anyone here who you think could take it on as a side app development for Decred. I already have a graphics designer interested in helping. What we need are people skilled in programming to create the actual site and payment mechanisms via Decred and then a demo video to demonstrate the system to interested bitcoin casino sites.
     
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  16. jimmy16

    jimmy16 Jr. Member

    Jan 8, 2016
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    step 4 it my post can and should be many options
     
  17. Freedom2Choose

    Freedom2Choose Full Member
    Designer

    Dec 17, 2015
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    If you look at the first few weeks of most new coins on coinmarketcap they almost all have an initial spike followed by a crash and then leveling out. So I would imagine this coin will follow that as well. It will start at $0 and probably shoot close to $0.49 followed by a spike to $1.50 - $3.00 (maybe even $6.00 - $7.00 range) then come back down to right around $1.00.

    The last airdrop coin that I followed was Auroracoin. It hovered in the sub $1.00 range pre launch. After launch it hit nearly $100.00 before plummeting to just cents.
     
  18. jimmy16

    jimmy16 Jr. Member

    Jan 8, 2016
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    Well DeCred only has 8% pre mine. about 1,760,000
     
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  19. Freedom2Choose

    Freedom2Choose Full Member
    Designer

    Dec 17, 2015
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    I think the Auroracoin was a 50% premine, when every citizen having a chance to claim their share.
     

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