Average seller on Bittrex is trying to sell their Decred for: $91 in the USDT market and .01485 in the BTC market, around 30%-40% different from current spot price Didn't dive too deep on this but at a high level seems like a huge gap between the two
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Replying to @ImacallyouJawdy
Do you really think Decred has any chance to challenge the SoV market against Bitcoin? “No governance” and “Apolitical” nature of BTC is one of the things why it’s attractive. Why would a Central Bank buy Decred?
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Replying to @MustStopMurad
My investment in decred isnt as a substitute to bitcoin, but rather as a complement. Decred is resistant to minority forks, stupidly secure for a small project, moves quicker, but still forces community together on a single chain. My bet is speculative at this point admittedly...
3 replies 0 retweets 1 like -
Replying to @ImacallyouJawdy @MustStopMurad
Agree all an experiment. Incentives and punishment for bad stakeholder behavior from miners abandoning the chain and freezing their funds as price free falls is why I currently “trust” ppl won’t get involved in fuckery in dcr. Excited to see how it all plays out
2 replies 0 retweets 1 like -
Replying to @ImacallyouJawdy @MustStopMurad
In bitcoin miners are high time preference whereas vast majority of holders don’t run nodes to exercise their low time preferences. This is why running a node needs to go mainstream to take bitcoin to the next level of awesomeness
2 replies 0 retweets 0 likes
Obviously the vast majority of people won’t be running full nodes. But if 3% do so, that’d be great.
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