[ANN][DCM] Digital Commerce 1.35 Mil coins 100% POS/Soon Anon/Accounting wallet.

youngwebs

legendary

Activity: 1080

Merit: 1055

DEV of DeepOnion community pool

Quote from: xamido on June 21, 2014, 04:28:38 AM

What i don't understand why despite all of this ipo money, the dev can't rent rigs for the multipool? The price is at the bottom, so whatever amount the dev make with the rig will become profit as they buy more through the multipool.

Or why can't they just rebuy all the coin until 5k and repeat everytime the price fall. With just 20 btc and rebuying everything below 5k they can hold a great amount of the coin that they won't dump (at least 400k of dcm).

That amount can then be used for bounty for projects.

Also community can help more: currently there are only 3 miners active on the multipool. The buy support for DCM is therefore very limited!
Point (a portion) of your miners to the pool, x11 is having good profitability at this moment.

If we reach 100 MH we can already buy 10% of daily volume int DCM just with multipool. This will give a very good minimum price base, once all small sellers are gone, they only way is up!
So send some of your hashpower to multipool and see what happens. If hashpower increases, price will increase which will give more attention to pool and coin, and you have self fullfilling prophecy of rising exchange!

http://dcm.multipoolmining.com JOIN TODAY

AltcoinRambo

full member

Activity: 148

Merit: 100

Quote from: ?? on ??

This coin can still be relaunched to appease the current market type if required.It is obvious that the people behind the coin are tier1 developers and credible individuals so no matter what steps are taken or rebranding etc people who already hold this coin should not be fooled into selling below what was paid initially in my opinion.

I still think that when the business world flocks towards digital currencies etc the possibilities are huge but if investors want something different for now to appease the coin hoppers then so be it. Cry

+1. Also, I think DCM would be more attractive to large investors if more people pulled their coins off bittrex onto their local wallets. With the current coin distribution any large investor will fear an instant dump by short-term holders. I'm pretty sure that if less than 40% of the coins were on Bittrex, the devs could probably get some serious investors to commit to the coin. This is in our hands people, everybody please do their part.

doremi

hero member

Activity: 654

Merit: 500

Quote from: xamido on June 21, 2014, 04:28:38 AM

What i don't understand why despite all of this ipo money, the dev can't rent rigs for the multipool? The price is at the bottom, so whatever amount the dev make with the rig will become profit as they buy more through the multipool.

Or why can't they just rebuy all the coin until 5k and repeat everytime the price fall. With just 20 btc and rebuying everything below 5k they can hold a great amount of the coin that they won't dump (at least 400k of dcm).

That amount can then be used for bounty for projects.

what do you expect?as i said before..money already inside their pocket via IPO,wth they throw back the money for? game over is the next phase..mark my words!

xamido

hero member

Activity: 532

Merit: 500

What i don't understand why despite all of this ipo money, the dev can't rent rigs for the multipool? The price is at the bottom, so whatever amount the dev make with the rig will become profit as they buy more through the multipool.

Or why can't they just rebuy all the coin until 5k and repeat everytime the price fall. With just 20 btc and rebuying everything below 5k they can hold a great amount of the coin that they won't dump (at least 400k of dcm).

That amount can then be used for bounty for projects.

Digithusiast

hero member

Activity: 886

Merit: 504

Kahir, you really do not get it. I do not want to exit at all, I want DCM to survive and become something in future.
With the current rate of DCM decline, only 233 DCM wallets and many new coins launched every day, DCM is rapidly being wiped out from the scene,
despite the beautiful intentions written in the ANN.

Quote from: kahir on June 20, 2014, 06:29:48 PM

Quote from: Digithusiast on June 20, 2014, 04:39:13 PM

A solution would be for the devs to use the budget for buying up large part of the total 824,847.83 DCM that is currently trading (or sleeping) on bittrex.
40 BTC would probably get 600,000 to 700,000 DCM back to the devs.

Next the devs set the freshly acquired DCM for sale on Bittrex, and make sure they use a minimum price of i.e. 15,000 SAT

That would put DCM back on track.
Devs would burn big part of budget on short term, only to increase the budget multiple times on the mid/long term

so u bought in at 15k ... and u want to exit breakeven

steady712

full member

Activity: 121

Merit: 100

Quote from: merk475 on June 21, 2014, 12:29:21 AM

Man....Bittrex withdrawals are taking FOREVER. It's been 3 hours and I still don't have my coins!

Yes..It's really a long wait but it works.

merk475

sr. member

Activity: 252

Merit: 250

Man....Bittrex withdrawals are taking FOREVER. It's been 3 hours and I still don't have my coins!

dogeberet

newbie

Activity: 41

Merit: 0

I am trying to upgrade my 1.0 QT Wallet on Mac OSX Maverick to the 1.02.

First, it will not compile from source with various errors. Then I tried to just download from the website, and it also crashes.

Anyone else having these issues? I changed the QT versions, and the db from 4.8 to 5 something and back, nothing seemed to change.

kahir

legendary

Activity: 1050

Merit: 1000

Quote from: Digithusiast on June 20, 2014, 04:39:13 PM

A solution would be for the devs to use the budget for buying up large part of the total 824,847.83 DCM that is currently trading (or sleeping) on bittrex.
40 BTC would probably get 600,000 to 700,000 DCM back to the devs.

Next the devs set the freshly acquired DCM for sale on Bittrex, and make sure they use a minimum price of i.e. 15,000 SAT

That would put DCM back on track.
Devs would burn big part of budget on short term, only to increase the budget multiple times on the mid/long term

so u bought in at 15k ... and u want to exit breakeven

Digithusiast

hero member

Activity: 886

Merit: 504

A solution would be for the devs to use the budget for buying up large part of the total 824,847.83 DCM that is currently trading (or sleeping) on bittrex.
40 BTC would probably get 600,000 to 700,000 DCM back to the devs.

Next the devs set the freshly acquired DCM for sale on Bittrex, and make sure they use a minimum price of i.e. 15,000 SAT

That would put DCM back on track.
Devs would burn big part of budget on short term, only to increase the budget multiple times on the mid/long term

Geenstijl

legendary

Activity: 1232

Merit: 1000

Quote from: Wallenstein on June 20, 2014, 04:00:46 PM

Quote from: Geenstijl on June 20, 2014, 03:36:45 PM

Focus on creating a decentralized black market like voot is aiming for? You guys got the budget to realize it much faster than they can I guess. It's also how bitcoin started...

It's not very original, but it's the type of commerce crypto is actually more useful then ordinary currencies. And it's a huge market: guns, drugs, organs, hostages & prostitutes. That's what all these nasty mofo's wanna buy. Create a nice environment for them Wink

Yeah, and then get taken down and sued into oblivion or actually go to jail. No thank you, I'll pass.

Ye you're right. Other options

Wallenstein

newbie

Activity: 56

Merit: 0

Quote from: Geenstijl on June 20, 2014, 03:36:45 PM

Focus on creating a decentralized black market like voot is aiming for? You guys got the budget to realize it much faster than they can I guess. It's also how bitcoin started...

It's not very original, but it's the type of commerce crypto is actually more useful then ordinary currencies. And it's a huge market: guns, drugs, organs, hostages & prostitutes. That's what all these nasty mofo's wanna buy. Create a nice environment for them Wink

Yeah, and then get taken down and sued into oblivion or actually go to jail. No thank you, I'll pass.

Geenstijl

legendary

Activity: 1232

Merit: 1000

Focus on creating a decentralized black market like voot is aiming for? You guys got the budget to realize it much faster than they can I guess. It's also how bitcoin started...

It's not very original, but it's the type of commerce crypto is actually more useful then ordinary currencies. And it's a huge market: guns, drugs, organs, hostages & prostitutes. That's what all these nasty mofo's wanna buy. Create a nice environment for them Wink

Kreativekrypto

full member

Activity: 196

Merit: 100

Hey all, I'm still looking into avenues we previously didn't consider for DCM, mainly because as a few of you stated, crypto is not exactly ready for a commercial mainstream coin (obviously this took all of us unaware). I didn't want to have to use cheap marketing tactics to bring us all some monetary success but it may be needed. I'll say this though, it would be extremely helpful to "outside whales" if we didn't have 95% of the coins on bittrex, right now it looks like a pure uphill battle for anyone to pump. This is the cold hard reality of this right now, if a large day trader looks at our block explorer and terrible distribution it will be almost an instant pass. I can only ask that those holding change that, inevitably it would help, but this is anyone's choice really.

Digithusiast

hero member

Activity: 886

Merit: 504

Good to hear. Been mining 5 days, and no payouts while many M shares have been submitted.
Why is the pool now stating the next payout is june 21 ?
where can I see my total of M shares submitted and not yet paid out?
If you want to attract more miners, a transparent overview of the pool and the miner stats are priority number 1.
It seems currently I am the only one stupid enough to mine for you at http://dcm.multipoolmining.com/ ...

oh, and another thing, the miner regularly reports: "Waiting for work to be available from pools..."
It seems your multipool does not even have work enough for 1 miner, who will soon be leaving the pool too.

Quote from: youngwebs on June 20, 2014, 05:19:30 AM

Quote from: Digithusiast on June 20, 2014, 02:12:33 AM

DCM withdraw and deposit not working for 4 days now, payout DCM multipool not processed for 4 days now.

Is anybody of the dev team working on this?

we just got reply to our ticket from bittrex, that withdrawals are enabled again. We will process multipool payouts somewhere today.

MarketMagic

hero member

Activity: 777

Merit: 777

Altbone inc.Burial service for altcoins

Digital commerce could form a company where the currency is just a part of its service.It could package together a whole range of services and be like a swiss army knife offering document exchange,conference calls like skype,email,fax whatever and be a one stop shop for both professionals and business.

Maybe one day in the future both communications,contracts and payments will be sent over the D-COM network

MarketMagic

hero member

Activity: 777

Merit: 777

Altbone inc.Burial service for altcoins

Quote from: Wallenstein on June 20, 2014, 01:06:04 PM

Quote from: MarketMagic on June 20, 2014, 12:57:35 PM

The questions also is "why would I bother converting my funds to Digital commerce if I have to first purchase BTC and then go to an exchange and buy digital commerce.It is too much hassle and about as efficient as the mundane online banking process.

Digital commerce would do better to have their own version of paypal linked directly to the customers bank account to overcome this.

These are huge barriers to the successful commercial market adaptive process and must be overcome with practical solutions for a market that is unforgiving to inconvenience or non performance.

I do believe though over the medium to long term range that this team will incorporate a commercial entity and have proper legal standing and commercial function.

This is a microsoft in the garage days in the 80's situation now but the evolution of technology and market process has multiplied in speed of adoption due to the digital age and if correct calculated steps are taken in a non rushed manner I believe the possibilities are well beyond what anyone is forecasting now and in fact their next public offering could be on the NYSE if they get it right.

If they dont they will be punished by the marketplace and sold into the dirt.

I'm guessing that you don't know the details about the regulations surrounding fiat conversion in the US. Lets just say that it's on a per-state basis and that our IPO budget is laughable when compared to the sums involved/required.

You are referring to collateral obligations?Then maybe secure branding and any patent worthy technology and approach investors with equity portion in hand.

MarketMagic

hero member

Activity: 777

Merit: 777

Altbone inc.Burial service for altcoins

In commercial enterprise with regards to medium of exchange key points to focus on are always proof of product-proof of funds-price-procedure-performance of buyer/intermediary means of exchange/seller.

The buyer wants the product+the seller claims to have the product(perhaps a form of validation of merchant by medium of exchange would add value to intermediary service provided by means of exchange)+buyer shows proof of funds+seller shows proof of product+procedure is discussed and agreed upon and payment method is then applied+performance guarantee of both buyer and seller can be assisted by means of escrow service in large transactions by digital commerce where this is requested by large commercial enterprise purchase/sales but simple efficient transaction for normal low value transactions.

Wallenstein

newbie

Activity: 56

Merit: 0

Quote from: MarketMagic on June 20, 2014, 12:57:35 PM

The questions also is "why would I bother converting my funds to Digital commerce if I have to first purchase BTC and then go to an exchange and buy digital commerce.It is too much hassle and about as efficient as the mundane online banking process.

Digital commerce would do better to have their own version of paypal linked directly to the customers bank account to overcome this.

These are huge barriers to the successful commercial market adaptive process and must be overcome with practical solutions for a market that is unforgiving to inconvenience or non performance.

I do believe though over the medium to long term range that this team will incorporate a commercial entity and have proper legal standing and commercial function.

This is a microsoft in the garage days in the 80's situation now but the evolution of technology and market process has multiplied in speed of adoption due to the digital age and if correct calculated steps are taken in a non rushed manner I believe the possibilities are well beyond what anyone is forecasting now and in fact their next public offering could be on the NYSE if they get it right.

If they dont they will be punished by the marketplace and sold into the dirt.

I'm guessing that you don't know the details about the regulations surrounding fiat conversion in the US. Lets just say that it's on a per-state basis and that our IPO budget is laughable when compared to the sums involved/required.

As for your other comments: no matter what we do, NYSE stock listing doesn't seem to be a realistic goal IMHO but thank you for your vote of confidence :-)

MarketMagic

hero member

Activity: 777

Merit: 777

Altbone inc.Burial service for altcoins

The questions also is "why would I bother converting my funds to Digital commerce if I have to first purchase BTC and then go to an exchange and buy digital commerce.It is too much hassle and about as efficient as the mundane online banking process.

Digital commerce would do better to have their own version of paypal linked directly to the customers bank account to overcome this.

These are huge barriers to the successful commercial market adaptive process and must be overcome with practical solutions for a market that is unforgiving to inconvenience or non performance.

I do believe though over the medium to long term range that this team will incorporate a commercial entity and have proper legal standing and commercial function.

This is a microsoft in the garage days in the 80's situation now but the evolution of technology and market process has multiplied in speed of adoption due to the digital age and if correct calculated steps are taken in a non rushed manner I believe the possibilities are well beyond what anyone is forecasting now and in fact their next public offering could be on the NYSE if they get it right.

If they dont they will be punished by the marketplace and sold into the dirt.

Topic: [ANN][DCM] Digital Commerce 1.35 Mil coins 100% POS/Soon Anon/Accounting wallet. (Read 82602 times)