I completely agree. As one of the writers, I am against the dumping mentality. It's only going to hurt things. If everyone is dumping, that's a sign that nobody wants the currency. If nobody wants it, there's no value. If there's no value... it's worthless.
We have to get demand up while decreasing the supply (less selling!).
You are looking at it all wrong. Dumping is a sign of nothing but greed.
There are people buying those dumped coins at a great value.
And we actually need more selling, not less selling. But the selling needs to be set at 1 penny.
But right now supply is overwhelming the demand, so the demand is lowering. This is the big thing we need to fight right now.
If we had some real use (most coins are running their own stores now) for the coins, that would give something to use them for. As it is, they're basically just there.
I love the principles behind DVC. I'll continue standing behind it. But the marketing of it (in regards to giving each coin a true value) is really lacking right now.
All you can do to fight is buy the cheap coins, and post them for sale for 1 penny.
Or make videos.
Or share on facebook.
Or share on twitter.
Or tell your friends.
Wow that wall at 1 penny is going to be huge lol I was thinkin $10 like the devgirl
$10 is like a year or so away.
In 12 months a $10 DVC price would value devcoin at roughly $60 Billion. Bitcoin is currently valued at just over $1 billion.