Topic: [DVC]DevCoin - Official Thread - Moderated - page 135. (Read 1058949 times)

is devcoin still in merged mining with bitcoin? can't believe it went so low to have a market cap below 100k. this could have been the doge of bitcoin if properly developed along with some marketing. time to reorganize and relaunch? what we could do with devcoin that hasn't been done yet. who's still actively involved? the devcoin forum looks dead. Seems that here at least something has been discussed since beginning of 2015 thanks to hunterbounter update.

Bounty Proposal

http://coinzen.org/index.php/topic,150.msg39744.html#msg39744

- Nova

[ Edit 02/15/15 : Tsquared's suggestion at http://coinzen.org/index.php/topic,150.msg39894.html#msg39894 has been installed and being tested on http://coinzen.org ]

can only go up from here

Unfortunately it is hard to resist the conclusion that the point of total disaster has already been reached.

It will be interesting to see what happens when one DVC is not even regarded as being worth one satoshi. For my money, we're already there.

Hopefully creative ideas come to the fore and more positive times lie ahead.

 

Perhaps not looking at it from an investor, your pessimistic one liners are over my head. To me DVC is, and will continue to be, a great community with a great cause. If the value is lower then bounties will need a larger share. Seems easy enough. That is what moves me and keeps my interest in the project. Currently two nice SMF Projects are being planned. They should help to deal with a relatively small yet resource intense spamming network. The finished project would be open source and available to the SMF Community in a Module. That sounds great to me and a positive thing for the Forum Community. Not just ours but potentially all SMF sites.

For those that are not moved by such concepts nor touched by something like the story found in DevTome at http://devtome.com/doku.php?id=how_i_spent_my_devcoins_in_africa then one might consider BBQ Coins. They had a moment in the sun and then sat idle for a year falling into penny stock. One friend had to have two machines talking to each other to keep the chain alive at some points yet collected a massive amount during the fallow year period. Then interest came back and my friend made a killing.

My feeling is that the only better time to buy DVCs is if they were 4 shatoshi cheaper.

- Nova

Yeah pause and save for the moment. Advertising a broken system isn't going to help us in the long run.


rehost it if you can, sid, and pm UTB with the new domain/link. He'll have to change it on the accounting files.

Call for DVC pump up!

Follow up: http://coinzen.org/index.php/topic,2650.0.html

Just a sidenote, the domain on which I host the business_bounty_xx.csv files recently expired.  As there have been no new bounties, I have not made any files, but if it is required I can start hosting them on another domain.  (Not sure if business_bounty is still needed with the new division changes)

As marketing admin, I am here and ready to do a good Devcoin press release as soon as the project has some good news Even with the low price of DVC right now we can afford a good press release.

I am not sure whether now is the best time or if I should just do a "bigger" one with more maximum effect when Devcoin is relaunched. It seems everything is in transition, and it might not be the best time for a big advertising campaign right now, especially if it is true that new writers cannot be added to Devtome etc at the moment, but I am ready to do it when the community agrees.

Happy new years guys, I'm still around too. I kinda agree with Melodiemuse even if i dont know anything about UTB's behavior. On top of that I thought that hunterBunter took the whole control of devtome as it seems not to be the case. I thought that the transition will go smoother than this. As an earning admin I'm unable to add new writers for month now.

Is vircurex being ddosed at the moment? Haven't been able to access the site for a few hours now....

The Guldencoin Dev, /GeertJohan, has developed a real time simulator that may help with testing. I BELIEVE he is going to make it public domain and, I BELIEVE it is up and running. If so, might help bump up confidence in the new version if you could obtain a copy.

Hello all, I am still here albeit a little damaged from rl things, i stepped back a bit after some pretty harsh abuse from new writers who couldnt get onto devtome and no response from UTB. I am confused why he wont answer anyone yet he wont step away and let others take over (control freak much?)

I know this sounds like an atack on UTB but seriously, without some transparency the way forward is just so much BS because UTB stands in the way by being obtuse and not responding honestly or with any real sense of cooperation.

it worries me also that any work "we" do can be stopped, strangled and/or negated by someone who obviously has no interest in being a part of a thriving community. At present the administration of Devcoin is decentralised which is (imo) a flaw in design when only half the administration give a damn.

i will happily support and work toward anything that is offered transparently and with community consultation but truth is i have zero faith or trust in UTB or his intentions and until he is either completely gone or starts to behave in a way that shows some commitment, i have zero trustin Devcoin's future.

i appreciate that he set this all up blah blah but if he wont step up to his responsibilities or step down and let others take on the responsibility then all work he has done previously is really worth nothing...a pretty show of his prowess and nothing more.

some of us have invested our own cold hard cash into furthering/growing Devcoin and to this random aussie chick it all smacks of ripoff by any other name...

Devcoin Project is still active and the chatrooms are working if you want an alternative to the stuck up elitists running the node who never respond to anyone except to laugh at newbies. Devcoinproject.com (you can access their chatroom from devcoin project as well or you can go to the project chatroom and have your own discussions)

I'm still hosting receivers. I've handed over the admin duties for devtome stats, devtome analytics, and devtome page views, but I see those pages are not current. I can resume maintaining those pages but there will sometimes be delays of 1-2 weeks as I am on the road a lot working events right now (busy season). HB just let me know your thoughts on that.

Didn't want to copy Hunter's post but fwiw, I've been continuing my duties. At least what I could. I'm a writing admin and have continued to cull and such, but UTB's absence has created issues since I basically have to just report to him. With that said, I'll keep my positions going forward if I can!

So very excellent to hear from you Hunter!  I am still around so count me in to help however I can be of service.  I am for moving forward with the proposal.

Papa

I think it's all great discussion, and it's encouraging to see.

This coin is far from dead, and the price is going to do what the price is going to do for the time being. I'm still happy that people are seeing this as a good buying opportunity, as I do myself. It implies that people still believe in its mission, as I do too.

I've had some rl responsibilities hinder my ability to push forward the devcoin proposal since I took over in September, so the reason it is delayed is largely my fault. On the bright side, looking through the proposal now, there's still nothing that I would change about it, so I'm still confident that it will improve things long term (this is what I'm talking about, if you don't know: http://www.devtome.com/doku.php?id=devcoin_division_proposal).

There were some kinks in the change of leadership when I took over; a lot of admins just disappeared with the falling price, new devtome writers weren't being added by Unthinkingbit, and whole bunch of other stuff I don't have any control over was not being done - my role as "leader" felt very much like a namesake more than anything actually meaningful, and it really felt like I'd been handed a sinking ship just so it had someone to go down with it...without a manual. Maybe that's still the case, however this isn't like a stock where a company can go bankrupt and shut down (like penny stocks), the cryptocurrency is meritable in and of itself, and can be revamped as many times as we need to. As many have mentioned before, a lot of people here don't even earn devcoins because they need the money, they earn them because of its noble mission.

As for the proposed changes themselves, UTB is still in control of accounting, and doesn't want the account files changed (account.py), so instead we're going to have to implement the proposal via the ongoing bounty file, which I do control. The way the files run, however, means it's not going to perfectly divide all the divisions as expected. At the moment, what you see on something like http://dvccountdown.blisteringdevelopers.com is an imperfect estimate of the final shares, and when the account files are run, things like ratings, admin bonuses, marketing and all that are calculated by UTB and stored on his github. Once they are on there, it is "official", and final. I do my own calculations daily, but the only one that matters is the final one, which sometimes varies from mine slightly, probably because of timing. He then pushes those files to the various file custodians to be spread by the client. To implement the division proposal perfectly, it would have to be done before pushing to clients, which UTB doesn't want to do, from our last conversation. Doing it in the ongoing file means I have to predict what the final values are going to be, create normalizations on these, then the account script adds these to the final account.csv when UTB runs it. While I can make a very good guess, it's not going to be perfect. If the community still supports implementing the proposal this way, then that's what I'll do. I haven't calculated the error, but I estimate it to be around 5%, against the perfect version.

There are several other issues we face, going forward.

The first, is our exchange presence. Vircurex in particular is a problem, because it's run by the same people who run crypto-stocks, and while both were quite busy for a while, I've been hearing nothing but bad things about them for the last twelve months. Vircurex was hacked some time ago, and the owners promised to pay everyone back from the profits of trading, which was slowly working for a time. Then a few months ago, another issue they had meant they had to freeze funds, causing people to basically flee the exchange, which destroyed their trading volume. It still seems to be running ok now, but the volume is ultra light, meaning that both confidence in them is at an all time low, and there is extremely little incentive for the owners to build or invest anything more into it. The risk of putting funds on there long term is too high for my tastes. We are also listed on Cryptsy, which doesn't seem to be suffering the same fate, but being on only one and a half exchanges is disconcerting. We simply need more exchanges, which we aren't going to get until we're more interesting to speculators.

The second, is that we never managed to generate a block on the live chain, so couldn't confidently say our new client worked properly. This had repercussions down the line because people think the client hasn't changed in over a year, when it has had a lot of work done. The changes work in the test-net, but we have to convince the bigger merge mining pools to try them live and confirm all is well. One thing we could do is simply declare the new client official, and assume it works. It's not good practice to do this, but we may not have any other option without investing serious capital into mining hardware. I tried to do it with blisterpool, but p2pool just didn't pay out frequently enough to keep people interested...even when I was paying a 20% bonus in devcoins! I have had other ideas to get people to lend us their hash, but haven't had the time to actually do any of it. My time will become more available after January, which is when I can more seriously attempt the division changes again.

Devtome writers haven't been added for some time. UTB is still in charge of adding them, and I believe there is a substantial amount of work that goes into vetting new writers, which he seems to not have had the time to do. He is still around and is still doing the files, so the only thing writers can do about this is hound him until he does it, unfortunately.

Lastly, I wasn't exactly given a handbook on things when Unthinkingbit handed over the reigns, and essentially admins as they were have complete control over their assigned duties. This lack of organization is extremely difficult to problem solve, so one of the things I will address soon is who is actually still here doing their jobs. As someone mentioned, accountability has been poor, and that has to change if we have any hope of recovering. On that note, we will probably go through a mass culling of administrators in the next few rounds. Anyone who is still willing to work on devcoins (and has been), irrespective of the price are of course immune to the cull, but I suspect many haven't been bothering to do their duties as promised. I know the pay exists and is supposed to have some meaning, but to draw on the movies for a moment, I would rather have 300 Spartans than 3000 potters, sculptors and blacksmiths.

Ofcourse. We need someone who sells something valuable and accepts Devcoin for it. That's how you create a devcoin related business.

The problem is buying and buying does nothing if there's never any value added. DVC still, for all intents and purposes, has no value. It has to create it. DVC has to be treated like a business. If I opened a store locally that earned $0, people wouldn't invest. If it was profitable, they would. DVC is the same way.

Bought as much as I could when it hit 4!

Papa