Topic: [DVC]DevCoin - Official Thread - Moderated - page 250. (Read 1059181 times)
You know, cryptostocks is a good choice instead of just dumping on a low...
some noob just sold 25 mill at market?? hahha sucker.
Ouch!
some noob just sold 25 mill at market?? hahha sucker.
Unless you are going to spend Years building up those ideas, I would not bother, you will just drive myself yourself crazy. Belive me, I have firsthand experience.
Yeah, I think I could see my idea sliding down the wall after I read it a couple of times. I have tons of ideas all of the time, some of them are decent ones but most of them are below average. 
Ideas are good, I think through the same sort of things.Basically, if a Devcoin core project was created and managed to stabilise the price relative to say dollars, that project has just become a bank. That means you have a Devcoin central bank fixing its exchange rate. Whether that's a good idea isn't even the same question as whether it's possible.
Instead of that (and this is one reason Devcoin is interesting) what if the backing is stuff? Open source development, creative commons repositories, people and their time. That creates an equity base and also a more equitable way for anybody to get involved. The reserve you refer to could in effect be the stuff that Devcoin is and will facilitate and fund. If a point can be reached where enough people and organisations rely on dvc to facilitate their work (they genuinely perceive it as earnings), and enough others support that work and progress (they genuinely perceive it as worthwhile and necessary), then you have inbuilt reserves and collateral in the simple mechanics of the currency. Any growth of a devcoin economy, dvc/fiat market, trade, stability will develop with that evolution.
I should be working but I got caught up in a daydream reading your posts, couldn't resist sharing:
Millennia from now, a circuit board salvaged from the dust by a child, carefully cleaned and powered up to reveal a treasury of work gathered through the ages. From technological innovation to social commentary and art, all stored and lovingly built upon like ancient temples carved by hand from bedrock... the name of this treasury? A whispered legend,, Devtome... (Cue dramatic score here)
Although the daydream got a little fuzzy when it veered into electronic data never really being "gone" and rather than powering up an old board the kid would probably just flip a switch and slide to the right frequency...
Still! Thanks for the distraction
Yeah, I think I could see my idea sliding down the wall after I read it a couple of times. I have tons of ideas all of the time, some of them are decent ones but most of them are below average.
Ideas are good, I think through the same sort of things.Basically, if a Devcoin core project was created and managed to stabilise the price relative to say dollars, that project has just become a bank. That means you have a Devcoin central bank fixing its exchange rate. Whether that's a good idea isn't even the same question as whether it's possible.
Instead of that (and this is one reason Devcoin is interesting) what if the backing is stuff? Open source development, creative commons repositories, people and their time. That creates an equity base and also a more equitable way for anybody to get involved. The reserve you refer to could in effect be the stuff that Devcoin is and will facilitate and fund. If a point can be reached where enough people and organisations rely on dvc to facilitate their work (they genuinely perceive it as earnings), and enough others support that work and progress (they genuinely perceive it as worthwhile and necessary), then you have inbuilt reserves and collateral in the simple mechanics of the currency. Any growth of a devcoin economy, dvc/fiat market, trade, stability will develop with that evolution.
That was an interesting and well thought out response.
I happen to think the Devcoin economy will be a whole lot more interesting towards the end of this year compared to what it is now.
Yeah, I think I could see my idea sliding down the wall after I read it a couple of times. I have tons of ideas all of the time, some of them are decent ones but most of them are below average.
Ideas are good, I think through the same sort of things.Basically, if a Devcoin core project was created and managed to stabilise the price relative to say dollars, that project has just become a bank. That means you have a Devcoin central bank fixing its exchange rate. Whether that's a good idea isn't even the same question as whether it's possible.
Instead of that (and this is one reason Devcoin is interesting) what if the backing is stuff? Open source development, creative commons repositories, people and their time. That creates an equity base and also a more equitable way for anybody to get involved. The reserve you refer to could in effect be the stuff that Devcoin is and will facilitate and fund. If a point can be reached where enough people and organisations rely on dvc to facilitate their work (they genuinely perceive it as earnings), and enough others support that work and progress (they genuinely perceive it as worthwhile and necessary), then you have inbuilt reserves and collateral in the simple mechanics of the currency. Any growth of a devcoin economy, dvc/fiat market, trade, stability will develop with that evolution.
I was clicking around on some of the other alt-coin threads and had an idea.
What if there was a kind of strategic Devcoin reserve of the top 5 or so alt coins? The reserve could be tapped to stabalize the price of Devcoin when it doesn't seem to be holding its value. If the reserve ended up having a substantial value, it could help stabilize the price of Devcoin on the exchanges just by everyone knowing of its existence, even if it was never used.
One of the admins could be the reserve chairman and in charge of spending the coins but all of the other admins would have a vote if any of the reserve gets used. The vote could occur once or twice a month (or as needed) with more than 50% of the admins agreeing that it needs to be tapped before any spending happens. It could be mainly funded by donations and all of the coins values updated on a regular basis for everyone to see.
It might provide a way for people to show their support for Devcoin by making small donations or hitting up the various alt-currency faucets from time to time.
I am bored at work and throwing some junk at the wall trying to see what sticks
What you're talking about is jedi mind tricks. The federal reserve or the swiss national bank etc might be able to do that, because they're able to more-or-less promise that if necessary they'll go into the market and buy/sell in unlimited quantities (ignoring whether they 'should'). But devcoin? If you think the price of devcoin < its value then you should buy, and vice versa.What if there was a kind of strategic Devcoin reserve of the top 5 or so alt coins? The reserve could be tapped to stabalize the price of Devcoin when it doesn't seem to be holding its value. If the reserve ended up having a substantial value, it could help stabilize the price of Devcoin on the exchanges just by everyone knowing of its existence, even if it was never used.
One of the admins could be the reserve chairman and in charge of spending the coins but all of the other admins would have a vote if any of the reserve gets used. The vote could occur once or twice a month (or as needed) with more than 50% of the admins agreeing that it needs to be tapped before any spending happens. It could be mainly funded by donations and all of the coins values updated on a regular basis for everyone to see.
It might provide a way for people to show their support for Devcoin by making small donations or hitting up the various alt-currency faucets from time to time.
I am bored at work and throwing some junk at the wall trying to see what sticks
How would the altcoins be acquired? What price is 'stable'? Who gets to decide that? Does stable just mean not falling, or also not rising too much etc? Devcoin isn't exactly a pillar of international trade, so why would anyone trade it if the price was fixed?
I think there's a role for future devcoin project revenue to be used as price support, but it still raises the same issue.
Frankly, if devcoin earners are happy to sell dvc at a price that's lower than you think it's worth - then either your value is too high, or they're being paid too much relative to work.
Yeah, I think I could see my idea sliding down the wall after I read it a couple of times. I have tons of ideas all of the time, some of them are decent ones but most of them are below average.
I was clicking around on some of the other alt-coin threads and had an idea.
What if there was a kind of strategic Devcoin reserve of the top 5 or so alt coins? The reserve could be tapped to stabalize the price of Devcoin when it doesn't seem to be holding its value. If the reserve ended up having a substantial value, it could help stabilize the price of Devcoin on the exchanges just by everyone knowing of its existence, even if it was never used.
One of the admins could be the reserve chairman and in charge of spending the coins but all of the other admins would have a vote if any of the reserve gets used. The vote could occur once or twice a month (or as needed) with more than 50% of the admins agreeing that it needs to be tapped before any spending happens. It could be mainly funded by donations and all of the coins values updated on a regular basis for everyone to see.
It might provide a way for people to show their support for Devcoin by making small donations or hitting up the various alt-currency faucets from time to time.
I am bored at work and throwing some junk at the wall trying to see what sticks
What you're talking about is jedi mind tricks. The federal reserve or the swiss national bank etc might be able to do that, because they're able to more-or-less promise that if necessary they'll go into the market and buy/sell in unlimited quantities (ignoring whether they 'should'). But devcoin? If you think the price of devcoin < its value then you should buy, and vice versa.What if there was a kind of strategic Devcoin reserve of the top 5 or so alt coins? The reserve could be tapped to stabalize the price of Devcoin when it doesn't seem to be holding its value. If the reserve ended up having a substantial value, it could help stabilize the price of Devcoin on the exchanges just by everyone knowing of its existence, even if it was never used.
One of the admins could be the reserve chairman and in charge of spending the coins but all of the other admins would have a vote if any of the reserve gets used. The vote could occur once or twice a month (or as needed) with more than 50% of the admins agreeing that it needs to be tapped before any spending happens. It could be mainly funded by donations and all of the coins values updated on a regular basis for everyone to see.
It might provide a way for people to show their support for Devcoin by making small donations or hitting up the various alt-currency faucets from time to time.
I am bored at work and throwing some junk at the wall trying to see what sticks
How would the altcoins be acquired? What price is 'stable'? Who gets to decide that? Does stable just mean not falling, or also not rising too much etc? Devcoin isn't exactly a pillar of international trade, so why would anyone trade it if the price was fixed?
I think there's a role for future devcoin project revenue to be used as price support, but it still raises the same issue.
Frankly, if devcoin earners are happy to sell dvc at a price that's lower than you think it's worth - then either your value is too high, or they're being paid too much relative to work.
I was clicking around on some of the other alt-coin threads and had an idea.
What if there was a kind of strategic Devcoin reserve of the top 5 or so alt coins? The reserve could be tapped to stabalize the price of Devcoin when it doesn't seem to be holding its value. If the reserve ended up having a substantial value, it could help stabilize the price of Devcoin on the exchanges just by everyone knowing of its existence, even if it was never used.
One of the admins could be the reserve chairman and in charge of spending the coins but all of the other admins would have a vote if any of the reserve gets used. The vote could occur once or twice a month (or as needed) with more than 50% of the admins agreeing that it needs to be tapped before any spending happens. It could be mainly funded by donations and all of the coins values updated on a regular basis for everyone to see.
It might provide a way for people to show their support for Devcoin by making small donations or hitting up the various alt-currency faucets from time to time.
I am bored at work and throwing some junk at the wall trying to see what sticks
What if there was a kind of strategic Devcoin reserve of the top 5 or so alt coins? The reserve could be tapped to stabalize the price of Devcoin when it doesn't seem to be holding its value. If the reserve ended up having a substantial value, it could help stabilize the price of Devcoin on the exchanges just by everyone knowing of its existence, even if it was never used.
One of the admins could be the reserve chairman and in charge of spending the coins but all of the other admins would have a vote if any of the reserve gets used. The vote could occur once or twice a month (or as needed) with more than 50% of the admins agreeing that it needs to be tapped before any spending happens. It could be mainly funded by donations and all of the coins values updated on a regular basis for everyone to see.
It might provide a way for people to show their support for Devcoin by making small donations or hitting up the various alt-currency faucets from time to time.
I am bored at work and throwing some junk at the wall trying to see what sticks
I hate to bother everyone, I have a simple question and I am lost. I went and downloaded Devcoin wallet and it stopped downloading at 29669 blocks, I have looked and looked and I am getting more lost, can someone please direct me to a solution, thank you very, very much in advance.
-Branzig
-Branzig
Hypersire go ahead and get with sidhujag on it, he is one of the admins, I dont mind him poking around.
Would anyone be interested in Netflix codes or Starbucks cards being added to dvc4giftcards.us?
At the moment I have one 12-month netflix voucher and a couple of $50 starbucks cards.
If you need anything amazon feel free to check my store out at http://dvc4giftcards.us
Psybits is awarded 3 shares for his non-mining business.
There already have been a couple cryptocurrency day trading investment strategies, so if the community decides that it is unique enough, you will get 6 shares for your plan.
At the moment I have one 12-month netflix voucher and a couple of $50 starbucks cards.
If you need anything amazon feel free to check my store out at http://dvc4giftcards.us
I asked Psybits to issue a press release for devcoin and be the PR spokesman. Within a few days he wrote a press release which covered all the main devcoin points, without being too long. He sent it out to many, I think hundreds of sites, including the Wall Street Journal. The devcoin price went from around 50 satoshis to over 150. We got many new contributors, including writers and programmers. I was so happy with the press release that I gave him 6 shares ongoing afterwards, and boosted that each round. In round 31 it was 12 shares, and in this round it's now 18 shares.
In large part because of his press release and marketing, we can afford to pay more people and do more stuff.
In large part because of his press release and marketing, we can afford to pay more people and do more stuff.
Psybits is awarded 3 shares for his non-mining business.
http://www.devtome.com/doku.php?id=cryptocurrency_day_trading
Finished, well mostly. i probably will add more links, but the main body is complete.
there was a BOUNTY for presenting an Investment/Trading strategy?
have a look....... I'm not a financial wizard, but this should work for most people who can do basic math and a little web browsing....
Finished, well mostly. i probably will add more links, but the main body is complete.
there was a BOUNTY for presenting an Investment/Trading strategy?
have a look....... I'm not a financial wizard, but this should work for most people who can do basic math and a little web browsing....
There already have been a couple cryptocurrency day trading investment strategies, so if the community decides that it is unique enough, you will get 6 shares for your plan.
Any word on my request for this bounty?
I was wondering if I can claim one of the remaining Investment Plan Bounties for this plan I put together. (http://devtome.com/doku.php?id=devcoin_bounty_engine) My intention was to write up a business plan that can be invested in by using devcoins that would benefit the whole devcoin community. Just wondering if my interpretation of business plan fits the description required by this bounty...
I wrote it last week, but just finally found some time to figure out how to properly post it on devtome. For a future article I might write up a noob's guide to Devtome in very simple English.
I wrote it last week, but just finally found some time to figure out how to properly post it on devtome. For a future article I might write up a noob's guide to Devtome in very simple English.
dvc4giftcards.us has a low rating on Web of Trust, so I'd appreciate it if you left me a rating here: https://www.mywot.com/en/scorecard/dvc4giftcards.us#rate
Thank you!
Thank you!
Cool, left a rating on the site.
Any news on the bounty proposal?
Thanks very much! I'm not sure yet about the bounty
dvc4giftcards.us has a low rating on Web of Trust, so I'd appreciate it if you left me a rating here: https://www.mywot.com/en/scorecard/dvc4giftcards.us#rate
Thank you!
Thank you!
Sent you a good rating. Please keep this site up!
-AM
You da bomb!
Hey guys I am thinking about making a website for selling gift cards for devcoins. Is there any suggestion of cards or other things you want to be featured on the website?
-AM
-AM
There are already a couple of gift card sites - I don't mean to discourage you - but it would be cool to sell something we don't have a store for yet
EDIT: Dev coffee would be kind of awesome (writers and coders drink lots of coffee!). I know that a btc coffee website does quite well
Also - if you wanted to set up a serious service, a proxy buying service like http://bitsumo.com for DVC would be really, really awesome.
Ok thanks you for the input.
-AM
dvc4giftcards.us has a low rating on Web of Trust, so I'd appreciate it if you left me a rating here: https://www.mywot.com/en/scorecard/dvc4giftcards.us#rate
Thank you!
Thank you!
Cool, left a rating on the site.
Any news on the bounty proposal?
dvc4giftcards.us has a low rating on Web of Trust, so I'd appreciate it if you left me a rating here: https://www.mywot.com/en/scorecard/dvc4giftcards.us#rate
Thank you!
Thank you!
Sent you a good rating. Please keep this site up!
-AM
dvc4giftcards.us has a low rating on Web of Trust, so I'd appreciate it if you left me a rating here: https://www.mywot.com/en/scorecard/dvc4giftcards.us#rate
Thank you!
Thank you!
Devcoin has been mentioned in a Wired article http://www.wired.co.uk/news/archive/2014-01/13/dogecoin-and-the-era-of-personal-currency
EDIT: Time to reopen the Devcoin page on Wikipedia - I can't believe they deleted it we had just as many refs as most of the other alt coins - what a joke!
EDIT: Time to reopen the Devcoin page on Wikipedia - I can't believe they deleted it we had just as many refs as most of the other alt coins - what a joke!
Cool! just a couple of articles such as this one could have people all over the place asking questions about Devcoins.
I think the lack of exposure of what Devcoin is and what it is about could easily be taken care of by the end of the year with some timely articles by a few major news outlets. Maybe an admin that is dedicated to being the media and/blog point-of-contact would be in order.
One of the easiest and cheapest ways to raise awareness of Devcoin would be to go the guest post route on financial blogs. If you check out the Money Crashers list of person finance blogs (below) many of them allow guest posts.
http://www.moneycrashers.com/top-personal-finance-blogs/
One would simply need to contact the owners of the blogs and ask if they can submit a unique article about Devcoins and/or Devtome. Most blogs are usually hungry for new contact and will gladly accept your offer as long as your request email doesn't look spammy. The key factor about guest posting is that the guest poster never has to pay money for it. The blog owner gets new (and free) content and the guest poster is allowed two or three links links back to their blog, Facebook page and/or a Wiki such as Devtome.
I am using my personal finance blog that I co-run with a couple of other people (below) as an example because most are set up in a similar fashion.
http://www.moneyandpotatoes.com
We have a write for us link across the top of the blog and we do get almost daily requests for guest blog posting. Unfortunately, the vast majority of the requests are of the spammy variety and they never get posted on the blog. However, we have had several valid ones that were published and they provided our blog with some good content.
The key to getting this accomplished would be someone having the ability to write about Devcoin/Devtome from several different angles and always coming up with what amounts to roughly 90% new content with each article.
It might also help to have a PDF type press packet that is tied to a domain so a link could be provided to the blog owners so that they can quickly and easily see what Devcoin is about.
~2 cents~
Bittzy78
I'm coordinating the marketing / press of Devcoin at the moment with monthly ad campaigns and press releases (which perhaps is how Wired heard about us). The biggest outlets we've been on from these is The Wall Street Journal and Yahoo Finance.
I would like to give you 6 shares next month - for you to put the above into action.
Would you like to do it? And are there any objections from anyone here?
Yeah, I would be willing to give it a shot for a month and see how it goes.
Great! Well if no one objects you'll get 6 shares next month to try and arrange guest posts on the blogs at http://www.moneycrashers.com/top-personal-finance-blogs/ If you get one (or more) I'll help you with the article(s)
We can also work on a press kit in PDF format to be hosted at devcoin.org - great idea.
I already have a standing invitation to swap guest posts on another personal finance blog (http://cashcowcouple.com/) but haven't answered them in a couple of weeks. I just sent them an email asking them if they still want to swap guest posts. I have one short article already mostly completed about alt-coin speculation that is a little generic but mentions Devcoin more than others.
If you want to do an article on something along the lines of how to make money writing on Devtome that meets the criteria of what we have on Money and Potatoes ( http://www.moneyandpotatoes.com/write-for-us/ )... I can guarantee that it will be published.
Just mention in your bio that you are regular contributor to the Devtome Wiki and be sure not to post the article on this forum (but I am sure you already know that.)
Great! Well as I have the power to assign a small number of shares for marketing purposes - you will get 6 next month to contact all the blogs at http://www.moneycrashers.com/top-personal-finance-blogs/ and ask for guest posts
Please PM me with your DVC address which can accept generated Devcoin shares (a wallet on your computer).I've noticed Heavy covers many different cryptocurrencies (http://www.heavy.com/tech/2013/12/dogecoin-what-is-shibe-cryptocurrenc/) so I have contacted them about doing a write up about Devcoin.
In re to guest posting on your blog - does your blog get a lot of traffic?
Do you think that you would be interested in doing a post on my blog? I only ask because I should have some free time at work tonight and have this idea for a post kicking around in my head. I am thinking about doing a simplistic article on how people can make money writing on Devtome...kind of a step-by-step guide. Either way, I will probably link it to 25 - 50 other personal finance blogs via the comment sections of them.
Bittzy78
I was able to get the android wallet confirming my transactions,
[...]
What we need now is a test plan, to test the features. I don't want an ad-hoque test with 500 words, if you are to test this thing there has to be a plan in place which you follow directions with a result.
We need to test:
1) [...]
[...]
What we need now is a test plan, to test the features. I don't want an ad-hoque test with 500 words, if you are to test this thing there has to be a plan in place which you follow directions with a result.
We need to test:
1) [...]
I have the ability to use 2 Android phones, both with NFC capability. However, please take your time to make the app as stable as possible. My Wife's phone will appreciate that
I am happy to go through an extensive set of tests and can record it on video if necessary.
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