Topic: [DVC]DevCoin - Official Thread - Moderated - page 380. (Read 1059157 times)

Yep, I was just messaged yesterday!  I am going to start my first admin duties tomorrow!

I never thought it was you.  We have no way of knowing.  But it's a point worth making that if you had sold off 60 million DVCs or any amount for that matter for the purpose of starting a viable business that ultimately improves the value of Devcoin, then I would say it was a good move.  In that case getting angry about the inevitable drop in DVC price that would have resulted would be taking a very shortsighted view.

Until there actually is a viable DVC economy, where goods and services can be obtained for DVC, it's going to take selling off DVC in order to build the components of such an economy.  So... in that sense when it comes to the price of DVC on the exchange, things have to get worse before they can get better.

Damn it smeagol you're not supposed to be laughing at how little the currency you're in charge of is worth.
Temporarily close down the devtome and fix it before devcoin goes kaput.

lol.  Each amazon gift card is about 200k dvc (for $10).  200k * 6 = 1.2 mil
I haven't even earned 60 mil..  

Thanks again, Unthinkingbit!

In the interest of something else to do with DVC and because I love the idea of combining books with writing ala DVC (thanks FinShaggy for the idea) I present a simple web-shop with Textbooks and Non-Fiction books for sale in DVC via CoinPayments.net:

https://andarazoroflove.org/shop/

Only a dozen or so up now, will be a few dozen more listed in the next couple days as I get busy doing. I work for a land-grant university so these kinds of knowledge books accumulate quite a bit. I'm also toying with the idea of PC components for DVC, but we'll see what happens.

Well maybe they had been doing it free on their own dime just because it needed doing, for so long, so well, that it seemed reasonable to invite them to do it officially on the company dime?

EDIT: As to auto-buying devcoins, maybe best would be to take half the budget and put a fifth of that on each satoshi of price from the highest current bid downward, that is put some at each of the top five satoshis or so of current bid; then periodically look again and if those sold replenish them or if current high bid is higher than the high was when you placed previous bunch, put more upward from there.

But basically don't do market orders, they are stupid, bid a price. Traders take crazy amount of advantage of auto-dumpers so whatever it happens to be that you are in effect "dumping for DeVCoins" traders will deliberately stand way the heck back far across as big a spread as they can maintain waiting for the next stupid autodump bot to give them a crazy price due to not looking what price others were asking for a similar volume of whatever it is the bot is dumping.

e.g. Adsense pays your site USD, so you plan to "dump" the USD for devcoins. Smart traders knowing some idiot is going to autodump USD for devcoins will try to lure it into giving a stupid price. So also don't put more on each price than is already there might also be wise for a bot, in case what is already there is just a lure set by a trader to try to trick the bot into offering $1000 USD at the price the trader is offering $0.01 USD or something like that...

-MarkM-

Are they THAT new? I thought maybe it had been like a month or so.

Welcome shakezula and smeagol!

If I was better with computers I would have stayed on as admin, but if I can't get paid for marketing I'm not really any use. But I've still been telling people about the coin, even when I was gone.

The new devcoin admins, in decreasing order of seniority, are Shakezula and Smeagol. TaxReturn resigned because of too much real life work, which opened up an Article Admin position, he's welcome to rejoin whenever he wants. Shakezula was given the options of:

1) Checking to see that articles meet the devtome requirements.

2) Awarding the tiny (fraction of a share) bounties, and checking that paid maintenance work is being done.

3) Making up his own job.

He picked Article Admin, so he now handles writers whose first name starts with P-Z. I then gave Smeagol the extra options of Business Admin, since he's maintaining the devtome business page, and also the option of Category Admin, because I remembered that that was opened when Weisoq resigned, so his options were:

1) Handling a business page (what you're already doing), and businesspeople in general.

2) Categorizing the Latest articles on the devtome start page.

3) Awarding the tiny (fraction of a share) bounties, and checking that paid maintenance work is being done.

4) Making up his own job.

He picked Business Admin, so besides writing the business page, he'll also handle a new business thread and business bounties for everyone but him. If he qualifies for another business bounty, I'll award it to him. He also asked for moderation privilege, so I'll give him the password to the Aegis account, any admin can ask for the password to the Aegis account.

They both also picked File Admin position. I'm glad they both accepted, because we always need more admins, and now we can do more stuff.

Back before we got flooded with authors devcoins were regularly selling for well over 200 satoshis each, now we have all these new authors it has not seen even 100 in gosh knows how long and is lucky, it seems, to see 40.

40 / 200 = 0.2  = 1/5 ... We could maybe divide all author pay by five and still have authors be able to get just as much fiat or bitcoin or whatever out of it as they get right now simply by placing their sell orders at 200 satoshis, which it used to hit quite regularly and barrel right on by even if millions were sitting there waiting to be bought so might well start doing again once floods of overpaid authors aren't dumping their grossly overhuge allotment of coins at the bottom of the price range.

(It used to also cycle down to the thirties then go back way the heck over 200, probably when enough rounds had gone by that someone figured even at dirt cheap rates they had enough to buy something with or somesuch. Likely when someone did dump a lot bringing the price way down word got around, people came to pick up coins cheap, but many of them took hours to hear about it so by the time they arrived to buy cheap coins the price was well on its way back up so they bought anyway before it went even farther back up... Oh and of course when it approached 300 people would hear about that too, come looking to sell way high, but again be beaten to it by people who were faster to hear about it and react so saw it was already on its way down so sold anyway being as how they already fired up their client and came to the exchange planning to sell...)

-MarkM-

Post #48

But I looked through, and the girl that said she wanted to know when it was coming out had her post deleted I think. And other people stop in and say "thanks" or "loved it" and stuff.

Here is an excerpt from ONE SECTION of the book.

There are now FANS, and people saying they want to know when the book is for sale:
http://www.davidicke.com/forum/showthread.php?t=255575

And I have made it clear I plan on publishing... And no, it is worth more as a book.

I'm just saying you might as well cash in by publishing too, and it can be about how you would change the Devtome earnings, but you won't get paid until you actually invoice it on the Devtome

As for the 80 shares per writer, my rather unscientific observations have been that a writer usually gets 80 shares in a round once, maybe twice, and then they're done.  It is very difficult to consistently write that much original content in one month, so once you run out of already written stuff, you're not going to be able to keep that up.  The NaNoWriMo people aim to write 50,000 words of a novel during the month of November and that is a very intense time for them.  I bet they don't write much in December!  More realistically, a writer can write 20 to 30 shares worth per round--that's about how much I'm averaging.  It's plenty intense but still allows for the day job and other duties to be met, and it actually pays out rather well, even with other writers putting in 80 shares from time to time.  If the Devtome people decided to cap earnings at 40 shares starting in round 29, the vast majority of the writers wouldn't even notice.

What I'm saying is the actual book is worth more just as a sheer reference for when you need to look stuff up so it is worth more. Also more work was put in to create it thus it costs more. That's all I'm saying.

Educational material is huge because there are alot of people now coming online to learn about stuff that they couldn't pick up in highschool. I would find it interesting and even probably start to follow it myself if something like KhanAcadamy was writen up and made videos for. I know its copyrighted but something similar, an educational hub inside of devtome. Its very powerful stuff, but that website offers alot more than just reading material it offers some value add by giving stats of how well you are consuming material.

Do it.

It's truly pointless to get into arguments about whose writing is worth more because it all really depends on who's buying.  I do not understand technical computer books so Windows for Dummies would definitely be more valuable to me, just to use an example.  

In the case of our contributions to the Devtome, the Devtome is buying.  In this case, their worth is what the Devtome is paying for them.  End of story.