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Topic: [DVC]DevCoin - Official Thread - Moderated - page 385. (Read 1059157 times)

hero member
Activity: 868
Merit: 1000
September 20, 2013, 09:58:15 AM
The only way to permanently raise the value of DVC is to improve Devtome.  I say we rank the articles each month by the number of unique page views.  The bottom 50% don't earn anything.  Simple.  

This rewards good content while discouraging the bad, as well as encouraging people to promote their work.  The good content will earn more than it used to, and less bad content will be produced, Devtome will be improved and the value of DVC will rise.

Actually, it rewards good marketing efforts, regardless of the quality of the content Smiley

Yeah. And pictures over writing.

True, but the better the content is the easier it is to drive traffic.  But we don't just want any old traffic, we want quality, consistent traffic.  Consistent traffic over a period of months is much harder to fake than an single burst (anyone with a VPN can probably do that), so if we measure the traffic over a longer period it rewards 'real' marketing efforts. This can be measured by Google analytics.  How about we modify my original proposal to this:

Round 1:

1.  We rank the articles published in the first round by the number of unique page views.  The bottom 50% don't earn anything.  The top 50% earn at the usual rate.

2.  50% of the DVC (which used to go to the bottom 50%) are now available to reward marketing efforts for the better articles published in round 1.  I propose we do this over a 6 round period.  This 50% can be divided up into 5 batches of 10%.  The first round has already been paid for.  So at the end of round 2, 10% of the DVC from round 1 are sent to the top 25% most popular articles written in round 1 measured by the traffic they recieved in round 2.  The top 50% most popular articles written in round 2 receive their 50%.

3.  End of round 3 - The top 50% most popular articles written in round 3 receive their 50%.  The top 25% of articles written in round 1 according to their traffic in round 3 receive their 10%.  The top 25% of articles written in round 2 according to their traffic in round 3 receive their 10%.  

4.  Repeat

Edit:  This doesn't mean we have to keep promoting our articles for 6 months, as that would be really tedious, but if they are promoted well with good SEO work they'll get rankings in Google, which will send fairly consistent quality traffic.
full member
Activity: 196
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Google/YouTube
September 20, 2013, 09:14:23 AM
The only way to permanently raise the value of DVC is to improve Devtome.  I say we rank the articles each month by the number of unique page views.  The bottom 50% don't earn anything.  Simple.  

This rewards good content while discouraging the bad, as well as encouraging people to promote their work.  The good content will earn more than it used to, and less bad content will be produced, Devtome will be improved and the value of DVC will rise.

Actually, it rewards good marketing efforts, regardless of the quality of the content Smiley

Yeah. And pictures over writing.
legendary
Activity: 1806
Merit: 1029
September 20, 2013, 09:11:49 AM
The only way to permanently raise the value of DVC is to improve Devtome.  I say we rank the articles each month by the number of unique page views.  The bottom 50% don't earn anything.  Simple.  

This rewards good content while discouraging the bad, as well as encouraging people to promote their work.  The good content will earn more than it used to, and less bad content will be produced, Devtome will be improved and the value of DVC will rise.

Actually, it rewards good marketing efforts, regardless of the quality of the content Smiley
full member
Activity: 196
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Google/YouTube
September 20, 2013, 09:07:07 AM
I'm just copying and pasting all this into a thread.
full member
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Google/YouTube
September 20, 2013, 09:06:19 AM
No I never said anything about crypto-currencies, or even alt-coins. This is a thread about Devcoin.
full member
Activity: 140
Merit: 100
September 20, 2013, 09:05:30 AM
Everyone says "Don't dump coins" but where is the alternative?
Well that's the point.
People hold on to their coins if they think they'll appreciate in value.
With devcoins you only lose value.
Still, their model of buying the coins back with their advertising revenue is clever.
Like I said they need to be more picky on who gets the shares.

They WON'T. You are holding it as if it is a collectors item, but it is a POKEMON CARD. It is only as valuable as you think it is OR as you work to make it.
well if cryptocurrencies are pokemon, think of it this way.
Bitcoins is mew and devcoin is caterpie.

No. Bitcoin is not Pokemon cards. It has broken through to the major leagues, and is now a collectors item. Because of the number of stores, and even drugs that accept bitcoin, it has become something you can hold onto, and expect to go up in value.
hey you were the one who said cryptocurrencies were like pokemon cards.
full member
Activity: 196
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Google/YouTube
September 20, 2013, 09:01:17 AM
Everyone says "Don't dump coins" but where is the alternative?
Well that's the point.
People hold on to their coins if they think they'll appreciate in value.
With devcoins you only lose value.
Still, their model of buying the coins back with their advertising revenue is clever.
Like I said they need to be more picky on who gets the shares.

They WON'T. You are holding it as if it is a collectors item, but it is a POKEMON CARD. It is only as valuable as you think it is OR as you work to make it.
well if cryptocurrencies are pokemon, think of it this way.
Bitcoins is mew and devcoin is caterpie.

No. Bitcoin is not Pokemon cards. It has broken through to the major leagues, and is now a collectors item. Because of the number of stores, and even drugs that accept bitcoin, it has become something you can hold onto, and expect to go up in value.
full member
Activity: 140
Merit: 100
September 20, 2013, 08:58:15 AM
Everyone says "Don't dump coins" but where is the alternative?
Well that's the point.
People hold on to their coins if they think they'll appreciate in value.
With devcoins you only lose value.
Still, their model of buying the coins back with their advertising revenue is clever.
Like I said they need to be more picky on who gets the shares.

They WON'T. You are holding it as if it is a collectors item, but it is a POKEMON CARD. It is only as valuable as you think it is OR as you work to make it.
well if cryptocurrencies are pokemon, think of it this way.
Bitcoins is mew and devcoin is caterpie.
full member
Activity: 196
Merit: 100
Google/YouTube
September 20, 2013, 08:50:56 AM
Everyone says "Don't dump coins" but where is the alternative?
Well that's the point.
People hold on to their coins if they think they'll appreciate in value.
With devcoins you only lose value.
Still, their model of buying the coins back with their advertising revenue is clever.
Like I said they need to be more picky on who gets the shares.

They WON'T. You are holding it as if it is a collectors item, but it is a POKEMON CARD. It is only as valuable as you think it is OR as you work to make it.

This coin is not magic based, it is development based.
full member
Activity: 140
Merit: 100
September 20, 2013, 08:49:52 AM
Everyone says "Don't dump coins" but where is the alternative?
Well that's the point.
People hold on to their coins if they think they'll appreciate in value.
With devcoins you only lose value.
Still, their model of buying the coins back with their advertising revenue is clever.
Like I said they need to be more picky on who gets the shares.
full member
Activity: 196
Merit: 100
Google/YouTube
September 20, 2013, 08:45:12 AM
You Might Ask: "Well How Does Making Shops Raise the Value of Devcoins?"

Well... When people write for Devtome, they earn Coins correct... As of now, the only well known use for Devcoins is to sell them for Bitcoins. Period. Sure, we can advertise the bounty bonds better... But that is not the only thing we need to do. We need shops, because when people earn Devcoins, there needs to be a place for them to go besides Vircurex/MCXNow or any other exchange. If no one is willing to buy cheap Devcoins, and writers just keep putting up cheaper and cheaper Devcoins... Nothing is going to fix itself.

You have to make shops, so that people don't turn straight to the exchange with their coin.
Oh I know that.
But let's say you sold silver for devcoins.
What would you do with the devcoins?

Use them at Smeagol's shop and get books for the books store, or if the union exists by then. Sell 20% for under a penny, then set about 50% at a penny or more. And use the funds to buy more silver.

Right now the only option (if we pretend Smeagol's shop isn't there yet, since not everyone knows about it) is to go sell Devcoins for .0000003... That is the ONLY option.

Everyone says "Don't dump coins" but where is the alternative?
full member
Activity: 140
Merit: 100
September 20, 2013, 08:42:16 AM
You Might Ask: "Well How Does Making Shops Raise the Value of Devcoins?"

Well... When people write for Devtome, they earn Coins correct... As of now, the only well known use for Devcoins is to sell them for Bitcoins. Period. Sure, we can advertise the bounty bonds better... But that is not the only thing we need to do. We need shops, because when people earn Devcoins, there needs to be a place for them to go besides Vircurex/MCXNow or any other exchange. If no one is willing to buy cheap Devcoins, and writers just keep putting up cheaper and cheaper Devcoins... Nothing is going to fix itself.

You have to make shops, so that people don't turn straight to the exchange with their coin.
Oh I know that.
But let's say you sold silver for devcoins.
What would you do with the devcoins?
full member
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September 20, 2013, 08:40:21 AM
Fin you're fighting an uphill battle.
Blame the dev for not closing down the devtome until the price stabilizes and not being more picky on who gets the shares.
Not the buyers.

That is not a solution AT ALL. Shutting down Devtome would be WORSE than doing nothing.

Coins would still be made infinitely. But no new people would come to it.
full member
Activity: 196
Merit: 100
Google/YouTube
September 20, 2013, 08:39:45 AM
You Might Ask: "Well How Does Making Shops Raise the Value of Devcoins?"

Well... When people write for Devtome, they earn Coins correct... As of now, the only well known use for Devcoins is to sell them for Bitcoins. Period. Sure, we can advertise the bounty bonds better... But that is not the only thing we need to do. We need shops, because when people earn Devcoins, there needs to be a place for them to go besides Vircurex/MCXNow or any other exchange. If no one is willing to buy cheap Devcoins, and writers (AND MINERS & ADMINS & CODERS) just keep putting up cheaper and cheaper Devcoins... Nothing is going to fix itself.

You have to make shops, so that people don't turn straight to the exchange with their coin.
full member
Activity: 140
Merit: 100
September 20, 2013, 08:37:46 AM
Fin you're fighting an uphill battle.
Blame the dev for not closing down the devtome until the price stabilizes and not being more picky on who gets the shares.
Not the buyers.
full member
Activity: 196
Merit: 100
Google/YouTube
September 20, 2013, 08:29:29 AM
So what's your devcoion business fin?  Cheesy

1. I haven't been here for 9 months

2. A Book store, I have over 36 books that will be for sale when I finish reading them (already read 3, so 39 total).

Plus, when I get paid for round 28, I am making the first ever DevSilver shop.

3. Writers Union (see first post of page)
full member
Activity: 140
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September 20, 2013, 08:27:41 AM
So what's your devcoion business fin?  Cheesy
full member
Activity: 196
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Google/YouTube
September 20, 2013, 08:22:06 AM
You guys get mad at people for writing, dumping and disappearing. But you aren't even actively "here" for the coin yourselves.

If you have been here for more than 9 months (enough time to create a human being), and don't have some kind of Devcoin business. What are you doing? (not developers, I understand the coin itself and Devtome are a task)
full member
Activity: 196
Merit: 100
Google/YouTube
September 20, 2013, 08:15:51 AM
We also need to by advertising this as THE TIME TO BUY DEVCOIN. And if the price gets lower, we need to be LOUDER ABOUT IT.

Tell EVERYONE, buy low, sell high. And do it yourself also. If we can get enough people behind this philosophy (Buy low, sell high is the philosophy of ANY MARKET), we can make a thread announcing it, and as long as we support each other, the coin will benefit.
full member
Activity: 196
Merit: 100
Google/YouTube
September 20, 2013, 07:51:49 AM
The only way to permanently raise the value of DVC is to improve Devtome.  I say we rank the articles each month by the number of unique page views.  The bottom 50% don't earn anything.  Simple.  

This rewards good content while discouraging the bad, as well as encouraging people to promote their work.  The good content will earn more than it used to, and less bad content will be produced, Devtome will be improved and the value of DVC will rise.

Not true. If EVERYONE dumping coins agreed that 80% of those coins had to sell for 1 penny. It would BE DONE TODAY.
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