Topic: [DVC]DevCoin - Official Thread - Moderated - page 388. (Read 1059157 times)

And can I ask that someone ask Shakezula not to take this out on my articles. I'm pretty sure he's just a troll from Rollitup.org along with Haxxor and a few others. (did he show up after me?)

Instead of spending the time to recode the coin or wallets, why not work to unionize the writers?

I don't care HOW MANY PEOPLE say that this doesn't matter, but Devcoin has been 10$ before. JUST LIKE THE 60,000,000 DVC dump DROPPED the price... If we Unionized, and no one sold DVC for under 1 Penny. And everyone BOUGHT Devcoins that were under a penny when they could, so that they were no longer listed. The price of the coin would INEVITABLY  be one penny.

And that is the power of trading. There are ways for this to happen, even without doing it through direct trade, EX:

When I start a Silver shop, I will be testing the silver and allowing people to view THEIR bar/round of silver tested for purity. Literally they can see the bar in their hand, and compare the serial number to the one in the video.

And this silver will be available for DVC. So people will see that they can buy pure silver with DVC, and they will want DVC or put a higher value on the DVC in their wallet.

Same would happen if ANY OTHER stores started opening.

And AS SOON as these things start happening, Devcoins value goes up. There's your incentive to hold.

HOLDING COINS DOES NOT MAKE THEM WORTH MORE

Guys,

I like what MarkM said that we can do to avoid people abusing the system and to bring in people dedicated to the cause of devcoin. He brought something up that made me think, what he initially said was the devtome earner's reciever wallet should have atleast as many dvc as they would get by writing for the current round.

If we really wanted to raise the price and basically guarantee that writer's would not drop the price by 1 satoishi we can say that they would earn as many devcoins as they have in their wallets at any time. So after each round if the writer dumps some dvc they will need to buy the amount they intend to earn by writing. This is essentially a 0 sum proposition so that each user cannot negatively effect the price only positive at the same time giving the opportunity for writers to earn by writing.

At the very least we should assume that each round that many coins should exist in the reciever's wallet, this is to avoid the people who solely write and dump each round. I think this should be an essential requirement. Doesn't make sense that people are allowed to write 80k words and then dump right away without actually holding anything as collateral. This will not avoid the case where people will make a one time buy of devcoin and then continually earn and dump, but it is better than nothing and a good starting point.

Not only would this drive in quality material but also quality developers/writers as well who look out for the long term prospects of devcoin and not only the short term.

Based on feedback I think maybe in the future we can extend it for the 50% requirement and keep a tally of how much each person has earned so that the user will have a 0 sum if they cash in their dvc when they feel they are done writing.

How would this change come about? Would there be a vote or consensus among admins?

I actually don't remember. I don't have mine as DVC links anymore.

I agree the above post is very informative.  One question:  How can I link directly to my forum signature?

Edit:  I included the link to my forum profile.  Did I do the right thing?

Edit:  Another question:  I thought links could be to pages which link to any article, or does it have to be the specific "Earn Devcoins by writing" page?

To anyone trying to get started on Devtome, this is the perfect post.

I am knotwork (or sometimes knotwork_), on Freenode IRC.

-MarkM-

you're on IRC right on the tbx and dvc channels? i have an idea just haven't had a chance to try it out. ill pm you later with it

My pool that I still use privately used to give people 100% of the bitcoins, and convert all the other coins into DeVCoins to pay out.

But it just wasn't worth all the work of adding it all up and working out what it was all worth when only one user other than me actually used it.

If there was code for doing all that computation and there was more than one person who was going to use it, it might be worthwhile, but even if doing the math each month to work out how much I owed that one other guy only took an hour, it was an hour not worth spending, basically a total waste of time.

Even just a script that looks up how much bitcoin p2pool has paid each person since last the script was run would have helped a lot since then I could have paid everyone (aka that one guy) based on how many bitcoins p2pool had paid out. But I don't even know whether p2pool even keeps all the data such a script would need. (Historic list of all payouts to each miner.)

I have a p2pool mining bitcoins, devcoins, groupcoins, coiledcoins, geistgeld, namecoin, ixcoin and i0coin, all that is missing is a tool for paying out devcoins to miners based on how much bitcoin they mined there. I even have scripts posting the relative values of the coins for me to an include-file for shell-scripts that is put online as http://galaxies.mygamesonline.org/latestrates.inc

But so far no luck eliciting such a tool (a divvy up the take tool) using bounties.

-MarkM-

the plan is 100% devcoin, with merged mining on several sha coins. but there is a little twist to it which i will describe later when i get it all up and running

This is nice.  After this an quarter-devcoin pool or 10%-devcoin pool might work  (25% or 10% of earnings converted to devcoin).  I guess you might be able to receive the first part of the bounty, but as I am not an admin, you should most likely ask Unthinkingbit about that.

true, me and unthinkingbit are still discussing it so ill release more info soon in another post

Perhaps, but there was no indication of that in the first post,  nor does this post really flush it out enough to give a reason to use it.

Ok all done, thanks.

because im working on something different perhaps? such as merged mined coins auto converted to DVC? but no btc involved

Why would anyone ever mine at a dvc only pool and not something like  bitparking or FuzzyPool

Well if you first posted yesterday you would have already missed round 27.  Did you just recently register on devtome?  I've only been here for 1 round but before I was put on the receiver list  or whatnot I had to have my submitted articles OKed by an admin.

DVC is merge-mined (you won't find many pure-DVC pools...).

Go check out Bitparking. They merge-mine many coins.

who can't give me a good dvc pool link address