Topic: [DVC]DevCoin - Official Thread - Moderated - page 41. (Read 1058949 times)

Indeed!!

Yes, we need a lead dev.

Second announcement of the day:

DevFund is being assigned additional 25 ongoing shares for development and maintenance of the devcoin source code. Its official address is 19hM1CJzN2FYiR8CcrEe2X7SbJ69xH8nZ6.

DevSTEEM is being assigned additional 25 ongoing shares for covering expenses, buying more STEEM POWER and having more liquidity, so that we can scale up the sell rounds. Its busy address 1LjmvaTGGQNRDrZPmQpWmXM3kubfAadmGC well deserves your attention.

Go go Devcoin!

- develCuy

Edit: Added links to addresses tracker in the blockchain explorer

Just to let you all know that the Devtome project is being assigned 50 ongoing shares from round 98. This is similar to DevFund (budget for devcoin source code) on charge of the Development team, and the DevSTEEM fund managed by myself. For Devtome, the funds are on charge of the Devtome team, with the leadership of Novacadian.

The official address of Devtome Fund is: 1FQsjzmQvpETEfsR8CwyoL9HThE56mEry

We keep all these info open for public audit.

Go go Devcoin!

- develCuy

P.S: Ending: ThE-56-mEry was just pure coincidence.

Nice.  Let me know if you guys need a lead dev.   

DevCoin Admin Role Call Completed

The HR Resources Page [1] has been updated to reflect the response from the Role Call of DevCoin Admins over the last month. Those who have not responded have been removed from the HR Resources page and will also be removed from the share rewards starting in round 98.

- Nova (HR Admin)

[1] https://www.devtome.com/doku.php?id=devcoin_human_resources

Get a cheap PC, Windows wallet works great.

If you find the Mac version unusable you could always make a dual Ubuntu boot (or even a boot-able Ubuntu memory stick). My Ubuntu runs a Linux DVC wallet flawlessly.You could then put the stick in cold storage. Hope that may work as a temporary solution.

- Nova

any help with mac os wallet? still have yet to find any help and the wallet that is on the devcoin website looks ancient and hard to use. where can i store my dvc until something is better built? any cold storage as it feels like my coins are not safe.

I think its due to no movement of the coin. also it seems someone is hoarding the coin and wants to do a "fake coin" on loan while they hold their coins, is what i read above. at least that is how i read it. lol seems shady either way.

Yes I agree.I normally state volume/liquidity together so I stand corrected in this case.I also stand another point and that is "its all about money"  

~"just here for the tech"
~Pinocchio

Hey, it beats eating sh1t sammiches and day drinkin’.  :/

Dear God I love to mooch.

Once the week extension of the Admin Roll Call expires a list of those which had not been responsive will be submitted to develCuy for removal from the share list. The hope is that the next round will include only active admins with the continued, temporary, moratorium on DevTome rewards. Attention shall then be given to project support.

- Nova

Ye.

And speaking of updates...I like:

www.traxo.me

 

Also, who is monitoring the share list? http://www.devtome.com/doku.php?id=bitcoin_share_list
It appears that authors of some projects which are seemingly abandoned, are still receiving rewards for some reason? (I guess that specific admin is also still getting paid, ironic, lol)  

I presume we still use https://github.com/Unthinkingbit/charity so I guess it needs to be updated?

Yes, exactly. LIQUIDITY not VOLUME. Liquidity is how much you CAN buy or sell. Volume is how much actually gets bought or sold, and it consumes liquidity.

It is the difference between makers and takers, makers create liquidity by putting orders onto the order-books. Takers wipe offers off of the order-books by taking the offer.

Historically within the game most large trades are done between individuals or (the representatives of) groups, not on the "spot markets"; if the spot markets seem to be working well as a way to discover fair value then the couple making a deal can use them to arrive at a deal they both like, but using computed values based on the "treasuries" of the currencies means they can see when spot prices seem "out of line" with "underlying value" and they have a value per coin across all the coins, a "unit of account" so to speak, whereas looking at spot markets you only see a value for a few instances of the coin, not every last one of them. So with spot markets some of the "fungibility" of the coin is lost, this one on this market is worth a different amount than that one on that market, the coins are in a kind of sense not "fungible".

The computed values let you go like ah ok the total value of all the coin minted is X that is why the value for this 1000 of them is Y, instead of the other way around. We are in a way computing value per coin from the actual "market capitalisation" aka the treasury, which is certainly the "capitalisation" if not strictly speaking the "market capitalisation".

-MarkM-

Volume is basically a fraudulent metric. What matters is to be able to see demand, so that you are sure that you can sell at any time. You need deep buy-side so that coin has value.
What good is $100,000 daily volume when that's just bots trading with each other so that when noobs sort-by volume most fraudulent coin pops up first on the list?

Tho I guess decent volume would come in handy to get listed on CMC, but whatever.
(Maybe coinmarketcap should only list coins which has buy-side $50,000 or more?)

You need price discovery, not volume.

How many NMC does 100m DVC get you?

Offering to buy stuff USING DeVCoins at "Latest Rates include file" prices:


The main bottleneck making trades on the scale of $100,000 at a time awkward is simply that I do not actually have that much DeVCoin on hand to buy things with.

I only have about half a billion or less DeVCoins across various platforms (including the actual DeVCoin blockchain) so to pump $100,000 of value through DeVCoin currently would require several transactions, with some method of re-acquiring DeVCoins between each spend of them, unless you would like to sell me $100,000 worth of DeVCoin for some other things on the above list.

I only have limited quantities of each asset, heck some of those shown I have none of personally right at this moment. But there are some of them that I would be willing to trade $100,000 worth of FOR DeVCoins at these prices. So if you would like to help grow the liquidity, thus enabling higher volumes to be easier to achieve, maybe you can sell me some DeVCoins for other things on the above list?

$100,000 CAD seems to amount to about 367633542.88400000 DeVCoins at these prices, the zeroes on the end result from my calculations being at scale=8, that is, 8-decimals accuracy.

In order to increase liquidity I would love to buy 367633542.88400000 DeVCoins using various assets from this list.

Maybe I could interest you in a spread of the Galactic Big Seven currencies CDN, GMC, GRF, MBC, NKL, UKB, and UNS ?

-MarkM-