[DVC]DevCoin - Official Thread - Moderated - page 414.

ranlo

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Quote from: alyssa85 on July 28, 2013, 01:23:27 PM

Quote from: sidhujag on July 28, 2013, 01:19:52 PM

most of us already know it was him but his pump created a massivr bull chart imo.

I guess I'm the only innocent around here then. I expect it's because I'm a girl.

Everyone knows there are no girls online... unless you mean like GIRL = Guy In Real Life, o.O

alyssa85

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Quote from: sidhujag on July 28, 2013, 01:19:52 PM

most of us already know it was him but his pump created a massivr bull chart imo.

I guess I'm the only innocent around here then. I expect it's because I'm a girl.

sidhujag

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most of us already know it was him but his pump created a massivr bull chart imo.

alyssa85

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Quote from: ranlo on July 25, 2013, 05:37:25 AM

Quote from: alyssa85 on July 25, 2013, 05:09:27 AM

Quote from: weisoq on July 25, 2013, 04:31:38 AM

Quote from: alyssa85 on July 25, 2013, 04:15:26 AM

Quote from: weisoq on July 25, 2013, 04:06:16 AM

Because those who've earned them them are selling at lower and lower prices - implying that many value their efforts and those of others at a (far) lower level than that initially paid, or where they perceived that payment level to be. It's probably better this happens asap as gives a indicative clearing level of the value of e.g. writings by writers, and therefore I hope a means of re-assessing sustainable payments and shares.

That's the classic theory - in practice I think people are operating on fear and panic. They fear they'll get nothing if they wait to sell, so they sell. I've held onto all mine and sometimes I wonder if I'm a mug. Then I console myself with the thought that when fear and capitulation are greatest, that's when the market turns...

That may be true, but it doesn't really matter - it still implies shares for one or more projects (or perception of them) were overpriced else instead of selling on fear and panic at that price those people would be buying up the sales of others' efforts.

Well we can always experiment with the price. How about in the next writing round, the pay is half a share per 1000 words. We can then assess whether there is the same dumping. If dumping stops and the price rises, we can declare a success and keep it at half a share per thousand words. I'm all for it. Half a share at 148 satoshis per devcoin is worth much more than a full share at 47 satoshis per devcoin.

What do we need to do to make this happen?

I don't want to call out anyone publicly but what I will say is that the tanking price occurred after a single specific event: someone dumped over 20 million coins on the market on their own, tackling the big buy walls that were already up. This is what caused the downward spiral and the "panic selling" we are seeing, and is what has killed the price for the time being. It wasn't a large group of people, it was a single one.

Now, with that said, I think the current reward system is good. People just need to start paying more attention to what they're doing before they make drastic decisions.

Ok I think I've solved the mystery - the price in May and teh subsequent dump was down to a character called Fontas - see the following:

http://trollboxarchive.com/search.php?search_type=all&search=dvc#

We genuine community members are such a bunch of innocents, arn't we?

Unthinkingbit

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Four days have passed so the troll blocking bounty is official:
https://bitcointalksearch.org/topic/m.2777759

When I told friends about a few things that people could buy with bitcoins, the only one that was wanted was the Amazon gift card. A business could buy Amazon gift cards directly or with bitcoins:
http://www.itradebtc.com/index.php?route=product/category&path=59

and sell them for devcoins. I suggest a 12 share award for the first business to sell a gift card in devcoins, 9 for the second, 6 for the third, and 3 for the last. I also suggest a 2 share award for the first person who writes about a post at least 50 words long about buying the gift card from each business, and a one share award for the second person. Any objections?

After at least one devcoin business sells an Amazon gift card, as per Ranlo's suggestion we'll make a bounty thread for people to post what they want to buy in devcoins.

Edit: The first Amazon gift card business has been made:
https://bitcointalksearch.org/topic/m.3091835

so the next award is 9 shares.

Unthinkingbit

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Wiser and Worldinacoin both joined as signup admins. Wiser also chose to be a file admin. Weisoq has resigned from his signup admin post to concentrate on writing, he is welcome to become an admin again whenever he wants.

To encourage the admins to stay on, I'm increasing the maximum admin pay from 10% of the total to 15%.

Icoin

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DVC Generation Share listing request:

There are two projects that i would like to suggest to add to the developers list:

http://www.freecadweb.org/

and

http://salome-platform.org/

I kindly ask the Devcoin Comunity to support our effort (for example you can ask for a DVC donation address

)

DVB will publish future releases in this standard. It simplyfies things for the real world and for virtual worlds.

Thank you!

https://www.youtube.com/watch?v=QzfT-ZDp0Wo
https://www.youtube.com/watch?v=2caHYngtTmM&list=PLXZrK-O9Bx8rWv2bXBWBM1jI4KlDOWxMI

wiser

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Quote from: ?? on ??

From DVC sales, I've tried to kick in about 1 BTC worth of buys as well as putting up buy walls. I tried to follow the posted advice to sell a portion and use a portion to buy back, but it seems forced. Like just another trader trying to manipulate the price.

So then I put about 30% of my DVC in cryptostocks.com. I also have some sitting on mcxNOW, but it's not being put to any practical use.

Question: Where else can I use the DVC to reinvest in the coin/community? Are there other places like cryptostocks that will take DVC and reinvest it?

I really like cryptostocks since it's not a straight sale and the coin is doing something for me while also for someone else and it's not further degrading the current prices.

+1! Yes, give us good ways to invest our DVC and we won't need to sell so many of them.

K1773R

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/dev/null

Quote from: markm on July 27, 2013, 10:39:14 AM

The 100k at each satoshi up and down is me, I have them all the way from 1 to over 300 or 350 or something and replace them when they get eaten.

Except for a little gap around the active zone to account for fees and a modicum of profit of course.

-MarkM-

hehe, why did i knew that Tongue

wiser

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Quote from: alyssa85 on July 27, 2013, 10:32:58 AM

^^ There was a big buy wall at 74 sat last night, about 12btc worth, and it wasn't eaten, it was removed by whoever set it up and replaced with a series of small buy orders 100kdvc in price steps down, designed to force dumpers to get less and less for their coins, especially as no-one else is stepping in to buy.

The whole thing is fascinating - wonder what the next stage of this saga will be...

That is VERY interesting. I was wondering what happened to that wall...

markm

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The 100k at each satoshi up and down is me, I have them all the way from 1 to over 300 or 350 or something and replace them when they get eaten.

Except for a little gap around the active zone to account for fees and a modicum of profit of course.

-MarkM-

alyssa85

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^^ There was a big buy wall at 74 sat last night, about 12btc worth, and it wasn't eaten, it was removed by whoever set it up and replaced with a series of small buy orders 100kdvc in price steps down, designed to force dumpers to get less and less for their coins, especially as no-one else is stepping in to buy.

The whole thing is fascinating - wonder what the next stage of this saga will be...

K1773R

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/dev/null

well the pump was backed by 100k coins at each satoshi increment, obvious it cant sustain for long Tongue

wiser

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Quote from: ?? on ??

It seems someone is really having fun with DVC: going down again, maybe down to 1 BTC = 2 million DVC in less then 1 day.

Shocked

I noticed that too. Maybe someone will pump it up again. Maybe it won't drop down to quite as low as it was before.

The Goat Master

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Off topic but I can publish your devotee article on the kindle
http://devtome.com/doku.php?id=devtome_kindle_publishing_service

sidhujag

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Quote from: Vlad2Vlad on July 27, 2013, 02:22:25 AM

Quote from: sidhujag on July 27, 2013, 01:56:29 AM

Quote from: Vlad2Vlad on July 27, 2013, 01:46:29 AM

Quote from: wiser on July 26, 2013, 10:14:49 PM

Whoever orchestrated today's massive pump, thanks for the demonstration. Now I think I understand what it is. I only wish I'd been able to watch it more closely as it was happening (I was away from the Internet until after the fact). I'm certainly happy with the results, though.

I didn't panic dump either. I had a low price in mind below which I wasn't going to sell. I picked up more DVC stocks while waiting out the low. If I weren't so keen on ASICMINER shares I suppose I could pick up a new hobby of selling DVCs high and then buying more of them when the price drops. One of these days, maybe :-)

So how is it up 250% when someone dumped 50 million? Unless it was orchestrated - someone wanted to buy a lot and a seller was spoken to and the huge buy may have brought in attention and other buyers. Cause normally a dump that huge causes a bigger drop c. With stocks selling begets seeking as fear kicks in and buying begets more buying as greed kicks in.

So this then wasn't so much a 50 million devcoin dump as much as a huge pre-planned block purchase which would then explain the huge jump in value.

In order for rising prices you must buy above market. There was no selling except
at 85 and the second phase kicked in there. Now you know what im talking about that its backed up by strength.. Theres still over 150 mlion waiting to be bought for those who challenge the
pump here.0

I'm glad to hear it. I bought at much higher prices although I'm looking at this long term snd once the BITCOIN ETF takes in a few months you're gonna see bankers come in and take this crypto market to a whole new level.

Ya me too just be in buy only mode hold for long long term buy every increment down.

Vlad2Vlad

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Quote from: sidhujag on July 27, 2013, 01:56:29 AM

Quote from: Vlad2Vlad on July 27, 2013, 01:46:29 AM

Quote from: wiser on July 26, 2013, 10:14:49 PM

Whoever orchestrated today's massive pump, thanks for the demonstration. Now I think I understand what it is. I only wish I'd been able to watch it more closely as it was happening (I was away from the Internet until after the fact). I'm certainly happy with the results, though.

I didn't panic dump either. I had a low price in mind below which I wasn't going to sell. I picked up more DVC stocks while waiting out the low. If I weren't so keen on ASICMINER shares I suppose I could pick up a new hobby of selling DVCs high and then buying more of them when the price drops. One of these days, maybe :-)

So how is it up 250% when someone dumped 50 million? Unless it was orchestrated - someone wanted to buy a lot and a seller was spoken to and the huge buy may have brought in attention and other buyers. Cause normally a dump that huge causes a bigger drop c. With stocks selling begets seeking as fear kicks in and buying begets more buying as greed kicks in.

So this then wasn't so much a 50 million devcoin dump as much as a huge pre-planned block purchase which would then explain the huge jump in value.

In order for rising prices you must buy above market. There was no selling except
at 85 and the second phase kicked in there. Now you know what im talking about that its backed up by strength.. Theres still over 150 mlion waiting to be bought for those who challenge the
pump here.0

I'm glad to hear it. I bought at much higher prices although I'm looking at this long term snd once the BITCOIN ETF takes in a few months you're gonna see bankers come in and take this crypto market to a whole new level.

Vlad2Vlad

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www.ixcoin.net

Anybody know of seeking alpha ever published my article. I made a strong point in there about devcoin although I had to keep the article focused on stocks otherwise they'll never publish it. I expected some activity once the article went out as it goes out to about 30,000 active stock investors and many never heard of crypto coins and many are speculators just like me (perfect target market for devcoin) which is why I came in this crypto world.

Cause something had to trigger the desire to buy 50 million coins. That's a lot considering the price keeps going down.

I'll have to check my seeking alpha account to see.

sidhujag

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Quote from: Vlad2Vlad on July 27, 2013, 01:46:29 AM

Quote from: wiser on July 26, 2013, 10:14:49 PM

Whoever orchestrated today's massive pump, thanks for the demonstration. Now I think I understand what it is. I only wish I'd been able to watch it more closely as it was happening (I was away from the Internet until after the fact). I'm certainly happy with the results, though.

I didn't panic dump either. I had a low price in mind below which I wasn't going to sell. I picked up more DVC stocks while waiting out the low. If I weren't so keen on ASICMINER shares I suppose I could pick up a new hobby of selling DVCs high and then buying more of them when the price drops. One of these days, maybe :-)

So how is it up 250% when someone dumped 50 million? Unless it was orchestrated - someone wanted to buy a lot and a seller was spoken to and the huge buy may have brought in attention and other buyers. Cause normally a dump that huge causes a bigger drop c. With stocks selling begets seeking as fear kicks in and buying begets more buying as greed kicks in.

So this then wasn't so much a 50 million devcoin dump as much as a huge pre-planned block purchase which would then explain the huge jump in value.

In order for rising prices you must buy above market. There was no selling except
at 85 and the second phase kicked in there. Now you know what im talking about that its backed up by strength.. Theres still over 150 mlion waiting to be bought for those who challenge the
pump here.0

Vlad2Vlad

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www.ixcoin.net

Quote from: wiser on July 26, 2013, 10:14:49 PM

Whoever orchestrated today's massive pump, thanks for the demonstration. Now I think I understand what it is. I only wish I'd been able to watch it more closely as it was happening (I was away from the Internet until after the fact). I'm certainly happy with the results, though.

I didn't panic dump either. I had a low price in mind below which I wasn't going to sell. I picked up more DVC stocks while waiting out the low. If I weren't so keen on ASICMINER shares I suppose I could pick up a new hobby of selling DVCs high and then buying more of them when the price drops. One of these days, maybe :-)

So how is it up 250% when someone dumped 50 million? Unless it was orchestrated - someone wanted to buy a lot and a seller was spoken to and the huge buy may have brought in attention and other buyers. Cause normally a dump that huge causes a bigger drop c. With stocks selling begets seeking as fear kicks in and buying begets more buying as greed kicks in.

So this then wasn't so much a 50 million devcoin dump as much as a huge pre-planned block purchase which would then explain the huge jump in value.

Topic: [DVC]DevCoin - Official Thread - Moderated - page 414. (Read 1059181 times)