Topic: [DVC]DevCoin - Official Thread - Moderated - page 434. (Read 1058956 times)

If we're talking about the value of backlinks, why not use Google's own metric, which is Google Pagerank? It's their measure of how powerful a domain is - Facebook has a pagerank of 10 while some minor sub-domain with no links has a pagerank of 0. It's an exponential scale - so a site with pagerank of 1 is ten times more powerful than a site with pagerank 0, a site with pagerank 2 is 100 times more powerful than a site with pagerank 0, etc. Also pagerank is calculated on a page by page basis (i.e. they don't just assess the domain. So you can look-up the exact page with a link to devtome.

See the following page for how to pull the api for Google pagerank:

https://code.google.com/p/seostats/

Interesting, bet they thought they might run out of decimal places. Anyone received any share payouts yet? Want to invest some of mine.

I'm thinking about creating a gambling game for Devcoin this week. I think it's going to be simple games, and not that much coding put into it. Probably a raffle game, and probably created using Google Forms since I don't have enough time to code this week.

DVB is the in Devcoin nominated, merged mining part of GMP and the very first Devcoin Cryptostock ever. It supports Devcoin in a comercial way (Supporting the exchange rate to keep it stable by beeing a investment target is not the only activity). In february/march this year the project branded Roboy with the Bitcoin Logo on the head: https://bitcointalksearch.org/topic/m.1510564.
In the last Months a decent amount of funds was sponsored to various new Developers and Projects like http://lawrencevilleplasmaphysics.com. They accept now DVC do to DVB. Im realy not sure what explanation you guys need, i suggest to use longtherm investors feedback. I doubt that there is a single DVB investor that regret that he/she was/is invested in DVB.
https://bitcointalksearch.org/topic/m.1352000
https://bitcointalksearch.org/topic/m.1352073
https://bitcointalksearch.org/topic/m.1432394

For a bether understanding count the project value (and dividends amount) of GMP and DVB together. Merged mining means with the same hashingpower doing two chains simultanously.
Informations about the project acheivments besides just mining, can be found here: https://devda.ch/content/project-achievements
We started 2012 with around 3 to 3.5 gh/s (FPGA). By the end of 2013 we expect to be hashing with at least 1.5 to 2 TH/s (ASIC). Since the 28nm Device (Jupiter) comes watercooled, there gonna be added more for GMP in early 2014.
(Avalon trade-in is upcomming what means at least 5 Devices for GMP)
(3 KNCminer Jupiter are expected for early Oct 2013, payment is allready completed)

I would like to do something against the uncertainity of many people regarding the exchange rate. Its not the first low of Devcoin. Last year it was the same. Today there are projects about to become completed, what will definitly have a huge positive influence on the market. Guys who sell there Devcoins atm. do a huge mistake!
Tranquillo. Devcoin is here to stay.

The goal of the DVB project for 2014 is to get a EOS M280, to be able to offer 3d metal printing for Devcoins. You are very welcome to join us
https://bitcointalksearch.org/topic/m.1989286

Review the idea I just posted and if it's good that is something to build Devcoin around and invest in.

Please review and comment on my idea to improve Devcoin.
https://bitcointalksearch.org/topic/m.2548812

I agree.  I have bought a couple shares of DVB with my faucet earnings and as a way ro learn how the site works.  But I am also unclear on what I am investing in.  I would need to know much more before I would be willing to buy in any significant quantity.

EDIT:


I am guessing this is the reason the DVC asicminer pt share is currently overvalued.  That will likely continue to be the case until there are more DVC investment options.

Interesting question. My first thought was that it's actually the opposite case. The mean of the lowest ask and highest bid of ASCMDVCPT is 10404 DVC. That represents 1/1000th of an ASICMINER-PT share, so we can think of one ASICMINER-PT share as 10404000 DVC. Since 10404000 DVC = 8.22 BTC (via Vircurex), but one ASICMINER-PT share is actually worth 3.07 BTC at the time of this writing. So if you had the equivalent amount of ASCMDVCPT shares, you could sell them for almost three times the amount of bitcoins. And yes you can actually do this if you bought in when ASCMDVCPT was a more reasonable price - I turned 30 ASCMDVCPT  (1/1000th) shares into 30 TAT.ASICMINER (1/100th) shares.

I see what you're saying though. If we measured the worth of DVC by how this stock was doing, then 10404000 DVC would only be worth 3.07 BTC. I don't think this is right way to think about it though - it's better to think of the value of DVC as the exchange rate on Vircurex, because that's how you can actually sell DVC for BTC or fiat. It makes more sense to think of ASCMDVCPT as simply being overvalued. I think if this were a more liquid market, people would realize they could make more money by selling their shares of ASCMDVCPT and buying another kind of share, and the price would come down to a reasonable level, or the people trying to sell shares would lower their prices more. I think the liquidity is stifled by the small number of shares personally. FuzzyBear has mentioned they are going to get more shares soon, but I haven't heard anything further than that.


I meant as far as providing a financial incentive to any investors. ASCMDVCPT paid out 34 DVC per share last week in dividends. 34 / 10404 = 0.003%.

On the other hand, DVB is worth ~188 DVC per share. Last week it paid out 0.03 DVC per share.  0.03/188 = 0.00016%. The highest it paid out was 2.7 DVC per share = 0.01%, which is better than ASCMDVCPT, but it has only been this high twice. Most weeks it is in the 0.03 range.

So while I do think DVB is a good investment if you believe in the vision of DVC and want to help out with the security of DVC's future, but if someone just wants to make money, they are going to invest all their DVC into ASICMINER.

Also, I think you should probably update the info about DVB on Cryptostocks, because it's kind of difficult figuring out what you are actually investing on. Reading the actual DVB thread here sort of helps, but honestly, I'm still mostly clueless about DVB, and I'd like to invest in something that I understand.

Isnt adding 1.5 to 2 TH/s (min. 5 Avalon trade-in and 3x Jupiter preordered) directly to the Devcoin chain solid enough?
GMP and DVB are a merged project operating on a private p2pool mining node (in opeation since allmost a year).

About Ezine, I was mainly making the point that they manually review submissions and will reject articles which don't meet their specifications, and that had much to do with their success.  This means that 1, real human eyes are important, may even be vital, for an effort like Devtome; and 2, specifications or standards about what is considered acceptable content is also necessary if reviewers/editors are to make any sort of objective assessment of the content they are reviewing.  The value of Ezine for backlinking and traffic generation today relative to a few years ago is probably best discussed on an Internet marketing forum, so I won't argue about that point here

Wondering if a good place to start exploring is with this question:  What exactly is trying to be accomplished with the Devtome?  Related to that, what kind of content would best move that vision forward?

Once those questions are answered and clearly expressed, then followup questions would pertain to the specific content requirements, and then those requirements should be clearly posted so as to attract the writers who are able to write to those specifications while encouraging writers who do not write to those specifications to move on.

Having said all that, I do recognize that part of the vision of Devtome is to give freedom to writers to be creative and express themselves, and it would seem that having content requirements would work against that.  I don't have an answer at this point.  As a professional writer I can write to just about any specifications if it's a good job.  As a creative writer, I really like the current freedom to just write about whatever I feel like writing about.  The latter is definitely easier and more fun, but is it really what the Devtome needs?

That was something I was going to ask Fuzzy over on the Devcoin forum--if the ASIC Miner pass through share price was actually tied to the actual price of an ASIC Miner share, as in 1/1000 of whatever an ASIC miner share is worth these days, or if the price is merely based on how many devcoins people are willing to pay for that share on the Cryptostocks exchange.

Since ASIC miner shares have a price that's easy to look up, if they are selling for more than that on Cryptostocks, wouldn't that serve to further devalue the Devcoins?  I mean, wouldn't the exchange rate of DVC relative to BTC then adjust to reflect an equivalent value for the ASIC Miner PT share?  At any rate, it's a good reminder for me to check how the price of the ASIC miner DVC PT share translates into BTC *before* placing a buy order on Cryptostocks.

Mmm, I think maybe an auction-type site may help out with getting a little more usability on DVC, but you're right about needing more actual uses. One thing Feathercoin has been doing that I love is that they have really been pushing for things like merchant adoption, giving a value to FTC.

DVC should work on the same type of thing, getting merchants on board. While the merchants will be converting their DVC to fiat most likely, it should happen on a much smaller rate because it helps show people that the DVC has value and that there is reason to hold it. As it is now, I agree that the valuation of the coin is pretty low, and this is due to the lack of real uses as of now.

Agreed on all counts. ASCMDVCPT is awesome because it generates BTC from dividends and turns them into DVC, which raises the exchange rate, and offsets all the selling off of DVC that is happening. Unfortunately, right now ASCMDVCPT shares are overvalued - I just sold off about half my shares and was able to by nearly 20x of the equivalent shares by buying TAT.ASICMINER shares instead. I think this could potentially be solved by twobits/FuzzyBear buying a few more passthrough shares and issuing more ASCMDVCPT shares for a more reasonable price. Without competitive share prices, people are just going to sell their DVC for BTC and invest in ASICMINER directly. Perhaps someone could offer a service that acts sort of like ASCMDVCPT, but with the price fixed to the TAT.ASICMINER value?

As far as other DVC investments, I'm not sure there really is any solid investment one could offer other than an investment in ASICMINER... as far as I can tell, no other cryptostock has come close. We're going to need more options than just investing in ASICMINER to convince people to not cash out their DVC.

One other solution I considered was to make some sort of service allowing people to buy things directly with DVC - think BitPay or Gyft but with DVC instead. This way people wouldn't be in such a hurry to sell off their DVC for fiat. Although of course the problem here is the service would still be forced to somehow exchange the DVC for fiat in order to actually purchase the goods for their customers.

Thoughts?

1+

I'm still working on coming up with a working solution. Essentially what I'm working on is finding something that is very difficult to exploit. So far everything I've seen tossed out is easy to manipulate.

It's definitely an interesting discussion though, and I'm always up for hearing new ideas people have. Coming up with a great solution has been ridiculously difficult, and the more people that are able to get involved, the harder it gets (ex. with voting systems).

One issue I've been having to try and work around is the fact that non-writers are allowed to join in, as well as those that write in other languages. As a direct example of what I am used to as a writer, it's more of a tiered approach, and I think it may work here as well if it's adapted in some way (I'm also willing to help work on coming up with a solid way of handling it). Essentially what has worked the best is to turn it into what you would expect from a job:

1) You are starting out as a newbie (generally) so you get paid minimum wage
2) If you aren't doing a good job, you're let go. If you are, move to #3
3) As your skills improve, you are promoted to a higher rank (and therefore higher pay)

The hard part here is determining 1) what the ranks should be and 2) how to determine promotions.

Some people may take this the wrong way, but it's the truth: not all writing is equal, nor should all writers be paid the same. Much like three mathematics professors will get paid different wages depending on their knowledge and experience, writers for DVC should be treated as separate people. It goes along the same lines as when you hire a writer. You can find someone to write an article for you at the cost of $5, but the quality will be noticeably different from someone who has more experience and charges more. While the cost for this other writer may be $30 per article, the quality is better and they are well worth the extra cost.

i agree aswell with this argument, so basicaly this is the layering of the voting, this system has to be worked out in a way that all actual guys in charge has a tool to work with, but by now they just have contributed texts probably page views.

ranio, what would you suggest?

The problem with a voting contest is that it becomes more of a popularity contest. The number of people who vote is usually small enough (say 5k max if you have 1 million people) that it's very easy to sway the votes in your favor, without even having to try. I've always been against this type of thing and I will continue being against it.

The only real way to determine quality of content on a somewhat fair scale is to have a person, or a small group of people, review submissions and give their own input.

i agree with wiser

I suggest independent of the writings there should be a competition about the quality of the donated articles, what would according to the ranking define the amount of gained DVC funds in addition to the method of defining charity donation receivers.

I think the bounty should be defined in various layers of interest not just in one - the word count.

Factors like atractivity and emotional expirience usefullness etc. are not yet involved and could be solved by a viewers voting system

This voting based method on top of the layer of the actual one would open the window for music and video, and shape the texts on devtome aswell.

Round contests for:

the best text
for music/audio (what about audiobooks)
for video
etc.

I allso suggest a voting layer of the admin team for the contributors and vice versa.

After working out such a system the next step would be the decentralized storage place for all the results.