Author

Topic: HEADS UP ALL - DVC is CLIMBING!! (Read 775 times)

sr. member
Activity: 406
Merit: 250
December 15, 2013, 07:30:23 PM
#11
Wow thanks for the awesome advice jr members!
legendary
Activity: 1764
Merit: 1000
December 15, 2013, 07:26:29 PM
#10
And so DVC entered the new breed of pod of whales scheme of pump and dump... sexcoin... quarkcoin... who's next?
full member
Activity: 168
Merit: 100
December 15, 2013, 07:11:31 PM
#9
Given the low price and low market cap with DVC, it will be outperform other currencies.
I am not so sure about all the other cryptocurrencies, WDC might have some potential despite it has risen already quite a bit.
DVCs are however the coins of 2014 according to my analysis.


aren't there about 6 billion coins in circulation? how would you justify a price rise to $0.1 - $1

First of all, the currency must be valued in trillions of dollars to be remarkable/reliable (for example, Australian dollar's market cap is around 2 trillion USD). To be even a middle size currency the market cap has to be something like this.
Secondly, if I want to purchase/donate someone 1 dollar in DVC, I will need to to buy enough of DVCs to get value worth of 1 dollar. This drives the price higher until it reaches the parity.
The more it rises, the less I need to buy DVC to get 1 dollar worth of DVC and if it drops, I need to buy more DVCs to get 1 dollar worth of DVC not to mention if I want to hire someone and pay him/her in DVCs - then I need a real stash of DVCs with the current rate and it drives the demand of DVCs up towards the parity.

6 billion is nothing. When the coin costs 1 USD each it is just worth of 6 billion USD (to be a significiant currency, it should go actually 1000 higher even from this - the DVC should cost 1000 USD each when 6 billion in circulation).
sr. member
Activity: 308
Merit: 251
Giga
December 15, 2013, 06:55:23 PM
#8
Given the low price and low market cap with DVC, it will be outperform other currencies.
I am not so sure about all the other cryptocurrencies, WDC might have some potential despite it has risen already quite a bit.
DVCs are however the coins of 2014 according to my analysis.


aren't there about 6 billion coins in circulation? how would you justify a price rise to $0.1 - $1
full member
Activity: 168
Merit: 100
December 15, 2013, 06:49:32 PM
#7
Given the low price and low market cap with DVC, it will be outperform other currencies.
I am not so sure about all the other cryptocurrencies, WDC might have some potential despite it has risen already quite a bit.
DVCs are however the coins of 2014 according to my analysis.
legendary
Activity: 868
Merit: 1000
Cryptotalk.org - Get paid for every post!
December 15, 2013, 06:35:04 PM
#6
IXC will likely rise in sympathy.  Both coins benefit from massive hash rate as a result from merge mining with bitcoin.

95% however of all DVC coins goes to the development team,  which is unlike IXC (which is more like BTC).

So the dynamics are going to be different.

In general, all 3 merged mine coins, NMC, DVC and IXC are going to do very well in the long run.
hero member
Activity: 722
Merit: 500
December 15, 2013, 06:31:23 PM
#5
From what I can read Devcoin has been about a couple of years or more,looks like this is in for the long haul

Well thought out future without being too over the top like most of the new ones Cheesy

full member
Activity: 168
Merit: 100
December 15, 2013, 05:56:18 PM
#4
Hopefully it does - then I can buy more of them.
However, I do not believe it will come down. There are a lot of new-comers as it has been weekend and people have been reading the forum and studying and finding the best altcoin currently.
The thing is, it cannot be this low as it is now. A person who donates someone 1 DVC is considered a stingy one. The demand for donating will raise the price (if somebody wants to donate 0,001 worth of BTC, he will acquire 0,001 worth of them and this drives the price to the level of 0,001 BTC and even higher. This is the fundamentals of this rise to 0,001-0,01 BTC levels).
newbie
Activity: 49
Merit: 0
December 15, 2013, 05:48:04 PM
#3
Are you sure it isn't just being pumped? It certainly doesn't seem like organic growth, given how quickly it's risen... it could just as easily fall back to where it was a week ago.
full member
Activity: 168
Merit: 100
December 15, 2013, 05:43:16 PM
#2
1000 times from this minimum before the beast slows until it hits 0,01 BTC which is the bubble-area for manics.
This is the best machine to make BitCoins right now.
Do not sell before it passes 0,001 - otherwise you are not able to re-buy them cheaper. Do not trade this beast unless you want to loose the potential gains you are about to get with this.
hero member
Activity: 874
Merit: 1000
December 15, 2013, 05:17:45 PM
#1
Just stumbled across this today. DVC doubled in last couple days. Trajectory could be 10x this ?? Crazy times in the altcoin world
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