Bitcoin Forum

http://devtome.com/doku.php?id=devcoin_advertising_campaign

 Devcoin was created by developers, and supports independent developers and artists. Meaning, this coin supports the creation of FREE TO USE: Games, Music, Videos, Stories, Graphics and more.

 Most coins when mined, all go to the miner. When Devcoin is mined, 90% of the coins generated go straight to Devtome which is a project that helps developers and artists earn Devcoin.
 
 I write on Devtome, and I am earning 20,000,000 Devcoin for writing 64,000 words this month.

 20,000,000 DVC trades for 40 Bitcoin
 40 BTC trades for over $4,000... for 64,000 words
 Which makes every 1,000 words worth over $50. Who can afford NOT to do this, lol.

 The eventual goal of Devcoin and Devtome can be found by looking at the Devcoin bounties. There are tons of projects listed, including: Creating a village, creating vehicles and creating a 1 seat rocket that can enter and exit space multiple times.

 These projects will help not only Devcoin, but Bitcoin come to the light as a charitable and progressive cause.

Right now there is a word limit of 80,000 words per person, per round right now :) To make sure shares don't get too small :)

http://devtome.com/doku.php?id=devcoin_advertising_campaign

So we can write about whatever we want? Even creative fictional writing?

Yep :)

How do we submit it, and is there a stable ratio for Devcoins to words typed? Does quality weigh in on the payment? (I sure hope so). When would I get paid from the time of sending in the writing?

EDIT: I plan on writing How-To guides for this, so I am very interested.

1. To submit, first you register.
2. Then you send 50 words of your first article that you plan on writing to the Bitcointalk member "Fuzzy Bear".

There is a stable ratio, but it is not DVC/Words.

The way it works is this:
There are 180,000,000 DVC on Devtome per round
You get ONE share for 1,000 words
At the end 180,000,000 is divided by xxx,000 words and you get your shares based on each 1,000 words
Quality doesn't weigh in to payment, but there is a new ratings system. And copied and pasted stuff WILL BE DELETED, or even get you banned.
You get paid at the end of the round. Next payment (for last round) is block 92,000 then payment for this round is 95,300 but the round ends at 92,000

So when you say anything you want, something like a essay/story about a vacation I took would be acceptable? Or does it have to relate to devcoins? Sorry for the noob question :)

PUBLIC SERVICE ANNOUNCEMENT:

If you ever want to make the coins you have stashed more valuable, what you need to do is this:

When you earn your coins (let's say 5,000,000) save 1 million in a wallet. Sell 4 million to make money. Then spend the money from 2 million of those coins, to buy 1 million coins at 2x the price. Now your coins are more valuable :)

Anything, as long as it is original.

Thanks and yes it's all original :). One last (set) noobish question(s) for now - in a previous post you said to "send 50 words of your first article that you plan on writing to the Bitcointalk member 'Fuzzy Bear'", so I would send him a PM containing those 50 words? Then would he tell me how to post that article somewhere where I can get credit for it? If not, what happens after I send him the 50 words?

Thanks

First register on devtome.com then send the 50 words to him so he can accept your register.

My English isn't good enough to write articles, but how do you earn devcoins for making graphics?
Really interested in that one.  :)

There is currently a contest to make an official Devcoin logo. You can earn some that way, or posting the graphics to devtome. Each picture counts for 10 words.

Also look at the current bounties, there may be some graphic design projects.

BTW, Devcoins will be good to have if you want to advertise stuff soon. I heard there is a program being made that's like adsense, but ads are paid for in Devcoin.

I have heavy interest in this. Also sent a PM to FuzzyBear and am waiting for a response.

Same. I wouldn't mind throwing some earnings towards advertising.
Good luck with the registering :)

Very interesting, in my other life I am a Geologist and love writing about the geology around my home state. PM sent to FuzzyBear, let the writing begin!

Nice.
It takes a while to get paid, but it's definitely worth it.

Well if there is one thing geology teaches us, its that time is all we've really got. :D

Well, I'd say time is really something we don't have... I don't even believe it exists...

"Time" is just the Earth spinning around the sun
"Age" is just your cells splitting and the Earth spins around the sun
"The Past" is just what now used to be
"The Future" is just what happens after a little birth, splitting and deterioration.

But none of the "measurements of time" are real, they are just measurements and nothing more. If you believe it is real you are stuck in "Chronos".
The world needs more "Kairos" time.

[/b][/u][/size]

Incase anyone missed this :)

We are around block 90100, meaning that there are about 1900 blocks left to the next payment :)
So get your 1,000+ words in :)

Get DVC on more exchanges:
https://bitcointalk.org/index.php?topic=212727.new#new

I just registered an account, I should be able to start writing tomorrow :) I really like DevCoin so far, hopefully it'll pick up momentum!

It will :)

There are now like 3 YouTube videos about it, and more coming soon :)
Plus there are more ways to use it now :)

Also, is there an official place to download the DevCoin wallet? I'm using an exchange atm and I know it's not going to work with devtome, but all the dl links i've found so far are sketchy :L

Search "Wallet" on Devtome, there are some links.

Thanks, installing it now!

No problem.

http://www.devtome.com/doku.php?id=wiki:user:hellinoos&s[]=remedies&s[]=herbal
Check out my new articles!!!

I already written two articles about herbal remedies around 2500 words? What is the the amount of devcoin I will earn?

Nice.
It's not a set amount, it's based on shares.

I don't quite get the concept... Perhaps a small scenario will do the trick.

Every round there are 180,000,000 coins to be shared.
Each 1,000 words = 1 share
Last round 500,000+ words were written, so it was 180,000,000/500+ So each share was like 350,000 DVC
Your personal payout can't be calculated until they start running the script.

You get 1 generation share per 1,000 words.

Every round, which is around every 1-2 months, Devtome receives 180,000,000 DVC from the miners. (Because 90% of the generated coins go to places like Devtome).

The DVC is split up depending on the amount of generation shares.

In round 23 there were 501 generation shares, so the average number of devcoins per share was 180,000,000 dvc / 501 = 359,281 dvc, at the prices of the time that was $76.

In round 22, there were 125 shares, so a generation share was 180,000,000 dvc / 125 = 1.44 million devcoins. The value at vircurex was 1.48 mbtc/dvc, which worked out to 2.13 btc. At the mtgox price of 93$, that worked out to 198$.

EDIT: This round will be calculated in sixteen days from now, this is your chance to get some free DevCoin!

EDIT2: Before, one generation share fetched a whopping $500: https://bitcointalk.org/index.php?topic=34586.msg1890430#msg1890430

Check out this thread and help people from countries that speak other languages learn about Devcoin.
https://bitcointalk.org/index.php?topic=215677.msg2263566#msg2263566

Slowly making progress on my first article ^_^

http://gyazo.com/40496715fa021b3b04f30dd9d89cd7bd.png

Already sent the first 50 words to FuzzyBear to have it reviewed. Going to go have some breakfast, hopefully I can bring this up to a 1,000 word article ;P

Another question: Say I write a 200 word article, then a 300 word article, then a 500 word article. Do the articles all add up and form 1 generation share?

Nice.

And yes, the words add up.

Oh my god, this is a-ma-zing! I absolutely LOVE writing, anything, serious articles, essays, from fictional stories! And now I can get DVC for it?! I've got to send a PM to this FuzzyBear, I like him. This is cool!

I felt the SAME way when I first figured it out :) I'm basically still that excited about it :)

Good Luck

http://i44.tinypic.com/2w2rlub.jpg

So basically you are telling people to collude and build value just like a Pyramid or Ponzi scheme. Ok, got it. Seems honest and a great idea for a coin that is a developer effort.  ??? ??? ???

FinShaggy speaks not for the DVC foundation, keep that in mind. His opinions on DVC are driven by his passion for the coin.  No different than anyone else who promotes their coins...

This is how the market works, sorry if you don't like watching economics happen.

Buy low, sell high.
(Buy all the cheap stocks, Sell when the price goes up)

I do have a question - how does the script know what DVC address to send coins to?

You have to put it in your invoice.

This is the page the script looks at for each person (You can see yours by clicking your name at the top of Devtome after you log in)
http://devtome.com/doku.php?id=wiki:user:finshaggy

I have a question:

On http://devtome.com/doku.php?id=how_to_get_setup_earning_devcoins_by_writing , it says:
"4. Write your articles and reference your work on your userpage

Now you are ready to write and article, go to the url of the title of your article; so if your article is on the precious metal Gold go o the url http://www.devtome.com/doku.php?id=Gold and create the page with your article. Now every original source of text you can reference in your userpage by adding the following line to your userpage under the Original section

*[[:Gold]] - Source: Original
"
but what if I am writing about something that is not about such a concrete topic (such as a vacation I once took or an imaginary pet I once had). Instead of writing it under the link "http://www.devtome.com/doku.php?id=Gold", what would I change the "Gold" to?

Thanks

Whatever you name it.

If you write about a vacation and call it "The Escape to Hawaii" or something, just do *[[:The Escape to Hawaii]] - Source: Original

Thanks and last question:
In that case, would the link be: http://www.devtome.com/doku.php?id=The_Escape_to_Hawaii    ?

Yeah, should be :)

How long does it take FuzzyBear to approve you? And does he message you, or send an email? Have written my first article (a long post about economics), but am not sure how and when to post it.

I'm not sure, when I joined we messaged Jasinlee. But now is says to message Fuzzy Bear.

To post an article you have to edit another page, then add your topic with [[ ]] around it. So if you want write about Lettuce, you edit a page and somewhere put [[Lettuce]].

That will create a link to a new page, then you click edit on that page and write about lettuce.

He probably just has TONS of articles to go through.

I'm going to see if I can help in the process.

Well I logged into devtome and couldn't see where I could edit, so I guess the administrator hasn't approved me.

Will hold onto my article for a couple of days, and then perhaps post it somewhere else...

The "edit" button will just be the word "edit" at the very bottom right of a section, or at the top of a page it should say something like "edit this page"

This is extremely interesting. I do a lot of creative work for free, and this could be the perfect opportunity to monetize my efforts. My hobbies and skillset include:

- Science Fiction writing
- Tech articles & reviews (I ran a couple of sites that I recently closed down; both very popular)
- Web design and development
- Graphic design
- Electronic music producer

I've sent a message to FuzzyBear, but in the mean time if anyone else related to devcoin could spend some time having a chat with me, please drop me a PM!

I'm not 'related' to devcoin, but I have posted there and probably asked similar questions to those you have, so feel free to ask here or via pm and I'll try to answer

Just got activated by FuzzyBear after chatting with him on CoinChat, apparently he got flooded with PM's and is going through them now ^_^

Time to write!

That's be great, thank you. I'll ask you a few questions later if you don't mind.

Nice :)

No problem. I'll be able to tell you all about the concept and devtome/writing side of things. If you have specific questions related to more technical developments, the main  Devcoin (https://bitcointalk.org/index.php?topic=34586.0) thread is the place to ask for better answers. The new devcoin site is under construction, but the current information on devtome pertaining to devcoin generally should also give you more info: http://devtome.com/doku.php?id=devcoin

Yay! I've just been approved too!

Here's my first article: What Hayek would have thought about Cryptocurrencies (http://www.devtome.com/doku.php?id=what_frederick_hayek_would_have_said_about_cryptocurrencies)

Nice :)

Question: can I put my vicurex devcoin address into devtome? They said no mining, but this isn't really mining. Has anyone done this successfully?

No you need your own client, it's that vircurex can't accept newly generated coins (that's what you'll be receiving with the earnings for writings). There are several listed here: http://www.devtome.com/doku.php?id=devcoin

I've had the 'Devcoin Experimental Windows32 Setup Exe' for a while and it's good (not so experimental any more)

You are accepting registrations now right? Is it ok to tell people they can send you their 50 words?

Phew, finished the article!

http://gyazo.com/59660e104e23eef7e1c0e385fb493cbb.png

No, Devda and Vircurex don't work. You have to download a wallet for Devtome. Just search wallet in the devtome search bar.

Nice :)

http://www.devtome.com/doku.php?id=html
http://www.devtome.com/doku.php?id=wiki:user:diamondcardz

Check it out ^_^

Awesome :)
Devtome is going to have WAY more topics soon :)

Once I have admin rights, probably from tomorrow - I'll let you know - then yes please do.

One red link down in the mark-up languages section, for a total of 4/6 to go! Going to work on another red link tomorrow, wish me luck ^_^ Considering I now officially have a generation share (at least, I will do), i'll make a small donation to your faucet when I receive the DVC in a month or two. :)

Once I have an atricle, how do I post it? Thanks!

Will do :)

Nice.

There are instruction on page 3 of this thread.

Vote for the best crypto, DevCoin! ^_^

https://bitcointalk.org/index.php?topic=216627.0

Just did :)

Weisoq is now accepting Devtome writer registrations!!! :)

You can copy and paste to google word  counter, or wait for someone to run a script.

There is a tutorial on the "Earn money for writing" page of Devtome.com

The script counts the words in the articles listed on your user page. It's good (and helpful) to add them to the 'latest' section so they may later be sorted into relevant categories, but this isn't what counts. The script now runs daily (I don't know what time zone) http://d.evco.in/charity/ lists the output files. Current writings are for round 24, so of those files 'devtome_24.csv' lists current writers and wordcount, 'receiver_summary.txt' details a running count and approximate breakdown per share (this includes all earnings, not just for devtome).

Far out, Ive got a good word count! When does round 24 payout start again?

I think round 24 ends with block 93300 and payout for that round then begins with block 96000 (i.e. round 22 is currently being paid out, on block 92000 round 23 payments begin and so on. There was a slight adjustment to the relevant block number in the last and this round to give a little more time for people having wallet issues). This post explains how it works: https://bitcointalk.org/index.php?topic=34586.msg1677109#msg1677109

so i have made an account that for activate it, the site tell me to contact fuzzybear in bitcointalk.

Yes, that is the next step :) Or contact Weisoq

Question:
If I have a summary I wrote (spent many, many hours on it) covering many aspects of engineering (design process, etc.) and it includes summaries detailing some of the basics concerning how to use the popular solids modeling software: Autodesk Inventor, may I upload it and count it as original work?

The only reason I ask is because although I wrote it myself, it is largely a summary compiled from a couple of textbooks and so I figured it was worth asking. Is there someone I should sent it to in order to make sure it is okay before I upload it?

I just don't want to get in trouble :)

If it is original it is yours, so it should be fine. But I think you have to cite anything you copied. Because you can copy stuff, you just have to alter it dramatically. It can't be the same work.

I did alter it dramatically, so it should be acceptable given as how it is a summary of two textbooks in roughly 10,000 words. As for the citation at the end of it, I will add a bibliography so everything should be okay.

Thanks :)

Ok, then everything should be fine.

You can post photos. Each one counts as 10 words.

6 Bitcoins could buy almost all the DVC on vircurex right now, lol.

Yes they're criteria for devcoin but 10 words is as part of an article. I'm not sure how the project works yet for art and photography in and as of themselves, primarily due to the nature of determining the 'source' in open-source.

odolvlobo - probably worth posting that question in the main devcoin thread to begin clarifying issues such as these.
https://bitcointalk.org/index.php?topic=34586.0 (https://bitcointalk.org/index.php?topic=34586.0)

(Fin - that's just the visible orderbook. Total bid/offer is about 850btc on vircurex, equivalent to about 200 million dvc at mixed prices.)

From my (weak) understanding, round 24 payout occurs at block 92,000 (could easily be wrong). Which day is that approximately (if that is possible to know)?

Thanks

block 96,000 (currently 92,218, 92k was start of payout for round 23), ballpark 3rd july

At what block will the next Devtome payout be?

Well. I feel quite silly for missing that post. Sorry ._.

Being a Cloaked Spartan, I'm not surprised, you probably didn't miss all the other things I hid.

heu. heu. heu.

Alright, so I wrote my first thing,and created the page. How do I add it to the latest thing, and how do I put it on my profile? Thanks! =).

http://www.devtome.com/doku.php?id=how_to_get_setup_earning_devcoins_by_writing

Add to latest: devtome.com -> edit (top of page) -> add your article page in same format as the others ->save
Put on your profile: go to your page -> edit -> under 'original' type in *[[:WHATEVER YOUR PAGE IS CALLED]] - Source: Original -> save

Awesome, thanks! So would this be correct?

Yep, looks good.

Awesomesauce, thanks! I'll be writing more soon =).

Can we write Bitcoins related articles too?

I would actually suggest it. I wish there were more about mining and coins on there.

How big are the shares looking that are coming next pay round? And does anyone have a link to the most recent script run of the 93300 round?

who is ====>    Weisoq >>>>i'm OWSLEY BEATS how do i create page?

    The formatting came out all weird on an article I posted to devtome. Can anyone help fix it?

http://devtome.com/doku.php?id=motorcycletripsouthamerica

Please explain more how this works :)

Basically, you use the money you earn to buy out as many of the sell orders as you can and raise the value of the sell orders and the "last sold".

It's because you pasted it all in without any formatting, eliminating spaces etc. I haven't read it through but have edited a few sections at the start to give you an idea of how to do it and get you started - you can do the rest :)

There's also a syntax page for more info on how to format:
http://devtome.com/doku.php?id=wiki:syntax

I sent you a pm with details

Obviously it doesn't, economically or theoretically...

money i earned??

ie: then dump "bought" coins on market?= CIRCULAR TRADING..no?

No dumping, sell what you need. It's a charity coin, not a circular trade company.

    Thanks!

So all work submitted after block 93000 is for round 25? When will the payout for round 24 be known (final total share count)? :)

I believe payout is around 95600-96600 or something like that.

ok so i'm confirmed and so explain how do i get coins? >>>

i wanna sell /trade  all my coins as i earn them ! is that ok? lol

Go to Devtome.com and register
Then go to Devda.ch and create a wallet
Then go to Bitcointalk.org and find Fuzzy Bear or Weisoq, send a message with your username and 50 words from the first article you will write.
Then wait for devda to send you a wallet
Then add the wallet to your Devtome invoice
Then add your work to the Devtome invoice
Then wait for the round to end and the script to check your work
Then wait for payment

Yeah, it allows other people to buy your cheap coins and sell them at good value later.

ok now its not letting me log in and i cant get dude to answer the pms!!wtf

mate you only sent the msg 30 mins ago. We all have jobs and in different time zones. Your account has been activated. What are you trying to login with?

Don't let this fucking joke into Devtome.

hey watch it kiddo >> we are testing the waters *crickets churping*

that was because like here there and elsewhere there's no space in the username you submitted 'owsleybeats', the one you opted for. But you're now correct it won't recognise your account because I have deactivated it. If you remain interested try me again another day when you can adjust your attitude here and in pm's. And no I'm not interested in your opinion.

so people don't get to choose what they sell them for? wtf?

You sir are a joke, you should get banned, there are different ways of asking to be part of a community, this is NOT an appropriate way to try and be part of the devtome community, they are definetly not scammers, i really hope that you NEVER become a devtome writer

how am i a joke? all i did was accepted the offer above was confirmed then i could'nt even log in! ... no one answered my pms so now i'm kicked out? = SCAM BEWARE! FVCK CENSORSHIP!!!scrrrrr

Dude how old are you.

Devtome tries to attract all kinds of professionals.  Everyone is welcome but you behave like a child or an idiot.  Either way, a professional you are not.

Good luck - there's plenty of other coins and if this one is a scam why are you trying so hard to work for these scam coins.

Amin, brother. 

I'm afraid the low value of devtome shares will unfortunately attracts lots of these people.  Sad.

Weisoq, I hope there's some protection for writers from guys like this.  I know I have access to everyone's articles, I can alter them in any way and with thousands of these articles who would find out?  This is a serious security issue.

eliminate try from your vocabulary maybe you'll get somewhere!jmho!

Brilliant :D

Go to Devtome.com and register
Then go to Devda.ch and create a wallet
Then go to Bitcointalk.org and find Fuzzy Bear or Weisoq, send a message with your username and 50 words from the first article you will write.
Then wait for devda to send you a wallet
Then add the wallet to your Devtome invoice
Then add your work to the Devtome invoice
Then wait for the round to end and the script to check your work
Then wait for payment

EDIT: Devda is not accepted, I forgot. You have to download a wallet for your computer or a USB.

Based on the amount of words you have written you should have accumulated quite a bit of dvc :P... sad that I don't see what you preach on here, I see the dumps for sure but never the part about buying at market trying to "fill" in the bids letting the market do its thing. Seems to me you would like other's to pump the market up for you while you can keep dumping lol... I haven't seen any buys @ vcx for a few weeks on DVC I watch it every day.

Some bot loves to sell 50k/100k lots at a time incuring extra cost so he/she can get the value lower, I don't think that person(s) is done yet as it's been selling off and ofcourse no seems to want to buy dvc even at these rock bottom prices.

Dude, I haven't got paid shit yet. We get 45000 at a time. Sorry if I can't be the fucking market messiah after the first week of my first payment, and the same week my brother died.

Do some of it yourself.

Sorry dude, just as frustrated because I'm seeing all dumps and no one trying to pump the value... sorry to hear about your loss, hopefully his legacy will live on.

"try" tu control the market with ur rules tooo funny!

Thank you.

I have been trying. When there was a .0000012 sell/ .00000104 buy gap, that was because of me, I just don't like setting my own high buy orders after I've bought the low sell orders. I'd like to see the market get used enough for someone else to eventually notice things like that and be working with me, and hopefully eventually get like 20 people on it, so we can have a steadily rising market.

And for people to take advantage of what I do, and set their own high sell orders.

Go back to the yahoo message board troll

If anyone remembers ANYTHING in this thread remember this.

"If we all sold our coins for a penny each, that's how much they would be worth".

DEVCOIN he breaks it down right here ~>Dude, I haven't got paid shit yet.

what it's 1996 again?wtf

Forgot to tell you, I ignored you. :)

Oh, and by the way, to put this in a way that is easy to understand.

Any coins you earn from Devtome, sell what you need, then set the rest at 1 penny each. (or sell them all and use extra money to buy cheap coins)
Anyone buying coins, buy the coins at their current price (20-40 for 1 penny) and set them for sale a 1 penny.
Eventually there will be no cheap "out" left. It will just steadily rise to 1 penny.

ya i ALWAYS listen to developers of coins when i trade!!! lol

You are still ignored :)

Nice speculation. Such a method only works though if everyone is really willing to value a Devcoin at a penny. You need to provide an estimate in BTC of what a penny would be though. Because I'm nice, I did the math for you. 0.00009346 BTC @ $107 = $0.01. So set each devcoin at roughly 0.0001 BTC. That's where I'm selling all of mine at VirCurEx. Or should I set it at MCXnow? I'll sell half at each. We should rally for Cryptsy to add Devcoin.

market manipulation via developers aint going to cut it ~ imho you need da rallymonkey on your side! ;-)!LOL

I honestly don't understand why I unignore him to read his posts... I'm just leaving you be dude. Welcome to Ignoreville.

kaint ign0re reality >> DEVCOIN = SCAM VIA DEVELOPERS ON THIS BOARD!!!

Thank you for doing the math, and I think we need petitions. If we gave everyone the emails of the directors at all the exchanges, we could get a good campaign going and get devcoin up everywhere.

And not everyone has to value it at a penny, but a lot of people will. Enough to drown out the not penny people.

DEVCOIN PONZI CON GAME = shares will be wiped out !(mark this p0st!)
see>>http://devcoin.org/ LOL!!

When I am granted access to my Devcoin wallet in two weeks, I will sell half at vircurex at 0.0001 BTC and half at MCXnow at 0.0001 BTC. I have my wallet stored very far off site to prevent myself from speculating and day trading. I've decided to go long. Hopefully the boat mailing my triple encrypted flash drive from the other side of the earth doesnt sink.

EDIT: I checked and Cryptsy actually already supports devcoin. I will split my devcoin three ways then. For those who want to contact the BTC-e admin, whom I could find no email on, to set up a PM to him, go to https://btc-e.com/messages/new/admin while logged in.

add a few more zero zzz

Currently selling 938,520.38715 DVC for 0.0001 BTC at VirCurEx.

we need to cordinate an attack against the dvc bears and give incentive to hold the coins by showing why its valuable to hold for a spiral upwards once it catches on. The nature of the coin representd a unique opportunity since it has infinite supply most crypto followers laugh at biying dvc but others may not especially those who know where dvc can be potent to opennsource community to increase innovation.

Some sort of presentation to show what the uses are once it goes public aswell as a mathematic model for how fast it can go up because ofthe nature of the coin ie the bigger the market capthr bigger the projects the higher the price equilibrium until the saturation point until the next wave of demand... if this was done i bet we would see $10 dvc again but this time we get to hold it.

Confirmed nice ya dump them on the chinese exchange thats a good place to park your DEVCOIN shares they love shady paper!! ;-)WEEEEEE

infinite supply = .OOO(no bid) x .OO0000000O1

i'll trade used vinyl records or artwork for them!

jpy has infinite supply yet it is an all time high? They print and sell joy everyday in the market the
boj.

Usd is gaining traction and rises right thru the last qe according to ur math y isnt it 0.

I already know ur answer "give it time" and your wring again because time of the essence we only live 90 years like i said do the risk reward calculation in anythig u do. Right now ur not using ur brain with these mindless posts of yours. You are not driving any points home because what ur doing is played out.

DEVCOIN SCAMMERS MEET TRUE PLAYERZZZ ;-)

The dollar has infinite supply too and look at how well it is working.

i can still buy beer with my USD!!!

 


 I repeat: Look how well it is working.

backed by lead and media

Devcoin is at least backed by the future, instead of war.

DEVCOIN exploits your system and reports to police anyone who uses it is ...well you know

Lol. So the police are watching people buy Xboxs and shit?

bath salts

Lol. Have fun with that. Ignored again.

Devcoin drug trade rebooted? lol

I just got 11DVC, was that the payout from Devtome or something else? Otherwise the shares must be really low this time =P

it's lower but I hope not that low. No, it was the test transaction to check wallet addresses.

Ah, alright =P. Glad to see it's working for me then.

its bot even fummy to me no one was even paid! and u still puff DVC !~ i expect something for schooling all yall

I cannot decipher this post. I think you're saying nobody got paid? Well, payments are still coming. This was merely a test transaction, but judging by your post your English skills don't seem all too great, and I assume you won't read half of this post. Infact, the only words you'll read is "nobody got paid".

Owsley is an anti-DVC troll who's been quite active recently...would recommend ignoring him.

all inside job~ show me one valid BTC address (has a balance) in that list it's all all shaggy and crew pump fibbers

For those who aren't already aware, the new, final, main Devcoin thread is now here: https://bitcointalk.org/index.php?topic=233997.new#new

It will be a self-moderated thread by the Aegis account to delete spammers and keep it clean.

Is there anywhere we can see how much shares are?

You just do the math. 180,000,000/(total shares)= the value of each share.

Yeah, but how many total shares are there this round?

Idk the exact number, but it's over 1,000. Since over 1,000,000 words were written this round.

BTW, soon I will start publishing the things that are on Devtome in book (in the next 3 months). And there will be a Devtome library for sale somewhere online. Or you can buy individual volumes.

There will also be a 2nd edition, 3rd edtion, etc as Devtome is edited and extended.

It's open-source

That doesn't mean publication is free. And the money will go into making it easier for everyone to publish things (for free if we can earn enough, and the Devtome stuff will automatically be published free of charge to the author). So it doesn't go against the open source idea.

You need to look more into the publishing process, including the revenue cost/benefit of publishing open-source material.

I know how publishing works, I've been watching my dad do it since I was born, since he was a half owner of "Legend Printing", then "UrNameOnIt" in Texas. There was even a guy that lived with us and used his machines for counterfeiting when I was a baby.

Look up "Innis Free", that's a book my dad published that I've read over and over since like 2nd grade.
And I even worked for him in Highschool, I know how to do this stuff.

I'm not disputing that Fin, and you're misunderstanding me. I'm saying that just because something is doable doesn't necessarily mean it's worth doing.

Well, I think it's worth doing. I know that it won't be purchased by too many people, since it is available for free online. But one day there may be people that want to read through the old version of Devtome, whenever it's got 1,000 publishers.

https://bitcointalk.org/index.php?topic=235066.0

Is it possible to receive devcoins for translations into French, for example?

Not yet, primarily I think because there aren't enough people to be able to vet/edit any writings not in english. You can offer to translate from french to english, if anybody is interested in taking you up on it:  http://devtome.com/doku.php?id=devtome_translators

looks like you'll need at least 10 shares to get 1 BTC. That would be 10,000 words for $100. It's still profitable but not nearly what it was.

If you write 80,000 words you'll get something like 8 BTC.

0.1BTC for something that I didn't spend all too long on? Not bad, not bad. Definately not as profitable anymore, but still a profit, and I'm a quick typer.

In round 24 there were 1,277 receiver lines, so the average number of devcoins per share is 180,000,000 dvc / 1,277 = 140,955 dvc, at the prices of the time that was 13$.

Yeah but in terms of quality, it's completely dead now. Anyone who wants to upload their whitepaper will probably still do it for $13 but I have a feeling in the next round it will be less than $5.

shame!!  >:(

it there's a lot of texts in English to translate .. and very few texts in other languages!

Community devcoins be more open to the world. DVC not have much interest if it there's only English fluent spoken who can benefit.

I do not think it is difficult to find volunteers to check texts in other languages.
I volunteered for the French. Who do I contact to advance much about this?

Two noob questions:
1) which round are we in right now? (and isn't the payout on July 3rd)?
2) how can I tell how many words I have written right now?

Thanks :)

1) 25 which ends on block 97k, 3rd july-ish is start of payout for round 24 on block 96k (basically payout is done with blocks, so right now with each block round 23 is being paid out until 3rd july etc...then moves in 4k block rounds forward).
2) output of daily scripts are here:  devcoin scripts (http://d.evco.in/charity/)  'devtome earnings 25' will give a breakdown for wordcount in this round. It's empty at the moment and I'd guess this is because the receiver files for round 24 were checked and finalised yesterday, making sure everybody had a wallet etc; so from tomorrow they'll indicate the round 25 word counts, including any rollover from the cut-off time beteen round 24 and now). Check 'devtome earnings 24' for an example. 'receiver_summary.txt' gives the running total receiver lines for the round.

It's still quite early days with devtome. I'm not sure what to say except that as a project started by english speakers it's going to take a while until there's enough of a trusted foreign language base to translate and check articles. As you can probably imagine people are quite hot on checking that other's aren't abusing the system with complete nonsense, effectively giving a growing foundation of accountability. Even then it's still sometimes necessary to delete/edit writings. That's just not possible in other languages until more non-english natives get involved.

You could post your interest in the main devcoin thread for when more french speakers could be involved with you in the future? Otherwise, your write ok english - certainly much better than my french - devtome's not the encyclopaedia brittanica of perfect grammatical english so perhaps you could still write and get somebody to edit a little for submission? There's a writer who translates french to english (or could be anybody) there's maybe a deal to be made there with him until more people are involved?

ah, that explains why I do not show up on the round 24.csv. Therefore, I presume that everything I write counts for round 25. As such, when does that round pay out (approximately - calendar date, not block count)?

Well with today's system and the low price of shares i find it un-manageable for me to translate in english long french texts, its easier for me to write in english even if i am french, and more interesting financially.

However if you want to be part of the community i'll help you and will translate one of your texts for round 25 for 40% of the sharecount.

Since it's one of the first translations that would ever be done on devtome, i guess it's a fair price :)``

I asked a few times for an administrator position, however i always was denied a position, i could manage the french texts and re-read them. I don't mind.

Thanks!

Let me make a clear and ardent point, translation is the best purpose for Devtome. American writers will not have a use for it after a few months if it continues at this rate but translators and individuals who speak many languages will.

If it takes 100,000 words to produce 1 Bitcoin then in countries where 1 Bitcoin equals a lot, those 100,000 words are more likely to be produced.

I fully understand that it takes time for a community grows internationally. But I think the community Devcoin not pay enough attention to this point. It would encourage more translators doing more advertising and may be paying more (I do not know how you win a translation from an original text).



Thank you this is a very good idea. But my main concern is to have more text to read in French. And there's thousands of interesting texts in English that are unaffordable for many people. Devtome is for readers, not for authors. It should attract a maximum number of readers, I think this is the best way to encourage new writers.
Of course it is obvious that translate English text into another language brings more readers than the reverse, but that does not mean we should neglect this aspect.

Merci bien c'est sympa ;-)

I did not intend to write text, only translated into French texts that I find very interesting. But your proposal is interesting, can be an opportunity for me to get into writing...

I understand your points. The main aspect is that devtome is open-source. That means any material submitted can be copied anywhere. This also means there's an issue of copyright. A text written in a foreign language, if it's your own, and translated is fine. But does an english translation of a french text written by somebody else breach the original author's copyright? Probably. The same problem exists for submitting foreign language writings - there has to be a means of ensuring they're original because once on Devtome it's open-source - and this will take a pretty significant number of people to monitor.

So I don't think there's any particular reason why it can't be done, it's that pragmatically it's very difficult to do properly.

On your point about translations generally. That works in the same way as for submitting english work. You can't just take a foreign language text, translate it word for word into english and submit it as original. Checks on this aren't perfect, but there are checks. But you could improve upon an exisiting foreign language article(s) and submit as 'collated' which means it's based on another article, but rewritten in your own words with improvements, or bringing together various sources for example - and making it clear what those sources/original articles were.

It may/may not be. I don't know if you have articles on devtome but although the rate of growth has accelerated so far there are fewer than 100 writers. Nothing says that devtome articles have to be (or have been) written specifically for Devtome, so there's quite some room and time before everyone interested with something original and interesting to write about and submit on any topic has done so.

I would talk to Unthinnkingbit. This is not available yet, but I believe we do need a program to make devtome readable and submittable in all languages, and we should have a team of translators to work on that.

To become an administrator, simply show initiative. Add prolific amounts of writing to Devtome, as well as helping new members register and other things of that nature.

Very true, I could take Harry Potter (all 8 books), write them in French and no one would know the difference, unless it reached the eyes of a French Potter fan. But by then the coins would be earned and spent.

I never thought of that aspect of security when thinking of this.

That's just because my brother died, if I had been doing my work the past 3 weeks (and I still haven't even gotten back to making videos) we would be well over 200 publishers by now.

No, Finshaggy, we would not be over 200 publishers. The only thing you're doing is giving this coin horrible publicity, also, you're a pump and dumper. Seriously, nobody really wants you here AFAIK, and you're not helping at all. Stop spamming this topic and do something better with your time please.

LOL, in case you didn't know I am one of this coins promoters (like as a job). So yes, the fact that I have been hindered from my job has effected recruitment.

What you call "pump and dump" is simply me doing what little of my work I can while not at home, and with my FIRST payment still coming in. So there isn't the possibility of dumping (since I'm not even completely paid yet).

If I had been able to be contacting friends about this opportunity over the past few weeks, instead of informing them of the death of my 11 year old brother, yes we would have over 200 publishers.

But for over 2 weeks now I have been mourning the hospitalization, then death of my brother. So you can shut the fuck up and keep your "keen" (very shitty, very skewed) observations to yourself.

Listen, it's very bad that your brother died, but I don't care in this case. You're not one of "this coins promoted like as a job", because nobody ever appointed you, and if someone did I hope they don't pay you, because you're doing a horrible job only making this coin look worse. Your "promoting" simply isn't helping, you can't get 200 publishers here just like that.

Yes they did appoint me. I am a devcoin promoter. And I get an administration share for it. And I'm not doing a horrible job, I doubled the number of publishers and content published (not with my own writing, but through my promoting). And that was WHILE I was hindered by a family loss.

If you don't believe I can pull in 200 publishers, you're going to be surprised over the next six months to a year (as thousands of publishers come in).

Boelens is kinda right, y'know. You might be an administrator for devtome, but you look like a spammer sometimes.

Great to hear a part of DVC's is wasted on you. I'd bet you 1BTC that you can't pull in another 100+ publisher in just a month, you'd only cause people not to join.

Maybe the real problem is the method of verification and reward. Income should not be calculated from the number of words but the number of readers.
I realize very well that it is much more complicated, but found a solution to this problem will solve the problem of validation and awards will be distributed more fairly.

Lol, looking like something is different than being something. My free coin hand outs, video creation (while everyone else seems to not want to), website creation and project development alone speak against me being a troll. So I don't have to prove anything.

Actions speak louder than appearances.

I don't need your money. I'll let you guys know the day I get back home (still out of town because of my brothers death), from that day we will start the timer and see if the publisher count at devtome can reach 100-200 in a month.

That is actually a non issue. You get paid both for your words, and your traffic.

There are plans to:
(1) incorporate a better validation system. Suggestions have included having a basic peer ranking system, a tiered payment system depending on quality of articles, a simple system that just works from the basis of progressive payments over time as articles and therefore trust are built up. Personally I don't think it needs to become overly pedantic, although it's not up to me it will come down to a group decision, but yes as the number of contributors grows a more automated and assured means of assessing and apportioning payouts will be needed. It's a work in progress. It's actually quite good to see the numbers growing to the point where it's being talked about.

(2) build in revenue from page views and advertising. Done properly this should at least supplement (1) and perhaps as you say even supplant it further in the future, as well as giving an exchange bid to dvc. Again there are different issues. I could post hundreds of articles on the meme of the day and perhaps receive lots of hits, somebody else could quietly submit their treatise on workable home-based nuclear fusion that nobody notices. Should the first poster receive a greater payout than the second? Perhaps, but it depends what devtome is about. So there are obvious issues of quality vs quantity - the bulk of internet traffic probably isn't looking for quality but that doesn't mean quality isn't and shouldn't be valued (which is why some sort of validation and payment stemming from that is probably required as well). That's in addition to the basic question of rewarding volume etc.

Also, internet advertising pays more for English articles, and we would have to set up sub wikis for each language.


We've been trying to get advertising for several months, but I've been told there is no good bitcoin advertising network. Adsense is good, but because the IRS is persecuting people:
http://www.mercatornet.com/sheila_liaugminas/view/12348

I prefer to have someone outside of the US get an adsense account.

Could someone out of the US please offer an adsense account for devtome? Whoever handles the adsense account would get 10% of the revenue. Right now devtome probably gets around half a million page views per month, so that would be a couple of hundred dollars a month of advertising.

I will be in Mexico again soon. I could do it. Especially if I could get the support of the DVC community.

Out of US here, Netherlands. I could do it if you want.

im in canada i can do it

If Devcoin/Devtome has changed your life, or even just slightly increased your standard of living, please share about it here. We need stories of faith, hope, and redemption brought on by Devcoin. Or even just "I got some coins and bought a new miner".
https://bitcointalk.org/index.php?topic=241403.msg2559227#msg2559227

With bitcoin ad networks, it's a chicken and egg situation. They can't pull in the advertisers until they get publishers. But the only publishers they've got so far are people who write solely about bitcoin.

Given that devtome has half a million page views a month on a wide range of topics, you should be able to approach some of the bitcoin advertisers and negotiate a deal that's better than what's being offered to ordinary publishers. I did a bit of Googling and found this list (http://www.bubblews.com/news/435223-bitcoin-advertisers) of bitcoin advertisers. I'm sure the owners of each advertising network are on bitcointalk and you could PM them to discuss a deal.

My gut feeling is that for devcoin to succeed it needs to remain within the cryptocurrency universe and not have to switch back and forth into fiat.

Well, maybe with most Bitcoin Networks. But not Devcoin. Devcoin is promoting projects and development for the world outside itself. Devcoin will bring Bitcoin into the future.

Hello,
Sorry about the late answering.
I am preparing a devtome article about monies and it has taken ALL the time I spend on supporting this community.


I am from Mexico. I am a mexican citizen; I could AND like to, create an Adsense account if needed. I know by this time it could be redundant, but still I would like my willingness to be considered.
Thanks a lot (really) :o to all supporters, publishers and administrators ;). I would love to collaborate more ;D.

I know we are currently in round 25, but I would like to know at which block the official earnings are calculated (such as at block 93k round 24 was calculated). Also, at which block will round 25 be paid out?

Thanks

EDIT: Also, one more question. In order to get an idea of what a share might be worth, is there anywhere I can see a list of the people in round 25 and how much they have written so far?

Coin URL and Coins of Midas are ad networks which accept (and give out) payment in Bitcoin.  Another one I hear about is something like Operation Fabulous.  I'm sure there are more out there.  Any particular reason to not use them?

EDIT:  Never mind.  That question got answered already.

I'm thinking earnings are calculated at block 97000, but I'm not quite sure why I think that.  I'm guessing UnthinkingBit posted that it was block 97000 on a thread I read...

There are two files which update daily that one can use to calculate earnings.  I have them bookmarked on my android, but don't have them handy on my laptop.  They are on a site that I believe belongs to Emfox.  If I find them later I'll edit and add them.  Or someone else can...

Wiser/Cryptopi: it's 97,300. I first thought it was 97k so that may have been me - discussion on it - https://bitcointalk.org/index.php?topic=233997.msg2656287#msg2656287).

The share file is 'receiver_summary.txt'  here (http://d.evco.in/charity/) currently 534 = 337,079 dvc
 
More info on devtome statistics and payment info is now here:  Devtome Stats (http://www.devtome.com/doku.php?id=devtome_stats)

Elmore ASIC: interest and signups are growing so the current round payout share of 337k dvc is dynamic as a function of submissions, but if you're open to proving yourself wrong and earning dvc take a read here - http://www.devtome.com/doku.php?id=devcoin & http://www.devtome.com/doku.php?id=earn_devcoins_by_writing

I'm writing again, and it look like Devtome is about 10x as active as before. lol
All the threads and videos paid off, and I'm sure there has been plenty more made/added since I left.

That doesnt really work. It will work for the very short term, but to sustain a higher value people have to continually buy at the higher price. Then there is a problem with scarcity. Devcoin is not scarce, nor is it hard to obtain. Then, on top of all of it, to support a higher price, everyone that is selling any tangible goods for Devcoins would also need to raise the price, and this is very important...hold the higher price through the downward adjustment of price (in between inflated purchase costs on exchanges that you suggest)

In doing so, the sellers have to have a vested interest in higher Devcoin prices. Unless they are heavily invested in it there is no incentive for them to hold out higher prices for tangible goods while the price goes back down (immediately after the inflated buys on exchanges). ANd that needs to be 100% of the people holding out. If one or two say "Why am I overcharging for products on Devcoins?" and decides to adjust, will kill the whole idea. If Devcoins are kept artificially high, it will only give tremendous incentive for everyone else to use other coins. After all, they will get more for their money.

So, even if we got 99% of the Devcoin community to buy back Devcoins at an inflated/manufactured higher cost. It would most likely trigger a flight from Devcoin. If the scheme was even partially successful, people would lose faith and trust in the coin. Now, a coin that is 1) not scarce, 2) not in demand, 3) artificially overpriced, 4) and now has less buying power, would, if the plan succeeds, collapse the coin.

Matter of fact, this is the best possible way to kill a coin. Unfortunately, when it comes to economics, the most two most important laws are:

1) The law of unintended consequences

2) Murphy's Law

:)

PS-I like Devcoin. I think it has a cool structure and I like the idea that it is starting to settle in as the default payment method for web contributions. But the best bet is to let everything happen naturally. The best thing for Devcoin is to let it take the role of being the internet's "content contribution currency". That will do more for the price than any type of price engineering could ever possibly do.

I was just making a generalized statement that ANYONE could accomplish.

If you REALLY want to see the price of a coin rise, start accepting the coin in your store, or for your services. Or create a use for the coin.

But if you want to do something so you can see the market go up (and that will keep the market up if everyone does it) follow what is in bold.

This website is still running if anyone is wondering.

And in order to join I have to send 50 words of my first article that I plan on writing to the Bitcointalk member "Fuzzy Bear" ???

It's not fuzzy bear any more. Read this thread for newer information about how to sign up:
https://bitcointalk.org/index.php?topic=294953.0;all

Also, remember:

Devcoins are also good to BUY not just to earn

You can currently get 2.5 Million DVC for 1 BTC
2 Months ago you could trade 1 Million DVC for 1 BTC

If you trade 1 BTC for 2.5 M and wait 2 months, you might be able to get 2.5 BTC for 1 BTC all it takes is for Devcoin to get a little more popular and the price will rise. And buying 2.5 M DVC at market price would definitely help that happen as well.

Proof? Two months ago i only see 0.75 btc per 1 million DVC. And guess what, it won't go back up like this in a near future. Thanks for your misleading information.

My source : Vircurex.

Please be precise when you try to convince people.

Whatever, look three months back then. It was NOT that long ago. You are trolling.

THIS^^

Sorry FinShaggy but he's right. Funny thing, the drop in DVC started about 3 months back, around the time you wanted to "Correct the Markets." You went offline for a couple months for personal stuff and it just kept on "correcting."

Truth is, the good money to be made by submitting to Devtome has come and gone and thanks to your multiple threads like this will continue to get diluted to the point of worthlessness. Devtome doesn't need more writers as much as it needs better content. There are 5+ billion DVC out there, for it to be worth any more there would need to be either a sudden mass interest in it (nope) or a drop in the amount of coins being produced (nope).

Pointless promotion (i.e.: Youtube videos making ludicrous claims) makes no sense, there's not going to be any $10 devcoins, maaaan.

Whatever. That's also when tons of new authors joined, and apparently someone decided to dump out of DVC because of the smaller shares.

That doesn't hurt Devcoin in the long run, it just makes it where more people can afford the coin.

It will go back up, I'm not worried about haters hating. That's what you do.

No hate here, just stating the obvious. More coins = less value. Your constant pleading of "its gonna go back up," isn't going to make it go back up.

I am a full DVC supporter, I buy them, mine them, and invest them. I am most certainly not a hater of DVC but personally, I think your "efforts" actually hinder DVC's progress.

More coins equals less value... Then why are you against me telling new people to come. When new people come, shares get smaller, the view of coins becomes that they are more valuable.

I honestly don't see what your problem is, if you are not hating then why can't you accept my responses when I just state the obvious right back?

And that's what I meant by haters, you are hating on me. And that's fine. Haters gonna hate. I'm not hurting Devcoin, I'm just hurting your feelings some how and I don't really understand how that is happening.

Oh that's right, you're in to personalizing everything. Ok, then sure, this is about YOU. You're a jackass and your constant whining and bitching and trying to appear intelligent makes most of us laugh to ourselves. Of course those of us who take the time to converse with you are all against you! Jeesh man, thicken up a bit.

DVC's value is DOWN because there's no REAL incentive for it to rise. The coin's sheer numbers and ease of collection make it nearly worthless to anyone who'd consider it an "investment." DVC is a brilliant idea, but no amount of stoners and 4-Loko drinking skanks making Youtube videos is going to ever increase its value to the point you can get another Xbox. Face that fact and stop making all these worthless threads.

Next post of yours:

I didn't personalize it, you did. Why are you so butt hurt?

Give it up, your just jealous! let him contribute... ever since he came back the dvc threads are lively... before there were no posts for days sometimes! Go kick around a can or something... hes doing more to help than you .

Thank you. I don't want to argue, but I'm not hurting anything, I don't understand the hostility around here (not you).

I agree, it's counterproductive. I was building a website for devcoin, an interface where developpers could be paid for small jobs like designs/websites/coding. But i lost all faith in this coin because of some factors that i won't produce here.

I have a few millions and i am a long term holder, but with 7 billion coins in a few months, with only a few going to miners and NONE going to developpers ( apart from bounty's) can you really call it ''devcoin''.

I don't call writers developpers, sorry.

And again, i don't like your way of spamming to promote devcoin. I am not the first one to state this fact. It bothers you, i don't care.

Check the last pages of the devcoin thread, more than 1/3 of the posts are yours, how can that show that more than a few people are interested in the coin. I've got nothing against you, but i've got something against your way of promoting devcoin.

Think about it this way, the price is indicative of the state of the coin, in other words the fact that there is nothing "going on" is why the price is where its at. If it had something going for it, the price would have shown and your buying price would have been higher aswell. The idea is to invest in things that have long term potential and buy low. You can't get much lower here, so ifyou think its "never" going to happen then it may stay at this price but as soon as there is potential the market is forward looking and it will begin to price this potential in.

Markets are always forward looking, so thats why its appealing to me because maybe I see value in something that the market does not "yet" which is where most of the money is made in any investment (smart money knowing things ahead of time)... I just hope it turns out to be true.

With technicals/fundamentals of the coin I see it could happen. The market for developers is huge and even a small % of interest would cause a huge spike, I don't see a slow steady rise but big giant spikes because of the price being so low (isnt 0 satoishi the floor?)...

The only thing that is needed is a good marketplace to buy things with your devcoins... the idea you had was excellent and had you completed it maybe it would have reflected in price by now but you gave up which was unfortunate. Good things happen to those who have patience and don't lose faith just because it isn't "going your way".. if nothing changed fundamentally chances are you will kick yourself when the boat sails and its too late.

If a designer was offered work for DVC that would force the owner of the work to buy devcoins at the market rate or use what he had making them more precious, the developer would either a) sell for paycheck or b) hold as investment or c) exchange for goods in the marketplace or d) combination of all... this is the ideal scenario and they both go hand in hand, the marketplace and the website idea you had.

lol

Well maybe we can get some developers to ask to be paid in DeVCoins instead of whatever crapcoin someone wants them to work on when they whore themselves out to work on some crapcoin of the day, or something. So people will have to buy DeVCoins to hire developers...

-MarkM-

That would be cool.

And just for the record, a coin having a low value isn't necessarily a bad thing, especially with Devcoin.

Devcoin gives out free coins every round, which means there is a rather high chance of dumping a coin.
Sure, dumping a coin looks bad in the short run.


But if you watch bitcoin, you learn something. When coins are cheaper, more people buy them. When more people buy a coin, the price will go up. Before I fell off the face of the internet, I was telling people they could buy Devcoins for 20/1 penny. Now you can buy like 30-40 for one penny.

All this is doing, is making it easier for new comers to buy more coins. And, the coins are passing into the hands of more caring individuals, instead of just being in the wallet of someone who will dump them.

I think devtome needs a better screening process, because some writers just write to get coins, dump, and never come back.

Also maybe a "share per fifty lines of code" implementation to devtome.  (Maybe devcoincode.com or something)

That could help, but I don't think they have enough authors to turn away anything but spam yet.

Devtome is meant for stuff like that. As long as the code is not owned anywhere (and it's not fake), you can get paid for posting it.

Well as of right now not much incentive to hold right? That is the point of devtome, but you need a marketplace so you can buy things with your devcoins to avoid exchange back to btc or fiat etc. This is what will be the success case for devcoin, it needs to be set up and then be used... like ftc or i think dgc set up right when they created it, however not sure how much they are used.

Im pretty sure if devcoin had a marketplace then it would be used more because you can earn devcoins by development work. I think there is a way bigger market for people to develop/write/sing/earn than to mine/earn and then purchase goods. If you get the word out to random people who are in the development community im sure a good amount of people will come, and then realize they can actually buy things... the price of things sold will be pretty much on level with things in other currencies like usd but the beautiful thing is you have all of the things about crypto's working for you so you have incentive to hold the coin instead of exchanging it.

Maybe we should check how many devcoins are at the writer's receiving address, and limit the amount of writing we will pay for accordingly.

So if someone wants to dump 80k of words, they would need as many devcoins already hoarded as they would gain if they got paid for all 80 of those kilowords...

That could filter out the people who just write and dump and never come back, because if they do come back, sorry, you are not a holder of devcoins so don't qualify...

Check the average number of coins they had at that address over the last cycle-period, for example.

-MarkM-

Isn't the point of Devcoin to PAY artists though, not to ask them to hold onto Devcoins.

I personally have no money, and I plan on using most of my Devcoins on silver, then selling that silver for Devcoins. As well as buying new books for Devtome research.

Plus, Christmas is coming up. So I bet we are going to see some dumps soon.

But again, when coins get cheap it lets people that can hold the coins buy them at a better price.

pretty sweet idea! that forces people to buy as many as they earn? I think people would do it! I know if I was struggling for cash and I knew I could double my current stash by just writing I would do it. That would weed out the people abusing the system for sure.

That would mean that person could not mathematically drop the price as they are in 0 sum minus fees  in that case and noone is dumb enough to do that.

No, it would weed out the people that start off with no cash.

Why don't you just weed out the people that write and disappear by watching them disappear and buying all their coins for cheap?

LOL you keep associating cheaper prices as better prices you think that magically there will be people out there that see something we all don't see and gobble up at a cheaper price to achieve some kind of great ROI in a few months?

At some point the cheaper prices look bad on the coin as like I said the market is fwd looking and whatever is happening right now is already baked into the price. It drops as a result of lack of action from the community and to me does not constitute a good day for me to be able to acquire more. At this point I can say its near bottom at 0 satoishi's so not sure how much cheaper you wish for it to get since you don't have any money to buy anyway. I suggest to try to get a part time job and earn som emoney the old fashion way and then use devcoin as a gateway to earn more on the side, but not depend on devcoin for putting food on the table. I don't think we are there yet.

I like MarkM's idea because it weeds out dependant people who drop the price in exchange for devtome article's that we have no idea what their worth is because its all open source and free to view. Yes if you had to pay a small fee to read articles of your interest and that went towards buying devcoins in the market then it would make sense!

I can't see that the current structure makes business sense. Either add incentive for writers to purchase/double up their coins or add a small fee to view articles (our current base does not have sufficient quality and quantity of content to warrant this I believe)... but someday I think we may get there too, because at some point ther ewill be some cool content that people will want to read and ar ewilling to pay through advertising or through viewership fees.

This is literally like saying "If bitcoin were $5, I wouldn't buy any because obviously they suck". Seriously? Would you not buy any?

And I don't have to be looking for magic to see that Devcoins will LAUNCH in value once there are like 5 stores to spend them in, and 2-3 methods to earn them with.

Mark, I think we can extend the idea by saying that you must meet some kind of reserve requirement to be able to earn any more. ie: by saying you need 50% means if you own 5 million devcoins you can earn 5 million devcoins for free by writing quality content.

For those starting out with nothign well not sure what to do about that... I mean you want to bring in talented people but you also don't want it to be a handout and you also want incentive to hold coins so later when there is a marketplace they can contribute to it.

It doesn't make business sense!!! there is no incentive to hold, even if there was a marketplace using the current structure you have no incentive to hold coins as you earn. The price of things will keep dropping because people want to exchange back btc or usd. Devcoins have no limit so that is more of a barrier than it is of help. It only helps if there is mass adoption involved and there is some mechanism to fight deflation pressures by offering that this coin has some inflationary aspects. Mass adoption is out of the question so people will always see this negatively... you need to add incentive for people to hold and trade amongst devcoin's only.

You can always earn devcoins, and you can always cash out but to earn mor eyou have to show that you truely believe in the idea by holding amount of the coins you are earning (or some fraction)!

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

Maybe we could do like Wikipedia, have featured articles, or some kind of flag indicating high quality articles, and pay only for those?

So that authors will have an incentive to keep improving their articles instead of spamming more articles?

-MarkM-

That would be cool. A section where only admins can put your work, and it's worth 3x as much or something.

It might be worthwhile to lower the max number of words you can get paid for each cycle. Lower it each cycle for quite a while. Because the amount per share should go up when you don't have a few authors dumping 80k words and lots of authors who only write 1k or so words. Maybe have it drift toward the mean or something.

Meanwhile get serious about paying for income-producing development. For example we still after all this time do not have free open source code for merged mining pools. A pool could probably make a decent amount of money.

How much is devtome making now from adwords, anyway? I saw somewhere someone claim it gets some huge number of hits, but no mention of how much is coming in from ads on the pages. Maybe all those hits are search engine spiders not real readers?

There are so many topics there should be a lot of different topics context-sensitive ads should be able to make money from, if a smart system like google adwords is hard at work constantly trying to figure out the most lucrative ads - as in the ones that attract the readers of a specific page best - for each page.

-MarkM-

1. True. Maybe continue to lower the max words as more publishers join. Even possibly get a system worked up before the people join. Like "When we have 50 publishers, 50,000 words. 75 Publishers, 45,000. 100 Publishers, 40,000." Just as an example.

2. Maybe advertise bounties better as individual ideas? Smeagol posted about a pool and it was done in a few days.

3. No idea, but here: http://www.devtome.com/doku.php?id=devtome_page_views

4. I actually think it is not connected to adwords, it is a devcoin based system I think and the only ad that is up is BTC PR Buzz.

But if we lower counts, we need to make sure the extra words still carry over.

Well if it intended to actually make money it should be using whatever ad-provider yields the most ad-revenue per page or per visitor or something. Hopefully including some pay per view ads not just pay per clickthrough. Thus, probably, google adsense.

I think words always carry over. don't they? It counts your currently still there words, deducts the shares you already got paid total since forever, and pays either what is left or the max allowed per cycle?

-MarkM-

Yeah, Adsense is probably best. And I just thought of another one, I need to go find it though. I'm not sure we could pay out to individuals with it unless we told everyone to make an account and track their progress, but it IS a way for Devtome to earn more. What it is is a independent game sponsor, and they are trying to get people to play the games on their list. So you share a link, and if someone plays the game you get like .10 cents- $1... Would ya'll be interested?

They do carry over right now, just saying if word counts go down then it would be good to make sure the extra words carry over. I don't know if that would be affected by a lowered count. But if it does it like that, then it should just work on its own.

I made a thread about how to improve the writing quality but no-one seemed interested:

I think we have a voting system, but we need a way for it to be unbiased. People get mad at people just for writing too much, or being new. So new people's stuff would automatically make less money, and that's just not fair.

I thought this was about contributing content? When did it become about forcing people to become bagholders? If you want to discourage quality, then this would be the thing to implement. Sure, some people will hold, some won't -- but no one wants to be forced to do anything.

This.

The incentive to hold coins should be their value, present and speculative. That means innovation, press, marketplace, liquidity... and things in the pipeline. If the present state of things can't provide incentive to hold, it is only detrimental to devtome to force people to hold. No one wants to be paid in something that they 1) perceive to be losing value and 2) are forced to hold.

You want quality? Don't kill the incentive to create.

True-true.

Do you think it will kill the demand to write if you add some collateral requirement? You think noone would write? As far as I know, no other coin offers the ability to be paid for work other than mining.

On the pro side it would limit people from coming in with no intentions to stick around but get your payment and get out. You need to also give incentive to users to start holding so that the cap can come up to provide bounties for innovative things you mentioned.

I'm pretty sure there is more of a goal to get a larger number of publishers (and eventually employees) right now than there is to force people to hold coins. And yes it will kill demand. Right now Devcoin is the ONLY way to get Bitcoins without putting cash into the internet.

The way I imagined it was the publisher posts the margin per round and the employee does the work and gets paid by the publisher just like in real life. The rate of payment is decided by the publisher, the employee agrees prior to working. Freelancers can be their own publisher by posting margin and earning the rest. It may not be the idealistic approach but we need to think through the situations and see how we can create the incentive. I'd rather have less demand to write than to have the current demand of ppl who don't give a damn.. id rather have that any day.

So far the only CON I can see of my approach is breaking the "Devcoin is the only way to get btc without cash".

Then Devcoin will never grow, or go up in value. And you will be holding onto dwindling shares.

How can something, which has NO applications (as writing and DVC bounty shares are the only uses, and taking away writing takes away most of the potential for bounty shares also) expect to grow?

If the coin had a few shops open. Or a few other programs to earn from. This might make sense (if we could find a way to accept new people still). But if this were implemented now, Devcoin would die.

The decision should b e consensus based on mulptiple ppl, maybe through asking random ppl. If you cut writers in half I'd still say its success. You have to prove disprove by going out there and proposing it,

When I came here, Devtome was begging for writers, and I brought more. If you cut that in half, you are ruining everything they got. And leaving them with a bunch of trolls.

Some sort of new user procedure could be introduced like offering them to write up to x amount of shares per round for x amount of rounds before the training wheels are off and they graduate to normal user.

Also some sort of quality  metric needs to be implemented such that higher quality material gets graded accordingly and paid accordingly. Should be an absolute grading mechanism and not with respect to what was written during that round etc.

I'm thinking long term here, so anytime your bringin in people and then having them work for devtome over many amny rounds with this mechanism I'd consider it a success because they would bring value up in dvc because of the margin requirement.

Any short term deviations like offering no margin for rounds based on some competition where you post the highest quality content of the round etc, is not bad in my mind as it is short term. Just that the long term procedure of having requirements is maintained. I think a hybrid approach like this might work out. But again you would need to get a feel for the idea in the community.

That could work, then new people could still come in.

And they (Mark I think) were talking about something like articles that are tagged as superior somehow, and somehow rewarding the writers for these articles. Not sure what the plan is yet though.

Imagine promotional rounds where you tell writers ok the winner of this round (best article) gets paid 2x or another promotion saying the winner or top 3 get to waive margin requirements for next round.

As of right now we can't apply these promotions to drive more writers in.

NOt only will this drive people in via promotion (hey cool I get a discount lets do it!) but will also drive in quality writers who if they stick around benefit the ecosystem rather than drive price down.

If there was a grading system, then how is FinShaggy supposed to earn coins without mining?

Sorry, couldn't help myself.  :-[

Where is devcoin girl when you need her....

I see the benefits, I just didn't think it was ok to say to new people "Buy coins before you write" and "Good luck making any money without the market going up".

And I'm all for articles being able to be selected to be better, as long as there is no way for them to be worth less. Because, new people that post a lot would get bad ratings no matter what as of now. And I would get bad ratings simply because I have trolls that follow me across the internet.

Dude, I've already got over 175 pages of a book going. I know that this was a joke, but pretty soon, Devcoin is just going to be a hobby that helps me with my real writing projects.

Ok, sorry. Yes.. it was just a joke.

Good luck with your writing.

PS: moar devcoin girl please.

It's all good, just too many people harassing me right now.

Agreed, wholeheartedly. Saying to new users they have to buy before they can participate in one of the principal uses of devcoin is nonsensical, and frankly, will come off like a pyramid scheme.

And I'm all for rewarding great content. And I believe the system is already set up so as to not reward pure spam. I just have a big problem with penalizing "normal" users -- creating some sort of meritocracy (very open to admin favoritism) where writers never know whether or not we will be paid. I would never participate in a system like that, and I think it's important that admins not be able to penalize contributions that meet the basic requirements (e.g. not porn/spam/libel/malware/etc, proofread).

Sorry no I'm not for a Totalitarian approach but rather nudging in a direction without sacrificing artistry and devotion to the cause.

Totalitarian = Come in and we will tell you how to live eat shit and die
non totalitarian with incentive = come in we will help you make money but there are a few rules that apply. These rules help everyone in the system.

I wasn't thinking of making authors pay up front to get to be authors.

More like start them with a one share per month maximum and have ways to move up from there.

So someone could join up, dump 80k of old crap they have no use for and could not sell anywhere, and then either sit back getting a share per cycle for 80 cycles or do something to raise their max shares per cycle rating.

Like maybe retaining some of the coins to become a "stakeholder" in the coin, or maybe fixing up all the spelling mistakes and grammar errors and typing errors, maybe even tightening up the plotline and dialog and such, to improve the quality of their submission. Or maybe even have a couple of raises just on sheer seniority, one share the first cycle, two the second, three per cycle thereafter. So they'd have six shares worth of payout three cycles in and could maybe consider holding some of it as stake to speed up the rate at which their initial big dump of text actually pays off...

Maybe even set it up so they'd be better off posting their 80k words in batches, 1k the first month, 2k the second, 3k the third etc, so as to gain a step up in max shares per month each month for posting more than they did the month before...

-MarkM-

I wrote this some time ago, but received no comments (critical or otherwise) but I'll throw it out there again:


The point being that devtome is a great concept, but it currently functions completely counter to the broader aims of devcoin because it captures the bulk of payments into a (potentially) self-perpetuating sell of dvc. However that's a reflection of the mechanism involved, not necessarily devtome itself as a project or devcoin as a concept that may be applied to a wide variety of endeavours. To me it does not make sense to keep pursuing an approach that arguably works inversely to the aims of maintaining a stable payment means across a broad crypto effort that encompasses more than just devtome.

Ouch.  :o

It seems the quality issue always boils down to penalizing new users.

Not if their first submission is awesome quality and on a featured topic so it gets bonus for quality and bonus for featured article of the month and bonus for being on a specific topic that is being specially rewarded that month due to its direct relevance to other projects that are also going on and such, maybe also best new author or second best new author or whatever.

So far we seem to be spending so much on random writings that we aren't really getting a lot of other projects done that could in turn be written about, for example.

There could also be bonus for increasing the relevance of existing articles by spinning them together into some larger picture, so the whole thing hangs together more instead of being a bunch of unrelated pages without much in the way of relevant links drawing readers deeper and deeper in as they follow the links to learn more and more about all the various pieces of the puzzle...

-MarkM-

We really should do something sooner rather than later Mark... how does change happen within the project rules?

I agree with much of the sentiment. Indeed, the more broadly connected content is, the better. To the extent that we can improve on that, I'm all for it.

I just want to iterate that there needs to be a baseline expectation -- and if writers meet that, they shouldn't be penalized. The idea that every new writer is going to be "the best" is a bit unrealistic. As long as we meet the stated guidelines and proofread our work (granted -- not everything I see does or has been), we shouldn't have to wonder if we will be paid.

From the perspective of someone who has not been around long (at all), I'll say that the idea of setting the barrier to entry so high -- i.e. some writers can get 80 shares while I can get 1 share -- that will be the beginning of the end. No question about it. If you don't retain significant incentive for new users (and then you essentially tie incentives to the goodwill of a given set of administrators), who will you attract, exactly? I can assure you it won't be writers that are good enough to value their own time.

Promises of moving up the ladder months and months down the road, when you may be writing higher quality content than those who are earning much more? No thanks.

Well the 80 shares was probably a massive mistake, letting someone get that many shares, especially in one round, totally devalues everyone else's shares like crazy.

The incentive to write at all simply evaporated, heck it nearly wiped out admins and programmers and so on too from devtome authors suddenly getting 90+% or some such of all the shares, Unthinkingbit had to put in minimum percentage quotas for the admin category just to try to ensure people admin-ing websites for the project could maybe cover their hosting and bandwidth bills, maybe they still don't actually make anything once those bills are paid I am not sure.

I basically gave up writing, figuring if a whole bunch of people are going to dump 80k words on the devtome each round there really isn't much point bothering to write less words than that and since I don't figure I am likely to be able to write that many words I don't bother.

It would have made more sense probably to limit it like bounties, the biggest bounties usually seem to have been twelve shares, that is for entire programming projects specifically commissioned by the project. No author of random stuff should be able to make more than one massive bounty per round, surely? So 12 shares seems like a reasonable limit, some might say unreasonable since even that amounts to getting the largest bounty the project gives to the most-essential pieces of infrastructure yet authors get it for just having dumped 12k of some old story they wrote in high school?

The twelve shares for a bounty also tended to assume you might have a team doing the work, the team leader then shares it among the workers.

Heck entire software projects were only getting one share originally, with the team lead intended to share out those coins appropriately among all the programmers working on the project!

Open transactions doesn't even get twelve shares a round I don't think, and it gets shitloads compared to most projects because it has like maybe as many as four programmers, maybe even more, who each get one share, and they work tons and tons of hours on that stuff all the damn time! I think they get one for FellowTraveller, and one for a guy who codes and debugs and packages it all for Windows, and one for a guy who does the whole autotools auto-build mess and maybe one for some other guy too.

Maybe it should not be per thousand words but, rather, per "mean number of words per author per round", so that if typical/mean words authors contribute is 50K words then 50k words is what it takes to get a share...

-MarkM-

But that means that there will be MANY forgotten DVC wallets. If I can only get 1 share my 1st round, I can't really do anything with it. And maybe I plan on waiting for the rest of the coins, but more than likely I will move on with life and the wallet will fill up and never be checked again.

Maybe just advertise the bonds better? That could be beneficial either way. Like individual threads for each one. But if there were another "stake holder" system, that could be cool.

Seniority may be good too. Maybe a base 5-10 shares that get added onto the max or something.

I really don't think limiting people to 1-2-3 etc shares is a good starting point. They will not care.

I honestly think people need to just realize what "buy low" means.

And we need to work together on more projects.

Shops, Facebook, etc.

We can't, because the largest bounty given to the most massive and essential infrastructure projects is twelve shares. Once. Not twelve shares per round.

Yet authors can get more than that, every round, just by doling out 13k or more words per round.

We aren't likely to get any infrastructure built when it is 80/12 as lucrative to dump old crap you wrote in high school than it is to work on mission-critical infrastructure projects.

Maybe the solution is to claim that devtome IS a mission-critical infrastructure project, and be extra super insanely generous to that project by awarding it - the entire devtome project - a max-sized bounty every single round, that is, twelve shares a round to devtome for devtome to share out as it pleases to its authors.

Then we can get on with finding other critical projects to promote, though so far those usually only seem to get 12 shares once, not twelve every damn round...

EDIT: Bear in mind that the less shares there are in total in a round, the more each share is worth. So if there were only five projects, each getting twelve shares, that would only add up to 60 shares but there would not be dozens of authors getting 80 shares each diluting the value of those shares, instead all authors added together would divide up the twelve shares that go to devtome.

-MarkM-

I am not suggesting that the coin pay for these things, I am suggesting that we come together as a community to do these things ourselves.

I don't know who is dumping things from Highschool, but I also don't know what a "Mission Critical Infrastructure Project" is. And I don't see how Devtome could be used as a center of focus for the posting of such a thing, as there is VERY little traffic at this time. So I feel something like that would fit better in a thread here somewhere.

Or maybe just 12 shares that go to Devtome to use to grow. "Non-Profit" style (It's the "companies" money, not the people involved's)

Agreed, that would make other projects easier to start.

I understand the sentiment. My point is just that there has been much talk of simply approaching new users punitively -- and that will kill this project IMO. In that vein, to take the earlier example, one user shouldn't be able to make 80x (or whatever absurd multiple) the amount another can based on nothing but seniority. That says absolutely nothing about quality and simply skews abuse to the senior heads. There needs to be a balance where new users are incentivized to create good content -- not just people who have been around a long time.

In your example based on mean words/author, what kind of range do you think we would see for share value? I'm having a tough time working it out.

Mission critical infrastructure includes such things as up to date client source code. Less critical would be things like compiled clients for various operating-systems.

Devtome seems to be insanely more than mission-critical, its authors probably make more per hour than do people who build devcoin clients.

One share is supposed to mean you do ten hours of skilled work, such as programming, each week. That is what programmers get paid... or if they are working on specifically asked for things directly useful to the devcoin project, then they can get away with ten hours per month to get their one share.

-MarkM-

I'm still not following with what this is really. Like making apps?

I thought Devcoin was the coin for artists, not JUST coders. How is a book any less worthy than coding?

I think it should not be how many shares of actual receivers file per round, it should be the whole of devtome gets twelve shares bounty then each round devtome can add up how many words each of its authors contributed and divide up the coins the twelve shares worked out to among its authors, like any other project was expected to divide up its bounty among those who worked on the project.


If we have devcoin clients / the devcoin network, we can pay for any books we want. But if we don't have any clients and we don't have the network, we cannot pay any devcoins to anyone for anything no matter how many books people write or how many we would like to pay for.

So having devcoins exist, that is, having client software that lets devcoins be sent and received and minted and so on, is more mission-critical than spending those coins, since the coins need to exist and be spendable before they can be spent at all.

-MarkM-

OHHH. I didn't get what you were saying.

But then we also have the problem of new people's work not being appreciated (of course unless it is spectacular, but who starts as an amateur writer and is just spectacular?)

It would be cool if we had more devtome articles that were like forum style. With replies and such.

...Wait... I'm really confused now. What is different between a wallet and "a client that lets you send and receive devcoins" and what is the difference between the merge mining pool, and the "minting".

And I'm not saying we need to SPEND the coins, I am saying we need STORES. If we have a store where you could buy silver or books (both coming from me soon) for Devcoin, then people wouldn't sell as many Devcoins, because they could just trade some for books or silver. There is a USE for them, so people WANT them.

And if the devtome heavy writers came together, so much could get done.

Also,

If we made a thread for EACH individual bond that is for sale on the bounty bond site, then people would realize that they can use their devcoins to earn money, while funding projects.

I LITERALLY just figured it out like 2 weeks ago, and I don't have enough coins to put down on anything now. So it's too little too late for me, but we should make threads for others.

It won't matter so much whether they are appreciated or not if they are only diluting the amount of money each person working on the devtome project gets, instead of diluting every damn project all at once.

It presumably is going to be like, okay, someone won the twelve shares bounty for 3d-printer files for the first stage booster rocket for the devspacemobile, so now we are announcing a new huge bounty, yes, another twelve share bounty, folks, for the second stage! And since the spacemobile project is obviously thoroughly started now, the first stage having been tested and debugged and proven, we will also have a twelve share bounty for the crew module, so it can be developed in parallel!

Oh but, someone wrote 80k words, so they of course get way more money than either of the space-agencies working on those two spacemobile bounties...

It just doesn't make sense.

-MarkM-

Wait, so are you suggesting something like a "twelve tribes of devtome". And each tribe gets a share, and works on a certain angle of development? So shares are within different groups?

Not quite.

Typically, in the past, a really important thing the project needed would be awarded a twelve share bounty.

Arguably, devtome might be a really important thing the project needs, so maybe a twelve share bounty would be justified to have a devtome exist.

Going out on a limb, we could even imagine devtome is so insanely important that each and every month it deserves a bounty, provided it does, uh, something. Brings in so many new authors and/or so many words of new writing, maybe? Something.

Then just like other projects like pools or clients or whatever that are awarded bounties, the project leader of the team that wins the bounty is expected to divvy up the bounty coins among the team, the theory being the person the team chose as leader knows better than generic devcoin-admins how much each member of the team contributed to the project.

So it'd be like maybe the free open source spaceship project gets a twelve share bounty to develop whatever the next step of the spaceship is and the devtome project gets a twelve share bounty to do whatever is needed next for devtome and so on for whatever projects there are that are so important they warrant such a huge bounty.

However, your suggestion actually sounds a lot like the projects that have not been announced yet, the ones that would need appropriate domains, which we didn't want domain squatters to go out and get and try to hold to ransom, so partly we have been waiting until we have secured all the important domain names before talking about those projects.

Apparently it is not just the domain names that are a problem but also the amount we can afford to pay people to work on them. We are paying so much to authors who just piss away the coins lowering their value that offering even a huge - twelve whole shares - bounty for development of any one of the planned projects would be such a pathetic, laughable bounty that we could not reasonably expect anyone to do them for so little pay.

Paying authors even more than that just for any more-than-12 kilowords just adds insult to injury, not only offering people pathetic pay to do a huge project launch but also paying way the heck more than that to "authors" for the short stories they wrote in gradeschool or whatever the heck else they feel like posting.

Open Transactions is considered important - and thus gets paid something like maybe four or more shares every round - partly because it is to be used for these planned projects.

Blockchain based currencies are insecure, it is hard just getting enough miners mining devcoin, making more blockchains is crazy, thus, the plan is that all the other projects, the entire fields that devcoin wants to support, can get their however many shares of devcoin paid into their project's Open Transactions server, from which the project can share out the coins among the people working on that project without all the vulnerability and cost-to-pay-miners and so on that would be involved if we tried to launch a new blockchain based currency for each field of endeavour. (Think fields like maths, physics, biology, etc, though not those exact fields.)

So, Open Transactions is mission-critical: many entire fields of endeavour depend on it being working and useable. Yet it gets maybe four or more shares of devcoins per month. All fields other than coding and wiki-ariticle-writing are on hold until Open Transactions is ready for use AND devcoins are worth enough that people in those other fields will consider the amount of devcoins they are offered to be worth actually doing stuff for.

-MarkM-

Ok. So there are only 12 shares to be distributed amongst the writers? Or there are 12 extra shares going to Devtome every round?

If we are doing an entire round, there is really no way for 1 person to decide how much was contributed. They are going to be swayed by the work closer to the end, and a machine does it more evenly. And again, newer people are going to be over looked, just like in any company or gang (everyone wants you to put in work first). So even if they do better than an average person on their first time, they may not be recognized over the regulars because the team leader has relationships, and wants to give coins to people he "feels" deserve them more.

And I mean, that would be cool. But we don't have enough stuff going on to split it up like that. Sure, it would be awesome to get a spaceship part built. But telling people they can't get paid until something like that is not a good way to ask them to do it.

It would be better to put these projects at the forefront of devcoin, get teams together that HAVE 3-D printers (how many of us even have one?) then from there we can say, "Here is a new project, equal to Devtome, it gets half the shares" and every time a new project comes up, the pie gets cut again. Which would be fine, because as these projects got popular, so would Devcoin.

I know you code, so you think regular words don't mean much.

But 50,000 words is about 175 pages. If devtome published, they could earn the coins back. Even just to amazon.
And Devtome itself could be used for advertising (each article advertises the e-book version of itself with a link)

And if Devtome had a blog, it could earn some good Adsense revenue for sure.  Just copy and paste the articles. I could even do it. I already have adsense, and I am pretty sure there is a way for me to differentiate between sources of clicks (not each article, but differentiate between my money and devtome's and I could send pictures to ya'll).

This could be very cool.  :)

Considering the state of devcoin, what importance would you place on devtome in regards to adoption? Certainly, coins need to get in the hands of non-developers. I'd posit that this is actually quite important to the survival of the coin. You can't create an economy by circulating coins around the same small niche of people.

Also, I haven't browsed the site enough to say myself... but you seem to indicate that everyone is publishing only grade-school level crap. Is that really the case? If one were to publish high quality content, does this change anything, or is it still "insult to injury"?

Authors should be a kind of developer, they develop free open source writings.

So, like other developers, whether they are developing free open source hardware or free open source software or whatever else, they should be getting similar pay, one would imagine.

Pay for developers of free open source software is one share per month for ten hours per week of work, or, if they are specifically working on tasks directly wanted by the devcoin project, they can get away with ten hours per month.

So for example it might be reasonable to say that a devtome developer who spends ten hours per month making categoriy pages listing all the other pages that fall into each category could get one share per month for that. Developers (aka authors) who develop random pages of whatever they happen to want to write about should be able to get one share a month if they are spending forty hours a month (ten hours a week) authoring such pages. That would put authors of wiki pages/articles on the same payscale as authors of blockchain-based currency clients, authors of Open Transactions and so on and so on.

Normally the idea is to find the people who already do those things naturally for free just because those are things they are going to do anyway. So for example if it was discovered that there existed a contributor to devtome who puts in forty hours a month developing a history of the world on devtome, and having a history of the world on devtome seemed like a great idea, so that a person who all on their own without any pay or reward was putting that much work into doing it was an admirable kind of person spending their time freely developing such a useful thing, then that person might be nominated to go onto the devcoin recipients list, so that they receive a share of devcoins every month as long as they continue putting in that much work on projects that awesome.

That is for example why FellowTraveller, developer of Open Transactions, receives a share of devcoins every month. He works like crazy on Open Transactions, probably more than forty hours a month, it is crazy-useful awesome software, so he was placed in the list of people who receive a share of devcoins.

So it seems reasonable the same should apply to the wiki: if it turns out that some contributors to the wiki spend lots of hours month after month working on awesome stuff for the wiki, they too, like FellowTraveller, maybe deserve to receive a share of devcoins each month that they continue to do so...

-MarkM-

I feel like this is bullshit, because I posted my Hannibal and Egypt articles on other sites, and people are asking me to read about other historical figures and summarize them because they liked my summaries so much.

Hours wouldn't work. I literally have Devtome pages open 24/7 on my laptop.

Plus, I write fast. Someone might sit for 30 minutes thinking, while I write 5,000 words. And my 5,000 words don't mean dick?

Do you think your 5000 words are worth more than, say, 5000 lines of code by FellowTraveller that let us do finances for all the many sub-projects we are still hoping to be able to launch?

It does not matter how many more hours FellowTraveler does, he gets one share a month because he puts in ten hours a week or more on Open Transactions.

If you put in ten hours a week or more on a history of the world for devtome, arguably you deserve a share just like he does.

The point is the shares are rewards given to people who already are doing good useful work we want to reward even though they are not getting rewarded for doing so.

The intent was not to lure people into doing such work but, rather, to reward people who are going to do such work anyway even if it costs them their health life money or whatever it is costing them already to do it unrewarded just because it is what they do.

-MarkM-

We're playing with semantics here, though. What you're suggesting is that people ought to be paid equally for similar amounts of work -- I get that, and I generally agree.

However, I have to reiterate the importance at this time, IMO, of distributing coins outside of the hands of developers -- meaning coders, programmers. If there is ever going to be a real economy, it has to reach outside of this small technology-oriented niche.

Until there exists an economy, devtome is the single most important thing to devcoin, IMO.

That would be cool. But not all struggling artists can work like that. I literally have family bitching at me, and no way to get a job (I have a warrant in Texas for marijuana, and am a known marijuana smoker in Colorado and after being unemployed for over a year no one wants to hire me. But that's fine, I would rather write... But I can't do it for free...)

And again. How do we get new people. This would work fine if people were just looking at Devtome and Devcoin for the heck of it, but most of them are looking to earn them.

No, but it is sure as hell worth more than someone sitting in thought for an hour.

Perhaps not. You obviously place a higher value on code than writing. What I'm saying is -- a lot of people don't necessarily feel that way. And if devcoin is ever going to get anywhere, it needs to reach masses of people that don't know dick about coding.

I think you guys are highlighting the problem with Devtome. Too much emphasis is put on the quantity of words and/or images, and not enough emphasis on quality. No one is ever going to want to go to Devtome and read anything if it's just a bunch of people typing words for the sake of typing words. There needs to be some quality control in place. I do admit though, implementing a fair quality control system that doesn't piss off writers would be no easy task.

The coding/writing debate is pretty straightforward IMO. It takes a much more specialized skill to write code than to write a sentence. Also, there is a lot of thought and planning that must go into coding, when writing you can pretty much just spit out words on the paper and you don't necessarily have to put as much thought and planning into it as coding. Obviously, if a proper quality control system were in place, then this would be a non factor because it WOULD require proper thought and planning to write quality articles. However, as it is currently setup with hardly any quality control, I believe coding should be valued higher than writing. How much higher? Well, that's a whole 'nother debate.

Right. So we should find people who spend forty hours a month or more developing free open source writing, and offer to put them on the devcoin recipients list.

Because their writing is free open source, we are free to put it on the wiki.

We need not even make them do the grunt work of pasting it to the wiki, In fact we need not even put it on the wiki at all really, that would be gravy for the devcoin project, the real point is to find those people who do excellent free open source work freely because that is what they do, and reward them by putting them on the devcoin recipients list.

The problem had been that if we searched the internet for each and every developer of each and every type of free open source stuff and put them all on the list, the number of coins each would get would be tiny so the coins would need to be worth a lot per coin in order for them to experience any real benefit from being on the list.

Thus, the strategy had arisen of trying first to focus on free open source things that can be caused to make money, and cause them to make money, and use that money to buy devcoins, so that devcoins will be worth something due to all that monetised free open source stuff constantly buying any that anyone wants to sell.

That is how devtome arose: the idea came up that if we put free open source writing on the web and put ads on the pages, the ads would earn money,  thus enabling us to buy devcoins from anyone who wanted to sell them...

So I guess I agree we should not pay by the word.

We should find free open source content we want to paste onto the wiki, paste it there, then if any of it turns out to have been created by someone who routinely, lifestyle, spends forty hours per month creating such content, nominate them for a place on the list of devcoin recipients.

-MarkM-

Writing is valuable, maybe not equal line by line, or "word" for word. But 50,000 words deserves to be paid like it matters, not just 12 shares.

I buy books to write my books just like you buy books to learn to write code. There is no less thought put into it, the code is simply more valuable because of its application abilities. Words can be sold as books, Code can be sold as other things once you apply it.

And a better solution to quality control would be to tag articles that are better than others, maybe even make it where the better articles earn shares forever instead of one round if at all possible.

I've literally gone through over 400 pages to write what I have written for this round. And I have books in the mail that most people wouldn't even look at unless they were forced by a professor to buy them.

Just to give you an idea, here is a few (out of 36) books I literally have coming in the mail. I had them shipped to my mom's house, and she is bringing like 15 of them tomorrow:

http://www.amazon.com/gp/product/0140449523/ref=oh_details_o01_s00_i00?ie=UTF8&psc=1
http://www.amazon.com/gp/product/0802224040/ref=oh_details_o05_s00_i00?ie=UTF8&psc=1
http://www.amazon.com/gp/product/0520248422/ref=oh_details_o07_s00_i00?ie=UTF8&psc=1
http://www.amazon.com/gp/product/0198601654/ref=oh_details_o06_s00_i00?ie=UTF8&psc=1
http://www.amazon.com/gp/product/0195046455/ref=oh_details_o04_s00_i00?ie=UTF8&psc=1
http://www.amazon.com/gp/product/1405176008/ref=oh_details_o03_s00_i00?ie=UTF8&psc=1

The point of devcoin was that if for example we discovered that you are a person who writes free open source books, for free, as a lifestyle, you would be the kind of person devcoin was created to reward, and we would like to place you on the list of people who get a share of devcoins each round.

We would love devcoins to be worth so much that your one share of devcoins each round was worth enough to seriously reward you for your lifestyle dedication to publishing free open source books, but, for that to happen, we need to make devcoins be worth a lot. There is no point adding so many lifestyle devotees of free open source things to the list that they each are being rewarded with a satoshi or two worth of devcoins per round.

So if the free open source books that you naturally all on your own are devoted to writing can be caused to make money that can be used to buy devcoins, that would be awesome, and we wouldn't then have to feel like awarding someone a share of devcoins is a worthless award/reward.

So we first tried to focus on free open source things we could turn into moneymakers.

I don't know how this whole devtome authors mess happened, though I think part of why it is so horrible is the insane 80 shares maximum thing.

Doing ten hours per week (on your own unrelated things) or per month (on mission-critical things we need) OR MORE lets people get one share.

OR MORE is important. It does not matter that FellowTraveller puts in forty or more hours per week, it is unfortunate but devcoins are not worth enough for us to be able to afford to pay by the hour. All we can do - except for this whole devtome mess, it seems - is give a few of the most deserving developers of free open source things that we can find one share per round of devcoins.

If we discovered that Stephen King was spending ten hours OR MORE per week writing free open source Stephen King novels, we might well consider nominating him to receive a share of devcoins per round.

Even if he spent forty hours per week doing it, sorry, developers get one share right now, as devcoins are not worth enough yet that we can afford to pay more, as doing so would simply devalue the coins, so likely work out to the same number of bitcoins or dollars or whatever anyway.

-MarkM-

Well yeah, that is why I was chosen. I was posting books in the off topic section, and Jasinlee came and invited me.

But if you don't pay the writers, they cannot get better. My writing has improved 100x since I have gotten the 4 books I got for research (and I have 36 more coming) and my YouTube videos are at least 2x as good, because I can now include Xbox gameplay thanks to Devcoins. But that won't start earning good money for like 6 months to a year.

You have to support the work or it stays shitty... Or just dies.

Then why not try making individual coding projects bounties? Reward that instead of per hour.

That is what we do.

For example we found a project named Bitcoin, and found that there was someone who was spending lots and lots of time and energy and thought and coding and so on working on it, and added him to the list of people who get a share of devcoins.

We found a project named Open Transactions, that someone was spending huge amounts of time on, so we added him to the list.

And so on.

-MarkM-

Is their work being posted to a Dev website for everyone to see? If we made threads for their code it would get used right? People would follow links to code they can use, especially if it is super useful coding work.

Then they can earn shares for views as well. And maybe give them more shares?

But if those people are just getting paid code simply for coding work they already do, I don't see the problem. I post my stuff to a dev website and then post links to the dev website other places.

If they are just coding for themselves, then why should they get more shares? I should get more shares because I am a blogger right? Or because I am member of various forums across the web where I post things similar to devtome?

I'm not really saying I deserve any more coins, I'm just saying that if they are not participating in Devcoin projects other than the fact that they are coding for free for other websites, then why should they get more shares?

Fin... you are unemployed?  Do you have a college degree?  I can help you get a job, maybe.

Sorry for the double post...  I am too lazy to edit.  :D

Most writers just get 80 in one round from previous works and then burn out later.  I guess 35 shares maximum would be a reasonable alternative.

Very unemployed. Nope, no degree. My parents put their money into fun and my sisters education and living style. I don't even have a credit score. I'm not saying it's bad, I'm saying it is non existent.

Any cap would be useful. It would make each share more valuable. That is a great solution. Just don't cap new users at 2-3 shares.

Those people are supposedly putting in ten hours a week on their projects.

If they were working directly on projects that devcoin particularly wanted, they could get away with only putting in ten hours a month without being remvoed from the list.

It is arguable that either Bitcoin or Open Transactions or both are particularly important/relevant for the devcoin project thus that maybe Gavin and FellowTraveller ought to be able to get away with only putting in ten hours a month without being removed from the list.

Instead what we have done in those particular cases is to find a way to direct more devcoins to their projects. Instead of requiring that it is up to them to share out the devcoins among their team members, we have put some of their team members on the list. So basically instead of the project being on the list, with the coins going to the lead developer of the project, those projects are deemed so important that individual team members have been placed on the list. I think both Bitcoin and Open Transactions each thus get about three or four shares of devcoins, one share to each of three or four or so major members of the teams.



Maybe better would be come up with some nominal number of words that can be taken to on average probably be about an hour of typing/writing, and say that any devtome contributor who posts ten times that many words OR MORE per month can be nominated to be placed on the list.

That would make article-developers who are working specifically on developing articles for devtome just like any other developers who are spending ten hours a month OR MORE on devcoin projects.

-MarkM-

1. If number 2 isn't enough for them, then take the projects that are Devcoin related and give them 4x shares since they are doing 10 a week, when they only need 1 a month.

2. And if they are earning coins like that, then maybe just give each member of the team a few more shares.

Is your sister well-off?

Also, take a look at this: http://www.uopeople.org/

I misunderstood. I get what you are saying. That would work.

Well her and my mom would go shopping about 3x a week on average when I lived in Colorado with them, and I literally had about 5 shirts and 4 pairs of pants to my name.

And when my sister came to my Pueblo apartment she had a look of "eeh" almost fear on hear face like "this is so small", then she proceeded to pretend her apartment is much smaller (even though I know her gay room mate would throw a hissy fit to his parents if he had a small apartment)

And I'm sure her place is over $1,000 a month. The place I live right now is $360 a month, plus $40 utilities.

I literally live in an apartment where my ass sweats, and I sleep on a mat with a sleeping bag and two blankets in the living room. Because:

1. I don't own a bed.

2. My room has no air conditioner in the wall, so the living room is the only place I can sleep and not wake up in sweat...


Everyone in the building is Mexican. The parking lot in front of my house is a church, a laundromat, a wendy's and a Mexican night club where they all dress like cowboys. During the day it looks like an abandoned store.

And I don't have enough money to eat like a real person, so most of the time I have Ramen 1-2x a day.

Personally I believe that starvation can help with creativity. So I try to look at the good side, and I see what I am going through as something like Jesus was going through in the desert. Not exactly the same, but I am basically on a constant (involuntary) fast, and am on that spiritual level at all times.

I really think you need to get either a degree, or some sort of trade certification (mechanics, etc.)

Are there any aid programs in your area?

My family is too well off for me to receive aid. I do have a place of residence, which is one of the main qualifications here. You have to be staying on SOMEONE ELSE'S floor.

I can't get a degree without paying for college, same with trade school. And I have ZERO dollars (like $30). I have never had more than $2000 in my life, and that was from writing on Devtome.

Plus, fuck a teacher. I can read these books on my own and get way more from it. I have a list of over 350 books to get, and about 50 of those are text books :)

Thanks to Devtome I've written around 100,000 words in the past few months. If I were to publish, that would be over 300 pages. And I'm not even done.

What do you mean?  I've written about 10k words or so and have about 1 BTC from it.
Keep writing and save!

BTW, I'm 21. Not even really old enough to have any kind of real degree. But I have only been to a semester of college any ways.

My brother died and it was my sisters birthday, and everyone on here was not trying to be a part of anything I was doing. So I spent the money on stuff for youtube, which will make money in the long run. Stuff for my living brother. And stuff for my sisters birthday.

I had $2,000 in BTC from writing and expected like 4-5 million coins that seemed to never come (I still don't know what happened, they just disappeared or I miscounted).

I thought I would write more, but then I completely got off the internet and just watched TV. But now I am back, and using books as research to write tons of shit.

And guess what, my mom didn't bring my books today, because she was busy packing for a mini-vacation.

I had 2 bowls of fruit loops today, and that's it.

I'm not saying my parents owe me a golden toilet, and a mattress made of cloud-yarn. But in the age where everyone is a trust fund kid, and only little girls get service desk jobs, and the economy is falling to pieces... It would be cool if maybe my parents could give me $300 a month on a credit card to earn some credit (or if they would have done that when I was 17-18 )...

I'm just completely FUCKED in today's American economy. If it were possible, my family would probably just sell me into slavery. But they can't, so they treat me like a dog and act like I'm spoiled.

And most of this happened because of promises.

All through my child-hood my mom promised me that if I stuck with her, I would never have to worry about anything involving money because she was "working on that" with my step dad, and all we had to do was wait for him to start earning. But that was really just to get child support it seems like now... Which I never saw. We didn't have anything more than the other kids at school, and Child support is like $1,000+ a month right?

When I was like 16-17, my stepdad told me he was going to send me to south America to work for his geological company, but he never did. So I didn't have a job. Then the other of those 2 years, I worked at Albertson's and ended up getting arrested. My parents (who lived in a $1.3 Million  house at the time) were unwilling to get me a lawyer, so I was in jail for like 2 weeks or a month and lost my job.

When I was 18 my mom told me that she was going to send me to community college, but I don't have a car and was living with her and I was never allowed to drive her car. So she didn't take me to registration and I missed it and she acts like I did something to miss it.

Then when I drove to Florida from Colorado she told me all I had to do was find a trade school. Then when I got there she told me to get a job. I ended up homeless. Not a joke. First lived in my car, then got in a wreck and lived at the park.

Then the promises ended:

Then I lived in someone's closet just south of Miami. That is not a joke either, I have videos. My friends car was stolen in this town, and I got 2 murder scenes on video, not the bodies, but the locations, and always the day of.

Then I lived in a 2 person dorm at FIU with 4 black kids, one of them called me "Mr. White man".

Then I lived in Pueblo with some mall rats, and a Filipino guy that was in the army and always had a gun on his hip. Always.

Now I live in the Mexican place.

At one point my mom even made me get a blood test for life insurance. Like she was waiting for me to die.

I literally have no money. I have various websites that are not online right now because I cannot afford them. And I can't afford to invest in anything.

I can't use pay per click. I don't have any money. If I could do that, I would have plenty of blog and YouTube traffic to make money. I already have a fair amount of traffic, and that is from sheer elbow greese. Unless I can get clicks for free, I can't do it.

I hope to use my Devtome earnings to start a silver company.

What you're suggesting isn't really for devcoin projects, or devtome, though... right?

And how does this encourage adoption? In the context of this discussion, I think adoption is crucial to think about.

A wiki is user-generated, community-oriented. What you're suggesting -- not so much.

If there is a way to up the quality standards in an objective way, I'm all for that. And a cap lower than 80 would help to weed out some the fly-by-nighters and would be beneficial to all shareholders, I think. Penalizing new users with a lower cap, though, discourages new users from joining while encouraging older users to churn out those words, knowing that their own shares won't be diluted by newcomers.

For adoption we probably need things people can buy using DeVCoins. So maybe the idea of packaging free open source content into e-books for sale has some merit for that.

I think DeVCoins might be one of the coins the many-coin-types payment processor handles, if so then that should make it easier for people who sell stuff on the web to accept DeVCoins for whatever it happens to be that they sell.

But giving out DeVCoins at the rate of one full project's worth of coins (a whole share, such as a whole open source project's lead developer gets) per each 1000 words is clearly not helping adoption, on the contrary it is causing massive dumping, driving down the value of the coins, which in turn turns people away from adopting the coin.

So to boost adoption we would probably be better off not paying out anywhere near as many coins, maybe pick a lead developer for Devtome and give them one share, from which they then divvy out coins to their team, such as any authors they get to help them develop devtome.

The less coins given out the less dumping, likely we'd see prices go back up to 200 to 300 satoshis like they used to regularly before we started throwing away 80 shares at a time to authors.

Periodically the price used to tumble to thirty-something satoshis once enough rounds had passed that a few developers started to think maybe enough shares-rounds might have passed for them to have accumulated enough coins to be worth the trouble of firing up their client to sell the coins, but it used to then climb back to the 200 to 300 satoshis range.

Quite likely also the long span of low prices these so eager to dump all the coins authors have created has triggered other people who had been happily sitting on their coins maybe not even bothering to set up a devcoin wallet since afterall their coins go to a bitcoin address, they never needed a devcoin wallet to get on the list, to decide there is no point letting it ride a few years since it seems like it is going no-where and has in fact lost its direction completely, throwing away far far vaster sums on dubious wiki-articles than even the most important projects' most dedicated developers get.

-MarkM-

That would be cool if we could make e-books of the articles.

Do you know where we could look for payment processing?

I don't think the price turns people away from the coin, they are getting them for free. The only people worried about the price are people holding coins, and if they would just buy coins and tell everyone else to buy coins, it would correct itself.

Devcoin needs to launch a giant "Buy this coin" campaign. Even if that just means 1 thread from each regular about something that leads people to Devcoin.

If we got 10 people, and had them all pick a link from this list, and make a thread about it. We would have SO MANY NEW DVCers

The price definitely turns people away. They see it has gone no-where but down for the last however many months, and figure it is dead or dying so don't invest in it.

People getting large amounts free does not increase adoption, it increases dumping, which lowers the exchange rates, which turns off potential adopters.

A faucet is one thing, giving people more than Gavin or FellowTraveller or other people working forty hours a month on important projects just for posting some dubious but 2000 words article is just crazy.

Seriously. One share is worth forty hours of skilled work. How many words can a skilled author write in forty hours of writing? Or even just ten hours if we assume they are writing new material specifically for us?

Once Stephen King has a story idea worked out and plotted ready to write, how many hours do you think it takes him to write it down? If he doesn't have something ready to write that month, no problem, take him off the list that month. Some month when he has come up with something ready to write he can sit down and write it.

-MarkM-

I'm pretty sure I've seen like 5 new authors in just the past week, so I don't see how people are "turning away" when we only have like a total of 35 authors, and five of those came recently.

Even my trolls followed me here, and then stopped trolling me for the sake of the coin... So I think that says a little more than just random unfounded words about "potential adopters".

Then give the coders more shares. Don't penalize writers for not coding. (or add a lower cap)

There are not more shares, the maximum number of shares the software can handle is limited. That is why many things pay in fifths of a share.

Once we hit 4000 shares that is it for the month, there are only 4000 blocks in a round, that is, 4000 shares. Each share is one block.

So increasing the number of shares is the wrong way round. Once we have four thousand projects more and more projects will have to be getting fractions of a share instead of whole shares.

So if eighty thousand words is the max per person, and we want up to 4000 people, we need one share to be worth eighty thousand words. One fifth of that is sixteen thousand words, so we could give one fifth of a share per sixteen thousand words. That way the max any one of the 4000 recipients could get is one entire whole share. So simple math, we know the max words an author can get paid for per 4000 blocks and we know the max number of shares there are per four thousand blocks. (One share per block, 4000 shares.)

If we make the max one whole share, we could have four thousand people/projects all receiving one whole share.

If one person is to get two shares, we'll only have enough shares for 3999 people instead of 4000, unless maybe we find five people to each only get 4/5 of a share so that the one guy can get two shares.

-MarkM-