Bitcoin Forum

https://cryptostocks.com/securities/34


DGC has passed the Vircurex shareholder vote.

http://oi39.tinypic.com/2qu2a2a.jpg

Thank you to the shareholders and the digitalcoin community.

I don't get the results?

Why were there so many more voters for WDC than DGC?

Rigged. Clearly someone was trying to smear WDC with downvotes. WDC actually has more upvotes than DGC.

Nice!  :)

5546 people, I guess. Quite the conspiracy. I'd gather, people didn't want WDC, but were indifferent about DGC, and didn't vote either way.

I expected DGC to make it, but I thought WDC would as well. It is a surprise. But a good surprise. Ching Ching

wow so much neys for WDC

seems legit

+1

Nice, so now are we expecting sudden burst of network hash?  ;)

Vircurex is a joke. The fees are too high, their trading system is confusing, and their website is amateurish. If they were fair they would listen to the voters here and add both DGC and WDC. Both have good support and both have active developers.

Congrats!!
And this is only the beginning!!  ;)

Dude, over half of the share holders, voted no to WDC. It has nothing to do with being unfair

That's good news for WorldCoin.

to me it looks like wdc won and has the thumbs up! not dgc..

It was not WDC vs DGC it was 2 seperate votes, both had equal opportunity. If both had had more yes than no votes, both would have been added. And thats not share holders, it shares, so, in theory, if someone owned 20% of the shares, would they control 20% of the vote?

ahhh, now that makes more sense :). I'm sure there are a select few with the majority of shares.

CEO,CFO,CIO,COO.... and maybe a few more C's I'm missing...   ;D


-tb-

Any one here think tht an exchange like vircurex is going to help boost the price on any coin? They lost hundreds of thousands of dollars of its customers money right, so why would anyone use them

It is positive progress, congrats DGC on moving your coin forward.

Baritus, you should be ashamed of that voting, not first to post it.. I was hoping you will some day, and you know I tried to give you advice about it both publicly and privately but I'm afraid you'll never learn it..

Vircurex is a joke, so nothing you'll get with DGC being added there just like WDC wouldn't coming there alone or in same time as DGC, without being on btc-e one exchange is quite enough but that voting was a shameful. You DGC guys are taking completely wrong approach to this game and losing my respect day after day.

If you really think, and unfortunately lot of you do, that you'll make a way for your coin by trying to harm other coins on all pathetic ways you can figure out (and you are kings in figuring out lot of pathetic ways to do it), you're fucking deluded  :o

Hey Seleme,

I took a screenshot of the results. I wasn't biased nor provided any opinions, just showed the facts.

I don't want to hurt anyone, I just reported news.

You know very well what happened with that vote and you should be ashamed with it not brag about it.. but whatever, no use saying it, you have some strange approach to marketing though seeing what kind of people are coming here it even might be good for you.

THIS is what this forum needs more of.  I get that people have their favorite coins (and the opposite of that too) and that the interest (need?) to pump & dump or get behind the 'right' coin has value, but the recent lack of civility has been disappointing.

Lol get over it dgc wins fair and square. Great news for Dgc and has fired up dgc trading once again today! Word on the grapevine is it could be added to btc-e very soon. Love this coin. I mean what other alt coin can you buy games, houses, food even sextoys with lol! (thanks to Fendlestick for coingas.com and cryptosextoys.com) Day by day support for dgc grows stronger and services keep coming Keep up the good work Baritus!

 :)

Does seem quite fishy to me with 195 yes on the WDC and 190 yes on DGC... seems to be about the same volume on yes votes but EXTREME volume on no votes, and I havent seen anything to warrant that 5000 people hate Worldcoin

Vircurex runs it's business very professionally. Some people are willing to pay higher fees for the stability they offer. Personally, I've seen them respond quickly and accurately compensate people when there are issues. Even through being hacked and losing balances, they've always returned the btc lost to their users (I assume out of pocket). That level of customer service is invaluable. It's why we're willing to pay slightly higher fees.

5000 votes does NOT mean 5000 people but 5000 shares! 1 share gets you 1 vote.

I'm guessing some big shareholders are sitting on a bunch of DGC right now.

Just a guess though,  ;)

Just look at the WDC charts and compare them to DGC.

WDC is on life support while DGC is flourishing.

That's an aweful lot of thumbs down vs down for digi..  may I ask why, there are so many people that vote down for a coin like that?  If that many people voted no why weren't there more votes for digi?

Some big share holders were against WDC and indifferent about DGC..

I don't blame them

meh, never used vicurex anyways..

Junk.

an obviously rigged result against WDC, but it will be nice to be able to have an option to trade DGC at a site where the owner doesn't steal my coins.

Vircurex was my first exchange and remains one of the most reliable, cept for when gox or btc-e attacked em!  ;)

Again, it's SHARES, not SHARE HOLDERS. If you have own more shares, you own more of the votes.

WDC won the forum vote by a very small margin. Yet on the Vircurex shareholder vote WDC gets 95% of the downvotes? Either something went wrong with the votes or this is not a representative voting system.

I own a large amount of both coins.

Well, one obvious thing to point out is that forum members are not all Vircurex shareholders...
For all we know, those that voted on the forum could be an entirely different set of people to the Vircurex shareholders that voted.

They don't need to be sitting on any shares of DGC.  Vircurex flourish on transaction fees and DGC will give them a lot of it.  Just that simple.
I just wish WDC would have done more.  Goes to show a good name means nothing without develpoment.


-tb-

It's a fair point to make, may aswell just be some random numbers thrown at it.



.5% off fees for 1 year on vircurex - https://vircurex.com/welcome/index?referral_id=327-24947

That is obvious but with respect not relevant to anything. If you poll 600 people in a presidental election and the results are roughly 300 vs 300, and then you poll 600 different people and the results are 570 vs 30 then something is up. If each voter has an equal count in the voting process the chance of that occurring mathematically is extremely slim (http://en.wikipedia.org/wiki/Sampling_(statistics) if you are unfamiliar with the math behind these concepts).

I'm not familiar with how the Vircurex voting process was carried out, if it is true that votes were weighted according to the number of shares the voter has then that could potentially explain it. For example if someone has 90% of the shares and voted no against WDC then that is going to massively affect the vote count. But that doesn't seem very fair to me...

The strangeness is compounded since WDC has 59BTC of trading volume in the last 24 hours on mcx now, and while that is a higher than average day it has been pulling in good trading volume figures since it launched (I would bet much higher than DGC, lifetime), and trading volume is what makes the exchange money.

What happened was obvious.

Someone either really hates WDC for some reason or was bribed to vote it down.

Whatever happened, we can't change it now.

There could be a legitimate reason which is not sinister.

However it's certainly not fair nor representative of the community, as proven by the forum poll.

It is relevant, because unlike your presidential election scenario, one vote here is not necessarily equal to one shareholder's vote. Like you said, as an extreme example, if one shareholder holds 90% of the shares, then the shareholder vote should have pretty much no resemblance to the forum vote.

Also, the two sample spaces you're using are different. Vircurex shareholders can be likened to votes in one particular state in USA, while these alt forums could be likened to another completely different state. You wouldn't expect votes in both states to be more or less equal would you? One state would traditionally favour one party in most cases.

Note that one vote here isn't necessarily a 'fair' vote either; people could easily create duplicate accounts and vote more than once. Not saying that this occurred necessarily, but just pointing out it's possible, and that your presidential election comparison is flawed too in that respect.

Obviously WDC is a threat to some of the "shareholders". Just goes to show what kind of people are backing DGC. Clearly some bribery going on as well. Real pathetic :D

unlike the forum vote, they didn't choose one over the other.  WDC didn't lose 'because' DGC won. They could have both been voted in, or both been rejected.

As stated before, just because they downvoted WDC does not mean that they were on DGCs side. If they were there would have been a much more positive vote for DGC.

Just because a large amount of shareholders or a big shareholder is against WDC does not mean it was bribery. If you wish to have Vircurex to go in your favor, then buy some stock and make it happen.

+1

#DGC for the win!

There are a few exchanges that I frequent regularly and Vircurex is not one of them. Who cares what coins are languishing there.

SWEET!!!

DGC ~ MONSTERRRR

lol wow rigged much..... . WDC market is currently more valuable than dgc....   wdc is already on 3 exchanges...  vircurex isn't going to make any difference... It has been dead over recent weeks

I wish it wasn't, I like VirCurEx (see sig) but referral fees % has dropped like crazy for me. Volume and trades are low.

If I have to choose between Vircurex and MtGox websites I think I'd kill both.

This is my thought. Usually if I'm not for or against I'll just not vote. Sometimes I'll vote with the popular opinion just because it's fun being a sheep and I figure if it's going to win anyways, might as well help speed it up so we get results faster, :p.

I thought both would make it though. I like both WDC and DGC. WDC has an active community that tries to get the community to be social and stuff, as well as their other projects. DGC is more about the projects (like their market) based on what I can see, but they are still pushing hard.

Regardless of the vote, both coins definitely deserve credit for what they're doing!

"There could be a legitimate reason which is not sinister."

Yeah, the one or two people that comprise the vast majority of the voting shares has been mining DGC not WDC, and they want to dump their DGC for higher than the Cryptsy rate. If Vircurex added both coins, WDC would take some attention away from DGC on the site, and lessen the profits from their dump. It has nothing to do with whether or not WDC is a viable coin. It is not a matter of what is in the best interests of Vircurex itself. The same person/persons had no problem voting the joke BBQ Coin into the exchange to be dumped into irrelevance and delisted soon thereafter, because they had lots of BBQ that they wanted to dump at the time.

Between the multiple account hacks at Vircurex and the sham methodology that it goes about when adding new coins (They factor in the potential for DDOS retribution from people unhappy a particular coins might be added, seriously?) It is very hard to take this exchange seriously at all....and this is coming from someone who has FAR more DGC than WDC. The only good thing that could come from this addition is that it might coax a more legitimate site like BTC-E into carrying DGC more quickly.

It looks to me as tho all you need is one voter with 30,000 shares to vote yes.. and that's it

Sweet

Not sure the ratio of shares to vote weight, but that's how any company works; majority always wins, whether it is a single person with 51% or a group of people that have 51%.

It would be in the exchanges best interest to just add both. There was obvious support for both