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Title: Devcoin is a GREAT buy! Post by: Bobsurplus on January 27, 2014, 04:06:20 PM Here is the list of great buys VS not-so-great buys.
Great Buys These coins all have various interesting projects in the works, have great communities and great developers. We consider these coins to be severely undervalued. Zetacoin (ZET) (Daily Maintenance Cost: $228.13) CryptogenicBullion (CGB) (Daily Maintenance Cost: $195.21) Devcoin (DVC) (Daily Maintenance Cost: $452.23) Frankos (FRK) (Daily Maintenance Cost: $1060.98) Digitalcoin (DGC) (Daily Maintenace Cost: $8376.52) Not So Great Coins To Avoid We consider these coins to be very gimmicky. While many of them have outstanding communities, their current maintenance cost is way too high to be sustainable in the long run. Most of these coins are brand new and are surviving off hype. Trading of these coins should only be attempted by experienced traders). Dogecoin (DOGE) (Daily Maintance Cost: $1,060,957.44) Mooncoin (MOON) (Daily Maintenance Cost: $133,602.05) LotteryTickets (TIX) (Daily Mainteance Cost: $27,980.86) Lottocoin (LOT) (Daily Maintenance Cost: $26,369.84) Earthcoin (EAC) (Daily Maintenance Cost: $19,922.42) Source: http://cryptosource.org/good-buys-and-coins-to-avoid-how-daily-coin-maintenance-costs-should-factor-into-your-investment-decisions/ Title: Re: Devcoin is a GREAT buy! Post by: bit-fxtrader on January 27, 2014, 05:18:19 PM How did you arrive at the daily maintenance cost and what do you mean by it?
Title: Re: Devcoin is a GREAT buy! Post by: Bobsurplus on January 27, 2014, 05:18:51 PM How did you arrive at the daily maintenance cost and what do you mean by it? I did not write the article, just found it. Title: Re: Devcoin is a GREAT buy! Post by: OneEyedJack on January 27, 2014, 07:11:31 PM So can I make a news article listing the coins I support and don't support with some sort of calculations I have?
Add a link to the article please :) Title: Re: Devcoin is a GREAT buy! Post by: pabloangello on January 27, 2014, 07:50:42 PM Interesting concept with "daily coin maintenance cost", thanks for the article.
Title: Re: Devcoin is a GREAT buy! Post by: Bobsurplus on January 27, 2014, 08:00:13 PM Interesting concept with "daily coin maintenance cost", thanks for the article. :) Title: Re: Devcoin is a GREAT buy! Post by: FeedbackLoop on January 27, 2014, 09:53:19 PM Wrong forum? Title: Re: Devcoin is a GREAT buy! Post by: kjlimo on January 28, 2014, 01:47:59 AM A good way to evaluate the "costs" of certain coins to society.
Not sure if it correlates to "great buys" or not though... Title: Re: Devcoin is a GREAT buy! Post by: Zzzack on January 28, 2014, 02:06:56 AM The daily maintenance cost = the USD value of new coins entering the market that day = marginal supply for the day = amount of NEW $ that need to go into a coin at that price so it doesn't lose value.
With that said, OP is right and Devcoin is a great buy. Coins to look at: QRK has the lowest maintenance cost relative to the size of its market cap ~~ 930$ a day : 19 million $ market cap Zeta has one of the lowest maintenance costs ~~ 230$ a day : 3 million $ market cap Devcoin has one of the lowest maintenance costs ~~ 450$ a day : 3.5 million $ market cap Title: Re: Devcoin is a GREAT buy! Post by: galbros on January 28, 2014, 02:23:07 AM I saw the original bct post and read the article. One thing was not clear about devcoin though, most devcoins go to the devcoin foundation, so I wonder if they are underestimating how many of them there will be.
Title: Re: Devcoin is a GREAT buy! Post by: hvezdasmrti on January 28, 2014, 02:43:33 AM Devcoin is not too good for any pump and dumps, i dont see any big movements in its history. Next month it will just cost the same like 1 month ago. Its just a coin for technical purposes.
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