scam alert
i deposited 200 fc on that exchange and has not showed up yet after alot of confirmations..
It'll get there the exchange is solid. |
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I seriously think that we should hope devcoins will become valuable enough that we can use the standard "one fifth of a share" unit of measure to reward writing. I get this from it taking maybe an hour or two to write a thousand words and maybe taking an hour or two to host something that needs some admin stuff done. Or lets say, one hour of work's worth of actual money to actually pay for a machine to host it on and bandwidth for it and one hour of actual work running the thing. So one fifth of a share seems to maybe be about and hour or two of work, and even then only work that is directly on project gets to do only ten hours for a full share, tangential / external stuff a share is forty hours! I do not know how much coins would need to be worth, or really I guess, how much one-fifth shares would have to be worth, for this to be "reasonable". Recently an off the cuff guestimate of share value by Unthinkingbit put one fifth of a share at $30. Is not $30 a decent wage for an hour or two of promoting your own ouvre or genre or whatever you want by writing about it on a hopefully osmeday influential wiki? Heck, some people would pay that much or more to be permitted to post their own work / original research / anything on an influential wiki!  D The hosting one gets 1/5 of a share for one has to actually be paying for bandwidth and hosting, not just doing some work-of-your-own-choosing promoting anything-of-your-own choosing... Are things we are paying about $30 a month to have someone host an admin things they can run as a freebie on a $5/month webhosting-only account of things they'd need a $30/month virtual machine for? (In the latter case the share merely covers the machine, so their real pay is just that they got to use any spare capacity of the machine for their own uses if it does end up actually having any spare capacity...) -MarkM- These are good points - why not just increase the shares for admin work etc instead of decreasing shares for writing? I was made an admin this month and I can relate that writing seems to be an easier way to earn DVC, but on the other hand Devtome does not have a lot of writers yet so it may be best to keep writers well incentivized at this stage while we build a critical mass. |
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I have long fantasized about an artificial island nation state adopting BTC as its national currency - perhaps complete with solar powered next gen ASIC miners, funding a space exploration program, funding research into the cutting edge of human endeavor such as renewable energy, space exploration, 3D printing, supporting itself economically as a tax haven and entrepreneurial incubator, refusing to acknowledge or ally with the current corrupt nation states which drag us into pointless wars, the list goes on... Replying to watch this topic closely  That beautiful vision sounds like it will end with "Then America stepped in". Just edited it to add a little more - but didn't add that to the end |
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I have long fantasized about an artificial island nation state adopting BTC as its national currency - perhaps complete with solar powered next gen ASIC miners, BTC funded space exploration program, researching into the cutting edge of human endeavor such as renewable energy, space exploration, 3D printing, supporting itself economically as a tax haven and entrepreneurial incubator, refusing to acknowledge or ally with the current corrupt nation states which drag us into pointless wars, using BTC funding to mine Helium 3 on the moon (generating even more wealth for our country as well as helping humanity as whole), building a space elevator, the list goes on... Replying to watch this topic closely |
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I think one share per 5000 words is a bit steep - certainly puts me off submitting a lot of writing! Maybe we should just double the admin shares? This is getting pretty complex and I'm thinking maybe UnthinkingBit has had the best approach, just letting the system (for the main part) roll as it is. I think the word limit tackles most of the issues - maybe we can vote on increasing other shares for dev and admin work? Everyone has vested interests though (even if they don't mean to) so it is hard to remain objective and to be honest I am not sure what the best course of action is. |
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This has probably already been mentioned but I really think it would be awesome to enable merge mining that also supports projects like SETI@home and other BOINC projects like helping find a cure for cancer. Integrate this with the GUI of your coin so that miner can drag and select a percentage of their hashing power to contribute to the BOINC network (from 0% to 100%). If the coin gets really popular this implementation could do so much good for the world it's unbelievable. EDIT: also a GUI that enables anyone to mine easily, making mining more accessible for the masses = more people using the coin Yes! Merge this with something like folding@home or SETI@home so that while we're doing this we're doing something meaningful for others as well. So many members of the crypto community are techno idealists who want to change the world, I really think this is really worth doing The Bitcoin network is so powerful - imagine if this coin reached those levels and had this integration I'm so excited with this idea! |
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This has probably already been mentioned but I really think it would be awesome to enable merge mining that also supports projects like SETI@home and other BOINC projects like helping find a cure for cancer. Integrate this with the GUI of your coin so that miner can drag and select a percentage of their hashing power to contribute to the BOINC network (from 0% to 100%). If the coin gets really popular this implementation could do so much good for the world it's unbelievable. EDIT: also a GUI that enables anyone to mine easily, making mining more accessible for the masses = more people using the coin |
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Enable merge mining that also supports projects like SETI@home and other BOINC projects like helping find a cure for cancer. Integrate this with the GUI of your coin so that miner can drag and select a percentage of their hashing power to contribute to the BOINC network (from 0% to 100%). Do it |
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+1 for this thread. Really enjoying it (not that I believe in all the memes but they still made me laugh)  |
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have a vote, and take the median of the result for every round after this one. Because I already told someone that they could write up to 80,000 words this round, if there is a word limit, this round it will be at least 80,000 words.
If everyone is really so worried about it, I believe this is the best solution. A limit would fix the "Quantity over Quality" 'problem'. Yes, a limit of 80 000 words is fine with me. Enables enough for me spend a coffee fueled month pumping out something psychedelic and not hitting the word count wall - when I have the time! |
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Also buying SC with LTC, BTC and FC.
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Ha, domain sales! E-bay still owes me $3.50 refund they have never yet sent me, for my auction of the matched set of the three domains windows.com, windows.net and windows.org
Not one bid! Hilarious! Imagine their value had I actually paid for them and kept paying all these years!
(In those days, I could ask the NIC for a whole bunch of domains "on spec" and pay later for those I decided to keep. Ah, the good old days! Thanks for triggering such fun memories of old times!)
-MarkM-
Mark - that is a phenomenal story - wow! |
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Looking for 10K SC. Will buy any amount of 1k plus. PM me with an offer if interested |
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Very nice. I have buyxrp.com ripple-x.com theliteco.in abitco.in Just in case you or anyone else is interested. PM me with offers |
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Yes. I wasn't meaning necessarily disparaging adjectives. Think adjectives like hip, modern, classic, classical, intriguing, fantastical, lyrical, imaginative, and on and on and on, different ones appealing to different crowds. (Punky, gritty, visceral, explicit, stark, gothic, horrific, suspenseful... and on and on...)
-MarkM-
I think it will be ok. Are you saying you are worried that someone might post an article they wrote in the 90s and we'll start getting "the wrong crowd"? No he means it's a good thing I am excited to start putting sci fi up next round  |
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We accept DVC at http://bitcoinprbuzz.com to help crypto projects break out through offering massive Press Releases and advertising for crypto businesses / projects and merchants |
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I agree that a limit would benefit the community, it would provide a more sustained growth of devtome, rather than extremely large amounts of information being added in spurts. I think this should all wait until next round though, It's like changing the rules of a game half way through the game.
I don't think information will ever be added to Devtome in spurts again, 1) I am not leaving 2) I think traffic is just gonna go up from here. Right, but let's say someone else like you, who has tons of material to post shows up and blasts devtome with 200,000 words. I agree that traffic will continue to grow, but I don't want to see a "pump and dump" scenario happen. Someone (with bad intentions) comes in and grabs up those 100,000,000 DVC, sells them right after for BTC or USD or whatever, that floods the market and thus we will see it crash. Devtome is reaching a tipping point and I do not want to see the next 6 months full of people pumping it for 100+ shares and then just selling out, crashing the price, and generally not actually helping DVC in the long term. This is also my fear. EDIT: of course though once there are enough writers, no one writer will have a huge impact on the generation share value, as there will just be too many people writing, I anticipate this will be in roughly six months from my rough intuitive projections. Highly scientific |
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I didn't see it there - thanks for posting this |
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Cryptonit are actively working on the bugs, and they do help if you have a problem. A+++ for getting an FC exchange out there, and being a stand up operation I say.
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I think a limit of 20 or 30 shares per month for writing isn't a bad idea - but I don't think there should be any other limits except this. Some people are no doubt sitting on many, many thousands of words of work and if one person uploads it all to Devtome in one month it could cause a crash of sorts and share value will plummet. The smart thing for anyone to do is space out their work and not add more than 50 000 words in one month anyway - but I don't think all people can be strategic about it in this way.
I think some stability (or more gradual reduction in value over time) of generation share value is actually a good thing and would in the best interests of Devtome, Devcoin, and the writers.
Per month or per round? Because the time to make it through a round can fluctuate based on the hashrate of the network, whereas a month is a static time, so lets say the network slows down and it takes 2 months to make it through a round, there would still be people who could obtain their 60 shares a round which seems to have people bothered right now. Sorry, I mean per round. I mean I felt like my 30 shares was more than enough, and wouldn't try and earn more than that in one round for everyone's sake, I think 100+ going to one person is unfair on everyone else in the Devcoin project who also works hard for their generation shares. But, maybe I will have to do 100 000 words next round to keep up!  I agree that a limit would benefit the community, it would provide a more sustained growth of devtome, rather than extremely large amounts of information being added in spurts. I think this should all wait until next round though, It's like changing the rules of a game half way through the game. Yes of course, if there is support for these ideas I also think we should wait until next round, otherwise it is unfair again on those who have worked hard for their shares this round. I'm thinking in the same terms though; a sustainable system which benefits all of the community for the long term. Of course, this is just my opinion. |
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