Mark, even if you move devcoin's decimal place 3 places over you still only get $.04.  That's 4 cents compared to roughly $1 for Namecoin which used to cost $.001 just around 90 days ago.  So while Namecoin shot up 1,000 fold devcoin I think stayed the same or maybe went down, I'm not sure as I wasn't around back then. 

It has me wondering as well and I think it's 2 main factors.  1) dilution, I don't know how many namecoins are out there but I'm certain it's probably less, much less by even a factor of 1,000 and 2) awareness.  Namecoin shot up when bitcoin went up and for some reason I instinctively went with namecoin as my first choice and devcoin as my second choice.  I'm not even sure why as I did this without any research.  So out of all the coins out there the name itself, Namecoin I think attracted attention when people started reading up on Bitcoin and decided to bet on the next bitcoin 2.0.  It was just dumb luck I think combined with much lower coin count which when demand shot up then the price spiked due to a lower supply.

This is why devcoin I believe needs a facelift, a great new face in a new coin.   I hope this contest you guys have going brings in some really NEW looking coins.  that's key, not just beautiful and interesting and minimalistic but NEW.  That's cause all of this is new and the new coin overall has to tell a story at a glance.  It has to feel like you're looking at the future, a revolution in digital currencies which is what this is. 

I predict in the next 12 months there's gonna be 100 different new digital coins on the market and some of those will be ran like a business by marketing types and some will have wild success even if it will be temporary.  What I'm saying is devcoin's time to be noticed is limited and if devcoin can't stand out when it sits among 5 or 6 other decent coins then who will notice or buy devcoin in a year if I'm right and the new bigger and better exchanges will be filled with over 100 digital coins?  This window of opportunity is closing more and more every day so I hope there's a plan to move devcoin into the next phase of awareness and growth.

I asked this question yesterday but I haven't seen an answer.  does the designer of the winning new coin, the new face of devcoin, does that individual forfeit all rights to that design going forward or is there some flexibility there?  TIA

Your logo is not bad in any way and perhaps it's exactly what the owners of devcoin are looking for.  It's unique in it's own way.  Me personally, I see this digital currency as a new wave of the future, a new era of payments, business, and even a new way of investing with new markets, etc.  So for someone like me, my perception of what a new digital coin should look and feel like is out of this world, global, new and digital.  I'm almost done with my coin design but I'm so bad with photo shop that the last portion which is basically painting the coin is taking me literally tens of hours which is so frustrating.  Hopefully I'll have time to get it done before the contest is over because I'm also trying to keep up with writing as that's the only affordable and feasible way for me right now to earn digital coins.  Well, I've tried mining and it was a dead end and I've bought some but all of these various coins carry a lot of inherent risk so I cannot afford to speculate all of my savings or I should say, the little of what's left of my life savings.

As for your coin, ask the "Hero" guys on here, it's gonna be their votes that count.  And if you get shot down don't give up just try again but next time try emptying your head first and hopefully then your design will be something your eyes have never seen and that's when you know you're on the right track.  good luck, man.

regards,

Vlad

the point of sale hardware is almost all ready, as NFC has been going full throttle for over 3 years now and even most smartphones can now store financial data like crypto coins.  so that's not a problem.  people getting coins is the hard part.  and most americans will not wire money to Poland to vircurex when they read they were hacked and taken down twice in less than 2 months.  so how will they get their coins.  if mining is not possible then ok, I didn't realize that.  perhaps a better hardware solution will come up like butterfly labs or maybe that phase is all over with and people will have to wait for coinbase to start selling and trading coins and at that point americans will definitely buy coins like they do stocks, there's millions of speculative stock buyers in the US and it would only take a fraction of them to add digitial coins to their portfolios to move all coins up fast.  but for that you need a credible exchange and one doesn't exist, not good enough to handle that kind of volume and to not get hacked or crashed.  but the $5 million coinbase got just in the last week will make a huge difference in 6 months.  I opened an account and in under 10 minutes I was all hooked up with my checking account online and a free app which generates a new key code every 20 seconds.  nobody offers anything like that.  coinbase will definitely be the first top, big and premier tier one digital exchange so I can't wait for them to be really up and running trading every coin out there.  So I'm sad to hear the mining possibility is over cause that was the best and easiest way to get one's coins in the hands of the masses.  But that's ok cause that was just the first phase from a business standpoint.   Thanks for the correction, I'm still learning and there's a lot I don't know from a tech point of view.

One last question.

If your coin is the winner, do you as the creator of the coin lose all rights to it?  I for one would feel real physical pain to give up all the rights.  I would like to keep just a token percentage, like 1%, just 1% ownership in the actual coin itself would be plenty to me.  I think back to people who sold amazing logos for nothing and never thought to keep something small just as a token of their creativity.  Like the Nike Logo Phil knight bought from one of his accounting students at PSU, for something like $5.  What was that guy thinking, did he need that $5 that badly.  Why not say, ok, $5, but Ill always wanna be attached to it by just a small tiny token 1%.  that's neither greedy nor unfair to ask for 1% ownership in the coin itself.  

It's cool man but nothing that makes my jaw drop or makes me feel like, YEAH, YEAH, THAT'S IT.   sorry, it kind of looks like a toy.  No offense, the Euro looked like toy money when I first saw it.  And it's not up to me, it's up to the guys that own devcoin.  I have 2 variations of the coin I'm working on and I'm trying to make them both look truly unique from anything else I've seen but I'm down to the CGI part, the coloring and designing the surface part where it takes real talent or photoshop talent and I've got neither.  It took me a full night, 12 straight hours just to put together the drawings of the shape and rought look of the coins.  Something like that by a guy who can draw would have been a half hour job.   I can't even focus on writing articles casue I keep thinking about these dang coins which don't even pay out much I just wanna do it cause I really want something different and unique and not another Bitcoin copy cat logo which is what most digital coins out there are.  As a new buyer, when I was trying to pick the next big coin the main thing I looked at was the design cause the design of the coin also tells you about the kind of creativity and imagination of the guys running that coin and so you can really pick a winner just by how a product, or in this case, a coin looks cause it speaks volumes about the minds behind the whole thing.  And that coin looks like a coin that should be used on either krypton or the planet the green lantern is from but definitely not earth and it's too much like the dollar.  I think the idea should be NEW.  totally NEW, the only resemblance it should have to money is just enough so people can recognize it as an actual coin but that's it.  Good luck.


That's it, I'm really going to bed now.

This post is for guys like MarkM, UnthinkingBit, FuzzyBear, and anyone else who's a real programmer or natural with programming.  

I was on vacation back home in Eastern Europe a few months ago and sitting there in a café I met this young kid, maybe 18 years old.  Never went to school for programming, just a few high school courses and he and his friends were telling me how he hacked into a major US govt institution - it was either NASA or the Pentagon but something big.  I was amazed at the talent this kid had just out of nowhere but he did nothing with it.  And now, cause he had a "file" the way it's called over there he's not allowed to go to college since all colleges are still state  owned.  So this poor ultra talented kid will never see his talents come to fruition.  So what happened was the feds finally found him but google supposedly bailed him out, paid the feds roughly $360,000 which is what it cost them to investigate him and also kept him out of prison.   So now he works for google for something like $500 per month and let's face it how good can this kid get if he can't ever go to college.  

I'm getting to my point and I wanna hurry cause I've been up all night trying to finish a piece but I keep reading these posts and can't help but respond.  My dad (and our whole family) was an immigrant and he came to America hungry, in every way you can imagine.  lol.  So he worked hard and worked his way up and went to college and became an electronics engineer.  But what my dad lacked and in going to school I noticed this poor trait to be present in engineers, programmers, economists (like me) and basically anyone really good at math and science - and that is a lack of common sense.  If you notice the guy running engineering teams is usually not en engineer, that's what ive seen and the CEO's of many tech companies are not engineers, and that's because these marketing types of people who are coincidentally bad at math and science have common sense and they know what needs to be done with the genius things smart, math and computer smart people build.  

The Woz would have played on his little computer he invented until now if it were not for Jobs who was not a math and science guy.  I truly wish I were a programmer cause I can see what's going on and I can see what's coming (it's as clear as day in my mind) but I can't program and all you guys, who I have to assume are talented and very good programmers, like that genius kid in Romania, have created an entire new industry but you don't know what to do with it.  Imagine the Woz creating a computer but making it so difficult to use that even if it was free nobody would want it.

That's what digital coins are.  The entire planet will soon find out about them and will want them but there's no way to get them cause mining now requires very expensive hardware but that's not the problem, 10% of Americans would spend the money, I did and I'm not even working right now, but the software, that's the real problem, it's so difficult with all the varioius pools and all the various mining programs to get the right one and it never works until you mess with it for days and most people just aren't good enough with computers or software to do that.  So then the only thing left is to buy coins on the exhanges.  problem with that is americans are scared people - they don't like risk.  most would never buy off an exchange like vircurex that's been attacked and down twice in 45 days.  And most americans won't buy coins until they feel it's safe.  

So why don't a few of you smart guys who are obviously good programmers write some code for mining programs that will work with any PC or at least a higher end PC.  It can't be harder than hacking into NASA or the pentagon.  laborsome, perhaps, but not more difficult.  I guarantee you the flood gates will open and people will easily pay $50 for a download they can trust or a disk with a software that makes mining easy.  and once you do that you have done 2 HUGE things:  a) you have brought digital coins to the masses for free (while making a killing off selling a $50 DVD) and b) you will make yourselves crazy rich cause as 5 million or 10 million mine your coins that will make them more rare and as more people mine them successfully they will brag about it and it will catch fire and this will lead to a massive explosion in mass acceptance as well as the price in many of the coins being mined.

Cause I really don't understand, you guys have a product and you want everyone to get a piece of it because that kind of popularity will lead to mass acceptance but when a normal person off the street tries to find these coins, any coins, in just a few days they find out that's it's practically impossible.  If you guys are real programmers and it seems that you are and good ones at that why in the world don't you have a download somewhere on this site for a miner which downloads devcoins?  A simple download where any computer illiterate guy can just push a button and that's it.  Why not make devcoin the first easily mined coin cause right now there is no such thing.  you guys might think it's easy but in the real world in every job I've had I was considered computer literate and quite often I was the guy in charge of training the other teams on new proprietary software because I leanred it the quickest and let me tell you, it's been a month and this stuff is still confusing to me and out of all the coins I tried to mine I was only able to mine litecoin which was a failure.

Devcoin's problem from a business standpoint is that it has too many coins and this kills the value and this is only going to get worse.  How long would it take to write a program for an easy to use miner and just put it out there.  once it gets popular you can even charge for it.  The more people own devcoins the less devcoins are floating around, and the more popular they become the more people talk about them and it becomes a self propagating system where it sustains itself and once that happens the price of devcoins has only one way to go:  up.  how much higher depends on the speed and traction it gains and I personally think it's gonna be fast and furious.  

Listen, this thing is now out and it cannot be stopped.  All the powers that be want digital money to work, including, especially the govt.  privacy groups can fight it but it's inevitable and eventually someone is gonna make it easy cause the market is there and the people, once they realize this is a real thing, will want and will look for an easy solution.  So why not be the first guys to offer that easy download for devcoins.  Here, you want free money, here's the program to do it.  Nothing like this has ever existed - there's no such business model where you literally give away a free product and everybody gets rich.  It's so good that it's crazy but that's what happened with bitcoin.  But bitcoin had very few shares and they got lucky with a few people with money wanting the coins at the same time and once the price spiked the media picked up on it and started reporting which just fed the frenzy.  

So how hard would it be to write a mining program for anyone to use?  How hard would it be to let 5, 10 million people mine a few thousand devcoins on their computers, to let them feel like they're working for those coins so they can value them more than if you just gave them away.  Do that and the excess supply of devcoins on the market will dry up and the price will spike - it's simple supply and demand and then you won't have to dilute the living daylights out of devcoin to help developers, you'll be able to help many more people with many less shares.  This entire digital money idea is about empowering people, well that's impossible if there's a huge obstacle in the way called crazy complex software and pitfalls (viruses) so if there's a way to make it easy for everyone then that's the way to do it - do that and devcoin will be a whole different animal in just 6 months.

I have nothing to gain from this cause I'm just now starting to gain and buy some coins (so for me, personally, all this would be better to start in a few months so I have time to buy and accumulate more devcoins)  but I would still love to see this thing take off like a rocket and if that happens many other coins will follow.  This is only the beginning, I expect to see hundreds of digital currencies as more top end developers see the true potential and I gurantee some of those guys will have a business/marketing guy on the team who will naturally wanna make it easy for the masses in order to make their currency the mass defacto, the standard currency for the masses as bitcoin can't do it since there's not nearly enough coins to go around.  Nobody seems to be seeing the big picture.  Digital Money will be for the masses, one way or another, this is too good for too many governments and billion dollar corporations to ever go back to sleep and pretend it never happened.   I hope this can be done cause it would put devcoin well ahead of all the other currencies where their founders are just waiting, waiting for the market to come to them when the market is full of illiterates....computer illiterates that is and they simply can't do it even if they wanted to.  From what I've seen in stocks over the past 20 years in the stock market and from what I'm seeing on the economic and socio-political stage, digital money is maximum 1 year, maybe 2 from mass adoption which means it all has to start in a big way very very soon.   Devcoin can be that first big coin for the masses - just make it easy to get to, easy to mine until real and trustworthy exchanges like coinbase are up and running which shouldn't take more than 1 year either.  Everthing points to the same timeframe - 1 to 2 years for mass adoption.  

I'm exhausted so I'm going to bed, hopefully I can finish my paper tomorrow.  Good luck to everyone and good luck to devcoin (dCoin) regardless of what happens.


regards,

Vlad

I truly wish I knew how to mine the way you're making it sound so easy to do.  I signed up with a pool site cause I was told that would be much easier.  it's give-me-ltc and they say it's one of the best pool mining sites.  well, it's worthless even with  new dual GPU $1700 computer.  So if anybody knows of an easier way to mine any coin, really - any type of coin and especially if one can use CPU instead of GPU that would be amazing especially if the mining software would be user friendly for like a normal human being cause it seems most people on here just assume everyone on the planet knows what's happening right now with coin mining.  It's a complete mistery and the people I've told to mine take one look at it and they get so confused they just give up.   I'm glad I didn't give up - after 30 days and losing lots of cash on a useless computer at least I found a way now to earn devcoins.  Had I given up back then I wouldn't even have this much, plus what I paid for as far as buying a few various coins on vircurex which isn't much. 

Somebody out there (ie butterfly labs) is gonna get very rich by making it easy to mine.  But it doesn't have to be a complete solution - I would pay $50 for a software download that would easily allow me to mine a number of various coins easily and without the hassle it now is.  Millions of Americans would pay that kind of money just for the cjance at mining coins and this window of opportunity won't stay open for long cause just like bitcoins, once too many people start looking for the same thing it then becomes nearly impossible to find.  So here I am, writing papers in the middle of the night cause it's easier than mining for me, at least until butterfly labs comes through or somebody writes a user friendly program and makes millions selling it.

I wish so much I had gone to programming school instead of economics - good banking jobs are so hard to find while as a programmer you can now create your own planet if your talent matches your skills.  Daring new world we're living in - it's gonna turn a lot of things upside down and create massive new wealth until uncle sam takes it all over and makes it theirs. 

lol, you mean that long-ish post above?  I got a little carried away which is hard not to do when talking about anything digital cash.


but that post can't be more than 500 words, and although I could use all the help I could get that's just not that much coin-wise.  And I try to write stuff that will propagate the devcoin agenda.  It has to be stuff that is at least interesting in nature, writings which people wanna read or are at the very least informative and if at all possible in my mind at least, they should be about digital coins and or devcoins.

I went through the list of articles posted on devtome and I think the rules are just too laxed.  I mean there's stuff on there that has nothing to do with anything related to anything in this universe - complete nothingness.  lol, I know that's not possible but my point is there's too much nothing being written and I don't wanna add to that for the sake of racking up numbers for coins.

Right now I'm writing a paper about my childhood - I almost didn't do it cause it's not about money, economics or coins but the more I thought about it the more I realized that my childhood is truly unique to anyone who was born and raised in America so that would at least make t interesting and I think that's the idea, trying to get people to read this stuff or else what's the point.

but thanks anyway....appreciate it.  good luck to you.

There's too many coins to do deep research on all of them but so far, while reading up on various coins such as namecoin, bitcoin and devcoin, I haven't heard positive things about 2 coins:  feathercoin and freicoin.  Wait, I have to throw in china coin and Russia coin but the latter two are self explanatory:  hacks, hackers, scams and frauds come out en masse from those 2 countries.

But it sounds like you're all for feathercoin so if you could, in a short-ish post, tell me what you like about it, its positive attributes, its negative characteristics, who the owner(s) is/are, what's their goal (if they have one), what's their scope (if there is one) how many coins are allotted every month, until what date, what's the maximum total at the end of its life cycle, etc.

Thanks, I appreciate it.

MarkM,

Thanks so much for the insight.  Most of the coins you mentioned at the bottom of your post I've never heard of.  I'm an econ guy so all this software stuff confuses me.  Which coins can still be mined easily with a CPU?  and where do I get the miner but oh please, let it be an easy miner to use. 

I think the day will come (6-12) months when millions of people will start mining but right now you have to be very computer literate which I thought I was until I tried mining conis about 30 days ago.  I even bought a new computer and then took it back cause I was only able to do half of 1 litecoin for every 24 hours with dual 7850 ATI cards which was a joke. 

I don't care which coins I mine, I think they'll all go up eventually but I cannot find them and I cannot seem to get the miners to work for any of them except bitcoin (which is a lost cause) and litecoin which is also too late for that.  I don' t even know how to mine devcoin which I'll gladly do for 10% but can't seem to get the software working and the difficulty is so high and I have no idea why if nobody is mining for them.

I really can't believe unthinkingbit is the founder of devcoin - how in the world did I manage to bomb that guy out of everyone out here?  I'm so new at this and I had such a hard time posting my articles that the entire weekend I bombed him with so many ridiculous questions.  It was like a kid asking how to use the toilet but to me this is all new and pretty complicated. 

So if you guys wanna bring in the masses you first need to program an easy one-button push miner that works on most PC's.  Most people give up after not getting anywhere after a day or two.  I kept going and trying and I finally got my computer to mine litecoins but it was very difficult software wise.  there's just so much to it, the learning curve is too steep for 99% of the population.

Butterfly Labs may fix that with their rigs if they ever ship and I ordered 2 5GH ones but they only mine bitcoin which makes me sad cause I wanna go after every other coin nobody wants.

I see this is a once in a lifetime opportunity but I'm breaking my wallet and my mind trying to get coins and it's next to impossible.

Finally, unthinkingbit must have a long-term plan for devcoin cause out of all the coins this was my second pick over all from the beginning before I knew anything.  My 2nd pick to make it - long-term.  It was all intuition, something I've proved to be good at but not always correct.  My first pick was namecoin but by the time I got around to reading and buying a high end computer namecoin went up 1,000 fold.  it's now too late for that coin too so now I'm' on to my 2nd choice. 

There's something about devcoin that really peaks my interest but I can't put my finger on it.  One incredibly unique thing is that it is a stock/fiat currency hybrid.  I'm trying to coin a name for it because I think this is truly going to become part of a new thing, a new market.  A fiat currency that for once works for you and not against you (paying interest).  A currency which is invested and perpetuated via a vast and complex net of individuals with various talents and it's only a matter of time before some of those individuals bare fruit and then that fruit is partially distributed amongst the holders of that particular coin, devcoin.  So in this regard devcoin is like a stock but I simply don't see a business plan or a long term plan.

And I don't see any type of binding contract to bind all of the various individuals being paid by devcoin in return for their services whether it's writing, art, design, etc.  And the dilution, there has to be some plan to slow that down because eventually it will dilute devcoin into non-existence and a good reputation is worth its weight in gold.  If devcoin succeeds even on a small scale then you can start devcoin 2.0 cause when it comes to buying currencies the first thing investors look at is the risk of fraud and for that you need someone who has done it before and didn't bail on the stakeholders. 

Very interesting indeed - I hope timing and chance will happen in the next few months for devcoin as I strongly feel this entire alternative market is on a near immediate collision course with destiny and once that happens any and every coin will go up like no stocks have ever done and I watched AOL split 7 times in 1 decade and DELL go up in value 54,000% in 9 years (91-2000) but like namecoin proved, these digital currencies can outoutperfrom any stock in the history of mankind and it's only a matter of time before money managers and the public at large realize it and then the buying will ensue en masse and the good news for the early risk taking visionaries is that we're already in (I don't plan to sell a single coin until what I believe will happen actually happens) and the masses will simply not find enough coins to go around which will cause serious "irrational exhuberance" which will then create hundreds of new currencies by every developer who wants to get rich overnight, but in the end, just like in the early stages of the auto industry and the dot com era, only a few survive, the ones with a long term plan, the ones with vision, stability and of course, sufficient funding.

I truly hope devcoin will prove me right and be the next coin that really takes off since namecoin has already done so although, incredibly, it did it without ever blasting by $1 by much.  The one saving grace which may turn out to be what saves devcoin in the end, given its constant dilution, is its large userbase - I'm presuming devcoin has thousands or maybe tens of thousands of individuals who hold some devcoins.  If true, that's a feat no other digital coin has accomplished, not even Bitcoin as Bitcoin is too expensive for the majority of the people. 

Man, these long posts take serious time away from my writing.  Besides bying devcoins that's the only other way I can earn them so back to work I go - late night is my only chance to write.

For now I'll do what I can to accumulate devcoins since the other coins either cost too much or I'm not able to figure out the software to mine them.  Thanks for your input and  good luck to you and unthinkingbit.


regards,

Vlad

[/quote]
 0.734.... number you refer to. AFAIK this refers to the proportion of the total you will receive. (in your case = 180m x 0.734, although that doesn;t equate with '10' so assume at least one is a hypothetical).
[/quote]


I stand corrected, I checked again since you pointed out that number would be much too high and yes, it's not .07something but rather a much smaller number .03something.  So you think this number is the % of the 180 Million shares?  That can't be the case cause that would be 3% and that just seems too high.  We'll have to see.

For some reason I thought once the tabulation for round 23 was done the "coinage" went out in a day or two.  I didn't realize it took several weeks until the block reaches a certain point.  It's good to know either way so thank you, but I was looking forward to seeing something pop into my devcoin wallet as if it were magic only different cause magic sucks cause it's fake.

That said, what other coins do you guys feel are worth buying right now, risk-wise?  What about IXcoin, for some reason I like that coin but it's not objective as I've done no research on it so I can't trust my feelings enough to put money on it and what about this new coin, cnCoin, is that chinacoin?  Is it made at foxconn?  lol.   The spread on cncoin is insane, the ask is 10 while the bid is around .00004.  lol.  And what happened to the price of devcoin?  I paid .00041 just 2 weeks ago and now it's almost half that?  I didn't think it was possible for it to go much lower than that but I guess dilution has that effect on stocks so why not fiat currencies.  I really really tried mining and it was just utterly pointless and hopeless, at least with litecoin.  But I also don't want to put too much hard earned money in very speculative coins in case my thesis is wrong and this all implodes sooner than later, which of course, I don't think will happen and on the contrary, we should see a massive swing of the population pendulum swing in our favor of popularity and awareness and like all pendulums, this one also will swing too far the other way and drive prices into an unbelievable stratospheric realm of disbelief.

Does anybody here know the long term plan of the makers/owners of devcoin?  Well, who are they, does anybody know or are they anonymous like Bitcoin?  Reason I'm asking is it would be nice if and what the long-term plan is because it's very kamikaze and American-like to keep printing new coins at the rate of 180 million per round.  I understand the scope and goal of helping others such as developers but it would  be more efficient to raise awareness and raise the price of the coin so that you don't have to sell as many dilutive coins every month.  Just a ten cent price would do miracles for devcoin as far as not having to release as many coins every month.  Cause at this rate in just another year or two devcoin will literally have no more value - there's only so many zeros one can place behind the dot (.) and still be perceived as valuable.  There must be a way - a way to raise awareness to keep the dilution of devcoin down to a minimum.   I'm doing my share, I tell everyone about it and I've already bought some and I placed an order to buy more today but not enough people out there know about it and that's what's needed. 

Perhaps a new thread needs to be started with the purpose of brainstorming feasible ideas to help raise awareness of devcoin.  I think we have enough smart and imaginative people here that we would get some decent ideas and maybe, just maybe one will be the one that will change everything.  But first devcoin does need a really cool and unique coin and logo.  No limits as the new devcoin doesn't have to be carried in a pocket - it's all digital so when one thinks of and designs the new devcoin let your imagination be limitless.  No, the limitless pill has not yet been developed, it was just a movie gimmick.

I installed a devcoin wallet a few days ago using the links from devtome and at the top of my wallet window is the Bitcoin logo not a devcoin logo.  I was told this is ok since it's the old "client".  So I have 2 questions.

1) when I install the new client, the new devcoin wallet will I lose any of the devcoins in my current wallet?

2) Nobody sent me any wallet.dat file for my address after I installed devcoin, is this something I still need to do?  To test out my devcoin wallet I sent 100 devcoins from vircurex to my PC wallet at home and it worked so I would think that means i'm good to go and don't need anything else except maybe to install the new updated devcoin wallet. 

But I will not do that until I get my coins from round 23 as I'm worried I may be messing things up just as the coins are trying to transfer and then they'll forever disappear into some unkown cyber universe. 

Can anybody clarify any of this?  Do I still need the wallet.dat file?  For example, a friend who has the latest wallet can encrypt his wallet while my older version doesn't have that option which I would like to have.  And can I lose my coins in this older wallet when I download and install the newer wallet?  If so I may just transfer all my devcoins to vircurex until I get my PC up to date and then re-transfer them back. Thanks for any advice.

I'm new here but I think I read somewhere it had to be 1,000 "weighted" words or quality words.  I don't think they Python program counts words like to, at, the, etc.  Just my 2 cents as I'm not really sure.  I wrote well over 1,000 words just to make sure and because once I start talking about anything digital coins I can't stop.  3 nights ago I started writing at around 9 PM thinking I was gonna write a couple hours and go to bed but at 7am I was just getting started on my conclusion.  lol.  My wife ain't too happy about it casue she thinks this is like some kind of video game where I'll never get paid anything so I can't wait to see those devcoins hit my account to show her It's not all for nothing.

But do check with unthinkingbit, he's got the best response time I've seen.   Good luck.

ViCurEx.com is trading dvc right now, I'm certain as I already purchased some, and I'm logged in as we speak looking to add some more devcoins and maybe IXcoins.  Any and all, please advise as to which are your top 3 favorite coins to buy and why.  Mine are Devcoin Devcoin, Litecoin, and IXcoin - in that order.  The explanation to the why would probably take a few pages so I'll perhaps write an article about it, but the similarities between stocks and these digital currencies are greater than the similarities they share with other fiat currencies, like the dollar which is very strange and unique and when it comes to investments and completely new markets which is what we have here, that is a very, very unique and great quality.

At any rate...

And to verify my devcoin wallet works I transferred 100 dvc into my home laptop devcoin wallet and I'm seeing 100 but also '3/unconfirmed", now it says "15 confirmations +100 so I think it worked but why are there 15 confirmations and how do I get any and all my coins off this laptop an onto a cold drive or a USB drive?  I only did 1 simple transfer of 100 coins which also cost me 100 coins as a fee (from Vircurex), lol.  I guess cash-wise that's dirt cheap and instant compared to banks.

Also, has anybody here received their round 23 devcoins?  I haven't so I'm trying to see if I've got everything set up right, which is why I tested it out with my vircurex coins.  What's amazing man this stuff is instant, better than anything banks can do.  Add that to one more reason this thing is gonna start a crypto revolution.  When I transfer money to buy coins it takes 3 days.  It's as if these banks have to do pony delivery.  Of course everyone knows they're sitting on your money and when it comes to hundreds of billions sitting in bonds and other fixed income instruments that 3 days is free money for the banksters, a lot of free money.


But seriously try vircurex.  I know they were down twice now since I've come onboard, 30-45 days, but they're supposed to be the best and they are fast and courteous.

One more exchange you should consider is Coinbase as they just got a $5 Million cash backing from a top VC.  I opened an account with them and man, it was so simple and streamlined and they give you a free app  with creates a new login credential every 20 seconds.  Vircurex offers something similar but you have to buy the yobekey which I just did, so now I have to set it up and not lose it.  Ha.

Additionally, regarding Coinbase, as of a few days ago when I signed up they only traded Bitcoin and those are too expensive for me but with the $5 mil they just got I expect them to become the top tier, number 1 currency exchange in the next 6 months.  Another nice thing Coinbase offers is you can link your banking account with them so you can then transfer cash via their ECH offer instead of going through AurumXchange and buying a voucher but first having to pay $60 in wiring fees to wire them the money for the voucher and then transfer the voucher to Vircurex, etc.  By the time that's all done you're out $60 just for the wiring fees ($50 for the banksters and $10 for Vircurex) and you lose nearly a week and the way these digital coins can move that 1 week can cost you a massive amount in potential profits.  My personal theory is:  open up various accounts with the top 2 or 3 exchanges and spread out the risk between all of them - dilute the potential risk from hackers or sheer incompetence.  

Hope this helps anyone looking at signing up with an exchange.  I've been active in the stock market 20 years and I gotta say, there's quite a learning curve at this poing with digital currencies.  I predict someone will come along and streamline the entire process, especially the mining part, and make millions in the process.   That's cause I'm considered in the higher end of computer literacy where I've worked in the past and in my family and the last 30 days have been incredibily difficult.  The good thing about that is competition will be limited for a while longer so mine, buy and earn all the various coins you can while the getting is good cause once this entire new market is first, discovered by the mass market, you can expect an influx of humans en masse, as they all make a run for their chance at getting money for nothing ("and chicks for free").  I personally expect this inflection point to happen in the next 12 months and quite possibly as early as in the next 6 months.  Butterfly Labs, if it's the real deal will be the first mover in creating this revolution I wrote about in my first article.  Congrats and good luck to all you visionaries who have found or, like myself, accidentally stumbled on the most amazing thing since the dot com era only this market, the digital coin market, will move and mature much more quickly than anything before it.  There at too many powerful entities which have much to gain from digital money while doing away with the old, archaic and personalized paper money which in their minds is too cumbersome, inneficient (paying a nickel to make a penny, 12 cents to make a 5 cent nickel, billions in transportation costs, etc) and let's face it, allots we the citizens with much too much freedom to pay anyone we choose "under the table", stash our cash under our mattresses (do people still do that? ha!), paying our overdue taxes when we're able to or feel like it, etc.  The government is an animal which will always seek total domination and it appears the separation of powers is losing its effectiveness via directive orders and the too powerful subjective conclusion which can be made by the very few men and women in the US supreme court.

Finally, don't go selling your devcoins cause their value is so low.   Like stocks and other fiat currencies one must look at other attributes and characteristics of devcoin.  Keeping in mind the Euro is not backed by anyone and no central bank (the the dollar is backed by gold and the Fed) one has to wonder why the euro is worth more than the dollar.  It's all about perception - people buy where they believe there is or will be value.  And the biggest this devcoin has going for it is that it has the widest ownership base.  That not only lends it credibility but also stability.  The only reason devcoin is probably the if not one of the cheapest digital coins out there right now is the perception that so much regular dilution will eventually drive the value to zero.  Although I would agree that this type of dilution cannot go on forever -   I also recognize that the current float or coins outstanding is not extraordinary when compared to many successful stocks and other fiat currencies.  Off the top of my head I don't know how many devcoins exist, in total, today but I would venture a guess of approximately 4 maybe 5 billion.  That is a lot compared to 21 total (in 2140) for Bitoin or 84 total for Litecoin, etc., but please look at Microsoft who has over 8 billion shares and yet it's trading at $33 per share.  Or the US dollar which off the top of my head I'd venture a guess that there are currently over $30 trillion floating around and who knows how many more trillions have gone out the back door, unless you think the Fed and congress tell us every move they make and when they make it.  On top of being so widely held, devcoin is the only coin I know of that is trying to behave like a stock, trying to earn revenues which then will share with its share/coin holders.  This is truly unique and I think once more people are aware of this as well as digital currencies in general there will definitely be a mad rush to mine and buy every digital coin there is because most coins out there have a very limited number of coins available it wouldn't take a lot of incremental awareness to create enough demand for alternative digital coins which will result in all boats rising, all coins going much much higher than anyone here imagines.  I remember buying some cheap worthless dot com stocks when I was just out of high school and I made a 10 fold on them, but didn't have the experience to sell in time, but I still made a lot of money (relatively, for a kid making $6 per hour) but since I had never seen anything like that before, to be able to make money on nearly any dot com stock you bought regardless of that asset's real value or credibility, simply because the entire world and all the rich mutual and hedge funds were chasing the only few hundred dot com stocks there was now too much demand and too few internet stocks to buy which cause a massive bubble.  To put things in perspective, right now there are less digitial coins by at least a factor of 1,000 which means if even a handful of the population, 5-10% or a handful of hedge funds wanted to speculate in digital currencies, a digital currency bubble would inflate incredibly fast and it will go much higher than the true, real potential of each currency.

That said, the time to buy and to hold any and all currencies you have is now - it may be risky but from an Economist's point of view with a lot of personal stock market experience I absolutely see digital coins as a new market that will change investing and change many aspects of how we conduct business in general.  Everybody here should consider yourselves extremely fortunate to have been in the right place at the right time - but timing and chance do not make decisions for you, it is up to each individual to make their own investment choices and for that I recommend doing your own Due Diligence and don't be led by fear, put fear and greed aside and then make an objective decision regarding these gold nuggets lying in a river stream with 99% of the people around you being oblivious to the fact.

Ok, I got a little carried away, that was supposed to be a 3 sentence response to help with finding a good exchange based on my personal experience and DD.  This is how excited I am about Devcoin and digital currencies in general - I can't stop talking about them to everyone I meet and 99% of the people I meet are 100% clueless.  The above points are important to anyone looking to invest in digital coins and there's more to it but I felt I was overdoing it for what belongs on a thread so perhaps I'll just write an article on the current exchanges and most of all what, why and how can these unknown digital currencies go mainstream and make many more millionaires overnight, just like it already happened with Bitcoin, as most [population] now are still sleeping, calling the Bitcoin phenomena a mere fluke or a scam.

Thank God for learning curves (and masses with small minds who have lost most if not all their imagination and thus cannot believe or imagine something to be true until you provide exorbitant proof and it's that kind of certainty, in investments, which ends up costing you lots of money because you waiting much too long to get in) - it's buying everyone here a few extra months while regular people who can't or don't have the time to figure out how all this works give up and await the soon to come streamlined and easy way to mine and buy any digital coin of your liking.  And that brings one other important factor to mind regarding Devcoin.  Devcoin needs a unique and beautiful coin since people do fall in love with their eyes, men especially, and that would go a long way when new entrants try to decide which coin to buy.  I'm personally working on designing a new devcoin but I can't draw at all so it's been very difficult but so far I have 2 coins about 50% completed (If I knew photoshop the remainder would be the easy part) and I advise anyone with any artistic talent to try and create something totally new, not just another bitcoin copy cat as there is nothing truly unique about Bitcoin's coin anyway.  Remember, it's digital, there's no concerns about practicality or supply and logistics.  

Finally, can a few guys on here chime in on whether or not you have received your dCoins (my favorite way of calling Devcoins) distribution from round 23, because I have not and I'm not certain my wallet is setup properly even though I did follow the instructions?   Thanks in advance.

I hate to do this because it makes me feel like a panhandler but hey, finding a good job has been much harder than I ever expected so in a sense maybe I'm not far from becoming the guy with the sign:  "Will Work for Coins".  But seriously, to keep in-sync with what most here seem to be doing, here are my wallets, I have a few others but they're at vircurex so I'm reluctant to give those out.  AT any rate, here are my two donation wallets.  Man, it just feels crappy even thinking that, but regardless here they are:

 "Shameless TIP Jar" for devcoins: 12KvDbW9nUdymE9tUyjMjC5UdqmBipanQH
  
"Shameless TIP Jar" for Litecoins: (Yes, you must already be a millionaire to mine Litecoins as a $1700 dual GPU computer proved futile): LRLVkWEvLToRnh4qKc6vJYjFTH1sbff913

Thank you! to all the guys on here who have helped me so much over the last couple weeks but especially over the last 3 days - Unthinkingbit was especially and incredibly helpful and patient with my barrage of newbie questions, always replying with a lightning quick response - the kind of customer service you can only dream of in the real world.  

Good luck to everyone on here and let's hope that even half of my optimism and predictions come true as that would mean we are all about to embark on a truly once in a lifetime opportunity.

Best wishes and regards,

Vlad

one final question (again).

In the distribution matrix toward the end columns there's a proportion number.  mine was .07343338, I made up the last few decimal places cause they don't really matter.  Point is I had only .07 while others had much higher proportion numbers.  what is this for and how does one raise their proportion numbers?  I work really hard writing this stuff and now trying to do some designing which sometimes keeps me up entire nights, and I wanna make sure I everything possible to increase my odds to do the best I can.

Once again thanks for the knowledge, brohims.  take care.

regards,

Paul

I have a question for the pros on here.

once a person receives their coins on their laptop at home let's say (BTW, has everyone or any received their coins from round 23 yet, I'm asking cause I have not but my laptop wasn't plugged in all day constantly, and also, how many shares and coins do you get for that last number in the last column in your row?  Say you had a number of 10 in that farthest right column in the row with your name, what share and what amount of actual devcoin are you looking at getting, and how do you know all of your submitted work was included since I turned one big one at 5:55pm which was very late and could have easily missed the deadline) is there any way to transfer your wallet to something like a flash card or a USB stick for safekeeping?  I'm worried about hackers.  I had every coin I bought, which weren't many as I'm not currently employed, sitting in vircurex when it got hacked a few days ago and since they're in Poland and probably with very shallow pockets I doubt you can sue them and recoup anything.  So I'd rather store my coins on a cold drive, preferably a cold USB drive.  Thanks in advance.

Any suggestions would be appreciated.

One final thing, since I'm not currently employed and I believe in this thing so much and my first choice was Namecoin (after bitcoin blew up and was too late) but my second favorite was and still is devcoin, and now [devcoin] is my number 1 choice since namecoin has already made millionaires out of any early comer.  In my opinion it's only a matter of time, a ticking timebomb before the rest of the digital coins blow up - there will simply not be enough supply to go around for the demand that will be created overnight.

That said, some of you developers, artists, writers, etc may use the devcoin coins you earn as regular income and dump them as soon as you get them but I plan to sell not a single coin.  I firmly and wholeheartedly believe in this thing and it should go much much higher once America really knows what's going on (For an explanation and my theory read my article on devtome titled:  The Coming Cyrpto [currency] Revolution), this should get much bigger and much sooner than anyone expects, even myself and I'm a real optimist about this entire new market and industry so collect and hold on to all the coins you get, don't sell any of them if you can get by any other way. 

That said, can any long timers or admnisitrators here tell me what's the best path to becoming an admin, since I do have spare time right now, and then what the required time is expected to be to focus on questions, issues, etc on a daily basis.  I really want to be a part of this and like the janitors early on at MSFT who insisted they be paid in shares instead of cash I too would have no problem getting my paychecks in Devcoins.  thanks again every one.


Good luck to everyone!

Avalon!  Who makes those?

From everything I've read over the last 30 days the best GPU are from ATI, for mining of course.

Now of you can get ASIC chips and make them work that she best there is for mining applications but only if you have a team of hardware and software engineers can you accomplish that.  I wish I was programmer cause I'd go crazy right now.  This is the gold rush of the 1700's and just like then people are blind or need proof.  By the time proof comes the 3rd and 4th bitcoin booms will come and go and then it will be infinitely hard to mine a single coin.  I had to buy my coins cause I couldn't find a good enough rig that works. Sad, cause I put $1700 just in that one computer and for litecoins which are easier to mine it wasn't good enough and for bitcoins it would have been even worse.

On a funny note, we should start a thread on how long it takes the govt to charge a license fee to mine for coins?  lol, those rats in suits won't stop at anything when it comes to tax us all every chance they get.  I give them 6-12 months and then you'll have to pay a licensng fee and maybe taxes on any and all coins you find.  Unlike real money or good you can hide in your pocket with digital coins you can't hide it anywhere. 

And the latter is the biggest reason the govt is 100% backing digital cash, bank on it.  This is a big reason digital money will make it big and for a short while all coins will go up greatly in value.  The smart thing is knowing when that happens when to get out, cause eventually the govt will choose one and make the rest illegal as a matter of national security and in the name of undisrupted and a uniform and streamlined market.

Good luck to everyone!

Oh, on the marketing thing.  If a few people could give just a few real examples and how much they are supposedly worth. That way I get a rough and real idea so I can better prioritize my time efficiently.

For example I'm gonna try to publish an article on seeking alpha. That won't be easy cause these aren't stocks here but I'll try. But if I manage to publish on SA the article will probably go to 25,000 live and active stock investors.  I imagine those are prime candidates for any currency as stock investors often speculate and that would be wise in this case.

But I have no idea how much something like that would be worth.  I'm definitely still gonna try regardless but it's nice to know what to expect.  If anybody has any idea or can give some real examples I'd appreciate it a lot.  Thanks.

Much appreciated.

One more question.  What's marketing pay?  It said things like 2/5 or 10/5.  So what or how much is 5/5? That's 1, but 1 of what? 1 share?

And I've read the link about ads but I'm confused. What exactly has anyone done and gotten a reward for it and how much? It's difficult to figure out for me but I wanna help anyway I can.

Any clarification with some examples would be really appreciated.  TIA!

Can anybody explain what proportion and payout means? My proportion was low like .07 while other bad way higher. And my payout was over 10 but what does that mean? 10 coins? 10 shares? What's in a share? So confusing?  Please help a newbie out and I'll try to help other newbies out.  TIA

Also, how do you know if all your articles made it through if you were cutting it really close?  I submitted my last at 5:55pm but I don't know what time the python got fan and what time the numbers were all tallied up? 

I still can't believe I'm gonna get coins for something I enjoyed doing it, it's crazy. And I sure don't plants sell a single penny. Word will get out eventually do get all you can.

Anything besides writing that I can do? I'm not very good with my hands, like fixing mechanical stuff, and I'm
Not good at programming or else I'd love to write code and help mane this thing take off.

I'm no graphics designer but I spent a good 6 hours working on a new coin today, something more fitting for dCoin but I'm not done and I'm actually doing 2, one for home and one global. I don't know CGi so everything is by hand and I'm a terrible drawer but I'm trying. I wish I could show it but its not done yet.

So besides writing and graphics what's left that a regular guy can do? We only have a few months left before this thing goes supernova.