IXCoin is now even more a part of the Galactic Milieu game. It became pretty clear over the years that trying to reply upon "exchanges" to figure out the value per coin was simply not working, as well as leading to repeated losses of the coins and of whatever it was paired up against in such exchanges, often bitcoin. So not only were we losing massive amounts of the coins we were also losing massive amounts of the bitcoins that were intended, by sitting on the buy-side of order-books as buy offers, to uphold the coin's value. So finally the Ixians have gotten their IXC Holdings treasury account to the point where dividing the value of that treasury by the number of IXCoins minted we arrive at a reasonable value per coin. Thus here are the Latest Rates values of many of the Galactic Milieu's coins and assets, expressed in IXCoins at that calculated value of an IXCoin: BBQrate=.00030471 sBCErate=307.29133252 sBCIrate=42.39930981 sBMCrate=44.14316689 sBRFrate=49.23604692 BTCrate=134143.80475552 CDNrate=29.59538964 CLCrate=.02612365 sCMCrate=43.30077957 sCRFrate=886.18735855 CZBrate=.19112782 DVCrate=.00245019 sDVCrate=2001.64768015 FBXrate=.09574774 sGDCrate=2114.09084392 sGFCrate=7542.48545524 sGHCrate=540.69940514 GMCrate=41.25178503 GPLrate=22.79632886 GPL2rate=17.88414918 sGRCrate=2330.29307620 GRFrate=66.19900541 GRPrate=.25927643 sGRPrate=10.62810460 I0Crate=.98363612 IXCrate=1.00000000 LTCrate=898.22691655 MBCrate=56.38118634 NKLrate=1.03327484 NMCrate=9.36726183 SPICErate=23.69461454 TBXrate=.09574774 UFCrate=.02523834 UKBrate=27.88006291 UNSrate=29.41132840 USFrate=.01044340 XGGrate=.05983038 This no longer has anything to do with the pathetically under-valued rates seen lately on such third-party website-style exchanges as I know of. -MarkM- |
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Don't use a third party website mode wallet.
Check Stellar.org, it has links to lots of wallets, including web-type ones so that if you really prefer a browser interface you can run one of the web-style ones yourself and visit it with your browser. (At least that is what I figured they meant. Though I guess theoretically they might just be talking about third party websites, I didn't actually check, sorry.)
There are also ones for desktop and for phones.
I should warn everyone though that the desktop one(s) I tried turn out, like HORIZON also turns out, to have some arbitrary limit to how many open orders (offers) of yours it will display and since cancel button for each offer is beside its listing on that list once you get a few hundred offers, or maybe its a hundred offers, I didn't count exactly how many it supports before it won't display more, you cannot cancel orders placed after that many.
So you might want to make a separate wallet (account) for each trading pair or something like that if you want to do market-making, as the imit is on total orders it seems, not even just orders of that trading-pair like (I think) is the case with HORIZON.
If anyone finds a wallet that does not mind handling thousands of orders please please let me know!
-MarkM-
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4) How many of you have ever sold even one million DeVCoins into play, let alone 144 million Well after looking around I have noticed sell orders on freiexchange but nobody is buying even at 1 satoshi. Frankly by "into play" I meant on a platform that is more a part of the game, at least certainly a platform where they can sell their GMC or GRF to buy the DVC and better a platform where they can trade all the "Big Seven" galactic currencies and the other common currencies such as other merged mined ones (IXC, I0C, CLC, XGG) and hopefully the so called "Sci-Fi themed" coins albeit I have not set up the Klingon Empire Darsek (KED) yet on HORIZON and STELLAR since I myself have none to tokenize. Still, I have so far set up a bunch of them like United Federation Credits (UFC), Gold Pressed Latinum (classic, GPL and newfangled, GPL2), SPICE, Cubits (QBT) and United SciFi coin (USF). We lost massive amounts of BiTCoin (BTC) by trying to include third party exchanges, basically they ran away with all our BTC, that is a huge part of why so many of our coins are so "worthless", all the buy-side BTC got stolen by exchanges or, according to the exchanges, by hackers who hacked the exchanges. So now when I say into play, I mean onto our platforms we actually use in the game, currently HORIZON and STELLAR. -MarkM- |
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How do we buy this coin on Stellar please?Where else to buy some?
Look at http://makemoney.knotwork.com/stellar/dvc/ to see that the asset's name is DVC and the account you need to trust for it is GBHAQ252S4Z4AQOM4BWIRC3UHAOJIKCZQBUJGD336YH2O7W2NKRXMHA5 Once you have created a "trust line" for that asset name as issued by that account, you should be able to go into your trading pairs selection screen or tab or option or whatever your client uses and choose pairs, initially probably XLM/DVC or DVC/XLM (both are the same actual market, it just changes which side is the sell side and which side is the buy side depending on which asset you select as which side of the market). You can also look up other assets similarly, listed at http://makemoney.knotwork.com/stellar/ if you want to trade DVC/IXC, DVC/I0C, DVC/XGG or whatever takes your fancy. And of course you can pick basically any asset you have a trust line for to offer against any other asset you have a trust line for, thus make up whole new markets like DVC versus tht company over there's bitcoin tokens, or against that there other company's bitcoin tokens, or that other other company's U.S. Dollar tokens etcetera etcetera etcetera. Where else includes the HORIZON platform, see https://bitcointalk.org/index.php?topic=2197968.0-MarkM- |
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What's the end game here?What is Devcoin to be used for regards purchasing power??
What was INTENDED to be a major use-case goes like so: 1) Many large intergalactic mining operations are financed in DeVCoin-denominated debt; 2) They typically send shipments ranging from about 5,000,000 DEUterium to about 15,000,000 DEUterium per fleet, sending one to 6 or so fleets at a time, to General Mining Corp or General Retirement Corp depots; 3) They either request that General Mining Corp or General Retirement Funds pay them in DeVCoins, to their debt account care of General Financial Corp (whose loans are denominated in DeVCoins) OR they get paid in GMC by GMC or GRF by GRF and go convert it into DevCoins themselves and pay GFC against their debt using DeVCoins. BECAUSE YOU-LOT kept throwing away all the DeVCoins the above rapidly became UNTENABLE. THE FOLLOWING CALCULATIONS SHOW WHY: 1) Look up the price General Mining Corp and General Retirement Funds pay per 1000 DEUterium on the table at http://galaxies.mygamesonline.org/deuterium.html2) You should see there that up until Sat Aug 24 17:11:35 ADT 2019 DEUterium was worth over 25,000 DeVCoins for 1000 DEUterium, that is, over 25 DeVCoins per DEUterium. (And a heck of a lot more if you look even farther back in time on that table...) 3) It is only now that everyone has Deathstars, able to carry a million units per Deathstar, that they send such small fleets, they used to wait until they could fill up a fleet of 1000 large cargo ships, a total of over 24 million units, basically 25 million units minus the DEUterium burned as fuel on the journey. So it used to be you'd see someone send six fleets of 24 million units of DEUterium per fleet. Things are better now, Deathstars have Gravitics, they burn massively less fuel per unit of cargo than large cargo ships do so folks send a fleet with even as little as four million units of DEUterium sometimes lately. But consider the case of six fleets of 24 million units each, that is 144 million DeVCoins they would need if they were to pay their debt to GFC using DeVCoins. 4) How many of you have ever sold even one million DeVCoins into play, let alone 144 million, so that some mining operation could use it to pay a payment on their debt? Or to put that another way, how much DeVCoin is actually available for GMC or GFC to buy or for mining operations to buy using the GMC or GRF scrip they are paid for their DEUterium by GMC or GRF? If we look at the HZDVC Issuing Account on HORIZON (Account ID NHZ-M3QP-ZXJ2-FCR7-2A4WK), the account that issues HZDVC tokens onto the platform so players can use them you can see it has still in stock, that is to say, un-issued, 99'777'389'030 out of the 100'000'000'000 that it created ahead of time ready to issue as DeVCoins to represent with the tokens come into play. 100'000'000'000 minus the 99'777'389'030 remaining tells us that only 222'610'970 (I am using ' instead of comma since that is what you see in the HORIZON client) HZDVC have actually been issued! Thus, basically it just has not made any sense to figure that miners and/or GMC and GRF are going to be able to actually buy DeVCoins with which to pay their DeVCoin-denominated debts. Therefore GFC basically has had to just use the Latest Rates include-file to look up an "equivalency" in whatever currency people choose to use to pay their debt. Resulting in the loss of a massive amount of potential trading volume on the GMC/DVC and GRF/DVC markets or, in the HORIZON case, on the use of the GMC/HZ or GRF/HZ market to get HZ then the HZ/DVC market to get DVC with the HZ gotten by converting GRF or GRC. So you see, by throwing away your DeVCoins or even just hoarding them, you have for literally years now been cheating yourselves out of a massive volume of potential trading, and allowing all that massive amount of DeVCoin-denominated-debt payment cashflow to be forced to not pass through DeVCoin markets on its way to the lender being paid. TO FIX THIS maybe it would REALLY HELP to have lots of batches of 144,000,000 or so DeVCoins available to buy with HZ on the HORIZON platform, and probably batches of similar size on the GMC/DVC and GRF/DVC markets on the STELLAR platform... -MarkM- P.S. Think farther, too: if we make it so they CAN reasonably use actual DeVCoins to pay their debts, all the owners or shareholders or executives etc of such operations, and really in theory even their employees who see "the big picture", whether they live in a MUD or in a Crossfire-RPG server, have an implicit reason to favour accepting DeVCoin for things normally priced in MGOLD (MUD gold) or AMBerium/Jade/Platinum/Gold coins (Crossfire RPG's currency, though also they have fixed-value diamonds, emeralds, sapphires and Rubies also that can be converted back and forth to and from those coins at their banks.) |
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The asset values info at http://galaxies.mygamesonline.org/digitalisassets.html has been updated. Overall it looks like pretty much everything is up in value. As usual get onto HORIZON and STELLAR promptly to snap up bargains before someone else beats you to it...  -MarkM- |
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Getting our tokens listed on sites that provide windows into STELLAR or HORIZON likely requires negotiation and likely also some kind of requirements we'd have to meet. I expect that they will tend to want there to exist automated gateways for converting real coins on the blockchain back and forth from being tokens on the platform. The problems with that are (1) "Example" free open source code provided to do that part explicitly says it is not fit for production use so I don't and won't use it. (2) The examples I have seen (for Stellar) assume you will issue (mint) tokens as real coins on blockchain are received from customer and de-mint them (return them to issuing account) when you cash them out back to real coins on blockchain. I do not find that an appropriate approach, for one thing it looks too much like the customer is making a deposit. I need to only be giving the customer already-existing tokens not minting and destroying tokens on-demand. That way I can be sure I really do have the coins on blockchain matching each token on the platform ahead of time, and be issuing tokens representing coins that are safe somewhere not freshly arrived from a customer into some kind of hot wallet. Ideally I secure coins in deepfrozen wallets in safety-deposit boxes and/or treasure chests buried on remote treasure islands before issuing tokens representing them, and hope my decendants / heirs-and-assigns never need to go dig them up until ready to stop dealing in that coin so no longer needing any tokens of that coin so finally free to go dig them up. I prefer to turn only half my coins into tokens, so I have half as tokens for use on the platform and the other half available to buy back the tokens with, so that I do not have to risk the coins the tokens represent by moving them on the blockchain making them newly vulnerable to attempts at re-writing blockchain-history. I prefer actually to first add a hard-coded checkpoint into the coin's client before issuing tokens, so that I know the up to date clients will not even accept a blockchain that has tried to go back in history and change the fact that the coins the tokens represent are in the cold storage address they were put in. Also, buying and selling tokens can be a whole different thing legally in some jurisdictions than holding customer deposits. So I don't want them to deposit anything, I want to sell them tokens and buy tokens back from them. Thus having the tokens already exist ready for sale BEFORE the sale helps keep it clear no "depositing" is involved. Even so though some jurisdictions might try to construe the tokens as "securities". Interestingly, from what I have read about Facebook's proposed new currency "Libra", it sounds as if they plan to set it up like these game-currencies, that is to say, by having a "basket" of other currencies whose combined value they use to "back" the currency and to decide how many of the currency to mint, minting only as many Libras as they have value in their treasury to be able to buy them back. Not sure if this is a case of great minds think alike or fools seldom differ.  -MarkM- |
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Maybe so Maybe we can get enough volume going on HORIZON and STELLAR platforms that we can get CoinMarketCap's attention, and maybe get HZ back on their site and maybe some of the tokens too. By the way, the Latest Rates include-file is designed to be useful as an include-file, for example myrates.sh uses it: #!/bin/bash
#
# myrates.sh
#
BC=/usr/bin/bc
#RATESFILE=/usr/local/lib/ot/conversionrates.inc
RATESFILE=conversionrates.inc
MYrate=$1
if [ "x$MYrate" == "x" ]; then
echo "Syntax: myrate.sh rate"
exit 1
fi
. $RATESFILE
echo BBQrate=`echo "scale=8; $BBQrate / $MYrate"|$BC`
echo sBCErate=`echo "scale=8; $sBCErate / $MYrate"|$BC`
echo sBCIrate=`echo "scale=8; $sBCIrate / $MYrate"|$BC`
echo sBMCrate=`echo "scale=8; $sBMCrate / $MYrate"|$BC`
echo sBRFrate=`echo "scale=8; $sBRFrate / $MYrate"|$BC`
echo BTCrate=`echo "scale=8; $BTCrate / $MYrate"|$BC`
echo CDNrate=`echo "scale=8; $CDNrate / $MYrate"|$BC`
echo CLCrate=`echo "scale=8; $CLCrate / $MYrate"|$BC`
echo sCMCrate=`echo "scale=8; $sCMCrate / $MYrate"|$BC`
echo sCRFrate=`echo "scale=8; $sCRFrate / $MYrate"|$BC`
echo CZBrate=`echo "scale=8; $CZBrate / $MYrate"|$BC`
echo DVCrate=`echo "scale=8; $DVCrate / $MYrate"|$BC`
echo sDVCrate=`echo "scale=8; $sDVCrate / $MYrate"|$BC`
echo FBXrate=`echo "scale=8; $FBXrate / $MYrate"|$BC`
echo sGDCrate=`echo "scale=8; $sGDCrate / $MYrate"|$BC`
echo sGFCrate=`echo "scale=8; $sGFCrate / $MYrate"|$BC`
echo sGHCrate=`echo "scale=8; $sGHCrate / $MYrate"|$BC`
echo GMCrate=`echo "scale=8; $GMCrate / $MYrate"|$BC`
echo GPLrate=`echo "scale=8; $GPLrate / $MYrate"|$BC`
echo GPL2rate=`echo "scale=8; $GPL2rate / $MYrate"|$BC`
echo sGRCrate=`echo "scale=8; $sGRCrate / $MYrate"|$BC`
echo GRFrate=`echo "scale=8; $GRFrate / $MYrate"|$BC`
echo GRPrate=`echo "scale=8; $GRPrate / $MYrate"|$BC`
echo sGRPrate=`echo "scale=8; $sGRPrate / $MYrate"|$BC`
echo I0Crate=`echo "scale=8; $I0Crate / $MYrate"|$BC`
echo IXCrate=`echo "scale=8; $IXCrate / $MYrate"|$BC`
echo LTCrate=`echo "scale=8; $LTCrate / $MYrate"|$BC`
echo MBCrate=`echo "scale=8; $MBCrate / $MYrate"|$BC`
echo NKLrate=`echo "scale=8; $NKLrate / $MYrate"|$BC`
echo NMCrate=`echo "scale=8; $NMCrate / $MYrate"|$BC`
echo SPICErate=`echo "scale=8; $SPICErate / $MYrate"|$BC`
echo TBXrate=`echo "scale=8; $TBXrate / $MYrate"|$BC`
echo UFCrate=`echo "scale=8; $UFCrate / $MYrate"|$BC`
echo UKBrate=`echo "scale=8; $UKBrate / $MYrate"|$BC`
echo UNSrate=`echo "scale=8; $UNSrate / $MYrate"|$BC`
echo USFrate=`echo "scale=8; $USFrate / $MYrate"|$BC`
echo XGGrate=`echo "scale=8; $XGGrate / $MYrate"|$BC`
So if I want to see prices in bitcoin for example I can copy the BTCrate and use it as first argument to myrates.sh and presto it outputs the rates in terms of BTC. Or it you are, say, wanting them in Yen, you can find somewhere a conversion to convert DeVCoin to Yen and plug in the result of that to see the whole list in terms of Yen. Etcetera. With the Open Transactions system the Big Seven had scripts that would place expires-in-24-hours orders to buy and sell to/from the others of the Big Seven in three scales, usually in thousands, tenthousands, and hundredthousands, using a markup or markdown from the Latest Rates of 3% at the small scale, 2% at the medium scale and 1% at the large scale, or maybe it was 1.5%, 1% and 0.5%, whatever, the point is the include file was included into their create-offers scripts. Unfortunately I have no command-line "make an offer on HORIZON" nor "make an offer on STELLAR" commands yet like we had for Open Transactions. -MarkM- |
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Any news or updates?
Yes! The new Latest Rates include-file is ready. Along with the rest of the Digitalis Assets tables and plots. (Though STILL the plots do not work in my browser, as they haven't since I swiched from Slackware to Ubuntu. Something about GNUplot in Ubuntu is different from how GNUplot worked in Slackware, but I still do not know what. Maybe someone with fancy HTML can figure what is wrong with the plot pages or someone familiar with GNUplot can figure out what you have to do differently under Ubuntu from what worked under Slackware.) Because there has been so much change this time around the arbitrage opportunities are even better than usual... Basically a lot of folks don't run around changing all their offers every time a new Latest Rates file comes out, so a lot of offers they had made based on previous prices can suddenly be bargains. Get in there on the HORIZON and STELLAR platforms promptly before someone else snaps up the best bargains! -MarkM- |
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Okay, the new Latest Rates include-file is ready. Along with the rest of the Digitalis Assets tables and plots. (Though STILL the plots do not work in my browser, as they haven't since I swiched from Slackware to Ubuntu. Something about GNUplot in Ubuntu is different from how GNUplot worked in Slackware, but I still do not know what. Maybe someone with fancy HTML can figure what is wrong with the plot pages or someone familiar with GNUplot can figure out what you have to do differently under Ubuntu from what worked under Slackware.) You can see right off the bat that DeVCoin is over a satoshi now, since a bitcoin is valued at less than 100 million DeVCoins now. Nice! Checking the asset values expressed in bitcoins table confirms that, since now it shows 0.00000001 for DeVCoin instead of 0 like it had for quite a while. Because there has been so much change this time around the arbitrage opportunities are even better than usual... Basically a lot of folks don't run around changing all their offers every time a new Latest Rates file comes out, so a lot of offers they had made based on previous prices can suddenly be bargains. Get in there on the HORIZON and STELLAR platforms promptly before someone else snaps up the best bargains! -MarkM- |
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The sales walls are small. It would be so interesting if old whales showed up and dumped their I0C. Is this Galactic Milieu still active? I could not register. Where/how did you attempt to register for the Galactic Milieu? The only free-as-in-beer rabbit-hole left is the CrossCiv server... Also, I have lost too much of the treasuries used to "back" our coins to fly-by-night exchanges, so plan to try to stay mostly on HORIZON and STELLAR platforms myself. -MarkM- |
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When do you expect GeistGeld to count into reserve? Has to be a special value to it...
I have been busy doing a LOT of work on the scripts, so in the next calculation of Latest Rates XGG not only gets to count as a reserve but also is itself a currency whose value per coin is calculated based on its own reserves and such. (Treasury). GPL and GPL2 values are now also calculated from reserves in the same way, as are SPICE (Melange), UFC (United Federation Credits) and USF (United Sci-Fi coin). Those too are also counted when adding up reserves. These added coins will be shown in the Latest Rates when next they are generated. Also, long long ago the Martians offered the Czechs that if the Czechs would make peace with the Martians (they were at war for a LONG time, the Czechs were down to their last city on what is considered a Martian planet being as how pretty much everyone else on it is down to only one city, and many of them are as determined as the Czech were never to make peace with the Martians), the Martians would create a currency, CZB, for the Czech. Finally the Czech have taken them up on the offer. The offer was so very long ago that back when I initially created the what are now considered the "big seven" Galactic currencies I created CZB right along with them, and they have been in the Latest Rates calculations as a reserve currency counted for everyone's reserves all along, but now finally they have a treasury and some of the other Civilisations have some CZB in their own reserves. It might still be a day or few before all the typos glitches bugs etc are worked out as this involved a lot of re-arranging. Here is a not yet correct work-in progress look at what the Latest Rates might look like right now, but things are not complete yet so these figures will change by the time the real Latest Rates are uploaded. Basically some of these figures are glitched still, but these are the coins the new version will show. In particular, XGG's treasury has not been fully input yet, so XGG should definitely be worth more than shown below. Ditto for others, like gosh no way is SPICE (Melange) so pathetically low in value surely! Even the Ferengi haven't gotten the treasuries for GPL and GPL2 (Gold Pressed Latinum classic and new versions) sorted out yet. Also I have not plugged in values from exchanges for coins whose value we still have to go "discover" on exchanges (which seems to not work at all well really, since a lot of the pathetic little exchanges show crazy-low values for some of our coins when they list them at all. Look at prices they show for DVC, IXC and I0C for example. or DMD for that matter...) Which reminds me, come to think of it IXCorp's reserves are now used as the reserves for IXCoin. I0Corp is still a work in progress but it is intended that I0Corp will become I0Coin's treasury. BBQrate=.15171330
sBCErate=128424.92994728
sBCIrate=17850.24761759
sBMCrate=18470.53051500
sBRFrate=20706.24371451
BTCrate=70578366.42102595
CDNrate=12507.19059205
CLCrate=3.13681062
sCMCrate=18259.28431670
sCRFrate=372552.23276561
CZBrate=79.57856853
DVCrate=1.00000000
sDVCrate=816364.95250405
FBXrate=2.88397201
sGDCrate=862511.50897201
sGFCrate=3062033.36232765
sGHCrate=221870.51708231
GMCrate=16239.22176601
GPLrate=8165.42229318
GPL2rate=6405.92751419
sGRCrate=948212.21811638
GRFrate=28729.89740470
GRPrate=65.64537712
sGRPrate=4293.29881386
I0Crate=342.73494525
IXCrate=196.20503852
LTCrate=515567.20306163
MBCrate=25221.70306163
NKLrate=444.42574006
NMCrate=5154.33809813
SPICErate=2345.30550486
TBXrate=2.83901054
UFCrate=50.68937550
UKBrate=11684.26074614
UNSrate=12540.10984387
USFrate=76.03406326
XGGrate=10.90946877
I have had to over-estimate the number of coins of some of these new coins, partly to allow that more will be minted by the time the Latest Rates are generated again and partly because I do not have handy for some coins the exact number in existence. Probably I will want to generally use the number that should be in existence in a month or so, to allow for potential delays in generating a new Latest Rates file. Once I get the current batch done, I plan to add AXIOM, AXON and QBT. Maybe only as coins whose values are computed from treasuries rather than as coins used as reserves, since holding them in reserves you would miss out on staking gains. So I am thinking maybe of having their staking wallets be owned by the HZGROW asset or something like that, so treasuries can just hold shares of such an asset instead of the coins directly, so they get exposure to the gains from staking. -MarkM- |
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According to the new Latest Rates, which I ran using 19 billion as the number of "shares" to divide it into "as if" 19 billion devcoins were in existence (being as hold I was told last time around that almost 19 billion had been minted, and it makes sense to allow for a few more than there actually are to allow for more being minted before we generate a new "Latest Rates"), the total worth of DVC Holdings now is 31,792,998,122.57928719 DeVCoins, that is, over 31 billion DeVCoins.
However, it also says that this amounts to 1.67331569 DeVCoins per share, whereas I had kind of expected it ought logically be saying that it is 1.00000000 DeVCoins per share.
The shareworth is read from the company file at the start of the calculations though, so likely we will not see the new value being used for this "company" until next time around.
So I am thinking it must be using the previous (old) DeVCoin value for computing that DeVCoins per share value.
But if that is the case, I am worried it might also be using the old value for other parts of the calculations.
It does look, from things like the price of DEUterium in DeVCoins, that DeVCoin has gone up about 1.67331569 times its previous value.
So maybe I just have to expect that each time the value per share is going to be shown based on the previous value of DeVCoins.
Other than that little weirdness, which does not show up in the online pages since we do not publish the DVC Holdings account as if it were a Corp or Company (in the Company Values listing), everything seems to have worked.
Oh and all of this still is not yet counting XGG as a reserve currency toward the value of the things that hold it.
A lot of the increase in value is due to the acquisition of more shares of GFC; it used to only hold 461 shares of GFC, now it holds 5000 of them. It also gained a lot of GMC and some of some other things since the last time we ran the Latest Rates calculations.
You can see a lot of its holdings in the HORIZON account NHZ-YC2W-ZDCP-NS4G-4CEGK
(Among the things not shown there are the shares of GHC that it holds, as we do not put GHC onto the HORIZON system because they are only for Civilisations to hold and under HORIZON we cannot restrict who you can sell assets to. The fact that it holds GHC shares tells us it definitely IS in the process of setting up a Civilisation; we just do not yet know which Civilisation, on which planet.)
-MarkM-
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develCuy : Please provide a full accounting of the share list to this thread so that we might all understand the current state and comment on the policy going forward.
-- ctya
Ctya, the accounting of shares of current round can be found here https://github.com/devcoin/accounting/blob/master/account_96.csv (github will gently render the CSV file in your browser). The accounting file for round 97 (the upcoming round) is here: https://github.com/devcoin/accounting/blob/master/account_97.csv. There you can see this: "Devtome Earnings: 0 Shares", it means that nobody is going receive earnings for writing content in Devtome, starting from round 97. - develCuy Are you sure that merely adjusting that shares to devtome total suffices to zero everyone's devtome-contributor shares? I have generated and uploaded so maybe you should check that the results are as you intended. -MarkM- |
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I0C can be traded on the HORIZON and STELLAR platforms, see http://makemoney.knotwork.com/horizon/assets/ and http://makemoney.knotwork.com/stellar/Also it looks like a group or civilisation, possibly to be known as the I0nians, is forming in the Galactic Milieu which hopes to adopt I0Coin as their currency, much like the IXians have been trying to do for IXCoin, so the dream is far from dead. Basically this involves the clan, guild, nation, civilisation or whatever they are going to call themselves forming a treasury of "reserves" which when it gets to a decent size we can divide by 21 million (or however many I0Coins there actually are) to figure out the value of an I0Coin instead of trying to figure it out from whatever prices people have managed to get for one lately on some random exchange or exchanges. -MarkM- |
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 I think it’s 5 years You write the same story. Unthinkingbit on a human side is a great guy, and dvc a coin with huge potential, but marketing sucks like for many other merge mined coins do. The only way for merge mined coins to survive is to unify their efforts in creating a low cost set of services, interoperability among mm coins. Do together or die together. Even though merged mining stopped working well for me once mmpool stopped merging most of the coins, due to my miners being too powerful for the distributed pool thing to be able to handle the hashpower, nonetheless I still work with many of the merged mined coins. I do think it bad that for whatever reason the DeVCoin project pretty much stopped supporting other coins. If you look at the "DVC reserves" account on HORIZON you will see that the DVC entity's reserves include various of the merged-mined coins, as well as the two original scrypt coins that preceded litecoin. Allowing such coins to decline in value means the DVC Reserves decline in value, which causes the value per DeVCoin computed from those reserves to fall in value. So it seems to me we should be supporting all those coins. Also since it is looking likely that the diamond exchange that is conceived to be behind the standardisation of the value of the four common precious gems in the CrossCiv server will end up choosing DMD as its currency much like the DVC Reserves entitity is choosing DVC as its currency, chances are DMD will also be a "reserve currency". Worth looking at because DMD is still insanely low priced right now, down to $0.70 USD or less from its high of $40 USD or so, and soon to come out with its new version that will support tokens thus presumably be able to serve us like HORIZON and Stellar as a platform on which our reserve currencies, Corps shares and so on can be traded. By the way I notice Stellar Lumens (XLM) are down in price too, yet few if any players seem to bother updating their offers on the Stellar platform, meaning the prices they set to sell stuff at in Lumens back when Lumens were worth more are still sitting there. Seems like some good opportunities there for arbitragers. Also IXC are dirt cheap on some exchanges compared to their buying-power on the HORIZON and Stellar platforms, more good arbitrage opportunities there probably too... -MarkM- |
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Any news on our corporate warchest? Well it is not really "our" corporate warchest, really just an in-game group, working now on becoming an in-game civilisation, which aims to be a civilisation whose currency will be DeVCoins. A major difference between the two concepts (a nation whose currency is DeVCoin versus "our" corporate warchest) is the warchest is not "ours". It is the reserves of an in-game group that hopes soon to set up as an in-game nation aka civilisation. That this group or organisation plans to designate DeVCoin as "their" currency, that is as the currency their reserves are intended to support/back, is nice for us but since it seems likely that most of you do not even have characters in the game, let alone characters who will become citizens of whatever nation it ends up being that this group will form, let alone officers of that nation's government nor officers of whatever clan, guild, society, party or suchlike the group forms in various of the game's interfaces, it cannot really be thought of as "ours". Basically we just will have a sponsoring in-game nation, I suppose. That said, I just ran the "Latest rates", rather late as I was away at monthend. The latest valuation of the DVC entity is 16,186,997,650.21720041 DeVCoins, using the Latest Rates valuation of DeVCoins. XGG is still not being counted into the valuation, the entity now holds 200,000 XGG. -MarkM- |
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Yeah I followed the link and read it but couldn't figure what to possibly say about it. Its very weird partly stream of consciousness maybe, partly puns on spelling even (shit coins as sh IT coins where IT means Italy), very strange.
Presumably from the same source as all that other weird stuff about secret links between DeVCoin blockchain and other blockchains?
Presumably from some failure to quite figure out what merged mining is?
Doesn't seem to have much if any relation to reality.
The rounding of payments for DEUterium is trivial considering the interest rates on the debts the mining corps are paying off. Heck there is probably more "inaccuracy" in the kindly / generous treatment of multi-fleet shipments as a single shipment by taking the time of arrival (at the depot) of the first fleet to arrive as if they all had arrived at once, especially now that everyone is using slow but very economical of DEUterium fuel fleets of deathstars instead of large cargo ships. Evidently deathstars are mostly powered by gravitics so use way the heck less DEUterium as fuel for the delivery flights; but they are also a lot slower so it is days now rather than just hours between the arrivals even though they all set out within an hour or less of each other typically; so the laxness is now of days rather than just hours of interest. (The interest computations use hourly compounding.)
The thing is the debts are insanely huge to begin with for the most part, because mostly the mining corps are "Galactic Repo Corps" that repossessed abandoned colonies that had been abandoned for an Earth year or more back when the interest rate on their startup loans was 1% per Earth day (which was easily payable by anyone that actually worked at it, but compounds quate massively over a year of abandonment). So all the real original cost was long ago paid but just like on Earth it is really handy to have massive amount of debt out there paying interest. SInce it is pretty much all gravy though they can well afford to to allow these little bits of laxness. The important thing is despite the massive accumulation of interest over that initial year or more of abandonment, and since, the debts are still eventually going to be paid. No bankruptcies! The repo corps repo'd the abandoned corps and took over their debts. Some will take many Earth-years to pay off, some might end up causing the interest rates to again be reviewed, or of course maybe some new entrepeneurs will offer to refinance them at lower interest rates...
-MarkM-
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Vircurex simply stopped listing us, I guess there was at one point a loss of some bitcoins but all the DVC, I0C and IXC was able to be withdrawn no problem. The biggest loss, for me at least, was Cryptsy. Over 134 bitcoins lost there that had been the buy-sides. Lost hundreds of thousands of IXC and hundreds of millions of DVC in that one. Now Cryptopia has gone, with lots of IXC and I0C and the bitcoins that were their buy-sides. So now I am hoping to get some good trading going on HORIZON and Stellar. It is true though that after DVC was not on Vircurex anymore its price fell below one satoshi so it really has not been practical since then to do DVC/BTC pairings. I think by now though DVC is paired against pretty much ALL of the assets shown at http://makemoney.knotwork.com/stellar/ and any that it isn't yet point out to me s maybe I somehow managed to miss some. -MarkM- |
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FreiExchange is a modest but trustworthy exchange. We are proud to list I0Coin. Why do we have low volume? We didn’t ask for a listing fee, we don’t prop-up markets in any significant way, nor do we create fake volume. We count on the community to support their coin. At this point in the ending of the alt-coin winter, please come and help us support your coin by helping fill up the order books at our exchange to make a market. We don’t have any trading fees. https://freiexchange.com/For me it is the fact that the biggest destroyer of value of coins I work with has been fly-by-night and/or "hacked" exchanges. So now I am trying to do my trading on Stellar and HORIZON networks, using tokens that represent coins I am holding myself thus are hopefully harder for someone else to vanish from under me. -MarkM- |
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