Hello and welcome to the forum!

Welcome to the forum!

Welcome to the forum.  It's a great place to hang out

Welcome to the forum.  It's surprisingly easy to earn Bitcoin.  And yes, avoid gambling and also the scams--be very suspicious of anyone offering more than a 30 percent annual return. 

I sadly lost my first half bitcoin in a scam but was able to learn through the experience (hence my forum ID) and also earn more to make up for it.

Welcome!

Welcome!

Welcome to the forum.  I know there is a lot of interest in 3D printing among the Devcoin folks.

https://bitcointalk.org/index.php?topic=233997.0

+1  not at all off topic

Still locked out of Devtome.  This is going to take a while to fix, isn't it?

Thanks for all your hard work.  Just as an FYI, I too am still locked out.  My user name on the Devtome is wiser.

I can't help on the database end, but as soon as I am able to log in, I can help some with deleting bot accounts and probably some other fairly well defined tasks.

Cool and useful ways to invest them.  Think about all the amazing things you can buy with Bitcoins.  You can have them sitting in a CoinLenders account earning 22 percent interest, you can buy some stocks which pay out weekly or daily dividends on Bitfunder.  You can even buy shares in mcxNOW which pay out dividends in BTC and nine other cryptocurrencies every six hours.  If you have Bitcoins, you can easily grow them into more Bitcoins.  If you have Devcoins, well... for the most part, you first have to sell them for Bitcoins if you want to invest them, or you play the game of buying low and selling high, which definitely isn't for everyone.  There are a few "investments" you can do with Devcoin but it's easy to spend as much as you want to spend on them using the earnings from one round, and then what?  Actually, just having Devcoins sitting on the mxcNOW exchange collecting dust would allow them to earn a few more DVCs for you, so at least there you can hoard your DVCs and still have them doing something for you.

You want to increase demand for Devcoins?  Come up with cool things to do with them which will help people better their lives.  If it's a great opportunity that's only available for Devcoins, even better.

My opinion is that the people who buy Devcoins are either Devcoin supporters who want to improve the value of the coin, or they are speculators who figure that they can buy at 30 sat and sell later for 35 or 40.  But no one is buying them because there's something they want to do that they can only do with Devcoins.  And those of us who write are flooded with these things every month, millions and millions of them, but there just aren't too many places to spend so many, so you tend to want to unload them for something that you can spend or invest in very cool and interesting and hopefully profitable ways.  Some people hold onto them for a long time in the hopes that things will turn around and they can sell them for upwards of 200 sat.  And I'm holding on to some for that reason, but there's only so many million that you want to stockpile, the rest of which you want to turn into something that can go somewhere in the present.

People on this thread who have offered things for sale in exchange for Devcoins are the ones who are going to turn this around, and the more people who have something for sale for Devcoins, the more likely it is that eventually, Devcoins will be a crypto that people want to have and the exchange rate will reflect that.  That won't happen overnight, and anyone who wants to start a viable operation will need to fund that operation, and that will undoubtedly involve the sale of Devcoins if they have lots of them to sell.

I don't know much about computer gaming, but some have talked about the possibility of Devcoins being used as gaming tokens.  I think if they become the gaming token of choice for some major online interactive game, then that will fuel the demand, and the exchange rate will reflect that.  It strikes me as an easier way to create demand than other ways, but again I do not know computer gaming so I could be way off.  I also think there are people on this thread who are working on things like that, and I would love to get regular updates from them in plain English

Along the same lines I think Devcoins could be handy for keeping score on various barter networks, for example, they could be used on a babysitter exchange as babysitting tokens.  Maybe people who run those kinds of networks could be approached?  I think there would be some advantages to using a blockchain currency over just some internal point system.  In this situation, it would be very advantageous that you can buy a lot of them for next to nothing.

Personally, I wouldn't care too much how low the exchange rate was if it were stable.  If Devcoins are always going to be worth 30 sat apiece, then I could live with that.  Some people would decide writing for Devcoins wasn't worth it and those who do write would pick up more DVC/share and it would all even out.  But the part that makes me want to sell today rather than tomorrow is the concern that if they are 30 sat today, they'll be 28 sat tomorrow and 26 sat the next day, and so forth.  But of course that way of thinking can turn into a self-fulfilling prophecy which drops the price through the floor.  For this reason I try to hang onto my Devcoins until I have something specific I want to do with them (or the Bitcoins I trade them for), and then I sell enough to do that thing and then wait.  And I try to have the patience to place a sell order for higher than the highest buy price.  But every time I turn around there is something new I could do with Bitcoins that I can't do with Devcoins, and that creates demand for Bitcoins against Devcoins.  But give me something amazing I can do with my Devcoins as Devcoins and then it becomes a different game.

I could help some with getting rid of fake accounts.  However, at this time Devtome won't allow me to log in.  When I try the password reset option it then tells me it can't find me in the database.  Anyway, I'll have to be able to log in if I can be of much help

Matt (and all new Devtome writers),

Right now, round 26 is paying out and will be until block 108,000.  Then from block 108,001 until block 112,000, round 27 will be paying out.  You are writing in round 28, which will start paying out in block 112,001.  There is a substantial delay between the time you start writing and the time you start getting paid.

As for your name being on the list, you're probably looking at the charity_28 file, and I know that file is not up to date for probably several reasons, including the current issues with the Devtome.  The equivalent file for round 27 was not up to date either and I'm not sure why.  When writing for Round 28 closes, and that will happen at block 109,300, a few days to a week later, UnthinkingBit runs some sort of script that essentially subtracts your cumulative word count from round 27 (which in your case will be zero) from your cumulative word count from round 28, and that determines your pay.  That script is different from whatever script is behind the charity files that are supposed to update daily, and it's Unthinkingbit's script that's the official one--the other one being unofficial but useful (when it works) for keeping track of how you're doing as the round progresses.  Around that time, you'll also get a test payment (of some random small amount) to your address as a way to check to make sure your wallet is working and ready to receive your generated shares.

This probably sounds very confusing, as it was to me when I started out.  The bottom line is that there is a process from the time you start writing to the time you start getting paid, and at first it looks like nothing's happening, but hang in there and keep writing, and once you experience it, it will make more sense.  Once you start getting paid, though, as long as you consistently write each round, the payments are generated daily and continuously.  It's definitely much more fun to keep writing when you are also getting paid, but think of your current efforts as priming the pump.  Once the flow starts, it won't stop until you stop writing (in which case it will stop about six weeks to two months later).

People do this for 0.00001 cents???  Those captcha fillers really ought to unionize! LOL

Just as an FYI, I did try to log in just now, and I got a similar story to others.  First, it told me my username or password was wrong.  Then when I tried the password reset option, it told me it couldn't find the user in the database.  But I'm in there, and at least one of my articles does show that I wrote it--at least when you go to an earlier revision.

Hope you guys can get this fixed soon.  I'm really sorry about all the trouble.

I have noticed there are a lot of accounts signed up that aren't writers.  Are those all bots?  Or, is there any benefit to having an account that just allows you to read stuff?

FWIW, If you click on my Devtome article Fat Cats and Mercenaries, the most recent version just shows a bunch of gibberish.  However, one could read the article by going back to the revision histories.

I haven't tried to log in to the Devtome since all this trouble started.  I'm just mentioning the above in case it's helpful to those who are working on solving the problem.

I saw all this about Devtome being down... and decided tonight wasn't the best time to write

Thanks to everyone who is working on fixing it, and hopefully it will be back up and running very soon.

On another note, I registered for an account on MCXnow and did some trades, and I have to say so far I'm REALLY liking it.

Thanks Alyssa85.  I will go ahead and make a correction to reflect what you wrote.  And feel free to send any additional info you might come across, and like I said I will try to find this out for myself in the next few days too.

Thanks for the background.  I'd never heard of Groupcoin before.  My impression that DVC is the second longest running crypto comes from this thread I think.  I've heard it before several times and it was repeated when the 2nd anniversary came around.  It is possible that this is a "legend" in the making that's not factually accurate.  I do have the impression that there may have been cryptos developed before DVC but that they are not considered viable today.  In any case, if you can show me that this is factually inaccurate I will go ahead and make a correction to my article.  I will also do some research and see what I can find out in the mean time.

If there are other facts in my article that are incorrect (I am a newbie still and don't have all the details straight yet), please also educate me and I'll make the appropriate corrections

MarkM, since you are one of the developers of Devcoin, wouldn't you have the ability to make the changes to how the Devtome works and so forth that you have been bringing up on the thread in the past two days?  I notice that often changes are suggested by various people here, and for the most part they get ignored, but every so often the system gets tweaked some based on a suggestion (or a bunch of similar suggestions) made here.  I personally appreciate the fact that changes are never made in a hurry, but to be honest I'm not even sure how changes are made at all.  If the share allocation for the Devtome were to change to the way you suggested, for example, what would the process be?


OK, there you have it, folks.  So it really, truly, is not the Devtome writers' fault for depressing the price just because we sell off some DVC in order to actually do something with our earnings (while hopefully also working towards DVCs themselves being more suited to that purpose).  Now that all the insults directed at writers have served their purpose of inspiring my title, I think they can and should be discontinued

So is Vircurex now the only platform that allows trading directly from DVC to BTC?  


Thanks so much for the kind words

So all this discussion on the thread today prompted me to write this essay called Fat Cats and Mercenaries expressing my thoughts about the Devtome project and our attitude towards it.  The more I ponder it, the more amazing it becomes in my eyes, and the more convinced I get that it not only is sustainable, but needs to be largely left as it is, though tweaks to improve it are certainly good.

Despite my own advice, I did not copy/paste anything.  I composed the essay from scratch, though worked off some of my earlier posted ideas.  This one is a Devtome exclusive.  No republishing my blog post this time.  Enjoy