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1821  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [DVC]DevCoin - Official Thread - Moderated on: July 18, 2013, 06:21:13 AM
I agree that we need a nice website though... even the pump-n-dump coins have good sites. And the client needs a workover as well, Sad.

What it boils down to is that Devcoin and all things related to it (and I would say cryptocoins in general) need to be communicated to the non-geek audience in a language we can understand without being patronizing.  People who mess around with hardware and know how to write code tend to not necessarily be all that great on making a website that looks nice.  They also tend to not be very good writers in terms of being able to communicate the concepts in writing to a larger audience.

I'm working on a more developed article about this, but I think the real value of the stories and questions thread is not in generating made to order fiction, but in connecting the geniuses of the cryptoworld (those who start businesses but intend to raise funding through IPOs, those working on various bounty projects, etc.) with people like me who could write about them and communicate the features/benefits to a wider audience.  I can become knowledgeable enough to write about just about any subject if the one passionate about that subject is willing to take the time to tell me about the project and answer my questions (the interview process that freelance writers go through when they are writing a story) and have the attitude that no question is a stupid question.  Those are the people who need to be putting up bounties--the ones who have great ideas and are working on amazing things but who for whatever reason are unable or unwilling to communicate in writing what they are doing to the world at large.  I know writing doesn't come easy to everyone.  Take Devda.ch, for example.  And this isn't meant to be a slam, but just something to help--the site is filled with pictures of stuff I have no idea what it is (other than it's computer related) with very little explanation, and absolutely NOTHING in the investor section.  That site needs content that average people can read and understand.  I (and other writers) can write that content as long as I'm given access to the people who are working on the projects.  And then so many more people can know what's going on and understand why it's so great and even possibly invest money in it.
1822  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [DVC]DevCoin - Official Thread - Moderated on: July 18, 2013, 06:03:37 AM
Completely false. As of a couple weeks ago some of us have been given the job of ensuring that articles are up to quality standards. Multiple people have been removed from the payment list as a result or been declined, and many more have been contacted and have had to fix their articles or remove problematic ones.

Please do not spread false information around.

I was watching the relevant files for round 25 very closely, and I noticed the number of writer shares go up and down, so I know that some content that was published got deleted or whatever other quality control measures were practiced.  And in the end, round 25 turned out to promise way more earnings for those of us who did NOT run afoul of the quality control, like 3 to 4 times more than round 24.  I am convinced the difference is that there was much less quality control in round 24 than round 25.  Good job admins!

On another note, I saw some posts about the relative value of DVC compared to BTC.  For what it's worth, here are two things that would seriously increase the value of DVC in my eyes, and I'm probably not the only one who feels this way.

1.  A web based online wallet for DVC that has everything Coinbase has including the ability to buy/sell into dollars by direct linking to your regular fiat bank account.  What Coinbase does for BTC is give it liquidity.  I can buy or sell my BTC without having to go through an exchange.  Obviously not good for making lots of trades, but for what a normal person (who isn't a currency trader) needs it's more than adequate.  That kind of liquidity adds value to a currency and would do wonders for DVC if it had a Coinbase.  Maybe those here writing letters to people should ask the good people at CoinBase to consider developing a wallet for DVC.  They are a pretty responsive lot.

2.  More solid investments for DVC.  Right now the only place I know of where I can invest my DVC is on Cryptostocks and there are a few DVC denominated securities.  I've looked into all of them.  The ASCMDVCPT one is the best place for "growing" the number of Devcoins, as the dividend payouts are generous and the company behind the stock is rock solid (last I checked anyway).  However, the stock itself is overvalued--sells for 2 to 3 times as much as it should compared to the equivalent on BTCT.co, so it's limited in terms of how much you can buy into it, and at some point it's bound to correct.  Of the other securities, there's a DVC bond which will yield about a 3.65% return per year--at least it has some interest but 3.65% is like standing still compared to other stocks which have estimated returns of 20 to 50%.  The DVB stock is interesting but I do not understand how the fundamentals work (i.e., what's being bought and sold, how profits are made, etc.) and no one seems to want to explain them to me, at least not in a language I (a non-technical, non-miner, non-programmer) can understand.  There's another stock that seems to be based on some sort of multilevel scheme involving pyramining and it finally paid its first dividend and again I just don't understand it well enough to feel confident investing in it.  That's it.  We need more.  I'd like to see some solid companies offer shares that are denominated in DVC.  When they come on the scene I will happily buy.

Someone else mentioned this but I'll reiterate--a marketplace for DVC would be helpful.  If I can buy some of what I need and pay for it with DVC, even gift cards to places I like to shop, then that would definitely make my DVC more valuable.  
1823  Alternate cryptocurrencies / Altcoin Discussion / Re: Stories and Questions - Moderated on: July 15, 2013, 04:34:55 AM
https://bitcointalk.org/index.php?topic=254105.0

it's gonna be a mini-novel so it'll take time to write. If people like the idea, i'll continue.

Nothing against the writing, but please do not spam with extra threads like that.   If you want to post excerpts of your writing, then do it here on this thread.



problem is if i post a chapter, and then post another in a day or two, the posts get separated by comments. I thought it would be cleaner to have a separate post that i can edit, adding more work than having cut-off chapters that members will have to search for amongst all the comments.

This is why you create temp replies. Ex. "Reserved for Chapter 2" and on. So if you're going to have 10 chapters, create 9 replies (for chapters 2-10) that way you can lock them in prior to comments.

Why not just stick it on the Devtome in the first place?  You can do a separate page for each chapter.  Then in a thread like this, simply post a link to the chapter you want feedback on, and people can go and read it on the Devtome.
1824  Alternate cryptocurrencies / Altcoin Discussion / Re: Devtome: Get Hundreds of Thousands of free Devcoins for writing on: July 10, 2013, 10:52:59 PM
I know we are currently in round 25, but I would like to know at which block the official earnings are calculated (such as at block 93k round 24 was calculated). Also, at which block will round 25 be paid out?

Thanks

EDIT: Also, one more question. In order to get an idea of what a share might be worth, is there anywhere I can see a list of the people in round 25 and how much they have written so far?

I'm thinking earnings are calculated at block 97000, but I'm not quite sure why I think that.  I'm guessing UnthinkingBit posted that it was block 97000 on a thread I read...

There are two files which update daily that one can use to calculate earnings.  I have them bookmarked on my android, but don't have them handy on my laptop.  They are on a site that I believe belongs to Emfox.  If I find them later I'll edit and add them.  Or someone else can...
1825  Alternate cryptocurrencies / Altcoin Discussion / Re: Devtome Advertising on: July 10, 2013, 10:44:05 PM
Is it possible to receive devcoins for translations into French, for example?
Not yet, primarily I think because there aren't enough people to be able to vet/edit any writings not in english. You can offer to translate from french to english, if anybody is interested in taking you up on it:  http://devtome.com/doku.php?id=devtome_translators

Also, internet advertising pays more for English articles, and we would have to set up sub wikis for each language.

..
There are plans to:
(1) incorporate a better validation system.
..

(2) build in revenue from page views and advertising. Done properly this should at least supplement (1) and perhaps as you say even supplant it further in the future, as well as giving an exchange bid to dvc.
..

We've been trying to get advertising for several months, but I've been told there is no good bitcoin advertising network. Adsense is good, but because the IRS is persecuting people:
http://www.mercatornet.com/sheila_liaugminas/view/12348

I prefer to have someone outside of the US get an adsense account.

Could someone out of the US please offer an adsense account for devtome? Whoever handles the adsense account would get 10% of the revenue. Right now devtome probably gets around half a million page views per month, so that would be a couple of hundred dollars a month of advertising.


Coin URL and Coins of Midas are ad networks which accept (and give out) payment in Bitcoin.  Another one I hear about is something like Operation Fabulous.  I'm sure there are more out there.  Any particular reason to not use them?

EDIT:  Never mind.  That question got answered already.
1826  Alternate cryptocurrencies / Altcoin Discussion / Re: Stories and Questions - Moderated on: July 10, 2013, 08:37:35 PM
Congratulations Ranlo!

I hope lots of people post story ideas here :-)
1827  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Luckybit and Wiser Article Idea Award on: July 10, 2013, 07:50:33 PM
Wow!  I've been away from this thread for a few days.  What a nice surprise to come back to this.  Thanks!  

Off to publish my last article for this round!

Luckybit and Wiser thought of a way for readers to request stories and get full answers to questions:
https://bitcointalk.org/index.php?topic=240540.0

from their idea, a story has been written:
https://bitcointalk.org/index.php?topic=252709.msg2694084#msg2694084

so they both get four shares for their successful idea:

..
If the idea succeeds, you and Wiser will get four shares. I will consider the idea a success if at least one big article is written because of it.

1828  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [DVC]DevCoin - Official Thread - Moderated on: July 10, 2013, 07:48:57 PM
I think there's something funny with the quoting script because now it looks like someone else said what I just posted--the bit about being always right and not understanding how a pump works.
1829  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [DVC]DevCoin - Official Thread - Moderated on: July 10, 2013, 07:47:38 PM
This person seems like they already bought 11 or so btc and flashed 20 btc but remove it so they prob spending about 35 to 50 btc at this price. Seems like a noob because he doesnt know how dvc works. Any wall in the bid book will get eaten up slowly but to create a pump is what will drive others to buy. The wall will give incentive to selloff a big chunk to someone whonjust got the coins. A pump would have them add or hold thinking its rising. That person is either greedy or doesnt know how to manage hos position. I did the opposite i created a pump earlier and price rose for 35% subsequently. Noone has made a substantial pump after mine. Ive only seen the occasional attempts
at a few btc in the buy book that gets eaten up slowly as price jist sits there waiting for sellers.

If ur smart u would buy half above market and then place half in the book in increments.

Are you kidding?  This guy looks like he knows exactly what he's doing, he's trying to get the most for his money.  You really think a few guys spending a few grand are gonna pump devcoin up and keep it there?  That's foolish.  It's gonna take real demand and hundreds of thousands in consistent dollars to get devcoin up and keep it there.

Calling a guy greedy or dumb cause he's not purposely paying more than market value for devcoin is ridiculous.  This pump mentality is what keeps people away from speculative assets like devcoin.  Lets focus on fundamentals and hope bitcoin gets its ETF and then you'll see real market forces move devcoin to new all-time highs without the need for 2nd rate pump schemes which don't work for even a single day.
Wiser is probably right as always. Ive seem alot of these the last few months and price collapses after wall breaks seems like it will need a breakthrough to gain some traction.. the kimd you are talking about. Good to accumulate here for sure.

I appreciate my growing reputation as being always right Wink  However, I didn't actually say that.  And I still don't understand how a pump works Sad
1830  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [DVC]DevCoin - Official Thread - Moderated on: July 08, 2013, 12:19:18 AM
This person seems like they already bought 11 or so btc and flashed 20 btc but remove it so they prob spending about 35 to 50 btc at this price. Seems like a noob because he doesnt know how dvc works. Any wall in the bid book will get eaten up slowly but to create a pump is what will drive others to buy. The wall will give incentive to selloff a big chunk to someone whonjust got the coins. A pump would have them add or hold thinking its rising. That person is either greedy or doesnt know how to manage hos position. I did the opposite i created a pump earlier and price rose for 35% subsequently. Noone has made a substantial pump after mine. Ive only seen the occasional attempts
at a few btc in the buy book that gets eaten up slowly as price jist sits there waiting for sellers.

If ur smart u would buy half above market and then place half in the book in increments.

How does a pump work?  I'm not quite visualizing it from the above description.  I'd like to know this so I can recognize a pump when I see one on the exchange.
1831  Economy / Securities / Re: [CRYPTOSTOCKS] (DVB) Devcoin Bounty Security on: July 06, 2013, 02:33:45 PM
Hmm..   how does this raise the coins to pay the dividends? It sounds more like it is for giving out bounties?  The first post just ore or less seems a writeup on devcoin itself, not the fund.

Yes, I would like a more detailed explanation of how profits are made.  I see the dividend history, but I am not understanding the fundamentals.  If everything developed is open source, then what gets sold?  Thanks.
1832  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [DVC]DevCoin - Official Thread - Moderated on: July 06, 2013, 03:41:21 AM
If this works I think this will be the first mainstream media article in favor of alt coins and in specific devcoin.  That would be great for marketing.  I wish I would be able to quantify that so I can get paid marketing shares.  lol, hey, if it's worth marketing shares then why wouldn't I want them?

Good luck with the article  Smiley

How exactly are marketing shares allocated?  I'm thinking I may want to get in on that... eventually.
1833  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [DVC]DevCoin - Official Thread - Moderated on: July 05, 2013, 07:47:03 PM
Thanks Ranlo and Stan Distortion!  That makes perfect sense  Smiley

Edit:  This brings up another question.

14+ BTC at 74 satoshi means that someone is offering up 14+ Bitcoins (14.00000000+) for DVC at a rate of 0.00000074 BTC per DVC.

For someone to buy at 73 sat would require people to sell almost 20 million DVC to the guy that is buying at 74 first, which is why it is a "wall."

Would that also mean that anyone else who wants to buy DVC at 74 sat would have to wait until that entire order is filled before theirs gets filled?

So... if I really wanted to buy more DVC right now and I didn't want to wait, I'd have to put in an order to buy them at at least 75 sat?
1834  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [DVC]DevCoin - Official Thread - Moderated on: July 05, 2013, 06:14:27 PM
So who is creating the wall on vircurex DVC/BTC lately?   Now 14+ BTC sitting at 74 satoshi.   Is it a supporter, or someone trying to play?

Another opportunity to educate:  What does "creating a wall" mean?  And what do you mean by "14+ BTC sitting at 74 satoshi"?
1835  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [DVC]DevCoin - Official Thread - Moderated on: July 05, 2013, 05:17:24 AM
The client I'm currently using for DVC is the 0.3.24-beta version.  I'm thinking I'd like to change to the client found here (https://www.box.com/s/crfmuuhe0f32w5g4nt4i) but haven't downloaded it yet.  If I download the next client and try it out, will the old one still run just fine?  Can I have two DVC clients running on the same computer?


It should.  This will probably change in a future build, but for now they are interoperable as long as you do not encrypt the wallet file.

I am curious.  It seems you joined the forum a month and a half after the new version came out.  Yet you still choose to download the older version.  I have gotten a few support pms and every single time it has turned out they downloaded the old version, and an update fixes their issues.  Why did you choose the old version still?


The client on the official site, or thread or whatever was the wrong version. I joined up long after the new version was released as well but up until a couple weeks ago I had no idea there even was a new version -- I was still using the one with the Bitcoin logo as that is the one that was listed.

Yeah, what he said ^^^  What I remember is that there was a choice of three places to download a client from and I didn't see any indication of one being better than another, so I just made a choice and that's what I got.  It works OK for now, but I bet the newer one is better.

A question on backing up the dat file.  Do I make backups regularly, like once a week?  Or, is the dat file going to be the same as time goes on because after all the client is really a reader of information stored somewhere else (blockchain)?

If/when I get around to downloading the new client, can I use the same dat file so that I can keep my original addresses?  If so, how would I do that?
1836  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [DVC]DevCoin - Official Thread - Moderated on: July 04, 2013, 05:07:13 PM
It's fine as long as you don't run them at the same time (well, some say not to run at the same time, others say it's fine... but I'd be safe).

You don't need to export your key though. Go to c:/users/[username]/appdata/roaming/devcoin/wallet.dat and just back up that file.

Thank you!

File is now backed up.  I feel better already Smiley

And I will take your advice and have the old client closed before messing with the new one.
1837  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [DVC]DevCoin - Official Thread - Moderated on: July 04, 2013, 03:17:48 PM
The client I'm currently using for DVC is the 0.3.24-beta version.  I'm thinking I'd like to change to the client found here (https://www.box.com/s/crfmuuhe0f32w5g4nt4i) but haven't downloaded it yet.  If I download the next client and try it out, will the old one still run just fine?  Can I have two DVC clients running on the same computer?

The reason I want to possibly switch down the road is that this beta version doesn't seem to have any way for me to back it up or access the private key or anything that would really help in the event my hard drive crashes.  So I want to play around with the next one on the same computer and see if it's a better client.  Will it be OK to do that?
1838  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [DVC]DevCoin - Official Thread - Moderated on: July 04, 2013, 12:46:54 PM
You can shut off your laptop while it's generating shares.  I only turn mine on and lower the firewall once per week to see my coins accumulating.  It's safe, your coins just float around looking for your address and once you connect to the node in about 3 minutes all your coins for all those past days will pop up all matured and everything.  

Thanks!  Good to know.  I will definitely turn on my laptop more than once a week, though, as I use it for many things besides watching my Devs accumulate--writing Devtome content,  for example  Smiley
1839  Alternate cryptocurrencies / Announcements (Altcoins) / Re: where to invest/spend Devcoin on: July 04, 2013, 12:40:00 PM
Quote
Wiser, how are you gonna invest the crypto coins exactly?  I'm sitting on them cause that's all you can do.

You can support the Devcoin Bounties, which earn dividends weekly, and puts your Devcoins to work supporting innovation. You can't help but feel good having your dvc sitting here.
https://cryptostocks.com/securities/14
Ask price:  199 dvc, average weekly dividend 0.032 dvc per share.

You can invest in ASIC Miner Pass Through shares which earn dividends weekly. Be a part of ASIC mining as each share represents 1/1000th of an ASICMiner share, paid in Devcoins.
https://cryptostocks.com/securities/39
Ask price: 9,900 dvc, dividends paid weekly ranging from 20.2 dvc to 34.38 (last four weeks) per share.

You can invest in the P2P DVC mining bond which earn dividends weekly. P2PDVC has several interests including shares of RTM in Bitfunder.
https://cryptostocks.com/securities/40
Ask Price: 100.5 dvc, dividends paid weekly averaging 0.01 dvc but two weeks ago was 0.1 dvc. per share.

These are all easily liquidated if you need your devcoins for something else, and you earn more Devcoins per week. Not bad.

Devcoins go through cycles and holding them in investments until a better price comes along is a good way to be involved in multiple projects.

Bitcoin PR Buzz accepts Devcoins
http://bitcoinprbuzz.com/

+1!

Thanks for putting that all in one place.

There is also the option to trade some (definitely not all!) DVC for BTC and buy ASICMINER shares and 1/100 shares over on BTCT.co

There are other securities to at least check out on the various exchanges in various cryptos, but as far as I can tell ASICMINER is the most solid.  Always practice due diligence, etc.
1840  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [DVC]DevCoin - Official Thread - Moderated on: July 04, 2013, 04:55:03 AM
Everyone I've told about and sold them on he idea of alt coins when they saw they had to buy hardware or learn about all these different clients to download and how to set up and tweak mining software - after a week they all but one gave up.

So no worries, a year ago would have been ideal to get into this thing but we are definitely very early to the game. Just have enough coins (in various names) so when it spikes you can sell some and still have lots to wait out the real wave.

I have to admit that all the stuff about clients (with their private keys and need for backing up) and hardware and mining technology and difficulty along with all the programming behind it is something I find a bit daunting.  For example, I'm wondering if it's even safe for me to turn off my laptop now that my DVC client is getting generated DVC!  Let's just say that I'm a big fan of Coinbase.  It takes some of that off my back and I get a nice BTC wallet.

Sounds like you have a good strategy.  I'm more or less on the same page except that I would like to grow the number of cryptos I have (in the various names I choose to have them) by also investing them rather than just sitting on them.  But of course there is risk involved either way so you have to choose the risk you feel you can live with.
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