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1101
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Alternate cryptocurrencies / Altcoin Discussion / Re: Time to BUY DEVCOINS
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on: May 20, 2013, 03:04:05 AM
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I'll buy 1 million for $10 US BTC/LTC equivalent
I think your math may be off... 1,000,000 is worth a lot. It's worth how much someone will take for it.. I'm just offering out there... just like I'll buy gold ounces for 1$  Touche, anyone selling a car for 1$ I am buying. |
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1106
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Alternate cryptocurrencies / Altcoin Discussion / Re: Devcoin
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on: May 19, 2013, 03:57:09 PM
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Its voluntary, I actually have not even tested it yet. You add the code if you want the article rated. This is not a automated script to help with payouts and such at all, just for if you have something you are unsure of or like with the devcoin.org we can have a group effort, place voting script on each paragraph so we can agree/disagree on final format.
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1108
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Alternate cryptocurrencies / Altcoin Discussion / Re: Devcoin
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on: May 19, 2013, 01:18:19 PM
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The "Official" logo should be chosen soon enough, when that happens I will update the page to reflect it. This site is only preliminary, psybits is going to be toying with graphics and "beautifying" it this week. I agree a simplified wording is necessary. I suggest someone make a page on devtome.com and everyone can edit, or even make separate pages and whichever everyone decides upon can be the final format. This page is simply a summary to be used as a public facing page until we are done. I would like it to remain easily displayed on mobile devices (which is why I stuck to the norm of bitcoin sites with twitter bootstrap).
Do we have a firm date on the logo voting? Also I suggest bounties for visually appealing graphics at request. Psybits seems competent in design so I would like him to spearhead that portion and get feedback and direction from everyone on how it should look/feel. Then he will have access to change the page itself. Any objections? Suggestions?
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1109
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Alternate cryptocurrencies / Altcoin Discussion / Re: Devcoin
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on: May 19, 2013, 07:03:37 AM
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Incase anyone missed ^^this^^ I'm scared to push on any links. lol, seriously. I downloaded ripple just to see a bright red add 2 hours later on here that ripple is a scam. I'm gonna wait from now on for anything new. Check out my first article, the first link in my list of links below my post - it gives an optimistic view of what I think will happen with these crypto currencies. this is the article I wanna submit to seeking alpha since I tried to keep the currency talk on the same level as speculative stocks. ripple.com has a web wallet, not sure if there is a downloaded one I never looked. I wrote a short summary a few pages back, its a debt trading system. Remember AIG? Remember how they and other companies were using asset backed securities but with no asset? Remember hearing about companies selling debt? Thats essentially what ripple does, by default it just tracks debt against an unlimited supply of money (XRP in this case) which they print as many as they want of to get free money. |
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1110
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Alternate cryptocurrencies / Altcoin Discussion / Re: Devcoin
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on: May 19, 2013, 06:59:58 AM
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Thanks, if you guys notice any verbiage that should be changed let me know. I tried to condense it down as much as possible to essentials. There may be typos and such I completed a lot of it in the middle of the night.
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1116
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Alternate cryptocurrencies / Altcoin Discussion / Re: Devcoin
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on: May 18, 2013, 07:00:04 AM
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Anybody know how many hours of logged in time one needs for the next level up from Jr. to 3 coins? I'm at nearly 19 hours now. I know to go from one coin to Jr. status so you can post is like 5 or 6 posts and 4 hours. It's pretty hard to gain hours. Very smart system they have in place - as soon as you stop surfing the site the clock stops. I've never seen anything so accurate. smart.
Dont take it to mean you should trust anyone, it means practically nothing and you can get 4 coins immediately by donating (thats what that little colored mark means) and lots of people scam, get a scammer tag, make a new account and then donate the next day and get 4 coins again. Dont trust it, just figure everyone is a scammer and use escrow to keep yourself safe. |
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1117
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Alternate cryptocurrencies / Altcoin Discussion / Re: Devcoin
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on: May 18, 2013, 06:33:07 AM
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Its a video game with in game companies, they have contracts and such for those in game alliances and you may equate it I guess to eve online. Except the currency has a direct outlet outside the game unlike eve online. The in game companies took out loans on several of the less commonly used coins and devcoin which are nigh impossible to repay due to interest.
I'm sorry, I'm still really in the dark. I've never heard of EVE online, I didn't even know there was a game called eve so you can see this is all completely new. So I still don't understand. These companies which sound like well backed and maybe in a few cases with millions of dollars in cash, took out devcoin loans and they're paying interest as well? does anybody have any idea about the total number of coins which have been lent out? 100 million? 4 billion devcoins? just a rough idea. and what do you mean by "nigh" impossible to repay due to interest? Not impossible you mean? Well, why can't devcoin enforce the contract, why can't they force them to repay the devcoins by forcing them to go on the open market and buying the coins? There must be a solution where these companies have to somehow repay the devcoins they borrowed, either via a straight purchase of devcoins and delivering them or and outright cash offering or other assets which then devcoin management can use to buy back devcoins on the open market and retire those coins in order to add value to the remaining devcoins. Thanks for your response - although I'm still confused about the entire matter and especially what potential outcomes can legally and realistically come from this large outstanding devcoin debt. The latter is the most important part. This i'm sure is a first time thing in the world. Cause I've never even heard of anything like it - for so many virtual coins to be owed to one company by so many gamers, developers and game owners. How does something like this play out, legally? What options to the debtors have to satisfy their devcoin debts and what timeframe, how much time to they have to resolve their debts? TIA Its a video game, there are no legalities, this was all done before devcoin or other coins truly had value. They used a system like ripple to trade the debt, there were not any actual devcoins (except for a small fraction) actually taken/borrowed. |
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1118
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Alternate cryptocurrencies / Altcoin Discussion / Re: Devcoin
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on: May 18, 2013, 06:16:12 AM
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Its a video game with in game companies, they have contracts and such for those in game alliances and you may equate it I guess to eve online. Except the currency has a direct outlet outside the game unlike eve online. The in game companies took out loans on several of the less commonly used coins and devcoin which are nigh impossible to repay due to interest.
Edit: XRP is ripple.com, its not a coin, its a debt trading system made by a company and a user named truecoin. Dont be fooled into accepting any "coin" on their network, it has no value to anyone but you and the person you got it from. They are giving you a piece of paper, you give them coin outside ripple and that is real coin. Its essentially what everyone using coin is trying to escape.
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