DVC - Devcoin

[psybits]

How is it an investment? It seems like a charity.

Some might call an open-source spaceship charity, others might call it the volksmobile that will open up the solar system like wagons opened up the west...

(Print yourself a space-wagon and go mine asteroids for printer-primer to print more stuff, yay! )

-MarkM-

But who's printing the asteroids?   oh 1st world space flight and resources problems

Ideal. Where do I join? Oh wait a sec... Come on market cap I want our 3d printed spacecraft already! All your future crowdfunded space travel projects are belong to us 

[FinShaggy]

Get DVC on more exchanges:
https://bitcointalk.org/index.php?topic=212727.new#new

[Arbitrageur]

Because the DVC to BTC exchange rate should rise over time as Devcoin has a very strong community and developer, and as Devcoin becomes more widely known (Devcoin has a very comprehensive marketing program which is just getting started), and as more DVC services and websites appear.

oops wrong prediction. are we at all time lows here?

[markm]

Devtome took on a lot of new authors, which means a lot of people are now dumping the coins they get because the main reason most of those authors are there is to make some quick fiat or bitcoin by dumping devcoins, instead of having as their main motivation the improving of the devtome so as to increase its income so as to buy up more devcoins on markets so as to drive up the value of the huge hoards of devcoins they save up.

It seems insane that they part with them at such pathetically low prices, and by doing so they seem to have ended or stretched out a lot the old cycle we used to see where it would go down to thirty-something satoshis a coin then back up over 200 satoshis sometimes near or even over 300 satoshis then back down to thirty-something.

So to me it seems mostly to do with the motives of the type of people being attracted by the "shares for authors" thing devtome is doing. Once upon a time we had peple who wanted to write, had stuff to write maybe even stuff actually directly relevant to ultimately increasing the value of devcoins and often also bitcoin, and were happy that as a side-effect they were accumulating coins that in a few years might be worth quite a bit if they did well the projects at hand in the moment.

Now we seem to be attracting more people who just have a bunch of writing laying around that they have no use for and maybe no one has any use for so they dump it for quick fiat or bitcoins. Having no interest or stake in devcoin they don't even care whether their contribution will ultimately increase the value of the coins.

Maybe republicans can see in it a microcosm of what welfare states lead to, even...

-MarkM-

[markm]

DeVCoin maybe still isn't doing extremely well, but looking at http://galaxies.mygamesonline.org/indevcoins.html - which is asset values expresed in DeVCoins, I see that DeVCoin has actually been rising lately compared to some of the other Galactic Milieu currencies.

The ones I noticed so far are General Retirement Funds (GRF) scrip, General Mining Corp (GMC) scrip, United Kingdom Britcoin (UKB) and United Nations Scrip (UNS), though I also see for example Canadian Digital Notes (CDN) dipped for a while too.

Others of the tables and plots linked from http://galaxies.mygamesonline.org/digitalisassets.html make it pretty clear that it is not that those others have been going down overall, so evidently DeVCoin is simply rising faster than some of the others.

-MarkM-