DEVCOIN why you are doing this to us? :(

[roslinpl]

Honestly, who cares about Devcoin? Unless, you're cloud mining with cex.io, I don't even understand why anyone would even want to mine this coin.
Good luck though, If you can ever make a profit.

Devcoin has been quite easy to make profits from, check the charts.

Buy low, sell high 

I have a problem with patience, and I hate sitting on any Alts because of the fact they can crash so easily and recovery time is much more than I can stand.

Hehe yes recovery time sometimes takes too long I have problems with patience too   but seems like DVC price is going up from morning

[roslinpl]

The low prices mean that artists who got coins during times of higher prices could well have sold some thus being ready to buy back cheaper now that prices are lower.

Plus of course those who do not write when the coins people wrote for two months ago are at low prices will not have coins coming in in two months when prices might already be much higher.

Maybe it is a selection mechanism that will help select artists who are intelligent and have the discipline to manage their business/finances, to defer gratification and so on.

Those who sold some on the way up to 193 satoshis per coin a while ago should be happily buying on the way down right now ready to catch the next uptick... Or writing like crazy if they figure the next uptick will not happen until after they get paid for what they write today...

However it seems possible that we might be gradually lowering the volatility over time. As more and more orders pile up from the top down on the sell side and from the bottom up on the buy side we might already be squeezing the volatile range.

-MarkM-

Perhaps upticks are comming back to dvc

See vircurex wall
It looks much much better then yesterday



Dumpers seems to be not so happy right now

[murraypaul]

Honestly, who cares about Devcoin? Unless, you're cloud mining with cex.io, I don't even understand why anyone would even want to mine this coin.
Good luck though, If you can ever make a profit.

As you can see from it's hash rate and rising diff this coin is very alive and people want it to be alive...

Hash rate is rising due to merge mining with Bitcoin.
People doing the merged mining have no interest in Devcoin, so dump it as soon as they can, so the price goes down.

[roslinpl]

Yesss

Price is going up

wall looks much better


Evry hour price is going up for now. And according to it's history - I think it is possible that we will see +20% tomorrow.
What do you think?

[SifuPhil]

The low prices mean that artists who got coins during times of higher prices could well have sold some thus being ready to buy back cheaper now that prices are lower.

Plus of course those who do not write when the coins people wrote for two months ago are at low prices will not have coins coming in in two months when prices might already be much higher.

Maybe it is a selection mechanism that will help select artists who are intelligent and have the discipline to manage their business/finances, to defer gratification and so on.

Those who sold some on the way up to 193 satoshis per coin a while ago should be happily buying on the way down right now ready to catch the next uptick... Or writing like crazy if they figure the next uptick will not happen until after they get paid for what they write today...

However it seems possible that we might be gradually lowering the volatility over time. As more and more orders pile up from the top down on the sell side and from the bottom up on the buy side we might already be squeezing the volatile range.

-MarkM-

Excellent points - thank you! I've never seen it explained quite this way before and it makes it abundantly clear.