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Question: Would you buy Devcoin at...?
5 satoshis - 0 (0%)
6 satoshis - 1 (100%)
7 satoshis - 0 (0%)
8 satoshis - 0 (0%)
9 satoshis - 0 (0%)
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Author Topic: Good time to buy Devcoins!  (Read 1797 times)
develCuy (OP)
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March 25, 2015, 07:50:08 PM
 #1

The current value of DVC is 4 satoshis, and is going down to 3. At first sight it means that nobody wants it, but if we carefully check their community, it looks like they are preparing something big. So it is a good time to buy DVC! Buy cheap sell high = WIN

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March 25, 2015, 07:51:18 PM
 #2

The current value of DVC is 4 satoshis, and is going down to 3. At first sight it means that nobody wants it, but if we carefully check their community, it looks like they are preparing something big. So it is a good time to buy DVC! Buy cheap sell high = WIN

Thank you for this friendly tip!
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March 25, 2015, 07:52:47 PM
 #3

Volume (24h): $21

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March 25, 2015, 10:17:54 PM
 #4

Volume (24h): $21

Yeah it takes time to buy LOTS this cheap. Lurking on 3 tends to mean quite a lot of idle time while people play around at 4 and above, but periodically it has hit 3 and at Vircurex the bitcoins lurking on 3 meanwhile make a little income on the side simply for being on the exchange. I can see where you might not want to leave bitcoins sitting idle on other exchanges waiting to be first in line to pick up Devcoins for 3 or less though.

Basically if you want to lurk on the low end of the buy side of an order-book ensuring you will be first in line for cheap coins at each price, Vircurex seems to be the place to do it.

Another way of saying that is if you want to build a DEEP, strong buy-side for a coin Vircurex seems to be the place to do it.

As long as they are accepting bitcoin deposits, that is. The big problem at Vircurex lately for me has been the last time I put in bitcoins they still have not shown up in my account so I have not been able to replenish the buy-side order-books so merged mined SHA256 coins have been dropping everywhere. Last time that happened they fixed the deposit daemon or whatever the problem was eventually - after several days - but this time it is stretching into weeks and the bitcoins still have not arrived.

On the bright side this means I have been picking up coins at lower than expected prices due to inability to continue replenishing higher priced buy offers.

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March 26, 2015, 09:43:03 AM
 #5

I used to trade these when they were 3-4k sats. Forgot they even existed. Don't think I will buy any more now though.

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markm
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March 26, 2015, 11:49:40 AM
 #6

3 to 4 k ? When the heck was that? I thought about 300 or so satoshis was their peak, maybe 320 or something like that.

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develCuy (OP)
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March 26, 2015, 04:07:36 PM
 #7

3 to 4 k ? When the heck was that? I thought about 300 or so satoshis was their peak, maybe 320 or something like that.

-MarkM-


I think there is confusion between DGC and DVC.

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bitrev
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March 26, 2015, 04:45:41 PM
 #8

Where is that something big?

http://forum.devcoin.org/

With all due respect but their forum/coin seems dead..
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March 27, 2015, 01:20:44 AM
 #9

Where is that something big?

http://forum.devcoin.org/

With all due respect but their forum/coin seems dead..


I didn't even know there was a forum subdomain at devcoin.org.

One of the DeVCoin projects is coinzen.org, I thought most DeVCoin discussion has been there for a long time now.

You can still argue that it isn't a highly active forum I suppose but it isn't dead.

I wonder who set up the one at devcoin.org and when? I don't recall what was going on back before coinzen was set up.

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March 27, 2015, 09:02:11 PM
 #10

One of the main problems with DVC was the distribution schema. Most of the time only writers got the reward. There is no solid payment mechanism for other open source goods like coding , making images or videos. I dont mean there was no payment but writing was always easy for getting share rather than coding or making videos.

Also there was controlling problem.

Anyway the idea was good and still good. But it needs more and more restructuring of the organization. Some extra dedicated projects for Devcoin marketing and also a good development team are needed for wake up.
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March 27, 2015, 10:03:06 PM
 #11

Thank you,but l have not satoshi for buying..but thanks anyway..
develCuy (OP)
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March 29, 2015, 06:09:40 AM
 #12

So the coin touched 3 satoshis for enough time to make +30% profits! Since it quickly went up to 4 satoshis, so the few ones that bought at 3 and sold at 4 are smiling.

By the way, there is still a great chance to make 25% or more since the coin is selling at 5 satoshis and there is a good change for it to touch 6 satoshis. It is up to you to take the opportunity!

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March 29, 2015, 11:53:02 AM
 #13

I think devcoin will keep dropping as the supply is just too much.
I don't like coins with so much supply. It is difficult for the altcoin to rise in value.

     

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March 29, 2015, 01:53:05 PM
 #14

I disagree with you about the inflation rate. Inflation rate is currently (nearly )same as LTC.

After 210,000 blocks the block reward will not reduce.
Is it a big problem or main problem with DVC? I think , its not.
Lets look at DOGE  there are nearly 100 billion coin which produced in 14-15 months. In case of DVC, there are nearly 9 billion coins ( or tokens) which produced in nearly 3.5 years. And price of DVC is just 1/15th of 1 DOGE.

I believe  main problem with DVC is the organization problem (and also distribution problem but not big as organization). HunterBunter posted a message to the DVC thread last week. Hopefully, If the organization becomes more decentralised and more responsible people take over the project then the price will rise again. More importantly, DVC gains more community.
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March 29, 2015, 01:58:10 PM
 #15

The current value of DVC is 4 satoshis, and is going down to 3. At first sight it means that nobody wants it, but if we carefully check their community, it looks like they are preparing something big. So it is a good time to buy DVC! Buy cheap sell high = WIN

What is this "big" thing they're preparing for? Or is it just fantasy?
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April 04, 2015, 02:45:20 AM
 #16

The current value of DVC is 4 satoshis, and is going down to 3. At first sight it means that nobody wants it, but if we carefully check their community, it looks like they are preparing something big. So it is a good time to buy DVC! Buy cheap sell high = WIN

What is this "big" thing they're preparing for? Or is it just fantasy?

We are restructuring the community and the way Devcoins are distributed, encouraging participation and promoting the use of Devcoin for real, not just trading.

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April 17, 2015, 06:24:01 PM
 #17

More info about DVC restructuring: https://bitcointalk.org/index.php?topic=233997.msg11069460#msg11069460

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April 24, 2015, 06:10:15 PM
 #18


I posted DVC thread about signature campaign but got no response. Are you sure about restructuring?

I want to help by operating  a signature campaign but I think it needs more time and effort for restructuring.
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April 24, 2015, 06:30:02 PM
 #19

Use a couple of hundreds of dollars and bring the price to the moon Grin Seriously, I followed Devcoin community and development for some time. The devs promised some much good features over the time and nothing happened. I think it is just another promise that will not be come...

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April 24, 2015, 10:44:24 PM
 #20

Use a couple of hundreds of dollars and bring the price to the moon Grin Seriously, I followed Devcoin community and development for some time. The devs promised some much good features over the time and nothing happened. I think it is just another promise that will not be come...

Perhaps this is the best idea Smiley. Development is slow, marketing is non-existent, services are scarce, exchange rates are something next to zero. Apart for speculation I don't see why should anyone go for it. I like the concept, and like the coin (I still have a couple of millions) but without real-life services it will slowly fade out of all exchanges.
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