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Author Topic: [DVC]DevCoin - Official Thread - Moderated  (Read 591285 times)
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markm
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July 17, 2013, 05:18:40 AM
 #441

//Stuff here

So where does the value of <400k DVC per BTC come from, when the value has been above a million for quite some time?

Yeah I ask myself that too. I used to go through bouts of paranoia a lot that some bug in some script somewhere was making the entire edifice of valuation stuff totally out of whack somewhere.

Presumably though it is a simple and pretty direct consequence of who-ever usually took care of arbitraging that pair across those exchanges or families/collections of exchanges was on vacation or something. Like maybe there aren't really a whole lot of Vircurex BTC/DVC / Vircurex DVC/BTC folk active regularly who also regularly keep in touch with Galactic Milieu players who are interested in BTC or DVC.

Like really only General Financial Corp, General Mining Corp and General Retirement Funds encounter DVC much in the course of play, so only their staff or maybe the miners who sell to GMC or GRF who also have devcoin-denominated loans from GFC have any reason to maybe even pay much attention to the fact that such things as devcoins even exist, let alone such things as bitcoins (like what do bitcoins have to do with anything, really? The "Hacker" nation purported to use bitcoins as its national currency is widely regarded as a mythical civilisation the Martians invented so as to pretend the Martians didn't invent blockchain technology but actually got it from someone else...)

-MarkM-

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hennessyhemp
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July 17, 2013, 05:18:39 PM
 #442

I don't really know much about charts...but from the looks of DVC on Cryptocoincharts...we may have just touched the bottom.  I hope that you are correct in thinking the big sellers have all been left with far less DVC...and we can return to massive gains on a very cool coin project, that could very much shape the future of many other bitcoin related projects. 

I do own a little, so it's in my best interest for it to rise...but seriously, I like the looks of the chart...last time we were about here there was a massive spike in value.

Please add more BTC here (my son will apprecciate it when he's older): 14WsxbeRcgsSYZyNSRJqEAmB1MKAzHhsCT
best_btc
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July 17, 2013, 05:31:32 PM
 #443

If we all just took 5 min a day to write and request mtgox, btc-e, and all the rest where there is no DVC yet, to add it, it could really make a difference. really more then just sitting anxious and hoping for the price to rise from doing nothing.
Write them NOW!
I wrote already to BTC-e support to add DVC (again). you all should write them too, let our voices be heard:
http://hdbtce.kayako.com/
and also Mtgox:
https://support.mtgox.com/home
https://twitter.com/MtGox


XRP:  rNnou9B7snYUPPQdH9KP4D9JQ7EJXTKN4G
BTC:  1ELy69CQ8u77qYvjgfZBFxcyNNyrtcQFFR
I wrote already to BTC-e, Mtgox support to add DVC (again). you all should write them too, let our voices be heard:
 http://hdbtce.kayako.com/
and also Mtgox:
https://twitter.com/MtGox
https://support.mtgox.com/home
ranlo
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July 17, 2013, 06:24:52 PM
 #444

If we all just took 5 min a day to write and request mtgox, btc-e, and all the rest where there is no DVC yet, to add it, it could really make a difference. really more then just sitting anxious and hoping for the price to rise from doing nothing.
Write them NOW!
I wrote already to BTC-e support to add DVC (again). you all should write them too, let our voices be heard:
http://hdbtce.kayako.com/
and also Mtgox:
https://support.mtgox.com/home
https://twitter.com/MtGox



Done!

Unichange.me
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hennessyhemp
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July 17, 2013, 06:32:39 PM
 #445

If we all just took 5 min a day to write and request mtgox, btc-e, and all the rest where there is no DVC yet, to add it, it could really make a difference. really more then just sitting anxious and hoping for the price to rise from doing nothing.
Write them NOW!
I wrote already to BTC-e support to add DVC (again). you all should write them too, let our voices be heard:
http://hdbtce.kayako.com/
and also Mtgox:
https://support.mtgox.com/home
https://twitter.com/MtGox



I'm game...might try the "Write for Devcoins" stuff as well!  I am totally down to write about them...though I know very little technical stuff about cryptocoins.

Has everyone seen the LTC/DVC option at Cryptsy?  Seems like an arbitrage opportunity in there somewhere when combined with BTC/LTC, and BTC/DVC on vircurex.

Please add more BTC here (my son will apprecciate it when he's older): 14WsxbeRcgsSYZyNSRJqEAmB1MKAzHhsCT
ranlo
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July 17, 2013, 06:36:59 PM
 #446

If we all just took 5 min a day to write and request mtgox, btc-e, and all the rest where there is no DVC yet, to add it, it could really make a difference. really more then just sitting anxious and hoping for the price to rise from doing nothing.
Write them NOW!
I wrote already to BTC-e support to add DVC (again). you all should write them too, let our voices be heard:
http://hdbtce.kayako.com/
and also Mtgox:
https://support.mtgox.com/home
https://twitter.com/MtGox



I'm game...might try the "Write for Devcoins" stuff as well!  I am totally down to write about them...though I know very little technical stuff about cryptocoins.

Has everyone seen the LTC/DVC option at Cryptsy?  Seems like an arbitrage opportunity in there somewhere when combined with BTC/LTC, and BTC/DVC on vircurex.

The LTC/DVC price on Cryptsy is over 2x what it should be. Unless you mean trading DVC for BTC on Virc, then taking the BTC to Cryptsy and trading it for LTC, then taking the LTC to BTC-E to trade to BTC and doing a circle like that, lol.

Unichange.me
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weisoq
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July 17, 2013, 06:54:21 PM
 #447

It's just quoted the other way round. dvc/ltc = (dvc/btc) / (ltc/btc) = where it's priced on cryptsy

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hennessyhemp
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July 17, 2013, 06:56:49 PM
 #448

Any three pairs that interconnect will do...and rinse and repeat.  I may have to give this a go a little later, see how it works.

It's all about margins and making more than the fees + withdrawal fees...plus SPEED...gotta be as fast as possible on the trades.  Makes me think DGC will be fun to flip once it hits more markets, faster withdrawals would make for much better arbitrage opportunities.

Also, you can create bots to do all this for you on a script.  I would love to learn more about how to use a bot for trades, but I'm pretty sure you want to build your own rather than trust anyone else's, which means I'll have to learn how to build one first.

Markm's image is an excellent way of thinking about the arbitrage process visually.

Please add more BTC here (my son will apprecciate it when he's older): 14WsxbeRcgsSYZyNSRJqEAmB1MKAzHhsCT
ranlo
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July 17, 2013, 07:02:57 PM
 #449

It's just quoted the other way round. dvc/ltc = (dvc/btc) / (ltc/btc) = where it's priced on cryptsy

I mean... what I did is take:

LTC/BTC = 32 (it was 0.031 or so the last time I checked)
DVC/BTC = 1.2 mil when I checked
DVC/LTC*32 = it was like 2 million

Unichange.me
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weisoq
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July 17, 2013, 07:11:37 PM
 #450

It's just quoted the other way round. dvc/ltc = (dvc/btc) / (ltc/btc) = where it's priced on cryptsy

I mean... what I did is take:

LTC/BTC = 32 (it was 0.031 or so the last time I checked)
DVC/BTC = 1.2 mil when I checked
DVC/LTC*32 = it was like 2 million
That would work, except 1.2m implies a dvc/btc of 0.00000083

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hennessyhemp
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July 17, 2013, 07:22:50 PM
 #451

I just need to post more in the forums to get smart people to do the math for me more often!

It's just quoted the other way round. dvc/ltc = (dvc/btc) / (ltc/btc) = where it's priced on cryptsy

I mean... what I did is take:

LTC/BTC = 32 (it was 0.031 or so the last time I checked)
DVC/BTC = 1.2 mil when I checked
DVC/LTC*32 = it was like 2 million
That would work, except 1.2m implies a dvc/btc of 0.00000083

Basically you just convert it three times to something different, if it comes back that you've lost money on a calculator...reverse the direction...if the spread is better than the fees for withdrawal and exchange transaction fees combined any overage is how much you will make by playing coin leap frog.


Please add more BTC here (my son will apprecciate it when he's older): 14WsxbeRcgsSYZyNSRJqEAmB1MKAzHhsCT
weisoq
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July 17, 2013, 07:24:16 PM
 #452

I'm game...might try the "Write for Devcoins" stuff as well!  I am totally down to write about them...though I know very little technical stuff about cryptocoins.

Has everyone seen the LTC/DVC option at Cryptsy?  Seems like an arbitrage opportunity in there somewhere when combined with BTC/LTC, and BTC/DVC on vircurex.
You don't have to write about devcoins. Have a look at www.devtome.com - work in progress but should give you a better idea.
On the dvc/ltc arbitrage - if you want to save some coin I recommend you run through it on paper first...

Earn Devcoins by Writing | Devcoin Video
1EQp2cs2qtsnoRFuPvaqxxZLnmFcA6JS3G
hennessyhemp
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July 17, 2013, 07:29:58 PM
 #453

I'm game...might try the "Write for Devcoins" stuff as well!  I am totally down to write about them...though I know very little technical stuff about cryptocoins.

Has everyone seen the LTC/DVC option at Cryptsy?  Seems like an arbitrage opportunity in there somewhere when combined with BTC/LTC, and BTC/DVC on vircurex.
You don't have to write about devcoins. Have a look at www.devtome.com - work in progress but should give you a better idea.
On the dvc/ltc arbitrage - if you want to save some coin I recommend you run through it on paper first...

Yep...on paper first with a calculator handy.  Also noting the exchange fees and withdrawal fees would be wise.

Sweet...so I just pick a topic and write about it...sort of the Wiki of Cryptos in that regard!

Very nice...looks like I should dust off some of my hemp papers from my college course!

Please add more BTC here (my son will apprecciate it when he's older): 14WsxbeRcgsSYZyNSRJqEAmB1MKAzHhsCT
hotcoldcoin
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July 17, 2013, 07:36:51 PM
 #454

Sweet...so I just pick a topic and write about it...sort of the Wiki of Cryptos in that regard!

Sweet perhaps, but the system totally lacks any quality control.  You can put pretty much anything on devtome as "writing" and get shares for it.   It's a shame the project is failing in that regard.    


weisoq
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July 17, 2013, 07:42:58 PM
 #455

I'm game...might try the "Write for Devcoins" stuff as well!  I am totally down to write about them...though I know very little technical stuff about cryptocoins.

Has everyone seen the LTC/DVC option at Cryptsy?  Seems like an arbitrage opportunity in there somewhere when combined with BTC/LTC, and BTC/DVC on vircurex.
You don't have to write about devcoins. Have a look at www.devtome.com - work in progress but should give you a better idea.
On the dvc/ltc arbitrage - if you want to save some coin I recommend you run through it on paper first...

Yep...on paper first with a calculator handy.  Also noting the exchange fees and withdrawal fees would be wise.

Sweet...so I just pick a topic and write about it...sort of the Wiki of Cryptos in that regard!
Pretty much - it's broad in terms of fiction and non-fiction, and opensource. Articles on cryptos generally are popular, so I suppose a prosepctive wiki of cryptos is one way of looking at it, eg. http://devtome.com/doku.php?id=e-currency

Earn Devcoins by Writing | Devcoin Video
1EQp2cs2qtsnoRFuPvaqxxZLnmFcA6JS3G
hennessyhemp
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July 17, 2013, 07:58:08 PM
 #456

Pretty sure I need the devcoin font...how awesome is that.  

I'm the kind of geek that thought the documentary Helvetica was interesting.  How many signs have you read today in Helvetica?

Please add more BTC here (my son will apprecciate it when he's older): 14WsxbeRcgsSYZyNSRJqEAmB1MKAzHhsCT
ranlo
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July 17, 2013, 08:30:24 PM
 #457

I got a response back from BTC-e already. Here it is in its entirety:

----
no

Ticket Details
Ticket ID: IDR-846-75570

Unichange.me
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ranlo
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July 17, 2013, 08:32:53 PM
 #458

Sweet...so I just pick a topic and write about it...sort of the Wiki of Cryptos in that regard!

Sweet perhaps, but the system totally lacks any quality control.  You can put pretty much anything on devtome as "writing" and get shares for it.   It's a shame the project is failing in that regard.   



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.

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July 17, 2013, 08:46:54 PM
 #459

I got a response back from BTC-e already. Here it is in its entirety:

----
no

Ticket Details
Ticket ID: IDR-846-75570
i know... i guess the admins have to forward the decision made above them. but i am pretty sure they also have to give statistics on the requests, and if "dvc adding" is ranking high, it might turn the dime... lets keep pushing every day!!!

XRP:  rNnou9B7snYUPPQdH9KP4D9JQ7EJXTKN4G
BTC:  1ELy69CQ8u77qYvjgfZBFxcyNNyrtcQFFR
I wrote already to BTC-e, Mtgox support to add DVC (again). you all should write them too, let our voices be heard:
 http://hdbtce.kayako.com/
and also Mtgox:
https://twitter.com/MtGox
https://support.mtgox.com/home
ranlo
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July 17, 2013, 08:49:48 PM
 #460

I got a response back from BTC-e already. Here it is in its entirety:

----
no

Ticket Details
Ticket ID: IDR-846-75570
i know... i guess the admins have to forward the decision made above them. but i am pretty sure they also have to give statistics on the requests, and if "dvc adding" is ranking high, it might turn the dime... lets keep pushing every day!!!

I hope it does something. I've gotta be honest... just having the only response given as "no" is disheartening for a business. They could at least take the time to send a proper response, even if it's a pre-written one. This doesn't make me feel too confident about their company/website at all.

Unichange.me
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