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Author Topic: [DVC]DevCoin - Official Thread - Moderated  (Read 949274 times)
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tayfun73
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December 27, 2014, 08:35:32 AM
 #6121

I have posted about this issue in on the coinzen site, however unfortunately due to the tumbleweeds what seem to drift through there, i am posing the same question here:

Do the devs of devcoin have plans to remove a certain individual from the dev team who has scammed his customers to the tune of 2.5 million dollars? And if not, it would be great to know why. I also referenced some news websites etc which seems to have been removed.


Take him to court and prove it... Syscoin suing ryan kennedy y cant you? Maybe then well look at it

Lol are you serious? The matter is being taken to court, it is pretty black and white. He took payments for hardware and has now disappeared. Head in the sand much?
Can you link to some discussion about legal proceedings?

I put these links on coinzen but they were removed for some reason. Please see below:


Details of lawsuit
https://litecointalk.org/index.php?topic=22912.msg230377#msg230377

News article
http://www.coindesk.com/florida-group-faces-fraud-charges-alleged-altcoin-pump-dump/

And here is nearly 600 pages of how the whole thing unfolded
https://litecointalk.org/index.php?topic=2702.8355


I am sure he can keep hosting your sites while he is in jail though, so i think you are sweet.

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sidhujag
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December 27, 2014, 03:37:29 PM
 #6122

When he is found guilty by verdict im sure any of us associations here will be severed. Until then he is innocent. You can offer a replacement and if he agrees we can swap positions?
tayfun73
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December 28, 2014, 12:55:47 AM
 #6123

When he is found guilty by verdict im sure any of us associations here will be severed. Until then he is innocent. You can offer a replacement and if he agrees we can swap positions?

Fair enough. It is up to you now if you still wish to work with this individual on an ethical project. This embodies all that is wrong in the crypto world, it seems it is fair game to scam people as long as it does not affect their own agendas. People like this need to be outed and shunned so that it discourages similar acts in the future, however unfortunately it seems to always be the fault of the people who got taken for a ride.

Scum like this guy used his former good reputation and people trusted him however he has now done a runner with over two million dollars. Yet you have the nerve to make snide comments to myself when i am merely trying to protect this project rather than accept the issue. Is he the only guy on the planet that can help with the project? I would kindly help if i had the necessary skills and experience.
sidhujag
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December 28, 2014, 04:17:55 AM
 #6124

I doubt he really cares all for devcoin since he hasnt posted since devcoin was over a few hundred satoshis... Again I cant say he is guilty.. and its not life or death that he continues with this project but we do need a replacement so if you focused your effort in that maybe we wouldnt be having this conversation.. Gluck hope you recover some of your lost funds.
OleOle
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December 28, 2014, 07:44:57 AM
Last edit: December 28, 2014, 07:55:42 AM by OleOle
 #6125

Is there any truth in the rumour that more decimal places after the point are going to be provided for Devcoin so that a more realistic market rate for the currency can be established?

Although that is an artful solution to an overvalued altcoin, it hardly seems a plausible likelihood in this instance.

 Huh





weisoq
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December 28, 2014, 04:06:21 PM
 #6126

i think some of the payment scripts may be broken..... i have a user i signed up who has written several articles over the last few months... and he has yet to see a "devdime"...... and with the current price of devcoin (4 satoshis... really?Huh??) something really needs to be fixed......
Some of us explained what needed to be changed months if not years ago, why and what would happen otherwise; only to be dismissed as wrong for all manner of reasons, or just ignored. As Nova says, hopefully the changes to generation allocation will make a difference pushing the price up with positive feedback generally but there was no reason for it to be made this problematic in the first place beyond economic ignorance and misguided personal greed. Devcoin is still a great idea and there's a lot of value in a proper implementation of the concept. That requires everybody looking beyond their own best case at any particular point towards what it's meant to be about and how to achieve it, and at all levels of those involved in admin where I don't know what's happening with signups.

tayfun - no head in the sand here, but I haven't heard from jasinlee in months and I'm not an admin or dev in a position to address it.
unclejed613
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December 28, 2014, 05:54:41 PM
 #6127

i came in as a writer, but later signed on as a signup admin because i believed in this project.... but i am somewhat dismayed at 1)at least one or more peopl i signed up have yet to be paid after 6 months.... 2)my payment as a signup admin has decreased from 5 shares to 1 share..... and 3) the price has been allowed to drop so far (i actually tried on a few occasions to boost it (somewhat successfully in a few instances))... that the return for even a few minutes of my time helping out new signups is now a burden rather than a profession.....  i will continue to help people sign up because i believe in the overall principle behind devcoin.... but there must be some changes made that make sense.... or it becomes a house of cards.....


i run a website where i write about serious political issues.... and currently i get more enjoyment from people visiting it than working for devcoins..... i really think devcoin has a lot of creativity it could bring to the world.... but some things need to drastically change for this to happen.... i'm still here and willing to do whatever i can to help.....
sidhujag
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December 28, 2014, 06:05:19 PM
 #6128

Is there any truth in the rumour that more decimal places after the point are going to be provided for Devcoin so that a more realistic market rate for the currency can be established?

Although that is an artful solution to an overvalued altcoin, it hardly seems a plausible likelihood in this instance.

 Huh





no
sidhujag
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December 28, 2014, 06:08:03 PM
 #6129

unclejed can you tell hunterbunter to look into it? With latestchAnges it may boost value.. although I liked the idea of burning based on demand better
psybits
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December 28, 2014, 07:38:30 PM
 #6130

Devcoin inflation is too high.

Fork it and cut the monthly receiver files output by 90% going forward and watch Devcoin become valuable again Wink 20 million added per month instead of 200 million would be a start in the right direction.

unclejed613
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December 29, 2014, 02:17:59 AM
 #6131

i don't think the production rate has as much to do with value as much as usefulness.... i joined this endeavor because i see the useful value of the idea.... as a certain character in a wonderful film "V" said "Ideas are bulletproof....." Yes, i think ideas are bulletproof..... but the ideas need a platform... and i'm still hoping devtome can provide such a platform.... but some changes must be made before it's basis (devcoin) disappears.....  i didn't get in on the "ground floor" but i have a good clue what the "idea" behind devcoin should be..... i'm not a "natural" at writing, but with practice and a lot of different life experience have developed a "feel" for it.... in normal life i am somewhat of a geek with marginal autism..... i'm a bit of a contradiction... i have poor "people skills" but i can explain to non-technical people a lot of technical concepts in plain language and they can understand it (and that's part of my "day job").....  i also have strong beliefs about self expression and freedom (both commodities are in short supply these days).... and see devcoin as a way to further these values... freedom needs an outlet... devtome could be that outlet... and devcoin can reward creative people in a somewhat tangible form.... if it's not left to fail.....
sidhujag
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December 29, 2014, 03:10:59 AM
 #6132

Devcoin inflation is too high.

Fork it and cut the monthly receiver files output by 90% going forward and watch Devcoin become valuable again Wink 20 million added per month instead of 200 million would be a start in the right direction.
I had proposed a dynamic inflation rate based on number of reciever entries per month.. but it was shutdown.. we are putting coins in a fund instead now so it will reduce coins to people
but they are still there in a fund
novacadian
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December 29, 2014, 04:54:45 AM
 #6133

i don't think the production rate has as much to do with value as much as usefulness.... i joined this endeavor because i see the useful value of the idea.... as a certain character in a wonderful film "V" said "Ideas are bulletproof....." Yes, i think ideas are bulletproof..... but the ideas need a platform... and i'm still hoping devtome can provide such a platform.... but some changes must be made before it's basis (devcoin) disappears.....  i didn't get in on the "ground floor" but i have a good clue what the "idea" behind devcoin should be..... i'm not a "natural" at writing, but with practice and a lot of different life experience have developed a "feel" for it.... in normal life i am somewhat of a geek with marginal autism..... i'm a bit of a contradiction... i have poor "people skills" but i can explain to non-technical people a lot of technical concepts in plain language and they can understand it (and that's part of my "day job").....  i also have strong beliefs about self expression and freedom (both commodities are in short supply these days).... and see devcoin as a way to further these values... freedom needs an outlet... devtome could be that outlet... and devcoin can reward creative people in a somewhat tangible form.... if it's not left to fail.....

Good points Unclejed. One things that could really give a boost to DevTome is to give submissions a rating. If we had an PG rated and R rated pair of databases to draw from them we could go with more mainstream revenue streams like ad sense. The revenues would vastly increase. My suggestion on this theme in the forum was to have a darknet version and an open web version. The open web version being ad sense compliant as to content and the darknet using the present advertising stream.

That may be seen as bending to the man, in terms of censorship. If that is the common opinion then we simply hunker along until traffic increases the present revenue stream through brute force.

- Nova

DVC Address : 1EfsiVUECqmR5Qx7C4PkmwadDXYuSGzssL
novacadian
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December 29, 2014, 04:55:10 PM
Last edit: December 29, 2014, 05:22:42 PM by novacadian
 #6134

When trying to access the http://coinzen.org forum a page https://www.facebook.com/ is showing up instead. They are both at 31.13.71.128 so coinzen.org may have been hijacked. Anyone else having the same problem?

- Nova

P.S. coinzen.com can still be used.

DVC Address : 1EfsiVUECqmR5Qx7C4PkmwadDXYuSGzssL
weisoq
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December 29, 2014, 05:51:25 PM
 #6135

When trying to access the http://coinzen.org forum a page https://www.facebook.com/ is showing up instead. They are both at 31.13.71.128 so coinzen.org may have been hijacked. Anyone else having the same problem?

- Nova

P.S. coinzen.com can still be used.
No I don't get that, and 162.243.248.20
unclejed613
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December 29, 2014, 11:24:58 PM
 #6136

When trying to access the http://coinzen.org forum a page https://www.facebook.com/ is showing up instead. They are both at 31.13.71.128 so coinzen.org may have been hijacked. Anyone else having the same problem?

- Nova

P.S. coinzen.com can still be used.

it could be a DNS glitch either from your provider or whatever DNS sever you use. i use 2 DNS servers... OpenDNS as well as a private one (instead of the one my internet provider runs)... and i have had far fewer such glitches as a result....
novacadian
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December 30, 2014, 05:06:17 AM
 #6137

When trying to access the http://coinzen.org forum a page https://www.facebook.com/ is showing up instead. They are both at 31.13.71.128 so coinzen.org may have been hijacked. Anyone else having the same problem?

- Nova

P.S. coinzen.com can still be used.

it could be a DNS glitch either from your provider or whatever DNS sever you use. i use 2 DNS servers... OpenDNS as well as a private one (instead of the one my internet provider runs)... and i have had far fewer such glitches as a result....

Thanks for that insight Unclejed. The eastern European spammers have been soo fierce a battle on the forum that it had been my thought that they may have resorted to a crack out of frustration. There was one offer of bribery to go away, so perhaps they are weakening. They didn't offer to take DVC or else it may have been tempting. Smiley

- Nova

DVC Address : 1EfsiVUECqmR5Qx7C4PkmwadDXYuSGzssL
sidhujag
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December 30, 2014, 08:06:34 AM
 #6138

Devcoin inflation is too high.

Fork it and cut the monthly receiver files output by 90% going forward and watch Devcoin become valuable again Wink 20 million added per month instead of 200 million would be a start in the right direction.

That's the reason I don't follow this coin anymore. It's such a nice project. You should give 100 million each month out to new customers for free, to ebay, wikipedia, non profit organisation, etc, and make them circulate. You will see that the millions left will have a value much greater than now.
This coin will be killed by greediness.
we can do that with new format set to start this round
OleOle
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December 30, 2014, 01:43:56 PM
 #6139

Do it and I will start to follow this coin again. Smiley
Let me know. It's 1 year I don't follow this coin. Any other news I missed?


There's nothing you've missed. A quick look at the gradual tending-toward-zero of the DVC price chart will fully inform you of all the happenings. After all, we have to assume that all the information is priced into the market and I think it's very fair to say that the Devcoin guys have done a great job with information sharing, building co-operation across all parties and being open and flexible with participants, investors and interested groups. When circumstances change or a reason can be figured out as to why people might want to buy DVC on exchanges, then the demand/supply imbalance might be addressed opening the possibility of an upward trajectory in the price of the coin.

  Smiley




sidhujag
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December 30, 2014, 05:23:57 PM
 #6140

Do it and I will start to follow this coin again. Smiley
Let me know. It's 1 year I don't follow this coin. Any other news I missed?


There's nothing you've missed. A quick look at the gradual tending-toward-zero of the DVC price chart will fully inform you of all the happenings. After all, we have to assume that all the information is priced into the market and I think it's very fair to say that the Devcoin guys have done a great job with information sharing, building co-operation across all parties and being open and flexible with participants, investors and interested groups. When circumstances change or a reason can be figured out as to why people might want to buy DVC on exchanges, then the demand/supply imbalance might be addressed opening the possibility of an upward trajectory in the price of the coin.

  Smiley




since you already know it maybe you can be kind enough to explain the new format ? With it comes the ability to do what deadsea said so maybe you can infer on how this is possible. Thanks
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