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Author Topic: [DVC]DevCoin - Official Thread - Moderated  (Read 665272 times)
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markm
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December 11, 2016, 01:50:27 AM
 #6741

I didn't have the time to read everything in depth, but do you really think it may have an effect on DVC? (actual question, I don't know at all)

There is certainly a lot of potential to affect DVC prices, but a lot does depend on policies.

A really big factor is the huge amount of debt that is denominated in DeVCoins. Now that the "official" value of DeVCoins based on actual trade on exchanges has dropped from about 3 satoshis to about a third of a satoshi thanks to no longer having a DVC/BTC market and using DVC/CNY and DVC/LTC markets instead, all that debt has dropped in value massively. But, that also has massively increased interest in paying off those debts fast while DVC to pay them with is dirt cheap.

The thing is, the debt is massive, it uses DVC as a "unit of account" without thinking about how many DVC actually exist, so the total debt is many many times as much as all the DeVCoins that currently exist, heck it is more than WILL exist for decades.

That though is why policy has been to accept payment of those debts using other currencies, based on the "current rates" file found at http://galaxies.mygamesonline.org/latestrates.inc

If lenders actually insisted that debts only be repaid using actual DeVCoins, wow that would put insane pressure on DVC prices! Smiley

-MarkM-

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December 14, 2016, 07:23:21 AM
 #6742

Since some people still do not really understand the Galactic Milieu project that all these coins and assets interact within, I made an explanatory post at

https://bitcointalk.org/index.php?topic=1616394.msg17178364#msg17178364

-MarkM-

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December 23, 2016, 01:07:18 AM
 #6743

Sorry I changed the password on the db and had not updated the devcointalk password a few weeks ago.  But

http://devcointalk.org/index.php

Is still up and running and good for use Smiley

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December 26, 2016, 02:47:57 PM
 #6744

An off topic post here. Thought I would mention to various coins that mergemining.com has included them in the pool groupings for auxpow. Not sure how many pools there are. May or may not be welcome news. Hopefully welcome. Smiley
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January 05, 2017, 05:51:33 PM
 #6745

Are any exchanges still trading the Devcoin?  It appears that Bter has delisted Devcoin.


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January 11, 2017, 02:00:06 PM
 #6746

An off topic post here. Thought I would mention to various coins that mergemining.com has included them in the pool groupings for auxpow. Not sure how many pools there are. May or may not be welcome news. Hopefully welcome. Smiley
That's great

Are any exchanges still trading the Devcoin?  It appears that Bter has delisted Devcoin.
I don't think it has been delisted
https://bter.com/trade/dvc_ltc

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January 11, 2017, 05:35:54 PM
 #6747

An off topic post here. Thought I would mention to various coins that mergemining.com has included them in the pool groupings for auxpow. Not sure how many pools there are. May or may not be welcome news. Hopefully welcome. Smiley
That's great

Are any exchanges still trading the Devcoin?  It appears that Bter has delisted Devcoin.
I don't think it has been delisted
https://bter.com/trade/dvc_ltc

Look near the top of that page ... "DVC-LTC is delisted"

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January 11, 2017, 06:19:38 PM
 #6748

Devcoin is still trading at vircurex, and seems to be regularly generating 0.2 btc volume. This exceeds a monthly turnover of yobit by a considerable margin.

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January 11, 2017, 07:24:46 PM
 #6749

Devcoin is still trading at vircurex.....

No it isn't - Devcoin was delisted from Vircurex on 31st May 2016 - as stated on their home page.

Do not trust Yobit scam exchange or shady ICO's run by known scam companies like HashCoins - they WILL steal from you:
https://translate.google.com/translate?u=https://bitnovosti.com/2017/06/28/stop-this-for-bitcoins-sake/
Always research & use due diligence before investing. If your questions aren't answered - don't touch it.
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January 11, 2017, 08:28:02 PM
 #6750

Devcoin is still trading at vircurex, and seems to be regularly generating 0.2 btc volume. This exceeds a monthly turnover of yobit by a considerable margin.

Not sure where this information supposedly comes from. ALL the coins TOGETHER on Vircurex account for less than 0.2. And as Icon pointed out, this hasn't been listed for many months now regardless.


 
 

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 




















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January 11, 2017, 09:08:23 PM
 #6751

Devcoin is still trading at vircurex, and seems to be regularly generating 0.2 btc volume. This exceeds a monthly turnover of yobit by a considerable margin.

Not sure where this information supposedly comes from. ALL the coins TOGETHER on Vircurex account for less than 0.2. And as Icon pointed out, this hasn't been listed for many months now regardless.

It comes from Vircures itself bro. The volume on VircurexVir has been much more higher than u thought but u didn't notice this for the reason that were busy learning about crypto. I don't know why u're so opinionated about vircurex volume, that exchange is one of the most prosperous platforms in existence, albeit sleepy.
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January 11, 2017, 10:33:17 PM
 #6752

Devcoin is still trading at vircurex.....

No it isn't - Devcoin was delisted from Vircurex on 31st May 2016 - as stated on their home page.

Im telling u its still there. I saw the tab with a devcoin name on it flickering at midnight. What a glimmering beauty.

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January 13, 2017, 04:17:04 PM
 #6753

Devcoin is still trading at vircurex.....

No it isn't - Devcoin was delisted from Vircurex on 31st May 2016 - as stated on their home page.

Im telling u its still there. I saw the tab with a devcoin name on it flickering at midnight. What a glimmering beauty.

Vircurex has DVC delisted: http://imgur.com/a/sh2bu

So is in bter: http://imgur.com/a/QicXE

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January 13, 2017, 11:50:23 PM
 #6754

Is there anyone still developing the coin?

Own address: 19QkqAza7BHFTuoz9N8UQkryP4E9jHo4N3 - Pywallet support: 1AQDfx22pKGgXnUZFL1e4UKos3QqvRzNh5 - Bitcointalk++ script support: 1Pxeccscj1ygseTdSV1qUqQCanp2B2NMM2
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January 15, 2017, 03:46:46 AM
 #6755

Is there anyone still developing the coin?
Noone has reached out to me so no

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January 15, 2017, 02:18:03 PM
 #6756

Is there anyone still developing the coin?
Noone has reached out to me so no

@sidhujag:  I wanted to suggest you actually, as I know you have worked on DVC in the past & so are familiar with it's workings, but figured you were too busy with SYS. Would you be interested - if you had the time?

Do not trust Yobit scam exchange or shady ICO's run by known scam companies like HashCoins - they WILL steal from you:
https://translate.google.com/translate?u=https://bitnovosti.com/2017/06/28/stop-this-for-bitcoins-sake/
Always research & use due diligence before investing. If your questions aren't answered - don't touch it.
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January 15, 2017, 03:13:44 PM
 #6757

Is there anyone still developing the coin?
Noone has reached out to me so no

@sidhujag:  I wanted to suggest you actually, as I know you have worked on DVC in the past & so are familiar with it's workings, but figured you were too busy with SYS. Would you be interested - if you had the time?
If i had time sure but not sure when that would be though

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January 23, 2017, 05:25:10 PM
 #6758

Is there anyone still developing the coin?
Noone has reached out to me so no

@sidhujag:  I wanted to suggest you actually, as I know you have worked on DVC in the past & so are familiar with it's workings, but figured you were too busy with SYS. Would you be interested - if you had the time?
If i had time sure but not sure when that would be though

The promise of a promise is better than nothing!


Our greatest weakness lies in giving up. The most certain way to succeed is always to try just one more time. Thomas A. Edison
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January 24, 2017, 04:52:39 AM
 #6759

Is there anyone still developing the coin?
Noone has reached out to me so no

@sidhujag:  I wanted to suggest you actually, as I know you have worked on DVC in the past & so are familiar with it's workings, but figured you were too busy with SYS. Would you be interested - if you had the time?
If i had time sure but not sure when that would be though

The promise of a promise is better than nothing!



If I would do it it would probably be starting the chain over with new functions and parameters because some people have been getting free coins for a long time.. I would not support the existing paradigm and I have had ideas on how to make it better but maybe thats just a new coin (one im not interested in making) but if it were to be DevCoin and community behind the new DVC rallied then perhaps it can happen one day. That might make the ones who hold most of the dvc unhappy but thats the sad reality. DVC was the one that I first came around to in crypto so that would be giving back.

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January 25, 2017, 06:41:05 AM
 #6760

DeVCoin is definitely still in use, and the Devtome was working too last time I went to post something there.

The big problem with the web-based public exchanges is they all need volume to operate (to cover their expenses), what would be really useful would be good secure reliable free open source coin-exchange software so that folks who actually use and hold a coin can run an exchange for it.

People who do not care about volume but, rather, about liquidity.

The difference being how many coins you COULD buy or sell at any given moment IF you chose to, instead of how many people actually DO happen to buy or sell in any given month or year.

Part of what made Open Transactions so attractive was the ability to have markets of any asset versus any asset, since assets used in games trade mostly with each other rather than mostly trading back and forth to/from fiat or bitcoin.

Once upon a time I looked into some software for Horizon (NHZ ak HZ) that was supposed to do a kind of gateway issuing tokens on receipt of coins on a blockchain and sending coins on a blockchain on receipt of tokens on the platform, but it might not be alive anymore and might not be ready for production use. But we could still issue HZDVC tokens on the HZ network allowing DVC to be used on that network, it is just that going from blackchain to platform and back is not automated thus will take human intervention thus will need to be either something not done often and done in large sums that make it worth the human operator's time to do them or be expensive, or both.

For example maybe I could find time to occasionally accept units of 100 millions of devcoins and issue tokens for them and to accept units of 100 millions of the tokens and issue coins on the blockchain for them, but it would be carzy for me to fart around with a few millions coins here and there back and forth. So a certain number of HZDVC would exist and an ever increasing (due to minting) number of bnlackcian based DVC would exist and occasionally a nation or corp or guild or clan or whatever would bail a few hundred million coins into the system and maybe, even more rarely, someone might cash out a few hundred million back onto the blockchain. It would be much nicer to have some automated gateway system though.

Maybe we need to offer bounties for gateway and free open source exchange code development?

-MarkM-


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