[DVC]DevCoin - Official Thread - Moderated

[Unthinkingbit]

Twobits made new builds, at:
http://dls.21stcenturymoneytalk.org/dls/devcoin/

He is also maintaining the source at:
https://gitorious.org/devcoin/devcoin/source/4e23c180945785c49bbab682b7f6c6e1eda29b05:

For this he is now a Source Administrator, and will get administrator pay as long as he maintains devcoin. The applicable links on the devcoin page:
http://www.devtome.com/doku.php?id=devcoin#download

now point to his work. If anyone finds an incorrect link in the download section, please message me.

..
Although I haven't used it, there is another online devcoin wallet at https://yacoin.com/coins which you can not only store devcoins in, but also bitcoin, litecoin, namecoin, ixcoin, feathercoin, bbqcoin, yacoin, and terracoin. It is a multiple coin wallet that deserves some attention, particularly as it includes devcoin.

Thanks for the info, I added a link to that at:
http://www.devtome.com/doku.php?id=devcoin#web

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[Vlad2Vlad]

I am waiting for the time devcoin will be 0.10 usd. A dream? Well, now there are in existence more the 5 billion dvc, at 0.10 usd each, the total value of devcoin would be 500 million usd, just a tiny fraction of fiat-based economy. Even if we continue to inject 250 million usd / year, it's not going to be a great deal.

Now, let's suppose one of us would be (or already is) in the position to organise a public conference in order to explain this coin to the  world, letting masses know about its existance. If you should tell someone that investing 100 usd now he could get 100.000 usd in a few years, and doing this would even support no profit and humanitarian projects, don't you think he would do it?
If your devcoin should be 1000 time the actual value, would you still care so much about the number of writers flocking in?
We can decide: just wait to get more chances to collect more devcoins, or do our utmost to attract new devcoiners now. One thing i know: the other altcoins are not waiting for us.

$.10 is a definite possibility and I think it's actually quite probable.

Given the illiquid nature of all alt-coins it wouldn't take a lot of interest to spike the price to $.10. 

A good example is Litecoin, it went up for no obvious reason from $.07 in January to over $3 in April.  And Namecoin jumped from $.001 to over $1 in April.  None had anything to offer other than the fact alt coins got a spike in awareness thanks to bitcoin jumping to $266.

It wasn't bitcoin which gave the biggest returns back in April but these other little coins which nobody talked about.  Likewise, I'm focusing my energy and investments on the little mostly ignored coins as I expect a repeat of what happened in April - the little coins which you expect the least from should return much more than the bigger coins which everyone seem to favor.

[smeagol]

Update!

You can now buy a $10 gift card without any fees, directly with devcoin!  $1 gift cards are not available at the moment.

http://dvc4giftcards.us/store.html

If you want to receive the bounty for buying and writing a review, I suggest you do it now!
"Also 2 shares for the first person who writes about a post at least 50 words long about buying the gift card from each business, and a one share award for the second person."

A question to Unthinkingbit: Once somebody buys a card, does this count towards "Three shares for a devcoin non mining business" as well?

Thank you!

[x^2]

Hello, Devcoiners!

I am the founder of the Parabola Project!  We are aiming to create an innovative new coin with multiple services on launch, such as stores, faucets, exchanges, and more!  To support that, we are creating a 5% dev fund, in which every 94th block has six times the coins, but 5/6 of those coins go to the dev wallet.  I have noticed that devcoin has the same thing, though with a 90% dev fund.  I am interested in the mechanism of that fund and how we can implement it into parabolas!

Thanks
xsquared

[Unthinkingbit]

Update!

You can now buy a $10 gift card without any fees, directly with devcoin!  $1 gift cards are not available at the moment.

http://dvc4giftcards.us/store.html

Great!

..
A question to Unthinkingbit: Once somebody buys a card, does this count towards "Three shares for a devcoin non mining business" as well?

I didn't think of that when I wrote the gift card bounty, it's ok by me. Three shares isn't really enough to start a business anyways, so I'd like to use up those bounties.

[wiser]

UnthinkingBit,

Would you consider a bounty for someone who sets up a solid business (and I like non-mining too ) and also creates a DVC-denominated security so that people can invest in their venture?

I'm not looking to get the bounty if it's offered, but I would like to buy a greater variety of DVC-denominated stocks.

If this idea takes off and a bunch of people do this, then it would also be worth someone setting up a DVC trading platform that is just like BTCT.co (maybe the creators would share their script?).

[Unthinkingbit]

Would you consider a bounty for someone who sets up a solid business (and I like non-mining too ) and also creates a DVC-denominated security so that people can invest in their venture?

There are already is one, although it's small:
http://devtome.com/doku.php?id=devcoin_bounty_now#non_mining_business

..
If this idea takes off and a bunch of people do this, then it would also be worth someone setting up a DVC trading platform that is just like BTCT.co (maybe the creators would share their script?).

You can already trade devcoin denominated stocks on vircurex, what more is required?

[smeagol]

Whoot!  Another update!

Both $1 and $10 are on sale, selling with NO fees!  Just hop on over to http://dvc4giftcards.us/store.html, buy a gift card and write your 50 word review!
The $1 gift card is only about 27,000 DVC.  The share award last round was 210,000 DVC, and you must be thinking of a good way to spend it!

"Two shares for the first person who writes about a post at least 50 words long about buying the gift card from (the amazon gift card) business, and a one share award for the second person."

[mistercoin]

Im still confused about devtome. (pardon my ignorance) but, last round started paying out at block 104000. I recieved 2 payments since then which totaled around 90000. Is this all I will be recieving for round 26? I wrote a nice bit, and if this is all I recieve, it doesnt even equal 1 share (Once again Pardon my ignorance). So I am confused. Can someone spread a bit of light on it for me?

Edit: also, I was looking at the round 26 word count CSV sheet. It says I have 5-  Word Count. What does that mean?   

[shakezula]

Im still confused about devtome. (pardon my ignorance) but, last round started paying out at block 104000. I recieved 2 payments since then which totaled around 90000. Is this all I will be recieving for round 26? I wrote a nice bit, and if this is all I recieve, it doesnt even equal 1 share (Once again Pardon my ignorance). So I am confused. Can someone spread a bit of light on it for me?

Edit: also, I was looking at the round 26 word count CSV sheet. It says I have 5-  Word Count. What does that mean?   

Shares are generated in 45K DVC chunks (one block of DVC= 50K coins - 5K for the miners = 45K for you). You'll get shares according to your addy placement in the receivers file. Every block that's created throughout round 26 will go to the addies in that list in order. You may get your full shares in just a few blocks or it could take all month to get all of them.

The 5 - Word count bit is how many shares you earned and what for. You earned 5 shares (which I believe are 5x45K chunks this round) so you'll get 25 payments of 45K DVC each as the month progresses.

[Vlad2Vlad]

A share was closer to 200K coins so 5 shares is about 1 million devcoins paid out in 45K chunks.

It's actually nice to get Paid everyday all month long.

[mistercoin]

Im still confused about devtome. (pardon my ignorance) but, last round started paying out at block 104000. I recieved 2 payments since then which totaled around 90000. Is this all I will be recieving for round 26? I wrote a nice bit, and if this is all I recieve, it doesnt even equal 1 share (Once again Pardon my ignorance). So I am confused. Can someone spread a bit of light on it for me?

Edit: also, I was looking at the round 26 word count CSV sheet. It says I have 5-  Word Count. What does that mean?   

Shares are generated in 45K DVC chunks (one block of DVC= 50K coins - 5K for the miners = 45K for you). You'll get shares according to your addy placement in the receivers file. Every block that's created throughout round 26 will go to the addies in that list in order. You may get your full shares in just a few blocks or it could take all month to get all of them.

The 5 - Word count bit is how many shares you earned and what for. You earned 5 shares (which I believe are 5x45K chunks this round) so you'll get 25 payments of 45K DVC each as the month progresses.

Ahh nice. Thank you for laying it out in easy terms lol.

[wiser]

There are already is one, although it's small:
http://devtome.com/doku.php?id=devcoin_bounty_now#non_mining_business

So it includes having a security associated with it?
..
If this idea takes off and a bunch of people do this, then it would also be worth someone setting up a DVC trading platform that is just like BTCT.co (maybe the creators would share their script?).

You can already trade devcoin denominated stocks on vircurex, what more is required?

I think you meant to say Cryptostocks, and you are right.  I just really prefer the BTCT.co setup.  It's cleaner, has far fewer glitches, keeps better records, has a nicer layout...  I'd love to see something like that just for DVC securities.  In the mean time I do use Cryptostocks for all my DVC investments.

[markm]

You can already trade devcoin denominated stocks on vircurex, what more is required?

How/where on Vircurex?

I have Vircurex open all the time, usually on the DVC/BTC page, but looking at all the links I can click from there I do not see anything about shares?

There are of course some dDVC-denominated assets on the Digitalis Open Transactions server, which seem to have been doing okay:

http://galaxies.mygamesonline.org/plotdvc.html
http://galaxies.mygamesonline.org/plotsharesindvc.html

http://galaxies.mygamesonline.org/indevcoins.html
http://galaxies.mygamesonline.org/sharesindvc.html

-MarkM-

[wiser]

You can already trade devcoin denominated stocks on vircurex, what more is required?

How/where on Vircurex?

I have Vircurex open all the time, usually on the DVC/BTC page, but looking at all the links I can click from there I do not see anything about shares?

There are of course some dDVC-denominated assets on the Digitalis Open Transactions server, which seem to have been doing okay:

http://galaxies.mygamesonline.org/plotdvc.html
http://galaxies.mygamesonline.org/plotsharesindvc.html

http://galaxies.mygamesonline.org/indevcoins.html
http://galaxies.mygamesonline.org/sharesindvc.html

-MarkM-

I'm sure UnthinkingBit meant Cryptostocks, which is run by the same group that runs Vircurex.  Thanks for the heads up about other DVC-denominated assets.  I will definitely check them out.  So far the only ones I've known about are the ones on Cryptostocks.

[Unthinkingbit]

..
So it includes having a security associated with it?

Any devcoin business, with or without a security.

You can already trade devcoin denominated stocks on vircurex, what more is required?

I think you meant to say Cryptostocks, and you are right.

Indeed I meant Cryptostocks.

I just really prefer the BTCT.co setup.  It's cleaner, has far fewer glitches, keeps better records, has a nicer layout...

Bounties are a blunt tool, only good for getting objective, easy to define requirements. Quality is subjective so bounties aren't suited for that.

[smeagol]

Whoot!  Another update!

Both $1 and $10 are on sale, selling with NO fees!  Just hop on over to http://dvc4giftcards.us/store.html, buy a gift card and write your 50 word review!
The $1 gift card is only about 27,000 DVC.  The share award last round was 210,000 DVC, and you must be thinking of a good way to spend it!

"Two shares for the first person who writes about a post at least 50 words long about buying the gift card from (the amazon gift card) business, and a one share award for the second person."

bump for buyers
0 customers so far

[x^2]

Hello, Devcoiners!

I am the founder of the Parabola Project!  We are aiming to create an innovative new coin with multiple services on launch, such as stores, faucets, exchanges, and more!  To support that, we are creating a 5% dev fund, in which every 94th block has six times the coins, but 5/6 of those coins go to the dev wallet.  I have noticed that devcoin has the same thing, though with a 90% dev fund.  I am interested in the mechanism of that fund and how we can implement it into parabolas!

Thanks
xsquared

I am still seeking assistance! 

[weisoq]

bump for buyers
0 customers so far

1 customer now...

Review of ‘Amazon gift cards for Devcoins’:
http://dvc4giftcards.us/home.html

Bought a $1 gift card with DVC. Very quick and straightforward, with a choice of card denominations. Great to see another enterprise utilising Devcoin as a means of payment. Process was as simple as selecting value required, entering name and email address (and whether gift card code is required via email or bitcointalk pm under ‘note to seller’) then transferring the sum of DVC to the address provided and waiting for confirmations to complete (6 confirmations).

A preliminary email was also received prior to sending DVC, which adds a sense of certainty about the process before finally committing.  I only have positive things to say about the portal and the process. Good work.

[markm]

Hello, Devcoiners!

I am the founder of the Parabola Project!  We are aiming to create an innovative new coin with multiple services on launch, such as stores, faucets, exchanges, and more!  To support that, we are creating a 5% dev fund, in which every 94th block has six times the coins, but 5/6 of those coins go to the dev wallet.  I have noticed that devcoin has the same thing, though with a 90% dev fund.  I am interested in the mechanism of that fund and how we can implement it into parabolas!

Thanks
xsquared

I am still seeking assistance!  

I don't understand the problem. The source code explicitly explicates the mechanism by which the fund is funded.

So maybe you want somehow an explication of how it happens to be the case that very often when Unthinkingbit proposes an expenditure from the fund be scheduled he doesn't get shot down?

Or maybe you want an explication of how it happens to be the case that some addresses get added into the list of recipient addresses and some do not?

Or maybe an explication of how it happens that some get removed from the list?

Or what?

NOTE: Please be so kind as to continue this line of query in the thread you linked above, or create a thread specifically about "Who gets to be on DeVCoin's disbursements lists, what for, for how long" type of topic.

-MarkM-