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Author Topic: Exchanging DynamicCoin http:/dynamiccoin.org/ (it isn’t token) on Bitsquare dex  (Read 78 times)
ytrezq
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November 14, 2017, 09:05:03 PM
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First, you can contact the developer (hist contacts are on http://dynamiccoin.org/). I’ve no link with him/them/her (which is why I’m only having a small portion of total supply).
Computers wallets can be downloaded from https://github.com/DynamicCoinOrg/DMC/releases. But the easiest it to use android wallets https://github.com/DynamicCoinOrg/android-dmc-wallet/releases because it avoids the complete syncing process.

As coin exchange is no longer processing dynamic coin deposits and https://usd-x.com recently got listed as a scam on badbitcoin.org (and got it’s certifcate revoked by Commodo),
I’m selling the 1620.0020212 Dynamic coin I mined and acquired previously on this topic against any cryptocurrencies or tokens that can be traded on a traditional exchange (I have the amount I'm stating, just look at my addresses 1J19wzDSwQt1QioxwKWgkJF7uwuCw2hTNd and 1JbQbpYroSoewG7ksk8EFE4tFy3Q1EgPtm).

You’re proposing the price. But for reference, you can look at bisq.network trade history https://markets.bisq.network/?market=dmc_btc as well as this chart from coinsmarketcap :
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Offers on Bitsquare.io requires having computer powered on to appear, so I’m prefering to wait for an offer here. They also requires to be done against Bitcoin which means huge transfer fees and time.

The simplest for you and me would be to not set up bisq.network access and selling against a cheapest and faster crypto like mooncoin or dogecoin (I wrote I’m accepting everything that can be converted safely on a working exchange).
How to avoid scam ?
Step by step exchange ! I’m sending a part of my ᴅᴍᴄ first on the agreed amount, then I wait to receive the counterpart in order to send an other part of my ᴅᴍᴄ.
As an alternative, I’m currently planning to fork ᴅᴍᴄ in order to create a cryptocurrency with the destroying supply mechanism dynamic coin is lacking (and failed to reach it's target price). In which case I would send my dynamiccoins in exchange of help in order to create it instead of another crytocurrency or token (again through step by step exchange). I know how to code, so this would be done only for some parts.

Transactions in Dynamic Coins are free from fee, so I’m accepting to sell less than I actually have (I’m even agreeing to exchange less than 1 coin).

But after all, why getting dynamic coins ? Maybe the day an other regular exchange would accept exchanging price could go up or demand from usd-x.com would move one the website would be shut down. Wink
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