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Author Topic: Why devcoin is so low despite it's market cap?  (Read 1632 times)
pabloangello (OP)
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November 16, 2013, 08:14:31 PM
 #1

About $450 000 market cap. Why worth almost about nothing?

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November 16, 2013, 08:51:56 PM
 #2

I will take a huge dump. Slice that shit into million pieces, and dry-roast it. Then sell it off to random fools for 0.5$ as a good luck charm.

What does that give us? A million little shits, worth nothing? Correct!

Market cap is not a very good indicator.


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pabloangello (OP)
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November 16, 2013, 08:55:52 PM
 #3

I will take a huge dump. Slice that shit into million pieces, and dry-roast it. Then sell it off to random fools for 0.5$ as a good luck charm.

What does that give us? A million little shits, worth nothing? Correct!

Market cap is not a very good indicator.
This is interesting point. What is a good indicator for crypto coins then?

matt608
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November 16, 2013, 09:03:04 PM
 #4

It's because there's a very large number of DVC, but DVC is one of the few true altcoins, it's backed by devtome.com which got 33k visits last month.  That's an asset which gives it real value.  Plus the work that's done there is useful, I got paid in DVC for publishing my book on Devtome.  It's here - Walking upright:  The Appalachian Trail in Virginia

http://devtome.com/doku.php?id=walkingupright


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November 16, 2013, 09:05:16 PM
 #5

Devcoin is a sustainable coin and deserves to be in the top10. You have to think about the large amount of things backing it.

Cloud Mining - Mine when your computer is not on. Mine if you don't have the appropriate hardware or operating system! Mine when you are asleep! ---> https://cex.io/r/1/Sustainable/0/
pabloangello (OP)
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November 16, 2013, 09:09:33 PM
 #6

Devcoin is a sustainable coin and deserves to be in the top10. You have to think about the large amount of things backing it.
So why don't you buy a million of it?

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November 16, 2013, 09:10:47 PM
 #7

Devcoin is a sustainable coin and deserves to be in the top10. You have to think about the large amount of things backing it.
So why don't you buy a million of it?

I'm sorry didn't realise you were psychic.

Cloud Mining - Mine when your computer is not on. Mine if you don't have the appropriate hardware or operating system! Mine when you are asleep! ---> https://cex.io/r/1/Sustainable/0/
pabloangello (OP)
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November 16, 2013, 09:19:59 PM
 #8

Devcoin is a sustainable coin and deserves to be in the top10. You have to think about the large amount of things backing it.
So why don't you buy a million of it?

I'm sorry didn't realise you were psychic.
How would you call people that 4 years ago buy 1mln of bitcoins? Psychic? Mentally ilness? Funny? Catchy? I dont know what will be the price of it but for such a low price right now.....

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November 16, 2013, 09:22:10 PM
 #9

Devcoin is a sustainable coin and deserves to be in the top10. You have to think about the large amount of things backing it.
So why don't you buy a million of it?

I'm sorry didn't realise you were psychic.
How would you call people that 4 years ago buy 1mln of bitcoins? Psychic? Mentally ilness? Funny? Catchy? I dont know what will be the price of it but for such a low price right now.....

What I meant was you have no idea what coins I'm holding, but Devcoin is a great investment.

Cloud Mining - Mine when your computer is not on. Mine if you don't have the appropriate hardware or operating system! Mine when you are asleep! ---> https://cex.io/r/1/Sustainable/0/
pabloangello (OP)
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November 16, 2013, 09:24:28 PM
 #10

Devcoin is a sustainable coin and deserves to be in the top10. You have to think about the large amount of things backing it.
So why don't you buy a million of it?

I'm sorry didn't realise you were psychic.
How would you call people that 4 years ago buy 1mln of bitcoins? Psychic? Mentally ilness? Funny? Catchy? I dont know what will be the price of it but for such a low price right now.....

What I meant was you have no idea what coins I'm holding, but Devcoin is a great investment.
Thanks, I even admire you call me psychic if i would buy million of that or another. THen I will be the only crazy one Wink

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November 16, 2013, 09:25:13 PM
 #11

Devcoin is a sustainable coin and deserves to be in the top10. You have to think about the large amount of things backing it.
So why don't you buy a million of it?

I'm sorry didn't realise you were psychic.
How would you call people that 4 years ago buy 1mln of bitcoins? Psychic? Mentally ilness? Funny? Catchy? I dont know what will be the price of it but for such a low price right now.....
Im pretty sure nobody ever, even in the beginning, bought a million bitcoin lol
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November 16, 2013, 09:25:46 PM
 #12

Devcoin is a sustainable coin and deserves to be in the top10. You have to think about the large amount of things backing it.
So why don't you buy a million of it?

I'm sorry didn't realise you were psychic.
How would you call people that 4 years ago buy 1mln of bitcoins? Psychic? Mentally ilness? Funny? Catchy? I dont know what will be the price of it but for such a low price right now.....

What I meant was you have no idea what coins I'm holding, but Devcoin is a great investment.
Thanks, I even admire you call me psychic if i would buy million of that or another. THen I will be the only crazy one Wink

You should honestly buy it mate, you can invest it in securities and it is seriously a sustainable coin. Or at least mine it.

Cloud Mining - Mine when your computer is not on. Mine if you don't have the appropriate hardware or operating system! Mine when you are asleep! ---> https://cex.io/r/1/Sustainable/0/
pabloangello (OP)
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November 16, 2013, 09:26:22 PM
 #13

Devcoin is a sustainable coin and deserves to be in the top10. You have to think about the large amount of things backing it.
So why don't you buy a million of it?

I'm sorry didn't realise you were psychic.
How would you call people that 4 years ago buy 1mln of bitcoins? Psychic? Mentally ilness? Funny? Catchy? I dont know what will be the price of it but for such a low price right now.....
Im pretty sure nobody ever, even in the beginning, bought a million bitcoin lol
Stay with that in your mind please.

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November 16, 2013, 09:38:22 PM
 #14

There are simply too many devcoins and people value rare things muck more.
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November 16, 2013, 10:02:17 PM
 #15

i think devcoin is great, i love the idea. it needs some better platforms, though. i'd like to see a place to share all types of art/music/etc for devcoins, or also, where people could donate/buy in devcoins, etc.... more stores would be good. i see the code is being updated soon, also a plus.
pabloangello (OP)
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November 16, 2013, 10:22:45 PM
 #16

i think devcoin is great, i love the idea. it needs some better platforms, though. i'd like to see a place to share all types of art/music/etc for devcoins, or also, where people could donate/buy in devcoins, etc.... more stores would be good. i see the code is being updated soon, also a plus.
According to the actuall crypto currency evolving i assume that what "we think" is just a premature of what wiill happen ;]

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November 16, 2013, 10:23:15 PM
 #17

About $450 000 market cap. Why worth almost about nothing?


almost nothin= it is abandoned coin

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November 16, 2013, 10:25:04 PM
 #18

The best thing about it was that I got 0.7BTC worth for 13000 words onto devtome (old college essays).
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November 16, 2013, 10:27:45 PM
 #19

The best thing about it was that I got 0.7BTC worth for 13000 words onto devtome (old college essays).

anything that is compared to this topic?!

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November 16, 2013, 10:46:35 PM
 #20

About $450 000 market cap. Why worth almost about nothing?
- There are 216,000,000 new Devcoins every months and the amount will stay the same (there is no block halving).
 -> Devs are sitting on are large amounts and are just waiting to be able to dump them.
- Only a small community.
- I maybe wrong about this, but I don't see any actual developing going on. What is the latest version?
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