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Author Topic: Devcoin  (Read 368844 times)
Vlad2Vlad
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June 12, 2013, 04:24:32 PM
 #3421

DVC has becoming less and less valuable, is nobody buying this coin anymore?

Too much merged mining - my guess the pools and miners just dump it for whatever they can get.  There's also thousands of people (developers, writers, etc) who earn these coins and need the money so they're dumping as well.  I haven't sold any of my devcoins and I'm now down about 70%.  Ouch!

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owsleybeatsbigcartel
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June 12, 2013, 04:24:50 PM
 #3422

One of the writers on devtome, Wiser, posted this article outlining their experience and ideas for the project. I think it's definitely worth a read and some thinking through:  http://www.devtome.com/doku.php?id=on_writing_and_market_forces

I just realized I need to add a section about number of words rewarded per month.  I will post it once I do.

Also, I know I am missing details about how shares are divided up.  If anyone has an article which clarifies that and is more accurate, please pm me and I will link to it  Smiley

I think I have a solution to determine a pay structure. We should go with a meritocracy based around a badge system. These badges would act as rank and determine how much each writer gets paid.

This way you would have granularity, merit, reward for quality, and reward for work. This badge system could also apply to programmers, musicians, or anything else. In order to get a basic level badge an individual would have to pass an exam. This exam should cost some coins and this would prevent spammers. The exam process would make it easier for Fuzzybear or whomever to review works. Perhaps eventually let random community members or even pay individuals to review them. The initial badge would declare that the individual meets the minimum qualification to be recognized as a writer, a programmer, or whatever.

Then over time reward with different higher level badges. These different badges will act as rank and as long as the writer continues to write their pay grade will be a bit higher based on the quality of their previous work as recognized by their badge. There should be different sorts of badges passed around throughout the community which recognize different kinds of competency.

Integrity for example is very valuable no matter if you're a writer, programmer or anything else and a lot of us would rather see the rewards go to community members with proven integrity. This would act similar to ebay or amazon where people maintain a good reputation and can get business but scammers and cheats don't. The better the reputation and integrity of the artist, developer, etc, the greater the portion of shares they should get.

This would allow for the community to reward qualities not just of the work itself, but of the author or developer themselves and factor that into how much they get paid. For instance if Fin Shaggy is known to be a man of honor and integrity then he eventually will receive a badge and that badge will allow him to be recognized for that in pay rank. If Fin Shaggy is also known to be very competent at writing then he could get a badge for that and be recognized for that and get the $50 per share rate but the next person who does not have that badge or who isn't known as being a very competent writer, they'll have to focus more on earning the badge than on just pumping out low quality content. This will force them to actually care about the quality of their work for the badge.

The badge should be difficult to revoke if it's an integrity badge. If it's a competency badge then it should be permanent for writers because if a writer proves they can produce a good piece of art work or software that should be enough. The next step would be to create ranks which are even higher than badges which I'll call medals. Give the medals out to the truly exceptional people.

This way established writers with good reputations for producing quality work will have badges, medals, and other qualifications and these should determine the worth of their shares. This way it's not marketing, it's not word count, it's not equally distributed like communism,  it's merit and competency and these badges could stay with the developer no matter what coin they use in the future. If Ethicoin, Devcoin, Bitcoin, Litecoin or Futurecoin becomes popular these badges will still have established the merit and rank and would persist throughout all of that.

This way I'll immediately know which among you are talented at whatever, which among you are knowledgeable or skilled, and which among you are honorable.

badges will be involved yes lol

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owsleybeatsbigcartel
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June 12, 2013, 04:25:38 PM
 #3423

DVC has becoming less and less valuable, is nobody buying this coin anymore?

Too much merged mining - my guess the pools and miners just dump it for whatever they can get.  There's also thousands of people (developers, writers, etc) who earn these coins and need the money so they're dumping as well.  I haven't sold any of my devcoins and I'm now down about 70%.  Ouch!

sell sell sell no bid coming

***STOP BTCITCOINTALK.ORG CENSORSHIP!!!***http://investorshub.advfn.com/$THE-CRYPTOCURRENCY-FORUM-26758/
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FinShaggy
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June 12, 2013, 04:26:20 PM
 #3424

DVC has becoming less and less valuable, is nobody buying this coin anymore?

The problem is the selling, plenty of people are buying, they are just taking advantage of the crazy low sell rates.

If everyone is thinking outside the box, there is a new box.
ranlo
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June 12, 2013, 04:26:44 PM
 #3425

One of the writers on devtome, Wiser, posted this article outlining their experience and ideas for the project. I think it's definitely worth a read and some thinking through:  http://www.devtome.com/doku.php?id=on_writing_and_market_forces

I just realized I need to add a section about number of words rewarded per month.  I will post it once I do.

Also, I know I am missing details about how shares are divided up.  If anyone has an article which clarifies that and is more accurate, please pm me and I will link to it  Smiley

I think I have a solution to determine a pay structure. We should go with a meritocracy based around a badge system. These badges would act as rank and determine how much each writer gets paid.

This way you would have granularity, merit, reward for quality, and reward for work. This badge system could also apply to programmers, musicians, or anything else. In order to get a basic level badge an individual would have to pass an exam. This exam should cost some coins and this would prevent spammers. The exam process would make it easier for Fuzzybear or whomever to review works. Perhaps eventually let random community members or even pay individuals to review them. The initial badge would declare that the individual meets the minimum qualification to be recognized as a writer, a programmer, or whatever.

Then over time reward with different higher level badges. These different badges will act as rank and as long as the writer continues to write their pay grade will be a bit higher based on the quality of their previous work as recognized by their badge. There should be different sorts of badges passed around throughout the community which recognize different kinds of competency.

Integrity for example is very valuable no matter if you're a writer, programmer or anything else and a lot of us would rather see the rewards go to community members with proven integrity. This would act similar to ebay or amazon where people maintain a good reputation and can get business but scammers and cheats don't. The better the reputation and integrity of the artist, developer, etc, the greater the portion of shares they should get.

This would allow for the community to reward qualities not just of the work itself, but of the author or developer themselves and factor that into how much they get paid. For instance if Fin Shaggy is known to be a man of honor and integrity then he eventually will receive a badge and that badge will allow him to be recognized for that in pay rank. If Fin Shaggy is also known to be very competent at writing then he could get a badge for that and be recognized for that and get the $50 per share rate but the next person who does not have that badge or who isn't known as being a very competent writer, they'll have to focus more on earning the badge than on just pumping out low quality content. This will force them to actually care about the quality of their work for the badge.

The badge should be difficult to revoke if it's an integrity badge. If it's a competency badge then it should be permanent for writers because if a writer proves they can produce a good piece of art work or software that should be enough. The next step would be to create ranks which are even higher than badges which I'll call medals. Give the medals out to the truly exceptional people.

This way established writers with good reputations for producing quality work will have badges, medals, and other qualifications and these should determine the worth of their shares. This way it's not marketing, it's not word count, it's not equally distributed like communism,  it's merit and competency and these badges could stay with the developer no matter what coin they use in the future. If Ethicoin, Devcoin, Bitcoin, Litecoin or Futurecoin becomes popular these badges will still have established the merit and rank and would persist throughout all of that.

This way I'll immediately know which among you are talented at whatever, which among you are knowledgeable or skilled, and which among you are honorable.

I love your badge/rank idea! It's actually how a lot of writers (well, most jobs) already get paid. As you write more (or work more) you get promotions that increase your available job breadth and your pay for doing the work. Kind of like going from a cook at McDonald's to a manager to a district manager. As you prove your ability you keep getting promoted.

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Vlad2Vlad
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June 12, 2013, 04:28:52 PM
 #3426

One of the writers on devtome, Wiser, posted this article outlining their experience and ideas for the project. I think it's definitely worth a read and some thinking through:  http://www.devtome.com/doku.php?id=on_writing_and_market_forces

I just realized I need to add a section about number of words rewarded per month.  I will post it once I do.

Also, I know I am missing details about how shares are divided up.  If anyone has an article which clarifies that and is more accurate, please pm me and I will link to it  Smiley

I think I have a solution to determine a pay structure. We should go with a meritocracy based around a badge system. These badges would act as rank and determine how much each writer gets paid.

This way you would have granularity, merit, reward for quality, and reward for work. This badge system could also apply to programmers, musicians, or anything else. In order to get a basic level badge an individual would have to pass an exam. This exam should cost some coins and this would prevent spammers. The exam process would make it easier for Fuzzybear or whomever to review works. Perhaps eventually let random community members or even pay individuals to review them. The initial badge would declare that the individual meets the minimum qualification to be recognized as a writer, a programmer, or whatever.

Then over time reward with different higher level badges. These different badges will act as rank and as long as the writer continues to write their pay grade will be a bit higher based on the quality of their previous work as recognized by their badge. There should be different sorts of badges passed around throughout the community which recognize different kinds of competency.

Integrity for example is very valuable no matter if you're a writer, programmer or anything else and a lot of us would rather see the rewards go to community members with proven integrity. This would act similar to ebay or amazon where people maintain a good reputation and can get business but scammers and cheats don't. The better the reputation and integrity of the artist, developer, etc, the greater the portion of shares they should get.

This would allow for the community to reward qualities not just of the work itself, but of the author or developer themselves and factor that into how much they get paid. For instance if Fin Shaggy is known to be a man of honor and integrity then he eventually will receive a badge and that badge will allow him to be recognized for that in pay rank. If Fin Shaggy is also known to be very competent at writing then he could get a badge for that and be recognized for that and get the $50 per share rate but the next person who does not have that badge or who isn't known as being a very competent writer, they'll have to focus more on earning the badge than on just pumping out low quality content. This will force them to actually care about the quality of their work for the badge.

The badge should be difficult to revoke if it's an integrity badge. If it's a competency badge then it should be permanent for writers because if a writer proves they can produce a good piece of art work or software that should be enough. The next step would be to create ranks which are even higher than badges which I'll call medals. Give the medals out to the truly exceptional people.

This way established writers with good reputations for producing quality work will have badges, medals, and other qualifications and these should determine the worth of their shares. This way it's not marketing, it's not word count, it's not equally distributed like communism,  it's merit and competency and these badges could stay with the developer no matter what coin they use in the future. If Ethicoin, Devcoin, Bitcoin, Litecoin or Futurecoin becomes popular these badges will still have established the merit and rank and would persist throughout all of that.

This way I'll immediately know which among you are talented at whatever, which among you are knowledgeable or skilled, and which among you are honorable.

I think that's a really good idea.  It may take a few months but it sounds like a fair way of doing things.

FinShaggy
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June 12, 2013, 04:34:54 PM
 #3427

If everyone accepted no less than 1 penny, Devcoins would be worth 1 penny.

If everyone is thinking outside the box, there is a new box.
sidhujag
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June 12, 2013, 04:36:27 PM
 #3428

DVC has becoming less and less valuable, is nobody buying this coin anymore?

DVC virus isn't delisted yet i'm surprised = exploit detected
thats ok we need the trolls more than they need us.. they will know their roll one day in a sad realization and jump off the cliff like lemmings.. until then keep it up we need more "things" like u
owsleybeatsbigcartel
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June 12, 2013, 04:38:38 PM
 #3429

DVC has becoming less and less valuable, is nobody buying this coin anymore?

DVC virus isn't delisted yet i'm surprised = exploit detected
thats ok we need the trolls more than they need us.. they will know their roll one day in a sad realization and jump off the cliff like lemmings.. until then keep it up we need more "things" like u
...don't be afraid of the Wolf pack>>sheeple baaahahaha

***STOP BTCITCOINTALK.ORG CENSORSHIP!!!***http://investorshub.advfn.com/$THE-CRYPTOCURRENCY-FORUM-26758/
BTCitcointalk 1%ers manipulate the currency and deceive its user community! http://www.mediabistro.com/insidebitcoins/register.asp?c=bcoinfbpmbBTCRING FACTS!:BTCe mature&respect the research that is done regardless of what you think of it!~KEYSER S0ZA
owsleybeatsbigcartel
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June 12, 2013, 04:39:34 PM
 #3430

If everyone accepted no less than 1 penny, Devcoins would be worth 1 penny.

no bid coming and knock on your door at 4 am

***STOP BTCITCOINTALK.ORG CENSORSHIP!!!***http://investorshub.advfn.com/$THE-CRYPTOCURRENCY-FORUM-26758/
BTCitcointalk 1%ers manipulate the currency and deceive its user community! http://www.mediabistro.com/insidebitcoins/register.asp?c=bcoinfbpmbBTCRING FACTS!:BTCe mature&respect the research that is done regardless of what you think of it!~KEYSER S0ZA
vindimy
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June 12, 2013, 05:18:55 PM
 #3431

Have you guys tried asking BTC-e to start trading DVC yet? It would help ALTcointip bot to start showing DVC USD/EURO/RUR values next to DVC tips.

weisoq
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June 12, 2013, 05:45:50 PM
 #3432

Have you guys tried asking BTC-e to start trading DVC yet? It would help ALTcointip bot to start showing DVC USD/EURO/RUR values next to DVC tips.
I did after tipping the creator of it (is that you?) but they replied with no and wouldn't give a reason. It's now on cryptsy, mcxnow, crypto-trade (with little volume) as well as vircurex.

Earn Devcoins by Writing | Devcoin Video
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Vlad2Vlad
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June 12, 2013, 05:55:40 PM
 #3433

DVC has becoming less and less valuable, is nobody buying this coin anymore?

I'm still accumulating it but I'm gonna wait a couple weeks for it to bottom. So far I bought at .00041 and at $.00021.

jaywaka2713
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June 12, 2013, 05:57:16 PM
 #3434

DVC has becoming less and less valuable, is nobody buying this coin anymore?

I'm still accumulating it but I'm gonna wait a couple weeks for it to bottom. So far I bought at .00041 and at $.00021.

I bought up almost a million at 0.00000108 BTC.

owsleybeatsbigcartel
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June 12, 2013, 06:03:36 PM
 #3435

Have you guys tried asking BTC-e to start trading DVC yet? It would help ALTcointip bot to start showing DVC USD/EURO/RUR values next to DVC tips.

DVC = rootkit

***STOP BTCITCOINTALK.ORG CENSORSHIP!!!***http://investorshub.advfn.com/$THE-CRYPTOCURRENCY-FORUM-26758/
BTCitcointalk 1%ers manipulate the currency and deceive its user community! http://www.mediabistro.com/insidebitcoins/register.asp?c=bcoinfbpmbBTCRING FACTS!:BTCe mature&respect the research that is done regardless of what you think of it!~KEYSER S0ZA
owsleybeatsbigcartel
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June 12, 2013, 06:04:40 PM
 #3436

Have you guys tried asking BTC-e to start trading DVC yet? It would help ALTcointip bot to start showing DVC USD/EURO/RUR values next to DVC tips.
I did after tipping the creator of it (is that you?) but they replied with no and wouldn't give a reason. It's now on cryptsy, mcxnow, crypto-trade (with little volume) as well as vircurex.

yep developer on the run from the pigs!!!

***STOP BTCITCOINTALK.ORG CENSORSHIP!!!***http://investorshub.advfn.com/$THE-CRYPTOCURRENCY-FORUM-26758/
BTCitcointalk 1%ers manipulate the currency and deceive its user community! http://www.mediabistro.com/insidebitcoins/register.asp?c=bcoinfbpmbBTCRING FACTS!:BTCe mature&respect the research that is done regardless of what you think of it!~KEYSER S0ZA
owsleybeatsbigcartel
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June 12, 2013, 06:05:16 PM
 #3437

DVC has becoming less and less valuable, is nobody buying this coin anymore?

I'm still accumulating it but I'm gonna wait a couple weeks for it to bottom. So far I bought at .00041 and at $.00021.

I bought up almost a million at 0.00000108 BTC.

waka flocka flame? Cool

***STOP BTCITCOINTALK.ORG CENSORSHIP!!!***http://investorshub.advfn.com/$THE-CRYPTOCURRENCY-FORUM-26758/
BTCitcointalk 1%ers manipulate the currency and deceive its user community! http://www.mediabistro.com/insidebitcoins/register.asp?c=bcoinfbpmbBTCRING FACTS!:BTCe mature&respect the research that is done regardless of what you think of it!~KEYSER S0ZA
twobits
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June 12, 2013, 06:05:24 PM
 #3438

Have you guys tried asking BTC-e to start trading DVC yet? It would help ALTcointip bot to start showing DVC USD/EURO/RUR values next to DVC tips.

It is somewhere in this thread, but not sure how to easily find it, so a recap.

They did add trading in DVC,  they limited the number of decimal places prices could be set to.  This did not work with DVC as the price would have had to have been far above the the price on vircurex at the time. This did not work too well of course.  Rather then fix this, they then removed DVC as an option due to it having no trading volume.

I suggest  doing what http://dvcticker.appspot.com/ does  and using vircurex for dvc prices.

owsleybeatsbigcartel
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June 12, 2013, 06:07:04 PM
 #3439

DVC has becoming less and less valuable, is nobody buying this coin anymore?

I'm still accumulating it but I'm gonna wait a couple weeks for it to bottom. So far I bought at .00041 and at $.00021.

dump isnt over = DVC => no bid *virus spyware keystr0ke logger!

***STOP BTCITCOINTALK.ORG CENSORSHIP!!!***http://investorshub.advfn.com/$THE-CRYPTOCURRENCY-FORUM-26758/
BTCitcointalk 1%ers manipulate the currency and deceive its user community! http://www.mediabistro.com/insidebitcoins/register.asp?c=bcoinfbpmbBTCRING FACTS!:BTCe mature&respect the research that is done regardless of what you think of it!~KEYSER S0ZA
owsleybeatsbigcartel
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June 12, 2013, 06:08:07 PM
 #3440

Have you guys tried asking BTC-e to start trading DVC yet? It would help ALTcointip bot to start showing DVC USD/EURO/RUR values next to DVC tips.

It is somewhere in this thread, but not sure how to easily find it, so a recap.

They did add trading in DVC,  they limited the number of decimal places prices could be set to.  This did not work with DVC as the price would have had to have been far above the the price on vircurex at the time. This did not work too well of course.  Rather then fix this, they then removed DVC as an option due to it having no trading volume.

I suggest  doing what http://dvcticker.appspot.com/ does  and using vircurex for dvc prices.


= more buggy spyware?

***STOP BTCITCOINTALK.ORG CENSORSHIP!!!***http://investorshub.advfn.com/$THE-CRYPTOCURRENCY-FORUM-26758/
BTCitcointalk 1%ers manipulate the currency and deceive its user community! http://www.mediabistro.com/insidebitcoins/register.asp?c=bcoinfbpmbBTCRING FACTS!:BTCe mature&respect the research that is done regardless of what you think of it!~KEYSER S0ZA
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