Wallenstein
Newbie
Offline
Activity: 56
Merit: 0
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June 20, 2014, 09:00:46 PM |
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Focus on creating a decentralized black market like voot is aiming for? You guys got the budget to realize it much faster than they can I guess. It's also how bitcoin started... It's not very original, but it's the type of commerce crypto is actually more useful then ordinary currencies. And it's a huge market: guns, drugs, organs, hostages & prostitutes. That's what all these nasty mofo's wanna buy. Create a nice environment for them Yeah, and then get taken down and sued into oblivion or actually go to jail. No thank you, I'll pass.
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Geenstijl
Legendary
Offline
Activity: 1232
Merit: 1000
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June 20, 2014, 09:04:41 PM |
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Focus on creating a decentralized black market like voot is aiming for? You guys got the budget to realize it much faster than they can I guess. It's also how bitcoin started... It's not very original, but it's the type of commerce crypto is actually more useful then ordinary currencies. And it's a huge market: guns, drugs, organs, hostages & prostitutes. That's what all these nasty mofo's wanna buy. Create a nice environment for them Yeah, and then get taken down and sued into oblivion or actually go to jail. No thank you, I'll pass. Ye you're right. Other options
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Digithusiast
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June 20, 2014, 09:39:13 PM |
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A solution would be for the devs to use the budget for buying up large part of the total 824,847.83 DCM that is currently trading (or sleeping) on bittrex. 40 BTC would probably get 600,000 to 700,000 DCM back to the devs.
Next the devs set the freshly acquired DCM for sale on Bittrex, and make sure they use a minimum price of i.e. 15,000 SAT
That would put DCM back on track. Devs would burn big part of budget on short term, only to increase the budget multiple times on the mid/long term
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kahir
Legendary
Offline
Activity: 1050
Merit: 1000
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June 20, 2014, 11:29:48 PM |
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A solution would be for the devs to use the budget for buying up large part of the total 824,847.83 DCM that is currently trading (or sleeping) on bittrex. 40 BTC would probably get 600,000 to 700,000 DCM back to the devs.
Next the devs set the freshly acquired DCM for sale on Bittrex, and make sure they use a minimum price of i.e. 15,000 SAT
That would put DCM back on track. Devs would burn big part of budget on short term, only to increase the budget multiple times on the mid/long term
so u bought in at 15k ... and u want to exit breakeven
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dogeberet
Newbie
Offline
Activity: 41
Merit: 0
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June 21, 2014, 02:57:04 AM |
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I am trying to upgrade my 1.0 QT Wallet on Mac OSX Maverick to the 1.02.
First, it will not compile from source with various errors. Then I tried to just download from the website, and it also crashes.
Anyone else having these issues? I changed the QT versions, and the db from 4.8 to 5 something and back, nothing seemed to change.
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merk475
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June 21, 2014, 05:29:21 AM |
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Man....Bittrex withdrawals are taking FOREVER. It's been 3 hours and I still don't have my coins!
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steady712
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June 21, 2014, 06:16:51 AM |
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Man....Bittrex withdrawals are taking FOREVER. It's been 3 hours and I still don't have my coins!
Yes..It's really a long wait but it works.
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Digithusiast
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June 21, 2014, 07:39:19 AM Last edit: June 21, 2014, 07:49:42 AM by Digithusiast |
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Kahir, you really do not get it. I do not want to exit at all, I want DCM to survive and become something in future. With the current rate of DCM decline, only 233 DCM wallets and many new coins launched every day, DCM is rapidly being wiped out from the scene, despite the beautiful intentions written in the ANN. A solution would be for the devs to use the budget for buying up large part of the total 824,847.83 DCM that is currently trading (or sleeping) on bittrex. 40 BTC would probably get 600,000 to 700,000 DCM back to the devs.
Next the devs set the freshly acquired DCM for sale on Bittrex, and make sure they use a minimum price of i.e. 15,000 SAT
That would put DCM back on track. Devs would burn big part of budget on short term, only to increase the budget multiple times on the mid/long term
so u bought in at 15k ... and u want to exit breakeven
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xamido
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June 21, 2014, 09:28:38 AM |
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What i don't understand why despite all of this ipo money, the dev can't rent rigs for the multipool? The price is at the bottom, so whatever amount the dev make with the rig will become profit as they buy more through the multipool.
Or why can't they just rebuy all the coin until 5k and repeat everytime the price fall. With just 20 btc and rebuying everything below 5k they can hold a great amount of the coin that they won't dump (at least 400k of dcm).
That amount can then be used for bounty for projects.
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doremi
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June 21, 2014, 09:54:28 AM |
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What i don't understand why despite all of this ipo money, the dev can't rent rigs for the multipool? The price is at the bottom, so whatever amount the dev make with the rig will become profit as they buy more through the multipool.
Or why can't they just rebuy all the coin until 5k and repeat everytime the price fall. With just 20 btc and rebuying everything below 5k they can hold a great amount of the coin that they won't dump (at least 400k of dcm).
That amount can then be used for bounty for projects.
what do you expect?as i said before..money already inside their pocket via IPO,wth they throw back the money for? game over is the next phase..mark my words!
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AltcoinRambo
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June 21, 2014, 12:38:59 PM |
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This coin can still be relaunched to appease the current market type if required.It is obvious that the people behind the coin are tier1 developers and credible individuals so no matter what steps are taken or rebranding etc people who already hold this coin should not be fooled into selling below what was paid initially in my opinion. I still think that when the business world flocks towards digital currencies etc the possibilities are huge but if investors want something different for now to appease the coin hoppers then so be it. +1. Also, I think DCM would be more attractive to large investors if more people pulled their coins off bittrex onto their local wallets. With the current coin distribution any large investor will fear an instant dump by short-term holders. I'm pretty sure that if less than 40% of the coins were on Bittrex, the devs could probably get some serious investors to commit to the coin. This is in our hands people, everybody please do their part.
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youngwebs
Legendary
Offline
Activity: 1080
Merit: 1055
DEV of DeepOnion community pool
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June 21, 2014, 01:01:45 PM |
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What i don't understand why despite all of this ipo money, the dev can't rent rigs for the multipool? The price is at the bottom, so whatever amount the dev make with the rig will become profit as they buy more through the multipool.
Or why can't they just rebuy all the coin until 5k and repeat everytime the price fall. With just 20 btc and rebuying everything below 5k they can hold a great amount of the coin that they won't dump (at least 400k of dcm).
That amount can then be used for bounty for projects.
Also community can help more: currently there are only 3 miners active on the multipool. The buy support for DCM is therefore very limited! Point (a portion) of your miners to the pool, x11 is having good profitability at this moment. If we reach 100 MH we can already buy 10% of daily volume int DCM just with multipool. This will give a very good minimum price base, once all small sellers are gone, they only way is up! So send some of your hashpower to multipool and see what happens. If hashpower increases, price will increase which will give more attention to pool and coin, and you have self fullfilling prophecy of rising exchange! http://dcm.multipoolmining.com JOIN TODAY
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