Quote from: metazilla on June 22, 2013, 04:00:02 AM

Quote from: wiser on June 21, 2013, 11:48:52 PM

One thing I'd really like to see more of is ways to invest Devcoins in sound companies. I'm reading up on the ASIC miner DVC pass through share listed on Cryptostocks and the ASIC miner company itself and liking what I'm learning so far in terms of feeling that would be a good investment. I'd like to see more opportunities like this.

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And I think the result of me putting some DVC in such investments would in turn provide positive feedback to the value of DVC.

Agreed on all counts. ASCMDVCPT is awesome because it generates BTC from dividends and turns them into DVC, which raises the exchange rate, and offsets all the selling off of DVC that is happening. Unfortunately, right now ASCMDVCPT shares are overvalued - I just sold off about half my shares and was able to by nearly 20x of the equivalent shares by buying TAT.ASICMINER shares instead. I think this could potentially be solved by twobits/FuzzyBear buying a few more passthrough shares and issuing more ASCMDVCPT shares for a more reasonable price. Without competitive share prices, people are just going to sell their DVC for BTC and invest in ASICMINER directly. Perhaps someone could offer a service that acts sort of like ASCMDVCPT, but with the price fixed to the TAT.ASICMINER value?

As far as other DVC investments, I'm not sure there really is any solid investment one could offer other than an investment in ASICMINER... as far as I can tell, no other cryptostock has come close. We're going to need more options than just investing in ASICMINER to convince people to not cash out their DVC.

One other solution I considered was to make some sort of service allowing people to buy things directly with DVC - think BitPay or Gyft but with DVC instead. This way people wouldn't be in such a hurry to sell off their DVC for fiat. Although of course the problem here is the service would still be forced to somehow exchange the DVC for fiat in order to actually purchase the goods for their customers.

Thoughts?

Mmm, I think maybe an auction-type site may help out with getting a little more usability on DVC, but you're right about needing more actual uses. One thing Feathercoin has been doing that I love is that they have really been pushing for things like merchant adoption, giving a value to FTC.

DVC should work on the same type of thing, getting merchants on board. While the merchants will be converting their DVC to fiat most likely, it should happen on a much smaller rate because it helps show people that the DVC has value and that there is reason to hold it. As it is now, I agree that the valuation of the coin is pretty low, and this is due to the lack of real uses as of now.