Post
Topic
Board Announcements (Altcoins)
Re: [DVC]DevCoin - Official Thread - Moderated
by
twobits
on 25/06/2013, 12:36:18 UTC
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?

There are a couple of things that could make the price higher.  More people able to buy in at 1/1000 of a share, so you pay a bit of a premium  for the extra divisibility.    It also has a 1% fee vs 5% for TAT, so you potentially get more of a return over the long run, even with the current  0.2% currency conversion fees.   

Quote
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?

Better for adding value to the currency may be a bitmit in dvc?  Then people may not even convert to fiat but stay in dvc to later buy something they want.