Post
Topic
Board Altcoin Discussion
Re: Digitalcoin or Devcoin?
by
dead_bit
on 12/03/2014, 01:45:17 UTC
Hey guys,
I have been doing a lot of research into Devcoins (https://bitcointalk.org/index.php?topic=233997.0) and Digitalcoins (https://bitcointalk.org/index.php?topic=209508.0) and I'm trying to debate which coin would be most advantageous to invest in.
Digitalcoins seems to be more popular than Devcoins but both currencies have great communities. Can anyone shed light as to which would be a better time investing in?

Thanks a lot Smiley

I have investments in both actually. DGC has a really great, strong community and the coin itself has great specs. Its unfortunately hampered by the fact that it has little use. A few places of business take it but that's it. CryptoAve or CAVE as most call it also just opened up. CAVE is a DGC exchange that provides conversions of DGC into several other currencies. Unfortunately CAVE hasn't generated the early buzz that people thought it would which drove some of the short term investors off. However, the exodus of the short term sellers caused a price drop off so right now DGC is valued at about 1/3 of what I believe it's actual value is. Of course that's just my educated guess based on charts and knowledge of the community. I think it has a lot of future potential and so having a small position in it is worth it. If you are looking to build a position now is the time as the coin is undervalued.

DVC is interesting too. I have a much larger... position... in DVC. I like the concept behind it because it's simple. The coin is very straightforward and I don't have to mine it at all. I can keep a competitive position because the coin is used to pay developers. This makes it appealing to me as it gives me an easy way to maintain a strong position since I will continue to get paid for work that I do in DVC. Of course, I think DVC is in the middle of a dump right now and it could be a risky buy (or the perfect time, depending on how you want to acquire it). I tend to lean toward it being undervalued as well but I'm not sure that it will ever hold the value that DGC is going to hold but who knows.

Both coins are accepted on the major exchanges and I think there is a possibility we will see DVC get put on CAVE at some point (hopefully). So really they are somewhat equal ground, to me at least. I would say just have a position in both. Why not be diverse? No one ever said put all your eggs in one basket. I guess if I could only pick one, I would go with DigitalCoin based on fundamentals alone. (Sorry DevCoin I still love you!)