Post
Topic
Board Announcements (Altcoins)
Re: [DCM] Digital Commerce 100% PoS Multipool/Merchant/Investor focused. Bittrex!
by
Wallenstein
on 24/06/2014, 01:38:30 UTC
Any comments from the devs?

I don't have a lot of dcm anymore, and the small amount I still have was free, but if I was one of those people that held this entire time from ipo prices, I'd probably be angry. Not angry over the price, nor even angry over Bob. Just annoyed at the lack of forum presence and activity from the devs.

There was a lot of talk, but so far we haven't seen a whole lot. At the least you should be commenting on ideas people are suggesting here.

I'm not sure what you mean by the lack of forum presence. We're here every day and comment on stuff going on when we see it being necessary. If we were to reply to every post, I'd spend a good part of our day doing just that.

So, to give you an idea what everybody is working on:

Kreative: talking to several vendors, trying to sign them up for the vendor portal, trying to get investors onboard, etc.
Wallenstein: dealing with the development of the vendor portal
Aszu: working on wallet upgrades and fixing the remaining bugs
AHumanBeingX: was working on marketing stuff, currently moving back to the US, so he's AFK
SeriousCoins: trying to get his head around the anon feature of the wallet

I'd also like to state once again that Kreative's job of getting investors on board is being made significantly more difficult by the huge number of shares on bittrex, which makes investors fearful of being dumped upon. That situation has actually improved over the past few days, but it would be very helpful if people who held a large number of coins would pull the majority of those coins to the local wallets.

So we're actually quite busy, but we don't have great new revelations to share with you every day; we don't have a magic hat we can pull this stuff from. That being said my next post will be something new.

By lack of forum presence, I sort of meant this current lull between threads. And it may just be me, but I do think the comments regarding protecting investors from a catastrophic loss should be commented on.

What levels do you consider catastrophic? In my opinion, we are already there.

As for investors, I'd think the dumping that has been going on would scare them more than the number of coins on the exchange. You really need to deal with the lack of buy support.


Yes, the dumping is a problem but it will be dealt with if it continues. An even bigger problem though is the number of coins held in the exchange wallet; we've talked to several whale-type people and this is the biggest issue they have, they want to see a better distribution of coins before committing money to the coin.