Post
Topic
Board Announcements (Altcoins)
Re: DigitalCoin.Co | Secure. Established. Active Development | v2.0 Released!
by
Tsquared
on 03/09/2014, 05:26:27 UTC
I've been saying it and I'll keep saying it. If you want people to keep the coin off the exchanges, then find a way to spend the coin. Market outlets like stores are the solution. I'm just baffled at the discussion going here. If I go outside and find some gold rocks, and I give them to people and say they're valuable, then they're valuable. If I keep digging up more of the same rocks, and so can everyone else, their value goes down. If we find a way to spend the rocks to a 3rd party who can't dig up the rocks, then their value goes up. This is BASIC ECONOMICS and I don't know why we're ignoring principals here.

If ANY of you want the value to go up, get this coin listed on a real good store page. If we can't find a decision then I'm going to dump this coin and completely back-out with over 50,000 dgc. I can't support this idiocy anymore. I'm absolutely distraught that we can't see what the hell to do here. If you seriously think changing the generation rate is going to give the coin value, then you're delusional. You can't give value to something that's worthless to begin with, and it's worthless because you can't SPEND it.

I love your posts! You are absolutely right Freenhult. Creating an economy and/or integrating with existing economy, is the ultimate objective, and Digitalcoin is in an excellent position to do both. Realistically, for commercial use, and especially for larger scale commercial use, any coin must be secure and dependable. Rest assured that there are efforts in progress to both create new business and integrate with existing business, which is why much of this discussion started.

Say what you will about baritus, but he's done a good job with Digitalcoin. This doesn't mean that there is not room for adjustments and/or improvements. I think sometimes we worry too much about the speculative value that improvements might bring, and lose site of the longer term objectives, but other things are happening. Everyone is pretty tired of public share sales and hollow hype, so you may not hear much until things materialize. Stay tuned.

TT