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Showing 20 of 27 results by EmilianoZ
Hello,
Sorry about the late answering.
I am preparing a devtome article about monies and it has taken ALL the time I spend on supporting this community.
Also, internet advertising pays more for English articles, and we would have to set up sub wikis for each language.
We've been trying to get advertising for several months, but I've been told there is no good bitcoin advertising network. Adsense is good, but because the IRS is persecuting people:
http://www.mercatornet.com/sheila_liaugminas/view/12348
I prefer to have someone outside of the US get an adsense account.
Could someone out of the US please offer an adsense account for devtome? Whoever handles the adsense account would get 10% of the revenue. Right now devtome probably gets around half a million page views per month, so that would be a couple of hundred dollars a month of advertising.
Out of US here, Netherlands. I could do it if you want.
I am from Mexico. I am a mexican citizen; I could AND like to, create an Adsense account if needed. I know by this time it could be redundant, but still I would like my willingness to be considered.
Thanks a lot (really)
to all supporters, publishers and administrators 
. I would love to collaborate more 
.
Sorry about the late answering.
I am preparing a devtome article about monies and it has taken ALL the time I spend on supporting this community.
Is it possible to receive devcoins for translations into French, for example?
Not yet, primarily I think because there aren't enough people to be able to vet/edit any writings not in english. You can offer to translate from french to english, if anybody is interested in taking you up on it: http://devtome.com/doku.php?id=devtome_translatorsAlso, internet advertising pays more for English articles, and we would have to set up sub wikis for each language.
..
There are plans to:
(1) incorporate a better validation system.
..
(2) build in revenue from page views and advertising. Done properly this should at least supplement (1) and perhaps as you say even supplant it further in the future, as well as giving an exchange bid to dvc.
..
There are plans to:
(1) incorporate a better validation system.
..
(2) build in revenue from page views and advertising. Done properly this should at least supplement (1) and perhaps as you say even supplant it further in the future, as well as giving an exchange bid to dvc.
..
We've been trying to get advertising for several months, but I've been told there is no good bitcoin advertising network. Adsense is good, but because the IRS is persecuting people:
http://www.mercatornet.com/sheila_liaugminas/view/12348
I prefer to have someone outside of the US get an adsense account.
Could someone out of the US please offer an adsense account for devtome? Whoever handles the adsense account would get 10% of the revenue. Right now devtome probably gets around half a million page views per month, so that would be a couple of hundred dollars a month of advertising.
Out of US here, Netherlands. I could do it if you want.
I am from Mexico. I am a mexican citizen; I could AND like to, create an Adsense account if needed. I know by this time it could be redundant, but still I would like my willingness to be considered.
Thanks a lot (really)
to all supporters, publishers and administrators . I would love to collaborate more .
I like this one, when do you start the project
I have a plan:
We could set a percentage for demurrage (destruction) for say.... every... year..., half year...or two years, this will have the media impact we need to have the coins promoted, and it will be sort of free.
At the same time we set a maximum quota to mine during a given time span, could be the same as for the time before the demurrage is set. The mining dificulty can be adjusted to comply with the quota.
Doing this we are not attached to a hard limit for mining new coins but we will be able to control the amount of coins available in the market. Lets remember this is a matter of offer and demand, the supply right now is soooooo big, no one worries the demand would be higher than the offer, therefore the value drops.
We could set a percentage for demurrage (destruction) for say.... every... year..., half year...or two years, this will have the media impact we need to have the coins promoted, and it will be sort of free.
At the same time we set a maximum quota to mine during a given time span, could be the same as for the time before the demurrage is set. The mining dificulty can be adjusted to comply with the quota.
Doing this we are not attached to a hard limit for mining new coins but we will be able to control the amount of coins available in the market. Lets remember this is a matter of offer and demand, the supply right now is soooooo big, no one worries the demand would be higher than the offer, therefore the value drops.
It seems to me that the real solution would be a way for people to spend their DVC directly, without affecting the exchange rate.
Thoughts?
Wholeheartedly agree. Other than computer parts and setting up bounties in this thread, I frankly see little in the way of Devcoin services...
Perhaps we should start a gambling site and/or a sale hub like Atlantis or BitMit. Those seem to be (relatively) simple ways to get some real DVC value in a short time.
Nice idea, but gamble isn't really something that would give coin a value
We need some serious service accepting DVCIt would be a start, at the very least. There's nothing like gambling, alcohol, and sex to inherently boost the value of anything...otherwise Las Vegas would just be a random patch of desert
I'm tempted to throw a few things for DVC together. My schedule is crazy busy for the next 2 weeks though since I'm gearing up for a hackathon on the 15th.
When we are done with the ad network it will be be one good service. But I would suggest someone create an anonymous hosting/vps site that accepts dvc, possibly registrar also.
I still think we need to control the amount of devcoins in the market, I know the idea of having less coins is not a nice one ever, but think about it from this side, if we are able somehow to rise the value of devcoins what you win in value will make it up for the nominal loose, in other words, devcoin value now is 0.000001 of a bitcoin what if you spend half your coins to make it 0.0001.
With this value the services you are talking about here will start to appear out of nothing, like going downhill, while trying the other way around will be a lot harder.
Luckybit,
Can you give me a quick answer to a couple questions for which I cannot find any good answer. This is relevant to the value and future of tokens such as devcoin which is why I'm asking it here and not in PM.
1) Since you cleared these are tokens which does change a lot with my own personal theories I'm hoping you can add some color to what I've been searching for.
2) What's your take on the incredibly stable bitcoin token, an utterly worthless video game token showing incredible strength and price stability at well above $120. From an econ point of view it's not possible for this length of time so maybe you can add some new perspective. I firmly believe the natural forces exacerbated after a few weeks and it is now being propped up, but for what purpose, by artificial means....but who and for what purpose, again?
3) These tokens are known about by maybe 1% of the population, and I mean, known as in knowledge not some quick thing they heard on channel 12 news. So it's only a matter of time before awareness explodes and goes logarithmic and depending the number of tokens on the market at the time most if not all coins can stand to gain massive price appreciation, especially one such as devcoin which has a large following. What's your take on this theory of mine and the possibility of it actually happening in my timeframe of 6-18 months or so?
4) Tokens are different than money but I think from the physics and economics point, such as supply and demand, velocity of money, turn over rate, etc,. these tokens should behave closely to the same model as money since in essence they can be treated as fiat money at some point so then their price can appreciate based on the same theories which govern the current market value of any fiat currency. What's your take on that and perhaps a timeframe?
Thanks in advance.
regards,
Vlad
Can you give me a quick answer to a couple questions for which I cannot find any good answer. This is relevant to the value and future of tokens such as devcoin which is why I'm asking it here and not in PM.
1) Since you cleared these are tokens which does change a lot with my own personal theories I'm hoping you can add some color to what I've been searching for.
2) What's your take on the incredibly stable bitcoin token, an utterly worthless video game token showing incredible strength and price stability at well above $120. From an econ point of view it's not possible for this length of time so maybe you can add some new perspective. I firmly believe the natural forces exacerbated after a few weeks and it is now being propped up, but for what purpose, by artificial means....but who and for what purpose, again?
3) These tokens are known about by maybe 1% of the population, and I mean, known as in knowledge not some quick thing they heard on channel 12 news. So it's only a matter of time before awareness explodes and goes logarithmic and depending the number of tokens on the market at the time most if not all coins can stand to gain massive price appreciation, especially one such as devcoin which has a large following. What's your take on this theory of mine and the possibility of it actually happening in my timeframe of 6-18 months or so?
4) Tokens are different than money but I think from the physics and economics point, such as supply and demand, velocity of money, turn over rate, etc,. these tokens should behave closely to the same model as money since in essence they can be treated as fiat money at some point so then their price can appreciate based on the same theories which govern the current market value of any fiat currency. What's your take on that and perhaps a timeframe?
Thanks in advance.
regards,
Vlad
I wouldn't say money is completely different than tokens.
Enter token, get service... Tokens are really just local currency. REALLY local.
Hi, Actually I would say Vlad and FinShaggyare correct on their statements.
We could have a look on the theory behind token money and money.
at http://wiki.answers.com/Q/What_is_the_difference_between_a_commodity_form_of_money_and_token_money you can find this:
Quote
A token form of money is when a form of money (for example a coin) is created that has little or no intrinsic value, but has value because a company or person has agreed to exchange the token for a good or service of value. One example is bus tokens - small coins that can be presented on buses in exchange for transportation.
Which fits the common knowledge of what a token is, but a more strict definition is found here http://oll.libertyfund.org/?option=com_staticxt&staticfile=show.php%3Ftitle=318&chapter=9929&layout=html&Itemid=27Quote
We must distinguish between coins according as they serve for standard money or for token money. A standard coin is one of which the value in exchange depends solely upon the value of the material contained in it. The stamp serves as a mere indication and guarantee of the quantity of fine metal. We may treat such coins as bullion, and melt them up or export them to countries where they are not legally current; yet the value of the metal being independent of legislation will everywhere be recognised.
Token coins, on the contrary, are defined in value by the fact that they can, by force of law or custom, be exchanged in a certain fixed ratio for standard coins. The metal contained in a token coin has of course a certain value; but it may be less than the legal value in almost any degree. In our English silver coinage the difference is from 9 to 12 per cent., according to the market price of silver; in our bronze coinage the difference is 75 per cent. The metal contained in the French bronze coins is in like manner equal in value to little more than one quarter of the current value. In many cases the difference has been far greater, as for instance in some of the old kreutzer pieces lately current in the German states. Woods's halfpence, which at one time created so much discontent in Ireland, or the small money previously issued by Charles II. in Ireland, are extreme instances of depreciated token money.
Therefore token money is basically ALL money we handle now-a-days, the main difference is, money handled centrally by a government authority is recognized by law, and criptocurrency is recognized by custom, is only a matter of time and social power to make custom into law.Token coins, on the contrary, are defined in value by the fact that they can, by force of law or custom, be exchanged in a certain fixed ratio for standard coins. The metal contained in a token coin has of course a certain value; but it may be less than the legal value in almost any degree. In our English silver coinage the difference is from 9 to 12 per cent., according to the market price of silver; in our bronze coinage the difference is 75 per cent. The metal contained in the French bronze coins is in like manner equal in value to little more than one quarter of the current value. In many cases the difference has been far greater, as for instance in some of the old kreutzer pieces lately current in the German states. Woods's halfpence, which at one time created so much discontent in Ireland, or the small money previously issued by Charles II. in Ireland, are extreme instances of depreciated token money.
It is kind of weird that once we made GRouPcoin and DeVCoin the constant complaints about bitcoin NOT constantly creating coins seems to have died out.
Maybe all the people who claimed that it is economically vital to keep creating coins forever were just bullshitting?
It would be useful to have them around to re-interate all their arguments, explaining that coins such as GRouPcoin and DeVCoin that keep creating coins forever are far superior to the intrinsically flawed "limited number ever" model exemplified by bitcoin...
-MarkM-
Maybe all the people who claimed that it is economically vital to keep creating coins forever were just bullshitting?
It would be useful to have them around to re-interate all their arguments, explaining that coins such as GRouPcoin and DeVCoin that keep creating coins forever are far superior to the intrinsically flawed "limited number ever" model exemplified by bitcoin...
-MarkM-
I agree Mark that a limited coin is flawed eseocially at 21 million. I don't disagree with printing more money but it should be less or using demurrage. Something to keep the billions from growing while the price is imploding.
I agree a lot with what luckybit says but I also think the way bitcoin, once a token, now a coins currency simply because its in demand, devcoin can too follow that route but it would take many adopters. And if what he says its true and we have hundreds and soon thousands of workers in third world countries then yes, it will destroy the plan cause most 1st world countries will not work for a small share that's only worth maybe $10, while over there that's a good wage but I doubt the content will the same quality there which is why I suggested more like a .25 share for third world countries to keep the businessplan from unraveling.
I also like his idea of devcoins not in use for an X amount of to auto destruct. That's brilliant as it limits the total numbers and it creates massive money volatility which would then put an upward pressure on the price as people will only hold on so long before selling the coins. Maybe a clause saying once sold the shares clock starts again but up to a limited amount of time to prevent abuse from clever guys with 10 different wallets.
Hello:
Here are my two cents.
I agree with having a debate about having unlimited, infinite or limited amount of coins, by the way none of those terms are equal, or exchangeable.
Personally, I am for a limited amount of coins created/destroyed every so often, lets say a year, of course this strategy is only for mature coins. This way you start the year with some amount, which you know is going to decrease by a percentage, and you have the whole year to create more. You will also have a whole year to decide wether to create less, to restore the amount lost with new coins or to increase it; a debate could be held to decide upon it.
I have to say I disagree with the idea of weighting quality of someones work through the amount asked for it or the region of the world it comes from. I have to remind the difference in quality of life is just evidence of the inequalities of the "global" society, which could and should be solved someway. One option might go through adopting an open currency which is socially maintained.
I don't even want them for free lol
I have to wonder, If that is true, why you bother leaving a message.
Miners keep complaining about the 90% 
they give from their devcoins, I think this complain comes out of fear to "lose" their potential wins 
, this may sound to some a bit absurd, but please let me know if I am wrong.
they give from their devcoins, I think this complain comes out of fear to "lose" their potential wins , this may sound to some a bit absurd, but please let me know if I am wrong.Devcoin has enabled Merged Mining, so there are no potential losses since you can also mine Bitcoin, Namecoin, and others at the same time. It would be pretty bad to try to solo mine Devcoin without an ASIC though since the network hashrate is awfully high thanks to Merged Mining.
We are working to bridge the gap by making solar powered machines for sale and to give away
Probably worth pointing out that devtome articles have to be in english for the moment.
Aw, really? We should work on setting up a "Translate each others work for Devcoins" program. And get even the stuff we already have put in other languages.
Miners keep complaining about the 90% they give from their devcoins, I think this complain comes out of fear to "lose" their potential wins , this may sound to some a bit absurd, but please let me know if I am wrong.
they give from their devcoins, I think this complain comes out of fear to "lose" their potential wins , this may sound to some a bit absurd, but please let me know if I am wrong.Devcoin has enabled Merged Mining, so there are no potential losses since you can also mine Bitcoin, Namecoin, and others at the same time. It would be pretty bad to try to solo mine Devcoin without an ASIC though since the network hashrate is awfully high thanks to Merged Mining.
Hello
I am having a bit of trouble buying shares, I see there are 5000 and the publi owns les than that, still you have shortage of shares now. ase they coming new ones or Am I doing somethin wrong .
I am having a bit of trouble buying shares, I see there are 5000 and the publi owns les than that, still you have shortage of shares now. ase they coming new ones
or Am I doing somethin wrong .I am not completely sure about this, but reading messages about devcoins back and forth, and I came to this idea, call it crazy if you must, but still:
Miners keep complaining about the 90% they give from their devcoins, I think this complain comes out of fear to "lose" their potential wins , this may sound to some a bit absurd, but please let me know if I am wrong.
Developers go to sites like http://www.devtome.com/ to produce with the backing of decoins funding, this adds to this crazy idea that developers are just lazy bones people who want to take advantage of hard-working miners.
Then developers get mad at miners
because they are short-sighted, and reply being rude, I may say that I understand the reaction, there must be a more constructive way to bond these concepts of mining devcoins and developing to earn devcoins.
I know many people are busy doing their own developing, but I think the community needs to find common grounds where the two groups can collaborate and appreciate each other, miners and developers getting funded by their work. I know funding is partial and the mining is very easy, still is better if people agree to do it cheerfully. I think this could be actually a project to develop, and I am willing do it 
.
Again please correct me if I am way off here.
Miners keep complaining about the 90%
they give from their devcoins, I think this complain comes out of fear to "lose" their potential wins , this may sound to some a bit absurd, but please let me know if I am wrong.Developers go to sites like http://www.devtome.com/ to produce with the backing of decoins funding, this adds to this crazy idea that developers are just lazy bones people who want to take advantage of hard-working miners.
Then developers get mad at miners
because they are short-sighted, and reply being rude, I may say that I understand the reaction, there must be a more constructive way to bond these concepts of mining devcoins and developing to earn devcoins.I know many people are busy doing their own developing, but I think the community needs to find common grounds where the two groups can collaborate and appreciate each other, miners and developers getting funded by their work. I know funding is partial and the mining is very easy, still is better if people agree to do it cheerfully
. I think this could be actually a project to develop, and I am willing do it .Again please correct me if I am way off here.
Again I am not saying it is not useful to have this coin, I am just stating the properties of other currencies through history.
I mean currency is not by any chance a new invention. Actually history shows there are several civilizations which add to different attempts to invent different kinds of money
I mean currency is not by any chance a new invention. Actually history shows there are several civilizations which add to different attempts to invent different kinds of money
The example you offered is confounding the commodity of money with the resource it is based on.
Quote
That's not true. There is "limitless" oxygen, yet it sells when you purify it and put it in tanks.
As long as devcoin is working towards something, it has value to whoever wants those things done
As long as devcoin is working towards something, it has value to whoever wants those things done
I would say cryptocurrencies are like fiat money
Commodity monies (precious metals,
stones, or arrowheads) have values that are
independent of what they will buy. Fiat
money (paper currency) is valuable only
because it is money; its use is based on
faith.
Meaning their value is based on faith, faith tho the system creating the money, and faith to the people backing its value
Commodity monies (precious metals,
stones, or arrowheads) have values that are
independent of what they will buy. Fiat
money (paper currency) is valuable only
because it is money; its use is based on
faith.
Meaning their value is based on faith, faith tho the system creating the money, and faith to the people backing its value
Devcoin is a great idea, but I am sure I read somewhere that creating any sort of money limitless is a problem for that currency, since it never aquires value
Quote
So, what is the maximum number of DVC ever to be mined (like 20 million for BTC) ? I searched for the answer, but it seems confusing. The official sites say that it is 21 billion (1000X number of BTC), but now I hear it is unlimited - is that true ? Did the software get changed sometime after first release ?
The maximum number of coins in any one wallet or address or in general any arithmetic/total, but coins will keep getting created, 50,000 per block, forever. So some century or other maybe larger than 64 bit integers will have to start being use if more than 21 billion ever need to be added up in any one arithmetic operation.
-MarkM-
Are you saying the limit is not 21 billion total, and it is unlimited ? Is there a document which says that ? The source code seems to indicate 21 billion total ever to be produced.
No, the source code indicates no individual variable containing a count of coins can count up to more than 21 billion.
Nowhere does the code add up all coins ever minted, it only adds up wallet, "account" and address totals. So as long as no individual wallet, "account" or address has more than 21 billion there could be billions of times that many coins total. It would just eventually need larger integers at some point if someone did try to add up all the coins in the entire blockchain.
Search for "subsidy" in main.cpp, it just does 50,000 coins per block forever, there is no halving and there is no block at which it stops minting.
-MarkM-
So the price of coins is basically just based on the projects and the rarity of the coins as more people come on board.
The maximum number of coins in any one wallet or address or in general any arithmetic/total, but coins will keep getting created, 50,000 per block, forever. So some century or other maybe larger than 64 bit integers will have to start being use if more than 21 billion ever need to be added up in any one arithmetic operation.
-MarkM-
Are you saying the limit is not 21 billion total, and it is unlimited ? Is there a document which says that ? The source code seems to indicate 21 billion total ever to be produced.
No, the source code indicates no individual variable containing a count of coins can count up to more than 21 billion.
Nowhere does the code add up all coins ever minted, it only adds up wallet, "account" and address totals. So as long as no individual wallet, "account" or address has more than 21 billion there could be billions of times that many coins total. It would just eventually need larger integers at some point if someone did try to add up all the coins in the entire blockchain.
Search for "subsidy" in main.cpp, it just does 50,000 coins per block forever, there is no halving and there is no block at which it stops minting.
-MarkM-
So the price of coins is basically just based on the projects and the rarity of the coins as more people come on board.
I wonder if we are able to give practical examples of how sharing and giving is better than other strategies, examples such as.
If I have hundreds or even thousands of millions of coins and the coin is not used because no one knows about it, then I end up with millions of NOTHING. If I make sure people start using the currency, then it will increase its chances of being there for a longtime, AND its value, I win both ways, it is better for ME to give some coins and share the currency.
Quote
That said, I offered to transfer 100,000 devcoins to finshaggy and in turn he's gonna agree to do the hard part (I hope) to distribute it to the first 100 guys (and gals) who open a new devwallet. And if he's too busy I'll make sure to do since I said I would.
I do not have that many Devcoins now, when I get them, I will share some for sure, that is because it is simply better for ME.If I have hundreds or even thousands of millions of coins and the coin is not used because no one knows about it, then I end up with millions of NOTHING. If I make sure people start using the currency, then it will increase its chances of being there for a longtime, AND its value, I win both ways, it is better for ME to give some coins and share the currency.