Search content
Sort by
Showing 7 of 7 results by operaficionado
There is no point to any of the alt-coins because they provide no value other than a means to make the owners of the exchanges rich and/or a means for late-comers to be able to get some bitcoins in a faster and easier fashion.
Unless an alt-coin is accepted for goods and services it has no value and cannot have value.
Unless an alt-coin is accepted for goods and services it has no value and cannot have value.
Time will tell whether other alt-currencies are valued or not. Right now, you can buy online hosting services using many alt-currencies through www.Litehosting.org. More online merchants are starting to realize that if people are willing to pay you for one of these alt-currencies, it's MONEY! :-P
When I say that devcoin is different, it is because it has a much greater potential to building an real community around DevToMe and Devcoin, a community that cares about the future of devcoin. This is due to the fact that Devtome takes care of its "developers" (e.g. writers, programmers, administrators) by "donating" to them (paying them) in devcoin. This idea is contagious, as we have all witnessed. If the people working for devtome care about making their work valuable and keeping it relevant, they are going to promote the shit out of devcoins and try and raise the price so they can sell their earnings for more.
People are saying there aren't that many writers right now, but they have doubled in the past month, and last month doubled from the month before. Look at the "Devtome Earnings" from each of these. Look at the number of writers and number of shares:
https://github.com/Unthinkingbit/charity/blob/master/account_24.csv
https://github.com/Unthinkingbit/charity/blob/master/account_23.csv
https://github.com/Unthinkingbit/charity/blob/master/account_22.csv
Devcoin is blowing up. It sucks because we aren't getting as much as we could out of a share, but in a way it can be seen as a good thing. Devcoin has more promoters now. People are never as interested in a coin if they do not hold it in their wallet, once they have a bunch, it's in their interest to talk about it a ton and try and get people interested in buying them.
So, the drawing factors of devcoin are as follows:
-Empowers creative people to take part in crypto currency
-Extremely cheap transaction costs. If you want to send a bitcoin and make sure the person you are sending to receives it within the next 6 blocks, it costs .0005BTC. If you want to send devcoin on the same pretenses, it costs 1DVC. The difference is monumental (especially if you have a high volume of transactions per day/week/month)
-Devcoin is merge-mined with Bitcoin. This means that as long as there is someone mining bitcoin, there will be someone mining devcoin. Therefore, devcoin will never die as long as bitcoin is up and running.
-Devcoin is one of the oldest alternate currencies, and is highly trusted as a secure currency.
-Regulations are being discussed, soon there are going to be rules to keep people from fucking over all the other developers of devtome, and people are going to be earning a fair amount of devcoins per share. This should come soon, and make devcoin more difficult to acquire (because you'll actually have to work to earn it), organically bringing the price upwards.
Once more people learn about devcoin and its value in the crypto market, there's no way it can't go upwards; even though it is designed to be 1/1000th of other alternate currencies, we're nowhere near that amount. Those who acquire devcoin now will have a pretty impressive ROI.
People are saying there aren't that many writers right now, but they have doubled in the past month, and last month doubled from the month before. Look at the "Devtome Earnings" from each of these. Look at the number of writers and number of shares:
https://github.com/Unthinkingbit/charity/blob/master/account_24.csv
https://github.com/Unthinkingbit/charity/blob/master/account_23.csv
https://github.com/Unthinkingbit/charity/blob/master/account_22.csv
Devcoin is blowing up. It sucks because we aren't getting as much as we could out of a share, but in a way it can be seen as a good thing. Devcoin has more promoters now. People are never as interested in a coin if they do not hold it in their wallet, once they have a bunch, it's in their interest to talk about it a ton and try and get people interested in buying them.
So, the drawing factors of devcoin are as follows:
-Empowers creative people to take part in crypto currency
-Extremely cheap transaction costs. If you want to send a bitcoin and make sure the person you are sending to receives it within the next 6 blocks, it costs .0005BTC. If you want to send devcoin on the same pretenses, it costs 1DVC. The difference is monumental (especially if you have a high volume of transactions per day/week/month)
-Devcoin is merge-mined with Bitcoin. This means that as long as there is someone mining bitcoin, there will be someone mining devcoin. Therefore, devcoin will never die as long as bitcoin is up and running.
-Devcoin is one of the oldest alternate currencies, and is highly trusted as a secure currency.
-Regulations are being discussed, soon there are going to be rules to keep people from fucking over all the other developers of devtome, and people are going to be earning a fair amount of devcoins per share. This should come soon, and make devcoin more difficult to acquire (because you'll actually have to work to earn it), organically bringing the price upwards.
Once more people learn about devcoin and its value in the crypto market, there's no way it can't go upwards; even though it is designed to be 1/1000th of other alternate currencies, we're nowhere near that amount. Those who acquire devcoin now will have a pretty impressive ROI.
Yes, I too believe that the main problem with this idea will be to gain trust in your buyers.
I personally like the idea; a wallet in which you know the public key so you can send BTC to that address and check your balance, and can only be spent if you really need the money and are willing to throw the coin/wallet away. It would serve as a savings account, or even a piggy bank!
If it is meant to be a disposable coin/wallet (after it has been spent), I believe it should be affordable. I think you could probably sell it for $10 because of its novelty value, but if you're charging more I personally would not want it.
A way you could make more from this is offer the coin (as a physical wallet) for $10 with one satoshi on it, and give the option of buying a coin with a balance of .5BTC, 1BTC, 1.5BTC, etc. You could charge an extra percentage or two above market value and earn a good amount of BTC over time
Can't wait to see what it looks like.
I personally like the idea; a wallet in which you know the public key so you can send BTC to that address and check your balance, and can only be spent if you really need the money and are willing to throw the coin/wallet away. It would serve as a savings account, or even a piggy bank!
If it is meant to be a disposable coin/wallet (after it has been spent), I believe it should be affordable. I think you could probably sell it for $10 because of its novelty value, but if you're charging more I personally would not want it.
A way you could make more from this is offer the coin (as a physical wallet) for $10 with one satoshi on it, and give the option of buying a coin with a balance of .5BTC, 1BTC, 1.5BTC, etc. You could charge an extra percentage or two above market value and earn a good amount of BTC over time
Can't wait to see what it looks like.
devcoin is suxx
Only if "Is Suxx" means "Is AWESOME"
Haha, agreed. I started writing for devtome about two months ago and I'm going long on devcoin. I've sold a bit for bitcoin but I'm definitely holding fast on at least half of my earnings from my shares.
FinShaggy, you're killing it right now! How do you write so much?
Motherboard is MSI Z77A-GD65 GAMING.
Windows 7 enterprise.
Five 7850's.
5th card does not show up in GPU-Z.
What is the basic advice in this situation?
Windows 7 enterprise.
Five 7850's.
5th card does not show up in GPU-Z.
What is the basic advice in this situation?
Hey, I am setting up my first rig on Ubuntu and I haven't been able to fit 5 GPUs on my motherboard, but 4 works perfectly
maybe you should give Ubuntu a shot and see if it works for you.