Topic: [ANN] DigitalNote |XDN| - ICCO Announce - NEWS - page 116. (Read 450263 times)

I at first though XDN would be a good long term investment but later i realized that wont be the case, xdn is a very insecure coin, only one pool left, mining isn't profitable(it's a joke). The low transaction fee and ability to send messages wont save this coin. I don't really have the "cold" needed for trading but i don't want to be a bagholder.

The XMR community keeps growing and they keep improving the coin, if the monero price fall it will if anything bring the xdn price down even more.

No need to be sorry.
When you put in that big an investment I assumed you were going to stick in the long run.
Since you seem to have a fair capital, look into technical analysis (if you don't know it already), and I guess be careful.
I also have been pretty enthusiastic (too much) about promoting this coin...
I think you're right in saying PoA is probably still a while away.

One thing that did give me hope was a teacher who contacted me and was interested in promoting it to other teachers and kids to spread awareness of DigitalNote (Reddit).

I think I'm hanging around a bit longer, I naively thought the increase in price was because of promotion, but it seems to be the monero bubble that did it. I'm gonna take a last chance for say a month or so, and if it doesn't work out, then I guess I'll leave this community too.

It's not ShapeShift, but https://changelly.com/ is similar and supports XDN! Worked fine for me a few months back.

I am terrible sorry
I did a huge mistake at buying after this coin was pumped, i was thinking i would somehow become rich and bough for 4300$(in total), the price increased for a while but i didn't sell in time, instead i was stupid enough to buy even more after the price went down but it continued down. I managed to sell half of my XDN at a minor loss(avaraged almost 27 satoshi) but the rest was painful, only 23 satoshi.

I am sorry that i ever promoted this unfinished project, it stand no chance against SDC and XMR and i no longer expect the devs to deliver PoA any time soon. The price will continue down, likely down to 15 satoshi at best. I lost a lot of money in this(370$) but i will take it as a man and not be a pathetic bagholder, i might change my mind but then the price will be down another 30%.

I am certain this loss ended up saving me money in the future, i might be smart but i also have weaknesses, i got overenthusiastic about this coin and i didn't see reality until it was too late.

i am terrible sorry and i deserved to lose money, i am really sorry. You really said what needed to be said. I have to be honest i feel much better now when i have sold my XDN at loss, it was a actually a huge relief, no i can go on with my life again and stop worrying about my money. XDN is a very insecure coin due to low inflation(0.29%) and low market cap but an increase in value would also attract attackers so it's not a viable solution unless the increase is at least 100x.

I guess i should stick to stocks/similar, then at least i own something real, not just data with no intrinsic value. It might turn out that XDN recovers but my guess is that the downtrend will continue.

As for marketing well i do not think it is time for that but i do think the devs should communicate their progress, i got a fealing that they aren't honest in how much work that is left for PoA. The devs first stated it would be finished the last year but unfortinatily they were terrible wrong(this is often the case), it will probably be finished 2017 at best.

The dev and supporters must speak with the same voice, same language. Devs should lead, share their vision, and rally bystanders who share similar views. Support groups will follow.

Well its not like the miners (the heart of the coin) are making any money either right. People are out there promoting it. ive made posts here on steemit also crypto compare and gotten several friends mining it. The problem is people want to hear from the devs and they want to hear from them on a regular basis. look at any major alt right now and you will see the devs constantly promoting and interacting with the public. If the coin is going to ever be anything the devs need to promote it. a XDN holder cant make the OFFICAL facebook/twitter/slack/youtube. its not about fast short term gains its about long term mass adoption. as for "why do so many ppl want to push unfinished (beta) projects on an (as yet) uneducated public?" i quote from the XDN website "Ready for mass adoption, accurate digital money, the 6th perfect number" and the public will always be uneducated if they never hear of the coin. The devs are awesome and i love their work... they just need to be more active in the community and outside of BCT.

  why do so many ppl want to push unfinished (beta) projects on an (as yet) uneducated public?
 
 fast short term gains based on unfoundable hype?

the devs owe us more free work? are you kidding?

if you think xdn should be promoted, please feel free to get your ass out there and by all honest means, promote

What do you mean we cannot expect the devs to do marketing? I don't know who but someone from the XDN group (devs or founder) has to do it, like is happening with the other altcoins.

I firmly believe that is also in the interest of the XDN team to do marketing. Why? They work hard for a project no one will know about it nor will use it and cant make some money out of it. It's not a very intelligent thing to do. It's a big waste.

Which investor would be willing to spend a large amount of money for a group of people he doesn't know?

For instance who are the devs and founders? What's their background? What was their biggest achievement? What's their aim? How many people/devs work in this project? Do they have a deadline? How many hours per week do they work on this project? How much they are reliable? etc

What they can do, though, it's to look for someone (and this requires some publicity) who knows something about marketing  who really believes in XDN, and is willing to do marketing for them, gaining some XDN coins for free, and that eventually through marketing made by him/her the XDN price will grow in value and that would be their salary for the job.

It will be nice if the developers could assist. At the end of the day, they are the project owners. What we could do is to give opinions and advice the various ways to keep the project moving forward.

Developers tend to have a deep passion for programming and improving their own product but sometimes they may neglect or overlook other matters. I know some hard core programmers are not interested in other stuffs apart from coding.

Some of us here have proposed the need to (1) Increase market capitalization and (2) improve publicity.

We should always clear the easiest hurdle first. Earlier, we hope to increase market capitalization by introducing the coin to Yobit and Shapeshift. Introducing XDN to Yobit is certainly the next easiest task to handle.

I am not sure what is the requirements to get into Shapeshift.

We have not heard anything from "Satoshi Nakamoto" since 2010 but bitcoin didn't fail. My belief is that we should reach a point where no more hardforks should be done and the devs should no longer be needed. XDN is of course not a finished coin yet, PoA is a huge change and should be done before the coin gets large. We dont want to end up with an etherium situation(hardforking a billion dollar network in a questionable direction).

One problem i see is that we have no clear schedule for when PoA will be implemented, ideally this should be decided even before launching the coin, unfortunately that wont be possible for XDN but i have some ideas in the case anyone is interested in starting a fresh PoA currency.

why would you not expect them to market their own coin? its not going to market its self.  they develop it for free and by their own choice like every other dev. surely they hold XDN, they would benefit just as much as we would by marketing it. no one will invest in a coin that no one knows about. it just will not happen. they are going to need to take the first steps and the first steps are free. start an official twitter/facebook and be active on it. slack?  youtube videos? People want to hear from the devs not randoms who own a few XDN. after they do that and only after will people actually invest large sums of money into this coin. Miners mine and holders hold that's our job done. its on the dev team to show us and everyone else why their coin is worth owning.

We cannot expect the devs to do marketing , it is enough that they do development almost for free. What i think will be needed is an investor willing to spend a lot of money on this buying up a large share and market it, i am personally not willing to do that since i need my savings for starting a business.

this is sooo on point. devs need to get out there and let people know XDN is a thing. otherwise this coin will never be worth more than 35 or 40 sats. iv have been following XDN for almost 2 years and devs have done nothing in terms of marketing. you guys need to do it yourselfs or pay someone to do it for you. people will soon leave this coin for better marketed ones. please PLEASE do somthing.

I think monero uses secp256r1 and not secp256k1 (eliptic curve), the same should be true for other cryptonote coins, i will try to find more info. My guess is that the answer is "no".

I can file a report to add it to yobit. All I need is someone to tell me what secp256k1 ver means. The options for it are no, old and new.
Once I know, I can request XDN to be added.

Could someone make a tutorial on YouTube about the wallet?

Also, should we setup a slack channel for DigitalNote?

That's matter of capital I think. All the altcoins there have a higher capital than XDN

Poor marketing = low capital = no shapeshift no Yobit

Perhaps there can be a more private and formal channel where keen members are willing to contribute to the success of XDN. For a start, there is a need to get into Yobit and Shapeshift

To XDN


When are you going to start marketing?

You are pretty much absent from any social network. How do you think people will know about you?

You haven't even posted a Youtube video that addresses what is XDN, its features and why it is better than other altcoins.

See, even if we start marketing on your behalf (for our own decision) our efforts would be useless, because all the people we try to contact, will look deep into XDN before putting their money and they will find almost nothing.

Hardly people will leave a coin (with its advantages and disadvantages) they know for something not known coupled with a poor marketing.

The devs can work as hard as they can and they can even develop the most technological features that can ever be conceived from human mind, but as long as there is no marketing, all their efforts, time, and money would be a waste.

I believe that is in your and our interest that you also need to focus on marketing seriously if we wanna give a bright future to this coin.

I and other users will help you to widespread the XDN to other forums for people awareness. However everything has to start from you guys and need to be constant with it.


Kindly waiting for your reply.

I dont really like bitcoin, i like xmr and xdn much better. BTC is becoming more and more centralized, this always happen as the price of the PoW currency increases. To be honest i am not really a fan on PoS but i guess it is better than a few giant asic farms having over 50% of the hash-rate.

Looks like XDN went down again, i sold half mine at 26.5 satoshi(avarage), it was painful but i had to cut my losses. I will keep the rest of my XDN for now and maybe invest more again if i see things moving in the right direction.

It's good to look at bitcoin users. Maybe we can start from them.

However I find a bit annoying that everything has to do with bitcoin.

We also need to find people out from the sphere of bitcoin.

Bitcoin users became as such because they saw some opportunity with it or features they were interested in.

I wish we don't just have to attract Bitcoin or Monero users to XDN. It's time that people will start to look at the world of digital currencies first from DigitalNote, so that DigitalNote is able to attract its own users and Bitcoin will start to be weak.

We need to have plans and being ambitious.