Topic: [ANN][NOTE]DNotes - Celebrating DNotes 3rd Birthday - Forum Now Open - page 19. (Read 814547 times)

Gee... I REALLY hate it when Bitcoin dies!    Especially when it's declared by someone in direct competition with Bitcoin....

Bitcoin is dead again ... https://www.cryptocoinsnews.com/p2p-money-transfer-firm-ceo-bitcoin-dead/ P2P Money Transfer Firm CEO: Bitcoin Is Dead

Exciting times ahead for our industry and DNotes! The post does make sense, but you never know what is actually going to happen. During the last bitcoin halving, it didn't have the market or volume. It will be interesting to see what happens.

Guy sounds knowledgeable and makes sense. I need to find some money to get some more bitcoin and dnotes.

Just for your reference:


How 420,000 might be bitcoin’s magic number
Daniel Masters
Director at Global Advisors Bitcoin Investment Fund Plc.

Apr 20, 201621 views2 Likes0 CommentsShare on LinkedInShare on FacebookShare on Twitter
28th November 2012 was a slow news day. There was a lunar eclipse -- the second that year -- and it was the first day since 1990 that the NYPD reported that no one was shot, stabbed or slashed in New York.  There wasn’t much to report. And while journalists around the World searched for a scoop one small story went uncovered – the reward for mining a block on the bitcoin blockchain had just halved.

 Commencing in January 9th 2009 when the Bitcoin blockchain initiated, each and every one of the 209,999 blocks mined, created at a rate of approximately one every ten minutes, in an uninterrupted 24/7/365 operation, had attracted a new, autonomous creation by the network itself of 50 new, never before seen, bitcoin.

 A lot had changed since 2009. The first block mined had 1 transaction (the special “coinbase” transaction that captures the reward) and no other activity. By 2012 the network size and activity had grown significantly and there were 543 transactions in the “pre-halving” block.

 The next block mined, at a height of precisely 210,000 blocks, as codified years earlier by Satoshi Nakamoto, had a 25 bitcoin reward.

 So what?

 Nothing much happened. However, a few months later the value of a bitcoin had increased dramatically. Prices had been steadily increasing as the halving approached, they ended 2011 at $7, and rose to $11 by September, 2012.

 The high tick by April 2013 was $259.

 Needless to say bitcoin has demonstrated stomach-churning volatility in the past and this meteoric rise met with considerable turbulence. None of this may in fact have had anything to do with the halving, it’s impossible to determine that one way or the other. But even so, there had certainly been an extraordinary chance to profit.

 So now we look forward to the next pre-ordained halving, at a block height of precisely 420,000. We sit at 408,138 at the time of writing, with the next halving expected on or around 11th July 2016. At that moment the 25 coin per block reward halves again, to 12.5

 It is interesting to think about whether we will see another price rise following this next event. I’m confident that there won’t be fireworks on the day itself, and indeed there is some prospect that prices will rise in advance of the event, fully discounting the effect ahead of time. I don’t see that happening currently.

 At this moment the value of all bitcoin in circulation is $6.7 billion. At the old rate of issuance, that puts $575m of new coin in circulation per year. Prices so far in 2016 have been relatively stable. That tells me that there is enough new investment and real time demand to match the creation of $575m new coin. It seems obvious that if that dollar-sized demand persists, which I believe it will, that the price of bitcoin must rise to meet it.

 Naysayers and haters will say -- in addition to the normal criticism of bitcoin -- that a drop of $288m per year in supply is not meaningful when compared to the $6.7 billion inventory.

 That’s not how commodities work.

 Just think about what happened recently in the oil market. Taking the USA alone we now have more oil and refined products in inventory than since records began, over 2 billion barrels. Yet the price of oil has risen 60% from the $25 low point early in the year.

 OPEC has hinted that the oil production introduced to the market will no longer rise. This will do very little indeed to change the inventory picture. It will remain engorged. So why the massive rally?

 Because commodities price on the rate of change of inventory, not on inventory.

 When bitcoin dipped in price in June 2015 I stated passionately prices couldn’t remain in the 200’s https://www.linkedin.com/pulse/elliptic-curves-fermat-bitcoin-daniel-masters?trk=mp-author-card

 I’m equally convinced that today, a price of $440 is, once again,  too low.


Source: https://www.linkedin.com/pulse/how-420000-might-bitcoins-magic-number-daniel-masters?trk=hb_ntf_MEGAPHONE_ARTICLE_POST

http://dcebrief.com/borders-are-meaningless-for-digital-currencies/

You got it right, Mark. If crypto is money, all the common people must also be involved, not just the geeks, the large corporations, the bankers and the wealthy. The CRISP, DNotesVault, and the book are all designed to appeal to everyone. It may take a few years but that is the best route to mass acceptance. The Dnotes Story will reach a lot of employers and their employees.

'The book is more than just a "white paper." '

There’s an interesting subtlety here:

once upon a laptop in a café, geeks traded Bitcoin, and they did so in a consciously libertarian milieu.

And the hope was that Ordinary People would get (directly) involved.

Then, suddenly, it was all about automated exchanges – a little sad ‘cause that development kept cryptos in the immature speculative-trading phase, preyed on by Not-Ordinary-People and Wall-Street refugees.

T h e n Knowledge of Cryptos (whatchamacallit, ‘blockchain’) reached banks and corporations. And think tanks. And governments. And VC startups.

That is, again, a lurch away from Ordinary People being involved. Remember ‘mass adoption’? Well, it seems that the only dev team on Planet Krypto still resolutely oriented to actual currency-connected-to-Ordinary-People cryptographic-currency development is Dnotes.

Go, Dnotes!

You are most welcome, RJF. The launching of the book "The Four Pillars of Business Success" will likely be the most amazing winning strategy I have ever attempted. I am confident that it will be very well executed. It will give us an immense amount of fire-power. I don't like to aim high without being totally confident that we can generate the tools and fuel to get there. The book is more than just a "white paper." It is a very comprehensive instruction guide for us and equally useful for any entrepreneurs and more. It's best to let our readers be the judges.

Thank you Alan, I feel honored!  And yes, I was referring to the book mainly but DNotes in general. We will only rise to the heights we see ourselves at in the future so, aim high and remember, nothing is out of reach if you have a plan.

This is one of my favorite articles from Thomas, lot's of good points raised, I'm glad to see you pointed that out.

Absolutely! Someone should send the author your article http://dcebrief.com/cryptocurrency-is-the-perfect-playground-for-kids-to-learn-about-investing/

This is a good one! There's no need to read the whole article, it's just confirmation of what we already know. The fact that it is coming from the mainstream shows the evolution starting.


Should you give your kid a digital allowance?

Children as young as five are getting their own debit cards

Call them the “electronic wallet” generation, or the “swipe” kids, because no longer is the allowance debate about whether or not to pay their children to do chores. The conversation now surrounds getting children as young as five their own debit cards.

“It’s a personal decision,” says Shirley Malloy*, an associate vice-president at Toronto-Dominion Bank. “But there are definitely benefits for children or pre-teens to having their own debit card. First, it reflects our current reality around technology. It’s also a learning opportunity.” Malloy says parents can set a daily limit, so they take an active role in their children’s spending and saving habits, rather than just hand out cash once a week. “You can teach your child to be independent, to protect passwords, to think before they spend, and to pay themselves first.”

Proponents of the plastic allowance say a first debit card is a modern passage into adulthood. It allows parents to easily transfer allowances into their children’s accounts whenever they want; kids can access the money with the swipe of a card. They don’t view it as a passport to profligacy. Some parents simply find it safer than young kids carrying cash. In fact, the e-allowance route, as opposed to handing cash to kids, who will rarely keep receipts for what they purchase, has its advantages, they argue.

http://www.moneysense.ca/spend/should-you-give-your-kid-a-digital-allowance/

Great article Thomas.

Like - "The central location in the network of payments ensured banks were always best placed to introduce currency into circulation. However, the internet has broken that relationship and enabled digital currency to be circulated without the banking system itself, the logistics that became the norm for the banking industry worldwide simply no longer apply after the growth of easy internet access for the majority."

http://dcebrief.com/is-it-feasible-to-think-cryptocurrency-can-compete-globally/

Good suggestions infovortice, I will add them to my tracker.

The error on four pillars site. See if it cleared on it's own?

mmm maybe a cloud mining platform owned by DNotes for vault users.

 or more radical protocol/algo change to DPOS like protoshares its ecologic and i think match perfectly with DNotes market sector, always can be mined in multipools, and can deal delegates with potencial parthners.

own exchange just for trade it for another moar popular coins, just simple one to keep integrated with other alts comunities

Some kind mechanism to give rights to other person just the case a fatality not loose coins

predefined models or assesoration department to help bussiness adding/use DNotes features

some kind of vote to heard customers/comunity/holders thinking

DNotes raspi plug and play, so people if wanna  help decentralice network, and maybe a special private pool just for them with bonuses

i got this error in web book
Conexión segura fallida

Ha ocurrido un error durante una conexión a fourpillarsofbusinesssuccess.com. El servidor OCSP sugiere que lo intente de nuevo más tarde. Código de error: SEC_ERROR_OCSP_TRY_SERVER_LATER

I trust that you are referring to the book. It has a good shot at it. The book is written with deep  passion to be helpful to entrepreneurs, as well as any employees; in short very broad-based audience.  It is expected to bring about great awareness and credibility for DNotes. That is what we need to gain mass acceptance. You will be one of the first few to get a finished copy, pending final editing. Give us your honest review after you have a chance to go through it. Anyone else interested to get a sneak peek version may pm me with your email. Check out the book summary and name two chapters you are most interested in:  https://fourpillarsofbusinesssuccess.com/

Shoot for the Moon they used to say...   

Excellent suggestions everyone! I will keep track of these.