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Topic: [ANN][NOTE]DNotes - Celebrating DNotes 3rd Birthday - Forum Now Open - page 23. (Read 814539 times)

sr. member
Activity: 420
Merit: 250
AKA RJF - Since '14 - On line since '84
What does everyone think of the recent price drop in Ethereum? They lost over 500 million from their market cap in less than a week.

In my opinion they've gotten way ahead of themselves (going against Alan's advice), and taken on more investment capital than they know what to do with. The only applications that have actually been produced are dice games, gambling apps, ponzi "businesses", pyramid "businesses"; The rapid ascension in price has certainly attracted some unsavory characters.

All this aside, the failure of an entire billion dollar currency at this point would be disastrous for our industry's reputation, so let's hope they can get back on track.

I see it as the same instability and market volatility that most all ALT coins have. The difference is that if KitteCoin drops 50% you loose a cent or two but with Ether, you loose real money. I don't think they have failed, I think people expected too much from them too soon. Hype is a powerful enticement when it comes to separating you from your investable funds.  

That's one of the MANY reasons I invested in DNotes, stability.
 
legendary
Activity: 1610
Merit: 1060
What does everyone think of the recent price drop in Ethereum? They lost over 500 million from their market cap in less than a week.

In my opinion they've gotten way ahead of themselves (going against Alan's advice), and taken on more investment capital than they know what to do with. The only applications that have actually been produced are dice games, gambling apps, ponzi "businesses", pyramid "businesses"; The rapid ascension in price has certainly attracted some unsavory characters.

All this aside, the failure of an entire billion dollar currency at this point would be disastrous for our industry's reputation, so let's hope they can get back on track.

They are the closest to implementing on a large scale a sustainable cryptocurrency based on blockchain services.  The excitement got ahead of real demand for their services,  but I'm pretty confident they will continue to build and grow their development.  You are right,  if they lose their value to quickly it won't be good for our industry.  

The market value at a $1 billion appeared rich at this stage, so a drastic price adjustment is not a big surprise. However, they are among the most promising in terms of smart contract applications, though I have yet to see solid use cases.

My reservations are that Ethereum will likely see competition and Ether is technically a utility token; not a currency. Having said that, I have a great deal of respect for what they have accomplished.

Industry wide, I am troubled by the huge participation and investment in anything "blockchain". Personally, I fear that the vast majority of them are going for a "wild goose chase". The most fundamental thing about Bitcoin and digital currency is that you can only spend it if you have it in your wallet. You can not create money out of thin air or write up IOUs. When an asset of value is committed to the blockchain to guarantee a certain value that amount must be of full and equal value. Anyway, this is only one example.

I don't want to get way ahead of the game, but what DNotes is doing is to understand all the issues and position ourselves to provide the most viable and best solutions. I am very comfortable that we have the solutions. We have been building for the solutions block by block. It takes a lot more than just being "me too."
 
legendary
Activity: 1932
Merit: 1111
DNotes
What does everyone think of the recent price drop in Ethereum? They lost over 500 million from their market cap in less than a week.

In my opinion they've gotten way ahead of themselves (going against Alan's advice), and taken on more investment capital than they know what to do with. The only applications that have actually been produced are dice games, gambling apps, ponzi "businesses", pyramid "businesses"; The rapid ascension in price has certainly attracted some unsavory characters.

All this aside, the failure of an entire billion dollar currency at this point would be disastrous for our industry's reputation, so let's hope they can get back on track.

They are the closest to implementing on a large scale a sustainable cryptocurrency based on blockchain services.  The excitement got ahead of real demand for their services,  but I'm pretty confident they will continue to build and grow their development.  You are right,  if they lose their value to quickly it won't be good for our industry. 
legendary
Activity: 1932
Merit: 1111
DNotes

Has anyone seen this and if so, what do you think of it? I'm always looking for the easy way - lol.


Authy OneTouch Offers New Way to Use 2 Factor Authentication

https://news.bitcoin.com/authy-onetouch-new-2fa/

Cool,  I've used authy before a long time ago and preferred authenticator.  But the new one swipe looks like it's worth a shot. 

One thing they pointed out is the cost of the easy to use "send me a text code" methods. Very expensive.
hero member
Activity: 493
Merit: 500
What does everyone think of the recent price drop in Ethereum? They lost over 500 million from their market cap in less than a week.

In my opinion they've gotten way ahead of themselves (going against Alan's advice), and taken on more investment capital than they know what to do with. The only applications that have actually been produced are dice games, gambling apps, ponzi "businesses", pyramid "businesses"; The rapid ascension in price has certainly attracted some unsavory characters.

All this aside, the failure of an entire billion dollar currency at this point would be disastrous for our industry's reputation, so let's hope they can get back on track.
legendary
Activity: 1638
Merit: 1005

Has anyone seen this and if so, what do you think of it? I'm always looking for the easy way - lol.


Authy OneTouch Offers New Way to Use 2 Factor Authentication

https://news.bitcoin.com/authy-onetouch-new-2fa/
legendary
Activity: 1932
Merit: 1111
DNotes
We are posting the DNotes story as the featured article today.


http://dcebrief.com/the-dnotes-story-an-unfolding-big-bold-idea-of-global-scale/

I highly suggest everyone take the time to read The DNotes Story. The story is a bit longer than usual DCEBrief articles, but well worth it.

Thank you CryptoBroker. I recommend sharing it on social media as well. The story makes what we are trying to accomplish with DNotes pretty clear. We need to push and get the word out. 

Noted and shared on every social media site I have an account for.

Fantastic! This is a great place to send people who want to learn about DNotes. When I try to send people to the forum, they give up, and it's difficult to explain everything, this is perfect.

Thanks Kanus, it is a great article to send people to find out more about DNotes. As well as the DNotes category on DCEBrief.
sr. member
Activity: 452
Merit: 250
We are posting the DNotes story as the featured article today.


http://dcebrief.com/the-dnotes-story-an-unfolding-big-bold-idea-of-global-scale/

I highly suggest everyone take the time to read The DNotes Story. The story is a bit longer than usual DCEBrief articles, but well worth it.

Thank you CryptoBroker. I recommend sharing it on social media as well. The story makes what we are trying to accomplish with DNotes pretty clear. We need to push and get the word out. 

Noted and shared on every social media site I have an account for.

Fantastic! This is a great place to send people who want to learn about DNotes. When I try to send people to the forum, they give up, and it's difficult to explain everything, this is perfect.
legendary
Activity: 1610
Merit: 1060
I'm getting positive feedback for the article on my own social media fora - happy days.

Now to update LinkedIn so that it's more of an subtle advertisement of DNotes. You never know who might be reading it.

Very good feed back so far. It is about developing awareness and building credibility. I am very disciplined about not getting ahead of ourselves. We have been putting in huge efforts in building something of substance; I believe that we are there or very close to it. We can now take pride to share our story with the rest of the world. A lot of people can benefit from our hard work, both small and big investors. And the book provides an enormous source of knowledge and good advice for any entrepreneurs. We have a lot to be proud of as a group and I am personally indebted to all of you in different ways. Thank you all for your hard work, support, and confidence in DNotes. 
hero member
Activity: 846
Merit: 535
I'm getting positive feedback for the article on my own social media fora - happy days.

Now to update LinkedIn so that it's more of an subtle advertisement of DNotes. You never know who might be reading it.
hero member
Activity: 493
Merit: 500
We are posting the DNotes story as the featured article today.


http://dcebrief.com/the-dnotes-story-an-unfolding-big-bold-idea-of-global-scale/

I highly suggest everyone take the time to read The DNotes Story. The story is a bit longer than usual DCEBrief articles, but well worth it.

Thank you CryptoBroker. I recommend sharing it on social media as well. The story makes what we are trying to accomplish with DNotes pretty clear. We need to push and get the word out. 

Noted and shared on every social media site I have an account for.
sr. member
Activity: 420
Merit: 250
AKA RJF - Since '14 - On line since '84
We are posting the DNotes story as the featured article today.


http://dcebrief.com/the-dnotes-story-an-unfolding-big-bold-idea-of-global-scale/

I highly suggest everyone take the time to read The DNotes Story. The story is a bit longer than usual DCEBrief articles, but well worth it.

Wow! Excellent write up, super...
legendary
Activity: 1932
Merit: 1111
DNotes
We are posting the DNotes story as the featured article today.


http://dcebrief.com/the-dnotes-story-an-unfolding-big-bold-idea-of-global-scale/

I highly suggest everyone take the time to read The DNotes Story. The story is a bit longer than usual DCEBrief articles, but well worth it.

Thank you CryptoBroker. I recommend sharing it on social media as well. The story makes what we are trying to accomplish with DNotes pretty clear. We need to push and get the word out. 
hero member
Activity: 493
Merit: 500
We are posting the DNotes story as the featured article today.


http://dcebrief.com/the-dnotes-story-an-unfolding-big-bold-idea-of-global-scale/

I highly suggest everyone take the time to read The DNotes Story. The story is a bit longer than usual DCEBrief articles, but well worth it.
legendary
Activity: 1932
Merit: 1111
DNotes
Interesting article on Coindesk covering privacy, secrecy, and cypherpunks in the cryptocurrency space. Bitcoin and the Rise of the Cypherpunks
legendary
Activity: 1932
Merit: 1111
DNotes
wow,this coin alive too long Shocked Shocked

Welcome kenboy, and we still have a long way to go.
sr. member
Activity: 378
Merit: 250
wow,this coin alive too long Shocked Shocked
legendary
Activity: 1610
Merit: 1060

New York Times article states mobile pay is slow in taking off with consumers.


Why We Are Still Reaching for Wallets, Not Phones, at the Checkout

http://www.nytimes.com/2016/04/07/business/dealbook/why-we-are-still-reaching-for-wallets-not-phones-at-the-checkout.html

Interesting and somewhat expected when dealing with a persons finances and private information. Slow adoption is not a sign of failure in this case though and as the article stated, when there is significant advantage to using the app, like the starbucks one, people will use it. It is something we have to consider as we start to roll out DNotes payment network. How do we make it faster, more secure, and significant benefit to the user.

I would venture say a big part of the reason "pay by phone" and other NFC payment solutions hasn't caught on is the merchants themselves. For example, I was shopping at a huge national retailer and asked the checkout person if they supported ApplePay on their terminals. The answer? "I don't know, whats that?" To put it mildly, a less than acceptable answer from a multi billion dollar retailer sporting multiple red circles on their masthead.  Since the terminal had the NFC symbol, I proceeded to show her how it worked and, yes, they supported it. Several others in line originally upset by the "delay" of several seconds in their self important lives then murmured "So that what that means"  Sad at best.

So, lets be real, if the store doesn't even know what they support, how confident would most people be in "giving it a try"? Not many I'm thinking. The lack of "follow through" in modern business is shocking...

 

Very good points, RJF. Great ideas are exciting but without focus, great execution, and "follow through" the lack of success and failures are common outcomes.

In the case of DNotes, we have purposely not engaged the temptation promoting DNotes as a form of payment to set up merchant accounts because we know that until we are ready we can not succeed. Yet I am still noticing many of our industry peers proudly proclaiming that their coins are going to be widely accepted by merchants as payment. I can not name a handful that have much of anything to show for.

Only one really. GULDEN (NLG) has just completed a project whereby any merchant that accepts Bitcoin can also accept NLG. I believe they are the first in this regard. While I haven't looked too deeply into the technology, it is a step in the right direction, for them at least, since they are focusing on real world payment infrastructure.



GULDEN is on my radar. Their mobile application is impressive.
sr. member
Activity: 420
Merit: 250
AKA RJF - Since '14 - On line since '84

New York Times article states mobile pay is slow in taking off with consumers.


Why We Are Still Reaching for Wallets, Not Phones, at the Checkout

http://www.nytimes.com/2016/04/07/business/dealbook/why-we-are-still-reaching-for-wallets-not-phones-at-the-checkout.html

Interesting and somewhat expected when dealing with a persons finances and private information. Slow adoption is not a sign of failure in this case though and as the article stated, when there is significant advantage to using the app, like the starbucks one, people will use it. It is something we have to consider as we start to roll out DNotes payment network. How do we make it faster, more secure, and significant benefit to the user.

I would venture say a big part of the reason "pay by phone" and other NFC payment solutions hasn't caught on is the merchants themselves. For example, I was shopping at a huge national retailer and asked the checkout person if they supported ApplePay on their terminals. The answer? "I don't know, whats that?" To put it mildly, a less than acceptable answer from a multi billion dollar retailer sporting multiple red circles on their masthead.  Since the terminal had the NFC symbol, I proceeded to show her how it worked and, yes, they supported it. Several others in line originally upset by the "delay" of several seconds in their self important lives then murmured "So that what that means"  Sad at best.

So, lets be real, if the store doesn't even know what they support, how confident would most people be in "giving it a try"? Not many I'm thinking. The lack of "follow through" in modern business is shocking...

 

Very good points, RJF. Great ideas are exciting but without focus, great execution, and "follow through" the lack of success and failures are common outcomes.

In the case of DNotes, we have purposely not engaged the temptation promoting DNotes as a form of payment to set up merchant accounts because we know that until we are ready we can not succeed. Yet I am still noticing many of our industry peers proudly proclaiming that their coins are going to be widely accepted by merchants as payment. I can not name a handful that have much of anything to show for.

Only one really. GULDEN (NLG) has just completed a project whereby any merchant that accepts Bitcoin can also accept NLG. I believe they are the first in this regard. While I haven't looked too deeply into the technology, it is a step in the right direction, for them at least, since they are focusing on real world payment infrastructure.

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