[ANN][NOTE]DNotes - Celebrating DNotes 3rd Birthday - Forum Now Open - page 406.

kanus1113

sr. member

Activity: 452

Merit: 250

Quote from: Chase on September 22, 2014, 03:26:26 PM

Quote from: DNotes on September 21, 2014, 09:30:24 PM

Quote from: Dyna on September 21, 2014, 08:38:05 PM

Crypto-Currency Market Capitalizations

Last updated: Sep 22, 2014 12:40 AM UTC Dec. 5, 2013 1:03 PM UTC

Total Market Cap: $ 5,859,151,098 Total Market Cap: $13,492,184,612

Position   Name   Symbol   Market Cap   Total Supply Total Coins: 42

320    Veilcoin   VEIL   $977    1578152 #42 = Junkcoin $30,971
321    Bongger   BGR   $880    175738298
322    Denarius   DRS   $831    1148800
323    KimDotCoin   DOT   $756    63598627
324    MastCoin   MAST   $662    2472788
325    TraderCoin   TRDR   $509    71693
326    Instant   BTI   $459    101298
327    MileyCyrusCoin   $439    156904
***
***
.....
500

I decided to check out the entire list on coin market cap today and found the data quite depressing to put it mildly. There were only 42 coins as of December 5, 2013 with a market cap of $13,492,184,612. There are 500 coins listed today with a market cap of $5,859,151,098. Eight of those coins (#320 t0 #327) has a market cap of less tha $1,000. Many more have close to zero value.

What do you think is happening? Does our industry has a structural problem built upon poor foudations? Perhaps many created a currency without knowing the basic functions of money. Is speculative trading alone be enough for a coin to survive?

Here are the figures from that time frame.
http://web.archive.org/web/20131205190544/http://coinmarketcap.com/

Interesting facts on these figures:

1. Bitcoin and Litecoin accounted for 99.78% of the drop in market value during that time period: $13,455,943,567 - 5,486,893,782
2. Combined, Bitcoin and Litecoin lost 57% of their value
3. The marketcap for all other coins combined was: on Dec. 5 / 13 - $434,299,605 and on Sept. 22 / 14 - $417,236,505
4. All other coins combined lost only 4% of their value, but (and it's a huge but), there was 458 coins added to share that small piece of the pie.

That is pretty interesting. I think that was the peak of the bitcoin market.

DNotes

legendary

Activity: 1932

Merit: 1111

DNotes

Quote from: infovortice2013 on September 23, 2014, 06:05:47 AM

hi all, mmm im trading a few dnotes on poloniex but from few days ago looks like 1 bot start making shit trade to make down prices of dnotes, must move to other exchange for a clean trading.

i only wanna let you know don buy dnotes on poloniex , buy in other of the exchanges for a while, lets make boring to a bot trader XD

happy trading!

Bot trading is pretty widespread. We've seen it on all exchanges. They appear to be holding the price down as well, I've seen the price go up significantly and the bots drive it down within an hour or so. Since the bots started trading DNotes, trading spikes and goes stagnant.

infovortice2013

legendary

Activity: 1176

Merit: 1000

hi all, mmm im trading a few dnotes on poloniex but from few days ago looks like 1 bot start making shit trade to make down prices of dnotes, must move to other exchange for a clean trading.

i only wanna let you know don buy dnotes on poloniex , buy in other of the exchanges for a while, lets make boring to a bot trader XD

happy trading!

Dyna

legendary

Activity: 1610

Merit: 1060

Bitcoin gains industry-backed crypto think tank Coin Center

Summary: The crypto community has gained another supporting voice in Coin Center, an industry-backed effort for research and advocacy.

http://www.zdnet.com/bitcoin-gains-industry-backed-crypto-think-tank-coin-center-7000033907/

This is a significant development backed by "a number of prominent figures within the crypto community. The Washington, DC-based group is supported by figures including venture capitalist Marc Andreessen, Balaji Srinivasan, Bitcoin developer Jeff Garzik, Alex Morcos, and economist Susan Athey. Coin Center has also been financially backed by companies and individuals including Hudson River Trading, Union Square Ventures, RRE Ventures, itBit, BitPay and Coinbase" starting with an annual budget of $1 million.

What is good for Bitcoin is good for the industry. This is a very positive force, and will be highly beneficial to those altcoins that can survive the test of time. Digital currency is here to stay. DNotes will remain agile and firmly committed to relentlessly pursue our mission to be the Digital currency of the future with lasting value.

Chase

legendary

Activity: 1638

Merit: 1005

Quote from: DNotes on September 21, 2014, 09:30:24 PM

Quote from: Dyna on September 21, 2014, 08:38:05 PM

Crypto-Currency Market Capitalizations

Last updated: Sep 22, 2014 12:40 AM UTC Dec. 5, 2013 1:03 PM UTC

Total Market Cap: $ 5,859,151,098 Total Market Cap: $13,492,184,612

Position   Name   Symbol   Market Cap   Total Supply Total Coins: 42

320    Veilcoin   VEIL   $977    1578152 #42 = Junkcoin $30,971
321    Bongger   BGR   $880    175738298
322    Denarius   DRS   $831    1148800
323    KimDotCoin   DOT   $756    63598627
324    MastCoin   MAST   $662    2472788
325    TraderCoin   TRDR   $509    71693
326    Instant   BTI   $459    101298
327    MileyCyrusCoin   $439    156904
***
***
.....
500

I decided to check out the entire list on coin market cap today and found the data quite depressing to put it mildly. There were only 42 coins as of December 5, 2013 with a market cap of $13,492,184,612. There are 500 coins listed today with a market cap of $5,859,151,098. Eight of those coins (#320 t0 #327) has a market cap of less tha $1,000. Many more have close to zero value.

What do you think is happening? Does our industry has a structural problem built upon poor foudations? Perhaps many created a currency without knowing the basic functions of money. Is speculative trading alone be enough for a coin to survive?

Here are the figures from that time frame.
http://web.archive.org/web/20131205190544/http://coinmarketcap.com/

Interesting facts on these figures:

1. Bitcoin and Litecoin accounted for 99.78% of the drop in market value during that time period: $13,455,943,567 - 5,486,893,782
2. Combined, Bitcoin and Litecoin lost 57% of their value
3. The marketcap for all other coins combined was: on Dec. 5 / 13 - $434,299,605 and on Sept. 22 / 14 - $417,236,505
4. All other coins combined lost only 4% of their value, but (and it's a huge but), there was 458 coins added to share that small piece of the pie.

DNotes

legendary

Activity: 1932

Merit: 1111

DNotes

Quote from: Dyna on September 21, 2014, 08:38:05 PM

Crypto-Currency Market Capitalizations

Last updated: Sep 22, 2014 12:40 AM UTC Dec. 5, 2013 1:03 PM UTC

Total Market Cap: $ 5,859,151,098 Total Market Cap: $13,492,184,612

Position   Name   Symbol   Market Cap   Total Supply Total Coins: 42

320    Veilcoin   VEIL   $977    1578152 #42 = Junkcoin $30,971
321    Bongger   BGR   $880    175738298
322    Denarius   DRS   $831    1148800
323    KimDotCoin   DOT   $756    63598627
324    MastCoin   MAST   $662    2472788
325    TraderCoin   TRDR   $509    71693
326    Instant   BTI   $459    101298
327    MileyCyrusCoin   $439    156904
***
***
.....
500

I decided to check out the entire list on coin market cap today and found the data quite depressing to put it mildly. There were only 42 coins as of December 5, 2013 with a market cap of $13,492,184,612. There are 500 coins listed today with a market cap of $5,859,151,098. Eight of those coins (#320 t0 #327) has a market cap of less tha $1,000. Many more have close to zero value.

What do you think is happening? Does our industry has a structural problem built upon poor foudations? Perhaps many created a currency without knowing the basic functions of money. Is speculative trading alone be enough for a coin to survive?

Here are the figures from that time frame.
http://web.archive.org/web/20131205190544/http://coinmarketcap.com/

Dyna

legendary

Activity: 1610

Merit: 1060

Crypto-Currency Market Capitalizations

Last updated: Sep 22, 2014 12:40 AM UTC Dec. 5, 2013 1:03 PM UTC

Total Market Cap: $ 5,859,151,098 Total Market Cap: $13,492,184,612

Position   Name   Symbol   Market Cap   Total Supply Total Coins: 42

320    Veilcoin   VEIL   $977    1578152 #42 = Junkcoin $30,971
321    Bongger   BGR   $880    175738298
322    Denarius   DRS   $831    1148800
323    KimDotCoin   DOT   $756    63598627
324    MastCoin   MAST   $662    2472788
325    TraderCoin   TRDR   $509    71693
326    Instant   BTI   $459    101298
327    MileyCyrusCoin   $439    156904
***
***
.....
500

I decided to check out the entire list on coin market cap today and found the data quite depressing to put it mildly. There were only 42 coins as of December 5, 2013 with a market cap of $13,492,184,612. There are 500 coins listed today with a market cap of $5,859,151,098. Eight of those coins (#320 to #327) has a market cap of less tha $1,000. Many more have close to zero value.

What do you think is happening? Does our industry has a structural problem built upon poor foudations? Perhaps many created a currency without knowing the basic functions of money. Is speculative trading alone be enough for a coin to survive?

SmokeysGardens

full member

Activity: 157

Merit: 100

Quote from: Dyna on September 20, 2014, 05:05:54 PM

Quote from: Chase on September 20, 2014, 03:40:22 PM

Someone on Crypto Moms asked for an update on the most profitable coins. From another thread, I had lists of the top 12 altcoins on Feb. 24, June 4, and today Sept. 20. Here's what I found out:

The following is a list of every coin that was in the top 12 on Coinmarketcap on the following dates: Feb. 24, June 4, and Sept. 20. I've included DNotes in this list to show what you would have today if you had invested $100 in each of these coins 6 months ago. Maidsafe, BitSharesX, BitcoinDark, and Monero are in one of the top 12 lists, but don't have a long enough track record to include them.

DNotes $1341.88
Darkcoin 438.17
BlackCoin 122.02
Bitcoin 76.03
Counterparty 68.77
Quark 67.88
Nxt 67.69
Mastercoin 60.76
Peercoin 53.16
Ripple 38.96
BitShares-PTS 38.76
Namecoin 38.28
Dogecoin 35.29
Litecoin 28.89
Primecoin 24.61
Sexcoin 19.06
Freicoin 7.70
Auroracoin .27

That is a pleasant surprise. I would have expected DNotes to do well as a consistent above average performer in terms of long-term appreciation but would not have expected it to be so far ahead compared to the others. Excluding newer candidates not meeting the 6 month qualifier and using $100 as a yardstick seems reasonable and objective. Personally, I don’t place a high value for a time period of less than 1 year. I certainly hope that Chase will continue to post the most profitable coins for years to come. Great job and thanks.

Very surprising information! The price of DNotes really does not surprise me. (as much). The price of the other 12 is what floors me. Since I only have holdings in DNotes, I really have not paid attention to most other coins. It looks to me as though most traders either lose money or make very little. This market moves at lightning speed, making buy and hold very dangerous (unless you pick the right one to buy and hold).

As a casual observer, the crypto-currency market looks VERY dangerous and VERY complicated. I think the only way for a casual investor to make money is "buy and hold". (or get lucky as hell). It is the same for every market, except in this market, the confusion, complications and unknowns are MUCH greater than most, putting the casual investor at a much greater disadvantage.

Just my view from the Flower Garden........

Smokey

Dyna

legendary

Activity: 1610

Merit: 1060

Quote from: Chase on September 20, 2014, 03:40:22 PM

Someone on Crypto Moms asked for an update on the most profitable coins. From another thread, I had lists of the top 12 altcoins on Feb. 24, June 4, and today Sept. 20. Here's what I found out:

The following is a list of every coin that was in the top 12 on Coinmarketcap on the following dates: Feb. 24, June 4, and Sept. 20. I've included DNotes in this list to show what you would have today if you had invested $100 in each of these coins 6 months ago. Maidsafe, BitSharesX, BitcoinDark, and Monero are in one of the top 12 lists, but don't have a long enough track record to include them.

DNotes $1341.88
Darkcoin 438.17
BlackCoin 122.02
Bitcoin 76.03
Counterparty 68.77
Quark 67.88
Nxt 67.69
Mastercoin 60.76
Peercoin 53.16
Ripple 38.96
BitShares-PTS 38.76
Namecoin 38.28
Dogecoin 35.29
Litecoin 28.89
Primecoin 24.61
Sexcoin 19.06
Freicoin 7.70
Auroracoin .27

That is a pleasant surprise. I would have expected DNotes to do well as a consistent above average performer in terms of long-term appreciation but would not have expected it to be so far ahead compared to the others. Excluding newer candidates not meeting the 6 month qualifier and using $100 as a yardstick seems reasonable and objective. Personally, I don’t place a high value for a time period of less than 1 year. I certainly hope that Chase will continue to post the most profitable coins for years to come. Great job and thanks.

kanus1113

sr. member

Activity: 452

Merit: 250

Quote from: Chase on September 20, 2014, 03:40:22 PM

Someone on Crypto Moms asked for an update on the most profitable coins. From another thread, I had lists of the top 12 altcoins on Feb. 24, June 4, and today Sept. 20. Here's what I found out:

The following is a list of every coin that was in the top 12 on Coinmarketcap on the following dates: Feb. 24, June 4, and Sept. 20. I've included DNotes in this list to show what you would have today if you had invested $100 in each of these coins 6 months ago. Maidsafe, BitSharesX, BitcoinDark, and Monero are in one of the top 12 lists, but don't have a long enough track record to include them.

DNotes $1341.88
Darkcoin 438.17
BlackCoin 122.02
Bitcoin 76.03
Counterparty 68.77
Quark 67.88
Nxt 67.69
Mastercoin 60.76
Peercoin 53.16
Ripple 38.96
BitShares-PTS 38.76
Namecoin 38.28
Dogecoin 35.29
Litecoin 28.89
Primecoin 24.61
Sexcoin 19.06
Freicoin 7.70
Auroracoin .27

That is interesting. My first thought was what if you invested $100 in each of them.
You would have earned a total of $2,329.68 / 12 = $194.14 average for each $100 investment.

Or if you skipped DNotes and invested $100 in each of every other coin.
You would have earned a total of $987.80 / 11 = $82.32 average for each $100 investment.

Powerful presentation Chase.

Chase

legendary

Activity: 1638

Merit: 1005

Someone on Crypto Moms asked for an update on the most profitable coins. From another thread, I had lists of the top 12 altcoins on Feb. 24, June 4, and today Sept. 20. Here's what I found out:

The following is a list of every coin that was in the top 12 on Coinmarketcap on the following dates: Feb. 24, June 4, and Sept. 20. I've included DNotes in this list to show what you would have today if you had invested $100 in each of these coins 6 months ago. Maidsafe, BitSharesX, BitcoinDark, and Monero are in one of the top 12 lists, but don't have a long enough track record to include them.

DNotes $1341.88
Darkcoin 438.17
BlackCoin 122.02
Bitcoin 76.03
Counterparty 68.77
Quark 67.88
Nxt 67.69
Mastercoin 60.76
Peercoin 53.16
Ripple 38.96
BitShares-PTS 38.76
Namecoin 38.28
Dogecoin 35.29
Litecoin 28.89
Primecoin 24.61
Sexcoin 19.06
Freicoin 7.70
Auroracoin .27

CryptoBroker79

hero member

Activity: 493

Merit: 500

Quote from: Dyna on September 19, 2014, 10:21:42 AM

Quote from: marcuslong on September 19, 2014, 09:20:25 AM

Quote from: keemo on September 19, 2014, 09:15:11 AM

Quote from: Cheesus on September 19, 2014, 09:12:04 AM

Quote from: Chase on September 19, 2014, 08:53:10 AM

More news on Bitcoin's price woes...

Posted on Crypto Moms:

Re: BREAKING NEWS

"Downward Pressures Persist as Bitcoin’s Price Declines to Near $400"

http://www.coindesk.com/downward-pressure-bitcoin-price-declines-to-near-400/

It's below the 400$ now - 398$. My guess it's a lowest price of the year. I wonder what is the cause for this downtrend since nothing is actually happening on the Bitcoin front, I mean nothing bad and nothing good. Exchange rate should be stagnant...

Yes, there is no news. Seems like it is flow driven. Perhaps forced liquidation by a large party and others join in since they think something is up.

Popular theory is investors pulling thier money out for the Alibaba IPO. http://www.cryptocoinsnews.com/alibabas-us-ipo-may-have-crashed-the-bitcoin-price/

The price of Bitcoin has certainly been under pressure. In my opinion at $400 it is a buy for long-term appreciation. It is likely to stay at a trading range of $400 to $500. Over the near term, Bitcoin is most likely maxed out at mid $500s with low probabilities of going above $600. I still consider Bitcoin as a very good long-term investment and a great store of value if acquired at close to $400.

The true potential of Bitcoin has certainly been confronted by many different challenges. Some of them are structural issues, the most difficult to overcome, if they are not anticipated at the formative stage. The philosophy of being decentralized with no central authority is appealing but also loaded with constraints and unintended consequences. It compounds the growing pains. Perhaps getting there at a slower pace may be a prudent choice; allowing adjustments to be made promptly and at a lower cost.

This is a great point, as adjustments will certainly be made in the future while the remaining 99.9% of people in the world are adopting crypto. I've researched too many coins to count over the past year, and the only one taking this approach is DNotes.

Dyna

legendary

Activity: 1610

Merit: 1060

Quote from: marcuslong on September 19, 2014, 09:20:25 AM

Quote from: keemo on September 19, 2014, 09:15:11 AM

Quote from: Cheesus on September 19, 2014, 09:12:04 AM

Quote from: Chase on September 19, 2014, 08:53:10 AM

More news on Bitcoin's price woes...

Posted on Crypto Moms:

Re: BREAKING NEWS

"Downward Pressures Persist as Bitcoin’s Price Declines to Near $400"

http://www.coindesk.com/downward-pressure-bitcoin-price-declines-to-near-400/

It's below the 400$ now - 398$. My guess it's a lowest price of the year. I wonder what is the cause for this downtrend since nothing is actually happening on the Bitcoin front, I mean nothing bad and nothing good. Exchange rate should be stagnant...

Yes, there is no news. Seems like it is flow driven. Perhaps forced liquidation by a large party and others join in since they think something is up.

Popular theory is investors pulling thier money out for the Alibaba IPO. http://www.cryptocoinsnews.com/alibabas-us-ipo-may-have-crashed-the-bitcoin-price/

The price of Bitcoin has certainly been under pressure. In my opinion at $400 it is a buy for long-term appreciation. It is likely to stay at a trading range of $400 to $500. Over the near term, Bitcoin is most likely maxed out at mid $500s with low probabilities of going above $600. I still consider Bitcoin as a very good long-term investment and a great store of value if acquired at close to $400.

The true potential of Bitcoin has certainly been confronted by many different challenges. Some of them are structural issues, the most difficult to overcome, if they are not anticipated at the formative stage. The philosophy of being decentralized with no central authority is appealing but also loaded with constraints and unintended consequences. It compounds the growing pains. Perhaps getting there at a slower pace may be a prudent choice; allowing adjustments to be made promptly and at a lower cost.

marcuslong

legendary

Activity: 1036

Merit: 1002

Quote from: keemo on September 19, 2014, 09:15:11 AM

Quote from: Cheesus on September 19, 2014, 09:12:04 AM

Quote from: Chase on September 19, 2014, 08:53:10 AM

More news on Bitcoin's price woes...

Posted on Crypto Moms:

Re: BREAKING NEWS

"Downward Pressures Persist as Bitcoin’s Price Declines to Near $400"

http://www.coindesk.com/downward-pressure-bitcoin-price-declines-to-near-400/

It's below the 400$ now - 398$. My guess it's a lowest price of the year. I wonder what is the cause for this downtrend since nothing is actually happening on the Bitcoin front, I mean nothing bad and nothing good. Exchange rate should be stagnant...

Yes, there is no news. Seems like it is flow driven. Perhaps forced liquidation by a large party and others join in since they think something is up.

Popular theory is investors pulling thier money out for the Alibaba IPO. http://www.cryptocoinsnews.com/alibabas-us-ipo-may-have-crashed-the-bitcoin-price/

keemo

newbie

Activity: 24

Merit: 0

Quote from: Cheesus on September 19, 2014, 09:12:04 AM

Quote from: Chase on September 19, 2014, 08:53:10 AM

More news on Bitcoin's price woes...

Posted on Crypto Moms:

Re: BREAKING NEWS

"Downward Pressures Persist as Bitcoin’s Price Declines to Near $400"

http://www.coindesk.com/downward-pressure-bitcoin-price-declines-to-near-400/

It's below the 400$ now - 398$. My guess it's a lowest price of the year. I wonder what is the cause for this downtrend since nothing is actually happening on the Bitcoin front, I mean nothing bad and nothing good. Exchange rate should be stagnant...

Yes, there is no news. Seems like it is flow driven. Perhaps forced liquidation by a large party and others join in since they think something is up.

Cheesus

sr. member

Activity: 692

Merit: 254

terra-credit.com

Quote from: Chase on September 19, 2014, 08:53:10 AM

More news on Bitcoin's price woes...

Posted on Crypto Moms:

Re: BREAKING NEWS

"Downward Pressures Persist as Bitcoin’s Price Declines to Near $400"

http://www.coindesk.com/downward-pressure-bitcoin-price-declines-to-near-400/

It's below the 400$ now - 398$. My guess it's a lowest price of the year. I wonder what is the cause for this downtrend since nothing is actually happening on the Bitcoin front, I mean nothing bad and nothing good. Exchange rate should be stagnant...

Chase

legendary

Activity: 1638

Merit: 1005

More news on Bitcoin's price woes...

Posted on Crypto Moms:

Re: BREAKING NEWS

"Downward Pressures Persist as Bitcoin’s Price Declines to Near $400"

http://www.coindesk.com/downward-pressure-bitcoin-price-declines-to-near-400/

marcuslong

legendary

Activity: 1036

Merit: 1002

Quote from: kanus1113 on September 18, 2014, 08:11:25 PM

Quote from: marcuslong on September 18, 2014, 07:22:01 PM

Just wanted to give you all a update on my hashlet cloud mining idea. I have been generating an average of 0.0005045361 BTC per MH/S of mining power I have. Was around $.27 a day before BTC dropped off the last couple days. But it is still on target for the growth I figured in my last post about my daughters college farm so I am very happy so far about 2 weeks in. Anyone who wants more info can ask or msg me I'm happy to answer any questions.

Hypothetically, any idea what would happen if the maintenance cost was higher than the return?

Well they take it out of the mining profits so I would assume they would just keep the mining proceeds till it started getting to be more than the maintenance fees. However their stated mission it to keep mining profitable for everyone so I have a feeling they would drop maintenance fees if it were to get to that point. GawMiners and Zenminer seem to be a honest company, everything I've heard about them is they do right by their customers.

kanus1113

sr. member

Activity: 452

Merit: 250

Quote from: marcuslong on September 18, 2014, 07:22:01 PM

Just wanted to give you all a update on my hashlet cloud mining idea. I have been generating an average of 0.0005045361 BTC per MH/S of mining power I have. Was around $.27 a day before BTC dropped off the last couple days. But it is still on target for the growth I figured in my last post about my daughters college farm so I am very happy so far about 2 weeks in. Anyone who wants more info can ask or msg me I'm happy to answer any questions.

Hypothetically, any idea what would happen if the maintenance cost was higher than the return?

marcuslong

legendary

Activity: 1036

Merit: 1002

Just wanted to give you all a update on my hashlet cloud mining idea. I have been generating an average of 0.0005045361 BTC per MH/S of mining power I have. Was around $.27 a day before BTC dropped off the last couple days. But it is still on target for the growth I figured in my last post about my daughters college farm so I am very happy so far about 2 weeks in. Anyone who wants more info can ask or msg me I'm happy to answer any questions.

Topic: [ANN][NOTE]DNotes - Celebrating DNotes 3rd Birthday - Forum Now Open - page 406. (Read 814565 times)