Author

Topic: [ANN][NOTE]DNotes - Celebrating DNotes 3rd Birthday - Forum Now Open - page 409. (Read 814563 times)

legendary
Activity: 1036
Merit: 1002
I have a plan for my daughters a portion of my daughters college.  She's 4 so that will be in 2028.  Today I purchased 5 ZenHashlet Solo's from GAWminer. Hashlets are 1 MH/s Cloudminers costing about $20.95 and are paid out in BTC daily for those not familiar. These mine on one of various different multipools, I use the Zenpool because they are the most profitable. They have been averaging about 0.0005611525 BTC ($.266875) per day after maintenance costs.  You can set these up in a mater of minutes and they can be set to reinvest the mining profits automatically toward more miners at a 5% discount.  Now assuming the pool can retain it it $.26 profit per unit each day and the price of a hashlet remains the same and is readily available, you will have 507 in a years time producing $131.82 Daily in BTC or $48,118 per year. If you cash out half of that and invest it cautiously and retain the other half strategically in crypto you should be able to have a nice chunk of money for college set aside.  14 years worth for me I'm hoping she can go to the University of her choice, and come out of it completely debt free and as a graduation present have a mining farm that will hopefully still be producing a nice little profit for he to start out with.  Anyone interested in Hashlets let me know and I'll be happy to try and answer any questions.


Just 1 flat fee and you own the hashlet forever?

20.95 you own the hashlet forever.  You pay a $.08 a day maintenance fee (which they say will drop as the tech becomes more efficient) which is taken directly out of your mining profit payout each day.  Mining profits are paid out daily in BTC.

http://gawminers.go2cloud.org/aff_c?offer_id=34&aff_id=1734  Go under hashlets you want the Solo Zen Hashlet (the green one)
legendary
Activity: 1932
Merit: 1111
DNotes
I have a plan for my daughters a portion of my daughters college.  She's 4 so that will be in 2028.  Today I purchased 5 ZenHashlet Solo's from GAWminer. Hashlets are 1 MH/s Cloudminers costing about $20.95 and are paid out in BTC daily for those not familiar. These mine on one of various different multipools, I use the Zenpool because they are the most profitable. They have been averaging about 0.0005611525 BTC ($.266875) per day after maintenance costs.  You can set these up in a mater of minutes and they can be set to reinvest the mining profits automatically toward more miners at a 5% discount.  Now assuming the pool can retain it it $.26 profit per unit each day and the price of a hashlet remains the same and is readily available, you will have 507 in a years time producing $131.82 Daily in BTC or $48,118 per year. If you cash out half of that and invest it cautiously and retain the other half strategically in crypto you should be able to have a nice chunk of money for college set aside.  14 years worth for me I'm hoping she can go to the University of her choice, and come out of it completely debt free and as a graduation present have a mining farm that will hopefully still be producing a nice little profit for he to start out with.  Anyone interested in Hashlets let me know and I'll be happy to try and answer any questions.


Just 1 flat fee and you own the hashlet forever?
legendary
Activity: 1036
Merit: 1002
I have a plan for my daughters a portion of my daughters college.  She's 4 so that will be in 2028.  Today I purchased 5 ZenHashlet Solo's from GAWminer. Hashlets are 1 MH/s Cloudminers costing about $20.95 and are paid out in BTC daily for those not familiar. These mine on one of various different multipools, I use the Zenpool because they are the most profitable. They have been averaging about 0.0005611525 BTC ($.266875) per day after maintenance costs.  You can set these up in a mater of minutes and they can be set to reinvest the mining profits automatically toward more miners at a 5% discount.  Now assuming the pool can retain it it $.26 profit per unit each day and the price of a hashlet remains the same and is readily available, you will have 507 in a years time producing $131.82 Daily in BTC or $48,118 per year. If you cash out half of that and invest it cautiously and retain the other half strategically in crypto you should be able to have a nice chunk of money for college set aside.  14 years worth for me I'm hoping she can go to the University of her choice, and come out of it completely debt free and as a graduation present have a mining farm that will hopefully still be producing a nice little profit for he to start out with.  Anyone interested in Hashlets let me know and I'll be happy to try and answer any questions.

This is an interesting read.

http://www.cryptocoinsnews.com/wagepoint-us-companies-can-now-pay-employees-bitcoin/

I would love to get a portion of my paycheck in bitcoin.

Perhaps, one day we can offer you a choice; USD, Bitcoin or that one with "reliable long-term appreciating value." Or would you prefer to have your DNotes deposited in one of our family of CR.I.S.Ps. What is that? Stay tuned.
legendary
Activity: 1610
Merit: 1060
This is an interesting read.

http://www.cryptocoinsnews.com/wagepoint-us-companies-can-now-pay-employees-bitcoin/

I would love to get a portion of my paycheck in bitcoin.

Perhaps, one day we can offer you a choice; USD, Bitcoin or that one with "reliable long-term appreciating value." Or would you prefer to have your DNotes deposited in one of our family of CR.I.S.Ps. What is that? Stay tuned.
legendary
Activity: 1036
Merit: 1002
This is an interesting read.

http://www.cryptocoinsnews.com/wagepoint-us-companies-can-now-pay-employees-bitcoin/

I would love to get a portion of my paycheck in bitcoin.
legendary
Activity: 1932
Merit: 1111
DNotes
"Financial Planning Association: Bitcoin Can Boost Portfolio Returns"

"An industry group representing certified financial planners has found that bitcoin can be a beneficial addition to investor portfolios.  In the new report, the Financial Planning Association (FPA) asserted that for many investors, bitcoin represents a potential opportunity that could both diversify and boost the efficiency of a portfolio."

http://www.coindesk.com/financial-planning-association-boost-portfolio/

                     Smiley Smiley

This is good news for the CR.I.S.P. !!

Chase, this proves how powerful the CR.I.S.P. concept is. Everyone should have one for themselves, their kids, college funds, ect... We will be making a huge effort to help people get their CR.I.S.P. started.
legendary
Activity: 1638
Merit: 1005
"Financial Planning Association: Bitcoin Can Boost Portfolio Returns"

"An industry group representing certified financial planners has found that bitcoin can be a beneficial addition to investor portfolios.  In the new report, the Financial Planning Association (FPA) asserted that for many investors, bitcoin represents a potential opportunity that could both diversify and boost the efficiency of a portfolio."

http://www.coindesk.com/financial-planning-association-boost-portfolio/

                     Smiley Smiley

This is good news for the CR.I.S.P. !!
legendary
Activity: 1610
Merit: 1060
9-10-2014
From Cryptomoms:

CryptoMoms.com / Re: Need a Laugh?
« Last post by Chase on Today at 02:49:00 PM »

***************************

“I cannot go to school today"
Said little Peggy Ann McKay.
"I have the measles and the mumps,
A gash, a rash and purple bumps.

My mouth is wet, my throat is dry.
I'm going blind in my right eye.
My tonsils are as big as rocks,
I've counted sixteen chicken pox.

And there's one more - that's seventeen,
And don't you think my face looks green?
My leg is cut, my eyes are blue,
It might be the instamatic flu.

I cough and sneeze and gasp and choke,
I'm sure that my left leg is broke.
My hip hurts when I move my chin,
My belly button's caving in.

My back is wrenched, my ankle's sprained,
My 'pendix pains each time it rains.
My toes are cold, my toes are numb,

I have a sliver in my thumb.

My neck is stiff, my voice is weak,
I hardly whisper when I speak.
My tongue is filling up my mouth,

I think my hair is falling out.

My elbow's bent, my spine ain't straight,
My temperature is one-o-eight.
My brain is shrunk, I cannot hear,

There's a hole inside my ear.

I have a hangnail, and my heart is ...
What? What's that? What's that you say?
You say today is .............. Saturday?

G'bye, I'm going out to play!”
― Shel Silverstein

******************************************
CryptoMoms.com / Re: Kids with a CR.I.S.P.
« Last post by Shepherd on Today at 04:34:01 PM »
Quote from: Chase on Today at 02:58:47 PM
Welcome everyone to Crypto Moms!  Good luck with your CR.I.S.P.s and thanks for posting what your 'favourites' are - it is very interesting and entertaining.

**********************
Shepherd's reply:

Excuse, excuse, excuse;
My uncle is rich;
So I don't need a CR.I.S.P.;
If he is gone and failed to fulfill my wish;
I would have to go fish.


Not very good at this. May be I should keep my day job.

legendary
Activity: 1610
Merit: 1060
ALways nice to drop by the DNotes ann. No FUD only mature discussion regarding the future.
I'm sitting on a nice little egg, I wish it had and extra zero Smiley

Keep it up DNotes you're one of the few alts that small price fluctuations dont even phase me. It's just a matter of time. Cool

 
Thanks for your visit. We are making an effort to promptly support our stakeholders when needed and keep them informed on our strategic directions. We are also trying to throw in an educational component when we can to make this forum a communication and learning center. Of course feed-back and comments are always helpful in assisting us to do a better job.

With regards to price fluctuations that will always be a challenge. There are clear evidences that DNotes has been attracting more short-term traders with a deliberate attempt to widen the trading range with the intent of profiting from a wider spread. However, this does improve DNotes liquidity and trade volume. DNotes’ long-term stakeholders should always evaluate their investments in DNotes based on its long-term, or at least longer-term, trend line of months or weeks, not days.  

DNotes is quite definitely the most stable currency in our space. We expect this trend to continue and should be even more stable over time. We remained confident that DNotes will continue to offer “reliable long-term appreciating value.” Consequently, we are convinced that DNotes is a good investment candidate for “Kids with a CR.I.S.P.” (Ctyptocurrency Investment Savings Plan) and the proposed college saving plan.


legendary
Activity: 1680
Merit: 1003
Well, That's Crypto :-\
ALways nice to drop by the DNotes ann. No FUD only mature discussion regarding the future.
I'm sitting on a nice little egg, I wish it had and extra zero Smiley

Keep it up DNotes you're one of the few alts that small price fluctuations dont even phase me. It's just a matter of time. Cool
legendary
Activity: 1932
Merit: 1111
DNotes
Do you guys encourage solo mining? Always helps with connections

I can't say we have, haven't heard that before. I'll take a look into it though.
legendary
Activity: 1623
Merit: 1067
Do you guys encourage solo mining? Always helps with connections
legendary
Activity: 1932
Merit: 1111
DNotes
Perhaps a button in the wallet to download the latest conf file from the dnotes website.  Seems like that would be an easy fix

We may just add the nodes into the code. We'll see though, we haven't spent any time looking into that yet and may very well do something like that. Thanks for the suggestion!
newbie
Activity: 24
Merit: 0
Bitcoin Notes:

1.  By now we have all heard that the premature merchant acceptance of Bitcoin and the subsequent immediate selling of it for fiat, makes price stability challenging.  There is another obstacle that may be standing in the way of large corporations holding onto it after receiving it as payment.

"Under the generally accepted accounting principles (GAAP), corporations may not be able to count bitcoin holdings as a hedge against currency risk due to the volatile nature of the digital currency. They may instead have to count bitcoin assets as a speculative position, which would increase their risk profile.  In other words, large merchants can’t be relied on to drive bitcoin demand, nor are they long-term holders of the digital currency."   

- http://www.coindesk.com/citi-miners-merchants-keeping-bitcoin-prices-check/

2.  This is an article on OTC (over-the-counter) trading of large blocks of Bitcoin - this may come in handy for DNotes one day!

- http://www.coindesk.com/bitcoin-brokers-trade-millions-without-exchange/



Very informative indeed.

I found the following interesting:

>>>
For bitcoin investors hoping for a rise in prices, the presence of a planned $200m hedge fund from Global Advisors, based in Jersey, and the $150m Pantera Capital fund is a sign that prices have to rise eventually. The Pantera fund, in particular, only takes long positions on bitcoin, signalling to some that the digital currency still has room to appreciate.
<<<

Hedge funds typically have excellent research teams since they eat what they kill (as opposed to advisory firms who are immune to whether their research is right or wrong). It would be interesting to watch the growth of hedge funds and their activity.

However, the signal they talk about is wrong. Pantera might actually be forecasting further price decline and will build inventory at lower price levels then current market price and even though they might be long only. They might not end up driving the price.

GAAP treatment of bitcoins on the books is significant. Riskier profile makes credit more expensive for these firms. Any reduction in transaction costs is probably more than offset by loss in value and credit costs. It seems they are using bitcoins as just another channel to get customers.

There is no substitute for price stability and low volatility. Chase rightly called it premature bitcoin acceptance by merchants.
legendary
Activity: 1036
Merit: 1002
It will be interesting to see what if any kind of fees Papal hits you with for using bitcoin.


This is interesting, but not a surprise. Although there are still many obstacles for Bitcoin to overcome, Bitcoin is gaining very good momentum. To me that is a very strong statement that digital currency is here to stay.
legendary
Activity: 1610
Merit: 1060

This is interesting, but not a surprise. Although there are still many obstacles for Bitcoin to overcome, Bitcoin is gaining very good momentum. To me that is a very strong statement that digital currency is here to stay.
hero member
Activity: 846
Merit: 535
legendary
Activity: 1610
Merit: 1060
Bitcoin Notes:

1.  By now we have all heard that the premature merchant acceptance of Bitcoin and the subsequent immediate selling of it for fiat, makes price stability challenging.  There is another obstacle that may be standing in the way of large corporations holding onto it after receiving it as payment.

"Under the generally accepted accounting principles (GAAP), corporations may not be able to count bitcoin holdings as a hedge against currency risk due to the volatile nature of the digital currency. They may instead have to count bitcoin assets as a speculative position, which would increase their risk profile.  In other words, large merchants can’t be relied on to drive bitcoin demand, nor are they long-term holders of the digital currency."   

- http://www.coindesk.com/citi-miners-merchants-keeping-bitcoin-prices-check/

2.  This is an article on OTC (over-the-counter) trading of large blocks of Bitcoin - this may come in handy for DNotes one day!

- http://www.coindesk.com/bitcoin-brokers-trade-millions-without-exchange/



Thank you, Chase. Your inputs and reference materials are very helpful. Let's hope to hear from many more of you.  That is how we can be more objective and creditable.

Bitcoin has been doing a tremendous job, for which we have a lot to be grateful.  For DNotes to take full advantage of Bitcoin’s technology it is prudent for us to clearly understand the strengths and weaknesses of Bitcoin and the industry ecosystem. The most productive ways for DNotes to contribute to our industry is identify obstacles and weaknesses with earnest commitments and efforts to facilitate improvements. Your participation in pointing out rooms for improvements will be very helpful and greatly appreciated.
legendary
Activity: 1638
Merit: 1005
Bitcoin Notes:

1.  By now we have all heard that the premature merchant acceptance of Bitcoin and the subsequent immediate selling of it for fiat, makes price stability challenging.  There is another obstacle that may be standing in the way of large corporations holding onto it after receiving it as payment.

"Under the generally accepted accounting principles (GAAP), corporations may not be able to count bitcoin holdings as a hedge against currency risk due to the volatile nature of the digital currency. They may instead have to count bitcoin assets as a speculative position, which would increase their risk profile.  In other words, large merchants can’t be relied on to drive bitcoin demand, nor are they long-term holders of the digital currency."   

- http://www.coindesk.com/citi-miners-merchants-keeping-bitcoin-prices-check/

2.  This is an article on OTC (over-the-counter) trading of large blocks of Bitcoin - this may come in handy for DNotes one day!

- http://www.coindesk.com/bitcoin-brokers-trade-millions-without-exchange/

legendary
Activity: 1036
Merit: 1002
Perhaps a button in the wallet to download the latest conf file from the dnotes website.  Seems like that would be an easy fix

My dnote wallet didnt sync. how do I fix this?

Heya Mike,

If this is your first time opening the wallet, it will take a while to sync depending on your computer. If the green bar at the bottom is moving it is downloading properly. If you don't have any connections to the network (wifi looking icon in the bottom right will show you the number of connections) you may want to add the latest nodes to your DNotes.conf file.

Close the wallet.

Open windows explorer and navigate to:
C:\Documents and Settings\WINDOWSUSERNAME\AppData\Roaming\DNotes\
or
C:\Users\WINDOWSUSERNAME\AppData\Roaming\DNotes

If DNotes.conf is not already in this folder, create a new text file and name it DNotes.conf.

Open the DNotes.conf and add the following text:
addnode=n6.dnotescoin.com
addnode=n7.dnotescoin.com
addnode=n4.dnotescoin.com
addnode=n5.dnotescoin.com
addnode=128.199.239.199
addnode=95.85.44.200
addnode=162.243.225.90

Start the wallet.

If it isn't updating but you do have connections, you will want to delete the old blockchain files to restart the download.

Close the wallet.

Open windows explorer and navigate to:
C:\Documents and Settings\WINDOWSUSERNAME\AppData\Roaming\DNotes\
or
C:\Users\WINDOWSUSERNAME\AppData\Roaming\DNotes

Delete blk*.dat

Start the wallet.

If you have any problems, please feel free to respond here or send me an email [email protected].

I just want to point out this process to resolve these types of issues are overly complicated for the average user and we are addressing this in our updates to prevent these issues and also make them easier to fix for the user.
Jump to: