Calling all hands on deck. Help us get DNotes listed on Mintpal! Over 3,000 Votes already.
https://www.mintpal.com/voting#NOTE
Every single vote counts, and even if you can only vote once a day it will help! Grab your friends and relatives to join in.
Topic: [ANN][NOTE]DNotes - Celebrating DNotes 3rd Birthday - Forum Now Open - page 434. (Read 814563 times)
June 25, 2014, 09:45:30 AM
June 25, 2014, 09:07:13 AM
If any of you out there ever feel uncertain about continuing to invest in DNotes with all the new flashy currencies out there, just go here:
http://coinmarketcap.com/note_90.html
You won't find many coins like this one. It's a beautiful thing...
http://coinmarketcap.com/note_90.html
You won't find many coins like this one. It's a beautiful thing...
RJF, thanks for pointing out the significance of DNotes trend-line chart. It is beautiful and I doubt there is more than a handful in our industry that reflects such stability and long term growth so well. However, I will add that a four month trend line is insufficient for most serious investors to get excited with. If this trend line continues for 18 to 36 months with the same indications of stability and value appreciation, we all would wish that we bought more DNotes when they did not cost as much.
When Wall Street money finally starts to invest in digital currency at a significant scale, I fully expect that there will be professional digital currency analysts hunting down the best investment opportunities. DNotes is positioned for that day and we have every reason to believe that it will be one among a few top picks, perhaps the best in class. That is when big payoff can be expected for our long term investors.
I agree on all points and, that day is coming sooner than most people think. We have to remember one very important thing about Wall Street concerning the timing of an investment and that is, by the time the general public hears about a move, it's already been made and insiders are already making a profit. Keep an eye on those charts...
June 25, 2014, 06:53:40 AM
If any of you out there ever feel uncertain about continuing to invest in DNotes with all the new flashy currencies out there, just go here:
http://coinmarketcap.com/note_90.html
You won't find many coins like this one. It's a beautiful thing...
http://coinmarketcap.com/note_90.html
You won't find many coins like this one. It's a beautiful thing...
RJF, thanks for pointing out the significance of DNotes trend-line chart. It is beautiful and I doubt there is more than a handful in our industry that reflects such stability and long term growth so well. However, I will add that a four month trend line is insufficient for most serious investors to get excited with. If this trend line continues for 18 to 36 months with the same indications of stability and value appreciation, we all would wish that we bought more DNotes when they did not cost as much.
When Wall Street money finally starts to invest in digital currency at a significant scale, I fully expect that there will be professional digital currency analysts hunting down the best investment opportunities. DNotes is positioned for that day and we have every reason to believe that it will be one among a few top picks, perhaps the best in class. That is when big payoff can be expected for our long term investors.
June 24, 2014, 11:11:26 PM
High net worth individuals should always maintain a well diversified investment portfolio, which includes gold. Peter Diamandis did mention using only a portion of his gold portfolio to invest in Bitcoin. I agree with him that Bitcoin will out-perform gold, most likely by a wide margin. In my opinion, the digital currencies that can survive the test of time, will be impacted the least by future inflation as compared to fiat currencies. Digital currency has a maximum supply limit and in the foreseeable future demand will grow significantly. Fiat currency does not have the same limitations while growing demand is often met with more money being printed.
This is indeed exciting time for the digital currency that is positioned to be the currency of choice for mainstream adoption. The potential is huge.
This is indeed exciting time for the digital currency that is positioned to be the currency of choice for mainstream adoption. The potential is huge.
June 24, 2014, 06:36:16 PM
The following article is definitely worth reading, but here is my take:
"Phase 5: Mass global consumer adoption starting in 2015."
Starting? What is the definition of starting? One can easily argue that it has already started. I believe that with significant contributions from the likes of DNotes it will take another five years before it is clearly apparent that mass global consumer adoption of digital currency has reached mainstream. The pre-requisite is that there must be one or more digital currencies that can be qualified as: trustworthy, stable, reliable, and conveniently available with excellent liquidity worldwide. That is what smart money is looking for. Let us know if find a potential candidate that is positioned to be qualified.
---------------------------------------------------------------------------------
BITCOIN
FEATURED
Posted by Fred Marion+ - June 24, 2014
Bitcoin’s ‘Wall Street Phase’ just around the corner
"Since the day I learned about bitcoin, I’ve been convinced that it will replace a large segment of gold bullion investors. I feel like I’ve gotten validation for that thesis on the heels of Peter Diamandis’s announcement that he swapping some of his gold investments for bitcoin.
The famed entrepreneur is best known for his creation of the X prize and as the cofounder of the Zero-Gravity Corporation (an aerospace company that operates weightless flights for researchers and tourists). In a blog post on bitcoin Diamandis argues that the currency will do for money what email did for communication. He also lays out what he sees as five phases in the development of digital currency (much of which is based on comments from Second Market founder Barry Silbert).
Peter Diamandis’s Five Phases of Bitcoin Adoption
Phase 1: Bitcoin’s “deceptive, experimental phase” from 2009 to 2011.
Phase 2: The early adopter phase from 2011-2012.
Phase 3: The venture capital phase from 2013 to mid-2014.
Phase 4: The Wall Street Phase, which will be marked by “institutional money acknowledging digital currencies as an asset class,” from mid-2014 to 2015.
Phase 5: Mass global consumer adoption starting in 2015.
Diamandis believes we are smack dab in the middle of phase 3 right now. If that’s the case, expect the value of bitcoin to surge in the coming years. It makes me wish I had more money to invest in bitcoin. Once the broader gold-bug community and hedge fund mangers see value in the currency, it could forever change people’s definition of hard assets."
http://crypt.la/2014/06/24/bitcoins-wall-street-phase-just-around-corner/
"Phase 5: Mass global consumer adoption starting in 2015."
Starting? What is the definition of starting? One can easily argue that it has already started. I believe that with significant contributions from the likes of DNotes it will take another five years before it is clearly apparent that mass global consumer adoption of digital currency has reached mainstream. The pre-requisite is that there must be one or more digital currencies that can be qualified as: trustworthy, stable, reliable, and conveniently available with excellent liquidity worldwide. That is what smart money is looking for. Let us know if find a potential candidate that is positioned to be qualified.
---------------------------------------------------------------------------------
BITCOIN
FEATURED
Posted by Fred Marion+ - June 24, 2014
Bitcoin’s ‘Wall Street Phase’ just around the corner
"Since the day I learned about bitcoin, I’ve been convinced that it will replace a large segment of gold bullion investors. I feel like I’ve gotten validation for that thesis on the heels of Peter Diamandis’s announcement that he swapping some of his gold investments for bitcoin.
The famed entrepreneur is best known for his creation of the X prize and as the cofounder of the Zero-Gravity Corporation (an aerospace company that operates weightless flights for researchers and tourists). In a blog post on bitcoin Diamandis argues that the currency will do for money what email did for communication. He also lays out what he sees as five phases in the development of digital currency (much of which is based on comments from Second Market founder Barry Silbert).
Peter Diamandis’s Five Phases of Bitcoin Adoption
Phase 1: Bitcoin’s “deceptive, experimental phase” from 2009 to 2011.
Phase 2: The early adopter phase from 2011-2012.
Phase 3: The venture capital phase from 2013 to mid-2014.
Phase 4: The Wall Street Phase, which will be marked by “institutional money acknowledging digital currencies as an asset class,” from mid-2014 to 2015.
Phase 5: Mass global consumer adoption starting in 2015.
Diamandis believes we are smack dab in the middle of phase 3 right now. If that’s the case, expect the value of bitcoin to surge in the coming years. It makes me wish I had more money to invest in bitcoin. Once the broader gold-bug community and hedge fund mangers see value in the currency, it could forever change people’s definition of hard assets."
http://crypt.la/2014/06/24/bitcoins-wall-street-phase-just-around-corner/
This is very interesting and exciting. I checked out the blog by Peter Diamandis (https://plus.google.com/+PeterHDiamandis/posts/dWQFcpcws8V) and and liked the use of his phrase "User Interface Moment".
You can probably get a better return from Bitcoin as compared to gold in the foreseeable future, but I'm not sure if gold is the investment I would be getting rid of. If Wall Street is putting it's money into the technology to support Bitcoin, and there is the potential for a huge transfer of wealth to a lot of people in the "high consumption" age bracket, is it not possible that the Bitcoin Bull could cause rising inflation? Gold has always been a hedge against inflation and I think I would still keep it as a backup investment. What do you think?
June 24, 2014, 04:26:13 PM
thanks, wallet updates deleting blok*.dat,
another question is how is better save dnotes wallets coins for a holder, thinking have pc haked like hell
another question is how is better save dnotes wallets coins for a holder, thinking have pc haked like hell
Great! You may want to consider using an exchange with some form of 2FA.
June 24, 2014, 02:32:56 PM
thanks, wallet updates deleting blok*.dat,
another question is how is better save dnotes wallets coins for a holder, thinking have pc haked like hell
another question is how is better save dnotes wallets coins for a holder, thinking have pc haked like hell
June 24, 2014, 01:55:48 PM
CharityMiningPools - Donate to Charity while you Mine!
note.charityminingpools.com - NOW UP AND FINDING BLOCKS!
NOTE: Sorry for the delay in getting back up, we wanted to make sure that the database was completely cleaned up while still maintaining our existing user accounts and balances. Everything is now up and running again, your accounts and coins have remained untouched and ready for mining! If you experience any problems feel free to PM me.
Come mine while making a difference.
Mandatory 0.75% donation fee goes to the BitGive Foundation this month. We welcome and encourage you to donate more to a good cause.
SSL, STRATUM, VARDIFF, Datacenter Redundant Server Farm, Load Balanced Servers, Frequent Backups, DDOS Protection
0.75% Mandatory Donation fee to a Good Cause, 0.75% Pool Fees
Who Are We?
CharityMiningPools was created to allow miners the ability to mine coins while still knowing that their hashing power is going towards something good. Our goal is to provide a positive and reliable service while delivering a small portion of the proceeds to a deserving recipient.
How Does This Work?
All coins mined at CharityMiningPools will require a mandatory Donation fee. This donation fee will be collected and donated to the designated charitable recipient for that given month. Though we only require a minimum 0.75% Donation fee, we welcome and encourage our miners to raise the stakes and donate more to a good cause.
Cheers!
CharityMiningPools
June 24, 2014, 08:41:38 AM
Great job Charity! As a proactive measure I am attempting to strengthen the network through nodes and looking into alternative measures as well. We do not have an exact cause of the issue either.
New node list:
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
New node list:
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
After you added the NS servers, in my case anyway, acquisition was instantaneous on wallet loading and, no trouble syncing, faster all around...
June 24, 2014, 07:03:53 AM
The following article is definitely worth reading, but here is my take:
"Phase 5: Mass global consumer adoption starting in 2015."
Starting? What is the definition of starting? One can easily argue that it has already started. I believe that with significant contributions from the likes of DNotes it will take another five years before it is clearly apparent that mass global consumer adoption of digital currency has reached mainstream. The pre-requisite is that there must be one or more digital currencies that can be qualified as: trustworthy, stable, reliable, and conveniently available with excellent liquidity worldwide. That is what smart money is looking for. Let us know if find a potential candidate that is positioned to be qualified.
---------------------------------------------------------------------------------
BITCOIN
FEATURED
Posted by Fred Marion+ - June 24, 2014
Bitcoin’s ‘Wall Street Phase’ just around the corner
"Since the day I learned about bitcoin, I’ve been convinced that it will replace a large segment of gold bullion investors. I feel like I’ve gotten validation for that thesis on the heels of Peter Diamandis’s announcement that he swapping some of his gold investments for bitcoin.
The famed entrepreneur is best known for his creation of the X prize and as the cofounder of the Zero-Gravity Corporation (an aerospace company that operates weightless flights for researchers and tourists). In a blog post on bitcoin Diamandis argues that the currency will do for money what email did for communication. He also lays out what he sees as five phases in the development of digital currency (much of which is based on comments from Second Market founder Barry Silbert).
Peter Diamandis’s Five Phases of Bitcoin Adoption
Phase 1: Bitcoin’s “deceptive, experimental phase” from 2009 to 2011.
Phase 2: The early adopter phase from 2011-2012.
Phase 3: The venture capital phase from 2013 to mid-2014.
Phase 4: The Wall Street Phase, which will be marked by “institutional money acknowledging digital currencies as an asset class,” from mid-2014 to 2015.
Phase 5: Mass global consumer adoption starting in 2015.
Diamandis believes we are smack dab in the middle of phase 3 right now. If that’s the case, expect the value of bitcoin to surge in the coming years. It makes me wish I had more money to invest in bitcoin. Once the broader gold-bug community and hedge fund mangers see value in the currency, it could forever change people’s definition of hard assets."
http://crypt.la/2014/06/24/bitcoins-wall-street-phase-just-around-corner/
"Phase 5: Mass global consumer adoption starting in 2015."
Starting? What is the definition of starting? One can easily argue that it has already started. I believe that with significant contributions from the likes of DNotes it will take another five years before it is clearly apparent that mass global consumer adoption of digital currency has reached mainstream. The pre-requisite is that there must be one or more digital currencies that can be qualified as: trustworthy, stable, reliable, and conveniently available with excellent liquidity worldwide. That is what smart money is looking for. Let us know if find a potential candidate that is positioned to be qualified.
---------------------------------------------------------------------------------
BITCOIN
FEATURED
Posted by Fred Marion+ - June 24, 2014
Bitcoin’s ‘Wall Street Phase’ just around the corner
"Since the day I learned about bitcoin, I’ve been convinced that it will replace a large segment of gold bullion investors. I feel like I’ve gotten validation for that thesis on the heels of Peter Diamandis’s announcement that he swapping some of his gold investments for bitcoin.
The famed entrepreneur is best known for his creation of the X prize and as the cofounder of the Zero-Gravity Corporation (an aerospace company that operates weightless flights for researchers and tourists). In a blog post on bitcoin Diamandis argues that the currency will do for money what email did for communication. He also lays out what he sees as five phases in the development of digital currency (much of which is based on comments from Second Market founder Barry Silbert).
Peter Diamandis’s Five Phases of Bitcoin Adoption
Phase 1: Bitcoin’s “deceptive, experimental phase” from 2009 to 2011.
Phase 2: The early adopter phase from 2011-2012.
Phase 3: The venture capital phase from 2013 to mid-2014.
Phase 4: The Wall Street Phase, which will be marked by “institutional money acknowledging digital currencies as an asset class,” from mid-2014 to 2015.
Phase 5: Mass global consumer adoption starting in 2015.
Diamandis believes we are smack dab in the middle of phase 3 right now. If that’s the case, expect the value of bitcoin to surge in the coming years. It makes me wish I had more money to invest in bitcoin. Once the broader gold-bug community and hedge fund mangers see value in the currency, it could forever change people’s definition of hard assets."
http://crypt.la/2014/06/24/bitcoins-wall-street-phase-just-around-corner/
June 23, 2014, 02:23:51 PM
If any of you out there ever feel uncertain about continuing to invest in DNotes with all the new flashy currencies out there, just go here:
http://coinmarketcap.com/note_90.html
You won't find many coins like this one. It's a beautiful thing...
http://coinmarketcap.com/note_90.html
You won't find many coins like this one. It's a beautiful thing...
This is now my desktop background.
June 23, 2014, 02:22:03 PM
hi, i go to update wallet after few days and give me error message
11DbException Db::get: Not enough space
rute of dnotes wallet) in processmessages()
lot of space in hd ... :S
151493 its number block from i want to update
what can i do?
11DbException Db::get: Not enough space
rute of dnotes wallet) in processmessages()
lot of space in hd ... :S
151493 its number block from i want to update
what can i do?
I would recommend removing the old blockchain files and starting the download from scratch. I'm pretty confident that will fix it, even though the error message doesn't suggest that is the issue.
Close the wallet.
C:\Documents and Settings\WINDOWSUSERNAME\AppData\Roaming\DNotes\
or
C:\Users\WINDOWSUSERNAME\AppData\Roaming\DNotes
Delete blk*.dat
Make sure the latest nodes are added to your DNotes.conf file.
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 client. If you have any problems, please feel free to respond here or send me an email [email protected].
June 23, 2014, 12:18:30 PM
hi, i go to update wallet after few days and give me error message
11DbException Db::get: Not enough space
rute of dnotes wallet) in processmessages()
lot of space in hd ... :S
151493 its number block from i want to update
what can i do?
11DbException Db::get: Not enough space
rute of dnotes wallet) in processmessages()
lot of space in hd ... :S
151493 its number block from i want to update
what can i do?
June 23, 2014, 11:53:55 AM
If any of you out there ever feel uncertain about continuing to invest in DNotes with all the new flashy currencies out there, just go here:
http://coinmarketcap.com/note_90.html
You won't find many coins like this one. It's a beautiful thing...
http://coinmarketcap.com/note_90.html
You won't find many coins like this one. It's a beautiful thing...
June 23, 2014, 10:41:58 AM
Great job Charity! As a proactive measure I am attempting to strengthen the network through nodes and looking into alternative measures as well. We do not have an exact cause of the issue either.
New node list:
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
New node list:
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
June 23, 2014, 09:35:31 AM
Hey all, I have manually processed the missed payouts that had failed to process due to being on the wrong chain on the 20th of June. Any payouts that had occurred (Manual or Auto) did not get processed yet still show a transaction number in your transaction history. The time frame of these were all June 20th between 16:25 and 23:45. The manual payouts listed below cover those specific payouts and you should be receiving them shortly if not already. These will not show up in the pool transactions which is why I have included them here because they were all manually processed. If I happen to have missed anyone please PM me and I'll quickly track it down if you can provide me your username on the pool and the date and time of the payout but I'm pretty confident that this covers them all.
I am also looking at reimbursing those that were mining during this time as no valid coins would have been mined yet your has power would have been used. Just going through the list of miners now and should have some coins sent out to those of you that were active during that time.
btw, our stratum is still down as we are still working on getting the database cleaned up so that the CRONS will run properly. Sorry for the inconvience caused but we want to make sure everything is in line and working properly before going live again.
No root cause has been found, we were on the latest version and also using the same 3 addnodes listed in the OP.
(DkZzhtcxya3cyqcYiXnR2QEdWoEThikh3A)
DkZzhtcxya3cyqcYiXnR2QEdWoEThikh3A 404.49513936
e5030431ca9f6ab95be0789cae583bda4ecc6bc6bac0c7d016f8f6a846e4a3b1
(DcPquTBxz4JUmvjz3QuUApHEmjxYb7FApv)
DcPquTBxz4JUmvjz3QuUApHEmjxYb7FApv 107.41685041
7baf9da803b724d4f9e181888bba3c2c80252b99de045bd65470f6d5aa4a9fbb
DcPquTBxz4JUmvjz3QuUApHEmjxYb7FApv 101.75069504
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DcPquTBxz4JUmvjz3QuUApHEmjxYb7FApv 100.04195754
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DcPquTBxz4JUmvjz3QuUApHEmjxYb7FApv 107.60973924
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DcPquTBxz4JUmvjz3QuUApHEmjxYb7FApv 101.62509863
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DcPquTBxz4JUmvjz3QuUApHEmjxYb7FApv 102.32499873
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(Dc6ApRprLFGEG6NXBvbbFURAZLt9pouzJd)
Dc6ApRprLFGEG6NXBvbbFURAZLt9pouzJd 50.00289108
7a75e8afb60c2b5df6cc0b15f04efd384052b1688945b4419ed86c603f0c7ecb
Dc6ApRprLFGEG6NXBvbbFURAZLt9pouzJd 50.88143106
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Dc6ApRprLFGEG6NXBvbbFURAZLt9pouzJd 51.34364251
a4381f0302d85b3c40d97c7126872eb99d0b8d04dce51045072d7f4090e6bd58
(DrggEivbzvPgFXYK8PnmDJvX8VEcua179H)
DrggEivbzvPgFXYK8PnmDJvX8VEcua179H 254.95826256
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DrggEivbzvPgFXYK8PnmDJvX8VEcua179H 252.41029033
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DrggEivbzvPgFXYK8PnmDJvX8VEcua179H 252.17824393
0f88525f336462cfbeedb54aa9d3c7a8fba5970fbb5d0ab27cb51906f5b2b13f
(DpLXgLSGSNxm5jHRJWeNcwfZoedek5ir8y)
DpLXgLSGSNxm5jHRJWeNcwfZoedek5ir8y 29.15753319
75c9dc3661d728165a378366a2a3595b1de9ac495fc5b7e793d9c14ffafde080
DpLXgLSGSNxm5jHRJWeNcwfZoedek5ir8y 26.88985038
5d55acf2108ecf348a5226e50312fe241eee1bfde4456fbef4d1559870287308
(DVMJqzsDf4TnUzgFKsCv9TCoJrgCCtfWAA)
DVMJqzsDf4TnUzgFKsCv9TCoJrgCCtfWAA 250.27882225
5aa9d532204c98c595b137136a4598e663ed412ecef6a05cc73f5729a03e25b2
(DnMhSKjnNhrTy6NRiBayKM7zjCFr94AHgF)
DnMhSKjnNhrTy6NRiBayKM7zjCFr94AHgF 250.16654278
ee25dc61206662cddcbd1f0e8a98fed61cee6153348655a492155d77ede95dc7
(DnwjMzNfbi1RTKfhecRaRjyAHd59g4HMBU)
DnwjMzNfbi1RTKfhecRaRjyAHd59g4HMBU 5002.14251682
3f1d3d21560919fd3c04cd7a946fc26960d0049c19c486f7146a89894380a5aa
I am also looking at reimbursing those that were mining during this time as no valid coins would have been mined yet your has power would have been used. Just going through the list of miners now and should have some coins sent out to those of you that were active during that time.
btw, our stratum is still down as we are still working on getting the database cleaned up so that the CRONS will run properly. Sorry for the inconvience caused but we want to make sure everything is in line and working properly before going live again.
No root cause has been found, we were on the latest version and also using the same 3 addnodes listed in the OP.
(DkZzhtcxya3cyqcYiXnR2QEdWoEThikh3A)
DkZzhtcxya3cyqcYiXnR2QEdWoEThikh3A 404.49513936
e5030431ca9f6ab95be0789cae583bda4ecc6bc6bac0c7d016f8f6a846e4a3b1
(DcPquTBxz4JUmvjz3QuUApHEmjxYb7FApv)
DcPquTBxz4JUmvjz3QuUApHEmjxYb7FApv 107.41685041
7baf9da803b724d4f9e181888bba3c2c80252b99de045bd65470f6d5aa4a9fbb
DcPquTBxz4JUmvjz3QuUApHEmjxYb7FApv 101.75069504
e759dac27e904facaa7ecec254f37dc31ac2c09d651450df45ea2a98d589a9d4
DcPquTBxz4JUmvjz3QuUApHEmjxYb7FApv 100.04195754
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June 23, 2014, 08:16:39 AM
Keep in mind, that while supply was dropped by 90%, peoples demand doesn't necessarily stay at its previous level. The Notes become more expensive and fewer people want to buy, whenever the price increases, note holders are given an incentive to sell, adding to downwards price pressure. Velocity of the currency / what is listed on the exchanges, is the only price determinant of the entirety of notes in the system. I would presume only 2% of notes are listed on exchanges, and that is what, in the short term, decides the value of the other 98%. In short, we won't know what our notes are worth for a long time.
Prisoners dilemma, if people start giving in to price signals to sell their Dnotes all at once, they ruin it for everybody, if people only sell in drips and drabs then there would be price stability and possibly more even stake distribution.
There are too many variables to discuss, in the crypto world, it is just easier to watch for now. There are ways to mitigate pump and dumps, but they are unsustainable long term (dev acting as a buyer and seller with the pre-mine means he would run out of either note or bitcoin eventually and the whole thing would collapse) or the exact reason why people moved from fiat currency to crypto - no government intervention.
Prisoners dilemma, if people start giving in to price signals to sell their Dnotes all at once, they ruin it for everybody, if people only sell in drips and drabs then there would be price stability and possibly more even stake distribution.
There are too many variables to discuss, in the crypto world, it is just easier to watch for now. There are ways to mitigate pump and dumps, but they are unsustainable long term (dev acting as a buyer and seller with the pre-mine means he would run out of either note or bitcoin eventually and the whole thing would collapse) or the exact reason why people moved from fiat currency to crypto - no government intervention.
Boy I'm glad you're here! As a matter of fact, I'm so glad you're here, I'm not even going to object to you calling me brother!
I don't think DNotes is going to go up in correlation to the 90% decrease immediately but I was factoring in an increase in demand. DNotes has done things differently than other currencies and I don't think a lot of people understand the building of a good foundation first. There hasn't been the usual fuss made here that there has been with other coins and I'm pretty sure we have flown almost completely under the radar. I think the buying will come from outside the current cryptocurrency world, maybe not in the next couple of weeks, but rather the next several months.Well, brother (Bro) is NZ slang which you either have not encountered much in the US (going by movies you do)... orrrr you are female, then you can be sister
I like watching the price go up, but again, I plan on holding for a long while so I will be riding out the dips and hopefully get a good result down the line. I'm helping vote on Mintpal, everybody get in on it!
You can call me sister - I thought the wink might have given it away.
We are up 1000 votes from the time it was posted that there was going to be a Mintpal campaign and it hasn't even started! There is something about passing other coins that keeps me motivated to vote. June 22, 2014, 11:36:41 PM
Wow! I have been gone for just one day and missed all the excitement and now I am a little exhausted to give each of you a personal response and expression of appreciation you deserve.
Your increased participation in this forum is greatly appreciated. It will go a long way in contributing to the overall success of DNotes.
As always, I keep a very close watch on many different indicators, both within DNotes and the crypto currency world as a whole. I will continue to provide guidance in the most objective manner I can when I see something worth noting. There is a noticeable change in sentiment on DNotes as an investment choice. It is looking very favorable. It is still too early to call, and will take another week to ten days before I can be sufficiently confident as to what our next higher low will be. Someone mentioned 250 Satoshi. If I must guess, I would say 300 Sat.
It may surprise you to know that my biggest fear is not that the higher low will drop back to 200 Sat but large buy orders. To fill a buy order of 1,000,000 DNotes at Poloniex, this minute, will cost 5BTC, bringing DNotes price to 700 Sat. This will negatively affect our stability model. It is not likely to happen but it could. We do have action plans in place should it happen. No one can control the price in a sustainable maner over an extended period of time. However, we believe our committment to proactively manage stability increases our stake holders' value. A steady price increase is the most favorable to our long term stake holders.
Your increased participation in this forum is greatly appreciated. It will go a long way in contributing to the overall success of DNotes.
As always, I keep a very close watch on many different indicators, both within DNotes and the crypto currency world as a whole. I will continue to provide guidance in the most objective manner I can when I see something worth noting. There is a noticeable change in sentiment on DNotes as an investment choice. It is looking very favorable. It is still too early to call, and will take another week to ten days before I can be sufficiently confident as to what our next higher low will be. Someone mentioned 250 Satoshi. If I must guess, I would say 300 Sat.
It may surprise you to know that my biggest fear is not that the higher low will drop back to 200 Sat but large buy orders. To fill a buy order of 1,000,000 DNotes at Poloniex, this minute, will cost 5BTC, bringing DNotes price to 700 Sat. This will negatively affect our stability model. It is not likely to happen but it could. We do have action plans in place should it happen. No one can control the price in a sustainable maner over an extended period of time. However, we believe our committment to proactively manage stability increases our stake holders' value. A steady price increase is the most favorable to our long term stake holders.
June 22, 2014, 10:20:40 PM
Keep in mind, that while supply was dropped by 90%, peoples demand doesn't necessarily stay at its previous level. The Notes become more expensive and fewer people want to buy, whenever the price increases, note holders are given an incentive to sell, adding to downwards price pressure. Velocity of the currency / what is listed on the exchanges, is the only price determinant of the entirety of notes in the system. I would presume only 2% of notes are listed on exchanges, and that is what, in the short term, decides the value of the other 98%. In short, we won't know what our notes are worth for a long time.
Prisoners dilemma, if people start giving in to price signals to sell their Dnotes all at once, they ruin it for everybody, if people only sell in drips and drabs then there would be price stability and possibly more even stake distribution.
There are too many variables to discuss, in the crypto world, it is just easier to watch for now. There are ways to mitigate pump and dumps, but they are unsustainable long term (dev acting as a buyer and seller with the pre-mine means he would run out of either note or bitcoin eventually and the whole thing would collapse) or the exact reason why people moved from fiat currency to crypto - no government intervention.
Prisoners dilemma, if people start giving in to price signals to sell their Dnotes all at once, they ruin it for everybody, if people only sell in drips and drabs then there would be price stability and possibly more even stake distribution.
There are too many variables to discuss, in the crypto world, it is just easier to watch for now. There are ways to mitigate pump and dumps, but they are unsustainable long term (dev acting as a buyer and seller with the pre-mine means he would run out of either note or bitcoin eventually and the whole thing would collapse) or the exact reason why people moved from fiat currency to crypto - no government intervention.
Boy I'm glad you're here! As a matter of fact, I'm so glad you're here, I'm not even going to object to you calling me brother!
I don't think DNotes is going to go up in correlation to the 90% decrease immediately but I was factoring in an increase in demand. DNotes has done things differently than other currencies and I don't think a lot of people understand the building of a good foundation first. There hasn't been the usual fuss made here that there has been with other coins and I'm pretty sure we have flown almost completely under the radar. I think the buying will come from outside the current cryptocurrency world, maybe not in the next couple of weeks, but rather the next several months.Well, brother (Bro) is NZ slang which you either have not encountered much in the US (going by movies you do)... orrrr you are female, then you can be sister
I like watching the price go up, but again, I plan on holding for a long while so I will be riding out the dips and hopefully get a good result down the line. I'm helping vote on Mintpal, everybody get in on it!
June 22, 2014, 08:32:40 PM
In an effort to make me eat my words, within 15 minutes of my last post, someone sold 35,000 DNotes at 300 on Poloniex. I think I'll go back to staying out of the price game!
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