Topic: [ANN][NOTE]DNotes - Celebrating DNotes 3rd Birthday - Forum Now Open - page 60. (Read 814539 times)
February 10, 2016, 05:24:49 PM
Here is some very bad (in hindsight) investment advice I hope you didn't listen to:
Goldman Sachs Abandons 5 of 6 'Top Trade' Calls for '16
"Goldman Sachs to clients: whoops. Just six weeks into 2016, the New York-based bank has abandoned five of six recommended top trades for the year."
http://www.thinkadvisor.com/2016/02/10/goldman-sachs-abandons-5-of-6-top-trade-calls-for#.
February 10, 2016, 05:15:51 PM
Great story Chris!
Government officials should pay attention to how the Isle of Man is starting to benefit from well timed and non-burdensome regulation.
But while the ‘light touch’ nature of the regulatory regime adopted by the IoM Government’s regulatory measures should be applauded Finding the ‘Goldilocks Zone’, what sets the Manx approach apart from other regulatory regimes is the speed and decisiveness with which the issue was tackled. Rule one on day one at the School of Economic Regulation would surely be that ‘uncertainty kills growth and stifles investment’. When regulators hesitate, investors hold back until such a time as the regulatory landscape becomes clear, for fear that investment would have to be withdrawn should the government adopt an unfavourable stance once they reach a decision.
The Isle of Man killed this fear within weeks, clarifying the government position, allowing investors to approach the issue with confidence, and causing digital currency business to flourish.
February 10, 2016, 03:50:20 PM
Some scam artist is trying to sell two (2) DNotes on ebay for $440.00 USD:
http://www.ebay.com/itm/322000515484?euid=d440ff389ee149e3a8e833cab53fc06f&cp=1
http://www.ebay.com/itm/322000515484?euid=d440ff389ee149e3a8e833cab53fc06f&cp=1
Did eBay start allowing you to sell digital currency on there now? I think for a while it wasn't permitted, and you could only list them in the classifieds.
He's a tad ahead of his time for that price. They don't allow it but people do anyway.
February 10, 2016, 03:09:02 PM
Some scam artist is trying to sell two (2) DNotes on ebay for $440.00 USD:
http://www.ebay.com/itm/322000515484?euid=d440ff389ee149e3a8e833cab53fc06f&cp=1
http://www.ebay.com/itm/322000515484?euid=d440ff389ee149e3a8e833cab53fc06f&cp=1
Did eBay start allowing you to sell digital currency on there now? I think for a while it wasn't permitted, and you could only list them in the classifieds.
February 10, 2016, 02:36:13 PM
Some scam artist is trying to sell two (2) DNotes on ebay for $440.00 USD:
http://www.ebay.com/itm/322000515484?euid=d440ff389ee149e3a8e833cab53fc06f&cp=1
http://www.ebay.com/itm/322000515484?euid=d440ff389ee149e3a8e833cab53fc06f&cp=1
February 10, 2016, 02:35:22 PM
This is an interesting article. Have We Reached Peak Blockchain Hype?
But in the general positive hubbub of late, there have been a small but growing number of sceptical voices calling out the burgeoning blockchain space and the media for over-hyping the potential of distributed ledger technology.
By doing so, they warn that banks could be falling into the same pattern of overpromising and underdelivering that seems to have stalled digital currency efforts.
*****************
This got me to thinking about what will come next. Now everyone believes blockchain is amazing, right? It can have some great applications, but I still believe the most amazing application is digital currency. After all, blockchain was specifically created for digital currency. If interest in blockchain wanes, what will be the next 'blockchain'?
But in the general positive hubbub of late, there have been a small but growing number of sceptical voices calling out the burgeoning blockchain space and the media for over-hyping the potential of distributed ledger technology.
By doing so, they warn that banks could be falling into the same pattern of overpromising and underdelivering that seems to have stalled digital currency efforts.
*****************
This got me to thinking about what will come next. Now everyone believes blockchain is amazing, right? It can have some great applications, but I still believe the most amazing application is digital currency. After all, blockchain was specifically created for digital currency. If interest in blockchain wanes, what will be the next 'blockchain'?
Do we ever learn that:
"New technologies go through a hype cycle," they write. "The challenge near the beginning of that cycle is to identify the uses and applications that will stand the test of time. Like most new technologies, blockchains could cause significant damage if used indiscriminately."
It is so typical of "love / hate" relationships. It is so easy to go to the extreme end of either spectrum. We are grounded on our love for what DNotes, blockchain - the under-pinning technology that powers our currency can do. With trust, transparency and relentless devotion we can build value and purpose for the benefits of mankind. The blockchain is built to serve the digital currency; the transfer and audit trail of any digital asset with verifiable time-stamped public records, without the oversight of any central authority. If we can just focus and perfect those functions and be superior in functions to fiat currency, DNotes will be worth a lot. When that happens, we may be in the position to re-direct some of the "hype". This could end up to be a full circle endeavor.
February 10, 2016, 01:00:25 PM
This is an interesting article. Have We Reached Peak Blockchain Hype?
But in the general positive hubbub of late, there have been a small but growing number of sceptical voices calling out the burgeoning blockchain space and the media for over-hyping the potential of distributed ledger technology.
By doing so, they warn that banks could be falling into the same pattern of overpromising and underdelivering that seems to have stalled digital currency efforts.
*****************
This got me to thinking about what will come next. Now everyone believes blockchain is amazing, right? It can have some great applications, but I still believe the most amazing application is digital currency. After all, blockchain was specifically created for digital currency. If interest in blockchain wanes, what will be the next 'blockchain'?
But in the general positive hubbub of late, there have been a small but growing number of sceptical voices calling out the burgeoning blockchain space and the media for over-hyping the potential of distributed ledger technology.
By doing so, they warn that banks could be falling into the same pattern of overpromising and underdelivering that seems to have stalled digital currency efforts.
*****************
This got me to thinking about what will come next. Now everyone believes blockchain is amazing, right? It can have some great applications, but I still believe the most amazing application is digital currency. After all, blockchain was specifically created for digital currency. If interest in blockchain wanes, what will be the next 'blockchain'?
February 10, 2016, 10:22:44 AM
Once upon a time, in a crypto galaxy far far away . . .
Mark and Ian used the term ‘bell jar,’ meaning that there were ‘X’ dollars in the cryptosphere, and when Bitcoin’s price rose, the price of altcoins dropped. and vice versa, with hydraulic precision.
The Big Spike put us ‘post-bell-jar,’ meaning that the hydraulic-ness remained a core reality, but weaker.
During this period, the much-increased ease of buying and using cryptos kept weakening the altcoins-are-beholden-to-Bitcoin thang.
And the beginning of connections to non-English-speaking tech communities we watched with bated breath. We were also moving beyond the ‘English-speaking bell-jar'!
But the 2.0s were a qualitative shift: attracting different types of investors, and therefore drawing capital from a new pot.
[And Cryptsy’s collapse will rid us of much dead wood.]
And Mr Doomerngloom muttered unceasingly about How It’s Ultimately Gonna Be All about GFC.
Which brings us to now:
we are witnessing the collective realization of these shifts: the citizens of China and other nations buying in, and doing so in some cases because their national currencies are tanking (GFC!). Waves of corporate acceptance is bringing cachet to the technology. A 2.0 is this second finally showing that 2.0s can create a parallel crypto-arena.
Conclusion: we are now well well well into post-bell-jar. Capital is sloshing in from various sources at various moments for various reasons.
Special Conclusion for Dnotes:
there will soon enough likely be billions and billions more of capital ‘sloshing’ about. It will sting to see some of it go straight to, for example, some of the 2.0s, or perhaps some new ‘country coins’ (Government or 'free'); but lots and lots of folks will be in the market for a simpler, better-managed, more transparent post-fiat instrument of exchange, certainly as you seem to be the only clan on the planet that has figured out ‘Merchant goood!’. Dnotes future is bright.
Mark and Ian used the term ‘bell jar,’ meaning that there were ‘X’ dollars in the cryptosphere, and when Bitcoin’s price rose, the price of altcoins dropped. and vice versa, with hydraulic precision.
The Big Spike put us ‘post-bell-jar,’ meaning that the hydraulic-ness remained a core reality, but weaker.
During this period, the much-increased ease of buying and using cryptos kept weakening the altcoins-are-beholden-to-Bitcoin thang.
And the beginning of connections to non-English-speaking tech communities we watched with bated breath. We were also moving beyond the ‘English-speaking bell-jar'!
But the 2.0s were a qualitative shift: attracting different types of investors, and therefore drawing capital from a new pot.
[And Cryptsy’s collapse will rid us of much dead wood.]
And Mr Doomerngloom muttered unceasingly about How It’s Ultimately Gonna Be All about GFC.
Which brings us to now:
we are witnessing the collective realization of these shifts: the citizens of China and other nations buying in, and doing so in some cases because their national currencies are tanking (GFC!). Waves of corporate acceptance is bringing cachet to the technology. A 2.0 is this second finally showing that 2.0s can create a parallel crypto-arena.
Conclusion: we are now well well well into post-bell-jar. Capital is sloshing in from various sources at various moments for various reasons.
Special Conclusion for Dnotes:
there will soon enough likely be billions and billions more of capital ‘sloshing’ about. It will sting to see some of it go straight to, for example, some of the 2.0s, or perhaps some new ‘country coins’ (Government or 'free'); but lots and lots of folks will be in the market for a simpler, better-managed, more transparent post-fiat instrument of exchange, certainly as you seem to be the only clan on the planet that has figured out ‘Merchant goood!’. Dnotes future is bright.
Mark, thank you very much for your support, confidence and encouragement in what we have in store for DNotes. To share your sentiments, our very long term vision can relate to a point in "time, in a crypto galaxy far far away" Closer to home we are very committed to shorter term vision of 5 and 10 years. As a reminder, DNotes 2nd birthday is a week from tomorrow, Thursday February 18.
I am planning to share a little more of 5 and 10 year vision for DNotes next week. Indeed, we want DNotes to be a simpler and more efficient form of money, giving common people a choice to supplement their fiat currency. With transparency and trust, over the long term, people always make the best choice. That is the true spirit of the free world we support and promote.
February 10, 2016, 03:36:48 AM
Once upon a time, in a crypto galaxy far far away . . .
Mark and Ian used the term ‘bell jar,’ meaning that there were ‘X’ dollars in the cryptosphere, and when Bitcoin’s price rose, the price of altcoins dropped. and vice versa, with hydraulic precision.
The Big Spike put us ‘post-bell-jar,’ meaning that the hydraulic-ness remained a core reality, but weaker.
During this period, the much-increased ease of buying and using cryptos kept weakening the altcoins-are-beholden-to-Bitcoin thang.
And the beginning of connections to non-English-speaking tech communities we watched with bated breath. We were also moving beyond the ‘English-speaking bell-jar'!
But the 2.0s were a qualitative shift: attracting different types of investors, and therefore drawing capital from a new pot.
[And Cryptsy’s collapse will rid us of much dead wood.]
And Mr Doomerngloom muttered unceasingly about How It’s Ultimately Gonna Be All about GFC.
Which brings us to now:
we are witnessing the collective realization of these shifts: the citizens of China and other nations buying in, and doing so in some cases because their national currencies are tanking (GFC!). Waves of corporate acceptance is bringing cachet to the technology. A 2.0 is this second finally showing that 2.0s can create a parallel crypto-arena.
Conclusion: we are now well well well into post-bell-jar. Capital is sloshing in from various sources at various moments for various reasons.
Special Conclusion for Dnotes:
there will soon enough likely be billions and billions more of capital ‘sloshing’ about. It will sting to see some of it go straight to, for example, some of the 2.0s, or perhaps some new ‘country coins’ (Government or 'free'); but lots and lots of folks will be in the market for a simpler, better-managed, more transparent post-fiat instrument of exchange, certainly as you seem to be the only clan on the planet that has figured out ‘Merchant goood!’. Dnotes future is bright.
Mark and Ian used the term ‘bell jar,’ meaning that there were ‘X’ dollars in the cryptosphere, and when Bitcoin’s price rose, the price of altcoins dropped. and vice versa, with hydraulic precision.
The Big Spike put us ‘post-bell-jar,’ meaning that the hydraulic-ness remained a core reality, but weaker.
During this period, the much-increased ease of buying and using cryptos kept weakening the altcoins-are-beholden-to-Bitcoin thang.
And the beginning of connections to non-English-speaking tech communities we watched with bated breath. We were also moving beyond the ‘English-speaking bell-jar'!
But the 2.0s were a qualitative shift: attracting different types of investors, and therefore drawing capital from a new pot.
[And Cryptsy’s collapse will rid us of much dead wood.]
And Mr Doomerngloom muttered unceasingly about How It’s Ultimately Gonna Be All about GFC.
Which brings us to now:
we are witnessing the collective realization of these shifts: the citizens of China and other nations buying in, and doing so in some cases because their national currencies are tanking (GFC!). Waves of corporate acceptance is bringing cachet to the technology. A 2.0 is this second finally showing that 2.0s can create a parallel crypto-arena.
Conclusion: we are now well well well into post-bell-jar. Capital is sloshing in from various sources at various moments for various reasons.
Special Conclusion for Dnotes:
there will soon enough likely be billions and billions more of capital ‘sloshing’ about. It will sting to see some of it go straight to, for example, some of the 2.0s, or perhaps some new ‘country coins’ (Government or 'free'); but lots and lots of folks will be in the market for a simpler, better-managed, more transparent post-fiat instrument of exchange, certainly as you seem to be the only clan on the planet that has figured out ‘Merchant goood!’. Dnotes future is bright.
February 09, 2016, 06:47:23 PM
Woo hoo! Alt-cap-to-Btc cap has snuck over 14%.
Moving up slowly, even though the bitcoin price remains somewhat steady, pretty interesting.
February 09, 2016, 06:00:29 PM
Woo hoo! Alt-cap-to-Btc cap has snuck over 14%.
February 09, 2016, 03:38:33 PM
This will be interesting to follow, US Bankruptcy Court Set to Weigh in on Bitcoin's Currency Status
A California bankruptcy court is set to weigh in on whether bitcoin should be considered a currency.
The hearing, set for 19th February, follows months of legal wrangling between the trustee of bankrupt bitcoin mining firm HashFast and Marc Lowe, a former promoter for the service who operated under the handle 'cyberdoc'.
Trustee Michael Kasolas filed suit against Lowe in February of last year, seeking to recoup 3,000 bitcoins that had been paid by HashFast to Lowe for promoting the service, including a series of posts on the Bitcoin Talk forum.
The trustees alleged that Lowe was an insider who received preferential treatment from the firm, including the awarding of a refund while other customers were awaiting theirs, prior to HashFast’s bankruptcy.
Commodity or currency?
In a 22nd January filing, the trustees asked for a summary judgment requiring that Lowe return the 3,000 bitcoins, as well as – perhaps more importantly – a determination that bitcoin is a commodity rather than a currency.
By doing so, the court would essentially require that Lowe pay back the 3,000 BTC at today’s rate rather than the value, in dollar terms, when he received it in September 2013.
The filing states:
“Accordingly, the Court should grant the Motion and enter an order directing that if the subject transfers are avoided, the estate’s recovery shall be either the 3,000 bitcoin themselves or the value of those bitcoin at the transfer date or time of recovery, whichever is greater. This result is consistent with both established Ninth Circuit law and section 550(a)’s purpose of restoring the estate to the financial condition it would have enjoyed had the transfers not occurred.”
Predictably, Lowe pushed back, seeking the opposite ruling in a 5th February court filing. The heart of his argument was that, during the time he was promoting HashFast’s products, the company was treating bitcoin as a type of currency.
“The bitcoin Dr. Lowe received from HashFast should be treated as currency, not a commodity,” the filing states. “That was how HashFast intended bitcoin to be treated at the time it sent the bitcoin to Dr. Lowe, and that is how federal agencies, merchants, courts, the Debtor, and the Trustee himself have treated bitcoin. The Court should not grant the Trustee the undeserved windfall he is seeking.”
A California bankruptcy court is set to weigh in on whether bitcoin should be considered a currency.
The hearing, set for 19th February, follows months of legal wrangling between the trustee of bankrupt bitcoin mining firm HashFast and Marc Lowe, a former promoter for the service who operated under the handle 'cyberdoc'.
Trustee Michael Kasolas filed suit against Lowe in February of last year, seeking to recoup 3,000 bitcoins that had been paid by HashFast to Lowe for promoting the service, including a series of posts on the Bitcoin Talk forum.
The trustees alleged that Lowe was an insider who received preferential treatment from the firm, including the awarding of a refund while other customers were awaiting theirs, prior to HashFast’s bankruptcy.
Commodity or currency?
In a 22nd January filing, the trustees asked for a summary judgment requiring that Lowe return the 3,000 bitcoins, as well as – perhaps more importantly – a determination that bitcoin is a commodity rather than a currency.
By doing so, the court would essentially require that Lowe pay back the 3,000 BTC at today’s rate rather than the value, in dollar terms, when he received it in September 2013.
The filing states:
“Accordingly, the Court should grant the Motion and enter an order directing that if the subject transfers are avoided, the estate’s recovery shall be either the 3,000 bitcoin themselves or the value of those bitcoin at the transfer date or time of recovery, whichever is greater. This result is consistent with both established Ninth Circuit law and section 550(a)’s purpose of restoring the estate to the financial condition it would have enjoyed had the transfers not occurred.”
Predictably, Lowe pushed back, seeking the opposite ruling in a 5th February court filing. The heart of his argument was that, during the time he was promoting HashFast’s products, the company was treating bitcoin as a type of currency.
“The bitcoin Dr. Lowe received from HashFast should be treated as currency, not a commodity,” the filing states. “That was how HashFast intended bitcoin to be treated at the time it sent the bitcoin to Dr. Lowe, and that is how federal agencies, merchants, courts, the Debtor, and the Trustee himself have treated bitcoin. The Court should not grant the Trustee the undeserved windfall he is seeking.”
February 09, 2016, 02:37:29 PM
Brandon's article was republished on the popular fire rescue site FireRecue1.com. Excellent job Brandon!
http://www.firerescue1.com/fire-products/technology/articles/58575018-How-fire-departments-can-use-Bitcoin-technology/
http://www.firerescue1.com/fire-products/technology/articles/58575018-How-fire-departments-can-use-Bitcoin-technology/
Wow, that is a great outlet to some coverage! It's probably the fire service's equivalent of mainstream media!
Excellent job, Brandon. Impressive!
Thanks, I'm really glad they ran the article. One of my top priorities is helping firefighters. This article will bring much needed attention to the potential uses of blockchain, instead of sensationalized negetive news which mainstream media typically pushes.
February 09, 2016, 01:28:49 PM
Brandon's article was republished on the popular fire rescue site FireRecue1.com. Excellent job Brandon!
http://www.firerescue1.com/fire-products/technology/articles/58575018-How-fire-departments-can-use-Bitcoin-technology/
http://www.firerescue1.com/fire-products/technology/articles/58575018-How-fire-departments-can-use-Bitcoin-technology/
Wow, that is a great outlet to some coverage! It's probably the fire service's equivalent of mainstream media!
Excellent job, Brandon. Impressive!
February 09, 2016, 01:21:14 PM
Brandon's article was republished on the popular fire rescue site FireRecue1.com. Excellent job Brandon!
http://www.firerescue1.com/fire-products/technology/articles/58575018-How-fire-departments-can-use-Bitcoin-technology/
http://www.firerescue1.com/fire-products/technology/articles/58575018-How-fire-departments-can-use-Bitcoin-technology/
Wow, that is a great outlet to get some coverage! It's probably the fire service's equivalent of mainstream media!
February 09, 2016, 01:17:33 PM
Great article Evander!
Five Reasons Why Bitcoin’s Blockchain is Superior to Private Blockchains
http://dcebrief.com/five-reasons-why-bitcoins-blockchain-is-superior-to-private-blockchains/
February 09, 2016, 11:33:25 AM
Brandon's article was republished on the popular fire rescue site FireRecue1.com. Excellent job Brandon!
http://www.firerescue1.com/fire-products/technology/articles/58575018-How-fire-departments-can-use-Bitcoin-technology/
http://www.firerescue1.com/fire-products/technology/articles/58575018-How-fire-departments-can-use-Bitcoin-technology/
February 09, 2016, 09:39:45 AM
Quote from: indiamikezulu on Today at 08:27:57 AM
Hey, Shepherd! There is a touch of facetiousness there -- but not much. And 'buy everything' can be effected in a range of indirect ways. But the thesis is on the record. WTS.
As fast as I can type:
‘ . . . ever-more exotic monetary policy is rapidly reaching the point of diminishing returns.’
http://www.reuters.com/article/us-global-markets-idUSKCN0VI011
China mainland is on holidays -- ?
Japan exchanges down over 5% today, and government bonds went negative for the first time ever.
Asian shares ‘torched,’ ‘investors stampeding [out of stocks].’
European stocks slumped: Deutsche Bank has lost 36% just since January the 1st.
Greece? ‘Banking-sector meltdown.’
Insuring European banks against default has spiked to 2013 levels.
And good luck finding anyone who still thinks the U.S. Fed Reserve thinks the U.S. economy is strong enough to bear any interest-rate increases this year.
Mark (IndiaMikeZulu), Australia
Quote From Shepherd Today:
The risk profile of the banking sector will continue to increase. Most of the major international banks are relatively stronger than during the last global financial crises of 2008. What makes it hard to speculate is which deck of cards will collapse first.
What is quite clear, is that, the chances of the US avoiding a full blown global recession is become more remote. Personally, I am deeply concerned, that this time, it will negatively impact the small business owners more than we have ever seen. Many are already stretched to the limits because of mounting costs and regulations in doing business. What is bad for small business is bad for the country. And what is bad for the employers is also bad for the employees.
"Many investors believed that signs of stress in the market for credit default swaps pointed to further declines ahead.
"There is a high probability of a further correction in equity prices, led by banking and energy stocks. There could be a wave of defaults in the energy sector and that will damage the balance sheet of the banking sector," said Lorne Baring, managing director of B Capital Wealth Management. Slowing global growth was clouding the outlook further, he added."
Hey, Shepherd! There is a touch of facetiousness there -- but not much. And 'buy everything' can be effected in a range of indirect ways. But the thesis is on the record. WTS.
As fast as I can type:
‘ . . . ever-more exotic monetary policy is rapidly reaching the point of diminishing returns.’
http://www.reuters.com/article/us-global-markets-idUSKCN0VI011
China mainland is on holidays -- ?
Japan exchanges down over 5% today, and government bonds went negative for the first time ever.
Asian shares ‘torched,’ ‘investors stampeding [out of stocks].’
European stocks slumped: Deutsche Bank has lost 36% just since January the 1st.
Greece? ‘Banking-sector meltdown.’
Insuring European banks against default has spiked to 2013 levels.
And good luck finding anyone who still thinks the U.S. Fed Reserve thinks the U.S. economy is strong enough to bear any interest-rate increases this year.
Mark (IndiaMikeZulu), Australia
Quote From Shepherd Today:
The risk profile of the banking sector will continue to increase. Most of the major international banks are relatively stronger than during the last global financial crises of 2008. What makes it hard to speculate is which deck of cards will collapse first.
What is quite clear, is that, the chances of the US avoiding a full blown global recession is become more remote. Personally, I am deeply concerned, that this time, it will negatively impact the small business owners more than we have ever seen. Many are already stretched to the limits because of mounting costs and regulations in doing business. What is bad for small business is bad for the country. And what is bad for the employers is also bad for the employees.
"Many investors believed that signs of stress in the market for credit default swaps pointed to further declines ahead.
"There is a high probability of a further correction in equity prices, led by banking and energy stocks. There could be a wave of defaults in the energy sector and that will damage the balance sheet of the banking sector," said Lorne Baring, managing director of B Capital Wealth Management. Slowing global growth was clouding the outlook further, he added."
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