Topic: DNotes 2.0 - Staking, CRISP Interest, DNotes Pay - page 246. (Read 148848 times)

First of all, none of those academics are 'experts' outside of how to study the manipulation of markets for personal and megalomaniacal gain. I could hardly take Paul Krugman, Joseph Stiglitz, or any central banker's opinion seriously -- it is like asking. Even the Central Bank in New Zealand said "it's blatantly a bubble". Everybody is saying it might be a bubble, and yet everybody still wants to buy it. We should clearly put our faith in the Keynesian command-and-control style economists who have been wrong every time.

That Amazon bubble tho...

There's an awful lot of talk in the media and among economic experts that Bitcoin is a bubble right now, with all traditional indicators leading them to that conclusion. However, I believe they are discounting just how widespread the demand is. In my opinion Bitcoin is not a bubble, it has barely reached its full potential. I think we won't start getting into serious bubble territory until BTC becomes a geopolitical financial weapon for conflicting nation states.
https://oilprice.com/Geopolitics/International/Meet-The-Worlds-Most-Powerful-Bitcoin-Backers.html

In my opinion, Bitcoin is best suited to a macro economic purpose such as this, because it is the most secure network in the world, but very ill suited for processing large volumes of transactions. Since some people only live on a few dollars a month, they can't afford to pay a few dollars to make a Bitcoin transaction.  For this reason, Bitcoin can not become a global currency for everyone.

I do agree that there are certain segments of the industry that are undergoing a bubble, primarily in the areas where there is easy money to be had.
https://dnotesedu.com/2017/11/the-elephant-in-the-room-cryptocurrencys-massive-bubbles/

For anyone who might be thinking about comparing Bitcoin's price spike now, to what happened in 2013; which was followed by a near 2 year correction - do not forget that the price spike back then was an insider job, caused by two bots on the now defunct exchange Mt Gox.
https://www.cryptocoinsnews.com/mt-gox-trading-bots-manipulated-bitcoin-price/

Who knows what began driving this most recent price spike in Bitcoin, but I have a suspicion that something reminiscent of Mt Gox is going on again.
https://www.msn.com/en-us/money/markets/dollar814-million-mystery-shrouds-heart-of-biggest-bitcoin-exchange/ar-BBGgtRf
http://www.afr.com/markets/currencies/bitcoin-rebounds-to-another-record-after-41-million-hack-of-crypto-peer-tether-20171121-gzq9vk

At any rate, my gut feeling is that Bitcoin will undergo another correction period beginning at some point in the near future, then will continue on to reach unthinkable prices. A big problem I see in this for the average person is that when BTC hyperdeflation intensifies, some existing Bitcoin holders won't be able to get rid of their Bitcoin, simply because it is too expensive to move.

Good point, the SEC did make an announcement. Of course that doesn't mean their can't be bounties or affiliates or even celebrity endorsements, just that there is proper disclosure. If you promote a product that you believe in, it's fine, but if someone is paying you to promote the product it needs the proper disclosure.

"I am always suspicious of articles that promote a product, utilize expertise to gain confidence and sell the user." I agree, and it's too bad he didn't end the article before the pitch, so as not to lose the trust of the informed reader.



I think the author may have been applying existing regulations to bounties, and since the SEC casts such a wide net on what constitutes a security and who has to follow the rules, he may be right. The SEC did issue a statement on "celebrities and others" promoting ICOs and that they must disclose they are getting paid. It is the celebrity side of the story that garnered all of the headlines, and no one paid attention to the "and others".

Statement on Potentially Unlawful Promotion of Initial Coin Offerings and Other Investments by Celebrities and Others

"...Any celebrity or other individual who promotes a virtual token or coin that is a security must disclose the nature, scope, and amount of compensation received in exchange for the promotion.  A failure to disclose this information is a violation of the anti-touting provisions of the federal securities laws.  Persons making these endorsements may also be liable for potential violations of the anti-fraud provisions of the federal securities laws, for participating in an unregistered offer and sale of securities, and for acting as unregistered brokers.  The SEC will continue to focus on these types of promotions to protect investors and to ensure compliance with the securities laws."

https://www.sec.gov/news/public-statement/statement-potentially-unlawful-promotion-icos

Historically, DNotes has often been undervalued relative to its industry peers. Being recently delisted from Poloniex Exchange was certainly not helpful. Until DNotes 2.0 is successfully launched, it is a waiting exercise to be listed on other larger exchanges.

DNotes is more than just a digital currency. It is supported by an integrated ecosystem under the leadership and management of an incorporated company - DNotes Global, Inc.  DNotes' stakeholders collectively own 25% of the company. This is unique in our industry and our solution to integrating the new decentralized space with our centralized world. This concept may be to foreign or too new for most people to understand. Just like the way Bitcoin got started. Satoshi Nakamoto pointed in the early days that Bitcoin was going to be worth a lot or worth nothing; I will say the same thing about DNotes with a twist: " In 5 years, DNotes will be worth a lot as one of the most valuable business models by doing the right, the right way, at the right time or worth nothing because that didn't matter. Of course,  I am betting that it matters and giving it all I got.

We are stepping up to tell our story with a major funding campaign to raise up to $50 million worldwide from accredited and non-accredited investors using Reg. A+ Mini IPO Title IV Tier 2. over a 12 months period. That could be our best news for 2018.

Why is such a meaningful project always around $ 0.01? Up to over 0.2 US dollars, 20 times the difference is what caused? Is there any good news lately?

There are a lot of misleading statements in the article and very confusing. I am not aware of any specific bounty crackdown. However, if the ICO is deemed illegal for lack of registration or exemption, the associated bounty token is likely to be illegal as well.

SEC Chairman Jay Clayton just made this statement: “Investors should understand that to date no initial coin offerings have been registered with the SEC.”  https://www.crowdfundinsider.com/2017/12/125792-sec-chairman-jay-clayton-issues-statement-initial-coin-offerings-cryptocurrencies/

In the same article, he added, “Specifically, we concluded that the token offering represented an investment of money in a common enterprise with a reasonable expectation of profits to be derived from the entrepreneurial or managerial efforts of others.”

Since it is illegal to sell securities that are not registered or exempt with the SEC this confirmation from the SEC Chairman is very troubling.

That is pretty interesting. I do remember when the FTC was cracking down on the affiliate marketing people and made the requirement for disclosure as promoting products disguised as genuine appeal for the product. I am always suspicious of articles that promote a product, utilize expertise to gain confidence and sell the user. Thus the statement at the bottom "He is a co-founder at benjaCoin and advisor to several ICO projects, including RetailCoins. #disclosure". I suppose in this case the product is the ICO or investment and it could be true that the FTC is investigating, but I would think they would issue a formal statement if that were the case, just as they did with the bloggers and affiliate marketers.

This is definitely the start of the mainstream media moment we've been talking about for 4 years.

It's too bad there isn't a cryptocurrency fact-checker for media coverage like this:

CNBC Host: “I get it that cryptocurrency is a FIAT currency like the US Dollar” - http://investmentwatchblog.com/cnbc-host-i-get-it-that-cryptocurrency-is-a-fiat-currency-like-the-us-dollar/   

Ignore the coin pitch at the end of this article. It is what the author has to say about bounties that could be another blow to ICOs. He does mention cryptocurrency a few times, but it sounds as if the bounty crackdown would only be for securities (ICOs).

Rest in Peace, ICO Bounty Programs - https://hackernoon.com/rest-in-peace-ico-bounty-programs-fc1e1e04e867

All very interesting. So now I'm wondering if weather channels are an indicator of cryptocurrency awareness penetration, or has my knowledge fallen so far behind that Proof Of Importance is revealed to me through sidestream media? I like the idea of using computing power to calculate something useful. But I feel like less calculation-heavy models like POS have more potential to be inclusive, function better on mobile devices, and enable faster transactions.

As for public awareness, I'm currently spending a week in Australia for a wedding. Last time I was here, and people asked me what I did, the mention of 'cryptocurency' would result in blank stares, or a fifteen minute explainer. Now the person massaging my back says, "oh cryptocurrency? Like bitcoin and ICOs and stuff?" And this is representative now of the responses I"m getting. I think the exponential bull run and record breaking market cap has kept bitcoin in mainstream media so long that awareness is seeped into the general population now. That is a significant broadening of the market base. And I'm seeing awareness of the fact that you don't need to be a whole coin growing, which is working as an attractor for people who see bitcoin like buying a 'scratchie card' for $5 to see if they'll wind $20 with a vague hop of much more.

The thing that I see stopping a massive generalised public gamble from occurring is that the stakes are automatically raised by the current transaction fees. To make the $20 fee worthwhile, you need to be $100 or more on this new wheel of fortune. But if a fork comes through that successfully drops that transaction fees to keep them under one dollar, I'm expecting a massive price spike as petty investors flood the market.

Bitcoin Among Most Popular Google Search Terms in 2017

https://dcebrief.com/bitcoin-among-most-popular-google-search-terms-in-2017/

https://cointelegraph.com/news/israeli-pm-bitcoin-could-replace-banks

I don't know if Bitcoin itself will replace banks. However I know of a new complete blockchain ecosystem that can...   

Yes, let's have DNotes shine big time... after I've managed to buy a few more

It certainly appears the mainstream audience is starting to recognize more and more that there are other solid options aside from bitcoin. Bitcoin is of course still the industry leader, but I do remember when people wouldn't even talk about anything aside from bitcoin. Then it became all about blockchain, and don't bother unless the conversation includes blockchain. Now we may be reaching the period where the whole industry is being recognized and people are realizing there are a lot of options and choices. This will be the perfect time for DNotes to really start to shine.

The people asking about a DNotes ICO may be spam posters. I saw a similar question on a thread for a different coin that is currently on life support.

We're getting a lot of these questions about running an ICO lately by people who aren't reading the forum content, even three posts back through the history.

DNotes is not doing an ICO. We are crowdfunding under the jobs act in a Reg A+ Tier II mini-IPO where we will be seeking 50 million US dollars. We have chosen this strategy to ensure international compliance certainty, particularly in the USA - an approach that is not possible with ICOs, which could find themselves under increasing regulatory oversight, or retrospective government action.

Our IPO will mean that both accredited AND non-accredited investors from many countries will be able to contribute to the US-based DNotes Global IPO. The funds from the IPO will be used to further advance the technology behind the DNotes blockchain, expand our current properties' capabilities (Four Pillars of Business Success / DCEBrief.com / DNotesVault.com) and create new ones beneficial to our ecosystem, and to invest in our NextGen Venture Capital platform. NextGen VC will help partner and client businesses to raise capital and operate a successful business, and DNotes Global will be invested in, or receiving income from these joint ventures. Some of the equity in DNotes Global (an initial 25%) has been awarded to the DNotes currency itself, so all revenue generating activities that DNotes Global undertakes add fundamental value to the currency which will actively boost the token's value and price. Provided all feasibility research comes back positive, we also plan to create a regulated cryptocurrency exchange that will allow crypto / US dollar trading.   

These are our immediate plans we will be undertaking heading into 2018. The upgraded DNotes 2.0 blockchain will also launch sometime around February 2018, and continue to be developed concurrently during our mini-IPO. The initial modular release of DNotes 2.0 builds community economic incentives to save and earn interest through multiple mechanisms with unparalleled security that work to create a healthy DNotes economy. The second module will focus on tokenized platform support to allow businesses and users to easily create turnkey blockchain solutions for their decentralized or private applications, which will be heavily drawn on for integrating businesses into NextGen VC (including crowdfunding and the potential for regulated ICOs on our platform).

The CEO and CTO are extremely busy getting everything into action for the IPO, and completing prior commitments that we have made to finish the Four Pillars of Business Success videos to have them ready for NextGen VC as both an advertising vehicle and educational guide. We have acquired the legal counsel of Laura Anthony of Legal & Compliance, LLC  to advise us on the IPO, and we are actively looking to grow our team with more employee developers.

We do things the right way, at the right time. Many things have happened in 2017, and with the spotlight on cryptocurrencies in the media, 2018 is a most opportune time to spring forward into high gear. The whole world is watching. 

How long ICO will run dev?

Judging from all the news and mentions of crypto in all the places we have never seen it before, I would say the industry has or, is very close to reaching critical mass. You can't turn around without seeing an article about bitcoin in the main stream media nor can you be around any of you "none crypto" friends without one or more asking how to get in the markets or, my favorite: "Just what is this bitch coin thing anyway?" Not everyone has style...

The new year should be quite a ride in what I fully see being the 'up" elevator. I really don't think it can be stopped at this point. Throttled, messed with, banned, outlawed or adopted and, of course, taxed but not stopped. Hang on, here we go like it or not!  

I think more and more people are getting interested in cryptocurrencies every day. I'm starting to have friends and neighbors and even family members asking me questions about it. Selling stuff you no longer need on Craig's List would be a great way to get into Bitcoin. Far better than mortgaging your house.