Author

Topic: DNotes 2.0 - Staking, CRISP Interest, DNotes Pay - page 257. (Read 148866 times)

legendary
Activity: 1610
Merit: 1060
Its delisted from poloniex any plans on bringing dnotes to another exchange like bittrex?

Yes, we are. But realistically, don't expect another major exchange listing DNotes soon. It takes time, especially, when we are in the process of switching over to DNotes 2.0.

member
Activity: 80
Merit: 10
Hi kopes18. Many of the questions you asked have been answered, most of them many times. I recommend one of two things, or even both. First, do a quick read of this forum starting from page one. If necessary, go to our old forum as well, dating back to February 18, 2014. Second, PM me to arrange a Skype call. If it is important to you, I am delighted to give you 30 minutes.

DNotes is uniquely different, in our business model, strategies and execution, as well as style and substance. It is difficult for most people to connect the dots. Like a chess game, it is difficult for the audience to understand the strategies behind every move.
I see I see, haha thank you I will.
hero member
Activity: 906
Merit: 507

The Elephant in the Room: Cryptocurrency’s Massive Bubble(s)

https://dnotesedu.com/2017/11/the-elephant-in-the-room-cryptocurrencys-massive-bubbles/


That's an interesting article. I have been personally puzzled by the rush to invest in lots of different ICOs or even a new coin that looks flashy. I picked some new coins to invest in back in 2014, including DNotes, and what's funny is that two of those coins I picked back then I'm still investing in now, and they're like old coins. I've picked up one new coin since then whose future is up in the air but other than that, I'm sticking with the tried and true ones, and trying to add to my holdings as much as I can.

One thing that truly puzzles me is the Ethereum phenomenon, and I'm wondering if anyone here would like to comment on it. I avoided Ethereum for the longest time because every time I heard something about it, it was bad. Smart contracts getting hacked, millions of Dollars worth getting lost or held up somewhere in the etherspace where no one could find them until they sort of wandered back home. I wanted nothing to do with it. If I heard of an interesting ICO, I'd look into it and as soon as I learned it was ethereum based I'd drop it like a hot potato. I recently got into the position where I own two different ETH based tokens (one because I thought it was a NEM token and the other because I was kind of forced to--long story). So I finally tried to get a wallet and my first attempt failed repeatedly, until I finally switched to a different wallet. It works, but is very clunky. I guess what I don't understand is how a coin that is so awful can be priced so high and be so popular per coinmarketcap. That's the part I truly do not understand. Why is Ethereum where it is, and not one of a half dozen other coins that do smart contracts and wallets far better?
It's crazy I think the same DNOTES and NEM are my favorite coins I also just picked up ZENCASH as my new coin they have a good dev team and keep the community updated with everything that's happening   
legendary
Activity: 1610
Merit: 1060
Hi, @DNotes @Dyna. Great thanks for answering my newbie questions.

I see the the coin launched on 2014, the actual dev starts from April 2017. During 2014 and 2017 what DNotes focused is marketing.

I think it will be great to add some new technical improvement, for example: consensus protocol, lightening network, private sending and so on.

For me, I was a developer, making development thoughts and basic report are not complicated, actually quite simple and fun. Cause it's sharing the new ideas and progresses to everyone. I even write some to myself helping me organize the coding design.

If the developer could push the work to Github I'm sure this will gain a lot faith to DNotes holders.

Why not coding in the open source way? So that ppl can also contribute ideas, even code to DNotes2.0. Although I'm not a blockchain developer, but maybe someone in the community is good at this. For example the development of Linux and Bitcoin.

Since DNotes Global is not a none profit foundation, what the business plan to attract and convince investors to invest in the company?

No problem kopes18.

To see the projects we have been working on since 2014, please see our roadmap here: http://dnotescoin.com/dnotes-roadmap/
Quote from Alan above "For the first three years, we focused in developing our ecosystems, i.e. – CryptoMoms, DNotesVault, Family of CRISPs, DCEBrief and my book. We waited for the technology to mature and only started working on software development [of DNotes 2.0] on April 1, 2017."

Also see 2017 in the roadmap for our list of carefully planned technical improvements for DNotes 2.0.

As far as open source / github, please see my response above here: https://bitcointalksearch.org/topic/m.24964592
Our GitHub is absolutely open for anyone to contribute, but once the base code of DNotes 2.0 is completed we can more actively promote contributions along with bounties. There is the possibility some of the code will be radically different, so it doesn't make sense for us to promote it until DNotes 2.0 is ready.

DNotes Global Inc. is a for-profit company, for more information on this please see the DNotes story here: http://dnotescoin.com/the-dnotes-story-an-unfolding-big-bold-idea-of-global-scale/
http://dnotescoin.com/the-dnotes-story-an-unfolding-big-bold-idea-of-global-scale/
I still can't see the business model of DNotes Global as a company.

It is easy to get confused. DNotes itself is a decentralized digital currency. It is governed by algorithm. By itself, and I am trying to keep it simple, it has little capability of executing a business model or business plan. It is leaderless and it cannot be controlled by an individual or a group of individual like a real world business.

We recognize that as a short coming of a decentralized organization. We believe that it is important to have a group, such as ourselves and our community to have sufficient self interest to promote and protect the best interest of DNotes. DNotes Global is an addition to that efforts to carry out the proposed projects on our road-map.

 
Oh yes, I understand the currency part. But I think to attract Reg. A+ investment the DNotes Global inc should have a business plan for the company investors. I just don't see this part for now. Thanks!

We have a business plan/white paper on the standby that is 90% completed. TeeGee has put in a lot of time working on that. I have also contributed and reviewed his work. Depending on the situation and disclosure requirements it can be completed as business plan, white paper, prospectus, or private placement memorandum, relatively quick.

I am not in favor issuing business plan for general consumption, especially in our industry. It is often a wish list to fool investors; constantly subject to change. At this point, our Road Map is sufficient. Moreover, there is a massive amount of published materials about what we are working on and we are always here to answer any questions.

Additionally, in the case of A+ Mini IPO issuing misleading statements or claims could negatively impact our chances of getting approval. We have always been very conservative but will be even more guarded as we take a serious look at A+ Mini IPO.


Thank you Alan. I'm looking forward to the white paper and business plan.

Yes, I think the roadmap sufficient ok for the coin for now, but since there is no pre mined or other service can relate the coin success to the company. Also DNotes will get 25% fund. This part confusing me, maybe I missed something or it's still in progress in the business plan paper?


Hi kopes18. Many of the questions you asked have been answered, most of them many times. I recommend one of two things, or even both. First, do a quick read of this forum starting from page one. If necessary, go to our old forum as well, dating back to February 18, 2014. Second, PM me to arrange a Skype call. If it is important to you, I am delighted to give you 30 minutes.

DNotes is uniquely different, in our business model, strategies and execution, as well as style and substance. It is difficult for most people to connect the dots. Like a chess game, it is difficult for the audience to understand the strategies behind every move.

member
Activity: 80
Merit: 10
Hi, @DNotes @Dyna. Great thanks for answering my newbie questions.

I see the the coin launched on 2014, the actual dev starts from April 2017. During 2014 and 2017 what DNotes focused is marketing.

I think it will be great to add some new technical improvement, for example: consensus protocol, lightening network, private sending and so on.

For me, I was a developer, making development thoughts and basic report are not complicated, actually quite simple and fun. Cause it's sharing the new ideas and progresses to everyone. I even write some to myself helping me organize the coding design.

If the developer could push the work to Github I'm sure this will gain a lot faith to DNotes holders.

Why not coding in the open source way? So that ppl can also contribute ideas, even code to DNotes2.0. Although I'm not a blockchain developer, but maybe someone in the community is good at this. For example the development of Linux and Bitcoin.

Since DNotes Global is not a none profit foundation, what the business plan to attract and convince investors to invest in the company?

No problem kopes18.

To see the projects we have been working on since 2014, please see our roadmap here: http://dnotescoin.com/dnotes-roadmap/
Quote from Alan above "For the first three years, we focused in developing our ecosystems, i.e. – CryptoMoms, DNotesVault, Family of CRISPs, DCEBrief and my book. We waited for the technology to mature and only started working on software development [of DNotes 2.0] on April 1, 2017."

Also see 2017 in the roadmap for our list of carefully planned technical improvements for DNotes 2.0.

As far as open source / github, please see my response above here: https://bitcointalksearch.org/topic/m.24964592
Our GitHub is absolutely open for anyone to contribute, but once the base code of DNotes 2.0 is completed we can more actively promote contributions along with bounties. There is the possibility some of the code will be radically different, so it doesn't make sense for us to promote it until DNotes 2.0 is ready.

DNotes Global Inc. is a for-profit company, for more information on this please see the DNotes story here: http://dnotescoin.com/the-dnotes-story-an-unfolding-big-bold-idea-of-global-scale/
http://dnotescoin.com/the-dnotes-story-an-unfolding-big-bold-idea-of-global-scale/
I still can't see the business model of DNotes Global as a company.

It is easy to get confused. DNotes itself is a decentralized digital currency. It is governed by algorithm. By itself, and I am trying to keep it simple, it has little capability of executing a business model or business plan. It is leaderless and it cannot be controlled by an individual or a group of individual like a real world business.

We recognize that as a short coming of a decentralized organization. We believe that it is important to have a group, such as ourselves and our community to have sufficient self interest to promote and protect the best interest of DNotes. DNotes Global is an addition to that efforts to carry out the proposed projects on our road-map.

 
Oh yes, I understand the currency part. But I think to attract Reg. A+ investment the DNotes Global inc should have a business plan for the company investors. I just don't see this part for now. Thanks!

We have a business plan/white paper on the standby that is 90% completed. TeeGee has put in a lot of time working on that. I have also contributed and reviewed his work. Depending on the situation and disclosure requirements it can be completed as business plan, white paper, prospectus, or private placement memorandum, relatively quick.

I am not in favor issuing business plan for general consumption, especially in our industry. It is often a wish list to fool investors; constantly subject to change. At this point, our Road Map is sufficient. Moreover, there is a massive amount of published materials about what we are working on and we are always here to answer any questions.

Additionally, in the case of A+ Mini IPO issuing misleading statements or claims could negatively impact our chances of getting approval. We have always been very conservative but will be even more guarded as we take a serious look at A+ Mini IPO.


Thank you Alan. I'm looking forward to the white paper and business plan.

Yes, I think the roadmap sufficient ok for the coin for now, but since there is no pre mined or other service can relate the coin success to the company. Also DNotes will get 25% fund. This part confusing me, maybe I missed something or it's still in progress in the business plan paper?
hero member
Activity: 768
Merit: 500
Its delisted from poloniex any plans on bringing dnotes to another exchange like bittrex?
member
Activity: 70
Merit: 10
Dnotes price collapse has been spectacular and today it shed 40% of its value.  One wonders why?
full member
Activity: 187
Merit: 100
Professional cryptocurrency writer incl DNotes.

The Elephant in the Room: Cryptocurrency’s Massive Bubble(s)

https://dnotesedu.com/2017/11/the-elephant-in-the-room-cryptocurrencys-massive-bubbles/


That's an interesting article. I have been personally puzzled by the rush to invest in lots of different ICOs or even a new coin that looks flashy. I picked some new coins to invest in back in 2014, including DNotes, and what's funny is that two of those coins I picked back then I'm still investing in now, and they're like old coins. I've picked up one new coin since then whose future is up in the air but other than that, I'm sticking with the tried and true ones, and trying to add to my holdings as much as I can.

One thing that truly puzzles me is the Ethereum phenomenon, and I'm wondering if anyone here would like to comment on it. I avoided Ethereum for the longest time because every time I heard something about it, it was bad. Smart contracts getting hacked, millions of Dollars worth getting lost or held up somewhere in the etherspace where no one could find them until they sort of wandered back home. I wanted nothing to do with it. If I heard of an interesting ICO, I'd look into it and as soon as I learned it was ethereum based I'd drop it like a hot potato. I recently got into the position where I own two different ETH based tokens (one because I thought it was a NEM token and the other because I was kind of forced to--long story). So I finally tried to get a wallet and my first attempt failed repeatedly, until I finally switched to a different wallet. It works, but is very clunky. I guess what I don't understand is how a coin that is so awful can be priced so high and be so popular per coinmarketcap. That's the part I truly do not understand. Why is Ethereum where it is, and not one of a half dozen other coins that do smart contracts and wallets far better?

Thank you, wiser. I always enjoy your posts – original, honest and refreshing. The fact that your picked two from years back that are still promising today, by itself, is quite amazing.

I have high regards for Ethereum, despite their occasional stumble. It is difficult to be perfect. There is a lot of untested ground and uncontrollable.

However, I am concerned about the potential fall-out of ICOs that SEC may deem “securities” that were sold without registration or exemption. Among other remedies, they can issue a rescission order to rescind or return the proceeds of the fund raised; much of the amount is still held as Ether and Bitcoin. A major case or a combination of a few could cause significant value adjustment. A wide-spread enforcement could be very damaging.


Thanks for the kind words. I like your perspective on Ethereum--focus on what that project has accomplished, which is considerable.

The two "new" coins I got into in 2014 are NEM and DNotes. With DNotes, it was the professionalism and dedication to developing solid infrastructure that won me over. With NEM, I kind of fell into it because I had been playing around with NXT, unfortunately not profitably, and some of their team decided to launch NEM and I got a stake figuring I had nothing to lose. Now I wish I'd gotten two or three. In 2015 I got involved with DMD, which by that time was already nearly three years old, and the longevity interested me. Early on I took a small writing gig with them and was very impressed with the thoroughness and ease of communication I had with the lead developer. That coin is now 4.5 years old and going strong, and paying a lot of my bills. The two newer coins I'm into now are STEEM--I really like the blogging for currency concept--(though right now I need to figure out if they're having growing pains or real issues), and VIVA, which I think is a great concept that will make it but at this stage is still a wild card.

Honestly, four or five coins is about all I can handle keeping up with, so I'm not even looking at the new ones coming out. One thing I love about DNotes is that if I'm not around for a couple months I don't have to worry that there will ever be some deal breaking piece of information that I missed that I should have acted on immediately (as in sell off all my coins). I can know that DNotes will still be there and making progress.


Thanks, wiser. You are very analytical and objective in your selections. Many investors in our industry can learn from you. There are always leaders and followers in any competitive industry, such as ours. And you are able to identify them.

DNotes has a lot of moving parts and only those who can connect all the dots can appreciate its true value. It is strategically designed to be a long-term player and positioned for the next wave of serious investors and professional fund managers who take their fiduciary duties seriously. I have no doubt that our relentless commitment to building a trusted brand with integrity will be quite valuable one day and we all can be proud of it.



I really enjoyed the article, especially because I hadn't heard about the Enron scandal. But it makes me really wonder about the definition of a 'bubble'. I've read about the Tulip bubble, the over-heated market and investing in investment companies that preceded that Wall Street Crash of 1929, the dotcom bubble, and in Australia, we've been waiting for the real-estate bubble to pop for well over a decade now. But the difference I see between these bubbles, and the cryptocurrency bubble is the underlying value of the investment. Tulips were over-priced, but still had natural value. Where as many of the dotcom companies received investment without ever having much of a chance at success, and had nothing of value at the time of investment other than a plan or an idea.

I think that the cryptocurrency bubble can be reasonably divided into two halves. One is bitcoin and the other is speculation on the value of ICO tokens.

I'm just guessing, but my feeling is that the majority of investors in ICOs never intend to use most of their tokens on the service that the ICO company is developing. For example, if you buy into an ICO that is going to offer you the ability to buy listening-hours on a music content platform, and invest US$1,000. It is not because you intend to get $1,000 dollars worth of great listening experience from your tokens. It is because you're hoping that you'll be able to sell the tokens to investors or listeners for more than you paid for them. If the ICO developers deliver a solid and wanted product, you might make a legitimate income by assisting developers bring a product to market. But because these ICOs typically gain hundreds of times more in funding than the development should cost on the open market, I feel like this outcome is unlikely or will be vary rare.

Instead my guess is that early buyers in ICOs will profit by selling to the greater fool, and like any other pyramid scheme, it is doomed to end in tears. In this way, I see the ICO industry when viewed as a single unit as a bubble caused by investors hoping for nothing more than to sell before the crash.

Bitcoin is different to this. And while the current price might be ten or one hundred times its present value, I believe that at some point in the future, the current price will reflect bitcoin's real worth as a utility, not a commodity. I also believe this is a widely held view and that many people who buy into bitcoin, even at the current price, will hold onto their investment through any trough, in the solid belief that it will always recover.

But when I refer to bitcoin, I'm not really thinking about the current dominant cryptocurrency. I'm thinking about the utility of the blockchain concept and the coin that does the best job of providing that utility and supporting services. I am also aware that I'm not alone in this way of thinking because the concept is neatly wrapped up in the term, "the flippening". This is the point where bitcoin loses the combined market advantages that it currently enjoys from being both the first, and the most valuable / popular.

If or when a cryptocurrency becomes more popular than bitcoin, it is believed that there will be a sudden and irreversible shift of investment from bitcoin, to the new favourite. And this is where I see the line between tokens, and other cryptocurrencies. Certainly some believe that bitcoin will continue to be the base coin, while their favoured cryptocurrency will be successful in parallel due to better functionality and supporting services. But I'm sure just as many investors in alt-currencies believe that they choice will eventually win out over bitcoin, and they will reap huge profits by being early adopters taking advantage of an undervalued coin.

So while I don't see bitcoin as a concept as being a bubble, I do believe that there will be a point in time when bitcoin the currency will lose favour to some other currency and become close to worthless. And in that way, bitcoin owners who don't move fast enough will be burnt by the flippening as surely as investors in a bubble.

As for DNotes, I see that it has huge potential. DNotes Global Inc is currently providing value to the community with its strong focus on education, and the care it is taking to establish a standard of ethical and inclusive behaviour in the industry. I don't see DNotes cryptocurrency having much current value as a utility because I have not seen it traded for goods or services outside of its growing community. I have never independently come across DNotes being used functionally. So whether DNotes will end up providing functional services along side bitcoin, or if ultimately DNotes will become the coin to dethrone bitcoin, I can't tell. I see they have the business acumen, and corporate culture it requires. But to achieve their potential everything depends on the functionality of DNotes and its supporting services.
full member
Activity: 1078
Merit: 102
Report: JPMorgan Chase Considering Bitcoin Futures Contracts

https://dcebrief.com/report-jpmorgan-chase-considering-bitcoin-futures-contracts/
legendary
Activity: 1610
Merit: 1060

The Elephant in the Room: Cryptocurrency’s Massive Bubble(s)

https://dnotesedu.com/2017/11/the-elephant-in-the-room-cryptocurrencys-massive-bubbles/


That's an interesting article. I have been personally puzzled by the rush to invest in lots of different ICOs or even a new coin that looks flashy. I picked some new coins to invest in back in 2014, including DNotes, and what's funny is that two of those coins I picked back then I'm still investing in now, and they're like old coins. I've picked up one new coin since then whose future is up in the air but other than that, I'm sticking with the tried and true ones, and trying to add to my holdings as much as I can.

One thing that truly puzzles me is the Ethereum phenomenon, and I'm wondering if anyone here would like to comment on it. I avoided Ethereum for the longest time because every time I heard something about it, it was bad. Smart contracts getting hacked, millions of Dollars worth getting lost or held up somewhere in the etherspace where no one could find them until they sort of wandered back home. I wanted nothing to do with it. If I heard of an interesting ICO, I'd look into it and as soon as I learned it was ethereum based I'd drop it like a hot potato. I recently got into the position where I own two different ETH based tokens (one because I thought it was a NEM token and the other because I was kind of forced to--long story). So I finally tried to get a wallet and my first attempt failed repeatedly, until I finally switched to a different wallet. It works, but is very clunky. I guess what I don't understand is how a coin that is so awful can be priced so high and be so popular per coinmarketcap. That's the part I truly do not understand. Why is Ethereum where it is, and not one of a half dozen other coins that do smart contracts and wallets far better?

Thank you, wiser. I always enjoy your posts – original, honest and refreshing. The fact that your picked two from years back that are still promising today, by itself, is quite amazing.

I have high regards for Ethereum, despite their occasional stumble. It is difficult to be perfect. There is a lot of untested ground and uncontrollable.

However, I am concerned about the potential fall-out of ICOs that SEC may deem “securities” that were sold without registration or exemption. Among other remedies, they can issue a rescission order to rescind or return the proceeds of the fund raised; much of the amount is still held as Ether and Bitcoin. A major case or a combination of a few could cause significant value adjustment. A wide-spread enforcement could be very damaging.


Thanks for the kind words. I like your perspective on Ethereum--focus on what that project has accomplished, which is considerable.

The two "new" coins I got into in 2014 are NEM and DNotes. With DNotes, it was the professionalism and dedication to developing solid infrastructure that won me over. With NEM, I kind of fell into it because I had been playing around with NXT, unfortunately not profitably, and some of their team decided to launch NEM and I got a stake figuring I had nothing to lose. Now I wish I'd gotten two or three. In 2015 I got involved with DMD, which by that time was already nearly three years old, and the longevity interested me. Early on I took a small writing gig with them and was very impressed with the thoroughness and ease of communication I had with the lead developer. That coin is now 4.5 years old and going strong, and paying a lot of my bills. The two newer coins I'm into now are STEEM--I really like the blogging for currency concept--(though right now I need to figure out if they're having growing pains or real issues), and VIVA, which I think is a great concept that will make it but at this stage is still a wild card.

Honestly, four or five coins is about all I can handle keeping up with, so I'm not even looking at the new ones coming out. One thing I love about DNotes is that if I'm not around for a couple months I don't have to worry that there will ever be some deal breaking piece of information that I missed that I should have acted on immediately (as in sell off all my coins). I can know that DNotes will still be there and making progress.


Thanks, wiser. You are very analytical and objective in your selections. Many investors in our industry can learn from you. There are always leaders and followers in any competitive industry, such as ours. And you are able to identify them.

DNotes has a lot of moving parts and only those who can connect all the dots can appreciate its true value. It is strategically designed to be a long-term player and positioned for the next wave of serious investors and professional fund managers who take their fiduciary duties seriously. I have no doubt that our relentless commitment to building a trusted brand with integrity will be quite valuable one day and we all can be proud of it.

legendary
Activity: 1806
Merit: 1029

The Elephant in the Room: Cryptocurrency’s Massive Bubble(s)

https://dnotesedu.com/2017/11/the-elephant-in-the-room-cryptocurrencys-massive-bubbles/


That's an interesting article. I have been personally puzzled by the rush to invest in lots of different ICOs or even a new coin that looks flashy. I picked some new coins to invest in back in 2014, including DNotes, and what's funny is that two of those coins I picked back then I'm still investing in now, and they're like old coins. I've picked up one new coin since then whose future is up in the air but other than that, I'm sticking with the tried and true ones, and trying to add to my holdings as much as I can.

One thing that truly puzzles me is the Ethereum phenomenon, and I'm wondering if anyone here would like to comment on it. I avoided Ethereum for the longest time because every time I heard something about it, it was bad. Smart contracts getting hacked, millions of Dollars worth getting lost or held up somewhere in the etherspace where no one could find them until they sort of wandered back home. I wanted nothing to do with it. If I heard of an interesting ICO, I'd look into it and as soon as I learned it was ethereum based I'd drop it like a hot potato. I recently got into the position where I own two different ETH based tokens (one because I thought it was a NEM token and the other because I was kind of forced to--long story). So I finally tried to get a wallet and my first attempt failed repeatedly, until I finally switched to a different wallet. It works, but is very clunky. I guess what I don't understand is how a coin that is so awful can be priced so high and be so popular per coinmarketcap. That's the part I truly do not understand. Why is Ethereum where it is, and not one of a half dozen other coins that do smart contracts and wallets far better?

Thank you, wiser. I always enjoy your posts – original, honest and refreshing. The fact that your picked two from years back that are still promising today, by itself, is quite amazing.

I have high regards for Ethereum, despite their occasional stumble. It is difficult to be perfect. There is a lot of untested ground and uncontrollable.

However, I am concerned about the potential fall-out of ICOs that SEC may deem “securities” that were sold without registration or exemption. Among other remedies, they can issue a rescission order to rescind or return the proceeds of the fund raised; much of the amount is still held as Ether and Bitcoin. A major case or a combination of a few could cause significant value adjustment. A wide-spread enforcement could be very damaging.


Thanks for the kind words. I like your perspective on Ethereum--focus on what that project has accomplished, which is considerable.

The two "new" coins I got into in 2014 are NEM and DNotes. With DNotes, it was the professionalism and dedication to developing solid infrastructure that won me over. With NEM, I kind of fell into it because I had been playing around with NXT, unfortunately not profitably, and some of their team decided to launch NEM and I got a stake figuring I had nothing to lose. Now I wish I'd gotten two or three. In 2015 I got involved with DMD, which by that time was already nearly three years old, and the longevity interested me. Early on I took a small writing gig with them and was very impressed with the thoroughness and ease of communication I had with the lead developer. That coin is now 4.5 years old and going strong, and paying a lot of my bills. The two newer coins I'm into now are STEEM--I really like the blogging for currency concept--(though right now I need to figure out if they're having growing pains or real issues), and VIVA, which I think is a great concept that will make it but at this stage is still a wild card.

Honestly, four or five coins is about all I can handle keeping up with, so I'm not even looking at the new ones coming out. One thing I love about DNotes is that if I'm not around for a couple months I don't have to worry that there will ever be some deal breaking piece of information that I missed that I should have acted on immediately (as in sell off all my coins). I can know that DNotes will still be there and making progress.
legendary
Activity: 1932
Merit: 1111
DNotes
Had to run a quick update on DNotesVault.com for anyone experiencing issues it is back up and running.
legendary
Activity: 1610
Merit: 1060

The Elephant in the Room: Cryptocurrency’s Massive Bubble(s)

https://dnotesedu.com/2017/11/the-elephant-in-the-room-cryptocurrencys-massive-bubbles/


That's an interesting article. I have been personally puzzled by the rush to invest in lots of different ICOs or even a new coin that looks flashy. I picked some new coins to invest in back in 2014, including DNotes, and what's funny is that two of those coins I picked back then I'm still investing in now, and they're like old coins. I've picked up one new coin since then whose future is up in the air but other than that, I'm sticking with the tried and true ones, and trying to add to my holdings as much as I can.

One thing that truly puzzles me is the Ethereum phenomenon, and I'm wondering if anyone here would like to comment on it. I avoided Ethereum for the longest time because every time I heard something about it, it was bad. Smart contracts getting hacked, millions of Dollars worth getting lost or held up somewhere in the etherspace where no one could find them until they sort of wandered back home. I wanted nothing to do with it. If I heard of an interesting ICO, I'd look into it and as soon as I learned it was ethereum based I'd drop it like a hot potato. I recently got into the position where I own two different ETH based tokens (one because I thought it was a NEM token and the other because I was kind of forced to--long story). So I finally tried to get a wallet and my first attempt failed repeatedly, until I finally switched to a different wallet. It works, but is very clunky. I guess what I don't understand is how a coin that is so awful can be priced so high and be so popular per coinmarketcap. That's the part I truly do not understand. Why is Ethereum where it is, and not one of a half dozen other coins that do smart contracts and wallets far better?

Thank you, wiser. I always enjoy your posts – original, honest and refreshing. The fact that your picked two from years back that are still promising today, by itself, is quite amazing.

I have high regards for Ethereum, despite their occasional stumble. It is difficult to be perfect. There is a lot of untested ground and uncontrollable.

However, I am concerned about the potential fall-out of ICOs that SEC may deem “securities” that were sold without registration or exemption. Among other remedies, they can issue a rescission order to rescind or return the proceeds of the fund raised; much of the amount is still held as Ether and Bitcoin. A major case or a combination of a few could cause significant value adjustment. A wide-spread enforcement could be very damaging.
legendary
Activity: 1806
Merit: 1029

The Elephant in the Room: Cryptocurrency’s Massive Bubble(s)

https://dnotesedu.com/2017/11/the-elephant-in-the-room-cryptocurrencys-massive-bubbles/


That's an interesting article. I have been personally puzzled by the rush to invest in lots of different ICOs or even a new coin that looks flashy. I picked some new coins to invest in back in 2014, including DNotes, and what's funny is that two of those coins I picked back then I'm still investing in now, and they're like old coins. I've picked up one new coin since then whose future is up in the air but other than that, I'm sticking with the tried and true ones, and trying to add to my holdings as much as I can.

One thing that truly puzzles me is the Ethereum phenomenon, and I'm wondering if anyone here would like to comment on it. I avoided Ethereum for the longest time because every time I heard something about it, it was bad. Smart contracts getting hacked, millions of Dollars worth getting lost or held up somewhere in the etherspace where no one could find them until they sort of wandered back home. I wanted nothing to do with it. If I heard of an interesting ICO, I'd look into it and as soon as I learned it was ethereum based I'd drop it like a hot potato. I recently got into the position where I own two different ETH based tokens (one because I thought it was a NEM token and the other because I was kind of forced to--long story). So I finally tried to get a wallet and my first attempt failed repeatedly, until I finally switched to a different wallet. It works, but is very clunky. I guess what I don't understand is how a coin that is so awful can be priced so high and be so popular per coinmarketcap. That's the part I truly do not understand. Why is Ethereum where it is, and not one of a half dozen other coins that do smart contracts and wallets far better?
legendary
Activity: 1610
Merit: 1060

The Elephant in the Room: Cryptocurrency’s Massive Bubble(s)

https://dnotesedu.com/2017/11/the-elephant-in-the-room-cryptocurrencys-massive-bubbles/


Thanks. Excellent job, DNotesEDU.


It is progressing in a very similar manner to the dot com bubble, where a few blue chips will emerge to dominate, and the rest of the industry will be doomed to failure or relegated to over the counter markets.” Certainly, that is a good reminder. In the real world, unfortunately, 80% of businesses failed during the first ten years.

Our industry is a fast mover – going fast, furious, and wild. I would venture to say that over 90% of the blockchain cryptocurrency projects will fail in the next 3 to 5 years. It is very important to do your homework before investing and prudent not to invest more than you can afford to lose in the event of a total loss.

And remember this from Warren Buffet, “Be Fearful When Others Are Greedy and Greedy When Others Are Fearful”
newbie
Activity: 128
Merit: 0

The Elephant in the Room: Cryptocurrency’s Massive Bubble(s)

https://dnotesedu.com/2017/11/the-elephant-in-the-room-cryptocurrencys-massive-bubbles/
legendary
Activity: 1610
Merit: 1060
Hi, @DNotes @Dyna. Great thanks for answering my newbie questions.

I see the the coin launched on 2014, the actual dev starts from April 2017. During 2014 and 2017 what DNotes focused is marketing.

I think it will be great to add some new technical improvement, for example: consensus protocol, lightening network, private sending and so on.

For me, I was a developer, making development thoughts and basic report are not complicated, actually quite simple and fun. Cause it's sharing the new ideas and progresses to everyone. I even write some to myself helping me organize the coding design.

If the developer could push the work to Github I'm sure this will gain a lot faith to DNotes holders.

Why not coding in the open source way? So that ppl can also contribute ideas, even code to DNotes2.0. Although I'm not a blockchain developer, but maybe someone in the community is good at this. For example the development of Linux and Bitcoin.

Since DNotes Global is not a none profit foundation, what the business plan to attract and convince investors to invest in the company?

No problem kopes18.

To see the projects we have been working on since 2014, please see our roadmap here: http://dnotescoin.com/dnotes-roadmap/
Quote from Alan above "For the first three years, we focused in developing our ecosystems, i.e. – CryptoMoms, DNotesVault, Family of CRISPs, DCEBrief and my book. We waited for the technology to mature and only started working on software development [of DNotes 2.0] on April 1, 2017."

Also see 2017 in the roadmap for our list of carefully planned technical improvements for DNotes 2.0.

As far as open source / github, please see my response above here: https://bitcointalksearch.org/topic/m.24964592
Our GitHub is absolutely open for anyone to contribute, but once the base code of DNotes 2.0 is completed we can more actively promote contributions along with bounties. There is the possibility some of the code will be radically different, so it doesn't make sense for us to promote it until DNotes 2.0 is ready.

DNotes Global Inc. is a for-profit company, for more information on this please see the DNotes story here: http://dnotescoin.com/the-dnotes-story-an-unfolding-big-bold-idea-of-global-scale/
http://dnotescoin.com/the-dnotes-story-an-unfolding-big-bold-idea-of-global-scale/
I still can't see the business model of DNotes Global as a company.

It is easy to get confused. DNotes itself is a decentralized digital currency. It is governed by algorithm. By itself, and I am trying to keep it simple, it has little capability of executing a business model or business plan. It is leaderless and it cannot be controlled by an individual or a group of individual like a real world business.

We recognize that as a short coming of a decentralized organization. We believe that it is important to have a group, such as ourselves and our community to have sufficient self interest to promote and protect the best interest of DNotes. DNotes Global is an addition to that efforts to carry out the proposed projects on our road-map.

 
Oh yes, I understand the currency part. But I think to attract Reg. A+ investment the DNotes Global inc should have a business plan for the company investors. I just don't see this part for now. Thanks!

We have a business plan/white paper on the standby that is 90% completed. TeeGee has put in a lot of time working on that. I have also contributed and reviewed his work. Depending on the situation and disclosure requirements it can be completed as business plan, white paper, prospectus, or private placement memorandum, relatively quick.

I am not in favor issuing business plan for general consumption, especially in our industry. It is often a wish list to fool investors; constantly subject to change. At this point, our Road Map is sufficient. Moreover, there is a massive amount of published materials about what we are working on and we are always here to answer any questions.

Additionally, in the case of A+ Mini IPO issuing misleading statements or claims could negatively impact our chances of getting approval. We have always been very conservative but will be even more guarded as we take a serious look at A+ Mini IPO.
member
Activity: 171
Merit: 10
Farewell, Poloniex!

We wish you the best and appreciate that you listed DNotes on your exchange when others skipped us because DNotes was just a new-born. I just wish that we know why you dumped us when we needed you the most – like a baby just learning to walk.

I have learned a long time ago, that if one must under-estimate the future of someone, it is far wiser to pick the old guy on his last leg and not someone young. DNotes is still in its infancy - for whatever reasons you may have, we may prove you wrong.

DNotes will cease trading on Poloniex exchange at any minute or any hour today, November 21, 2017. It is with deep regret that I am posting this reminder for DNotes’ stakeholders. 


I used to really enjoy trading on Poloniex, but not after a couple instances of waiting 2 months for Bitcoin/DNotes withdrawals, as well as an embarrassing incident where someone I was helping buy Bitcoin had to wait a month before their deposit showed up at Poloniex, and countless other instances that made me say %#$!

So long Poloniex, best of luck moving forward.
legendary
Activity: 1932
Merit: 1111
DNotes
After a super big lose of 94% i moved my coins from poloniex to cryptopia. My question is If someone leave DNotes on exchange will they be swapped automatically or what?


That depends on each individual exchange and what their policies are. You can always open a free account at the DNotesVault and move your coins there. Or download the DNotes wallet. Those will be swapped automatically.

I would recommend against leaving coins on any exchange long term if you aren't actively trading them.

Thanks TwoCorn, that is excellent advice!
legendary
Activity: 1932
Merit: 1111
DNotes
After a super big lose of 94% i moved my coins from poloniex to cryptopia. My question is If someone leave DNotes on exchange will they be swapped automatically or what?

Hi ZurbCash, welcome to the DNotes forum. We do intend to reach out to the exchanges to participate in the swap, but ultimately it will be up to each exchange. The DNotesVault will be automatically swapped upon release of DNotes 2.0.
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