Topic: DNotes 2.0 - Staking, CRISP Interest, DNotes Pay - page 308. (Read 148866 times)

Firstly, congratulations to Alan on the speaking engagement at the world funding summit I'm sure there will be many worthwhile connections made, and exposure for DNotes.

The Poloniex issues are very disappointing. It seems there has been a unrelenting number of issues on a wide variety of exchanges, particularly in the wake of the Bitcoin Cash fork. It seems however that Poloniex has had a larger number than their fair share being one of the larger alt-coin exchanges, with withdrawal issues going back months. They did some type of 'update' on the blockchains recently of various coins and it took deposit and withdrawal capabilities down for several days, and I remember in this forum others brought the pausing of withdrawals to the attention of this community. Has anybody had any success with deposits or withdrawals since they took that down for maintenance? In the case that they did not, it would imply their updates did not work (but it appears it did for others?).

Any possibilities of including other more "competent" exchanges like Bittrex and Bitfinex for the purpose of enhancing deposit and withdrawal capabilities for DNotes and increasing exposure ?

Firstly, congratulations to Alan on the speaking engagement at the world funding summit I'm sure there will be many worthwhile connections made, and exposure for DNotes.

The Poloniex issues are very disappointing. It seems there has been a unrelenting number of issues on a wide variety of exchanges, particularly in the wake of the Bitcoin Cash fork. It seems however that Poloniex has had a larger number than their fair share being one of the larger alt-coin exchanges, with withdrawal issues going back months. They did some type of 'update' on the blockchains recently of various coins and it took deposit and withdrawal capabilities down for several days, and I remember in this forum others brought the pausing of withdrawals to the attention of this community. Has anybody had any success with deposits or withdrawals since they took that down for maintenance? In the case that they did not, it would imply their updates did not work (but it appears it did for others?).

If Poloniex had some sort of automated 'support ticket wait time', based on the coin and the issue, that was available before you submitted your ticket, people may not react so negatively and it may free up valuable time for their support staff. For example:

DNotes - blockchain / withdrawal issues - estimated response time to fix issue _____. Estimated support ticket response time _____ (based on the number of tickets ahead of yours on all issues). Please do not file a support ticket for this issue.

It's pretty frustrating, and a good lesson in the importance of planning for scaling up...

Thank you for bringing this to our attention.

I have written to Poloniex and hope to get a prompt response, which I will post here on this Forum ASAP. To ensure that there is an issue, I have made two withdrawals, (a small one and a larger one) over the last twelve hours. Although, successfully confirmed, both transactions are still pending. There could be a number of reasons as a result of their rapid growth and constant demand for upgrades. At this point I am not too concerned. Let's wait and see what they have to say.

Thanks Onyf, are you just getting started with running a pool?

Hey guys, just an FYI, I tried to withdraw my notes fro, Poloniex and I never got them out. I contacted them for 4 days and no one ever got back with me, so I sold them and withdrew my BTC. So I see today that notes is down on Poloniex, and of course all other exchanges follow. May need to address this with Poloniex, and possibly get off of that horrible exchange. The support there is horrible and, I don't know about today,but all last week I could not withdraw my Notes and nobody would respond to me with my concern. Even still today, I have not received any correspondence from them whatsoever. Consider contacting them about their Notes withdrawal problem, or get off of that exchange. People will be giving away their Notes because they cannot withdraw them. No reason for Notes to be at this low price on that big exchange. DO this before Dnotes 2.0 is released. Trust em....I see a HUGE red flag with that exchange.

If anyone has Notes on Poloniex try to do a withdrawal and see if they are doing everything properly now. If there is a problem alert Dnotes here to contact Poloniex to discuss this matter.

Thank you.

Oh just one more thing - I am confirmed as one of the speakers at the World Funding Summit this November in LA. It's a big deal to be among many "A List" speakers". Exciting time ahead for DNotes.
 

That's interesting Alan because I hovered over that quote for a while too. I hadn't heard about Wences or his quote when I wrote:

"By that I mean you don't need to buy a whole coin even, to do well out of a runaway success. So I've been thinking about how hard it would be to create a small portfolio for $100 by buying just $10 worth of the ten most likely to succeed cryptocurrencies. If nine went nowhere, and one only gained ten times it's value, you're safe. But if just one of them takes off and gains 100–1000 times it's value, you'll have done better than any other investment opportunity I can think of."

But I never had any insight into how long that portfolio should be left to sit. Wences' recommendation seems rather short to me, at 5 years. I've only rolled out major tech upgrades within a government environment, so my sense of how long things take is certainly skewed. But I think five years is about the minimum for getting a ground breaking technology, that contributes real value, off the ground. But maybe the activity in this space is so volatile, that 5 years could have become an overestimate.

My previous thoughts about a $100 investment portfolio also relate to what you've mentioned regarding the SEC compliant ICO. I've never supported the idea that we need the government to absorb the role of 'parent' after we've grown up, protecting us from our own bad decisions. In fact I believe it is the role of democracy to do the opposite. Once we grow up we should protect the government from making bad decisions. So I don't like the idea of legislation determining who can invest in securities or ICOs and who is banned from the opportunity.

I also agree with you that this space requires a different body of knowledge, and that the rich are not necessarily the most informed. What I do believe about the rich, is that they have the most capacity to lose without getting into a situation where they depend on society to support them. But whether you're rich or not, I certainly agree with the advice that in cryptocurrency, only invest what you can afford to lose.

And as for the Filecoin ICO, by Protocol Lab, I would run away because it fails one of your basic tests. Is it bringing something new, and necessary to the market which is hard to duplicate? No. Storj started three years ago, has a working product and is preparing to migrate from bitcoin the etherium this year. Kim Dotcom is re-inventing MegaUpload to do the same thing with bit cache. And when the function benefits from mass adoption and people don't want to run multiple storage apps, there can only be a limited number of successful players in the market. For an approximation of this, I'd compare the market share of the top four centralised could storage providers.
 
Usage Of Cloud Storage 2017

Platform	Market Share
Dropbox	77%
Google Drive	17.2%
OneDrive	5.1%
Box	0.8%

Source: https://blog.cloudrail.com/cloud-storage-report-2017/