Good point here. I have invested a lot in DNotes at 0.25$/NOTE. I can't even sleep with the thought that it's already at 0.15$ level. Also, if I understand this correct, in a 5 year retirement program, will I get a bonus besides the monthly interest? And if I need the money let's stay 8 months from now, will I get any interest?
An enlightened and stimulating conversation continues building in this thread. Two short posts jumped at out me the last few pages. Alfaalfa, take heart! I know exactly how you feel, because in my past, I used to get overly emotional about my investments. This is why I never made it in the hedge fund world in Chicago. As a deep believer in crypto, though, I've had to really try very hard to get over this mentality of fretting too much. ESPECIALLY because this is crypto. All coins, from bitcoin on down, are wildly volatile. So it takes a little bit of extra mental oomph to steel one's self against market movements. Buy the coins you really believe in, like DNotes. And then forget about them. Act as if those assets aren't there. So when volatile swings down happen, you less apt to care. Same when volatile swings upwards happen, you won't get caught up in euphoria. Also recognize that humans are built a certain way, psychologically. We are care far, far more about losses, than equivalent gains. So you have to be extra vigilant about your mindset when the market is moving against you. DNotes isn't designed for the pump and dump crowd, it doesn't ride the waves created by short term trends. It is a long play, and I'd urge you to treat it as such. It goes up a lot? No big deal. It goes down some? No big deal. Because over time, the long-term trajectory is potentially very great. And that is why we all hold. Don't worry about the short-term movements. The new CRISP payout and staking reward in the DNotes 2.0 upgrade is meant to replace these. With a target of 4% combined and compounded interest, direct and permenant distribution from the blockchain. Interested to hear everyones thoughts on that.
Noticed nobody replied to this one, and certainly would be glad to share my thoughts because this is an important point to sound out. To me, the monthly % returns were always rather ambitious. It's just so hard to consistently have liquidity to support such herculean compounding. I was never sure my 10 year CRISP would continue to pay out so heftily. And honestly, that doesn't really matter to me. Because the awesome short term returns on offer served as a forcing function for me. Once the money is deposited, it either matures on the given timeline of the CRISP, or there is a liquidity event, like DNotes 2.0. Either way, I'd earn some solid interest on my core holdings, and would be forced to hold it for the intermediate to long term. Regardless of whether the interest hits all the stated targets from years ago, I am very happy. Because I essentially backed myself into a corner, in a good way. I've never been tempted to sell, because I can't. And given the interest, don't want to, either. And I think that has been good for everyone, since it has created an incentive for all DNotes hodlers to do just that: hodl. And I'd imagine such an incentive has helped the coin stabilize these past few years, for everyone. |
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Hello everybody, Been playing around with some video content again. Today Joe and I filmed a quick clip about economic freedom and cryptocurrency, explaining some of the advantages of it in regards to freedom, and its effect on the developing world. https://www.youtube.com/watch?v=Zip5xpUlp3c&feature=youtu.beNice video! Addy walked in to say goodnight whilst I was watching this, and she goes "Hey I know him! We had noodles together the other day." |
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I enjoyed reading your story MiningHabit - I was supporting Argentina in said world cup, and had 0.2 BTC on both Argentina and Germany to be winners (only bets I placed) from the start of the tournament. It was fun watching those two teams play one another in the final.
My crypto-introduction was perhaps ~2011 or 2012 after watching a video about someone that I got the impression had started up their own currency (Bitcoin), looking back, it was probably somebody running a Bitcoin outfit. Regardless, I dismissed it as monopoly money, or as some type of contra/barter exchange system between businesses for which I would have no care for. My mistake.
Come the beginning of 2014, I purchased a high end computer that I could play games on if I so desired. I equipped it with an R9 280x. A few days after purchasing, I saw a friend posting about mining "dogecoin", and the hash that he was pulling using his GPU. It interested me to know what mine could do, because I have a strange desire to know things about things I don't even care about. So I went and downloaded CGMiner, aimed it at a pool, and began mining dogecoin. I quickly decided doge was a joke, and aimed my miner at Litecoin for a few weeks. I got particularly excited when I realized I was mining 5 or so dollars worth of Litecoin daily on my machine, running it 24 hours, that I could actually trade for 'modern money'. It had a value.
Over time, my earning potential in Litecoin became nearly nil, but I was hooked. After more thinking, I realized that cryptocurrency was the answer to all the things I cared about - sound monetary systems, reduced exposure to bureaucratic over-reach, mitigated economic hardship, peer-to-peer asset exchange, and a voluntary society based on free-markets and serving one another as opposed to the top-down dictate that we currently experience. Crypto resonated with me on a personal level, I just wanted to get involved any way I could. I had spent hundreds of hours researching cryptocurrencies while on uni break, and I started watching the announcement threads. At this time there was some 30-100 new coins being released every month, and I knew most of them were complete junk. I eventually narrowed down what I viewed to be the two best "upcoming" coins that had potential to be in: Syscoin, and DNotes. Both of these coins are now entrenched in the cryptocurrency world as success stories, with much more to come.
When comparing the two head on, I noticed that DNotes had a tightly focused conversation on the forum surrounding strategy, and a business minded vision that personally resonated with me. The tone of the conversation wasn't "let's go to the moon", but instead more conservative in its approach of building a more sustainable framework that would work long-term. I trusted what I was reading, and much of the content that I was reading was by the developers themselves, and not hyped-up narrative from bagholders like I had seen elsewhere. I checked out the domains, googled who they belonged to, noticed that there was big-business experience with government contracts (up to 400m in 1991/2), and knowledge of nascent technologies (the tablet computer) on the team. That was enough for me.
I then started mining predominantly DNotes (or nearly only), until it became completely unprofitable to do so, and my GPU card's fans were making a racket from being run at near 100% for so long (about 4 months). My computer had paid itself off in crypto by the time I'd finished mining. My family generally thought I was a bit off my rocker, and I would often come back to their house after a 2 or 3 day absence to find my computer had been turned off (I was not paying the power bill)... at the time it was only a few dollars lost, but today it's now thousands.
I was the token "forum lurker" that read what was said, without ever contributing, until one day the conversation switched to general economy and its comparison to crypto-economy. That was enough for me to sign up to an account and make a post on a forum for the first time in my life, being relatively knowledgeable on general economy and sci-fi economy (what they teach you at university). The response was friendly, and in fact, I entered into an email dialogue with Alan (a co-founder). He made the effort to get to know the forum participants on a personal level, and I think my first email to him was probably 2000 words long, and it took me a couple of hours to write. Whenever he did not hear from me for a month or more, he would get in touch to ask how I was doing when student life took its toll. I can't think of many crypto-developers that get to know their community?
Soon after, I found myself doing research and other various tid bits to help out however I could, and I officially joined the project not long later at the end of 2014. Today I have foregone an unwanted career in doing whatever my study of economics, biotechnology, and information systems (business strategy and datasystem software development life cycle) would have led me to, and am instead in the USA working with the team personally, doing exactly what I wanted to do, and creating the kind of world I want to live in, while making money as I do it.
It's amazing what change can happen in just 3 and a half years in your life! It's something that everybody here has made possible.
"The essential principle of business, of occupation in the world is this: figure out a way to get paid for playing." -Alan Watts
Such a great origin story; thanks for sharing. Would love to hear a few moar. Chase? R-J-F? Brandon? DNotesEDU? SmokeysGardens? Others? |
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I think we collectively missed the boat here. Rather than develop a long-term vision, and thoroughly execute on it over a number of years..... We should have just all thrown in a little capital to get Dennis Rodman to promote us. Silly us....    |
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 We use reason as a fundamental tool, and far, far better than any other species, to be sure. But as Einstein said “The intuitive mind is a sacred gift and the rational mind is a faithful servant. We have created a society that honors the servant and has forgotten the gift.”
And so, given all of modernity weighing itself upon you: to truly, intuitively take on board a given point of view back before it had much rational merit in terms of popularity.....you deserve an absurd amount of credit.
I have to agree with you MinigHabit, and you put it really well. As a fiction writer, I've been spending a lot of time thinking about the performance of the logical mind compared to the intuitive mind. And because I get to experiment with both risk-free in my creations, I get to test out a lot of theories. For many tasks, and especially those with lots of complex inputs, the intuitive mind is far more successful. So you'd think we would trust it more. Here is why we don't: Our logical mind is like following a path in the daytime. We can look back at our thought processes because they were conscious. We can even map out our path by writing down our assumptions that led us to where we are. And using many tools, we can gain confidence in our prediction of the path ahead. Reason, being a largely conscious process, is subject to conscious scrutiny and gains our conscious trust. But our unconscious mind is where intuition comes from. It's like a black, inscrutable pool that, like some mystic well, delivers forth images of our future, much more more accurately than our reasoning mind ever could. But we can never see how it does it. This strange gift within us is beyond our logical analysis, and despite its superior performance historically, we find it hard to trust. Simply by recognising these aspects of weighing reasoned motivation against intuitive motivation helps us trust intuition more. Knowing that our uncertainty comes from inscrutability, rather than poor performance, is of great value. To reinforce that, it is sometimes helpful to remember how often our heart has been right about what someone is like, and how often our reasoning has let us down when judging the nature of someone. But intuition is different from hope, and very different from desire. There are no clear instructions for telling these things apart. And fear can look a lot like intuition saying no, when this is not the case. Learning to discern intuition from our other emotions, learning to trust intuition, and explore the sources of other emotions is just as important to success as education and training the logical mind. And fortunately it is just as rewarding as well. This is super deep. I think more than ever, we are finding that Descartes' Ghost in the Machine paradigm just isn't satisfactory. We aren't sophisticated calculating machines. The human brain is most wonderfully complex thing in the known universe. The astounding levels of calculation it achieves, and at such miniscule power levels to the greatest of supercomputers.... There is more to us than that. Our minds are magnificently opague. How we encode sense data into our neural nets, how we bottle the results up into emotion, human feeling, love, loss, intuition, fear, loathing, the creative impulse, the desire to grow, to achieve, to risk, to want. The complexity of the human spirit and all of our social relationships and inventions therein, like language itself.....It's all at the core, intuitions which become wisdom which get past down to form an almost a priori baseline of understanding for the future generations to press on from.... So I went to this AI vs IQ event in Chicago a few months back with some tremendous panelists like leaders of the IBM Watson initiative and folks of those ilk. And the general feeling that I got was that we are asking the wrong questions about AI. It's not that they are going to replace us. Because they are not us. They blow us out of the water in terms of processing huge amounts of structured data very quickly, or pure rationality. There are definitely places where humans are very weak, like in making statistical inferences or understanding what makes us happy. So the key is to use AI to augment where we are weak. AI has evolved tremendously in the last 50 years. But it has barely moved the needle in terms of consciousness. And it all starts with what makes us different, truly unique. And that is intuition, consciousness itself. Like Carl Sagan said, we are made of star stuff and are a way for the universe to known itself. It's one thing think of one's self as a collection of atomic stuffs. It's totally another to go from that to knowing, to consciousness. |
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Well deserved drinks. I have been following cryptocurrency particularly d notes for some time and congratulate you on the business model and growth of the currency into the top 100. What I like is the sound business logic and a plan for d notes to be at the frontier of this new digital (4th industrial) revolution. My sense is the current interest in crypto and those with the best technology will significantly grow. Let's face it a major world financial meltdown occurrs roughly every 10 years and the world is awash with too much money that has been issued by governments at negative interest to prop up the current fiscal system, and it will take more than a decade for Europe to recover. What the world needs is stable means of efficient exchange not eroded by excessive debt and central government mismanagement. In my opinion, and others commentators, this crypto currency boom is but the beginning of the wave. Currently the total of crypto currencies at over $100bilion is but the beginning given real economic measurement is in trillions and where these currencies will eventually head. Hence future projections for bitcoin at 15kusd. Crypto currency is one of many technologies anchored into block chain and a key part of the new exponential advances of technology. I have taken an active interest in d notes for a few years and see a key difference of the d notes team as wanting to contribute and build into the new technology eco system. I am taking a long term view and the currency enables my interest in the D notes business structure. I wish I could buy the shares directly ! So for me and other investors(not speculators) let's keep in this long term.
Best first post on any internet forum ever? If not, gotta be close. |
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I know the feeling. My parents threw out my comic collection when I moved out and went off to college. A pile of Golden and Silver Age books - including some that I've since watched sell at auction for hundreds of thousands of dollars.
Who knew...?
Whatttttttt? I know next to nothing of the comic world. I did baseball cards back in the day, so I know there are certain iconic cards, and I'd imagine the same for comics. But there are collectible ones which are that valuable in today's terms? Whoa |
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It's not Thursday, but how about a throwback Sunday? It occurred to me that with so many folks like HOLT, mrbum805, myself, and others returning back to the fold via this new thread....that each of us have interesting origin stories about their first forays with DNotes, specifically, and Crypto, generally. Would love to hear from the stalwarts like Chase as well!
I got into crypto, as my username suggests, via Mining. ASICs were prevalent on BTC already, and so I GPU mined Scrypt coins, starting with Altcoin. But I was searching for a coin that was just starting up, and found the NOTE Announcement thread. It was obvious that this this was where I would point my miner the day it started. Regardless of relative profitabilities and all that, my miner stayed trained on NOTE, until I broke down the rig a year later or so.
But the real story is the 2014 World Cup. I discovered a platform called Anonibet, and realized I could bet on the World Cup there, and it was costless (in the sense that it was all free money from mining NOTE). So I turned some NOTE into BTC and had a ton of fun taking various punts. Tim Howard's legendary goalkeeping performance for the USA vs Belgium, which saw them lose, but earn a draw over the first 90 minutes, had me flying high. But I'll never forgive Messi for scoring no goals in the WC Semi or the WC Final. If the "best player ever" in either of the biggest games of his career, I would have been swimming in bitcoin!
As it stood, I think I made something like 1.5 bitcoin during the WC. But the wholllllle point is the outstanding memory of the experience, was that when I went to turn those bitcoins back into dnotes -because dnotes tripled in value (to something like 3 or 400 satoshis) during that month - I ended up buying back way less NOTE than I started with. That was my first introduction to the relative volatilities of different coins as they relate to each other. I paid a bitcoin profit, but still ended up lose in terms of net value. Fascinating!
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https://qz.com/994466/the-new-cryptocurrency-gold-rush-digital-tokens-that-raise-millions-in-minutes/This was a nice article, very Silicon Valley Venture Capital point of view-ish, but a simple succinct piece, nonetheless. Here's the bit I'm interested in crowdsourcing some wisdom on... "While the potential of token launches remains vague, though powerful, almost everyone I spoke to at the New York conferences agreed on one thing: The US government would crack down on the offerings eventually."I mean, I think it's obvious on its face that ICOs will undergo deep scrutiny from the US regulatory apparatus, and that's not necessarily a bad thing. If we are going to "Cross the Chasm" into the mainstream...mainstream folks will need some protection from scamcoins and other such nefarious things. But there is a broader question here....what happens when the world of centralization really gets at loggerheads with the decentralized world made possible by blockchain based innovations? We aren't just talking government, we are talking the entire neoliberal world order. Google, Facebook, and the entire Silicon Valley of idea of looking to monopolize markets will bring its power. Forget the SEC, when Goldman Sachs and Google start losing power, how does this play out? Definitely welcoming thoughts here; haven't thought out this conflict hardly at all.
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Great turn out at the Blockchain conference, and got to meet a lot of great people. Below is Matthew Roszak, the event organizer and key speaker. Neat! We seem to know many of the same startup people in Illinois. I noticed that he's helped start Tally Capital and had to comment on the About Us story explaining the name ( https://www.linkedin.com/company-beta/7956119/). Having spent some formative years abroad in the UK, I can't believe I never knew about the Tally system! Ya learn something new everyday, indeed. |
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Hey team,
New to the forum, but have been aware of Dnotes since the start of 2015. At the time i was studying in Wellington and happened to randomly meet Tim one day. I overheard him talking about the future of money, blockchain, crypto coins etc. and was also paying close attention to the price of BTC, as i was sitting on 30 BTC i bought for $400 NZD a year or so before. 99% of people wouldn't have had a clue about what we were talking about, about 50% of them still wouldn't. I started talking to Tim about DNotes, and got to hear all about the CRISP programme, the vision DNotes had, and work they were doing around this. 2 1/2 years later, i'm still investing, and it is really great to see how far your company has come. A large group of my friends are all into trading on Poloniex, and DNotes and it's clear Dnotes are definitely worth holding on to. I'm looking forward to hearing what DNOTES 2.0 has in store for us, until then, cheers for the hard work - those beers are well deserved!
You sir, are a smart, smart man. Allow me a little leeway and meandering a bit to explain exactly why. Sadly, many (almost all) friends and acquaintances of mine have not heeded my pleas for them to "get some skin in the game." But I can understand why. Our national impulses are towards stasis. We literally hate losses WAY more than equivalent gains. Losing hurts way more than similar winning. I was a shitty hedge fund trader because I get too emotional about my investments. Most people do, which is why probabilistically structured zero-sum games like day-trading and poker are profitable in the long-term for only 5% of people. I was tutored by a luminary in the poker game back in the day on how to apply the Nash Equilibrium to single table tournament poker (and with a little finesse, multi-table tourneys). That's great. But lots of people (relatively speaking) can understand that stuff. That didn't make a player special, or especially profitable. Here's why, by way of example: I was the chipleader going into the final table of a 22,000 person tournament with life-changing top three money, and had just outplayed and eliminated the #1 ranked online player in the world a few moments back to amass a lot of chips. I was locked in and playing some of the best cards of my life. And then I outplayed players in 2 different hands right after the final table started, to get them to commit all their chips to the middle when 80-90% underdogs. I got horribly horribly unlucky in both spots and crashed out in 9th for ok money. That's poker. There is a certain class of people who are rare, who can literally play their next hand with completely optimal rationality. Me? I went on tilt and played like a tool at large stake cash games and lost the lion's share of my profit. The point? I am not slating my friends for not being fast followers of my altcoin strategies. But I wish more would. Because they would, right now, be able to pay off their mortgages with altcoin gains if they listened to me. But they didn't. And most won't until all of this is mainstream. So coming back around to my first statement: good on you for taking the leap. And I deeply, existentially mean that.I'm big into philosophy. I actually named by firstborn son, Soren, after my hero Kierkegaard. He once wrote in the Concluding Unscientific Postscript: “What if, rather than speaking or dreaming of an absolute beginning, we speak of a leap?” At some point in the human experience, all the reason in the world doesn't matter. Because we aren't reasonable beings. In fact the entire field of economics is based off of creating this idealized version of man, the "homo economicus" who makes totally rational decisions all of the time. (side note: this harvard white paper is one of the best things I've ever read about the upcoming AI revolution. AI literally perfects extant economic theory: https://dash.harvard.edu/bitstream/handle/1/25622971/_aiEcon.pdfWe use reason as a fundamental tool, and far, far better than any other species, to be sure. But as Einstein said “The intuitive mind is a sacred gift and the rational mind is a faithful servant. We have created a society that honors the servant and has forgotten the gift.”And so, given all of modernity weighing itself upon you: to truly, intuitively take on board a given point of view back before it had much rational merit in terms of popularity.....you deserve an absurd amount of credit. |
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Tokes has the chance to do a 1000x profit IF they actually deliver. If you have some spare change it wouldn't hurt to throw something at them on the off-chance they're successful IMO.
DNotes is another project that's undervalued and has a chance for a high profit (I'd guess it's possible for them to hit 90x if they deliver).
Plutus is another undervalued project. If their PlutusDEX takes off you could easily achieve a 75x return IMO. Upcoming projects (like Bancor) will make it much easier to liquidate the token as well (since Plutus currently lacks presence on the big exchanges).
As far as projects that are nearly guaranteed to turn a profit (however small), there are plenty. Iconomi come to mind (Waves as well, although I'm not sure I like their NXT roots). Bancor and Status have a bright future I think, hopefully they don't become too overvalued from their ICOs or profit will be limited. I have my eye on CoinDash as well (since they have a feature similar to Iconomi, where you can copy someone else's investments).
I am absolutely thrilled with NOTE, and it's great that not many people talk about it on this forum. The fact that it is gaining massive value with very very very little pump, is proof of the vision of the coin. I was attracted to the vision from Day 1, and mined it from its first block. Since then, I have not touched my stake. The founder with the original vision was a highly innovative tech CEO in his past. I remember meeting him years ago and loved his stories about his intimate interactions with Steve Ballmer and Bill Gates. And trust me, I know whereof I speak. I work at a technology startup which has AR/VR technology which one day will be EVERYWHERE. Intel and AMD are our largest investors, and my CEO sold his last company to Nvidia. In fact, I just met Jen-Hsun a few weeks ago, to give him a personal demo of our AR tech. Let that lend some weight to what I am saying. DNotes has an incredibly patient, long-term vision. I heard it years ago, and they are still saying the SAME THINGS, three years later. Their vision has not wavered, and they have silently built a platform and a plan which is completely unique in the world of altcoins. There is a reason for that. Alan Yong is a genius. And I'm only now, 3.5+ years after the coin's release, truly beginning to understand the depth to which that last statement is true. |
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Hello all! Apologies for the forum absence. Alan (DYNA), Joe (DNotes) and myself met up with MiningHabit for some food and a drink.  After a few Asahi beers (thanks Tim and Joe for pushing the envelope here!), pitch perfect weather, witnessing some sweet street performances, and those beers.....I was perfectly amenable to spending a small fortune shopping with my daughter (the photog for this pic) on Michigan Avenue that evening. Not on clothes or nonsense like that, but rather a bunch of Frank Lloyd Wright pieces from the CA Foundation store. My fav is the "Tree of Life" woodcut Addy convinced me to get. I have been following this project and looks really amazing. I made an investment into Dnotes immediately after I did my full research. But I am very surprised - how is this so undervalued in the market when there are other coins with not this much functionality that are higher up the marketcap ladder? Very strange.
“There is nothing more powerful in all the world than an idea whose time has come.”--Victor Hugo Combined with
"I think almost every great investment has a contrarian check. A lot of people will think that’s a bad investment. But you have a good reason for thinking it’s a good investment and it will get to scale. Those are typically the unusually great investments."-Reid Hoffman |
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Are nVidia and AMD cards both ok? I recall nVidia being a complete non-sequitur back in the day, and seems like they are still inferior to AMD stuff today.
The r9 390s are what, like 2 years old? So basically you are saying get used RX 480s instead of new older ones?
Didn't really even think of that. I suppose I feel like used ones get beaten up so hard that their failure rate is elevated. Or is that not really too much of a consideration?
Edit: I think the other reason I'm into buying new is that I can just get a set of all the same model card. Or are different models relatively easy to make play well together?
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Hi everyone, been a crypto person for a long time. I built a mining rig back in 2014 and pointed at scrypt coins, and that turned out very well overall. Not sure why it's taken me so long to get back in the game, esp since I believe very strongly on crypto overall (I've been a hodler of all my coin that I mined back then.) I decided to built an ETH Miner, and I'm excited. Been doing a lot of research and got most all of the ancillary components ordered. Intel Celeron G1840 COU 4GB of Kingston HyperX Fury RAM ASRock H81 Pro BTC Mobo ethOS on ssd from gpu shack 6x powered risers from gpu shack wattage meter open air aluminum case add2psu connector Now I just need to make the call on what set of 6 GPUs to get, and what size platinum PSU to chain together (2x850w or 2x1000w) Based on availability and price, I think I'm leaning towards the r9 390s on Amazon. What is the difference between r9 390p and r9-390x? Is it work paying $100 difference per card? https://www.amazon.com/XFX-Dissipation-1060MHZ-Graphics-R9-390X-8256/dp/B01C87CZB4https://www.amazon.com/XFX-Dissipation-1015MHZ-Graphics-R9-390P-8256/dp/B01B3M3LPOAnd these things are power hogs. I pay 10.3 center per kWh. Should I be looking at a different set of card? If I do go with the r9 390s from one of the links above, is 2x850w PSUs enough? And last question, do I need to get a hardware wallet like the Ledger Nano S? |
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This means anybody can take part in DNotes Global's success, without needing to come up with minimum capital requirements that are common in the VC world.
Gosh, I love this. One of the things that I really despise about the regulatory environment around VC is that the government wildly favors the rich. In order to invest in a company like Snapchat back in the day before it was public, you have to be an accredited investor. And the SEC has 8 different definitions of how one might qualify to be one. 7 of the 8 are related to being an institutionally accredited investor (you run a hedge fund with a certain amount of assets under management, for example). The one related to people is absurd. You have to make $250,000 a year the last few years, and a reasonable expectation of the same income in the current year AND you need at least a million dollars in net worth (not including illiquid assets like your house). Doesn't matter what I think I might know about investing, about money, about risk, about statistics....I am NOT to be trusted like the rich trust fund kid. I'm not wealthy, therefore I'm too dumb to understand investments with higher volatility and risk of ruin. I found a loophole (if you are an executive at the company in which you are investing, you can be accredited for that single investment). But still, I'm not allowed to put money into Snapchat. There have been relaxed rules around this and crowdfunding, but they still make it impossible to investment at meaningful levels. And this is a reason why I am, and have been for years, an acolyte in the dark proselytizing about the benefits of crypto. I'm tired of rich gatekeepers telling me what I am and can't do. I'm tired of the government using banking as a bludgeoning tool of foreign policy. There are 2 billion unbanked people in the world. Now they can benefit without needing all the expensive infrastructure of the western economic system. Decentralization of money is just about the biggest idea going right now (second, imo to augmented reality as controlled by networks of AI). And the idea I quoted above is just one of the myriad reasons that it's so powerful with so much potential for growth. |
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Hi alfaalfa, it is great to have you here and interested in DNotes! Great questions - I will try to give you a quick answer until someone else can fill in the blanks. This is the verifiable public information available: DNotes Global, Inc. was incorporated in the State of Delaware on April 1, 2016, #6005128. It is a 01025 Stock Corporation ("C" Corporation). It is currently being built and great care is being taken to ensure it is done right, so there is a lot of legal work going on (the Law firm of Huck Bouma has been retained). The 75% ownership will be held by the large investors who put up the big $$$$ to help fund this massive project. Depending on how it is structured, we may never know the identities of who has invested in it, if that information is not required to be made public (think of the 'silent partner' or ICO). The 25% ownership held by DNotes currency will be subject to dilution. Future plans may require the company to go public with a stock offering in order to fund global growth. These investors will be expecting their money to increase the value of DNotes Global, not the currency (at least not directly). If the value of the company increases, the value of the currency also increases, and even though the % ownership may have decreased through dilution, the actual value of your stake shouldn't. It is a win/win situation and the first of its kind in cryptocurrency. I hope this helps.  This thing is about to become a VC-backed rocket ship. Fascinating. And awesome. |
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Our team has been very busy the last few days doing video recording. We plan to be posting a number of casual "chat-talk" videos to further explain the DNotes' vision and how we have been positioning DNotes to accomplish various critical missions. Please let us know if you like to assist us with suggestions, comments, or any other manner that could contribute to the success of this video campaign project. Thank you.
DNotes is more than just another altcoin. We are building a complete ecosystem fully integrated with the most essential infrastructures in support of DNotes - the digital currency. They are integral parts of our strategic plans to build a trusted digital currency with stability and dependable store of value; subsequently becoming worthy of being a supplemental currency to global fiat currencies.
What is the technology stack that you are using? Think my tech might be helpful here. I use it with Camtasia and a good quality mic/webcam to make videos all the time. And now that you don't need a 3D camera, we've got a pure software solution now. Happy to get the team hooked up with it, if it makes sense. |
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Amazing job everyone - congratulations! Are you new to DNotes or a returning veteran? Drop in and say hello, or ask a question if you have one. What a brilliant community that has built up around DNOTES these past few years. Returning veteran here. I've been away for a minute (my wife works weekend nights, I work 24/7 on a tech startup, and we have 3 kids and don't live by family for help), but thankfully things look rosy on that end. I feel like my tech startup life has run a very parallel course to DNotes: sweet technology backed by a great vision and lots of hard graft which is now reaching escape velocity. So hopefully soon I'll be far more free after our exit to devote more time to this crypto community. What a great compliment, I've been holding DNotes for 3 years now and I tend to agree with you. DNotes has been working very hard to develop essential infrastructure that will scale into a large corporation. Watching all the work that it took to bring the platform to it's current stage has been very impressive. This is a highly dedicated team and I've come to learn that DNotes also values their stakeholders almost as if they are family.
I echo every word of this post 100%. I had just built a rig at the end of 2013 all those years ago and rather than just point it to an extant coin like LTC, I wanted to find one from Day One. DNotes' value prop hit me like a ton of bricks. It just seemed so SENSIBLE. There were so many coins releasing on a daily basis. Absurd premine scams, IPO frauds etc etc. There was a real, no bullshit dynamism to the NOTE platform. DNotes was (and is) truly going to be a shared stake coin. And so it has proven to be, and then some. So I've literally been a NOTE holder since Day 1, and will continue to soldier on as a died in the wool DNotes evangelist. As Mark Zuckerberg said waaaay back in the day, "I'm here to build something for the long-term. Everything else is secondary." This is a team with a dream thats becoming reality. They have a unbelievable abount of patience, more than i have...hats why even when they were quite working in the background not only did i not sell any, i bought more. Exciting times! Once again, i cant wait to see what the future of dnotes looks like!
In late 2013, I read Satoshi's whitepaper, a work of staggering genius, and was entirely convinced of the blockchain's power. But I knew myself enough to understand that I am too emotional w/my investments. This is why I was a shitty hedge fund trader. If I just bought a bunch of BTC w/cash, I knew I'd care way too much about market movements. So I decided to build a supercomputer that could mine cryptocurrency. I viewed it then, and still now, as an educational expense. That's made all the difference. Otherwise, I definitely wouldn't have the patience of Job to stick this long, like the DNotes team has. Kudos all around!!! We have a strong conviction that by helping others to become successful it will ultimately result in great success for DNotes. Everything that we have done thus far, reflects our long-term commitment to build a trusted brand and one that is of great inspiration and value to those who believe in our missions with an invested interest.
In the meaningful life you use your highest strengths and talents to belong to and serve something you believe is larger than the self." -Martin E.P. Seligman It concerns me that people like Dorfman should be allowed to teach young malleable minds
"To know that you do not know, is best. To pretend to know when you do not know, is a disease."-Lao-Tzu Dr. Dorfman, like many other critics just look at the inherent weaknesses of emerging technologies and point out any imperfections. We, as innovators, are excited about the immense potential and commit our life savings and other precious resources to solve critical problems that constraint the progress of the technologies.
"I think almost every great investment has a contrarian check. A lot of people will think that’s a bad investment. But you have a good reason for thinking it’s a good investment and it will get to scale. Those are typically the unusually great investments."-Reid Hoffman “Very often when you are going for real innovation you have to go against prevailing wisdom, and it’s hard to go against prevailing wisdom when there are people who have been there for a long time and you have some vice president who says, ‘No, that doesn’t make sense.’ ”Dr. Robert Langer, MIT Langer Labs "If DNotes were to succeed as the digital currency of the future with lasting value it has to take a very different path to reach that mountain top. It must build a solid foundation, block by block, systematically, while executing its strategic plans at the most opportune time which may often conflict with that of speculators."Bitcointalk: March 8th, 2014 - Alan Yong, DNotes co-founder Right now, there are 1.5 trillion of USD in circulation and 8.5 trillion of gold mined WW over history. The crypto world now is not even 1% of that. The room to grow is absolutely enormous. I believe there is only one market of the 21st that is similar in size and scale, and that is the world of pervasive Augmented Reality governed by Networks of AIs. The obviousness of that world seems as apparent to me as a pervasive blockchain. This entire thread has a very similar feel to how DNOTES felt to me the day it released. Only now, the entire crypto world has developed some SERIOUS street cred, and NOTE itself has appreciated nearly 10,000% since inception (no that's not a typo). "Like an oversexed man at a harem. This is the time to start investing." -Warren Buffet Open source is great for this purpose, but there are also many people who instead of using the open-source nature to build and improve upon a network choose to only incorporate the work of others without ever actually building on top of it, or contributing anything new. There are many cryptocurrencies of this ilk, who you will find that while on the face of it may have kept up with 'industry standards', have only spend a few weeks incorporating the code of other open source developers into their own network.
I view blockchains in this fashion. As the top crypto-engineers make their upgrades more blockchain-specific to integrate within their own ecosystem, those crypto that rely upon copying and implementing modular updates will find their technical ability to copy insufficient, and/or the incompatibility issues from blockchain design engineering irreconcilable even if the technical coding ability is there.
"Standing on tiptoe at a parade. Once one person did it, everybody had to do it." -Warren Buffet Thing is, once everybody does it, then nobody can see. It's those few who peer through the crowd that get the real glimpse into what happens next. |
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My, how time flies when you're having fun! My apologies for being away so long. Three kids, and a management role in scaling an awesome technology to the masses, and learning Data Science...I have no time to breathe. But I really should be more involved in forums like this, at any rate.
I've been a supporter of DNotes from moment 1. I built a sexy little mining rig and pointed it towards Litecoin for a bit, until I could find the right new coin to mine from moment one. The vision of DNotes has fascinated me from the first moment. Shared stake, with the proper technical bits (kimoto gravity well, bonus mining, and all that) to ensure a solid proliferation of the coins into many hands, with no BS like IPOing and all that.
I had the wonderful opportunity to meet Alan for lunch in the beginning. It was quite clear that the vision wasn't smoke and mirrors. This was going to be a different kind of coin, at the forefront of a fundamentally new age. Since the days of the Lydians, society was underpinned by species-backed currency. Then the US came along last century and introduced fiat-backed currency. And now thanks to Bitcoin, we have a new era, math-based currency.
All of us know that this is going to change the game, and that not all coins will be left standing long-term. In fact, most seem to pretty much die on the vine. Not DNotes. ECEBrief, CryptoMoms.com, the CRISP family of vehicles, and all of that....indicate that DNotes is focused on adding value to the ecosystem for the long-term.
Just like the devs said they would years ago when DNotes started.
I do wonder though, what is behind the price action? Everytime I think about seeing how DNotes is doing, it slips a few spots on CoinMarketCap.com; what do you folks think?
And keep up the amazing Innovation! Maybe soon my firm will be acquired, and then I can actually broaden out my interests and be more active on the forums :-)
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