484: http://cryptomoms.com/forum/cryptomoms-com/5/crypto-kindergarten/537/480

Exactly what I was thinking on the second one.

I did some quick research and the outer bollinger bands are 2 "standard deviations" away from the middle bollinger band (which is simply the moving average). Standard deviation is calculated by following these steps:
1. Calculate the average (mean) price for the number of periods or observations.
2. Determine each period's deviation (close less average price).
3. Square each period's deviation.
4. Sum the squared deviations.
5. Divide this sum by the number of observations.
6. The standard deviation is then equal to the square root of that number.

For more information about calculating standard deviation, including examples, visit: http://stockcharts.com/school/doku.php?id=chart_school:technical_indicators:standard_deviation_volatility

Is it possible to program it to bid X% inside each bollinger band? My other suggestion is cues to buy and sell when the price moves X% up or down in a specific timeframe.

I'm not an experienced trader by any means, more of a "cowboy" who got lucky early on, so please disregard if this doesn't make sense.

I will contribute as well.

Just to make sure I'm understanding this correctly, would the bot help an individual trader make a profit while also helping to support the DNotes price? If so, how would that work?

Not to sound pessimistic, but I'm somewhat leary about bots simply because of the experiences I had trading against them. As soon as the bots trade signal patterns became evident, it was easy to exploit them for big profit. This became harder to do as buy/sell spreads narrowed on most currencies. However I am on board for trying it out, as I've never used a trading bot personally and would be interested in learning how they work. TeeGee's idea of a bot that would benefit all stakeholders sounds like a good plan.

Whichever trading strategy is implemented needs to be changed on a regular basis, so people don't catch on.

I honestly do not know how to use trading bots, but I would be interested in learning. I probably would have to start by selling some DNotes (so that I'd have Bitcoin). Is this trading back and forth, like selling higher and buying lower?

DNotes blockchain is available for download at CryptoChainer.com to get your wallet in sync quickly

I don't know for sure, but I doubt it, based on the way they work. For example, the NXT asset exchange allows people to issue an asset which then has a market value in NXT. Sometimes those assets represent other coins, but they aren't the actual coins. Let's say I hold 100,000 DNotes, and I decide I want to see them traded on the NXT exchange. I would issue 100,000 assets, each one representing one DNote. Then people are free to buy and sell them in NXT. When someone wants to trade their asset for actual DNotes, they would have to contact me and they transfer their assets to me, and I send them actual DNotes. Some coins do trade this way, but as you can see it's very clunky. What is missing (as of my current understanding) is a way to put actual coins on such a decentralized exchange. I believe the NEM platform is geared to allow for that, but it's still in development and I don't understand the technical details. Right now the exchanges that are functional are run on a centralized platform, which means that when you send coins to it, they're not actually *your* coins any longer, but technically belong to the exchange. Of course the honest ones hold them for your use, but the reality is that at any time they can take them away from you as long as you keep them there.

One possible intermediate solution would be if whenever a user is issued an address on an exchange, that address comes with its private key. This would enable the user to access his funds in the event that he can't access the exchange (website down or whatever). I don't know of any exchanges that do this, but online Bitcoin wallet provider BitGo and online Neucoin wallet provider MyNeuCoin both issue private keys with their wallets and strongly encourage users to keep them backed up in a secure place. It seems to me it would be feasible for an exchange to do this, but I could be missing some difficulty or expense concerning this.

The idealized reason for government regulation is to keep these financial companies honest, specifically because whether they are a bank or an exchange, we are entrusting them with our funds or assets and expect our funds and assets to be kept safe. Insurance (such as FDIC) is supposed to protect the users in the event of a theft, and the other regulations are supposed to ensure the financial entity is actually keeping those funds and assets safe on behalf of their customers.

But all the regulations and insurance in the world don't make up for lack of ethics on the part of the financial institution owners.

And although I think trustless systems are definitely worth exploring, I'm not sure they can make up for lack of ethics among the humans either.

This post on the Devcoin thread by a long time holder and supporter of Devcoin does a great job of illustrating the great need for a truly ethical exchange. At this point exchanges are by definition centralized, although I know that there is work being done to create truly decentralized ones. Some primitive models include the NXT asset exchange and other asset exchanges on coin platforms that run on similar principles as NXT. At this point the decentralized ones still have their problems, but one central entity losing or stealing all the funds isn't one of them.

https://bitcointalk.org/index.php?topic=233997.msg13702343#msg13702343

Welcome to DNotes, CeEichler and thanks for making your first stop here. There is certainly a lot to learn in the digital currency world. If you are a student, be sure to check out DNotesVault to get some free DNotes:http://dnotesvault.com/crisp-for-students.php

You may also want to visit DCEBrief to keep up with current events happening in our industry:  http://www.dcebrief.com/

I personally think the way DNotes is structured will make it superior to all cryptocurrencies in the long run. This may not happen for 20 years, but it's become very apparent that loyal DNotes supporters are in this for the long haul, not for instant gratification. New technology can be replicated, timing and quality leadership are traits that only come with years of experience.

Alan has been in business for 40 years! The majority of our industry wasn't even alive when Alan Yong's company developed one of the computer industry's first palmtop computers.

I have complete faith in DNotes and feel that this is a great time to buy (even though everyone says that about their currency). I also think this low price is a great way to shed weak hands, taking away control from those who don't truly believe in DNotes' core mission, and who may have a larger impact at higher prices.

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 :-)