Bitcoin Forum
July 08, 2024, 01:05:34 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 ... 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 [163] 164 165 166 167 168 169 170 171 172 173 174 175 176 177 178 179 180 181 182 183 184 185 186 187 188 189 190 191 192 193 194 195 196 197 198 199 200 201 202 203 204 205 206 207 208 209 210 211 212 213 214 »
3241  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][NOTE]DNotes - CRISP for Students launched! on: May 17, 2015, 04:01:20 AM
hey question, how do i get my wallet back on the blockchain? It says, "WARNING: Displayed transactions may not be correct! You may need to upgrade, or other nodes may need to upgrade." I'm running v.1.2.0.0, I tried re installing the wallet today. I noticed this message a few days ago and i don't know what to do about it.

Hi mrbum805, if you are on version 1.2.0.0, you should be on the correct wallet version. If you are starting a wallet for the first time, it will take some time to catch up and the message should disappear. Depending on your PC, internet speed, and so on. If you are still downloading blocks, just leave the wallet open until it is caught up. You can check the current block on your wallet in the bottom right of the program. But if it stops updating and you still have that message, you may be stuck, let me know.

Well I was all connected back in December. I even sent four transactions back then. I have a bag of coins in there, I hope it reconnects. The only thing is says is 4 active connections to dnotes network. i had like 13 earlier today but it had that warning

If the last time you connected was December it has some catching up to do. What is your current block number?

that's what's weird it its not even attempting to connect from what i can tell. its not giving me the block number bar or anything just a warning. i had updated it back in dec or nov whenever the update was. i just was loging on to check up on the wallet and i saw that warning

You can get the current block in the lower right hand corner, or go to Help > Debug Window > Console, then type getblockcount and press enter.
3242  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][NOTE]DNotes - CRISP for Students launched! on: May 17, 2015, 03:42:52 AM
hey question, how do i get my wallet back on the blockchain? It says, "WARNING: Displayed transactions may not be correct! You may need to upgrade, or other nodes may need to upgrade." I'm running v.1.2.0.0, I tried re installing the wallet today. I noticed this message a few days ago and i don't know what to do about it.

Hi mrbum805, if you are on version 1.2.0.0, you should be on the correct wallet version. If you are starting a wallet for the first time, it will take some time to catch up and the message should disappear. Depending on your PC, internet speed, and so on. If you are still downloading blocks, just leave the wallet open until it is caught up. You can check the current block on your wallet in the bottom right of the program. But if it stops updating and you still have that message, you may be stuck, let me know.

Well I was all connected back in December. I even sent four transactions back then. I have a bag of coins in there, I hope it reconnects. The only thing is says is 4 active connections to dnotes network. i had like 13 earlier today but it had that warning

If the last time you connected was December it has some catching up to do. What is your current block number?
3243  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][NOTE]DNotes - CRISP for Students launched! on: May 17, 2015, 03:01:46 AM
hey question, how do i get my wallet back on the blockchain? It says, "WARNING: Displayed transactions may not be correct! You may need to upgrade, or other nodes may need to upgrade." I'm running v.1.2.0.0, I tried re installing the wallet today. I noticed this message a few days ago and i don't know what to do about it.

Hi mrbum805, if you are on version 1.2.0.0, you should be on the correct wallet version. If you are starting a wallet for the first time, it will take some time to catch up and the message should disappear. Depending on your PC, internet speed, and so on. If you are still downloading blocks, just leave the wallet open until it is caught up. You can check the current block on your wallet in the bottom right of the program. But if it stops updating and you still have that message, you may be stuck, let me know.
3244  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][NOTE]DNotes - CRISP for Students launched! on: May 16, 2015, 11:24:44 PM

This is somewhat humorous in that legitimate use of bitcoin as a currency is in the same futuristic article as human organs reproduced by 3D printers, brain-net replacing internet, and artificial intelligence.


FUTURISTS’ VIEWS ON THE NEXT DECADE, BITCOIN COULD PLAY A MAJOR ROLE

Over the past decade, numerous of technological developments have been introduced to the world. We’ve evolved to using smartphones with apps that allow us to be connected to the entire world at any given time. Cars are driving themselves; robots are getting close to being ‘real’ humans. A lot of the key aspects in our world are still up for massive improvement. Bitcoin is one of these inventions that could be set to change the way our financial system works. Some of the world’s most renowned futurists share their view on what they think is in store for us in the next decade.

Feelings, 3D-Printing and virtual reality

Professor theoretical physics Michio Kaku was the first to shed his light on the future. He believes we can expect a gradual progression from Internet to the ‘brain-net’. He describes it as a mental network where thoughts, emotions, feelings and memories will be instantly sent over the entire world. Scientists will be able to connect our brain to a computer and decode thoughts and memories. “It may sound very artificial, but this could mean a revolution in communication and entertainment. Think of movies that will be able to share emotions more intense than ever before. Perhaps it could even lead to reducing tension between people as everyone would be able to feel each other’s pain in a very realistic way.”

Next up was computer scientist and inventor Dr. Ray Kurzweil. He claims that by 2025, 3D-printers will be able to print cheap clothing. People will be spending money for downloadable designs made by popular designers. It will be comparable to the way we pay for eBooks, music and movies right now. And Kurzweil sees 3d-printing go even further. Modified stem cells will enable 3D-printers to reproduce human organs. This would result in a vast collection of organs that would pose no threat of being rejected by the recipients’ body. Next to that, we’re going to spend time in virtual realities. We can visit, see and touch each other while being thousands of miles apart.

Bitcoin as a legitimate, digital economy

Finally, Dr. James Canton of the Institute of Global Futures shared his view with the world. Canton is constantly thinking about future developments and has been a digital currency enthusiast since the very start of Bitcoin. He shows true belief in the future of Bitcoin.

“Digital currencies like Bitcoin will have a massive impact on organizations. Companies that understand the block chain and Bitcoin could be up at a leading edge of a transformation in business. It is key for them to be in sync with the developments and not to avoid them. Don’t look at it as a currency used by a group of criminals for shady practices. Instead embrace it and learn to use it to your advantage. Digital currencies will become accepted as a payment method. They are already by a vast number of companies on the internet. This is a new challenge for the industry. Traditional money will disappear, and Bitcoin will be at the base of a legitimate, digital economy.”

Next to Bitcoin, Canton also thinks artificial intelligence may become even smarter than us. “AI will be used in cars, robots, houses and hospitals. It will become a huge economy. People and robots will blend, both physically and digitally. Robot surgeons will be able to perform surgery from distances all over the world. Robodocs will treat you through your smartphone. Exciting times are ahead of us.”

When we think back of the technology we knew in the year 2000, we must admit that we felt as if we made a giant leap forward when compared to our technology in the year 1990. That was a correct feeling. Looking at the developments over the past 15 years, we saw a similar leap. It is very exciting to think about the things technology has in store for us in the coming decade. While not every prediction may prove accurate in 2025, we can all agree that the next decade will prove to be another exciting one. What developments do you think we will see in the next ten years? Leave your thoughts and feelings in the comments.

https://www.cryptocoinsnews.com/futurists-views-next-decade-bitcoin-play-major-role/

The quote caught my attention pretty quickly.

Digital currencies like Bitcoin will have a massive impact on organizations. Companies that understand the block chain and Bitcoin could be up at a leading edge of a transformation in business. It is key for them to be in sync with the developments and not to avoid them. Don’t look at it as a currency used by a group of criminals for shady practices. Instead embrace it and learn to use it to your advantage. Digital currencies will become accepted as a payment method. They are already by a vast number of companies on the internet. This is a new challenge for the industry. Traditional money will disappear, and Bitcoin will be at the base of a legitimate, digital economy.”

3245  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][NOTE]DNotes - CRISP for Students launched! on: May 16, 2015, 06:42:22 PM
is possible clone http://www.cryptoblox.com/faucets/DNotes/ to make another faucet web?

Hi infovortice, we have run something similar to a faucet with the promo site (essentially a customized one time use faucet, with a large payout), but the problem is abuse. Identifying someone abusing the system automatically is extremely difficult and manual review takes too much time.
3246  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][NOTE]DNotes - CRISP for Students launched! on: May 16, 2015, 03:38:33 PM
I think the content is of Dyna's elevator pitch is good, I agree with the tradeoff between knowledge of the industry, and succinct communication that provides sufficient interest to inquisitive future DNotes stakeholders.

Has anybody in this forum seen a Digital Currency Employee Benefits program online that pre-dates CRISP for Employee Benefits?

Did some searching just now and was unable to find anything like that.
Smiley

My search yielded the same, I suppose it's another world first from DNotes.

Found nothing as well. BTW, REALLY like this:

"We are willing to do things others won't do, so that one day we can do things others can't do"

It's so easy for him to come up with these gems!

     RJF: First off, very honored to have met you in person! It was also very nice to see Dyna and DNotes. Up until DNotes (the currency) was born, Dyna, DNotes (the person DNotes) and I worked side by side every day. I took that for granted. Now, I just talk to them on the phone daily. I am in Coldwater, MI at the farm, Dyna is in West Chicago, and DNotes (the person) is still in the great state of Indiana. So, it was kinda like a family reunion for us.

         "We are willing to do things others won't do, so that one day we can do things others can't do"
     
     The quote above is a thought that Dyna has pounded into my head since I have met him in the year 2000. Since we became joined at the hip in 2004 or so, that quote has been our "mantra", the very heart of the business(s). It is not unusual at all for us to work 100 hour weeks, sometimes for months on end. I was raised on a farm as a worker bee (I think Dad thought slavery still existed!). Dyna was doing adult's work at a very young age on the other side of the world from me. So, for us, work is just as normal as breathing itself. We also refuse to let any roadblocks keep us from our goal. In the five short years it took us to become one of the top dogs in the daylily world, we had lots of events that would have stopped most others from achieving the goal. We dealt with emergency heart surgery, deadly cancer, a failing economy, and several other significant events. Dyna was back at work two weeks after emergency heart surgery. I ran the Fireplace Company and the Daylily Farm from Mayo Clinic for a time. We let nothing stop us!

Smokeys Gardens/DNotes/My Personal Mantra:

         "We are willing to do things others won't do, so that one day we can do things others can't do"

Smokey
     

Excellent post. We started with nothing but totally committed to change that so that we would have something, not just for oneself but for everyone else involved. It is not where we are at this point but where we are going from that matters. DNotes is trending to be a global force, not just for our current DNotes stakeholders but for many around the globe we can be a positive force. Together we can be the agent of change for a better world. 


I really enjoy reading the personal anecdotes in this forum when they surface, and the lessons learned from said adventures. The great words spoken in Smokey's post are not just a mantra, but is a life philosophy that will change the lives of those who read it, and take it on board. You really need to have a passion for what you're doing, because if you don't, then I think any rational person would give up when it's hard. That is how Smokey, Dyna and DNotes (the person) ran businesses from mayo clinic.


The wording of Dyna's quote is rather elegant. My father used to say something similar to me growing up that I took on board - but think I misapplied for a wee while - "Successful people are good at doing what other people do not want to do". It's correct in the context that he meant it, but to a young ~12-14 year old boy, it doesn't make you any more enthusiastic about doing the dishes! That said, if you can not do the dishes right, how on earth are you going to run a fortune 500 company?


People seem to think there is some magical formula that exists to be successful, but I think it really just boils down to productivity; that you'll do a task to the best of your ability with the allotted time that you have. Successful people know that time is the most precious commodity; it is the one thing that you can not buy, and the one thing that you can not buy back! I think that is what my dad meant - that just going through the motions in life is the most disadvantageous thing that you can do. Doing something right the first time, means you don't have to do it again. Perhaps successful people put their heart and soul into every task, no matter how small it is, so that they can be the best that they can be. Less motivated people will do it wrong, and find excuses to rationalize failure.


I hear lots of people at various jobs say "I won't get the job because that persons dad is Chief Exec of Ministry of such n such" or in the gym I hear 'going through the motions' people say "I can't lose weight, or put on muscle, or build my arms, because of my genetics" without thinking that it isn't so much about the genetics, but about about the effort; about doing the activity right. There exists, people that don't believe mainstream adoption of Digital Currency can be achieved because bankers, government, volatility...x,y,z. Are they just the people in the gym blaming their genetics, before they've even tried with the best strategy and concerted effort; to do the activity right?

so...

"We are willing to do things others won't do, so that one day we can do things others can't do" - DYNA

=

"It's not about the time, but about the effort." - TeeGee

There is a lot of great points in your post TeeGee. "people that don't believe mainstream adoption of Digital Currency can be achieved because" ... You are right you can put anything you want after this 'because', it is merely justification for a predetermined disbelief or mental block from an existing belief.

"There are those who look at things the way they are, and ask why... I dream of things that never were, and ask why not?" - Robert Kennedy


3247  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][NOTE]DNotes - CRISP for Students launched! on: May 16, 2015, 03:04:34 PM
This was worthy of a monetion, Bitcoin still hasn't been 'hacked' in 7 years due to the unique complexity of what it would take to hack it.

527 US Banks Have Failed Since Late 2008, but the Bitcoin Protocol ‘Still Hasn’t Been Hacked’

The Federal Deposit Insurance Corporation (FDIC) reports that there have been 527 bank failures in the U.S since the invention of Bitcoin in late 2008. While billions of dollars have been lost due to bank failures and hackings, the Bitcoin protocol itself has never been hacked.

http://cointelegraph.com/news/114265/527-us-banks-have-failed-since-late-2008-but-the-bitcoin-protocol-still-hasnt-been-hacked
3248  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][NOTE]DNotes - CRISP for Students launched! on: May 16, 2015, 03:07:05 AM
anyone see what is going on dnotes price plummeting and dnotes pool says no block found for 15 hrs so I post here as this will get faster attention thank you

Thanks kold678, seen this a few times, it was usually just the cron the updates the stats. I will send him an email though.
3249  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][NOTE]DNotes - CRISP for Students launched! on: May 16, 2015, 01:47:02 AM
I think the content is of Dyna's elevator pitch is good, I agree with the tradeoff between knowledge of the industry, and succinct communication that provides sufficient interest to inquisitive future DNotes stakeholders.

Has anybody in this forum seen a Digital Currency Employee Benefits program online that pre-dates CRISP for Employee Benefits?

Did some searching just now and was unable to find anything like that.
3250  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][NOTE]DNotes - CRISP for Students launched! on: May 15, 2015, 08:01:59 PM
Wow, that's pretty packed! How much prior knowledge of cryptocurrencies are we assuming on the part of the *other* people in the proverbial elevator?

Edit: I guess what I'm really asking is how are we going to anchor this by connecting it with what the recipient already knows? It doesn't have to be Bitcoin either. But whatever it is that the recipient knows that we're building on, then we have to connect DNotes to it in a way that makes sense--in 30 seconds Smiley

Here is a good project for our community. Below is my rough draft of a 30 Second Elevator Pitch becoming a more common request as we engage more and more busy investors. Try and improve what I got started or come up with your own version. Please note that "online global market places" are future projects.

30 Second Elevator Pitch

DNotes is the most stable digital currency with reliable long term appreciation and a consistent trend line of establishing higher highs and higher lows since first traded in March 2014; from 200 satoshi to 4500 satoshi. DNotes = Trust. That is our brand. It has created a new culture of mutual cooperation, mass inclusion of everyone irrespective of financial standing, race or gender. It created and funded CryptoMoms to bridge the gender gap while making it a currency neutral site to engage industry peers’ participation. It created DNotesVault to provide a free secure cold storage for all DNotes stakeholders with easy of use and peace of mind, with 100% verifiable deposit guarantee. It created a family of cryptocurrency investment savings plans (CRISP) to promote and encourage early saving habits and long term investment. There is a plan for everyone; from the unborn to the most senior; from the poor to the super rich. It is positioned to provide viable solutions in cooperation with international charity organizations to help solve global problems. CRISP for Retirement targets small business owners while CRISP For Employees Incentive Benefits targets their employees. With multiple online global market places DNotes stakeholders and other merchants gain the maximum benefits of the low cost transaction using DNotes as a medium of exchange. That is our pathway to mass consumer and mass merchant adoption. Opps, I just used up my 30 seconds.

That is a good question. I'm sure Dyna can elaborate a bit more, but here are my opinions. It will likely be targeting people with a general knowledge of bitcoin. However, having multiple elevator pitches depending on the audience would be a good thing. The goal of an elevator pitch would be to get them interested to find out more. TeeGee has pointed it out before, but what really makes DNotes different? Winning Strategies, Trust, Experience, Professionalism, Tenacity... Can we do that in a short paragraph? Here is a single sentence I have been working on: "Positioned for mass adoption and massive growth through the use of highly scalable platforms such as the DNotesVault and integrated CRISP (CryptoCurrency Investment Savings Plans), as well as CryptoMoms. "

3251  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][NOTE]DNotes - CRISP for Students launched! on: May 15, 2015, 02:52:22 PM
So if I could just point out to make it easier for new people. Say for example I just heard about Dnotes. I don't know what they or bitcoin is but i want to buy some. I punched it in google and ended up on the Dnotescoin.com site and scrolled down to, how do i get dnotes. I read a bunch of technical stuff and am so confused i wouldn't know were to go and may even be over it at that point.

Is there anyway to link Cyptomoms there and a brief explanation or put a video on how to buy bitcoin and use an exchange there. Just to make it a little smoother for a new stakeholder. Also i didn't see THIS forum listed on there. Personally i think it would be great idea to make it super easy to find This or Cryptomoms.

Just a thought

I've put together a few guides to help with that very thing over in the Guides section of CryptoMoms. Guides I have written so far are:

How to secure and store your passwords
Coinbase: your first Bitcoin wallet
Trading platforms: your key to all other cryptocoins

These cover the very basics up to buying Bitcoin in what I think is the easiest way possible, then sending them to a trading platform and buying DNotes with them. I'm planning on writing my next guide about how the DNotes vault works and how to use it.

I agree that it would be a good idea to link to these guides, because they are written for people who have no prior experience with cryptocurrencies. I'll try to write up a post under "guides" which is basically a list of all the guides which I'll keep updated and that message could be linked to from anywhere.

Awesome wiser! Ya it would be great to put the guide link and a description were it explains buying Dnotes on Dnotescoin.com. Also one other suggestion for the site is that from my understanding if you make any link on that page it should open a new tab when you click on it because people are more likely to return to the original page. Just a little trick my girlfriend was pointing out and it makes plenty of sense.

Anyway I've been reading up on this form everyday and I love Love all the progress. Just wanted to help out anyway I can, so i wanted to point these few things out.

Thank you mrbum805, those a great points. I think eventually we need to expand the dnotescoin.com website to include more content and updates. Wiser, those are excellent write ups, very impressed with your writing style.
3252  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][NOTE]DNotes - CRISP for Students launched! on: May 15, 2015, 02:33:40 PM

The Tether service in your first article is interesting, but I can't seem to find any information about being licensed in the US or anywhere else for that matter. The company says they are incorporated in Hong Kong, with offices in US.

Here is a quote from the other article you listed about buying Bitcoin with Money Orders:

With the service already gaining traction, more digital currency startups may now be tempted to follow suite. However, gaining a foothold in this lucrative market by offering an easier solution to the problem of tricky financial regulation can be problematic. The question raised by many observers is whether these innovative solutions can remain viable in the long term or if regulation around established banks will add friction and offset the benefits of digital currencies.


Ripple just received a $700,000 fine, as if they were sending a clear message to the rest of the world to follow the rules. It is also becoming harder to understand if a company is following the rules. In both of these cases it seems as though they are trying to work around the rules.
3253  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][NOTE]DNotes - CRISP for Students launched! on: May 14, 2015, 11:51:01 PM
The quote from the article below hits upon a very important topic for DNotes. "Mainstream adoption is not going to happen if you circumvent the financial system, you're going to have to be a participant in it." This is absolutely correct. Circumventing the financial system and regulations would only result in fear and uncertainty in using digital currency for the main stream public.

ItBit CEO: Bitcoin Can't Circumvent the Financial System

"Mainstream adoption is not going to happen if you circumvent the financial system, you're going to have to be a participant in it. That doesn't mean bitcoin isn't disruptive. It is in important and very valuable ways, but that disruption will never be able to reach its full potential unless you're able to interface with the system."

http://www.coindesk.com/itbit-ceo-bitcoin-circumvent-financial-system/

I agree. I'm not necessarily a fan of heavy government regulation (I have some Libertarian leanings about that), but I am a fan of crypto-businesses who make the effort to comply with the regulations.

I registered and verified an account on itBit earlier today after reading the article. They still have a major entry barrier, though, and that is prohibitively high fiat deposit and withdrawal costs, at least prohibitive for small players. But according to personal communication, that is something they are working on.

Thanks Wiser. I think everyone would want the ideal of a fair balance of protection and freedom that allows everyone to do what they need to become successful. I too am a supporter of crypto ventures that follow the regulations.
3254  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][NOTE]DNotes - CRISP for Students launched! on: May 14, 2015, 08:33:39 PM
The quote from the article below hits upon a very important topic for DNotes. "Mainstream adoption is not going to happen if you circumvent the financial system, you're going to have to be a participant in it." This is absolutely correct. Circumventing the financial system and regulations would only result in fear and uncertainty in using digital currency for the main stream public.

ItBit CEO: Bitcoin Can't Circumvent the Financial System

"Mainstream adoption is not going to happen if you circumvent the financial system, you're going to have to be a participant in it. That doesn't mean bitcoin isn't disruptive. It is in important and very valuable ways, but that disruption will never be able to reach its full potential unless you're able to interface with the system."

http://www.coindesk.com/itbit-ceo-bitcoin-circumvent-financial-system/
3255  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][NOTE]DNotes - CRISP for Students launched! on: May 14, 2015, 07:05:46 PM
Although I would love to change the title of this article, it brings to light an important potential use for a global digital currency. How will the price of digital currency be affected by a recession?

TRADITIONAL ECONOMISTS FEARING THE WORST, BUY BITCOIN NOW

The chief economist at HSBC, Stephen King, told clients that the global economy “is like an ocean liner without lifeboats.” He fears that another recession might be incredibly difficult, if not impossible, to recover from. He cited factors that many don’t consider when assessing whether a recession is likely, such as a collapse of the Chinese economy, which has seen a steady decline in recent quarters.

...

If you bought now, and the recession hit, you might see a chain reaction of the price increasing. You would then be able to dump your Bitcoin holdings onto wealthier hands and better survive the recession. Or, for many of the things you need to do, you could simply spend your Bitcoin directly, it having increased buying power as people look to get away from a weakening dollar.

There are many ways to prepare for hard economic times. Unfortunately, in this day and age, saving in a bank is one of the least effective of them. Giving Bitcoin a try might just prove to be a strategy worth your time.

https://www.cryptocoinsnews.com/traditional-economists-fearing-worst-buy-bitcoin-now/

I too wish the title were different. I still pay careful attention to world markets - a great indicator of impending trouble will be when the US increases it's bond rates, at that point (if... it happens), it will already be too late to exit the USD. Thankfully, I don't expect that to happen for a while. This would occur in an instance when nobody is prepared to lend to a Governments heavily in debt, the Government raises it's bond rate to attract more lenders to pay the nations outgoing expenditure. This may work in the short term; Government pays it's immediate debt, but bonds and deficits mean guaranteed increased taxes for it's citizens - which stifles productivity. The national debt is also larger, and the Government bond interest rate higher; The Government then pays a higher interest rate to repay an even larger debt! It's terrible finance policy, I'm sure nobody thinks it's sustainable long-term, and everybody is looking the other way. The best indicator economic performance, is to watch what the financial players, investors, and bankers are doing - they give away many tells when expert confidence is low, that are inconsistent with media narrative. These people will always want to get their own money out of the system before they tell the press to let everybody else know they should too! This has already been happening with Japanese banks, who are purchasing US assets and selling yen backed ones. Japan is in economic turmoil, possibly beyond the point of no return for the reasons described above - It's very tragic. I think the US can get it's act together, but not without short term hardship for welfare recipients and those on Government pay-checks (military included).

"When we broke the link between money and gold forty years ago, this removed all the constraints on credit creation. And afterwards, credit absolutely exploded. In the U.S., it grew from one trillion to fifty trillion... fifty-fold increase in forty-three years. And this explosion of credit created the world we live in. It created very rapid economic growth. It ushered in the age of globalization. But it now seems that credit cannot expand any further because the private sector is incapable of repaying the debt that it has already. And if credit now begins to contract, there is a very real danger that we will collapse into a new Great Depression." -Richard Duncan


Knowing that many people are not receptive to views of caution, I’ve decided instead to slowly condition people to be more open to such thoughts by gradually discussing ideas as the corresponding world events occur, but this may not be the most effective strategy to insulate as many people as possible. I think Digital Currency could be the vehicle that not only protects it's holders from external volatilities, but could work to stabilize world markets long-term.

I think that if a recession scenario like the one Mr Stephen King mentioned in the link occurs, that there would be a worldwide period of hyperdeflation for paper assets (such as stocks and bonds), as well as hyperdeflation for debt based assets (such as housing and automobiles). This environment of hyperdeflation will be mixed with an environment of hyperinflation for precious metals (gold and silver), as well as hyperinflation for basic commodities necessary for survival (such as food and energy). Shorting paper assets and going long on physical assets has been a popular, and very successful investment strategy for investors. Friends of mine who frequent ZeroHedge.com have also had much success with this strategy the last three years. I am not a trading expert whatsoever, but I think trading on news is far more reliable than 'technical' charts (fancy guesswork). I would make an fair guess that dominant crypto's would appreciate significantly at times when the USD is less favourable to hold. I also wouldn't put it beyond many Governments to introduce price freezes or fixed exchange rates as emergency measures (they don't work).

The awkward thing about it all, is that if such a scenario occurs, it will all happen very quickly. The positive thing, is that people have the ability to do amazing things, and if they can't get change at the ballot box to prevent another captain sinking the Titanic, they can solve problems themselves. Digital Currency is one such answer.

Agreed!
3256  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][NOTE]DNotes - CRISP for Students launched! on: May 14, 2015, 02:36:25 PM
Just had a great meeting with RJF, it was really nice to meet in person.

Thank you for coming out of your way to meet with us!

Honestly Alan, it was an honor to finally meet you and the team in person, I've been a admirer long before DNotes. I have no doubt that the team's energy, drive and business sense will take DNotes into a successful future.

PS: Still can't get over how green Michigan is! I've been all over the country and nobody has that kind of green!  Smiley


That's so cool that you guys met!

I don't know where you live RJF, but it seems you made quite the trip. I think quite a few core supporters (some of whom have been unable to frequent this forum recently) have met each other now, it speaks volumes when the co-founders of a venture make a some 3 & 1/2 hour drive make a trip to meet their supporters! That kind of travel shows a lot of mutual respect. Maybe my parents will consider dropping by Chicago (area) in June to see Smokey @ Smokey's Gardens. My dad will be in Baltimore for a conference and is taking my mother. Dad has been asking me about DNotes a lot and is keeping himself very informed. He is still grasping the difference between the blockchain, it's benefits, and Bitcoin. He got a little confused when I showed him that USAA and NASDAQ are implementing "blockchain" technology, but not necessarily Bitcoin. It took the better part of a year, but I finally convinced him to invest in some DNotes! I know my mum would love the Daylilly garden - she used to teach horticulture at a local university. I need to tell her to try and cultivate a blue daylilly... which I just looked up New Zealand varieties and it seems nobody has achieved it here either.

Now curiosity got the better of me:

I have no idea when it comes to horticulture and cultivating plants, but I do know that the flavanoids in plants and anthocyanin levels affect colour - jasmonic acid and light irradiation can increase anthocyanin levels - which more anthocyanin levels improves tomato shelf life and make them 'redder'. It appears that the only strategy to reduce anthocyanin levels would be gene inhibition in the plant itself - or would that be considered cheating / failed already?

http://www.ncbi.nlm.nih.gov/pubmed/9501130

It appears that the nonpathogenic fungus 'Cochliobolus heterostrophus' drastically reduced the light-induced accumulation of anthocyanin by repressing the transcription of the anthocyanin biosynthesis genes in mesocotyls (the part of a plant protruding from a seed, but remains beneath the ground). Manipulation of this gene, combined with appropriate soil etc would likely yield a darker coloured plant, but I don't know if blue would be possible from this. If one were to become blue from gene inhibition, combined with expert cultivation, then cuttings could be taken and planted. Perhaps daylillies can be reverse hybridized too, or crossed with itself which could evoke further change of the genes through methylation patterns (consider this genetic memory that can turn gene's on/off as such).

http://www.ncbi.nlm.nih.gov/pmc/articles/PMC35099/9

Interesting stuff... I also know of a really good career biotechnician who lives in the states...

Hope everything is going well Malfort!





We would love to meet your parents TeeGee, and I'm sure Smokey would be thrilled to give them a tour of the garden, hopefully it would be in the bloom season.

I'm not sure if a genetically modified daylily would be well received in the daylily world. Part of the culture is hybridizing. I can't say if anyone has tried it already, Jamie Gossard of superior labs is the most likely candidate and well known hybridizer. Either way, yeah, very interesting.
3257  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][NOTE]DNotes - CRISP for Students launched! on: May 14, 2015, 02:05:03 PM
Although I would love to change the title of this article, it brings to light an important potential use for a global digital currency. How will the price of digital currency be affected by a recession?

TRADITIONAL ECONOMISTS FEARING THE WORST, BUY BITCOIN NOW

The chief economist at HSBC, Stephen King, told clients that the global economy “is like an ocean liner without lifeboats.” He fears that another recession might be incredibly difficult, if not impossible, to recover from. He cited factors that many don’t consider when assessing whether a recession is likely, such as a collapse of the Chinese economy, which has seen a steady decline in recent quarters.

...

If you bought now, and the recession hit, you might see a chain reaction of the price increasing. You would then be able to dump your Bitcoin holdings onto wealthier hands and better survive the recession. Or, for many of the things you need to do, you could simply spend your Bitcoin directly, it having increased buying power as people look to get away from a weakening dollar.

There are many ways to prepare for hard economic times. Unfortunately, in this day and age, saving in a bank is one of the least effective of them. Giving Bitcoin a try might just prove to be a strategy worth your time.

https://www.cryptocoinsnews.com/traditional-economists-fearing-worst-buy-bitcoin-now/
3258  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][NOTE]DNotes - CRISP for Students launched! on: May 14, 2015, 01:29:38 AM
What the team think about instant exchange ShapeShift.io , should be good ask them to add DNotes ? i read they ask popular/serius coins to list and see daily trade volume about 2500$

We did talk to them at one point. They wanted us to have a higher trading volume. At this stage of DNotes we need to focus on growth and savings more than volume.

I personally wish that DNOTES was on shapeshift as well. I know that really DNOTES has no need to focus on any exchanges since you have decent volume with your present exchanges. Still, it's so convenient and easy to use.

Thanks OCTOPARTY. It's only a matter of time before DNotes is everywhere and maybe even easier to use to trade.
3259  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][NOTE]DNotes - CRISP for Students launched! on: May 14, 2015, 01:24:48 AM
Just had a great meeting with RJF, it was really nice to meet in person.

Thank you for coming out of your way to meet with us!
3260  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][NOTE]DNotes - CRISP for Students launched! on: May 13, 2015, 12:47:35 PM

Source: http://themanwiththecap.blogspot.com/2015/05/interview-alan-yong-of-dnotes.html
Pages: « 1 ... 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 [163] 164 165 166 167 168 169 170 171 172 173 174 175 176 177 178 179 180 181 182 183 184 185 186 187 188 189 190 191 192 193 194 195 196 197 198 199 200 201 202 203 204 205 206 207 208 209 210 211 212 213 214 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!