So, anyone have thoughts on the recent market crash? Are Futures Contracts causing instability? Market manipulation? Seems rather odd how quickly it happened and, how deeply. Also odd how one commercial trader predicted it almost exactly...
There is a lot of politics in the background of course, but honestly a crash was imminent anyway. Bitcoin is a constantly uptrending roller coaster. And a roller coaster sometimes goes a little down to then go up even faster. Bitcoin will recover regardless of Roger Ver and the crap he is talking all day. I'm going to have to disagree with your roller-coaster metaphor dzonikg28, but stand with you on your intended points. In fact, I'm going to go a step further. Roger Ver is talking about the weaknesses of bitcoin and this seems to be hurting its value. The more the large holders and miners see value being hurt by disfunctionality in bitcoin, the more they are likely to support genuine improvements to its code. And the more the code behind bitcoin improves, and the more useful bitcoin is, the higher its true value can climb. As for futures contracts and commercial traders manipulating the price, I think it is unlikely. I have no doubt that given the skill and opportunity, they would certainly do it. And I imagine that the current low is a great time for them to buy a reserve to sell futures against. I just don't think they've got what it takes to pull it off. But that doesn't mean there hasn't been an incidental effect. It is hard for the whales to cash-out a significant amount without impacting the price. But selling a chunk to futures traders is a good opportunity and it is possible that taking advantage of that has hit the price a little. This article from a couple of days ago talks about the concept: https://www.bloomberg.com/view/articles/2017-12-21/bitcoin-billionaires-may-have-found-a-way-to-cash-outBut I'm most comfortable putting it down to the range of complex influences that have caused previous dips in prices. Some of it might be algorithmic trading. Maybe after watching it climb fast, unreasonable expectations have made the slight slowdown seem worrisome. Possibly the fact that bitcoin has attracted many inexperienced investors to try their hand means the market is more emotional and reactive than more standard types of investments. Maybe the weather has more to do with the price of bitcoin than its functionality does. How about Christmas putting a pinch on budgets causing investors to cash in despite a drop in price? If the Christmas budget theory is correct, maybe we can expect a leap in price as people invest their cash presents where they'd never risk money earned through hard work. So the only thing I know for sure is that Jamie Dimon is green with jealousy that the market ignored him, but reacts when Roger Ver goes public. But you've got to be enjoying the media circus that spends a month calling bitcoin a bubble, and then when the price dips, writes pages speculating about what strange thing could have interrupted such a strong climb. Once again, this market has proven to be very resilient. The growing global demand to invest in our industry has been nothing short of being spectacular. When there is so much money to be made in a brief period it can perpetuate the “gambling mentality” for a while. The weak hands that cashed out in a fast and furious correction often recover from their painful experience as the euphoria continues. Soon they will be back taking another chance. 80% of businesses failed within the first 10 years of existence. I would venture to say that 90% of the projects in our industry will fail. There are many challenges to overcome with significant problems remaining unsolved – stability, capacity, trust, basic knowledge, consumers protection, and other regulatory hurdles; just to name a few. But it takes time for any early stage industry to sort things out. We are mindful of many of those challenges right from the start and have positioned DNotes very differently. Our foundation has been built. I trust that throughout 2018, our industry will witness an amazing business model in full strategic execution mode with very deliberate moves in solving industry problems. In conjunction with our funding efforts, utilizing Reg. A+ Mini-IPO Title IV Tier 2 to raise up to $50 million from accredited and non-accredited investors worldwide, we are also drastically expanding our software development capabilities by closely aligning with a world-class 60 employee software company in the Chicago area. This will be a multi-year large scale project. They will serve as our software development arm with great capabilities for us to ramp up quickly. I have already signed off with a large down payment to proceed immediately. We feel very fortunate to finally found a perfect fit. They share our vision, mindset, and culture. Together we can do amazing things and solve many of our industry challenges and technology constraints. |
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The tax act in Sec. 13303 amends IRC Section 1031 (a)(1) to delete “property” and replace it with “real property” … So, you can see that now I can no longer take the position that my Bitcoin to Litecoin exchange was a like kind one under Sec. 1031, and I have to recognize the gain when I do it. I guess I need to see the full language. But when you're trading currencies straight across, they're exactly the same value at that time. So no realized value is gained in that trade. Of course when you cash out to dollars, you would be subject to capital gains. As far as I know, "Bitcoin" is still considered an asset by the IRS. Anyone have a different take? I agree. It is difficult to comment without reading the relevant sections of the bill. As reported, if accurate, it would indicate an ignorance over-sight that will get very messy. I am neither an accountant nor a lawyer. But I don't see how exchanging one digital currency for another can be practically accounted as a taxable event. What is the basis to establish a gain or a loss? Until the investment is finally converted back to $, a gain or a loss can not be established. On the other hand, this is a clear taxable event: as an example - I purchased my first (1) BTC in 2014 at $500 using Coinbase and sold my first Bitcoin, also at Coinbase in 2017 at $5,500. In my 2017 tax return I will have to report $5,000 as earning or capital gain whatever the final classification is. |
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That is a great article, Ms Silchenko is a wise woman and her views are very much in line with those of DNotes. After reading the article, I can understand why Alan was invited to present at the World Funding Summit. Victoria Silchenko is clearly aware of both the potential of blockchain technology and the lack of substance offered by many ICO projects. And many of her insightful comments made me think again about why people invest in ICOs. Then I realised that they probably aren't investing at all. They're just gambling. When you invest in something, you take some time doing due diligence, then after investing, you expect it to take some time to make a reasonable profit. But when you gamble, you rarely calculate the true odds, and while being ready to lose your bet, you hope for a massive short-term profit. In the article, Victoria stated, "VC deals are expensive: on average it takes 118 hours for due diligence and 83 days to close". And from the effort required by DNotes Global Inc to find registered PCAOB auditors as just one part of establishing a Reg. A+ mini IPO, it is clear that providing a platform that enables investors to conduct due diligence in scrutinising the offering and risk is neither cheap nor easy. Then, as an investor, understanding the provided information and then making an informed investment requires a level of experience or skill that is not common. So when big quick profits are being offered by ICOs, it is understandable that those without training in fintech are attracted to the quick bet over the long-term investment. Unfortunately, ICOs don't frame their offering as a quick and risky bet with a slim potential of making lasting high profits. The only thing that indicates investors are playing a lottery or some other high-risk game is the slick and eye-catching graphics. Instead, they do their best to imply stability and genuine milestones that will be achieved by experienced developers. And without providing any reliable market research data, many ICOs imply that there is a huge market potential and their product is a unique fit for all of that available money. So it is understandable that inexperienced investors don't realise how their actions are much more like gambling than investing. And this is made much worse due to a lack of precedence. The failure of ICOs to provide a return on investment, will take a while to become common knowledge. This is likely to be made worse by the greater-fool effect where the first investors know what they're doing and invest large amounts across very few participants. Then they offload their holdings at peak price to many more investors who are investing much smaller amounts. This may go through a few more one-to-many trades until those left holding the worthless bag are great in number, but only invested a very small amount. And while losing a very small investment isn't news and is unlikely to then become common knowledge, it is even less likely to go public because people are embarrassed by bad financial decisions and tend to keep quiet about them. Everything I've seen DNotes Glabal Inc. do, aligns with the attitudes and processes necessary to attract informed investors who believe they will make reasonable profits over a longer term. Their cryptocurrency DNotes has clearly attracted a range of people from short-term gamblers to long-term investors as well as some very well informed miners. This puts both the company and the currency in a unique position in the market place. And I won't be at all surprised if the investor mindset who are holding DNotes see the logic of participating in a mini IPO that will go towards developing their financial products further and make DNotes2.0 more functional. Thank you, Tim, for another great post. “ Then I realized that they probably aren't investing at all. They're just gambling. When you invest in something, you take some time doing due diligence, then after investing, you expect it to take some time to make a reasonable profit. But when you gamble, you rarely calculate the true odds, and while being ready to lose your bet, you hope for a massive short-term profit.” Tim, you are absolutely correct. Our industry has been cultivating a “gambling mentality”. Over the long-term this is very bad for capital formation. It creates unreasonable investment return expectations – immediate exit strategy with a high rate of return. That is not sustainable; resulting in major corrections with many getting burnt. Eventually, 90% of the projects will fail. A few among the top 10% will become the surviving unicorns with enough influence to shape our industry. DNotes is positioned to be among the top 10% survivors. “ Where we are right now matters far less than where we are going from here.” Alan Yong |
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Hi DNotes Team, I noticed you are still promoting Poloniex on the DNotes Vault website https://dnotesvault.com/dnotes.php. I think you guys should change this even if you are planning to change it down the line. The sooner the better. Kind regards, Thank you, BTCWise. We will make the adjustment. Joe is on his long drive home. I just got home myself from a fantastic meeting with a local software development firm of 60 employees. The owner and 2 of his key staff did their homework and were well prepared to welcome us with a great presentation. We are looking for the best partner in our quest to be a technology leader and they are looking for the best client. We mutually felt that this is a perfect match. We met for over two hours and left with high expectation that together we will end up doing great things. You are welcome Dyna, I'm happy to hear about the progress you guys have been making. The more developers and partners the shorter the timeline will get which is a massive thumbs-up on my side. Quick recommendation: When you guys have such important meetings try and make a short five minute video. This can be a video shot at the entrance of the company or even after the meeting. This will help grow your YouTube channel and it will show DNotes users that there are movement. Not many people know about these information threads on Bitcointalk. You guys need to be more creative with your marketing because at the end of the day if people don't see you they won't know you are there. I really like DNotes and I really want to see this coin achieve greatness. Hope I'm not coming off as too aggressive, not my intention. Regards, Thank you, BTCWise. I know that you always mean well for DNotes. We welcome comments and suggestions. Actually, we mentioned about cross-PR promotions at the meeting. Just give us a little time. Joe has been working on it. We will be starting the new year with significant PR campaigns to get the words out. I always believe that it is best to go all in when things are solidly in place than just talking about a concept (ICO) or a wish list of good ideas, in any major PR efforts. |
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One of the filing requirements for Registration of Reg. A+ mini IPO is a PCAOB compliance audited financial statements - as a result of Sarbanes-Oxley regulations.
The Sarbanes–Oxley Act of 2002 also known as the "Public Company Accounting Reform and Investor Protection Act" (in the Senate) and "Corporate and Auditing Accountability, Responsibility, and Transparency Act. This was to ensure that accurate information is available to investors in making informed investment decision. Of course, all in the name of consumer protection.
Unfortunately, very few registered PCAOB auditors are available. I have been struggling with this issue for the last two weeks. It's a relief that we finally found a good fit. We will be retaining the services Allan J. Brachman CPA, Ltd. of Palatine, Illinois to be our accounting and auditing firm.
We have been making great progress in multiple fronts and keeping ourselves very busy. Things are look great. We are positioning to scale rapidly. 2018 will be an amazing year.
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I wish I had noticed this a few days ago. Has anyone else tried to withdraw from C-Cex today?
"C-CEX holidays vacations!
From December, 20 till approximately January 20 we will switch to "limited service" mode for New Year vacations.
We will: provide trading service, API trading service, C-CEX codes creation and redeeming, fiat deposits and withdrawals.
We will not: provide all cryptocoin and tokens deposits and withdrawals, support ticket service.
If you need your cryptocurrency to trade here or elsewhere during "limited service" period - please, deposit or withdraw it before December, 20. Please, do not send any deposits during "limited service" period as they will not be posted to balances.
We will resume normal service after January, 20. We may resume normal service earlier."
I have not been that active but did notice a deterioration in the service support recently. |
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Hi DNotes Team, I noticed you are still promoting Poloniex on the DNotes Vault website https://dnotesvault.com/dnotes.php. I think you guys should change this even if you are planning to change it down the line. The sooner the better. Kind regards, Thank you, BTCWise. We will make the adjustment. Joe is on his long drive home. I just got home myself from a fantastic meeting with a local software development firm of 60 employees. The owner and 2 of his key staff did their homework and were well prepared to welcome us with a great presentation. We are looking for the best partner in our quest to be a technology leader and they are looking for the best client. We mutually felt that this is a perfect match. We met for over two hours and left with high expectation that together we will end up doing great things. That's awesome. Congratulations! What a tremendous asset to the DNotes project! I've been working really hard pulling together transaction records from my cryptocurrency adventure so that I can include that information on my tax return. And I can think of things that could be done to make that job easier, some of which DNotes already does. The biggest one is to have a block explorer that allows data export. API support is also important. I have a few coins whose block explorers don't have those features, and let me tell you that spells H E A D A C H E! I may or may not be making future investment decisions based in part on block explorer features... not that I'm complaining. My NEM holdings definitely justify the headache. Still, why not remove it anyway right from the start. My larger point here is that part of what I think should be taken into account with development is tax compliance made simple with DNotes. A lot of coin devs don't think that's important, but it really is. Thank you, Wiser. We are very fortunate to find such a great fit. I have already invited the owner of the company to consider joining DNotes Global, Inc.'s Board of Directors. He is highly qualified. I am also reaching out to others that could represent us well. We are building a best in class company with a core mission to promote and protest the best interest of DNotes, ensuring that it is accessible for anyone worldwide to participate. Just the words "tax return" give me a headache. Ultimately, an accounting system with reporting and compliance requirements will be built as a component of the blockchain. That will put a lot of accountants and auditors out work. If one of NextGenVC future clients is in this area we could be interest to participate. Otherwise, even a simple tax compliance version may be a while before it can make it to our priority list. |
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Hi DNotes Team, I noticed you are still promoting Poloniex on the DNotes Vault website https://dnotesvault.com/dnotes.php. I think you guys should change this even if you are planning to change it down the line. The sooner the better. Kind regards, Thank you, BTCWise. We will make the adjustment. Joe is on his long drive home. I just got home myself from a fantastic meeting with a local software development firm of 60 employees. The owner and 2 of his key staff did their homework and were well prepared to welcome us with a great presentation. We are looking for the best partner in our quest to be a technology leader and they are looking for the best client. We mutually felt that this is a perfect match. We met for over two hours and left with high expectation that together we will end up doing great things. |
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Thank you for the link, Bitcoin! I just took a quick look. Very interesting and great connection. I will contact them. Joe and I have a very busy schedule today, meeting with software development firms. We are expanding our capabilities in many areas, in preparation for our Reg. A+ mini IPO. |
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Check this out: Longfin IPOs at $5/Share on NASDAQ Under Reg A+, Buys Blockchain Company Ziddu & Stock Soars to Over $140This is an example of how crazy the Crypto/Blockchain sector is right now. Longfin (NASDAQ:LFIN) listed its shares on NASDAQ on December 13th at $5 a share. The company used the Reg A+ crowdfunding exemption to raise the money apparently selling 2.3 million shares out of a possible $50 million raise. Two days later, Longfin announced the acquisition of Ziddu.com, a Blockchain powered platform that is said to offer Microfinance Lending against Collateralized Warehouse Receipts in the form of ERC20 “Ziddu Coins.” If you want to have a better understanding of how Longfin was doing prior to the IPO you can read their offering circular here where the company is required to share its operating information. What happened next? The stock soared right through the roof. On Friday, the day of the announcement, shares jumped more than 200% Read more: https://www.crowdfundinsider.com/2017/12/126079-longfin-ipos-5-share-nasdaq-reg-buys-blockchain-company-ziddu-stock-soars-140/ |
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Wow, you guys are really stepping up for me. Great discussions. Thank you.
The commitments have been made. We are now actively working on our funding using Reg. A+ mini IPO Title IV Tire 2 to raise up to $50 million from accredited and non-accredited investors worldwide next year. This is a big project that need a lot of professional involvement, making it quite expensive. Accordingly, we are considering offering a Reg. D 506 (c), available only to accredited investors to fund the mini IPO. This is a common strategy and encouraged by the SEC.
I am extremely busy focusing on the most critical issues and getting the most important things going as quickly as possible. We have already retained the services of Laura Anthony of Legal & Compliance, LCC and I will be selecting an accounting and PCAOB auditing compliance firm next week.
Joe and I have been combing the entire Chicagoland area in search of the best software development team to work with us. We will be interviewing several companies that have expressed a strong interest. We are also planning to hire one or more qualified software engineers as part of our expansion project.
Yes, we are totally committed to making DNotes a technology leader. This is a multiyear project aimed at creating a fully integrated ecosystem most favorable for mainstream acceptance of DNotes. Our priority is to launch DNotes 2.0, migrating from Proof of Work to Proof of Stake. Following that multiple projects will be initiated to work in parallel with strong emphasis to support NextGenVC and our clients.
NextGenVC’s core mission is to assist early growth stage, and established companies with great growth potential but constrained by other issues. NextGenVC has multiple missions: raise adequate funding to solve multiple deficiencies; introduce clients to digital currency and blockchain technologies; revitalize corporate culture and more by the book “Improve Your Odds – The Four Pillars of Business Success.”
DNotes is uniquely different. It is more than a digital currency but a complete system with many critical parts. I can not solve any of the Bitcoin problems as they are, but I am confident that, having been built from the ground up over the last four years, DNotes will solve most of the problems inherent to Bitcoin and other digital currencies. DNotes will prevail because of our clearly articulated vision and relentless commitments. It has not been easy to understand the DNotes' business model, but it wouldn't be long. Many other parts are coming together to form a clear picture by early next year.
What excites me most about the DNotes Global Inc. NextGenVC project is the impact a history of successful projects will have on attracting investors for future projects. With the combined business savvy that DNotes Global Inc. can bring to the table, I expect only projects with genuine potential will qualify for the program. And then through the insightful guidance provided by the resources being generated for the Four Pillars of Business Success, as well as direct mentoring by experienced professionals, these viable projects are much more likely to succeed. Then after a string of these projects have rewarded investors by being successful, DNotes Global Inc. could work as a strong attractor for investors and high quality projects. The snowball effect could work like literary journals or science fiction magazines where quality editors recognise and develop excellent stories. Then it becomes the preferred place to work for quality editors, and the most prestigious magazine for quality writers to be published in. Combined with the benefits of DNotes2.0 smart contracts, including the confidence that comes from increased security and lower operational costs, I'm excited to watch this project reach its true potential. NextGen VC is so brilliant in the aspect that businesses will be highly attracted to using it. There will be a strict vetting process, as the partnerships in NextGen VC will involve transfers of equity to DNotes Global from the partner company. With such a quality investing vehicle and array of services provided that will help businesses with crowdfunding / regulated ICOs / Venture financing and corporate management and strategy aid to ensure their success, I don't see how there wouldn't be a litany of potential partners waiting at DNotes Global's door. And this is all completely separate to the other services and functionalities that are being built for / planned for the ecosystem. TeeGee characterized it as one that “helps businesses with crowdfunding / regulated ICOs / Venture financing and corporate management and strategy aid to ensure their success.” And Tim pointed out that “through the insightful guidance provided by the resources being generated for the Four Pillars of Business Success, as well as direct mentoring by experienced professionals, these viable projects are much more likely to succeed.” They are both good points, with a lot more. Did we just pull that idea from the thin air? No. It has always been an integral part of our long-term master plan. Engaging the corporate world at multiple levels is one of our critical strategic building blocks to gain mass acceptances. We created DNotesVault with a mission, among others, to make it super convenience for entrepreneurs and their employees to save for their retirement. We even created a CRISP for Employee Incentive Benefits Savings Plan. Additionally, it has taken me two years to write a business book, produce 70+ videos with full transcripts and bullet points. Chapter 15 is about the DNotes story and why the next generation of entrepreneurs must embrace it. I believe we have here a very well-constructed winning business strategy that has taken years to build, with equal or more time to execute. This is a giant effort of engagement to gain mass acceptance of DNotes. Building a trusted brand, making DNotes accessible for everyone worldwide to participate, engaging the corporate world, and encouraging women’s participation have always been the core mission of DNotes. Once we start gaining momentum, it will be nearly impossible for others to replicate what DNotes is doing. That is the payoff of winning strategies well executed. Back to NextGenVC briefly. Although not finalized at this point, we are thinking of allocating 50% of the funding proceeds to NextGenVC with a goal of doing one deal within the first 12 months and 3 deals in the subsequent year. Our earlier deals will be industry and Fintech focused. This will include software and financial services companies, possibly a community bank. High preference is given to situations that are perfectly aligned with our strategic paths. We are broad enough to have many choices. I am now actively working on expanding our professional team which could include outside partners. Joe has been very busy in working to identify all viable software development firms in the Chicagoland area. We will be meeting with a few of them this week. Tim is working on a Pitch Deck and finishing the White Paper. With so much going on, we may need an executive office in Chicago next year. DNotes will be very different a year from now. Our top three priorities are: launch DNotes 2.0, launch a funding campaign utilizing Reg. D 506 (c) with a subsequent Reg. A+ mini IPO Title IV Tier 2 to raise a maximum of $50 million from accredited and non-accredited investors worldwide, Launch NextGenVC with a team of management and technology consultants, backed with investable capital. We are totally committed to make all these happen in 2018, and let the price of DNotes take care of itself. |
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As the value of Bitcoin and digital currencies continued to increase at break-neck pace, governments around the world will want to regulate them like money, regardless of how they labeled them. Perhaps any single transaction valued $10,000 or more will trigger some reporting. I hope that they will leave the lower threshold alone. |
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Wow, you guys are really stepping up for me. Great discussions. Thank you.
The commitments have been made. We are now actively working on our funding using Reg. A+ mini IPO Title IV Tire 2 to raise up to $50 million from accredited and non-accredited investors worldwide next year. This is a big project that need a lot of professional involvement, making it quite expensive. Accordingly, we are considering offering a Reg. D 506 (c), available only to accredited investors to fund the mini IPO. This is a common strategy and encouraged by the SEC.
I am extremely busy focusing on the most critical issues and getting the most important things going as quickly as possible. We have already retained the services of Laura Anthony of Legal & Compliance, LCC and I will be selecting an accounting and PCAOB auditing compliance firm next week.
Joe and I have been combing the entire Chicagoland area in search of the best software development team to work with us. We will be interviewing several companies that have expressed a strong interest. We are also planning to hire one or more qualified software engineers as part of our expansion project.
Yes, we are totally committed to making DNotes a technology leader. This is a multiyear project aimed at creating a fully integrated ecosystem most favorable for mainstream acceptance of DNotes. Our priority is to launch DNotes 2.0, migrating from Proof of Work to Proof of Stake. Following that multiple projects will be initiated to work in parallel with strong emphasis to support NextGenVC and our clients.
NextGenVC’s core mission is to assist early growth stage, and established companies with great growth potential but constrained by other issues. NextGenVC has multiple missions: raise adequate funding to solve multiple deficiencies; introduce clients to digital currency and blockchain technologies; revitalize corporate culture and more by the book “Improve Your Odds – The Four Pillars of Business Success.”
DNotes is uniquely different. It is more than a digital currency but a complete system with many critical parts. I can not solve any of the Bitcoin problems as they are, but I am confident that, having been built from the ground up over the last four years, DNotes will solve most of the problems inherent to Bitcoin and other digital currencies. DNotes will prevail because of our clearly articulated vision and relentless commitments. It has not been easy to understand the DNotes' business model, but it wouldn't be long. Many other parts are coming together to form a clear picture by early next year.
That's great news to hear that things are moving forward. I'm not an accredited investor, but definitely would like to participate in the mini IPO, so please keep me in the loop as that gets closer to launching. Certainly. We will be keeping everyone in the loop. Our philosophy has always been to make DNotes accessible to anyone worldwide to participate. Our mini IPO will make it possible for us to legally reach-out to accredited and non-accredited investors worldwide. We will be filling a registration statement with the SEC early next year. It typically takes 4 to 5 months to be "qualified" under SEC rules. We can start our promotions earlier but can only accept any investment after we are qualified. There is virtually no barrier for anyone to participate in the DNotes project. We are making it possible for investors to have the best of both worlds; at liberty to participate in one or both - DNotes or DNotes Global shares, or both. Today one can invest $20 to purchase 1,000 DNotes on one the exchanges that lists DNotes. Once qualified by the SEC the same investor can purchase $200 of DNotes Global, Inc. shares at the same fixed price for everyone irrespective of the size of the investment. And every DNotes investor owns some amount of DNotes Global, Inc. This could be the best model for retail investors who are normally left out. Alan this was truly amazing foresight. You have positioned DNotes to be a currency on the straight and narrow, in an industry full of scoundrels who are soon in for an unanticipated uphill battle vs the long arm of the law; and this was accomplished while still retaining DNotes' ability to adopt the most useful and innovative technology. I think a big part of the reason why some people in and out of our industry may not be realizing how starkly different DNotes is from the everyday cryptocurrency, is because there are so many moving parts that are still highly imperceptible to the untrained eye. Thanks, Brandon. I think all your statements are very true. This is our turn, as a community, let's see how we can fine tune our message and get words out. We can use a few objective and unbiased articles addressing relevant issues. Could you please elaborate on this a bit so everyone is clear? There may be someone in the community that could help out by contributing an article.  Are the articles for the promotion of DNotes? Or, does the "objective and unbiased" mean the article is 'coinless'? In "addressing relevant issues", are you looking for material on issues that DNotes 2.0 will address? Any specific issues or ideas? Thanks, Chase. I left it open-ended on purpose. I had a conversation with Joe on this subject earlier. He will be coordinating to encourage our community to start working on a list of subject matters to cover - using multiple print media and social media platforms. This should include articles for DCEBrief, DNotesEDU, LiknedIn, Blog Posts, Facebook and other social media. Additionally, we will be issuing press releases 2 to 4 times a month beginning in January. I envision that we will have a press release update on each of our ecosystem, as well as our family of CRISPs. They are all just as relevant today; in fact even more so. This is the time we need our community to pitch in the most. Free free to share any ideas you may have. Thanks. Thank you Alan, the team at DNotesEDU is working very hard on new content to be released around the time of DNotes 2.0 launch. Help from our supporters is greatly appreciated! There will be some highly fulfilling positions available at DNotesEDU for suitable candidates in the not too distant future, and preference will be given to those who have already begun to develop a working relationship with DNotesEDU. Thank you, DNotesEDU. We are very fortunate to have your support and deeply appreciate your valuable contributions in many ways. Feel free to let me know if there is anything that I can be of help. |
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Wow, you guys are really stepping up for me. Great discussions. Thank you.
The commitments have been made. We are now actively working on our funding using Reg. A+ mini IPO Title IV Tire 2 to raise up to $50 million from accredited and non-accredited investors worldwide next year. This is a big project that need a lot of professional involvement, making it quite expensive. Accordingly, we are considering offering a Reg. D 506 (c), available only to accredited investors to fund the mini IPO. This is a common strategy and encouraged by the SEC.
I am extremely busy focusing on the most critical issues and getting the most important things going as quickly as possible. We have already retained the services of Laura Anthony of Legal & Compliance, LCC and I will be selecting an accounting and PCAOB auditing compliance firm next week.
Joe and I have been combing the entire Chicagoland area in search of the best software development team to work with us. We will be interviewing several companies that have expressed a strong interest. We are also planning to hire one or more qualified software engineers as part of our expansion project.
Yes, we are totally committed to making DNotes a technology leader. This is a multiyear project aimed at creating a fully integrated ecosystem most favorable for mainstream acceptance of DNotes. Our priority is to launch DNotes 2.0, migrating from Proof of Work to Proof of Stake. Following that multiple projects will be initiated to work in parallel with strong emphasis to support NextGenVC and our clients.
NextGenVC’s core mission is to assist early growth stage, and established companies with great growth potential but constrained by other issues. NextGenVC has multiple missions: raise adequate funding to solve multiple deficiencies; introduce clients to digital currency and blockchain technologies; revitalize corporate culture and more by the book “Improve Your Odds – The Four Pillars of Business Success.”
DNotes is uniquely different. It is more than a digital currency but a complete system with many critical parts. I can not solve any of the Bitcoin problems as they are, but I am confident that, having been built from the ground up over the last four years, DNotes will solve most of the problems inherent to Bitcoin and other digital currencies. DNotes will prevail because of our clearly articulated vision and relentless commitments. It has not been easy to understand the DNotes' business model, but it wouldn't be long. Many other parts are coming together to form a clear picture by early next year.
That's great news to hear that things are moving forward. I'm not an accredited investor, but definitely would like to participate in the mini IPO, so please keep me in the loop as that gets closer to launching. Certainly. We will be keeping everyone in the loop. Our philosophy has always been to make DNotes accessible to anyone worldwide to participate. Our mini IPO will make it possible for us to legally reach-out to accredited and non-accredited investors worldwide. We will be filling a registration statement with the SEC early next year. It typically takes 4 to 5 months to be "qualified" under SEC rules. We can start our promotions earlier but can only accept any investment after we are qualified. There is virtually no barrier for anyone to participate in the DNotes project. We are making it possible for investors to have the best of both worlds; at liberty to participate in one or both - DNotes or DNotes Global shares, or both. Today one can invest $20 to purchase 1,000 DNotes on one the exchanges that lists DNotes. Once qualified by the SEC the same investor can purchase $200 of DNotes Global, Inc. shares at the same fixed price for everyone irrespective of the size of the investment. And every DNotes investor owns some amount of DNotes Global, Inc. This could be the best model for retail investors who are normally left out. Alan this was truly amazing foresight. You have positioned DNotes to be a currency on the straight and narrow, in an industry full of scoundrels who are soon in for an unanticipated uphill battle vs the long arm of the law; and this was accomplished while still retaining DNotes' ability to adopt the most useful and innovative technology. I think a big part of the reason why some people in and out of our industry may not be realizing how starkly different DNotes is from the everyday cryptocurrency, is because there are so many moving parts that are still highly imperceptible to the untrained eye. Thanks, Brandon. I think all your statements are very true. This is our turn, as a community, let's see how we can fine tune our message and get words out. We can use a few objective and unbiased articles addressing relevant issues. Could you please elaborate on this a bit so everyone is clear? There may be someone in the community that could help out by contributing an article. Are the articles for the promotion of DNotes? Or, does the "objective and unbiased" mean the article is 'coinless'? In "addressing relevant issues", are you looking for material on issues that DNotes 2.0 will address? Any specific issues or ideas? Thanks, Chase. I left it open-ended on purpose. I had a conversation with Joe on this subject earlier. He will be coordinating to encourage our community to start working on a list of subject matters to cover - using multiple print media and social media platforms. This should include articles for DCEBrief, DNotesEDU, LiknedIn, Blog Posts, Facebook and other social media. Additionally, we will be issuing press releases 2 to 4 times a month beginning in January. I envision that we will have a press release update on each of our ecosystem, as well as our family of CRISPs. They are all just as relevant today; in fact even more so. This is the time we need our community to pitch in the most. Free free to share any ideas you may have. Thanks. |
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Wow, you guys are really stepping up for me. Great discussions. Thank you.
The commitments have been made. We are now actively working on our funding using Reg. A+ mini IPO Title IV Tire 2 to raise up to $50 million from accredited and non-accredited investors worldwide next year. This is a big project that need a lot of professional involvement, making it quite expensive. Accordingly, we are considering offering a Reg. D 506 (c), available only to accredited investors to fund the mini IPO. This is a common strategy and encouraged by the SEC.
I am extremely busy focusing on the most critical issues and getting the most important things going as quickly as possible. We have already retained the services of Laura Anthony of Legal & Compliance, LCC and I will be selecting an accounting and PCAOB auditing compliance firm next week.
Joe and I have been combing the entire Chicagoland area in search of the best software development team to work with us. We will be interviewing several companies that have expressed a strong interest. We are also planning to hire one or more qualified software engineers as part of our expansion project.
Yes, we are totally committed to making DNotes a technology leader. This is a multiyear project aimed at creating a fully integrated ecosystem most favorable for mainstream acceptance of DNotes. Our priority is to launch DNotes 2.0, migrating from Proof of Work to Proof of Stake. Following that multiple projects will be initiated to work in parallel with strong emphasis to support NextGenVC and our clients.
NextGenVC’s core mission is to assist early growth stage, and established companies with great growth potential but constrained by other issues. NextGenVC has multiple missions: raise adequate funding to solve multiple deficiencies; introduce clients to digital currency and blockchain technologies; revitalize corporate culture and more by the book “Improve Your Odds – The Four Pillars of Business Success.”
DNotes is uniquely different. It is more than a digital currency but a complete system with many critical parts. I can not solve any of the Bitcoin problems as they are, but I am confident that, having been built from the ground up over the last four years, DNotes will solve most of the problems inherent to Bitcoin and other digital currencies. DNotes will prevail because of our clearly articulated vision and relentless commitments. It has not been easy to understand the DNotes' business model, but it wouldn't be long. Many other parts are coming together to form a clear picture by early next year.
That's great news to hear that things are moving forward. I'm not an accredited investor, but definitely would like to participate in the mini IPO, so please keep me in the loop as that gets closer to launching. Certainly. We will be keeping everyone in the loop. Our philosophy has always been to make DNotes accessible to anyone worldwide to participate. Our mini IPO will make it possible for us to legally reach-out to accredited and non-accredited investors worldwide. We will be filling a registration statement with the SEC early next year. It typically takes 4 to 5 months to be "qualified" under SEC rules. We can start our promotions earlier but can only accept any investment after we are qualified. There is virtually no barrier for anyone to participate in the DNotes project. We are making it possible for investors to have the best of both worlds; at liberty to participate in one or both - DNotes or DNotes Global shares, or both. Today one can invest $20 to purchase 1,000 DNotes on one the exchanges that lists DNotes. Once qualified by the SEC the same investor can purchase $200 of DNotes Global, Inc. shares at the same fixed price for everyone irrespective of the size of the investment. And every DNotes investor owns some amount of DNotes Global, Inc. This could be the best model for retail investors who are normally left out. Alan this was truly amazing foresight. You have positioned DNotes to be a currency on the straight and narrow, in an industry full of scoundrels who are soon in for an unanticipated uphill battle vs the long arm of the law; and this was accomplished while still retaining DNotes' ability to adopt the most useful and innovative technology. I think a big part of the reason why some people in and out of our industry may not be realizing how starkly different DNotes is from the everyday cryptocurrency, is because there are so many moving parts that are still highly imperceptible to the untrained eye. Thanks, Brandon. I think all your statements are very true. This is our turn, as a community, let's see how we can fine tune our message and get words out. We can use a few objective and unbiased articles addressing relevant issues. |
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"You raise an excellent point here. I'd never actually connected the emerging Bitcoin derivative market with its high transaction fees." That is a really good point. The current futures market itself doesn't have bitcoin transactions, but this is just the beginning of long stream of cryptocurrency related financial products coming to market. There may also be bitcoin futures contracts taken out by those that are perhaps hedging their bitcoin holdings, or want some exposure to it and for one reason or another can't hold it themselves... yet. When these derivatives and other financial products start holding these currencies, the volume of transactions will go through the roof. The futures market is an expensive place for speculation, with the price of one contract (Cboe) equal to the current value of bitcoin (CME Group's contract is equal to 5 bitcoin). With a 44% margin, and margin calls if the price goes down, it is out of the affordability picture for most people. Things will settle down with more competition and the possible addition of mini-contracts. When products resembling mutual funds arrive on the scene, I think we will finally see true mainstream adoption. More futures trading is arriving: "TD Ameritrade, the largest futures operation of any online brokerage, is going to allow bitcoin futures trading on its platform starting Monday." https://www.cnbc.com/2017/12/15/bitcoin-futures-are-about-to-get-another-big-boost.html I always laugh when I learn about all those Bitcoin related financial products that I can't afford to get into if I wanted to, especially when I realize those products are built on the activities of people just like me over the past eight years. After all the ways that cryptos have made me richer, I'm still priced out of so many crypto-related financial products coming on the scene. It's just weird. Just be patience. You may get what you are asking for. Then you can write a book, "How I made my first $1 million in the crypto world to become an Accredited Investor." Need a Co-author??? LOL. |
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Wow, you guys are really stepping up for me. Great discussions. Thank you.
The commitments have been made. We are now actively working on our funding using Reg. A+ mini IPO Title IV Tire 2 to raise up to $50 million from accredited and non-accredited investors worldwide next year. This is a big project that need a lot of professional involvement, making it quite expensive. Accordingly, we are considering offering a Reg. D 506 (c), available only to accredited investors to fund the mini IPO. This is a common strategy and encouraged by the SEC.
I am extremely busy focusing on the most critical issues and getting the most important things going as quickly as possible. We have already retained the services of Laura Anthony of Legal & Compliance, LCC and I will be selecting an accounting and PCAOB auditing compliance firm next week.
Joe and I have been combing the entire Chicagoland area in search of the best software development team to work with us. We will be interviewing several companies that have expressed a strong interest. We are also planning to hire one or more qualified software engineers as part of our expansion project.
Yes, we are totally committed to making DNotes a technology leader. This is a multiyear project aimed at creating a fully integrated ecosystem most favorable for mainstream acceptance of DNotes. Our priority is to launch DNotes 2.0, migrating from Proof of Work to Proof of Stake. Following that multiple projects will be initiated to work in parallel with strong emphasis to support NextGenVC and our clients.
NextGenVC’s core mission is to assist early growth stage, and established companies with great growth potential but constrained by other issues. NextGenVC has multiple missions: raise adequate funding to solve multiple deficiencies; introduce clients to digital currency and blockchain technologies; revitalize corporate culture and more by the book “Improve Your Odds – The Four Pillars of Business Success.”
DNotes is uniquely different. It is more than a digital currency but a complete system with many critical parts. I can not solve any of the Bitcoin problems as they are, but I am confident that, having been built from the ground up over the last four years, DNotes will solve most of the problems inherent to Bitcoin and other digital currencies. DNotes will prevail because of our clearly articulated vision and relentless commitments. It has not been easy to understand the DNotes' business model, but it wouldn't be long. Many other parts are coming together to form a clear picture by early next year.
That's great news to hear that things are moving forward. I'm not an accredited investor, but definitely would like to participate in the mini IPO, so please keep me in the loop as that gets closer to launching. Certainly. We will be keeping everyone in the loop. Our philosophy has always been to make DNotes accessible to anyone worldwide to participate. Our mini IPO will make it possible for us to legally reach-out to accredited and non-accredited investors worldwide. We will be filling a registration statement with the SEC early next year. It typically takes 4 to 5 months to be "qualified" under SEC rules. We can start our promotions earlier but can only accept any investment after we are qualified. There is virtually no barrier for anyone to participate in the DNotes project. We are making it possible for investors to have the best of both worlds; at liberty to participate in one or both - DNotes or DNotes Global shares, or both. Today one can invest $20 to purchase 1,000 DNotes on one the exchanges that lists DNotes. Once qualified by the SEC the same investor can purchase $200 of DNotes Global, Inc. shares at the same fixed price for everyone irrespective of the size of the investment. And every DNotes investor owns some amount of DNotes Global, Inc. This could be the best model for retail investors who are normally left out. |
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Wow, you guys are really stepping up for me. Great discussions. Thank you.
The commitments have been made. We are now actively working on our funding using Reg. A+ mini IPO Title IV Tire 2 to raise up to $50 million from accredited and non-accredited investors worldwide next year. This is a big project that need a lot of professional involvement, making it quite expensive. Accordingly, we are considering offering a Reg. D 506 (c), available only to accredited investors to fund the mini IPO. This is a common strategy and encouraged by the SEC.
I am extremely busy focusing on the most critical issues and getting the most important things going as quickly as possible. We have already retained the services of Laura Anthony of Legal & Compliance, LCC and I will be selecting an accounting and PCAOB auditing compliance firm next week.
Joe and I have been combing the entire Chicagoland area in search of the best software development team to work with us. We will be interviewing several companies that have expressed a strong interest. We are also planning to hire one or more qualified software engineers as part of our expansion project.
Yes, we are totally committed to making DNotes a technology leader. This is a multiyear project aimed at creating a fully integrated ecosystem most favorable for mainstream acceptance of DNotes. Our priority is to launch DNotes 2.0, migrating from Proof of Work to Proof of Stake. Following that multiple projects will be initiated to work in parallel with strong emphasis to support NextGenVC and our clients.
NextGenVC’s core mission is to assist early growth stage, and established companies with great growth potential but constrained by other issues. NextGenVC has multiple missions: raise adequate funding to solve multiple deficiencies; introduce clients to digital currency and blockchain technologies; revitalize corporate culture and more by the book “Improve Your Odds – The Four Pillars of Business Success.”
DNotes is uniquely different. It is more than a digital currency but a complete system with many critical parts. I can not solve any of the Bitcoin problems as they are, but I am confident that, having been built from the ground up over the last four years, DNotes will solve most of the problems inherent to Bitcoin and other digital currencies. DNotes will prevail because of our clearly articulated vision and relentless commitments. It has not been easy to understand the DNotes' business model, but it wouldn't be long. Many other parts are coming together to form a clear picture by early next year.
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Why is such a meaningful project always around $ 0.01? Up to over 0.2 US dollars, 20 times the difference is what caused? Is there any good news lately?
Historically, DNotes has often been undervalued relative to its industry peers. Being recently delisted from Poloniex Exchange was certainly not helpful. Until DNotes 2.0 is successfully launched, it is a waiting exercise to be listed on other larger exchanges. DNotes is more than just a digital currency. It is supported by an integrated ecosystem under the leadership and management of an incorporated company - DNotes Global, Inc. DNotes' stakeholders collectively own 25% of the company. This is unique in our industry and our solution to integrating the new decentralized space with our centralized world. This concept may be to foreign or too new for most people to understand. Just like the way Bitcoin got started. Satoshi Nakamoto pointed in the early days that Bitcoin was going to be worth a lot or worth nothing; I will say the same thing about DNotes with a twist: " In 5 years, DNotes will be worth a lot as one of the most valuable business models by doing the right, the right way, at the right time or worth nothing because that didn't matter. Of course, I am betting that it matters and giving it all I got. We are stepping up to tell our story with a major funding campaign to raise up to $50 million worldwide from accredited and non-accredited investors using Reg. A+ Mini IPO Title IV Tier 2. over a 12 months period. That could be our best news for 2018. |
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