That's an interesting article. I have been personally puzzled by the rush to invest in lots of different ICOs or even a new coin that looks flashy. I picked some new coins to invest in back in 2014, including DNotes, and what's funny is that two of those coins I picked back then I'm still investing in now, and they're like old coins. I've picked up one new coin since then whose future is up in the air but other than that, I'm sticking with the tried and true ones, and trying to add to my holdings as much as I can. One thing that truly puzzles me is the Ethereum phenomenon, and I'm wondering if anyone here would like to comment on it. I avoided Ethereum for the longest time because every time I heard something about it, it was bad. Smart contracts getting hacked, millions of Dollars worth getting lost or held up somewhere in the etherspace where no one could find them until they sort of wandered back home. I wanted nothing to do with it. If I heard of an interesting ICO, I'd look into it and as soon as I learned it was ethereum based I'd drop it like a hot potato. I recently got into the position where I own two different ETH based tokens (one because I thought it was a NEM token and the other because I was kind of forced to--long story). So I finally tried to get a wallet and my first attempt failed repeatedly, until I finally switched to a different wallet. It works, but is very clunky. I guess what I don't understand is how a coin that is so awful can be priced so high and be so popular per coinmarketcap. That's the part I truly do not understand. Why is Ethereum where it is, and not one of a half dozen other coins that do smart contracts and wallets far better? |
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I just reached the 200 trades. I was going to upgrade until I saw the ridiculous price. Wow, I'm doing the same thing now with BitcoinTaxes for a tenth of the cost.
Yeah, it's ridiculously expensive if you want to upgrade. Such a nice software too... too bad. Thanks for the tip about Bitcoin Tax. It may turn out that I need the deluxe service (with the very deluxe price!) advertised here. However, for $20 I'm willing to try the cheaper service and see if it will meet my needs. If it doesn't I'm out $20 and will be back on CoinTracking to upgrade my account. If it does meet my needs, then I will have just saved myself around $400. |
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Thanks for the heads up about Free Bitcoin, I wasn't going to get involved in Faucets, but that doesn't seem too bad.
You're welcome. I just discovered Free Bitcoin has a Bitcoin mining function as well. I'm trying it out now just for fun, though I know I'm not going to get much trying to mine Bitcoin with a laptop. |
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Ah didn't see anything about the payout frequency. Once a week probably isn't enough to be worth it over POS
The advantage is not so much that it's more profitable as much as that it's more predictable. It's a good option if you don't have enough DMD to set up your own Masternode. If you're relying on the income, you want it to be predictable. If you view it as an investment, POS might at some times be more profitable, but it tends to pay out in a more erratic way. |
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Does this mean that the BNK token can also live on the NEM block chain (and pay didvidends in XEM)? That would be preferable to it living on the ETH block chain. I'm glad that Spectrocoin now supports XEM, and I hope that's just the first step. |
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Miningfield Masternode Renting and Shared Masternode PoolsAfter the transaction of DMD Diamond to a 100% PoS Coin, Miningfield DMD PoW pool was replaced/Upgraded to a Shared Masternode Pool system. There is also a Masternode renting system, so you can have your masternode up and running, without complications, in no time, thanks to danbi. You can check services here: https://dmdmn.miningfield.comCurrently there are 3 Shared Masternode Pools running and there is a pre-order form to fill spots from users leaving the Pools or to create a new Pool, incase there are enougth pre-orders. If you are interested in joining the shared masternode pools, you can pre-order your shares (no payment needed) here: https://dmdmn.miningfield.com/bshare.phpYou can read more information on how it works here: https://dmdmn.miningfield.com/info.htmlLuis Fonseca Miningfield Admin When the PoS phase will be started? Staking seems to be good feature, which is good for both stakers in terms of profit and for environmental sustainable development. By staking, we can save more energy, which in turn reduce carbon emission from power production. POS is already underway. You just have to run the wallet unlocked for staking and annonymization. |
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Hey guys for anyone interested, spectrocoin.com added support for NEM. Now it is possible to top up virtual and plastic debit cards in USD/EUR/GBP using your XEM. Not a huge news but I think it's good to have more usage for them.
I'm wondering if that means that the BNK token will also live on the NEM block chain. That was my initial impression when I bought in. I've replied to their email announcement asking this question. I'll let you know what I find out. |
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What a great idea to chronicle your journey into the cryptocoin industry on this forum. Since you're new I thought I'd mention that I've started a thread where I provide a fresh tip on navigating this field successfully every few days or so. It's probably going at a slower pace than where you're at, but you might find it helpful. The invitation to check it out is open to everyone else on this thread, especially if you're new to cryptocoins and would like some guidance  |
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Tip #4: Register a FreeBitcoin accountFree Bitcoin started off as a simple Bitcoin faucet. You registered a Bitcoin address (such as your Coinbase address), you solved a puzzle and clicked on the "roll" button and a small amount of BTC was added to your account. You could then return in an hour and roll again. Free Bitcoin still works like that, and if you roll often (up to once every hour) you might get lucky and win one of the larger prizes. But Free Bitcoin is more than just a faucet. There's a gambling component too, which I recommend you ignore. The really exciting feature on Free Bitcoin is that your account also acts like a very flexible interest bearing savings wallet once your balance reaches 30,000 satoshi, or 0.0003 BTC. Free Bitcoin's interest rate is currently 4.08 percent. By way of comparison this morning I visited a local bank in the US and was told the interest rate on a business checking account is 0.05%. Your Free Bitcoin account comes with its own deposit address. This means that if you have a small amount of Bitcoin sitting somewhere else, you can deposit it to your Free Bitcoin wallet and it will earn daily compounding interest. You should consider depositing at least enough to get your balance up to 0.0003 BTC so you can begin earning daily interest. When you need to withdraw funds, you have two withdraw options. One is an expensive immediate withdrawal. The other is a slow (6 to 24 hr) very low fee withdrawal. With enough planning ahead the slow option will work fine. In my experience the wait time is six hours or less. One thing to keep in mind when using services like Free Bitcoin and Coinbase is that although you can control the funds that go to the addresses you are assigned on those services, you do not get the private keys for those addresses, so in that sense you really do not have full control of your funds. All this means is that if the service is unreliable you could lose complete access to your funds. I personally consider both Coinbase and Free Bitcoin to be stable and reliable, and for that reason I'm happy to recommend them anyway. However, you should start your experience with Free Bitcoin using a small amount of BTC and then as you get more comfortable with it you can add more BTC to your account in order to get earn more interest. You do not have to do anything to earn the daily interest. To get the faucet earnings, you do need to log in and roll. I'm going to recommend at least one other Bitcoin faucet on this thread, so this is a good time for some words of wisdom about faucets. Faucets are advertising sites which dispense small amounts of cryptocurrency as an incentive for traffic. There are lots of Bitcoin faucets out there, and they can be fun to visit. You will not get rich on faucet earnings unless the faucet is a lottery and you happen to score a big prize. With that said, I believe that spending a bit of time visiting faucets is a valuable learning experience especially when you're new. However small the amount, the faucets do give you some Bitcoin and when you have an actual balance to deal with it starts to make more sense. You start to get good at doing math to the eighth decimal place. You might get curious about what the Dollar value of your balance is, so you start checking sites like Coin Marketcap and then do the math to figure it out on an actual balance that you hold. It's a given that you will go through a stage where you visit faucets. You might visit just one or two several times a day or you might spend hours at a time visiting a lot of them. At some point you'll probably do the math and figure out that you're earning substantially less than minimum wage doing it, but that's OK, because it's part of the education process. Start visiting the Free Bitcoin faucet as often as you'd like (up to once an hour). When you decide to venture out into other faucets, then use your Free Bitcoin deposit address as the claim address. In this way, all your faucet earnings funnel into a single interest bearing address.
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Hello,
Is there any way to export the transactions history from the old wallet to the new one?
That is a really good question and that would be a useful utility. I'd like to know too |
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Hi all. Just a brief post to let you know that World Funding Summit was a fantastic success. DNotes’ presence was felt - with respect and admiration. I just got home for a few hours, rather exhausted, without sleep for the last 36 hours. Joe should be home by now. He was a huge help. We will be providing more details later and will be providing some video clips in a day or two.
I have been to many industry conventions and was a speaker at many of them. This one exceeded my highest expectation. It was dominated by some of the brightest minds and surprisingly came to similar conclusions, by an overwhelming majority, on almost all issues discussed.
Tokens are securities, with no known exception. Utility tokens, while technically possible, are rare and perhaps nonexistence. Sales of securities in the United States that are not registered, or exempt are illegal. ICOs, in their current forms are very high risk to the issuers and investors.
However, there are viable alternatives as mentioned in one of my earlier posts:
“Use Use Regulation A+ Mini-IPO of Title IV Tier II of the JOBS Act
I believe that this is the most viable funding option for DNotes Global, Inc. Reg A+, Title IV, Tier II allows a private growth-stage company like DNotes Global, Inc. to raise up to $50 million from American and foreign investors.
Like an IPO DNotes Global can offer shares to the public; domestic and foreign, and not just accredited investors. However, we will have to submit a filing with audited statements with the SEC and be granted approval before launching a mini-IPO. The complexities, cost, time, and reporting requirements will be significantly less burdensome than a traditional IPO. With the resources, I believe that from the time we make a commitment it can be done in six months.
A concurrent Reg. D & Reg S Initial Coin Offering
Reg D is a United States Federal program created under the Securities Act of 1933, and adopted in 1982. It involves a private placement memorandum designed to provide an exemption for companies to sell securities under certain rules to accredited investors without registration of the securities.
Regulation D consists of 9 Rules with 3 “Basic” exemption Rules. Reg D Rule 506(c) exempts offerings that are sold to investors who have been verified as accredited investors. Reg S exempts offerings made to non-US residents. They both allow for general solicitation and advertising essential to ICOs marketed globally. With professional guidance done correctly, Reg S ICO launched side-by-side with Reg D is a viable option, especially for our clients in the future”.
I believe that this is the most viable funding option for DNotes Global, Inc. Reg A+, Title IV, Tier II allows a private growth-stage company like DNotes Global, Inc. to raise up to $50 million from American and foreign investors.
Like an IPO DNotes Global can offer shares to the public; domestic and foreign, and not just accredited investors. However, we will have to submit a filing with audited statements with the SEC and be granted approval before launching a mini-IPO. The complexities, cost, time, and reporting requirements will be significantly less burdensome than a traditional IPO. With the resources, I believe that from the time we make a commitment it can be done in six months.
A concurrent Reg. D & Reg S Initial Coin Offering
Reg D is a United States Federal program created under the Securities Act of 1933, and adopted in 1982. It involves a private placement memorandum designed to provide an exemption for companies to sell securities under certain rules to accredited investors without registration of the securities.
Regulation D consists of 9 Rules with 3 “Basic” exemption Rules. Reg D Rule 506(c) exempts offerings that are sold to investors who have been verified as accredited investors. Reg S exempts offerings made to non-US residents. They both allow for general solicitation and advertising essential to ICOs marketed globally. With professional guidance done correctly, Reg S ICO launched side-by-side with Reg D is a viable option, especially for our clients in the future”.
We are quite certain that DNotes Global, Inc. will launch a Regulation A+ Mini-IPO of Title IV Tier II of the JOBS Act. It is now in our front burner. 2018 will be an amazing year for DNotes. It has been a long and demanding path that we have chosen but the right path. ICO debacle seems to make it easier for others to understand the DNote’s vision and while we stayed clear of ICOs. We are here for the long-term and the mutual benefits of everyone. “Where we are now matters far less than where we are going from here” Alan Yong.
Hi, wow $50 million is a lot money. I'm just wonder how people can give that much money to a crypto currency. How much evaluation of Dnotes Global inc? Thanks you, Kopes18. You asked a great question. Please hold that question for later - may be months later. We should not get ahead of ourselves. I will be working with a number of professional in the appropriate fields to make sure that we are doing all the right things. In the meantime, those who like to follow us more seriously as to why we have chosen A+ Mini-IPO please make an attempt to learn all about it by doing your research - Regulation A+ Mini-IPO of Title IV Tier II of the JOBS Act. Please feel free to ask specific questions that are relevant to the subjects. Let us is be absolutely clear here. It is DNotes Global, Inc. (a Delaware "C" corporation incorporated on April 1,2017) that will be launching the A+ Mini IPO. I am currently the sole owner of the corporation with a firm commitment to give 25% of the ownership to DNotes' stakeholders using the most appropriate ownership structures as recommended by our legal professional. So far using a foundation is a preference. This is new and untested. It is best to wait and do it right. For the record, it is also important to note that the 25% ownership will be subject to dilution as we raise additional funding, including the proposed A+ Mini-IPO. Please bear in mind that we have just created a brave new and confusing "Decentralized World" not that many years ago. It is an autonomous leaderless world that is self-governed by algorithm with no central authority. Yet, ironically, it must continue to interface with the centralized world. DNotes happened to recognize the new realities from day one and planned our road-map accordingly. Dyna, your commitment to giving 25% of the ownership of DNotes Global to DNotes stakeholders is something you've maintained for a long time. It will be interesting to see how it plays out. Cryptocurrencies have brought us so many new ways to do business, to transact, to think about money. It is exciting to be a part of this world, to be a player in this industry. I want you to know that last night I picked up over 17,000 more DNotes. To me, the low price is a great buying opportunity, one that I'm sure no one will want to miss, one that won't last long. Congratulations on all that you have accomplished so far! |
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Hi all. Just a brief post to let you know that World Funding Summit was a fantastic success. DNotes’ presence was felt - with respect and admiration. I just got home for a few hours, rather exhausted, without sleep for the last 36 hours. Joe should be home by now. He was a huge help. We will be providing more details later and will be providing some video clips in a day or two.
I have been to many industry conventions and was a speaker at many of them. This one exceeded my highest expectation. It was dominated by some of the brightest minds and surprisingly came to similar conclusions, by an overwhelming majority, on almost all issues discussed.
Tokens are securities, with no known exception. Utility tokens, while technically possible, are rare and perhaps nonexistence. Sales of securities in the United States that are not registered, or exempt are illegal. ICOs, in their current forms are very high risk to the issuers and investors.
However, there are viable alternatives as mentioned in one of my earlier posts:
“Use Use Regulation A+ Mini-IPO of Title IV Tier II of the JOBS Act
I believe that this is the most viable funding option for DNotes Global, Inc. Reg A+, Title IV, Tier II allows a private growth-stage company like DNotes Global, Inc. to raise up to $50 million from American and foreign investors.
Like an IPO DNotes Global can offer shares to the public; domestic and foreign, and not just accredited investors. However, we will have to submit a filing with audited statements with the SEC and be granted approval before launching a mini-IPO. The complexities, cost, time, and reporting requirements will be significantly less burdensome than a traditional IPO. With the resources, I believe that from the time we make a commitment it can be done in six months.
A concurrent Reg. D & Reg S Initial Coin Offering
Reg D is a United States Federal program created under the Securities Act of 1933, and adopted in 1982. It involves a private placement memorandum designed to provide an exemption for companies to sell securities under certain rules to accredited investors without registration of the securities.
Regulation D consists of 9 Rules with 3 “Basic” exemption Rules. Reg D Rule 506(c) exempts offerings that are sold to investors who have been verified as accredited investors. Reg S exempts offerings made to non-US residents. They both allow for general solicitation and advertising essential to ICOs marketed globally. With professional guidance done correctly, Reg S ICO launched side-by-side with Reg D is a viable option, especially for our clients in the future”.
I believe that this is the most viable funding option for DNotes Global, Inc. Reg A+, Title IV, Tier II allows a private growth-stage company like DNotes Global, Inc. to raise up to $50 million from American and foreign investors.
Like an IPO DNotes Global can offer shares to the public; domestic and foreign, and not just accredited investors. However, we will have to submit a filing with audited statements with the SEC and be granted approval before launching a mini-IPO. The complexities, cost, time, and reporting requirements will be significantly less burdensome than a traditional IPO. With the resources, I believe that from the time we make a commitment it can be done in six months.
A concurrent Reg. D & Reg S Initial Coin Offering
Reg D is a United States Federal program created under the Securities Act of 1933, and adopted in 1982. It involves a private placement memorandum designed to provide an exemption for companies to sell securities under certain rules to accredited investors without registration of the securities.
Regulation D consists of 9 Rules with 3 “Basic” exemption Rules. Reg D Rule 506(c) exempts offerings that are sold to investors who have been verified as accredited investors. Reg S exempts offerings made to non-US residents. They both allow for general solicitation and advertising essential to ICOs marketed globally. With professional guidance done correctly, Reg S ICO launched side-by-side with Reg D is a viable option, especially for our clients in the future”.
We are quite certain that DNotes Global, Inc. will launch a Regulation A+ Mini-IPO of Title IV Tier II of the JOBS Act. It is now in our front burner. 2018 will be an amazing year for DNotes. It has been a long and demanding path that we have chosen but the right path. ICO debacle seems to make it easier for others to understand the DNote’s vision and while we stayed clear of ICOs. We are here for the long-term and the mutual benefits of everyone. “Where we are now matters far less than where we are going from here” Alan Yong.
I'm so glad to know that there is a legal workaround for US Citizens! That is really great news. Please keep me posted on the mini IPO and count me in. In the mean time, I'm taking advantage of this amazingly low price to stock up on more DNotes. Great to hear the world funding summit went so well |
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mmm i see a lot of post saying that nem price will rise a lot in the future, maybe already in 2018.
Do you really guys are not worried that after catapult annouce price is still so low?
I'm not worried because Catapult is not yet available for general use. It is still only available for Mijin customers. It will be used there first and then get released on the public NEM block chain. The price will probably reflect that either right before public release or very soon after. If you are on the fence about picking up a few more NEM, you probably don't want to wait too long. |
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DNotes 2.0 is a new blockchain with new features, that copies the ownership record of coins from the existing 1.0 chain. So if you have 5000 DNotes on 1.0 you can swap them automatically for 5000 DNotes 2.0 coins at our DNotes vault - www.dnotesvault.com. Alternatively we are planning other means of swapping coins from other wallets, where users can send us their old ones in exchange for the newer 2.0 coins. Everyone will have the same number of coins on the 2.0 chain as they had on the current blockchain. After 2.0 is launches, DNotes 2.0 will be "DNotes", and 1.0 won't be around anymore. We will honour swaps of old coins into 2.0 coins well into the future through the DNotesVault. We currently prefer not to do an ico because of the questionable regulatory environment surround them, and they attract a lot of the wrong kind of investors who just want to flip it after a few days. Our strategies are for the interests the long term project, and not for traders making a quick buck by dumping the moment Cound list on an exchange. This is not a new project, but the same one with a new blockchain. ICOs are much better for making money for developers with other people's money. DNotes' founders have spent a lot of their own money on the project so far, and no free coins are created and given to the team when DNotes 2.0 launches. We will be releasing a business plan / white paper (I have written the first draft - 5500 words, and am editing it) which will have more information on our ecosystem, and block reward structure etc. I don't want to set a date for official release at this time. But it has been written, and will potentially require some graphics etc. We may want to add or modify sections, so releasing a copy sooner and then updating it could be an idea we can consider. Written on my phone. Hopefully no errors. I, for one, really appreciate the well thought out methodical way that DNotes is going about this project. When you find a solid project like this, you can accumulate the coins here and there, hold onto them, and know that it will pay off big time in the future as the various milestones materialize. You don't have to go looking for too many other investments when you've found one like this. I suspect that once DNotes 2.0 is released the price will go up substantially. The same thing happened with Diamond Coin (DMD). Over the summer, it came out with Diamond 3.0 and the price really took off once the new wallet was in general use. DNotes is just as solid a project and I think much of that will be priced back in once the transition is over. So... if you're on the fence about picking up a few more DNotes, you probably don't want to wait too long |
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Unfortunately coinbase doesn't allow nonEU/US/CA residents to join.
But I've signed up for updates for my country - service looks reliable
I'm sorry to hear, and that's good to know. You'll have to research to see what your country has in terms of a gateway service between Bitcoin and national currency. Feel free to post here what you find out. |
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i think that it isnt necessary to withdraw to erc20 wallet for getting dividend. I ve understand that you can also keep it on spectrocoin... am i right??
You are correct, and I have been getting all my dividends paid to my SpectroCoin account. I'm asking it there is a way I can withdraw the tokens to my own wallet since I plan to keep them for a while |
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I was wondering if at some point I'd be able to send my BNK tokens to my Ethereum wallet so that I could receive my dividends there. As far as I can tell I've been receiving dividends on schedule and I had no problem withdrawing the ETH to my wallet.
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The price of Bitcoin and Ethereum will vary from day to day. You are fine to buy those coins at any price as long as it's not moving around too quickly at the time you are making your purchase. Ideally, the price will have been fairly stable for several hours or even more than a day. Then once you have bought your Bitcoin or Ethereum, you can then turn around and buy your altcoin fairly quickly, and you shouldn't suffer any ill effects from Bitcoin or Ethereum price fluctuations. The scenario you want to avoid is that situation where you are buying Bitcoin during a time the price is dropping rapidly. In that case your purchasing power for altcoins can quickly erode, as the altcoin prices will tend to increase relative to Bitcoin to keep pace with their normal US Dollar value. It's not nearly so bad if you buy Bitcoin during a time when its price is rapidly increasing, because then your altcoin purchasing power goes up as the altcoin price relative to Bitcoin will tend to drop. However, there are times when both the price of Bitcoin and the price of altcoins go up rapidly at the same time, and that can make trading very challenging. As long as you are buying altcoins, you want to look for the good ones. What makes a good altcoin? 1. It's been around for a while (new coins could turn out to be good but you don't know that yet). 2. Healthy community 3. More than one person on the development team 4. Coin has a plan beyond mere speculation 5. Coin has some value-added infrastructure 6. Coin has incentive for people to hold onto it (good proof of stake returns are the most common incentive) 7. Substantial amounts of the coin are kept off the open market (i.e., by people holding it or it being locked up in some way) There are a few good altcoins out there which are currently undervalued. One in particular is Diamond Coin (DMD). Check it out; do your homework. I believe you will find that DMD meets all the above requirements. |
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Success in this industry is a process. I'd like to draw your attention to a thread I've created where I'm giving a new tip on how to be successful with cryptocurrencies every couple days or so. I have three tips so far. They are meant to be followed in order. I am qualified to offer these tips because I myself have been successfully involved in the cryptocurrency industry since spring of 20213. Here is the thread I created. |
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I will admit to a bit of frustration as we watch non-functional vaporware platforms e.g., IOTA, NEO, skyrocket upward over the past week on non-news, while NEM/XEM languishes in neutral despite a steady stream of positive updates with substance. Now NEM seems destined to drift out of the top 10 marketcap, maybe even top 15 near term as heavily manipulated junk like HSR continue an inexplicable rise. NEM has a three year jump on all the clown coins suddenly cropping up around it, and it shows, hell most of them struggle to even have a working, secure wallet for their user base. Come-from-Beyond, the great and mighty Dev behind NXT, who recently farted out IOTA with its Tangle? Tangle is an apt description for Come-from-Beyond's creation seeing how the Dev team of NEM, led by Jaguar0625 had this to say about his spaghetti coding skills back in January 2014... https://bitcointalk.org/index.php?topic=426303.msg4674869#msg4674869Jaguar0625
Re: [NEM] NEM -New Economy Movement - No Envy Movement - Updates+Discussion thread
January 22, 2014, 11:23:27 PM
What makes NEM different from all the other NXT clones (like NEX) aside from the 4X more coins? Also, what is the timeframe for this project?
I think NXT can be overtaken by a clone because the NXT stakeholders have too much power and I think their greed could destroy the coin. So, I definitely support this NXT clone movement. The real question is which clone will be the best?
I'd rather take some of NXTs ideas and create a new coin from scratch because the NXT code is spaghetti. (And if we can get away from Java, the better Smiley).
My 2 cents.And with recent Catapult release the NEM team has fulfilled ever bit of the promise in Jaguar's final sentence. Frustrating  Look on the bright side. You still have the opportunity to buy NEM at highly undervalued prices. I'm looking to pick up some more this week. Once word gets out to the masses about what this coin can do, you're going to want to have bought all the NEM you're going to ever want to buy |
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