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821  Alternate cryptocurrencies / Announcements (Altcoins) / Re: DNotes 2.0 - Bridging the Gap Between the Centralized and Decentralized World on: July 03, 2017, 03:11:28 AM
I am now in that project with 1000 USD. But why the hell did the price went to 4151 SAT? Feeling kinda pissed, bought at 5900 SAT. Some bad news, rumors or what is the reason?

Hi, CO2! Nice to see you that you're a stakeholder in DNotes. I don't think anyone will be able to give you any sort of definitive answer as to why DNotes (along with dozens and dozens of other coins) has suffered a decline in trading value recently. I've read a great deal of analysis in recent days about the shakeup in the markets, and it seems as though no two analysts can really agree on what's driving the latest trend. Keep in mind, though, that there were nearly as many divergent opinions about  why prices skyrocketed weeks ago. The truth is that it's probably a combination of factors. Some of the ideas that have been tossed about include:

Fears about what a potential Bitcoin fork might mean for that coin's price - and altcoins in general

Profit-taking from larger investors, including institutional investors who probably helped spark the massive rally weeks ago

The recent trend in ICOs, and money flowing to those "investments"

And those are just a few of the possible causes for the recent decline in prices throughout the cryptocurrency universe. It's also reasonable to assume that there's just a natural caution that settles in after that sort of speculative rally, as people begin to suspect that they might be caught in a bubble environment that's inevitably going to pop. And market psychology plays a role as well. Just as the rally attracted new investors, a bearish move can discourage people from participating.

Those are all things that are largely outside of our control. As Dyna noted, however, DNotes is undervalued - especially in terms of its long-term potential as a core part of a broader ecosystem that is designed to solve actual real-world problems and improve real people's lives. Moreover, it's a coin that's backed by something tangible - namely, the profits from a for-profit, real-world company: DNotes Global Inc. That's not something that most altcoins can even begin to match.

When I was first introduced to DNotes, the coin was worth a fraction of a cent. Since then, it's increased in value dramatically - and that's before the entire ecosystem has even been rolled out.  The point is this: I think that you've made a wise decision by investing in this project, but you should expect some volatility across the crypto universe in the coming months and years since the industry is still so young. Just stay in touch and up-to-date with the progress that this coin's team is making as it moves forward with its strategy, and I think you'll find that your position as a stakeholder in this project will be well-worth the short-term emotional toll that these price swings can take on every investor.

And remember, unlike most other altcoins, the team behind DNotes is committed to providing it with an intrinsic value that will help to create the reliable floor price that any digital currency will need to achieve widespread mainstream acceptance. They've already made great gains, and it only gets better from here.

Thank you, Ken. That's very helpful.

822  Alternate cryptocurrencies / Announcements (Altcoins) / Re: DNotes 2.0 - Bridging the Gap Between the Centralized and Decentralized World on: July 02, 2017, 08:01:42 PM
I am now in that project with 1000 USD. But why the hell did the price went to 4151 SAT? Feeling kinda pissed, bought at 5900 SAT. Some bad news, rumors or what is the reason?

Welcome to DNotes, CO2 and thank you for investing in us. If I were in your situation, as described, I would be quite disappointed too. I hope it’s meant to be a long-term investment. What I can tell you is that there is no bad new or any unfavorable rumors that we know of. If anything, DNotes should be worth more today than it did a week or a month ago. Our commitment is to consistently build stakeholder value and leave the free-market forces alone.

We are making great progress with DNotes 2.0 development and on track for its launch in September 2017. As we continued to make progress we are ever more confident that we made the right choice to code in C# with plans for 100% conversation one day; as soon as practical.
Personally, I believe, that DNotes is significantly under-valued relative to its industry peers. Of course, not everyone would agree with me or it would have been reflected in its price. Perhaps DNotes, being uniquely different in strategies and substance, is harder to understand and value. I am wondering if anyone else has a better explanation.    
823  Alternate cryptocurrencies / Announcements (Altcoins) / Re: DNotes 2.0 - Bridging the Gap Between the Centralized and Decentralized World on: July 01, 2017, 03:06:37 PM
Dnotes is sleeping in c-cex,how to grow price up Huh We have need only 0.5-0.7 btc till 30k per coin in c-cex.

Thank you for reminding us, sarabanda. I just went and bought some as a show of support. I like C-cex but have been so busy these days. The volume has always been very low at C-cex. Perhaps it will get better after DNotes 2.0 is launched.
824  Alternate cryptocurrencies / Announcements (Altcoins) / Re: DNotes 2.0 - Bridging the Gap Between the Centralized and Decentralized World on: July 01, 2017, 02:41:04 AM
Hello everyone, I spent the last few days making a video to promote the DNotes strategy to build intrinsic value in the currency by backing it with the profits of a company - DNotes Global.

DNotes - Backed by Business




Excellent job Tim! Looks great.

DNotes is a decentralized digital currency like Bitcoin. The relentless efforts behind the scene to bridge the gap to the centralized world is what sets it apart from the herd. As a group DNotes is searchable, re-searchable, and verifiable.
825  Alternate cryptocurrencies / Announcements (Altcoins) / Re: DNotes 2.0 - Bridging the Gap Between the Centralized and Decentralized World on: June 30, 2017, 04:54:30 AM
Alan Yong Entrepreneurial History & Guiding Principles on Business Success



Joe, thanks for up-dating this video.

I like to encourage all DNotes supporters to watch and share my videos. You will get to know my background and understand why I am totally dedicated to our missions in the fulfillment of DNotes' vision. I have invested a significant amount of time and money to get the book written and published. I greatly appreciate the encouragement and editing help from our community. DNotes Global, Inc. has been granted 100% royalty free rights to all sales proceeds from this book. I believe that this book will be one of the major contributors to DNotes' success; hopefully to many business owners as well.

I will be spending a lot of time in writing articles and producing videos for the book website. I am very passionate about helping new start-ups and current business owners, and trust that I can make a difference because of my wide-ranging experience of over forty years in different industries.

These mean a lot to me. Your feed-back will be well appreciated. Please share my videos, as you wish, of course. Thank you.
826  Alternate cryptocurrencies / Announcements (Altcoins) / Re: DNotes 2.0 - Bridging the Gap Between the Centralized and Decentralized World on: June 30, 2017, 04:28:00 AM
[...]
So gold and crypto have:
1. A subjective value based on culture and rarity, based on their intrinsic use-case value.
2. A medium of exchange value as currency on top in surplus to 1,
3. A speculative value based on future predicted value that is rooted in predictions on 1 and 2.
[...]
So, if there are 100 goods in the economy:


The chance you'll find what you want in a single attempt: 1 / 1002 - 100 = 0.0001%
The mean number of attempts until you find what you need: 1002 - 100 = 9900

Now, back to the search cost component... if "a" is the amount of time that it takes you to find what you want (let's say 1 hour), so a = 1, then the equation is:

a(J2 - J) = 1(1002 - 100) = 9900 hours...

I really like how you enumerated the value aspects of an item used for a medium of exchange. It made discussing it further much simpler.

As for your bartering example, for the purposes of this discussion it was fine, but it did make it look completely unworkable unless you were the fishing tribe trading fish with the banana tribe and nothing else. Feel free to re-post the formula where there is a society of 100 people. There are 100 item types. Each person has 10 item types to trade, and 10 desired item types. The 100 item types all sit on a bell curve of the number of people that possess one. The same bell curve is used for the number of people that desire one. And the time it takes to ask if any of my ten items have trade potential with any of your 10 items is 1 minute. We're all at the market on market day.

My guess is that this formula will get your transaction time below the 9,000 hours mark. Wink

I can understand how your example incorporates feedback loops that amplify market activity. It also focuses attention on aspect (2) which DNotes has the most influence over. How simple is DNotes to trade for goods and services? How simple can it be in the future? What is the minimum achievable time to get there?

I think a good starting point to answer the 'ease of use' aspect of (2) is to list the known barriers, and then determine what is being done about breaking through them.

a) Mobile functionality.
--1 All offline trade is done outside of the house, so a mobile device capable of exchange is required.
--2 Mobile devices are battery dependent so software must use minimal power.
--3 Mobile devices have limited storage, so partial chain transactions must be possible.
--4 Data can be expensive via network, but cheap via WiFi, so data usage must be optimised to reduce cost.

b) Adoption rate.
--1 To trade DNotes for product or services, both parties must be able to give and accept them. This requires a level of user adoption.

c) Speed.
--1 Traders won't want to spend more than a few seconds confirming that the transaction has been successful.

d) Cost
--1 The customer, trader, or both, will have to accept a minimal transaction cost, or in some other way contribute to the network that maintains the service and does the work.
--2 People are happy to pay a fee or percentage for convenience and security. This value proposition will influence adoption and usage rates.

e) Visibility - clarity
--1 Seeing how much you've got and what you've spent needs to be as simple as glancing into a purse.

f) Privacy
--1 Many people don't care if you can see that they bought bread. But just as many have personal lives where their purchase history, or just the shops they frequent, can be a cause of embarrassment.

g) Confidence
--1 Knowing that the money in your wallet will be worth something when you wake up tomorrow.
--2 Knowing that your money won't disappear if a company, server, or software crashes.
--3 Knowing that the only way to get your money is with your consent.

h) Web services and plug-ins
--1 How easy it is for website developers to implement a payment portal.
--2 How easy it is for hosted users like those on Wordpress to implement a payment portal.

i) I'm sure I have not thought of everything.

Having a comprehensive answer to these questions, including a projected timeline would be really interesting. But I also understand DNotes' policy of doing, not hyping and claiming.

Tim, you are amazing. I like your thought process. Some of your suggestions are very much in line with our vision. I wouldn't go into any details, but five years from now, hopefully earlier, some mobile phone manufacturers will want to be our partners because of our globe reach, scale, and technologies. We have some very innovative ideas that will be added to our strategic road-map at the right time.
827  Alternate cryptocurrencies / Announcements (Altcoins) / Re: DNotes 2.0 - Bridging the Gap Between the Centralized and Decentralized World on: June 29, 2017, 01:04:27 PM
I feel like a sartorial genius, sporting such fancy new threads today at the office....



That is really cool, MiningHabit. Imagine that one day we all go to a DNotes convention wearing a DNotes T-Shit and all going shopping with a DNotes Multi-currency card. That will be awesome. The world is changing rapidly but the process of change is challenging and can be quite complex, especially, when money, regulatory constraints, "old-school", the establishment, etc are involved.

DNotes is much more than just a decentralized digital currency. Unfortunately, on the surface, we are just like any other digital currency - an open-sourced copy of Bitcoin - the pioneer. Launching a digital currency or a "digital asset" is the easiest part. With a few thousand dollars it can easily be dressed up to look like a $10, $20 $100 million (bill) (ICO). It has been done with much more to come. Frankly, our industry is getting overwhelmed and becoming quite confused. It is becoming nearly impossible to find the "rough diamond".
Invest with caution.

I am spending a lot of time getting ready to officially launch the book web site -  https://fourpillarsofbusinesssuccess.com/ This is one of DNotes Global, Inc's assets. Although I have personally spent a whole year writing the book as well as spending a significant amount to get it published, 100% of the sale proceeds are going to the company. Perhaps, just as important Chapter 15 of the book is about the DNotes' story. Don't under-estimate the enormous long-term value the book can bring to the party - contributing some real intrinsic value. Check it out from time to time as new contents are added. This is one of our strategic building blocks and they are all linked to give us powerful synergistic impact.  
828  Alternate cryptocurrencies / Announcements (Altcoins) / Re: DNotes 2.0 - Bridging the Gap Between the Centralized and Decentralized World on: June 27, 2017, 05:01:27 AM
I don't understand why every time bitcoin goes down, the price of dnotes goes down further more. In USD it has depreciated from $0.32 to $0.11 now. This is a total control of whales. There are more DNotes in whales pockets than in long-time holders pockets. A coin holder won't dump like that and with this volume...

That seems to be the case with pretty much all altcoins today.

If you look at overall BTC dominance of the total coin market cap, it was like 37-38% a week or two back. And right now, it's 43+%. So, it stands to reason that on a day when 145 of the top 150 coins are in the red (with most of them being down 10+%), and a day that is seeing an increase in BTC market cap dominance....that most alts would fall further today than bitcoin.

Doesn't seem too out of the ordinary, all in all. Though it does kinda suck to lose the kind of money today, overall (in BTC, LTC, ETC, ETH, XRP, and SYS, along with NOTE) that make grown men cry.

But I'm determined to be not be emotional about all this volatility. Either up, or down.

HODLLLLLL

I still don't understand the correlation between BTC and alts . Why the other coins drop in price when bitcoin drops ? I was inclined to think that people sell BTC to buy alts which would have a totally different effect from what is actually happening now. So is it the market totally controlled by bitcoin whales ? And the whales sell when the BTC price is up then buy when it reaches a bottom and so on , accumulating more and more from the unexperienced traders? over the last 24h i lost more than $10000  which is very annoying. Well "lost" is inaccurate because i'm still on the green side overall but this volatility  is not for the faint-hearted.

When the value of BTC/USD goes down a lot the value of alts/USD goes down a lot as well (because they are mostly indexed relative to BTC), which leads people to sell their alts into BTC and then USD, which brings the value of alts/BTC down and the value of alts/USD even more down, which leads more people to sell their alts and so on and so forth until remain the people who do not want to sell or are not aware of what's going on, and once BTC/USD stabilizes or goes back up people start buying BTC and alts again

Right on the money. This has been the general trend and the inverse can be said for price movements in the other direction. Investor psychology and herd mentality are powerful drivers when it comes to market valuation, nobody wants to miss out and nobody wants to be left holding the bag in a currency that has no future.

Thank you everyone for supporting this forum. Your best efforts in trying to make sense of the correlation between BTC and altcoin value adjustment is as good as mine; in this case, better than mine could have been. What I can tell you is that, for all practical purposes, DNotes is worth a little more each day. We are working very hard ever day and investing serious money in taking DNotes to the next level with DNotes 2.0 and beyond. I have no doubt that DNotes will be a significant leader in our industry in a year or two. How much would DNotes be worth one day? You got it. Your guess is as good as mine. But don't make the same mistake I made with Startis. I bought a chunk when it was trading below $10 million and sold it at a nice profit after it doubled and then watch it went to $500 + million and to $1 + billion. Startis is developing in C# - so is DNotes. Just some food for thought.

It has been another long day. I started at 5:30 am in Chicago, drove 3.5 hours (240 miles), put in a full day in Coldwater, MI where DNotes core group is at this time. It's now 1:00 am. I have never been with a more committed and talented team. We are very passionate about what we are doing. It takes an amazing team with a clear vision to accomplish amazing results.
829  Alternate cryptocurrencies / Announcements (Altcoins) / Re: DNotes 2.0 - Bridging the Gap Between the Centralized and Decentralized World on: June 25, 2017, 12:41:10 PM
The key takeaway for me in Alan's CEOCFO magazine interview, and the press release associated with it, is that it will get people to begin asking the right questions.

So few people understand what is going on, or what is relevant in the industry BECAUSE so few people are asking proactive questions in our media that help people to better understand their own actions - i.e. investment choices. Even when people do ask these right questions (or who have the answers), they are not given a platform.

For example: why is there no conversation within the industry regarding intrinsic value? Even if you have an application building network and a tokenized 'gas' for its use, that hardly drives an 'intrinsic value'. It just means you can use it as money to pay for a network, in the same way that I can spend my Bitcoin's at many online retailers - there is no value behind such applications for supporting a token's -- or currency's -- price.

Alan's interview primes readers to ask these questions. Our approach is different, and it is one that seems completely lost on an industry containing many of the greatest minds. Many people investing in the crypto-realm are great at recognizing a 'cool technology', yet have absolutely no idea about what intrinsic value is, and absolutely no idea that value creation (i.e. shared profit or value creation) is what drives this.

Fiat money -- or modern money -- has zero intrinsic value, as both a piece of paper (burning?), and as a token (infinitely printed representation of debt that we trade with one another). Cryptocurrencies generally are held up by speculative hype and dreams of making a fortune in the future. Should these dreams be considered an overestimate, no development network can save its token from falling to zero.

Some may wonder if an ICO for equity is intrinsic value? -- ABSOLUTELY NOT!

There are ICO's everywhere that are backed by nothing. People are seeking 100s of millions with nothing but a white paper or another 'me too'. Currently Ethereum is the most used token in this regard for raising ICO funding, of which all are soon dumped at the exchanges for BTC and USD which isn't great for Ether's price. This dumping makes all Ether investors proxy financiers of other people's garbage-grade investments from their community. Investments in businesses that don't even have any customers... But at least the ICO people hand over a newly issued token worth nothing (early discount price proves it!) in exchange for handing over a token with an actual tradeable 'price' that they get to spend. ICOs are crowdfunding without promise of future profits.

So what intrinsic value again? I mean it's not to say a tradeable coin won't go up in value (like say Ether in their ICO), but really... none if it is intrinsic value.

But a rapidly growing and profit generating business? Would you invest in that? What if a currency was also a share in the company and company profits were directed back into the currency network? This is called compound growth model, or positive-feedback loop that enhances and amplifies the success of any component of an ecosystem.

We are currently taking an active approach to make sure these questions are asked. Great to see our approach, the better approach, being dispensed in the mainstream media.



When Einstein made his famous observation "Compound interest is the eighth wonder of the world. He who understands it, earns it ... he who doesn't ... pays it.” he forgot to add intrinsic value. Without an understanding of this concept people will never truly understand what "money" is. Schools don't bother to teach underlying concepts and roots of belief anymore. Its like they give you the icing without the cake. there is a whole generation of young people now who have no clue how the dollar gets it's power to buy real goods or even where that authority really comes from. Quite a shame...


Thanks, RJF. It is the cumulative positive impact of everything that DNotes is doing that makes us different, separating us from an increasingly crowded and confused industry. Making things simple and convenient for all our long-term stakeholders to participate and be fairly rewarded will make DNotes 2.0 uniquely different than others. This is made possible because of DNotesValut and other projects that are a part of our total solution.  Yes, “compound interest” is “magical” over the long-term.  Together with anticipated appreciation, a small CRISP retirement account with a disciplined regular monthly contribution could be worth an eye-popping amount 20 years from now. 
830  Alternate cryptocurrencies / Announcements (Altcoins) / Re: DNotes 2.0 - Bridging the Gap Between the Centralized and Decentralized World on: June 25, 2017, 01:41:42 AM
The Four Pillars of Business Success - Introduction by Alan Yong




https://youtu.be/mZUDm4x3dWk

To sign up for membership pre-registration please visit this link:
https://fourpillarsofbusinesssuccess.com/subscription/




I can't believe membership is free until the end of 2019! That will be very helpful to struggling businesses trying to get back on their feet. Even if the site content is still being worked on, they will still have access to a wealth of knowledge at no cost for the next 2 1/2 years.  Smiley


I have personally met many struggling business owners who gave up everything they got just to keep their doors opened - hoping that if they stay in business long enough they will somehow get a lucky break. That seldom happened. I can't be happier if I turned out to be their lucky break. I intent to produce a series of hard-fitting videos along with a good number of articles that are quite eye-opening. By signing up at the website members will be notified when something new is added. I have already spent hundreds of hours in preparation for an official launch. Many people can benefit from this project. Be sure to visit our website and sign up: https://fourpillarsofbusinesssuccess.com/subscription/
831  Alternate cryptocurrencies / Announcements (Altcoins) / Re: DNotes 2.0 - Bridging the Gap Between the Centralized and Decentralized World on: June 24, 2017, 10:05:47 PM
Wow! Interesting.

Cornell Professor: $150 Million Bancor is Flawed

By:Joseph Young on 24/06/2017

In a blog post, Cornell professor Emin Gun Sirer explained how Bancor, the most successful ICO in the history of the cryptocurrency market that raised $150 million in a matter of hours, is flawed in 29 different ways from its core vision to its technical aspects.

Sirer’s blog post comes after the criticisms of some of the industry’s most prominent security and bitcoin experts such as Andreas Antonopoulos and Augur co-founder Joey Krug. In early June, Antonopoulos and Krug both expressed their concerns over the massive amount of investment raised by the Bancor development team for untested code and project.

Krug, in particular, went as far to describe Bancor as a project concept which was proved to be inefficient in one of Augur’s previous beta tests.

“Dear god the free market just gave $150M to something we found out didn’t work in practice in the Augur beta,” said Krug.

Bancor initially gained popularity amongst investors within the cryptocurrency community after the endorsement of billionaire investor Tim Draper. The development team behind Bancor aimed to create a standardized platform that would grant an increased level of liquidity for ICO tokens and altcoins. The team described Bancor as the “standard for a new generation of smart tokens.”

On June 12, Draper officially announced his involvement in the Bancor network as an investor, stating:

“We’d like for this to be a Smart Token, so it can benefit from continuous liquidity from day 1. We look forward to a long collaboration with the Bancor team on this project, and are excited for what BNT has in store.”

Conceptually, the Bancor network serves as an intermediary between smart tokens or ICO tokens and direct traders. Instead of traders getting access to and purchasing ICO tokens in a direct peer to peer manner, Bancor sets a standard and a platform which in concept is supposed to provide increased liquidity for traders and ICO operators.

However, Sirer explained that the utilization of the network as a standard for ICO tokens is “like stepping into a kid’s swimming pool, placed in an ocean,” which is a fair assessment of the project’s fundamental concept. More importantly, before delving into the controversial technical components of Bancor, Sirer noted that there already exists a currency peg between ICO tokens and traders which is Ethereum’s Ether.

Like Bancor, the vast majority of ICOs are launched on top of the Ethereum protocol, which means that their tokens are fully compatible with Ethereum’s native token Ether. Hence, the necessity of Bancor tokens comes into question when there already exists a currency peg or an interoperable native token in Ether.

“There already exists a common currency through which we can trade. It’s called ether, and we can use it no matter which token pairs we want to trade, because those very tokens are, by definition, implemented on top of Ethereum and were purchased with ether in the first place,” said Sirer.

However, a more important criticism offered by both Sirer and Antonopoulos is how the Bancor development team raised $150 million for 40 lines of untested code.

“It’s only 40 lines of code. Now, there is nothing wrong with raising $3.5M per line of code, if indeed there is a certain technical advantage that those lines of code possess,” said Sirer.

Furthermore, Sirer revealed that the reimplemented math of Bancor had no direct test to cover critical functions executed by the Bancor codebase. He also described Bancor’s codebase as a “mess,” explaining that the Bancor codebase has a distinct javascript quality.

“Well-written code looks like a work of art. It doesn’t matter if it’s C or Go or Ruby or Prolog; in fact, it looks especially like a work of art if it’s well-written C code. But it does matter if it’s Javascript, because well-written Javascript code is like the mythical Yeti: often discussed, with snippets of evidence for its existence, but no one has seen it in its full, corporeal form. This has been the hallmark of badly written smart contracts: they have messy code paths, don’t follow best practices, and happen to work by the skin of their teeth,” criticized Sirer.

Bitcoin pioneer and COO of popular cryptocurrency wallet platform Jaxx Charlie Shrem also commented on the weak security measures of Bancor and whether if it is in need of a blockchain-based network to accomplish its tasks.

Charlie Shrem
✔@CharlieShrem
So the BANCOR can freeze accounts, create new tokens and block transfers. Why do they need a Blockchain again? https://twitter.com/MarcoDeMeireles/status/878218699219517442
10:39 AM - 23 Jun 2017

Source: https://www.cryptocoinsnews.com/cornell-professor-150-million-bancor-flawed/
832  Alternate cryptocurrencies / Announcements (Altcoins) / Re: DNotes 2.0 - Bridging the Gap Between the Centralized and Decentralized World on: June 24, 2017, 06:29:56 PM

what is the difference between deferred and cold staking? is Dnotes the only coin with deferred staking?

Hi gres91! Welcome to our forum.

Deferred staking and cold staking are the same thing. We have created the process ourselves, and to our knowledge nobody else has developed anything similar. It works like this:

* You have a wallet, and you want to run a staking node. This requires you to hold your coins in that wallet while it stakes in the case of all POS coins today. This means your coins are 'online' in a 'hot wallet' while you're staking, which is less secure than having them stored offline, or in an online vault who takes care of this for you. Standard staking would also mean that running a node would preclude our users from earning the additional 2% annualized payout at our DNotesVault for storing your coins there - because you can't have your coins in two places at the same time, to earn each reward.

* Cold / deferred staking allows you to get any wallet, and defer its staking privileges to another wallet with a single click. This means your coins can be in one place, but behave like they're in two places at once without any security risk. The wallet that has given away its staking privileges can be forever offline after, and doesn't need to be decrypted to broadcast the staking privileges to another wallet (extra security). Every other part of the process can be completed offline (including the actual deferral of staking command, so you can log out of / encrypt your wallet, and then take it online to broadcast the defferal to the network).

* This means that one wallet can do staking for two wallets. The staking reward is paid to each respective wallet, depending on their balances. The cold wallet receives the reward for all balances it has got the online wallet to stake on its behalf for. DNotesVault accounts will able to grant staking privileges to external wallets running nodes.

* This adds and extra layer of security for people staking on our network. It also means they can get even greater rewards by holding their coins at our secure (and insured) online vault while running an external wallet node to support our network.

We do everything we can to make things as simple as possible for our users. This is a crucial security feature in our view, and we have done all the work in the back-end so that cold staking is as simple as a single click.

Security, and simplicity.


DNotes is different in many ways. We are always willing to go the extra mile for DNotes' stakeholders based on a simple philosophy: we will do things others wouldn't for the benefits and success of our stakeholders so that one day we are in the position to do things others can't do.

Smokeys Gardens https://smokeysgardens.com/ is a prime case in point. With an initial investment of $500 we became the largest daylily grower in the world in ten years. With the economy of scale we now have the land (70 acres), equipment, process, man-power, and other resources to plant, harvest, and ship more daylilies in a few days than our competitors could in the entire season. Success in business does not happen by accident. It starts with a clear vision and a great deal more ....... DNotes follows the same business model.
833  Alternate cryptocurrencies / Announcements (Altcoins) / Re: DNotes 2.0 - Bridging the Gap Between the Centralized and Decentralized World on: June 24, 2017, 01:34:16 PM

There has been a lot of hype lately on Ethereum replacing bitcoin. I obviously don't understand Ethereum at all, because I thought it was overvalued at $25. Huh The author of this article gives potential investors a lot to think about before they take the plunge in something they don't understand. He also is very sceptical of the legality of the ICO craze as it stands right now.

On investing in a cryptocurrency hoping to replicate the returns of an early bitcoin investment:
"Moreover, bitcoin wasn't launched through an ICO like almost altcoins these days. Bitcoin started off with a valuation of approximately zero. It took 4–5 years of proving itself, building trust and adoption for it to grow by dozens of thousands of percent, and only then reach the market cap of a typical ICO launch today.
So, a new coin today, simply cannot have the growth potential that bitcoin had in its earliest days, and you can't even get in at the same bottom price. If that is why you are investing in ICOs, then don't."


"But today, due to the scaling issue, bitcoin is in a crisis, and altcoins have overtaken bitcoin in market cap. While many will consider me a lucky early bitcoin adopter, clearly, I'm late to the altcoin party. So, it was long overdue that I took another look at this market to see if perhaps today there is a credible alternative to bitcoin or some promising coins to help me diversify my crypto investment." - It's too bad he didn't look a little farther and see what DNotes is up to. Wink


Analyzing Ether: A Bitcoin Investor's Skeptical Take

http://www.coindesk.com/analyzing-ether-bitcoin-investors-skeptical-take/

"It's too bad he didn't look a little farther and see what DNotes is up to. Wink" No doubt he will.

I had never counted on good fortune or wishful speculation but the vision to take the right path with a relentless commitment to always finish what I started and delivering what I promised. It is hard work and demands a ton of patience but it has always paid off for me. That is why I wrote a book on what it takes to succeed in business - "Improve Your Odds - The Four Pillars of Business Success." https://fourpillarsofbusinesssuccess.com/

P.S. DNotes and Smokeys Gardens follow the same business model and discipline. Stay tuned for more.
834  Alternate cryptocurrencies / Announcements (Altcoins) / Re: DNotes 2.0 - Bridging the Gap Between the Centralized and Decentralized World on: June 24, 2017, 11:35:39 AM
The key takeaway for me in Alan's CEOCFO magazine interview, and the press release associated with it, is that it will get people to begin asking the right questions.

So few people understand what is going on, or what is relevant in the industry BECAUSE so few people are asking proactive questions in our media that help people to better understand their own actions - i.e. investment choices. Even when people do ask these right questions (or who have the answers), they are not given a platform.

For example: why is there no conversation within the industry regarding intrinsic value? Even if you have an application building network and a tokenized 'gas' for its use, that hardly drives an 'intrinsic value'. It just means you can use it as money to pay for a network, in the same way that I can spend my Bitcoin's at many online retailers - there is no value behind such applications for supporting a token's -- or currency's -- price.

Alan's interview primes readers to ask these questions. Our approach is different, and it is one that seems completely lost on an industry containing many of the greatest minds. Many people investing in the crypto-realm are great at recognizing a 'cool technology', yet have absolutely no idea about what intrinsic value is, and absolutely no idea that value creation (i.e. shared profit or value creation) is what drives this.

Fiat money -- or modern money -- has zero intrinsic value, as both a piece of paper (burning?), and as a token (infinitely printed representation of debt that we trade with one another). Cryptocurrencies generally are held up by speculative hype and dreams of making a fortune in the future. Should these dreams be considered an overestimate, no development network can save its token from falling to zero.

Some may wonder if an ICO for equity is intrinsic value? -- ABSOLUTELY NOT!

There are ICO's everywhere that are backed by nothing. People are seeking 100s of millions with nothing but a white paper or another 'me too'. Currently Ethereum is the most used token in this regard for raising ICO funding, of which all are soon dumped at the exchanges for BTC and USD which isn't great for Ether's price. This dumping makes all Ether investors proxy financiers of other people's garbage-grade investments from their community. Investments in businesses that don't even have any customers... But at least the ICO people hand over a newly issued token worth nothing (early discount price proves it!) in exchange for handing over a token with an actual tradeable 'price' that they get to spend. ICOs are crowdfunding without promise of future profits.

So what intrinsic value again? I mean it's not to say a tradeable coin won't go up in value (like say Ether in their ICO), but really... none if it is intrinsic value.

But a rapidly growing and profit generating business? Would you invest in that? What if a currency was also a share in the company and company profits were directed back into the currency network? This is called compound growth model, or positive-feedback loop that enhances and amplifies the success of any component of an ecosystem.

We are currently taking an active approach to make sure these questions are asked. Great to see our approach, the better approach, being dispensed in the mainstream media.





Thank you, TeeGee. This is a difficult subject for most people to understand. It is important to note that something, by definition, that has "no intrinsic value" does not mean that it is worthless. For all practical purposes it is worth what the next person is willing to pay for it. Especially in our industry, that value is highly speculative and only good as the game is "hot." We have often seen the traded price jumps 600% in a day and collapses by 60% the following day. The fundamental value of the coin, if any, could not have changed by that much in 24 hours. It is a pure speculation and most likely artificially manipulated. It is reasonable to assume that in the interest of consumer protection SEC must find this troubling - including the growing list of ICOs.             
835  Alternate cryptocurrencies / Announcements (Altcoins) / Re: DNotes 2.0 - Bridging the Gap Between the Centralized and Decentralized World on: June 24, 2017, 01:51:16 AM

We are clearly gaining significantly more media coverage worldwide. That is a very good sign. We avoided following the crowd in taking the path of least resistance. We instead picked the path consistent with our long-term vision to ensure that DNotes will have the best chances gaining mass acceptance and meeting the full functions of money backed by tangible fundamental or intrinsic value using a for profit company - DNotes Global Inc. It seems to be paying off.
836  Alternate cryptocurrencies / Announcements (Altcoins) / Re: DNotes 2.0 - Bridging the Gap Between the Centralized and Decentralized World on: June 23, 2017, 03:57:50 AM
Me too! The Auburn Tri-Color is wicked sharp looking. A belated Father's Day present from me to myself :-)



Great I just ordered one.

It's the small things like this that create a cohesive culture. We're all heading in the same direction, together. What better way to do it than to all have the same banner on our shirts!?

I understand the enthusiasm for the merchandise. DNotes is such a special thing that's happening and we're sharing in. And by sharing in, I'm also giving a nod to the 25% stake from the currency as well. A little bit of profit from T-Shirt sales goes to DNotes Global Inc, which adds value to the company, which in turn adds value to your holdings.

The design went through a lot of iterations, using a variety of text to go with the already excellent logo. Then, my partner who is a very successful graphic designer, looks over my shoulder, understands all of my parameters, makes a few suggestions which completely re-work what I'd considered, and bang, she's come up with the one on the shirt.

I'm always amazed at her skill. It takes a special eye to identify all of the elements required to make something look disarmingly simple, while giving off that very professional finish.

And of course we're both eagerly awaiting those shirts arriving so we can see real-life photos shared here.

Tim, thank you for your confidence and support. We appreciate that very much. We are working hard everyday to make sure that DNotes's success will benefit a lot of people around the world. It is inspiring to have someone like you to recognize that what we are doing could help to make a difference. And most of all, you are trying to help our mission in some ways.

I appreciate the efforts your team invested in the T-Shirt design. We literally went through hundreds iterations and many graphic designers at a significant cost. But I am extremely pleased with the final selection. It is simple with elegance.
837  Alternate cryptocurrencies / Announcements (Altcoins) / Re: DNotes 2.0 - Bridging the Gap Between the Centralized and Decentralized World on: June 23, 2017, 03:54:50 AM

Check out this video - he even comments on the team.

Thank you tripjammer, we appreciate the support!


Quick Analysis of DNOTES  -  https://www.youtube.com/watch?v=YaJKeetyS6g

Impressive, especially in consideration of the fact that there is a lot more to know about DNotes. His call that DNotes is worth watching as it may go very far is a good call.

Of course few people know that there is serious development going on behind the scene. DNotes 2.0 marks the beginning of a substantial development program that will take DNotes to the forefront of technologies utilizing C#. We are committed to take it all the way and likely become one of the innovative technology leaders in the blockchain and smart contract arenas. The only other coin with serious development in C# is Startis. We certainly appreciate their contributions.

Anyway, great job and thank you, tripjammer.
838  Alternate cryptocurrencies / Announcements (Altcoins) / Re: DNotes 2.0 - Bridging the Gap Between the Centralized and Decentralized World on: June 22, 2017, 03:44:11 PM
Hi guys, if its alright with the owner of the thread, I would like to offer the pin post position to the DNotes team. I have two Bitcoin related groups. I think a competition related post would be ideal for the pin post position. These are the two groups:

Bitcoinkings: https://www.facebook.com/groups/bitcoinkings [23,489 members with an average growth of 2,000 members per week]
Bitcoin Kings Official: https://www.facebook.com/groups/329207194121901 [1,979 members with an average growth of 80 members per week]

I am trying to get more DNotes and this is the best way I know how besides buying. I look forward to hearing from the DNotes team Smiley

That sounds great! I'll send you a PM.

Excellent. We encourage everyone interested to earn some DNotes by contributing to the success of DNotes to contact us. DNotes is well positioned to grow rapidly. We can use a lot of help to get the word out. Earn all the DNotes you can at this early stage. It will become quite valuable. I am totally committed to make DNotes a big success - one that will truly benefit millions of people around the world. 
839  Alternate cryptocurrencies / Announcements (Altcoins) / Re: DNotes 2.0 - Bridging the Gap Between the Centralized and Decentralized World on: June 22, 2017, 01:47:23 AM
Let's bring back the "Buffet Rule" I posted on June 21, 2017:

In investing, in life, and in business there are many reasons why some are more successful than others. Many of the contributors to success are obvious and grounded on common sense. But when we are over-powered by greed and fear, most people tend to be reactive and just follow the crowd.

Investing in digital currencies and blockchain related situations today is challenging, and at times nerve-racking. There is no fundamental value or instinct value. It is nearly impossible to verify the “impressive road-map” beautifully represented in stunning graphics, or the people behind it. When you can, do extensive research or due diligence before investing. Knowledge will give you better judgement to pick more winners than losers.  And follow the “Buffet Rule.”

“A simple rule dictates my buying: Be fearful when others are greedy, and be greedy when others are fearful.” Warren Buffet.

Where To Get Greedy Now That Others Are Fearful

Forbes
FEB 4, 2014
Bryan Rich, Contributor

Warren Buffett wrote a famous op-ed piece in the New York Times in October 2008 in which he that said the following:

“A simple rule dictates my buying: Be fearful when others are greedy, and be greedy when others are fearful." And most certainly, fear is now widespread, gripping even seasoned investors. To be sure, investors are right to be wary of highly leveraged entities or businesses in weak competitive positions. But fears regarding the long-term prosperity of the nation’s many sound companies make no sense. These businesses will indeed suffer earnings hiccups, as they always have. But most major companies will be setting new profit records 5, 10 and 20 years from now.”
Everyone should read this, because it shows you the mindset of a great investor and how great investors react when the stock market falls.  Instead of running in fear, great investors welcome market corrections as opportunities to buy on the cheap.

Read more: https://www.forbes.com/sites/greatspeculations/2014/02/04/where-to-get-greedy-now-that-others-are-fearful/#98166c82d460
840  Alternate cryptocurrencies / Announcements (Altcoins) / Re: DNotes 2.0 - Bridging the Gap Between the Centralized and Decentralized World on: June 22, 2017, 01:37:44 AM

DCEBrief - Why it's Important to the DNotes Ecosystem



Super dope video TeeGee! Happy to help, in my small way. Next step is to get our Teleporter Project out the door and we can do full capture VR type videos :-)

The whole altcoin space is getting hammered today. Always glad to pick up a bunch more NOTE, SYS, and some of the majors on these dips!


I must be getting old... "Super dope" is a good thing now? lol  Wink

I've posted all the videos to Cryptocointalk  -  https://cryptocurrencytalk.com/videos/category/5-education-informational/

Edit - The videos are awaiting approval...

Thanks, Chase. That is great. One is already approved. Do a search on "DNotes". We are getting better and there will be a lot more coming.
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