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The SRWP asset hasn't paid a dividend in close to three weeks. Is everything OK in that quarter?
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'I've noticed over the past two years that Bitcoin tends to trend upwards whenever some country is having a financial crisis (at least a crisis that makes headlines). I think it's realistic to believe that the good cryptocurrencies will gain traction when there are economic problems.' Morning, Wiser. My mob were considered to be crackpots when we first argued -- 2013 -- that It Was All Gonna Be About The Next Financial Crisis: This came rather later: https://www.reddit.com/r/CryptoMarkets/comments/242i41/crypto_prices_and_the_global_financial_crisisChina will remain the epi-centre. Articles like this -- http://www.scmp.com/business/banking-finance/article/1551510/how-elude-chinese-foreign-exchange-laws-take-your-pick-ways?page=all -- showed us how interesting Bitcoin would become to the Chinese when they figured it out. Note bene: we see the Dnotes community as better situated than most others. I don't mean to be critical, but 'parochial' and 'insular' are fair words to describe most crypto communities -- certainly a couple of years ago. Dnotes' commitment to compliance is a hedging of bets: if the primary path turns out to be crypto-primarily-as-payment-method, then Dnotes is set. If things go hyper-pear-shaped, this community's worldly attitudes will (we think) allow it to respond swiftly and appropriately. Niiiiiiice!! Mark Hah, had I not gotten sidetracked I would have posted that Mark might agree with you. We of course hope it doesn't take a global financial crisis to incite change, but it can certainly be a driving factor if it comes down to that. I certainly don't hope for any financial crisis... but there are indicators pointing to one or more as inevitable... some time. I think DNotes should be prepared to step in and save the day just in case. But yes, let's hope for wider adoption before a major crisis. On another note, here's a pretty interesting article about the politics of Bitcoin. Kudos to the DNotes team for doing things much better. http://www.coindesk.com/bitcoin-politics-non-political-money/ |
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Gloomy indeed. Global financial crisis is knocking. Then again, has it ever stopped. This part was pretty interesting. Contrary to the typical sacrifice the future for today perspective. White believes governments hold the key, telling The Telegraph: "They should return to fiscal primacy — call it Keynesian, if you wish — and launch an investment blitz on infrastructure that pays for itself through higher growth." It's a controversial call, particularly as it would almost certainly require governments to take on even greater amounts of debt. That is a very dismal article. Hopefully digital currency and DNotes can gain traction pretty quickly. A global supplemental digital currency would likely be one of the safest bets in financial turmoil if it can grow to maintain much more liquidity and stability. I've noticed over the past two years that Bitcoin tends to trend upwards whenever some country is having a financial crisis (at least a crisis that makes headlines). I think it's realistic to believe that the good cryptocurrencies will gain traction when there are economic problems. I would think that some well timed press releases could help that process along considerably  |
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2nd January DMD Reactor payout happened enjoy https://cloudmining.bit.diamonds/ shareholder  non sharehouder curious about DMD Cloudmining check out the FAQ on the page  Thanks! |
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Uncertainty is not a good thing for any long term investment. The lack of leadership with sufficient self interest to lead Bitcoin out this "Toxic Environment" may not be forth-coming and will continue to be a drag to the industry. This will make mass acceptance of Bitcoin extremely remote.
It almost seems like the desire to be decentralized and trustless has gone to an extreme. Being democratic most of the time is generally a good goal to have, but at some point, there has to be a "the buck stops here" decision maker who can break ties and move things forward. Good leadership can't always be democratic. Good leadership also has to uphold core standards of the organization, and doing so may mean going against the majority to do what's best. It seems like even in cryptocurrency, at some point a real live human being has to make a decision, stick with it, make it happen, and take the heat for it... for the sake of doing what's best for the organization in question. Even a wrong decision that is later regretted can be better than making no decision and stalling when action needs to be taken. |
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Delegated harvesting is not the only reason to use a remote node. I never used NCC with a local node. Why wait for the sync to finish everytime? Why let my SSD be torcherd? It's just a smoother experience all around with a remote node.
Why would running the NCC with a local node torch your SSD? |
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@weisoq++ I saw you added Bter as well. Thanks!! - "++" stands for "add one point to this amazing guy!" Where is the DVC market on Bter? I'm not finding it. |
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I did not know Fimk ever was on Alcurex. The only exchange I know of that carries Fimk is CCDEK. Are there any other exchanges that carry it?
Not public exchanges that we know of. One related to Lompsa.com is in the works and it should spin off at least another one in March. Although still low profile and being set up, you can trade FIMK on the decentralized asset exchange through the Lompsa client or on the web: https://lompsa.com/#/assets/fim/2339799191405258101/tradeContact me through https://forum.fimk.fi if you need to redeem the EUR tokens to real EUR BTC tokens to BTC. Thanks. I'll keep that in mind, especially if CCDEK drops Fimk. For now, I find it easier to work with the exchange. Can you please post updates to the top post if any new exchanges pick up Fimk? |
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Hello from alcurEX.
Sadly I need to say FIMK will be soon delisted from alcurEX.
There is no almost any volume and I like to give change to some other coin.
Please withdraw all FIMK from alcurEX.
Thank you: halibit
alcurEX
I did not know Fimk ever was on Alcurex. The only exchange I know of that carries Fimk is CCDEK. Are there any other exchanges that carry it? |
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From 3k sats to 900 sats. What happened? Did some of the devs decided to dump?
Who knows? I want to buy more, so this isn't so bad. I think a lot of it has to do with the fact that DNotes is a long term hold, and really no good for speculating. A lot of people who hang out on exchanges are there to speculate. The other thing is that I think it's tough for a coin's infrastructure to keep up with its supply increase, especially at the beginning. DNotes infrastructure has more development to do, and once that happens, price will catch up again. Thank you Wiser. I remember saying something the first month of DNotes launch to the effect that the "real value of DNotes is in the future". That statement still hold true today. Like everyone else, I often wonder how could DNotes possibly be trading at sub 1K sat? "Who knows?" is as good as any answer. However, I may add that DNotes has done so much, we have reached the point that most people barely keep up with what we are doing, especially in a noisy and confusing industry. So DNotes is priced like other cryptocurrency without any infrastructure. This is a growing pain for those who are invested for the long term. By the end of this year, investors will see DNotes in a very different light. In addition to Dyna's responses I wanted to add that "dumping", to me, implies driving the price the down with malicious intent to make a profit. Dumping is a huge problem in our industry and the DNotes team will not participate in it. Some people in the industry brag about 'getting in' on the next pump & dump like it is a badge of honor. They probably don't realize (or are so morally bankrupt that they don't care) that pump and dump is a type of securities fraud punishable with up to 5 years in jail (per offence) and possible fines of $10,000 or more. The definition of Pump and Dump in DNotesEDU is as follows: A form of securities fraud in which misleading information is released in order to inflate the value of a particular investment. The 'perpetrators then 'dump' their overvalued holding on new investors. It seems in our industry, a lot of times, these things just happen. The price starts going up and people get into a buying frenzy, and others take advantage of the temporary high to take some profits. I don't think in these cases anyone is being malicious and the people who sell at the top aren't necessarily doing anything wrong, though the people who get caught up in the buying frenzy do often get caught holding an asset that is rapidly losing value. Obviously, when the pump happens because of deliberate misleading information, that is a problem, but sometimes it's just that the price goes up one day and draws in more buyers. I think to some extent it's part of the speculating mentality, where people buy and sell not based on the coin's fundamentals, but based on the desire to make quick profits. |
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From 3k sats to 900 sats. What happened? Did some of the devs decided to dump?
Who knows? I want to buy more, so this isn't so bad. I think a lot of it has to do with the fact that DNotes is a long term hold, and really no good for speculating. A lot of people who hang out on exchanges are there to speculate. The other thing is that I think it's tough for a coin's infrastructure to keep up with its supply increase, especially at the beginning. DNotes infrastructure has more development to do, and once that happens, price will catch up again. |
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One day DNotes may have its own exchange that will operate on a higher moral level, in line with the way DNotes just mentioned the DNotesVault operates - where the vault only acts as a 'custodian' of users' crypto. The way many of the other exchanges are operating is quite worrying, and it kind of makes me think it could be a good idea to have a dedicated page or 'how to' on the DCEBrief page with recommendations on how and where to store, spend, buy and sell crypto etc for new industry members. If we can encourage people to keep minimal funds on exchanges but for what they plan to trade, we could potentially avoid future crypto 'bank runs'. Of course, all these things take time - which seems to be the most limited resource for everybody! But hey, successful people keep busy right!?
Some really great topics being pumped out by the writing team. I'm well impressed. It also appears that articles are coming out more frequently. I can only see more and more exciting news to happen in this industry as it grows, so there will be no shortage of great topics to cover!
I would be all over a DNotes owned exchange! I generally use exchanges just for trades, then I'm out (with the exception of Poloniex when their BTC lending rate is high, as it is now). Still, it would be awesome to be able to use an exchange where you can know your funds are safe even if you did leave them on for a few days. Sometimes those market orders take a while to fill. Perhaps the DNotes vault might expand into both an exchange and a vault for other coins? Not sure if that would present a conflict of interest to combine the two services, though. At the very least, make it really easy to transfer funds from one to the other. |
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Thanks for the tip about Cryptsy. I had a tiny amount of DMD still in Cryptsy that I was able to withdraw without a hitch.
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Awesome news. Thanks for being the "shot in the arm," DevelCuy!
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Interesting technical article on why Bitcoin will probably eventually be replaced. I'm not sure I agree with his picks for replacements as I know of quite a few next generation coins that he doesn't even mention, but then again, I'm not a cryptographer... https://tonyarcieri.com/the-death-of-bitcoinProbably the most important topic, in my opinion, covered in this article is that we don't currently have a means of instant confirmation, which is necessary for consumer needs. On the existing framework, it wouldn't be possible to go buy your coffee without the business owner taking some level of risk. It's not a topic we can elaborate on very deeply, but we do have options for solving these problems. There will be breakthroughs and the DNotes blockchain may be very different from what it looks like today, and as Alan has mentioned there will be many on and off ramps in our payment system. The key reason we feel DNotes has a chance to become the globally accepted supplemental digital currency we have envisioned is because we are building a framework that allows us and everyone else to have a vested interest in DNotes success. That's interesting that there are options for modifying the DNotes blockchain in the future to deal with these issues. And I can also see why it would be premature to try to do so now. I guess part of what you all need to do is pay attention to altcoins that do have interesting block chain innovations (especially the ones not getting media attention) and see what you can learn in the mean time. I wonder if 1 second block interval with ten required confirmations would be technically feasible at this point. If so, it might work. There are probably better options out there in development, though, so no hurry... |
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Interesting technical article on why Bitcoin will probably eventually be replaced. I'm not sure I agree with his picks for replacements as I know of quite a few next generation coins that he doesn't even mention, but then again, I'm not a cryptographer... https://tonyarcieri.com/the-death-of-bitcoin |
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I love that mantra - there truly are NO shortcuts. You can get ahead initially for a bit, but take a look around our industry for example, and every company that had some initial success by doing so: Mt Gox (ran obsolete "beta" coding on their page long term), Cryptsy (lack of communication, build quality of exchange was buggy) have gone on to pay the price for their lack of foresight and negligence. Many millions of their users money has been lost. It's really unfortunate and I hope that the funds are recovered!
Interestingly, not too impressed with Mike Hearn. Could be 90% certain he left as a publicity stunt for his latest venture R3, which is the antithesis of Bitcoin, it's enemy - and Hearn was working behind the scenes with them the whole time. Hearn basically switched sides while the war was happening and intentionally caused disruption. As far as my research went a while back, he wanted to be the "benelovent dictator" of bitcoin, having authority to change bitcoin code to what he had developed. He knew exactly what his statement would do, and he timed it perfectly to his banking and Fed exec meet up. Hearn contributed greatly to Bitcoin, but now it is good to see him gone.
Like all things, we work through challenges. The blocksize is one, but this could end up being an opportunity for DNotes to decide on the best technologies and coding before hitting the mainstream. This makes DNotes much more agile than say, Bitcoin - at least in the interim.
TeeGee, we are always delighted to see your post. I agree that it is quite clear that Mike Hearn had a hidden agenda for sometime. I gave the guy the benefits of the doubt, until I have done my research. It is now too obvious that he told his story with ill intent. What he contributed to Bitcoin, he destroyed. You got it, TeeGee. By strategic choice, we elected not to engage in core development, until the technology has evolved to a level of sufficient certainty, to the extent that the major issues are exposed and potential solutions well thought out. This phase is still on going or unsettled. Additionally, getting ahead of viable market demand is not a wise strategic investment. It is comparable to ramp-up with mass production too early and ended up with huge unsold inventory. Yet this happened all the time causing projects and companies to fail. This is a common problem of our industry. The current price of DNotes is a buying opportunity for long term investors. Let the free market force take its course. Our focus is to be alert and agile so that we can react quickly and effectively to industry changes. We may not want to go big for a little longer but remained nimble in launching the book with a profitable company as soon as possible. When our industry and the world economy are confronted with elevated uncertainties and risks, it is prudent to hold back a little before taking a big leap forward. I'm inclined to agree with both of you about Mike Hearn, and very glad that DNotes is built around a long term strategy |
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The second story really illustrates the point that while Cryptsy would have weathered any issues that were truly technical, and it might have even managed to survive such a large theft, its poor communication/relations with customers will be what actually sinks it. I was on Cryptsy chat many times during the past few weeks and it was clear that Cryptsy top management was not even properly communicating with their own employees. What's sad is that good communication costs the least to implement! |
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Still mining and holding but feeling a little under the weather when i see us go from an average of 5k sat to now sub 1k and falling... mining these is now just killing my power bill is there any thoughts on forking Dnotes to a pos system .. as i watch ETH moving to take bitcoins spot and give the top 1 percent the ability to take over the digital age of money its very disheartening. Bill Gates and there cronies shouldn't be able to run the new age monetary system.. sorry if i sound off ,but all i have done pretty much since dnotes came out was mine it so i kinda have pretty much all my eggs in one basket. I even got my dad on board for the last 10 months and now hes starting to come down on me so no pressure lol. Thanks for all the hard work though everyone i know this isn't the outcome any of you have been looking for.  I appreciate your frustration kold, we feel it as well. On the bright side, you should be able to acquire more DNotes when mining at a lower market price as the price and hashrate reach equilibrium. For now the only option we have is to put our nose to the grindstone. We have a plan and working furiously to execute it while maintaining everything we have built. We appreciate everyone who has stuck with us this long, I find it inspiring in this industry and age of instant gratification that we have so many long term stake holders and supporters willing to stick it out. The DNotesVault is a shining example of just how much faith everyone has placed in DNotes, currently holding almost 20m DNotes in users accounts. I see it a bit differently. I don't mine for the short term, I mine for the long term. Even if the coin/value/power cost ratios are upside down, if I have determined a particular currency, like DNotes, will greatly increase in value in the long run, I'll mine it. Yes, sometimes it's cheaper to just buy it but, that doesn't help the coin or it's perception of value to the public and interested investors. If I choose to invest, I also choose to help out. One way to do that is by mining. I have investigated many coins over the last several years and the first place I go are the forums. I can't tell you how many potential investments I have turned away from by scanning a forum. Yes, I know there is a lot of BS but, there is also a lot of truth. Constant complaints about stuck blockchains and lack of miners is an immediate signal to move on. The only way to keep a POW coin healthy is to mine it. And as for POS, the jury is still out but, most people are admitting pure POS is unsustainable in the long run. Various versions and hybrids of POW/POS are being tried but, as I said, no verdict yet. So, if you can hang in there great! You will be glad you did in the future. If no, no problem, I know what its like to scramble to pay the bills, no shame there. FYI, Diamond (DMD) uses a hybrid POW/POS system, and they at least believe that it keeps the network more secure than if they used either one or the other. Last night there was a fork in one or more of the mining pools, but it didn't seem to affect the majority of the network. That's the extent of what I know about it, but might be worth checking out as a case study. I also happen to personally believe it's a good coin. It uses the Groestl algorithm. |
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I really do not understand why some people constantly refuse to accept the fact that DMD dev team are group of honest and hard working people not trying to steal/screw or scam our community.
Is it really so hard to accept that we re not going to hide anything from you or scam you and that we ll do everything in our power to make sure our community benefits from holding/staking and using DMD.
Remember, DMD s been around 2.5+ years and NOONE has ever been scammed, no scandals, no affairs, just simple trust, friendship and honest.
That must mean something.
It's only because of bad precedent in Crypto community. People who seem honest and well intentioned for years can act strangely when things get tough. Look at what happened with Cryptsy as just one example. People are naturally suspicious as a result, and unfortunately truly honest people take some heat. I believe in the integrity of the DMD team and community. BTW, my wallet seems to be on the correct block, so whatever happened last night doesn't seem to have impacted me. Now if it will just mint one or two more times before the halving... |
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