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341  Alternate cryptocurrencies / Announcements (Altcoins) / Re: DNotes 2.0 - 4/2/2018 Now Live on: April 24, 2018, 12:18:06 PM
Hello team, been meaning to ask...are there efforts underway to secure a new exchange relationship? The issues with Polo the other day indicate our exchange situation is a risk factor and was wondering if there were efforts to mitigate our nose being open b/c of reliance on Polo.

What are the issues with Polo that you speak about? I haven't actively traded there in sometime, so curious.
342  Alternate cryptocurrencies / Announcements (Altcoins) / Re: DNotes 2.0 - 4/2/2018 Now Live on: April 23, 2018, 08:40:33 PM
Thank you. I'd been thinking about it for a while so it came together really quickly for me. I agree. I definitely resonate with DNotes' focus on education. I think it would be awesome to develop some modularized real world classes that could be offered anywhere from library workshops to college and high school courses, or even "summer camps."

Op-Ed: It’s Vital to Understand that Cryptocurrency is a Real Industry

https://dcebrief.com/op-ed-its-vital-to-understand-that-cryptocurrency-is-a-real-industry/

Thank you wiser for contributing a great article. Unfortunately, most of us ended up learning the hard way at some point in our life time. Helping to educate investors in our industry is a good thing. We believe that DNotes is doing the right thing by having a strong emphasis on education.
Great job and thank you.

This is a real industry, and if you want to get involved either as an investor or an employee or contractor, you need to treat it like a real industry…………
You will need to know these things whether your goal is to land a job within the industry or to buy holdings in one or more companies within the industry. You wouldn’t walk into an interview or buy a hundred thousand shares without such knowledge
.”

343  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] FIMK: 2.5G POS, extra block rewards, messaging, asset colors, p2p shopping on: April 22, 2018, 01:35:30 PM
Where are the Fimk developers?
Daily on https://discord.gg/9aS72N2
Working on HEAT where FIMK's plans are however intricately connected and not abandoned.

Quote
I'm working on taxes, and it would be nice to know if I should write this venture off as a loss or not...
I suppose it'd be less complicated to not have written it off when some of our long term progress begins to materialize. Your call, we're not tax advisors Smiley

Thanks for the Discord link! I just accepted the invite so I can check in there from time to time.

I haven't written off anything related to FIMK. Currently my holdings are worth less than $100 so it's not complicating anything.

Can you give me a summary here of how HEAT relates to FIMK? I understand there was a window of time you could trade them one for one, which I totally missed because I wasn't paying attention (and that inattention has cost me big time as HEAT is actually worth something whereas FIMK now isn't).

What are you doing specifically to develop FIMK and in the future raise its value? Can you give the summary here? Then I can go to Discord to unpack the details. Or better yet, if you have an article or whitepaper written up, that would be awesome. Thanks.
344  Alternate cryptocurrencies / Announcements (Altcoins) / Re: DNotes 2.0 - 4/2/2018 Now Live on: April 21, 2018, 07:13:01 PM
I would have to agree with him that crypto is not going to replace fiat anytime soon. But it will work alongside it. Also, crypto solves some financial problems that central banking has not been able to solve to date.

As for the illicit uses, you could say similar things about cash...

San Francisco Fed President Says Crypto Fails ‘Basic Test’ of Currency

https://dcebrief.com/san-francisco-fed-president-says-crypto-fails-basic-test-of-currency/
345  Alternate cryptocurrencies / Announcements (Altcoins) / Re: NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs on: April 21, 2018, 05:37:13 PM
I've noticed that too. It did seem more difficult to really connect with the devs as far as making our own contributions, though they've always been very responsive to technical support types of issues. I honestly think it's simply that temperament wise, the NEM developers aren't really people or relationship oriented. They're very focused on coding and the technology and being personable and engaging is a whole other skill set.

Lol. It's called division of responsibilities and delegation.

If you go back in the NEM time machine, you'll find that the core developers were much more active earlier on in the project before the first "Marketing Lead" (xtester) was brought on. It was an intentional decision to separate into two teams - development and marketing - at that time. With that separation in place, there was less need for the core developers to directly engage in marketing activities. Nonetheless, any technical people who wanted to join the project could reach out to us.

As time went on, the division became starker and became far more formalized around two years ago. The development team partnered with TB to begin catapult development. The marketing team evolved into the NEM foundation and focused on NEM1 marketing.

You can disagree on the effectiveness of this approach, but it's a bit unfair to claim the developers are not personable. This is all by design. Building catapult from scratch requires a LOT of effort and focus and some insulation was needed to hasten development.

I think what people are commenting on is that there seems to have been a gap in reaching out and interacting with the community between the time the decision was made to have devs focus on development (a totally legit decision) and the time that marketing and outreach efforts have gotten more formalized and underway.

I don't think it's going to make a huge difference in the long run, but yes, there has been a significant time when there didn't seem to be much communication between the dev team and the community. Again, I don't think anyone did anything wrong. It's just something I'm glad to see is being remedied by better marketing/outreach efforts and expanding the team.
346  Alternate cryptocurrencies / Announcements (Altcoins) / Re: NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs on: April 21, 2018, 04:07:20 PM
I am really glad things are improving, and I don't think it will be long before things catch up to a level we think they should be. We can't go back in time, but the future looks bright.

I've watched a few of the Inside NEM episodes, and I think Alexandra Tinsman comes across as very friendly and personable. It may be that her job responsibilities could and maybe should also include community engagement, organizing community efforts, etc. Or, if she already has her hands full with the marketing efforts, then maybe someone with a similar demeanor should be hired for things like community and investor relations.

She's very good and I hope she does more.

It is improving rapidly with meetups and much more active social media accounts and so on, but had similar engagement happened in the earlier days it's likely things would be considerably further along.

Better to be ground up than top down.

347  Alternate cryptocurrencies / Announcements (Altcoins) / Re: DNotes 2.0 - 4/2/2018 Now Live on: April 21, 2018, 03:23:24 PM
I think Warren Buffet may be that case of having done enough things right that he hasn't been too burned by the wrong things he has also done. No one is perfect. He has some great quotes. Everyone is capable of teaching us some truth and we don't have to agree with everything about them to learn that truth.

I think surrounding yourself with other intelligent people, and not trying to do it all yourself, is a valuable thing. I've even heard it said that if you run a company, you should try to hire people who are even smarter than you, at least in the job for which you hire them. I think that is great advice.

I think a case in point with that being put into practice is DNotes Global's partnership with Geneca. I'm assuming the people at Geneca are way smarter at software development than anyone on the DNotes team (even though we do have some great technical minds). And that's why DNotes Global chose them.
348  Alternate cryptocurrencies / Announcements (Altcoins) / Re: NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs on: April 21, 2018, 01:59:09 PM
https://medium.com/nemofficial/an-interview-with-nem-core-developer-bloody-rookie-4b05c340773d

Nice interview with one of the catapult core devs. Worth a read  Wink

He's having a moan at the community again. Fair enough. But in the past the core team have rarely acknowledged any community effort and weren't remotely interested in interacting with them or listening to suggestions. That hasn't fostered an atmosphere that encourages people to pitch in.

That's changing now but a lot of potential has been squandered and I'm sure people have walked to other more inclusive projects.

I've noticed that too. It did seem more difficult to really connect with the devs as far as making our own contributions, though they've always been very responsive to technical support types of issues. I honestly think it's simply that temperament wise, the NEM developers aren't really people or relationship oriented. They're very focused on coding and the technology and being personable and engaging is a whole other skill set.

I've watched a few of the Inside NEM episodes, and I think Alexandra Tinsman comes across as very friendly and personable. It may be that her job responsibilities could and maybe should also include community engagement, organizing community efforts, etc. Or, if she already has her hands full with the marketing efforts, then maybe someone with a similar demeanor should be hired for things like community and investor relations.

This is a situation where honestly, no one is doing anything wrong, but there is a critical need not being met. Hiring the right person to meet that need would make all the difference.
349  Alternate cryptocurrencies / Announcements (Altcoins) / Re: DNotes 2.0 - 4/2/2018 Now Live on: April 19, 2018, 12:58:11 PM
I totally agree with the point the Dyna and wiser were making. Sometimes I have a feeling that investing in crypto is more of a gambling than a real investment. There are a lot of teams out there who are making big promises and in the end after some pump they dump the coin and grab the money bags and go on tropical island Roll Eyes

it is especially hard for inexperienced traders to tell the difference between those hyped coins and real projects who are aiming at long term success. I'm not an exception and I was also learning on my mistakes. In the past I invested in some of the coins that turned out to be dissapointments and at many of them happened just what I described before. The developers pumped the price somehow...then they did not deliver what they promised and abandoned the projects. Some of them made a few false promises after that, but many disappeared.

But yes a lot of people who are investing in crypto are impartient...as wiser and Dnya said they many times struggle with some form of financial desperation and wants to make some money FAST. And by doing that them make some irrational mistakes and wrong investments. Indeed some have luck and make some money, but many of them does not have that kind of luck.

Maybe I'll write a blog or sth. like that on Steemit one of this days  Smiley it is little harder for me since I'm not a native English speaker so I have some grammar mistakes, but I want the blog/article to be readable  Cheesy

Well in any case...because I learned from my mistakes a little (at least I hope I did) now I'm always looking not just at coins, but also in the team behind the coin. It is of great importance that team is serious and can be trusted. This is why I have chosen not only to invest in DNotes, but also to help spread the word about this coin and the team behind it. I'm not a famous or public person, so I do not have much impact, but still...I belive in this project and team and so I'm trying to help as much as I can. And also I believe that this coin is great long term investment opportunity, so if I recommend it to someone I'm sure that I'm actually doing that person a big favour  Cheesy

Keep up the good work and  I can't wait to hear even more good news from this coin in the future...I'm sure that there will be many of them Cool

Amadeus82, I've been there--what you're talking about--and also hoping to learn from past mistakes, although it seems the opportunities to make *new* mistakes are endless, and scam artists are getting more sophisticated and subtle in this space.

I was looking around the DNotesEDU site and found a great article which is chock full of questions you should ask of any project you are considering investing in. The included video from NextGen Crowdfunding is also excellent. I thought it was worth sharing so I highlighted it on Steemit.

https://steemit.com/cryptocurrencyeducation/@wiser/this-thing-called-due-diligence
350  Alternate cryptocurrencies / Announcements (Altcoins) / Re: DNotes 2.0 - 4/2/2018 Now Live on: April 18, 2018, 11:47:17 PM
Well, I actually spent at least that much to write my book, get it published, and give it to DNotes Global 100% royalty free so that all of  DNotes stakeholders and other entrepreneur can benefit from it.

Having said that, this shows the madness of our industry. It is totally out of control. Greed is overwhelming that better side of humanity.

This is a real technology revolution that presents a generational opportunity for the entire world. We cannot let a small minority hijack a vital technology breakthrough that could contribute significantly to the better good of mankind.

Personally, I wish investors will start spending more time to understand what they are investing in. If it is not researchable and verifiable, be care and only proceed with caution.  

The book was quite a big project. I enjoyed working on my contribution very much Smiley

Not to disagree, but I think another factor playing into the careless investing may be that a lot of people have spent significant time in their adult lives living paycheck to paycheck and barely making it, or feeling like there's never enough. I think a lot of those people see amazing financial opportunities in cryptocurrencies and they can almost taste what it might be like to not have to worry about money ever again that they kind of go a bit crazy on the investing. I think there's an element of desperation going on, stemming from some of the larger economic issues going on at this time.

The foundation that DNotes is laying and the work of DNotesEDU will help a lot of people make smarter cryptocurrency investment decisions.
351  Alternate cryptocurrencies / Announcements (Altcoins) / Re: DNotes 2.0 - 4/2/2018 Now Live on: April 18, 2018, 10:06:37 PM
Many thanks to Joe,Mr.Alan Yong,Chase,Ken and all Dnotes team for support.

All real projects need to be united and help each other on their way to final adoption.


Best,

Nele


Nele, we are always happy to see you. I am in total agreement with you that, "All real projects need to be united and help each other on their way to final adoption."

I have been deeply involved in many different industries but have never came across an industry that is so loaded with issues and bad actors as ours. There are many great projects, but they are out-numbered by a lot of questionable ones often launched to make some quick bucks for a small group of people.

That "quick buck" mentality has led to a lot of ridiculous pricing of services, products, advertising, marketing, consulting, ICO advisory services, listing on an exchange, speaking/sponsorship and more. Some of them want more than "an arm and a leg". Someone recently offered to write two articles for us for $25,000. And customer experience has mostly "gone to hell". The "take it or leave it - not my problem" attitude is so pronounced it is a big turn-off to customer experience. My sense is that many of the little guys will be pushed out of the market, including some great projects.

We are relentlessly, committed to lead by example and will be delighted to work with our industry peers to see that legitimate players in our industry are given a chance and treated with fairness and respect.  

After all, DNotes is about inclusiveness and giving everyone a fair chance.

Nele, feel free to let us know if there is anything that we can be helpful.

Best Regards to you and your team at Game Credits.

Alan


$25,000 for two articles? Hey, I can beat that. I'll only charge half of that (LOL)...
352  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [DVC]DevCoin - Official Thread - Moderated on: April 18, 2018, 09:56:58 PM
almost no volume on Coinscontrol - are they just testing? Does anyone know their status?

Are you talking about DVC volume? Has it been listed?
353  Alternate cryptocurrencies / Announcements (Altcoins) / Re: DNotes 2.0 - 4/2/2018 Now Live on: April 18, 2018, 01:31:44 PM
Oh yeah, the block reward is always Current Total Coins / 525,600 * .02.

Not exactly on the earnings part.
All coins are proportionally equal in terms of the reward value. However, your reward percentage varies based on how many total coins are staking.

For instance, roughly 1/3 of all coins are staking right now, so let's use that for our example, and let's use 150,000,000 for the figure for total coins.
We know that 2% of 150,000,000 will be distributed over the coarse of the year. Which is 3,000,000 coins.
If 100% of the coins were being staked, everyone would receive 2% (more because of the compounding element, but let's keep it simple and exclude it)
But where only 1/3 of all coins are being staked, 50,000,000, the reward doesn't change just the distribution. So each user would earn 6% (again excluding compounding).

Ah, even better. So far what I've noticed is around 50 million coins staking at any one time, with occasional surges where more coins are staking for brief periods of time.

So... the bottom line is that all of my coins (regardless of how the inputs are) should be earning 2% if all coins in circulation are staking and 6 percent if 1/3 coins are staking (and every possibility in between depending on network weight). Mainly, I should send them to the addresses I want and then leave them alone. Right? It will all balance out over time.
354  Alternate cryptocurrencies / Announcements (Altcoins) / Re: DNotes 2.0 - 4/2/2018 Now Live on: April 18, 2018, 02:32:59 AM
Here is an example:
amount   transactions   divided
2203557   575   0.000260942
189441   27   0.000142524
11806   2   0.000169408
31700   5   0.000157729
21799   6   0.000275237

All of these have one starting input. The luckiest one is the one with the balance of 21799 right now. But as time goes on I expect these to get closer and closer in the amount of luck they have.

What do the columns mean? I'm assuming "amount" is wallet balance, "transactions" is number of minting transactions. I have no idea what "divided" is.

Divided the number of transactions by the amount of coins. Or you can divide it the other way, number of coins / transactions (makes the lower number more lucky), either way it tells the same story in different ways. But the story is that: It doesn't matter how many coins are where, you will get varied results when looking at a short amount of time.

I think I see it. One interesting thing I notice in my wallet is that the minted amount is right around 5.85 NOTE no matter which pile of coins minted. So a smaller pile might mint fewer times than a larger one, but each minting instance is larger in terms of percent of the pile size for the smaller pile.

So, I'm concluding from this that I should put my coins in however many different addresses I want and just leave them alone, and over the long haul, every address with a balance will mint at a rate of 2% per year. Is that correct?
355  Alternate cryptocurrencies / Announcements (Altcoins) / Re: DNotes 2.0 - 4/2/2018 Now Live on: April 17, 2018, 08:08:14 PM
Here is an example:
amount   transactions   divided
2203557   575   0.000260942
189441   27   0.000142524
11806   2   0.000169408
31700   5   0.000157729
21799   6   0.000275237

All of these have one starting input. The luckiest one is the one with the balance of 21799 right now. But as time goes on I expect these to get closer and closer in the amount of luck they have.

What do the columns mean? I'm assuming "amount" is wallet balance, "transactions" is number of minting transactions. I have no idea what "divided" is.
356  Alternate cryptocurrencies / Announcements (Altcoins) / Re: DNotes 2.0 - 4/2/2018 Now Live on: April 17, 2018, 07:02:28 PM
Confirmed the only factor is your weight against the network weight and those weights are based entirely upon the number of coins currently staking.

Thanks for confirming this. It matches my observations.

What about ideal coin pile size? Is there one, and if so, does the wallet try to automatically maintain it?

Right now it's looking like the best thing is to keep your pile as large as possible for optimal staking odds, but I still need to first get all my coins over to my wallet, and second, do some experimenting.

Whatever the optimal staking conditions are (and that will depend on the formula used), it would be *awesome* if the wallet automatically consolidated or split coin piles to match that optimal pile size. Otherwise users have to periodically do that manually.

Your staking weight is the combination of all funds being staked in your wallet. As far as moving them around, or in different addresses or piles, would make no difference over time. Having them split in different staking wallets all-together, won't make a difference over time, but of course you would have two different points of failure.


So if in the same wallet I have three inputs (piles) of 5000 NOTE each, would those mint just as readily as if it was all a single input of 15,000 NOTE? What I'm seeing so far is that the larger piles mint and the smaller piles don't, but it may be that this balances out over time. I don't know.
357  Alternate cryptocurrencies / Announcements (Altcoins) / Re: DNotes 2.0 - 4/2/2018 Now Live on: April 17, 2018, 05:38:42 PM
Confirmed the only factor is your weight against the network weight and those weights are based entirely upon the number of coins currently staking.

Thanks for confirming this. It matches my observations.

What about ideal coin pile size? Is there one, and if so, does the wallet try to automatically maintain it?

Right now it's looking like the best thing is to keep your pile as large as possible for optimal staking odds, but I still need to first get all my coins over to my wallet, and second, do some experimenting.

Whatever the optimal staking conditions are (and that will depend on the formula used), it would be *awesome* if the wallet automatically consolidated or split coin piles to match that optimal pile size. Otherwise users have to periodically do that manually.
358  Other / Beginners & Help / Re: This Websites will Helpful for Cryptocurrency on: April 17, 2018, 04:26:31 PM
I like lists like this. Thanks for posting. You should add DNotesEDU to your list. It's a general education site about both basic financial literacy and cryptocurrencies.
359  Other / Beginners & Help / Re: Little helping hand for a newbie! on: April 17, 2018, 04:23:25 PM
You get to learn about Bitcoin and cryptocurrencies! That's why you came here, right?
360  Bitcoin / Bitcoin Discussion / Some specific due diligence recommendations before you invest on: April 17, 2018, 02:03:21 PM
This web page from DNotesEDU is chock full of great specific due diligence recommendations. It includes a video from NextGen Crowdfunding that explains the specific questions to ask companies seeking to raise funds through your investment. Although there are some variations, much of this information is directly applicable to the cryptocurrency industry.

https://dnotesedu.com/2018/02/cryptocurrency-ico-screening-guide-for-investors/

Having been burned by a failed ICO or two, I am coming to realize that smart investing is a skill that takes time and education to develop. I have much to learn. Feel free to join me on my own journey Smiley
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