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. |
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they're trying to nip this in the bud........ they're scared
like the cartoon elephant afraid of a mouse
" To leave the community in such a divisive way leads me to believe he may have been a charismatic but perhaps not quite a benevolent would-be leader. Seems like he's looking out for #1.
Also in light of recent events it might be smart to remember the reported TOR endpoint filtering that I remember people saying Mike had "snuck" into XT and the way he framed it.
Perhaps he was a Trojan horse for the banks/regulators for longer than many might think. When he couldn't get bitcoin to be the system he wanted/needed he quit, slandered it and punched it in the face on the way out the door.
I think all of this sheds light on why caution is more important than quick action.
I think R3 also helps to explain why he'd leave bitcoin in such a way. Clearly there is money to be made catering to banks. What I'm trying to say here is that Mike is looking like a sell-out.
I'd like to hear other people's thoughts on it. "
Sour grapes. He didn't get his way so he took his toys and went home. No great loss. Life goes on without him... |
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'Do you think mass acceptance of another coin, such as DNotes, is in any way dependent on mass acceptance of Bitcoin? Or could it happen independently?'
May I say 'both'? Bitcoin is 'running block' for us, Wiser: first-to-market. Once an individual, though, has some competency with Bitcoin, they may well consider other cryptos, and choose one of those.
And here is where I put in a plug for IndiaMikeZulu's model, P2P-friendly: if you set someone up with Not-Bitcoin as their first crypto, you then have a fine chance that they will both stick with that coin, and become part of its P2P/merchant network.
Have you noticed my constant interest in the altcoin-cap-to-Bitcoin-cap ratio? Your question is why I watch it. And just a couple of days ago, there were four cryptos running multi-mil-$ trading-volumes!
Mark (IndiaMikeZulu), Australia
All markets are fundamentally alike. Do we all still drive Ford Model T cars? After the ground breaker has had some success, the innovators come out of the woods, happens all the time, everywhere. If you build a better mouse trap.... Bitcoin is exactly like the Model T. It's not the first but, it is the first SUCCESSFUL crypto. Some people innitially saw both as a threat, some saw them as a amazing opportunity to change the future. Human nature will always trump the statistics and predictions, on both sides of any issue. Crypto, in some form, will always be with us far into the future. DNotes could well be the replacement for the Model T. |
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There would be too much to quote here, this is a must read for everyone if you haven't come across it already, The resolution of the Bitcoin experiment by Mike Hearn. Fair warning, it is a bit disheartening to read but an important view point to consider from a former bitcoin core developer. Mike is clearly passionate and disappointed, even open source communities need good leadership that is not driven by greed and self interest. I found it to be an emotional opinion from someone who clearly feels cheated. One man's opinion I suppose but, still good reading. As with most things in the tech world that have developed a following, Bitcoin and the underlying technology will continue on without him. |
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will post download link to next update when i wake up in the morning. new years last night/this morning and today was crazy, happy new years everyone
Looks like Griffith didn't wake up yet....maybe still playing his games You should be glad you have him involved, otherwise, these coins would be long dead... |
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@www.....
How is it possible, that you have so much time for posting your shit in the CLOAK-thread? I am sure you have more time then other people because you have no friends or family, but what is with your job or other hobbys. That's not healthy man!
Haha i was thinking the same. How can you put so much energy in this thread, for posting only bullshit. My advice to www, enjoy and relax! CLOAK will be more successful than you think  Use of computers by prison inmates is allowed in many places...  |
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Cryptsy finally posts a meaningful update. Unfortunately it's not good news. Yes, money was stolen (so it wasn't just "technical difficulties"); one option is filing for bankruptcy. They are hoping they might be able to recover the lost funds (apparently they are sitting in a wallet and haven't moved since the theft), but it's a long shot. Trading and withdrawals suspended indefinitely, although it looks like some markets are active. Also, not sure if it's just BTC and LTC withdrawals they are suspending or all of them. http://blog.cryptsy.com/post/137323646202/announcement/Disappointing to say the least. Hopefully the lost funds can be recovered or otherwise worked out. Paul Vernon: "This worked fine for awhile, as profits decreased due to low volume and low Bitcoin prices, we would adjust our spending accordingly. It wasn’t until an article from Coinfire came out that contained many false accusations that things began to crumble. The article basically caused a bank-run, and since we only had so much in reserves for those currencies problems began." Other than the obvious mismanagement, which, in reality, a LOT of businesses in the same position would have done, the statement above about "Coinfire" is key to a rampant problem in the industry, irresponsible reporting. Some people think "freedom of the press" means you can publish anything you want, accuse anyone of anything and, outright lie to the public without consequence. Nothing could be further from the truth especially in a new industry where why too much illegal activity already exists. The Press has a RESPONSIBILITY and a legal mandate to report ONLY the truth. Truth meaning well researched FACTS supported by proven events and publicly available information. It is NOT their job to ruin businesses and peoples lives for the sake of headlines and self gratification oh, and money, there's always the money. And to make matters worse, since so little real content/information is available, ever article and statement has the instant ability to go viral. No chance to make corrections or pull an article, it's already global right after penning the last sentence. I'm sure (?) as the industry matures this will be better controlled and some sense of responsibility will overtake the "wild west" attitude of our fringe press but, even the traditional news sources would sacrifice honesty and accuracy for ratings so, I suppose it's up to us to communicate the truth. Sad. So, in a way, Cryptsy was the victim here in more ways than one. The thing I still have trouble understanding is Paul's silence. He didn't have to reveal everything, hell, he didn't have to reveal ANYTHING, all he had to do was to communicate, to reassure customers, to say "We're working on it, sorry for the inconvenience" This alone would have softened the blow when the truth was revealed, perhaps enough to allow them to continue operations with their customer's help and understanding instead of angst and mistrust. To ALL you new crypto businesses out there I say this: COMMUNICATE! No matter what the problem, no matter how bleak the outcome may be, your fault or not, TELL YOUR CUSTOMERS SOMETHING! When I was in the the Internet Provider business we had one solid rule that was unbreakable: "talk to the customer, we all work for them." |
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Unfortunately, or fortunately, however you look at it, John's mind has gone south for the duration. Several incidents in Belize have pushed him over the edge although he was always ON the edge. I met him once, quite an interesting character but, perhaps a padded room awaits him in the future. Not saying he is right or wrong but, consider the source. McAfee raised a few good points. Personally I don't believe there will be just one digital currency. Some may find niche applications and some may act as representative tokens. So far DNotes is the only one that seems to have long term goals and a real business plan. You are correct, there will be many, some successful, some not. DNotes will succeed. DNotes has always had a plan and, they stick to it and, it's a plan for the success of all involved, that's what makes NOTE different. There are more committed, intelligent, experienced and capable people behind DNotes than almost all other offerings in the crypto-sphere. All I'm saying is to not put all your trust in John's conclusions... On anything! |
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Unfortunately, or fortunately, however you look at it, John's mind has gone south for the duration. Several incidents in Belize have pushed him over the edge although he was always ON the edge. I met him once, quite an interesting character but, perhaps a padded room awaits him in the future. Not saying he is right or wrong but, consider the source. |
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Cryptsy:
"Regarding other issues that have been apparent at Cryptsy for the last couple months, I will be making another post to explain what has been happening in the next couple days."
I understand there is a nasty divorce and gag orders involved in the mystery why Vernon has not spoken out. Even so, it's shaky at best... No excuse can or should be used to justify ignoring so many customers for so long. Having said that, if you are married and planning to start your own business or already owing a business here is an unedited quote from my book: " If you are married, have your spouse pledged to be supportive of your business venture, for better or for worse, otherwise get the best paying job you can find or you will be handicapped right off the gate. Should things get rough, your home is your only refuge to rejuvenate to fight for another day. With or without a formal commitment, your spouse is already your business partner. Would your spouse make the rest of your day better so that you can be energized to have another productive day building the future dreams for your family? Or is it a case that your bad days at work aren't bad because it was after work when things often got rough? If you cannot have peace, comfort, and support when you come home after a long day, your chances of being better than the competition will be greatly diminished." It has been my experience that a lot of successful businesses have one thing in common: Either a commited husband/wife team, and/or a family business. There are certainly handicaps to having a family business. BUT, in my opinion, the benifits outweigh the downsides. At one point in time, over half of my 20 employees were family members. One of the downsides of a family business is having to fire or disipline those you love. Case in point: I have had to fire all three of my children at one time or another. Hell, I have fired one of em MORE than once. And I mean a real firing, done for the right reasons, and done correctly. They all hurt me as a Dad, but the worst was firing my only son. He was pretty big for his age, and helped on the masonry crew since he was 12 years old. I usually worked on the "brick crew" also (loved the work, designing and building fireplaces and chimneys) and worked with him closely for many years. I hired him full time right out of high school, at the age of eighteen. I think he was 20 or 21 years old when he was let go. We were both bawling our eyes out, I could not help it. I felt like Abraham, about to sacrifice his child. I felt like I had failed my son. It all turned out well, he went out into the world, and found out dear old Dad was not such a terrible boss after all. I hired him back after about a year. I sold the company a few years ago, and he still works for the folks I sold the company to. I am trying to get him to come up to Michigan and help me grow daylilies, but so far no success! He likes his damn job too much!! Smokey Tough love is real love. We do a disservice to our children if we don't treat them the same as other employees in this situation. Glad it turned out well! |
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Cryptsy:
"Regarding other issues that have been apparent at Cryptsy for the last couple months, I will be making another post to explain what has been happening in the next couple days."
I understand there is a nasty divorce and gag orders involved in the mystery why Vernon has not spoken out. Even so, it's shaky at best... No excuse can or should be used to justify ignoring so many customers for so long. Having said that, if you are married and planning to start your own business or already owing a business here is an unedited quote from my book: " If you are married, have your spouse pledged to be supportive of your business venture, for better or for worse, otherwise get the best paying job you can find or you will be handicapped right off the gate. Should things get rough, your home is your only refuge to rejuvenate to fight for another day. With or without a formal commitment, your spouse is already your business partner. Would your spouse make the rest of your day better so that you can be energized to have another productive day building the future dreams for your family? Or is it a case that your bad days at work aren't bad because it was after work when things often got rough? If you cannot have peace, comfort, and support when you come home after a long day, your chances of being better than the competition will be greatly diminished." No better advise than this has ever been given! Amen... |
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Meh... Same old crap, different day... |
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Got a whole bunch of these from 2014. Still good?
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Any nodes? Nothing to sync wallet with... |
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> Any idea why when I turn PoS minting on, my wallet goes out of sync after a little while? > I'm running 0.3.7, it will show that the current correct number of blocks was downloaded, > but behave as if I'm about 16k blocks behind, showing a total block number that hasn't even been reached yet. > It does not do this is PoS minting is not activated. Another customer already reported about this strange issue. We reviewed the code, but did not found any problem source. We asked him to provide copy of glitched blockchain, but he answered: "I rebooted computed, and problem is gone", and did not provide blockchain. He has Windows OS, wallet 0.3.7. Currently we assume, there is some glitch over network, when some orphan block considered as "high level". But, we unable to get more details. What we recommend: 1. run repairwallet command in the your wallet. 2. reboot machine. 3. If problem still persist - please create archive, contains blockchain copy (without wallet.dat), and deposit to any file exchange service. Thereafter, notify team@emercoin.com. We'll get archive, and try investigate the issue. FYI: Having exact same problem with 0.3.7 Repair does not seem to correct it. When I have some time, I'll get the files to you... |
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Cryptsy:
"Regarding other issues that have been apparent at Cryptsy for the last couple months, I will be making another post to explain what has been happening in the next couple days."
I understand there is a nasty divorce and gag orders involved in the mystery why Vernon has not spoken out. Even so, it's shaky at best... |
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"Buywall" now as low as 0.00000391 - where are the market manipulations, where is the intervention support? Did the scam regime already give up? Did Daniel Kaufman's bad conscience finally win? Still looking for whistle-blowers  No one can say they weren't warned that this would end badly... |
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Already can't withdraw cloak from cryptsy, somebody people will have lost their coins for regret.
No one can withdrawal ANYTHING from Cryptsy at the moment, all wallets off line until further notice. Not a Cloak problem. |
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New Exchange: https://1ex.trade/index.phpThey are looking for stable coins to add, any interest in adding DNotes? "We are pleased to announce that 1EX.TRADE is open for trading. Today on the 8th of January 2016 is a new mile stone been set for 1EX.TRADE. After months of development and testing we have completed all and are now fully operational. Over the next few days / weeks more and more coins will follow. Only verified or old stable coins will be listed. Multi currency functionality where the trader can set his own market. Direct bank link for withdraw and deposit fiat currencies. We hope you all like the new exchange and start trading with 1EX.TRADE Regards The 1EX.TRADE Team" Thanks RJF. They are of course more than welcome to add DNotes. At a quick look, I couldn't find out much about the company though, who owns and operates it, where they are located, and so on. We have to understandably be cautious. Without doubt. Be nice to get in on the "ground floor" if they check out. CryptoCapital appears to be the parent: https://cryptocapital.co/ & https://cryptocapital.co/exchanges.html |
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New Exchange: https://1ex.trade/index.phpThey are looking for stable coins to add, any interest in adding DNotes? "We are pleased to announce that 1EX.TRADE is open for trading. Today on the 8th of January 2016 is a new mile stone been set for 1EX.TRADE. After months of development and testing we have completed all and are now fully operational. Over the next few days / weeks more and more coins will follow. Only verified or old stable coins will be listed. Multi currency functionality where the trader can set his own market. Direct bank link for withdraw and deposit fiat currencies. We hope you all like the new exchange and start trading with 1EX.TRADE Regards The 1EX.TRADE Team" |
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