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Author Topic: DNotes 2.0 - Staking, CRISP Interest, DNotes Pay  (Read 148794 times)
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June 29, 2018, 05:26:21 PM
 #4661

Wondering what DNotes is all about? Here’s the basics:

What is DNotes?
•   DNotes is a digital currency with a purpose: to serve as a real currency that people can use in their daily lives - unlike other digital currencies that focus on solving niche problems, with no plan to become a real, usable currency.
•   The DNotes goal is simple: achieve mass adoption and become the world’s first accessible, inclusive, and financially empowering digital currency that benefits everyone around the globe.

What are DNotes’ Benefits as a Currency?
•   DNotes is managed as a business – but not controlled as one.
•   DNotes success is driven by a profit-generating company, DNotes Global, created to promote mass adoption, protect the currency, and ensure sustainable growth.
•   DNotes’ unique CRISP savings program rewards DNotes owners with 0.5% interest, every month
•   DNotes offers staking rewards for stakeholders – at 2% a year.
•   DNotes provides blockchain invoicing features to simplify merchant acceptance and adoption of the digital currency.

What Benefits Does DNotes Global Provide?
DNotes Global protects DNotes and its stakeholders, promotes mass adoption, and creates value and utility for the digital currency, including a fully integrated ecosystem.
The company provides a unique cross-ownership model, with DNotes owning 25% of DNotes Global (pre-dilution), while the for-profit business maintains a stake in the digital currency.
DNotes Global generates profit, creating intrinsic value for the DNotes currency to help create a “floor” for the digital currency’s value.
DNotes Global has plans to build a long-term competitive advantage by offering services that utilize DNotes. That strategy will also help to facilitate awareness and adoption of the DNotes currency.
Long term competitive advantage DNotes Global will provide in offering services that utilize DNotes.

What’s Next?
Fully compliant Reg D 506 (c) crowdfunding followed by a Reg A+ Mini-IPO.
DNotes Payment Solution Integration into Existing eCommerce Platforms
Cold Staking Implementation & More

Where can I learn more?  
Pitch Deck - https://dnotesglobal.com/PitchDeck.pptx
Pitch Deck Video - https://www.youtube.com/watch?v=XculeWKdbbE
White Paper - https://dnotesglobal.com/white-paper/
Website - http://dnotescoin.com/
Blog - http://dnotescoin.com/blog-main-hub/


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June 29, 2018, 05:28:47 PM
 #4662

So I had another Mercatox moment today. A few hours ago I placed a limit buy order of 25,000 DNotes for 620 Satoshi. At the time there was a standing sell order of 400 DNotes for 620 Satoshi. So as soon as I placed the order I immediately bought 400 DNotes and that eliminated all sell orders for 620. Not too long after that, A sell of 25,084.1 DNotes at 620 Satoshi executed. But not one bit of my standing limit order at that price was filled. It still sits on the order book at 24,600 DNotes for 620 Satoshi and it might never fill because the price has been going nowhere but up all day. Since placing that order triggered the standing sell order to fill, I would think that meant my order was first in line. But instead, some other order filled first, and mine still sits there waiting.

How is this explained by technical difficulties?

I see no other orders for 620 Satoshi and haven't for hours. As far as I know, my order is the only one, and if there were invisible orders, mine had to be first. And yet, it wasn't the first to fill when someone else sold more than the amount I'd ordered at that price.

I feel like I'm playing by a set of rules I do not understand. Is anyone else trading on Mercatox? Could you share some insight?

How is this explained by technical difficulties?

Depends how orders are filled. If you don't specify in which order orders are filled, they could fill in any order or default to newest to oldest. However I'm not arguing your issues are technical, the only ones who would truly know is mercatox. I do not see how an exchange would benefit from doing this intentionally either. I am just offering an alternative explanation that may not be so nefarious.

I would recommend opening a support ticket to explain your experiences. This link seems to be working.
https://support.mercatox.com/


Thanks for the insight, and I'm really not trying to be a party pooper. Just observed some strange (to me) exchange behavior, and I will choose to take the view that these are unintentional technical things. I hear what you were saying earlier about it taking a lot "under the hood" to make an exchange truly work properly especially when lots of people are using it at the same time. I'm really looking forward to the DNotes Global exchange Smiley

There was a very brief flash crash before the price just went up by another 100 Satoshi, so in the end I got those orders filled and I'm already in profit.

Thanks for the link to support--it works. I will open up a ticket if I have any more trouble.

Mercatox is shady. No bad experiences with them myself as I have avoided them based on the experiences of others but mercatox has a long history of shady practices that are well documented especially when the price of XRB (now Nano) climbed exponentially in December. People had their coins locked up for months on there. I would not be surprised at all if what you are noticing is very real. I would also advise not using mercatox moving forward.
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June 29, 2018, 09:20:16 PM
 #4663

Mercatox is shady. No bad experiences with them myself as I have avoided them based on the experiences of others but mercatox has a long history of shady practices that are well documented especially when the price of XRB (now Nano) climbed exponentially in December. People had their coins locked up for months on there. I would not be surprised at all if what you are noticing is very real. I would also advise not using mercatox moving forward.

I'm bummed to hear that. I really hope that it can all be explained by scaling up and other technical issues, but I hear you. I'll keep watching as long as I'm trading there. It still has the best volume for BTC/NOTE. However, I have found that with patience I can buy DNotes a lot cheaper on Stocks.exchange. I'm trading on both.

My verification on Mercatox is pending so I can only withdraw 0.5 BTC every 24 hours, but other than that, I have had no issue with withdrawing either BTC or NOTE. Right now BTC wallet is in maintenance.
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June 29, 2018, 11:00:21 PM
 #4664

Bloomberg Report Raises More Questions about Tether and Market Manipulation

https://dcebrief.com/bloomberg-report-raises-more-questions-about-tether-and-market-manipulation/
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June 29, 2018, 11:22:44 PM
 #4665

The crypto discussion at the Senate subcommittee hearing yesterday is just another reminder of why DNotes' commitment to doing things the right way is going to be so important going forward. Lawmakers and regulators are focusing more attention than ever on this industry, and taking note of legally dubious companies and practices. Meanwhile, the DNotes team has been focused like a laser on complying with laws and regulations - and establishing a reputation of trust and legitimacy that few digital currency projects will be able to match.

This is the type of project that Scott Dueweke was talking about when he suggested that policymakers encourage "the growth of new virtual currencies that are committed to proper compliance with the law." When government eventually moves to rein in the industry's worst impulses, DNotes will be well-positioned to survive and thrive even as others fall by the wayside.

https://dcebrief.com/cybersecurity-expert-crypto-could-be-used-for-foreign-meddling-in-us-elections/




Interestingly regulators worldwide have been slow to apprehend people who are raising capital without basic investor protections. Many capital raises in the space are done under the guise of being "forward-sold goods" or "utility tokens". Even if this were the true intention of the raising business, the economy doesn't focus like that whatsoever. The vast majority of projects build garbage-grade products that have near-zero utility or community support after completion, and 'utility token' buyers invariably treat their purchase as an 'investment' for gain rather than advance payment for goods and services. If this were not the case, we would rarely see any individual buyers acquiring more than $20-50 USD worth of tokens. Instead we see the average buy orders in the thousands of dollars for products with next to no viable use.

98%+ of ICO projects would never be able to successfully raise capital from sophisticated investors through traditional financial markets, since they don't have the trust, credibility, competency, nor experience to pass scrutiny by the SEC and savvy investors.

DNotes of course isn't concerned whatsoever about this, we are putting ourselves through the highest level of investor and regulatory scrutiny through Reg D & Reg A+ offerings because we are certain in the quality that we deliver.


"The vast majority of projects build garbage-grade products that have near-zero utility or community support after completion, and 'utility token' buyers invariably treat their purchase as an 'investment' for gain rather than advance payment for goods and services."

It would be more surprising if they built anything with real value, since so few of those products/projects are based on any real, achievable vision. Most of them are money grabs, pure and simple. In his book, Alan talks about entrepreneurs who start businesses because they see others doing the same thing, and how they usually fail because they're unprepared for the realities of business ownership. They lack vision, strategic thinking, and any purpose beyond the faint hope that they can make money doing what everyone else is doing.

The DNotes approach is decidedly different, with a focus on providing real-world benefits to real people. Real quality. Real trust. A real strategy, and the very real leadership needed to make these things happen so that digital currency can finally fulfill its promise and potential. All done the right way, at the right time, and for the right reasons.
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June 30, 2018, 12:46:22 PM
 #4666

Great work everyone, there is some outstanding community support happening right now. Let's keep the momentum going!

Make sure to watch and share these best in class instructional videos by DNotes director Tim Goggin, republished on DNotesEDU.com (with links):

Video: How To Purchase Bitcoin & DNotes – Mercatox Exchange
https://dnotesedu.com/2018/06/video-how-to-purchase-bitcoin-dnotes-mercatox-exchange/

Video: How To Install & Use DNotes Electrum Wallet
https://dnotesedu.com/2018/06/video-how-to-install-use-dnotes-electrum-wallet/

Tim's tutorial video was also picked up by cryptocurrency news site Bitcoin Market Share. https://bitcoinmarketshare.com/electrum-wallet-setup-guide/

Do you think Bitcoin Market Share likes DNotes? They have a DNotes dedicated page, and this banner ad shows up throughout the site:
https://bitcoinmarketshare.com/wp-content/uploads/2018/06/dnotes-g.gif


Indeed, the person behind that website is one of our highly-valued supporters and we are very appreciative of their efforts (I'm not sure of their alias if they read or post in this forum). They're very correct though, DNotes is one of the most undervalued cryptocurrencies, and is going to have a very eventful 2018, with an even greater 2019 (as that is when the proceeds from the larger M-IPO will become available). At that juncture you'll see DNotes Global and battling on multiple fronts through the company's various subsidiaries.

There is also another video Brandon that teaches people how to install, pay, and stake using the standard DNotes QT wallet here: https://www.youtube.com/watch?v=bR66LWPRzAU&t=



Thanks Tim! These videos are essential in helping newcomers learn the ins and outs of operating in the DNotes ecosystem.

Video: How To Install, Pay & Stake Using The DNotes QT Wallet
https://dnotesedu.com/2018/06/video-how-to-install-pay-stake-using-the-dnotes-qt-wallet/

Agreed great job on the recent videos Tim!












We have high confidence in DNotes, its future and the team behind it. DNotes have fantastic potential, and BitcoinMarketShare is proud to support it. In the months and years to come, we look forward to being a small part of the DNotes community.
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June 30, 2018, 01:07:13 PM
 #4667

Mercatox is shady. No bad experiences with them myself as I have avoided them based on the experiences of others but mercatox has a long history of shady practices that are well documented especially when the price of XRB (now Nano) climbed exponentially in December. People had their coins locked up for months on there. I would not be surprised at all if what you are noticing is very real. I would also advise not using mercatox moving forward.

I'm bummed to hear that. I really hope that it can all be explained by scaling up and other technical issues, but I hear you. I'll keep watching as long as I'm trading there. It still has the best volume for BTC/NOTE. However, I have found that with patience I can buy DNotes a lot cheaper on Stocks.exchange. I'm trading on both.

My verification on Mercatox is pending so I can only withdraw 0.5 BTC every 24 hours, but other than that, I have had no issue with withdrawing either BTC or NOTE. Right now BTC wallet is in maintenance.

We have always believed trust will play a major role in digital currency mass adoption. This is part of the reason we created the DNotesVault and ask users not to store your coins on exchanges if you are not actively trading them.

You can search any exchange and add the word scam to it and find hundreds of scam accusations and problems reported, even the most clearly legitimate ones like coinbase. Not to undermine anyone's real experiences and issues, there are real problems and we intend to help alleviate those issues. I'm sure many of you who have been around for a while can attest, we could fill the forum with stories. For now, all we can do is work with what we got while working toward something better.


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June 30, 2018, 01:09:08 PM
 #4668

Great work everyone, there is some outstanding community support happening right now. Let's keep the momentum going!

Make sure to watch and share these best in class instructional videos by DNotes director Tim Goggin, republished on DNotesEDU.com (with links):

Video: How To Purchase Bitcoin & DNotes – Mercatox Exchange
https://dnotesedu.com/2018/06/video-how-to-purchase-bitcoin-dnotes-mercatox-exchange/

Video: How To Install & Use DNotes Electrum Wallet
https://dnotesedu.com/2018/06/video-how-to-install-use-dnotes-electrum-wallet/

Tim's tutorial video was also picked up by cryptocurrency news site Bitcoin Market Share. https://bitcoinmarketshare.com/electrum-wallet-setup-guide/

Do you think Bitcoin Market Share likes DNotes? They have a DNotes dedicated page, and this banner ad shows up throughout the site:



Indeed, the person behind that website is one of our highly-valued supporters and we are very appreciative of their efforts (I'm not sure of their alias if they read or post in this forum). They're very correct though, DNotes is one of the most undervalued cryptocurrencies, and is going to have a very eventful 2018, with an even greater 2019 (as that is when the proceeds from the larger M-IPO will become available). At that juncture you'll see DNotes Global and battling on multiple fronts through the company's various subsidiaries.

There is also another video Brandon that teaches people how to install, pay, and stake using the standard DNotes QT wallet here: https://www.youtube.com/watch?v=bR66LWPRzAU&t=



Thanks Tim! These videos are essential in helping newcomers learn the ins and outs of operating in the DNotes ecosystem.

Video: How To Install, Pay & Stake Using The DNotes QT Wallet
https://dnotesedu.com/2018/06/video-how-to-install-pay-stake-using-the-dnotes-qt-wallet/

Agreed great job on the recent videos Tim!


How To Purchase Bitcoin & DNotes - Mercatox Exchange



https://www.youtube.com/watch?v=N4THrI0CC2Q


How To Install, Pay & Stake Using The DNotes QT Wallet.



https://www.youtube.com/watch?v=bR66LWPRzAU


How To Install & Use DNotes Electrum Wallet



https://www.youtube.com/watch?v=D4Desgtrwjg






We have high confidence in DNotes, its future and the team behind it. DNotes have fantastic potential, and BitcoinMarketShare is proud to support it. In the months and years to come, we look forward to being a small part of the DNotes community.


Welcome bitcoinmarketshare, thank you for your tremendous efforts in supporting DNotes and it's community! We greatly appreciate it.

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June 30, 2018, 01:29:58 PM
 #4669


We have always believed trust will play a major role in digital currency mass adoption. This is part of the reason we created the DNotesVault and ask users not to store your coins on exchanges if you are not actively trading them.

You can search any exchange and add the word scam to it and find hundreds of scam accusations and problems reported, even the most clearly legitimate ones like coinbase. Not to undermine anyone's real experiences and issues, there are real problems and we intend to help alleviate those issues. I'm sure many of you who have been around for a while can attest, we could fill the forum with stories. For now, all we can do is work with what we got while working toward something better.



That is well said. I see DNotes Vault as big advantage point, compared to most other cryptocurrencies. It is free and easy to use tool to securely store the DNotes coin. At the same time it also enables you to get CRISP reward.

Considering all the scam and also security problems with the exchanges such secure and easy way to store coins is really valuable Wink
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June 30, 2018, 01:40:00 PM
 #4670


We have always believed trust will play a major role in digital currency mass adoption. This is part of the reason we created the DNotesVault and ask users not to store your coins on exchanges if you are not actively trading them.

You can search any exchange and add the word scam to it and find hundreds of scam accusations and problems reported, even the most clearly legitimate ones like coinbase. Not to undermine anyone's real experiences and issues, there are real problems and we intend to help alleviate those issues. I'm sure many of you who have been around for a while can attest, we could fill the forum with stories. For now, all we can do is work with what we got while working toward something better.



That is well said. I see DNotes Vault as big advantage point, compared to most other cryptocurrencies. It is free and easy to use tool to securely store the DNotes coin. At the same time it also enables you to get CRISP reward.

Considering all the scam and also security problems with the exchanges such secure and easy way to store coins is really valuable Wink

Agreed, most users in the future won't even need to worry about exchanges, since they will be able to spend their DNotes in place of fiat. For this next generation of user, the exchange will essentially be nothing more than a valuation tool to decide how much each DNote is worth.
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June 30, 2018, 01:48:37 PM
 #4671

Charlie Lee Says Tether’s 250 Million USDT Issuance May Be “Precursor” of Price Increase

https://dcebrief.com/charlie-lee-says-tethers-250-million-usdt-issuance-may-be-precursor-of-price-increase/


Charlie Lee was right, the 250 million dollars in quantitative easing printed by Tether has had a profound short term effect on cryptocurrency valuations.
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June 30, 2018, 03:42:35 PM
 #4672

Mercatox is shady. No bad experiences with them myself as I have avoided them based on the experiences of others but mercatox has a long history of shady practices that are well documented especially when the price of XRB (now Nano) climbed exponentially in December. People had their coins locked up for months on there. I would not be surprised at all if what you are noticing is very real. I would also advise not using mercatox moving forward.

I'm bummed to hear that. I really hope that it can all be explained by scaling up and other technical issues, but I hear you. I'll keep watching as long as I'm trading there. It still has the best volume for BTC/NOTE. However, I have found that with patience I can buy DNotes a lot cheaper on Stocks.exchange. I'm trading on both.

My verification on Mercatox is pending so I can only withdraw 0.5 BTC every 24 hours, but other than that, I have had no issue with withdrawing either BTC or NOTE. Right now BTC wallet is in maintenance.

We have always believed trust will play a major role in digital currency mass adoption. This is part of the reason we created the DNotesVault and ask users not to store your coins on exchanges if you are not actively trading them.

You can search any exchange and add the word scam to it and find hundreds of scam accusations and problems reported, even the most clearly legitimate ones like coinbase. Not to undermine anyone's real experiences and issues, there are real problems and we intend to help alleviate those issues. I'm sure many of you who have been around for a while can attest, we could fill the forum with stories. For now, all we can do is work with what we got while working toward something better.



You make an excellent point Joe. I've yet to hear of any exchange where there haven't been a litany of user issues and accusations of unethical activity (which most people quickly jump to whenever something cannot be easily explained). That said, some exchanges are patently garbage -- slow, unresponsive and running away with or trading with user funds on their own platform. These exchanges are much worse than the others.

One thing I can attest to however, is the worryingly low level of competency & ethical practices followed by exchanges in this industry. As Joe said before, we plan to be one of the first groups to build enterprise-grade exchanges that will eliminate many of the criticisms cryptocurrency users have today by following ethical practices. We will be one of the only groups around that will have shareholders to answer to, and this means a certain level of fiduciary responsibility.

DNotes is here to make its mark on the industry -- from currency, to exchanges, to news & education, through to loans and debit card solutions. We plan to pull the industry up to the new level that is deserving of the technologies potential.

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June 30, 2018, 04:09:20 PM
Last edit: June 30, 2018, 07:19:57 PM by Brandon Cheliak
 #4673

Coinbase, Peter Thiel Back New ‘Reserve’ Stablecoin
https://cryptoslate.com/coinbase-peter-thiel-back-new-reserve-stablecoin/

With the rise in popular interest, the cryptocurrency sector has seen several stablecoins emerge in decentralized and centralized forms. Backed by Coinbase and Peter Thiel, Reserve stablecoin is the latest addition to the digital asset marketplace.

A Next-Gen Stablecoin
Based in San Fransisco, Reserve stablecoin raised $5 million in its seed round from over 40 funds and angel investors, including PayPal founder Peter Thiel, Coinbase Exchange, GSR.IO and Distributed Global.

Unlike Tether and TrueUSD, Reserve uses a fully decentralized, future growth-backed stablecoin model to achieve a 1:1 parity with the US Dollar.

The Reserve protocol will be open source at launch and use a smart contract called Vault to securely store its cryptocurrency collateral.

Using both external digital assets and internal shares to offer stability, Reserve places an emphasis on transparency through decentralization.

In a company blog post, Reserve Co-founder Nevin Freeman said:

“If a future growth-backed stablecoin does reach this state of stable equilibrium, it has the benefit of being totally decentralized and thus censorship resistant.”

Although transparent, the use of a decentralized model and hence external backing by digital assets is inherently difficult to sustain, as the assets backing a stable currency are volatile. Reserve must maintain collateral balances at two to three times the parity value to compensate for future price variation.

In an interview with CCN, Freeman noted:

“There is still a tail-risk that in a black swan event these assets could lose nearly all of their value, and that’s why we aim to create a diversified pool through securitized assets.”

Stablecoins: Gateway to Crypto Mass Adoption
The 20-member team behind the Reserve protocol includes engineers from Google, OpenAI, and former SEC Commissioner Paul Atkins. With current cryptocurrencies being too volatile for use in daily transactions, many believe the introduction of a successful stablecoin will be the beginning of mass adoption.

Freeman wrote in a blog post released June 19:

“I believe stable cryptocurrencies will be the first introduction to crypto for millions or billions of people.”

Several stablecoins are competing to overtake the controversial Tether and become the leading stablecoin for global frictionless value exchange, everyday payments, and more.



Another new pegged currency to add to the list that includes Tether, TrueUSD and many more around the world - https://www.investmentfrontier.com/2013/02/19/investors-list-countries-with-fixed-currency-exchange-rates/. However, the team behind this is extremely high profile, so I would expect them to make waves for better or worse. It's funny how much of their mantra and pitch sounds like it came from DNotes Global, who is in fact a private company and not an open source cryptocurrency.
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June 30, 2018, 07:52:25 PM
 #4674

Bithumb Revises Estimate of Exchange Hack Losses

https://dcebrief.com/bithumb-revises-estimate-of-exchange-hack-losses/
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June 30, 2018, 11:13:11 PM
 #4675

Mercatox is shady. No bad experiences with them myself as I have avoided them based on the experiences of others but mercatox has a long history of shady practices that are well documented especially when the price of XRB (now Nano) climbed exponentially in December. People had their coins locked up for months on there. I would not be surprised at all if what you are noticing is very real. I would also advise not using mercatox moving forward.

I'm bummed to hear that. I really hope that it can all be explained by scaling up and other technical issues, but I hear you. I'll keep watching as long as I'm trading there. It still has the best volume for BTC/NOTE. However, I have found that with patience I can buy DNotes a lot cheaper on Stocks.exchange. I'm trading on both.

My verification on Mercatox is pending so I can only withdraw 0.5 BTC every 24 hours, but other than that, I have had no issue with withdrawing either BTC or NOTE. Right now BTC wallet is in maintenance.

We have always believed trust will play a major role in digital currency mass adoption. This is part of the reason we created the DNotesVault and ask users not to store your coins on exchanges if you are not actively trading them.

You can search any exchange and add the word scam to it and find hundreds of scam accusations and problems reported, even the most clearly legitimate ones like coinbase. Not to undermine anyone's real experiences and issues, there are real problems and we intend to help alleviate those issues. I'm sure many of you who have been around for a while can attest, we could fill the forum with stories. For now, all we can do is work with what we got while working toward something better.



All of that is true - even Coinbase has been accused of scamming customers, and I think they're honestly trying to do things the right way. Of course, valid complaints are common in almost every industry, since no company every gets things right 100% of the time. Perfection is a goal that always remains just outside our reach. So, it's no surprise to see crypto exchanges making mistakes. And, given the present maturity level of the industry, scams shouldn't surprise anyone either. Heck, the internet has been around for decades, and there are still website scams out there.

The real problem is that so few of these exchanges have demonstrated a plan or ability to properly handle legitimate customer concerns. Sure, I can call Coinbase to talk about problems - NOW. But it took them time to ramp up their customer service and add some of those response options, and that delay can lock in some people's negative perceptions. A little more foresight would have helped to avoid some of that ill will.

Fortunately, DNotes Global is doing everything with a well-conceived strategy in mind. Can anyone here imagine a DNotes exchange where you would have to wait a week to get a question answered? Can you even begin to imagine a DNotes exchange where your funds were in limbo and your concerns were left unaddressed for days while the team prioritized new user signups rather than securing your holdings?

Not a chance.
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July 01, 2018, 12:15:56 AM
Last edit: July 01, 2018, 12:29:12 AM by MiningHabit
 #4676

Mercatox is shady. No bad experiences with them myself as I have avoided them based on the experiences of others but mercatox has a long history of shady practices that are well documented especially when the price of XRB (now Nano) climbed exponentially in December. People had their coins locked up for months on there. I would not be surprised at all if what you are noticing is very real. I would also advise not using mercatox moving forward.

I don't think this is correct at all.

And I can say that with near certainty, since I was buying up RaiBlocks/Nano at exactly that time. Mercatox was fantastic. Still is. BitGrail was the other exchange that was active with Nano, and that turned out to be a gigantic scam. https://cointelegraph.com/news/strange-twists-and-turns-of-nano-and-bitgrail-since-the-150-mln-hack

I got lucky with BitGrail and was able to withdraw my Nano. But I think you may be mixing up the two exchanges.

Wanted to clear that up so the community can hear another data point, one based on of months of direct, personal experience, as opposed to hearsay.

As always, stay informed and make up your own mind tho. Stay safe out there.

DNotes 2.0 - Bridging the Gap Between the Centralized and Decentralized World - https://bitcointalk.org/index.php?topic=1924858.0
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July 01, 2018, 05:08:58 AM
 #4677

I see that sharing my experiences with Mercatox has generated some discussion. I just want to clarify that what I experienced (good and bad) is real, but I don't feel I have enough information to make any kind of accusations. I saw what seemed to me to be strange trading patterns and I certainly wasn't used to them. But I don't know the reason so don't want to assume.

I am looking to switch all my webhosting needs from the rather large hosting company I've been using for years to a smaller local business owned by a good friend mainly because I've come to value the personal touch and I also have been experiencing weird technical glitches in the service provided by this company that was negatively impacting me (and the technical support people didn't seem willing or able to try to actually solve these problems). Anyway, so as I was talking to my friend about the issues, he said that it's very likely that the "under the hood" stuff just isn't built optimally, maybe kind of cobbled together a bit as the company scaled up and that sort of thing can lead to all kinds of interesting glitches. Pretty much what Joe (DNotes) said in response to me sharing my unexpected Mercatox experiences and insinuating that maybe there was something not on the up and up.

Well it turns out that with computer stuff apparently this happens a lot. As a non-coder and non-programmer, I tend to think of any service involving a computer as something mathematical, that if it works a certain way in one situation, it should work that way consistently across the board, and that it should work regardless of the scale. It turns out in reality that's simply not true. Depending on how you set up your web-based platform, scaling can be very easy or it could be a literal nightmare. I've seen scaling issues pretty much everywhere I've looked in the block chain world. I sometimes write on Steemit, and it has a number of apps built on top of it. I've used a few of them and they're glitchy. They don't always work and there doesn't seem to be an explanation for why they don't always work. Ask anyone who's tried to run a token on another coin's block chain, and there are often issues that need to be troubleshooted. Maybe this is common with a new industry and the technology will improve over time. DNotes Global will certainly do their part to raise the bar on how the technology works. Currently there is a lot of room for improvement.

With Mercatox, I have never had an issue with withdrawing my funds (other than the 0.5 BTC daily limit which is currently a pain in, well you know where). I feel like I've more or less adapted to the unique quirks of the DNotes/BTC market on Mercatox. I basically have to be willing to pay more than the highest bid for my coins as there really aren't a whole lot for sale at any given time, and I'm also dealing with a rapidly increasing price (which in the long run is absolutely wonderful, just makes buying tougher now). So, regardless of the reasons for the weirdness I observed, I believe I have adapted and am still successfully buying DNotes on Mercatox and hope to be finished with that soon. 

I just wanted to post my thoughts as I really don't intend to start any sort of anti-Mercatox movement. I think scaling issues is the most likely explanation for what I've noticed.  And I think the efforts of DNotes Global to run an exchange that doesn't have those issues will be a huge step forward for everyone.
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July 01, 2018, 07:08:45 AM
 #4678

Hello guys,

why DNotes is still not listed on Coinmarketcap? The exchanges are not recognized by CMC?
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July 01, 2018, 10:33:45 AM
 #4679

Hello guys,

why DNotes is still not listed on Coinmarketcap? The exchanges are not recognized by CMC?

Hi hughjays77,

We have made the requests to coinmarketcap to get us relisted there. Mercatox is for the record recognised by CMC. The reason we are likely not relisted there is the fact that they appear to have an unwritten 100k daily volume requirement now. That said, we used to be listed there, and we were only delisted because of Yobit and Trade By Trade exchanges sending buggy data to them (instead of just removing their markets from our coin, they just delisted), our history there in itself should make us entitled to take our old spot back. Not so sure they're seeing it that way.

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July 01, 2018, 12:16:25 PM
 #4680

Whooo I have seen there is a really nice increase in price and volume of DNotes Grin It is by my opinion still undervalued, but it is nice to see it gaining value and volume.

It seems that finally more people started to notice the great work of the team behind the coin and recognized that they know what they are doing and can be trusted, as I was saying for a long tie now Cool
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