DNotes 2.0 - Staking, CRISP Interest, DNotes Pay

[enzeperix]

I think the most important aspect when it comes to mass adoption is the public outreach, the real life traction . Bitcoin is a shit if we talk about features ,tech, innovation but is the most valuable simply because it has a huge traction. If Dnotes wants to be great i think it must focus on promoting the product as much as possible.

[mrbum805]

I think the most important aspect when it comes to mass adoption is the public outreach, the real life traction . Bitcoin is a shit if we talk about features ,tech, innovation but is the most valuable simply because it has a huge traction. If Dnotes wants to be great i think it must focus on promoting the product as much as possible.

I'm sure someone else can do a better job filling in after me. I have followed and been invested with Dnotes for more than 3 years. Dnotes Knows theres a time and a place to promote. They actually have a incredibly large ecosystem with many layers that they have created, much of which they leave out most details until that piece of the project is complete and ready to be released. Dnotes also is very different than all the others because they do not hype up there work until they know it works, the projects complete, and is the right move. I think it would be in your best interest and everyones best interest to really do your OWN research and gain a good understanding of what the Dnotes team is doing. Not sure if you know but they actually were in a quite phase for 3 quarters of a year just to get there biggest technology piece going. When they came back they did promote to everyone not just cryotospace but the wall street space as well as to what was coming.  There will be more to come but the public you speak of needs to see the system more established in the next phase to really start grasping there attention. otherwise your just going to be repeating yourself or hyping it up which Dnotes is definitely NOT about. Ive said it before but this team has so much patience, more than what I have.

heres some videos you can check out if you haven't already.   at least one of them explains why patience is important in this new technology space

Great job on the videos everyone - we are getting quite the collection of top-notch videos with a broad audience appeal!!

Check out the newest videos in the DNotes Video Library:



DNotes / DNotes Global Inc.

Introduction to DNotes - an Unfolding Big Bold Idea of Global Scale  - https://www.youtube.com/watch?v=ar8C7xBgpIE

DNotes Path to Mass Adoption - Ease of Use  - https://www.youtube.com/watch?v=dkf1174xltQ

DNotes General Discussion Part 1  - https://www.youtube.com/watch?v=Dexb11hcIMg

DNotes General Discussion Part 2  - https://www.youtube.com/watch?v=jyiV9RDytx0

Economic Freedom and How it Relates to Cryptocurrency  - https://www.youtube.com/watch?v=Zip5xpUlp3c

DNotes Global Ownership Model - https://www.youtube.com/watch?v=IenaYn1ce3w

DCEBrief - Why it's Important to the DNotes Ecosystem  - https://www.youtube.com/watch?v=uR9NHeFtTQY

DNotes - Backed By Business  - https://www.youtube.com/watch?v=XxWMpoqq68c

New!  DNotes 2.0 Promo  -  https://www.youtube.com/watch?v=bnkUL0vhpjQ&feature=youtu.be

New!   DNotesEDU Digital Finance & Cryptocurrency Education Platform  -  https://www.youtube.com/watch?v=v_DeEFWFkew&feature=youtu.be


The Four Pillars of Business Success

Improve Your Odds - The Four Pillars of Business Success - Book Trailer  - https://www.youtube.com/watch?v=eQU_SFL46d0

The Four Pillars of Business Success - Introduction by Alan Yong  - https://www.youtube.com/watch?v=5JdWJ8IxCmU

Alan Yong Entrepreneurial History & Guiding Principles on Business Success  - https://www.youtube.com/watch?v=A23EmXtUHHw

10 Major Contributors to Business Success  -  https://www.youtube.com/watch?v=XxWMpoqq68c

New!  10 Leading Pitfalls of Business Failures  -  https://www.youtube.com/watch?v=QZp7BPMljQ4

this was a big hitter

https://finance.yahoo.com/news/author-dnotes-co-founder-alan-190000000.html

Anyway team I hope everything's been going great! Glad to see all the very in lighting posts. Its definitely very interesting reading what everyone has to say these days.

[Chase]

Thanks mrbum805, that was a great recap post of what is going on at DNotes!  

[Dyna]

Thanks mrbum805, that was a great recap post of what is going on at DNotes!  

I agree. Thank you mrbum805 for the great recap, sharing your prospective, and observation. Yes, DNotes is uniquely different from our industry peers. We believe that this is a generational opportunity to help change the world to benefit many people positively. We have a clear vision where DNotes will be in 10 to 20 years from now. DNotes will meet and exceed the full functions of money and be accepted by the masses globally. This is a big bold global project, involving many moving parts or building blocks. We are constructing them block by block and they are all strategically linked.

We have accomplished a lot and fully committed to do a great deal more. We are often willing to do the extras that other won't care to do, so that DNotes will be in the position to do things others can't do in the future.  

By doing the right thing at the right time, DNotes will be the trusted digital currency in global commerce.

The current industry sentiment is very negative with great distrust and a high level of disgust. Many investors have suffered significant losses with little recourse. Obviously, someone got rich quick at the expense of many innocent investors. This will be quite damaging to our industry, but could encourage more people to place a higher value on a trusted brand like DNotes.  

[Dyna]

Thanks, you raised lots of interesting points that I couldn't help but comment on, in green.

I just read that as well but you beat me to the post!  

I'm not surprised that this article caught your eye too. I think Revolut is a game changer.

[...]

Let's face it, the crypto ecosystem does not need "brick and mortar" branch offices and 20 employees in hundreds of cities to satisfy customers needs. The overhead this will eliminate is staggering in, and of, itself. Twenty four by seven access is the holy grail of banking right now but, until now, only ATM machines and bank web sites could come close and the reality of it is that it's an illusion, and an expensive one at that for the consumer.

I think what bricks and mortar does for currency is similar to what hard cash does. It makes it seem real. It generates trust. I believe that if when Bitcoin first launched it had teller machines in every major city, and these Bitcoin teller machines let you plug in a blank or walletted USB stick and feed in hard fiat currency in exchange for bitcoin. Then I'm certain that bitcoin would have escalated in value much faster, and adoption would have been much broader.

But if you think about this process for just a second, you'll see that the only real difference between the outcome of buying your bitcoin online and buying it through a teller machine is trust. But there's nothing more stopping a teller machine from swallowing your money and rejecting your walletted USB, than there is from an exchange failing to provide you the Bitcoin you purchased. It is simply the trust comes from touching real things.

So, think about this for a minute: Today's crypto exchanges will be tomorrow's pioneering online, full service, no fiat banks. Is there a better fit or road to the evolution of these entities? Current thinking sees services such as Bittrex, Poloniex, Kraken and the others as mimicking the stock markets but, I see then evolving into full service online banks with crypto eventually totally replacing fiat at some future point. As far as ATM's go, they will eventually be a thing of the past like color TV picture tubes, they will yield to new technology. If everyone has access to and, could spend their funds anywhere using their cell phone or some other sort of portable electronic device, who would have the need for an ATM? No cash, no ATM. Even Bitcoin ATMs days are numbered unless they morph into a form of "crypto coin exchanger", like a hardware ShapeShift perhaps. But even here, if you can do it on a cell phone, why the need for a kiosk? I suppose in areas and countries where cellular enjoys less than 98% penetration, it would be needed, for now.

My cell phone freezes sometimes and eats up what's left of the battery when it does. Other times, when I go for a walk and a swim, I don't bring it with me. And because I live somewhere with lots of free WiFi, I don't have a data plan and for times haven't even bothered with a SIM. So a cell phone is part of the solution, but we need more.

This is where Revolut is a game changer. I can have a Revolut card with a value held in a single currency, and spend it in any currency. I can leave it in my pocket when I go swimming. When the Revolut card holds DNotes, I won't need to store value in a fiat currency at all. Instead I can hedge my bets and spread out my risks and opportunities without impacting my available day to day funds or transactions.

The Four Pillars of Business Success talks about focusing on the right idea and not competing in a saturated market without any differentiation. As soon as I saw the Revolut video, I realised that DNotes does not need to burn energy and funds creating a mobile application, an ATM teller machine card, or any of that expensive and risky infrastructure. What it needs to do is implement technology in DNotes2.0 which enables businesses like Revolut to incorporate DNotes into their service effortlessly.

I see guaranteeing funds with an equal amount in cold-store, enabling proof of stake for fast reliable confirmations, reducing value fluctuations by providing intrinsic value and avoiding hype, these are all aspects that simplify incorporation into services like Revolut. I also hope that Alan Yong has invited Nikolay Storonsky and Vlad Yatsenko out to dinner for a chat.

Darwin's contribution basically states "adapt or die" which fully encompasses the state of the financial industry we are dealing with today. It is a given that people will adapt by using the easier of two different choices all else being equal. Why would you drive to the bank or ATM to get "cash" when you can click an icon and your purchase is payed for? Kind of a no brainer really, cash and the institutions that support it and control us through it are as dead as the dinosaurs, they just haven't looked up at the sky, yet...

I think that we will see that some are dinosaurs and some will try to be crocodiles. Fear of losing control and advantage in the finance industry has them all working together to make it hard for cryptocurrency exchanges to operate, lobbying governments to make unworkable restrictions, and pressuring merchant service providers to not jump the fence. Alas, I have no evidence of my opinion.

But the fintech industry is nipping at the heals of old finance. There is a lot of money to be made by banks that go hybrid and the early adopters will retain the reputation as go-to banks for cryptocurrency for a long time. Others will spend a fortune on advertising to get a piece of that market confidence. So the temptation for banks to break ranks and incorporate cryptocurrency services is really high.

Many banks are slow to innovate due to risk-averse policies and board structures. But there are many 'societies', 'funds' and other players in the industry that are modelled very closely on bank structures, but never included into the big-boys club with the official title of bank. I see these excluded players as being more agile, less risk averse, and much more likely to break ranks early.

Update:
And already the banks start breaking rank.
https://cointelegraph.com/news/major-swiss-online-bank-unleashes-bitcoin-in-weeks-second-swiss-breakthrough

"This is where Revolut is a game changer. I can have a Revolut card with a value held in a single currency, and spend it in any currency. I can leave it in my pocket when I go swimming. When the Revolut card holds DNotes, I won't need to store value in a fiat currency at all. Instead I can hedge my bets and spread out my risks and opportunities without impacting my available day to day funds or transactions.

The Four Pillars of Business Success talks about focusing on the right idea and not competing in a saturated market without any differentiation. As soon as I saw the Revolut video, I realised that DNotes does not need to burn energy and funds creating a mobile application, an ATM teller machine card, or any of that expensive and risky infrastructure. What it needs to do is implement technology in DNotes2.0 which enables businesses like Revolut to incorporate DNotes into their service effortlessly.

I see guaranteeing funds with an equal amount in cold-store, enabling proof of stake for fast reliable confirmations, reducing value fluctuations by providing intrinsic value and avoiding hype, these are all aspects that simplify incorporation into services like Revolut. I also hope that Alan Yong has invited Nikolay Storonsky and Vlad Yatsenko out to dinner for a chat."

Great points. With our own exchange, bank and partner banks, a well integrated DNotes multi-currency card is not a pipe-dream. I will certainly make a note to invite Nikolay Storonsky and Vlad Yatsenko out to dinner for a chat one day.

[DNotes]

http://www.advfn.com/stock-market/COIN/NOTEUSD/stock-price

Interesting find. This is a high traffic and popular investment site. Evidence the mainstream interest is growing.

[Chase]

http://www.advfn.com/stock-market/COIN/NOTEUSD/stock-price

Interesting find. This is a high traffic and popular investment site. Evidence the mainstream interest is growing.

This is very interesting. They have been around since 2005 with forum discussion on every investment imaginable, as well as every other topic of interest to members. It looks as though there were less than a dozen boards on bitcoin (some started as early as 2014), and even fewer on other cryptocurrencies or related projects. They must have seen the writing 'on the financial wall', because yesterday (July 15th), they created boards for around 100 cryptocurrencies, including DNotes.  

Is the OP infographic available somewhere else other than bitcointalk? I want to link to it, and the last time I linked anything back to bitcointalk, it didn't end well for my time on that forum... lol. I'm using http://dnotesedu.com/2017/05/dnotes-2-0-bridging-gap-centralized-decentralized-world/ for now.

I've posted on the DNotes board at Investors Hub - https://investorshub.advfn.com/boards/read_msg.aspx?message_id=133036490. Ignore my 2nd and 3rd post - I kept getting a timed-out message and told to try posting again in a few minutes. There is a limit of 3 posts per day to start, and from what I can tell, there is a time limit in editing your post (which is really scary for me - lol)

[DCEBrief]

Venezuelan Candidate Calls for Nation to Embrace Digital Currency

https://dcebrief.com/venezuelan-candidate-calls-for-nation-to-embrace-digital-currency/

[Dyna]

Like most of you, it has been a painful and disappointing week to see the blood-bath in our industry continued. Thanks to the "editorialized/translated" article below I finally ended up the week with a few good laughs. To begin with, I did not know that I was interviewing for a job. It is not likely that any company can pay me enough to work for them. I pay to work 12 to 14 hour a day to have the privilege of working for DNotes. I am doing so out of my firm believe that this is a generational opportunity to help change the world, even slightly, to the benefits of millions who will be positively impacted by the many global projects we to plan to embark.  

Ethereum BestNews, Lists, Advices, Mining, Softwares, Tools.

http://www.ethereum.best/blog/2017/06/23/dnotes-co-founder-alan-yong-offers-insight-on-dnotes-tactic-and-eyesight-in-current-ceo-cfo-interview/

DNotes Co-Founder Alan Yong Offers Insight on DNotes Tactic and Eyesight in Current CEO CFO Interview

In an job interview with CEOCFO Magazine published on Monday, DNotes co-founder Alan Yong exposed his feelings on the latest point out of cryptocurrency, the obstructions blocking the market from obtaining additional widespread acceptance, and his company’s approach to situation DNotes to Yong, the author of the book Improve Your Odds – The 4 Pillars of Small business Accomplishment, pulled no punches as he surveyed the digital currency landscape in 2017 and elaborated on DNotes World wide Inc’s options and DNotes’ probable.

In remarks right after the job interview was published, Yong designed obvious his perception in digital currency’s ability to amount the taking part in field for billions of fiscally disadvantaged people today close to the earth. That is why he chose to emphasize their plight and clarify how the DNotes crew options to situation that currency to fill that hole by satisfying all the fundamental functions of cash.
 
Younger stated:
I talked about the two.two billion people today close to the globe who lack accessibility to fundamental economical providers. […] How do you improve your lifestyle and that of your local community or place when financial institutions won’t even give you accessibility to a cost savings account – significantly much less a smaller company loan or other credit score alternatives? This is not a new challenge, and nevertheless the latest economical system has carried out minimal or nothing at all to make those peoples’ life improved. A little something has to improve.

Yong’s focus on these forms of difficulties is understandable. For decades, cryptocurrency fans have argued that digital currency would supply the democratization of cash that the earth requires to empower everyone. On the other hand, as he alludes to in his job interview, minimal real progress has been designed. And if Yong is appropriate, handful of if any of today’s digital currencies are adequately positioned to satisfy that guarantee of monetary democratization.

With respect to Bitcoin, Yong notes that its recognition and latest cost could show to be a barrier to additional widespread adoption close to the earth. As he pointed out in the job interview, “mass acceptance of any digital currency also necessitates it to be accessible to any person and everyone close to the earth – alternatively than just getting limited to the monied elite.” Yong says that universal accessibility is a central target for the DNotes crew and project.

To complete that, the DNotes strategy reportedly focuses on generating an educated local community focused to the currency’s success, a reliable brand that is the two reputable and verifiable, and a system that emphasizes instruction about digital currency. DNotes World wide Inc was created as a for-earnings firm to aid satisfy those ambitions and supply the leadership wanted to make sure that the currency acquires true intrinsic price.

That intrinsic price will be vital if DNotes is to obtain Yong’s dream of serving as a viable source for economical empowerment close to the earth. No currency can extended lay claim to that designation without some measure of intrinsic price considering that significantly of the world’s inhabitants will be reluctant to put its believe in in any currency that suffers from unpredictable and wild cost swings.

Yong also went into larger depth about the DNotes World wide Inc project and its extended-term ambitions. The DNotes crew options to eventually launch a cryptocurrency trade, as well as an online bank. And that’s on top rated of its ongoing attempts to continue on to improve its other project offerings – providers and attributes that involve every thing from the revolutionary and secure DNotes Vault system to the company’s CRIPS cost savings accounts and retirement plan.

Yong’s job interview with CEOCFO Magazine presents probably the most in-depth glimpse into his company’s options nevertheless, and that’s most likely to spark even additional fascination in the DNotes project. Even now, Yong appears to be to be using that in stride.

DNotes is making lots of exhilaration appropriate now, but we’re continue to concentrated on the undertaking before us. This is a large project, with large ramifications for the earth – so patience is a must. If I’ve figured out a single factor in my company lifestyle, it is that you often need to do the appropriate factor at the appropriate time – and for the appropriate explanations. We intend to preserve doing just that.

About DNotes and Alan Yong

DNotes co-founder Alan Yong is a well-regarded author and tech visionary who established Dauphin Technology in 1988. DNotes is regarded as a “thought leader” in the cryptocurrency market, with a digital currency pointed out for its consistent and reputable growth, and revolutionary initiatives that actively have interaction females, young people today, smaller firms, workers, and some others – proficiently inviting the earth to participate in the digital currency revolution.
Browse the entire job interview below: http://www.ceocfointerviews.com/interviews/DNotesGlobal17.htm

For additional data be sure to visit: http://dnotescoin.com
To trade DNotes with Bitcoin be sure to go to:http://poloniex.com/trade#btc_notice
To study additional about DNotesVault and CRISPs be sure to go to:http://dnotesvault.com
Abide by DNotes on Twitter: http://twitter.com/dnotescoin
get over those troubles.

[Dyna]

http://www.advfn.com/stock-market/COIN/NOTEUSD/stock-price

Interesting find. This is a high traffic and popular investment site. Evidence the mainstream interest is growing.

This is very interesting. They have been around since 2005 with forum discussion on every investment imaginable, as well as every other topic of interest to members. It looks as though there were less than a dozen boards on bitcoin (some started as early as 2014), and even fewer on other cryptocurrencies or related projects. They must have seen the writing 'on the financial wall', because yesterday (July 15th), they created boards for around 100 cryptocurrencies, including DNotes.  

Is the OP infographic available somewhere else other than bitcointalk? I want to link to it, and the last time I linked anything back to bitcointalk, it didn't end well for my time on that forum... lol. I'm using http://dnotesedu.com/2017/05/dnotes-2-0-bridging-gap-centralized-decentralized-world/ for now.

I've posted on the DNotes board at Investors Hub - https://investorshub.advfn.com/boards/read_msg.aspx?message_id=133036490. Ignore my 2nd and 3rd post - I kept getting a timed-out message and told to try posting again in a few minutes. There is a limit of 3 posts per day to start, and from what I can tell, there is a time limit in editing your post (which is really scary for me - lol)

Thank you Chase, for the post at Investor Hub. DNotes has been getting some recognition outside of our industry. I have been getting a few requests for interview and speaking engagement. Despite the current uncertainties, DNotes is well positioned to survive the test of time. This industry struggle may lead to investors' demand for integrity and trustworthiness as the prerequisite for their hard-earned dollars. That will be to DNotes' benefit. No one take that more seriously than we do.   

[Dyna]

Brandon just posted an excellent article on DNotesEdu. Highly recommended read. Enjoy.

Cryptocurrency and Market Timing Irrationality
by DNotesEDU | Jul 17, 2017

It is pretty safe to say that the majority of new investors in cryptocurrency are there because they have heard of the amazing profits earned by other investors. Even though they may be warned of the potential risks and wild volatility, many come to expect nothing but gains, and are not prepared psychologically for any downturns or losses. In our world of instant gratification, they want the gains to happen now, and pay little heed to what it actually takes to build something of value. Everything is fine as long as the market is rising, but panic sets in every time the price falls. It happens over and over…

Herd Mentality

It starts with herd mentality – following the latest ICO, or a flashy new blockchain project looking for a problem to solve, or any other venture with a lot of hype surrounding it. And, typical of a herd, the sheep will eventually follow each other off of a cliff. They may even feel they have done their research and really believe in this project, but their research may be nothing more than reading up on the developer’s big plans via a whitepaper that is at best, a weak promise. By following the herd, whether it is by listening to an uninformed writer who recently discovered bitcoin (and thinks they’re an expert), believing the unsubstantiated hype of those promoting their self-interests, or crowd-following in order to belong to the “in” community, a follower will inevitably hang onto the cryptocurrencies they should get rid of, and get rid of the ones they should keep.

Read more:   http://dnotesedu.com/2017/07/cryptocurrency-market-timing-irrationality/

[TimMarsh]

Brandon just posted an excellent article on DNotesEdu. Highly recommended read. Enjoy.

Cryptocurrency and Market Timing Irrationality
by DNotesEDU | Jul 17, 2017

Alternate quote from article inserted:

The majority of the participants in this youth-dominated cryptocurrency industry have little or no previous investment or business experience, and those more experienced investors that are just just discovering cryptocurrency, may not understand what the technology can and can not deliver.

Read more:   http://dnotesedu.com/2017/07/cryptocurrency-market-timing-irrationality/

You raise a really interesting point here Brandon and I'm wondering if it goes part-way to explaining an odd thing I've been watching on the Bitcoin charts. Could it be that this ignorance due to youth or unfamiliar technology is behind what I call the "Bitcoin ball bouncing down the steps"?

If you look at market charts for any business or commodity, the value line goes up and down as if it were drawn on a blank piece of paper. But the chart for Bitcoin looks as if it is actually responding to, or affected by the value lines on the chart. These horizontal lines have nothing to do with the value of Bitcoin, and are just visual indicators of rounded numbers, 2,100 -- 2,200 -- 2,300-- etc. It has been beyond my reasoning why Bitcoin just got over 2,700 then fell so fast, only to almost bounce off the bottom limit of 2,000. Then again at fractionally under the 3,000 line it dropped to bounce off the 2,300 line, or a bit below. Yesterday it bounced twice off the US$2,000 line like it was concrete before finally smashing right through it.

It seems that speculators are betting more on the actions of other speculators more than any other market influence, like upcoming soft/hard forks and fundamental changes to the coins architecture. So rather than wait it out and see what comes of Segwit2 or whatever makes it through, they set a sell price based on proximity to a rounded number, guessing that others will have set their sell price even closer to it, and hence make a profit. Not even understanding the technology is enough to justify this sort of gambling, and I think you must be right in identifying the average age of cryptocurrency investors.

I'd love to see some data correlating the age of participants and the size of their holdings. Then a comparison to the more stable holdings in the share market like the blue chip companies.

[Dyna]

Brandon just posted an excellent article on DNotesEdu. Highly recommended read. Enjoy.

Cryptocurrency and Market Timing Irrationality
by DNotesEDU | Jul 17, 2017

Alternate quote from article inserted:

The majority of the participants in this youth-dominated cryptocurrency industry have little or no previous investment or business experience, and those more experienced investors that are just just discovering cryptocurrency, may not understand what the technology can and can not deliver.

Read more:   http://dnotesedu.com/2017/07/cryptocurrency-market-timing-irrationality/

You raise a really interesting point here Brandon and I'm wondering if it goes part-way to explaining an odd thing I've been watching on the Bitcoin charts. Could it be that this ignorance due to youth or unfamiliar technology is behind what I call the "Bitcoin ball bouncing down the steps"?

If you look at market charts for any business or commodity, the value line goes up and down as if it were drawn on a blank piece of paper. But the chart for Bitcoin looks as if it is actually responding to, or affected by the value lines on the chart. These horizontal lines have nothing to do with the value of Bitcoin, and are just visual indicators of rounded numbers, 2,100 -- 2,200 -- 2,300-- etc. It has been beyond my reasoning why Bitcoin just got over 2,700 then fell so fast, only to almost bounce off the bottom limit of 2,000. Then again at fractionally under the 3,000 line it dropped to bounce off the 2,300 line, or a bit below. Yesterday it bounced twice off the US$2,000 line like it was concrete before finally smashing right through it.

It seems that speculators are betting more on the actions of other speculators more than any other market influence, like upcoming soft/hard forks and fundamental changes to the coins architecture. So rather than wait it out and see what comes of Segwit2 or whatever makes it through, they set a sell price based on proximity to a rounded number, guessing that others will have set their sell price even closer to it, and hence make a profit. Not even understanding the technology is enough to justify this sort of gambling, and I think you must be right in identifying the average age of cryptocurrency investors.

I'd love to see some data correlating the age of participants and the size of their holdings. Then a comparison to the more stable holdings in the share market like the blue chip companies.

Interesting observations, Tim. Bot trading may also has something to do with it.

[Brandon Cheliak]

Brandon just posted an excellent article on DNotesEdu. Highly recommended read. Enjoy.

Cryptocurrency and Market Timing Irrationality
by DNotesEDU | Jul 17, 2017

Alternate quote from article inserted:

The majority of the participants in this youth-dominated cryptocurrency industry have little or no previous investment or business experience, and those more experienced investors that are just just discovering cryptocurrency, may not understand what the technology can and can not deliver.

Read more:   http://dnotesedu.com/2017/07/cryptocurrency-market-timing-irrationality/

You raise a really interesting point here Brandon and I'm wondering if it goes part-way to explaining an odd thing I've been watching on the Bitcoin charts. Could it be that this ignorance due to youth or unfamiliar technology is behind what I call the "Bitcoin ball bouncing down the steps"?

If you look at market charts for any business or commodity, the value line goes up and down as if it were drawn on a blank piece of paper. But the chart for Bitcoin looks as if it is actually responding to, or affected by the value lines on the chart. These horizontal lines have nothing to do with the value of Bitcoin, and are just visual indicators of rounded numbers, 2,100 -- 2,200 -- 2,300-- etc. It has been beyond my reasoning why Bitcoin just got over 2,700 then fell so fast, only to almost bounce off the bottom limit of 2,000. Then again at fractionally under the 3,000 line it dropped to bounce off the 2,300 line, or a bit below. Yesterday it bounced twice off the US$2,000 line like it was concrete before finally smashing right through it.

It seems that speculators are betting more on the actions of other speculators more than any other market influence, like upcoming soft/hard forks and fundamental changes to the coins architecture. So rather than wait it out and see what comes of Segwit2 or whatever makes it through, they set a sell price based on proximity to a rounded number, guessing that others will have set their sell price even closer to it, and hence make a profit. Not even understanding the technology is enough to justify this sort of gambling, and I think you must be right in identifying the average age of cryptocurrency investors.

I'd love to see some data correlating the age of participants and the size of their holdings. Then a comparison to the more stable holdings in the share market like the blue chip companies.

I wish I could take credit for this excellent article, but it was actually Chase who submitted it.

[Dyna]

Brandon just posted an excellent article on DNotesEdu. Highly recommended read. Enjoy.

Cryptocurrency and Market Timing Irrationality
by DNotesEDU | Jul 17, 2017

Alternate quote from article inserted:

The majority of the participants in this youth-dominated cryptocurrency industry have little or no previous investment or business experience, and those more experienced investors that are just just discovering cryptocurrency, may not understand what the technology can and can not deliver.

Read more:   http://dnotesedu.com/2017/07/cryptocurrency-market-timing-irrationality/

You raise a really interesting point here Brandon and I'm wondering if it goes part-way to explaining an odd thing I've been watching on the Bitcoin charts. Could it be that this ignorance due to youth or unfamiliar technology is behind what I call the "Bitcoin ball bouncing down the steps"?

If you look at market charts for any business or commodity, the value line goes up and down as if it were drawn on a blank piece of paper. But the chart for Bitcoin looks as if it is actually responding to, or affected by the value lines on the chart. These horizontal lines have nothing to do with the value of Bitcoin, and are just visual indicators of rounded numbers, 2,100 -- 2,200 -- 2,300-- etc. It has been beyond my reasoning why Bitcoin just got over 2,700 then fell so fast, only to almost bounce off the bottom limit of 2,000. Then again at fractionally under the 3,000 line it dropped to bounce off the 2,300 line, or a bit below. Yesterday it bounced twice off the US$2,000 line like it was concrete before finally smashing right through it.

It seems that speculators are betting more on the actions of other speculators more than any other market influence, like upcoming soft/hard forks and fundamental changes to the coins architecture. So rather than wait it out and see what comes of Segwit2 or whatever makes it through, they set a sell price based on proximity to a rounded number, guessing that others will have set their sell price even closer to it, and hence make a profit. Not even understanding the technology is enough to justify this sort of gambling, and I think you must be right in identifying the average age of cryptocurrency investors.

I'd love to see some data correlating the age of participants and the size of their holdings. Then a comparison to the more stable holdings in the share market like the blue chip companies.

I wish I could take credit for this excellent article, but it was actually Chase who submitted it.

So, thank you, Chase. An excellent article - very appropriately timed in view of the challenging investment sentiments we all are confronted with. This is the time to hunt and look for "rough diamonds" among a pile of tainted rocks and garbage. The whole notion of decentralized consensus system and the underpinning blockchain technology are just as amazing today as they were a month ago. The technology itself is perfect and faultless. I can't say the same for human greed, ego, selfishness, and other bad conducts. We are all paying for them indiscriminately.

[Chase]

Brandon just posted an excellent article on DNotesEdu. Highly recommended read. Enjoy.

Cryptocurrency and Market Timing Irrationality
by DNotesEDU | Jul 17, 2017

Alternate quote from article inserted:

The majority of the participants in this youth-dominated cryptocurrency industry have little or no previous investment or business experience, and those more experienced investors that are just just discovering cryptocurrency, may not understand what the technology can and can not deliver.

Read more:   http://dnotesedu.com/2017/07/cryptocurrency-market-timing-irrationality/

You raise a really interesting point here Brandon and I'm wondering if it goes part-way to explaining an odd thing I've been watching on the Bitcoin charts. Could it be that this ignorance due to youth or unfamiliar technology is behind what I call the "Bitcoin ball bouncing down the steps"?

If you look at market charts for any business or commodity, the value line goes up and down as if it were drawn on a blank piece of paper. But the chart for Bitcoin looks as if it is actually responding to, or affected by the value lines on the chart. These horizontal lines have nothing to do with the value of Bitcoin, and are just visual indicators of rounded numbers, 2,100 -- 2,200 -- 2,300-- etc. It has been beyond my reasoning why Bitcoin just got over 2,700 then fell so fast, only to almost bounce off the bottom limit of 2,000. Then again at fractionally under the 3,000 line it dropped to bounce off the 2,300 line, or a bit below. Yesterday it bounced twice off the US$2,000 line like it was concrete before finally smashing right through it.

It seems that speculators are betting more on the actions of other speculators more than any other market influence, like upcoming soft/hard forks and fundamental changes to the coins architecture. So rather than wait it out and see what comes of Segwit2 or whatever makes it through, they set a sell price based on proximity to a rounded number, guessing that others will have set their sell price even closer to it, and hence make a profit. Not even understanding the technology is enough to justify this sort of gambling, and I think you must be right in identifying the average age of cryptocurrency investors.

I'd love to see some data correlating the age of participants and the size of their holdings. Then a comparison to the more stable holdings in the share market like the blue chip companies.

I wish I could take credit for this excellent article, but it was actually Chase who submitted it.

So, thank you, Chase. An excellent article - very appropriately timed in view of the challenging investment sentiments we all are confronted with. This is the time to hunt and look for "rough diamonds" among a pile of tainted rocks and garbage. The whole notion of decentralized consensus system and the underpinning blockchain technology are just as amazing today as they were a month ago. The technology itself is perfect and faultless. I can't say the same for human greed, ego, selfishness, and other bad conducts. We are all paying for them indiscriminately.

Thank you! 

"It seems that speculators are betting more on the actions of other speculators more than any other market influence"

Alan may be right as well on the bot influence. If the technical analysis followed by 99% of the traders has determined the floor to be $2000, the bots may be programmed with that in mind, and a flurry of buy orders are triggered at that price. If every trader uses technical analysis, and trading (including bots) makes up almost all of the volume, that analysis is more likely to be manipulating the market, not predicting it.

[Denver Dan]

Hello DNotes team and supporters.  I'm new to the forum, but been following a while.  I would like to thank Tim for reaching out to me through facebook yesterday and today.  (I was razzing Peter Schiff on his endless tulip mania/bubble posts)  Tim spent more time commenting and answering questions I had, than I could of asked for.  A class act.  This whole team, and their approach to this developing market, is business minded and patient.  Exactly what this market needs for a legitimate, long lasting, trustworthy currency.  While nothing is guaranteed, I feel quite comfortable investing some of my fiat with this group, and I am excited to see where this project grows to.  I'm not in this just for speculative profits, but want to see how the ecosystem ends up changing the rigged financial system we are stuck with today.  Cheers, and average in while everything is on sale.

[Chase]

Hello DNotes team and supporters.  I'm new to the forum, but been following a while.  I would like to thank Tim for reaching out to me through facebook yesterday and today.  (I was razzing Peter Schiff on his endless tulip mania/bubble posts)  Tim spent more time commenting and answering questions I had, than I could of asked for.  A class act.  This whole team, and their approach to this developing market, is business minded and patient.  Exactly what this market needs for a legitimate, long lasting, trustworthy currency.  While nothing is guaranteed, I feel quite comfortable investing some of my fiat with this group, and I am excited to see where this project grows to.  I'm not in this just for speculative profits, but want to see how the ecosystem ends up changing the rigged financial system we are stuck with today.  Cheers, and average in while everything is on sale.

Hi Denver Dan, and welcome to the DNotes forum. I know Tim is taking care of your questions, but if there is anything else you need help with, let us know. 

[Dyna]

Hello DNotes team and supporters.  I'm new to the forum, but been following a while.  I would like to thank Tim for reaching out to me through facebook yesterday and today.  (I was razzing Peter Schiff on his endless tulip mania/bubble posts)  Tim spent more time commenting and answering questions I had, than I could of asked for.  A class act.  This whole team, and their approach to this developing market, is business minded and patient.  Exactly what this market needs for a legitimate, long lasting, trustworthy currency.  While nothing is guaranteed, I feel quite comfortable investing some of my fiat with this group, and I am excited to see where this project grows to.  I'm not in this just for speculative profits, but want to see how the ecosystem ends up changing the rigged financial system we are stuck with today.  Cheers, and average in while everything is on sale.

Hello Denver Dan,

Welcome to DNotes and thanks for your kind words. Tim is indeed a class act and a fine gentleman. We are very fortunate to have Tim and others firmly committed to DNotes’ vision of building a trust-worthy digital currency accessible for everyone worldwide to participate. It is our core belief that by helping others to benefit from this generational opportunity DNotes will become very successful.

Our ecosystem system will continue to expand at the right time. From our prospective they are all strategically linked and invaluable to our long-term success. With the launch of DNotes 2.0  in September the immense value of what we have created will be quite obvious. 

[DCEBrief]

OKEx Will Suspend Bitcoin Trades, Preparing for Potential Fork

https://dcebrief.com/okex-will-suspend-bitcoin-trades-in-preparation-for-potential-fork/