DNotes 2.0 - Staking, CRISP Interest, DNotes Pay

[TeeGee]

Cryptopia has DNotes listed and it is a great exchange. I like it better than Poloniex personally so getting delisted there has zero impact to me. Take advantage of this lull as once new chain comes out things will improve drastically. DNotes is in a great position, trust me on this.

Thank you, HORT. Your confidence in DNotes is greatly appreciated. When I have more time next week after my trip, I will gear up to support Cryptopia. I have heard good things about them.

C-Cex has listed DNotes since our early days. They have treated me well despite our low volume. I did support them fairly actively for the first couple of years. Although there is some room for improvement, to me they have been great. Zero unresponsive or bad experience.

DNotes will come back strong. Together we will overcome and succeed. 

I'll probably support both Cryptopia and C-Cex -- I like to reward those who are loyal. The Cryptopia guys are local to me too. One of the only places in NZ that allow New Zealand dollars to be onramped / offramped to and from an exchange. They have quite a few NZ dollar to alt-coin trading pairs. Over time that could extend to a NOTE / NZD trading pair. 

[TeeGee]

I was able to meet with a few local development firms here in Indiana yesterday. The meetings went better than expected, highly intelligent and creative people that obviously spent a great deal of time to research and understand our needs. Each group had a distinct interest in certain areas of DNotes progression, which is exactly what we need in order to grow rapidly.

Sounds very promising. Excellent to hear that these groups sound both capable and understanding of DNotes' needs. Looking forward to seeing how this develops.

[Dyna]

All these situations are showing that Bitcoin is going to well-liked very speadly owever I think popularity of Bitcoin in porno industries will give bad effect for the future of Bitcoin . Because I believe the participation of Bitcoin in porn like things will make Bitcoin as bad issues , So it might be feasible some countries may ban Bitcoin in their own individual nation .So we ought to use Bitcoin only for legit income and excellent work .Since this is our responsibility as an Bitcoiner to make Bitcoin like a reliable , obvious and from poor things .H

Something tells me you might be in the wrong forum.  None the less, trying to decipher your message, I would say 99.99% of people aren't in the porn industry, nor care.  In general, I suppose you could wrap this in with drugs, laundering, ransoms etc that the banksters would like people to believe is the only reason for bitcoin.  With better information now available, in part to DCE Brief, that notion is close to being gone.  

To me, "porno" is not this industries problem, it's all the scam coins/scam "clubs" coming online.  I love this technology, and am always researching new ideas, platforms, etc., but these get rich quick schemes/forks/ICO's are getting out of control.  I have a feeling, sometime soon, this could be the catalyst that actually gets governments involved...unfortunately.

For these reasons and more, is why I believe in the Dnotes team and ecosystem.  The activity from the team in this forum alone, is better than any other project I've seen.  Integrity, professionalism, and a legit business model, will win out in the end.  Probably sooner than later, as more investment grade money enters this arena.  I know last week was rough, but now more than ever, I believe Dnotes is on the right track.  Thanks to the whole team who took time to answer some questions, and to share a little more detail about the funding aspect today.

Thank you very much, Denver Dan. That was an excellent response. It is respectful, balanced, and substantive. We are privileged to have your support and confidence.

We expected our industry to be very crowded and competitive since day one. Instead of being a “me too”, we decided to take a very different path by placing high value on trust, respect, and integrity. Those values are priceless in financial services.

Most people are decent men and women like us who work hard to make a living but struggle to build a more comfortable financial future. Most fund managers take their fiduciary duties responsibly. For those reasons I am in full agreement with your statements: "Integrity, professionalism, and a legit business model, will win out in the end.  Probably sooner than later, as more investment grade money enters this arena". Well said. Thanks.

[DNotes]

Yesbitcin cn coquerpaypal.In bitcoin,payment is permanent and thus retailers would like it.Transaction fees can also be lower in bitcoins.Transaction time taken is much more and it needs to be resolved.User base of bitcoin is reduced compared to paypal and so consumer amount of bitcoin needs to be increased.Most of my friends have now use bitcoin repayment departing paypal.,aon

Welcome sprikies to the DNotes forum. Cryptocurrency certainly has advantages over payment systems like PayPal, such as micro-payments and the ability to have little to no fee and requires no intermediary to send a transaction anywhere in the world.

[gavrilo77]

Is this the lowest price ever for Notes?
The last github update was on 15 August. Is there any other info about development of 2.0?

[TeeGee]

Is this the lowest price ever for Notes?
The last github update was on 15 August. Is there any other info about development of 2.0?

Hi gavrilo -- it's is not the lowest DNotes has been, either in terms of BTC or in terms of dollars. When we first traded, the price was around 60 satoshi. Bitcoin's rises have also meant that each DNote is worth more, though when BTC rises altcoins often find a lot of capital leaving the market for a while. The influx of capital into alt-coins in May/June/July has in large part left the majority of coins back where they were at around March / April levels when priced in Bitcoin.

The last GitHub update was 6 days ago -- https://github.com/DNotesCoin/DNotes-2.0

We too are not pleased that we have had to push back the release of 2.0, and Alan has stated here that we are aiming for release early in the new year. Earlier today in this thread, our CTO (Joe -- or DNotes in this forum) said he talked with two development firms in Indiana regarding assisting our main blockchain programmer, and other related applications we are looking into building that will be a part of the 2.0 ecosystem to speed things up a bit.

I was able to meet with a few local development firms here in Indiana yesterday. The meetings went better than expected, highly intelligent and creative people that obviously spent a great deal of time to research and understand our needs. Each group had a distinct interest in certain areas of DNotes progression, which is exactly what we need in order to grow rapidly.

I hope this helps.

[gavrilo77]

Is this the lowest price ever for Notes?
The last github update was on 15 August. Is there any other info about development of 2.0?

Hi gavrilo -- it's is not the lowest DNotes has been, either in terms of BTC or in terms of dollars. When we first traded, the price was around 60 satoshi. Bitcoin's rises have also meant that each DNote is worth more, though when BTC rises altcoins often find a lot of capital leaving the market for a while. The influx of capital into alt-coins in May/June/July has in large part left the majority of coins back where they were at around March / April levels when priced in Bitcoin.

The last GitHub update was 6 days ago -- https://github.com/DNotesCoin/DNotes-2.0

We too are not pleased that we have had to push back the release of 2.0, and Alan has stated here that we are aiming for release early in the new year. Earlier today in this thread, our CTO (Joe -- or DNotes in this forum) said he talked with two development firms in Indiana regarding assisting our main blockchain programmer, and other related applications we are looking into building that will be a part of the 2.0 ecosystem to speed things up a bit.

I was able to meet with a few local development firms here in Indiana yesterday. The meetings went better than expected, highly intelligent and creative people that obviously spent a great deal of time to research and understand our needs. Each group had a distinct interest in certain areas of DNotes progression, which is exactly what we need in order to grow rapidly.

I hope this helps.

Thank you for your answer. As per my opinion the one of the major things is trust, and certainly you guys have it from the community side, but there are limitations as well for how long. It is just fear and i think no one would like to see Notes as good idea only. There were many nice coins as Memory coin, Data coin, Heavy coin, Fugue coin ... all unique on it way but reality is unfortunately different, belongs to the history almost.   

[Dyna]

I came across a recent article written by Nick Ayton of Cointelegraph relating to IPOs. It is not exactly shocking to me, but still eye-opening. Since I am preparing for the World Funding Summit with little time to post, I thought that I share this with you.

What Lessons Can Be Learnt From Tezos ICO Debacle

Our London Correspondent Nick Ayton, the Sage of Shoreditch, explores the infighting at Tezos that reveals the ICOs structural challenges.
Some suggest the SEC might demand Tezos’ founders refund investors’ money...all $232 mln of it.

Apparently there are some deep seated personal and structural issues with how the token sale was structured, marketed and executed that will be a lesson for us all.

Why are being raised the suspicions that some investors allowed to exit with profits? How was the $150m valuation arrived at? What was Tim Draper’s role? Might investors have simply been misled and was there a role here for the hype and dumb people? And the big one, is the Tezos token really a security? And why was the token not registered with the SEC?
Tezos, a kick in the teeth for investors…

Tezos was intended to deliver a self-amending crypto ledger technology and improve on the Ethereum and Bitcoin networks, boosting security and trust. This is a bit rich given what appears to have been going on behind the scenes.

Read more: https://cointelegraph.com/news/what-lessons-can-be-learnt-from-tezos-ico-debacle

[Chase]

I came across a recent article written by Nick Ayton of Cointelegraph relating to IPOs. It is not exactly shocking to me, but still eye-opening. Since I am preparing for the World Funding Summit with little time to post, I thought that I share this with you.

What Lessons Can Be Learnt From Tezos ICO Debacle

Our London Correspondent Nick Ayton, the Sage of Shoreditch, explores the infighting at Tezos that reveals the ICOs structural challenges.
Some suggest the SEC might demand Tezos’ founders refund investors’ money...all $232 mln of it.

Apparently there are some deep seated personal and structural issues with how the token sale was structured, marketed and executed that will be a lesson for us all.

Why are being raised the suspicions that some investors allowed to exit with profits? How was the $150m valuation arrived at? What was Tim Draper’s role? Might investors have simply been misled and was there a role here for the hype and dumb people? And the big one, is the Tezos token really a security? And why was the token not registered with the SEC?
Tezos, a kick in the teeth for investors…

Tezos was intended to deliver a self-amending crypto ledger technology and improve on the Ethereum and Bitcoin networks, boosting security and trust. This is a bit rich given what appears to have been going on behind the scenes.

Read more: https://cointelegraph.com/news/what-lessons-can-be-learnt-from-tezos-ico-debacle

The class action lawsuit against Tezos will likely result in a lot of similar actions by disgruntled investors in other ICOs. The lack of restrictions that gives everyone the freedom to invest in these, is now being exploited by the very people no one trusted in the 'old' financial world.  

https://www.crowdfundinsider.com/2017/11/124067-tezos-hit-class-action-lawsuit-filed-california-beginning-end-unregistered-icos/

[MiningHabit]

Cryptopia has DNotes listed and it is a great exchange. I like it better than Poloniex personally so getting delisted there has zero impact to me. Take advantage of this lull as once new chain comes out things will improve drastically. DNotes is in a great position, trust me on this.

Thank you, HORT. Your confidence in DNotes is greatly appreciated. When I have more time next week after my trip, I will gear up to support Cryptopia. I have heard good things about them.

C-Cex has listed DNotes since our early days. They have treated me well despite our low volume. I did support them fairly actively for the first couple of years. Although there is some room for improvement, to me they have been great. Zero unresponsive or bad experience.

DNotes will come back strong. Together we will overcome and succeed. 

I'll probably support both Cryptopia and C-Cex -- I like to reward those who are loyal. The Cryptopia guys are local to me too. One of the only places in NZ that allow New Zealand dollars to be onramped / offramped to and from an exchange. They have quite a few NZ dollar to alt-coin trading pairs. Over time that could extend to a NOTE / NZD trading pair. 

Interesting. I'm not terribly well-versed on individual country capital controls, but the capital controls in NZ are a touch onerous, right? Or have they improved since the BitNZ closure earlier this year?

[MiningHabit]

Well said. Nice explanation. I like 2 a lot. I have always hated the accredited investing rule. No, I'm not rich. But yes, I am astute enough to understand the risks I take. So why can't I?

For example, I was desperate to invest into Facebook a year or two before it went public. It was worth $10b at the time, with shares trading on SecondMarket at about a $15b valuation. Pretty steep markup to get in. But I wanted in bad. Only, I'm not accredited. My Dad is, and so I wrote up a 4 page investment thesis. He didn't do so. And obviously there was nothing I could do with the little capital I had at the time. Facebook is like 30x-40x those market cap levels now. And I missed only because I'm not already rich.

This is a huge reason I love crypto so much. It's going to disrupt so much of our world, just like social platforms and cell phones did before it. But this time, nobody except for myself gets to determine what I do. I set my own risk params, and the government can't tell me what to do because I'm not already rich.

Glad to see this ethic possibly extending out to the underlying corporate entities, and not just to tokens themselves.

Certainly understand the frustration in that situation MiningHabit and it is unfortunate that you were unable to invest. You could have gone to the casino, or bought lottery tickets with whatever money you had planned to invest and that would have been perfectly legal. I don't believe the amount of money you make should dictate your ability to invest.

Like a lot of the rules of commerce within our republic of capitalism, this one skews toward the rich. one instance I got right. But I was unable to execute.

But yeah, I'm totally allowed to go onto e-trade, and trade options 'til the cows come home. Higher risk, higher variance, far more complex instruments. But I'm allowed to make those bets with no questions asked. But nope. Can't simply buy equity in growth companies on private markets. Lots of rules have been relaxed here of late, which is great (and there are great fundraising platforms like republic.co that are enabling these kinds of investments by the hoi polloi like us). But fat lot of good that does me in terms of positions I wanted to take a decade ago.

And yes, I lost my shirt in my early 20s playing that options game.  Hopefully that disabuses any thread lurkers of any notion that I'm preaching as a guru by only sharing shit I got right, haha. Go big or go home. I unfortunately went home, and it set the development of my financial life back by 3-5 years.

Blah, /rant

[DNotes]

Reminder to remove your DNotes from PoloniEx for the 21st.

You may send your coins to:
DNotesVault - http://dnotesvault.com/
Your own wallet - http://dnotescoin.com/#download
Or one of the exchanges, our community has recommended both Cryptopia and C-Cex
https://www.cryptopia.co.nz/Exchange/?market=NOTE_BTC
https://c-cex.com/?p=note-btc

PoloniEx has not yet responded at this time.

[TeeGee]

Interesting. I'm not terribly well-versed on individual country capital controls, but the capital controls in NZ are a touch onerous, right? Or have they improved since the BitNZ closure earlier this year?

The main issue in NZ has been bank support to facilitate the exchange process -- I'm not sure what bank cryptopia use, or whether they've had their accounts closed at the banks they bank with. Most banks in NZ have (officially) stated that they have no problem with people purchasing and selling bitcoin for personal use (lie), but they state that they will close merchant accounts if they are discovered.

Cryptopia however have allowed NZ dollar to Bitcoin and back for the last year or two. There is another exchange launching soon that is also claiming to have partner bank support and will allow for margin trading to reduce the spread in NZ.

Overall NZ has pretty easy capital controls -- though many government agencies have yet to state a firm position on cryptocurrencies and the way that they should be treated. As it stands, NZ is about the most economically free country in the world... but... somehow NZ just elected a woman who has promised no end of new taxes, and spending / entitlements (minority government that won 35% of the vote in coalition, the largest party who got 46% of the vote are in opposition). To be honest I'd expect nothing less of clueless politician that hasn't done anything after 3 terms in parliament, who only 9 years ago was leader of the Union of International Socialist Youth. So it's likely to at least become a lot more onerous. An example is we don't have capital gains here... but see how long that lasts now.  I believe the new government are not as likely to be quite as friendly toward cryptocurrencies as the prior socialist-lite 'conservative' party.

[wiser]

Well said. Nice explanation. I like 2 a lot. I have always hated the accredited investing rule. No, I'm not rich. But yes, I am astute enough to understand the risks I take. So why can't I?

For example, I was desperate to invest into Facebook a year or two before it went public. It was worth $10b at the time, with shares trading on SecondMarket at about a $15b valuation. Pretty steep markup to get in. But I wanted in bad. Only, I'm not accredited. My Dad is, and so I wrote up a 4 page investment thesis. He didn't do so. And obviously there was nothing I could do with the little capital I had at the time. Facebook is like 30x-40x those market cap levels now. And I missed only because I'm not already rich.

This is a huge reason I love crypto so much. It's going to disrupt so much of our world, just like social platforms and cell phones did before it. But this time, nobody except for myself gets to determine what I do. I set my own risk params, and the government can't tell me what to do because I'm not already rich.

Glad to see this ethic possibly extending out to the underlying corporate entities, and not just to tokens themselves.

Certainly understand the frustration in that situation MiningHabit and it is unfortunate that you were unable to invest. You could have gone to the casino, or bought lottery tickets with whatever money you had planned to invest and that would have been perfectly legal. I don't believe the amount of money you make should dictate your ability to invest.

Like a lot of the rules of commerce within our republic of capitalism, this one skews toward the rich. one instance I got right. But I was unable to execute.

But yeah, I'm totally allowed to go onto e-trade, and trade options 'til the cows come home. Higher risk, higher variance, far more complex instruments. But I'm allowed to make those bets with no questions asked. But nope. Can't simply buy equity in growth companies on private markets. Lots of rules have been relaxed here of late, which is great (and there are great fundraising platforms like republic.co that are enabling these kinds of investments by the hoi polloi like us). But fat lot of good that does me in terms of positions I wanted to take a decade ago.

And yes, I lost my shirt in my early 20s playing that options game.  Hopefully that disabuses any thread lurkers of any notion that I'm preaching as a guru by only sharing shit I got right, haha. Go big or go home. I unfortunately went home, and it set the development of my financial life back by 3-5 years.

Blah, /rant

This is totally why I love cryptos so much too. I too have been priced out of being able to make investments that might have actually made my life better because like you I wasn't already rich. But with crypto, I got to try out some of the things that in the fiat world only rich people get to do. I've loaned to margin traders, I've invested in microloans all over the world, I've bought speculative coins, I've participated in ICOs, and probably a few other things I'm forgetting about. I've also gotten to interact directly with industry leaders like Dyna and really learn the ropes. And I never ever had to put up any more money than I could risk given my financial state. On paper I've lost thousands and also gained thousands more. I would consider myself to have been successful with crypto, and just to give you an example I'm seriously considering sending my son to one of those exclusive Montessori schools that a few years ago would have been impossible due to the high tuition. Now, it's like, OK, what do I have to sell to make this work? But more important than the financial success is the fact that I have been able to learn so much about finances and how it works through the hands-on playground that is crypto. You can't put a price tag on that.

[DCEBrief]

Square’s Cash App Testing Bitcoin

https://dcebrief.com/squares-cash-app-testing-bitcoin/

[DNotes]

All, Alan and I are getting ready to leave for LA for the world funding summit where Alan will be speaking http://worldfundingsummit.com/alan-yong.

http://worldfundingsummit.com/
LOS ANGELES CONVENTION CENTER
November 17 - 18 | Los Angeles, CA

[Chase]

All, Alan and I are getting ready to leave for LA for the world funding summit where Alan will be speaking http://worldfundingsummit.com/alan-yong.

http://worldfundingsummit.com/
LOS ANGELES CONVENTION CENTER
November 17 - 18 | Los Angeles, CA

Good luck at the Summit, I know you will both do DNotes proud.

When Alan first told us he was attending the World Funding Summit, I took a look at their website, speakers, schedule, etc. At that time "ICO, Cryptocurrency, & Blockchain" was one of three key tracks and one of eight topics to be covered. Now it is part of almost every discussion scheduled on Day 1 and the entire Day 2 is dedicated to "ICO: All You Need To Know". WOW. DNotes is still the only cryptocurrency that has a team presence there (as far as I know).

ICO: All You Need To Know

"Let’s look beyond the hype – Initial Coin Offerings (ICO) have raised hundreds of million dollars in a remarkably short time frame, have removed geographical borders and conveyed liquidity as the greatest promise. What we are witnessing is one of the greatest drives forward that technology can bring to a venture financing system. But the emerging system has attracted an overflow of bad actors and this has stimulated questions about its trustworthiness and what its future application is. Join us for a deep dive to learn about ICOs and meet some of the most active players, financiers, international experts and attorneys. The future of finance has arrived – now how do YOU want to shape it?"  -  http://worldfundingsummit.com/schedulefull-day2-2-2-2

It will be very interesting to hear what the international experts and attorneys have to say about the legality issues facing ICOs, and any advice they may have in building one that can stand up to legal scrutiny.

Alan is speaking on Day one:

ICO & CRYPTOCURRENCY INTRODUCTORY TRACK: HERE COMES THE FUTURE
It is official – the amount raised via Initial Coin Offerings (ICOs) has surpassed earliest-stage venture capital so far in 2017. The current venture financing system is extremely complex and a new decentralized financial system is set to remove layers of intermediation while rewarding those new ventures which are fully capable of leveraging their network effects. Will the system mature to serve as a reliable financing tool while eliminating bad actors?

KEY DISCUSSION POINTS (DEBATE):

• Basics: Blockchain, Cryptocurrency, Token Crowdfunding, Smart Contracts, DAO, ICO
• What kind of companies/industries might think of staging ICOs?
• How to evaluate risks in investing in ICOs and cryptocurrencies and spot bad actors?
•Who is who in the new emerging industry: main players, platforms and service providers
• Legal landscape, rules in the U.S./world and what’s next

Fascinating stuff! Good luck Alan. 

[Dyna]

Thank you, Chase. Joe and I will do our best to represent DNotes. We appreciate your support and trust that many of you in our community will help keep this forum engaged and enlightened. Thanks.

[wiser]

All, Alan and I are getting ready to leave for LA for the world funding summit where Alan will be speaking http://worldfundingsummit.com/alan-yong.

http://worldfundingsummit.com/
LOS ANGELES CONVENTION CENTER
November 17 - 18 | Los Angeles, CA

That's AWESOME! I'm looking forward to reading about how it goes. I'm thinking I better stock up on some more DNotes before the big event

[TeeGee]

All, Alan and I are getting ready to leave for LA for the world funding summit where Alan will be speaking http://worldfundingsummit.com/alan-yong.

http://worldfundingsummit.com/
LOS ANGELES CONVENTION CENTER
November 17 - 18 | Los Angeles, CA

I'm looking forward to seeing the videos -- be sure to take lots of photos that can be shared here while you're there! I know you'll both be meeting and greeting with many industry people, and making some great personal connections.