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Author Topic: DNotes 2.0 - Staking, CRISP Interest, DNotes Pay  (Read 148860 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (3 posts by 1+ user deleted.)
akapulka
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January 08, 2019, 12:25:55 AM
 #6161

Thanks for the informative articles. I especially enjoyed looking over the infographic from DNotesEDU.

Here's a fun one: CryptoKitties is taking the Ethereum network by storm: https://cointelegraph.com/news/cryptokitties-sales-hit-12-million-could-be-ethereums-killer-app-after-all

I looked over the CryptoKitties website and read pretty much everything except the white paper. Although you have to put some real money into it, it actually has a lot of educational value. It's a fun way to learn how the block chain and smart contracts work. I'm actually considering getting my older kids some ether and letting them have at it.

I hope gamification is part of DNotes' plan. It's just fun. And it can be a fun way to learn the ropes too if the game is done right.
I'm not sure that you have to put too much money into such games as CryptoKitties or even in CryptoFlowers, just a couple of bucks. Breeding is almost free.
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January 08, 2019, 12:39:54 AM
 #6162




Cryptocurrency's Cost and Benefit to the North American Economy

https://dcebrief.com/cryptocurrencys-cost-and-benefit-to-the-north-american-economy/
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January 08, 2019, 12:46:00 AM
 #6163

Japan’s FSA Reportedly Exploring Interest in Crypto ETF Approval

https://dcebrief.com/japans-fsa-reportedly-exploring-interest-in-crypto-etf-approval/
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January 08, 2019, 01:06:23 AM
 #6164




Cryptocurrency's Cost and Benefit to the North American Economy

https://dcebrief.com/cryptocurrencys-cost-and-benefit-to-the-north-american-economy/


Well done Brandon! Interesting last point in the benefit section. In part higher crime can be the result of a lack of opportunity or even a perception of lack of opportunity. The inclusive and open nature of cryptocurrency will inevitably create opportunity and motivate people. It will also be interesting to see how cryptocurrency can be utilized to create those opportunities.

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January 08, 2019, 07:33:17 AM
Last edit: January 08, 2019, 12:20:16 PM by TeeGee
 #6165

That was a rather substantial article Brandon!

The more interesting aspects of it, I found, were the inflationary effects of money that could act to push up the prices of goods as cryptocurrencies become a more popular method to accept payment, and I think that effect could also compound in areas that are more cryptocurrency friendly than states that take punitive action for their use.

The other was the education of individuals to get them up to speed with cryptocurrency use and investing. While the investing side will invariably be a case of "it's an asset class you could have gone into and didn't", there will probably always be stablecoins that people can use as a point of entry into the system for those more risk averse -- even if they miss early adopter status. Using pure cryptocurrencies is quite a different story though, and will be a real challenge. It's on us to make using crypto so incredibly simple that nobody even needs education on it. I'm sure the first time everyone used internet banking may have felt a bit strange, but if we can make it even easier (like DNotes Pay) then we will have a real shot at beating that education curve that is such a hindrance at this time.  

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January 08, 2019, 03:21:27 PM
Last edit: January 12, 2019, 07:24:33 PM by DNotes
 #6166

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, where DNotes will have 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 New?
Fully compliant Reg D 506 (c) crowdfunding followed by a Reg A+ Mini-IPO.
DNotes Trading Bot - https://bitcointalk.org/index.php?topic=5084651.new#new
New DNotes Pay Integrations - https://dnotescoin.com/dnotes-pay/
Next Gen HERo Launch - https://nextgenhero.io/

What are the current primary objectives?
-DNotes Global Funding
-Get Listed Larger Exchanges
-Promote HERo and Build New Partnerships

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/




DNotes Pay


DNotes Pay Digital

Use: Selling individual products from a website that can be delivered automatically via a download link or directed to a specific webpage without collecting any information from the buyer.
Integration: Can be integrated into any PHP website.
Instructions:
Edit address.txt and add your DNotes addresses, 1 per line.
Edit index.php and change the 6 Config values at the top.
Upload all files to your web site.
Link to this page via hyperlink or button to accept payments.

https://www.youtube.com/watch?v=4tLDY3RPSbc&t=545s

Features:
Universal PHP/Javascript script.
No database required.
Automatic payment confirmation and product delivery.
No buyer information required.

Script:
https://github.com/DNotesCoin/dnotespay-digital-poc


DNotes Pay Digital - Wordpress Plugin

Use: Selling any number of individual products from a Wordpress website that can be delivered automatically via a download link or directed to a specific webpage without collecting any information from the buyer.
Integration: Can be integrated into any Wordpress website.
Instructions:
Download the plugin and install on your Wordpress website.
Configure your DNotes Pay payment button.
Place the shortcode where ever you would like on your Wordpress website to display the purchase button.

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

Features:
Easily install on any Wordpress website.
Sell any number of individual products.
Automatic payment confirmation and product delivery.
No buyer information required.

Download Plugin:
https://github.com/DNotesCoin/dnotespay-wp-digital-poc/releases

Source:
https://github.com/DNotesCoin/dnotespay-wp-digital-poc


DNotes Pay Software

Use: Selling software on a Pay Per Period or lifetime purchase automatically and without collecting any information from the buyer.
Integration: Can be integrated into any program, C# example provided.
Instructions:
For C# and .NET applications, modify the code example and integrate into your program.

https://www.youtube.com/watch?v=9myDnwR7SF0

Features:
Automatically accept payments for use of your software.
Novel Pay Per Period model.
Add in any additional security your program may require.
No additional requirements.

Script:
https://github.com/DNotesCoin/dnotespay-sw-poc


DNotes Pay Checkout

Use: Selling products and services for DNotes in your own online shopping cart / web store.
Instructions:
https://github.com/DNotesCoin/dnotespay_checkout/blob/master/README.md

Features:
Buyers do not have to wait for blockchain transaction confirmation to finalize their purchase.
Minimal requirements, PHP and database capable hosting.
Flexible solution, integrated with any checkout system including custom carts.

Script:
https://github.com/DNotesCoin/dnotespay_checkout


DNotes Pay Payment Gateway for WooCommerce

Use: Accept payments in your WooCommerce eCommerce website.
Instructions: https://github.com/DNotesCoin/dnotespay_payment_gateway_woocommerce

Features:
WooCommerce is a free and very easy to use and setup eCommerce platform.
DNotes Pay extends the payment functionality to DNotes.
No waiting for transactions, everything is processed on the back end.

Script:
https://wordpress.org/plugins/dnotes-pay-payment-gateway-for-woocommerce/









DNotes 2.0 Frequently Asked Questions:

Q: What is new with DNotes 2.0?

A: DNotes 2.0 is a major improvement on the original DNotes blockchain. The new blockchain will allow DNotes and its partner company DNotes Global to achieve its objective to connect DNotes to the modern world of finance and commerce. The new blockchain is faster, more secure, and consumes only a fraction of the electricity. It also allows custom invoices to be created and attached to transactions, and changes the economic incentives of the network to one that encourages savings with the switch to the Proof-Of-Stake algorithm, and paying 0.5% interest on balances that haven’t moved from a wallet address in a 30 day period (~6% per annum).

Specifications

POS
2% Annualized Staking Reward
Individual blocks reward will be Current Total Coins / 525,600 * 0.02
60 Second Block Target
0.005 Transaction Fee
Source: https://github.com/DNotesCoin/DNotes2.0
Download Wallet: http://dnotescoin.com/#Download
Directory DNotes2 (C:\Users\USERNAME\AppData\Roaming\DNotes2 on Windows)
CONF dnotes.conf (all lower case)

DNotes 2.0 Features
Switch to PoS
CRISP Reward - 0.5% interest every 30 days. Awarded by address. Calculated on a 30 day cycle.
Automated Invoicing (First Phase) - Integrated blockchain invoice number

There will be a soft deadline where DNotes mined after that block will not be redeemable for 2.0 coins:
4/16/2018
Block# 2180897
133,574,552 Will be the total swappable amount of DNotes we create
+20,000,000 Allocated to DNotes Global, Inc for Development & Growth Fund
153,574,552 Total DNotes 2.0 Created

The next update (TBD) will include:
Deferred Staking

Q: How do I swap my coins? (after April 16th)

A: The DNotes coin swap process will now be done through a private fork of the legacy DNotes blockchain. We have created this fork to ensure that legacy DNotes holders are still able to swap their legacy DNotes for DNotes 2.0 long after the deadline, in the event they missed the swap. This also ensures we will not be accepting newly purchased or mined DNotes, protecting our users and network.

In order to swap your coins, you will need the following DNotes v1.3 wallet, which you can download here:
http://dnotescoin.com/DNotes/dnotes-qt1-3.zip
You will need to copy your wallet.dat or wallet backup file to C:\Users\USERNAME\AppData\Roaming\DNotes1-3 directory, open the wallet application and allow it to update.
Next, you will need an address to send your legacy DNotes in to for the coin swap, you can generate a legacy address with the following instructions:
Create a DNotesVault.com account if you don’t already have one.
Login to your DNotesVault.com account, and click the HISTORIC tab at the top.
Click Create Address, and send your DNotes to the address you just created.

Coin swaps will be processed once a month until further notice.

Q: What is the cutoff date for mined DNotes that can be swapped to the new DNotes blockchain?

A: We have set April 16th 2018 as the soft deadline. No DNotes mined after this date will be eligible to be swapped to DNotes running on the new blockchain. We will continue swap DNotes after that date, however the process will not be as easy and will take more time. Any DNotes 1.x purchased on exchanges after the 16th will not be eligible for the swap.

Q: Will DNotes 2.0 be listed on new exchanges?

We are currently listed on:
https://mercatox.com/exchange/NOTE/BTC
https://stocks.exchange/trade/NOTE/BTC
https://www.nlexch.com/markets/notebtc
https://bitebtc.com/trade/note_btc

Beta or Future Exchanges we are working with:
https://blockbid.io/

Q: Are the new DNotes 2.0 coins worth the same as the old coins?

A: Yes, they are worth exactly the same. However we can not predict what price movements will occur at exchanges once DNotes is relisted using the new coins.

Q: I have Mac or Specific Linux OS, will there be wallets for these?  

A: Yes!
We currently have Windows / Mac / Linux Mint / Ubuntu Desktop wallets at DNotesCoin.com. If you need something else, please let us know.

Q: Where is the block explorer?

A: https://chainz.cryptoid.info/note/


Staking

Q: What is Staking?

A: Staking your coins helps to support the DNotes network, and the network currently pays out roughly 5 DNotes every minute to one address on the network based on a probability that centers on how many coins the user is staking with as a percentage of the total number of coins being staked on the network. The DNotes network pays out ~2% of the total number of coins per annum. If 100% of DNotes were being used to stake on the network, then by probability each user could expect 2% growth in the number of coins they have. If only 50% of coins are used to stake, then those users could expect approximately 4% growth that year.

Q: Can I stake my coins on the DNotesVault?

A: You cannot currently stake your coins that are on the DNotesVault, you will need to withdraw your DNotes 2.0 to a local wallet and stake your coins from your local wallet. We will in a future release incorporate cold staking, which will allow you stake your coins while they are safely tucked away inside the DNotesVault. However, we do not have an ETA, it will be one of our highest priorities for next upgrades.

Q: How do I stake?

Disclaimer: It is recommended that you properly secure your computer and wallet, as well as make proper backups, before attempting to run your own staking wallet. Failure to properly secure your DNotes may result in loss or theft. If you are not familiar with the process, please start off small and familiarize yourself with the process.

You will need to download the DNotes QT wallet here: http://dnotescoin.com/#Download

Install the wallet (and we recommend creating a backup, after encrypting your wallet)
Go to settings, and then ‘encrypt wallet’. Enter your password twice (and do NOT forget it, or you will not be able to access the wallet and we can not help you).
Go to settings, and then ‘unlock wallet’, enter your password, and select “for staking only”. This will prevent any transfers from being made from your wallet without the password while you stake your coins.
Soon the arrow at the bottom will turn green. This means that your coins are now staking.
   
Video: https://youtu.be/bR66LWPRzAU

Q: How do I get the most out of my staking efforts?

A: There is no trick to staking efficiently. The factors involved are your coin weight versus the network coin weight and coin weight is the number of coins currently staking. The age does not matter, nor does how you divide or move your coins around.

Q: How much can I earn staking?

A: That depends on how many coins you are staking and how many coins are being staked on the network. The blockchain distributes Current Total Coins / 525,600 * 0.02 every block, or every 60 seconds. You may calculate how often you are chosen to receive the block reward by dividing your network weight verse your weight. If network weight is 100, and your weight is 5, then you would be chosen for block reward 5 blocks out of every 100.



CRISP

Q: Can I get CRISP reward AND stake at the same time?

A: Yes, the system is designed to allow you to receive CRISP on a wallet you are staking

Q: What is the CRISP reward structure?

A: CRISP periods are every 43,200 blocks (30 day target). Payments start 10,080 blocks (1 week target) from the end of the CRISP period.

Q: What do I need to do to earn CRISP?

A: Keep your coins in the same address for the full CRISP period 30 days, set every 43,200 blocks.

Q: When will I receive CRISP payments?

A: The next payouts are as follows:

May 1 - Ends first CRISP period.
May 8 - Payout starts. (Virtually no one will receive this payout)
June 2 - Ends second CRISP period
June 10 - Payout starts

Roughly.

Q: Do I get CRISP payments at the DNotesVault?

A: Yes! You get CRISP inside the DNotesVault, or at any address you control, such as a Desktop wallet. Though I won't suspect you will be able to get CRISP rewards from the exchanges or other online providers.

Q: Where do the CRISP coins come from?

A: The blockchain, these are newly created coins and have now become part of the new coin distribution, just like the staking reward.

Q: How do I earn the interest reward?

A: Our Cryptocurrency Investment Savings Plan (CRISP) payouts occur approximately once per month. All coins that haven’t moved address during that month period will accrue a 0.5% interest, which compounds to roughly 6.17% per annum. If you move your coins during that time, those coins will not receive the interest for that month.







Chase
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January 08, 2019, 07:39:53 PM
 #6167


That was a rather substantial article Brandon!

The more interesting aspects of it, I found, were the inflationary effects of money that could act to push up the prices of goods as cryptocurrencies become a more popular method to accept payment, and I think that effect could also compound in areas that are more cryptocurrency friendly than states that take punitive action for their use.

The other was the education of individuals to get them up to speed with cryptocurrency use and investing. While the investing side will invariably be a case of "it's an asset class you could have gone into and didn't", there will probably always be stablecoins that people can use as a point of entry into the system for those more risk averse -- even if they miss early adopter status. Using pure cryptocurrencies is quite a different story though, and will be a real challenge. It's on us to make using crypto so incredibly simple that nobody even needs education on it. I'm sure the first time everyone used internet banking may have felt a bit strange, but if we can make it even easier (like DNotes Pay) then we will have a real shot at beating that education curve that is such a hindrance at this time.  



There is definitely a knowledge gap! It is short-sighted to think that cryptocurrency education is unnecessary for investors that weren't early adopters - if anything, it is more important going forward now than ever. Most cryptocurrencies are going to become worthless somewhere in the course of mass adoption, taking some early adopters with them. The ease at which fraud can be pulled off in this industry (and with no remorse) is despicable, heightening the need for investor education and protection. DNotes is designed to provide an investment return no matter when you start accumulating it - education would let people know that not all currencies are like this. They also need to know what realistic returns are, the signs of fraud, online security, types of investment products, etc - both in cryptocurrency and traditional finance.

It is critical to have the technology so user friendly, it is almost invisible, because the average mainstream user isn't going to give a crap about the tech. DNotesVault is a perfect example - because of its ease of use and similarity to how people already hold their money/investments,  everyday people with no tech skills whatsoever are DNotes holders. DNotesPay will extend that ease of use to the business community, the self-employed, etc. All that is really needed for tech education in mass adoption is some easy to understand "how to use it" guides. If the mainstream user needs to learn any more than that, it likely won't get adopted on a large scale. The masses don't care what is under the hood.

The biggest educational needs will come as cryptocurrency starts acting as the financial product it was always intended to be. The majority of the world is financially illiterate, and expecting them to achieve digital financial literacy on their own is wishful thinking.

"The true sign of intelligence is not knowledge but imagination." -Albert Einstein-

DNotes EDU – Cryptocurrency Education For All – Accomplishments of 2018
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January 09, 2019, 12:24:09 AM
 #6168

BIS Survey: Central Banks See Little Likelihood of Wholesale Crypto Use in Near Future

https://dcebrief.com/bis-survey-central-banks-see-little-likelihood-of-wholesale-crypto-use-in-near-future/
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January 09, 2019, 04:33:06 PM
 #6169

Today, another reminder and decided to make a post about it, that in order to achieve our mission for DNotes we need to do the right things, the right way, and at the right time; as Alan has said many times. Our industry has been, for lack of a better word, loose with its deal makings and decisions. That's not passing judgement on those in our industry either, though in some cases it's warranted, it can be very difficult to filter through all the noise out there. It would be easy to make the wrong moves by reacting an interesting deal and make it more difficult to achieve our long term goals or even in some cases impossible.

I'm sure some of our supporters and readers may come to the conclusion that it would be much easier to have an ICO or do things that others are doing in our industry to get ahead quickly. However, to truly become a trusted and inclusive digital currency in global commerce for the benefit of everyone worldwide, we need to "do the right things, the right way, and at the right time". Anything less I would consider an extreme disservice to all those who believe in and support DNotes. Thank you to everyone who supports us in our mission!

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January 09, 2019, 07:19:26 PM
 #6170

Hello everyone. I haven't been very active lately. Im back now. Hopefully for a while Smiley
Just wanted to stop by and wish every DNotes community members and the team a very happy new year. Hopefully this will be the year for DNotes to shine above the rest.

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January 09, 2019, 07:28:50 PM
 #6171

Hello everyone. I haven't been very active lately. Im back now. Hopefully for a while Smiley
Just wanted to stop by and wish every DNotes community members and the team a very happy new year. Hopefully this will be the year for DNotes to shine above the rest.

Hey BTCWise, good to see you're back, Happy New Year

Thank you very much. Feels good to be back Smiley

Now that I have your attention.
I wanted to find out if there are any plans to add extra exchanges to the DNotes trading bot?

Also, are there any success stories you can share. Would love to know if the bot is worth the effort. Can't afford to squander any crypto right now.

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January 09, 2019, 08:39:37 PM
 #6172

ShapeShift Announces Layoff of 37 Employees

https://dcebrief.com/shapeshift-announces-layoff-of-37-employees/


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January 09, 2019, 10:58:23 PM
 #6173

Hello everyone. I haven't been very active lately. Im back now. Hopefully for a while Smiley
Just wanted to stop by and wish every DNotes community members and the team a very happy new year. Hopefully this will be the year for DNotes to shine above the rest.

Hey BTCWise, good to see you're back, Happy New Year

Thank you very much. Feels good to be back Smiley

Now that I have your attention.
I wanted to find out if there are any plans to add extra exchanges to the DNotes trading bot?

Also, are there any success stories you can share. Would love to know if the bot is worth the effort. Can't afford to squander any crypto right now.

Yep, which ones are you interested in? So far the only suggestion is Binance, it will take a while to add another exchange to the bot.

https://bitcointalk.org/index.php?topic=5084651.new#new

This video is worth a watch if you haven't seen it already. https://www.youtube.com/watch?v=YWXh8tJ35_A

I certainly understand, it is difficult to risk when you have very little spare. Maybe wiser can chime and share how it's working for her.

What I can say is that if the market you chose to trade goes down, and it is outside of your selected trading range to the point where you are no longer making trades, that is the worst case scenario. What that means is you will have bought that coin as it's going down, and you would be stuck "under water" until the price comes back up or you decide to just exit and take the loss. So the safer bet if you have little to risk would be to pick smaller caps with a fairly stable price.

If you use coingecko charts, it's easy to see how much a market is moving in a day (they have 1h / 24h / 7day percentage markers) and how frequently your trading bot would be making trades (when you look at the coin specific chart).

With all that said, there are no guarantees, and just like buying DNotes... Never invest more than you can afford to lose.

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January 09, 2019, 11:18:56 PM
 #6174

Hello everyone. I haven't been very active lately. Im back now. Hopefully for a while Smiley
Just wanted to stop by and wish every DNotes community members and the team a very happy new year. Hopefully this will be the year for DNotes to shine above the rest.

Hey BTCWise, good to see you're back, Happy New Year

Thank you very much. Feels good to be back Smiley

Now that I have your attention.
I wanted to find out if there are any plans to add extra exchanges to the DNotes trading bot?

Also, are there any success stories you can share. Would love to know if the bot is worth the effort. Can't afford to squander any crypto right now.

Yep, which ones are you interested in? So far the only suggestion is Binance, it will take a while to add another exchange to the bot.

https://bitcointalk.org/index.php?topic=5084651.new#new

This video is worth a watch if you haven't seen it already. https://www.youtube.com/watch?v=YWXh8tJ35_A

I certainly understand, it is difficult to risk when you have very little spare. Maybe wiser can chime and share how it's working for her.

What I can say is that if the market you chose to trade goes down, and it is outside of your selected trading range to the point where you are no longer making trades, that is the worst case scenario. What that means is you will have bought that coin as it's going down, and you would be stuck "under water" until the price comes back up or you decide to just exit and take the loss. So the safer bet if you have little to risk would be to pick smaller caps with a fairly stable price.

If you use coingecko charts, it's easy to see how much a market is moving in a day (they have 1h / 24h / 7day percentage markers) and how frequently your trading bot would be making trades (when you look at the coin specific chart).

With all that said, there are no guarantees, and just like buying DNotes... Never invest more than you can afford to lose.


I like the little disclaimer at the end and yes I totally agree with you on that. "Never invest more than you can afford to lose".

Suggestions
These are the exchanges I use on a regular basis. I know its only Mercatox that has DNotes but it would be nice to trade other coins as well with the bot.
  • Poloniex
  • Coinbene
  • SouthExchange
  • Mercatox (when api become available)

I saw both videos. I was also wondering if I can upload those videos to my YouTube channel. I dont have many followers but I'm sure we can get some extra eyeballs Smiley

Thanks for recommending coingecko. Perhaps wiser could make a video showing the trading bot in action. I think it might be difficult to make such a video with the current low volume exchanges available. Hence why I asked if more exchanges will be available in the future.

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January 10, 2019, 02:12:11 PM
 #6175

Hello everyone. I haven't been very active lately. Im back now. Hopefully for a while Smiley
Just wanted to stop by and wish every DNotes community members and the team a very happy new year. Hopefully this will be the year for DNotes to shine above the rest.

Hey BTCWise, good to see you're back, Happy New Year

Thank you very much. Feels good to be back Smiley

Now that I have your attention.
I wanted to find out if there are any plans to add extra exchanges to the DNotes trading bot?

Also, are there any success stories you can share. Would love to know if the bot is worth the effort. Can't afford to squander any crypto right now.

Yep, which ones are you interested in? So far the only suggestion is Binance, it will take a while to add another exchange to the bot.

https://bitcointalk.org/index.php?topic=5084651.new#new

This video is worth a watch if you haven't seen it already. https://www.youtube.com/watch?v=YWXh8tJ35_A

I certainly understand, it is difficult to risk when you have very little spare. Maybe wiser can chime and share how it's working for her.

What I can say is that if the market you chose to trade goes down, and it is outside of your selected trading range to the point where you are no longer making trades, that is the worst case scenario. What that means is you will have bought that coin as it's going down, and you would be stuck "under water" until the price comes back up or you decide to just exit and take the loss. So the safer bet if you have little to risk would be to pick smaller caps with a fairly stable price.

If you use coingecko charts, it's easy to see how much a market is moving in a day (they have 1h / 24h / 7day percentage markers) and how frequently your trading bot would be making trades (when you look at the coin specific chart).

With all that said, there are no guarantees, and just like buying DNotes... Never invest more than you can afford to lose.


I like the little disclaimer at the end and yes I totally agree with you on that. "Never invest more than you can afford to lose".

Suggestions
These are the exchanges I use on a regular basis. I know its only Mercatox that has DNotes but it would be nice to trade other coins as well with the bot.
  • Poloniex
  • Coinbene
  • SouthExchange
  • Mercatox (when api become available)

I saw both videos. I was also wondering if I can upload those videos to my YouTube channel. I dont have many followers but I'm sure we can get some extra eyeballs Smiley

Thanks for recommending coingecko. Perhaps wiser could make a video showing the trading bot in action. I think it might be difficult to make such a video with the current low volume exchanges available. Hence why I asked if more exchanges will be available in the future.


That would be great BTCWise, here are a couple direct links to download them.

https://dnotescoin.com/DNotes%20Trading%20Bot%20Tutorial.mp4

https://dnotescoin.com/DNotes%20Trading%20Bot%20Strategies%20-%20Cryptocurrency%20Trading%20Strategies.mp4


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January 10, 2019, 03:47:03 PM
 #6176

That's a great idea BTCWise.

The more people who see the trading strategies, and who learn about the bot, and DNotes, the better!

I hope you've had a great holiday period, and it's great to have you back.

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January 10, 2019, 07:05:15 PM
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Bitcoin Below $4k, Top 20 Coins See Red

https://dcebrief.com/bitcoin-below-4k-top-20-coins-see-red/
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January 10, 2019, 07:39:54 PM
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It sucks  Undecided And just when I was hoping that the start of 2019 will be better than 2018 Undecided
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January 10, 2019, 07:52:55 PM
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Riksbank Warns Swedes About e-Krona Scams

https://dcebrief.com/riksbank-warns-swedes-about-e-krona-scams/
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January 11, 2019, 12:29:34 AM
 #6180

On a technical level, the bot program works very well. It does exactly what you program it to do. So, once you set up your grid--all the buy prices and sell prices and amounts, the bot program will take care of the rest.

You do have to keep your computer (with the bot) on and connected to the Internet at all times to make sure that when one order fills, the bot replaces it with its complement. So, if you're like me and have your bot set up on a laptop and then actually transport your laptop somewhere, you might want to have it open and connected to your phone wifi hotspot so it doesn't miss a trade en route (ha ha).

You can subscribe to the bot for as little as one week to try it out, so it won't be too much money out of your pocket (around $2.80 worth of DNotes I think). Just know that the bot will go inactive after the subscription period is up until you pay for it again.

My problem right now is that as DNotes warned, my market went south with all my bots at higher prices and I currently don't have funds to add bots at the lower price range. I don't want to remove my higher bots because I want them to be ready if/when the market goes back up again. But I did pretty well, "earning" close to three times what I paid for the bot (I got a month) while the market was in range, so I can't complain. On the bright side, if the market doesn't recover and I don't have funds by the time I need to renew my subscription I'm pretty sure I can just let the bot go inactive for a while until I decide to use it again and it will have all my bots saved and ready to go once I pay again.

I can't make a video of it right now as that would be a new skill for me and I have to prioritize (busy life outside of crypto and all). But if you have any further questions, feel free to post them here or DM me.
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