[ANN][NOTE]DNotes - Celebrating DNotes 3rd Birthday - Forum Now Open

[RJF]

I just know from start to finish this project is the most worth while, one year and ticking with growth that makes the banks shudder and always someone to talk to on the forum ...I started mining this with 1 partner and then added my uncle with my friend ..to then incorporate my father and have tried to get many others to read and realize the potential of the current Devs of this coin and to look back on how much garbage has come out of crypto and see the light of the next Bitcoin (Dnotes) and realize there is a new future here.. now get the hash rate up and make lite coin quake,do your part to make others realize what the future is and the potential growth this offers. STOP looking to just make a quick profit and make a REAL future investment in a vehicle that might actually make it to the destination with YOU helping to drive it there. Thanks for reading my post and in a world running thin on faith just push a little harder for this one and never say I give up.... Eric

Great post Eric, thank you!

DNotes stands out in the crypto world and will certainly achieve it's goals if we continue to support and contribute to that growth. Like you I truly believe in the project and can see a day when DNotes is well known world wide. If other coins adopted the same values and focused on long term adoption, the whole crypto world would take a giant step forward!

 

[Chase]

I have just recently started collecting Dnotes with the intention of keeping them long term. It's only been a couple of months since I started to stockpile note. I find the idea of encouraging people to see their Dnotes as a long term investment interesting. It seems to me that other cryptocurrencies have less direction and a lot of people are just trying to cash in which is increasing their volatility. I see the recent drop in Bitcoin value as one indication of that. But I have become concerned that the developers are relying too heavily on the community. By that I mean that the more Dnotes are held by long term investors the more stable they appear to be, but there is still potentially the risk of people dumping their coins when the value increases sufficiently.

I don't mean to sound skeptical, I was just wondering what other firm plans do the devs have to get Dnotes into the mainstream as a useable currency that can allow for everyday transactions through online stores/vendors/other payment systems? I think that being able to use Dnotes in the same way as current payment methods for transferring fiat currency is going to be a very important part of building a platform that people can trust.

Hi DsoldD,

It's nice to hear from you.  This is an excerpt of a conversation from Dec. 21, which may help a bit:

posted by minerpage:
Still, every long term coin strategy needs an economic model to survive the initial excitement. I've seen many coins do well until the highly anticipated spike and the following selloff... at which point the coin is practically dead in the water... speculation can be good to get a market position, but needs to be sustained with economic activities (buying and selling goods with the coin) so I would think a payment gateway is pretty essential early in the game... the sooner the better... am looking for that model with this coin  

posted by keemo:
Agreed about the need for an economic model. However, prior to that a largely, diversified critical mass of owners is needed. The composition of this owner base is critical to prevent liquidation of large amounts of DNotes. I see they are addressing this issue on a sustained basis and painstakingly. This leads to an upward sloping curve (due to value addition by adding number of properties like cryptomoms, dnotesvault etc) while preventing a collapse. Payment gateway is not a technology solution but a social/business/economic solution that will work only with a currency that has shown price stability with an upward drift and low volatility. They are painstaking seem to be avoiding all things that can trip them up. It is indeed very strategic because the outcomes they want is truly a function of time (survival) and if they can guarantee survival, merchant adoption etc. will come of their own accord.

posted by Dyna:
This is an exceptional post, demonstrating a high level of understanding of DNotes core objectives and strategic directions. Bingo “diversified critical mass of owners is needed” Why is this important? ….. “The composition of this owner base is critical to prevent liquidation of large amounts of DNotes. I see they are addressing this issue on a sustained basis and painstakingly.”

Yes, this is a key component of our stability model. …… “This leads to an upward sloping curve (due to value addition by adding a number of properties like cryptomoms, dnotesvault etc) while preventing a collapse.” Our good whales are somewhat like first responders acting as defensive linemen to prevent a collapse as well to minimize unsustainable upward spikes. However, it is the collective action of the large majority of our stakeholders that keep DNotes price stable. Through consistent and clear messaging majority of DNotes stakeholders are net buyers, starting with a small stash and adding to it for the long term. Our family of CR.I.S.Ps. will take this to next level, making DNotes even more stable.

“Payment gateway is not a technology solution but a social/business/economic solution that will work only with a currency that has shown price stability with an upward drift and low volatility. They are painstaking seem to be avoiding all things that can trip them up. It is indeed very strategic because the outcomes they want is truly a function of time (survival) and if they can guarantee survival, merchant adoption etc. will come of their own accord.” Well said. No further comments needed.

Welcome to DNotes DsoldD. I am working on a number of important projects and did not plan on making my daily post till the end of the day. However, recognizing that the points you raised are not just valid but of critical importance, I feel you deserve an earlier response.


DNotes is like a loaf of bread that is still in the making, typical of just about any business at the formative stage. When it is still in the form of bread dough, it doesn’t look like a loaf of bread or taste as good. DNotesVault, CryptoMoms, and our family of digital savings plans are somewhat like trying to invite interested parties to get together while the bread is being made and baked. In the mean time, it gives us the opportunity to enlighten them as to why our bread is unique and special, worthy of their consideration to be part of the DNotes family. This is almost the equivalent of building a customer base before launching a product.

Mass merchant adoption of DNotes is one of our most important strategic objectives. Essentially, there are two different approaches. Aggressively push as many merchants to sign up to accept DNotes worldwide, and promote the numbers aggressively and hope that everything else will fall in place. We believe that this is a faulty approach but it is significantly easier to execute, consequently, most common in our industry. In marketing this is known as the “push” approach.

DNotes will not pick the easiest route or the fastest way to get something done for the sake of pumping up the price of DNotes. It makes sense when we are committed for the long term. If we are not selling today or over the near term, the higher price than what it already is does not matter as much. What is most important to us is price stability and reliable long term appreciation. I am repeating “stability” and “appreciation” because they are among the most important components in mass merchant adoption of DNotes, and highly desirable for CR.I.S.Ps. to be successful.

DNotes is confident that it is more prudent and strategically sound to deploy the “pull approach” in marketing DNotes to merchant accounts.  This is much more difficult and time consuming. Under this approach you create the most favorable conditions and establish a relationship with your target, to the extend, that the product (DNotes) sells itself. Interesting, but how do we get the merchants to come to us, saying that they want to add DNotes as a form of payment for their products and services? We may already have the solutions waiting to be executed.

What if we happened to have an insider or a number of insiders who are DNotes stakeholders, possibly including the business owner? That is one of many reasons why the combination of DNotesVault and our family of CR.I.S.Ps may be the most powerful combinations in our pursuit of mass consumer and merchant adoption of DNotes. Wait, that alone will not be sufficient. Proven stability and reliable long term appreciation must be part of the package, but that will not happen without trust and integrity. We want our merchants not to immediately cash in their DNotes in fear of currency loss. Is that why the price of Bitcoin is on a free fall again? Perhaps a typical 40% increase from Christmas season revenue may have some thing to do with it.  

I can make it sounds real simple but it’s not that simple. Think of it as any your favorite competition where a panel of judges rate the contestants based on six categories. A perfect 10/10 in one or more but 6/10 or less in others is not likely for one to come home with a medal. This is a serious problem in our industry. There is a serious lacking in delivering a complete package with deeply informed and capable leadership.

January 4, 2015

This was a conversation that ensued following a question from DsoldD.

I don't mean to sound skeptical, I was just wondering what other firm plans do the devs have to get Dnotes into the mainstream as a useable currency that can allow for everyday transactions through online stores/vendors/other payment systems?

[MarriedWithChildren]

Retirement tip -

Don't touch your retirement savings unless it's a matter of life and death.  Granite countertops and stainless steel appliances don't count as life and death purchases.

If you withdraw from a retirement account you will lose the principal and all the future interest payments on that principal. You will also have to pay income tax on the withdrawal.

[DNotes]

It has been a great day. Thanks for being so supportive and a real inspiration to all of us. It makes all the hard work well worth it.

Happy Birth DNotes!!! And ten thousand more to come.

Agreed. Thank you everyone!

[DNotes]

I just know from start to finish this project is the most worth while, one year and ticking with growth that makes the banks shudder and always someone to talk to on the forum ...I started mining this with 1 partner and then added my uncle with my friend ..to then incorporate my father and have tried to get many others to read and realize the potential of the current Devs of this coin and to look back on how much garbage has come out of crypto and see the light of the next Bitcoin (Dnotes) and realize there is a new future here.. now get the hash rate up and make lite coin quake,do your part to make others realize what the future is and the potential growth this offers. STOP looking to just make a quick profit and make a REAL future investment in a vehicle that might actually make it to the destination with YOU helping to drive it there. Thanks for reading my post and in a world running thin on faith just push a little harder for this one and never say I give up.... Eric

Great post Eric, thank you!

DNotes stands out in the crypto world and will certainly achieve it's goals if we continue to support and contribute to that growth. Like you I truly believe in the project and can see a day when DNotes is well known world wide. If other coins adopted the same values and focused on long term adoption, the whole crypto world would take a giant step forward!

 

Thanks Eric, indeed another great post! It is up to everyone to make sure DNotes is successful, and every bit helps. Even sharing your story for others to see get inspiration from helps.

[Chase]

Retirement tip -

Don't touch your retirement savings unless it's a matter of life and death.  Granite countertops and stainless steel appliances don't count as life and death purchases.

If you withdraw from a retirement account you will lose the principal and all the future interest payments on that principal. You will also have to pay income tax on the withdrawal.

Great tip!  It's very hard to make up the shortfall once you start withdrawing.  Thank you, MarriedWithChildren.

[DNotes]

Happy birthday DNotes. It's hard to believe that just over one year ago today, I was losing hair trying to find a stable altcoin to mine. Sure making money by inadvertently investing in pump and dump schemes can be easy, but it gives the whole industry a black eye. Then like a single ray of sun on a cloudy day, there was DNotes.

My digital currency venture began in 2013 after missing a huge profit in Bitcoin, on a small investment. I first heard about Bitcoin from a co-worker while I was still firefighting. At first I didn't get the concept, and mocked it repeatedly because, "it had to be a ponzi scheme". But after seeing how much the price went up, I decided to gamble some of my savings. With very little knowledge, I started trading prior to the Mt. Gox bot induced price spike. Feeling pretty confident from my smart (100% luck) investment, I decided to research the industry more.

When I first found Altcoins, the same thing went through my head every time, "imagine if that were worth as much as Bitcoin". Litecoin was the first cryptocurrency I ever mined, and my first GPU rig ran at a mere 150 kh/s. I switched to Feathercoin next, because it was slightly more profitable. From then until the launch of DNotes, I mined probably over 100 different currencies. Devoting resources to untrustworthy investments was a big mistake, because 95% of those currencies are now worthless.

Two months after coming across DNotes, I founded Fire Fighters for Digital Currency (FF4DC). FF4DC is a Non Profit organization, intended to raise digital currency awareness in the firefighter community, and help their organizations prosper. There were 5 currencies I inteded to support, which appeared to be in this for the right reasons. However, there was only one that had any intention of supporting my cause, and that was DNotes. All the help and advice they have provided me has been invaluable.

It's a huge honor to have been named Director of CR.I.S.P. for Charity. I've started doing some leg work, targeting Veterans and Firefighter organizations, on behalf of CR.I.S.P. for Charity and V4DC/FF4DC. We have had some interest, and are in the process of forming key partnerships that will help make CR.I.S.P. for Charity a success. Being the last CR.I.S.P. to launch is a huge advantage, because the previously launched programs will have done a lot of the necessary groundwork. I have some interesting ideas on how the CR.I.S.P. programs, V4DC and FF4DC can work in conjunction with each other, and will be in touch with the other directors over the next couple days.

Cheers to one year, and a great open house!

Thank you CryptoBroker79, we are proud to have you and will help in any way we can!

[wiser]

Happy Birthday, D-Notes! There's a lot to like about this coin. I'm enjoying mining it and putting some away in my children's CRISP plans. May the second year be even better than the first!

[CryptoBroker79]

Fire Fighters for Digital Currency and Veterans for Digital Currency have both been updated to include a page that features the latest CR.I.S.P. programs.

http://ff4dc.com/crisp.html

http://v4dc.com/crisp.html

[MinermanNC]

Fire Fighters for Digital Currency and Veterans for Digital Currency have both been updated to include a page that features the latest CR.I.S.P. programs.

http://ff4dc.com/crisp.html

http://v4dc.com/crisp.html

Just checked out both sites, very nice!

[CryptoBroker79]

Fire Fighters for Digital Currency and Veterans for Digital Currency have both been updated to include a page that features the latest CR.I.S.P. programs.

http://ff4dc.com/crisp.html

http://v4dc.com/crisp.html

Just checked out both sites, very nice!

Thanks! CR.I.S.P. for Retirement is very important for Veterans and Firefighters as pension plans have been crumbling for years.

[Chase]

I posted this on the CryptoMoms Retirement thread on August 16, 2014.

***************************************************************


In order to accumulate the huge sum of money needed to fund a retirement, it is recommended that everyone has 5 - 10% of their portfolio in alternative investments.  These types of investments, while riskier, typically yield a much higher rate of return.  Alternative investments can include such things as real estate, gold, silver, and other commodities as well as more sophisticated investments like hedge funds.  The latest investment to be added to this list is cryptocurrency, and starting even a small CR.I.S.P. (Cryptocurrency Investment Savings Plan) now has the potential to partially or completely fund your retirement.

Most government pension plans today are unsustainable and drastic changes will have to be made to them.  Every person should have a back up plan and additional long term investments.  Here is an article on making Bitcoin part of your retirement plan and if I could change the title, it would read "Bitcoin and DNotes":

"Bitcoin for a Booming Retirement" - http://bitcoinwarrior.net/2014/08/bitcoin-booming-retirement/

[mafort1469]

Happy Birthday DNotes! I am so thankful to Chase for bringing me into DNotes!!! The year 2015 will be of major significance for DNotes and the CR.I.S.P. family of programs. Very exciting!

[Dyna]

Fire Fighters for Digital Currency and Veterans for Digital Currency have both been updated to include a page that features the latest CR.I.S.P. programs.

http://ff4dc.com/crisp.html

http://v4dc.com/crisp.html

Just checked out both sites, very nice!

Thanks! CR.I.S.P. for Retirement is very important for Veterans and Firefighters as pension plans have been crumbling for years.

You are correct. CRISP For Retirement will have very broad appeal. We may need a whole year to demonstrate that it is worthy of being the preferred choice of any well balanced investment portfolio that includes a high risk component to capture potential high returns. Once it becomes popular it will be one of the many contributors to DNotes stability. Again our major focus is to work with small business owners to supplement their underfunded retirement while introducing them to become DNotes stakeholders. There are other projects I am working on that will give us a foot in the door. This will be a very interesting year and we need a lot of help to get the message out.

[Chase]

Happy Birthday, D-Notes! There's a lot to like about this coin. I'm enjoying mining it and putting some away in my children's CRISP plans. May the second year be even better than the first!

Hi Wiser,

I think you are right about the second year being even better than the first.  When your children are spending DNotes from their CR.I.S.P. as their only currency, they will probably look back at this time the same way we look back at the horse and buggy days!

[Chase]

Happy Birthday DNotes! I am so thankful to Chase for bringing me into DNotes!!! The year 2015 will be of major significance for DNotes and the CR.I.S.P. family of programs. Very exciting!

I have to give credit where credit is due.  It was a family effort (DNotes family) and I was just the messenger.  The DNotesVault made it so easy to reach out to people, give them some DNotes, and see why we are so excited about them.  DNotesVault is a very important asset and I don't think it can be replicated.

This has been a great day!

           

[Dyna]

Happy Birthday DNotes! I am so thankful to Chase for bringing me into DNotes!!! The year 2015 will be of major significance for DNotes and the CR.I.S.P. family of programs. Very exciting!

I have to give credit where credit is due.  It was a family effort (DNotes family) and I was just the messenger.  The DNotesVault made it so easy to reach out to people, give them some DNotes, and see why we are so excited about them.  DNotesVault is a very important asset and I don't think it can be replicated.

This has been a great day!

           

A big thank you to Chase! It has indeed been a great day. We should be getting more press coverage tomorrow and looking forward to another great day.

DNotesVault is not easy to replicate because of the strategic positioning and commitments behind it. It is just the tip of the iceberg, the first of many more building blocks to come.

[MinermanNC]

Hey Dyna, I just sent you a PM....

THX

[Dyna]

Hey Dyna, I just sent you a PM....

THX

Thanks, MinermanNC. PM reply sent. Don't worry. Should not be a concern.

[Jonathan Kronkhite]

What an amazing project this is. In the stormy sea that is crypto, this is a ray of light. Happy Birthday DNotes, may you have many more!