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

[TeeGee]

The failure of crypto communities to shunt their coins from the speculative-currency phase to the ‘transactional-volume’ phase has been a tragedy

To be fair, it's because crypto in general is:

1. Almost impossible to understand and use for anyone that isn't a techie;
2. Accepted basically nowhere without cumbersome third party intervention;
3. Too volatile to be used as a store of value;
4. Uninsured against theft or loss;
5. Not sufficiently superior to established systems at anything other than a) instantaneous international transfer (not useful in 99.9% of transactions to everyday folk), b) low-fee transfer of huge volumes of wealth (not useful to 99.9% of everyday folk; also see point 3 above).

Right now crypto is a very poorly implemented solution looking for a problem to solve for everyday people. Until that happens (if ever) it will remain a niche speculative interest.

"Too volatile to be used as a store of value" - In an eight month period in the past year, the Canadian dollar fell 16% against the US dollar.  The US is Canada's biggest trading partner and while the drop may benefit some, it will hurt anyone who's investments were tied to the Canadian dollar.  So called safe investments such as bonds, term deposits, and cash, just saw their purchasing power diminish substantially.  DNotes has had some ups and downs, like any new investment starting out, but as a long term store of value, to date it has been the best I have ever seen.  I stand by my previous prediction that DNotes will be the best performing investment of the decade!

"Uninsured against theft or loss"  -  DNotes has done what no other currency has by offering a guarantee fund for all deposits at DNotes Vault.  Their policy "do what others can't or won't" will be key to DNotes success.

Pushing the listing of the coin on a major exchange will do a thousand times more for usage and interest than any marketing campaign, than any development work, than any linkedin posts..

The push for the exchanges is what every other coin has done, but none of them have made the effort to reach outside of the current crypto community where true success lies.  

Swiss Franc 22% change in one day against the US. Ruble in russia crash lost like 50% of it's value in matter of days. Government backed currencies are only *more* stable, and that is only due to the massive liquidity involved.

[IMZ]

"The failure of crypto communities to shunt their coins from the speculative-currency phase to the ‘transactional-volume’ phase has been a tragedy

To be fair, it's because crypto in general is:

1. Almost impossible to understand and use for anyone that isn't a techie;
2. Accepted basically nowhere without cumbersome third party intervention;
3. Too volatile to be used as a store of value;
4. Uninsured against theft or loss;
5. Not sufficiently superior to established systems at anything other than a) instantaneous international transfer (not useful in 99.9% of transactions to everyday folk), b) low-fee transfer of huge volumes of wealth (not useful to 99.9% of everyday folk; also see point 3 above).

Right now crypto is a very poorly implemented solution looking for a problem to solve for everyday people. Until that happens (if ever) it will remain a niche speculative interest."

Hi, Mochilles! Sigh, I sure do agree with your list. However, it concerns the difficulties that crypto-communities would/will face when they ‘turn outwards’ to the world.

IndiaMikeZulu has worked as community developers on six different cryptos (not counting NOTE); and our experience has not been (and I am reluctant to detail the whys?) that crypto communities tried to take their product to the world, and encountered great difficulty, but that they didn’t take their product to the world.

Except Dnotes, which is arguably the most successful crypto to date; and IMHO, the reason is the strong orientation to The 99%.
Mark

[Dyna]

The failure of crypto communities to shunt their coins from the speculative-currency phase to the ‘transactional-volume’ phase has been a tragedy

To be fair, it's because crypto in general is:

1. Almost impossible to understand and use for anyone that isn't a techie;
2. Accepted basically nowhere without cumbersome third party intervention;
3. Too volatile to be used as a store of value;
4. Uninsured against theft or loss;
5. Not sufficiently superior to established systems at anything other than a) instantaneous international transfer (not useful in 99.9% of transactions to everyday folk), b) low-fee transfer of huge volumes of wealth (not useful to 99.9% of everyday folk; also see point 3 above).

Right now crypto is a very poorly implemented solution looking for a problem to solve for everyday people. Until that happens (if ever) it will remain a niche speculative interest.

"Too volatile to be used as a store of value" - In an eight month period in the past year, the Canadian dollar fell 16% against the US dollar.  The US is Canada's biggest trading partner and while the drop may benefit some, it will hurt anyone who's investments were tied to the Canadian dollar.  So called safe investments such as bonds, term deposits, and cash, just saw their purchasing power diminish substantially.  DNotes has had some ups and downs, like any new investment starting out, but as a long term store of value, to date it has been the best I have ever seen.  I stand by my previous prediction that DNotes will be the best performing investment of the decade!

"Uninsured against theft or loss"  -  DNotes has done what no other currency has by offering a guarantee fund for all deposits at DNotes Vault.  Their policy "do what others can't or won't" will be key to DNotes success.

Pushing the listing of the coin on a major exchange will do a thousand times more for usage and interest than any marketing campaign, than any development work, than any linkedin posts..

The push for the exchanges is what every other coin has done, but none of them have made the effort to reach outside of the current crypto community where true success lies.  

Swiss Franc 22% change in one day against the US. Ruble in russia crash lost like 50% of it's value in matter of days. Government backed currencies are only *more* stable, and that is only due to the massive liquidity involved.

It is extremely important that we remember, DNotes is not yet the solution to the financial problems and challenges confronting so many nations and their citizens. We are working very hard to position DNotes as a viable alternative to help alleviate their hardship in a meaning way. "Our pursuit of the noble mission must always be built upon trust and integrity, genuinely appealing to the poor or the rich and not just the privileged few.

We are building a global medium of exchange and a dependable store of value that shall not perish at the mercy of a few individuals, institutions or nations. As long as we remained truthful to our commitments, without yielding to the inherent greed of mankind, DNotes will be the Digital Currency of the Future With Lasting Value".

Alan Yong
April 29, 2015

[Chase]

The failure of crypto communities to shunt their coins from the speculative-currency phase to the ‘transactional-volume’ phase has been a tragedy

To be fair, it's because crypto in general is:

1. Almost impossible to understand and use for anyone that isn't a techie;
2. Accepted basically nowhere without cumbersome third party intervention;
3. Too volatile to be used as a store of value;
4. Uninsured against theft or loss;
5. Not sufficiently superior to established systems at anything other than a) instantaneous international transfer (not useful in 99.9% of transactions to everyday folk), b) low-fee transfer of huge volumes of wealth (not useful to 99.9% of everyday folk; also see point 3 above).

Right now crypto is a very poorly implemented solution looking for a problem to solve for everyday people. Until that happens (if ever) it will remain a niche speculative interest.

"Too volatile to be used as a store of value" - In an eight month period in the past year, the Canadian dollar fell 16% against the US dollar.  The US is Canada's biggest trading partner and while the drop may benefit some, it will hurt anyone who's investments were tied to the Canadian dollar.  So called safe investments such as bonds, term deposits, and cash, just saw their purchasing power diminish substantially.  DNotes has had some ups and downs, like any new investment starting out, but as a long term store of value, to date it has been the best I have ever seen.  I stand by my previous prediction that DNotes will be the best performing investment of the decade!

"Uninsured against theft or loss"  -  DNotes has done what no other currency has by offering a guarantee fund for all deposits at DNotes Vault.  Their policy "do what others can't or won't" will be key to DNotes success.

Pushing the listing of the coin on a major exchange will do a thousand times more for usage and interest than any marketing campaign, than any development work, than any linkedin posts..

The push for the exchanges is what every other coin has done, but none of them have made the effort to reach outside of the current crypto community where true success lies.  

Swiss Franc 22% change in one day against the US. Ruble in russia crash lost like 50% of it's value in matter of days. Government backed currencies are only *more* stable, and that is only due to the massive liquidity involved.

It is extremely important that we remember, DNotes is not yet the solution to the financial problems and challenges confronting so many nations and their citizens. We are working very hard to position DNotes as a viable alternative to help alleviate their hardship in a meaning way. "Our pursuit of the noble mission must always be built upon trust and integrity, genuinely appealing to the poor or the rich and not just the privileged few.

We are building a global medium of exchange and a dependable store of value that shall not perish at the mercy of a few individuals, institutions or nations. As long as we remained truthful to our commitments, without yielding to the inherent greed of mankind, DNotes will be the Digital Currency of the Future With Lasting Value".

Alan Yong
April 29, 2015

"It is extremely important that we remember, DNotes is not yet the solution to the financial problems and challenges confronting so many nations and their citizens."

It is a good idea to clarify this, as someone joining in without reading the entire conversation may miss the point being made.  When the comment that crypto was  "Too volatile to be used as a store of value", I simply pointed out that DNotes was a better store of value over the past year than the Canadian dollar.  Canada has had a fairly stable economy and managed better than most through the last financial crisis, but it doesn't make it exempt from currency volatility.  And as TeeGee pointed out with the Swiss Franc and Russian Ruble, massive swings in government currencies can happen in days.

[DNotes]

Sweden's Nasdaq Exchange Approves Bitcoin-based ETN

Sweden's Nasdaq exchange has approved a bitcoin-based exchange traded note (ETN), opening up investment in the digital currency to those who do not want to directly purchase and hold bitcoins.

The Bitcoin Tracker One, launched by Stockholm-based XBT Provider AB, which is owned by the KnC Group and is expected to launch on 18th May.

http://www.coindesk.com/swedens-nasdaq-exchange-approves-bitcoin-based-etn/

[Dyna]

Just drop in to say hello. I will be gone all day meeting with different groups.

[SmokeysGardens]

It is extremely important that we remember, DNotes is not yet the solution to the financial problems and challenges confronting so many nations and their citizens. We are working very hard to position DNotes as a viable alternative to help alleviate their hardship in a meaning way. "Our pursuit of the noble mission must always be built upon trust and integrity, genuinely appealing to the poor or the rich and not just the privileged few.

We are building a global medium of exchange and a dependable store of value that shall not perish at the mercy of a few individuals, institutions or nations. As long as we remained truthful to our commitments, without yielding to the inherent greed of mankind, DNotes will be the Digital Currency of the Future With Lasting Value".

Alan Yong
April 29, 2015


[/quote]

This should be printed and hung on my wall. This statement sums up our mission. Well done, my friend.

Smokey

[DNotes]

It is just a matter of time before DNotes focus on strategy and clear path to growth and stability is recognized by the rest of the world.

Goldman and IDG Put $50 Million to Work in a Bitcoin Company

Even as public interest has waned, however, major financial institutions have been quietly but seriously examining the opportunities offered by the technology, and particularly the new financial network that hosts the Bitcoin digital tokens and allows them to be sent around the world securely, cheaply and almost instantly.

...
 “Although Bitcoin and other crypto-currencies are still in the early stages of development, they could gain traction once clear use cases become more established,” the report said.
...

http://www.nytimes.com/2015/04/30/business/dealbook/goldman-and-idg-put-50-million-to-work-in-a-bitcoin-company.html?_r=0

[mafort1469]

It is just a matter of time before DNotes focus on strategy and clear path to growth and stability is recognized by the rest of the world.

Goldman and IDG Put $50 Million to Work in a Bitcoin Company

Even as public interest has waned, however, major financial institutions have been quietly but seriously examining the opportunities offered by the technology, and particularly the new financial network that hosts the Bitcoin digital tokens and allows them to be sent around the world securely, cheaply and almost instantly.

...
 “Although Bitcoin and other crypto-currencies are still in the early stages of development, they could gain traction once clear use cases become more established,” the report said.
...

http://www.nytimes.com/2015/04/30/business/dealbook/goldman-and-idg-put-50-million-to-work-in-a-bitcoin-company.html?_r=0

Yes, also on Yahoo Finance
http://finance.yahoo.com/news/bitcoin-goes-mainstream-174241858.html

And another nail in Apple Pay, “Apple Pay (AAPL) doesn’t do anything for me as a consumer,” he argues. “But if I can transfer bitcoins to somebody else around the world and pay for goods and services, I think they want to be part of that process.”

[theleximus1]

Hi everyone, I just found Dnotes and am doing research on It, Is there anything of great importance about this currency that I should know about.

[RJF]

To DNOTESPOOL:

Stratum won't connect. Cgminer says stratum failure, unknown reason. Connects to other pools. Checked and rechecked setup, all looks good. Tried to email you on the pool, php error, no permission.\

Thanks!

RJF19

[DNotes]

To DNOTESPOOL:

Stratum won't connect. Cgminer says stratum failure, unknown reason. Connects to other pools. Checked and rechecked setup, all looks good. Tried to email you on the pool, php error, no permission.\

Thanks!

RJF19

Sent him an email RJF. The pool has hashrate is it fixed now?

[DNotes]

Hi everyone, I just found Dnotes and am doing research on It, Is there anything of great importance about this currency that I should know about.

Welcome to the DNotes forum theleximus1! There is a lot of information about DNotes here on the forum. You may want to start with our recent press releases posted in the OP:
https://bitcointalk.org/index.php?topic=470155.0

Please feel free to ask any questions or provide any insights you may have while researching DNotes.

[DNotes]

This looks quite interesting. The easier it becomes to trade the more liquidity it may have. Something we will have to keep in mind for DNotes.

Trading bitcoin is about to get a whole lot easier

At a bitcoin conference in New York City on Wednesday, Joe Ventura, AlphaPoint’s founder, revealed plans for a service “that will allow institutions to open one account and get access to 20 exchanges through a router.”

The final product, which is expected to be rolled out in beta in roughly one month, will be geared toward large traders, like hedge funds and proprietary traders, Ventura said.

http://americasmarkets.usatoday.com/2015/04/30/trading-bitcoin-is-about-to-get-a-whole-lot-easier/

[RJF]

To DNOTESPOOL:

Stratum won't connect. Cgminer says stratum failure, unknown reason. Connects to other pools. Checked and rechecked setup, all looks good. Tried to email you on the pool, php error, no permission.\

Thanks!

RJF19

Sent him an email RJF. The pool has hashrate is it fixed now?

Not yet, no hurry. It had hash before. I disconnected to do something else with the PC but was unable to reconnect after, no changes made on my end.

[SmokeysGardens]

Hi everyone, I just found Dnotes and am doing research on It, Is there anything of great importance about this currency that I should know about.

     There are a few things about DNotes that are VERY different from other Digital Currencies. First and foremost is trust. This is something that is lost in today's digital world. Another big one is price stability. Both of these MUST be achieved to be considered a currency. Without either one, it cannot be considered a currency. Another difference is the way we will achieve consumer acceptance. We are starting from the bottom-up, instead of the top-down. We are encouraging everyday folks to learn and sieze on the opportunity that is almost always reserved for the privileged few. Cryptomoms is evidence of that. DNotes Vault is also evidence of that. Even my 76 year old dad is able to use DNotes Vault, even if he does not want to get involved in the exchanges, or online wallets, or any of the other stuff he does not, nor does not want to understand.

     DNotes was conceived and designed from day one very differently. We have the luxury of being able to identify the shortcomings of Bitcoin, and design DNotes to overcome those shortcomings. The more you learn about DNotes and the poeple behind it, the more you realize that DNotes is different than every other currency out there.

Smokey                                           

[CosmicHQ]

Yeah that is what I am seeing with CRISP and which is actually something I have thought about regarding digital currencies and using it to compound interest. There is a lot to talk about indeed 

Welcome to DNotes!

You have certainly come to the right place to integrate crypto into your mission. I've been on your site a few times and I have to say you are doing important work. We all need to insure the digital revolution doesn't pass over those who can benefit the most like many new technologies have. You will find everyone here ready and willing to assist...

RJF
Director of CRISP for Retirement

Yeah I will keep you updated and refreshed about what is going on with Cosmic HQ because I know what we are doing now and what will be happening in the future will be of interest to you from the point of view that it will be a contact point for you to exert your own goals

Hi Cosmic HQ. Thanks for visiting. I am glad you understand that as much as we help to manage DNotes as a business, no one controls DNotes as a business. I was just reminded by an email someone sent to me from Hong Kong saying that they have been trading DNotes in a Number of Exchanges that I have never heard of. Bitcoin did not build their ecosystem or provide them the funding. When there is money to be made all kinds of people will want to take the chances. Our job is to build the most important part of the infrastructure and others will continue as long as they believe that there is good money to be made.

I have been getting emails all day long from people all over the world taking a very serious look at DNotes. It is not an over statement to say that DNotes is becoming the rising star. Once we are at the next level a lot of things we had wished for will become a reality. The Chicago meeting has been confirmed to be held on Tuesday May 12, 2015. At least from my world, things are moving fast and furious. The last thing I need to worry about is getting listed on Cryptsy, but out community should any efforts to do so.

Oops. 5 more emails just came in during the time it took me to write this post. About 8 minutes. I no longer have tome to even edit.

Take care. Will drop in again when I have a chance.

Hey I get the picture. I will keep you updated on what is going on with us so you know about it and will have it in mind.

[qiwoman2]

I know DNOTES is the no1 Currency for savings plans aka CRISPS but will it ever go into the hedge fund type scene? Are you looking to create something of this sort? That would also attract another type of long saving Clientele too. Also HAPPY MAY DAY AROUND THE WORLD. 

[DNotes]

I know DNOTES is the no1 Currency for savings plans aka CRISPS but will it ever go into the hedge fund type scene? Are you looking to create something of this sort? That would also attract another type of long saving Clientele too. Also HAPPY MAY DAY AROUND THE WORLD. 

Hi qiwoman, an investment vehicle outside of the exchanges will be helpful for traders who aren't involved in the cryptocurrency space in the shorter term.

[Chase]

It is just a matter of time before DNotes focus on strategy and clear path to growth and stability is recognized by the rest of the world.

Goldman and IDG Put $50 Million to Work in a Bitcoin Company

Even as public interest has waned, however, major financial institutions have been quietly but seriously examining the opportunities offered by the technology, and particularly the new financial network that hosts the Bitcoin digital tokens and allows them to be sent around the world securely, cheaply and almost instantly.

...
 “Although Bitcoin and other crypto-currencies are still in the early stages of development, they could gain traction once clear use cases become more established,” the report said.
...

http://www.nytimes.com/2015/04/30/business/dealbook/goldman-and-idg-put-50-million-to-work-in-a-bitcoin-company.html?_r=0

On top of all the other reasons that it is a smart move for major banks to get involved in digital currency, it may also be the only way they can improve shareholder returns in the upcoming years.