Quote from: Chase on November 29, 2015, 12:02:27 AM

Quote from: Dyna on November 28, 2015, 05:43:57 PM

Quote from: wiser on November 28, 2015, 04:07:54 PM

Quote from: Dyna on November 28, 2015, 03:42:52 PM

Wow! You can now pick-up DNotes for less than 2000 satoshi. If there is a good reason why the price has dropped so much I certain do not know. Free market is based on supply and demand. Along those lines, it means that more DNotes have been put up for sale than there is a demand for them.

DNotes is built as a long term investment beyond just DNotes the currency. We are committed from day one to build a trusted global digital currency for everyone worldwide to participate. It can only be done based on a long term commitment and a lot of hard work. Other than supporting the currency when we can, we have been making significant investment in building our own infrastructure, without asking for any donations from our communities. Many from our communities have contributed in very significant ways to our overall success and we appreciate that very much.

As much it is discouraging to see such a severe price decline, we will stay the course and continue to execute as planned. I have been focusing in writing a book specifically to help small business owners, including women small business owners. This is part of our strategic business plan to introduce DNotes to as many small business owners and their employees as possible. I am very passionate about this and have no doubt that it is the best path for DNotes to be adopted as the medium of exchange. Banking and financial services are changing. This is a massive opportunity for those with a long term view. Technology revolution does not happen overnight. It takes years and decades. There are always challenges confronting early adoption. DNotes is the most proactive in confronting those challenges by building our own ecosystem, including CryptoMoms, DNotesVault, DCEBrief, our family of CRISP and more.

We are also on track to have a for profit company incorporated sometime during the first quarter of next year. As mentioned before, DNotes will own up to 25% of the company. We are planning for our first outside funding to take place at the second half of next year. Additionally, we will officially start promoting our CRISP for Kids, Retirement, Students and Employees beginning next year.

I know that everyone must be quite concerned. It is heartbreaking after all that hard work and what we have accomplished. We do not pump or dump but it has obviously proven that the market charts its own course and short term speculators do not differentiate.

I've noticed other altcoins have also dropped in price, mainly NXT. Sometimes it seems these price swings affect a bunch of altcoins at the same time, so it has little to do with the value of the coins themselves. I wonder if people are dumping in order to get some Christmas shopping in. I'm not selling any of my DNotes. Looking forward to what the future will bring.

Next fell from $14 million, last July to $6.1 million today. It was at $73 million in May 2014. Many other altcoins have done as badly or worse. I am fairly confident that DNotes will be testing the last low of $730,000 (January 2014) and should start recovering from that point. Until the fundamental values can be substantiated by a profitable company, reliable stability is simply not achievable. I was hopeful that investors can see the value of our ecosystem. Perhaps not. But until stability can be contained, mass acceptance of any digital currency is not achievable. We strongly believe that our long term business model is correct and promoting DNotes as a medium of exchange prematurely is not a viable idea. Strategically, we are absolutely on the right track. Those who can see the value in what we are doing will hang on to their DNotes. The rest of them may not be as patience.

DNotes is at the stage in which an investor not familiar with crypto decides they want to invest in DNotes, they really don't care whether the price is 1 cent or 1.5 cents. They want $200+ worth and are thrilled when they get 10 or 20 thousand. Four big buys on a Friday can drive the price up 40% only to fall back down until the next round of investors discover DNotes. We will keep seeing this until the 'steady savers' enter the picture and start using the CRISPs as the long term savings plans they were designed to be. Steady monthly deposits by thousands of people to their CRISP will level this volatility out in a hurry. Only DNotes has this feature.

As time progresses, it will be easier to purchase DNotes, more people will enter the cryptocurrency world, and all of DNotes' works in progress will start making it obvious why DNotes is the most undervalued cryptocurrency there is.

I think Wiser may be right on the Christmas shopping at least for some people. This has happened before where someone decided to sell their DNotes because they needed something, with the intention of buying them back later, only to have the price go way up.

I am very confident we are all doing things right at DNotes!!

Thanks, Chase. It's good that our community can address an obvious concern that must be in the mind of our stakeholders. We will always be responsive and committed to doing what is in the best interest of our stakeholders. Even the best bull market has periods of correction. This is our first major correction. I am looking forward to a great 2016.