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.
No concern here, I certainly wouldn't sell any of mine, I just see an opportunity to buy! It would only take like... 2 btc and the price would be back at 4000 satoshi. I would purchase all that if I could!
The value of the various web properties created is definitely not factored into the price of DNotes, and that shouldn't really be a surprise - DNotes has not yet pushed to become a mainstream currency, and has not yet enjoyed the hysteria and growth associated with a successful marketing push one could expect to accompany such a plan (with funding). The web-properties however, will serve an important function in advertising the benefits of DNotes over other digital payment mediums at the most opportune time. As per usual, the selling is probably just a bot that needs to be reckoned with, and there is no point in feeding it. For now, DNotes is a speculative asset, and as such, it is much better for sellers to transfer their DNotes into the hands of others who will value them longer-term.
Build the infrastructure before it is needed, not after it is announced in the media you have been given funding - while everybody is wondering who you are, and what you're going to do just because you raised $xyz.
Thanks for your support and confidence. I know that you have a big presentation coming up in a week. We know that you will represent DNotes well and are proud that you will be a speaker among some big names. It will be great if they can make a video available. Good luck.
DNotes should be fine over the longer term. We know that we are doing all the right things. I agree that at this point anyone looking at DNotes by itself, like Bitcoin and all other altcoins, it is just a speculative asset. It is precisely because of that, we decided that it must be supported with its own ecosystem in the form of a for profit company. As much as it is disappointing to see the price dropped so much for no known reasons, it is proving our point that we are on the right track. Over the long run the value of the currency must be supported by fundamental values.