C-Cex trading value is up, volume low... what's the future of this coin?
Hi minerpage. Welcome to DNotes Forum. C-Cex typically has the lowest volume among the three exchanges DNotes is actively traded on. The other two are Allcoin and Poloniex. Like most of the other altcoins, DNotes has limited liquidity resulting in a price spike, more often than other exchanges with higher volume. I have noticed that a number of times and also noticed that it adjusted fairly quickly.
We do plan on DNotes having a good future. DNotes is managed like a business. We have a very specific strategic plan in building DNotes from ground up as a stable trustworthy digital currency with reliable long term appreciation. We believe in creating fundamental values to support DNotes valuation with a preference to remain under valued verses being priced to perfection. We share our conceptual strategic plans but do not disclose specific details until we deemed appropriate, either at launch time or very closed to it.
In case you missed our recent press release, the following links may give you a better idea of our commitments to give DNotes the best chances to be the digital currency of the future with lasting value:
http://www.ibtimes.co.uk/cryptocurrency-round-bitreserve-launches-bitcoin-gold-standard-draper-wins-auction-1478538
"The biggest mover across all markets was DNotes, the self-described "cryptocurrency of the future". DNotes rose by almost 40% over the last 24 hours to take its market cap above $650,000."
http://bitbillions.net/2014/12/10/altcoin-news-dnotes-vault-launched-to-bring-stability-in-an-uncertain-world/
***************
http://finance.yahoo.com/news/stable-bitcoin-alternative-dnotes-launches-022500001.html
******************************
http://finance.yahoo.com/news/dnotes-cryptocurrency-savings-plans-children-031100966.html
Sounds like a well organized coin... I'm in
Delighted to have your support. Let us know any time we can be of help. Be sure to visit CryptoMoms if you have not already done so. http://cryptomoms.com/forum/index.php?action=recent
To me it looks as if DNotes has been a "Steady as she goes" currency with taking the time to make it valuable in different ways. Especially for instance the cryptomoms. I am pretty new but have taken my time to research a bunch before getting on board with any currency. I have made that leap and truly believe this is the best one out there. I have read the posts about the fire fighters as well and am stoked about that as well. Been in a fire fighting family for years and their work is very valuable, this currency would be great for them as well.
We are delighted to notice that quite a few new supporters have been helping us to spread the message. DNotes real greatness will come about when each and everyone of us try to do a little good for others while helping ourselves. This is a grassroots community effort to shape the future of money for the common people and the financially disadvantaged away from the central control of a few rich and powerful. The decentralized nature of digital currency is such that the actions of the majority always rule.
This is a strategic master stroke. It shows deep understanding of technology adoption life cycle and a lot of strategy related concepts that I had to pay a premium business school to learn. The network effect being gradually created shows excellent execution skills as well. Theory meets implementation.
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
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.
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.