I see it a bit differently. I don't mine for the short term, I mine for the long term. Even if the coin/value/power cost ratios are upside down, if I have determined a particular currency, like DNotes, will greatly increase in value in the long run, I'll mine it. Yes, sometimes it's cheaper to just buy it but, that doesn't help the coin or it's perception of value to the public and interested investors. If I choose to invest, I also choose to help out. One way to do that is by mining.

I have investigated many coins over the last several years and the first place I go are the forums. I can't tell you how many potential investments I have turned away from by scanning a forum. Yes, I know there is a lot of BS but, there is also a lot of truth. Constant complaints about stuck blockchains and lack of miners is an immediate signal to move on. The only way to keep a POW coin healthy is to mine it. And as for POS, the jury is still out but, most people are admitting pure POS is unsustainable in the long run. Various versions and hybrids of POW/POS are being tried but, as I said, no verdict yet.

So, if you can hang in there great! You will be glad you did in the future. If no, no problem, I know what its like to scramble to pay the bills, no shame there.

Sour grapes. He didn't get his way so he took his toys and went home. No great loss. Life goes on without him...

All markets are fundamentally alike. Do we all still drive Ford Model T cars? After the ground breaker has had some success, the innovators come out of the woods, happens all the time, everywhere. If you build a better mouse trap....

Bitcoin is exactly like the Model T. It's not the first but, it is the first SUCCESSFUL crypto.  Some people innitially saw both as a threat, some saw them as a amazing opportunity to change the future. Human nature will always trump the statistics and predictions, on both sides of any issue. Crypto, in some form, will always be with us far into the future. DNotes could well be the replacement for the Model T.

I found it to be an emotional opinion from someone who clearly feels cheated. One man's opinion I suppose but, still good reading. As with most things in the tech world that have developed a following, Bitcoin and the underlying technology will continue on without him.

You should be glad you have him involved, otherwise, these coins would be long dead...

Use of computers by prison inmates is allowed in many places... 
 

Paul Vernon: "This worked fine for awhile, as profits decreased due to low volume and low Bitcoin prices, we would adjust our spending accordingly.  It wasn’t until an article from Coinfire came out that contained many false accusations that things began to crumble.   The article basically caused a bank-run, and since we only had so much in reserves for those currencies problems began."
 
Other than the obvious mismanagement, which, in reality, a LOT of businesses in the same position would have done, the statement above about "Coinfire" is key to a rampant problem in the industry, irresponsible reporting. Some people think "freedom of the press" means you can publish anything you want, accuse anyone of anything and, outright lie to the public without consequence. Nothing could be further from the truth especially in a new industry where why too much illegal activity already exists. The Press has a RESPONSIBILITY and a legal mandate to report ONLY the truth. Truth meaning well researched FACTS supported by proven events and publicly available information. It is NOT their job to ruin businesses and peoples lives for the sake of headlines and self gratification oh, and money, there's always the money.

And to make matters worse, since so little real content/information is available, ever article and statement has the instant ability to go viral. No chance to make corrections or pull an article, it's already global right after penning the last sentence. I'm sure (?) as the industry matures this will be better controlled and some sense of responsibility will overtake the "wild west" attitude of our fringe press but, even the traditional news sources would sacrifice honesty and accuracy for ratings so, I suppose it's up to us to communicate the truth. Sad.

So, in a way, Cryptsy was the victim here in more ways than one. The thing I still have trouble understanding is Paul's silence. He didn't have to reveal everything, hell, he didn't have to reveal ANYTHING, all he had to do was to communicate, to reassure customers, to say "We're working on it, sorry for the inconvenience" This alone would have softened the blow when the truth was revealed, perhaps enough to allow them to continue operations with their customer's help and understanding instead of angst and mistrust.

To ALL you new crypto businesses out there I say this: COMMUNICATE!  No matter what the problem, no matter how bleak the outcome may be, your fault or not, TELL YOUR CUSTOMERS SOMETHING! When I was in the the Internet Provider business we had one solid rule that was unbreakable: "talk to the customer, we all work for them."

You are correct, there will be many, some successful, some not. DNotes will succeed. DNotes has always had a plan and, they stick to it and, it's a plan for the success of all involved, that's what makes NOTE different. There are more committed, intelligent, experienced and capable people behind DNotes than almost all other offerings in the crypto-sphere.  All I'm saying is to not put all your trust in John's conclusions... On anything!

Unfortunately, or fortunately, however you look at it, John's mind has gone south for the duration. Several incidents in Belize have pushed him over the edge although he was always ON the edge. I met him once, quite an interesting character but, perhaps a padded room awaits him in the future. Not saying he is right or wrong but, consider the source.

Tough love is real love. We do a disservice to our children if we don't treat them the same as other employees in this situation. Glad it turned out well!

 

No better advise than this has ever been given! Amen...

Meh... Same old crap, different day...

Got a whole bunch of these from 2014. Still good?

Any nodes? Nothing to sync wallet with...

FYI: Having exact same problem with 0.3.7  Repair does not seem to correct it. When I have some time, I'll get the files to you...

I understand there is a nasty divorce and gag orders involved in the mystery why Vernon has not spoken out. Even so, it's shaky at best...

No one can say they weren't warned that this would end badly...

No one can withdrawal ANYTHING from Cryptsy at the moment, all wallets off line until further notice. Not a Cloak problem.

Without doubt. Be nice to get in on the "ground floor" if they check out. CryptoCapital appears to be the parent:

https://cryptocapital.co/  &   https://cryptocapital.co/exchanges.html

New Exchange:

https://1ex.trade/index.php

They are looking for stable coins to add, any interest in adding DNotes?

"We are pleased to announce that 1EX.TRADE is open for trading. Today on the 8th of January 2016 is a new mile stone been set for 1EX.TRADE. After months of development and testing we have completed all and are now fully operational. Over the next few days / weeks more and more coins will follow. Only verified or old stable coins will be listed. Multi currency functionality where the trader can set his own market. Direct bank link for withdraw and deposit fiat currencies. We hope you all like the new exchange and start trading with 1EX.TRADE

Regards
The 1EX.TRADE Team"