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Topic: Altcoin staking - the new way to get altcoins and stay in the game (Read 10039 times)

legendary
Activity: 1652
Merit: 1007
DMD Diamond Making Money 4+ years! Join us!
The big DMD Cloudmining Promotion Event!
take part here
https://bit.diamonds/community/index.php/topic,148.msg1080.html#msg1080






(Actual auction 1 DMD Private Reactor Key each day goes to the highest bidder on DMD Cloudmining shares)



There are only 30 keys being auctioned.
Grab the chance to win one of the Private R-Keys!

What will I get if I win an auction?
- DMD Cloudmining Shares; where 1 share is equivalent of 1$ value in BTC of your winning bid
- A Private Reactor Key; Double Stake Boosted 1000DMD capacity address for 12 months

What is a DMD Private Reactor Key?
DMD Private Reactor Key or Private R-Key for short, is an address that can store 1000 DMD in one coin pile (a single transaction).
For 12 months these coins will stake at twice (x2) the base stake rate. So, the base 25% p.a. is boosted to 50% p.a. which translates into extra 250 DMD per year.
Simply put, it’s doubled income!

What are the rules of the auction?
Each auction runs for 24h.
Each day, bids can be increased up until 24:00 CET after that the next auction starts.
The minimum bid amount is 0.15 BTC.
The minimum raise amount is 0.05 BTC higher than last bid. (The bid must already be placed.)
You can bid on any of the days in advance. If it’s Monday, you could place your bid for Friday’s auction. Also, if you were outbid on any of the days, your base bid amount is automatically moved to the next day’s auction. 
To place your bid make a post in this thread with the amount of BTC you pledge.
Once you win an auction you will be contacted via PM with detailed instructions of how to claim your boost, use your Private R-Key and Cloudmining shares.


Quote
what u get if u win auction u get the DMD Cloudmining shares 1 share for each 1$ value of BTC contributed of ur winning bid
AND a private reactor key!

what is a DMD private reactor key:

its a address that can store 1000 DMD send into it with a single transaction
and for the next 12 month this coins will stake with stakerate x2 (yes double stake income!)
so in fact win one auction will grant u free 250 DMD over the next 12 months
(a bit more if u consider we have now a globals stakeboost that stacks with private reactor until 19th july)

to make i easyer and less work we will manage the bids for 7 days
so u can bid for days in advance too
for each day people can increase their bid until 24:00 CET that date
(minimum bid  bid is 0.15 BTC minimum raise of a day with a bid already is 0.05 btc higher than last bid)
when u place a bid write  amount example 0.25BTC as a reply in this thread
ur bid will be used for today if its higher than actual bid if not it will be used for a follow up day and all other lower bids fall a day backwards
once u won a day i send ya a PM with further instructions how u can claim and use ur bounty key and buy ur shares

Bids will ONLY be done in this thread:
https://bit.diamonds/community/index.php/topic,148.msg1080.html#msg1080


legendary
Activity: 1652
Merit: 1007
DMD Diamond Making Money 4+ years! Join us!

Dear Diamond Community,

Thank you for your patience and understanding. Software development yet again proved to be a lengthy and complicated process, but we are finally releasing the new instalment of our beloved DMD Diamond wallet. As this long awaited release is now out, we set our goals and aspirations to delivering you Diamond 3.0 in the coming months. But for now, we hope you’ll enjoy this new software as much as we do.

And of course this release is also dedicated to all those who are holders of Legendary 10 Unique Cypto Assets. Their investment helped to push the sails of DMD Diamond ship to the new seas of opportunity and development. It’s the dawn of the Legends!

This release packs several exciting improvements:

- The bug that allowed for sending transactions in ‘unlocked for minting’ mode has been fixed. Now you need to enter a password each time you want to send coins.
However, as a known side effect of the fix, when unlocking the wallet in ‘unlocked for minting’ mode the lock button icon will stay "locked" at all times. If you press the unlock button the second time it would act correctly and will lock the wallet.
- Group stake trigger value increased from 100DMD to 150DMD which allows minting more old small coin piles faster.
- Scrape address functionality has been added (it allows setting up a target address for PoS rewards). A new target address (can be allocated separately to each address) can be set in GUI under the Receive Coins tab. It can be changed by double clicking on scrape address column. Please mind that if you change scrape addresses you need to restart the wallet for the changes to take effect.
- Stake Boost code implemented for Legendary 10 addresses and time limited promotion addresses which would go active on Tuesday 15 May 2016 12:00:00 UTC.
- PoW coin support share (0.01 DMD each block) has been removed and replaced with a coin support stake boosted address for similar effect.
- Automated coin selection for TX and minting, additional input is optimized for optimal utilisation of coin age.
- The code to enable same mining behaviour as [GRS] GroestlCoin was implemented but set to inactive due to community feedback and our long term fundamental developmental shift planned for DMD Diamond 3.0.
- The estimated ‘time to mint’ tool tip has been removed.
- Updated wallet version to 2.1.0.1.
- Newest OpenSSL has been used.

 
Please note that this update is mandatory with the fork date set to 15 May 2016 or more precisely everyone should update before block 1549200.
Please see Block Explorer for the current block height: https://chainz.cryptoid.info/dmd/

MINING POOLS: You need to adapt your pool software and remove coin support share after block 1549200.

LEGENDARY 10 holders: Please do not start minting before 16th May. After that date glorious days lay ahead and you can finally enjoy the boosted staking.
 
Source: https://github.com/DMDcoin/Diamond
Windows QT: https://github.com/DMDcoin/Diamond/releases/download/Diamond2101/diamond-qt-2101.zip


Enjoy!
legendary
Activity: 1218
Merit: 1002
Supporting DMD, ERC & PIO
DMD has done the hard work to make it highly desireable.
legendary
Activity: 1652
Merit: 1007
DMD Diamond Making Money 4+ years! Join us!
compared to a year ago DMD has doubled in price, $ vise
and in that time frame people enjoyed 50% POS so in fact they almost quadrupled the value of their investment

16.02.2015 100 DMD = 15$
16.02.2016 they did become 150 DMD by POS = 48$

15$  -> 48$ = 320% value gain in one year!


sr. member
Activity: 289
Merit: 250
DMD Diamond Auction closed, 8 legendary addresses sold.

Flycoin team seems to be preparing something interesting as well.

For more info, follow FLY thread, here is the link:

https://bitcointalksearch.org/topic/fly-coin-annswapping-to-las-vegascoinmasternodesdarksendstealth-instantx-1316737





Nice idea; FLY already uses a "SUPERFLY" reward system which pays staking dividends to users holding between 100 and 5000 coins, at absolutely no cost to users.  Modest requirements to be "eligible" for the rewards.

Additionally, XDE2 has a very few "special" wallets that have high staking rates:  https://bitcointalksearch.org/topic/annxde-ii-coinnow-300-pos-for-a-few-months-4hr-min-stake-only-100k-coins-1310435
legendary
Activity: 1652
Merit: 1007
DMD Diamond Making Money 4+ years! Join us!
DMD Diamond Auction closed, 8 legendary addresses sold.

Flycoin team seems to be preparing something interesting as well.

For more info, follow FLY thread, here is the link:

https://bitcointalksearch.org/topic/fly-coin-annswapping-to-las-vegascoinmasternodesdarksendstealth-instantx-1316737



legendary
Activity: 1652
Merit: 1007
DMD Diamond Making Money 4+ years! Join us!
legendary
Activity: 1652
Merit: 1007
DMD Diamond Making Money 4+ years! Join us!
6 out of 10 legendary staking addresses have been sold or received bids. 4 more to go with one being reserved. I suggest you take a look into this, only 5 days to go and there will be no other auction like this. This is a unique opportunity to grab a very nice crypto asset.

http://bit.diamonds/auction.html
legendary
Activity: 1652
Merit: 1007
DMD Diamond Making Money 4+ years! Join us!
Phase 3 of the auction is open, 3 Legendary addresses have found their owners so far.

If you would like to talk to a HONEST crypto development team and invest into a legit and scam free project, stop by to our Bitcointalk thread and talk to our community. After all, what do you have to lose.

Here is the link: https://bitcointalk.org/index.php?topic=580725.new;topicseen#new
hero member
Activity: 736
Merit: 500
What do you think about Peercoin? It is the oldest one with PoS, isn't it?
Peercoin is nice and established.
1% annual stake, buy on lows and stake until high price then sell your stakes.

IW
newbie
Activity: 28
Merit: 0
What do you think about Peercoin? It is the oldest one with PoS, isn't it?
legendary
Activity: 1652
Merit: 1007
DMD Diamond Making Money 4+ years! Join us!
legendary
Activity: 1218
Merit: 1002
Supporting DMD, ERC & PIO
Thank you for posting this thread. Interesting and refreshing.
Long live POS coins & DMD. Of course, Diamonds ar Forever.
legendary
Activity: 1652
Merit: 1007
DMD Diamond Making Money 4+ years! Join us!
Just above 7 days until the second phase of DMD Diamond auction comes to an end.

http://bit.diamonds/auction.html

Also, in two weeks, DMD Diamond PoS rate will be halved, this means DMD supply will be cut in half. Whether this might have similar effect to the upcoming BTC block halving, it s yet to bee seen.

https://bit.diamonds/
hero member
Activity: 736
Merit: 500
What do you think about the potential of the Swagbucks and Genstake? it seems the issue is slow and at moment doing quite great in exchanges
I think both have good potencial and staking both in our solutions.
SwagBucks gives an usefull feature, and to build on this could be exiting to see where we end up.
G3N shows also positive development and progress, and looking forward to hear more from them now in 2016.

Happy staking!

IW
legendary
Activity: 966
Merit: 1000
What do you think about the potential of the Swagbucks and Genstake? it seems the issue is slow and at moment doing quite great in exchanges
legendary
Activity: 3052
Merit: 1053
bit.diamonds | uNiq.diamonds


in case the opportunity is to big for u
u can get at least 150 DMD by find someone who can take it



https://bit.diamonds/auction.html


(first round only two legendary10 are avaiable and both have a bid already!)

(The Allnatt Diamond: Unique Crypto Asset)is at 2.6 BTC

and other /The Moussaieff Red Diamond: Unique Crypto Asset) at 3.5 BTC already

so in fact both stones of phase 1 are above starting bid of phase 2 already
full member
Activity: 210
Merit: 100
★YoBit.Net★ 350+ Coins Exchange & Dice
Thank for guide. It is good for me.
legendary
Activity: 1652
Merit: 1007
DMD Diamond Making Money 4+ years! Join us!
Due to BTC price growth, the initial bid for this first round of DMD Legendary auction s been lowered to 2 BTC.

More info here: https://bit.diamonds/auction.html
legendary
Activity: 966
Merit: 1000
thanks for the guide, it is a really recommended read for everyone starting with the altcoins
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