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Topic: 🔴🚀♦️ [ANN] DIAM - Consistent Coin 100% Backed by Redeemable Diamonds! ♦️♦️♦️ - page 12. (Read 23325 times)

sr. member
Activity: 854
Merit: 252
I like the concept of your project about Diamonds. There are actually 3 main types of diamonds. Natural diamonds (white and naturally colored ones), Treated diamonds (white diamonds treated which turn to be colored), Synthetic diamonds.

Natural diamonds
Natural diamonds are a miracle of nature that takes hundreds of millions of years to form. They are the hardest natural material on Earth, and they are excellent heat conductors and have many industrial uses.

Treated diamonds
Treated diamonds also called “enhanced diamond” are natural white diamonds which are treated to improve clarity or to alter color.

Synthetic diamonds
Synthetic diamonds are diamonds which are produced in an artificial process, as opposed to natural diamonds, which are created by geological processes. These diamonds are produced by scientist in laboratories.

What kind of diamond is being backed by your project?

Only naturals! Smiley

There is a little like you project called cedex- https://coinmarketcap.com/currencies/cedex-coin/. If it is not difficult to look at it and write what is your advantage?
All the same, they work together with large companies that trade and process diamonds. And if you have correctly read it all yet.
hero member
Activity: 1708
Merit: 749
Defend Bitcoin and its PoW: bitcoincleanup.com
If someone wants to visit, and see proof of said 'DIAMONDS and CERTIFICATION' in person for the backing of this ICO (which should not be a problem). I mean if one was to spend lots of money, should have no problem letting said person be able to verify before dropping lets say millions or even tens of thousands of investment.

We're not an ICO, but the question's fair.

Well, verifying the vaults in person is quite tricky, which is the reason why we have audits by IDEX. We want to make sure investors have everything they need to feel safe using DIAM!



That leads to all customers having to trust IDEX. In the end it doesn't matter whether you have to trust IDEX or you. There's a risk that audits lack honesty or precision.

As a fellow crypto investor: How is trusting IDEX different than trusting any other stablecoin issuer? The thing with asset-backed and money-backed currencies is that --at any point-- you need to trust someone. Otherwise there are other alternatives, but you're exposed to volatility.

Absolutely right. I wasn't trying to make a point against a stable coin issued by IDEX. I more or less said what you said. Smiley
newbie
Activity: 30
Merit: 0
do you guys know how DC will get available diamonds for phisycal redeem/delivery?

We're planning on introducing DiamCoin into our platform, DiamDrop.com!
copper member
Activity: 25
Merit: 0
We know that this is a special investment. does this also provide customer facilities for miners who also want to have this coin?

Not miners, since our currency won't be mineable. However, we do provide an incentive for users (discounts) and adopt it as a solution (reduced costs).
member
Activity: 924
Merit: 11
Stabil coin now is the main trend and I think that DiamCoin on the right way.
newbie
Activity: 30
Merit: 0
These Scammers and wannabe con-artists just delete the legitimate question I had posted regarding their crap coin so I'll post it again.

Why would anyone buy a BS crypto that doesn't do anything when they can just buy the diamonds themselves.


this is a rhetorical question because the answer is "We are scam coin"..



Hey, sorry your question got deleted. It wasn't us tho, we don't have that capability. Probably it got deleted because of the words you use to express yourself Smiley

To answer to your question, we're working on building partnerships so you can use your DiamCoin to buy products and pay for services outside the diamantaire industry. Also, the token will be perfectly stable and easy to send, and receive. Do you see the value? Because we think it's huge!

-Carlos
newbie
Activity: 9
Merit: 0
These Scammers and wannabe con-artists just delete the legitimate question I had posted regarding their crap coin so I'll post it again.

Why would anyone buy a BS crypto that doesn't do anything when they can just buy the diamonds themselves.


this is a rhetorical question because the answer is "We are scam coin"..

copper member
Activity: 25
Merit: 0
Today is Valentine's Day! What do you think, if I give my girlfriend a DiamCoin instead of diamonds it would be a good idea?

We hope it was, at least, cheaper  Tongue
newbie
Activity: 30
Merit: 0
If someone wants to visit, and see proof of said 'DIAMONDS and CERTIFICATION' in person for the backing of this ICO (which should not be a problem). I mean if one was to spend lots of money, should have no problem letting said person be able to verify before dropping lets say millions or even tens of thousands of investment.

We're not an ICO, but the question's fair.

Well, verifying the vaults in person is quite tricky, which is the reason why we have audits by IDEX. We want to make sure investors have everything they need to feel safe using DIAM!



That leads to all customers having to trust IDEX. In the end it doesn't matter whether you have to trust IDEX or you. There's a risk that audits lack honesty or precision.

As a fellow crypto investor: How is trusting IDEX different than trusting any other stablecoin issuer? The thing with asset-backed and money-backed currencies is that --at any point-- you need to trust someone. Otherwise there are other alternatives, but you're exposed to volatility.
hero member
Activity: 1708
Merit: 749
Defend Bitcoin and its PoW: bitcoincleanup.com
If someone wants to visit, and see proof of said 'DIAMONDS and CERTIFICATION' in person for the backing of this ICO (which should not be a problem). I mean if one was to spend lots of money, should have no problem letting said person be able to verify before dropping lets say millions or even tens of thousands of investment.

We're not an ICO, but the question's fair.

Well, verifying the vaults in person is quite tricky, which is the reason why we have audits by IDEX. We want to make sure investors have everything they need to feel safe using DIAM!



That leads to all customers having to trust IDEX. In the end it doesn't matter whether you have to trust IDEX or you. There's a risk that audits lack honesty or precision.
newbie
Activity: 30
Merit: 0
If someone wants to visit, and see proof of said 'DIAMONDS and CERTIFICATION' in person for the backing of this ICO (which should not be a problem). I mean if one was to spend lots of money, should have no problem letting said person be able to verify before dropping lets say millions or even tens of thousands of investment.

We're not an ICO, but the question's fair.

Well, verifying the vaults in person is quite tricky, which is the reason why we have audits by IDEX. We want to make sure investors have everything they need to feel safe using DIAM!

newbie
Activity: 30
Merit: 0
When is the airdrop campaign starting ?

Really soon we'll be posting the dates! So far we're preparing the launch of our wallet.
newbie
Activity: 30
Merit: 0
newbie
Activity: 155
Merit: 0
newbie
Activity: 30
Merit: 0
I saw a bunch of stablecoin just last year pop out on the market how does diamcoin differ with them? You said there is no ICO or STO so investors will invest or buy directly from exchange or are you going to create your own market?

So, we're doing an IEO, which is slightly different. You can find a lot of information online about it, but the basic idea can be summarized here: https://coincentral.com/what-is-an-initial-exchange-offering/

Initial Exchange Offerings are very popular in several parts of the world, including Korea.

On the differentiation side, it's important to understand that our currency is backed by assets, which makes both adoption and stability easier than the methods we normally observe in the market. We've explained this in other questions so I won't go too long about it, but the basic idea is that, since diamonds perform better than dollars, our currency is protected against inflation, crises, and several other flaws of fiat and cryptocurrencies.

-Carlos
full member
Activity: 1176
Merit: 162
I saw a bunch of stablecoin just last year pop out on the market how does diamcoin differ with them? You said there is no ICO or STO so investors will invest or buy directly from exchange or are you going to create your own market?
copper member
Activity: 25
Merit: 0
What will be the future value of Diamcoin?
the same value always, Diamcoin is a stable coin so they will do everything to avoid the volatility, in fact as they say, the tokens are backed by diamonds , means that you will always be able to buy diamonds with your tokens and always at the same rate.

its a good thing.

Almost got it 100% right, but missed a small detail... we're launching our platform DiamDrop.com which will allow users to exchange their DiamCoin for real diamonds... at prices way lower than the market! This way, your coin is always worth more than it's dollar value in Diamonds.

It's a win win! Wink
newbie
Activity: 30
Merit: 0
If your project is indeed different and a strong one like you have written in the OP that it is backed by real diamond and different from other stable coins then why you need to hire a third party to pay Ethereum to people to bump your ANN thread by replying all those one line shit replies/questions?

Here is your hired third party is telling bounty hunters to ask those silly questions on here for earning a few USD worth of Ethereum.


https://i.imgur.com/ORHAwzw.jpg?1

And again the admin of that group asking people to reply on this thread as task number 7.


https://i.imgur.com/EbnzEnq.jpg?1

Here is the spreadsheet containing that people have indeed participated in this ANN bumping service and reported back to that third party ANN bumping service provider with their reply links.

https://docs.google.com/spreadsheets/d/1QzM6virV2Iy7PgF6hMVaS-jlwVi2UOk0t-kMLUUkUlQ/edit#gid=2145778498

Don't you think if other people see most of those one sentence stupid question then they are probably going to stay away from your project?




Haha this is funny. Backed by real diamonds and needs some cheap bumping services to raise awareness. Would love to see proof or verification of the diamonds in possession.


Regarding verification of diamonds possesion, we'll make our first auditing public as soon as it's conducted, which will be before the public can purchase any DiamCoin. So you don't have to worry about that.

Now, regarding the thread bumping that has been in discussion in this thread, all we can say is that the people running our bounty campaign unilaterally decided to do this and that we're looking into it. For now, we've given instructions to remove everything related to BitcoinTalk from the bounty. We've also made a point to take a good hard look at how the bounty is being done to avoid more episodes like this. We never intend to break any rules (either BitcoinTalk's or any others), and deeply care about investors' trust.

If you have any follow up questions, we're always monitoring this thread to answer them.

Thanks!

-Carlos Cano, Social Media Manager
DiamCoin

Alright, let's wait for the audit! I am curious to see who your auditor is and how that audit is going to prove your claims and overall business to be valid.

We sincerely appreciate when people voice their concerns about trading safety issues, and strive to showcase our reliability up to the highest level. This is why we're making public audits of our vault (monthly, indeed!), to be transparent and responsive to even the most inquisitive investors. So far we're looking into a firm to audit our smart contract, and it seems like IDEX (the leading authority when it comes to diamonds) will audit our vault.

At the end, we're all here for trustless, democratic systems!

-Carlos
legendary
Activity: 2058
Merit: 1166
If your project is indeed different and a strong one like you have written in the OP that it is backed by real diamond and different from other stable coins then why you need to hire a third party to pay Ethereum to people to bump your ANN thread by replying all those one line shit replies/questions?

Here is your hired third party is telling bounty hunters to ask those silly questions on here for earning a few USD worth of Ethereum.




And again the admin of that group asking people to reply on this thread as task number 7.




Here is the spreadsheet containing that people have indeed participated in this ANN bumping service and reported back to that third party ANN bumping service provider with their reply links.

https://docs.google.com/spreadsheets/d/1QzM6virV2Iy7PgF6hMVaS-jlwVi2UOk0t-kMLUUkUlQ/edit#gid=2145778498

Don't you think if other people see most of those one sentence stupid question then they are probably going to stay away from your project?




Haha this is funny. Backed by real diamonds and needs some cheap bumping services to raise awareness. Would love to see proof or verification of the diamonds in possession.


Regarding verification of diamonds possesion, we'll make our first auditing public as soon as it's conducted, which will be before the public can purchase any DiamCoin. So you don't have to worry about that.

Now, regarding the thread bumping that has been in discussion in this thread, all we can say is that the people running our bounty campaign unilaterally decided to do this and that we're looking into it. For now, we've given instructions to remove everything related to BitcoinTalk from the bounty. We've also made a point to take a good hard look at how the bounty is being done to avoid more episodes like this. We never intend to break any rules (either BitcoinTalk's or any others), and deeply care about investors' trust.

If you have any follow up questions, we're always monitoring this thread to answer them.

Thanks!

-Carlos Cano, Social Media Manager
DiamCoin

Alright, let's wait for the audit! I am curious to see who your auditor is and how that audit is going to prove your claims and overall business to be valid.
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