[ANN] Diamond (DMD) Takeover! Update v1.0.4 | NEW website, pool, block-explorer - page 14.

cryptonit

legendary

Activity: 3052

Merit: 1053

bit.diamonds | uNiq.diamonds

Quote from: Dixonz on January 21, 2014, 11:48:15 AM

What is THE coin to mine/trade/store there's so many of them new ones creeping up all the time like the other week Earthcoin/42coin etc.

I know somebody that bought into 42 which from what i gather looked promising and now its going south like there's now tomorrow.

I don't know much of the history of dmd but did it like disappear for a while or be removed off trading sites? Apologies for the newbishness but all of it is new to me!

for now the coin to mine is doge
the coin for trade is btc
the coin to store is dmd

mine doge (replace with other fotm coin just follow multipools)
sell doge for btc
buy dmd with btc

today i bought 140 dmd with the mining output of 3 days mining doge
would be impossible mine in that timeframe that much dmd with my 1600khash (would be around 45 dmd in 3 days)

my longterm goal is to own at least 36000 dmd to be able POS 1 dmd each day

people might ask why store dmd and not keep btc

answer the big gains for bitcoin are over maybe some day 1 BTC will be 10000$ but thats still only a 10x gain

the possible gains for dmd are way higher

i dont do crypto stuff to earn a few bucks

i want the big thing

sure this involve some risk too
the golden rule for any investment into crypto is never invest more than u can afford to lose

if i lose 2 5 or 10k € that wont hurt that much

if i earn 250k € that would change my life

thats where i am aiming for

Dixonz

newbie

Activity: 7

Merit: 0

What is it with doge aswell?

Dixonz

newbie

Activity: 7

Merit: 0

What is THE coin to mine/trade/store there's so many of them new ones creeping up all the time like the other week Earthcoin/42coin etc.

I know somebody that bought into 42 which from what i gather looked promising and now its going south like there's now tomorrow.

I don't know much of the history of dmd but did it like disappear for a while or be removed off trading sites? Apologies for the newbishness but all of it is new to me!

popshot

hero member

Activity: 774

Merit: 554

CEO Diamond Foundation

Quote from: sammart57 on January 21, 2014, 09:23:51 AM

math doesn't matter.. this coin is starting to fade badly. if the devs don't do something soon to get people aware of it, it's gonna be buried under a mountain of new alts and forgotten.

I beg to differ on this one. I've got a strong feeling the devs will deliver. Coding is a daunting task and takes a long time, especially in cryptos where you want to make sure everything is secure and bug free.
Yes.. buried under other alts, just like Quark was.. I think this coin has got merits that do not expire as quickly as you might think.
Marketing is another beast but once the community comes together we'll see the change.

sammart57

member

Activity: 112

Merit: 10

Quote from: popshot on January 20, 2014, 09:37:39 PM

Quote from: Dixonz on January 20, 2014, 01:45:23 PM

Appreciate the help guys,
Out of curiosity what sorta future we got with diamond?
Been following the thread for a couple of days kinda get them feels that its gonna be a big
People saying mine and hold them for the future?
Eventually my goal is to make some btc, I've heard that's expected to climb into the thousands.?

Well, you don't have to feel it it's going to be big.. just do the math. There are only 1,500 coins to be mined per day and by looking at the supply on Cryptsy it indeed is scarce.
It's one of a few coins which is actually truly fair, no pre mining, no instamining and no halving rewards over the course of its existence. This on its own is a green light for many people who are tired of scamcoins. Whatever angel you look at it, it does bring some interesting features to the table (security - checkpointing, scarcity, PoS to name a few).
Mining/buying and holding is in my view a very sensible approach at the moment. It is a perfect period for investment especially with these prices. Of course there's work to be done on the marketing side of thing but to promote this coin would be much easier than some other clone crap that pops from nowhere every minute.
What actually attracted me to this coins were the competent devs who already worked with another greatly performing Peercoin.

As soon as the train starts rolling... there will be nothing to stop it. Wink

math doesn't matter.. this coin is starting to fade badly. if the devs don't do something soon to get people aware of it, it's gonna be buried under a mountain of new alts and forgotten.

dadon

legendary

Activity: 1190

Merit: 1002

Pecvniate obedivnt omnia.

i just bought 1k of dmd yesterday i am being patient, i have spent about 16btc now, just asking bro........

popshot

hero member

Activity: 774

Merit: 554

CEO Diamond Foundation

Quote from: dadon on January 20, 2014, 09:06:56 PM

we do need to start a separate dedicated DMD forum, like others said in previous posts, are the devs working on it? if not, how do we get one going.

dadon patience mate, I'm confident we'll hear some answers soon!

popshot

hero member

Activity: 774

Merit: 554

CEO Diamond Foundation

Quote from: Dixonz on January 20, 2014, 01:45:23 PM

Appreciate the help guys,
Out of curiosity what sorta future we got with diamond?
Been following the thread for a couple of days kinda get them feels that its gonna be a big
People saying mine and hold them for the future?
Eventually my goal is to make some btc, I've heard that's expected to climb into the thousands.?

Well, you don't have to feel it it's going to be big.. just do the math. There are only 1,500 coins to be mined per day and by looking at the supply on Cryptsy it indeed is scarce.
It's one of a few coins which is actually truly fair, no pre mining, no instamining and no halving rewards over the course of its existence. This on its own is a green light for many people who are tired of scamcoins. Whatever angel you look at it, it does bring some interesting features to the table (security - checkpointing, scarcity, PoS to name a few).
Mining/buying and holding is in my view a very sensible approach at the moment. It is a perfect period for investment especially with these prices. Of course there's work to be done on the marketing side of thing but to promote this coin would be much easier than some other clone crap that pops from nowhere every minute.
What actually attracted me to this coins were the competent devs who already worked with another greatly performing Peercoin.

As soon as the train starts rolling... there will be nothing to stop it. Wink

dadon

legendary

Activity: 1190

Merit: 1002

Pecvniate obedivnt omnia.

we do need to start a separate dedicated DMD forum, like others said in previous posts, are the devs working on it? if not, how do we get one going.

sheinsha

sr. member

Activity: 434

Merit: 250

Quote from: cryptonit on January 20, 2014, 03:47:46 PM

Quote from: sheinsha on January 20, 2014, 01:26:55 PM

You can try at dmd.minar.cc

sheinsha
Trust: -6: -1 / +0(0)
Warning: Trade with extreme caution!
-----------------
i dont know how u earn that reputation on this forum
but it sounds like we shouldnt listen to yor recomendations

2 days ago a possibly drunk user posted this:
https://bitcointalk.org/index.php?action=trust;u=114469

But thats not true, all super blocks are given to miners same thing as tx fees!
Please ask older forum members to vouch me on this one!

cryptonit

legendary

Activity: 3052

Merit: 1053

bit.diamonds | uNiq.diamonds

Quote from: sheinsha on January 20, 2014, 01:26:55 PM

You can try at dmd.minar.cc

sheinsha
Trust: -6: -1 / +0(0)
Warning: Trade with extreme caution!
-----------------
i dont know how u earn that reputation on this forum
but it sounds like we shouldnt listen to yor recomendations

Dixonz

newbie

Activity: 7

Merit: 0

Top Notch

Are the confirmed payments playing catch up now?

zuper

full member

Activity: 162

Merit: 100

DMDpool.net is back

We prefer to be silent and work hard for DMD...
I know that you cant wait, but we should make stable steps.

Dixonz

newbie

Activity: 7

Merit: 0

Appreciate the help guys,

Out of curiosity what sorta future we got with diamond?

Been following the thread for a couple of days kinda get them feels that its gonna be a big

People saying mine and hold them for the future?

Eventually my goal is to make some btc, I've heard that's expected to climb into the thousands.?

zuper

full member

Activity: 162

Merit: 100

Hello people!

DMDpool.net will be online during the day...
You will not lose anything

sheinsha

sr. member

Activity: 434

Merit: 250

Quote from: cryptonit on January 20, 2014, 12:53:17 PM

Quote from: Dixonz on January 20, 2014, 12:05:13 PM

Hi All

New to alt coins and even more so to Diamond!

Been mining it for about a week but i can't get on dmdpool.net as of today for some reason been like it since about 6 this morning, does anyone know if the site is down?

My miner is still accepting.

Apologies if this is out of context

Thanks

looks like website crashed
miningpool is a different service and could be running without troubles
if u afraid wasting miningtime switch to another pool until dmdpool website is responding again

You can try at dmd.minar.cc

cryptonit

legendary

Activity: 3052

Merit: 1053

bit.diamonds | uNiq.diamonds

Quote from: Dixonz on January 20, 2014, 12:05:13 PM

Hi All

New to alt coins and even more so to Diamond!

Been mining it for about a week but i can't get on dmdpool.net as of today for some reason been like it since about 6 this morning, does anyone know if the site is down?

My miner is still accepting.

Apologies if this is out of context

Thanks

looks like website crashed
miningpool is a different service and could be running without troubles
if u afraid wasting miningtime switch to another pool until dmdpool website is responding again

Dixonz

newbie

Activity: 7

Merit: 0

Hi All

New to alt coins and even more so to Diamond!

Been mining it for about a week but i can't get on dmdpool.net as of today for some reason been like it since about 6 this morning, does anyone know if the site is down?

My miner is still accepting.

Apologies if this is out of context

Thanks

jepistons

sr. member

Activity: 252

Merit: 250

I think most people are waiting for updates from the dev, like whats the next etc I would invest 3-5 Satochis for dmd but like popshot said price will fall back down due from the lack of interest

popshot

hero member

Activity: 774

Merit: 554

CEO Diamond Foundation

Quote from: cryptonit on January 20, 2014, 09:30:56 AM

i need just a positive signal and i will invest more into dmd
im sure devs are dedicated because they are themselves whales and own a big share of coin

not because of premining but because they running dmdpool.net and earned a big share of total mined dmd's

a forum is sure a good way to focus community on one point
but forums like this here on bitcointalk are needed also to attract people

if no one gets his nose pointed towards the nice smell of big gains that dmd should provide than a own dedicated forum isn't helping too

and clearly the best promotion is raising coin value

investors are numbers junkies

we need invest that few Bitcoins that are required to give this coin a upwards value trend then the investors will come too

Great points cryptonit. Lets hope the devs are in the process of gathering funds for the development...

You call people who are numer junkies investors but I call them speculators. If we want to look past pump and dump for more sustainable long term growth having a dedicated forum is a must. There are a lot of newbies and undecided folks who would like to lear some more about cryptos.
As you've pointed out it would be a good idea to buy the total Cryptsy supply.. but then what? You could pull this tricky (which is a great one btw) a few times but it's not a solution. What if it didn't work out, after some time the price would go down again because there's no infrastructure. The major reason for the price slump is lack of interest from the buyers side.

Topic: [ANN] Diamond (DMD) Takeover! Update v1.0.4 | NEW website, pool, block-explorer - page 14. (Read 50088 times)