The sell-order list needs be expanded if we want to see the bigger variety whale
Right now the highest price listed is .001 or something similar. What's up with that? Only 34,000 DMD available for sale? Come on people, you've all got one. Name your price!
Well, I shouldn't say that. Most, like myself, probably cherish every single last diamond. I'm saving up for a masternode, for example, almost there, and most probably like to stake theirs. I wouldn't sell any of mine now because I need it to stake in order to have 10000 by v3. Some, I imagine, have more DMD than they really know what to do with, I mean how many masternodes could one person/party need? There comes a point when market play becomes more profitable than staking, you know. So... name a price! At least part with some.... A person does not make money from an apple tree if he/she keeps all the apples.
But how much should be cost 1 DMD,
In your opinion, given the uniqueness of the asset and only 4.38 million coins in the system that will be always bring you revenue? I think that many more people look at the Diamond as an ordinary POW coin.
Such coins can not exist without pumps and dumps because they do not bring any income to the owners.
The opportunity to grow is only due to these waves.
In contrast, large POS coin holders have a good income, just sometimes selling a bit their POS earnings.
They do not need to dump their coins, which would then try to buy them cheaper.
And when we move to a new level, this scheme will earn 100%
I won't put a number to it, but yes, you are right I think. I don't think I would sell even if I had enough for a masternode, if I'm honest. Small amounts along the way maybe, roughly proportional to my total stake in DMD as a whole, in order to keep the market flowing.
I'd like to point out also how awesomely stable the DMD/BTC charts looked in the couple of weeks leading up to this most recent run. DMD
is like a rock it appears. Even with all this up/down action of the Bitcoin/USD the last couple weeks, DMD just sat there and waited for it to blow over. The sharp step-ups seem to be becoming more and more characteristic of DMD in the charts (also, somewhat humorously to me by now, massive sells following the buys). It is almost as if a bulb just lights and people think "Oh my goodness, yes, I need some Diamond." From that point on there is little to be done to stop that person from acquiring it. I know of such things because it happened to me when I discovered DMD. All I'll say is the drops following such passionate buy-work no longer bother me. I've lost enough times participating in this drama to know it isn't worth my effort and transaction fees. Buy more when the price dips. Heck, buy more whenever you feel like it. Mint with what you have. Share it with those you feel appropriate to share/trade some with... A slow gradual rise rather than these step-ups may not hurt either... who knows, it is, as always, whatever. Have no fear. We are allotted but a pixel in the DMD charts 5 years out, you done good.