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Topic: [ANN] ¤ DMD Diamond 3.0 | Scarce ¤ Valuable ¤ Secure | PoS 3.0 | Masternodes 65% - page 213. (Read 1260677 times)

full member
Activity: 179
Merit: 100
I like the idea of masternode but as Diamond is more of an investment than high-frequency transacting like DASH or PIVX... maybe I suggest to change the name of "masternode" to something like "quarrynode" or just "quarry"... you know like a diamond quarry... somewhere where large amounts are stored and exchanged with via stake. 10.000 to run a quarry, and it verifies transactions and finds blocks (mints) and must run 24/7... and earns higher PoS return than just staking that same amount. maybe... just brainstorming.

How many hypothetically would someone need to buy today in order to reach 10000 by August/September through staking, does anyone have an estimate for that? Just curious.

Also, it seems security issues could potentially arise when too many masternodes are run by one party... is there going to be any steps taken to prevent a sort of 51% attack by a single person/party/interest running >51% of all mns at one time?
legendary
Activity: 3052
Merit: 1053
bit.diamonds | uNiq.diamonds


beside be a workfree day for many countries
we can also celebrate the second DMD Reactor bonus payout towards our DMD CLoudming shareholders

enjoy!

legendary
Activity: 3052
Merit: 1053
bit.diamonds | uNiq.diamonds
Judging by the trend through few months, to get into the TOP 100 by capitalization, the DMD price should be worth more than 2-3 dollars and have a capitalization of more than 5-6 million.
Therefore, to get 10k coins for the masternode will need to pay much more.

dash masternodes are a investment of 70-100k $
and still new masternodes are filled by people

price is no entry barrier if people are confident in the investment decision

but yes i agree Galactus
enter early might get ya a MN much much cheaper

hero member
Activity: 505
Merit: 500
Judging by the trend through few months, to get into the TOP 100 by capitalization, the DMD price should be worth more than 2-3 dollars and have a capitalization of more than 5-6 million.
Therefore, to get 10k coins for the masternode will need to pay much more.
full member
Activity: 179
Merit: 100
My opinion is 1 DMD for 8-10$ to the end 2017!!!

Could be. I'd like to see a Diamond worth as much as a diamond some day. It would make sense, wouldn't it? Someone(s) bought around 8-10,000 of them several hours ago, wow  Shocked. I wanted some, was saving up... oh well, price went up so all is good.   Cool
legendary
Activity: 3052
Merit: 1053
bit.diamonds | uNiq.diamonds
One of the best DMD services I would prefer the mobile phone replenishment as it is done in bitrefill.com

that might be nice in some countries in others not
where i live its pretty useless nearly no one use non contract phones
u dont need a refill code

but yes everyone is invited create such a refill solution for his country
u will get any support we can give u and we will promote it

but when i talk about masternode network powered services i mean stuff a bit more exciting
bitrefill like stuff can be already use by any shapeshift changelly or coinpayments enabled coin i guess
hero member
Activity: 505
Merit: 500
One of the best DMD services I would prefer the mobile phone replenishment as it is done in bitrefill.com
legendary
Activity: 3052
Merit: 1053
bit.diamonds | uNiq.diamonds
My opinion is 1 DMD for 8-10$ to the end 2017!!!

one possibility but not predictable
the masternode hype might be gone
even if we not choose this path because of the hype
but because of the possibilities of a masternode peer to peer layer as host platform for additional services

sr. member
Activity: 1022
Merit: 391
My opinion is 1 DMD for 8-10$ to the end 2017!!!
legendary
Activity: 3052
Merit: 1053
bit.diamonds | uNiq.diamonds
Banknotes are just a paper product with constant inflation.
The state all the time a print money and it becomes every year more and more in circulation.
As a result, the prices for goods are gradually growing, and the value of fiat currency is falling.
Diamond has only 4.38 million coins, 2.07 million of which have already been mined.
So think and ask yourself again why Diamond will grow in price.

"Banknotes are just a paper product with constant inflation."

yes

DMD DIamond have inflation too

BUT

u get ur share of that inflation and ur share will be even bigger than the inflation
(because not all coins take part in POS/MN)

AND

the way DMD DIamond coin rollout in DMD v3 is designed is that it will constant decrease


so in fact for someone active take part in DMD there is no inflation in fact he increase his share of total coins constant
and still new produced DMD Diamond become more and more scarce

i might be wrong but to me that looks like a plan
and then add faktor 3 that we also work on services and app that will create demand and buypressure on DMD too

any coin spec we design have a reason
and the reason is to make each single DMD a little treasure in the future

legendary
Activity: 3052
Merit: 1053
bit.diamonds | uNiq.diamonds

I am not planing to sell the DMD I have or that which I am going to buy for a good while.

I think DMD can gain a market cap over 5M USD so the price will be 1USD or even much more.

Only then I would consider selling off most of my coins

But we will see  Grin

i think u aim low with ur sell goals
anything below 5$ per DMD  in 2020 i would see as a complete project failure

at 5$ i would sell to cover the invest
and keep the rest for find out how far it can go
just from time to time cash out some POS/MN income
never touch the base




legendary
Activity: 1414
Merit: 1013
DMD info: https://diamond-info.github.io/
Quote

i understand the ultimate goal is to cash out and store ur earned wealth
but what if DMD is already one of the best places to store wealth and even earn interest?


Well said.
I see that some people do not realize that by selling DMD and transferring money to dollars or euros, they actually invest in Dogecoin  Grin
Banknotes are just a paper product with constant inflation.
The state all the time a print money and it becomes every year more and more in circulation.
As a result, the prices for goods are gradually growing, and the value of fiat currency is falling.
Diamond has only 4.38 million coins, 2.07 million of which have already been mined.
So think and ask yourself again why Diamond will grow in price.
full member
Activity: 223
Merit: 100
What is cheap

yes u found the miracle question in the easy
"buy cheap sell high" plan

if u look at DMD u have to add another question
how many to gather
and when to start cash out

i understand the ultimate goal is to cash out and store ur earned wealth
but what if DMD is already one of the best places to store wealth and even earn interest?


I am not planing to sell the DMD I have or that which I am going to buy for a good while.

I think DMD can gain a market cap over 5M USD so the price will be 1USD or even much more.

Only then I would consider selling off most of my coins

But we will see  Grin
legendary
Activity: 3052
Merit: 1053
bit.diamonds | uNiq.diamonds


What is cheap

yes u found the miracle question in the easy
"buy cheap sell high" plan

if u look at DMD u have to add another question
how many to gather
and when to start cash out

i understand the ultimate goal is to cash out and store ur earned wealth
but what if DMD is already one of the best places to store wealth and even earn interest?


legendary
Activity: 1414
Merit: 1013
DMD info: https://diamond-info.github.io/

or u leave the wall and join the game slow suck up cheap coins below it

in any case each DMD u can get cheap is a win

What is cheap now for DMD though?

The price was stable at 0.3usd for ages and now is double the price!

If I am not mistaken the price was even on 0.1usd not too long ago.

I keep waiting for a price drop which I do not think this is going to come with all the news i.e. V3 and master nodes

AGH Angry the regret of not buying more precious diamond when it was cheap

I think that you are unlikely to see a price lower than 0.5 USD for 1 DMD  Smiley
full member
Activity: 223
Merit: 100

or u leave the wall and join the game slow suck up cheap coins below it

in any case each DMD u can get cheap is a win

What is cheap now for DMD though?

The price was stable at 0.3usd for ages and now is double the price!

If I am not mistaken the price was even on 0.1usd not too long ago.

I keep waiting for a price drop which I do not think this is going to come with all the news i.e. V3 and master nodes

AGH Angry the regret of not buying more precious diamond when it was cheap
legendary
Activity: 3052
Merit: 1053
bit.diamonds | uNiq.diamonds
More than 7K coins below 0.000515


nice

But for 2-3 days no one buys these thousands of coins



to me it looks like a try to keep prices low
who buy the wall open up the market and can enjoy a bunch of cheap DMD

or u leave the wall and join the game slow suck up cheap coins below it

in any case each DMD u can get cheap is a win



so just one lucky guy fill a masternode and all walls below 0.00055 are broken

hero member
Activity: 505
Merit: 500
More than 7K coins below 0.000515




More than 7K coins below 0.000515


nice

But for 2-3 days no one buys these thousands of coins
legendary
Activity: 3052
Merit: 1053
bit.diamonds | uNiq.diamonds
i have heard dmdv3 will use xevan algo for pow.. is it true ?  when are you goin to roll out the v3 release ?

its true when its in at first release
but yes its now planed to use xevan algo for the POW part of hybrid blockchain security

whitepaper 13th june (4th DMD birthday)
wallet release  ~august thats the plan

Don't you mean July 13th (Diamond's 4th birthday). Diamond first block was generated on 2013-07-13 06:22:11.

https://chainz.cryptoid.info/dmd/block.dws?000002e9686a879460eb5497d51a99fa6d5cad4a9edabb5112bd915b7d2302fc.htm.

Also on DMD 3.0, is it possible to run 2 or 3 Masternodes and POS on the same wallet.



yes 13th july

each masternode is a own node (a own wallet)
a node can act as masternode and do pos at the same time
but u can not POS the masternode collateral 10000 DMD transaction
member
Activity: 89
Merit: 10
i have heard dmdv3 will use xevan algo for pow.. is it true ?  when are you goin to roll out the v3 release ?

its true when its in at first release
but yes its now planed to use xevan algo for the POW part of hybrid blockchain security

whitepaper 13th june (4th DMD birthday)
wallet release  ~august thats the plan

Don't you mean July 13th (Diamond's 4th birthday). Diamond first block was generated on 2013-07-13 06:22:11.

https://chainz.cryptoid.info/dmd/block.dws?000002e9686a879460eb5497d51a99fa6d5cad4a9edabb5112bd915b7d2302fc.htm.

Also on DMD 3.0, is it possible to run 2 or 3 Masternodes and POS on the same wallet.

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