[ANN] ¤ DMD Diamond 3.0 | Scarce ¤ Valuable ¤ Secure | PoS 3.0 | Masternodes 65% - page 259.

cryptonit

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Quote from: Galactus on October 29, 2016, 09:05:21 AM

Quote from: pokeytex on October 21, 2016, 05:51:26 AM

Quote from: cryptonit on October 20, 2016, 06:15:46 PM

one thing to discuss

how about with DMD 3.0 we have a 10:1 coin supply reduction

just something to think about

technical we can do it

all balance are reduced by 90% and all total coin related mechanics adapted

max 438k DMD (below a half million after 30+ years!)

maybe that amount of total coins would suite a coin with the name Diamond better?

opinions?

@cryptonit - this equates to a 10:1 reverse split in the equity world. I am not sure that I understand the point of it other than just making the coin appear to be worth more.

agree with pokeytex
it's just a manipulation with the cost of the coin.
what's the point for holders of coin?

cryptonit you once wrote that the coins can cost through 2 years $5.
This is the magical option of increasing the cost?
and if you reduce the number of coins in 100 times, then 1 coin will cost a few Bitcoins?

this is some perverted version Zcash?

Zcash: Total coin supply: 21,000,000 (same as Bitcoin) the rate is currently at bittrex 1 Zcash more than 7 bitcoins.
you talk about some improvements in DMD 3.0, but at the same time offering a very strange version of the increase in the value of the coin.
I don't understand why this is reducing the amount of coins, so I oppose this.

the feedback is clear there wont be a change in amount of total coins
even if i think u misunderstand the intention

we start such discussions when we seek community feedback

and i say thx to everyone who gave his feedback

Tyke

legendary

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Work will resume on the Diamond book soon...

Please could members of the communities suggest an intriguing title.

cesmak

legendary

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I'm of the same opinion of pokeytex and Galactus....

Galactus

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Quote from: pokeytex on October 21, 2016, 05:51:26 AM

Quote from: cryptonit on October 20, 2016, 06:15:46 PM

one thing to discuss

how about with DMD 3.0 we have a 10:1 coin supply reduction

just something to think about

technical we can do it

all balance are reduced by 90% and all total coin related mechanics adapted

max 438k DMD (below a half million after 30+ years!)

maybe that amount of total coins would suite a coin with the name Diamond better?

opinions?

@cryptonit - this equates to a 10:1 reverse split in the equity world. I am not sure that I understand the point of it other than just making the coin appear to be worth more.

agree with pokeytex
it's just a manipulation with the cost of the coin.
what's the point for holders of coin?

cryptonit you once wrote that the coins can cost through 2 years $5.
This is the magical option of increasing the cost?
and if you reduce the number of coins in 100 times, then 1 coin will cost a few Bitcoins?

this is some perverted version Zcash?

Zcash: Total coin supply: 21,000,000 (same as Bitcoin) the rate is currently at bittrex 1 Zcash more than 7 bitcoins.
you talk about some improvements in DMD 3.0, but at the same time offering a very strange version of the increase in the value of the coin.
I don't understand why this is reducing the amount of coins, so I oppose this.

cryptonit

legendary

Activity: 3052

Merit: 1053

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Quote from: Karartma1 on October 28, 2016, 02:22:26 PM

That's quite a lot. Some other cryptsy funds are moving along the exchanges apparently. You could ask bittrex guys to tell you who moved those funds.
Actually they could refer this to the authorities so that they could be found and judged for the scammy behaviour towards their users.

who ever send coins got the private keys
thats what we take care that the wallet is secure in this sense

every user is responsible about the safety of his private keys
its not up on us to judge if someone got access to this keys legit or not

i never see coins sold on exchange as something bad
its always a opportunity

Karartma1

legendary

Activity: 2310

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Quote from: cryptonit on October 27, 2016, 05:20:00 AM

Quote from: pazor_true on October 27, 2016, 05:18:32 AM

is there a link for cryptsy DMD liquidation ?

https://chainz.cryptoid.info/dmd/address.dws?94031.htm

not more than the explorer show us

10k moved at 24 october
6k still there

its absolute unclear who control the coins now

but we did see that in the same timeframe the sellorderbook on bittrex did increase by 10k

some of them where today sold in a dump some of them still fill the sellorderbook

so like 1/3 of all coins u can buy on bittrex this moment are remains of cryptsy coldwallet

this is in my opinion a very good sign about what will happen once this extra sellpressure is gone

That's quite a lot. Some other cryptsy funds are moving along the exchanges apparently. You could ask bittrex guys to tell you who moved those funds.
Actually they could refer this to the authorities so that they could be found and judged for the scammy behaviour towards their users.

cryptonit

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Activity: 3052

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Quote from: pazor_true on October 27, 2016, 05:18:32 AM

is there a link for cryptsy DMD liquidation ?

https://chainz.cryptoid.info/dmd/address.dws?94031.htm

not more than the explorer show us

10k moved at 24 october
6k still there

its absolute unclear who control the coins now

but we did see that in the same timeframe the sellorderbook on bittrex did increase by 10k

some of them where today sold in a dump some of them still fill the sellorderbook

so like 1/3 of all coins u can buy on bittrex this moment are remains of cryptsy coldwallet

this is in my opinion a very good sign about what will happen once this extra sellpressure is gone

cryptonit

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pazor_true

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i love Emerald (EMD)

is there a link for cryptsy DMD liquidation ?

cryptonit

legendary

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im very happy that cryptsy coldwallet coins ~1% of total DMD are reaching the markets now
this allows people to collect them at very low cost
and dont have to worry about them any longer

this demon from the past is now finally gone

rest in peace
this will be the last year cryptsy give us a Halloween surprise

cryptonit

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Activity: 3052

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great stuff going on regarding Federated Blockchains and cooperation to bring crypto towards europe peoples
DMD Diamond Foundation full support it

------------------------------------

Quote from: szenekonzept on October 26, 2016, 04:16:30 AM

13.00 MEETING WITH
ENERGYCOIN, GAMECREDITS, BITSEND, INTERNET OF COINS, FEDERATED BLOCKCHAINS, BITCOIN-TREFF

LOCATION
IN BOCHUM, GERMANY

TOPICS
PERSONALIZED ENERGY IN THE GRID
INTERNET OF THINGS
PAYMENT

PROJECT PLANNING FOR
ENERGY FOUNDATION
FEDERATED BLOCKCHAINS

HAVE FUN
MATTHIAS

.

cryptonit

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Activity: 3052

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it looks like 10000 of cryptsy coldwallet DMD where the reason of actual sellpressure
thats a great chance get cheap DMD this kind of sellpressure is gone once cryptsy coldwallet is empty

cryptonit

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Activity: 3052

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Quote from: Graywolf on October 26, 2016, 02:17:55 PM

Hello

Have we eny info,what happening Crypsy wallet.

br.

https://chainz.cryptoid.info/dmd/address.dws?94031.htm

not more than the explorer show us

Graywolf

jr. member

Activity: 48

Merit: 60

Hello

Have we eny info,what happening Crypsy wallet.

br.

cryptonit

legendary

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cryptonit

legendary

Activity: 3052

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Quote from: BogdanCo on October 22, 2016, 01:54:08 PM

Quote from: cryptonit on October 20, 2016, 06:15:46 PM

one thing to discuss

how about with DMD 3.0 we have a 10:1 coin supply reduction

just something to think about

technical we can do it

all balance are reduced by 90% and all total coin related mechanics adapted

max 438k DMD (below a half million after 30+ years!)

maybe that amount of total coins would suite a coin with the name Diamond better?

opinions?

I would say it's a good ideea, especially if we promote this coin as being scarce. In this way one DMD it's more precious and the name Diamond makes you think about how rare are...

its just a move of the dot one position to the left nothing more nothing less
we will have some more discussion and a vote about it

in my opinion the release of DMD 3.0 (which is still many months away)
would be a ideal point to implement anything that we as a whole think is a core pillar of DMD
if scarce is such core pillar we should do it

BogdanCo

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Activity: 729

Merit: 513

Quote from: cryptonit on October 20, 2016, 06:15:46 PM

one thing to discuss

how about with DMD 3.0 we have a 10:1 coin supply reduction

just something to think about

technical we can do it

all balance are reduced by 90% and all total coin related mechanics adapted

max 438k DMD (below a half million after 30+ years!)

maybe that amount of total coins would suite a coin with the name Diamond better?

opinions?

I would say it's a good ideea, especially if we promote this coin as being scarce. In this way one DMD it's more precious and the name Diamond makes you think about how rare are...

cryptonit

legendary

Activity: 3052

Merit: 1053

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Quote from: for2na4all on October 21, 2016, 02:37:09 PM

Da Vinci Style
http://imgur.com/Ucd4tO8
It's not final version!

its not

i would in fact not spend time try recreate the logo
i dont think there is any need too

and if then towards something that follow the logic of all big logos

be able to use and recognize even in black white print simple without shades

regarding non logo art we have already great work

like this

but that cant be used as a logo

for a simple logo this is much better

so in fact i think we have both kinds already the well painted version and the simple logo version

i see no demand for a change

u can continue and present the work to the community if there is a broad base that would like it more

but if not i see no reason to change existing logos

for2na4all

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Da Vinci Style
http://imgur.com/Ucd4tO8
It's not final version!

cryptonit

legendary

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Quote from: pokeytex on October 21, 2016, 08:18:06 AM

If 2FA is not the answer (I am no Dev) then maybe there is something else more secure?

there im full with u secure ur storage of wealth is a top priority of DMD Development

but even the best security wont protect u against keylogger and trojan malware
there everyone himself musst keep his coin PC secure

protection of his own PC against keyloggers and virus/malware is user responsibility

the biggest security topic all POS coins share is that a address must be unlocked to be able mint coins

the option unlock only for minting is just blocking the gui elements but dont change the fact

that a wallet which is minting have access to the private key which is the only way its able sign a minted block valid

a solution for this would be in fact a industry first solution on bitcoin/peercoin based POW/POS coins

we can have this as a development aim but i guess it wont be part of 3.0 maybe 3.1

Topic: [ANN] ¤ DMD Diamond 3.0 | Scarce ¤ Valuable ¤ Secure | PoS 3.0 | Masternodes 65% - page 259. (Read 1260595 times)