Quick reminder, we have about 55 more days until the next DMD Diamond stake rate halving.
This means the annual stake rate will go down from 50% to 25%. More importantly, this will also halve DMD Diamond supply generated by staking of Diamonds currently available. We already know how scarce DMD is and how hard is to buy any meaningful amount. Well, it s gonna be ever harder to get your hands on DMD in less then 2 months.
So, in other words, the same demand will meet 1/2 of the current staking induced supply and this will definitely affect the price. Comparing this to the latest LTC block halving, where the LTC price doubled after block halving, it is highly possible we can expect the same scenario with DMD Diamond.
Personally, I will be trying to get every single Diamond I can during these last 2 months of current staking rate. Again, this is my plan and my agenda of how I can the situation, not an investment advice.
Remember, scarcity created value and DMD Diamond supply s about to change big time.
This means the annual stake rate will go down from 50% to 25%. More importantly, this will also halve DMD Diamond supply generated by staking of Diamonds currently available. We already know how scarce DMD is and how hard is to buy any meaningful amount. Well, it s gonna be ever harder to get your hands on DMD in less then 2 months.
So, in other words, the same demand will meet 1/2 of the current staking induced supply and this will definitely affect the price. Comparing this to the latest LTC block halving, where the LTC price doubled after block halving, it is highly possible we can expect the same scenario with DMD Diamond.
Personally, I will be trying to get every single Diamond I can during these last 2 months of current staking rate. Again, this is my plan and my agenda of how I can the situation, not an investment advice.
Remember, scarcity created value and DMD Diamond supply s about to change big time.
I don't want to be negative but LTC did not double in price after the reward halving at block 840,000 (25/08/2015) but the price actually dropped before recovering again. See below:
The USD price shortly before halving was over $4,- and after the halving was $2.5,- and right now it's $3.33,- so that's an increase of 33.2% to date from the day of the halving (with a spike on 04/11/2015 to $4.882,-). The same was true of DOGE after the halving and the price has since fallen as you know.
The reason I'm saying this is that I am a big supporter of DMD and I have a few and I also have shares in the DMD cloudming so I want a bright future for DMD. What might be counter-productive is too much hype and building of expectations in the community, especially among newcomers with little experience. You have been on a good path and should stick to it and make sure that the community is behind you all the way.
Anyone knows that you can not predict value and prices and that if you hype people into buying DMDs and then the "promised" price hike doesn't materialise you will have a bunch of people unhappy with DMD and will not help to bring you forward and are likely to dump and leave.
What kind of dumps you talking about? Diamond is a rare coin (which is only 4.38 million coins in the system), it's like you have rare coins or antiques.
POS system protects network (no need for a huge number of mining farms, in the case of BTC or LTC)
And most importantly, this coin is not premine which usually sell the developers before they escape.
Then rushing to grab a piece of this perfectly delicious pie 
yeah yeah 
