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Topic: [ANN] ¤ DMD Diamond 3.0 | Scarce ¤ Valuable ¤ Secure | PoS 3.0 | Masternodes 65% - page 409. (Read 1260624 times)

legendary
Activity: 3052
Merit: 1053
bit.diamonds | uNiq.diamonds
the japanese version of http://bit.diamonds will go soon online!

thx a lot to miningfox for doing the translation https://twitter.com/moritakitsune

and alex (popshot) for implement it into the website

in the xmas hollidays i will do the german translation

do we have some other language skill in the community who can support and provide a translation

i think we have a few big languages still missing

french
spain
portoguise
arabic (there i know lot countries able read the same arabic writing)
india (dont even know if they have a main language)
update: researched a bit and hindi would be the main indian language spoken by 400+ million people and as such the 3th biggest language on earth
https://en.wikipedia.org/wiki/Hindi
legendary
Activity: 1652
Merit: 1007
DMD Diamond Making Money 4+ years! Join us!
Exactly, I really do not see what s the point here, why r people complaining? Extra DMD generated from these reactors cannot endanger coin rollout or affect supply. So there is no negative aftereffect of this. On the other hand, BTC obtained from this venture s going to be used to fund development from which all of us will benefit. So how is this a bad deal for anyone?

If you don't want to be part of this new reactor project, don't be, you ll still benefit from development funded form selling these addresses. This is a win-win situation for everyone being part of this community.
legendary
Activity: 3052
Merit: 1053
bit.diamonds | uNiq.diamonds
all the people who raise their voice start please to calculate

the increased stakerate  need years at actual price to ROI

the real value is fame and glory and to own a unique asset

the higher staking aspect is pretty weak and just a little goodie

yes in 5 years if DMD had a major breakthrough

this double stakerate for just 3000 DMD might be worth a fortune

but guess what the same is true for each single DMD u gather in ur wallet

without that funding we would not reach the breakthrough

and so they deserve any penny for supporting and investing into DMD at its early stages

as i said allready

if u can provide the required funding another way do it

if not let the people who work for DMD do their job

because they since years work uncounted (a lot lot...) hours

unpaid for u

and will continue do so

but to step into the light and up into the top coins ranking

we need to do stuff that need funding

face the fact if someone pay 4 BTC dev funding
to get a legendary10 private reactor that generate him 750 DMD extra staking in a year

u have to say thx

if at all not he abuse the system

u abuse him

because he fund to evolution of DMD without any great fast ROI staking in return

yes it might be that this unique named asset will be valueable just because of that

because its unique
something that nowhere else exist in cryptoworld

the ability to link ur name with a name of legendary diamond of human history

inside the first and biggest diamond/gemstone themed crypto currency on world

once we have access to bitcoin 2.0 abilities (part of the projects funded with the 30 BTC)
this assets will be created there too

10 unique assets where only 1 piece exist on the whole planet
legendary
Activity: 1652
Merit: 1007
DMD Diamond Making Money 4+ years! Join us!
@crazyivan

If withdraw restrictions were put in place like on a CD, what would it matter if the Dev team owned any or all of the reactor address as long as they followed the same rules.
I personally would have no problem with it.

Cause I would not want for the community to think we have introduced these reactors for our personal gain. This is about funding DMD growth and development, nothing else.
member
Activity: 65
Merit: 10
@crazyivan

If withdraw restrictions were put in place like on a CD, what would it matter if the Dev team owned any or all of the reactor address as long as they followed the same rules.
I personally would have no problem with it.
sr. member
Activity: 302
Merit: 250
Never before 11 P.M.
People, we had this conversation this time last year when some people, led by Utahjohn, said that the current reactor was shit, that it was going to destroy the coin, that it was unfair and that the dev team s going to scam everyone. Now, one year after that, show me ONE person who became part of this reactor and lost money. Who was scammed? Who failed to receive a SINGLE payout? Ha? Every single person who joined the reactor has been paid on time and profited from this venture.

This team s been behind DMD Diamond for almost 2.5 years. During this time, DMD has grown from a small coin, obtainable for pennies, to one of the largest PoS coins when comparing market cap. This took months of hard work and investments from our side. More importantly, we have shown our word means something and NO person from the community has ever been scammed.

In 2016, we re about to introduce a new roadmap with a lot of interesting elements. This roadmap requires funding and adding these reactors is an excellent opportunity to fund this road map and at the same time help people who buy them make extra money. 

As Cryptonit stated, NO member of the dev or core team will be allowed to get one of these reactor address, even though I would personally like to have one. But, rules are rules and we will follow them as always. Again, let me be crystal clear. We could have introduced this for selected group only but we re INTENTIONALLY putting aside our personal financial benefits in order to help DMD grow and in order for all of us to benefit from that growth.

That being said, I can understand part of the community cannot afford to buy the entire reactor address. So, team up. What is the problem with this?

The entire point of this post is to explain to people what great opportunity we have in front of us. We, the dev team, are NOT going to give up on Diamond so let us all make this joint effort to make DMD the best PoS coin there is. Instead of saying what cannot be done let us focus on what can we all do to make it happen. We re all DMD Diamond community and I consider lots of you here not only as members of DMD community but also as my friends. So, let us join our efforts and help DMD Diamond grow cause this what separated great crypto from the average one.

*Sigh* welcome to the new version of Masternodes.  Even on the Diamond website DMD payouts to shareholders have not reached ROI on aggregate.

Reactors were a terrible idea to begin with am quite frankly I find it repulsive that 10, oh no wait 8!  Eight slots are being sold for a minimum of 3 BTC with no DMD.

To even use the 2x 3000 DMD reactor *legendary pro-status* address you're looking at ~8.31 BTC at the current market.

But clearly we need to pay their rent and bar tabs by buying "reactor addresses," which could be changed whenever the dev team feels fit.  EXACTLY, like the implementation of reactors in the first place.  Six shills don't count as support.
legendary
Activity: 1652
Merit: 1007
DMD Diamond Making Money 4+ years! Join us!
People, we had this conversation this time last year when some people, led by Utahjohn, said that the current reactor was shit, that it was going to destroy the coin, that it was unfair and that the dev team s going to scam everyone. Now, one year after that, show me ONE person who became part of this reactor and lost money. Who was scammed? Who failed to receive a SINGLE payout? Ha? Every single person who joined the reactor has been paid on time and profited from this venture.

This team s been behind DMD Diamond for almost 2.5 years. During this time, DMD has grown from a small coin, obtainable for pennies, to one of the largest PoS coins when comparing market cap. This took months of hard work and investments from our side. More importantly, we have shown our word means something and NO person from the community has ever been scammed.

In 2016, we re about to introduce a new roadmap with a lot of interesting elements. This roadmap requires funding and adding these reactors is an excellent opportunity to fund this road map and at the same time help people who buy them make extra money.  

As Cryptonit stated, NO member of the dev or core team will be allowed to get one of these reactor address, even though I would personally like to have one. But, rules are rules and we will follow them as always. Again, let me be crystal clear. We could have introduced this for selected group only but we re INTENTIONALLY putting aside our personal financial benefits in order to help DMD grow and in order for all of us to benefit from that growth.

That being said, I can understand part of the community cannot afford to buy the entire reactor address. So, team up. What is the problem with this?

The entire point of this post is to explain to people what great opportunity we have in front of us. We, the dev team, are NOT going to give up on Diamond so let us all make this joint effort to make DMD the best PoS coin there is. Instead of saying what cannot be done let us focus on what can we all do to make it happen. We re all DMD Diamond community and I consider lots of you here not only as members of DMD community but also as my friends. So, let us join our efforts and help DMD Diamond grow cause this what separated great crypto from the average one.
member
Activity: 65
Merit: 10
The reactor address will act kind of like a Bank's CD, higher interest rate.
If I understand what you are doing and the rest like normal savings accounts.
Banks require CD accounts, to keep their amounts in them for a preset time like 6 months or a year.
Adding something like that to the private reactor address should help with the unfairness concerns,
as the normal saving accounts (normal wallets) can do as they see fit in buying or selling, but at a reduced interest rate.
On your CD/reactor version either only allow withdrawals say every 6 months or place a limit on the amount that can be withdraw monthly ,
or some % of the total. Or add a penalty if the person wants to withdrawal more than the alloted amount , per time frame, just like a CD.
You could also stagger the withdraw dates for each address say a month apart, to avoid market saturation.
This should help alleviate some concerns.
Interested to see what is finally decided.
over 200 diamonds and countin , baby. Smiley
legendary
Activity: 1121
Merit: 1003
I also disagree with this proposed auction.

It isn't open to everyone.  It is open to rich people only.

I would suggest then to pony up .25 BTC with 11 other people to purchase a legendary staker.  At least you will have some DMD rolling in.
I'm in with 0.25 btc, who else is in? We just need 11 others to send in 0.25 btc each.
We have quite the debate here. Let's see we need 30 BTC. I suppose you could go 0.30 and have 100 people. But that seems a bit much for the number of people. You be nice to have 50 or less.. 30 maybe.. But I'm open to suggestions. I have a couple coins and although my income is very limited. Regardless, I have invested a fair amount..
Best regards
legendary
Activity: 1036
Merit: 1000
I also disagree with this proposed auction.

It isn't open to everyone.  It is open to rich people only.

I would suggest then to pony up .25 BTC with 11 other people to purchase a legendary staker.  At least you will have some DMD rolling in.
I'm in with 0.25 btc, who else is in? We just need 11 others to send in 0.25 btc each.
sr. member
Activity: 373
Merit: 250
I also disagree with the stake rate increase for these special addresses. Smells of unfairness


Edit: We also need a ton more details. How much were the 2 addresses sold for? What are the transactions for them? Make this transparent please. Are the others up for grabs at the same cost? How many DMD are given with these addresses?

legendary
Activity: 1414
Merit: 1013
DMD info: https://diamond-info.github.io/
I also disagree with this proposed auction.

It isn't open to everyone.  It is open to rich people only.

Is it bad that in the diamond will come 10 strong  investors?
How can the poor buyers to help this project right now?
As say Cryptonit all proceeds going to the further development of this project.
Is not it possible or you do not understand that this would only mean a further increase in the cost of DMD.

No one robs the poor of their daily bread.
The market is open to everyone and everyone can buy more diamonds.
legendary
Activity: 1504
Merit: 1002
I also disagree with this proposed auction.

It isn't open to everyone.  It is open to rich people only.

I would suggest then to pony up .25 BTC with 11 other people to purchase a legendary staker.  At least you will have some DMD rolling in.
legendary
Activity: 1231
Merit: 1001
I also disagree with this proposed auction.

It isn't open to everyone.  It is open to rich people only.
legendary
Activity: 1414
Merit: 1013
DMD info: https://diamond-info.github.io/
Apparently there are people who do not accept any initiative.
They just sit in the shade expect that the price will grow.
This is a very stupid behavior. But when they are opposed to the auction is just ridiculous.
In them  are fighting greed and stupidity  Cheesy
 Who wants that can take part in this auction, it is open to all.
I can only be glad for the fact that there are some ideas for the way forward.
legendary
Activity: 1504
Merit: 1002
of course the real top holders of DMD cryptonit, popshot, dandi, vagnavs and pokeytex will approve of this, it's in their best interest.
that leaves 6 more fools to destroy DMD with their greed.  Come on lets stick to the original plan which invited me to invest.  I am not into the banker mentality!. 

LOL - you think I am a "TOP" holder.  LMFAO....  Cheesy
legendary
Activity: 3052
Merit: 1053
bit.diamonds | uNiq.diamonds
By doing this u hurt all small DMD holders (less than top 10) I have mined and bought faithfully and u seek to drop the value of my coins


Will this affect the total number of DMDs to be issued or will this be included in the already agreed rollout?

over a year ago when we announced the original DMD Reactor idea
we already explained that there is a gap in coinrollout speed that allow us to run this
and keep all the coin specs regarding coinrollout speed and max coins at same level as it is now

the original idea got canceled and replaced with a DMD reactor lite (which did stake at normal rate)
because the technology to give the users private reactors wasnt existing at that time
and some people where against centralized higher stakerate solution

the new private reactor solution will be decentralized and each owner of one of the legendary 10
can send us his address we should add and noone beside him will have the private key


i know not many coins who stick so close and act very carefully with their coin rollout plan in mind as DMD Diamond

every holder of DMD mined or earned it the same way there is no difference
even mining started with a flat 1 dmd a block for 2 years so not even early miners had any advantage

there is nearly no coin out there with a more fair setup and same chances for everyone than DMD

same now everyone can bid for a legendary10

and if u feel its out of ur financial scope there was already a guy seeking partners to claim one together

is it unfair that 1kg gold is priced at 33000$ because not everyone can buy one?
its not
its nothing required for living
its luxury
and everyone pay the same price no matter of gender skincolour or religious believe

u own nearly 5000 DMD for a lot people this is luxury too
hero member
Activity: 630
Merit: 500
This is not a game of monopoly, u cant change the rules as it fits u. 
hero member
Activity: 630
Merit: 500
cryptonit

on what bitcoins will be spent after sale of these addresses?
this focus to improve something, but what exactly?


before the auctions of the other 8 legendary start we will provide a roadmap of dev goals 2016

i am excited about the plans we have and looking forward to present them in a proper way

Just like I said 2 of the "legendary" already bought rather than earned. 
This is a discredit to the whole bitcoin concept.  By doing this u hurt all small DMD holders (less than top 10) I have mined and bought faithfully and u seek to drop the value of my coins by raising interest for a few elite! unacceptable.  U will have to hardfork wallet.
legendary
Activity: 3052
Merit: 1053
bit.diamonds | uNiq.diamonds
cryptonit

on what bitcoins will be spent after sale of these addresses?
this focus to improve something, but what exactly?


before the auctions of the other 8 legendary start we will provide a roadmap of dev goals 2016

i am excited about the plans we have and looking forward to present them in a proper way
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