Topic: [ANN] ¤ DMD Diamond 3.0 | Scarce ¤ Valuable ¤ Secure | PoS 3.0 | Masternodes 65% - page 562. (Read 1260677 times)

Ah, nice. Very informative. In other words, your recommendation is close down the shop and run away???
That is your proactive suggestion.

I have always liked internet trolls of your type. You guys spit on everything without any sane suggestion how to improve stuff. Everything s catastrophe, everything is doom, and nothing works.

Well, I have news for you.

I WILL NOT GIVE UP ON DMD DIAMOND REGARDLESS WHATEVER YOU SAY, POST, LINK, PUBLISH or FABRICATE. I am sure the team and most of the community feels the same way.

Now, let me repeat this once more as it seems you need some time to figure this one out.

I WILL NOT GIVE UP ON DMD DIAMOND REGARDLESS WHATEVER YOU SAY, POST, LINK, PUBLISH or FABRICATE.

What? Once more? It is my pleasure.

I WILL NOT GIVE UP ON DMD DIAMOND REGARDLESS WHATEVER YOU SAY, POST, LINK, PUBLISH or FABRICATE.

Just let me know if you need more clarifications. I am always glad to help out.

Fact there was no payout from DMD Cloudmining Report February 2015:
there no reinvest shares for February distributed because the payment didnt arrive from AMHASH1

Would you do that?
The Question is , Why do you keep falling for each addition to the DMD Ponzi scheme that gets added?

Fact: Contract said reinvestment would only be 30%, now less than 6 months later it needs to be 50% .
After a year it will be 100% , because cloud mining is a failure , check out anyone that used CEX.IO for more than 4 months. Cloud Mining loses money, it is not a limitless supply as you are being told.
If you do the math, and the increase in difficulty, POW mining loses money every 2 weeks, that is Fact.
You never get out what you put into it. Only the original bitcoin guys made a lot of money.
Cloud mining shares are for rubes, because if it was profitable, they would just mine it themselves.

Well, each one of you s got sufficient info and can decide on its own.

DMD s still here - FACT
DMD cloud mining s here, operational and generates dividends for you - FACT
DMD Reactor is here, operational, generates dividend which are paid out twice a month. - FACT
DMD reward reduction is almost here, about 3 weeks away. - FACT

Senseless bullshit of forum trolls based on doomsday theories s fun to read but not supported by facts. Not to mention that 99% of them ve got some personal agenda in trolling DMD. Why else would they spend time and energy BS day after day. Would you do that?

Above Cryptonit own words.

All of you Dmd investors , Are You Double Happy Now???

LMAO

All of you that believe in DMD Team so much,
let me save you some time

end result diamond coin has no value,
Cloud Mining Fails , or already has
No money from shares,
Reactor Funds somehow stolen
Anyone that questions, is ignored.

DMD Team , why not just change the contract so the people just send you a check every month
for nothing except your happy thoughts , because that is all that is happening now.

I am all for 50% reinvest when it is explained like that.  Makes much sense. - pokeytex

Don't dump - I will buy them directly and give you 1000 satoshi each?  Why settle for 100?

do u think we are in the sell zone now?

read this and think if its time for buy or sell now  
http://www.investopedia.com/articles/financial-theory/08/contrarian-investing.asp



update:

i just want to clarify
trading doesnt generate money
it shift money

so if someone earn from trading someone else must lose......

basical in the situation now when we are at a value low
its the people who sell which generate the win for the people who buy that win

never sell when low
never buy when high

easy rule
the art involved in trading is to be able dedect what is low and what is high

i dont want to promote daytrading
i just wana explain how it works
and if u belive in DMD its always the best to take not part in daytrading
and keep ur coins at home generate POS interest

the change is not only driven by amhash but mostly by analysis of the past 6 months
our aim always was to create a invest once and then ur investment should be able renew its earning power by itself

and this would have worked in august 2014 with 30% reinvest but this need now march 2015 50% reinvest

so its not a rush driven by amhash
just amhash make it more visible

Let me try to clarify this, after all this was partially my suggestion, to preserve profitability of the cloud and ensure its sustainability. I do this on my private cloud mining investments and it has been working so far.

According to calculations based on current and expected difficulty growth, it takes minimum 50% reinvestment of monthly payouts to preserve our payouts level.

What does that mean?

For example, if you have 20 THs hash purchased from a specific cloud mining company and they generate 0.1 BTC per day. Mining difficulty adjusts twice a month, roughly 3.5% per adjustment, that is 7% in total on a monthly basis. This means we need to buy 7% of new hash every month only to be able to MAINTAIN the same payouts we ve been having so far. 7% on 20 THs is 1.4 THs. In order to purchase 1.4 THs new hash to maintain profitability we need to spend between 1.2 and 1.8 BTC, depending on efficiency of the miner, on average 1.5 BTC. Let us get back at the beginning, if our 20 THs makes 0.1 per day, that is 3 BTC per month and we need 1.5 BTC to keep the pace with the rising difficulty, so we need to reinvest 50% of our payments received.

Again, this is simplified example but I wanted to show that we are transparent here and the only reason why I have suggested this is to preserve profitability of the cloud. Mining difficulty is very hard to estimated but I feel 7% monthly adjustment is something we should go for ATM. Since we actually reinvest 50%, in case monthly difficulty is below 7%, we will have our hashing power ENLARGED and by doing so, we will all have slightly better payouts.

In case we do not do this, our payouts will decrease month after month due to the fact that we might be able to compensate difficulty increase only partially and it s going to eat into our initial investment until it devalues it completely.

Cloud mining business is extremely competitive and we must find a way to stay in the game. I suggest we support option 2 as a community. As you can see, DMD team has always been transparent and we have always made our decisions together. In case someone s got some alternative option, I would really like to discuss it.

You are  consider yourself a money bag, which can strongly influence the market? 
If you decide to lose their diamonds out of it then they will quickly find its new owner.

If I dump 3-4000 DMD will shine at 100 satoshi

Give AMHash a chance. What is the approximate time we can continue to run at this pace? If it is months, then why the rush?

I simply don't understand why reinvesting 50% rather than 30% will suddenly make cloud mining profitable.  Maybe I'm ignorant but following current and past cloud mining analytics appears to me to be an unprofitable venture.  I know I personally would not deposit anymore BTC into major cloud mining websites for own BTC wallet, so I certainly wouldn't consider it a good idea for DMD.


Yes, this is unfortunate.  But that is why you're asking us to voice our opinions, which is a good idea.  The only way to change the contract would be for both parties to decide on the change mutually.

We all have different opinions so discussion is good.  My suggestion is to stick to the contract to avoid potential legal action by angry cloud share holders.

we started the project and designed the contract ruleset in august 2014

at a time when cloudmining at all companies was in a much better state then now

so back then the 30% reinvest was a good plan and im no lawyer so i didnt find the right words in contract that would make the reinvest part flexible and adapt to the state of cloudmining business


environment changed in 2015

i full understand ur point about contract

there would be option 3 and i think noone love that one

that we create a DMD CLoudmining V2 with new ruleset
and let DMD Cloudmining V1 run at old ruleset

this would lead clear in a state where only V2 would attract new investors

majority of V1 shareowners would be against such a solution i guess

im open for suggestions

but its not double or nothing as u said with ur try to compare with black jack

its simple mathematic

under actual cloudmining conditions with investments only in serious companies u wont be able conserve earning power with only 30% reinvest

if we change to 50% and things get better what would happen?

that our reinvest not only counter loss of earning power but additional increase it

i dont think that would be a bad sideffect

I'm opting for option two.


As someone has already mentioned, keeping operation going in this adjusted mode will ensure the cloud will be in better shape after the crisis than if it carried on without it.  

I have to say that I'm not okay with a change in the reinvestment amount.  Simply stated in the infamous phrase "a contract, is a contract, is a contract."

Reinvesting more during a period of loss is akin to doubling down on the blackjack table after a major loss.  It's an unnecessary risk in my opinion and it defeats the purpose of the so often advertised "DMD cloud mining."

I hate to play devil's advocate, but this is truly how I feel -- especially considering we have a standing contract in place.

we would update terms of service document and send this to all shareholder as update

what ever works cryptonit .. im ok with 50% reinvested... do you think a new contract should be reissued?? i dont know if its mentioned how much % where to be payed

Personally, I still do not consider Amhash as a lost cause. Based on info from Asicminer, one of two companies behind Amhash, they are considering options to compensate their investors. Will this actually happen and when, we should know during the next week or so.

So, business as usual, just we need to consider reinvesting more to be able to provide sustainability of the cloud. I do it this way for all of my personal cloud mining investments and this is a very prudent thing to do.
Actually, let me correct that previous line, it is THE ONLY thing to do having in mind sustainability of the cloud.

we are always good for a story  

in the end the diamond will shine bright everywhere