Naemnik 2,488,416 kh/s
Could this possibly be a groestl asic on Danbi's pool? That is insane hash power....
I quit buying till.... market normalize again ... doing fine staking
I'm with you utahjohn, think this is a supply side problem atm. Lets hope things change early next month.
chilo
C'mon guys/gals quit supporting these pumps by refusing to buy, defeat them, sellers WILL lower price if buy walls removed. If u are a true DMD investor u will support this initiative because u want to HOLD more DMD and stake than just mine-the-F out of it and dump DMD. Immediate-Profit only miners will see this and drop mining DMD when their immediate cash-out is not profitable, DMD diff will drop back
It's just stupid to try to cash out before the reward reduction, u will get 8-10x cash out when it happens, huge PnD will occur, do not get sucked into them
I'm waiting for the price to DROP, buy more (still mining HOLD only). I'm looking for the LONG term reward which coin-mechanics were designed for
utah - I have some low 60's buy walls set up. Why would I want to remove them? Help me to understand? Is it that you want it to go below 60 again? Does the community agree with this? Please advise.
YES! by doing this the dumper only mindset will GTFO and we few who actually care to invest long term will be able to buy again. I quit mining other coins for BTC and buying DMD because I can do better mining direct ...
I have a feeling DMD will fall hard if price increase too sharply, many will simply stop buying like me and just hold coins, rarity increases, what happens when buy pressure goes away (I won't cloudmine, all this does it drive price ever higher and has negative impact on investing) I predicted the fall of cloudmine months ago, I can look for my post but un-needed, couldmine buy strategy needs work
utah - regarding cloud mining - here is the only flaw I see with that. The constant buy pressure is there no matter what. If the DMD price is high we buy less DMD's if the DMD price is low we buy more DMD's. It all dollar cost averages out over time. When you mine direct, cloud mine, and purchase = best investing possibilities. IMHO.
This proposed cloudmine buy strategy I proposed months ago is to MATCH
not outbid current BUYERS, still providing constant buy pressure from the cloud. And by doing it this way it does not interfere with other buyers. There is no rush to fill orders as u well know, the do it now mindset is only one affected by this strategy, thus not feeding foolish dumpers who take an immediate loss just by doing buying at current high sell price and cloud eating up sell orders until buy quota is met ...
The goal of cloudmining is to provide buy support right, my strategy still does that, just without artificial inflation ...
Sure it might take a day or more for orders to be met and additional work on cloudmining which is the dev's job to account for these changes in the coding, but benefits both cloudmining investors and direct miners and direct buyers by not being a hostile entity competing with them BANG.
I would rejoin cloudmining if this strategy implemented but for now ...
