Topic: [ANN] ¤ DMD Diamond 3.0 | Scarce ¤ Valuable ¤ Secure | PoS 3.0 | Masternodes 65% - page 591. (Read 1260677 times)

utahjohn i guess u dont care what i would love to see

but in case u do

please try to not attack pools cloud investors reactor contributors devs cats cows and flies

enjoy ur free time as early retired i guess there lot other hobbies u enjoy too beside crypto and special dmd

Cryptonit - for escrowing for me I would like to send you a little tip.  Please post an address or can I use the one I sent hallared's payment to?

We must not forget the great investor who sold his gold, drove the market price to 0.00078 in a buying frenzy and now sits licking his wounds as the price has normalized. 

Thank you Hallared/Cryptonit for helping facilitate the transfer of 403 mining shares to me.  Both of you are a trust worthy bunch.  I look forward to my new shares.  Please find the transaction ID below.  Once completed I will leave positive trust feedback for both of you.

Status: 4/unconfirmed, broadcast through 8 nodes
Date: 2/7/2015 16:32
To: 403 Cloud Mining Shares - Hallared - Escrow Cryptonit dJSixQBFqv8D3dGCZmRWMwjzieYEWp2EuV
Debit: -2350.00 DMD
Transaction fee: -0.001 DMD
Net amount: -2350.001 DMD
Transaction comment:
text:403 Cloud Mining Shares - Hallared - Escrow Cryptonit
Transaction ID: b4a731cada47d54a5b82dbe4fb660d857bbcce4f94d6e518658df5edd6d99c29

Cryptonit please transfer 403 cloud mining shares to my address: darrnyqFMDJ13LKbgkkWMbhh7RA3rK5SyF

Thank you,

pokeytex

Hey Diamond community,


Just to make you aware that the book called Cryptocurrency "The Alt-ernative" is now on Amazon.  Diamond is in the book

I give up, in this day and age of computers, complaceny is rampant.  It seems to me when u have a calclulator or computer that a simple math problem where 1.0 - 1% = 0.99 could be solved.  I'm sure both Danbi and Popshot would also say yes the 0.05 foundation fee is not to be taxed but paid direct.  The I don't care attitude doesn't cut it with me, I grew up in a age when the value of a $ was understood.  So go ahead and lose a tiny amount mining at an incorrectly configured pool.  Note I have never discounted Danbi or his pool only informed when problems occured such as frontend down which others can not recognize.  It's not his fault MPOS is broken and pretty much abandoned, same is true of NOMP but at least there is a large user group to patch it up.   

NO Electricity Bills                                
  NO Maintenance                                    
    NO Heat                                                
      NO Noise                                              
        NO Timesink                                        
          NO Complicated technology                
            NO Quickly decreasing mining rewards

Join DMD Cloudmining
     -> EARN DMD EACH DAY!
                    
                   YES!

(additional DMD Cloudmining shares qualify for DMD Reactor payouts!

Visit us:  cloudmining.bit.diamonds
for terms & conditions Email us: [email protected]
      


What's the best way join into DMD Diamond and DMD Cloudmining?

I suggest split it as follows:

 a) 50% on buying Diamonds directly
 b) 50% in Diamond Cloud Mining.

 This way I could achieve both maximizing the profit and stabilizing the coin.
 Diamond Cloud Mining can earn Diamonds every day, those Diamonds stake with 50% PoS interest.
 Some would call that Double PoS or simply PoS² (Proof of Shares and Proof of Stake).

I am not a Registered Investment Advisor, Broker/Dealer, Financial Analyst, Financial Bank, Securities Broker or Financial Planner. The Information is provided for information purposes only. The Information is not intended to be and does not constitute financial advice or any other advice, is general in nature and not specific to you. Before using this information to make an investment decision, you should seek the advice of a qualified and registered securities professional and undertake your own due diligence. None of the information is intended as investment advice, as an offer or solicitation of an offer to buy or sell, or as a recommendation, endorsement, or sponsorship of any security, Company, or fund. DMD Diamond is not a regulated investment vehicle. DMD Diamond, like all crypto currencies, is experimental in nature and should be considered and treated with appropriate caution. There is no central point of control or representative entity, DMD Diamond is a distributed decentralized peer-to-peer currency and commodity. Consult a licensed professional financial advisor before making any investment decisions. I am not responsible for any investment decision made by you. You are responsible for your own investment research and investment decisions.

we still seek more contribution to this project:

DMD Reactor "light"

This need no wallet code change it give the reactor no advantage over normal wallets
it support network with a very big 24/7 staking wallet and it support dmd cloudmining with 70% of its POS earnings
(30% of its pos earnings stay in reactor to slowly increase its size same as all DMD cloudmining investments follow this 70/30 rule)

there are two ways how people can take part at Reactor
both ways and the whole project have to be seens as longterm support of the main stabilisation mechanism
for already big cloudmining shareholders who hold a lot DMD option 1 is ideal

for new (or people without dmd cloudmining shares) investors a 33/33/33 split between
buy DMD for ur wallet
buy dmd for reactor option1
buy DMD for reactor option2 or invest BTC for cloud shares
might be interesting

option 1. contribute

lend dmd for 12 months to reactor and get nothing in return
beside the additional DMD from reactor staking that ur existing dmd cloudmining shares qualify u
(but people who dont lend and have cloudmining shares would profite too from reactor)
at end of 12 months foundation will offer u a bounty to leave them in reactor for other 12 months
or u decide against it and get ur coins back

option 2. invest

ur dmd actual $ value value will be converted into dmd cloud shares 1:1
this dmd u will never get back they stay in reactor forever
but the cloudmining shares u keep and so the dmd cloudmining earnings


both options are not great investment opportunity but supportive act for dmd cloudmining

same in other words:


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

for now we have "lend" coins option 1

30k helmut/cryptonit
10k alex/popshot
2.5k anonymousG
2.5k chilo
1.5k Eliano
5k anonymousA


and invested coins option 2

2.5k anonymousG
1.5k anonymousJ
1.5k big_coins
1k chilo
1k anonymousI
2k anonymousA


--------------------
total 62k


(we only accept coins send to us once its clear we launch it
the trigger value that we make it will be somewhere around 50k but goal still come as close as possible to 100k)

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

thx to all who contribute!

how about reading hallareds posting again he detailed explained how total correct calculation can lead to different results

but in my opinion it just doesnt matter at all

0,95% 1% or 1.05% pools fee that make nearly no difference at all

in my opinion if pool fee difference between pools is 0,25 +/-  against each other
dont consider the fee as the point why u choose one or another pool

all other points seems to be importnat to me
first of all do i trust the pool operator

example danbi pool might had troubles at the past but its always solved in a way everyone get what is his

still i dont mine at danbi i mine at miningfield eu

because at the time when he started he needed support to establish his pool
and i had no issue at all there so why leave

i would have considered donkeypool for startup support too
if it would be a eu pool and if the webside would use a default http port

over all trust in stability opf a pool have much more impact than 0,05 fee difference
because on a nvidia ccminer based mining rig u have no backup pool settings
a night on a dead pool cost u much more than the higher fees in a few months

Since when does 98.95% = 99% (Not in any math I know of)  Bottom line is miners are being shorted.
The 0.05 that goes to the foundation directly which u never see as part of reward.  You are not entitled to ANY % of that, it is skimmed off the top.   

And you seem to miss my point entirely. There are many ways to calculate things. Your way is not the only way.

U seem to miss my point entirely.  Take a look at the block again.
0.9895 DMD is going to the pool to be distributed not 0.99 if the 1% fee was calculated correctly.
To give another example.  How much do you receive solo mining, exactly 1.00 DMD (unless block has added transaction fee for faster processing)

There are many ways to calculate things, not only to first substract a percentage and then continue to substract another percentage from this new value. This procedure could get seriously wrong if one is not aware of what to calculate the percentage from. For example lets say that me and my business partner managed to earn 1000$. Lets also say that we decided to reward ourselves with 20% each and keep the rest inside the business. So I would first get 20% of 1000$, that’s 200$. Then my business partner would get 20% out of the remaining 800$, that’s only 160$. My business partner would certainly be very unsatisfied with the correctness in this calculation. Instead both of our 20% rewards should be calculated from the original value of 1000$, that way we both get 200$.

Therefore the final result depends on how one decide to perform a calculation and what value to use to calculate a percentage from. Regarding fees one can choose to substract 4.761904761904…% from the 1.05 block reward (that’s the equivalent of 0.05 to Foundation) and then take 1% of what’s left in fee. Or one can choose to calculate both the 4.761904761904…% to Foundation and the 1% fee from the original value of 1.05 block reward. Independent of choice, both calculations are mathematically correct. The only way to determine if a specific calculation is correct or not is to verify its veracity by applying the same mathematical procedure utilized by the original implementer.

No need to feel insecure. As far as I can see, everything s going according to the plan.

Nice, now we have a goal, we all sell once 1 DMD reaches 100 euros.

What a dump is that going to be. ))))

You have no idea how much I am glad danbi's pool is not the only functional pool for DMD.
Being responsible for your profits is a great burden on me. Not sure many understand.

I am working on the wallet code, and it indeed needs a lot of work. You guys are happy your pools are smaller, and don't encounter the fringe cases that danbi's does (and I need to spent lots of time and personal coins to fix it). But, in my understanding these are "my" bugs and therefore my problem.

Wow, I didn't know why I never was tempted to sell even one of my DMD.

You just gave me an explanation. But, since I live in Europe, my mark would be 100 EUR.

what we are now is a nice coinrollout plan with fair distribution

but our real success will be based on the new stuff that comes
and not some bitcoin v1 hybrid pow pos code with cloud buy pressure

what u see now is just the basic layer of a full bitcoin v2 empowered code
with assets and smart contracts and apps hosted on top if it

that will be diamond v3

i did give so many hints in the past in my opinion
it should be clear already for every follower

dmd team is working  hard to get this done
but i guess its clear we not talking about a few weeks project
instead we talking about a few months

but still supportive stuff thats going on already like dmd cloud and reactor shouldnt be seen as unimportant
its all pieces of a puzzle that in the end will be dmd v3

When the going is tough, the tough keep going.

cryptonit, popshot and co, you are doing a great job. Your ideas, plans and vision will make the success of DMD.

Constructive criticism is also to be welcomed, and can assist in viewing ideas from other perspectives and possibly avoiding potential pitfalls. Unfortunately some of the plainly negative commentary is unnecessary, and does not assist in promoting DMD as a valuable and longterm asset, and only serves to deplete the morale of those most supportive of DMD ie the devs.

We need to keep the discussion moving, and support the foundation in making the right decisions even when this requires criticism. It does not need to come with derision and innuendo regarding the trustworthiness of the dev team. I have never heard of anyone being unfairly dealt with by the DMD team, and I have done a lot of research.

Keep the ideas coming.

Kind regards

chilo