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Topic: [ANN] ¤ DMD Diamond 3.0 | Scarce ¤ Valuable ¤ Secure | PoS 3.0 | Masternodes 65% - page 712. (Read 1260677 times)

full member
Activity: 196
Merit: 100
For the benefit of medical research
Quote from: Rainer4256

Good idea! And the fees should support the developers. I wouldn't work for nothing.

This is what I'm talking about. anonymity is not bad, especially since the user will have a choice. And developers will have an extra reward when anonymous transactions.
Now even in the banking payments there is a notion of anonymity. It is of course in many cases is a mere formality, but for the service people are always willing to pay top.
P.s a good practice on the part of developers, it would be to organize the voting on a official forum for this opportunity. would immediately be seen how many people are ready to support such an idea.

I think this is going to win the voting.
legendary
Activity: 1414
Merit: 1013
DMD info: https://diamond-info.github.io/
Quote from: Rainer4256

Good idea! And the fees should support the developers. I wouldn't work for nothing.

This is what I'm talking about. anonymity is not bad, especially since the user will have a choice. And developers will have an extra reward when anonymous transactions.
Now even in the banking payments there is a notion of anonymity. It is of course in many cases is a mere formality, but for the service people are always willing to pay top.
P.s a good practice on the part of developers, it would be to organize the voting on a official forum for this opportunity. would immediately be seen how many people are ready to support such an idea.
full member
Activity: 196
Merit: 100
For the benefit of medical research
Quote from: Rainer4256

Your statement is absolutely right. I'm in the same situation as you. Most of us have heard these phrases day by day. I will stick to this coin for a while and then decide what to do.

Promises won't help. People want anon features and a slick wallet so give it to them. Although we all know anonymity is a fairy tale.  Grin
In fact, the anonymity should be as a separate option, which would take additional commission for the transaction. This approach will ensure the interests of all parties. Everyone will have the choice to use a transaction, it is common (with a minimum commission) or anonymous users will have to pay extra for it.

Good idea! And the fees should support the developers. I wouldn't work for nothing.
legendary
Activity: 1414
Merit: 1013
DMD info: https://diamond-info.github.io/
Quote from: Rainer4256

Your statement is absolutely right. I'm in the same situation as you. Most of us have heard these phrases day by day. I will stick to this coin for a while and then decide what to do.

Promises won't help. People want anon features and a slick wallet so give it to them. Although we all know anonymity is a fairy tale.  Grin
In fact, the anonymity should be as a separate option, which would take additional commission for the transaction. This approach will ensure the interests of all parties. Everyone will have the choice to use a transaction, it is common (with a minimum commission) or anonymous users will have to pay extra for it.
Diamond should be the most elaborate coin. Surely the community wants that investors would pay attention to it.
full member
Activity: 196
Merit: 100
For the benefit of medical research

I have seriously mined LTC, VTC, DGC and DMD and I have dabbled in a few other coins.  I have heard the same arguments with all of these coins.  As the price goes down some supporters advise loading up at low prices while the skeptics ask what is going to happen to make their coins more valuable. 

This seems to be a fairly constant pattern.  When I first started mining LTC, about 25 LTC equaled 1 BTC. Today, its 97 LTC to one BTC and BTC is about 60% of the price it was then.  The same is true for the other coins.  The more I mined, the less the coins were worth and the supporters of the coins insisted the value would go back up.  The skeptics, including myself kept asking why?  With difficulties increasing and prices decreasing those who mine are falling further behind.  I believe ASICs have actually hurt the crypto markets because they have driven out large numbers o interested miners wo did not want to make huge investments in the technology but wanted to support the notion of an alternative currency.  I think this is one reason why VTC has done better than other coins even though its value has dropped significantly too.

I continue to mine DMD because of the efficiency of the algorithm.  It takes less energy to mine DMD so I get the most hashing power for the same electricity.  DMD mining software has improved too.  My ash rate is more than double what it was when I first started mining and I haven't added any new hardware.  Yet me energy requirements have only increase a few percent.  But at the current price of DMD, even with the efficiency and optimization, my mining is not cost effective.  The break even point gets farther away as the difficulty increases. I continue to mine because I still hold out hope the this coin will survive the inevitable flush out of most of the coins that are mined today.

The only thing that will drive up the price of DMD is interest.  People need to want DMD for some reason and it has to be more than just those of us who mine this thing.  Mining and investment alone are not going to work in the long run.  It has to be backed by commerce and demand. 

Your statement is absolutely right. I'm in the same situation as you. Most of us have heard these phrases day by day. I will stick to this coin for a while and then decide what to do.

Promises won't help. People want anon features and a slick wallet so give it to them. Although we all know anonymity is a fairy tale.  Grin
full member
Activity: 196
Merit: 100
For the benefit of medical research

without any question DMD is not a mainstream coin with very big community
but there is not even enought diamonds for them all  Cool

DMD Diamond is still a insider tipp a coin that is in its early coin rollout phase

that alone is sign enought were the difference is
we not even finished first coin rollout phase and thats in over one year

in that timeframe coins born lived and died multiple times......

diamond is here to stay

active development
loyal community
short time price disturbance was expected after so long troubles with cryptsy

but once cryptsy opened the door everyone did again stick with it
so we cant build up easy a second exchange

your question if i would invest in DMD is a bit unfair

i have insider knowledge that make it much easyer for me to answer with YES!

u are limited to the public infos and have to decide by that

but even then i would say there are 2 reason to invest

first:
its possible reach insane gains if u invest into DMD at this all time low

Quote
something to think about:

where u can have greater gains?
if u invest now in already high value coins
if u invest now in undervalued coins with high potential

if u invest your money to buy 1 BTC
what do u think its value will be in a year?
500$ 1000$ 10000$ 18000$ (which would be x30 in a year) or even more?

if u invest 1 BTC into dmd
only if they reach a value it already had before
u like 30x ur investment
and diamond have potential to go beyond!

what have higher possibility to happen in next 12 months?

BTC at 18000$ (18 times higher than its all time high) or DMD at 0.0045 (which is equal to its all time high)

and the effect add up it could be BTC value raise and DMD at 0.0045 so u gain double.............

edit:
and did i tell ya already all ur DMD will increase themself 50% in numbers if u hold them 1 year in ur wallet by POS minting....

so lets play a numbers game:
u invest 1 BTC (value like 500$) to buy DMD now lets say u buy at 0.0002 thats
5000 DMD

in one year lets say 1 BTC value is 1500$ and DMD is at 0.005 (both a bit over all time high)
and by POS ur 5000 DMD did increase to 7500 DMD

so how much more $ value u have now?
7500*0.005= 37 BTC x 1500$ =
$ 56250

thats ideal and if lot things develop different it will be a bit less (but could also be more...)
but basical u risc 500$ for the x100 chance and the possibility that 500$ reduce to nothing is very slim with diamond
worst case after a year u sell them for a few hundred dollar again if it didnt work out the way that we all hope....

second:
u trust in people
real people with real names
long very active at btt
never jumped between coins just stay with their project through any up and down


Thank you for your statement.

Quote
but there is not even enought diamonds for them all

There are always enough coins for everyone. It's just a matter of prize.

Quote
i have insider knowledge that make it much easyer for me to answer with YES!

Maybe YOU have. But new investors probably have not.

Quote
short time price disturbance was expected after so long troubles with cryptsy

What makes you sure that their issues won't continue?

All in all I like this coin but I got burned too many times before so I will be careful even with DMD.

A multipool which doesn't payout for a while is keeping coins from staking so the miners lose money.
legendary
Activity: 3052
Merit: 1053
bit.diamonds | uNiq.diamonds

As I understand there are things in the works. But I'm not aware of what major things that we have coming up.

I'll be looking to make some silver hard/cold wallets in the future for DMD

thats the spirit!

whole diamond foundation team work without any payment for diamond success
and that is because success of diamond will be success for us
(and u all know there was no premine so we bough/mined our coins like u)


and u as community
u can do the same!


sr. member
Activity: 416
Merit: 270
What does a new investor see when he is interested in DMD?

He sees a lately not very active community.

He sees a prize which went down by 30% within the last week.

And he sees a multipool which depends on only one exchange and is not able to payout because this exchange has ongoing issues.

Would YOU invest in such a coin?

P.S. Don't get me wrong: I'm invested in this coin and interested that it succeeds.

As I understand there are things in the works. But I'm not aware of what major things that we have coming up.

I'll be looking to make some silver hard/cold wallets in the future for DMD

I have seriously mined LTC, VTC, DGC and DMD and I have dabbled in a few other coins.  I have heard the same arguments with all of these coins.  As the price goes down some supporters advise loading up at low prices while the skeptics ask what is going to happen to make their coins more valuable. 

This seems to be a fairly constant pattern.  When I first started mining LTC, about 25 LTC equaled 1 BTC. Today, its 97 LTC to one BTC and BTC is about 60% of the price it was then.  The same is true for the other coins.  The more I mined, the less the coins were worth and the supporters of the coins insisted the value would go back up.  The skeptics, including myself kept asking why?  With difficulties increasing and prices decreasing those who mine are falling further behind.  I believe ASICs have actually hurt the crypto markets because they have driven out large numbers o interested miners wo did not want to make huge investments in the technology but wanted to support the notion of an alternative currency.  I think this is one reason why VTC has done better than other coins even though its value has dropped significantly too.

I continue to mine DMD because of the efficiency of the algorithm.  It takes less energy to mine DMD so I get the most hashing power for the same electricity.  DMD mining software has improved too.  My ash rate is more than double what it was when I first started mining and I haven't added any new hardware.  Yet me energy requirements have only increase a few percent.  But at the current price of DMD, even with the efficiency and optimization, my mining is not cost effective.  The break even point gets farther away as the difficulty increases. I continue to mine because I still hold out hope the this coin will survive the inevitable flush out of most of the coins that are mined today.

The only thing that will drive up the price of DMD is interest.  People need to want DMD for some reason and it has to be more than just those of us who mine this thing.  Mining and investment alone are not going to work in the long run.  It has to be backed by commerce and demand. 
legendary
Activity: 1652
Merit: 1057
bigtimespaghetti.com
What does a new investor see when he is interested in DMD?

He sees a lately not very active community.

He sees a prize which went down by 30% within the last week.

And he sees a multipool which depends on only one exchange and is not able to payout because this exchange has ongoing issues.

Would YOU invest in such a coin?

P.S. Don't get me wrong: I'm invested in this coin and interested that it succeeds.

As I understand there are things in the works. But I'm not aware of what major things that we have coming up.

I'll be looking to make some silver hard/cold wallets in the future for DMD
legendary
Activity: 3052
Merit: 1053
bit.diamonds | uNiq.diamonds
What does a new investor see when he is interested in DMD?

He sees a lately not very active community.

He sees a prize which went down by 30% within the last week.

And he sees a multipool which depends on only one exchange and is not able to payout because this exchange has ongoing issues.

Would YOU invest in such a coin?

P.S. Don't get me wrong: I'm invested in this coin and interested that it succeeds.

without any question DMD is not a mainstream coin with very big community
but there is not even enought diamonds for them all  Cool

DMD Diamond is still a insider tipp a coin that is in its early coin rollout phase

that alone is sign enought were the difference is
we not even finished first coin rollout phase and thats in over one year

in that timeframe coins born lived and died multiple times......

diamond is here to stay

active development
loyal community
short time price disturbance was expected after so long troubles with cryptsy

but once cryptsy opened the door everyone did again stick with it
so we cant build up easy a second exchange

your question if i would invest in DMD is a bit unfair

i have insider knowledge that make it much easyer for me to answer with YES!

u are limited to the public infos and have to decide by that

but even then i would say there are 2 reason to invest

first:
its possible reach insane gains if u invest into DMD at this all time low

Quote
something to think about:

where u can have greater gains?
if u invest now in already high value coins
if u invest now in undervalued coins with high potential

if u invest your money to buy 1 BTC
what do u think its value will be in a year?
500$ 1000$ 10000$ 18000$ (which would be x30 in a year) or even more?

if u invest 1 BTC into dmd
only if they reach a value it already had before
u like 30x ur investment
and diamond have potential to go beyond!

what have higher possibility to happen in next 12 months?

BTC at 18000$ (18 times higher than its all time high) or DMD at 0.0045 (which is equal to its all time high)

and the effect add up it could be BTC value raise and DMD at 0.0045 so u gain double.............

edit:
and did i tell ya already all ur DMD will increase themself 50% in numbers if u hold them 1 year in ur wallet by POS minting....

so lets play a numbers game:
u invest 1 BTC (value like 500$) to buy DMD now lets say u buy at 0.0002 thats
5000 DMD

in one year lets say 1 BTC value is 1500$ and DMD is at 0.005 (both a bit over all time high)
and by POS ur 5000 DMD did increase to 7500 DMD

so how much more $ value u have now?
7500*0.005= 37 BTC x 1500$ =
$ 56250

thats ideal and if lot things develop different it will be a bit less (but could also be more...)
but basical u risc 500$ for the x100 chance and the possibility that 500$ reduce to nothing is very slim with diamond
worst case after a year u sell them for a few hundred dollar again if it didnt work out the way that we all hope....

second:
u trust in people
real people with real names
long very active at btt
never jumped between coins just stay with their project through any up and down
newbie
Activity: 57
Merit: 0
What does a new investor see when he is interested in DMD?

He sees a lately not very active community.

He sees a prize which went down by 30% within the last week.

And he sees a multipool which depends on only one exchange and is not able to payout because this exchange has ongoing issues.

Would YOU invest in such a coin?

P.S. Don't get me wrong: I'm invested in this coin and interested that it succeeds.

Ouch.

I'm having problems with Cryptsy too. I transferred BTC from mintpal to Cryptsy last night and has over 80 confirms in blockchain already but is no where to be seen at Cryptsy. Network Admin says specific wallet affected and I say doesn't take this long to sync and Network Admin says need to import keys. It is Sunday here already I'll probably be waiting for at least Tuesday to spend my BTC. I'm sure a few coins will see a jump in spending in 1-2 days time.
full member
Activity: 196
Merit: 100
For the benefit of medical research
What does a new investor see when he is interested in DMD?

He sees a lately not very active community.

He sees a prize which went down by 30% within the last week.

And he sees a multipool which depends on only one exchange and is not able to payout because this exchange has ongoing issues.

Would YOU invest in such a coin?

P.S. Don't get me wrong: I'm invested in this coin and interested that it succeeds.
hero member
Activity: 630
Merit: 500
@popshot
shutting off my pool, not making enough to pay for itself electric wise.  Will continue to work on a NOMP multipool paying in DMD when I have time, sorry Sad

No worries utahjohn, there will be more people willing to mine once the price returns to sane level; at least now you will have a pool ready to fire up when the right time comes.

Thanks for your efforts.  Wink

Yep, less pressure to build the U/I now, got a working base to start with Smiley
Also got a multi-coin X11 pool ready, working on auto-convert to BTC then to DMD ... Not much out there open source available to start with, and I need Deposit/Withdraw API's for useCryptos's.
hero member
Activity: 774
Merit: 554
CEO Diamond Foundation
@popshot
shutting off my pool, not making enough to pay for itself electric wise.  Will continue to work on a NOMP multipool paying in DMD when I have time, sorry Sad

No worries utahjohn, there will be more people willing to mine once the price returns to sane level; at least now you will have a pool ready to fire up when the right time comes.

Thanks for your efforts.  Wink
hero member
Activity: 630
Merit: 500
@popshot
shutting off my pool, not making enough to pay for itself electric wise.  Will continue to work on a NOMP multipool paying in DMD when I have time, sorry Sad
legendary
Activity: 3052
Merit: 1053
bit.diamonds | uNiq.diamonds
our community is great!
we shouldnt waste such a power
lets work on a new goal
please throw in ideas
legendary
Activity: 3052
Merit: 1053
bit.diamonds | uNiq.diamonds

GOAL reached:
Diamond part of Casheer at launch


u r awsome!

GREAT SUCCESS!

http://forum.casheer.net/viewtopic.php?f=30&t=55
Quote from: Casheer
Preliminary list of cryptocurriences included in the Casheer Payment Platform. 

Bitcoin (default inclusion)
bla
bla
other coins
Diamond
bla
bla
other coins



Congratulations to all and thanks for all the support. 
You really turned out your communities on our forums, on twitter and around the web.   :bravo:

For everyone else, this is not the end...only the beginning. 
Engage your communities and have them send their support to us and you too will be added to this list. 
More fun stuff ahead and thanks  again to all our supporters.   :bow:
legendary
Activity: 3052
Merit: 1053
bit.diamonds | uNiq.diamonds
A brand new ming pool wit 0% fees. Help them grow guys Smiley

dmd.miningfield.com

review:

i tested the pool found successful a block

things i see it starts with very low diff so its friendly to stratum able CPU miners

the 0% fee is a illusion because he have set 0.8 dmd withdraw fee
Quote
Automatic Payout Threshold
1.5 - 300 DMD. Set to '0' for no auto payout. A 0.8 DMD TX fee will apply
Quote
Please note: a 0.8 DMD transaction will apply when processing "On-Demand" manual payments This 0.8 manual payment transaction fee is a network fee and goes back into the network not the pool.

Minimum Cashout: 1.5 DMD

so u need to gather 80 DMD to have effective 1% fee which u pay at withdraw

more if u withdraw smaller amounts less if u withdraw bigger amounts

i suggest mr. miningfield reconsider his fake 0% setting
because friendly to CPU just doesnt fit to unfriendly towards small withdraw amounts

i hope he just have this high withdraw fee by mistake
maybe copy pool settings from a coin with lot coins where 0.8 is nothing

legendary
Activity: 1504
Merit: 1002

Popshot

I don't mean to sound pessimistic but what is the point of getting on Mintpal when we can't even have a good showing on useCryptos?  I as well as others invested some BTC to get listed there but all of the volume left to go back to Cryptsy.  I like Cryptsy but I just can't see the near term benefit of getting on another exchange?  I am concerned that DMD will be delisted from useCryptos.  Maybe I don't see the bigger picture - any insight is appreciated.

Thanks,
pokeytex

Pokeytex just like the others had said Mint Pal is different to useCryptos. We do believe UseCryptos will grow as it adds more coins and releases their API to allow for multipoool trading; this single fact would make it the most competitive place to trade Diamonds.
Also with time (slowly but surely) we will see more coins generated so inevitably being on MintPal will make more sense as the time passes.

Besides, I'm not prepared to waste our community effort of continuous voting - we deserve to be there weather it makes sense or not, we voted, we made the effort, we care.

Popshot,

Understood - Everyone's response makes sense to me.  I knew I was missing something regarding the API and auto functions that Cryptsy has.  I do like useCryptos - they are so fast and it is easy to deposit and make a quick purchase.  But you are right Cryptsy is just a bit more anchored in when it comes to coin selection and deeper inner workings.  Thanks all for the continued responses/support.  Have a great Labor Day weekend to anyone celebrating.

Pokeytex
hero member
Activity: 774
Merit: 554
CEO Diamond Foundation

Popshot

I don't mean to sound pessimistic but what is the point of getting on Mintpal when we can't even have a good showing on useCryptos?  I as well as others invested some BTC to get listed there but all of the volume left to go back to Cryptsy.  I like Cryptsy but I just can't see the near term benefit of getting on another exchange?  I am concerned that DMD will be delisted from useCryptos.  Maybe I don't see the bigger picture - any insight is appreciated.

Thanks,
pokeytex

Pokeytex just like the others had said Mint Pal is different to useCryptos. We do believe UseCryptos will grow as it adds more coins and releases their API to allow for multipoool trading; this single fact would make it the most competitive place to trade Diamonds.
Also with time (slowly but surely) we will see more coins generated so inevitably being on MintPal will make more sense as the time passes.

Besides, I'm not prepared to waste our community effort of continuous voting - we deserve to be there weather it makes sense or not, we voted, we made the effort, we care.
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