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Topic: Diamond(DMD) Beware of - page 3. (Read 9967 times)

hero member
Activity: 910
Merit: 1004
buy silver!
March 12, 2015, 06:46:09 PM
#30
wow, I can say Ive never seen one of your posts.
hero member
Activity: 896
Merit: 520
March 12, 2015, 02:16:27 PM
#29
I want to say thankx to all uncovering this BS. I know my posts go missing as well.
Cryptonit and I been bumping heads for awhile now. He is never straight forward.
I've been trying to understand the inner workings of the wallet forever. Every question i ask
Gets ignored. The coin control, the config file etc, four lousy nodes.
The block explorer gives you all the active nodes you could put in the config.
I tried to point that out.
The devs knew the exchange wallets will never mint,number 2 on the rich list will never mint,40,000+, a ton of wallets that will not mint. Some have had no activity for over a year.
The block explorer doesn't lie.
Look at the blocks the reactor gets everyday,staked out of 144 that we all compete for!!
Don't we all want to have the biggest richest wallets?
Wouldn't we all want to have the most coin weight and age?
I Would think so..especially heading into one million.
What about the next target in the POS stage, how fast is that reactor wallet gonna get us to that point?
The more the reactor mints the closer and faster to the magic million and pos we get.
When he did the payout from the reactor, he had to use coin control and grab the lowest confirmed minted coins.
I questioned that. No  Response.
When I sourced coin control info for all to digest.
Cryptonit picked one item and disregarded the fundamentals of coin control with some crap
about hobonickels not being the same fundamentally as diamond.
Run around the subject but never answer the questions.
As soon as he started with the, lend me your coins, I knew the game was rigged.
I should have known with the cloudmining game..
Now what ? Any suggestions? Digibyte? Fibre?
sr. member
Activity: 442
Merit: 250
March 12, 2015, 07:06:43 AM
#28
we said we wana work transparent
so last month and this month reinvest didnt go into buy hashrate it did go in mining hashpoints
today we converted our hashpoints in paycoins and earned 830 for dmd cloudmining

this means that this part of dmd cloudmining like instant ROI because thats 16000$ value

Quote
(on other side one of our hashrate provider collapsed which create a loss of around 3000$
(now u see how great a managed investment service like ours is we split risk over multiple companies
and ventures and some of them create bigger than expected rewards and so even if some might fail on average its a very safe way))
still 13000$ we can reinvest!

this full amount will be reinvested and will estimate with january double our DMD Cloudmining payouts....


so if u where happy with payouts until yet
u will be double happy then  Grin




if you now because of all that happiness dont know what to do read the posting over this one #hint#
#hint2# yes im talking about free DMD for buying DMD Cloudshares pre 24.12

update: because someone asked me is that the Q1 2015 surprise....
NO thats just business as usual
our "glow blue and make u smile" secret will add way more to ur happiness

update2: wouldnt some evil scam guy be very silent when he have such over estimate earnings and keep the unexpected earnings without tell anyone?  Roll Eyes
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.

Posted here in case it is deleted
sr. member
Activity: 442
Merit: 250
March 12, 2015, 06:47:16 AM
#27
sr. member
Activity: 302
Merit: 250
Never before 11 P.M.
March 11, 2015, 07:16:47 PM
#26
Clearly this is having effect on DMD market, I see a 1000 DMD dump and another 1200 DMD dump, not good for me but the "words of one person" have a positive/negative impact LOL.

I'm a DMD cloud share holder (not much, around 1 BTC from dated mining equipment run occasionally) but I began to dump my thousands of DMD earlier this month when they decided to "need more BTC for a press release."  That was the final nail in the coffin.

I had been following your posts utahjohn and now talking to a few others out there in PM's.  The foundation makes so much DMD (which they then sell for BTC) per day simply by existing, let alone the reactor, then why in the world wouldn't they simply "reinvest" part of their DMD into a press release like a normal dev team.

Oh, and surprise!  No reinvestment shares for February!  Here is the lovely DMD cloud mining email:

Code:
DMD Cloudmining Report February 2015:

3098 new investment
- reinvest
10333 earned DMD

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

all time stats:

29869   total invested
6647    total reinvested
64593   total earned DMD

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

there no reinvest shares for February distributed because the payment didnt arrive from AMHASH1

over 20 thash we run at

there is nothing we can do beside waiting
amhash was considered in industry as one of most secure cloud mining companies
because it was a join venture of two companies which build and sell mininghardware (asicminer and rockminer)

as long as amhash dont pay we can stop reinvesting and keep payouts as we have now
but with the risc that they maybe never pay and we have constant loss of earning power because no reinvest resulting in a end of payout generation not far away

other path could be consider amhash as not existing until it come back (if it come back) and use from the leftover income sources bitcoins for reinvest

this way we can maybe save longterm earning power but reduce payouts significant

after this 6 months we had to analyze cloud setup i would like to change setting towards 50% reinvest from original 30%
to keep at least the long term earning power alive even if weaker

and to be able compensate such little catastrophes better

also i would stop creating free invest shares to keep investing for new people possible

what cloud investors think about this?

please shareholders post ur opinion at

basical we have only two ways

1.) people say we cant change rules because there is a contract

and cloud will run as it does now weaker and weaker in payout until the end of operation

or

2.) we adapt rules as suggested (50% reinvest no creation of reinvest shares) have instant reduced payouts but a realistic chance to get this into a long term income source for investors



if u ask for my opinion i prefer lower payouts but a realistic chance to recover and have real long term payouts because of reinvest cycle runs better with 50%

if u own no shares at cloud please let shareholder express their opinion first
i want to read from the people which are affected primary please

thx for ur understanding


==============================================
Your are receiving this mail because u are registered at DMD Cloudmining/DMD Multipool.

I bet I'll stop earning DMD cloudshares by posting this... oh wait everyone already has.
hero member
Activity: 910
Merit: 1004
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March 11, 2015, 05:32:00 PM
#25

I am unsure since I don't have all of the facts.  I invested in cloud mining primarily to have the constant flow of DMD's without having to monitor a rig setup to get them.  I am in the middle of selling off all of my mining equipment which will make me completely dependent on cloud mining services.  However I am getting uneasy in doing so because it seems like there is no recourse for these contracts.  You either take them or lose them. (It seems).  Correct me if I am wrong but I think we have now lost (2) cloud mining contracts plus the paycoin fiasco - correct?  What does this represent in cloud mining investment lost?  How much USD does it represent?  How many additional cloud mining contracts do we have?  Are the other contracts paying regularly and are they appearing solvent?  If so and you think the remaining contracts are secure then I am ok with 50% to reinvesting and 50% returned to the miners.  If they are wishy washy and you are unsure that they are going to keep paying I say divert our reinvest shares to some other tool to help implement support on the buy side.

- pokeytex

reinvest isnt going into the payout source that generate them
reinvest is always going in the solution that we consider the actual best existing one

best is selected by us by analyze profit stability and security and split invest over multiple companies

i want to make clear to everyone here i still hold around 50% of all cloud shares
i work for it as everyone of u would work for his 15000$ investment
and i same as any other core team member bought it same rules as everyone else
1$ btc value = 1 share

im not gambling with ur money at your risc
i try to find the best solution amhash in december sure anyone u asked would have agreed is one of the best solutions

if i count all core team members and peopel i did already talk about this topic together i have already 75% of shareholders supporting the change

still i want to discuss it public so everyone also understand the reasons

with crazyivan now as core team member who is  also a experienced cloud investor we  have another expert which support analyze investment strategies

additional reactor was created to give cloud a backbone that compensate hard times and it will support payouts each month with at least 2000 DMD

while reactor fill the gap i strong suggest u all follow the suggested changes so we can get this cloud operation back on track to be long term supporting our DMD investments and as additional DMD imcome source

POS² (prove of stake + prove of shares)



No wonder you were pushing the reactor so hard, your benefiting the most from it!  Ya, no scam here!!


*reposted here because it will be deleted
hero member
Activity: 910
Merit: 1004
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March 04, 2015, 10:54:04 AM
#24
Quite honestly, if no one take the time to research where they invest their money, they deserve to lose it.  This forum has no intention of stopping scams.  All you have to do is look through the posts of people posting on that thread to realize what is going on.  That coin will never get anywhere.  Yup, so the foundation gets a cut of every block, 75dmd/day?
hero member
Activity: 910
Merit: 1004
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March 02, 2015, 12:45:29 PM
#23
ROFL u get called a troll again.
They simply will not accept any weakness on their part.

that payment went to one wallet on the same day it was created and is still there.

do u understand how a exchange wallet works?
do u think the coins u send in are the coins u withdraw?
come on u know better

sorry to other users i know i shouldnt reply but i cant let wrong statements stand unanswered too

its sad story that fighting trolls is a loss loss battle

if u answer u feed them if u ignorre that make them feel their statements are true

guess alex will clean the thread again in evening


Why on earth would you send DMD to cryptsy, If the purpose of reactor is to support cloud payouts!  they should be distributed as DMD.

Ive sent an email to cryptsy asking them if that is their wallet address.
hero member
Activity: 910
Merit: 1004
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March 02, 2015, 11:36:09 AM
#22
I see some(havent checked all) of the lent coins to the reactor came from cryptsy wallet.

https://chainz.cryptoid.info/dmd/block.dws?763703.htm

https://chainz.cryptoid.info/dmd/block.dws?763841.htm

https://chainz.cryptoid.info/dmd/block.dws?766849.htm

am I reading this wrong?
hero member
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Merit: 1004
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March 02, 2015, 11:19:40 AM
#21
Hello ,

Thank you for contacting us!

Thank you for the information.  Our technical team will review the information provided and take actions if necessary.

Please feel free to contact us if you have further questions or concerns. Thank you and have a great day!


Sincerely,
Gretchen
Cryptsy.com
hero member
Activity: 910
Merit: 1004
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March 02, 2015, 11:19:12 AM
#20
deleted post


Seeing here such activity trolls can immediately understand what they want.
Any new people who come here and see them perseverance tarnish Diamond readily understand that constantly write the same thing just so no one will.
But not for long, and soon a POW award will be reduced by 10 times.
All their attempts to idle chatter on the topic of security and total control will be dispelled by themselves.

One who understands a little crypto currency, can easily understand how a Diamond is now undervalued compared to other coins  Wink

I fully agree. But I have nothing against trolls or people with opposite opinions as long as these opinions are based on some solid ground. After all, we are here to discuss current progress, options and improvements related to DMD.  However, if the main argument is "DMD is doomed and all of you guys who use it are fools...." well, that s infantile and it s obvious these kind of trolls have a different agenda. That s why we have Popshot and his big club.

Its funny how no one cares about that 1200 dmd payment!

*wow, i see you have quite the history of cloud mining, i didnt think there was any money in it.

See Sherlock, those 1200 DMD were distributed to cloud mining shareholders as DIVIDEND on Feb 27. Now apologize to the community for being a troll. Smiley

they went to one address?  So your saying, there is only one cloud miner.

back to deleting my posts, dont want anyone to see this now.
hero member
Activity: 910
Merit: 1004
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March 01, 2015, 10:39:22 AM
#19
I see a withdrawal of nearly 1200 coins to  dWPGAFSvqD5XB6qiEyxLtXLbyoZhh1XEKa   from the reactor.

He said there was a payout to cloud mining.  Its early and I have to go to work.  I havent the time to look at this till tuesday.  

Could be just someone getting their coins back
hero member
Activity: 910
Merit: 1004
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March 01, 2015, 07:12:43 AM
#18
At least the blockchain explorer is showing more information now, staking,reactor, cryptsy, etc.  I couldnt really tell before.
hero member
Activity: 910
Merit: 1004
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March 01, 2015, 07:06:34 AM
#17
I see a withdrawal of nearly 1200 coins to  dWPGAFSvqD5XB6qiEyxLtXLbyoZhh1XEKa   from the reactor.

He said there was a payout to cloud mining.  Its early and I have to go to work.  I havent the time to look at this till tuesday.  
hero member
Activity: 910
Merit: 1004
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March 01, 2015, 06:56:19 AM
#16
Once upon a time, I called out a guy named Pirate and I got slammed for it.  I got my coins back, but lots of people lost a bunch of coins and I didnt warn anyone.  Im not about to make the same mistake twice.  I smell something fishy and Im warning the community.  There are some colorful people here with some bad motives.  We all want to make a lot of money, but Im not about to do it at the expense of others.
hero member
Activity: 732
Merit: 500
March 01, 2015, 03:11:13 AM
#15
how many coins is the reactor making, never to be answered

you look like a smart guy and you cant check this ?
https://chainz.cryptoid.info/dmd/address.dws?107821.htm
now question answered?
legendary
Activity: 1470
Merit: 1010
Join The Blockchain Revolution In Logistics
March 01, 2015, 02:31:12 AM
#14
Digibyte move to myriad-groestl has saved DMDs bacon, that at least keeps Hash in the GRS network.
If someone can implement AuxPow for GRS then things will look much better.
But DMD will need to fork to myriad-groestl, no?

cheers SgtMoth and Utah
good info
this sheds light on murky areas

so thanks
sr. member
Activity: 416
Merit: 270
March 01, 2015, 12:14:25 AM
#13
You guys are pretty entertaining and I confess I share some of your concerns although I hesitate to question people's motives.  I believe most people are acting in good faith, maybe not always doing what I think is appropriate but I assume they are not evil.

In any case, I've been doing this for a couple of years not with a few coins and I have seen some pretty stupid stuff with every coin.  The worst mistake these people make is assuming any gimmick they come up with is going to make their coin of choice succeed where all others have failed.  There is still only one way to make a coin successful and that is to create a REAL market for it.  Cloudmining is a FAKE market.  Its the same as investors buying shares of a stock to prop up its value.  It only works as long as they don't sell too!

The coins that have the best chance of succeeding are the ones that people with trade in a real commercial system, i.e. you take my bitcoins for that case fan over there or some other tangible merchandise.  And no matter what any of these wannabes say there needs to be an exchange for real currencies like US dollars.  That is not a bad thing, its a good thing.

DMD is an very closed system.  There is no outside market and no outside interest.  They have one pool and I think danbi is a really good guy who does a great job keeping it up, but as you said, it has been at times almost 100% of the hashing power on the DMD network.

Having said all that, they have done some things right.  POS is a good thing and groestl is far superior to script , script-n and others.  This coin is far more valuable today than it was a few months ago.

I have no illusions about DMD.  I will sell my coins when the time is right because at the end of the day, I am in this for the money.  I have moved on from other coins and I will move on from this one too.  When there are no coins left to mine, I will sell of my gear and hope to get back 30% of the cost.  I guess what I am saying is, don't  fight it, profit from it.  Take what you can get and move on to the next target.

Utah, I do not share their opinion of you.  You know that.  Good luck to you wherever you wind up mining next.
hero member
Activity: 910
Merit: 1004
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February 28, 2015, 06:52:50 AM
#12
Oh, so this isnt the first coin they created then.  That explains a lot.  Then Im probability right when I said the newbie accounts are controlled by them.
legendary
Activity: 2422
Merit: 1451
Leading Crypto Sports Betting & Casino Platform
February 28, 2015, 05:43:56 AM
#11
Pretty much any alt "community" ever eh?  Roll Eyes
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