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Topic: DMD: is it worth it? (Read 1637 times)

full member
Activity: 162
Merit: 100
December 16, 2013, 06:28:51 PM
#27
full member
Activity: 162
Merit: 100
December 16, 2013, 07:03:25 AM
#26
We are proud to annouce the official takeover of Diamond.

NEW TOPIC: https://www.bitcointalk.org/index.php?topic=372952
gmg
member
Activity: 108
Merit: 10
December 15, 2013, 03:56:32 PM
#25

I'm willing to sell 200 DMD if the price is right  Wink
newbie
Activity: 25
Merit: 0
December 15, 2013, 09:06:17 AM
#24
Where can you even buy this atm?

It's still not in Cryptsy. If anyone is selling, PM me (I'm willing to do escrow).

Thanks
sr. member
Activity: 253
Merit: 1517
DTCxNMC
December 10, 2013, 10:51:49 PM
#23
Where can you even buy this atm?
legendary
Activity: 910
Merit: 1000
PHS 50% PoS - Stop mining start minting
December 10, 2013, 10:28:02 PM
#22
I think what Hazard meant was that real diamonds aren't actually worth squat but you're free to pay for them what you want and many people indeed do. DMD was delisted from Cryptsy... Probably a good idea to stay away for the time being at least (although if you feel like gambling there may be some cheap DMD relative to recent prices should Cryptsy relist it).

About as worth it as real world diamonds, if you know what I mean.

I don't know whether it will ever be worth as real world diamonds, but it used to be priced at around 1 cent (in USD fiat) and it's now at 80, even after correcting after the recent frenzy in all cryptos. That's not a bad gain at all!

Hopefully with the recent takeover, it'll be able to establish itself as a serious alt competitor. Then, it'll be worth many dollars (or BTC!) soon.



Its a temp delist because it was badly forked, was resolved earlier but everyone will need to upgrade to get off the dead fork

https://bitcointalksearch.org/topic/m.3912979
member
Activity: 84
Merit: 10
December 10, 2013, 10:24:39 PM
#21
I think what Hazard meant was that real diamonds aren't actually worth squat but you're free to pay for them what you want and many people indeed do. DMD was delisted from Cryptsy... Probably a good idea to stay away for the time being at least (although if you feel like gambling there may be some cheap DMD relative to recent prices should Cryptsy relist it).

About as worth it as real world diamonds, if you know what I mean.

I don't know whether it will ever be worth as real world diamonds, but it used to be priced at around 1 cent (in USD fiat) and it's now at 80, even after correcting after the recent frenzy in all cryptos. That's not a bad gain at all!

Hopefully with the recent takeover, it'll be able to establish itself as a serious alt competitor. Then, it'll be worth many dollars (or BTC!) soon.


full member
Activity: 162
Merit: 100
December 10, 2013, 10:00:48 PM
#20
Updated to forkfix!:
https://github.com/palmd/diamondcoin

Forkfix win client (must download new chain to use!)
https://sourceforge.net/projects/philosopherstone/files/DMD/

Instructions for new forkfix client: (Windows)
Make sure to clear directory of old chain, peers, everything except wallet and .conf file.

Start new client and wait for sync
then solo mine
done.


Make sure to delete old blockchain files (except wallet and .conf) or you will cause another fork!

Miners?

Pool up and chain fixed

http://dmdpool.net/index.php?page=statistics

test out the low difff
legendary
Activity: 1946
Merit: 1005
My mule don't like people laughing
December 10, 2013, 09:31:36 AM
#19
According to this topic the blockchain is forked and they are working on a fix. https://bitcointalk.org/index.php?topic=255806.560

Do not mine this coin until the new client is released and blockchain fork fixed. Otherwise all the coins you mine will likely be invalid.

newbie
Activity: 5
Merit: 0
December 10, 2013, 09:19:04 AM
#18
Diamond is a really interesting case of altcoin! Many ppl believe in it.
"If BTC is gold and LTC is silver, then DMD is, well, DIAMOND!!!"  Smiley

Some basic DMD facts and statistics:
- DMD is an ASIC-resistant scrypt coin.
- It combines proof-of-work and proof-of-stake, providing excellent resistance to 51% attacks.
- No pre-mining!
- It is super scarce: only 4.38 million DMD will be created in eight years. Linear creation means early users do not have an unfair advantage (no block reward halving ever).
- Block time is one minute and each block contains 1 DMD.
- Every day, 10 random contain 2 DMD (bonus blocks), 3 blocks contain 8 DMD (super blocks), and one block contains 30 DMD (super+ block)!
- Difficulty re-targets at every block.

Feel free to try our new pool: http://www.dmdpool.net

I guess it's not really resistant to 51% attacks after all. Sorry you're probably having a tough day.
newbie
Activity: 8
Merit: 0
December 04, 2013, 12:24:27 PM
#17
DMD is currently not many people are concerned, so the short-term value is not too high, who can contact the author hopes to BTER or DMD extended to some more global trading platform. Smiley Smiley
gmg
member
Activity: 108
Merit: 10
December 04, 2013, 12:11:25 PM
#16
About as worth it as real world diamonds, if you know what I mean.

I don't know whether it will ever be worth as real world diamonds, but it used to be priced at around 1 cent (in USD fiat) and it's now at 80, even after correcting after the recent frenzy in all cryptos. That's not a bad gain at all!

Hopefully with the recent takeover, it'll be able to establish itself as a serious alt competitor. Then, it'll be worth many dollars (or BTC!) soon.

legendary
Activity: 980
Merit: 1000
December 03, 2013, 07:05:41 PM
#15
About as worth it as real world diamonds, if you know what I mean.
full member
Activity: 162
Merit: 100
December 03, 2013, 07:04:53 PM
#14
I'm looking to buy around 1 BTC worth of DMD. If anyone is interested, PM me.

Thanks

Cryptsy has already DMD/BTC exchange option https://www.cryptsy.com/markets/view/72
One more big "player" is planning to add DMD/BTC soon. Until then, i m thinking to buy some more diamonds  Grin
newbie
Activity: 25
Merit: 0
December 03, 2013, 12:05:54 PM
#13
I'm looking to buy around 1 BTC worth of DMD. If anyone is interested, PM me.

Thanks
newbie
Activity: 8
Merit: 0
December 02, 2013, 07:59:06 PM
#12
At present China market has been opened, www.btc38.com China most fire trading platform, I hope DMD can the trading site or bit.

Can you provide me contact info for btc38?
I cant understand anything...
You can translate the use of Google browser
gmg
member
Activity: 108
Merit: 10
December 02, 2013, 03:25:22 PM
#11

Why don't you use google translate?  Grin
full member
Activity: 162
Merit: 100
December 02, 2013, 02:53:23 PM
#10
At present China market has been opened, www.btc38.com China most fire trading platform, I hope DMD can the trading site or bit.

Can you provide me contact info for btc38?
I cant understand anything...
newbie
Activity: 8
Merit: 0
December 02, 2013, 10:47:36 AM
#9
The name DMD decide how far it goes, I believe
newbie
Activity: 9
Merit: 0
December 02, 2013, 10:44:43 AM
#8
Based on its current price and the value it may have in some time (who knows?), you can lose very little and win a lot.
So yes it is worth it.
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