we want them to gain in value
and be exchangeable into other forms of value when we need it
(not instant not all at once but in small amounts we want to be able cash out in need)

details about that i explained i my last posting
https://bitcointalk.org/index.php?topic=580725.msg10309274#msg10309274

just to hold isnt enough purpose for a coin

and all we do is working towards this goal to

raise of value and raise of liquitity

i didnt see any detailed plan of people who dislike dmd cloudmining and reactor

that would generate similar effects

please present ur plans

they wont replace dmd cloudmining and reactor
but we can add it as additional  buypressure generating mechanics that increase value and liquidity of DMD

any multipool mining with BTC payouts is basical a hostile act against the coins that are mined

it is creating buy pressure on BTC and sellpressure on the coin that is mined

=value gained for BTC value lost for all the coins the multipool did mine


DMD Cloudmining/Multipool is abusing this hostile act against BTC by add one step on top of it

that step is the BTC then is sold to buy DMD

= value gained for DMD value lost for BTC

the fear that DMD cloudmining shareholder sell DMD to earn BTC is just wrong
the opposite is true

someone who wana hold value in BTC would never use DMD multipool or DMD cloudmining

its would be ad absurdum the whole concept and just convert value back and forward without sence only feed cryptsy with fees.....

yes its a hard world there in cryptobusiness and coins compete against each other
and the coins that people hold are the winner and that coins that people sell are the losers

but holding alone is not success u also need the ability to sell once u in need (liquidity)
and there DMD cloudmining is generating a base buypressure that gurantee in need u can sell some coins
its clear that if everyone want to cash out at once it not works

but to be able cash out 1 BTC over a few days is absolute no problem

we create at the moment with dmdm cloudmining alone around 0.2-0.3 BTC daily buypressure
and we far from reaching the goals of DMD cloudmining size and buypower

and see that buypressure on top of normal market behavior

look at coins like mintcoin and so on all the coins that aim at holders with POS rewards earnings
they all suffer from low liquidity and non existing buypressure on market

we have tools that proove to work and we expand their power and attractiveness to invest into them
people who dislike that i dont understand u

its not one or another

its not DMD cloudmining + reactor against ecommerce and DMD used as paymentsolution

we can have both but we focus our work as foundation in that direction where we see our strengh

if there are community projects to promote DMD as payment coins in 3rd party services
that projects are welcome and if u need support from us get in touch with us

so u vote yes already
thx for ur support


thx for ur respect to our choice to keep decision process short and agile
to achieve ongoing development and not endless discussions

chilo the voting is easy

if dmd value drops longterm into nirvana

if noone buy dmd cloudmining shares

if noone interested to fill the reactor slots

if mining diff falls close to nothing because noone care about DMD

then we understand ur votes and will handover the coin to a community takeover team

that is able present a clear plan for the future to make it better

as long as this things dont happens

the result of vote is yes community supports dmd diamond foundation

not most postings here on forum count (then i would have ultimate voting power anyway ... )

explain ur ideas

we are open for reactor v2 ideas

the way v1 lauches we did describe already

but that doesnt say in future if we find way to decentralize it

it cant be upgraded to reactor v2

thats no problem at all because slots have a max age of 40 weeks anyway

so once we start with a replacement of reactor v1 with a reactor v2 it can be a smooth switch

v1 slow time out v2 slow start up

whatever we do
i know who will be blamed 

u wanted to vote
voting have started......

i can understand that reactor alone is even if a good working mechanic
not show u the path into future of DMD

and its always the same game
if we release something people want to know the next step in big picture
to understand how the parts interact with each other

the future will be B2B and providing a platform for companies to run their projects/business on

as all of u know already our aim is to be a storage of wealth solution
and our plan for the future is that we provide projects aimed to generate profit for its investors a platform to be hosted

and dmd cloudmining + reactor will also be moved towards that platform and hosted there as reference projects

not at launch of reactor and not in the next few months

but it will

we not talking here about a small little project

we talking here about creation of a business and everyone who own DMD will share a part of its success

i know i gave a sneak peak to far into the future and normaly i wouldnt release such infos before the deals with big investors are finalized

but it seems that some people here needed to remember who is working for the coin

and that we dont release some features or stuff because they are funny or we are scam someone

be real people if we try to scam u we by far the worst scamer on whole planet

need 2 years to prepare the scam

release real world details about urself

be urself the biggest investor in ur products.......

nominate us for the worst scam ever

or the innovative business ideas award.....

choose urself what is ur truth

and vote by buy mine stake hold dmd and cloudmining shares and reactor slots

maybe we wrong by try not to compete with all the other fish in the payment solution ecommerce fishtank
but maybe we just explore way better place to position DMD

good idea we will create a slot trading thread on DMD forum

this slot trading is only working for the initial 3 slots each dmd cloudmining shareholder recieves

lets use this thread
http://bit.diamonds/community/index.php/topic,90.0.html

@hallared

a reactor slot isnt a trap but instead a privileg
existing cloudmining users are free to trade/sell their slot rights if they want

im happy to offer 50 dmd for each slot someone want to sell towards me
but u are free trade and sell to whoever u want and at whateve price u able to get

if a cloumining shareholder sell  some of his slots he need to send a email towards cloud@bit.diamonds
i explain details at reply

i will send a newsletter at weekend not all shareholders are active at forum

until yet the only negative feedback i respect is comining from pallas because he did something active for the community

all other negative feedback iscoming from people who didnt active contribute but now wana raise their voice

its doesnt count who cry louder but who is working for the coin

i respect every opinion from people who work for the coin

thx to all the positive feedback too

it was clear that this change will strenght the profil of dmd as investor coin and weaken its profile in the eyes of miners

same we did go through when we launched the V2 wallet and replaced the old pure pow coin rolloutplan with the actual longterm rollout plan with focus on pos

i just wonder if miners hate us so much why mining diff raises

if people want to dump their coins on what exchange this is happening?

dmd position itself with a unique concept and not just as another pow pos coin with another name as only difference to other coins

and we dont stop here we working on more projects that are aimed to attract business

we not one of the endless coins that try to be a payment coin
but that u will be able pay everywhere btc is accepted is justa matter of time

our main goal is storage of wealth and in the future providing crypto business solutions for companies instead of focus on private customers

that lot of us as little private investors will later on hold a share of a B2B crypto business solution wont be a bad thing i guess

noone lose anything
only people who go the additional mile earn additional reward

like people who mine with 2 GPU mine double amount of coins compared to only 1 gpu

so people who invest into cloudmining run in POS² mode instead of only POS

the freedom to choose is at user side

noone can tell ya how many GPU u should buy and use for mining

noone will tell ya that u have to increase ur involvement with DMD to the POS² level

fact is there are people who envolve themself with the coin to a degree that they spend over 30000$ for it

and they deserve that everything will be dont to make their investment and this coin a successtory

and not a idealistic dreamland of decentralism and the love for the little miner

because the story of the little miner is just not true

im myself a little miner and i had absolute no problem gather 1500 dmd in this long time

and get your hands on 100 dmd cloudmining shares is easy for everyone

and noone is forced to do it but dont tell me the "its impossible for the little miner" fairy tale

ask stoody what a big miner and fat investor he is

but he have his 3 reactor slots filled........

special for mister1k:

"we choose to go a path that support coin stability"

none of the other option would have any impact on coin stability

reactor do

our goal as dev team is not to support shortterm mining goals
or flood market with increased POS coins

our goal as dev team is focus on mechanics that support buypressure
attract new dmd cloudmining investments and reward dmd cloudmining investors
and bind coins longterm (shortening avaiable coins on market)

i full understand that miner mindset people might love other paths

but we try to avoid feed the miner swarm who move from coin to coin

instead we feed the loyal supporter of dmd diamond  and its stability mechanics

and special for miners we implemented the mine for shares option so people who didnt invest a single dollar
have also the chance earn 100 dmd cloudmining shares just with mining

regarding effect of reactor announcement on mining diff u have to enlight me

u mean that we attracted more people and more interest on DMD and so also new miners

and u consider that as bad?

the wallet run on a maschine that does nothing else there are no port open towards network beside the DMD Network port
a statefull inspection firewall will addtional protect that port

the ip address of the server will be masked

u cant hack remote what u cant locate via IP
u cant hack physical when u dont know the physical location of the server

it will not run on alex laptop where he play solitaire at his lunch breaks
and he doesnt lock the screen when he walk away for some minutes....

regarding responsible if coins lost its clear the same risc as when u are minting at home in ur own wallet
its the risc of the coin owner

in case u think u can mint at home more secure than with diamond reactor
then u should prefer this solution or split risc and only use some and not all of ur coins in reactor if u qualified for slots

in case someone missed the announcement:

i expect that same questions that i answered already will come again and again in this thread

please people who did grasp the idea already
and remember my former answers please help me answer questions posted here

thx for all helping hands in advance

the wallet will be a mandatory upgrade we might change other stuff too example POS blocktime
that require anyone to upgrade his wallet asap

i dont see here a few weeks until people upgraded
a few days sounds more realistic


biggest uncertain part is cryptsy
we did learn in the past they not exactly the fastest in upgrading wallets.....

https://chainz.cryptoid.info/dmd/#!rich

reactor now easy visible tagged in blockexplorer

reactor dont will run minting active before new wallet is released
all coin age gathered in reactor will be converted into full 4x POS rewards

i think what most people dont see is that we try design it as fair as possible
and give small dmd cloudmining same amount of slots as big investors who hold a few thousend shares

we dont follow the make rich even richer scheme
we aim to give normal people a chance to become rich

but we wont force u to accept the chance  

if get ur hands on 100 dmd cloudmining shares (100$) and 1500 DMD (around 1 BTC at actual marketprices so)

so below 500$ is out of scope as a new investor
then u have more urgent things to care about than crypto business


and most of existing investors have all the required parts (shares and coins) already


and one more thing: we talking here about a chance and that we the whole DMD team is working hard to make it happen
but we cant gurantee success so only go for it if u accept the involved risc