I tried to buy some more shares but my BTC is currently held hostage on Cryptsy, which seems to be having technical difficulties with processing Bitcoin withdrawal requests. I hope they figure it out before Monday's reactor payout. today we fixed some missing pictures texts and button texts on DMD Multipool
additional we implemented the DMD CLoudmining share boost for accounts which didnt reach ROI
enjoy!
if u plan to get hands on some DMD CLoudmining shares its good before monday
because monday we will run second DMD Reactor Payout for this month and ur new shares would be already able get a part of that
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Next fell from $14 million, last July to $6.1 million today. It was at $73 million in May 2014. Many other altcoins have done as badly or worse. I am fairly confident that DNotes will be testing the last low of $730,000 (January 2014) and should start recovering from that point. Until the fundamental values can be substantiated by a profitable company, reliable stability is simply not achievable. I was hopeful that investors can see the value of our ecosystem. Perhaps not. But until stability can be contained, mass acceptance of any digital currency is not achievable. We strongly believe that our long term business model is correct and promoting DNotes as a medium of exchange prematurely is not a viable idea. Strategically, we are absolutely on the right track. Those who can see the value in what we are doing will hang on to their DNotes. The rest of them may not be as patience.
I think the main factor is there is lots of competition right now. Lots of other coins, some new, which have potential. Sometimes people dump one to invest in another, though that's not usually a good long term strategy. DNotes is taking the time to establish a great infrastructure, but that means in the mean time it might temporarily be shown up by other coins which are moving faster in their development. A drop in price can be discouraging but it's important to stay focused on the long term vision and keep following the plan. |
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Wow! You can now pick-up DNotes for less than 2000 satoshi. If there is a good reason why the price has dropped so much I certain do not know. Free market is based on supply and demand. Along those lines, it means that more DNotes have been put up for sale than there is a demand for them.
DNotes is built as a long term investment beyond just DNotes the currency. We are committed from day one to build a trusted global digital currency for everyone worldwide to participate. It can only be done based on a long term commitment and a lot of hard work. Other than supporting the currency when we can, we have been making significant investment in building our own infrastructure, without asking for any donations from our communities. Many from our communities have contributed in very significant ways to our overall success and we appreciate that very much.
As much it is discouraging to see such a severe price decline, we will stay the course and continue to execute as planned. I have been focusing in writing a book specifically to help small business owners, including women small business owners. This is part of our strategic business plan to introduce DNotes to as many small business owners and their employees as possible. I am very passionate about this and have no doubt that it is the best path for DNotes to be adopted as the medium of exchange. Banking and financial services are changing. This is a massive opportunity for those with a long term view. Technology revolution does not happen overnight. It takes years and decades. There are always challenges confronting early adoption. DNotes is the most proactive in confronting those challenges by building our own ecosystem, including CryptoMoms, DNotesVault, DCEBrief, our family of CRISP and more.
We are also on track to have a for profit company incorporated sometime during the first quarter of next year. As mentioned before, DNotes will own up to 25% of the company. We are planning for our first outside funding to take place at the second half of next year. Additionally, we will officially start promoting our CRISP for Kids, Retirement, Students and Employees beginning next year.
I know that everyone must be quite concerned. It is heartbreaking after all that hard work and what we have accomplished. We do not pump or dump but it has obviously proven that the market charts its own course and short term speculators do not differentiate.
I've noticed other altcoins have also dropped in price, mainly NXT. Sometimes it seems these price swings affect a bunch of altcoins at the same time, so it has little to do with the value of the coins themselves. I wonder if people are dumping in order to get some Christmas shopping in. I'm not selling any of my DNotes. Looking forward to what the future will bring. |
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Hunterbunter is trying to raise the DevTome Admin about the error/permission issue. Will post with any news.
- Nova
Thanks for the update. Looking forward to some good news. |
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LOL, you're right. I'll PM you  not only for u each guy interested in DMD u can send me your skype name and will be added to the open DMD Community chatgroup on skype I probably won't be able to keep up with a chat group, but I would check in every so often. Another good venue that some coin communities use is Slack. |
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LOL, you're right. I'll PM you |
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I'd be willing to take a shot with the content (just the writing portion). PM me if interested and we can work out details. as i can see the FAQ @ https://cloudmining.bit.diamonds/ could be improved because im busy on so many tasks i offer a 150 DMD bounty for a great redesign of the FAQ page done as a single html page who is interested get in touch with me via PM and send me his skype username for a interview |
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Happy Thanksgiving to everyone in the United States. This is a very important day for family get together. Expect a quiet day. I will be gone most of today.
Happy Thanksgiving to you too, Alan! And to everyone else in the DNotes community |
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This is a great article! I've actually watched the silver market fairly closely since before its big bubble, and it's been quite stagnant ever since. The important thing to know about buying silver is that you want to take physical delivery of your silver. In other words, buy actual silver, not just shares in silver. Silver in your possession could potentially be helpful in any number of apocalyptic economic situations. But if you only buy silver shares, otherwise known as "paper silver," it won't be much help to you in the event of major economic problems. The factors behind the spot price of silver are numerous and complex, but one major one is the fact that there is more paper silver than actual silver circulating, which means that if everyone owning paper silver were to suddenly demand physical delivery, there wouldn't be enough silver to fulfill all the orders. That's why it's actually very important to buy real silver if you are investing in it for the long haul. |
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I really like the banners!
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might be time to start considering switching everything over to bittrex in regards to multipool/cloudmining. their problems are only getting worse, not better, and they continue to play games with people's coins (like my own). not crediting deposits, withdrawal issues, supposed DDOS attacks, and apparently no one at the helm support wise (besides automated responses to tickets). loyalty is one thing, i respect that, but id hate to see fellow DMD holders lose even a single coin during cryptsy's meltdown.
I've had to put in two support requests with Cryptsy over the past week and both were promptly addressed. They did have a server crash recently but they seem to be up and running again, so I wouldn't assume Cryptsy is becoming unreliable at this point. Having said that, I do believe it's always good to be on multiple exchanges, and I'd like to put in my vote for Poloniex. |
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Two really good faucets are MoonBitcoin and Bitcoinker. I don't mess with most of the other ones, but those two can add up fairly quickly to enough BTC to buy your favorite cheap altcoin that you think will go to the moon in the future |
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I think its time to Dump the Diamonds.
Market cap is still SHIT.
Same shit different day.
25 cents.Cant even break a dollar.
If you can hold off on your dump until I can afford to buy them, that would be great |
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Cryptsy wallets are back online server migration for http://multipool.bit.diamonds/ finished there will be another delay with payouts but this time reason is cryptsy  good news is we added a new feature u can no not only send BTC to get them converted towards DMD u can send from any shapeshift enabled coin via shifty button  |
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Faucets are great if you need a little BTC to buy new cheap altcoins you believe will substantially increase in value later, or altcoins that mint. It's probably not worth it just for the Bitcoin, but to trade into alcoins, if you hit up the right faucets (the higher paying ones), you can buy quite a few of certain types of altcoins with the earnings.
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Have been having computer problems on my end yet shall try to look into this asap.
- Nova
Thanks. Could you post here when you have it resolved? |
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I think this type of patience can take months or even years to learn. Maybe the seller wanted to do some Christmas shopping It's getting to be that time of the year. Maybe his shopping spree will make someone in his life really happy. I have nothing against selling your stake or even selling your entire stash if one feels to do so. What I think is extremely STUPID is dumping such large amount of coins in one or two transactions. Assuming that person didnt need BTC to pay for something real life emergency, which is rarely the case, there s no real need to dump cause that way you LOSE money. Yet, people rarely have enough patience for selling a bit at a time. This is the main difference between real investors and pumpers and dumpers. Most of real investors are EXTREMELY patient.
10 guys will be able get themself a special xmas present this year a endless unique named legendary10 private reactor address who know in a few years the ownership of a legendary 10 address will be more worth than only the DMD in it and earned by staking the world is crazy people sold the word love stored in bitcoin blockcian and it have value because it was the first time it was done and it stay forever in the blockchain stored same will be with this legendary10 addresses i expect their value for gatherer of unique things much higher than we can even guess in our wildest dreams a change of ownership = sell a legendary10 right to get his address placed and linked to a legendary diamond in wallet code will be possible so they might have a high resellvalue too (change of the linked address will be possible on a later date so u can sell them required will be that u prove ownership by sign a msg with the address and we wont do a special ghardfork for that so such a trade will have to wait until there is a wallet with hardfork included to become active) i have really no idea how high the auction for the legendary10 will go minimum bid is clear set with 3 BTC but we are willing to start with required dev tasks as soon as possible sell 2 of the 10 already now before the auction at a flat 4 BTC each And if anybody wants to buy one and then pass through shares, please message me. I'm interested. I just don't have 4BTC to spend in one place |
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I think this type of patience can take months or even years to learn. Maybe the seller wanted to do some Christmas shopping It's getting to be that time of the year. Maybe his shopping spree will make someone in his life really happy. I have nothing against selling your stake or even selling your entire stash if one feels to do so. What I think is extremely STUPID is dumping such large amount of coins in one or two transactions. Assuming that person didnt need BTC to pay for something real life emergency, which is rarely the case, there s no real need to dump cause that way you LOSE money. Yet, people rarely have enough patience for selling a bit at a time. This is the main difference between real investors and pumpers and dumpers. Most of real investors are EXTREMELY patient.
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Thanks for the explanation. I'm a bit of a latecomer to DMD but so far I am *extremely* impressed. I'm not sure I'd be able to buy an entire new private reactor--3 BTC is quite a hefty investment. However, I'm hoping someone trusted will buy one with the intent to subdivide shares and pay out rewards as a regular dividend so that smaller investors can get in on it. I'd love to put in 0.05 to 0.1 BTC towards a share in a new private reactor, if someone is interested in setting up something like that. Please keep me posted. te]
@Cryptonit - Will our original investment shares be valid still or are they demolished?
Good question! im interested in to know too original shares will stay active but based on ROI adapt to new rules we learned a lot about what works and what doesnt work in this first round and we use that knowledge to come closer to the original DMD CLoudmining idea goal of redesign was clear DMD Cloudmining is a tool to reach ur desired amount of DMD and once u did this (u reach ROI) on top give u a regulary additional DMD income that together with POS of ur DMD in wallet give u the unique POSē income additional the new private reactors will give 10 people legendary addresses without time limit will be sold in a dev funding action with a goal of reach 30 BTC all together additional lot normal time limited private reactor keys will be avaiable for new investors/reinvestors into DMD Cloudmining this is only the tip of iceberg but the base of funding for DMD 2016 activities |
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do u remember when we said we will replace the dmd reactor lite
with a new solution once we can provide a trustless private reactor solution?
the time might be close we can present to community
details about the reactor 2016 solution
just as the first of many activities planed for early 2016
I hardly wait... more details please, if possible... it will be linked to reopen of DMD Cloudmining investment possibility and a funding project 10 people will have the chance to get hands on a very special endless private reactor not cheap because this will create the funding base for the next ongoing projects so its a mix of a supportive act and a possible crazy rewarding longterm investment we expect to have with this funding round at least 30 BTC that make it possible to reach our 2016 development goals @Cryptonit - Will our original investment shares be valid still or are they demolished? do u remember when we said we will replace the dmd reactor lite
with a new solution once we can provide a trustless private reactor solution?
the time might be close we can present to community
details about the reactor 2016 solution
just as the first of many activities planed for early 2016
I hardly wait... more details please, if possible... ..... so its a mix of a supportive act and a possible crazy rewarding longterm investment we expect to have with this funding round at least 30 BTC that make it possible to reach our 2016 development goals @Cryptonit - Will our original investment shares be valid still or are they demolished? Good question! im interested in to know too me too |
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