i am against a pink diamond

keep it pure

diamond as hard solid stable value deposite coin - thats the right approach - YES

trendy pink gemstone - NO


i think a great success bringer would be to create a own market!


www.diamondcryptos.com

here only few selected longterm very stable coins are traded
all coins are traded against DMD

this way diamond would become something like a quality sign for coin a if its traded here

just think what a promotion that would be if people beg for their coin to be traded on diamondcryptos........


DMD-USD
DMD-EUR
DMD-BTC
DMD-LTC
DMD-XPM
DMD-PPC
and so on.................

the gurantee success factor for DMD would be because DMD are rare and needed to trade the value would skyroket

to make this market attracting people it should use features that fits the stable secure image of DMD

one feature could be
ultra low fees at trading
moderate fees at  withdraw

i know suche a market is a mega project i give away my idea for free

another project would be a luxury goods shop where u can pay only with DMD

we need just a few of this thing done so people see DMD is more than a cool name and a bunch of nice coin features


we have to focus on our strenghts

value deposite
and "DMD payment possible"  as a quality sign for high quality goods and services
(maybe create a certified diamond trading partner programm)

DMD shouldnt be used to pay a beer in pub
but instead to pay for the weeding rings u buy in the www.diamondluxuryshop.com
or to buy high quality crypto coins

shine bright like a diamond!

thats the right spirit!
good ideas

and I missed to buy the 1000 dmd at 0.00075 that cheap dmd will become never again  
now its going upwards

for people who still think about the right time to buy  

NOW!  

its only a matter of days dmd break 0.0030 again  
and far beyond...........

doesn't matter....
important is how dedicated they are

look at doge do u think the devs there are rocket scientists?
dedicated devs and the community are the success factors

basical most coins are are a copy of bitcoin litecoin peercoin code

in dmd case its a peercoin copy

but with in my opinion superior settings for longterm success

the coin base setup is very good

required is more than anything else marketing

i understand u have invested a lot and own maybe the biggest dmd share

so my question is what do u do to make ur investment a good one?

as a so called whale u could try to get in contact with devs and offer to pay bounties for tasks u wana have completed

example u want a dedicated dmd forum
how about offer 500 dmd as a bounty for it?
want some promotion? how about starting a bounty for good dmd campaign with rewards deepend on how creative the campaign is

there might be people who wana enter dmd but don't have mining gear and don't have cash

this people could do great things to get their hands on some diamonds

people dont be shy to post here
possible interested dudes read forum and check by existing pages how active coin comunity is

for now the coin to mine is doge
the coin for trade is btc
the coin to store is dmd


mine doge (replace with other fotm coin just follow multipools)
sell doge for btc
buy dmd with btc

today i bought 140 dmd with the mining output of 3 days mining doge
would be impossible mine in that timeframe that much dmd with my 1600khash (would be around 45 dmd in 3 days)

my longterm goal is to own at least 36000 dmd to be able POS 1 dmd each day

people might ask why store dmd and not keep btc

answer the big gains for bitcoin are  over maybe some day 1 BTC will be 10000$ but thats still only a 10x gain

the possible gains for dmd are way higher

i dont do crypto stuff to earn a few bucks

i want the big thing

sure this involve some risk too
the golden rule for any investment into crypto is never invest more than u can afford to lose

if i lose 2 5 or 10k € that wont hurt that much

if i earn 250k € that would change my life

thats where i am aiming for

sheinsha
Trust: -6: -1 / +0(0)
Warning: Trade with extreme caution!
-----------------
i dont know how u earn that reputation on this forum
but it sounds like we shouldnt listen to yor recomendations

looks like website crashed
miningpool is a different service and could be running without troubles
if u afraid wasting miningtime switch to another pool until dmdpool website is responding again

i need just a positive signal and i will invest more into dmd
im sure devs are dedicated because they are themselves whales and own a big share of coin

not because of premining but because they running dmdpool.net and earned a big share of total mined dmd's

a forum is sure a good way to focus community on one point
but forums like this here on bitcointalk are needed also to attract people

if no one gets his nose pointed towards the nice smell of big gains that dmd should provide than a own dedicated forum isn't helping too

and clearly the best promotion is raising coin value

investors are numbers junkies

we need invest that few Bitcoins that are required to give this coin a upwards value trend then the investors will come too

I think the natural selection process started
a lot coins will die

surviving coins will raise

the question is what makes dmd a survivor

in my opinion lot points speak for dmd to be a coin which stays

but not without work from big stakeholders

devs need to invest more time to make this coin a success (or if they to already make this visible)

and we need a growing community

it takes only a few bitcoins to buy dmd up to 0.0030 again
if dmd dont attract enought people for that little invest our coin need to improve marketing a lot

on other hand best time to buy in is at lowest value

how deep dmd can fall?

update:
I give the answer myself it will fall until it hit a buy wall
and the only buy wall I can see is at 0.00065 with 1000 DMD

and this is a weak one...............

bad news seems dmd wallet is unlocked for everything including transactions........

i tested today my wallet was in minting mode and i was able do a outgoing transaction without entering my password

so this needs to be changed for sure its a major security risk

a few ideas for devs tp consider for new wallet:

add a easy way to unlock wallet for minting where we dont have to type in password somewhere where it stays visible in cleartext the whole itme wallet is running

would be great if all files are in installation folder even the blocks
noone likes his system partion be filled up with all their wallet data

would be great if wallet dat is renamed to something a infested pc isnt search for at high priority

call it o12ast.dll only insider would come to the idea this is the wallet file

i do it this way:

create a diamond.conf file in same folder with  diamond-qt.exe

write this lines in it and save it:

listen=1
daemon=1
server=1
rpcallowip=*
rpcuser=somerandomusername
rpcpassword=somerandomandlonglonglongpassword
rpcport=17772
rpcconnect=127.0.0.1
addnode=192.241.81.68
addnode=27.3.56.138
addnode=216.155.151.242
addnode=84.237.202.34
addnode=121.206.245.183
addnode=70.98.114.237
addnode=97.89.174.206



start diamond-qt.exe
once launched go into console and type
walletpassphrase urwalletpassword 999999999999999999 true


because of setting true u opened wallet only for minting
every transaction still ask for password

last step u have to make sure ur router and ur pc firewall allow incomming connections at port 17772


if ur coins old enought to earn POS u see if u type getinfo in console
if u have a stake above 0 u have coins old enought to possible create POS blocks

thx a lot popshot

now im really interested how the dmd implementation works is it a 1:1 clone or did they change something on behavior?

sp my theory to be able POS more coins because lot people never go into minting mode is wrong?

shouldnt we be able to see any dmd POS coins generated by checking the block explorer?

how would it look like?

please try to implement into wallet a way to unlock it only for minting without entering passphrase in cleartext into console

some easy activate minting button with a password dialog where u enter it hidden and nowhere saved in cleartext

in console u can read former typed command an so password is visible cleartext

absolute minimum would be a clear console comand which clear console window and comand history


and please dont forget to scan dmd code for details about the POS implementation and enlight us!

once more the POS miracle appears
please devs give us insight

as I understand POS it requires to keep wallet open all the times
1% of existing coins will be created as POS blocks over the year
to earn some POS blocks u need to have ur wallet open and coins in stake status (just do a getinfo in command line of ur wallet)
so if I understand this system right I can earn much more than 1% of my coins a year in POS because so many people have their wallet and their coins not competing for the POS blocks I should be able earn much more


POS isn't interest
POS is an alternative way to create coins and  u only compete for the coins if ur wallet is open and unlocked for mining/minting purpose

I still wana have more insight in the excat ways POS is working in DMD
please read text below and correct me where I am wrong

coins must be 30 days in my wallet until they switch into stake status
all coins of whole dmd network which are in stake status are participating in POS block generation
all this coins in stake status are working as a additional dmd network protection someone need not only 51% of hashing power but also 51% of stake to be able fork the coin
what happens with my coins if I generated one stake block? all have to wait 30 days again to compete in POS? all stay in stake mode but lose their gathered coin "years"?

I am right with my assumption that im able create more than 1% of my dmd's a year in POS block and this 1% of total existing dmd as POS block are splited between the people who active compete for them

http://www.cryptocoincharts.info/v2/pair/dmd/btc/cryptsy/3-months

here can u see easy how small the market is if u play with the idea of investing into DMD u better dont wait its like impossible just buy 2000 DMD u need to constant buy up all reasonable priced stuff a few days to be able get that ammount and the price would raise a lot

best hint is to buy like a few hundrets each day if u dont wana raise price to much for ur future buy orders

once u got close to the ammount u wanted to buy make a big last buy order to raise coin value as much as possible