How to make serious money by investing into Proof-of-stake – PoS and masternodes

[crazyivan]

9 more days till 4th DMD Bday.

Masternode activation will take place in August and DMD bake the cake and win awesome prizes competition s starting to heat up.

[ruptan]

Cool..so what is the specialty of this coin? Can you mine?

[shveicar]

Today, the market for various crypto currencies has become quite large and is gradually gaining popularity.

What should be known a newcomer who wants to buy a digital asset:
1. How many coins will be in the system (there is a big difference between unlimited coins and coins having a finite value) It is also important to consider the availability of premine*
2. When the coin was created and how many years have passed since its inception
3. How large the inflation in the selected coin is
4. What income does the system offer you and how long will you receive it
5. The presence of the activity of the team and its developers who regularly publish all the necessary information
6. Position of the coin in the general list of other crypto currencies and its current value
7. The average daily trading volume and the possibility of rapid exchange on various trading floors.

All these basic points will help you to create an overall picture when making a decision about investing

[crazyivan]

Cool..so what is the specialty of this coin? Can you mine?

Yes, you can mine it ATM but PoW will be abolished in about a month. You can use DMD multipool to mine something else via Nicehash and get paid in DMD. That s what lots of people do, indirect mining, it s quite profitable cause your coins continue to stake.

[shveicar]

There is already very little time before the publication of White Paper with a description of the future for Diamond v3.0
This will be very interesting information.

[trecore4]

It looks good project and I can’t believe that it is online since 4 years. The price is going up pretty well. If you suggest the price is going to hit $5 then that would be like good investment with price below $1 in it. Thats like 5X the profit. But how about there are no campaigns running about it currently? Or is there any ANN thread please let us know.

[crazyivan]

It looks good project and I can’t believe that it is online since 4 years. The price is going up pretty well. If you suggest the price is going to hit $5 then that would be like good investment with price below $1 in it. Thats like 5X the profit. But how about there are no campaigns running about it currently? Or is there any ANN thread please let us know.

The price reached $5 for a short period of time a few weeks ago I m confident DMD Diamond ll get there eventually. Here is ANN https://bitcointalk.org/index.php?topic=580725.0

[crazyivan]

Tomorrow is DMD Diamond 4th Bday. How many of cryptocoins you know which can say they have been enough that long? Especially PoS coins. I know a very few of them.

[shveicar]

4 years for Diamond is a round date

Let's take a short look into the past for Bitcoin.
An interesting historical fact.
The project bitcoin started in 2008.
But February 9, 2011 (4 years after the appearance), 1 bitcoin cost $ 1, after which there was a long decline.
March 23-24 BTC reached parity with the euro and the British pound.
On June 2, the cost of one BTC was $ 10, and in a week it shot up to $ 31.91.

I do not want to grow here a direct relation with the growth stages of Diamond, but you will agree that there is some similarity in the dynamics of development  

My congratulations Diamond on the fourth anniversary  

DMD Diamond 3.0 White Paper

[crazyivan]

Still solid as a ROCK! Talking about storage value, BTC drops 20%, DMD Diamond goes up in price.

[JasonXG]

This is some interesting and helpful I formation thank you for contributing. I collect many coons myself and its nice to hear others thoughts and opinions on the matter. I enjoyed reading through the comments as well.

I would like to just add that you should never turn your nose up to small profits or lesser known coins. Its about making money so keep thst in mind.

Still solid as a ROCK! Talking about storage value, BTC drops 20%, DMD Diamond goes up in price.

Its a great currency. To me its quite obviously worth investing. I mean... Look st the charts. Its as you say. An amazing longterm coin.

[SyGambler]

last month I started my experience with PoS , the coin I got was Clam and invested it in JD so far it's really good as long as you know when is the best time to buy your capital
so most likely I will buy another PoS wallet , so I will keep my on this thread

also guys do you know any thread that talks about PoS coins and compare them ??

[shveicar]

last month I started my experience with PoS , the coin I got was Clam and invested it in JD so far it's really good as long as you know when is the best time to buy your capital
so most likely I will buy another PoS wallet , so I will keep my on this thread

also guys do you know any thread that talks about PoS coins and compare them ??

I have not yet encountered good and detailed comparisons for different POS coins.
I can only add that many developers when publishing on the start page of the specification, try in every possible way to hide the fact of unlimited for a particular coin.
I believe that the value of any digital asset is determined by the absence of inflation and the maintenance of the total number of coins in the system at the declared level.
Diamond managed to combine these two factors and in the future version of wallet 3.0 this new system will be realized.
I made an additional information resource (Besides the main site) for DMD https://diamond-info.github.io

[crazyivan]

last month I started my experience with PoS , the coin I got was Clam and invested it in JD so far it's really good as long as you know when is the best time to buy your capital
so most likely I will buy another PoS wallet , so I will keep my on this thread

also guys do you know any thread that talks about PoS coins and compare them ??

CLAM s nice, especially JD part but it s got a few things I do not like.

1. It s got no cap, unlimited number of coins.
2. The dig is still possible, anyone with an old BTC address can dig a lot of coins and dump them on the market.

However, I m not saying you should not hold CLAM, I used to do it and was quite happy with it. I do suggest differentiation into other coins as well. DMD Diamond is my primary PoS choice, I am a long time holder and even member of the team, so yes, I can say I m biased. That does not change the fact DMD Diamond has brought me nothing but profits in the past.

BTW, join DMD Diamond slack if you have more questions about DMD or PoS in general.

We re about to switch to masternodes and this is going to be even more profitable for holders.

[crazyivan]

DMD continues to appreciate, masternode mining will be huge next year, people pls think about this, not only DMD but also several other MN coins. PoW is a relict of the past!

[crazyivan]

Here we go over $4 again.

[xFiber]

I've briefly looked into the diamond coin and they promise an annual 25% interest on your staked coins. But how do you keep getting your interest when the total amount of 4.38 million coins has been reached. I looked into it rahter quickly so forgive me if I missed something essential.

[tehMoonwalker]

great post and whoever followed ur advice made a ton of money

[tehMoonwalker]

I've briefly looked into the diamond coin and they promise an annual 25% interest on your staked coins. But how do you keep getting your interest when the total amount of 4.38 million coins has been reached. I looked into it rahter quickly so forgive me if I missed something essential.

look at circ supply https://coinmarketcap.com/currencies/diamond/

only 2mil supply has not been reached!

[xFiber]

I've briefly looked into the diamond coin and they promise an annual 25% interest on your staked coins. But how do you keep getting your interest when the total amount of 4.38 million coins has been reached. I looked into it rahter quickly so forgive me if I missed something essential.

look at circ supply https://coinmarketcap.com/currencies/diamond/

only 2mil supply has not been reached!

I think you misunderstood my question. I know but what happens when the supply threshold has been reached? How can you keep getting 25% interest on your coins on an annual basis if the maxium coin supply has been reached.