[ANN] ¤ DMD Diamond 3.0 | Scarce ¤ Valuable ¤ Secure | PoS 3.0 | Masternodes 65%

[cryptonit]

Ok, 53.5k coins so far.

I m really positive we can reach 100k DMD to fill up the reactor. Cmmon people this is only $100 per person for 1k DMD I m talking about. If you cannot invest more, add $100 to the pot, I m positive most of you can do this without any problems.

Also, option 1 gives you back your coins after 1 year and option 2 gives you more cloud mining shares. I am sure 90% of you here do plan to buy additional DMD cloud mining shares at some point in the future, why don't you do it now and help fuel this reactor.

Not to mention that every additional minted coin from the reactor increases your own cloud mining payouts, so it s a win-win situation.

I am sure you all understand how rare it is to be a part of an honest project with a lots of potential during these hard crypto times. I am also sure none of you ve got many potentially profitable and interesting investment opportunities like this one, if any. So why we not showing some support and pushing this project over the finish line, let us get those 100k.

Disclaimer, I have no vested interested in DMD other then being DMD holder and investor like many of you. Also, please do not consider this as any kind or pressure, I am just sharing my thoughts with you on this snowy day (at least in my kindgom).

Ok cryptonit. If I am in for a penny, I'm in for a pound.

Please increase my pledge for option 1 to 2.5k, and I will also exchange 1k for cloudmining, option 2.

On another note, we once discussed allocating (as a donation) a percentage of cloudmining to the foundation, perhaps via the webpage. Maybe we could do that still, or allocate to reactor on behalf of the foundation? You guys provide services and should receive some payment. In 5 to 10 years when it is worth a fortune, you may decide to distribute some to people involved in this type of support, and it could never be viewed as being unfair on people who have chosen not to contribute. I would happily contribute some percentage as a donation to support the foundations activities.

Regards

chilo

by lend coins to the reactor u support the foundation
it increase profitability of dmd cloudmining
and create a new btc price independent payout generation pillar

thx a lot for ur support

even once reactor launched people able to join in with coins and support us

so this way contribution is possible for everyone who want
whenever he want

and for option 1 the coins not even gone u get them back after 12 months

basical u donated the POS rewards they generated

and earned back some of that donation with ur own dmd cloudmining shares

when ur share of total amount in reactor is same as ur share on total amount in the cloud

it ends up performing
around the same as they would in ur own wallet

[cryptonit]

we still seek more contribution to this project:

DMD Reactor "light"

This need no wallet code change it give the reactor no advantage over normal wallets
it support network with a very big 24/7 staking wallet and it support dmd cloudmining with 70% of its POS earnings
(30% of its pos earnings stay in reactor to slowly increase its size same as all DMD cloudmining investments follow this 70/30 rule)

there are two ways how people can take part at Reactor
both ways and the whole project have to be seens as longterm support of the main stabilisation mechanism
for already big cloudmining shareholders who hold a lot DMD option 1 is ideal

for new (or people without dmd cloudmining shares) investors a 33/33/33 split between
buy DMD for ur wallet
buy dmd for reactor option1
buy DMD for reactor option2 or invest BTC for cloud shares
might be interesting

option 1. contribute

lend dmd for 12 months to reactor and get nothing in return
beside the additional DMD from reactor staking that ur existing dmd cloudmining shares qualify u
(but people who dont lend and have cloudmining shares would profite too from reactor)
at end of 12 months foundation will offer u a bounty to leave them in reactor for other 12 months
or u decide against it and get ur coins back

option 2. invest

ur dmd actual $ value value will be converted into dmd cloud shares 1:1
this dmd u will never get back they stay in reactor forever
but the cloudmining shares u keep and so the dmd cloudmining earnings


both options are not great investment opportunity but supportive act for dmd cloudmining

same in other words:

Option 1 is a joint effort from larger DMD holders to increase minting rewards which ll be distributed to DMD cloud shareholders.
In other words, they voluntarily put their coins into this large minting pot in order for all shareholders to benefit.
This option gives no special benefit to investors, it s just a nice move to support something we all believe in. You get your coins back at the end of the minting period so you basically just lend them.

Option 2 is people using their DMD to buy additional cloud mining shares and these DMD coins used to pay for these shares will again go into large minting pot which will produce additional rewards for all DMD cloud shareholders.

None of these options are obligatory, if you feel you should contribute to DMD community, do it. If not, no problem, we still love you all. ))

------------------------------------

for now we have "lend" coins option 1

30k helmut/cryptonit
10k alex/popshot
2.5k anonymousG
2.5k chilo
1.5k Eliano
1k anonymousA


and invested coins option 2

2.5k anonymousG
1.5k anonymousJ
1.5k big_coins
1k chilo
1k anonymousI
0.5k anonymousA


--------------------
total 55.5k


(we only accept coins send to us once its clear we launch it
the trigger value that we make it will be somewhere around 50k but goal still come as close as possible to 100k)

-------------------

thx to all who contribute!

[pokeytex]

[

Thank you kindly Cryptonit and thank you Utahjohn - I will leave you positive feedback for a trustworthy transaction.

shares transfered

Thank you - I see them in my account.  Most appreciated.

[cryptonit]

Why no mentioning anymore of coin creation rate?  Is the coin creation rate still a big issue of concern and something you will be dealing with separately in another way?

coins are rolled out to slow
to some degree our unique  rewardswitch trigger counter this
(with total coins and not blocknumber)

but still once we above 1500000 total coins there is a long time without a rollout adaption
in in that long timeframe the rollout would leave the plan a lot and be much slower
(that alone should show u how we think because we think now about issues that will have big visible effect on the rollout in a few years....)

so in fact there will be a adaption just a small one in coin rollout to compensate this

the ways to do this are endless

but we hear the community they want a way accessable for anyone without investment needed
which in fact remove mining from the table.......

i know that isnt what miners wanted to hear

but in fact if invest 100$ into dmd cloudmining is a issue to be part of original reactor

then be forced invest a few hundret $ into GPU for beeing able to mine is a issue too

  ok i tryed to beat reactorV1 critizicer with their own logic

in fact its not decided how it will be done even slightly increased POW rate after 1000000 might be possible

like 0.12 instead of 0.10 each block

dont expect drastical changes
its just a small adaption needed

just enought to make sure we dont need 50 instead of 30 years for coin rollout

a favorite solution in my eyes would be to add a new feature called PoN
prove of node which doesnt replace POS but is a new blockgenerating source rewarding
(not empty/to counter endless virtual PC wallets) wallets for their uptime

we have a pseudocode solution for this
if someone in community have the skills
and is interested to contribute in a research project
get in touch with us to transform it into real code

in fact lot is possible for the future

example POW POW PON POS as a four blockgenerating sources soloution
that is like "Hybrid² Security²"

stick with the original design but always improve
i guess we are masters in this
people can be sure about stability because core mechanics stay unchanged
but they can be also sure we improve it

POS to POS²
Hybrid Security to Hybrid² Security²

just to show a few possible paths

[danbi]

danbi's pool again has a problem with the wallet. This time the wallet will be reset as there is likely bad data in the current one.

I have noted all the transactions that did not go out, and if these do not complete, will send again manually. This is likely to take some time, as I am soon boarding an 27 hour flight (yep, no typo). Do not worry, your coins won't be lost.

EDIT: In general transactions between 2015-02-05 22:33:53 EET and 2015-02-05 23:16:45 EET failed. If you do not receive your coins within one-two days -- the same amount, just different transaction number -- please let me know to investigate.

[utahjohn]

Now is a good time to add donkeypool into miner failover list or even better as primary pool.
see http://dmd.donkeypool.com:808 we are honest pool with payout at 2 DMD done hourly.

IMO Danbi should be spending more time on wallet code than trying to keep a unsupported MPOS code base alive.  
The days of Danbi's being ONLY DMD pool are over

[utahjohn]

Again I see the market responding to the recent strife among community.  Little support for reactor V2.  Bad idea, glad I exited from cloud (at 25% loss) also.  At least I have a chance to make PROFIT staking ...

[vegasguy]

All this drama is not good for the coin. It think its time to calm things down. Maybe we should not do any changes for a bit. Market is not reacting well. DMD was doing just fine the way it was. Ive been in dmd since near the begining, and I dont think Ive ever felt this uneasy. @devs, if you Truly want to reward the large dmd holders, then do so by hardforking the next wallet release to reward any dmd wallet holder with over say 5000 dmd with 100% pos or 200% pos. There done. NO REASON to send our funds to you. DONE!

Vegas

[MadGhost]

All this drama is not good for the coin. It think its time to calm things down. Maybe we should not do any changes for a bit. Market is not reacting well. DMD was doing just fine the way it was. Ive been in dmd since near the begining, and I dont think Ive ever felt this uneasy.

Vegas

Every coin is falling with the bitcoin so lets wait for the market to become stable.

[vegasguy]

All this drama is not good for the coin. It think its time to calm things down. Maybe we should not do any changes for a bit. Market is not reacting well. DMD was doing just fine the way it was. Ive been in dmd since near the begining, and I dont think Ive ever felt this uneasy.

Vegas

Every coin is falling with the bitcoin so lets wait for the market to become stable.

Not everycoin. Just bought 2mil of Digibyte today. Thats going ONE direction, and NO drama.

Here are the last 30 days of both coins:



Here is chart for 30 for dmd :



Notice about 30 days ago, price was well with dmd before all this talk about sending massive funds to the devs wallet.. errrr.. I mean magic reactor. Lol.. that chart reminds me of broken train rails.

Vegas

[utahjohn]

DOH I posted long ago that we must become free from BTC ... open USD markets. quit being only cryptysy centered.  we have 2 exchanges that list DMD/USD and they are virtually ignored.  What happens with a new wallet update?  We know the historical delays from cryptsy.  I for one would move to another market if it was viable.  I am not selling DMD at the moment but we need to consider this ...

[shveicar]

All this drama is not good for the coin. It think its time to calm things down. Maybe we should not do any changes for a bit. Market is not reacting well. DMD was doing just fine the way it was. Ive been in dmd since near the begining, and I dont think Ive ever felt this uneasy.

Vegas

Every coin is falling with the bitcoin so lets wait for the market to become stable.

Not everycoin. Just bought 2mil of Digibyte today. Thats going ONE direction, and NO drama.

Here are the last 30 days of both coins:



Here is chart for 30 for dmd :



Notice about 30 days ago, price was well with dmd before all this talk about sending massive funds to the devs wallet.. errrr.. I mean magic reactor. Lol.. that chart reminds me of broken train rails.

Vegas

Digibyte? this empty doll coin. everything will be just as with paycoin
The puppeteers, good warm hands on this coin

[crazyivan]

There s really no need to create confusion. The reactor will be started since we have collected 50k coins. It ll be nice to get 100k but even with 50k, it s on. So in the end, cloud shareholders will see their payouts increased due to this issue.

Regarding the price, I do not see any major problem with the price, so it went down a bit, these are only temporary variations. Would you feel insecure about Bitcoin going down 100% since last summer? I don't, not at all. It takes time for crypto to develop, we just need to be extremely patient. I know sometimes this is not easy thing to do but this is one of the most important traits of professional investors - nearly limitless patience. Trust me, I work in investment banking and I ve learned this lesson the hard way.

Remember, this coin is not another speculative tool. It s aimed towards SUSTAINABILITY and long term earnings.

In my opinion, improvements, innovations and additional traits are always good as long as they create benefits for the community. This reactor will generate additional stream of revenue for cloud shareholders and coin will continue to grow. How is that bad for anyone?

[utahjohn]

WTF Harrison Bergeron ... u tout the benefit to the community when u in fact are blinded by the cloud.

[utahjohn]

Nice one
https://chainz.cryptoid.info/dmd/tx.dws?c92a3c02b54dc1cddf840017dc17c728b61befe322611c1336bfa6dcad3cba83.htm

[utahjohn]

BTW I have never seen anyone acheive leet status before
I hate to be repetitious but pool mining is actually better than solo because of "Peer Magic" where the pool is notified immediately of new blocks versus solo mining polling every minute.
http://dmd.donkeypool.com:808

[chilo]

There s really no need to create confusion. The reactor will be started since we have collected 50k coins. It ll be nice to get 100k but even with 50k, it s on. So in the end, cloud shareholders will see their payouts increased due to this issue.

Regarding the price, I do not see any major problem with the price, so it went down a bit, these are only temporary variations. Would you feel insecure about Bitcoin going down 100% since last summer? I don't, not at all. It takes time for crypto to develop, we just need to be extremely patient. I know sometimes this is not easy thing to do but this is one of the most important traits of professional investors - nearly limitless patience. Trust me, I work in investment banking and I ve learned this lesson the hard way.

Remember, this coin is not another speculative tool. It s aimed towards SUSTAINABILITY and long term earnings.

In my opinion, improvements, innovations and additional traits are always good as long as they create benefits for the community. This reactor will generate additional stream of revenue for cloud shareholders and coin will continue to grow. How is that bad for anyone?

crazyivan,

I really like your posts they are amongst the most sensible on here.

If we want reward next week this may not be the right asset for us. I am prepared to wait and work for years.

chilo

[utahjohn]

market cap < 100K been down to 95K.
OK pop it's time to bring out the big gun!

[utahjohn]

Take a look at this block (going mercenary here)
https://chainz.cryptoid.info/dmd/block.dws?781409.htm
What is wrong there? haha hint 1% or 1.05%
I made notice to pool ops to check block generation weeks ago.  Danbi's was fine however us.miningfield.com is in error.

[pallas]

Take a look at this block (going mercenary here)
https://chainz.cryptoid.info/dmd/block.dws?781409.htm
What is wrong there? haha hint 1% or 1.05%

0.05 = transaction fees? what's wrong with that?