Hello ! What can you tell me to convince me of buying DMD
?
to be honest its not the time to convince someone
there will be better times when we run promotion and release new stuff
but maybe thats the ideal point because the competition to get a few of the rare dmd is less
for now some reasons i could give ya is that there is a bunch of people working
since over 1 1/2 years on this and they have a clear stated coinrollout plan that last 30+ years
since a bit over a week pow rewards are great reduced (nearly 90% less) and from now on biggest part of coin rollout will be done with POS
around a year (up to 1500000 total coins) POS will be still 50%
so coins needed to produce coins
any coin u buy now will double itself in the next two years
another argument might be dmd/btc price relation
DMD did stay stable since september but everyone who did own dmd in this 6 months die increase the amount of coins by 25% in this half year
so store wealth in dmd is more rewarding than hold btc
VISUALIZATION OF DIAMOND ROLL-OUT PLAN
(TOTAL COINS AND POW/POS COINS PER MONTH)
RED LINE = new coins each month produced by POW (numbers on right side)
GREEN LINE = new coins produced each month by POS (numbers on right side)
TOTAL COINS (numbers on left side)
numbers on bottom of graphic are the months (the graphic represent a 30 year timeline)
keep a closer eye on coin specs and check how coin roll-out will develop over next 30 years
beginning with total coins 450000 a 50% POS will be simultaneous active with the 1 DMD POW reward each block
and start the diamond rush
(BLUE CIRCLE) on pic
if u analyze that u can see that this POW mining paradise only last a few months
(to be exact until 1 million total diamond are existing)
later most of coins are produced by
POS (GREEN ARROW) and to do so u need to have diamonds
everyone who sell 1 diamonds instant lose like at least 2 diamonds.....
because every diamond u mine now would at least double if u keep holding and pos it over time
the whole design of
diamond is to be a
wealth storage coin aimed to be a
good investmenti hope this visualization of coin specs long-term effect of on coin roll-out
can help u realize how valuable diamonds will be once POW is reduced by 90%
and high POS will be main source of coin creation
that
coins are required to create more coins (POS)will be the reason for lower availability of coins on exchanges and increasing prices
remember only coins in ur wallet gather coin-age and can generate POS rewards
long term our goal is to provide dmd user access to bitcoin 2.0 possibilities
(assets smart contracts blockchain powered apps and services)
also what dmd diamond is not is good to know
its not a young coin with premine and/or IPO where u have to fear dev sell premine and leave coin
i suggest read first page of this thread and the website
https://bit.diamonds/also the people behind this coin are real people with real names
https://www.linkedin.com/pub/helmut-siedl/92/460/586and we have the goal to create a real company that will focus on the apps and services in crypto business
