cryptonit
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bit.diamonds | uNiq.diamonds
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July 20, 2015, 05:40:10 PM |
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BogdanCo
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July 20, 2015, 07:08:48 PM |
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Nice story Helmut ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) I will add you as friend on linkedin... if you agree, of course ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) ) I think you made a small mistake. Isn't supposed to be: Actual DMD is in the phase where POW reward is reduced by 80% but POS still have the full 50% per year interest?
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cryptonit
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July 20, 2015, 09:16:18 PM Last edit: July 20, 2015, 10:08:41 PM by cryptonit |
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Nice story Helmut ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) I will add you as friend on linkedin... if you agree, of course ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) ) I think you made a small mistake. Isn't supposed to be: Actual DMD is in the phase where POW reward is reduced by 80% but POS still have the full 50% per year interest?pre trigger 1 dmd every 60 sec post trigger 0.2 dmd every 100 sec that not exactly -90% but its fur sure lot more than -80% ![Cool](https://bitcointalk.org/Smileys/default/cool.gif) but if we love exact numbers: 1:60= 0.01666 DMD per sec 0.2:100=0.002 DMD per sec 0.01666= 100% 0.01666:100= 0.0001666 is 1% how may % are 0.002 0.002:0.0001666= is 12.004% so POW reward reduced by ~88%
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Trimegistus
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July 20, 2015, 10:34:56 PM |
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so POW reward reduced by ~88%
Does this mean that it is no longer profitable to invest in DMD cloudmining like the one in http://cloudmining.bit.diamonds?
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popshot (OP)
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July 21, 2015, 12:40:19 AM Last edit: July 21, 2015, 01:03:29 AM by popshot |
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Diamond is going international We have a neat Russian translation. This is after after all Diamond's second biggest country/by adoption. Chinese translation is coming soon so the flag is already there. We want to expand East http://bit.diamonds/index.htmland http://bit.diamonds/index-ru.htmlIf you can't see the changes delete your browser's cache. ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FwURz2eC.jpg%3F1&t=663&c=ubxDA-L1tGXGLw)
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popshot (OP)
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 21, 2015, 12:51:38 AM Last edit: July 21, 2015, 01:08:59 AM by popshot |
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Diamond Cloud Mining profitability and PoW reward reduction in Diamond is not related ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) but of course in earlier periods we saw more PoW coins easily avaliable. ![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fbit.diamonds%2Fimg%2FBTTFORUM%2FOP%2FPoW-cycle-info-small.png&t=663&c=5xoVzJ5qQlVjTg) Right now it's 0,2DMD roughly every 2 minutes. As of now the difficulty is 50 so for sure it is economical to mine for those miners. Anyway... Diamond Cloud Mining does not mine Diamonds, it mines Bitcoins. Earned Bitcoins are then traded for Diamonds and sent to you as a payout. This supports the price of this coin, just like its younger cousin Diamond Multipool does.
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Trimegistus
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July 21, 2015, 06:16:28 AM |
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Diamond Cloud Mining profitability and PoW reward reduction in Diamond is not related ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) but of course in earlier periods we saw more PoW coins easily avaliable. ![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fbit.diamonds%2Fimg%2FBTTFORUM%2FOP%2FPoW-cycle-info-small.png&t=663&c=5xoVzJ5qQlVjTg) Right now it's 0,2DMD roughly every 2 minutes. As of now the difficulty is 50 so for sure it is economical to mine for those miners. Anyway... Diamond Cloud Mining does not mine Diamonds, it mines Bitcoins. Earned Bitcoins are then traded for Diamonds and sent to you as a payout. This supports the price of this coin, just like its younger cousin Diamond Multipool does. Thanks, that was also my idea. I was just double checking before investing some BTC into DMD cloud mining. Cheers!
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cryptonit
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July 21, 2015, 08:53:50 AM |
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[ Diamond Cloud Mining does not mine Diamonds, it mines Bitcoins. Earned Bitcoins are then traded for Diamonds and sent to you as a payout.
This supports the price of this coin, just like its younger cousin Diamond Multipool does.
not only limited to mine BTC in fact the terms of service of DMD Cloudmining states 100% of invested money will be invested into payout generating crypto-business that can be mining staking lending shares of crypto business companies and so on..... 50% of the earnings this investments generate will be converted to DMD and split between DMD Cloudmining shareholder 50% of the earnings will be used for reinvest to allow a conservation of earning power for long time a investment in DMD Cloudmining is a slow ROI but long payout generating invest with a very possitive effect on DMD trading volume and marketprice dont invest ONLY in DMD Cloudmining alway combine it with a nice filled DMD Wallet and enjoy POS² (prove of stake + prove of shares) ------------------------------------------------------- ![](https://ip.bitcointalk.org/?u=http%3A%2F%2Foi59.tinypic.com%2F2rxej9c.jpg&t=663&c=3zB6jRQeSp8HGg)
NO Electricity Bills NO Maintenance NO Heat NO Noise NO Timesink NO Complicated technology NO Quickly decreasing mining rewards
Join DMD Cloudmining -> EARN DMD EACH DAY! YES!
(additional DMD Cloudmining shares qualify for DMD Reactor payouts!
Visit us: cloudmining.bit.diamonds terms & conditions Terms of Service for questions Email us: cloud@bit.diamonds What's the best way join into DMD Diamond and DMD Cloudmining?
I suggest split it as follows:
a) 50% on buying Diamonds directly b) 50% in Diamond Cloud Mining.
This way I could achieve both maximizing the profit and stabilizing the coin. Diamond Cloud Mining can earn Diamonds every day, those Diamonds stake with 50% PoS interest. Some would call that Double PoS or simply PoS² (Proof of Shares and Proof of Stake).![](https://ip.bitcointalk.org/?u=http%3A%2F%2Foi58.tinypic.com%2F2d9z7z8.jpg&t=663&c=xkTP0-80BiKPiw) Step by Step guide buy shares: Register ur wallet at dmd cloudmining website activate the settings area activate the convert to shares option in settings send btc towards ur linked BTC address u get them converted into DMD Cloudmining shares I am not a Registered Investment Advisor, Broker/Dealer, Financial Analyst, Financial Bank, Securities Broker or Financial Planner. The Information is provided for information purposes only. The Information is not intended to be and does not constitute financial advice or any other advice, is general in nature and not specific to you. Before using this information to make an investment decision, you should seek the advice of a qualified and registered securities professional and undertake your own due diligence. None of the information is intended as investment advice, as an offer or solicitation of an offer to buy or sell, or as a recommendation, endorsement, or sponsorship of any security, Company, or fund. DMD Diamond is not a regulated investment vehicle. DMD Diamond, like all crypto currencies, is experimental in nature and should be considered and treated with appropriate caution. There is no central point of control or representative entity, DMD Diamond is a distributed decentralized peer-to-peer currency and commodity. Consult a licensed professional financial advisor before making any investment decisions. I am not responsible for any investment decision made by you. You are responsible for your own investment research and investment decisions.
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BogdanCo
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July 21, 2015, 04:24:32 PM |
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Nice story Helmut ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) I will add you as friend on linkedin... if you agree, of course ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) ) I think you made a small mistake. Isn't supposed to be: Actual DMD is in the phase where POW reward is reduced by 80% but POS still have the full 50% per year interest?pre trigger 1 dmd every 60 sec post trigger 0.2 dmd every 100 sec that not exactly -90% but its fur sure lot more than -80% ![Cool](https://bitcointalk.org/Smileys/default/cool.gif) but if we love exact numbers: 1:60= 0.01666 DMD per sec 0.2:100=0.002 DMD per sec 0.01666= 100% 0.01666:100= 0.0001666 is 1% how may % are 0.002 0.002:0.0001666= is 12.004% so POW reward reduced by ~88% OK... so also the time to find a block was increased... then it makes sense
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cryptonit
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July 21, 2015, 07:31:48 PM Last edit: July 21, 2015, 07:44:11 PM by cryptonit |
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Nice story Helmut ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) I will add you as friend on linkedin... if you agree, of course ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) ) I think you made a small mistake. Isn't supposed to be: Actual DMD is in the phase where POW reward is reduced by 80% but POS still have the full 50% per year interest?pre trigger 1 dmd every 60 sec post trigger 0.2 dmd every 100 sec that not exactly -90% but its fur sure lot more than -80% ![Cool](https://bitcointalk.org/Smileys/default/cool.gif) but if we love exact numbers: 1:60= 0.01666 DMD per sec 0.2:100=0.002 DMD per sec 0.01666= 100% 0.01666:100= 0.0001666 is 1% how may % are 0.002 0.002:0.0001666= is 12.004% so POW reward reduced by ~88% OK... so also the time to find a block was increased... then it makes sense in fact we faster then before old ruleset 1x pow each 60 sec 1x pos each 600 sec thats 11 blocks in 600 sec and now with new ruleset we have 1x pos each 100 sec 1x pos each 100 sec thats 12 blocks in 600 sec average 50 sec (52 sec if u consider diff engine adaption delay) and it works like a clockwork if u look here: https://chainz.cryptoid.info/dmd/#!overviewmost days are around 52 sec intervall
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cryptonit
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July 21, 2015, 08:08:03 PM |
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nice 12 BTC trading volume and this time without a new whale jump in ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FtkmebDM.png&t=663&c=XLgVA9tNRftYfA)
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cryptonit
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July 22, 2015, 09:25:18 AM |
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additional to our go china initiative we also aim for arabic room and india if u are a crypto enthusiast able speak/write arabic get in touch with me contact@bit.diamonds
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cryptonit
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July 22, 2015, 11:36:40 AM Last edit: July 22, 2015, 11:51:47 AM by cryptonit |
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look at this https://chainz.cryptoid.info/dmd/address.dws?94031.htm (cryptsy coldwallet) and think again if u want to leave ur DMD at exchange and lose all POS earnings because the POS the exchanges do u never see a single DMD of that.........
dont waste ur money! (u lose all POS earnings while ur coins stay at exchange!)
![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fwpblogger.com%2Fwp-content%2Fuploads%2F2010%2F01%2Fburning-money.jpg&t=663&c=IaRp_EAW4j0bmw)
withdraw DMD into ur wallet and stake for urself!![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fwww.savingdiary.com%2Fwp-content%2Fuploads%2F2014%2F08%2FInterest-Earned.jpg&t=663&c=lREyvJ8TAbfjhQ)
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Galactus
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July 22, 2015, 12:01:04 PM |
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look at this https://chainz.cryptoid.info/dmd/address.dws?94031.htm (cryptsy coldwallet) and think again if u want to leave ur DMD at exchange and lose all POS earnings because the POS the exchanges do u never see a single DMD of that.........
dont waste ur money! (u lose all POS earnings while ur coins stay at exchange!)
![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fwpblogger.com%2Fwp-content%2Fuploads%2F2010%2F01%2Fburning-money.jpg&t=663&c=IaRp_EAW4j0bmw)
withdraw DMD into ur wallet and stake for urself!![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fwww.savingdiary.com%2Fwp-content%2Fuploads%2F2014%2F08%2FInterest-Earned.jpg&t=663&c=lREyvJ8TAbfjhQ) crazy people. They lose a lot of money.
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Caмaя кpyтaя и пpoгpeccивнaя кpиптoбиpжa Укpaины - Kuna!Bвoд и вывoд c минимaльнoй кoмиccиeй чepeз - Kuna Code, Visa/MasterCard, GEO, QIWI, Advcash, Payeer, Perfectmoney, oбмeнники, пpиeм и выдaчa фиaтa (cкopo).Удoбнoe мoбильнoe пpилoжeниe. Лyчшaя 24/7 тexничecкaя пoддepжкa (ua, ru, en).
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hiddensphinx
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July 22, 2015, 12:02:11 PM |
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cryptonit
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July 22, 2015, 01:56:15 PM |
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WHOA!!! Cryptsy making money from us ![Angry](https://bitcointalk.org/Smileys/default/angry.gif) nothing evil there form cryptsy side they dont sell that POS generated coins at least mullick which lot people trust a lot said thats not what cryptsy is doing with POS earnings if someone leave coins at a exchange its only his own fault he waste POS earnings same on bittrex or any other exchange dont leave coins there! withdraw in ur wallet and start enjoy POS earnings if u love play daytrader games do that with pow coins they have no earning power by themself so beside security aspect they are same valueable no matter if on excahnge or private wallet for POS coins that is different! withdraw in own wallet to profit form them the way they are designed by rewarding investors who hold coins
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vegasguy
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"Yobit pump alert software" Link in my signature!
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July 22, 2015, 02:05:01 PM |
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Its worse than that. Because they have a massive wallet, they will get most of the stake rewards, leaving the rest of us with none. They did that with tek coin, until the tek coin community raised hell! Vegas
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I want to make sure everyone knows that I just released my software called "Yobit pump alert". THis is custom software that uses an algo to detect the start of a pump here on yobit, the second it starts. YOu can even filter the coins you see by price. Most pumps start less than 100 sats , so you can easily filter the cheap coins, so they are the only ones displayed https://bitcointalk.org/index.php?topic=1945937.msg20241953#msg20241953
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TimC
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July 22, 2015, 02:13:32 PM |
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Its worse than that. Because they have a massive wallet, they will get most of the stake rewards, leaving the rest of us with none. They did that with tek coin, until the tek coin community raised hell! Vegas Why do you think that Cryptsy always has the cheapest DMD. It's because they are selling you your stakes. They are getting free coins by holding your coins and they are selling those stakes to you.
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cryptonit
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bit.diamonds | uNiq.diamonds
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July 22, 2015, 02:59:15 PM |
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Its worse than that. Because they have a massive wallet, they will get most of the stake rewards, leaving the rest of us with none. They did that with tek coin, until the tek coin community raised hell!
Vegas
maybe true because of strange TEK mechanics that more coins get more POS rewards not true for DMD here everyone get same rewards no matter if u own 100 or 100000 coins u will get 50% pa and noone steal POS rewards from someone else but u can waste ur POS rewards by destroy coin age in transactions or by leave ur coins at a exchange
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cryptonit
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July 22, 2015, 03:03:53 PM |
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Why do you think that Cryptsy always has the cheapest DMD. It's because they are selling you your stakes. They are getting free coins by holding your coins and they are selling those stakes to you.
there is no prove they do that but a official statement only cryptsy can give but fact is if u leave ur coins there its ur own fault u dont earn POS rewards from them..... if cryptsy would sell coins and people withdraw we should see regulary withdraws from that coldwallet....... i cant believe their hotwallet is alone able cover that much withdraws
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