shveicar
Legendary
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Activity: 1414
Merit: 1013
DMD info: https://diamond-info.github.io/
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September 16, 2015, 11:10:33 AM |
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Looking a the price graph on cryptsy, it looks like DMD is in a long selloff. you can see the price plateaus after each selloff are lower and lower. This is backed up by the buy and sell orders. There is little buy pressure and sell orders are in large blocks are a range of prices well under the previous highs.
I do not think this is one wallet selling off a large block. It looks to me to be more like holders are scared and trying to sell on minor recoveries.
In any case, the sell orders far outweigh the buy orders so unless something happens to change the market it looks to me like we will see decreasing prices for a while. I think we will see the price drop below previous lows. The only question is, are there enough interest DMD investors to buy at the lows or have they already bought all they can on previous price drops? The outstanding buy orders are going to keep the price down for a while.
I am concerned that it will be a long time before we see a price rise that will hold. I am holding right now but I don;t want to be stupid about it either.
Really scared only a few people. Here is one of them https://chainz.cryptoid.info/dmd/address.dws?128594.htmEveryone likes to rising prices, but few are able to withstand a drop. But the logic here is simple - the more people want to sell their coins, the lower the price will be. The market has its limits on the purchase, so those who want to sell everything at once will receive a minimum income. Personally, I see no reason today to sell the Diamonds. General crypto market is still in a recession and the market cleaning from people who dream of quick and easy money what the hell r u talking about ?? r u accusing me of dumping the price ?? u should be careful about pointing fingers when u clearly have no idea of what u r talking about first u attack cryptsy cold wallet and now the owner of one of the biggest dmd wallets i'm offended and u should be ashamed of yourself That is, all the time you prefer to sit in the shade and wait for growth price than to declare itself as the owner of one of the big wallet? This is interesting position, especially when you consider that you have only recently the registered here
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cryptonit
Legendary
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Activity: 3052
Merit: 1053
bit.diamonds | uNiq.diamonds
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September 16, 2015, 11:25:22 AM |
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fact is another wave of coins changed owner now the interesting part will be what the new big stakeholder will do with it do they try get in touch with DMD Diamond Foundation and work together to create something great or do they sit in shadows and hope santa claus will bring presents
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keb
Newbie
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Activity: 2
Merit: 0
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September 16, 2015, 12:00:56 PM |
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why do u both think i am new stakeholder or recently registered ?? i created my account in march but have only sent a few pm since then with dmd i didn't need to ask any questions reading the thread was enough to convince me to invest in this fine coin i have bought cloud mining shares and contributed to campaigns and will continue to do so i believe in this coin but yes, i prefer to sit in the shadows and are going back there now end of discussion
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shveicar
Legendary
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Activity: 1414
Merit: 1013
DMD info: https://diamond-info.github.io/
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September 16, 2015, 12:25:56 PM |
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why do u both think i am new stakeholder or recently registered ?? i created my account in march but have only sent a few pm since then with dmd i didn't need to ask any questions reading the thread was enough to convince me to invest in this fine coin i have bought cloud mining shares and contributed to campaigns and will continue to do so i believe in this coin but yes, i prefer to sit in the shadows and are going back there now end of discussion
I wonder if everyone who has bought a lot of Diamonds behave in a similar way (sitting in the shade and waited for grow price) what be a result we see would have right now? Probably very bad. So good luck to you and wait for your Santa Claus.
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cryptonit
Legendary
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Activity: 3052
Merit: 1053
bit.diamonds | uNiq.diamonds
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September 16, 2015, 12:33:54 PM Last edit: September 16, 2015, 01:17:34 PM by cryptonit |
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why do u both think i am new stakeholder or recently registered ??
i did talk to the new or old people with a significant amount of coins this "keb" account is one of those i dont know we give all major stakeholder the possibility to have direct access to DMD Diamond Foundation and the ability talk with us and even involve themself and make their own investment a success
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BogdanCo
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September 16, 2015, 07:08:04 PM |
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I noticed again the discontinued connection to the Nicehash pool. Almost every hour at (xx):12 minutes the hashes goes to 0. This issue was solved, if I remember correctly some time ago. Not so nice, because now when the DMD is cheap, I should mine over night around 10 DMD, but with this drops it's around 6-7 DMD...
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Kabapka
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September 16, 2015, 07:16:47 PM |
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does anyone has an approimate of ROI in DMD ? i mean the stake % per day or month ,..
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BogdanCo
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September 16, 2015, 07:27:52 PM |
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does anyone has an approimate of ROI in DMD ? i mean the stake % per day or month ,..
Every 1000 DMD stakes a little more than 40 DMD a month, like cryptonit says... If you want % per month then divide 50%/12 months.
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DMDCreeper
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September 16, 2015, 07:57:21 PM |
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why do u both think i am new stakeholder or recently registered ?? i created my account in march but have only sent a few pm since then with dmd i didn't need to ask any questions reading the thread was enough to convince me to invest in this fine coin i have bought cloud mining shares and contributed to campaigns and will continue to do so i believe in this coin but yes, i prefer to sit in the shadows and are going back there now end of discussion
I wonder if everyone who has bought a lot of Diamonds behave in a similar way (sitting in the shade and waited for grow price) what be a result we see would have right now? Probably very bad. So good luck to you and wait for your Santa Claus. It looks to me like someone is driving the price down intentionally. There are large buy orders in at around .0006. It will be interesting to see of that order is cancelled if the price drops close to that and another order posted at an even lower price. Even though we are looking at a 50% drop in price there are still no real buyers. The buyers are looking for a 60% or 70% drop and maybe even more.. The question is, who would sell at this much of a discount?
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shveicar
Legendary
Offline
Activity: 1414
Merit: 1013
DMD info: https://diamond-info.github.io/
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September 16, 2015, 08:27:37 PM |
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why do u both think i am new stakeholder or recently registered ?? i created my account in march but have only sent a few pm since then with dmd i didn't need to ask any questions reading the thread was enough to convince me to invest in this fine coin i have bought cloud mining shares and contributed to campaigns and will continue to do so i believe in this coin but yes, i prefer to sit in the shadows and are going back there now end of discussion
I wonder if everyone who has bought a lot of Diamonds behave in a similar way (sitting in the shade and waited for grow price) what be a result we see would have right now? Probably very bad. So good luck to you and wait for your Santa Claus. It looks to me like someone is driving the price down intentionally. There are large buy orders in at around .0006. It will be interesting to see of that order is cancelled if the price drops close to that and another order posted at an even lower price. Even though we are looking at a 50% drop in price there are still no real buyers. The buyers are looking for a 60% or 70% drop and maybe even more.. The question is, who would sell at this much of a discount? If there are people willing to sell their coins in a large number for a song, then they should sell them as cheaply as possible
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Kabapka
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September 16, 2015, 08:47:38 PM |
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does anyone has an approimate of ROI in DMD ? i mean the stake % per day or month ,..
Every 1000 DMD stakes a little more than 40 DMD a month, like cryptonit says... If you want % per month then divide 50%/12 months. thats not much ,i mean 4% per month ?
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cryptonit
Legendary
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Activity: 3052
Merit: 1053
bit.diamonds | uNiq.diamonds
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September 16, 2015, 10:01:58 PM |
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does anyone has an approimate of ROI in DMD ? i mean the stake % per day or month ,..
Every 1000 DMD stakes a little more than 40 DMD a month, like cryptonit says... If you want % per month then divide 50%/12 months. thats not much ,i mean 4% per month ? DMD isnt a hyperinflation coin we have a coin rolloutplan for 30 year with constant decreasing inflation and a max of 4.3 million coins if u want to double ur money fast go in casino there u get 50% too and instant 50% double 50% nothing and even that is a lie because the 0 is not black or red so u dont have a 50% win chance ur win chance is only 18/37
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mvinon
Newbie
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Activity: 98
Merit: 0
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September 16, 2015, 11:57:44 PM |
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i was happy buying at the highs and been accumulating since. If I can secure more cash I will buy more. Deep discount right now. The only thing that makes me nervous is that these sells leads me to believe that they are coins that are proof of staked, so the people have nothing to lose. Maybe that is a downfall the 50% but over the long hall I think we cannot go wrong. The name of the game is buy low sell high, and if you bought high then average down. If you don't believe or get to emotional when the price drops then you should not be in. It is like a penny stock, at the ground floor, when she goes she goes up fast and everyone on the sidelines watching that did not invest put down some money and then it goes down they second guess and sell. All we need is strong hands and hey just put in a little here and there and see where you are in 5 years. My plan is 5 years and then I will re evalute. If you dont like the violent swings then put your money under your mattress and see how much you have in 5 years...my guess would be the same amount under the mattress and much much more here. Go long and strong, and don't let your emotions get to you as. The water under the bridge goes low and then comes up high.
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chilo
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September 17, 2015, 12:22:43 AM |
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i was happy buying at the highs and been accumulating since. If I can secure more cash I will buy more. Deep discount right now. The only thing that makes me nervous is that these sells leads me to believe that they are coins that are proof of staked, so the people have nothing to lose. Maybe that is a downfall the 50% but over the long hall I think we cannot go wrong. The name of the game is buy low sell high, and if you bought high then average down. If you don't believe or get to emotional when the price drops then you should not be in. It is like a penny stock, at the ground floor, when she goes she goes up fast and everyone on the sidelines watching that did not invest put down some money and then it goes down they second guess and sell. All we need is strong hands and hey just put in a little here and there and see where you are in 5 years. My plan is 5 years and then I will re evalute. If you dont like the violent swings then put your money under your mattress and see how much you have in 5 years...my guess would be the same amount under the mattress and much much more here. Go long and strong, and don't let your emotions get to you as. The water under the bridge goes low and then comes up high.
Hi mvinon, You are exactly correct to view DMD as a long term investment. Do not worry about people selling their staked coins for a lower price now, as it allows us to accumulate more and assists in a wider coin distribution. POS rewards will reduce around March/April next year to 25%, then reduce again a couple of years after to 5% so now is the time to accumulate and hold to maximise your POS earnings. This is definitely an asset to accumulate and hold for the medium to long term. I too have accumulated coins both around the price peaks and in the lows and I have lost nothing. Keep up the positive attitude! Regards chilo
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cryptonit
Legendary
Offline
Activity: 3052
Merit: 1053
bit.diamonds | uNiq.diamonds
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September 17, 2015, 08:47:16 AM |
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DMD have POS as main coin rollout mechanism same as bitcoin have POW as main coin rollout mechanism
the difference is u need no big mining farms and renew/increase mining capacity to be able take part in coin rollout
not invest in hardware instead invest in the coin direct
coins create coins as coin rollout mechanism
the most fair way of coin rollout
if people now sell or keep that earned DMD thats their own business
fact is if u keep them they increase ur POS earning power
if u sell them u helping spread the coin
more stakeholder is always good
low prices like now are ideal to attract new people
only total unexperienced investors are happy to join a coin that is on a all time high
experienced investor love the opportunity to invest when a coin is in a low price state
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Kabapka
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September 17, 2015, 07:21:29 PM |
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DMD have POS as main coin rollout mechanism same as bitcoin have POW as main coin rollout mechanism
the difference is u need no big mining farms and renew/increase mining capacity to be able take part in coin rollout
not invest in hardware instead invest in the coin direct
coins create coins as coin rollout mechanism
the most fair way of coin rollout
if people now sell or keep that earned DMD thats their own business
fact is if u keep them they increase ur POS earning power
if u sell them u helping spread the coin
more stakeholder is always good
low prices like now are ideal to attract new people
only total unexperienced investors are happy to join a coin that is on a all time high
experienced investor love the opportunity to invest when a coin is in a low price state
but how one can start holding the coin ,I have to buy ? or any giveaways?
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chilo
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September 17, 2015, 07:27:52 PM |
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DMD have POS as main coin rollout mechanism same as bitcoin have POW as main coin rollout mechanism
the difference is u need no big mining farms and renew/increase mining capacity to be able take part in coin rollout
not invest in hardware instead invest in the coin direct
coins create coins as coin rollout mechanism
the most fair way of coin rollout
if people now sell or keep that earned DMD thats their own business
fact is if u keep them they increase ur POS earning power
if u sell them u helping spread the coin
more stakeholder is always good
low prices like now are ideal to attract new people
only total unexperienced investors are happy to join a coin that is on a all time high
experienced investor love the opportunity to invest when a coin is in a low price state
but how one can start holding the coin ,I have to buy ? or any giveaways? Hi Kabapka, DMD is worth 80k sats, how many do you want given to you? Regards chilo
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cryptonit
Legendary
Offline
Activity: 3052
Merit: 1053
bit.diamonds | uNiq.diamonds
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September 17, 2015, 07:35:33 PM |
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DMD have POS as main coin rollout mechanism same as bitcoin have POW as main coin rollout mechanism
the difference is u need no big mining farms and renew/increase mining capacity to be able take part in coin rollout
not invest in hardware instead invest in the coin direct
coins create coins as coin rollout mechanism
the most fair way of coin rollout
if people now sell or keep that earned DMD thats their own business
fact is if u keep them they increase ur POS earning power
if u sell them u helping spread the coin
more stakeholder is always good
low prices like now are ideal to attract new people
only total unexperienced investors are happy to join a coin that is on a all time high
experienced investor love the opportunity to invest when a coin is in a low price state
but how one can start holding the coin ,I have to buy ? or any giveaways? things u not willing to pay for have no value for u u dont need them u dont desire them people say often but what about love u dont pay for that but u need it u have a desire for it isnt give time and love back a time of payment too? true love is the ideal win-win trade both give something easy to give away (their own love for the other) and get back something they value lot higher (the love of the other for urself) https://en.wikipedia.org/wiki/Subjective_theory_of_valueu can buy DMD at https://www.cryptsy.com/markets/view/DMD_BTChttps://www.bittrex.com/Market/Index?MarketName=BTC-DMD
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Kabapka
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September 17, 2015, 08:02:15 PM |
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DMD have POS as main coin rollout mechanism same as bitcoin have POW as main coin rollout mechanism
the difference is u need no big mining farms and renew/increase mining capacity to be able take part in coin rollout
not invest in hardware instead invest in the coin direct
coins create coins as coin rollout mechanism
the most fair way of coin rollout
if people now sell or keep that earned DMD thats their own business
fact is if u keep them they increase ur POS earning power
if u sell them u helping spread the coin
more stakeholder is always good
low prices like now are ideal to attract new people
only total unexperienced investors are happy to join a coin that is on a all time high
experienced investor love the opportunity to invest when a coin is in a low price state
but how one can start holding the coin ,I have to buy ? or any giveaways? things u not willing to pay for have no value for u u dont need them u dont desire them people say often but what about love u dont pay for that but u need it u have a desire for it isnt give time and love back a time of payment too? true love is the ideal win-win trade both give something easy to give away (their own love for the other) and get back something they value lot higher (the love of the other for urself) https://en.wikipedia.org/wiki/Subjective_theory_of_valueu can buy DMD at https://www.cryptsy.com/markets/view/DMD_BTChttps://www.bittrex.com/Market/Index?MarketName=BTC-DMDmarket is not BIG too <20 coins... and do u know about HYP ? I heard it has 1040% annual return ?
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cryptonit
Legendary
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Activity: 3052
Merit: 1053
bit.diamonds | uNiq.diamonds
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September 17, 2015, 08:19:45 PM |
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and do u know about HYP ? I heard it has 1040% annual return ?
that sound like a futureprove coin rollout concept
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