cryptonit
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bit.diamonds | uNiq.diamonds
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October 17, 2017, 12:14:52 PM |
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if u choose DMD longterm average down is the correct tactic https://www.thebalance.com/averaging-down-good-idea-or-foolish-risk-3140535if u did just jump in for a quick gain face the fact that its called risc vs reward and not guranteed free money in my opinion even as a shortterm trader i would not sell instead i would start run POS with the coins this way u keep earning a income until price is above ur buy price and then u can decide to sell without loss + POS gains or the weeks enjoy POS income did teach ya already sell is a bad idea at all its not a loss until u finalize the loss by sell
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Trimegistus
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October 17, 2017, 12:57:17 PM |
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4000 DMD split into 20 blocks of 200 DMD each should give a decent POS return after a few weeks. Be smart, don't sell
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cryptonit
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October 17, 2017, 01:33:55 PM |
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4000 DMD split into 20 blocks of 200 DMD each should give a decent POS return after a few weeks. Be smart, don't sell like 15 DMD a week while ya wait til markets recover then u can reconsider if u want to sell not with a loss but with a gain or u just keep earning via POS
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cryptonit
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bit.diamonds | uNiq.diamonds
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October 17, 2017, 05:02:44 PM |
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we have some issues with slack invite webpage we have to disable the invite link we had until yet and change to manual invites please request access to slack via email at contact@bit.diamondsadd some personal words so we know its a human empty or just invite please 2 word emails wont be invited
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davembg
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Smell the glove.
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October 17, 2017, 06:23:35 PM |
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hopefully price will bottom out soon, with almost half of all DMD locked away in masternodes i thought this would really help sustain the price....i guess there were alot more speculators around the 3.0 release than i thought
$10/dmd was really nice when it lasted...
My impression is that this downward trend is not caused by speculators, but by master nodes who sell some of their earnings. As soon as we reach phase 2 of DMD v3 coin distribution it will be much harder go get any serious amount of DMD. That would be a paradox; the ones who have more invested in this coin are also the ones drowning it? I believe masternode owners are the prime stakeholders and therefore the ones who have more to gain from a higher price. I can only speak for myself; I own a masternode and I'm nor selling a single DMD! The block reward will be reduced DRASTICALLY over the next 2.5 years. At block 115,200 (5mo), it starts a decline of 500% over an ~2yr period. The price will drop even further over that time due to decreasing rewards and cost of initial entry with marginal returns. Knowing this is key to developing a profitable strategy.
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blacksidi
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October 17, 2017, 06:54:07 PM |
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I could be also the different way, if the coin reward is lower, the price will rise because of the limited quantity of coins (not locked)
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cryptonit
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October 17, 2017, 08:20:26 PM Last edit: October 17, 2017, 08:36:22 PM by cryptonit |
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The block reward will be reduced DRASTICALLY over the next 2.5 years. At block 115,200 (5mo), it starts a decline of 500% over an ~2yr period. The price will drop even further over that time due to decreasing rewards and cost of initial entry with marginal returns. Knowing this is key to developing a profitable strategy.
then we would make something wrong high inflation is never supporting a lasting raise of value the opposite is true DASH MN have a ROI of 5% does it looks like it turned bad for DASH because of that? i expect DMD price raise with decreasing reward and decreasing sellpressure the hardening of constant decreasing inflation will in fact start the true raise of DMD together with release of services and apps that utilize DMD 2019/2020 the goal of DMD must be that people like they do now with BTC want to gather DMD even with zero incomestream attached to it and then add of top the incomestream as bonus coins create coins can not be solo purpose of a coin it can just be a added goodie on top of a solid coin with a longterm viable coin rollout plan and a active and living ecosystem build around it
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bitChipper
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October 17, 2017, 08:38:28 PM |
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does anyone know the requirements to get added to cryptopia?
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popshot (OP)
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October 17, 2017, 08:49:13 PM |
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Jason Clarke
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October 18, 2017, 09:22:49 AM |
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Trimegistus
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October 18, 2017, 09:45:25 AM |
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What are you doing to help improve the situation? We all have a role to play! We cannot just sit and wait for the price to rise, that's not how the world works. Get the word out, put a logo in your blog, talk to your friends about it, show it to your family, make a real contribution instead of just complaining here. Sorry for my bitterness, but I've been here for some years and I'm sick of people bitchin about the price and waiting for others to make their investment profitable. DMD, like so many other things in live, is an opus ensemble
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pokeytex
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October 18, 2017, 10:08:07 AM |
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I could be also the different way, if the coin reward is lower, the price will rise because of the limited quantity of coins (not locked)
Why in the hell would you promise positive returns to investors? That makes no sense at all. Are you in control of the market?
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eliano
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October 18, 2017, 12:49:19 PM Last edit: October 18, 2017, 03:55:02 PM by eliano |
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Investors will have what they expect..., over time. Two weeks?! There are people here that did take care of this coin for past three years, with patience and time. They planted the olive tree,... they cared for it,... protected it from the weather, now that the harvest is a bit late, you complain of not being able to have the oil... After two weeks?! Patience and time... olive tree is hard to grow
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NoxX
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October 18, 2017, 05:25:58 PM |
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Is there a compiled qt wallet for RasPi by now? Or instructions how to compile it yourself? I found the instructions for compiling a headless wallet, but I would prefer the QT wallet with GUI...
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davembg
Sr. Member
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Activity: 340
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Smell the glove.
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October 18, 2017, 06:46:06 PM |
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Is there a compiled qt wallet for RasPi by now? Or instructions how to compile it yourself? I found the instructions for compiling a headless wallet, but I would prefer the QT wallet with GUI...
Yeah, don't do that. GUI on the Pi is annoying and pitifully slow. There are pre-built binaries for Raspbian here, or, you can build them using the "depends" framework in the source tree. https://github.com/LIMXTEC/DMDv3/tree/master/dependsYour HOST for the Pi is aarch64-linux-gnu.
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The Prophet
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October 18, 2017, 07:03:27 PM |
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sry...I know that coins are going up and down but I just don't understand what is happening right now. I am not panicking or the like, but I would just like to understand what is going on. Why the sudden drop? There must be a reason that I don't see as I am probably not deep enough in the crypto space. But I have been a dmd supporter since 2014. Maybe someone can clarify? Thanks.
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NoxX
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October 18, 2017, 07:27:19 PM |
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Is there a compiled qt wallet for RasPi by now? Or instructions how to compile it yourself? I found the instructions for compiling a headless wallet, but I would prefer the QT wallet with GUI...
Yeah, don't do that. GUI on the Pi is annoying and pitifully slow. There are pre-built binaries for Raspbian here, or, you can build them using the "depends" framework in the source tree. https://github.com/LIMXTEC/DMDv3/tree/master/dependsYour HOST for the Pi is aarch64-linux-gnu. Thanks for the info. I was trying to put DMD v3 onto the latest version of RokOS, but that is Ubuntu-based, not Debian. Would the precompiled binaries still work, or do I have to compile myself then?
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bitChipper
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October 18, 2017, 08:14:58 PM |
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sry...I know that coins are going up and down but I just don't understand what is happening right now. I am not panicking or the like, but I would just like to understand what is going on. Why the sudden drop? There must be a reason that I don't see as I am probably not deep enough in the crypto space. But I have been a dmd supporter since 2014. Maybe someone can clarify? Thanks.
If i had to guess I would say it's because people are selling off DMD for BTC for the coming fork of bitcoin gold in order to get that free coin. It makes sense because so many other altcoins have had the same price movement. What concerns me is that the number of masternodes are growing not increasing, so that may mean that the only people who sold off their DMD were stakers. It couple be more profitable for someone with 10k dmd to just stake now insteadt of run a masternode. One thing thats important to remember is that dmd is up like 300% this year vs btc, i think it started 2017 at around 15-20ksats. So even at 126k sats its still WAY up. Some other things to note is that DMD is only really traded on one exchange, if we get more exchanges then more investors could flow in. Another thing is that the market cap is only 16mil, compare that maybe to PIVX which is like 200mil?? Alot of room to grow
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cryptonit
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bit.diamonds | uNiq.diamonds
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October 18, 2017, 09:50:45 PM |
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sry...I know that coins are going up and down but I just don't understand what is happening right now. I am not panicking or the like, but I would just like to understand what is going on. Why the sudden drop? There must be a reason that I don't see as I am probably not deep enough in the crypto space. But I have been a dmd supporter since 2014. Maybe someone can clarify? Thanks.
more DMD sold then bought means price go down more DMD bought then sold means price go up i dont think more to explain here that there is some altcoin -> btc and later btc -> altcoin stream of value was always one of the tidal forces in the market i see absolute nothing special in this situation beside the opportunity to pick up some more DMD and average down cost per DMD this way increase future earnings
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