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Author Topic: Diamond(DMD) Beware of  (Read 9948 times)
SgtMoth (OP)
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February 28, 2015, 01:45:05 AM
Last edit: March 13, 2015, 04:07:08 PM by SgtMoth
 #1

Beware of the Diamond community, if you question anything they are doing your posts will be deleted.  https://bitcointalk.org/index.php?topic=580725.0

They have grouped 71000+ coins together in a central wallet to POS and only distribute staked coins to cloud miners.  If you ask questions, newbie accounts start attacking you.  They are only listed on one exchange with low, easy manipulated volume.  I havent seen this kind of behavior and it seems very odd to attack investors like this.  Im not moderating this thread.  Hopefully this coin will disappear because of low trading volume.  Do your own research and always only invest what you can afford to lose.

*cryptonit has admitted to owning 50% of cloud shares and he profits the most from his dreamed up forced reactor.
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February 28, 2015, 02:40:17 AM
 #2

You guys deleted 15 posts of mine and how many of utahjohn.  You guys were always attacking him for asking questions, why?
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February 28, 2015, 02:44:21 AM
 #3

utahjohn has a stake in dmd and you call him a troll?  The way your community has treated him makes me sick and you guys need to be outed.  When someone asks questions, do you always tell them to STFU?
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February 28, 2015, 02:47:34 AM
 #4

feel free to go to the main thread and read up on all the great things dmd dev team are doing... https://bitcointalk.org/index.php?topic=580725.0  this is an excellent coin to invest in.. a few people troll the main thread because they dint invest in the offers the dev team created.. there is many people that support dmd and love the hard work that has been put into it. as sgtmoth has said DO UR OWN research and u will see its an excellent coin to invest in

Hey everyone, lets put all our coins together and POS them, then well call it a reactor?  But if you dont have any cloud mining, you dont get any of created coins. 
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February 28, 2015, 02:56:16 AM
 #5

I know why, cause you guys werent creating coins fast enough.  For a coin that was suppose to have a low inflation, you guys got impatient.  Thats why I bought into it.  Then one day, without discussing it, the reactor was created.

*I asked sooo many times...how many coins is the reactor making, never to be answered...ya Im a troll, I guess.  You guys were asked to split into 4 wallets too.  But the dev calls it HIS coin and doesnt discuss anything.  Please explain why utahjohn is getting attacked for asking questions.
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February 28, 2015, 03:03:04 AM
 #6

explain this post
ROFLMAO Cryptonit posted a reply to me and quickly deleted it before I could respond to it.
i removed my former posting
because i did think it isnt fair to tell someone he isnt a major investor if he belive he is
so i deleted and did think let him (utahjohn) enjoy his greatness

Show you personal wallet address LOL


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February 28, 2015, 03:18:59 AM
 #7

explain this post
ROFLMAO Cryptonit posted a reply to me and quickly deleted it before I could respond to it.
i removed my former posting
because i did think it isnt fair to tell someone he isnt a major investor if he belive he is
so i deleted and did think let him (utahjohn) enjoy his greatness

Show you personal wallet address LOL



this was posted by a member of the dmd foundation.  Im still waiting for an explaination. 
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February 28, 2015, 06:32:27 AM
 #8

And what are you going to do? Cockerel.  Cheesy I see a team that is actively working on his project and you troll that hinders them. So you can continue to crow in his chicken coop.  Grin
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February 28, 2015, 07:42:54 AM
 #9

I see a team that is actively working on his project and you troll that hinders them. So you can continue to crow in his chicken coop.  Grin

Here is what I see, Cryptonit trying to bamboozle alot of people into buying diamondcoins.

Whenever Questions are asked , they almost never receive direct answers, at best vague ones to end that discussions as soon as possible.

Ask a question or make a statement about how POS works.
Your Reply from Cryptonit is always
I doubt you even understand how POS works.

And yet he can't even bother to correct his english , after over a year his spelling has even gotten worse.

Here are some facts they ignore.
Diamond is a hybrid coin POW & POW , so they say it is more secure than either.
Wrong: It is twice as vulnerable, it can be attacked by a 51% POW attack or 1 of the new 5% Doublespend Attacks.
Reasons , POS will not protect a coin if it has under a few billion coins,
But yet they push it being rare as adding value, it is a danger to POS security.
The group stake feature they added weakens the POS even more since it lowers the number of blocks securing the network.
The POW change in April is less reason to mine the coins, Danbi pool already goes over 40% of the POW mining capacity, at 51% he can run that coin however he sees fit.
Users did not even know how to use coin control until I left a post , that just shows they keeping you in the dark for no reasons.  
There are some zealots that defend the coin without thinking even when thinking about it would help make things better.
POW rewards need to be extended otherwise you will lose more miners and someone may hit your with a 51% attack.
The cloudmining that is supposed to skyrocket the price will fail, since all mining has been losing money.
The Reactor is a weak attempt at securing the coin , just places a lot in 1 spot to be stolen.
Increasing the number of coins in the billions is the only way to secure a POS coin.
Also opens DMD to a DDOS on the Reactor , hit the reactor with a DDOS attack , and your network will be stunned and if a few other things are done , a fork could be triggered so the reactor is on 1 fork and the rest of you on another.

That stunt Cryptonit pulled with noble coin promising to help them to convert to POS , just so he could advertise diamond coin in their forums , was beyond dirty.

It is like you guys are the Eloi and the diamond team is the Morlocks.

It has been one Ponzi stunt after another and you keep falling for it.

One night after April , they are going to have you for dinner.

And you are going to have that same blank stare you have now. Sad to be an Eloi.


And to prove how they censor , they just deleted post with the link to this forum .


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February 28, 2015, 09:43:12 AM
 #10

Quote
It is like you guys are the Eloi and the diamond team is the Morlocks.

Yes but the Eloi defeat the Morlocks Smiley  I just hope I can get my invest back when sh*t hits the fan in April ...

Only with Help from the Time Traveler, the few hundred years before they were just eaten.

You my friend were the Time Traveler, and you have been banned from that time zone by a narrator of DMD.

So Now only possible outcome is [ Eloi it whats for Dinner. ]


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February 28, 2015, 09:43:56 AM
 #11

Pretty much any alt "community" ever eh?  Roll Eyes

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February 28, 2015, 10:52:50 AM
 #12

Oh, so this isnt the first coin they created then.  That explains a lot.  Then Im probability right when I said the newbie accounts are controlled by them.
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March 01, 2015, 04:14:25 AM
 #13

You guys are pretty entertaining and I confess I share some of your concerns although I hesitate to question people's motives.  I believe most people are acting in good faith, maybe not always doing what I think is appropriate but I assume they are not evil.

In any case, I've been doing this for a couple of years not with a few coins and I have seen some pretty stupid stuff with every coin.  The worst mistake these people make is assuming any gimmick they come up with is going to make their coin of choice succeed where all others have failed.  There is still only one way to make a coin successful and that is to create a REAL market for it.  Cloudmining is a FAKE market.  Its the same as investors buying shares of a stock to prop up its value.  It only works as long as they don't sell too!

The coins that have the best chance of succeeding are the ones that people with trade in a real commercial system, i.e. you take my bitcoins for that case fan over there or some other tangible merchandise.  And no matter what any of these wannabes say there needs to be an exchange for real currencies like US dollars.  That is not a bad thing, its a good thing.

DMD is an very closed system.  There is no outside market and no outside interest.  They have one pool and I think danbi is a really good guy who does a great job keeping it up, but as you said, it has been at times almost 100% of the hashing power on the DMD network.

Having said all that, they have done some things right.  POS is a good thing and groestl is far superior to script , script-n and others.  This coin is far more valuable today than it was a few months ago.

I have no illusions about DMD.  I will sell my coins when the time is right because at the end of the day, I am in this for the money.  I have moved on from other coins and I will move on from this one too.  When there are no coins left to mine, I will sell of my gear and hope to get back 30% of the cost.  I guess what I am saying is, don't  fight it, profit from it.  Take what you can get and move on to the next target.

Utah, I do not share their opinion of you.  You know that.  Good luck to you wherever you wind up mining next.
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March 01, 2015, 06:31:12 AM
 #14

Digibyte move to myriad-groestl has saved DMDs bacon, that at least keeps Hash in the GRS network.
If someone can implement AuxPow for GRS then things will look much better.
But DMD will need to fork to myriad-groestl, no?

cheers SgtMoth and Utah
good info
this sheds light on murky areas

so thanks

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March 01, 2015, 07:11:13 AM
 #15

how many coins is the reactor making, never to be answered

you look like a smart guy and you cant check this ?
https://chainz.cryptoid.info/dmd/address.dws?107821.htm
now question answered?

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March 01, 2015, 10:56:19 AM
 #16

Once upon a time, I called out a guy named Pirate and I got slammed for it.  I got my coins back, but lots of people lost a bunch of coins and I didnt warn anyone.  Im not about to make the same mistake twice.  I smell something fishy and Im warning the community.  There are some colorful people here with some bad motives.  We all want to make a lot of money, but Im not about to do it at the expense of others.
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March 01, 2015, 11:06:34 AM
 #17

I see a withdrawal of nearly 1200 coins to  dWPGAFSvqD5XB6qiEyxLtXLbyoZhh1XEKa   from the reactor.

He said there was a payout to cloud mining.  Its early and I have to go to work.  I havent the time to look at this till tuesday.  
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March 01, 2015, 11:12:43 AM
 #18

At least the blockchain explorer is showing more information now, staking,reactor, cryptsy, etc.  I couldnt really tell before.
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March 01, 2015, 02:39:22 PM
 #19

I see a withdrawal of nearly 1200 coins to  dWPGAFSvqD5XB6qiEyxLtXLbyoZhh1XEKa   from the reactor.

He said there was a payout to cloud mining.  Its early and I have to go to work.  I havent the time to look at this till tuesday.  

Could be just someone getting their coins back
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March 02, 2015, 03:19:12 PM
 #20

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Seeing here such activity trolls can immediately understand what they want.
Any new people who come here and see them perseverance tarnish Diamond readily understand that constantly write the same thing just so no one will.
But not for long, and soon a POW award will be reduced by 10 times.
All their attempts to idle chatter on the topic of security and total control will be dispelled by themselves.

One who understands a little crypto currency, can easily understand how a Diamond is now undervalued compared to other coins  Wink

I fully agree. But I have nothing against trolls or people with opposite opinions as long as these opinions are based on some solid ground. After all, we are here to discuss current progress, options and improvements related to DMD.  However, if the main argument is "DMD is doomed and all of you guys who use it are fools...." well, that s infantile and it s obvious these kind of trolls have a different agenda. That s why we have Popshot and his big club.

Its funny how no one cares about that 1200 dmd payment!

*wow, i see you have quite the history of cloud mining, i didnt think there was any money in it.

See Sherlock, those 1200 DMD were distributed to cloud mining shareholders as DIVIDEND on Feb 27. Now apologize to the community for being a troll. Smiley

they went to one address?  So your saying, there is only one cloud miner.

back to deleting my posts, dont want anyone to see this now.
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