I just caught up with the thread now.
I am quite happy that some people showed utajohn that although his intentions might have been good, the way he expressed himself was quite irritating.
Now that this is settled, I am sure the community will keep going forward as a whole and that DMD is on its course to success !
But there is one thing that keeps me flabbergasted: how can the PR community initiative generate so little interest ?
How can such an important step for us all, for DMD, be ignored ?
We are so close to our community funding goal, why don't we reach it ?
If someone can answer these questions, I will simply stop posting about this initiative and I am sure that popshot and cryptonit will put those BTCs to good use, but I need to understand why we can't just find 1BTC to make DMD go mainstream.
I feel more people have the right to join the ship and would probably want to if they were informed.
What do you think ?
I agree. Looking at the price development at Cryptsy people seem to be more interested in short term personal gain than to contribute to long term goals which will benefit everyone, including themselves.
Just a thought here, but we see periodic jumps in network hashrate that are huge. I am assuming this is from miners who calculate the return on investment for all the top coins and mine where the return is best. When DMD value jumps, as it did earlier, these high hashrate miners start mining DMD which drive up difficulty. As difficulty rises their equation turns against them so they go somewhere else only to return when the price is up and the difficulty is down. If I am right, my guess is these miners sell whatever they mine on the price spikes.
There is nothing wrong with this. It is how an market works. It is important that we have sellers as well as buyer to add legitimacy to the currency. I hate seeing the difficulty jump so high so quickly but at the same time we should be thankful someone is participating in our little economy.