Re: [ANN] Diamond (DMD) Evolution v 2.0 | NEW wallet, 50% POS Active
I think this is not possible to mint so much more because next year it will be 50% of them and the worth will fall deep this way because peole are trying to earn as far as i can imagine.
later you just cant sell it, its not even a plastic diamond.
later you just cant sell it, its not even a plastic diamond.
thx for contribute with ur insight of cryptobusiness economics
may i point u to the fact that the original coin model would have rolled out 4.3 million coins in 8 years
and the V2 model rollout plan increased that timeframe to 30 years
for educational purpose once again:
Quote
VISUALIZATION OF DIAMOND ROLL-OUT PLAN
(TOTAL COINS AND POW/POS COINS PER MONTH)
RED LINE = new coins each month produced by POW (numbers on right side)
GREEN LINE = new coins produced each month by POS (numbers on right side)
TOTAL COINS (numbers on left side)
numbers on bottom of graphic are the months (the graphic represent a 30 year timeline)
i think for now market price is driven by insta-selling miners
daily *1500 diamonds have to be bought if people would sell instant
but keep a closer eye on coin specs and check how coin roll-out will develop over next 30 years
beginning with total coins 450000 a 50% POS will be simultaneous active with the 1 DMD POW reward each block
and start the diamond rush (BLUE CIRCLE) on pic
if u analyze that u can see that this POW mining paradise only last a few months
(to be exact until 1 million total diamond are existing)
later most of coins are produced by POS (GREEN ARROW) and to do so u need to have diamonds
everyone who sell 1 diamonds instant lose like at least 2 diamonds.....
because every diamond u mine now would at least double if u keep holding and pos it over time
the whole design of diamond is to be a wealth storage coin aimed to be a good investment
i hope this visualization of coin specs long-term effect of on coin roll-out
can help u realize how valuable diamonds will be once POW is reduced by 90%
and high POS will be main source of coin creation
that coins are required to create more coins (POS)
will be the reason for lower availability of coins on exchanges and increasing prices
remember only coins in ur wallet gather coin-age and can generate POS rewards
(TOTAL COINS AND POW/POS COINS PER MONTH)
RED LINE = new coins each month produced by POW (numbers on right side)
GREEN LINE = new coins produced each month by POS (numbers on right side)
TOTAL COINS (numbers on left side)
numbers on bottom of graphic are the months (the graphic represent a 30 year timeline)
i think for now market price is driven by insta-selling miners
daily *1500 diamonds have to be bought if people would sell instant
but keep a closer eye on coin specs and check how coin roll-out will develop over next 30 years
beginning with total coins 450000 a 50% POS will be simultaneous active with the 1 DMD POW reward each block
and start the diamond rush (BLUE CIRCLE) on pic
if u analyze that u can see that this POW mining paradise only last a few months
(to be exact until 1 million total diamond are existing)
later most of coins are produced by POS (GREEN ARROW) and to do so u need to have diamonds
everyone who sell 1 diamonds instant lose like at least 2 diamonds.....
because every diamond u mine now would at least double if u keep holding and pos it over time
the whole design of diamond is to be a wealth storage coin aimed to be a good investment
i hope this visualization of coin specs long-term effect of on coin roll-out
can help u realize how valuable diamonds will be once POW is reduced by 90%
and high POS will be main source of coin creation
that coins are required to create more coins (POS)
will be the reason for lower availability of coins on exchanges and increasing prices
remember only coins in ur wallet gather coin-age and can generate POS rewards