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RE: Diamond coins (DMD) vs Bitcoins (BTC), which is and will be the safehaven and a bank

in #cryptocurrency7 years ago

I'm holding 9 diamond atm. How many does it take to stake? I like the promise of this coin but have not seen anything that puts it ahead of other coins from an investment standpoint. I'm hodling anyway =D

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You can stake with as little as 0.5DMD or as much as you have in your wallet. Its a statistical probability to be allowed to stake. We have calculated that since there is a 25% return on investment per year, if you stake 200 DMD and the reward for staking is fix at 0,82DMD, you would stake around 50 times per year, meaning once a week, the initial 200DMD would then within that year grown to about 240-250 DMD. Now imagine the scarcity of the coin and factor in the compound value! So wit your 9 DMD, we can calculate to stake perhaps 2 times in 1 year, so that they become 11 or 12 DMD by the end of next year. Best regards Dr DMD