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RE: Diamond coins (DMD) vs Bitcoins (BTC), which is and will be the safehaven and a bank
I dunno it's doing better than many other coins, especailly if you bought in June as the bitcoin value went up when others dropped only being supported by the increasing value of Bitcoin.
Hope this big drop in diamond coin is just a correction :P
The big drop is not only in DMD but almost ALL coins out there. Many chaff coins will be deleted by this market wipeout. DMD is one of the fewer smaller coins being able to withstand the onslaught. The developers actually WELCOME a crash in BTC or altcoins because it will clear the chaff and leave the strong standing. As you can see on the DMD price! Join the community and have a look for yourself. Its also ok to sit on the sidelines. Marketwaves come and go, with each wave, more and more of the sand around those good gemstones on the beach are removed and the brilliant ones stand tall. Thanks for reading!