In your opinion, whales who control most masternodes can control the supply or float? Why would Whales really hold a masternode unless they believe in it tho? The trouble with the masternode coins is that if the volume is not high, then the price is open to manipulation. Manipulation can and will dump the prices. Then it will not matter how many coins you made by installing a masternode.
actually the problem with masternodes is that you are running a node to an altcoin and that is the risky part because we all know that all the altcoins are getting pumped and dumped so you are bound to be influenced by the dumping side of it for at least 80% of the time that you run that node since the pumps don't last that long. This is the main problem with masternodes which you are really bound about dumping.Just take a look on what happened on Minexcoin wayback then when it do have masternodes. It becomes popular and later on it do dumps and investors who do purchase more coins that have been parked do lost most of their investment. This is why ill always prefer on buying my own mining equipment since you can able to see it physically and can still possibly mine out profitable coins instead. that is the problem with any coin distribution system that is based on "profit" or in other words is designed in a way to give you more if you have more. at some point there will be whales who end up owning a large amount and they only keep it while they are pumping the coin and as they are done pumping they suddenly dump crashing the price hard. it can happen to masternode coins, to PoS coins, and anything that is similar to that design. |
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haven't heard from anyone on this topic
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Since op bumped his own thread I will respond with my take on it since I did both back in november 2018 when this thread was started until now. Does it mean that Masternodes has a lot of benefits as compare to mining? I mean it looks like it doesn't require you to have a big money to invest to begin with and you're off to go? Sorry for my noob questions but it looks like its a interesting concept. I'm also under the impression that not all coins/tokens are set-up just this?
I would believe mining is safer then investing into masternodes. There have been so many bad ones out there so it is hard to decide which one is good and which ones are bad. Because the amount needed to invest into one of these good ones are alot and it seems you are paying out a loan so to receive this amount back after receiving your rewards for staking from your wallet. I tried with one coin and it failed miserably because the coin tanked a few weeks later after accumulating enough to start a masternode so the rewards were only worth a quarter of what it was when they first released the specifics of how much each holder would earn. So it is all dependent on many factors. Atleast with mining you have the hardware to fall back on once you are happy with the amount of coins you have used the equipment to mine with and part out the system when you want to. So more flexibility when it comes to getting back what you spent on a mining farm. we call this "indicators" because anything you invest into, you must follow the Positive or Negative indicators of any crypto coin. |
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we can help you investigate users
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the second point is the same as mining crypto but masternode is simpler because it only uses VPS, but there is a risk if using VPS because VPS owners can revoke VPS that you rent without notice, I have read the VPS rules not to mine cryoto
still need a vps to make it work |
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Setup Masternodes is launching a beginners eBook guide
What do you want to see and read about in the ebook for beginners?
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NEWS!!! Setup Masternodes is a team of Techie Nerds supporting BIRAKE Community members with... Fast, affordable, and non-technical support for the Setup only with the step by step guidance of your Masternodes100% of Rewards, Private Keys, and coins stay with you!!! 100% Trustless! We only charge $19.70 for troubleshooting and full setup guided walk through (DO IT YOURSELF) SUPPORT ------------------------------------------------ * Telegram Chat with us: https://t.me/setupmasternodes* Site: SetupMasternodes.com* Devs: Please pm us for further listing and alliances opportunities along with others in the community See: https://setupmasternodes.com/business-alliances------------------------------------------------- we just launched the new update for BIRAKE ! |
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NEWS!!! Setup Masternodes is a team of Techie Nerds supporting DESIRE Community members with... Fast, affordable, and non-technical support for the Setup or Hosting of your Masternodes100% of Rewards, Private Keys, and coins stay with you!!! 100% Trustless!------------------------------------------------ * Telegram Chat with us: https://t.me/setupmasternodes* Site: SetupMasternodes.com* Devs: Please pm us for further listing and alliances opportunities along with others in the community See: https://setupmasternodes.com/business-alliances------------------------------------------------- updated are launched on the new site |
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John just made a payment 1 hour ago to 1. learn from the experts of his new masternode  Officially launched the new website Few different services available 1. learn from the experts 2. hosting plans 3. setup only We can setup ANY and ALL masternodes for a one time fee of Setup only! |
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We made a new update to this website for anyone looking for Help with the Experts Officially launched the new website Few different services available 1. learn from the experts 2. hosting plans 3. setup only We can setup ANY and ALL masternodes for a one time fee of Setup only! |
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1 hour ago- John makes a payment to receive our help to teach him how to setup XLQ Masternode Why people choose us? SetupMasternodes.com has been in a business since March 2018. Reviews and Ratings. Industry leader. Does not request or steal private keys or ask you to send masternode coins to us. We put warnings out about scammers in the industry. |
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This is our new website page.
Platform is set to launch in 15 days
Login, Choose a coin, Deposit payment, and enjoy the easy setup of your masternodes of choice!
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