k sounds great.  hmmmm notice also that in transpay, wallet software could subsidize user transfers , ie the network adds as much or little OC as wanted; (these coins being pealed from last pos as halo suggested) this % of subsidy being either keyed in periodically, or better yet automatic ie derived by computation. So if we need more MN support to maintain our lofty reliable service standards, then the software bumps the price, if we have more nodes than we want, it lowers.  Such adjustment could be severe if needed, especially early on, but i tend to think eventually they will steady down.

btw MN operators should obviously NOT be penalized in any way
(or be omitted from pos rewards) for operating nodes,
that's double talk, we covered compensations being 'what ever it takes' days ago (pay attention ok),

i don't think i could divine or dictate these numbers any better than u could,
 but i do know how to get them.

first we don't mind overpaying a little the first few months, but if were going to pay in orange
we have to be able to control the amount.  eventually we pay just enough to keep em lining up for a MNs, but we don't just throw tons of money away for decades.

idk, so what does it cost to set up/and maintain an MN?  we want to be generous, especially in the beginning. this has to work.

if someone invests say $1000 or a couple of btc for a year, we should probable arrange at least a $300 to $500 (30-50%) profit for the first 6 months or so, but even for that period we would need to control OC amounts, unless we promise btc or USD equivalents (which would also vary OC amounts)

i think there is also a limit to the number of MN we will need at a given moment based on historical user traffic ratios,
50% more than we seem to need would be one thing, while 10x what we need would be something else.

so we want to overpay at first because this service has to be first class all the way, and we want to always have a fluent number of nodes, ie more than we need by some comfortable %, say 15-30% maybe.
 
but we need a way to control the OC payouts down the road, we simply cannot make long range payment plans in a currency we know is going up dramatically, but not how much, this would be self destructive.

yeah halo if dark needs any piece of wise-up intel, it's that 4 mil figure, which is almost 10% of their cap
so every ten years or so these simple trans stations get the whole bleeding cake

anyway we need control down the road, no getting around it, that is the mistake dark made, and we don't need to repeat it.

i think a tranpay (earlier post) method might solve all the problems with relatively little programming,
and it would only cost a fraction of the blind payment plan.  But anything that allows the market to function naturally would work.

curious to see what darkcoin says about 4 million. lol....

So once again sensibility and innovation have been thwarted by traditional ignorance and myopic greed.  No surprises here.

The MN-miner gang will be silent now having successfully arranged the outrageous pork train they were seeking... (this gang was never theory btw, but a matter of record for the literate lol, i was just trying to give these blatant insiders a tactful way out, but they didn't have the sense to take it, so... nm)

No one supporting this insane plan wants anymore highly recognizable and revealing 'USD numbers' being prominently displayed:

such as three hundred thousand dollars ($300,000.00) a year for Mnodes
(if dark turns out to be a closer cousin than black, which i consider to be the higher probability). [see quote above]

The proof is simple math, which unfortunately appears too complicated for this thread, but bottom line is...

over $300k this year will be sucked out by Mnode operators if OC goes to just $1 a coin within the time frame it took dark to go to $10, thereby returning profits hundreds of times the MN expenses, with clueless investors paying the difference.  Sounds fair to me... but nm.

The amazing part is that orange will still prosper, it won't even be noticeably slowed down by this incredible blunder.  So my continued recommendation is to buy more, especially at these xmas morning prices.

besides within months
the community will feel the porky price, strenuously object, and devs will be forced to do it right
^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^
(transpay market discovery, see prior post)

(But this is still no reason for agreeing to grossly overpay for any 2-bit service even for a matter of months,
bad business all round, having to fix it won't be great PR either, but again... nm)

btw i wonder how many have noticed that when comparing BC to OC, BC has more coins (almost 50% more currently), and this will be true for many years to come.  OC has a relatively low rate of new coin creation which is obviously being overlooked by the market, but eventually the laws of S+D will define these smaller numbers with price adjustment, and you wanna be up to your bloody eyeballs in orange when this happens.

but until then i warn, keep your eyeballs and oranges peeled for any attempt to raise the 10% pork size of
this looming MN bankster-class pie.  10% is already deep into the twilight zone.

The gloating recipients of the MN honeypots will be glad to hear that I can't be burning much more time trying to educate their benefactors, but will continue my search for signs of intelligent life in crypto.  No charge for the 10 million dollars worth of advice, since you only used about 5 cents worth.

btcMagnet

ps don't forget, if you're fondling coins out there...

Ancient Orangease proverb say:  Orange in hand worth two in squoosh.

 

the MN-gang is theoretical on my part, i hope they turn out to not exist at all.

But the probability of $80,000.00 plus price tags on this service is a matter of mathematics, not theory.

and it's just way too much, and figures (very soon) to be even more by my calculation,
btw i dont think even the creators of this coin realize its potential.
 
such astronomical overpaying would be an unnecessary drain on the oc economy for decades,
ie we could get the same, and prob better, service with a free market system.  

This principle is basic in all economic systems, and it is being total ignored by these hopeless attempts to divine and dictate the future value of orange.  You can't promise to pay a fixed amount in given currency for the next 45 years without having some clear idea of what that currency will be worth over that span of time.  Orange is going up in serious multiples soon, which makes this blind promise an unbelievably bad deal for the orange community.

i have said nothing here to detract from oc value, while other have suggested destructive things i wont even repeat.

but maybe if you succeed in discrediting me you can go back to the 20% plan.

well with black at 16 cents a coin, even if Orange does only half as well,
this 1st year of 1 million coins in your 10% plan will cost the holders $80,000 worth of Orange.  
Just wondering what it will cost to operate a MN?  Maybe what... 100 bucks a year?
(not counting investing in OC since that is not an expense but a wise investment which creates a tangible and liquid asset)

The 20% plan that this MN-miner gang tried to get ratified would have cost investors $160,000 a month, instead of the $80,000 a month we are being threatened with now.
[math below]
(Personally i think oc will do far better than half of black.)

$0.16 div 2 = $0.08 x 1000000 OC = $80,000

anyway i don't think it is up to you, or these other... all trying to set up a string of cash cow MNs before anyone besides me actually understands these numbers. We can only hope that whoever finally runs the show here has more long range biz sense than to litter orange with a 45-year string of 24/7 blood-sucking honey pots, regardless of what other coins have done or what this gang of MN-miners want.

We want an official announcement, this isn't. I am annoyed, we have got a great coin and are losing time with bad communication, and it's not so much to present things a bit better

We need more than those 4 lines with specifications. What is Orangecoin thinking, trying to win time again.

I have been waiting long enough, I want to have dates ! I want to know when new wallet will be released and when will be able to start with Masternodes

Tell Orangecoin  to do better communication.

i have said nothing here to detract from oc value, while other have said destructive things i wont even repeat.

but maybe if you succeed in discrediting me you can go back to the 20% plan.

well with black at 16 cents a coin, even if Orange does only half as well, these 1st year 1 million coins in your 10% plan will cost the holders $80,000 worth of Orange.
[math below]
(Personally i think oc will do better than half of black.)

$0.16 div 2 = $0.08 x 1000000 = $80,000

anyway i don't think it is up to you, We can only hope who ever finally runs the show has more long range biz sense than to litter orange with a 45-year string of honey pots, regardless of what other coins have done or what this gang of MN-miners want.

No offence Jim but What this post above really says is....
all you investors out there that have been follow this discussion
better speak up now if you don't want these Mnode 10x plus HONEY POTS set up,
bleeding you 24/7 for the next 40-45 years, just like in the bankster hives.

Just wondering what it will cost to operate a MN for a year?  Maybe what... 100 bucks a year?
(not counting investing in OC since that is not an expense but a wise investment which creates a tangible and liquid asset)

Notice Jim thinks 6 figures a year is a perfectly reasonable price for MNs.  
If you don't think so better say it NOW!!

The dilution from ending PoS earlier to pay the MN is negligable and is the only drawback considering the other options we can chose from, 10% of the cap over 40-45 years is not bad to deal with.  Our other options accelerate OC way up into its price curve, there's no room for further price growth for decades.

anon is certainly worth paying for, and we should pay well,
ppl should line up to get in,
but when they start getting into fist fights, we are overpaying.

btw i think the $ is shit and will turn to zero very soon and suddenly, but this is not relevant to anything else im saying

contracts are made by such indirect methods all the time, not the point

Here is the point:
If that $100,000 plus figure above doesn't bother you, than you are planning on personally having a few MNs.  Which might influence your fair judgement here.

I'm just an investor trying to keep the price for this service within this solar system.

the number of nodes is not important, 10 was a for instance.
We are trying to discover and fix a total monthly/yearly cost for this method of achieving anon.
This cost should be measured in some amount that can be appreciated (and understood) by the investors.

The 15% plan does not offer this, it promises fixed amounts in OC currency for the next 39 years, while we are all clueless as to what OC will be worth next week.

the question is in 3 parts:

1. how much a month/year do we want to pay for this service

regardless of how many MNs, we need to define X:
$1200/month?
2 btc/month?
1 oz gold/month?
125000 OC/month?

if we make it OC (as in the 15% plan) we lose control of the true equity associated with this figure because compared to the other three OC is an infant.  If OC rises to only half the fame of cousin black we (holders of orange) would be paying over $100,000 a year for this particular method of achieving anon service.

2. in what measure or currency do we contract to pay (with OC at the base of this payment)

i think it has to USD or btc.
OC doesn't work (unless we offer a new price frequently, see below), it's in multi-parley mode, see no. 1 above

3. and for how long do we make these contracts

well the more stable the 'currency of measure (no. 2)' the longer we could guess at what will be reasonable,

historically the dollar is by far the most stable, but going down,
and btc has a bright future, going up
both on the move over a schedule measured in years (which the 15% plan is trying to fix today).

so i think we should offer a new price every month, maybe if we updated that frequently we could even offer and pay directly in OC

btw i think the $ is shit and will turn to zero very soon and suddenly, but this is not relevant to anything else im saying