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how much did it raise again ?
it doesn't matter how much it raises or falls. the only interesting number here is the 24 hour trading volume, which is close to zero, meaning: there is a very limited number of people interested in ION, who are mostly former paycoin holders trying to get whole again. The ionomy exchange had a 24hr volume of 6.4 BTC, that's where people buy, not on yobit. |
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Your math is not entirely wrong but it needs some corrections, btw I do not think there will be many "team" nodes in the beginning, i.e. less than 100. The majority online now are customer nodes.
Please correct then. "less than 100" still sounds like more than 0, otherwise you would have just said 0, right? Correct. Are you going to elaborate on the problem with my math? I will do that later, I have a dinner now, Amsterdam timezone  |
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Here is some napkin math for the whole masternode/staker thingy.
Stakers that are currently being sold would pay 15% APY (or 17.5% if you have a certain number of atoms), can be "electrified" to 30-35% respectively. I think the XPY converted ones were supposed to pay 25% (50% if electrified) although I can't now find any solid info on that. So let's take 50% APY as the maximum that ionomy could ever need to pay on the deposits in the first year.
The whole ION network will stake more than 100% in the first year (a bit less if the chain does not breath for extended periods of time). 50% of this goes to masternodes, 50% to regular wallets, which means that the "team" does not need any masternodes at all to fulfill their obligations for depositors. They can stake at the regular rate of 11.50 ION per block and still get enough coins even in the worst case scenario (i.e. every staker is electrified, every other wallet on the network also stakes and competes with them, etc).
Your math is not entirely wrong but it needs some corrections, btw I do not think there will be many "team" nodes in the beginning, i.e. less than 100. The majority online now are customer nodes. If there are not many team nodes, where are all the coins that people "put" into stakers going? what about all the coins from the xpy exchange? Also, is this a matter of semantics? Is there a difference between 1 "team node" with all the coins from the xpy exchange, and more than 1 with all the coins spread out? No semantics, 1 node is 1 node. Some coins will stake in wallets. I read that these addresses will be publicly available. |
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Your math is not entirely wrong but it needs some corrections, btw I do not think there will be many "team" nodes in the beginning, i.e. less than 100. The majority online now are customer nodes.
Please correct then. "less than 100" still sounds like more than 0, otherwise you would have just said 0, right? Correct. |
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Here is some napkin math for the whole masternode/staker thingy.
Stakers that are currently being sold would pay 15% APY (or 17.5% if you have a certain number of atoms), can be "electrified" to 30-35% respectively. I think the XPY converted ones were supposed to pay 25% (50% if electrified) although I can't now find any solid info on that. So let's take 50% APY as the maximum that ionomy could ever need to pay on the deposits in the first year.
The whole ION network will stake more than 100% in the first year (a bit less if the chain does not breath for extended periods of time). 50% of this goes to masternodes, 50% to regular wallets, which means that the "team" does not need any masternodes at all to fulfill their obligations for depositors. They can stake at the regular rate of 11.50 ION per block and still get enough coins even in the worst case scenario (i.e. every staker is electrified, every other wallet on the network also stakes and competes with them, etc).
Your math is not entirely wrong but it needs some corrections, btw I do not think there will be many "team" nodes in the beginning, i.e. less than 100. The majority online now are customer nodes. |
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The rough start before the coin even launched just gives it more of the feel of a coin from the past. Not a good sign. Also, the fact they are launching a "gaming" coin with no games is not smart at all. This is the same situation as XPY, absolutely ZERO utility. Without the games, what is the point of ION?
The evidence of how poorly planned out this project is becomes more apparent every day. With no games the price is just gonna drop, and son the ICO investors will be screwed out of even more money.
Was it stated in the white paper that no games would be available upon launch? Was it stated anywhere in the ICO promotions that games for this "gaming" coin would not be available at launch? This all is super shady, but expected by this team of nice guys.
It was never stated anywhere that games would be available upon launch of the coin. But you seem to be very excited, you want everything on day one of the coin launch? |
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Again, I was referring to customer coins and prime controllers, don't make it more spectacular than it is. This is just another boring day, almost weekend.
Oh, so because the guys who ran XPY.io didn't sell/dump millions of customer coins on the market that means they also would never ever sell/dump their millions of premined ION coins? Because they're nice guys? Is that your logic? No, I am sorry, that is solely yours. |
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Is there anyone that traded in their XPY/PrimeC gear for ION/MasterNodes gear?
I would like to know what the ratio of the trade in/over was.
8 xpy : 1 iON, and the iONs were locked in stakers, I think 3, 6 or 12 month stakers, correct me if I am wrong. 12 month stakers were almost sold out instantly I remember. There was no direct PC to MN transfer if you mean that. In fact, because of the different dev teams, I think most customer PC coins had been previously transferred to the platform. So, the current situation is that all iONs traded / swapped are locked in stakers. |
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I was talking about the coins that were in 1 year stakers. And they owned some prime controllers of course. So, no spectacular news.
You're saying they could have dumped customer deposits but they didn't? Shocking. But true. |
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On the contrary my friend. When the coin is released, people will see how intelligent and brilliant the code is, how fast the transactions of the coin are, how well the wallet and the masternodes work etc.etc.etc. At that point we will probably not hear from you again because you are secretly playing an addictive game that ionomy has released. And you and everyone will see how amazing the concept of a gaming and a crypto economy is.
A brief look around xpy.io ionomy.com reveals that your developers are not aware of the QA concept. I have no doubt that the wallet and the games will be also broken in hilarious ways. I was talking about locking up coins in masternodes, not inflation. But XPY and a lot of other coins that are dead now had no incentive at all, I agree with you.
So coins locked in masternodes will be immune to inflation? No, not immune. But if I lock 100K coins in MN's they cannot be used or dumped by others, right? As an investor I will hold them, maybe for years. You are focusing too much on raw inflation charts. The creators of ION will have millions of ION (premined and hyperstaked) for dumping onto the marketplace, just like Garza and his crooks had millions of premined and hyperstaked XPY to dump onto you. The previous xpy.io owners had millions of coins Where exactly did the previous xpy.io owners have their millions of coins from? I was talking about the coins that were in 1 year stakers. And they owned some prime controllers of course. So, no spectacular news. Oh, but how did they get into the stakers and prime controllers? Millions of XPY! Where from? Were those GAW coins? It wouldn't surprise me, since Adam worked together with Joe Mordica who was GAW's CTO. I think it is pretty spectacular. Again, I was referring to customer coins and prime controllers, don't make it more spectacular than it is. This is just another boring day, almost weekend. |
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On the contrary my friend. When the coin is released, people will see how intelligent and brilliant the code is, how fast the transactions of the coin are, how well the wallet and the masternodes work etc.etc.etc. At that point we will probably not hear from you again because you are secretly playing an addictive game that ionomy has released. And you and everyone will see how amazing the concept of a gaming and a crypto economy is.
A brief look around xpy.io ionomy.com reveals that your developers are not aware of the QA concept. I have no doubt that the wallet and the games will be also broken in hilarious ways. I was talking about locking up coins in masternodes, not inflation. But XPY and a lot of other coins that are dead now had no incentive at all, I agree with you.
So coins locked in masternodes will be immune to inflation? No, not immune. But if I lock 100K coins in MN's they cannot be used or dumped by others, right? As an investor I will hold them, maybe for years. You are focusing too much on raw inflation charts. The creators of ION will have millions of ION (premined and hyperstaked) for dumping onto the marketplace, just like Garza and his crooks had millions of premined and hyperstaked XPY to dump onto you. The previous xpy.io owners had millions of coins Where exactly did the previous xpy.io owners have their millions of coins from? I was talking about the coins that were in 1 year stakers. And they owned some prime controllers of course. So, no spectacular news. |
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No, not immune. But if I lock 100K coins in MN's they cannot be used or dumped by others, right? As an investor I will hold them, maybe for years. You are focusing too much on raw inflation charts.
Exactly. Your 100k can't be dumped but the remaining 22m (or whatever it's going to be at the end of year 1) can. And many will. I disagree with you. There are more investors like me btw. You are all convinced coins are going to be dumped but there are some features in this coin that will show that dumping is not the best thing to do. And yes, I trust on the fact that the team/devs will not dump. But I also own stocks, gold, silver, platinum, and I trust whales not to dump those. |
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On the contrary my friend. When the coin is released, people will see how intelligent and brilliant the code is, how fast the transactions of the coin are, how well the wallet and the masternodes work etc.etc.etc. At that point we will probably not hear from you again because you are secretly playing an addictive game that ionomy has released. And you and everyone will see how amazing the concept of a gaming and a crypto economy is.
A brief look around xpy.io ionomy.com reveals that your developers are not aware of the QA concept. I have no doubt that the wallet and the games will be also broken in hilarious ways. I was talking about locking up coins in masternodes, not inflation. But XPY and a lot of other coins that are dead now had no incentive at all, I agree with you.
So coins locked in masternodes will be immune to inflation? No, not immune. But if I lock 100K coins in MN's they cannot be used or dumped by others, right? As an investor I will hold them, maybe for years. You are focusing too much on raw inflation charts. The creators of ION will have millions of ION (premined and hyperstaked) for dumping onto the marketplace, just like Garza and his crooks had millions of premined and hyperstaked XPY to dump onto you. I disagree with you that they will dump them onto the marketplace. The previous xpy.io owners had millions of coins but they did not dump them (if you think so, please show me some proof, the blockchain does not lie). Garza and other altcoin crooks dumped coins, yes. But I have seen many altcoins ending, also when a dev left the team and dumped coins, no news at all. So, not a reason to call every new coin a scam, otherwise you must be present in every new ICO thread, that sounds almost like a day job. |
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On the contrary my friend. When the coin is released, people will see how intelligent and brilliant the code is, how fast the transactions of the coin are, how well the wallet and the masternodes work etc.etc.etc. At that point we will probably not hear from you again because you are secretly playing an addictive game that ionomy has released. And you and everyone will see how amazing the concept of a gaming and a crypto economy is.
A brief look around xpy.io ionomy.com reveals that your developers are not aware of the QA concept. I have no doubt that the wallet and the games will be also broken in hilarious ways. I was talking about locking up coins in masternodes, not inflation. But XPY and a lot of other coins that are dead now had no incentive at all, I agree with you.
So coins locked in masternodes will be immune to inflation? No, not immune. But if I lock 100K coins in MN's they cannot be used or dumped by others, right? As an investor I will hold them, maybe for years. You are focusing too much on raw inflation charts. |
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i try to find information of master node income.
if it is good i will buy 5 master nodes before ico finished.
anyone help ?
Masternode specifications Coins required: 20,000 (minimum and maximum) Reward: 50% of the block reward + all fees for transactions contained in the block Peer validated network uptime Year 1 23 ION/block - 12 Million/year Year 2 17 ION/block - 9 Million/year Year 3 11.5 ION/block - 6 Million/year Year 4 5.75 ION/block - 3 Million/year Year 5-10 1.85 ION/block - 1 Million/year Year 11-100 0.2 ION/block - 100k/year 9 Million total So...Year 1 is interesting...I see an incentive to buy MN's now, let them multiply, hold coins. If 100%+ inflation is "an incentive" you should have invested in XPY, it had a lot more "incentive". Oh wait... I was talking about locking up coins in masternodes, not inflation. But XPY and a lot of other coins that are dead now had no incentive at all, I agree with you. |
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It's interesting to see that at the moment people can still put up a defense for this project, despite the lie about the company registration.
I suppose if you leave that lie aside and you ignore the fact that multiple other questions haven't been answered and you just look at the concept what you're left looking at is a slight twist on coins which have been working towards the same concept for a long time and they've not exactly excelled, so even if there weren't numerous questions I'd have to question the level of expectation the xpy community has for the success of this going forward.
The real twist will come when the coin is released and people start pouring over the code, then the blockchain. At that point it'll become a damn sight harder for the faithful to maintain their self deception, I guess. But then, we're talking about people who stuck by xpy for over a year after it was revealed as nothing more than a scam from the get go.
On the contrary my friend. When the coin is released, people will see how intelligent and brilliant the code is, how fast the transactions of the coin are, how well the wallet and the masternodes work etc.etc.etc. At that point we will probably not hear from you again because you are secretly playing an addictive game that ionomy has released. And you and everyone will see how amazing the concept of a gaming and a crypto economy is. |
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i try to find information of master node income.
if it is good i will buy 5 master nodes before ico finished.
anyone help ?
Masternode specifications Coins required: 20,000 (minimum and maximum) Reward: 50% of the block reward + all fees for transactions contained in the block Peer validated network uptime Year 1 23 ION/block - 12 Million/year Year 2 17 ION/block - 9 Million/year Year 3 11.5 ION/block - 6 Million/year Year 4 5.75 ION/block - 3 Million/year Year 5-10 1.85 ION/block - 1 Million/year Year 11-100 0.2 ION/block - 100k/year 9 Million total So...Year 1 is interesting...I see an incentive to buy MN's now, let them multiply, hold coins. LOL you think this is going to last longer than a year! Not a problem. OK, chief. Well, saving this comment so I can laugh at you next May. I love how you have planet Earth visible through the window on your Ionomy website. You guys clearly are from another planet if you think this project is going anywhere.  OK, chap, save it for later. I love how you recognize that this project is not of this earth |
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i try to find information of master node income.
if it is good i will buy 5 master nodes before ico finished.
anyone help ?
Masternode specifications Coins required: 20,000 (minimum and maximum) Reward: 50% of the block reward + all fees for transactions contained in the block Peer validated network uptime Year 1 23 ION/block - 12 Million/year Year 2 17 ION/block - 9 Million/year Year 3 11.5 ION/block - 6 Million/year Year 4 5.75 ION/block - 3 Million/year Year 5-10 1.85 ION/block - 1 Million/year Year 11-100 0.2 ION/block - 100k/year 9 Million total So...Year 1 is interesting...I see an incentive to buy MN's now, let them multiply, hold coins. LOL you think this is going to last longer than a year! Not a problem. |
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i try to find information of master node income.
if it is good i will buy 5 master nodes before ico finished.
anyone help ?
Masternode specifications Coins required: 20,000 (minimum and maximum) Reward: 50% of the block reward + all fees for transactions contained in the block Peer validated network uptime Year 1 23 ION/block - 12 Million/year Year 2 17 ION/block - 9 Million/year Year 3 11.5 ION/block - 6 Million/year Year 4 5.75 ION/block - 3 Million/year Year 5-10 1.85 ION/block - 1 Million/year Year 11-100 0.2 ION/block - 100k/year 9 Million total So...Year 1 is interesting...I see an incentive to buy MN's now, let them multiply, hold coins. |
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#Gravity the game from https://ionomy.com is nearly with us, it's a #fun time for the #crypto and #digital #economy #world How about some answers to questions that have been repeatedly asked and repeatedly ignored? Or are you just gonna stay behind the slack wall baffled as to why people would want answers to such questions before giving money to a team with a terrific track record of failure? Well, one of the questions earlier was: are there really games? So one is coming! Next week a video demo will be released I heard. And you know it is up to the team to answer other questions like addresses, registration etc. So we are not ignoring anything imo. By the way you are still mixing up teams I think, I do not recall any failures of this team, you must be talking about another team, or you are trolling. Nope, I'm talking about this team. I didn't know XPY.io was a huge success. Where is the debit card? Where is the XPY shop? The only thing they did make was a web wallet. If it was a success, everything they stated they would achieve with their XPYBiTs money would have been finished. Doesn't look like it was finished, unless you could show me your XPY.io debit card? Why don't you pass all these questions on to the ION team and report back the answers, if they choose to answer. It certainly wasn't a failure; a very secure platform, revenue sharing, web wallets, stakers, internal exchange, internal crowd funding, internal chat box, internal auction. We had a shop in the V1 platform I remember, but it was discontinued. And yes, no debit card in the end (discontinued, for obvious reasons). And your questions have been passed I think. Thanks, I look forward to a response. Do I think I'll get a response? Absolutely not. But thanks for passing them on. I would't call XPY.io a success. It was a platform that was used by a very small amount of people. The coin was not valuable enough to warrant hacking attempts. So I am not convinced that it is a very secure platform. You're welcome. There will be a response. About the platform, it was beta, so that is not so surprising it was used by a very small amount of people. I would call it a very succesful beta. The team had rapid responses to suggestions for improvements and they were implemented within days. |
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