8bitproject (OP)
Newbie
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Activity: 28
Merit: 0
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April 20, 2015, 02:57:51 PM |
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Good Day all.
I am working on the masternodes as we speak. Will also finish the roadmap section today. This is a serious project and you will be running your masternodes this week. We only been through the very easy stages, and the game has just begun.
* 8BIT now on Cryptsy
Hi. Running masternodes need to be profitable or people won't run masternodes.... And people won't buy coins to make masternodes if it is not profitable. So please make the pos reward something like 1 coin each block. And from that 1 coin, stakers get 0.3 coins, masternodes get 0.7 coins. Please make it like that so it can be profitable for people to make masternodes. It is a good idea. If you keep the pos at 8% yearly, then no one would make masternodes. It would be useless. Good question MasterNodes are not designed to be paid by PoS or PoW alone, that's a flaw. Masternodes are supposed to be paid for services they perform on the blockchain. People who choose to utilize Masternode services will have to pay a fee for it. I looked at codes of many coins that promise or offer masternodes, what exactly are these mastenodes doing to earn return on principle?
So far all the coins that offer this are great projects that are stepping into the next realm, however, there is much to be done still and I am in a race to introduce the next step forward.
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SpiryGolden
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April 20, 2015, 02:58:03 PM Last edit: April 20, 2015, 03:08:32 PM by SpiryGolden |
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i was wondering what the terms and conditions to be added to cypsi were
The new terms & condition I belive are : Gotta Catch Them All . You know like pokeballs . =)) And here it goes down again & dev didn't accepted my challange so it's clear that will go down to 100K No guts no glory . 150K . What bagholders ? You tough you will go higher ... no you are going 5 feet under.
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njs811
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April 20, 2015, 03:10:47 PM |
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i was wondering what the terms and conditions to be added to cypsi were
The new terms & condition I belive are : Gotta Catch Them All . You know like pokeballs . =)) And here it goes down again & dev didn't accepted my challange so it's clear that will go down to 100K No guts no glory . 150K . What bagholders ? You tough you will go higher ... no you are going 5 feet under. Dev sounds pretty serious. As long as he pulls through we should see a nice return.
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ULALA
Member
Offline
Activity: 70
Merit: 10
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April 20, 2015, 03:13:45 PM |
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i was wondering what the terms and conditions to be added to cypsi were
anyone?
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timmyd
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April 20, 2015, 03:15:17 PM |
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i was wondering what the terms and conditions to be added to cypsi were
The new terms & condition I belive are : Gotta Catch Them All . You know like pokeballs . =)) And here it goes down again & dev didn't accepted my challange so it's clear that will go down to 100K No guts no glory . 150K . What bagholders ? You tough you will go higher ... no you are going 5 feet under. think you might need a nap dude you've been here all day saying the same thing over and over again yet to see any truth from your statements check back in 24 hours to see whether you made a loss or not
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tm2013
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April 20, 2015, 03:25:09 PM |
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i was wondering what the terms and conditions to be added to cypsi were
anyone? I think they just add whatever they feel like adding when they want to. I'm not aware they have any other requirements.
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Cornett
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April 20, 2015, 03:25:50 PM |
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i was wondering what the terms and conditions to be added to cypsi were
The new terms & condition I belive are : Gotta Catch Them All . You know like pokeballs . =)) And here it goes down again & dev didn't accepted my challange so it's clear that will go down to 100K No guts no glory . 150K . What bagholders ? You tough you will go higher ... no you are going 5 feet under. think you might need a nap dude you've been here all day saying the same thing over and over again yet to see any truth from your statements check back in 24 hours to see whether you made a loss or not Don't worry about him. This annoying person bought at 500k and panically sold at 150k. That's all.
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SmallFormFactor
Newbie
Offline
Activity: 29
Merit: 0
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April 20, 2015, 03:26:16 PM |
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i was wondering what the terms and conditions to be added to cypsi were
anyone? I think they just add whatever they feel like adding when they want to. I'm not aware they have any other requirements. 8bit to the moon when it hits cryptsy
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utclover
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April 20, 2015, 03:26:42 PM |
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Good Day all.
I am working on the masternodes as we speak. Will also finish the roadmap section today. This is a serious project and you will be running your masternodes this week. We only been through the very easy stages, and the game has just begun.
* 8BIT now on Cryptsy
Hi. Running masternodes need to be profitable or people won't run masternodes.... And people won't buy coins to make masternodes if it is not profitable. So please make the pos reward something like 1 coin each block. And from that 1 coin, stakers get 0.3 coins, masternodes get 0.7 coins. Please make it like that so it can be profitable for people to make masternodes. It is a good idea. If you keep the pos at 8% yearly, then no one would make masternodes. It would be useless. Good question MasterNodes are not designed to be paid by PoS or PoW alone, that's a flaw. Masternodes are supposed to be paid for services they perform on the blockchain. People who choose to utilize Masternode services will have to pay a fee for it. I looked at codes of many coins that promise or offer masternodes, what exactly are these mastenodes doing to earn return on principle?
So far all the coins that offer this are great projects that are stepping into the next realm, however, there is much to be done still and I am in a race to introduce the next step forward.
It can't be only a tx fee... That won't be profitable at all! And no one would make one. For people to buy coins to be a masternode, you need to give them from the PoW reward. And since this is a pos-only coin, that means you need to give them from the PoS reward. Crave gave them from the pos reward. do like that. Make the pos reward 1 coin, and give the masternodes 0.7 of that, and the stakers who found the block 0.3 coins. Crave was going to do it as only a tx fee, but everyone convinced the dev to give the masternodes a part of the pos rewards. I would really like to know what you will do. If it is only tx-fee then it would be useless.
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njs811
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April 20, 2015, 03:29:02 PM |
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Good Day all.
I am working on the masternodes as we speak. Will also finish the roadmap section today. This is a serious project and you will be running your masternodes this week. We only been through the very easy stages, and the game has just begun.
* 8BIT now on Cryptsy
Hi. Running masternodes need to be profitable or people won't run masternodes.... And people won't buy coins to make masternodes if it is not profitable. So please make the pos reward something like 1 coin each block. And from that 1 coin, stakers get 0.3 coins, masternodes get 0.7 coins. Please make it like that so it can be profitable for people to make masternodes. It is a good idea. If you keep the pos at 8% yearly, then no one would make masternodes. It would be useless. Good question MasterNodes are not designed to be paid by PoS or PoW alone, that's a flaw. Masternodes are supposed to be paid for services they perform on the blockchain. People who choose to utilize Masternode services will have to pay a fee for it. I looked at codes of many coins that promise or offer masternodes, what exactly are these mastenodes doing to earn return on principle?
So far all the coins that offer this are great projects that are stepping into the next realm, however, there is much to be done still and I am in a race to introduce the next step forward.
It can't be only a tx fee... That won't be profitable at all! And no one would make one. For people to buy coins to be a masternode, you need to give them from the PoW reward. And since this is a pos-only coin, that means you need to give them from the PoS reward. Crave gave them from the pos reward. do like that. Make the pos reward 1 coin, and give the masternodes 0.7 of that, and the stakers who found the block 0.3 coins. Crave was going to do it as only a tx fee, but everyone convinced the dev to give the masternodes a part of the pos rewards. I would really like to know what you will do. If it is only tx-fee then it would be useless. +1 If MN are not profitable then I am out. :/
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tm2013
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April 20, 2015, 03:30:11 PM |
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i was wondering what the terms and conditions to be added to cypsi were
anyone? I think they just add whatever they feel like adding when they want to. I'm not aware they have any other requirements. 8bit to the moon when it hits cryptsy It is already on cryptsy.
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qwep
Legendary
Offline
Activity: 1008
Merit: 1000
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April 20, 2015, 03:31:36 PM |
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Good Day all.
I am working on the masternodes as we speak. Will also finish the roadmap section today. This is a serious project and you will be running your masternodes this week. We only been through the very easy stages, and the game has just begun.
* 8BIT now on Cryptsy
Hi. Running masternodes need to be profitable or people won't run masternodes.... And people won't buy coins to make masternodes if it is not profitable. So please make the pos reward something like 1 coin each block. And from that 1 coin, stakers get 0.3 coins, masternodes get 0.7 coins. Please make it like that so it can be profitable for people to make masternodes. It is a good idea. If you keep the pos at 8% yearly, then no one would make masternodes. It would be useless. Good question MasterNodes are not designed to be paid by PoS or PoW alone, that's a flaw. Masternodes are supposed to be paid for services they perform on the blockchain. People who choose to utilize Masternode services will have to pay a fee for it. I looked at codes of many coins that promise or offer masternodes, what exactly are these mastenodes doing to earn return on principle?
So far all the coins that offer this are great projects that are stepping into the next realm, however, there is much to be done still and I am in a race to introduce the next step forward.
It can't be only a tx fee... That won't be profitable at all! And no one would make one. For people to buy coins to be a masternode, you need to give them from the PoW reward. And since this is a pos-only coin, that means you need to give them from the PoS reward. Crave gave them from the pos reward. do like that. Make the pos reward 1 coin, and give the masternodes 0.7 of that, and the stakers who found the block 0.3 coins. Crave was going to do it as only a tx fee, but everyone convinced the dev to give the masternodes a part of the pos rewards. I would really like to know what you will do. If it is only tx-fee then it would be useless. +1 If MN are not profitable then I am out. :/ Would both rewards be possible, a POS reward and TX fee?
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utclover
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April 20, 2015, 03:33:15 PM |
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Would both rewards be possible, a POS reward and TX fee?
Yes. That is how crave is. Masternodes in crave get 2/3 of the pos reward, and also a tx fee. the tx fee gets paid by the person who uses the anonymous sending.
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SmallFormFactor
Newbie
Offline
Activity: 29
Merit: 0
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April 20, 2015, 03:33:52 PM |
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the volume seems to still be on bittrex waiting for it to hit on cryptsy
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placebo
Legendary
Offline
Activity: 1120
Merit: 1000
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April 20, 2015, 03:36:37 PM |
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And i keep on buying Give me 100k sats please
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qwep
Legendary
Offline
Activity: 1008
Merit: 1000
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April 20, 2015, 03:38:06 PM |
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Would both rewards be possible, a POS reward and TX fee?
Yes. That is how crave is. Masternodes in crave get 2/3 of the pos reward, and also a special tx fee. the tx fee gets paid by the person who uses the anonymous sending. well that would actually be nice, i didnt get into crave just b/c the node prices where a bit to high, 112 coin is actually fair at the current moment. a few ppl do point out here distribution and total coin supply and for the looks of it is pretty well distributed right now.
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utclover
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April 20, 2015, 03:41:13 PM Last edit: April 20, 2015, 03:58:02 PM by utclover |
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Would both rewards be possible, a POS reward and TX fee?
Yes. That is how crave is. Masternodes in crave get 2/3 of the pos reward, and also a special tx fee. the tx fee gets paid by the person who uses the anonymous sending. well that would actually be nice, i didnt get into crave just b/c the node prices where a bit to high, 112 coin is actually fair at the current moment. a few ppl do point out here distribution and total coin supply and for the looks of it is pretty well distributed right now. Yes But if the masternodes are not profitable then they will be useless and many people won't use it. There will also be no reason for people to buy a masternode or even run one if it is not profitable. I really like this coin so I sincerely hope the dev agrees to make the pos reward a static number and give the masternodes from the pos reward.
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Wizwa
Member
Offline
Activity: 98
Merit: 10
I <3 Alts
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April 20, 2015, 03:42:55 PM |
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Would both rewards be possible, a POS reward and TX fee?
Yes. That is how crave is. Masternodes in crave get 2/3 of the pos reward, and also a special tx fee. the tx fee gets paid by the person who uses the anonymous sending. well that would actually be nice, i didnt get into crave just b/c the node prices where a bit to high, 112 coin is actually fair at the current moment. a few ppl do point out here distribution and total coin supply and for the looks of it is pretty well distributed right now. It looks as though everything is falling into place nicely - the market cap is pitiful given the volume this has had (fake or not), all it'll take is a decent dev announcement and the fun really begins...
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Hustlers be hustlin'... Trollers be trollin'... Wizwa be wizzin'...
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MegaHustlr
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April 20, 2015, 03:43:19 PM |
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How many coins max?
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njs811
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April 20, 2015, 03:45:23 PM |
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How many coins max?
101k plus 8% per year.
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