dbt1033
Legendary
 Offline
Activity: 1274
Merit: 1000
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April 20, 2015, 03:45:42 PM |
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Didn't I tell you guys that the price would drop after this hit Cryptsy?
This always happens. That wasn't FUD, only some friendly advice.
Set some buys around .001 and relax guys.
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dannygroove
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April 20, 2015, 03:46:25 PM |
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How many coins max?
101k ~ |
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majky80
Newbie
Offline
Activity: 26
Merit: 0
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April 20, 2015, 03:50:10 PM |
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it´s here live pool? with solo have problem run mining...
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timmyd
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April 20, 2015, 03:52:21 PM |
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it´s here live pool? with solo have problem run mining...
Mining is over dude |
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8bitproject (OP)
Newbie
Offline
Activity: 28
Merit: 0
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April 20, 2015, 03:58:08 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?
Yes Masternodes will be profitable and will get rewards from both Service TX's & PoS
I think he was more interested in making PoS offer a fixed rate and reward to be
a percentage of that rate. I will reserve the exact proportions till release day but
it will be very profitable to host a Masternode, otherwise there is no incentive to make
one.
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tm2013
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April 20, 2015, 03:59:24 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?
Yes Masternodes will be profitable and will get rewards from both Service TX's & PoS
I think he was more interested in making PoS offer a fixed rate and reward to be
a percentage of that rate. I will reserve the exact proportions till release day but
it will be very profitable to host a Masternode, otherwise there is no incentive to make
one.
Any ETA on when the nodes come out and how many more hours until the road map? |
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timmyd
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April 20, 2015, 04:00:04 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?
Yes Masternodes will be profitable and will get rewards from both Service TX's & PoS
I think he was more interested in making PoS offer a fixed rate and reward to be
a percentage of that rate. I will reserve the exact proportions till release day but
it will be very profitable to host a Masternode, otherwise there is no incentive to make
one.
There we go now feel free to panic buy back up to 400k lmao wheres mr window cleaner gone? |
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dannygroove
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April 20, 2015, 04:01:29 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?
Yes Masternodes will be profitable and will get rewards from both Service TX's & PoS
I think he was more interested in making PoS offer a fixed rate and reward to be
a percentage of that rate. I will reserve the exact proportions till release day but
it will be very profitable to host a Masternode, otherwise there is no incentive to make
one.
Any ETA on when the nodes come out and how many more hours until the road map? Yes man, Id appreciate that.. Need some sleep. |
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utclover
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April 20, 2015, 04:04:27 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?
Yes Masternodes will be profitable and will get rewards from both Service TX's & PoS
I think he was more interested in making PoS offer a fixed rate and reward to be
a percentage of that rate. I will reserve the exact proportions till release day but
it will be very profitable to host a Masternode, otherwise there is no incentive to make
one.
Thank you  I am glad that you say it will be very profitable. |
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timmyd
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April 20, 2015, 04:08:14 PM |
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Lots of green trades happening
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8bitproject (OP)
Newbie
Offline
Activity: 28
Merit: 0
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April 20, 2015, 04:27:20 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?
Yes Masternodes will be profitable and will get rewards from both Service TX's & PoS
I think he was more interested in making PoS offer a fixed rate and reward to be
a percentage of that rate. I will reserve the exact proportions till release day but
it will be very profitable to host a Masternode, otherwise there is no incentive to make
one.
Any ETA on when the nodes come out and how many more hours until the road map? Yes man, Id appreciate that.. Need some sleep. Sorry to keep you awake. Roadmap will be posted in 3 hours or so. I am not a great graphic artist, I come from the 8BIT era. Waiting on a friend to help make it less technical for the average Joe. |
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dannygroove
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April 20, 2015, 04:29:21 PM |
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Thank you, I dont mean to rush you.. Just wanted an ETA to pick up some rest.
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Wizwa
Member
Offline
Activity: 98
Merit: 10
I <3 Alts
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April 20, 2015, 04:40:18 PM |
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Sorry to keep you awake.
Roadmap will be posted in 3 hours or so. I am not a great graphic artist, I come from the 8BIT era.
Waiting on a friend to help make it less technical for the average Joe.
Times'a'tickin' folks... |
Hustlers be hustlin'... Trollers be trollin'... Wizwa be wizzin'...
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tm2013
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April 20, 2015, 04:41:53 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?
Yes Masternodes will be profitable and will get rewards from both Service TX's & PoS
I think he was more interested in making PoS offer a fixed rate and reward to be
a percentage of that rate. I will reserve the exact proportions till release day but
it will be very profitable to host a Masternode, otherwise there is no incentive to make
one.
Any ETA on when the nodes come out and how many more hours until the road map? Yes man, Id appreciate that.. Need some sleep. Sorry to keep you awake. Roadmap will be posted in 3 hours or so. I am not a great graphic artist, I come from the 8BIT era. Waiting on a friend to help make it less technical for the average Joe. Thanks, and like it was said, no rush |
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njs811
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April 20, 2015, 04:46:16 PM |
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MASSIVE PUMP INCOMING!!!
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Wizwa
Member
Offline
Activity: 98
Merit: 10
I <3 Alts
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April 20, 2015, 04:49:31 PM |
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MASSIVE PUMP INCOMING!!!
Perhaps - I don't think anyone wants to be the first to pull the trigger. |
Hustlers be hustlin'... Trollers be trollin'... Wizwa be wizzin'...
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tm2013
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April 20, 2015, 04:57:50 PM |
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MASSIVE PUMP INCOMING!!!
Perhaps - I don't think anyone wants to be the first to pull the trigger. But the first one to pull the trigger will make about 5x to 10x their money, so why not?  |
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Wizwa
Member
Offline
Activity: 98
Merit: 10
I <3 Alts
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April 20, 2015, 05:01:41 PM |
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MASSIVE PUMP INCOMING!!!
Perhaps - I don't think anyone wants to be the first to pull the trigger. But the first one to pull the trigger will make about 5x to 10x their money, so why not? Didn't someone say they'd jump out of a window or something? There's another perk right there. |
Hustlers be hustlin'... Trollers be trollin'... Wizwa be wizzin'...
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Wizwa
Member
Offline
Activity: 98
Merit: 10
I <3 Alts
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April 20, 2015, 05:05:38 PM |
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MASSIVE PUMP INCOMING!!!
Perhaps - I don't think anyone wants to be the first to pull the trigger. But the first one to pull the trigger will make about 5x to 10x their money, so why not? See what I did there - small buy walls above 200k have started building. The people want to see blood. |
Hustlers be hustlin'... Trollers be trollin'... Wizwa be wizzin'...
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dbt1033
Legendary
Offline
Activity: 1274
Merit: 1000
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April 20, 2015, 05:06:05 PM |
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MASSIVE PUMP INCOMING!!!
Perhaps - I don't think anyone wants to be the first to pull the trigger. But the first one to pull the trigger will make about 5x to 10x their money, so why not? Didn't someone say they'd jump out of a window or something? There's another perk right there. LOL that is just ridiculous. |
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