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Author Topic: Masternodes what good are they?  (Read 3421 times)
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illodin
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May 06, 2015, 02:12:37 PM
 #41

What they fail to see is the fact that they must find noobs at the same rate or faster they increase there holdings otherwise there pyramid game collapses.

Are you talking about inflation? Quiz for you, what is the inflation % of DASH? What is the inflation % of XMR?
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May 06, 2015, 03:10:08 PM
 #42

What they fail to see is the fact that they must find noobs at the same rate or faster they increase there holdings otherwise there pyramid game collapses.

Are you talking about inflation? Quiz for you, what is the inflation % of DASH? What is the inflation % of XMR?
Dont care about the inflation of a coin and even less about XMR.
Do care about scammers, cheats and fraudsters.
illodin
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May 06, 2015, 05:35:58 PM
 #43

What they fail to see is the fact that they must find noobs at the same rate or faster they increase there holdings otherwise there pyramid game collapses.

Are you talking about inflation? Quiz for you, what is the inflation % of DASH? What is the inflation % of XMR?
Dont care about the inflation of a coin and even less about XMR.
Do care about scammers, cheats and fraudsters.

Well, better come up with other arguments than inflation then.
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May 06, 2015, 06:01:15 PM
 #44

.
Roll Eyes got to love haters! 

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generalizethis
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May 06, 2015, 06:42:45 PM
 #45

also, most masternodes are on amazon-servers... NSA watching, check!

NSA is already on your personal computer... NSA watching, check!

That's dumb--if it's pointless, why would you even need a supposed anonymity feature for dash then? It also doesn't take into account people who use Linux OS, no drm, use non-us based hd's, ect. You should go to the Monero threads and learn how to keep your privacy. But it does make sense now why you don't mind using masternodes.

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May 06, 2015, 06:46:59 PM
 #46


Most Dashers have dropped out of school ... increased there holding from say 3000 coins to 3300 for free...Like every pyramid system the closer to the top you are the better...increase the instaminers holding for no additional cost

Do you have to work at writing complete incoherent nonsense or does it just come naturally ?
illodin
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May 06, 2015, 08:51:50 PM
 #47

also, most masternodes are on amazon-servers... NSA watching, check!

NSA is already on your personal computer... NSA watching, check!

That's dumb--if it's pointless, why would you even need a supposed anonymity feature for dash then? It also doesn't take into account people who use Linux OS, no drm, use non-us based hd's, ect. You should go to the Monero threads and learn how to keep your privacy. But it does make sense now why you don't mind using masternodes.

What is pointless? If you likely can't defend against NSA does it mean it's pointless? What's then point of Monero then?
generalizethis
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May 06, 2015, 09:01:24 PM
 #48

also, most masternodes are on amazon-servers... NSA watching, check!

NSA is already on your personal computer... NSA watching, check!

That's dumb--if it's pointless, why would you even need a supposed anonymity feature for dash then? It also doesn't take into account people who use Linux OS, no drm, use non-us based hd's, ect. You should go to the Monero threads and learn how to keep your privacy. But it does make sense now why you don't mind using masternodes.

What is pointless? If you likely can't defend against NSA does it mean it's pointless? What's then point of Monero then?

If you believe that, then it would be pointless--did you bother reading the rest? ^

obit33
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May 07, 2015, 07:48:34 AM
 #49

also, most masternodes are on amazon-servers... NSA watching, check!

NSA is already on your personal computer... NSA watching, check!

what a great argument, let's just give up on crypto's and ban cash... privacy doesn't exist anymore anyway, i'll just give in to eternal serfdom, thank you for your enlightening comment!

the masternodes in dash are an obvious flaw, if you can't admit that i feel kinda sorry for you...

best regards
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May 07, 2015, 10:13:42 AM
 #50

...snip
I am fairly new to crypto and dont understand masternodes, what good are they?
...snip

A great way to keep 2.5 M coins off the market.

"We are just fools. We insanely believe that we can replace one politician with another and something will really change. The ONLY possible way to achieve change is to change the very system of how government functions. Until we are prepared to do that, suck it up for your future belongs to the madness and corruption of politicians."
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May 07, 2015, 04:32:48 PM
 #51

...snip
I am fairly new to crypto and dont understand masternodes, what good are they?
...snip

A great way to keep 2.5 M coins off the market.
Thanks for pointing out another flaw of the system. How can i use money which is not on the market, it is a liquidy killer.

What i found so far, it is a great way to make the insta(pre)mine worse by the minute as free new coins are added to the stash and at the same time make the coin less secure as i need to trust possible shady characters.


Thank you for not sending browny points, much appreciated.

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illodin
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May 07, 2015, 08:16:11 PM
Last edit: May 08, 2015, 07:55:39 AM by illodin
 #52

Thanks for pointing out another flaw of the system. How can i use money which is not on the market, it is a liquidy killer.

Yea we should ban cold wallets and such as they are bad for liquidy.

As a matter of fact, we should allow coins to exist only on exchanges so they are ready to be used on the market.
AdamWhite
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May 08, 2015, 01:47:55 AM
 #53

...snip
I am fairly new to crypto and dont understand masternodes, what good are they?
...snip

A great way to keep 2.5 M coins off the market.

Instamine fraud wasn't enough... they needed a way to monetize that fat instamine Roll Eyes
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May 29, 2015, 11:16:07 PM
 #54

...snip
I am fairly new to crypto and dont understand masternodes, what good are they?
...snip

A great way to keep 2.5 M coins off the market.

Instamine fraud wasn't enough... they needed a way to monetize that fat instamine Roll Eyes

Yes, and that monetization is controlled by a single centralized Master-Masternode under the direct control of THE DARKCOIN FOUNDATION INC.

That's yet another reason DASH is an MSB (in violation of FinCEN).


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Tash
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May 30, 2015, 08:15:15 AM
 #55

...snip
I am fairly new to crypto and dont understand masternodes, what good are they?
...snip

A great way to keep 2.5 M coins off the market.

Instamine fraud wasn't enough... they needed a way to monetize that fat instamine Roll Eyes

Yes, and that monetization is controlled by a single centralized Master-Masternode under the direct control of THE DARKCOIN FOUNDATION INC.

That's yet another reason DASH is an MSB (in violation of FinCEN).
That looks like stormy times ahead.....

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May 30, 2015, 08:18:10 PM
 #56

Masternodes translated to the real world is like this:
You get a bunch of workers to your place, give them some drinks and some cigarettes and they stand around all the time and to nothing except laugh at you and make jokes, piss on your lawn. 
At the end of the day you reach into your pockets and pay them for having done absolutely nothing.

samson
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May 30, 2015, 08:31:59 PM
 #57

Masternodes translated to the real world is like this:
You get a bunch of workers to your place, give them some drinks and some cigarettes and they stand around all the time and to nothing except laugh at you and make jokes, piss on your lawn. 
At the end of the day you reach into your pockets and pay them for having done absolutely nothing.


An interesting analogy.

Is there any reason any coin would want to do this apart from allowing people to get more coins without mining ?

There was talk about some kind of future 'cross chain' enhancements in another thread, I can't remember where but I think it might be something like a kind of decentralised marketplace.
generalizethis
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May 30, 2015, 09:07:18 PM
 #58


Rux
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June 01, 2015, 04:55:56 AM
 #59

you do understand that this picture represents how our world works atm Smiley

can you fight that ? nop!

just go with the flow, because if they crash to oblivion, crypto will be there also

RXC Crypto.ba Decentralized solutions!
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June 03, 2015, 07:38:36 AM
 #60

Masternodes... So 2014...

Masternodes is the new "hold the bag"
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