CryptoBuds
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Activity: 2254
Merit: 1049
HODL
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May 03, 2017, 07:14:05 PM |
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yo guys, why is the requirement for masternode so high? 20k? damn.
what are the benefits of having one? is it gonna be like having your own decentralized game exchange service node or something?
if so, then, yeah maybe it's worth that much...
Before purchasing enough coins for your own masternode, try asking the team for the premine addresses and their MN addresses. With the history of this group, transparency is an absolute must. You must be wary of people steering you down the wrong path to make their Paycoin holdings turn positive. They will fuck you to help themselves, just a warning.
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WildShark
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May 04, 2017, 06:33:03 PM Last edit: May 04, 2017, 07:24:29 PM by WildShark |
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yo guys, why is the requirement for masternode so high? 20k? damn.
what are the benefits of having one? is it gonna be like having your own decentralized game exchange service node or something?
if so, then, yeah maybe it's worth that much...
The requirement for 20K coins was defined when the price of ION was initially 20 cents (one year ago) and the cost of the MN was 4K dollars. With the price of ION rising, the cost of an MN has doubled. The benefits of the Masternode can be seen at the ION Masternode Growth and Revenue website: http://ion.nodes4u.com/
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suchmoon
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Activity: 3836
Merit: 9059
https://bpip.org
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May 04, 2017, 07:08:30 PM Last edit: November 29, 2020, 05:05:30 AM by suchmoon |
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the current price of ION rising
Alternative facts much? Edited 2020-11-29 to fix a broken image
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ThePointlessOne
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Activity: 124
Merit: 10
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May 04, 2017, 07:38:06 PM |
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Unless you're actively cashing out your MN coins then all the revenue talk is nonsense. If everyone was actually cashing out then the price would tank immediately. Please stop trying to convince people that a MN is a good idea because it most certainly is not. It's quite obvious that ION is useless.
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WildShark
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May 04, 2017, 08:12:55 PM |
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Unless you're actively cashing out your MN coins then all the revenue talk is nonsense. If everyone was actually cashing out then the price would tank immediately. Please stop trying to convince people that a MN is a good idea because it most certainly is not. It's quite obvious that ION is useless.
A MN has been a good producer of coins from day one when there was on 20 masternodes running. With growing number of Masternodes, there is still plenty daily profit(revenue) in a Masternode investment compared to the wallet or Ionomy staking of your ION coin. http://ion.nodes4u.com/
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ThePointlessOne
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Activity: 124
Merit: 10
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May 04, 2017, 08:14:24 PM |
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How is bagholding = profit?
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WildShark
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May 04, 2017, 08:32:46 PM |
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How is bagholding = profit?
Staking the ION coins will produce the profit..
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suchmoon
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Activity: 3836
Merit: 9059
https://bpip.org
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May 04, 2017, 08:34:36 PM |
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Shark's chart seems to show that someone dumped a masternode or two on 'trex today and that pushed the price down ~20%.
Very good illustration of how precarious the whole situation is. ~7 million coins in masternodes hoping to make "daily profit" but it only takes one or two assholes to kill said profit for everyone.
But cheap coins, right? Why is MrCoins not rushing to buy them up?
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ThePointlessOne
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Activity: 124
Merit: 10
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May 04, 2017, 08:40:02 PM |
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How is bagholding = profit?
Staking the ION coins will produce the profit.. If you're bagholding then profit is assumed not guaranteed. Correct?
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WildShark
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May 04, 2017, 08:44:31 PM |
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10 days till "Inflation Busting Day" for the ION...
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suchmoon
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Activity: 3836
Merit: 9059
https://bpip.org
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May 04, 2017, 09:33:27 PM |
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10 days till "Inflation Busting Day" for the ION...
AKA "imaginary profit drops by 26%" day. There was no need for 100% inflation to begin with, such busting.
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WildShark
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May 04, 2017, 10:19:50 PM |
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10 days till "Inflation Busting Day" for the ION...
AKA "imaginary profit drops by 26%" day. @suchmoon You lied, the profit on the PNGs will not drop on Inflation Busting Day. It will remain the same!
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WildShark
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May 04, 2017, 10:33:46 PM |
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10 days till "Inflation Busting Day" for the ION...
There was no need for 100% inflation to begin with, such busting. The inflation rate for ION has been running above 50% since the beginning of the project. The reduction in block reward on Inflation Busting Day will be a start to lowering the inflation rate to a beneficial amount. Most of the successful coins have less than 10% inflation... View the inflation rate @ https://chainz.cryptoid.info/ion/#@inflation
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suchmoon
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Activity: 3836
Merit: 9059
https://bpip.org
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May 04, 2017, 11:35:31 PM |
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10 days till "Inflation Busting Day" for the ION...
There was no need for 100% inflation to begin with, such busting. The inflation rate for ION has been running above 50% since the beginning of the project. The reduction in block reward on Inflation Busting Day will be a start to lowering the inflation rate to a beneficial amount. Most of the successful coins have less than 10% inflation... View the inflation rate @ https://chainz.cryptoid.info/ion/#@inflationStop spamming, there is no need to reply in two separate posts. Your thinly veiled bullshit doesn't address why the ridiculous level of inflation was implemented on top of the ridiculously large premine. Was ION not intended to be a successful coin? Now you have to rely on the "team" to be nice enough to keep holding that 75% chunk of market cap otherwise it would collapse. Lowering the rate of inflation doesn't remove those coins that have already been generated for no reason other than paycoiners' illusion that more coins is somehow better.
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CryptoBuds
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Activity: 2254
Merit: 1049
HODL
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May 05, 2017, 02:22:03 AM |
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10 days till "Inflation Busting Day" for the ION...
AKA "imaginary profit drops by 26%" day. @suchmoon You lied, the profit on the PNGs will not drop on Inflation Busting Day. It will remain the same! How will it remain the same?
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WildShark
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May 05, 2017, 03:27:40 PM |
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10 days till "Inflation Busting Day" for the ION...
AKA "imaginary profit drops by 26%" day. @suchmoon You lied, the profit on the PNGs will not drop on Inflation Busting Day. It will remain the same! How will it remain the same? PNGs don't change.. they are deleted at the end of their contract...
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suchmoon
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Activity: 3836
Merit: 9059
https://bpip.org
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May 05, 2017, 03:44:59 PM |
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10 days till "Inflation Busting Day" for the ION...
AKA "imaginary profit drops by 26%" day. @suchmoon You lied, the profit on the PNGs will not drop on Inflation Busting Day. It will remain the same! How will it remain the same? PNGs don't change.. they are deleted at the end of their contract... Thanks, Sharkie, we are aware that PNGs (assuming you mean staker PNGs and not some hosted prime controller bullshit) have nothing do with the block reward. Why did you even bring it up in a discussion about masternodes and inflation? PNGs don't create inflation. Bad spamming shark.
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WildShark
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May 05, 2017, 04:27:24 PM Last edit: May 05, 2017, 06:02:35 PM by WildShark |
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10 days till "Inflation Busting Day" for the ION...
AKA "imaginary profit drops by 26%" day. @suchmoon You lied, the profit on the PNGs will not drop on Inflation Busting Day. It will remain the same! How will it remain the same? PNGs don't change.. they are deleted at the end of their contract... Thanks, Sharkie, we are aware that PNGs (assuming you mean staker PNGs and not some hosted prime controller bullshit) have nothing do with the block reward. Why did you even bring it up in a discussion about masternodes and inflation? @suchmoon Again you are incorrect, the block reward income on all Masternodes & Staking Wallets will change on Inflation Busting Day. Right now the biggest downside of the ION coin for investors is the extremely high inflation rate. In about 9.2 days, the first step toward "decreasing the inflation" will happen!
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CryptoBuds
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Activity: 2254
Merit: 1049
HODL
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May 05, 2017, 04:35:32 PM |
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10 days till "Inflation Busting Day" for the ION...
AKA "imaginary profit drops by 26%" day. @suchmoon You lied, the profit on the PNGs will not drop on Inflation Busting Day. It will remain the same! How will it remain the same? PNGs don't change.. they are deleted at the end of their contract... The profit you dumb fuck, not your precious PNG graphic.
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WildShark
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May 05, 2017, 05:29:47 PM Last edit: May 05, 2017, 07:04:56 PM by WildShark |
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10 days till "Inflation Busting Day" for the ION...
AKA "imaginary profit drops by 26%" day. @suchmoon You lied, the profit on the PNGs will not drop on Inflation Busting Day. It will remain the same! How will it remain the same? PNGs don't change.. they are deleted at the end of their contract... The profit you dumb fuck, not your precious PNG graphic.
The new name for PNG is "Ionomy Card". They are used to increase the income on your Ionomy staker and give you extra lives & Electrons for use in the Ionomy games. The Card has a contract life of 90 days and can be applied to any of your Ionomy LTD stakers as a skin.
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