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Author Topic: It costs ~100K USD to run a Dash Masternode.  (Read 1120 times)
johnny_day (OP)
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March 21, 2017, 08:19:45 PM
 #1

How is that acceptable? Can they even call themselves a decentralized virtual currency with such a high barrier to enter? They also have 4k masternodes. I find it hard to believe that 4000 different people are at least 100k deep in Dash. Something fishy seems to be going on here if you ask me.
mining1
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March 21, 2017, 08:24:04 PM
Last edit: March 21, 2017, 08:41:40 PM by mining1
 #2

2mil dash were instamined after the mining started because of a bug. Evan at first thought it's unnacceptable untill he realised that can enrichen him. So he forgave his own mystake and with god's will he continued his holy crusade in an attempt to build a better world.
knircky
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March 21, 2017, 08:46:10 PM
 #3

How is that acceptable? Can they even call themselves a decentralized virtual currency with such a high barrier to enter? They also have 4k masternodes. I find it hard to believe that 4000 different people are at least 100k deep in Dash. Something fishy seems to be going on here if you ask me.

Much cheaper than a bitcoin miner. It cost 1k dash. Dashbused to be 2, then 6 then 10. So a month ago a mode was 10k not that big a deal.

johnny_day (OP)
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March 21, 2017, 08:59:48 PM
 #4

How is that acceptable? Can they even call themselves a decentralized virtual currency with such a high barrier to enter? They also have 4k masternodes. I find it hard to believe that 4000 different people are at least 100k deep in Dash. Something fishy seems to be going on here if you ask me.

Much cheaper than a bitcoin miner. It cost 1k dash. Dashbused to be 2, then 6 then 10. So a month ago a mode was 10k not that big a deal.

Yes but I can easily run a full node on Bitcoin for $15 a month. Is there a Dash equivalent to a full node? I thought that's what a Masternode was?
FlamingFingers
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March 21, 2017, 09:12:09 PM
 #5

Read this: https://www.reddit.com/r/.../what_is_the_difference_between_a_node_full_node/

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innergy
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March 21, 2017, 10:00:00 PM
 #6

And mistakely lowered the total coin supply by 75%..  Wink
DiCE1904
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March 21, 2017, 10:35:11 PM
 #7

Only takes $4800 to run a PIVX one

generalizethis
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March 21, 2017, 11:01:28 PM
 #8

Only takes $4800 to run a PIVX one

And let the prisoner's dilemma begin.

btc_zero_sum
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March 21, 2017, 11:16:34 PM
 #9

How is that acceptable? Can they even call themselves a decentralized virtual currency with such a high barrier to enter? They also have 4k masternodes. I find it hard to believe that 4000 different people are at least 100k deep in Dash. Something fishy seems to be going on here if you ask me.

LOL you must be a noob

yes, as of today you need ~100K but you had plenty of time to get it when it was cheap
generalizethis
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March 21, 2017, 11:25:30 PM
 #10

How is that acceptable? Can they even call themselves a decentralized virtual currency with such a high barrier to enter? They also have 4k masternodes. I find it hard to believe that 4000 different people are at least 100k deep in Dash. Something fishy seems to be going on here if you ask me.

LOL you must be a noob

yes, as of today you need ~100K but you had plenty of time to get it when it was cheap

That's not an argument for anyone to invest, it's an argument for why you should resent these assholes for wanting you to pay a noob fee. So rather than go build a timemachine, I'll go and invest in the coin that offers the same services but has the potential to exponentially increase and not pay you a dime for your instamine.

badenglishtea
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March 21, 2017, 11:25:43 PM
 #11

It's called PIVX.

Its like Dash but with a fair distribution (no instamine), great community (transparent), and POS.

Masternodes are about $5k.

Buying at this point is betting on a Poloniex add, and a bet that this can directly compete with Dash. If it pays off, at least 2x return.
btc_zero_sum
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March 21, 2017, 11:36:59 PM
 #12

How is that acceptable? Can they even call themselves a decentralized virtual currency with such a high barrier to enter? They also have 4k masternodes. I find it hard to believe that 4000 different people are at least 100k deep in Dash. Something fishy seems to be going on here if you ask me.

LOL you must be a noob

yes, as of today you need ~100K but you had plenty of time to get it when it was cheap

That's not an argument for anyone to invest, it's an argument for why you should resent these assholes for wanting you to pay a noob fee. So rather than go build a timemachine, I'll go and invest in the coin that offers the same services but has the potential to exponentially increase and not pay you a dime for your instamine.

sure, go with it

i just find pointless for the OP to complain about the current price of a masternode when there was +2 years of time to get one waaay cheaper
generalizethis
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March 21, 2017, 11:49:58 PM
 #13

How is that acceptable? Can they even call themselves a decentralized virtual currency with such a high barrier to enter? They also have 4k masternodes. I find it hard to believe that 4000 different people are at least 100k deep in Dash. Something fishy seems to be going on here if you ask me.

LOL you must be a noob

yes, as of today you need ~100K but you had plenty of time to get it when it was cheap

That's not an argument for anyone to invest, it's an argument for why you should resent these assholes for wanting you to pay a noob fee. So rather than go build a timemachine, I'll go and invest in the coin that offers the same services but has the potential to exponentially increase and not pay you a dime for your instamine.

sure, go with it

i just find pointless for the OP to complain about the current price of a masternode when there was +2 years of time to get one waaay cheaper


The cost in the past highlights its future limitations and underscores how a better product with a fairer distribution may exceed its predecessor.

johnny_day (OP)
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March 21, 2017, 11:55:49 PM
 #14

i just find pointless for the OP to complain about the current price of a masternode when there was +2 years of time to get one waaay cheaper

Doesn't it seem disproportionately high? What's the equivalent entry fee on Bitcoin? 2M USD?
iamnotback
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March 22, 2017, 12:14:36 AM
 #15

What's the equivalent entry fee on Bitcoin? 2M USD?

For a cost competitive mining farm, probably in that realm.

My reply isn't an argument for Dash, but an argument about bad attributes of PoW.
iamnotback
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March 22, 2017, 01:50:24 AM
 #16

So he forgave his own my-stake

Lol.

Edit: I can't believe the moderator deleted this post. I am reposting my joke. I guess the moderator is too blind to see that you misspelled 'mistake' on purpose and I emphasized it by inserting a hypen. Mods can be dimwits when the humor is too concise.
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