Syscoin: Masternodes coming early November... Good buy now!

[rehydrogenated]

I dont understand what the point of a masternode is. It seems like just a way to make a pyramid scheme into a sharper pyramid.

[Savik]

Syscoin debit card!!! Thats what i call news

https://uquid.com/syscoin-debit-card

Moooooooon

with this is it possible to buy sys directly with USD???

Absolutely huge, gigantic game changer if possible.

[cryptme]

I dont understand what the point of a masternode is. It seems like just a way to make a pyramid scheme into a sharper pyramid.

As there are a lot of coins with masternodes, it became a fashion to buy into or speculate price increase of a coin "because ... masternodes" Most of the discussion is about pump and ROI of a masternode. This is why it feels like a pyramid scheme. It's not about a coin has or has not masternodes, it's about are masternodes useful or not for that coin. In case of SYS they are of good use and a must for the network.

Masternodes are "always on" live nodes and validators of the network. Because of scalability, there is a general need to store data outside of the main chain, masternodes are the validators of this data. For the system to work properly you got to have incentives for these masternodes to exist (hence the profit they make). For keeping a masternode honest, some has to invest in it to minimize the fraud factor, so on syscoin you must have 100.000 SYS in order to launch a masternode. Not loosing that 100.000 is a big incentive to keep you honest.
As i'm not that good technically, please read on what the syscoin developers had to say about it https://medium.com/@BlockchainFoundry/core-research-and-development-update-503e450b380c

[CoinratZ]

SYS is very bullish at the moment, Debitcard news is just extra. New version of blockmarket is coming next week and masternodes first week november. I believe its gonna see a new ATH.

[SilverCryptoFX]

LOL i wish i had known what was pumping Syscoin...I would have cashed in a little. The debit card news is just hype. They have 89 other cryptos on the list!! Syscoin was just there to pump the news as they released it on twitter. Normal pricing will resume soon.

https://uquid.com/altcoin-debit-card

[CallMeBaiter]

Do you guys know where to find more information about the amount of coins needed for a masternode?

[huifang135]

when blockmarket web born. Three years later ebay will collapse

[matteo96]

Do you guys know where to find more information about the amount of coins needed for a masternode?

100 k.  It was asked and said thousands of times aaha

[johnp]

https://us.money2020.com/

https://twitter.com/syscoin/status/921059989342564353

jagdeep Will be doing a video interview with fintech finance in the media room. The interview will be blasted out to 100's of thousands of subscribers to fintech newswire readers across the world post conference

[Bergluft]

What do you guys think, is it a good time to invest in SYS now, i.e. right before the bitcoin fork?

[cryptme]

What do you guys think, is it a good time to invest in SYS now, i.e. right before the bitcoin fork?

You can try to time the market, buy when sys is on the bottom. If you succeed, you'll have a lot more sys. If sys goes up suddenly, you'll miss the opportunity. It's up to you to decide.
Sys is a too good investment for me to gamble on market timing.
Fork might give you 10-20% based on your luck and speed, but when all that money will flow back to alts, I believe SYS will have at least 100-300%.
As always, DYOR, read a lot.

[d0r10n]

What do you guys think, is it a good time to invest in SYS now, i.e. right before the bitcoin fork?

Yep, anything under 3000 sats is good entry IMHO. I wish I had a bit of spare cash to increase my SYS amount..

[MuffinMaster]

Nice ride of Syscoin price today!  Who bought yesterday should already be satisfied. In my opinion this is just the beginning of the rally prices up. Fingers crossed!

[Savik]

Just the beginning for this one. Wait til early 2018 to really see some space travel!

[MuffinMaster]

Just the beginning for this one. Wait til early 2018 to really see some space travel!

I'm waiting, I'm waiting. Coins are already in wallet, belts already tightened. I just hope I can collect more funds to buy more coins ..

Up up and away!!! 

[MrSunshine]

Just the beginning for this one. Wait til early 2018 to really see some space travel!

Maybe, I was told we were going to have a major rally in the fall... still waiting.

[burdeN]

So when exactly master nodes are coming? Today was a great run indeed but almost all altcoins did well today

[CryptoBliss]

Yeap, we will witness a huge pump from 10 of November till the release of masternodes. And more pumps to come with the release of the next products

[Savik]

Blockmarket version 1.1 coming by end of Oct, and much more after that:

https://medium.com/@BlockchainFoundry/syscoin-identities-encryption-bounty-and-new-price-peg-server-release-e86981fd6870

[Bergluft]

Let's talk competition.

How do you think Syscoin is positioned against its competitors; what are advantages and disadvantages in your opinion?