Its perfect time to buy MN
Soon there will be no coins left in circulation, over a million coins are locked in masternodes already. If there are no more coins left for trading then what?
Without coins left in circulation price will be violent and all will be lost. I think the policy towards masternodes must be more flexible and price-specific.
Plenty of coins trickle to market everyday from masternode earnings.
Guys, I need your help:
– What is this virtual currency’s most recent market cap?
– What kind of virtual currency is this?
– What is this virtual currency primarily used for?
– When was this virtual currency first introduced?
– What is the history of this virtual currency?
This is because of iOS App Store Review and it would be good to have good answers. This is currently what I have:
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– What is this virtual currency’s most recent market cap?
$867 338 USD
81 BTC
its still growing.
– What kind of virtual currency is this?
This is a cryptocurrency, like Bitcoin. But it's a altcoin, called "alternative coin"
– What is this virtual currency primarily used for?
– When was this virtual currency first introduced?
October 15, 2017
– What is the history of this virtual currency?
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This is currently what I have
Thanks! =)
- Chinafreak
I can answer for the unique use case and correct valuation:
max supply is 22 million desire over a period of many years, current supply is a few million and the remainder will come form masternode earnings.
Desire value at $1 is thus 22 million dollars which is on the lower end of the spectrum in the masternode ecosystem. Short to mid term downside is up to -90%, long term upside could be as high as x100 based on $1, the amount of competitors, global crypto value, use case and DASH/PIVX value which is the reference mark.
The use case is unique to masternodes generation 3.0 which is Desires Peer group along with coins such as Force, Bulwark, Gobyte and a few dozen others.
The generation 3 blockchains offer instant transfer, deep privacy if needed, scalability and most importantly; a way for ordinary people with some technical knowledge to earn money by contributing to the network operation through computing power by staking coins and creating masternodes from a fixed amount of required coins.
The new generation is an excellent opportunity for first time crypto investors to participate in the infamous growth rate of this budding economic sector whereas top 20 coins are unlikely to offer the same yield on an annual basis for the next few years. It may also hold potential as a form of near future technological bridge to universal basic income which is significant.
Risk is high but technological advantage makes for a solid use case delivering multi pronged solutions to the crypto economy. The competitive aspects of having launched at the same time as a few dozen other coins with similar solutions are lessened by synergistic cross brand marketing effects of partaking in a subcategory of the crypto ecosystem.
Recommendation is buy and hold for minimum 1 year, preferably more. Spread investment across many brands and only invest what you can afford to lose.
