MarquiseMuseum
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September 21, 2019, 02:02:52 AM |
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new staking system yields $350 monthly if waves $10 with an 8k stack.
So if you buy 8k now and this coin does a x10 or more the roi is 2 years.
at $1 the roi is 20 years or 5% as specified. excluding compounded growth.
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boomboom
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September 21, 2019, 02:22:41 AM |
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new staking system yields $350 monthly if waves $10 with an 8k stack.
So if you buy 8k now and this coin does a x10 or more the roi is 2 years.
at $1 the roi is 20 years or 5% as specified. excluding compounded growth.
WAVES won't reach anywhere near $10 until Sasha sorts out lingering problems with his credibility from past failures, like the 3 year delay in Coinomat asset swaps, and the Vostok debacle. He has issued multiple unregistered securities, a highly suspect mega ICO, and he's acted dishonestly towards investors of those illegal securities, so he has acted both illegally & dishonestly. Does anyone really see WAVES hitting $10 with Sasha in charge, the guy is probably going to jail.
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estenity
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September 21, 2019, 02:52:21 AM |
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WAVES won't reach anywhere near $10 until Sasha sorts out lingering problems with his credibility from past failures, like the 3 year delay in Coinomat asset swaps, and the Vostok debacle. He has issued multiple unregistered securities, a highly suspect mega ICO, and he's acted dishonestly towards investors of those illegal securities, so he has acted both illegally & dishonestly.
Does anyone really see WAVES hitting $10 with Sasha in charge, the guy is probably going to jail.
I always said that resolving the pending coinomat assets swap, was a major pre-requisite, even if i am not personally concerned.
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Altcoinanalytics
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September 21, 2019, 07:27:30 AM |
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this is an important modification with a new reward:
"To make WAVES mining attractive, we suggest a reward of 6 WAVES for every generated block, which corresponds to target annual revenues of around ~5.3% (in WAVES) taking into account the possible increase of the generating balance". but will the total number of waves be still stable, or increase with time ? Yes total supply of WAVES will increase, This is very bad idea With fixed supply WAVES is losing value how about minting new coins? Why Shasha Ivanov need to listen to Trolls on telegram and twitter page! They are not part of WAVES community i bet they dont even holding 1 WAVES. "Target annual revenues of around ~5.3%" It's a fixed annual inflation rate if you don`t lease your waves to a node. You have no risks or disadvantages if you lease your waves. With higher revenues, more people will join the waves community and if the growth of the community, caused by the higher revenues, is greater as the ~5% inflation rate then it's for everybody successful, even for people without the leasing feature. The possibility of a bull bubble will also increase because a lot of new investors could join the waves project, caused by the ~5% growth rate. And if you lease your waves to a node, you will get back the ~5%inflation rate caused by the leasing profits. I am pretty sure it's a great idea and it will strengthen the waves project.
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idtrader
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September 21, 2019, 05:50:33 PM |
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this is an important modification with a new reward:
"To make WAVES mining attractive, we suggest a reward of 6 WAVES for every generated block, which corresponds to target annual revenues of around ~5.3% (in WAVES) taking into account the possible increase of the generating balance". but will the total number of waves be still stable, or increase with time ? Yes total supply of WAVES will increase, This is very bad idea With fixed supply WAVES is losing value how about minting new coins? Why Shasha Ivanov need to listen to Trolls on telegram and twitter page! They are not part of WAVES community i bet they dont even holding 1 WAVES. "Target annual revenues of around ~5.3%" It's a fixed annual inflation rate if you don`t lease your waves to a node. You have no risks or disadvantages if you lease your waves. With higher revenues, more people will join the waves community and if the growth of the community, caused by the higher revenues, is greater as the ~5% inflation rate then it's for everybody successful, even for people without the leasing feature. The possibility of a bull bubble will also increase because a lot of new investors could join the waves project, caused by the ~5% growth rate. And if you lease your waves to a node, you will get back the ~5%inflation rate caused by the leasing profits. I am pretty sure it's a great idea and it will strengthen the waves project. This is a really good solution for this!! https://forum.wavesplatform.com/t/wep-7-an-alternative-proposal-for-block-generation-reward/17013
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estenity
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September 22, 2019, 02:56:25 AM |
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will this alternative proposal WEP7 be submitted to voting ?
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jc12345
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September 22, 2019, 07:38:40 AM |
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this is an important modification with a new reward:
"To make WAVES mining attractive, we suggest a reward of 6 WAVES for every generated block, which corresponds to target annual revenues of around ~5.3% (in WAVES) taking into account the possible increase of the generating balance". but will the total number of waves be still stable, or increase with time ? Yes total supply of WAVES will increase, This is very bad idea With fixed supply WAVES is losing value how about minting new coins? Why Shasha Ivanov need to listen to Trolls on telegram and twitter page! They are not part of WAVES community i bet they dont even holding 1 WAVES. "Target annual revenues of around ~5.3%" It's a fixed annual inflation rate if you don`t lease your waves to a node. You have no risks or disadvantages if you lease your waves. With higher revenues, more people will join the waves community and if the growth of the community, caused by the higher revenues, is greater as the ~5% inflation rate then it's for everybody successful, even for people without the leasing feature. The possibility of a bull bubble will also increase because a lot of new investors could join the waves project, caused by the ~5% growth rate. And if you lease your waves to a node, you will get back the ~5%inflation rate caused by the leasing profits. I am pretty sure it's a great idea and it will strengthen the waves project. This is a really good solution for this!! https://forum.wavesplatform.com/t/wep-7-an-alternative-proposal-for-block-generation-reward/17013I dont think that this is a good idea. Unless you are staking, you will not benefit from a higher supply. Lets say someone stores their tokens on a Ledger and keep it long term as an investment. Now supply is increased through a higher stake reward. This means that the price per Waves will decrease as that is how crypto economics works. The person holding it on the Ledger, or any other wallet, will have their investment devalued. In order to maintain value, the person will have to stake their tokens to at least get more tokens. The article mentions "The use of a Proof of Stake consensus algorithm leads to some WAVES being withheld from circulation in full nodes. Similarly, some tokens are withheld because of leasing, and with the arrival of sidechains yet more tokens will be locked up and removed from circulation." The introduction of higher rewards and increasing supply will therefore increase the problem with more people withholding tokens by locking them up in staking nodes to not devalue their holdings. I cannot see any benefit with increase in rewards. it seems like a short term "solution" to increase interest in Waves in the short term. Why not rather wait until it becomes clear that there is a real problem. Currently the problem is only a perceived one as the writer of the article uses the words " Ultimately, this may prove unsustainable". Why make this change on something that may happen. The only know issue that will materialize out of this is that the price of Waves is going to the gutters and the whale holders will increase their holdings even more as they will get the most of the increase rewards. I would much rather prefer if the team ramps up adoption and usage so that circulating token supply becomes a real problem. There are way enough tokens already in supply. A shortage of token supply would in fact cause an increase in the price of Waves which would create much more interest in the token than getting more tokens in the short term.
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alevlaslo
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September 22, 2019, 08:48:38 AM |
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After the arrival of the government was said that Waves coins is not enough, it is necessary to introduce the emission. Why do that if you can divide every coin up to satoshis? Conclusion: good coins are those which forbid but those who approve is bad
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Sale the first NFT of the first foto
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wavessurfing
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September 22, 2019, 09:01:02 AM Last edit: September 23, 2019, 12:42:56 AM by wavessurfing |
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I do not agree with the adoption of inflationary model.
EDIT: slight rebound now, but has been under one usd per waves.
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MarquiseMuseum
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September 22, 2019, 10:32:02 AM Last edit: September 22, 2019, 12:56:35 PM by MarquiseMuseum Merited by JohnSilver (1) |
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Is the 5% reward dependent on supply inflation?
Max supply should remain unaltered, it is better to increase fees to cover reward increase. Or in combination.
Inflation is a zero sum game because the reward is offset by discounted price appreciation due to increased supply.
Liquidity is not a problem for waves because it is divisible to many decimals.
It is better for community to vote on max supply increase, all the coins I invested in 2018 went to -99% because of staking dumps in exchanges. Although their annual inflation was over 100%.
Bitcoin is well known to increase in value after halvings because supply inflation is decreased, similarly, price demand of waves will have no effect if the reward is dependent only on supply inflation, then it is not a real incentive for professional investors.
On the contrary, 5% is not much, and bitcoin is a healthy market maybe partially because of block minting emission rate by miners, who knows. Perhaps it is good for waves.
Waves is not bitcoin, they behave differently and with different use case.
There are other more pressing issues with waves demand at the moment, and that is VST integration with Waves in 2021, it will lead to increased supply from 100 million to 1.1 billion because VST will do everything that waves can do now. This is Russian government who are invading this decentralized space, it is very bad.
Waves market cap should be determined from supply of 1.1 billion because VST cloning. So the value is actually 1.1 billion at $1 and this can go to $0.1.
******
Marquise $Museum has two types of reward models for users:
1. Top 100 Rich list airdrop (reward depending on stake amount, total 5% of profits divided on 100 wallets) 2. Profit airdrop from cryptobook sales (10% fixed reward, only for top 100 wallets)
Both of these rewards are depending on external drivers of revenue through book sales and do not rely on increasing supply of $M-2 which is non reissuable.
All the big investors on waves platform only invest in non reissuable coins and there is agood reason for this, so that supply is reliable.
So, the way that $M-2 is airdropped at an annual rate of 15% is like this:
1. Company has founders fund to enable supply distribution and airdrops, currently 22% of max supply 2. External users can buy into this founders fund for cryptobook redeem rights, price is $30k per book/a few million $M-2 depending on price which is flexible at this stage 3. It is the revenue generated from these certificate sales that is redistributed through market buybacks or $M-2 airdrops to rich list wallets
If I simply minted new coins and airdropped them without any real backing of revenue profit, and say this is 5% staking reward, price will dump because it is Air. Maybe Waves can be renamed to Air.
******
However, Waves does have a valid revenue model with exchange fees, but it is for some reason not used properly. Let waves company have a maker fee of 0.1% of all transactions, and then redistribute half to stakers and let this be the 5% reward.
Now team can be incentiviced to build volume on the dex which will result in greater demand for staking (thus increased buying of waves) and profit for the company.
The staking is then centrally controlled, perhaps this is the price to pay for this type of implementation.
If Waves is suddenly generating profit for itself and for investors, then we can begin building a valuation matrix based on future expected revenue.
This valuation matrix is founded on active users and daily exchange volume. If Waves dex can become top 50 exchange, daily volume could be $200 million of which 0.1% is normal fee in centralized markets such as Binance.
This is $72 million annual profit and at P/E 30 it values Waves to $2 billion simplified.
Another method of backing the 5% reward is by increasing cost of issuing new tokens from 1 waves to 50 or 100.
BNB coin is top performing crypto of 2019, it is a popular model for crypto space and good timing for waves to join this revenue model.
In order to grow this business model, waves can onramp fortune 500 on their dex with issuance of private money. This eco system will be the first of its kind and waves platform can then become a new form of decentralized NASDAQ index.
For reference, NASDAQ's daily volume is $90 billion and with 0.1% transaction fee waves would have a market cap of 1 trillion USD if 100% market share.
VISA is $30 bn per day.
Considering Waves competitive position in the crypto sphere, 10% share equivalent in both these sectors is attainable easily, thus market cap of $100 to $200 billion USD.
It is $200 on VST integration and $2000 on Waves 100 million original max supply.
When crypto infrastructure is adapted with neural networks powered by 8 billion user devices, there will be an economic boom comparable to industrial revolution, with GDP growth from $80tn annually towards 1 quadrillion. Crypto is a singularity facilitator, the atlas of the global brain. Thousands of times more powerful than all supercomputers combined. Once the brain is in place, automation can follow with the building of robots.
NASDAQ & VISA can never attain this level of evolution because USD is not programmable currency, it is analog.
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Bitcoin_bullish
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September 22, 2019, 02:25:51 PM |
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VST integration with Waves in 2021, it will lead to increased supply from 100 million to 1.1 billion because VST will do everything that waves can do now.
Waves market cap should be determined from supply of 1.1 billion because VST cloning. So the value is actually 1.1 billion at $1 and this can go to $0.1.
Hello. I am interesting in more information on this. Do you have links or information on VST cloining or is this an assumption? I find this alarming if it happens.
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jc12345
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September 22, 2019, 02:33:20 PM |
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Max supply should remain unaltered, it is better to increase fees to cover reward increase. Or in combination.
Inflation is a zero sum game because the reward is offset by discounted price appreciation due to increased supply.
Liquidity is not a problem for waves because it is divisible to many decimals.
It is better for community to vote on max supply increase, all the coins I invested in 2018 went to -99% because of staking dumps in exchanges. Although their annual inflation was over 100%.
Bitcoin is well known to increase in value after halvings because supply inflation is decreased, similarly, price demand of waves will have no effect if the reward is dependent only on supply inflation, then it is not a real incentive for professional investors.
On the contrary, 5% is not much, and bitcoin is a healthy market maybe partially because of block minting emission rate by miners, who knows. Perhaps it is good for waves.
Waves is not bitcoin, they behave differently and with different use case.
There are other more pressing issues with waves demand at the moment, and that is VST integration with Waves in 2021, it will lead to increased supply from 100 million to 1.1 billion because VST will do everything that waves can do now. This is Russian government who are invading this decentralized space, it is very bad.
Waves market cap should be determined from supply of 1.1 billion because VST cloning. So the value is actually 1.1 billion at $1 and this can go to $0.1.
There are many truths in here. The problem is that crypto is a short term game and the whales will vote whatever brings them the biggest profit in the short term. If they can quickly score larger stakes with their big wallets they will vote for it and then dump the stakes on the market. Holders will probably move on before 2021. I am still trying to figure out why Waves dropped from 18000 to 9000 in just a few weeks, but is probably because people are pricing in the future supply side. When the proposal is voted in (and it will most probably be voted in by the whales) then everyone should move their tokens to staking to protect their holdings or move out of Waves and move back in later when the price has dropped a lot.
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wavessurfing
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September 22, 2019, 02:47:32 PM |
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VST integration with Waves in 2021, it will lead to increased supply from 100 million to 1.1 billion because VST will do everything that waves can do now.
Waves market cap should be determined from supply of 1.1 billion because VST cloning. So the value is actually 1.1 billion at $1 and this can go to $0.1.
Hello. I am interesting in more information on this. Do you have links or information on VST cloining or is this an assumption? I find this alarming if it happens. this is intriguing and would constitute another bad news. more details are required if true.
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MarquiseMuseum
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September 22, 2019, 03:06:55 PM |
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VST integration with Waves in 2021, it will lead to increased supply from 100 million to 1.1 billion because VST will do everything that waves can do now.
Waves market cap should be determined from supply of 1.1 billion because VST cloning. So the value is actually 1.1 billion at $1 and this can go to $0.1.
Hello. I am interesting in more information on this. Do you have links or information on VST cloining or is this an assumption? I find this alarming if it happens. this is intriguing and would constitute another bad news. more details are required if true. One native token from merger of $WAVES and $VST. Russian military/Rostec will control 90% of the new market. https://blog.wavesplatform.com/your-questions-about-waves-enterprise-answered-dcc892589700The above article says, no native token, and this article says native token from merged vst and waves: https://www.facebook.com/permalink.php?id=253762471501505&story_fbid=1096672997210444Part of the funds will also be used to enable the eventual merge of Waves Enterprise and Waves Platform network under one native token.
– What do you mean by Waves Platform and Waves Enterprise networks merging? This is what will happen in our next major release, which we are calling ‘Waves 2.0’. This is currently in the research stage. Further details about this release will be published in Q4 2019.
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wavessurfing
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September 22, 2019, 07:52:48 PM |
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I understand it differently. VST has been sold, and is a separate private network with waves technology. VST will have another token increase for public and private associates, when they bring new money. waves enterprise is a new entity that is parallel to VST and still not very precisely described. So a second professional entity, TBD..probably for different users. it is this entity that is projected to merge with waves platform. Ref: https://www.facebook.com/permalink.php?id=253762471501505&story_fbid=1096672997210444we need to ascertain this scheme. Maybe waves support has something to say for that. meanwhile waves turns to an inflationary level, its price decreases accordingly.
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crypto_trader#43xzEXrP
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September 22, 2019, 07:56:10 PM Last edit: September 24, 2019, 06:03:42 AM by crypto_trader#43xzEXrP |
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Is this possible to do mining the waves without synchronize blockchain, like this already doing for bitcoin or altcoin miners and mining pools? Is this possible to do synchronization of microblocks, and append new block to mainnet, after this will be generated, and do this without downloading and store FULL BLOCKCHAIN again and again after each damage or bug in the block-chain database? If yes, where I can find light-version of the mining node? If no, can you programming the light version of mining node, to do mining without a downloading and storing the full blockchain? This will be great tool for collectors of leased waves, because mining node can working even if blockchain database is already damaged, and slow long-time synchronization still not processed. UPD: I already found solution to restore damaged and corrupted leveldb database. Need just backup folder, and copy it again if there is any problems with blockchain database.
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TomThumb
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September 22, 2019, 09:10:54 PM |
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WAVES IS A PEST! WAVES IS A PEST! WE LOVE TOMATOES THEY'RE THE BEST! You can now buy "Tomatoes" cryptocurrency on Binance. Buy them while stocks last!
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MarquiseMuseum
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September 22, 2019, 09:44:54 PM |
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I understand it differently. VST has been sold, and is a separate private network with waves technology. VST will have another token increase for public and private associates, when they bring new money. waves enterprise is a new entity that is parallel to VST and still not very precisely described. So a second professional entity, TBD..probably for different users. it is this entity that is projected to merge with waves platform. Ref: https://www.facebook.com/permalink.php?id=253762471501505&story_fbid=1096672997210444we need to ascertain this scheme. Maybe waves support has something to say for that. meanwhile waves turns to an inflationary level, its price decreases accordingly. Waves enterprise is VST It was rebranded.
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