Masternode coins a good thing or bad?

[coincabin]

I somehow do like the masternode coins because they do promise a passive income but I always keep thinking what happens when all the coins are mined and the max supply has been met. Where do the rewards come from? I think it is making a lot of people hold the coins versus selling or dumping them for low prices but when the max supply has been reached isn't there going to be a huge dump of coins because there are no more rewards? If the coin price is high I am kind of sure people are just going to dump all their coins from masternodes and move on to the next where they still get rewards. Sure maybe a couple people will keep the masternode running but how good really is the blockchain secured if most people sell off their masternode coins?

I know it is going to be years until max supplies are going to be met but I just keep thinking about this. What is your opinion about it and do you invest in masternode coins? 

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[JimmyNg90]

This is a nice query. Im a newbie in cryptocurrency then I want to learn some ways to invest. Masternodes probably is a good point to begin investing.

By the way, someone please tell me which risks we maybe get while investing to masternodes? Thank you in advance.

[Rati24]

Yes, masternode coins are good for making money. If the price of a coin grows, everyone is happy with everything, but if the price of a current falls, people can sell their masternode and thereby aggravate the situation even more. Masternode gives passive income and there is not much to earn there, it is not. Better to start trading on exchanges.

[Alpha0One1]

If you believe that the project that has or will have a masternode will be adopted by masses in the near future, then it's good to have a masternode for passive income and to support the project as well.

[geliliyo.bit]

 Im a newbie in cryptocurrency then I want to learn some more information to invest. i think Masternodes probably is a good point to begin investing.
which are the risks and advantages that may i get from the masternodes ?
and tell me how to handle the risks in masternodes !!

[Lighthouze]

Masternodes are a good way of earning passive income from hodling a large portion of the a project's coin. It's also a good way to contributing to their development. They become bad when their hodlers decide to dump them en masse and move on to the next coin. Such dumping impacts on the coin price adversely. Also, imagine hodling masternodes for like Centra, and how they exited the space, that's a lot of losses that would be incurred.

[Asmh85]

As many members revealed masternods are a good  passive income ,you have raised a good question what Will happen if the  max total supply reached!, I think the project should do buyback the token and this will pump the token.

[coincabin]

The masternodes are supposed to secure a blockchain but I just keep thinking how is it sustainable? Especially when the max supply has been reached. I would not hold a MN for no rewards. I do believe mn are a good thing but I think there will be a huge price drop for coins when they reach max supply. Most people are going to dump the coins, some before the max supply and then the rest when max supply is reached. There must be a solution for this issue and I think it should be addressed now and not when the first mn coins start to reach max supply and mn drop like flies.

[Larssoneos02]

Yes masternode is a good way to earn passive income. But who would want to invest if there was no rewards. I hope there is a solution to this unforunate situation.

[warning_btc]

Masternode is good thing, today is not good because scammers take it how main weapon.
They create masternode coin, sell MN on presales then go do next masternode project

[Crypt0BHunter]

IMHO There are a lot of ponzi schemes which guarantee you stable passive income per month undercover most of mastenode-coins

[waynechong1995]

There's some level of MLM involved, as early adopter with lots of down nodes could dominate early with good prices, and as the coin falls those getting late nodes would have nothing that could passively earn you money

[electronicash]

don't you think these masternodes owner also sells the tokens they got?  i found some tokens that is actually a utility token while they are also into masternodes which means the token has to be used in their platform. the token shall circulate in this kind of set up. there will be users buying because they will need to token there are masternode owners who will also sell.

[Ted DiBiase]

Masternode is a good coin to hodl in terms of gaining a very good profit. It always helps in the development of their project as the amount of people investing in it increases its success overall. It gets bad only when hodlers decide to dump them in mass which causes an influx. In order to maintain value it should be dumped in moderate amounts to maintain flow so everyone can benefit.

[electronicash]

Masternode is a good coin to hodl in terms of gaining a very good profit. It always helps in the development of their project as the amount of people investing in it increases its success overall. It gets bad only when hodlers decide to dump them in mass which causes an influx. In order to maintain value it should be dumped in moderate amounts to maintain flow so everyone can benefit.

you can't just let anyone hold and dump little by little. when users who had lots of tokens but aren't enough to set up masternodes for a collateral, it will always be dumped no matter what. even the minexcoin which banking doesn't require anyone to have about a minimum quantity of MNX to start banking are dumped. bear market like this is the worst of all. people now starts to consider selling the coins they meant to hold for years because of these bear market.

[talkbitcoin]

it is not that easy to brand certain things as good or bad.

for instance in case of masternode coins i would say it depends on your views of the cryptocurrencies and how they should really be like. for example if you don't care about centralization and a master node having a lot of power in determining the future of the coin and also if you don't care about your transactions being tracked and possibly even censored if the masternode wanted,... then it is a good thing. but if you care about all that and you want a better decentralized model then no they are the worst thing.

[iconoclast]

I think whether they are a good or bad thing largely depends on the people involved. I look for projects with a very small premine, talented development team and interesting business plan. One of the ones that I particularly like is DarkPayCoin. It is an MN/PoS privacy coin. They have a premine of 0.1%, a really good community and are building a marketplace to give the coin utility.

[syarifbitcoinishack]

to be able run a masternode requires a lot of coins if they only give a little revenue share, better the funds are used for trading
because altcoin prices are fluctuations and must hold for a long time period, will be very risky to be exposed to market volatility

*so my answer is BAD 

[karramov]

People just get involved and stop. Interest is important. No matter what it is

[spopovss]

Everything depends on the market, if the market grows then it is beneficial to have masternods, but when price of the token falls, respectively, and profit falls, I have been looking at it for a long time.

[daviost]

when all the coins are mined then the masternode get the reward from transaction fee. But i think to reach the max supply its not the easy task. it will go until 10 years or 20 years. and if some masternode using a feeless transaction, i think they will fork their coin. Masternode is good exactly but at the moment there is a lot of Masternode coin who just offer the same feature and have the right ROI in the beginning so they just make their ecosytem broken. and A lot of masternode is scamming too, offer a presale and after got the presale their website and their discord/telegram group is vanished too. So becareful guys especially with anymous team. If you are beginner and attracted of Masternode feature, i suggest you to choose the famous one not the new one.

[vhns222]

Its good for makeing money but not good as its make coin centralised and market of coin can be manipulated very easy so i wouldnt invest in coins like that.

[TelolettOm]

Its good for makeing money but not good as its make coin centralised and market of coin can be manipulated very easy so i wouldnt invest in coins like that.

Good but also at risk. if indeed we are not careful in investing in it then we will also experience losses. so it's better indeed we are careful in investing

[Braeden Hahn]

Masternode coins are good for making money. If the price of a coin grows,everyone is happy with everything,but if the price of a current falls,people can sell their masternode and thereby aggravate the situation even more. Better to start trading on exchanges.

[Britva2018]

I somehow do like the masternode coins because they do promise a passive income but I always keep thinking what happens when all the coins are mined and the max supply has been met. Where do the rewards come from? I think it is making a lot of people hold the coins versus selling or dumping them for low prices but when the max supply has been reached isn't there going to be a huge dump of coins because there are no more rewards? If the coin price is high I am kind of sure people are just going to dump all their coins from masternodes and move on to the next where they still get rewards. Sure maybe a couple people will keep the masternode running but how good really is the blockchain secured if most people sell off their masternode coins?

I know it is going to be years until max supplies are going to be met but I just keep thinking about this. What is your opinion about it and do you invest in masternode coins?  

Hello world. I have invested in MN and receive a reward until I am going to sell the received reward.

[Aidenpeters]

The value of master node is good in the current situation and it's providing good features too. Also, it doesn't jump like normal nodes, so it's stable too.

[Aidenpeters]

Masternode coins are definitely not a bad thing. This is a passive source of income and it is indeed benificial. However, for a good income one should go for the trading.

[tonbit1239]

I somehow do like the masternode coins because they do promise a passive income but I always keep thinking what happens when all the coins are mined and the max supply has been met. Where do the rewards come from? I think it is making a lot of people hold the coins versus selling or dumping them for low prices but when the max supply has been reached isn't there going to be a huge dump of coins because there are no more rewards? If the coin price is high I am kind of sure people are just going to dump all their coins from masternodes and move on to the next where they still get rewards. Sure maybe a couple people will keep the masternode running but how good really is the blockchain secured if most people sell off their masternode coins?

I know it is going to be years until max supplies are going to be met but I just keep thinking about this. What is your opinion about it and do you invest in masternode coins? 

Yes, masternodes coins are good. if you invest on it, and gained the potential stakes. it's like more than having a money in the bank with interest. But you need to make sure that you'll to watch on the market of your coin and sell on profit to maximize your investment on it. Masternodes is very helpful for those who are very busy and can't trade on a daily basis. Well, if you're worried about dumping, better diversify your profit to avoid a lose. And the best thing is, always take out your capital after gaining a profit. Don't be greedy!

[Matt Hardy]

I know it is going to be years until max supplies are going to be met but I just keep thinking about this. What is your opinion about it and do you invest in masternode coins? 

Masternodes (MNs) are the hot ticket in alt-coins at the present time. Not a lot of forthright expenses is are required in hardware and power like Proof-of-Work (PoW) coins. Each task I catch wind of late is the following PIVX.By and by, I like it. PoW is excessively asset overwhelming, making it impossible to get us closer to mass appropriation. Verification of-Stake (PoS) and MNs are no doubt the eventual fate of digital currency. Many individuals perceive that and it is reflected in the measure of MN coins you have been seeing grown of late.

One may contend that the masternodes are awful for the economy in that they will at first remove numerous DRK from course and numerous more through the sparing of masternode installments by their proprietors. This could make an input circle where darkcoin continues getting increasingly profitable, all things considered everybody holds DRK and does not purchase with them consequently slowing down the economy.

Anyway I for one feel that masternodes and masternode installments are useful for the economy. With gaining DRK without bringing about this present reality expenses of mining one could all the more effortlessly spend their "free" DRK without agonizing over equipment costs, the power bill, and so forth. 10% of everything that will be mined goes to masternode proprietors and I trust they will probably spend the real DRK instead of changing over it to pay something like utilities.

Just idea this would influence an intriguing string, to please share your musings.

[moonblocks]

If you get in early you can gain a decent ROI with some projects but its getting more and more competitive as Masternodes become more popular just find a good quality project as there are lots of clones and not all of them are worth investing in

[Ojengonggu]

I am only an ICO inestor and as a bounty hunter who never mines but for now the masternode project is very much after the exchange and joining projects are very profitable

[Elierith254]

Masternode coins are advantageos in many cases. As they store data in full nodes, there is possibility for instant transactions and investors are incentivised monthly/weekly or as per rules of specific coins.

[Nydiratram12]

Masternodes are one best ways to earn money passively. But when the max supply is reached the price will fall massively and there is no point in holding it other than to sell.

[Abarethien45]

I think that reward wil be replaced by transaction fees. It is probable that many people will dump the coin or simply just won't be interested in transaction, but that's not the end of it. If price of the coin remains high, people can still earn good amount of money because of transaction fees.

[Briaric441]

Masternode is a good source to earn some money. It gives the benefits of earning some passive income but when the max supply is reached people are definitely going to sell the masternodes.

[seijaku]

There are a few things with Masternode coins - you're really looking at both the quality of the coin itself and the state of the market as far as whether it is going to be worth it.

I don't know that I necessarily worry about the question of being 'mined out' as in general this is something that doesn't happen - what is likely to happen though is a split etc and the creation of new coins, which is fine but obviously affects overall coin value. Doesn't necessarily make a difference if the other two things above are okay and you're in it for the long haul on a good project...

[FreeAirdrops]

I only have one masternode (SmartCash) but I do like the idea. They verify transactions and earn passive income. Plus with their capital locked up it keeps the price higher than itd otherwise be. I wish I could've gotten a Dash masternode back in the day. But it's still too rich for my blood.

[zhea]

I know it is going to be years until max supplies are going to be met but I just keep thinking about this. What is your opinion about it and do you invest in masternode coins? 

I am interested on running masternodes but what prevents me from doing so is requirement of it running 24/7. It is hard for some people to do that is why it may take some time for all the coins to be mined. Masternodes is a good thing i think for some in the sense that it would give a good passive income.

[marksayson]

Masternode is a good thing. It has a better return compared to staking some coins. But masternode has a higher price and a high coins or tokens requirements compared to staking. But make sure that the masternode coin you choose is a good and legit one because most masternodes available right now is a scam so better be wary.