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Author Topic: What you will opinion?  (Read 488 times)
SabrinaBianka (OP)
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January 04, 2020, 11:02:00 AM
 #1

Hello, Lets talk about staking portion for a new generation of investment that you don't need trade cryptos but you can profit by locking tokens or coins?

I saw an staking today and the project called Elrond, Their staking has have 10 wave or phase of staking and now was on wave 2, the total supply was 17,000,000,000 ERD and only circulating was 6.612B each wave will be end if they reach the maximum 500M capacity. And the price still down fall, What is your opinion if they reached until the wave 10 and its almost all of circulating supply will be locked for a minimum 30 days up to 1 year.
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January 04, 2020, 11:50:44 AM
 #2

the price is determined by the demand, the locking period might affect the price in some way but it is not significant. even if the project locks 90% of the total circulating supply but nobody wants to buy it, the price will eventually drop. as for now, I do not see any demand for the altcoin.

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January 04, 2020, 11:54:04 AM
 #3

Mate you should be more worried about the potential of the project not how much you will earn when staking, many staking projects lose value and turn shitcoins because all they ever have to offer is just the staking feature, no other use case, be sure to check that out first
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January 04, 2020, 11:56:50 AM
 #4

When coin locking I think have big chance have higher price but depend with developer there are really with locking their coin or not, maybe when you want staking with some coin and lock it but developer never lock their assets and only your staking coin on exchange market have lock, I think when joining with staking project better to join with coin have limited supply.
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January 04, 2020, 12:13:26 PM
 #5

It's useless to staking coins or deflation if there is no potential, but will later make shitcoin, unless they can solve the problem quickly. It is also important to note that the development of crypto is currently competing with each other and the one who is able to master is the winner. Coin staking is indeed currently a hot topic of conversation, but what needs to be considered is whether there is potential or not? It's useless if the coins are locked in half of the supply if there is no real demand so it's useless.

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January 04, 2020, 12:17:26 PM
 #6

the price is determined by the demand, the locking period might affect the price in some way but it is not significant. even if the project locks 90% of the total circulating supply but nobody wants to buy it, the price will eventually drop. as for now, I do not see any demand for the altcoin.
market demand that can determine the price will be good or not, without the appropriate demand then I think the coins will continue to decline in price. so any method used by developers to hold coins must be proportional to the demand in the market.

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January 04, 2020, 12:19:02 PM
 #7

Hello, Lets talk about staking portion for a new generation of investment that you don't need trade cryptos but you can profit by locking tokens or coins?

I saw an staking today and the project called Elrond, Their staking has have 10 wave or phase of staking and now was on wave 2, the total supply was 17,000,000,000 ERD and only circulating was 6.612B each wave will be end if they reach the maximum 500M capacity. And the price still down fall, What is your opinion if they reached until the wave 10 and its almost all of circulating supply will be locked for a minimum 30 days up to 1 year.
Staking shit coins are risky though because you will never know when the prices will hit zero,better invest on a coin which is doing good and has more speculation than investing on new and low value coins.
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January 04, 2020, 12:29:30 PM
 #8

Hello, Lets talk about staking portion for a new generation of investment that you don't need trade cryptos but you can profit by locking tokens or coins?

I saw an staking today and the project called Elrond, Their staking has have 10 wave or phase of staking and now was on wave 2, the total supply was 17,000,000,000 ERD and only circulating was 6.612B each wave will be end if they reach the maximum 500M capacity. And the price still down fall, What is your opinion if they reached until the wave 10 and its almost all of circulating supply will be locked for a minimum 30 days up to 1 year.

It doesn't matter if you get more coins via stacking if no one will use or need them in the first place. And inflation of your coin most likely will decrease the price in btc, making the whole stacking pointless.

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January 04, 2020, 12:45:43 PM
 #9

When the focus is on the monetary outcome then I see a dead project already
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January 04, 2020, 01:15:10 PM
 #10

I can't give a straight about this because I don't know much about Elrond. But if you want to be on staking, choose those coins that are very popular lately and has a very strong support from the community and also to the exchanges where it's listed. With those popular staking coins, you have assurance that you are safe although I'm saying that I still don't have idea about Elrond.

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January 04, 2020, 01:20:48 PM
 #11

Mate you should be more worried about the potential of the project not how much you will earn when staking, many staking projects lose value and turn shitcoins because all they ever have to offer is just the staking feature, no other use case, be sure to check that out first

This is why there is not much demand for most of the altcoins that just appear to be released but without use case of the token. Even tron isn't safe to price fluctuation because it seem like TRX doesn't have a use case to their platform. Nothing so far is exactly meant for what TRX purpose is from the beginning. And this could be the cause of its failure just like the POS coins without a cause.

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January 04, 2020, 01:25:10 PM
 #12

Hello, Lets talk about staking portion for a new generation of investment that you don't need trade cryptos but you can profit by locking tokens or coins?

I saw an staking today and the project called Elrond, Their staking has have 10 wave or phase of staking and now was on wave 2, the total supply was 17,000,000,000 ERD and only circulating was 6.612B each wave will be end if they reach the maximum 500M capacity. And the price still down fall, What is your opinion if they reached until the wave 10 and its almost all of circulating supply will be locked for a minimum 30 days up to 1 year.

I too had a look at Elrond and it looks promising. But as you said, they might not be worth the hassle if you could still buy them cheaper at a later time.
I have a few coins that are staked, NEO, Tron and Algorand to name them. I rather focus on the high ranked coins by marketcap as they have lower chances to fail as many hedges use them on their portfolio.



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Xcode7
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January 04, 2020, 01:55:14 PM
 #13

Hello, Lets talk about staking portion for a new generation of investment that you don't need trade cryptos but you can profit by locking tokens or coins?

I saw an staking today and the project called Elrond, Their staking has have 10 wave or phase of staking and now was on wave 2, the total supply was 17,000,000,000 ERD and only circulating was 6.612B each wave will be end if they reach the maximum 500M capacity. And the price still down fall, What is your opinion if they reached until the wave 10 and its almost all of circulating supply will be locked for a minimum 30 days up to 1 year.
This is where we are mentally tested, do we have to really believe in a new token, or do we maintain the one we first held, the elrond problem I will certainly refrain from investing in, because there are still many more promising for the short to medium term in particular.

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fuer44
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January 04, 2020, 03:15:05 PM
 #14

recently I just thought that staking wasn't very effective for pumping the market. because locking tokens for a long time is not a good thing and for example later tokens do not get high demands and high volumes, it will only make the tokens even lower.
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January 04, 2020, 09:21:30 PM
 #15

Staking isn't that great anymore i crypto, especially if the lock condition are monthly based without the right to withdraw your coins.
I would stay out of these kin of staking coins, i won't min staking good coins but also have the right to withdraw when i see the prices right for me to sell.
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January 04, 2020, 10:56:38 PM
 #16

Hello, Lets talk about staking portion for a new generation of investment that you don't need trade cryptos but you can profit by locking tokens or coins?

I saw an staking today and the project called Elrond, Their staking has have 10 wave or phase of staking and now was on wave 2, the total supply was 17,000,000,000 ERD and only circulating was 6.612B each wave will be end if they reach the maximum 500M capacity. And the price still down fall, What is your opinion if they reached until the wave 10 and its almost all of circulating supply will be locked for a minimum 30 days up to 1 year.

If they are only a Staking token with no products or services or even platform to boast I don't think it's worth investing here not to mention there so high supply, any developer can create a token and make it a staking one and lock it for a period, it will just become a pump and dump coins with nothing to offer to the community.

pixie85
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January 04, 2020, 11:29:53 PM
 #17

I like staking because it's a nice and energy efficient way of minting new coins. There are many companies jumping on the bandwagon, offering staking services for multiple coins with a very low fee.
You have to remember that it's hard to generate profit from "nothing". The lower the investment and risk the lower the profit. With mining you had to buy hardware this way going long and risking more. PoS coins can be sold instantly so the risk is lower and the minimum investment is also much lower. Also investing in a bear market in both PoW or PoS is very risky and can get you on the negative very fast.
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January 04, 2020, 11:46:40 PM
 #18

It depends by project, some coins can give profit if stake them or lock them if there are enough investors who buy that coin or if that project have some connection with some huge websites and they accept their coin as a payment.
tenakha
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January 05, 2020, 12:25:24 AM
 #19

Hello, Lets talk about staking portion for a new generation of investment that you don't need trade cryptos but you can profit by locking tokens or coins?

I saw an staking today and the project called Elrond, Their staking has have 10 wave or phase of staking and now was on wave 2, the total supply was 17,000,000,000 ERD and only circulating was 6.612B each wave will be end if they reach the maximum 500M capacity. And the price still down fall, What is your opinion if they reached until the wave 10 and its almost all of circulating supply will be locked for a minimum 30 days up to 1 year.
I was unaware of the project, however I checked the scam accusation section and a few review sites and I did not encounter anything about it being bad.
So, of course, reaching the last wave means an increase in demand for elrond, which will mirror itself in price. But will it be that easy to reach the summit?
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January 05, 2020, 01:50:08 AM
 #20

I smell death on this coin.
If the focus is only staking and locking, I think that in the end the last staker won't get anything because the supply that has circulated from the previous wave is so numerous and there are no backups from the real use case. It is like who quickly wins.



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