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Author Topic: Any good new staking coins coming on the market?  (Read 115 times)
leea-1334
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April 14, 2020, 01:13:03 PM
 #21

Would like to find a new, high enough percentage staking coin.  Kind of hard to buy coins that are higher priced as the price usually ends up falling.   Anyone know of any, in the 1-10 Sat range?  I am hoping to stake in the old way, without strange systems, just basically the wallet staking on one's own machine. 

You sort of answered yourself, you know staking coins eventually fall in value. I'm talking about POS coins designed just to stake and have no utility of course,,, ETH when it becomes POS could be different because it actually has lots of utility. You should give up staking coins unless you have a lot of resources either in hosting nodes or buying up the coins needed to stake as nodes.

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paramind22 (OP)
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April 14, 2020, 04:59:14 PM
Last edit: April 14, 2020, 05:47:30 PM by paramind22
 #22

Totally disagree with many of the posts here.  

1: Staking is merely distributing the blockchain just like Proof of Work
2: I stake about 15 different coins on 4 dedicated staking machines.  All the coins I picked started out (for me at least) as low sat coin.  Staking at home decentralizes crypto which was the original intention.  
3: You don't have to use a staking pool.  If you have coins offline like you're supposed to, why not earn "interest" or mine without having to buy expensive equipment?
4: The community is what makes the coin.  If these coins fail, it's because most of you are too stupid to get involved.
5: Some of the coins I stake are: CompoundCoin, VersionCoin, TruckCoin, HoboNickels, Stronghands, Mint, 1337, InflationCoin, Bottlecaps, Stackbit, InflationCoin, BitcoinTalkCoin, Stackbit, RAIN, OverpoweredCoin, and Proof of Stake coin.  



fullhdpixel
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April 14, 2020, 05:06:29 PM
 #23

Please do not look for new coins as that must be more riskier way but choosing existing coins for staking purpose will be more profitable in coming days. I do stake reddcoin and clam coin which are highly trusted old POS coins and I am recommending to go with them right away.

Other than POS coins, you may think about investing into waves and tron which are also providing POS functionality indirectly. You can lease out waves to earn waves on daily basis. Trust wallet allows you to stake tron to get daily rewards. I just read about brave browser which is providing various crypto rewards and BAT tokens is one of them. I am also thinking about making use of it.
You came up with a lot of useful information on POS coins and other passive income streams. So far, I do make some passive income only from freebitco.in which is paying me daily interest for my balance I hold with them.

I never think about investing with POS coins and masternode coins because most of the getting dumped over the time which means even with the new rewarded coins, we will not be able to recover our initial capital. This had happened with the many masternode coins so I was thinking about staying away from such investment things.

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GucciBoy
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April 14, 2020, 05:41:26 PM
 #24

Would like to find a new, high enough percentage staking coin.  Kind of hard to buy coins that are higher priced as the price usually ends up falling.   Anyone know of any, in the 1-10 Sat range?  I am hoping to stake in the old way, without strange systems, just basically the wallet staking on one's own machine. 

Stay away from new projects, and go old school man. You'll get burned HARD by new POS coins, a friend of mine lost nearly everything buying B3coin which had an enourmous 10,000% annually ROI on staking, which made the coin demand pump insanely high, and then fall HARD (due to inflation).

Check Blocknet, which yields around 18-20% currently, rock solid project from 2014, which have much more going on for them than just "staking", in fact you can profit off of their DEX if you run a service node (5000 coins required), or profit from their decentralized oracle network, once launched (in beta now). They are also working towards a better Infura solution, which can handle billions of requests/day. It's a project focusing around blockchain interoperability, which is pretty damn cool.
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