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Author Topic: High reward POS and masternode coins  (Read 86 times)
Elpeor00 (OP)
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January 18, 2023, 06:21:19 PM
 #1

Hi, after doing nothing but taking care of my hoard for almost 3 years I'm back to altcoin escene, besides the comically high amount of 'the same NTF with a slightly different gimmick' projects I find it healthy and promising

But... besides the good, solid coins I need something else, I want to play with the 'other' coins, the riskier ones, and as a long time staker my favorite high risk cryptos are the ones with ridiculous, unsustainable POS rewards, the ones you know will go sub-satoshi overtime, you know, a bit of meme trading is funny sometimes

I have already spotted some masternodes with very high rewards, but I'm sure several more are out there, then, shill me, without shame your favorite unreasonably high POS or masternode coins, maybe some are worth a shot
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January 18, 2023, 07:09:06 PM
Last edit: January 19, 2023, 06:37:27 AM by Tytanowy Janusz
 #2

I have already spotted some masternodes with very high rewards, but I'm sure several more are out there, then, shill me, without shame your favorite unreasonably high POS or masternode coins, maybe some are worth a shot

Remember ... all "high APY" you see is mostly driven by high inflation. So if you see a 1000% staking APY on a coin which supply goes x10 in a year ... you are not doing a great deal... Its much better to have a low APY on well established coin rather than a high apy on a coin that is going to rug-pull sooner or later. For istance deflationary BNB with APY from lauchpads.

But if you want high risk on low marketcap coins ... I have one interesting coin that have high apy for small investment combined with low inflation. But remember, do your own research before investment.

Idena - its first POP (proof of person) blockchain. 1 person = 1 node = 1 vote. No KYC, sybil resistance achieved by turing test combined with POS type of rewards. Its interesting because they achieved non-linear increase in payments for nodes. 1000$ investment - 100% APY, 100 000$ investment - 18% APY (on a coin with supply inflation ~25%). - https://www.idena.io/staking. So it benefits small investors and you cant have 1000 small nodes to cheat system thanks to POP type of consensus. You can also start with 0$ investment, test network, acknowledge risks, and collect small rewards for helping network with turing test.
But DYOR first.
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January 18, 2023, 07:22:25 PM
 #3

I think you're want to gamble.

It's better watch the "Annoucement Board" to looks some new coin can be mineable at the beginning of the project. My friend is also doing this 1-2 years ago, however from 100 coin he was mining maybe only a few of them can be sold.

It's like gamble, nothing guanretee and the exchange is also small.

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January 18, 2023, 08:55:23 PM
 #4

Instead of looking into high reward POS and/or masternode coins. You may want to see the actual gains with those, those projections that are being show on how high they are, you may regret or show no patience with them after wards.

It's good that the market is starting to recover but most of those will just turn into nothing after wards when the bull's done or when there's no longer a demand on it.

Well, what are those that you're eyeing to have?

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January 18, 2023, 09:47:14 PM
 #5

Hi, after doing nothing but taking care of my hoard for almost 3 years I'm back to altcoin escene, besides the comically high amount of 'the same NTF with a slightly different gimmick' projects I find it healthy and promising

But... besides the good, solid coins I need something else, I want to play with the 'other' coins, the riskier ones, and as a long time staker my favorite high risk cryptos are the ones with ridiculous, unsustainable POS rewards, the ones you know will go sub-satoshi overtime, you know, a bit of meme trading is funny sometimes

I have already spotted some masternodes with very high rewards, but I'm sure several more are out there, then, shill me, without shame your favorite unreasonably high POS or masternode coins, maybe some are worth a shot
So, i don't understand why. If you want to play, why don't you play with microcaps instead of something that's doomed by math. Why would they be worth the shot when you can mathematically prove that they are unsustainable and will always go down in price? Or are you hooked on passive income? That's a byproduct of a good project. Like buying and trading NFTs got you PAINT, GODS and IMX airdrop, or that using uniswap got you UNI airdrop. People who bought apes got a lot of expensive free stuff later just because of holding them.

But projects with whole point of inflation are just sad. They are doomed to die because their whole idea is around wealth, something that should be a byproduct, not a whole gimmick.

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Elpeor00 (OP)
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January 18, 2023, 11:49:05 PM
 #6

Hi, after doing nothing but taking care of my hoard for almost 3 years I'm back to altcoin escene, besides the comically high amount of 'the same NTF with a slightly different gimmick' projects I find it healthy and promising

But... besides the good, solid coins I need something else, I want to play with the 'other' coins, the riskier ones, and as a long time staker my favorite high risk cryptos are the ones with ridiculous, unsustainable POS rewards, the ones you know will go sub-satoshi overtime, you know, a bit of meme trading is funny sometimes

I have already spotted some masternodes with very high rewards, but I'm sure several more are out there, then, shill me, without shame your favorite unreasonably high POS or masternode coins, maybe some are worth a shot
So, i don't understand why. If you want to play, why don't you play with microcaps instead of something that's doomed by math. Why would they be worth the shot when you can mathematically prove that they are unsustainable and will always go down in price? Or are you hooked on passive income? That's a byproduct of a good project. Like buying and trading NFTs got you PAINT, GODS and IMX airdrop, or that using uniswap got you UNI airdrop. People who bought apes got a lot of expensive free stuff later just because of holding them.

But projects with whole point of inflation are just sad. They are doomed to die because their whole idea is around wealth, something that should be a byproduct, not a whole gimmick.

Its not the passive income, I find trying to predict when they will fall hard an interesting exercise, of course, I never go into these projects with serious money

Well, what are those that you're eyeing to have?
essentia mars, cryptoshares, eros and some decenomy coins

I have already spotted some masternodes with very high rewards, but I'm sure several more are out there, then, shill me, without shame your favorite unreasonably high POS or masternode coins, maybe some are worth a shot

Idena - its first POP (proof of person) blockchain. 1 person = 1 node = 1 vote. No KYC, sybil resistance achived by turing test combined with POS type of rewards. Its interresting because they achived non-linear increase in payments for nodes. 1000$ investment - 100% APY, 100 000$ investment - 18% APY.  - https://www.idena.io/staking
But DYOR first.

that one looks interesting, I will learn more about it, thanks
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January 19, 2023, 03:29:40 PM
 #7

that one looks interesting, I will learn more about it, thanks

Tomorrow (Friday, Jan 20) at 13:30 UTC is the IDENA validation. Ceremony that happens once per few weeks during which turing test happens simultaneously for whole network. Nodes that pass this test, are proved to be owned by a human and can mine until next validation. So if you want to test network and see how it works and how turing test looks like ... its the best to do it tomorrow. No investment is needed.
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January 19, 2023, 09:57:49 PM
 #8

High reward POS = scam or you will lose your money Most of these investments do not have a high demand, and they achieve this demand with a high return, and therefore, within a short period, and when the demand decreases or technical problems occur, they will stop paying, and the lack of demand means that they will not be able to pay you, which means either lower the price by printing more or scamming some
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January 20, 2023, 01:39:46 PM
 #9

Instead of looking into high reward POS and/or masternode coins. You may want to see the actual gains with those, those projections that are being show on how high they are, you may regret or show no patience with them after wards.

It's good that the market is starting to recover but most of those will just turn into nothing after wards when the bull's done or when there's no longer a demand on it.

Well, what are those that you're eyeing to have?
I have a very good example of a high APY coin that has fallen very much in value. It is a new project from the COSMOS ecosystem, EVMOS. At first it was offering 1,000 or more percent for staking. But now that rate has dropped noticeably and the price has dropped 10 times in just a few months. It seems to me that it is better to stay away from POS projects in general.

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January 20, 2023, 03:24:04 PM
 #10

How many percent? Some of these masternodes are giving off a high percentage but eating up the rewards slowly. I think that might reduce to lower percentage soon. Unless the server is very strong to withstand many validators.

But what if you focus those funds on trading instead of putting it on masternode. As many validators join the league it will shrink to a smaller one.

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