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2023-11: Warosu is now out of extended maintenance.

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20582286 No.20582286 [Reply] [Original]

right now we are at 2414 masternodes with a locked collareral of 36210000 xsn out of a circulating supply of 104 millions. Only less than a milion is on sale on Livecoin right now. Get your suicide stack now and start staking on cloud.stakenet.io or buy 15k and run your own masternode

>> No.20582686

>>20582286
It's kinda pumping right now

>> No.20582744

>10MN Chad

>> No.20582752

>>20582686
You don't buy it for whatever it's doing right now.
You buy it for what it's doing in a year from now and potentially 50x higher depending on how crazy this bull run will be.

>> No.20583267

>>20582686
I thought after a 5x pump it would have retraced to 1k sats instead is holding up very well. REEEEEEEEE I WANTED A CHEAP MASTERNODE

>> No.20583352

I don't see why it wouldn't get to $100 in a new bull. That's roughly a 10 billion MC. Dash was at fucking 12 billion during the last run, and it has no use-case.

>> No.20583436

8 masternodes saddled up there little doggy

>> No.20583491

>>20583352
>IOTA 15 billion
>Raiblocks 5 billion
>NEO 13 billion
>Ethereum __135__ billion

It's not out of this world, lads.

>> No.20583871

>>20583491
nice LARP

>> No.20583916

>>20582286
Plus you got guys like me with masternodes on their ledger that haven't set them up yet
Mine are locked away, never selling

>> No.20584023
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20584023

>>20582686
We're gonna make it lads

>> No.20584052
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20584052

>> No.20584170

>>20583352
>>20583491
this anon is right. if he have another 2017-18' bullrun this will be a homerun. but i doubt we will. this will still reach 2.5 billion+ MC within 2 years.

>> No.20584226

>>20582286
Shit that MN count has gone up a lot sure it was around 2200 a few weeks ago when I last looked in on it

>> No.20585011

>>20582286
Reminder that 10m XSN from Cryptopia are gone forever

>> No.20585115

>>20585011
4.5 Million

>> No.20585592

>>20583352
remember when DASH nodes were like $5k USD?

I remember.

>> No.20585746

>>20584052
downloaded

>> No.20586327

>>20585592
What was the peak. Like $1.2million right?

>> No.20586421

>>20586327
no I idea but DASH nodes went past $100k USD each.

>> No.20586991
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20586991

>>20582286
>>20582744
So wait, you can stake in a masternode right now and get passive income? Even at $1 you'd be sitting pretty comfy even without trading rewards. Can't imagine with 10 MNs how it feels

>> No.20587382

I'm glad I barely made it to even one MN. Gonna join the 3k club like that. I don't think we will see more than 3k nodes, cause most people will be priced out by far sooner or later

>> No.20587536

>>20587382
Shoot for three, anon.
Three should be the minimum for all of us who were early.
I'm less than 500 away from my second MN at the moment and it feels great.

>> No.20587563

>>20586421
But that's what I asked.
Cuz I think a dash node was more like 1.2 million at the top.

>> No.20587665

>>20586421
Yes I looked it up just now.
Dash peaked at $1233 per coin from what I could see.
It takes 1000 coins to make a node.
So $1.2 million per node.

>> No.20588119
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20588119

>> No.20588205

>>20586991
Have you factored in the VPS cost?
Not current as they have barely any power but future where they'll be actually running processes for the DEX and other stakenet things.

>> No.20588949

>>20584226
It will go up significantly in the short term and your MN rewards will drop down a lot.
I'd say 8-10 MN's is needed to make it.

>> No.20589074
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20589074

>>20588949
tfw only one MN, that is shared with my brother and friend.
5k+8k+2k

>> No.20589486

>>20588205
The Vps costs would be a fraction of the earnings we will get at something like $100million volume.
So not even worth mentioning.
It would be a rounding error on the chart.
The chart itself is just a rough guideline.
Very rough I should say.

>> No.20589558

>>20589074
That's gonna be fun when the MN has done a 30x and one guy wonna cash out, but the rest wonna hold, but does not have the cash to buy him out LOL.

>> No.20589707
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20589707

>>20589558
yeah, I've thought about that and I have plan and all parties agreed.
My brother and I have 13k and friend is 2k, we're gonna pay him back his 2k plus staking rewards in One Year Total, bcz MN staking returns are almost 2k+.
After that its me and my brother.

>> No.20589886

>>20589707
Good luck paying him off when one masternode is worth a million bucks. Might wanna make him disappear real soon.

>> No.20589889

bump

>> No.20590048

>>20587536
I'd love three but lol that's like 3 times what I can afford. But yea I'll try to DCA more into this with my weekly paycheck

>> No.20590166

Crab is over. Heading for that 5k mark.

>> No.20590200

>>20585592
>DASH nodes were like $5k
Gives me chills bro
We're gonna make it

>> No.20590318

Can this shitcoin dip reeee i want two more nooodes

>> No.20590477

>>20590318
you had enough time.

>> No.20590682

>>20590477
I didnt have money then

>> No.20591054

>>20589707
But there is a huge hole in your solution.
You say you want to pay him back his 2k from Staking rewards.
Well.. XSN is not a Stablecoins.
So if XSN is worth $10 per coin at the time he wants out, then you owe him $20.000
Then if the market pukes and everything crashes and XSN goes down to 50 cents, then it may take a whooole lot longer to pay him back then you expect.

>> No.20591446

>>20582286
So how does this work? If i throw 80k and get 333.333, then what? Also, what do nodes do exactly? thanks

>> No.20592001

>>20591446
Stakenet.io for info.
Or join their Discord for even more.

>> No.20592021

>>20591446
Currently they just mint new XSN coins but in time they will be the backbone of the exchange and net you an income based on the fees collected by the exchange meaning more volume on the exchange = more rewards.

Currently you get like 1.8~2 usd worth of xsn per masternode daily. and 333333 xsn would give you 22 masternodes.

>> No.20592051

Only have one masternode....I feel like I’m not going to make it...

>> No.20592092

>>20592021
sorry, its like 1.4~1.5 usd daily

>> No.20592139

>>20592051
That's because everyone's realised that once the trading fee gets reduced, and the amount of master nodes surpasses 4k, you need so many to 'make it' or generate over 100k a year. Most people are priced out from 10 masternodes now.

>> No.20592495

>>20592139
how much are the rewards being decreased?

>> No.20592627

>>20592139
Billions of dollars could be traded across the DEX as you can benefit from all exchanges in the world.

5 nodes will set you up for life, no joke

>> No.20592676

>>20592139
There should be a natural equilibrium around ~3100 nodes max as after that it becomes more profitable to just stake instead

So in theory, it's a self balancing system

>> No.20592715

>>20592139
Staking and MNs are balanced via the rewards mechanism (45% staking and 45% MNs). Very unlikely that we'll have 4000 masternodes. Same fud gets repeated, despite being shut down in every thread.

>> No.20592763

>>20592715
so my one node should still be some safe passive income yes?

>> No.20592823

>>20592627
>could be
I'll give you hundreds of millions, but not a billion. Not for many many years yet.

>>20592495
Well say they do something for people doing a lot of trades, like 0.05% or lower, like 0.01% for over 100k/daily or something. Then you have normal plebs just swapping 5-10k daily that pay 0.1% and then >5k per day on 0.25%.... Take an average of 0.01% and calculate your rewards with however many nodes you want.

>>20592676
Becomes profitable to switch to staking for block rewards, yeah. But stakes don't receive dex fees. Only Dex hub master nodes. If the dex ends up pulling over 500 million in trading volume a day, then there will be a lot of masternodes. But I agree to a point, some people will sell and shit, so we dunno. I keep 4k in my head for hydra, and 0.01% fees for long term thinking.

>> No.20592875
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20592875

I'll give back his coins not money, he bought the coin because I went all in and then I realised that we can make up a MN together. I'll give his 2k XSN whenever he wants, doesn't matter much, all I need is 2k more XSN of my own which can be staked(we have 13k) although it will take 2 years almost but possible nonetheless., can also buy some to speed up the staking process.

>> No.20593014

>>20592021
not sure that much liquidity even exists at anywhere near current price levels.

>> No.20593039

>>20592763
As long as xsn is above your buy in price, it's 'safe' income, right?

>> No.20593047

>>20592823
Yeh I get you but there should still be a point where it balances out profitability-wise

Also, lower fees but higher volume could still end up more profitable

It's all up in the air at this point as nobody really knows future figures with any certainty

>> No.20593072

>>20591054


>>20592875
This

>> No.20593144

>>20582286
i only have 5 master nodes. will i make it?

>> No.20593157

>>20593047
Yeah we dunno yet. Say this *does* blow the fuck up and reach >$20 a coin. And the balance of MN/Stakers means it's better to be a staker and just receive block rewards rather than be a masternode and receive block+dex rewards. You'll have more Stakers for sure, there will be a lot of figuring out to do.

1 MN isn't enough to make it though, err on the side of caution and get many more than that if you can afford it.

>> No.20593270

>>20593039
true, I bought in at 5 cents so I should be pretty safe on not making a loss on this either way. But ending up with a couple hundred bucks extra a month would be alright with me too hehe

>> No.20593415

>>20593157
Agreed. I think the low maintenance solution is to split 50-50. So 15k in a masternode and 15k staking for example and then you are covered whichever way the wind is blowing

>> No.20594327

7mn checking in.

When this moons, I'm going to hire a local kid to fly around and egg all the fudders jay and silent bob style

>> No.20594465

>>20594327
You'll be so rich that this local kid will be able to hire other kids to do the actual egging

>> No.20595284

>>20589886
You second this verdict, lose ends needs to be settled

>> No.20595797

Masternodes are the way 2 go if you want to make it. This is the only promising project with the highest roi compared 2 its risk which is extremely low

>> No.20595982

>>20594327
Nice, jealous, only got 4 .. Hope I'll make it regardless

>> No.20596908

>>20586991
This chart is just too good to be true. Even if we say there's 5,000 masternodes. At a $500M trading volume that's like $70k in passive income annually from kne MN. Some people have ten so that's $700k is passive income. Idk just seems unreal imo. Someone shill me

>> No.20597435

>>20596908
Are you sure you want us to shill you? You don’t want FUD instead?

>> No.20597529

>>20596908
It feels unreal because the project is the real deal, and for those who have and will invest in this project within the next couple weeks will be set for several lifetimes.

>> No.20597619

I thought 1 MN was the make it stack, am I holding a suicide stack now?

>> No.20597850

>>20597619
You are actually good, lets consider the realistic worst case, xsn will be 1$ min soon and lets say the exchange gets no volume about 5 mil, you would still have 4800$ per masternode assuming 2500masternodes are locked up