Post
Topic
Board Announcements (Altcoins)
Re: [ANN] ION [ION] | POS 3.0 | Mobile Gaming | Join the ionomy today!
by
DaZuru
on 01/01/2018, 19:44:42 UTC
True WildShark, I didn't take into account staking or masternode income. I would need to know the Masternode counts for each month, and estimate from there. I did take a WAG and just used current monthly amounts, so this is WAY off and completely inaccurate, but fun to see how it would compare. I am not going to try and put this in a table. Smiley

   1/1/2017   Purchase $   # Coins   12 mth MN Rewards   Total Coins   Price Each 12/31/2017   Value 12/31/2017
BTC   963.06    $5,400           5.61   5.61                   $13,882.20   $77,839.26
ION     0.27    $5,400    20000.00   8687   28687.00   $3.22   $92,372.14

With this completely inaccurate portrayal, Ion beats BTC with Masternode income. This is not purchase advice, just a wild projection on my part. Smiley

If go down that rabbit hole you need to consider ION's abysmal liquidity for larger amounts (I can buy or dump 10 BTC at any time without moving the market, try that with ION), and also lower rewards for less-than-a-masternode amounts. Not to mention BCH, BTG, and other forks that added probably more than 20% for BTC bagholders last year.

True that there are no profits until you cash out. All spreadsheet make believe. I intend to hold, though. Like we sort of discussed, buying and hodling seems the best course of action for the long term. You make a good point about rapid selling of a large amount. Not sure I could impact the current half-a-million volume though. Smiley Like most trades, you can't be stupid and just flood the market. With patience you can sell. Just a matter of scale per each respective coin I guess. Still not sure where the whole BTC, BCH, BTG ordeal will go. The technical struggle for BTC will need to be addressed at some point I think. Wish I could predict which coin or coins will dominate 10 years from now. Should be an interesting ride for sure.

Almost got you where you post something without a derogatory comment, the Alice in Wonderland reference is borderline. Smiley  Freaking 14 degrees in Texas for New Years...