Quote from: idev on January 18, 2018, 11:35:05 PM

Quote from: MarquiseMuseum on January 03, 2018, 02:12:38 AM

This is my selection of analyzed Masternode coins part of Crypto boom generation 3.0, every conclusion presented herein is a speculative outcome of each coin within 6-12 months. The purpose is to offer a fresh perspective for investors using unconventional assumptions.

So let's begin from lowest to highest current valuation in the coins that I have analyzed so far:

-PhantomX: Needs new website design, haven't downloaded wallet. Speculation of malware infected files, 1 investor lost all funds after using PnX.
With new website/design team and clearance of malware rumour this coin could gain x50-100 by Jan 2019, current valuation including maxsupply is $3m

-Desire: Needs website revision, team seems legit (Asian based?). No PoS, current valuation including Max Supply is $50m which is fair value.
With continued development this coin could gain x10-30 by January 2019. Of tested wallets Desire has one of the fastest transaction rates.

-Force: Lowest MC including MS, PoS/Very fast wallet, possible x1000 6-12 months with dedicated design & marketing team/new website.

-Bulwark: Market Cap including Max Supply $300m. Fairly slow transaction speed, no PoS until year 2, solid team and best presentation/marketing
Possible x10-40 6-12 months, could be a future x1000 (5-10 years)

The following are likely Pyramids disguising as Masternodes (pure speculation!):

-GoByte: Italian Mafia racket, exit scam before Bittrex listing around x10 current valuation. Slow wallet & highest MC of $750m

-Magnet, Pure Pyramid MC $200m+

IF Magnet and Gobyte's ROI is transient before switching to PoS or some other planned roadmap, then they would not qualify as Pyramids, annual ROI is more of a marketing tool in this case. I know for a fact that Magnets listed ROI is incorrect, invest with care. Anything above 100% ROI that is not of a temporary nature should be suspect of Pyramid scheme.

Giro Coin looks highly suspect on the dev team, possible scam, haven't analyzed it futher. If dev team aren't scammers they need to redo profile pics.

Lets clear this one up.

First of all - to call this analysis, is a VERY bold move on the writers part. There is no solid numbers present. Most of the opinions are very subjective, most of the "analysis" is just random guesses. There is literally nothing that can be explained with anything else than just the writers imagination. Lets dig in!

I will evaluate on our Magnet only, because i have a very clear understanding what is going on in the background and readers can see how this correlates with the MarquiseMuseums analyzed views... but that said i will try to bring some numbers into this mix where ever i see possible.

First stop

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-Force: Lowest MC including MS, PoS/Very fast wallet, possible x1000 6-12 months with dedicated design & marketing team/new website.

Force has a market cap of around 10 million right now according to coinmarketcap. 1000x growth would mean the total market cap of 10 000 000 000 within approximately 6-12 months time.
For comparison top 6 coin right now - Litecoin $10,455,486,307 marketcap, so the writer suggests that FORCE will come from a obscure MN coin to a top 10-25 networks IF they are using the following strategy "dedicated design & marketing team/new website." Even if 1000x was a typo - 6 months with 100x growth is very unlikely to happen.
Are You starting to see the false facts presented within the "analyzed" info?

Next one

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The following are likely Pyramids disguising as Masternodes (pure speculation!):

Writer has decency to warn everybody and that is actually very nice gesture. Thank You for that!
In here i would like to raise a question what is the Pyramids or the Pyramid Scheme?

Here is the wiki explanation - A pyramid scheme (commonly known as pyramid scams) is a business model that recruits members via a promise of payments or services for enrolling others into the scheme, rather than supplying investments or sale of products or services. As recruiting multiplies, recruiting becomes quickly impossible, and most members are unable to profit; as such, pyramid schemes are unsustainable and often illegal.

No masternode coin is recruiting anyone. Most crypto is very liberal and the users are 100% the ones who decide what network to support. There is no sign up reward, there is no one recruiting ever. Also if the writer would have some understanding of monetary systems or at least programming basics then Masternodes never seize to give out rewards. More people involved, higher the rewards actually go. Masternodes rewards can get smaller/less frequent, but this also means that the value of the coin is raised through invested MN costs and rewards in the end are bigger. There can be some fluctuation due undstable daily coin release through block rewards and network size also can play role in the price, but most of the Masternode coins will gain value with more users. Otherwise early investors would sell their Masternodes very quickly, but this rarely happens. During the BTC price plummet last few days (it happened because of the BTC Futures expiring - https://www.cnbc.com/2018/01/17/as-the-first-bitcoin-futures-expire-price-and-volume-concerns-arise.html), Masternode coins were the ones to hold their price strongest. Price is usually stable due lot of coins locked in Masternodes.
So now You can maybe see how the claim of being Pyramid Scheme is 100% false if You care to dig up the explanation for it?

Next stop

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IF Magnet and Gobyte's ROI is transient before switching to PoS or some other planned roadmap, then they would not qualify as Pyramids, annual ROI is more of a marketing tool in this case. I know for a fact that Magnets listed ROI is incorrect, invest with care. Anything above 100% ROI that is not of a temporary nature should be suspect of Pyramid scheme.

What does that even mean? "IF Magnet and Gobyte's ROI is transient before switching to PoS or some other planned roadmap"...
We are hybrid network that utilizes POS/POW both and we have never said to switch to POS. There is no certainty of either POS or POW being the best solution, so until there is no solid way - we are going to support both solutions so our users are safe, whatever the threat.

Quote

then they would not qualify as Pyramids, annual ROI is more of a marketing tool in this case.

Annual ROI is in most of the cases calculated considering the blockchain real-time data. If some network decides to market themselves based on a good ROI then this is not a scheme. It is a marketing choice. Most of the times this means that network has not much else to offer than just good numbers though. So in those cases actually user should be careful, but it has nothing to do with Pyramid Schemes.

Last stop before conclusion. Try to hold on a little bit more.

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I know for a fact that Magnets listed ROI is incorrect, invest with care. Anything above 100% ROI that is not of a temporary nature should be suspect of Pyramid scheme.

Lets start with the fact that we have never listed the ROI anywhere on our pages or channels. We had a discussion about listing it on our webpage, but we quickly understood that this has nothing to do with our goals and we did not do it. So probably writer is referring to some ROI on some MN ranking page. Most of the pages have a warning listed that those numbers are a prediction. A bit educated crypto user should know that You cannot take the Masternode rewards/ROI as a solid basis for Your reward calculations.
There is 2 reasons for that:
1 - Masternode rewards on our case are randomly given out based on Masternode ranking numbers. So to have a solid numbers, we should consider the time period of a week to a month for calculating averages.. but the Masternode number is ever-changing so it is fairly hard to be precise.
2 - Masternode rewards (50% of POW block rewards in our case) are changing with the Masternode number all the time so the ROI is a prediciton.
Usually it is achieved like this:
- first the daily block rewards are calculated and through that we can find the Masternode rewards total daily
- next You take those total rewards and divide the number with the active Masternode number
- previous step gives us the daily Mn reward for 1 MN and that can now be multiplied with 365 for approx annual ROI for example

So last thing is the claim "Anything above 100% ROI that is not of a temporary nature should be suspect of Pyramid scheme." This is again such claim that it hurts the eyes a bit to read it. I explained before how the ROI is calculated so it being over 100% or under has NOTHING to do with any Pyramid or any other scheme. ROI is purely based on blockchain data, it can be very different and it is deeply rooted in the demand on the market.

Conclusion

Main point here is that everybody runs on the same open source code and everybody using it has exact same odds to get the rewards.

If someone comes out with a bit of longer text which has big words in it.. ALWAYS question and research Yourself. If You do not know how - ask people who know. Be ready to learn to make it easier for Yourself. That is the only true way to be safe. Always. KEEP ON LEARNING AND QUESTIONING THE WORLD AROUND YOU!

As a last farewell i will put out few facts that can be easily checked and i ask You as a reader to consider if those are the characteristics of a Pyramid Scheme..

- during the scams happening in our slack channel, we did compensate to the users around 22 000 Magnets. The tx id-s were published the users can confirm this if needed.
- Christmas 2017, being only under 2 months old and small marketcapped - we did donated 5000$ worth of BTC to the various causes. post with tx id-s can be found on our twitter feed.
- we are always here for the community and explain if something is not understood. We put out good tutorials to ease the processes for the users.
- we can proudly say that with community help, our support is basically live 24/7 in discord channel

I will only suggest peoples DO YOUR OWN RESEARCH!
too many FUDER SCAMER and BULLSHITER out there
BTW， I am quite happy can buy mag at cheap price, thx for this analysis.