Quote from: Amidoman on March 03, 2018, 10:46:12 PM

Quote from: MrPuffnStuff on March 03, 2018, 07:47:17 PM

Quote from: DudeNamedSteve on March 03, 2018, 07:01:20 PM

Quote from: yatta on February 28, 2018, 06:32:31 PM

Seems that MAG is not going to Moon. Instant dump.

A good coin requires community, dev team, utility, and ability to follow their roadmap.
It's software in a sense. If you want quick money, Bitmex is great. This coin has the respect of Sr. members here, and that says a lot.
Sorry if you bought at the top. Good luck mooning, we'll see ya there my friend.

Agree with this, saw MAG after researching a lot of masternode based projects and am very excited about running a MAG MN. With active community and devs making the right moves and some long term progress, I'm expecting MAG to do quite well. I don't expect it to 'moon' I expect it to grow over time, you bought at the top and the entire market corrected into a bear market, be patient and HODL...

HODL doesn't work anymore and those who say HODL dump the coin first.
The problem with most masternode crypto is too much masternode reward. It seems like this should buy people in. get them to mine the coin and set up masternodes. Great. Then depending on the coin the reward usually grows with time so does the number of masternodes. The coin is mooning then unfortunately miners and masternode owners start taking the profit. All one by one dump the coin slowly bringing the price down. The coins seems less and less profitable so new investors skip it for a sake of other profitable coin. Price falls even further. Less people mine it, difficulty and hashrate drop. More rewards for masternode owner when other investors start selling masternodes so more dump and prices even lower. I have seen it so many times, countless. Mun, Tune, DSR, DIN, DNR, BWK, even Solaris which I love as the most stable of them all.
I think the solution is a healthy balance between the cost of the masternode and rewards, maybe automated reward system depending on the current coin market? Too many coins dumped - lower rewards? That would at least stabilise the prices long term.

Edit:

This is the reason I don't own any masternode yet. Trading brings me a lot more and I don't believe in this masternode system, it is completely wrong at the moment. I will wait for a perfected balanced masternode coin to invest in.

HODL doesn't work anymore? Curious statement that's blatantly wrong, also, I haven't dumped I, like I said, just bought into MAG for the first time last week. I agree with you that the masternode projects have too big of rewards, they should be lower and help sustain the project and protect from profit takers when the market is weak.

That being said, when the market is strong you will want those masternode payouts and it does incentive people to HODL for their masternode collateral and incentives traders like me to buy...when it's weak like right now it's easy to beat up on the current system. So I say again HODL HODL HODL (or don't I don't give a shit)