Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Credits(CRDS): CPU-only mining | Argon2d PoW - Masternodes
by
EmoHP
on 06/04/2018, 18:55:30 UTC
@EmoHP

I agree with you about masternodes - if ROI is above particular % the system just isn't sustainable. Sadly most of MN coins belongs to this category, but maybe someone will do it right some day.

Yes, in a few years we probably won't see 95% of current coins on the market, but I won't try to predict which ones will survive. We may even see the rise of some new coin with superior tech which will beat the Bitcoin... who knows? Nothing last forever and blockchain may be replaced some day.

About REAL VALUE I have different opinion. Since now in crypto, market price mostly depends on hype and news (mostly fake) or some pump & dump schemes, the REAL VALUE for me is dev team, their vision and ability to deliver results. If the project develops a produt with real world use case, the price will follow.
Everybody can be a DEV with a little copy/paste of some open source, and reading a tutorial how to do it.
Everybody is becoming a DEV to earn control and money from the project.
The problems is we have too many projects. I don't say their developers are bad. I say the purpose of "so many" is wrong!
So please change your mine before you start loosing money. REAL VALUE are not in DEV team. Of course it depends on them and their efforts. But real money come from investors. So real money are more or less based on the marketing and DEV team's influence and connections in real live. Almost all projects work correctly, they're safe for the money in the wallet, they make fast, easy and cheap transactions. From DEV point of view they all should succeed. But in real live that not happen. Only projects which are property of people with big influence make it for a long time. As you can understand, these people create a crypto currency not "for a better world", but to put some extra money in their bank accounts. So with overall a negative expectancy and 70-90% profit for these groups, less that 5% of the money return to an average user. Average user is not only miner. He's also an investor. And "smart money" actually go to the SMART people invented the project. Very simple, very easy.
So we're at the end of era of shit-coins. As the mass loses from them. People are not so stupid to lose 3,4,5... 50 times in a sequence.