Re: [ANN] ProtonCoin [PROTON] - Masternodes, PoW, X16R algo, Active development

Over a month ago?

INCORRECT!

here are my transactions to purchase 1,000 coins to the Master Node and it's not over a month ago

195803 Buy Done PROTONBTC 0.00003499 400.0 0.000034989 400.0 2018-03-20 21:26:13
195529 Buy Done PROTONBTC 0.00002977 628.2443 0.000028251 628.2443 2018-03-20 20:44:38

Quote from: newprotoncoin on April 06, 2018, 01:33:53 PM

Quote from: OFWCOIN.COM on April 06, 2018, 01:23:47 PM

so - imagine this:

You buy the coins for a masternode - start up your masternode then after a week it stops working.

You come to find out that the dev has forked the coin - no big deal really even the the post that mentions the fork is burried in 20 pages of forum posts and they never took the time to update the OP or close the thread and start a new thread like most devs do.

but there's the kicker, even after you upgrade to the new wallet and blockchain, your masternode does not work any longer because now instead of the 1,000 coins you purchased for your masternode, you now need 5,000 - devs says "oh you're going to make a lot more money so you have to buy more coins on the exchange'. Yea - like dev has a crystal ball and predict the value of the coin in the future...

Pretty unethical if you ask me and violates terms of original master node agreement.

that's my gripe.

Hi OFWCOIN.COM,

Sorry for the delay, I am more active on the Discord server than here.

Something like this would never, ever come from us: "oh you're going to make a lot more money so you have to buy more coins on the exchange", because, of course, we will not talk about prices or predictions.
If you read that, it was either someone impersonating us, or someone from the community, not affiliated with the Core team.

We apologised several times for this inconvenience and also gave the reasons why it had to be done.

PS: What do you mean by not updating the OP? the 5000 coins collateral was changed more than 1 week ago

Hopefully you will remain in our community, and if you decide to leave, we will gladly welcome you back in the future.

Best,

ProtonCoin Team

Man....... easy..... re-read my message please. It was not modified

regardless - no logical explanation as to why the minimum number of coins was increased...

the absence of any logical reason just reeks of a money grab.

The reason is simple. The coin was to cheap and you could buy a MN today for a little over 100$. This means there would be so many MNs that you would get nothing out of it, no rewards or so low its not worth mentioning. By rising the colateral the devs ensured that the coin retains value and that a MN means something. Now relax and stop being so negative.

What happened to you sucks, it happened to me also, but I got over it. No sense in beating the dead horse. I still prefer an active project with good devs and vision that changed the colateral, over a dead project where nothing happens and you loose all you invested anyway.

Its as simple as that.