Post
Topic
Board Announcements (Altcoins)
Re: [ANN] CARDbuyers POW/POS/masternode
by
char0n
on 14/09/2018, 15:02:56 UTC
There are many good projects out there having tough times because of hyper-inflational reward systems. For example Trittium (will fork soon) and Aegeus (forked already and trying to recover).

Bcard is just the same.

Good project, but way too many tokens coming out at a too high rate.

Just to give an example: I only invested in 2500 Bcard in August but will have my masternode now in less then 50 days with a shared hosting company. Yes, that is even with a 5% fee reduction on top of my rewards, but on the other hand I keep reinvesting so I have the full compound interest rate which keeps kicking in.

Once I have my desired amounts/masternodes I will also throw my additionally earned tokens on the market. It then does not matter how good, or real the project is, or how close the launching date might be. I will sell because of diversification reasons and move to the next masternode.

Currently there are 800 masternodes creating an ongoing pressure on the price and devs cannot keep up with the value creation, hence the price will drop further.

Please consider another fork to correct this. Rewards should be at a rate of 1/10 of the current level or even less. And this gives you also more time to execute your plan.

There should be no easy way to get a masternode. Thanks.

 

Thanks for pointing that out. I'm sure, the devs will do their  best to prevent the problems resulting from this.