Post
Topic
Board Announcements (Altcoins)
Re: ✅ [ANN] LIGHTPAYCOIN LPC ⭐ MASTERNODES ✅ POS ⭐ MNO AND CRYPTOBRIDGE LISTED ✅
by
ZeroCrypto
on 12/10/2018, 11:43:53 UTC
In my opinion, the devs should think about changing the collateral, that is needed to host a masternode. A higher ROI is the key for a higher interest in the coin/project itself and obviously for a higher price. At this moment the needed LPC for a masternode is around 900$, this is in my opinion to low. What is your opinions about that guys?

I don't think changing collateral on coins is a smart move, unless it was planned from the beginning. It feels like a price controlling mechanism and a team shouldn't be focussed on that.. they should focus on delivering on the roadmap.

There are 53 nodes for sale on CB alone.. most of them at very low price.. and still the total MN count is increasing. I'd like to know where all these coins are coming from..

What is CB?

Well if the price is low, obviously people jump on and create more masternode. New Coins are coming from the block reward...

Edit: Ah well figured it out, CB stands for Cryptobridge^^

If that is the case, then that would mean almost every MN holder is selling their rewards. Actually, not selling but dumping seeing the sharp price decline.

I hope these MN holders come to their senses and sell more responsibly.. we control the price if we play it smart

Unfortunately, selling is unavoidable if one needs to pay for expenses like electricity. It's just how the market works, some will sell, some will hold, until the market improves and many will not sell for fear of being left behind.