Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [PoS/MN] Gentarium (GTM) | Masternode hosting platform | Shared MN service
by
Mac-Cheese
on 16/07/2019, 23:22:39 UTC
Yep I think thats the biggest problem , the price is pretty high compared to other hosters

That is true however how long have these other masternode hosting platforms been around for? Also most new platforms will have lower fees to attract more people to use their services and then in the future they will start to bump them up and I have learned a lesson in life when it comes to cheap and that is most times cheap turns out bad and the people get what they pay for so I prefer to stick with Gentarium as they have proven to be one of the best masternode platforms in crypto so far.

Will they raise their prices in the future? Possibly, but I would be very surprised if they were close to the charges from GTM. It’s still profitable to run at the $0.99-$1.99 price range.

P2P hosting has a script available to run 17 P2P nodes on a single Digital Ocean $5 instance. I have run that script for their MN for months without issue. That gives you an idea of costs per node for some projects.

MANO released their project at the $1.99 price point. Prices are discounted as you host more nodes.

TRTT is another option. Some coins start as low as .49 Euro for starters. Their price will eventually be at the 1.99 Euro price point.

Those are just some of the services I can list off the top of my head. There’s stiff competition out there. Lots of people will use cheaper options as they learn they exist. That will continue to put downward pressure on GTM coin value.

Full disclosure....

I own TRTT, MANO and P2P because they have some upside in my opinion.

I sold all my GTM at around $0.65 each because I anticipated this price competition coming.