Quote from: Jim_Rambler on June 13, 2014, 12:45:41 AM

Quote from: btcMagnet on June 12, 2014, 10:59:37 PM

Quote from: btcMagnet on June 12, 2014, 01:20:34 AM

The most conservative aspect of my estimates is the fact that I used BC as a comparison,
which is not even an anon coin. (could have used dark you know, even when compensating for the difference in total number (12 to 1) this bumps the 80k figure to well over 300k per year for the service in question)

And here's a free tip... any coin that is not anon is going to be very seriously disadvantaged when ppl generally realize that non-anon coins (including btc btw) leave a double-wide trail engraved in digital stone.
because... At least half the wealth flowing into cc is trying to escape being tracked somewhere down the road.

So once again sensibility and innovation have been thwarted by traditional ignorance and myopic greed. No surprises here.

The MN-miner gang will be silent now having successfully arranged the outrageous pork train they were seeking... (this gang was never theory btw, but a matter of record for the literate lol, i was just trying to give these blatant insiders a tactful way out, but they didn't have the sense to take it, so... nm)

No one supporting this insane plan wants anymore highly recognizable and revealing 'USD numbers' being prominently displayed:

such as three hundred thousand dollars ($300,000.00) a year for Mnodes
(if dark turns out to be a closer cousin than black, which i consider to be the higher probability). [see quote above]

The proof is simple math, which unfortunately appears too complicated for this thread, but bottom line is...

over $300k this year will be sucked out by Mnode operators if OC goes to just $1 a coin within the time frame it took dark to go to $10, thereby returning profits hundreds of times the MN expenses, with clueless investors paying the difference. Sounds fair to me... but nm.

The amazing part is that orange will still prosper, it won't even be noticeably slowed down by this incredible blunder. So my continued recommendation is to buy more, especially at these xmas morning prices.

besides within months
the community will feel the porky price, strenuously object, and devs will be forced to do it right
^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^
(transpay market discovery, see prior post)

(But this is still no reason for agreeing to grossly overpay for any 2-bit service even for a matter of months,
bad business all round, having to fix it won't be great PR either, but again... nm)

btw i wonder how many have noticed that when comparing BC to OC, BC has more coins (almost 50% more currently), and this will be true for many years to come. OC has a relatively low rate of new coin creation which is obviously being overlooked by the market, but eventually the laws of S+D will define these smaller numbers with price adjustment, and you wanna be up to your bloody eyeballs in orange when this happens.

but until then i warn, keep your eyeballs and oranges peeled for any attempt to raise the 10% pork size of
this looming MN bankster-class pie. 10% is already deep into the twilight zone.

The gloating recipients of the MN honeypots will be glad to hear that I can't be burning much more time trying to educate their benefactors, but will continue my search for signs of intelligent life in crypto. No charge for the 10 million dollars worth of advice, since you only used about 5 cents worth.

btcMagnet

ps don't forget, if you're fondling coins out there...

Ancient Orangease proverb say: Orange in hand worth two in squoosh.

Please stop posting fear tactic numbers, the Masternode spec conversation is over support it or move on.

If must look at rewards like we are paying for something. Finish your math, and use your numbers completely.

MN get $300k for running servers, having the coins locked, exempt from PoS and transfer Anonymous Transactions

While PoS will ALWAYS get 10x more for doing regular transactions, so $3,000,000 paid to simple keep your wallet open. (The big thing your leaving out of your math is when masternodes are running those coins are not able to stack PoS and all the coins left to stake PoS, GET MORE of the % rewarded to PoS because there will be less coins to split the PoS % between.)

Both of these services are needed!!!

Also if you want to cherry pick numbers from other coins and use them half way, then once again your not just showing facts, your manipulating them.

So you have made a point to call darkcoin our cousin and cherry picked their numbers in your fear tactic math.

So to use your wording how much is Darkcoin "paying to have masternodes?"

1036DRK/day which is at todays price $10,732.96 PER DAY!!!

or $3,917,530.40 a YEAR to the masternodes, Stop your belly aching over $300,000 a YEAR

ok so you're saying dark is bleeding $ through every orifice,
paying nearly 4 mil dollars a year for a service that can be done for relative peanuts
and your argument is we should hurry up and follow them into that coin burner.

you have made my point here better than i ever could,
so i guess a 'thank you' is in order

btw MN operators should obviously NOT be penalized in any way
(or be omitted from pos rewards) for operating nodes,
that's double talk, we covered compensations being 'what ever it takes' days ago (pay attention ok),
but i still appreciate you exposing that $4 mil figure, man are those poor souls getting reamed.

they'll wake up eventually though, hey maybe they'll read your post lol
(wonder what % of investors knows this figure, bet it's small...
maybe u should take a poll on the dark thread)
that could be the spark that launches their service into a free market lol (im getting goosebumps here)
you could end up saving them millions... they owe you a yacht man. (im a witness)

Is this a great business or what, and thanks again for that 4 mil figure,
damn maybe that number will turn OC around now, save a lot of money and grief
it sure knocked me over. wow 4 mil $ eh, right off the top of their cap... every year... damn.

anyway GREAT POST man, any other bombshells for us?

EDIT: btw if $300k is scary wtf is 4 mil $