Quote from: lijoe408 on November 25, 2017, 01:57:57 PM

Quote from: Fatoshi on November 25, 2017, 05:33:40 AM

Quote from: lijoe408 on November 24, 2017, 10:22:28 PM

Quote from: aarell on November 24, 2017, 01:41:09 PM

Quote from: pawout on November 24, 2017, 01:29:50 PM

How many circulating XBY will there be when all the static nodes are locked lvl1, lvl2, lvl3?

Not sure but near about 100-150 million, CCR had posted the calculations in slack but I don't remember.

The question i've asked time and time again, but seems to be ignored is how can anyone guarantee that these nodes will be filled? In any market there is an equilibrium that is reached between the number of masternodes filled vs price of the coin. How does the XBY team come up this number and the assumption that all the nodes will be filled? This is the most basic question that noone seems to have an answer for or even bother addressing? This is a red flag since this is one of the justifications used to create xfuel to begin with. I'm not even trying to fud, but i'm wondering why noone is asking this basic question, or if there is an answer for it somewhere.

Like somone already said its simply the max limit if all three levels of nodes are filled. If you want to talk about anyone ignoring questions and you genuinely want to engage with an adult convesatuon then you side of that bargain is you have to listen to the answers.

So yeah its simply the max limit but I will also add my personal opinion to why most if not all will quite easily be filled.

1. Level 1 nodes even though the project was in early days had a huge demand for nodes...i think 512 which is a hell of a lot considering theywere 500k each even though the price was differnet to now they werent cheap.

2. Most of those nodes have not been broken even with the ups and downs of the project.

3. Nodes will be made and broken over time that simply how the system works...no one is trapped into keeping them. I also think as people see they can earn a good return from owning a node and free nodes become more scarce then people will be reluctant to break a node as they cant gurantee they can form a node again later. Node owning will likely have a premium...thats the free market.

4. The nodes dont cost anything (maybe some trasnfer fees for new lv1 though) they are simply held coins earning extra xby so the motivation is there for large holders and that wont change even if node sizes change over time.

5. This is the big one...nodes will earn fees like other nodes BUT more importantly they will earn from all the service fees from coperating daaps using the xby token. As the platform grows then obviously those service fees will grow so owing one will be potentially incredibly profitable far beyond any masternode. So yes a level node might end up being worth even a few million dollars but also they will earn possibly as much as a small company in service fees. Of course we dont know how big xby will get but the ratio to service fees and daaps to value of xby is gonna be related and will scale up.

6. Nodes particularly lv2 and lv3 are still dirt cheap...or at least will be dirt cheap. Even a level 1 node is still only a couple of bitcoin....cheap if you compare to say a dash node.

7. Lastly node owning is not for everyone. A few thousand nodes will be available probably forever. So as rime goes on it wont be for the average guy just like the avwrage guy doesnt own 20k bitcoin......but these people do exist. There is talk of splitting nodes when they become more expensiive but also im sure if they produce good returns then you might even see large companies owning one or even groups of investors owning one as part of a fund etc.

The Fatoshi High Yield Node Tracker Fund....hmm I like the sound of that. Cool

Ive said it before and its why I havent sold a single xby is because this is not like some niche ico token. This is a platform that will earn xby as an ACCUMULATE of all daaps that plug into the ecosystem. Who knows as companies we know today decide to plug into the platform as an alternative to the advertising model used today you as a node owner have a stake in all their future profits. Its this compound profit of future dapps that make xby a no brainer. You got to be able to logically imagine the future to get xby.. If you cant im sure there are some 100m priced niche ICOs that wont even get used in the future you can buy right now if you want. Lol.

Yes I understand all the listed benefits to having a node. With any project of course there has to be incentive to run a full node. My issue is that one of the rationale given for needing XFUEL is just give XBY more liquidity b/c only 100M will circulate when all the nodes will be filled. I'm saying it doesn't seem reasonable to create a token to free up excess supply, based on a scenario where maximum number of nodes are filled.

XFUEL is created for development purpose as no dev wants to work free. At that time a solution was kept before the community, to donate 10% of ones xby.
People want things to go their own way without hurting their own pockets. Before XFUEL created team was working for free, what is your participation ?
So just don't raise questions if you don't have a solution.

deldil

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