Topic: [*] 8BIT [Dark Masternodes][Anon][Roadmap Stage 4] - page 180. (Read 379550 times)

Very interesting, i would rather take a look at it. But i already have my own pi running.
But i wish you good luck with this project ShopemNL, this kind of things are needed, and you seem to offer a good service 

https://bitcointalksearch.org/topic/groupbuy-1coinnodeeu-full-247-bitcoin-litecoin-guldencoin-nodes-1099122

masternodes broke 200 lets get this up to 300 masternodes ...Great work people ...

Plug and play with activated master node.

All thats needed is port forwarding

looks great...Hope it works the same....would make it a lot easier to set up a masternode.

wow this is really great keep up the good work!

Image is ready and working great. Next thing to do is make the products and you can order your own 8bit masternode's for a fair price

The managening dashboard is comming out nice aswell, hope to finish it next week.

i agree, no marketing just yet. lets get the basics done first.

no marketing needed right now. Just more tech and relevant purposes for use.

Agreed

Unless you can keep adding nodes your share will diminish. We will find an equilibrium and know how profitable mn can be.

Right now we have no idea what services to offer, nor the prices the market is willing to pay for it. We still have a long way to go, but these are seperate things in my mind...

Demand trumps everything we can all see this. And with an interest rate in %, it needs to combat an exponential curve but having a fixed rate, inflation naturally corrects itself you'll see...
Don't forget untill we have market adoptation there is still buy on rumour/sell on news etc... Investors will come and go, some will stick. Inflation only hurts in the beginning, call em growing pains  .


Yeah thats where I'm at as well. And once we have this anchor and its target customer profile we need to size it up. How many coins do we need to satisfy this group at launch and thereafter? (that would be my answer to the inflation question)

For a coin to succeed long term we need an anchor. What is ours...?  Bit coin has alt coins and web sales. Currencies such as euro,usd,etc have a gov. backing it and stores take it. Why do people need 8bit ? That is the question we need to answer...Other coins are offering services in the wallet. We need a service in the wallet. That way people need our wallet and this coin. Ok thats my thinking. Any thoughts...

Marketing is needed but not now really. When mn will be capable to offer a service, there the marketing for that service should start.
My point on inflation was against services ofered by mn. If the services are expensive no one will pay for them, but if they are really cheap theres no profit vs a simple mn.
The inflation matters if there is no market to get this offer. If there was a very large demand for 8bit, the current inflation may not be seen as huge as now.

As long as it is an open discussion I will state my position, time is on our side. If people don't want to argue, then don't bring it up.


My question to you all is this: What would be a practical number of coins? 0.5mln? 1mln? 5mln?
And when should we try to reach that number? (roadmap)

Why do I ask?

Low numbers = Low risk/reward
High numbers = High risk/reward

And because the increment/total is a logarithmic curve it tends to converge to a limit(0).
This presents a "window of profitability". So how long do you want 8Bit to be profitable for masternodes/stake? Because that's the time the developer has to create something and get enough  market adoption to eat away the supply (this will be his burdon).

Low pay-out = Less time for Dev + Quick Dump
High pay-out = More time for Dev + Investment Oppertunity.

I know this might sound counterintuitive, but because the inflation problem converges to 0 a high pay-out is not really damaging. A low pay-out on the other hand closes this "window of profitability" and will make early investors jumpy. What is important is that the project-scope is carefully chosen!

Let me rephrase my question: What is 8Bit's aim? How big does it dare to be?

Low numbers/Low Pay-out = Nice little project on the side (short term)
Hign numbers/Low Pay-out = Walk through the desert for the developer(investors might jumpt ship)
Low numbers/High Pay-out = Inconceivable, or it must be a summer scam (our situation right now)
High numbers/High Pay-out = Daring (but it would need a lot of support from the community)

Block explorer would be nice, I think we can all agree on that.

We can argue all day about these things. We need to do something at some point in time. But the value seems to be stable. On the short term, it would be nice to  have a block explorer.

I understand how you feel. But the price has been stable for quite some time now. And we know that the problem of inflation will naturally correct itself to a negligable amount(see my earlier post).

It is all a matter of time perspective. Quick buck or long term investment.
Those who want a quick buck would want to reduce inflation.
Those who think long term want to accumulate by running masternodes (incredible return)

Knowing all this and the fact that we will soon have a developer willing to put in some hours to create real value. Is this then not a great time to buy and accumulate instead of selling out? What more do you want? The future is bright, HODL!

WHAT? o lord sell pressure? are you delusional?

Lol I'm not here to talk semantics.  You guys know what I meant by hyperinflation...

In my opinion, 8bit is rapidly inflating.

You may disagree, but the current reward structure creates a lot of sell pressure.

Lol, fair enough man.  

Although marketing is the least of our worries at this point.  We need a good product to market.

You can hype up shit all you want, but in the end, it's still shit.

We can agree to disagree, but I still think rewards need to be drastically reduced.

That is exactly my point! If nobody wants 8Bit because of bad marketing (Likened to an illness). Then supply and demand do not apply!

You took something that everyone wants right now (more gold). Which is just as arbitrary.

First 8Bit needs the likeness of Gold(real "marketed" value). Then you can fiddle around with supply/demand.

Not the other way around.

would be nice to get something done.