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Topic: ✅|ANN| 🌍DESIRE |NeoScrypt| |🔨MasterNodes🔨| - COIN OF YOUR DREAMS! - page 5. (Read 167492 times)

member
Activity: 744
Merit: 29
www.MarquiseMuseum.com
At $0.05 all masternodes will be profitable and generate additional 166 000 coins monthly (1462x114), and it is likely that more people will invest in nodes in a positive feedback loop similar to winter 2017.

But at some point supply will once again outnumber demand because there is an equal amount of mined coins being generated at $0.05 (160k), and mining profitability for single GPU miners breakeven at this price, which will generate even more supply.

At $0.05 (ten times present market cap), supply inflation is nearly 330 000 coins per month or $16 500. This is excluding new node operators and single GPU miners.

It is unclear what may trigger value appreciation to sustain $0.05. Multi tariff masternodes (10 000 coins instead of 1000), will make Desire profitable at $0.005 which is present market cap. Because the single miner who is hashing 220mh/s using free electricity and paid GPUs is already undercutting masternodes by a factor of ten, it is likely that he will begin cutting into profits at $0.005 (he makes $800 pure monthly profit at this level, 160 000 coins). As a result prices may depreciate 50% or more to block multi tariff supply competition.

Desire is centrally controlled by a single high output miner who entered the game in early february of 2018. He is profiting even down to $0.00075 ($125/month), and so technically the price inclusive of all immaterial value represented by indexes and exchanges and other development such as wallet coding and white paper, can drop by another 88%.

This is a single user because all coins are generated into 1 wallet. If it is a mining pool where profit is shared amongst many people, then price can easily go up ten times from $0.005. As far as I can determine, it is a single user.

Remedies to increase value includes:

1. Restricting mining rewards alot or even shutting it down entirely. This was tried by Bulwark team and it did not stop price decline with the difference that bulwark was valued at several hundred times more than DSR at the time. If mining is shut down then price will increase to $0.05 where masternodes become profitable once more, but if multi tariffs are introduced, then price will decline to $0.005 again.

2. A new bull market with increased demand for masternode coins to sustain supply inflation. It is unlikely that this can last for more than a few months, similarly to what we saw in late 2017, simply due to impossible mathmatics and the fact that DSR is one of tens of dozens of similar coins, with a low total market share and USP. If hashing power and supply generation through lots of new nodes rapidly increase free float supply towards 22 million coins then price momentum may be sustained due to reduced mining rewards. Positive feedback momentum is dependant on long term investors scooping up this supply inflation at low levels and holding the coins until price settles at much higher levels. But a high valuation should be reflected in coin development and user base. DSR is part of a generation 2017 masternodes and there is some immaterial value in this respect, which, barring supply inflation, is anywhere from $0.00075 and 50 cents but probably not lower nor higher.  

3. The passage of 8 years until 2026 or a bit earlier when mining rewards dwindle. In 2023 at 30% annual mining reward reduction, coins generated through mining alone will be 2.3 daily/26 000 monthly, or $131 profit at $0.05.

For long term investors a good theorethical entry is between $0.00075 and $0.0027. As this is a high tech investment it is likely to be replaced with something more relevant within those 8 years, but there may be opportunity to profit from price momentum during this interval. The fundamental problem with current state of DSR is that coin accumulation through masternode ownership does not dilute profits from the single miner who is hashing 160 000 coins per month. And he does not have mining competition either because the ROI at $0.005 is 9 years on an equivalent mining rig (which is impossible since max supply will be reached long before that point, or rewards dwindle), which he recouperated in less than 30 days when DSR was trading around $1.

Organic growth by 2026 at 0.8 daily coins minted yields $0.1 per coin. This calculation does not take into consideration masternodes and was based on 370 daily rewards at 220 mh/s which is around 9k coins per month whereas profit in the present at $0.005 is $800 per month. I did not include masternodes because we simply have not had opportunity to observe price action without mining undercutting. If you can obtain a million coins or so at terminal levels, than its a pretty solid prospect with expected x100 over 8 years.

jr. member
Activity: 170
Merit: 2
Fundamental Price analysis: DSR

Current Mining Hashrate: 220mh/s

Achievable with 150x RTX 2070's at unit cost of $600 (total investment cost $90 000)
1.4kh/s per card at 200w TDP

Generating 160 000 coins per month/2 million annually

Profit: $125 month/$1500 per year

Time to recoup investment based on a price of $0.00075 (0.0000002 BTC)/total market cap 22 million outstanding coins $16500: 60 years

This reflects a price devaluation of 88%

Coinexchange listing fee is $7500/2btc at current price of $3750 per bitcoin. Mercatox is valued at minimum an equal level or higher.

Price of developing this type of coin: 0.5 btc/roughly $2000 and the same for white paper.

A terminal baseline price of $16500 or $0.00075 calculated on 22 million coins, excluding immaterial value of CMC indexing and indexing with masternode websites and other third party websites. This market cap requires use of free electricity to operate x150 RTX 2070 cards at a TDP value of 30 000 watts.

It also requires that the cards were obtained free of charge (or stolen) and that the monthly profit is of such insignificance ($125) that it is only managable in a third world country or China or as a hobby which is unlikely given scale of operation. It is possible that present hashrate is generated through use of free electricty on Chinese mainland. It is unknown at what cost the GPUs were obtained.

That concludes analysis of case #1


The cheapest EU rates for Geothermal electricity is $0.035/KWH.

If present 220mh/s hashrate is generated within EU territory, there is a monthly loss of more than -$600 based on terminal $0.00075

Monthly profit with geothermal rate ($500) requires a price of 0.000002 btc or ~$0.0075 which is near the current market cap.

ROI on GPU investment is 15 years based on $0.0075 market cap/150 cards at $600 each with $6000 profit per year.

For case #2 where hashrate is generated through geothermal electricity in a western country, subsistence profit per month is calculated at $0.0075 ($500 per month profit). This yields a ROI of 15 years on a $90 000 GPU investment which is realistic.

For masternodes operating at an average monthly server cost of $4.5 price must increase by a factor of ten to break even.

Mining rewards were 19 DSR per block 10 months ago (february of 2018) and are now ~14 DSR per block.

It is unlikely that price will consistently return above $0.019 under these circumstances (or $400k total market cap calculated on max supply 22m coins). The reason being that whoever is providing this mining hashrate is already content at selling below $2400 monthly profit which is equivalent to $0.019 per coin and a regular western salary. At $0.019, the GPU roi is 3 years which is fair.

In conclusion it is equally unlikely that DSR will consistently drop below $0.00075 based on these metrics, and that everything between $0.00075 and $0.004 is a good target buy (between $125 and $600 for the person who is mining using free electricity, whereas current price around $0.005-0.0075 yields $800-1200 in monthly profit, or net +$500 at $0.0075 with geothermal expenses included).

Desire is expected to remain range bound between $0.00075 & $0.019 for a duration of 8 years based on current mining output of 2 million coins per year with 7 million already generated out of a 22 million total supply. This excludes annual block reward deflation of 30%.

With 3 year reward deflation included:

2019: 9.8/112 000 per month on 220 mh/s
2020: 6.86/78k
2021: 4.8/55k

Deflation rate of 30% will not have a significant effect on future price development, perhaps terminal baseline will increase from $0.00075 to $0.0012 or so.

Single user mining with RTX 2070 at 1450kh/s 200tdp $0.035 geothermal, break even price is $0.005 per coin. For investment purpose a 36 month roi on a $600 card requires $0.022 per coin.

tldr: $0.005 +-50% is probably terminal bottom with free GPUS and free electricity with a monthly output of 160 000 coins.

There is 1 miner who controls price by deciding where to maintain it since he is profiting down to $0.00075 per coin. He began mining in february of 2018 and probably recouperated a $90 000 GPU investment in less than 30 days of activity when price was between a dollar and 50 cents. All masternode competition is suppressed at these levels and x10 price inflation is required for them to generate break even.

So... Any chance to hit the moon again?
member
Activity: 744
Merit: 29
www.MarquiseMuseum.com
Fundamental Price analysis: DSR

Current Mining Hashrate: 220mh/s

Achievable with 150x RTX 2070's at unit cost of $600 (total investment cost $90 000)
1.4kh/s per card at 200w TDP

Generating 160 000 coins per month/2 million annually

Profit: $125 month/$1500 per year

Time to recoup investment based on a price of $0.00075 (0.0000002 BTC)/total market cap 22 million outstanding coins $16500: 60 years

This reflects a price devaluation of 88%

Coinexchange listing fee is $7500/2btc at current price of $3750 per bitcoin. Mercatox is valued at minimum an equal level or higher.

Price of developing this type of coin: 0.5 btc/roughly $2000 and the same for white paper.

A terminal baseline price of $16500 or $0.00075 calculated on 22 million coins, excluding immaterial value of CMC indexing and indexing with masternode websites and other third party websites. This market cap requires use of free electricity to operate x150 RTX 2070 cards at a TDP value of 30 000 watts.

It also requires that the cards were obtained free of charge (or stolen) and that the monthly profit is of such insignificance ($125) that it is only managable in a third world country or China or as a hobby which is unlikely given scale of operation. It is possible that present hashrate is generated through use of free electricty on Chinese mainland. It is unknown at what cost the GPUs were obtained.

That concludes analysis of case #1


The cheapest EU rates for Geothermal electricity is $0.035/KWH.

If present 220mh/s hashrate is generated within EU territory, there is a monthly loss of more than -$600 based on terminal $0.00075

Monthly profit with geothermal rate ($500) requires a price of 0.000002 btc or ~$0.0075 which is near the current market cap.

ROI on GPU investment is 15 years based on $0.0075 market cap/150 cards at $600 each with $6000 profit per year.

For case #2 where hashrate is generated through geothermal electricity in a western country, subsistence profit per month is calculated at $0.0075 ($500 per month profit). This yields a ROI of 15 years on a $90 000 GPU investment which is realistic.

For masternodes operating at an average monthly server cost of $4.5 price must increase by a factor of ten to break even.

Mining rewards were 19 DSR per block 10 months ago (february of 2018) and are now ~14 DSR per block.

It is unlikely that price will consistently return above $0.019 under these circumstances (or $400k total market cap calculated on max supply 22m coins). The reason being that whoever is providing this mining hashrate is already content at selling below $2400 monthly profit which is equivalent to $0.019 per coin and a regular western salary. At $0.019, the GPU roi is 3 years which is fair.

In conclusion it is equally unlikely that DSR will consistently drop below $0.00075 based on these metrics, and that everything between $0.00075 and $0.004 is a good target buy (between $125 and $600 for the person who is mining using free electricity, whereas current price around $0.005-0.0075 yields $800-1200 in monthly profit, or net +$500 at $0.0075 with geothermal expenses included).

Desire is expected to remain range bound between $0.00075 & $0.019 for a duration of 8 years based on current mining output of 2 million coins per year with 7 million already generated out of a 22 million total supply. This excludes annual block reward deflation of 30%.

With 3 year reward deflation included:

2019: 9.8/112 000 per month on 220 mh/s
2020: 6.86/78k
2021: 4.8/55k

Deflation rate of 30% will not have a significant effect on future price development, perhaps terminal baseline will increase from $0.00075 to $0.0012 or so.

Single user mining with RTX 2070 at 1450kh/s 200tdp $0.035 geothermal, break even price is $0.005 per coin. For investment purpose a 36 month roi on a $600 card requires $0.022 per coin.

tldr: $0.005 +-50% is probably terminal bottom with free GPUS and free electricity with a monthly output of 160 000 coins.

There is 1 miner who controls price by deciding where to maintain it since he is profiting down to $0.00075 per coin. He began mining in february of 2018 and probably recouperated a $90 000 GPU investment in less than 30 days of activity when price was between a dollar and 50 cents. All masternode competition is suppressed at these levels and x10 price inflation is required for them to generate break even.
member
Activity: 744
Merit: 29
www.MarquiseMuseum.com
buying 250k at $0.004 so price is below that on 2 markets.

If you want more btc for your DSR then pm me, you send first.

offer is valid for 2 weeks.

update: 200 000 more needed.
legendary
Activity: 2744
Merit: 1387
Ukrainians will resist
jr. member
Activity: 170
Merit: 2
newbie
Activity: 15
Merit: 0
No plans for 2019 on web-site. Coin is dead
full member
Activity: 487
Merit: 100
key lessone.
Additionally, I remembered exactly that DESIRE was launched during the most FOMO period of crypto market when Bitcoin moved nearly to $20k.
therefore, it's not strange to see DESIRE dropped hardly from its all time high months ago.
from 160000 to 160 sat - typical way of MN coin  Grin
member
Activity: 744
Merit: 29
www.MarquiseMuseum.com
DSR is welcome to be included in this prepaid debitcard partnership program:

jr. member
Activity: 170
Merit: 2
is project still a live , no update since weeks , and discord channel almost dead !!
Hey Desire make project alive back or should we sell our investment ?

You're late for about 6 months.
Sell everything quick, this will never come back.
newbie
Activity: 22
Merit: 0
is project still a live , no update since weeks , and discord channel almost dead !!
Hey Desire make project alive back or should we sell our investment ?
copper member
Activity: 42
Merit: 0

https://bigmine.org
Low fee and high reliability, fee 0.5%
Possibility mine in SOLO mode, fee just 1%
Automatic payouts every 120 minutes
No registration required


How to mine
Use the following parameters at your preferred mining software (replace WALLET with your wallet address and RIGNAME with your name for rig):
Code:
-a neoscrypt -o stratum+tcp://bigmine.org:2667 -u WALLET.RIGNAME -p x

How to mine in SOLO mode
Adding m=solo in password field ("-p m=solo"), so it would look like this:
Code:
-a neoscrypt -o stratum+tcp://bigmine.org:2667 -u WALLET.RIGNAME -p m=solo


Masternode payments enabled

member
Activity: 744
Merit: 29
www.MarquiseMuseum.com
buying 250k at 100 sats/$0.004. pm

offer is valid until 1/12
jr. member
Activity: 55
Merit: 1
from 160000 to 160 sat - typical way of MN coin  Grin
newbie
Activity: 55
Merit: 0
It's over :/
lost money.
jr. member
Activity: 98
Merit: 1

I'm glad to invite you to the pool:

Welcome!

The Desire(DSR) is added to pool.
More information about DSR:

Code:
-o stratum+tcp://zenpool.eu:3207 -u WALLET_ADDRESS -p WORKER

We're doing all the best to make ZENPOOL your favorite pool and home for your RIGs and ASICs!
Here are some facts about our pool:
  • No registration is required.
  • Transparent and fair fees!
  • Low ping and zen service for: EU, ASIA(very soon), RU(soon), US(soon).
  • Careful selection of coins.
  • The necessary information and useful links on individual pages of coins.
  • We do payouts in the currency you mine.
  • Payouts are made automatically every 2 hours for all balances above 0.001.
  • Every Sunday we pay out balances above 0.0001.
  • For some coins, there is an initial delay before the first payout, please wait at least 6 hours before asking for support.
  • Blocks are distributed proportionally among valid submitted shares.
  • If you have any questions - feel free to ask at our chats.

hero member
Activity: 1974
Merit: 856
how can you run 5 different coins on one vps ?? how much GB RAM does one masternode require? for $ 5 only 1GB of memory!! and for one masternode recommend 1gb

i have 8 masternodes and 8 *5$ differents VPS !!! = 40$ every month

I am running 3 different coins on a machine with 1GB of RAM, didn't have any problems so far...

Just give it a try and run 2 coins on a node. It could save you quite some VPS cost!
nx5
newbie
Activity: 134
Merit: 0
hi everybody,
 are your wallets work? what wrong with me, "not found genesis block" ?
\ AppData \ Roaming \ DesireCore, clear this folder, and restart  the wallet itself.

How can a DSR masternode be profitable with a current monthly return of $1.74? Hosting a vps node costs at least $4 to $5 a month.

Also, to leverage cost with income you can run multiple masternodes of different coins on one VPS.
That would sum-up income and pay for VPS and gives you profit.
Currently I have one VPS which runs masternodes for 5 different coins.
Desire is one of them and contributes towards overall monthly cost Smiley
how can you run 5 different coins on one vps ?? how much GB RAM does one masternode require? for $ 5 only 1GB of memory!! and for one masternode recommend 1gb

i have 8 masternodes and 8 *5$ differents VPS !!! = 40$ every month
member
Activity: 744
Merit: 29
www.MarquiseMuseum.com
Yes the real price right now must only be derived from Coinexchange volume which is sub $0.009 per coin.

The chain is also slow to process more than 10 simultaneous transactions as it takes 1 hour to confirm, what happens when there is more load?

The reason could be that only 11% of coins are locked in masternodes

We are awaiting the multi tariff masternodes but remember, if the VPN is $5 per month and users are generating x10 DSR with 10k nodes instead of 1000, then expect precipitous price decline.

It is also true that max supply is too low to push price much further down, but don't be surprised at 0.002 or lower, and depending if the chain can handle high load during bull market, the price might stay low.

The situation will then become similar to ethereum which peaked at 1.2 million daily transactions and is now being abandoned due to technical limitation.

There should be a stress test of DSR chain to conclude capability.
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