Miner compatriots who have mined Vsyc for a period of time, this is a good project. The current price must be undervalued. Take it and wait for it to fly. Do not mess it up.
True. Now miners receive 45% block rewards same as MN owners.
So the inflation is decreased. Thats why the price is going up.
Miners can only mine the next 100K blocks which ends in 2 month from now.
The coin will be than pure POS.
Miners have the last chance to accumulate and run MN.
In my opinion Vsync masternode is going to be the next most expensive MN in future after DASH masternode.
I congratulate those who already own a cheap VSX masternode. You couldn't afford to buy it in a few month.
Over 80% of the VSX coins will be locked away by masternodes soon. This will push the price up.
Good luck.
Why do you believe it is Vsync masternode that has such bright future? There are many other MN coins out there, but something makes Vsync special. What is it?
Well, there are many reasons and I mention 2 most important factors.
If you invest on an affordable masternode which requires 1000 or 5000 coins to run, when the price hits 1 usd, you investment grows to 1000 USD to 5000 USD. this cant make you rich. Of course a coin like DASH can. Another downside is that many people can run masternodes multiple mn with 1000 coins. Number of mn increase resulting in reward decrease. Look at Sibcoin, it has over 8000 MNs. The price of the coin is over 3 usd which is good but reward can not grow over 35 usd per month due to too many numbers of Mns.
But in case of Vsync, the number of Mns cant exceed 600 MNs cause Vsync requires 250,000 VSX to run a MN. There are no enough coin to buy a new mn after 600 MN. (600 x 250000 = 150 mln) In order to run 600 Vsync Mns we need 150 Mln coins which is more than Vsync circulating suply. Vsync block reward will be like PIVX, 3 VSX in future and this creates low inflation. The price will raise. When the price hits 3 usd you mn is worth 750K usd. This makes you rich. This makes Vsync special for me.
Good luck
And that's if you are only considering technicals, if you add strong fundamentals for the project, with good development and utility for the coin any price is considerable. Look at stratis. Also a 250,000 MN and is currently worth 2,805,000 USD. MN that require larger collateral will have a bigger share of the market cap at the end. So VSX is definitely special
and I hope the team gives an awesome utility for the coin, unlike most pos/mn coins that you hold coins for nothing at all. Once you are holding and also generating coins that people have demand to use, the role of a mn is crucial.
I have a question with the masternode. I enabled it on the 9th, but didn't work until the 15th. I don't know what was the reason for this but it worked after I restarted the wallet, because I tried to send 1,000 to an exchange and it said I didn't have sufficient coins. So I restarted it, was able to send the coins, and the MN started to show some rewards. It then stopped receiving rewards the 18th. I'm not sure what is happening or how can I make sure the masternode is indeed running, because my MN shows it's on the masternode list, but when I verify it using another wallet, I check in that list and my MN doesn't show up there.
Any help regarding this? Why did my wallet show a message saying "you don't have sufficient coins"? why are the rewards coming in anymore?