Topic: [ANN] [PoS/MN] Gentarium (GTM) | Masternode hosting platform | Shared MN service - page 4. (Read 82413 times)

There is one account on Bitshares who selling coins every single day http://bts.ai/u/online2000
Average daily deposit is around 2-4K GTM, cosidering that platform tax on GTM hosting is 90% with no need PhD to understand that devs dump coins, expect exit scam soon imho, their shit isn't working.

Theives, DO NOT TRUST

Well time will tell if this happens, for me I am just staking GTM for now until the price starts to go back up. The whole market in general is down which hits every coin so it could take some time for the price to start going up here. I don't mind as I'm a long term holder and that I do believe in this project and the dev team.

Assume that a shortage of GTM coins has been created. Every day 3000 new coins come out and it is necessary that these coins are fully redeemed and not enough to pay for the masternodes solo.
Now the hosting has 3000 masternode solos, but the coin price is very low, $ 0.06
Now for 1 solo, the masternode is paid $ 0.15 per day.
These are 2.2 GTM coins. Take an average of 2 GTM coins paid for 1 solo masternode per day.
It turns out that the shortage of coins is 3000 coins per day, which you need to buy in order to pay for hosting.
If the coins locked by masternodes will not be sold and the team will not throw their coins on the exchanges, then the price of the GTM coin will increase by 1 - 2 cents per week.
While the number of new coins does not equal the number of required coins to pay for masternode solo on the hosting.
After that, the price of the GTM coin will grow only when the number of masternode solos on the hosting increases.
Or the coin will be involved somewhere else. Plus, when will they buy GTM coins for the masternode. The community needs to help the team in hosting advertising. So that more people learn about hosting and run masternodes on it.
When the price of the GTM coin becomes $ 0.15, there will be a small profit from the solo masternode of the GTM coin
The more masternodes solo will be on the hosting, the more expensive the coin will be. Then the team will adjust the price of the coin by selling their GTM coins or by stopping the sale of their coins.

It is very wrong that you cannot invest more than 1 incomplete masternode so as not to pay the full price. What difference does it make if 6 people put 500 coins in a common masternode or one person puts 3,000 coins?

Why not make a GTM coin bank? For those who placed GTM coins on the hosting and did not pick them up during the year, an additional bonus after the expiration of the year. Also for those who kept the masternode of the GTM coin on the coin hosting for one year. And so every year! And not once a month, as it was done.
The bank is replenished monthly, indicating the addresses to which the coins will be transferred, if the terms of the agreement are met. Rewards in accordance with the number of coins placed on a hosting or masternode solo. If the conditions are not met, then the reward is not paid.
Suppose that 10 percent per annum of the masternode's annual income. Approximately 40 coins per masternode solo per year. If the conditions are met. Count the annual income at the time of the launch of the masternode solo. Indeed, with the increase in the number of masternodes, income for the year will decrease. And consider the common nodes from the moment the common node is launched.
When a whole thousand coins are collected in the bank, then launch the masternode so that it replenishes the bank for payments. Such bank masternodes should be marked as a masternode of the bank of project participants. And the coins from them go to the bank to finance future payments.
Every month, release what address the reward will be credited to and how many coins over the past month.
Payment of rewards after 366-367 days.

The masternode trend has changed for sure as there were too many scam masternode projects and over hyped projects that hurt a lot of people with pump and dumps. The main thing with GTM is that its still here and hasn't given in just yet so hopefully the team have some big news soon on where they are heading in the future.

I personally don’t believe that they have a plan that will change the coins value much or at all. I think they’re hoping for an altcoin market recovery like many others are hoping or waiting for right now.

So many people are running nodes for useless and worthless coins. That’s keeping these platforms alive. The dream that some shitcoin will make them rich. So many people are chasing the next big thing in crypto and most will have wasted more money than they earned.

The trend is likely changed, and cold-staking might be another trend. I don't know that Gentarium team actually have plans to adapt to that trend change in masternode/PoS coin and hosting service industry or not. Let's see. I agree with you that the team's silence is not good, generally, and should be broken as soon as possible. Investors have their feelings, and their own ability to control their patience and their emotions. When they lose patience, and uncontrollable emotions, they might dump all their Gentarium coins, even price already fell to low range.

That is true my friend however that is why we never put our eggs in one basket, that way it spreads the risk around. I was able to buy GTM with profits from another coin so for me its okay to hold and that I believe in the team. Yes Silence from the team isn't helping the situation but hopefully they are working on one of their use cases for GTM and that it will be released soon.

Only smart teams whose coins are used and in demand in the services market will survive. And constantly searching for new ideas for promoting services and their coins.
Good luck and patience team GTM coins!!!

This is often the trap people get stuck in with their masternode coins. They hold everything for too long and it’s not worth selling.

The team claims to have a new use case in the works, but the silence from them is not helpful.

Like I have said previous in this thread, I'm willing to hold and continue to keep my GTM masternodes running as the team do have plans for the future. I just hope they don't leave them too long as the Altcoin market is still struggling right now and the coins with something unique and have a use case will be the ones to survive.

To make the GTM coin masternode profitable, the price of 1 coin should be $ 0.125
If in a month masternode brings 32 coins. The more masternodes a coin has, the fewer the number of coins a masternode brings, the more expensive the price of the coin should be, so that it is advantageous to keep the masternode with a GTM coin.

What is the difference masternode coin or any other? Bitcoin is also mined, as is Ether. If a coin is used somewhere, then it will be in demand and will grow in value.
The GTM coin is ready to grow in price. Coin shortage created. Now a gradual increase will begin with price pullbacks.
In the near future we will see how the price of a coin becomes equal to 0, 09 - 0.1 $
The price will be regulated by the coin team. A very strong price increase is not profitable. The price increase should be accompanied by an increase in the number of masternodes on the coin hosting. The more complete masternodes for which payment is made in the GTM coin, the more expensive the cost of the coin.
And faster to make an expensive coin is not profitable. Then the cost of payment in the GTM coin will decrease and the purchase of coins will decrease, with the number of masternodes that are now hosted.
I think that they will make a small profitability for the GTM coins for the masternode so that it is beneficial to keep the GTM masternode. And the price will depend on the number of all full masternodes hosted on the hosting.
When the price of the GTM coin reaches $ 0.1, then the price increase will stop. Further growth will directly depend on the growth in the number of all masternodes that are located on the coin hosting and for which payment is made in the GTM coin.

I wrote previously that masternode hosting industry seems to go to collapse, not only GINcoin (that did scam exit) or Gentarium, or any other masternode hosting platforms. Shared masternodes is the most terrible ideas I think. I don't support ideas to join and let your money in shared masternodes (on Gincoin, Gentarium, ihostmn.com, or whatever sites). That is risky.

Sorry, but saying there are no real competitors to GTM means you either haven’t looked around at other services or you’re blinded by your loyalty to GTM.

Have you looked at ihostmn.com service? They have now passed GTM when it come to the number of nodes hosted. They also have a shared MN service. 

If things won't be improved considerably within next three months, I think we might witness a true degradation of masternode ecosystem, and masternode hosting platforms will be dramatically affected. After the shutdown of GINcoin masternode hosting platform, Gentarium is surely the biggest one in the branch of crypto industry. For now, I have not yet see any real competitors with Gentarium, so if the platform won't see considerable recovery and growth expansion in months to come, it will become so hard to say about the future of Gentarium platform in particular, and of masternode hosting industry in general.

They only allow GTM fanboys on Discord. You’re required to post that everything is great and the platform is the greatest in the world. Either you do that or you’re banned.

I agree with you completely. I wrote them in discord that they kill by their actions the coin is that recent changes should be canceled. They just blocked me giving a lifetime ban.