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Topic: [ANN] [PoS/MN] Gentarium (GTM) | Masternode hosting platform | Shared MN service - page 8. (Read 82414 times)

newbie
Activity: 13
Merit: 0
Gentarium is out of service, application and site are not working   Huh What has happened??
hero member
Activity: 1862
Merit: 590
Yes I think GTM have the rewards spot on as it should keep inflation low due to the low masternode and staking rewards. I also think we are close to the bottom, if not already hit the bottom but if BTC has another run up we could see the price come down a little more as people chase BTC.
Most of hybrid Proof-of-Stake and Masternode coins have very high inflation, but Gentarium is totally different. To be honest with you, vella85, at the early days after knowing that Gentarium team decided to switch from PoW/ MN to PoS/ MN, I worried too much. However, after days of rethinking the situation, that change, I got the core approach of Gentarium team, and by now I felt them actually made a good decision for the project. Proof of Stake allows small investors to get passive income from Gentarium, but stakers don't make things worse with controllable low inflation rate.

Yes I think that switching to PoS was for the best of the Gentarium project and even though we have seen the price continue to come down, in the long term that will all change as the low emissions from MN and PoS rewards are low compared to most other similar coins. This is why I'm not selling a single coin which I haven't since buying GTM many months ago now. Also we have a lot to look forward to as the dev team are working behind the scenes to make Gentarium even better then it is now.
full member
Activity: 406
Merit: 112
Yes I think GTM have the rewards spot on as it should keep inflation low due to the low masternode and staking rewards. I also think we are close to the bottom, if not already hit the bottom but if BTC has another run up we could see the price come down a little more as people chase BTC.
Most of hybrid Proof-of-Stake and Masternode coins have very high inflation, but Gentarium is totally different. To be honest with you, vella85, at the early days after knowing that Gentarium team decided to switch from PoW/ MN to PoS/ MN, I worried too much. However, after days of rethinking the situation, that change, I got the core approach of Gentarium team, and by now I felt them actually made a good decision for the project. Proof of Stake allows small investors to get passive income from Gentarium, but stakers don't make things worse with controllable low inflation rate.
hero member
Activity: 1862
Merit: 590
This is why I am holding and continue to hold for the long term, I said a few months ago that Gentarium has the potential to be the top Masternode platform and now it is however the price doesn't reflect that due to BTC pumping which has been hurting almost all Alts except for the ones in the top 50 which seem to follow BTC when it starts to rise. GTM will be a great hold for the long term and like I said I'm not worried about what the price is currently doing as in the long term we should see a lot of growth.
With cheap VPS fees, and current low price of Gentarium, I don't see reasons to hesitate running Gentarium masternodes and get rewards, then hold them all as long term investment. Basically, masternode coins (with PoS too) have high inflation rates, that obviously have impacts on price over time. However, everything have thresholds, and I felt like Gentarium has nearly reached its bottom, from which masternode owners or stakers will stop panicly selling their coins (original ones and coins they received from staking or masternode running). Some months later, a true Spring of crypto, with exponential growths for all good coins will come, it is just time till that expected day.

Yes I think GTM have the rewards spot on as it should keep inflation low due to the low masternode and staking rewards. I also think we are close to the bottom, if not already hit the bottom but if BTC has another run up we could see the price come down a little more as people chase BTC.
hero member
Activity: 1862
Merit: 590
That is true my friend however I don't really like to compare the two. I'm a big fan of Gentarium and have been since the start as I never really looked into Gin as at the time GTM had the coins on their platform that I own and Gin didn't. I still think Gin will do well in the long term but I do think that GTM is the number #1 masternode platform now and most likely hold that spot for years to come unless something drastically happens.
Gentarium launched much later than Gincoin, but it has grown more steadily, then stably to take over the first position of Gincoin. Latest weeks, due to dumps of Gincoin, Gentarium even has higher price than Gincoin on market. It does not make sense if it is just temporary price-take-over, but it is amazing for position of Gentarium if the gaps between prices of Gentarium and Gincoin last longer. Without this latest price flippening, Gentarium actually took over Gincoin last few months (total active masternodes hosted, total PoS/MN coins listed, total income for the GTM MN hosting service).

This is why I am holding and continue to hold for the long term, I said a few months ago that Gentarium has the potential to be the top Masternode platform and now it is however the price doesn't reflect that due to BTC pumping which has been hurting almost all Alts except for the ones in the top 50 which seem to follow BTC when it starts to rise. GTM will be a great hold for the long term and like I said I'm not worried about what the price is currently doing as in the long term we should see a lot of growth.
hero member
Activity: 1862
Merit: 590
Which coins haven't had dumps in the past few weeks? Almost all have except for the top coins, well some of them have lost value as well. GTM should be fine once people stop fomoing into BTC, gin also has taken a hit so its not just GTM. In the long term we should see GTM do well as there is a lot more to come in the future.
Exactly, but it seems that you forgot to mention or did not notice that Gentarium even performed much better than Gincoin during those days. Let's check market prices of Gincoin and Gentarium, we will easily to see that Gentarium has currently traded at higher price than Gincoin. Does it make any sense for Gentarium investors and lovers? It partially is one of good proofs that Gentarium ecoystem has become the biggest one in Proof-of-Stake/Masternode Service Provider, by surpassing Gincoin, that launched months earlier than Gentarium.

That is true my friend however I don't really like to compare the two. I'm a big fan of Gentarium and have been since the start as I never really looked into Gin as at the time GTM had the coins on their platform that I own and Gin didn't. I still think Gin will do well in the long term but I do think that GTM is the number #1 masternode platform now and most likely hold that spot for years to come unless something drastically happens.
legendary
Activity: 2506
Merit: 1113
There's no need to be upset
Which coins haven't had dumps in the past few weeks? Almost all have except for the top coins, well some of them have lost value as well. GTM should be fine once people stop fomoing into BTC, gin also has taken a hit so its not just GTM. In the long term we should see GTM do well as there is a lot more to come in the future.
Exactly, but it seems that you forgot to mention or did not notice that Gentarium even performed much better than Gincoin during those days. Let's check market prices of Gincoin and Gentarium, we will easily to see that Gentarium has currently traded at higher price than Gincoin. Does it make any sense for Gentarium investors and lovers? It partially is one of good proofs that Gentarium ecoystem has become the biggest one in Proof-of-Stake/Masternode Service Provider, by surpassing Gincoin, that launched months earlier than Gentarium.

indeed, GIN is slowly sinking.
the team must o something to change the situation otherwise the project will be in bad oceans...
full member
Activity: 406
Merit: 112
Which coins haven't had dumps in the past few weeks? Almost all have except for the top coins, well some of them have lost value as well. GTM should be fine once people stop fomoing into BTC, gin also has taken a hit so its not just GTM. In the long term we should see GTM do well as there is a lot more to come in the future.
This is exactly what happened in general recent weeks. Bitcoin continuously has kept climbing, so altcoins have all gradually dumped in BTC pairs, not only Gentarium. Such patterns lasted for weeks, so I believe that this will end soon, and someday (soon) bitcoin and altcoins will move in same directions (upwards/ downwards, it depends on specific period). I wish that they will both moving upwards together first before moving the same in downwards.
hero member
Activity: 1862
Merit: 590
It's amazing to see how fast Gentarium is growing. It has already achieved a lot very fast. Gentarium masternode platform is currently hosting over 10,240 masternodes with a net value of $8.4M. It has one of the largest collections of coins that people can start a masternode with. Gentarium also has shared masternode service, where people can get share of a masternode without having the full collateral for it.

sad that this didn't reflect on the market, just checked we suffered a huge dump the latest weeks.

Which coins haven't had dumps in the past few weeks? Almost all have except for the top coins, well some of them have lost value as well. GTM should be fine once people stop fomoing into BTC, gin also has taken a hit so its not just GTM. In the long term we should see GTM do well as there is a lot more to come in the future.
newbie
Activity: 63
Merit: 0
This is a good project for the future.

I bought a couple of nodes. As long as they are cheap, then only growth.
legendary
Activity: 2506
Merit: 1113
There's no need to be upset
It's amazing to see how fast Gentarium is growing. It has already achieved a lot very fast. Gentarium masternode platform is currently hosting over 10,240 masternodes with a net value of $8.4M. It has one of the largest collections of coins that people can start a masternode with. Gentarium also has shared masternode service, where people can get share of a masternode without having the full collateral for it.

sad that this didn't reflect on the market, just checked we suffered a huge dump the latest weeks.
full member
Activity: 281
Merit: 108
Crypto Enthusiast, Crypto Critic
It's amazing to see how fast Gentarium is growing. It has already achieved a lot very fast. Gentarium masternode platform is currently hosting over 10,240 masternodes with a net value of $8.4M. It has one of the largest collections of coins that people can start a masternode with. Gentarium also has shared masternode service, where people can get share of a masternode without having the full collateral for it.
hero member
Activity: 1862
Merit: 590
I never worry about price when it comes to solid projects like Gentarium as the price seems to always work it self out over the long term. The team have been doing everything right so far with new MN projects being added weekly and more people start using the platform. The problem with the price for all Alts right now is everyone is watching BTC, I think once ETH hits $300 then we could see the shift to Alts and GTM.
Investors mostly have watched bitcoin last three weeks, that is why most of altcoins have all still stucked at their bottom price (Alts/ BTC pairs). Investors don't want to take risks and invest in altcoins because they have a fear that bitcoin will suddenly be dumped hard, and massacre will occur for altcoins. Nevertheless, I don't think such too bad scenario will occur, and altcoins have consolidated too much, then they will reach the points of explosions.

I agree mate and this time around only the strong projects will survive I think. A lot of Alts will die out in the months to come but I think we should be safe with GTM as its a solid project with strong community support. The top two MN platform projects GTM and Gin should do just fine in the future but not sure about the rest, I can see at least 5 MN platforms surviving long term.
hero member
Activity: 1862
Merit: 590
I never worry about price when it comes to solid projects like Gentarium as the price seems to always work it self out over the long term. The team have been doing everything right so far with new MN projects being added weekly and more people start using the platform. The problem with the price for all Alts right now is everyone is watching BTC, I think once ETH hits $300 then we could see the shift to Alts and GTM.
full member
Activity: 406
Merit: 112
After deeply dived from 10000 satoshis, I believe Gentarium is one of best Proof-of-Stake/ Masternode coins to invest. Another plus point to consider investment in Gentarium is this project has very strong platforms for masternode hosting service. When the platform become bigger, and the Gentarium network upgraded later, with new strategies for future further developments, I believe that Gentarium will no longer stay in its current very very low price. It is just a temporary accumulation before the ride. Be strong, be patient, and be determinant hold GTMs.
full member
Activity: 281
Merit: 108
Crypto Enthusiast, Crypto Critic
Gentarium is relatively new project but already achieved much in terms of services. Gentarium platform is currently hosting over 10k masternodes that is worth over $8M. New coins are getting added on a regular basis.

I think current GTM masternode ROI is very healthy and its just in the range of other top and successful masternode coin projects. With the developers active, this coin should have a bright future in mid to long term.

Strong HODL!
hero member
Activity: 1862
Merit: 590
@prototip0007

Thank you for the in depth information on the GTM masternodes and also your analysis on the price and what it might do in the mid to long term. This is why I'm holding GTM for the long term as soon the circulating supply will dry up and it should give the coin more value.
newbie
Activity: 95
Merit: 0
As long as there is no payment in the GTM coin for general nodes, the increase in the cost of the GTM coin should not be expected. Or it will be a random pamp and the price will quickly fall. Now the total number of placed MN on the platform is approximately 11 000. Of these, total MN are approximately 4 500, for which the payment in the GTM coin is not paid. Payment in a GTM coin is only for 6 500  MN placed on the platform. 6500x0.5 = 3250. Approximately 400-450 coins per day is a deficit, when paying 0.5 GTM for an MN placed on the platform. At this pace, waiting for the coin to grow in value will have 4-5 years and then, provided that the coins do not fall on the exchange, from the platform. Will the owners of the masternodes GTM wait for so many years if the proceeds from MN amount to 7 bucks? Of these 7 bucks, 4 have to pay for the MN to work.
newbie
Activity: 95
Merit: 0
For mastersnodes GTM owners it is now very profitable to reduce the cost of the coin to the level of profitability. This is about $ 5 per month. Then the price of the coin will be about $ 0.185. What will it give. This will give an increase in the cost of payment for masternod in GTM, without varying the cost in dollars. This will give an increased shortage of coins, due to the fact that it will be necessary to pay more GTM coins for masternodes on hosting. What will give an accelerated shortage of coins GTM. When paying 0.8 GTM per masternode, with 11 000 hosted on MN hosting it is 8800 coins per day. The shortage of coins will be about 6 000 per day. In a month it is 180,000 coins. Within 2-3 months, the supply of coins on the market will decrease and then the increase in the value of the coin will begin. As the number of placed MN on the platform increases, the number of GTM free coins will decrease faster. Faster coin value growth will begin. I am for the price of the GTM coin to drop. I will not sell my coins for sure !!!!!
newbie
Activity: 95
Merit: 0
To create an even greater deficit of GTM coins, the coin must also be weakened in value. Pretty soon, the price of the coin will be dictated by the owners of the GTM platform, possessing almost the entire mass of free coins. The more masternodes are placed on the platform, the more the platform will receive its coins as payment for the MN. Now the team acts as a central bank, causing a strong inflation, by reducing the value of the coin and reducing the printing of new coins by 66 percent. Very soon it will give a positive result for the value of the coin. At the moment, 3 322 054 coins are in circulation. Of these, 2 702,000 blocked masternodes. Remains in the turnover of 620 054 coins. With a daily shortage of coins in the market in the amount of 3 000 coins, this is 90 000 coins per month. In about 3-5 months, all free coins will be owned by the GTM platform. And then it will be possible to gradually reduce the cost of payment for masternodes on the platform to a level so that the demand for GTM coins exceeds supply. And then the coin will start to grow in price depending on the number of mastode placed on the platform.
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