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Topic: ☑☑☑[ANN][BSD] BitSend - online since 2014 [ Core 0.17++] - page 282. (Read 384637 times)

copper member
Activity: 2324
Merit: 1348

a lot of voices are voting for 25k now. Dear Community,

what do you think? is 25k a nice consense?

Steve

25K seems fine to me.

--

Outstanding       
11,157,250 BSD 

50% MN
5 578 625 

BLOCK TIME: 6 MINUTES
BLOCK REWARD: 50 BITSEND

-> blocks per month: 30.42 (days) * 24(hours)*10(blocks per hour) = 7300 blocks per month

60% Pos -> 30BSD
80% Pos -> 40BSD

Current BSD/BTC -> 1 BSD = 0.00000445 BTC
Current BTC/US -> 1 BTC = 708 USD

MN colateral, MC count,  Pos Blocks per month per MN, BSD for 60% POS (block 200980) , BSD per MN per month 80% Pos (Block 235540), (colateral percent),
 5K             1116        6.541    196 BSD (3.92%)  -> 0.0008722 BTC  -> 0.62 USD per month per MN
10K              558       13.082    392 BSD (3.92%)  -> 0.0017444 BTC  -> 1.24 USD per month per MN
15K              372       19.623    589 BSD (3.92%)  -> 0.00262105 BTC -> 1.86 USD per month per MN
20k              279       26.165    785 BSD (3.92%)  -> 0.00349325 BTC -> 2.47 USD per month per MN
25k              223       32.735    982 BSD (3.92%)  -> 0.0043699 BTC  -> 3.09 USD per month per MN
50k              112       65.179   1955 BSD (3.92%)  -> 0.00869975 BTC -> 6.16 USD per month per MN

MN colateral, MC count,  Pos Blocks per month per MN, BSD per MN per month 80% Pos (Block 235540), colateral percent
 5K             1116        6.541    262 BSD (5.24%) -> 0.0011659 BTC   -> 0.83 USD per month per MN
10K              558       13.082    523 BSD (5.24%) -> 0.00232735 BTC  -> 1.65 USD per month per MN
15K              372       19.623    785 BSD (5.24%) -> 0.00349325 BTC  -> 2.47 USD per month per MN
20k              279       26.165   1047 BSD (5.24%) -> 0.00465915 BTC  -> 3.30 USD per month per MN
25k              223       32.735   1309 BSD (5.24%) -> 0.00582505 BTC  -> 4.12 USD per month per MN
50k              112       65.179   2607 BSD (5.24%) -> 0.01160115 BTC  -> 8.21 USD per month per MN


If we restrict to 1 MN per 1 IP
and if we asume a VPS with fix IP rent cost at least 2 USD per month (or your own electricity and equipment pay off cost that at home and not that fix IP for home are also not for free)
that for everything below that value you are losing money.

Without the 1 MN per IP restriction it doesnt really matters if 5K or 50k however you will spend a big time starting multiple MN on a server.

To be an attractive coin it is recommendable to be able to run just 1 MN on 1 VPS with a profit and not a loss.
For those as heigher the MN colateral the better profit they will have

50k Example user invests in 1 MN (158 USD):
1 MN on 1 VPS -> 6.16 USD - 2 USD = 4.16 USD profit per month -> profit 2.6 % ! each month

25k Example user invests in 1 MN (79 USD):
1 MN on 1 VPS -> 3.09 USD - 2 USD = 1.09 USD profit per month -> profit 1.3 % each month

20k Example user invests in 1 MN (63 USD):
1 MN on 1 VPS -> 2.47 USD - 2 USD = 0.47 USD profit per month -> profit 0.7 % each month

15k Example user invests in 1 MN (47 USD):
1 MN on 1 VPS -> 1.86 USD - 2 USD = -0.14 USD lost per month -> loss of - 0.3 % each month

10k Example user invests in 1 MN (32 USD):
1 MN on 1 VPS -> 1.24 USD - 2 USD = -0.76 USD lost per month -> loss of - 2.3 % each month

5k Example user invests in 1 MN (16 USD):
1 MN on 1 VPS -> 0.62 USD - 2 USD = -1.38 USD lost per month -> loss of - 8.6 %  !!!! each month

And that's the reason why a low cost MN isnt good. Your cost to run it eats up everything you earn. And to my knowledge 2 USD per VPS with fix IP is at the lower end.

So that is where the 50K people are coming from and the reason why heigher is better for the situation now.
However as said keep in mind that when the BSD price rises in the future a MN cost can climb heigh and will hurt newcommers. (see old complains in dash about MN price)
But in order to be attractive enough you have to set a heigh enough MN cost or ppl stay out and you never get a BSD price increase except of course BSD has other attractions than POS like it established itself as a  currency somehow.



That is a great post!! We have current 400- 550 Masternode. You calculate with 1116 MN. But I think 25K or 50K is a good idea.
hero member
Activity: 965
Merit: 515

a lot of voices are voting for 25k now. Dear Community,

what do you think? is 25k a nice consense?

Steve

25K seems fine to me.

--

Outstanding       
11,157,250 BSD 

50% MN
5 578 625 

BLOCK TIME: 6 MINUTES
BLOCK REWARD: 50 BITSEND

-> blocks per month: 30.42 (days) * 24(hours)*10(blocks per hour) = 7300 blocks per month

60% Pos -> 30BSD
80% Pos -> 40BSD

Current BSD/BTC -> 1 BSD = 0.00000445 BTC
Current BTC/US -> 1 BTC = 708 USD

MN colateral, MC count,  Pos Blocks per month per MN, BSD for 60% POS (block 200980) , BSD per MN per month 80% Pos (Block 235540), (colateral percent),
 5K             1116        6.541    196 BSD (3.92%)  -> 0.0008722 BTC  -> 0.62 USD per month per MN
10K              558       13.082    392 BSD (3.92%)  -> 0.0017444 BTC  -> 1.24 USD per month per MN
15K              372       19.623    589 BSD (3.92%)  -> 0.00262105 BTC -> 1.86 USD per month per MN
20k              279       26.165    785 BSD (3.92%)  -> 0.00349325 BTC -> 2.47 USD per month per MN
25k              223       32.735    982 BSD (3.92%)  -> 0.0043699 BTC  -> 3.09 USD per month per MN
50k              112       65.179   1955 BSD (3.92%)  -> 0.00869975 BTC -> 6.16 USD per month per MN

MN colateral, MC count,  Pos Blocks per month per MN, BSD per MN per month 80% Pos (Block 235540), colateral percent
 5K             1116        6.541    262 BSD (5.24%) -> 0.0011659 BTC   -> 0.83 USD per month per MN
10K              558       13.082    523 BSD (5.24%) -> 0.00232735 BTC  -> 1.65 USD per month per MN
15K              372       19.623    785 BSD (5.24%) -> 0.00349325 BTC  -> 2.47 USD per month per MN
20k              279       26.165   1047 BSD (5.24%) -> 0.00465915 BTC  -> 3.30 USD per month per MN
25k              223       32.735   1309 BSD (5.24%) -> 0.00582505 BTC  -> 4.12 USD per month per MN
50k              112       65.179   2607 BSD (5.24%) -> 0.01160115 BTC  -> 8.21 USD per month per MN


If we restrict to 1 MN per 1 IP
and if we asume a VPS with fix IP rent cost at least 2 USD per month (or your own electricity and equipment pay off cost that at home and not that fix IP for home are also not for free)
that for everything below that value you are losing money.

Without the 1 MN per IP restriction it doesnt really matters if 5K or 50k however you will spend a big time starting multiple MN on a server.

To be an attractive coin it is recommendable to be able to run just 1 MN on 1 VPS with a profit and not a loss.
For those as heigher the MN colateral the better profit they will have

50k Example user invests in 1 MN (158 USD):
1 MN on 1 VPS -> 6.16 USD - 2 USD = 4.16 USD profit per month -> profit 2.6 % ! each month

25k Example user invests in 1 MN (79 USD):
1 MN on 1 VPS -> 3.09 USD - 2 USD = 1.09 USD profit per month -> profit 1.3 % each month

20k Example user invests in 1 MN (63 USD):
1 MN on 1 VPS -> 2.47 USD - 2 USD = 0.47 USD profit per month -> profit 0.7 % each month

15k Example user invests in 1 MN (47 USD):
1 MN on 1 VPS -> 1.86 USD - 2 USD = -0.14 USD lost per month -> loss of - 0.3 % each month

10k Example user invests in 1 MN (32 USD):
1 MN on 1 VPS -> 1.24 USD - 2 USD = -0.76 USD lost per month -> loss of - 2.3 % each month

5k Example user invests in 1 MN (16 USD):
1 MN on 1 VPS -> 0.62 USD - 2 USD = -1.38 USD lost per month -> loss of - 8.6 %  !!!! each month

And that's the reason why a low cost MN isnt good. Your cost to run it eats up everything you earn. And to my knowledge 2 USD per VPS with fix IP is at the lower end.

So that is where the 50K people are coming from and the reason why heigher is better for the situation now.
However as said keep in mind that when the BSD price rises in the future a MN cost can climb heigh and will hurt newcommers. (see old complains in dash about MN price)
But in order to be attractive enough you have to set a heigh enough MN cost or ppl stay out and you never get a BSD price increase except of course BSD has other attractions than POS like it established itself as a  currency somehow.

copper member
Activity: 2324
Merit: 1348
NOTE: The cryptopia delisting is cancled.
copper member
Activity: 2324
Merit: 1348
Weekly Payments 20.06.16 - Giveaways and Supporter

Today was paid for giveaways 6320 BSD and supporter 3210 BSD.That is is 11,3 % from the total generated coins of the week.
We have paid a total of  111790 BSD this year! (357,73 Dollar ).

The giveaway in this week was per member 30 BSD + 50 Bonus (36960 SAT/BTC( p. Member) and has now 83 member.
Everyone can join our giveaway! Info about the giveaway here: http://bitsend.info/forums/index.php?topic=18.0




Best Regards Christian


@Bawaler Thank you for the new pool ! Good Work...
member
Activity: 87
Merit: 10
LOUHIMO.CLUB mining pool is again open for BSD mining.

http://louhimo.club/

To start mining use your BitSend wallet address as workername and stratum+tcp://louhimo.club:8011 as stratum server.
Worker password can be anything. If want, suggested difficulty can be set in the worker password, for example d=0.008.

Happy mining!
copper member
Activity: 2324
Merit: 1348
Cryptopia decided to close the Bitsend-wallet.

Please withdraw all your bitsend there!

Steve

How do you know? I checked - there is no notification about this in balance page... There doesn't seem to be a topic in Cryptopia forum related to this..

In  general, do you know where Cryptopia is publishing the news..?? Huh They removed another coin recently, and I barely catched this in that in the last moment - absolutely no announcement was done!


Go to exchange Button and look at  the coin bitsend. You will see a red announcement.


Oh, thanks, its there..

And no reason listed. That's Cryptopia guys at their best. They delisted Ether too recently. Did someone from BSD community tell them something they didn't like? Is there any reason someones knows about?
Not that BSD needs Cryptopia (not al all, actually), I just wonder "why" they delist it?

Yes, that's very surprising...i am a old supporter from cryptopia. And is a fast delisting from 10 days. I hope all member see it. I 'll ask the cryptopia team....
legendary
Activity: 2576
Merit: 1073
Cryptopia decided to close the Bitsend-wallet.

Please withdraw all your bitsend there!

Steve

How do you know? I checked - there is no notification about this in balance page... There doesn't seem to be a topic in Cryptopia forum related to this..

In  general, do you know where Cryptopia is publishing the news..?? Huh They removed another coin recently, and I barely catched this in that in the last moment - absolutely no announcement was done!


Go to exchange Button and look at  the coin bitsend. You will see a red announcement.


Oh, thanks, its there..

And no reason listed. That's Cryptopia guys at their best. They delisted Ether too recently. Did someone from BSD community tell them something they didn't like? Is there any reason someones knows about?
Not that BSD needs Cryptopia (not al all, actually), I just wonder "why" they delist it?
legendary
Activity: 1106
Merit: 1004
No risk, no fun!
Cryptopia decided to close the Bitsend-wallet.

Please withdraw all your bitsend there!

Steve

How do you know? I checked - there is no notification about this in balance page... There doesn't seem to be a topic in Cryptopia forum related to this..

In  general, do you know where Cryptopia is publishing the news..?? Huh They removed another coin recently, and I barely catched this in that in the last moment - absolutely no announcement was done!


Go to exchange Button and look at  the coin bitsend. You will see a red announcement.
hero member
Activity: 714
Merit: 500
out of sync my wallet ,,, help me please?

Hello,

what is your probleme? I can't see a problem with the network.

Best Regards Christian

done ty
legendary
Activity: 2576
Merit: 1073
Cryptopia decided to close the Bitsend-wallet.

Please withdraw all your bitsend there!

Steve

How do you know? I checked - there is no notification about this in balance page... There doesn't seem to be a topic in Cryptopia forum related to this..

In  general, do you know where Cryptopia is publishing the news..?? Huh They removed another coin recently, and I barely catched this in that in the last moment - absolutely no announcement was done!
legendary
Activity: 1106
Merit: 1004
No risk, no fun!
Cryptopia decided to close the Bitsend-wallet.

Please withdraw all your bitsend there!

Steve
legendary
Activity: 1106
Merit: 1004
No risk, no fun!
Hey Bitsend community,

dont miss our POLL on bitsend.info.

Its important for the next developments for Chris. Actually 50k bitsend needed for a masternode.

http://bitsend.info/forums/index.php?topic=51.0

Greetz
Steve

I did not vote, as 50K is too much, and 5K could be too small.
I believe 25K should be added to the voting list, and poll re-voted.

a lot of voices are voting for 25k now. Dear Community,

what do you think? is 25k a nice consense?

Steve
legendary
Activity: 2576
Merit: 1073
Hey Bitsend community,

dont miss our POLL on bitsend.info.

Its important for the next developments for Chris. Actually 50k bitsend needed for a masternode.

http://bitsend.info/forums/index.php?topic=51.0

Greetz
Steve

I did not vote, as 50K is too much, and 5K could be too small.
I believe 25K should be added to the voting list, and poll re-voted.
copper member
Activity: 2324
Merit: 1348
More than 7 days no single masternode payment?!?!?
On both of my masternodes. I've checked, they are on the list and enabled...

That is not good. Can you me send some infos about your masternode. (Version, Address) per PM?
Best Regards Christian
sr. member
Activity: 312
Merit: 250
More than 7 days no single masternode payment?!?!?
On both of my masternodes. I've checked, they are on the list and enabled...
copper member
Activity: 2324
Merit: 1348
out of sync my wallet ,,, help me please?

Hello,

what is your probleme? I can't see a problem with the network.

Best Regards Christian
hero member
Activity: 714
Merit: 500
 out of sync my wallet ,,, help me please?
copper member
Activity: 2324
Merit: 1348
Hello,

we are now on https://cryptofolio.info/ .



Best Regards Christian
copper member
Activity: 2324
Merit: 1348
Hello Steve,

here is the old giveaway list for your action.

https://dl.dropboxusercontent.com/u/21000833/Bitsend/Giveaway.txt

Best Regards Christian
legendary
Activity: 1106
Merit: 1004
No risk, no fun!
Hey Bitsend community,

dont miss our POLL on bitsend.info.

Its important for the next developments for Chris. Actually 50k bitsend needed for a masternode.

http://bitsend.info/forums/index.php?topic=51.0

Greetz
Steve
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