Masternodes are still in the works, correct? Still @250K?
That's the plan
Great, glad to hear that MNs are still in the plan and @250K …. Reason beng…. I agree somewhat with Vegas on money supply but…..
There is money supply vs availability to consider also. Currently we’re just under 49M. Every 4 MNs that come online will pull 1M out of availability. As long as it’s attractive for MNs to make the commitment, I don’t see any reason why we won’t be ending the first week with at least 10 MNs. That drops availability to 47.5M. If we get lucky and we have 40MNs online in 3 to 4 weeks, that pulls 10M out of availability. MNs are going to be key to the money supply. Burning the coins from app users will also help bring the available money supply down.
As long as we do the following we will see very nice returns;
- Dev stays active – He’s doing a fantastic job so far
- We deliver on our current roadmap – wallet release being on time and bug free (at least fixes) are key
- We make it a no-brainer for someone to want to be a MN and stay a MN
- Seriously look at the apps TheAltTrader has been talking about, it sounds like a winner
- We need to make sure we keep the community active and involved
Needless to say, I’m very heavy in BTX, I believe in it. I’m still buying. I got into it when it was on Bittrex and my buy for 30K and 905 completed before I could cancel it. Since the re-launch, I’ve bought, well lets’ just say truckloads. What I’ve put into the buys is still less than I was spending for electric @550 month when mining.
I setup the Block Explorer and the Faucet to try and keep the community going because that was the most I could do at the time. I’m working on another project that I hope I can associate with BTX which may entice holders to hold verses sell as the price climbs. I just don’t know if my day job schedule is going to give me enough time to get it completed… we’ll see.
Anyways, just my .02BTX