Is this again a new hype those masternode? It remains me of the color coin hype, the planet coins hype, the doge and cats hype. and after all those hypes there is in fact only a few coins that still exists. Honestly i don't see the added value of those masternodes, if someone can explain me why this is so cool, then please go ahead.
The advantage of requiring such a high number of coins to have a masternode are that the bagholders that have mined and staked from day 1 can unload a massive amount of coins on new comers given the hope that a masternode will be profitable.
This statement applies to all altcoins.
Any incentive to buy a coin must be scam related by your logic.
Not quite. In the case of this coin it is. Dev bailed on the project after the POW phase leaving a bunch of bagholders. Big bagholders get together to salvage the coin and come up with a scheme to dump their coins on newcomers - requiring 25,000 coins to run a masternode. Look, right now there are only enough coins to open ~60 masternodes. Its a scam. Stay away and let the scheming bagholders sleep in the bed they made.
Hello MantaMine,
I have realized all of your posts in this thread- whether they were inquiries or blatant statements- were means to discredit Neutron, the current developmental team, and other investors.
Now allow me to personally say this- before you post another theory in this thread, I would kindly ask you to gather up what evidence you have and present them with your statement. As of this moment, you are the only entity creating a negative atmosphere in this discussion.
In addition, your statements could be applied to any cryptocurrency announcing a masternode system, currently. There are substantial investors in many, if not every cryptocurrency, and that shouldn't be viewed as an obstacle to newer investors, but rather as an incentive, as large holders are a sign of confidence from a higher level. My announcement regarding the implementation of the Nucleus masternode system is no different than Dash's, Crave's, BitCredit's, or SpreadCoin's announcements regarding masternodes. All of those currencies had "big bagholders" (if I must put it in your words).
All the best,
Team Neutron
PS: To the community: Next part of the roadmap should be announced a couple of hours from now.
Here is my evidence -
When the masternode announcement was made, there were ~1,372,500 coins in circulation. With a requirement of 25,000 coins to start a masternode, there were only enough coins IN EXISTENCE to create ~55 of the 100 possible masternodes.
The announcement coincided with the beginning of the lowest block reward on the POS plan (15 coins). What a coincidence - all these announcements to pump the coin are made AFTER all the high POS blocks have been solved. The only way for a newcomer to get in and make any coin would be to buy 25,000 coins off bagholders just in time to coincide with 7 days of pump.
My intent is to inform anyone new (like myself 24 hours ago) that is looking to invest in this coin what the real situation is. You may see it a different way, but its all about perspective.
Your perspective is to try to get other people's BTC for your current holdings. My perspective is to get other peoples current holdings for my BTC, with the hope of getting more BTC in return when I sell them - this is the way of it.
The way this masternode scheme is set up, the timing of it, and the 7 days of pump make it highly unlikely IMO that the late comer will make anything but a loss.
Thanks for the prompt reply.
I see your concern regarding the current low coin count. That shouldn't be of worry, as 30K+ coins are generated per day in Hi-PoS. With that rate, in around a month we will hit 2.5M coins, and accordingly 100 Nuclei if every single holder in the coin decided to make one. 30 Neutron per block (79 seconds) is still a lot, if you believe that it isn't that much.
I don't know why you call the 7-day roadmap a "7-day pump", because we are hitting our second day and the price hasn't really moved much at all. How about you wait till I deliver all seven parts of the roadmap before making further assumptions? Or wait until I complete the first part of the roadmap (after the initial week).
Regarding your statement regarding late comers, I must agree with you because you were just stating the obvious. In nearly every market situation in crypto, latecomers will turn a loss.
Best,
Team Neutron