I assume that since you are much senior member than me on this forum
Blah don't judge a book by its cover ever. We are all just people regardless of our forum stuff.
you already know how PoS coins like DASH work. Its not actual burning. This word is used just to understand its effect. Its actually permanent freezing of some specified number of coins to buy aster nodes. Like in case of DASH, one needs to freeze above 1000 coins to possess a master node.
ps: I am just a niebie in this field. I mere came to know what PoS is two days ago. So pardon my ignorance if I said something stupid.
I know how PoS works, but this is my first time possibly tinkering with master nodes.
I understand the not actually "burning".
But removing a ton of coins from the outstanding shares right now will or would drop the market cap like a rock. (Depending on how the website calculates the master nodes and all that jazz)
yeah i am very interested in the masternodes, some of the others i have seen i wanted are wayyyy too expensive right now
I personally havent had any coins outside doge that cost so little.... i doubt we will see above 1 SAT before Monday
i wonder what happens then?
i bought 4 million just the other day at about $4,000 and i am at loss... i think if anyone is going to make any money now buying in at 1 is your best bet and PRAY a whale comes by or a pump and dump/Hodl group comes along
its scary that the 1 wallet owns over 50% of the coin and then 2 right behind closest is the frogger pool and the dev pool... basically 3 ppl own this whole $hit and kaboodle
