Has anyone done a comparison of what is the
1) Most expensive MN implementation?
2) Most profiatble?
Dash Masternodes cost about 13.7 BTC right now and make about $1.54 per day (at .013700000 price)
Crave Masternodes cost 1.4 BTC right now and make $2.88 per day (at .00280000 price)
BITCREDIT Banknodes cost around 5 BTC right now and make $9.20 per day (at .00002000 price).
Per BTC return, Crave takes it. But BITCREDIT is definitely the most undervalued right now, with the most room for growth. If the price rises to just 5000 satoshis, one banknode will make around $23 per day. This also doesn't take into account the service income.
Just to correct what you said here, looking at order book for BCR, looks like one banknode is actually about 10 btc due to lack of coins available for sale and due to high banknode threshold, 250k.
Sorry but I'm starting to realize more and more that that steep threshold and the lack of coins is, IMO, going to deter people from setting them up in the long-term.
JL
Care to see my assessment?
The problem you describe will likely only happen if we had +24 BNs right now, but we don't , most coin is waiting at market. And you seem to have forgotten that at it's most active, most coins were bought at prices above 0.000027. So when the buy orders approach those prices, you'll start to see those coins come out. Bittrex has over 4 million stored there, all of which are open to either go to BNs or market.
if you experiment and buy the first five orders, and watch what happens. Immediately new sell orders will replace them. Someone has been using that tactic to gain a lot of BCR since yesterday, they bought, then waited, then bought again, then waited, and again and again. I've always said that face value market metrics are wrong. Just think someone has been buying, he/she mixed along with other traders pushed a 500K volume yet, there are still tons of coins for sale and nowhere near the amount of BCR there. If someone buys enough to shift the market, , you'll see coins start to pop out of the wood work.
A shortage will never happen because almost 50K BCR are added daily to the system, and not everyone is committed to having a BN. BNs are for committed folk, at current price they are making between $16 and $9 a day, and as far as i see will keep holding. In order to get coins at the moment, you need money, be it to hire/buy mining equipment, to trade your way up or to just get a BN and sit on it. This is true for every currency, why should it be different for BCR?
Let's say they average out at $10 a day and their cost is 5 BTC. So for their investment of $1100 at today's rate , they break even in 110 days. Not many businesses can do that. This is excluding their dues from Banking activity. I have setup a facility ( see above) that will earn me additional income, and should i be lucky enough to pull off 4 of those, then i could ROI in 60 days at current price.
(Not pointed at you) I think people need to leave the pump and dump cycle behind and try get into more steady crypto income, if i made this an easy entry , easy money corner then we would have banks setting up and folding quickly, and in most cases running with people's money.
I know this view is unpopular and maybe i may end up with egg on my face, but i truly believe that this combination is what is best for this project. This system requires BNs to do more, a lot more and that includes at times being the tie breaker in dispute situation, so i'd rather a person had a lot of incentive to keep their business and reputation clean, than they would have to run away.
Sorry for the article, but i hope you understand what i am saying.
Afterthought:-
With the current development drive and confidence, if the price made it to 5K sats, BN holders would break even in just over a month.....
And small timers can always co-own a BN, no pressure to own one yourself.