Topic: Don't doubt the power of Staking coins - page 5. (Read 1575 times)
I will be more selective when choosing a coin to stak. There are some coins that, by the time to apply to stake them, they would have started dumping on exchange and yout=r total amount or number of coins after getting the dividend fir staking, will not be uo to what it worth before staking, despite thre little number of coins at the initial stage. So straking coins with working products is much more important and better.
Staking coins is way better than mining ,hassle free and no generating of heats ,I'm luck to come across miracle telecom project that offers token holders rewards every two weeks from the projects 40% net profits and so far so good ,the reward is not fixed but its way better that other staking coins too ,with 100 tele tokens you can easily make 1.2-2euro based on their net profit every two weeks.
Do you guys have any other staking coins as good as this?
Share your comments below.
Do you guys have any other staking coins as good as this?
Share your comments below.
Yes. Tele does get good support. Even Tele implemented a Buy Back system. So the price of the Tele token will not drop with the Buy Back system. As far as I follow the bounty, and the coins that I hold so far, no one has used the Buy Back system. You're lucky to have a lot of Tele coins. Mining is a different system. I don't think we can compare mining systems with hold. These are two different things. Mining is to increase the number of coins with a predetermined capital, and with certain tools. Mining gets coins from a unique number blend, not from a hold bonus. Mining affects total supply. Hold does not affect the total supply.
This is not staking though. This is revenue share based on the amount of coins you hold. Basically like share s in a company. Pretty cool thanks for telling us about it.
Are you paid in eth or what? Do you withdraw from the dashboard or what? Please anyone here who has tried it let me know how it was?
Are you paid in eth or what? Do you withdraw from the dashboard or what? Please anyone here who has tried it let me know how it was?
I sincerely think Staking has lost its power of wealth creation as it were years back probably because of the high volatility of the cryptocurrency market which has decimated the profits of most staking platforms. I enjoyed PivX and Veil basically because I keyed in at the early stages
Unfortunately, there is no such long-term profitability anywhere in the world. The example you cited has all the signs of a financial pyramid, 40% is a lot. Now the project has big problems with the withdrawal of funds. And the forum has several topics about this, you can easily find them using the search.
Staking coins aren't that formidable like 2 years ago, reason being that, the niche has been saturated by half baked projects making it unattractive to investors and holders. So many projects have come with the idea of staking only to make a mess of the technology meaning that, the rewards and returns associated with staking has drastically reduced. For this reason, staking coins are being neglected and abandoned.
I beg to differ. Staking coins have mostly lost their sting and what use to make them attractive and highly potential in terms of value. These days, most staking coins no longer offer much, they have mostly been turned into less than impressive niches. This I believe has to the fall in crypto prices and industry generally. They could yet make their way back but at the moment, they truly don't offer much.
Miracle Tele turned out to be a scam in the end.. genuine staking coins do not offer such a high ROI and the ones that offered such high rewards in the past has all turned out to be scams of the highest order, I still prefer IEOs because if you participate in a genuine IEO Inna reputable exchange, you can easily double or triple your funds.
Sure. You should never doubt the power of staking coins because they are great coins and a great one for funding. I think staking coins are far better than mining because mining is expensive and consumes more energy.
Staking coins are great for funding actually, think about some sort of coin offering that could be done via some staking coin? The team that gets the funding would be capable of holding the coin and mining more of it via staking and they would be making more money.
So, the investors are paying them lets say 100 million via some stake coin and the team gets that 100 million and starts staking right away and they are basically printing money to build the coin into something better, they got paid 100 million but made much more that so they can keep giving back to community. That has always been in my mind but I don't know if it can be done, some sort of ICO or whatever done via staking coin should be really number one priority to test and see how it works.
So, the investors are paying them lets say 100 million via some stake coin and the team gets that 100 million and starts staking right away and they are basically printing money to build the coin into something better, they got paid 100 million but made much more that so they can keep giving back to community. That has always been in my mind but I don't know if it can be done, some sort of ICO or whatever done via staking coin should be really number one priority to test and see how it works.
The power of stable coins are great and very nice in so many ways than mining in the sense that mining will cost you electricity bills whereas staking coins will not. What is so appealing with staking coins is that, you still have your coins and in as much as possible gain from the amount of coins you have. I know of $BOLD whereby you earn based on the number of tokens you have monthly at an interest rate based on the profit the project earns every month.
Staking coins is way better than mining ,hassle free and no generating of heats ,I'm luck to come across miracle telecom project that offers token holders rewards every two weeks from the projects 40% net profits and so far so good ,the reward is not fixed but its way better that other staking coins too ,with 100 tele tokens you can easily make 1.2-2euro based on their net profit every two weeks.
Do you guys have any other staking coins as good as this?
Share your comments below.
Do you guys have any other staking coins as good as this?
Share your comments below.
Miracle telecom project is a laudable one from my findings, it has one of the most rewarding packages that i have ever seen coming from staking coins projects. I have 120 miracle tele tokens but i am yet to get started with my own staking but i will work on staking it immediately since i am certain it is efficient.
A lot of staking coins often end up in scam or eventual dump, either way, their projects aren't not often long lasting as they are not projects that can be invested on for any long term, I have see a lot of such projects that have gone under in just few months
i totally agree with you. Because i have vechain which produces vechain thor tokens overtime. It is a coin with very good fundamental and at the same time, i can earn passive income through staking that is why i agree with you but for me vechain is one of the best crypto with very good and sound project.
You are totally correct, been on tronvoid and smartfund and I can say they are profitable.. I think staking coins is the new mining idea in cryptocurrency
TELE stacking bi-weekly rewarding strategy has really stirred up the market and has drawn the attention of lots of investors. Projects offering staking/stacking options to holders encourage holders and limit the dumping of the tokens because it gives holders reason to hold.
Know what you own and why you own it. Staking (stacking) and mining are two sides of the same token and being involved in both has been beneficial financially specifically because it forces due diligence.
Raven is a great coin to mine and the community is tight. Mining helps strengthen both coin and community. On the other hand stacking TELE has been rewarding and paying consistent dividends. I just ordered a sim card and will test the current service in anticipation of additional investment and continued reinvestment of stacking payouts. They road mapped rolling out a stand alone TELE blockchain in Q1 2020 as well as aggressive expansion of market share. Win/win staking or mining when you know what you own. I appreciate all the input and will be looking at many of the suggestions mentioned. Good fortune my friends...
Bodhicoin
Raven is a great coin to mine and the community is tight. Mining helps strengthen both coin and community. On the other hand stacking TELE has been rewarding and paying consistent dividends. I just ordered a sim card and will test the current service in anticipation of additional investment and continued reinvestment of stacking payouts. They road mapped rolling out a stand alone TELE blockchain in Q1 2020 as well as aggressive expansion of market share. Win/win staking or mining when you know what you own. I appreciate all the input and will be looking at many of the suggestions mentioned. Good fortune my friends...
Bodhicoin
Staking the right POS coins could be a source of earning passive income.
staking is much cheaper than mining, at the moment i'm doing it with neo and waves, but i think i'll also try stakenet, it intrigued me
Staking coins are cool but I'm not fully in support of your opinion that they are better off that mining coins. Well, I'm a big fan of staking especially if it's not necessary to run a supernode before staking, that's free staking. Some of the dividends are cool although most of them are shitty. Been staking my NEO for GAS, VET for VTHO, so far I'm impressed with both. About the coin you mentioned in this thread, TELE I am yet to do any research on it.
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