It costs ~100K USD to run a Dash Masternode.

iamnotback

sr. member

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Merit: 265

Quote from: mining1 on March 21, 2017, 03:24:04 PM

So he forgave his own my-stake

Lol.

Edit: I can't believe the moderator deleted this post. I am reposting my joke. I guess the moderator is too blind to see that you misspelled 'mistake' on purpose and I emphasized it by inserting a hypen. Mods can be dimwits when the humor is too concise.

iamnotback

sr. member

Activity: 336

Merit: 265

Quote from: johnny_day on March 21, 2017, 06:55:49 PM

What's the equivalent entry fee on Bitcoin? 2M USD?

For a cost competitive mining farm, probably in that realm.

My reply isn't an argument for Dash, but an argument about bad attributes of PoW.

johnny_day

newbie

Activity: 23

Merit: 1

Quote from: btc_zero_sum on March 21, 2017, 06:36:59 PM

i just find pointless for the OP to complain about the current price of a masternode when there was +2 years of time to get one waaay cheaper

Doesn't it seem disproportionately high? What's the equivalent entry fee on Bitcoin? 2M USD?

generalizethis

legendary

Activity: 1750

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Facts are more efficient than fud

Quote from: btc_zero_sum on March 21, 2017, 06:36:59 PM

Quote from: generalizethis on March 21, 2017, 06:25:30 PM

Quote from: btc_zero_sum on March 21, 2017, 06:16:34 PM

Quote from: johnny_day on March 21, 2017, 03:19:45 PM

How is that acceptable? Can they even call themselves a decentralized virtual currency with such a high barrier to enter? They also have 4k masternodes. I find it hard to believe that 4000 different people are at least 100k deep in Dash. Something fishy seems to be going on here if you ask me.

LOL you must be a noob

yes, as of today you need ~100K but you had plenty of time to get it when it was cheap

That's not an argument for anyone to invest, it's an argument for why you should resent these assholes for wanting you to pay a noob fee. So rather than go build a timemachine, I'll go and invest in the coin that offers the same services but has the potential to exponentially increase and not pay you a dime for your instamine.

sure, go with it

i just find pointless for the OP to complain about the current price of a masternode when there was +2 years of time to get one waaay cheaper

The cost in the past highlights its future limitations and underscores how a better product with a fairer distribution may exceed its predecessor.

btc_zero_sum

sr. member

Activity: 273

Merit: 250

Quote from: generalizethis on March 21, 2017, 06:25:30 PM

Quote from: btc_zero_sum on March 21, 2017, 06:16:34 PM

Quote from: johnny_day on March 21, 2017, 03:19:45 PM

How is that acceptable? Can they even call themselves a decentralized virtual currency with such a high barrier to enter? They also have 4k masternodes. I find it hard to believe that 4000 different people are at least 100k deep in Dash. Something fishy seems to be going on here if you ask me.

LOL you must be a noob

yes, as of today you need ~100K but you had plenty of time to get it when it was cheap

That's not an argument for anyone to invest, it's an argument for why you should resent these assholes for wanting you to pay a noob fee. So rather than go build a timemachine, I'll go and invest in the coin that offers the same services but has the potential to exponentially increase and not pay you a dime for your instamine.

sure, go with it

i just find pointless for the OP to complain about the current price of a masternode when there was +2 years of time to get one waaay cheaper

badenglishtea

member

Activity: 82

Merit: 10

It's called PIVX.

Its like Dash but with a fair distribution (no instamine), great community (transparent), and POS.

Masternodes are about $5k.

Buying at this point is betting on a Poloniex add, and a bet that this can directly compete with Dash. If it pays off, at least 2x return.

generalizethis

legendary

Activity: 1750

Merit: 1036

Facts are more efficient than fud

Quote from: btc_zero_sum on March 21, 2017, 06:16:34 PM

Quote from: johnny_day on March 21, 2017, 03:19:45 PM

How is that acceptable? Can they even call themselves a decentralized virtual currency with such a high barrier to enter? They also have 4k masternodes. I find it hard to believe that 4000 different people are at least 100k deep in Dash. Something fishy seems to be going on here if you ask me.

LOL you must be a noob

yes, as of today you need ~100K but you had plenty of time to get it when it was cheap

That's not an argument for anyone to invest, it's an argument for why you should resent these assholes for wanting you to pay a noob fee. So rather than go build a timemachine, I'll go and invest in the coin that offers the same services but has the potential to exponentially increase and not pay you a dime for your instamine.

btc_zero_sum

sr. member

Activity: 273

Merit: 250

Quote from: johnny_day on March 21, 2017, 03:19:45 PM

How is that acceptable? Can they even call themselves a decentralized virtual currency with such a high barrier to enter? They also have 4k masternodes. I find it hard to believe that 4000 different people are at least 100k deep in Dash. Something fishy seems to be going on here if you ask me.

LOL you must be a noob

yes, as of today you need ~100K but you had plenty of time to get it when it was cheap

generalizethis

legendary

Activity: 1750

Merit: 1036

Facts are more efficient than fud

Quote from: DiCE1904 on March 21, 2017, 05:35:11 PM

Only takes $4800 to run a PIVX one

And let the prisoner's dilemma begin.

DiCE1904

legendary

Activity: 1118

Merit: 1002

Only takes $4800 to run a PIVX one

innergy

hero member

Activity: 685

Merit: 500

And mistakely lowered the total coin supply by 75%.. Wink

FlamingFingers

sr. member

Activity: 1344

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Read this: https://www.reddit.com/r/.../what_is_the_difference_between_a_node_full_node/

johnny_day

newbie

Activity: 23

Merit: 1

Quote from: knircky on March 21, 2017, 03:46:10 PM

Quote from: johnny_day on March 21, 2017, 03:19:45 PM

How is that acceptable? Can they even call themselves a decentralized virtual currency with such a high barrier to enter? They also have 4k masternodes. I find it hard to believe that 4000 different people are at least 100k deep in Dash. Something fishy seems to be going on here if you ask me.

Much cheaper than a bitcoin miner. It cost 1k dash. Dashbused to be 2, then 6 then 10. So a month ago a mode was 10k not that big a deal.

Yes but I can easily run a full node on Bitcoin for $15 a month. Is there a Dash equivalent to a full node? I thought that's what a Masternode was?

knircky

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Activity: 99

Merit: 18

Quote from: johnny_day on March 21, 2017, 03:19:45 PM

How is that acceptable? Can they even call themselves a decentralized virtual currency with such a high barrier to enter? They also have 4k masternodes. I find it hard to believe that 4000 different people are at least 100k deep in Dash. Something fishy seems to be going on here if you ask me.

Much cheaper than a bitcoin miner. It cost 1k dash. Dashbused to be 2, then 6 then 10. So a month ago a mode was 10k not that big a deal.

mining1

hero member

Activity: 532

Merit: 500

2mil dash were instamined after the mining started because of a bug. Evan at first thought it's unnacceptable untill he realised that can enrichen him. So he forgave his own mystake and with god's will he continued his holy crusade in an attempt to build a better world.

johnny_day

newbie

Activity: 23

Merit: 1

How is that acceptable? Can they even call themselves a decentralized virtual currency with such a high barrier to enter? They also have 4k masternodes. I find it hard to believe that 4000 different people are at least 100k deep in Dash. Something fishy seems to be going on here if you ask me.

Topic: It costs ~100K USD to run a Dash Masternode. (Read 1150 times)