Topic: Masternode coins a good thing or bad? (Read 404 times)

Masternode is a good thing. It has a better return compared to staking some coins. But masternode has a higher price and a high coins or tokens requirements compared to staking. But make sure that the masternode coin you choose is a good and legit one because most masternodes available right now is a scam so better be wary.

I am interested on running masternodes but what prevents me from doing so is requirement of it running 24/7. It is hard for some people to do that is why it may take some time for all the coins to be mined. Masternodes is a good thing i think for some in the sense that it would give a good passive income.

I only have one masternode (SmartCash) but I do like the idea. They verify transactions and earn passive income. Plus with their capital locked up it keeps the price higher than itd otherwise be. I wish I could've gotten a Dash masternode back in the day. But it's still too rich for my blood.

There are a few things with Masternode coins - you're really looking at both the quality of the coin itself and the state of the market as far as whether it is going to be worth it.

I don't know that I necessarily worry about the question of being 'mined out' as in general this is something that doesn't happen - what is likely to happen though is a split etc and the creation of new coins, which is fine but obviously affects overall coin value. Doesn't necessarily make a difference if the other two things above are okay and you're in it for the long haul on a good project...

Masternode is a good source to earn some money. It gives the benefits of earning some passive income but when the max supply is reached people are definitely going to sell the masternodes.

I think that reward wil be replaced by transaction fees. It is probable that many people will dump the coin or simply just won't be interested in transaction, but that's not the end of it. If price of the coin remains high, people can still earn good amount of money because of transaction fees.

Masternodes are one best ways to earn money passively. But when the max supply is reached the price will fall massively and there is no point in holding it other than to sell.

Masternode coins are advantageos in many cases. As they store data in full nodes, there is possibility for instant transactions and investors are incentivised monthly/weekly or as per rules of specific coins.

I am only an ICO inestor and as a bounty hunter who never mines but for now the masternode project is very much after the exchange and joining projects are very profitable

If you get in early you can gain a decent ROI with some projects but its getting more and more competitive as Masternodes become more popular just find a good quality project as there are lots of clones and not all of them are worth investing in

Masternodes (MNs) are the hot ticket in alt-coins at the present time. Not a lot of forthright expenses is are required in hardware and power like Proof-of-Work (PoW) coins. Each task I catch wind of late is the following PIVX.By and by, I like it. PoW is excessively asset overwhelming, making it impossible to get us closer to mass appropriation. Verification of-Stake (PoS) and MNs are no doubt the eventual fate of digital currency. Many individuals perceive that and it is reflected in the measure of MN coins you have been seeing grown of late.

One may contend that the masternodes are awful for the economy in that they will at first remove numerous DRK from course and numerous more through the sparing of masternode installments by their proprietors. This could make an input circle where darkcoin continues getting increasingly profitable, all things considered everybody holds DRK and does not purchase with them consequently slowing down the economy.

Anyway I for one feel that masternodes and masternode installments are useful for the economy. With gaining DRK without bringing about this present reality expenses of mining one could all the more effortlessly spend their "free" DRK without agonizing over equipment costs, the power bill, and so forth. 10% of everything that will be mined goes to masternode proprietors and I trust they will probably spend the real DRK instead of changing over it to pay something like utilities.

Just idea this would influence an intriguing string, to please share your musings.

Yes, masternodes coins are good. if you invest on it, and gained the potential stakes. it's like more than having a money in the bank with interest. But you need to make sure that you'll to watch on the market of your coin and sell on profit to maximize your investment on it. Masternodes is very helpful for those who are very busy and can't trade on a daily basis. Well, if you're worried about dumping, better diversify your profit to avoid a lose. And the best thing is, always take out your capital after gaining a profit. Don't be greedy!

Masternode coins are definitely not a bad thing. This is a passive source of income and it is indeed benificial. However, for a good income one should go for the trading.

The value of master node is good in the current situation and it's providing good features too. Also, it doesn't jump like normal nodes, so it's stable too.

Hello world. I have invested in MN and receive a reward until I am going to sell the received reward.

Masternode coins are good for making money. If the price of a coin grows,everyone is happy with everything,but if the price of a current falls,people can sell their masternode and thereby aggravate the situation even more. Better to start trading on exchanges.

Good but also at risk. if indeed we are not careful in investing in it then we will also experience losses. so it's better indeed we are careful in investing

Its good for makeing money but not good as its make coin centralised and market of coin can be manipulated very easy so i wouldnt invest in coins like that.

when all the coins are mined then the masternode get the reward from transaction fee. But i think to reach the max supply its not the easy task. it will go until 10 years or 20 years. and if some masternode using a feeless transaction, i think they will fork their coin. Masternode is good exactly but at the moment there is a lot of Masternode coin who just offer the same feature and have the right ROI in the beginning so they just make their ecosytem broken. and A lot of masternode is scamming too, offer a presale and after got the presale their website and their discord/telegram group is vanished too. So becareful guys especially with anymous team. If you are beginner and attracted of Masternode feature, i suggest you to choose the famous one not the new one.

Everything depends on the market, if the market grows then it is beneficial to have masternods, but when price of the token falls, respectively, and profit falls, I have been looking at it for a long time.