Topic: [NEW XBY ANN] XTRABYTES - BECAUSE THE BLOCKCHAIN CAN BE BETTER - page 311. (Read 371139 times)

Hello Everyone!

I want to thank each and every one of you for your participation in this debate... This is what it is all about!! Community = Strength = Power = Success 

We must decide what is best for XtraBYtes and make the correct decisions now, before we start.

I am waiting to hear additional information from Brozalom as to what the minimum amount of STaTiC Nodes is and WHY this is a critical number to meet.

Thank you and please continue... Your posts and participation are showing the crypto world that XtraBYtes is the coin and the Community Corporation to take notice of and to become a valuable part of.

If you have not yet watched our first 2 videos, please go to the ANN... I added them last night.

Have a fantastic day!!

Thanks, Troy! Kind of clears things up!

i told all the fud guys to buy XBY at 45 sats but they simply wanted to fud and get 25 sats or something..they failed, they are still failing

scroll down to read info.


https://xtrabytes.tech

anyone....? :')

I'm not too sure if the amount necessary can be changed in the future... That's why this community voting is more important than we thought, imho.
As others already said, it's not about immediate gain and profit, but long term viability.
1M for a static node is already about 1btc worth... As development will continue with XBY, the value of the coin will increase over time, as well as the value of btc probably.

Since the dev and ccr would like to have a considerable amount of statics (300), then can you imagine what would be the price for 1 static if it's set at 1million coins required?
Having a lower amount of coins required for a static will offer an opportunity for newcomers to participate in this project too, and not just an early coins hoarders cash-grab thingy.
It will also make it easier to reach the goal of having 300 static nodes.

opinions of Borzalom and CCRevolution are required here.
And results of the voting poll should give only an indicator, not giving a 100% weight on the decision.

Thinking selfishly about money and doing what is best for the coin long term isn't mutually exclusive you know....just saying. 

I read your post and you have some good points and the reason i rant is because you start blaming me for thinking only about money. I would say let the dev decides what is best for XBY on long term and stop this poll that way everyone has to accept it. And if you would have left that stupid thing about only thinking about money out then i would of say from the start that you have good points.

i also voted for 1mill, but am having 2nd thoughts

i like the notion that they could be a serious investment, but unfortunately without any idea of what the market value might be like in 3 months, it's hard to usefully project a value.

i've changed my mind to 350k - 400k:)

this gives room for short term growth in price where they might still be under 1btc, and gives a lot of scope for coins in nodes vs circulation.

should the coin gain serious value, then those static nodes might become very serious, and plausibly the amount necessary might need some reconsideration at some point.


----
"a change is good as a holiday"

Did you read my post? Like I said, I dont care what you did to get XBY, I dont care about that, it is your business. Clearly you prove me right, you are very focused on the money, half of this post is a rant on money. I dont care about the increased price, I care about the longterm stability of the platform. Right now we only have 80 people able to run masternodes.

You say want to change the vote
If everyone changes, is this vote meaningful?
Change
Change

Have you even read that i sold tokens from another good project to buy XBY?I don't swim in money, I have to make decisions like eveyone here where to put my money so don't come saying that i am only thinking about money because you know shit about me! I didn't buy XBY for 1 sat but between 35-45sat and now people like you come crash in here and crying because the price has gone up more. And i accumulated more XBY too by selling high en buying low. That this project will succeed is the most important thing so yes i think that some decisions must be made by the dev himself. Anyway, before you point your finger at someone you better look at yourself in the mirror. Everyone has the right to give their opinions.

I agree. I want to hear what Borzalom thinks and anyone else who understands the technology he is proposing. So many people are think 1m will mean the price will rise more. Thats a poor way to make any decision. We should also think long term not at the price now. We should assume a market cap of $50m at least when thinking about the price of nodes. I don't actually know what is best though If 1M is best and has the effect Borzalom wants then great but if it needs to now go down then fine. We got to think longer term for XBY.

I must say that I voted for 1M but I agree now by reading this that it's too much coins required to run a node
I would like to change my vote for a number between 200k and 350k coins.

Also, it would be the best if we could get the opinions of the dev and ccr too.
 

I think it would be better to open an external vote accessible to everyone:

http://www.pixule.com/325773597774_the-cost-of-the-xtrabytes-static-node-should-be.html

It looks like its going to be me to give the hard q's and a's. Again.

This is why the decision of the requirement of masternodes should not be solely left up to the community. We need Borzalom's (and other developers) technical input. You are only thinking about money. It might be "cheap" to you to buy one million coins, but to others its quite a bit. You are an early early investor, there is no reason for you to feel "cheated" if the number is lower, especially if you are concerned about the success of the project and the long term stability of the platform. Period. I dont really care what you did to get XBY, sorry to be blunt, that is your business.

I heard Borzalom wants 300 nodes set up. With 1 million requirement thats way too high and too risky to implement. There is no reason to handicap the network because of some short sighted "early investors" wanting the one million simply because of the status associated with it. If you are a true early investor, you will not care about the requirement anyway, what you care about is the stability of the platform and how well it runs. You understand that things change especially on something early as this. There was no agreement of 1 million nodes at any time.

The range for nodes should be within 10k - 200k IMO. People can run multiple masternodes, so really, what's stopping us from creating a super stable network with many nodes? You say if the number is lower people with weak hands will drop them....I say bullshit, people dont keep coins because of node requirements, they keep the coins because they are confident in the project's ability to succeed.

Take a look at the richlist - and look at the people with 1 million plus coins. Those are the only people that will be able to run nodes in the future. Borzalom wants 300 node minimum in the future? Right now we only have around 80 people able to run nodes. And remember there are going to be people that will not bother to set up masternodes. There will be people that may not be able to. People that forget about their coins. Traders. Etc etc. You may say as the project gains traction there will be more interest. True, but the barrier of entry will grow rapidly as the martketcap grows (this aint gonna be some small cap coin).

Technical stability always comes first. Period. We want the best network possible. Limiting nodes to 1 million, or even half a million is absurd.

Unfortunately this is due to you still being ranked as 'newbie', you must be at least a jnr. member of the bitcointalk forums to be able to participate in polls.

I understand that we need enough static nodes to create stability of Xtrabytes that is why i said that i don't have a problem with 500000 for a node. And at the current price that would be around $550 i believe. You said in the video that you rather have longterm investors to run the static nodes so it would be better to have a choice between 1000000, 750000 and 500000 because going lower especially 250000 will let too many weak hands running nodes and dump when they need money or as soon as they have a couple of bucks profit. Whatever the outcome is of this poll i'll live with it as this is a community project. And yes i joined slack today, by the way is it possible to make a video how to set up static node as i want to know what needs to happen when i do certain things .

https://img4.hostingpics.net/pics/81929220170428115416.png

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