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Topic: What you will opinion? - page 3. (Read 522 times)

legendary
Activity: 2982
Merit: 1069
January 04, 2020, 09:25:10 AM
#12
Hello, Lets talk about staking portion for a new generation of investment that you don't need trade cryptos but you can profit by locking tokens or coins?

I saw an staking today and the project called Elrond, Their staking has have 10 wave or phase of staking and now was on wave 2, the total supply was 17,000,000,000 ERD and only circulating was 6.612B each wave will be end if they reach the maximum 500M capacity. And the price still down fall, What is your opinion if they reached until the wave 10 and its almost all of circulating supply will be locked for a minimum 30 days up to 1 year.

I too had a look at Elrond and it looks promising. But as you said, they might not be worth the hassle if you could still buy them cheaper at a later time.
I have a few coins that are staked, NEO, Tron and Algorand to name them. I rather focus on the high ranked coins by marketcap as they have lower chances to fail as many hedges use them on their portfolio.
legendary
Activity: 2492
Merit: 1018
January 04, 2020, 09:20:48 AM
#11
Mate you should be more worried about the potential of the project not how much you will earn when staking, many staking projects lose value and turn shitcoins because all they ever have to offer is just the staking feature, no other use case, be sure to check that out first

This is why there is not much demand for most of the altcoins that just appear to be released but without use case of the token. Even tron isn't safe to price fluctuation because it seem like TRX doesn't have a use case to their platform. Nothing so far is exactly meant for what TRX purpose is from the beginning. And this could be the cause of its failure just like the POS coins without a cause.
hero member
Activity: 3066
Merit: 577
Leading Crypto Sports Betting & Casino Platform
January 04, 2020, 09:15:10 AM
#10
I can't give a straight about this because I don't know much about Elrond. But if you want to be on staking, choose those coins that are very popular lately and has a very strong support from the community and also to the exchanges where it's listed. With those popular staking coins, you have assurance that you are safe although I'm saying that I still don't have idea about Elrond.
newbie
Activity: 16
Merit: 0
January 04, 2020, 08:45:43 AM
#9
When the focus is on the monetary outcome then I see a dead project already
legendary
Activity: 2982
Merit: 1149
Leading Crypto Sports Betting & Casino Platform
January 04, 2020, 08:29:30 AM
#8
Hello, Lets talk about staking portion for a new generation of investment that you don't need trade cryptos but you can profit by locking tokens or coins?

I saw an staking today and the project called Elrond, Their staking has have 10 wave or phase of staking and now was on wave 2, the total supply was 17,000,000,000 ERD and only circulating was 6.612B each wave will be end if they reach the maximum 500M capacity. And the price still down fall, What is your opinion if they reached until the wave 10 and its almost all of circulating supply will be locked for a minimum 30 days up to 1 year.

It doesn't matter if you get more coins via stacking if no one will use or need them in the first place. And inflation of your coin most likely will decrease the price in btc, making the whole stacking pointless.
full member
Activity: 1498
Merit: 146
January 04, 2020, 08:19:02 AM
#7
Hello, Lets talk about staking portion for a new generation of investment that you don't need trade cryptos but you can profit by locking tokens or coins?

I saw an staking today and the project called Elrond, Their staking has have 10 wave or phase of staking and now was on wave 2, the total supply was 17,000,000,000 ERD and only circulating was 6.612B each wave will be end if they reach the maximum 500M capacity. And the price still down fall, What is your opinion if they reached until the wave 10 and its almost all of circulating supply will be locked for a minimum 30 days up to 1 year.
Staking shit coins are risky though because you will never know when the prices will hit zero,better invest on a coin which is doing good and has more speculation than investing on new and low value coins.
sr. member
Activity: 1033
Merit: 250
Leading Crypto Sports Betting & Casino Platform
January 04, 2020, 08:17:26 AM
#6
the price is determined by the demand, the locking period might affect the price in some way but it is not significant. even if the project locks 90% of the total circulating supply but nobody wants to buy it, the price will eventually drop. as for now, I do not see any demand for the altcoin.
market demand that can determine the price will be good or not, without the appropriate demand then I think the coins will continue to decline in price. so any method used by developers to hold coins must be proportional to the demand in the market.
sr. member
Activity: 784
Merit: 251
January 04, 2020, 08:13:26 AM
#5
It's useless to staking coins or deflation if there is no potential, but will later make shitcoin, unless they can solve the problem quickly. It is also important to note that the development of crypto is currently competing with each other and the one who is able to master is the winner. Coin staking is indeed currently a hot topic of conversation, but what needs to be considered is whether there is potential or not? It's useless if the coins are locked in half of the supply if there is no real demand so it's useless.
sr. member
Activity: 420
Merit: 250
January 04, 2020, 07:56:50 AM
#4
When coin locking I think have big chance have higher price but depend with developer there are really with locking their coin or not, maybe when you want staking with some coin and lock it but developer never lock their assets and only your staking coin on exchange market have lock, I think when joining with staking project better to join with coin have limited supply.
member
Activity: 434
Merit: 19
January 04, 2020, 07:54:04 AM
#3
Mate you should be more worried about the potential of the project not how much you will earn when staking, many staking projects lose value and turn shitcoins because all they ever have to offer is just the staking feature, no other use case, be sure to check that out first
sr. member
Activity: 1274
Merit: 263
January 04, 2020, 07:50:44 AM
#2
the price is determined by the demand, the locking period might affect the price in some way but it is not significant. even if the project locks 90% of the total circulating supply but nobody wants to buy it, the price will eventually drop. as for now, I do not see any demand for the altcoin.
member
Activity: 633
Merit: 11
January 04, 2020, 07:02:00 AM
#1
Hello, Lets talk about staking portion for a new generation of investment that you don't need trade cryptos but you can profit by locking tokens or coins?

I saw an staking today and the project called Elrond, Their staking has have 10 wave or phase of staking and now was on wave 2, the total supply was 17,000,000,000 ERD and only circulating was 6.612B each wave will be end if they reach the maximum 500M capacity. And the price still down fall, What is your opinion if they reached until the wave 10 and its almost all of circulating supply will be locked for a minimum 30 days up to 1 year.
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