/biz/ - Business & Finance

[Anonymous No.21199182]

Some math for you /biz/.
The maximum supply of XSN at any one time is about 110 million. I’ll round up to 120 for easy math, which actually *worsens* the case for acquiring a masternode by a little bit.
A master node requires 15,000 XSN.
120mn/15000 = 8000 total master nodes that can be had (in practice, less than that since I rounded up by 10 million and there will be some free floating XSN not used as collateral for a master node). Conservatively, we’ll say that knocks off another 500 for 7500 total master nodes.
If you know anything about stakenet (read the damn whitepaper and check out the progress), you know it’s between 3-9 months away from becoming THE Dex since nothing else successfully connected all major chains via the lightning network to make currency trading, moving etc. faster and with lower fees than we’ve ever seen before. If you don’t buy the hype, DYOR. I won’t spoonfeed you on this bit.
But if you do understand how massively impactful this will be, think about it. AT MOST, 7500 people share 45% of the block rewards and fees of the network. And a lot of old /biz/ has multiple MNs bought up already (I have 4), so the number is even less. If you’re impatient, 10 MNs will probably get you enough passive income for six figures annual by EOY 2020, maybe early 2021 if you’re unlucky. A single MN will get you there EOY 2021 due to how few people can have a master node on this major network.

[Anonymous No.21199194]

The price of XSN has exploded over the last few weeks, but a single masternode is still only about $7-8k. I’m trying to acquire my fifth MN before the price climbs to $1 so I shouldn’t be telling you fags this, but I’m genuinely that excited for those of us who will be part of this and want more of /biz/ and none of reddit/facebook/twitter to own a single MN. Get in while the getting‘s good.
7500 or fewer people will split 45% of the majority of fees from crypto activity by the end of next year, and it’s still going to be plenty by December. I don’t suggest selling many of your LINKies for this, but if you’ve gotten some good day trading profits from shitcoins, I’d start throwing them in now.

[Anonymous No.21199964]

>>21199182
I'm pretty sure the POSW presale numbers had the max coins at 700 million not 110.