PIVX /biz/ Masternode

>Long Term Vision

I plan operate as many /biz/nodes as possible, using profits that I make off this masternode to pay to open more. PIVX, Dash, and Crown are all potential masternode currencies that we could expand into. I would encourage those also making money from the masternode to do the same. This could be a avalanche effect where we reach a critical mass in a hurry and are rapidly able to expand nodes as fast as we can operate them-- and not to mention, the voting power for currencies and changes to their blockchain we would wield as influence as well.

This coin is a literal shitcoin

Stop shilling it

>>1918915

As I said, I'm not here to argue about whether or not you think it's a good coin. It will be trading above a dollar soon and isn't going anywhere.

Keep an open mind and check out their site and their Slack, it's very active and has a community behind it like no other alternative coin. I think it's features and Dash's weakness right now will help it make gains in a hurry.

Bump.

I already have 1.5k PIVX, we would only need to find 17 shares of 500 PIVX or even some folks willing to put in 1k or more as well.

Why should we trust you?

>>1918912
Master chodes smell like Federal Reserve to me.

How centralized can you get with this?

Can you run empires with it?

Is there a Janet Yellen equivalent running it?

>>1918945

I would like to set up these transactions as smart contracts. They will ensure completion of the work and encourage usage of the technology we're trying to invest in.

BitBay seems well structured to provide an apparatus to seal the deal. It would also give those investing an opportunity to support a growing coin with our own business for extra gains.

I'm not too attached to the idea though and I'm happy to provide proof that our future masternode is already set up and ready to rock.

File: 18j1ywgq37zonjpg.jpg (31KB, 640x360px) Image search: [Google]

31KB, 640x360px

>>1918912
pic related is OP

>>1918956

Well, there isn't right now-- at least not that I know of.

In my long term vision, /biz/ would be the Janet Yellen so to speak. See, masternode operators get to vote on proposals for the PIVX currency, we very much could influence the process. Shareholders in my nodes would get internal votes and whichever side wins out, we vote as a bloc to maintain our power.

The more we put into this, the more power it can give us in multiple earnings which improves our potential for earnings by controlling outcomes.

>>1918964
The blue pills floweth with this one.

We need a medic in here right away.

I think we are gonna lose him.

File: Screen Shot 2017-03-31 at 9.11.34 PM.png (126KB, 1252x944px) Image search: [Google]

126KB, 1252x944px

>>1918963

If you're a shareholder, that's the guy you want to be OP.

How is running a PIVX node better than running a WAVES node?

>>1918975

I think PIVX also has the most upside as a currency itself, which is also a factor that needs to be considered in addition to returns.

I would like to expand to other currencies given enough time but for now this seems the most accessible in terms of price point and upside for the currency. Dash would cost almost $70k to get the requisite coins to open a node.

>>1918969

A PIVX masternode currently pays out the equivalent of roughly $1607 a year, not accounting for increases in the value of PIVX itself.

It's payouts are relatively steady and given enough time and enough interest from /biz/, nothing I've said is at all impossible.

If everybody on /biz/ who flushed 1BTC down the drain on truly shit alt coins or getting screwed on pump and dumps put their money towards this instead, they could make reliable income and be growing our strength in numbers.

>>1918989

I think a WAVES node would be more profitable to run in the long term, now that their fiat gateways will be starting.

>>1919001

If you've got WAVE to put on the table, I would be open to looking at a node there.

How much WAVE do you hold currently?

>>1919003

I have 1200 waves.

You need 10,000 to run a node.

>>1919013

I could muster up 2k WAVE based on current holdings I could liquidate. I would be able to do more, but I'm not willing to part with the PIVX I have saved.

>>1919013
What do you get for running a waves node? may turn in to a sweet investment if it ever takes off

>>1919074

I'm having trouble finding information on returns on a WAVES node.

PIVX is much easier to access and has an equal that I think will surpass WAVES as well.

Any other takers?

Would there be a minimum investment?

>>1919301

I'd like $500 a share, but I could do half shares at $250.

Twenty shares makes a node. I cover 3 shares.

File: Hitler on speed.webm (2MB, 500x375px) Image search: [Google]

2MB, 500x375px

>>1919304

Anon from the other thread here.
I could bring in 2 shares.

>>1919314

2 shares? Well hot damn, now we're talking.

That puts us at 5, 25% of the way there. I know there's gotta more people out there sick of losing their coins on shit stocks.

P.S. PIVX is trading below $1 right now, so shares of 500 PIVX are cheaper than $500 if purchased now.

Tfw only 2 btc of your 8 btc order @ 76k was filled yesterday

>>1919345

damn son, rough feel.

4 more shares and we're almost to 50% if you want to join us. if you're holding anyways, put your money to work.

What a great idea - send your money anonymously to some guy who will never pay you. But goys, wouldn't you rather contribute 1BTC to OP instead of those pesky altcoins? Be a good goy and invest in OP.

I'd buy a Masternode if i could afford one. 10k is way beyond my limit.

File: 1490190506836.jpg (974KB, 2000x2000px) Image search: [Google]

974KB, 2000x2000px

Pivx just broke 50 million marketcap.

These are the last days to buy Pivx pre 1 dollar!
Dont make the same mistake you did on BTC and ETH!

>>1919560
tfw i sold my 40k pivx i bought at 10cents for 40cents

Going to wait until Pivx's prices corrects

show me a smart contract and invite me to a test of said smart contract and im in 2 shares

File: pivx_master_node.jpg (81KB, 722x393px) Image search: [Google]

81KB, 722x393px

PIVX master nodes don't seem that profitable to me
http://178.254.23.111/~pub/DN/DN_masternode_payments_stats.html

>>1919573

I'll get to work on such a thing and repost on /biz/ if and when it can be done. I'm not as well versed in writing the contracts but I'll see what I can do to give people assurances.

>>1919581

A reliable 16.85% ROI each year in addition to PIVX continuing to grow in value is a very profitable investment.

I've never claimed this is a pump and dump path to riches, but to be honest that's just a fantasy that'll burn 9999/10000 people on /biz/.

Most people would kill for a 16.85% return on any other investment they could make that isn't a moonshot.

>>1919591

Have u tried staking your 1500 pivx?
Did you get some return?

>>1919591
well, when i held pivx i had 7k in stake and i got 70 piv in stake on 3 days. you have to do the math but im pretty sure its more profitable to use normal stake then MN for now..

>>1918912
>What do you need for a masternode?
>You need a physical and maintained system to run the masternode out of (Don't worry, I got that covered). As stated above, you need 10k PIVX.
>(((Don't worry, I got that covered)))
>put your shekels in my bank, goy, i got you covered

Am I reading this correctly?

>>1919772

thnx for the info, did you stop? Did u sell ur Pivx?
if so, why? Seems to me there is still a LOT of potential to increase in value.

>>1919796

yes i sold after the first pump around 0.5 usd, i bought in at 0.1 so i was pleased.

>>1919781
Yes. OP is trying to Jew us out of our coins.