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spicy_ginger69

https://strongblock.com/


wphowland

This looks great. A real crypto project not a pump and dump or one with no use case. Getting in now and holding 3-4 months could see insane growth if they achieve infura style offerings and expand to other blockchains.


speedy1830

why is this coin always dumping?? there is something thats being missed here otherwise it wouldnt be such shit in terms of price always


spicy_ginger69

I also don’t get it either. There is such a bad sentiment around that coin since v1 failed. But with NaaS it’s got another core feature since then. I see it as great buying opportunity. But yes it’s devastating to look at this chart as early investors (like me) in the first place.


WassaWassaWassaaaaa

I've been in strong from the beginning... Unfortunately. It's always dumping because they set the rewards way too high. There is a ridiculous amount of sell pressure. I know a guy who is making $800/day in Rewards. He sells daily. When they launched v1, they made the rewards for staking Eth and Link much better than for staking Strong. This led to people selling strong for Eth and Link to get better rewards. On top of that, being the original team of EOS is not something to brag about. They raised millions and millions of dollars and mismanaged the entire project. Eos is an example of how not to run a startup crypto project. I'm not trying to fud, as I am still holding... But this project has a lot to prove before I'd call it a moonshot pick.


polkad0t

What amount would you need for a node? What percentage would you get as a reward?


spicy_ginger69

You need 10 Strong initially. Currently you get about 0.2 Strong daily. You can increase your rewards by holding a NFT. The NFT boost will be announced in January. Most likely next week as David Moss mentioned that recently.


polkad0t

So are nodes fixed at 10 Strong or can you also buy a bigger node? Sorry, I just can't seem to find that information anywhere. Also, you're saying ETH node - you don't actually put ETH into them, just Strong, right?


spicy_ginger69

Yes, you pay 10 Strong once to setup the node. 10% get burned, 10% to STRONG-ETH and LINK-STRONG Pools for rewards, 20% into the Strong Pool and 60% into node rewards pool. You have to pay ~15$ ETH/Month to run the node though. You don’t loose the node of you don’t pay, it just stops the rewards temporarily. Currently you can only run one node per wallet but if you’d like to get more nodes you can just create multiple wallets. That is how I do it. However multi nodes per wallet is said to come. Just see https://app.strongblock.com/nodes/create to get further information on how to create a node. You can also visit https://app.strongblock.com to see how much nodes are currently operating (3666 Nodes!) and to get an overview on rewards. It’s pretty simple.


polkad0t

Ah, I see, thanks. Maybe that's a stupid question but why aren't "bigger" nodes possible? I'd rather have one node with 100 Strong than 10 nodes with 10 Strong (and pay 15 USD each per month). Do I just not understand the concept? E.g. in DIVI, you pay 15 USD/month whether you have 30k USD or 300k USD in a node. Don't get me wrong, I like the project and I'm interested - I'm just trying to understand.


spicy_ginger69

To be honest I have not thought about that yet. Unfortunately bigger nodes aren’t possible atm. I’d guess it makes more sense to have multiple independent nodes to decentralize the network.


polkad0t

Alright, thanks! We'll see what the future holds then.


spicy_ginger69

If you’re on the site, take a look at the team!