- I just also want to emphasize the same flux and equilibrium will also happen with masternodes if reward distribution is weighted to nodes.
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Additional rewards attract investment and the number of nodes increases.
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As more nodes come on line, APR will reduce. For example, lets say from 20% back down to around 11-15%.
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The masternode network will become larger and more resilient, and the most critical aspect of Firo’s security will be hardened.
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A side effect of increased masternode demand, is increased demand for Firo. Existing node owners will also be less likely to sell nodes during periods of price appreciation. As increased demand and reduced sell pressure collide, this will increase the price of Firo.
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As the community sees this price appreciation, and attributes it to the fundamental changes (as well as impressive Dev progress), they will feel more confident about the project as a whole, and will be less likely to sell.
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The project will attract network growth as new users see potential in the project. This further places demand on Firo and supports price. This further increases confidence for all involved in Firo. From the nodes, the miners and the holders. As well as appearing much more attractive to the wider 3rd party infrastructure. i.e. wallets, exchanges, other chains and bridges.
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With a higher Firo price comes a higher Dev budget. With a higher Dev budget comes accelerated development, accelerated opportunities for collaborations. Again it will also attract additional network growth as new users become exposed to the joys of Firo’s impressive technology.
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The above will continue to feed into a positive feedback loop. We have a shot of making it into the big leagues. Confidence begets confidence and the project with its current great leadership will only continue to grow.
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Then comes the inevitable crash. It’s going to happen, make no mistake about it. However I damn well would prefer we have an epic crash from $300 to $30, than remain at $3.
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With the epic crash, comes the smart money. The type that see value and long term opportunity. Slowly but surely price will begin to climb again.
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Lastly with such overall community confidence (some such as like Bitcoin, will be declaring Firo dead) and longterm opportunity, I sure as shit will be holding all the way through. You see it’s easy to hold a coin you when you believe in its mission. It’s easier still when you are confident about its long term success.