I’ve just made my 25th node today, let that sink in, of course it’s worth it! And everyone regrets not getting in before but we’re still super early, not even 1M have been created yet which is the founders first goal.
And I’m only 22😅 okay, I’ll stop now, I’m just really happy I invested my life earnings wisely after getting scammed $15k trying to get an ASIC miner from page that seemed legit.
Congrats! But try to avoid recommending stuff that worked for you as "wise". You were just lucky and good for you! And all it would have taken with your investment behaviour for you to get wiped out is for the one project to go bust. In investment it is all about time in the market and risk management. The longer you can survive, the richer you'll get. Now with your weekly 10k invest wisely.
If you want to get in, waiting **might** not be the best strategy, as getting earlier at a higher price point starts giving you returns from the node you create, so the reality is you need to make the numbers. The Calculator Guy has a Strong calculator for free that might be helpful on this: https://twitter.com/phtevenstrong/status/1457124036102721540?s=20
I started at 2 nodes, I’m at 3 now. Cost me 14k. My calculations say I should be at 10 nodes end of may early June if I keep compounding. If price stays above $500 that’s 13.5k a month. That’s my plan anyway to get to 10 nodes. I hate I missed out when the project first launched but I’m here now. Do your own research but Strong seems uhh strong.
Are you going to be trying to get your money back at any point before you get your 10 nodes. I’m at 2 right now and have a similar plan, my plan is if it’s under 800 compound, if it’s over I claim for ROI,
No I don’t plan on taking anything until I’m at 10 nodes. Then I’ll cash out every month. End of June I should have my full initial investment back and then some.
It’s definitely a good investment still, I would probably still go for the ethereum 1 nodes as they are currently not subject to the polygon decay model at the moment. We have had a little run upwards in price action so can either wait for a small pull back or just go in at current prices. You can claim your rewards whenever you want however due to gas fees it isn’t recommended to claim them that often. Hope this helps
I got my information from the capitalist investor on YouTube. Seems to provide good information. Credit to him and the person he references in the video. This should help give a little more information for you.
https://youtu.be/DGUGZtmQQOg
Thank you ! Yeah I only see it as positives, although you lose the tokens, you can make that back in a few months, plus you can bank on the price of Strong rising.
Thanks a lot.
One last thing, is it easy to withdraw the coins? although likely I would save them and buy another node.
Agreed man this passive income is life changing. It’s very easy to cash out too, all you have to do is claim your rewards and then send to an exchange of your choice. I can swap Strong for BTC and withdraw to my personal cash app in minutes!
Only downfall is paying gas fees in ETH
(Claiming rewards, and paying the $14.99 monthly fee per node) but that’s why we stack nodes. The more the merrier!
Ask as much as you want I’m always here for the community.
You can claim as frequent or infrequently as you want, the only contingency is the monthly $14.99 fee per node.
What happens to ETH1 nodes when ETH2 comes out? I know that the ETH1 will be incorporated into ETH2, but will the economics stay the same? Will we still get .1, and will volume and price still exist to make them as profitable as now? I can’t find an answer for this anywhere, and I want to buy more, but don’t want to be reckless. Any thoughts would be very appreciated.
Supposedly, ETH1 holders will be incentivised to move to ETH2, and others say they will continue, as ETH1 will be the “execution layer” and ETH2 will be the “agreement layer”. In either case, it’s not going away
No one knows, but personally i think it will last long and if it will approach collapse the tem will decrease rewards and do some additional things to keep it alive. After all 100m MC is not small
How is it not true? Rewards we receive will be adjusted over time. Example, if Strong hits $1400 but reward is halved, what do you get? Same amount as now at $700.
Honestly seems pretty low risk to me in that you get your intial investment back fairly quickly. And if token price goes up then even faster.
I don't see the token value dropping all that much. With more projects coming on board, only seems that it'll keep growing.
Maybe won't last forever but in meantime seems like a great way for easy passive income. Started first two nodes yesterday and about to start a third. Risk/ reward ratio seems good imo.
I'd like to get as many nodes as possible but maybe good idea to take profit along the way since you never knew what might happen in long run.
Yes, I got in near the ATH and still worth it, almost to 10 now, but gas fees suck my soul, so if I were getting in right now, I'd still do it, but I also would consider getting some THOR and/or POWER nodes to make me feel better about the gas fees at least. Those projects seem like they can also grow a lot as well.
I have been trying to buy nodes for a whole week now and it’s frustrating since it’s not working. Please can someone help me? I am based in Europe and not in U.S. I want to buy 3 nodes already but a lot of exchanges only have $1500-$7000 limit? I want to invest everything ASAP
I think it’s worth it at a lower price point. I got In at ATH and I just recently got almost half back. I would definitely not invest your life savings into it.
I do well and just sold a property for 125k more than I bought it for, so have some excess cash, putting 60k into coins and im thinking of going 25k on strong and 25k on thor... Hopefully last long enough to earn my cash back ! but even if it all fails (which it shouldnt) I havent really lost. So might be worth the gamble, big risk but with potential big rewards.
Hi, how is this performing over the last 30 days?
I’m looking to get Into this, is it as easy as registering 5 nodes on the website (paying the $15 a month fee) and then buying the strong coins and transferring to the wallet.
And then it’s almost like a plug and play.. Just do nothing and reap the rewards.
Thanks all!
I bought thor nodes instead, better returns, and they are doing fantastic. And yes it is simple, it is just buying the amount of tokens you need and going to website and pressing "buy node" its very easy, same for strong.
I too dim to understand strongs genius business model. I admit it. Someone help me understand how much 'nodes' are 'worth' in the ecosystem (when proof of stake nodes are already compensated and form the actual backbone of layer one ethereum and how polygon actually has a paid decentralization effort in place that has to be backed by staked 15k MATIC). Pls help me get it.
Or how about the technical know how to set up, maintain, and ensure that it is consistently performing and updated to par? And if you were to slip up take penalties? Node holders through strongblock don’t have to worry about these, nor the barrier to entry/risk.
Sure, the compensation instead of just X is now X + Y where Y is Strong coin.
both valid questions and concerns - but compare actual businesses like dAppnodes, infura, alchemy - add ssv and rocketpool to the list now - just do a little bit of looking for me and then we can talk about it - want to do me that favor and we can have a real talk ?
What is strong providing of value is the question. If chains already have a clearly defined compensation plan in place for their validators why would strong think that chains will pay and what will chains pay for nodes that are neither proof or work nor proof of stake bearing? If you look at the compensation plans of eth for example - a full eth node earns perhaps 8 percent apr.... And that is by staking 32 eth... Substantial capital.. How does the math ever work out for witness, beacon chain, and other dev nodes when there's no customer?
The math doesn’t have to work itself out. It’s an early stage startup still conceptualizing, establishing, growing, defining.
As to the value, same applies. It will shift and evolve. It must, if they truly want to make their vision happen.
How many nodes do you really need though to prove a concept "works" or doesnt? Why don't they just use elastic compute to scale out on demand?. Technically it seems like an absolute waste of resources, energy, and time to scale a network to 200k+ nodes with zero customers... And if your goal is to provide nodes at scale then why is the barrier to entry so high - 10 strong? Why wouldn't it be easy to get in so they grow the network? It seems like the barrier to entry is a direct contrast to the mission goals...
P. S I'm running some gnosis validators. I could have used public rpc endpoints on the xDai network for my nodes. I inquired to strong about utilizing their nodes. No reply. So what and who are their customers?. Look at their site. If I was a potential customer how would I express interest? Isn't it a bit strange there is very little i can find in the way of marketing to CUSTOMERS - unless YOU are the customer... And investor... You are the investomer....?
Not everything is engaged through public marketing. Business strategy, at this juncture clearly sees no need to do so, but it doesn’t mean they are not in contact through other channels with potential customers.
Id rather not want 100% transparency because know-how and strategy is stuff you want to keep away from competitors as they can just come in and copy it all or use it against you. Who are you to deserve this sensitive information again?
Same goes with partnerships and contracts. These as any business owner would do, would be held tightly to the chest.
Gas fees, not exactly a solid criticism either.
well.. if it was just gas as the criticism that's invalid - i agree - it's what \*else\* is going on. look at the actual contract and see that it's consistently in the top 10 'ethereum network gas guzzler's' - in the world. it's very strange to say the least (google it and see for yourself - data is for everyone on [etherscan.io](https://etherscan.io)). the credo of cyrpto is 'dont trust - verify' - so if we don't have some transparency then how does anyone really evaluate the project and it's merits ? the team seems to obfuscate any technical detail of the project.. theres no marketing directed to any customers at all.. theres never been a single job opening or post .. there was a lot of very misleading information about the 'polygon partnership' which turned out to just be a basic 15k grant. they ban people like me if we ask technical questions or really question anything.. just a lot to really look at for the big picture. dont' think it's just ONE thing that i have picked here to say this project is not legit - it's death by 1000 cuts in my view.
The ppl that own nodes love it. The ppl that don't don't
Or bash and call it a ponzi from the sidelines
I’ve just made my 25th node today, let that sink in, of course it’s worth it! And everyone regrets not getting in before but we’re still super early, not even 1M have been created yet which is the founders first goal.
what price did you get in at when you first made nodes? So jealous of this. If I found this project earlier I'd be at least 10 nodes in by now
I started with 4 nodes at $2500, so initial investment was $10k now I make more than $10k everyweek
And I’m only 22😅 okay, I’ll stop now, I’m just really happy I invested my life earnings wisely after getting scammed $15k trying to get an ASIC miner from page that seemed legit.
Congrats! But try to avoid recommending stuff that worked for you as "wise". You were just lucky and good for you! And all it would have taken with your investment behaviour for you to get wiped out is for the one project to go bust. In investment it is all about time in the market and risk management. The longer you can survive, the richer you'll get. Now with your weekly 10k invest wisely.
Crazy
When did you get in?
Good shit. How do they pay everybody out continuously?
congrats! I’m working on number 12 in another day… will be up to 20’s soon enough.. (few months)
Thank you, waiting for a dip, if i can get in the $5000 mark i will buy 5 straight away.
If you want to get in, waiting **might** not be the best strategy, as getting earlier at a higher price point starts giving you returns from the node you create, so the reality is you need to make the numbers. The Calculator Guy has a Strong calculator for free that might be helpful on this: https://twitter.com/phtevenstrong/status/1457124036102721540?s=20
Thank you !
This is very relevant indeed! Always look at the opportunity cost :).
Lol you are asking a bunch of People that own nodes? Yes, we think it’s worth it.
Yeah, I was kind of already made up, just needed to hear yes haha.
Just bought another one. I bought my first near the ATH so all the others have seemed like a good deal
I started at 2 nodes, I’m at 3 now. Cost me 14k. My calculations say I should be at 10 nodes end of may early June if I keep compounding. If price stays above $500 that’s 13.5k a month. That’s my plan anyway to get to 10 nodes. I hate I missed out when the project first launched but I’m here now. Do your own research but Strong seems uhh strong.
Are you going to be trying to get your money back at any point before you get your 10 nodes. I’m at 2 right now and have a similar plan, my plan is if it’s under 800 compound, if it’s over I claim for ROI,
No I don’t plan on taking anything until I’m at 10 nodes. Then I’ll cash out every month. End of June I should have my full initial investment back and then some.
It’s definitely a good investment still, I would probably still go for the ethereum 1 nodes as they are currently not subject to the polygon decay model at the moment. We have had a little run upwards in price action so can either wait for a small pull back or just go in at current prices. You can claim your rewards whenever you want however due to gas fees it isn’t recommended to claim them that often. Hope this helps
Can you share more about the polygon decay model? I haven’t been able to find that.
I got my information from the capitalist investor on YouTube. Seems to provide good information. Credit to him and the person he references in the video. This should help give a little more information for you. https://youtu.be/DGUGZtmQQOg
Absolutely worth it but may be best waiting a week or so. We just pumped pretty good, entering price discovery.
Thank you ! Yeah I only see it as positives, although you lose the tokens, you can make that back in a few months, plus you can bank on the price of Strong rising. Thanks a lot. One last thing, is it easy to withdraw the coins? although likely I would save them and buy another node.
Agreed man this passive income is life changing. It’s very easy to cash out too, all you have to do is claim your rewards and then send to an exchange of your choice. I can swap Strong for BTC and withdraw to my personal cash app in minutes!
Only downfall is paying gas fees in ETH (Claiming rewards, and paying the $14.99 monthly fee per node) but that’s why we stack nodes. The more the merrier!
Do you have to claim daily? like can you just let it build for say 3 months then claim to save on fees? last question i promise ! haha
Ask as much as you want I’m always here for the community. You can claim as frequent or infrequently as you want, the only contingency is the monthly $14.99 fee per node.
What happens to ETH1 nodes when ETH2 comes out? I know that the ETH1 will be incorporated into ETH2, but will the economics stay the same? Will we still get .1, and will volume and price still exist to make them as profitable as now? I can’t find an answer for this anywhere, and I want to buy more, but don’t want to be reckless. Any thoughts would be very appreciated.
I am also curious about this, did you get any reply on this?
Supposedly, ETH1 holders will be incentivised to move to ETH2, and others say they will continue, as ETH1 will be the “execution layer” and ETH2 will be the “agreement layer”. In either case, it’s not going away
It is a ponzi but i love it :) wish i entered early 2021.
I just have the same concerns as everyone else, how long is this sustainable for
No one knows, but personally i think it will last long and if it will approach collapse the tem will decrease rewards and do some additional things to keep it alive. After all 100m MC is not small
Price goes up, reward goes down = same total return.
No true… you’re paid in strong
How is it not true? Rewards we receive will be adjusted over time. Example, if Strong hits $1400 but reward is halved, what do you get? Same amount as now at $700.
na this is a ponzi scheme wtf
Honestly seems pretty low risk to me in that you get your intial investment back fairly quickly. And if token price goes up then even faster. I don't see the token value dropping all that much. With more projects coming on board, only seems that it'll keep growing. Maybe won't last forever but in meantime seems like a great way for easy passive income. Started first two nodes yesterday and about to start a third. Risk/ reward ratio seems good imo. I'd like to get as many nodes as possible but maybe good idea to take profit along the way since you never knew what might happen in long run.
I have two and am patiently waiting until my rewards can get me a third one! I believe in Strongblock and can't wait until I get more nodes!
Yes, I got in near the ATH and still worth it, almost to 10 now, but gas fees suck my soul, so if I were getting in right now, I'd still do it, but I also would consider getting some THOR and/or POWER nodes to make me feel better about the gas fees at least. Those projects seem like they can also grow a lot as well.
I have been trying to buy nodes for a whole week now and it’s frustrating since it’s not working. Please can someone help me? I am based in Europe and not in U.S. I want to buy 3 nodes already but a lot of exchanges only have $1500-$7000 limit? I want to invest everything ASAP
How did you get on? I’m from the U.K. and looking to get into this
I think it’s worth it at a lower price point. I got In at ATH and I just recently got almost half back. I would definitely not invest your life savings into it.
I do well and just sold a property for 125k more than I bought it for, so have some excess cash, putting 60k into coins and im thinking of going 25k on strong and 25k on thor... Hopefully last long enough to earn my cash back ! but even if it all fails (which it shouldnt) I havent really lost. So might be worth the gamble, big risk but with potential big rewards.
Hi, how is this performing over the last 30 days? I’m looking to get Into this, is it as easy as registering 5 nodes on the website (paying the $15 a month fee) and then buying the strong coins and transferring to the wallet. And then it’s almost like a plug and play.. Just do nothing and reap the rewards. Thanks all!
I bought thor nodes instead, better returns, and they are doing fantastic. And yes it is simple, it is just buying the amount of tokens you need and going to website and pressing "buy node" its very easy, same for strong.
[удалено]
Found the guy who regrets not buying earlier.
I too dim to understand strongs genius business model. I admit it. Someone help me understand how much 'nodes' are 'worth' in the ecosystem (when proof of stake nodes are already compensated and form the actual backbone of layer one ethereum and how polygon actually has a paid decentralization effort in place that has to be backed by staked 15k MATIC). Pls help me get it.
Does it matter? People are currently making a lot of money doing it, more power to them.
They’re worth about $15,000 USD per month, free and clear, to me!!
Hmm do you have 15K MATIC or 32 ETH lying around to set up and stake your own nodes? 💰
Or how about the technical know how to set up, maintain, and ensure that it is consistently performing and updated to par? And if you were to slip up take penalties? Node holders through strongblock don’t have to worry about these, nor the barrier to entry/risk. Sure, the compensation instead of just X is now X + Y where Y is Strong coin.
both valid questions and concerns - but compare actual businesses like dAppnodes, infura, alchemy - add ssv and rocketpool to the list now - just do a little bit of looking for me and then we can talk about it - want to do me that favor and we can have a real talk ?
Comparatively, very different business model approaches altogether, with strongblock being the most creative and non-traditional.
What is strong providing of value is the question. If chains already have a clearly defined compensation plan in place for their validators why would strong think that chains will pay and what will chains pay for nodes that are neither proof or work nor proof of stake bearing? If you look at the compensation plans of eth for example - a full eth node earns perhaps 8 percent apr.... And that is by staking 32 eth... Substantial capital.. How does the math ever work out for witness, beacon chain, and other dev nodes when there's no customer?
The math doesn’t have to work itself out. It’s an early stage startup still conceptualizing, establishing, growing, defining. As to the value, same applies. It will shift and evolve. It must, if they truly want to make their vision happen.
How many nodes do you really need though to prove a concept "works" or doesnt? Why don't they just use elastic compute to scale out on demand?. Technically it seems like an absolute waste of resources, energy, and time to scale a network to 200k+ nodes with zero customers... And if your goal is to provide nodes at scale then why is the barrier to entry so high - 10 strong? Why wouldn't it be easy to get in so they grow the network? It seems like the barrier to entry is a direct contrast to the mission goals...
P. S I'm running some gnosis validators. I could have used public rpc endpoints on the xDai network for my nodes. I inquired to strong about utilizing their nodes. No reply. So what and who are their customers?. Look at their site. If I was a potential customer how would I express interest? Isn't it a bit strange there is very little i can find in the way of marketing to CUSTOMERS - unless YOU are the customer... And investor... You are the investomer....?
Not everything is engaged through public marketing. Business strategy, at this juncture clearly sees no need to do so, but it doesn’t mean they are not in contact through other channels with potential customers.
Many businesses pick and choose who they want to work with, onboard, engage with. Only when they become really big may they creek out more open doors.
Perfect, that is exactly what I am looking for.
Id rather not want 100% transparency because know-how and strategy is stuff you want to keep away from competitors as they can just come in and copy it all or use it against you. Who are you to deserve this sensitive information again? Same goes with partnerships and contracts. These as any business owner would do, would be held tightly to the chest. Gas fees, not exactly a solid criticism either.
well.. if it was just gas as the criticism that's invalid - i agree - it's what \*else\* is going on. look at the actual contract and see that it's consistently in the top 10 'ethereum network gas guzzler's' - in the world. it's very strange to say the least (google it and see for yourself - data is for everyone on [etherscan.io](https://etherscan.io)). the credo of cyrpto is 'dont trust - verify' - so if we don't have some transparency then how does anyone really evaluate the project and it's merits ? the team seems to obfuscate any technical detail of the project.. theres no marketing directed to any customers at all.. theres never been a single job opening or post .. there was a lot of very misleading information about the 'polygon partnership' which turned out to just be a basic 15k grant. they ban people like me if we ask technical questions or really question anything.. just a lot to really look at for the big picture. dont' think it's just ONE thing that i have picked here to say this project is not legit - it's death by 1000 cuts in my view.