Author

Topic: [ANN] HYPER ~ Game Currency ~MMOs ~Poker ~ 20+ Servers~ShapeShift.io ~RPG +More! - page 326. (Read 716749 times)

legendary
Activity: 1050
Merit: 1000
I was actually considering to hire multiple escrows, and give them a certain amount of HYPER each, to lower the risk of us getting scammed by any escrow.

Conversely, this also increases the risk that one of them would scam (as there is more chance one of them may be a scammer). Even if they had 100 000 HYPER each, this might be enough worth ruining a reputation for, before long. Interesting idea but I don't think we should do this personally. I'm going to look into some of the ideas suggested above. Anyone else is welcome to provide feedback / ideas.

Just a few random points:

*Make sure any ambiguity is eliminated from any contracts and/or agreements

*Contracts should only be month to month at max
(in crypto a month is comparable to years - also because of price volatility, whether that volatility is HYPER or BTC and it reduces exposure)

*Multipool - I believe this is a much better solution than any type of supposed "market maker", simply mine other profitable coins and dump them for btc then use that btc to buy up HYPER on the exchange. I am certain the majority of it could be automated (but would need to be randomized regarding the HYPER purchases so as not to negatively influence the market).

*Keep up the great work - turning a coin around after an intentional fud campaign is no easy task.

You sir, are amazing! That was the thing that was ticking me at the back of my head- a MultiPool! I tip my hat to you sir. We most definitely need a MultiPool once the PoW is over. The MultiPool will be able to carve deep holes into the measly sell walls that currently exist, and allow the freedom of more buy support (as well as promote confidence in value). This could work in sync with the market stabilization fund, as the fund will introduce big buy supports, and the MultiPool will get rid of the sell walls.
sr. member
Activity: 434
Merit: 250
I was actually considering to hire multiple escrows, and give them a certain amount of HYPER each, to lower the risk of us getting scammed by any escrow.

Conversely, this also increases the risk that one of them would scam (as there is more chance one of them may be a scammer). Even if they had 100 000 HYPER each, this might be enough worth ruining a reputation for, before long. Interesting idea but I don't think we should do this personally. I'm going to look into some of the ideas suggested above. Anyone else is welcome to provide feedback / ideas.

Just a few random points:

*Make sure any ambiguity is eliminated from any contracts and/or agreements

*Contracts should only be month to month at max
(in crypto a month is comparable to years - also because of price volatility, whether that volatility is HYPER or BTC and it reduces exposure)

*Multipool - I believe this is a much better solution than any type of supposed "market maker", simply mine other profitable coins and dump them for btc then use that btc to buy up HYPER on the exchange. I am certain the majority of it could be automated (but would need to be randomized regarding the HYPER purchases so as not to negatively influence the market).

*Keep up the great work - turning a coin around after an intentional fud campaign is no easy task.
legendary
Activity: 1232
Merit: 1000
Guys (and girls.. dunno if there are any, i doubt it)...

If you want to purchase a coin... put in a buy-order... especially with such large bid-ask spread. Better not to buy at ask-price... it might take a little while, but chances that ur buy order gets filled are rather big.

What happens if you don't?

1. Price-rise is not sustainable...
2. You are probably getting like 30% less coins as you would placing a buy-order...

Just trying to help... Trading is a game of patience.


 
legendary
Activity: 1134
Merit: 1118
You can't easy get 500,000 HYPER into 11 BTC right now. The entire BUY book on Bittrex is 2 BTC, and if someone was stupid enough to sell all the HYPER to get the BUY book cleaned they would simply crash the price and destroy the coin, especially as they wouldn't even have enough coins to clean the buy book. It would be much smarter for them to simply charge a fee over time and make profit from that as the coin value rises.

I've talked a little about this in IRC, it's a good place to debate this.
sr. member
Activity: 326
Merit: 250
HYPER 500,000 = 11 BTC = 7000$ is no small money, and anyone who has no likeness to entrust the unknown as there is no exchange of words given too risky. In business, no one would give forth such a sum without a real guarantee unfamiliar. I think if someone wants to manage this fund, it must reveal the real identity of the developers. And to conclude an agreement. So really take responsibility and not just the words of the collateral.
legendary
Activity: 1134
Merit: 1118
Instead of simply giving someone 500k HYPER, why not instead give them a contract with the interest for "x" number of years.  This will ensure they can't just drop it all on an exchange and would guarantee they continue to work for their interest Wink.

It would be wise to put something in writing via a legal contract and not rely on a series of PM's as an agreement.  Roll Eyes

Guys, I agree totally. That is why I am hesitant about sending an anonymous forum member the 500 000 HYPER for the development of our core MMO. You've inspired me to look into some other options, and anyone else is welcome to provide feedback / ideas regarding how management of the HYPER MMO Development fund should proceed.

At this moment in time there is no reason for someone to scam the 500,000 HYPER if they were given it - I can understand your concerns but only an idiot would get the 500,000 HYPER and then scam because a) that would effectively kill the price as 500,000 HYPER mysteriously vanishes, meaning you would make absolutely no profit and run your reputation, and b) it would be very difficult to dump that much HYPER at this point in time.
hero member
Activity: 686
Merit: 500
HYPER project manager and PR + GoldPieces [GP]
I was actually considering to hire multiple escrows, and give them a certain amount of HYPER each, to lower the risk of us getting scammed by any escrow.

Conversely, this also increases the risk that one of them would scam (as there is more chance one of them may be a scammer). Even if they had 100 000 HYPER each, this might be enough worth ruining a reputation for, before long. Interesting idea but I don't think we should do this personally. I'm going to look into some of the ideas suggested above. Anyone else is welcome to provide feedback / ideas.
hero member
Activity: 686
Merit: 500
HYPER project manager and PR + GoldPieces [GP]
Instead of simply giving someone 500k HYPER, why not instead give them a contract with the interest for "x" number of years.  This will ensure they can't just drop it all on an exchange and would guarantee they continue to work for their interest Wink.

It would be wise to put something in writing via a legal contract and not rely on a series of PM's as an agreement.  Roll Eyes

Guys, I agree totally. That is why I am hesitant about sending an anonymous forum member the 500 000 HYPER for the development of our core MMO. You've inspired me to look into some other options, and anyone else is welcome to provide feedback / ideas regarding how management of the HYPER MMO Development fund should proceed.
full member
Activity: 210
Merit: 100
HYPER is currently 101. places on the Crypto-Currency Market Capitalizations and the value increased by 21.48%!

The growth has begun! good work!


+1
sr. member
Activity: 326
Merit: 250
HYPER is currently 101. places on the Crypto-Currency Market Capitalizations and the value increased by 21.48%!

The growth has begun! good work!
legendary
Activity: 1050
Merit: 1000
I was actually considering to hire multiple escrows, and give them a certain amount of HYPER each, to lower the risk of us getting scammed by any escrow.
sr. member
Activity: 289
Merit: 250
Instead of simply giving someone 500k HYPER, why not instead give them a contract with the interest for "x" number of years.  This will ensure they can't just drop it all on an exchange and would guarantee they continue to work for their interest Wink.

It would be wise to put something in writing via a legal contract and not rely on a series of PM's as an agreement.  Roll Eyes
hero member
Activity: 480
Merit: 500
hero member
Activity: 686
Merit: 500
HYPER project manager and PR + GoldPieces [GP]
legendary
Activity: 1232
Merit: 1000
To be honest I am still hesitant to give anyone 500 000 HYPER (the main MMO development fund), but if that's what it takes to get HYPER back into orbit then so be it. I am still in discussion with a number of members about this and will have more updates soon.

Is getting TokyoGhetto back on board a possibility? Really, I know you've lost a lot of long-term PoS coin holders that he brought on. If you give them a reason to hold, they will. The rate on HYPER is comparable to other mid-level PoS coins and the daily compounding is interesting.

I dont know why you still want to bring him back. He didnt bring anyone, he just managed to get everyone away.

My involvement did bring people in. People who read this thread and people who read my HBN Journal. The second it was made public I was leaving, the price plummeted. Keep telling yourself I didn't bring people in, just know you are telling yourself lies.



I think you should go - it clear you're only interested in yourself especially since you chose to dump the coins as soon as they were given to you and NO ONE coin should be dependent on any single person.

we will find lots of others to support the coin.

I vote for you to be out of this coin and not involved.



I think, not from a coin valuable, secure that no what people say about it, it would be too dangerous. The true value of a coin behind the development team and the support of the community are jointly determined. Trust invested in it =
real value.

Exactly. Everyone is allowed to have an own opinion, but dont let it be dominated by personal conflicts. This is a coin with a clear goal: usage by games and the development of an own MMO. Every visible result that contributes to achieving this goal should be ur reason to invest in this coin.

There have been accusations, but i think it was never necessairy for all of this to get out of hand like this. Tokyoghetto had some valid arguments, but so did HYPERfuture. Hyperfuture reacted by promising full transparency of all the funds, which he already started with. Too bad it all got emotional and had to involve all this public mudthrowing.

This coins has actively achieved results considering media-coverage which other altcoins have never had. Besides the devs have been actively involved in sharing updates on how they are progressing.

They even took time to personally message community members to inform them about news. I have faith in the dev team and a good end to this project.
legendary
Activity: 1232
Merit: 1000
To be honest I am still hesitant to give anyone 500 000 HYPER (the main MMO development fund), but if that's what it takes to get HYPER back into orbit then so be it. I am still in discussion with a number of members about this and will have more updates soon.

Is getting TokyoGhetto back on board a possibility? Really, I know you've lost a lot of long-term PoS coin holders that he brought on. If you give them a reason to hold, they will. The rate on HYPER is comparable to other mid-level PoS coins and the daily compounding is interesting.

I dont know why you still want to bring him back. He didnt bring anyone, he just managed to get everyone away.

My involvement did bring people in. People who read this thread and people who read my HBN Journal. The second it was made public I was leaving, the price plummeted. Keep telling yourself I didn't bring people in, just know you are telling yourself lies.



I think you should go - it clear you're only interested in yourself especially since you chose to dump the coins as soon as they were given to you and NO ONE coin should be dependent on any single person.

we will find lots of others to support the coin.

I vote for you to be out of this coin and not involved.



I sold my coins so what? I wasn't obligated to keep them. Tell me where it says I am not allowed to sell my coins. I didn't dump I sold at a single price to a single person. I already provided proof of that. The rest of the market dumped when they found out I was no longer involved.

You say NO ONE coin should be dependent on any single person, but yet you guys are all depending on Hyperfuture to deliver. His lack of action caused people to panic dump at low prices, causing them to lose a whole bunch of BTC.

sr. member
Activity: 326
Merit: 250
To be honest I am still hesitant to give anyone 500 000 HYPER (the main MMO development fund), but if that's what it takes to get HYPER back into orbit then so be it. I am still in discussion with a number of members about this and will have more updates soon.

Is getting TokyoGhetto back on board a possibility? Really, I know you've lost a lot of long-term PoS coin holders that he brought on. If you give them a reason to hold, they will. The rate on HYPER is comparable to other mid-level PoS coins and the daily compounding is interesting.

I dont know why you still want to bring him back. He didnt bring anyone, he just managed to get everyone away.

My involvement did bring people in. People who read this thread and people who read my HBN Journal. The second it was made public I was leaving, the price plummeted. Keep telling yourself I didn't bring people in, just know you are telling yourself lies.



I think you should go - it clear you're only interested in yourself especially since you chose to dump the coins as soon as they were given to you and NO ONE coin should be dependent on any single person.

we will find lots of others to support the coin.

I vote for you to be out of this coin and not involved.



I think, not from a coin valuable, secure that no what people say about it, it would be too dangerous. The true value of a coin behind the development team and the support of the community are jointly determined. Trust invested in it =
real value.
hero member
Activity: 686
Merit: 500
HYPER project manager and PR + GoldPieces [GP]
To be honest I am still hesitant to give anyone 500 000 HYPER (the main MMO development fund), but if that's what it takes to get HYPER back into orbit then so be it. I am still in discussion with a number of members about this and will have more updates soon.

Is getting TokyoGhetto back on board a possibility? Really, I know you've lost a lot of long-term PoS coin holders that he brought on. If you give them a reason to hold, they will. The rate on HYPER is comparable to other mid-level PoS coins and the daily compounding is interesting.

I don't think this would be well received by key members of the HYPER community. HYPER will succeed based on its own merits, as the first PoS coin with a diverse ecosystem backing it, and unprecedented projects such as the space based MMO currently in development.

EDIT: There was a time when what you suggest may have been possible - but I don't think it is possible now after what has transpired. HYPER got pumped because it hit BIttrex. Not because of we all know who.
sr. member
Activity: 266
Merit: 250
To be honest I am still hesitant to give anyone 500 000 HYPER (the main MMO development fund), but if that's what it takes to get HYPER back into orbit then so be it. I am still in discussion with a number of members about this and will have more updates soon.

Is getting TokyoGhetto back on board a possibility? Really, I know you've lost a lot of long-term PoS coin holders that he brought on. If you give them a reason to hold, they will. The rate on HYPER is comparable to other mid-level PoS coins and the daily compounding is interesting.

I dont know why you still want to bring him back. He didnt bring anyone, he just managed to get everyone away.

My involvement did bring people in. People who read this thread and people who read my HBN Journal. The second it was made public I was leaving, the price plummeted. Keep telling yourself I didn't bring people in, just know you are telling yourself lies.



I think you should go - it clear you're only interested in yourself especially since you chose to dump the coins as soon as they were given to you and NO ONE coin should be dependent on any single person.

we will find lots of others to support the coin.

I vote for you to be out of this coin and not involved.

legendary
Activity: 1232
Merit: 1000
To be honest I am still hesitant to give anyone 500 000 HYPER (the main MMO development fund), but if that's what it takes to get HYPER back into orbit then so be it. I am still in discussion with a number of members about this and will have more updates soon.

Is getting TokyoGhetto back on board a possibility? Really, I know you've lost a lot of long-term PoS coin holders that he brought on. If you give them a reason to hold, they will. The rate on HYPER is comparable to other mid-level PoS coins and the daily compounding is interesting.

I dont know why you still want to bring him back. He didnt bring anyone, he just managed to get everyone away.

My involvement did bring people in. People who read this thread and people who read my HBN Journal. The second it was made public I was leaving, the price plummeted. Keep telling yourself I didn't bring people in, just know you are telling yourself lies.

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