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Topic: Bottlecaps 2.1 UPDATE REQUIRED - HARDFORK JULY 4 2014 to 200% Annual PoS - page 84. (Read 388610 times)

legendary
Activity: 1154
Merit: 1001
[...]
Re: CrazyLoaf.  The abruptness of the about-face on HBN and CAPs, the large dumps  to shake confidence and the level at which he now puts down HBN and CAPs are bit odd.  Add to that to timing that David Latapie just sold a large amount of HYP off market and under value to a special friend of HYP.  Nice little bonus for promoting HYP and putting down HYP CAPs and TEK maybe?  That's right out of the XMR handbook, it wouldn't surprise me at all.

Hi there Hilux74.
I don't want to add to any possible FUD or step into anyone's toes, but seeing as I was at the receiving end of that OTC reference with David Latapie, I figured I should just make a quick clarification post.

The 1st ever OTC transaction at ##Hyperstake-OTC was between David & myself. Nothing funny going on, I negotiated with David on a value lower than present day exchange rate, but higher than the exchange rate just 2 or 3 days before. My gist of my argument was that I have grown a lot of interest to HYP, and will remain a long term holder. The HYP side of this transaction is transparent, as I have my address recorded on the HYP rich list.

Please understand that this response is purely motivated out of my respect for both David & CrazyLoaf, and I will not be monitoring this thread for possibly responses.

By all means carry on, be nice all!
Cheers,
~ Myagui
sr. member
Activity: 371
Merit: 250
CrazyLoaf sold his whole CAP stash (almost 200k). I hope that price will rise back to 3k.

Yeah, I'm sure I was the whole reason the CAP's price has been low... Roll Eyes

Caps is fine - kids like fast fast money.

we all know this.

kids kids kids fast fast fast money.

always later.

I lost lost lost , i'm sad sad sad.

: ( : ( : (

me to them:

: D : D : D  <(pointing)

 Roll Eyes Roll Eyes Roll Eyes
hero member
Activity: 658
Merit: 503
Monero Core Team
Re: CrazyLoaf.  The abruptness of the about-face on HBN and CAPs, the large dumps  to shake confidence and the level at which he now puts down HBN and CAPs are bit odd.  Add to that to timing that David Latapie just sold a large amount of HYP off market and under value to a special friend of HYP.  Nice little bonus for promoting HYP and putting down HYP CAPs and TEK maybe?  That's right out of the XMR handbook, it wouldn't surprise me at all.
FUD better.

I always liked the CAP community. Don't make me regret it.
(Hypnotique, is that you?)
legendary
Activity: 912
Merit: 1000
CrazyLoaf sold his whole CAP stash (almost 200k). I hope that price will rise back to 3k.

Every Seller needs a Buyer. The way I see it is 3% of total supply has been sold into the market in the past week by an individual. If someone dropped 3% of BTC into the market over the course of one week the market would shat upon itself. While BTC is testing lows and most of the Altcoin market is hemorrhaging 200k CAP found their way into wallets by those who see a future for BottleCaps. BottleCaps are coming up on day FIVE HUNDRED of Proof of Work; visualize a longer time horizon.

Well said. 

The nice thing was that 200K was eaten up with not too much damage to the CAPs price, ~0.00003 to ~0.000026.  HBN and TEK took a harder hit.

Re: CrazyLoaf.  The abruptness of the about-face on HBN and CAPs, the large dumps  to shake confidence and the level at which he now puts down HBN and CAPs are bit odd.  Add to that to timing that David Latapie just sold a large amount of HYP off market and under value to a special friend of HYP.  Nice little bonus for promoting HYP and putting down HYP CAPs and TEK maybe?  That's right out of the XMR handbook, it wouldn't surprise me at all.
full member
Activity: 152
Merit: 100
CrazyLoaf sold his whole CAP stash (almost 200k). I hope that price will rise back to 3k.

Every Seller needs a Buyer. The way I see it is 3% of total supply has been sold into the market in the past week by an individual. If someone dropped 3% of BTC into the market over the course of one week the market would shat upon itself. While BTC is testing lows and most of the Altcoin market is hemorrhaging 200k CAP found their way into wallets by those who see a future for BottleCaps. BottleCaps are coming up on day FIVE HUNDRED of Proof of Work; visualize a longer time horizon.
sr. member
Activity: 371
Merit: 250
digitalindustry - How do You think...What should be the next step to move CAP forward ?
sr. member
Activity: 371
Merit: 250
CrazyLoaf sold his whole CAP stash (almost 200k). I hope that price will rise back to 3k.

Yeah, I'm sure I was the whole reason the CAP's price has been low... Roll Eyes

Maybe not/yes...But killing huge buy walls won't help at all...
hero member
Activity: 798
Merit: 1000
‘Try to be nice’
CrazyLoaf sold his whole CAP stash (almost 200k). I hope that price will rise back to 3k.

Yeah, I'm sure I was the whole reason the CAP's price has been low... Roll Eyes

Caps is fine - kids like fast fast money.

we all know this.

kids kids kids fast fast fast money.

always later.

I lost lost lost , i'm sad sad sad.

: ( : ( : (

me to them:

: D : D : D  <(pointing)
hero member
Activity: 798
Merit: 1000
‘Try to be nice’
Added Caps to my now extensive Investment Blog here - https://cryptocointalk.com/topic/20963-the-oracle-of-crypto-digitalindustry-trading-investing-fundamentals-advice/

Will not update here on Bitcontalk. - Twitter exposure to CCT is much larger than BitCOntalk.

resulting in the fact that BCT ends up being a "cirlce jerk" but it is still good for some Quality developers (like Tranz) (Bitfreak+ coder) (etc)  


Summary is

CAPs is a Buy (anywhere up to 10,000 sat)

Updated index to BCN - http://bravenewcoin.com/price/price-index/  < easy best index around.

I was right on Bitcoin and many others -

join up CCT with Twitter and follow me on @Kolin_Quark



 
sr. member
Activity: 371
Merit: 250
CrazyLoaf sold his whole CAP stash (almost 200k). I hope that price will rise back to 3k.
full member
Activity: 216
Merit: 100
There is something wrong with Caps explorer http://cap.cryptocoinexplorer.com/. It is showing wrong amount on my adr.
Adr. F3Yjy8peDRasTP1TCBWKen6hsNcJdhr6xP. It is showing 31652 Caps while I have 28040 in my wallet Huh Huh Huh

Same here, it shows a little more than there actually is in my wallet. Maybe the CCE-dev could check it out? It's not a big diff but it's nice when it's corresponds. As far as I remember it has something to do with orhan blocks. Not sure there.



Again,

There can be differences between what a wallet reports and what the explorer states.

A coin wallet uses hidden addresses and negative values to display amounts. The explorer adds/subtracts from actual transactions it sees on the network.

It is not unusual for them not to match.


I'd say it cannot account for the differences some people experience. In my case CCE always shows an exact amount of Cap too much. (couple of 1000). But whats more, when I check

http://cap.blockx.info/richlist/

I see the right amount which corresponds with my wallet. So maybe you could check it again? I wouldn't be surprised if you find orphan blocks that account for the experienced differences. If I am not wrong, it started close to the roll back we had soon after the July hard fork. (But of that I am not sure though.)

Thanks for your trouble!

legendary
Activity: 1064
Merit: 1000
There is something wrong with Caps explorer http://cap.cryptocoinexplorer.com/. It is showing wrong amount on my adr.
Adr. F3Yjy8peDRasTP1TCBWKen6hsNcJdhr6xP. It is showing 31652 Caps while I have 28040 in my wallet Huh Huh Huh

Same here, it shows a little more than there actually is in my wallet. Maybe the CCE-dev could check it out? It's not a big diff but it's nice when it's corresponds. As far as I remember it has something to do with orhan blocks. Not sure there.



Again,

There can be differences between what a wallet reports and what the explorer states.

A coin wallet uses hidden addresses and negative values to display amounts. The explorer adds/subtracts from actual transactions it sees on the network.

It is not unusual for them not to match.


hero member
Activity: 798
Merit: 1000
‘Try to be nice’
No argument at all just a different point of view. We are of one mind on the wallet - I'd love to see function and form added to the wallet. Font Awesome is Open source scalable vector graphics - color can be manipulated by code - no 'hard' images to modify and icons can match any color theme. I LOVE the wallet! My favorite feature is that it's changed my behavior patterns; I dont check on the coin markets anymore - I dont even care what the CAP/BTC exchange rate is - High PoS has given me freedom to stick a reminder on my calendar to unlock my wallet for stake dates, multiply coin and then go back to my non-crypto life with even more BottleCaps, (Thank you Tranz!). I'm going to try the raspberry pi wallet next to further reduce wallet interaction.   

I apologize that my points of contention and descriptive language came across as confrontational. The year BottleCaps launched venture capital put $92 Million into BTC. This year VC has invested over $268 Million into Bitcoin. I've read every post in this thread and understand that the 'fallout' association is strong but I am not willing to believe that someone entering the Cryptocurrency space will seek out a 'coin' that reminds them of a steam game. I also do not believe that someone spending fiat on BTC will in turn seek out some nostalgic representation of the 50's - those present in the 50's are collecting social security and are into or entering retirement age. If my stockbroker or bank promised me a guaranteed 200% growth I would question the legality of it but here we have it in Proof of Stake. Independent of CAP/BTC value I see BottleCaps as a growth opportunity. I can build out hundreds of hypotheticals about the future of BTC and cryptocurrency in general but widespread public adoption is out on the horizon. The VC money is coming in, I see hints of general cultural awareness, and I continue to patiently increase my Coin.

only thing is though those guys may have well wiped their arse with that VC money as Bitcoin is about as good an investment as a floating turd (at this point)

I don't think anyone that would be interested in Caps would give a flying fuck about Bitcoin.

the idea that Crypto is a one horse game has flown out the window at this stage, i think only the poor fucks that purchased at around $1000 etc still believe that.

I can say without a doubt that Tranz alone has added innovation far in advance in function and design compared to Bitcoin and Caps alone is both economically and technically much more viable than Bitcoin.

So summary:

Bitcoin is a turd

Caps has a future.

so you made a good investment.

: D
legendary
Activity: 3052
Merit: 1053
bit.diamonds | uNiq.diamonds
High POS HBN-CAP-TEK-HYP Inflation update

So how are we doing inflation-wise in October? Are thing evolving as expected or not?

First HBN, 100% POS with POW.

Date       block           supply   Inflation
1-6-2014   898413   4629448   12,7%
1-7-2014   988559   5068546   9,5%
1-8-2014   1080369   5521192   8,9%
1-9-2014   1173120   5985846   8,4%
1-10-2014   1262548   6467925   8,1%
1-11-2014   1357005   6990000   8,1%

I couldn't catch the exact supply and rely on Tranz's estimation. It shows the lowest inflation of all which is quite stable as well. October shows no decrease though. Could be because staking efficiency has improved a bit since splitting and recombining level is raised to 5/10. Could also be because October has 31 days Smiley. We'll see what next month brings!


CAP, 200% POS with POW

Date       block           supply   Inflation
1-6-2014   476848   3680285   7,6%
1-7-2014   519426   4046888   10,0%
1-8-2014   565946   4812616   18,9%
1-9-2014   613331   5583618   16,0%
1-10-2014   662054   6367469   14,0%
1-11-2014   713617   7311008   14,8%

Quite steady as well, as mentioned before, rates rised after 4-7 hard fork but decreased al little soon after. Now we see a little increase. We have to await until next month to see if it's a new trend or not.


TEK, 500% POS with POW

Date       block           supply   Inflation
1-6-2014   382532   986066   37,9%
1-7-2014   425505   1349745   36,9%
1-8-2014   469608   1830289   35,6%
1-9-2014   514595   2113023   15,4%
1-10-2014   569714   2421990   14,6%
1-11-2014   621243   3138853   29,6%

As expected, TEK almost returned to pre-fork levels once more. The after-fork-simultaniously-staking pressure brought down the stake percentage quite strong but only temporarily as it now seems. It likely to assume that next month the inflation level is up and above 30% again.


HYP, 750% POS, no POW

Date       block   supply   Inflation
1-8-2014   44901   10557791   24,4%
1-9-2014   74355   14826453   40,4%
1-10-2014   103019   22309537   50,5%
1-11-2014   132376   34665433   55,4%

Last month shows an increase of the inflation of HYP. It only means the staking is getting more and more efficient and produces a stake ever closer to 1000 which is the max stake for this coin. Since the stake percentage isn't decreasing with stake weight, it's fair to assume that inflation will eventually level out and then decrease much like a POW-coin with a 1000 block-reward. The thing that really surprises me though, is the absence of strong price-erosion due to this enormous inflation thus producing an impressive market cap. A most interesting experiment indeed.





i wonder u dont list DMD Diamond when u compare the best POS coins to each other
full member
Activity: 216
Merit: 100
HYP: "The thing that really surprises me though, is the absence of strong price-erosion"

You must not be looking at the exchanges I'm looking at :|

To escape some of the volatility, I took more than just last week in consideration but you are quite right, it seems to start to erode after all.

full member
Activity: 297
Merit: 100
HYP: "The thing that really surprises me though, is the absence of strong price-erosion"

You must not be looking at the exchanges I'm looking at :|
full member
Activity: 216
Merit: 100
High POS HBN-CAP-TEK-HYP Inflation update

So how are we doing inflation-wise in October? Are thing evolving as expected or not?

First HBN, 100% POS with POW.

Date       block           supply   Inflation
1-6-2014   898413   4629448   12,7%
1-7-2014   988559   5068546   9,5%
1-8-2014   1080369   5521192   8,9%
1-9-2014   1173120   5985846   8,4%
1-10-2014   1262548   6467925   8,1%
1-11-2014   1357005   6990000   8,1%

I couldn't catch the exact supply and rely on Tranz's estimation. It shows the lowest inflation of all which is quite stable as well. October shows no decrease though. Could be because staking efficiency has improved a bit since splitting and recombining level is raised to 5/10. Could also be because October has 31 days Smiley. We'll see what next month brings!


CAP, 200% POS with POW

Date       block           supply   Inflation
1-6-2014   476848   3680285   7,6%
1-7-2014   519426   4046888   10,0%
1-8-2014   565946   4812616   18,9%
1-9-2014   613331   5583618   16,0%
1-10-2014   662054   6367469   14,0%
1-11-2014   713617   7311008   14,8%

Quite steady as well, as mentioned before, rates rised after 4-7 hard fork but decreased al little soon after. Now we see a little increase. We have to await until next month to see if it's a new trend or not.


TEK, 500% POS with POW

Date       block           supply   Inflation
1-6-2014   382532   986066   37,9%
1-7-2014   425505   1349745   36,9%
1-8-2014   469608   1830289   35,6%
1-9-2014   514595   2113023   15,4%
1-10-2014   569714   2421990   14,6%
1-11-2014   621243   3138853   29,6%

As expected, TEK almost returned to pre-fork levels once more. The after-fork-simultaniously-staking pressure brought down the stake percentage quite strong but only temporarily as it now seems. It likely to assume that next month the inflation level is up and above 30% again.


HYP, 750% POS, no POW

Date       block   supply   Inflation
1-8-2014   44901   10557791   24,4%
1-9-2014   74355   14826453   40,4%
1-10-2014   103019   22309537   50,5%
1-11-2014   132376   34665433   55,4%

Last month shows an increase of the inflation of HYP. It only means the staking is getting more and more efficient and produces a stake ever closer to 1000 which is the max stake for this coin. Since the stake percentage isn't decreasing with stake weight, it's fair to assume that inflation will eventually level out and then decrease much like a POW-coin with a 1000 block-reward. The thing that really surprises me though, is the absence of strong price-erosion due to this enormous inflation thus producing an impressive market cap. A most interesting experiment indeed.



hero member
Activity: 658
Merit: 503
Monero Core Team
HYP is getting a lot of attention these days.  Considering much of what makes HYP work well is that it is based off so much of Tranz's excellent work with HBN and CAPs.  I think it would be great if now we could borrow from HYP and add their THEME/SKIN ability for the wallet to CAPs. 

Yes HYP has had a close relationship with Tranz, and his work. The fork from TRK->HYP was inspired by the BottleCaps fork. Also s4c/autosavings has been used from Tranz's code. Most of the rest is unique development that me and a few others have put hard time and work into. And of course you all can borrow the ability to use our theme code. ZeeWolf (who made this code) tried to commit it cleanly so that others could use. And I do think it would be best if you did not use our actual themes though, but design CAP specific ones  Smiley

https://github.com/presstab/HyperStake/commit/ef9684204391ee0aab89e061fa2d7bad3373af8e
I second presstab and ENCOURAGE Bottlecaps to borrow. Truth be said, some ideas for HYP comes straight from CAP and I credited CAP and Tranz on the wikia, like for HyperSend ('Although the name itself is particular to HyperStake, the idea originated in Tranz's BottleCaps under the name autosaving"). Some example use cases also come from CAP.
full member
Activity: 216
Merit: 100
There is something wrong with Caps explorer http://cap.cryptocoinexplorer.com/. It is showing wrong amount on my adr.
Adr. F3Yjy8peDRasTP1TCBWKen6hsNcJdhr6xP. It is showing 31652 Caps while I have 28040 in my wallet Huh Huh Huh

Same here, it shows a little more than there actually is in my wallet. Maybe the CCE-dev could check it out? It's not a big diff but it's nice when it's corresponds. As far as I remember it has something to do with orhan blocks. Not sure there.

sr. member
Activity: 371
Merit: 250
There is something wrong with Caps explorer http://cap.cryptocoinexplorer.com/. It is showing wrong amount on my adr.
Adr. F3Yjy8peDRasTP1TCBWKen6hsNcJdhr6xP. It is showing 31652 Caps while I have 28040 in my wallet Huh Huh Huh

You're going to buy the rest but you just dont know it yet?? Wink

Sure. But first some issues need to be repaired Wink
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