Topic: HBN Investment Journal - 2% returns every ten days - 90,000+ HBN Porfolio (Read 69828 times)

I think the people should objectively determine whether they want to invest in HBN, HYPER or both. It seems like the entire episode between TG and Hyper was a clusterfck overall. It's immaterial who was right or wrong then. What matters is the future of both these coins.
Thanks psybits for giving us your version of the story. Let people make up their own minds on the investment matter.

Thanks for sharing your opinion with us, HBN-fans. I can only speak for myself and i don't mean any disrespect but my vote of convidence goes to TG in this matter.
As to Hyper, I might consider it one day. When it has survived one year of incredible crypto landslides like HBN has. For me this is becoming more and more an all important qualification to decide upon.

Whatever it's going to be. For sure its most exciting!

I'm currently escrowing the HYPER MMO Development Fund.

It has the same PoS as Hobonickels (paid daily!) but has many more projects to actually support the ecosystem of the coin, such as recently launched HYPER Counterstrike server, and upcoming online HYPER arcade, HYPER Minecraft server, the HYPER space MMO that is under development, and the revival of an old classic space MMO by the dedicated HYPER team https://bitcointalksearch.org/topic/ann-hyper-game-currency-mmos-poker-20-serversshapeshiftio-rpg-more-624651

I've been following this thread for a while and thought Tokyoghetto was a nice guy who understood how cryptocurrency community works. I don't log in to bitcointalk every day, so I was surprised and appalled when I saw Tokyoghetto's behavior towards the HYPER community in their thread and elsewhere.

Just to clarify, so you can all know the truth, Tokyoghetto did not leave HYPER voluntarily because he thought it was a "scam", he was asked to leave as his fee for managing the market stabilization fund was too high (this 500K HYPER is now being used for MMO Development) and he refused to renegotiate his fee, and instead went on a smear campaign against one of the most original and exciting alt coins I have seen in quite some time.

I'll be escrowing the fund until another escrow is found, or the community trusts HYPERfuture enough to manage it himself. I think HYPER is a PoS coin with huge potential and that is why I am putting my reputation behind it. I've seen A LOT of coins come and go and I can tell you the effort HYPERfuture is putting into HYPER is on another level entirely compared to 99% of the alts out there.

Thanks for listening and I hope you have a great day

i didn't read through all of that, whew, long winded.

My take on it.
I can purchase equipment to do PoW, this equipment has diminishing returns.
I can purchase coins to do PoS, this does not have diminishing returns granted the price remains stable, if it lowers, you have diminishing returns.

I do agree that PoS does have an issue where users hoard the coins, which makes it hard to acquire them but isn't this the same as sha, or scrypt PoW mining systems now.  The machines to do this continually are getting more expensive prohibiting you entry.

The nice thing I like about PoS it allows you to buy in, even in very small amounts, and can grown it from there.

tokyoghetto (and other PoS fans), what's your take on Anonymint's bashing of PoS (except that this guy is utterly arrogant "I won't have time to go back here and debate. I am technically qualified and I am 100% sure I am correct."): https://bitcointalksearch.org/topic/m.6501774

See this thread here for the latest discussion from both explorer operators. https://cryptocointalk.com/topic/1755-block-explorer-needed/page-3#entry101653

The HoboNickels block explorers seem to have a lot of issues lately. :/

http://hbn.blockx.info/ - no connections.

http://162.217.249.198:1080/chain/Hobonickels - offline for the last few days.

If it helps, I'd be willing to run a fallback server for http://hbn.blockx.info/ on a VPS.

It is important to have reliable basic infrastructure if a coin is to survive and that includes a good blockchain explorer.

Thanks for the response Tokyo, it will be interesting to see how some of these good pos coins go in the next 6-12+ months. I know in the short term it seems they will definitely rise but I think for long term sustain, communities need to develop a little more strongly. That is unless money continues to pour into crytpcurrency at an exponential rate to incorporate the amount of new coins being developed but I guess time will tell.

A huge percentage goes into valuation. I can't help it if people invest on my observations or what I post. I just love talking about cryptos. I also mentioned PHS and CAP in my May wrap up. I did that so people have an idea as to where my BTC is going and how HBN can be used as a tool to generate BTC that can be used in other investments.

I can't tell people when to buy or sell. That is the million dollar question. If I am right they love me, if I am wrong I get crucified. As far as premine or active dev goes, that is also a hard one to judge. Some coins find success with huge premines, others turn out to be scams. Some coins have active devs and fail, others go into non-active zombie mode and still explode in value. So in regards to ROM, I really can't say, but I feel it can reach 1000 satoshi . It has an active dev, had an honest IPO and 30% annually is a nice cushion.

Having said that, I think an active dev and little to no premine is a recipe for success. I would put more value on a coin with those characteristics.

My vote would be keep the thread as is for now, but if it gets too hard to read through the legitimate posts about the journal then to go self moderated.

Tokyoghetto, instead of locking this journal and forgetting it, why, if the problem still presists, dont you make a new self moderated one where you can geg rid of the FUD

I have a question Tokyo, What percentage do you think your trading strategy revolves around actual valuation of coins and how much revolves around the use of your name to extend said value of a coin?

For example you had continuously posted in the Romaincoin thread things like this:


And you also dropped a line in the investment journal stating you were going to buy ROM. With ROM hitting an all time new low of 0.00000015 satoshis is this the all time best time to buy in again? Or was it a perfect buy and sell at 650 never to be touched? Which fundamentals would you be using in your analysis to evaluate coins? No premine? Active Dev?

I mean this post with no ill-intent just curious to how you are valuing these coins that's all.

There was an issue with the code that generated a ton of orphans. The devs pulled the plug, cleaned up the code and relaunched. Its been smooth sailing ever since then.

CLOAK is a relaunch, why did it die in the first place?

Yes you are correct. I only rent rigs on new releases. I have a method of valuing coins, sort of how a real estate agent might price a home. I was able to price Romancoin correctly and I bought the entire orderbook from 65 satoshi up to 117 satoshi. It later went on to hit an all time high of 640 satoshi.

Tying that in with rentals, I am doing the same with CLOAK. I looked at different variables and compared them to competing coins like DRK. I was confident enough to rent 330mhash worth of heavy artillery and aim it at CLOAK. Based on the current Bittrex price, I am already in profit, but I expect higher prices, as the concept of CLOAK seems viable.

I was lucky enough to avoid VOOT, which reeked of scam the second I started my valuation. Reminded me of Artos and the Stablecoin pump scam.

Its been awhile since I have PoW mined HBN, or used the multipool. I don't have any mining hardware running and PoS mining is the most cost effective way for me to get more HBN.

I looked at leaserig.net
Seems like it's an easy way to lose btc. I suppose if you mined a coin with PoS interest like HBN, you could in the long run recoup that lost btc.

How are you figuring a profit from them? By speculating new coin mining turns into value later?

I'm about to buy a Gridseed blade to replace my GPU farm. Seems like a decent site to sell my hashpower and make more than if I were hashing myself.

Lucky you tokyoghetto 6X increase in ROM and going up! Just wanted to post here aswell as BCTalk's "watch" function seems to be useless.

Thanks Presstab. You are correct. You need to have a plan to deal with liquidity issues in coins like HBN. It takes time and patience to exit large positions.

A panic fire sale is a rookie mistake and I would advise people against doing such foolishness.

Plan your trade, trade your plan.

This morning I sold 3600 HBN. Wanted the BTC to buy some more Romancoin. Romancoin is stupid cheap right now on Bittrex and it has a competent dev. Pays out 30% annually and its now 100% PoS.

I think a lot of people don't realize that you don't have to fire sell your way out of coin positions. For example most institutional players will spread their buys/sells of financial assets over weeks and months, it makes very little sense to attempt to do it all within a few minutes if you hold such a large share of the float.