Topic: HBN Investment Journal - 2% returns every ten days - 90,000+ HBN Porfolio - page 11. (Read 69854 times)
May 01, 2014, 11:30:20 AM
i do have one mature block of 1.7 hbn that has been there for around 25 days, do you want me to screenshot and check how it stakes? it is a very small block so i don't know how much time it will take but might be worth trying
May 01, 2014, 11:25:25 AM
Are we sure that the stake rate is based off of coin days? I was under the impression that although stake weight stops building in 20 days (supposed to be 30 but needs a hard fork to fix it) that interest will still build passed 20 days. Anyone have mature blocks to test this on?
May 01, 2014, 07:37:31 AM
well yeah but the maximum coin age would have to be way longer (>6months) and unfortunately that doesn't exist yet. or at least i did'nt hear about it.
the longest maximum coin age i can think off is tek's one : 2months
not all coins are relying on stakes based on the network size so some of them have flat interests rate
the longest maximum coin age i can think off is tek's one : 2months
not all coins are relying on stakes based on the network size so some of them have flat interests rate
May 01, 2014, 01:25:48 AM
Got a question:
lynn_402 says
Not fully understanding POS yet, I'd like to ask is this true?
lynn_402 says
Quote
" No need to keep the computer on 24/7. PoS coins accumulate coin-age, thus if you keep some in a cold wallet for a year and unlock your wallet for minting, you'll find a PoS block in very short time, which should give you almost the same interest that if you kept your wallet always open (less the small compound interest)"
Not fully understanding POS yet, I'd like to ask is this true?
The "small compound interest" adds up after a while. Once a year would not be as profitable keeping in mind that max maturity occurs after 20 days for HBN.
Also keep in mind that the POS difficulty rises over time and as more people are holding & staking. For HBN this does not make sense (paper wallet for a year). For another POS coin with a longer required maturity this might work.
April 30, 2014, 11:29:46 PM
Got a question:
lynn_402 says
Not fully understanding POS yet, I'd like to ask is this true?
lynn_402 says
Quote
" No need to keep the computer on 24/7. PoS coins accumulate coin-age, thus if you keep some in a cold wallet for a year and unlock your wallet for minting, you'll find a PoS block in very short time, which should give you almost the same interest that if you kept your wallet always open (less the small compound interest)"
Not fully understanding POS yet, I'd like to ask is this true?
read this
http://wiki.hobonickels.info/index.php?title=Proof_of_Stake
if it wasn't already done
April 30, 2014, 10:11:17 PM
It's way simpler than some people are making it out to be. Wallet open (and unlocked) more = more total return over time.
April 30, 2014, 06:33:10 PM
Got a question:
lynn_402 says
Not fully understanding POS yet, I'd like to ask is this true?
lynn_402 says
Quote
" No need to keep the computer on 24/7. PoS coins accumulate coin-age, thus if you keep some in a cold wallet for a year and unlock your wallet for minting, you'll find a PoS block in very short time, which should give you almost the same interest that if you kept your wallet always open (less the small compound interest)"
Not fully understanding POS yet, I'd like to ask is this true?
Coin age is not relying on the time stamp solely from your computer....it's a decentralized network.
There is a minimum and maximum stake age for weighting though, and most coins you're not going to receive full profit by not opening the wallet for an entire year.
April 30, 2014, 06:26:36 PM
Got a question:
lynn_402 says
Not fully understanding POS yet, I'd like to ask is this true?
lynn_402 says
Quote
" No need to keep the computer on 24/7. PoS coins accumulate coin-age, thus if you keep some in a cold wallet for a year and unlock your wallet for minting, you'll find a PoS block in very short time, which should give you almost the same interest that if you kept your wallet always open (less the small compound interest)"
Not fully understanding POS yet, I'd like to ask is this true?
April 30, 2014, 02:00:24 PM
Oh that would make sense. Okay sorry for being retarded, as long as he knows that he isn't losing coin age by generating orphans.
Ha ha sorry for the quick ambiguous answer, I meant yep as in missed the answer in the wiki. I will try to be more clear in the future!
April 30, 2014, 01:50:02 PM
I sold out 80% of my HBN. It's been a 5 bagger now (converted 1BTC to 5+BTC now), so can't argue with taking gains off the table before Mr Market realizes it should be otherwise. I don't think it will go back down that much but I'll be looking to get back in on pullbacks
I just did more or less the same. It was really hard to sell but it was part of my plan from the beginnig to sell when I was reaching x5-6 profit. I will buy again if price drops a little.
April 30, 2014, 01:11:17 PM
I sold out 80% of my HBN. It's been a 5 bagger now (converted 1BTC to 5+BTC now), so can't argue with taking gains off the table before Mr Market realizes it should be otherwise. I don't think it will go back down that much but I'll be looking to get back in on pullbacks
Nice profits.
April 30, 2014, 12:36:43 PM
I sold out 80% of my HBN. It's been a 5 bagger now (converted 1BTC to 5+BTC now), so can't argue with taking gains off the table before Mr Market realizes it should be otherwise. I don't think it will go back down that much but I'll be looking to get back in on pullbacks
April 30, 2014, 12:26:05 PM
tokyo, i have to ask - can you post the pic that's your wallpaper in here already? I'm damn tired of only seeing bits and pieces of it from your screenshots lol!
no problem. I present to you Gemma Arterton!
Hahaha thanks for sharing, every time I see one of your screenshots in a thread I keep seeing like a different chunk of that picture and wondering who it is.
April 30, 2014, 12:03:50 PM
Thanks for clarifying. I also read the 'Yep' as "Yes. The coin age is destroyed"
Now I feel better knowing that this is not the case.
Now I feel better knowing that this is not the case.
April 30, 2014, 10:54:48 AM
Oh that would make sense. Okay sorry for being retarded, as long as he knows that he isn't losing coin age by generating orphans.
April 30, 2014, 09:47:48 AM
Does anyone know if coinage is destroyed for rejected blocks? I couldn't find the information about this (Maybe I missed something obvious in the wiki?)
Yep
http://wiki.hobonickels.info/index.php?title=Orphan
Wait he is asking if coin age is destroyed for a rejected block. I believe the answer to that is NO, unless I am misunderstanding the nature of the question. If you attempt to stake and generate an orphan, your coins will simply keep attempting to stake. The age on the batch of coins that attempted to stake does not reset until a stake reward is confirmed.
" is to the second question: "Maybe I missed something obvious in the wiki?" April 30, 2014, 09:34:01 AM
Does anyone know if coinage is destroyed for rejected blocks? I couldn't find the information about this (Maybe I missed something obvious in the wiki?)
Yep
http://wiki.hobonickels.info/index.php?title=Orphan
Wait he is asking if coin age is destroyed for a rejected block. I believe the answer to that is NO, unless I am misunderstanding the nature of the question. If you attempt to stake and generate an orphan, your coins will simply keep attempting to stake. The age on the batch of coins that attempted to stake does not reset until a stake reward is confirmed.
April 29, 2014, 10:13:26 PM
Does anyone know if coinage is destroyed for rejected blocks? I couldn't find the information about this (Maybe I missed something obvious in the wiki?)
Yep
http://wiki.hobonickels.info/index.php?title=Orphan
April 29, 2014, 09:26:14 PM
Does anyone know if coinage is destroyed for rejected blocks? I couldn't find the information about this (Maybe I missed something obvious in the wiki?)
Yep
http://wiki.hobonickels.info/index.php?title=Orphan
April 29, 2014, 09:21:32 PM
Does anyone know if coinage is destroyed for rejected blocks? I couldn't find the information about this (Maybe I missed something obvious in the wiki?)
Yep
http://wiki.hobonickels.info/index.php?title=Orphan
Jump to: