I'm surprised to notice the price of HYP dropping below 100sat today with how advanced and well functioning the wallet is and how damn hard it is getting to stake. I think over the longer term HYP is a great buy.
I think HYP is getting some blow back from the few horrible, horrible...I mean REALLY horrible, ultrahigh% POS coins that have salted the earth lately. I think people see original 750% and think similar out of control inflation.
It is actually far from it. I did some quicky math, possibly with errors...
Yesterday when I looked there was 184,615,385 HYP in existence. Lets call that the total for Apr28, true number is give or take... We have already hit the capped ceiling and know that the new HYP generated each day is 960,000.
So the daily inflation rate for Apr28 was 0.52% (960,000/184,615,385). Today it will be 0.517% and so on getting smaller each day.
The instantaneous yearly inflation on Apr28 was 190% (Bottlecaps territory). But if the actual yearly inflation rate is the sum of the daily inflation rate from x to x+365 then the yearly inflation from Apr28, 2015 (to Apr28, 2016) is only 106% (Hobonickels territory)...and dropping fast.
Looking forward, on july1, 2015 the actual yearly inflation rate works out to 89%. April 1, 2016 the actual inflation rate is 52%. (DMD PHS territory)
It will be interesting to see how things play out.
Hyper's inflation if all Blocks are 1000 Coins each is 350 million a year (only 200% from current rate), as the price drops down lower into the 100 Satoshi mark it creates stronger walls, it's then a 1-2% gap playing the highs and lows so there is more profit arbitraging different exchanges. Coins not Staking or in Flux creates more Coins for Stakers.
What is the added benefit of having the Fees of Coins destroyed? Wouldn't you want to have Fees as part of the reward and increase the amount of active Coins in circulation?