Topic: [HYP] HyperStake | Generous Reward Staking | Advanced Staking Controls & Wallet - page 182. (Read 679332 times)

Looks like inflation control is starting to cap off coins created per day:


http://212.67.195.38/hyp-charts/CoinsCreatedPerDay.aspx

Difficulty is wild, but increasing:

iDunk's Charts

Once it is out in the public domain, any coin dev will be able to mess around with the reorganized code (and even decide whether they like it or not).

Gonna try to push that to HBN too? Or is the codebase too different?

Great, waiting for the new features.

Thanks.

Been working on the stake hashing code. Basically recoded it all. Right now I have it down from 7-12% of my cpu while staking, to 0-1% of my cpu while staking. I still have to make sure this code is solid before I commit it to github. I am producing stakes that are being accepted by the network though

Also was trying to do all my best, and I think we have some results. Now I'm slightly off the road (moving to mountains), but will return back to the game soon.

Looks like the CCE explorer has been falling behind a little bit lately. Dreamwatcher says this is a problem with RPC requests that can freeze up. Just a reminder that jaybeeuk's explorer is available for everyone to use.

http://blockchainexplorer.co.uk/

Also, back to wallet code...

David had mentioned that he has experienced some problems when deleting a receiving address. I think I have fixed the problem here https://github.com/hyperstake/HyperStake/commit/b1af2904317e0d60d4bb5803470dfb4372875fae
This fix will be put into the upcoming version of HYP wallet. I am only tweaking a few more things until I will consider the release finalized

CrazyLoaf:
The will was here. The way? Well, almost no coder and the ones we have are busy. The community is here and you know it, look at ##hyperstake. You did your best and so I did. It was not enough, now what?

Biomech: Great post.

Out of the blue rant and raves from someone desperately clinging to the last seconds of their 15minutes of fame are the best rant and raves.

I do believe I said I would be ecstatic if it settled above 500 sats, back when it first launched. I actually expected the level it's at, though I had hoped it would be a bit down the line. This is going to be the case with a highly inflationary coin, even as carefully crafted as this. As for selling stake, I'm doing it, a bit at a time, and making a profit. Not a huge one, a few pennies if we're to be realistic. But a few pennies to the positive for having my computer on all the time (which it would be anyway) is not a bad deal.

Next steps remain getting more widespread adoption, particularly merchants for goods and services. HYP has the same problem as most alts, it's not useful for anything BUT trade to BTC. This isn't a mechanical or programming issue, the coin works as intended and well. It's a perception and marketing issue. Unfortunately, I have no solid ideas on how to change it, though I have some amorphous ideas.

That being said, jumping from coin to coin to coin in the hopes of "catching the peak" and getting rich is a fool's game. Cryptos are relatively easy to make now that the framework is well in place, open source, and heavily tested. I'm not a programmer to any great extent. In fact, 90 percent of what I know about the technical side of crypto I have learned since HYP's launch. But, with Presstab's able and sometimes pointed assistance, I have reached the point where I could clone a coin and modify it's specs. I may even do it, for fun and with caveats that it shouldn't be used for anything serious.

That being said, my long term strategy is to pick a few I believe have merit, and try to promote them in such a way as to BREAK the /BTC pairing and make the coin useful in it's own right, not simply a vehicle to get BTC. I frankly do not think that BTC is all that. It's the first one, and it started a growing revolution, but from a useability standpoint, it sucks. We HAVE done better on the technical side, many times over. What's lacking is the long term vision, the marketing, the PUSH to get it mainstream. Whether or not you LIKE the morons that compose the vast majority of society, they are the ones we have to reach if we're to be successful. Joe Sixpack resists change until it runs him over. We got to be that truck, or it will not happen. I think HYP is well positioned, along with TEK, HBN, and NVC, as a reserve currency for the average person. But it's position is not solid nor well laid out yet. It's quite likely to be useful as both a savings and small transaction vehicle, since it's fast, works well, and has a high reward for holding. It has an advantage there over TEK in that the period is short enough for the impatient to see a return, and long enough to keep the impatient from being totally stupid all the time.

The four I chose were personal choices for personal reasons. But I do believe they have merit. To me, the entire rest of the altcoin world is a dalliance. This doesn't make it true, there are some serious people involved, and I'm flexible enough to change my mind if need be. But if you are solely in it for the short run or quick profits, chase the newest thing and get out quick. If you're trying to build something for the future, fuck the price. it will find it's equilibrium in the market as all things do. Is HYP undervalued? At this point in time, I would say no. When it hit 8K it was in my opinion (stated at the time) overvalued. I sold some of my stake at that time and made a tidy profit, but it had ZERO effect on my long term strategy. Now that it's trading around 200? I still sell a bit from time to time for profit and to purchase my other coins, but it again has ZERO effect on my long term strategy.

Full steam ahead eventually brings you to a wall that you can't avoid. Slow, steady, and unemotional will get you a lot farther.

EDIT: Slight modification of two sentences due to original lack of caffeine. Oops.

Have yall seen the 10k cryptocurrency, made by IgotSpots.

Cool story bro.

I would definitely side with David's opinion on this. I think most of it is psychological, which in turn feeds into the demand for the coin.  The psychology doesn't control the rate of issuance of a coin though, probably only feeds into the rate at which someone keeps their staked coins vs decides to sell them.  So part of the valuation is due to psychology and some is due to supply factors in my opinion.

Also I would probably ignore people that tell you it is a "good deal" to buy something right now and that there "is no further analysis needed".... in my opinion at least. Alternative cryptos are more about having fun, meeting some friends, adding cool developments to the coin's code and infrastructure, then it is about getting rich from day trading them - well for me it is at least.

I does and the answer is: people saying the coin is overvalued either usually either are deluded and suffer from confirmation bias and cognitive dissonance or are trying to either pump the coin (clumsily)  or to lure newbies into buying their coin that they are trying to sell (but will never admit to).

So, basically, this is not economy, this i psychology.

There are exception, though but Technical Analysis is NOT one - suffice to say how TA fails at prediction BTC price.

If I had to tell of a reliable methods, I'd say: "look at the lenght of the post, it is usually proportional to the relevance of what is written. Look at the grammar - people with poor grammar rarely have something smart to say. Finally and most importantly, look at rationales. With time you will whitelist and blacklist rationales (that's called "experience") and you'll be more able to tell real reasoning from fallacy.

Fallacy is one of the biggest ennemy of crypto.

This is probably not the answer you expected, so let me say it another way: don't look for economy, look for psychology.

I see a lot of posts for different coins that I watch that say something like "this coin is really worth $5 each, but it is only trading at $0.75 each, such a good deal", or things like that. I just have seen someone do it in this SapienceCoin thread.

I asked the same question there. I am interesting in economics of crypto currency and investments in it. And is there any way to give a formula method of its value? Or is it all about looking at a chart and say "oh this is lower than one month ago"?

Does this make more sense now?

Elaborate.

How to build a formula to put long term investment value onto a coin?

Proposal for more:

• Option remove some columns on the wallet (right-clicking on a column would show the list of column with checkboxes, like in Windows). The one I would personally remove are: "confirmation", "address", "date" and "priority". Pretty soon "potential stake" would become pretty useless too.
• Make the total coin on the top-right part of the transaction tab selectable (and copyable).

https://github.com/hyperstake/HyperStake/commit/ddb325e8fd53d844d49917ce376f08f4986f526a
https://github.com/hyperstake/HyperStake/commit/1be9d61f16bde46682892a9b8c548712ba299844
https://github.com/hyperstake/HyperStake/commit/1586f0cbef46f61243a17c6405462a84f648aea0

 

3700 should stake fine, but as mafort mentioned, a smaller size like this requires a bit more patience. I would guess something like 20-30 days. Maybe faster if you have good luck, or longer if you have bad luck.