Topic: [HYP] HyperStake | Generous Reward Staking | Advanced Staking Controls & Wallet - page 195. (Read 679332 times)

Hi! People of HYP!!! peace to you all!
With that I would like to summup the fundamentals of HYP as an asset. Why the fu..k I would want to buy it? //or what drives the demand?
I think that the price is acting very logically and not against the math... the supply is big - so the price will go down and it is natural thing in that type of asset.. such as high proof-of-stake //High POS coin (There is Tekcoin.. you all know, because TEKcoin people are a lot in HYPerstake too)... Price going down here is natural way, just like difficulty rise in bitcoin network.. like you cant do anything about it have to be accepted as a constant matter in this formula.
So I said asset?
what asset? What the a are you talking about man?

The "Virtual mining asset" that is able of virtually mining coins that are no different to BITCOIN.. in many ways.. and we all know that actually HYP was forked from bitcoin some time ago ..with some older coin inbetween.. but that's ancient history kids
So HYPerstake coin can do all that Bitcoin can do, but also protected against 51% attack through proof-of-stake feature! and some other unique features (thanx to the DEVs)
So! When you BUY HYP - you are actually buying hashpower for your Virtual Mining farm that can run at your old laptop and not 24/7.. so you can travel with your hashpower.. just remember to sync it sometimes and can be recovered just as easy from the wallet.dat backup and you have your power back online!
You hold it all and you don't have to rely on some "cloud mining datacenter", which is actually a hangar with a bunch of miners ..And its good if the Hashpower really exists!!!
I mean that many thousands real dollars are invested and are investing now in to stupid ponzies, because a lot of people want to buy Haspower.. and want it instantly.. there is MASSIVE demand for "instant mining contracts in the cloud", so the natural choice is CloudMining Contract..
..In many scam-CloudPonzies you can't rade contracts and sell the mining power back when you want (this option often helps to figure out if the cloudmining company is legit and has "exit-strategy" for the investor)
But OK you will find good and legit CloudHashing provider.. but you have to pay f.. fees and it all looks like they ARE mining and paying fees to you.. in 75/35% ratio to their wallet!
For now if we get back to price - It is obvious that volatility is pretty low now at HYP market 24hr Volume: 2.58533016 BTC / 1170699.20712543 HYP coins are traded every day.. (compared to Bitcoin it is volume is small) but for the altcoins markets in general - its normal, the price is in the range of around 300sat for like a month.. and had found its floor.. because when you get all "what" is written above you will buy..perhaps if its not low enough for you to buy it.. buy at lower price.. because the price is "right" even for me now and I see massive BUY orders at much lower price..

P.S. All you know about XPY or PayCoin which does use proof-of-stake for extracting profits!!!
GAWMiners just took the Idea in the open.. XPY or Paycoin or HashBase and all are behind private company.. like a Product! Very nice experiment, but HYPerstake is absolutely hassle-free-decentralized-lowcost hashpower for the Virtual Mining and let it shine the Next Year of 2015 and wise devs know what else..

HAPPY NEW YER AND PEACE!!
Listen to some of my muzik here - https://soundcloud.com/hiiz-io-conflikt/sets/my-chosen-playlist-my-own

Happy holidays, HYPsters!

Then I'll buy entire supply

Soon 1$ will be like 500k or 1 mln HYP

1$ = 1700 HYP. New Year sale!

Price getting close to where a $1 gets you 20 hyp.... Might be time to buy in big

Bot can decide if it needs to cross the road , let pray that it screws up .lol

Some tradebot is trying to sell a lot of HYP

The sell orderof 115129 HYP @212 is poping up and then disapears in seconds.
What is the strategy of that?

Yes totally undervalue , now testing 200 , and I buy a lot at 300 , damn

HYP is extremely undervalued right now, I continue to stake, mine for BTC and buy daily. I have managed to cost average down significantly and go from 80k HYP to closing in on 400K in a few short weeks.

Hope the price stays low until I reach my initial goal:)

HYP is really in it's infancy. With the great community and continued development expect it to go far!

Well I don't sell any.  I'm probably going to point my little th miner @ the multipool to give a little support and increase my coin count.

Thank you for your encouragements.
When development continues on a regularly basis despite a low price, market gets confident there is actually something serious behind. So, let us continue to develop both the coin and the ecosystem There are so much to do.

And this is why this coin is actually set up properly... difficulty will force you to increase your block size in order to stake which forces the coin to gather weight quicker which forces it to max out @ 1000 quicker which reduces the total # of coins created...

Honestly, the way PoS should be done... it's really a damn shame that the market price isn't there...

https://bit.ly/hypsize
No reason to have less than 1600 - you can't hit the wall at this blocksize in 30 days. And after 30 days, you stop accumulating weight anyway so if you did not hit the wall at day 30, you never will.

From the OP.............

Recommended Block Size - 1,000-4,000 HYP (see tutorial for splitting blocks)

BLOCKS LESS THAN 1000 HYP WILL TAKE MUCH LONGER TO STAKE BECAUSE OF HIGH DIFFICULTY
For small blocks, consider joining our staking pool, HyperPool
_______________________________________________________________________________ __


The smallest block that will max out at 1000 HYP at 30 days is 1623.  I see no reason to have blocks smaller than that.  Even with the recent increase in difficulty 2 of my smaller blocks of ~1700 staked in the last few days at ages of 15 and 17 days.  My oldest block was 3000 HYP and staked in 32 days after maxing at 1000 HYP in ~17 days.  Obviously there is variance and any one person's experience is not indicative of what to expect.

Not really sure Cryptsy had anything to do with the price dropping. Though it did spread the volume out. I have seen at least 50 different coins
that got listed, shoot up in value as soon as they were listed. Then drop in value shortly there after, I suspect it has to due with everyone wanting
to get a piece of the action. And my observation is this happens at other exchanges as well. I usually wait for the hype to die down and if I see if I like it has some potential, then I buy some.

As to whether or not Bittrex or Cryptsy stake the POS coins, I do not know? If so you should put them in your wallet and stake them yourself!
Some exchanges take some of the coins for themselves as fees, not much difference to me. They have to make money to pay for the infrastructure, maintenance, help, and other overhead. Some I buy are strictly for trading aka non POS coins. I buy POS coins because the average
person can mine aka stake coins on their computer without having to buy mining equipment, which gets outdated quite quickly, sometimes in just a few months. Plus hope the mining pool they joined, don't take off with their coins they mined. I hear that happens alot! I have several POS coins.
Community, Mint, Zeit, Hobo Nickels, Bottle Caps, Truck, HyperStake and TEK. I bought into TEK at 25k, I could have dumped them when the price dropped. Instead, I bought more! Same thing I do when the others dip in price too. With TEK at 3.5-4k, now I can buy 5 coins at what I paid for 1.
I am not in this for the short term, I am in for the long run. Every time my coins stake, my cost average goes down. WORKS FOR ME! When HYP went up in October I sold 10k for between 8k-10k. Worked for me as I had bought them back in July for 375 satoshi. Paid for a lot of coins in my HYP wallet. Moral of the story do not put all of your coins in one wallet and have some patience! HyperStake has an excellent community! I think I will hang around for a while! I have been learning a lot about alt coins, wallets and POS staking.

Peace!
Dennis

Well, I am in the same camp as some of us. I had a couple of coin blocks more than a hundred days old, that still did not stake. One was a 100 coins and
the other was 400 coins. Still said I had estimated time of a 121 days to stake. I have most of my blocks in 2k blocks and they are taking 30 days to
stake. I messed around with coin control and I made different size blocks and the lowest days to staking was a 40k block in 10 days. I made some 1.5k blocks and they were 40 days to stake. 10k blocks were 20 days and 5k blocks were 25 days. So I do not see how I am actually getting 750%? I know it is only a guestimate as to the real percentage as there are variables involved. I have had 1.5k blocks hit the wall, due to staking in a 40 days period. So from my observations you have to decide on time vs. weight. So I have been trying the middle of the road between time and weight. My best guess is about 2k blocks in 30 days. Will have to see how it actually works out. Since smaller blocks take more time to increase in weight and still hit the wall. I have a few 750-800 blocks that have hit the wall already and still have not staked in 60 days. According to the coin controls new features. Will find out when they actually stake. Several POS coins are not delivering the stated percentage, though I already knew it was pretty much a guestimation due to variables in the equation.

Peace!
Dennis

Life is a bitch, get used to it...   

I said it some time ago....