I'm not sure of the % of coins held by the top wallets without checking (it's nowhere near 70%), but I know for instance, I hold less than 1% of coins, and I'm within the top 20-25 wallets usually.
As you'd expect to find though, the Devs Presstab and David hold a nice chunk of coins, but don't forget they've used a LOT of these coins for giveaways, promotions etc - and they're not just sitting back and doing nothing - they're actively developing HYP, be it technically or otherwise.
Do they deserve to be the top holders? Of course they do - hell, if they hadn't developed HYP in the first place, it wouldn't even exist.  

With regards to a deadline, I'll say from now that there's not going to be something concrete, written in stone, from me. It's my own initiative that I'm working on, and like others, I have a full time job, as well as a social life - that said, I'd like to see this come to fruition sooner rather than later.

For anyone else out there though, I would strongly suggest to yourselves to sit back, and think - "what can I do personally, to help advance HYP?" If it's nothing, no worries, but if you have ideas, skills, thoughts in the back of your mind you'd like to explore, then get on the IRC channel and share them. Nothing ventured is nothing gained.

I just wanted to put it out there a couple of observations I have made about HyperStake, as well as some future plans I'm personally working on here.

First of all, the price drop in HYP is for many people, disappointing. But realistically, what's changed?
Have there been any fundamental problems with HYP? No.
Is HYP considered to be the most advanced POS wallet with features not seen before in a POS coin? Yes.
Has HYP attracted haters? Most definitely Yes.

What we're seeing now is the realisation by some, that in order for the SAT price to stay the same, day by day, it meant that the new buyers into HYP would have to grow by roughly 2% every day, to keep pace with the rising level of HYP OR that existing holders of HYP decided to grow their holdings, rather than sell.
Consequently, when the buy support for HYP fell after a while, panic has set in, and we now see the SAT price at a low not seen for some time.
However, the current market cap of HYP still stands at 370BTC - this is a far cry from the 50BTC it was when I first checked out HYP's cap - hell, at one point it was even around 35BTC if I remember rightly.

So, what's the point of my writing?

Even though the price, for many, is lower than they bought in, compared to just 4 months ago, the overall market cap of HYP has grown at least 7 fold.
You'll  have seen many new coins go crazy at some point - with HYP it hit the headlines, and people jumped on the bandwagon - some making a good profit, others not doing so well. From a personal perspective, I can say that I've managed to do most of my Christmas shopping from selling a bit of my staked coins, but I'm still holding the vast majority of my HYP and will continue to do so.

It's also worth noting that whoever is dumping now, is dumping into the hands of some of the biggest holders of HYP.
I know this because I keep a good eye on the top wallets on the richlist, and I keep getting knocked down the list (big holders topping up), and RARELY do I see my place going up the list (big holders selling).

Now, looking at things from a different angle, where does the value of any crypto-coin come from? If you look at it from a physical business point of view,valuations are generally built on assets, profitability, future earnings potential, etc etc....

Over the last couple of weeks, I've personally been looking into ways of integrating FIAT based services with that of HyperStake, allowing a constant stream of $$$ / £££ / €€€ to be used to buy up HYP from the market, and hold, as a business asset.
Whilst this is still in development, I have a strong feeling this will prove to be successful, as it will offer benefits to everyone involved.
It will add another string to the bow of HYP, so to speak, and for those who want to get involved, it could prove to be a real game changer.



 

For those of you who aren't on the IRC channel right now, GET ON THERE!

Waxo is going nuts and giving away 50k of HYP today!!!!!

Mental.... just totally mental, but we love it!

http://webchat.freenode.net/?channels=##hyperstake[/b]]http://webchat.freenode.net/?channels=##hyperstake

Whilst i don't have the formula to hand, personally i think you're doing the right thing by keeping your blocks in the 3k range. Mine are generally between 2.5k to 3k, with a little variation depending on what I've just staked and the combined new blocks will split easily to.

I'd have to make a couple of assumptions on what you've written though:

1. You don't leave your wallet open 24/7. From all the blocks I've staked, maybe only 1% or so have hit the 1k reward limit. If your wallet isn't open 24/7, then the chances of hitting the wall are increased, as you can't stake if your wallet isn't open and unlocked

2. There's a slight issue with the latest wallet (presstab is aware) where the blocks that have gained 0 weight are showing a higher than estimated number of days until they stake. I assume you're on the latest wallet version.

So, in conclusion, I'd leave your blocks the size they are as long as you're leaving the wallet open and staking 24/7.
If your computer is on sporadically, consider smaller block sizes.

Hi David

Thanks for introducing Project Giveaway.

First of all, I want people to know my main objective for the Giveaways will be to spread the word about HyperStake and gain a wider audience.
As such, like David says, there'll be giveaways on Polo, IRC, like we've been used to - but I'm also going to start focusing on other exchange trollboxes, social media, etc. This will make others sit up and notice HyperStake who are currently outside of our current circle.

I also have plans to incentivise action. But more about that later.

Right now, the entry price for HYP is extremely well priced for new people looking to enter the market. For those of you looking at HYP for the first time, consider taking up a small stake now, it will be worthwhile I'm sure.

I just wanted to chip in here, and say I've placed a few buy orders here for CraigsCoin.

Reading over everything here, getting a good feel for where this is going, seeing that Pavel doesn't cave into the usual BS, and is quite frank about what he's doing, I'm happy to take up a small position here for what I see as a potentially great opportunity.

As for the people who cry about the price of the ICO, the market decided the price then, and the market decides the price now. For me, it's that simple.

The possible applications here are vast, so don't be blinded by the one's who cry over their loss.

Personally, I plan on hoping my buy orders are filled, and then will take a back seat and see how things progress, and where I think I can help, I will do

Anyone for another HYPster Hotties installation?

I think the biggest problem you're going to face is one of trust - I've seen you around on IRC, so I know you're an active member there, but a lot of people will look at your account, see that it's only a few days old, and then worry about giving their money to a new account, for something they can do themselves and not risk their HYP.

Maybe look to team up with someone else who's a part of HYP, who's got a stronger name behind them, so there's more trust built in.

I like the idea though, I just wonder who's going to want to give up 5% of their earnings (I assume you mean 5% of the staked reward), for something they can do themselves with a couple of clicks.

I'll be putting a new idea out here myself in a bit, which I think could be a fun alternative. Stay tuned

you guys should contact H2O from Middlecoin.....
https://bitcointalk.org/index.php?action=profile;u=109824

He's swimming in BTC from his efforts

Another teaser of the HYPster Hottie..... who wants her vest?

Who doesn't!!!!!! :-)

No problem there mate, it's just a case of waiting for it to stake - it could be within the next 5 minutes, 5 hours, or 5 days.

Just make sure to keep your wallet open as long as your computer is on so it has more chance.

For reference, I have a block of 2459 HYP, it's 22.45 days old, has a weight of 33591, and still hasn't staked.... yet, a lot other blocks have staked fine, both smaller and larger in size, with a lot less days in age, and a hell of a lot less weight.... it's all a battle when it comes to staking (albeit in the background) - some blocks are luckier than others, but one thing's for sure, the higher the weight, the better chance it has of staking.

I hope that helps.

Cy

Turns out my HYPster Hottie had a mate.....

So, I don't know what you fellas think of this particular HYPster....

Loving the idea man - just what is needed for the smaller holders of HYP :-)

This will be a BIG hit with people, I'm sure of it  

David, I notice that Freedomsr40 isn't on the list of possible candidates....
i checked out his comments on Polo, and he's been a supporter of HYP on there over the last few days too:
http://www.polonibox.com/?username=freedomsr40&page=1
He's another candidate to consider.

"HyperLoan candidates so far:
crypto4jan
jaybeeuk
HYPster
Freedomsr40"

Hey everyone....

So I've just had confirmation from Bter that they've added us to the voting list:

https://bter.com/voting#HYP

You know what to do.......

Loving the new themes... I've yet to try them myself, but they look GREAT!

HYP is coming along in leaps and bounds - and the network difficulty, for a POS coin, it's pretty much unheard of - kinda shows how popular HYP is with the community out there

What people are saying, is if YOUR HYP is sat in an exchange, then they'll use it to earn interest for themselves, whereas if you held your HYP in your own wallet on your PC, you'd earn the interest yourself.

So basically, exchanges would benefit from holding yours (and others HYP) if they managed to hold onto it long enough to stake.

Clearly not everything going into an exchange would stake, due to the time frame staking takes, but some people don't like the idea of them staking your money at all.

I hope that helps.

haha - my quotes are becoming famous now eh?

David was just quoting what I wrote, just in a slightly different way I see..... I was writing my gains in fiat, but in all fairness I've sold next to nothing of my interest anyway.

Personally, I got into HYP because I saw the ANN on HYP early on - at the time I was doing a LOT of reading of the threads, and also I'd seen David & Presstab's work before and was impressed by their maturity and development skills.

https://bitcointalk.org/index.php?topic=637785.msg7697257#msg7697257

This gives you an idea how early I got into HYP.

There was NEVER any hiding the fact where HYP came from. Ever. Just because it wasn't mentioned 24/7, doesn't mean it wasn't there, although the early days it was discussed a lot.... people were making sure they had their TRK in their own wallets before the fork - I remember it well.

Like every coin, there's going to be winners, and losers. It's all a matter of timing, when you choose to invest, on what grounds you make those decisions, etc etc..... I've bought some total crap before I put a little bit of money into HYP.
Has it been my best investment to date? Definitely.
Can I retire from it? No.


This is just a classic example of not doing your own research. Plain and simple. Oh well......