^^ he obviously read and understood all the info ........

*edit to insert more obvious hostile sarcasm

When I hover my mouse over the little green arrow on the 1.4 client it tells me

Staking..
....
....
you have 50% chance of producing a stake in xx hours

Is it just me or does anyone else get this stuck in their head ?

http://youtu.be/RWTHxt1XTfs

Maybe tomorrow I'll wanna place a sell
until tomorrow I'll just keep staking coin.


yeah I have probably just lost the plot .......
maybe at these prices I'm just in a hysterically good mood

Testing .0003s
Market cap is $525k or 40th on coinmarketcap.
New client today, great features

Sooo glad I held onto this for POS

Sure the market will be moving both ways from ere but HBN is showing its worth and people are getting wind of it.

Looks worse still as they have now closed shop.

Still nothing lost as far as I'm aware.
Sad to see an exchange fail, good to see it fail gracefully without loss of trust or coin.
Bet THAT won't make the news.

Totally agree just look at cryptsy order book, buys in  the 100s & 1000s vs sells in the 10s & 20s just a standard expectation now.
You need some patience to stalk the sizeable sells or get your orders filled these days.

I will admit to being a little miffed when Tokyo started this thread as I was trying to get myself to a target position for POS before the cat got out the bag.
In hindsight what looked cheap before was plain stealing and it's still looking like excellent value with rosy returns
Considering the wider market HBN has stood up very well, but is still depressed vs potential. A little calm will get you along way with this one.
Not too long before it will be hard to get your hands on for cheap, people won't sell their stakes as prices increase,
they'll just let some cream float off the top.

Yes agreed, we are still in early adopter/evolution stages at the moment and these coins are going to get much harder to come by via POW and sooner than expected this year.
I say that with a slight smile as I have a wallet with my first HBN solo POW block dated 24-07-2013 - wish I could say I've mined continuously but ...

I suppose we will also need to account for the inevitable migration of GPUs away from the LTC and other currently profitable straight scrypt coins also beefing up the nethash on other coin.

It will be interesting to see how various implementations of POS holds up against the possibility of 51% when we consider just 3 of these "Titans" will produce more hash rate than the current HBN network.

Anyways I'm just wondering out loud because I know I need to know more.

*edit And as I type the nethash of HBN goes to 374 .. so call it a round 4 "Titans"

With the spread of gridseed and yesterdays announcement from KNC for the 100Mh Titan Scrypt miner are there any plans to fork HBN to a more resistant POW?

Excellent, thanks to you both for clearing that up for me.

So the 30 days is the maximum priority they can ever reach in competition with all stake ready (10+ day) coins on the network,
anything over 30 is just ignored.

Thanks Tranz

So how would you describe the max coin age of 30 days?
What does this mean in practical terms?

Wonder if you could clarify something for me.

I notice in the rich list (interesting browse) there is an address - Evg3P2W4sdfEbXsN1p5YxbE84hJFYmAnjQ ~ 133k HBN
This address has only 2 deposit transactions in Sept 2013 and hasn't staked since.

My question is on the coin age.

The coin age in that wallet is now over the 150 day mark, but the maximum coin age (an idea I'm not sure I grasp correctly) is 30 days for staking.

When (if the wallet is not lost) this address stakes will it generate for
a) 30 days coin age - is anything lost for holding a closed wallet for so long?
b) 150+ days,
c) multiple 30 day blocks adding up to 150 days?

Compounded interest or not?


Also I'd like to take the opportunity to say good job on this coin by all involved.

lol
good coins don't get totally abandoned. Wake up ... no redeeming factors here

Looks like you are connected to middlecoin - you should drop --no-submit-stale for that pool.

Quite true but HBN is very similar 2%  POS interest every 10 days gives ~100% annual so
its an obvious place for people interested in the idea of GRW to check out.

Add to that some historic interest, a philosophy and an innovating dev and it's actually a viable project.

But as you say plenty other coins out there, majority are garbage so no need to attempt to resurrect failed garbage.

One more for he ignore button I think.

Or maybe take a look at a coin that has a decent dev and some momentum behind it.
Why resurrect junk when there is a perfectly good and agile project working right here.


https://bitcointalk.org/index.php?topic=303749.0

 

You might be right, I don't need to pay £10 to get in as I mine, trade / hold; I exit crypto for costs only so no need to bring fiat into the exchange for me.
From my point of view the trading fees are in line with others, exit to GBP is faster, and when dealing with amounts over my experimental £750 it's cheaper cheaper in fees.

If I was a small investor I'd be put off by the £10 deposit and the BTC 0.1 trade minimum so they should review those if the plan is for a vibrant GBP exchange.
I've been mining for some time and my biggest issue is getting a near instant ~3-£5k volume exit at a sensible price / hassle factor.

The landscape is changing fast but in mid Dec 2013 this put a smile on my face.
If they take on customer suggestions and volumes rise Bit121 would be ideal for me if past experience proves the norm.

No evidence of a scam at bit121 from where I'm sitting.

I tested the site early Jan and transferred ~ £750 out to my UK bank
Flawless next day deposit - I prefer a flat rate to a % for the volumes I'd likely be trading out anyway.
I'll still complain about the £10 though


Before I traded there I had some issues with TFA which support was quick to reply and offer assistance on. Turned out it was my laptop anyway.

There is much to be done with improving the site -
Bit121 sent out an user input email couple of weeks back asking for suggestions / improvements to raise trade volumes.
I'm sure they got hit with a loud and clear message regards order book and associated data. Anyone else get that one ?
Some things seem to be being implemented as now there is an order book of sorts.

Communication with the community seems a bit lax as I wasn't aware of any updates being done to the site until I looked.

Anyway I'd use them again, other options all take longer and cost benefit is debatable as far as I can tell.

Worst thing I could try to accuse RealSolid of doing here is knowingly selling the second batch of mcxFEE with concerns about the site.
the more I think about it the more there were easier ways to manipulate his own markets anyway so I find that hard to call him on that.
naive maybe, his PR sucks but then he doesn't pretend to be anything other than a c++ coder who's proud of his work (maybe to a fault)
I think the facts the site took off hugely and crypto in general when ballistic created a perfect storm he couldn't deal with and scared to screw it up made a rash call.

 
We all knew McxFEE was a PUNT! on how RealSolid would develop the site and in his usual blunt and to the point way he shared his ideas openly while making no promises.
Some people got pretty greedy and are now complaining they paid too much when a trading reality hits home ... oh well its happened to me in much tighter regulated markets.
Fools and their money right.

We all have our coins back plus some interest from deposit interest
he is still fielding problems with withdraw/deposits/ lost password etc.
we all have our FEE which we can choose to sell at a loss or stick with our original faith in the mcxNOW idea lets hope he pulls through with V3.0 of the site

McxNOW chat is pretty full of people gutted that the site isn't trading and bemoaning ALL the other exchanges for the poor responsiveness user experience.
RealSolid is still there chatting and dealing with folk. It's a strange scam if it is one.

as someone said earlier
/watching
I'll add
/hoping
it was a good exchange and could be again.Here's hoping you prove the scam accusers wrong - you obviously have some historical friends round here mate :/

Get some PR RS, cos you line yourself up for these cheap shots and make it easy for the nay sayers. but better than saying nothing ala other exchanges silence is worst of all.


so now you may all accuse me of shill or whatever .. feel free its all BS from where I'm sitting - just a really bad call from a one man show.
Or maybe he saved me 1000s in potentially lost coin if he had been over confident in his code and expanded on regardless. just a thought.

Small withdraw ~1btc at about the same time, got the invalid message for about 10 mins, gave up and contracted support. replied 20 mins with a response which sounded like flannel but who knows.
20 minutes later transaction worked 2 hours later 6 confirms in the wallet. So not too bad considering the stories I'm hearing.

+1 on the mcxNOW has been a great exchange since I found it in early May