I have to say that although the price has dropped, that I am glad so I can buy more coins. If everyone has even bothered to see what is in store, check out the wiki, followed IRC or this thread, etc. then you will know this coin will go places. I am fairly certain the price rise and people selling stakes just happened to coincide so price would naturally have a dip. Nothing to worry about people. Take this opportunity to buy more HYP and let the staking begin.
The price "panic" seen over the last 24 hours is typical "herd mentality" in my opinion.... a few shepherds over on Polo Trollbox start shouting and the sheeple run scared. You see it over and over again. Soon, the ones who have bought high and sold low will realise they've made a mistake, and kick themselves for it. I keep a close eye on the top wallets, and none of them have shifted in terms of dropping their holdings - in fact, I noticed a certain wallet (msg me if you want the address), taking a very healthy stake of HYP today - over 250,000 to be correct! Think.... why would anyone be buying 1/4million HYP if there were problems ahead? 10BTC+ investment in less than 24 hours!!! HYP, as a coin, keeps going from strength to strength. The technical advances in POS are progressing nicely, there's been no hickups along the way, there's a ton of development in the background, a strong community (check out the IRC page for free HYP when it rains!), and we've picked up trolls too - all good signs of a coin that's going places. My advice? Do what HYP is intended for, hold your HYP, let it stake, and then decide what to do with your interest payments  |
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Hey Presstab I just wanted to say, the latest wallet, has some great updates. https://github.com/presstab/HyperStake/releases/tag/v1.0.6.6My personal favourite though is the fact you've now allowed me to not have to type my wallet password every time I consolidate my blocks together - which has saved me a LOT of time!!! I wonder what other people's favourite new features are? Answers below  |
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How does automatic coin control work?
Personally, I wouldn't want to see automatic coin control added. One of the things that keeps me intrigued about HYP, is the fact I HAVE to keep checking my wallet to ensure that my blocks are staking, then rearranging them to what I believe to be optimised. I could probably say I'm addicted to checking it. Look at it like a garden - if you don't look after it, your flowers will still grow, but not as well, and there'll be some weeds creeping in there too. I don't want blocks under 1k, (weeds), I want nice strong staking blocks (flowers) to shine through and earn me my optimised interest, and at the same time, compound my interest to give me advantage over others who don't take so much care. Now, if you decided to add an automatic coin control feature, then why not benefit the community wallet with it - set aside 1% of the S4C going towards the community wallet. If people aren't willing to optimise the results themselves, let them pay for it. 1% is nothing in the whole scale of things. Honestly though, consider not adding automatic coin control - you'll take away what I see as a big part of HYP's addictiveness. Just my opinion....... |
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Don't listen to the hype, but definitely vote HYP |
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Put me down for one of these |
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Caught this earlier when I was looking on Coinmarketcap.com  |
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Excellent, with HYP nearing $10k 24 H volume according to CMC, I think next goal should be just maintain this level of volume.
I think most ppl that are into high POS coins know that a stable price is more important then regular pump and dumps. While BTC and other alt coins took a little plunge, HYP and other high POS coins staidstayed very stable. FTFY. Sorry, I"m a bit obsessive on typos from smart people  Anyway, spelling aside, I agree. I've been with TEK for a long time and HYP since it started. In both cases, the level of FUD and stupidity is much lower than a lot of the competition. It's actually one of the reasons I was initially liked TEK and HBN, the communities were less full of nutjobs and seemed to be at least marginally aware of economic theory. FTFY. Sorry, I just had to.... it made me chuckle when the typo fixer makes a typo in the same post. You made the same clerical error when you corrected my "loose" last time. At least it put a smile on my face this Friday morning. :-) |
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So, if experienced HYPsters make this mistake, you can be sure a lot of less-experienced users did or will, A warning after 5k attempt of payment to yourself looks good.
"Are you sure you want to pay XXX HYP to yourself? Maximum useful block size is below 5k. All the staking on this HYP will be reset - don't become a mistaker!"
Exactly what I was thinking! It's been pointed out that in the future we may want to set a higher block size when the difficulty is higher - this isn't stopping you doing that, it's just a warning that you're being a "mistaker" |
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I thought I'd just share my latest experience with HYP - so that you don't make the same mistake as I just did! Up until now, everything's gone perfect, as far as I'm concerned, with MY management of my wallet. I'm a stickler for making sure that as soon as my blocks stake, I optimise them (merge together) to make new blocks of anywhere between 2,500 and 4,000 HYP. Anyone who's seen my earlier postings, will also remember I used 100GBP as a "test" to see the benefits of a HyperBank - buying 15,793 HYP, placing it in a separate address, in blocks of approx 2,500 HYP each, and leaving it to stake. Well, today I went to "optimise" my latest staked blocks, and unwittingly, I also managed to include ALL 15,793 HYP alongside my approx 3,000 HYP I was trying to merge together, into one massive 19,000 HYP block!!! "Annoyed as hell" would be a polite way of putting it. I'd screwed up my own experiment, and this is after 8 days - so they were "this close" to starting to stake!!!!!! So, where did I go wrong? And what can be done to stop it happening to other people? My issue (and I take the blame all on my own) was that I'd gone into Coin Control, and earlier in the day I'd been on "Tree Mode" and I'd left ticked the experiment address with the 15,793 HYP inside. Consequently, when I then went into List Mode, and selected 2 newly minted blocks to merge together, it added the entire lot together, resulting in the massive 19,000 HYP Block. Yes, the figures added up right on the screen showing this - it's just that I didn't take in what I was reading - afterall, I'd merged blocks together many many times before - why would this be different, right?..... Wrong! So, I've lost staking on all 15,793 HYP for 8 days worth. It won't kill me - it sure as hell made me mad with myself, but it got me thinking..... Presstab - I can see no obvious reason why anyone would want to send themselves blocks of HYP, over, lets say, 5,000 HYP. Is there any way that a precaution can be implemented into the wallet which, when "accidentally" sending such a stupid amount of HYP to your "own" addresses, the wallet can Red Flag this, making you think twice about what you're doing? On another note, in Coin Control, if you list by "Potential Stake" and have a reward of 1,000 HYP - the maximum reward, this will not show up at the top of the list - it will show in the 100's, so pretty much near the bottom (it sees 100.1 as a higher reward than 1000.0) - a small thing, but something you might easily update in the next wallet |
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Using the HYP richlist, I’ve seen some very encouraging figures. http://hyp.cryptocoinexplorer.com/richBasing the average price of HYP at 4000 SAT, we can say that: - Over 200 wallets have 1BTC or more held in them
- This rises to nearly 500 wallets when looking at 0.25BTC
- Close to 900 wallets have over 1,500 HYP – roughly the amount needed to stake successfully.
Whilst some people will have more than one address, personally, I believe it shows that the spread of HYP throughout the community is widespread.
Taking the top 20 wallets, which hold approximately 8.1m HYP, this accounts for just under 30% of the total supply of HYP in circulation, however a number of these wallets seem to be “lost”, having never staked in the time HYP has been around.
Personally, I think you’ll see the top 20 wallets slowly decrease in their % hold of the market, as owners are selling off their interest gained, and the top 5 wallet holders are proving to be great ambassadors of HYP by donating massively towards giveaways, faucets, and other initiatives.
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Wow did no one in crypto realize how amazing this is?? People seriously 80 satoshi for a coin thats being backed by a real industry??? CANN should be trading over 1k satoshi EASILY, time to wake up the whales this is like a mini version of URO - the urine + the THC= WTF satoshi prices!!! Buy this coin before it's too late and no i'm not a bag holder either because it's so cheap I could buy half the supply lol. Wake up whales, this is like crypto gold.  Just thought I'd repost this from August...... |
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Found some interesting reading just now - take a look at PressF1's data he's pulled on the growth of High POS coins, I've highlighted the HYP data below: https://bitcointalk.org/index.php?topic=241445.msg9173744#msg9173744It was some work but here it is. The development of the money supply of 2014 for HBN, CAP, TEK and HYP, all of them HighPOS coins.
I wondered how fast does this money supply increases for these coins? After all, interest rates varying from 100% till 750% is quite unheard of.
Well, check it out yourself, on the first of every month you'll find the block and the moneysupply at that exact moment. So everyone can check this if they like.
The last figure is the important one. There you find how much the supply has increased in a month. First HBN:
HBN 100%POS
Block MoneySupply Increase/mth
1-1-2014 461136 2330766 26,0%
1-2-2014 550116 2778403 19,2%
1-3-2014 630790 3206341 15,4%
1-4-2014 719789 3671800 14,5%
1-5-2014 806508 4106540 11,8%
1-6-2014 898413 4629448 12,7%
1-7-2014 988559 5068546 9,5%
1-8-2014 1080369 5521192 8,9%
1-9-2014 1173120 5985846 8,4%
1-10-2014 1262548 6467925 8,1%
HBN is in line with previous observations: the monthly increase of the money supply is quite low and getting lower every month.
CAP 200%POS
Block MoneySupply Increase/mth
1-1-2014 271241 2416978 18,4%
1-2-2014 315427 2709892 12,1%
1-3-2014 355404 2928686 8,1%
1-4-2014 399401 3170570 8,3%
1-5-2014 432912 3420718 7,9%
1-6-2014 476848 3680285 7,6%
1-7-2014 519426 4046888 10,0%
1-8-2014 565946 4812616 18,9%
1-9-2014 613331 5583618 16,0%
1-10-2014 662054 6367469 14,0%
For CAP, the increase is higher, reflecting a higher POS percentage. But also dropping. Interesting to see: POS-rate change from 1% to 200% in July.
TEK 500%POS
Block MoneySupply Increase/mth
1-1-2014 167445 203260 54,8%
1-2-2014 211821 281447 38,5%
1-3-2014 251768 387792 37,8%
1-4-2014 295710 533996 37,7%
1-5-2014 338564 715259 33,9%
1-6-2014 382532 986066 37,9%
1-7-2014 425505 1349745 36,9%
1-8-2014 469608 1830289 35,6%
1-9-2014 514595 2113023 15,4%
1-10-2014 569714 2421990 14,6%
TEK looks different. High increase and hardly any decline. Except for the last 2 months. But that's due to Fork issues. For 1-11, expect it back at around 35% again.
HYP 750%POS
Block MoneySupply Increase/mth
1-1-2014
1-2-2014
1-3-2014
1-4-2014
1-5-2014
1-6-2014
1-7-2014 27154 8485253
1-8-2014 44901 10557791 24,4%
1-9-2014 74355 14826453 40,4%
1-10-2014 103019 22309537 50,5%
HYP looks different again. It seems the monthly increase is highest of all and is still increasing as well.
I say still because the block chain is young and increasing increase with a fixed percentage is impossible.
I checked today and from 1-10 till today the percentage is already stabilizing somewhere between 45%-50%.
So quite amazing to see this all happening.
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Polo exchange has also been manic too - no2 on their top trades for the past 24 hours, taking 8.7% of their total trades!!!!!!! |
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For any of you who missed the action a few hours ago, HYP was on a real roll - and watching the scramble to grab hold of 100k HYP as it hit the market was manic! Bought in less than 5 seconds! Wow..... just wow! At the time, Coinmarketcap.com placed us at position 50 - it's a little lower today, but still, 58 is great position, and will continue to advance I'm sure.  |
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Well, I don't know how the math works here, but the last stake I received was 9/22. I've combined some of my 400 Blocks into one 1600 block of HYP. I left 1 block size of around 400 HYP which is on age 19 days. So far, nothing has staked. And yes, wallet is unlocked and on the latest version However, it always says estimated time to reward is 1 day. If you've set up Coin Control, then you can look at a couple of important indicators as to when you're going to stake, yet I've had other blocks that have staked with a much lower weight! Under the "Weight" column, as a general rule, the higher the weight, the more chance that particular block has of staking. Personally I'm looking at some blocks now that are over 10,000 weight and they're still trying to stake. You've also got to consider that if your blocks are too small (I have one at 245 HYP and it's not staked in over 2 months), then, it may never gain enough weight to ever stake. For example, after 30 days, your block stops gaining weight. (Weight is defined by taking the block size, and multiplying it by the time passed after 8.8 days, so a 400 Block after 9.8days would be worth a weight of 400, after 10.8 days worth 800 weight)..... someone correct me if my math is slightly out, but a 400 Block can only gain weight of 8480? (30 days - 8.8 days x 400) BUT, unless you're desperate to sell, it doesn't really matter when the blocks actually stake. You're still gaining interest every single day that passes - as long as the particular block eventually stakes. So, I don't know when you combined your blocks of 400 into a single 1600 block, but whenever you resize blocks, it resets the days staked back to 0. Your 1600 block should stake soon, your block of 400 could take a fair amount of time. Just leave your wallet open 24/7 to be in with more of a chance. PS - is this page 100? Oh yessssss ! 
I'd say that's pretty good going to go 100 pages with next to no haters, fud, or general problems!
HYP is going places, and it's great to be on board |
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How often is this coin staking?
If someone have 2000 coins, after he waited 9 days.
is it staking once every 9 days? or is it staking daily?
Im no expert but I think once block stakes it makes to new blocks of roughly equal size and you need wait for stake age again As an example.... If your block stakes after 9 days (it could be 10, 11, 12 - it's partly luck, partly due to the weight of your block, partly due to the network difficulty) Then you'll be awarded with the interest, lets say in this case it was 500 HYP In total you now have 2500 HYP. The wallet will now split this into 2 equal sized blocks, so now you have: 2 Blocks of 1250 HYP each. I hope that helps. |
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Good catch but it doesn't scale well.
Say you bought 100k and you are creating blocks of 1.6k. This is 62 recipients.
There is no point in splitting smaller than about 4000 since the wallet will split anyway every time it stakes, so all you want to avoid is that the stake size is higher than 1000, which means about 4000 input size. That means that you need to split the initial input over 4 addresses + change (5x 20k) and then each of those 5 inputs split again over 4 addresses + change 5x 5x 4k. Ready, just 6 transfers. You only need to create 3 extra addresses in your wallet and also set the "change" address to one of your wallet addresses. I have done this same for other coins that needed to be split in far smaller portions, so at one point I had over 1500 inputs in one wallet, about half of them staking (that wallet caused a lot of computer load). I guess Presstab knows what I mean, although he would be able to recombine inputs for his 1mio coins and only have 250 inputs of 4k. Right now my biggest input is 3364 HYP. I am collecting a large supply of smaller blocks under 1k. I am thinking that having lots of small blocks might be better in some respects. Staking is based off of hashing the information of each block. The more inputs you are hashing, the more likely you will hit the target. At least that is what I am thinking at this point. Also I don't mind having a higher wallet weight. Presstab - I think it's great you're keeping a lot of small blocks in your wallet personally - as the largest holder, you have the greatest influence essentially in how many HYP are mined per day. So, if you're only earning a small amount of HYP per block, and you're taking around 5-6% of the day's blocks (at an estimate) then effectively you're helping keep inflation lower, as only 960 blocks per day can stake. Nice work |
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One suggestion for the wallet - would it be possible to set it up so when sending blocks to yourself, you don't have to type your passphrase every time? (obviously for only encrypted wallets) Mine's a long one, and it gets tiresome doing it every time |
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Personally, I find the easiest way is to go to the Help / Debug / Console section of the wallet, and type " moneysupply " - it shows you "supply change" there - so for example, the last:
supply change(last 960 blocks)" : 317269.94208800, (that's 1 day)
"supply change(last 6,720 blocks)" : 1998888.41925900, (last 7 days)
"supply change(last 28,800 blocks)" : 6077268.07868000, (last 30 days)
Then, from that you can figure how many coins are generated, per block..... 317269 / 960 Blocks = 330 HYP per block generated.
So, it's 15 days since I last posted the above info, so I thought I'd share an update. Last time I calculated that the average block staked, produced 330HYP - far from the maximum 1000 HYP available. Looking right now, the figures show: "supply change(last 960 blocks)" : 330833.46177 (330833 / 960 Blocks) = 344 HYP per block generated. So, the average amount of HYP, generated per day, has only gone up 4% per block. For me, that shows that we're pretty much going steady, but what's also interesting is the order book. 3.6 BTC of sales takes HYP down to only 2500 SAT (500 SAT drop) 3.6 BTC of buys rides HYP all the way up to 5050 SAT (2050 SAT rise) There's a strong buy support here, and it keeps rising, day by day, and with the reversal of BTC price the last day or so, it's all looking quite good |
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