Oh, sorry. I should learn to be more explicit. You can set a command in your tekcoin.conf file (true of most if not all POS coins, actually) called reservebalance. It excepts a certain number of coins from stake eligibility so that they can always be traded. When the coins go into minting, they are unavailable for a fair amount of time. I don't recall how many blocks for TEK, but until the stake is finished, they are unavailable. To avoid that situation, you add the following line to your tekcoin.conf file:
reservebalance=999999
The number is arbitrary for this post. It can be any legitimate value. That many coins will not stake. Exchanges need to be able to move coins at a moments notice, so would likely have that set to a very high number to avoid anything staking. They make their money on the trades, not on POS. Now, if they reserved a certain amount to stake (and made it unavailable for trade) that would be a different thing. As a concept, this might be a good idea. A certificate of deposit sort of thing, perhaps with a basket of POS coins, where the depositor is paid a share of the earnings in exchange for giving up their coins for a specified period. It's something I've been thinking about for a while. Just not sure how to implement it, though Kushed's "hyperpool" looks like a good implementation. But for general exchange trades, the security and time risks are too great.

Oh, hell.
I shouldn't take the bait, but what the hell. I did indeed contact pbmining directly early on. I was asked to not reveal their identities beyond what was publicly known. But they did give me their names, which seemed to check out. I have said this as well, much earlier in the thread. It keeps coming around, and the fact that they are still able to pay out after this much time makes me think the ponzi cries are false. I could be wrong. But I don't think I am. I have them in my sig, and unless someone can prove they are not paying out, it will continue.

My report was hardly glowing on AMT. The miner worked, but it was a technobit HEX 16, not an original board. I was also very new to the scene. One board did blow out four months in, due to heating issues. According to Marto from technobit, this was due to the restrictive case. Running out of the case, the other board still works.

When it became obvious that I had been had, I said, as in your cherry picked quote, that they had done well by me. The rest of it, which you did not quote, was a long rant on customer service and call for them to step up their game. I've also worked with several of the litigants to give them what little information I have. I got suckered on that one. It  happens, I'm hardly a god.

I won't be doing that here, because pbmining has not failed to deliver what they promised. I think they are legit. If you don't, well, that's fine. I've not been deceptive. If you've actually followed this thread, not just the most recent posts, you know I've debated the merits both way and been fairly neutral. I have made some money off of it, and I've clearly stated that as well.

Looks like a lot of this has been covered, and my average is increasing. But I have been staking about 4500 coin blocks. I've only got a couple of those, so my average is likely to change heavily as the network difficulty gets bigger.

As noted, the "estimated days to stake" is not accurate. Press has been working on it, but there's really no way to make it accurate as random chance IS a factor in solving a block. Just like with PoW work. You could technically solve a bitcoin block with the core client and "gen=1" in your config. The odds are horrible, but it's still technically possible

My last round was 14 days, and the one before that was 15, so it appears my average is going up. Those blocks both staked after I posted this. originally.

EDIT: Never try to do technical things without caffeine.

because the wallet needs to be unlocked to mint. An exchange with a brain will always have their wallets locked except for that brief moment when they do a send. In addition, most would have reservebalance set ridiculously large to make sure that no block can stake.

Most of the trades at an exchange are ledger balance deals. It's only when you withdraw from their system that the wallet needs to be unlocked.

I don't remember, but it's in the last few posts in the thread and there's a wikia entry. Why here?

the max block subsidy. 1000 coins per block max. It's not 30 days, though, that's the last date that a block will gain more maturity. it's eligible to stake at 8.8 days. Not sure what the general average is a this time, but I'm averaging about 10 days with largish blocks.

At some point, most staking blocks should hit at or near max subsidy. Things will get interesing then

AMT screwed the pooch. I didn't endorse them and I have worked with the people suing them to the best of my ability.

I am NOT convinced that pbmining is a ponzi. If I were, I'd take it out of my sig. They've treated me well and I have yet to hear of any of their customers not being paid. It's been long enough that I doubt very much  that it would have been sustainable as a ponzi. My thought from day one is that they are seling half of the hash they purchase, and using that to sustain profitability.

If I'm wrong, I'm wrong. I have no direct proof one way or the other.

The two are not mutually exclusive

Seriously, though, I agree with you. I'm quite happy with pbmining, but I do wish they'd be more transparent. But they've got their minds set on the course they're on, and they've done well by me.

like -rgedit setgenerate true 1 (evil grin)

This.

I have people I consider friends on all sides of this. I don't particularly like being in the middle.

Actually, it's libel slander is speech, libel is print.

Sorry, my wife is a lawyer. I had to

Amazingly enough, given my frequent befuddlement, yes, I can. Checkpointing. It connects to the best chain UP TO the last checkpoint. Your understanding is correct in the absence of checkpoints, but they can alter the outcome.

I think Balls is a blip in the curve. It was and is obviously there for shock value, and made a splash. Whether or not this has anything to do with HyperStake, I couldn't say.

I actually think the cap on inflation by block will work out well in the long run. Remember, Zer0Sum, the coins whose stability you note are much older than HyperStake and have had time to find their proper market price. HyperStake will still, to some degree, be affected by trends affecting new coins. HBN and CAP, not as much.

I suspect the price drop has more to do with the beginnings of maturity, as people are probably regularly selling a portion of their stakes now, as they have built a sizeable enough stake to take some profit. This means that there is more supply available at this time, which will have a downward pressure on prices. Of course, it will probably also go in waves, as people realize that the more they have, the more they can stake in a day, and onward. Pretty soon the nominal 750% will drop pretty dramatically as practically every block hits max subsidy. It's not overly simplistic, it's simple elegance.

The short answer is yes

Noise23 and I are actually working on this problem right now. He has pushed some minor changes to git, but I don't know if they're committed yet. They should help to mitigate the issue.

True that.

Right now, I and Mafort are the ones trying to take it over, if we can figure out how to do it and get the necessary assistance. If you can help, that would be very cool. I have one account, and my real name is out there in the forum

My issue is time. I post on here quite a bit while waiting on things, but it's between tasks. I work about 60 hours a week right now. That should taper off in a couple of months, but that is somewhat unpredictable. I don't know Mafort's situation, we've just talked a few times about this. I'm not a large holder myself, I just like how well the code works on staking. And I'd like to get my feet wet with development work at some point. I guess we'll see where it goes.

Just a guess here, but the payout seemed earlier to me. That could be it.

Unfortunately, I can't offer any actual assistance.

However, I would, if it were me, go in when I got home and demand that my account be closed and cashed out immediately, and I'd take a lawyer and a cameraman with me. I would very openly accuse them of fraud and misappropriation of funds, and I would file a complaint with the central banking authority.

Then I'd put that video on every social media site in the world and pimp the hell out of it.

Banks don't hold all the keys. They think they do, but cash hasn't yet been made illegal. And BTC and it's successors will soon enough render them irrelevant if we all stay the course.

EDIT: The negative publicity could potentially cost them millions, especially if you encourage people to remove all funding from that institution. As long as your statements are factual or clearly stated as opinion, there is really nothing they can do about it.

Paid!

EDIT: And first for once

To the gentleman or lady who over the last few days has bought a fairly significant amount of hash under my ref link, THANK YOU!

I was told it was bad form to post customer numbers, but you know who you are even if I don't

pbmining still going great for me, two asic machines have failed. (though my gridseed continues to be a beast!)

FUDcoin, a real, genuine phony!

An' whaddya mean soon? Have you seen EVERY other coin's threads? Y'all just went public is all that changed

semi serious note: Why the bloody fuck are the mods moderating THIS thread? That's just sick and wrong.