HoboNickels - HBN - High Fast Stake - Version 2.0! More Secure, Less Intensive

[ryanb]

If you like HBN, and want to see it continue to gain transaction. Please vote here.

https://bitcointalk.org/index.php?topic=360706.0

i voted

[1714325605]

1714325605

[1714325605]

1714325605

[1714325605]

1714325605

[1714325605]

1714325605

[Tranz]

If you like HBN, and want to see it continue to gain transaction. Please vote here.

https://bitcointalk.org/index.php?topic=360706.0

i voted

Thanks!

[micax1]

Voted!

[zeewolf]

Voted too!

[Tranz]

Thanks guys. We also now have a Mac Wallet ready. Same spot as the Win  https://github.com/Tranz5/HoboNickels/releases/tag/1.2.2.0

[deferson]

Voted!

[ryanb]

Thanks guys. We also now have a Mac Wallet ready. Same spot as the Win  https://github.com/Tranz5/HoboNickels/releases/tag/1.2.2.0

Thanks for the Mac wallet.

I have a question, my main wallet that is staking is running on windows machine, now if i install the mac wallet on my mac and load the wallet will it affect the stake as my mac is going to be on and off but the windows will remain running

[Tranz]

Thanks guys. We also now have a Mac Wallet ready. Same spot as the Win  https://github.com/Tranz5/HoboNickels/releases/tag/1.2.2.0

Thanks for the Mac wallet.

I have a question, my main wallet that is staking is running on windows machine, now if i install the mac wallet on my mac and load the wallet will it affect the stake as my mac is going to be on and off but the windows will remain running

Should be fine, as long as you are not using the exact same wallet. A newly generated wallet should be used.

[unick]

I still have a concern about staking... Does the wallet need to be always open in order for the stake to cumulate ?  I left my wallet closed for one day an nothing was mined in PoS.  But I've just launched it over one hour ago and I already received a payment for PoS... I guess it needs to be opened but then again might just be coincidence! is the PoS tied to the address and is carried by the network or the wallet needs to be open in order to gain thru PoS.

Thanks

[presstab]

Hi everyone, just wanted to drop in and discuss strategy for HoboNickels and all of our long term goals with the coin.

It is important for potential coin buyers to see that HBN has a liquid market with willing buyers, meaning that the bid/ask spread is narrow and there is plenty of ability to cash out or buy into HBN at any time.  I would recommend that everyone put buy orders in at a certain price so that we can set a price floor.  For instance if everyone puts a buy order in at .0003 for 200 or so HBN, then it adds to HBN's credibility to potential coin buyers, because the coin is more valuable.

The other thing is to hold onto the coins that you mine.  There are two reasons to do this, first you get you PoS mining from it which is very generous interest, and second it restricts supply of coins.  Simple economics tells us that if demand stays constant and supply is constricted then it will cause the price of the coin to rise.

Doing these two items will significantly help the economics of the coin over the long term and as the price of the coin rises, so will the popularity of the coin which is our ultimate goal.  Tranz can only do so much, us HoboNickel supporters have to be willing to do our part as well.

Any thoughts?

[vertebrae]

Tranz,

I use you advice:
addnode=5.249.152.30

{
    "version" : "v1.2.2.0-g38a5c87-hobo",
    "protocolversion" : 70002,
    "blocks" : 53984,
    "moneysupply" : 266680.49382100,
    "connections" : 7,
    "wallets" : 1,
    "proxy" : "",
    "ip" : "128.73.93.12",
    "difficulty" : 0.50978181,
    "testnet" : false,
    "paytxfee" : 0.00100000,
    "errors" : ""
}

Code:

rpcpassword=qweqwe
rpcallowip=127.0.0.1
rpcconnect=127.0.0.1
port=7372
rpcport=7373
maxconnections=100
addnode=5.249.152.30
noirc=0

I'm stuck on block #53984 - 120 days ago = 10413057 seconds.

Should I enable irc? noirc=1

[Tranz]

Here are a few other to try.


http://hobo.gets-it.net/peers.php


IRC can be used to supply your peers.dat, then you can turn it off next time you start the client.

[Tranz]

I still have a concern about staking... Does the wallet need to be always open in order for the stake to cumulate ?  I left my wallet closed for one day an nothing was mined in PoS.  But I've just launched it over one hour ago and I already received a payment for PoS... I guess it needs to be opened but then again might just be coincidence! is the PoS tied to the address and is carried by the network or the wallet needs to be open in order to gain thru PoS.

Thanks

Yes the wallet must be opened for it to actively stake. Closing the client will not allow it to speak with the network.  It will allow the coins to age, and give you a better chance at stake once you open it, but nothing will happen until you are connected.

Remember you are in competition for stake, just like PoW, against the other nodes.

[Tranz]

Hi everyone, just wanted to drop in and discuss strategy for HoboNickels and all of our long term goals with the coin.

It is important for potential coin buyers to see that HBN has a liquid market with willing buyers, meaning that the bid/ask spread is narrow and there is plenty of ability to cash out or buy into HBN at any time.  I would recommend that everyone put buy orders in at a certain price so that we can set a price floor.  For instance if everyone puts a buy order in at .0003 for 200 or so HBN, then it adds to HBN's credibility to potential coin buyers, because the coin is more valuable.

The other thing is to hold onto the coins that you mine.  There are two reasons to do this, first you get you PoS mining from it which is very generous interest, and second it restricts supply of coins.  Simple economics tells us that if demand stays constant and supply is constricted then it will cause the price of the coin to rise.

Doing these two items will significantly help the economics of the coin over the long term and as the price of the coin rises, so will the popularity of the coin which is our ultimate goal.  Tranz can only do so much, us HoboNickel supporters have to be willing to do our part as well.

Any thoughts?

A liquid market is important on both side.  I don't think everyone should put a buy at a certain level. Each person needs to decide what they think HBN is worth to buy and to sell. I am not a fan of pumps and dumps. I like a true market. Right now HBN is getting great buy side support.

For whats it worth, I do supply the sell side with small 500 blocks from time to time when it is looking like asks are drying up. If I get bought I put that right back into the buy side, at a little lower.  This allows those who want to buy the opportunity to do so, and still supports the miners, who want mine and dump..

You are right, a community is needed to be successful. 

Thanks!

[unick]

I still have a concern about staking... Does the wallet need to be always open in order for the stake to cumulate ?  I left my wallet closed for one day an nothing was mined in PoS.  But I've just launched it over one hour ago and I already received a payment for PoS... I guess it needs to be opened but then again might just be coincidence! is the PoS tied to the address and is carried by the network or the wallet needs to be open in order to gain thru PoS.

Thanks

Yes the wallet must be opened for it to actively stake. Closing the client will not allow it to speak with the network.  It will allow the coins to age, and give you a better chance at stake once you open it, but nothing will happen until you are connected.

Remember you are in competition for stake, just like PoW, against the other nodes.

Ok thanks I understand better 

[presstab]

Hi everyone, just wanted to drop in and discuss strategy for HoboNickels and all of our long term goals with the coin.

It is important for potential coin buyers to see that HBN has a liquid market with willing buyers, meaning that the bid/ask spread is narrow and there is plenty of ability to cash out or buy into HBN at any time.  I would recommend that everyone put buy orders in at a certain price so that we can set a price floor.  For instance if everyone puts a buy order in at .0003 for 200 or so HBN, then it adds to HBN's credibility to potential coin buyers, because the coin is more valuable.

The other thing is to hold onto the coins that you mine.  There are two reasons to do this, first you get you PoS mining from it which is very generous interest, and second it restricts supply of coins.  Simple economics tells us that if demand stays constant and supply is constricted then it will cause the price of the coin to rise.

Doing these two items will significantly help the economics of the coin over the long term and as the price of the coin rises, so will the popularity of the coin which is our ultimate goal.  Tranz can only do so much, us HoboNickel supporters have to be willing to do our part as well.

Any thoughts?

A liquid market is important on both side.  I don't think everyone should put a buy at a certain level. Each person needs to decide what they think HBN is worth to buy and to sell. I am not a fan of pumps and dumps. I like a true market. Right now HBN is getting great buy side support.

For whats it worth, I do supply the sell side with small 500 blocks from time to time when it is looking like asks are drying up. If I get bought I put that right back into the buy side, at a little lower.  This allows those who want to buy the opportunity to do so, and still supports the miners, who want mine and dump..

You are right, a community is needed to be successful. 

Thanks!

I think you are precisely right, there needs to be strong support on both the buy and sell side, which means a very tight bid ask spread. I do like seeing more depth on the buy side than sell side though.  And I am totally with you on pump and dumps. We need to do everything we can to keep the price of Hobonickels on a slowly increasing long term trend, not a quickly increasing price causing bubbles.  Anyways, I have been very happy with the trading volume of HBN lately on cryptsy, I think it shows that progress is being made.

[insanehero]

This seems like a scam coin....

[ryanb]

my wallet keeps going out of sync

it seems like i always have 12 blocks to catch up on

any ideas what is going on?

[presstab]

This seems like a scam coin....

Not a scam at all, just a developing coin in the early phases that is still trying to gain support from more community members!

[Tranz]

my wallet keeps going out of sync

it seems like i always have 12 blocks to catch up on

any ideas what is going on?

Hi ryanb, is this the win client or the mac client? How many peers do you have connected?  What is your block count and diff?