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

[chrissibel]

Great time to buy HBN. super cheap. new wallet coming soon too

[Whoisthelorax]

Wow HBN is sure took a beating this month.  Beating might not be the right word...decimation perhaps?  It's a shame because the coin itself, and especially the wallet, are great.

I'm beginning to think maybe the PoS rewards might be too high though. Anyone else?  I think it is so high that it will just inflate the coin lower and lower, unless a) bitcoin usd/btc price nose dives  or b) a huge expansion of the number of places you can spend HBN on products happens.  

PoS rewards cost next to 0 energy to make, so basically, users get 'free coins' after investing. Because there is no cost (in power ) to produce the coins though, and nowhere (hardly) to spend them on any products, the only real option is to trade HBN for BTC. So there is a huge downward pressure on the price, that so far, has only been avoided by newcomers & investors coming to the coin to buy initial staking amounts. But in real basic terms there is more pressure to sell then there are buyers. I'm pro HBN and pro PoS but do now think if the PoS rate of return is too high, it will be detrimental to the price, not beneficial. I think half the rate PoS from what HBN has would be better.

I'm rooting for this coin and holding lots still, but sure is tough for [any] alts when there are now over 250 (or whatever, didn't check) coins out there. Maybe a team member whose role is just promoting HBN could have a big impact... I always think of Doge: the coin itself was nothing special at all, one of a hundred, but it took off with such great advertising and community growth.

Whatever the case may be, good job Tranz, the wallet is awesome.

Every coin I hold has taken a beating since 1st July. I think we're seeing profit taking more than anything fundamental to the coin.

That being said, you are right and then some about one thing, and it's not just this coin. There is not enough merchant support. I think that is the next thing that MUST be addressed by the crypto community. BTC you can buy shit with, so all coins end up being BTC sooner or later. Not the proper situation if you are doing something more than a fun experiment. HBN is a very well devleloped coin, with active support by it's dev team and a good many outsiders. It, and a few others, need to be pushed into the real world as transactional instruments. I actually think the high staking could end up being a huge asset for that very purpose, as merchants who accept payment in a high staking PoS coin are likely able to profit beyond just the sale, and in turn can offer discounts because of it.

If HBN were accepted at, say, Starbucks, do you think there would be a constant selloff? Or would buy pressure rise? I know which way I think it would go

starbucks wont be accepting hobonickels any time soon.

HBN is such a good pitch to your local pizza place or any local merchant. If you are friends/acquiantances with anyone like that, talk to them about BTC/HBN in tandem. I think if they realized they did $500 in business with Hobonickel, which is a small amount and not necessarily something a business person would need to cash out immediately, then they could actually be doubling their money in the long run. And with HBN, they can sell after 90 days, lets say, and make 2% 9 times before getting USD. If you could get 100 honest listeners of the local business persuasion to a conversation about BTC and HBN, i bet you could get more HBN accepters than BTC accepters.

Once a few hundred small town businesses are accepting Hobonickel, then we are in business, imo. Starbucks and Mcdonalds hasnt even happened for bitcoin yet, its way in teh future for us. Getting a local person to accept it could happen tomorrow.

[Tranz]

HBN is such a good pitch to your local pizza place or any local merchant. If you are friends/acquiantances with anyone like that, talk to them about BTC/HBN in tandem. I think if they realized they did $500 in business with Hobonickel, which is a small amount and not necessarily something a business person would need to cash out immediately, then they could actually be doubling their money in the long run. And with HBN, they can sell after 90 days, lets say, and make 2% 9 times before getting USD. If you could get 100 honest listeners of the local business persuasion to a conversation about BTC and HBN, i bet you could get more HBN accepters than BTC accepters.

Once a few hundred small town businesses are accepting Hobonickel, then we are in business, imo. Starbucks and Mcdonalds hasnt even happened for bitcoin yet, its way in teh future for us. Getting a local person to accept it could happen tomorrow.

This is a great idea. I do pay bounties for new merchants. If that merchant is a charity or has a real world business that will accept HBN, that bounty will be more.

The only issue will be getting a mobile app for HBN. I think this will be my future focus after v1.5 is complete.

[ElTomeko27]

Hello:)

Keep on voting for hobo on AllCoin.com. We are on the second place right now:)

[georgidimitrov]

Why there are only six instead of eight digits after the decimal point in our wallet?

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websitetrafficdelivery[dot]tk - HBN/DOGE accepted

[Tranz]

Why there are only six instead of eight digits after the decimal point in our wallet?

-----------------------------------------
websitetrafficdelivery[dot]tk - HBN/DOGE accepted

It was just the way it was originally coded from PPC.  Since the min send/fee is .001. That is lowest that can be sent.

[psybits]

It's too bad Tokyo locked his investment thread. That was a cool read. I think it helped maintain value as well since it kept HBN in the lime light a bit.

The current price is pretty sweet for buying. I shut all my miners off due to summer and am just waiting for my Gawminer Falcon to get here to fire up and build some btc to buy more hbn.

I do apologize for locking the journal. But I was being threatened by some trolls that they were going to spam the thread. I didn't want them to bring any negativity to my journal or to HBN so I decided to lock it. Also, the Hypercoin guys were using my thread to pump HYPER so that was also another reason why I shut it down, for now.

I might unlock it and do some monthly updates, but I will not leave it open for questions or discussion, as trolls might use that opportunity to spam the thread.

It is unfortunate it has come to that, but that is where I find myself now. I am still invested in HBN and it has allowed me to expand my investments into other coins, while still supporting HBN. It has been a very useful financial tool for me to generate ROI and it will continue to be one of my main altcoin holdings.

Tokyoghetto you tried to destroy a coin that trusted you and your "helping" hand.

All I've seen from the HYPER team is hard work and all I've seen from you is negative bullshit.

No one threatened you, you obviously just can't take what you dish out liberally.

gtfo

[Biomech]

It's too bad Tokyo locked his investment thread. That was a cool read. I think it helped maintain value as well since it kept HBN in the lime light a bit.

The current price is pretty sweet for buying. I shut all my miners off due to summer and am just waiting for my Gawminer Falcon to get here to fire up and build some btc to buy more hbn.

I do apologize for locking the journal. But I was being threatened by some trolls that they were going to spam the thread. I didn't want them to bring any negativity to my journal or to HBN so I decided to lock it. Also, the Hypercoin guys were using my thread to pump HYPER so that was also another reason why I shut it down, for now.

I might unlock it and do some monthly updates, but I will not leave it open for questions or discussion, as trolls might use that opportunity to spam the thread.

It is unfortunate it has come to that, but that is where I find myself now. I am still invested in HBN and it has allowed me to expand my investments into other coins, while still supporting HBN. It has been a very useful financial tool for me to generate ROI and it will continue to be one of my main altcoin holdings.

Tokyoghetto you tried to destroy a coin that trusted you and your "helping" hand.

All I've seen from the HYPER team is hard work and all I've seen from you is negative bullshit.

No one threatened you, you obviously just can't take what you dish out liberally.

gtfo

Gentlemen..

Take it outside. This is a nice bar.

[ElTomeko27]

It's too bad Tokyo locked his investment thread. That was a cool read. I think it helped maintain value as well since it kept HBN in the lime light a bit.

The current price is pretty sweet for buying. I shut all my miners off due to summer and am just waiting for my Gawminer Falcon to get here to fire up and build some btc to buy more hbn.

I do apologize for locking the journal. But I was being threatened by some trolls that they were going to spam the thread. I didn't want them to bring any negativity to my journal or to HBN so I decided to lock it. Also, the Hypercoin guys were using my thread to pump HYPER so that was also another reason why I shut it down, for now.

I might unlock it and do some monthly updates, but I will not leave it open for questions or discussion, as trolls might use that opportunity to spam the thread.

It is unfortunate it has come to that, but that is where I find myself now. I am still invested in HBN and it has allowed me to expand my investments into other coins, while still supporting HBN. It has been a very useful financial tool for me to generate ROI and it will continue to be one of my main altcoin holdings.

Tokyoghetto you tried to destroy a coin that trusted you and your "helping" hand.

All I've seen from the HYPER team is hard work and all I've seen from you is negative bullshit.

No one threatened you, you obviously just can't take what you dish out liberally.

gtfo

Gentlemen..

Take it outside. This is a nice bar.

Agree. Its Hobo thread not Hyper or any other coins...

[psybits]

I agree too, sorry to see HBN value where it is today. Still it's a good time to buy.

[wood7]

the dec was hero?look

[wood7]

the dec was hero?look

[PressF1]

Version 1.5 is now being started. Please see this thread at CCT for updates as they happen. I expect a few months dev, q/a time, and relased in Q3 '14

If you have any comments feel free to post here or in the offical 1.5 thread.

https://cryptocointalk.com/topic/13199-preparing-hbn-v15/?p=110260

Thanks!

I have a suggestion for new wallet functionality:

A possibility to sent recurring transfers, like 10 HBN every day to some other wallet until you cancel it, or with an end date that you provide. Would be quite fancy and unique. (as far as I know being a newby)

[tokyoghetto]

It's too bad Tokyo locked his investment thread. That was a cool read. I think it helped maintain value as well since it kept HBN in the lime light a bit.

The current price is pretty sweet for buying. I shut all my miners off due to summer and am just waiting for my Gawminer Falcon to get here to fire up and build some btc to buy more hbn.

I do apologize for locking the journal. But I was being threatened by some trolls that they were going to spam the thread. I didn't want them to bring any negativity to my journal or to HBN so I decided to lock it. Also, the Hypercoin guys were using my thread to pump HYPER so that was also another reason why I shut it down, for now.

I might unlock it and do some monthly updates, but I will not leave it open for questions or discussion, as trolls might use that opportunity to spam the thread.

It is unfortunate it has come to that, but that is where I find myself now. I am still invested in HBN and it has allowed me to expand my investments into other coins, while still supporting HBN. It has been a very useful financial tool for me to generate ROI and it will continue to be one of my main altcoin holdings.

Tokyoghetto you tried to destroy a coin that trusted you and your "helping" hand.

All I've seen from the HYPER team is hard work and all I've seen from you is negative bullshit.

No one threatened you, you obviously just can't take what you dish out liberally.

gtfo

I didn't try to destroy anything. Hyper did that to themselves.

If all you see if negativity from me, then you need to get your eyes checked. As I recall Leptoon was apart of your team, until he dumped the fund he was entrusted with. I never said Hyper threatned me, I said you guys were using my thread to promote your coin.

as far as the threats, here is one that was made against me.

Homonipples? Where?

Haha high five.

Fear not SuperCoin fans. I am here to protect you from these Homonipples scumbags who were scumbagging in your thread. This is short term. Because of Homonipples scumbag salesmen getting extremely scammy and pumpy/dumpy these days, the fight will be taken to Homonipples thread run by the ghetto salesmen eventually.

This is short term protection.

take your own advice, and gtfo.

last time I am addressing you in anyways, shape or form. You are a waste of time.

[David Latapie]

Every coin I hold has taken a beating since 1st July.

People cashing out for holidays? idk, just a thought? Opinions?

[tokyoghetto]

Every coin I hold has taken a beating since 1st July.

People cashing out for holidays? idk, just a thought? Opinions?

I was thinking something along those lines. Summer vacations and  long-weekends usually means lower volumes and people cashing out to pay for trips. Also people want money to party, home renovations etc etc.

This is what I think has affected most coins.

[David Latapie]

Thank tokyo. Another question for everyone:

Having merchants that want to KEEP a coin is what can make it appreciate in value. If they simply accept them and then dump them for btc/usd the value stays the same, or perhaps even decreases.

Even bitcoin is not kept by merchants, AFAIK. Accountancy requires fiat, how could they keep BTC? I guess this question has been asked several times, please feel free to point me at any discussion relative to this topic.

By the way, I just twittered about allcoins.com and got a +50 votes for HBN as a consequence (new +50 vote tweet initiative). Since HBN is #2, it will probably soon be added (especially if other holders do the same). Then we could move to promoting the second high-PoS (currently CAP).
https://twitter.com/davidlatapie/status/488356762689736704

Finally, I started a comparison feature of familiar high-PoS. The goal is not competition (X is better than Y) but cross-fertilisation (X has feature A but not feature B that Y has; let's add it). Inspiration is the improvement in 3D video card after 3D benchmarks arrived in the 90's. I only added feature that are unambiguously beneficial (bold part, the italic part are just information and prone to change).
Proof-of-stake List - Features comparison (it is a multitabbed spreadsheet and this tab is a new one)

[psybits]

It's too bad Tokyo locked his investment thread. That was a cool read. I think it helped maintain value as well since it kept HBN in the lime light a bit.

The current price is pretty sweet for buying. I shut all my miners off due to summer and am just waiting for my Gawminer Falcon to get here to fire up and build some btc to buy more hbn.

I do apologize for locking the journal. But I was being threatened by some trolls that they were going to spam the thread. I didn't want them to bring any negativity to my journal or to HBN so I decided to lock it. Also, the Hypercoin guys were using my thread to pump HYPER so that was also another reason why I shut it down, for now.

I might unlock it and do some monthly updates, but I will not leave it open for questions or discussion, as trolls might use that opportunity to spam the thread.

It is unfortunate it has come to that, but that is where I find myself now. I am still invested in HBN and it has allowed me to expand my investments into other coins, while still supporting HBN. It has been a very useful financial tool for me to generate ROI and it will continue to be one of my main altcoin holdings.

Tokyoghetto you tried to destroy a coin that trusted you and your "helping" hand.

All I've seen from the HYPER team is hard work and all I've seen from you is negative bullshit.

No one threatened you, you obviously just can't take what you dish out liberally.

gtfo

I didn't try to destroy anything. Hyper did that to themselves.

If all you see if negativity from me, then you need to get your eyes checked. As I recall Leptoon was apart of your team, until he dumped the fund he was entrusted with. I never said Hyper threatned me, I said you guys were using my thread to promote your coin.

as far as the threats, here is one that was made against me.

Homonipples? Where?

Haha high five.

Fear not SuperCoin fans. I am here to protect you from these Homonipples scumbags who were scumbagging in your thread. This is short term. Because of Homonipples scumbag salesmen getting extremely scammy and pumpy/dumpy these days, the fight will be taken to Homonipples thread run by the ghetto salesmen eventually.

This is short term protection.

take your own advice, and gtfo.

last time I am addressing you in anyways, shape or form. You are a waste of time.

lol still off topic I see in a discussion you've started? Whatever you've quoted above has to do with Supercoin and has nothing to do with anything we've been discussing. You've got no idea what you're talking about as usual. In the thread you said things to HYPERfuture that normally come from neck beard basement dwellers. Just because you missed out on 100 K HYPER you wanted to dump lol. Ditto to you buddy, ditto to you.

[David Latapie]

there are now over 250 (or whatever, didn't check)

467+, according to coinreporting.com

I have a suggestion for new wallet functionality:

A possibility to sent recurring transfers, like 10 HBN every day to some other wallet until you cancel it, or with an end date that you provide. Would be quite fancy and unique. (as far as I know being a newby)

I like it. Plus a automatic HBN-to-flattr payment processor would be great. Far above what HBN is supposed to do payment processing is not HBN's job) but still an interesting thing to consider.

[ElTomeko27]

Every coin I hold has taken a beating since 1st July.

People cashing out for holidays? idk, just a thought? Opinions?

I was thinking something along those lines. Summer vacations and  long-weekends usually means lower volumes and people cashing out to pay for trips. Also people want money to party, home renovations etc etc.

This is what I think has affected most coins.

In my opinion people are selling most of alts for BTC. Big promising BTC and Pay Pal fusion.