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Tranz (OP)
Legendary
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Activity: 1540
Merit: 1052
May the force bit with you.
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July 14, 2014, 09:16:17 PM
Last edit: July 14, 2014, 09:38:38 PM by Tranz |
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inb4 the next wallet has a billion features takes a year to download and sync and we find 500 bugs
If you aren't creating new bugs you aren't doing anything. Having said that, new features will be part of a beta test before they are rolled out. I test aas best as I can all aspect of the new wallet before it is released. At block 1 million I can fully sync in under 12 hours. Not bad.. I just tested the old TIX wallet I had, which was very similar to version 1.0 of HBN and so far I am 3 days into the block chain download at 700k. So we have made some vast improvements, and will continue to do so. |
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Tranz (OP)
Legendary
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Activity: 1540
Merit: 1052
May the force bit with you.
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July 14, 2014, 09:23:54 PM |
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Another small idea would could be nice is a useful links section in the client. You could add a freenode chat link( which we could use for getting to know others in the community), the blockexplorer, this btcointalk thread, cryptsy trade, and maybe the main website all accessible from the client.
In my opinion the number one thing that needs to be thought about when adding anything to the wallet is SECURITY! Even something as simple as links to outside web pages can be exploited. Simply by taking over the site and redirecting it to a Trojan download. People may not know, or they may believe it is safe, since it is part of their wallet. So all of these things that are being put out here, I have thought about each and everyone one of them, some many months ago. Some of these may go forward, some may not, at least by me. |
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Tranz (OP)
Legendary
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Activity: 1540
Merit: 1052
May the force bit with you.
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July 14, 2014, 09:38:06 PM |
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Hi tranz,
From a marketing perspective I think hobonickels is not being promoted and adopted actively enough
More needs to be done. If mass adoption is to take place then,
The Nickels community needs more incentives to get it going.
I also think the 500 coin max limit wont help.
Not to be too worried about inflation. Other coins also face inflation with other costs such as mining/electricity
The Nickels dev team must first look at the cost/profit outcome for the entire nickel community. If the community does not see profit they will dump this coin
A market place within the wallet also should be considered.All the devs are vying for this
From an economic perspective the 2% is also not going to help keep the community involved. Stakers dont want to keep thier coins staking at the cost of pc usage, electricity, and time. It is not economically feasible. The rewards must must offset the expense. Just like the flaw that bitcoin is not dealing with,(Cost of minig verse profit)
If what I am saying is nonsense then I want the Nickels community to watch the coins current marketcap. If the coin goes back to its marketcap highs then I wont post again here but if I am right then I still wont need to post here because the coin will be gone way down the marketcap rank or maybe even dead.
The competition in the coin market is too fierce now, thats why Nickels has been steadily in decline. Simply put Nickels needs to change or die
Remember success is based on incentives, incentives, incentives. The community needs incentives to keep this coin
Thanks for your feedback. The 500 limit is not an incentive, it is a protection mechanism, see a few posts back. I think the inflation rate is important, and I plan to keep to the original idea of the coin. 5 PoW forever and 100% degrading yearly PoS, starting at 10 days. There is so little cost to stake, that at 100% yearly interest, it can be many magnitudes cheaper then electricity to run. My opinion on the price has been noted many times, but let me re-iterate. If we go to zero, we go to zero. If we hit 100, then great. Either way my plans as developer do NOT change. I said I would put in 2 years when I started. I am currently 9 months into it. So we still have a long way to go. What ways specifically would you change to make this coin more competitive? |
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unick
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July 14, 2014, 10:04:27 PM |
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I feel like I have to talk about something. I understand every coins taken a beating in July and they have, market sentiment seems negative at the moment, perfectly normal in cyclical markets.
Still something feels forced. Consistent looks at the Depth chart show Buy support is ALWAYS larger than sell support yet there's consistent~5-29000k dumps every day. Each dump waits for support to build and purposefully crashes through that support to reach a new low. In the last week alone we have seen over 230,000HBN dumped. The issue is that who ever is dumping isn't trying to maximise individual profit at all, it seems they are either:
a,Aiming at HBN hitting a certain price,
b, trying to crash the market,
or C, there's lots of medium stake holders leaving the market which are panicking and stupid frantically hitting the sell button.
We all know these are amazing times to buy in. I would of killed for these price just a month ago. Why the exodus? And more importantly who's buying in? If we have fresh community members, please introduce yourselves.
I have no idea what's going on, but I love your reasoning on this. If it's true that big players are playing the markets, then they are trying to enter at a low, low price and when they bought what they were looking for, we might be in for a nice swing up. if people are panicking, I wouldn't understand why? since I didn't hear any particular negative news lately. either way, only time will tell! HBN at around 5k sat is something I haven't seen for a long time! I wish I had more spare BTC to buy some more at these prices  |
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David Latapie
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July 15, 2014, 12:53:46 AM |
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So, if I understand correctly: if I have block that is more than 20000, I should split it. If I have blocks that are less than 500, I should merge with another one (in the context of optimising reward). I am pretty certain I am wrong, let just check how far I am wrong :) |
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Tranz (OP)
Legendary
Offline
Activity: 1540
Merit: 1052
May the force bit with you.
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July 15, 2014, 01:21:41 AM |
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So, if I understand correctly: if I have block that is more than 20000, I should split it. If I have blocks that are less than 500, I should merge with another one (in the context of optimising reward). I am pretty certain I am wrong, let just check how far I am wrong  You can split blocks bigger then 20k to make sure your reward doesn't get truncated. The wallet will split it for you anyway and the next 10 days you will get whatever your max rewards is going to be. Regarding combining to get the max, no this is not necessary at all. If you have 1 block of 10k, after 10 days you will get approx 270 coins reward for the stake. This is the max you can get. You are below the ceiling of 500 so you are good, you have realized the full reward of 2.7% over the 10 days. If you have 1 block of 30k, after 10 days the old system would pay you 810 coins, but the new system you would only get 500. Does that help clarify it? Basically there is not much for anyone to do. Just let the wallet do the work and you will be good. |
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Jamesco
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July 15, 2014, 03:22:53 AM |
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Hey guys, for some reason I cannot connect to my wallet through windows anymore(socket select error 10038 in my debug file). This happens across all of my wallets so is an issue on my end. Could someone please build the latest HBN wallet for Mac for me Please
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Tranz (OP)
Legendary
Offline
Activity: 1540
Merit: 1052
May the force bit with you.
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July 15, 2014, 03:35:52 AM |
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Hey guys, for some reason I cannot connect to my wallet through windows anymore(socket select error 10038 in my debug file). This happens across all of my wallets so is an issue on my end. Could someone please build the latest HBN wallet for Mac for me Please
http://hobonickels.info/ will have 1.4.0.1. What is in my github is still building towards 1.5, not completed yet. Not a lot to help with that specific error though. |
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ElTomeko27
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July 15, 2014, 04:49:30 PM |
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Hobo is very close to be added to allcoin.com
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ElTomeko27
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July 16, 2014, 03:42:48 PM |
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TEK also takes a price hit... like PHS, CAP and HBN. No mercy for alt;/
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Tranz (OP)
Legendary
Offline
Activity: 1540
Merit: 1052
May the force bit with you.
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July 16, 2014, 08:56:29 PM |
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Hobo is very close to be added to allcoin.com
This will be nice to get it on another exchange. |
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micax1
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July 16, 2014, 09:08:40 PM |
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hobo losing price... we need a pump )
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breakbeater
Sr. Member
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Activity: 444
Merit: 250
Life is a bitch, get used to it...
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July 16, 2014, 09:23:36 PM |
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And who is stopping you?
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micax1
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July 16, 2014, 09:46:26 PM |
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And who is stopping you?
I`m constantly buying, but don`t have much BTC now ( |
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sandpaper
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July 17, 2014, 02:28:53 AM |
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What would a good number for a pump be. 2 BTC to buy out the board up to 10k Satoshi or like 10 BTC to just constantly eat up whatever gets on the order as a reasonable price over time slowly buying upwards?
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presstab
Legendary
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Activity: 1330
Merit: 1000
Blockchain Developer
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July 17, 2014, 02:56:14 AM |
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What would a good number for a pump be. 2 BTC to buy out the board up to 10k Satoshi or like 10 BTC to just constantly eat up whatever gets on the order as a reasonable price over time slowly buying upwards?
I would recommend not trying to manipulate the market because if it goes wrong you can lose big with that type of money. Just buy some if you need it and maybe have some decent buy orders that will catch dumpers. |
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Tranz (OP)
Legendary
Offline
Activity: 1540
Merit: 1052
May the force bit with you.
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July 17, 2014, 03:15:51 AM |
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What would a good number for a pump be. 2 BTC to buy out the board up to 10k Satoshi or like 10 BTC to just constantly eat up whatever gets on the order as a reasonable price over time slowly buying upwards?
I would recommend not trying to manipulate the market because if it goes wrong you can lose big with that type of money. Just buy some if you need it and maybe have some decent buy orders that will catch dumpers. Agreed. Although if you were wanting to buy a lot quickly. I think the later can fill a big order quickly and help keep the price inflated for a while. Perhaps bringing in other investors or talent, which also yields further increases. Or not..  |
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