[HYP] HyperStake | Generous Reward Staking | Advanced Staking Controls & Wallet

[tevasu]

that brilliant mechanism is called ponzi, continuous version

Clever, funny words
That brilliant mechanism though is called "interest" which is the off setting risk reward for daring to enter
into a new business in the early stages of its megatrend and the compensation for market volitility that make typical supply demand price ratios a crap shoot
in a darkened alley.

[bitmaster1x]

that brilliant mechanism is called ponzi, continuous version

Clever, funny words
That brilliant mechanism though is called "interest" which is the off setting risk reward for daring to enter
into a new business in the early stages of its megatrend and the compensation for market volitility that make typical supply demand price ratios a crap shoot
in a darkened alley.

not clever, just ponzi, new idiots give their moneyz to the old ones,
and you need more and more idiots to sustain the process.

I think Desynct is joking, I know he's a smart guy from his other posts.

However, I think some clarification is in order.

So, if people go to a market and buys fish to feed their family, is that ponzi? No, it is not.

Perhaps some perceptions of a free market vs ponzi is skewed.

• A ponzi is a deliberate scam to defraud people and offers nothing in return.
• A free market is not a ponzi. A free market, like any market cannot exist without the support of a community or communities.

For example:

If you have a fish market, but no one wants to buy fish. After a period of time the fish market will go away because it is no longer supported by the community. However, if people like to eat fish to stay alive and fish is their preferred source of nutrients or like how it tastes, they'll continue to buy fish. However, if they don't make use of the fish it will rot, decompose and make a big stink, but the rotted fish still have utility value as it can be used to fertilize the soil. A fertile soil can grow fruits, vegetables, trees, flowers, grass and much more.

If people continue to buy more and more fish, it will create a demand for more fish resulting in new jobs or trades related to the market. As the demand grows so does its use of the resource to help support the fish market and as a result help it flourish and grow into other markets.

In regards to HYP, it offers value. What that value will become is dependent on the community supporting it. The stakes are rewards for securing and maintaining the network.

However, when no one trades, it will have a network, but not a healthy market. So in order to have a healthy market, people to need to trade as well. This means you need both sellers and buyers for a good balance. Having one without the other, does nothing for the whole. 

Hope that helps.

[bitmaster1x]

ok, fish it is.
according to POS protocol the only operation with that particular "fish" species
is selling its offsprings, baby fishes, you name it, in form of stakes.
you can't eat it, or use for anything else, only breeding...

The same could be said for 99% of other crypto currencies out there whether it is POS or POW.  

The only difference at the end of the day are the communities of those underlying coins.

[R2-D2R2]

How much % is the premine?

[bitmaster1x]

How much % is the premine?

http://www.presstab.pw/phpexplorer/HYP/charts.php?type=supply

hardly matters anymore, most have already sold a long time ago. However, there is plenty of opportunities ahead.

[presstab]

How much % is the premine?

http://www.presstab.pw/phpexplorer/HYP/charts.php?type=supply

Since HyperStake forked off of TRK's chain (same thing Etherium Classic did) the premine was never held by me or anyone else on HyperStake. TRK's premine was 120k coins. Many of those were dispersed to marketing and few other areas of TRK's plan if I remember right. Now that 120k is very minimal compared to the supply of 870mm.

[wwzsocki]

This is dead coin or what? I see this dev in several coins. Lately PIVX and now I will wait with investing in it.

[presstab]

This is dead coin or what? I see this dev in several coins. Lately PIVX and now I will wait with investing in it.

HYP is fine.

[iantunc]

ok, fish it is.
according to POS protocol the only operation with that particular "fish" species
is selling its offsprings, baby fishes, you name it, in form of stakes.
you can't eat it, or use for anything else, only breeding...
it's fishing ponzi then

This means that every pet shop is ponzi

[bitmaster1x]

ok, fish it is.
according to POS protocol the only operation with that particular "fish" species
is selling its offsprings, baby fishes, you name it, in form of stakes.
you can't eat it, or use for anything else, only breeding...
it's fishing ponzi then

This means that every pet shop is ponzi

Fish pawnz

[presstab]

I have been pretty busy lately, but I would love to start working on HYP a bit here and there in my freetime. Just cracked open the code the other day and started to poke around. Forgot how many features I have added to HYP over the years 

[bitmaster1x]

I have been pretty busy lately, but I would love to start working on HYP a bit here and there in my freetime. Just cracked open the code the other day and started to poke around. Forgot how many features I have added to HYP over the years 

Good to see you back in the neighborhood 

[foroplus]

Yes, good to see you here. I also follow you on PIVX thread, great job.
Last days seems that hypef wants to take off at least a little on Cryptopia.

[presstab]

Yes, good to see you here. I also follow you on PIVX thread, great job.
Last days seems that hypef wants to take off at least a little on Cryptopia.

Does anyone know the pricing to get HYP onto a different exchange? I know we used to be on bittrex, I wonder what it would take to get us back.

Cryptopia is a great functional exchange, but I don't think big money is there.

[bitmaster1x]

Yes, good to see you here. I also follow you on PIVX thread, great job.
Last days seems that hypef wants to take off at least a little on Cryptopia.

Does anyone know the pricing to get HYP onto a different exchange? I know we used to be on bittrex, I wonder what it would take to get us back.

Cryptopia is a great functional exchange, but I don't think big money is there.

Livecoin.net is decent, but they are currently not accepting any new coins. I already got it on two other exchanges, but the volumes are insignificant. There's really not a whole lot to choose from at the moment.

Cryptopia's volume should continue to increase over time as more users come on to the exchange. I'm market making HYP on all the exchanges that it's trading on or at least the ones I'm aware of.

[Bfljosh]

Yes, good to see you here. I also follow you on PIVX thread, great job.
Last days seems that hypef wants to take off at least a little on Cryptopia.

Does anyone know the pricing to get HYP onto a different exchange? I know we used to be on bittrex, I wonder what it would take to get us back.

Cryptopia is a great functional exchange, but I don't think big money is there.

Make a new truckcoin/hyperstake coin please. I believe in you.

[presstab]

HYP works very well. There is no need to make a different coin.

[foroplus]

Yes, good to see you here. I also follow you on PIVX thread, great job.
Last days seems that hypef wants to take off at least a little on Cryptopia.

Does anyone know the pricing to get HYP onto a different exchange? I know we used to be on bittrex, I wonder what it would take to get us back.

Cryptopia is a great functional exchange, but I don't think big money is there.

Poswallet is a new exchange that looks pretty well, although I think they have a lot of work ahead.
In addition, this exchange has a new feature, which is that you can stake your POS coins there. This is a very good idea for the people that don't want or cannot have the wallet open 24/7.
Seems to have a good future, who knows.

To add the coin, you need 1000 votes, and you can buy them for 11 POSWs each. POSW worth 5000 satos, so that's it's 0.55BTC

[Bfljosh]

HYP works very well. There is no need to make a different coin.

Yes there is. We need a new HYP to go to 10000 satoshi to be filthy rich.

[presstab]

HYP works very well. There is no need to make a different coin.

Yes there is. We need a new HYP to go to 10000 satoshi to be filthy rich.

hire presstab to re-make one lol

Yeah, I dont see anything holding anyone back from making their own coin. Good luck with it!!