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

[zakorus]

p8DMtvEXD6RWjQETQFAb9rJxhgrjK8kgrn can i haz some

[presstab]

p8DMtvEXD6RWjQETQFAb9rJxhgrjK8kgrn can i haz some

Easiest way to get some HYP is from our tipbot on ##hyperstake

[zakorus]

p8DMtvEXD6RWjQETQFAb9rJxhgrjK8kgrn can i haz some

Easiest way to get some HYP is from our tipbot on ##hyperstake

the irc you told me to go to is invite only
edit thats odd it let me in

[presstab]

p8DMtvEXD6RWjQETQFAb9rJxhgrjK8kgrn can i haz some

Easiest way to get some HYP is from our tipbot on ##hyperstake

the irc you told me to go to is invite only
edit thats odd it let me in

Its a public channel, should have no problems.

[Voltarius]

p8DMtvEXD6RWjQETQFAb9rJxhgrjK8kgrn can i haz some

Easiest way to get some HYP is from our tipbot on ##hyperstake

the irc you told me to go to is invite only
edit thats odd it let me in

Its a public channel, should have no problems.

I got in just fine, so it should work for you too.  Make sure you have two of the '#', not just one.

[Real_Unhooked]

Have you bought your daily dose of HYP today? If not buy some, it does wonders to your health to see it multiply

[cycoinminer]

Have you bought your daily dose of HYP today? If not buy some, it does wonders to your health to see it multiply

No buying, just plenty of multiplying!

Had about 3,000 HYP added to the kitty today, always a nice little bonus

What's that song again?? ?? ??

Hyp can make you feel good - Kavana
https://www.youtube.com/watch?v=y1BrhzaEHvs

[presstab]

Thread is slow over the past day, but don't be fooled, there is a lot going on.

I am working on porting over Stake For Charity changes from Tranz, as well as the basic block explorer for the wallet. Should have this wrapped up today or tomorrow.

Mafort1469 is working on a detailed write up for HYP and PoS and exactly how it works, so that newcomers can easily find the information they need.

ZeeWolf is completing the GUI enhancements, and has several awesome sounding stylesheets for the wallet, including the mentioned Poloniex and HyperBlue themes. This should be really cool because ZeeWolf is working on getting these stylesheets to be loadable on runtime, and having the wallet remember your theme choice on initialization.

Facebook pages are looking great.  We also have a member in the process of creating a crypto based social network, of which HYP might play a major part.

Also we have an opportunity to work with Mintcoin for their charity fund that David helps with. If anyone is interested in heading up a position for HYP let me know.

[kyma]

finally staking my HYP   this is awesome. presstab, i can't thank you enough! Miners dominate this market and it feels great to have this opportunity!

[aragoon]

In the case of HYP I would like to buy some, stake and then sell. Maybe I'm completely missing the point here but all the talk is about 70% interest which, it seems to me, is subject to selling price of HYP.
So, I buy 1.0 HYP for .00001010. I stake according to time limits etc and end up with 1.7 HYP (max) which I then try to sell at todays price .00000715 (if I'm only selling 1.7 HYP and not 50,000 HYP) I get .00001216 and I'm up .00000206. About 20%.
If I wanted to sell 50000 HYP, I would be completely screwed.
I may be missing some esoteric knowledge here and I'd like to be educated. Help please.  

Sorry, probably need to add that this is absolutely NOT any type of fud. Just trying to grasp how to make the most of an innovative experiment. 

[presstab]

In the case of HYP I would like to buy some, stake and then sell. Maybe I'm completely missing the point here but all the talk is about 70% interest which, it seems to me, is subject to selling price of HYP.
So, I buy 1.0 HYP for .00001010. I stake according to time limits etc and end up with 1.7 HYP (max) which I then try to sell at todays price .00000715 (if I'm only selling 1.7 HYP and not 50,000 HYP) I get .00001216 and I'm up .00000206. About 20%.
If I wanted to sell 50000 HYP, I would be completely screwed.
I may be missing some esoteric knowledge here and I'd like to be educated. Help please.  

Sorry, probably need to add that this is absolutely NOT any type of fud. Just trying to grasp how to make the most of an innovative experiment. 

The most important think with HyperStake is to be realistic. Should you invest 100 BTC and then cash out in a week? No.

HYP, like most high rate PoS coins, has a shallower market. It doesn't do well to instantly buy or sell large volumes of the coin. But, I do want to point out that within the last 24 hours HYP had 2 dumps of 75k HYP and still withheld the exchange rate fairly well.  But the best way is to buy or sell over a period of time, feed the market slowly with buys or with sells. This is beneficial both for the market and for the trader who will get a better price.

And also the rate is 750% annually which comes out to about 18.5% after 9 days (its time to maturity).

Its important to note that even though exchange rate could go down, the value of your holdings can still increase. So if you were to buy 1,000 HYP @ 800 sats and then after 9 days you get your stake and have a total of 1,185 HYP.  The exchange rate could go down all the way to 675 sats and you still break even... But that is only your reward of one stake cycle. You will be faced with a choice to sell all the HYP, sell the stake reward, or to compound it all.

HYP has rewarded most of the coin holders fairly well for their ability to maintain our block chain.

But the main point of HyperStake is not to make people get rich... it is a coin that is an experiment in coin economics, and also one that gives the mining rewards to those that have coin age rather than hash rate.

[aragoon]

Thanks for that reply. I do actually intend to allow cobwebs to form on my HYP which I staked from day 1. Even with low market price I can see your point that I would still come out pretty well. Let's face it, where else offers that percentage? So, yes, I'm happy to take part in the experiment. Guess I was just looking for reasoned reassurance which you have provided. Thanks. 

[tokyoghetto]

HYP has been a solid coin in my portofolio. I haven't sold any since it was created. I just enjoy cracking my client open every 9 days and helping secure the network.

[waxo]

i think i am a good exemple :

i have mined TRK , got arounf 120K , i could sell them at pic for around 0.8 BTC, i did not dit it, then HYP came and now it has been multiplied by 4 just by stake , so it's already a 400% profit ( i don't sell them ).

and i forgot i still have my TRK staking also .

buying HYP is like a life insurance !

ps : when i am on Polo trollbox , it's always a pleasure to give some HYP and also promote it .

i give about 2000 HYP on the trollbox when i am there .

Nice job Dev team.

Next step for HYP is Mintap v2 ?

[foxy]

Thread is slow over the past day, but don't be fooled, there is a lot going on.

I am working on porting over Stake For Charity changes from Tranz, as well as the basic block explorer for the wallet. Should have this wrapped up today or tomorrow.

Mafort1469 is working on a detailed write up for HYP and PoS and exactly how it works, so that newcomers can easily find the information they need.

ZeeWolf is completing the GUI enhancements, and has several awesome sounding stylesheets for the wallet, including the mentioned Poloniex and HyperBlue themes. This should be really cool because ZeeWolf is working on getting these stylesheets to be loadable on runtime, and having the wallet remember your theme choice on initialization.

Facebook pages are looking great.  We also have a member in the process of creating a crypto based social network, of which HYP might play a major part.

Also we have an opportunity to work with Mintcoin for their charity fund that David helps with. If anyone is interested in heading up a position for HYP let me know.

presstab all up in here doing my job GET BACK TO WORK

[presstab]

Thread is slow over the past day, but don't be fooled, there is a lot going on.

I am working on porting over Stake For Charity changes from Tranz, as well as the basic block explorer for the wallet. Should have this wrapped up today or tomorrow.

Mafort1469 is working on a detailed write up for HYP and PoS and exactly how it works, so that newcomers can easily find the information they need.

ZeeWolf is completing the GUI enhancements, and has several awesome sounding stylesheets for the wallet, including the mentioned Poloniex and HyperBlue themes. This should be really cool because ZeeWolf is working on getting these stylesheets to be loadable on runtime, and having the wallet remember your theme choice on initialization.

Facebook pages are looking great.  We also have a member in the process of creating a crypto based social network, of which HYP might play a major part.

Also we have an opportunity to work with Mintcoin for their charity fund that David helps with. If anyone is interested in heading up a position for HYP let me know.

presstab all up in here doing my job GET BACK TO WORK

Ha ha! You gotta stay in the loop foxy! I haven't seen you show up in your rain boots on ##hyperstake in a bit!

[akula999]

So I have a question and a possible issue. I've been staking HYP for over 1 week. The estimated time has come and go and I haven't received anything?!
Wallet address:  pDLU95MYUpybfHheJno65tmwUt96jxm17b

I have 1100 HYP in the wallet. It's unlocked and staking.

Now my wallet says estimated time to earn reward is 23 days?!?! WTF?

Is this a scam or an issue with my wallet?

[presstab]

So I have a question and a possible issue. I've been staking HYP for over 1 week. The estimated time has come and go and I haven't received anything?!
Wallet address:  pDLU95MYUpybfHheJno65tmwUt96jxm17b

I have 1100 HYP in the wallet. It's unlocked and staking.

Now my wallet says estimated time to earn reward is 23 days?!?! WTF?

Is this a scam or an issue with my wallet?

http://hyp.cryptospread.com:2751/address/pDLU95MYUpybfHheJno65tmwUt96jxm17b

You sent in 1000.99 on the 31st. This "block" of HYP staked today, the 9th. How staking works is that it takes your 1000 HYP and destroys it, and then replaces it with two equally sized blocks of HYP that include the reward. So in this case you were given two blocks of 592 (so a total stake reward of 184 HYP).

You sent 75 HYP to your wallet on the 1st. Staking is based on hashing, just like most cryptos, but instead of hash rate, coin weight is what determines how fast you will stake. Coin weight = coin block amount * days passed maturity. Since that block of 75 is relatively small, it will take much longer to stake.

Also realize that the time estimate is a static picture of how long it would take if your coin weight stayed as it is now.  So is not accurate over long periods of time.

[akula999]

So I have a question and a possible issue. I've been staking HYP for over 1 week. The estimated time has come and go and I haven't received anything?!
Wallet address:  pDLU95MYUpybfHheJno65tmwUt96jxm17b

I have 1100 HYP in the wallet. It's unlocked and staking.

Now my wallet says estimated time to earn reward is 23 days?!?! WTF?

Is this a scam or an issue with my wallet?

http://hyp.cryptospread.com:2751/address/pDLU95MYUpybfHheJno65tmwUt96jxm17b

You sent in 1000.99 on the 31st. This "block" of HYP staked today, the 9th. How staking works is that it takes your 1000 HYP and destroys it, and then replaces it with two equally sized blocks of HYP that include the reward. So in this case you were given two blocks of 592 (so a total stake reward of 184 HYP).

You sent 75 HYP to your wallet on the 1st. Staking is based on hashing, just like most cryptos, but instead of hash rate, coin weight is what determines how fast you will stake. Coin weight = coin block amount * days passed maturity. Since that block of 75 is relatively small, it will take much longer to stake.

Also realize that the time estimate is a static picture of how long it would take if your coin weight stayed as it is now.  So is not accurate over long periods of time.

Don't see anything in my wallet yet.
So on Poloniex I have something like 500 more coins sitting there. If I move them to my wallet then it will theoretically use all available coins for staking?

[akula999]

Just to add, if everyone is staking, then how will the value of the coin go up??