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

[iantunc]

What we desperately need is a multipool, I would definitely buy a small ASIC or run my GPUs to get some HYP. This allows just another way to get into HYP while also creating volume and liquidity in the exchanges. This can be done through just asking multipools to get HYP as a payout option or the community to make one.  To a lesser extent we could do something like Blackcoins black shield (whatever it's called) where buy walls are put up to help control at least a little bit of the volatility...

Desperately is strong word. But yes, this is interesting and should be part of the HyperShield initiative. I proposed it months ago and waxo and me talked about it one week ago again - and we will probably consider how to do during "HYPcon Paris", in at the end of November. By the way, any one around Paris by this time is welcomed to join
I love the POW Multipool paying HYP alot! Blackcoin does it pretty good and Teslacoin multipool does its job too as Teslacoin is very stable in price!
Multipool is very needed! HyperShield - great!
Thank you all

I'm working on one funny feature for HyperStake now, it is called HyperDeck (it will be our virtual loft with a mood board and announcement board, 3D spaceship deck), and after that I'll try to set up a multipool.

[crypto4jan]

The idea of the HyperShield.
It can be combined with the Hyperpool.
With BTC you buy a share in a HyperPool and the HYP is then reserved for you for the actual marked price.
The BTC go to exchange and an order is made but maybe not filled yet.
The BTC share in de HyperPool pays each 9 days the stake share.
When the exchange rate is going down the order can be filled and you get your HYP cheap.

[iantunc]

I like HyperShield as well and consider it high priority, much more then Hyperbank or tip bots.
Being able to set up buy or sell walls in order to keep price stable as much as possible and in the process protect your users and hopefully make life harder for pump and dumpers.
But when I had a chat with Press he did not seem to like that idea...

What were his arguments?

[ofeefee]

The 750% is that forever or just the first years?

The 750% is forever unless there is a hard fork. If the difficulty rises to a certain point, people may have to wait months to stake, and with the max coin cap, the effective stake % rate could potentially fall.

this...750% is the max, as more blocks are participating, diff will rise, and 750% reduces down.  I staked other day think for like 16% or so. 

Presstab, how do I see what the interest rate is currently in wallet, I can see the diff is 1.6 at the moment.

[presstab]

The 750% is that forever or just the first years?

The 750% is forever unless there is a hard fork. If the difficulty rises to a certain point, people may have to wait months to stake, and with the max coin cap, the effective stake % rate could potentially fall.

this...750% is the max, as more blocks are participating, diff will rise, and 750% reduces down.  I staked other day think for like 16% or so. 

Presstab, how do I see what the interest rate is currently in wallet, I can see the diff is 1.6 at the moment.

750% never changes.  The only thing that can lower your percent when you hit the max stake amount of 1k HYP, everything after that is lost.

[cycoinminer]

Anyone for another HYPster Hotties installation?

[eatthetree3]

Any thoughts on what the bottom might be? 0.000025?

1 sat. Who knows. Its murder.

[breakbeater]

I think we will see HYP <1000 sats soon.

[mtwelve]

Sucks when you got in at 3-5k sats

[crypto4jan]

I think we will see HYP <1000 sats soon.

I think > 3000 Satoshi soon.

[iantunc]

Don't panic, guys, instead think about how to interest new investors, even not from crypto world, or how to create a stabilizing fund. We are still in TOP 5 by volume. All loses from the price drop will be compensated by staking. 

[CrazyLoaf]

Don't panic, guys, instead think about how to interest new investors, even not from crypto world, or how to create a stabilizing fund. We are still in TOP 5 by volume. All loses from the price drop will be compensated by staking. 

This dude is right. Also, before everyone says "Oh, well it's easy for you, you're in all profit," I can say that definitely isn't the case. I still have BTC invested in HYP to recover and, overall, my total portfolio is down in BTC and fiat levels in all positions.

For those who bought in higher, the staking can help as long as volume remains relatively modest, not even considering an increase in price. Say you bought in at 10k sat, and it's now worth 2k sat. That's an 80% paper loss. Okay, so 1 BTC in, now only 0.2 BTC. Less than 4 months (faster if there is compounding, by a lot), and you can be back to 1 BTC. No other high PoS coin has the stake rate and/or volume and/or interest HYP has. If this was any other coin, an 80% loss would make mean the "dev" was onto a new P+D coin. Not the case here

Looking at CMC, I see MonaCoin, NovaCoin, ReddCoin, and Pandacoin above us. There's no reason we can't find ourselves higher with the activity we have going on.

[iantunc]

Any thoughts on what the bottom might be? 0.000025?

1 sat. Who knows. Its murder.

The bottom will form in the point where the majority of stakers will decide that it is more advantageous not to dump right now but compound for future. Even if there will exist few whales who dump regularly, when the diff rises, they will stake and dump less and less.
As to black PR, we need some retaliatory actions.

[eatthetree3]

Sucks when you got in at 3-5k sats

Or 7800 like me lol :p

[Biomech]

Any thoughts on what the bottom might be? 0.000025?

1 sat. Who knows. Its murder.

The bottom will form in the point where the majority of stakers will decide that it is more advantageous not to dump right now but compound for future. Even if there will exist few whales who dump regularly, when the diff rises, they will stake and dump less and less.
As to black PR, we need some retaliatory actions.

No, we don't.

Smile and say "thank you!"

Google Phineas Taylor Barnum. There is no such thing as bad publicity.

As to the ups and downs of exchanges, that's normal. No big deal. This coin's ultimate numbers are going to be huge. It's likely over time that the per unit price will NOT be very large, but the number of coins will conpensate. That is what I've thought from the beginning. Frankly, I would be fine with it being around 300 sats, as I have no incentive to dump at that range, and would think others would feel the same. Just a steady feed into the market of a small percentage of my stake, while allowing that pile to grow larger and larger. So while my percentage will probably be the same, the number that represents continues to grow larger. "fast" minting requires large amounts of coin, and the only way to get large amounts of coin is to NOT sell, so this creates a fairly good "bottom" to the market. At the moment, I've only sold once, during a personal emergency. I made a five bagger on that and still held close to half my position. That was at 1800 sats, and a while back.

I'm not an admirer of Milton's economic strategies in the world at large, but some of his ideas apply very directly to the workings of THIS coin, and are probably valid.

[mtwelve]

It seems I will have to probably get a rasp pi for a dedicated staking machine, I just seem to have no luck

[iantunc]

No, we don't.

Smile and say "thank you!"

Google Phineas Taylor Barnum. There is no such thing as bad publicity.

I agree and disagree simultaneously.
These words are often said by showmen, and they are true for showmen. But if, for example, a doctor will become well known after some public person will call him a bad specialist, he will probably lose all his clients if he won't prove the opposite. "Thank you" is also a response But in some cases it can bee too weak, it can simply be flooded with torrents of libeling messages and lost within them. A brand consists not only of an awareness component, but also of a set of associations. It's especially important to remember when we are speaking about newbees whose mind is open to any manipulation.

[David Latapie]

I like HyperShield as well and consider it high priority, much more then Hyperbank or tip bots.
Being able to set up buy or sell walls in order to keep price stable as much as possible and in the process protect your users and hopefully make life harder for pump and dumpers.
But when I had a chat with Press he did not seem to like that idea...

The idea of the HyperShield.
It can be combined with the Hyperpool.
With BTC you buy a share in a HyperPool and the HYP is then reserved for you for the actual marked price.
The BTC go to exchange and an order is made but maybe not filled yet.
The BTC share in de HyperPool pays each 9 days the stake share.
When the exchange rate is going down the order can be filled and you get your HYP cheap.

Glad to see more and more people interested in HyperShield. Setting it up will then be my next priority, after the HyperLoan.

I am all about synergy, so I will consider a synergy with HyperPool, but I am more reserved about reserving at a given price.

Even if there will exist few whales who dump regularly, when the diff rises, they will stake and dump less and less.

Sell 25% of your stacking to BTC (StakeHunter pledge) or to XMR (Latapie pledge). In both cases, Hypersend helps a lot.
Do it no matter the price, so that you will quit caring about it. Of course you will get less HYP and less BTC/XMR. But you will gain peace of mind.
And you will never dump.

As to black PR, we need some retaliatory actions.

FUD FAQ. Read, use and extend.

[Cor2]

Dang, I missed the dump on Polo.
I have a long-time buy order on another exchange,
it should have been on Polo - it would have been fulfilled right away and I would have had many more HYP in my wallet.
I think I am going to set a buy order there now, just in case someone wants to dump again...

[Cor2]

OK, I added my bit to the buy support on Polo. Let the next dump begin - I'll catch the coins!