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Author Topic: [HYP] HyperStake | Generous Reward Staking | Advanced Staking Controls & Wallet  (Read 679324 times)
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vancefox
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December 30, 2014, 08:17:30 PM
 #3821

Recommended Block Size - 1,000-4,000 HYP (see tutorial for splitting blocks)

BLOCKS LESS THAN 1000 HYP WILL TAKE MUCH LONGER TO STAKE BECAUSE OF HIGH DIFFICULTY
For small blocks, consider joining our staking pool, HyperPool

_______________________________________________________________________________ __


The smallest block that will max out at 1000 HYP at 30 days is 1623.  I see no reason to have blocks smaller than that.  Even with the recent increase in difficulty 2 of my smaller blocks of ~1700 staked in the last few days at ages of 15 and 17 days.  My oldest block was 3000 HYP and staked in 32 days after maxing at 1000 HYP in ~17 days.  Obviously there is variance and any one person's experience is not indicative of what to expect.
https://bit.ly/hypsize
No reason to have less than 1600 - you can't hit the wall at this blocksize in 30 days. And after 30 days, you stop accumulating weight anyway so if you did not hit the wall at day 30, you never will.

And this is why this coin is actually set up properly... difficulty will force you to increase your block size in order to stake which forces the coin to gather weight quicker which forces it to max out @ 1000 quicker which reduces the total # of coins created...

Honestly, the way PoS should be done... it's really a damn shame that the market price isn't there...

This space not for rent...
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December 30, 2014, 08:20:54 PM
 #3822

Honestly, the way PoS should be done... it's really a damn shame that the market price isn't there...
Thank you for your encouragements.
When development continues on a regularly basis despite a low price, market gets confident there is actually something serious behind. So, let us continue to develop both the coin and the ecosystem Smiley There are so much to do.

Monero: the first crytocurrency to bring bank secrecy and net neutrality to the blockchain.HyperStake: pushing the limits of staking.
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vancefox
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December 30, 2014, 08:22:51 PM
 #3823

Well I don't sell any.  I'm probably going to point my little th miner @ the multipool to give a little support and increase my coin count.

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December 30, 2014, 09:27:11 PM
 #3824

Well I don't sell any.  I'm probably going to point my little th miner @ the multipool to give a little support and increase my coin count.

HYP is extremely undervalued right now, I continue to stake, mine for BTC and buy daily. I have managed to cost average down significantly and go from 80k HYP to closing in on 400K in a few short weeks.

Hope the price stays low until I reach my initial goal:)

HYP is really in it's infancy. With the great community and continued development expect it to go far!
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December 31, 2014, 09:12:22 AM
 #3825

Yes totally undervalue , now testing 200 , and I buy a lot at 300 , damn

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crypto4jan
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December 31, 2014, 09:54:56 AM
 #3826

Some tradebot is trying to sell a lot of HYP

The sell orderof 115129 HYP @212 is poping up and then disapears in seconds.
What is the strategy of that?

e2wwnbU8XBcnZxSfMTwZLS7Ru6LdWHunCu
00000a5ac2dc57cfb0b92bc8be7731fe6a94a8c1c49a0d2f32e9e2da4f7d2308
m33
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December 31, 2014, 11:13:37 AM
 #3827

Some tradebot is trying to sell a lot of HYP

The sell orderof 115129 HYP @212 is poping up and then disapears in seconds.
What is the strategy of that?


Bot can decide if it needs to cross the road , let pray that it screws up .lol

Bullion (CBX) ◢◤Clients
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YOUR DIGITAL PRECIOUS METAL 
PoSP | BNP Masternodes | 65 Second block time
Bullion MarketPlace












Cryptopia | NovaExchange |
Coinbook |













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mtwelve
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December 31, 2014, 03:23:42 PM
 #3828

Price getting close to where a $1 gets you 20 hyp.... Might be time to buy in big Cheesy

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iantunc
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December 31, 2014, 03:54:22 PM
 #3829

Price getting close to where a $1 gets you 20 hyp.... Might be time to buy in big Cheesy

1$ = 1700 HYP. New Year sale! Shocked

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December 31, 2014, 04:10:53 PM
 #3830

Soon 1$ will be like 500k or 1 mln HYP Cheesy Cheesy
iantunc
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December 31, 2014, 04:19:50 PM
 #3831


HyperStake bootstrap server - hyperstrap.ml
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iantunc
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December 31, 2014, 04:33:42 PM
 #3832

Soon 1$ will be like 500k or 1 mln HYP Cheesy Cheesy

Then I'll buy entire supply Wink

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iantunc
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December 31, 2014, 04:49:59 PM
 #3833



Happy holidays, HYPsters! Smiley

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December 31, 2014, 05:40:08 PM
Last edit: December 31, 2014, 06:50:44 PM by gribgo
 #3834

Hi! People of HYP!!! peace to you all!
With that I would like to summup the fundamentals of HYP as an asset. Why the fu..k I would want to buy it? //or what drives the demand?
I think that the price is acting very logically and not against the math... the supply is big - so the price will go down and it is natural thing in that type of asset.. such as high proof-of-stake //High POS coin (There is Tekcoin.. you all know, because TEKcoin people are a lot in HYPerstake too)... Price going down here is natural way, just like difficulty rise in bitcoin network.. like you cant do anything about it have to be accepted as a constant matter in this formula.
So I said asset?
what asset? Smiley What the a are you talking about man?

The "Virtual mining asset" that is able of virtually mining coins that are no different to BITCOIN.. in many ways.. and we all know that actually HYP was forked from bitcoin some time ago ..with some older coin inbetween.. but that's ancient history kids Smiley
So HYPerstake coin can do all that Bitcoin can do, but also protected against 51% attack through proof-of-stake feature! and some other unique features (thanx to the DEVs)
So! When you BUY HYP - you are actually buying hashpower for your Virtual Mining farm that can run at your old laptop and not 24/7.. so you can travel with your hashpower.. just remember to sync it sometimes and can be recovered just as easy from the wallet.dat backup and you have your power back online!
You hold it all and you don't have to rely on some "cloud mining datacenter", which is actually a hangar with a bunch of miners ..And its good if the Hashpower really exists!!!
I mean that many thousands real dollars are invested and are investing now in to stupid ponzies, because a lot of people want to buy Haspower.. and want it instantly.. there is MASSIVE demand for "instant mining contracts in the cloud", so the natural choice is CloudMining Contract..
..In many scam-CloudPonzies you can't rade contracts and sell the mining power back when you want (this option often helps to figure out if the cloudmining company is legit and has "exit-strategy" for the investor)
But OK you will find good and legit CloudHashing provider.. but you have to pay f.. fees and it all looks like they ARE mining and paying fees to you.. in 75/35% ratio to their wallet!
For now if we get back to price - It is obvious that volatility is pretty low now at HYP market 24hr Volume: 2.58533016 BTC / 1170699.20712543 HYP coins are traded every day.. (compared to Bitcoin it is volume is small) but for the altcoins markets in general - its normal, the price is in the range of around 300sat for like a month.. and had found its floor.. because when you get all "what" is written above you will buy..perhaps if its not low enough for you to buy it.. buy at lower price.. because the price is "right" even for me now and I see massive BUY orders at much lower price..

P.S. All you know about XPY or PayCoin which does use proof-of-stake for extracting profits!!!
GAWMiners just took the Idea in the open.. XPY or Paycoin or HashBase and all are behind private company.. like a Product! Very nice experiment, but HYPerstake is absolutely hassle-free-decentralized-lowcost hashpower for the Virtual Mining and let it shine the Next Year of 2015 and wise devs know what else.. Smiley

HAPPY NEW YER AND PEACE!!
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December 31, 2014, 06:26:26 PM
 #3835

Hmmm this last decrease in price is actually great in my opinion.

1) I don't look at HYP as a source of income (I know others do, but for me I usually just keep compounding), considering this, decreasing price isn't really a blow to my wealth in that sense.

2) Difficulty is sooo high now that I have been staking way less than I used to.  I have been slowly buying up a few thousand here or there, but now I can purchase tens of thousands of HYP for pretty cheap.

3) newcomers will be able to accumulate for cheap as well, meaning that they can setup a pretty basic portfolio of HYP, size it correctly, and be sure to see some stakes roll in in a couple weeks.

Overall, I like it  Cool  Thanks for the coins for so cheap!

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December 31, 2014, 07:41:30 PM
 #3836

Happy Staking New Year
I bought 40K HYP for a good start of the year.


From what I understand you should have blocks exactly the same size as you do with your 9 blocks of 4k.  I forget exactly why but I think it has some effect on the staking of those identical blocks.  When you use the SplitBlock function in the wallet it will make each block a slightly different size.  You would put your 40K purchase in SplitBlock, select 10 as the # of blocks and it would give you 10 blocks of ~4K each at a slightly different size.
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December 31, 2014, 09:08:58 PM
 #3837

From what I understand you should have blocks exactly the same size as you do with your 9 blocks of 4k.  I forget exactly why but I think it has some effect on the staking of those identical blocks.  When you use the SplitBlock function in the wallet it will make each block a slightly different size.  You would put your 40K purchase in SplitBlock, select 10 as the # of blocks and it would give you 10 blocks of ~4K each at a slightly different size.

The next release of the wallet will do away with the dust added to the block splitter. I initially thought that because coinstake transactions never split the blocks exactly the same, that there was a reason to do this. Looking further into this, the amount of the block is never hashed in the PoS hashing, so it is really irrelevant. What sets them apart in the PoS hash is the position of the block in the transaction, which is what gets hashed and makes each block unique.

So in summary, this was my mistake, and will be removed  Tongue

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December 31, 2014, 09:23:03 PM
 #3838

Unfortunately 1xx will be the 'new normal' price for HYP, good for newcomers, not good for anyone who has accumulated up until now.
The ever-inflating coin supply has insured this will be the case. This was a creative idea that could not overcome economic reality. Sad

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December 31, 2014, 11:09:00 PM
 #3839

Unfortunately 1xx will be the 'new normal' price for HYP, good for newcomers, not good for anyone who has accumulated up until now.
The ever-inflating coin supply has insured this will be the case. This was a creative idea that could not overcome economic reality. Sad

It doesn't mean that the price can't rise again. Look at Dogecoin. It has 100 billion supply and is traded at 60 sat. HyperStake will have such supply in 300 years (and a bigger part of coins will be held in wallets for staking). So there is something more than a direct supply/price correlation. Markets are ruled by people expectations (or needs) that take a form of demand. So the complete demand formula is:

D = Pn * Exp

where Pn is the number of people and Exp is expectations. Both these elements can be influenced by stereotypes (like economic reality). But if you try not to pay attention to these stereotypes and their effects (hope the Dogecoin case study will help), you'll see that demand is the result of an idea, development and promotion, and nothing more  Smiley

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December 31, 2014, 11:14:00 PM
 #3840

Unfortunately 1xx will be the 'new normal' price for HYP, good for newcomers, not good for anyone who has accumulated up until now.
The ever-inflating coin supply has insured this will be the case. This was a creative idea that could not overcome economic reality. Sad

It doesn't mean that the price can't rise again. Look at Dogecoin. It has 100 billions supply and is traded at 60 sat. HyperStake will have such supply in 300 years (and a bigger part of coins will be held in wallets for staking). So there is something more than a direct supply/price correlation. Markets are ruled by people expectations (or needs) that take a form of demand. So the complete demand formula is:

D = Pn * Exp

where Pn is the number of people and Exp is expectations. Both these elements can be influenced by stereotypes (like economic reality). But if you try not to pay attention to these stereotypes and their effects (hope the Dogecoin case study will help), you'll see that demand is the result of an idea, development and promotion, and nothing more  Smiley

The largest exchange by volume only has ~1% of total supply on the sell side. So I'd say a lot of the coins are staking and only a small percentage ~5% or less are on exchanges and available on the open market.
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