Quote from: Zer0Sum on November 20, 2014, 12:41:58 AM

Quote from: billotronic on November 19, 2014, 05:27:19 PM

Quote from: mtwelve on November 19, 2014, 05:06:12 PM

Quote from: presstab on November 19, 2014, 02:44:46 AM

Quote from: mtwelve on November 19, 2014, 02:20:10 AM

Quote from: s3v3nh4cks on November 19, 2014, 01:55:47 AM

damn I missed that deal!! I'll be looking closer now. lots of ppl are selling.. Oh well, there loss our gain!!

TBH it looks like HYP is still going down. When max gen kicks in December 6th ( Assuming this is correct) prices should either spike up briefly and stabilize. Right now I need some BTC to buy some HYP though Tongue

I sort of cringe a bit when I hear "when inflation control kicks in" or phrases like that (nothing personal against you mtwelve, everyone has been saying it). Ask yourself, have you been sizing your outputs/blocks differently than you would if there was no 1,000 HYP max stake reward? If the answer is yes, then this is proof that inflation control has already kicked in.

Now the question of "max gen" kicking in. Well this is a bit misleading as well, because there is a large chance that we don't see every single stake in one day hit the limit. I think it was biomech that pointed this out, that it is much more likely that we get close to the max coin supply expansion per day, but that it will vary from day to day near that range.

Haha true. But difficulty will increase, and 1k block will be hit more and more often ( have two blocks that have with age of 14+). Will make sure to phrase correctly from now on

Yeah no kidding.. We are gonna start peaking at 3+ here pretty soon on difficulty

This is not as complicated as it's being made out to be.

When using terms like "inflation control"...
The only thing that matters here is Money Supply growth...
How fast are those 46,051,232 coins growing relative to a previous period?

As for how...
It doesn't matter if you have midgets wrestling for blocks...
Or naked women are dropping stake blocks from helicopters over Gotham City.

Also, referencing the 750% nominal rate as "static" is meaningless...
Since people staking correctly are doing MUCH more than that...
(I'm doing a REAL rate of 5,000-6,000% annual if compounded daily)...
And when the Max Generation kicks in the REAL rate will gradually drop to zero over time.

It's all about Money Supply growth and since you have the information...
Please tell us the Money Supply Pct Growth for each of the last 4 weeks...
Or a graph... or any other format you may have available.

Clarity on this is a good way to restore market confidence.

You are quite right. That's why I report inflation on a monthly basis in the cap thread. Last report:

High POS HBN-CAP-TEK-HYP Inflation update

So how are we doing inflation-wise in October? Are thing evolving as expected or not?

First HBN, 100% POS with POW.

Date block supply Inflation
1-6-2014 898413 4629448 12,7%
1-7-2014 988559 5068546 9,5%
1-8-2014 1080369 5521192 8,9%
1-9-2014 1173120 5985846 8,4%
1-10-2014 1262548 6467925 8,1%
1-11-2014 1357005 6990000 8,1%

I couldn't catch the exact supply and rely on Tranz's estimation. It shows the lowest inflation of all which is quite stable as well. October shows no decrease though. Could be because staking efficiency has improved a bit since splitting and recombining level is raised to 5/10. Could also be because October has 31 days Smiley. We'll see what next month brings!

CAP, 200% POS with POW

Date block supply Inflation
1-6-2014 476848 3680285 7,6%
1-7-2014 519426 4046888 10,0%
1-8-2014 565946 4812616 18,9%
1-9-2014 613331 5583618 16,0%
1-10-2014 662054 6367469 14,0%
1-11-2014 713617 7311008 14,8%

Quite steady as well, as mentioned before, rates rised after 4-7 hard fork but decreased al little soon after. Now we see a little increase. We have to await until next month to see if it's a new trend or not.

TEK, 500% POS with POW

Date block supply Inflation
1-6-2014 382532 986066 37,9%
1-7-2014 425505 1349745 36,9%
1-8-2014 469608 1830289 35,6%
1-9-2014 514595 2113023 15,4%
1-10-2014 569714 2421990 14,6%
1-11-2014 621243 3138853 29,6%

As expected, TEK almost returned to pre-fork levels once more. The after-fork-simultaniously-staking pressure brought down the stake percentage quite strong but only temporarily as it now seems. It likely to assume that next month the inflation level is up and above 30% again.

HYP, 750% POS, no POW

Date block supply Inflation
1-8-2014 44901 10557791 24,4%
1-9-2014 74355 14826453 40,4%
1-10-2014 103019 22309537 50,5%
1-11-2014 132376 34665433 55,4%

Last month shows an increase of the inflation of HYP. It only means the staking is getting more and more efficient and produces a stake ever closer to 1000 which is the max stake for this coin. Since the stake percentage isn't decreasing with stake weight, it's fair to assume that inflation will eventually level out and then decrease much like a POW-coin with a 1000 block-reward. The thing that really surprises me though, is the absence of strong price-erosion due to this enormous inflation thus producing an impressive market cap. A most interesting experiment indeed.

UPDATE: Well my last comments are pretty much outdated now, but that's more something for the next report