Re: [ANN][HYP] HyperStake | 750% PoS | Most Advanced Coin Control Wallet | 6 Themes
Great post.
Big holders will be left with tons of worthless coins when the majority of users lose interest in HYP b/c demand does not meet supply. In all fairness, what kind of coin HYP would be if its supply was distributed at 70% among the top ten addy? Just saying......
As you mentioned, the benefits should be offered to everyone involved, small holders included, which at the current rate of devaluation, is far from being the case (i.e given that one bought in at 5K a few weeks ago). It's ok for big holders to stake even when HYP's value decrease by 15% on a daily basis.
We need a deadline on the project you're working on, HYP's use in the real economy is what we're looking forward to. Keep up the good work.
Big holders will be left with tons of worthless coins when the majority of users lose interest in HYP b/c demand does not meet supply. In all fairness, what kind of coin HYP would be if its supply was distributed at 70% among the top ten addy? Just saying......
As you mentioned, the benefits should be offered to everyone involved, small holders included, which at the current rate of devaluation, is far from being the case (i.e given that one bought in at 5K a few weeks ago). It's ok for big holders to stake even when HYP's value decrease by 15% on a daily basis.
We need a deadline on the project you're working on, HYP's use in the real economy is what we're looking forward to. Keep up the good work.
I'm not sure of the % of coins held by the top wallets without checking (it's nowhere near 70%), but I know for instance, I hold less than 1% of coins, and I'm within the top 20-25 wallets usually.
As you'd expect to find though, the Devs Presstab and David hold a nice chunk of coins, but don't forget they've used a LOT of these coins for giveaways, promotions etc - and they're not just sitting back and doing nothing - they're actively developing HYP, be it technically or otherwise.
Do they deserve to be the top holders? Of course they do - hell, if they hadn't developed HYP in the first place, it wouldn't even exist.
With regards to a deadline, I'll say from now that there's not going to be something concrete, written in stone, from me. It's my own initiative that I'm working on, and like others, I have a full time job, as well as a social life - that said, I'd like to see this come to fruition sooner rather than later.
For anyone else out there though, I would strongly suggest to yourselves to sit back, and think - "what can I do personally, to help advance HYP?" If it's nothing, no worries, but if you have ideas, skills, thoughts in the back of your mind you'd like to explore, then get on the IRC channel and share them. Nothing ventured is nothing gained.