This coin has 750% annual interest??? That does not bode well for price stability. What's the idea here?
HYP is a very complex coin. As a full member im suprised your just hearing about it now. It has inflation control mechanisms so that inflation does not get out of control. As more coins are being minted the pos difficulty rises to slow inflation. Larger coin blocks are required to stake in the least time possible. Because larger coin blocks are required to stake in the least amount of time, this raises the demand and thus raises the price. Still keeping the 750% annual true. This is the short version. Youll find thousands of satisfied investors here, and the best devs in cryptoland. Youll find it VERY hard to find someone who actually holds Hyperstake that is disappointed. Read the thread, youll see.
Damn, I actually did a good job of explaining that well. hmm.. @presstab you have my permission to post this to the op. It might be an easy way for people to understand.
Vegas
I had actually checked out the thread before, but never realized this. So I read the OP and am not sure I fully understand. The money supply increases 750% per year? I can't really see how inflation is controlled in that case.
Have to agree with you, many people make many comments. The thing is though, I asked a simple question and was given a cryptic answer. I still have no idea what is allegedly going to happen to Kitteh on 24th November. As someone who holds Kitteh's I would like to know but I suppose we will wait and see.
Hmm, Kitten behind schedule and reached only block #488400 for now. I think hashrate instability initiate this delay. Have to wait for about 8 days, but we'll do it!
New schedule: Block 500K will be ~1 dec - inflation rate ~8% annum Block 600K will be at feb 2015 - inflation rate ~4,6% annum Block 700K will be at may 2015 - inflation rate ~4% annum
P.S. Litecoin has inflation about 30% now, and Bitcoin has about 10%.
kitteh has got my ears ... very easy to build a (simple) business model upon this cat-chee brand ... nothing grandiose just a few btc put into updating the shitteh danospher code ... the community is stilll enthusiastic ... if Kitteh gets to May then she's in the game for a long long time.
Still a bit shocked out of the 3 cat brand coins none have ever developed into much of anything yet ... will there be some day ... kittehbar, kittehdark, kittehlite, urokittiepeer, kittehplusplus, kittehparty ?
I'm working on ShadowKitteh and a multipaw wallet right now!
Post
Topic
BoardAltcoin Discussion
Re: The full truth behind ShadowCash/Coin trolls and their attacks on other coins.
by
HappyHogan
on 25/11/2014, 15:41:07 UTC
I can't wait until the SDC whitepaper is released, getting out the popcorn now.
Let's be serious . Does anyone really think inflation rate wil change anything ? Does the speed a coin is mined at matter when the coin is dead (no one really uses it anymore except for small pumps/dumps and no recent development has been done) ?
Well, time will tell in the long run but sadly it does seem the evidence suggests small pumps/dumps with nothing more really going on.
I've seen this kind of conversation played out a million times on bitcoin talk. A whole bunch of people claiming their coin is different because it has feature X and people want/need feature X. Usually, feature X is either hyped, doesn't work the way its supposed to, or doesn't even exist, and the "people" usually does not go further than the small band of loyalists who just want to see their coin go up in value.
if u dont believe in the development or u dont think this coin is different, then leave it...stop fudding here
I've seen this kind of conversation played out a million times on bitcoin talk. A whole bunch of people claiming their coin is different because it has feature X and people want/need feature X. Usually, feature X is either hyped, doesn't work the way its supposed to, or doesn't even exist, and the "people" usually does not go further than the small band of loyalists who just want to see their coin go up in value.
But in this case it's true
Post
Topic
BoardAnnouncements (Altcoins)
Re: [ANN][SUPERCOIN] Unique Most Advanced Anonymous Trustless Multisig Technology
by
HappyHogan
on 18/11/2014, 08:45:52 UTC
So where is the old development team? Still no word?
How longs a piece of string? it can go high buddy this is nothing.
I've seen this before, lol
so $1 per coin?
Nah, it will climb another few cents and then probably be dumped into oblivion. Everyone coin's the same
Not every coin is testing zero knowledge.. let alone creating their own zk protocol. Traders can speculate swings and take their chances but their biggest mistake is believing this coin is in the same category as some random cartelcoin. That's OK though the coin isn't being made for traders it's being made for private commerce. There's a massive market for real anon and people are starting to realize that there is real development going on here. There's been too many broken anon promises in the past.. combine that with the recent failure of tor and potential bitcoin de-anonymization and you have the perfect conditions for market disruption. https://blog.torproject.org/blog/thoughts-and-concerns-about-operation-onymous
Private commerce solutions have never been more in demand than right now. Deep web pockets are watching this project and waiting for delivery. When the anon tech is proven $50 a coin seems really low to me for instant anonymous zk transfers and peace of mind. Gram's helix charges what 5-10% and takes 8-12 hours? SDC is perfect anon and there's a reason why Evan from Darkcoin was trying to acquire Shadow's team. You can clone a project but you can't clone the team.
+1 well said the potential of this project is massive but people be blind, oh well there loss our gain.
I've seen this kind of conversation played out a million times on bitcoin talk. A whole bunch of people claiming their coin is different because it has feature X and people want/need feature X. Usually, feature X is either hyped, doesn't work the way its supposed to, or doesn't even exist, and the "people" usually does not go further than the small band of loyalists who just want to see their coin go up in value.