That's a sweet achievement actually, considering how the market value of HBN is quite low compared to many other alts out there.

I definitely think there is a future to HBN.  Is HBN going to be used as a currency to buy goods?  There is a long ways to go for that.  Right now I see HBN being the go to hobby/learning/community coin in the future, and especially with GPU mining era coming to a close.  Maybe once it gets more adoption we will see larger amounts of charity work done with the coin, and more merchants joining the fun.

That is just a guess, but I am definitely a long term holder, rather than a trader.

Agreed. But take any advice you get here with a grain of salt - we're all biased in our own ways.

You need to look at factors that contribute to the future of any altcoin. It needs a controlled level of inflation, so that the miners don't dump all at once (like in the multipools) which depresses prices. If you think about it, coins like HBN provide a strong incentive for people who are issued new coins to hold on rather than dump on the exchanges. This is a pretty important aspect that is often ignored.

Compared to other coins, yes, HBN has a much smaller "real world" usage - charity/merchant adoption etc. Adoption will come, as a function of the popularity of the coin though. It also depends on the community of people - whether they are actively pursuing this adoption (they don't seem to be). Another good thing HBN has going for it is the very active devs who seem to be in this for the long term rather than a quick pump and dump.

Like with most alts, there is always a risk. Two months ago, the price was a quarter of what it is today in terms of BTC. Will it fall? Will it rise? Who knows. If you're in it for the long term though, say, 1 year, and you ask my biased opinion, I would say it's more likely to go up than down

What do you guys think of the POS rate of Philosopher stones? For me that was the first POS coin I saw.

I was going to buy half a btc on kraken this wednesday... but forgot to confirm my sepa transaction in my e-banking , now I wont get any 13k satoshi prices on monday I guess

That was nothing more then Cryptsy's error. It was a few sats worth, because the order book was being reorganizing. It has happen to other coins. I wish they would remove it.

I have always ignored the 96k spike because it seemed like an error.

In the trading world we call that a "bad tick". Happens all the time on the NYSE/NASDAQ/AMEX or pretty much any exchange. When volatility spikes to insane levels, you will get these trades happening that shouldn't of happened. The trading engine can't keep up with the flood of orders and it will execute these trades at insane prices. You hope that its only for small size, but sometimes these trades happen on big lots and cause significant losses for liquidity seekers.

If price ever runs up and shit like that starts happening, I normally just walk away. Especially if you are a buyer. You never want to be on the wrong end of an outlier move, the losses can be crushing.

 

Just wanted to let the thread know the newest version 1.4 is now ready. This fixes many key issues, and has been compiled with the newest version of open ssl.

https://cryptocointalk.com/topic/9803-hbn-version-14/

If this thread continues any longer, Tokyoghetto is gonna get called into senate hearings.  All these people are up in commotion talking about Hobonickels like it's the next Google stock offering.

An IRS swat team will probably also kick down someone's door after they read, "2% return every ten days", as well.

Also, what 's the deal with all these martingale bots (or whatever the fuck they're doing) on both sides of the Cryptsy order sheet for every coin nowadays.  You can't even find where the real prices are because no exchange supports depth that high.  I want to beat the hell out of whatever guy runs these things.