I'm completly all right with your "the network to get stronger", diff increase also usually mean price increase (BTW, you should also add every of your post the "price" at the moment to have a nice history). But I want more coins for now, and for now, I want a low price haha
I may start doing the price thing, but its really all subjective. The only price that matters are the ones I can actually execute against. HBN trades pretty thin so exiting my entire position will crush the price. So my portfolio might have a "book-value" but I wouldn't get the entire position sold at the price, unless a whale comes along and buys me out.
Thank you for the link. Best of luck with your crypto investment site, these are the kind of services the community needs.
It's true that this conversation sheds light on the HBN and it's getting more attention. Witch is a good and bad thing depending on witch side of the fence you sit. I personally sit on both side, and just like tokyoghetto I mine PoW and, while I believe that the increased mining power gives us a more secure network, it does give me less HBN/day.
But in the long run, I want that people know more about this coin and use it more, since it'll give it more value.
I follow this coin since last november and saw the price go from less than 2000 satoshis to over 15000 and back to 4000. Same goes for network hash power. This shows me that the potential is there and I agree with you tokyogettho on that. This should be worth a lot more.
Good job on that transaction, 30K HBN is a nice block to have staking... let's see how it goes.
keep it up
Good Observation. During the alt-coin rush of Nov 2013, we saw huge amounts of HBN trade around the 1000 satoshi mark.
Nov 20 - 191,443 HBN Volume (Cryptsy) High:1328 Low:628
Nov 21 - 618,071 HBN Volume (Crypysy) High: 950 Low: 682
Nov 22 - 988,714 HBN Volume (Cryptsy) High: 827 Low: 650
Nov 23 - 477,367 HBN Volume (Cryptsy) High: 1000 Low: 695
Those days were pretty crazy in general, and finally on Nov 30 we saw HBN trade to an all-time high of 10400 satoshis on 122,987 HBN traded. It opened at 2648 and closed at 7000. We can expect to trade around the 7000-10000 satoshi range for a while until we can break and hold above the 10000 satoshi psychological barrier. As diff increase, price tends to follow. My suggestion is to just keep stacking and staking. The day will come when you will go from mining 1000 HBN/day to 100 HBN/day. Enjoy the easy coins it can only get better from here.
You are right about the 30k HBN block, its a nice addition to my portfolio. I can't wait till Feb 12, that is when I will PoS mine again (and push the diff up plus give PoW miners a hard time lol).
Push it to the limit.I plan to increase my account to 100,000 HBN+. Sooner or later, via PoW mining, PoS mining or hitting the order book on Cryptsy. Things are about to get very interesting.
