One thing I realized that gives PoS coins a leg up is that any investment made to stake mine it is made directly into the coin making it more valuable to all its users. With sha256 and scrypt PoW coins people have invested millions into mining hardware. That is money that went directly into the pockets of the GPU/FPGA/ASIC manufacturers. With a PoS coin it will go directly into the coin marketcap itself. I like that model.

Yep

http://wiki.hobonickels.info/index.php?title=Orphan

Nope other than the inconvenience of thinking that you received a stake for half a second, there is no loss.

I believe the answer "Yep " is to the second question: "Maybe I missed something obvious in the wiki?"

Thanks for clarifying. I also read the 'Yep' as "Yes. The coin age is destroyed"

Now I feel better knowing that this is not the case.

I sold out 80% of my HBN. It's been a 5 bagger now (converted 1BTC to 5+BTC now), so can't argue with taking gains off the table before Mr Market realizes it should be otherwise. I don't think it will go back down that much but I'll be looking to get back in on pullbacks

I just did more or less the same. It was really hard to sell but it was part of my plan from the beginnig to sell when I was reaching x5-6 profit. I will buy again if price drops a little.

Got a question:

lynn_402 says


Not fully understanding POS yet, I'd like to ask is this true?

It's way simpler than some people are making it out to be. Wallet open (and unlocked) more = more total return over time.

The "small compound interest" adds up after a while. Once a year would not be as profitable keeping in mind that max maturity occurs after 20 days for HBN.
Also keep in mind that the POS difficulty rises over time and as more people are holding & staking. For HBN this does not make sense (paper wallet for a year). For another POS coin with a longer required maturity this might work.