Obviously not a hoax. No zoom, either but it’s clear enough that the object, which is rapidly changing color, is not a star. It is an unknown, and similar to an object that appeared for many years over Gulf Breeze, Florida.

http://www.youtube.com/watch?v=0CE2FqobRtI
Story Source:
http://www.examiner.com/unexplained-phenomena-in-national/family-spots-colorful-glowing-ufo-the-united-states-on-july-28-video
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