guys what is the total supply of this coin? i dont think i seen it on the OP. cheers
For BALLS - "moneysupply" : 20036557.53021700, For HYP - "moneysupply" : 55467567.83230600 but hyp has a bottom several times above, For small owners HYP gives not much POS reward. The maximum per block is 1000 HYP and in the beginning it was easy to get it but now you have to create large block to get once in 9 days a 1000 HYP reward. With BALLS now more fun and each day a nice POS reward. The bottom for HYP is 200 Satoshi and not much sell presure now. I hope BALLS become more populair becouse it is also for small holders fun to stake. I am not sure I understand correctly but dev said no more daily POS reward but once a month. https://bitcointalk.org/index.php?topic=843495.msg10624683#msg10624683Correct me if I am wrong You do not understand correctly. Read the post. He was answering a question about the MAX stake age.
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Dear iGotSpots, Please help me for this issues ! http://prntscr.com/6at72jMy wallet is not further staking anymore at number of block 189727 Sincere thanks so much ! Blocks are so fast right now, sometimes it takes awhile for the wallet to sync. Give it a couple hours and see if you get caught back up.
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Spots can you validate my description of stake? Just thinking % stake grows jackpot and reset. Percent by block starts at 0.005% over 19999 blocks grows to 99.995% and lucky 20000 block gets 2000000%? So 19999 blocks collect less than 100% and 1 lucky winner gets 2000000% then resets? That is awsome!
I would personally only use whole numbers as the stake rate so reward grows from 1-100% with the lucky finder of every 20,000th block getting the jackpot of 20k% return? or is jackpot 2 mill %? Not quite. Reward starts at 1% and grows to 20,000%, then resets back to 1%. This cycle occurs every 20,000 blocks.
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The price falls faster, than Fred can double or quadruple his Wallet.
I bought 60 MMXIV by 0.02 exactly 4 weeks ago. 60MMXIV - 0.02 - 1,2 BTC / 27.01.2015 Now, after 4 weeks POS, my Balance is 300 MMXIV. 300MMXIV - 0.0014 - 0,42 BTC / 27.02.2015
That is a loss of ~ 0,8 BTC ~ 1400% in 4 weeks
Correct me if i'm wrong.
Your math is correct but I think you are being a little short-sighted. No market is trending up 100% of the time. Long term average gains are what matters. You never lose money until you sell at a loss.
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I'd love to knw the min coin age, I think all my coins staked earlier today before the transition because the wallet is telling me I have no mature coins yet edit : is it 5000 blocks for min age? "static int64 nBaseCoinYear = 5000 * CENT;" ?? lol I don't speak code Coin age calculation is unchanged, 24hrs is min stake age just like it has always been.
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What is the current block number so we can verify correct chain?
well it's changing about every 5 seconds, but look here: http://balls.blockexplorer.cc
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600sat price don't lie to yourselves, it goes to 1 sat about 4-5 days, if nothing happens and nothing can happen, because the devs are not ready to do something new now. What did you have in mind? Coin works great, nothing broken, staking works AWESOME All of you FUDding about price do not understand the concept of high POS rate coins like 10K. Instead of hoping the price goes up, you STAKE and make the size of your wallet go up instead. The price can stay the same - or it can even go down, it doesn't matter. As long as your wallet is growing faster than the price is dropping (which it is, by the way, if you are staking right now) you still make money. Just take a look at Barney, and this will all make much more sense.Man it's not FUD it's facts. Most ppl do understand, they dont expect price to go up, if price would stay the same or drop less than 28% per day that would be wise investment but... Price droping 50-60% per day melting the BTC value of ppl investement and until turning point is reached further investments in 10k is dangerous and highly unlikely. My point is - a price drop of 50-60% per day, for for a couple days, does not mean the sky is falling. A price drop of 0% for a couple days following such a drop would even things out fast. Don't be short-sighted. Patience, grasshopper.
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600sat price don't lie to yourselves, it goes to 1 sat about 4-5 days, if nothing happens and nothing can happen, because the devs are not ready to do something new now. What did you have in mind? Coin works great, nothing broken, staking works AWESOME All of you FUDding about price do not understand the concept of high POS rate coins like 10K. Instead of hoping the price goes up, you STAKE and make the size of your wallet go up instead. The price can stay the same - or it can even go down, it doesn't matter. As long as your wallet is growing faster than the price is dropping (which it is, by the way, if you are staking right now) you still make money. Just take a look at Barney, and this will all make much more sense.
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A story about Barney, the 10K ProspectorThere has been alot of FUD lately about the price of 10K dropping, and I wanted to illustrate just exactly how much this doesn't matter. Just like Fred, Barney is imaginary, but this situation is not hypothetical, this is fact based on real numbers. The chart below is based on actual BTC/USD values taken from the Winkdex and actual BTC/10K daily closes from Bittrex. I had to remove the red line indicating size of 10K wallet on this chart - it just goes up so damn fast, it throws the whole thing out of whack BLUE line indicates BTC/USD value expressed in $USD GREEN line indicates $USD value of Barney's 10K wallet Barney purchased 500 10K from Bittrex on the day the market opened, at a price of 85,357 Satoshi per 10K. The $USD value of his 10K at that time was $97.44 and the BTCBTC value of his wallet was 0.43 BTC. He immediately transferred these 10K to his personal wallet and began staking. Today, the price of 10K is a mere 1,650 Satoshi, which is an enormous drop from his purchasing price. Is Barney upset? Not at all. Based on 10K's 10,000% annual interest rate, compounded daily, by February 23 his wallet now contains 63,339 10K, an increase of over 12,000%. His ending 10K $USD wallet value is $248.66 or BTC1.05The price of BTC/10K dropped by 98.07%The price of BTC/USD increased by 4.22%The $USD value of Barney's MMXIV wallet increased by 155.21% from $97.44 to $248.66 The BTCBTC value of Barney's MMXIV wallet increased by 144.88% from 0.43 BTC to 1.05 BTC The number of 10K coins in Barney's wallet increased by 12,567.96% from 500 10K to 63,339.81 10K TWENTY DAYS. More than double return on investment.
As always, if you doubt any of this, the raw data used to perform these calculations can be found here
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does the upcoming fork reset coinage and weight? No.
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#2 stake stake stake
I have also little dilemma. I will receive big stake in Thursday 26th, before 27th, but what will happen if block 200.000 came before that and I don't update wallet. I will only lose my stake or what... And what if I don't update wallet after 27th? I suppose old wallet won't work.
At the slow rate of the network right now, it's highly unlikely block 200,000 will occur before the protocol switch on Friday. This was intentional. Back to old protocol first, then kick in new POS% rewards algorithm at block 200k. You should definitely update your wallet NOW, your staking will still happen just like it did on the old version until the fork kicks in. Version 1.0.4 will no longer sync with the network on Friday, Feb 27.
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Fred's Story: The other half.
Fred goes around telling everybody about how much money he has made! Fred's friends buy and the friends of the those friends buy, and then the devs dump the shit out it. Fred and his buddies are left holding a bag.
MONEY IS NOT FREE
If this were the case, the "devs" would have all run off by now. Just keep an eye on this thread, I will update it every week, good news or bad.
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I have a little dilemma regarding my BALLS I suppose a lot of you are going to be on each side of the fence for this question but..... #1. I'm wondering if it's better to keep my coins on an exchange just in case the price skyrockets before the Hard Fork kicks in. (We all want profit right but it also depends on your entry price at this point in time) #2. Transfer them to the wallet to start gaining weight + also wait ages for confirmations, once they are there they won't have enough time to get back onto an exchange (Block times will be a hell of a lot more quicker after Hard Fork) #3. Then again once the Hard Fork happens dumping could start happening again a lot more due to the increase in coin cap but there is also the fact that people won't dump it and just hold for ages gaining more BALLS to be in the richlist for a while. Anyway... Fire your opinions away. I agree with others, start staking NOW so you can gain weight when the protocol switch kicks in Friday
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I love this coin too bad 10k is pretty much dead i get about 50 coins everyday from staking mmxiv Out of the three (BALLS, MMXIV, 10K) I believe MMXIV is the best long-term coin
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why iam receive a litle amount MMXIV ? not like POS 2014% ? That looks about right. 2014% is the ANNUAL rate. It works out to about 5.5% per day. 80 coins should earn around 4.5 MMXIV per day.
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Great for fred, what about the ones that bought at 0.02 a week ago Just hold on and stake. Every 2 weeks, your balance doubles. In a month, it quadruples. One month of staking earns enough coins to make up for a 75% drop in price. It takes about 40 days of daily compounding at 5.5% to reach 10x your original balance. You don't lose any money until you sell at a loss. STAEK AND HODL
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Update February 23, 2015 Sorry for the delay, update is below. Prices for BTC/USD are taken from the Winkdex and prices for MMXIV/BTC are from the Bittrex daily chart. BLUE line indicates BTC/USD value expressed in $USD RED line indicates size of MMXIV wallet expressed in MMXIV GREEN line indicates $USD value of MMXIV wallet Based on MMXIV's 2014% annual interest rate, compounded daily, on February 18, 2015 his wallet now contains 685.0 MMXIV, more than THIRTY FOUR TIMES the coins he originally purchased. His ending MMXIV $USD wallet value is $555.81 or BTC2.39 The price of BTC/MMXIV decreased by 81.66%The price of BTC/USD dropped by 33.96%The $USD value of Fred's MMXIV wallet increased by 314.75% from $134.01 to $555.81The BTC value of Fred's MMXIV wallet increased by 528.07% from 0.38 BTC to 2.39 BTCMMXIV's market price has dropped significantly in the past two weeks. Thankfully, MMXIV's powerful 5.5% daily compounding has prevented further loss - in fact, Fred is still ahead over 300% from his initial investment. He is far, far better off than he would have been if he'd just left that BTC in his wallet. As before, if you doubt any of this, the raw data used to perform these calculations can be found here.
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still stuck on block 191764
You're not stuck - that is the current block my wallet says that it was generated 10hrs ago Your wallet is correct. That is where we're at right now - fork kicks in at 12:00am Friday Feb 27
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