[ANN] Snowballs | ONE MORE HARD FORK to BALLS 2.0.2 | BALLS/MMXIV Market OPEN

[iGotSpots]

The rising fees are interesting, but I think it would create a bit too much bloat. A flat percentage would be much more efficient

Looking into some options. If we do change anything, though, it will increase fees, no matter what change is made. Are you sure that's what you guys want?

[1713492263]

1713492263

[HunterS]

Looks like people are dumping as soon as they stake.Between that and trading bots fighting it out all day the price will not rise but keep falling I feel.Something needs to be put in place to encourage people to hold.I thought the high PoS % would but people are just to impaitent or just out to make a quick dollar.So many people can't see the bigger picture when it comes to these PoS coins.

[iGotSpots]

Looks like people are dumping as soon as they stake.Between that and trading bots fighting it out all day the price will not rise but keep falling I feel.Something needs to be put in place to encourage people to hold.I thought the high PoS % would but people are just to impaitent or just out to make a quick dollar.So many people can't see the bigger picture when it comes to these PoS coins.

If you are staking and price falls less than 14% daily, you are still making more in the end

[anticlimax]

I believe the multipool goes up tonight!
Should be much better than the last one.
We also have a very experienced and friendly dev, I am sure he will thoroughly look into the ideas the community are throwing around.

We have picked up a considerable market cap and following and we have yet to get any twitter hype or action on bittrex.
Everyone is busy fooling around in dark uptrend and chasing recently released shitcoin pump and dumps.


 I say, we as a community need to step up and promote this coin on twitter. I have been tweeting cryptsy regarding balls being listed there.

I hope all of you take the time to follow @snowballscoin and retweet their tweets/ tweet some of your own.

Bter would also be a great addition.

[anticlimax]

The rising fees are interesting, but I think it would create a bit too much bloat. A flat percentage would be much more efficient

Looking into some options. If we do change anything, though, it will increase fees, no matter what change is made. Are you sure that's what you guys want?

No way around the bloating eh?
Due to the snowball hardware limitations?

[iGotSpots]

The rising fees are interesting, but I think it would create a bit too much bloat. A flat percentage would be much more efficient

Looking into some options. If we do change anything, though, it will increase fees, no matter what change is made. Are you sure that's what you guys want?

No way around the bloating eh?
Due to the snowball hardware limitations?

Well blockchain bloat isn't good for desktops, either. It slows down syncing, increases storage needed, among other issues that affect true optimization

Records for every address sending history would have to be tracked. That's a massive amount of data

[Zer0Sum]

Looks like people are dumping as soon as they stake.Between that and trading bots fighting it out all day the price will not rise but keep falling I feel.Something needs to be put in place to encourage people to hold.I thought the high PoS % would but people are just to impaitent or just out to make a quick dollar.So many people can't see the bigger picture when it comes to these PoS coins.

Ya man, the "big picture" you talk about is legacy coins like HBN, CAP, TEK, PHS, etc...
Coins that have no liquidity and are often looking for a new Dev...
Or are very hard to buy in any amount... and even harder to sell in any significant amount.

And coins that are entirely dependent on Cryptsy to survive...
Meaning FULL Fed/State US Government regulation and extensive IRS reporting.

I traded only crypto on Cryptsy... and after a certain number of trades...
They froze my account and said I MUST get verified with full ID... so I trade with sock puppet accounts.

That's means within months 100% of Cryptsy accounts will need to be fully verified...
Including detailed questions about your mining activities...
And Cryptsy will be sending detailed reporting to the IRS about YOUR trading, staking, and mining.

Does anyone believe these reports will be accurate? Produced by teen coders on drugs? Based on dust trades?
How do you think the IRS will handle BALLS staking in their letter to you?
The IRS don't give a shit... they will just give you a fat bill + interest + penalties.

---------------------------------------------------------------------------------

The new generation of High Stake is HYP and BALLS...
The first High Stake coins in history with liquidity and the ability to GO BIG...
And coins with the liquidity to be listed on ANY exchange.

[anticlimax]

Looks like people are dumping as soon as they stake.Between that and trading bots fighting it out all day the price will not rise but keep falling I feel.Something needs to be put in place to encourage people to hold.I thought the high PoS % would but people are just to impaitent or just out to make a quick dollar.So many people can't see the bigger picture when it comes to these PoS coins.

Ya man, the "big picture" you talk about is legacy coins like HBN, CAP, TEK, PHS, etc...
Coins that have no liquidity and are often looking for a new Dev...
Or are very hard to buy in any amount... and even harder to sell in any significant amount.

And coins that are entirely dependent on Cryptsy to survive...
Meaning FULL Fed/State US Government regulation and extensive IRS reporting.

I traded only crypto on Cryptsy... and after a certain number of trades...
They froze my account and said I MUST get verified with full ID... so I trade with sock puppet accounts.

That's means within months 100% of Cryptsy accounts will need to be fully verified...
Including detailed questions about your mining activities...
And Cryptsy will be sending detailed reporting to the IRS about YOUR trading, staking, and mining.

Does anyone believe these reports will be accurate? Produced by teen coders on drugs? Based on dust trades?
How do you think the IRS will handle BALLS staking in their letter to you?
The IRS don't give a shit... they will just give you a fat bill + interest + penalties.

---------------------------------------------------------------------------------

The new generation of High Stake is HYP and BALLS...
The first High Stake coins in history with liquidity and the ability to GO BIG...
And coins with the liquidity to be listed on ANY exchange.

QFT

I agree with everything you said.
Funny how new coins being made in the last few days now have higher and higher PoS interest

[iGotSpots]

I haven't done their verification process, yet, either, but I hear it is quite extensive

[tripppn]

Is it normal for the wallet to only connect to 8 nodes only or is there a need for additional nodes added via conf file?

Hello guys, i think that we have to find a solution for the 5000% PoS, the anti-inflation system isnt working. I have some ideias:

A) Set a max staking amount, and instead of the split the amount after staking (i dont know if this is possible but do the oposite set the original amout + the generated amount together). so ppl would have to split coins and pay the fee, or if they were staking that max amount the next stake would be exactly the same.

B) After X blocks reduce the coins by % this would force people to be forced to stake coins, after all this is a high staking % coin.
 
C) insted of the 6.4 BALLS per transaction set it to % like staking is 13% do a transaction fee ie: 3% of amount that would make it go 10% but people wouldnt like to move the coins...


im out of ideias.

Changing the set transaction fee to a percentage transaction fee sounds fair, depending the amount of coins are being transacted.

Is it possible to increase tx fees by a % say every transaction you make? 1st is standard and 2nd increases by set %? Which resets after 30days of the first transaction or something?

Ooooh.  That's a nice idea.  That encourages people holding as well as burning some BALLS. That's pretty brilliant.

That is a cool idea but it would KILL exchanges which make many transactions/day

[iGotSpots]

Is it normal for the wallet to only connect to 8 nodes only or is there a need for additional nodes added via conf file?

Hello guys, i think that we have to find a solution for the 5000% PoS, the anti-inflation system isnt working. I have some ideias:

A) Set a max staking amount, and instead of the split the amount after staking (i dont know if this is possible but do the oposite set the original amout + the generated amount together). so ppl would have to split coins and pay the fee, or if they were staking that max amount the next stake would be exactly the same.

B) After X blocks reduce the coins by % this would force people to be forced to stake coins, after all this is a high staking % coin.
 
C) insted of the 6.4 BALLS per transaction set it to % like staking is 13% do a transaction fee ie: 3% of amount that would make it go 10% but people wouldnt like to move the coins...


im out of ideias.

Changing the set transaction fee to a percentage transaction fee sounds fair, depending the amount of coins are being transacted.

Is it possible to increase tx fees by a % say every transaction you make? 1st is standard and 2nd increases by set %? Which resets after 30days of the first transaction or something?

Ooooh.  That's a nice idea.  That encourages people holding as well as burning some BALLS. That's pretty brilliant.

That is a cool idea but it would KILL exchanges which make many transactions/day

Another valid point

[ThePeePs]

The Multipool for Snowballs is now up and running, waiting for hash!!

http://balls.mmxivcoin.com

[iGotSpots]

The BALLS Multipool is now up!
ThePeePs is running this one so it WILL WORK

Connect your miner to the appropriate port, use the BALLS address you want to be paid out as your username and any password


SHA256
stratum+tcp://balls.mmxivcoin.com:3333
 
SCRYPT
stratum+tcp://balls.mmxivcoin.com:4444

X11
stratum+tcp://balls.mmxivcoin.com:5555


More questions: http://balls.mmxivcoin.com/faq

[anticlimax]

Is it normal for the wallet to only connect to 8 nodes only or is there a need for additional nodes added via conf file?

Hello guys, i think that we have to find a solution for the 5000% PoS, the anti-inflation system isnt working. I have some ideias:

A) Set a max staking amount, and instead of the split the amount after staking (i dont know if this is possible but do the oposite set the original amout + the generated amount together). so ppl would have to split coins and pay the fee, or if they were staking that max amount the next stake would be exactly the same.

B) After X blocks reduce the coins by % this would force people to be forced to stake coins, after all this is a high staking % coin.
 
C) insted of the 6.4 BALLS per transaction set it to % like staking is 13% do a transaction fee ie: 3% of amount that would make it go 10% but people wouldnt like to move the coins...


im out of ideias.

Changing the set transaction fee to a percentage transaction fee sounds fair, depending the amount of coins are being transacted.

Is it possible to increase tx fees by a % say every transaction you make? 1st is standard and 2nd increases by set %? Which resets after 30days of the first transaction or something?

Ooooh.  That's a nice idea.  That encourages people holding as well as burning some BALLS. That's pretty brilliant.

That is a cool idea but it would KILL exchanges which make many transactions/day

True.. Hmm

Edit: Multipool looks great!

[iGotSpots]

More coins will be added periodically. Unfortunately we only saw 2 SHA coins on Poloniex, but additional coins will be added to all 3 algos as we find more coins that peak profitability charts

[CiZ]

The BALLS Multipool is now up!
ThePeePs is running this one so it WILL WORK

can tell step by step ?

[iGotSpots]

The BALLS Multipool is now up!
ThePeePs is running this one so it WILL WORK

can tell step by step ?

Connect your miner to the appropriate port, use the BALLS address you want to be paid out as your username and any password


SHA256
stratum+tcp://balls.mmxivcoin.com:3333
 
SCRYPT
stratum+tcp://balls.mmxivcoin.com:4444

X11
stratum+tcp://balls.mmxivcoin.com:5555


More questions: http://balls.mmxivcoin.com/faq

[Hilux74]

Its not about listening to all the silly HYPe, when you want to go pro you go BALLS deep.

[iGotSpots]

Its not about listening to all the silly HYPe, when you want to go pro you go BALLS deep.

Now to keep those sell walls off our Snowballs!

[kyma]

wow multipool combined with minting ..this is interesting!