Love the look of this coin and think it has the potential to do a black coin type run, but to be realistic what price do you think this coin could possibly reach? Is $1 a bridge to far or could it be achieved?
If you are interested in Flutter just to speculate and dump out at the peak, expect to be disappointed for a while. BC's run was something you do not see very often because it had a lot of factors behind it, some organic, some artificial, some pure chance - and various coincidences and incentives have to line up just right.
I don't see this happening with FLT any time soon. Maybe after the PoW phase ends things might shake up a bit, but by then who knows. Maybe China does yet another 180 on crypto or MtGox comes back from the dead to feast on more suckers again; maybe PoT becomes front page discussion on CoinDesk and bleeds over into MarketWatch and WSJ coverage the way Scrypt-N did (assuming FUD mongers don't succeed in mislabeling it as 'just a lotto game' which they are already trying to do). 6 weeks is an eternity in crypto and anything can happen good or bad.
My mistake, I thought this coin halved until there was no reward left, but that's not correct. Still, the last halving usually means a coin drops off predatory multipool radar screens so there is one less factor to keep an eye on (and to worry people about being unexpectedly dumped on).
Tipping and merchant use will really be fascinating with the PoT rewards delivering more and more new coins into the economy of spenders rather than of savers. As someone who thinks that inflation isn't necessarily bad in a thriving economy (because it accelerates the overall velocity of money, and decreases the importance of absolute price for goods and services with respect to the currency while increasing their importance of their value with respect to each other) I like the idea of a little inflation. Especially as PoT 'pays you back' as a spender who is doing the work of price evaluation of goods, instead of paying back people who just sit on piles of currency and let the rest of the economy do the work of being an economy while they just charge rent.
