Alright I guess we will see if its a good change or not. I truly don't know, but I will see you guys on the other side. I'm gonna drop out of this thread. Cheers and good luck gentlemen.
We'll miss you! haha. You still playing the game?
Topic: [ANN] FlutterCoin FLT Proof Of Transaction Cash Back for Sending & Recieving - page 211. (Read 368065 times)
April 09, 2014, 02:40:55 PM
We'll miss you! haha. You still playing the game?
April 09, 2014, 02:36:50 PM
If PoT is not cost effective to send back and forth to ourselves or to each other, that we would be spending more in TX fees to get the PoT, the we'd need massive amounts of transactions to hit PoT? So if PoT is 2500 and fee is .01, we would need 250000 transactions per 1 PoT reward? That's just breaking even, too. Of course there are variables such as luck and if kidcoin changes the PoW block reward, but based on my math, am I close to being correct?
April 09, 2014, 02:30:54 PM
Alright I guess we will see if its a good change or not. I truly don't know, but I will see you guys on the other side. I'm gonna drop out of this thread. Cheers and good luck gentlemen.
April 09, 2014, 02:16:43 PM
I think changing the reward will either turn it into a pump and dump situation, or it will turn it into a highly successful coin. Most likely will just be dumped and ruined. I'm just gonna hold them and get PoS for years and just let it ride. I like to take bigger gambles for bigger rewards.
In any event, even if it was a slow rise, coins would be dumped when people hit a price they are satisfied with.
The thing is this - make it rarer and force buyers into the market - that is the only thing that will save us from the multi-pools, which is a lot of the reason the price is so low today.
April 09, 2014, 02:07:14 PM
It will take some time for the market to adjust to whatever changes kidcoin makes. I hope the people who want the changes to be made are 100% sure of what they want and not looking for the quick return on their money in exchange for the possible destruction of the coin. For the coin to maintain its current price, i personally think this coin is fine the way it is, just need to exploit the features it already has and market the snot out of it. getting merchants helps too.
April 09, 2014, 02:02:39 PM
I know that I don't know enough about what's good for a coin to be sure one way or the other. Fingers crossed
April 09, 2014, 01:56:53 PM
I think changing the reward will either turn it into a pump and dump situation, or it will turn it into a highly successful coin. Most likely will just be dumped and ruined. I'm just gonna hold them and get PoS for years and just let it ride. I like to take bigger gambles for bigger rewards.
April 09, 2014, 01:56:36 PM
Just got this from a group I'm in.
Now you can track fluttercoin prices on your iphone with this app.
source: http://coinfeedapp.com/
If you like the app, donate fluttercoins to coinfeed at: FMToSKGpbcFWne31jKXbF9xXQMJCXfbb9c
Now you can track fluttercoin prices on your iphone with this app.
source: http://coinfeedapp.com/
If you like the app, donate fluttercoins to coinfeed at: FMToSKGpbcFWne31jKXbF9xXQMJCXfbb9c
I like the price on Poloniex
Will this work on my Motorola Flip phone from 1997?
April 09, 2014, 01:55:43 PM
Think of this as what say Blackcoin did. Mining POW for X number of blocks then POS.
Only thing is we still have POW, POS, POT
Only thing is we still have POW, POS, POT
April 09, 2014, 01:54:27 PM
Maybe the 5000 will be 10 days. 10 days is plenty to fork.
I will say this. If I do this, this will be the last fork pertaining to the reward system.
I will say this. If I do this, this will be the last fork pertaining to the reward system.
10 days? Rewards over...
10 days to start the reduction process...
April 09, 2014, 12:41:23 PM
Just got this from a group I'm in.
Now you can track fluttercoin prices on your iphone with this app.
source: http://coinfeedapp.com/
If you like the app, donate fluttercoins to coinfeed at: FMToSKGpbcFWne31jKXbF9xXQMJCXfbb9c
Now you can track fluttercoin prices on your iphone with this app.
source: http://coinfeedapp.com/
If you like the app, donate fluttercoins to coinfeed at: FMToSKGpbcFWne31jKXbF9xXQMJCXfbb9c
no android no win
April 09, 2014, 12:06:11 PM
Maybe the 5000 will be 10 days. 10 days is plenty to fork.
I will say this. If I do this, this will be the last fork pertaining to the reward system.
I will say this. If I do this, this will be the last fork pertaining to the reward system.
10 days? Rewards over...
April 09, 2014, 11:58:15 AM
Just got this from a group I'm in.
Now you can track fluttercoin prices on your iphone with this app.
source: http://coinfeedapp.com/
If you like the app, donate fluttercoins to coinfeed at: FMToSKGpbcFWne31jKXbF9xXQMJCXfbb9c
Now you can track fluttercoin prices on your iphone with this app.
source: http://coinfeedapp.com/
If you like the app, donate fluttercoins to coinfeed at: FMToSKGpbcFWne31jKXbF9xXQMJCXfbb9c
I like the price on Poloniex
April 09, 2014, 11:19:20 AM
POT rewards more often (nearly every block), but that generate only say 1% of the block reward?
how is it now? 200% every 200 blocks? remeber this "someone sending 1000 FLT to an ecommerce site for 1 widget, could be rewarded 2000 FLT via POB, enabling this person to possibly buy an additional 2". 1% would not be the same.
I think its fine how it is
thisYeah not changing it... would lead to problems. Its rare as it should be anywhere from 30 - 100 blocks I see it. Depends.
That analogy though isn't the reward - just an example. The reward is simply 50% of the POW reward.
April 09, 2014, 11:02:18 AM
POT rewards more often (nearly every block), but that generate only say 1% of the block reward?
how is it now? 200% every 200 blocks? remeber this "someone sending 1000 FLT to an ecommerce site for 1 widget, could be rewarded 2000 FLT via POB, enabling this person to possibly buy an additional 2". 1% would not be the same.
I think its fine how it is
this April 09, 2014, 11:01:26 AM
POT rewards more often (nearly every block), but that generate only say 1% of the block reward?
could get too tricky imho I think its fine how it is April 09, 2014, 10:41:44 AM
POT rewards more often (nearly every block), but that generate only say 1% of the block reward?
April 09, 2014, 10:34:32 AM
Code:
if (nHeight > 22000 && nHeight <= 34750)
{
nSubsidy = 5000;
return nSubsidy * COIN;
}
if (nHeight > 34750 && nHeight <= 64990)
{
nSubsidy = 2500;
unsigned int nHeightTemp = nHeight - 34750;
nSubsidy >>= (nHeightTemp / 5040);
return nSubsidy * COIN;
}
if (nHeight > 64990)
{
nSubsidy = 20;
unsigned int nHeightTemp = nHeight - 64990;
nSubsidy >>= (nHeightTemp / 262800);
return nSubsidy * COIN;
}
return nSubsidy * COIN;
April 09, 2014, 10:12:07 AM
Maybe the 5000 will be 10 days. 10 days is plenty to fork.
I will say this. If I do this, this will be the last fork pertaining to the reward system.
I will say this. If I do this, this will be the last fork pertaining to the reward system.
April 09, 2014, 10:05:09 AM
It will go something like this, but its really 5040 blocks I think per week, doesn't matter though:
50,000,000.00 5000 2 weeks
12,500,000.00 2500 1 week
6,250,000.00 1250 1 week
3,125,000.00 625 1 week
1,562,500.00 312.5 1 week
781,250.00 156.25 1 week
390,625.00 78.125 1 week
195,312.50 39.0625 1 week
5,256,000.00 20 1 year
2,628,000.00 10 1 year
1,314,000.00 5 1 year
657,000.00 2.5 1 year
328,500.00 1.25 1 year
164,250.00 0.625 1 year
85,152,437.50 future mined coins
138,031,488.00 current mined coins
223,183,925.50 total estimated coins
50,000,000.00 5000 2 weeks
12,500,000.00 2500 1 week
6,250,000.00 1250 1 week
3,125,000.00 625 1 week
1,562,500.00 312.5 1 week
781,250.00 156.25 1 week
390,625.00 78.125 1 week
195,312.50 39.0625 1 week
5,256,000.00 20 1 year
2,628,000.00 10 1 year
1,314,000.00 5 1 year
657,000.00 2.5 1 year
328,500.00 1.25 1 year
164,250.00 0.625 1 year
85,152,437.50 future mined coins
138,031,488.00 current mined coins
223,183,925.50 total estimated coins
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