[ANN] FlutterCoin FLT Proof Of Transaction Cash Back for Sending & Recieving - page 212.

thekidcoin

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Quote from: pille on April 09, 2014, 08:34:25 AM

I personally think 7 days is very short. There are people with millions of coins now, and newcomers will get too few coins and getting annoyed about that. Nethash may drop strongly, we dont want that. At least I dont belive you could manipulate the price with this. But who knows. Just give this great coin some time, it stands for itself. I really like how you want to make it still better but please decide wisely.

On the other hand, as an early adopter i´d like less total coins too.

They would still have a chance...

Thing is we started at 5K max reward - random rewards (500 - 5000) @ 1 minute

Then we moved to 10k max reward - random rewards (1000 - 10000) @ 2 minute blocks

Now we are at 5000 static with 2 minute blocks

Dropping to 2500 in 2 weeks isn't a bog stretch IMHO

Then dropping every week after until it levels out.

maxsinner

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Quote from: pille on April 09, 2014, 08:34:25 AM

I personally think 7 days is very short. There are people with millions of coins now, and newcomers will get too few coins and getting annoyed about that. Nethash may drop strongly, we dont want that. At least I dont belive you could manipulate the price with this. But who knows. Just give this great coin some time, it stands for itself. I really like how you want to make it still better but please decide wisely.

On the other hand, as an early adopter i´d like less total coins too.

Now it's dirt cheap buying a few million. If the price does not go up, then it will still be cheap and newcomers can get on board easily, if the price goes up... then do we really have to worry about it?

Collegestudent

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The blockchain is the future

Quote from: pille on April 09, 2014, 08:34:25 AM

I personally think 7 days is very short. There are people with millions of coins now, and newcomers will get too few coins and getting annoyed about that. Nethash may drop strongly, we dont want that. At least I dont belive you could manipulate the price with this. But who knows. Just give this great coin some time, it stands for itself. I really like how you want to make it still better but please decide wisely.

On the other hand, as an early adopter i´d like less total coins too.

Start faucets and BC btw was a 7days halving pos

pille

sr. member

Activity: 436

Merit: 250

I personally think 7 days is very short. There are people with millions of coins now, and newcomers will get too few coins and getting annoyed about that. Nethash may drop strongly, we dont want that. At least I dont belive you could manipulate the price with this. But who knows. Just give this great coin some time, it stands for itself. I really like how you want to make it still better but please decide wisely.

On the other hand, as an early adopter i´d like less total coins too.

maxsinner

sr. member

Activity: 336

Merit: 250

Quote from: thekidcoin on April 09, 2014, 08:04:55 AM

Maybe we fork in 2 weeks to halve every 7 days for a few months ?

My opinion probably does not matter as a quite infrequent visitor of this thread, but I'd say go for it. This is will also create a lot of buzz around the coin which I believe it needs. Just be prepared to ignore all the trolls and the negs.

Collegestudent

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The blockchain is the future

Quote from: thekidcoin on April 09, 2014, 08:04:55 AM

Maybe we fork in 2 weeks to halve every 7 days for a few months ?

Change rewards to an amt that halves every week for a month.
Chnage the total cap between 200-500million mineable.
Plan a multipool.
Attempt to add to cryptsy
And there you have a coin worth 10K sats

thekidcoin

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Activity: 308

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FlutterCoin Developer

Maybe we fork in 2 weeks to halve every 7 days for a few months ?

maxsinner

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Activity: 336

Merit: 250

thekidcoin, what about changing from Scrypt to x11 for example, is this possible?

thekidcoin

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Merit: 250

FlutterCoin Developer

Quote from: seattletu on April 09, 2014, 05:01:16 AM

i still think if the coin paid out much less on a PoT, but it happened much more often, you would have people getting interested in it more. it would have the positive reinforcement effect that a slot machine has.

i know it's not feasible in the code to do it that way, but it would really work if it was possible.

It could be done and it would likely be nearly every block. Reward would have to be very small

thekidcoin

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FlutterCoin Developer

Quote from: Collegestudent on April 09, 2014, 06:09:42 AM

There is going to be a big pump of FLT getting BIG rumours of a russian team that pumped MINT and FAC. It would be best to buy more as they poured in 30BTCs in Mintcoin and 50BTCs in FAC increasing it 6 fold. Check out my posts to see how legit i am. Where i go the money goes.

This is true, been hearing whispers of a pump

thekidcoin

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FlutterCoin Developer

Quote from: fedmahnkassad on April 09, 2014, 02:31:55 AM

Quote from: seattletu on April 09, 2014, 01:53:10 AM

i think the number of coins is way more exact now that the block has gone static. when what you read was written, was when the reward was in a random range. so, it's outdated info.

Cool, I hope it gets updated. So what is the max number atm?

Like 2.6 billion max ATM but less because of POS (POS blocks count towards the block count)

seattletu

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Hi college,

When is this supposed to happen, and why are you telling us?

Collegestudent

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Merit: 500

The blockchain is the future

Quote from: maxsinner on April 09, 2014, 06:22:35 AM

Quote from: Collegestudent on April 09, 2014, 06:09:42 AM

There is going to be a big pump of FLT getting BIG rumours of a russian team that pumped MINT and FAC. It would be best to buy more as they poured in 30BTCs in Mintcoin and 50BTCs in FAC increasing it 6 fold. Check out my posts to see how legit i am. Where i go the money goes.

If a great coin like this one falls below 70k market cap it becomes a great target for pump and dumpers unfortunately.

This one will be a pump and hold tho. It will be the BC train shooting 20x leaving others speechless

maxsinner

sr. member

Activity: 336

Merit: 250

Quote from: Collegestudent on April 09, 2014, 06:09:42 AM

There is going to be a big pump of FLT getting BIG rumours of a russian team that pumped MINT and FAC. It would be best to buy more as they poured in 30BTCs in Mintcoin and 50BTCs in FAC increasing it 6 fold. Check out my posts to see how legit i am. Where i go the money goes.

If a great coin like this one falls below 70k market cap it becomes a great target for pump and dumpers unfortunately.

Collegestudent

hero member

Activity: 518

Merit: 500

The blockchain is the future

There is going to be a big pump of FLT getting BIG rumours of a russian team that pumped MINT and FAC. It would be best to buy more as they poured in 30BTCs in Mintcoin and 50BTCs in FAC increasing it 6 fold. Check out my posts to see how legit i am. Where i go the money goes.

maxsinner

sr. member

Activity: 336

Merit: 250

Quote from: seattletu on April 09, 2014, 05:01:16 AM

i still think if the coin paid out much less on a PoT, but it happened much more often, you would have people getting interested in it more. it would have the positive reinforcement effect that a slot machine has.

i know it's not feasible in the code to do it that way, but it would really work if it was possible.

I am happy with the low price because it allows me to buy 100k here and there and hold them. And to be honest this is the first coin that I am actually interested in holding and spending and not trading ('cause of PoT/PoB). I just hope in the future more merchants warm up to the idea of accepting flutter and getting some extra rewards in the process.

seattletu

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Activity: 336

Merit: 250

i still think if the coin paid out much less on a PoT, but it happened much more often, you would have people getting interested in it more. it would have the positive reinforcement effect that a slot machine has.

i know it's not feasible in the code to do it that way, but it would really work if it was possible.

seattletu

sr. member

Activity: 336

Merit: 250

Quote from: maxsinner on April 09, 2014, 04:41:15 AM

Quote from: seattletu on April 09, 2014, 02:37:34 AM

currently projected to be like 800 million for proof of work. but maybe less if kidcoin changes the reward structure, which is what is being discussed right now.

Thanks. Considering the current absurdly low market cap, I think the changes will be good even if they make some people start talking about premine (same issue that Darkcoin is facing at the moment).

yeah i've been thinking about it more...it's not really a premine anyone could have mined it for quite a while now. a premine is a coin that has literally been mined before the public has access to mining it. which isn't the case with this coin.

a lot of activity on bter, i wonder if it's because of this thread?

maxsinner

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Activity: 336

Merit: 250

Quote from: seattletu on April 09, 2014, 02:37:34 AM

currently projected to be like 800 million for proof of work. but maybe less if kidcoin changes the reward structure, which is what is being discussed right now.

Thanks. Considering the current absurdly low market cap, I think the changes will be good even if they make some people start talking about premine (same issue that Darkcoin is facing at the moment).

Halofire

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@halofirebtc

Quote from: DKdance on April 07, 2014, 03:12:50 PM

PASS THE FLUTTER !

https://bitcointalksearch.org/topic/pass-the-flutter-556910

Hey everyone! Come join us at the thread above to play a neat game where you could win 2500 FLT! The game is designed to show how Fluttercoin's PoT feature works. Check it out! Tell your friends, tweet and FB too! Good luck!

Topic: [ANN] FlutterCoin FLT Proof Of Transaction Cash Back for Sending & Recieving - page 212. (Read 368065 times)