[ANN] FlutterCoin FLT Proof Of Transaction Cash Back for Sending & Recieving - page 264.

seattletu

sr. member

Activity: 336

Merit: 250

Quote from: ?? on ??

Quote from: seattletu on March 19, 2014, 07:43:16 AM

And to reiterate I have 5% of all mined coins, and I'm going to hold for a long time. I believe just me stating that might encourage other large coin holders to keep their coin long term too.

Whats the current total mined?

According to moonpool's link at flutterchain.us there are about 60 million so far

Mightymoo

full member

Activity: 206

Merit: 100

Quote from: seattletu on March 19, 2014, 07:43:16 AM

And to reiterate I have 5% of all mined coins, and I'm going to hold for a long time. I believe just me stating that might encourage other large coin holders to keep their coin long term too.

Yeah I'm holding too although you had like 10x my hashrate so me dumping would be like a fart in the wind compared to you dumping.

seattletu

sr. member

Activity: 336

Merit: 250

And to reiterate I have 5% of all mined coins, and I'm going to hold for a long time. I believe just me stating that might encourage other large coin holders to keep their coin long term too.

seattletu

sr. member

Activity: 336

Merit: 250

I don't think it will be a pump and dump. I think people will actually use this coin to buy shit. Might as well make payments using this coin since at least you get a chance to receive a random reward. Any coin that has something new is worth giving a chance.

brows

newbie

Activity: 49

Merit: 0

Quote from: Mightymoo on March 19, 2014, 06:36:02 AM

Its only on Chinese exchange at minute too (atleast i think bter is chinese?) What happens when it moves to a more widely used exchange like cryptsy or mintpal.

It gets dumped on a massive scale by the miners, who panic sell into lowball buy walls. Then the coin loses a ton of value, but if you're lucky it gets pumped and dumped... maybe more than once. Then it dies usually.

It's a shame because the miners truly dictate the price in this scenario, but generally have weak hands, enabling this to play out time and time again.

lumeire

legendary

Activity: 1848

Merit: 1009

Next-Gen Trade Racing Metaverse

Are we going too fast? Difficulty is at 90+ already.

I think we will experience a huge pump then dumped to the ground - like all innovative new coins.

moonpool

full member

Activity: 126

Merit: 100

Quote from: moonpool on March 19, 2014, 06:15:06 AM

http://flutterchain.us/
I made a fluttercoin explorer with current USD price and market cap.
Will be updating it periodically. Should have address lookup and such very soon.

We are actually already #70 if we get added to coinmarketcap if my calulations are correct.

seattletu

sr. member

Activity: 336

Merit: 250

Quote from: Mightymoo on March 19, 2014, 06:36:02 AM

Its only on Chinese exchange at minute too (atleast i think bter is chinese?) What happens when it moves to a more widely used exchange like cryptsy or mintpal.

Yeah it will happen fast too I think. Maybe straight to cryptsy.

seattletu

sr. member

Activity: 336

Merit: 250

Quote from: ripzombie on March 19, 2014, 06:31:06 AM

cause difficulty rising so fast?
How much more will increase?

The fork went smooth , no problems. So people are starting to mine it. Who knows how high the difficulty will go, it usually depends on the price a coin is trading on the exchanges to determine how high a difficulty people are willing to mine at.

Mightymoo

full member

Activity: 206

Merit: 100

Its only on Chinese exchange at minute too (atleast i think bter is chinese?) What happens when it moves to a more widely used exchange like cryptsy or mintpal.

ripzombie

full member

Activity: 589

Merit: 100

cause difficulty rising so fast?
How much more will increase?

moonpool

full member

Activity: 126

Merit: 100

http://flutterchain.us/
I made a fluttercoin explorer with current USD price and market cap.
Will be updating it periodically. Should have address lookup and such very soon.

seattletu

sr. member

Activity: 336

Merit: 250

The fork seems to have gone perfectly, thanks to thekidcoin for his hard work.

Makitaki

member

Activity: 103

Merit: 10

The difficulty is fucking insane already. At the start I could get 100,000 coins a day, and now it's only 1,000... Grin

Mightymoo

full member

Activity: 206

Merit: 100

about to break 100 diff xD

seattletu

sr. member

Activity: 336

Merit: 250

the difficulty has been steadily increasing, i wouldn't rely on those numbers until the hashrate levels out

bullus

sr. member

Activity: 294

Merit: 250

Are the FLT/day correct on the pools? So about 1000FLT/Mh/day?

seattletu

sr. member

Activity: 336

Merit: 250

Quote from: Cryptokk on March 19, 2014, 02:47:00 AM

Quote from: seattletu on March 18, 2014, 10:32:18 PM

kidcoin if you get a chance, can you explain a little about the change that will be implemented about the 6 minute maximum block time? so if a block gets stuck, it forces the network to start a new block? what happens if a block hits a 6 minute max, does it just orphan or something?

I would also some explanations about the PoB. Not sure to understand this.
Look like a good dev but nothing technical is correctly explained.

the way i understand it, anytime 501 or more fluttercoins is sent from one address to another, there is a small chance that BOTH the sender and the receiver can receive a random fluttercoin reward. i'm not entirely sure what the reward is, but i think it's a random number of coins that is the same range as the current block reward.

i'm not completely certain though.

and it looks like this coin is really taking off, difficulty already at 85

hashmage

newbie

Activity: 25

Merit: 0

Quote from: moonpool on March 19, 2014, 03:07:32 AM

Quote from: hashmage on March 19, 2014, 03:05:52 AM

are blocks after 12400 all orphaned or are coins maturing?

You have to be on the latest fluttercoin client and your pool should be on the latest fluttercoin client.

i was just searching blocks around 12400-12430 and saw some orphaned ones, but just at this minute i got first coins to mature on bitember.

moonpool

full member

Activity: 126

Merit: 100

Quote from: hashmage on March 19, 2014, 03:05:52 AM

are blocks after 12400 all orphaned or are coins maturing?

You have to be on the latest fluttercoin client and your pool should be on the latest fluttercoin client.

Topic: [ANN] FlutterCoin FLT Proof Of Transaction Cash Back for Sending & Recieving - page 264. (Read 368097 times)