So Ive been watching the market the last few days. The main thing I see, is the same people selling every single stake to the exchange. The whole point of this coin is its a "long term hold coin". Its designed to hold for 1.5-2 years or longer. Every wise investor should take some profits from time to time. But there are certain people that sell every single stake to the exchange. This does not give the market a chance to recover. So begining this week, if you have sold ever single stake to the market, then youll be disqualified from Superfly rewards. The goal of superfly rewards was to reward FLY supporters. By selling every single stake for weeks on end is not a way to support fly. So tweeting about fly and then dumping all you can is not supporting fly. Try a more moderate approach such as 1 week out of 5-6 weeks.
Vegas
Vegas
I think it is their loss. But the cool thing about posting the observation is that we now know that the steady feed of PoS going to the market is making the price of the coin atrificially lower than its actual value.
So the ones holding long term and/or buying PoS dividends are the ones that will gain in the end.
Are the SuperFLY rewards only paid to Main wallets? That would be a good thing. Selling off your SuperFLY rewards is counter productive and against the spirit of the coin.
My thoughts on the matter.
Agreed!
I really want to narrow down who are supporters are and give them more. Our next update might probably remove the stake fee from those staking to themselves, and reward less people, but more FLY. It will continue to charge those staking to exchange.
Vegas
finally got some of my other coins sold and have some $$ to pick up some... still way short of 100 though......how's everybody else doing...getting close?
