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Topic: FLY COIN ANN.Swapping to "Las Vegas"coin,+Masternodes,Darksend,Stealth, instantX - page 49. (Read 186205 times)

legendary
Activity: 1610
Merit: 1003
"Yobit pump alert software" Link in my signature!
So I wanted to explain the 10% POS rate. Some of you may feel that the rate might be too low and detract investors. The 10% rate stabilizes the price. The next stage is to build a multipool to fund our next development stages. After the multipool, a 4 tier masternode will be added. These numbers are a rough draft and Im still tweaking them, so I welcome feedback.

500 fly collateral 5% of POS
1000 fly collateral 10% of POS
2000 fly collateral 15% of POS
5000 fly collateral  25% of POS

These numbers will change, as I need to sit down, and have it make more sense. In essence for those of you that dont know, for example when you setup a masternode of say 5000 fly, then youll receive 25% of the entire POS system and split that 25% with others that share that same masternode level. I know these numbers are off, and I need to sit down and calculate it to really make sense. But I just wanted to make an example to show you what our next step will be after the multipool.

Vegas

I sort of like the idea, but I only have 92FLY so kinds of sucks for me, to get any further now will be really hard or really expensive  Sad


Hi Crunk. That is the whole reason for doing this. Lowering the POS and making the POS rate dependent on masternodes, causes not only people to buy, but also to hold to get the benefits of the masternodes (MUCH higher rewards). So prices will go higher, and the dumping will slow. So, my advice is there is still time. Slowly collect a bit of fly as you can.

Vegas

I get what your trying to do, and I like the idea but it seems only to reward the people that have a lot of FLY.
I bought in ages ago for a small amount as i liked the POS rewards, ive kept my wallet staking and supporting the chain and slowly building, I was hoping to get to the 100FLY to get my bonus but then that changed, and now the POS is going down.
I fail to see how you can entice new FLY users when as I see it you need to be buying 500+ just to get a start.
I liked the idea of the supper block but alas I never found one.

I fear this is now a coin for the rich and I'm afraid that isn't me I simply cant afford to buy 407FLY to even get any where near where i would need to be.

I'm not having a go mind, Ive enjoyed FLY and as such have stuck up for you and the coin on several occasions so please don't think I'm moaning, I'm just going to find it out of my reach now Sad

Crunk there are loads of ways to earn fly. As you see above we badly need an expert in coding masternodes. There is always ways to earn fly, so I wouldnt throw in the towel yet. The other reason for lowering the POS, is coins that have a high POS that is 50% and above , if not lowered with destroy the price. There becomes so many coins out there that they become worthless. Much like the US dollar, because they keep on printing it, it is worth less daily. Fly was always meant to be rare, and always will be. The masternodes wont start until probably 2-3 months from now. A multi-tier masternode has never been done before, so this is going to take some time. We dont even have a dev that can do it yet. My advice is buy a little each week, and dump your short term junk coins. Fly will hold its value because it wont inflate. In fact it will only rise in value as I continue to add features such as time lock, and/or hodl and more. So, trust me when I tell you, a high pos is not good for long term, because they all end up at the same price. Fly is one of a tiny amount of coins that has value after 1 year. Its because I have put mechanisms in place to slow inflation. Now I need to add features that have value. So, you dont need 500 fly right this second. Wealth is built slowly over many years. Years from now , when people are sick of all the short term "new dev" scam coins, they will flock to fly, because they know its a safe place. They also will know that the value will continue to climb because of very slow inflation and the constant addition of nice features. The other way to earn fly soon is by mining it. Griffith has started work on our multipool that pays out in fly. We will support the following algos Scrypt,Sha-256,X13. Is there another algo that we need? Also crunk we pay nice bounties to anyone that can get us wallet compiling work. Just look through the altcoin announcements and if you see a coin that does not have a certain wallet, PM the OP and send them a link to our wallet compiling service. https://bitcointalksearch.org/topic/wallet-compiling-service-for-any-platform-including-windows-32bit64macandroid-1483690

Vegas
legendary
Activity: 1176
Merit: 1005
crunck
So I wanted to explain the 10% POS rate. Some of you may feel that the rate might be too low and detract investors. The 10% rate stabilizes the price. The next stage is to build a multipool to fund our next development stages. After the multipool, a 4 tier masternode will be added. These numbers are a rough draft and Im still tweaking them, so I welcome feedback.

500 fly collateral 5% of POS
1000 fly collateral 10% of POS
2000 fly collateral 15% of POS
5000 fly collateral  25% of POS

These numbers will change, as I need to sit down, and have it make more sense. In essence for those of you that dont know, for example when you setup a masternode of say 5000 fly, then youll receive 25% of the entire POS system and split that 25% with others that share that same masternode level. I know these numbers are off, and I need to sit down and calculate it to really make sense. But I just wanted to make an example to show you what our next step will be after the multipool.

Vegas

I sort of like the idea, but I only have 92FLY so kinds of sucks for me, to get any further now will be really hard or really expensive  Sad

Hi Crunk. That is the whole reason for doing this. Lowering the POS and making the POS rate dependent on masternodes, causes not only people to buy, but also to hold to get the benefits of the masternodes (MUCH higher rewards). So prices will go higher, and the dumping will slow. So, my advice is there is still time. Slowly collect a bit of fly as you can.

Vegas

I get what your trying to do, and I like the idea but it seems only to reward the people that have a lot of FLY.
I bought in ages ago for a small amount as i liked the POS rewards, ive kept my wallet staking and supporting the chain and slowly building, I was hoping to get to the 100FLY to get my bonus but then that changed, and now the POS is going down.
I fail to see how you can entice new FLY users when as I see it you need to be buying 500+ just to get a start.
I liked the idea of the supper block but alas I never found one.

I fear this is now a coin for the rich and I'm afraid that isn't me I simply cant afford to buy 407FLY to even get any where near where i would need to be.

I'm not having a go mind, Ive enjoyed FLY and as such have stuck up for you and the coin on several occasions so please don't think I'm moaning, I'm just going to find it out of my reach now Sad
legendary
Activity: 1610
Merit: 1003
"Yobit pump alert software" Link in my signature!
So I wanted to explain the 10% POS rate. Some of you may feel that the rate might be too low and detract investors. The 10% rate stabilizes the price. The next stage is to build a multipool to fund our next development stages. After the multipool, a 4 tier masternode will be added. These numbers are a rough draft and Im still tweaking them, so I welcome feedback.

500 fly collateral 5% of POS
1000 fly collateral 10% of POS
2000 fly collateral 15% of POS
5000 fly collateral  25% of POS

These numbers will change, as I need to sit down, and have it make more sense. In essence for those of you that dont know, for example when you setup a masternode of say 5000 fly, then youll receive 25% of the entire POS system and split that 25% with others that share that same masternode level. I know these numbers are off, and I need to sit down and calculate it to really make sense. But I just wanted to make an example to show you what our next step will be after the multipool.

Vegas

I sort of like the idea, but I only have 92FLY so kinds of sucks for me, to get any further now will be really hard or really expensive  Sad

Hi Crunk. That is the whole reason for doing this. Lowering the POS and making the POS rate dependent on masternodes, causes not only people to buy, but also to hold to get the benefits of the masternodes (MUCH higher rewards). So prices will go higher, and the dumping will slow. So, my advice is there is still time. Slowly collect a bit of fly as you can. I would buy sooner , than later, because the POS is 35% right now but in a couple of weeks, it will drop to 10%. This is at block 90k.

Griffith is not an expert on Masternodes, and hasnt done any work with masternodes. So he advised me to find someone else that is much more experienced with Masternodes. So to my knowledge nobody has created a multi-tier masternode system. Im announcing a 100 fly reward to someone that can find a dev that actually completes this.

Vegas
legendary
Activity: 1176
Merit: 1005
crunck
So I wanted to explain the 10% POS rate. Some of you may feel that the rate might be too low and detract investors. The 10% rate stabilizes the price. The next stage is to build a multipool to fund our next development stages. After the multipool, a 4 tier masternode will be added. These numbers are a rough draft and Im still tweaking them, so I welcome feedback.

500 fly collateral 5% of POS
1000 fly collateral 10% of POS
2000 fly collateral 15% of POS
5000 fly collateral  25% of POS

These numbers will change, as I need to sit down, and have it make more sense. In essence for those of you that dont know, for example when you setup a masternode of say 5000 fly, then youll receive 25% of the entire POS system and split that 25% with others that share that same masternode level. I know these numbers are off, and I need to sit down and calculate it to really make sense. But I just wanted to make an example to show you what our next step will be after the multipool.

Vegas

I sort of like the idea, but I only have 92FLY so kinds of sucks for me, to get any further now will be really hard or really expensive  Sad
legendary
Activity: 1610
Merit: 1003
"Yobit pump alert software" Link in my signature!
So I wanted to explain the 10% POS rate. Some of you may feel that the rate might be too low and detract investors. The 10% rate stabilizes the price. The next stage is to build a multipool to fund our next development stages. After the multipool, a 4 tier masternode will be added. These numbers are a rough draft and Im still tweaking them, so I welcome feedback.

500 fly collateral 5% of POS
1000 fly collateral 10% of POS
2000 fly collateral 15% of POS
5000 fly collateral  25% of POS

These numbers will change, as I need to sit down, and have it make more sense. In essence for those of you that dont know, for example when you setup a masternode of say 5000 fly, then youll receive 25% of the entire POS system and split that 25% with others that share that same masternode level. I know these numbers are off, and I need to sit down and calculate it to really make sense. But I just wanted to make an example to show you what our next step will be after the multipool.

Vegas
legendary
Activity: 1106
Merit: 1004
No risk, no fun!

Fly coin V2.4 released!! Upgrade asap.

Raised probability to 4x on Superblocks
Changed Max age to 90 days
POS rate 10% to slow inflation, and offer much higher rates using masternodes to be implemented soon
Zapwallettxes command now fixed
Note: POS % change will not take effect until block 90k. It might be a very good idea to buy more now while the % is high

Ive spoken to Griffith, our next step is actually a multipool that pays out in fly. This will fund the large expense of our future projects such as multi-tier masternodes, and dash Side chain.

Vegas

New wallet downloaded and started. Its working like a clockwork!

Greetz
Steve
legendary
Activity: 1610
Merit: 1003
"Yobit pump alert software" Link in my signature!

Fly coin V2.4 released!! Upgrade asap.


Change log:

Raised probability to 4x on Superblocks
Changed Max age to 90 days
POS rate 10% to slow inflation, and offer much higher rates using masternodes to be implemented soon
Zapwallettxes command now fixed
Note: POS % change will not take effect until block 90k. It might be a very good idea to buy more now while the % is high

Ive spoken to Griffith, our next step is actually a multipool that pays out in fly. This will fund the large expense of our future projects such as multi-tier masternodes, and dash Side chain.

Vegas
legendary
Activity: 1610
Merit: 1003
"Yobit pump alert software" Link in my signature!
Ok so when you import your privkey you will start with a new fresh wallet addy. Then when you import it, it changes to your addy. If it doesnt start, its likley the block chain. Most of the time when my computer reboots unexpected, its the block chain that gets damaged. Use the blockchain, I just posted and overwrite yours. Hope this helps. Do NOT use zapwallettxes, its buggy, and youll lose your coins.

Vegas
legendary
Activity: 1894
Merit: 1001
  i agree w/'nit and pokey, let's fine tune our aims, exactly, to develop a product that is truly  attractive to investors and n00bs, and stick with it.

 also, in regards to the new wallet, it is working much better, but i need to report that i just recently had some trouble, although i think the root of it is in the bitcoin core code but idk...
first let me say that where i mine from my desktop 24/7, it is a constant stress test on the whole system, i experience frequent resets, bluescreens, etc; also i run about a dozen PoS wallets at any given time.
 so, after a recent unexpected hard shutdown, the fly wallet would not start with any of the backup .dats i had, (well, i tried about 10 of many, including the one that had started the previous session) no go so ok import keys
  (again i don't think fly is unique with this problem, but does i think express the worst instance of it; for example after this event none of the other wallets i was running had any trouble starting back up)
 did that, (balance is correct) but the results bring me here to question. when you import a private key, shouldn't the new address(s) show up on the receive tab after a restart/rescan? for me this is not the case
 also when importing, i did (had to, i think) specify a label for each addy, but the specification did not survive. i'm using win 8.1

 receive tab (after import): new addy only
    

 coin control
  
sr. member
Activity: 602
Merit: 250
HEX: Longer pays better
Current block height is 82470. For those of you stuck , then download the latest chain to today : www.bitcoinlasvegas.net/files/FlyCoin-blockchain-9-4-2016.rar

Close fly wallet, and extract the contents into your roaming/flycoin folder and overwrite.

Do NOT use zapwallettxes. There is a bug in it. But you may have to issue a -rescan command.

Vegas



Did that, and now I have a new issue

The wallet wont open, it does the loading this that and the other, then just dies on me ?

EDIT a mixture off these did it
-salvagewallet
-repairwallet
-checkwallet
legendary
Activity: 1610
Merit: 1003
"Yobit pump alert software" Link in my signature!
Current block height is 82470. For those of you stuck , then download the latest chain to today : www.bitcoinlasvegas.net/files/FlyCoin-blockchain-9-4-2016.rar

Close fly wallet, and extract the contents into your roaming/flycoin folder and overwrite.

Do NOT use zapwallettxes. There is a bug in it. But you may have to issue a -rescan command.

Vegas

sr. member
Activity: 602
Merit: 250
HEX: Longer pays better
I am on FlyCoin-qt-windows_v2.2 is this still correct ?

EDIT
I guess not its stuck with 4813 blocks to go ?

Please use Fly 2.3! 2.2 is wrong

Greetz
Steve

Hi Steve

2.3 is the same, I'm stuck on block 77637
legendary
Activity: 1106
Merit: 1004
No risk, no fun!
I am on FlyCoin-qt-windows_v2.2 is this still correct ?

EDIT
I guess not its stuck with 4813 blocks to go ?

Please use Fly 2.3! 2.2 is wrong

Greetz
Steve
sr. member
Activity: 602
Merit: 250
HEX: Longer pays better
I am on FlyCoin-qt-windows_v2.2 is this still correct ?

EDIT
I guess not its stuck with 4813 blocks to go ?
legendary
Activity: 3052
Merit: 1053
bit.diamonds | uNiq.diamonds
u know constant hardforks drive lot people away
i for example see nothing that justify this hardfork
because u implement nothing

u just play around with POS values and superfly funding ways since months (nearly a year)

keep in mind that the anti-dump fee was also just a superfly funding system

in my humble opinion

no hardforks without any new stuff that u implement

every coin that need more than 2 hardforks in a year do something wrong

how many we had at FLY?

leave FLY as it is until u have the new stuff rdy

if u dont trust me make a poll again

the votum will be clear
legendary
Activity: 1504
Merit: 1002
I just think that when we had problems way back with the implementation of the antidump, and it caused wallet issues, some people may still think this is the case, so I think it would be wise to do both. Continue development and start a twitter campaign about what our plans our regarding the multi-tier masternodes, AND the dash parallel chain.

Vegas

The only problem I see is history repeating itself again!  Let's develop something first before boasting about what might be.  We should have learnt this lesson by now.  Develop, test, release.  The masses will come when there is something to come for.  Don't get me wrong.  Everything is working great now but why should people buy Fly?  For the promise of something maybe in the future?  Nah - not interested.  There are too many of those coins out there right now!  Build something tangible and then we can all market it to the masses!  Just my opinion.  
legendary
Activity: 1610
Merit: 1003
"Yobit pump alert software" Link in my signature!
I just think that when we had problems way back with the implementation of the antidump, and it caused wallet issues, some people may still think this is the case, so I think it would be wise to do both. Continue development and start a twitter campaign about what our plans our regarding the multi-tier masternodes, AND the dash parallel chain.

Vegas
legendary
Activity: 1504
Merit: 1002
Guys we are just finishing the wallet. The superfly pos% changes, remains unchanged. But, we need to come up with an answer. A twitter campaign is badly needed to get the word out that fly is working perfect, that  fly is 1 year old, and we have clear future plans. However, I need to make sure that superfly is always funded, because I will be giving out rewards each week, but I wont be getting back because there are no fees, and I dont want to bring fees back. I want to give to the users, not take. Please submit ideas. I will reward for the best idea.

Vegas

@vegasguy - before we start a Twitter campaign - why don't we lay low and complete something that is Twitter campaign worthy - like the masternode/dash idea?  Then we don't need to worry right now about funding the Superfly wallet and you can concentrate on making something new for us all to talk about?
legendary
Activity: 1610
Merit: 1003
"Yobit pump alert software" Link in my signature!
Guys we are just finishing the wallet. The superfly pos% changes, remains unchanged. But, we need to come up with an answer. A twitter campaign is badly needed to get the word out that fly is working perfect, that  fly is 1 year old, and we have clear future plans. However, I need to make sure that superfly is always funded, because I will be giving out rewards each week, but I wont be getting back because there are no fees, and I dont want to bring fees back. I want to give to the users, not take. Please submit ideas. I will reward for the best idea.

Vegas
legendary
Activity: 1610
Merit: 1003
"Yobit pump alert software" Link in my signature!
How about running a signature / Twitter campaign to get more people involved?
Like x Posts rewards you with y FLY?
That way people actually promote FLY. I've never heard anywhere about FLY except in this ANN.
Rewarding FLY believers for just hodl FLY doesn't make it more popular..
*just a thought*

This is what we did before. It worked well. The thread became very active. Prices were much higher.  The problem is the fund for the twitter campaign comes from the superfly wallet. Its has about 2100 fly in it. Eventually it will run out. Thats why I was proposing the higher POS rate to keep it stable, but that idea is out.

Vegas
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