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Topic: FLY COIN ANN.Swapping to "Las Vegas"coin,+Masternodes,Darksend,Stealth, instantX - page 69. (Read 186171 times)

legendary
Activity: 1218
Merit: 1002
Supporting DMD, ERC & PIO
The new wallet works perfectly. You should send another request.
 
legendary
Activity: 1610
Merit: 1003
"Yobit pump alert software" Link in my signature!
I did received my FLY from Cryptopia too (like 2 hours ago).

Thanks Cryptopia for all the hard work you guys putted into this coin.


And why Cryptopia didn't send me my 304FLY ?
http://www.presstab.pw/phpexplorer/FLY/tx.php?tx=75ee68f466d7ce6513703ced3e1d361f990cd73d13e01090316401f6ec111eb0
I ask them for sending me my FLY and this was the aswer: http://imgur.com/lAKqYMV
Regards
DonFreddy

Owner of Cryptopia did say that he would cover all the fly sent to Cryptopia. So Im sure that he will see this message and respond.

vegas
member
Activity: 89
Merit: 10
I did received my FLY from Cryptopia too (like 2 hours ago).

Thanks Cryptopia for all the hard work you guys putted into this coin.


And why Cryptopia didn't send me my 304FLY ?
http://www.presstab.pw/phpexplorer/FLY/tx.php?tx=75ee68f466d7ce6513703ced3e1d361f990cd73d13e01090316401f6ec111eb0
I ask them for sending me my FLY and this was the aswer: http://imgur.com/lAKqYMV
Regards
DonFreddy
legendary
Activity: 1894
Merit: 1001

   how about rewarding long term holders by scaling up the yearly rate:

<1 year @someaddress - 10%
+1   "     "       "           - 15% 
+2 years "       "           - 20% 
+3   "     "       "           - 25% 

then decay all reward amounts by 10x, over some long time, 10 years maybe, so inflation would be in the 1-2.5% range







legendary
Activity: 1610
Merit: 1003
"Yobit pump alert software" Link in my signature!
I've done some promotions for your crypto service:
https://bitcointalksearch.org/topic/m.15197572
~CryptCo

So the next step in the plan is to heavily promote our wallet compiling services. To bring value to fly, we will only accept fly. For those of you not aware, here is what we are offering. Its in the price of btc, and customer must buy equivalent of fly:

We are able to compile for the following platforms:
Windows 32 bit and 64 bit - .06 BTC for either or .12 BTC for both
Mac OS .1 BTC
Rasberry Pi .1 BTC
Android .3 BTC (Includes required backend server hosting, free forever. This electrum server is hosted at our datacenter with our lightning fast 1Gps upload and download speed on our own private fiber optic internet)

SPECIAL NOTES ON ANDROID WALLETS

There are 3 options for android wallets we can compile, and its important to know the differences. There are pros and cons to each.

OPTION 1:

We can create a typical android wallet that is lightweight and works well even on older android based phones. This is the "Lightweight,NON staking version". It does not stake (POS) and it does NOT store its blockchain on the phone. Making it lightweight and fast. Cost is .3 btc (Non negotiable).

OPTION 2:


We can also create the second kind of Android wallet that is better suited for much newer and more powerful phones like the Samsung Galaxy S4 or S5.
This version acts almost identical to the desktop version where it DOES have the blockchain stored on the phone, and it can stake blocks.
This kind of wallet does NOT require any kind of server and runs completely from the phone. The downside is it will drain the battery on the phone at a much more rapid rate, and it will produce more heat.
I cant tell you to what extent this version will drain the battery, or how much extra heat will be created, because each phone will react differently, so please dont ask. Cost is 1 btc, non negotiable. Paid upfront.

OPTION 3:

There is a third option which is the best option and that is to have us create BOTH. That way your user can download the staking version and see how it reacts with their phone.
If it drains the battery too fast, they can download the "Lite" version that does not stake. Cost for both is 1.2 BTC. Paid upfront, non negotiable.

With our powerful data center and lightning fast internet we are able to offer the fastest seed nodes and Block explorers in the world!! Here is the prices for seed nodes and block explorers :


6 months of block explorer .06 BTC
12 months of block explorer .1 BTC FLY
6 months of seed nodes .06 BTC
12 months of seed nodes .1 BTC


Purchase of both seed nodes and block explorer for 6 months costs: .9 BTC

Purchase of both seed nodes and block explorer for 12 months costs: .15 BTC

As we have 3 full time very talented devs, there are many other services that we offer. We also have 2 extremely talented graphics artists that can give your wallet a new look.

We can also code custom UI and custom graphics for your wallet. Custom graphics for your wallet will be accepted in the form of btc only and is at the cost of .5 btc - 1 btc depending on your needs. 1btc is the extreme UI change (SEE XDE2 wallet):


THANK YOU!!!!!!!!!!!
hero member
Activity: 655
Merit: 500
BXT BitToken - No premine - Fair launch
I've done some promotions for your crypto service:
https://bitcointalksearch.org/topic/m.15197572
~CryptCo

So the next step in the plan is to heavily promote our wallet compiling services. To bring value to fly, we will only accept fly. For those of you not aware, here is what we are offering. Its in the price of btc, and customer must buy equivalent of fly:

We are able to compile for the following platforms:
Windows 32 bit and 64 bit - .06 BTC for either or .12 BTC for both
Mac OS .1 BTC
Rasberry Pi .1 BTC
Android .3 BTC (Includes required backend server hosting, free forever. This electrum server is hosted at our datacenter with our lightning fast 1Gps upload and download speed on our own private fiber optic internet)

SPECIAL NOTES ON ANDROID WALLETS

There are 3 options for android wallets we can compile, and its important to know the differences. There are pros and cons to each.

OPTION 1:

We can create a typical android wallet that is lightweight and works well even on older android based phones. This is the "Lightweight,NON staking version". It does not stake (POS) and it does NOT store its blockchain on the phone. Making it lightweight and fast. Cost is .3 btc (Non negotiable).

OPTION 2:


We can also create the second kind of Android wallet that is better suited for much newer and more powerful phones like the Samsung Galaxy S4 or S5.
This version acts almost identical to the desktop version where it DOES have the blockchain stored on the phone, and it can stake blocks.
This kind of wallet does NOT require any kind of server and runs completely from the phone. The downside is it will drain the battery on the phone at a much more rapid rate, and it will produce more heat.
I cant tell you to what extent this version will drain the battery, or how much extra heat will be created, because each phone will react differently, so please dont ask. Cost is 1 btc, non negotiable. Paid upfront.

OPTION 3:

There is a third option which is the best option and that is to have us create BOTH. That way your user can download the staking version and see how it reacts with their phone.
If it drains the battery too fast, they can download the "Lite" version that does not stake. Cost for both is 1.2 BTC. Paid upfront, non negotiable.

With our powerful data center and lightning fast internet we are able to offer the fastest seed nodes and Block explorers in the world!! Here is the prices for seed nodes and block explorers :


6 months of block explorer .06 BTC
12 months of block explorer .1 BTC FLY
6 months of seed nodes .06 BTC
12 months of seed nodes .1 BTC


Purchase of both seed nodes and block explorer for 6 months costs: .9 BTC

Purchase of both seed nodes and block explorer for 12 months costs: .15 BTC

As we have 3 full time very talented devs, there are many other services that we offer. We also have 2 extremely talented graphics artists that can give your wallet a new look.

We can also code custom UI and custom graphics for your wallet. Custom graphics for your wallet will be accepted in the form of btc only and is at the cost of .5 btc - 1 btc depending on your needs. 1btc is the extreme UI change (SEE XDE2 wallet):

legendary
Activity: 1610
Merit: 1003
"Yobit pump alert software" Link in my signature!
Guys I do agree with some great feedback.  I like what I see. What I see is people well versed it crytpo. They see that a very high interest rate is a very bad thing as the coin will certainly self implode like the rest have. For me its a balance act.  I felt that if the interest rate was too low, it would either not attract new users, or the existing users would no longer be interested. Im finding now that this is the opposite. Ive known for over a year that very high POS coin always end up worthless as they self implode due to inflation. So, I am all for setting a max interest rate for "FLOCKING" (HODL) coins at 40%. I will also drastically lower the min on the high side to allow more people in. With regards to the standard POSP rate. What do you guys think it should be? Keeping in mind that more coins = more inflation = less price per coin. But also a VERY low interest rate I am quite sure will detract new people coming in, or the existing ones exit. I feel the standard POSP rate should be between 10%-20%. This is where I need more feedback. Thank you to those that took the time and wrote feedback on this.

Also note we have studied extensively the HODL code. This will not be implemented any time soon. Here is why.

1. HODL code is written on bitcoin 12.x core, which is NOT compatible with out legacy code.
2. HODL code is POW as there is NO POS coins for bitcoin core 12.x

So what this means is we have to wait until someone writes a POS code for bitcoin core 12.x

Even then we have a challenge as our bitcoin core code is very old.

So as I have kept you in the loop. This is were we are at. We are going to focus more heavily on selling our crypto services in exchange for fly until we can come up with a safe solution for addind HODL.

Vegas
legendary
Activity: 1281
Merit: 1003
can i ask something ?

as i notice fly get fast back on yobit, so it s mean  you have good communication with yobit ?

if i can ask some help to get HBN on yobit ?

i try a few month ago to add it with  0.1 btc yobitcode
look like blacksmith accepted  he told me gonna listed in a few days
but few days later i ask news, he told me blockchain was still sync, (it s actualy very slow and big to sync) and later when i ask news in chat or ticket i get ignore
so after more than 1 month trying i decide to get my yobitcode back

but HBN need to be on yobit, cryptopia is not enough  Angry
legendary
Activity: 1894
Merit: 1001

  i think we should establish an all-time emmissions cap. currently: "moneysupply" : 210,321.09579094,, so maybe half a mil? in three years? then we can derive PoS and HODL outputs ...

and after this three years, paid by fees?



 well, after emissions are complete, PoSP and HODL can continue, at a rate equal to tx fees, while the fees themselves are destroyed

prolly some small inflation should be included though, to make up for accidental loss/destruction, and/or just to keep things interesting...:/
legendary
Activity: 1106
Merit: 1004
No risk, no fun!

  i think we should establish an all-time emmissions cap. currently: "moneysupply" : 210,321.09579094,, so maybe half a mil? in three years? then we can derive PoS and HODL outputs ...

and after this three years, paid by fees?

sr. member
Activity: 1624
Merit: 250
Hello people, what do you think is going to happen with hodl after a year?

An inflation problem?
My friend this is FLY thread, but i don't think so. HODL is having problem right now, You don't need to wait year  Cool
member
Activity: 91
Merit: 10
Hello people, what do you think is going to happen with hodl after a year?

An inflation problem?
legendary
Activity: 1894
Merit: 1001

  i think we should establish an all-time emmissions cap. currently: "moneysupply" : 210,321.09579094,, so maybe half a mil? in three years? then we can derive PoS and HODL outputs ...
sr. member
Activity: 1624
Merit: 250
If returns go up to 75% I will not take this coin seriously.

I think (sometimes i do, but it hurts a lot), 35% should be your maximum return at 12 months, to build the reputation of the coin.  If you are attracting more investors for long term maybe 50% but that is a stretch for acceptance as a reputable coin.  The current coin distribution is very top heavy, and will not attract new investors if they have no hope in climbing faster that the top bag holders.

Since FLY is still a low volume high risk coin, the minimum should be around 10% for the funds not locked in.  The locked-in coins should reward the 'hodl'ers more rewards for holding, but at rates distributed in relation to the risk/reward without going into scam coin (>50%) territory.  This is usually a nonlinear ratio, of returns but you have added a 3rd order operation by including the min qty of coin, that only the top 5 wallets can even attempt.  So the current interest map excludes most of your investor base, and the top wallets can generate more coins, leaving the large base of 'investors' further behind and powerless.

That's my worthless and free opinion.

At second look, this is quite reasonable comment. I d probably go up to 50% as well as a maximum reward. Above that could be very risky. After all, look what happened to all these high inflation coins like Tek or Hyp, big time bust. If we re about to keep Fly rare and desirable, there should be as few coins as possible around.
IMO for longterm even 50% is very high. I agree with midnight_miner , 35% should be max to keep coin as rare as it's possible, but that's only my opinion Smiley
Holding coins for 12M is risky, but Fly is longterm project so it will be worth it anyway.

BTW You are doing great job Vegas! Cool
legendary
Activity: 1652
Merit: 1007
DMD Diamond Making Money 4+ years! Join us!
If returns go up to 75% I will not take this coin seriously.

I think (sometimes i do, but it hurts a lot), 35% should be your maximum return at 12 months, to build the reputation of the coin.  If you are attracting more investors for long term maybe 50% but that is a stretch for acceptance as a reputable coin.  The current coin distribution is very top heavy, and will not attract new investors if they have no hope in climbing faster that the top bag holders.

Since FLY is still a low volume high risk coin, the minimum should be around 10% for the funds not locked in.  The locked-in coins should reward the 'hodl'ers more rewards for holding, but at rates distributed in relation to the risk/reward without going into scam coin (>50%) territory.  This is usually a nonlinear ratio, of returns but you have added a 3rd order operation by including the min qty of coin, that only the top 5 wallets can even attempt.  So the current interest map excludes most of your investor base, and the top wallets can generate more coins, leaving the large base of 'investors' further behind and powerless.

That's my worthless and free opinion.

At second look, this is quite reasonable comment. I d probably go up to 50% as well as a maximum reward. Above that could be very risky. After all, look what happened to all these high inflation coins like Tek or Hyp, big time bust. If we re about to keep Fly rare and desirable, there should be as few coins as possible around.
legendary
Activity: 1218
Merit: 1002
Supporting DMD, ERC & PIO
If returns go up to 75% I will not take this coin seriously.

I think (sometimes i do, but it hurts a lot), 35% should be your maximum return at 12 months, to build the reputation of the coin.  If you are attracting more investors for long term maybe 50% but that is a stretch for acceptance as a reputable coin.  The current coin distribution is very top heavy, and will not attract new investors if they have no hope in climbing faster that the top bag holders.

Since FLY is still a low volume high risk coin, the minimum should be around 10% for the funds not locked in.  The locked-in coins should reward the 'hodl'ers more rewards for holding, but at rates distributed in relation to the risk/reward without going into scam coin (>50%) territory.  This is usually a nonlinear ratio, of returns but you have added a 3rd order operation by including the min qty of coin, that only the top 5 wallets can even attempt.  So the current interest map excludes most of your investor base, and the top wallets can generate more coins, leaving the large base of 'investors' further behind and powerless.

That's my worthless and free opinion.

Great comments. I see your point. Perhaps the minimums need adjustment. One of the teams
thoughts was that the lockup would allow holders to earn more and the team would keep
open for POS to keep the chain moving since, we are holding anyhow.
legendary
Activity: 1218
Merit: 1002
Supporting DMD, ERC & PIO
I was early into HODL. I think the CD lockup feature is exciting.
I feel that what Vegas is doing here is an improvement. The
minimum requirement for higher POS rates should encourage buying
and while the POS% is in a reasonable range.

Well thought out IMO - looking forward to community suggestions.
hero member
Activity: 661
Merit: 500
We only want the FACTS!
If returns go up to 75% I will not take this coin seriously.

I think (sometimes i do, but it hurts a lot), 35% should be your maximum return at 12 months, to build the reputation of the coin.  If you are attracting more investors for long term maybe 50% but that is a stretch for acceptance as a reputable coin.  The current coin distribution is very top heavy, and will not attract new investors if they have no hope in climbing faster that the top bag holders.

Since FLY is still a low volume high risk coin, the minimum should be around 10% for the funds not locked in.  The locked-in coins should reward the 'hodl'ers more rewards for holding, but at rates distributed in relation to the risk/reward without going into scam coin (>50%) territory.  This is usually a nonlinear ratio, of returns but you have added a 3rd order operation by including the min qty of coin, that only the top 5 wallets can even attempt.  So the current interest map excludes most of your investor base, and the top wallets can generate more coins, leaving the large base of 'investors' further behind and powerless.

That's my worthless and free opinion.
legendary
Activity: 1504
Merit: 1002
This is a rough draft table that we have put together. I want to discuss it and change it if you feel something needs to be changed for the next few weeks, until we can all decide and what we want.

Here are my reasons for the table presented:

1. The goal is to get as many coins locked away for the longest periods. The reason is less on the exchange on the sell side. LESS coins "in the wild" coupled with demand equals higher prices. The demand will come from those that want the higher interest rates of fly. They will need more fly to qualify for the higher rates. Here is the good news. There is not even close to enough fly to go around. So a very tiny few will have the luxury of the very high interest rates, protecting inflation. There will also be many choices. I dont want everyones locked coins to mature at the same time, so thats why I created many options. All of this is up for discussion. Keep in mind the higher interest rates available to more people the more coins in circulation, and the coins YOU have will be worth less. Also if your planning on participating in HODL and you dont have the min required for the term you want, now would be a great time to put buy orders in or outright buy the coins, as I believe on this news the price will rise with buying pressure from those getting ready to have their minim ready for the release. So, thats something to keep in mind. Also the % shown that you lock for will compound every single day , just as if it was unlocked. Like HODL it will show you the compounded balance as it changes in real time. Some people look at the richlist and see myself as a massive holder of my own coins and see this as a threat. Its ONLY a threat when you dont know who that holder is AND its a short term coin they plan to dump on you 1 month after release. The fact that I am STILL buying more of my own coins when I already have a massive amount should tell you a WHOLE lot. Im buying daily, and have NEVER sold. There is a message hidden in there Smiley Ok its not so hidden. It means, I would be crazy to leave that massive amount behind and abandon my project. So your stuck with me. I cant and wont be going anywhere. Its there to PROVE my faith in this project. I also know as time goes on, the price will only go up at a steady , healthy pace on its own, naturally. The day will come when I do slowly start selling, and it will ALWAYS be listed on the sell side in moderate amounts over a long period, and it will never be used to hurt the price. Yes, I have invested an enormous amount of my own money into this, but I have even invested more time than money. I would never desecrate the work that myself and team fly have put into this project for the past year. Notice the top 3 holders also do not sell. Do they know something, you dont? Wink



Here is an actual screen shot of the HODL coin. Notice the table at the bottom thats filled with important data. Ours will have the same data, so youll have all the details you would ever want to know in real time.



Guys if its not clear already. Look at my ACTIONS. Ive been here working every day relentlessly on making fly the best it can ever be. As the project ages, it will become more popular as people will realize the short term pump and dump, newbie dev crap, is 1 winner (newbie runaway dev), and the rest all eat losses. My promise and oath to you, is I will never do anything to purposefully hurt you, or break your trust.



Vegas

Very interesting - you could almost set this up like a CD ladder.  Where new income is coming in every month!  At least that is how I see it working?  Correct me if I am wrong.
legendary
Activity: 1894
Merit: 1001

  
Quote from: vegasguy


                     what is the schedule for the PoSP staking rate?
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