Topic: Footy Cash (FOOT) | CoinSwap |Decentralized Fantasy Sports - page 45. (Read 66766 times)

Oh, and the price of Bitcoin is dropping and will continue to drop until the August 1st Segwit activation takes place.


While Bitcoin is dropping, FootyCash is actually gaining value daily.  FootyCash is a great store of value to weather this storm.

For those who are new to Footy Cash (FOOT),

FootyCash has seen a meteoric rise in valuation for the past month; with a price increase of more than 5000% on multiple exchanges.

https://www.cryptopia.co.nz/Exchange/?market=FOOT_BTC#

https://bitcointalksearch.org/topic/footy-cash-foot-coinswap-decentralized-fantasy-sports-1374929



Here is why I think FootyCash is a great cryptocurrency:

1. Footy has Rarity - Only 4 million coins total can exist.  There is a small POS inflation rate - about 3% annually (for staked coins only).
How many of you can say like the Winklevoss twins - that you own whole percentages of a cryptocurrency.  
Looking the current price of FootyCash you actually might be able to!

2. Footy is the first Fantasy Sports Crypotocurrency ever made. - Footy is the Bitcoin of Fantasy Sports!

3. Fantasy Sports is a multi-billion dollar industry - with tens of billions of dollars in annual revenue just for Fantasy Football alone!  If you count all the illegal gambling the figure goes much higher - maybe hundreds of billions? (not that I am condoning illegal gambling - but it's a fact of reality that must be considered anyway).

4. Coinmarketcap list just under 900 altcoins; of those listed only a  small percentage of altcoins have a cap of less than 4 million total coin.  Every coin on coinmarketcap with a rarity of less than 7 million total coins produced are all worth more than $2.00 USD - with the exception of Dreamcoin (because of YOBIT) and FOOTY CASH (which is currently undergoing a price correction: 5000% increase in the past month alone.)

5. The coin was greatly undervalued because of unawareness of the Footy cryptocurrency and Fantasy Sports as well.  As more and more people become aware of its value the price will continue to rise.

6. FootyCash has a great developer, active development, and the best community support!

7. FootyCash has a promising roadmap and is currently developing Masternodes for the next release.

8.  The name FootyCash may sound funny but "Footy Cash" is an actual English term (apparently):  

     https://www.power100.com.au/news/local-news/81959-footy-cash-to-go-to-good-friday-appeal
     and
     http://www.heraldsun.com.au/ipad/california-club-brothel-sues-in-footy-cash-feud/news-story/bd77f7d397a34a067342a113b5bfa5d8

9. DraftKings, FanDuel, and other Fantasy Sports companies are getting the legislative green light to operate in most U.S States and other countries as well.  

    When these companies decide to follow the trend of most corporations and switch to blockchain technology - I guarantee you that they will take a hard look at FootyCash first!



 

My FootyCash Windows 10 client connections are fine now.  I can now connect up to 18 nodes at a time.

Here is a copy of my FootyCash.conf file located in

C:\Users\\AppData\Roaming\FootyCash


addnode=92.37.24.216
addnode=2.222.104.90
addnode=37.219.132.4
addnode=51.254.45.117
addnode=145.132.98.223
addnode=1.165.92.68
addnode=121.44.126.139
addnode=71.50.82.240
addnode=104.192.102.188
addnode=144.76.71.141
addnode=188.235.161.69
addnode=94.250.146.187
addnode=124.190.225.227
addnode=173.208.164.34
addnode=80.112.167.119
addnode=174.109.28.225
addnode=92.37.24.216
addnode=seed.footycash.com

You are absolutely right.  Silly me!

There are only 4 Million total FootyCash coins.

Yes, all coins are not being staked at all times, so the inflation rate would be much much lower.

I didn't do the math, but you are assuming all coins are being staked at all times.  The coin will remain a low supply with low inflation.  I wouldn't worry about that. 

We are currently testing the code, so nothing is set in stone.  There won't be any significant change made to the supply.

If masternode are added it would be weird that the supply does not increase with it.

Thank you,

There is also the annual 3% POS stake which adds coins - at a rate of approx 120,000 coins per year, or about 330 coins per day, if I am not mistaken.

The coin supply will continue to remain low as initially intended.  We are currently testing the masternodes and will provide updates to the community as things develop.

The dev did not say anything about adding additional coins.

Allowing Masternodes has nothing to do with the number of total coins.  

A fork would be required to do that; and I don't think a lot of people in the community would take kindly to their investments being "watered down".

I don't think large holders of the FootyCash currency would switch to a new fork if it involved adding new coins.  It would unwise to add additional coins.

I just bought some more.  This might be my favorite coin right now.  Super cheap for what is being developed.  Keep up the good work!

We have a lot of big things on the horizon, so it might not be this cheap much longer

anw I'm waiting for ETH to regain a bit of value to exchange for FOOT....will see how it goes.

stop buying pls....I want to get it cheap

We will be having a signature campaign in the next couple weeks.  Until then we have bounties for blog/article posts on your own website, blog, or STEEMIT.

You can also post a YouTube video about Footy Cash.

If anyone is interested in doing any of these, pm me.  More advertising for the coin will certainly be beneficial!

any bounty

I don't want to be mistaken for a dev.  

edit; I'm not a full member...lol...ah this stolen account....

Any full members that would like to show their support for Footy Cash can add it as their avatar here:

http://imgur.com/gallery/ctzMjQs

There is no guarantee that masternodes will increase value of the coin, and I would prefer to generally stay away from talking about price as the developer.

Some of the benefits of MN's were listed in that same post.  Notably it would help secure the network, give incentives for people to buy and hold their coins, and allow the community to vote on proposals for Footy Cash. 

Our goal is to build a strong community, and a big part of that is listening to what everyone has to say and creating dialogue to establish the best possible approach to implement the vision.

Good question.  We are working out the exact parameters of the masternodes and will update the community when that has been finalized. 

Quick question, how would masternodes increase value and help expand the community?