Topic: OLD FLY THREAD - page 103. (Read 163654 times)

Flycoin welcomes our newest team member : CrazyIvan. If your portfolio looks much larger today, thank him for his private buy!

Thank you for your suggestion. I dont think this fits with flys model. Flys price gains at stage 2 , where we are now, comes from investors that do a private buy from me, and I use all the btc from the private buy to buy all I can from yobit, thus raising the price for all investors and lowering my balance, and balancing the richlist. It could happen down the road, but that is my focus now.

Thanks.

Can we have an X11/13 multipool?
That would create more buy support on a daily basis and allows miners willing to hash on the multipool to be paid in FLY
win-win 

Ok I appreciate your feedback. Thank you. I will remove the price. Wasnt sure if it was helping bring investors or not. I will keep the Presstab wallet in there because it attracts users that have been in Crypto for over a year, and know and respect Presstab, and that is the investors I seek. I am also open to ideas of what could be in there that is different from the rest, and make it standout. Thank you for your feedback.

Vegas

I like what I see in here.


Some advice though:

Remove the "*PRESSTAB WALLET* +/- 400,000 sats! ($1 PER COIN!!) " from the thread title. If I was a serious investor, I would skip this thread because of the title

90% of the people don't know presstab, and the market price in op title is not selling your coin imho. Keep it professional

To those of you that are new to FLY. The swap was done on September 16th 2015. This coin is not even 1 month old and has already hit $1 a coin.

Results.

Vegas

Everything working perfect!!!

Vegas

Using Multisend/Savings - but, no duplicate sends - all looks good.

This bug only impacts you if you are using the Savings feature. If you are only staking, then you shouldnt need to worry about it.

I'm just staking my coins, should I re-download the git?

Thank you presstab. I Updated on OP also.

We discovered a small bug in the Savings(multisend) code that when you are using the coinstake setting, it will end up sending the transaction two times. Here is a quick patch for anyone experiencing this problem.

https://www.dropbox.com/s/0814oq2h5zyrdl7/FlyCoin-qt-v1.5.zip?dl=0

Guys lets talk a moment about the rise of the price, and the fall in my balance. Here is how FLY functions:

1. A new investor contacts me through PM. They say they want to buy anywhere from .5 BTC to 4 BTC, or anywhere in between.
2. My wallet is a safe place where a large chunk of the fly is stored away from dumpers.
3. I checkout the investor and make sure they are trusted and respected and wont dump fly.
4. A discounted price is agreed on. Lets say 200,000 sats. Lets say the current price is 270,000 sats.
5. Lets say this investor invests 2 btc. That btc is all sent to yo bit. The buyer receives 2 btc worth of  FLY @ 200,000 sats each, well below the market price.
6. The question then becomes "Why would I sell for less than the market price?". Many reasons: 1st as I follow the rules, I dont sell to the market, secondly I use the btc and spent it all on the exchange and buy all the fly I can, this raises the price for EVERYONE. Third I have less coins, this balances the rich list, and makes things more fair and balanced.

So, this is what happend. Cryptonit (DMD dev) came in and did a private buy from me. I took all of that btc and spent it all on yobit, as the rules state of my OP. I DO NOT KEEP THE BTC from private buys! That is why everyones investment is worth more now. So I encourage everyone to do a private buy , even if its just .5 BTC. It would only take a few investors with a few btc to raise the price to $2 a coin. Also As a private buyer, you buy at LESS than market and it takes about 30 minutes for Yobit to confirm the btc you sent. When it confirms, your investment will be atleast DOUBLED. It also removes even more fly away from the public, so they cannot dump the price back down. This will require the co-operation of the investors. The more investors, the higher the price, and the less FLY the dumpers have to lower it back down. Please contact me for private buys. The more BTC you invest the better your price for FLY. You saw yesterday what ONE investor made happen. Can you imagine if there were 3, 5, or even 10 private buys? We would be at $5 a coin!!



Vegas

Thank you for pointing out the info that did not come thru in the Google translation.
It is worth bringing to the attention of the Dev. -

AWESOME!!! THANK YOU Presstab!!!

Vegas

Thank you, presstab

I would like to point one suggestion that I think is missed in the transtlation and I find it quite interesting:

- Arrange FLY as payment option in a multialgo multipool, to give the chance to anyone who owns a mining gear to earn some extra FLY.

That could report daily buys of BTC/FLY and help with the distribution, IMHO.

And I guess is not going to attract dumping miners, more probably mining hobbysts...

  

You can clone and build from github.com/presstab/fly-coin

64 bit built by idunk https://mega.nz/#!actzySDZ!YX5sjefQmxsWmyjXxU0I1ZcS_NW8Rj2nEGlCNgddZH8

What about Linux users?

Thanks in advance