Topic: OLD FLY THREAD - page 25. (Read 163670 times)

AWESOME!! YOU GET IT!!!! RARE AND SCARCE!! Thats what fly is all about. People said I was nuts when I said it was going to be listed on only one exchange, and a small exchange at that. But you get it!!

Thank you

Vegas

I didn't mean to sound brusque or anything ... I am pretty busy on another development project and didn't feel I'd be able to give the attention to this project it needed. I wish you guys all the luck, the community is pretty open and nice here.  

If however you guys hire bug testers down the road, I will be glad to assist in that area. I have plenty of spare boxes for that sort of thing.

As for the exchange thing, people put way too much effort into that part of things too soon in many case, and that is what leads to failure. Taking the time to build the platform before throwing it out there is good. I'd like to see something actually rare and scarce that isn't listed on every toilet of an exchange out there today.

Im not the first visionary to be called crazy. -Vegasguy

Some people just like simple. Me too in most cases. But I think the cryptoworld was ready for something new and completely different. I mean we already have 1500 coins that are identical (except for the name). So FLY is a completely different choice. However because its so radical, and the code is so different , it has its challenges. Code is being worked on every day, including right now as we speak. We realize the exchange has been down, and I dont take this lightly. So we are working to get this going as fast as possible. Have you also noticed that almost every other crypto has become worthless? I mean 10,000 sats is the new moon in crypto. FLY is solid as a rock at 200,000 sats. So based on this fact, I would say Crypto IS ready for a change, and that change is called FLY. Also when FLY does become the new rage, other devs wont be able to copy it. Ive offered to pay btc to hire additional devs to work on the code. 10 of them said they would. Only 2 agreed. The rest wouldn't touch it. SO that tells me even in an open source world, there wont be another FLY. Keeping it rare and scarce , and prices high

Thanks
Vegas

massive investment?  hahahaha
value? HAHAHAHAHA

Funny enough I read this and immediately thought of the unobtanium thread. Same 5-6 people building vaporware.

As for FLY I have just been reading since I first spoke to community members. A little too gargantuan for my taste, I follow the KISS philosophy in development.

Wait and see I guess.

massive investment?  hahahaha
value? HAHAHAHAHA

this piece of shit has ALREADY failed you retard.  

no volume + no market support + no adoption = fucking failure

keep pushing your shitcoin.  the 5 people who post in this thread really appreciate it.  

sheep.

Great question. Almost all of us dont sell. We want to keep this coin as difficult to acquire as possible, so we reinest our stakes. The reason why the top hold almost all of the coins is to protect the coins. We dont sell. Also in the near future, there will be an "auto burn" feature that burns a percentage of each transaction and shows in the money supply in real time. Also ALL of us bought our FLY, and continue to. I sold all of everything I acquired for 1.5 years in crypto to buy the largest amount of FLY because I knew it would best the greatest Crypto EVER. So its all fair. Also with my massive investment, it WONT fail. I wont let it.



Also I started with 58,000 coins. I sold about  15,000 coins to those that had none for 50% of the market price to distribute the wealth and balance the richlist. I would only sell to those I knew and trust and made everything public. The list of private sales is on the OP, you have my full permission to contact any of them and verify what I just said. These sales were not made before the coin was released, but much AFTER the coin was released and the value was clearly known.  


Vegas

vegas wants that option in the wallet so people will be able to sell the profits of the coins that they stake but the general funds they hold they arent able to sell without paying fees. so people can still make profit from the coin but it doesnt result in a lot of dumping.

its currently in the wallet already

Im good with either system, but there must be a way for users to "trickle" their profits to the exchange to sell. I dont want the whole system locked where no one can sell profits over the years. At the same time I dont want the door wide open to dump it all. Thats why I came up with "stake to exchange", because its free, and its slows the rate at which users can upload their coins.

Vegas

vegas wants that option in the wallet so people will be able to sell the profits of the coins that they stake but the general funds they hold they arent able to sell without paying fees. so people can still make profit from the coin but it doesnt result in a lot of dumping.

its currently in the wallet already

That is the decision Team fly needs to make,
IMO that defeat's the antidumping fee, better to leave it.
Adjust the fee structure to keep the amounts small that move out of the staking address , otherwise you just put a gaping hole in the antidumping fee defenses, and if you do so what is the point in having an antidumping fee at all. Because if you don't make the antidumping fee firm, then you can just forget the hold thing and its is a regular coin, without bothering with the extra changes.

Basically if there is a loophole, there is no point in doing it with a fee, as everyone will use the loophole to bypass the fee. 


 

I would just make one change to this.  In order to sell our stakes we should be able to stake into our non-staking address for free.  That is the whole point of spreading the coins around.  Never touching the original amount and staking/selling on the exchange.

I would just make one change to this.  In order to sell our stakes we should be able to stake into our non-staking address for free.  That is the whole point of spreading the coins around.  Never touching the original amount and staking/selling on the exchange.

OK ,

Refer to the addresses as staking or non-staking instead of normal, it will avoid confusion.

In my idea there are 2 type address,
Staking Address & Non-Staking Address

If I have 1000 coins in my staking address and send out to the exchange or even another address staking or non-staking, then the antidumping fee is charged as the transaction fee and sent to the Superflywallet.

If I have 1000 coins in my non-staking address , I can send to the exchange or even another address staking or non-staking , with no antidumping fees charged.
This also allows me to make a paper wallet without the fees.
or If an exchange to the cold wallet without fees.

What you need to realize is , I only pay antidumping fees when sending out from the staking address.

As far as the 1000 coins in the non-staking address , none were created there, I had to buy them on the exchange , if so it is no different , than if I had purchased 1000 coin on the exchange and let them sit, and just sold whenever the price went higher.
FYI: The antidumping fee has no effect in any version , if I just leave the coins on the exchange and sell/dump later, nothing can stop this if you allow an exchange.

If I staked the 1000 coins in my staking address and send them to my non-staking address in my own wallet, I am charge the antidumping fees,  But if I then send those coins from that non-staking address to the exchange, I am not being hit with the antidumping fee twice.

Clear?
 

FYI:
The antidumping fee only stop someone from staking and dumping all of the excess coins while keeping their principle amount.
When coins are stored in the non-staking address, they do not gain interest and when I sell , I lose that amount , and can not sell/dump continuously.

PM keesdewit to claim your address on the richlist.

Edit

This is the previous method But i would assume you would still have to do some variation of these insructions, minus the presstab stuff..

Oh so anyone who owns between 100 to 5000 FLY is eligible for getting rewarded but only if they contribute actively with FLY and spread the word and such?  So another question I had was when I get my wallet going with 100 FLY how do I let the community or the team know that I have that amount and get started with the reward eligibility?

Steps to claim address:
1. Go to address claim  http://www.presstab.pw/phpexplorer/FLY/claim.php
    On the explorer page you will see 3 boxes to fill in

2. Copy address from wallet and paste in address claim box marked "Address"
     In your wallet go to the Receive page and type a lable in for the Main wallet    
      Something like "Main" so you never get confused which address is Main vs. POS
      Lable your POS address "POS" (Labling not part of the process but a good practice)

3. Type Name in Address claim box marked "Name" - Use your bitcointalk name
          
4. In your wallet - on receive page - highlight the Main Address and click Sign message at the bottom right

5. A box will open showing the address at the top - under the address is the open space
        Type the Name you used to claim exactly as it is on the Claim name page of the explorer
        Same Punctuation, Caps, etc. - best to just copy and paste.

6. Click sign message box - a box will open to put in your password (if you have one - please encrypt wallet and have one)

7. When you enter your password - a box fills in on the botom of the page with a long string of numbers and letters
   Copy this and paste into the "proof of ownership" box on the claim name page - click "Submit"

8. If it does not work - make sure each step was done carefully.
    If it still does not work PM me and we can arrange a time to walk through the process

You have to actively spread the word. Social media, the forum,, ect. contribute here and there and you are rewarded for it. Its on a weekly basis so if you miss/skip a week you lose eligibility regardless of how much you own.