Bitcoin Forum

Alternate cryptocurrencies => Marketplace (Altcoins) => Topic started by: atleticofa on March 09, 2014, 08:58:30 PM



Title: [WTS/WTB] FlutterCoin (FLT) TRADING BEGIN for first POB coin.
Post by: atleticofa on March 09, 2014, 08:58:30 PM
Fluttercoin

The first Proof-of-block coin
https://bitcointalk.org/index.php?topic=499126

Let's trade!


Title: Re: [WTS/WTB] FlutterCoin (FLT) TRADING BEGIN for first POB coin.
Post by: atleticofa on March 09, 2014, 09:01:01 PM
First offer here.  :D


WTS 120K Fluttercoins

0.01 for each 1750 Flutter




Reputation: https://bitcointalk.org/index.php?topic=426228.new
https://bitcointalk.org/index.php?action=trust;u=161675


Title: Re: [WTS/WTB] FlutterCoin (FLT) TRADING BEGIN for first POB coin.
Post by: tendend on March 09, 2014, 09:15:50 PM
Selling 100k flt, 0.5 btc for all.


Title: Re: [WTS/WTB] FlutterCoin (FLT) TRADING BEGIN for first POB coin.
Post by: DaFockBro on March 10, 2014, 12:40:47 AM
My starting offer is 0.5 BTC for 1,000,000 FLT.


Keep in mind that there is currently inflation of about 5,500,000 FLT per day for the first year of mining.

In two month's time there will be about 330,000,000 FLT in circulation.

My price of .00000050 BTC/FLT would put the market cap at 330 BTC in two months.

http://coinmarketcap.com/#BTC

I believe this is a fair market cap evaluation compared to the other coins on the list.


Title: Re: [WTS/WTB] FlutterCoin (FLT) TRADING BEGIN for first POB coin.
Post by: LoveMyEvo on March 10, 2014, 01:32:41 AM
WTS 225k. Offer me a price.


Title: Re: [WTS/WTB] FlutterCoin (FLT) TRADING BEGIN for first POB coin.
Post by: afxxx on March 10, 2014, 04:39:19 AM
WTS 110K, pm me offers


Title: Re: [WTS/WTB] FlutterCoin (FLT) TRADING BEGIN for first POB coin.
Post by: coolisbad on March 10, 2014, 03:48:43 PM
My starting offer is 0.5 BTC for 1,000,000 FLT.

Keep in mind that there is currently inflation of about 5,500,000 FLT per day for the first year of mining.
In two month's time there will be about 330,000,000 FLT in circulation.
My price of .00000050 BTC/FLT would put the market cap at 330 BTC in two months.
http://coinmarketcap.com/#BTC

I believe this is a fair market cap evaluation compared to the other coins on the list.

You, sir, seem to have missed the argument towards why your offer is between 1/7 and 1/10 of the real market value.
Here, I'll post it again, for your convenince.

I'm looking to buy up to 1 BTC worth of Fluttercoin for 0.00000050 BTC/FLT.
I believe this is a fair valuation, based on the ~5,500,000 FLT inflation per day in the first year of mining.


That price is between 1/7 and 1/10 of the fair value. :) For that amount, it may not even be worth the electricity it in some places.
Let's do some calculations.

If you look at this:
http://pool.webcoin.us/flt/statistics/pool
you will see that right now you can make around 2750 FLT / MHs / day, and that is going down as the diff rises.
At your price that would be around 0.001375 BTC / MHs / day or $0.80 / Mhs / day.

Now go HERE (http://www.coinwarz.com/cryptocurrency/?sha256HashRate=1000.00&sha256Power=500.00&sha256PowerCost=0.1000&scryptHashRate=1024.00&scryptPower=0.00&scryptPowerCost=0.1200&sha256Check=false&scryptCheck=true&e=Vircurex) and see what are the going rates / Mhs / day for other scrypt coins.

As you can see, the decent coins with no innovation range between $5 an $7 /Mhs / day (not counting the electricity). Note: this may vary from the time of my post.

This one has the benefit of being an innovative coin with a dedicated dev. I would value it right now at around $8 - $10 / Mhs / day, meaning 500 sat, ten times more than what you offered. Of course, that is if I would want to sell. But since this coin is Proof of Stake (variable with coin age) I think I'll hold my early mined coins for a while, unless I'm offered around double the going rate for normal scrypt coins.



Title: Re: [WTS/WTB] FlutterCoin (FLT) TRADING BEGIN for first POB coin.
Post by: utanapisztim on March 10, 2014, 04:56:28 PM
1 mil for sell, only normal offerts on pm will be accepted.


Title: Re: [WTS/WTB] FlutterCoin (FLT) TRADING BEGIN for first POB coin.
Post by: Sapphire on March 11, 2014, 09:43:30 AM
Hi guys!
Real market value? Hm... What market value are you talking about if there are no buyers here yet?

I'll BUY 200k FLT for 0.1 BTC.


Title: Re: [WTS/WTB] FlutterCoin (FLT) TRADING BEGIN for first POB coin.
Post by: coolisbad on March 11, 2014, 09:53:11 AM
I'll BUY 200k FLT for 0.1 BTC.

But of course you will, dear. http://youtu.be/1lw2DdPPmPI?t=7s


http://mkerala.com/u/di/TJJR/komedi_1394535528223_146.gif


Title: Re: [WTS/WTB] FlutterCoin (FLT) TRADING BEGIN for first POB coin.
Post by: tic-tac-totoro on March 11, 2014, 12:20:23 PM
WTS 100k for 0.075BTC


Title: Re: [WTS/WTB] FlutterCoin (FLT) TRADING BEGIN for first POB coin.
Post by: setinstone on March 11, 2014, 03:22:06 PM
wts 150k flutter pm offers will sell in smaller amounts if needed


Title: Re: [WTS/WTB] FlutterCoin (FLT) TRADING BEGIN for first POB coin.
Post by: Gelbstich on March 11, 2014, 06:30:30 PM
My starting offer is 0.5 BTC for 1,000,000 FLT.


Keep in mind that there is currently inflation of about 5,500,000 FLT per day for the first year of mining.

In two month's time there will be about 330,000,000 FLT in circulation.

My price of .00000050 BTC/FLT would put the market cap at 330 BTC in two months.

http://coinmarketcap.com/#BTC

I believe this is a fair market cap evaluation compared to the other coins on the list.

Why should there be 5,500,500 new FLT per day? Each block generates 500 to 5000 coins, so the middlevalue is 2.750 FLT per block. 1 block per minute so (2.750*60=) 165.000 FLT per hour and (165.000*24=) 3.960.000 FLT per day. Not 5.5 million. As no one else has stated this before I thought this might be interesting.


Title: Re: [WTS/WTB] FlutterCoin (FLT) TRADING BEGIN for first POB coin.
Post by: DaFockBro on March 11, 2014, 06:49:45 PM
My starting offer is 0.5 BTC for 1,000,000 FLT.


Keep in mind that there is currently inflation of about 5,500,000 FLT per day for the first year of mining.

In two month's time there will be about 330,000,000 FLT in circulation.

My price of .00000050 BTC/FLT would put the market cap at 330 BTC in two months.

http://coinmarketcap.com/#BTC

I believe this is a fair market cap evaluation compared to the other coins on the list.

Why should there be 5,500,500 new FLT per day? Each block generates 500 to 5000 coins, so the middlevalue is 2.750 FLT per block. 1 block per minute so (2.750*60=) 165.000 FLT per hour and (165.000*24=) 3.960.000 FLT per day. Not 5.5 million. As no one else has stated this before I thought this might be interesting.

Thank you for correcting my math.  3,960,000 FLT per day is still a lot of inflation.

This means there will be roughly 237,600,000 FLT in circulation in less than two month's time.



With that being said, I'm offering .00000050 BTC/FLT.

I'm looking to buy up to 2 million FLT. 

Please PM me if you want to trade.


Title: Re: [WTS/WTB] FlutterCoin (FLT) TRADING BEGIN for first POB coin.
Post by: Gunther on March 11, 2014, 09:38:05 PM
So, the price is yet to decide  ;D


Title: Re: [WTS/WTB] FlutterCoin (FLT) TRADING BEGIN for first POB coin.
Post by: saydings on March 11, 2014, 11:27:54 PM
WTS 2mn FLT for 1.2 BTC


Title: Re: [WTS/WTB] FlutterCoin (FLT) TRADING BEGIN for first POB coin.
Post by: hmachado on March 12, 2014, 12:50:45 AM
WTS 2mn FLT for 1.2 BTC

Im interested.
Post ur add so we can see u have them.


Title: Re: [WTS/WTB] FlutterCoin (FLT) TRADING BEGIN for first POB coin.
Post by: drmavis on March 12, 2014, 03:14:21 AM
WTS 100,000 FLT for 0.1 BTC

Can go through escrow or break into smaller sales chunks to ensure honest trade.

My FLT address for verification: F9oUE3KjrsrVRLuyLUph54WjP5mQsANmAF

PM me if interested.


Title: Re: [WTS/WTB] FlutterCoin (FLT) TRADING BEGIN for first POB coin.
Post by: DaFockBro on March 12, 2014, 05:15:26 AM
I'm still looking to buy up to 2 milllion FLT for 1 BTC.

PM me if you have a large amount of FLT you want to get rid of.

So far I've only been able to accumulate 100,000 FLT.


Title: Re: [WTS/WTB] FlutterCoin (FLT) TRADING BEGIN for first POB coin.
Post by: Trujillo on March 12, 2014, 12:12:01 PM
WTB 2million+ Fluttercoin. Offering 1.12 BTC per 2million, am a bit flexible so please pm me so we can haggle.


Title: Re: [WTS/WTB] FlutterCoin (FLT) TRADING BEGIN for first POB coin.
Post by: wman on March 12, 2014, 01:07:44 PM
wtb fluttercoins, post your rate.


Title: Re: [WTS/WTB] FlutterCoin (FLT) TRADING BEGIN for first POB coin.
Post by: bmgbmg on March 12, 2014, 02:06:36 PM
Found thanks


Title: Re: [WTS/WTB] FlutterCoin (FLT) TRADING BEGIN for first POB coin.
Post by: tic-tac-totoro on March 12, 2014, 02:57:03 PM
WTS 100k for 0.075BTC


Title: Re: [WTS/WTB] FlutterCoin (FLT) TRADING BEGIN for first POB coin.
Post by: burningzoul on March 12, 2014, 07:56:11 PM
Did anybody make a flutter sell or buy yet from here? seems that the difference in rate is big 50-100sats, with the middle of 75 sats... just curious what are the "estabilished" forum prices...


Title: Re: [WTS/WTB] FlutterCoin (FLT) TRADING BEGIN for first POB coin.
Post by: verdun2003 on March 12, 2014, 10:03:41 PM
More miners are coming, coin is innovative and dev is super reactive. I'm putting a few rigs there


Title: Re: [WTS/WTB] FlutterCoin (FLT) TRADING BEGIN for first POB coin.
Post by: Gunther on March 12, 2014, 10:08:49 PM
WTB for 0.2 BTC.


Title: Re: [WTS/WTB] FlutterCoin (FLT) TRADING BEGIN for first POB coin.
Post by: SailZStarZ on March 13, 2014, 04:28:07 AM
WTS 100k Fluttercoins for .1 BTC


Title: Re: [WTS/WTB] FlutterCoin (FLT) TRADING BEGIN for first POB coin.
Post by: DaFockBro on March 13, 2014, 04:32:02 AM
I'm looking to buy up to 2 million FLT.  PM me if you have Fluttercoin you want to get rid of.


Title: Re: [WTS/WTB] FlutterCoin (FLT) TRADING BEGIN for first POB coin.
Post by: Sapphire on March 13, 2014, 11:13:43 AM
I'm still willing to buy.

The market price is yet to be determined, because the were no trades yet.

I'm offering the price 0.00000060 BTC/FLT
I'm buying 0.18 BTC worth of it, that's 300k FLT.

PS: scammers, don't bother again, we'll do it with escrow only.


Title: Re: [WTS/WTB] FlutterCoin (FLT) TRADING BEGIN for first POB coin.
Post by: money08 on March 13, 2014, 11:22:06 AM
600k flutter for sale. Sold some on IRC a few hours ago and they said i should post here also. Best price gets it via pm. We can use escrow, or you can go first in parts. I am a seller on Localbitcoins and can show you credentials.


Title: Re: [WTS/WTB] FlutterCoin (FLT) TRADING BEGIN for first POB coin.
Post by: Trujillo on March 14, 2014, 11:54:49 AM
Still WTB if available


Title: Re: [WTS/WTB] FlutterCoin (FLT) TRADING BEGIN for first POB coin.
Post by: softron on March 14, 2014, 12:02:05 PM
Wtb 1 mill @ 0.02 btc


Title: Re: [WTS/WTB] FlutterCoin (FLT) TRADING BEGIN for first POB coin.
Post by: atleticofa on March 14, 2014, 04:53:49 PM
Selling 200 000 Fluttercoins

0.08 for each 20 000 Flutter



Fair price formula: 21000000totalBTC/1000000000totalFLT/5000ratioNewCoinInExchange = 0.00000420 FLT/BTC



Reputation: https://bitcointalk.org/index.php?topic=426228.new
https://bitcointalk.org/index.php?action=trust;u=161675


Title: Re: [WTS/WTB] FlutterCoin (FLT) TRADING BEGIN for first POB coin.
Post by: verdun2003 on March 14, 2014, 08:17:58 PM
Selling 200 000 Fluttercoins

0.08 for each 20 000 Flutter



Fair price formula: 21000000totalBTC/1000000000totalFLT/5000ratioNewCoinInExchange = 0.00000420 FLT/BTC



Why would you use 5k and not 10k or 1K for a new coin?


Title: Re: [WTS/WTB] FlutterCoin (FLT) TRADING BEGIN for first POB coin.
Post by: burningzoul on March 14, 2014, 11:24:16 PM
Selling 200 000 Fluttercoins

0.08 for each 20 000 Flutter



Fair price formula: 21000000totalBTC/1000000000totalFLT/5000ratioNewCoinInExchange = 0.00000420 FLT/BTC



Why would you use 5k and not 10k or 1K for a new coin?

Fair price formula: 21000000totalBTC/1000000000totalFLT/5000ratioNewCoinInExchange = 0.00000420 FLT/BTC
Fair price formula: 21000000totalBTC/1000000000totalFLT/10000ratioNewCoinInExchange = 0.00000210 FLT/BTC

Average between the two: (420+210)/2 = 315 satoshi
Of course it needs to be based on the diff it has when it reaches the exchange so let`s asume just for statistical prediction (with large aproximation) taken in consideration difficulty and reward/day/mh and middlecoin ratio:
-in the time of writing diff was 5.71 and you get 15,480 flt / day / 1000khs (1mh)
- to achieve in the time of writing middlecoin ratio of 0.007 btc/mh, 1flt = 45 satoshi ( 15480*0.00000045 = 0.00696btc)
-in theory the actual price just to achieve middlecoin ratio at the time of writing is 45 satoshi
-if we take in consideration that, just for statistical aproximation, at diff 10 you will get 2 x less and price is 2 x more (not accurate, just to give a rough estimate) , the price would be 90 satoshi
-taking the average between the 2 fair price formulas: 315 satoshi and the middlecoin aproximation, 90satoshi, and making the average would give: 202.5 satoshi (at an aproximate diff 10)
-of course it doesn`t take in consideration hype, speculation, and of course as we all seen the first time when a coin hits an exchange it maintains a higher profitability than middlecoin`s 0.007 for a few days, let`s say a 0.001-0.0012 would be a good guess.
My personal conclusion, with an error of prediction of -25%=> expect at least 150 satoshi,and  between 150-315 satoshi based on other factors


Hope it helped



Title: Re: [WTS/WTB] FlutterCoin (FLT) TRADING BEGIN for first POB coin.
Post by: verdun2003 on March 15, 2014, 01:01:57 PM
Selling 200 000 Fluttercoins

0.08 for each 20 000 Flutter



Fair price formula: 21000000totalBTC/1000000000totalFLT/5000ratioNewCoinInExchange = 0.00000420 FLT/BTC



Why would you use 5k and not 10k or 1K for a new coin?

Fair price formula: 21000000totalBTC/1000000000totalFLT/5000ratioNewCoinInExchange = 0.00000420 FLT/BTC
Fair price formula: 21000000totalBTC/1000000000totalFLT/10000ratioNewCoinInExchange = 0.00000210 FLT/BTC

Average between the two: (420+210)/2 = 315 satoshi
Of course it needs to be based on the diff it has when it reaches the exchange so let`s asume just for statistical prediction (with large aproximation) taken in consideration difficulty and reward/day/mh and middlecoin ratio:
-in the time of writing diff was 5.71 and you get 15,480 flt / day / 1000khs (1mh)
- to achieve in the time of writing middlecoin ratio of 0.007 btc/mh, 1flt = 45 satoshi ( 15480*0.00000045 = 0.00696btc)
-in theory the actual price just to achieve middlecoin ratio at the time of writing is 45 satoshi
-if we take in consideration that, just for statistical aproximation, at diff 10 you will get 2 x less and price is 2 x more (not accurate, just to give a rough estimate) , the price would be 90 satoshi
-taking the average between the 2 fair price formulas: 315 satoshi and the middlecoin aproximation, 90satoshi, and making the average would give: 202.5 satoshi (at an aproximate diff 10)
-of course it doesn`t take in consideration hype, speculation, and of course as we all seen the first time when a coin hits an exchange it maintains a higher profitability than middlecoin`s 0.007 for a few days, let`s say a 0.001-0.0012 would be a good guess.
My personal conclusion, with an error of prediction of -25%=> expect at least 150 satoshi,and  between 150-315 satoshi based on other factors


Hope it helped



GOt it! cheers