Another suggestion would be to lower the POS rewards. Price is supply and demand. The above suggestion would raise demand. Lowering supply would also help in firming prices.
I am currently averaging 9% to 10% per month - far in excess of the stated 50%. Inflation over 100% per year makes price stability difficult if not impossible.
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Returns steady, good. But with quite some fewer stakes than last time, lets hope that's less luck last week and not that much higher difficulty/network weight. The thing that made up for it is the Sprouts and Cube prices are doing some nice recovering and Paycon rose slightly as well, that's good to see. Indeed I was pleasantly surprised at the total as I too had noticed the stakes were down on last week. On another note I have had someone looking into the SandG code and the issue I am having with POS, believes he has solved the issue and for a price of 0.6 BTC will provide an updated code, along with a new win and Mac wallet. I think it too high a fee but as with everything I wont make a decision without asking here first, also what are your thoughts on POS rewards amounts etc I have an idea of what I think would work, but lets get your thoughts Crunck Concerning POS - I like POS coins but the problem, as I see it, is there are way more POW Sandg being produced than can be absorbed by the portfolio profits. This causes rock bottom prices with sellers dumping at any price because they can mine a lot fast. POS gives a reason to hold but I would expect the POS to be dumped. The key is stay with POW and lower the rewards to a level which is lower than the portfolio can absorb (raising prices) or, add POS and substantially lower or eliminate POW. POS must be meaningful to expect people to hold coins but, result in less coins that are currently being produced.
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You all know how to swap? PM vegasguy and call your amount and old xde walletaddress. Greetz Steve
When you PM Vegas, he will give you an address to send your XDE to
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TomPool works well but, I have found it is not Chrome friendly so us a different browser.
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OMG! I glanced at my wallet this morning, and found 24.76 "extra" FLY (flies? lol) in my wallet, putting me over the 100 mark! (One way to shut me up about selling other coins to buy FLY, etc..., lol.... so I'll have to take on that suggestion about setting a goal for 200!) I see that Santa, in the form of Mr Generosity is alive and well. Thank you so much, and it's good to be involved with this coin and community. I hope to do my part to help us all do well. I read your post where you had to sell alot of your coins to climb to the magical 100 FLY for superfly. I wanted to hold out my hand and support you the rest of the way Vegas It's like I'm a football, and you kicked me over the goal posts, haha.... Field Goal! Thanks again, and I hope this is just one more light shining on the FLY community. It was great to see Pokey's note as well, I know he feels like we all do..... a nice way to feel. Congratulations!!!
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Two problems. Newbie account. No escrow.. Buyer beware
+1,000 for me - I'm out before I am in.
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I will staking to superfly. If anyone with a few thousand fly cares to join me, we can bring larger payouts and more excitement to FLY for the "little guys". Maybe we can make a poll who to donate a nice reward of superfly to (Rich excluded)
If your a large holder , please stake to superfly : FUvpVUAnEf9u4JPmVWymhV5o1BEvMQBcyP Vegas
Staking to SuperFly
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SuperFly Wallet = Free Fly!! Qualify (1 Day Left for This Week) for SuperFly Rewards Current Period of 1/1 thru - 1/17. Last week was 6 FLY each! To Qualify: 1. Own 100 or more Fly but less than 5,000 2. Claim your BCT name with KeesDewit on the Explorer (PM him) 3. Sell from your Savings (POS) - not your main address 3. Help promote the coin:help others in this thread/social media/ exchange chatbox/mention Fly in other threads contribute ideas/help with website creation/etc. Qualifiers so far for this time period:. (Let me know if you should be here but are missing. PM me the post # of post or link) BTC-BTC-BTC Cooper Crazyivan3800 Cryptonit DonFreddy GI Miner GreogofDoom groggin Keesdewit Midnight_Miner Pokeytex TimC If you miss a week, just re-qualify the next.
Note:If you are over 100 and have met above except name claim - PM Kees your address and let me know so I can add you to this list. Updated List
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SuperFly Wallet = Free Fly!! Qualify (1 Day Left for This Week) for SuperFly Rewards Current Period of 1/1 thru - 1/17. Last week was 6 FLY each! To Qualify: 1. Own 100 or more Fly but less than 5,000 2. Claim your BCT name with KeesDewit on the Explorer (PM him) 3. Sell from your Savings (POS) - not your main address 3. Help promote the coin:help others in this thread/social media/ exchange chatbox/mention Fly in other threads contribute ideas/help with website creation/etc. Qualifiers so far for this time period:. (Let me know if you should be here but are missing. PM me the post # of post or link) BTC-BTC-BTC Cooper Crazyivan3800 DonFreddy GI Miner groggin keesdewit Midnight_Miner Pokeytex
If you miss a week, just re-qualify the next.
Note:If you are over 100 and have met above except name claim - PM Kees your address and let me know so I can add you to this list.
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Guys, we have finished everything. We are now just waiting for the swap to begin in a few days. Vegas Beautiful wallet - Wow - this really pops!
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More information coming soon (Sigh).
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Just got the bad news. Are all assets frozen on Cryptsy ? Or only BTC LTC. Hence can I pull out my DASH?
Website is not working at all - you can see your balances but no buys or sells. Closed for business. It strikes me that an easy way to steal that much would be to claim you were hacked... and head for an island.
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SuperFly Wallet = Free Fly!! Qualify for SuperFly for the current period of 1/1 thru - 1/17. Last week was 6 FLY each! To Qualify: 1. Own 100 or more Fly but less than 5,000 2. Claim your BCT name with KeesDewit on the Explorer (PM him) 3. Sell from your Savings (POS) - not your main address 3. Help promote the coin:help others in this thread/social media/ exchange chatbox/mention Fly in other threads help with website creation/etc. Qualifiers so far for this time period - Not many so far:. (Let me know if you should be here but are missing. PM me the post # of post or link) Crazyivan3800 GI Miner groggin keesdewit If you miss a week, just re-qualify the next.
Note:If you are over 100 and have met above except name claim - PM Kees your address and let me know so I can add you to this list.
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Thank you for posting this thread. Interesting and refreshing. Long live POS coins & DMD. Of course, Diamonds ar Forever.
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With the theft of Pokey's coins and people trying to help him recover them, it looks like your post may have gone unanswered. Apologies!---snip to questions------ I booted up the Windows wallet - V1.6.1 but it won't sync. I have now downloaded the latest version from the OP in this thread. Haven't installed it just yet. Will it overwrite the old QT or do I need to extract my wallet.dat to a safe place, and then delete the old wallet and replace with the new one entirely? Save a copy of your wallet.dat (Just in case - as always) The new wallet 1.7.8 will overwrite the old one. Suggestion - while Most have had no problem upgrading - I did (Lucky me). You will probably have no problem. The old bug from way, way back would not let me open my wallet past the flash screen. First, I suggest you dumpprivkey in console (and write down priv. key carefully & dbl. check.) for each address which has coins in case you have the same problem. If you do have a problem, you can do a new, clean install & just do a importprivkey (type help in console for syntax or ask for help here, if needed).I think a lot has happened since I last staked FLY - my last stake was 17-11-15 - so is there anything specific I should know before starting the new wallet? I think I understand the NEW fees! Overwite the old and you should be set. Fees: No fees to combine or split blocks is on exempt list/name claimed (which you are)Do I have to claim my address again on the explorer? No - you are set Do I have to get in touch with whoever is running the new explorer to claim. KeesDewit, our lead wallet Developer, runs the explorer but you are all set there.Are the rules for the SUPERFLY payments still the same? No outbound transfers and social media posting, after an explorer name claim? No changes. Vegas will always announce any changes. Other poss. in addition to social media: blog, thread suggestions to improve FLY, Translation threads, help on website, etc. Stake to Exchange OKAny help would be appreciated, as there is a lot to take in and I don't want to make any mis-steps If you have a problem, PM me and I will help!
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Seems like the team is more interested in XDEII than FLY at this point. There used to be many posts in the FLY thread each day, now there are few to none.
What is the plan with this? How will time be balanced between two different projects and what will happen when one becomes far more valuable to the team than the other?
Thanks for the question. There are times in every business when you need to complete certain items before you launch full speed ahead on many fronts. The wallet developers solved the complex coding issues to allow w/d's of Fly from the exchange to be exempt for everyone w/o high feess and the need to manually add each user to an exempt list. This is currently being tested with expected releaase soon. The team intentionally decided not to push Marketing & Real World usages for Fly until the wallet is finalized with regards to the exchange w/d's. Pushing people to buy FLY that would be stuck on the exchange would not be positive. Once that issue is resolved, which is expected upon completion of wallet testing, you will see things rev up more here. Concerning manpower: There are a dozen team members for FLY so I don't foresee a problem with time dedicated to FLY. Right now the lull is caused by the need to complete the wallet which allows exchange w/d's.
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The remote desktop software itself isn't bad, it's poor configuration if you dont set the security setting properly or more likely just a scapegoat. Why would someone create a fake miner just to access your TeamViewer to later login and steal your wallet.dat by hand with the user potentially watching to stop it? It'd be way easier to just have the fake miner steal the wallet.dat itself and be done with it.
Yesm you are correct. Likely this was NOT done by team viewer and a trojan that downloads the wallet.dat with a keylogger. Well-he said team viewer showed the wallet files having been transferred when he looked at his computer this morning??? Don't know the facts on if team viewer was password protected but a key logger could have gotten that as well
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News: A Fly holder just got robbed of all of his coins - not just FLY. They took his wallets through team viewer for all his coins. Also, they must have had a keylogger on his computer since the wallets were encrypted. The only very small saving grace is the large Tx fees went to the SuperFly wallet and can be sent back to him. Also, Team Fly got Cryptopia to freeze the trading on Fly so those could be recovered as well. Team Fly is reimbursing the Burn Fees. Very sad for him. Many thousands of dollars.
If all of your wallets are not encrypted please do so and install an anti-keylogger. I use Key-Scrambler Premium (small fee) but, there are others which are free.
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Staked my first FLY today, gonna take me forever to get to the 100 FLY club... Have you considered not taxing the little guys on their staking? Hmmm, now that is an idea. Maybe those who don't have 100 coins aren't taxed? Very good suggestion! All those that have above 100 the tax applies. I like it. We will definitely discuss this - I am not sure what it means in programming but Kees will. Also, discussing other rewards to holders under 100 as another option. Thanks for the suggestion
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