Might be best to just stay the course you set at the beginning. I love Crypto - I hate Crypto. I can't decide.
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Made some good profit on Digibyte and Casino coin. Both 10 BAGGERS... FLY NEXT?
Congrats on Digi & casino - Think you are in the right place w/FLY
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I threw out the idea of a coin burn from stake purchases. It is not clear that any burn is currently happening. Are purchased coins just coming back on the market?
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I've been just going off of the idea that this coin is going to slowly increase in value due to the staking holdings. As these grow, more BTC is available for buy back, which buys back more coins. PoW decrease vs PoS implementation is a good discussion. PoS implementation is definitely more fun/enjoyable. PoS decrease may help make the buy back have more of an impact sooner rather than later. Yes?
Did you mean POW decrease?
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Buying this ICo would give my bank account a discount
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Wow that is insane low! How much btc worth of alts are currently in this coin? Unfortunately Cap rate has nothing to do with portfolio. A zillion years ago, Sears was dying and the price tanking. Cap rate was shares (coins) x Price. Someone in the company realized that they owned 5 x the cap rate in land all the non-producing stores sat on. Closed tons of stores and sold off land.
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It's a tough question. Stakes are set in OP for 3 more yrs. before reducing. Not sure of block time but 100 blocks last 11 hrs or 20,000+ coins per day. If that block time is accurate over the year then, 7 MM coins per year.
Staking hopefully would get people to hold and more total people involved with the coin but, deciding % (increased coin supply) and min. days for stake is criitical. 20% is a minimum I think to get people to hold but, that adds another 520k more coins per yr. Stake min. days should be long (15 to 30 days).
Bottom line, we need a bigger portfolio and, possibly, a burn of a % of purchased coins to offset increasing supply.
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I am interested in ideas to assist the SandG community with raising the price. Supply and Demand move coins. We need increased demand and/or reduced supply.
Just threw an idea out.
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Ey Placebo, if you still want to make a good job and a better (longterm) Coinmanagement, but you don't have an idea for a solution, better then selftrading, THIS is the key moment that shows an ever returning pattern and this moment decides nearly everything. What to do? Why are you collecting a community and then try to succeed by playing "a one man show is fighting for its coin, by going gambling" These people here have an interest to have this coin going up and then .... moon. They have exactly the same interest, as you have. If your Ideas or Time or power or money have been used up, talk with your people and ask them to engage. Ask them not only to engage with ideas, to keep you busy and running, but get them into the boat by sharing some tasks and by doing some work and later by sharing some results and rewards and so on. The key is, to get each other involved as a result feel as a part of the project/Coin/goal/Familiy/whatever Its so much more powerful, its a team issue and i know you can do it. You showed it in the first times of ROS and you surprised me. But it is normal, that nobody can run a coin as a one man show, for a longer time and the ability to do so gets less and less on every fail. Make yourself and your people aware, that this coin isn't owned by any person anyway. i wish you luck for everybody here go for it Matthias . Extemely well said - engage the community support! +100
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Wow that is insane low! How much btc worth of alts are currently in this coin? Yes I thought that was crazy low also. When I last checked ( around 3 days ago ) Approx value of SandG holdings in BTC: BTC 0.885 We also have 0.16821632 BTC stuck on trex im waiting for Richie to sort out my support ticket re that, plus we have 70 Tek on a sell order we have more btc staking than the entire coin worth.. Something is wrong here cheap cheap Cut the mining reward in 1/2 and less coins to dump at 30 sat
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Hi please help why still my wallet no POS how many confirm ? please see screen shot , thanks for help
You have to wait 30 full days dude... must be a open wallet 30 days running? or you can turn off and turn after 30 days The days accumulate whether your wallet is unlocked, open and locked or closed. Best wishes
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In some coins the Developer takes a pre-mine - free coins to use for development or in some cases, just to dump on the market.
In the case of FLY, the premine was 150,000 coins which was for a swap of ROS for FLY. Each individual in the swap received a proportion of Fly relative to the ROS they swapped. The developer only recevied coins for the ROS he swapped.
Any coins Vegas is selling are those he earned by exchanging ROS. Perhaps I am mistaken but, the tone of some posts refers to a premine as though Coins were created and taken by . the dev. All Fly coins were distributed and posted in the ann at time of the ROS swap.
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So the choices are: Keep ypur wallet locked and get a higher interest in the future when the difficulty changes Or, get paid at 30 days but get compound interest on the funds received at a lower interest rate. flip a coin and pick your poison
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By Premine, Vegas is referring to the coins for the Swap from ROS Coin to FlyCoin. All coins were earned by: Swapping ROS, Mining POW or, now FLY POS. There were no free coins to anyone.
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Thanks for the clear info.
I Know all miners don't dump. I have been mining since the start.
But enough are dumping to keep the price very low. It will be great when the POS phase starts. I know Crunck will figure it out.
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Very odd - here is a new coin. It sold out. No one knows why or what the roadmap is.
Any information before the wall disappears might give it a chance for survival.
I'll wait to see if any info. But not very long.
By the way, I have a bridge for sale. You can't see it but, it is a very nice bridge. please PM to buy it.
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hi can anyone tell me if anything has changed with HBN i used to be able to mine with my Titan until a few weeks ago now every time i try to mine it becomes unstable and crashes tried several pools all the same Have you tried https://hash-to-coins.comyes several times to test on auto switch or change worker to HBN never comes up as mining HBN same with CAP HBN used to work there but something changed a few weeks ago?? also the same thing on https://www.scryptpool.com/Try TomPool
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Seeing that CAID was added to the C-CEX voting list ( https://c-cex.com/?id=vote ) reminded me I took the time to suggest SandG last week during voting for STEPS. Seems I wasn't the only one because SandG was indeed added to the voting list. As I wrote in the CAID thread, we should coordinate voting with CAID though. We should really focus on getting on one of the big 3 exchanges The way I see it, big exchanges don't automatically mean a gain in price. We need a big portfolio generating regular income for buying back dumps 1st. and, 2nd, the dev. should consider either POS to give miners a reason to hold their SandG or a cutting of POW rewards to limit supply. Limiting supply and rising price = desirable coin. Then, it would be time to add an exchage. Right now, there is not enough demand due to high supply and constant dumps, no matter how low the price.
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Thanks for the welcome - Cryptonit I actually opened an account at Staisybit Today!!
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Still buying at crazy low prices!
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