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We have hit the rock bottom, from now its up!
My only regret is not having more btc to by flt@600 ... but I'm glad this great coin is recovering.
only 3-4btc to 1000.. |
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I've got a buy in a 650. Anyone else want to join me so we can at least stop the bleeding and build up from here? Even 1btc, .1, or even .01. Let's band together and show our faith in the coin by putting our money where are mouths are.
I already bought with all my BTC left (only 0.06) at 680, now I pray.  alphaminer21 : I'm interested to see your irc logs, pm me or post it here if you want  locogee : I have the same question, I would like to test but with decreasing block rewards, I think it's ok. Seems to be building back to 700's. Please pull your sell walls if you can. I'm not letting this ship sink. We are going to build the community and market the hell out of fluttercoin so everyone knows why PoT is so beneficial, especially when stacked with PoS. Who all has access to changing the reddit sub and to the website/blog? |
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I've got a buy in a 650. Anyone else want to join me so we can at least stop the bleeding and build up from here? Even 1btc, .1, or even .01. Let's band together and show our faith in the coin by putting our money where are mouths are.
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These are all valid points and as someone who has a pretty good grasp of pump and dump mechanics I agree that this happens and is part of the picture with FLT.
But the fact is, these things are done all the time, in all coins with any volume in them, and it usually does not murder the coin so completely as has happened to FLT.
Only coins with significant (50btc +) daily volume are experiencing these mechanics in a scale big enough to be worth looking at. Any other low volume coin is irrelevant – the idea of course is still there, but the market isn't pushed in either direction and nobody gives a crap. Nobody murdered FLT, just consider the price swings as opportunities. There's no point in maintaining high price if you didn't buy low, get it? And given how susceptible to emotions all cryptotraders are, why not repeat the process over and over? FLT is a good coin with solid market action (see consistent trade volume) and attentions from all traders. It's not worth it to push the price up/down in a coin that nobody cares about – you need to buy-in and cash-out at some points and for that you need real volume (not fake) ... Well said. There's not enough volume for it to have been manipulated. It just faded away and wasn't heard due to noise from bc,wc,ult,drk, and ac. BTW, AC was a scam coin. They found 3 billion hidden coins in the chain that the developer had premined for himself. |
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I have 8-10btc invested in fluttercoin. I don't see a scam and I don't see problems with pumps and dumps crashing the coin. I've spoken with a couple of dumpers and they lost faith in the community and dev's attitude. I think the dev has done a great job with building the coin, but he is only one person and can't be expected to run all aspects of the coin. As long as he displays a positive attitude about the coin, we should pick up the slack and come up with a marketing plan. Investors had high hopes for the multipool, halving, and merchant adoption. When it became apparent that the community had no PR/Marketing team and the multipool didn't work, they jumped ship to either reenter when this is fixed and prices are lower, or to just cut losses and move on with a better investment.
I'm down way too much to sell out and it would crush the coin. Hopefully, there is no inherent flaw with the coin and it's not a scam (which I have no indication that it is). If the price gets low enough and stabilizes, people might come back to take advantage of bargain prices.
We, as a community, need to stay positive. Investors don't like a community that shows fear and loses faith. The multipool will help buying pressure and the halving will reduce selling pressure. If we can manage to get a vibrant community in reddit and in the official thread, then we could move back up to the 1000' quickly. What I don't want to see is people dumping when we get back to the 1000's after weathering such a tough situation. Stay strong and don't sell when we come back as the momentum will be moving up due to faith garnered within the crypto community.
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Here's a cool story bros:  Although I think you might regret doing that Mr. 1.9 million seller, I can't say I blame you right now. It's me, sorry... At first, I thought FLT coin is different like other pos coins... so I have bought a lot of amount of FLT.. (2.9m - 40 btc more) But I don't know what is POT so far. I have never seen it.Price doesn't matter. Decreasing buying support and low volume pressured me. I have no flt now but I like this coin. sometimes I'll buy back. good luck.  Ah yes, what was that I was saying just before? Oh yeah, this: I think the problem with PoT is the message - it is very confusing at first, and it can turn off a lot of people because the way it is presented sounds like it either won't work (and cannot be readily tested to prove it does), or even if it works it won't matter in any meaningful way. DEVS: IF you don't take control of the message, people have to figure out what it is on their own (or listen to someone else tell them FUD), and that usually does not end well. QED. I agree that the message is not getting through. There also needs to be a more vibrant presence on Reddit. Is there a person that is currently assigned to PR/Marketing or do we need to work on getting someone in charge of that? |
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But this thing is poised to rocket at some point.
Why? Price has been holding up very well even with lots of miners selling for profit. Mining is getting more difficult very fast, making it likely FLT will become more scarce, driving the price up. But who knows... True, last 9 days the coin range was 1100-1300 give or take... The week before that the range was 1500-2900 ... Now it's slowly rising, will we see it go to 3000-5000 or is it likely to go backwards to 500-1000 ? Or is this the "true" low-high; 1300-1500? I think we will steadily rise to 2000's as a new base and whales will start pump and dumps, but a lot of strong hands own now. Mining pressure will ease as difficulty increases and we will hopefully weather any pump and dumps and have a stable weekly rise from the 2000's to 3000's. From there we'll just increase believers and the price will continue to steadily rise. Obviously, I don't know this will happen, but I think it will. |
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So here we go on the price trend. Let the whale take us up. Don't hold him back. Hold your coins.
Block halving in a matter of hours. 75% less coins than initial reward. Much easier to rise tomorrow
with the block reward going to 1250 coins (was 5000 just 8 days ago).
Should see a nice steady healthy rise to some degree through the weekend.
We'll still have some volatility, but hopefully we can get a base in the mid 20's. We need to have strong hands and keep our FLT way past the 20's as I see it could be worth a dollar or two at the current BTC price. It would not be good to have millions of coins flooding the market due to the hype and quick rise this weekend. Where do you see FLT price ending up at end of year? edit: added "at end of year" |
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