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reason i ask is:  Bot attack!! |
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Why isn't this coin on any exchanges? Except Cryptsy and coins-e? Trex has everything... except this one.
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The max. supply by POW is 220 million coins. What can ppl expect the price for fluttercoin? This may be one of the reasons why ppl are dumping. And still, there is no limit supply of this coin. After pow stage is finished, there comes the static award on 14,400 each day. Why do whales pump for it? pls dump your coins before it is two late. I have already dumped mine.
Well since the max is 200 million my dunce friend, and the fact that the PoW stage never ends, and the fact that 14.4K is pocket change, we don't care that you dumped your 0.1 BTC investment. Check the order book. Buy orders are only in hundreds, and sell orders in ten thousands. Apparently, many people are dumping this coin. Ppl are leaving and deserting this thread..For days and days, no ppl care about this coin. Your attitude really matters. Ever since your shitty comments and reaction to this community, ppl are dumping this coin. Check the trading history. I understand your feelings, but you cannot deny that ppl are running and dumping. Those who try to get other ppl to buy when they are dumping always say in some days, in some weeks, fluttercoin will take off, will fly to moon shitty craps to trap other people to buy.. It really does not matter how much i invested. but as ppl are running. it will matter, if 1000 holders of 0.1 btc are running. Such cry. Shitty comments are made by loons like yourself stating nonsense and telling everyone to dump their coins. This isn't a campfire sing along, I'm not gonna give you a hanky to wipe your tears cupcake. Its called market manipulation FAIL on your part. If you don't like the coin - sell, and leave. To come here telling people to dump their coins pisses me off. Just as I DO NOT tell people to buy the coin, I take a bigger offense to those coming here to try and manipulate the market. Great comment OP. Even greater response Dev. With fantastic community response like this, looks like its time to set my buy orders for the 500's again. |
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from http://www.fluttercoin.us/fltbeta2/wp-content/uploads/2014/05/proof-of-transaction-v2-r.pdf : Frequency vs Reward Percentage In looking at the current state of proof-of-transaction rewards specifically, we found that based on the difficulty, they occurred roughly every 200 blocks on average, with the payout being 50% of the proof-of-work reward. While the frequency of PoT cannot be predicted, it is my estimate that they will occur on 80% of blocks, so again considering 1000 blocks, 800 blocks would pay PoT rewards. For example, if you take into consideration 1000 blocks, with a block reward of 20 FLT. Current algo PoT payout per 1000 blocks = 100 FLT Proposed algo PoT payout per 1000 blocks = 800 FLT Won't increased frequency lead to increased POT reward overall? In that case, wouldn't that just mean that more coin will be created? Maybe there is something I miss here..Could you explain it to me? Nope, doesn't effect total coin production at all. well that settles it then :/ |
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The way to beat the dump is to BUY, there is always a bottom and then its up from there, trust me I bought BTC at $800 just to watch in horror as it dropped to $440 just a few weeks later.
But I bought more at about $443 and then made up for any losses because of buying at the low.
We won't see it go below 600, unless some whale drops all they have on the markets, even then it seems there is a growing interest in the coin at its current price.
I have about 12-14 BTC invested in FlutterCoin, I will HOLD much to my dismay of the current prices.
It is like every other crypto on the market currently, we saw 1000+ BTC trade volumes just a month ago, now most are doing 20-30 BTC trade volumes.
Just wait it out and there will be a explosion on the market and prices will skyrocket in a matter of hours.
i admire your enthusisam but i am sitting this out until shitter gets his diarrhea problem fixed. i refuse to give money to someone again and again who just turns around and LOLs as they dump crap on me in return. it's a point of principle now. It's not that flt is doing poor in a down market. its that it is doing much much worse than comparable coins, and the only ppl who hold it in any big quantity are ones who knew about it from early days so thay know why it is supposed to be a coin with a future. and _those_ are the ppl dumping. why? what is the secret. after AC scam everything that seems 'out of place' needs to be considered and not ignored. where there is smoke there is fire, that is the #1 lesson learned by anyone in crypto. |
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Nice truckload dumping happening, this market really wants to crash through 1200 support and kill trendline. "900 sats" troll may have been on to something after all.  Maybe I'll dip more toes in this pool when it gets to 800 or so, cannot go wrong there. But, there are sure some unhappy campers who bought at 2000+  Guess they have to wait. As will I. remember these days? we were making excuses after excuses for this coin. now look. what excuses to make for it today? |
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i guess I have to admit that i must have no idea what the ingredients are for a successful altcoin.
people cant tripping over each other fast enough to get scammed by coins that obviously had no future even if they weren't scams to begin with (AsiaCoin, 'theme' coins in general), coins that are clones of other coins or do the same old "ASIC resistance" pitch 11 different ways take off and fly, yet flutter -- which does something unique and useful in crypto gets shit on day after day after day. even though we have daily supply cut down by almost 88% compared to the 5000 flt block reward period.
are the devs dumping? if not, who keeps selling this coin? it can only be someone who either is mining continuously now or had mined a lot of it in the past.
it cannot be current buyers or miners, there just isn't enough supply any more.
how can people who had so much of it not have any faith in it?
are they seeing something wrong that I am not?
dumpers, if you are reading this please enlighten me because I seriously doubting my sanity at this point.
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why would kidcoin need to show his identity? the best dev of all time satoshi, we don't know who he is. no need for identity, gtfo.
Something wrong with your reading comprehension? NOBODY has asked theKidCoin to reveal his identity. i don't know. but i do know what your mom revealed "your mom" jokes, how original. way to be above the maturity line. I think they need your talents over in flappycoin thread. or, you know, your mom's talents. maybe mikie really should "GTFO" and take his coin with him. that will sure improve things for your investment. i won't be far behind if this kind of talk is where the thread is headed. anyone can call seattletu a hormonally imbalanced shitswallowing cuntbag, which is especially easy in his case because it is a verifiable fact, 6 confirmations and counting. not everyone can contribute productive ideas and criticism to the discussion. your choice man, I can do both of these things *and* do your mom at the same time. but ... only one of them will improve the prospects for Flutter. |
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ALL: Big mistake with the toal PoW calculation of coins. Its actually 10% LESS
Total PoW coins output is actually around 200 million
I am curious about this actually. So there were originally supposed to be 220 million PoW coins, but now it is 20 million less. Did something change about the way block rewards are calculated or was this just a math error in adding up all the PoW minted coins? Shouldn't the sudden announcement of 10% less coin should have created about a 10% jump in value, through basic math? Are those 20 million FLT now gone from the coinbase altogether or will they be present in the form of additional PoS stake return or something? |
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Nice truckload dumping happening, this market really wants to crash through 1200 support and kill trendline. "900 sats" troll may have been on to something after all. Maybe I'll dip more toes in this pool when it gets to 800 or so, cannot go wrong there. But, there are sure some unhappy campers who bought at 2000+ Guess they have to wait. As will I. |
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If you guys are gonna monologue, please use facts, not myth.
In two posts I heard mention of multipools and KGW - Won't even comment further than below.
KGW does nothing to stop multipools, KGW does what we do, but in a different way.
Multipools don't have enough coins to catastrophically dump each day (900k). Come Saturday they will (this is if they mined every block - which they aren't not even by a long shot) 450k coins each day.
Multipools are almost no factor now and will be no factor in the future,
I think it's pretty clear from my post that I know damn well the block halving will eventually address this mine-raping problem. I still think it would be better if it didn't happen in the first place, but whatever. Way to go with the misdirection. The lack of community engagement is most of what my post was about, and I am afraid there's nothing wrong with my facts there. That 2-3 sat shitcoin I was alluding to, which had a 30 BTC sell wall but a fantastic community effort run by the dev? It's 11 sats today - 30 BTC + additional 40 BTC of sell wall vaporised. They kept the community fired up despite the deplorable outlook and when they were ready to introduce something semi-newsworthy today (they added a PoS system to a plain vanilla PoW coin), and they had all the right eyes in place to make the market come back to life and blow the lid off that sell pressure. It may well die back down in a few days but this is a textbook case of investing in the community instead of being indifferent to it, and having it pay off by multiplying your efforts. Cool story bro... lol are there any others devs or is it only you? |
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Has anyone received a proof of transaction block reward yet? I've sent about 40 transactions between wallets and between exchanges and back again, all above 500 FLT, and no sign of a transaction reward yet. I wonder what the average # of times it takes is to get one (I know its random but it must work out to some average over a large amount of tests), and if it is some big number like 1000+, will anyone be that excited about this? It's a good idea but if you can't see evidence of it, it feels like it's easier to just stake or mine and get something you can see really happening.
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Who the hell is selling on mintpal? FLT is over 1300 sat on poloniex  me... |
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Have you tried to contact Bill Murray's agent for an official endorsement? Or maybe the foundation to get something official?
Otherwise sadly there could be problems with this coin.
We have been in contact with the foundation, yes. We have Bill Murray's indifference but we're working on getting him directly involved. He doesn't have an agent and he's been extremely busy promoting his movie/etc. There will not be a problem with this coin - our only concern is improving this coin. etfgeek, I've simply removed your post again. You registered here on February 1st and almost all of your posts are in here contributing zero value to the discussion. You're the same guy that thinks somebody I've never met making a hilarious "gravy train" picture makes it the official Murraycoin message (not to mention you obviously missed the fact that it's a line from a Bill Murray movie) - if you aren't interested in Murraycoin why do you spend all of your time here? Official statements from celebrities and foundations don't happen overnight - we're 3 weeks into Murraycoin and the wheels move slowly on these things. There is paperwork, lawyers involved, etc. Perhaps a more fitting coin for etfgeek would be CheeseburgerCoin? > if you aren't interested in Murraycoin why do you spend all of your time here? Maybe it's because I am mining this coin and I don't want to find out that I've been wasting my time on something that is looking more and more like a poorly planned fuckup by a dev with his priorities out of order? Everything is going as planned; connections were made and the Murraycoin groundwork was done in December (over a month before the coin launched.) If you're concerned you have wasted your time, I would be happy to buy your coins from you so you can go elsewhere. We aren't interested in making people jumpy - we're 3 weeks into the launch of The Murraycoin Project and marketing efforts have barely even begun. To give you an idea of our timeline, we are sponsoring a hole at Bill Murray's annual charity golf event at the end of March and the Murraycoin team will be down there competing in the tournament - Murraycoin was never designed to be a quick pump-and-dump like it sounds like you may be looking for. There is nothing wrong with wanting to make a quick buck (let's be honest, that's what most people are looking for in the crypto market)...but I want to make sure you're here for the right reasons - this is a long-term coin. There may be a lot of early profit to be had as soon as it starts hitting the exchanges...but that is certainly not the mission here. Nothing you have said has helped move things forward - as a supposed investor in Murraycoin (I consider mining an investment, by the way) you should be trying to help instead of spreading confusion and negativity without having the information required to make the claims you are making. Here's the thing. From all appearances, this coin is nice enough but on a technical level it's nothing that special any more. The special sauce, such as it is, is the association with Bill Murray and with the charity that has his name on it. But up to now all of the specific talk from the dev team has been about technical 'coin launch' things that don't matter that much (not to detract from the work a coin launch takes, but effort involved in a launch is not unique to MRY vs any other altcoin that is launched these days), and nothing solid said about the one thing that matters most of all - endorsement status. As someone mining (and yes I agree this is tantamount to investing) this coin, that means "something that confirms that the rug wont be pulled out from under this coin at the 11th hour" like what happened to CoinYe. This is the only thing that really matters -- and yet it's the one thing that there has been the least solid information about. Asking this very reasonable question gets you handwaved away or called 'negative.' Maybe you have solid confirmation now? I still can't tell from what you are saying above though it is better than what we had before. Though it looks like getting the official all clear statement from the MB foundation was an afterthought, not something that was done in the beginning before any coin development was launched. If this coin is launched 100% above board you would have no problem or questions from anyone, not me, not others on this site, and you will take off like a rocketship. |
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Have you tried to contact Bill Murray's agent for an official endorsement? Or maybe the foundation to get something official?
Otherwise sadly there could be problems with this coin.
We have been in contact with the foundation, yes. We have Bill Murray's indifference but we're working on getting him directly involved. He doesn't have an agent and he's been extremely busy promoting his movie/etc. There will not be a problem with this coin - our only concern is improving this coin. etfgeek, I've simply removed your post again. You registered here on February 1st and almost all of your posts are in here contributing zero value to the discussion. You're the same guy that thinks somebody I've never met making a hilarious "gravy train" picture makes it the official Murraycoin message (not to mention you obviously missed the fact that it's a line from a Bill Murray movie) - if you aren't interested in Murraycoin why do you spend all of your time here? Official statements from celebrities and foundations don't happen overnight - we're 3 weeks into Murraycoin and the wheels move slowly on these things. There is paperwork, lawyers involved, etc. Perhaps a more fitting coin for etfgeek would be CheeseburgerCoin? > if you aren't interested in Murraycoin why do you spend all of your time here? Maybe it's because I am mining this coin and I don't want to find out that I've been wasting my time on something that is looking more and more like a poorly planned fuckup by a dev with his priorities out of order? |
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The figures for the price can be found here it is an estimate. And yes electricity wouldn't matter much. http://murray.fusionhash.com/index.php?page=statistics&action=poolThis sounds like a good coin, but I have two questions: 1. Has Bill Murray endorsed the coin? since you use his picture, if not then it could be ended like Coinye. 2. Is it true that dev has a lot of coins? I heard he has more than 10% of the coins? 1. I had the same concerns exactly. As I say news will be coming out very shortly made public by the dev. I can guarantee it won't end like Coinye. That much I can say. 2. The dev definitely does not have more than 10% of the coins or even half of that. I check the pools everyday and he is always half way down the list. I have seen the posts you refer to where people have said look how much this person has. I have preeeeety much near the top and even that is nowhere near 10%. I hope this coin is worth millions so I can fly to USA and deliver millions personally to the Murray Bros Charity. Im that guy. I came here with nothing. Im not rich but I do want to change peoples lives for the better. I will also be giving personally to Childrens Hospital and cancer research. All the things we see advertised daily and wish we could help. I look forward to that. Everyone has their own goals. If you have any questions the dev is open to them and this community is here to help That raises a good question. Who is the dev, is it the thread OP? Rgd 10% of all coins, I don't think the pool usernames can be any clue, dev can easily be the #1 username under an alias as someone pointed out to me earlier (I am certain it isn't really "PfizerVenture" as in the med sector investment fund). I'm not clear on the message of the coin tbh. Im seeing image macros of gravy trains on one hand, and talk of charity and curing cancer and benefiting Childrens Hospitals on the other hand. Simple math says the official charity portion will represent a very, very small sliver of the money this coin is expected to generate (if it generates much at all, still a big unknown) and I feel a little patronized with that 'charity' message being repeated over and over like its the main objective here when it obviously is not. Might as well just be upfront about it, peeps. This is a game to make money for a few devs and investors and lucky miners with a charity sprinkled on to sugarcoat it so people participating feel better about themselves. Not much different than all the other coins popping up every week in here. Snap, it does have Bill Murray going for it, which is nice. Except doesn't look like Bill Murray is involved at all other than donating his picture and name. I'm here to make money and I see the charity as just a nice little sideshow. Dunno maybe I'm just a greedy leech and everyone else here is channeling mother teresa and I am only speaking for myself. |
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There will be news for Murraycoin in the coming week. It will be worth the wait. The block rewards are still very high. People with one gpu card are avg .5btc a day. This price is in relation to a private exchange so the price may very well be higher. Everyone is too used to a climate of hurry up and release and as a result coins fail almost immediately. Just like the real physical world of business the more planning behind a product the better chance it has to match peoples needs and have success. Murraycoin has been in development for many months unlike coins that are made and released within the same week. As a result of this detailed hard work you can expect great things for yourself as miners, the Bill Murray Charity and even if you are on the sidelines just watching you will have a chance to participate in some great happenings. I have mined Murraycoin from the first week and continue to do so and will do despite there being coins of higher profitability currently. The long term value plus the chance to really make a difference to the lives of many associated with the Murray Bros Foundation is what draws me me and holds me to this. Don't get me wrong I could be mining doge for just a day or 2 to pay the electricity and switching back to Murray, or I could change every day to a new released coin and have a diverse portfolio of what if coins. The early block rewards are incentives and I say early because they are still amazing. However even at standard block I will continue to mine. Before you say this coin was mined early heavily by the dev, it wasn't. The bigger holdings are by people like me who took a chance and still haven't paid the electricity bill. Its like me crying over the money people made of DOGE coins recent release or Vertcoin 2 day rise. Good luck to all the coins old and new and all the miners. Anyone can tell what the most profitable coin is on www.coinwars.com if its on an exchange. Its harder to tell the VALUE if its new or unreleased. Don't focus on what other people have focus on what you have and can have. AND once you HAVE it what you can GIVE. You CAN give to the Murray Bros Foundation immediately. This coin is about belief in something brilliant. Its about building VALUE to the people who believe in it at every stage and taking this value to the outside world. This coin WILL have global media coverage before you know it. Its quiet now but don't put your ear to close to the speakers things are about to get LOUD. >The block rewards are still very high. People with one gpu card are avg .5btc a day. How are you getting this valuation? That would mean 1MRY ~ 0.0002-0.0004 BTC assuming a premium card with perfect settings (around 10,000-15,000 MRY/day). If people are earning .5BTC/day with one GPU at that rate, I don't think the electricity costs are going to matter much, no? |
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Murraycoin Specifications- Utilizes Scrypt Proof-of-Work
- Launched Jan 20th, 2014, 12:00 PM UTC
- 58 Million Total Coins
- Tiered Bonus Blocks Through First 35 Days
- 100 Second Transaction Confirmations
- Difficulty changes every 36 blocks (~1 hour) w/ 144 block sampling and .25 damping
- 1 Block Premine (1950 MRY, or ~0.003%) - completely given away during launch week
A good rule for newbees: Never buy a coin without a clear statement about the block reward and block drop over time. This is just stupid or intended! Hi. I'm a newbie to this coin launching stuff, traded BTC but not any other crypto currencies yet. Can you explain what you mean by this? Does the murraycoin website not explain this stuff or does it explain it and I just don't grok what you mean? When you buy a coin, you are interested, how many coins are already mined. When you don't know how high the block reward is, you cannot know. Sure, in the source code you'll find it: "/* Total Coins: 58 Million * 1st month, ~16 Million Coins will be generated First 5,000 Blocks are promo blocks with a 1950 coin reward (Bill Murray was born in 1950.) Early miners are encouraged to be generous with promo block rewards. Every 5,000 Blocks (~6 days) the reward steps down from 1950, 500, 320, 210, 130, 80. * During the next 80,000 blocks (~90 days) the reward is 75. * 1st Year, ~34 Million Coins will be generated Every 300,000 Blocks (~350 days), the reward (starting at 60) is halved each period * Through the next few decades the Remaining 24 Million will be generated ~19.5 Million come from first 2 Years of 300K Blocks */" Thanks. That was very informative! Are people supposed to look in the source for this information normally or is this something that should be posted up front or on the website? I am trying to figure out what you meant by "this is just stupid or intended." What does "this" refer to in your sentence? I haven't looked at very many of these coins, though I have taken a great interest in the past 4 or 5 releases to get a feel of how this works. I still don't know if this particular coin's block reward structure is any better than average. The 1950 coin reward for the first 5000 blocks seems very high and it looks like those blocks were all mined out by a handful of people (I'm almost one of them  I got started mining around the last 100 of those blocks). Although it says early miners are encouraged to be generous with promo block rewards, from what I've seen so far with the recent released coins, being generous is the last thing early miners can be expected to do (regardless of what they say). They usually seem to just wait for a coin to go on an exchange and dump a lot of them there at a high price before the market can figure out what the real value is. I wouldn't be surprised if this initial introduction price is what the charity donation will be pegged to, since it will probably be the highest value the coin ever sees, if other launches are any good indication. Since newly launched coins only last a couple weeks around here before being forgotten about and languishing on the scrap heap, I don't think any block reward claims past 30 or 60 days are part of the value equation for me. This coin is not being promoted very strongly yet it still being mined by a handful of people (the hashrate looks really low, 50 mhz/second or so?). Who would want to mine it any more after all the fattest bonus blocks are gone? No diss to the coin or Bill Murray. Just being realistic. A lot of effort went into making this coin but it's still very quiet around here. |
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Murraycoin Specifications- Utilizes Scrypt Proof-of-Work
- Launched Jan 20th, 2014, 12:00 PM UTC
- 58 Million Total Coins
- Tiered Bonus Blocks Through First 35 Days
- 100 Second Transaction Confirmations
- Difficulty changes every 36 blocks (~1 hour) w/ 144 block sampling and .25 damping
- 1 Block Premine (1950 MRY, or ~0.003%) - completely given away during launch week
A good rule for newbees: Never buy a coin without a clear statement about the block reward and block drop over time. This is just stupid or intended! Hi. I'm a newbie to this coin launching stuff, traded BTC but not any other crypto currencies yet. Can you explain what you mean by this? Does the murraycoin website not explain this stuff or does it explain it and I just don't grok what you mean? |
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Are there any exchanges up yet trading MRY?
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