The other thing that I considered while the site is being built is to hire you guys to write articles for my website about new coins and anything crypto related. I can pay 2 FLY for each article, and you must hold 400 FLY min. My goal is to have multiple writers and have up to the minute news regarding anything crypto related. I will then charge for subscriptions to the site. For those interested and if you qualify please see www.bitcoinlasvegas.netVegas |
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Ok guys as promised FLY V1.8 Im using mega for now, as I had to redo my server to make place for the website. https://mega.nz/#!rFVkHJoB!qP7DBY4mxwdHJjZHE9xyFPrmIikrM9GilfI8v3gkk-oHere are the changes: Fork at Block 58,000 (In about 35 hours from now): POS per year 35% Superblock chances GREATLY increased and added 50X and 100X multiplier. (With graphics in transaction box that clearly show when you hit a superblock): Added withdrawal exemptions for : Gregofdoom,Galactric Pilgrim, Pokeytex (New address), and George G. Coded base for future update to include withdrawal exemptions as well as compatibility with new website. (Approx 2 weeks away). Note to new exempted addresses:: Do NOT attempt any transactions of any kind until block 58,000 or it will be rejected. This only applies to the names above. Everything else remains the same. Stake min 7 days, and 10% stake fee on all stakes. These statistics will change in the next update. Ive already submitted the new wallet to Hex @ Cryptopia, but he is working alone, so lets be patient. Please install and unlock asap to stabilize the network. Vegas |
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So the way it will function is those people that want to earn a lot of FLY will require min 400 fly. They will then earn 2 fly when they submit a wallet of an active coin (one that listed on an exchange). Either one we dont have or a newer one than we have. Payouts will be once a week. 400 FLY is no longer a lot as fly is very cheap right now at 75,000 sats, but it wont stay this way for long  https://www.cryptopia.co.nz/Exchange?market=FLY_BTCVegas |
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So very soon we will be releasing an update with the following changes: 35% per year interest to keep inflation in check. Lottery style superblock system: Staking 35% per year 10% chance of 2x Multiplier 5% chance of 3x Multiplier 3% chance of 5x Multiplier 1% chance of 10x Multiplier 1/2% chance of 20x Multipiler 1/4% chance of 50X Multiplier 1/100% chance of 100X multiplier The superblocks will clearly be displayed in the transaction box, when you hit one Withdrawal exemptions for those that have waited to patiently. This is the first part of a larger update that will come in about 7-10 days that will exempt everyone from withdrawal fees from the exchange as well as exempt everyone when sending to the website to purchase blockchains or subscriptions to notify. So I just wanted to keep everyone in the loop. Vegas |
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Well , we will let the readers decide. Would they pay 10 fly to get any blockchain downloaded in less than 1 minute. Also with a subscription to be emailed the second a new wallet is updated that they choose? Along with current addnodes? Let me add, that thats just the beginning. We are considering including critical news articles specific to the users coins that they choose. Ive invested in top of the line equipment to make all of this possible, so it will FLY  Vegas |
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Mark I really thought you were a FLY supporter, but now I am beginning to wonder. You said "Time to come up with a real plan". Within 5 minutes , I handed it to you on a silver platter. But then you compared us to some half baked free website. So Im not sure what else you want. Anyway. First NONE of their bootstraps are up to date. ALL of ours are updated to the last block. Also , they wont have over 1400 wallets, we will. Also they dont offer a service that emails the user the second a new wallet is released (Only wallets they choose). So, they are not the same. Like you said "not even close". We will be hiring the fly users to find the latest wallets and will be paying them per wallet submission. The customers of the site, will then be emailed once that wallet is verified. We have studied the users balances and as fly is much cheaper , we are requiring a user to hold 400 FLY to be paid for wallet submissions. So users that hold this many FLY can earn as many fly in a day as they want.
Vegas
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We should be getting an update to 1/2 our POS rate soon, so get your high pos rate on all the coins you can Vegas |
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The only hurdle we have to cross is finding a dev that can update the fly wallet to make it compatible with the website.
Vegas
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The website is launched, but in very beta format. We want to add as many features to it as possible, and make it the Authority site for Crypto. Virustoal is already implemented and scans all submitted wallets automatically.
Vegas
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Some of you have heard of FLY coin. We launched August 2015. We have a very unique system that has the worlds first "anti-dump". Our lead developer Kees de wit has taken on more hours at his regular job and is unable to program the changes we need. This will be a very large project as it involves major changes to the code. We have also launched a website that we will need additional devs to help code. Here is the fly ann: https://bitcointalk.org/index.php?topic=1316737.0I will warn you, that our code is extremely advanced and most devs wont go near it. So know what your doing. FLY is stable at 100,000 Sats, and will rise after all of these changes. Our website that supports fly is in its basic form and needs much more development. Here are the details of that: Here is what we have been working on. We have been developing a website that will be an all around site for crypto. It has many features, but its main source of income will be to sell CURRENT, and up to the minute wallet bootstraps, AND subscriptions to email users when a wallet of their choice gets updated. Pricing will be attractive and the site will only accept FLY. Now, here is the good part. The public will be able to get involved where they will be paid in fly to submit new or updated wallets. There will also be a competition to earn bonuses for the person that can submit the most wallets in 1 week with stats. I have spent a few thousand dollars of my own money and purchased the best and fastest server money can buy. I also have a 1gps connection getting piped in. The social media rewards will be scrapped. Youll now be able to earn fly by finding new wallets first and submitting them. You will need to hold a minimum to participate in submitting new wallet findings to the website. We are thinking 400-500 FLY to keep it limited to only a few people. Right now there are 140 wallets online, and the public will be adding and updating to that daily. Eventually it will be one location to download any bootstrap or will complete with addnodes in 1 place. Within the near future it WILL be the largest database of wallets in one place in crypto. The bootstrap on this site will always be current (to the last block), downloads will be insanely fast (1,000Mps/1Gps), and wallets will ALL be current and updated, as the public finds them and submits them the second they are released. Then an email will go to the subscriber with a link to download their latest wallet and blazing speeds. So first we will need the wallet coded that is critical. PM me if interested. Vegas |
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Superblock chances significantly increased.
Min Stake time raised to 9 days.
35% POS per year
Reducing the PoS interest is a good thing. I hope the goal is to drop the rate below 10% or even 5% as the popularity of the coin grows to keep it a 'quality' and not quantity coin. Agreed 100%, that is the reason im lowering the POS rate. Im not waiting until its so inflated that its worthless. Right now we only have 189,000 coins, not counting the burned coins. I hold 50,000 of these. So we are in great shape. I want to keep the quality, not quantity. Vegas You have to obtain quality first in order to "keep" it. You're not even close. This thread is nothing but a few big bagholders and a bunch of chatter about tweeting. What's the point when there's nothing to attract new users? Time to come up with a real plan, not a bunch of bullshit tweets. I actually agree with you Mark. I think you could have posted a little kinder. But anyway. There are MAJOR changes coming to FLY, so many that we dont even have the dev power to code them fast enough. Here is what we have been working on. We have been developing a website that will be an all around site for crypto. It has many features, but its main source of income will be to sell CURRENT, and up to the minute wallet bootstraps, AND subscriptions to email users when a wallet of their choice gets updated. Pricing will be attractive and the site will only accept FLY. Now, here is the good part. The public will be able to get involved where they will be paid in fly to submit new or updated wallets. There will also be a competition to earn bonuses for the person that can submit the most wallets in 1 week with stats. I have spent a few thousand dollars of my own money and purchased the best and fastest server money can buy. I also have a 1gps connection getting piped in. The social media rewards will be scrapped. Youll now be able to earn fly by finding new wallets first and submitting them. You will need to hold a minimum to participate in submitting new wallet findings to the website. We are thinking 400-500 FLY to keep it limited to only a few people. Right now there are 140 wallets online, and the public will be adding and updating to that daily. Eventually it will be one location to download any bootstrap or will complete with addnodes in 1 place. Within the near future it WILL be the largest database of wallets in one place in crypto. The bootstrap on this site will always be current (to the last block), downloads will be insanely fast (1,000Mps/1Gps), and wallets will ALL be current and updated, as the public finds them and submits them the second they are released. Then an email will go to the subscriber with a link to download their latest wallet and blazing speeds. So to those of you that have already decided that FLY is a "has been", you clearly dont know much about me. I AM an over acheiver, always have been, always will be. Come FLY with me  Vegas |
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Superblock chances significantly increased.
Min Stake time raised to 9 days.
35% POS per year
Reducing the PoS interest is a good thing. I hope the goal is to drop the rate below 10% or even 5% as the popularity of the coin grows to keep it a 'quality' and not quantity coin. Agreed 100%, that is the reason im lowering the POS rate. Im not waiting until its so inflated that its worthless. Right now we only have 189,000 coins, not counting the burned coins. I hold 50,000 of these. So we are in great shape. I want to keep the quality, not quantity. Vegas |
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We will post it and an updated wallet will be posted also.
Vegas
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We certainly could use some additional coding help. So I am issuing a 100 FLY bounty to the person who finds a qualified coder that can help us code our massive wallet changes. Specifically we need someone who has the time to code: "exempting everyone from withdrawal fees". Please note this bounty will be paid to the finder upon completion of the work.
Vegas
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So I paid out 8 FLY to qualifying members from Superfly.
Thank you to all that participated.
Vegas
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So I wanted to update everyone. We still need more time exempting everyone. Its proving to be more challenging than originally thought. A few of you have been waiting patiently to be exempted from withdrawal fees. So we are going to make an update with some of the changes we have talked about including:
Superblock chances significantly increased.
Min Stake time raised to 9 days.
35% POS per year
The stake to self 0% and stake to exchange fee Im told is impossible by our devs, so im not sure what to do on this now.
New withdrawal exemptions:
The ones I know are:
Pokeytex
Galactic Pilgrim
Greg of doom
anyone Else?
Vegas
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While we are still coding all of these changes, we can still implement other changes. I am still in favor of a lottery system. Lets look at another proposal:
Staking 35% per year
10% chance of 2x Multiplier
5% chance of 3x Multiplier
3% chance of 5x Multiplier
1% chance of 10x Multiplier
1/2% chance of 20x Multipiler
1/4% chance of 50X Multiplier
1/100% chance of 100X multiplier
So thats a new twist on things. Hoping to get some feedback on this. This will make it have more of a lotto feel.
Vegas
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FLY is going to dump SO HARD it'll be hilarious.
Mark, the antidump fees are staying. This prevents the dumping. I think Mark means that price is still going down. Check the 3 months chart on Cryptopia, before 2016 FLY was trading at 250k~400k sats. What now? 100~150k. This makes me sad. How about implementing something like "buying back", when Dev buys coins from an exchange to keep the minimum price stable? Right now just 0.8 BTC can take FLY back to the about 450k Im not concerned about the price at this moment, because we have an enormous positive update that is being worked on as we speak that will bring massive positive changes to fly including withdrawal exemptions for all , as well as a 0% fee to stake to self and a 20% fee to stake to exchange (should help slow dumping and raise prices), as well as real world usage where you can buy things with fly. Buying up the price is a quick fix, this update will certainly raise the price and keep it there. Vegas |
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