InflationCoin - IFLT - 4% POS - SourceForge Project of the week 2018

[Ryan Dugan]

I do not understand. In the official anouncement they say the maximum supply is 10 billions.
But already we have 32 billions coin.
What is the explaination ?

because the dev didnt told the truth that it will surpass  max supply 10 billion . he had more the 500 million and the staking rate was/is  2.2 percent daily. its lots of staking on daily basis. so he didnt bother to tell us and i believe almost nobody checked the source code. every body believe him... I thought the same  that it will not be more than max supply 10 billion

lol this is takeover project and this dev didnt know the fact, some information was from last dev.

lol ..you sure about that//!DarkStar1O9  didnt knew the facts... well when he is staking daily 350 million inflation coin... i guess he just became the greed man

Is he the reason there is such a big drop in price? I don't understand how a coins goes from 800% to 80% and decreases in value. It should increase because it is more rare and the staking rate has slowed down so much.

[zincra]

I do not understand. In the official anouncement they say the maximum supply is 10 billions.
But already we have 32 billions coin.
What is the explaination ?

because the dev didnt told the truth that it will surpass  max supply 10 billion . he had more the 500 million and the staking rate was/is  2.2 percent daily. its lots of staking on daily basis. so he didnt bother to tell us and i believe almost nobody checked the source code. every body believe him... I thought the same  that it will not be more than max supply 10 billion

lol this is takeover project and this dev didnt know the fact, some information was from last dev.

lol ..you sure about that//!DarkStar1O9  didnt knew the facts... well when he is staking daily 350 million inflation coin... i guess he just became the greed man

Is he the reason there is such a big drop in price? I don't understand how a coins goes from 800% to 80% and decreases in value. It should increase because it is more rare and the staking rate has slowed down so much.

first reason is Bitcoin price fast rise. Where alot of people convertet they iflt fast to BTC.

Second reason is there were alot of opurtinist who didn care about coin and project but only fast profit. So they sold as soon as Stake rate decreased.

third reason is people have little patience about development of project and are not ready to help out community, so right now there is left mostly loyal stakers who dont sell so there is small volume. I buy more coins slowly,

But if you care about fast profit you are in wrong place. But if you care about coin then look about 2-5 years perspective and you will get nice profit and every one who can help project and community is giving their due to help price a rise and make project succeful, but just siting and doing nothing will not move a price

[striker7334 2.0]

I do not understand. In the official anouncement they say the maximum supply is 10 billions.
But already we have 32 billions coin.
What is the explaination ?

because the dev didnt told the truth that it will surpass  max supply 10 billion . he had more the 500 million and the staking rate was/is  2.2 percent daily. its lots of staking on daily basis. so he didnt bother to tell us and i believe almost nobody checked the source code. every body believe him... I thought the same  that it will not be more than max supply 10 billion

lol this is takeover project and this dev didnt know the fact, some information was from last dev.

lol ..you sure about that//!DarkStar1O9  didnt knew the facts... well when he is staking daily 350 million inflation coin... i guess he just became the greed man

Is he the reason there is such a big drop in price? I don't understand how a coins goes from 800% to 80% and decreases in value. It should increase because it is more rare and the staking rate has slowed down so much.

first reason is Bitcoin price fast rise. Where alot of people convertet they iflt fast to BTC.

Second reason is there were alot of opurtinist who didn care about coin and project but only fast profit. So they sold as soon as Stake rate decreased.

third reason is people have little patience about development of project and are not ready to help out community, so right now there is left mostly loyal stakers who dont sell so there is small volume. I buy more coins slowly,

But if you care about fast profit you are in wrong place. But if you care about coin then look about 2-5 years perspective and you will get nice profit and every one who can help project and community is giving their due to help price a rise and make project succeful, but just siting and doing nothing will not move a price

Thats true plus I mean look at the fact the BCH is stealing a good chunk of the volume on all markets and everything is decreasing in value this will probably take some time to take off. Now the supply is a little ridiculous and very misleading I do agree with that. I also agree that volume has to come up eventually or the coin is going to inevitably face de-listment and that will be a disaster. I've turned my bot loose on the market to try and help keep it afloat but im not a whale and a coin like this you need some serious BTC to keep it alive so idk what else to do besides spread the word but everyone I know is turned off by the lack of volume.

[legion_miracle]

I do not understand. In the official anouncement they say the maximum supply is 10 billions.
But already we have 32 billions coin.
What is the explaination ?

because the dev didnt told the truth that it will surpass  max supply 10 billion . he had more the 500 million and the staking rate was/is  2.2 percent daily. its lots of staking on daily basis. so he didnt bother to tell us and i believe almost nobody checked the source code. every body believe him... I thought the same  that it will not be more than max supply 10 billion

lol this is takeover project and this dev didnt know the fact, some information was from last dev.

lol ..you sure about that//!DarkStar1O9  didnt knew the facts... well when he is staking daily 350 million inflation coin... i guess he just became the greed man

Is he the reason there is such a big drop in price? I don't understand how a coins goes from 800% to 80% and decreases in value. It should increase because it is more rare and the staking rate has slowed down so much.

first reason is Bitcoin price fast rise. Where alot of people convertet they iflt fast to BTC.

Second reason is there were alot of opurtinist who didn care about coin and project but only fast profit. So they sold as soon as Stake rate decreased.

third reason is people have little patience about development of project and are not ready to help out community, so right now there is left mostly loyal stakers who dont sell so there is small volume. I buy more coins slowly,

But if you care about fast profit you are in wrong place. But if you care about coin then look about 2-5 years perspective and you will get nice profit and every one who can help project and community is giving their due to help price a rise and make project succeful, but just siting and doing nothing will not move a price

Thats true plus I mean look at the fact the BCH is stealing a good chunk of the volume on all markets and everything is decreasing in value this will probably take some time to take off. Now the supply is a little ridiculous and very misleading I do agree with that. I also agree that volume has to come up eventually or the coin is going to inevitably face de-listment and that will be a disaster. I've turned my bot loose on the market to try and help keep it afloat but im not a whale and a coin like this you need some serious BTC to keep it alive so idk what else to do besides spread the word but everyone I know is turned off by the lack of volume.

We've got a good group of smart people in this community. I'm sure we can put our heads together and figure this out. obviously the first step is to figure out a way to get back to 1 sat and tear that wall away. If we can get back into 2-3 sat range we will see a substantial increase in volume, but we have to be able to hold it up as some of the "loyal" stakers will quickly begin dumping.

I firmly agree that the price of BTC and the uprise in volume of BCH is a big factor in the price of this coin, as BTC began moving very bullish not long before stake decreased. but with BTC dropping, Segwit 2X back in play, and the fluctuation of money in the market, I think we will see the next alt movement shortly after Nov 16th. In the meantime what can we do to generate some volume....obviously the coin isn't going to die, to many heavy hodlers for that to happen....maybe a 10-1 reverse split of the supply?

[CoinCollector006]

I think the best way to increase the value of IFLT is increase the number of use cases where there the coin may be used: charity, gaming, sports betting, prediction markets, etc. Are there are products or services that can be bought with IFLT coins?On my side still staking IFLT, have a small loss but am undeterred and willing to support the coin in case development picks up again. Is there a Discord channel where investors are congregating?

[zincra]

I think the best way to increase the value of IFLT is increase the number of use cases where there the coin may be used: charity, gaming, sports betting, prediction markets, etc. Are there are products or services that can be bought with IFLT coins?On my side still staking IFLT, have a small loss but am undeterred and willing to support the coin in case development picks up again. Is there a Discord channel where investors are congregating?

and addional to this member can offer goods and services for IFLTs. Such as webdesign, node hosting for different coins, game server hosting. Or selling like PC components or crypto goods, like physical coins, silver and cold bars or other goods. But there is too much coins in active circulation, top 10 holders should hold their coins and increase so price will going to rise.

[KryptoKoll.se]

Maybe it could be a good idea to make some airdrops to spread the coin and get new investors in?

[dellzxd]

so darkstar scammed people ?

[zincra]

so darkstar scammed people ?

lol why you think that? Darkstar have been that who were trying to save this coin. This is not orginal thread

[zincra]

Maybe it could be a good idea to make some airdrops to spread the coin and get new investors in?

At first i dont think its possible without breaking coin . Thouse coins who have been makeing airdrops most of them have writed that on code when they designed coin. So its possible to make givaways so there needs to be writed script what sends coins on different addresses from somobody address. SO if community decides to make give aways it should make donation pool for it. Couse Dev dont need to pay alone from his own pocket couse he didnt get thouse coins free he bought them and staked.

[BitKing3000]

The fact that Novaexchange is closing is also causing the price to drop, as traders sell there instead oif transferring them. I will be glad when all the btc pump and bch pump and exchange closings are finally done.

[MadMac]

Look where the real scams happen, right now that is in the extended Bitcoin family, BTC, BCH and newly since a day BTG. Not even the shit and scamcoins with similar names. And you complain, when a no-name shitcoin does not deliver in a few days whereas the big ripoffs took years to develop? Funky

On a sitenote, IFLT still delivers sweet stakes every day, it's stable in price although very low, but there is nothing much you can lose anyway. So where is the problem? I don't see any.

[striker7334 2.0]

Well how hard would it be to create a parlay like app that would allow ppl to wager IFLT on things like gaming and competition? An example, I'm playing battlefield with a few friends and we setup a parlay pot on the match winner take all. It would need to be multisig compatible so someone could play referee in the match but realistically that should not be that hard of an app to build and it would catch on quick because its not limited to just the video game industry it could be two people playing chess in a park somewhere.  

[the.vlado]

Well how hard would it be to create a parlay like app that would allow ppl to wager IFLT on things like gaming and competition? An example, I'm playing battlefield with a few friends and we setup a parlay pot on the match winner take all. It would need to be multisig compatible so someone could play referee in the match but realistically that should not be that hard of an app to build and it would catch on quick because its not limited to just the video game industry it could be two people playing chess in a park somewhere.  

I like this idea. That will help for coin adoption. To play a game for IFLT. That would be cool!
Is there any coin that support parlay possibility?

[the.vlado]

do you guys think with 80% price gonna fly high now?
Anybody know how many coins total?
And masternode in future?

80% will only slow down price declination.
I am following few coins and I can say that master nodes are giving them fresh money and price will go up.
Don't know what is devs opinion regarding master nodes.

[zincra]

do you guys think with 80% price gonna fly high now?
Anybody know how many coins total?
And masternode in future?

80% will only slow down price declination.
I am following few coins and I can say that master nodes are giving them fresh money and price will go up.
Don't know what is devs opinion regarding master nodes.

Masternodes are suggested in past, but i think masternodes are not good with 80% stakeing rate.  IT could give fast boost on market but it dosend ensure thriving.

[MadMac]

China can be really inspired iflt a room with plenty of long term perspective

Alright, get them onboard!

[BitKing3000]

The price of IFLT is falling faster than the staking rate, whats the deal here?  Eroding the market cap of the coin helps nobody, Im curious why someone would sell coins for less than they purchased them for in the past. The price of the coin is at a record low, is there and end in sight?

[kiddo]

do you guys think with 80% price gonna fly high now?
Anybody know how many coins total?
And masternode in future?

80% will only slow down price declination.
I am following few coins and I can say that master nodes are giving them fresh money and price will go up.
Don't know what is devs opinion regarding master nodes.

Masternodes are suggested in past, but i think masternodes are not good with 80% stakeing rate.  IT could give fast boost on market but it dosend ensure thriving.

True, maybe the masternodes will be implemented after the halving at 8% and to give the masternodes something like 2x or 3x the amount of normal POS.

[CryptoGrinder]

The price of IFLT is falling faster than the staking rate, whats the deal here?  Eroding the market cap of the coin helps nobody, Im curious why someone would sell coins for less than they purchased them for in the past. The price of the coin is at a record low, is there and end in sight?

In my opinion the issue is that the price has dropped below one sat.

Anything below one sat has an artificial pressure against it... it is harder to buy with Bitcoin and that alone makes it uninteresting.

We either dig back to 1 sat or languish, I'd hazard to guess.  If you have a ton of these, it might be worth it to actually buy more... haha!