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Author Topic: [ANN] FlutterCoin FLT Proof Of Transaction Cash Back for Sending & Recieving  (Read 367567 times)
freshmeat
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April 22, 2014, 04:20:06 PM
 #3321

In approx 3 days : 1250 FLT / Blocks
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April 22, 2014, 04:30:35 PM
 #3322

Thank - So how many coins in total are expected then? What will the total supply be?
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April 22, 2014, 04:32:30 PM
 #3323


i think , approx 200 M

ask to "Thekidcoin" for exact number
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April 22, 2014, 04:35:05 PM
 #3324

Thank - So how many coins in total are expected then? What will the total supply be?

i think , approx 200 M

ask to "Thekidcoin" for exact number

SPECIFICATIONS
Scrypt Algo
Earn Flutter Coins through Proof-Of-Work, Proof-Of-Stake, or Proof-of-Transaction mining.
There is no maximum number of coins, though roughly 224 million coins will be produced through POW

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April 22, 2014, 04:39:08 PM
 #3325

Thank - So how many coins in total are expected then? What will the total supply be?

i think , approx 200 M

ask to "Thekidcoin" for exact number

SPECIFICATIONS
Scrypt Algo
Earn Flutter Coins through Proof-Of-Work, Proof-Of-Stake, or Proof-of-Transaction mining.
There is no maximum number of coins, though roughly 224 million coins will be produced through POW


thanks , so 224 M
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April 22, 2014, 04:50:27 PM
 #3326

FLT Community Press Release Project

Everyone here already knows the benefits of FlutterCoin so I won’t list them all. However, in the press release I want to point out FlutterCoin is not an ordinary cryptocurrency, It is more…

FlutterCoin is a Scrypt Proof-of-Work/Proof-of-Stake hybrid, with a twist : there is also something called Proof-of-Transaction (PoT) mining. This does mean you can earn FlutterCoins through any of the three aforementioned methods..

I am going to schedule the release in April 25th. Once the press release is live the community can start posting links to the release everywhere we can.

I am going to use my own money to pay the writer and the press release distribution service. The writer charges approximately $80 depending on how many words,  and the press release service charges $499+ to distribute to financial websites including Yahoo! Finance, Bloomberg, and the Wall Street Journal to name a few.


If you guys want to contribute and help with the cost you can send contributions here: F6ackpdyFV76U23bUdgCMRVy4J636Ccmq9

Don't forget , in 3 days too

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April 22, 2014, 06:37:33 PM
 #3327

What percentage is proof of stake and what time is required for stake to start and how this works, please?

30 Day maturation time from what I've gathered. No idea on percentage would assume 1% Annual since that is the most common.
5%

5% in 30 days? How much thats in a year?
Today I PoS mined 554 FLT from old 4210 FLT block (5. Mar). Thats about 13% in 48 days.

Can you update the original post to clarify this?
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April 22, 2014, 07:03:59 PM
 #3328

What percentage is proof of stake and what time is required for stake to start and how this works, please?

30 Day maturation time from what I've gathered. No idea on percentage would assume 1% Annual since that is the most common.
5%

5% in 30 days? How much thats in a year?
Today I PoS mined 554 FLT from old 4210 FLT block (5. Mar). Thats about 13% in 48 days.

Can you update the original post to clarify this?
POS doesn't work that way, its a minimum 5%, its not a set 5%.  Its possible to mint more than 5%...  A number of factors come into play including coin age (your coins are between the min and max coin age), number of coins,

You can't earn a reward every 30 days, you earn a reward for the minimum 30 days and after 90 days the coin ceases to age (no rewards)

1MYL967PR52xiNtqSP9WphRvPzKZDjBdxn
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April 22, 2014, 07:08:07 PM
 #3329

What percentage is proof of stake and what time is required for stake to start and how this works, please?

30 Day maturation time from what I've gathered. No idea on percentage would assume 1% Annual since that is the most common.
5%

5% in 30 days? How much thats in a year?
Today I PoS mined 554 FLT from old 4210 FLT block (5. Mar). Thats about 13% in 48 days.

Can you update the original post to clarify this?
POS doesn't work that way, its a minimum 5%, its not a set 5%.  Its possible to mint more than 5%...  A number of factors come into play including coin age (your coins are between the min and max coin age), number of coins,

You can't earn a reward every 30 days, you earn a reward for the minimum 30 days and after 90 days the coin ceases to age (no rewards)
Interesting Respect .
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April 22, 2014, 07:43:53 PM
 #3330

small uptrend, fine, fine  Smiley

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majorminers
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April 22, 2014, 08:03:36 PM
 #3331

New FLT mining pool... http://flt.majorminers.com/

Join the party  Grin

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April 22, 2014, 09:07:02 PM
 #3332

New FLT mining pool... http://flt.majorminers.com/

Join the party  Grin

Thank you for not using a huge logo and announcement that clutters up the thread.  I scroll past those but took notice of yours (I don't have mining gear so I can't join but wanted to acknowledge your courteous and low key announcement Smiley ).
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April 22, 2014, 09:14:49 PM
 #3333

New FLT mining pool... http://flt.majorminers.com/

Join the party  Grin

Thank you for not using a huge logo and announcement that clutters up the thread.  I scroll past those but took notice of yours (I don't have mining gear so I can't join but wanted to acknowledge your courteous and low key announcement Smiley ).

My pleasure Mike. I feel the same way about the huge pics  Grin

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April 22, 2014, 09:36:37 PM
 #3334

New FLT mining pool... http://flt.majorminers.com/

Join the party  Grin

Thank you for not using a huge logo and announcement that clutters up the thread.  I scroll past those but took notice of yours (I don't have mining gear so I can't join but wanted to acknowledge your courteous and low key announcement Smiley ).

My pleasure Mike. I feel the same way about the huge pics  Grin

But, but... if we don't have an endless supply of announcements with needlessly large and colorful text, silly memes, promotional pictures with the fluttercoin icon on it, trolls FUDing, fanboys anti-FUDing, market updates, speculators speculating, newbies asking the same questions over and over again, and supporters saying the same things other and other again, how will we ever get this thread to have as many pages of useless information as other coins!?  Roll Eyes
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April 22, 2014, 10:06:38 PM
 #3335

Digging a little more, over the span of about 2 hours when the price went from about 1400  to  1200 I got curious who was selling all this coin so I snapshotted the top 100 balances at both ends of the period.

Out of all the top 100 addresses, only the following changed balances in any way, and did so in the following amounts:

Address                            |   Start bal   |  Ending bal   |  Gain/Loss/Consolidation
------------------------------------------------------------------------------------------
FEpZtC6JHLprKLeczimSV5bzkTHADrDDz5 | 20250000 flt  |  20200000 flt | Loss 50,000
FCB69kf2XQ2MGvu3zBgVZJvJecU93jTE9p |  6617998 flt  |   6572479 flt | Loss 45,519
F9DRvQqbohVZt3PkUEP9qsGWh75iM5vjTC |  5802746 flt  |   5817794 flt | Gain 15,048
FCmTwSDpu3zUUUCSnmJPhY6rdP5sksb7Sw |  1655647 flt  |   1640543 flt | Loss 15,104
FTUWqgKpuCtoTAkziD1Vrni5JVX2dMcDC4 |  1583417 flt  |   1543417 flt | Loss 40,000
FGwQ5aDA6CKh5nXv4C5SupvX9eLsHydJtQ |  1350000 flt  |   1360000 flt | Gain 10,000
FG8iHJAVpUFWbRokD3RmscPmGys2tyaqoK |   571125 flt  |   1273224 flt | CIn 702,099 (consolidation in from 2 addresses below)
FFfHe4ktvbCns2g6RhYgadLiprdfBGkKvQ |   606228 flt  |    606780 flt | Gain 553
FCWeGgLYpgg7hBKYTihC8nYNv3rkpyE2xM |   401998 flt  |         0 flt | COut 401,988 (consolidation out to other address)
FTc4p1ch5XxSSwxsRrZ38ENkeoETWVi3mW |   396249 flt  |    466249 flt | Gain 50,000
FV2J39sgF8YMnQuboJhwPuNQbtiuuEYiFX |   300099 flt  |         0 flt | COut 300,099 (consolidation out to other address)
F9CtShEbXvjM7VxRnccmnJ6K5JgKkvDxKQ |   257500 flt  |    267500 flt | Gain 50,000

None of the other top 100 address balances changed at all apart from these few.   The rest stayed exactly the same.  I used this tool  to  get balances:  http://agran.net/flt_getbalance.php?top=1000  (I only tracked the top 100, maybe there was more action lower than that but I am only interested in what large stakeholders are doing under these 'panic' situations and predictably, they are doing nothing much at all Smiley  )

My take on this is

1. that very few large holders are selling off right now, and if so it is in very small amounts relative  to  their balances. 
    The only large losses appear  to  be address consolidation. 
    The rest of the losses seem  to  be offset somewhat by gains elsewhere (winners getting cheap coin from losers  Wink )

2. The net selloff volume from 1400 to 1200 was a total of about 30 BTC's worth on Mintpal and Cryptsy combined.   
    This is a tiny, tiny fraction of the entire amount of Flutter in circulation (about 2,200 BTC equivalent). 
    That means there's only a few people - my guess is 10 ot 15 at most - who are actually making the market value change at all through dumping (or pumping for that matter).   
    Almost 99% of the FLT in circulation is not participating in this price fluctuation in any way. 

After the panic sell down to 10, do you think we've hit bottom?  I'm expecting a level price for the day and buying pressure to begin tomorrow or the day after.
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April 22, 2014, 10:46:59 PM
 #3336

Topped up today,
consolidation period looks like a good opportunity.
Hopefully we get more people talking of this coin soon though.
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April 23, 2014, 12:07:22 AM
 #3337

Wow, punished big-time minutes after buying. How rude Sad
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April 23, 2014, 01:23:36 AM
 #3338

What 's the next step..Show some news and make the price up!!!!
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April 23, 2014, 02:21:46 AM
 #3339

What 's the next step..Show some news and make the price up!!!!

next step it gona booom Smiley , on serious note we doing very good , the coin on uptrend with really good distribution even though the halving and multipool is not here yet .
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April 23, 2014, 07:14:29 AM
 #3340

Beta testing slots for the Multipool are still available. If interested please email Beta@fluttercoinpool.com with your mining information.
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