[ANN] FlutterCoin FLT Proof Of Transaction Cash Back for Sending & Recieving

[ofeefee]

Is the github updated?

Github - /ofeefee/fluttercoin is latest.  v0.4.5.10

Windows build - https://www.dropbox.com/s/9srurzncjb5hpcc/fluttercoin-v0.4.5.10.zip

[1714679889]

1714679889

[1714679889]

1714679889

[1714679889]

1714679889

[ofeefee]

Payments to BlockExperts for FLT explorer, which is awesome by the way!

50k -> b2a0cc85f14f40b7dc5eae0bedbc0fd5ae97f4ee1246213f3f46d55cfa1fa4f7
http://blockexperts.com/flt/tx/b2a0cc85f14f40b7dc5eae0bedbc0fd5ae97f4ee1246213f3f46d55cfa1fa4f7#

25k -> 0cac2a1dc7e087b02073b8b9505051e21d5866b2707d9db1e6dc882274808865
http://blockexperts.com/flt/tx/0cac2a1dc7e087b02073b8b9505051e21d5866b2707d9db1e6dc882274808865#

http://chainz.cryptoid.info/flt/address.dws?FBLEVHFVKGtSHLL9JNxKTuyxrdxAwavd4f.htm

Thank you!
--o

[dekdek]

Register at http://fluttercointalk.com/  

[tekke]

Well it is good to see the coin going up again, I bought a bunch between 130-230 Sats , I sold some of the coins to break even at 268, and kept the rest , hoping to see better prices 

[soltantgris]

Hey guys,

Please make sure you use the new windows client : https://www.dropbox.com/s/9srurzncjb5hpcc/fluttercoin-v0.4.5.10.zip

For any question, the better is to join the skype group (or the newly hangout group). 

We will start a new thread and close this one soon to help everyone to be on the good chain.

Thanks

[soltantgris]

Oh and as many one told me (), everyone should keep the minimum on exchanges, and profit from staking in the wallet.  No need to have 1 000 000 FLT on exchange when you just day trade 100 000 FLT max. 

Exchanges owners stake FLT then dump it on the market.  I do prefer us to benefit from staking, not the exchanges !!!

PS: As a side note - as I always says, I would encourage you to daytrade FLT if you are comfortable with it.  It give us visibility via volume - and hey, a little profit is nice to get no ?  Just avoid trading too much imo (you don't want to miss the train).

For my part - I use to daytrade 5-10% of my FLTs.  And I mostly use profit to fund bountys.

+++++++++++++++++++

Last word, some of you don't know, but Ofeefee is working like a demon with the code and all.  We once offered him some FLT, he "refused" it, created a FLT Bounty Fund and put in it.  It's admirable - but I realy want him to accept personnaly a donation. 

So Ofeefee, we do want to thank you for all this dedicated work, and ORDER you (lol) to accept 300 000 FLTs from the FLT Bounty Fund.  Nobody deserve it more the you.  Please do so - and keep your good work and mood going man !

[soltantgris]

For my part - I use to daytrade 5-10% of my FLTs.  And I mostly use profit to fund bountys.

You daytrade 150.000 to 300.000 fluttes?
That's a lot.

That depend of the market.  When its down, I just buy.  When its up, I just hold.  When its relatively stable, I day trade.  It is good practice for the coin (keep volume up, full the bookorders, allow people to buy or sell more FLT at a time without influencing the price too much, and giving me profits to work on).  We should not forget that Fluttercoin purpose is to be used.  It is why I do push to get an integrated marketplace : that would allow PoT to apply on trading.

+++

And someone pointed to me that MINTPAL exchange publicly said that they are NOT staking coins except if devs ask to.  So there is no reason to think they stake FLT.

That being said, they have nearly 30% of the FLT (if my infos are right), that is a LOT.  I would strongly recommend everyone to cashout out a huge % of FLTs and stake it using the latest client.  Using the new client is mandatory !  Fork issue will vanish if you all use this client - and we then will move on.

[pille]

but unfortunately we cannot cash out from mintpal atm.

how to join skype?

[soltantgris]

but unfortunately we cannot cash out from mintpal atm.

how to join skype?

Just PM your Skype ill add you now.

[soltantgris]

That depend of the market.  When its down, I just buy.  When its up, I just hold.  When its relatively stable, I day trade.  It is good practice for the coin (keep volume up, full the book orders, allow people to buy or sell more FLT at a time without influencing the price too much, and giving me profits to work on). 

If we all did this, we would hold down the price.
Maybe this is the reason FLT never fly? Everyone are selling and buying back over and over again.
Ultimate result is prise will fall, like its doing now and will continue to do.
If everyone would stop this for a day or two the price would go up.

For every buyer, it is a seller.  Why price would go up if no one sell ? 

You should stop looking at the price and look at the overall picture.  What is volume ?  People sell-buying.  Say I want to buy 5 000 000 FLTs.  How can I now ?  I would drive up the price as hell.  Same if someone need to sell FLT to pay for the car.  He will lower the price as hell.  With volume, we get a healthy market, where whale can not move the market so easily.  If I want to pump FLT price, how much it would cost me ?  Like, 3-4 BTC ?  Volume IS healthy !  Look at Bitcoin.  To drive the price up or down, we do need tons of BTCs.  And stability is good for business, for investors.  And when business and investors enter the show, price goes up. 

So no matter the actual average price - daytrading is healthy for the coin.  Its the way to avoid being raped by whale. 

Price will go up when we gain investors confidence, when we get business using FLT, when we release new features.

Price will go down when we fail at it.

We do need A LOT of traders !  They are welcome. 

I do respect those holding as hell - and in fact, the biggest FLT wallet is with us in the FlutterCoin Skype group, and hes just unable to sell any FLT .

++++++++

If any of use day trade says 10% of their FLTs, and stake 90% on the right chain, we will have a fast increase in value, I bet my house on it.

[slax0r]

Fluttercoin has the three concepts that are supposed to keep it moving along.

Proof Of Work - bringing new coins in to the economy

Proof Of Stake - rewarding coin holders for holding coins for a while, which in theory should keep the price up as supply and demand factors come in to play

Proof Of Transaction - A small reward for spending coins and putting them back into circulation


The two challenges you have there is that 1) Day traders who are just gaming the market for profit, so there is no staking going on because the cycle is too short.  On the opposite side of that are the buy/mine and holders that hoard coins and just sit on them and wait for the price to go up so they can cash out.

Not really surprising though because its the same problem with the USD and other capitalist economic systems where money is meant to always be in circulation and NOT hoarded by the 20% that just socks it away and keeps it out of circulation.

[nrdmtt]

There is something strange/wrong with the new explorer. One of my wallet show a wrong coin amount, there are two wrong output TX.

https://i.imgur.com/j0dZXLhl.jpg

[blockexperts]

There is something strange/wrong with the new explorer. One of my wallet show a wrong coin amount, there are two wrong output TX.

That is PoS, does you wallet balance match ?

[nrdmtt]

There is something strange/wrong with the new explorer. One of my wallet show a wrong coin amount, there are two wrong output TX.

[IMG]

That is PoS, does you wallet balance match ?

My wallet, that is synced with the same chain of the explorer show the right amount, roughly 101K with about 6k of POS coins

[nrdmtt]

Is the github updated?

Github - /ofeefee/fluttercoin is latest.  v0.4.5.10

Windows build - https://www.dropbox.com/s/9srurzncjb5hpcc/fluttercoin-v0.4.5.10.zip

This is not working for me, the old one was working.
After 12 hours syncing its stuck and frozen.
I will downgrade this again.

Which .conf are you using? Try with this one while syncing:

rpcuser=username
rpcpassword=password
rpcallowip=127.0.0.1

noirc=1
listen=1
dnsseed=1
server=0

connet=54.84.46.196
connet=87.98.188.77
connet=54.215.241.255
connet=50.147.45.28
connet=54.84.46.196
connet=87.98.188.77
connet=54.215.241.255
connet=50.147.45.28

The process is just a little bit slow, but my wallet is now synced (I Hope).

[ofeefee]

Is the github updated?

Github - /ofeefee/fluttercoin is latest.  v0.4.5.10

Windows build - https://www.dropbox.com/s/9srurzncjb5hpcc/fluttercoin-v0.4.5.10.zip

This is not working for me, the old one was working.
After 12 hours syncing its stuck and frozen.
I will downgrade this again.

if your old client was in sync, you just replace the exe, no need to resync.  I just synced 4.5.10 from 0, synced right up.

Sync up on 4.5.7 if you want, then load 4.5.10, been using it since release, on 4 personal systems so far, all working perfectly.  Have old one running too, only reason it's in sync is manual checkpoints, which I'm not going to keep doing this forever...

and it looks like Mintpal is up again, testing a transfer from there to my wallet now, EDIT:  just arrived...oh and I have bacon wrapped pork chops in the oven for dinner!

[jpmi11]

Hello I would like added to the skype group please pm me for username.

Also does anyone know if my wallet has to be open and running to stake my fluttercoins or can the wallet be closed?

[ofeefee]

Hello I would like added to the skype group please pm me for username.

Also does anyone know if my wallet has to be open and running to stake my fluttercoins or can the wallet be closed?

Coins have to mature to be eligible to stake, this is 30 days (means these coins cannot move for 30 days)

Once you have coins that are mature, you have to open your wallet, and unlock (encrypted).  Once they stake, you can close wallet until next 30 days, or the next time you have coins that are mature.  I open mine about 4-5x a month, a lot more recently, but you don't need to keep it open all the time, but it is good for the network to allow people to sync with you.



Speaking of the network this is the latest off of clients connected to http://chainz.cryptoid.info/flt/ - Great Job!  This is up from 24% earlier today!
/Satoshi:0.7.5.7/   70009   57   57.6 %   
/Satoshi:0.7.5.7/   70010   41   41.4 %   

I believe Mintpal and Bittrex are on 4.5.10 now (cryptsy we need you to update soon as you can)

I know the following are 4.5.10
MultiPool - www.fluttercoinpool.com
DNSSeed - Four servers on the fluttercoin.us domain
Explorer - http://chainz.cryptoid.info/flt/
Explorer - http://blockexperts.com/flt

If you are having issues syncing properly, there are still clients on 4.5.7 that are way off.  I have tested a full sync from 0 and was successful, but others not so much.  If you are in sync, just download 4.5.10, and replace your qt file.  ALWAYS BACKUP your wallets before ANY change and I mean ANY!  I personally backup all my wallets each week, yes i'm paranoid!

https://dl.dropboxusercontent.com/u/107300/fluttercoin-v0.4.5.10.zip is my windows build compiled by Jarrid (Trusted TeamFLT Master Builder)

I also have a PM from slax0r with a MacOSX build if someone is interested in testing it.  I do not have my macbook this weekend unfortunately to do the honors.
PM slax0r for a link to test, let me know how it goes, I really like to have MacOSX builds!

Note: it has been brought to my attention that we should release a client that will ignore the 4.5.7 clients.  If we do this, and you have not upgraded, you will no longer be able to move coins properly.  I would expect this would not happen until the above number gets closer to 80%, but there is no reason to continue on 4.5.7 any longer.

have a great weekend!
--o

[ofeefee]

That depend of the market.  When its down, I just buy.  When its up, I just hold.  When its relatively stable, I day trade.  It is good practice for the coin (keep volume up, full the book orders, allow people to buy or sell more FLT at a time without influencing the price too much, and giving me profits to work on).

If we all did this, we would hold down the price.
Maybe this is the reason FLT never fly? Everyone are selling and buying back over and over again.
Ultimate result is prise will fall, like its doing now and will continue to do.
If everyone would stop this for a day or two the price would go up.

That being said, they have nearly 30% of the FLT (if my infos are right), that is a LOT.  

One sites holds 30% of all flt coins and at same time disable all withdrawals, it's like holding the coin hostage!
Why are they doing that? If I want to transfer my 300k to my personal wallet what gives the the right to refuse?
And at the same time stake my coins so they can benefit from it?
Image if one bank would hold 30% of all the world $ and refuse people to deposit or withdraw, and at the same time they would get interest on all the $.

It's not that they are holding your coins hostage.  They are aware of an issue that might impact the transfer for whatever reason.  That is a GOOD thing, otherwise you cannot provide a transID and expect it to get to where it's going.  Mintpal is doing you a favor, thank you is in order!

[buckminer]

Windows 7, 64 bit. the new wallet crashes once it launches. Any ideas? Is there an older version I can use?