thekidcoin (OP)
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FlutterCoin Developer
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March 31, 2014, 02:24:20 PM |
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Not sure why this slipped my mind, but remember: once POS blocks start, the number of total coins decreases. A POS block is a block, and its a block that generates no full POW reward. So if you have 1000 blocks, and 250 are POS, thats 3,750,000 coins generated (plus whatever small number of coins is generates via POS) - not 5,000,000
This is come into play later in the coins life when more blocks are POS
This contributes to the rarity of the coin vs say a scrypt only coin.
Is this true for all PoS coins or just flutters? All
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1MYL967PR52xiNtqSP9WphRvPzKZDjBdxn
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thekidcoin (OP)
Sr. Member
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FlutterCoin Developer
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March 31, 2014, 02:25:08 PM |
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Since the PoS blocks are fixed difficulty, do they affect the KGW calculations for PoW? I should look at the code for the interactions, but too lazy....
We don't use KGW. POS doesn't effect POW in any way.
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Jesse Livermore
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March 31, 2014, 10:07:33 PM |
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Hey Flutterers, FWIW, a trader (or maybe traders) has been consistently, and I'll say quite professionally, laying down a floor in FLT/BTC over the past 12 hours on Mintpal. The trader(s) has not been chasing prices and is doing this very slowly and methodically with thin volume offered from the ask. And with regards to that thin volume, no sellers of size have really even tried testing this trader's buy-walls yet and every sell that has appeared inside the spread, close to bid, has been bought up easily.
I'll continue watching.
JL
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I own a DASH Masternode.... And you should too.
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seattletu
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March 31, 2014, 10:36:10 PM |
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what does that mean?
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seattletu
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March 31, 2014, 10:41:28 PM |
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there's a multipool that dumps every so often on mintpal. could that be what you are seeing?
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seattletu
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March 31, 2014, 11:08:38 PM |
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i read your post kind of fast without thinking about it too much. i think what you are saying is there's someone on mintpal slowly buying up a lot of coins?
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Jesse Livermore
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March 31, 2014, 11:21:13 PM |
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there's a multipool that dumps every so often on mintpal. could that be what you are seeing?
No, this guy was slowly buying up today and laying down a trail of larger-than-average BTC buy-walls behind him in his path in case prices fall. This guy is basically averaging in at these lower prices. And interestingly enough, as if on cue, a large FLT-seller appeared right after my post, wiped out a couple of the buy-walls, generating the largest volume block of the day, and has apparently now left. Sidenote: I like Flutter's concept and I think it's been unfairly beaten down over the past week. We'll see if that amounts to anything over the next couple days. JL
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I own a DASH Masternode.... And you should too.
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seattletu
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April 01, 2014, 12:37:27 AM |
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yeah like i said on mintpal there is a pool that does a large volume of selling automatically and wipes out a lot of the buy orders on there. usually around 400000 to 700000 coins.
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12345mm
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April 01, 2014, 02:59:32 AM |
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cryptocointools
Full Member
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CryptocoinTools.com
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April 01, 2014, 03:06:47 AM |
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Been working on this since I heard about FlutterCoin a few weeks ago. This is a really great coin and community. Keep it going guys! I hope this helps in some way toward promoting this coin. Feel free to PM me with any questions/comments/etc. ![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fcryptocointools.mediavim.com%2Fwp-content%2Fuploads%2F2014%2F03%2Fcct.png&t=665&c=QbXbWz55Ab23rA) Now available... FlutterCoin Dice @ http://cryptocointools.com/dice/fluttercoin/- Play anywhere between the min (1.00 FLT) and max (100.00 FLT) bet to win FLT
- All transactions are processed after 1 confirmation
- Provably fair game
- 0.01 FLT is sent back for each loss.
- 0.01 FLT is retained from each payout to cover tx fees.
- A new secret hash is generated every 24 hours
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seattletu
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April 01, 2014, 04:16:07 AM |
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yeah i don't see the multi dumps as a problem, i see them as a good way to pick up more coin. i have control of about 4 million fluttercoins (lets face it my girl has no idea what's best for her coins and just listens to my advice) and i keep trying to pick up more. i have a little side biz deal i might be coming into about $25k. I was gonna get a knc miner or maybe 2 but damn the risk involved with the delivery date has me apprehensive. i'll probably just buy a shit ton of coin, including a few million flutter ![Cool](https://bitcointalk.org/Smileys/default/cool.gif)
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seattletu
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 01, 2014, 05:21:51 AM |
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Been working on this since I heard about FlutterCoin a few weeks ago. This is a really great coin and community. Keep it going guys! I hope this helps in some way toward promoting this coin. Feel free to PM me with any questions/comments/etc. ![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fcryptocointools.mediavim.com%2Fwp-content%2Fuploads%2F2014%2F03%2Fcct.png&t=665&c=QbXbWz55Ab23rA) Now available... FlutterCoin Dice @ http://cryptocointools.com/dice/fluttercoin/- Play anywhere between the min (1.00 FLT) and max (100.00 FLT) bet to win FLT
- All transactions are processed after 1 confirmation
- Provably fair game
- 0.01 FLT is sent back for each loss.
- 0.01 FLT is retained from each payout to cover tx fees.
- A new secret hash is generated every 24 hours
i bet in the future you will see a ton of 100% payout on a lot of dice sites. and basically people will run the dice site hoping it will get so big, and a lot of people leave coin in there. essentially becoming a crypto bank. so much competition, it's bound to happen
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seattletu
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April 01, 2014, 05:23:06 AM |
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damn there's a 2,200,000 coin sell at 276 on bter right now.
edit- it got taken down right after it went up. it didn't trade
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sunjingwo
Newbie
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April 01, 2014, 06:18:37 AM |
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ERROR: Reorganize() : ConnectBlock 0000000000d99083dc9c failed InvalidChainFound: invalid block=0000000001c53ed105f9 height=16480 trust=1357938 blocktrust=284 date=2014-3-24 20:28:59 InvalidChainFound: current best=000000000141634a8cd6 height=15553 trust=1120313 blocktrust=290 date=2014-3-23 12:57:06 ERROR: SetBestChain() : Reorganize failed ERROR: AcceptBlock() : AddToBlockIndex failed ERROR: ProcessBlock() : AcceptBlock FAILED received block 0000000000ea96fd303d
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captin crunch
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April 01, 2014, 06:41:13 AM |
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I haven't been by the thread for a while. the coin seems to be doing outstanding. Hats off to Kidcoin, your doing a heel of a job ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Like the new website, looks real nice, very efficient and friendly. Also love the wallet with network notification. makes things very convenient to be alerted of mandatory updates. keep up the good work. I see a bright future for this coin ![Cool](https://bitcointalk.org/Smileys/default/cool.gif)
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seattletu
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April 01, 2014, 06:54:55 AM |
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Thats right, bright future for the coin, so bright u needed a sunglasses smiley ![Cool](https://bitcointalk.org/Smileys/default/cool.gif)
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YoyodyneSystems
Legendary
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April 01, 2014, 09:01:22 AM |
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damn there's a 2,200,000 coin sell at 276 on bter right now.
edit- it got taken down right after it went up. it didn't trade
I think people are reading what we write here. Like when I wrote a few days ago about huge buy walls they got wiped out. Of course they showed up again the next day. But still kinda funny everytime someone here mentions a buy or sell wall it gets changed or eaten. All good. I am just waiting for whoever is buying it all to make their move. That is when I will jump back in. I've been in and out so many times now. Looks like BTC is going up so maybe that will happen this week. Mayyybe.
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seattletu
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April 01, 2014, 09:12:19 AM |
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I think the price will bounce around in the 200 range for a few weeks. Then slowly climb with bitcoin climb
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thekidcoin (OP)
Sr. Member
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FlutterCoin Developer
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April 01, 2014, 06:14:18 PM |
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Fork incoming!
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1MYL967PR52xiNtqSP9WphRvPzKZDjBdxn
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