slaphapii
Newbie
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Activity: 21
Merit: 0
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April 15, 2014, 08:37:21 AM |
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Pump is over, coin going to drop like crazy. Get ready kids.
it might drop a little, but not like crazy. it's still low priced compared to what it will be in a few weeks. the first halving hasn't even happened yet. This kind of volume isn't a pump Yeah, personally I'm holding, and my plan is to hold for at least 4-8 weeks. My thinking is that in the same way that Litecoin emerged as the leading Scrypt coin, there is now a movement towards PoS coins and I think that Fluttercoin, with PoS and PoT, may hit the sweet spot. PoW in the interim, with short halvenings, should help stoke interest, and PoT is a nice little innovation to help distinguish the coin from the PoS field. It would be REALLY nice if every day was like yesterday, but obviously that can't happen. But there are some strong fundamentals here. Value spikes will come and go in the short term, but I'm confident the medium-term trajectory will be good. Sittin' tight ... |
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"Bitcoin: mining our own business since 2009" -- Pieter Wuille
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maxsinner
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April 15, 2014, 08:47:46 AM |
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Pump is over, coin going to drop like crazy. Get ready kids.
it might drop a little, but not like crazy. it's still low priced compared to what it will be in a few weeks. the first halving hasn't even happened yet. This kind of volume isn't a pump Yeah, personally I'm holding, and my plan is to hold for at least 4-8 weeks. My thinking is that in the same way that Litecoin emerged as the leading Scrypt coin, there is now a movement towards PoS coins and I think that Fluttercoin, with PoS and PoT, may hit the sweet spot. PoW in the interim, with short halvenings, should help stoke interest, and PoT is a nice little innovation to help distinguish the coin from the PoS field. It would be REALLY nice if every day was like yesterday, but obviously that can't happen. But there are some strong fundamentals here. Value spikes will come and go in the short term, but I'm confident the medium-term trajectory will be good. Sittin' tight ... This coin still has almost zero recognition outside of the crypto community. If it can get in the media in some way and have more people discover it, then really the sky is the limit. I look at Litecoin and I look at Fluttercoin and you know what? Flutter is a much superior coin! It just needs a small marketing push and it will blow almost any other coin away. |
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YoyodyneSystems
Legendary
Offline
Activity: 1386
Merit: 1023
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April 15, 2014, 08:51:14 AM |
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From 150 satoshi to 800. Not a bad start.
Now a much more calm rise back to 2700 peak and past it this week.
edit - oh look! 10 BTC in buy walls around 800 satoshi.
Hope you didn't sell today with the drop. Your tears will feed us.
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grifta
Newbie
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Activity: 8
Merit: 0
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April 15, 2014, 08:57:54 AM |
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it's the 10's that are what's being staked. kidcoin said there was some code from peercoin or novacoin or something, that limited the stake to 10 coins. it's been corrected with this newest updated. basically us early adopters aren't getting much stake until the new software goes into effect on the 19th.
So the tens are my coins being sent out to be staked and will at some point return with generated interest? I know some articles have been posted about POS, but I get kind of overwhelmed with the terminology and don't end up making much sense of it in the end. So now to my understanding: 1. Coins enter your wallet 2. 30 "coin days" pass and those coins become matured 3. you unlock your wallet and staking begins 4. coins leave your wallet (is it per block? based on your network weight? how many will go out at a time with the update on the 19th?) 5. a certain amount of time passes and coins return with 5% (?) interest 6. coins must wait 30 more coin days to be staked again? A lot of that is guess work, based off of things I've read in this thread. Please correct me if I'm wrong. Maybe I'll go take another look at the technical sheets and see if I can answer some of my own questions. |
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maxsinner
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April 15, 2014, 09:00:56 AM |
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it's the 10's that are what's being staked. kidcoin said there was some code from peercoin or novacoin or something, that limited the stake to 10 coins. it's been corrected with this newest updated. basically us early adopters aren't getting much stake until the new software goes into effect on the 19th.
So the tens are my coins being sent out to be staked and will at some point return with generated interest? I know some articles have been posted about POS, but I get kind of overwhelmed with the terminology and don't end up making much sense of it in the end. So now to my understanding: 1. Coins enter your wallet 2. 30 "coin days" pass and those coins become matured 3. you unlock your wallet and staking begins 4. coins leave your wallet (is it per block? based on your network weight? how many will go out at a time with the update on the 19th?) 5. a certain amount of time passes and coins return with 5% (?) interest 6. coins must wait 30 more coin days to be staked again? A lot of that is guess work, based off of things I've read in this thread. Please correct me if I'm wrong. Maybe I'll go take another look at the technical sheets and see if I can answer some of my own questions. Coins don't leave your wallet, you just get the stake in. |
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grifta
Newbie
Offline
Activity: 8
Merit: 0
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April 15, 2014, 10:11:16 AM |
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Okay I think I'm starting to grasp this POS. Based on the white paper on Peercoin's site I've determined that:
- When you stake your mature coins you generate a new block similar to a POW block, but not entirely
- Based on how long your coins have been maturing, your wallet mines this stake block at a rate proportional to the age of your maturing coins
- Coins that have matured for twice as long will mine the stake block twice as fast, three times as long three times as fast etc.
- Having your wallet unlocked and open 24/7 is not crucial as coins that have matured for an extra day or week will mine the stake block faster, commensurate to their "Coin Age" (time they have been maturing)
- When staked, your coins get sent to yourself and they are essentially "reborn" and assigned a coin age of 0
Things I have not been able to glean or am unsure of from the paper:
- If there are twice as many coins being staked, does my total matured coin age have less weight? Is this where network weight comes in?
- The amount of coins you can gain from POS is not so much based on the number of coins you have to stake as the sum of their coin age
- What will change with the new software coming on the 19th? I don't understand how being able to stake more coins at a time will make a difference if they all get staked eventually. Is it because your wallet has to solve each stake block before moving on to the next and so it is just a matter of efficiency?
- The transactions I've seen related to staking have all been 10.00 coins mined. I assume this is the coin reward for solving a POS block?
Forgive me if some of this has been discussed previously in the thread. It's easy to miss things even when you read 90% of new posts and it can be very tedious sorting through 125 (!? how did that happen haha) pages of posts.
Also I just want to say thank you to KidCoin for being such a dedicated, untrollable dev and to the rest of you guys and girls for all of your contributions and hard work making this coin and community thrive.
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maxsinner
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April 15, 2014, 12:39:28 PM |
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FLT 24 Hr Volume 1321.642 BTC and this is just on Mintpal.
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deamon
Full Member
Offline
Activity: 168
Merit: 100
yes!?
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April 15, 2014, 01:33:46 PM |
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FLT 24 Hr Volume 1321.642 BTC and this is just on Mintpal.
yes, thats a realy nice entrancevolume |
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Collegestudent
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April 15, 2014, 01:52:19 PM |
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Pump is over, coin going to drop like crazy. Get ready kids.
it might drop a little, but not like crazy. it's still low priced compared to what it will be in a few weeks. the first halving hasn't even happened yet. This kind of volume isn't a pump Yeah, personally I'm holding, and my plan is to hold for at least 4-8 weeks. My thinking is that in the same way that Litecoin emerged as the leading Scrypt coin, there is now a movement towards PoS coins and I think that Fluttercoin, with PoS and PoT, may hit the sweet spot. PoW in the interim, with short halvenings, should help stoke interest, and PoT is a nice little innovation to help distinguish the coin from the PoS field. It would be REALLY nice if every day was like yesterday, but obviously that can't happen. But there are some strong fundamentals here. Value spikes will come and go in the short term, but I'm confident the medium-term trajectory will be good. Sittin' tight ... This coin still has almost zero recognition outside of the crypto community. If it can get in the media in some way and have more people discover it, then really the sky is the limit. I look at Litecoin and I look at Fluttercoin and you know what? Flutter is a much superior coin! It just needs a small marketing push and it will blow almost any other coin away. BC didnt get recognition wait for the whales bryce and all to jump in. Bryce has made a mention of FLT at 2000, so hes quielty buying it up and hope you do 2 |
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Delaforetnoire
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April 15, 2014, 02:18:14 PM |
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Peak at 1500 ! Buy buy buy under 1200 !
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aLinkAge
Newbie
Offline
Activity: 26
Merit: 0
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April 15, 2014, 02:53:38 PM |
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Peak at 1500 ! Buy buy buy under 1200 !
We won't go up , weak hands sell and strong hands buy cheap coin. there is no need to go up for now, below 1600 is just fine. sorry. |
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Boyer
Member
Offline
Activity: 78
Merit: 10
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April 15, 2014, 03:21:45 PM |
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Peak at 1500 ! Buy buy buy under 1200 !
We won't go up , weak hands sell and strong hands buy cheap coin. there is no need to go up for now, below 1600 is just fine. sorry. We will soon go up more. Look at this tweet: https://twitter.com/fluttercoin/status/456040821549457409Official announcement regarding Multipool details will be released on Friday. You can expect an innovative design and not just a BC clone  . I'm holding all my coins. Tweaked multipool will be great! |
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freshmeat
Member
Offline
Activity: 98
Merit: 10
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April 15, 2014, 03:54:43 PM |
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Peak at 1500 ! Buy buy buy under 1200 !
We won't go up , weak hands sell and strong hands buy cheap coin. there is no need to go up for now, below 1600 is just fine. sorry. We will soon go up more. Look at this tweet: https://twitter.com/fluttercoin/status/456040821549457409Official announcement regarding Multipool details will be released on Friday. You can expect an innovative design and not just a BC clone . I'm holding all my coins. Tweaked multipool will be great! i like this news . W00t i m happy |
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freshmeat
Member
Offline
Activity: 98
Merit: 10
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April 15, 2014, 04:02:18 PM |
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next week is going to be epic , now i m going to play hearthstone ^^
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zwiggelbig
Member
Offline
Activity: 98
Merit: 10
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April 15, 2014, 05:08:24 PM |
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Just got myself 130000 flutter coins babe
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jeroentie
Member
Offline
Activity: 79
Merit: 10
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April 15, 2014, 05:32:29 PM |
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fluttercoin on cryptsy + block pay out is halving in 2 days ,multipool is coming soon, mega trading volume, i have seen this before... yeah ,to da moon
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aLinkAge
Newbie
Offline
Activity: 26
Merit: 0
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April 15, 2014, 05:35:36 PM |
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fluttercoin on cryptsy + block pay out is halving in 2 days ,multipool is coming soon, mega trading volume, i have seen this before... yeah ,to da moon
we won't go over 1600 in the near two weeks, and for me, that's a good thing. |
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freshmeat
Member
Offline
Activity: 98
Merit: 10
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April 15, 2014, 05:42:16 PM |
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fluttercoin on cryptsy + block pay out is halving in 2 days ,multipool is coming soon, mega trading volume, i have seen this before... yeah ,to da moon
we won't go over 1600 in the near two weeks, and for me, that's a good thing. why ? |
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aLinkAge
Newbie
Offline
Activity: 26
Merit: 0
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April 15, 2014, 05:46:30 PM |
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fluttercoin on cryptsy + block pay out is halving in 2 days ,multipool is coming soon, mega trading volume, i have seen this before... yeah ,to da moon
we won't go over 1600 in the near two weeks, and for me, that's a good thing. why ? sub 1600 coins are cheaper to buy, and one can buy a lot. |
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seattletu
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April 15, 2014, 06:42:19 PM |
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fluttercoin on cryptsy + block pay out is halving in 2 days ,multipool is coming soon, mega trading volume, i have seen this before... yeah ,to da moon
we won't go over 1600 in the near two weeks, and for me, that's a good thing. Lol 1600 will get blown right by in just a few days. |
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