Halofire
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April 16, 2014, 08:59:02 PM |
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seriously don't miss the boat guys.
Multipool is in dev and this coin is undervalued even with so many miners. Remember these miners will detach during and most after the multipool transition, an many as on the blackcoin pool buying it up to 10,000 and bubble to the moon and back.
+POT: love it, was worried it could be scammed but sounds great, the only coin incentive so far to encourage usage by vendors, especially vendors who sell masses of items cheap
You are correct, until what you say about the vendors 'sell items cheap.' PoT requires 500.00000001 per transaction, so if FLT becomes worth $0.01, items for sale @ $5+ only qualify. China gets left behind since they are kings of cheeeeeeeep '$1 products'. Shipping charges and bulk product orders might take care of this issue. Currently FLT is worth $0.0075 usd, based on 1500 satoshis and BTC valued at $500. As value of FLT increases against fiat, PoT will become harder (edit: more expensive) to hit. Don't get me wrong, I love my FLT and very Pro-FLT, but I'm not sugar-coating anything about any coin. Not to worry... these things will be addresses - POT will need to evolve with the times. I wasn't worried, FLT is still good for everyone now. Actually bought more once you replied. But if it wasn't going to evolve, then FLT would be a ''reward the rich man or vendor" coin. Vendors could still pass the rewards as savings on to the customers if they chose to. I know you are 110% active with the coin, glad you aware and have plans. Question: Can or will the evolution be self-malleable so PoT can fluctuate according to price so we don't run into this again? Or is this something that will always need you or future FLT dev's to change?
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OC Development - oZwWbQwz6LAkDLa2pHsEH8WSD2Y3LsTgFt SMC Development - SgpYdoVz946nLBF2hF3PYCVQYnuYDeQTGu Friendly reminder: Back up your wallet.dat files!!
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g4ndie
Newbie
Offline
Activity: 42
Merit: 0
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April 16, 2014, 09:45:56 PM |
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Does the wallet update itself or do I need to download the latest version myself?
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yogg
Legendary
Offline
Activity: 2464
Merit: 3158
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April 16, 2014, 09:56:52 PM |
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Hi everyone ! :-) I'm happy to announce to the FLT community that we have added Fluttercoin to our dice website : http://flt.altdice.net !It is a dice game like Satoshi Dice. You can win more than 25.000 FLT per single bet ! The game is almost instant (waits for 1 confirmation). Provably fair game. 98% expected return. 2% house edge. Have a try ! Send anywhere from 1 FLT to 23.000 FLT to FPa4kndKMSKct7rcLpUQp5Rx7uyzxZDm7N => This is the 90% odds to win game address. If you win, you get back automatically whatever your bet amount * 1.089. Otherwise, you get 0.01 FLT back to your wallet. Do not play from exchange or web wallets. Come on http://flt.altdice.net and multiply your FLTs ! :-) ( ... and try to hit a PoT block ) I wish you to have a lot of fun and the best of luck.
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YoyodyneSystems
Legendary
Offline
Activity: 1386
Merit: 1023
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April 16, 2014, 10:40:40 PM |
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Another 50% gain today. Went from 1000 yesterday to 1549 on BTER and 1685 on mintpal. If you sell for less than 1500 you have some issues mentally It's doing these prices daily now. I mean that. Like seek help if you enjoy burning money and can't wait 12 hours for someone to pay you 10-50% more. Someone relieve these fools of their sub 1500 coins. It's easy profit. I've been doing it every day for weeks. BTER actually buys up on a 20% premium every night still going on 5 weeks now. Wonder why? Hmmm. Go look : https://bter.com/trade/flt_btcThen look at this : https://www.mintpal.com/market/FLT/BTCEnjoy. $$ Block halving in 3 days as well. Enjoy that too!
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Halofire
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April 16, 2014, 10:49:14 PM |
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Who needs a laugh? https://www.youtube.com/watch?v=-W9cO8W2Aqgsaw this in another thread, had to post. edit: link was from dedicatedpool front-end maintenance screen
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OC Development - oZwWbQwz6LAkDLa2pHsEH8WSD2Y3LsTgFt SMC Development - SgpYdoVz946nLBF2hF3PYCVQYnuYDeQTGu Friendly reminder: Back up your wallet.dat files!!
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thekidcoin (OP)
Sr. Member
Offline
Activity: 308
Merit: 250
FlutterCoin Developer
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April 16, 2014, 11:41:55 PM |
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Does the wallet update itself or do I need to download the latest version myself?
You need to update it LOL download it from page 1 of the thread
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1MYL967PR52xiNtqSP9WphRvPzKZDjBdxn
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kikeda
Sr. Member
Offline
Activity: 364
Merit: 250
Super Smash Bros. Ultimate Available Now!
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April 17, 2014, 01:17:37 AM |
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lol the background looks like flutters logo.
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ning_aric
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April 17, 2014, 01:19:44 AM |
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so popular,lets buy more
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ning_aric
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April 17, 2014, 01:22:21 AM |
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so popular,lets buy more
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YoyodyneSystems
Legendary
Offline
Activity: 1386
Merit: 1023
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April 17, 2014, 01:38:02 AM Last edit: April 17, 2014, 03:37:57 AM by YoyodyneSystems |
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Current Volume for the last 24 hours was $263,000 USD Assume that half buy and half sell in normal trading then total volume needed to eat ALL the coins mined per day if ALL 100% are sold daily is only (until block halving) = $44,000 total volume OR $22,000 SELL volume
Think about this ::::
-- 100% of mined coins per day are NOT being sold daily. At most half are. If even that. So $11,500 likely max SELL volume ($22k total) on daily mined coins. -- On Saturday the number of mined coins will drop by half -- Next Saturday they will drop by half again. -- Multipool coming and other factors such as coin uniqueness
Maybe seems complex but to sum it up : At these volume levels and upcoming block halving the price cannot be held down by mined coins
And that is why the price has been rising and there is no shortage of smart and endless buyers.
Current Network Hashrate of top 3 scrypt coins in the World and market cap
1 - Litecoin -- 159.91 GH/s - $360M cap 2 - Dogecoin -- 75.42 GH/s - $50M cap 3 - Fluttercoin -- 12.07 GH/s - $1.1M cap
And FLT has already been as high as 20 GH/s
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seattletu
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April 17, 2014, 02:17:18 AM |
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i think it will stabilize around 1800 before and after the first block halving. and it will stay near there until 7 days later at the second block halving. 2300 after the second block halving is my guess. after that, i'm not sure.
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virtualfaqs
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April 17, 2014, 03:16:55 AM |
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Current Volume for the last 24 hours was $263,000 USD Assume that half buy and half sell in normal trading then total volume needed to eat ALL the coins mined per day if ALL 100% are sold daily is only (until block halving) = $44,000 total volume OR $22,000 SELL volume
Think about this ::::
-- 100% of mined coins per day are NOT being sold daily. At most half are. If even that. So $11,500 likely max SELL volume ($22k total) on daily mined coins. -- On Saturday the number of mined coins will drop by half -- Next Saturday they will drop by half again. -- Multipool coming and other factors such as coin uniqueness
Maybe seems complex but to sum it up : At these volume levels and upcoming block halving the price cannot be held down by mined coins
And that is why the price has been rising and there is no shortage of smart and endless buyers.
Fluttering to the Moon!
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fedmahnkassad
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April 17, 2014, 05:01:40 AM |
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My wallet started staking but now auto-closes each time I tried to run it, any ideas what might be the problem?
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binaryclock
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April 17, 2014, 05:31:20 AM |
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Dedicatedpool has updated to the latest fluttercoin wallet To the moon FLT.DEDICATEDPOOL.COMMining Information- Custom stratum/mpos environment
- Vardiff enabled
- PPNLS payout system
- Everything is transparent - blocks, donations, fees.
Server Infrastructure- SIX(6) SERVERS IN CLUSTER
- DDoS level 7 cloudflare, 5 and 3 stratum, and level at 1 switch level
- 8 Core servers, 256GB DDR3 RAM, RAID 10 SSD
- Ramdisks, memcaches, to make things go extremely quick
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DEDICATEDPOOL.COM
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niothor
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April 17, 2014, 05:32:45 AM |
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i think it will stabilize around 1800 before and after the first block halving. and it will stay near there until 7 days later at the second block halving. 2300 after the second block halving is my guess. after that, i'm not sure.
Usually the markets already price in the block halving , just like it happened before in the case of doge. There will be no miraculous rocket the moment the reward is cut.
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thekidcoin (OP)
Sr. Member
Offline
Activity: 308
Merit: 250
FlutterCoin Developer
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April 17, 2014, 05:37:03 AM |
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My wallet started staking but now auto-closes each time I tried to run it, any ideas what might be the problem?
Could be an issue with the block index, try deleting the index and re-downloading. Saw it before with another coin and that was the fix. Likely you would see it crash running the daemon as well.
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1MYL967PR52xiNtqSP9WphRvPzKZDjBdxn
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fedmahnkassad
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April 17, 2014, 05:38:53 AM |
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My wallet started staking but now auto-closes each time I tried to run it, any ideas what might be the problem?
Could be an issue with the block index, try deleting the index and re-downloading. Saw it before with another coin and that was the fix. Likely you would see it crash running the daemon as well. Deleted the whole folder and re-downloaded but I am getting the same problem. Is the block index located perhaps some place else?
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seattletu
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April 17, 2014, 05:45:02 AM |
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i think it will stabilize around 1800 before and after the first block halving. and it will stay near there until 7 days later at the second block halving. 2300 after the second block halving is my guess. after that, i'm not sure.
Usually the markets already price in the block halving , just like it happened before in the case of doge. There will be no miraculous rocket the moment the reward is cut. i don't think most people that just heard of flutter and just bought some in the last few days realize the block reward will be dropping like a rock. guess we will see. oh yeah - the multipool might flip the price right up the charts. i've never watched a coin with a multipool in action though, this will be my first time
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fedmahnkassad
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April 17, 2014, 05:59:28 AM |
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My wallet started staking but now auto-closes each time I tried to run it, any ideas what might be the problem?
Could be an issue with the block index, try deleting the index and re-downloading. Saw it before with another coin and that was the fix. Likely you would see it crash running the daemon as well. Deleted the whole folder and re-downloaded but I am getting the same problem. Is the block index located perhaps some place else? Also the wallet opens starts synching with network and after that closes.
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