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

[maxsinner]

More likely they are placing orders at key prices, say 1500, 1000 etc.  These are just traders.  Nothing special nor is it ask scheme, etc

What these people call sell walls I call resistance - buy walls are support.  Now if they are selling resistance and buying support, good job, that's what I would do.  But they aren't controlling the market - the market is consolidating.  Low volume.  Hopefully will soon break out to the upside.
 
Pumps = rallies

Dumps = retractions

I traded S&P futures for years (traded other things too but SP was my main).  The rest of the trading world would take us more seriously if we spoke the proper terms.  Real traders and investors buying FLT and making a more liquid market is what we need to keep a stable price.

Nice to see our beloved developer is also into TA.

[halinyo]

I am waiting my BTC to arrive, if that arrives on time, i will break those sell walls.
No worries. And those people selling will regret.

[moehawk]

Curious to see how much people got paid from the flutterpool, anyone care to share there payouts

[Istanbul34]

I am waiting my BTC to arrive, if that arrives on time, i will break those sell walls.
No worries. And those people selling will regret.

 

[etfgeek]

Has anyone received a proof of transaction block reward yet?  I've sent about 40 transactions between wallets and between exchanges and back again, all above 500 FLT, and no sign of a transaction reward yet.  I wonder what the average # of times it takes is to get one (I know its random but it must work out to some average over a large amount of tests), and if it is some big number like 1000+, will anyone be that excited about this?   It's a good idea but if you can't see evidence of it, it feels like it's easier to just stake or mine and get something you can see really happening. 

[gpuminer]

Has anyone received a proof of transaction block reward yet?  I've sent about 40 transactions between wallets and between exchanges and back again, all above 500 FLT, and no sign of a transaction reward yet.  I wonder what the average # of times it takes is to get one (I know its random but it must work out to some average over a large amount of tests), and if it is some big number like 1000+, will anyone be that excited about this?   It's a good idea but if you can't see evidence of it, it feels like it's easier to just stake or mine and get something you can see really happening. 

If its that easy to mine using PoT , there will be bot send coins back and forth 24/7

[rudius]

Has anyone received a proof of transaction block reward yet?  I've sent about 40 transactions between wallets and between exchanges and back again, all above 500 FLT, and no sign of a transaction reward yet.  I wonder what the average # of times it takes is to get one (I know its random but it must work out to some average over a large amount of tests), and if it is some big number like 1000+, will anyone be that excited about this?   It's a good idea but if you can't see evidence of it, it feels like it's easier to just stake or mine and get something you can see really happening. 

If its that easy to mine using PoT , there will be bot send coins back and forth 24/7

Bot exploiting Pot. I l like that 

Thinking of it, fee must be high to counter Pot miners. It s another way to secure the network, but i can t see it being profitable.

[Makitaki]

I got one PoT reward in March, and that's all. It's very hard to get PoT, you should be extremely lucky. This is the reason I don't understand why some people praise it so much. Yes, theoretically it's great, yes, it's a new feature (and I like innovations), and yes, you might catch this PoT... some day, somewhere, somehow... but in general for me personally it's almost non-existent and unimportant.

As of now I'd give more praise to PoS than to PoT because PoS can bring you a real profit while PoT is just a lottery with a small prize, and this prize will get lower and lower with block reward halving because PoS gives you 50% of the current PoW block reward. Let's say, If you could possibly win a $10 prize once a year would it really matter to you?

[DanMck]

Curious to see how much people got paid from the flutterpool, anyone care to share there payouts

82 fluttercoins for 3.2 Mh/s for 24 hours

very disappointed

[zoki0307]

Curious to see how much people got paid from the flutterpool, anyone care to share there payouts

82 fluttercoins for 3.2 Mh/s for 24 hours

very disappointed

82 FLT for 3.2 Mh/s is not disappointed , disappointed is low sell price of 1 FLT- 0.00001400,so much undervaluated ,correction to 0.00010000 for 1 FLT need ASAP!!!

Remove all your sell orders before 0.00010000 for 1 FLT you dumbs!

These is my first sell order from many 2014-04-20 06:24:20   0.00009142   Sell   2000.00000000   2000.00000000   0.18284000

[Gunther]

Curious to see how much people got paid from the flutterpool, anyone care to share there payouts

82 fluttercoins for 3.2 Mh/s for 24 hours

very disappointed

Check your mail (if you are an official beta-tester), this is not the whole pay-out. More to come  

https://twitter.com/IcarusGlider/status/460743197069938688 < The reason for the delay. Craptsy again.

[mikeymillie]

I got one PoT reward in March, and that's all. It's very hard to get PoT, you should be extremely lucky. This is the reason I don't understand why some people praise it so much. Yes, theoretically it's great, yes, it's a new feature (and I like innovations), and yes, you might catch this PoT... some day, somewhere, somehow... but in general for me personally it's almost non-existent and unimportant.

As of now I'd give more praise to PoS than to PoT because PoS can bring you a real profit while PoT is just a lottery with a small prize, and this prize will get lower and lower with block reward halving because PoS gives you 50% of the current PoW block reward. Let's say, If you could possibly win a $10 prize once a year would it really matter to you?

I'd like to see PoT given some kind of sliding scale so that every transaction can pay back a tiny amount (even if it's just barely a few satoshis or fluttaishis or whatever) or you can elect to notch it up to larger payouts that are more and more random.  That way if you want to take chances for fun, sure go for it and set it to 2500 FLT at max odds, or set it to 1 FLT at guaranteed odds - in both cases the minimum Xfer to qualify should be appropriate as well, i.e. the 1 FLT payout requires 100 FLT transfer.  I realize that PoT is basically a kind of one-transaction-at-a-time iterative mining process so the randomness of PoT rewards is derived from the natural randomness of mining a block. Given this, a PoT peer to peer reward pool might need to exist to take large PoT rewards and pool them into payout streams in order to make PoT 'feel' more like a reward system and less like a lottery for those who aren't really into the chance reward concept (which I suspect is most people). 

[alphaminer21]

I got one PoT reward in March, and that's all. It's very hard to get PoT, you should be extremely lucky. This is the reason I don't understand why some people praise it so much. Yes, theoretically it's great, yes, it's a new feature (and I like innovations), and yes, you might catch this PoT... some day, somewhere, somehow... but in general for me personally it's almost non-existent and unimportant.

As of now I'd give more praise to PoS than to PoT because PoS can bring you a real profit while PoT is just a lottery with a small prize, and this prize will get lower and lower with block reward halving because PoS gives you 50% of the current PoW block reward. Let's say, If you could possibly win a $10 prize once a year would it really matter to you?

I'd like to see PoT given some kind of sliding scale so that every transaction can pay back a tiny amount (even if it's just barely a few satoshis or fluttaishis or whatever) or you can elect to notch it up to larger payouts that are more and more random.  That way if you want to take chances for fun, sure go for it and set it to 2500 FLT at max odds, or set it to 1 FLT at guaranteed odds - in both cases the minimum Xfer to qualify should be appropriate as well, i.e. the 1 FLT payout requires 100 FLT transfer.  I realize that PoT is basically a kind of one-transaction-at-a-time iterative mining process so the randomness of PoT rewards is derived from the natural randomness of mining a block. Given this, a PoT peer to peer reward pool might need to exist to take large PoT rewards and pool them into payout streams in order to make PoT 'feel' more like a reward system and less like a lottery for those who aren't really into the chance reward concept (which I suspect is most people). 

How about we change the rewards of PoT and base it off of coin age.  When you spend your money, the rewards are based off your coin age which sort of works well with PoS.  If I have 1 or 2 days left but I want to spend fluttercoin, I'm encouraged not to spend because I don't want that to reset.

But this way, I can spend the FLT and not have to waste the 28 days of staking.  You just have to set the interest rate below PoS if you want to encourage saving money, or above if you want to encourage spending.  You would need to set a minimum coin age for security.  I personally think it should be lower then PoS to encourage saving, maybe have it at 1% or 1.5% whatever is popular with cashback credit cards should be fine.

The only problem with this idea is someone could generate x amount of wallets to send out transactions which create blocks and control the block chain.  This introduces a security threat, if there's some way to guarantee this can't happen we could move forward with this idea.

I mean for this to be successful, the attacker would need to control the PoW and PoS during this attack to guarantee that he is the only one generating blocks.  The network in it's current form is not strong enough to implement my suggested changes.

[thekidcoin]

Understand these rules:
PoT is not meant to curb hoarding or saving
PoT is not meant to encourage spending
PoT is meant to reward randomly for send OR receiving (the receiver can also receive a PoT reward it seems this is never talked about though)
PoT can't be tied to coin age - wouldn't remotely be able to work
PoT at the moment is not tied to PoS

Making it easier leads to easy of manipulation (though that becomes harder as well as you will need to be first in), but, I am toying with some ideas, though nothing will change short-term as to not upset things.  Keep tossing out ideas, its all fuel to my creative fire LOL. 

[ofeefee]

Curious to see how much people got paid from the flutterpool, anyone care to share there payouts

82 fluttercoins for 3.2 Mh/s for 24 hours

very disappointed

Beta...


82 FLT for 3.2 Mh/s is not disappointed , disappointed is low sell price of 1 FLT- 0.00001400,so much undervaluated ,correction to 0.00010000 for 1 FLT need ASAP!!!

Remove all your sell orders before 0.00010000 for 1 FLT you dumbs!

These is my first sell order from many 2014-04-20 06:24:20   0.00009142   Sell   2000.00000000   2000.00000000   0.18284000

[thekidcoin]

Curious to see how much people got paid from the flutterpool, anyone care to share there payouts

82 fluttercoins for 3.2 Mh/s for 24 hours

very disappointed

Check your mail (if you are an official beta-tester), this is not the whole pay-out. More to come  

https://twitter.com/IcarusGlider/status/460743197069938688 < The reason for the delay. Craptsy again.

Do they have 2FA enabled? LOL maybe they need to enter the withdrawal code?  Can't be that easy though

[jiapetz]

Old pattern all over again ... 1500 - 1200  ... 1500 - 1200 ...
There are two ways to gain the loss from buying @ 2400 ... one is wait forever and "hope" it will rise again and if then sell.
The other is, buy @ 1500 ... sell @ 1200 ... repeat this 4 times and then bail out without a loss.

So you mean to tell me I'll get rich by buying high, selling low?

[snipsnoop]

Old pattern all over again ... 1500 - 1200  ... 1500 - 1200 ...
There are two ways to gain the loss from buying @ 2400 ... one is wait forever and "hope" it will rise again and if then sell.
The other is, buy @ 1500 ... sell @ 1200 ... repeat this 4 times and then bail out without a loss.

So you mean to tell me I'll get rich by buying high, selling low?

Made me lol as well

[g4ndie]

I am getting my investment tips from this forum 

[cqcy85]

rigs get super quiet to mine this coin!