Fuelcoin is still very much alive. We have plead our case to Bittrex. Fuel has only officially been on Bittrex as the members behind the coin believe in staying loyal to the partners and trusted friends made. There have been some glaring holes in the public relations area. Also many information sites needing to be updated with current information. Here's a brief list of the items to be updated.
Website: Fuelcoin.org
Blockchain: chainz.cryptoid.com/fuel
Twitter @realfuelcoin
e-mail:
cryptofuel@gmail.comA brief history of how all this stuff got missed and why there have been so many needed changes.
Without naming people or names I will share that Fuel was created by party X. This pile of POO was doomed from the beginning. A mine-able coin with 50 BILLION supply and 50% premine. TOTAL joke.
No a radical departure from traditional coins came in Aug 2014. This is when one of the original devs decided to go in another direction leaving the other party able to make significant changes. This is when and why Fuel 2 came about and why the ticker is FC2. Fuel was already in use.
The coin was moved to POS as there is still a firm belief that mined coins will always have scale-ability problems and the ever present down pressure on the price due to the cost of maintaining mining operations (Electricity, hardware etc.) These miners while recouping their cost will perpetually leave the markets in permanent spikes and significant drops. This was determined in 2014! Look at BTC today. Its over 100k transactions behind and every time there is a nice new level reached? The miners sell and the market falls back. Proof of stake moves the confirmation of transactions to the people. It grows with adoption. Also it can grow exponentially very quickly because every wallet opened becomes part of the infrastructure. Long term we believe POS will prove to be the better algo.
100 million were decided upon as generally it makes easy math in your head to convert to fiat. BTC and others with strange supply numbers will always be interesting to figure out. Say a gallon of milk in BTC. .0013656 Fuelcoin? Will most likely be a more rounded number Say 550 fuels for the same gallon. This was not a huge deal because coin prices always change and until were buying everything in crypto of some sort we will always deal with conversions. However, The 100 million supply WILL more often than not make for MUCH easier in the head math.
More history... Fuel through 2014 to 2016 was being distributed. There were 100 million coins to get out there after all. This caused OUR market to suffer the down pressure by new coins entering the market. However in October 2016 every LAST fuelcoin from the pre-mine was sold. The only way to get any now is from someone who bought it at some price. This is HUGE. Time will prove how huge. But lets play a game and think about Bitcoin for a moment. What IF NO MORE BITCOINS were being made today??? With the current rate of adoption? Each BTC would probably be trading closer to 75 thousand dollars each. Not 16 to 1700. THIS is what time will tell about fuelcoins decision to be pre-mined and distributed first. Rocky road to here? Absolutely. Is this coin dead? That would be a resounding NO WAY! It was too much work getting to this place.
Will Bittrex actually de-list Fuel? We will certainly be disappointed if they do as WE stuck with them too. Will fuel be dead? Not a chance. There are too many other markets that would host this coin.
One may ask why were so quiet here. Thats a really good question. The main reason is Fuel is being used to bring NEW people to crypto as a whole. If you are reading this? You probably have Bitcoin and know where to trade. This has NOT been our demographic for marketing. The crypto community is a mixed bag. There are lots and lots of people who are genuine that want to understand more and get to know people. There are unfortunately others that literally have noting to do than barf their opinion and have little interest in understanding anything. We seek the genuine people. We have an active Skype group and are assigning people to assist with the rest of the social media locations people like.
As we move forward we would like to invite more people to become part of our inner circle. We have lots of positions to fill.
As I am not a fan of BCT I may be slow to reply.
email direct
cryptofuel@gmail.com 
