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AU_AG
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May 14, 2017, 03:51:43 PM |
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Why so much price difference between Poloniex and Bittrex..
499 trex 506 polo big difference?  Polo only takeig dep not giving deposit to acct, not giving withdrawals, putting big coins in maint.. mode, MHHH U tell me... |
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V1saya
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May 14, 2017, 06:11:28 PM |
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Why so much price difference between Poloniex and Bittrex..
499 trex 506 polo big difference? Polo only takeig dep not giving deposit to acct, not giving withdrawals, putting big coins in maint.. mode, MHHH U tell me... That's not much. And if transferring of FLDC is not that fast then you gonna be late just like when I tried EXP today. That's why I am also scattering my funds so I can buy whenever exchange is selling cheaper.  |
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shemaelohim
Newbie
 Offline
Activity: 2
Merit: 0
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May 14, 2017, 06:12:42 PM |
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Is polo taking deposits for FLDC? I sent a lot last night and never received them, anyone else had the same issue?
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xandry
Staff
Legendary
Offline
Activity: 3430
Merit: 3956
Crypto Swap Exchange
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May 14, 2017, 06:14:37 PM |
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Is polo taking deposits for FLDC? I sent a lot last night and never received them, anyone else had the same issue?
Yep, i've already sent a request to support. |
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AU_AG
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May 16, 2017, 08:46:01 PM |
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Is polo taking deposits for FLDC? I sent a lot last night and never received them, anyone else had the same issue?
Yep, i've already sent a request to support. Same Problem 3 days and counting with no communication. TX and everything. was wondering if I did something wrong. but not just me. Is it possible it can be stuck on the blockchain? IDK im guessing in the wind here |
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hailian111
Newbie
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Activity: 13
Merit: 0
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May 17, 2017, 06:03:07 AM |
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ComputerGenie
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May 17, 2017, 06:43:13 AM |
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Spoken like a segwit fanboy that has no clue about segwit or FLDC.  |
If you have to ask "why?", you wouldn`t understand my answer.
Always be on the look out, because you never know when you'll be stalked by hit-men that eat nothing but cream cheese....
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AU_AG
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May 18, 2017, 02:13:20 AM |
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POLONIEX still haveing big btc withdraw issues 2+btc (Small with withdraw are going through <.5) and not giving deposits, and resetting support tickets.
Poloniex is the MT.GOX im just waiting for the classic "Our Database got hacked, But coins are safe and we are working on it".
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shai_
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May 18, 2017, 04:06:05 AM |
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POLONIEX still haveing big btc withdraw issues 2+btc (Small with withdraw are going through <.5) and not giving deposits, and resetting support tickets.
Poloniex is the MT.GOX im just waiting for the classic "Our Database got hacked, But coins are safe and we are working on it".
I got BTC from polo after 20 hours. it is maybe because of BTC's huge mempool usage. but folders/investors still can't deposit/withdraw FLDC |
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K210
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May 18, 2017, 11:32:59 AM |
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Its sad how this coin has turned into a pump and dump. Even if this coin hits 1 billion market cap someday it will still be a failure due to lack of fundamentals.
Fundamental problems with FLDC:
- Centralised storage of undistributed FLDC
- Centralised distribution of FLDC
- Market being controlled by pumper and dumpers rather than legit long term investors
- Lack of a blockchain and the problems that come with it
- Little to no infrastructure such as block explorers, wallets etc.
I think FLDC has grown to a point where it should setup its own chain. This way payments will no longer be delayed due to bitcoin mempool being clogged and development will be easier as counterparty is not very developer friendly. It will also make it easier to port other pieces of tech such as segwit, block size increase and general enhancements from other coins.
In short if FLDC wants to be respected as a stand alone crypto in the long term (5-10 years from now) then it must take on the properties that other crypto already have.
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K210
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May 18, 2017, 11:39:49 AM |
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If foldingcoin built its own blockchain then the fees to send out monthly payments would be much lower pretty much insignificant. Monthly distributions could be carried out as they are now however multisig could be used to better secure the hot wallet for sending payments. Users could store their coins without having to use crappy counterparty which would lead to better user experience.
Only one problem remains though - How to secure such a chain. Well new coins are already generated through POWing the FAH network. Proof of stake could be the security mechanism to secure the chain. A annual interest of 1-2% could be paid to holders to secure the chain, this would help the value of the coin as well as allow FLDC's chain to be secured for a cheap price.
If the FLDC dev team wants to go down this path they should fork the latest version of litecoin core and develop from there.
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K210
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May 18, 2017, 11:47:39 AM |
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Some stuff i forget to add in my previous posts:
A standalone blockchain could also allow for a RPC command to check the amount of computational power being sent to FAH in the last 24 hours. Current coin supply could also be check as well as other network health parameters something which is not doable today. Coins can be moved from counterparty to standalone FLDC through a burn process.
Would be nice to have this discussed in next months meeting. Until FLDC leaves counterparty the prospects of this coins future are grim at best.
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ComputerGenie
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May 18, 2017, 11:48:13 AM |
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Its sad how this coin has turned into a pump and dump...
That is the entire purpose of this coin. The devs never had (nor never will have) any intention of having the coin have any purpose beyond being a "reward" for people that fold, they see any real-world value that the coin has as an unintended, incidental "bonus". .... Until FLDC leaves counterparty the prospects of this coins future are grim at best.
They've stated countless times that FLDC will never leave Counterparty and will never be a stand-alone coin. |
If you have to ask "why?", you wouldn`t understand my answer.
Always be on the look out, because you never know when you'll be stalked by hit-men that eat nothing but cream cheese....
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K210
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May 18, 2017, 11:51:21 AM |
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Its sad how this coin has turned into a pump and dump...
That is the entire purpose of this coin. The devs never had (nor never will have) any intention of having the coin have any purpose beyond being a "reward" for people that fold, they see any real-world value that the coin has as an unintended, incidental "bonus". And that is the biggest problem i think. The devs do not understand the concept of intrinsic value. For an asset to have value it must have adoption, technology and sound fundamentals all three of which FLDC currently lacks. |
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K210
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May 18, 2017, 11:53:03 AM |
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Its sad how this coin has turned into a pump and dump...
That is the entire purpose of this coin. The devs never had (nor never will have) any intention of having the coin have any purpose beyond being a "reward" for people that fold, they see any real-world value that the coin has as an unintended, incidental "bonus". .... Until FLDC leaves counterparty the prospects of this coins future are grim at best.
They've stated countless times that FLDC will never leave Counterparty and will never be a stand-alone coin. So they are happy with 1 week long confrmation times and skyrocketing fees? No wonder this coin is going nowhere.... |
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hailian111
Newbie
Offline
Activity: 13
Merit: 0
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May 20, 2017, 03:36:08 PM |
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FoldingCoin need a new team!  |
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ComputerGenie
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May 20, 2017, 04:37:21 PM |
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FoldingCoin need a new team! Given that it's a corporation (even though they never act like it), good luck with that. |
If you have to ask "why?", you wouldn`t understand my answer.
Always be on the look out, because you never know when you'll be stalked by hit-men that eat nothing but cream cheese....
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fonzerrellie
Legendary
Offline
Activity: 1190
Merit: 1000
Kaspa
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May 21, 2017, 03:42:19 AM |
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I'm glad to see this project getting some love in the markets. Cheers to everyone  |
#Expanse $EXP 500 transactions 4 .1 EXP 1st Clone of ETH
WAVES
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fonzerrellie
Legendary
Offline
Activity: 1190
Merit: 1000
Kaspa
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May 21, 2017, 05:15:09 AM |
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If foldingcoin built its own blockchain then the fees to send out monthly payments would be much lower pretty much insignificant. Monthly distributions could be carried out as they are now however multisig could be used to better secure the hot wallet for sending payments. Users could store their coins without having to use crappy counterparty which would lead to better user experience.
Only one problem remains though - How to secure such a chain. Well new coins are already generated through POWing the FAH network. Proof of stake could be the security mechanism to secure the chain. A annual interest of 1-2% could be paid to holders to secure the chain, this would help the value of the coin as well as allow FLDC's chain to be secured for a cheap price.
If the FLDC dev team wants to go down this path they should fork the latest version of litecoin core and develop from there.
I love the idea of working FLDC into it's own POS chain even at a low % return as long as the wallet didn't run heavy on my computer I'd run it. to have to wait for the BTC blockchain could really hold back it's potential I like what NXS did with increasing the % rate, the longer the wallet is staking the higher the return would be. So someone just opened the wallet would get 1% and someone who's wallet had been online staking for 6 months would get the max (like 5% would be good incentive and keep the blockchain strong) anywho I'll keep an eye out for the Youtube updates and see where you guys plan to take this |
#Expanse $EXP 500 transactions 4 .1 EXP 1st Clone of ETH
WAVES
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