Re: [ANN] FlutterCoin FLT NEW Proof Of Transaction PoT Rewards For Spending
Why the price is crashing atm?
buyer drying up. Nobody wants to buy this coin anymore. Wait for the big dump, and than panic sell and never look back.
Shame, there really isn't anything great to buy right now, BC going well but you won't get a 5x out of it at these prices, and whitecoin is a disaster. FLT would be a good bet for a coin that is actually worth something ...
Personally I liked fluttercoin very much, I liked the new proof of transaction concept, but there is 170 Millino fulltercoin, and if you see the richlist you can see many stakeholders with millions of fluttercoins. I don't think the price can go up more, because there is a lot of coins out there, and the inflation is too high for this one.
I just made some nice profit with Blackcoin, now searching other altcoins to invest in. Found the Whitecoin but didn't like much.
Then found Cinni.
https://bitcointalk.org/index.php?topic=573232.0
Only 15 Million at the PoW stage will be mined, and the PoS inflation rate is acceptable, so there won't be much supply like with Fluttercoin, but we can't buy much now because at the exchanges there are almost no sell orders.
I was interested in cinni when the dev was offering free capped distribution of coins to volunteers and then didn't follow through on his plan. Now those 15 million will be in the hands of a few fat pig miners. Sounds great -_-
There is no better distribution than PoW...
I am glad he didn't give away free coins to the public for nothing work.
With these free giveaways we can't measure how much was landed to the public and how much the developer gave for himself.
See faircoin, I'm sure the developer gave himself 10 Million faircoin at least if not more...
3 days mining, low post count in thread... Yeah looks like only a few miners... Very fair and wide distribution
