Re: [ANN] FlutterCoin FLT NEW Proof Of Transaction PoT v2 Specs Released
Fluttercoin looks like an angel compared to the scam coins this week. Those coins a pretty much worth nothing right now, unfortunately all those investors are broke and we probably won't be seeing that money flow back into FLT 
Having said that, the reward structure change is a good thing. It shows me that the developer is willing to make the neccessary changes to make this coin succesful. There's only so much the dev can do, the rest is up to the community.
Everyone seems to panic whenever we have a big holder sell their coins. All these people buy into FLT expecting to make money when the price raises and then sell when the price doesn't go up. This is causing a constant selling of the coin, and until we reach the bottom the coin can't go back up. As to where the bottom is, no one knows...
So here are the things we can look forward to:
These are all nice to have but the community needs to step up and do something about it. We're getting a reward structure change and there is no buzz about it anywhere. We need to get the word out so people get interested in this coin again.
Once the selling stops, and an uptrend gets established I think it'll be tough to stop this coin from reaching what I believe is it's true value.
Once of the best things that blackcoin did was have a blog/news section on their website. It was a great place to keep updated with what was going on with fluttercoin. Can we get something like that for fluttercoin? It should be real easy for people to find out what is going on with the coin without having to scour the forums/twitter.
Having said that, the reward structure change is a good thing. It shows me that the developer is willing to make the neccessary changes to make this coin succesful. There's only so much the dev can do, the rest is up to the community.
Everyone seems to panic whenever we have a big holder sell their coins. All these people buy into FLT expecting to make money when the price raises and then sell when the price doesn't go up. This is causing a constant selling of the coin, and until we reach the bottom the coin can't go back up. As to where the bottom is, no one knows...
So here are the things we can look forward to:
- We have a reward structure change which makes PoT a factor of the coin. Any investor that left based on this will be paying attention to this.
- We have 2 active developers which are available to changes and fixes to the coin and have been honest with us since the beginning. This brings good confidence in a coin during a time when people are getting burnt all over the place
- We have a multipool which should bring an upward pressure once it gets released. The last update has been 2 days ago though, hopefully we hear something new soon.
- We're getting a facelift on the main website and the pool, which I believe are being paid for by the devs
- Rewards have halved and the miners that are here to dump will have a smaller influence on the coin price
These are all nice to have but the community needs to step up and do something about it. We're getting a reward structure change and there is no buzz about it anywhere. We need to get the word out so people get interested in this coin again.
Once the selling stops, and an uptrend gets established I think it'll be tough to stop this coin from reaching what I believe is it's true value.
Once of the best things that blackcoin did was have a blog/news section on their website. It was a great place to keep updated with what was going on with fluttercoin. Can we get something like that for fluttercoin? It should be real easy for people to find out what is going on with the coin without having to scour the forums/twitter.