Topic: BREAKING: Feathercoin just hit BTC-e - page 2. (Read 5435 times)

 wow I was a feathercoin supporter but now I just see it as a pump and dump. I bet the early miners know it has no real future and are just becoming millionaires off it by cashing out now and moving on. How could it be valued so high when no one uses it to actually buy and sell stuff and its only one week old? alt-coins have turned into merely get-rich-quick schemes instead of being actual attempts to create a currency. Sad.

most rational post you've ever had. congrats on achieving enlightenment CH.

EGGS-ACT-LEE!!!!

This is a beautiful thing.  This is the free market at its finest.  A survival of the fittest.  Lean competitive species that become complacent will be overtaken by others that adapt.  A seething ocean of cryptocurrencies that are competing with each other adding features both advantageous and worthless come and go.  Over time the ones that prevail are the ones that have stayed competitive and have endured, through luck, through timing, and through the right set of features.

Anyone who was thinking that you can just build one coin to rule them all probably has a predisposition to work at a central bank.  Life (evolution) is hard.  Cryptocurrencies are still evolving, its a pool of primordial ooze right now and it will be several years before they mature enough to supplant physical currencies.  Its not that it won't happen, I think that there is a preconceived ideological notion that it would happen in a couple years.

Its not useless, this is great and amazing, this is how the computer industry was in the beginning, it wasn't all IBM and Apple, it was hundred of upstart compatibles that tried to outdo each other in the 70 and into the 90s.  It wasn't until the 90s that a few big names dominated.  But they really dominated. 

Cryptos are evolving and they will be worth a fortune a thousand times in a decade or two decades than what they are now.  They have to go through these growing pains.

If anyone feels like having a huff because their feeling are hurt that they didn't pick the right pony at the right time well... ....that is life  .. that is evolution.

no I do understand how free market works, I just do not understand why someone paid 1 BTC to buy 1 FTC, was he so happy that he just threw that BTC, well I wish if I've got that BTC, if some idiots are willing to pay that much for some shitty coin well ok than pump the shit out of it and let the later adopters lose all their money .

lol you don't understand how a free market works.

I guess it's similar to people who don't understand how a painting is valued at $20,000,000. It is called supply and demand, perceived value etc.

can't post much now as I'm on my phone. I'm done with BTC-E. I can hold my ltc until it his gox. I'll be withdrawing all my funds as soon as I can from BTC-E. Will post more later.

I can't believe what is happening !!! people is buying this shit , you know the funny thing that this coin got 1 FTC= 1 BTC as hight today just when BTC-e add it .


I am not trying to disrespect anyone here , but are people this stupid !!!! it really makes me think about the hole thing here.  if it is going to be like this I will point some of my rigs to some feathercoin pool mine the shit out of it and sell it to these idiots for some profit as long as they are willing to pay . I do not care for the fucking coin. let me make some decent profit. pump it and dump it .


and  I am so surprised LTC network went from 14,500,000 kh/s to 10,847,767 kh/s .

Crypt Currency just is what it is -

its an amazing experiment in a very very close to free market.

QFT. I don't believe in many of the companies on the stock market I invest it, but if I can make money off of them then I'll invest in the short run.  Where will FTC, CHC, etc.. go? Probably no-where, but I don't mind making some money and being along for the ride.

Overall I'll stick with BTC and LTC since I believe they will stick around for awhile and make a difference in the market of things, awesome for payments and holding.  No reason to get upset about other coins though.

It makes me happy.  Watching failure is watching people learn.  It's also a sort of automatic feedback system for putting them in their place, egos and all.  Once they lose almost all of that 46 BTC on a stupid FTC buy order, they've learned a lesson, and will refrain from making future stupid bets on brand new cryptocurrencies.

I'm rather against government authorities using their power for protecting people from their own stupidity.  Government should only be using their power for protecting people from other people's stupidity.  And those speaking out against putting alt-coins on exchanges that seem like pump n dump schemes remind me very much of the government when it makes laws that try to protect people from their own stupidity.

Well said. Coinhoarder is one of my mining idols. Straight shooter who cares about the future of CC, and esp LTC. We're losing a great person/source of info and gaining idiotic children who joined 10 days ago.

It's really sad that this Feathercoin actually pushes people away that do real projects for Litecoin!

This guy does more for Litecoin than any of you Feathercoin guys does for Feathercoin, and he didn't do it for getting rich quick.
Great that your greed affects the whole community, hope you guys are really proud of yourself!

This was expected. BTCe owners have been amassing coins and then adding that coin to the exchange. They are crooks and have been since the start.

Why in a pm, please explain it to us all...
I really want to see the big picture here, because now I only see the biggest fraud ever on this forum gets committed. Till now that crown was held by Solidcoin.

I'm an old Bitcoiner, not all of us think all ALT coins are pump and dumps. Litecoin has changes, PPC is totally different and I'm really looking forward to proof of folding (if it can be accomplished). Alts are a great test environment for new ideas that you can't just put in Bitcoin to see if it is something. If it can bring something extra to the cryptocurrencie world it will survive and will have a slow but steady growth, just like BTC had. LTC follows the same path as BTC, never was ltc after a few days worth this amount of money, never was it spammed everywhere and I don't think many people thought it would get this value. There aren't many big wallets around, there are more big btc than ltc wallets.

So I really don't know how your feeling for Litecoin can change because of Feathercoin, but I got to say, in the beginning I thought Feathercoin was pretty funny and saw it like bytecoin, as a funny jokecoin. Now that it's starts to look like a well put up scam, with a lot of new users burning real money, it starts to taste a little bit bitter. People who want to throw 46BTC at it while they have almost no experience with cryptocurrencies make me shiver too. And I still suspect a lot of accounts are made to praise ftc too, less than one month old and only posting praises about ftc and making one topic after another makes me suspicious. This never happened with LTC, else I wouldn't be posting this because Litecoin would be death.  

I donate my time when i take a piss, doesn't mean my toilet bowl is fort knox.

Very good point. And it will take months for FTC to even match LTC's coin supply let alone pass it.

Strong jealousy in the thread  

Currently the supply of FC is less than the supply of LTC.  FC is not 4x LTC yet.

It's the pumps are only going to get faster and more aggressive with each generation. Get used to it and perhaps buy some cheap coins so you can make hundreds of thousands of dollars like they are.