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Topic: [BTC][LTC][FTC][TRC][PPC][NMC][IXC][NVC][FRC][BTE][BQC]Why Feathercoin will fail (Read 2425 times)

sr. member
Activity: 476
Merit: 250
Feathercoin is just the latest lovechild of GPU miners that need something to do after ASIC entry to BTC mining. Waste of electricity.


Tell that to my bank account ;P
full member
Activity: 224
Merit: 100
Feathercoin is just the latest lovechild of GPU miners that need something to do after ASIC entry to BTC mining. Waste of electricity.
legendary
Activity: 1078
Merit: 1002
Bitcoin is new, makes sense to hodl.
It will fail when ppl stop talking about it, stop cursing it.
sr. member
Activity: 255
Merit: 250
This topic starts to get funny *grabs popcorn*  Cheesy

It would. If people could manage to stay on topic:

Why? I don't know. But I sure have the attention of all those Alt-Coin haters now Wink

No one forces you to buy a specific Alt-Coin. No one forces you to sell a specific Alt-Coin.

If you don't like a coin, just stay out. What's the problem?
If you like a coin, promote it. The Feathercoin guys are doing a great job promoting their coin. Compared to them the Litecoin, Terracoin, ... flock seems to be pretty lazy.

If you like companies like BFL (that will deliver your miner in 2015) or Avalon (that charge you an arm and a leg) then buy their ASICs and mine Bitcoin.
If you wanna teach those fuckers a lesson, then vote with your wallet and don't buy their crap. Keep your GPUs (and buy new GPUs) and mine Litecoin & Feathercoin.

MtGox starts trading Litecoin soon. There is an endless line of customers newbies fools waiting to start trading on MtGox throw money at us miners. They don't care whether it's Bitcoin or Litecoin or Shitecoin - as long as it's Somecoin.
hero member
Activity: 683
Merit: 500
I lol at all the idiots selling their worthcoins (LTC and BTC) for scamcoins (FTC)

That is nice, ymer. But please read OT first.

Besides:
Code:
Name: 	 	 ymer
Date Registered: April 13, 2013, 05:47:36 AM

Code:
Name: Radacoin
Date Registered: January 23, 2013

This topic starts to get funny *grabs popcorn*  Cheesy
legendary
Activity: 910
Merit: 1000
I'm not a proponent of Feathercoin because I think it dilutes the crypto currencies in existence already.

Bitcoin already has the highest market penetration, with litecoin coming in second.

Feathercoin is very new to the game. For a Litecoin miner (who was once a Bitcoin miner), why stop mining LTC? It's still quite profitable.  Huh

Want  a reason?

http://www.coinchoose.com/

That chart is exactly the reason why I laugh at idiots that are buying FTC... it's incredibly overvalued, in a place where we don't have idiots buying hype, all cryptos should be at 100% with very slight variations.

The world you describe doesn't exist.
And as for being incredibly overvalued...The markets will determine that.. don't worry.
There are better arguments for it being undervalued right now.
hero member
Activity: 672
Merit: 500
I am a supporter of FTC and have invested, and have already made a 0.25BTC profit, buying yesterday. To all the haters, hate, but don't rub it in our faces without any good arguments. To all the other dislikers/haters who can make normal arguments, sorry to you, don't mean to offend you. If anyone can normally argue with me on why it's bad, then please do, I'm up for a good discussion! But please don't hate without any good arguments, or constant flaming, keep it civilized, thank you! =).
sr. member
Activity: 308
Merit: 250
I'm not a proponent of Feathercoin because I think it dilutes the crypto currencies in existence already.

Bitcoin already has the highest market penetration, with litecoin coming in second.

Feathercoin is very new to the game. For a Litecoin miner (who was once a Bitcoin miner), why stop mining LTC? It's still quite profitable.  Huh

Want  a reason?

http://www.coinchoose.com/

That chart is exactly the reason why I laugh at idiots that are buying FTC... it's incredibly overvalued, in a place where we don't have idiots buying hype, all cryptos should be at 100% with very slight variations.
sr. member
Activity: 308
Merit: 250
I lol at all the idiots selling their worthcoins (LTC and BTC) for scamcoins (FTC)

That is nice, ymer. But please read OT first.

Besides:
Code:
Name: 	 	 ymer
Date Registered: April 13, 2013, 05:47:36 AM

So what's the point of this thread if the message is: Do whatever you want

 Huh Huh Huh


LOLOLOL FTC
legendary
Activity: 910
Merit: 1000
I'm not a proponent of Feathercoin because I think it dilutes the crypto currencies in existence already.

Bitcoin already has the highest market penetration, with litecoin coming in second.

Feathercoin is very new to the game. For a Litecoin miner (who was once a Bitcoin miner), why stop mining LTC? It's still quite profitable.  Huh

Want  a reason?

http://www.coinchoose.com/
sr. member
Activity: 255
Merit: 250
I lol at all the idiots selling their worthcoins (LTC and BTC) for scamcoins (FTC)

That is nice, ymer. But please read OT first.

Besides:
Code:
Name: 	 	 ymer
Date Registered: April 13, 2013, 05:47:36 AM
sr. member
Activity: 308
Merit: 250
I lol at all the idiots selling their worthcoins (LTC and BTC) for scamcoins (FTC)
full member
Activity: 126
Merit: 100
My though it this: New coins dilute, and decentralize.

Decentralization - isn't this one of the basic principles of Bitcoin?

Indeed, if you read down, I mention how it is a double edged sword.
sr. member
Activity: 255
Merit: 250
OK back to OT:

No one forces you to buy a specific Alt-Coin. No one forces you to sell a specific Alt-Coin.

If you don't like a coin, just stay out. What's the problem?
If you like a coin, promote it. The Feathercoin guys are doing a great job promoting their coin. Compared to them the Litecoin, Terracoin, ... flock seems to be pretty lazy.

If you like companies like BFL (that will deliver your miner in 2015) or Avalon (that charge you an arm and a leg) then buy their ASICs and mine Bitcoin.
If you wanna teach those fuckers a lesson, then vote with your wallet and don't buy their crap. Keep your GPUs (and buy new GPUs) and mine Litecoin & Feathercoin.

MtGox starts trading Litecoin soon. There is an endless line of customers newbies fools waiting to start trading on MtGox throw money at us miners. They don't care whether it's Bitcoin or Litecoin or Shitecoin - as long as it's Somecoin.
sr. member
Activity: 476
Merit: 250
You are new to this forum so you don't know how it usually goes ...

Code:
Name: 			subSTRATA
Posts: 36
Position: Jr. Member
Date Registered: October 01, 2012, 10:05:18
Ignore button: dark yellow

no comment  Grin

http://www.google.com/search?q=site:bitcointalk.org+subSTRATA (About 2,440 results)

So yes, you are just another retard who knows nothing but still posts. Now click on ignore under my name, let's see if it can turn red!  Grin


lol lol is this kid for real?
sr. member
Activity: 476
Merit: 250
My though it this: New coins dilute, and decentralize.

Decentralization - isn't this one of the basic principles of Bitcoin?

Certainly is
sr. member
Activity: 255
Merit: 250
My though it this: New coins dilute, and decentralize.

Decentralization - isn't this one of the basic principles of Bitcoin?
full member
Activity: 126
Merit: 100
I'm not a proponent of Feathercoin because I think it dilutes the crypto currencies in existence already.

Can this be measured?

My though it this: New coins dilute, and decentralize.
Too many - you have issues. Not enough diversity, you run into the same problems BTC tried to solve.

If there was a measure, someone would be rich Smiley
sr. member
Activity: 476
Merit: 250
Bytecoin: 8VofSsbQvTd8YwAcxiCcxrqZ9MnGPjaAQm
I'm not a proponent of Feathercoin because I think it dilutes the crypto currencies in existence already.

Can this be measured?
sr. member
Activity: 476
Merit: 250
Bytecoin: 8VofSsbQvTd8YwAcxiCcxrqZ9MnGPjaAQm
MtGox starts trading Litecoin soon. There is an endless line of customers newbies fools waiting to start trading on MtGox throw money at us miners. They don't care whether it's Bitcoin or Litecoin or Shitecoin - as long as it's Somecoin.
Why is this the general impression I get from the people surrounding Feathercoin, they only care about the fiat money that could be earned. While people supporting BTC and LTC do it because they believe in it as a currency and not a get rich scheme. You call people who buy a cryptocurrencie fools?

I honestly think that the best way to help Bitcoin and the whole cryptocurrency movement in general is to build a profitable business in it.  Profit is your measure of whether you are helping or not.
Building a profitable business in it? By mine the hell out of it the first days so a select few have 3,000,000 to split amongst each other and sell them for lots of money. It never worked in the past, why the hell would ftc be different? And if you think you can take that kind of profit as a measurement whether or not someone is helping, you're definitely wrong. You can only have a succesfull coin if people actually work for them, build services for it and sell goods for them. Buying and holding in the hope Joe sixpack will throw some more money to you than you paid for it is just not helping the coin. How many profit that person may have, it is not a measurement. Their are people on this forum with <50btc or <50ltc who did a lot more for them than some with big wallets.

I don't have mining in mind as a profitable business, and I doubt that long term very much profit in the cryptocoin community is going to come from launching new coins.

If it does, though, then I guess the community needed it!
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