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Topic: Feathercoin [FTC] - page 110. (Read 460641 times)

hero member
Activity: 896
Merit: 1000
January 28, 2015, 04:47:25 AM

The reason the price is sliding is simple: the public sgminer Neoscrypt mining software is rubbish. A number of coders have produced modded kernels that hash at 590mhs, instead of 323mhs with a R9 290 GPU as an example.

This has been sold on to other miners, therefore the general macro economics of coin distribution is messed up Huh Therefore, 10% of miners are mining at 193% hash output, 90% of miners are hashing at 100%: therefore, you have 19% mining for short term profitability reasons (on newish alt coin it should be under 15%), which creates extra sell pressures on the exchanges and the coin price trends downwards over time.

The developers team could purchase the modded kernel, from someone like Wolf0 (AMD) for a couple of Bitcoins and publicly release it to all miners, but they don't. Let's not speculate why they don't Lips sealed
 

I agree with your reasoning of the drop of coin price. Some people can make money out of it, why not mine and sell.
legendary
Activity: 1092
Merit: 1004
January 27, 2015, 03:25:39 PM
It is has excellent development team Grin

Secondly, 1 minute target time on block finding.

Current norm is 2.5 minutes, which can produce an unlucky stuck block for merchants of up to 23 minutes Shocked

Therefore, worse case scenario, unlucky stuck blocks is only 9.2 minutes  Grin

Secondly, the more talented the developer team; the more likely they'll be to produce unexpected improvements. Talent is not something that can be proved by pieces of paper, but is measured in new outputs e.g. hard forks, new algos, wallet designs  Wink

Thirdly, development team is very good organizationally, again this is not proved by pieces of paper, but judged by speed and smoothness of the entire network performance Wink

Fourthly, the 1st Block halving is not until 2019, buying in small bits and pieces, you can end up with large holding, by spreading purchases out over a long time reduces the risk of dropping coin prices due the machinations amongst miners and developers Cheesy

The reason the price is sliding is simple: the public sgminer Neoscrypt mining software is rubbish. A number of coders have produced modded kernels that hash at 590mhs, instead of 323mhs with a R9 290 GPU as an example.

This has been sold on to other miners, therefore the general macro economics of coin distribution is messed up Huh Therefore, 10% of miners are mining at 193% hash output, 90% of miners are hashing at 100%: therefore, you have 19% mining for short term profitability reasons (on newish alt coin it should be under 15%), which creates extra sell pressures on the exchanges and the coin price trends downwards over time.

The developers team could purchase the modded kernel, from someone like Wolf0 (AMD) for a couple of Bitcoins and publicly release it to all miners, but they don't. Let's not speculate why they don't Lips sealed

Currently, you can buy a neoscrypt CCminer (Nvidia) for while as an exclusive offering, which x3 hashes of official cgminer 50khs on 750ti GPU, its performance level is raised to 150khs. That, CCminer will only get a public release when it passes 5BTC in crowdingfunding, donators get early access Grin

https://bitcointalksearch.org/topic/neoscrypt-algo-for-ccminer-and-nvidia-card-call-for-donation-916336

This kind of stuff happens a lot on the minor algos Cheesy



  
hero member
Activity: 532
Merit: 500
January 27, 2015, 12:33:03 PM
So is it delisted or no?  Grin

No man. I got 5 of these bad boys burning a hole in my pocket as we speak Cheesy

No seriously though. This coin is dead right?

What do you define as dead? It's been pretty stagnant/stale which is pretty disappointing considering I think this coin had at least a bit of potential initially.

Its not dead but it getting delisted of the major exchange due to low volume, and now will just have shitty Bittrex

It being delisted isn't going to do it any good, though I think peer to peer exchanges will hopefully get more popular soon and we won't have to rely on what they choose to list or delist.

Sure a good buying opportunity, but theres not many big players in FTC as far as I know... Im lost in what the coin is offering as well
global moderator
Activity: 3990
Merit: 2713
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January 27, 2015, 08:11:27 AM
So is it delisted or no?  Grin

No man. I got 5 of these bad boys burning a hole in my pocket as we speak Cheesy

No seriously though. This coin is dead right?

What do you define as dead? It's been pretty stagnant/stale which is pretty disappointing considering I think this coin had at least a bit of potential initially.

Its not dead but it getting delisted of the major exchange due to low volume, and now will just have shitty Bittrex

It being delisted isn't going to do it any good, though I think peer to peer exchanges will hopefully get more popular soon and we won't have to rely on what they choose to list or delist.
hero member
Activity: 532
Merit: 500
January 27, 2015, 06:58:05 AM
Its not dead but it getting delisted of the major exchange due to low volume, and now will just have shitty Bittrex
member
Activity: 98
Merit: 10
January 27, 2015, 06:05:19 AM
No seriously though. This coin is dead right?
no, its not
legendary
Activity: 1260
Merit: 1116
January 26, 2015, 06:59:04 PM
So is it delisted or no?  Grin

No man. I got 5 of these bad boys burning a hole in my pocket as we speak Cheesy

No seriously though. This coin is dead right?
legendary
Activity: 1260
Merit: 1116
January 26, 2015, 06:34:13 PM
So is it delisted or no?  Grin

No man. I got 5 of these bad boys burning a hole in my pocket as we speak Cheesy
legendary
Activity: 1027
Merit: 1005
January 26, 2015, 03:36:40 PM
I edited www.bitcoinpaperwallet.com to include a feathercoin wallet. I have a buddy who designed the actual wallet. I posted about it here: https://forum.feathercoin.com/index.php?/topic/8321-ftc-paper-wallet/
hero member
Activity: 532
Merit: 500
January 26, 2015, 11:47:54 AM
So is it delisted or no?  Grin
legendary
Activity: 1260
Merit: 1116
January 26, 2015, 07:33:01 AM
This seems like a nice little coin. I hope my small purchase doesn't crash the market Undecided 

Hello Smiley

My small purchase crashed your little coin. Sorry Tongue
legendary
Activity: 1260
Merit: 1116
January 25, 2015, 08:42:58 PM
This seems like a nice little coin. I hope my small purchase doesn't crash the market Undecided  

Hello Smiley

Yeah, they developers are very talented Grin

Doing all those hard forks and changing algorithm shows these guys are serious and hard working Wink

Not to mention, the huge mental efforts that is required to dump obsolete or failing ideas/plans/schemes Shocked

Yelp, not many guys and gals can do that last part Roll Eyes

Oh. I remember this. I sold these already Tongue

That just means you'll need to buy them back again Tongue

Ah. See I got you. That was a ruse.

I still have like 5 of them Cheesy  CCMF!!!1
legendary
Activity: 1092
Merit: 1004
January 25, 2015, 08:39:08 PM
This seems like a nice little coin. I hope my small purchase doesn't crash the market Undecided  

Hello Smiley

Yeah, they developers are very talented Grin

Doing all those hard forks and changing algorithm shows these guys are serious and hard working Wink

Not to mention, the huge mental efforts that is required to dump obsolete or failing ideas/plans/schemes Shocked

Yelp, not many guys and gals can do that last part Roll Eyes

Oh. I remember this. I sold these already Tongue

That just means you'll need to buy them back again Tongue
legendary
Activity: 1260
Merit: 1116
January 25, 2015, 08:24:08 PM
This seems like a nice little coin. I hope my small purchase doesn't crash the market Undecided 

Hello Smiley

Yeah, they developers are very talented Grin

Doing all those hard forks and changing algorithm shows these guys are serious and hard working Wink

Not to mention, the huge mental efforts that is required to dump obsolete or failing ideas/plans/schemes Shocked

Yelp, not men guys and gals can do that last part Roll Eyes

Oh. I remember this. I sold these already Tongue
legendary
Activity: 1092
Merit: 1004
January 25, 2015, 08:22:21 PM
This seems like a nice little coin. I hope my small purchase doesn't crash the market Undecided  

Hello Smiley

Yeah, they developers are very talented Grin

Doing all those hard forks and changing algorithm shows these guys are serious and hard working Wink

Not to mention, the huge mental efforts that is required to dump obsolete or failing ideas/plans/schemes Shocked

Yelp, not many guys and gals can do that last part Roll Eyes
legendary
Activity: 1260
Merit: 1116
January 25, 2015, 07:58:22 PM
This seems like a nice little coin. I hope my small purchase doesn't crash the market Undecided 

Hello Smiley
hero member
Activity: 532
Merit: 500
January 21, 2015, 02:33:24 PM
AVG internet security keeps deleting the Feathecoin application of Windows 7 Huh

Added it to my exceptions list, but still keeps deleting the wallet Embarrassed

Anyone know anything about AVG, please help Cheesy

All worked fine on my old anti-virus software (Avast) Huh

Never had a problem with AVG. Be sure to install latest version and update and scan before attempting to install

It is working fine now, an apparently randomly caused event Wink

Now that I think about it, I had the same problem with mining related programs while using AVG Free, but glad its allright now!
legendary
Activity: 1092
Merit: 1004
January 21, 2015, 01:41:08 PM
AVG internet security keeps deleting the Feathecoin application of Windows 7 Huh

Added it to my exceptions list, but still keeps deleting the wallet Embarrassed

Anyone know anything about AVG, please help Cheesy

All worked fine on my old anti-virus software (Avast) Huh

Never had a problem with AVG. Be sure to install latest version and update and scan before attempting to install

It is working fine now, an apparently randomly caused event Wink
hero member
Activity: 532
Merit: 500
January 21, 2015, 07:21:41 AM
AVG internet security keeps deleting the Feathecoin application of Windows 7 Huh

Added it to my exceptions list, but still keeps deleting the wallet Embarrassed

Anyone know anything about AVG, please help Cheesy

All worked fine on my old anti-virus software (Avast) Huh

Never had a problem with AVG. Be sure to install latest version and update and scan before attempting to install
legendary
Activity: 1092
Merit: 1004
January 20, 2015, 12:55:24 PM
AVG internet security keeps deleting the Feathecoin application of Windows 7 Huh

Added it to my exceptions list, but still keeps deleting the wallet Embarrassed

Anyone know anything about AVG, please help Cheesy

All worked fine on my old anti-virus software (Avast) Huh
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