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Topic: Feathercoin [FTC] - page 132. (Read 460641 times)

sr. member
Activity: 255
Merit: 250
May 10, 2013, 03:53:47 AM
@Bushstar I do like the 1/4th idea. Keeps everything in line, and won't allow people to rape the coins when the next difficulty comes and is low for another 2-3 days.

Is Bushstar going to implement the 1/4th idea? Otherwise the blockchain might be dying.
hero member
Activity: 545
Merit: 500
May 09, 2013, 11:04:33 PM
Come on people move forward. The coin is already dead.

Yes i mined it for few days and then sold it at exchange once the network hash rate dropped. and No i  don't feel guilty because there was no innovation in FTC. Just a copycat.
sr. member
Activity: 322
Merit: 250
May 09, 2013, 10:58:22 PM
now fc.ltcoin.net still have 40M.

put more hash, let it continue.
full member
Activity: 154
Merit: 100
CoinTropolis
May 09, 2013, 10:56:12 PM
I guess FTC is dead already?!

Been trying for days to mine it on P2P and can't connect to any nodes. Now I tried Xfering what I had in my wallet to BTC-e and it's stuck in limbo...neither in my wallet nor in my BTC-e account since no one is mining to Xfer it.

Though I had hoped the best for it, it appears as though it was a scam coin after all. The devs did a lot of hard work getting the word out on it and then getting it on a few exchanges to give it some value and now it appears to be dead in the water!

Glad I only wasted 3 days mining it. Now if I could only unload the 500 I have on some fool...but alas...it's stuck in digital limbo.

At least you admitted to just guessing, I appreciate the question. Feel free to join us at the official forum and take a look at the projects/initiatives that are currently being pushed forward.

I can't speak to the 'scam coin' assertion, it's too bro-coin for me personally. However,  I can tell you quite a few of us are spending time on the coin. Thanks for the comment and hope you take a few minutes to peek around.
full member
Activity: 128
Merit: 100
May 09, 2013, 10:42:58 PM
I guess FTC is dead already?!

Been trying for days to mine it on P2P and can't connect to any nodes. Now I tried Xfering what I had in my wallet to BTC-e and it's stuck in limbo...neither in my wallet nor in my BTC-e account since no one is mining to Xfer it.

Though I had hoped the best for it, it appears as though it was a scam coin after all. The devs did a lot of hard work getting the word out on it and then getting it on a few exchanges to give it some value and now it appears to be dead in the water!

Glad I only wasted 3 days mining it. Now if I could only unload the 500 I have on some fool...but alas...it's stuck in digital limbo.
sr. member
Activity: 462
Merit: 250
May 09, 2013, 02:31:31 PM
I think allowing it to spend the next month before re targeting will kill any value FTC has. An option is a hard fork like TRC did, cutting down the block retarget time to.. 1/2 or a 1/4th of current. That way the difficulty swings still shouldn't be as bad, but we won't spend a month waiting for 2016 blocks ever again.

I have another option: if you believe in FTC, keep mining it.
We, miners, are the only ones who got the diff where it is now and we are the only ones who can get the network going again.

If you have lots of FTC, you can hardly get them to an exchange, so you have to mine to get it in or out.
I tried to get my FTC back from BTC-E to my wallet but they are stuck for hours now, 0 confirmations.

I'm mining FTC, right now, with 2.7KHash/s, If we all join for 24 hours we are back at a normal diff.

(http://fc.altpool.com - I'm really there, mining!)

2.7KHash/s? that will take some time=P

Im torned, i like feathercoin, but im earning 50usd pr day mining ltc (6500khash/s)=P
turning that off for 18 days (current time for retarget) will cost me 900usd...
full member
Activity: 168
Merit: 100
May 09, 2013, 01:02:04 PM
I think allowing it to spend the next month before re targeting will kill any value FTC has. An option is a hard fork like TRC did, cutting down the block retarget time to.. 1/2 or a 1/4th of current. That way the difficulty swings still shouldn't be as bad, but we won't spend a month waiting for 2016 blocks ever again.

I have another option: if you believe in FTC, keep mining it.
We, miners, are the only ones who got the diff where it is now and we are the only ones who can get the network going again.

If you have lots of FTC, you can hardly get them to an exchange, so you have to mine to get it in or out.
I tried to get my FTC back from BTC-E to my wallet but they are stuck for hours now, 0 confirmations.

I'm mining FTC, right now, with 2.7KHash/s, If we all join for 24 hours we are back at a normal diff.

(http://fc.altpool.com - I'm really there, mining!)

+1

I am throwing 400 KHash at the problem  www.feathercoin.is-a-geek.com

+1 Smiley


Reminder about www.WeMineFTC.com ! We will keep the server up even at a cost now Smiley ( 22Mhses btw Smiley  )
full member
Activity: 154
Merit: 100
May 09, 2013, 01:00:37 PM
http://trollbox.chickenkiller.com:19327/

another one to throw hashes at  (p2pool)
full member
Activity: 236
Merit: 100
May 09, 2013, 12:44:57 PM
I think allowing it to spend the next month before re targeting will kill any value FTC has. An option is a hard fork like TRC did, cutting down the block retarget time to.. 1/2 or a 1/4th of current. That way the difficulty swings still shouldn't be as bad, but we won't spend a month waiting for 2016 blocks ever again.

I have another option: if you believe in FTC, keep mining it.
We, miners, are the only ones who got the diff where it is now and we are the only ones who can get the network going again.

If you have lots of FTC, you can hardly get them to an exchange, so you have to mine to get it in or out.
I tried to get my FTC back from BTC-E to my wallet but they are stuck for hours now, 0 confirmations.

I'm mining FTC, right now, with 2.7KHash/s, If we all join for 24 hours we are back at a normal diff.

(http://fc.altpool.com - I'm really there, mining!)

+1

I am throwing 400 KHash at the problem  www.feathercoin.is-a-geek.com
legendary
Activity: 1526
Merit: 1002
Waves | 3PHMaGNeTJfqFfD4xuctgKdoxLX188QM8na
May 09, 2013, 12:41:37 PM
I think allowing it to spend the next month before re targeting will kill any value FTC has. An option is a hard fork like TRC did, cutting down the block retarget time to.. 1/2 or a 1/4th of current. That way the difficulty swings still shouldn't be as bad, but we won't spend a month waiting for 2016 blocks ever again.

I have another option: if you believe in FTC, keep mining it.
We, miners, are the only ones who got the diff where it is now and we are the only ones who can get the network going again.

If you have lots of FTC, you can hardly get them to an exchange, so you have to mine to get it in or out.
I tried to get my FTC back from BTC-E to my wallet but they are stuck for hours now, 0 confirmations.

I'm mining FTC, right now, with 2.7KHash/s, If we all join for 24 hours we are back at a normal diff.

(http://fc.altpool.com - I'm really there, mining!)

I do mine FTC still, but only have 1 card and live in a hot environment, so it gets turned off at night so I can sleep.

@Bushstar I do like the 1/4th idea. Keeps everything in line, and won't allow people to rape the coins when the next difficulty comes and is low for another 2-3 days.

I do think we need a fix for it but first we got to get it going again.

So miners, join me!
sr. member
Activity: 252
Merit: 250
May 09, 2013, 12:36:54 PM
I think allowing it to spend the next month before re targeting will kill any value FTC has. An option is a hard fork like TRC did, cutting down the block retarget time to.. 1/2 or a 1/4th of current. That way the difficulty swings still shouldn't be as bad, but we won't spend a month waiting for 2016 blocks ever again.

I have another option: if you believe in FTC, keep mining it.
We, miners, are the only ones who got the diff where it is now and we are the only ones who can get the network going again.

If you have lots of FTC, you can hardly get them to an exchange, so you have to mine to get it in or out.
I tried to get my FTC back from BTC-E to my wallet but they are stuck for hours now, 0 confirmations.

I'm mining FTC, right now, with 2.7KHash/s, If we all join for 24 hours we are back at a normal diff.

(http://fc.altpool.com - I'm really there, mining!)

I do mine FTC still, but only have 1 card and live in a hot environment, so it gets turned off at night so I can sleep.

@Bushstar I do like the 1/4th idea. Keeps everything in line, and won't allow people to rape the coins when the next difficulty comes and is low for another 2-3 days.
legendary
Activity: 1526
Merit: 1002
Waves | 3PHMaGNeTJfqFfD4xuctgKdoxLX188QM8na
May 09, 2013, 12:15:28 PM
I think allowing it to spend the next month before re targeting will kill any value FTC has. An option is a hard fork like TRC did, cutting down the block retarget time to.. 1/2 or a 1/4th of current. That way the difficulty swings still shouldn't be as bad, but we won't spend a month waiting for 2016 blocks ever again.

I have another option: if you believe in FTC, keep mining it.
We, miners, are the only ones who got the diff where it is now and we are the only ones who can get the network going again.

If you have lots of FTC, you can hardly get them to an exchange, so you have to mine to get it in or out.
I tried to get my FTC back from BTC-E to my wallet but they are stuck for hours now, 0 confirmations.

I'm mining FTC, right now, with 2.7KHash/s, If we all join for 24 hours we are back at a normal diff.

(http://fc.altpool.com - I'm really there, mining!)
sr. member
Activity: 462
Merit: 250
May 09, 2013, 09:40:49 AM
Seems like this retarget block size might be the death of feathercoin

network hashrate have dropped around 80% since hype and still going down...
Given the current value of FTC vs LTC im only making around 0,25BTC with ftc vs 0.6BTC with ltc... with about 6000khash/s

Any words from the feathercoin dev or has he also abandoned his project !!!

FTC need some serious life support as its about to die after 8 days...wow that must be a record !

He already said that he quit his job, he's probably vacationing somewhere or waiting for his gox withdrawal..

That did make me laugh. I'm not on vacation and I'm trying to get my wife to go full time. That can be her contribution to Feathercoin Smiley

Thanks for the support Dreamwatcher. I certainly understand where people are coming from especially since we have seen so many coins come out since Feathercoin. It seems to me that it was noted with the launch of Feathercoin, that there is a large market for new Scrypt coins. I was not aware of the demand myself, though this was something I desperately wanted. I expected to be lambasted and ostracised somewhat but left with a coin and a small group of people to work with like some of the other coins that came out before, this seemed like a worthy trade off to me.

The take off of Feathercoin was overwhelming. It forced me to scale the project up rapidly on many fronts as things became serious. If people are going to invest into a coin then I believe there is a responsibility of the developer to do everything they can to make sure that the investment is kept safe.

Back to business. I have posted over at the Feathercoin forum about the current high difficulty that people keep messaging my about. Also check out the new style for our forum, it is in line with the rest of the website.

http://forum.feathercoin.com/index.php?topic=305.msg1769#msg1769



i think the 4 time rule seems like a good idea!
nice to hear you havent abandoned ship=)
hero member
Activity: 617
Merit: 531
May 09, 2013, 05:23:34 AM
Seems like this retarget block size might be the death of feathercoin

network hashrate have dropped around 80% since hype and still going down...
Given the current value of FTC vs LTC im only making around 0,25BTC with ftc vs 0.6BTC with ltc... with about 6000khash/s

Any words from the feathercoin dev or has he also abandoned his project !!!

FTC need some serious life support as its about to die after 8 days...wow that must be a record !

He already said that he quit his job, he's probably vacationing somewhere or waiting for his gox withdrawal..

That did make me laugh. I'm not on vacation and I'm trying to get my wife to go full time. That can be her contribution to Feathercoin Smiley

Thanks for the support Dreamwatcher. I certainly understand where people are coming from especially since we have seen so many coins come out since Feathercoin. It seems to me that it was noted with the launch of Feathercoin, that there is a large market for new Scrypt coins. I was not aware of the demand myself, though this was something I desperately wanted. I expected to be lambasted and ostracised somewhat but left with a coin and a small group of people to work with like some of the other coins that came out before, this seemed like a worthy trade off to me.

The take off of Feathercoin was overwhelming. It forced me to scale the project up rapidly on many fronts as things became serious. If people are going to invest into a coin then I believe there is a responsibility of the developer to do everything they can to make sure that the investment is kept safe.

Back to business. I have posted over at the Feathercoin forum about the current high difficulty that people keep messaging my about. Also check out the new style for our forum, it is in line with the rest of the website.

http://forum.feathercoin.com/index.php?topic=305.msg1769#msg1769

newbie
Activity: 41
Merit: 0
May 09, 2013, 03:50:18 AM
FTC should have been CPU like YAC.  Lips sealed

That would have made it the true Bronze.
hero member
Activity: 574
Merit: 500
May 09, 2013, 02:56:00 AM
Seems like this retarget block size might be the death of feathercoin

network hashrate have dropped around 80% since hype and still going down...
Given the current value of FTC vs LTC im only making around 0,25BTC with ftc vs 0.6BTC with ltc... with about 6000khash/s

Any words from the feathercoin dev or has he also abandoned his project !!!

FTC need some serious life support as its about to die after 8 days...wow that must be a record !

He already said that he quit his job, he's probably vacationing somewhere or waiting for his gox withdrawal..

lol. is there any truth to that?

OMG...i think this might have been a text book execution of PUMP & DUMP !!

Its nice to have been part of the process and too see the clear lines of how to preform such an operation...so many times in life the theory is always clouded by shades of grey

This well however was like a blow job....good start...then a frenzy and BOOM all over (her face lol..sorry it was there so i had to take it )

Oh well i though there might have been at least a good 6 months to balance the ltc diff curve..oh well back to the slave pits for me Cheesy

yep I always thought this coin required a fair stretch to jump on board and risk hard earned money ... but its best illustrated here:

http://feathercoin
or
http://feathercoin
or here
http://feathercoin

 Wink

I hope everyone enjoyed their quick money and got out in time if not ..
well learn some stretches and learn to enjoy the backwards pain of a clone coin crash


cycloid, you are better then this. In my communications with you, I never got the impression you were this juvenile.


As for the creator of Feathercoin, he was hardly creating a pump and dump.

I get to know some of the coin developers quite well and I find it disturbing some of the judgements that are passed on without ever having spoke to said developers.

bushstar was actually quite surprised by the popularity that Feathercoin gained so quickly. He was concerned about the responsibility of developing a coin that was gaining in value so quickly and was put on a major exchange.

Now he is trying to build a strong support web site, and I am maintaining a feathercoin explorer on the site at no cost. This is part of the effort to make a all-in-one site for feathercoin.

It seems every alt-coin is deemed a "pump-n-dump', however if one gets to know some of the developers, the answer is not as simple as all the nay-sayers claim here.

I know what I say here will have little impact as the trolls have a much louder voice than I. Just remember that there are real people behind the development of these coins, and it is very easy for somebody to troll with no real knowledge or research. Instead of just blindly following the trolls, why not try to get to know a coins community, maybe even have a couple of words with the developers. You might be very surprised at what you learn.




Ok fine so after 3 days of no comment of the fucked situation that FTC is in and no word from the devs...what else are we supposed to believe

So what is the solution to the diff factor retarget issue or who cares wait 20 days until retarget ??






member
Activity: 80
Merit: 10
Prospecting on the net, in a rundown old shack..
May 09, 2013, 02:26:55 AM
Personally, if I were a moderator on these forums, I'd ban the fuck out of some moron posting hardcore porn links hidden under a coin.url.

So I guess I know who to ignore.

As for FTC. Seems people are too eager to bash people who are not here to defend themselves of at least reply.

And no wonder.

full member
Activity: 124
Merit: 100
Hardhat Required in This Area
May 08, 2013, 11:36:41 PM
It was added to Vircurex too though, so doubt that.
legendary
Activity: 2072
Merit: 1001
May 08, 2013, 11:34:52 PM
I would guess it got on btce due to a bribe or operator of btce had a stash of it to sell. It will be taken down in the future.
sr. member
Activity: 434
Merit: 250
May 08, 2013, 11:25:36 PM
Seems like this retarget block size might be the death of feathercoin

network hashrate have dropped around 80% since hype and still going down...
Given the current value of FTC vs LTC im only making around 0,25BTC with ftc vs 0.6BTC with ltc... with about 6000khash/s

Any words from the feathercoin dev or has he also abandoned his project !!!

FTC need some serious life support as its about to die after 8 days...wow that must be a record !

He already said that he quit his job, he's probably vacationing somewhere or waiting for his gox withdrawal..

lol. is there any truth to that?

OMG...i think this might have been a text book execution of PUMP & DUMP !!

Its nice to have been part of the process and too see the clear lines of how to preform such an operation...so many times in life the theory is always clouded by shades of grey

This well however was like a blow job....good start...then a frenzy and BOOM all over (her face lol..sorry it was there so i had to take it )

Oh well i though there might have been at least a good 6 months to balance the ltc diff curve..oh well back to the slave pits for me Cheesy

yep I always thought this coin required a fair stretch to jump on board and risk hard earned money ... but its best illustrated here:

http://feathercoin.net
or
http://feathercoin.net
or here
http://feathercoin.net

 Wink

I hope everyone enjoyed their quick money and got out in time if not ..
well learn some stretches and learn to enjoy the backwards pain of a clone coin crash


cycloid, you are better then this. In my communications with you, I never got the impression you were this juvenile.


As for the creator of Feathercoin, he was hardly creating a pump and dump.

I get to know some of the coin developers quite well and I find it disturbing some of the judgements that are passed on without ever having spoke to said developers.

bushstar was actually quite surprised by the popularity that Feathercoin gained so quickly. He was concerned about the responsibility of developing a coin that was gaining in value so quickly and was put on a major exchange.

Now he is trying to build a strong support web site, and I am maintaining a feathercoin explorer on the site at no cost. This is part of the effort to make a all-in-one site for feathercoin.

It seems every alt-coin is deemed a "pump-n-dump', however if one gets to know some of the developers, the answer is not as simple as all the nay-sayers claim here.

I know what I say here will have little impact as the trolls have a much louder voice than I. Just remember that there are real people behind the development of these coins, and it is very easy for somebody to troll with no real knowledge or research. Instead of just blindly following the trolls, why not try to get to know a coins community, maybe even have a couple of words with the developers. You might be very surprised at what you learn.




Some times a joke is just a joke and Im sure people who paid 1:1 btc/ftc when it was launched on btc-e must be really needing a laugh now.

 Im obviously going to take it down as it was sorta a laugh thing and laughs this got today were well worth it  Roll Eyes


I do have to say that I am getting a little frustrated with coin clones being indorsed by so many people for a quick profit and then dumped on to the exchanges.

 What I find truly juvenile are the exchanges taking on coins like such this early on with out evaluating technical innovations to the community and letting new members in the community get wiped out by these recurring events.

 Ask yourself these questions, other then the name and 4X reward what else does this coin offer and why is it on the exchange like btc-e before FRC or even BBQ ? What long term niche does it serve ... other then people who missed btc and ltc rise and are jumping desperately on anything at this point ?

This BS has to stop why cant we just focus on making exchanges better and pump out those rather then pumping out Buttcoins at the rate of 1 per week and hoping it goes to the moon?

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