Topic: Feathercoin [FTC] - page 133. (Read 460641 times)

Dreamwatcher +1

Cycloid -100 You're an Ass

Well said dreamwatcher! I'm glad some high-standing members can appreciate the work that he's doing and the goal he's trying to achieve with Feathercoin. I appreciate the support you've been giving it and the work you've donated towards helping it become better.

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.

Ooo, that amiesplayground (currently 6th down) one isn't bad lol

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

[Moderator note: NFSW LINKS]

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

 

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

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

a new p2pool out http://198.211.122.17:19327

and? that pretty much happens with every asset when all are put up for sale.

what do you think would happen to the bitcoin price or the apple stock when everybody starts selling at once?

lol. is there any truth to that?

But that's not what was paid for them, and if you put them all up for sale the price would plummet. It's only hoarding that keeps the price up.

At peak prices that's around 32,500 BTC or $3.6 million.  Not a bad haul.

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

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 !

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

True it's worse now:



Such a meteoric introduction of Feathercoin, then bang they blew the momentum with the crazy difficulty hike. The designed block rate is 2.5min same as LTC, you can see from above that it's blown out to well over 13min. They need to rethink the targeting algorithm, make it quicker to drop than rise. If you going to design a coin that is supposed to be friendly to smaller miners, then make sure it doesn't stay for weeks at 13min block rate when it is supposed to be 2.5min.

I don't have a solid understanding of how the background operation runs, but would it be possible to add an adjustment to the code where difficulty is adjusted every X blocks or every Y days?  It would seem that the X blocks accomodate for an increase in hashpower nicely, but there is no adjustment in place to handle a decrease in hashpower.  So if 2016 blocks "should" take 3.5 days of time, then Y days should probably be 3.5 or some multiple of that.  Seems to make sense to me, but again I don't know what would be involved to make a change of that nature...

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.

yea. My pool is bleeding about a percent an hour.

Time to Retarget    15 day(s), 22 hour(s), 8 min, 38 sec
Expected Time per Block    0 day(s), 0 hour(s), 13 min, 21 sec

This is terrible. Looks like we are moving backwards. Let's see how these stats change after 24 hours

diff changes every 2016 blocks (IIRC) and we are only 300 blocks into this difficulty. It's going to take quite a while if hash rate doesn't improve to get down.