Topic: [FTC] 12 hours to next difficulty jump (40 to 86!) - page 3. (Read 4351 times)
nope, because your block rate gives out 1337 coins compared to ltc's 50 coins, each "thep33t" coin would be worth 50/1337 or .037 LTC (assuming same hashing power and same block rate as LTC)
Here is the math he is doing:
say we have 2 units of processing power on LTC.
LTC pays out at 50 coins per block.
LTC is worth about $4.00
say we have 2 units of processing power on FTC.
FTC pays out at 200 coins per block.
LTC is worth about $1.00 (because 4x more coins are generated for the same amount of processing power, hence the 1/4 worth of the coin)
say we have 2 units of processing power on LTC.
LTC pays out at 50 coins per block.
LTC is worth about $4.00
say we have 2 units of processing power on FTC.
FTC pays out at 200 coins per block.
LTC is worth about $1.00 (because 4x more coins are generated for the same amount of processing power, hence the 1/4 worth of the coin)
I know the math, and mine in my above example (roughly) is correct, using that math.
Here is the math he is doing:
say we have 2 units of processing power on LTC.
LTC pays out at 50 coins per block.
LTC is worth about $4.00
say we have 2 units of processing power on FTC.
FTC pays out at 200 coins per block.
LTC is worth about $1.00 (because 4x more coins are generated for the same amount of processing power, hence the 1/4 worth of the coin)
say we have 2 units of processing power on LTC.
LTC pays out at 50 coins per block.
LTC is worth about $4.00
say we have 2 units of processing power on FTC.
FTC pays out at 200 coins per block.
LTC is worth about $1.00 (because 4x more coins are generated for the same amount of processing power, hence the 1/4 worth of the coin)
The FTC price is pathetic atm. about 0.0013BTC whilst LTC is 0.03BTC
FTC should be twice that, rising to around 0.25LTC when the difficulty matches LTC.
Not that I wouldn't enjoy that, but what makes you come to that conclusion, other than, "I said so" or "I heard it from others"?
So my thep33t coin, which happens to give 1337 per block, and same block rate as FTC should be worth, roughly, 1.337 LTC?
The FTC price is pathetic atm. about 0.0013BTC whilst LTC is 0.03BTC
FTC should be twice that, rising to around 0.25LTC when the difficulty matches LTC.
Not that I wouldn't enjoy that, but what makes you come to that conclusion, other than, "I said so" or "I heard it from others"?
The FTC price is pathetic atm. about 0.0013BTC whilst LTC is 0.03BTC
FTC should be twice that, rising to around 0.25LTC when the difficulty matches LTC.
FTC should be twice that, rising to around 0.25LTC when the difficulty matches LTC.
Give me some of what you're smoking, share the wealth!
If it jumps that high and the price doesn't go with it, I think a lot of people will jump ship and go back to LTC. I have been mining FTC with the sole purpose to convert to LTC at a 25FTC/1LTC rate because it's been more profitable that mining LTC. Without the increase in price, FTC would become less profitable.
Who knows though? FTC's price might triple and stay ahead of LTC. If that's the case, I'm going to regret selling all the FTC I had mined already.
Who knows though? FTC's price might triple and stay ahead of LTC. If that's the case, I'm going to regret selling all the FTC I had mined already.
The FTC price is pathetic atm. about 0.0013BTC whilst LTC is 0.03BTC
FTC should be twice that, rising to around 0.25LTC when the difficulty matches LTC.
Not that I wouldn't enjoy that, but what makes you come to that conclusion, other than, "I said so" or "I heard it from others"?
If it jumps that high and the price doesn't go with it, I think a lot of people will jump ship and go back to LTC. I have been mining FTC with the sole purpose to convert to LTC at a 25FTC/1LTC rate because it's been more profitable that mining LTC. Without the increase in price, FTC would become less profitable.
Who knows though? FTC's price might triple and stay ahead of LTC. If that's the case, I'm going to regret selling all the FTC I had mined already.
Who knows though? FTC's price might triple and stay ahead of LTC. If that's the case, I'm going to regret selling all the FTC I had mined already.
The FTC price is pathetic atm. about 0.0013BTC whilst LTC is 0.03BTC
FTC should be twice that, rising to around 0.25LTC when the difficulty matches LTC.
If it jumps that high and the price doesn't go with it, I think a lot of people will jump ship and go back to LTC. I have been mining FTC with the sole purpose to convert to LTC at a 25FTC/1LTC rate because it's been more profitable that mining LTC. Without the increase in price, FTC would become less profitable.
Who knows though? FTC's price might triple and stay ahead of LTC. If that's the case, I'm going to regret selling all the FTC I had mined already.
Who knows though? FTC's price might triple and stay ahead of LTC. If that's the case, I'm going to regret selling all the FTC I had mined already.
How many FCs do you own? 200,000+ ??
And why must you spam us with FC threads?
https://bitcointalksearch.org/topic/m.1981369
https://bitcointalksearch.org/topic/m.1962907
https://bitcointalksearch.org/topic/m.1961784
https://bitcointalksearch.org/topic/m.1937200
https://bitcointalksearch.org/topic/m.1937068
https://bitcointalksearch.org/topic/m.1926438
https://bitcointalksearch.org/topic/m.1923688
https://bitcointalksearch.org/topic/m.1922223
https://bitcointalksearch.org/topic/m.1916472
That's 10 FC threads created in 1 week including this one...
Stop with the FC spam... no need to update us on the network speed at each difficulty change. Notice no one else does that with any other coin...
You are trying your best to pump up that FC value, but it is quite obvious what is going on to everyone else. You are not the only FCer doing this either, otherwise it might not be such an annoyance.
Not stable, been 2.66GHs 8hours ago, back down to 2.44GHs atm.
Very curious to see prices adjusting after a 100%+ difficulty jump
+50% up at least.
Not stable, been 2.66GHs 8hours ago, back down to 2.44GHs atm.
Very curious to see prices adjusting after a 100%+ difficulty jump
Not stable, been 2.66GHs 8hours ago, back down to 2.44GHs atm.
http://stats.feathercoin.com/ 2.3GH/s and stable
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