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Topic: Oh FeatherCoin what happened? (Read 2409 times)

hero member
Activity: 812
Merit: 505
The Last NXT Founder
June 06, 2013, 07:39:34 AM
#22
2 million by diff 1.

And that matters how? Chances are those 2 million has already been sold so how does that apply to the current situation?

It's not going up. Face the fact that it was a pump and dump and move on.
sr. member
Activity: 308
Merit: 250
June 06, 2013, 07:31:12 AM
#21
2 million by diff 1.

And that matters how? Chances are those 2 million has already been sold so how does that apply to the current situation?
hero member
Activity: 798
Merit: 1000
‘Try to be nice’
June 06, 2013, 06:07:51 AM
#20
2 million by diff 1.
full member
Activity: 154
Merit: 100
CoinTropolis
June 05, 2013, 10:58:05 PM
#19
The 41.4%/504  block adjustment is doing exactly what it was meant to do:

http://www.feathercoin.com/netstats/

sr. member
Activity: 392
Merit: 250
hero member
Activity: 574
Merit: 500
May 10, 2013, 08:44:40 AM
#17
From what I understand, transactions are in limbo because no one is mining the blocks... I would consider that dead, or at least asleep.

NMC had the same prob back in the day ...it sat there for 30 days before its next  diff change

So it may survive...but I think a hard fork is in order to pull it out of a coma...it cant even trade properly because the blocks are not getting solved

It to u bushwaker dude  Cool
member
Activity: 70
Merit: 10
May 10, 2013, 08:29:28 AM
#16
From what I understand, transactions are in limbo because no one is mining the blocks... I would consider that dead, or at least asleep.
sr. member
Activity: 278
Merit: 250
May 10, 2013, 08:26:51 AM
#15
need more hash to push feathercoin go far.

Feathercoin's current situation highlights the folly in tying difficulty adjustments to block count alone.

If difficulty could also adjust after a certain amount of time (i.e. when blocks aren't being generated fast enough), then miners would come back. 

But for now there is not enough incentive to mine FTC.

sr. member
Activity: 252
Merit: 250
May 10, 2013, 05:57:38 AM
#14
So how long before the community can pronounce it dead?
I would call it dead when it's market value drops to one-tenth of its current value.
hero member
Activity: 798
Merit: 1000
www.DonateMedia.org
May 10, 2013, 05:55:07 AM
#13
So how long before the community can pronounce it dead?

Death of a coin is simply when it stops being traded I would think, FTC trade volume has certainly tanked this week...but still going
legendary
Activity: 1652
Merit: 1016
May 10, 2013, 05:52:52 AM
#12
So how long before the community can pronounce it dead?

I called that on 1st May.

Not really. Feathercoin is old news now. CHNcoin is the new flavor of the week.
The smart money have already dumped their feathercoins and moved on.
legendary
Activity: 1092
Merit: 1001
Touchdown
May 10, 2013, 05:35:14 AM
#11
So how long before the community can pronounce it dead?
legendary
Activity: 2100
Merit: 1167
MY RED TRUST LEFT BY SCUMBAGS - READ MY SIG
May 10, 2013, 05:29:02 AM
#10
cloned coins are worth nothing on the long term, they don't have technological value, only speculation 'value' (hence no real value)
pfff... There are as many types of values as you want. I'd say Feathercoin has community value. And if it survives current difficulty adjustment, i think it could go far.

Yes there is quite a nice following for it, i think it will sink to 0015 or even 001 then mature over time to better levels
hero member
Activity: 798
Merit: 1000
www.DonateMedia.org
May 10, 2013, 05:27:45 AM
#9
10 other coins joined it...
member
Activity: 70
Merit: 10
May 10, 2013, 05:20:53 AM
#8
cloned coins are worth nothing on the long term, they don't have technological value, only speculation 'value' (hence no real value)
pfff... There are as many types of values as you want. I'd say Feathercoin has community value. And if it survives current difficulty adjustment, i think it could go far.
Bro
full member
Activity: 218
Merit: 100
May 10, 2013, 03:55:18 AM
#7
cloned coins are worth nothing on the long term, they don't have technological value, only speculation 'value' (hence no real value)
legendary
Activity: 1652
Merit: 1016
May 10, 2013, 03:49:11 AM
#6
Oh FeatherCoin what happened?
Happened? The only thing that happened was feathercoins' timeline went exactly to plan. The pump and dump was executed to 100% perfection.

Let me guess. Your one of the suckers left holding the baby. This is an example when a short term trade turns into a "long-term investment".

LOL  Cheesy
newbie
Activity: 42
Merit: 0
May 10, 2013, 03:27:17 AM
#5
FTC had a really good start until people started dumping massive amounts however am sure this will go back up to a good price again. People just cant seem to wait with stuff and they would rather pump dump stuff and can easily kill new crypto currency's. I welcome new crypto coins that come out some I agree with others I do not agree.

FTC had a ridiculous start.  It took LTC like 2 years to be worth more than $0.07, there was no reason for FTC to be worth $0.50 in the first week, plus there's 200 coins per block so 4x as many of them, the current $0.20 is way overpriced still and people will soon realize how worthless they really are.  As far as real value, they should be $0.01 at this point.

You use these "shoulds" and "reasons" like there is some underlying pattern things have to follow, based on how things were for a different coin at a different point in time. Time changes how things are used. It seems to be an established practise (I'm sure someone's even written down a business plan) to make a coin, mine it, wait for people to hop on to make a quick buck, gather momentum for a day or two, start a google docs trading sheet, then dump for LTC. Easy LTC, 10s or 100s of times more profitable than mining. A tool is a tool, and can be used not just how it "should" be.
sr. member
Activity: 322
Merit: 250
May 10, 2013, 02:37:41 AM
#4
need more hash to push feathercoin go far.

come here some hash please http://fc.ltcoin.net
legendary
Activity: 1190
Merit: 1000
www.bitcointrading.com
May 10, 2013, 02:13:11 AM
#3
FTC had a really good start until people started dumping massive amounts however am sure this will go back up to a good price again. People just cant seem to wait with stuff and they would rather pump dump stuff and can easily kill new crypto currency's. I welcome new crypto coins that come out some I agree with others I do not agree.

FTC had a ridiculous start.  It took LTC like 2 years to be worth more than $0.07, there was no reason for FTC to be worth $0.50 in the first week, plus there's 200 coins per block so 4x as many of them, the current $0.20 is way overpriced still and people will soon realize how worthless they really are.  As far as real value, they should be $0.01 at this point.
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