Hello,
FAIL will be forked, because there is lack of interest in LTC pairs, not because it really failed. Other thing is that we didn't have developer support and therefore - we didn't talked with bigger exchanges to list us. A guy from Bittrex (I will not say his name) can confirm that I talked with him months ago (they still had LTC pair) and I said him: "Hey, can you consider listing FAIL on Bittrex when we look better (i.e. have coders)?" and his answer was positive. We also don't want to lie people! After that we talked with
many developers, but some of them turned to be scammers, others wasn't interested. One of our main differences from most of the coins is that we will be here for years ahead - no matter what is the current price and who is laughing. Many people are saying: "What do you expect? The coin is named FAIL and its doomed!", but guess what? 90% of those people are investing in coins which eventually are dead in less than a month. FAIL is still here! FAILCoin can really have pretty good future and sooner or later we believe that many people will see its potential as a currency. Those people will understand (or already know) that real profit can be made when you are persistent. What do you expect to happen after let's say 2 years with so many coins popping up each day? Little by little people are not interested, marketcap is shrinking and at the end - few coins will last. Coins with pretty high volume which will kill most of the pumpers too. We can't just launch coin after coin and expect to make
real profits. Yes, at the moment you still have the chance to make fast 1-2-5-100 BTC (that is the goal of almost everybody.. to exchange their currency for BTC and go away), but so what? At the end there will be nothing to make profit of. Many people already gave up on cryptos. Big percentage of them are ordinary people who don't have much money and some may say: "So what? Its normal to be eaten by a shark in business.", but here's the thing - those people were
building communities. I might be wrong, but I think that DOGE is the best example of that. Ordinary people liked it, creator refused to sell it and eventually some big investors appeared. Now most of those people are either disgusted or just gone. FAIL found its coders (and will continue to look for more) and its managers (
every one of them is good and honest person!). Now we are going to work hard to build strong network and community. Those 2 things are
vital for
every coin. After that - sky is the limit.
P.S.
Something like announcement to all: We decided that its best for FAIL to use only scrypt algo. Miners with SHA or GPU's can mine it on our multipool. ETA for the fork is 12th February. We really tried to make it multi-algo, but there can be many flaws and we want to avoid them.
P.S.2. Happy birthday to me and our lead dev.
Cheers,
Spartak