Topic: What's happening with feathercoins (Read 1205 times)
It will be like this for a while. A steady stream of altcoins coming and going. But FTC seems to be headed down.
Feathercoins are worthless now. Everybody moved on to newer coins.
It is a real shame and I hope the difficulty change makes a difference. That and I'm still holding quite a few ftc 
i put my life savings into feather coin because this guy i know said it was a good investment. now im just hoping it goes back up so i can at least afford some top ramen tomorrow.
Yes it had a nice run but appears to be over at this point.
I'd post on this other thread to ask this, but can't as I'm limited to the newbie section:
https://bitcointalksearch.org/topic/feathercoin-pool100m-186539
I had mined with that pool when mining FTC was worthwhile, and had 11 FTC "stuck" in there, as the pool only pays out above 20. So I set about mining again just to get up to 20. The pool found two blocks in fairly rapid succession, which would have taken me up to 31 FTC but both are now showing as invalid:
http://fc.ltcoin.net/blocks.php
Is there any way to see if this is real info, i.e. did the pool really find those blocks and they became invalid in some way, or is it just a scam to keep people mining for free in the hope of reaching 20 FTC to be able to cash out? If it's definitely a scam and I'm never going to get the FTC I have in there, obviously I'm better off doing something else with my GPU time and electricity.
https://bitcointalksearch.org/topic/feathercoin-pool100m-186539
I had mined with that pool when mining FTC was worthwhile, and had 11 FTC "stuck" in there, as the pool only pays out above 20. So I set about mining again just to get up to 20. The pool found two blocks in fairly rapid succession, which would have taken me up to 31 FTC but both are now showing as invalid:
http://fc.ltcoin.net/blocks.php
Is there any way to see if this is real info, i.e. did the pool really find those blocks and they became invalid in some way, or is it just a scam to keep people mining for free in the hope of reaching 20 FTC to be able to cash out? If it's definitely a scam and I'm never going to get the FTC I have in there, obviously I'm better off doing something else with my GPU time and electricity.
I had a similar issue with the "lol just kidding you can't cash out until 20 FTC now!" thing on that same pool. I PMed the guy running it last night I believe and asked him to just pay me the balance i had on the pool, and I just got the incoming payment notice. So try that.
It's hard to call it an outright scam, when it seems to be just a terribly, terribly run pool with awful documentation. Never attribute to malice that which can be explained by incompetence, I guess.
I pointed my tiny miner to this thing just helping to get over the bump in the road. With current mining power, how long will it take FTC to reach a more reasonable difficulty that matches available mining power?
Its still failing =\
Altcoins: not even once.
I'd post on this other thread to ask this, but can't as I'm limited to the newbie section:
https://bitcointalksearch.org/topic/feathercoin-pool100m-186539
I had mined with that pool when mining FTC was worthwhile, and had 11 FTC "stuck" in there, as the pool only pays out above 20. So I set about mining again just to get up to 20. The pool found two blocks in fairly rapid succession, which would have taken me up to 31 FTC but both are now showing as invalid:
http://fc.ltcoin.net/blocks.php
Is there any way to see if this is real info, i.e. did the pool really find those blocks and they became invalid in some way, or is it just a scam to keep people mining for free in the hope of reaching 20 FTC to be able to cash out? If it's definitely a scam and I'm never going to get the FTC I have in there, obviously I'm better off doing something else with my GPU time and electricity.
https://bitcointalksearch.org/topic/feathercoin-pool100m-186539
I had mined with that pool when mining FTC was worthwhile, and had 11 FTC "stuck" in there, as the pool only pays out above 20. So I set about mining again just to get up to 20. The pool found two blocks in fairly rapid succession, which would have taken me up to 31 FTC but both are now showing as invalid:
http://fc.ltcoin.net/blocks.php
Is there any way to see if this is real info, i.e. did the pool really find those blocks and they became invalid in some way, or is it just a scam to keep people mining for free in the hope of reaching 20 FTC to be able to cash out? If it's definitely a scam and I'm never going to get the FTC I have in there, obviously I'm better off doing something else with my GPU time and electricity.
I hear you brother 
Like ChinaCoin and other new alt currencies, it seems like a pump and dump =(.
The King is dead, long live the King. Coinking that is, a new cryptocurrency I've just made up.
I had written a comedy press release in another thread for MugabeCoins, the hyperinflationary crypto-coin, but it got deleted. Comedy is a dead art.
The King is dead, long live the King. Coinking that is, a new cryptocurrency I've just made up.
Most of these people are not doing mining because they want the difficulty to be lower...
http://rationalwiki.org/wiki/Pump-and-dump
http://rationalwiki.org/wiki/Pump-and-dump
Honestly, that about sums up 90% of the stuff people are doing with coins.
If I have an active miner, and I just terminate the miner program (so I can go back to LTC) I wouldn't lose the work shares I've done on my pool, right? Only if I delete the miner from the pool itself via the website.
Anyone help me out on that?
pump and dump coin
Most of these people are not doing mining because they want the difficulty to be lower...
http://rationalwiki.org/wiki/Pump-and-dump
http://rationalwiki.org/wiki/Pump-and-dump
So am I correct in assuming that without activity in terms of trading, and people fleeing the mining of FTC, the confirmations of mined blocks and confirmations of transactions is going to just take forever now? Because that'd explain why I'm not getting my coins.
will it eventually crash to zero or have some value?
I think it's dead...
Last time I was on the client, it took like 8 hours just to update a block. :l Transactions would take many hours.
Jump to: