Topic: What's happening with feathercoins - page 2. (Read 1191 times)
People were exchanging FTC for ltc because there were some pretty stupid people buying FTC with ltc. This drove down the price of FTC while the difficulty raised for FTC, leading to more people abandoning FTC for a newer coin with lower difficulty and higher profitability. Also, FTC is not innovative or different then ltc, aside from rewarding early adopters more then ltc.
I bought a few when they first hit BTC-E, then sold the next day at a small lost. It's never been back up. I think someone said the difficulty got f*ed up when people mined with ASIC then stopped.
Yes it had a nice run but appears to be over at this point.
will it eventually crash to zero or have some value?
I can't say either way, I'm not an economist.
will it eventually crash to zero or have some value?
The pump & dump rush is over. FTC's current price can't support it's difficulty, so the miners moved to greener pastures.
Looks like the miners are disappearing. What's up?
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