Topic: Who on earth valued feather coin so high - page 2. (Read 21636 times)

nice one indeed!

 

Exactly. I just chalk it up to people who dont like it just being invested elsewhere are are worried that a new coin or 2 taking off and hurting the investment.

The difference is that perhan007 couldn't imagine that a Feathercoin could be worth 100+ $ 2.5 years later but now people can .... 

I don't get the purpose of this thread: If you don't like Feathercoin, stay away from them.

No one forces you to buy Feathercoin, no one forces you to sell Feathercoin.

The difference is that Laszlo couldn't imagine that a bitcoin could be worth 100+ $ 2.5 years later but now people can and they think, "lets buy around 10.000 of xy, hort it and see what happens in a few month" and they are ready to throw a few hundred $$ into.

30 ltc for 1000fc that where a day earlier mined at ten thousands at a time.

You don't have to impress me, but if you don't want to see the following scenario: pump - dump -death
Than you better convince some people, and that won't be with the arguments I see here.

I don't hate your favorite coin, I'm not against alt coins, else I wouldn't have bought Litecoins and PPcoins right away. The others I don't have, and that has a reason. But I accept anything, if you need something and I can offer it I'll accept your Feathercoins, I just won't hold them for long because I don't have confidence in it at this moment.
The only people I see that have confidence in the coin are people that heard a month ago from cryptocurrencies and now adopt the first one that has some hype around it in the hope it goes up. This hasn't worked in the past and I can't believe it will work in the future, some will have earned from it, most will have waisted time and money.

I'm not important and I'm not starting a war against Feathercoin, I just give my opinion like the people that are pro-feathercoin give theirs, and sorry but the arguments I listed are arguments really used by them, and they will have the total opposite effect their trying to accomplish with them.

Seriously, what is wrong with you? You have to sit here and pick apart what other people say?

I am one of the early adopter of feathercoin and I mined several ten thousands the first two days but than it went down quickly... I was mining with 4000 - 12000 kHash/s and actually I was pretty surprised that I could sell those to LTC for 14 - 30 / 1000 FC the next days... I mean for a short periode this was like 1000$ per hour for mining with a usual rigg. So I would say that nobody got rich because there have been so many invalid / orphan blocks at the beginning.

We now have a winner for the most intellectually devoid statement ever made on bitcointalk.org. 

Must be sad not to have any curiosity about anything. 

I'm glad most of the human race doesn't share this sentiment.  We never would have advanced beyond living in caves. 

You could say exactly the same in a few month about the people who started to mine now... A popular coin will never be easier to mine in the future than now...

There was no mining before the coin was launched. Those who mined early have an extra incentive to put our services to support this coin. This is what has probably driven other coins forward and why we have seen such a vibrant community around this coin so quickly as these coins are still relatively easy to get hold of compared to Bitcoin and Litecoin. BBQCoin was a just-for-fun coin that was announced of time and all that happened is people took the time to prepare to trash it, which they did. There are arguments on all sides of launching a coin. I'm sorry you find this coin so disagreeable.


There was not. We need a coin distribution graph so we have some hard facts to work with. I will get on this again now that I have a VPS to host the daemon.

There were like 4 million produced the first day.

This seems like what happened with mincoin. Extremely high rewards in first three days. I dont believe Feather had that.

Too bad I wont be on that list )):

The high hash rate meant that there was no one miner being able to mint millions of coins for themselves. What we need is a rich list to get another view of coin distribution.

I refuse to buy FeatherCoins until they make at least 9 to 12 months of network existence.

It needs to stand the test of time before it is worth investing.

I know what you are saying as Feathercoin does seem timid in the respect that it is playing it safe. It is not trying out new features like proof-of-stake or demurrage which have yet to prove themselves. I will leave the grand experiments and great risks to others. I certainly feel safer having Litecoin and Feathercoin in my wallet, than I do with any of the other SHA-256 alternatives.


No. The hashrate went up drastically almost immediately after launching the coin and kept going up for days. About 12 hours after the coin was launched the network hashrate was around 60MH. I actually believe that we got a reasonably fair distribution of coins. For my mining efforts I got 128K coins of which I have given out 39,950 in bounties and donations. I intend to hold on to my coins through any rises and falls. Others may be treating this like a pump-and-dump but I am not one of them.

I do want to purchase coins cheaply to replace the ones I spent on bounties, I am not rich enough to cause trouble in any market. Personally I think the price may have gotten too high. I have been trying to buy at a rate of 5 LTC per 1,000 FC but am being told to go away. Whatever I think about the price I have no control over it, the market tells us what the price is.

What would be interesting is some good charts. I have a server where I intend to get AndyRossy's PPCoin charts installed. This will show the amount of coins mined a day and the difficulty, there will be more charts added over time.

What's sad is people STILL keep thinking a small amount of people have a majority of the coins. I was lucky to get on in the first day, but from what I could tell there were a lot of people who started within the first 4 hours and the mining was very spread out.