Topic: Who on earth valued feather coin so high - page 3. (Read 21632 times)

I didn't say pre-mined. I said mined, you launch the coin and start mining right away. If you're the only one mining, you're mining a shit ton.
Dev buying all the FC? Doesn't raise flags?? That's forcing a price.

Apparently its the dev as said above this quote forcing the price, not the market.
The market wants a pump and dump, why do you think ltc and btc went up and FC are the same price. Everyone who bought FC with LTC lost 1/3 of their money.

I hate how people keep arguing. Just let the demand from the general public decide. Its as simple as that. Look, Iridium is rarer than gold, but why is it not worth more? Theres not a high demand for it as gold. Same reason for MinCoin vs BitCoin, except MinCoin has a bad appearance.

A coin should be valued at whatever the market is willing to a pay. Wow, there are so many centralized planning currency types here, I'm a bit surprised.

Really?  If the developer pre-mined (alot of us know he didn't),  why has he been buying FC from forum members to help fund its promotion?

Should be worth 30 cents? you mean a coin that's been out for a week should be worth 30 cents? Worth 1.4mil? Which the dev probably mined 50% of these..

I didn't know I had to impress you. I'm sure you're a nice guy and all, but not really that important in my life. I'm amazed at the number of people that spend so much time against something rather than for their own passion.  Look, I'll leave it to the messageboard to keep with the 'noob, idiot, comedy' type comments. Enjoy that life. For the rest of the sane crypto population, we'll continue to work on services for the coins WE enjoy.

If you don't like a specific coin, don't use it. 

U forgot the best reason why Feathercoin is sooo great....

U can tickle people with ur coins!!

But in all seriousness u do raise very valid points.

If it's ok by you that I do whatever it takes to put some extra cash in my pockets, could you pm me your address and when it is most likely nobody is home?
And to buy some of your stuff back I have a sweat business deal for you, you pay me 100btc and I'll give you 1000 back, you only need to find 10 other people who do the same. 

Go to preferences - display and set "Unit to display:" in µ
Your instant rich. 

Really guys, your not even trying to come up with good arguments, things like:
- It's more fun to see big numbers
- It has four time more coins than Litecoin, that should make us the copper to btc, right?
- It's easier to mine
- As long as I make some money who cares
- There is a gap under Litecoin, maybe you don't see it, but I see it
- ...

Are all not arguments for a sane person to adopt this currency, I hope there still comes someone with a better argument, else you better start thinking of making a comedy show, you only need to put in all the arguments why Feathercoin is great and you got an instant "comedy show of the year".

The four times increase in coins is what appealed so greatly to my mind. I have always thought that Litecoin got a few things right, the increase in the number of coins, using scrypt cryptography and that blocks got solved four times faster than Bitcoin at 2.5 minutes a block. I'm always perplexed when people launch altcoins and do not use Litecoin's 2.5 minute block count.

To me it seemed that there might be a natural progression here along. Perhaps we have already trained out brains to work with the difference between Bitcoin and Litecoin and this would extend further along to FeatherCoin. As MarKusRomanus talked about in this thread, trading and mining in values less than one stops being fun. I do not think a lot of us would be here if we did not enjoy working with crypto currencies.

About other features. I believe it is enough right now to start with a denomination change. If there are any features that becomes a must have in any other Bitcoin based coin, it could be incorporated into FeatherCoin. A lot of the features seen in other coins are still experimental and I wanted FeatherCoin to have the solid foundation of Litecoin.

Bitcoin, Litecoin and any other coin can evolve along with others if they choose to. Bitcoin is often debating its future and I believe that there is a new Litecoin release in the mix with some interesting new features, though I do not know what. If you see a really good idea you should not ignore it.

However I should state that new features would only be introduced with the agreement of the community.

Bush

It's actually worth 30 cent and it should be worth 30 cent. It's significantly different.
Feathercoin is just Litecoin lite.

What is special about feathercoin?

The one thing I like about FTC is it keeps the 4X ratio going; there's 4x as many FTC as LTC, which in turn has 4X as many BTC will be. 

It's copper to LTC's silver to BTC's gold.

I just wish there was *something*, anything at all, that differentiated it from LTC besides number of coins.

And yes, it's clearly a pump-n-dump, but honestly all of the alts are at some point.  We'll see if there's any actual market forming around FTC in a few months.

Good point!
I also have this theory about the human mind not liking fractions of things.  When a crypto coin gets to the point where common trades/purchases involve 0.03 or 0.211 , the option to trade more of a less valuable coin becomes attractive.  That's why I think there will a few alt currencies that will last and grow.  Ideally both BTC and LTC will end up with their respective counterpart alt currencies.  For LTC, it very well may end up being Feathercoin.

Stop believing what you think is right.  You are not important.

Woohoo! Well said!

Why is everyone being so hard on FTC and the developer of it? The only reason I can possibly see for this thread is someone's trolling...trying to bring the asking price down so they can buy a bunch. There's no other possible reason for starting this thread!

So someone made a new crypto...so he released and promoted it at just the right time...so a few people are making a buck or 2 off of it...Who the Hell cares? More power to you all I say!

I don't see why anyone needs to justify their reasoning for starting their own coin to anyone else. There's nothing unethical about it, there's nothing evil in it and there's absolutely nothing wrong with making a profit off of your product...no matter what the product is or what purpose it serves!

A few of you made the claim that FTC was created for no other reason but for the developer to make some money...Sounds like the same purpose for creating this troll thread!

Personally I say, more power to both of you (FTC dev and OP)...I have no problem with anyone doing whatever it takes to put extra cash in their pockets.

BTW...I solo-mined only 2 blocks of FTC for a whopping 400 coins, but it's been serving a much greater purpose for me than providing 400 coins. I'm very much grateful for it and want to thank the developer for creating it! Keep up the good work!! 

Ok I can see buying a bunch and hoping for some appreciation. If it goes from 5 cents to 10 cents, of course you double your money.   

Because there are many crazy buyers like me.  
AS the  FC is rare now,I can sell a higher price in other platform.But it won't last long.

Actually has been trading at about $.08 each lately.

.025 USD for one feathercoin?  So that giveaway thread for them is basically giving out 12.5 cents worth??