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Topic: Who on earth valued feather coin so high - page 4. (Read 21632 times)

legendary
Activity: 1061
Merit: 1001
tip from a noob

stop calling it FC
if it ever has a ticker then it will be FTC
also looks more credible and memorable next to BTC and LTC

also saves the constant confusion with that freicoin one

if this is a genius tip feel free to send me 5000 FTC  Grin
newbie
Activity: 11
Merit: 0

I had not seen this one before, just shot milk out my nose Smiley
sr. member
Activity: 336
Merit: 250
♫ the AM bear who cares ♫
I think anyone paying over 10ltc for 1000 fc is basically stupid

Couldn't help but grin when I saw you on the Google Docs exchange just now, buying at 20 LTC / 1000 FC

full member
Activity: 126
Merit: 100
25LTC +/-

ROFL. you want to buy 1000FC for 25,000LTC then?

Misread Wink
1000FC is slightly different than 1 FC

You get the jist though.
newbie
Activity: 42
Merit: 0
25LTC +/-

ROFL. you want to buy 1000FC for 25,000LTC then?
full member
Activity: 126
Merit: 100
25LTC +/-
hero member
Activity: 868
Merit: 1001
https://keybase.io/masterp FREE Escrow Service
It seems that feather coin grew some wings and the price flew up Grin
member
Activity: 84
Merit: 10
hero member
Activity: 631
Merit: 501
BTW =-= I wasn't bashing FC... I love all Alts!

I like owning anything that is considered 'a piece of history' in terms of how value is stored.
Oh yeah, they have a word for people like me .... collectors!   Cheesy
hero member
Activity: 617
Merit: 531
WHAT IS THE PURPOSE OF FEATHER COIN, AND DOES IT SERVE ANY PURPOSE ASIDE FROM BEING PURELY A SPECULATIVE PUMP N DUMP MACHINE?

I'd like to know the purpose as well; six pages into this thread & there still isn't a decent reason given for the actual point of FC.

It really is simple. It is more abundant than Litecoin. If this does not interest you then ignore it for now.

Litecoin is more abundant than Bitcoin and it has served it well. There are already scrypt alternatives, mincoin, which only has 10 million coins so is positioned against Litecoin. Then there is Novacoin which will have plenty of coins but has a very small block reward so again positions against Litecoin for now and it had a controversial beginning. Then there is RUCoin which I will ignore and BBQCoin which was always a just-for-fun project.

Looking around at the alternatives I felt positive about Feathercoins future even before I launched the coin.

The one thing I did not want to do with this coin is try to replace LiteCoin as so many others have done before. I think LiteCoin holds its place well out there and shows that there is room for more than one coin.
hero member
Activity: 631
Merit: 501
WHAT IS THE PURPOSE OF FEATHER COIN, AND DOES IT SERVE ANY PURPOSE ASIDE FROM BEING PURELY A SPECULATIVE PUMP N DUMP MACHINE?

I'd like to know the purpose as well; six pages into this thread & there still isn't a decent reason given for the actual point of FC.


My guess:  perhaps the intent is panic and seeking shelter from ASIC mayhem.
Since scrypt is the only safe haven from that area -- there seems to be an awful lot of interest in creating scrypt based coins.


sr. member
Activity: 341
Merit: 250
WHAT IS THE PURPOSE OF FEATHER COIN, AND DOES IT SERVE ANY PURPOSE ASIDE FROM BEING PURELY A SPECULATIVE PUMP N DUMP MACHINE?

I'd like to know the purpose as well; six pages into this thread & there still isn't a decent reason given for the actual point of FC.
hero member
Activity: 617
Merit: 531
It's probably cause the price jumped to 30 LTC and OP was scared that he missed the boat.

Well if you dont know about my hold of litecoin then god knows where you've been the last year. Fact is Im all for Litecoin atm, and was initially interested in buying a few FC just to gamble with. The amount I was going to buy was seriously small, around 100ltc worth, which is why Ive changed my thinking now.

I agree with other posts about how this coin was developed to be a pump n dump machine. The developer, all I can say to you is kudos on doing something with your skills, but seriously you've created something that serves ABSOLUTELY NO PURPOSE. Litecoin at the very least was meant to handle small payments, so taking this into account answer me one thing:

WHAT IS THE PURPOSE OF FEATHER COIN, AND DOES IT SERVE ANY PURPOSE ASIDE FROM BEING PURELY A SPECULATIVE PUMP N DUMP MACHINE?

I believe it fills the gap underneath Litecoin, this does not compete directly with Litecoin. I see the gap there but others do not. There are lots of alts but they are mostly SHA-256 for some reason. I have generally supported altcoins, especially Litecoin, even when others have not.
hero member
Activity: 560
Merit: 500
Minds are like parachutes they work best when open
It's probably cause the price jumped to 30 LTC and OP was scared that he missed the boat.

Well if you dont know about my hold of litecoin then god knows where you've been the last year. Fact is Im all for Litecoin atm, and was initially interested in buying a few FC just to gamble with. The amount I was going to buy was seriously small, around 100ltc worth, which is why Ive changed my thinking now.

I agree with other posts about how this coin was developed to be a pump n dump machine. The developer, all I can say to you is kudos on doing something with your skills, but seriously you've created something that serves ABSOLUTELY NO PURPOSE. Litecoin at the very least was meant to handle small payments, so taking this into account answer me one thing:

WHAT IS THE PURPOSE OF FEATHER COIN, AND DOES IT SERVE ANY PURPOSE ASIDE FROM BEING PURELY A SPECULATIVE PUMP N DUMP MACHINE?
hero member
Activity: 683
Merit: 500
I put out a scrypt coin that I had been waiting for
You were really waiting for an almost exact copy of litecoin?  Cheesy

...or you thought, if I take litecoin, change a little bit the numbers and get enough suckers behind it, we gonna be rich  Tongue
hero member
Activity: 617
Merit: 531
The founders blatently premined loads, or had hardware to push it. Litecoin started at the very bottom even with exchanges. This currency just seems to want to follow where other coins trod... stupid noob buyers. Got nothing against the miners... but the buyers paying over 10ltc for 1000 fc are thick, and people trying to push it are too.

FACT IS YOU WOULDNT NEED TO PUSH IT SO DESPERATELY IF IT SERVED A PURPOSE.... WHICH IT DOES NOT!

Hi Koolio, I am the developer. The take up of Feathercoin has surprised me, I put out a scrypt coin that I had been waiting for and it seems to have hit the spot. So many of the others missed the mark unfortunately. There is no premine of this coin, I did tell my other half but she does not really get it, and that's after years of talking about cryptocurrencies. The first anyone else knew of this coin was on the forum and within minutes hash power was being sent to this coin dwarfed my own. I have enough to keep an invested interest which is good for the coin. Coblee has not been seen much after he paid his share out to people after the pirate pass-through. The number of coins I have does not compare to others. I recently tried to buy 100k of Feathercoin for 10BTC but did not get one offer. The offer still stands.

As to who sets the price, the community does. That has always been the way with cryptocoins. We really need an exchange so that we can find a fair price for this coin.

A lot of the services that has come together already for this coin is due to the bounties that have been put up by several people. You can find the bounties thread below. I really like the community aspect that has come up around this coin, there is a lot of well skilled people working on this who do not hold a vast share of coins either but are still keen to get involved.

https://bitcointalksearch.org/topic/updated-fc-feathercoin-bounties-and-how-you-can-help-earn-fc-get-free-fc-181443
hero member
Activity: 756
Merit: 500
Lets bribe http://cryptocur.com/ so it add FeatherCoin and write something glamorous about it.

Litecoin : SAME AS BITCOIN apart from : Uses a memory hard hashing algorithm called scrypt. AND 2.5 minute block rate.

PPCoin : Somewhat different than bitcoin : Unlike Bitcoin ppcoin does not require the use of energy to sustain the  network. Proof-of-work currently remains the most practical way of providing initial minting of a cryptocurrency so it was decided to keep it as part of the hybrid design. (Some complicated shit)

Terracoin : SAME AS BITCOIN apart from Huh ; maximum of 42 million coins offering 20 coins per block and Block generation every 2 minutes instead of 10 minutes.

Novacoin : SAME AS LITECOIN apart from Huh ; There have been claims that over 200.000 coins were premined by the developer. The developer has claimed that only 60.000 coins have been premined but apparently BTC-e admitted that they got 100.000 coins to accept this currency on their exchange.

Feather coin : SAME AS LITECOIN apart from Huh ;  block reward of 200, total of 336 million coins, Feather coins were not premined much BUT THEY WERE !

Feel free to fill the blanks with altcoin I've never heard about. (namecoin is not worth explaining)

What makes you say they were pre-mined?
member
Activity: 111
Merit: 10
Possibilities are limitless
just curious where are people trading their feathercoins at?
hero member
Activity: 658
Merit: 500


100% the name. People like Feathers
[/quote]

agree with jason, I can't go past a good name, and "feather" is great it's like a silver eagle but lighter.  Smiley
donator
Activity: 1731
Merit: 1008
Lets bribe http://cryptocur.com/ so it add FeatherCoin and write something glamorous about it.

Litecoin : SAME AS BITCOIN apart from : Uses a memory hard hashing algorithm called scrypt. AND 2.5 minute block rate.

PPCoin : Somewhat different than bitcoin : Unlike Bitcoin ppcoin does not require the use of energy to sustain the  network. Proof-of-work currently remains the most practical way of providing initial minting of a cryptocurrency so it was decided to keep it as part of the hybrid design. (Some complicated shit)

Terracoin : SAME AS BITCOIN apart from Huh ; maximum of 42 million coins offering 20 coins per block and Block generation every 2 minutes instead of 10 minutes.

Novacoin : SAME AS LITECOIN apart from Huh ; There have been claims that over 200.000 coins were premined by the developer. The developer has claimed that only 60.000 coins have been premined but apparently BTC-e admitted that they got 100.000 coins to accept this currency on their exchange.

Feather coin : SAME AS LITECOIN apart from Huh ;  block reward of 200, total of 336 million coins, Feather coins were not premined much BUT THEY WERE !

Feel free to fill the blanks with altcoin I've never heard about. (namecoin is not worth explaining)
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