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Topic: Why is everyone loving Feathercoin so much? - page 6. (Read 12479 times)

hero member
Activity: 798
Merit: 1000


 A get rich quick scheme?


That's what all the altcoins are (and I don't particularly have anything against them, I just choose to ignore them for the most part).   It's just people wanting to make easy money though, make no mistake about it.
hero member
Activity: 812
Merit: 505
The Last NXT Founder
I wouldn't really say LTC is an "alt currency"

It's like saying $5 bill is alt currency to the $10 bill.

That's totally silly logic here.

Id consider 5 ltc is the 10 ltc equivalent of a 5 dollar bill, why on earth would you use a different currency to float the 2??
sr. member
Activity: 1232
Merit: 250
Alexander KOSTIN | GoldMint
I wouldn't really say LTC is an "alt currency"

It's like saying $5 bill is alt currency to the $10 bill.
legendary
Activity: 1484
Merit: 1026
In Cryptocoins I Trust
There's been a strong push by the authors to get FTC accepted for goods/services. Very few alt coins can say that. But yeah, difficulty is about to double yet again. It's still not clear to me why any alt coin has value to be honest.

Difficulty is only going up because it is overvalued and extremely profitable to mine.

If value crashes, so will the network speed. The same could be said for any other ALT currency though really (except for maybe LTC).
hero member
Activity: 845
Merit: 609
It offers no advantage over Litecoin. I see a lot of the same rhetoric from FC adopters - it's the 3rd crypto coin. Can't I say this about BBQcoin, PPcoin, NVC, or any other Coin that's actually traded?

There's been a strong push by the authors to get FTC accepted for goods/services. Very few alt coins can say that. But yeah, difficulty is about to double yet again. It's still not clear to me why any alt coin has value to be honest.
newbie
Activity: 42
Merit: 0
It offers no advantage over Litecoin. I see a lot of the same rhetoric from FC adopters - it's the 3rd crypto coin. Can't I say this about BBQcoin, PPcoin, NVC, or any other Coin that's actually traded?
legendary
Activity: 1484
Merit: 1026
In Cryptocoins I Trust
1. Everyone wants to be an early adopter Feathercoin Billionaire.
2. FC price is overvalued right now so mining it is like 300% more profitable than Bitcoin mining, so all the miners are here trying to spark interest and demand amongst buyers.
3. Another scrypt coin I guess
4. Most FC supporters are new to the forums, and I think they see this as their get rich quick scheme.

*hides under his desk awaiting the barrage of Tomatos from FCers*
hero member
Activity: 764
Merit: 500
Feathercoin isn't a bad name. And it uses scrypt. It's early and you can still hop aboard.  That's about it.
member
Activity: 109
Merit: 10
I think it's because there is a strong desire for 2 different currencies that use Scrypt as the hashing algorithm.

This fused with the strong desire to be an early adopter.
full member
Activity: 196
Merit: 101
I think it's because there is a strong desire for 2 different currencies that use Scrypt as the hashing algorithm.
newbie
Activity: 42
Merit: 0
I've read a lot of different posts about the popularity of Feathercoin and I'm wondering where it has come from.

What is causes value for these coins to go up so rapidly?  For Litecoin it offers another alternative to Bitcoin because is hashing algorithm is different, to name just one benefit.

Does anybody feel this block chain is a bad idea? A get rich quick scheme? It seems like the market is just fascinated by *coins at the moment so a lot of miners are dumping their CPU's and GPU's into Feathercoin in an attempt to cash in on it's initial introduction to various exchanges.

I'd like to hear your thoughts on why you support or do not support FC, and if you own any or plan on owning any in the near future.
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