Bitcoin Forum

Stop making these cloned coins.  >:( They are worth nothing. I sold 16 for .00175 BTC each to cash out. Good luck getting anything more than that.  :o Focus on the prize!

FTC had a really good start until people started dumping massive amounts however am sure this will go back up to a good price again. People just cant seem to wait with stuff and they would rather pump dump stuff and can easily kill new crypto currency's. I welcome new crypto coins that come out some I agree with others I do not agree.

FTC had a ridiculous start.  It took LTC like 2 years to be worth more than $0.07, there was no reason for FTC to be worth $0.50 in the first week, plus there's 200 coins per block so 4x as many of them, the current $0.20 is way overpriced still and people will soon realize how worthless they really are.  As far as real value, they should be $0.01 at this point.

need more hash to push feathercoin go far.

come here some hash please http://fc.ltcoin.net

You use these "shoulds" and "reasons" like there is some underlying pattern things have to follow, based on how things were for a different coin at a different point in time. Time changes how things are used. It seems to be an established practise (I'm sure someone's even written down a business plan) to make a coin, mine it, wait for people to hop on to make a quick buck, gather momentum for a day or two, start a google docs trading sheet, then dump for LTC. Easy LTC, 10s or 100s of times more profitable than mining. A tool is a tool, and can be used not just how it "should" be.

Happened? The only thing that happened was feathercoins' timeline went exactly to plan. The pump and dump was executed to 100% perfection.

Let me guess. Your one of the suckers left holding the baby. This is an example when a short term trade turns into a "long-term investment".

LOL  :D

cloned coins are worth nothing on the long term, they don't have technological value, only speculation 'value' (hence no real value)

pfff... There are as many types of values as you want. I'd say Feathercoin has community value. And if it survives current difficulty adjustment, i think it could go far.

10 other coins joined it...

Yes there is quite a nice following for it, i think it will sink to 0015 or even 001 then mature over time to better levels

So how long before the community can pronounce it dead?

I called that on 1st May.

Death of a coin is simply when it stops being traded I would think, FTC trade volume has certainly tanked this week...but still going

I would call it dead when it's market value drops to one-tenth of its current value.

Feathercoin's current situation highlights the folly in tying difficulty adjustments to block count alone.

If difficulty could also adjust after a certain amount of time (i.e. when blocks aren't being generated fast enough), then miners would come back. 

But for now there is not enough incentive to mine FTC.

From what I understand, transactions are in limbo because no one is mining the blocks... I would consider that dead, or at least asleep.

NMC had the same prob back in the day ...it sat there for 30 days before its next  diff change

So it may survive...but I think a hard fork is in order to pull it out of a coma...it cant even trade properly because the blocks are not getting solved

It to u bushwaker dude  8)

https://bitcointalk.org/index.php?topic=200912.0

The 41.4%/504  block adjustment is doing exactly what it was meant to do:

http://www.feathercoin.com/netstats/

2 million by diff 1.

And that matters how? Chances are those 2 million has already been sold so how does that apply to the current situation?

It's not going up. Face the fact that it was a pump and dump and move on.