Bitcoin Forum

Hi

Anyone have new facts on FTC?

The trading volume increased 10-fold last 24 hours. New things in sight? Or coincidence?

Based on CoinMarketCap, 99% of its total volume generated from Bittrex exchange.
But I do not see any significant movement happening on Bittrex: https://global.bittrex.com/Market/Index?MarketName=BTC-FTC
On which exchange are you talking about? their latest news was talking about omnilayer on testnet and that news came up on Feb 18.

Thanks for the reply.

Also what i meant, I’ve been following FTC past few weeks and trading volume has always been very low, as in 1500-2500usd/24hours, so I just wondered about the High volume as of today.

Not sure what omnilayer is, I’ll look it up

Cheers :)

In addition to above respond. The project team only integrated Feathercoin 0.18.3 i.e a system upgrade on February 12 of this year but i wont trust much in the info of a coin which is 99% trade volume is from Bittrex.. However, the increase in the trading volume of an altcoin doesn't justify it to be profitable or gaining additional awareness and with my past experienced altcoin which are mainly meant for payment system dont usually thrive cause most investors believe in bitcoin.

Hi

Feathercoin has exactly the same core features as Bitcoin + several differentiators such as ASIC resistant algorithm, protection againts 51%, ...

While the majority of trade is on Bittrex, a new exchange (CREX24) has been added recently in order to offer alternatives to people interested on buying or trading Feathercoin. It is somehow better to organize it when it is quiet rather than all the attention is their.

Overtime the original developer and founder Bushstar has made amazing work. In addition to recently join the Bitcoin core developer team, he is still active today on Feathercoin and working on the following subject:
- Regular alignment of Feathercoin Core with Bitcoin core. Current version is 0.18.3
- As part of the OMNI foundation, Peter is currently adapting the OMNI layer to run it over feathercoin in order to get faster network and higher capacity. Thanks to Feathercoin 1 minute block time.
- Last week, the OMNI Feather has been deployed on the TESTNET successfuly and a first transaction has been made. Soon, Feathercoin will offer an alternative OMNI layer which cheaper transaction cost opposed to Bitcoin. Tether might be interested by it.

If you look at the Hashrate, you can see that Feathercoin for more than 2 years as a hashrate average of 6-5 Ghz. This power is equivalent to 6,000 high-end GPU. In other words it means that Feathercoin is currently mined by a big actor. We don't exactly who is behind but we know that something big is happening.

Im not really that updated to any coin but with these mediums you might able to find the reason.If not then this is just a typical random pump for any shitcoins out there.  8)
https://forum.feathercoin.com
https://discordapp.com/invite/7p7fq7f
https://t.me/FeathercoinOfficial
https://www.reddit.com/r/FeatherCOin/

Just another shit coin, you shouldn't pay any attention to this kind of coin. Once you bought it, you will ended up trapped with their low volume and you can't sell your coin anymore. This kind of coin only waiting their time to get delisted from bittrex soon

Thanks for the replies,

Taking into consideration that Dev’s are still actively working on it - how come its a shit coin? I Remember this coin being quite highly ranked, back in 2013. It has been on the market for a long time

However, I can see that the volume dropped again, but again i question if theres 4k-6k high end GPU’s mining it, and this “shitcoin” is dead - that seems quite odd. Taking into account that a new exchange recently offered to trade it aswell.

Yes they are still working and active they are given always update to supporters.

You can check it here https://mobile.twitter.com/Feathercoin

They are not active in the forum but they give always news in their social media channel so its not dead or shit coins at all.

The reason for increase maybe is the testnet of feather and feathert (token) .

That is true this project is an old and well-known project in its era, but now we have a lot of coins/projects that offer us more whether it is technology, infrastructure and many more. Taking into consideration that dev is still actively working on it will not increase the value of the coin. The value will come if the project has something to offer, have you checked when was the last time media published something related to FTC? it was 5 years ago. That explains, the project has been dormant and basically do nothing.

This is true, many new coins / projects whereby only a few percentage of the coins have been mined so far and therefore there is still a long way to go.
80% of Feathercoin are already on the market. From a technology perspective it is aligned with Bitcoin + some specific features such as the Neoscrypt algorithm which is ASIC resistant and therefore can be more decentralized than Bitcoin itself. Companies or even countries might be interested to own such an alternative crypto.
The feathercoin community doesn't play in the scaming or pumping category but remain overtime aligned we the core values of the crypto origins.

Yes they are active in social media and giving regular updates on social regarding the developments and testnet  has been successful finished by FTC but I think they have to list the FTC coins to more crypto exchange because the FTC coins getting very less trading volume all over, and investing in FTC is risky as per my view point.

I agree with this, however I dont think that the possibilities of this happening are slight.
At this point I assume, that the number of exchanges will possibly increase over time, as devs are working on it, and people are mining it. I dont see any logic in doing either, if its “dead”

Only time will tell

Thanks for the reply, and sharing your point of view. Have a nice day :)