Bitcoin Forum

During the recent month the influx of new crypto coins has been staggering; many days have seen the birth of more than 5 coins.
So how can one judge if a coin has value or not?
How can one decide if it’s worth to get involved in a coin, as a miner or a buyer?

There are a few things that can push a coin forward, but the most important are the following three:

1)   Community Support
Community support   provides a coin with a stable base of miners that can drive it through hard times. Moreover it is the best way of achieving Market Acceptance.

2)    A dedicated Developer Team
A crypto coin can go nowhere without a dedicated developer. What now works may tomorrow prove problematic, a coin must be able to incorporate changes in its code in order to adapt to a rapidly changing crypto environment.
Also a dedicated developer that actively pushes the coin into the market, can really help its adoption.

3)    Market Acceptance
The Holy Grail of coin value, even BTC is trying to achieve this goal as you read these lines. And by market acceptance, one means the real-world market, where one can purchase goods and services.

Feathercoin scores pretty high on the previous list:

1)   Feathercoin Community
Feathercoin has a strong and dedicated community. A community that supports it and tries try to push the coin further, help it to gain market acceptance.
 What speaks volumes of the Feathercoin’s community strength is that for a month now there are people mining at lower than LTC profitability just to help the coin get out of the difficulty trap.
Feathercoin has a community of active volunteers

2)   Feathercoin Developer Team
Feathercoin has also a Dedicated Developer team, this is not your average Fire-and-Forget crypto. The developers make their presence felt every day, by trying to find ways to make the coin technically better than the competition.
Moreover Feathercoin’s developer team is actively trying to achieve market acceptance, with multiple related projects running every week.

3)   Feathercoin Market Acceptance
Feathercoin is a very young crypto, nevertheless it is trying to achieve market acceptance from day one.
Bitcoin has not yet achieved this goal, so one cannot expect miracles.
Nevertheless Feathercoin is undergoing an organized and focused effort to achieve this goal . Its community and developer team are actively communicating with new businesses on a dayly basis, pushing Feathercoin and with it the entire crypto currencies market.
There are already small businesses that do accept Feathercoin for various goods and services (check the Feathercoin forum for that).


Expect Good news from Feathercoin.




Liked the Article?  FTC: rbBg1T6Ad7B2jDm8V25N8hM2M2ijzhCDb

P.S. I am omnom in Feathercoin Forum

Well written :)

Offtopic: Hoping to see more BitBar.

Looping forward to see FTC develop in the future  :P

The overly hyped bull pumps have left us currently in the overly depressed bear dumps. Still correcting and finding its home, where it'll fly like a feather in a few months.

The new alt-coin every day bubble is bursting and the advantages of feathercoin will soon be apparent.

WDC is better then any other current altcoin, including LTC

I think it has a serious security flaw with this fast a block time.


+ Those who endorse it treat it as ap&d sceme, or so it seems.


People talk about WDC 1,5 gh/s but remember FTC had reached 5.5 GH/s once it entered the first trading site.

It is now that profitability will decrease that true coin-loyalty will become visible.

Why do people keep talking about loyalty? 99% of people treat mining as a buisiness. The goal of a buisiness, is to make money. period.

We are speaking about ones loyalty on his investment.

Instead of dumping all and moving along, Feathercoiners are Mining at a loss right now, they are supporting thir investment.

can somebody point me out where the ftc community is, who are accepting it, and what are FTC developers have done other than tuning some parameters ?

Also heard issue of not being to move FTC for quite a period of time due the too high difficulty. Is it still going on ? Or is there a fix to prevent another recurrence ?

http://forum.feathercoin.com/index.php#c1

here you go.

A fix is going to be implemented this week.

Its a good fix, that will reduce jumping and increase stability.

If I buy FTC in btc-e right now, can I transfer to my wallet within a reasonable time ?

It's nearly stuck. There is some effort to get it going but it will need more than that: https://bitcointalk.org/index.php?topic=210854.0

Ok i was full on in support of FTC , until i saw that by block 12064 or whatever like, 2 million had been produced.

and then I thought to myself , that's just spam, the reason i jumped hard at nibble < lol is the OP claims he got next to nothing of his own coin which makes him either , super honest , or deceiving , after talking to him , I concluded he is straight up , and thus , I believe a currency with a base that give the most out equally will steadily climb.

If the proponents can then further somehow make this more equable then the currency has more chance of success.

lets see what happens.  

And what told me it was a business was the 2.4 million coins generated so early in the peice. - someone made out like bandits? , which is fine, but also there is the other side of that .

and that's something that you have to deal with as well.

comparision to nibble :

Litecoin's 1st 12,096 blocks produced 604,800 LTC - though GPU mining wasn't released to the general public (but that's not it wasn't used)

Feathercoin's 1st 12,096 blocks produced 2,419,200 FTC

Nibble's 1st 12,096 blocks will produce 127,054 NIB

hmm this is why I support nibble.

How about BitBar, counting please ::)

the fact that FTC/BTC is still 0.001 despite hardly being able to move money surprises me.

Coin community is more important than the use of coin itself, I guess.

There is 4x more LTC than NIB. There is 4x more FTC than LTC. So the numbers aren't that far off. 1 NIB is = to approx 16 FTC in value which is fine and only right.

As far as the early adopters go, I think it's pretty safe to say that the majority of them  have already dumped their coins. This means that there's almost no value in the early adopter argument, as that advantage is gone by now. Most of the community and supporters are people jumped in mid-late in the game. Not to mention many people are still joining irregardless of the late game + the current difficulty.

Feathercoin is designed in order to be a real currency, you need signifficant coin numbers for that.

That or else you are in decimal-world

Average Joe does not like decimal-world.

FTC can go strong until 10$, in due time, but it will never become impractical like say BTC

you cant be a real currency
or the local government will destroy it

As with everything else for that matter xD

I don't even know what a bitbar is i totally ignored it .

totally agree with this in principal - my issue was with the block reward at the start, but fair enough , I would rather support FTC than BTC any day anyhow ,and When i get our other riggs online i will supoort FTC.

we aim to have about 12Mh# - very cheap energy .

perhaps we can support each other ?

Also depends on the Government, not ALL governments are totally hostile, some are smarter. the smarter ones will find a way to profit from it rather than attack it.

is this thread responsible for the rising price ? or there's something else happening

Bounty for miners related to reaching block 33,000. The lucky ones will win 1 BTC or - at block 33,000 - 5 BTC worth of FTC. It seems to have increased mining power and apparently also increased interest in holding FTC itself.

http://feathercoin.tumblr.com/post/50955431949/10-bitcoin-mining-bounty

Congrats to the Feathercoin Devs and the Feathercoin community!

A successfull Hard Fork, now the blockchain is moving and the adjustments will be more frequent!

this is the support that makes a coin move forward!

As move past the hard fork, there's a LOT of work to be done.  Thankfully, we have 11 different leads that have stepped up to run their respective teams to have Feathercoin move forward.

Sheepson - Tutorial/Starter-kit Lead
WesPhily - Merchant Services Lead
Kevlar - Miner Relations Lead
Spynappels - Exchange Information Coordinator
DeadZebra - Bounties Coordinator 
Marcus1337 - Public Relations Lead
Nikel - Gamer Relations Leads
Zerodrama - Features Development Coordinator
MrSheep - Pool Operator Lead
iawgoM - Art Lead
Agozyen - Research Lead

Each team will consist of 3 or 4 people contributing to the overall success as well as forum members working on their own projects. Not too bad for a "dead" coin. :)

Look, I hold quite a few different coins. I wish all communities the best.. I really do.  Before judging the work we're doing with FTC, maybe you'll take a few minutes to visit our community.

Thats what I meant about Devs support and an active community!

forum.feathercoin.com is not simply a forum its a hive mind!   :D

It's true. An active community does absolute wonders for the support. We're now past the hard fork, and transaction speeds are greatly improved, people are signing up for roles left and right, and putting their time and energy into pushing adoption. We're seeing sites start to include FTC all over the place.

Amen to transactions moving. Finally attempted a bulk transfer out of my storage wallet... no issues at all :)

Why it's not better than BTC? lol