Where were all of you with your knowledge when it was flat for 2 years (2015-2016)? Classic: Detractors show up only when price spikes.
Reality is that facts are starting to flow in:
- new website (after 3 years of quiet)
- 2 exchangers and one more by weeks now (there has been a period with only 1 exchanger, and I think to remember zero exchangers in 2015 for some months)
- growing interest on the forum and here
- DevTeam is alive - a major event is supposed to happen Aug 1st

Oh, and no skandals for one of the  few "survival" to the 1st wave of cryptos, now 4.5 year old..... unless you consider skandal some few stuck transactions, which happens for every crypto, BTC included.

Hi All,

Wrote a detailed blog spelling out the case for investing in FST. Constructive criticism of course welcome, hopefully i have my details correct.

Also. This is only the 3rd post I've done on Steem. I'd be excited to connect with other Fast fans who have Steem accounts. Connect with me, I'll be happy to follow you!

https://steemit.com/fastcoin/@remistevens/the-case-for-fastcoin-fst



If you don't want to go to my Steem. No worries. Here is the text from the post:

The Case for Fastcoin FST

Deepest Blockchain. Always.

Fastcoin’s block time is the fastest. So it generates new blocks more frequently than any other coin. This means its blockchain grows faster than others. It also means that it has the most comprehensive record of states of its network, every 12 seconds a block is added and the network is updated. Bitcoin is older, sure, but bitcoin only adds a new block every 10 mins. Very quickly in Fastcoin’s evolution, it surpassed bitcoin and other old alt coins in regards to total amount of blocks added. Fastcoin also confirms at breakneck speed, if you tried to create a fully decentralized coin with faster confirmations, it probably just wouldn’t work technologically. Fastcoin also launched 4 years ago. At this point launching a new coin based on Bitcoin code with faster confirmations isn’t going to happen. No one launches bitcoin clones anymore, and faster confirmations wouldn’t work anyways. So Fastcoin, already having the deepest blockchain, will hold that title indefinitely. 100 years from now when the world economy only knows cryptos, Fastcoin will still have the deepest blockchain.

An analogy could help. Consider mankind’s first radio transmissions. They travel at the speed of light, nothing can move faster. The first transmission, will forever and always be ahead of any later transmissions. Its impossible for anything done later to ever catch up to something that already moves at the fastest speed possible. Forever and always, Fastcoin will be mankind’s deepest venture into the great crypto frontier. It can’t be caught.

Crypto value comes from scarcity. Bitcoin is valuable simple because there are only so many, and they can’t be reproduced. Alt coins that were the first at something innovative (anonymous, multi-algo, smart contracts…) retain their value. Coins disappear all the time, but those with something unique never die (as long as they’re functional of course). Fastcoin’s unique nature is in itself something rare. The first anonymous coin for instance must contend with other coins who perfect their method, or tout a new methodology toward anonymous that is the first “real” anonymous. Same thing with smart contracts. Someone can make the case that being the first of an even smarter smart contract will be superior. Fastcoin has no such competitors, no argument. Its unique nature is directly measurable and without question. It has the most blocks.

OK. So now a bit about everything else concerning Fastcoin. The good and the bad. I’ve been following this coin for its deepest blockchain for years, but of course as with all cryptos, no one feature is going to make it work out.

I think its important to address obvious criticisms. Here goes:

“Fastcoin is a clone, its code isn’t anything spectacular. All they did here essentially was take the code from litecoin and adjust the parameters so that blocks are generated faster. Today, you could do this kind of thing on a free website in minutes.”.
Although this is true, again Fastcoin’s value doesn’t come from it having a brilliant code. Bitcoin’s code, by today's crypto standards, is very simplistic. Functionally, its not the best coin. It gets its value from being the first. People trust Bitcoin as its history is the longest and its rarity guaranteed- there can only be 1 first coin. Fastcoin also has a long history both in terms of launch date and blocks recorded. For perspective, Litecoin is also just a clone of bitcoin, its not a whole lot different. Litecoin is worth about 2000X more than Fastcoin for comparison.

“There were a lot of coins in Fastcoin’s launch era that simply changed a few parameters and tried to call it innovation, they failed and no longer exist. This could happen to FST, people finally just give up on it”
Absolutely possible, but I’d say highly unlikely and less likely all the time. Many coins of FST era have died, no question, but FST didn’t die. Old coins have become a rarity in themselves, these days its very hard to find a scandal free coin with original devs from 2013.

“Fastcoin having the fastest confirmation times generates a lot of orphaned coins. So different parts of the network don’t initially agree and many miners find blocks that aren’t ultimately accepted into the chain”.
Also true, and initially this was a huge concern for Fastcoin. It confirms at a rate almost too fast for it to work properly. Ultimately if confirmations are too quick, there isn’t time for the entire network to come into agreement and potentially forks could occur as confusion about which blocks are real develops in the network. To this criticism though I think a look at the history can dispel this fear- if it hasn’t forked on this risk by now its even less likely as the network grows. The amount of orphaned blocks a miner might find is also a measurable quantity. No different than measuring the success rate of finding blocks. If you can find Fastcoin blocks at a somewhat reliable rate, and can sell them on the open market, that’s all a coin needs for the mining to be measurable and functional toward securing the network. The system works. 4 years of existence proves it.

“Fastcoin’s price has gone up over 2000% in only a few months. It can’t go up much farther”.
Fastcoin’s recent rise has been incredible, but in regards to market cap this is still a very cheap coin. Fastcoin is still around 1 million in market cap. Other coins relevant to its launch era are priced much higher in market cap. LTC is in the billions. Coins like FTC and VTC are in the 10-30 million range. Fastcoin being old and having a great unique character, is poised to go much higher in market cap. Its currently the 300th most valuable coin. Many coins with little history and nothing to offer are well above it in value. The low market cap makes it enticing to the many new comers to crypto as well. A newbie who wants to be a big player in a coin with potential can acquire a sizeable chunk of FST total supply without too much of an investment. This is impossible in bigger coins these days unless you’re quite rich.

“There are other cryptos who confirm faster”
This is probably true, sorry too many coins to know. It would have to be a newer coin using master nodes, or some type of centralization though from my understanding. There was no way to do it faster in 2013 and no way to do it faster now if you’re using the old style open launch, bitcoin type code (which in my opinion is truest toward decentralization).

Some needs not wants. Every crypto has to fulfill some basic requirements to persist. Just going to go through those positives now that Fastcoin checks out on.

Developers
Check. They were quiet for quite a few years, but seem very active now. If I had to guess, and apologies to them for the intrusion, they were probably quiet because they wanted to buy up more coin while it was cheap. Given that they are now being very attentive to all needs, its safe to assume that one way or another they have a good supply of FST of their own. This is not a bad thing! The original devs having a sizeable chunk of supply through their own investment in a free market is great. It shows commitment to the project. Also, this coin was very low value for very long, no doubt its network was very small at times. Someone was a good steward of the coin and kept it going faithfully. You don’t nurture a project through the tough times and then abandon it when its getting positive traction again. The devs are on board, clearly spending some money and lots of effort. We should hope they are able to pull some profit as the price rises and put that toward further development. That is a natural evolution to hope for. Original devs who are stakeholders and have proven their commitment are a great thing.

Community
OK, its pretty slow on their forum. Bitcointalk has picked up a lot though and new people seem to be around much more often. Many old names, myself included, are back into the conversation. There is certainly a core of people who have followed this coin and it can be trusted that they’ll be there in the future as well. If we haven’t left in 4 years, why would we now? Also, given the success of alt coins this spring, you can probably expect a lot of old time alt coin enthusiasts who have recently made a lot of money and are now wanting to expand into other coins they remember from 2013. This spring seems evidence of a lot of new money in alt coins as well. Fastcoin’s marketing and value seems pretty straight forward and easy to understand for newbies. Fastcoin is enticing to both old and new investors for various reasons and could expand its core community quite quickly.

Functioning
4 years functioning perfectly. I do transactions with friends using FST. Works perfectly every time, way faster than bitcoin to have it fully transacted. Even deposits on exchanges are way faster than BTC in my experience. They’ll require more confirmations than BTC does before calling it a legit deposit, but those confirmations will happen faster. End result: You always get your FST very quickly, whatever you’re doing. About the only thing slow about it is syncing the blockchain. Its is a big chain after all. Once you’re up and running though it works great.

Scam Alerts
No premine, no centralization, no scandals, open launch. The only risk here is that something nefarious happened while the network was very small. The block explorer seems reliable to me, although I’m no coder to verify that sort of thing. One thing I do trust however is the recent attention which has surely drawn greater scrutiny. If any funny business has occurred while the network was very small, hopefully someone smarter than myself is able to point that out. And anyone smart enough is probably invested in other coins and has an incentive to point out flaws in the competition- (or sell all their fastcoin, then point out the scam). If there was a scam here, we’d probably have heard about it by now with the recent price rise.

Name
“Fastcoin”. Tell me this isn’t one of the best crypto names out there.

OK, there you have it. All of my many reasons for supporting this crypto. Full disclosure, obviously I own some Fastcoin! You should too! Check out the bitcointalk thread or their dedicated forum fastcointalk.org for more info (where to buy, how to mine, wallets).

Hello Evoman1 and Fastcoin-ok,

Thanks for your support.  

Yes as Fastcoin-ok suggested, probably the best thing to do, to help troubleshoot your issue, is to join our own forum at www.fastcointalk.org.

Once you've joined, post your topic in the troubleshooting section located here...
http://www.fastcointalk.org/index.php/board,47.0.html

Once posted, email the support team at info@fastcoin.ca your fastcointalk.org ID and link to your posted ticket.

Someone from the community will do their best to assist you.

You can also browse around in that forum as you might find a solution already listed to the problem your experiencing.

Sincerely

/C

sweet new website!
https://www.fastcoin.ca/

haha yep I spotted the typo too, hope devs see your comment, only a small thing though

as far as I know bittrex have no add coin application
you can tweet them and if they have 5 they may look into a coin, they generally are on the lookout for new high volume coins unfortunately
they do though add old school honest coins like this that are growing well,

so once we are bigger maybe 5 mill marketcap and better volume I think worth approaching

I think polo are to be avoided, they wouldnt consider fst just now, too low cap

plus THEY are to be avoided, the things i am reading about them at minute on twitter and trollboxes
people are panicking, polo are in undisclosed offices, ignoring support, excuses, they messed up on a coin and people lost all from wallets etc

they are another cryptsy in making i fear, victim of their own success and greed

bittrex is nice but too early imo and not big enough, livecoin is a really nice exchnage plus has fst/usd and fst/btc, this is great for n on crypto people to get into fastcoin

we also need a block explorer as others have said, had a few i think, but they die off if subs not kept up
you have to have one to even apply for polo or bittrex or any exchange
think devs said they are building own one for fastcoin which would be great

the one ediths mentioned few posts up is best, cryptoid i think
but if you visit thread where she linked, they are basically off til september due to growing so big and they want to relax before adding more coins and growing again
they are a first class operation though, not in it for money

Big advantage to livecoin.net where all the volume is, is there is also a FST/USD page for trading also
non-crypto people can just deposit cash, okpay, payeer plus lots of other ways, rather than having to go down the whole coinbase to btc route

when they see under 2 cents for fst, then look at btc, they realise its dirt cheap

rather than popup on website, fastcoin.ca
I would suggest a dedicated page detailing how and where people can buy and trade,, exchanges
and promote the FST/USD page as easiest for normal people, screenshot
walk them through the pages and process at livecoin
maybe a nice video too, with screenshots of pages

plus it is a matter of time surely before being added to further exchanges, one of consistently top volume on livecoin and does well on cryptopia which is low volume exchange but is number 15 out of all crypto on there and literally must be couple hundred coins on there


they are both good exchanges tbh out of smaller ones

bittrex would be very nice, who knows, are they stockpiling some before adding?
speculating here but seen it all before.

I actually have sellers regret as sold too cheap at a fraction of even this price!
I see a bright future for fastcoin

if, i can't see it, but if we drop back to 300 sat range or below, I'm buying hard

but I think we're going over 1k sats and beyond by the weekend

Hi there,

I'm relatively new to altcoin investing but have invested/traded a lot with BTC for years.

After Fastcoin's recent gains, Fastcoin caught my eye. I have to say it looks promising, and given the long history and this large thread here I'm wondering why this coin is still trading at this price. I've already read through quite a bit of this thread, but I still have some questions:
1. If I look at the overall usefulness (speed of transactions which will be useful for many things), the active dev team and the long history, it seems this coin should already have been trading at higher prices, but instead it has only gone up recently. It's especially low when I compare it to comparable coins. Is there anything that I'm missing?
2. I noticed mention of talks with parties that will use/are using the coin, is there any update on this?

Thanks in advance,
Torben

No explorer? Coin hiding something?