FTC is great because it distracts people from hashing on the LTC network.
Litecoin distracts people from hashing on the FTC network.  |
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The crucial point though tends to come when the miners move on. How many months or weeks or days will it take for difficulty to come back down? How many hours or days betwen blocks in the meantime?
I will be very interested to see what happens at that point. I cannot imagine that it will be as bad as some others. With FTC it will be the worst ever because, you see, LTC is about to hit the Gox. Once that happens, your pathetic fork will be forgotten. Ohh, cruel destiny!  That's not what I see happening subSTRATA. There are people like myself who will no longer mine BTC and LTC, they are looking towards another coins. The amount of volume FC moves is puny compared to BTC and LTC, and that trend will continue once LTC is listed on Mt. Gox. Well FTC* is newer than BTC and LTC. The LTC volume is puny compared to BTC. I fail to see your point. |
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Just my opinion. Feel free to lock. I'm in a weird mood. edit: I want to delete my stupid thread, but it won't let me. An Error Has Occurred!
You cannot delete your own topics in this board.
Were you drunk? Haha. This is a bit funny!  No, it was just early in the morning and I am kinda loopy and socially uncalibrated when I wake up... |
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We dont need a Litecoin clone, because Litecoin is already orders of magnitude more secure than Bitcoin from an attack. http://www.reddit.com/r/litecoin/comments/1cssqr/the_math_why_litecoin_is_more_secure_than_bitcoin/Its fairly simple math, try running the numbers yourself. The 3rd big coin behind BTC and LTC wont be some clone - it will be a brand new alt with a lot of fresh ideas. It was proposed by forum member Tacotime and they are currently finishing up the ideas and implementations for the whitepaper and getting ready to start development. Its going to be big. Very big. It also wont be a premined scamcoin like Feathercoin. It will be legit, with an announced, timed release so everyone begins mining at once. Until then, its BTC and LTC only for me, I can do without some quick alt-coin pump-n-dumps. Just dont want to get caught holding the bag. http://en.wikipedia.org/wiki/BagholderIt is only a "clone" for now, but I think the developers will slowly introduce improvements so it is less like a clone. Also, don't all the major web browsers basically do the same thing? What if there was only internet explorer (bitcoin) and google chrome (litecoin)? bitcoin would be useless Well Internet Explorer is better than a paper book (USD or Euro). |
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We dont need a Litecoin clone, because Litecoin is already orders of magnitude more secure than Bitcoin from an attack. http://www.reddit.com/r/litecoin/comments/1cssqr/the_math_why_litecoin_is_more_secure_than_bitcoin/Its fairly simple math, try running the numbers yourself. The 3rd big coin behind BTC and LTC wont be some clone - it will be a brand new alt with a lot of fresh ideas. It was proposed by forum member Tacotime and they are currently finishing up the ideas and implementations for the whitepaper and getting ready to start development. Its going to be big. Very big. It also wont be a premined scamcoin like Feathercoin. It will be legit, with an announced, timed release so everyone begins mining at once. Until then, its BTC and LTC only for me, I can do without some quick alt-coin pump-n-dumps. Just dont want to get caught holding the bag. http://en.wikipedia.org/wiki/BagholderIt is only a "clone" for now, but I think the developers will slowly introduce improvements so it is less like a clone. Also, don't all the major web browsers basically do the same thing? What if there was only internet explorer (bitcoin) and google chrome (litecoin)? |
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Changing the name to Eco or Enviro type stuff would merely be misleading, trying to draw attention away from the same old enrgy-wasting mining that all the other coins do, with a dash of PoS thrown in to make it possibly, if actually done right and it works, more secure. If you want an Eco or Enviro coin, clone Ripple. ( See https://bitcointalk.org/index.php?topic=191789.0 ) -MarkM- I think the environmental aspects would need to be peer reviewed in a scientific way, as to the actual consumption of power by the machines used to mine it compared to if they mined other coins. |
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I think it has long term potential, but it would take time to gain my trust, since it does not have a conservative design (read: it has lots of changes from Litecoin). So I will keep my eye on it.
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Litecoin is THE altcoin because it *fixed* something in BTC, namely, the ASIC problem. Making almost no changes to a coin just means you have a carbon copy of it.
Hmm. Litecoin is THE altcoin because Tenebrix *fixed* something in BTC, namely the ASIC problem, then Fairbrix *fixed* something in Tenebrix, namely the "pre-mine", then Litecoin copied Fairbrix, updating it to newer bitcoin code? If just copying it and while you're at it using more-recent bitcoin code is the big deal then someone should copy litecoin but use newer bitcoin code. Hmm, Feathercoin didn't even use newer bitcoin code did it? Just copy and rename? So judging by Feathercoin's success, the real secret of Litecoin's success is simply copying a predecessor and changing its name. If *fixing* the ASIC problem was the magic bullet, Tenebrix or Fairbrix (or both) should be the ones getting the accolades. -MarkM- Again I thing you should be asking the Developers of these coins? Tenbricks and Fairbricks? Never heard of any of them? Think end of 2011 Can you change your sig to be "FTC". |
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Stop making new coins!!! Just contribute to Feathercoin or Litecoin, or one of the other dozen viable ones!!! You guys are being ridiculous. We don't need 100 coins.
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Hmm, Feathercoin didn't even use newer bitcoin code did it? Just copy and rename?
Feathercoin is a fork of Litecoin. So it should only pull in Litecoin code, of course. When Litecoin pulls in newer Bitcoin code, it should then propagate to Feathercoin. |
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Feathercoin introduces more entropy into the cryptocurrency world, but it does so in a conservative way. So it has long term potential. It's really interesting. It's all up to the miners and investors now, and for the developers to not make any bad decisions or mistakes. If the developers don't make mistakes that betray people's trust, I think Feathercoin could survive.
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Anything is possible. I think a fork (LTC -> FTC) of a fork (BTC -> LTC) was already a hard thing for people to accept, and BTC is hard enough to accept. So if FTC is not conservative about their design decisions, it is just too much for people to handle. Too much unpredictability. That's why I like how it is nearly the same as LTC.
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If we need another scrypt alt, why didn't Mincoin succeed?
I love FC because I'm making lots off of it. I don't think it's going to survive, I think the price is gonna go up, then crash.
You are like someone who sold Bitcoin when it was $30. Unintelligent behavior. Come on, this has been seen before. FTC is the new Coin of the Month. Litecoin is the best fork of Bitcoin. Feathercoin is the best fork of Litecoin... it has long range potential. So, what's wrong with Mincoin, then? Well first of all, the developer(s) of Feathercoin have made relatively conservative decisions about Feathercoin's design deviations from Litecoin. So I think that shows they are intelligent. Also the Feathercoin site is very professional. The name also sounds better than "Mincoin". I think Feathercoin should be a long term competitor to Litecoin and Bitcoin, and slowly introduce more design improvements. And if it doesn't reach its potential, it is mostly the fault of the miners and investors. So, because it's closer to being a clone of Litecoin, and has better web designers, it's better than Mincoin? Oh, and it has a cooler name. Really? That's all you've got? It also has a really cool logo, you forgot to mention that. Maybe in your eyes, that's evidence for it being a solid long term coin, too. They haven't made brash decisions to ensure its failure. Because of the uncertainty, it has long term viability. Conservative design changes are the way to go. These are just my opinions obviously. Litecoin is THE altcoin because it *fixed* something in BTC, namely, the ASIC problem. Making almost no changes to a coin just means you have a carbon copy of it. But having only one solid, professional Scrypt-based coin is too much risk. Perhaps. Which is why I said, what's wrong with Mincoin? Maybe FTC will become Litecoin's TRC, but I don't get why Mincoin didn't have this rush of early adoption. In many subtle ways, Mincoin is not as "professional" as Feathercoin, I think. So it was harder for people to adopt it. |
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If we need another scrypt alt, why didn't Mincoin succeed?
I love FC because I'm making lots off of it. I don't think it's going to survive, I think the price is gonna go up, then crash.
You are like someone who sold Bitcoin when it was $30. Unintelligent behavior. Come on, this has been seen before. FTC is the new Coin of the Month. Litecoin is the best fork of Bitcoin. Feathercoin is the best fork of Litecoin... it has long range potential. So, what's wrong with Mincoin, then? Well first of all, the developer(s) of Feathercoin have made relatively conservative decisions about Feathercoin's design deviations from Litecoin. So I think that shows they are intelligent. Also the Feathercoin site is very professional. The name also sounds better than "Mincoin". I think Feathercoin should be a long term competitor to Litecoin and Bitcoin, and slowly introduce more design improvements. And if it doesn't reach its potential, it is mostly the fault of the miners and investors. So, because it's closer to being a clone of Litecoin, and has better web designers, it's better than Mincoin? Oh, and it has a cooler name. Really? That's all you've got? It also has a really cool logo, you forgot to mention that. Maybe in your eyes, that's evidence for it being a solid long term coin, too. They haven't made brash decisions to ensure its failure. Because of the uncertainty, it has long term viability. Conservative design changes are the way to go. These are just my opinions obviously. Litecoin is THE altcoin because it *fixed* something in BTC, namely, the ASIC problem. Making almost no changes to a coin just means you have a carbon copy of it. But having only one solid, professional Scrypt-based coin is too much risk. |
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If we need another scrypt alt, why didn't Mincoin succeed?
I love FC because I'm making lots off of it. I don't think it's going to survive, I think the price is gonna go up, then crash.
You are like someone who sold Bitcoin when it was $30. Unintelligent behavior. Come on, this has been seen before. FTC is the new Coin of the Month. Litecoin is the best fork of Bitcoin. Feathercoin is the best fork of Litecoin... it has long range potential. So, what's wrong with Mincoin, then? Well first of all, the developer(s) of Feathercoin have made relatively conservative decisions about Feathercoin's design deviations from Litecoin. So I think that shows they are intelligent. Also the Feathercoin site is very professional. The name also sounds better than "Mincoin". I think Feathercoin should be a long term competitor to Litecoin and Bitcoin, and slowly introduce more design improvements. And if it doesn't reach its potential, it is mostly the fault of the miners and investors. So, because it's closer to being a clone of Litecoin, and has better web designers, it's better than Mincoin? Oh, and it has a cooler name. Really? That's all you've got? It also has a really cool logo, you forgot to mention that. Maybe in your eyes, that's evidence for it being a solid long term coin, too. They haven't made brash decisions to ensure its failure. Because of the uncertainty, it has long term viability. Conservative design changes are the way to go. These are just my opinions obviously. |
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Just my opinion. Feel free to lock. I'm in a weird mood. edit: I want to delete my stupid thread, but it won't let me. An Error Has Occurred!
You cannot delete your own topics in this board.
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Multiple chains are important to ensure the long term stability of cryptocoins. Because then there is less chance they could all be shut down. I think Feathercoin should be one of the accepted coins. Obviously I am biased here, since I have some, but I had the same opinion before I had any.
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If we need another scrypt alt, why didn't Mincoin succeed?
I love FC because I'm making lots off of it. I don't think it's going to survive, I think the price is gonna go up, then crash.
You are like someone who sold Bitcoin when it was $30. Unintelligent behavior. Come on, this has been seen before. FTC is the new Coin of the Month. Litecoin is the best fork of Bitcoin. Feathercoin is the best fork of Litecoin... it has long range potential. So, what's wrong with Mincoin, then? Well first of all, the developer(s) of Feathercoin have made relatively conservative decisions about Feathercoin's design deviations from Litecoin. So I think that shows they are intelligent. Also the Feathercoin site is very professional. The name also sounds better than "Mincoin". I think Feathercoin should be a long term competitor to Litecoin and Bitcoin, and slowly introduce more design improvements. And if it doesn't reach its potential, it is mostly the fault of the miners and investors. |
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If we need another scrypt alt, why didn't Mincoin succeed?
I love FC because I'm making lots off of it. I don't think it's going to survive, I think the price is gonna go up, then crash.
You are like someone who sold Bitcoin when it was $30. Unintelligent behavior. Come on, this has been seen before. FTC is the new Coin of the Month. Litecoin is the best fork of Bitcoin. Feathercoin is the best fork of Litecoin... it has long range potential. |
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If we need another scrypt alt, why didn't Mincoin succeed?
I love FC because I'm making lots off of it. I don't think it's going to survive, I think the price is gonna go up, then crash.
You are like someone who sold Bitcoin when it was $30. Unintelligent behavior. |
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