Why not have them email you with their order number and btc address. Sems like a better way to do this
I think hes trying to do something more on the lines of: Wow neat shirt (buys) Then they open and see a $20 cash gift. But what the hell is bitcoin? Google:bitcioin Create wallet New bitcoin user profit |
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It is impossible to have reasonably fair distribution with that approach. If blocks are supposed to be mined once in 2.5 minutes but they are mined every few
seconds for 12 hours then we are speaking about major coin grab by those who jumped on the train in those 12 hours. It makes no difference how many miners
grabbed millions of coins early - what matters is how little coins those who find out about the coin day after or week after are getting right now.
The high hash rate meant that there was no one miner being able to mint millions of coins for themselves. What we need is a rich list to get another view of coin distribution. Coin distribution graph will solve what exactly? It will show the same as coin distribution graphs for all coins except Bitcoin are showing - people who started mining
early, while difficulty was low, made more coins than someone who would start mining right now will make in next few months or more. So much about "no premine". What we need as a community are developers not putting their own interests on first 5 positions on their priority list. It seems all of them are already bussy with Bitcoin so we are unfortunately left with profit greedy wannabe developers. This seems like what happened with mincoin. Extremely high rewards in first three days. I dont believe Feather had that. There were like 4 million produced the first day. |
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There is enormous amount of miners contributing to the network and everytime you refresh the page on this forum you see feathercoin topics at the top... huge buzz now which has lasted for days. supply and demand. who on earth valued BTC at 124 each?  don't complain about it, instead capture the arbitrage.  uh I think I read there is already 4 million coins made since launch 6 days ago, there is supply, with zero demand. There were 2 million PPCoins made on it's first day. PPCoin is now worth 25 cents. It's actually worth 30 cent and it should be worth 30 cent. It's significantly different. Feathercoin is just Litecoin lite. Should be worth 30 cents? you mean a coin that's been out for a week should be worth 30 cents? Worth 1.4mil? Which the dev probably mined 50% of these.. Really? If the developer pre-mined (alot of us know he didn't), why has he been buying FC from forum members to help fund its promotion? I didn't say pre-mined. I said mined, you launch the coin and start mining right away. If you're the only one mining, you're mining a shit ton. Dev buying all the FC? Doesn't raise flags?? That's forcing a price. There is enormous amount of miners contributing to the network and everytime you refresh the page on this forum you see feathercoin topics at the top... huge buzz now which has lasted for days. supply and demand. who on earth valued BTC at 124 each? don't complain about it, instead capture the arbitrage. uh I think I read there is already 4 million coins made since launch 6 days ago, there is supply, with zero demand. There were 2 million PPCoins made on it's first day. PPCoin is now worth 25 cents. It's actually worth 30 cent and it should be worth 30 cent. It's significantly different. Feathercoin is just Litecoin lite. Should be worth 30 cents? you mean a coin that's been out for a week should be worth 30 cents? Worth 1.4mil? Which the dev probably mined 50% of these.. A coin should be valued at whatever the market is willing to a pay. Wow, there are so many centralized planning currency types here, I'm a bit surprised. Apparently its the dev as said above this quote forcing the price, not the market. The market wants a pump and dump, why do you think ltc and btc went up and FC are the same price. Everyone who bought FC with LTC lost 1/3 of their money. |
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There is enormous amount of miners contributing to the network and everytime you refresh the page on this forum you see feathercoin topics at the top... huge buzz now which has lasted for days. supply and demand. who on earth valued BTC at 124 each? don't complain about it, instead capture the arbitrage. uh I think I read there is already 4 million coins made since launch 6 days ago, there is supply, with zero demand. There were 2 million PPCoins made on it's first day. PPCoin is now worth 25 cents. It's actually worth 30 cent and it should be worth 30 cent. It's significantly different. Feathercoin is just Litecoin lite. Should be worth 30 cents? you mean a coin that's been out for a week should be worth 30 cents? Worth 1.4mil? Which the dev probably mined 50% of these.. |
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Taxes are needed.
1. I don't go to school, and my kids are not old enough, and will go to private when they are.
Why should I have to pay for schools? If I had the choice I wouldn't.
2. I hardly use the roads, and when I go long distance, I pay a toll to use the road.
Why should I be paying for roads all over the state of Florida? If I had the choice I wouldn't.
3. I don't go to hospitals, why should I pay for others to go? Don't get yourself injured.
I hardly leave my house, why should I pay because some idiot ran into a tree on his motorcycle?
As you can see, I'm selfish, just like most of the population. If I don't use it, why pay for it?
Though, knowing society will fall without everyone else to using my money, I will pay up.
Those are valid questions, though i don't see why society would fall because you're sitting home alone, unmolested. If no one was paying money into things they don't use, society will fall. You are right but brace yourself for frantic whines of people who insist that the time to charge for a fire service is when the fire has already started. Where I live, my taxes pay for this. http://usnews.nbcnews.com/_news/2011/12/07/9272989-firefighters-let-home-burn-over-75-fee-again?liteImagine all over the country, the people who lost their house, or almost lost their house due to fire. How much of the population would actually pay 'donations' to the fire department? |
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Taxes are needed.
1. I don't go to school, and my kids are not old enough, and will go to private when they are.
Why should I have to pay for schools? If I had the choice I wouldn't.
2. I hardly use the roads, and when I go long distance, I pay a toll to use the road.
Why should I be paying for roads all over the state of Florida? If I had the choice I wouldn't.
3. I don't go to hospitals, why should I pay for others to go? Don't get yourself injured.
I hardly leave my house, why should I pay because some idiot ran into a tree on his motorcycle?
As you can see, I'm selfish, just like most of the population. If I don't use it, why pay for it?
Though, knowing society will fall without everyone else to using my money, I will pay up.
Those are valid questions, though i don't see why society would fall because you're sitting home alone, unmolested. If no one was paying money into things they don't use, society will fall. |
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Taxes are needed.
1. I don't go to school, and my kids are not old enough, and will go to private when they are.
Why should I have to pay for schools? If I had the choice I wouldn't.
2. I hardly use the roads, and when I go long distance, I pay a toll to use the road.
Why should I be paying for roads all over the state of Florida? If I had the choice I wouldn't.
3. I don't go to hospitals, why should I pay for others to go? Don't get yourself injured.
I hardly leave my house, why should I pay because some idiot ran into a tree on his motorcycle?
As you can see, I'm selfish, just like most of the population. If I don't use it, why pay for it?
Though, knowing society will fall without everyone else to using my money, I will pay up.
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What country is most of the traffic coming from?
I guess this was ignored, When being DDoS Why not block traffic from the country its coming from? Sorry country most traffic is coming from, but better than crashing out btc again. |
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What country is most of the traffic coming from?
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Value, how much would you give to have something. Bitcoin isn't backed by anything either. What is Gold backed by? Nothing, and Gold is everywhere... It just is what it is, it's how we make money these days....  Boitcoin value isn't only there because people want to make a profit off of others loss. People actually accept tens of millions of dollars worth of bitcoin monthly as payments, making customers first purchase them creating a legit price rise. |
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FC will bubble only due to the fact that currently only a few people own most of them. They will also bubble because right now they're new, everyone wants to jump in to make a million bucks by next month. Next month they wont be new, they will be to expensive to give a shit. Then there are no new guys to buy the previous new guys stock, now hes holding and holding and wants out because the price didn't go up. He dumps.
Price crash, and goes back to nothing, where it should be so it can naturally grow, not because people want in early. Everyone wants to be the guy who had 10,000 btc to spare to buy a pizza. In reality, these wont ever hit bitcoin prices, and you wont ever be the next 10,000 pizza guy.
The only reason I want to buy any FC's are so someone else can buy mine thinking they're joining the band wagon, after I double my money.
That's not really an investment, more like a ponzi.
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"I think there is a world market for maybe five computers"
- Thomas J. Watson, CEO of IBM in 1943
+1  Fake quote, with zero proof it was ever stated, until in someones signature online, in the 1980s. |
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First it is 30ltc for 1000fc.
Moreover fc came out when people discover mining and Ltc or btc is not affordable price for a newcomer. So I guess fc will stay.
You say it is copy of Ltc but apple and Ms windows where copy of bull stuff is my memory is right.
The only reason its valued at any price like 30ltc-40ltc is because there isn't anyone selling them. If you have 90 people selling them and 5 people buying them, they're not worth nearly what they are now. If you have 90 people selling BTC and 5 people buying BTC, how much is BTC worth? The difference is there is tens of thousands of people trying to get on mtgox daily to trade bitcoin. There is like 5 people selling FC, and over priced. Why are The Koolio and farlack so angry?
It's a free market. No one forces them to buy, no one forces them to sell.
Because my damn air conditioner isn't working. |
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First it is 30ltc for 1000fc.
Moreover fc came out when people discover mining and Ltc or btc is not affordable price for a newcomer. So I guess fc will stay.
You say it is copy of Ltc but apple and Ms windows where copy of bull stuff is my memory is right.
The only reason its valued at any price like 30ltc-40ltc is because there isn't anyone selling them. If you have 90 people selling them and 5 people buying them, they're not worth nearly what they are now. |
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Then why is the Feather Coin price still high  Why is this piece of canvas "worth" over 70 million dollars?  Its not because its 120 years old, its more because there are only 4 people trying to sell it of course.. |
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You know what they say about not working your way to the top...
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There were a few people buying 100,000+ feather coins each over the last few days so the sellers gradually raised their prices, till it reached about 40 LTC per 1k FC.
Just because 1-2 people bought a shit ton of FC doesn't mean that's what they're worth. If I had $1m and wanted to buy 1M FC that doesn't mean they're now worth $1 each. it does if you are willing to pay $1 each for 1 million of them. uh no, if a standard gold bar is worth $10,000 in weight, and I paid $150,000,000 for it, it doesn't mean its worth anymore than $10,000. It means I'm a fool. |
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Then why is the Feather Coin price still high Probably because there is only 5 people trying to buy them, and 4 people trying to sell them for what ever they want to make a quick buck...? |
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The price would not rise above a dollar.
You're right. The sellers will just sell them to you for $0.01 even though you're offering a dollar  They would sell them to me and then no one else would ever pay that much again. The only fool would be me. Seeing as it would only take like 4 trades it would never impact the market. ever. |
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