I'm concerned about this joint announcement. The process should be open, transparent and allow for voting. Instead we are getting a small number of 'key people' behind the scenes calling all the shots and deciding to 'partner' coins together. These coins are supposed to be decentralized. Where was the gaining of community consensus? Seems like we are just getting this shoved in our face.

I will be pretty pissed if I wake up tomorrow and find out that a good, honest, fair coin like digitalcoin is being tainted with the feathercoin brand and wrapped up in some kind of 'partnership'. I for one don't want the feathercoin attackers who executed the last 51% attack to be drawn towards digitalcoin. Or for DGC to be associated with the feathercoin failures. And people who mine for their own respective coins should feel the same.

I understand the feathercoin bagholders are desperate to hype up anything to do with feathercoin but this just smells bad to me.

That is DigitalCoin in the graph not Litecoin. DigitalCoin came out after Feathercoin when GPU mining was in full effect.

In picture format:

We should campaign btc-e to take it on. It's the most popular out of all the new coins with the highest network hashrate and has a very active developer. I encourage people to post in the btc-e service topic which they reply to: https://bitcointalk.org/index.php?topic=40889 They will take notice if enough people ask them.

Please consider adding DigitalCoin (DGC) to your exchange.

It's the most popular out of all the new coins with the highest network hashrate and has a very active developer (marketplace launched, advertising platform launched, and now a 'bank' is in the works).

Any kind of attempted market manipulation is not good for a crypto currencies reputation.

This kind of activity would actually be highly illegal in a regulated market and you would serve jail time. it's like that for a reason (leads to big market crashes, instability and of course unwitting people get burned).

I'm not interested in how you try and dress it up. 2 million feathercoins were produced in the first 7 hours. It took 6 weeks for 2 million litecoins to be produced.

7 hours vs 6 weeks (6 weeks is 1000 hours). The coins have not been distributed fairly. There wasn't even any notice given of the launch.

Bushstar would you like to explain why you made no pre-announcement of the launch? (I guarantee we don't get an honest answer to this question).

Have you checked that page? I only see 300 downloads on it.

What do you think the real number is? NVC is the most mysterious out of all the coins... it's high value, it's stability, it's general lack of interest on here. Weird.

LTC is 30% more profitable mine. And it's also going on mtgox the largest exchange platform, which many people are speculating will lead to a nice increase in Litecoin price.

I therefore recommend mining LTC and holding onto as many as you can. I will be shocked if the price hasn't gone up in 2 months.

There is more interest than ever in alt currencies, that didn't stop Digitalcoin having a fair launch. The money supply graph of digital coin is a straight line all the way. Not a huge spike on day 1 of coins.

And because the free market raped feathercoin and mined 3 million of them in 1 day doesn't change the fact it's still a major discredit to the 'currency'. Especially when it's based on Litecoin which took weeks and weeks to hit 2 million.

+1.

Wtogami is the Litecoin lead developer for the newest version.

I know it wasn't the first, I am talking about why Litecoin is different to Bitcoin. That is what I was addressing. Saying Feathercoin is going through the same phase Litecoin went though makes no sense at all, for the reasons detailed in my post.

Mentioning pre-mine is a false argument, I don't even talk about that. You can't prove or logically argue why Bitcoin being $260 caused the 3 million feathercoins being produced on day 1. And I never said there is *anything* wrong with allowing people to mine. Good job again addressing something else I didn't even mention.

2 million litecoins were produced in the first 6 weeks. 2 million feathercoins were made in the first 7 hours. The reasons *why* this occurred are largely irrelevant it's the fact it *has* occurred is the problem.

LTC is different enough from Bitcoin to warrant interest. A different hash algorithm which is expensive to calculate with an ASIC and signigicantly faster transaction times. This gave miners reasons to believe in it and it quickly became the number 2 cryptocurrency, which in itself is another reason to believe in it repeating Bitcoin's success.

How is FTC different enough from Litecoin to warrant interest? Also bear in mind with your answer the current cyprocurrency climate with new coins popping up daily, compared to when Litecoin was launched and slowly gained attention.

It's not an opinion. 2 million litecoins were produced in the first 6 weeks. 2 million feathercoins were made in the first 7 hours. Those are facts.

I meant reputation in terms of being underhand, not in terms of fuck ups. Evidently, as an exchange you can fuck up quite a bit and customers will forgive you, but if you start doing shady/underhand things like insider trading that would be mud that would stick for a long time.

There's a lot of convincing arguments why Litecoin will go up in value when it goes on mtgox.

- There are 10,000 businesses that accept bitcoins as payment, it's hard see Litecoin dropping in value when some of them start accepting Litecoin.
- It will also take Litecoin's publicity to another level, a lot of news articles discussing Bitcoin will inevitably start giving Litecoin a passing mention. Especially as Litecoin is pitched as a superior currency to Bitcoin.
-Then of course it's simple supply and demand. Litecoin going on mtgox isn't going to increase the supply of Litecoins in the world but it will increase demand as new people will learn about them (my boss who has a bitcoin wallet didnt know what litecoins were until I showed him).
- Mtgox is also home to some very big players with deep pockets, some of those big players could easily see Litecoin as worth a punt and decide to hedge their bets and invest in Litecoin whilst it's sub $5. In fact I bet you when Litecoin actually lists on mtgox quite a few people will buy a couple just because it's there on the screen and it's so much cheaper than a bitcoin.

Weav you log in with an email address now, not username.

Msweb btce have posted in the services subform saying it's a problem with the network/datacenter/something of that nature.

^ lol. it took 6 weeks for 2 million Litecoins to be produced. 2 million feathercoins were produced in the first 7 hours. No shitty video can explain that difference.


It didn't happen to digitalcoin.

Feathercoin is too similar to Litecoin to ever be very successful. It's always going to stand in Litecoin's shadow... and even if Feathercoin does successfully innovate, Litecoin can just apply the same idea with it's superior devs and community support.

Feathercoin going on mtgox is also a pipedream. There is no hope in hell mtgox would start trading a coin which was successfully 51% attacked recently, it would be a PR disaster if feathercoin got 51% attacked whilst mtgox was trading them and it would cost them dearly. Maybe it would happen one day, years from now... but I would bet within a year it's value is under 1 cent a coin.