Who on earth valued feather coin so high

[bushstar]

It's probably cause the price jumped to 30 LTC and OP was scared that he missed the boat.

Well if you dont know about my hold of litecoin then god knows where you've been the last year. Fact is Im all for Litecoin atm, and was initially interested in buying a few FC just to gamble with. The amount I was going to buy was seriously small, around 100ltc worth, which is why Ive changed my thinking now.

I agree with other posts about how this coin was developed to be a pump n dump machine. The developer, all I can say to you is kudos on doing something with your skills, but seriously you've created something that serves ABSOLUTELY NO PURPOSE. Litecoin at the very least was meant to handle small payments, so taking this into account answer me one thing:

WHAT IS THE PURPOSE OF FEATHER COIN, AND DOES IT SERVE ANY PURPOSE ASIDE FROM BEING PURELY A SPECULATIVE PUMP N DUMP MACHINE?

I believe it fills the gap underneath Litecoin, this does not compete directly with Litecoin. I see the gap there but others do not. There are lots of alts but they are mostly SHA-256 for some reason. I have generally supported altcoins, especially Litecoin, even when others have not.

[gabbynot]

WHAT IS THE PURPOSE OF FEATHER COIN, AND DOES IT SERVE ANY PURPOSE ASIDE FROM BEING PURELY A SPECULATIVE PUMP N DUMP MACHINE?

I'd like to know the purpose as well; six pages into this thread & there still isn't a decent reason given for the actual point of FC.

[wmikrut]

WHAT IS THE PURPOSE OF FEATHER COIN, AND DOES IT SERVE ANY PURPOSE ASIDE FROM BEING PURELY A SPECULATIVE PUMP N DUMP MACHINE?

I'd like to know the purpose as well; six pages into this thread & there still isn't a decent reason given for the actual point of FC.

My guess:  perhaps the intent is panic and seeking shelter from ASIC mayhem.
Since scrypt is the only safe haven from that area -- there seems to be an awful lot of interest in creating scrypt based coins.

[bushstar]

WHAT IS THE PURPOSE OF FEATHER COIN, AND DOES IT SERVE ANY PURPOSE ASIDE FROM BEING PURELY A SPECULATIVE PUMP N DUMP MACHINE?

I'd like to know the purpose as well; six pages into this thread & there still isn't a decent reason given for the actual point of FC.

It really is simple. It is more abundant than Litecoin. If this does not interest you then ignore it for now.

Litecoin is more abundant than Bitcoin and it has served it well. There are already scrypt alternatives, mincoin, which only has 10 million coins so is positioned against Litecoin. Then there is Novacoin which will have plenty of coins but has a very small block reward so again positions against Litecoin for now and it had a controversial beginning. Then there is RUCoin which I will ignore and BBQCoin which was always a just-for-fun project.

Looking around at the alternatives I felt positive about Feathercoins future even before I launched the coin.

The one thing I did not want to do with this coin is try to replace LiteCoin as so many others have done before. I think LiteCoin holds its place well out there and shows that there is room for more than one coin.

[wmikrut]

BTW =-= I wasn't bashing FC... I love all Alts!

I like owning anything that is considered 'a piece of history' in terms of how value is stored.
Oh yeah, they have a word for people like me .... collectors!   

[bopbeep]

[master-P]

It seems that feather coin grew some wings and the price flew up

[thep33t]

25LTC +/-

[zdarkazn]

25LTC +/-

ROFL. you want to buy 1000FC for 25,000LTC then?

[thep33t]

25LTC +/-

ROFL. you want to buy 1000FC for 25,000LTC then?

Misread
1000FC is slightly different than 1 FC

You get the jist though.

[Vycid]

I think anyone paying over 10ltc for 1000 fc is basically stupid

Couldn't help but grin when I saw you on the Google Docs exchange just now, buying at 20 LTC / 1000 FC

[TimeBandit]

https://i.imgur.com/Qq2202E.gif

I had not seen this one before, just shot milk out my nose

[Guido]

tip from a noob

stop calling it FC
if it ever has a ticker then it will be FTC
also looks more credible and memorable next to BTC and LTC

also saves the constant confusion with that freicoin one

if this is a genius tip feel free to send me 5000 FTC 

[Raghnar]

.025 USD for one feathercoin?  So that giveaway thread for them is basically giving out 12.5 cents worth??

[txmasut]

.025 USD for one feathercoin?  So that giveaway thread for them is basically giving out 12.5 cents worth??

Actually has been trading at about $.08 each lately.

[xjd1987]

Because there are many crazy buyers like me.  
AS the  FC is rare now,I can sell a higher price in other platform.But it won't last long.

[tclo]

Because there are many crazy buyers like me.  
AS the  FC is rare now,I can sell a higher price in other platform.But it won't last long.

Ok I can see buying a bunch and hoping for some appreciation. If it goes from 5 cents to 10 cents, of course you double your money.   

[DigitalDoom]

Why is everyone being so hard on FTC and the developer of it? The only reason I can possibly see for this thread is someone's trolling...trying to bring the asking price down so they can buy a bunch. There's no other possible reason for starting this thread!

So someone made a new crypto...so he released and promoted it at just the right time...so a few people are making a buck or 2 off of it...Who the Hell cares? More power to you all I say!

I don't see why anyone needs to justify their reasoning for starting their own coin to anyone else. There's nothing unethical about it, there's nothing evil in it and there's absolutely nothing wrong with making a profit off of your product...no matter what the product is or what purpose it serves!

A few of you made the claim that FTC was created for no other reason but for the developer to make some money...Sounds like the same purpose for creating this troll thread!

Personally I say, more power to both of you (FTC dev and OP)...I have no problem with anyone doing whatever it takes to put extra cash in their pockets.

BTW...I solo-mined only 2 blocks of FTC for a whopping 400 coins, but it's been serving a much greater purpose for me than providing 400 coins. I'm very much grateful for it and want to thank the developer for creating it! Keep up the good work!! 

[zdarkazn]

Why is everyone being so hard on FTC and the developer of it? The only reason I can possibly see for this thread is someone's trolling...trying to bring the asking price down so they can buy a bunch. There's no other possible reason for starting this thread!

So someone made a new crypto...so he released and promoted it at just the right time...so a few people are making a buck or 2 off of it...Who the Hell cares? More power to you all I say!

I don't see why anyone needs to justify their reasoning for starting their own coin to anyone else. There's nothing unethical about it, there's nothing evil in it and there's absolutely nothing wrong with making a profit off of your product...no matter what the product is or what purpose it serves!

A few of you made the claim that FTC was created for no other reason but for the developer to make some money...Sounds like the same purpose for creating this troll thread!

Personally I say, more power to both of you (FTC dev and OP)...I have no problem with anyone doing whatever it takes to put extra cash in their pockets.

BTW...I solo-mined only 2 blocks of FTC for a whopping 400 coins, but it's been serving a much greater purpose for me than providing 400 coins. I'm very much grateful for it and want to thank the developer for creating it! Keep up the good work!! 

Woohoo! Well said!

[saddambitcoin]

I was just looking around to buy some and realised its almost valued at $0.025, who on earth valued this price? I dont care for answers like 'it should be a 1/4 of ltc'. Things dont work like that. LTC should be worth a 1/4 of BTC but its not. It seems a lot of you have got stuck in adopting alt currencies as soon as they come out to make a quick buck. I think anyone paying over 10ltc for 1000 fc is basically stupid

Stop believing what you think is right.  You are not important.