Why I think Feathercoins will be a succes

[kochmann799]

I am working on an alt currency that will have 4 times as many coins as FeatherCoin.

I will call it HeliumCoin.


4 times as many coins as FeatherCoin which has
4 times as many coins as LiteCoin which has
4 times as many coins as Bitcoin.

Bitcoin: Gold
LiteCoin: Silver
FeatherCoin: Bronze
HeliumCoin: Aluminum


It should catch on well (as long as nobody comes up with a smarter plan to have an alt coin with 4 times as many HeliumCoins...VacuumCoin).

Noooo! You got it wrong! It's first AtomCoins! Then Vacuum! xD

[Matthew N. Wright]

Imagicoin: unlimited supply, unlimited profits, but only in your head.

[Notanon]

Pfft, Neutrinocoins after Atomicoins!

[Come-from-Beyond]

I am working on an alt currency that will have 4 times as many coins as FeatherCoin.

U didn't get the idea. "4 times as many coins" is not enough. Time between blocks must be less than 10 sec. But 10 sec is already limit. Nothing can be lighter than FeatherCoin at this point of technological progress.

[Melbustus]

The way I see the alts:

1) Ripple
Not really an alt, per se. It's a system, not an asset (XRP notwithstanding). It's effectively an alternate solution to the Byzantine General's problem, that results in instant confs. Pretty interesting.

2) Litecoin
Different primarily because of use of scrypt. This may or may not prove to have value. The 4x supply and 1/4 conf times are both immaterial. There are very few cases where 10 min conf is unacceptable but 2 min conf IS acceptable. Both are unacceptable for buying a coffee; other solutions on top of the blockchains will have to be developed. Regarding supply, magnitude is not particularly relevant with near infinite divisibility. Dynamics matter, but LTC and BTC have exactly the same curve.

3) PP-Coin
I don't know much about this one, but understand the difference is Proof-of-Stake vs. Proof-of-Work, which could have long-term implications regarding cheaper transactions fees due to less energy demand for mining. Sounds interesting.

4) Feathercoin
Brings nothing new to the table. Whether it will bubble in the market for a while or not, I don't know, but it holds zero intellectual interest for me.

[jubalix]

The way I see the alts:

1) Ripple
Not really an alt, per se. It's a system, not an asset (XRP notwithstanding). It's effectively an alternate solution to the Byzantine General's problem, that results in instant confs. Pretty interesting.

2) Litecoin
Different primarily because of use of scrypt. This may or may not prove to have value. The 4x supply and 1/4 conf times are both immaterial. There are very few cases where 10 min conf is unacceptable but 2 min conf IS acceptable. Both are unacceptable for buying a coffee; other solutions on top of the blockchains will have to be developed. Regarding supply, magnitude is not particularly relevant with near infinite divisibility. Dynamics matter, but LTC and BTC have exactly the same curve.

3) PP-Coin
I don't know much about this one, but understand the difference is Proof-of-Stake vs. Proof-of-Work, which could have long-term implications regarding cheaper transactions fees due to less energy demand for mining. Sounds interesting.

4) Feathercoin
Brings nothing new to the table. Whether it will bubble in the market for a while or not, I don't know, but it holds zero intellectual interest for me.

LTC >> FC less premine, more acceptance, less massive blockchain
FC  >>LTC  faster

[BitcoinBoard]

Just got the word that the first exchange has added FTC into their website, other exchanges will catch up soon! FTC price went from $0.025 to $0.07 in a day, nice progress!

[MaGNeT]

Just got the word that the first exchange has added FTC into their website, other exchanges will catch up soon! FTC price went from $0.025 to $0.07 in a day, nice progress!

First exchange? Cryptoshit.net? They can't handle the trades right now. I moved my coins away from it.

I e-mailed BTC-E and VirCurEx for FC support. They can handle large volume trading.

[BitcoinBoard]

Just got the word that the first exchange has added FTC into their website, other exchanges will catch up soon! FTC price went from $0.025 to $0.07 in a day, nice progress!

First exchange? Cryptoshit.net? They can't handle the trades right now. I moved my coins away from it.

I e-mailed BTC-E and VirCurEx for FC support. They can handle large volume trading.

Although I admit that their servers are shit, I still think it is a positive move forward into the development of Feathercoins 

[fran2k]

I am working on an alt currency that will have 4 times as many coins as FeatherCoin.

I will call it HeliumCoin.

4 times as many coins as FeatherCoin which has
4 times as many coins as LiteCoin which has
4 times as many coins as Bitcoin.

Bitcoin: Gold
LiteCoin: Silver
FeatherCoin: Bronze
HeliumCoin: Aluminum

It should catch on well (as long as nobody comes up with a smarter plan to have an alt coin with 4 times as many HeliumCoins...VacuumCoin).

AntiCoin, a coin with negative value which decreases while the other increases and maintains the universe of cryptocoins growing.

[EskimoBob]

I see no new ideas. Nothing revolutionary. Same stuff as LTC with minor tweaks.
PPC has new ideas, sorry but this feather thing of yours brings nothing new to the table.

1) Resolve the future blockchain bloat issues (like BTC is now)
2) Absurdly high energy requirements of BTC to keep it running
3) some other good ideas

... and you can call it a new coin.

Just forking an existing coin is probably a fun little social engineering experiment. At the same time, it's pointless waste of time and energy.

[birdbrainz]

It's just Litecoin with 4x the amount of coins that will end up being generated. Unless there is something else major that differentiates it from the rest of the alts, I can't see it lasting. I mean, Bytecoin barely seems to get a mention at the moment.

I wonder why this has 10x the hype that bytecoin has

[jubalix]

It's just Litecoin with 4x the amount of coins that will end up being generated. Unless there is something else major that differentiates it from the rest of the alts, I can't see it lasting. I mean, Bytecoin barely seems to get a mention at the moment.

I wonder why this has 10x the hype that bytecoin has

because no asics....where is byte up to these days?

[BitcoinBoard]

Just got the word that the first exchange has added FTC into their website, other exchanges will catch up soon! FTC price went from $0.025 to $0.07 in a day, nice progress!

First exchange? Cryptoshit.net? They can't handle the trades right now. I moved my coins away from it.

I e-mailed BTC-E and VirCurEx for FC support. They can handle large volume trading.

FYI, They seem to be back up now, and they are handling the traffic better then ever from what it seems. Looks like adding Feathercoin gave them a big user account boost which meant they had to upgrade their servers.

[aikklond]

Feathercoin is already going mainstream, unbelievable success. I was sceptical at the beginning, but obviously the market was inneed of a good secondary Scrypt coin.

[BitcoinBoard]

Feathercoin is already going mainstream, unbelievable success. I was sceptical at the beginning, but obviously the market was inneed of a good secondary Scrypt coin.

Yup, even the doubters are turning into believers right now!

[Buffer Overflow]

Feathercoin is already going mainstream, unbelievable success.

Really? Even Bitcoin hasn't gone mainstream yet. 

[louhija]

I think this is a perfect time to make different forks and throw it out there. Nothing is yet "mainstream", so even Bitcoin does not have an impossible headstart advantage. If it's usable or not will be sorted by the users. We'll see what's what.

When you think of it in a long(er) time perspective, maybe 4-7 years, you'll see the difference between LTC and FTC will seem non existent. It will all boil down to:

1. Usability
2. Appearance & marketing
3. DEVs
4. Luck

I think smart move is to maximize your holdings in any crypto you see as a potential success.

[bitcoiners]

Of course we dont need that many, but what is stopping people from competing and improving. Look at how many credit cards there are.

Feathercoin improves nothing. Oh, 4 times more coins.  LOL, there is zero reason why feathercoin is valued as much as it is in the first week of its' debut.

Feathercoin is for people/noobs who missed the BTC boat and the LTC boat and who can't mine even LTC efficiently with their rigs anymore. This is why FC even exists, oh also for get rich quick scammers.  It is a parasite.
 
I won't do business with anyone trying to hype FC. I put them on ignore immediately.

Oh, ignore op.

Cheers.

[perhan007]

Of course we dont need that many, but what is stopping people from competing and improving. Look at how many credit cards there are.

Feathercoin improves nothing. Oh, 4 times more coins.  LOL, there is zero reason why feathercoin is valued as much as it is in the first week of its' debut.

Feathercoin is for people/noobs who missed the BTC boat and the LTC boat and who can't mine even LTC efficiently with their rigs anymore. This is why FC even exists, oh also for get rich quick scammers.  It is a parasite.
 
I won't do business with anyone trying to hype FC. I put them on ignore immediately.

Oh, ignore op.

Cheers.

Actually there have to be a lot of people that got very easy to their LTC, otherwise they wouldn't trade them for FTC @ this rate.