[BTC][LTC][FTC][TRC][PPC][NMC][IXC][NVC][FRC][BTE][BQC]Why Feathercoin will fail

[Radacoin]

Why? I don't know. But I sure have the attention of all those Alt-Coin haters now

No one forces you to buy a specific Alt-Coin. No one forces you to sell a specific Alt-Coin.

If you don't like a coin, just stay out. What's the problem?
If you like a coin, promote it. The Feathercoin guys are doing a great job promoting their coin. Compared to them the Litecoin, Terracoin, ... flock seems to be pretty lazy.

If you like companies like BFL (that will deliver your miner in 2015) or Avalon (that charge you an arm and a leg) then buy their ASICs and mine Bitcoin.
If you wanna teach those fuckers a lesson, then vote with your wallet and don't buy their crap. Keep your GPUs (and buy new GPUs) and mine Litecoin & Feathercoin.

MtGox starts trading Litecoin soon. There is an endless line of customers newbies fools waiting to start trading on MtGox throw money at us miners. They don't care whether it's Bitcoin or Litecoin or Shitecoin - as long as it's Somecoin.

[imperi]

It won't fail. I believe in Feathercoin. That's all that matters. I'm going to have (some) of my Feathercoins until the day I die. I'll mark my grave with my Feathercoin address.

**** all the haters. **** them all.

[Boxman90]

Some of the haters even specifically registered on the FTC/LTC exchange to spread FUD.

I mean there's butthut, and then there's extreme overlord butthurt. It is funny.

[imperi]

Some of the haters even specifically registered on the FTC/LTC exchange to spread FUD.

I mean there's butthut, and then there's extreme overlord butthurt. It is funny.

"First they ignore you, then they laugh at you, then they fight you, then you win." - Mahatma Gandhi.

[skull88]

MtGox starts trading Litecoin soon. There is an endless line of customers newbies fools waiting to start trading on MtGox throw money at us miners. They don't care whether it's Bitcoin or Litecoin or Shitecoin - as long as it's Somecoin.

Why is this the general impression I get from the people surrounding Feathercoin, they only care about the fiat money that could be earned. While people supporting BTC and LTC do it because they believe in it as a currency and not a get rich scheme. You call people who buy a cryptocurrencie fools?

[Radacoin]

You call people who buy a cryptocurrencie fools?

Short answer: yes, mostly.
(most people are fools anyway - hence why 1% has all the riches and the other 99% whine&complain)

Long answer: Why do you think Joe Sixpack is trading on MtGox? Because he want's to have a revolution, fight tyranny, capitalist pigs? Or because he buys Bitcoin today at 120 because tomorrow it will be at 140?

[imperi]

MtGox starts trading Litecoin soon. There is an endless line of customers newbies fools waiting to start trading on MtGox throw money at us miners. They don't care whether it's Bitcoin or Litecoin or Shitecoin - as long as it's Somecoin.

Why is this the general impression I get from the people surrounding Feathercoin, they only care about the fiat money that could be earned. While people supporting BTC and LTC do it because they believe in it as a currency and not a get rich scheme. You call people who buy a cryptocurrencie fools?

No, I think Feathercoins should exist in the long term. Because with more block chains, they can resist attacks better.

[Radacoin]

No, I think Feathercoins should exist in the long term. Because with more block chains, they can resist attacks better.

Yes. Plus we need more coins in general. People are coin-crazy and waiting in line (to get verified) at MtGox to spend their USD, EUR, JPY on Bitcoins and Litecoins and whatever coins they can get.

[Walter Rothbard]

BTC[LTC][FTC][TRC][PPC][NMC][IXC][NVC][FRC][BTE][BQC]Why Feathercoin will fail

Best subject line of the month.  Thank you for the smile!

I liked your post, too.

[Walter Rothbard]

Why? I don't know. But I sure have the attention of all those Alt-Coin haters now

No one forces you to buy a specific Alt-Coin. No one forces you to sell a specific Alt-Coin.

If you don't like a coin, just stay out. What's the problem?
If you like a coin, promote it. The Feathercoin guys are doing a great job promoting their coin. Compared to them the Litecoin, Terracoin, ... flock seems to be pretty lazy.

If you like companies like BFL (that will deliver your miner in 2015) or Avalon (that charge you an arm and a leg) then buy their ASICs and mine Bitcoin.
If you wanna teach those fuckers a lesson, then vote with your wallet and don't buy their crap. Keep your GPUs (and buy new GPUs) and mine Litecoin & Feathercoin.

MtGox starts trading Litecoin soon. There is an endless line of customers newbies fools waiting to start trading on MtGox throw money at us miners. They don't care whether it's Bitcoin or Litecoin or Shitecoin - as long as it's Somecoin.

I like this post.  I probably don't agree with every detail in it, but I really like the sentiment.

[Walter Rothbard]

MtGox starts trading Litecoin soon. There is an endless line of customers newbies fools waiting to start trading on MtGox throw money at us miners. They don't care whether it's Bitcoin or Litecoin or Shitecoin - as long as it's Somecoin.

Why is this the general impression I get from the people surrounding Feathercoin, they only care about the fiat money that could be earned. While people supporting BTC and LTC do it because they believe in it as a currency and not a get rich scheme. You call people who buy a cryptocurrencie fools?

I honestly think that the best way to help Bitcoin and the whole cryptocurrency movement in general is to build a profitable business in it.  Profit is your measure of whether you are helping or not.

[Radacoin]

You are new to this forum so you don't know how it usually goes ...

Code:

Name: 			subSTRATA
Posts: 			36
Position: 		Jr. Member
Date Registered: 	October 01, 2012, 10:05:18
Ignore button:		dark yellow

no comment  

[nodesupply]

I'm not a proponent of Feathercoin because I think it dilutes the crypto currencies in existence already.

Bitcoin already has the highest market penetration, with litecoin coming in second.

Feathercoin is very new to the game. For a Litecoin miner (who was once a Bitcoin miner), why stop mining LTC? It's still quite profitable. 

[skull88]

You call people who buy a cryptocurrencie fools?

Short answer: yes, mostly.
(most people are fools anyway - hence why 1% has all the riches and the other 99% whine&complain)

Long answer: Why do you think Joe Sixpack is trading on MtGox? Because he want's to have a revolution, fight tyranny, capitalist pigs? Or because he buys Bitcoin today at 120 because tomorrow it will be at 140?

The sad part is, your right. The sadder part is, you seem to find that a good thing? I hope that Joe Sixpack after burning his fingers with buying at >$200 and selling at 100$, sees that it's not a get rich fast scheme but maybe learns more about it and stays for the good things it may bring. And probably earns more that way instead of jumping on the next coin and only make people who profit from these fools richer.

I would be a hypocrite if I would say I wouldn't like it to see btc at 1000$ and ltc at 250$ so I can retire on my own Island without actually doing that much for those coins. Still, I don't think it should be the main goal, if they drop to 1$ and 0,01$, I will still use them for what they are meant to be

MtGox starts trading Litecoin soon. There is an endless line of customers newbies fools waiting to start trading on MtGox throw money at us miners. They don't care whether it's Bitcoin or Litecoin or Shitecoin - as long as it's Somecoin.

Why is this the general impression I get from the people surrounding Feathercoin, they only care about the fiat money that could be earned. While people supporting BTC and LTC do it because they believe in it as a currency and not a get rich scheme. You call people who buy a cryptocurrencie fools?

I honestly think that the best way to help Bitcoin and the whole cryptocurrency movement in general is to build a profitable business in it.  Profit is your measure of whether you are helping or not.
[/quote
Building a profitable business in it? By mine the hell out of it the first days so a select few have 3,000,000 to split amongst each other and sell them for lots of money. It never worked in the past, why the hell would ftc be different? And if you think you can take that kind of profit as a measurement whether or not someone is helping, you're definitely wrong. You can only have a succesfull coin if people actually work for them, build services for it and sell goods for them. Buying and holding in the hope Joe sixpack will throw some more money to you than you paid for it is just not helping the coin. How many profit that person may have, it is not a measurement. Their are people on this forum with <50btc or <50ltc who did a lot more for them than some with big wallets.

[Radacoin]

I'm not a proponent of Feathercoin because I think it dilutes the crypto currencies in existence already.
Bitcoin already has the highest market penetration, with litecoin coming in second.

I'm not a proponent of the Argentine peso because I think it dilutes the currencies in existence already.
USD already has the highest market penetration, with EUR coming in second.

For a Litecoin miner (who was once a Bitcoin miner), why stop mining LTC? It's still quite profitable. 

Please read the OT again:

No one forces you to buy a specific Alt-Coin. No one forces you to sell a specific Alt-Coin.

If you don't like a coin, just stay out. What's the problem?

[skull88]

You are new to this forum so you don't know how it usually goes ...

Code:

Name: 			subSTRATA
Posts: 			36
Position: 		Jr. Member
Date Registered: 	October 01, 2012, 10:05:18
Ignore button:		dark yellow

no comment  

Doesn't mean it isn't true 

[Radacoin]

Long answer: Why do you think Joe Sixpack is trading on MtGox? Because he want's to have a revolution, fight tyranny, capitalist pigs? Or because he buys Bitcoin today at 120 because tomorrow it will be at 140?

The sad part is, your right. The sadder part is, you seem to find that a good thing?

No, I don't. But that doesn't matter. "The market" does not care about me. Or you. But the market is always right.

[Walter Rothbard]

MtGox starts trading Litecoin soon. There is an endless line of customers newbies fools waiting to start trading on MtGox throw money at us miners. They don't care whether it's Bitcoin or Litecoin or Shitecoin - as long as it's Somecoin.

Why is this the general impression I get from the people surrounding Feathercoin, they only care about the fiat money that could be earned. While people supporting BTC and LTC do it because they believe in it as a currency and not a get rich scheme. You call people who buy a cryptocurrencie fools?

I honestly think that the best way to help Bitcoin and the whole cryptocurrency movement in general is to build a profitable business in it.  Profit is your measure of whether you are helping or not.

Building a profitable business in it? By mine the hell out of it the first days so a select few have 3,000,000 to split amongst each other and sell them for lots of money. It never worked in the past, why the hell would ftc be different? And if you think you can take that kind of profit as a measurement whether or not someone is helping, you're definitely wrong. You can only have a succesfull coin if people actually work for them, build services for it and sell goods for them. Buying and holding in the hope Joe sixpack will throw some more money to you than you paid for it is just not helping the coin. How many profit that person may have, it is not a measurement. Their are people on this forum with <50btc or <50ltc who did a lot more for them than some with big wallets.

I don't have mining in mind as a profitable business, and I doubt that long term very much profit in the cryptocoin community is going to come from launching new coins.

If it does, though, then I guess the community needed it!

[Walter Rothbard]

I'm not a proponent of Feathercoin because I think it dilutes the crypto currencies in existence already.

Can this be measured?

[thep33t]

I'm not a proponent of Feathercoin because I think it dilutes the crypto currencies in existence already.

Can this be measured?

My though it this: New coins dilute, and decentralize.
Too many - you have issues. Not enough diversity, you run into the same problems BTC tried to solve.

If there was a measure, someone would be rich