Why is everyone loving Feathercoin so much?

[billionaire]

If nothing else, FTC offers the benefits of LTC's quick confirmations and ASIC protection at only a fraction of the mining difficulty level of LTC. It also has tons of interested miners since its almost 300% more profitable right now to mine than btc, and twice as profitable than LTC. This is alot to build on in the first week of its public debut. What more do you want out a coin that is a week old? Of course no retailers accept a brand new coin. Name something specific that a new coin should offer if FTC isnt good enough as it is. I find a lot of potential in it personally.

[hathmill]

Im not supporting it, mainly because Imm to late to the game. I think I can make more money on ltc and btc in the longrun then on fc.

[imperi]

If we need another scrypt alt, why didn't Mincoin succeed?

I love FC because I'm making lots off of it. I don't think it's going to survive, I think the price is gonna go up, then crash.

You are like someone who sold Bitcoin when it was $30. Unintelligent behavior.

[imperi]

If we need another scrypt alt, why didn't Mincoin succeed?

I love FC because I'm making lots off of it. I don't think it's going to survive, I think the price is gonna go up, then crash.

You are like someone who sold Bitcoin when it was $30. Unintelligent behavior.

Come on, this has been seen before. FTC is the new Coin of the Month.

Litecoin is the best fork of Bitcoin. Feathercoin is the best fork of Litecoin... it has long range potential.

[imperi]

If we need another scrypt alt, why didn't Mincoin succeed?

I love FC because I'm making lots off of it. I don't think it's going to survive, I think the price is gonna go up, then crash.

You are like someone who sold Bitcoin when it was $30. Unintelligent behavior.

Come on, this has been seen before. FTC is the new Coin of the Month.

Litecoin is the best fork of Bitcoin. Feathercoin is the best fork of Litecoin... it has long range potential.

So, what's wrong with Mincoin, then?

Well first of all, the developer(s) of Feathercoin have made relatively conservative decisions about Feathercoin's design deviations from Litecoin. So I think that shows they are intelligent. Also the Feathercoin site is very professional. The name also sounds better than "Mincoin".

I think Feathercoin should be a long term competitor to Litecoin and Bitcoin, and slowly introduce more design improvements. And if it doesn't reach its potential, it is mostly the fault of the miners and investors.

[markm]

It is necessary to have more than one coin for each method of hashing in order for miners to be able to maximise the profits from chain-hopping.

Ideally there will be enough chains to hop that any time one chain goes up in difficulty some other chain will have lain fallow long enough to finally, possibly after a long long long time of hardly being mined at all, lower its own difficulty. How many chains it will take for there to always be a chain dropping back down in difficlty whenever another chain increases in difficulty I do not know offhand but might be able to be guestimated and can of course, by continuing to make more chains until it is accomplished, be determined empirically.

Thus multiple chains should in the long term maximise miners profits.

-MarkM-

[imperi]

Multiple chains are important to ensure the long term stability of cryptocoins. Because then there is less chance they could all be shut down. I think Feathercoin should be one of the accepted coins. Obviously I am biased here, since I have some, but I had the same opinion before I had any.

[billionaire]

I dont agree with his post about a sudden crash in FTC's future, anything is possible. But I can only speak of my own position as a new miner who spent $2500 on equipment with a credit card. I would love to hold all my coins for a few years and let them gain in value, but I have to pay off my rig. Right now FTC represents a great opportunity to speed up my repayment. I will of course hold some along the way, but financing my purchase through the selling of my mined coins is also a priority. There is a difference between just hopping in and cashing out, and people like me though. I am not looking for a get rich quick scheme or a quick cash before a crash.

I support FTC through mining and sticking up for it in forums and the message box at BTC-e. I test brand new exchanges that offer FTC, and I plan on holding on to a bunch of my FTC to hopefully see it grow into something that can peacefully coexist alongside BTC and LTC. I use some of my FTC proceeds to invest in other coins to diversify my holdings. The way I see it, the more options in crypto the better. Let the entire userbase decide with their hashrates and trades to decide which coins are worthy or not. It will sort itself out one way or the other. There are at least two ways to view FTC's meteoric rise. Either its a flash in the pan, or its going to be around for a long time. Either way, it is exciting to see a new coin come out of the gates swinging like FTC is. It's something I definitely want to be a part of.

[imperi]

If we need another scrypt alt, why didn't Mincoin succeed?

I love FC because I'm making lots off of it. I don't think it's going to survive, I think the price is gonna go up, then crash.

You are like someone who sold Bitcoin when it was $30. Unintelligent behavior.

Come on, this has been seen before. FTC is the new Coin of the Month.

Litecoin is the best fork of Bitcoin. Feathercoin is the best fork of Litecoin... it has long range potential.

So, what's wrong with Mincoin, then?

Well first of all, the developer(s) of Feathercoin have made relatively conservative decisions about Feathercoin's design deviations from Litecoin. So I think that shows they are intelligent. Also the Feathercoin site is very professional. The name also sounds better than "Mincoin".

I think Feathercoin should be a long term competitor to Litecoin and Bitcoin, and slowly introduce more design improvements. And if it doesn't reach its potential, it is mostly the fault of the miners and investors.

So, because it's closer to being a clone of Litecoin, and has better web designers, it's better than Mincoin? Oh, and it has a cooler name. Really? That's all you've got? It also has a really cool logo, you forgot to mention that. Maybe in your eyes, that's evidence for it being a solid long term coin, too.

They haven't made brash decisions to ensure its failure. Because of the uncertainty, it has long term viability. Conservative design changes are the way to go. These are just my opinions obviously.

[imperi]

If we need another scrypt alt, why didn't Mincoin succeed?

I love FC because I'm making lots off of it. I don't think it's going to survive, I think the price is gonna go up, then crash.

You are like someone who sold Bitcoin when it was $30. Unintelligent behavior.

Come on, this has been seen before. FTC is the new Coin of the Month.

Litecoin is the best fork of Bitcoin. Feathercoin is the best fork of Litecoin... it has long range potential.

So, what's wrong with Mincoin, then?

Well first of all, the developer(s) of Feathercoin have made relatively conservative decisions about Feathercoin's design deviations from Litecoin. So I think that shows they are intelligent. Also the Feathercoin site is very professional. The name also sounds better than "Mincoin".

I think Feathercoin should be a long term competitor to Litecoin and Bitcoin, and slowly introduce more design improvements. And if it doesn't reach its potential, it is mostly the fault of the miners and investors.

So, because it's closer to being a clone of Litecoin, and has better web designers, it's better than Mincoin? Oh, and it has a cooler name. Really? That's all you've got? It also has a really cool logo, you forgot to mention that. Maybe in your eyes, that's evidence for it being a solid long term coin, too.

They haven't made brash decisions to ensure its failure. Because of the uncertainty, it has long term viability. Conservative design changes are the way to go. These are just my opinions obviously.

Litecoin is THE altcoin because it *fixed* something in BTC, namely, the ASIC problem. Making almost no changes to a coin just means you have a carbon copy of it.

But having only one solid, professional Scrypt-based coin is too much risk.

[imperi]

If we need another scrypt alt, why didn't Mincoin succeed?

I love FC because I'm making lots off of it. I don't think it's going to survive, I think the price is gonna go up, then crash.

You are like someone who sold Bitcoin when it was $30. Unintelligent behavior.

Come on, this has been seen before. FTC is the new Coin of the Month.

Litecoin is the best fork of Bitcoin. Feathercoin is the best fork of Litecoin... it has long range potential.

So, what's wrong with Mincoin, then?

Well first of all, the developer(s) of Feathercoin have made relatively conservative decisions about Feathercoin's design deviations from Litecoin. So I think that shows they are intelligent. Also the Feathercoin site is very professional. The name also sounds better than "Mincoin".

I think Feathercoin should be a long term competitor to Litecoin and Bitcoin, and slowly introduce more design improvements. And if it doesn't reach its potential, it is mostly the fault of the miners and investors.

So, because it's closer to being a clone of Litecoin, and has better web designers, it's better than Mincoin? Oh, and it has a cooler name. Really? That's all you've got? It also has a really cool logo, you forgot to mention that. Maybe in your eyes, that's evidence for it being a solid long term coin, too.

They haven't made brash decisions to ensure its failure. Because of the uncertainty, it has long term viability. Conservative design changes are the way to go. These are just my opinions obviously.

Litecoin is THE altcoin because it *fixed* something in BTC, namely, the ASIC problem. Making almost no changes to a coin just means you have a carbon copy of it.

But having only one solid, professional Scrypt-based coin is too much risk.

Perhaps. Which is why I said, what's wrong with Mincoin? Maybe FTC will become Litecoin's TRC, but I don't get why Mincoin didn't have this rush of early adoption.

In many subtle ways, Mincoin is not as "professional" as Feathercoin, I think. So it was harder for people to adopt it.

[zdarkazn]

If we need another scrypt alt, why didn't Mincoin succeed?

I love FC because I'm making lots off of it. I don't think it's going to survive, I think the price is gonna go up, then crash.

You are like someone who sold Bitcoin when it was $30. Unintelligent behavior.

Come on, this has been seen before. FTC is the new Coin of the Month.

Litecoin is the best fork of Bitcoin. Feathercoin is the best fork of Litecoin... it has long range potential.

So, what's wrong with Mincoin, then?

Well first of all, the developer(s) of Feathercoin have made relatively conservative decisions about Feathercoin's design deviations from Litecoin. So I think that shows they are intelligent. Also the Feathercoin site is very professional. The name also sounds better than "Mincoin".

I think Feathercoin should be a long term competitor to Litecoin and Bitcoin, and slowly introduce more design improvements. And if it doesn't reach its potential, it is mostly the fault of the miners and investors.

So, because it's closer to being a clone of Litecoin, and has better web designers, it's better than Mincoin? Oh, and it has a cooler name. Really? That's all you've got? It also has a really cool logo, you forgot to mention that. Maybe in your eyes, that's evidence for it being a solid long term coin, too.

They haven't made brash decisions to ensure its failure. Because of the uncertainty, it has long term viability. Conservative design changes are the way to go. These are just my opinions obviously.

Litecoin is THE altcoin because it *fixed* something in BTC, namely, the ASIC problem. Making almost no changes to a coin just means you have a carbon copy of it.

But having only one solid, professional Scrypt-based coin is too much risk.

Perhaps. Which is why I said, what's wrong with Mincoin? Maybe FTC will become Litecoin's TRC, but I don't get why Mincoin didn't have this rush of early adoption.

Mincoin was messed up from the start. Insanely high rewards for the first three days. then constant LOW rewards afterwards.

[imperi]

Anything is possible. I think a fork (LTC -> FTC) of a fork (BTC -> LTC) was already a hard thing for people to accept, and BTC is hard enough to accept. So if FTC is not conservative about their design decisions, it is just too much for people to handle. Too much unpredictability. That's why I like how it is nearly the same as LTC.

[UKMark]

So, what's wrong with Mincoin, then?

This is the first I have heard about it? Also I searched for Mintcoin and then realised you had typed Mincoin...Easy mistake I suppose.  
But still this is a very good point that should be answered.
Maybe ask the Developers of Mincoin?

[markm]

Litecoin is THE altcoin because it *fixed* something in BTC, namely, the ASIC problem. Making almost no changes to a coin just means you have a carbon copy of it.

Hmm. Litecoin is THE altcoin because Tenebrix *fixed* something in BTC, namely the ASIC problem, then Fairbrix *fixed* something in Tenebrix, namely the "pre-mine", then Litecoin copied Fairbrix, updating it to newer bitcoin code?

If just copying it and while you're at it using more-recent bitcoin code is the big deal then someone should copy litecoin but use newer bitcoin code.

Hmm, Feathercoin didn't even use newer bitcoin code did it? Just copy and rename?

So judging by Feathercoin's success, the real secret of Litecoin's success is simply copying a predecessor and changing its name.

If *fixing* the ASIC problem was the magic bullet, Tenebrix or Fairbrix (or both) should be the ones getting the accolades.

-MarkM-

[imperi]

Feathercoin introduces more entropy into the cryptocurrency world, but it does so in a conservative way. So it has long term potential. It's really interesting. It's all up to the miners and investors now, and for the developers to not make any bad decisions or mistakes. If the developers don't make mistakes that betray people's trust, I think Feathercoin could survive.

[UKMark]

Litecoin is THE altcoin because it *fixed* something in BTC, namely, the ASIC problem. Making almost no changes to a coin just means you have a carbon copy of it.

Hmm. Litecoin is THE altcoin because Tenebrix *fixed* something in BTC, namely the ASIC problem, then Fairbrix *fixed* something in Tenebrix, namely the "pre-mine", then Litecoin copied Fairbrix, updating it to newer bitcoin code?

If just copying it and while you're at it using more-recent bitcoin code is the big deal then someone should copy litecoin but use newer bitcoin code.

Hmm, Feathercoin didn't even use newer bitcoin code did it? Just copy and rename?

So judging by Feathercoin's success, the real secret of Litecoin's success is simply copying a predecessor and changing its name.

If *fixing* the ASIC problem was the magic bullet, Tenebrix or Fairbrix (or both) should be the ones getting the accolades.

-MarkM-

Again I thing you should be asking the Developers of these coins? Tenbricks and Fairbricks? Never heard of any of them?

[imperi]

Hmm, Feathercoin didn't even use newer bitcoin code did it? Just copy and rename?

Feathercoin is a fork of Litecoin. So it should only pull in Litecoin code, of course. When Litecoin pulls in newer Bitcoin code, it should then propagate to Feathercoin.

[thep33t]

Litecoin is THE altcoin because it *fixed* something in BTC, namely, the ASIC problem. Making almost no changes to a coin just means you have a carbon copy of it.

Hmm. Litecoin is THE altcoin because Tenebrix *fixed* something in BTC, namely the ASIC problem, then Fairbrix *fixed* something in Tenebrix, namely the "pre-mine", then Litecoin copied Fairbrix, updating it to newer bitcoin code?

If just copying it and while you're at it using more-recent bitcoin code is the big deal then someone should copy litecoin but use newer bitcoin code.

Hmm, Feathercoin didn't even use newer bitcoin code did it? Just copy and rename?

So judging by Feathercoin's success, the real secret of Litecoin's success is simply copying a predecessor and changing its name.

If *fixing* the ASIC problem was the magic bullet, Tenebrix or Fairbrix (or both) should be the ones getting the accolades.

-MarkM-

Again I thing you should be asking the Developers of these coins? Tenbricks and Fairbricks? Never heard of any of them?

Think end of 2011

[imperi]

Litecoin is THE altcoin because it *fixed* something in BTC, namely, the ASIC problem. Making almost no changes to a coin just means you have a carbon copy of it.

Hmm. Litecoin is THE altcoin because Tenebrix *fixed* something in BTC, namely the ASIC problem, then Fairbrix *fixed* something in Tenebrix, namely the "pre-mine", then Litecoin copied Fairbrix, updating it to newer bitcoin code?

If just copying it and while you're at it using more-recent bitcoin code is the big deal then someone should copy litecoin but use newer bitcoin code.

Hmm, Feathercoin didn't even use newer bitcoin code did it? Just copy and rename?

So judging by Feathercoin's success, the real secret of Litecoin's success is simply copying a predecessor and changing its name.

If *fixing* the ASIC problem was the magic bullet, Tenebrix or Fairbrix (or both) should be the ones getting the accolades.

-MarkM-

Again I thing you should be asking the Developers of these coins? Tenbricks and Fairbricks? Never heard of any of them?

Think end of 2011

Can you change your sig to be "FTC".