need some advice on buying some feathercoins

[KCK402]

My father wants to buy 46.61 BTC worth of FTC. What is the best exchange to do this. He has an account with cryptonit.net and bter.com which one would be his best bet?

[Yurizhai]

Bter.com

Not saying it's great, but nothing but complaints for the cyptonet one.

[ImI]

do it in steps and decide after each step. at first 5btc then 10 btc...

[meebs]

i've had decent luck on cryptonit

[KCK402]

Bter.com

Not saying it's great, but nothing but complaints for the cyptonet one.

Bter sucks. Withdrawals are done manually. Use cryptonit, I use it and like it.

Well that sucks, I just sent my first 5 to Bter. Next 5 I will try cryptonit.

[sokol815]

just keep in mind that depositing btc into either of the two will take 6 confirmations @ 10 minutes (give or take) per confirmation, so prepare for at least an hour wait between depositing and trading.

[KCK402]

just keep in mind that depositing btc into either of the two will take 6 confirmations @ 10 minutes (give or take) per confirmation, so prepare for at least an hour wait between depositing and trading.

Once I find a exchange I like I will work up the nerve and just send all the BTC all at once. Hope my father is happy with his FTC when this is all said and done.

[Vorksholk]

My father wants to buy 46.61 BTC worth of FTC. What is the best exchange to do this. He has an account with cryptonit.net and bter.com which one would be his best bet?

Do be a bit careful, >$5000 is a fair bit of risk. Anyhow, bter.com seems to have better feedback, not sure if either exchange can currently support the volume you need though.

Best of luck!

[KCK402]

My father wants to buy 46.61 BTC worth of FTC. What is the best exchange to do this. He has an account with cryptonit.net and bter.com which one would be his best bet?

Do be a bit careful, >$5000 is a fair bit of risk. Anyhow, bter.com seems to have better feedback, not sure if either exchange can currently support the volume you need though.

Best of luck!

Yeah, I told him he might have to wait for few days or a week before his order will be full. Is that right?

[chriswen]

Note: withdrawing from cryptonit is also a pain in the but.

[sokol815]

well, considering 46 btc would be worth about 31K feathercoins, yeah it will take a while to get this filled... quite a while (unless he trades at higher values of feathercoins).

A word of warning, though, we are about 8 hours away from a major difficulty change in feathercoin (doubling the difficulty!)... with this there are many uncertainties. Tread lightly.

Note: withdrawing from cryptonit is also a pain in the but.

Doesn't seem to be too bad... just don't lose/change your google auth and you are good to go.

[Vorksholk]

+1 to rocky waters, speculation is huge right now, and with a >2.05 diff increase, we're in for some interesting economics

[TsuyokuNaritai]

Note: withdrawing from cryptonit is also a pain in the but.

+1. It locks coins in, even with 2-factor authentication.

https://bitcointalk.org/index.php?topic=188949.0

[Radacoin]

My father wants to buy 46.61 BTC worth of FTC. What is the best exchange to do this. He has an account with cryptonit.net and bter.com which one would be his best bet?

http://vircurex.com/

It added Feathercoin recently and is the biggest one of all those exchanges.

[crazy_rabbit]

My father wants to buy 46.61 BTC worth of FTC. What is the best exchange to do this. He has an account with cryptonit.net and bter.com which one would be his best bet?

NO. NO NO NO NO NO. DO NOT DO THIS. If you don't know what is the best exchange to do this on then you have 100% definitely no business spending 46BTC on FTC. Mine it, sure, but don't buy it. You will be a sucker 100% for sure.

FTC has millions of coins out there, ALREADY, it's been out for only a few weeks and it has 5677800 coins already mined. At the current rates thats about 1.5 million dollars- OUT OF THIN AIR. Well, not exactly out of thin air, if you go ahead with your plan at least 46BTC of that 1.5 million dollars will come from your father.

FTC can be a coin, I'm not debating that, but don't  spend 46BTC on it, right now. I have no doubt that the value will collapse by an order of magnitude as soon as the people who have already mined start to panic and dump coins.

To give you a bit of perspective from the sell wall I can see at Vircurex the current FTC coin holders could entirely crash the FTC market over 250 TIMES. IE: sell out every single buy order 250 times in a row and still leave the value at zero.

If you want to do something with 46BTC, just hold BTC and wait. If you want to get into FTC, then mine it and join the ftc party. But don't for the love of god spend your 46BTC on it.
 

[Radacoin]

But don't for the love of god spend your 46BTC on it.

This is pretty much the same people told you 3 years ago: Don't pay $46 for 100.000 Bitcoin, they will be worthless within a year.

This is pretty much the same people told you 1/2 year ago: Don't pay 46BTC for 100.000 Litecoin, they will be worthless within a year.

Look where BTC is today. Look where LTC is today.

[thep33t]

But don't for the love of god spend your 46BTC on it.

This is pretty much the same people told you 3 years ago: Don't pay $46 for 100.000 Bitcoin, they will be worthless within a year.

This is pretty much the same people told you 1/2 year ago: Don't pay 46BTC for 100.000 Litecoin, they will be worthless within a year.

Look where BTC is today. Look where LTC is today.

Agreed. Then again, a broken clock is still right 2 times a day.

[justabitoftime]

But don't for the love of god spend your 46BTC on it.

This is pretty much the same people told you 3 years ago: Don't pay $46 for 100.000 Bitcoin, they will be worthless within a year.

This is pretty much the same people told you 1/2 year ago: Don't pay 46BTC for 100.000 Litecoin, they will be worthless within a year.

Look where BTC is today. Look where LTC is today.

True, but I'm LOVING my broken clock for btc, ltc and ftc right now.

Agreed. Then again, a broken clock is still right 2 times a day.

[kochmann799]

cryp, Bter has higher prices
when you make your first GA login
copy the secret key and put it in this gauth client https://marketplace.firefox.com/app/gauth-authenticator/ if you need a desktop one, the others give other ppls trouble
feel free to send me some here  6iocYYhzPpsiBWmjx943QEcPdj3KxnHANn if this helped you

[crazy_rabbit]

But don't for the love of god spend your 46BTC on it.

This is pretty much the same people told you 3 years ago: Don't pay $46 for 100.000 Bitcoin, they will be worthless within a year.

This is pretty much the same people told you 1/2 year ago: Don't pay 46BTC for 100.000 Litecoin, they will be worthless within a year.

Look where BTC is today. Look where LTC is today.

There were people like you for Tenebrix, IX, IO, SolidCoil, MicroCash the list goes on and on, but judging by your post count- you weren't here back then, so you probably dont remember that lots of people had the same response as you , but trying to sucker someone out of their money by holding the incredibly unlikely potential for great rewards infront of them.

I repeat my warning: DON'T SPEND 46 BTC on it! Spending 46 BTC 1 year ago on LTC isn't the same thing. Because of the price difference, spending 46BTC today on FTC is like spending 500BTC on LTC 1 year ago. It could have made you rich- yes, but you had no way of knowing that back them. It was gambling. Just like it's gambling now. Mine FTC if you want. Buy it if you are happy to lose it.