FeatherCoin - Maker of riches, or doomed - Poll -

[AquaMan]

- ? -

[TheFuneral]

irrational much?

[ranlo]

The goal, as far as I understand it, isn't to out-do LTC at all, but rather work alongside it. It's stated as being "worth" (theoretically) 1/4 of LTC. But it isn't trying to destroy LTC.

[AquaMan]

Im not taking a side on this, just getting everyones opinion

[ranlo]

Im not taking a side on this, just getting everyones opinion

Then mine is that it will sit below LTC as much as LTC does to BTC. Ex. each one is about 3-4% of the one above it right now. I think as LTC gains on BTC, FTC will gain on LTC.

[RandyMagnum]

To put it kindly, there is a lack of genuine incentive to go with FTC over LTC beyond a quick buck on the exchange.  This is true for most alt..alts.  Personally, I don't understand the reasoning behind the platoon of advocates out there, but I respect that everyone's opinion is valid on these matters.

[ranlo]

To put it kindly, there is a lack of genuine incentive to go with FTC over LTC beyond a quick buck on the exchange.  This is true for most alt..alts.  Personally, I don't understand the reasoning behind the platoon of advocates out there, but I respect that everyone's opinion is valid on these matters.

A lot of coins don't have community and developer support. FTC is pushing hard, both with press releases and creating tools to help businesses utilize their coins effectively. There is a huge difference between being proactive and passive.

[RandyMagnum]

To put it kindly, there is a lack of genuine incentive to go with FTC over LTC beyond a quick buck on the exchange.  This is true for most alt..alts.  Personally, I don't understand the reasoning behind the platoon of advocates out there, but I respect that everyone's opinion is valid on these matters.

A lot of coins don't have community and developer support. FTC is pushing hard, both with press releases and creating tools to help businesses utilize their coins effectively. There is a huge difference between being proactive and passive.

I agree with this.  The difference among the bulk of these alt alts is developer and community support.  With that regard, FTC does have something relatively unique there.  DGC and even WDC (to some extent) have this, as well, though perhaps not as audible.

IMO, concerning the battle of alt-alts, FTC and DGC are vying for LTC's position, not third place.  I cynically view the majority of crypto adopters as seeking a means to wealth, not a genuine departure from fiat like the true-believers. FTC and DGC communities will have to express themselves intensely to be real contenders to LTC.

Netcoin...now that could be an actual "disruptor" based on multiple merits and other fronts if what's being discussed in its thread and forum ends up being part of the realized development.

[Radacoin]

To put it kindly, there is a lack of genuine incentive to go with FTC over LTC ...

The US Dollar and the Chilean Peso are both ink on paper. So one might say the US Dollar lacks some "genuine incentive". Yet the US Dollar is "worth" so much more than the Peso.

Reason is the US Dollar is backed by a strong community (and aircraft carriers and ground forces ).

True, Feathercoin has (technically!) a lot in common with Litecoin. Like the US Dollar has the ink and paper in common with most other currencies.
Difference is: Feathercoin has a very strong community that is determined to make this coin a success story. I don't see this in the Litecoin community.

[ranlo]

To put it kindly, there is a lack of genuine incentive to go with FTC over LTC ...

The US Dollar and the Chilean Peso are both ink on paper. So one might say the US Dollar lacks some "genuine incentive". Yet the US Dollar is "worth" so much more than the Peso.

Reason is the US Dollar is backed by a strong community (and aircraft carriers and ground forces ).

True, Feathercoin has (technically!) a lot in common with Litecoin. Like the US Dollar has the ink and paper in common with most other currencies.
Difference is: Feathercoin has a very strong community that is determined to make this coin a success story. I don't see this in the Litecoin community.

Definitely true, although Litecoin is seen as the "go-to" altcoin still.

[erk]

That poll is extremely premature. Ask the question in a few months time when we see if LTC ever ends up on Gox or falls off the radar. Also the FTC->fiat exchanges are not set up yet.

Then you have the issue that there will be 4 x as many FTC coins than LTC diluting the value per coin.

[ice098]

i would expect it to be 1/4 of the value seeig as there is 4x amount of coin

[Radacoin]

i would expect it to be 1/4 of the value seeig as there is 4x amount of coin

Unfortunately simple math like that does not work.

There are 11 million Bitcoins and 10? (20?) trillion US dollars. Therefore one Bitcoin should be worth 1 million US dollars.

Simple answer is: The market will decide the value of Feathercoin.

All you can do is do your research and choose a coin that you think will make it in the future. imho Feathercoin is on a very good way ...

[ranlo]

i would expect it to be 1/4 of the value seeig as there is 4x amount of coin

Unfortunately simple math like that does not work.

There are 11 million Bitcoins and 10? (20?) trillion US dollars. Therefore one Bitcoin should be worth 1 million US dollars.

Simple answer is: The market will decide the value of Feathercoin.

All you can do is do your research and choose a coin that you think will make it in the future. imho Feathercoin is on a very good way ...

This is true... I guess with that taken into perspective, it's also possible that FTC *will* overvalue LTC at some point.

[mullick]

OMG how did the yes votes get that high. Seriously people!

[erk]

OMG how did the yes votes get that high. Seriously people!

Think about it for a minute, no other alt coin has been attacked by hackers like FTC has. That means there is some group that perceives FTC as a real threat, and people can sense that.

[ranlo]

OMG how did the yes votes get that high. Seriously people!

Think about it for a minute, no other alt coin has been attacked by hackers like FTC has. That means there is some group that perceives FTC as a real threat, and people can sense that.

I'm a backer of FTC but... that's not necessarily true. Someone could have just been bored, :p.

[erk]

OMG how did the yes votes get that high. Seriously people!

Think about it for a minute, no other alt coin has been attacked by hackers like FTC has. That means there is some group that perceives FTC as a real threat, and people can sense that.

I'm a backer of FTC but... that's not necessarily true. Someone could have just been bored, :p.

Nope. The FTC forums were DDoS after that, feathercoin.org points to the YAC site, there is one thing after another that shows FTC has been singled out above and beyond all other alt coins for attention.

[ranlo]

OMG how did the yes votes get that high. Seriously people!

Think about it for a minute, no other alt coin has been attacked by hackers like FTC has. That means there is some group that perceives FTC as a real threat, and people can sense that.

I'm a backer of FTC but... that's not necessarily true. Someone could have just been bored, :p.

Nope. The FTC forums were DDoS after that, feathercoin.org points to the YAC site, there is one thing after another that shows FTC has been singled out above and beyond all other alt coins for attention.

Oh, I had no idea about the domain redirection. In that case I agree -- someone wants to take it down.

[Radacoin]

OMG how did the yes votes get that high. Seriously people!

Think about it for a minute, no other alt coin has been attacked by hackers like FTC has. That means there is some group that perceives FTC as a real threat, and people can sense that.

I'm a backer of FTC but... that's not necessarily true. Someone could have just been bored, :p.

I don't think so. You don't direct the hashing power of approx. 700 GPUs(7970s) to kill a coin because you are bored.