[QQQ] FTC volume

[jubalix]

Can someone explain why the volume of FTC (on BTC-e) is always so high.

You don't hear much about FTC these days, so who is buying and selling all of this volume all the time?

[Boxman90]

Because it's volatile, and there's money to be made.

[jdebunt]

Because it's volatile, and there's money to be made.

couldn't say it any better than that

[Magic8Ball]

The lack of decimals in Btc-e is also responsible.

[BTCPOOLMINING]

FTC has its own forum and have enough time to gather  its own supporters. If someone has big stake on it, its there best interest to raise its value.

[jubalix]

The lack of decimals in Btc-e is also responsible.

what do you mean?

[Lauda]

The lack of decimals in Btc-e is also responsible.

what do you mean?

Because the price isn't 0.00131xxxxxx.. a ton of numbers.

[Loki8]

FTC is just a crap coin made by a guy who didn't even know how to create a new genesis block... Everything is copied from Litecoin client. Its value is high only because they are on Btc-e, that's all, it's the same thing with other crap coins like TRC and CNC...

Btc-e  is unfortunately the most popular exchange. People on this website manipulate prices as they like. I hope other exchanges and "fair" exchanges, no scams, no cheating, will become more popular than them in future.

[FiiNALiZE]

FTC is just a crap coin made by a guy who didn't even know how to create a new genesis block... Everything is copied from Litecoin client. Its value is high only because they are on Btc-e, that's all, it's the same thing with other crap coins like TRC and CNC...

Btc-e  is unfortunately the most popular exchange. People on this website manipulate prices as they like. I hope other exchanges and "fair" exchanges, no scams, no cheating, will become more popular than them in future.

If people have enough money, they can manipulate any coin regardless of the exchange.

How will a "fair" exchange prevent price manipulation?

[guugll]

i see FTC as bronze after LTC as silver and BTC as gold.
definitelly buying and mining FTC.
I also believe that the value of FTC will be higher then LTC and BTC in future - but i can be wrong i this one - Please do not shoot at me if you do not like it.

[Loki8]

FTC is just a crap coin made by a guy who didn't even know how to create a new genesis block... Everything is copied from Litecoin client. Its value is high only because they are on Btc-e, that's all, it's the same thing with other crap coins like TRC and CNC...

Btc-e  is unfortunately the most popular exchange. People on this website manipulate prices as they like. I hope other exchanges and "fair" exchanges, no scams, no cheating, will become more popular than them in future.

If people have enough money, they can manipulate any coin regardless of the exchange.

How will a "fair" exchange prevent price manipulation?

With much more concurrence, manipulation will become harder. Monopolies are not good for free markets!

[Loki8]

i see FTC as bronze after LTC as silver and BTC as gold.
definitelly buying and mining FTC.
I also believe that the value of FTC will be higher then LTC and BTC in future - but i can be wrong i this one - Please do not shoot at me if you do not like it.

Are you joking?
Do you realize your coin is just a crap clone coin, and probably the worst?


Let's joke:

Litecoin:

Code:

const char* pszTimestamp = "NY Times 05/Oct/2011 Steve Jobs, Apple’s Visionary, Dies at 56";
block.nTime    = 1317972665;
uint256 hashGenesisBlock("0x12a765e31ffd4059bada1e25190f6e98c99d9714d334efa41a195a7e7e04bfe2");
hashMerkleRoot == uint256("0x97ddfbbae6be97fd6cdf3e7ca13232a3afff2353e29badfab7f73011edd4ced9")

Feathercoin:

Code:

const char* pszTimestamp = "NY Times 05/Oct/2011 Steve Jobs, Apple’s Visionary, Dies at 56";
block.nTime    = 1317972665;
uint256 hashGenesisBlock("0x12a765e31ffd4059bada1e25190f6e98c99d9714d334efa41a195a7e7e04bfe2");
hashMerkleRoot == uint256("0x97ddfbbae6be97fd6cdf3e7ca13232a3afff2353e29badfab7f73011edd4ced9")

Other crap coins here didn't even copy paste this thing...

[FiiNALiZE]

FTC is just a crap coin made by a guy who didn't even know how to create a new genesis block... Everything is copied from Litecoin client. Its value is high only because they are on Btc-e, that's all, it's the same thing with other crap coins like TRC and CNC...

Btc-e  is unfortunately the most popular exchange. People on this website manipulate prices as they like. I hope other exchanges and "fair" exchanges, no scams, no cheating, will become more popular than them in future.

If people have enough money, they can manipulate any coin regardless of the exchange.

How will a "fair" exchange prevent price manipulation?

With much more concurrence, manipulation will become harder. Monopolies are not good for free markets!

I think you missed out on the fact that there are about 8 exchanges out right now.

[Loki8]

FTC is just a crap coin made by a guy who didn't even know how to create a new genesis block... Everything is copied from Litecoin client. Its value is high only because they are on Btc-e, that's all, it's the same thing with other crap coins like TRC and CNC...

Btc-e  is unfortunately the most popular exchange. People on this website manipulate prices as they like. I hope other exchanges and "fair" exchanges, no scams, no cheating, will become more popular than them in future.

If people have enough money, they can manipulate any coin regardless of the exchange.

How will a "fair" exchange prevent price manipulation?

With much more concurrence, manipulation will become harder. Monopolies are not good for free markets!

I think you missed out on the fact that there are about 8 exchanges out right now.

But those websites fail to provide a real competition, they don't offer the same services (Sepa, Okpay, Perfect money, supported currencies USD EUR, RUR...).

[Lauda]

i see FTC as bronze after LTC as silver and BTC as gold.
definitelly buying and mining FTC.
I also believe that the value of FTC will be higher then LTC and BTC in future - but i can be wrong i this one - Please do not shoot at me if you do not like it.

Are you insane? It's just a copycat coin. There are many out there that are much much better than FTC.