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Author Topic: Which is better? Primecoin or Feathercoin?  (Read 1151 times)
Capitalism Prevails (OP)
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September 05, 2013, 02:15:12 AM
Last edit: September 05, 2013, 02:33:40 AM by Capitalism Prevails
 #1

Feathercoin - From what i understand, it's simply just a clone of Litecoin but 4X more coins.  Runs on scrypt.

Primecoin - From what i understand, it makes double use of the mining energy to find prime numbers which make it more secure somehow.  I was told it doesn't run on scrypt but something else instead. EDIT: It also doesn't have a coin limit(?).

I have LTC so why would i need FTC?  It seems to me Primecoin is the most differentiated coin so would holding Primecoin give me better diversification?

BTC:  1KX3MSyeHoubjvRMvkc4DXBXvEx9fr9cvV                              Strength In Numbers
LTC:  LaGawfU1ZJu33Lj6CX6NJ5WXWsfjPbLLLW                          In Cryptography We Trust
NMC:  N5EUwGbCNF1AYmZqNu9J7aYJVKxqbJoJG8          Cut Off One Node, Two More Will Take Its Place
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September 05, 2013, 02:21:12 AM
 #2

It seems to me Primecoin is the most differentiated coin.  

this is true, but is that better?

it depends what you want in a coin... for example feathercoin has a hard limit on the number of coins that will ever exist, while primecoin does not

if i had to take a guess, though, i'd guess that in the long run, primecoin will have a higher USD valuation than feathercoin (is that your definition of 'better'?)
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September 05, 2013, 02:28:07 AM
 #3

It seems to me Primecoin is the most differentiated coin.  

 i'd guess that in the long run, primecoin will have a higher USD valuation than feathercoin (is that your definition of 'better'?)


USD price value of a coin would be the aggregate vote of all the market participants so i think yes.  I forgot about XPM not having a coin limit.  Why in the hell would they do that?  Even if they set the inflation to 1% a year, a set limit of money supply that would IDEAL.  If it's possible to do get rid of artificial inflation, why not do it? One of the reasons BTC exists is because there's market demand for a currency which is immune to inflation.

BTC:  1KX3MSyeHoubjvRMvkc4DXBXvEx9fr9cvV                              Strength In Numbers
LTC:  LaGawfU1ZJu33Lj6CX6NJ5WXWsfjPbLLLW                          In Cryptography We Trust
NMC:  N5EUwGbCNF1AYmZqNu9J7aYJVKxqbJoJG8          Cut Off One Node, Two More Will Take Its Place
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September 05, 2013, 02:34:02 AM
 #4

It seems to me Primecoin is the most differentiated coin.  

 i'd guess that in the long run, primecoin will have a higher USD valuation than feathercoin (is that your definition of 'better'?)


USD price value of a coin would be the aggregate vote of all the market participants so i think yes.  I forgot about XPM not having a coin limit.  Why in the hell would they do that?  Even if they set the inflation to 1% a year, a set limit of money supply that would IDEAL.  If it's possible to do get rid of artificial inflation, why not do it? One of the reasons BTC exists is because there's market demand for a currency which is immune to inflation.

See: https://bitcointalk.org/index.php?topic=287368.0

 
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September 05, 2013, 02:41:44 AM
 #5

It seems to me Primecoin is the most differentiated coin.  

 i'd guess that in the long run, primecoin will have a higher USD valuation than feathercoin (is that your definition of 'better'?)


USD price value of a coin would be the aggregate vote of all the market participants so i think yes.

that's true for overall market cap, but not per coin

imagine a cryptocurrency almost identical to bitcoin, except there will only ever be 7 of them created.  these "stupidheadcoins" might be worth $1000 each giving the impression of a valuable currency, but they are clearly not a better currency than bitcoin overall

USD price per coin is only relevant in the context of how many coins there are / will ever be, and with primecoin there's no hard limit
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