Intro and question
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I’m new to cryptocurrencies and after a few months of thinking about it and saving up money I decided to build myself a FTC mining rig. I decided to build a mining rig to give myself a new hobby as well as possibly make a little extra money eventually.
I was wondering how people go about selling their FTC? If I want to sell my FTC for Federal Reserve Notes can I do that on an exchange like BTC-E or would I have to find individuals that are willing to trade? When you sell your FTC, how much do you keep and how much do you sell?
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hi and welcome.
i cant speak about the federal reserve notes.
i do however never traid away more than 50% of my ftc.
you never know when it will skyrocket:) -
Welcome to feathercoin TheMopPetal2, you can exchange your FTC for goods, services, (see the market place or the goods/services section of the forum) or other coins (on an exchange, like btc-e, vircurex etc).
If you trade your feathercoin for bitcoin, a few exchanges will exchange this for US Dollar or Euro and other fiat currencies.Most people exchange what they need to pay the mining bills and invest the rest, for example recently feathercoin tripled in value and has held steady at roughly double its previous steady value, this earned a few people some nice money.
In the end of the day its all up to you, the more you read on the forum the more you’ll get a feel of what to do. Have Fun.
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I don’t think trading is quite satisfactory yet, as it is very early days / months of the Alternate currency take up. I’ve bought and sold a few on eBay, it cost in fees, any way you do it.
It is still early days and anything could happen, particularly that Feathercoin is well placed in network security to succeed and can still be mined by a newbie. Feathercoin is well covered by p2pool sites which are easy to attach to and help secure the network, your lower hash rate generates shares, and more regular payouts from the pool.
http://ftcp2p.nut2pool.com:19327
p2pool builds up shares in pooled internet wide payout, and is about 20% of the network. It is better to build up more credits by continuous mining. Although, you can switch between p2pool sites and your credits /shares are kept on all p2pools, so it doesn’t matter if one pool is down.
