Q&A with Bushstar
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Here’s a Q&A with Bushstar that some people might find useful. I hope he doesn’t mind me posting it here but I’m sure he will remove it if he does. (by the way this was a soon after Feathercoin was released on BTC-E
DeadZebra -> Bushstar
Q: What type of team do you guys have there at feathercoin?Bushstar -> DeadZebra
A: There are two web developers and a designer. We have someone that is going to take care of running various servers that run the expanding official site. There is someone who works at a marketing company who is organising contractors to work through all current BitCoin accepting services and vendors. We are organising a press pack. We are promoting Feathercoin to give it more value to the users outside of the exchanges. BushDeadZebra -> Bushstar
Q: Thanks man. Why do you think feathercoin is dropping so hard? do you think it will go back up? I traded everything for feathercoin because I love the fact that it has some backing :)Bushstar -> DeadZebra
A: The key is not to join in the panic selling. Value will return to the coins. The remaining people that would holding large amounts of coins are now cashing out in a panic. They can only do this once and as they do it they redistribute all their coins into smaller wallets. This has had to happen in the past to other coins and makes less coins readably available so the market goes up. BushI hope you guys find this useful