Hi, thinking of investing and getting involved
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I heard the interview that sounded really positive with active development and adoption. Also the price seems to be at a good deal right now. However, I’ve seen things about a 51% attack happening multiple times and just want to know what the chances that I buy invalid coins or they get stolen is. If I know the risk I know how much I can think of investing.
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Hey Marktho,
Welcome and thanks for dropping by. BTCe operates with 100 confirmations on all payments in bound in order to prevent a would be fraud from making their exit.
Also make sure that you have the latest software running:
http://forum.feathercoin.com/index.php?topic=1525.msg12292#msg12292Alts like FTC are on the fringe so it should be considered a risky asset and you should only put in risk capital. But on the other hand the risk is the opportunity here and one of the ways we are different to the other alts is that we are in this for the long haul. So as an investor you can be reasurred by the fact we have a lot of inactive strong hand investors who don’t buy and sell on the latest rumours, the coin is honestly priced and doesn’t rely on speculation to keep it propped up.
The best way to invest though is with your time by joining one of the teams and getting involved. The price is not the cause it is the result of beliefs in the market place. Beliefs can be manipulated therefore so can the price. You have to invent the future you want to see and this community is the only one out there that isn’t riddled with trolls and insiders who want to keep the newcomers out. It’s a welcoming inclusive space.
Feel free to hang out and ask any questions.