When will FTC come back?
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[quote name=“Kirjokansi” post=“54050” timestamp=“1390423112”]
I invested a bit in NXT to help me with the boredom. I wish I could come up with something worth something for FTC, but so far I got nothing. I’m not a salesperson - I generally hate people that try push me things I didn’t ask, so there’s no way I’m going to start spamming people or take a part in such a thing.Meanwhile, chrisj, did you have a look at this: http://www.patreon.com/ ?
I think there’s something there. The idea just screams for a cryptocoin.
[/quote]NXT is pre mined… I bet the original investors can’t wait to dump that coin asap.
It’ll have to drop to almost nothing before rising again -
If you want FTC to go up in price [url=https://feathercoinmarket.com/search.php?q=madbitcoins&id=0&sub=]SPEND THEM[/url]!
:D
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[quote name=“RobP” post=“53508” timestamp=“1390176905”]
@ChrisJ: I totally agree with post #30. It is strange how few people want to spend their feathercoins to help build the coins value. There are a lot of coins out there that could be spent. I believe it can skyrocket in value like BTC eventually but it needs merchant adoption first. I am developing a site that will allow people to buy goods and services with FTC as well as LTC and BTC. At this point I haven’t had any hits on my previous attempts to accept FTC for transactions. I’ve sold lots of items for BTC on the other hand. I know the price is depressed at the moment compared to November, but someone has to spend in order to help show awareness for the market. I don’t want FTC to be another coin that is only used for arbitrage between exchanges. I would gladly spend my FTC hoard if there were merchants that had realistic prices and goods/services I can use.Rob
[/quote]Spending the coins isn’t the problem in regards to it’s volume. There were huge FTC whales on every exchange that trades it. Currently, on CoinMKT.com for USD however there are 30,000 coins up for sale at every cent from .26-.34. This type of behavior will relegate us to nothingness. If you want to know how BTC got to it’s levels just look at it’s history. (Hence, it wasn’t because people decided to spend BTC)…
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I think this orders are from Coinmkt itself, it should attract people to get USD into coinmkt.com - because why should anybody sell at 0.26usd if the actual price is 0.29usd? That makes no sense at all :) - Anyway, great opportunity for whales to buy in.
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[quote name=“chrisj” post=“53972” timestamp=“1390410456”]
[quote author=Undone link=topic=6922.msg53966#msg53966 date=1390408610]
[quote author=crazyinside link=topic=6922.msg53845#msg53845 date=1390363433]
looks like ftc is doomed, even the minning diff is dropping fast
[/quote]Sorry to single out this one post…but Feathercoin is not doomed at all.
So the trading value went down for a week or two? Not really a big deal. It will come back up, because this coin and its team are awesome. There is value in Feathercoin, and sooner or later it will be recognized in the trading price.
Until then, it’s time to keep building FTC up in every way we can.
[/quote]But why try and take control of events when it is much easier (and lazier) to lay back and be affected by them? Why look at the long term when we can just fixate on the short term and trade noise?
You’re making it sound like we are free and independent rather than slaves to the environment or something.
[/quote]Well, THAT’s a relief! For a second there, I was worried that I would actually have to think for myself. Thank you for relieving me of that burden… I’ll go back to being a sheeple now, selling when the price goes down and buying when the price goes up, ignoring fundamentals and long term trends, and allowing the manipulated market to make my decisions for me… since that’s obviously what everyone else is doing.
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[quote name=“travwill” post=“53964” timestamp=“1390408337”]
[quote author=MrWyrm link=topic=6922.msg53962#msg53962 date=1390408027]
Excuse my ignorance, but what exactly is the buy wall?
[/quote]In short a buy order was setup on BTCE for 400BTC worth of FTC. It has pulled the price down to that level as it outpaced all higher sell orders.
It is now just 85ish so it may be gone today allowing more fluid trading possibly. Big volume for FTC can occur, price can freely move up again, possibly faster.
[/quote]I keep seeing you pop up on BTC-e… You waiting too? lol.
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[quote name=“pritech” post=“54134” timestamp=“1390442088”]
[quote author=travwill link=topic=6922.msg53964#msg53964 date=1390408337]
[quote author=MrWyrm link=topic=6922.msg53962#msg53962 date=1390408027]
Excuse my ignorance, but what exactly is the buy wall?
[/quote]In short a buy order was setup on BTCE for 400BTC worth of FTC. It has pulled the price down to that level as it outpaced all higher sell orders.
It is now just 85ish so it may be gone today allowing more fluid trading possibly. Big volume for FTC can occur, price can freely move up again, possibly faster.
[/quote]I keep seeing you pop up on BTC-e… You waiting too? lol.
[/quote]Ha, yeah keeping an eye on it - have quite a bit over at BTCE right now completed in orders and few pending based on prices. Interesting to see how the orders are going through - doesn’t seem quite realistic sometimes.
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[quote name=“chrisj” post=“54117” timestamp=“1390435777”]
If you want FTC to go up in price [url=https://feathercoinmarket.com/search.php?q=madbitcoins&id=0&sub=]SPEND THEM[/url]!:D
[/quote]
Yes buy my [url=https://feathercoinmarket.com/item.php?id=2279]van[/url] we will make the news -
Honestly… FTC may well fall back to 0.0002 before any chance of a recovery.
The buy to sell ratio for the past 100 trade at BTCe is hovering at 1:21, with the depth ratio at 1:11…
It may change though, when it gets too cheap for people to resist :-[ Probably 0.0003[img]http://imagizer.imageshack.us/v2/800x600q90/19/xkbz.png[/img]
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down to .00034…
nxt sucks. throw it in the bin with mastercoin ripple & protoshares. etherium? we’ll see
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[quote name=“efarah1992” post=“54153” timestamp=“1390449273”]
[quote author=chrisj link=topic=6922.msg54117#msg54117 date=1390435777]
If you want FTC to go up in price [url=https://feathercoinmarket.com/search.php?q=madbitcoins&id=0&sub=]SPEND THEM[/url]!:D
[/quote]
Yes buy my [url=https://feathercoinmarket.com/item.php?id=2279]van[/url] we will make the news
[/quote]The images are the wrong way around? If you fix it I will tweet that out.
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[quote name=“podizzle” post=“54320” timestamp=“1390486331”]
down to .00034…nxt sucks. throw it in the bin with mastercoin ripple & protoshares. etherium? we’ll see
[/quote]yeah, dropping and dropping, 10% more in 24 hours so far. Hard to use/spend the coins when the are worse less again so suddenly - they don’t convert well. :-( I usually convert to BTC and actually do spend but it just isn’t attractive to right now. As for the Marketplace on here - there really isn’t anything I see that appeals, and I of course don’t live next to a pub that accepts there in UK ;-)
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[quote name=“ChekaZ” post=“54132” timestamp=“1390440961”]
I think this orders are from Coinmkt itself, it should attract people to get USD into coinmkt.com - because why should anybody sell at 0.26usd if the actual price is 0.29usd? That makes no sense at all :) - Anyway, great opportunity for whales to buy in.
[/quote]Could be, who knows. 30M FTC out there, how much of that is freely trading and where is the determinant of where we should be.
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[quote name=“Kirjokansi” post=“54166” timestamp=“1390457391”]
[quote author=eaxvac link=topic=6922.msg54114#msg54114 date=1390435129]
[quote author=Kirjokansi link=topic=6922.msg54050#msg54050 date=1390423112]
I invested a bit in NXT to help me with the boredom. I wish I could come up with something worth something for FTC, but so far I got nothing. I’m not a salesperson - I generally hate people that try push me things I didn’t ask, so there’s no way I’m going to start spamming people or take a part in such a thing.Meanwhile, chrisj, did you have a look at this: http://www.patreon.com/ ?
I think there’s something there. The idea just screams for a cryptocoin.
[/quote]NXT is pre mined… I bet the original investors can’t wait to dump that coin asap.
It’ll have to drop to almost nothing before rising again
[/quote]What? I already doubled investment. I don’t think “premined” is the correct term for the NXT, since it’s completely different from bitcoin & alts. At least it’s obvious.
[/quote]Your correct, premined is the wrong term.
Instamined is the correct term. 1 billion coins, 100% of which were generated by the founders in the genesis block, all of which are under their control.
It’s beyond crap. It’s a scam.
