I'm buying Cheap FTC today!
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Looking for FTC for 0.00005 BTC each, anyone? :)
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Yep, low btc and ftc prices = buy buy buy
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Just bough £50’s worth while its low. Its not going to last much longer…
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Bought over 50K this 2 days :D , before the neo phase and i will see what happens.
If im really conf. with FTC i will buy another 150k or something or when it drops lower.
Btw ppl willing to sell for 0.00005 instead of btc-e whisper me ;).
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Just bough £50’s worth while its low. Its not going to last much longer…
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Bought over 50K this 2 days :D , before the neo phase and i will see what happens.
If im really conf. with FTC i will buy another 150k or something or when it drops lower.
Btw ppl willing to sell for 0.00005 instead of btc-e whisper me ;).
Right-on!
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I have already have 61K FTC and am planning to buy another 20K if price stay low & FTC has the promise to develop further.
I would like to share my thoughts on FTC’s with the community.
FTC is in 25th position among all coins and 16th among mine-able coins. Its current market cap is $1.77M and daily trade volume $6.5K (47th) according to http://coinmarketcap.com/currencies/volume/24-hour/#feathercoin
In top 25 coins, Zetacoin is just a copy of BTC with faster speed, some major innovative coins not preferred as everyday currency (PTS, BitshareX, MaidSafeCoin, Counterparty, MasterCoin etc.) and PoS coins (NextCoin, BlackCoin) are ruling the market. Some coins are lived by Top developers (NextCoin) and Marketing campaign (BlackCoin) to attract investors but less on community effort.
Darkcoin is a real contender with privacy as it core-value.
New coins making to top 25 are dying out. They are not making hype as do before.
So, I think existing top coins will make it further with healthy competition.
FTC with Neo-scrypt will fight for GPUs. Currently GPU/CPU-mined coins is way less than profitable than ASIC based SHA-256 and Scrypt coins.
But GPU miners were the pioneer and backbone of Bitcoin revolution, still key to decentralization worldwide. So, if FTC can attract existing, depressed GPU miners, then it can create a momentum to go up in the top 25.
Also, FTC is one of the earliest coins in the Cryptocurrency world, it has a dedicated community and developers. It is very hard to get a big community unless a big Investment/effort/innovation and campaign (eg. ReddCoin, NextCoin, DOGEcoin, DarkCoin). So, how to use this community power to get FTC forward?
Another concern is FTC’s daily trade volume which is very low. BTC-e being the largest exchange and huge price difference (0.00005 to 0.00006), there is hardly a profit or, incentive for day traders. How to solve this issue?
Now, how to make FTC one of the best innovative coin. If we look at NextCoin, it is hyping as purely PoS coin (there is a controversy that PoS makes rich richer, but it is fast and less power consuming, on the other hand PoW gives coins intrinsic valueby burning electricity and miner’s effort), Asset exchange, BitShareX/PTS hypes stock in a Decentralized Autonomous company (DAC). NameCoin hypes extra feature (Domain) other than being a currency.
FTC can add new features other than just a currency like stock in a DAC that will develop innovative decentralized product (eg. KeyHotee by Bitshare), asset transfers etc.
May be anonymous support can be a big deal (DRKcoin, Cryptonote).
At the end, if FTC as to thrive being just a top currency it has to fight against big brother BTC, LTC, PPC at the end of the day. If we don’t develop or, evolve quickly, FTC will be always in the hand of speculators who will pump and dump.
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ftc will always implement the best of any crypto tech, provided it’s tried, tested and true.
This is why we’re still around. ftc grows and adapts and once we’re through this hardfork, the team will start focusing on some new frontiers.
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Watch this community grow in orders of magnitude over the next two months. We held on to the scrypt asics driving the community away now its time to fight back. Our core of supporters and developers wont let this coin die, we will keep innovating and influencing the crypto market for years to come. We will be in the top 10 again soon ;)
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Here are some few observations to increase FTC’s market value-
1. Most top 25 coins brought some kind of innovations to Bitcoin, LTC- faster and ASIC resistant algorithm, PPC- proof of stake at top of PoW, NMC- decentralized domain service, DarkCoin- DarkSend to encrypt a transaction, DOGEcoin involved a large community, PTS- share in a DAC, QRK- New algorithm and economy of distribution, ReddCoin- social coin and PoSV, Next- pure PoS coin, MasterCoin/CounterParty- smart asset exchange, XPM- prime number mining algorithm etc.
FTC is bringing NeoScrypt that will be ASIC resistant and GPU mine-able. Butif FTC can bring another new innovation to the Crypto-currency, it can be a big hit provided that it has a good community back-up and earlier to the market advantage.**Lizhi’s PoS 2.0 **proposal is a good idea. But some other good ideas can be brainstormed.
2. More well-defined and market oriented webpage. http://www.cloakcoin.com/, http://viacoin.org/ and http://nxt.org/ are good examples. The host page is the biggest advertisement to investors and new-comers. Also, lots of projects are going for FTC, but new-comers have to search through FTC forum to know about them or, know about state of coin’s development- that’s not convenient. Another tab to FeatherCoin front page “Projects” “Developments” etc. may be inspiring (eg. http://www.vericoin.info/incubator.html). Also, more social activities are required in reddit, twitter, FB to increase new members. Once new comers are joined, they become convert and then they become supporter. FTC is very much alive due to early supporters, but may be loosing new members due to lacking social activities (eg. ReddCoin). Some dedicated members may relive Reddit, Twitter other fronts.
3. New exchanges- BTC-e was used to be a great exchange in earlier days. Now it is mostly LTC/BTC/PPC/NMC based exchange. FTC volumes over there is declining. Also, price difference (20%) between buy and sell orders are ridiculous, they can’t implement another digit! Most of the new coins are traded heavily in MintPal, Bittrex, Poloniex, BTC38 etc (http://coinmarketcap.com/currencies/darkcoin/#markets). FTC are not included in most of them. NXT- used to have Google spread-sheet of exchanges, assigned with people to lobby to the exchanges. Now NXT is included in more exchanges than FTC!
4.News letters should be more frequent. Days are years in Crypto-world. Investors and followers need quick information about how their coins are doing. Not all members are supposed to be forum members!
Finally, FTC is one of the earliest coins and has a great, dedicated community and developers, but it lacks some marketing edge and innovation? to its competitors. But if FTC can be sought out these areas, it can be a great coin again among the top 10 and may be get further.
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You made few good points, regarding POS, if so it will be POW + POS not POS only.
Regarding Newsletters I am working on #35 now, feel free to help me…
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You made few good points, regarding POS, if so it will be POW + POS not POS only.
Regarding Newsletters I am working on #35 now, feel free to help me…
Sure, let me know how to help
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Are we buying or are we dying is the question? :-
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Situation is still the same IMO:
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I’ll be buying more, just waiting for Cryptsy to catch up with BTCE
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go to Cryptsy , I think it is cheaper
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go to Cryptsy , I think it is cheaper
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For me I am buying more I sold the remainder of the Litecoins I had recently and turned it into Feathercoins.
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It was nice to see the price go up recently. 8)
