Tell you a sad news: LTC whole network operator 90G force a breakthrough!
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LTC whole network operator force a successful breakthrough 80G, 90G positive strides toward forward, and this figure is still less than 10 days prior to 45G! Most of the site is given the difficulty of the next increase in more than 11%, and the predictive value also expected to rise over the next eight hours before the adjustment more difficult!
Note,GC3355 chip do not sell![attachment deleted by admin]
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What does this mean?!
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I think he meant, hash power on LTC is rising rapidly as more miners are switching due to good price on LTC. This is pushing difficult up quite a lot.
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[quote name=“Drjones” post=“44649” timestamp=“1387122956”]
I think he meant, hash power on LTC is rising rapidly as more miners are switching due to good price on LTC. This is pushing difficult up quite a lot.
[/quote]So is this just bad for the LTC miners or does it affect FTC as well somehow?
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No just means its harder to get LTC if your mining it. So instead of me getting 1LTC a day last week i now get 0.6LTC or so.
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Good analysis, Feathercoin has been about 10% Litecoin hash, so far.
Other factors are starting to affect the adoption and mining levels, so it is still unpredictable what will happen.
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With FTC being the next best choice after LTC for mining profit, should have a good effect. With more miners switching from LTC to FTC as your getting more per day. If price increases continue you would be potentially a lot better off than mining a few LTC with a price rise. Unless LTC does go crazy! I have been switching between FTC and LTC quite a lot over the months, but now solid feathercoin.
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The problem is the market seems flooded with FTC. In order for the FTC price to increase, there needs to be more buyers or less coins available.
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The facebook campaign should bring in a tonne of new buyers! Link is in ny signature :)
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Definitely to many feathercoins. Watched some guy buy 68,000 the other day. Hard for the coins to be worth anything
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[quote name=“unkunku” post=“44736” timestamp=“1387139765”]
[quote author=FTClover link=topic=6025.msg44726#msg44726 date=1387137760]
The facebook campaign should bring in a tonne of new buyers! Link is in ny signature :)
[/quote]Stop that Facebook campaign immediately! FTC price was below 0.1 dollar ( down to as low as 0,06 dollars some periods of time ) just a month ago, now it’s 0.4 dollars, nothing fundamental has really changed in this market since then, the new buyers are effectively buying FTC’s at a 300% premium, and prices will fall, be so sure.
You are actively cheating people into a scam right now, and this will not be good for Feathercoin’s reputation when prices start to fall. Facebook campaigns should only be initiated when sanctioned by the community leaders of feathercoin.
You guys seem less concerned about the prospect of other people losing their hard-earned money so that you can make some quick bucks in a disgusting marketing pump & dump by hijacking the feathercoin brand. Just utterly disgusting.
[/quote]How do you know that the price is going to collapse ??
I do not see anything wrong with somebody raising awareness of the currency, no matter what the current price is !
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[quote name=“unkunku” post=“44736” timestamp=“1387139765”]
[quote author=FTClover link=topic=6025.msg44726#msg44726 date=1387137760]
The facebook campaign should bring in a tonne of new buyers! Link is in ny signature :)
[/quote]Stop that Facebook campaign immediately! FTC price was below 0.1 dollar ( down to as low as 0,06 dollars some periods of time ) just a month ago, now it’s 0.4 dollars, nothing fundamental has really changed in this market since then, the new buyers are effectively buying FTC’s at a 300% premium, and prices will fall, be so sure.
You are actively cheating people into a scam right now, and this will not be good for Feathercoin’s reputation when prices start to fall. Facebook campaigns should only be initiated when sanctioned by the community leaders of feathercoin.
You guys seem less concerned about the prospect of other people losing their hard-earned money so that you can make some quick bucks in a disgusting marketing pump & dump by hijacking the feathercoin brand. Just utterly disgusting.
[/quote]
I think its more about raising awareness, adoption is everything, that is not going to happen if people dont know about it. I am in. ;) -
Actually several members of staff have commented on the thread to say it is a great idea, it’s not only going to attract buyers but also miners and merchants. Also there is always a risk of an investment losing it’s value, we are not promising that the value will increase, only raising awareness and spreading the word about feathercoin. I don’t see any problem with it at all…
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[quote name=“FTClover” post=“44775” timestamp=“1387145492”]
Actually several members of staff have commented on the thread to say it is a great idea, it’s not only going to attract buyers but also miners and merchants. Also there is always a risk of an investment losing it’s value, we are not promising that the value will increase, only raising awareness and spreading the word about feathercoin. I don’t see any problem with it at all…
[/quote]why not maybe start a poll if everyone is not happy about the idea? -
[quote name=“unkunku” post=“44782” timestamp=“1387146084”]
I would like to further point out that I’m all in favor of these marketing actions, but not right now in the current market-climate. There’s real carnage going on and if the market turns south after you’ve made your campaign to buy/adopt feathercoin that is [b]REALLY[/b] bad PR for community. All after some have cashed out on the newcomers money which will bring [b]EVEN[/b] worse PR for those members who advocated this action.I do not wish to be provocative or hurtful, but I as per automatic doubt the intentions of someone with very few posts in his/hers longevity in the interests of the feathercoin’s community over his/her’s own interests.
[/quote] But surley getting people to the FTC forum is a good thing no matter what the market climate, because at least people can become educated on what FTC is about and then make an informed choice on weather to get invoved or not, its no good hiding.
As for the intentions of someone that has few posts, it says to me they want the coin that they have chosen to succeed, I think you should give them the benefit of the doubt.
It’s not like pushing people to buy FTC its just getting people to the site, it could mean more miners ie stronger network. -
Ok poll started, if more people say yay than those who say nay then the campaign will be going ahead. [url=http://forum.feathercoin.com/index.php/topic,6051.0.html]http://forum.feathercoin.com/index.php/topic,6051.0.html[/url]
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I see no problem at all with marketing for FTC. The more people know about all digital alternative currencies, the better. I have not started mining yet (still waiting on ordered parts) but the whole reason I am here is because I first heard about BTC a year ago, and then over the last 6 months, there has been more and more press saturation . I had zero information or knowledge about digital currencies prior to the BTC ongoing news. Then after doing a little digging, discovered the exchanges and find out about LTC. And after a little more research finally found FTC. I am looking at this for the long haul- both mining and investing… and not for a quick financial gain. I see no reason digital currencies will not continue to be adopted as we move into the future- it makes too much sense not to succeed. There is no way of predicting which currencies will ultimately survive, but I feel confident that this concept is here to stay. And I do feel strongly about the “trickle down” current relationship between BTC/LTC/FTC and other currencies. (as overall transactions, mining difficulties, and coin values go up) For example, there has been more news lately that BTC is projected for increased acceptance by Wall St. investors. Even though that is specific to BTC, I think that can only be a good thing for all currencies in the long run. I think more people will continue to want to get involved at some level, and hopefully as adoption increases over time- more merchants will realize the benefits. So yes- any marketing can only help! :)
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[quote name=“unkunku” post=“44771” timestamp=“1387145131”]
[quote author=new2crypto link=topic=6025.msg44759#msg44759 date=1387142640]
[quote author=unkunku link=topic=6025.msg44736#msg44736 date=1387139765]
[quote author=FTClover link=topic=6025.msg44726#msg44726 date=1387137760]
The facebook campaign should bring in a tonne of new buyers! Link is in ny signature :)
[/quote]Stop that Facebook campaign immediately! FTC price was below 0.1 dollar ( down to as low as 0,06 dollars some periods of time ) just a month ago, now it’s 0.4 dollars, nothing fundamental has really changed in this market since then, the new buyers are effectively buying FTC’s at a 300% premium, and prices will fall, be so sure.
You are actively cheating people into a scam right now, and this will not be good for Feathercoin’s reputation when prices start to fall. Facebook campaigns should only be initiated when sanctioned by the community leaders of feathercoin.
You guys seem less concerned about the prospect of other people losing their hard-earned money so that you can make some quick bucks in a disgusting marketing pump & dump by hijacking the feathercoin brand. Just utterly disgusting.
[/quote]How do you know that the price is going to collapse ??
I do not see anything wrong with somebody raising awareness of the currency, no matter what the current price is !
[/quote]I do not know that the prices are going to collapse, however there are major signs that we’re entering bear territory. And besides, what times have you seen a currency or asset which’ve increased with 300-400% in value to just stay up there ( note we’re not talking about stocks, commodities and currencies go in cycles ), what comes up fast, goes down, maybe not to the same levels but it will go down.
This Facebook campaign should be sanctioned by the feathercoin communities’ leaders before launch if it’s gonna be under the banner of feathercoin community.
Clearly people will be angry if they buy into a coin which loads of people who bought earlier pumped with marketing only to see the value fall with over XX%, you would never try and pump anything to your neighbors in this way as you would have a mob outside your house if things turned sour.
You can do this when the prices have been stable for weeks, however it’s highly unethical to do it at the top of a potential bursting alt-coin-market bubble where the only real intention is to pump feathercoin up and rip-off people’s hard-earned money. Remember that much data is skewed by purpose to make it harder to gather historical data, the newcomers will believe the current FTC price is “normal”.
[/quote]I would also suggest that those ‘neighbours’ of yours that you put off crypto currency with your negativity might be a bit miffed when in 1-2 years time those 30p coins are now trading at $5-10 !
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[quote name=“Miner Phil” post=“44863” timestamp=“1387168060”]
I see no problem at all with marketing for FTC.
[/quote]As long as we have the site and forum ready in time, I agree. We just need to make sure we can handle the load.
+1 rep for using a real avatar with a solid profile, having the right attitude and also having a well written opinion.
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Probably will FTC take a nose dive down, because there are no buyers a current levels. Campaigns are good, but get people and merchants involved by buying and selling. Investors are not needed as there are to many of them.
As for buying.
If you belive FTC are going to 5-10 or 100 USD, then it really don`t matter. Just buy. But risky investment.
