Feathercoin price
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Thanks Remonius for your post. I think it describes well the mixed feelings, confusion and fear (for example being delisted from BTC-e) looking at the price of Feathercoin at the moment (even below 0,0004) and all the sell walls.
But maybe the current price has to do with all the negative news and bank warnings lately regarding cryptocurrency in general and the uncertainty it brings with it. Even Litecoin seems kind of stuck now at one price level, although it is regarded as the silver of cryptocurrency.
Furthermore Feathercoin is still very young, I think not even a year old.
What I have read about the prices of earlier coins is, that they went through similar phases…so we have to keep faith and think long term. All the FTC bashing going on at BTC-e trollbox is not very helpful though.
I’m a noob in crypto also, so can’t come up now with more than this…
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Remonius
I hear you. That could be on the mind of many, but just not willing to say so out loud.
Here is what a wise trader of gold once had to say in this regard.
If a monetary holding, (asset), is keeping you awake at night, then the obvious thing to do is
reduce your holdings in that asset, until you are able to sleep soundly at night once again.
fkimbe -
[quote name=“mbn” post=“51684” timestamp=“1389574759”]
Thanks Remonius for your post. I think it describes well the mixed feelings, confusion and fear (for example being delisted from BTC-e) looking at the price of Feathercoin at the moment (even below 0,0004) and all the sell walls.But maybe the current price has to do with all the negative news and bank warnings lately regarding cryptocurrency in general and the uncertainty it brings with it. Even Litecoin seems kind of stuck now at one price level, although it is regarded as the silver of cryptocurrency.
Furthermore Feathercoin is still very young, I think not even a year old.
What I have read about the prices of earlier coins is, that they went through similar phases…so we have to keep faith and think long term. All the FTC bashing going on at BTC-e trollbox is not very helpful though.
I’m a noob in crypto also, so can’t come up now with more than this…
[/quote]Agree with both sides it seems of the story. 1) FTC is tied to the overall crypto scene picture and does follow BTC for the most part; however, lately it has adjusted to following at a lower level yet again it seems. What concerns me though when I compare against the others (and we have to realistically do so) is, 2) FTC is new but it is older than most from what I’ve understood. Wasn’t FTC the first “fork” of Litecoin, and new coins like Mega, World, Prime, followed - but have solid past FTC up in capital interest/market gain so far. Just seems like FTC can’t catch to train lately even with all the good work going on.
And with all the great work, ok a 3rd topic… It is all great work and ideas but core to ever being useful is for FTC to survive. That should be the focus somewhat; adoption way outside of the UK, publicity, info on what FTC stands out (if it does), and pumping the currency somewhat may be necessary. I’m afraid that the small community aspect of the coin is nice to talk about but small communities are not going to survive in the long-term.
Maybe it is all too early to worry about though as well.
-T
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yeah price of btc/ftc is so unbelievably stable :o
its down 40% in a week. just because btc-e doesnt have enough decimal points to notice it crashing.
i know everyone has mixed feelings about btc-e’s involvement in ftc but the truth is they can take it higher than worldcoin and megacoin in hours if they choose. they can also hold it down where it is now. it appears they are done dumping to themselves to entice more dumping atm. i still believe once they have accumulated enough at this low price they will open ftc/usd trading. i dont know who else would be adding 50btc a day of buy orders to the .0004 level. is there some unknown ftc whale?
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[quote name=“Bushstar” post=“50658” timestamp=“1389173595”]
Personally I see the bright side of the market suppression as the coins are still affordable and relatively stable.
[/quote]I couldn’t agree more. I bought about ~800 ftc at ~28 US cents. Since then I’ve just been mining on and off.
I know I could be buying low and selling high, but I just don’t have the energy or time to day trade.
I’ll be kicking myself in the long run for mining instead of buying, but I feel that buying coins is no where near as fun and is more nerve racking.
By having cheap and stable prices, it provides a greater incentive for new adopters. In time, this will pay off if that’s what your after.
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Well, actually there’s a buy-order over 380BTC (or 1,058,013FTC !!!) at .00036 on BTC-e right now ^^ so the price shouldn’t drop too low…
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the Feathercoins are still affordable and stable with a strong community around it, and that in my opinion a good way to promote a coin at the beginning…long live to the FEATHERCOINS and this great community who support it.
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I think the negative talking at BTC-e about Feathercoin is harmful. The only way to deal with this is positive news about Feathercoin reaching many people. For example an article about Link or Coindesk of Cryptonews?
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The community should come up with some kind of Crypto Currency Merchant adoption league table so people can see for themselves which coins are more likely to succeed :)
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Why I mentioned Coindesk / Cryptonews earlier regarding Link
I googled “Feathercoin Link project”
Found an forum article [url=https://bitcointalk.org/index.php?topic=398745.0.]https://bitcointalk.org/index.php?topic=398745.0.[/url] This starts with mentioning Link-project, ends quickly with comments about Feathercoin dying.
One short reddit comment [url=http://www.reddit.com/r/CryptoCurrency/comments/1u47hy/project_from_the_feathercoin_community_finds_its/]http://www.reddit.com/r/CryptoCurrency/comments/1u47hy/project_from_the_feathercoin_community_finds_its/[/url]
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Yeah… they don’t seem to like us much ahy…
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[quote name=“bmw_525i” post=“51725” timestamp=“1389603963”]
Well, actually there’s a buy-order over 380BTC (or 1,058,013FTC !!!) at .00036 on BTC-e right now ^^ so the price shouldn’t drop too low…
[/quote]I just setup my mini barrier at 0.0004 :P
[img]http://imagizer.imageshack.us/v2/800x600q90/850/pvi8.jpg[/img]
Also, I heard people talking about FTC/USD pair coming to BTCe tomorrow?
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[b]Re: “Coin adoption league table” - That is easy, we already done it for you.[/b]
[quote]
Some kind of Crypto Currency Merchant adoption league table so people can see for themselves which coins are more likely to succeed
[/quote]1. Go to the “Your Ideas for Feathercoin” Tab.
2. Add a coin you like as an “Idea”
3. go to “Off topic”
4 [ANN] Announce the Member review of Coin XXXX see Feathercoin ideas Tab.
5. Await the votes and the massive increase in Rep…And any other issue or service. We may have to review how many votes members get (based on Rep?) depending how many subjects are addressed with a vote, or deserve one of your 100 votes…
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[quote name=“Calem” post=“51780” timestamp=“1389617739”]
Yeah… they don’t seem to like us much ahy…
[/quote]
If someone don’t like (hate?) you, that’s mean you doing something right. -
[quote name=“bmw_525i” post=“51725” timestamp=“1389603963”]
Also, I heard people talking about FTC/USD pair coming to BTCe tomorrow?
[/quote]Where did you hear this?
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I’ve been mining on middlecoin and buying ftc with BTC. It allows me to get more and i like talking economic value from the most profitable altcoin and giving it to feathercoin. I was actually thinking of starting a campaign to increase peoples awareness of the effect of buying into a coin with btc over mining it.
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[quote name=“StevenFeather” post=“51786” timestamp=“1389618398”]
[quote author=bmw_525i link=topic=6677.msg51725#msg51725 date=1389603963]
Also, I heard people talking about FTC/USD pair coming to BTCe tomorrow?
[/quote]Where did you hear this?
[/quote]I see quite a few comments @ trollbox within an hour about FTC/USD… so yeah, just confirming this.
Unfortunately, I can’t ask them as I’m still stuck with 700 minutes ban :( from 10,000.
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[quote name=“bmw_525i” post=“51725” timestamp=“1389603963”]
Unfortunately, I can’t ask them as I’m still stuck with 700 minutes ban :( from 10,000.
[/quote]lol, how did you manage to get that?? ^^
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[quote name=“eaxvac” post=“51792” timestamp=“1389619350”]
Unfortunately, I can’t ask them as I’m still stuck with 700 minutes ban :( from 10,000.
[/quote]lol, how did you manage to get that?? ^^
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Just checked the site it doesnt give any news, so i geuss just trollbox speculations.