FTC vs. BTC vs. LTC. DING DING, Round 1!
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Hi FTC folks,
I wanted to read about the clear differences between FTC, BTC and LTC. As far as I can tell FTC is a good coin if you possess mining equipment. But what about people like me who just buy FTC and are holding? What is my advantage of having FTC?
Because of this I wanted to address the admins of this website to communicate the advantages of FTC more. Especially on he page “About”. Furthermore, I appreciate that you guys created a video about FTC, but it only reveals how great the community is.
Bottomline, communicate more about this mysterious coin and explain the differences between FTC and BTC/LTC. This, imo, will give a clear message to all the people out there why they should choose FTC.
Keep up the good work!
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I agree. I have been trying to spread the word farther and wider!
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[quote name=“TrollboxChamp” post=“52146” timestamp=“1389717055”]
I agree. I have been trying to spread the word farther and wider!
[/quote]me too (plus trolling on trollbox :P)
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Mysterious?
48918 Posts in 5767 Topics by 15567 Members.
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The amount of posts does not mean anything. It is still a mysterious coin as it does not really try to differentiate from the other coins. As I said, I still have question marks.
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Logged this thread, thanks for the great feedback. In fact we are working on a new website right now and this should go front and centre.
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I think we have to move forward and realize the “community” aspect of FTC will not keep it alive in the global scene. If we don’t hype it, push for adoption, and get it elevated in months ahead it very well may start to fade and be further overtaken.
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Actually, the number of posts does mean something. And you have already touched on one of the differentiators, the community.
Technically, there may be less to differentiate between say, LTC and FTC, although FTC does have things which LTC does not, such as the much more reactive difficulty retarget mechanism. However, that is missing the point of the fact we are very much holding up the community as a differentiator.
As far as I am aware, the FTC community is unique as a diverse but closeknit group of people who will help each other in many aspects of life, from mining crypto to drinking home produced wine. It is a community who have taken financial loss rather than drop other members of the community during the difficulty traps and attacks. We are a community who welcome new members, who listen to them, and encourage them to make Feathercoin the coin they think it should be.
We are a community made up of 1337 coders who can make things like LINK happen, who can code genuinely useful software like the SMS payment service and who will argue passionately about the coin and it’s features, not because they are trolling but because they care.
We’ve come through a lot as a community in a very short time despite having some serious forces ranged against us and having been faced with very determined efforts to destroy the coin and the community.
The fact that we’re still here while so many others are not is a differentiator, and that is entirely down to this group of normal people who make up the community.
So I ask you, in the style of Monty Python’s “What ELSE have the Romans ever done for us?”: What makes you think the community is not a good enough differentiator?
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A community is important to maintain FTC. I enjoy the people here, I enjoy the mature discussions we have, I enjoy the help I receive from people like you. I just don’t know if that is enough. Being nice guys will be hard in a market where people want to destroy each other.
If we solely rely on being such a great community what would happen next? Let’s say FTC is performing outstanding and it draws attention of 100 thousands of people. Half of them will join the forums. Who can garantee me that those 50k people are just as nice as us right now. You cannot. FTC will turn into what we see at Bitcoin. Bunch of savages in for the money. Then tell me, will FTC’s differentiator be as good as today?
Don’t get me wrong, I really hope FTC would be as famous as LTC. But our USP is community. I just don’t see that last long. Therefore I plee to you guys to communicate more to the outside world what FTC is about more than just an awesome community.
If we do manage to keep the community neat and tidy when 50k + then yes FTC will rule.
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You can have a direct influence on what goes on the homepage right now in the [url=http://forum.feathercoin.com/index.php/topic,6616.msg52168.html#msg52168]New Website Design Discussion Thread[/url].
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[quote name=“Trunqs” post=“52226” timestamp=“1389733401”]
A community is important to maintain FTC. I enjoy the people here, I enjoy the mature discussions we have, I enjoy the help I receive from people like you. I just don’t know if that is enough. Being nice guys will be hard in a market where people want to destroy each other.If we solely rely on being such a great community what would happen next? Let’s say FTC is performing outstanding and it draws attention of 100 thousands of people. Half of them will join the forums. Who can garantee me that those 50k people are just as nice as us right now. You cannot. FTC will turn into what we see at Bitcoin. Bunch of savages in for the money. Then tell me, will FTC’s differentiator be as good as today?
Don’t get me wrong, I really hope FTC would be as famous as LTC. But our USP is community. I just don’t see that last long. Therefore I plee to you guys to communicate more to the outside world what FTC is about more than just an awesome community.
If we do manage to keep the community neat and tidy when 50k + then yes FTC will rule.
[/quote]I’m not a big fan of being big. It’s the ethic of a cancer cell. Realy power is local and the impact I want to have is to help lay down the template for how to kickstart a blockchain currency by building the community around it. Money is what the people say it is, it’s a tool that people will use to get their needs met. And yes Bitcoin did a good job of how to begin when none of the vulnerabilities are known but in the future people are going to need to know how to start one when the vulnrabilities are known. And in a world where information travels fast and most of the challenges we face will be unique to our direct environment.
So what features would you like to see, vote here [url=http://forum.feathercoin.com/index.php/topic,6894]http://forum.feathercoin.com/index.php/topic,6894[/url]
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[quote name=“chrisj” post=“52232” timestamp=“1389733954”]
[quote author=Trunqs link=topic=6893.msg52226#msg52226 date=1389733401]
A community is important to maintain FTC. I enjoy the people here, I enjoy the mature discussions we have, I enjoy the help I receive from people like you. I just don’t know if that is enough. Being nice guys will be hard in a market where people want to destroy each other.If we solely rely on being such a great community what would happen next? Let’s say FTC is performing outstanding and it draws attention of 100 thousands of people. Half of them will join the forums. Who can garantee me that those 50k people are just as nice as us right now. You cannot. FTC will turn into what we see at Bitcoin. Bunch of savages in for the money. Then tell me, will FTC’s differentiator be as good as today?
Don’t get me wrong, I really hope FTC would be as famous as LTC. But our USP is community. I just don’t see that last long. Therefore I plee to you guys to communicate more to the outside world what FTC is about more than just an awesome community.
If we do manage to keep the community neat and tidy when 50k + then yes FTC will rule.
[/quote]I’m not a big fan of being big. It’s the ethic of a cancer cell. Realy power is local and the impact I want to have is to help lay down the template for how to kickstart a blockchain currency by building the community around it. Money is what the people say it is, it’s a tool that people will use to get their needs met. And yes Bitcoin did a good job of how to begin when none of the vulnerabilities are known but in the future people are going to need to know how to start one when the vulnrabilities are known. And in a world where information travels fast and most of the challenges we face will be unique to our direct environment.
So what features would you like to see, vote here [url=http://forum.feathercoin.com/index.php/topic,6894]http://forum.feathercoin.com/index.php/topic,6894[/url]
[/quote]Love the local comment, local is “power” and I think a lot of us try to support our local communities when possible. As long as local doesn’t just mean an area of the UK, or the local pub as many other coins would remark on FTC. This is a global community to represent.
Growth and size are going to be a necessity of a digital currency, it is one of the points of existing with its benefits - otherwise you could just draw up some colorful papers to use like local communities do in many European countries lately…
I’ve noticed more posts like these lately, seems that people are just getting frustrated by the inability to grow in value per coin, hearing about all the BTC adoption, and a little bit of lack of a product roadmap for FTC - to sell the coin to others.
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[quote name=“travwill” post=“52268” timestamp=“1389747974”]
[quote author=chrisj link=topic=6893.msg52232#msg52232 date=1389733954]
[quote author=Trunqs link=topic=6893.msg52226#msg52226 date=1389733401]
A community is important to maintain FTC. I enjoy the people here, I enjoy the mature discussions we have, I enjoy the help I receive from people like you. I just don’t know if that is enough. Being nice guys will be hard in a market where people want to destroy each other.If we solely rely on being such a great community what would happen next? Let’s say FTC is performing outstanding and it draws attention of 100 thousands of people. Half of them will join the forums. Who can garantee me that those 50k people are just as nice as us right now. You cannot. FTC will turn into what we see at Bitcoin. Bunch of savages in for the money. Then tell me, will FTC’s differentiator be as good as today?
Don’t get me wrong, I really hope FTC would be as famous as LTC. But our USP is community. I just don’t see that last long. Therefore I plee to you guys to communicate more to the outside world what FTC is about more than just an awesome community.
If we do manage to keep the community neat and tidy when 50k + then yes FTC will rule.
[/quote]I’m not a big fan of being big. It’s the ethic of a cancer cell. Realy power is local and the impact I want to have is to help lay down the template for how to kickstart a blockchain currency by building the community around it. Money is what the people say it is, it’s a tool that people will use to get their needs met. And yes Bitcoin did a good job of how to begin when none of the vulnerabilities are known but in the future people are going to need to know how to start one when the vulnrabilities are known. And in a world where information travels fast and most of the challenges we face will be unique to our direct environment.
So what features would you like to see, vote here [url=http://forum.feathercoin.com/index.php/topic,6894]http://forum.feathercoin.com/index.php/topic,6894[/url]
[/quote]Love the local comment, local is “power” and I think a lot of us try to support our local communities when possible. As long as local doesn’t just mean an area of the UK, or the local pub as many other coins would remark on FTC. This is a global community to represent.
Growth and size are going to be a necessity of a digital currency, it is one of the points of existing with its benefits - otherwise you could just draw up some colorful papers to use like local communities do in many European countries lately…
I’ve noticed more posts like these lately, seems that people are just getting frustrated by the inability to grow in value per coin, hearing about all the BTC adoption, and a little bit of lack of a product roadmap for FTC - to sell the coin to others.
[/quote]No it doesn’t just mean UK. But it does mean finding commonalities among peoples all over the world at a local level rather than say at a state level which is where Bitcoin Foundation is aiming its effort at the moment ie with Banks and Regulators.
This isn’t about pandering to the elites or fixing your coin so it complies with the old regime. It’s about making it relevant to regular people on the ground with real jobs providing real value to other peopels’ lives.
If you look back at the price of BTC and LTC when they were 9 months old you will find the same thing. But the rate of change is increasing and time itself is speeding up as our ability to distinguish those units of change improves. So we have higher expectations on us. Hell if you buy a coin and it doesn’t go up in 5 minutes it’s SCAM and you were ripped off. I mean after all we’re all entitled to be rich and we shouldn’t have to do any work to deserve it… lol ok sorry. /irony
But yeah I think the problem with these ever increasing evaluations is that it is unsustainable and leads to bubbles. It benefits the early adopters but it isn’t much good for people who don’t have time to be checking charts all day waiting to hedge their risk or get their exit.
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That was a great post, Chris!
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[quote name=“chrisj” post=“52276” timestamp=“1389749879”]
[quote author=travwill link=topic=6893.msg52268#msg52268 date=1389747974]
[quote author=chrisj link=topic=6893.msg52232#msg52232 date=1389733954]
[quote author=Trunqs link=topic=6893.msg52226#msg52226 date=1389733401]
A community is important to maintain FTC. I enjoy the people here, I enjoy the mature discussions we have, I enjoy the help I receive from people like you. I just don’t know if that is enough. Being nice guys will be hard in a market where people want to destroy each other.If we solely rely on being such a great community what would happen next? Let’s say FTC is performing outstanding and it draws attention of 100 thousands of people. Half of them will join the forums. Who can garantee me that those 50k people are just as nice as us right now. You cannot. FTC will turn into what we see at Bitcoin. Bunch of savages in for the money. Then tell me, will FTC’s differentiator be as good as today?
Don’t get me wrong, I really hope FTC would be as famous as LTC. But our USP is community. I just don’t see that last long. Therefore I plee to you guys to communicate more to the outside world what FTC is about more than just an awesome community.
If we do manage to keep the community neat and tidy when 50k + then yes FTC will rule.
[/quote]I’m not a big fan of being big. It’s the ethic of a cancer cell. Realy power is local and the impact I want to have is to help lay down the template for how to kickstart a blockchain currency by building the community around it. Money is what the people say it is, it’s a tool that people will use to get their needs met. And yes Bitcoin did a good job of how to begin when none of the vulnerabilities are known but in the future people are going to need to know how to start one when the vulnrabilities are known. And in a world where information travels fast and most of the challenges we face will be unique to our direct environment.
So what features would you like to see, vote here [url=http://forum.feathercoin.com/index.php/topic,6894]http://forum.feathercoin.com/index.php/topic,6894[/url]
[/quote]Love the local comment, local is “power” and I think a lot of us try to support our local communities when possible. As long as local doesn’t just mean an area of the UK, or the local pub as many other coins would remark on FTC. This is a global community to represent.
Growth and size are going to be a necessity of a digital currency, it is one of the points of existing with its benefits - otherwise you could just draw up some colorful papers to use like local communities do in many European countries lately…
I’ve noticed more posts like these lately, seems that people are just getting frustrated by the inability to grow in value per coin, hearing about all the BTC adoption, and a little bit of lack of a product roadmap for FTC - to sell the coin to others.
[/quote]No it doesn’t just mean UK. But it does mean finding commonalities among peoples all over the world at a local level rather than say at a state level which is where Bitcoin Foundation is aiming its effort at the moment ie with Banks and Regulators.
This isn’t about pandering to the elites or fixing your coin so it complies with the old regime. It’s about making it relevant to regular people on the ground with real jobs providing real value to other peopels’ lives.
If you look back at the price of BTC and LTC when they were 9 months old you will find the same thing. But the rate of change is increasing and time itself is speeding up as our ability to distinguish those units of change improves. So we have higher expectations on us. Hell if you buy a coin and it doesn’t go up in 5 minutes it’s SCAM and you were ripped off. I mean after all we’re all entitled to be rich and we shouldn’t have to do any work to deserve it… lol ok sorry. /irony
But yeah I think the problem with these ever increasing evaluations is that it is unsustainable and leads to bubbles. It benefits the early adopters but it isn’t much good for people who don’t have time to be checking charts all day waiting to hedge their risk or get their exit.
[/quote]
maybe its all the google hangouts. but I am definitely reading your posts in your voice now… ahhhh so soothing -
[quote name=“spynappels” post=“52194” timestamp=“1389727342”]
Actually, the number of posts does mean something. And you have already touched on one of the differentiators, the community.Technically, there may be less to differentiate between say, LTC and FTC, although FTC does have things which LTC does not, such as the much more reactive difficulty retarget mechanism. However, that is missing the point of the fact we are very much holding up the community as a differentiator.
As far as I am aware, the FTC community is unique as a diverse but closeknit group of people who will help each other in many aspects of life, from mining crypto to drinking home produced wine. It is a community who have taken financial loss rather than drop other members of the community during the difficulty traps and attacks. We are a community who welcome new members, who listen to them, and encourage them to make Feathercoin the coin they think it should be.
We are a community made up of 1337 coders who can make things like LINK happen, who can code genuinely useful software like the SMS payment service and who will argue passionately about the coin and it’s features, not because they are trolling but because they care.
We’ve come through a lot as a community in a very short time despite having some serious forces ranged against us and having been faced with very determined efforts to destroy the coin and the community.
The fact that we’re still here while so many others are not is a differentiator, and that is entirely down to this group of normal people who make up the community.
So I ask you, in the style of Monty Python’s “What ELSE have the Romans ever done for us?”: What makes you think the community is not a good enough differentiator?
[/quote]I could not agree more thanks…
Fred
