What's happening?
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Thats what I’m saying. This site allows me to hold my coin of choice, therefore not giving the pool the chance to dump them, but also allows me to have some funds to buy my coin of choice creating a higher demand, and therefore driving the price back in the right direction. No?
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I’m not sure on this one. There are two ways of looking at it. Whilst you yourself are supporting feathercoin, others in the pool may not, so I guess you could argue that you are still supporting multi-pool strip mining by participating and you are doing to other coins what we don’t want done to ours?
That said, I’m a firm believe of playing in the landscape at whatever game the landscape best permits. If you can support Feathercoin better by participating then play ball.
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I guess thats what its about “playing in the landscape”
Yes I agree I’m strip mining other coins in a manor that I don’t want done to feather coin, but the rule of “if you can’t beat them join them” has to come into play here, and by using a pool like this you can at least lessen the effect on “your” coin?
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Makes me sad to see feather coin go down so much. I was waiting for .30 a coin. In the mean time going to mine on and hope for the best
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Bitcoin has been quiet. There will be another influx of people when the Bitcoin price hits stupid figures. Those people will realise they have missed the BTC boat and look at playing with the alts hoping to recreate their success.
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^ I hope so. Need to pay off the rig soon :)
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Its a rollercoaster dude. Don’t try and get off while its in motion. Lol.
Were only just getting started how many small companies make it big in under 12 months. Just stick tight do what you can to promote FTC and see what happens!
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Why are we spending time with making the algo resistant to multipools?
Of the new world Scrypt-N, Scrypt-Jane, keccak etc coins that are going through a good pump right now due to massive ASIC pre-orders, why don’t we become the first established currency to go an ASIC resistant algo? That will take care of the multipools and ASIC boxes in one foul swoop wont it?
The rule of thumb out in the market is, if you’re not on BTC-e, you’re not to be taken seriously. Right now, we have something these new currencies don’t have, we are established, lets make a bold move before we get left behind…
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Well said.
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Only lazy, useless ppl mining in multipools. I tested Multipool, Middlecoin, and other that type of pool. Results for 24 hours was almost twice lower that if I was mining coin of my choice. Simples
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At First, We need to find some investors.
Second, We need to change the algorithm, reducing selling.
Three,We need to promote the use of FTC.
These important to you. I think we need to build a FTC foundation. A stabilization fund and a market maker team ! Very complex task !
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I think Hullcoin and Cryptsy allowing USD trading can help a little.