Why do I consider FTC a good investment.
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Here is my opinion, feel free to add yours:
I am with Feathercoin since early beginning in 2013. During that time I saw several huge pumps but also huge dumps. With that said please note that this all happend while
FTC was simple Scrypt clone coin. Just look at all time chart, data do not lie, all buys and sells are recorded.
Now whith new algorithm FTC is no more a clone coin and it feels good.
Most importantly, algo is secure and works really well.
Miners love it, but I am worried lot of them are cutting their profit by immediate selling (but this is their struggle).
In fact if we all just buy/mine and hold we can be verry happy soon.
It is all matter of trust in the coin.
**What I like the most is friendly enviroment here and lot of projects going on at same time. **
I will try to higlight some of them here, but thats my personal picks so I will only mention small part of whats going on:
1, Continuous development of Neoscrypt miner
2, New prototype of multisig wallet based on newest bitcoin wallet
3, Bushstar working on stealth addresses
(no link yet)
4, Plenty of rPI projects
https://forum.feathercoin.com/index.php?/topic/7760-my-list-of-ftc-related-projects/?p=67293
5, Of course Moon project (this is pure PR, but I simply love idea of my name touching real moon)
6, MinerX project (user friendly GUI miner for Windows)
https://bitcointalk.org/index.php?topic=575079.0
7, Slavcos self notary project - simple way to prove ownership of your work by unbreakable math behind it for fractions of penny
And much more
Right now there is bussy chat in FTC team skype group about further direction of FTC.
Lot of different scenarios are discussed but few ideas already fit together pretty well.
I personaly would like to see multisig wallet released with possibility of optional stealt address use.
To make wallet more usefull there is plugin system in discussion so you will be able for example
sending secured messages or trade from wallet. Also FTC aim to lead Neoscrypt coins ecosystem.
The code is already prepared for some version of advanced POS (I think Ghostlander is working on this for PXC).
But most importantly we are opened for any discussion so if you have some good idea do not by shy and speak off!
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Nicely said Mirrax :)
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I thnk this needs a bump. More investors == Good for FTC.
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So some more people buy tokens. The price moves up a little. Then what?
We have world beating technology at our fingertips and everyone is focused on flogging the tokens.
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I’d like to see Feathercoin integrated into a game’s economy as a currency.
Buy and sell in-game assets for FTC etc.
Everdreamsoft is working on a card game on BTC I believe.
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So some more people buy tokens. The price moves up a little. Then what?
We have world beating technology at our fingertips and everyone is focused on flogging the tokens.
Some people (new readers) might not get what you mean.
Can you elaborate more on this please?
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Some people (new readers) might not get what you mean.
Can you elaborate more on this please?
I mean blockchain technology in general. It’s not short of potential. It has shown the ability to send value from one side of the planet to the other, and that’s amazing, but we shouldn’t be focused only on that use case. If you want tokens to send round the world, then the tokens have value as a service, if you want to ‘invest’ in tokens to help feathercoin then I think the logic if flawed. Sure more people buying the tokens has a postive effect on the price, but then the tokens are nothing more than a speculate asset. A speculative asset whereby, currently the supply is much greater than demand. I can’t encourage people to buy tokens believing they will go up in value to inflate my own investment. All aboard, next stop the moon! I can’t do that.
I believe we need to experiment and lead rather than follow. I believe the blockchain should be recruiting new developers and service providers by paying them in the rewards of our native token for their hard work. I believe that being a delegate is a better incentive than investing in some tokens and hoping the price goes up. Or mining, where 99% of your hardwork is paying off ROI on hardware and Energy Costs, that’s barely a thank you for helping secure the blockchain (don’t believe me, check our hashrate) Getting this right would mean developers are directly incentivised to work for the blockchain, do something good for the future of feathercoin and all users can vote to make sure you are compensated for your effort. It turns tokens into votes and votes are a voice. People have their say and the blockchain pays the people we vote for. That’s gotta be a better future than devs begging for tips.
I propose the question, buying tokens, who does it help?
