Next Difficulty Change
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Well that’s a pleasant surprise, difficulty dropping back down for awhile. ^_^
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[quote name=“ShadowEW” post=“1152” timestamp=“1367838033”]
Well that’s a pleasant surprise, difficulty dropping back down for awhile. ^_^
[/quote]On the other hand, it means there a less miners, and we should want to get more miners involved to get FTC going!
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[quote name=“sheepson” post=“1155” timestamp=“1367838462”]
[quote author=ShadowEW link=topic=174.msg1152#msg1152 date=1367838033]
Well that’s a pleasant surprise, difficulty dropping back down for awhile. ^_^
[/quote]On the other hand, it means there a less miners, and we should want to get more miners involved to get FTC going!
[/quote]But on your other hand, it means more profits for the miners as there’s less competition? :P
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It will be mainly the bigger rigs (with the bigger overheads) switching to LTC (or CNC) to take advantage of the slight profitability increase over FTC, I for one see future long term value in FTC so I’m still mining and buying cheap coins when I can.
I think it’s good that a lot of GPU miners left out in the cold by the introduction of ASICS and the staggering difficulty of BTC, now have multiple GPU friendly coins to hedge in to.
I certainly see a place for all scrypt coins that have the right development team & community support behind them. -
Yea unfortunately people watching coinchoose will jump right back on when the difficulty drops, so much for enjoying it for a “while” haha. Albeit it’s a lot better than the early jumps of Terracoin with the ASICs hopping on and off. I’m hoping people concentrate on CNC on BTC-e now as their pump and dump coin and let FTC grow into what it should be.
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Indeed, FTC for the longterm!
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*Keeps up hit pitiful attempts to mine FTC*
I will get enough! Somehow! Someday!What are peoples plans at the moment, stockpile FTC and ride out the market or gamble / pay them around?
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No reason to sell FTC now at 0.002 BTC. Didn’t sell even when it was at 0.004 BTC. BTW, see large buy orders on exchanges, so it’s time to rise.
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Without going into a lot of detail yet (only because I’m still hashing out the approach), you’ll see a big Feathercoin push into non traditional markets. We have the right developer, the right community, now it’s time to start letting others know how viable FTC is outside of just exchanging it for other coins. Currently on vacation, doing as much as possible when my girlfriend is sleeping.
There are a lot of alt coins, most have minimal developer support and even less community support outside of trading it for other coins. When LTC hits Gox, * I * believe we’re going to see a huge shake-up. Personally, I wouldn’t part with any FTC under $2… but that’s because I see where this could leave in the next 4 or so months.
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What is needed now is that [b]one or more of the early adopters, that have made a huge profit from ftc hitting 0.005++ must buy back ftc in order to drive the price higher[/b].
Besides making it valuable to the real market, FTC needs exchange support too.
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Personally, I’m riding my investment in the long term, as in I’m holding the bulk until 2016 or so at least. Once the price gets a little more desirable I’m gonna sell a small portion just so I have my ROI. I’ve tried gambling with the market a bit, but I’d make a little then my next buy it would just drop like half in price so I’m done with playing the market -.-
And not necessarily any of the early adopters, I mean “fontas” can dump loads of BTC and grow it too haha. But anyone who did that and did see a pump from what they bought would just sell it again unfortunately.
