Pledge to buy 200 coins (1block) per month
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Back in may you could get 0,0015 BTC for a 1 FTC that in fiat at that time would equal 0,15$ in you made that exchange from BTC to Fiat USD.
Now you get 0,00042 meaning a lot less BTC but if to exchange to fiat you get 0,25$ so the price has held up pretty good i would say. It would have been unlikely for FTC to keep the 0,0015 ratio as BTC prices went through the roof and more.
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[quote name=“unkunku” post=“47059” timestamp=“1387799096”]
You can say whatever you want about the FED printing money, but a 10-15% increase in money-supply (FTC) just takes it to another world. The market is basically being flooded with feathercoins right now. A big big no buy.
[/quote]You know what I have an issue with… The fact that the biggest holders of ftc seem to be people who barely have any care about the coin itself… they just buy in and acquire tens of thousands of coin and do nothing to further it… they’re just waiting to sell off high and buy cheap.
The people who seem to be busting themself’s in there spare time are the ones who hold the least amount.
So either the people who will stick with the coin thick and thin buy now while there’s a decent amount around, or the the people with all the fiat just gobble it all up and bail when they feel as though they’ve made enough to bail in the future…
Should the community sit back and watch these greedy fiater’s gain the bulk of the coin only to sell it back to us at at a huge margin? Or should we step up and make sure that the coins get dispersed amongst those who truly believe in changing the system?
Sorry I’m all ranty right now, but after reading the topic “How many ftc do you hold” I’ve realised that those who are going to make the coin worth something more than what it is now are generaly the ones who hold the least…
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[quote]The fact that the biggest holders of ftc seem to be people who barely have any care about the coin itself.[/quote]
Yeah. These are the kind of people you do not want investing in FTC or any company as they are just utter rubbish. Do not contribute anything and just harvest profit.
These people are in for the ups and downs in the market and care nothing about anything else. The best way to get rid of them is slow and steady growth.
Then they will go and find another rollercoaster asset to invest in as that what suits them best.
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Everything is relative. I had the same attitude about Litecoins a year ago (when I had about 5k) and then they suddenly sky rocketed recently.
Miners and Investors provide stability. Speculators and short sellers provide chaos.
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Before the massive price increase, (when I came across ftc about 4 to 5 maybe 6 weeks ago (I would need to check my join time), ftc was 25 to 30 US cents. In that extremely short time, I’ve seen the likes of dogecoin, quarkcoin, nxtcoin and protoshares jump around massively. Regardless of whether or not these coins are novel, you can see that they have been used for either pump and dumps or simply just day traded short term profits…
Ftc has shown a fair bit of stability. Although it’s gone from 30 cents to a dollar something and back again, I think we seem to of have fended off the bulk of the “[i]fiaters*[/i]”. (I have now officially coined that term… lol… ) ([i]*People who just want more fiat and feel as though the underlying system is inherantly corrupt and self destructive in regards to the further progression of [u]civil[/u]ization.[/i])
I think the whole ACP thing scares many off. Anyway, I don’t want to sound like a whatever, but we need slow and steady growth. Too many can’t use a good ol google search and they simply resort to a “HELP ME” style request without bothering to help themselves.
Right now, It’s hard to get into if your not the IT type, but if you can’t help yourself, your putting an amazing amount of load and weight on the support staff.
I’m ranting again but my point is that we need people to hear about ftc but we don’t need freeloaders or fiaters. I’m on some sort of ethical high-horse tonight… I blame the Cab-Sav… erg… anyways… I’m not saying end the banking system, for the[u] time been [/u]it has it’s place, but from outside perspectives if we want to be taken seriously, [u]stability is the key[/u].
If I was an elitist with a more dollars then sense attitude, and wanted to maintain my control, I would be trying to keep the chaos so the average person would be hesitant in thinking that crypto’s could be an ethical and practical solution to everyday transactions…
Anyways… I’m out for the night… I’ve complained to much. Not even sure if I make sense right now.
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I’d love to buy a bottle or case of champagne using feathers. UK or French sellers only please.
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[quote name=“Frozenace” post=“46771” timestamp=“1387676410”]
One of my former colleague’s said that one of her friend had an idea to buy 1 BTC per month with their salaries.I’m thinking, why shouldn’t I buy 1 block of FTC (200 coins) per month with my salary. At present, it’s only 33 pounds @0.17 GBP/FTC, much better than the 400 pounds I’d have to spend for 1 BTC.
[/quote]Count me in!
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[quote name=“Frozenace” post=“47076” timestamp=“1387806872”]
I’d love to buy a bottle or case of champagne using feathers. UK or French sellers only please.
[/quote]If your lucky ChekaZ might have a bottle of red left (At least I think its a red). He’s in Germany if that still counts.
[url=http://forum.feathercoin.com/index.php/topic,4604.html]http://forum.feathercoin.com/index.php/topic,4604.html[/url]
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It does, but I’m looking more for a bottle of Moet & Chandon.
If anyone is interested in protein and vitamin products from myprotein.com, give me a shout. I can accept FTC payments.