A proposal to this community
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I agree for the most part, I’m sure you will get some replies saying “feathercoin is not dying” weather that’s true or not I couldn’t say due to lack of crypto knowledge.
I’m sure some of the more crypto experienced people around here could explain why it’s not dying and understand that, but for the offline/non tech people they see a dying coin. They see a coin dropping in price a coin that seems to be the butt of jokes on other forums and sites like the good old trollbox on btc-e. I know some people think it’s a good thing investors don’t chase FTC, I’m not sure why thats a good thing.
I would think having everyone including investors accept and use FTC for w/e reason would be a good thing. People invest in pretty much everything we see and buy these days for profit, when most people start a new company they look for investors and those investors are looking for a way to make a profit. So I say for those people who only invest in FTC for pure profit reasons let them, the more people that take interest/notice FTC the better imo we should not shun them.
People are going to invest in FTC for pure profit regardless if we want them to or not, this is just my opinion I could be completely wrong and most likely am.
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We do have a great community behind FTC and lots of people who contribute to the success of FTC, the price has dropped and I’m not 100% sure why.
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Agree as well.
From a pure profit perspective on exchanges, on BTC-E where we are traded most, that huge buy wall at the low .00036 FTC/BTC is slowing going away, people are selling/buying at the .00036 level - it was around 392 BTC, and it is now at 255 BTC and decreasing. When that wall is gone, then it is a great opportunity to really increase FTC’s value on the exchange - via an organized “pump”. We’ve been against that but it may need to be a real option that we all do, and what is the harm of buying into more FTC anyway if we all feel so strongly it will survive right?
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Its not about being in it for the long haul or having the patience to deal with things. You cannot sit and wait for things happen on their own. Action is needed to make that long haul worth it. At the rate we are going there is no worth in the long haul. Coins younger than us are leaving us in the dust. By the time that long haul is over there will be a handful of us clinging on to hope. Hope that we made the right choice.
We have 15 k subscribers here, assuming another 5k more elsewhere we are looking at 20k but for the sake of argument lets push that number because we are a great community so lets say 25k. We are still 15 k behind some new coins that have come up and most of you know exactly which coin I am talking about. By the time you are done reading this a certain coin has already added 5 subscribers as per their daily traffic stats. We on the other hand are losing subscribers, we are losing interest. People are losing faith. They don’t want to commit their mining equipment to a coin that is only built on the notion that it has a great community. We are helpful yes but beyond that we have nothing to show for it. I am not panicking or anything, I am just laying out the facts. Exchanges are being open about our inability to maintain volume. Like I said and I will repeat it. If we are not profitable enough for the exchange or we do not have a solid presence then there is no reason for them to keep us. We will just be holding them back.
If you want people to take this coin seriously, stop clinging to hope and start acting to create awareness.
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[quote name=“motherlode1” post=“53668” timestamp=“1390322121”]
If you want people to take this coin seriously, stop clinging to hope and start acting to create awareness.
[/quote]I believe there are already a lot of people in this forum making this happen ie Chris Kevlar Lizi Calem and many others making feathercoin and the community great and outstanding, but yes lets make more your right.
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I like the idea.
Look what just happened with DOGE. Money was raised to affect real change.
Pick a cause, charity, event, etc. and lets all chip in some FTC. Would like to see one of our MODS be the one handling the account.
$30,000 to the jamaican bobsled team and look what happened.
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[quote name=“surfguy72” post=“53680” timestamp=“1390325353”]
I like the idea.Look what just happened with DOGE. Money was raised to affect real change.
Pick a cause, charity, event, etc. and lets all chip in some FTC. Would like to see one of our MODS be the one handling the account.
$30,000 to the jamaican bobsled team and look what happened.
[/quote]I like your idea, In fact a little while ago I was talking to Kinsi about doing something along the lines of what you have mentioned. Gabe newell (Valve software) is running a charity for Kids. I think we should organize some sort of donation for his charity event. It will get us a lot of exposure. The charity link is http://theheartofracing.org/home
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[quote name=“motherlode1” post=“53686” timestamp=“1390325830”]
[quote author=surfguy72 link=topic=7046.msg53680#msg53680 date=1390325353]
I like the idea.Look what just happened with DOGE. Money was raised to affect real change.
Pick a cause, charity, event, etc. and lets all chip in some FTC. Would like to see one of our MODS be the one handling the account.
$30,000 to the jamaican bobsled team and look what happened.
[/quote]I like your idea, In fact a little while ago I was talking to Kinsi about doing something along the lines of what you have mentioned. Gabe newell (Valve software) is running a charity for Kids. I think we should organize some sort of donation for his charity event. It will get us a lot of exposure. The charity link is http://theheartofracing.org/home
[/quote]Yep, we have to think of something to make headlines I’d say, even globally, and something to get new individuals to both buy and send FTC - so definitely something UK citizens could care about since it is so easy for them on Bitty, plus those pounds still rein in value ;-)
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I totally agree on this one. Reddit is essentially a huge online marketplace for Feathercoin and it should be used as part of a global awareness campaign. We need more people to recognize this coin for what this truly is: the future of transactions. Of payment. Of money.
Reddit could bring in tons of members, members that are willing to donate time and resources to help get this coin out to the masses.
I would say aye to a better cooperation between the two platforms, and I will be happy to contribute in any way possible. :)
EDIT: I stick with the idea of starting some serious physical awareness campaign in the UK though, simply because they actually have the infrastructure (Bitty) and a physical location where it is already used as a valid currency. Ideal conditions for a national marketing offensive!
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With the massive buy support at 0,00036 a move is bound to happen one way or another. I do not think a breakdown is very likely, but if the buy wall fails we could very well hit 0,00030 real quick.
The other way whom is the more plausible way would have us see a very quick move towards 0,00060. Break that and we could have a very very funny rally.
Picked up 3000 FTC yesterday and thinking of picking up more today.
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[quote name=“mmyhre” post=“53693” timestamp=“1390329402”]
With the massive buy support at 0,00036 a move is bound to happen one way or another. I do not think a breakdown is very likely, but if the buy wall fails we could very well hit 0,00030 real quick.The other way whom is the more plausible way would have us see a very quick move towards 0,00060. Break that and we could have a very very funny rally.
Picked up 3000 FTC yesterday and thinking of picking up more today.
[/quote]http://i.imgur.com/DPh73X1.png
Look at the volume of FTC and then look at the first buy order. It is for 244 BTC. Its been there for a while now. If this is a real buy order that means that this man plans to basically buy half a million FTC essentially clearing the exchange of any FTC volume. 5 FTC says that half the buy orders are fake. Another 5 FTC says that this order will not go through. Send me your wallet address if you want to take part in this small bet with me.
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[quote name=“motherlode1” post=“53695” timestamp=“1390330270”]
[quote author=mmyhre link=topic=7046.msg53693#msg53693 date=1390329402]
With the massive buy support at 0,00036 a move is bound to happen one way or another. I do not think a breakdown is very likely, but if the buy wall fails we could very well hit 0,00030 real quick.The other way whom is the more plausible way would have us see a very quick move towards 0,00060. Break that and we could have a very very funny rally.
Picked up 3000 FTC yesterday and thinking of picking up more today.
[/quote]http://i.imgur.com/DPh73X1.png
Look at the volume of FTC and then look at the first buy order. It is for 244 BTC. Its been there for a while now. If this is a real buy order that means that this man plans to basically buy half a million FTC essentially clearing the exchange of any FTC volume. 5 FTC says that half the buy orders are fake. Another 5 FTC says that this order will not go through. Send me your wallet address if you want to take part in this small bet with me.
[/quote]This buywall is definitly real. I’ve watched the progress and its eating the sells, and stays like a “wall”.
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It was well over 300BTC at one point and it’s slowly shrinking as it takes the sells, Is that one buyer or a total of all the buy orders at that price? It’s a lot of BTC. Someone somewhere is confident at any rate. Are they gambling or do they know something, mmmm
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[quote name=“ryan176” post=“53698” timestamp=“1390330928”]
It was well over 300BTC at one point and it’s slowly shrinking as it takes the sells, Is that one buyer or a total of all the buy orders at that price? It’s a lot of BTC. Someone somewhere is confident at any rate. Are they gambling or do they know something, mmmm
[/quote]Yeah it was actually 392 at its highest, now down to around 245ish. I have a few BTC buys in at .00036 even so been watching it.
I do believe when that wall clears we’ll actually go up, not down. That will leave just about 200+BTC buy orders but almost 2000 BTC in sell orders open at much higher levels.
At its current rate of change I’d guess this will happen tomorrow sometime or maybe Thursday.
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[quote name=“MrFeathers” post=“53702” timestamp=“1390331429”]
I’ve been mining feathercoin through much harder times than these. There was a time when feathercoin was stable at 10 cents and then fell to under 5 cents. Now at around 25-30 cents its still worth much more than that. Motherload1, I like your enthusiasm about gaining more recognition for feathercoin but I do not think that is the answer to increase its value. Simply put, the only thing that will raise the market value of feathercoin is more demand for feathercoin. This will only happen with greater adoption as a currency. Right now it doesnt matter how fancy feathercoin looks if there isnt any use for it. I would recommend putting a big emphasis on merchant adoption. To do this we may also need to raise money and pay people to code apps that make it easier to accept feathercoin as a merchant.The best thing we can do would be to convince merchants to accept feathercoin and provide the tools for them to do so. In fact, this is the only thing that will keep feathercoin alive in the long term. All other publicity is just hot air temporarily pumping up a coin that has no big advantages over most of the other alts.
[/quote]I appreciate the kind words. I have been mining FTC since it launched. I follow your though process completely and it is one I am hoping the community works towards. Merchant adoption can only take place if there is interest in the community first. Merchants have to see FTC as a viable option. And based on the volatility of our coin we are not worth the risk for them. That is why I propose the awareness campaign. We go up a few cents but we always fall a lot more and this poses as a serious risk.
That being said, I would really appreciate if the admins took the time to organize something. I am ready to offer what support I can and bring with me whatever support my subreddit can offer.
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Hi everyone,
I’ve been following the Feathercoin community on the forums for a while now and have been mining FTC since the end of last year and I have to say I agree with a lot of the recent posts regarding the current state of the currency. To this end I’ve got a couple of points I’d like to make:
1. The signup process for this forum is a bit convoluted. It took me 5 attempts to work out what the captcha said before I could register (the audio didn’t work either) and then I spent even more time figuring out that I needed to post in the newbie section before I could reply to this current thread. I think the registration process and posting guidelines for newcomers should be made easier and more user friendly. The easier it is to signup the more people will join.
2. The main FTC website needs an overhaul and needs to appeal to a wider market. That’s not to say the current web site is bad. There has obviously been plenty of work put into it and I appreciate there are already efforts underway to update it, but I think the redesign needs to be less tech focused and aimed more at the masses, with the FTC brand message being simple and understandable by the majority. If you want mass market adoption you need simple messaging that people understand. Ask yourself the question… what is Feathercoin? Why should I use it? What differentiates it from the other currencies?
3. What can be done to increase awareness of FTC? Does it need a media/PR stunt like the recent Jamaican bosbled team financing to make it more ‘digestible’ to the masses? How can we make FTC the crypto currency with mass appeal? Despite all the media hype around Bitcoin it is still a mystery to the average man on the street.
Anyway… sorry for if this seems like a rant… it’s not intended to be. I’d just really like to see FTC succeed and I think it needs a little bit of a shake up!
alles gut!
tdog x
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Hi all, I am not a crypto specialist, a programmer or a trader. I think I represent the average person in the group of late adopters of cryptocurrency. Most of these people don’t look at the technical specifications etc. of a coin. They mainly look at the popularity / positive news about the coin and the market value. Just like iPod is not necessarily the best mp3-player, but it is the best marketed and most popular. So I agree that there should be a good marketing campaign. Otherwise I am afraid that we will be left behind by other newer coins. As I already said, I am in for the $10 per person campaign. Also I mentioned earlier, an article on Coindesk or Cryptocoinsnews, a fundraising campaign…
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Guys keep the feedback coming. The more we brainstorm, the better it is. Also shameless plug. Join Reddit ftc exchange.
Add me on skype: [email protected] for the exchange
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[quote name=“ChekaZ” post=“53696” timestamp=“1390330520”]
[quote author=motherlode1 link=topic=7046.msg53695#msg53695 date=1390330270]
[quote author=mmyhre link=topic=7046.msg53693#msg53693 date=1390329402]
With the massive buy support at 0,00036 a move is bound to happen one way or another. I do not think a breakdown is very likely, but if the buy wall fails we could very well hit 0,00030 real quick.The other way whom is the more plausible way would have us see a very quick move towards 0,00060. Break that and we could have a very very funny rally.
Picked up 3000 FTC yesterday and thinking of picking up more today.
[/quote]http://i.imgur.com/DPh73X1.png
Look at the volume of FTC and then look at the first buy order. It is for 244 BTC. Its been there for a while now. If this is a real buy order that means that this man plans to basically buy half a million FTC essentially clearing the exchange of any FTC volume. 5 FTC says that half the buy orders are fake. Another 5 FTC says that this order will not go through. Send me your wallet address if you want to take part in this small bet with me.
[/quote]This buywall is definitly real. I’ve watched the progress and its eating the sells, and stays like a “wall”.
[/quote]http://i.imgur.com/WvZmWGZ.png
Told you it was fake. Been sitting like that for an hour. By now it would have been confirmed. The order meets both volume and price.
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It’s 14 BTC lower than your last pic so it seem to be still eating the sells and it will only do so as FTC becomes available at 00036, so unless someone put a sell order of of 635,000 FTC at 00036 right now the wall isn’t going anywhere quickly. If someone sells 1 BTC worth of FTC at 00036 right now it will sell into that wall and reduce it by 1 BTC.
So goes my understanding if it at any rate.
