Slipping ..
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Totally agree about cash flow. It’s a perfect technology for small business. But the butcher, the baker and candle stick maker needs a fiat off ramp suitable for the tech illiterate.
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Are there FTC bounties in place for particular services or client applications? Maybe what needs to happen is that we recognize that FTC is the perfect playground for developing services that can be turned on easily to more highly valued (and therefore prone to less freedom to try ideas and fail). This could also apply to crypto ideas, but I’m talking more about services - you know, things that make regular folks more comfortable using it. As an example, of most people were aware of the house of cards that is credit card processing, I doubt they’d use them. I doubt even more people would use them if they had to navigate this mess themselves. Things like credit cards and moreso Pay Pal hide all the nasty bits - and truthfully regular folks don’t care how their credit or debit cards work, they just care that they do. So thinking of FTC and CC as simply alternate payment networks and putting a familiar face on the would do a lot of good.
tldr below; most consumers don’t give a shit about how payment networks work, and they don’t give a shit about CC technology (where as we clearly do). The first payment network (i.e., coin) to realize this will likely be the first one to make it in every teenage girl’s wallet.
And this is this is how I have begun thinking about crypto - alternate payment networks. Coins are really just buckets in his network, buckets which have/carry value - subject to the law of supply and demand, therefore commanding “fiat” or “real” (to most people) money.
I don’t see why there won’t eventually be debit (or even credit) card networks powered by one CC or another. Behind the scenes are CCs at work - and a low level and technical trading floor that treats the buckets carrying value across the network as a commodity. But post people don’t see that, they still see a USD or Pound or Euro balance or whatever.
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[quote name=“MTRisner” post=“57919” timestamp=“1391867015”]
I was going to wait and make some sort of announcement, but this seems like an appropriate time/place. As some may know, I work at a screen printing shop in Jackson, MI. We’ve started accepting FTC and some other CCs on one of our t shirt websites. [b]Starting next week, we will be accepting FTC for anything that we sell at the shop[/b]. Custom orders and our other shirt websites included. I will be getting some signage going and integrating a 3rd party service to make the transactions run smoothly starting Monday.We’re just one small brick and mortar shop, but merchant adoption is going to be huge moving forward.
[/quote][img width=300]http://www.reactiongifs.com/r/clarity.gif[/img]
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[quote name=“HopeStillFlies” post=“57895” timestamp=“1391842008”]
[quote author=Pyxis link=topic=7485.msg57893#msg57893 date=1391836064]
I see these price drops as a feathercoin community sieve
[/quote][img]http://media-cache-ak0.pinimg.com/236x/57/b8/dd/57b8dd2b4535425f172031efff6820f7.jpg[/img]
[/quote]It is and its meant to be, but I have seen this same old shit since April last year, anytime things aren’t going the fairyland way.
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[quote name=“Ignition75” post=“57918” timestamp=“1391865103”]
I would love to run the FTC Market, stock it with crypto mining equipment, order in from China in bulk and drip feed it out to get people buying FTC…Being in Australia though I’m not sure people are going to want to cover the postage costs…
[/quote]Once more, a topic with a “negative” title becomes place to some excellent ideas!
The idea you state above ignition75 has come to my mind, problem being funds do to so. But, if anyone has FIAT who is willing to invest in FTC, instead of buying FTC directly in some exchange, that person could buy wanted items (maybe mining gear or electronics or something else) and place them in the FTC market. When they sell, that person will get the FTC anyways, but will also have helped the FTC market.
That being said, Ignition75, if you have the FIAT and will to put into action that idea I quoted above, then by all means don’t be stopped by postage costs! Not sure what postage prices are in Australia but probability is that you can sell those items to Europe and US at a decent price. But better still, you could make some arrangement with one of the trusted fellows of our community (someone from the staff) so that they ship from Europe (with lower costs) and then pay you…
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[quote name=“Thytos” post=“58109” timestamp=“1391967559”]
[quote author=Ignition75 link=topic=7485.msg57918#msg57918 date=1391865103]
I would love to run the FTC Market, stock it with crypto mining equipment, order in from China in bulk and drip feed it out to get people buying FTC…Being in Australia though I’m not sure people are going to want to cover the postage costs…
[/quote]Once more, a topic with a “negative” title becomes place to some excellent ideas!
The idea you state above ignition75 has come to my mind, problem being funds do to so. But, if anyone has FIAT who is willing to invest in FTC, instead of buying FTC directly in some exchange, that person could buy wanted items (maybe mining gear or electronics or something else) and place them in the FTC market. When they sell, that person will get the FTC anyways, but will also have helped the FTC market.
That being said, Ignition75, if you have the FIAT and will to put into action that idea I quoted above, then by all means don’t be stopped by postage costs! Not sure what postage prices are in Australia but probability is that you can sell those items to Europe and US at a decent price. But better still, you could make some arrangement with one of the trusted fellows of our community (someone from the staff) so that they ship from Europe (with lower costs) and then pay you…
[/quote]Thing is, you don’t even have to tie up your fiat. You can spend the fiat only when someone orders something and it ships.
By that same token, though, if more than a few people do it you can wind up with a marketplace that is too derivative and will be “cluttered with junk” only now it’s junk that someone didn’t put blood, sweat, tears and capital into.
Eff it, I’ll be borrowing a credit card and doing this tomorrow. See you all in yet another “what do you guys want” thread.
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[quote name=“HopeStillFlies” post=“58112” timestamp=“1391968430”]
[quote author=Thytos link=topic=7485.msg58109#msg58109 date=1391967559]
[quote author=Ignition75 link=topic=7485.msg57918#msg57918 date=1391865103]
I would love to run the FTC Market, stock it with crypto mining equipment, order in from China in bulk and drip feed it out to get people buying FTC…Being in Australia though I’m not sure people are going to want to cover the postage costs…
[/quote]Once more, a topic with a “negative” title becomes place to some excellent ideas!
The idea you state above ignition75 has come to my mind, problem being funds do to so. But, if anyone has FIAT who is willing to invest in FTC, instead of buying FTC directly in some exchange, that person could buy wanted items (maybe mining gear or electronics or something else) and place them in the FTC market. When they sell, that person will get the FTC anyways, but will also have helped the FTC market.
That being said, Ignition75, if you have the FIAT and will to put into action that idea I quoted above, then by all means don’t be stopped by postage costs! Not sure what postage prices are in Australia but probability is that you can sell those items to Europe and US at a decent price. But better still, you could make some arrangement with one of the trusted fellows of our community (someone from the staff) so that they ship from Europe (with lower costs) and then pay you…
[/quote]Thing is, you don’t even have to tie up your fiat. You can spend the fiat only when someone orders something and it ships.
By that same token, though, if more than a few people do it you can wind up with a marketplace that is too derivative and will be “cluttered with junk” only now it’s junk that someone didn’t put blood, sweat, tears and capital into.
Eff it, I’ll be borrowing a credit card and doing this tomorrow. See you all in yet another “what do you guys want” thread.
[/quote]great idea! +1 :D
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Price just jumped on btc-e with 300 btc wall
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Crikey! Not a good time to have some of my FTC stuck in limbo with Cryptsy >:(
*shakes fist*
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[quote]it’s liek a gawage sale up in heah[/quote]
Alright, just did my part real quick to alleviate that:
[url=https://feathercoinmarket.com/item.php?id=2563]Android Tablet[/url]
[url=https://feathercoinmarket.com/item.php?id=2562]Android TV Stick[/url]I’ve listed these [i]at cost[/i].
[quote]wtf y wud u do that not biz101 fookin stupid[/quote]
Because I have confidence in the value of a FTC increasing.
Ta-da~
I’ll list more as I go.
Found a place that does free international shipping, too, so whether you’re from US or Europe or wherever, knock yourself out.
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over 900btc on the buy for FTC .
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[quote name=“HopeStillFlies” post=“58267” timestamp=“1392067237”]
[quote]it’s liek a gawage sale up in heah[/quote]Alright, just did my part real quick to alleviate that:
[url=https://feathercoinmarket.com/item.php?id=2563]Android Tablet[/url]
[url=https://feathercoinmarket.com/item.php?id=2562]Android TV Stick[/url]I’ve listed these [i]at cost[/i].
[quote]wtf y wud u do that not biz101 fookin stupid[/quote]
Because I have confidence in the value of a FTC increasing.
Ta-da~
I’ll list more as I go.
Found a place that does free international shipping, too, so whether you’re from US or Europe or wherever, knock yourself out.
[/quote]You’ll have to wait for the whale to leave. 8)
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Correction:
941 BTC buy wall at .0004…
Other than my extreme faith in FTC
Why is this happening all of a sudden?
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[quote name=“MrWyrm” post=“58275” timestamp=“1392068123”]
[quote author=HopeStillFlies link=topic=7485.msg58267#msg58267 date=1392067237]
[quote]it’s liek a gawage sale up in heah[/quote]Alright, just did my part real quick to alleviate that:
[url=https://feathercoinmarket.com/item.php?id=2563]Android Tablet[/url]
[url=https://feathercoinmarket.com/item.php?id=2562]Android TV Stick[/url]I’ve listed these [i]at cost[/i].
[quote]wtf y wud u do that not biz101 fookin stupid[/quote]
Because I have confidence in the value of a FTC increasing.
Ta-da~
I’ll list more as I go.
Found a place that does free international shipping, too, so whether you’re from US or Europe or wherever, knock yourself out.
[/quote]You’ll have to wait for the whale to leave. 8)
[/quote]Oh, yeah, no sweat. I was working on this without knowing what was going on. They’re pinned to fiat value anyway.
er I mean
I TOLD YOU ALL IT WOULD GO UP I TAKE FULL CREDIT AND RESPONSIBILITY FOR IT
MAGIC LISTINGS!
MAAAAGIC!
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Heheh!
By the way, I have followed HopeStillFlies example and have added some interesting items to the market, please check them out! :)
And HopeStillFlies, check your inbox :)
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[quote name=“Thytos” post=“58109” timestamp=“1391967559”]
[quote author=Ignition75 link=topic=7485.msg57918#msg57918 date=1391865103]
I would love to run the FTC Market, stock it with crypto mining equipment, order in from China in bulk and drip feed it out to get people buying FTC…Being in Australia though I’m not sure people are going to want to cover the postage costs…
[/quote]Once more, a topic with a “negative” title becomes place to some excellent ideas!
The idea you state above ignition75 has come to my mind, problem being funds do to so. But, if anyone has FIAT who is willing to invest in FTC, instead of buying FTC directly in some exchange, that person could buy wanted items (maybe mining gear or electronics or something else) and place them in the FTC market. When they sell, that person will get the FTC anyways, but will also have helped the FTC market.
That being said, Ignition75, if you have the FIAT and will to put into action that idea I quoted above, then by all means don’t be stopped by postage costs! Not sure what postage prices are in Australia but probability is that you can sell those items to Europe and US at a decent price. But better still, you could make some arrangement with one of the trusted fellows of our community (someone from the staff) so that they ship from Europe (with lower costs) and then pay you…
[/quote]A great idea… OK I’ve been scouring Alibaba for days now, I’ve almost settled on a supplier for 20cm, 30cm and 50cm powered riser cables, before I push the button I’ll put a shout out to see if anyone European based is willing to be a partner. I’m happy to fund it, it’s a good investment…
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[quote name=“HopeStillFlies” post=“58267” timestamp=“1392067237”]
[quote]it’s liek a gawage sale up in heah[/quote]Alright, just did my part real quick to alleviate that:
[url=https://feathercoinmarket.com/item.php?id=2563]Android Tablet[/url]
[url=https://feathercoinmarket.com/item.php?id=2562]Android TV Stick[/url]I’ve listed these [i]at cost[/i].
[quote]wtf y wud u do that not biz101 fookin stupid[/quote]
Because I have confidence in the value of a FTC increasing.
Ta-da~
I’ll list more as I go.
Found a place that does free international shipping, too, so whether you’re from US or Europe or wherever, knock yourself out.
[/quote]Who, what, when, how??? Sounds perfect…
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I don’t dare to get in yet :( in a whale pump like this, once the orders are out. You’ll be trapped…
but this whale is bringing is something we long hoped for! A price increase…
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Difficulty has risen substantially these past 2 days, price may soon to follow. The sell wall is still there, as everyone can clearly see. Does anybody know if the popularity of feathercoin has increased, or just a random spike in hashrate?
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[quote name=“qwertybo” post=“58401” timestamp=“1392093625”]
Difficulty has risen substantially these past 2 days, price may soon to follow. The sell wall is still there, as everyone can clearly see. Does anybody know if the popularity of feathercoin has increased, or just a random spike in hashrate?
[/quote]I’ve talked about this many times before: difficulty is a lagging indicator of price. If the price goes up, the difficulty HAS to go up to justify the price, otherwise the price will come down.
Recently BTC took a hit, and whenever this happens, alt-coins tend to rise against USD which reflects traders hedging their BTC bets. The difficulty spike is coming on to justify the new price, which as we all knew well before now was manipulated lower than it should be. If you look at the price gains and the difficulty gains, you’ll see these are highly correlated. If the price of BTC skyrockets again, you can expect the price of FTC against BTC to come back down, and with it, difficulty.
All of this is the sign of a VERY vibrant and healthy free market in operation.