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    Feathercoin on the rise :-)

    Feathercoin Discussion
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    • P
      PolybiusSquare last edited by

      [img]http://i.imgur.com/z2z5e7H.jpg[/img]

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      • K
        Kevlar Spammer last edited by

        [quote name=“PolybiusSquare” post=“58388” timestamp=“1392087802”]
        [img]http://i.imgur.com/z2z5e7H.jpg[/img]
        [/quote]

        You get +1 rep for that one sir.

        But let’s be real for a second: You have it exactly right. You’re hedged against Bitcoin. But Bitcoin isn’t going anywhere. It’s not going to zero, and it’s showing a LOT of staying power around 700, despite the fact that this time last year it was under 100. You should be really clear that Bitcoin is going to come back, and when it does FTC is very likely to go back down against it, simply because it’s not nearly as well adopted.

        This is where the smart people sell FTC, and the not so smart ones buy FTC. In two weeks, you’ll be hearing “When is FTC coming back?” again from the latter half of that group, and in 3-6 months, when BTC crashes again, is of course the answer.

        These things are cyclic. The ONLY sure bet you can reasonably make is that fiat will continue to inflate, and crypto will continue to be adopted.

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        • P
          PolybiusSquare last edited by

          [quote name=“Kevlar” post=“58390” timestamp=“1392088581”]

          You get +1 rep for that one sir.

          But let’s be real for a second: You have it exactly right. You’re hedged against Bitcoin. But Bitcoin isn’t going anywhere. It’s not going to zero, and it’s showing a LOT of staying power around 700, despite the fact that this time last year it was under 100. You should be really clear that Bitcoin is going to come back, and when it does FTC is very likely to go back down against it, simply because it’s not nearly as well adopted.

          This is where the smart people sell FTC, and the not so smart ones buy FTC. In two weeks, you’ll be hearing “When is FTC coming back?” again from the latter half of that group, and in 3-6 months, when BTC crashes again, is of course the answer.

          These things are cyclic. The ONLY sure bet you can reasonably make is that fiat will continue to inflate, and crypto will continue to be adopted.
          [/quote]

          Thanks ;)

          Indeed. I would say 60% of my portfolio is Delta neutral or Delta hedged in nature - I actively trade/hedge to keep it that way. The other 40% is simply diversified in BTC, LTC, and FTC long term - they partially offset each other naturally of course, but ultimately I am not concerned with the cyclic nature of that portion of my portfolio.

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          • K
            Kevlar Spammer last edited by

            [quote name=“PolybiusSquare” post=“58395” timestamp=“1392091823”]
            [quote author=Kevlar link=topic=7536.msg58390#msg58390 date=1392088581]

            You get +1 rep for that one sir.

            But let’s be real for a second: You have it exactly right. You’re hedged against Bitcoin. But Bitcoin isn’t going anywhere. It’s not going to zero, and it’s showing a LOT of staying power around 700, despite the fact that this time last year it was under 100. You should be really clear that Bitcoin is going to come back, and when it does FTC is very likely to go back down against it, simply because it’s not nearly as well adopted.

            This is where the smart people sell FTC, and the not so smart ones buy FTC. In two weeks, you’ll be hearing “When is FTC coming back?” again from the latter half of that group, and in 3-6 months, when BTC crashes again, is of course the answer.

            These things are cyclic. The ONLY sure bet you can reasonably make is that fiat will continue to inflate, and crypto will continue to be adopted.
            [/quote]

            Thanks ;)

            Indeed. I would say 60% of my portfolio is Delta neutral or Delta hedged in nature - I actively trade/hedge to keep it that way. The other 40% is simply diversified in BTC, LTC, and FTC long term - they partially offset each other naturally of course, but ultimately I am not concerned with the cyclic nature of that portion of my portfolio.
            [/quote]

            You do your fellow FTC brothers a great service by helping them to understand the wisdom of this strategy. Buy and hold with diversification based hedging. We can say you knew us when in 20 years when you own your own private island.

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            • T
              Tuck Fheman last edited by

              [quote name=“jti8899” post=“58331” timestamp=“1392075165”]
              [quote author=prensel link=topic=7536.msg58317#msg58317 date=1392072933]
              [quote author=RaccoonPete link=topic=7536.msg58311#msg58311 date=1392072760]
              Mine another coin temporarily and convert it to FTC. Its been working well for me so far! By doing that it increases FTC’s value and your coins will be more diverse.
              [/quote]

              Doing the same here, give’s me between 30% and 70% more FTC than mining directly on FTC…

              [/quote]

              What are good alts to mine in place of FTC?
              ~//~
              [/quote]

              Vertcoin

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              • D
                Davidzwiet last edited by

                Ok this looks very good on BTC-E…
                But what explane3s this huge rise at 00.30 hrs? Is it true that
                there are just a few with a lot of capacity that influence this whole thing?
                Anybody knows if we are gonna continue this rise…?

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                • P
                  Pancrisp last edited by

                  [quote name=“Tuck Fheman” post=“58428” timestamp=“1392105398”]
                  [quote author=jti8899 link=topic=7536.msg58331#msg58331 date=1392075165]
                  [quote author=prensel link=topic=7536.msg58317#msg58317 date=1392072933]
                  [quote author=RaccoonPete link=topic=7536.msg58311#msg58311 date=1392072760]
                  Mine another coin temporarily and convert it to FTC. Its been working well for me so far! By doing that it increases FTC’s value and your coins will be more diverse.
                  [/quote]

                  Doing the same here, give’s me between 30% and 70% more FTC than mining directly on FTC…

                  [/quote]

                  What are good alts to mine in place of FTC?
                  ~//~
                  [/quote]

                  Vertcoin
                  [/quote]

                  Shhhh!
                  Vertcoin’s a gold mine ;D
                  About $4 a coin now (Cryptsy)

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                  • N
                    netnerd Regular Member last edited by

                    another 1000btc buy order on btc-e @ 0.0004 ???

                    correction 1602btc

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                    • P
                      Pryderi Regular Member last edited by

                      [quote name=“netnerd” post=“58443” timestamp=“1392116495”]
                      another 1000btc buy order on btc-e @ 0.0004 ???

                      correction 1602btc
                      [/quote]

                      Indeed, he just added another k! :)

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                      • E
                        eaxvac Regular Member last edited by

                        We’ll be good if that whale is going for long term.

                        We’ll crash next week if he’s going to dump them for profit ???

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                        • P
                          Pancrisp last edited by

                          Hehe, people probably got fed up with him.
                          FTC/BTC trading at 0.00045 as of now.

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                          • E
                            eaxvac Regular Member last edited by

                            [quote name=“Pancrisp” post=“58451” timestamp=“1392118004”]
                            Hehe, people probably got fed up with him.
                            FTC/BTC trading at 0.00045 as of now.
                            [/quote]

                            the wall above the whale is still as thin as an ice sheet, but baby steps! :D
                            Once that sustain itself, we’ll be going back to 0.001 easily.

                            Granted that the whale doesn’t pull within 1~2 weeks… his wall can have psychology effect on others purchasing it ;D

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                            • P
                              PL_CoinTrader last edited by

                              I sold a few Feathercoins at .0004 to rebuy them at .0003 or so. This is obviously just a pump and I think this won’t last for a long time. I mean look at the changes of the top Cryptos: [img]http://i.imgur.com/ZIHNl7w.jpg[/img]

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                              • wrapper
                                wrapper Moderators last edited by

                                Great thread, Multipools, leaches, Pump and Dump, mine other alt coins, exchanges, whales. Covers just about all you need to know!

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                                • D
                                  dvsmasta Regular Member last edited by

                                  A large amount of the sell walls are being taken down - just watch the order book. This reminds me of when FTC did shoot up in november. If the orderbook sells falls to 1-2 million total it could jump quickly.

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                                  • E
                                    eaxvac Regular Member last edited by

                                    [img]http://imageshack.com/a/img822/9296/ls2i.jpg[/img]

                                    Like Bitcoin, Litecoin. With every pump, we’ll skyrocket and then fall back to earth.
                                    But each fall that doesn’t kill it, it simply gets stronger and stronger :D

                                    Price is gradually increasing over time…

                                    Remember Litecoin at $48? Its back to mean now $19, but its way higher than before it is pumped. $1.

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                                    • P
                                      pyxis last edited by

                                      I’m still laughing my ass off between reading this thread and this one
                                      http://forum.feathercoin.com/index.php/topic,7485.0.html

                                      Just waiting for the thread of people complaining that they sold too low. ::) ::) ::) ::) ::)

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                                      • P
                                        Pryderi Regular Member last edited by

                                        [quote name=“Pyxis” post=“58466” timestamp=“1392122119”]
                                        I’m still laughing my ass off between reading this thread and this one
                                        http://forum.feathercoin.com/index.php/topic,7485.0.html

                                        Just waiting for the thread of people complaining that they sold too low. ::) ::) ::) ::) ::)
                                        [/quote]

                                        +1

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                                        • wrapper
                                          wrapper Moderators last edited by

                                          Good News, the price of the latest Graphics cards is going up! Gamers are complaining there are too many miners buying them up. …

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                                          • P
                                            Pancrisp last edited by

                                            [quote name=“Tuck Fheman” post=“58428” timestamp=“1392105398”]
                                            [quote author=jti8899 link=topic=7536.msg58331#msg58331 date=1392075165]
                                            [quote author=prensel link=topic=7536.msg58317#msg58317 date=1392072933]
                                            [quote author=RaccoonPete link=topic=7536.msg58311#msg58311 date=1392072760]
                                            Mine another coin temporarily and convert it to FTC. Its been working well for me so far! By doing that it increases FTC’s value and your coins will be more diverse.
                                            [/quote]

                                            Doing the same here, give’s me between 30% and 70% more FTC than mining directly on FTC…

                                            [/quote]

                                            What are good alts to mine in place of FTC?
                                            ~//~
                                            [/quote]

                                            Vertcoin
                                            [/quote]

                                            Hey Tuck,

                                            Is it normal for the hashrate is be like 33% of the hashrate when mining scrypt coins?
                                            I’m getting like 300khash/sec on my 280X

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