Feathercoin on the rise :-)
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[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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[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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[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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[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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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…? -
[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) -
another 1000btc buy order on btc-e @ 0.0004 ???
correction 1602btc
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[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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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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Hehe, people probably got fed up with him.
FTC/BTC trading at 0.00045 as of now. -
[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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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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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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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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[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 :DPrice 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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I’m still laughing my ass off between reading this thread and this one
http://forum.feathercoin.com/index.php/topic,7485.0.htmlJust waiting for the thread of people complaining that they sold too low. ::) ::) ::) ::) ::)
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[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.htmlJust waiting for the thread of people complaining that they sold too low. ::) ::) ::) ::) ::)
[/quote]+1
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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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[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 -
[quote name=“Pancrisp” post=“58493” timestamp=“1392134952”]
[quote author=Tuck Fheman link=topic=7536.msg58428#msg58428 date=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
[/quote]Not at all… I got 700kHash on my MSI 280x.
