[quote name=“d2” post=“14109” timestamp=“1371127140”]
Atlas is very right with this idea from a brand recognition / marketing standpoint. I thought it would be cool to have a short url for one of my online businesses using the international tld extension as an abbreviation of part the actual company name and you would be amazed at how many people would google the site because they couldn’t remember it.
When you take that same aspect and apply it to an acronym where there are another 10 similar ones being pumped out every day it seems, not only are you lost in the crowd, but people that do see that acronym don’t care about it enough to see what it is. Hell, I’m one of those people now. When I look at the alternative crypto-currency board on bitcointalk, I don’t even look at the threads for the new coins anymore just because of the rate of release.
Actually typing out feathercoin would go a long way in making people remember it and encourage those who are unaware of it’s existence to check it out.
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Tuck was saying that he treats the XYZ’s as stock symbols and these contractions function better as such. I agree with him on that point, however, I want FeatherCoin to be more than just a day trader’s play thing (if only in the public’s mind). Establishing the FeatherCoin Marketplace goes a LONG way in this regard, except it’s a much more substantive way of doing it. If we commit to presenting FeatherCoin as being more than just FTC, we can influence the actions of those very same day traders who spend all day staring at charts and contractions. To them, it doesn’t really matter what the XYZ is, since they’re not going to be holding for more than a few hours. If this gives them even the slightest inclination to hold more FeatherCoins, then we can lighten the sell order-books and put pressure on the price to move upwards.