[quote name=“justabitoftime” post=“2421” timestamp=“1368259147”]
…not sure how yet, maybe some massive coin giveaways…

[/quote]

That is exactly what you should do. You (the FTC team) probably hold millions of coins and you should pay miners the change the change they lose on profitability and voila - you have a lively coin again.

I suggested this in this thread yet the responses were negative. But thats exactly what you gotta do, otherwise the capital loses of dying coin will be much higher than this.

Too bad that many newb miners can only see current price of FTC, but they can’t see the fact that there is no way to sell 1milion coins + (btc sell order depth) at the current price, and that 75$ worht of ftc is 75$ worth of ftc only at this moment, and these 75$ are nothing compared to gain possible, if FTC was alive.

The second problem of FTC is of course premine, thats why I would not want to invest anything in FTC but something, that can give immediate payout.

I still wish you good luck, its a new type of economy and its fun to watch and learn, how things are going.

Well maybe 70$ is high price. But since i offered so high price, it got us all to thinking about it.

But what if offer would be to make it as profitable as LTC? Would then people be willing to pay? If a coin is unusuable, it loses value, so something has to be done about it, if you want to get it going.

And indeed 3,5khash is not much at all.

Still, the idea is out, and in my opinion those who hold lots of coins should donate to compensate the loss.

In the end, its up to your community to do what has to be done, and good luck with that.

Cool.

The reality is that million+ coins were mined in first 3 hours of FTC, so why would these 3 hours be worth more than 1 month of mining?

I can easily imagine someone who premined FTC and is stuck with 100k of them, pay such high price for something that is doomed to fail if there is nothing to start to run it.

And it shouldn’t be just me that should ask for a rate, others should too. Its own greed for those who lost money on ftc, and if you want to give a coin a value back, you need hash rate. Otherwise big whales will use the FTC network only to extract even more money from “noobs”. Now they will be buying at bottom, then they will jump in with their gpu farms to start network back, and catch even more naive people, who think that premined coin will only go up.

But yeah, generally mining other coins is more profitable, thats why FTC is dead atm.

…Offer deleted…

Hello all

I came to this forum with proposal. I hope it will turn out in good way for all involved.

Current hash rate ~3500khash/sec, but more power coming soon.