Does it have any potential?
Could it Possibly get to where Namecoin is or gain some traction?
Any thoughts or observations?
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Does it have any potential?
Could it Possibly get to where Namecoin is or gain some traction?
Any thoughts or observations?
Honestly, anything is possible. These cryptos are absolutely insane. It's impossible to give an honest answer since no one really knows. Roll the dice if you want. See what happens.
It's extremely undervalued, beaten, and battered. It could be the death of this crypto, or a lot of upside potential.
Current price of Feathercoin is $0.50 to $0.55. I'm interested myself.
I think feathercoin is about to die, like terracoin just did. But, that's just my gut.
With feathercoin, how many is there? And how many could it be in total?
On BTC-e, trade volume to buy w/ BTC:Quote:
Originally Posted by madfranks
TRC = 59.47 BTC
FTC = 1,784.54 BTC
LTC = 5,917.59 BTC
It's got a lot of money behind it. Prices could higher. I wouldn't call it dead just yet.
336 Million.Quote:
Originally Posted by Neuro
How it works:
21 Million Bitcoins possible
4x as many Litecoins possible as Bitcoins = 84 Million
4x as many Feathercoins possible as Litecoins = 336 Million
Basically, if it had equal adoption it would be 1/16th the price of Bitcoin, or 6.25%.
I saw terracoin is getting taken off of btce, I think Dec 1. I put a little money into FTC, gonna see what happens.
I was watching a video on the bitcoin channel,FRC and FTC were his next "favorites" since money is rushing into cryptos.
http://www.youtube.com/watch?v=L_m2R...J168UCXJfJdNtQ
http://www.youtube.com/watch?v=L_m2R...J168UCXJfJdNtQ
Edit: He talks very briefly about FTC and FRC at about the 10:50 mark.
You may be onto something. I'm gonna play this trade myself.Quote:
Originally Posted by optionT
mickcoin about to take off to the moon ........ to the moon . i heard it maybe around a billion for one mickcoin
On BTC-e, trade volume to buy w/ BTC now:
FTC = 1,974.74 BTC
Quote:
Originally Posted by Shami-Amourae
Wow! That is HUGE!!!
I traded .5BTC earlier this morning for some FTC, we'll see if this has some legs!
Also, in the chart you posted, we're pretty much at its high, if we can break through the resistance, there could be some nice upside.
It happened. Feathercoin went from 0.00062 FTC/BTC to 0.00117 FTC/BTC.
Good call optionT.
I'm glad I listened, I put a lot into FTC because of this thread. Very good call. VERY good call! That's about a 89% increase in approximately 8 hours or so.
FTC has a lot of buzz now, and you nailed it pretty much at the bottom. I'm a FTC fan now. Damn, 89% in 8 hours. So awesome.
Pump this shit. Get everyone to buy FTC now.
:p
On BTC-e, trade volume to buy w/ BTC now:
FTC = 3,898.01 BTC
Alright I'm officially a Feathercoin bull now. I think it has the best upside potential and give it my blessings.
:)
Sorry Litecoin, we had a good run.
Yes! I feel the same as you, lol. I put a few more BTCs in after my intial post, and may consider 1 more possibly. The rest of the BTCs are never to be touched!Quote:
Originally Posted by Shami-Amourae
UK Bitcoin-Buying Service Bittylicious Adds Feathercoin
Marc Warne, CEO at Bittylicious, is keen to support Britain’s burgeoning cryptocurrency feathercoin, planning to offer it on his website next month.
This digital currency hails from Oxford, under the leadership of Peter Bushnell. He started feather coin*in April 2012, in order to set up a currency that revolved primarily around a community.
Warne says of the feathercoin team:
“I liked their attitude. They are trying to build a functioning economy and ecosystem and there are a few places in Oxford that accept feathercoin already. They have a couple of pubs and a bike repair shop, it’s good to see it has a physical presence there.”
http://www.coindesk.com/uk-bitcoin-s...s-feathercoin/
I hate the name "Feathercoin", but it has very good programming and setup. Using a name like "Feathercoin" makes me not have faith it will ever seriously catch on, but in the meantime its a good wave to ride to get more Bitcoins in the future.
If I made my own virtual currency I'd simply call them "Credits", or something very basic and simple like that.
Hey Shami-
Whats your price target for FTC, or when will you bail out of it? Are you looking to double, 3x, 5x, etc?
It would've been a nice time to sell when it hit $1.30ish, but my timing has never been good!
I've learned with cryptos its better to hold and wait.Quote:
Originally Posted by optionT
I profited when I sold half of my Litecoins @$3.80, but was that a "clever" move? You're not smarter than the market. Just buy and hold. If you want to get into another crypto, add new funds.
Always buy and hold? The stars the limit? This is typical bubble think... And it is the reason why so many get burned, once it bursts, cause "it is just a temporary pull back", sure you benefit and are rewarded for bubble think as long as the bubble continues to be inflated. But one day they just go POOF!Quote:
Originally Posted by Shami-Amourae
Quote:
Originally Posted by Neuro
I sold most of my Bitcoins around $4-18 at a profit. They then went up to about $1250.
I sold most of my Litecoins around $3.80 at a profit. They then went up to about $50.
Both were horribly bad moves, in hindsight. I'm saying this based on my experiences.
How many previous bubble manias have you participated in? Do you remember the details of the Internet bubble ca 1998-2000?Quote:
Originally Posted by Shami-Amourae
Sell half when you've doubled, then double down with the rest until you've made 4x those.
The 4x cashout you can then use to buy back in if it keeps expanding into new bubble territory.
I do, and I don't remember being able to purchase equipment or services with Cisco stock. :rolleyes:Quote:
Originally Posted by Neuro
Everyone back then knew Cisco, yahoo, Microsoft, Apple, etc. Go to the average Joe on the street and ask him or her what is a Bitcoin. No where near a bubble at the moment. When everyone knows about it inside and out, then it's time to reconsider your holdings and looking to get out before the rush to the exits. That is if you're into investment. If you're in it for the idea and promotion behind it, you won't sell.
I'm in my 20s. I don't think Bitcoin is a bubble. Cryptocurrencies are not going away. It's going up with the adoption rate. I don't even want to tell any of my cryptocurrencies for cash.Quote:
Originally Posted by Neuro
Hate it all you want but you're missing out on something that is not going away. You'll eventually accept it, but you'll be buying in when the prices are $10,000 or maybe $100,000 a Bitcoin.
Agreed, its a decentralized solution to a centralized power problem is what it really boils down to. It could of been anything really, but this is the free market looking to get away from being centrally managed and centrally controlled.Quote:
Originally Posted by Shami-Amourae
The sad thing is I'm starting to think Bitcoin is literally destroying the precious metals market. The Liberty community is being split in half. The younger generations who are more tech savvy are going for cryptos and the older generations are thinking WTF is this shit?! A lot of the money is going into cryptos while bankers and older generation Truthers hold onto Gold/Silver when that may not be the future after all. If cryptos actually work there will be no more bankers. They will go the way of horse and carriage. No more Rothschild scum.Quote:
Originally Posted by Ares
In other words precious metals may not be the safe haven, but it actually may be cryptos.
Yeah...you will always find even greater fools to pay you $100,000 for your Bitcoins. The supply of fools who actually have a hundred thousand dollars to spend on your Bitcoins is unlimited.Quote:
Originally Posted by Shami-Amourae
:rolleyes:
Quote:
Originally Posted by Neuro
Exactly.
There is definitely a split going on. I'm still a big believer in gold and silver. Why I won't be selling any of those either. But you have to diversify, and evolve. I know with all the reading and research I've done that even IF there were to be a gold backed currency they would still control it. With this, at least in its current form they cannot control it. I saw an article yesterday where the Bank Of England proposed backing Bitcoins with Gold. Backing means control, enough said. They own the vast majority of it, and will make the rules they see fit to continue their positions. That isn't going to change unless we stop playing their game.Quote:
Originally Posted by Shami-Amourae
And if your gold goes to 100,000 an ounce you'll find someone who will give you 100,000 FRN's for it? :rolleyes:Quote:
Originally Posted by Jewboo
I mainly hold alt-cryptos. I don't even one a whole Bitcoin.Quote:
Originally Posted by Jewboo
Maybe younger generations just have a lesson to learn? I don't hate bitcoins, it is a bubble, it is not different this time compared to the millennium Internet bubble, the PM-bubble of 1979-80, the stock market bubble of late 20's, or the tulip bulb bubble of 17th Century Holland, a few made a fortune, a lot more lost a lot, some everything. Can bitcoins go up to $10,000 or even $100,000? Yes, it is possible, but I am not going to line up to buy it then either. It has no substance. I don't buy something without substance, and its fluctuations makes it a terrible choice of medium of exchange...Quote:
Originally Posted by Shami-Amourae
If you betting on individual coins that all do the same thing, holding onto any of them for the sake of the overall markets demand, is neglecting the requirement for a simple solution. Netscape browser is a good example of when someone else comes along and does the same thing better than you. Bitcoin itself is due to run into a wall and have to deal with competition soon.
Absolutely Free markets (in this case open source) are most vulnerable to centralization, unless there is a proprietary market that they are well established to operate in solely, a larger centralized free fish will come and gobble up all the smaller fish. Windows is a good example.
What these fundamentally provide is a utility to move money freely, one has to price the market based at what it costs to move the money now. E-coins are not money, they are utility to currency.
Gold and silver are also now silly "investments". Just ask Mamboni. Buy ammo now because the population is so insane they think Bitcoins will soon be worth $100,000. Just observe how quickly "Gold-Silver.US" has become "Bitcoin-US".Quote:
Originally Posted by Ares
:rolleyes: I'm "investing" in ammo now
I'm afraid you may be right. Precious metals aren't going anywhere as long as the digital currency mania is in progress.Quote:
Originally Posted by Shami-Amourae
It really might be time to sell gold and silver.
I don't think the younger generations ever really got the idea of precious metals.
The stock market crowd sure doesn't care about PM's.
Who does that leave to buy metals...a shrinking middle class of baby boomers with stagnant wages?
It looks like the money has moved on to bigger and better.
If the Goldman Sachs Jews are right, they're going to take gold down below $1,000. Where does the put silver...$14/$15?
http://smhttp.23575.nexcesscdn.net/8...adquarters.jpg
BITCOIN CREATOR AND MINING CENTER
:rolleyes: who has the most data processing power to "Mine" Bitcoins?
You can keep calling it a bubble until your blue in the face. A bubble is when the vast majority of the people know about it. Its still far from a bubble, or even a mania. Current exchange volumes the world over preclude it from being a bubble. Less than 3% of the 12 million of Bitcoins that currently exist are traded on a daily basis. How is that a bubble? Even by the examples you listed that still doesn't compare to a bubble.Quote:
Originally Posted by Neuro
I understand the no substance part, and you're right. You can't hold it, see it, or even touch it. (although there are physical coins that's beside the point) That is a limitation or hurdle that will prevent early adoption by those who can't do the above. But that still doesn't negate it's usefulness.
You can't sit there and tell any of us here that Gold and Silver are not manipulated in favor of those who think they rule us. If they created a backed currency, how would it change when they determine the value?
The wild fluctuations you are seeing are birth pains. You think the dollar was stable when it was first introduced? Even with a gold backing? Silver dropped dramatically when the comstock load was discovered. That wasn't just within the U.S. either that was globally.
Gold and Silver are a store of value, always have been, always will be. But the market is determining due to outright control and manipulation of those currencies that it will decide to use something else.
Central banks do not like crypto currencies and keep warning people to stay away. Do you want to be seen in the same light as they? They who have controlled our monetary system for the past 300 years while they enrich themselves and their families at the expense of yours?
Look, Book and his useless pictures again. :rolleyes:Quote:
Originally Posted by Jewboo
You have no idea what equipment is required for mining. Since ASIC's have come into the mining game, one mining pool alone has more processing power than the top 500 worlds super computers COMBINED.
But keep thinking it's controlled and mined by the NSA. :rolleyes: