Re: [BTC][LTC][FTC][TRC][PPC][NMC][IXC][NVC][FRC][BTE][BQC]Why Feathercoin will fail
I'm not a proponent of Feathercoin because I think it dilutes the crypto currencies in existence already.
Bitcoin already has the highest market penetration, with litecoin coming in second.
Feathercoin is very new to the game. For a Litecoin miner (who was once a Bitcoin miner), why stop mining LTC? It's still quite profitable.
Bitcoin already has the highest market penetration, with litecoin coming in second.
Feathercoin is very new to the game. For a Litecoin miner (who was once a Bitcoin miner), why stop mining LTC? It's still quite profitable.
Want a reason?
http://www.coinchoose.com/
That chart is exactly the reason why I laugh at idiots that are buying FTC... it's incredibly overvalued, in a place where we don't have idiots buying hype, all cryptos should be at 100% with very slight variations.
The world you describe doesn't exist.
And as for being incredibly overvalued...The markets will determine that.. don't worry.
There are better arguments for it being undervalued right now.