Quote from: nodesupply on April 30, 2013, 02:15:32 AM

I've read a lot of different posts about the popularity of Feathercoin and I'm wondering where it has come from.

What is causes value for these coins to go up so rapidly? For Litecoin it offers another alternative to Bitcoin because is hashing algorithm is different, to name just one benefit.

Does anybody feel this block chain is a bad idea? A get rich quick scheme? It seems like the market is just fascinated by *coins at the moment so a lot of miners are dumping their CPU's and GPU's into Feathercoin in an attempt to cash in on it's initial introduction to various exchanges.

I'd like to hear your thoughts on why you support or do not support FC, and if you own any or plan on owning any in the near future.

It's most likely a pump and dump coin. I say that because so little was changed from where it originated from (litecoin). Long term I see it going nowhere for that reason. I think the next real alt-coin to gain lots of popularity like btc and ltc will either be one based on a different hashing method (non sha256/scypt) or with the mining completely removed.