Post
Topic
Board Altcoin Discussion
Re: BREAKING: Feathercoin just hit BTC-e
by
skull88
on 02/05/2013, 18:03:48 UTC
This is actually making me look at LTC in a bad light too, for the first time ever. It's kind of altered my opinion of it.

If it's this easy for some week old coin to be instantly accepted at the major ALT coin exchanges...

I now see why old Bitcoiners think all ALT coins are pump and dumps... even Litecoin.

Because they are..

Maybe I will rethink using anything but Bitcoin if this is what the ALT community is all about.
I'm an old Bitcoiner, not all of us think all ALT coins are pump and dumps. Litecoin has changes, PPC is totally different and I'm really looking forward to proof of folding (if it can be accomplished). Alts are a great test environment for new ideas that you can't just put in Bitcoin to see if it is something. If it can bring something extra to the cryptocurrencie world it will survive and will have a slow but steady growth, just like BTC had. LTC follows the same path as BTC, never was ltc after a few days worth this amount of money, never was it spammed everywhere and I don't think many people thought it would get this value. There aren't many big wallets around, there are more big btc than ltc wallets.

So I really don't know how your feeling for Litecoin can change because of Feathercoin, but I got to say, in the beginning I thought Feathercoin was pretty funny and saw it like bytecoin, as a funny jokecoin. Now that it's starts to look like a well put up scam, with a lot of new users burning real money, it starts to taste a little bit bitter. People who want to throw 46BTC at it while they have almost no experience with cryptocurrencies make me shiver too. And I still suspect a lot of accounts are made to praise ftc too, less than one month old and only posting praises about ftc and making one topic after another makes me suspicious. This never happened with LTC, else I wouldn't be posting this because Litecoin would be death. Wink