Post
Topic
Board Altcoin Discussion
Re: [Critical Update] Feathercoin 0.6.4 - Hard Fork at block 33,000
by
Kevlar
on 16/05/2013, 06:44:29 UTC
Finnaly SOME hope for this otherwise dying coin.

This fork just cures the symptoms of the dying coin, doesn't address the actual disease.

Death by further inflation of coin supply (this new fork)

OR

Death by really low hash/transfer rate (current fork)

Pick your poison. There really isn't much other options for FTC.




That logic doesn't add up, nor does it match what has happened to other coins in similar situations. Feathercoin continues to be viable for the simple fact that it has a VERY active community who is leading it's adoption in all the same ways the Bitcoin community did in the early days of Bitcoin. I've watched the forums grow from 100 members to 700, I've seen it get adopted more rapidly in exchanges than any other coin as a result, and I continue to see massive progress with regards to both it's innovation as a coin and it's expansion through marketing and coding. This inflation you speak of is simply getting it back to the rate it was SUPPOSED to be at in the first place, and KEEPING it there. That's the reason for the fork, and that's the reason why it continues to be viable while other coins wither and die on the vine.

I've seen plenty of alt-coins come and go. I've never seen a community this strong in this short a time frame around one, and it continues to expand.

Don't believe? Don't buy it while the price is dirt cheap. Wait 3 months and see who was right.