Post
Topic
Board Altcoin Discussion
Re: [ARTICLE] The Future of Feathercoin [FTC]
by
aysyr
on 20/05/2013, 15:36:46 UTC


Why do people keep talking about loyalty? 99% of people treat mining as a buisiness. The goal of a buisiness, is to make money. period.

And what told me it was a business was the 2.4 million coins generated so early in the peice. - someone made out like bandits? , which is fine, but also there is the other side of that .

and that's something that you have to deal with as well.

comparision to Nyble :

Litecoin's 1st 12,096 blocks produced 604,800 LTC - though GPU mining wasn't released to the general public (but that's not it wasn't used)

Feathercoin's 1st 12,096 blocks produced 2,419,200 FTC

Nibble's 1st 12,096 blocks will produce 127,054 NIB


hmm this is why I support Nyble.



There is 4x more LTC than NIB. There is 4x more FTC than LTC. So the numbers aren't that far off. 1 NIB is = to approx 16 FTC in value which is fine and only right.

As far as the early adopters go, I think it's pretty safe to say that the majority of them  have already dumped their coins. This means that there's almost no value in the early adopter argument, as that advantage is gone by now. Most of the community and supporters are people jumped in mid-late in the game. Not to mention many people are still joining irregardless of the late game + the current difficulty.