Post
Topic
Board Announcements (Altcoins)
Re: Feathercoin [FTC]
by
marada
on 31/05/2020, 22:23:44 UTC
why price is going Down?

Because there are more people selling it than buying it.

I think there are a deeper reasons behind that:
1. The mining status of FTC is completely unclear. Public mining software was rendered obsolete years ago and is no longer actively developed.
2. Mining with general purpose hardware seems to be pretty pointless even when using private proprietary software.
3. The network became highly centralized what is against the principles of cryptocurrency.
All that is directly opposite to FTC and neoscrypt original promise.