Quote from: CatKiwi on June 17, 2014, 04:34:42 AM

Quote from: spartak_t on June 17, 2014, 04:29:10 AM

Quote from: CatKiwi on June 17, 2014, 04:17:16 AM

Quote from: spartak_t on June 17, 2014, 04:02:49 AM

Quote from: CatKiwi on June 17, 2014, 03:48:31 AM

Quote from: spartak_t on June 17, 2014, 02:45:00 AM

Quote from: CatKiwi on June 17, 2014, 02:21:29 AM

Quote from: spartak_t on June 17, 2014, 01:41:46 AM

Quote from: CatKiwi on June 16, 2014, 11:08:56 PM

Any update on actual features being worked on? All i see is talk about being listed to exchanges. That's great but can we please get some idea of what is being worked on with this coin? i.e. why should people buy it?

We were FAILed by some people which didn't kept their promises, but of course we are working on actual features. Imho, updates will be provided by the end of the month at most. Of course any help from honest people is well welcomed.

P.S. Keep in mind that MANY people contacted us asking for BTC, but FAIL will not work in that way. Nevertheless FAIL achieved more than many coins for just over a month.

Stay FAILed!

That's cool - just wanted to make sure the coin is still moving forward

Coins future depends by its community, not by their features. Yeah, they are important, but they are not vital. Many coins have a lot of good features, but are dying anyway.

True - but in order to gain a community outside of the few of us who mine this thing currently you have to have something to offer. Otherwise all you get is people who will come along, mine a few hundred million coins, dump em then walk away. In order to get people to stay and support a coin the coin needs to have some sort of plan for the future.

OK....

First, we are honest.
Second, we gave out more than 2B coins to MANY people.
Third, check the hashrate atm.. Currently FAIL is supported by about 1/4 of our community hashrate which is about 180MH.
Fourth, we are planning to sell only small chunks of our coins just to cover some expenses.
Fifth, millions of DOGE and tens of LTC are already prepared to back up FAIL, when we need it.

Why are we doing that? Its simple. We want to make FAIL price STABLE, because we are not another pump and dump group and we know how to make business!

Now.. you are asking for answers. Can you please answer me to one question: How many coins does that?

Honesty is not being called into question here, not sure why you feel the need to state this.

Again, not sure why you have stated that you have given away 2 Billion coins - what has that to do with the future development?

Glad you brought up the hashrate. I have been mining this thing for around 3 weeks now - watching the hashrate throughout the day. The reality is that for perhaps 90% of the time the hashrate hovers between 10 MH/s and 40 MH/s - then out of nowhere a user or users with over 350 MH/s of ASIC power come along and mine several hundred million coins before disappearing again. You can see it for yourself if you watch the blockfinder stats on the two main pools and watch the nethashrate spike from the regular 10-40MH/s to 350 MH/s and more.

Representing that figure as a measure of support or strength of the community is just not accurate I'm afraid. When the ASIC miner/s disappears the hashrate is back down to 10-40MH/s until they next choose to hit the coin.

What do you mean by "millions of DOGE and tens of LTC are prepared to back up FAIL, WHEN we need it"? - are you suggesting a pump is on the cards?

On your last question - Quite frankly nothing you have done so far is in any way different from what other coins do. Nearly all coins have giveaways. Good on you for doing so - but that is not a point of difference with this coin and any other.

I really can't understand what you seek in coins.

1. 2B coins are about 4% of all mined coins atm.. For example I have send 20M coins to a person who just said he likes FAIL. My statement is that we are generous and we are not greedy.
2. The hashrate is not a big problem. Less miners sometimes means less dumpers, because the real traders (and community of course) are giving value of whatevercoin.
3. I said STABLE price, not pump. We are not going to pump anything.
4. All coins have giveaways or most of them only make promises and dump their wallets to exchanges when they have the chance?

FAIL is and will be different.

Clearly we are at a difference of opinion then. If the coin ever makes it past those immense sell walls put up on the Swisscex FAIL/LTC market then I will come back and give credit where credit is due. Right now however that looks extremely unlikely. Good luck!

Agreed. We are at difference. The main difference is that coins with threads loaded with hundreds of pages have "active community". 90% are complaining about the price, 5% are looking for some news and the rest 5% are believing in its future. But what is the reality? People who actually are behind development of those coins are barely answering questions and they always "has a lot of work". What happens at the end? TO DA MOON, TO DA NEPTUNE, TO DA SUN, TO DA SATURN... and... FAILURE.