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cnerd



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MemberActivity: 98Merit: 10 Re: Vertcoin - First Scrypt N | First Stealth Address - Privacy without mixer October 24, 2014, 07:31:30 AM #12444



https://bitcointalk.org/index.php?topic=821738.40

https://bitcointalk.org/index.php?topic=178286.1720



At block 432000 FTC will do what we are hoping to do one day (end of November). In other words, we will be able to see for ourselves what happens when such a huge and widely distributed coin decides to change PoW.



Will somebody try to take advantage of the algo change and perform a 51% attack?

Will the price rise in the days that follow?

Will FTC earn the respect of the community for doing what LTC refused to do?



Well, we are about to find all of that out, aren't we?



I'm so excited... I just... can't hide it For those of you that haven't heard yet, Feathercoin is changing its PoW in about 2 days.At block 432000 FTC will do what we are hoping to do one day (end of November). In other words, we will be able to see for ourselves what happens when such a huge and widely distributed coin decides to change PoW.Will somebody try to take advantage of the algo change and perform a 51% attack?Will the price rise in the days that follow?Will FTC earn the respect of the community for doing what LTC refused to do?Well, we are about to find all of that out, aren't we?I'm so excited... I just... can't hide it

kimera



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NewbieActivity: 22Merit: 0 Re: Vertcoin - First Scrypt N | First Stealth Address - Privacy without mixer October 24, 2014, 12:37:57 PM #12445 Quote from: cnerd on October 24, 2014, 07:31:30 AM



https://bitcointalk.org/index.php?topic=821738.40

https://bitcointalk.org/index.php?topic=178286.1720



At block 432000 FTC will do what we are hoping to do one day (end of November). In other words, we will be able to see for ourselves what happens when such a huge and widely distributed coin decides to change PoW.



Will somebody try to take advantage of the algo change and perform a 51% attack?

Will the price rise in the days that follow?

Will FTC earn the respect of the community for doing what LTC refused to do?



Well, we are about to find all of that out, aren't we?



I'm so excited... I just... can't hide it

For those of you that haven't heard yet, Feathercoin is changing its PoW in about 2 days.At block 432000 FTC will do what we are hoping to do one day (end of November). In other words, we will be able to see for ourselves what happens when such a huge and widely distributed coin decides to change PoW.Will somebody try to take advantage of the algo change and perform a 51% attack?Will the price rise in the days that follow?Will FTC earn the respect of the community for doing what LTC refused to do?Well, we are about to find all of that out, aren't we?I'm so excited... I just... can't hide it

go home go home

djnocide



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Einsteinium Foundation Board Member and Treasurer







LegendaryActivity: 1164Merit: 1000Einsteinium Foundation Board Member and Treasurer Re: Vertcoin - First Scrypt N | First Stealth Address - Privacy without mixer October 25, 2014, 08:20:26 AM #12453 Quote from: SalimNagamato on October 25, 2014, 08:08:49 AM i never owned or mined any vertcoins

but can't understand how the price drop from over a dollar to 5 cents...

doesn't give much confident in mining any crypto currency



The big problem of VTC is the inflation, a lot of coins mined and not enough buy support. When it'll get more widely accepted and less dumped, the price will rise. Most coins have this problem.



You have 2 options when you look at mining, short term or mid/long term.

For the short term, you look for most profitable coin (be ready to switch each day)

For the mid/long term, you look for active devs, coins with good features and a strong community. You point your rigs towards the network and hold to the coins you get. Working to increase the value of those coins can help a lot. The big problem of VTC is the inflation, a lot of coins mined and not enough buy support. When it'll get more widely accepted and less dumped, the price will rise. Most coins have this problem.You have 2 options when you look at mining, short term or mid/long term.For the short term, you look for most profitable coin (be ready to switch each day)For the mid/long term, you look for active devs, coins with good features and a strong community. You point your rigs towards the network and hold to the coins you get. Working to increase the value of those coins can help a lot.