FTC Is Feathercoin Being Accumulated? > Github 22000 Commits!!!FTC has gone on a nice little run these last few days. Feathercoin is a true OG of the crypto world, its a fork of Litecoin from back in 2013. Feathercoin aimed to make transactions even faster than Litecoin and even cheaper. Fully decentralized and still using the most secure POW consensus mechanism. Some might think its a dead project but I think its in the works of a revamp. Obviously just speculation but you never know. Remember when everyone suddenly wanted Groestlecoin a few years back. That was "dead" coin that spiked like crazy and got into the top 20 I believe at the time, it went from $.0007 to $3 dollars, thats a 5000x and there was enough liquidity to sell the top, I know, I did. Never know what could happen I mean just speculating here but what if all these old Bitcoin and Litecoin forks that are supposedly dead start to be bought up because they are the true OG's of crypto and have withstood the test of time for over 10 years and are 100% decentralized? Either way the price is super cheap so Ill probably buy a few hundred dollars worth and hold for now and at under a penny the deal cant be beat.
Also back when FTC first came out it was hit by a 51% attack as well as Litecoin and a few others. At that time they implemented advanced check-pointing to prevent against 51% attacks in the future.
Also randomly in 2018 a swiss billionaire investor Rainer-Marc Frey said he would focus on the development of Feathercoin. That is kind of strange to me and then nothing more was said about it since that article. Also FTC has been active on Github and hasn't stopped. THERE ARE ALMOST 22,000 COMMITS. Thats not a dead project in my eyes and its a lot easier to work on something when there isn't very much congestion on the network, so during the years of downtime FTC seems to have been working out all the kinks. Just for reference the top cryptocurrency Bitcoin, has had 35,000 commits and Litecoin around 12,000. Either way I like the old forks that were once on the top of Coinmarketcap, its nostalgic. I will leave the details about the Swiss investor and Feathercoin below. This is not trading or financial advice this is just my opinion. If you enjoyed this then please support my work by giving me a boost/like and follow me. Comment below, thank you and good luck everyone.
Swiss investor Rainer-Marc Frey is expanding his position in cryptocurrencies by investing in a prominent five-year-old alternative to bitcoin currently undergoing a revival, finews.com has learned.
The fund-of-hedge fund pioneer is going deeper into the cryptocurrency world, after an initial investment in a digital token asset manager and trader. Rainer-Marc Frey is putting some of what Swiss magazine «Bilanz» reports as his 1.25 billion Swiss franc fortune into feathercoin, according to a blog post on «Medium».
The move coincides with a foundation set up in Zug last week to foster and promote the five-year-old token's development and acceptance, which has got a fillip from the return of developer Peter Bushnell at year-end.
Returning to Feathercoin proper in the new year to start work on the 0.13 release. The 0.13 codebase gives us the latest soft forks and will then allow us to join other services like Lightning Network, BarterDEX and others that make use of newer tech. #Feathercoin #FTC
— Peter Bushnell (@bushstar) December 17, 2017
Bushnell, who is based in Oxford, had worked as the tech chief on another coin project for roughly two years, but said last month he would focus on feathercoin. He is now balancing the development with commissioned work «which allows me to pay the bills and spend time on feathercoin,» he said in an online question-and-answer session earlier this month. The cryptocurrency forked or split off from litecoin in 2013.
Repeat Crypto Offender
Frey, among the billionaires spotted at a glitzy St. Moritz crypto confab in January, invested in feathercoin through Hyperion Capital, a Swiss vehicle backed by several wealthy investors.
He has dabbled in fintech and crypto investments since selling his hedge fund boutique to Man Investments 16 years ago: he is also an investor in Crypto Finance, a Zug-based investment firm which is seeking a bank license. He also owns a sizable stake in Leonteq, a derivatives boutique.
Feathercoin's foundation is flush enough to hire three developers, and is also setting aside coins to reward outside contributors. «The Feathercoin Development Foundation will kickstart further software development, and its resources will help see new and existing projects to completion,» the foundation said.
Courting Controversy
Feathercoin's foundation will be presided by Lucas Betschart, a Swiss cryptocurrency advocate, and include Bushnell, Swiss investor Oliver Wolfensberger, and Frey associate Stephan Masek as board members.
Swiss foundations have become the go-to legal structure for cryptocurrencies, but Switzerland has also courted controversy because of them. Tezos, a prominent cryptocurrency project, became mired in a months-long bitter feud between its foundation head and U.S.-based developers following a record $232 million fund-raising.
Ftcbtc
Feathercoin (FTC) Project Overview + Chart Analysis (31,000%+) About Feathercoin
ACTIVELY DEVELOPED OPEN SOURCE CRYPTOCURRENCY
Feathercoin was conceived as a coin that is lighter than light, hence the featherlight name. The coin takes its lightness and suitability for featherlight payments from its faster block processing (one block every minute) and the generous supply of 336 million coins (of which about 278m are currently in circulation).
OVER 5 YEAR HERITAGE
The genesis block and initial blog post from Peter Bushnell about the release of Feathercoin on bitcointalk date back to April 16th, 2013. Feathercoin, as one of the oldest Altcoins, has proven the test of time. It is also still being actively developed by its founder and a small but strong open-source community contributing to the project.
FOCUSED ON USER EXPERIENCE
Feathercoin is an upgraded and customized version of Bitcoin initially forked from Litecoin’s source code. Users have very easy access to two wallets (FeathercoinCore and Electrum) that work exactly like Bitcoin, but with faster block processing. In addition to these desktop wallets, Feathercoin is supported by various mobile wallets and blockexplorers.
Website: feathercoin.com
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This one has been around for trading on Bittrex since 2014... A relic.
We traded FTCBTC in the past with no luck if I remember correctly... Maybe its time is close?
Here we have the potential profits from the current price to April's 2016 peak price...
An astonishing 31,794%
Feathercoin (FTCBTC) has been dropping for years, many years, and has no higher highs ever.
When this one takes off, it is likely to go up for longer than anybody can imagine...
Still, there are many more active pairs that are already moving strong.
Currently, EMA50 has been conquered and there is potential for additional growth.
This is not financial advice.
Thanks a lot for the support.
Namaste.
FeatherCoinStock Symbol: FTCBTC
Ideal crossover at 100 sats.
Diversify and use 5% stoploss
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Feathercoin (FTC) Updated (268% Profits Potential)We are still holding Feathercoin (FTC), a very old Altcoin that we started trading back in January 2018. This coin has huge potential and the charts are giving positive signals left to right. Still, this is a tricky coin, so we are going to approach this one only with a very small portion of our capital, and this trade potential has been updated as well.
For general details about this coin, you can visit my old trade about it here. To start trading, keep reading below.
Feathercoin (FTC) Updated Trade Analysis by Alan Masters
CHARTS, SIGNALS & INDICATORS
Feathercoin (FTC) is showing very strong reversal signals (the price was going down and it is starting to move back up) on the 4 hours chart. Let's take a quick look:
- You can see it based on the TD Sequential indicator (strong green candle with #1 count), the MACD (curving up aggressively), RSI (bouncing from oversold line) and STOCH (curving up strong as well).
- All these indicators are showing plenty of room for growth as well.
- Low volume allows for plenty of room for growth.
- Note: We have some strong resistance to face; SMA20, 50 and 200 price levels.
The daily chart also has some bullish signals, here, take a look:
- We bounced twice from the 0.0000248 price level.
- Very strong uptrend.
- Lower end of the Bollinger Bands (we are looking to go up to get back in).
TRADE INSTRUCTIONS
Buy-in: 0.000025 - 0.000029
Targets:
(1) 0.000036
(2) 0.000041
(3) 0.000048
(4) 0.000067
Stop-loss: 0.0000195
TOGETHER WE CAN
I am sharing my energy with the world today.
I am open to giving and receiving, that's why I pray.
I am open to share a portion of my heart here with you.
I would like to show you my essence, all you need to do, is believe that this is true.
I would like show myself, in a form that you have never seen before.
You can choose to see me. You need to use your love and trust.
Finally we get to meet each other for another day.
This is just a short message, just to let you know that I am here to stay.
To stay in this world until all of my dreams and goals are met.
Until you can accomplish yours.
Until we can all be together again.
Namaste.
FTC - Good Time to Enter Trade. It's traded at this price on many occasions. Been bottomed out for a while and is due for big gains. Great risk/reward ratio. Don't get caught up in trades too long. The market is volatile and risky. Get in, get out. Make quick profits. Day trade. We can all win together. The market is beautiful.
Instructions are simple on this one.
Entry:
0.00001800-0.00002200
Stop:
0.00001775
Targets:
They are available in the chart but will be provided later.
***These charts and their instructions are for education purposes only. I am not a financial adviser***
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Tips:
Bitcoin 1623H7dyLQgS9PP9K4bZL6Q1m1dWsXu1Dd
Ethereum 0x0f3519f693984a69503291210FEb50a9F544269e
Litecoin LewiitKzGP4yNYNPeGYXkLMzv89x1b9zyZ
Factom stay long periodicity shows a 72-80 day period between the lowest swing low to various all time highs. go back in chart to see historical same periodicity at play presently.
Feathercoin (FTC) Good Buy, A Relic (520% Profits potential)This is one of the oldest coins. Feathercoin (FTC) is a true relic in the cryptocurrency markets. Let’s see what we can do about it.
The charts are looking good for us, but some fundamentals first:
- What seems to be the lead developer of Feathercoin (FTC) is just getting back to work on this project. “News, run, we are about to make lots of money, somebody posted something on Twitter!!!”.
- Feathercoin is releasing a new client, an update to its current codes.
- Feathercoin is using Bitcoins codes and will activate Segregated Witness, which will allow for new tools to be implemented.
- Rank#192 on Coinmarketcap at the time of this writing.
- It was released around April of 2013. Added to Bittrex on February 2014.
Feathercoin (FTC) Technical Analysis and Trade Instructions
*** Trade instructions
Buy-in: 0.00002900 – 0.00003900
Stop-loss: 0.00002479
Targets:
(1) 0.00004926
(2) 0.00007510
(3) 0.00011600
(4) 0.00014650
Notes: All time high reached on April 25, 2016 @ 0.00018499.
*** Indicators
- FTC broke-out back in October 2017 and has been on an uptrend since.
- The daily chart shows that FTC is trading on an ascending channel.
- The indicators on the daily chart are showing bullish signals and plenty of room for growth.
- This coin volume is also low, which allows for more room for growth.
- The weekly chart is very clear, we are positive for long.
- The MACD just crossed over on the weekly chart and it is in the bullish zone.
*** Message of the day
I am sharing my energy with the world today.
I am open to giving and receiving, that’s why I pray.
I am open to share a portion of my heart here with you.
I would like to show you my essence, all you need to know, is believe that this is true.
I would like show myself, in a form that you have never seen before.
You can choose to see me. You need to use your love and trust.
Finally we get to meet each other for another day.
This is just a short message, just to let you know that I am here to stay.
To stay in this world until all of my dreams and goals are met.
Until you can accomplish yours.
Until we can all be together again.
Namaste.
Factom looking to break a 6 month long correctionThis correction has been long and painful for many who bought Factom earlier on. The good news it that Factom might be ending it's descent within the next week. As you can see on the chart, the descending wedge is about to reach its point. If all goes according to fib rules, we can expect an impulse wave between .006 and .009 (that's 300-450% returns!)
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Disclaimer: This should not be taken as advice, as I am not an advisor. Please do your own research and use this chart for comparison.
FCTBTC IdeaWorking product. News coming out of another grant from DHS and Gates foundation. Awesome risk to reward! I like this for my Black Friday special! :) Trade safe!
FTCBTC Rocketship Asymmetric TradeSeems to like explosive cycles. Look at fibonacci retracement for an interesting albeit common correlation.
Cycle seems to last a few months, so this is a long term setup, but as you can see, previous spikes have seen over 10x gains. I think we can almost be guaranteed to see 3x and very likely for 5x.