Quote from: mr_random on April 19, 2013, 08:31:47 PM

Quote from: Rawted on April 19, 2013, 08:29:05 PM

Quote from: termhn on April 19, 2013, 07:25:22 PM

Quote from: jhd on April 19, 2013, 07:23:03 PM

Sorry but feather value is 0.

I offer you 1ltc for 10000fc

Regards

Sorry but stop trolling. Feather value is technically around 1 ltc/200 ftc right now, but the popularity is high and so the value is probably going to rise with time just like litecoin.

You're out of your mind if you think an altcoin released 2 days ago has that kind of value. Where's the FC exchange? Where's all the shops accepting FC? Where's the value outside of what the miners WISH the value was at? Litecoin rose because it has businesses and services built up that support it, and is about to be traded on the largest cryptocurrency exchange in the world.

There is 0 value outside of 'perceived' (and i use that word really loosely) value from those with a vested mining interest.

I used to think this way until i realised the price really is determined by what people want to pay for it. If people right now want to pay that much money then that is it's market value by definition. But remember, it's all hype right now, whether the price maintains that value or grows is another matter.

What people pay, and what people want to charge are two very different things. I'm discussing the latter, you seem to be offtrack.