Post
Topic
Board Altcoin Discussion
Re: Who on earth valued feather coin so high
by
peacefulmind
on 23/04/2013, 21:43:48 UTC
I was just looking around to buy some and realised its almost valued at $0.025, who on earth valued this price? I dont care for answers like 'it should be a 1/4 of ltc'. Things dont work like that. LTC should be worth a 1/4 of BTC but its not. It seems a lot of you have got stuck in adopting alt currencies as soon as they come out to make a quick buck. I think anyone paying over 10ltc for 1000 fc is basically stupid

The current prices people are paying for FC are interesting if you understand the current network difficulty of LTC vs. FC and compare the utility of the two, as well as taking into consideration how many more FC will be in circulation in the coming months given that utility.

LTC is ~ 0.02 of 1.00 BTC on major exchanges - AND I can do a whole lot more with LTC than I can with FC.