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
It's pretty simple - the market priced it that high. The current price is what people are willing to buy and sell it for, and is far, far away from 1/4 LTC. It will probably see 20 FC to 1 LTC fairly soon - but I agree it probably will not reach 1/4 LTC too soon (perhaps in a few months).