VALUE - Here's what I understand
-
[quote name=“UKMark” post=“6008” timestamp=“1369402418”]
I think people are missing something here…BTC has gone up in value, FTC/USD value has not really moved, in fact it has increased since the last time we visited 0.00099. People seem to panic sell too, they buy at 0.00160 and sell @ 0.00010? WHY? :o
[/quote]Most people buying and selling on BTC-e are kiddos with no knowledge in economics and trading. They’re spoiled with make money fast stories and they’re easy to be manipulated. Someone pumped FTC to 0.00180 and dumped it to the bottom which would be about 0.00100, but it is lower actually due to a recent BTC/USD rise. A smart move would be to sell at 0.00180 and to buy now unless you’re a long term investor.
-
Good news :D would be great if we could get a dev or plugin maker to create an easy install plugin for one or two of the bigger open source carts. Sounds like we got things on the way so fingers crossed. In the mean time i will create something simple with a manual ordering process.
-
[quote name=“manugarvaz” post=“5985” timestamp=“1369397756”]
Value is going down! Fast! What’s the plan here?
[/quote]Value? Huh? Only the price has gone down. Does FTC even HAVE a value yet? -
The truth is though there are 2 million Feathercoins on sale on BTC-e right now, that’s a lot of coins a lot of which would have been mined not bought above 100. And nobody can predict the future, for all we know the price could drop to 0.0005 and then 0.00045 will seem cheap. Nobody knows where the bottom really is and there are a lack of good tools monitor BTC-e technicals. This is a good resource: https://btc.penek.org
Scarcity is a great way to create value and right now there are too many coins so all that will keep the price up is investor confidence and that means we have to have absolute clarity and belief in our messaging.
-
We’re working to send a very clear message in the upcoming days on what Feathercoin is all about to those that might not be hardcore forum people. 30 hours a week of my time is now shifting to Feathercoin. It is what needs to be done, I’m willing to put in the time.
-
Just a thought but are individual feathercoins traceable? Are they unique in anyway. If person A sends a coin to person B and then to person C and that individual coin be identified?
-
[quote name=“chrisj” post=“6248” timestamp=“1369436624”]
The truth is though there are 2 million Feathercoins on sale on BTC-e right now, that’s a lot of coins a lot of which would have been mined not bought above 100. And nobody can predict the future, for all we know the price could drop to 0.0005 and then 0.00045 will seem cheap. Nobody knows where the bottom really is and there are a lack of good tools monitor BTC-e technicals. This is a good resource: https://btc.penek.orgScarcity is a great way to create value and right now there are too many coins so all that will keep the price up is investor confidence and that means we have to have absolute clarity and belief in our messaging.
[/quote]2 mil coins at btc-e… that explains the drop… 1/3 of all ftc on sale in one place at the same time. being that as of this moment 6,616,000 coins should be in circulation.
-
[quote name=“jeremiel” post=“6296” timestamp=“1369468007”]
[quote author=chrisj link=topic=778.msg6248#msg6248 date=1369436624]
The truth is though there are 2 million Feathercoins on sale on BTC-e right now, that’s a lot of coins a lot of which would have been mined not bought above 100. And nobody can predict the future, for all we know the price could drop to 0.0005 and then 0.00045 will seem cheap. Nobody knows where the bottom really is and there are a lack of good tools monitor BTC-e technicals. This is a good resource: https://btc.penek.orgScarcity is a great way to create value and right now there are too many coins so all that will keep the price up is investor confidence and that means we have to have absolute clarity and belief in our messaging.
[/quote]2 mil coins at btc-e… that explains the drop… 1/3 of all ftc on sale in one place at the same time. being that as of this moment 6,616,000 coins should be in circulation.
[/quote]Right now you either keep your coins in wallet or put them on Btc-e. There are no other options really.
I prefer the price to remain stable, even if it is low. Besides its a good buying opportunity. Trying to raise more BTC by selling Goldcoins (though I have literally sold thousands without hardly any increase in balance).
-
Today cryptsy is at .00135 and btc-e is at .00076 how is it possible?
-
[quote name=“manugarvaz” post=“7109” timestamp=“1369660933”]
Today cryptsy is at .00135 and btc-e is at .00076 how is it possible?
[/quote]Look at the buy orders at cryptsy though… I’m sure you won’t see any for .00135 :P
