When will FTC establish as useful currency?
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[quote name=“PL_CoinTrader” post=“44219” timestamp=“1387018757”]
While BTC isn’t very stable, LTC and FTC are pretty stable, with prices of 29-36$ and 0.4~0.6$ respectively.
[/quote]As of only a month. before then it was about 2.50 and .11 cents
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This is still the myth none can foresee, it’s just about time we will see the result of all this geek porn. ;)
Might be wrong but: [quote]I’m not a native English speaker and thus I do probably some mistakes in my posts. In advance I hope you will forgive me for that but I appreciate every kind hint where I did mistakes. thanks! :)[/quote]
‘‘make some mistakes’’
Cheers!
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Who created feathercoin anyway?
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It already is a very usefull currency however it isn’t used on a large scale.
The greatest thing about cryptocurrency is that it is some much: cleaner, transparant and above all: faster and international.
We are planning to use FTC to pay out people who provide storage and bandwith for example… how would you do that with dollars?
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When nothing else is now ;)
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When the feathercoin market https://market.feathercoin.com has listing over 100.000 items for sale you can consider FTC as useful currency that will produce a slingshot effect to FTC, drive its value over BTC it will focus all attention to FTC please list your items on the feather coin market and claim your 1 Free lucky feathercoin for each 10 items listed on the feathercoin market read about the conditions of the lucky coin reward here https://forum.feathercoin.com/index.php/topic,6043.0.html
Regards,
Demir -
LTC is as unstable as BTC ,it just hit sub $20/ltc before recovering a little
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[quote name=“cyborg” post=“45530” timestamp=“1387302131”]
LTC is as unstable as BTC ,it just hit sub $20/ltc before recovering a little
[/quote]Just bought another 10 LTC, let’s go back to the moon! Bought a hellot of FTC for 75ct each :-\
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[quote name=“Pryderi” post=“45535” timestamp=“1387302622”]
[quote author=cyborg link=topic=5987.msg45530#msg45530 date=1387302131]
LTC is as unstable as BTC ,it just hit sub $20/ltc before recovering a little
[/quote]Just bought another 10 LTC, let’s go back to the moon! Bought a hellot of FTC for 75ct each :-\
[/quote]Me too. But I don’t really care because I just hold them.
Thanks for the responses. But to my last question of the topic: Do you think it makes sense already to ask the shops in which one buys or is it too early? That question is maybe a little stupid because that won’t hurt to ask. But on the other hand I read some posts that FTC needs some time before getting known. For instance could a rush on FTC lead to very unstable prices and therefore decreasing trust in Feathercoin. What you think?
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[quote name=“PL_CoinTrader” post=“45582” timestamp=“1387310394”]
Thanks for the responses. But to my last question of the topic: Do you think it makes sense already to ask the shops in which one buys or is it too early? That question is maybe a little stupid because that won’t hurt to ask. But on the other hand I read some posts that FTC needs some time before getting known. For instance could a rush on FTC lead to very unstable prices and therefore decreasing trust in Feathercoin. What you think?
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If I’m understanding correctly, you’re asking, “Do you think it makes sense to ask merchants to accept payment in FTC, or is it too early?”. I don’t see what it could hurt in asking, as long as you are being up front and honest in the information you’re giving out. I feel that, if the merchant feels confident in where the coin is headed, is educated in how the process works, and realizes that there will be a great deal of price volatility, they can come to their own conclusion on what to do. The problem I see with merchants is, they have a business to run. Sometimes they have some pretty tight margins and accepting FTC, while it could be great for them long term, might run them out of business short term. -
[quote name=“MTRisner” post=“45588” timestamp=“1387311815”]
[quote author=PL_CoinTrader link=topic=5987.msg45582#msg45582 date=1387310394]
Thanks for the responses. But to my last question of the topic: Do you think it makes sense already to ask the shops in which one buys or is it too early? That question is maybe a little stupid because that won’t hurt to ask. But on the other hand I read some posts that FTC needs some time before getting known. For instance could a rush on FTC lead to very unstable prices and therefore decreasing trust in Feathercoin. What you think?
[/quote]
If I’m understanding correctly, you’re asking, “Do you think it makes sense to ask merchants to accept payment in FTC, or is it too early?”. I don’t see what it could hurt in asking, as long as you are being up front and honest in the information you’re giving out. I feel that, if the merchant feels confident in where the coin is headed, is educated in how the process works, and realizes that there will be a great deal of price volatility, they can come to their own conclusion on what to do. The problem I see with merchants is, they have a business to run. Sometimes they have some pretty tight margins and accepting FTC, while it could be great for them long term, might run them out of business short term.
[/quote]^This. And also, FTC started in April THIS year where BTC started in 2009. There’s no need for hasty decisions or worries about FTC staying far from the big guys. If ‘‘we’’ keep our faith into the coin itself it will just be a matter of time (but not short term) other people trust the FTC as well.