Bitcoins fall will be the death of Altcoins

Radacoin

Unfortunately all Altcoins are tied to the Bitcoin exchange rate. Therefore if Bitcoin goes down, Altcoins go down. Or to be more specific: Feathercoin goes down.

Litecoin on the other hand has been pretty stable the last couple of days, with LTC/USD always around 2.7.

Conclusion: We have to convince major exchanges to do direct FTC/USD trades and show direct FTC/USD exchange rates.

Nutnut

http://forum.feathercoin.com/index.php?topic=2461.0

Already working on it… ;)

justabitoftime

Progress is already being made.

Radacoin

Awesome guys!

btc down, FTC is up!
So wheres the problem?

aysyr

So much for the Winklevoss’ investment and starting a Bitcoin trust… it’ll just make BTC look bad in front of everyone now that its price is plummeting ;)

RIPPEDDRAGON

Bitcoin is entering the next phase of its life where is will mostly just be transaction based rather than miner based and run 100% by ASICs. It is a smart thing to decouple alt coins from it though. Let them free float in the economy instead of being linked to BTC.

btw, BTC is no Alt=alternative coin;-)

justabitoftime

[quote name=“Markus11” post=“19570” timestamp=“1372878929”]
btw, BTC is no Alt=alternative coin;-)
[/quote]

Not yet, but give us a few years. :)