\[poll\] will FTC fall to new lows?
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Historically FTC has stayed around $0.10-$0.11 against USD. It has seen lows as low as 0.0001 against BTC, but that was early on when initial price discovery was just happening. Since the price stabilized after the initial discovery phase, we have NEVER seen a low this low, but then we’ve also never seen a BTC high this high since FTC started trading either.
Right now it’s sitting at $0.08 against USD. Do I think it will fall much lower than this against the USD? No, not really. Do I think it will fall against BTC as BTC continues to rise against the USD? Absolutely. There’s simply not anywhere near enough adoption for it to do anything else.
Which means that Feathercoin is a great way of shorting BTC: If you think the price of BTC against the USD is going to fall, BUY FTC NOW. Otherwise, if you think BTC will continue to grow against the USD, buying FTC is a very bad idea right now because your money is better spent on something that is rising against the USD, not falling like FTC is.
Just my 2 feathers.
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There is a logical nonsense within this poll>
Initial Question is bringing you to the world of BTC rising to 180USD.
3rd option is offering bitcoin will fall…how fall, why, I live in 180USD world since start and now this… -
[quote name=“mirrax” post=“31451” timestamp=“1381956399”]
There is a logical nonsense within this poll>Initial Question is bringing you to the world of BTC rising to 180USD.
3rd option is offering bitcoin will fall…how fall, why, I live in 180USD world since start and now this…
[/quote]lol sry, just making a poll to speculate around
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[quote name=“Kevlar” post=“31447” timestamp=“1381955981”]
Historically FTC has stayed around $0.10-$0.11 against USD. It has seen lows as low as 0.0001 against BTC, but that was early on when initial price discovery was just happening. Since the price stabilized after the initial discovery phase, we have NEVER seen a low this low, but then we’ve also never seen a BTC high this high since FTC started trading either.Right now it’s sitting at $0.08 against USD. Do I think it will fall much lower than this against the USD? No, not really. Do I think it will fall against BTC as BTC continues to rise against the USD? Absolutely. There’s simply not anywhere near enough adoption for it to do anything else.
Which means that Feathercoin is a great way of shorting BTC: If you think the price of BTC against the USD is going to fall, BUY FTC NOW. Otherwise, if you think BTC will continue to grow against the USD, buying FTC is a very bad idea right now because your money is better spent on something that is rising against the USD, not falling like FTC is.
Just my 2 feathers.
[/quote]I think you’re right,
but i think FTC will move past 10cent / coin pretty soon, that dosnt mean we wont see 5 or even 1 cent / coin.
all atl coins are dieing as bitcoin risesbut i have faith in FTC! ;D
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[quote name=“Kevlar” post=“31447” timestamp=“1381955981”]
Historically FTC has stayed around $0.10-$0.11 against USD. It has seen lows as low as 0.0001 against BTC, but that was early on when initial price discovery was just happening. Since the price stabilized after the initial discovery phase, we have NEVER seen a low this low, but then we’ve also never seen a BTC high this high since FTC started trading either.Right now it’s sitting at $0.08 against USD. Do I think it will fall much lower than this against the USD? No, not really. Do I think it will fall against BTC as BTC continues to rise against the USD? Absolutely. There’s simply not anywhere near enough adoption for it to do anything else.
Which means that Feathercoin is a great way of shorting BTC: If you think the price of BTC against the USD is going to fall, BUY FTC NOW. Otherwise, if you think BTC will continue to grow against the USD, buying FTC is a very bad idea right now because your money is better spent on something that is rising against the USD, not falling like FTC is.
Just my 2 feathers.
[/quote]No. It is go to 0.05$. Will continue to fall. We would suffer significant losses. The need for decisive intervention in the market.
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BTC is not the only reason why FTC is falling.
[url=http://forum.feathercoin.com/index.php/topic,4012.0.html]http://forum.feathercoin.com/index.php/topic,4012.0.html[/url]
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The higher Bitcoin goes the higher all alt coins can go. And the coin that has the best communications and marketing will see a great leap. The time is now, this is the opportunity of a life time. Your fear makes me stronger.
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FTC is undervalued all alt coins are undervalued, they will continue to be undervalued until they are not , at which point i think the FTC will be valued at 0.00125BTC/FTC
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[quote name=“uvwvj” post=“32178” timestamp=“1382394880”]
[quote author=chrisj link=topic=4072.msg32094#msg32094 date=1382364820]
The higher Bitcoin goes the higher all alt coins can go. And the coin that has the best communications and marketing will see a great leap. The time is now, this is the opportunity of a life time. Your fear makes me stronger.
[/quote]IMO in near term alts will decrease, once bitcoin stabilizes alts will increase.
In the end only 1 or 2 alts will remain, right now that is LTC and IMO FTC. What I like about FTC right now is is a tremendous value, at pennies and the community appears to be alive, LTC in my opinion seems abandanoned.
If FTC community grows bigger and BTC ultimately grows a second coin can grow it new users realizing the can not achieve a full bitcoin, as long as their is a community and value it’s worth something.
Now I believe FTC has great value to gain USD in the future but right now it’s a gamble.
[/quote]+1 and welcome to the community
@Kevlar and I were talking about this the other day, I think Feathercoin is well placed to become coin number 2. Is it a gamble? Of course it is. But you can derisk your investment by taking control of the odds and being part of the process. I think the problem other coins has is that their community is basically a bunch of traders wanting to buy in cheap to sell to someone for more later. And it’s that Greater Fool thinking that I think is damaging to all alts. I don’t mind a bit of speculation but sooner or later you have to pick up a spade and do what’s right.
This is really about getting financial services out to the billions of unbanked people in the world, it’s about giving everyone control over their wealth; not about getting rich quick.
Just my opinion :)
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[quote name=“chrisj” post=“32179” timestamp=“1382396037”]
[quote author=uvwvj link=topic=4072.msg32178#msg32178 date=1382394880]
[quote author=chrisj link=topic=4072.msg32094#msg32094 date=1382364820]
The higher Bitcoin goes the higher all alt coins can go. And the coin that has the best communications and marketing will see a great leap. The time is now, this is the opportunity of a life time. Your fear makes me stronger.
[/quote]IMO in near term alts will decrease, once bitcoin stabilizes alts will increase.
In the end only 1 or 2 alts will remain, right now that is LTC and IMO FTC. What I like about FTC right now is is a tremendous value, at pennies and the community appears to be alive, LTC in my opinion seems abandanoned.
If FTC community grows bigger and BTC ultimately grows a second coin can grow it new users realizing the can not achieve a full bitcoin, as long as their is a community and value it’s worth something.
Now I believe FTC has great value to gain USD in the future but right now it’s a gamble.
[/quote]+1 and welcome to the community
@Kevlar and I were talking about this the other day, I think Feathercoin is well placed to become coin number 2. Is it a gamble? Of course it is. But you can derisk your investment by taking control of the odds and being part of the process. I think the problem other coins has is that their community is basically a bunch of traders wanting to buy in cheap to sell to someone for more later. And it’s that Greater Fool thinking that I think is damaging to all alts. I don’t mind a bit of speculation but sooner or later you have to pick up a spade and do what’s right.
This is really about getting financial services out to the billions of unbanked people in the world, it’s about giving everyone control over their wealth; not about getting rich quick.
Just my opinion :)
[/quote]Well said, Chris. The future cannot be built on market speculations alone. Cryptocurrencies including Bitcoin are still unfamiliar to most people. There is no surprise many altcoins will not survive these hard times if their developers and supporters are weak. I hope FTC will do well and I’ll try to do as much as I can for PXC. After all, I like them both, have put and keep putting much effort into them both even though my resources are limited. FTC is very much what I want PXC to be, though every coin must have a way of its own.
