[quote name=“mmyhre” post=“56416” timestamp=“1391254936”]
[quote]Fact : No one knows.
Speculation : $1.00[/quote]
You would also need to say something about time. But by 2015 i think 0,75 - 1,25 would be a fair estimate. As to downside i think we are at bottom or close to it.
[/quote]
Crossing my fingers for the FTC/USD soon ;D
What I have recently been thinking about is maybe not so much of a innovation about FTC but more of an Idea. I do not know if this is being discussed elsewhere right now but I am certain that the community that has the ability to build a fully functioning trading platform like Ali-pay/Alibaba in China will see a huge increase of interest. One of my biggest concerns when buying things with Crypto is safety. So a middleman who holds the coins until it is confirmed by the buyer would give a safer buying experience. The idea is simple: Buy from a merchant, send the coins to the middleman which holds the coins until you confirm that you got the stuff and lastly release the coins to the merchant.
Maybe it could evolve so that normal company’s could sign up as merchants and get payed in their normal currency so they do not need to deal with all the exchange rates and paper work involved. Basically the middleman would exchange the coins automatically. I am also aware that it goes against the nature of what crypto stands for, wasn’t the whole Idea to cut out all the middlemen who makes money out of transactions 8) But the platform would be totally global in the sense that cryptocoin can cross borders into any country without going through banks.
And the biggest question of all is: Does that give any advantage over just using normal money? Example: I cannot order things from Taobao in China because I do not have a Chinese bank account.
Quote from: Tuck Fheman on January 28, 2014, 07:32:32 pm
Quote from: j0k3rhd on January 26, 2014, 05:00:10 am
So my question is, who is still mining on a single GPU,
heh, I’m still mining on a single 7850. Due to my low hashrate, my strategy has always been to get in early (0-1 day) and hold all mined coins.
When I have no new coins to mine, I come back to FTC for my 4-7 per day. At FTC’s perceived future rate, that’s a nice profit for a 7850 per day. ;)
May I ask what people reckon the FTC price is going to be later? It is highly speculative of course… FTC has always been my go-to coin but after the recent price drops I am having problems predicting the future. I am also asking myself the question if I should stay with my original plan and mine FTC or try to broaden my portfolio? That’s just it with Cryptocoins you never really know when the price “goes to the moon”,as many would like to put it, or the price goes into free fall. For now I believe in FTC and will continue, but if the price drops further I am not so sure any more
EDIT : Doh, my mistake. I meant to quote you and clicked modify. I’ve tried to correct your original message. Sorry.