Some companies seek a investment fund, and it becomes to a share keeper, that means that when the share is attacked by someone, they buy, when share skyrockets they sell to make profit. Anyway the try to keep the share in some values.
Im keeping an eye on mcxnow and with just a handful of bitcoins FT could move quick to the ease zone.
[quote name=“erk” post=“31231” timestamp=“1381785215”]
I do agree that the FTC exchange rate need some stability to be accepted by merchants.
But, the value of a coin is reflected in it’s utility, what you can buy with it, not it’s exchange price for another coin. A classic example is the Iranian currency (IRR), which has been the subject of a US lead bank war on it’s exchange rate for years now, the value of the IRR has plummeted. However, the average Iranian wouldn’t notice, they can still buy their groceries etc. locally life goes on as if nothing happened, only the middle class that likes foreign imports take notice.
As for FTC the ultimate value of the coin is what you can buy with it, not it’s exchange rate with other coins, only merchants that work in other currencies care about that, and of course exchange rate gamblers.
To make FTC more valuable, make more things available that you can buy with it. In order to get more people to accept payment for their goods and services in FTC, the need a way to get the FTC quickly back into their native fiat currency, but at some point, if there are enough goods and services on offer which accept FTC, then the need to exchange diminishes.
Another point is that exchange rate stabilizes as volume increases, in the BTC world only about 3-4% of the BTC volume sent each day goes via exchanges like Gox etc. In the FTC world it’s a much higher percentage. FTC needs a Silk Road without the illegal content.
Also a price stabilizer like the DGC bank is a good idea:
https://bitcointalk.org/index.php?topic=238882.0
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I think is just making the most of the path that bitcoin has started, many of the merchants that already have Bitcoin, may need in the future when bitcoin reaches 1K dollar another crypto much more smaller. Maybe some of them need Feathercoin now, or soon, like betting games where the bet is small, -is quite annoying bettin 0.001 Bt and much more 0.0001-
An online wallet fully secure, for your smartphone, and that contains 3 main crypto, Bitcoin, Litecoin, Feathercoin, interchangeable by market rate, and able to make fast payments. I think, thats what everybody would ask.
Much better, add dollar and euro.
Scam I can´t withdrawal my 20 FT
Besides the original web adress to another one, and this dont have at least an email
It seems that the web doesnt work, dont even let me withdrawal my 20FT.
Specially motorsports
Also, tennis, atletism, football, and basket.
Do you know if there is any where I can bet in FT? Thanks
Late in winter I´ll try to use all that heat to farm mushrooms in the dark side of my warehouse.
Its not a joke.
I got a small rig of 2.8 Mhash/seg running on the warehouse of my bussiness. I love D2 pool, and I hope someday of the next year Ft will reach 1$
Im a happy miner of feathercoin.
Greetings from Spain