Bitcoin Forum

We have started investing in Feathercoin and have allocated up to 5000 LTC for purchasing power.
There is no minimum amount of FTC to qualify for our LTC purchases.  We are buying at a .025 LTC/1.0 FTC ratio (25 LTC per 1000 FTC).  This is firm and non-negotiable.  If you value your “hard earned” FTC at more than this offer we understand and do not judge.  This is the amount our group agreed upon in order to release 5000 LTC for purchasing.

PM us with the amount of FTC you wish to sell for LTC along with an LTC address for our purchase payment.  We will use this thread as a ledger for the transactions so the community can keep us all honest.

Use this Feathercoin address for this initial acquisition of coins:
71h8j2bPgAqS5ApK9NpYy7KQGeSk6BfnTn

Current stats:
1.0 LTC/1.0 USD : $3.5/$1
.025 LTC/1.0 FTC : $0.0875

What will we be doing with these coins? 
Development of future tools, resources, outlets, etc… geared toward Feathercoin.  We will only spend time, money and resources on something we have a vested interest in.  This is only logical. 

Will our buying ratio change?
We predict the answer is no.  Our group of investors feel like this valuation is more on the high side for a new coin without many distinguishable features.  All the “long” coins that have endured many battles & tests have all started out and sustained a valuation of $.10 or less for the majority of the first year in existence.  We are not interested in the peaks and valleys of new exchanges trading in FTC and the early dreams of fast money.  This purchase plan is to invest in a coin we think has endurance and the start of a grassroots following not unlike LTC or BTC in the early days.  As I mentioned above, we will only spend time, money and resources on something we have a vested interest in. 

Who goes first?
You go first.  If you question our reputation we will gladly provide past transactions that validate our legitimacy.

Thanks for your consideration,
Cheers,

Paul
LiteBit Properties

That should be $.875, not .0875 correct?

No, the math is right. At the price they are giving, Price = $.0875/FTC.

It is their logic which is wrong! Haven't you been reading the trollbox? Clearly the Real Market Price of FTC = $875/FTC

No $.0875 is correct.  Sorry if it's confusing.  It's easier math if you look at 25LTC to 1000FTC.  That's 1 FTC per .025 LTC which at current rates of 1 LTC = $3.5 is $.0875 per FTC.  

Hope that helps.

We trade @ BTC-e but with disableChat ON.  Makes for a much better day of trading  ;)  https://www.btc-e.com/disableChat

1000FC for 25LTC is the price a week ago or so. Many (including me) would be willing to double this offer.

I don't wanna spoil your business, just giving some advice about market prices.

Trollbox makes it fun though, it's like a guessing game where everyone is wrong!

Lol nice try litebit, value is way up.

We appreciate your concern and we understand the market prices.  With 3 years of building BTC and LTC projects we understand the historic growth of a stable, enduring coin.  We think FTC can succeed if the community stays with it.  We also have our reasons why "market prices" don't dictate our valuation of this coin. 

Lol that's all very nice and I like your wannabe-corporate-sounding gibberish, but you're trying to make a quick buck by buying WAY under the market price, hoping the noobs will sell some.

No deal and even the noobs won't fall for it.

fair enough, I'm not here to ruin your business. the more services for FTC, the better for people here

FTC is currently $0.506813/USD  this is a bad offer

"Always in motion is the future..." ~Yoda

bump