Feathercoin prices

[odolvlobo]

Ftcs were up to 45 cents yesterday. It's dropped to 18 cents today. http://feathercoinprice.com  my question is what's more the reason for the drop, btcs dropping or difficulty?

To find the answer to your question, you might look for a clue in the answer to this question, "why did FTC rise to the absurd price of $0.45?"

[vane91]

FTC is being mined at 88 coins every minute,
btc at 25 coins every 10 minutes,
do your math, if you never traded currencies, just imagine the zimbabwe $ against USD...
and the same goes for the bbq and mincoin, now they are mined at low rate but at the beginning the first ones to mine got a lot!
they not going anywhere for sure.

As for FTC, if there is no support no community, no developers, it will continue to drop, maybe it will not dissappear like i0coin but
i think to buy any alt-coin with bitcoins is a bad idea, unless you can buy something with it (ltc) or one with future use prospects (nmc) that indicate that it's not going to die...

[thegeek]

It seems obvious that all these altcoins without any real utility/change will all crash hard in the beginning, if they have real utility their value will increase over time, but certainly not early on.

[niniyo]

Of course alt coin prices are going to be insanely volatile.  We're talking about speculative spinoffs of speculative spinoffs of a highly volatile and experimental new currency.

[odolvlobo]

Of course alt coin prices are going to be insanely volatile.  We're talking about speculative spinoffs of speculative spinoffs of a highly volatile and experimental new currency pump and dump.

FTFY

[hoangocanh]

will be 0.0001 ( poor me !