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    Is there a particular reason why BTC-E Dosn't pair FTC/USD

    Feathercoin Discussion
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    • S
      Stevenrm87 last edited by

      Answers or Theory’s?

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      • J
        Jmart last edited by

        If FTC was paired with USD then in order for it to raise in value as BTC raises, people would have to buy a proportionate amount against USD to that of the BTC/USD raise, Or it would lose value against BTC.

        So it is a good thing for FTC to not be paired with USD on BTCe as BTCe pretty much sets the price for FTC right now.

        If you watch closely, as BTC raises in value against USD or lowers in value against USD, unless there are large sells, FTC/BTC stays the same.

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        • S
          Stevenrm87 last edited by

          Yes I understand this. Im not concerned with FTC “not going up” When we all know it is when BTC/USD goes up and FTC/BTC stays the same.

          Im curious because I think it will help noobs actually see the value rise when paired FTC/USD. Plus it would create more friction for BTC-E which is why I figure they would have every incentive TO add it.

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          • T
            Tuck Fheman last edited by

            Because BTC-e.

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            • R
              robUK last edited by

              It’s just cause ftc is a ‘new’ coin for them, it’s sstill on trial to see if it can last. so they will wait until it’s value raises sufficiently then they will ad FTC/USD.

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              • lizhi
                lizhi last edited by

                Ulterior motives

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