This tells everything, only 1 Million market cap with almost 300k volume.
Now we can define what cheap means, Faircoin for this price!
If we assume the 'average' trading price was 2000 Satoshi for Faircoin from the start,
and who sold didn't buy in again then and more than 1000 bitcoin volume happend.
0.00002000 * 45 000 000 - 900 Bitcoin
It means from the 50 Million total coin 45 million now is in new hands.It is obviously not the case, because many of you selling and buying all the time so the numbers should be different, but it
shows a nice path, the early original investors who cashed out below 10k satoshi for buying icecream for themself.
Now its the second early investor phrase, the investors now want to buy rolex instead of icecream.
Blackcoin community pls don't blame te Faircoin thread, and Faircoin community don't blame te Blackcoin thread, both are good coins,
some think Blackcoin was instamined at PoW, some thinks Faircoin wasn't fair enough. This silly thing, both are great.
And both have very low inflation ratio, this gives the investors an increadible stable wealth storage, both have rare number of coins,
BC only 74 million atm and Fair only 50 million.
Blackcoin and Faircoin are like brothers, many of my friend who made a nice sum of money with Blackcoin are now investing in Faircoin.Remember:
A wise investor never retire, just looking for new opportunity.My advice:
Blackcoin community sell some Blackcoin and buy some Faircoin, Faircoin community sell some Faircoin and buy into Blackcoin.i think about it
this is allways about something like that
100% premine vs 0% premine
1% inflation vs 6%...
being 1st BC is big plus (Multipool,and other stuff)
Fair is just following BC for those who thinks that they miss BC train but there is something more about that i wont swap my fair BC for premined Fair coins better i would invest in Mint seriously.
I have tried get some fair and i can tell thar wasn't so fair like it should ip was blocked and some people make bots to take "faircoin"
i don't want argue about that there is no point.
Oportunity for fair for me is gone whlie BC havereal peole backup real great dev and creative comunity
anyway people are looking for next BC train but should be wary is like AUR and other country coins
Like Doge and other bilion coin clones (PANDA.PND,Flappy,Cat,Moon..)...
Just not all can be next LTC,DOGE,BC... care with that missed trains.
1st with stable position is always usually stronger in long therm.
Anyway i wont never swap my BC for Fair
people are smarter now then in december 2014 they do not jump in any train
if you look at BC price 0.1$ this is real cheap for me i think 5$ per each it can be fair in future and should go up up with more adoptation and development
there is big room for it 0% premine show that is possible for coin to be big and you don't need premine at all for that reason BC is real BIG coin and is realy hard to copy it to copy that success without premine...
I am very happy with Blackcoin how it goes what is going arroud it.
Fair price jump is just reflect BC success and people wanted jump in some train "BC"
but arround BC are those events like Blackfriday,Mutipull,Blackcoincreaditcard...and more.