Hello everybody
We have some good news for today:
1. We are proud to present the new faircoin website: http://www.fair-coin.org
2. In order to grow towards a community empowered Crypto Currency we are presenting the FairCoin Forum. http://forum.fair-coin.org
Everyone is invited to sign up and contribute.
We are promoting the following topics:
- General
-- Anouncements
– General discusion
-- News & Media
-- Fiction & Fantasy
-- Community & New Members
- Growth
-- Economics & Financial Analysis
-- Merchants & Adoption
-- FairProjects
-- FairFunding - Initiatives driven by donations
- Technical
-- Core Development
-- Software Support
-- Forum Support
- Other
3. FairFunding
As a development team we believe in the power of a democratic community, for this we want to manage the donation topic throug direct participation.
All projects will have a place on our Forum. Projects that need funding will have a dedicated FairCoin wallet address for donations.
The Development Team does not need any funding at the moment. All the expertises that we need are available in the team. Therefore donations to the general FairCoin Donation address will be used to tip over the scale on community Projects when and where required.
Welcome to the new Fair-Coin community!
FairCoin Development Team
Topic: [ANN] FairCoin (FAC) - NEW DEVELOPMENT TEAM - Innovation - Promoting Equality - - page 23. (Read 47071 times)
May 13, 2014, 02:21:25 PM
May 13, 2014, 02:07:58 PM
No volume at all on the last few days. whats happening? Wake up guys
http://fair-coin.org/Maybe will soon be updated.
Great work!!
May 13, 2014, 01:32:08 PM
No volume at all on the last few days. whats happening? Wake up guys
http://fair-coin.org/Maybe will soon be updated.
May 13, 2014, 11:44:02 AM
No volume at all on the last few days. whats happening? Wake up guys
May 13, 2014, 10:29:02 AM
Financial Analysis on FairCoin's price: Report #1
FairCoin has seen a variety of large ups and downs, as well as substantial periods of time with next to no activity. There were large periods of prosperity as well as depression throughout FairCoin's two previous months of existence. Today, I will be analyzing the value of FairCoin for the past week, and provide a bit of speculation on FairCoin's next target value.
As you can see in the picture above, the primary support level was tested various times throughout the original dev's absence. With the creation of the new dev team, the price rocketed up over 300%, consolidating at 1K satos various times, increasing and testing the primary resistance level twice, before decreasing once this period of short prosperity died down. The recession that followed was inevitable because the increase in value was relatively too fast. The tertiary support level established by day-traders was broken through. The secondary support level is now being thoroughly tested by moderate selling forces.
The main thing that's causing the continuous decrease in current value is the psychological powers at play here. Day-traders sell their holdings of FairCoin, in hope of buying in lower. This was seen in the tertiary and secondary levels established by these very traders, which most likely sold at above 1K satos and left their buy offers in at 900, 800, 700, and now 600 satos. The amount of sellers are decreasing by a lot, and more buy offers are being put up to account for the amount which they sold. There will be a very sudden trend reversal, and the price may likely rocket up again. Once day-traders see the price increasing again, they''ll pull out their lower buy supports and immediately start buying FairCoins in hope of it going up more. This is like a chain reaction, as more and more keep on buying.
I believe that FairCoin will not go below 500 satos. The primary support level was not broken for 3 weeks, and being reinforced by daytraders which sold their FairCoin holdings at over 500 satos, will most likely will not break. See, here is an example. If a person sold their 100K FairCoins at 1K satos, and with the 1 BitCoin return, left an offer for 200K FairCoins at 500 satos, and the person who he sold it to decided to dump his 100K FairCoins at 500 satos (at a loss), there wouldn't be enough FairCoins to cover the other 100K. And so, the remaining demand and the vanished supply will make the price price inevitable. I am applying this theory to FairCoin right now, because once the people that bought their FairCoins at over the current price dump their holdings, and the people that sold their FairCoins at over the current price put in buy supports at the current price (with the same amount of BitCoins), the buying force will have more FairCoins in value than the selling force. And that is why a rise in FairCoin's value will happen quite soon.
More financial analysis to come soon!
Kindest regards,
Adam Trat (Gladimor)
Community Manager, FairCoin
I enjoyed this more than itgeniousguru's theory, somehow make me calm
, keep it coming gladimor
May 13, 2014, 07:42:08 AM
Guys is here a IRC Channel for faircoin?
Yes its #faircoin on freenode, but we need to reactive it and put some presence
cheers
May 13, 2014, 06:14:08 AM
Guys is here a IRC Channel for faircoin?
May 13, 2014, 06:01:50 AM
So what's the status on the new website? When will it be ready?
What new sites online? Look forward to FAC.
Different parts of the domain and website have been configured this morning, last night and yesterday.
Still some work to do.
Once everything is set up correctly and the main site is up & running, we'll do an announcement here.
It's really a good news
May 13, 2014, 05:45:55 AM
So what's the status on the new website? When will it be ready?
What new sites online? Look forward to FAC.
Different parts of the domain and website have been configured this morning, last night and yesterday.
Still some work to do.
Once everything is set up correctly and the main site is up & running, we'll do an announcement here.
Thanks!
Great news
. Can't wait May 13, 2014, 05:43:02 AM
So what's the status on the new website? When will it be ready?
What new sites online? Look forward to FAC.
Different parts of the domain and website have been configured this morning, last night and yesterday.
Still some work to do.
Once everything is set up correctly and the main site is up & running, we'll do an announcement here.
Thanks!
May 13, 2014, 05:24:21 AM
So what's the status on the new website? When will it be ready?
What new sites online? Look forward to FAC.
Different parts of the domain and website have been configured this morning, last night and yesterday.
Still some work to do.
Once everything is set up correctly and the main site is up & running, we'll do an announcement here.
May 13, 2014, 04:42:43 AM
Quote
Quote from: SomeRelax on May 12, 2014, 12:29:24 PM
hey guys,
if the latest coin design that i posted here is OK, then please change the logo in the OP
I like this logo.
hey guys,
if the latest coin design that i posted here is OK, then please change the logo in the OP
I like this logo.
Yes, we should change the logo or at least let vote for a new one so that it is obvious that FAC is in progress and is different (and better) with its new dev team.
May 13, 2014, 03:57:11 AM
What new sites online? Look forward to FAC.
May 13, 2014, 03:41:19 AM
So what's the status on the new website? When will it be ready?
May 13, 2014, 03:40:48 AM
What is FairCoin?
Huh? Are you new here?
Have a seat... relax and make yourself comfortable. I will tell you the whole story from the very beginning.
May 12, 2014, 11:09:19 PM
What is FairCoin?
Huh? Are you new here?
Have a seat... relax and make yourself comfortable. I will tell you the whole story from the very beginning.
May 12, 2014, 09:13:59 PM
Financial Analysis on FairCoin's price: Report #1
FairCoin has seen a variety of large ups and downs, as well as substantial periods of time with next to no activity. There were large periods of prosperity as well as depression throughout FairCoin's two previous months of existence. Today, I will be analyzing the value of FairCoin for the past week, and provide a bit of speculation on FairCoin's next target value.
As you can see in the picture above, the primary support level was tested various times throughout the original dev's absence. With the creation of the new dev team, the price rocketed up over 300%, consolidating at 1K satos various times, increasing and testing the primary resistance level twice, before decreasing once this period of short prosperity died down. The recession that followed was inevitable because the increase in value was relatively too fast. The tertiary support level established by day-traders was broken through. The secondary support level is now being thoroughly tested by moderate selling forces.
The main thing that's causing the continuous decrease in current value is the psychological powers at play here. Day-traders sell their holdings of FairCoin, in hope of buying in lower. This was seen in the tertiary and secondary levels established by these very traders, which most likely sold at above 1K satos and left their buy offers in at 900, 800, 700, and now 600 satos. The amount of sellers are decreasing by a lot, and more buy offers are being put up to account for the amount which they sold. There will be a very sudden trend reversal, and the price may likely rocket up again. Once day-traders see the price increasing again, they''ll pull out their lower buy supports and immediately start buying FairCoins in hope of it going up more. This is like a chain reaction, as more and more keep on buying.
I believe that FairCoin will not go below 500 satos. The primary support level was not broken for 3 weeks, and being reinforced by daytraders which sold their FairCoin holdings at over 500 satos, will most likely will not break. See, here is an example. If a person sold their 100K FairCoins at 1K satos, and with the 1 BitCoin return, left an offer for 200K FairCoins at 500 satos, and the person who he sold it to decided to dump his 100K FairCoins at 500 satos (at a loss), there wouldn't be enough FairCoins to cover the other 100K. And so, the remaining demand and the vanished supply will make the price price inevitable. I am applying this theory to FairCoin right now, because once the people that bought their FairCoins at over the current price dump their holdings, and the people that sold their FairCoins at over the current price put in buy supports at the current price (with the same amount of BitCoins), the buying force will have more FairCoins in value than the selling force. And that is why a rise in FairCoin's value will happen quite soon.
More financial analysis to come soon!
Kindest regards,
Adam Trat (Gladimor)
Community Manager, FairCoin
I enjoyed this more than itgeniousguru's theory, somehow make me calm
, keep it coming gladimor May 12, 2014, 08:54:10 PM
What is FairCoin?
May 12, 2014, 08:43:12 PM
Financial Analysis on FairCoin's price: Report #1
FairCoin has seen a variety of large ups and downs, as well as substantial periods of time with next to no activity. There were large periods of prosperity as well as depression throughout FairCoin's two previous months of existence. Today, I will be analyzing the value of FairCoin for the past week, and provide a bit of speculation on FairCoin's next target value.
https://i.imgur.com/xDIAcRI.png
As you can see in the picture above, the primary support level was tested various times throughout the original dev's absence. With the creation of the new dev team, the price rocketed up over 300%, consolidating at 1K satos various times, increasing and testing the primary resistance level twice, before decreasing once this period of short prosperity died down. The recession that followed was inevitable because the increase in value was relatively too fast. The tertiary support level established by day-traders was broken through. The secondary support level is now being thoroughly tested by moderate selling forces.
The main thing that's causing the continuous decrease in current value is the psychological powers at play here. Day-traders sell their holdings of FairCoin, in hope of buying in lower. This was seen in the tertiary and secondary levels established by these very traders, which most likely sold at above 1K satos and left their buy offers in at 900, 800, 700, and now 600 satos. The amount of sellers are decreasing by a lot, and more buy offers are being put up to account for the amount which they sold. There will be a very sudden trend reversal, and the price may likely rocket up again. Once day-traders see the price increasing again, they''ll pull out their lower buy supports and immediately start buying FairCoins in hope of it going up more. This is like a chain reaction, as more and more keep on buying.
I believe that FairCoin will not go below 500 satos. The primary support level was not broken for 3 weeks, and being reinforced by daytraders which sold their FairCoin holdings at over 500 satos, will most likely will not break. See, here is an example. If a person sold their 100K FairCoins at 1K satos, and with the 1 BitCoin return, left an offer for 200K FairCoins at 500 satos, and the person who he sold it to decided to dump his 100K FairCoins at 500 satos (at a loss), there wouldn't be enough FairCoins to cover the other 100K. And so, the remaining demand and the vanished supply will make the price price inevitable. I am applying this theory to FairCoin right now, because once the people that bought their FairCoins at over the current price dump their holdings, and the people that sold their FairCoins at over the current price put in buy supports at the current price (with the same amount of BitCoins), the buying force will have more FairCoins in value than the selling force. And that is why a rise in FairCoin's value will happen quite soon.
More financial analysis to come soon!
Kindest regards,
Adam Trat (Gladimor)
Community Manager, FairCoin
May 12, 2014, 04:15:20 PM
FAC seems to be pretty stable at 700sat...if everybody would see fac as a long term inverstment and hold it for several month it would grow so fast. I actually dont understand why anybody would sell at this price...there isnt even a selling pressure from miners which would push the price down.
Only thing I guess is they get nervous or have bills to pay.
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