You understood that most of our community dont like to trade on bittrex? They neither like to get the faircoins cheaper, because feel that is not fair...
So, that calculation that perhaps you could do for other cryptocurrencies, not feets faircoin reality.
In many other currencies, the trading volume on exchanges comes 99% of speculation/short term trading. This is close to unexistant in faircoin.
If you want to do another calculation 2.5 M market cap needs 2500 persons with 1000 euros. And most of our people has not capacity to have savings, is people from the grasroots, who wants to use faircoin as a currency for real life.
Otherwise, volume in real economy is still not so big ok. (still close to 200 sellers accepts faircoin)
this is mainly because 2015 and 2016 has been years of developments, and really 2017 will be the first year when the focus on implementation and really use will be more important with faircoin 2, launch, fairpay launch and so on.
Anyway i am not promoting to buy....I was just sharing my optimism about what is going to happen
nobody force sellers to sell faircoin at bittrex with the price they want to sell,so it is a legal action if faircoop go into buy it up to make the profits ,if faircoop not even thinking of making profits while available then what to support the organisation to run for a long term aspect? i'm not here to ask faircoop to pump the price,i'm here to say faircoop have the responbility to maintain the reasonable price at freemarket which is bittrex atm(may be slighly lower about 5-10% of 0.05eud relatively to the price that sell at getfaircoin),this is the key point to proof that faircoop is really a serious business,and this is also very important to convince to the ppl who want to invest/use to buy faircoin at 0.05eud/faircoin with cash(ppl who don`t have bitcoin) or with bitcoin,you just can`t say that you don`t like or feel guilty if buy cheap bc it is just a poor accuse to avoid the burden that you have to face and don`t forget you(faircoop) is the only one who sell faircoin for cash with the open announcement,ppl who buy at your side are not totally cut off from the network informations bc they also have their cellphone or computer that connect to the internet to check the price of the open market.
right now the price on the open market is the pain to be fixed for faircoop,you can`t deny or ignore it if faircoop want to see the success,if faircoop choose to live with the closed market then faircoop is nothing different with the fait system that faircoop don`t trust from the beginning,faircoop may be lack of fund to fix the problem right now but there is still a chance if faircoop willing to set up a plant to fix the price of the open market as the priority objective,what to fear ppl to get away from faircoin is simply due to the attitude of faircoop ignored the chain reactions that started from open market for nearly 2 years.
one more thing here i would like to point it out is....you no need to terminate the POS(proof of stake) for imply POC bc it also provide a security layer of the blockchain,it will far more better for having both POC and POS all together as two layers of security..the interest from POS is also a good way to gain the fund for faircoop for a long term developement and 1.5% is not that much anyway.
