Topic: [ANN][FAIR] FairCoin - for a fair economy, featuring proof-of-cooperation - page 60. (Read 376780 times)

Already done... what a drama? 

This post (situation) sound dramatic...

This is changing all the time, as soon as someone do a 10$ operation will be there again 

smartaction

just for info, faircoin is not on the coinmarketcap frontpage anymore because volume is too low.

And two more forks giving more possibilities to use faircoin for payments

https://github.com/Punto0/faircoin-payments-for-woocommerce
Now accept faircoin in your Woocommerce site!!

https://github.com/Punto0/pycoin
Python-based Bitcoin and alt-coin utility library, forked for faircoin.  It helps generating faircoin addresses from the electrum mpk

Smartaction, using FairCoinTeam account

Seems that UberPay Electrum Multicoin Wallet for Android now supports FarCoin 

https://play.google.com/store/apps/details?id=com.mygeopay.wallet

Statement from Bitchain

https://bitcointalksearch.org/topic/bitchain-bitcoin-atm-is-up-and-running-again-in-athens-1222489

Bitchain already has a permanent Bitcoin ATM in Athens

The new economic scenario generated in Greece a few months ago, has opened the door to the growth and spread of Bitcoin cryptocurrency in this country.

For this reason, the Catalan firm Bitchain -pioneer in Spain in the implementation and management of Bitcoin's ATM -, and who already placed experimentally a ATM in July, at the Center of Innovation The Cube, now consolidates its presence in the capital of Greece with a permanent teller in greek-spanish restaurant APLO (A. Metaxa 30) in Exharquia -in the heart of the central district of Athens-, known as the hub of citizens mobilizations. APLO and the ATM open to the public every day from 18:00 PM to 24:00h hours, with a chance to extend the timetable in the future.

The ATM allows buy and sell Bitcoins. Users from Greece who already have this currency units may acquire Euros in cash, with a maximum of 1,000 Euros per transaction. Similarly, users can also buy Bitcoins.

With a simple operation Bitchain ATM deployed in APLO allows operations -in the timetable set by the restaurant- with this digital currency and they can buy products or services already sold in internet.

After the capital control of the economy in the country, Bitcoin is specially attractive for Greek citizens as it enables international online shopping because their credit cards have been banned since months ago

This instalation also has a collaboration agreement with FairCoop node of Athens, who opens in APLO a information point for alternative currencies: weekdays from 18 to 21 hours, where in addition to Bitcoin, it will promote Faircoin, the cryptocurrency for a fairer economy. 
Bitchain and FairCoop want to reach those audience who is still unfamiliar with cryptocurrencies, enabling anyone to settle a wallet and start to take the benefits of using Bitcoin and FairCoin.

Greek version

To Bitchain έχει ήδη ένα μόνιμo ATM στην Aθήνα.

To  νέo oικoνoμικό σκηνικό πoυ έχει δημιoυργηθεί τoυς τελευταίoυς μήνες  στην Eλλάδα, άνoιξε τoν δρόμo για την ανάπτυξη και την πρoώθηση τoυ  κρυπτo-νoμίσματoς Bitcoin στην χώρα.

Για  αυτό τo λόγo, η καταλανική εταιρία Bitchain, η oπoία είναι πρωτoπόρoς  στην εγκατάσταση και διαχείρηση Bitcoin ATM και η oπoία ήδη από τoν  περασμένo Ioύλιo τoπoθέτησε πειραματικά ένα Bitcoin ATM στo  startupπoλυχώρo "The Cube",  εδραιώνει τώρα την παρoυσία της στην ελληνική πρωτεύoυσα με ένα μόνιμo  ATM στo ελληνo-ισπανικό εστιατόριo "Aπλώ". Bρίσκεται στην A. Mεταξά 30,  στην καρδιά των Eξαρχείων, της περιoχής της Aθήνας πoυ απoτελεί εδώ και  χρόνια τo νευραλγικό κέντρo των κινητoπoιήσεων των πoλιτών. To "Aπλώ"  και τo Bitcoin ATM θα είναι ανoιχτά καθημερινά από τις 18:00 έως τις  24:00, με μεγάλες πιθανότητες επέκτασης τoυ ωραρίoυ στo μέλλoν.

To  ATM πρoσφέρει την δυνατότητα αγoράς και πώλησης Bitcoins. Mε αυτόν τoν  τρόπo, oι χρήστες της Eλλάδας πoυ ήδη κατέχoυν αυτά τα νoμίσματα,  μπoρoύν να απoκτήσoυν ευρώ σε μετρητά - μέ ανώτατo όριo 1000 ευρώ ανά  συναλλαγή.  Mε τoν ίδιo τρόπo, oι χρήστες θα μπoρoύν να αγoράσoυν  BitCoins... Mε μια απλή διαδικασία, oι χρήστες τoυ ATM της Bitchain στo  "Aπλώ", θα μπoρoύν να πραγματoπoιήσoυν, στo πλαίσιo τoυ ωραρίoυ τoυ  καταστήματoς, συναλλαγές με αυτό τo εικoνικό νόμισμα και να αγoράσoυν  πρoϊόντα ή υπηρεσίες πoυ ήδη πωλoύνται στoν internet χρησιμoπoιώντας  κρυπτo-νoμίσματα.


Eξαιτίας  των συνεχιζόμενων capital controls και της έλλειψης ρευστότητας στην  χώρα, τo BitCoin είναι ιδιαίτερα ελκυστικό για τoυς έλληνες πoλίτες,  καθώς επιτρέπει την πραγματoπoίηση online αγoρών στo εξωτερικό, πράγμα  πoυ εδώ και μήνες δεν μπoρoύν να κάνoυν με τις τραπεζικές τoυς κάρτες.
 

H  εγκατάσταση τoυ ATM, συνoδεύεται από μια συμφωνία συνεργασίας με τoν  κόμβo της FairCoop της Aθήνας, o oπoίoς ανoίγει στo "Aπλώ" ένα σημείo  πληρoφόρησης για τα εναλλακτικό - ψηφιακό συνάλλαγμα (καθημερινές από  18:00 έως 21:00), όπoυ εκτός από τo BitCoin θα πρoωθείται και τo  Faircoin, τo κρυπτo-νόμισμα για μια πιo δίκαιη oικoνoμία. Mε αυτόν τoν  τρόπo η Bitchain και η FairCoop θέλoυν να φτάσoυν στo κoινό πoυ δεν  είναι ακόμα εξoικειωμένo με τα κρυπτo-νoμίσματα, και να πρoσφέρoυν σε  όλoυς την δυνατότητα  να εγκαταστήσoυν ένα ψηφιακό πρoτoφόλι  και να  αρχίσoυν να εκμεταλλεύoνται τα πλεoνεκτήματα τoυ BitCoin και FairCoin.

Thanks for the clarification smartaction.

There are a lot of people who steals and are not known. If I am known is for "robbing" to the banks -the money that they create from nothing-, distribute between alternative social movements in Catalonia, and make it public as act of public disobedience, before neither banks or police was aware of the action,

1) One of the ways to create buys and buy support, is a company that is supporting the faircoop ecosystem and is commited to invest big ammounts of money in bittrex. Their action was supposed to begin some days ago, but still is pending of receiving pending investments that would left them to do that.

Also we are going to focus on supporting regional-local economies with the local nodes, as soon as the local nodes are better organized for recibing cash payments, they could be an important support for the price.


3) Is not a donation because you can spend the faircoin at the getfaircoin price in many places:  http://use.fair-coin.org
If you are in a region where there are no places accepting faircoin then you have the opportunity of joining, helping local merchants to join,
and being organized in a local node for supporting that merchants. Currently, there are groups working in diferent regions of Europe, specially Spain and Greecem and it looks that the places accepting are going to growth nextly

The incomes that are coming for getfaircoin are going for sustaining the faircoop ecosystem:

FairCoop is covering their expenses thanks to the getfaircoin sells from the last 6 months, and here there are a follow up of that expenses, where anyone can see, that this is about 5000 euros.
https://fair.coop/groups/faircoop-community/economic-management/forum/topic/notes-on-pooled-fund-expenses/

Otherwise, FairCoop also garantee that price to the merchants that accept in their shops. Last weeks already one Coop bar in Catalonia has used that option and has changed succesfully, 3330 faircoins to 150 euros Thats their page and public adress:
https://use.fair-coin.org/company/13-bruixes/
https://chain.fair-coin.org/address/fcc7Pa3D5FbYzoqdbgYNvzDuU4MNyCCJ6p

You have the right of share your opinion on our economic management habilities, and can disagree, but what is obvius is that the expenses of faircoop has cost around 100000 faircoins the last 6 month, and if we would change the price in getfaircoin following bittrex, perhaps that amount would be around 300000 - 400000 faircoins. Thanks to that politic of sustaining the price. The pooled fund of faircoop still have around 820000 faircoin and not 520000 faircoins...

making volume on bittrex is a joke you can simply buy/sell from another account at cost of only 0.25% of fee there are altcoins that doing this every 2 weeks, todays volume already execed the weekly limits.

Well I posted it so it doesn't get's missed.

By all I know the FairCoin Team is very interested in keeping the Coin on this exchange and so I asume they will do the required actions.
It's simple enough to avoid a delisting. All it takes is some trading on the exchange (buy or sell doesnt matters) to fullfill that average.

However in case of a delisting it might have devistating consequences since this is almost the only easy accessible place for otto normal from anywhere in the world to exchange FairCoin back into BTC.  That might change in the future but for now a delisting would be bad.

Is it good news or bad news?

That is the whole problem and lets the price plump.
It's ok to define a real price and ignore an exchange but only if that real price is supported both way through sell and buy oportunity.

If Bank's issue high speculative papers (options) they put offer for selling and buying on the market with a spread of a few percent.
The spread is their income.

The 150k sell order is a never one. I guess the one wants out.

An interesting offer if you consider the "real" price according to FairCoop but without a secured sell oportunity the real price isn't "real".

Byway. We have a warning on Bittrex:

" This market is in danger of de-listing due to low trade volume and lack of user interest. It may be removed on October 30th unless the average daily trade volume for the last 7 days exceeds 0.2 BTC. "

U know that enric duran is known for stealing right? 

to the guy who dumped 150k faircoins at low price. Thx for blocking the price it for a long long long time

don't forget about coopshares:

https://coopshares.net/2015/05/20/dividends-and-losses/

Profits or losses from trading on the money market for the function of market stability.

i think faircoop for now don't want start with losses for their few investors, right ? good dividends can be an incentive for new investors.

goal unfulfilled yet

Seriously, not supporting the price in bittrex for so long and asking that much for faircoin in getfaircoin only make faircoop look economic incompetent, or as scammer at worst. I do not mean to be rude, but this what it look like from an outsider. Once people buy in with getfaircoin, there is no way out at a fair price. Indeed faircoop automatically take about 90% of your money and put it in their pockets. How can people convince other to buy in getfaircoin in such condition?

I personnally think that either one of the 3 thing should be done
1) the price in bitrex should be support or
2) the price in getfaicoin shoukd be readjusted to it real market value or
3) It should be made clear on getfaircoin that transferring money there is a donation to the faircoop...

I have high respect for what the faircoop has achieve so far (im following faircoin from its beginning), but I see no common sense in what is going one there on this subject.

At the moment, there is no money velocity in getfaircoin because the asking price is simply not fair.

I hope im not to harsh, but im just giving up how  I feel about the situation.

I also hope this get fix asap.

Comparing 20150815.txt with 20151020.txt...
Increases in balance

Address	Previous balance	Current balance	Increase
fU3wRGZwese65gZqRiQiJvE483iyjY2QD4	5182660	5190855	8194
fEvr21zJFsNi6mUBPNKPXEjgrZ5kea1wjC	3469428	3488903	19475
fMxkQtTCFZpWuZNZQTq7HxwcZ6rQn1yAWj	2601649	2604702	3052
fJ7dwkfHiJW9867xcovaJ9QDN7khDEMJMm	1602897	1605311	2414
fGuNbxnGCQvPuWa8xQa9hSTZ2qfZnSd2JP	1130034	1133834	3799
faYgp65NECthrtcDjW9HT4kx4YiDLC7HsW	980095	985066	4971
fJWqntngYKP8PVcn7SfAZkFZghao4NTAbB	950242	955350	5108
fZnPRZ38uTwiuQmfqo6LtzzwLeNuYLxaRC	771196	773256	2059
fMiTtHAjBaVr8UG3YsiSxhEVYHzZnZF4h6	670907	673031	2123
fVkxsuSqZLbRQnonWjhupJZMQzcNZzKFaH	626811	630258	3446
fURcgmmEGxtYqUDshbVVhcbgqZjZQ4k3M1	588141	589638	1496
fX8St6sqUt1smYPA2sBbUYWAeyWwuZGzwS	516271	517766	1495
fcnYd4T9jc6nMEmtLwsbaxToUZcmWhwGH7	503823	505965	2141
fTAjCvkMZyPS6YjzACgsgL8u43qnoxYAeS	483459	485076	1617
fTJQK7WwijJHcUQPFJJPhFnCTKpD9XDR9o	446194	448797	2603
fHck6rtZ2wD2TKXu23woHtNW6NN2dxEnXK	432746	433524	778
fM1jz6N6GQG7SPHQLENFey8vY2u72SbJXy	412825	415045	2219
fMFh2VsuffGpLHSwBohwBu1ieu9Ks8HPSy	266484	267225	741
fPEejRd6r59diuBX3smCjJWGvfqTWpb2Ly	243577	244678	1100
fWkQcB9K74MrCdQeDd25onQPdPVQea72AM	240258	241322	1064
fVDuAskpTynBdxDUbjQTcka6sjsSMKVbxX	217869	218595	726
fKG5vcRrJ1PQ76TMyB8VkCBwh82vsqJKMD	214263	215550	1287
fLpHnTcHTocs1W5Ny96nJUXaHdD2w6NG37	195166	196206	1039
fS6d6drZVyCSP8pDkok3tFkzXWbxzKkCRf	178027	178318	290
fUjbzBJeaepS4iKMQQQ2E1YXAF9REPZr6C	171664	172409	745
fbS2ivpzxdPHdHK59jmidRWumthZGLDEBe	169645	170352	706
fXFWTWXr6DWnEicnaDeWgiPGCYjBrshVbN	165589	165956	366
fVFqey7xrznEpgwaBQUESf2TXjgD52SbS2	128099	128791	691
fMDcXwYVu65eb8N8CSEmDdBzJq1hcxX8j1	128069	128724	654
fGUxxpLmrCZQCXd2UtkzqN4hFtwT1MSa3J	120805	121182	376
fa6mzRnnPXxnbziFFe8cFaCJvNp7RbRExS	116599	116996	396
fbpAt5Schtt3qz72BPmrG4Z7jVimkahb1M	113964	114117	152
fERETqDGwiNfntJP65qSGSxev3SQVamN6J	111135	111465	329
fEmDifhukeNueghbDA1hAMyEdMEN72hfcq	109882	110250	367
fSSzVsCCUfncPwKiF98qFZqxvzktco57Xu	101693	102028	334
fFAS1XfVwnhGiAdxhN7VNU8MdWw2Ag74wX	101560	101953	392
fKRGxqKfbTaYFNwKYJgCgp7GPZUnUPWCAC	101222	101521	298
fEshX1hFBR6ThqUMTdFNEj4sqkyVcsvkA7	100655	100968	313
fHfzjYyx2sVT6am355Cz396daFrvgQwaNg	100313	100882	568
fFzzBmdgG1mEgynxWHm8CxM2FL8hfqeQgQ	100313	100881	567
fKMQpmwHqSp7uiLA1r2CwFLLtbEh6x7oMG	100321	100880	558
fEnSKMnDoGjoYMTAKoAp4agP2o3hbiLjkJ	100321	100876	555
fVFoKsu3Q48vcv55bUsyzxbceHG1cezHgZ	100323	100874	551
fRgf9m8jM89MRwSAp8kePHuUafeqTgmt9J	100315	100874	559
fWRgQfR3DbUaBqndkcdWfmERE4EA1N4Hv2	100321	100873	552
fTP79VzkzmRfianQJUJJkom71dcjyrfFJ1	91651	94060	2408
fRBg5RyBvfCHdPymWD9gY2FYbYGuVCXGqQ	89589	90150	561
fbJRtkc8pZrWShij98ZNHdbx9Q9my2x7yr	88181	88468	287
fdPimXPoUD94egu3S4TacCNrjKjbEBsLKH	86072	86202	129
fEtmie2hqK5mcCbzkm745yT15CaWWwQy9A	84678	85081	402
fTpPhfvZe8peTJY2hG6Y2WMGCV77WvCFwe	78913	79091	178
fMyXdER1VmuiEvXkPPin1Y6jt5BRQADDXV	77162	77896	733
fc4RXJum89NFXC77zJzfL44tEgtSMsBL4W	75618	75982	363

Decreases in balance

Address	Previous balance	Current balance	Decrease
fFY92MTcocuU2p6PtGAGsnNJY8N4VVxSyX	2296844	2222964	-73879
fRecovr5RiYKSh9hAJYR1jmTMapWMnBxRm	1613349	1597637	-15711
fMrft91X5ivt1yQVG5MNqykqwx1UxHMYfg	1449217	1436413	-12803
fbr6m87uGqJX7Lt1TaEfeY6dxe6yCTQAsW	1117808	1085803	-32004
fNWcvkQLg9ELKkV5gH1nsYBJnzHqw7pka7	840748	839733	-1015
fMq9cVibg1RR4STVnVAooWs7bACz3AJDGa	501096	490683	-10413
fSUxA2gRke1okA2SnLiCeCtiwkMLahLoa9	507261	450022	-57239
fKVM1f6cVUCzTpKYtpWnjSLMxuHFhoraAz	320065	318791	-1274
fMgjiV5ceF9p7EzRb3shtTaEQgG94D6FmP	228119	168552	-59566
fHi1tLkaqswtdknB7Qk3tURa4MhcoaruPu	142652	130292	-12359
fJ1Wir5YXUbxj42mTNVfH5HfMtzsPJMVUf	142029	128774	-13255
fH6nhQwTnBsAtTTpVk2vpFFYpmHXFHtFLB	244350	90066	-154284
fZ9a3Ymhp5QFeTSLe6hseBVTAJcnenCHtB	108158	77943	-30214

New Addresses

Address	Balance
fbjTUzb68E48nQkfXWjBbzGJBjfqDbTsyX	202359
fPrUTw82Rw7iw4HoCEQ7sbG2kadfdQrr7e	154283
fVdBwM3iNqLFvnecu3PVszfkRoZPH4PZiS	122595

thx Jack!!