If they would mantain the sells at 30000, it would cost the double of money to us
Topic: [ANN][FAIR] FairCoin - for a fair economy, featuring proof-of-cooperation - page 81. (Read 376780 times)
June 02, 2015, 07:02:53 AM
Funny how some people is selling this amounts at so low (just bougth 30000 at 15000)
If they would mantain the sells at 30000, it would cost the double of money to us
If they would mantain the sells at 30000, it would cost the double of money to us
June 02, 2015, 05:08:25 AM
First Coop Shop in New York accepting faircoin
http://diegodelavega.nyc/about.html
The Diego de la Vega Coffee Co-Op offers organic coffee sourced locally in Chiapas from Zapatista autonomous farms. Cups of coffee can be traded for alternative currency, barter, and time deposits (as well, as voluntary money donations). We welcome Faircoin!
Our goal is to connect anti-capitalist social movements in New York City with their pairs in Chiapas and create a a horizontal financial flow between them.
Contact us for more info and to book us for coffee catering at your demonstrations, events, meetings, etc.
http://diegodelavega.nyc/about.html
The Diego de la Vega Coffee Co-Op offers organic coffee sourced locally in Chiapas from Zapatista autonomous farms. Cups of coffee can be traded for alternative currency, barter, and time deposits (as well, as voluntary money donations). We welcome Faircoin!
Our goal is to connect anti-capitalist social movements in New York City with their pairs in Chiapas and create a a horizontal financial flow between them.
Contact us for more info and to book us for coffee catering at your demonstrations, events, meetings, etc.
June 01, 2015, 03:39:36 PM
First fairsaving report:
https://fair.coop/groups/faircoop-community/fairsaving-998091977/forum/topic/fairsaving-report/
https://fair.coop/groups/faircoop-community/fairsaving-998091977/forum/topic/fairsaving-report/
June 01, 2015, 03:39:01 PM
any fairtoearth video available?
There are a video coming soon from galizian comrades
June 01, 2015, 02:45:07 PM
any fairtoearth video available?
May 31, 2015, 05:37:49 PM
The price of getfaircoin has been moved from 1 Eur = 14 FAIR to 1 € = 16 FAIR
As you could read in the thread this is the first time that we move the price down. After the fast growth
that we has been seen during the last month, this last week we have observed that finally high sell pressure has came to bittrex, bigger than the getfaircoin buying power, concluding in stable lows around 20000 Satoshis, this sunday.
Perhaps some sell pressure come from people taking profits, after being patient until now, but also we have observed that a part of that sells comes after people that abandoned faircoin long ago, recovered attention after see faircoin in the top 15 in the coin rankings.
So, this could be something momentary.
As we do when the price is growing, we are a prudent in the change of today, because one of the mission of getfaircoin
is to help to give more stability to the faircoin markets.
Because we has been rebuilding the getfaircoin reserves, we temporarely have removed the weeky limit of 1000 euros for guarantee for you the current 1/16 price.
(anyway more than 5000 euros, could need a confirmation of that price...)
As a community is important to be able to act with countertrend positions, and try to be more conservative in purchases when lot of unknown people is buying, and as similar try to show purchasing power when lot of unknown people is selling. This is how we can make faircoin an stable and useful currency for trade so, this situations like last days are important to learn before fairmarket and other merchants launch their payments tools.
In fact, now you can help to change the trend of this last days, chosing this moment to buy up on getfaircoin.net or bittrex.
Thanks for your contribution.
As you could read in the thread this is the first time that we move the price down. After the fast growth
that we has been seen during the last month, this last week we have observed that finally high sell pressure has came to bittrex, bigger than the getfaircoin buying power, concluding in stable lows around 20000 Satoshis, this sunday.
Perhaps some sell pressure come from people taking profits, after being patient until now, but also we have observed that a part of that sells comes after people that abandoned faircoin long ago, recovered attention after see faircoin in the top 15 in the coin rankings.
So, this could be something momentary.
As we do when the price is growing, we are a prudent in the change of today, because one of the mission of getfaircoin
is to help to give more stability to the faircoin markets.
Because we has been rebuilding the getfaircoin reserves, we temporarely have removed the weeky limit of 1000 euros for guarantee for you the current 1/16 price.
(anyway more than 5000 euros, could need a confirmation of that price...)
As a community is important to be able to act with countertrend positions, and try to be more conservative in purchases when lot of unknown people is buying, and as similar try to show purchasing power when lot of unknown people is selling. This is how we can make faircoin an stable and useful currency for trade so, this situations like last days are important to learn before fairmarket and other merchants launch their payments tools.
In fact, now you can help to change the trend of this last days, chosing this moment to buy up on getfaircoin.net or bittrex.
Thanks for your contribution.
May 31, 2015, 05:17:38 PM
at least they can't dump a second time 
if there's a sustained buy pressure in getfaircoin the price will constantly rise again.
if there's a sustained buy pressure in getfaircoin the price will constantly rise again.
There wont be pressure if the price is not decreased I think
May 31, 2015, 04:53:53 PM
at least they can't dump a second time
if there's a sustained buy pressure in getfaircoin the price will constantly rise again.
if there's a sustained buy pressure in getfaircoin the price will constantly rise again.
May 31, 2015, 01:44:26 PM
What is the amount of faircoin reclaim from the initial distribution the last few weeks?
Just follow the money: https://chain.fair-coin.org/address/fRecovr5RiYKSh9hAJYR1jmTMapWMnBxRm
We've returned approx 300K-FairCoin in May, we've received about 25 support tickets in that same month.
That explain in part what is going on...
May 31, 2015, 01:39:28 PM
What is the amount of faircoin reclaim from the initial distribution the last few weeks?
Just follow the money: https://chain.fair-coin.org/address/fRecovr5RiYKSh9hAJYR1jmTMapWMnBxRm
We've returned approx 300K-FairCoin in May, we've received about 25 support tickets in that same month.
that's a lot of fair coin. I am not too worried about the price though.
May 31, 2015, 11:47:57 AM
What is the amount of faircoin reclaim from the initial distribution the last few weeks?
Just follow the money: https://chain.fair-coin.org/address/fRecovr5RiYKSh9hAJYR1jmTMapWMnBxRm
We've returned approx 300K-FairCoin in May, we've received about 25 support tickets in that same month.
May 31, 2015, 10:13:03 AM
What is the amount of faircoin reclaim from the initial distribution the last few weeks?
May 31, 2015, 09:11:27 AM
Hmm, big price correction.
Has been a lot of people that forgotten about us and had some faircoins horded in some wallet, and has awaked after see that faircoin is in the top 15.
And this, together with the big growth on last months and weeks has created a big sell presure, during this last week.
This is a stage that needs to happen, at some point and after that I see that we will be able to continue the steadly growth...
Meanwhile today is a good oportunity for the faircoin believers to improve their holping at good price, and helping to give stability to the price.
Maybe should be a correction euro/faircoin in getfaircoin.net...
About "faircoin believers", this expression makes me smile...
May 31, 2015, 07:09:11 AM
Hmm, big price correction.
Has been a lot of people that forgotten about us and had some faircoins horded in some wallet, and has awaked after see that faircoin is in the top 15.
And this, together with the big growth on last months and weeks has created a big sell presure, during this last week.
This is a stage that needs to happen, at some point and after that I see that we will be able to continue the steadly growth...
Meanwhile today is a good oportunity for the faircoin believers to improve their holping at good price, and helping to give stability to the price.
May 28, 2015, 01:07:27 PM
calculate how many coins you can mint its simple:
coin amount / 100 x 3 = yearly minting
50000 FAIR can become 51500 after a year at 3%, on february 2 of 2016 minting reward half to 1,5%.
to calculate minting reward on age base:
yearly minting / 365 x age of transaction = age base minting
50000 FAIR can mint after 21 days 86 FAIR
Probability is related to many factors:
amount of coins, age of transaction and minting difficulty you can check here for difficulty
https://chain.fair-coin.org/rt/connected-nodes.html
many open wallets means more competition and higher difficulty, the more days pass higher is probability, until you reach the maximum weight after 90 days.
coin amount / 100 x 3 = yearly minting
50000 FAIR can become 51500 after a year at 3%, on february 2 of 2016 minting reward half to 1,5%.
to calculate minting reward on age base:
yearly minting / 365 x age of transaction = age base minting
50000 FAIR can mint after 21 days 86 FAIR
Probability is related to many factors:
amount of coins, age of transaction and minting difficulty you can check here for difficulty
https://chain.fair-coin.org/rt/connected-nodes.html
many open wallets means more competition and higher difficulty, the more days pass higher is probability, until you reach the maximum weight after 90 days.
Thank you for the explanation Jack, that was very clear
May 31, 2015, 03:45:34 AM
Hmm, big price correction.
May 30, 2015, 05:34:53 PM
Article from Nathan Schneider about FairCoop in thenation.com
www.thenation.com/article/208057/5-ways-take-back-tech as one of te 5 ways to take back for the people
The chapter about faircoop and faircoin is titled: Power to the People (Not the Platform)
www.thenation.com/article/208057/5-ways-take-back-tech as one of te 5 ways to take back for the people
The chapter about faircoop and faircoin is titled: Power to the People (Not the Platform)
Cool ! Very nice article !!!
May 30, 2015, 09:43:02 AM
Article from Nathan Schneider about FairCoop in thenation.com
www.thenation.com/article/208057/5-ways-take-back-tech as one of te 5 ways to take back for the people
The chapter about faircoop and faircoin is titled: Power to the People (Not the Platform)
www.thenation.com/article/208057/5-ways-take-back-tech as one of te 5 ways to take back for the people
The chapter about faircoop and faircoin is titled: Power to the People (Not the Platform)
May 30, 2015, 04:53:45 AM
A while ago my colleague did a demo in Poland how you withdraw Zloty's from the ATM using FairCoin, the FairCoin mobile Android wallet and the FairToEarth app from Chip Chap.
The video still needs to be cut, but here's a collage for now:
Sources:
- Fair To Earth -> https://play.google.com/store/apps/details?id=com.fairtoearth.android
- FairCoin Android wallet -> https://play.google.com/store/apps/details?id=de.schildbach.wallet.faircoin
- Chip-Chap -> https://chip-chap.com/
- HalCash -> http://www.halcash.com/es/bienvenidos/
The video still needs to be cut, but here's a collage for now:
Sources:
- Fair To Earth -> https://play.google.com/store/apps/details?id=com.fairtoearth.android
- FairCoin Android wallet -> https://play.google.com/store/apps/details?id=de.schildbach.wallet.faircoin
- Chip-Chap -> https://chip-chap.com/
- HalCash -> http://www.halcash.com/es/bienvenidos/
May 27, 2015, 07:49:00 PM
Can anybody explain how does the minting process works after the 21 days? After 21 Days still say 0% Probability...
I need a Minting guide for Dummies since I've read a lot about minting in other sites but not sure even about the meaning of minting indeed.
Do I get extra coins after these 21 days?
How can I calculate how many Faircoins will I get?
what means staking?
Thanx a lot
I need a Minting guide for Dummies since I've read a lot about minting in other sites but not sure even about the meaning of minting indeed.
Do I get extra coins after these 21 days?
How can I calculate how many Faircoins will I get?
what means staking?
Thanx a lot
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