Nxt asset's are pure speculation objects.
Don't put them all in the same basket. Do your due diligence.
Topic: [ANN][FAIR] FairCoin - for a fair economy, featuring proof-of-cooperation - page 91. (Read 376718 times)
May 17, 2015, 05:24:43 PM
Don't put them all in the same basket. Do your due diligence.
May 17, 2015, 04:07:34 PM
This would increase the visibility of faircoin in the cryptosphere.
Edit: Investment from investors on Nxt asset exchange can be quite large sometime. So faircoin could get up to 1/20 of this.
I have my doubts that an increased visibility of a cryptocoin is a postive thing. Look back to all the coins that enjoyed height visibility. They are all strugeling. Hardly any cryptocoin that became a ball of the crypto speculation has any value anymore.
If you see how extremly well this coin is doing and how every other well known coin is strugleing than maybe.. just maybe the lesser visibility is a contributive factor in it's success.
Nxt asset's are pure speculation objects. This coin is the oposite. If FairMarket becomes reality the coin has a real value.
May 17, 2015, 03:50:02 PM
It would be nice to try to get a place into this index (dow jones of crypto):
http://coinoindex.com/
However, I think getfaircoin and fairtoearth might need an API where both daily volume and exchange price moving average could be obtain. Bittrex volume is not enought for the moment, I think.
That fund from coinomat could hold faircoin as an indirect investment from Nxt asset exchange. Note that each cryptocurrency will hold the same weights in the fund.
Since a couple of weeks and more than one time, I have asked for the true volume of faircoin because I think that this is important for a coin for everyone to know. Now, I think this is a good opportunity to set this up correctly from the faircoop backend so that this info can be obtain in realtime.
This would increase the visibility of faircoin in the cryptosphere.
Edit: Investment from investors on Nxt asset exchange can be quite large sometime. So faircoin could get up to 1/20 of this.
http://coinoindex.com/
However, I think getfaircoin and fairtoearth might need an API where both daily volume and exchange price moving average could be obtain. Bittrex volume is not enought for the moment, I think.
That fund from coinomat could hold faircoin as an indirect investment from Nxt asset exchange. Note that each cryptocurrency will hold the same weights in the fund.
Since a couple of weeks and more than one time, I have asked for the true volume of faircoin because I think that this is important for a coin for everyone to know. Now, I think this is a good opportunity to set this up correctly from the faircoop backend so that this info can be obtain in realtime.
This would increase the visibility of faircoin in the cryptosphere.
Edit: Investment from investors on Nxt asset exchange can be quite large sometime. So faircoin could get up to 1/20 of this.
Getfaircoin.net volume can not be got in realtime because it would give adventage to short time traders related the getfaircoin funds, because we need days to move the funds that we receive in getfaircoin... so this is not going to happen...
Otherwise, anyway by our current trend and growth in some weeks you will have this daily 1000 $ minimal in bittrex
Volume in Bittrex right now is not more bigger, because there are very few sellers !!
May 17, 2015, 01:49:22 PM
It would be nice to try to get a place into this index (dow jones of crypto):
http://coinoindex.com/
However, I think getfaircoin and fairtoearth might need an API where both daily volume and exchange price moving average could be obtain. Bittrex volume is not enought for the moment, I think.
That fund from coinomat could hold faircoin as an indirect investment from Nxt asset exchange. Note that each cryptocurrency will hold the same weights in the fund.
Since a couple of weeks and more than one time, I have asked for the true volume of faircoin because I think that this is important for a coin for everyone to know. Now, I think this is a good opportunity to set this up correctly from the faircoop backend so that this info can be obtain in realtime.
This would increase the visibility of faircoin in the cryptosphere.
Edit: Investment from investors on Nxt asset exchange can be quite large sometime. So faircoin could get up to 1/20 of this.
http://coinoindex.com/
However, I think getfaircoin and fairtoearth might need an API where both daily volume and exchange price moving average could be obtain. Bittrex volume is not enought for the moment, I think.
That fund from coinomat could hold faircoin as an indirect investment from Nxt asset exchange. Note that each cryptocurrency will hold the same weights in the fund.
Since a couple of weeks and more than one time, I have asked for the true volume of faircoin because I think that this is important for a coin for everyone to know. Now, I think this is a good opportunity to set this up correctly from the faircoop backend so that this info can be obtain in realtime.
This would increase the visibility of faircoin in the cryptosphere.
Edit: Investment from investors on Nxt asset exchange can be quite large sometime. So faircoin could get up to 1/20 of this.
May 16, 2015, 10:15:50 PM
The price in getfaircoin.net has moved from 1 € = 35 FAIR to 1 € = 32 FAIR
With this new change we abandone the practice about 5 numbers move at a time and begin to use smallers numbers...
This is a change to get closer to the price of bittrex, because we chosed not to applicate only in one day the big change of bittrex from yesterday.
Meanwhile bittrex and bitcoin has been stable and the volume in getfaircoin.net still in saturday is being sustained in the upwards trend showed in the graphics
With this new change we abandone the practice about 5 numbers move at a time and begin to use smallers numbers...
This is a change to get closer to the price of bittrex, because we chosed not to applicate only in one day the big change of bittrex from yesterday.
Meanwhile bittrex and bitcoin has been stable and the volume in getfaircoin.net still in saturday is being sustained in the upwards trend showed in the graphics
May 16, 2015, 07:05:31 PM
Quote
https://fair.coop/docs/new-faircoop-startup-p2p-equity-crowdfunding-and-liquidity-fund/
7. Coopshares Investment Fund (CIF)
We will build an investment fund that will distribute funds and the associated risk between a large number of projects that will crowdinvest themselves using the Coopshares P2P Equity Platform.
This will be a way to make sure that interesting projects will be funded having been chosen and accepted within the Coopshares Platform. The distribution made by the CIF will also decrease risk by simultaneously promoting many projects, in a similar way to that which investment funds work within the official financial system, but adapted towards the commons and based on open cooperative projects.
The Coopshares members will be able to decide which projects will be funded in a democratic way. Some rules will be necessary in order to manage the risk, for example not to invest more than 5% of the fund in any single project.
https://fair.coop/docs/new-faircoop-startup-p2p-equity-crowdfunding-and-liquidity-fund/
7. Coopshares Investment Fund (CIF)
We will build an investment fund that will distribute funds and the associated risk between a large number of projects that will crowdinvest themselves using the Coopshares P2P Equity Platform.
This will be a way to make sure that interesting projects will be funded having been chosen and accepted within the Coopshares Platform. The distribution made by the CIF will also decrease risk by simultaneously promoting many projects, in a similar way to that which investment funds work within the official financial system, but adapted towards the commons and based on open cooperative projects.
The Coopshares members will be able to decide which projects will be funded in a democratic way. Some rules will be necessary in order to manage the risk, for example not to invest more than 5% of the fund in any single project.
https://fair.coop/docs/new-faircoop-startup-p2p-equity-crowdfunding-and-liquidity-fund/
This sounds very interesting and I'll probably be investing at least 50% of my (now relatively valuable) FairCoin holdings into it. I'm glad I put the relatively very little bitcoin into FairCoin that I did. It's currently worth at least x10 what I paid
May 16, 2015, 07:03:16 PM
any guess where are those money coming from?
Perhaps around 70% of the money comes from Spain investors and 30% are distributed around...
And yes, comes from people that feels that faircoin is a good way for put some savings with ethics...
or also people that put lower amount to have some faircoins to test and perhaps spend in the future..
May 16, 2015, 10:43:11 AM
Would be also great to .. at some point .. get out of bittrex.
But then how would we know what the market price is ? And also the market needs to stay open.
So unless FAIR gets it's own exchange, I don't see any way around the exchanges.
Or do you have an alternative ?
I was actually thinking that we should now try to get on more exchanges than just Bittrex, to be less dependant on one exchange and to increase the volumes.
What do the rest of you think ?
I agree with you,get out of bittrex is not a good choice, and why?
I agree that Fair should reach more exchanges, more exchanges, and more people will know Fair,also more people will buy and keep Fair, as I know,there is very few people talk about fair in China since Mintpal was closed. many people even don't know that Fair have born again.
btw, I will try to contact exchanges in China, like http://www.bter.com and http://www.btc38.com, also maybe http://www.jubi.com
aye, please do not touch to bter... they are anonymous scammer.
i contacted bter before..but they dont give a shit...they just busy dying.
i am a chinese,but i think maybe it's a good thing to keep away from chinese at this moment....because most of chinese just want pump and dump.it may hurt FAIR at this very beginning
i think we should keep our eyes away from the price,and focus of the movement to make FAIR more useful..just like build fairmarket, using faircoin.
yes, keep away from Chinese will make Fair less speculative, most of Chinese don't care the future of a coin, they just pump and dump and make profit from, but there are also many Chinese like me, want do something for virtual currencies ,not just for speculating.
I think let Fair be listed in China exchanges will definitely make much more people know Fair
May 16, 2015, 10:27:01 AM
Would be also great to .. at some point .. get out of bittrex.
But then how would we know what the market price is ? And also the market needs to stay open.
So unless FAIR gets it's own exchange, I don't see any way around the exchanges.
Or do you have an alternative ?
I was actually thinking that we should now try to get on more exchanges than just Bittrex, to be less dependant on one exchange and to increase the volumes.
What do the rest of you think ?
I agree with you,get out of bittrex is not a good choice, and why?
I agree that Fair should reach more exchanges, more exchanges, and more people will know Fair,also more people will buy and keep Fair, as I know,there is very few people talk about fair in China since Mintpal was closed. many people even don't know that Fair have born again.
btw, I will try to contact exchanges in China, like http://www.bter.com and http://www.btc38.com, also maybe http://www.jubi.com
aye, please do not touch to bter... they are anonymous scammer.
i contacted bter before..but they dont give a shit...they just busy dying.
i am a chinese,but i think maybe it's a good thing to keep away from chinese at this moment....because most of chinese just want pump and dump.it may hurt FAIR at this very beginning
i think we should keep our eyes away from the price,and focus of the movement to make FAIR more useful..just like build fairmarket, using faircoin.
To create qualitative attention in china the better step could be to translate fair.coop site to chinese mandarin. There are a bounty of 20000 Faircoin for that: https://fair.coop/groups/faircoop-community/bounties-rewarding-projects-85590309/forum/topic/1-2-3-translate-the-faircoop-site-to-chinese-mandarin-arabic-rusian/
I could do this job, I will have a try.
May 16, 2015, 09:53:45 AM
any guess where are those money coming from?
May 16, 2015, 07:04:54 AM
Article for promote voting FairCoop in Ouishare fest
http://magazine.ouishare.net/2015/05/vote-for-faircoop-ouishare-awards-2015-nominee/
http://magazine.ouishare.net/2015/05/vote-for-faircoop-ouishare-awards-2015-nominee/
May 16, 2015, 06:33:22 AM
Updated getfaircoin graphics
May 16, 2015, 06:18:10 AM
I dont like to see faircoin become to speculative.
The more exchanges the more speculative it becomes.
I would like to see value increase by the sites like they are now. Getfaircoin.net. bitbill to pay your bills. hopefully we can provide cash for startup companies with decent, green and good ideas.
that will be in my humble opinion a better way to see this 'economy' grow. not by speculative trading on shady exchange sites but really invest in something that is usefull for society.
question.
Now our progress in society is blocked by a lot of copyright and patents.
Say that you make an item that is patended or copyrighted but you buy this product by a cryptocurrency like faircoin.
do the same rules apply? Can big companies still hold your ideas down?
The more exchanges the more speculative it becomes.
I would like to see value increase by the sites like they are now. Getfaircoin.net. bitbill to pay your bills. hopefully we can provide cash for startup companies with decent, green and good ideas.
that will be in my humble opinion a better way to see this 'economy' grow. not by speculative trading on shady exchange sites but really invest in something that is usefull for society.
question.
Now our progress in society is blocked by a lot of copyright and patents.
Say that you make an item that is patended or copyrighted but you buy this product by a cryptocurrency like faircoin.
do the same rules apply? Can big companies still hold your ideas down?
May 16, 2015, 05:11:08 AM
Would be also great to .. at some point .. get out of bittrex.
But then how would we know what the market price is ? And also the market needs to stay open.
So unless FAIR gets it's own exchange, I don't see any way around the exchanges.
Or do you have an alternative ?
I was actually thinking that we should now try to get on more exchanges than just Bittrex, to be less dependant on one exchange and to increase the volumes.
What do the rest of you think ?
I agree with you,get out of bittrex is not a good choice, and why?
I agree that Fair should reach more exchanges, more exchanges, and more people will know Fair,also more people will buy and keep Fair, as I know,there is very few people talk about fair in China since Mintpal was closed. many people even don't know that Fair have born again.
btw, I will try to contact exchanges in China, like http://www.bter.com and http://www.btc38.com, also maybe http://www.jubi.com
aye, please do not touch to bter... they are anonymous scammer.
i contacted bter before..but they dont give a shit...they just busy dying.
i am a chinese,but i think maybe it's a good thing to keep away from chinese at this moment....because most of chinese just want pump and dump.it may hurt FAIR at this very beginning
i think we should keep our eyes away from the price,and focus of the movement to make FAIR more useful..just like build fairmarket, using faircoin.
To create qualitative attention in china the better step could be to translate fair.coop site to chinese mandarin. There are a bounty of 20000 Faircoin for that: https://fair.coop/groups/faircoop-community/bounties-rewarding-projects-85590309/forum/topic/1-2-3-translate-the-faircoop-site-to-chinese-mandarin-arabic-rusian/
May 16, 2015, 05:08:17 AM
Would be also great to .. at some point .. get out of bittrex.
But then how would we know what the market price is ? And also the market needs to stay open.
So unless FAIR gets it's own exchange, I don't see any way around the exchanges.
Or do you have an alternative ?
I was actually thinking that we should now try to get on more exchanges than just Bittrex, to be less dependant on one exchange and to increase the volumes.
What do the rest of you think ?
I agree with you,get out of bittrex is not a good choice, and why?
I agree that Fair should reach more exchanges, more exchanges, and more people will know Fair,also more people will buy and keep Fair, as I know,there is very few people talk about fair in China since Mintpal was closed. many people even don't know that Fair have born again.
btw, I will try to contact exchanges in China, like http://www.bter.com and http://www.btc38.com, also maybe http://www.jubi.com
aye, please do not touch to bter... they are anonymous scammer.
More interesting than exchanges are some services like bitcoinwisdom.com and shapeshift.io now that Faircoin is at 2M they dont have any motivation to no add us... Could be great to help asking them to add faircoin
May 16, 2015, 04:52:25 AM
Would be also great to .. at some point .. get out of bittrex.
But then how would we know what the market price is ? And also the market needs to stay open.
So unless FAIR gets it's own exchange, I don't see any way around the exchanges.
Or do you have an alternative ?
I was actually thinking that we should now try to get on more exchanges than just Bittrex, to be less dependant on one exchange and to increase the volumes.
What do the rest of you think ?
I agree with you,get out of bittrex is not a good choice, and why?
I agree that Fair should reach more exchanges, more exchanges, and more people will know Fair,also more people will buy and keep Fair, as I know,there is very few people talk about fair in China since Mintpal was closed. many people even don't know that Fair have born again.
btw, I will try to contact exchanges in China, like http://www.bter.com and http://www.btc38.com, also maybe http://www.jubi.com
aye, please do not touch to bter... they are anonymous scammer.
i contacted bter before..but they dont give a shit...they just busy dying.
i am a chinese,but i think maybe it's a good thing to keep away from chinese at this moment....because most of chinese just want pump and dump.it may hurt FAIR at this very beginning
i think we should keep our eyes away from the price,and focus of the movement to make FAIR more useful..just like build fairmarket, using faircoin.
May 16, 2015, 04:20:25 AM
Would be also great to .. at some point .. get out of bittrex.
But then how would we know what the market price is ? And also the market needs to stay open.
So unless FAIR gets it's own exchange, I don't see any way around the exchanges.
Or do you have an alternative ?
I was actually thinking that we should now try to get on more exchanges than just Bittrex, to be less dependant on one exchange and to increase the volumes.
What do the rest of you think ?
I agree with you,get out of bittrex is not a good choice, and why?
I agree that Fair should reach more exchanges, more exchanges, and more people will know Fair,also more people will buy and keep Fair, as I know,there is very few people talk about fair in China since Mintpal was closed. many people even don't know that Fair have born again.
btw, I will try to contact exchanges in China, like http://www.bter.com and http://www.btc38.com, also maybe http://www.jubi.com
aye, please do not touch to bter... they are anonymous scammer.
May 16, 2015, 04:17:18 AM
Would be also great to .. at some point .. get out of bittrex.
But then how would we know what the market price is ? And also the market needs to stay open.
So unless FAIR gets it's own exchange, I don't see any way around the exchanges.
Or do you have an alternative ?
I was actually thinking that we should now try to get on more exchanges than just Bittrex, to be less dependant on one exchange and to increase the volumes.
What do the rest of you think ?
I agree with you,get out of bittrex is not a good choice, and why?
I agree that Fair should reach more exchanges, more exchanges, and more people will know Fair,also more people will buy and keep Fair, as I know,there is very few people talk about fair in China since Mintpal was closed. many people even don't know that Fair have born again.
btw, I will try to contact exchanges in China, like http://www.bter.com and http://www.btc38.com, also maybe http://www.jubi.com
May 15, 2015, 08:36:47 PM
The price in getfaircoin.net has moved from 1 € = 40 FAIR to 1 € = 35 FAIR
Following last days trends, fast change again, but yet slower than bittrex where faircoin has reach already 2 milions dollars marketcap. Anyway We dont can do another thing slower than that because the diffence with bittrex could be too much, creating the possibility to make arbitrage for short time wins.
Following last days trends, fast change again, but yet slower than bittrex where faircoin has reach already 2 milions dollars marketcap. Anyway We dont can do another thing slower than that because the diffence with bittrex could be too much, creating the possibility to make arbitrage for short time wins.
May 15, 2015, 12:59:48 PM
Would be also great to .. at some point .. get out of bittrex.
But then how would we know what the market price is ? And also the market needs to stay open.
So unless FAIR gets it's own exchange, I don't see any way around the exchanges.
Or do you have an alternative ?
I was actually thinking that we should now try to get on more exchanges than just Bittrex, to be less dependant on one exchange and to increase the volumes.
What do the rest of you think ?
Even if for some reason you want to get out of any exchange, you can't force them...
It's like saying to BTC-E, Cryptsy, and Kraken to stop exchanging LiteCoin
What we can do, and what we're doing now is movingthe market away from the exchanges. The cooperation between BitBill, Litepaid and GetFaircoin.net is a blossoming example of that. And that's just one of the numerous initiatives that are growing!
About the multiple exchanges; I reckon that once we reach the 6 million dollar marketcap and say hello to our parent PeerCoin, other exchanges will probably automatically add us.
We broke another huge milestone today, a marketcap of 2mil. I will drink a beer on that tonight.
Cheers m8! I'll follow your lead And btw; this was just 3 weeks ago:
Some hours ago, i has done a buy of 29 BTC value of Faircoin in one time,
putting the value of faircoin above 1M $ marketcap
putting the value of faircoin above 1M $ marketcap
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