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Topic: [ANN][FAIR] FairCoin - for a fair economy, featuring proof-of-cooperation - page 97. (Read 376718 times)

legendary
Activity: 1918
Merit: 1122
Leading Crypto Sports Betting & Casino Platform
This Design and advertisign company in Barcelona, http://Comandosuricato.com, accepts Faircoin, as they announced on Twitter:

https://twitter.com/ComandoSuricato/status/593090451093217280
legendary
Activity: 1918
Merit: 1122
Leading Crypto Sports Betting & Casino Platform
After 21 days of staking, i recived first amount of fairs. Next day my stake in minting section was divided on 2 equal parts and age is again 0. This is normal ?

yes, very normal! this is how the system works. After you mint, you begin from 0 again with the amount divided on 2 equal parts
newbie
Activity: 11
Merit: 0
After 21 days of staking, i recived first amount of fairs. Next day my stake in minting section was divided on 2 equal parts and age is again 0. This is normal ?
legendary
Activity: 1918
Merit: 1122
Leading Crypto Sports Betting & Casino Platform
10 shops of the village "Les coves de vinromà"   begins to accept bitcoin and Faircoin, with the support of the city council.

http://www.laplanaaldia.com/les-coves-de-vinroma/noticias/124734/les-coves-de-vinroma-se-convierte-en-el-primer-pueblo-del-planeta-en-aceptar-la-cryptomoneda-bitcoin

Les coves de vinromà is the place where is based Chip Chap / Fairtoearth company
sr. member
Activity: 286
Merit: 250
Faircoin Development Team Member
https://faircoinpaperwallet.com is up and running Smiley
I still need to add a lot of content + guides, google search stuff, but the basics are there.
So give it a try; feedback is much appreciated!

legendary
Activity: 1918
Merit: 1122
Leading Crypto Sports Betting & Casino Platform

therefore the current  7174225,79808514 * in https://chain.fair-coin.org/address/fFcy7XH7hY7o4BwaRgkFQVooM9m4dZGUwZ
will be withdrawed by smartaction



so you withdrawal only half of that sum ? in this block there are many differrent addresses

https://chain.fair-coin.org/block/6bc83269d45b5c9d690b9b419f243632e4ee9a8a3f84735c8bc597e1c36557a3


mintpal owners  ?

It was withdrawed not only for me personally, but also for other faircoin savers that did their investment throw me,
in general, people friends of mine and linked to CIC
legendary
Activity: 1981
Merit: 1039

therefore the current  7174225,79808514 * in https://chain.fair-coin.org/address/fFcy7XH7hY7o4BwaRgkFQVooM9m4dZGUwZ
will be withdrawed by smartaction



so you withdrawal only half of that sum ? in this block there are many differrent addresses

https://chain.fair-coin.org/block/6bc83269d45b5c9d690b9b419f243632e4ee9a8a3f84735c8bc597e1c36557a3


mintpal owners  ?
legendary
Activity: 1918
Merit: 1122
Leading Crypto Sports Betting & Casino Platform
I did this top 100 richlist with rpcace + tally  Grin

http://pastebin.com/TJB9Tn57



Some tips  Cheesy

fU3wRGZwese65gZqRiQiJvE483iyjY2QD4 5148618.269046    FairCoop global south fund
fEvr21zJFsNi6mUBPNKPXEjgrZ5kea1wjC 3444218.803462   Smartaction
fMxkQtTCFZpWuZNZQTq7HxwcZ6rQn1yAWj 2584047.190319   FairCoop Commons fund
fFY92MTcocuU2p6PtGAGsnNJY8N4VVxSyX 2467892.19592  
fRecovr5RiYKSh9hAJYR1jmTMapWMnBxRm 1945690.128805  FairCoop / Faircoin Recovery fund (for bounties, donations etc...)
fJ7dwkfHiJW9867xcovaJ9QDN7khDEMJMm 1593530.400681  FairCoop Infraestructure fund
fMrft91X5ivt1yQVG5MNqykqwx1UxHMYfg 1448184.352432
fGuNbxnGCQvPuWa8xQa9hSTZ2qfZnSd2JP 1120179.735952
fbr6m87uGqJX7Lt1TaEfeY6dxe6yCTQAsW 1117808.184288
fNWcvkQLg9ELKkV5gH1nsYBJnzHqw7pka7 995497.834375 FairCoop Pooled fund
legendary
Activity: 1981
Merit: 1039
I did this top 100 richlist with rpcace + tally  Grin

http://pastebin.com/TJB9Tn57


legendary
Activity: 1918
Merit: 1122
Leading Crypto Sports Betting & Casino Platform
BTW
how about the FairMarket now?
when will release the alpha?

Updates from developers are being optimistical, but not yet so concret to say a deadline. I need to have a more detailed conversation with them.  Anyway it seems that is not far....
full member
Activity: 157
Merit: 100
BTW
how about the FairMarket now?
when will release the alpha?
full member
Activity: 157
Merit: 100
here it is  Wink

https://mega.co.nz/#!jQIFULSZ!vRqeTVsI0qeZ9SC9ZV7BSSTfEkKirm66VIoso-TgqkY


there were many chinese ip at the time and a QQ group 377204714 maybe someone can read chinese can tell us if the group is still active.

i am in this QQ group.
most of the chinese lost their coin because of Mintpal,the others sell their coin at a low price of 1000-2000 sat.
and they dont know what happens now in fair coop.so they think the price now is too high for them now.
the QQ group is already dead!



I imagine that also most of them was selling in the summer, when the price was between 500 and 100 satoshis, and i was buying milions and milions before the faircoop launch...    Wink

 Grin
yes, i know some of then sell at price of 100-1000 sat,even under 100 sat.!
i brought some when the price under 100 sat.
feel so lucky that i still keeping them now.
i have a feeling that 1FAIR to 1€ some day.
legendary
Activity: 1918
Merit: 1122
Leading Crypto Sports Betting & Casino Platform
here it is  Wink

https://mega.co.nz/#!jQIFULSZ!vRqeTVsI0qeZ9SC9ZV7BSSTfEkKirm66VIoso-TgqkY


there were many chinese ip at the time and a QQ group 377204714 maybe someone can read chinese can tell us if the group is still active.

i am in this QQ group.
most of the chinese lost their coin because of Mintpal,the others sell their coin at a low price of 1000-2000 sat.
and they dont know what happens now in fair coop.so they think the price now is too high for them now.
the QQ group is already dead!



I imagine that also most of them was selling in the summer, when the price was between 500 and 100 satoshis, and i was buying milions and milions before the faircoop launch...    Wink
full member
Activity: 157
Merit: 100
here it is  Wink

https://mega.co.nz/#!jQIFULSZ!vRqeTVsI0qeZ9SC9ZV7BSSTfEkKirm66VIoso-TgqkY


there were many chinese ip at the time and a QQ group 377204714 maybe someone can read chinese can tell us if the group is still active.

i am in this QQ group.
most of the chinese lost their coin because of Mintpal,the others sell their coin at a low price of 1000-2000 sat.
and they dont know what happens now in fair coop.so they think the price now is too high for them now.
the QQ group is already dead!


legendary
Activity: 1981
Merit: 1039
here it is  Wink

https://mega.co.nz/#!jQIFULSZ!vRqeTVsI0qeZ9SC9ZV7BSSTfEkKirm66VIoso-TgqkY


there were many chinese ip at the time and a QQ group 377204714 maybe someone can read chinese can tell us if the group is still active.
full member
Activity: 131
Merit: 100
Can I get the google analysis of the ditsribution?

thank you!
good work stuff!
legendary
Activity: 1372
Merit: 1003
Quote
There was a discussion last week with Sunny King and team members from NuBits and Peerunity, including people knowledgeable about proof-of-stake. The result of this discussion is that Sunny will be working on a potential fix for the attack described in the Neucoin whitepaper. - https://www.peercointalk.org/index.php?topic=4035.msg38825#msg38825
legendary
Activity: 1918
Merit: 1122
Leading Crypto Sports Betting & Casino Platform
Happy Birthday!

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

This is consequence of the very big buys in getfaircoin last week. The service was out of reserves,  (usually we have bought before we sell, but without reserves this was not the case and i solved selling from my personal reserves to cover the buys)...therefore i had pending very big buys, with that incomes.

Seeing this  i decided to do in one time, to be sure that we get all the faircoins to reactive reserves for getfaircoin at the better price possible.  I mean that making progressive big buys, for an amount bigger than all the bittrex volume in one week, could generate others traders buying in the ride before me... so i felt more secure, make all the buying in one time..


I think you should consider to automate the process and offer up to date market prices. Since you have to buy the FairCoin Getfaircoin might check the order book of the market and offer the current price required to really buy them on the market including your marging and really buy those then.

On the other hand you probabily try to offer a more or less stable price on getfaircoin as I understand however by doing big actions or misspricing you have to be aware to create a lot instability on the market.

It happend last week that you set the price on GetFairCoin significant lower than the current market. In consequence it looks to me that someone clever bought a lot on getfaircoin and sold them on the market... hench the dump we have seen.

What followed was a price correction. It started to correct to your GetFairCoin price which you then broke again with your 29BTC buy.

You see those 2 markets are not issolated. One will influence the other and your manual action might amplify the price swings.
An automation would help the market to stay more stable and free you from that work.

However you have to design it carefully that it can not be missused. Peoples are clever and automats are dumb.

Just my thoughts as an markt observer on this.

Anyway it's nice to see FairCoin climbing. Still frightens me a bit how fast it climbs.

Would be very happy to see 1 Fair = 1 Euro once in the future ... (preconditioned the Euro still has some value when this happens Smiley



Because getfaircoin is not automatic and i delay 24/48 h to send the coins, speculative arbitrage with that is very difficult, and in fact as far i know until the moment the big buys in getfaircoin are for savings...

Otherwise, we are trying to be more conservative in  the changes from getfaircoin than bittrex giving more stability to the market.

Therefore is logicial that when there are fast grow in bittrex, getfaircoin is delaying to be sure that the grow is steady and can be sustained. We dont want to get wrong in the change of price on getfaircoin and by obligatted to move the price again to lower...

At the same time, if some time there are big dumbs in bittrex below the price of getfaircoin we will mantain the stable price if possible (as we already did when two months ago there was price below 1500 in bittrex at some moments...)

So is not that the intention of getfaircoin is to have a lower price than bittrex, but to have a more stable evolution... And until now is working. In the future i see that we will need to automatize some parts of the managements, but i think that delay the send is useful anyway for support stability...



legendary
Activity: 1372
Merit: 1003
After any sharp price rise a correction can usually be expected.  As the more valuable that FairCoin is then the more reason for long term holders to want to cash some out.  Also traders who think that FairCoin is currently overpriced.  May sell some FairCoin to try and buy it back at a cheaper price.  Not that traders playing the market is necessarily a bad thing in my opinion.  As they're basically adding extra volume and depth to the FairCoin order book.  Which helps everyone else get into and out of FairCoin easilier. 
sr. member
Activity: 286
Merit: 250
Faircoin Development Team Member
I think it was just a price correction and no DUMP. someone just sold 6-7 BTC. He might have needed it for some other coin or something. Otherwise why will they Dump if they know price is going to be higher if they just bought it. That person must be pissed off as price increased by almost 30-40 pct after that dump  Grin

Maybe you're right, but then again this might not even be about someone actually dumping FairCoins onto the market. It could very well be someone who just paid off a pair of jeans using bitbill.eu, or someone who pulled out some Euro's out of the bank vending machine using ChipChap. I personally already have paid a few bills with bitbill.eu; I gotta say it feels awesome to buy real stuff with FairCoins!

To me FairCoin will be that coin that finally breach that gap between the common people and cryptocurrency. For anyone starting in Crypto's it's quite hard to understand the conversion strategy: from EUR to BTC, then to the exchange, then to the coin of choice, then back to their wallet and then actually do something with their coin. We've already taken BitCoin out of the equation with GetFairCoin.net, Bittrex is hidden as well. It is only a matter of time before we'll take away EUR/USD/etc as well once we really start focusing on those who don't have access to a bank account. Eventually I think we'll even take exchanges out the equation with day-to-day FAIR2FAIR trading.

I personally already share FairCoin within my social network using the Android and Paper wallet (currently working on a dedicated paper wallet site...); it's great, it's real, it's fast, it's so very understandable. Smiley

Ps. We still would love to have all your votes on the OuiShare Awards 2015 --> http://awards.ouishare.net/2015/vote/
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