This chart image made me considering really to sell all my 1,2 million Blackcoin and buy Faircoin with it.
Everybody here says the community has to do.., the community did, we reachd a new price.
But for me Blackcoin community is only about getting more Fiat for your Blackcoins nothing more, we here don't want to make the future of payment, we just want more Fiat and more fiat and more fiat money.
I just see post here all the time: When Blackcoin reaches xy price I will cash out and retire....
I got in Blackcoin when the price was relative low, and thought it can be something big, but now I just see kids there who wants more Fiat and a lambo and wants to be millionaire by doing nothing just pumping and hype this thing.
And too the distribution was awful, somebdy told me there is a guy who got more than 20 million Bc by renting a scrypt farm for 0,001 Bitcoin.
I bought Bc because I liked the idea, but now I see its just an other copy and paste coin, there is already PoS coin, even scrypt PoS coins.
Blackcoin is not different, what is worse the initial distribution was everything but its very far from "fair", its worse than NXT's distribution.
Blackcoin price is high right, but not because its worth that, only because the supply is very low, big holders (even me) just keep their coins, and the demand is relatively high, thats why the high price, but I think it won't keep forever.
While Faircoin's distribution was one of the best what I read, they made a special distribution method, so you can't request new token by your IP address, even if you used multiple IP at signup to get tokens, when you pasted it to request the coins you had to have the same IP what you got on the token request. If you have dynamics IP you can't go back and request the same IP again. And you had only 3 days, so if you were smart you could only make 10k or maybe 20k faircoin.
While you could make 10millions of blackcoins by renting scrypt farms to mine for you. Blackcoin don't have "new update", Farcoin too don't have in the source code, but his distribution just awesome, now I see why Faircoin can be the future.
And this uselss Coinkite... Nobody will accept Blackcoin, as almost nobody accpet Litecoin in real life restaurants, shops, why would they accept Blackcoin.
Faircoin have less coins, and the coin generate is much less than other coins, like Myriad coins what will mine billions of coins, here at Faircoin you can have only 50 Million (Might a few thousands will be mined by PoS in the next year but its still almost 0 for the mine supply of other coins.)
At now I see the Demand / Supply ratio for Faircoin is one of the biggest among all the coins. Even if for some reason the Faircoin will go below 500 Satoshi there will be a smart guy who buy all of the faircoin and sell them when the price will be multiplied. But why will it go up in price:
The supply is awesome low!I'm here not for getting as much Fiat as can, but if you only here for that you should consider to change from Blackcoin to Faircoin. Because the
profit return ratio is much more in Faircoin.The Faircoin total coin supply is less than Blackcoin's while the demand at now only a bit higher in Blackcoin. But I see some very big movement in the Chinese groups to promote Faircoin, while Blackcoin have almost 0 chinese supports,
So CHINA WILL BUY FAIRCOIN!If we see the Fiarcoin chart path will be similar than with Blackcoin, Faircoin should reach 1000 Satoshi at the bottom of the hill, but it didn't it means Faircoin worth more than Blackcoin.
http://i.imgur.com/bh8hr7b.jpg