Topic: [ANN]Faircoin - MULTIPOOL PAYS --- 20%--- BONUS! for the next week!! - page 290. (Read 341957 times)

I am NOT Chinese.
I have visited Shenzhen (Silicon Valley of China) 3 times between May 2011 and February 2013.
I used to buy cell phones and related accessories from Shenzhen for resale in the USA and Europe.
I used to have a Chinese girlfriend in Shanghai and still have business contacts in Shenzhen (SZ).
Most small businesses in China have NO morality or integrity. Cheating, lying and cutting corners is an accepted business practice that shows you are smarter than your competitors. Industrial espionage is sanctioned - and encouraged - at the highest levels of the Communist Party.

The above is the only thing true and verifiable in this post.
Everything else below is only rumors, do not believe any of it.

I chat daily (on QQ) with my business contact in SZ, she's quite attractive and I am (still) trying to seduce her.
She tells me the bunch of incompetent amateurs who call themselves DEV are either Chinese or have strong Chinese connections.
The story of "our wallet got corrupted" is all a bunch of BS. Do you really believe that?
The first 35K who actually got their shares of the"Fair"coin are mostly Chinese.
DEV decided to cut-off the remaining 15K because they are mostly American and Israeli wallets. So the goal is to keep control of the "Fair"coin in Chinese hands.
They can tell from the IP addresses. Even if someone used multiple IP addresses to generate several tokens, they all can be tracked to a region/country.
The Chinese are now starting to dump "Fair"coin, in chunks of hundreds of thousands (see the quote at the top of this post).
The reason?
Talks with Chinese exchanges to get "Faircoin" listed are faltering.
The Chinese are betting FAC will die soon, especially when miners stop mining because they are not seeing any "fair" reward for dedicating their resources to a - what is so far - nothing more than a vaporcoin.

+1

I think we need exchanges now!

What are the miners on "It's the Poolest" thinking?
They found 26 new blocks. Only to support the coin.

I agree, don't relaunch

+1

Agree with you

Don't relaunch. Carry on with the 35 thousand addresses.

Some idea:

Relaunch and we have to submit our private key to the website with a newly generated different coin address?
So the dev could check it that we have the stake, then make the new coin.

20k FAC to sell any reasonbale price gets it, too much bs to follow up in here.

troll

Guys after the fail launch of Fair Coin we decided to make a new coin 100% pure PoS.

https://bitcointalksearch.org/topic/m.5666130

Nice job. Hope having good news tomorrow.

Hello everyone,I just creat a Chinese faircoin website as fac china official site.
The address is: http://fair-coin.net/
Guys please be patient,complain and say bad words mean nothing,problem already happened.

Please be mature,if dev can not fix the wallet,things still need move on,please remember,fac is free.The first 35 million is distributed by the rule ,everybody knew,nothing need to complain,I also have most of my stakes lost.

So next things to do
1.if dev fix wallet it is cool everyone happy,if not make sure the 15m will never appear in the world
2.continue marketing
3.we need to donate some to dev if they lost all the coin,they made a mistake,but we never knew send 35k times in 2 days from one wallet what will happen,.We can not blame someting we dont know.
4.we need to create a fundation ,if someone without coins and should get before,just give them some,dev can make some system to make sure this
5.actually as I know the last 15 m, most got by some bot ,multi ips,and people with a lot of stakes,maybe fairer,just remove the most unfair part.
6.Let the one who cry everyday who blame everyday leave,they cry everywhere,everyday.

Anyway we still alive,and this coin still the most fair in all the coins released.Less blame more work please.We are not children,fair is not absolute, death is fair for everyone,but no one like it.
Regards fac china team.

I think the best option is to simply start over. There were pages upon pages of complaints about the CAPTCHAs, not understanding the tokens, etc. - now with lessons learned, relaunch the giveaway now that everyone fully understands how it works and then nobody can complain (except maybe the guy who stayed up all night exploiting the system  )

Also, a relaunch would allow the devs to implement the faster block times that everyone is requesting as well as take into consideration any other valid suggestions.

i got an idea

just build up a faircoin 2.0 with only 15M coin, and give them to the people of the previous faircoin

in the end there will be two faircoin one with 35M and the other with 15M, like yang and yin

Yep, they could. And do something about the PoW block reward while they're hard forking.

I think hardfork to make sure the "lost" addresses aren't used will save this coin.

Relaunch is definitely not an option.

If some people here complain NOT to have received their coins, well my first reaction is to say "shit happens". On the other hand, some honest people have been left out.  Maybe something can be done to help them... like 1 share per person who claims it (once).  Any how i saw a few people here complaining about that... it's not that many, maybe even the devs can make up for their mistake and send 1000 FAC to those people with the bounty funds... there maybe is 10-15 people that complained not having received any FAC. shouldn't be that big of a problem.

Please dev, when you guys take the time to update, be more specific and clear about what you are doing, some of us would like to know and it's better to keep it as transparent as possible.

You seem to know your stuff. Why not PM the dev and give him a helping hand?? Maybe you could save us

2. Generate the 15 Mil and distribute them to the first 35 Mil addresses in an equal manner. Thats fair

Uh, what? Why wouldn't you just give them to the addresses that didn't get their tokens... sounds more fair to me.

With all the blocked IPs I saw with this coin, my guess is this is a major scam... good luck all.