Author

Topic: [ANN]Faircoin - MULTIPOOL PAYS --- 20%--- BONUS! for the next week!! - page 352. (Read 341962 times)

sr. member
Activity: 264
Merit: 250
Guys, what should I do next after I got the token? Could not find, where to input it.

 Grin Grin Grin Grin Grin Grin Grin Grin Grin
Wave with both hands - vigorously - at the boat you just missed.

Anyone buying un-used tokens? I - too have one.
legendary
Activity: 1946
Merit: 1005
My mule don't like people laughing
No one is going to get their coins if no one mines.

Please publish mining pool info (URL, port number) and I will put one of my GPUs on it right now.

I'm just soloing. 10 minute block targets OMG! lol..
legendary
Activity: 2898
Merit: 1017
Much Hello!

Our launch was a great success and we are all working together to make this coin the next... NXT Wink

Faircoin will be the number one proof of stake cryptocurrency, and everyone is working together and contributing to make this happen. There is a huge initial community behind this coin and soon Faircoin will be a top 10 cryptocurrency!

We believe in this currency long term, and since we realize it may take some time to get on the major exchanges and coinmarketcap, we have set up an over the counter market for people to buy and sell Faircoins.

Please visit our new site:  http://www.FaircoinExchange.com

About us: We are a team of best friends who have been in crypto for years, and we are dedicated to make trading Faircoins easy, fast, and most of all secure. We are working hard to expand our exchange functionality and hope you will also help facilitate the growth of this new market.

We already have a large amount of pre-orders from people who either missed the distribution or want more! If you would like to be added to our orderbook or have any recommendations please send us a message.

Cheers.

Why didn't the dev post this himself... I don't trust you...

Me neither. The style of writing of this text kind of "rang a bell" in my head. It's very similar to the scammers who set up coinminingunion corp (CMUC) on cryptostocks. The two sites use the same IP if that means anything (likely a proxy).

http://who.is/whois/http://www.faircoinexchange.com
http://who.is/whois/http://www.coinminingunioncorp.com

DO NOT TRUST

Good call !
full member
Activity: 140
Merit: 100
Much Hello!

Our launch was a great success and we are all working together to make this coin the next... NXT Wink

Faircoin will be the number one proof of stake cryptocurrency, and everyone is working together and contributing to make this happen. There is a huge initial community behind this coin and soon Faircoin will be a top 10 cryptocurrency!

We believe in this currency long term, and since we realize it may take some time to get on the major exchanges and coinmarketcap, we have set up an over the counter market for people to buy and sell Faircoins.

Please visit our new site:  http://www.FaircoinExchange.com

About us: We are a team of best friends who have been in crypto for years, and we are dedicated to make trading Faircoins easy, fast, and most of all secure. We are working hard to expand our exchange functionality and hope you will also help facilitate the growth of this new market.

We already have a large amount of pre-orders from people who either missed the distribution or want more! If you would like to be added to our orderbook or have any recommendations please send us a message.

Cheers.

Why didn't the dev post this himself... I don't trust you...

Me neither. The style of writing of this text kind of "rang a bell" in my head. It's very similar to the scammers who set up coinminingunion corp (CMUC) on cryptostocks. The two sites use the same IP if that means anything (likely a proxy).

http://who.is/whois/http://www.faircoinexchange.com
http://who.is/whois/http://www.coinminingunioncorp.com

DO NOT TRUST

EDIT: Pretty shitty whois site I used. Will do further research.
newbie
Activity: 40
Merit: 0
FaircoinExchange SCAM
newbie
Activity: 40
Merit: 0
Much Hello!

Our launch was a great success and we are all working together to make this coin the next... NXT Wink

Faircoin will be the number one proof of stake cryptocurrency, and everyone is working together and contributing to make this happen. There is a huge initial community behind this coin and soon Faircoin will be a top 10 cryptocurrency!

We believe in this currency long term, and since we realize it may take some time to get on the major exchanges and coinmarketcap, we have set up an over the counter market for people to buy and sell Faircoins.

Please visit our new site:  http://www.FaircoinExchange.com

About us: We are a team of best friends who have been in crypto for years, and we are dedicated to make trading Faircoins easy, fast, and most of all secure. We are working hard to expand our exchange functionality and hope you will also help facilitate the growth of this new market.

We already have a large amount of pre-orders from people who either missed the distribution or want more! If you would like to be added to our orderbook or have any recommendations please send us a message.

Cheers.

Hi ,
This is NOT part of our team,
Please be very very careful!


Even their site says that 50million Fair coin exists ever, however its not ture, there is no limit, only 50million was generated at start, more coins will be generated trough PoS.
And it would be better if somebody make a true exhange site like dgex.com for NXT, rather than to make a kind of "broker" site like this.
hero member
Activity: 870
Merit: 500
Trading will make me rich)
Guys, what should I do next after I got the token? Could not find, where to input it.
newbie
Activity: 17
Merit: 0

Hi ,
This is NOT part of our team,
Please be very very careful!


We are not part of the official dev team however we plan to be very active in this community and to build a strong reputation. We do not want to hold your funds, we will execute your trade and send you your coins as soon as humanly possible. This is the massive security advantage of an over the counter exchange.

Thank you.
member
Activity: 70
Merit: 10
Regarding coin distribution:

We are sorry about the delay, we had no way of knowing when the signup phase would be complete.
And we want to be 100% available in case anything goes wrong while the distribution script is running.
we will start sending out the coins in a few hours, and only once we are 100% available and sure there are no problems with anything.

Thank you for your patience,
Faircoin Team
full member
Activity: 196
Merit: 100
We're all good at something, no1's good for nothin
Much Hello!

Our launch was a great success and we are all working together to make this coin the next... NXT Wink

Faircoin will be the number one proof of stake cryptocurrency, and everyone is working together and contributing to make this happen. There is a huge initial community behind this coin and soon Faircoin will be a top 10 cryptocurrency!

We believe in this currency long term, and since we realize it may take some time to get on the major exchanges and coinmarketcap, we have set up an over the counter market for people to buy and sell Faircoins.

Please visit our new site:  http://www.FaircoinExchange.com

About us: We are a team of best friends who have been in crypto for years, and we are dedicated to make trading Faircoins easy, fast, and most of all secure. We are working hard to expand our exchange functionality and hope you will also help facilitate the growth of this new market.

We already have a large amount of pre-orders from people who either missed the distribution or want more! If you would like to be added to our orderbook or have any recommendations please send us a message.

Cheers.

Why didn't the dev post this himself... I don't trust you...
sr. member
Activity: 264
Merit: 250
Does nobody ever solo mine anymore?  It's even easier to set up than a pool, and brings the diff down just as well.  Plus, if you get a block you get all of it.  So why not just say "generate=true" when you start your wallet?

Good idea. Do I need to start Faircoin-QT with the -server switch as well?
No need for CGMiner, or BFGmIner?
In my faircoin.conf file, I have
Gen=1
Isn't that the same as generate=true?
member
Activity: 70
Merit: 10
Much Hello!

Our launch was a great success and we are all working together to make this coin the next... NXT Wink

Faircoin will be the number one proof of stake cryptocurrency, and everyone is working together and contributing to make this happen. There is a huge initial community behind this coin and soon Faircoin will be a top 10 cryptocurrency!

We believe in this currency long term, and since we realize it may take some time to get on the major exchanges and coinmarketcap, we have set up an over the counter market for people to buy and sell Faircoins.

Please visit our new site:  http://www.FaircoinExchange.com

About us: We are a team of best friends who have been in crypto for years, and we are dedicated to make trading Faircoins easy, fast, and most of all secure. We are working hard to expand our exchange functionality and hope you will also help facilitate the growth of this new market.

We already have a large amount of pre-orders from people who either missed the distribution or want more! If you would like to be added to our orderbook or have any recommendations please send us a message.

Cheers.

Hi ,
This is NOT part of our team,
Please be very very careful!
legendary
Activity: 924
Merit: 1132
No one is going to get their coins if no one mines.

Please publish mining pool info (URL, port number) and I will put one of my GPUs on it right now.

Does nobody ever solo mine anymore?  It's even easier to set up than a pool, and brings the diff down just as well.  Plus, if you get a block you get all of it.  So why not just say "generate=true" when you start your wallet?  You need pool info like a fish needs a bicycle.

newbie
Activity: 17
Merit: 0
Much Hello!

Our launch was a great success and we are all working together to make this coin the next... NXT Wink

Faircoin will be the number one proof of stake cryptocurrency, and everyone is working together and contributing to make this happen. There is a huge initial community behind this coin and soon Faircoin will be a top 10 cryptocurrency!

We believe in this currency long term, and since we realize it may take some time to get on the major exchanges and coinmarketcap, we have set up an over the counter market for people to buy and sell Faircoins.

Please visit our new site:  http://www.FaircoinExchange.com

About us: We are a team of best friends who have been in crypto for years, and we are dedicated to make trading Faircoins easy, fast, and most of all secure. We are working hard to expand our exchange functionality and hope you will also help facilitate the growth of this new market.

We already have a large amount of pre-orders from people who either missed the distribution or want more! If you would like to be added to our orderbook or have any recommendations please send us a message.

Cheers.
sr. member
Activity: 350
Merit: 250
Bitcoin Evengelist
This actually worked really well, regardless of the fact that somebody got 350 shares.  I think this is, so far, the gold standard for a proof-of-stake rollout. 


I do have to disagree, the distribution model is highly flawed. 
You cannot call this a 'gold standard' when certain individuals get considerably more stake than others because of security gaps. 

Systems which give stake to registered bitcointalk or facebook users are even fairer than this even though the exclude the majority of people, at least the system cannot be gained to such extent as one person getting almost a percentage of the stake.

Well, let's consider it at the very least a valuable learning experience.  This worked better than I would have believed any all-comers giveaway possibly could.  Someone scripted a sybil attack and didn't dominate the whole proceedings.  

I think the crucial thing - the big learned lesson here - was the captchas.  As a (reasonably) script-resistant element, they dominated the work of the sybil attacker.  The lesson is that to make the whole thing fairer, we need captchas that take more human time to solve.  

Instead of "which of these three pictures is a duck?" we need a "game" captcha like "Can you solve this maze, avoid getting killed by the monsters, and bring your coins from the vault back to the palace?"  that has procedurally generated content, gives everybody a different random seed so no two mazes are alike, and takes a human an hour or so to play.  They send in a savefile that has all the movements recorded, the server runs it against the random seed it gave them and discovers whether they succeeded, and the server awards coins.

True, procedurally generated content being what it is, some folks would get tougher mazes than others.  Some might solve three or four, or even ten.  But nobody's going to solve 350 of them in a day, and if you're really stuck you can always get another captcha (making the one you downloaded to the same address earlier ineligible for the prize) and do a different maze.



Hmm that's an interesting suggestion!

+1
sr. member
Activity: 264
Merit: 250
No one is going to get their coins if no one mines.

Please publish mining pool info (URL, port number) and I will put one of my GPUs on it right now.
legendary
Activity: 1946
Merit: 1005
My mule don't like people laughing
The blockchain ins't moving. The idiots who don't read and  just started to mine must have all jumped off after bringing the difficulty up. Its stuck at 3.25907968 now.

I'm going to point one of my rigs at it for a while and see if I can bring it down somewhat. Also no one is going to get their coins if no one mines.

sr. member
Activity: 264
Merit: 250
Anyone receive any coins yet?  Huh

Not yet!
Waiting for an announcement from FAC Dev:
OK thanks everyone for participating. There will be no distribution of the made-up coin. It was all a hoax. Have a nice day Grin Grin

Other than that, look at the Visits Stats:
China                17,969     31.63%
United States      8,775     15.45%
If FAC gets traded on a CHINESE exchange, count on them to drive it up. Otherwise, I stick by my prediction it will not pass the phase of vaporcoin.
legendary
Activity: 1946
Merit: 1005
My mule don't like people laughing
I think this coin is fair like every other Coin which was distributed that way!
The more you have the fairer is it for you.
People who will get in touch with this coin after the distribution will not say that it is fair.

PMC: come early and have sock puppets =  at least 1% of the total supply
Coin2: be on Facebook and have many friends there =  at least 1% of the total supply
Faircoin: be unemployed figure out ways to make mor than 1 token at a time = at least 1% of the total supply

plus the huge question mark whether and how much wallets the dev owns

Yeah I missed the first two as well. By your post it looks like you missed out on all 3. Sure wish I had posted my Premine  coin address for some coins to TEST as it was just a test when it was released.





legendary
Activity: 924
Merit: 1132
This actually worked really well, regardless of the fact that somebody got 350 shares.  I think this is, so far, the gold standard for a proof-of-stake rollout. 


I do have to disagree, the distribution model is highly flawed. 
You cannot call this a 'gold standard' when certain individuals get considerably more stake than others because of security gaps. 

Systems which give stake to registered bitcointalk or facebook users are even fairer than this even though the exclude the majority of people, at least the system cannot be gained to such extent as one person getting almost a percentage of the stake.

Well, let's consider it at the very least a valuable learning experience.  This worked better than I would have believed any all-comers giveaway possibly could.  Someone scripted a sybil attack and didn't dominate the whole proceedings.  

I think the crucial thing - the big learned lesson here - was the captchas.  As a (reasonably) script-resistant element, they dominated the work of the sybil attacker.  The lesson is that to make the whole thing fairer, we need captchas that take more human time to solve.  

Instead of "which of these three pictures is a duck?" we need a "game" captcha like "Can you solve this maze, avoid getting killed by the monsters, and bring your coins from the vault back to the palace?"  that has procedurally generated content, gives everybody a different random seed so no two mazes are alike, and takes a human an hour or so to play.  They send in a savefile that has all the movements recorded, the server runs it against the random seed it gave them and discovers whether they succeeded, and the server awards coins.

True, procedurally generated content being what it is, some folks would get tougher mazes than others.  Some might solve three or four, or even ten.  But nobody's going to solve 350 of them in a day, and if you're really stuck you can always get another captcha (making the one you downloaded to the same address earlier ineligible for the prize) and do a different maze.

Jump to: