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741  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN]Faircoin - MULTIPOOL PAYS --- 20%--- BONUS! for the next week!! on: April 20, 2014, 06:03:49 PM
SCAMMER!!!
742  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN]Faircoin - MULTIPOOL PAYS --- 20%--- BONUS! for the next week!! on: April 20, 2014, 05:39:45 PM
 FAC is  very low!!!
743  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [PRE-ANN][PURE POS]Information Coin (ITC) Fair & Free distibution on: April 20, 2014, 03:12:04 PM
I don't have a FACEBOOK. How do I get?  Smiley
744  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN]Faircoin - MULTIPOOL PAYS --- 20%--- BONUS! for the next week!! on: April 20, 2014, 02:04:57 PM
WHAT?Huh 
745  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN]Faircoin - MULTIPOOL PAYS --- 20%--- BONUS! for the next week!! on: April 20, 2014, 01:01:55 PM
hi,
ann on 03:30 utc

What???
746  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN]Faircoin - MULTIPOOL PAYS --- 20%--- BONUS! for the next week!! on: April 20, 2014, 06:48:03 AM
buy now

fac = 5000 sat  in a week
fac = 50000 sat in a month
747  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN]Faircoin - MULTIPOOL PAYS --- 20%--- BONUS! for the next week!! on: April 20, 2014, 04:42:47 AM
fac is down........
748  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN]Faircoin - MULTIPOOL PAYS --- 20%--- BONUS! for the next week!! on: April 19, 2014, 03:16:53 PM

★ ★ ★ ★ ★ ★ ★ ★ ★ ★ ★ ★ ★ ★ ★ ★ ★ ★


Faircoin FAC On The Rise

Article, Video & Giveaway
http://altcoinauthority.com/2014/04/faircoin-fac-on-the-rise/

Come by for some FREE Faircoin for helping spread the word about this awesome coin.



★ ★ ★ ★ ★ ★ ★ ★ ★ ★ ★ ★ ★ ★ ★ ★ ★ ★

great work,Thinks.
749  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN]Faircoin - MULTIPOOL PAYS --- 20%--- BONUS! for the next week!! on: April 19, 2014, 03:07:19 PM
We should set-up an IRC, does anybody know how to do that?

Yes, I should be set up with a powerful IRC.
750  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN]Faircoin - MULTIPOOL PAYS --- 20%--- BONUS! for the next week!! on: April 19, 2014, 02:38:42 PM
is there a FAC irc?

FAC dont irc.
751  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN]Faircoin - MULTIPOOL PAYS --- 20%--- BONUS! for the next week!! on: April 19, 2014, 12:37:32 PM
This coin will go to the moon, it's just a matter of time as well as effort from all the team and community.

yes . FAC go to moon!!!

and beyond Smiley

This goin looks good until you reach 2 key part for a cryptocoin:

First big problem - The distribution:
There is no fair distribution in this world: PoW, IPO, IP based distributions, they are all unfair.
Still PoW can be fair because if a programmer hardcode an Epoch time in the coin's source with a newspaper headline then everybody will know there were no premine by the creator.
The fair means that the original creator can't use his power to get a lot of unfair benefit, how the coin will be distributed between the miners that is not important after that.
The IPO and IP distritbutions can be fair too, if you do it in a transparent way, so you keep track all the incoming Bitcoins and give the same percent ammount of Altcoin to the investors.

See how the faircoin developer did: He made a website with a token system, then shared a pdf with the website visitors statistics.
Now this is nothing. You can have 100 000 visitor without any signup and you can have 50 000 visitor with 50 000 signup.
And he could fake this spreadsheet if he wanted.

Just ask one question to yourself? Is there anything what would kept this faircoindev back to signup with 25 000 address and keep half of the coins for himself?
Now with singup I don't mean manual signup with the token system, he owned the website and the database too. He could generate 25 000 address in 5 minutes then inject it to the database.
He could even make the counter on the site to count the signups twice as normal, so there wouldn't be a big 25 000 up on the numbers.

Many of you said for this problem that all of you got their coins, where if only 25 000 000 was given away to the public then all of the registrators got their coins, just the signup period was closed much before because this faircoin guy kept half of the coins.

I don't say he kept the half of the coins, but he could, he could do it very easy, if he wasn't dumb enough he did it.

This is a very big problem, and the community will never accept such a coin to grow big. Even if the creator would share a nice spreadsheat which conatins all the 50 000 signup's IP address, that can be a fake too, its not hard to fake something like that.

Second problem - Still have PoW mining:
This coin still have some PoW mining, though you can only mine the transaction fees. But the hashrate is very low,
anybody with a bigger hashrate can fork the coin and make a 51% attack.
You don't need to own half of the coins, you can make a fork with only 1 PoW block.

I don't hate Faircoin just want to open your eyes, for that matter I bought a few faircoins and sold them all with nice profit, but still this coin has no future.
HI staffly , is there something makes you have to use such a pure newbie account to post this?
In your post ,you said"This is a very big problem, and the community will never accept such a coin to grow big. Even if the creator would share a nice spreadsheat which conatins all the 50 000 signup's IP address, that can be a fake too, its not hard to fake something like that."
So you means what ever the devs and the commnuity do ,you just think it is fake? Because it could be fake?
Under your opinion ,  Airplane could be drop , so you don't take a plane? 
You can't make FUD based on could be, show the true evidence and your real account , don't do like this.

Low end of the black!
752  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN]Faircoin - MULTIPOOL PAYS --- 20%--- BONUS! for the next week!! on: April 19, 2014, 11:49:03 AM
This coin will go to the moon, it's just a matter of time as well as effort from all the team and community.

yes . FAC go to moon!!!

and beyond Smiley

This goin looks good until you reach 2 key part for a cryptocoin:

First big problem - The distribution:
There is no fair distribution in this world: PoW, IPO, IP based distributions, they are all unfair.
Still PoW can be fair because if a programmer hardcode an Epoch time in the coin's source with a newspaper headline then everybody will know there were no premine by the creator.
The fair means that the original creator can't use his power to get a lot of unfair benefit, how the coin will be distributed between the miners that is not important after that.
The IPO and IP distritbutions can be fair too, if you do it in a transparent way, so you keep track all the incoming Bitcoins and give the same percent ammount of Altcoin to the investors.

See how the faircoin developer did: He made a website with a token system, then shared a pdf with the website visitors statistics.
Now this is nothing. You can have 100 000 visitor without any signup and you can have 50 000 visitor with 50 000 signup.
And he could fake this spreadsheet if he wanted.

Just ask one question to yourself? Is there anything what would kept this faircoindev back to signup with 25 000 address and keep half of the coins for himself?
Now with singup I don't mean manual signup with the token system, he owned the website and the database too. He could generate 25 000 address in 5 minutes then inject it to the database.
He could even make the counter on the site to count the signups twice as normal, so there wouldn't be a big 25 000 up on the numbers.

Many of you said for this problem that all of you got their coins, where if only 25 000 000 was given away to the public then all of the registrators got their coins, just the signup period was closed much before because this faircoin guy kept half of the coins.

I don't say he kept the half of the coins, but he could, he could do it very easy, if he wasn't dumb enough he did it.

This is a very big problem, and the community will never accept such a coin to grow big. Even if the creator would share a nice spreadsheat which conatins all the 50 000 signup's IP address, that can be a fake too, its not hard to fake something like that.

Second problem - Still have PoW mining:
This coin still have some PoW mining, though you can only mine the transaction fees. But the hashrate is very low,
anybody with a bigger hashrate can fork the coin and make a 51% attack.
You don't need to own half of the coins, you can make a fork with only 1 PoW block.

I don't hate Faircoin just want to open your eyes, for that matter I bought a few faircoins and sold them all with nice profit, but still this coin has no future.

The analysis of the good
753  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN]Faircoin - MULTIPOOL PAYS --- 20%--- BONUS! for the next week!! on: April 19, 2014, 09:44:01 AM
This coin will go to the moon, it's just a matter of time as well as effort from all the team and community.

yes . FAC go to moon!!!
754  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN]Faircoin - MULTIPOOL PAYS --- 20%--- BONUS! for the next week!! on: April 19, 2014, 09:23:35 AM
I see some active people i this tread doing great work for a great coin.
Awesome people keep it up!!!  Wink
Keep enthusiasm and patience!!! Grin
755  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN]Faircoin - MULTIPOOL PAYS --- 20%--- BONUS! for the next week!! on: April 19, 2014, 08:30:00 AM
Aaaaaaand of course I sold mine early for 500 satoshi  Embarrassed Live and learn. Good luck to everyone still holding on to their faircoins!
you still have a chance to buy now, while the price is low...

YES, FAC is very low.

fac = 5000 sat in a week
fac = 50000 sat in a month
756  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN]Faircoin - MULTIPOOL PAYS --- 20%--- BONUS! for the next week!! on: April 19, 2014, 08:02:19 AM
Major dumping on mintpal.... Someone sold 10 btc worth at 300. Now dumpers dump... So depressing, I entered at 300 Sad

This post got me thinking... We're talking about major dumping like omg wtf bbq. I mean.. really? What are we mumbling about? It's not odd for BC to go up & down somewhere in the 5000 to 10000 range and we're complaining about 500 to 1000 Satoshis?

One look at the market on MintPal shows me that there is hardly any volume in the sell orders. Most of the time the prices just jump 10 to 20 Satoshi per stack. Seriously?

We have a great coin here:
- Great distribution
- Active Developer
- HashCows MultiPool
- Interesting PoS
- Impossible to mine
- Only ~50.000.000 coins (that's halve of BC and about twice BTC)

In short; It is our market! and we allow our FairCoin to be sold cheap!

No offence, but we should stop fooling around and set the sell price for what this coin is worth to you and create some volume. The bagholders of FairCoin must control the market, it is not the other way around. "You want to buy our great coin? Pay for it!"



I totally agree with your analysis
757  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN]Faircoin - MULTIPOOL PAYS --- 20%--- BONUS! for the next week!! on: April 19, 2014, 05:40:17 AM
Major dumping on mintpal.... Someone sold 10 btc worth at 300. Now dumpers dump... So depressing, I entered at 300 Sad

10 btc dump at 3000 and were at 2700 already nothing serious hes just trying to bring it down so he can buy cheaper and seems it didnt work since were almost back at were  we are already.

There is a big project and good marketing from althcoin authority going on so anyone dumping now will regret. Look at bc how they came back only within a few days we can at least expect some 10-15k sat from the poker project announcement  + the marketingcampaign. Have some faith dont expect to see a pump everyday

The analysis of the good
758  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN]Faircoin - MULTIPOOL PAYS --- 20%--- BONUS! for the next week!! on: April 19, 2014, 04:58:59 AM
WHAT BIG NEWS?
759  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN]Faircoin - MULTIPOOL PAYS --- 20%--- BONUS! for the next week!! on: April 18, 2014, 04:46:37 PM
is there a way of knowing how much hashing power is being directed to FAC?

http://fac.blockx.info/richlist/
760  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN]Faircoin - MULTIPOOL PAYS --- 20%--- BONUS! for the next week!! on: April 18, 2014, 02:46:18 PM
Monitoring this thread, help the dev with facebook, contacting companies to accept FAC.
Other stuff is going on 'behind the scenes', and more news will be out soon.
The community will be moving foward  Smiley

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