I think we should not be worried about Bittrex. Dosen't matter what price it is in bitterex. If someone is invested in Faircoin they should use services provided and create economy.
I've heard remarks like this before on this forum and I do have to say this worries me a little bit.
Bittrex is the only place where Faircoins can be traded openly, so to say that the Bittrex price doesn't matter sounds really wrong to me.
Economically speaking, the Bittrex price is the ONLY price that matters, since this is where supply and demand meet.
We are trying to build an economy here and not some communistic currency, of which the government says that is has a certain value, while the rest of the world disagrees.
So if the only place to spend your Faircoins against the amount you paid for it through GetFairCoin, is the Fairmarket, then what merchant will put their products on the Fairmarket ?? I think nobody, because they can get real money for their goods elsewhere.
So we really have to step away from this communistic way of thinking about an economy.
I think Faircoin should have an open economy with a socialistic mindset behind it.
Not some weird communistic economy where the government decides what the imaginary value of a currency is, while nobody in the rest of the world will actually buy the currency for that value.
So I really hope to see Faircoin traded in as many exchanges as possible and to create some real world demand for it by making the Fairmarket and other services as attractive as possible ! And I think the best way to make it attractive is to make sure that Faircoins are easily traded back and forth against other currencies.
So we need volume,realistic prices, easy access to buying and selling Faircoin against other currencies and reasons for people to use their Faircoins.
What do other people think about this ?
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First of all Faircoin is just not for trading. Which other currency has a service like getfaircoin. LAst time the price was equal people took advantage of it and bought it from getfaircoin and sold it on bittrex and that was wrong. Also the difference in price is just few bitcoin which dosent really matter. If you want to invest in faircoin dont invest in it to become rich. This is not another shit altcoin get rich scheme. real people are using it.
As Enric mentioned earlier in the thread also people who participate in fairmarket dont need to worry about price in biettrex as they can use the same service to sell faircoin too..
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Let idiots who dont care about Faircoin and just profit dump
though I am not directly involved but I believe in the good work you guys have put it..
I might have lost a lot lol
