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Author Topic: [ANN]Faircoin - MULTIPOOL PAYS --- 20%--- BONUS! for the next week!!  (Read 341879 times)
TrollboxChamp
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April 09, 2014, 12:05:52 AM
 #5381

Nearly breaking the 100 BTC 24hr trade.

if this keeps going like this for the next 15 hours we might hit a 300 BTC 24hr trade volume which would be amazing.

can be, but i only see sellers now...

Someone will take the cheap coins.
virtualfaqs
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April 09, 2014, 12:11:41 AM
 #5382

Although I'm not a fan of this coin, I can't argue with results. Might change my opinion in future and stop calling it Unfaircoin. I had a few questions.

1. Is this still a PoW Coin and will it have the same problem as Mintcoin did previously?

2. Can someone explain to me the 6% interest, 3% year after? Is this staking automatically calculated with coins in wallet? Does the wallet have to be open?

You can mine this traditionally - but nobody does/will.  The block reward is .001 FAC fixed.  POS is calculated based upon the age (minimum 21 days) and amount of coins used.  First year POS reward started around 6% annually and fluctuates based upon difficulty.  You do need to keep you wallet open for staking to take place.  It also needs to be unlocked (for staking purposes only).  The unlock command does not leave your wallet vulnerable to attack; it just allows the staking process to access your coins.

If PoW is possible then it must have low difficulty so won't Faircoin run into the same problem is Mintcoin's PoW which was later updated and removed?

So I can't just open my wallet once every 21 days to stake? I believe that was something you could with Mintcoin.

Thanks.

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cryptocurrent
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April 09, 2014, 12:12:22 AM
 #5383

Faircoin has a lot going for it. I only wish I had learned about it sooner. I am watching Poloniex like a hawk for a good time to get in!
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April 09, 2014, 12:17:11 AM
 #5384

Faircoin has a lot going for it. I only wish I had learned about it sooner. I am watching Poloniex like a hawk for a good time to get in!

plenty of room for profit still, I'd try and wait till it drops to about 1000 and then buy in (if it does go that low)

























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TrollboxChamp
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April 09, 2014, 12:29:13 AM
 #5385

Faircoin has a lot going for it. I only wish I had learned about it sooner. I am watching Poloniex like a hawk for a good time to get in!

plenty of room for profit still, I'd try and wait till it drops to about 1000 and then buy in (if it does go that low)

I dont think it will. Up from here.  Smiley
FinaGica
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April 09, 2014, 12:32:20 AM
 #5386

yup think it is going to 800-900
DailyModo
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April 09, 2014, 12:34:42 AM
 #5387

yup think it is going to 800-900

If thats what ur waiting for ur gonna wait a longtime Tongue

Betting on esports with crypto's and steam items has never been easier.
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FinaGica
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April 09, 2014, 12:35:56 AM
 #5388

I hope so Smiley)
TrollboxChamp
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April 09, 2014, 12:41:32 AM
 #5389

People coming in here trying to create fud to buy in
drumingspz
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April 09, 2014, 12:46:23 AM
 #5390

Although I'm not a fan of this coin, I can't argue with results. Might change my opinion in future and stop calling it Unfaircoin. I had a few questions.

1. Is this still a PoW Coin and will it have the same problem as Mintcoin did previously?

2. Can someone explain to me the 6% interest, 3% year after? Is this staking automatically calculated with coins in wallet? Does the wallet have to be open?

You can mine this traditionally - but nobody does/will.  The block reward is .001 FAC fixed.  POS is calculated based upon the age (minimum 21 days) and amount of coins used.  First year POS reward started around 6% annually and fluctuates based upon difficulty.  You do need to keep you wallet open for staking to take place.  It also needs to be unlocked (for staking purposes only).  The unlock command does not leave your wallet vulnerable to attack; it just allows the staking process to access your coins.

If PoW is possible then it must have low difficulty so won't Faircoin run into the same problem is Mintcoin's PoW which was later updated and removed?

So I can't just open my wallet once every 21 days to stake? I believe that was something you could with Mintcoin.

Thanks.

I believe POW and POS share the same difficulty.  Maybe the dev can elaborate.   Yes, you can just open your wallet every 21 days and wait for your stake.  I think there is a 90 day cap on the stake, so you may want 2 wallets and pass the coins back and forth.  Dev, can you nail these down?




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Kreativekrypto
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April 09, 2014, 12:54:37 AM
 #5391

Is there still Faircoin to give? It appears I missed the boat on this  Undecided

fdFD9MBKXV9bsceggoWFdW1c9WAFc8CM5F

Had an extra 2m/h lying around I pointed at your community multipool hope it helps.
drumingspz
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April 09, 2014, 12:56:24 AM
 #5392

Is there still Faircoin to give? It appears I missed the boat on this  Undecided

fdFD9MBKXV9bsceggoWFdW1c9WAFc8CM5F

Had an extra 2m/h lying around I pointed at your community multipool hope it helps.

Join the mining pool!

http://fair-coin.info/multipool

[EDIT] - Just read that you already did Smiley

Thanks for the help!




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CryptAxe
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April 09, 2014, 12:57:15 AM
 #5393

GUI for making CGminer/SGminer scripts

Hey guys I made this tool a while ago for myself but I decided that at least a few others could find some use in it. Makes
creating scripts really easy. It was always a pain in the ass to make a new script every time I  switched pools or setup a new
miner which led me to creating a decent GUI to do the writing for me. Just download the zip,
extract it anywhere and then run ScriptAxeBeta.exe.

This is a beta and probably has bugs that I haven't found yet!
If you do find a bug please post it on this forum or on the comments section of the download page.

Right now I just have binaries for Windows (tested on Windows 7 32 and 64), if anybody is interested I will also get a working
build of the Linux version that I have, or put up the source code! If anyone with Windows 8 would like to test it and give me their
feedback on this forum that would be incredibly helpful.

I have been programming (mainly in C++) for about 6 years now but this is the first "complete" project that I have posted online,
feel free to give me any feedback don't hold back. If there is enough interest I will add any new features that you guys request.  Smiley

Download page:
http://www.cryptaxe.com/?page_id=62

stormia
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April 09, 2014, 01:32:19 AM
 #5394


I know you weren't the first and weren't trolling nearly as bad as the person who visited the BC forum. But when somebody trolls your forum, and you tell them to leave, then come to their forum, and do the same thing.. well... I hope you see what I am getting at. Fighting fire with fire only makes a bigger fire...
Kreativekrypto
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April 09, 2014, 01:42:49 AM
 #5395

SuperKing
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April 09, 2014, 01:52:46 AM
 #5396

Very amazing prices.
Total transactions volume exceeded 100BTC on mintpal.
Crazy!,  Cheesy

Get Daily Free SignatureCoins. T4RUpqFJdQ627N4HJSXxUqDn4qCveZ4Qs5
Kreativekrypto
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April 09, 2014, 02:32:51 AM
 #5397

How often do we receive payouts in FAC from the multipool at 2 m/h?
TrollboxChamp
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April 09, 2014, 02:40:31 AM
 #5398

How often do we receive payouts in FAC from the multipool at 2 m/h?

It hasnt paid out yet..

We should use the funds to make a buy wall. Its atleast half a btc a day were making in just 48 hrs of operation.

Dev can update us on his plans. He has been really active so im sure hell chime in soon.
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April 09, 2014, 03:08:11 AM
 #5399

i love this coin.
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April 09, 2014, 03:14:59 AM
 #5400

great,to da moon

comm
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