This faircoin or pumpcoin is the biggest scam since aurora. So here's the deal -
1. Dev distributes free coins in a shady way, no way of knowing how many coins given to how many people.
Who knows he kept 10.000.000 coins for himself?
2. Dev annouced he lost the wallet with millions of coins in it, then says he found it tada. Changed his mind?
3. Nxt-e announces this -
2014/03/28
NXT-E is always syncing with official block chain and using official nodes.
Yesterday, there are more than 6950000 coins deposited to fJ7BxMa2B1waqXXyVccVoKf5HMNb2T7sXy to our exchange, including unconfirmed 1.5 million coins. Not to mention, poloniex probably received more.
http://fac.blockx.info/ showed the same records until they are updated.
The dev team said the coins were distributed to so many people. Everyone got 1000 fac. But this amount is so huge, probably more than 10 million coins, which leads us to wonder who can possibly have such amount of Faircoins besides dev team themselves.
We need explanation that the coins that Faircoin team rolled back is because of 51% attack or they come from the 15 million coins that were claimed gone missing when the first time distribution. So Dev team deposit them maliciously, and after trading btc, rollback the blockchain to cover up and prepare the next attack. Because they "fixed" the problem so quickly and easily, even if BTC team can't fix 51% attack.
Either reasons are huge risks. And it could happen again. So to protect Faircoin investors, NXT-E decided to suspend the market and withdraws until dev team give all of us a reasonable proof and show everyone that they handle it satisfied. There is no false on our side. Dev team develops a coin that has serious problem, can't just roll back block chain and pretend nothing happened. We need truth. (If you want proof, go to nxt-e and click NEWS)
How can anyone deposit so much coins in the first exchange? they gave only 1000 to 1 person or sockpuppet
4. Check buy orders on mintpal, lots of fake orders of 6, 6.5, 10 coins clearly screaming artificial pump going on.
ALL THIS IS REALLY VERY SHADY. STAY AWAY!