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Author Topic: [ANN] FairCoin (FAC) - NEW DEVELOPMENT TEAM - Innovation - Promoting Equality -  (Read 47016 times)
zuyfg888
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May 12, 2014, 08:51:39 AM
 #241

who can tell me the price now。。。i have buy a lot of it Cry
Fac=100 sat..
 Grin Grin Grin
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May 12, 2014, 08:55:17 AM
 #242

where is the former dev of faircoin

He's gone...

cash out and say byebye
maybe behind new coins now.
The new dev team seems good.I'll keep an eye FAC.

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May 12, 2014, 09:10:00 AM
 #243

who can tell me the price now。。。i have buy a lot of it Cry
Fac=100 sat..
 Grin Grin Grin

i don't think so, the price is increased a bit, seems stable for now
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May 12, 2014, 09:16:25 AM
 #244

Not ten thousand sat..., this is a failure of the coin.
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May 12, 2014, 09:23:38 AM
 #245

Not ten thousand sat..., this is a failure of the coin.

Huh?  Huh
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May 12, 2014, 09:55:53 AM
 #246

Not ten thousand sat..., this is a failure of the coin.

Huh?  Huh
He ment that the value of the coin should be 10k sat..

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May 12, 2014, 10:04:13 AM
 #247

Not ten thousand sat..., this is a failure of the coin.

Huh?  Huh
He ment that the value of the coin should be 10k sat..

 Cheesy
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May 12, 2014, 12:29:24 PM
 #248

hey guys,
if the latest coin design that i posted here is OK, then please change the logo in the OP
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May 12, 2014, 12:39:42 PM
 #249

good job ,i have a lot of it,What is the next step in the programme?
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May 12, 2014, 06:05:23 PM
 #250

hey guys,
if the latest coin design that i posted here is OK, then please change the logo in the OP
I like this logo.
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May 12, 2014, 06:07:31 PM
 #251

Here it goes another idea for the fair-coin logo... I'm working on a illustrated version with this concept, but without photos, simple with plain colors and more skematic.
Also I'll give a try to put text (name and phrase) in the big version, but it will not work for the small icon (not readable)...




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May 12, 2014, 06:21:28 PM
 #252

let's try via tinypic...

zuyfg888
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May 12, 2014, 06:22:57 PM
 #253

let's try via tinypic...

Grin
We can on our new home page, select a few new LOGO, and then accept the vote.
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May 12, 2014, 08:57:51 PM
 #254

FAC seems to be pretty stable at 700sat...if everybody would see fac as a long term inverstment and hold it for several month it would grow so fast. I actually dont understand why anybody would sell at this price...there isnt even a selling pressure from miners which would push the price down.
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May 12, 2014, 09:15:20 PM
 #255

FAC seems to be pretty stable at 700sat...if everybody would see fac as a long term inverstment and hold it for several month it would grow so fast. I actually dont understand why anybody would sell at this price...there isnt even a selling pressure from miners which would push the price down.

Only thing I guess is they get nervous or have bills to pay.
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May 13, 2014, 01:43:12 AM
 #256

Financial Analysis on FairCoin's price: Report #1


FairCoin has seen a variety of large ups and downs, as well as substantial periods of time with next to no activity. There were large periods of prosperity as well as depression throughout FairCoin's two previous months of existence. Today, I will be analyzing the value of FairCoin for the past week, and provide a bit of speculation on FairCoin's next target value.

https://i.imgur.com/xDIAcRI.png

As you can see in the picture above, the primary support level was tested various times throughout the original dev's absence. With the creation of the new dev team, the price rocketed up over 300%, consolidating at 1K satos various times, increasing and testing the primary resistance level twice, before decreasing once this period of short prosperity died down. The recession that followed was inevitable because the increase in value was relatively too fast. The tertiary support level established by day-traders was broken through. The secondary support level is now being thoroughly tested by moderate selling forces.

The main thing that's causing the continuous decrease in current value is the psychological powers at play here. Day-traders sell their holdings of FairCoin, in hope of buying in lower. This was seen in the tertiary and secondary levels established by these very traders, which most likely sold at above 1K satos and left their buy offers in at 900, 800, 700, and now 600 satos. The amount of sellers are decreasing by a lot, and more buy offers are being put up to account for the amount which they sold. There will be a very sudden trend reversal, and the price may likely rocket up again. Once day-traders see the price increasing again, they''ll pull out their lower buy supports and immediately start buying FairCoins in hope of it going up more. This is like a chain reaction, as more and more keep on buying.

I believe that FairCoin will not go below 500 satos. The primary support level was not broken for 3 weeks, and being reinforced by daytraders which sold their FairCoin holdings at over 500 satos, will most likely will not break. See, here is an example. If a person sold their 100K FairCoins at 1K satos, and with the 1 BitCoin return, left an offer for 200K FairCoins at 500 satos, and the person who he sold it to decided to dump his 100K FairCoins at 500 satos (at a loss), there wouldn't be enough FairCoins to cover the other 100K. And so, the remaining demand and the vanished supply will make the price price inevitable. I am applying this theory to FairCoin right now, because once the people that bought their FairCoins at over the current price dump their holdings, and the people that sold their FairCoins at over the current price put in buy supports at the current price (with the same amount of BitCoins), the buying force will have more FairCoins in value than the selling force. And that is why a rise in FairCoin's value will happen quite soon.

More financial analysis to come soon!


Kindest regards,

Adam Trat (Gladimor)

Community Manager, FairCoin
The analysis is very correct. I will buy some shares at 600s.
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May 13, 2014, 01:54:10 AM
 #257

What is FairCoin?
junkozane
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May 13, 2014, 02:13:59 AM
 #258

Financial Analysis on FairCoin's price: Report #1


FairCoin has seen a variety of large ups and downs, as well as substantial periods of time with next to no activity. There were large periods of prosperity as well as depression throughout FairCoin's two previous months of existence. Today, I will be analyzing the value of FairCoin for the past week, and provide a bit of speculation on FairCoin's next target value.



As you can see in the picture above, the primary support level was tested various times throughout the original dev's absence. With the creation of the new dev team, the price rocketed up over 300%, consolidating at 1K satos various times, increasing and testing the primary resistance level twice, before decreasing once this period of short prosperity died down. The recession that followed was inevitable because the increase in value was relatively too fast. The tertiary support level established by day-traders was broken through. The secondary support level is now being thoroughly tested by moderate selling forces.

The main thing that's causing the continuous decrease in current value is the psychological powers at play here. Day-traders sell their holdings of FairCoin, in hope of buying in lower. This was seen in the tertiary and secondary levels established by these very traders, which most likely sold at above 1K satos and left their buy offers in at 900, 800, 700, and now 600 satos. The amount of sellers are decreasing by a lot, and more buy offers are being put up to account for the amount which they sold. There will be a very sudden trend reversal, and the price may likely rocket up again. Once day-traders see the price increasing again, they''ll pull out their lower buy supports and immediately start buying FairCoins in hope of it going up more. This is like a chain reaction, as more and more keep on buying.

I believe that FairCoin will not go below 500 satos. The primary support level was not broken for 3 weeks, and being reinforced by daytraders which sold their FairCoin holdings at over 500 satos, will most likely will not break. See, here is an example. If a person sold their 100K FairCoins at 1K satos, and with the 1 BitCoin return, left an offer for 200K FairCoins at 500 satos, and the person who he sold it to decided to dump his 100K FairCoins at 500 satos (at a loss), there wouldn't be enough FairCoins to cover the other 100K. And so, the remaining demand and the vanished supply will make the price price inevitable. I am applying this theory to FairCoin right now, because once the people that bought their FairCoins at over the current price dump their holdings, and the people that sold their FairCoins at over the current price put in buy supports at the current price (with the same amount of BitCoins), the buying force will have more FairCoins in value than the selling force. And that is why a rise in FairCoin's value will happen quite soon.

More financial analysis to come soon!


Kindest regards,

Adam Trat (Gladimor)

Community Manager, FairCoin

I enjoyed this more than itgeniousguru's theory, somehow make me calm  Cheesy, keep it coming gladimor
ITGeniusGuru
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May 13, 2014, 04:09:19 AM
 #259

What is FairCoin?

Huh? Are you new here?
Have a seat... relax and make yourself comfortable. I will tell you the whole story from the very beginning.
zuyfg888
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May 13, 2014, 08:40:48 AM
 #260

What is FairCoin?

Huh? Are you new here?
Have a seat... relax and make yourself comfortable. I will tell you the whole story from the very beginning.
what is story? Grin
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