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Author Topic: [ANN] FairCoin (FAC) - NEW DEVELOPMENT TEAM - Innovation - Promoting Equality -  (Read 46909 times)
xiaozhai123
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May 14, 2014, 05:52:02 AM
 #281

The new team is very powerful Grin Grin Grin Grin

LionCoin!May we all be in safe under the guidance of the Lion
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doriangray
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May 14, 2014, 06:02:32 AM
 #282

The new team is very powerful Grin Grin Grin Grin

They are very dedicated team helping FAC to get on the right track. With new website and forum this is a great news.

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Eliza Lucido29
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May 14, 2014, 06:59:07 AM
 #283

PAWN will be successful,it‘s team is better than other,We support
budabuxiangshi
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May 14, 2014, 07:03:18 AM
 #284

PAWN will be successful,it‘s team is better than other,We support

PAWN will be dead lol
Never heard team of PAWN
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May 14, 2014, 07:15:14 AM
 #285

Banker is not done recently, the price is so low
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May 14, 2014, 07:18:12 AM
 #286

I'll invest if the logo would be updated to the one in the recent post.
You are a people with vision.
Fac very low. Grin Grin Grin

 Smiley Smiley buy buy buy

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May 14, 2014, 07:29:39 AM
 #287

is the price good enough for buying right now? i think the price isn't cheap enough.
K128kevin
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May 14, 2014, 07:35:17 AM
 #288

is the price good enough for buying right now? i think the price isn't cheap enough.


 Wink Wink

drakandar
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May 14, 2014, 07:55:55 AM
 #289

is the price good enough for buying right now? i think the price isn't cheap enough.

Take the following numbers into account:
- There are about 50.000.000 coins
- The current value is about 0.00000615 BTC
- I personally (my opinion!) assume that any well established coin can reach 1% Relative BTC Target Value (based on DOGE, PTS, LTC).
- For FairCoin that would be (21.000.000 (max BTC)/50.000.000 (max FAC))/100 = 0.00420000 BTC/FAC
- Relative price at 1% Relative BTC = (0.00000615/0.00420000) * 100 = 0.15%  of possible value
- Do the same calculation for DOGE, MINT, LTC, PTS, BC and ZEIT

Decide for yourself if the price is good enough for buying right now.
Disclaimer: I'm just doing the numbers here. And remember; results for the past are no guarantee for the future


Faircoin, the coin of the fair economy | https://fair-coin.org | https://faircoinpaperwallet.com
https://www.fair.coop | The Earth cooperative to create a new economic system, based in global fairness
nezolder
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May 14, 2014, 08:17:24 AM
 #290

is the price good enough for buying right now? i think the price isn't cheap enough.

Take the following numbers into account:
- There are about 50.000.000 coins
- The current value is about 0.00000615 BTC
- I personally (my opinion!) assume that any well established coin can reach 1% Relative BTC Target Value (based on DOGE, PTS, LTC).
- For FairCoin that would be (21.000.000 (max BTC)/50.000.000 (max FAC))/100 = 0.00420000 BTC/FAC
- Relative price at 1% Relative BTC = (0.00000615/0.00420000) * 100 = 0.15%  of possible value
- Do the same calculation for DOGE, MINT, LTC, PTS, BC and ZEIT

Decide for yourself if the price is good enough for buying right now.
Disclaimer: I'm just doing the numbers here. And remember; results for the past are no guarantee for the future



Totally agree, its so cheap atm, this is the best possibility to get it in good price (like i did now Smiley)
sky110
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May 14, 2014, 08:23:46 AM
 #291

I hate fac dev! Angry
sky110
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May 14, 2014, 08:24:16 AM
 #292

He is cheat everyone!
sky110
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May 14, 2014, 08:24:53 AM
 #293

But I support fac all the time.
smartaction
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May 14, 2014, 09:36:19 AM
 #294

is the price good enough for buying right now? i think the price isn't cheap enough.

Take the following numbers into account:
- There are about 50.000.000 coins
- The current value is about 0.00000615 BTC
- I personally (my opinion!) assume that any well established coin can reach 1% Relative BTC Target Value (based on DOGE, PTS, LTC).
- For FairCoin that would be (21.000.000 (max BTC)/50.000.000 (max FAC))/100 = 0.00420000 BTC/FAC
- Relative price at 1% Relative BTC = (0.00000615/0.00420000) * 100 = 0.15%  of possible value
- Do the same calculation for DOGE, MINT, LTC, PTS, BC and ZEIT

Decide for yourself if the price is good enough for buying right now.
Disclaimer: I'm just doing the numbers here. And remember; results for the past are no guarantee for the future



Totally agree, its so cheap atm, this is the best possibility to get it in good price (like i did now Smiley)

I would be happy if people that wants to be involved in the fac community is buying right now at this prices. Its better for the coin that people that is for the long time become the main holders. Im in for it!  I am here for create value at the long term! who is with me?

Faircoin, the coin of the fair economy
Check https://www.fair.coop The Earth cooperative to create a new economic system, based in global fairness
pupukaka
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May 14, 2014, 09:59:46 AM
 #295

Quote
I would be happy if people that wants to be involved in the fac community is buying right now at this prices. Its better for the coin that people that is for the long time become the main holders. Im in for it!  I am here for create value at the long term! who is with me?

I'm with you bro. Going to hold my FAC at least a year because I dont see any reason or need to sell it at this price.
Morquor
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May 14, 2014, 10:04:16 AM
 #296

is the price good enough for buying right now? i think the price isn't cheap enough.

Take the following numbers into account:
- There are about 50.000.000 coins
- The current value is about 0.00000615 BTC
- I personally (my opinion!) assume that any well established coin can reach 1% Relative BTC Target Value (based on DOGE, PTS, LTC).
- For FairCoin that would be (21.000.000 (max BTC)/50.000.000 (max FAC))/100 = 0.00420000 BTC/FAC
- Relative price at 1% Relative BTC = (0.00000615/0.00420000) * 100 = 0.15%  of possible value
- Do the same calculation for DOGE, MINT, LTC, PTS, BC and ZEIT

Decide for yourself if the price is good enough for buying right now.
Disclaimer: I'm just doing the numbers here. And remember; results for the past are no guarantee for the future



Totally agree, its so cheap atm, this is the best possibility to get it in good price (like i did now Smiley)

I would be happy if people that wants to be involved in the fac community is buying right now at this prices. Its better for the coin that people that is for the long time become the main holders. Im in for it!  I am here for create value at the long term! who is with me?

I'm still holding my coins from the initial distribution. And I'm not selling one below 10k sat.  Grin
smartaction
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May 14, 2014, 10:16:02 AM
 #297

Social networks stuff

Follow the new dev team twitter account
www.twitter.com/FairCoinTeam 

suscribe on reddit
www.reddit.com/r/thefaircoin

We need more followers and suscribers!!

Faircoin, the coin of the fair economy
Check https://www.fair.coop The Earth cooperative to create a new economic system, based in global fairness
Bit-Gods
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May 14, 2014, 10:21:16 AM
 #298

Im also holding some fac in my pocket.
Great work new dev team, im looking for some huge news.

zuyfg888
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May 14, 2014, 11:23:58 AM
 #299

Our new LOGO not sure down?
 Grin
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May 14, 2014, 11:46:02 AM
 #300


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

wow excellent work! thumbs up! though i don't think chart analysis works on altcoin~
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