[ANN][FAIR] FairCoin - for a fair economy, featuring proof-of-cooperation

[bhokor]

I think fairmarket will be basic for faircoin value, it will be a confluence point betwen people that believe in one social economy

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[gadado]

but there's still some FairCoin roaming about that has been collected for free (by simply clicking a button on a web page). Making that balance will stabilise the coins value.

The funny thing is that this collecting for free by simple clicking a button on a web page was the most intense work I had ever to do for a Coin to get them.

It's much simpler to start a miner or just post interested  than haveing to setup up a timer and remember every 30 min or 1 hour to get a new token and this over 2 or 3 days.

Someone even wrote scripts and invested lot of time in tricking the system. If I don't err he got about factor 10 more than the others at the end.

I collected about 16k through manual work. Never sold them. I bought a lot more. Lucky the most part before this strong rise in price took place.

[smartaction]

FairCoop not will stop at the summer.

but extending the network, and developing together Fairmarket, Coopshares and others..

FairCoop Camp in Crete, Greece, from july 15 to august 15


https://fair.coop/faircoop-summer-camp-2015/

[Indal0]

FairCoop not will stop at the summer.

but extending the network, and developing together Fairmarket, Coopshares and others..

FairCoop Camp in Crete, Greece, from july 15 to august 15

https://fair.coop/wp-content/uploads/2015/06/summercamp-882x493.png
https://fair.coop/faircoop-summer-camp-2015/

looks great!! I am waiting more info about it and if posible I wanna go in august if we can pay the hostel with fair will be very nice!!

[drakandar]

if we can pay the hostel with fair will be very nice!!

16 August 2015; community in distress due to massive sale of FairCoins from the hostel owner

[yofevo1]

go go go fair . i saw rate below 10k n now 12k gratz 

[Jack Liver]

over 30btc of buy wall 

[smartaction]

over 30btc of buy wall 

Yeah, probably one of the more powerful FairCoin buys order book this year 

[matthewh3]

Trends Show Crowdfunding To Surpass VC In 2016

Will Equity Crowdfunding Overtake Angel and VC?

The World Bank estimated that crowdfunding would reach $90 billion by 2020. If the trend of doubling year over year continues, we’ll see $90 billion by 2017.

To put that in perspective, venture capital averages roughly $30 billion per year and in 2014 accounted for roughly $45 billion in investment, whereas angel capital averages roughly $20 billion per year invested.

http://www.forbes.com/sites/chancebarnett/2015/06/09/trends-show-crowdfunding-to-surpass-vc-in-2016/

[idandeal]

I don't undetstand why poc fairer then pos?
because if I have many money I can to create more nodes and mint more...

[Jack Liver]

with PoC minting is removed and there will be only fees as reward for nodes i don't think that can be more than 1 full node per user also you need certification by FairCoop.

[Sebastien256]

Big buy order around, these market are so elastic. 

[Zombie123]

Can we get info if getfaircoin is buying or is it other users 

[Zombie123]

over 30btc of buy wall 

Yeah, probably one of the more powerful FairCoin buys order book this year 

Though order book looks better but 1/2 of the 30BTC wall is at 300 satoshis which means nothing 

[smartaction]

Can we get info if getfaircoin is buying or is it other users 

Getfaircoin and some collaborators, have did part of the buyings between 10000 and 20000. But the big buying from 20000 to 24000
is not ours 
Otherwise Our goal was to balance bittrex and getfaircoin by the buyings, and now this goal has been reached!

From here, I see that would be good for the market to stabilize around 20000 - 25000, next days.

[smartaction]

over 30btc of buy wall 

Yeah, probably one of the more powerful FairCoin buys order book this year 

Though order book looks better but 1/2 of the 30BTC wall is at 300 satoshis which means nothing 

Well it means a few, but still a few looks positive (some one fixing a good amount of bitcoin in the buy order book)

Otherwise, Are 37 BTC, so this ones is 16 of the 37 BTC

[ShopemNL]

I am selling 50k faircoin, paypal or btc is no problem.
PM me for a good price!

[deepcreek]

I don't see what everybody likes about this Fair 2.0 too... i mean, a normal inflation is good for any economy in the long run..
The amount of coins that get lost with lost wallets, broken devices and crashed hard drives will kill the coin if you don't have anything in return to compensate. 1.5% PoS is low enough to make it fair.

TBH anyone who want to be lazy and earn money while sleeping will just go in stock markets or something similar. People with lots of money laugh at this 1.5% because there is so much more to get when you have a decent portfolio. And guess what, it works like that in the real world. I know it is unfair but it does. With money you make money. It is as easy as that.

Please guys think in the long run and not just short term. Also you are centralizing the Fair economy if you will need to get permission from FAIRCOOP, bad move tbh. It will only make it harder for people to understand. Only a handful of people will be able to host a node and that is really the most UNFAIR thing about all of this.

Just think about it very carefully. A change like this can make or break the coin and i think we are too strong of a community with too strong of a coin to risk.

Deepcreek

PS: The fact that PoS is not secure enough is a whole different discussion and that may need to be changed. But the main focus of PoS to have a energy efficient inflationary coin is, at least in my eyes very good.

[smartaction]

I don't see what everybody likes about this Fair 2.0 too... i mean, a normal inflation is good for any economy in the long run..
The amount of coins that get lost with lost wallets, broken devices and crashed hard drives will kill the coin if you don't have anything in return to compensate. 1.5% PoS is low enough to make it fair.

TBH anyone who want to be lazy and earn money while sleeping will just go in stock markets or something similar. People with lots of money laugh at this 1.5% because there is so much more to get when you have a decent portfolio. And guess what, it works like that in the real world. I know it is unfair but it does. With money you make money. It is as easy as that.

Please guys think in the long run and not just short term. Also you are centralizing the Fair economy if you will need to get permission from FAIRCOOP, bad move tbh. It will only make it harder for people to understand. Only a handful of people will be able to host a node and that is really the most UNFAIR thing about all of this.

Just think about it very carefully. A change like this can make or break the coin and i think we are too strong of a community with too strong of a coin to risk.

Deepcreek

PS: The fact that PoS is not secure enough is a whole different discussion and that may need to be changed. But the main focus of PoS to have a energy efficient inflationary coin is, at least in my eyes very good.

To say that certification will come from FairCoop, and therefore will be centralized is not exact. There are a discussion ongoing, and most of the proposals are about decentralized ways of certification: https://fair.coop/groups/faircoop-community/faircoin/faircoin2/forum/topic/node-certification-procedure-ncp/

[deepcreek]

To say that certification will come from FairCoop, and therefore will be centralized is not exact. There are a discussion ongoing, and most of the proposals are about decentralized ways of certification: https://fair.coop/groups/faircoop-community/faircoin/faircoin2/forum/topic/node-certification-procedure-ncp/

Ah, did not read that forum. But still my point here is. Economics is a very very difficult thing to understand. And what may seem fair to you may not be fair to others, and the other way around. There will always be people that want it different or feel like it is fairer in a different way. But speaking purely from the coin perspective i think we have a very fair coin when it is on a 1.5% PoS rate. That you look into different method`s is fine with me to be honest. But before we even consider forking we need to have it researched. Not only from the FAIRCOOP perspective but also from the FAIRCOIN perspective.