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Author Topic: [ANN][FAIR] FairCoin - for a fair economy, featuring proof-of-cooperation  (Read 376565 times)
Jack Liver
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January 20, 2016, 02:34:09 PM
 #2681


Bitchain already did a first buying of actions from chip chap, 8% at 100.000 euros.

Chip chap, guys are pending of confirming the commitment of bitchain related other agreement. (monthly payment for salaries...)
before making their investment in faircoin.
That could happen around 1 of january.

so these recent movements are related to Chip Chap ?
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January 20, 2016, 06:04:55 PM
 #2682


Bitchain already did a first buying of actions from chip chap, 8% at 100.000 euros.

Chip chap, guys are pending of confirming the commitment of bitchain related other agreement. (monthly payment for salaries...)
before making their investment in faircoin.
That could happen around 1 of january.

so these recent movements are related to Chip Chap ?

The ones from today, are related. Is at least a good beginning...  Grin

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January 20, 2016, 06:32:08 PM
 #2683

Crazzy to see the sell wall at 3893 got eaten.  Shocked Crazzy day.

Can they maybe buy slow and healthy over time and not all in one day? If it rises too fast you will just start another cycle. PPl will see it and jump in and overdoo and you know what happens.

Anyway nice to see this buys after this long slow downward trend.
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January 20, 2016, 07:29:45 PM
 #2684

Crazzy to see the sell wall at 3893 got eaten.  Shocked Crazzy day.

Can they maybe buy slow and healthy over time and not all in one day? If it rises too fast you will just start another cycle. PPl will see it and jump in and overdoo and you know what happens.

Anyway nice to see this buys after this long slow downward trend.

Today was not about rising fast, but to get a big amount of faircoin (mainly for the wall) for the chip chap holdings.
Not so easy to get this amounts on the market if not with the wall. And other wise I was unconfortable leaving people to sell so low
so, now is a more fair price  Wink

Still we need x3 to arrive to getfaircoin price level, and of course this will be step by step... Now lets see if appear more sellers...

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January 20, 2016, 09:13:28 PM
 #2685

What is the amount of faircoin that chip chap is looking to acquire?

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January 20, 2016, 10:12:30 PM
 #2686

What is the amount of faircoin that chip chap is looking to acquire?

There are not a fixed decition on it.

Is more about flows. Chip chap is pending to deploy a bunch of services for buying and selling faircoin, (like is doing with bitcoin) so it need holdings for providing the buyers.
Also, wants to support the volume in the exchange which has been one of the weaks of faircoin market until now

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January 21, 2016, 12:03:14 AM
 #2687

And look how those 200000 Fair, has disaparead from the bittrex distribution: https://www.bittrex.com/Market/Index?MarketName=BTC-FAIR

Slowly, -or faster today- the amount there is degrowing

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January 21, 2016, 02:03:52 AM
 #2688

really fair day Smiley
hope for more good days Smiley

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January 21, 2016, 03:43:45 AM
 #2689

And look how those 200000 Fair, has disaparead from the bittrex distribution: https://www.bittrex.com/Market/Index?MarketName=BTC-FAIR

Slowly, -or faster today- the amount there is degrowing

any Idea who bought the fair coin ?
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January 21, 2016, 09:09:23 AM
 #2690

Chip Chap guys as written above  Wink

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January 21, 2016, 03:01:05 PM
 #2691

i think that this is the bittrex address

fFY92MTcocuU2p6PtGAGsnNJY8N4VVxSyX

the amount look similar to sum of top 50 balances and his amount decreased in these months like the amount of faircoins on bittrex.




Confirmed this adress is not Bittrex. Is only an early adopter, who changed adresses  Wink

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January 21, 2016, 04:13:42 PM
 #2692

What do you think about a fair distribution based on the MachineGuid keys?
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January 21, 2016, 04:15:03 PM
 #2693

right, bittrex seems doesn't use a single address.
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January 21, 2016, 11:58:42 PM
Last edit: January 22, 2016, 03:16:14 AM by smartaction
 #2694

What do you think about a fair distribution based on the MachineGuid keys?

Thats not related only with Windows OS ?

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January 22, 2016, 12:56:28 PM
 #2695

What do you think about a fair distribution based on the MachineGuid keys?

Thats not related only with Windows OS ?

I think you can find MachineGuid for linux with this: $ sudo aex-helper query resource
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January 22, 2016, 02:43:52 PM
 #2696

What do you think about a fair distribution based on the MachineGuid keys?

Thats not related only with Windows OS ?

I think you can find MachineGuid for linux with this: $ sudo aex-helper query resource

Well, anyway if you want to create something with unique identity, thats not enough, because only buying a new computer
you should have a new identity. So the people with more money for buying computers will have more votes.

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January 22, 2016, 03:10:42 PM
 #2697

with a virtual machine you can generate many identities
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January 23, 2016, 07:49:37 AM
 #2698

What do you think about a fair distribution based on the MachineGuid keys?

If you think about fair distributions method maybe check out DynamicCoin. It ended in disaster (forks) and the Coin never came to fly but nevertheless the distribution method he thought about is unique and remarkable interesting.

He modified the POW the way that the coins someone gets scales with the work his computer does but only with the work and nothing else.

https://bitcointalk.org/index.php?topic=500304.0

"Thanks to this system, u will get 0.1 DC / 1MH/s / block (mining 1MH/s for 24h will get u ~280 coins) "

And this was constant no matter when you started to mine and with how many MH. Hwoever it was time limited and of course the number of coins at the end couldn't be know till to the end of the POW periode.

Not sure if the forks were a consequence of that pow system or if it was just that the dev was very unexperienced but like said it ended in a complete mess.
A pitty.
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January 23, 2016, 09:28:21 AM
 #2699

Next large sell wall is at 12500 satoshi, sell order to this price are really thin.  Smiley
Nice to see buy support the on faircoin market ...
Its about time that faircoin is appreciate to what its have achieved so far.  Cheesy


Nxt official forum at: https://nxtforum.org/
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January 23, 2016, 09:14:44 PM
 #2700

Next large sell wall is at 12500 satoshi, sell order to this price are really thin.  Smiley
Nice to see buy support the on faircoin market ...
Its about time that faircoin is appreciate to what its have achieved so far.  Cheesy


And that 12500 is close to same price of getfaircoin (depending of bitcoin price exactly...)

So, would be kindly great to keep big amounts to sell until that level is arranged, because when this happens all the faircoin ecosystem
will begin wo work better and better and liquidity from getfaircoin and from real economy activity will grow and grow..  Smiley

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