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

[Jack Liver]

i remember it was added long ago, there are old stats too.

http://www.cryptocoincharts.info/pair/fac/btc/mintpal/alltime


cryptrader is awesome but doesn't display the full order book maybe with the new bittrex version will have this feature but for now they have revert the old version  

[Mandy1749]

Update from the fairmarket developers here:

https://fair.coop/groups/faircoop-community/fairmarket/forum/topic/fairmarket-current-status-2/

Now you can make a look, about what is going on -> http://81.21.70.194:8069/

Great.
code from odoo.

[smartaction]

New donation widget version for wordpress  https://wordpress.org/plugins/faircoin-donation-dutton/

[smartaction]

Salvados, One of the main television programs of Spain will have a 25 minutes interview with me this sunday night

http://www.lasexta.com/programas/salvados/avances/jordi-evole-localiza-enric-duran-primera-vez-que-entrevisto-profugo-justicia-espanola_2015043000365.html

It was already recorded, and yet the main topic is the "bank loans robin hood action" of 2008,  we was talking some minutes about faircoin and alternative money. I amb dubtous if it will have a presence in the television.

But if happens, Salvados is leader of sunday audience in Spain with more than 3M viewers.

Lets see what happen 

[Sebastien256]

Is it me of faircoin sell order book on bittrex is mostly empty?

[Jack Liver]

it seems a sell order spam when beta.bittrex came back or they upgrade to the new version we will see the complete order book, the question is who is doing this, bots ?

[smartaction]

This sticker is being extended right now in the shops of "Coves de Vinromà"  and in some weeks Chip Chap will offer their multiwallet service for shops willing to accept bitcoin and faircoin, around the world...  

[smartaction]

Now The price in getfaircoin.net has moved from 1 € = 65 FAIR to 1 €  = 60 FAIR

This is the result of the consolidation of the price in bittrex and the marketcap there around 1M $ this last week
we was selling in getfaircoin fairly below that price, and now this new change is a step to make the price more equal.

[Sebastien256]

Please add BTC as possible payment in getfaircoin. I was suprise to not found BTC there! Or faircoin in shapeshift.io would be great.

[Anduril_FotW]

Is it me of faircoin sell order book on bittrex is mostly empty?

I already logged a complaint with Bittrex about this.
The ASK side of FAIR on Bittrex is totally incomplete as it is stated at the moment.
They need to solve this asap.
Maybe someone can also bring up the issue on Twitter ?

[Anduril_FotW]

Please add BTC as possible payment in getfaircoin. I was suprise to not found BTC there! Or faircoin in shapeshift.io would be great.

My estimation is that BTC is not there as a payment option on purpose.
Otherwise it would be too easy for people to sell FAIR on Bittrex and then buy them back for BTC on Getfaircoin.
That way Getfaircoin would always be the indicator of the current FAIR price level, instead of Bittrex determining the price and Getfaircoin lagging behind a bit.
And especially when Enric is resupplying Getfaircoin from Bittrex, this will be a bad option, because then FairCoop will loose money all the time and all the speculators will be gaining it.
I agree that something is not completely "economic" about this setup, but I also cannot think of a better alternative at this time.

[Sebastien256]

Please add BTC as possible payment in getfaircoin. I was suprise to not found BTC there! Or faircoin in shapeshift.io would be great.

My estimation is that BTC is not there as a payment option on purpose.
Otherwise it would be too easy for people to sell FAIR on Bittrex and then buy them back for BTC on Getfaircoin.
That way Getfaircoin would always be the indicator of the current FAIR price level, instead of Bittrex determining the price and Getfaircoin lagging behind a bit.
And especially when Enric is resupplying Getfaircoin from Bittrex, this will be a bad option, because then FairCoop will loose money all the time and all the speculators will be gaining it.
I agree that something is not completely "economic" about this setup, but I also cannot think of a better alternative at this time.

Then shapeshift.io ... would be a nice option.

[smartaction]

Please add BTC as possible payment in getfaircoin. I was suprise to not found BTC there! Or faircoin in shapeshift.io would be great.

My estimation is that BTC is not there as a payment option on purpose.
Otherwise it would be too easy for people to sell FAIR on Bittrex and then buy them back for BTC on Getfaircoin.
That way Getfaircoin would always be the indicator of the current FAIR price level, instead of Bittrex determining the price and Getfaircoin lagging behind a bit.
And especially when Enric is resupplying Getfaircoin from Bittrex, this will be a bad option, because then FairCoop will loose money all the time and all the speculators will be gaining it.
I agree that something is not completely "economic" about this setup, but I also cannot think of a better alternative at this time.

Then shapeshift.io ... would be a nice option.

We already proposed them to add faircoin some weeks ago, but they said that at the moment dont saw enough marketcap and volume. Currently volume is growing and marketcap is bigger than more of the 50% of coins that are there, so we would mike another trial

[smartaction]

Salvados, One of the main television programs of Spain will have a 25 minutes interview with me this sunday night

http://www.lasexta.com/programas/salvados/avances/jordi-evole-localiza-enric-duran-primera-vez-que-entrevisto-profugo-justicia-espanola_2015043000365.html

It was already recorded, and yet the main topic is the "bank loans robin hood action" of 2008,  we was talking some minutes about faircoin and alternative money. I amb dubtous if it will have a presence in the television.

But if happens, Salvados is leader of sunday audience in Spain with more than 3M viewers.

Lets see what happen 

This night my twitter has more than 2000 new followers. Is not bad 
https://twitter.com/EnricDuranG

The Salvados program not showed the interview talking about faircoin and cryptocurrencies, but i added this in my statement after the program with a lot of sharing on twitter. (See the number 10)

Here below english translation of the statement

[smartaction]

Now, an extended article about Faircoin in one of the main spanish leftish media

http://www.eldiario.es/hojaderouter/internet/Faircoin-criptomoneda-Robin_Hood-Enric_Duran_0_382162478.html

[smartaction]

Now, an extended article about Faircoin in one of the main spanish leftish media

http://www.eldiario.es/hojaderouter/internet/Faircoin-criptomoneda-Robin_Hood-Enric_Duran_0_382162478.html

This afternoon in the frontpage  of the eldiario.es

[idandeal]

60 week ago, There were 50M coins, and now have 51.5M.
I'm don't understand. at this rate, in 100 years there will be lots and lots of coins, then the value can't grow...
true?

[Jack Liver]

first year 6% mean that potentially we could have 53M coins instead of current 51.5M now the PoS is 3% and next year will be 1,5% and so every year, but keep in mind than not all the faircoins stake especially if are used.

[smartaction]

60 week ago, There were 50M coins, and now have 51.5M.
I'm don't understand. at this rate, in 100 years there will be lots and lots of coins, then the value can't grow...
true?

This is less than 3% by year. Which is very less than the % growing of the bitcoin supply. from the beginning

You have seen what happened with the bitcoin value from the beginning ?

So, conclusion nothing to do...  

Anyway related the future it will depen of waht we decide as a community,  the current configuration could change in benefit of the aims of faircoin and faircoop

[Jack Liver]

i made some calculations if next year every coin stake at 3% there would be approximately 53M for the following 98 years if every coin stake at 1,5% the total will be approximately 230M  


i'm more worried about of 0,001 fee