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

[smartaction]

My talk in OuishareFest has been moved to tomorrow due technical problems in The fest

you can follow online here: http://www.glowbl.com/OuiShareFestWelcome

The new time is pending for confirmation

What language will you be speaking in Spanish, French or English.  As unfortunately I can only speak and understand English.  Didn't Skype release an auto translator of video calls.  If so maybe you can set up a cam and mic to offer the talk in a Skype room?

It will be in english, and would be followed in the Live video from Ouishare

[smartaction]

New Payment option in Getfaircoin. Fairbill.com an ethical one!

https://getfaircoin.net/downloads/get-faircoin-with-fairbill-multi-option/

Here you can buy Faircoin with the Fairbill’s multiple payment options: Credit Card, Bank transfer, GLS Bank, SEPA Direct Debit, SofortBanking, Alias Gateway, Betabank, Cash payment (only in Leipzig)

Related credit cards, lower fees than paypal in our site. (around 2,6% )

[Mandy1749]

my dear @smartaction

the price in getfaircoin is too much low to bitrrex...
the price now is around 31000-34000 in bitrrex
it's about 14-15 FAIR per EUR

maybe my worry is not necessary.
but there still have some risk to lost the coop funds if some short time trader take this profit.

[smartaction]

my dear @smartaction

the price in getfaircoin is too much low to bitrrex...
the price now is around 31000-34000 in bitrrex
it's about 14-15 FAIR per EUR

maybe my worry is not necessary.
but there still have some risk to lost the coop funds if some short time trader take this profit.

Is not such risk for the coop, because I share my reserves with getfaircoin, but anyway if someone wants to buy
in getfaircoin will receive the faircoin after 48 hours and will do better if save it, than fast sell,  because most probably it will continue growing  

edit: the reason  is that not makes sense in getfaircoin to change from 23 to 14 in 24 hours..   I prefer to take that risk and make things happen more steadly

[OrangeMachine]

Hello to all.

It's my first post. I'm new to faircoin/cryptocurrencies and have one naive question and a comment...

In alcurex faircoin value is totality different, I don't understand why nobody refers to this and only to the bittrex value...

Picking on the Smartaction last sentence about selling faircoin, in my opinion the only way to make this coin work is keep it in a restrict number of users that only sell it to pay necessary monthly bills and get more faircoins in fairmarket (just like a regular job). If the people who have the big amounts of faircoin sell it to make big money everybody loses... right?

[matthewh3]

Hello to all.

It's my first post. I'm new to faircoin/cryptocurrencies and have one naive question and a comment...

In alcurex faircoin value is totality different, I don't understand why nobody refers to this and only to the bittrex value...

Picking on the Smartaction last sentence about selling faircoin, in my opinion the only way to make this coin work is keep it in a restrict number of users that only sell it to pay necessary monthly bills and get more faircoins in fairmarket (just like a regular job). If the people who have the big amounts of faircoin sell it to make big money everybody loses... right?

If you look you will see that the traded volume of Alcurex is very very tiny.

Also you can't restrict the trading of decentralised peer to peer cryptocurrencies as they are in essence by design open networks that anyone can use.  If you tried to change that then you would be losing one of the greatest benefits of cryptocurrencies.

[smartaction]

Hello to all.

It's my first post. I'm new to faircoin/cryptocurrencies and have one naive question and a comment...

In alcurex faircoin value is totality different, I don't understand why nobody refers to this and only to the bittrex value...

Picking on the Smartaction last sentence about selling faircoin, in my opinion the only way to make this coin work is keep it in a restrict number of users that only sell it to pay necessary monthly bills and get more faircoins in fairmarket (just like a regular job). If the people who have the big amounts of faircoin sell it to make big money everybody loses... right?

If you look you will see that the traded volume of Alcurex is very very tiny.

Also you can't restrict the trading of decentralised peer to peer cryptocurrencies as they are in essence by design open networks that anyone can use.  If you tried to change that then you would be losing one of the greatest benefits of cryptocurrencies.

In fact, there are not sell order in Alcurex.  You see 15000 because was the last trade, but the situation today is some tiny buy orders the bigger one at 30000
No sell orders...  So, .... you can learn by yourself going to the market...   https://alcurex.org/index.php/crypto/market?pair=fair_btc

[drakandar]

Hello to all.

It's my first post. I'm new to faircoin/cryptocurrencies and have one naive question and a comment...

In alcurex faircoin value is totality different, I don't understand why nobody refers to this and only to the bittrex value...

Picking on the Smartaction last sentence about selling faircoin, in my opinion the only way to make this coin work is keep it in a restrict number of users that only sell it to pay necessary monthly bills and get more faircoins in fairmarket (just like a regular job). If the people who have the big amounts of faircoin sell it to make big money everybody loses... right?

Hi OrangeMachine and welcome

I'll comment a bit on what you wrote. Please note that this is just my view on crypto's and not the only truth

For a lot of crypto's what you wrote is actually the case. They never make it off the exchange and the amount of coins in existence is way to much to be support by the community using them. In that case it is in fact only a pile of BitCoin where people colaborately deposit and withdraw from, which controls the value.

Things become different when a crypto gets more purpose. Instead of trading the coin for other currencies, people will be able to trade a coin for goods or services - you'll get coin-2-coin traffic. In that way they skip the money pile game completely. A valid or slowly changing reference value helps to build trust - which is one of the many roles of getfaircoin.

On the last part; people with big amounts of coins can influence the market heavily. I personally believe that this is what we're seeing with BitCoin right now. It is interesting to say the least that it has been stuck at 220ish euro per bitcoin for so long.

Not only the distribution of a coins wealth, but also the big account holders will eventually determine a coins short term fate. It has to survive long enough so it can fragment, decentralize and become a stable and accepted currency. Knowing who your big account holders are and what their intentions are can help a great deal in growing to be more resilient.

For the last part; open up the markets in Bittrex and run a few calculations and see how much money you - hypothetically - can actually make on the different coins if you where a 'big account holder' and want sell for 'big money'. You'd be supprised how fast it will totally deplete the market, how little it will earn and how much damage you it do.

[OrangeMachine]

Thank you all for your comments.

I read all the information in faircoin website,  knowing the opinions/doubts from people around me it seems that faircoop must address all possible questions in a very down to earth way. The big economical problems we live in are driven from the lack of economical culture of the people, the lack of transparency of the system that makes people not wanting to know. And criptocoins are still very very far away from people who should be interested in use them, even as a political tool (for instance, some of my friends hate any kind of relation with money, saying that shouldn't exist).

Maybe I have some time during the weekend to read all the posts here and take some notes about simple answers to hard questions (don't know if anybody is doing this or have done...?) There is one in particular that I believe that can make make commune people approach more or less from criptocurrencies: the euros that received from the getfaircoin are transparent, can we see what amount and know what are they used for?

Only this last week I started to spend more time reading random news about kriptocoins and it's very easy to see the effort, the barriers and the smock that the media in general put to turn people away from a system that is effectively an alternative to state money. Do you recommend any written text or book that address in a positive way the connections between kriptocoins and the creation of a better world, or in a more philosophical way, the fairness of using the tools of the systems to fight it back...

[Sebastien256]

So we are back!

How was the Ouishare?

[nightwishx]

No news of the update.

[idandeal]

have androud widget to fair price?

[SomeRelax]

the dumpers did their job great
i think there are more we should wait for
they finally will be out of FAIR

[jpouza]

another pnd.

good luck

[cryptonikus]

price is doing good, I thought it will be back to 10K sat, I had problems with bittrex last 2 days, mostly when dumping was going on, I was unable to buy, anyone had any problems?

[SomeRelax]

another pnd.

good luck

haha, someone dumped all his coin

[Jack Liver]

i think that now are in the hands of FairCoop  

[amartinz]

It was an ordinary "weak hands shaking". Tomorrow we will see 38-40k sat

[Jack Liver]

[thokon00]

Thank you all for your comments.

I read all the information in faircoin website,  knowing the opinions/doubts from people around me it seems that faircoop must address all possible questions in a very down to earth way. The big economical problems we live in are driven from the lack of economical culture of the people, the lack of transparency of the system that makes people not wanting to know. And criptocoins are still very very far away from people who should be interested in use them, even as a political tool (for instance, some of my friends hate any kind of relation with money, saying that shouldn't exist).

Maybe I have some time during the weekend to read all the posts here and take some notes about simple answers to hard questions (don't know if anybody is doing this or have done...?) There is one in particular that I believe that can make make commune people approach more or less from criptocurrencies: the euros that received from the getfaircoin are transparent, can we see what amount and know what are they used for?

Only this last week I started to spend more time reading random news about kriptocoins and it's very easy to see the effort, the barriers and the smock that the media in general put to turn people away from a system that is effectively an alternative to state money. Do you recommend any written text or book that address in a positive way the connections between kriptocoins and the creation of a better world, or in a more philosophical way, the fairness of using the tools of the systems to fight it back...

Please forgive me this very short answer, but if you want to know more about FairCoin/FairCoop and about how we're going to change the world please read here:

https://fair.coop/
http://coopshares.net/

And see here for our further plans to make FairCoin fairer. The white paper for FairCoin V2.0: https://fair.to/fc2

regs
Thomas