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

[SomeRelax]

is FairCoin presents at Barcelona Bitcoin Meetup?
i realized you guys are from Spain
it would be great if you could be there

[Sebastien256]

What is the timeline faircoop estimate for the 10M euros marketcap target?
Once there, what are you planning concerning the marketcap goal?

[acec]

is FairCoin presents at Barcelona Bitcoin Meetup?
i realized you guys are from Spain
it would be great if you could be there

No way... The Big Brother is watching

[SomeRelax]

is FairCoin presents at Barcelona Bitcoin Meetup?
i realized you guys are from Spain
it would be great if you could be there

No way... The Big Brother is watching

i don't follow
who is big brother and why no way?

[smartaction]

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

I only add referent the question about getfaircoin, that all the euros received goes to buy faircoin again (bittrex, fairtoearth, bitbill, ....)  1% of the faircoin sent goes to the pooled fund, and you can follow up there:  https://fair.coop/groups/faircoop-community/economic-management/forum/topic/following-the-getfaircoin-fee/?view=all   Where there are already more than 30000 Faircoin, which mean more than 3M faircoin sold.

[smartaction]

So we are back!

How was the Ouishare?

A lot of contacts done by the faircoop comrades that was there.  It was technical wifi problems and i didn have the opportunity to make the talk.
Also there are not clear, information about the awards. But seems that they suspended the category of collaborating finance, but did a mention of faircoop
in the prizes.

[smartaction]

is FairCoin presents at Barcelona Bitcoin Meetup?
i realized you guys are from Spain
it would be great if you could be there

There was some times people related faircoin there. But not ever.
Anyway i think that in Barcelona the faircoin community is bigger than the bitcoin community 

[cathat]

Hi, can someone remind me how many faircoin were given during the giveaway at the lauch?

Thank you.

[smartaction]

What is the timeline faircoop estimate for the 10M euros marketcap target?
Once there, what are you planning concerning the marketcap goal?

This is a question of Coopshares. Coopshares new website was launched on friday  See http://www.coopshares.net

And the goal of Coopshares is to get 1M dollars for investors, to develop:
- Cooperative p2p equity crowdfunding platform
- Liquidity Fund for market stability and users confidence
- Coop investments fund, to invest in projectes that will published in the platform
- Support other FairCoop developements.

and the marketcap target is published here:  http://coopshares.net/2015/05/20/crowdinvestment-campaign/

We dont know when the target will be got, because it depends of:
- people willing to sell before the 10 M marketcap
- the getfaircoin.net buys
- the investments in Coopshares...

But we plan to launch coopshares platform on november and for that we could need begin developements, before summer,  So, the goal is to have some % of the investments before summer, and this could help on the marketcap target

[Vandalay23]

Is the price in getfarcoin going to decrease, given the last market behavior?

[smartaction]

Is the price in getfarcoin going to decrease, given the last market behavior?

You know that faircoin buying power comes from euros, and that wire transfers did on saturday, sunday or monday, arrive at tuesday ?
 

[xRaVeNx]

Is the price in getfarcoin going to decrease, given the last market behavior?

You know that faircoin buying power comes from euros, and that wire transfers did on saturday, sunday or monday, arrive at tuesday ?
 

Hahaha fair enough!

[smartaction]

This was the  getfaircoin updates during the bitcointalk downtime:

-----------------------------------------

Friday night

Price in getfaircoin.net has moved from 1 € = 17 FAIR to 1 € = 15 FAIR

This is a similar proportion than the Faircoin grow in bittrex today,
from 33000 – 34500 satoshis until 36500 -37500 satoshis
taking in acount the movement up 2% from Bitcoin today related euro

Otherwise the buying power both in getfaircoin and bittrex continue strong,
And all this suggest that we need still to move again looking for some point of equilibrium with the sellers…
Lets see if we get soon or far…

------------------------------------------------------------

saturday night


Price in getfaircoin.net has moved from  1€ = 15 FAIR to 1 € = 14 FAIR  more small growth today, and it comes to make closer the price between getfaircoin and bittrex.

Getfaircoins reserves are minimal or insufficent some times to take all the demand, and this make us need to have the price as aligned as possible with the options to get more faircoins in bittrex


----------------------------------------

[FairCoinTeam]

Added in the ANN the important news from May 22, that was lost for the bitcointalk downtime

22/05/2015

Faircoin development Team launch FairCoin 2.0 white paper. Proof of Cooperation (PoC)
https://fair-coin.org/faircoin2
Discuss:  https://fair.coop/groups/faircoop-community/faircoin/faircoin2/forum/

Faircoop Launches Coopshares plan and crowdinvestment campaign  "to develop everything"
https://www.coopshares.net

[Anduril_FotW]

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

I actually think it looked like just one really paranoid big dumper.
He/ she first put alot of their coins on 40K sats, then moved about 74K FAIR to 32K sats and when that didn't go fast enough, he/ she panic selled and took down the whole buy order book down to 19K sats.

Better get rid of panicky holders like that as quickly as possible 

[smartaction]

And probably who is putting 3000 faircoins sell orders still between 29000 and 32500 its only one.

Is normal that after a x4 growth in three weeks, some random users decide to sell,
would be too much easy and compacted community, if we went all the time, with any dumper...

anyway are very few.

[Zombie123]

Thanks to the dumper I snagged 6BTC around 20K SAT. That was my wall which was broken last. But I think this is healthy.

[Anduril_FotW]

And probably who is putting 3000 faircoins sell orders still between 29000 and 32500 its only one.

Is normal that after a x4 growth in three weeks, some random users decide to sell,
would be too much easy and compacted community, if we went all the time, with any dumper...

anyway are very few.

Yep, I also noticed that just now.
But don't forget we also had some people waking up and remembering their FAIR from the initial distribution.
If they are not into FAIR because they believe in it, but just discovered some coins in a forgotten wallet, they will of course sell it at the first reasonable opportunity.

And I can agree to a small correction after each 1000% rise 

[smartaction]

See here how shops are growing in the testing version:  http://market.fair.coop/shops
 

[drakandar]

Hi, can someone remind me how many faircoin were given during the giveaway at the lauch?

Thank you.

To be short; all of them!
See https://fair-coin.org/#specifications for more info or search the forums.