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

[thokon00]

Hi,
I had lost several coins with the migration to the new blockchain.
I have sent my signed address to support@fair-coin.org two days ago but I am still waiting for a response, is there anyone who can help me?
Thanks

Coins sent 

[DarkShine.]

Hi,
I had lost several coins with the migration to the new blockchain.
I have sent my signed address to support@fair-coin.org two days ago but I am still waiting for a response, is there anyone who can help me?
Thanks

Coins sent 

Thank you, really! 

[ShopemNL]

How are the plans for the faircoin camp comming along?

[smartaction]

How are the plans for the faircoin camp comming along?

The Faircoop summer camp will begin next week, with interesting developments along..
otherwise related Greece, there are important updates coming for tomorrow, stay tuned 

[smartaction]

How are the plans for the faircoin camp comming along?

The Faircoop summer camp will begin next week, with interesting developments along..
otherwise related Greece, there are important updates coming for tomorrow, stay tuned 

Today has been installed a first two way Bitcoin ATM in Athens, as a part of a collaboration
between Bitchain, Chipchap and FairCoop. This is the first of a network of ATM in Greece that is going to be build. Adding faircoin
is only pending of technical developments with the ATM api.

This collaboration could be expanded to other companys and cooperatives with the aim of providing acces to bitcoin, faircoin
and other alternative and local currencies for greek citizens.

Follow currently the presentation of the First ATM in the startups center thecube.gr in Athens
https://twitter.com/BitchainATM
https://twitter.com/chipchapapp

[Anduril_FotW]

How are the plans for the faircoin camp comming along?

The Faircoop summer camp will begin next week, with interesting developments along..
otherwise related Greece, there are important updates coming for tomorrow, stay tuned 

Today has been installed a first two way Bitcoin ATM in Athens, as a part of a collaboration
between Bitchain, Chipchap and FairCoop. This is the first of a network of ATM in Greece that is going to be build. Adding faircoin
is only pending of technical developments with the ATM api.

This collaboration could be expanded to other companys and cooperatives with the aim of providing acces to bitcoin, faircoin
and other alternative and local currencies for greek citizens.

Follow currently the presentation of the First ATM in the startups center thecube.gr in Athens
https://twitter.com/BitchainATM
https://twitter.com/chipchapapp

Great news !!! 

Things are really happening for FAIR right now.
It's amazing that the price on Bittrex is still so low, but I'm sure it will not be for long.
It looks like all the trader money is currently going to LTC and BTC pumps, so everybody is missing the real life accomplishments and implementations that are happening in the FAIR space.
The problems that all crypto's have is mainstream adoption and FAIR is actually focussing mainly on that topic and achieving one success after the other !
Well done Enric and all the others and keep up the good work !!! 

[smartaction]

How are the plans for the faircoin camp comming along?

The Faircoop summer camp will begin next week, with interesting developments along..
otherwise related Greece, there are important updates coming for tomorrow, stay tuned 

Today has been installed a first two way Bitcoin ATM in Athens, as a part of a collaboration
between Bitchain, Chipchap and FairCoop. This is the first of a network of ATM in Greece that is going to be build. Adding faircoin
is only pending of technical developments with the ATM api.

This collaboration could be expanded to other companys and cooperatives with the aim of providing acces to bitcoin, faircoin
and other alternative and local currencies for greek citizens.

Follow currently the presentation of the First ATM in the startups center thecube.gr in Athens
https://twitter.com/BitchainATM
https://twitter.com/chipchapapp

Great news !!! 

Things are really happening for FAIR right now.
It's amazing that the price on Bittrex is still so low, but I'm sure it will not be for long.
It looks like all the trader money is currently going to LTC and BTC pumps, so everybody is missing the real life accomplishments and implementations that are happening in the FAIR space.
The problems that all crypto's have is mainstream adoption and FAIR is actually focussing mainly on that topic and achieving one success after the other !
Well done Enric and all the others and keep up the good work !!! 

Here people from Bitchain and  tthecube are doing an Ama (questions and answers)
https://www.reddit.com/r/Bitcoin/comments/3cwj0y/we_are_bitchain_spanish_bitcoin_startup_we_just/

[Indal0]

testing fairtoearth android app I see that If I want exchange fairs I must pay more than double compared with getfaircoin ratio. is this normal ? will be fixed in anyway, soon? becouse looks like the fairtoearth is only taking the price from bittrex+fee and as far as I know the correct price for faircoop is getfaircoin price. right ?

I was trying to use fairtoearth to take 20 euros ( 400 fairs in getfaircoin) ( I am agree in pay 550, or 600, or a normal fee ): the app ask me for 1081 faircoins (54.2 euros in getfaircoin) so I cant spend that amount of fairs....  if this is a special way to secure the fairtoearth fund.. what can faircoop do to fix this ?

thx for all your answers and time. cheers

[Anduril_FotW]

testing fairtoearth android app I see that If I want exchange fairs I must pay more than double compared with getfaircoin ratio. is this normal ? will be fixed in anyway, soon? becouse looks like the fairtoearth is only taking the price from bittrex+fee and as far as I know the correct price for faircoop is getfaircoin price. right ?

I was trying to use fairtoearth to take 20 euros ( 400 fairs in getfaircoin) ( I am agree in pay 550, or 600, or a normal fee ): the app ask me for 1081 faircoins (54.2 euros in getfaircoin) so I cant spend that amount of fairs....  if this is a special way to secure the fairtoearth fund.. what can faircoop do to fix this ?

thx for all your answers and time. cheers

I think you are totally right.

@Faircoop team:
The current FAIR price in GetFairCoin has really become unsustainable in my opinion.
The way it is going now, no new money is coming in through GetFairCoin, because the price is really, really hign compared to the Bittrex price.
This prevents new money coming in to GetFairCoin, which prevents the FairCoop team from buying new FAIR from Bittrex, which prevents the price on Bittrex to rise again.
So we are really in a stallmate now and this is starting to threaten to trust in the whole FAIR economy.
So the price in GetFairCoin really needs to be lowered again to the current Bittrex level. Then we can begin to grow again.

I understand the vision of being attached to the Euro instead of Bitcoin, but maybe it's a little bit too early to let go of that link completely.
Also, linking to the euro would of course only really work if you could also sell you FAIR for euro's at all times against the same rate.
If you can only buy for euro's and not sell, then a link will not work.

So please adjust GetFairCoin price for all the people who are not on Bittrex and we are good to go again ! 

Does everybody agree with this ?

[doremi]

testing fairtoearth android app I see that If I want exchange fairs I must pay more than double compared with getfaircoin ratio. is this normal ? will be fixed in anyway, soon? becouse looks like the fairtoearth is only taking the price from bittrex+fee and as far as I know the correct price for faircoop is getfaircoin price. right ?

I was trying to use fairtoearth to take 20 euros ( 400 fairs in getfaircoin) ( I am agree in pay 550, or 600, or a normal fee ): the app ask me for 1081 faircoins (54.2 euros in getfaircoin) so I cant spend that amount of fairs....  if this is a special way to secure the fairtoearth fund.. what can faircoop do to fix this ?

thx for all your answers and time. cheers

I think you are totally right.

@Faircoop team:
The current FAIR price in GetFairCoin has really become unsustainable in my opinion.
The way it is going now, no new money is coming in through GetFairCoin, because the price is really, really hign compared to the Bittrex price.
This prevents new money coming in to GetFairCoin, which prevents the FairCoop team from buying new FAIR from Bittrex, which prevents the price on Bittrex to rise again.
So we are really in a stallmate now and this is starting to threaten to trust in the whole FAIR economy.
So the price in GetFairCoin really needs to be lowered again to the current Bittrex level. Then we can begin to grow again.

I understand the vision of being attached to the Euro instead of Bitcoin, but maybe it's a little bit too early to let go of that link completely.
Also, linking to the euro would of course only really work if you could also sell you FAIR for euro's at all times against the same rate.
If you can only buy for euro's and not sell, then a link will not work.

So please adjust GetFairCoin price for all the people who are not on Bittrex and we are good to go again !  

Does everybody agree with this ?

well if someone feel the price on GetFairCoin is so high and unacceptable..the solution is really simple..just use the Euro that you want to invest in Faircoin to buy Bitcoin,and then use the Bitcoin and buy Faircoin in Bittrex...there is no need to change the rate on GetFairCoin and it should be set as a standard price to avoid the speculators that try to get benifit with buying cheap Faircoin and than dumping it on Bittrex.

[Indal0]

testing fairtoearth android app I see that If I want exchange fairs I must pay more than double compared with getfaircoin ratio. is this normal ? will be fixed in anyway, soon? becouse looks like the fairtoearth is only taking the price from bittrex+fee and as far as I know the correct price for faircoop is getfaircoin price. right ?

I was trying to use fairtoearth to take 20 euros ( 400 fairs in getfaircoin) ( I am agree in pay 550, or 600, or a normal fee ): the app ask me for 1081 faircoins (54.2 euros in getfaircoin) so I cant spend that amount of fairs....  if this is a special way to secure the fairtoearth fund.. what can faircoop do to fix this ?

thx for all your answers and time. cheers

I think you are totally right.

@Faircoop team:
The current FAIR price in GetFairCoin has really become unsustainable in my opinion.
The way it is going now, no new money is coming in through GetFairCoin, because the price is really, really hign compared to the Bittrex price.
This prevents new money coming in to GetFairCoin, which prevents the FairCoop team from buying new FAIR from Bittrex, which prevents the price on Bittrex to rise again.
So we are really in a stallmate now and this is starting to threaten to trust in the whole FAIR economy.
So the price in GetFairCoin really needs to be lowered again to the current Bittrex level. Then we can begin to grow again.

I understand the vision of being attached to the Euro instead of Bitcoin, but maybe it's a little bit too early to let go of that link completely.
Also, linking to the euro would of course only really work if you could also sell you FAIR for euro's at all times against the same rate.
If you can only buy for euro's and not sell, then a link will not work.

So please adjust GetFairCoin price for all the people who are not on Bittrex and we are good to go again ! 

Does everybody agree with this ?

I know Faircoop team is working to fix this, for me is not a problem of trust becouse I continue trusting 100% but maybe yes, we need other way to do it until the liquidity fund is ready to start working.

time ago was said that bittrex FAIR vol. was not to big to care about the price there but I see a problem if the faircoop net are working with the bittrex exchange ratio:

buy 20 euro in getgaircoin = 400 FAIR
echange 20 euro in fairtoearth = 1081 FAIR
pay 20 euro for bills in bitbill = 1358 FAIR

[Indal0]

testing fairtoearth android app I see that If I want exchange fairs I must pay more than double compared with getfaircoin ratio. is this normal ? will be fixed in anyway, soon? becouse looks like the fairtoearth is only taking the price from bittrex+fee and as far as I know the correct price for faircoop is getfaircoin price. right ?

I was trying to use fairtoearth to take 20 euros ( 400 fairs in getfaircoin) ( I am agree in pay 550, or 600, or a normal fee ): the app ask me for 1081 faircoins (54.2 euros in getfaircoin) so I cant spend that amount of fairs....  if this is a special way to secure the fairtoearth fund.. what can faircoop do to fix this ?

thx for all your answers and time. cheers

I think you are totally right.

@Faircoop team:
The current FAIR price in GetFairCoin has really become unsustainable in my opinion.
The way it is going now, no new money is coming in through GetFairCoin, because the price is really, really hign compared to the Bittrex price.
This prevents new money coming in to GetFairCoin, which prevents the FairCoop team from buying new FAIR from Bittrex, which prevents the price on Bittrex to rise again.
So we are really in a stallmate now and this is starting to threaten to trust in the whole FAIR economy.
So the price in GetFairCoin really needs to be lowered again to the current Bittrex level. Then we can begin to grow again.

I understand the vision of being attached to the Euro instead of Bitcoin, but maybe it's a little bit too early to let go of that link completely.
Also, linking to the euro would of course only really work if you could also sell you FAIR for euro's at all times against the same rate.
If you can only buy for euro's and not sell, then a link will not work.

So please adjust GetFairCoin price for all the people who are not on Bittrex and we are good to go again !  

Does everybody agree with this ?

well if someone feel the price on GetFairCoin is so high and unacceptable..the solution is really simple..just use the Euro that you want to invest in Faircoin to buy Bitcoin,and then use the Bitcoin and buy Faircoin in Bittrex...there is no need to change the rate on GetFairCoin and it should be set as a standard price to avoid the speculators that try to get benifit with buying cheap Faircoin and than dumping it on Bittrex.

The question is not to use other ways or more cryptos ( and fees ) in the way to use Faircoin and try to make a closed circle,  you say to buy bitcoin ( and pay fee for that ) and then send to bittrex and pay other fee for buy faircoins. and of course pay other fee for withdraw the coins.. well 3 steps and 3 fees is not really simple for many people... meanwhile you can use getfaircoin directly with just 1 fee for the faircoop network, but not posible at this prices, I know this soon will be history but speak and share ideas is good!

[doremi]

testing fairtoearth android app I see that If I want exchange fairs I must pay more than double compared with getfaircoin ratio. is this normal ? will be fixed in anyway, soon? becouse looks like the fairtoearth is only taking the price from bittrex+fee and as far as I know the correct price for faircoop is getfaircoin price. right ?

I was trying to use fairtoearth to take 20 euros ( 400 fairs in getfaircoin) ( I am agree in pay 550, or 600, or a normal fee ): the app ask me for 1081 faircoins (54.2 euros in getfaircoin) so I cant spend that amount of fairs....  if this is a special way to secure the fairtoearth fund.. what can faircoop do to fix this ?

thx for all your answers and time. cheers

I think you are totally right.

@Faircoop team:
The current FAIR price in GetFairCoin has really become unsustainable in my opinion.
The way it is going now, no new money is coming in through GetFairCoin, because the price is really, really hign compared to the Bittrex price.
This prevents new money coming in to GetFairCoin, which prevents the FairCoop team from buying new FAIR from Bittrex, which prevents the price on Bittrex to rise again.
So we are really in a stallmate now and this is starting to threaten to trust in the whole FAIR economy.
So the price in GetFairCoin really needs to be lowered again to the current Bittrex level. Then we can begin to grow again.

I understand the vision of being attached to the Euro instead of Bitcoin, but maybe it's a little bit too early to let go of that link completely.
Also, linking to the euro would of course only really work if you could also sell you FAIR for euro's at all times against the same rate.
If you can only buy for euro's and not sell, then a link will not work.

So please adjust GetFairCoin price for all the people who are not on Bittrex and we are good to go again !  

Does everybody agree with this ?

well if someone feel the price on GetFairCoin is so high and unacceptable..the solution is really simple..just use the Euro that you want to invest in Faircoin to buy Bitcoin,and then use the Bitcoin and buy Faircoin in Bittrex...there is no need to change the rate on GetFairCoin and it should be set as a standard price to avoid the speculators that try to get benifit with buying cheap Faircoin and than dumping it on Bittrex.

 well 3 steps and 3 fees is not really simple for many people... meanwhile you can use getfaircoin directly with just 1 fee for the faircoop network

this is why the price in GetFairCoin should be higher..just look back the pass few months when the price in GetFairCoin was lower than Bittrex(most of the time)..and now the consequence is....we need to take more time for market to restore it's balance between Bitcoin and Euro

[bhokor]

Why not create one of the coop funds dedicated only to give stabilization of the coin and to punish speculators?

[Anduril_FotW]

testing fairtoearth android app I see that If I want exchange fairs I must pay more than double compared with getfaircoin ratio. is this normal ? will be fixed in anyway, soon? becouse looks like the fairtoearth is only taking the price from bittrex+fee and as far as I know the correct price for faircoop is getfaircoin price. right ?

I was trying to use fairtoearth to take 20 euros ( 400 fairs in getfaircoin) ( I am agree in pay 550, or 600, or a normal fee ): the app ask me for 1081 faircoins (54.2 euros in getfaircoin) so I cant spend that amount of fairs....  if this is a special way to secure the fairtoearth fund.. what can faircoop do to fix this ?

thx for all your answers and time. cheers

I think you are totally right.

@Faircoop team:
The current FAIR price in GetFairCoin has really become unsustainable in my opinion.
The way it is going now, no new money is coming in through GetFairCoin, because the price is really, really hign compared to the Bittrex price.
This prevents new money coming in to GetFairCoin, which prevents the FairCoop team from buying new FAIR from Bittrex, which prevents the price on Bittrex to rise again.
So we are really in a stallmate now and this is starting to threaten to trust in the whole FAIR economy.
So the price in GetFairCoin really needs to be lowered again to the current Bittrex level. Then we can begin to grow again.

I understand the vision of being attached to the Euro instead of Bitcoin, but maybe it's a little bit too early to let go of that link completely.
Also, linking to the euro would of course only really work if you could also sell you FAIR for euro's at all times against the same rate.
If you can only buy for euro's and not sell, then a link will not work.

So please adjust GetFairCoin price for all the people who are not on Bittrex and we are good to go again !  

Does everybody agree with this ?

well if someone feel the price on GetFairCoin is so high and unacceptable..the solution is really simple..just use the Euro that you want to invest in Faircoin to buy Bitcoin,and then use the Bitcoin and buy Faircoin in Bittrex...there is no need to change the rate on GetFairCoin and it should be set as a standard price to avoid the speculators that try to get benifit with buying cheap Faircoin and than dumping it on Bittrex.

I understand what you mean of course and I've already used BTC to buy more FAIR from Bittrex.
Unfortunately I'm just one guy with limited funds and the price on Bittrex has gone down regardless of my buying.
Also, GetFairCoin was created to make FAIR accessible to people for whom buying BTC first and then trading on Bittrex would be too much of a hassle. The only thing needed would be to download the FAIR wallet and get FAIR at GetFairCoin with easy and trustworthy payment method's.

Example:
Someone who has not been interested in crypto up until now reads an interview with Enric Duran and hears about Faircoop and the ideas behind creating a new FAIR economy based on cooperation.
He gets enthousiastic and downloads a wallet and buys 2000 FAIR for 100 euro with Paypal through GetFairCoin.
Then after a week, he decides to use Bitbill to pay his electrical bill of 50 euro with FAIR, to contribute to the usage of FAIR.
He then suddenly realises that his electrical bill will cost him about 2020 FAIR, because the price on Bittrex is about half of what he paid for his FAIR.
That does not sound FAIR to me.

I do agree however that speculation must be avoided/ discouraged as much as possible, but I don't know if that's really possible with FAIR being on Bittrex. The bottom line should be that GetFairCoin should never make any losses by buying and selling FAIR.
Therefore, I think that GetFairCoin should stop buying sell orders from Bittrex, like they did with the first rise.
Instead, they should start putting in buy orders to Bittrex.
That way they create actual buy support in Bittrex, without raising the price the whole time which can only create speculation frenzies.
So we just need solid buy walls a little bit below the last traded price at Bittrex.
The GetFairCoin price can then be a little bit above that to motivate the price to rise again.
I would say a current 30 FAIR/ euro price in GetFairCoin would be sufficient.

Please everybody come with better ideas if you have them ! 

[gadado]

As long as the GetFairCoin price runs behind the Bittrex price it amplfies any swing be it up or down.
To counter it the GetFairCoin price has to be ahead of Bittrex.

-> If the bittrex price is raising the getFairCoin Price has to be a bit heigher. -> damping the overbuy
-> if the bittrex price is falling the getFairCoin Price has to be a bit lower.  -> attracting mroe buyers

That's the way to stabilize a system.
The intention to make a stable FairCoin price to a more stable GetFairCoin price compared to Bittrex is what amplifies the price  instability.

my 2 cents

[doremi]

testing fairtoearth android app I see that If I want exchange fairs I must pay more than double compared with getfaircoin ratio. is this normal ? will be fixed in anyway, soon? becouse looks like the fairtoearth is only taking the price from bittrex+fee and as far as I know the correct price for faircoop is getfaircoin price. right ?

I was trying to use fairtoearth to take 20 euros ( 400 fairs in getfaircoin) ( I am agree in pay 550, or 600, or a normal fee ): the app ask me for 1081 faircoins (54.2 euros in getfaircoin) so I cant spend that amount of fairs....  if this is a special way to secure the fairtoearth fund.. what can faircoop do to fix this ?

thx for all your answers and time. cheers

I think you are totally right.

@Faircoop team:
The current FAIR price in GetFairCoin has really become unsustainable in my opinion.
The way it is going now, no new money is coming in through GetFairCoin, because the price is really, really hign compared to the Bittrex price.
This prevents new money coming in to GetFairCoin, which prevents the FairCoop team from buying new FAIR from Bittrex, which prevents the price on Bittrex to rise again.
So we are really in a stallmate now and this is starting to threaten to trust in the whole FAIR economy.
So the price in GetFairCoin really needs to be lowered again to the current Bittrex level. Then we can begin to grow again.

I understand the vision of being attached to the Euro instead of Bitcoin, but maybe it's a little bit too early to let go of that link completely.
Also, linking to the euro would of course only really work if you could also sell you FAIR for euro's at all times against the same rate.
If you can only buy for euro's and not sell, then a link will not work.

So please adjust GetFairCoin price for all the people who are not on Bittrex and we are good to go again !  

Does everybody agree with this ?

well if someone feel the price on GetFairCoin is so high and unacceptable..the solution is really simple..just use the Euro that you want to invest in Faircoin to buy Bitcoin,and then use the Bitcoin and buy Faircoin in Bittrex...there is no need to change the rate on GetFairCoin and it should be set as a standard price to avoid the speculators that try to get benifit with buying cheap Faircoin and than dumping it on Bittrex.

Example:
Someone who has not been interested in crypto up until now reads an interview with Enric Duran and hears about Faircoop and the ideas behind creating a new FAIR economy based on cooperation.
He gets enthousiastic and downloads a wallet and buys 2000 FAIR for 100 euro with Paypal through GetFairCoin.
Then after a week, he decides to use Bitbill to pay his electrical bill of 50 euro with FAIR, to contribute to the usage of FAIR.
He then suddenly realises that his electrical bill will cost him about 2020 FAIR, because the price on Bittrex is about half of what he paid for his FAIR.
That does not sound FAIR to me.

the answer is simple here.....don`t use Bitbill to pay the electrical bill then

right now i feel that Bitbill is really ridiculous that overcharge the users with such the highest rate and by that means it just want to get huge INSTANT profits with dumping it in Bittrex!

[smartaction]

Why not create one of the coop funds dedicated only to give stabilization of the coin and to punish speculators?

This is what we are trying to do with http://www.coopshares.net
Any support to help to build that project is welcome... and getting the liquidity need is very welcome

[Anduril_FotW]

Why not create one of the coop funds dedicated only to give stabilization of the coin and to punish speculators?

This is what we are trying to do with http://www.coopshares.net
Any support to help to build that project is welcome... and getting the liquidity need is very welcome

Ok, cool, I will definately join this investment.

I do have to say I was a bit confused by all the options and links on the http://www.coopshares.net page and was not really sure what the investments option were and which ones were the donation optins and also which option does what.

But on the page https://coopshares.net/2015/05/20/participate/ I found the FIF (Faircoin Investment Fund) and that's the one I want to join for now.
I clicked on the "through this form" link on this page under the FIF section and signed up to invest 10.000 FAIR.

I will send them right now ! 

[smartaction]

Why not create one of the coop funds dedicated only to give stabilization of the coin and to punish speculators?

This is what we are trying to do with http://www.coopshares.net
Any support to help to build that project is welcome... and getting the liquidity need is very welcome

Ok, cool, I will definately join this investment.

I do have to say I was a bit confused by all the options and links on the http://www.coopshares.net page and was not really sure what the investments option were and which ones were the donation optins and also which option does what.

But on the page https://coopshares.net/2015/05/20/participate/ I found the FIF (Faircoin Investment Fund) and that's the one I want to join for now.
I clicked on the "through this form" link on this page under the FIF section and signed up to invest 10.000 FAIR.

I will send them right now ! 

Great, good move