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

[TequilaV]

I just want my faircoin back and I don't know what about "v1,v2 bla bla bla....."
Once it said the faircoin was in v1 and Ryan just controlled V2 bla bla. Now, why on earth don't the V1 send us coins?
Does there any relations between V1 and Ryan?
I dont think faircoin are useful for him,too.

[1713302687]

1713302687

[wosch76]

Seems that plan A its very difficult at the moment (ryan facilitating the things...) but plan B, seems very pausible
and we will discuss on monday.

Just wait til monday or tuesday for updates.
Everything will be fine

[smartaction]

The faircoins are useless for ryan, he cant sell them or anything. there arent so many buy orders.

Yeah i agree, for now they are useless, and also they are not ...

He has over 51% of the coins .. that is really bad news.

No he hasn't!

Most of the faircoins in mintpal are in hands of the mintpal owner, not ryan   

Perhaps he have around 1 milion of faircoin at most, but not more, this is one of the things that we was trying to know
with the faircoin form.

[ninjaskip]

The faircoins are useless for ryan, he cant sell them or anything. there arent so many buy orders.

Yeah i agree, for now they are useless, and also they are not ...

He has over 51% of the coins .. that is really bad news.

No he hasn't!

Most of the faircoins in mintpal are in hands of the mintpal owner, not ryan   

Perhaps he have around 1 milion of faircoin at most, but not more, this is one of the things that we was trying to know
with the faircoin form.

This are good news then.

But if they are in hands of Mintpal owner why he can't release them?

[smartaction]

The faircoins are useless for ryan, he cant sell them or anything. there arent so many buy orders.

Yeah i agree, for now they are useless, and also they are not ...

He has over 51% of the coins .. that is really bad news.

No he hasn't!

Most of the faircoins in mintpal are in hands of the mintpal owner, not ryan  

Perhaps he have around 1 milion of faircoin at most, but not more, this is one of the things that we was trying to know
with the faircoin form.

This are good news then.

But if they are in hands of Mintpal owner why he can't release them?

We have  balances around 15.200.000 Faircoin
and mintpal v1 have around 14.200.000 Faircoin they can not do the withdrawal by theirselves, because the last users in withdraw will not have faircoin

Plan B is an agreement  between Mintpal and faircoin dev team, about how to do the withdrawal, in the benefit of the whole faircoin community, and how to do this things if around 7% of the mintpal faircoin are in mintpal v2

Is not so easy but will be managed next week, be sure...

[drakandar]

If you haven't done already, read up on the pastebin post. Even though things may look dark now, according what I read there FairCoin actually might have gotten lucky due to the suspended and recovered servers:

This was worrying because the old servers still held roughly 1,000 BTC worth of altcoins that failed to migrate to Ryan’s “V2” of Mintpal and the servers were about to be re-purposed, meaning the private keys of all those altcoins would be erased with no way to recover them.
 
I had to make a quick decision, so I paid off the unpaid bills of the server retrospectively and brought the servers back online, removing Ryan’s access. I reached out to Ryan requesting him to hand over the control of Mintpal so we can take it from here and set up a withdrawal process for the recovered coins. Note that Michael and I were the ones who paid the entire cost of Mintpal acquisition and ever since finding out the true identity of Alex just a few days ago, Michael agreed to transfer all his shares to me making me the majority shareholder. Mintpal was a lost cause for us at this point with an unknown amount of bitcoins lost. We had also discussed a motion to disassociate ourselves from Alex and his scam during a skype conversation that followed shortly after learning Alex's real identity but no paperwork was completed to that effect. Following the recovery of the altcoins that failed to migrate to V2, I figured that at the very least, we can try to ensure that customers are refunded those coins, and perhaps even try and see if there is any way to salvage MintPal from this mess with external cash injection to cover the missing funds.

How Faircoin might have gotten lucky with this?
We are missing like 25million coins...
Lucky will be the one that stole them.

If I understand it correctly, and as Enric partly pointed out:
- The FairCoins in MintPal v1 never transferred to the hoax that we now call MintPal v2.
- The server containing those wallets suspended and mr Ryan could not reactive them with his flaky creditcards. The whole thing got blocked.
- The guys from MintPal v1 revived the server on time before it got wiped and secured the altcoins. Supposedly they are in safe(r) hands now.

Maybe I'm being enthousiastic here, but I call that lucky in comparison to the whole BTC story...

and mintpal v1 have around 14.200.000 Faircoin they can not do the withdrawal by theirselves, because the last users in withdraw will not have faircoin

So that's about 28% of the total FairCoin volume accounted for from MintPal v1 which will hopefully return to the rightful owners.
While typing this I still shake my head in denial; I just still can't believe/understand why people put so many coins in a exchange...

[okaynow]

Faircoin was added to alcurex.org and trading on it will open shortly.

AlcurEX OY is a registered cryptocurrency exchange based in Finland.

They provide trading against USD, as well as USD deposit/withdrawal
and leverage trading aswell, one of the few exchanges to provide such a tool for crypto daytraders.

https://alcurex.org/index.php/crypto/index

[thokon00]

Faircoin was added to alcurex.org and trading on it will open shortly.

AlcurEX OY is a registered cryptocurrency exchange based in Finland.

They provide trading against USD, as well as USD deposit/withdrawal
and leverage trading aswell, one of the few exchanges to provide such a tool for crypto daytraders.

https://alcurex.org/index.php/crypto/index

Thanks a lot guys!

But please change the currency symbol from FAC to FAIR. FAC does no longer exist!

regs
Thomas

[halibit]

Faircoin was added to alcurex.org and trading on it will open shortly.

AlcurEX OY is a registered cryptocurrency exchange based in Finland.

They provide trading against USD, as well as USD deposit/withdrawal
and leverage trading aswell, one of the few exchanges to provide such a tool for crypto daytraders.

https://alcurex.org/index.php/crypto/index

Thanks a lot guys!

But please change the currency symbol from FAC to FAIR. FAC does no longer exist!

regs
Thomas

Changed.

FAIR coin have also BET trading available on alcurEX.

https://alcurex.org/index.php/crypto/FAIR_BTC



All feedback on the exchange is very appreciated.

Happy trading!


ALCUREX OY is an online cryptocurrency exchange registered in Finland.
Business ID: 2612007-8 FINLAND

[thokon00]

Faircoin was added to alcurex.org and trading on it will open shortly.

AlcurEX OY is a registered cryptocurrency exchange based in Finland.

They provide trading against USD, as well as USD deposit/withdrawal
and leverage trading aswell, one of the few exchanges to provide such a tool for crypto daytraders.

https://alcurex.org/index.php/crypto/index

Thanks a lot guys!

But please change the currency symbol from FAC to FAIR. FAC does no longer exist!

regs
Thomas

Changed.

FAIR coin have also BET trading available on alcurEX.

https://alcurex.org/index.php/crypto/FAIR_BTC



All feedback on the exchange is very appreciated.

Happy trading!


ALCUREX OY is an online cryptocurrency exchange registered in Finland.
Business ID: 2612007-8 FINLAND

Thanks!

I just added ALCUREX to our web site: http://fair-coin.org/#exchanges

regs
Thomas

[asdlolciterquit]

Seems that plan A its very difficult at the moment (ryan facilitating the things...) but plan B, seems very pausible
and we will discuss on monday.

Just wait til monday or tuesday for updates.
Everything will be fine

i'm crossing all of my fingers

[ninjaskip]

Seems that plan A its very difficult at the moment (ryan facilitating the things...) but plan B, seems very pausible
and we will discuss on monday.

Just wait til monday or tuesday for updates.
Everything will be fine

i'm crossing all of my fingers

I am touching wood 

[asdlolciterquit]

Seems that plan A its very difficult at the moment (ryan facilitating the things...) but plan B, seems very pausible
and we will discuss on monday.

Just wait til monday or tuesday for updates.
Everything will be fine

i'm crossing all of my fingers

I am touching wood 

not iron? 

[bitdraw]

any news on the mintpal V1 coins?

[TequilaV]

  Any news about that?

[TequilaV]

 ???Nothing new?Well so I have a bad feeling.

[ninjaskip]

???Nothing new?Well so I have a bad feeling.

Let's wait until tomorrow and see ...

[RENDERING]

What happened to Minty anyways? Link anyone?

[TequilaV]

???Nothing new?Well so I have a bad feeling.

Let's wait until tomorrow and see ...

 :'(But the dev doesn't appear

[smartaction]

???Nothing new?Well so I have a bad feeling.

Let's wait until tomorrow and see ...

 :'(But the dev doesn't appear

I was missing internet connection yesterday, but there are good news.  

I am yet managing with the mintpal team how this news are going to be explained, but i think that i will be able to bring an update later today.