They are answer quickly


Ops, just a typo. Thanks for pointing that out! We will fix asap.

We also use CryptoTradeEx as nickname of CryptoTrade.Exchange, as explained above in our OP.

Regards.

interesting .... this coin will be exchanged for stock exchanges? or we dig her collection?)))

It's too difficult to get miners, given the facts that:
- There was premine which is distributed to early adopters.
- Block reward is low.
- Price is... well... close to 0. (though Coinmarketcap currently are multiplying to old FAIL supply and this is the result):



Ripple's cap is blown away.

To all who currently decided to mine despite those facts - Thank you. I must say that if ROI is made, it will not be very soon. Currently FAIL is not for miners who wants to get on board early or to expect fast profits. What I can promise you that we are staying and soon we will get on bigger exchanges even If I have to sell my apartment. I have also explained that people (me included) behind FAIL embraced it because of the idea... not because of the profits.

Currently we are working on our "face" (i.e. trying to make us look better). That includes a lot of stuff, but hype is out of the question. I did told to one guy that we are building our foundations, not FAIL's price and to be honest - we will be something like DNotes (though my personal opinion is that FAIL has a lot more chances to grow). You can see how they developed. Adoption is what matters, but first we need to take care about few things.
 
We promised honesty and that is what you'll get.

Cheers,
Spartak

In the next few days we are going to start developing our social side. We look good on Twitter and Facebook (where our indonesian group for example has 104 members), but Reddit and such are disaster. Keep in mind that we are not going to develop as FAILCoin, but as FAILCommunity. After we look better from that side, we will start working on merchants and adoption. Exchanges are not our top priority.

Cheers,
Spartak

EDIT: Type listaddressgroupings and you will see where is the "problem". It's normal.

Hm... I do know who runned BetashareX and I'm quite sure that CryptoTradeEx is runned by the same guy, but from you I understand that BetashareX is disappeared. I am removing this exchange from the OP.

It was just removed by Gliss on our request. Coinmarketcap calculated our cap X our old supply and this is not correct. We will be listed again pretty soon.

EDIT: http://twitter.com/FAILCommunity/status/585786343336325120

Plan is pretty simple and we announced it here and on Twitter few hours ago:

http://twitter.com/FAILCommunity/status/585748581337985024

Unfortunately, many people still are looking at the name of the coin without thinking about the bigger picture here. FAIL has better chances for adoption than 90% of other currencies... probably even more. It could be turned into pretty much anything (except putting our logo on Nascar's car like Doge did.. you can imagine someone drives with 200 mph/h with FAIL logo on his car. ). We also have idea pretty clever idea about rebranding (i.e. not use FAIL in the logo), but the name will stay the same.

That is why I said we are going to build our grounds first. Why should we talk with bigger exchanges now? So they can list us when we still don't have anything to offer? It will be fast FAIL's FAILURE.

Anyway... it will be long journey and we are not in hurry to be on top of the market cap as many others are trying.

I have 12 failcoins so far. Going to hold onto them for a while

Premine was used for swap, which lasted exactly 2 weeks. Old FAIL was with about 78B supply and was denominated at the rate 1 old FAIL for 0.00025 new. We decided to keep FAIL instead launching it as a entirely new coin.

Nobody is lying here, because you can find details about the process.

Cheers,
Spartak