Happy Fair 2017
the break even with getfaircoin isn't so far 5300 satoshi and only 8
BTC/180k FAIR of distance
nah...i don`t think it will happen unless faircoop willing to maintain the price at bittrex market
The only legitimate reason that i can imagine for you to say this, is that you are not aware of all the important developments
that are happening related faircoop and faircoin...
i'm aware of faircoop developements actually but what surprised me is that you guys seems heavily under estimate the crypto currrencies market,what on earth that faircoin itself is a cryptocurrency and then faircoop totally ignore it's value at crypto market?
people trading in bittrex and not buying faircoin at current 40% discount is underestimating our communitity...
well..the "people" here including faircoop...so faircoop also underestimating the value of faircoin like i said on the previous post right?
No. Because Faircoop buys in bittrex each time that have liquidity for this
This days that has come more liquidity because fairpay campaign, we already has been buying again...
open you eyes and see that volume please
I have not said that the liquidity we provide is big. Just said what we do when we have some. Otherwise take in account that 0.2 BTC today is 200 euros. If we do that is a medium is already 6000 eur month
Otherwise, the faircoin volume is bittrex ever will be low related the faircoin use and extension, because only 1m of 53m faircoins are traded there, and because 90% of people using faircoin have not any account there....
lets say if a organisation that have couple thousand of members can`t even maintain a stable price that close to it's sell price(20 faircoin/eud) at a less than 2% market place..thats simply mean that it is really something wrong there,therefore for the most of the ppl it become a situation of no confidence to invest is expected,and by that means the success of faircoop is nearly zero.
I really respect on you for your hard work to bring the ppl to a fair world but the ironic atm is that you cost nearly 70% more(from 0.03eud to 0.05eud) to ppl who buy faircoin with the cash...so..is it fair?
You understood that most of our community dont like to trade on bittrex? They neither like to get the faircoins cheaper, because feel that is not fair...
So, that calculation that perhaps you could do for other cryptocurrencies, not feets faircoin reality.
In many other currencies, the trading volume on exchanges comes 99% of speculation/short term trading. This is close to unexistant in faircoin.
If you want to do another calculation 2.5 M market cap needs 2500 persons with 1000 euros. And most of our people has not capacity to have savings, is people from the grasroots, who wants to use faircoin as a currency for real life.
Otherwise, volume in real economy is still not so big ok. (still close to 200 sellers accepts faircoin)
this is mainly because 2015 and 2016 has been years of developments, and really 2017 will be the first year when the focus on implementation and really use will be more important with faircoin 2, launch, fairpay launch and so on.
Anyway i am not promoting to buy....I was just sharing my optimism about what is going to happen
