pupukaka



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MemberActivity: 70Merit: 10 Re: [ANN] FairCoin (FAC) - NEW DEVELOPMENT TEAM - Innovation - Promoting Equality - May 13, 2014, 09:42:43 AM #264 Quote Quote from: SomeRelax on May 12, 2014, 12:29:24 PM

hey guys,

if the latest coin design that i posted here is OK, then please change the logo in the OP

I like this logo.

Yes, we should change the logo or at least let vote for a new one so that it is obvious that FAC is in progress and is different (and better) with its new dev team. Yes, we should change the logo or at least let vote for a new one so that it is obvious that FAC is in progress and is different (and better) with its new dev team.

andyge



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Sr. MemberActivity: 509Merit: 253 Re: [ANN] FairCoin (FAC) - NEW DEVELOPMENT TEAM - Innovation - Promoting Equality - May 13, 2014, 03:29:02 PM #271 Quote from: junkozane on May 13, 2014, 02:13:59 AM Quote from: Gladimor on May 11, 2014, 04:18:31 PM Financial Analysis on FairCoin's price: Report #1



FairCoin has seen a variety of large ups and downs, as well as substantial periods of time with next to no activity. There were large periods of prosperity as well as depression throughout FairCoin's two previous months of existence. Today, I will be analyzing the value of FairCoin for the past week, and provide a bit of speculation on FairCoin's next target value.







As you can see in the picture above, the primary support level was tested various times throughout the original dev's absence. With the creation of the new dev team, the price rocketed up over 300%, consolidating at 1K satos various times, increasing and testing the primary resistance level twice, before decreasing once this period of short prosperity died down. The recession that followed was inevitable because the increase in value was relatively too fast. The tertiary support level established by day-traders was broken through. The secondary support level is now being thoroughly tested by moderate selling forces.



The main thing that's causing the continuous decrease in current value is the psychological powers at play here. Day-traders sell their holdings of FairCoin, in hope of buying in lower. This was seen in the tertiary and secondary levels established by these very traders, which most likely sold at above 1K satos and left their buy offers in at 900, 800, 700, and now 600 satos. The amount of sellers are decreasing by a lot, and more buy offers are being put up to account for the amount which they sold. There will be a very sudden trend reversal, and the price may likely rocket up again. Once day-traders see the price increasing again, they''ll pull out their lower buy supports and immediately start buying FairCoins in hope of it going up more. This is like a chain reaction, as more and more keep on buying.



I believe that FairCoin will not go below 500 satos. The primary support level was not broken for 3 weeks, and being reinforced by daytraders which sold their FairCoin holdings at over 500 satos, will most likely will not break. See, here is an example. If a person sold their 100K FairCoins at 1K satos, and with the 1 BitCoin return, left an offer for 200K FairCoins at 500 satos, and the person who he sold it to decided to dump his 100K FairCoins at 500 satos (at a loss), there wouldn't be enough FairCoins to cover the other 100K. And so, the remaining demand and the vanished supply will make the price price inevitable. I am applying this theory to FairCoin right now, because once the people that bought their FairCoins at over the current price dump their holdings, and the people that sold their FairCoins at over the current price put in buy supports at the current price (with the same amount of BitCoins), the buying force will have more FairCoins in value than the selling force. And that is why a rise in FairCoin's value will happen quite soon.



More financial analysis to come soon!





Kindest regards,



Adam Trat (Gladimor)



Community Manager, FairCoin

FairCoin has seen a variety of large ups and downs, as well as substantial periods of time with next to no activity. There were large periods of prosperity as well as depression throughout FairCoin's two previous months of existence. Today, I will be analyzing the value of FairCoin for the past week, and provide a bit of speculation on FairCoin's next target value.As you can see in the picture above, the primary support level was tested various times throughout the original dev's absence. With the creation of the new dev team, the price rocketed up over 300%, consolidating at 1K satos various times, increasing and testing the primary resistance level twice, before decreasing once this period of short prosperity died down. The recession that followed was inevitable because the increase in value was relatively too fast. The tertiary support level established by day-traders was broken through. The secondary support level is now being thoroughly tested by moderate selling forces.The main thing that's causing the continuous decrease in current value is the psychological powers at play here. Day-traders sell their holdings of FairCoin, in hope of buying in lower. This was seen in the tertiary and secondary levels established by these very traders, which most likely sold at above 1K satos and left their buy offers in at 900, 800, 700, and now 600 satos. The amount of sellers are decreasing by a lot, and more buy offers are being put up to account for the amount which they sold. There will be a very sudden trend reversal, and the price may likely rocket up again. Once day-traders see the price increasing again, they''ll pull out their lower buy supports and immediately start buying FairCoins in hope of it going up more. This is like a chain reaction, as more and more keep on buying.I believe that FairCoin will not go below 500 satos. The primary support level was not broken for 3 weeks, and being reinforced by daytraders which sold their FairCoin holdings at over 500 satos, will most likely will not break. See, here is an example. If a person sold their 100K FairCoins at 1K satos, and with the 1 BitCoin return, left an offer for 200K FairCoins at 500 satos, and the person who he sold it to decided to dump his 100K FairCoins at 500 satos (at a loss), there wouldn't be enough FairCoins to cover the other 100K. And so, the remaining demand and the vanished supply will make the price price inevitable. I am applying this theory to FairCoin right now, because once the people that bought their FairCoins at over the current price dump their holdings, and the people that sold their FairCoins at over the current price put in buy supports at the current price (with the same amount of BitCoins), the buying force will have more FairCoins in value than the selling force. And that is why a rise in FairCoin's value will happen quite soon.More financial analysis to come soon!Kindest regards,Community Manager,

I enjoyed this more than itgeniousguru's theory, somehow make me calm , keep it coming gladimor

I enjoyed this more than itgeniousguru's theory, somehow make me calm, keep it coming gladimor

Hope to have more analysis,I am agree with you.FairCoin will go up.I like it.

FAC_Team



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NewbieActivity: 3Merit: 0 [ANN] FairCoin (FAC) | New site, New forum, and new Fairfuning project May 13, 2014, 07:21:25 PM #275



We have some good news for today:



1. We are proud to present the new faircoin website:



2. In order to grow towards a community empowered Crypto Currency we are presenting the FairCoin Forum.

Everyone is invited to sign up and contribute.

We are promoting the following topics:



- General

-- Anouncements

 General discusion

-- News & Media

-- Fiction & Fantasy

-- Community & New Members



- Growth

-- Economics & Financial Analysis

-- Merchants & Adoption

-- FairProjects

-- FairFunding - Initiatives driven by donations



- Technical

-- Core Development

-- Software Support

-- Forum Support

- Other



3. FairFunding

As a development team we believe in the power of a democratic community, for this we want to manage the donation topic throug direct participation.

All projects will have a place on our Forum. Projects that need funding will have a dedicated FairCoin wallet address for donations.

The Development Team does not need any funding at the moment. All the expertises that we need are available in the team. Therefore donations to the general FairCoin Donation address will be used to tip over the scale on community Projects when and where required.



Welcome to the new Fair-Coin community!



FairCoin Development Team

Hello everybodyWe have some good news for today:1. We are proud to present the new faircoin website: http://www.fair-coin.org 2. In order to grow towards a community empowered Crypto Currency we are presenting the FairCoin Forum. http://forum.fair-coin.org Everyone is invited to sign up and contribute.We are promoting the following topics:- General-- Anouncements General discusion-- News & Media-- Fiction & Fantasy-- Community & New Members- Growth-- Economics & Financial Analysis-- Merchants & Adoption-- FairProjects-- FairFunding - Initiatives driven by donations- Technical-- Core Development-- Software Support-- Forum Support- Other3. FairFundingAs a development team we believe in the power of a democratic community, for this we want to manage the donation topic throug direct participation.All projects will have a place on our Forum. Projects that need funding will have a dedicated FairCoin wallet address for donations.The Development Team does not need any funding at the moment. All the expertises that we need are available in the team. Therefore donations to the general FairCoin Donation address will be used to tip over the scale on community Projects when and where required.Welcome to the new Fair-Coin community!FairCoin Development Team

signorama



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Sr. MemberActivity: 336Merit: 250 Re: [ANN] FairCoin (FAC) | New site, New forum, and new Fairfuning project May 13, 2014, 07:28:24 PM #276 Quote from: FAC_Team on May 13, 2014, 07:21:25 PM



We have some good news for today:



1. We are proud to present the new faircoin website:



2. In order to grow towards a community empowered Crypto Currency we are presenting the FairCoin Forum.

Everyone is invited to sign up and contribute.

We are promoting the following topics:



- General

-- Anouncements

 General discusion

-- News & Media

-- Fiction & Fantasy

-- Community & New Members



- Growth

-- Economics & Financial Analysis

-- Merchants & Adoption

-- FairProjects

-- FairFunding - Initiatives driven by donations



- Technical

-- Core Development

-- Software Support

-- Forum Support

- Other



3. FairFunding

As a development team we believe in the power of a democratic community, for this we want to manage the donation topic throug direct participation.

All projects will have a place on our Forum. Projects that need funding will have a dedicated FairCoin wallet address for donations.

The Development Team does not need any funding at the moment. All the expertises that we need are available in the team. Therefore donations to the general FairCoin Donation address will be used to tip over the scale on community Projects when and where required.



Welcome to the new Fair-Coin community!



FairCoin Development Team



Hello everybodyWe have some good news for today:1. We are proud to present the new faircoin website: http://www.fair-coin.org 2. In order to grow towards a community empowered Crypto Currency we are presenting the FairCoin Forum. http://forum.fair-coin.org Everyone is invited to sign up and contribute.We are promoting the following topics:- General-- Anouncements General discusion-- News & Media-- Fiction & Fantasy-- Community & New Members- Growth-- Economics & Financial Analysis-- Merchants & Adoption-- FairProjects-- FairFunding - Initiatives driven by donations- Technical-- Core Development-- Software Support-- Forum Support- Other3. FairFundingAs a development team we believe in the power of a democratic community, for this we want to manage the donation topic throug direct participation.All projects will have a place on our Forum. Projects that need funding will have a dedicated FairCoin wallet address for donations.The Development Team does not need any funding at the moment. All the expertises that we need are available in the team. Therefore donations to the general FairCoin Donation address will be used to tip over the scale on community Projects when and where required.Welcome to the new Fair-Coin community!FairCoin Development Team

The new FAC website looks good. Complimenti!!! The rebirth of the Faircoin begins. http://www.rhumsiki.com