Quote from: drakandar on January 15, 2015, 06:55:53 PM

Quote from: 00SuperMario00 on January 15, 2015, 06:30:35 PM

Quote from: smartaction on January 15, 2015, 03:18:00 PM

Meanwhile the price of #bitcoin has moved around 25% up or down the last 24 hours, in getfaircoin is the same 1 EUR = 200 FAIR #faircoin
https://twitter.com/smartactions/status/555745449517531136

Good data to analysis Wink

If faircoin can show that it is not as volatile as "normal" cryptos with a healthy value increase even the last speculators will lose interest in speculating with it. Getfaircoin is pretty cool to have a reference price and an anchor in the hands of faircoop so its less vulnerable to the 'sell high buy low game' and individual profit maximazation like it goes on with bitcoin

This makes me wonder what other mechanism are available to stabilize the coin's value even more. Say that we have a number of dedicated traders who 'buy low sell high' and donate their earnings to a BTC fund which will buy up any FAIR that goes below a certain threshold. Would that work?

This idea could work with any way of get profit and use it to help the faircoin value in sustainable way. The difficult thing here is to get the people that is commited enough to help the commons. Anyway some kind of this could work also as a private risk, that anyone get with his profit in a way that can be assumed by him because is only plusvalue profit,...

The better way at long term could be a netwrok of cooperatives and social company, that use some part of profit for the "stability fund"