Ninjastic
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Board Announcements (Altcoins)
Re: [ANN]Faircoin - The First Fairly Distributed coin. MANDATORY UPDATE!
by
oinquer
on 01/04/2014, 09:25:53 UTC
Quote from: johnies on April 01, 2014, 09:17:13 AM
Quote from: vortal on April 01, 2014, 08:24:45 AM
Quote from: johnies on April 01, 2014, 08:23:50 AM
Hey, we are in Mintpal, yeehaa! Now if nobody sells a coin under 10 BTC, we everyone have 10 000 BTC worth of FAC. Not bad!
sorry, bro. Can't catch up your logic and your math.. Sad

Quite easy: Everyone should have 1000 FACs if this would be a really fair coin. I know most people have more, but if you just entered once you would have 1000. And the market price of any coin is determined by the last price of coins which are bought. So if no one sells any FAC coins under 10 BTC / coin (and someone would buy at least one), then the Average Joe would have 1000 FACs, every worth 10 BTC / coin, which is 10 000 BTC worth of FACs.

No, I wasn't serious. It's better to sell them cheap.

Got it with your explanation. It's more like a joke of April 1st.
Anyway, I hope some big bagholders can sell some of them.
I want to buy some cheap FAC.