Quote from: smartaction on May 14, 2014, 09:36:19 AM

Quote from: nezolder on May 14, 2014, 08:17:24 AM

Quote from: drakandar on May 14, 2014, 07:55:55 AM

Quote from: Chester-Chark on May 14, 2014, 07:29:39 AM

is the price good enough for buying right now? i think the price isn't cheap enough.

Take the following numbers into account:
- There are about 50.000.000 coins
- The current value is about 0.00000615 BTC
- I personally (my opinion!) assume that any well established coin can reach 1% Relative BTC Target Value (based on DOGE, PTS, LTC).
- For FairCoin that would be (21.000.000 (max BTC)/50.000.000 (max FAC))/100 = 0.00420000 BTC/FAC
- Relative price at 1% Relative BTC = (0.00000615/0.00420000) * 100 = 0.15% of possible value
- Do the same calculation for DOGE, MINT, LTC, PTS, BC and ZEIT

Decide for yourself if the price is good enough for buying right now.
Disclaimer: I'm just doing the numbers here. And remember; results for the past are no guarantee for the future

Totally agree, its so cheap atm, this is the best possibility to get it in good price (like i did now

)

I would be happy if people that wants to be involved in the fac community is buying right now at this prices. Its better for the coin that people that is for the long time become the main holders. Im in for it! I am here for create value at the long term! who is with me?

I'm still holding my coins from the initial distribution. And I'm not selling one below 10k sat. Grin