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Re: [ANN] New Crypto Currency FRANKO [w/ OPENSOURCE FRK ATM!][NEW WEBSITE Design]
Re: [ANN] New Crypto Currency FRANKO [w/ OPENSOURCE FRK ATM!][NEW WEBSITE Design]
Franko Roadmap
http://forum.frankos.org/index.php?topic=37.0
- Immediate
- ✓ Update to 0.10.2
- ✓ Add BIP 65
- 5 Stratgeically placed Permanent nodes
- Add block explorers to the nodes
- ✓ Forum Relaunch
- ✓ IRC Relaunch
- ✓ Cryptolina conference
- Franko webwallet with build in USD->FRK
- Get new website translated
- Intermediate
- EXP.life (Gamified microemployment platform)
- Entrance (Trustless Third party login system)
- Payment Processors
- Chinese exchanges
- Marketplace
- Auction house
- Escrow service
- Cart Solutions
- Relaunch Franko Folders
- Franko Commercials
- Sponsoring Events
- Franko Meetups
- Longterm
- Low Orbiting Franko Nodes
- Incentivized Meshnodes
- Resource Libraries
- Public Gardens
- Franko commercials in all major media outlets
- Sponsor Politicians
- Become the worlds currency
http://forum.frankos.org/index.php?topic=37.0
Chinese exchange!!! I like this idea :-)
Re: [ANN] New Crypto Currency FRANKO [NEW WALLET GUI, added Social, Stats, Explorer]
I hope the price will rise back to 0,0045! I also have troubles understanding this coin. It had such a great value until 5 February. After this date the coin had a big downfall and never got back up.
Re: [ANN] New Crypto Currency FRANKO [Mandatory update at block 640k]
Is it a good idea to hold on? Or is it better to just sell my coins while this ship is sinking?
Well it wouldnt be smart to sell while its at the all time low
And it's still going lower...
I'll think we'll get a pump-n-dump moment in 5 to 10 days from now. Wat is worrying is that there is no 'volume'.
How do you know there will be a pump and dump moment?
Re: [ANN] New Crypto Currency FRANKO [Mandatory update at block 640k]
Is it a good idea to hold on? Or is it better to just sell my coins while this ship is sinking?
Well it wouldnt be smart to sell while its at the all time low
And it's still going lower...
Re: [ANN] New Crypto Currency FRANKO [Mandatory update at block 640k]
3-4 days ago someone has put a buy order for 10 000 Franko's on Cryptsy for the price of 0.00045503BTC.
Now it's down to 5893 coins. I'm really interested what will happen after this buy order.
Now it's down to 5893 coins. I'm really interested what will happen after this buy order.
Re: [ANN] New Crypto Currency FRANKO [Mandatory update at block 640k]
Ladies and gentlemen, please fasten your seatbelt.
We are going to fly to the moon!!!
We are going to fly to the moon!!!
What happend?
The price just keeps dropping. My investment went from 1,5 bitcoins to 0,34 bitcoins worth of Franko's... 
I feel as though I am repeating myself:Buy more and your cost average goes down, simple math really. If you buy at the peak of a price you are bound to take a loss, smart "investors" buy all the way down to cost/average their coins.
You buy 10K at 0.004
You need to buy 40K at 0.001 cost average becomes 0.0016. If you are trying to increase your wealth at 25% gain your sell price is now lower to attain such a gain. If you sell all 50K at 0.002 you make 25%.
Edit:
But if you only spent 1.5BTC then you probably attained ~375 FRK at 0.004 therefore you only need to spend 0.45BTC (750 FRK @ 0.0006) to get to a cost average of 0.00173333.
I am curious if you worry about the people that buy the expensive coins from you when you decide to profit from others, or if your only worry is if you lose in an investment.
I followed your advice and now I'm losing even more. My biggest mistake was investing in this dying coin. If there is anything that I learned is that you better stick with the bigger cryptocoins like BTC,PPC,LTC and stay away from the rest.
Fine, I will take your coins from you when you decide to sell them, I would rather only believers have this coin.
Edit:
The low-supply I hope isn't the only feature. I looked at Unobtanium, they have NO services other than BE and Exchanges. The gambling site is down, probably because the site holder rarely keeps his current coin up for very long and then moves onto the next bounty he can get.
Value for a currency has to be more than just an exchange.
Edit:
The low-supply I hope isn't the only feature. I looked at Unobtanium, they have NO services other than BE and Exchanges. The gambling site is down, probably because the site holder rarely keeps his current coin up for very long and then moves onto the next bounty he can get.
Value for a currency has to be more than just an exchange.
Ok tell me what I can buy with Franko's?
If you note my signature line shows "merchants" you can click on it and go through some more clicks or you can go here
A lot of these websites are not accepting Franko. To be honest I didn't find one good service that accepts Franko's...
Fine, I will take your coins from you when you decide to sell them, I would rather only believers have this coin.
Edit:
The low-supply I hope isn't the only feature. I looked at Unobtanium, they have NO services other than BE and Exchanges. The gambling site is down, probably because the site holder rarely keeps his current coin up for very long and then moves onto the next bounty he can get.
Value for a currency has to be more than just an exchange.
Edit:
The low-supply I hope isn't the only feature. I looked at Unobtanium, they have NO services other than BE and Exchanges. The gambling site is down, probably because the site holder rarely keeps his current coin up for very long and then moves onto the next bounty he can get.
Value for a currency has to be more than just an exchange.
Ok tell me what I can buy with Franko's?
The price just keeps dropping. My investment went from 1,5 bitcoins to 0,34 bitcoins worth of Franko's...
Buy more and your cost average goes down, simple math really. If you buy at the peak of a price you are bound to take a loss, smart "investors" buy all the way down to cost/average their coins.
You buy 10K at 0.004
You need to buy 40K at 0.001 cost average becomes 0.0016. If you are trying to increase your wealth at 25% gain your sell price is now lower to attain such a gain. If you sell all 50K at 0.002 you make 25%.
Edit:
But if you only spent 1.5BTC then you probably attained ~375 FRK at 0.004 therefore you only need to spend 0.45BTC (750 FRK @ 0.0006) to get to a cost average of 0.00173333.
I am curious if you worry about the people that buy the expensive coins from you when you decide to profit from others, or if your only worry is if you lose in an investment.
Right now I'm worried that I made a mistake believing in this coin. And yes I did buy another 100 Franko's at a price range of 0.0008.
This is a coin with a low supply , which it's a good thing. But the price it's having right now it's not really on pair with the total supply.
Look for example at Unobtanium.
Unobtanium $ 452,783 $ 2.68 169,010 UNO $ 3,787 -6.15 %
Franko $ 49,527 $ 0.35 140,728 FRK $ 815 -3.39 %
Don't get me wrong I'm still having hope and that's also the reason I wouldn't sell even is the price was going back to 0.0045!
BTW: What's up with Franko on http://coinmarketcap.com/?
BTW: What's up with Franko on http://coinmarketcap.com/?
Look at other coins too . You would have been in the same situation . Only if you would jump from one too one maybe you would have been intact . But the problem is that many coins died , Franko is still here and working and developing and making events for Real life . Not just pump & dumps . The fall is because everyone is now looking for quick money and draw their BTC into fast hypes that die next day .
Would you choose too lose 1 BTC or too lose them all next day like TAK situation & many many others that died recently in a horrible way. And also look at doge too from 200 satoshi too 130-120 i think it's going too 0 soon because it's unlimited supply... I really don't know why you are all praising this coin so much.
I already lost more than 1 Bitcoin of investment in this coin!
For me Franko is losing instead of freedom...
I already lost more than 1 Bitcoin of investment in this coin!
For me Franko is losing instead of freedom...
It is true that you may have lost value but you have gained opportunity to buy at a much lower price therefore allowing a lower end profit selling point. If you buy 1000 at .004 and then buy another 3000 at 0.001 then your overall price (0.00175) decreases and gives the opportunity to sell with a higher profit average.
Notice any trends between this sampling of coins found on Cryptsy (viewing month zoom). I did not arbitrarily choose coins either, these are ones with more trading value(IMO), i.e. merchant services etc.
http://i59.tinypic.com/352hmag.jpg
More proof then that i cannot say more . +1
People are on serious blind too DUMP the old coins and jump on hypes that next day are killed . Maza , Tak , Aur , Pmc and many other .
I'm not one of these guys, I don't just jump on the next hype! I only have PPC, LTC and Franko's.
These are coins I believed in but Franko has just been a disappointment so far.
BTW, if you read these trends the right way you come to this conclusion:
Franko's went down with 400%
Peercoin went down with 70%
Dogoin went down with 65%
I think there is a big difference if a coin goes down with 400% or with 70%!!!