FAIRCOIN CROSSED THE 400 BTC 24 HOUR VOLUME TRADE!!!!
Congrats everyone.
Blackcoin and Faircoin are sending a message that traders want their coin value protected.
And what better way than Proof of Stake. Both coins are fantastic. But one right now makes a better investment.
With 400 BTC volume it's pretty clear that Faircoin is now be treated as a Blackcoin II of sorts by the whales.
I saw the guy with my own eyes buy 50 BTC up to 2700 in one shot last night. He saw a cluster of coins
and had to bite. Now you can see today it's much thinner in that price range. And right now he is accumulating by pushing
the price up and down to squeeze out coins from weak hands. Just remember the price will drop heavily at times and rebound
just like BC did. It's very natural.
That means one thing ---
pretty much guaranteed that the price is going way up in the near term.
Remember --
1 - There are only 50 million coins versus 74.5 million with Blackcoin. About 33% less than Blackcoin.
2 - Faircoin market cap is $450,000 (up from $120,000 in under 48 hours) versus $3,200,000 Blackcoin. 7x lower. Think about that and the above point as well.
3 - When FAC started going up yesterday Blackcoin traders dumped after they saw the spike of 50 BTC on FAC. It's the Ice Cube Tray effect. Water sloshes to the other cubes as you move the tray around.
Every trader here can agree there is something very comforting knowing that there are no coins being mined and dumped. Look at the price trends with BC and now FAC.
Faircoin and Blackcoin are both kindred spirits in this new trend.
However Faircoin has a big advantage in terms of where the price is going at the moment. I would take it. And soon BC and FAC pricing will be on equal footing.
