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21  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] FACTOM - Introducing Honesty to Record-Keeping on: September 22, 2017, 05:07:51 AM
wow, i got a nice fill yesterday on Poloniex, i had that order that I had left for more than a year, filled !!! can't believe it , yeahhhh !!!!!
22  Economy / Scam Accusations / Re: DeOS (by Razormind) is most likely a scam! EDIT: Ongoing investigation!!! on: September 13, 2017, 03:49:38 PM
the FCA has made available on online form to report scams

It would be great if all victims of Jawad could report him at this link

https://www.fca.org.uk/consumers/report-scam-unauthorised-firm

maybe they will care more than the police...
23  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] FACTOM - Introducing Honesty to Record-Keeping on: May 12, 2017, 05:41:28 PM
Good to see you're in jolly mood and so I am I.

And sorry I never tell anyone of any coin address.
I'm paranoid about hackera
24  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] FACTOM - Introducing Honesty to Record-Keeping on: May 12, 2017, 03:47:13 PM
Hello to you guys

Well a few months later, after having being accused of being a troll what do we have on factom ?? USD price has rallied 2.5x but nothing spectacular given the global picture, the spikes in terms of btc price have not exceeded those seen in September 2016 last year... The market cap hasn't even broken 100,000,000 USD...

In the meanwhile,I had at the time posted about NEM when it's market cap was around 30,000,000 USD and bow it's number 5 crypto with 1.1 billion market cap for a spectacular more than x30 rise

So guys next time you read guys posting everyday and making a lot of noise it doesn't mean they are clever. You should have listened to me guys instead of mocking me...

This is not a post to tell you to buy some NEM. Actually I'm taking my profits here.
Factom project is going nowhere it seems, the tech team seem to be not good enough and they are getting obsolete. The only good thing is they have some funding to survive a while longer but not sure they can make for the lost time with their team.

At this stage I think they should redesign the whole project and something good could get out of it. The risk is that they give up any time and take what's left of the money, that's another possible outcome.

I promise you some of the 9 or 10 digit market caps will be worth near zero in less than two years. The risk is factom share the same fate even if it's not even (yet) in the nine digit club...
25  Alternate cryptocurrencies / Altcoin Discussion / Re: Litecoin is officially dead on: December 09, 2016, 08:08:32 AM
Time to watch this classic again !!!

https://www.youtube.com/watch?v=5v5y3icu6YY
26  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] FACTOM - Introducing Honesty to Record-Keeping on: December 06, 2016, 02:12:20 PM
everybody was telling me i was lunatic when i was saying FCT could drop to 0.0015 based on TA, but today we had a new low at 0.002... we're not that far away given the volatility of the market, and the utter lack of any support...

in the end i might be well be proven over-optimistic. Only time will tell
27  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] FACTOM - Introducing Honesty to Record-Keeping on: December 06, 2016, 05:26:58 AM
my question on FCT was a genuine one. I cannot expect anything else than a positive answer (= yes Factom would be a middle man if/when people buys EC directly from them) so FCT are indeed burnt in the process, and everything is alright

else we've been lied from the beginning.
28  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] FACTOM - Introducing Honesty to Record-Keeping on: December 06, 2016, 01:20:06 AM

I do have a question about how this whole thing works in practise though. Do clients buy the FCT themselves? If so, are they supposed to go to exchanges? I assume that is not the case. I have never understood this completely. For example: I own a company and want Factom to help me storing data on the chain. What am I suppose to do as a non technical person? Is Factom helping me with this? I guess Factom is not sending me to some exchange with a troll box to buy FCT, are they?

Secondly, what is Factom's aim regarding the amount of unburned FCT out there at any point in time? Do they have a desired ratio for this? For example. with the current price you can get 17.5 billion EC's. Is that close to a desired status quo or not? Can they influence that and if so, how? Isn't it a problem that so many FCT are in the hands of people who never would use FCT for buying EC's?

I would like to see an answer from Factom on questions like these..


Not from Factom, but I can take a crack ...

Clients don't need to buy FCT directly. Given the price swings, this would be impractical for most big businesses/organizations/govts. Instead they can buy Entry Credits directly from Factom and soon, from other third-party EC stores. Clients can buy EC now (at a fixed price of 1/10th of a cent) from Factom here: https://shop.factom.com/

For the second question, this get more complicated, but basically the EC price is kept constant at 1/10th of a cent, for the sake of businesses/etc that need to plan for future usage. However the FCT price is dictated by the market. One token (EC) at a fixed price, and one (FCT) dictated by the market, means that the FCT -> EC exchange rate remains dynamic.

For your question about the FCT supply if investors don't want to sell ... This would push the FCT price up, so that fewer FCT would be required to generate the same number of EC. The supply is dynamically self-adjusting, so that the system can never run out of EC, and FCT has a base price that's a function of Factom's usage (beyond which it can't drop w/o risking a depletion of FCT supply). More about this is here:

https://www.reddit.com/r/factom/comments/4zxi6e/fct_ec_and_the_factom_financial_ecosystem/

You also ask about what the supply-equilibrium point is. I'm not sure, but ... FCT supply will be reduced until M3, after which 73K FCT will be generated each month. The new supply will help ensure the supply equilibrium (that FCT supply doesn't drop to 0), and b/c this will be coming out around M3, my guess is that that equilibrium level will be slightly lower than the current supply today—or basically, whatever it drops to before M3's release.

Hope this helps! And hopefully someone from Factom can weigh in more authoritatively about where they expect supply to stabilize ...


whats the point of FCT if one can buy EC from Factom directly ? or does it mean that Factom must hold FCT and burn it for EC and would be just a middleman in such a case ?

Because if it doesn't work like this, then FCT has no purpose and value at all
29  Alternate cryptocurrencies / Altcoin Discussion / Re: Roger Ver wants faster block times, Segwit & LightingNetwork on: December 05, 2016, 02:55:02 PM
I never said I want a faster block time,  so please stop telling lies about me.

I am so passionate about Bitcoin because I own so many of them, so I want to see Bitcoin be the winner in the competition among cryptocurrencies.
Having a congested network with high fees,  slow confirmations, and easy double spends is the formula to guarantee that Bitcoin loses to something else.

thank you for answering him Roger.

what is your opinion on Monero now ? is it still a good play at this price ? there is a lack of upwards momentum now..
30  Economy / Scam Accusations / Re: DeOS (by Razormind) is most likely a scam! on: December 05, 2016, 02:52:59 PM
We have analysed your crime report

and I am pleased to inform you that it has been passed to Police Service of Northern Ireland for their

consideration.
.
.
.
The NFIB has prepared a crime package and Police Service of Northern Ireland will review and determine

the most suitable response and let you know what action they will be taking as soon as practicable.


That doesn't read like there is insufficient evidence, it says they have passed it to their colleagues in Northern Ireland. Unless you're saying you have heard from the NFIB since you got that notification?



no actually i just got this new email TODAY ! so maybe maybe there's some action.
for those who have not reported yet, i encourage you to do so ...
31  Economy / Scam Accusations / Re: DeOS (by Razormind) is most likely a scam! on: December 05, 2016, 12:56:21 PM
I’m sorry to hear you’ve been a victim of crime. Thank you for taking the time to report to Action Fraud.

All Action Fraud reports are passed to the National Fraud Intelligence Bureau and we review every crime to

identify investigative leads and opportunities to disrupt criminal activity. We have analysed your crime report

and I am pleased to inform you that it has been passed to Police Service of Northern Ireland for their

consideration. They have recorded it under reference: unfortunately we haven’t received a local reference

number for your report yet.

The NFIB has prepared a crime package and Police Service of Northern Ireland will review and determine

the most suitable response and let you know what action they will be taking as soon as practicable. If you

need to get in touch with them in the meantime, their contact details are as follows:

• Police Service of Northern Ireland by email at actionfraud@psni.pnn.police.uk or



By phone 028 90650222, Ext 50769.

If you would like information on what support is available to you, please visit the Victims’ Information Service

website www.victimsinformationservice.org.uk. If you would like information on how to protect yourself from

fraud, please visit www.actionfraud.police.uk/support_for_you or you can call them on 0300 123 2040.

I would recommend that you sign up to www.actionfraudalert.co.uk so you can receive warning messages

about new and emerging scams and practical prevention advice. This is a free service and allows you to

receive tips, guidance and helpful advice to prevent fraud against you.

If you have any queries regarding this letter please visit www.actionfraud.police.uk/FAQ where you will find

answers to most common questions. You may also submit questions which you feel are not addressed by

the FAQ using our online form.

Thank you for taking the time to report to Action Fraud. Every report we receive contributes to building an

accurate picture of the fraud threat. It is critical for policing to identify and disrupt suspected criminals now

and in the future and we will strive to provide practical prevention advice to protect the community and

businesses.
32  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] FACTOM - Introducing Honesty to Record-Keeping on: December 05, 2016, 10:01:49 AM
Also the number of coins offered for sale s been constantly dropping. It seems the market s been expecting something.

thats natural at this stage that as price goes down, people get reluctant to take their losses. At the moment, the dire condition of the alt market has pushed FCT down, all together with longs taking profits and late longs taking losses and a few shorts pushing the market down...

but we didn't see really negative news from Factom side, actually rather positive news overall. so after that correction period and FCT having changed hands, its expected to see less selling interest at these prices, unless there are new incentives. So its less about the market expecting something than longs hoping and still confident the current price is low
33  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] FACTOM - Introducing Honesty to Record-Keeping on: December 05, 2016, 01:46:54 AM
waiting for my buy to hit

and suddenly those 1 FCT = 0.0015 BTC (GrossBitTM)predictions don't seem ridiculous...
34  Economy / Scam Accusations / Re: DeOS (by Razormind) is most likely a scam! on: December 02, 2016, 08:39:56 AM
Did someone say that the UK Fraud Squad are chasing Jawad et al ? if so, what is the status of that, anyone on this thread involved at all and can tell us anything ? DD

alas the UK Fraud Squad said there was not enough evidence now.

Nothing will happen if no one files a complaint. That means hiring a lawyer etc...

But at least, he must be somehow on watch...
35  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] FACTOM - Introducing Honesty to Record-Keeping on: December 02, 2016, 08:25:03 AM
"Making the world honest"
i laugh.

- BS deadlines...

- the Honduras project

- Caught lying about the Bnktothefuture crowdsale numbers...

whats the next lie ?
36  Alternate cryptocurrencies / Altcoin Discussion / Re: Roger Ver wants faster block times, Segwit & LightingNetwork on: December 01, 2016, 02:20:11 AM
Why doesn't he just embrace and buy Litecoin?

i read earlier this year that he bought Monero. don't know if true or not
37  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] FACTOM - Introducing Honesty to Record-Keeping on: December 01, 2016, 01:23:03 AM
Lol once again getting dumped...this is hilarious


look at what AMP has been doing recently and you will see what a real dump and capitulation is
38  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] FACTOM - Introducing Honesty to Record-Keeping on: November 30, 2016, 09:56:42 AM
yes i closed a good trade at 0.005.

now i bought again, but i don't know if its going to be a good trade this time. The market is already lower than where i bought
39  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] FACTOM - Introducing Honesty to Record-Keeping on: November 30, 2016, 06:34:06 AM
Heh, bud, pls stop with these kindergarten stories about me trying to move the price with my comments or being scared about some other market. Fuck that market and that coin which can moved by the few posts of one guy. If Bill Gates can't move Factom price, I m sure I can't either. Also, I ve been into crypto for a long time and I ve learned the hard way that placing all your eggs in one basket and then expecting it will bring you miraculous wealth simply does not work. I d never have bag of anything cause it s simply stupid, I do differentiate my investments and I do quite well at the end of each month when it s time to cash out. I know you re upset your 33 Factoids re not worth million dollars so you feel free to identify crazyivan as the one who s behind that. I ve got news for you bud, THEY WILL NEVER BE WORTH MILLION DOLLARS. Good luck. Sad

I can agree with almost everything CrazyIvan is saying, but funny to see how hypocrite he is after having bashed me for saying the same kind of truths that he is doing now.
40  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] FACTOM - Introducing Honesty to Record-Keeping on: November 30, 2016, 06:29:51 AM
you just have a bad memory. my posts are still here, and anybody can see the chart... and compare

my PL doing fine

You mean you switched sides when you found out your Fud didnt work cause factom only heading one way.

i mean I sold over 0.005 and starting to buy now... what exactly didn't work ?
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