My opinion on Lisk, the team and the price is:

I figured that they are very good in marketing, very strategic and that's why I bought into the ICO. But I had the plan to sell right after launch because I wasn't too sure about the tech, about long-term-perspective. I saw it more as a hype and I wanted to make a quick buck tbh.

But: I watched this all and more and more they (the team, but also some out of the community) convinced me that this is a serious project with longterm-vision, that this is not just about hype without base. They do a lot to stabilize it on all fronts. That's nothing the majority recognizes but exactly that is a buy and will pay out if it's done accurate.

So, my plans changed over time. I did not dump. I sold some but I also buy back over time to get a good average-price. The rest is just a question of time.

With other words: The price is no indicator. Besides the fact that it's still above the ICO-price (and Lisk is the only ICO-projekt I know of the last time that never went below) Lisk really has a lot of chances for longterm. I believe that Lisk also will benefit from the weakness of Ethereum that becomes more and more obvious and not just because of ETC. ETC is not cause for a weakness, it is effect.

I really believe that Lisk can reach more than Ethereum, but just if they don't make the same mistakes and rush things out while the base is not totally stable. So, they do the right things.

Regarding the price my prediction is: Those who focus too much on it now and are concerned about it and sell, will buy back in. But higher of course.

A look into his Post-history is enough to see that nothing seems to be really serious. Yesterday he wrote "Hype-Posts" like this:


Seems to be a clown.

Another good blog-post from Steven Masley, like a "how-to", also about the GUI and the papermill etc.:

It’s time to move your factoids off an exchange
https://medium.com/@stevenmasley/its-time-to-move-your-coins-off-an-exchange-890bf49288db#.baw75kqq5

The Block-number doesn't necessarily indicate that the wallet does not sync. What you can try is: Close factomd and open it again and look if it's still at the same block. And palawan is right, it can take a while.

I'm also on Mac btw. You just have to open first factomd and then walletapp, nothing else. Not sure if it's important but I believe to recall that there can be a problem if one also opens factom-cli and fctwallet (but really not sure - it's months back).

If it still does not work I would do a new installation, but I'm really not an expert in technical stuff.

If you need to do a backup: 

On Mac:

User --> .factom (hidden folder) --> factoid_wallet_bolt.db

Mr. Crazyivan, your ignore-feature doesn't work well!

He believes you and me are the same person. ;-)

You have to read it this way: "Seems like you found a way around the ignore,........ Tempus."

But, I also needed to read it 5 times. And Crazyvivian also believes in three now.

Three now... Aha. Who was the third? I just know of you two clowns who have a personal problem with me and keep on spreading lies.
 
And you both have a personal problem with Factom, because they don't want to hype but you want to "improve" (that's kind of funny). And it's not me who is always praying for a pump and crying about the price and demanding for M2 and more PR and so on.

Btw: I also tend to focus on weak points, that's why I warned to buy Ethereum and theDAO. ;-)

New theory. Unbelievable.

 

No, I don't believe that and don't believe I said that. I believe his nerves are just shot. This was him not even 1 month back:

https://bitcointalk.org/index.php?topic=850070.msg15618582#msg15618582

And he even tried to make some PR for Factom in other threads like Monero. Not sure why he believes a Coin with focus on anonymity should use Factom.

But no, he is not paid. He just desperately wants a higher price - yesterday, now, soon.

Oh boy, you're funny. As if I would care if somebody like you puts me on ignore.

And I'm the troll here? You are the one who spread lies about me and a lot of des-info in general.

It's just a transaction. If you want Entry Credits and you give me cash, I send Factoids to your Entry-Credit-Adress and you have EC's. The Factoids are out of the system.

It is the sentence. I'm aware that you wrote more than that and I didn't delete it. But it's the same like you wrote about me. You know nothing about me but you wrote: "About the only thing I agree with crazyivan on is the fact that Tempus is obviously a Factom employee or one of the founders."

That's how you start. You don't ask. You believe to know, you call that "fact" and you blow it into the world. No logic, but that's not a problem for you. You don't care.

And that's the same when you say: "And those who invested after inception gave Factom a liquid market to sell their 30% of FCTs."


I don't say that because I believe it need to be avoided that anybody believes you. I don't think that's a problem. But it's revealing about you. You believe to be super smart and blow out your bullshit about me as Insider, and that they would dump just before good news plus all what you add to that. Maybe you just should stop with posting all what comes to your mind in real-time as if the world would need to know that. Because, a little hint: You could be wrong, even if you call something a fact or word it as would it be one.

Lack of transparency over entries making projections impossible

You want something they can't give! They are in negotiations which are often under NDA's. How should it be possible to know how much demand there will be in future? They can't predict that themselves. Do you want them to publish guesses? I know what the reaction would be. They would called scammers who try to hype the price with promises.

Lack of transparency over Factoms FCT holdings and future sales or previous sales making factoring in dilution impossible

Man, they can do with that whatever they want to. What they can't do is run away and just stop development without getting a lot of problems. So, no reason to be scared here.

And to spread that they would dump is just stupid. Last time you spread that around was just hours before they published this:

https://www.factom.com/smartcontract-factom-announce-collaboration/

But of course. They don't only dump. They even do it right before they publish good news.



Lack of transparency over how Factom INC and FCT work together

What do you mean with "Factom INC and FCT"? FCT is here Factoids or Factom-open-source-project?

I'm not even able to guess where you see a lack of transparency.




No user friendly wallet causing a systemic risk to FCTs since a lot is held on exchanges


The wallet works. It's nothing for total newbies, yes. But nobody says that total newbies need to buy. And: It's about the combination of Papermill and wallet. If you use both you are fast and safe. And they've said that there will be an improved wallet in future. And just some minutes ago Brian Deery showed that he is there to help if somebody needs help.

No viable blockchain explorer nor rich lists

There is a Block Explorer: http://explorer.factom.org

And a richlist? Because it says so much? Do you really believe in rich lists? Even I don't use just one address.



Your problem is more that you're damn greedy and without patience. You bought into it and you was supportive. But just a little while later your nerves are shot. You even speak about investor-protection. In Crypto! If you want to be safe: Don't invest in Crypto. That's it. And if you want to be near to safe with Factom, sell for now and come back after M3 and when there are the first companies who use the system if it all goes well. If Factom should fail you won't lose. If successful, you can buy in again. But of course: The price will be higher. And that is your problem. You want it all now. You want a higher price - now. You want to feel safe - now. You want them to publish their own holdings and all their plans and expectations and so on, while you show nothing but destructive lines here. You spread baseless accusations as facts.

I tell you why I feel safe, more safe at least than in other projects or even in Bitcoin: I made research. And I wouldn't ever post accusations without any base and as if it's about facts.

Wow, a new fact here? You claim that they've sold their Factoids? What happened that you turned from a supporter into somebody who posts accusations?

Point is that Factom as a system is not finished yet. Of course there is a lot of testing and not that much real business for now. But the partnerships show interest. I don't know of a project that comes close to that.

We can say, there are two kinds of Factoid-Investors:

1. ICO-buyers
2. Those who bought after launch

And in fact Nr.2 is more about Speculators.

But you're right. If Azael did not buy into the ICO he can't say that he gave money to Factom.

Your lack of diligence and accuracy can't be my problem. And to say you would only reply if I my posts were "good stuff" is a funny sidestep. I know how you define the word "fact" - and that has not much to do with the real definition.




I really don't understand why you see a lack of information here. They are open. We already have proof how successful they are on the business-side or do you believe the partnerships etc. come out of nothing? And do you think they will stop with that?  

There are just two ways to have a lack of trust in the team:

1. To be not informed
2. To doubt they are honest

You are responsible for Point 1. And that could also give trust regarding Point 2. If that does not help there is nothing they can do for you, at least there is no reason why they should care much about it if you don't do your part. And you are not very supportive, just pissed.


You absolutely don't get the point.

1. They are not working for us. I would have a lot of doubts if they would be just altruistic for the best of speculators.

2. At least you do nothing here for them. You spread around even lies. I mean, you called it a fact that I would be an insider, or even a founder! That's so stupid that I can't believe it. And while I don't take it personal it can't be helpful to implicate that Factom would do or need such shady moves.

3. Of course I want to make profit. But I will benefit if the system will be delivered as good as possible and if they just continue with what they did all the last months the rest is a matter of time. And I watch the development and I would react if I believe to see concerning signs. But I don't see that until now. I'm invested since they hit Polo. And my confidence and trust in Factom as a project and the team behind increased over time. It's much more now than it was in November for example, because they showed a lot and they delivered a lot in all important aspects.  

And I really like it to see that they don't play by Crypto-rules.


 





Your implications about me are stupid. Show me one post that seems as if I'm scared to say I'm in for the money? I'm just not interested in stupid gambles.

And I did not forget how it goes. But I know that the Crypto-market has nothing to do with "how it goes". Quality needs time, needs hard work, needs professionals. And here is a team that is professional and does exactly what is needed to be more than just another Wannabe-but-hype-project without any real chance. And some here are complaining and demanding. That's the real joke.

And by the way: Did you invest in their ICO? Because if not, you did not put money into this project. I'm no ICO-Investor. I doubt that you are.


They've never said that they don't care about the price. They say that it's about the system and the price will reflect that. And they are most likely intentionally careful regarding speaking about the price, because I believe that they want to avoid every impression they would want to hype it. And if I'm right with that I don't just respect that. It's smart. And they say that they won't make marketing for the price but it's obvious that they do a lot of marketing for the system. You should understand that it is marketing for the price. It's the best marketing they can do for it. And that is also something they've said.

And you don't need to believe that Factom Inc sells entries. If a big company wants to use the system they can develop an application for themselves and they can buy Factoids and convert them into EC's themselves.

Plus: It's not very rational to doubt in their abilities regarding marketing and business. The system is not even finished but they already have partnerships! They already are in negotiations with Honduras! They talk about smart cities and about Identity systems and all kind of stuff. Not sure what you miss here.

This is more about you. You should so more research.


Do research. That's all what I can say. Everything is difficult for lazy people.



I can't answer on all points here. I just can say again: Do research. And man, you're thinking too much in shitcoin-categories. That's a problem of the majority of this market.


Even I don't reply on every single point. It's getting boring.

See, you could find answers to your questions. It can't be their job to do your work.

How intertwined do you guys think the Factom INC valuation is with FCT as a currency?


Both is connected to the use/demand of the system. Factom Inc. won't make money if nobody would want to use Factom and the other way around. The more Customers for the system, the more chances for Factom Inc. to be the one to go to get software and Entry Credits. So, it's more than just connected. It's dependent.


How many entries per month is made by Factom themselves?

Most of it. Paul Snow said that on Twitter ("Most are ours, true.  But placed in by the same rules as anyone.")

Most will be testing. Even the companies are most likely more testing it. The number of Entry Credits is no indication until now and the system is not even finished. But what it is an indication are all the news about partnerships, because it shows that there is interest. I've thought a lot about potential negative scenarios, potential reasons why Factom could fail. But it wouldn't be because of a lack of general demand for such a system. It's all about quality. Something like Ethereum experienced with theDAO and the HF shouldn't happen to Factom. After I've recognized Factom and thought about it, one point was competition and if that could be a problem. But I doubt it, because the general demand is very high. There is enough for everybody. And the good news also is: Factom seems to be leading and more complete than others.


Do you think we are getting the short end of the stick as currency investors vs company investors?

I think the other way around. I thought about investing in the share sale. But to do that I would have to sell Factoids. And I decided not to do that. About the value it's this way I believe:

Factom as company will make money with coding software for the system and with selling Entry Credits and so on. If they will be very successful it will be because of high demand. They need to promote the system to promote their business as a company. At the same time: It's possible to use the system and to have high demand without hiring Factom Inc. A bank can pay their own Developers to build applications they need and nobody needs to buy EC's from Factom.

So, I believe that the shares are a buy because I believe that Factom as company has high chances to be successful. But if they will be successful the system will be successful. And if I need to decide between buying and holding shares or buying and holding Factoids I chose Factoids. Besides the fact that FCT's are much more flexible and easier to move and to react with, the Crypto-market is more dynamic and involves some potential chances because of the psychological aspect (let's say it overdrives good news into a pump).

And the price for FCT's will be connected to the demand like the shares and in best case-scenarios even more. Because, again: It's theoretically possible that there will be high demand for the system but companies and other customers use software from other providers. All Dev's on this world can develop app's. And "everybody" can make an Entry Credit - Store (not really because it's likely that there are some regulatory problems, in some countries more than in others).

Under the line I think that it's a perfect combination and Factom gives a lot for free. Because they provide an open source system that everybody can use and that gives a lot of free opportunities. Their business is that they are the leading experts and the one to call to get expertise and software. But if you are a skilled Dev and you make a great app that would be widely used and you sell it --> you get the money and you don't need to pay Factom anything. They would benefit as Factoid-holders.

So it's a win-win-situatoin here. I don't see weak aspects.


And if you say something like this:

"Anyway I'm beginning to have some doubts about the economic system behind FCT in other words I doubt the team. Will they make me money? The market already has but can the team take it to another level? I don't even know them and it appears like Factom doesn't want us to know them. It's like a wall between us and them."

My impression is that you are not informed. I mean, what does it mean to "know" the team? Nobody knows them personal. But that's true for all Dev-teams in Crypto. Does anybody know Vitalik Buterin besides his videos and posts? Nobody knows who Satoshi is (Craig Wright showed up again just btw). But you can figure out how they act and are. Just watch all videos with Paul Snow, Brian Deery, Tiana Laurence, Peter Kirby etc. Read what they write. You won't find dishonesty or a lack of professionalism or a lack of abilities. They are professionals and they have ethics. Much more than most of us. I really focus on that and I digged deep. And I've never seen such a combination of professionalism, skills, hard work, expertise and honesty. There are other great teams in this market. But Factom is by far the best I know of. I would like to spread the normal risk a little bit more, but until now I didn't find something that is on the same level.

And the question if they will make you money - I don't understand that attitude. They don't work for making money for us, they work for themselves. And there is no need for making friendships here. It would be enough if Investors and Traders and Speculators would be a little bit more professional. And the better they, Factom, do their job the more you and I will benefit from the value they are creating while we as speculators are a side-effect of the decentralized system but without adding real value to it. Without any real work we have a lot of chances here.
 
And just to prevent your theories about me: I really think this way and that's the reason why I write this way.

Yes. Factom is good for all kind of stuff - all important documents one can imagine, all important data in general. And from private persons to companies to institutes to governments.

After I've recognized Factom I tried to find out for what it could be used. I gave up because it really can be used for everything that is important, especially if it has a time-context.

Just copy + paste the address here (search): http://explorer.factom.org