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2321  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] FACTOM - Introducing Honesty to Record-Keeping on: July 26, 2016, 11:37:26 AM
It's pretty troubling that there is no blockchain explorer.


I've noted unnatural market movements for months now. Just somebody straight up dropping 100 BTC into buy orders like they don't give 2 cents about FCT despite a rather large position and why could that be? Almost like they got it for free and it's all profit regardless. Because no investor would do this over and over because it's just stupid. So that leaves creators.


So where's that Blockchain explorer Factom? Are you dumping coins on us? How much have you sold? I'm losing patience with this obfuscated source code and non existent blockchain explorer and this non friendly wallet.

Wait, wait, arent you one of the strongest supporters of the Factom team? Arent you the one arguing with me what I told you Factom team does not give a shit about us, early investors? What kind of attitude is that now? If they re ready not to be transparent about what s going on behind the scene and not respecting M2 deadlines, do you really think they care about your need for explorer? Hahaha, a good one.
2322  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Diamond (DMD) Evolution v 2.0 | Hybrid Security | 25% PoS on: July 25, 2016, 10:55:23 AM
My Wallet is struck at  block 1659433 and it doesn't download further blocks? I am using the latest version (2.1.0.3) and tried closing the wallet and opening it couple of times with no success! What should i do?

Update your wallet to the latest version which is 2.1.0.4 and you ll be fine. You can find the latest version on the page 1 of this thread.

Yep...it worked...thanks for the quick response Smiley


Anytime bud, this is why DMD Diamond s so awesome. Great community makes a great coin. 3+ years and counting.
2323  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] FACTOM - Introducing Honesty to Record-Keeping on: July 25, 2016, 10:07:32 AM
Interesting, the Factom team at the remain support ETH (Ethereum) blockchain or go to the ETC (Ethereum Classic) blockchain? Wink

Etherum classic is just another attempt by another alternative dev team to make some quick money. The market has showed what it thinks about the coin. Huge dump yesterday, 100% down price. It ll continue going down until it dies.

(...)

Funny, Ethereum classic is "just another attempt by another alternative dev team to make some quick money"?

You seem to believe it's a clone-Coin, but it's just Ethereum! It's Ethereum without the DAO-bailout! And it's Ethereum without money backing and it's Ethereum without backing of the market. So, of course the price crashed. That was clear before and those who are behind knew that.

If you want to criticize attempts of making money, my advice would be: Focus on TheDao and why it even existed in that way and on the question if there would have been a bail out if theDAO would've been just a $1 Mio Smart Contract-fail, instead of an overhyped $150 Mio too-big-too-fail-monster.

And yes, most likely ETC has not much chances. But it won't die any time soon. And in the opposite it's not a high price that indicates that Ethereum is healthy. The more I think about it all and about potential intentions behind the rushed out DAO and how it was funded and why the price immediately fell below it's funding-marketcap after launch and before the hack, and if the ETH-market is backed and manipulated by big money or not - the more I believe there could be even more issues that are not seen, yet.

But even if the market should be not backed, they did something that shows priorities. To do a Hard Fork to bail out an application - that's not trivial.

This is a very interesting article about it:


Quote
The unfinished state of Ethereum should have been made clear to its investors – and those who invested in the DAO – up front. No way is it ethical to persuade people to invest large amounts of money in a product whose key selling point is its immutability, then when it goes wrong claim that it wasn’t ready for release and needs to be changed.

(...)

The problem with deciding that Ethereum, and by extension the DAO, are still in development (rollbacks are part of life), is that they are in fact live as far as their users are concerned. Never mind the code, the problem is the data. Data in a live financial system should not be changed. That is true even in existing financial systems. The Ethereum community has agreed to a change that makes their system less trustworthy than a conventional financial system. For a technology that aims to disrupt conventional financial systems, that is not clever.


(...)

Ethereum is only immutable because Buterin says it is. Until he changes his mind. Which he inevitably will, next time there is a major loss. His investors will expect him to, since – y’know – the system is still “in development”. And he will agree, since – y’know – the community is in charge. It’s all smoke and mirrors, really. Now where have we seen this before?

The Ethereum community is painfully learning why, after thousands of years “in development”, banking works the way it does.

http://www.forbes.com/sites/francescoppola/2016/07/21/a-painful-lesson-for-the-ethereum-community/2/#5217270d7efa




Just by the way: If Factom would do a Hard-Fork to bail out an application that is build on Factom - what would be left? A system that nobody could have trust in. If the Factom-team would do that it would be like selling the idea behind Factom.

And that is basically what Ethereum did, with the reason it's still in development while that should have been a reason not to rush out a flawed $150 Mio-App that started with a lot of nice words and idealism about "social experiment" when it really was about money.

It's something especially you could learn something out of it with your complaints about the M2-delay. Maybe it's better not to rush out releases because of a focus on short-term-priorities (money now!). That can damage everything it is about in long-term.

But of course, it's all right as long as the ETH-price is high, right. ;-)


If I would like to criticize attempts of making money, my first target would be Factom! Not cause it s making money but cause it aint. The price s been more less static since the last major pump and the market does not seem to respond to these tiny updates and presentations we ve been receiving during the last couple of months. So, M2 s the only thing which can move the market, one way or another. Cause when Ether team promises a fork and set it up for a particular date and block, THIS HAPPENS. With Factom, it s always around the corner.

About the price, the market, via it s perception of the price, is the only real determinant of value of particular coin or token. The fact Ether is almost 10x the price of Factom, even after this DAO charade, can tell you what the market thinks about Ether vs Factom. You or I can hope and wish for things to be different. However, in the end, it all comes down to the market, right.
2324  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Diamond (DMD) Evolution v 2.0 | Hybrid Security | 25% PoS on: July 25, 2016, 09:30:30 AM
My Wallet is struck at  block 1659433 and it doesn't download further blocks? I am using the latest version (2.1.0.3) and tried closing the wallet and opening it couple of times with no success! What should i do?

Update your wallet to the latest version which is 2.1.0.4 and you ll be fine. You can find the latest version on the page 1 of this thread.
2325  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] FACTOM - Introducing Honesty to Record-Keeping on: July 25, 2016, 05:22:55 AM
Interesting, the Factom team at the remain support ETH (Ethereum) blockchain or go to the ETC (Ethereum Classic) blockchain? Wink

Etherum classic is just another attempt by another alternative dev team to make some quick money. The market has showed what it thinks about the coin. Huge dump yesterday, 100% down price. It ll continue going down until it dies.

The only thing which can make money is DIFFERENTIATION. This is what I hope to see from Factom. Trying to make money by copying another coin and then inventing some reason why that coin is the right one, like ETC does, is pure BS. It just creates confusion and instability in the market.
2326  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] FACTOM - Introducing Honesty to Record-Keeping on: July 24, 2016, 06:01:17 PM
If they dont release it soon, we might see a correction comming, it just aint possible to break the 240 levels properly.

Well, Factom team does not care about the price. But they should care about the deadline. Cause lots of other teams re working on similar stuff.
2327  Economy / Services / Re: [BIT-X.com] Earn Bitcoins by Posting | Signature Campaign on: July 24, 2016, 06:11:26 AM
Good stuff, received payment and everything seems to be in order. Thx.
2328  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] FACTOM - Introducing Honesty to Record-Keeping on: July 24, 2016, 06:09:16 AM
Hmm. I wonder if Paul Snow is getting M2 ready.

https://github.com/FactomProject/factomd/commits/ps-1

It's really starting to look that way. Definitely seems like they're in the "finishing touches" stage. ... Grin

Let s hope it s not gonna take another 3 months. It really does seem to be just around the corner.
2329  Economy / Service Discussion / Re: Genesis Mining: The next failure of cloud mining? on: July 23, 2016, 04:55:51 AM
Once you purchase their contracts, all u do is to finance expansion of their farms. In all my time in crypto, I ve been unable to find a SINGLE person who s reached ROI with them. Big time failure.
2330  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] FACTOM - Introducing Honesty to Record-Keeping on: July 22, 2016, 05:44:55 PM
M2 dealine? Anyone care to guess? How soon can we expect it?
2331  Economy / Services / Re: [BIT-X.com] Earn Bitcoins by Posting | Signature Campaign on: July 20, 2016, 10:07:05 PM
Any news? Bot s reset, that s fine. What about payouts which re due?
2332  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] FACTOM - Introducing Honesty to Record-Keeping on: July 20, 2016, 01:59:17 PM
....and then just before M2 gets released, somebody dumps a lot of FCT. Really do not understand people.
2333  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] FACTOM - Introducing Honesty to Record-Keeping on: July 20, 2016, 06:09:29 AM
Quote
   added exclusive cluster test, more metrics for control panel and clea…  …
…ned up a bit for testnet deployment
https://github.com/FactomProject/factomd/compare/m2-wednesday


TESTNET RC1

https://github.com/FactomProject/factomd/commit/2edc015da95b0f9669e330bf6513ed896e6303aa

RC1 = A release candidate (RC) is a beta version with potential to be a final product, which is ready to release unless significant bugs emerge. In this stage of product stabilization, all product features have been designed, coded and tested through one or more beta cycles with no known showstopper-class bugs. A release is called code complete when the development team agrees that no entirely new source code will be added to this release. There could still be source code changes to fix defects, changes to documentation and data files, and peripheral code for test cases or utilities. Beta testers, if privately selected, will often be credited for using the release candidate as though it were a finished product. Beta testing is conducted in a client's or customer's location and to test the software from a user's perspective.


Excellent, finally something concrete. So M2 is really, really close. Probably within a week or two.
2334  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] FACTOM - Introducing Honesty to Record-Keeping on: July 17, 2016, 08:47:41 PM
Factom series A completed at a $29.1 million valuation, and FCT is trading at $14.2 million market cap. How long before traders realize that? Last time when it was trading at around $1m market cap it took the market 4 months to catch up to the old $11.8 million valuation.


Anyway congratulations to everyone who stuck around and congratulations to Factom team!

I do agree with this calculation. It seems the market values the company much higher then market cap of Factoids. It should not be long before the price doubles.
2335  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] FACTOM - Introducing Honesty to Record-Keeping on: July 17, 2016, 07:54:10 PM
So, when I told u 2 months I ve got info Factom s got cash-flow problems, I was labeled as a TROLL. What s up now my friends? Ha?

Next time, I suggest you listen when I share some info with you. No problem them raising capital, that s fine. The problem is they keep everyone in the dark, as usual.
2336  Economy / Service Announcements / Re: Bitcoin Cloud Mining with HashFlare on: July 17, 2016, 04:14:35 PM
For OP HashFlare

1 THs = $160 =        BTC0.24517390
Daily income around  BTC0.0012
Daily maintance fee   BTC0.0009
Daily profit               BTC0.0003

Can you confirm this? ROI in about 3 years? Is it possible to make profit with hashflare before next halving?
Yeah after halving, I don't see the cloud mining as well as mining is just worth to do for us ! as the maintance fee is high and after halving the profit has also been halved so it will take more then a year for ROI to any amount !

The key is the scrypt miner Wink

Greetz

Not really, scrypt litecoin hashrate has gone up to 1,621 GH/s and growing rapidly. That s over 20% growth since July 14. This is the first time in this year it has increased this much. Which means someone has started introducing A LOT of scrypt miners into the game. I think after block halving, large farms are switching to the next profitable thing and that s scrypt. We ll see A LOT OF action in this field as well. Mining s simply not for small investors anymore.  
2337  Economy / Services / Re: [BIT-X.com] Earn Bitcoins by Posting | Signature Campaign on: July 17, 2016, 04:10:34 PM
still missing 2 weeks

I got 1 week payment.  What I don't know is if new rate took effect and it was possibly included the bonus.  So as of now paid or possibly paid:
1) 7/4 - Just paid
2) Coins_Bank Bonus mentioned - Possibly paid

Unpaid so far is one week but once we hit tomorrow I believe we will be back to 2 weeks again.  So it's going to take a 2 payment's or 1 big paymment, meaning more then 1 week payment put in hot wallet.
1) 7/11 - Unpaid

And I am just guessing on some of it I'm sure Marco can clear it up much more then my guessing.  And bot reset which is nice to see. So thanks Marco! Hopefully we get caught up that would be nice.

yeah the second missed payment is expected for tomorrow, but since the bot resetted to day i counted it for today

The bot reset on its own when it ran out of numbers

Also it still show that old, higher, price per post. So I dont think the team did that cause they would ve changed that as well.
2338  Economy / Services / Re: [BIT-X.com] Earn Bitcoins by Posting | Signature Campaign on: July 17, 2016, 06:35:21 AM
Can someone inform us what is going on with this campaign pls?
2339  Alternate cryptocurrencies / Announcements (Altcoins) / Re: FLYCOIN ANN with POSP ON YOBIT & Bleu Trade. POS 35%. Only 200k coins. RARE! on: July 17, 2016, 06:17:12 AM
Can anyone else confirm POSP works as it should with the new wallet version? Dennis, all systems green?
2340  Economy / Service Discussion / Re: Opinions about Sky-Hash.com on: July 17, 2016, 04:31:25 AM
U do not need to try that hard. One just needs to send them an email asking for photos of the farm. Once they send you their usual BS about not being able to send it cause they re afraid little green men might steal their tech, you simply pass on this ponzi offer and continue seeking legit investments. Simple as that.
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