No, it's not. But at least it is one of many signs that Factom is on a really good way and taken seriously. Why? Because it's obvious that Factom is not just about future promises. The team delivers, is highly active and I never saw a project that is so thought-out in every aspect.

With that said: It's not possible to compare a PoS-Coin that started 2 weeks ago with some promises with Factom and to say that it would do more with less money and all the nice words. I don't say it's not with good intentions, but while it's easy to sing the correct words of "I want it all" it doesn't make anybody to Freddie Mercury. ;-)

Great song btw: https://www.youtube.com/watch?v=hFDcoX7s6rE

I'm waiting for FactomDark.

With the promise to record maybe-(not)existing-data and nobody will ever be able to find it anywhere, or to figure out if it really exists, and it anchors in DarkEther and some other shadydarkscams.

Maybe I'll do it myself, because if it's done right it won't even need code, just dark magic!

As far as I know Milestone 2 is intended early this year. My guess is that it's about weeks or maybe just days, not months. Because: High activity in the github, even on weekends:
https://github.com/FactomProject/

I just would be concerned if there wouldn't be updates in the github but vacation-pics on Twitter. ;-)


Milestone 3 is about the federated servers and in the interview Paul Snow said, that they intend to start with 8 servers, and that they aim to start with that also in the first quarter of the year if I remember it right, and then to grow until the full system with federated and election server is running.

And if we look at the price, Milestone 2 could turn out as perfect timing. The chance that Milestone 2 will have positive impact on the price is higher if it has some time to settle a little bit - and the volume is great. If people fully understand how important Milestone 2 will be to give access to the system we could see another price-jump. And if not - they will understand right after some good news as a result and I have no doubt that there will be a lot of good news.

 

There are just some claims what they would like to be and to do, but it's a simple PoS-Coin and not really a competitor of Factom. There won't be any reaction.

#SE2E01 Factom with Paul Snow
This is the interview of Paul Snow from Factom. Great interview that covers most aspects of Factom.
https://www.mixcloud.com/dogedradio/se2e01-factom-with-paul-snow/
https://twitter.com/dogedradio/status/690268452704129025

I would bet some FCT's that there will be a video on YouTube soon. ;-)

United Kingdom To Adopt Blockchain Based Governance


(...)

Simon Dixon also mentioned Factom, that is developing an infrastructure that would help a government interact with the Blockchain, which is the most secure way to store data: “It’s really a question of shifting their mindset and recognising that storing your data on your own centralised server is more subject to hacking, identity theft and corruption than storing it encrypted, shredded into pieces and on a secure Blockchain.”
http://cointelegraph.com/news/116087/united-kingdom-to-adopt-blockchain-based-governance

I believe they have given up weeks, maybe months ago. It's just about concealing that. And it's not the most stupid move they could do because when time goes by and the price falls slowly people just get bored about it. There won't be much attention. In Germany we say "Im Sande verlaufen lassen". ;-)

Yes, agree. Too much about "bottom",  "placing buy orders (...) looks attractive".

It's just that they have to handle the ugly reality. If they were legit about it, they wouldn't even talk about it's price. The price never was an indicator because it was highly manipulated and even without the buy-walls it is still manipulated because of the distribution. If "just" the > 100 Mio Neu's would be really distributed the price would be much lower.
 
But, it doesn't matter. There are a lot of dead projects, this is a walking-dead-project.

Positive also: I check the Block Explorer nearly every day to see how much FCT's were converted into Entry Credits and out of the system. From yesterday to today it was about 84 Factoids if I'm right. Total Factoids now: 8,753,734

Don't know why, but it's the highest number I recognized in such a short time frame.

I'm not sure what you wanna say and without any arguments for the funny implication above, it's unfortunately OT to discuss Factom here.

But, if you would like, join the Factom-thread: https://bitcointalk.org/index.php?topic=850070.0

Point is: They definitely made a random selection. It's about 62,000 addresses. It's like handing out flyers to 62,000 random people. To imply there would be close connections to everybody who received the "0.0005 BTC - flyer" is absurd.

Don't be that naive. Factom used this method to get some attention and if you do the math, you will see:


Approximately 31 BTC / 0.0005 BTC = 62,000 "Dust-transactions". Even friends of mine got a little surprise from Factom without having connections to Factom or being invested.

And no, to be recognized as supporter of blockchain-technologies (because somebody obviously has a Bitcoin-address) doesn't mean what you would like to imply with: "recognized as early adopters or supporters of factom foundation and could even be among backers of their ico. Or they themselves could work at factom."

Or do you believe Factom recognized early adopters of Factom by sending 0.0005 BTC to approx. 65,000 random addresses?

That's ridiculous.

And again: They didn't say that. Johnston said:

"The reason the Factom team sent these bitcoins out is to recognize you as an early adopter / supporter of new blockchain technology projects. (Your address was among many on the bitcoin ledger who previous supported other community projects)

We hope you will check out the Factom Software Sale and use this bit of bitcoin to claim your first Factoid(s) and thus be able to join our community as a beta tester / early adopter. "

He also said:

"If you aren't interested, that's cool just keep the BTC as a small tip for being an active part of the community."


It's called advertising. ;-) 

No need to worry for Investors. Cointelegraph shows a price of 3.01 Dollar.

But, to be serious: The team has no chance against the stupid design. If they would pump it up they would need to invest some BTC and nothing would change. The price would be up but, what to do with that? Whenever they would like to distribute the dust it would crash again.

By the way: Did somebody ever look into this?

https://www.walletexplorer.com/wallet/12d7ed76da921d11?from_address=3MrNuksZ1VePU3dGiSQFiouWerJUJgDkfH

It's the ICO-Address. What's interesting, but I don't know what it could mean: It seems that a lot of transactions go to Bitphone.net.

Any ideas about that?

Yes. If you look at the prices you see some Coins that are cheaper and some are more expensive on Cryptsy. People try to dump those they can't withdraw to go into others they hope to get out. With other words: Cryptsy's problems distorts some prices. We will see what happens when it's really over with Cryptsy. Could be that it will damage some projects.

Nice! And sure, Poloniex has more volume but Bittrex isn't that small. Just not much FCT on there right now.

But first: Happy Easter!!!!

Nearly everybody who is in the market for some time now has lost money in it. In germany we say "Lehrgeld" ("education-money") ;-) What I mean with that: It's still a very young market and even if we lose some money there are good chances that we also see the good opportunities early and make it more than just back. In 20 years we will have a lot of good stories about this wild-west-market ;-)

Btw: I have about 70 LTC frozen in Vircurex since early 2014 and there is zero chance to get it back. Others lost a lot because of Mintpal, not to speak about Gox. I just hope Poloniex is stable.

Yes, that's the problem. It seems they have multiple strategies to "fix" somebody (more somebodies money) so he can't do anything. They close one door after another and that says something about their own situation. But maybe you'll have luck and get your coins out.