Same here they are under DDOS when I accessed this website it's always offline for me. Should I withdraw my fund out? I'm confusing.
If you feel uncomfortable , you can withdraw to your own wallet and wait for Poloniex fully established. But for me this situation are not strange as long as they keep updating what actually happened we can still trust them. Ddos attack frequently happened we can still trust them, but once they say they are hacked we must start worry  Words of real wisdom. "Once they say they re hacked, we must start worry". Bravo! |
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Is my math correct? Current price, btc .0050903 roughly $2.10 = 2100 EC. If servers were online 75k tokens per month would generate at this price $157 500.00 you'd need to have 157,500 000 entries to burn that amount.
Do you guys have use cases that require millions of EC's per month? just curious:)
When the Factom explorer went live on 09-01 there were about 8759965.42635400 factoids. Now there are 8753230.36770280. So around 6700 burned in a little more than 6 months or about 1000 per month. And not much is going on but testing. Point being, I suspect we'll be seeing deflation before too long despite the 73,000 factoids being created per month. ATM, there s no 73k Factoids created per month. Current inflation s 0. This inflation scenario will kick in the future to balance supply and demand. |
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Yes, exactly. This is why I hate Polo for letting bots artificially inflate coin prices. But I guess that s industry too, Polo makes money on trade fees so they greet speculators with open arms. The rest of us can follow the wave as I do or gather Factom like hamsters and wait for the next pump. If you dont like speculation then perhaps you should not buy any asset - crypto or another - and check the price every day, but just buy it and go away for at least a year. speculation is what thrives the market. A really good speculator has a much more sober view at the true value of an asset than the average joe and is immune to hype, Fud or Fomo. Those are the guys that invest in Apple or Microsoft Shares when nobody else knows what a Home PC is. And FCT, as any other coin, profits from a 500% bubble -even if it deflates later on- much more than if it stays in the lows for months. We can be happy that we had a strong one and look forward to the next one. It shows the interest of the market. There is no linear growth. I disagree big time. 99% of speculators couldn't care less about Factom or any other coin and its features. All they care about is buy low and sell high, regardless of whether they disrupt the market, create FUD, distort prices or even scare away half of the holders. They just care about one thing and one thing alone, MAKE MORE BTC. Not Factom but BTC. This means they will intentionally stage pumps and dumps to serve their own interests. This pumps and dumps usually end with noobs and new entrants in Factom market losing a lot of money due to artificial volatility created by these speculators. Once these new entrants lose money, they leave Factom market and never come back. So how is this artificial volatility good for Factom or any other coin? Pls explain it to me, maybe I have missed something along the way. If we take BTC as an example, any serious financial portfolio manager will advice serious investors to stay away from these volatile markets cause they can lose everything in a day. So, until BTC becomes more stable, it ll never be considered as serious asset by the Wall Street and City guys. Why would it be any different with Factom? There s big difference between growth induced by innovations and overall progress and speculation induced growth. |
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yep, speculators left and rebuy in the high 20s  Yes, exactly. This is why I hate Polo for letting bots artificially inflate coin prices. But I guess that s industry too, Polo makes money on trade fees so they greet speculators with open arms. The rest of us can follow the wave as I do or gather Factom like hamsters and wait for the next pump. I bought a lot fct also just today at 500k satoshi, eventually i dont wanna miss the train like many did with ethereum, thinking to invest 1 btc every month at least into factom. Eventually the usage will determine the value not the speculators, 73k coins will be equil to the usage. Well, in theory yes. However, you know how many coins have been trying to repeat that same mantra. It ll provide widespread usage, widespread adoption, people will buy, services will grow. You re in crypto as long as I am and I m sure you can name dozen of similar projects promising the same success. How many of them have actually delivered? Until I see Milestone 2, I m not gonna buy anything above I have ATM. I may even sell. |
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yep, speculators left and rebuy in the high 20s Yes, exactly. This is why I hate Polo for letting bots artificially inflate coin prices. But I guess that s industry too, Polo makes money on trade fees so they greet speculators with open arms. The rest of us can follow the wave as I do or gather Factom like hamsters and wait for the next pump. |
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... Thank you, I did it. However, I can't see how can it be possible that poloniex.com works and www.poloniex.com doesn't. polonex.com and poloniex.com are two different things, if you are logged in poloniex.com you are not logged in on www.poloniex.com, basically the verification emails that are from poloniex are with "www" before. But this has nothing to do with DNS, as far as I know. Not related to his DNS issue, they have been under heavy DDoS attacks the last few days. It has been resolved now, as it seems. |
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It seems bunch of bots and speculators has left Factom, finally. We need to build the price on solid ground, not on pumps and dumps staged by the slime of crypto.
I disagree. Bot is working now. Now just see and hope whales turns out soon. I think speculors are just waiting for a sudden change market. In this situation we can't make soild ground.  Total buy ledger was over 1000 BTC a few days ago. Now is about 400 BTC. Lots of speculators have left the market cause real buyers and holders buy now, when there s blood in the water. |
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It seems bunch of bots and speculators has left Factom, finally. We need to build the price on solid ground, not on pumps and dumps staged by the slime of crypto.
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It s worthless, in terms of traffic, completely worthless.
Sorry to disappoint you but I really do not see anyone using that domain for anything serious.
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You have GOTTA be kidding. Really? Faucets? Who has ever made any money with faucets besides people who hunt hundreds of referrals. This seems to be your only goal. So, piss off.
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Cmmon people, trouble with Bit-X payment has been going on for over a month now. It s really time to sort it out. Pls do it.
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Again speculators step in and bring the price down. I wonder would it better for people to stop buying Factom, reduce the price big time so these assholes move away somewhere else.
Speculators will always be, an integral part of the exchange. The only thing that raises the rate of FCT is within 2 weeks of the developers Factom finally finish testing Milestone2 and complete this work in the specified period of previous to the end of the 1st quarter of 2016. Now everything depends on the Factom developers, if it will keep their word, and to complete their work before the end of March and will launch Milestone2, if not, and developers Factom will delay the release of Milestone2, this would undermine the authority of Factom and adversely affect the course of FCT. Many will just be disappointed, many will simply sell FCT and go into Ethereum. Factom developers time to think about it, that's enough stall for time, and so for a long time to test Milestone2, it's time to have him run it !!!I disagree. People buy Factom cause they think it ll repeat Ether price jump. This is all based on speculation. You know how many holders actually knows something about Factom and Milestones? Maybe 5%. Why is that? Cause dev team keeps us in the dark, marketing for their current and future holders is 0. Big time 0. Damn, you and your posts are the main source of Factom info on this forum, number 1 crypto forum in the world. All they do is say, we dont need to promote, we dont need to move thread where it s more visible, we re happy this way. Well, my friends in the dev team, I think its time tor realize it s not about you, it s about what Factom community wants. If you want to make Factom a successful project, you need to understand that customer/user/client is ALWAYS right. |
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Sure they re up. There was never any doubt they would be up. Not every exchange is Mt.Gox.
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Again speculators step in and bring the price down. I wonder would it better for people to stop buying Factom, reduce the price big time so these assholes move away somewhere else.
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Your friend seems to be quite an asshole for recommending you a scheme that will rip you off in short period of time  This. Be very careful where you invest your money and trust no-one but your own analysis. |
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I think nothing major s going to happen until we reach the last month before halving. Then crazy stuff ll start.
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This kind of FUD brings no good to crypto community. Wait and see everything ll get sorted out.
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last talk i saw on site chat was
that then end could be near for the worlds
oldest existing Bitcoin exchange!
Why s that? Cause u saw that on a chat??? |
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I fully agree about Milestone 2. That being said, it would be crucial for the team to deliver Milestone 2 on time. It would be a very strong credibility boost and credibility and reputation s everything in crypto.
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I would reinvest them to make them into 100 bitcoins. My target would be to reach 500 bitcoins as that is the amount I would need to change my life. So keep going and keep generating more with it. Money makes money, same thing with bitcoin, more you got more profits you can generate. When you reach your target then you can spend some on luxuries too.. I am 499.8 bitcoins away from my target lol. Haha. Also I guess the price should be at least 2k per BTC. Million bucks in crypto would be nice. For a start.  ))) |
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