People are just emotional cause they are losing money now, but just be patient. Now isnt even the best time to launch m2.
The btc is in uptrend to 800$ and when the decline start a anouncement will be much better create much more buzz around m2 launch.

People what if the entry coins go x50 after launch can you imagine the daily burn rate. and a lower price only burn more and will eventually be noticed and rocks the price up again. Be patient let them work and do what they do best.

I agree on the fact some additional info now and then would be appreciated, and i really have no idea why they dont do that. Hiring someone isnt that expansive, but i'm saying that already for months and i dont see that changed anytime soon. And it doesnt change my view about factom.

Maybe anyone of the factom team can give an update about how the testing is going and if there are any problems, im trying to understand github better and better but its just not that easy if your not that comp. technical.

look at what AMP has been doing recently and you will see what a real dump and capitulation is

Factoids were only ever intended as a payment to use the system, not to transfer wealth.
Always amazed FCT has so much volume on polo, where does it all come from?  Usage of the protocol is why Factoids exist and nothing else, these carboncopy tradingbots fighting each other in an echochamber of cups and handles is just noise.

As for polo lending, FCT lending rates have been solid nearly all year, only in last few months is there a huge pool available at very low rates.
Below 0.1% daily see no value in leaving money on exchange, they are highly coveted things by the nefarious. Even if your particular coins don't get stolen you'll still be forced to pay up for it à la Bitfinex

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.

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

This is for crazyivan and everyone else who is perplexed at wtf is going on with the markets???. Maybe my view of things resonates with some of you.

This is how I view the markets:
It is incorrect to say that price follows news. I think it is more correct to actually say news follow price but that is also not the entire truth. Price has a tendency to actually "unlock" news. Good times (price trending up) produce good news, bad news get ignored. Bad times (price trending down) produce bad news, good news get ignored, shrugged off.

The market can be viewed as waves in an ocean. Not that market price action is like water but more like water is a good medium that visually shows the movement of energy as it passes through it. For example in this simple animation - https://www.youtube.com/watch?v=7yPTa8qi5X8
The water does not really move, it is just energy that passes through it because if water moved it would carry the red ball with it. You can make that experiment yourself in the sea or ocean.

So price movements show a wave-like pattern to it. Look at any price chart, at any time frame. This means that as with water it is energy passing through that creates the waves not actual physical water moving (water movement in oceans is brought about by currents but leave that aside for now). The driving force of markets is human passion, it is the energy of human emotion and the ups and downs that come with it. The market is made up of 1000s of individuals who compose this super average being (or "Mr.Market" - B.Graham). The price chart is the emotional state of this creature in time. Every market has its own collective characteristics that make up this "being" - this gets influenced by the personalities of people who actively trade in that market. The gold market has a distinct "being" or characteristic, the oli market has one, the apple stock has one etc.

So since I simplified the market down to a single human (being) level, I can now try to draw parallels from my own life to spot patterns to understand this creature better. Know thyself and you will start to understand markets.

As a human I find that when I have negative periods in my life (and these do come in cycles) there is not that much that I can really do to "get better". Often the best things is to just ride it out. The strong tendency in those periods is to view the world in negative colours. Much easier to see bad things than good. So good things happening to me might only have a diminished impact on my mood. On the other hand, when I am happy, ectatic, I see only positive things. Even small good things might get me excited. Also I might even start to view bad things happening to me as not really that important, I shrug it off.

Both, the negative mind and the positive mind have the ignorance of not seeing the other side of the coin. This is also why the "balanced" mindset is the most profitable one for the trader since from a balanced (emotionally) point of view all the positive and negative aspects can be grasped and evaluated more truly.

To analyse the current situation in the cryptomarket:
There is currently a big Bitcoin wave. The capital in the crypto space is very limited, not enough to go around. When Bitcoin starts to rise it will suck up a lot of capital, since altcoin space is a very easy place to get it from. Bitcoin is ruthless in that matter. This makes altcoins shit the bed.
BUT this will also change. Soon Bitcoin will breath out that capital again and that will have a good chance to ignite a nice altcoin bubble rally. When that will be? I do not know. If I had to guess it will depend on whether bitcoin breaks the ~$775-780 area or not. What I do know is that right now there is a huge sale of altcoins going on that will probably produce nice profits sooner than later.

I m getting a bit restless regarding this constant testing and testing. Factom s been testing since when, since March?

l m pretty sure fct will explode to eth highs,before going ATH do you think fct might see an other leg down to .015-020 on D chart ?
a bullish three drives might played out before m2 release.

Thanks

Everyone can see there is a new handle being formed between 260-330k we will stay there untill m2 or after m2 when more big companies will join fct.

And oh boy i cant even say where it will stop but deff much higher then eth's run

So people keep selling ur fct i would love to take them selllllll give me moar

$400? My friend, I ve been into crypto long time. I ve been invested into at least dozen coins. Do you how many of these coins s had people on their forums expecting similar price. Every single one. Do you know how many reached this number? Not a SINGLE ONE.

I know you re going to say this figure s based on fundamentals and calculations. Still, Statistics s against this one.

I think this is indeed guessing, but it shows the value factom can bring. with 100 company's like this were looking at 1 bn a day and thats a easy 400$ factoid price.

But yes all just guesses but im happy i got equity and factoids.

This is a big deal, SmartTrac is the largest RFID provider in the world and currently produces 2.6 billion transponders annually and growing. After Dloc integration that number will likely rise and be backed by the Factom blockchain; pretty impressive news past few days or so regardless of what some daytraders on polo think.