I'm not wondering about this numbers lisk.io vs factom.com since Lisk is a 100% community oriented project, while Factom aims at the enterprise market. Moreover, lisk.io is hosting a webwallet which brings a lot of visitors to their site. You're comparing apples to oranges  |
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Looks like they are expanding more to Japan. I just found out they have a jp version of their website: http://www.factom.jp/Did they ever mention Japan in any interview? I'm a bit surprised at the moment. |
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Love this coincheck visualization:  |
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Is this a sport betting...token? Coin? Own blockchain? Could you elaborate more on this, please? Also, if this is about sports betting - how are you validating the results and how can the user? Are you sure WAVES token functionality is released until ICO ends?  |
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These guys definitely know how to do business. Hats off!
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And now? Price will react?
More investors come or is just another promises?
The price will only rise when their pump group wants it to rise. There is no demand for Waves at all. I also fail to see how the twiggy post, so called partnership is fantastic news. Can anyone let me know how it is fantastic news please? Just a quote for ppl too lazy to read the whole article: Waves: infrastructure for Incent
The Waves platform is critical to the success of Incent, since it will provide the blockchain infrastructure for token issuance and trading. Waves’ decentralised exchange will allow individuals and businesses to trade tokens against national currencies – rather than existing solely within the walled garden of a controlling business – and allow BitScan to issue Incent tokens as required. Similarly, BitScan will bring significant commercial exposure and transaction volumes to Waves. ‘We are very pleased to be able to announce such a major partnership,’ says Waves founder Sasha Ivanov. ‘This is exactly the kind of use case we anticipated when creating the platform and we are consequently working closely with BitScan to provide technical assistance and further support in any way we can.’ |
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If you want to follow Factom more closely we recommend following us on: The above channels are were we are most active. Let us not forget this post. Nice. Case closed. I hadn't seen that ... I would say FAR from case closed.... The twitter feed is ridiculous: 2 (yes, 2) tweets and 7 (yes, 7) followers. You're looking at the wrong Twitter account. Look at this: https://twitter.com/factomOver 6k followers and 1.7k tweets I'm looking at the twitter feed that the Factom group itself gave me a link to look at. Another example of poor public relations. It's 2 months old. On that old feed is clearly stated: "This account will be discontinued follow us @factom from now on." |
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If you want to follow Factom more closely we recommend following us on: The above channels are were we are most active. Let us not forget this post. Nice. Case closed. I hadn't seen that ... I would say FAR from case closed. The blog has had only 15 entries in all of 2016, and half of these were routine announcements of 100K entries, 500K entries, release of versions 0.3.5/6/7, and announcements of hackathon events sponsored by Factom. The blog entries and the Facebook entries are totally uncoordinated. The YouTube videos (such as they are) get only around 400 views. The twitter feed is ridiculous: 2 (yes, 2) tweets and 7 (yes, 7) followers. Factom is a huge organization ny Cryptocoin standards, listing 24 people on their team:
https://www.factom.com/team/Huh. They've even got somebody that is supposed to be doing "communications". You're looking at the wrong Twitter account. Look at this: https://twitter.com/factomOver 6k followers and 1.7k tweets |
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The first one are test entries from Factom, the latter are real world applications. |
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Snow: “The token supply can grow (if speculators drive up the price) until the price stabilizes. And the token supply can fall (if speculators drive the price down) until the price stabilizes. But in both cases, the stable price is when the value of the token matches the money real applications are spending to buy Entry Credits in order to put data into the protocol. That is because the 73K factoids generated each year naturally trends to the value of the factoids drained from the supply to write into the protocol. If people are spending 1 million dollars to put data into factom per year, then 73K factoids should be worth 1 million dollars.”
Can you link to where this quote is please? It's from an AMA: https://forum.bitcoin.com/ama-ask-me-anything/i-am-paul-snow-the-architect-of-factom-and-chair-of-the-texas-bitcoin-conference-ask-me-anything-t4026.htmlActually this is an interesting quote to zero in on. We've been discussing off-and-on what a "natural" or fair price for FCT would be in the future, and this quote seems to provide a strong clue. Given the price-stabilization that Paul Snow mentions, it should, I believe, be possible to deduce a FCT price based on various level of system-use. Fsr I'm having a tough time wrapping my mind around how exactly to do this ... but if someone could provide test examples of moderate/reasonable Factom use in the future—based on current usage trends, etc.—it should be possible to reverse-engineer what the prices of FCT would be in order to maintain the price stability Snow mentions. So with light / medium / heavy use over the next, say 5-10 years, FCT should be worth X / Y / or Z. Thanks to anyone able to give this calculation a crack. I give it a shot  Exercise: how must the value of 1 FCT be to hold the current marketcap of 21m USD depending on Entry Credit demand per period (73k new FCT per month or year)? We know: 1 EC: 0,001 USD 1 BTC: 600 USD FCT supply: 8,753,219 Marketcap (general): supply * value * BTC_usd Marketcap (current): 8,753,219 * 0,004 * 600 = 21,000,000 As 1 EC costs 0,001$, 1000 EC cost 1$. When someone buys 1000 EC then factoids worth 1$ get burned. Formula: (demand_in_k_ec * 1$)/(value_fct * 600$) Insert this into the marketcap formula: 21,000,000 = (supply - ((demand_in_k_ec * 1$)/(value_fct * 600$))) * value_fct * 600 With 73k extra factoids created during this period: 21,000,000 = (supply - ((demand_in_k_ec * 1$)/(value_fct * 600$)) + 73000) * value_fct * 600 value_fct(x) = (21,000,000 + demand_in_k_ec) / ((supply + 73000)*600) After x cycles of 73k fct creations and fct burning: 21,000,000 = (supply_x-1 - x*((demand_in_k_ec * 1$)/(value_fct * 600$)) + x*73000) * value_fct * 600 value_fct(x) = (21,000,000 + x*demand_in_k_ec) / ((supply_x-1 + x*73000)*600) As it is unclear whether 73k FCT are newly created each month or each year, here are both variants:   What you see are the needed prices per FCT to hold the current total marketcap at a given EC demand per month. According to https://docs.google.com/spreadsheets/d/1RUZLxxoAfT3C5jIJ144DLYdztYe_sqrKqbTlZuD05-s/edit?pref=2&pli=1#gid=445871101 the last 10 days had an average of 31000 new entries per day. Which is approx 100k per month. And the system is not yet even in production Tip me if you want: FA37G4zPpbaxEZXXqV8HASZFFcJV4jguXkyKR5c1iP7F3AutVhXk |
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Thx for posting the AMA link! In this context I want to point at this answer: Factoids are converted to Entry Credits. Then Entry Credits are used to access the protocol. So the accounting is ... odd. Cannot say how many are consumed per day, but we can give you the starting supply and the current supply. You can go to explorer ( http://explorer.factom.org) and click the directory blocks to see the Factoid supply at that time. We started at 8759968.58633800 Currently we are at 8754356.73644919So about 5000 factoids have been used to buy Entry Credits since September when the protocol went live. At about 10 cents a Factoid, that's about $500. Right now about 23 to 26 entries are written into Factom every 10 minutes. Most of that is a data feed which documents the Bitcoin and Factoid prices from Poloniex. We are adding more data streams to Factom. These can be used by applications to access market data, and potentially be used as oracles in smart contracts. I searched within the factom explorer for the current supply but wasn't able to find it. Anyone else? That quote is from Dec. 16th, 2015. So probably the supply is now much lower because the amount of entry credits used since then grew a lot. According to cmc it is now at 8,753,219 FCT which is only 1137 less. Maybe this info is outdated? |
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Factom is finally booming and jumping a lot.
dull Nice, and we can see more and more development in this project. Ahh, that´s nice. I´m here for the long term. 1.50$ or 1.90$ ...whatever!  May be more higher price, it has potential like eth, 0.01+. It will be a good dream comes true. Marketcap is still just $20m which gets every fart coin today. By considering the maturity of the company behind, partnerships, developments and usage potential, a top 5 position can be anticipated within the next year or two. That means 0.04+ BTC per FCT. |
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When you've given somebody money and they say they don't care about the price that's disrespectful period.
This is the key sentence! Think about it: there are company investors via bank of the future and factoid investors - which type of investor gave money to Factum Inc. and which one didn't? |
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and YET ANOTHER share offering from Factom. Factom is a bottomless pit of spending that generates NOTHING of value. Just one fund offering after another, while they put out periodic hype updates using the latest buzzwords. Oh look, Ethereum had success with smart contracts, time for Factom to add smart contracts, maybe that will hype the price  May I ask what's your vision of future blockchain development? Is it stagnation with what Bitcoin is? On a side note: if you had read the news accurately, you've noticed that Factom is not introducing smart contracts. Moreover they're building a trustworthy data source of non blockchain data (aka oracle) to make them accessable to smart contracts on other platforms. But why do I tell you this...you don't seem to be really interested |
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can an address hold more than 3.8T now ?
The maximum number is 3.812798742493Ti. How much in BTC is that based on latest confirmed trades? |
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hello! i complete forgot that i invested in the beginning of nem some nxt. i got 2 token where i should get my stake from this url https://chain.nem.ninja/stakes but this doenst work. is there still a way to get my xem??? thx a lot! Sorry, but this isn't possible any more. Redemption phase ended a year ago or so  |
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Neat! But they should split up the explorer in two pieces: one for entries and one for transactions. I have no idea how to navigate here. How did you come to that tx and how can I follow the flow of transactions? Both ongoing and prior. Anyway now I got some sleuthing to do and thanks. Is it correct to assume you need a FCT adress first to search here? Would appreciate a quick guide on how to use this.
FCT transactions:1) open http://explorer.factom.org2) click on a block 3) scroll down 4) click on "Factoid Block" ( http://explorer.factom.org/fblock/6231b2f1c0124c141043f47be3ebffe0e0cc7c5be9266b6cea1294de54b75691) 5) scroll down again 6) click on an entry row 7) click on an address to see its transactions From there it just behaves like any other explorer. And you are wrong as Bill Gates has sold shares of Microsoft but he still believes in Microsoft so that argument is useless but let's not get into why people are selling something as it could be for many reasons. And sure they get salaries but they also have FCTs as bonus which has appreciated in value more than 1000% in less than a year. As a working stiff with a sound risk appetite surely this is enough to bank. I find it odd that you find it highly unlikely this has occurred but well who cares. It's a bit icing on the cake you speak about 'plain logic' but I guess plain logic to everybody is holding 'magic internet money' at 1000%+.
And if you knew a few things about trading you'd know this is not 'without basis'. And it's not 'FUD'. For me it's about investor protection since I am indeed a investor. A blockchain explorer that is easy for everybody to use and a user friendly wallet as well as a statement from Factom what they will do with their FCT in the future is not only protection for us but will attract other investors and contributors as well.
It's just because right now the whole Factom thing is gaining more and more traction. Why on earth should someone sell now if it's clear the value will be x-fold in a couple of months. Except...well if there are insider information available that nothing will happen for the near future. Cryptocurrencies are a bit of a legal grey zone because owning coins doesn't mean you own a share of a company. On a regular stock market big holders/founders/managers are forced to announce their trades to the public afaik. At least in germany. Is there anything comparable in the US? Nevertheless, I'd be highly surprised if crypto assets would be affected by these laws. Otherwhise nearly 100% of blockchain developers would have to code in jail |
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I'm going to disregard your bait post and simply say: a blockchain explorer is common sense in crypto and it gives investors protection and being able to independently verify movements and the blockchain and things like total amount of coins and distribution without downloading the client. Your post is ridiculous as it is like the 2nd or 3rd thing you look at as an investor in crypto. I shouldn't need to trust anybody when we have blockchain technology. We as investors need a blockchain explorer and you can't convince me otherwise. This is ridiculous. And there is no FCT transactions in the "explorer" it is simply entries. That was removed months ago for a reason like selling coins. I don't care about your silly agenda, it is simply ridiculous that there is no blockchain explorer period. Bad for investors.
I explained to you how to use the block explorer and how to see factoids movements. Right, so show me a screenshot where you see FCT transactions back and fourth. That is only entries. And you want me to use Bittrex distribution as the richlist, when they represent less than 5% of the daily volume of FCTs. That is simply not good enough. There should be a blockchain explorer for every investor be able to independently verify the movements of FCTs. I'm asking for a blockchain explorer and it is ridiculous that you are making a big deal out of it. We as investors need a blockchain explorer for FCTs. It is for protection, prediction and allows for everybody to enjoy blockchain technology in a simple way. Yes, forget the Bittrex richlist. Factoid Transaction: http://explorer.factom.org/tx/1314d888316970f0c6262ba62d1a404f1f34c33ac0c8d92ac625d02ac6e8552aAlthough, I highly doubt any Factom founder or early team member would dump any coins right now. That would only make sense if that person has urgent financial problems (what is unlikely since Factom Inc. has enough funds to pay the employees appropriately) or if they lost trust in their own idea - which is also unlikely if you look at the processes made in code, partnerships, funding and media attention. Every big holder, especially when directly involved in the project, would not dump at these low prices at this volume level. That's just plain logic. Other accusations are just FUD without basis. |
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I'm going to disregard your bait post and simply say: a blockchain explorer is common sense in crypto and it gives investors protection and being able to independently verify movements and the blockchain and things like total amount of coins and distribution without downloading the client. Your post is ridiculous as it is like the 2nd or 3rd thing you look at as an investor in crypto. I shouldn't need to trust anybody when we have blockchain technology. We as investors need a blockchain explorer and you can't convince me otherwise. This is ridiculous. And there is no FCT transactions in the "explorer" it is simply entries. That was removed months ago for a reason like selling coins. I don't care about your silly agenda, it is simply ridiculous that there is no blockchain explorer period. Bad for investors.
All you do is trolling now. I explained to you how to use the block explorer and how to see factoids movements. I won't repeat myself. |
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