what is your opinion about the fact that such an amount seems to be so centrally owned by a hand full of people
For one I'd be terrified if people in the company didn't own some FCT. It provides incentive, you should hope they own as much as possible. Secondly, you are ignoring the fact that the top account is worth 5X the second account. It's widely assumed to be the Poloniex cold wallet. Now where are the other exchange wallets? Thirdly, It has no underlying PoS, large bagholders present no threat. FCT isn't made to be a currency that transfers wealth, it's a software license, by holding FCT you are expecting that people will use the system to make entries. I think you are right. first one is Polo of course. Second could well be bittrex. Other bigones are likely some Factom founders. They won't sell early anyway. For the rest is pretty spread out. By the way. suddenly a massive buy wall is forming on Polo... I expect a big swing up today and pretty soon. Becareful with big buywalls, they can have two reasons. 1) He is lazy and actually wanna buy. 2) He wanna sell into the people putting buy orders above him. Cause if you wanna buy that much you should never do it like this, cause people will just keep putting orders above you. So i guess the second option is my pick. Doesnt change the fact factom is great, but still its strange to buy like this cause you make it harder for yourself to buy cheap. and 5 minutes later...... |
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what is your opinion about the fact that such an amount seems to be so centrally owned by a hand full of people
For one I'd be terrified if people in the company didn't own some FCT. It provides incentive, you should hope they own as much as possible. Secondly, you are ignoring the fact that the top account is worth 5X the second account. It's widely assumed to be the Poloniex cold wallet. Now where are the other exchange wallets? Thirdly, It has no underlying PoS, large bagholders present no threat. FCT isn't made to be a currency that transfers wealth, it's a software license, by holding FCT you are expecting that people will use the system to make entries. I think you are right. first one is Polo of course. Second could well be bittrex. Other bigones are likely some Factom founders. They won't sell early anyway. For the rest is pretty spread out. By the way. suddenly a massive buy wall is forming on Polo... I expect a big swing up today and pretty soon. Becareful with big buywalls, they can have two reasons. 1) He is lazy and actually wanna buy. 2) He wanna sell into the people putting buy orders above him. Cause if you wanna buy that much you should never do it like this, cause people will just keep putting orders above you. So i guess the second option is my pick. Doesnt change the fact factom is great, but still its strange to buy like this cause you make it harder for yourself to buy cheap. |
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In my Opinion, Bitcointalk really needs a Option to Ban anyone from the Thread that they are trolling. This will help many newbies bcoz they do what they see Old members do or tell them....
No we dont like centralized decisions  we likr freedom thats why we support crypto  Also Factom is recovering good. There was a nice volume and movement Yesterday. Soon it will be where it belongs to (above 300K), Not below it...
I think this depends mostly on bitcoin atm, will it break up or down. |
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The smart move will be for the team to launch M2 after BTC is truly in a confirmed decline back to the low 700s.
Hopefully this happens in the next week or two.
Then one could ride the confidence.
So far the volume of bitcoin went down, but the resistance not yet broken support at 5300 was hold and now going slowly up again. Sold small of my long margin i opened at 210 for 266 (so indeed all people that didnt listen to Papou made a nice return. Now im short term biased depending on btc i do see btc have a nice run up this week at least to test 5400. |
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Lots of interesting thoughts on the threads, it's just too bad that they are polluted or have to stem from some ego battles.
Factom has all the key to succeed: new techno, solve real world issue, influential people's support, a dedicated quality team, first on the market. The only credible competitor atm is apostille, which is currently dwarfed by Factom's prestigious supporters. Apart from altcoin dedicated newpapers, have you read a single article on Apostille?
It's obviously a long term holding. The price won't skyrocket overnight. So there is just no need to whine about the short term fluctuations of the price.
I'd gladly mute/ignore some people but from time to time, they have interesting thoughts to share. Let the fudders fud, and the hyppers hype. The readers are grown enough to judge.
Its just sad its only about the price nowadays and not about the news. |
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Yeaa recovery to 230k now and buy support for moredumpage. Do what you guys want
Im glad you think your so perfect guess you should be a huge whale by now. lol. Glad to pick up some more 100 coins every k it goes down. |
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It just annoy me that oke he can have hes own view, but he repeated it 20 times last pages and maybe scare people that will panic sell. He might be right or he isnt its unpredictable now with btc to rise or drop. Let's say that our 'wise guy' Papou is right about 150K. He just doesn't mention that BTC is at 10.000 USD then  Hehe, FCT buy side on Polo s rapidly recovering. Over 400 BTC again. This means the market has changed sentiment compared to yesterday. I agree it looks much better then yesterday, i think we will see a recovery very soon and a m2 will be extra boost. |
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Papou then why did you close your SHORT if you strongly believe that factom will dump to 150k as i say guy, this Papou is a troll. I have observed him for almost 2 months in the cryptopia slack . His job is to ask people to buy Peak and Sell at bottom so he can take advantage of the naive investors one of the type of people which i hate the most. A real Jerk  This was a good return for me, I'm not greedy, I've lost out on plenty from not taking profits. But please explain what you have seen me say and have done the opposite, please tell me. Why don't you get im trying to help you man How can you help if you serieus cant know were it is going? 1) Do you know what btc will do ? 2) Do you know when m2 will go out ? 3) Do you know when whales start buying/selling ? 4) Do you know when someone's account will be hacked ? 5) Do you know how the confrences went they had 3 last 2 weeks ? Serieus i can continu to at least 15, but i guess you got the point. You dont help anyone you give just your view of the market but its not needed to be repeated 20 times, come with nice things facts or new info. The only thing that i believe you said was honest is, dont buy all in ones. But if people now wait cause you said so and it go straight to 700. Let people decide themself, and come up with cool things. Like how cool factom is and features etc. I bought at 200 some sold at 200 doesnt make any diffrence if you keep it for long enough. I serieus miss tempus hes post, you should all read those back they had some great info, logic and ideas. Please explain why m2 will bring money to Factom? Or the price of a factoid rather. Current price of a factoid is already way pumped past what it should cost based on current entries. Factom honestly should be trading at 60k-80k but it's a great project and they will support 100-150k. Factom will most likely see the BIG pump in two years from now, maybe 10,000% even. Right now m2 is being used to sell a dump to you short term impatient dreamers. Just wait and buy cheap real soon but remember it's a two year hold to riches with Factom. Oke i can react to that finaly some normal discussion. I think m2 will bring money to factom, cause it will bring entry credits to the network! people will have a easier to use interface and so will company's, also it will bring more attention to factom people can test it easier and it looks more slick when they do. Also exodus will support factom bringing a nice wallet, many people will just withdraw their factom without papermill and relax. So the supply will get much lower. Current price is not way pumped cause what is way pumped ? At first m3 is bringing inflation not m2. So we dont know yet, so far m2 will only bring more burned coins. And like any stock etc the value is not 1 on 1 but it includes the future. If you watch movies of the factom team they have stated more then ones there are company's that ask can you store 1 trillion transactions a day on factom. David said it ones, Tiana said it ones, but you serieus only need one of thos company's and factom will be huge. The world that factom operates in is huge it can be everything 50 bn Iot devices, goverment, morgage, documents anything really. Thats why the start price will never be the same as the price the actuall entry support atm. Again you only speculate that it should go down, blah blah. I agree ma. Factom is great. Their idea and vision is amazing; they will be a necessary part of the future. But right now it's in a serious downtrend. Short term it will shake out the holders but the pump isn't like I said for a year or two But again you make assumptions based on nothing, who say it will shake down more holders ? you ? also who say it takes a year or two that is just guessing it can be 5, im oke with a steady grown not a pump. Factom never rebounded from the initial BTC pump which was a bad sign. It already reacted to the m2 news and pumped to 380k agin and now look at it dude. Please tell me why they are letting people buy in so cheap if a pump is minutes or days away? This is a downtrend heading to the levels of before the pump 6 months ago. I'm not the cause of this nor is anyone or anything, it's just what the market is doing and will do. People who are saying for you to buy right now are trying to pump it a bit so they can just dump out again to you. Please see this as truth and as help. Just wait for a good entry and don't give support to dumpers My entry was already on 210k as it touched support level, and again i never said it will pump in days. And market manipulation works that way create fear let them sell to get a cheap price then buy op loads remove sells and wait for it. And again your statement is full of assumptions that doesnt have any real basics just assumptions on assumptions. You might be right then i buy another 25k on 150k but i dont think we get there. I can only say were i can see it in the future when the usage is there. Dont forget a reversal can happen everywere and the support level of 210 can be also a good level for a reversal so far it went up a nice amount and the buyorders increased about 100 btc. |
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Papou then why did you close your SHORT if you strongly believe that factom will dump to 150k as i say guy, this Papou is a troll. I have observed him for almost 2 months in the cryptopia slack . His job is to ask people to buy Peak and Sell at bottom so he can take advantage of the naive investors one of the type of people which i hate the most. A real Jerk This was a good return for me, I'm not greedy, I've lost out on plenty from not taking profits. But please explain what you have seen me say and have done the opposite, please tell me. Why don't you get im trying to help you man How can you help if you serieus cant know were it is going? 1) Do you know what btc will do ? 2) Do you know when m2 will go out ? 3) Do you know when whales start buying/selling ? 4) Do you know when someone's account will be hacked ? 5) Do you know how the confrences went they had 3 last 2 weeks ? Serieus i can continu to at least 15, but i guess you got the point. You dont help anyone you give just your view of the market but its not needed to be repeated 20 times, come with nice things facts or new info. The only thing that i believe you said was honest is, dont buy all in ones. But if people now wait cause you said so and it go straight to 700. Let people decide themself, and come up with cool things. Like how cool factom is and features etc. I bought at 200 some sold at 200 doesnt make any diffrence if you keep it for long enough. I serieus miss tempus hes post, you should all read those back they had some great info, logic and ideas. Please explain why m2 will bring money to Factom? Or the price of a factoid rather. Current price of a factoid is already way pumped past what it should cost based on current entries. Factom honestly should be trading at 60k-80k but it's a great project and they will support 100-150k. Factom will most likely see the BIG pump in two years from now, maybe 10,000% even. Right now m2 is being used to sell a dump to you short term impatient dreamers. Just wait and buy cheap real soon but remember it's a two year hold to riches with Factom. Oke i can react to that finaly some normal discussion. I think m2 will bring money to factom, cause it will bring entry credits to the network! people will have a easier to use interface and so will company's, also it will bring more attention to factom people can test it easier and it looks more slick when they do. Also exodus will support factom bringing a nice wallet, many people will just withdraw their factom without papermill and relax. So the supply will get much lower. Current price is not way pumped cause what is way pumped ? At first m3 is bringing inflation not m2. So we dont know yet, so far m2 will only bring more burned coins. And like any stock etc the value is not 1 on 1 but it includes the future. If you watch movies of the factom team they have stated more then ones there are company's that ask can you store 1 trillion transactions a day on factom. David said it ones, Tiana said it ones, but you serieus only need one of thos company's and factom will be huge. The world that factom operates in is huge it can be everything 50 bn Iot devices, goverment, morgage, documents anything really. Thats why the start price will never be the same as the price the actuall entry support atm. Again you only speculate that it should go down, blah blah. I agree ma. Factom is great. Their idea and vision is amazing; they will be a necessary part of the future. But right now it's in a serious downtrend. Short term it will shake out the holders but the pump isn't like I said for a year or two But again you make assumptions based on nothing, who say it will shake down more holders ? you ? also who say it takes a year or two that is just guessing it can be 5, im oke with a steady grown not a pump. This is one of the coins i think can go x100 (call me crazy) so making people scared and some might even sell cause they believe you. |
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Papou then why did you close your SHORT if you strongly believe that factom will dump to 150k as i say guy, this Papou is a troll. I have observed him for almost 2 months in the cryptopia slack . His job is to ask people to buy Peak and Sell at bottom so he can take advantage of the naive investors one of the type of people which i hate the most. A real Jerk This was a good return for me, I'm not greedy, I've lost out on plenty from not taking profits. But please explain what you have seen me say and have done the opposite, please tell me. Why don't you get im trying to help you man How can you help if you serieus cant know were it is going? 1) Do you know what btc will do ? 2) Do you know when m2 will go out ? 3) Do you know when whales start buying/selling ? 4) Do you know when someone's account will be hacked ? 5) Do you know how the confrences went they had 3 last 2 weeks ? Serieus i can continu to at least 15, but i guess you got the point. You dont help anyone you give just your view of the market but its not needed to be repeated 20 times, come with nice things facts or new info. The only thing that i believe you said was honest is, dont buy all in ones. But if people now wait cause you said so and it go straight to 700. Let people decide themself, and come up with cool things. Like how cool factom is and features etc. I bought at 200 some sold at 200 doesnt make any diffrence if you keep it for long enough. I serieus miss tempus hes post, you should all read those back they had some great info, logic and ideas. Please explain why m2 will bring money to Factom? Or the price of a factoid rather. Current price of a factoid is already way pumped past what it should cost based on current entries. Factom honestly should be trading at 60k-80k but it's a great project and they will support 100-150k. Factom will most likely see the BIG pump in two years from now, maybe 10,000% even. Right now m2 is being used to sell a dump to you short term impatient dreamers. Just wait and buy cheap real soon but remember it's a two year hold to riches with Factom. Oke i can react to that finaly some normal discussion. I think m2 will bring money to factom, cause it will bring entry credits to the network! people will have a easier to use interface and so will company's, also it will bring more attention to factom people can test it easier and it looks more slick when they do. Also exodus will support factom bringing a nice wallet, many people will just withdraw their factom without papermill and relax. So the supply will get much lower. Current price is not way pumped cause what is way pumped ? At first m3 is bringing inflation not m2. So we dont know yet, so far m2 will only bring more burned coins. And like any stock etc the value is not 1 on 1 but it includes the future. If you watch movies of the factom team they have stated more then ones there are company's that ask can you store 1 trillion transactions a day on factom. David said it ones, Tiana said it ones, but you serieus only need one of thos company's and factom will be huge. The world that factom operates in is huge it can be everything 50 bn Iot devices, goverment, morgage, documents anything really. Thats why the start price will never be the same as the price the actuall entry support atm. Again you only speculate that it should go down, blah blah. |
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Stop blaming pap0u he went short @320 i would have done the same to get profit
Let him talk and start buying any euro usd cad cny rub etc u have can afford cuss thiss price is the dump before the big pump
The original dump was the BTC pump when Fct toppled from 400-250k. It was just used as an excuse since people bought thinking it would rebound. Why can't you guys go back and see the pump happened in the summer and now they sell you the news then you guys will dump back to them 150k or lower unless you hold, which I recommend. All I'm trying to do is help people get a good entry price in FCT and not lose money by selling when we dump to 150k level or lower. Just hold for a year or more, should be a good 400% return next pump back to 800k by the summer again 2017 please dump to 150k im willing to buy them all off you, good you only repeated that like how many times last 3 pages ? Do you copy/paste ? |
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Papou then why did you close your SHORT if you strongly believe that factom will dump to 150k as i say guy, this Papou is a troll. I have observed him for almost 2 months in the cryptopia slack . His job is to ask people to buy Peak and Sell at bottom so he can take advantage of the naive investors one of the type of people which i hate the most. A real Jerk This was a good return for me, I'm not greedy, I've lost out on plenty from not taking profits. But please explain what you have seen me say and have done the opposite, please tell me. Why don't you get im trying to help you man How can you help if you serieus cant know were it is going? 1) Do you know what btc will do ? 2) Do you know when m2 will go out ? 3) Do you know when whales start buying/selling ? 4) Do you know when someone's account will be hacked ? 5) Do you know how the confrences went they had 3 last 2 weeks ? Serieus i can continu to at least 15, but i guess you got the point. You dont help anyone you give just your view of the market but its not needed to be repeated 20 times, come with nice things facts or new info. The only thing that i believe you said was honest is, dont buy all in ones. But if people now wait cause you said so and it go straight to 700. Let people decide themself, and come up with cool things. Like how cool factom is and features etc. I bought at 200 some sold at 200 doesnt make any diffrence if you keep it for long enough. I serieus miss tempus hes post, you should all read those back they had some great info, logic and ideas. |
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Sigh, I wish you guys could see what I am talking about. Factom will be great, but in 12 months or more from now. Every news that comes out is being used to dump to us buyers as they exit from buying over a year ago. We missed the pump guys, wait for 80k-150k to buy in for the next one IMO. That is where I will stack up hard. It was a very bad sign breaking 250k, so much was bought now from 200k-240k that it's going to get dumped on the short term believers as they fomo in the 300k range and then dump under 200k for good. I wish you all would wait and stop letting the whales exit with high profits.
This could all be the Factom team themselves as well manipulating the market and profiting since they know they will make us rich but not until they get rich themselves. Once again, if you buy in now, it's a 12 month hold. I believe we will see 80k-150k shortly though.
Man serieus your talks get more and more redicoulus serieusly no TA at all and you dont say anything about the support line at the buttom. You just trying to fud and show people your believes without any backup. Let people decide for themself when they wanna buy and dont scare current holders off. Cause thats what your trying to make current holders scared. You dont know whats going to happen cause your just guessing. No1 knows what bitcoin will do, so its not even sure what factom will do. But one think i know bitcoin buy is exhausted atm and volume dropped 3x (fact not just saying stuff) so we can even see a bitcoin correction (and no im not saying it will happen but its my opinion it will) and that will rise factoms price, and that in combination with m2 soon i think we saw the bottum on the last drop to support line drawn from start to first drop till now. But serieus people dont listen to Pap0u hes predictions are awefull and dont get scared to buy if you want to. Make your own decision and he did give one good tip dont go all-in at ones. |
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Everyone should have listen to me u would be bankrupt if u were margin trading lol
Thats why i dont do margin its like playing roullete
But i did get some cheap fct wont sell till it hits 0.01 few more months prob may 2017
Exactly man. The only people who cry "FUD" are the traders who are trying to sell you their bags. Factom is a great project, great vision, great developments however they need TIME. They are a brand new startup roughly still and dont have a finished product yet; but all of you want prices that speak otherwise. Find a good entry point that is comfortable for you and hold long term, that is what I am saying and a few others here. I am not trying to FUD to buy lower, I am trying to save people money or save them from losing money....just keep Factom on your radar, right now is definetly a good price to take a position but dont go all in because you most likely will be able to average buy lower. If you want to margin trade, I hope you are in a short since 320k like I am . If you are looking for a short term margin position, I would recommend waiting for some buy support at 250k or above then shorting from there because we will touch 150k before we pump. You dream with your 150k, you seen the buy pressure as soon as it gets lower, one huge wallet got hacked that was a big downside, but im long on this since 207k ! but it all depends on bitcoin and like many we just dont know you act like you know but you dont, your grossbit alter ego. If bitcoin drop i doubt we see any lower levels, if m2 comes out i doubt we see lower levels, when we just dont know so i think its easier to say people look long term and take a target and relax. Cause if he was as good as he pretent he wouldnt be on forum of bitcointalk but in the bahama's on the beach. Dont take trade advice from a forum member make your own plan and stick to it. dont get greedy and dont get emotional only trade tips i can give. cause the rest is a guess. Everyone should have listen to me u would be bankrupt if u were margin trading lol
Thats why i dont do margin its like playing roullete
But i did get some cheap fct wont sell till it hits 0.01 few more months prob may 2017
Exactly man. The only people who cry "FUD" are the traders who are trying to sell you their bags. Factom is a great project, great vision, great developments however they need TIME. They are a brand new startup roughly still and dont have a finished product yet; but all of you want prices that speak otherwise. Find a good entry point that is comfortable for you and hold long term, that is what I am saying and a few others here. I am not trying to FUD to buy lower, I am trying to save people money or save them from losing money....just keep Factom on your radar, right now is definetly a good price to take a position but dont go all in because you most likely will be able to average buy lower. If you want to margin trade, I hope you are in a short since 320k like I am . If you are looking for a short term margin position, I would recommend waiting for some buy support at 250k or above then shorting from there because we will touch 150k before we pump. Why are you so confident it will drop to 150 before rebounding? He doesnt he only trying to let people join hes side of the trade. Cause technical analysis 150 is not at a support level or a previous low. 210 is a great support level and thats my guess but actually with a market like factom you just dont know. After m2 many people will take there coins out of poloniex that will help cause people will be not that panic sensative. |
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At least with a lower FCT price the burning process goes faster as the EC price stays the same.
1. Is there anyone who knows where you can check the amount of burned FCT's?
2. Also, Is there anyone who can explain exactly what m2 is all about and why he or she thinks this influences the price in a sustainable way (meaning: not a day or two a pump based on the news and then sell off again)
3. Furthermore: do we know how large the Gates grant actually was?
Bringing this up again. If anyone has some answers to these questions, happy to hear them. 1. Initial supply was 8,759,968.58633800 FCTs. Coinmarketcap.com states that the current supply is 8,753,219 FCTs. (...) Coinmarketcap is known to lack when it's about total supply. I hope this is correct: 8,748,314.98881070 https://factoid.liveThx for that link i didnt had that one! I think this is more then a great entry coin, after it hit support around 210 and went almost straight up again. Dont forget this drop was mainly cause Bo Shen got hacked, he was running a venture capital. And the portofolio included factom so i guess also some coins. |
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No hack on FCT, just a panic sale of uninformed holders. That s why I say it s time to either hold or hold and buy more.
Every education costs money so take advantage of what you know.
Actually boshen also owns factom, he is really formiliar with factom, and also have it in its portofolio for hes venture capital So if hes private keys are hacked he prob also have factom see the factom dump exactly 2 mins after Rep dump. |
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yes, and some FCT investors have bindly followed the panic moove. Now i understand how this absurd buy opportunity arrived. Actually this guy hacked called boshen runs a venture capital http://fenbushi.vc/index_en.htmlThis explain the factom drop aswell. but great buy oppertunity aswell. |
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Lets all hope m2 will be out soon for some good news, cause were losing so much on daily basis now.
Come on factom team! In you we trust.
Good to see the entry's picking up again, and even without m2
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More dumpers, DUMP more, do your worst. YOU WILL NOT SCARE ME AWAY!!!
Give me best you ve got.
lol... nobody who influences the pice reads this... At this point, any reader here with 50 BTC worth of Factom could influence the price big time. So let them do it, if one needs to lose money to get smart and sell just before M2, well, every education costs money. I can test it, kidding i will never do that, but mostly they are not as stupid as you expect. they do it around support levels to break them |
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More dumpers, DUMP more, do your worst. YOU WILL NOT SCARE ME AWAY!!!
Give me best you ve got.
lol... nobody who influences the pice reads this... I agree on that they have way to much money to care about bitcointalk forum, but its kinda sad people that dont know the market but supported factom will sell cause of fear and give them cheaper fct. |
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