thanks for the answers. my question just was, where these 73k factoids a month are coming from. are they being mined each month, premined or just created? just curious ..
After M3 Factom will be fully decentralized and run on federated servers which will be elected and rotate. The 73k Factoids are payment for those servers. Edit: Until M3, which can be expected in 1 year or so, no Factoids will be created. That's why the supply is decreasing - through Factoid-to-Entry-Credit-conversion --> "burns" Factoids. M3 will be released when price is stable @ x3 ATH which is 0.02607 |
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ok im ready space suit on lets go to a new ath mcp and usd
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Factom nearing ATH marketcap   It's great to see FACTOM rising together with BTC, I'm so happy I bought some at 250K Still way undervalued guess it can blow up anytime now |
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?Kinda like they leaked news early to save the dumping market price. Over a year, and no community pressence at all. Why even pre announce a pre announcement lol, thats exactly what you did. We knew M2 was around the corner, they even stated multiple times, why do a pre news for the pre news to the pre news of the news? Can anyone verify they arent just creating factoids out of thin air and dumping since I recall something about they can adjust the supply directly themselves?
Yes FCT devs are scammers and thief's they even received a grant from bill gates to continue their scam.. NICE! |
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Hehe, I m sure they celebrated NY as we all did. You cannot expect them to post update now. In a day or two we should have more news.
Agreed. Factom Migration has already started. We may expect Exodus wallet soon imo.. Exodus end of January probably. nah 2 weeks from now max |
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fatcom 2017 omg cant even specualte the next bull run its gonna be to big to speculate hold your sell button and see more bitcoins coming in every month
Lol the desperation is real. Yeah keep ur spam up to date even if ur broke and 100k in debt u will continue posting bullshit we will eventually see u at a railway station begging for euros/dollars |
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fatcom 2017 omg cant even specualte the next bull run its gonna be to big to speculate hold your sell button and see more bitcoins coming in every month
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Factom market is dying a slow death. I hope no one is holding bags above 300k...it looks like we won't see above 300k for around a year or so.
My guess is this m2 "pre release" news was orchestrated for a final exit on the dying market, especially with the December Bitcoin rally. Makes me wonder if Factoids are even a good long term investment now....they could be selling everyone their idea but never come through with anything....
We will not see 300k but we will see 3M in a long run... You just continue to FUD bcoz thats what you know to do PERFECTLY....
Just a few things here that you should keep in mind and then just ignore all FUD:- Factom is a real company with +/- 30 people that are all known by name (which crypto currency can say that: most of them are pretty shady) - Factom has already real business products that solve real business problems and these products are being used more and more - Factom got grants from US Homeland Security and Bill & Melinda Gates foundation (quite some names) - Factom won several meaningful awards - Factom is backed by large investors like Tim Draper and every round it raises more funds (recently 4.2 million USD) - Factom is rolling out M2, the most important Milestone of the project - With M2 there is support for wallets like Exodus. This will attract more buyers who don't want to store coins on an exchange and it will take away FCT supply from exchanges. This supply is currently partly used for shortening the price, and that will partly disappear. Just look at the % of coins (compared to total supply) ETH and Monero have on Polo and compare that to FCT. The reason that % is so high for FCT is because of the lack of wallets. This problem will be solved soon. - Factom has real clients and is expanding rapidly. Smartrac is a big one and will start using Factom in January with its product Dloc, expecting to increase the entries. - Factom is a top 5 coin on Polo in terms of volume and lately even a top 3 coin. High volume means healthiness. It attracts large investors that want to be able to enter and exit at any time, for which high volume is required. - The price of a FCT was at December 6th 2016 at 1.58 USD because of the panic of a hack. Before that event it traded around 2 USD. a few weeks later it was pumped to 3.40 after which it is stable now at 2.45USD. It's completely normal that such a pump could not hold completely. But FCT did not fall back to it's old level again and even the latest BTC pumps cannot take the price down in USD value for long. It continuously recovers if it drops with a BTC pump. This is very promising and means traders don't want to take it lower for long. I would say that every drop to low 2 USD is currently a bargain. The market believes in Factom, but the price will rise when it's the right moment. Until then you should not care about the swings and take your chances to accumulate when others panic. +1 factom mooning soon just dont sell to early edit: let btc rise til 1-2k fct will follow always remember if btc fails so will factom |
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a weekly update about the rollover would be nice any devs care to respond ?  |
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As long as m2 is not live anything can happen even 100k is possible
We need m2 live and running top notch only then fct will pump we will have dumps but nothing like we seen these last months
So devs lets get this wonderfull coin succeed asap
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U guys still talking with the spammer pap0u..
When price goes down he says he shorted when it goes up hes long
Nonsense
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lol these dumps are getting weirder and weirder something is up, a new eth bull run is on the way
also m2 is not released yet its just published as long m2 is not live this price swings will happen
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Once more, please do not feed the troll. Please do not make me repeat this every day. There s no sensible discussion with Papu. All he tries to do is present himself as a crypto magician who makes tons of money on each pump and dump when in reality he probably does not own 2k FCT.
So let us stay on course. Has anyone tried contacting Exodus regarding Factom wallet? They said after M2. Well M2 s here.
M2 is not live yet it will take 1-2weeks... Expect exodus in that timeframe |
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bigger the dumps the bigger the pump were gonna see a new ath soon dont even try to sell at 0.01 unless u wanna cry real hard
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let btc pump fct will follow
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http://www.rfidjournal.com/articles/view?15392Saw this recent post about the Dloc partnership, looks like its ready out the gates in 2017. "Smartrac has released a Near Field Communication (NFC) radio frequency identification solution to ensure that documents and their related data cannot be altered or forged. Smartrac's dLoc solution stores encrypted data about a document that can only be unlocked and read by authorized parties using hash-value technology. The system is expected to be made commercially available next month."By using the hash value and Factor's blockchain software, Deyoung explains, the system creates a permanent, immutable record that can never be altered, copied or destroyed. "We've partnered with Factom in the U.S. to assist with bringing the technology to market," Deyoung says, "and to gain access into areas that we [Smartrac] have historically not been involved [with]." This includes the banking and health-care sectors. Smartrac unveiled the solution last month at the TRUSTECH show in Cannes, and this month at Singapore's High Security Printers Conference. "The feedback has been tremendous," Deyoung reports. "It's a pivot from our standard product line," he says, adding that Smartrac plans to take the next month or so to educate its sales and support staff before rolling out the dLoc solution in January. if smartrac is on January, then M2 is pretty near to be out now. Expecting this year (few more days)  no price must recover first then m2 release, we will see a small dump and after that a new ath many people will sell their factoids but cry 6 months later |
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Papu who?  Let see if we can break 40 tonight. Go, Factom, GO! wait didnt u said the following: The problem is margin trading. I'm a long term holder of Factom but I also buy and sell on margin on top of my normal holdings which I don't trade. There are too many people playing these swings, especially since they tanked the price so cheap. So now we see patterns of loading up between 28-30 and selling 30-32 for quick easy money over and over. We just need the demand to surpass the sell orders which honestly won't be happening for around over a year if I had to guess or by the time factoids are actually valuable beyond a doubt. Right now, news and speculation isn't enough because the big holders are making more than enough by margin trading, especially being able to short it. There is no need to pump this, they make the money regardless, why pump and give more free money to plebs away?
M2 will be released when fct reach 400k stop asking Waiting for your genie for the magic lamp to push Factom to 400k. Is it there yet? Just addmint it, i have a "magic lamp" and u dont even if we didnt reach 400k yet 396k is good enough lets see if it holds or just keeps pumping till 600k |
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I dont want m2 release till price recovers to above 400k
Devs would agree with me
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