[FCT] Factom - A data-centric platform for decentralized applications

[DStefanov]

why dump price??  

Good time to buy more FCT! 

[negomarkett]

2nd fall this week ... I'll wait a little before buying.

[mishax1]

Someone is trying very hard to sell at half the price on Poloniex because the price on Bittrex didn't go below 10K sat.

[negomarkett]

well returned to 12k ..... the next buy ..

[Factom Protocol]

The May 15th Edition of the Factom Protocol Newsletter is out.  It includes a short Q/A with Carl DiClementi of Factom Inc.

[Factom Protocol]

VERSO Presents Blockchain-enabled Warranty Claims Management Module in partnership with Factom Inc.

[Factom Protocol]

Developers should check out the testnet and sandbox documentation in the developers portal.  And if you have any questions, join the Discord chat server linked in our signature or post here.

[Factom Protocol]

The results of the ANO election are in.  The four winners are:

Consensus Networks
Kompendium
HashQuark
Factable Solutions

We now have 28 Authority Node Operators decentralizing the protocol's infrastructure.

[David Chapman]

Factom EDA - A Vision of the Future.

This blog post was written by "Who", Factomize's Core developer. It is meant to inspire future development goals and trends.

[broadhurst]

YOU HAVE 50.000$/100.000$ daily volume man. What are you talking about FAT? You wanna compete with ETH, Stratis, waves, lisk, komodo, ubiq, RVN and god knows how many more? With your 2 markets and 50k volume? Can we get back to earth plz?

You need to suit up and start selling to exchanges because i can also write an email to binance knowing beforehand no one will probably read it. Same goes for you. MANUP SUITUP and go to them PHYSICALLY, make appointment and fucking SELL YOUR MOTHER! Thats the attitude im expecting from a company. You are not decentralized platform like RVN you have a CEO. So act like a fucking CEO then dammit!

I bought Factom when it was $2   All I have been hearing since then is  " factom is one of the very few coins that has a real world use"  yet this is not reflected in its price - There are truly shitcoins out
there that out perform factom - There is definitely something wrong with Factoms attitude to its investors - if and when their is another bull run I shall have to sell my bag as Factom just does not seem
to have any energy.

The price on the market at the moment does not depend on fundamental factors. Almost all the upward movement is speculation. Good projects can fall in price for a very long time while shit grows.
Do not be surprised that this market is simple and you need to understand it.

What I do understand is that that I would have been much better off putting it in BTC which is where my main bag is, but I decided to give an Altcoin a chance and Factom has spectacularly  under performed given it's supposed "real world" use case.

[negomarkett]

well returned to 12k ..... the next buy ..

well now if I start to buy ... I see RSI (1D) increasingly low

 

[broadhurst]

YOU HAVE 50.000$/100.000$ daily volume man. What are you talking about FAT? You wanna compete with ETH, Stratis, waves, lisk, komodo, ubiq, RVN and god knows how many more? With your 2 markets and 50k volume? Can we get back to earth plz?

You need to suit up and start selling to exchanges because i can also write an email to binance knowing beforehand no one will probably read it. Same goes for you. MANUP SUITUP and go to them PHYSICALLY, make appointment and fucking SELL YOUR MOTHER! Thats the attitude im expecting from a company. You are not decentralized platform like RVN you have a CEO. So act like a fucking CEO then dammit!

I bought Factom when it was $2   All I have been hearing since then is  " factom is one of the very few coins that has a real world use"  yet this is not reflected in its price - There are truly shitcoins out
there that out perform factom - There is definitely something wrong with Factoms attitude to its investors - if and when their is another bull run I shall have to sell my bag as Factom just does not seem
to have any energy.

The price on the market at the moment does not depend on fundamental factors. Almost all the upward movement is speculation. Good projects can fall in price for a very long time while shit grows.
Do not be surprised that this market is simple and you need to understand it.

What I do understand is that that I would have been much better off putting it in BTC which is where my main bag is, but I decided to give an Altcoin a chance and Factom has spectacularly  under performed given it's supposed "real world" use case.

 16% dump - it has become a shitcoin if it was not always one

[MrSunshine]

YOU HAVE 50.000$/100.000$ daily volume man. What are you talking about FAT? You wanna compete with ETH, Stratis, waves, lisk, komodo, ubiq, RVN and god knows how many more? With your 2 markets and 50k volume? Can we get back to earth plz?

You need to suit up and start selling to exchanges because i can also write an email to binance knowing beforehand no one will probably read it. Same goes for you. MANUP SUITUP and go to them PHYSICALLY, make appointment and fucking SELL YOUR MOTHER! Thats the attitude im expecting from a company. You are not decentralized platform like RVN you have a CEO. So act like a fucking CEO then dammit!

I bought Factom when it was $2   All I have been hearing since then is  " factom is one of the very few coins that has a real world use"  yet this is not reflected in its price - There are truly shitcoins out
there that out perform factom - There is definitely something wrong with Factoms attitude to its investors - if and when their is another bull run I shall have to sell my bag as Factom just does not seem
to have any energy.

The price on the market at the moment does not depend on fundamental factors. Almost all the upward movement is speculation. Good projects can fall in price for a very long time while shit grows.
Do not be surprised that this market is simple and you need to understand it.

What I do understand is that that I would have been much better off putting it in BTC which is where my main bag is, but I decided to give an Altcoin a chance and Factom has spectacularly  under performed given it's supposed "real world" use case.

 16% dump - it has become a shitcoin if it was not always one

It dumped in part because of margin losses on Polo.

[broadhurst]

There is like what, 73000 factoids created every month? How you gonna sell them without crashing the market if you only have two major exchanges listing it? You can build a blockchain service but cant provide liquidity? It just blows my mind really.

Dude they are not worried about liquidity right now, these ANO that are getting a portion of the 73k factom are not just market selling everything. Maybe some to cover cost of running the node but they are saving the rest.

If a big client comes along and wants to make a bunch of entries then they don't need to hold factoids, thats the best part of the two token system.

It blows my mind that you think the developers should be working on liquidity rather than the product.

The " we are working on platform" card is long due, dude. That was nice first 2-3 years. Not after 5 years. "IF" a big client comes along? You listen to yourself? Factom was allegedly working with these so called BIG corporations for years. Where are they now then? They used factom as a testnet and now they are all looking to build their own chains using JPM's quorum. That is whats up now.
I guess you are ok with this and that is fine.

I am selling my Factom bag if and when it gets to a "decent" price - even though I "only" paid $2 for Factom it has been my worst "investment out of all my portfolio - I don't want to hear about "real world use case" as it's all talk and no walk - Factom is a solution looking for a problem.. It jumped on the "Blockchain" bandwagon and has made as much progress for it's investors as a snail climbing Mount Everest... Factom talks the talk but cannot walk the walk..period
 

[negomarkett]

well returned to 12k ..... the next buy ..

well now if I start to buy ... I see RSI (1D) increasingly low

 

I can not complain, yesterday I bought in 60k and I just sold in 90k in poloniex and this was my 3rd try.

the previous 2 I let them pass because I thought the currency would not rise again. my mistake 

[broadhurst]

There is like what, 73000 factoids created every month? How you gonna sell them without crashing the market if you only have two major exchanges listing it? You can build a blockchain service but cant provide liquidity? It just blows my mind really.

Dude they are not worried about liquidity right now, these ANO that are getting a portion of the 73k factom are not just market selling everything. Maybe some to cover cost of running the node but they are saving the rest.

If a big client comes along and wants to make a bunch of entries then they don't need to hold factoids, thats the best part of the two token system.

It blows my mind that you think the developers should be working on liquidity rather than the product.

The " we are working on platform" card is long due, dude. That was nice first 2-3 years. Not after 5 years. "IF" a big client comes along? You listen to yourself? Factom was allegedly working with these so called BIG corporations for years. Where are they now then? They used factom as a testnet and now they are all looking to build their own chains using JPM's quorum. That is whats up now.
I guess you are ok with this and that is fine.

I am selling my Factom bag if and when it gets to a "decent" price - even though I "only" paid $2 for Factom it has been my worst "investment out of all my portfolio - I don't want to hear about "real world use case" as it's all talk and no walk - Factom is a solution looking for a problem.. It jumped on the "Blockchain" bandwagon and has made as much progress for it's investors as a snail climbing Mount Everest... Factom talks the talk but cannot walk the walk..period

Factom getting ready to leave Coin market caps Top 100 - the final nail in its coffin... R.I.P.
  

[donnatello]

Factom EDA - A Vision of the Future.

This blog post was written by "Who", Factomize's Core developer. It is meant to inspire future development goals and trends.

Any idea why FCT is being lumped in with the other alts on Bittrex?

[bitChipper]

Factom EDA - A Vision of the Future.

This blog post was written by "Who", Factomize's Core developer. It is meant to inspire future development goals and trends.

Any idea why FCT is being lumped in with the other alts on Bittrex?

Not sure, it sucks though.

Now liquidity really is a problem, for all the ANOs in the united states they are now solely limited to poloniex and thats IF polo doesn't geofence it either. It's already been said by Paul and other members of the team that factom is not a security so I don't know why trex is fencing it.

Price just continues to flirt with all time lows in sats (50-70k), these are levels we haven't seen since 2015!

How can the overall market value FCT now the same that it did in 2015 with all the progress? If i had to guess I would say that it's because nobody outside the realm of people who already own bitcoin KNOW about factom.....the 2017 investor does not know about factom....wall street does not know factom.

The only people that do know about the project would never value the Factoid over their bitcoin, its just another shitcoin. Maybe if we got talked about on cnbc like other alts or had USD pairs we wouldn't be in this spot.

[donnatello]

Not sure, it sucks though.

Now liquidity really is a problem, for all the ANOs in the united states they are now solely limited to poloniex and thats IF polo doesn't geofence it either. It's already been said by Paul and other members of the team that factom is not a security so I don't know why trex is fencing it.

Price just continues to flirt with all time lows in sats (50-70k), these are levels we haven't seen since 2015!

How can the overall market value FCT now the same that it did in 2015 with all the progress? If i had to guess I would say that it's because nobody outside the realm of people who already own bitcoin KNOW about factom.....the 2017 investor does not know about factom....wall street does not know factom.

The only people that do know about the project would never value the Factoid over their bitcoin, its just another shitcoin. Maybe if we got talked about on cnbc like other alts or had USD pairs we wouldn't be in this spot.

The crack team in Austin are sleeping at the wheel. Fucking wake up already and convert some of your MOUs to bankable projects!

[Ferdo]

https://www.freightwaves.com/news/factom-protocol-joins-blockchain-in-transport-alliance