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

[itsnasir]

I think factom is coming to binance, bithumb, okex, huobi anyone of these exchanges and this is why the price is going up due to accumulation! I am doing the same because this kinda price rise happens normally when some crypto is near to be listed on some big exchange!

[bitChipper]

I'm David Chapman, CEO of Factomize LLC, one of the Factom Protocol Authority Nodes.  I wanted to let everyone know that many of the ANOs are taking part in an AMA over on Reddit located here. Come ask some hard questions and we'll start to answer them on November 29th starting at 18:00 UTC.

Welcome to bitcointalk David and thanks for all your hard work and dedication to the protocol over the last year, Factom would not be where it is without you.

During the last Bull run FCT hit $80 odd dollars at its peak.
Based on all the development and use cases since, what kind of price would you think it could peak at during the next run?
It still staggers me how little supply the project has.

That 80$ was heavily influenced by the price of bitcoin, if factom gets to the same levels in BTC price today that it was at during that $80 all time usd high than the price of factom today would be $18 ( .0049 per FCT, .0049= $18).

So I wouldn't expect some crazy new all time high in USD, I would exclusively look at the price of factom in BTC.

We are at .0040 today (around it) which is still a long ways away from the all time high of .0144, so factom would need to go up almost another 300% to reach that .0144 all time high in bitcoin price. In which case it still would only be $53. (.0144 = $53)

I think it's reasonable to speculate factom could reach the top 20, its so solid and has proven the test of time and is now gaining a lot of momentum. People are impressed.

So if it makes the top 20 that would put it at around $38 using calculations below:

(Random mkt cap guess within top 20 / current supply)

(333465215 / 8745102 ) = $38

[Odeoke]

Factom is making shock the whole crypto community with it is superb rise especially in current situation where even the king is also falling but it moving totally opposite. I sold this coin few months but now will buy again if I get this chance.

[panda111]

Hi . why only 2 pages .?
Actually this project is out of range . I love it.
I think this is the top working blockchain.

[kuduirt]

how is passible
why so hight pump +500% lol for 2 weeks

[doedz]

Like I have found something that has been raised again.
Factom has entered Coinmarketcap around October 2015 and now I have found a new Announcement which was born on November 29, 2018.

And seeing Factom prices on the Bittrex Exchange for now is around 450,000 Satoshi , Oh My God!

[codemanX]

After holding my Factoids nearly two years I'm very impressed about the current price in BTC-terms. There is still no way to stake my Factoids, right?

[MirkoIta]

I think factom is coming to binance, bithumb, okex, huobi anyone of these exchanges and this is why the price is going up due to accumulation! I am doing the same because this kinda price rise happens normally when some crypto is near to be listed on some big exchange!

It's fun how people still think that getting added to a new exchange has anything to do with a price rise. Factom is an old project and the team worked hard during the past 3 years, the rise in value is given by the true value of FCT project.

[what is happening]

fct is the stuff which dreams are made

[itsnasir]

I think factom is coming to binance, bithumb, okex, huobi anyone of these exchanges and this is why the price is going up due to accumulation! I am doing the same because this kinda price rise happens normally when some crypto is near to be listed on some big exchange!

It's fun how people still think that getting added to a new exchange has anything to do with a price rise. Factom is an old project and the team worked hard during the past 3 years, the rise in value is given by the true value of FCT project.

One cannot overlook this factor, It usually does happen when some coin is about to be listed on some exchange, No matter what exchanges say, Their insiders accumulate and then sell the news! I am very much aware that factom is an old project and its team has been working really hard! Every market is based upon speculations, You cannot know for 100% that this is why price dropped or this is why price upped but you calculate all the factors based upon company's performance and their future advancements!

[muleroaa]

I think factom is coming to binance, bithumb, okex, huobi anyone of these exchanges and this is why the price is going up due to accumulation! I am doing the same because this kinda price rise happens normally when some crypto is near to be listed on some big exchange!

It's fun how people still think that getting added to a new exchange has anything to do with a price rise. Factom is an old project and the team worked hard during the past 3 years, the rise in value is given by the true value of FCT project.

I have to agree on this. I for one had no idea of all the work that was going on behind the scenes. Of course when the grants were appointed by DHS and by the Gates Foundation and the concepts of Factom were being worked and improved on, all seemed very impressive but I had not kept up for a long time and only kept track of Bitcointalk activity. To see all the great things that are being worked on and how the process of decentralization is taking place is very impressive to see. A lot has been put into place to secure the longevity of the project and to make sure that everyone is doing their part to forward the protocol and the ecosystem.

I look forward to see all of this come to fruition over the coming few years!

[erwan]

Can Factom, or any company for that matter, decide to issue an IPO (STO) as equity and no longer honor their utility tokens? Is there a process or legal precedence for that?

[irwanjabryg]

FCT aren't shares in the company Factom Inc. FCT are utility tokens that allow usage of the Factom protocol blockchain. As long as the protocol is being used by people, FCT will have value. See this article for more details: https://factomize.com/the-genius-of-the-factom-two-token-system/

[David Chapman]

Factomize Authority Node Operator November update: https://factomize.com/forums/threads/november-update.1361/

[Rune]

Always liked factom did not happen to buy the low still might get into this if it dips a bit  can see a good future for this coin.

[Factom Protocol]

The Factom Protocol now has its own Facebook and LinkedIn. Please like and follow us!

Facebook

LinkedIn

[Twinkledoe]

With this kind of technology, the profile of team members should be published on the website. Why is it not published? I only see names on wp.

[Mariia_BT]

With this kind of technology, the profile of team members should be published on the website. Why is it not published? I only see names on wp.

perhaps, so far the team does not want to focus on itself,
but wants the participants to pay more attention to the very idea of the project,
and then to the loud names of the founders
it is my opinion

[MrSunshine]

After holding my Factoids nearly two years I'm very impressed about the current price in BTC-terms. There is still no way to stake my Factoids, right?

Correct holders cannot stake FCT in any way, it only applies to the nodes.

[Factom Protocol]

With this kind of technology, the profile of team members should be published on the website. Why is it not published? I only see names on wp.

We're starting to build that out.  This will all be fully integrated into factomprotocol.org in time.  You can see the coalition of 26 companies that decentralize, build, and further the protocol here: https://factomize.com/forums/major-contributors/

Because the Factom Protocol is so decentralized, a series of committees and working groups have been formed which you can see here: https://factomize.com/forums/major-contributors/committees

We'll be adding Guides and Core Developers to that area soon.