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Fargo
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October 20, 2015, 03:14:00 PM |
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Help me please.
I can't transfer my Factoids(FCT) from koinify to poloniex.
I try type 12 keywords and wait 24 hours ago. It nothing.
and avaliable in koinify my balance.
Who same me.
Email support. They got back to me quick. |
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"Governments are good at cutting off the heads of a centrally
controlled
networks like Napster, but pure P2P networks like Gnutella and Tor seem
to be holding their own." -- Satoshi
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FACTOM (OP)
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October 20, 2015, 04:21:51 PM |
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mishax1
Legendary
 Offline
Activity: 2898
Merit: 1017
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October 20, 2015, 05:15:48 PM |
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"There is a fixed number of Factoids that will be paid to the servers. This is roughly 73,000 Factoids per month."
"If the value of Factoids exceeds the number of factoids used, then the supply of factoids will decrease, pushing the price up.
If the value of Factoids is less than the number of factoids used, then the supply of factoids will increase, pushing the price down."
"Starting midday Friday, the Factoid/Entry Credit (EC) exchange rate will be adjusted to better reflect the market price. This brings the cost to enter data back to the expected $0.001/KiB. We will try to keep the exchange rate within 25% of the observed Factoid market price."
These maybe taken out of context, but I'm trying to figure this out..
Factoids are being traded with bitcoin.
Is the factoid value being measured by the dollar or the bitcoin ?
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Joerii
Legendary
Offline
Activity: 1274
Merit: 1050
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October 20, 2015, 08:37:07 PM |
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Is the factoid value being measured by the dollar or the bitcoin ?
Factoids are measured in Bitcoin value. Entry credits price is fixed to a certain tiny dollar amount. ( forgot how much ) So when Factoid price goes up, you're going to need less of them to buy entry credits. Or you could buy entry credits directly from, for example, Factom Inc. But Factom inc. will still need to convert Factoids to entry credits. |
Hypercube - get the attention you deserve
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monsiam012
Newbie
Offline
Activity: 4
Merit: 0
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October 21, 2015, 03:40:52 AM |
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Help me please.
I can't transfer my Factoids(FCT) from koinify to poloniex.
I try type 12 keywords and wait 24 hours ago. It nothing.
and avaliable in koinify my balance.
Who same me.
Email support. They got back to me quick. Where email support. koinify or poloniex? Thank so much Fargo. |
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mishax1
Legendary
Offline
Activity: 2898
Merit: 1017
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October 21, 2015, 04:33:43 PM
Last edit: October 21, 2015, 04:57:33 PM by mishax1 |
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Is the factoid value being measured by the dollar or the bitcoin ?
Factoids are measured in Bitcoin value.Entry credits price is fixed to a certain tiny dollar amount. ( forgot how much ) So when Factoid price goes up, you're going to need less of them to buy entry credits. Or you could buy entry credits directly from, for example, Factom Inc. But Factom inc. will still need to convert Factoids to entry credits. Ok, so here's a question or two.. Lets say the market price of factoids is 0.001 BTC and the price of 1 BTC is 10$ and I'm the only factom user: a. How many factoids are burned when I use 1000$ to buy EC's ? ANDLets say the market price of factoids is 0.001 BTC and the price of 1 BTC is 1000$: b. How many factoids are burned when I use 1000$ to buy EC's ? According to your answer, the same amount of factoids are being burned on both cases. Is that correct ? Can a Factom member confirm this? |
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neo1947
Sr. Member
Offline
Activity: 449
Merit: 250
don t touch my Bits
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October 21, 2015, 05:50:23 PM |
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hi
will there be a qt wallet for non tech Factoids holder?
Kind Regards
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culexevilman
Legendary
Offline
Activity: 1064
Merit: 1000
Bitcoin is too valuable to be used as a currency
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October 21, 2015, 09:35:38 PM |
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What is the total supply of FCT? Is it just 8.7M or there are more?
Quoting Paul Snow: "We started out with 8759968.58633800 factoids in block 0. Fast forward to the latest block at the time of me writing this post, you see the supply is 8756528.27066099 factoids in block 6432.
That means the supply of factoids is down by 3440.31567701 factoids. This is because until we get the full protocol up and running, and all the federated servers are in place, there is no inflation, no payments made to the servers. This is because we wish to be fair to the crowd sale, and also to give the protocol a chance to take hold and gain some growth in the use of the protocol before inflation sets in. When inflation does set in, it will be at a fixed rate of ~73000 tokens per month (10 percent of the crowdsale total each year).
Keep in mind, that with use of the protocol we also experience deflation. All fees paid for transactions, build entry chains, and write entries remove factoids from the total. They are not paid to the servers."https://www.reddit.com/r/factom/comments/3ozje2/eli5_what_are_factom_selling_when_they_sell/thats good to know... |
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FACTOM (OP)
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October 23, 2015, 07:23:27 AM |
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dcxtx
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October 23, 2015, 09:45:41 PM |
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hi
will there be a qt wallet for non tech Factoids holder?
Kind Regards
Not qt, but there will be a Graphical User Interface in addition to the commandline access you have now. |
We buy and sell Factoids.
Also BTC, DOGE, DRK/DASH, FTC, LTC, NAV, NMC, NVC, NXT and PPC
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tempus
Legendary
Offline
Activity: 1960
Merit: 1128
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October 24, 2015, 10:20:22 PM |
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themerkle
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October 25, 2015, 02:18:42 AM |
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Thanks for sharing our article  |
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Joerii
Legendary
Offline
Activity: 1274
Merit: 1050
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October 25, 2015, 10:36:27 AM |
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So nobody else noticed that HUGE trading spike ?
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Hypercube - get the attention you deserve
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Cornett
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October 25, 2015, 10:12:06 PM |
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So nobody else noticed that HUGE trading spike ?
It was impressive. I guess the things're going to be interesting. We'll can see 3x marketcap for Factom easily before the New Year. And it will be only the start. |
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tempus
Legendary
Offline
Activity: 1960
Merit: 1128
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October 26, 2015, 11:46:41 AM |
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starsoccer9
Legendary
Offline
Activity: 1630
Merit: 1000
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October 26, 2015, 02:15:52 PM |
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So nobody else noticed that HUGE trading spike ?
It was impressive. I guess the things're going to be interesting. We'll can see 3x marketcap for Factom easily before the New Year. And it will be only the start. personally I am waiting for the nice factom gui to come out before I start trading |
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solid12345
Legendary
Offline
Activity: 1246
Merit: 1000
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October 26, 2015, 03:37:52 PM |
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So nobody else noticed that HUGE trading spike ?
It was impressive. I guess the things're going to be interesting. We'll can see 3x marketcap for Factom easily before the New Year. And it will be only the start. LOL I bought at 3x marketcap unfortunately to begin with. Oh well I'm hoping though this has a long-term potential to be huge. |
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Raimonn
Legendary
 Online
Activity: 1456
Merit: 1001
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October 26, 2015, 04:42:28 PM |
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If i buy factoids, where can i save them? Only on the exchange that i used to buy or there is any kind of wallet to save them?
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starsoccer9
Legendary
Offline
Activity: 1630
Merit: 1000
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October 26, 2015, 05:05:28 PM |
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If i buy factoids, where can i save them? Only on the exchange that i used to buy or there is any kind of wallet to save them?
well on the exchange or using the command line wallet |
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Cornett
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October 26, 2015, 07:22:06 PM |
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